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Page 1
Main Highlights
2024
Annual
Report
Charting a New Path
PT Bank SMBC Indonesia Tbk
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT A
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Main Highlights B 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
Charting a New Path
The rebranding of Bank BTPN to Bank SMBC
Indonesia marks a significant strategic
transformation, a reaffirmation of its long-
term strategy to strengthen synergy with
SMBC as its parent company. This synergy
is expected to enhance product and service
innovation, supporting more inclusive and
sustainable financial growth.
With a forward-looking vision, Bank SMBC
Indonesia is poised to navigate dynamic
market challenges with confidence. This
transformation unlocks new opportunities to
expand its service portfolio, enhance digital
capabilities, and drive sustainable growth that
delivers value to both the community and
stakeholders.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 1
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Main Highlights
Table of Contents
4
5
Enhancing Jenius Platform Capabilities
Maintaining Operation Excellence 03
6 Transformation Becoming SMBC Company Profile
Indonesia
7 Solid Growth Amidst Market Challenges
68 General Information
8 Maintaining Liquidity, Credit Portfolio 69 Brief History of The Company
Quality, and Capitalization 70 Milestones
9 Innovation for 72 Line of Business
Inclusion and Growth 73 Products and Services
75 Main Values
76 Organizational Structure
01
78 Profile of the Board of Commissioners
85 Profile of the Board of Directors
93 Change in Composition of the Board of
Commissioners
Main Highlights 94 Profile of Executive Officers
98 Employee Statistics
100 Majority and Controlling Shareholder
12 Performance 2024 SMBC Indonesia
101 Ultimate Shareholders
14 Financial Highlights
102 Controlling Shareholders
18 Share Highlights
105 List of Subsidiaries
19 Corporate Actions
106 Areas of Operation
20 Information on Temporary Suspension of Shares
Trading 109 Membership in Associations
20 Issuance of Bonds and Sukuk 109 Chronology of Shares Listing
21 Overview of Bonds and Sukuk 110 Chronology of Other Securities Listing
21 Rating of SMBC Indonesia Bonds 110 Public Accounting Firm
21 Payment of Interest and Principal in 2024 111 Name and Address of Capital Market and/or
Supporting Institutions
24 2024 Event Highlights
112 Information on Company Website
29 Awards and Certifications
02 04
Management Discussion
Management Report
and Analysis
39 Board of Commissioners’ Report
116 Economic and Banking Industry Review
46 The Board of Commissioners
116 Economic Review
49 Board of Directors’ Report
117 Banking Industry Review
58 The Board of Directors
118 Performance Review by Business Segment
60 Board of Management
119 Retail Banking
62 Executive Officers
120 Jenius
64 Statement Letter of The Board of Commissioners
and Board of Directors Regarding Responsibility 122 Retail Lending Business
for The 2024 Annual Report 125 Wealth Management Business
of PT Bank SMBC Indonesia Tbk
127 Business Banking
128 Corporate Banking
131 Treasury
133 Sharia Banking
135 Profitability by Business Segment
136 Financial Performance Overview
137 Financial Balance Sheet
141 Profit and Loss Performance
2 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
07
Corporate Governance
264 Principles of GCG Implementation
142 Cash Flow
266 Legal Basis of Implementation
142 Ability to Pay Debt
267 ASEAN Corporate Governance Scorecard Reference
143 Prime Lending Rate
268 Objectives of GCG Implementation
143 Capital Structure
269 GCG Structure
144 Material Commitments Related to Capital Goods
Investments 270 GCG Implementation and Commitment
145 Realization of Capital Goods Investment 278 General Meeting
of Shareholders (GMS)
145 Material Information and Facts Occurring After
The Reporting Date 289 Majority and Controlling Shareholders
145 Targets, Realizations, and Projections 290 Board of Commissioners
147 Business Prospects 297 Board of Directors
147 Dividend 304 Transparency of Information on The Board of
Commissioners and The Board of Directors
148 Long-Term Compensation: Employee and
Management Stock Ownership Program 317 Committees Under The Board
of Commissioners
148 Realization of Use of Proceeds from The Public
Offering 337 Committees Under The Board
of Directors
149 Material Information on Transactions Related to
Investment, Expansion, Divestment, Acquisition, 356 Corporate Secretary
and Debt/Capital Restructuring 361 Compliance Function
149 Material Transactions Containing Conflict of 366 Internal Fraud
Interest and/or Transactions with Affiliated/ 368 Anti-Money Laundering, Antimoney Laundering,
Related Parties Counterterrorist Financing, and Counter-Proliferation
150 Changes in Legislations that Have Significant Financing of Weapons of Mass Destruction (AML CFT
Impact and CPF)
151 Changes in Accounting Policy 370 Provision of Funds for Social and Political Activities
151 Compliance As Taxpayer 370 Transparency of The Bank’s Financial and Non-Financial
152 Marketing Aspect Conditions
153 Marketing Strategy 371 Share Buyback or Subordinated Bond
155 Market Share 371 Provision of Funds to Related Prties and Large Exposure
05
372 External Audit
373 Internal Audit Work Unit
381 Internal Control System (SPI)
384 Important Cases Faced by Subsidiaries, Members of The
Risk Management Board of Commissioners, and Members of The Board of
Directors
385 Administrative Sanctions
158 Risk Management Policy 385 Access To Corporate Information
and Data
159 Implementation of Risk Management
159 Risk Management Organization 386 Code of Ethics
161 Description of Risk Management Implementation 387 Price Sensitive Information Personal Account Dealing
164 Review of the Effectiveness of the Risk 388 Governance In Procurement
of Goods and Services
Management System
165 Statement of the Board of Directors and/or Board 388 Reporting of Violations System
of Commissioners or Audit Committee on the 389 Policy on Anti-Corruption and Bribery
Adequacy of Risk Management 391 Transparency in Bad Governance Practices
165 Internal Control System
07
166 Capital Disclosure
183 Disclosure of Risk Exposure
06 Social and Environmental
Responsibility
Business Support Review
394 Highlights of Sustainability
248 Human Resources Development
396 Risk Management Implementation Report for
254 Operations and Technology Operational Risk
405 2024 Financial Statements
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 3
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Main Highlights
Enhancing Jenius
Platform Capabilities
New Features
• Think Unthinkable
• FCY Buy and Sell 24/7
• Unlimited BI-Fast Transaction
• Creditbility
• New Partners for Yay Point Redemption
• Play & Yay!
• Cash Cow
• SMBCI Transformation (New Booth Design, New
Card Design, Program Funds with Benefits and
JCP / Jenius Airplane Charter)
5.2 Registered User 51%
In 2024, the number of customers The realization of funding from
served by Jenius increased by Jenius increased by 51% in 2024,
13.46%, from 5.2 million customers reaching Rp3.3 trillion from the
in 2023 to 5.2 million customers. previous year’s Rp2.2 trillion.
Rp29.5 trillion
The Total Third-Party Funds
(DPK) managed by Jenius in 2024
reached Rp29.5 trillion, up by 16%
compared to Rp25.5 trillion in 2023.
4 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
Maintaining
Operation Excellence
Development of Operational Excellence
through improvements in service
excellence, strengthening aspects of control
and compliance as well as operational
process excellence, supported by synergy
with information technology through
digitalization and information security
realized through service digitalization,
implementation of automation, increasing
the degree of process smoothness
or straight thru processing as well as
improvements to the accuracy and quality
of data and reliability of the regulatory
reporting process.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 5
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Main Highlights
Transformation Becoming
SMBC Indonesia
Strengthening synergy with Sumitomo Mitsui
Banking Corporation (SMBC), the parent company,
with the aim of expanding more comprehensive
financial services and strengthening its position in
the domestic market.
Customer
Micro Business
13,190 customers
Wealth Management
Business Customers
142,257 customers
Service Programs
Jenius’ flagship services and
MSME Financing continue to
improve.
Commitment
Providing inclusive financial
solutions for all levels of society.
6 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
Solid Growth Amidst
Market Challenges
The Bank expanded its business by acquiring the OTO
Group and recorded strong financial performance and
proved the fundamental strength of SMBC Indonesia’s
business to continue driving sustainable growth for
the community.
ASSET
01 Growth 20% YoY to
Rp241.1 trillion
Net Interest Income
02 Increased 26% up to
Rp15.2 trillion
NPAT
03 Increased 19% reached
Rp2.8 trillion
Net Interest Margin (NIM)
04 Increased to
7.10%
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 7
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Main Highlights
Maintaining Liquidity,
Credit Portfolio Quality,
and Capitalization
The Company has successfully increased
operational efficiency and maintained strong
liquidity throughout 2024.
01
LCR
253.71%
02 03
NSFR Total Credit
Increased 15% reach
125.02% Rp179.4 trillion
Demonstrating
Together with the OTO
Long-term Funding
Group, SMBC Indonesia
Strength
will continue to implement
healthy risk management
NPL (gross)
04 05
Retail Credit
2.50%
growth 31% (including financing
receivables)
contributed by:
Joint Finance segment 389%
Jenius 51%
Micro 40%
06
CAR
30.02%
Demonstrating
capitalization strength
8 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights Innovation for Inclusion and Growth The Company continues to innovate by expanding its product reach, including through the strategic acquisition of the OTO Group. OTO Group Third Party Fund Sustainable Acquisition Balance Bonds Contribution to Up 12% to Rp121.3 Rp1,743 billion automotive sector trillion, strengthening for funding credit distribution. the funding base. diversification. Product Development Focus on financial inclusion and service innovation. PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 9
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2024 ANNUAL REPORT
Page 13
01
Main
Highlights
12 Performance 2024 SMBC Indonesia
14 Financial Highlights
18 Share Highlights
19 Corporate Actions
20 Information on Temporary Suspension of Shares
Trading
20 Issuance of Bonds and Sukuk
21 Overview of Bonds and Sukuk
21 Rating of SMBC Indonesia Bonds
21 Payment of Interest and Principal in 2024
24 2024 Event Highlights
29 Awards and Certifications
Throughout 2024, the Bank recorded a
positive performance by posting an increase
in net profit, lending, third party funds,
and assets, proving the strength of SMBC
Indonesia’s business fundamentals to
continue driving sustainable growth for the
community.
2024 ANNUAL REPORT
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Main Highlights
Performance 2024
SMBC Indonesia
Amidst the challenging economic conditions,
the Bank’s performance in the 2024 financial
year continued to grow positively.
Net Interest Income
Rp15,2 trillion
The Bank managed to record an increase
in Interest Income of 26%, mainly
driven by interest income from credit
distribution, placement of liquid assets
such as securities, and net interest income
from the OTO Group.
Net Profit Attributable
to Owners of the Parent
Entity
Rp2,8 trillion
Operating Income increased by 19% compared to 2023.
Rp17,4 triliun
Operating income increased by 27% from
IDR13.7 trillion in 2023, driven by a 26% rise
in net interest income and a 31% increase
in other operating income.
12 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
SMBC Indonesia strives Description Total
to provide easy services Operational Head Office 1
Non-Operational Regional Office 9
to customers through
Branch Office 58
the availability of Sub-Branch Offices 183
branch office and ATM Functional Office
networks. • Operation Functional Office 1
• Non-Operation Functional Office 0
Total Office Network 252
ATM 217
TCR 0
Payment Point 15
Total Office Network & ATM 469
* Office Network Data of SMBCI Individual
Branch Offices
58 Offices
ATM Sub-Branch Offices
217 Units 183 Offices
Sustainable Empowerment
DAYA
With a vision to make a meaningful difference in the lives of millions of people,
SMBC Indonesia manifests this by running the Daya program which is a
measurable and impactful customer empowerment program.
Throughout 2024, more than 10.3 million participants have benefited from the
Daya program through 12,159 empowerment activities spanning across 4 Daya
pillars, which include:
1. Personal Capacity Development
2. Financial Literacy
3. Business Capacity Building
4. Sustainable Life
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 13
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Main Highlights
Financial Highlights
(Rp Million, unless stated otherwise)
Description 2024 2023 2022 2021
Balance Sheet
Total Assets 241,096,427 201,448,392 209,169,704 191,917,794
Earning Assets 1)
236,185,309 197,325,929 204,169,669 187,244,554
Loans 2) 179,404,617 156,561,297 146,123,516 135,598,774
Deposits from Customers 3) 121,317,811 108,198,576 114,866,548 109,380,130
Borrowings 52,632,885 34,283,897 48,025,106 37,615,236
Securities Issues 2,939,924 200,569 200,134 996,089
Investment in Shares 75,285 102,586 103,473 22,522
Total Liabilities 3) 186,350,388 160,165,288 169,756,680 155,838,867
Total Equity 4) 54,746,039 41,283,104 39,413,024 36,078,927
Number of Shares Issued and Fully Paid (in units) 10,645,945,748 8,149,106,869 8,149,106,869 8,149,106,869
Income Statement
Interest Income 23,588,335 18,815,673 15,898,376 14,747,193
Interest Expenses (8,380,053) (6,771,610) (4,221,331) (3,605,564)
Net Interest Income 15,208,282 12,044,063 11,677,045 11,141,629
Other Operating Income 2,221,078 1,689,372 1,664,162 1,530,642
Other Operating Expenses (9,428,203) (7,222,481) (6,843,364) (6,552,317)
Provision for impairment losses expense (3,897,140) (3,049,919) (1,840,167) (2,111,776)
Operating Income - Net 4,104,017 3,461,035 4,657,676 4,008,178
Profit for the Year Before Tax 4,120,473 3,457,682 4,657,319 4,007,172
Net Income for the Year 3,216,240 2,682,484 3,629,564 3,104,215
Profit for the Year Attributable to
• Owners of the Parent 2,812,986 2,358,334 3,095,701 2,664,714
• Non-Controlling Interest 403,254 324,150 533,863 439,501
Other Comprehensive Income for the Year, Net of Income Tax 74,756 18,348 (154,602) 78,604
Total Comprehensive Income for the Year, Net of Income Tax 3,290,996 2,700,832 3,474,962 3,182,819
Total Comprehensive Income Attributable to
• Owners of the Parent 2,868,590 2,376,847 2,939,728 2,742,035
• Non-Controlling Interest 422,406 323,985 535,234 440,784
Earnings per Share (Full Amount) 279 293 384 331
Notes:
1. Including loans sharia financing/receivables, current accounts with BI and
other banks, placements with BI and other banks, securities, investment in
shares, acceptance receivables, and derivative receivables
2. Including Sharia financing/receivables
3. Including temporary syirkah funds
4. Including non-controlling interests
14 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
(in %)
Description 2024 2023 2022 2021
Financial Ratios
Capital
Minimum Capital Adequacy Requirement 5) 30.0 29.9 27.3 26.2
Earning Assets
Non-performing earning assets and non-performing non-productive 1.2 0.7 0.7 0.8
assets to total earning assets and non-productive assets
Non-performing earning assets to total earning assets 1.2 0.7 0.7 1.3
Reserves for Impairment Losses (CKPN) for financial assets to earning 2.6 2.5 1.8 2.2
assets
NPL-Gross 2.5 1.4 1.4 1.7
NPL-Net 1.1 0.4 0.4 0.4
Profitability
Return on Asset (ROA) 6) 1.8 1.7 2.4 2.2
Return on Equity (ROE) 6.8 6.5 9.1 8.6
Net Interest Income Margin (NIM) 7.1 6.5 6.3 6.6
Operating Expense to Operating Income (BOPO) 7) 83.2 83.7 75.1 76.0
Cost of Funds 4.4 4.4 2.7 2.5
Cost to Income Ratio (CIR) 7)
53.9 52.7 49.8 49.3
Profit (loss) to Income/Sales 17.1 16.6 26.0 24.0
Liquidity
Loan to Deposit Ratio (LDR) 8) 147.0 142.7 126.7 123.1
Current Ratio 43.7 33.7 45.3 44.8
Solvency
Debt to Asset Ratio 77.3 79.5 81.2 81.2
Debt to Equity Ratio 340.4 414.2 460.0 458.8
Compliance
Percentage to BMPK Violation
• Related Parties - - - -
• Non-Related Parties - - - -
Percentage to Excessive BMPK
• Related Parties - - - -
• Non-Related Parties - - - -
Minimum Rupiah Main Statutory Reserves (Bank Only) 6.9 8.3 8.2 3.7
Minimum Foreign Currency Main Statutory Reserves (Bank Only) 4.0 4.0 4.0 4.0
Net Foreign Currency Position (Bank Only) 1.4 0.5 0.3 0.1
Others
Number of Branch Office 9) 719 333 358 477
Number of ATM and TCR 231 228 221 224
Number of Employee 10)
29,382 20,933 19,740 19,334
Notes:
5. Including credit, operational and market risks
6. RoA before tax
7. BOPO and CIR for 2019-2021 have been restated to match the presentation of the
ratios in 2022 (in accordance with SEOJK No. 9/SEOJK.03/2020 dated June 30, 2020,
regarding “Transparency and Publication of Conventional Commercial Bank Reports”)
8. LDR (not including Loan to Bank)
9. Including Payment Points & Functional Offices
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 15
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Main Highlights
Financial Highlights
01 Customer Deposits
(including temporary syirkah funds)
Rp121.3 Trillion
Total Equity 02
Rp54.7 Trillion
03 CAR Ratio
30.0%
Return on Equity (RoE) 04
6.8%
05 Total Assets
Rp241.1 Trillion
16 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
Net Income Attributable to Owners
Net Interest Income of the Parent
(in trillion rupiah) (in trillion rupiah)
11.7 12.0 15.2 3.1 2.4 2.8
2022 2023 2024 2022 2023 2024
Other Operating Income Other Operating Expenses
(in trillion rupiah) (in trillion rupiah)
1.7 1.7 2.2 (8.7)
2022 (10.3)
2023 (13.3)
2024
2022 2023 2024 (8.7) (10.3) (13.3)
Loans Granted Including
Financing Receivables Third-Party Funds
(in trillion rupiah) (in trillion rupiah)
146.1 156.6 179.4 114.9 108.2 121.3
2022 2023 2024 2022 2023 2024
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 17
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Main Highlights
Share Highlights
INITIAL PUBLIC OFFERING
PT Bank SMBC Indonesia Tbk (“SMBC Indonesia”, “SMBCI”, “Bank”) held an initial public offering (IPO) on June
8, 2007. In this corporate action, 267,960,220 shares were offered to the public with a nominal value of Rp100 (full
value) per share. The offering price was Rp2,850 (full value) per share. The shares were listed on the Indonesia Stock
Exchange on March 12, 2008.
Highest Lowest Closing Trade Volume Total Listed Shares Market Capitalization
Period
(Rp) (Rp) (Rp) (Share) (Share) (Rp)
2024
Quarter I (March) 2,620 2,558 2,370 2,557,870 10,645,945,748 25,230,891,422,760
Quarter II (June) 2,630 2,210 2,370 1,491,500 10,645,945,748 25,230,891,422,760
Quarter III (September) 2,490 2,240 2,260 1,638,800 10,645,945,748 24,059,837,390,480
Quarter IV (December) 2,400 2,220 2,610 1,638,800 10,645,945,748 27,785,918,402,280
2023
Quarter I (March) 2,580 2,400 2,500 1,599,600 8,149,106,869 20,372,767,172,500
Quarter II (June) 2,710 2,460 2,710 2,661,600 8,149,106,869 22,084,079,614,990
Quarter III (September) 2,780 2,700 2,700 4,379,500 8,149,106,869 22,002,588,546,300
Quarter IV (December) 2,700 2,520 2,620 2,008,000 8,149,106,869 21,350,659,996,780
SMBC INDONESIA STOCK DEVELOPMENT
Share Price Trade Volume
3,000 300,000
2,400 240,000
1,800 180,000
1,200 120,000
600 60,000
0 0
Jan Feb Mar Apr Mei Jun Jul Agt Sep Okt Nov Des
Share Price 2024 Trade Volume 2024
18 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
Corporate Actions
Throughout 2024, the Company conducted several expand and invest in business through the takeover
corporate actions, with details as follows: of companies engaged in the financing business,
namely PT Oto Multiartha and PT Summit Oto
1. Transfer of Treasury Stock Finance, from SMBC and PT Summit Auto Group
The Extraordinary General Meeting of Shareholders (which is currently a subsidiary of Sumitomo
(“EGMS”) on December 7, 2023, approved the Corporation).
withdrawal of 92,292,198 treasury stock. This will
impact the reduction of issued and paid-up capital On February 26, 2024, 2,589,131,077 new shares
of SMBC Indonesia and increase the capital in with a nominal value of Rp20.00 (full amount) per
portepel if creditors do not object to this plan within share were listed on the Indonesia Stock Exchange.
a certain period, in accordance with the Law of the Thus, the number of issued and fully paid shares
Republic of Indonesia on Limited Liability Company of 8,056,814,671 shares becomes 10,645,945,748
No.40 of 2007. shares.
Based on the announcement to creditors on 3. Free Float
December 8, 2023, the withdrawal of treasury On January 25, 2024, Sumitomo Mitsui Banking
stock is conducted to comply with OJK Regulation Corporation released 200,000,000 shares to the
No. 2/POJK.04/2013 regarding the Buyback of public. This is in fulfillment of provision I.22 of the
Shares Issued by Issuers or Public Companies in Indonesia Stock Exchange Regulation No. I-A,
Significantly Fluctuating Market Conditions (which which is Appendix I of the Decree of the Board of
has been revoked and replaced by OJK Regulation Directors of BEI Number: Kep-00101/BEl/12- 2021
No. 13 of 2023 regarding Policies in Maintaining dated December 21, 2021, regarding the number of
Capital Market Performance and Stability in Free Float shares.
Significantly Fluctuating Market Conditions),
which will be effective within 60 days if there is no 4. Issuance of Shelf Registered Bonds V Bank
objection from creditors. BTPN Phase I Year 2024
The Company issued Shelf Registered Bonds
Until the expiration of the deadline for the V Bank BTPN Phase I Year 2024 with a nominal
submission of objections from creditors to changes value of Rp355,060,000,000 (three hundred
in capital as referred to in Law No. 40 of 2007 fifty-five billion sixty million rupiah). The bonds
concerning Limited Liability Companies, the were declared effective on June 27, 2024, by the
amendment to the articles of association as set out Chief Executive of the Capital Market Supervisor,
in Deed No. 07 dated December 7, 2023, made Derivative Finance, and Carbon Exchange of OJK
by Notary Ashoya Ratam, S.H., MKn, has been based on Letter No. S-82/D.04/2024 dated June
approved by the Ministry of Law and Human Rights 27, 2024.
of the Republic of Indonesia through letter No.
AHU-0082757.AH.01.02 of 2023 dated February 7, 5. Changes in Name and Logo
2024. The Name change of PT BANK BTPN Tbk to
PT Bank SMBC Indonesia Tbk and the change of
2. Increase of capital through Pre-Emptive Right the Bank’s Logo are effective from October 2, 2024.
II (“PHMETD II”) Approval of the name change was obtained from
In connection with the plan of PMHMETD II or the Extraordinary General Meeting of Shareholders
Rights Issue II, which was decided by EGMS on (GMS) dated August 29, 2024, as outlined in Deed
December 7, 2023, the Bank obtained an effective Number 43 dated August 29, 2024, made by Notary
statement from the Financial Services Authority Ashoya Ratam, S.H., M.Kn and approved by the
through letter Number S-29/D.04/2024 dated Minister of Law and Human Rights through Decree
February 19, 2024. The Bank disclosed the plan Number AHU-0054625.AH.01.02. year 2024 dated
to use the proceeds from the corporate action to August 29, 2024, as well as from OJK through letter
Number S-195/PB.31/2024 dated September 24,
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 19
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Main Highlights
Corporate Actions
2024, regarding the Plan to Change the Logo of PT CHANGES IN SHARE PRICE FROM
BANK BTPN Tbk, and Decision of OJK’s Board of CORPORATE ACTION
Commissioners Number KEP-73/D.03/2024 dated
September 25, 2024, regarding the Determination All of these corporate actions did not result in any
of the Use of Business License in the Name of PT changes to the Bank’s share price.
BANK BTPN Tbk into the name of PT Bank SMBC
Indonesia Tbk.
6. Issuance of Shelf Registered Bonds V Bank
SMBC Indonesia Phase II Year 2024
In December 2024, the Company issued Shelf
Registered Bond V Bank SMBC Indonesia
Phase II Year 2024 with a nominal value of
Rp1,396,415,000,000 (one trillion three hundred
ninety-six billion four hundred fifteen million rupiah).
Information on Temporary
Suspension of Shares Trading
Throughout 2024, SMBC Indonesia share did not experience any temporary suspension of shares trading on the
stock exchange.
Issuance of Bonds and Sukuk
During 2024, SMBC Indonesia issued the Shelf Registered Bonds V Bank BTPN Phase I Year 2024 with a nominal
value of Rp355,060,000,000 (three hundred fifty-five billion sixty million rupiah). These bonds were declared effective
on June 27, 2024, by the Chief Executive Officer of the Capital Market Supervisor, Derivative Finance, and Carbon
Exchange of the Financial Services Authority (OJK) based on Letter No. S-82/D.04/2024 dated June 27, 2024.
Furthermore, in December 2024, the Bank issued Shelf Registered Bonds V Bank SMBC Indonesia Phase II Year 2024
with a nominal value of Rp1,396,415,000,000 (one trillion three hundred ninety-six billion four hundred fifteen million
rupiah), with details as follows:
Description Date of Listing Total Bonds (Rp) Interest Rate (%) Maturity Date
Public offering of Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate Phase I Year 2024
Series A July 8, 2024 114,755,000,000 7.00 July 5, 2027
Series B July 8, 2024 240,305,000,000 7.10 July 5, 2029
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase II Year 2024
Series A December 18, 2024 429,910,000,000 6.70 December 17, 2027
Series B December 18, 2024 966,505,000,000 6.95 December 17, 2029
20 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 23
Main Highlights
Overview of Bonds and Sukuk
Description Date of Listing Total Bonds (Rp) Interest Rate (%) Maturity Date Outstanding (Rp)
Public offering of Shelf Registered Bonds IV Bank BTPN with Fixed Interest Rate Phase I Year 2019
Series B November 27, 2019 201,000,000,000 7.75 November 26, 2024 Repayment has been made
on November 26, 2024
Public offering of Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate Phase I Year 2024
Series A July 8, 2024 114,755,000,000 7.00 July 5, 2027 114,755,000,000
Series B July 8, 2024 240,305,000,000 7.10 July 5, 2029 240,305,000,000
Public offering of Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase II Year 2024
Series A December 18, 2024 429,910,000,000 6.70 December 17, 2027 429,910,000,000
Series B December 18, 2024 966,505,000,000 6.95 December 17, 2029 966,505,000,000
Rating of SMBC Indonesia Bonds
Bonds 2024 Rating 2023 Rating 2022 Rating
Public offering of Shelf Registered Bonds IV Bank BTPN AAA (idn) AAA (idn) AAA (idn)
with Fixed Interest Rate Phase I Year 2019
Public offering of Shelf Registered Bonds V Bank BTPN idAAA - -
with Fixed Interest Rate Phase I Year 2024
Public offering of Shelf Registered Bonds V Bank SMBC idAAA - -
Indonesia with Fixed Interest Rate Phase II Year 2024
Payment of Interest and
Principal in 2024
Shelf Registered Bonds IV Bank BTPN with Fixed Interest Rate Phase I Year 2019 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-17 February 26, 2024 3,894,375,000
Coupon-18 May 26, 2024 3,894,375,000
Coupon-19 August 26, 2024 3,894,375,000
Coupon-20 November 26, 2024 204,894,375,000
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 21
Page 24
Main Highlights
Payment of Interest and Principal in 2024
Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate Phase I Year 2024 Series A
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 October 5, 2024 2,008,212,500
Coupon-2 January 5, 2025 2,008,212,500
Coupon-3 April 5, 2025 2,008,212,500
Coupon-4 July 5, 2025 2,008,212,500
Coupon-5 October 5, 2025 2,008,212,500
Coupon-6 January 5, 2026 2,008,212,500
Coupon-7 April 5, 2026 2,008,212,500
Coupon-8 July 5, 2026 2,008,212,500
Coupon-9 October 5, 2026 2,008,212,500
Coupon-10 January 5, 2027 2,008,212,500
Coupon-11 April 5, 2027 2,008,212,500
Coupon-12 July 5, 2027 116,763,212,500
Shelf Registered Bonds V Bank BTPN with Fixed Interest Rate Phase I Year 2024 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 October 5, 2024 4.265.413.750
Coupon-2 January 5, 2025 4.265.413.750
Coupon-3 April 5, 2025 4.265.413.750
Coupon-4 July 5, 2025 4.265.413.750
Coupon-5 October 5, 2025 4.265.413.750
Coupon-6 January 5, 2026 4.265.413.750
Coupon-7 April 5, 2026 4.265.413.750
Coupon-8 July 5, 2026 4.265.413.750
Coupon-9 October 5, 2026 4.265.413.750
Coupon-10 January 5, 2027 4.265.413.750
Coupon-11 April 5, 2027 4.265.413.750
Coupon-12 July 5, 2027 4.265.413.750
Coupon-13 October 5, 2027 4.265.413.750
Coupon-14 January 5, 2028 4.265.413.750
Coupon-15 April 5, 2028 4.265.413.750
Coupon-16 July 5, 2028 4.265.413.750
Coupon-17 October 5, 2028 4.265.413.750
Coupon-18 January 5, 2029 4.265.413.750
Coupon-19 April 5, 2029 4.265.413.750
Coupon-20 July 5, 2029 244.570.413.750
22 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 25
Main Highlights
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase II Year 2024 Series A
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 March 17, 2025 7.200.992.500
Coupon-2 June 17, 2025 7.200.992.500
Coupon-3 September 17, 2025 7.200.992.500
Coupon-4 December 17, 2025 7.200.992.500
Coupon-5 March 17, 2026 7.200.992.500
Coupon-6 June 17, 2026 7.200.992.500
Coupon-7 September 17, 2026 7.200.992.500
Coupon-8 December 17, 2026 7.200.992.500
Coupon-9 March 17, 2027 7.200.992.500
Coupon-10 June 17, 2027 7.200.992.500
Coupon-11 September 17, 2027 7.200.992.500
Coupon-12 December 17, 2027 121.955.992.500
Shelf Registered Bonds V Bank SMBC Indonesia with Fixed Interest Rate Phase II Year 2024 Series B
Description Date of Payment Total Payment - Net (Rp)
Coupon-1 March 17, 2025 16.793.024.375
Coupon-2 June 17, 2025 16.793.024.375
Coupon-3 September 17, 2025 16.793.024.375
Coupon-4 December 17, 2025 16.793.024.375
Coupon-5 March 17, 2026 16.793.024.375
Coupon-6 June 17, 2026 16.793.024.375
Coupon-7 September 17, 2026 16.793.024.375
Coupon-8 December 17, 2026 16.793.024.375
Coupon-9 March 17, 2027 16.793.024.375
Coupon-10 June 17, 2027 16.793.024.375
Coupon-11 September 17, 2027 16.793.024.375
Coupon-12 December 17, 2027 16.793.024.375
Coupon-13 March 17, 2028 16.793.024.375
Coupon-14 June 17, 2028 16.793.024.375
Coupon-15 September 17, 2028 16.793.024.375
Coupon-16 December 17, 2028 16.793.024.375
Coupon-17 March 17, 2029 16.793.024.375
Coupon-18 June 17, 2029 16.793.024.375
Coupon-19 September 17, 2029 16.793.024.375
Coupon-20 December 17, 2029 257.098.024.375
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 23
Page 26
Main Highlights
2024 Event Highlights
31 January 19 February 23 February
Jenius from SMBC Indonesia launched SMBC Indonesia provides innovative ESG Jenius from SMBC Indonesia presented
a new campaign, Think Unthinkable, Deposit products for corporate customers, a new reward for redeeming Yay Points
which is a self-reflection and emphasizes as a form of commitment to continuously (points on Jenius Credit Cards) in the Travel
Jenius’ passion in delivering more than 40 striving to bring meaningful change in category, namely GarudaMiles. This addition
innovations and features in unprecedented achieving net zero emission targets through makes the Travel category rewards in Yay
ways to help the lives of digital savvy various sustainable financial solutions. Points redemption more complete since its
people. launch in October 2022.
ESG Deposit not only offers financial
Several Jenius friends, such as Marvin instruments with optimal returns for The Yay Points to GarudaMiles can also be
Sulistio as a traveler and content creator, corporate customers but also helps redeemed directly from the Jenius app.
Puty Puar as an illustrator and founder of customers realize sustainable initiatives
the Buibu Baca Buku club, and Maureen through deposit products that are
Hitipeuw as the founder of the Single Moms strategically allocated to initiatives, projects,
Indonesia community, shared stories that and activities that contribute to supporting
inspired them to do the unthinkable with sustainable development activities in
Jenius during the press conference. environmental, social, and governance
corridors.
26 February 04 March 21 March
SMBC Indonesia’s net interest income SMBC Indonesia and Allianz Life Indonesia SMBCI Indonesia held its Annual General
throughout 2023 increased by 3% year-on- Insurance extended their cooperation Meeting of Shareholders (AGMS), which
year (yoy) compared to the previous year, to on bancassurance products to continue decided to distribute cash dividends for the
Rp12.04 trillion. This achievement is a result providing the protection that customers 2023 fiscal year of Rp471.66 billion. The
of the Bank’s commitment to continuously need. The partnership has been established amount is equivalent to Rp44.30 per share
developing comprehensive and innovative since 2013 through various life insurance and is 20% of the Bank’s net income for the
financial services, focusing on sustainability. products for the Bank’s customers, such 2023 fiscal year, which was recorded at the
as Guardia Optima, Guardia Prima, Guardia level of Rp2.35 trillion.
The increase in net interest kept the Net Maxima, and Guardia Ultima, which
Interest Margin (NIM) at 6.45%, higher than combine the benefits of protection against In addition to the dividend distribution,
the same period last year of 6.32%. life risks and optimal investment to help shareholders approved the provision of
customers achieve financial goals planned funds amounting to Rp10.35 billion as
with their families. a mandatory reserve fund to fulfill the
provisions of Article 70 of the Limited
The Bank also offers Allianz Guardia Legacy Liability Company Law. Thus, the
and Guardia Pasti insurance products - Company’s mandatory reserve fund
traditional life insurance for customers who increased to Rp42.95 billion or equal to
prioritize protection for themselves and their 20% of the Company’s issued and paid-up
families with defined inheritance benefits capital for 2024.
that can be used to realize future dreams
and plans - as well as Guardia PINTAR,
traditional life insurance with an insured
value that can be utilized to plan children’s
education funds in the future.
24 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
26 March 27 March 23 April
Jenius from SMBC Indonesia launched a SMBC Indonesia officially announced the SMBC Indonesia signed a US$15 million
survey titled “Jenius Study: Behavior of acquisition of financing companies, namely sustainable credit agreement with PT
Digital Savvy Communities during Ramadan PT Oto Multiartha (OTO) and PT Summit Oto Indo-Rama Synthetics Tbk (Indorama).
& Ahead of Eid al-Fitr 2024.” The survey, Finance (SOF) known as the OTO Group. Through this cooperation, the Bank will
which was conducted from February 28 to This acquisition is a crucial milestone for the extend support to Indorama in concrete
March 18, 2024, involved 233 respondents Bank in providing a more complete business steps to reduce carbon emissions and adopt
aged 17-40 years from various Jabodetabek portfolio to serve a wider customer segment. environmentally friendly practices.
and non-Jabodetabek areas (Bandung,
Surabaya, Sidoarjo, Semarang, Medan, The incorporation of OTO Group into SMBC This agreement reflects the synergy in
Palembang, Makassar, Manado, and Aceh). Indonesia’s ecosystem will boost product realizing the vision of both companies to
and service innovation to be more relevant, create a positive impact on the environment
The results show a description of the provide added value, and encourage a and wider society.
behavior of digital savvy people that year more meaningful life for all stakeholders,
who focus on creating a more meaningful especially customers. The acquisition will
Ramadan. It was conducted by improving also strengthen the synergy between the
the quality of worship, organizing holiday Bank and OTO Group in capturing the
allowances better, and strengthening growth opportunities of the four-wheeler and
friendship by gathering with family. two-wheeler financing market in Indonesia.
22 May 03 June 21 July
SMBC Indonesia delivers custodial services SMBC Indonesia and SMBC provided a Jenius from SMBC Indonesia once again
for institutional and individual investors, US$450 million syndicated loan to PT IMG collaborates with Pocari Sweat as the
local and foreign, after officially receiving Sejahtera Langgeng (IMGSL), a subsidiary co-title sponsor of POCARI SWEAT Run
approval as a custodian bank from the of Indomobil Group. The loan has several Indonesia 2024, from special offers when
Financial Services Authority (OJK). As a tranches in the use of funds, one of which purchasing tickets using Jenius, “road to”
custodian bank, the Bank will carry out is a green financing tranche of US$225.8 events with POCARI SWEAT Run Indonesia
transactions related to securities (such as million, which will be used to support efforts involving more than 2,612 runners in 10
stocks, bonds, and participation units of to transition to a green economy through cities in Indonesia, up to the excitement at
mutual fund collective investment contracts) the development of an electric vehicle the race expo and running day.
and represent account holders who become ecosystem.
its customers. The event was organized as a hybrid and
The step is a manifestation of the Bank’s successfully became the largest in Indonesia
Currently, the Bank serves the opening of and SMBC’s commitment to driving more with 42,008 runners involved. There were
custodial securities accounts, securities meaningful and sustainable growth. In this 15,817 runners who ran from Gedung Sate,
storage, transaction settlement, corporate syndication involving 32 lenders, Bank and Bandung, and 26,191 people who ran
actions, financial administration, and SMBC act as Coordinating Mandated Lead virtually from Sabang to Merauke.
reporting. Arranger and Bookrunner as well as Lead
Green Loan Coordinator, Facility Agent,
Collateral Agent, and Account Bank.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 25
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Main Highlights
2024 Event Highlights
30 July 12 August
SMBC Indonesia’s lending increased 19% yoy to Rp176.2 trillion, and assets increased SMBC Indonesia collaborates with
22% yoy to Rp235.8 trillion. The Bank’s consolidated financial statements for the period Syailendra Capital as an investment
January-June 2024 took into account the financial performance of PT Oto Multiartha and PT manager, whose services can be accessed
Summit Oto Finance, which were acquired at the end of March 2024. Net interest income also through the Jenius application. Through
increased, reflected in the net interest margin (NIM), which increased to 6.41% at the end of this collaboration, Jenius users can access
June 2024 from 6.33% a year ago. Net interest income increased by 17% yoy to nearly Rp7.0 5 (five) superior mutual fund investment
trillion as of June 30 amidst the still high interest rate conditions. products owned by Syailendra Capital,
namely Syailendra Cash Fund, Syailendra
The increase in net interest income helped operating income (consolidated) to increase 18% Premium Fixed Income, Syailendra Fixed
yoy to Rp8.2 trillion. The Bank’s net income after tax (consolidated) attributable to owners of Income Fund, Syailendra MSCI Value
the parent was Rp1.2 trillion at the end of June 2024, lower by 15% yoy due to a 46% yoy Index Fund Class A, and Syailendra Equity
increase in credit costs, or Rp540 billion, post the acquisition of OTO Group. The decrease in Opportunity Fund Class A.
net income was also due to a 26% yoy increase in operating expenses, in line with the growth
in business volume and ongoing Bank BTPN initiatives.
21 August 27 August 29 August
On the occasion of its 8th anniversary, SMBC Indonesia presented Daya Fest SMBC Indonesia held an Extraordinary
Jenius from SMBC Indonesia presents 2024 with the theme “Empowerment for General Meeting of Shareholders (EGMS),
the Hoki Go Lucky program as a form the State” on August 27, 2024, at Menara which officially approved the change of
of appreciation to Teman Jenius/Jenius BTPN, Jakarta, as part of the Bank’s the Company’s name from PT Bank BTPN
Friends. A series of Unthinkable offers. The commitment to positively empowering Tbk to PT Bank SMBC Indonesia Tbk. The
Hoki Go Lucky program took place from Indonesians through the micro, small, and EGMS also approved the appointment
August 11-18, 2024, at favorite outlets, such medium enterprise (MSME) sector. of Marita Alisjahbana as Bank BTPN’s
as Yoshinoya, Kopi Kenangan, m-Tix, XXI, Independent Commissioner to strengthen
Gojek, Grab, and Urban Republic. Daya Fest 2024 comes with a series of the supervision of the Company’s risk
activities in line with the 4 (four) main pillars management and governance practices.
Selected Jenius Friends can also get ‘extra of Daya, namely personal capacity building,
hockey’ offers in the form of additional cash financial literacy, business capacity building,
change at these outlets that Jenius sends and sustainable living. In addition, there is
through in-app notifications and emails. an Empowerment Festival that allows MSME
In addition, there are also Hoki Go Lucky partners to learn from experts in the field of
programs in Jenius features such as Foreign entrepreneurship, namely Ernest Prakasa
Currency, QRIS Scan from the Jenius app, (director), Fellexandro Ruby (content
Flexi Rasa Maxi, Flexi Cash, Jenius Credit creator), Agnes Sukenty Niken (Founder
Card, Mutual Funds, and Bills, which can of Ing Pawon herbal drink manufacturer),
still be enjoyed by new users until August and Melvi Tampubolon (Partner and Chief
31, 2024. Operating Officer of Tobatenun).
26 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 29
Main Highlights
04 September 26 September 02 October
SMBC Indonesia commemorated National Jenius from SMBC Indonesia collaborated The Bank officially changed its name and
Customer Day 2024 by reaffirming the with OneShildt to hold a financial class brand to SMBC Indonesia after obtaining
Bank’s commitment to supporting its retired titled “Children’s Education Fund Ready, approval from OJK, a change that combines
customers to achieve more meaningful Mom Happy.” This financial class session global expertise and local excellence.
growth in life. In line with National Customer was held on September 7, 2024, as a form
Day 2024, the Bank held a Retirement Week of Jenius’ support during the Single Moms This name change marks an important
at its Cililitan Branch Office, Jakarta, on Indonesia 10th Anniversary at the Ministry milestone for SMBC Indonesia in serving
September 4. of Education, Culture, Research, and customers for decades. Through the
Technology Building, Jakarta. spirit of #BersamaLebihBermakna,
During the event, the Bank invited its this transformation strengthens SMBC
partners, PT TASPEN (Persero) and PT The activity aims to increase financial Indonesia’s commitment to always innovate
ASABRI (Persero) to jointly strengthen literacy and education for single mothers, to provide trusted financial and holistic
relationships with retired customers and including preparing children’s education solutions.
continue to support their welfare. On that funds.
occasion, customers can also get free health
services that include basic check-ups and
media consultations by doctors from the
Indonesian Doctors Association (IDI).
09 October 18 October 30 October
SMBC Indonesia cooperates with BNI Asset SMBC Indonesia cooperated with SMBC Indonesia recorded a 24% year-
Management (BNI-AM), which is marked by PT Asuransi Allianz Life Syariah Indonesia on-year (yoy) increase in operating income
the sale of mutual funds through the SMBC (Allianz Syariah) to fulfill people’s need for (consolidated) to Rp12.97 trillion in January-
Indonesia network as a Mutual Fund Selling sharia-based protection. This commitment September 2024. The growth was driven
Agent (APERD) to expand the distribution is indicated by the launch of a traditional by net interest income, which increased
network of BNI-AM Mutual Fund products, sharia life insurance product, Guardia 22% yoy to Rp10.98 trillion, an increase in
especially index mutual funds in Indonesia. RENCANA Syariah, the first sharia insurance interest income from loans, income from
product specially designed by Allianz the placement of liquid assets, such as
Through this collaboration, BNI-AM added Syariah for SMBC Indonesia customers to securities, as well as net interest income
9 (nine) mutual funds to the Jenius product ensure customers’ sustainable welfare in the from the OTO Group.
line, namely 1 (one) money market mutual event of life risks.
fund (BNI-AM Dana Likuid), 2 (two) fixed SMBC Indonesia’s assets also increased
income mutual funds (BNI-AM Teakwood by 17% yoy to Rp228.6 trillion at the end
and BNI-AM Ardhani Syariah Fixed Income), of September 2024. SMBC Indonesia also
and 6 (six) index mutual funds (BNI-AM posted loan disbursements that increased
Index IDX30 or BNI30, BNI-AM IDX Growth 16% yoy to Rp175.1 trillion, with the
30, BNI-AM SRI-KEHATI Class R1, BNI- majority of the growth coming from OTO
AM IDX-PEFINDO Prime Bank Class R1, Group loans.
BNI-AM PEFINDO i-Grade Class R1, and
BNI-AM IDX High Dividend 20).
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 27
Page 30
Main Highlights
2024 Event Highlights
03 December 05 December
SMBC Indonesia officially introduced its To celebrate the moment of Bank BTPN’s
new name to the public through a press transformation into SMBC Indonesia, Jenius
conference held at Fairmont Hotel, Jakarta. from SMBC Indonesia presents a series of
SMBC Indonesia’s President Director interesting activities, from the introduction
Henoch Munandar, SMBC’s President and of a new look at the Jenius booth and
CEO Akihiro Fukutome, and SMBC’s Senior the design of the Jenius Main Debit Card
Managing Executive Officer, Co-Head of (m-Card) to the Funds with Benefits program
Global Banking Unit Yoshihiro Hyakutome, and a travel exhibition event to Japan
attended as guest speakers. packaged through Jenius Carter Pesawat -
Japan Edition.
By combining SMBC’s global expertise
and extensive network with local
excellence, SMBC Indonesia is committed
to building robust collaborations, driving
national economic growth, and providing
comprehensive and innovative financial
solutions aligned with the various needs of
customers from all segments.
10 December 19 December
SMBC Indonesia, through its Daya program, affirmed the Bank’s commitment to SMBC Indonesia signed a US$10 million
environmental conservation by holding a charity run titled Berlari untuk Bumi/Run for the loan facility agreement with PT Surya Utama
Earth. The event involved around 1,500 SMBC Indonesia employees in 7 (seven) cities, Nuansa, one of Indonesia’s largest solar
namely Jakarta, Bandung, Semarang, Yogyakarta, Surabaya, Medan, and Makassar. The energy project developers, to support the
event was also part of SMBC Indonesia’s efforts to support Indonesia’s net zero emission development of solar energy projects in
target. Indonesia.
Participants covered a total running distance of up to 5,245 kilometers, equivalent to from
Sabang to Merauke. For every 3.5 kilometers passed by the runners, SMBC Indonesia and
Bakti Lingkungan Djarum Foundation (BLDF) provided one mango tree seedling to be planted
through the #OneActionOneTree movement. Thus, the running distance is equivalent to 1,500
mango tree seedlings planted in the Patiayam hills area, Kudus Regency, Central Java. The
symbolic planting ceremony was held on November 28, 2024, and was attended by several
members of SMBC Indonesia’s Board of Directors.
28 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 31
Main Highlights Awards and Certifications AWARDS PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 29
Page 32
Main Highlights
Awards and Certifications
Award
Type of
No. Institution of Date Additional Information
Award Name Category Awards
Provider
1. 7th Infobank 1. The Best Digital Bank in Infobank February 1, Trophy This award is an appreciation to
Satisfaction, Satisfaction Index 2024 banks that have provided the best
Loyalty, and 2. The Most Satisfying Digital service in maintaining customer
Engagement Bank in Mobile Banking trust, emotional attachment,
2024 3. The 2nd Strongest and loyalty. The assessment is
Customer Engagement determined from the results of
Digital Bank surveys and data studies conducted
4. The 2nd Most Satisfying by Marketing Research Indonesia
Digital Bank in Services (MRI).
5. Top 3rd Rank Digital Bank
in Satisfaction, Loyalty, &
Engagement 2024
6. The 3rd Best Digital Bank
in Brand Interactivity
7. The 3rd Best Digital Bank
in Customer Loyalty
8. The 3rd Best Digital Bank
in Marketing Engagement
2. The Asset Triple Sustainable Finance Awards The Asset February 2, NA The award was obtained due to
A Awards 2024: 2024 SMBC Indonesia's collaboration
1. Best Issuer for Sustainable with the International Finance
Finance in Indonesia Corporation (IFC) in a US$500
2. Best Sustainability Bond in million investment consisting of the
Indonesia issuance of social bonds and green
bonds in 2023.
3. 13th Infobank 1. The 3rd Best Conventional Infobank April 1, Plaque The award is given based on the
Digital Brand Commercial Bank 2024 2024 results of public assessments and
Awards - KBMI 3 (Tier 1 Capital feedback from social media users
above Rp14 trillion to on the bank's digital-based banking
Rp70 trillion) - Assets products and services.
Rp150 trillion to <Rp200
trillion
2. The 2nd Best Debit Card
Conventional Commercial
Bank 2024 - KBMI 3 (Tier 1
Capital above Rp14 trillion
to Rp70 trillion) - Assets
Rp150 trillion to <Rp200
trillion
3. The Best Bank with Digital
Services - KBMI 3 (Tier 1
Capital above Rp14 trillion
to Rp70 trillion) - Assets of
Rp150 trillion to <Rp200
trillion
4. The 2nd Best Overall Bank
with Digital Services 2024
4. 500 Most • Compliance Director Dini Infobank April 4, NA The Forum 500 Most Outstanding
Outstanding Herdini (96) 2024 Women 2024 is a group of female
Women 2024 • Director of Finance leaders selected by Infobank
Hanna Tantani (176) who are considered influential
• Director of Operations in their industry or environment.
Merisa Darwis (308) The women leaders featured are
leaders of companies from the
financial services industry, namely
banking, life insurance, general
insurance, multi-finance companies,
securities, financial technology
companies, and additionally
State-Owned Enterprises (BUMN)
companies, at the level of directors
and commissioners. Several
criteria in determining these
leaders are based on performance,
consideration of position,
experience, stature, term of office,
contribution to the Company and
industry, as well as consideration of
the Infobank Editorial Board.
30 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 33
Main Highlights
Award
Type of
No. Institution of Date Additional Information
Award Name Category Awards
Provider
5. Bank Service • Jenius from Bank BTPN Infobank May 6, NA The survey involved 20 commercial
Excellence received: 2024 banks, 11 regional development
Monitor 2024 • 3rd place in the best banks, 12 sharia banks (six sharia
performance category of commercial banks and six sharia
mobile banking with digital business units), and 10 digital
services in 2023-2024 banks that are considered to
• 3rd place in the best have the best service quality so
performance category as to provide a satisfying banking
of bank call center with experience to customers. The study
digital services in 2023- began with desk research and
2024 continued with various qualitative
• Ranked 3rd in the best and quantitative research, such as
performance category of in-depth interviews, focus group
bank chatbot with digital discussions, and online surveys. In
services in 2023-2024 addition, usability testing involving
• 2nd place in the best various consumer segments to
performance category of understand the user experience of
bank email services with digital banking products is one of
digital services in 2023- the customers' considerations in
2024 determining their choice of bank.
• 2nd place in the best
performance category of
bank live chat with digital
services in 2023-2024
• 2nd in the best performance
category for bank website
with digital services in
2023-2024
• 2nd place in the best
performance category
for bank account
opening through mobile
application/mobile browser
with digital services in
2023-2024
• 4th place in the best
performance category for
bank social media with
digital services in 2023-
2024
6. HR Asia Awards HR Asia Best Companies to HR Asia May 31, Trophy and This award honors companies
2024 Work for in Asia 2024 2024 certificate in Asia that have the best
performance in human resources,
reflected in high levels of employee
engagement and a superior work
culture. This year, SMBC Indonesia
received the “HR Asia Best
Companies to Work for in Asia”
award for the fourth time.
7. Bisnis Indonesia Category: Gold Champion Bisnis June 27, Plaque This award is a form of appreciation
Corporate Topic: “Digital Community Indonesia 2024 to companies that have the best
Social Empowerment with Daya.id” Corporate Social Responsibility
Responsibility (CSR) programs and have a broad
Award 2024 impact on society.
8. PT ASABRI Top Performer Partner PT ASABRI June 27, Plaque This award is a form of appreciation
(Persero) (Persero) 2024 to ASABRI's payment partners
Payment for their cooperation and good
Partner Award performance throughout 2023.
Bank BTPN received an award in
the Top Performer Partner category,
which is the partner with the best
performance in all categories,
including payment timeliness, digital
innovation, data, and reporting.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 31
Page 34
Main Highlights
Awards and Certifications
Award
Type of
No. Institution of Date Additional Information
Award Name Category Awards
Provider
9. HR Excellence 'Very Good' predicate for the SWA Media July 24, Plaque and The award aims to assess
Award 2024 following categories: Group 2024 certificate human resource management
1. HR Digitization & People and the processes and practices in various
Analytics Management organizations. This achievement
2. Employer Branding and Institute of was achieved due to the
Talent Acquisition the Faculty of implementation of employee value
3. Wellbeing Management Economics propositions in employer branding
& Business, activities that increased public
Universitas awareness of Bank BTPN as an
Indonesia employer of choice. In addition,
(LM-FEBUI) Bank BTPN also implemented
employee well-being strategies
through the BTPN Club and
employee assistance programs
with the support of human resource
technology through the employee
life cycle through various activities.
10. Corporate Fourth position in the National Marketing August 1, NA The award is given to companies
Image Award Bank category (Assets Rp150- (August 2024 with the best corporate image
2024 Rp500 trillion) 2024 issue in their industry based on an
of Marketing independent survey conducted
Magazine) & by Frontier. The corporate image
Frontier measurement is based on an index
of five measurement attributes
that represent four dimensions,
namely Quality, Performance,
Responsibility, and Attractiveness.
11. 29th Infobank Category: Infobank August 29, Plaque and This award event was held as a
Award 2024 Diamond Trofi 2024 certificate form of appreciation to 32 banks
The Excellent Performance in Indonesia that were considered
Bank in 20 Consecutive Years successful in achieving the “Very
2004-2023 Good” performance predicate in the
“Rating 105 Bank Version Infobank
2024.”
12. Fortune Ranked 56 out of 100 Fortune September NA The ranking is based on the total
Indonesia 100 Indonesia 6, 2024 revenue achieved by companies.
In addition, the companies on the
list are also considered leaders in
their industries and contribute to
the development of the Indonesian
economy.
13. Top Digital 1. BTPN Bank: Fifth place Marketing October 2, NA The assessment is based on an
Company in the KBMI 3 Banking Magazine 2024 independent survey conducted
Award 2024 Financial Institution among 2,100 respondents in
category Indonesia. The assessment
2. Oto Multiartha: Sixth parameter is defined as Digital
place in the four-wheeler Company Index (DCI). All
financing company nominees were assessed with
category three indicators, namely: product
3. Summit Oto Finance: Fifth awareness, customer touchpoints,
place in the two-wheeler and process quality.
financing company
category
14. Indonesia Indonesia Most Powerful HerStory October 2, NA The award is a form of appreciation
Most Powerful Women 2024 in Optimizing 2024 to companies that have created
Women Awards Financing Segment an inclusive culture and gender
2024 Performance and Funding equality by supporting women to be
Resources Diversification able to develop and be creative in
Category: the work environment.
Conventional Bank The research method in determining
the winners is based on innovation,
proactivity, and creativity, as well as
character image.
The award was given to Hanna
Tantani, Director of Finance.
32 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 35
Main Highlights
Award
Type of
No. Institution of Date Additional Information
Award Name Category Awards
Provider
15. Annual Report Non-SOE and Non-SOE National October 7, Trophy and The Annual Report Award 2023
Award 2023 Financial Companies Committee of 2024 certificate aims to encourage transparency
Governance in the disclosure of corporate
Policy governance and sustainability
practices integrated in a company's
annual report, thereby assisting
shareholders and stakeholders
to understand the Company's
strategic objectives and its progress
in creating sustainable value. SMBC
Indonesia was recognized for the
quality and transparency of its 2023
annual report and sustainability
report.
16. Top 20 Financial Category of Banks with assets The Finance October 9, NA The award is presented to
Institutions of Rp100 Trillion to below 2024 companies in the financial
2024 Rp500 Trillion with Very Good industry (banking, life and general
predicate insurance, reinsurance, and
finance companies) that managed
to maintain stable financial
performance and positive growth
in 3 (three) years or the last three
periods.
17. Mitra BUMN Category of Creditor/Investor Kementerian October Trophy This award is a form of appreciation
Champion 2024 of Large Private Business BUMN 10, 2024 to partners both creditors/investors,
Classes Ministry of vendors, and customers who
SOE have contributed in supporting
the performance of the Ministry of
SOEs. In addition, this award is also
organized to increase healthy and
inclusive competitiveness.
18. Global Rating: Great Practice Taiwan October Trophy This award is a form of appreciation
Corporate Category: Best Practice Award Institute for 30, 2024 to companies, organizations,
Sustainability Sustainable and individuals for their efforts
Awards (GCSA) Energy in implementing sustainability
2024 (TAISE) principles in running their business
operations. SMBC Indonesia
received this award for its
community empowerment program
through Daya.id platform that
shows the Bank's commitment to
sustainability, financial inclusion,
and community empowerment.
19. Asia Platinum Rating National November Trophy This award is a form of appreciation
Sustainability Center for 21, 2024 for companies' transparency and
Reporting Corporate accountability in sustainability
Rating Reporting efforts and reporting through the
(ASRRAT) 2024 (NCCR) application of environmental,
social, and governance principles
in carrying out their business
operations. This is the fourth year
SMBC Indonesia received the
highest ranking consecutively in
its five years of participation in the
event.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 33
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Main Highlights
Awards and Certifications
Award
Type of
No. Institution of Date Additional Information
Award Name Category Awards
Provider
20. Infobank Top Henoch Munandar as one of Infobank November Plaque This award is an appreciation of
100 CEO & the Bankers of the Year & Top 29, 2024 the dedication and contribution of
The 200 Future 100 CEOs leaders from the banking industry,
Leaders 2024 life insurance, general insurance,
finance companies (multi-finance),
State-Owned Enterprises (BUMN),
and financial sector supporters
who are considered to have
provided outstanding results for the
companies they lead.
21. Investing on Best Literacy for Climate Editor’s December Certificate This award is a form of
Climate by Resilance Choice 4, 2024 of Merit appreciation for companies that
Editor’s Choice have contributed significantly to
Award 2024 advancing investments that support
environmental sustainability. SMBC
Indonesia received this award for
its dedication to increasing public
understanding of the steps to
deal with the impacts of climate
change to provide positive changes
for environmental and economic
sustainability.
34 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Main Highlights
CERTIFICATIONS
No. Name of Certification Time Presented Validity Period Certifying Party
1. SNI ISO 9001:2015 Certification January, 2022 January, 2025 TUV Rheinland
PT Bank BTPN Tbk. Operation
Transaction Center
2. ISO 9001:2015 Certification October, 2022 October, 2025 SGS United Kingdom Ltd
PT Bank BTPN Tbk - Corporate
Procurement
3. ISO/IEC 27001:2013 Certification July, 2023 October, 2025 BSI British Standards
PT Bank BTPN Tbk Retail Account Institution
Services (Jenius System)
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 35
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2024 ANNUAL REPORT
Page 39
02
Management
Report
39 Board of Commissioners’ Report
46 The Board of Commissioners
49 Board of Directors’ Report
58 The Board of Directors
60 Board of Management
62 Executive Officers
64 Statement Letter of The Board of Commissioners
and Board of Directors Regarding Responsibility
for The 2024 Annual Report
of PT Bank SMBC Indonesia Tbk
Throughout 2024, the Board of Directors has
formulated and realized the right strategy,
thus providing positive results for the Bank’s
performance.
2024 ANNUAL REPORT
Page 40
Management Report
Chow Ying Hoong
President Commissioner
38 2024
LAPORAN
ANNUAL
TAHUNAN 2024
REPORT PT BANK SMBC INDONESIA TBK
Page 41
Management Report
Board
of Commissioners’
Report
In the midst of external conditions that are still full of
challenges, the Board of Commissioners views that
overall, the Board of Directors has succeeded in creating
solid bank performance, managing the Bank excellently,
and realizing inorganic growth as part of the business
expansion strategy.
Dear shareholders
and stakeholders,
This report is part of the responsibility of the Board of General Election in the US had risked increasing the
Commissioners in carrying out the supervisory function fragmentation of world trade and investment, reducing
and providing advice to the Board of Directors regarding world economic growth, and then further increasing the
the implementation of business activities of PT Bank uncertainty of global financial markets.
SMBC Indonesia Tbk (“SMBC Indonesia” or “Bank”).
The Board of Commissioners believed that the Board of
Directors had managed the Bank exceptionally well in Geopolitical and global economic developments had a
2024, despite that the external conditions were still full significant impact on the dynamics of monetary policy
of challenges. of central banks and international financial markets.
The decline in global inflation had prompted a number
In 2024, rapid changes affected the dynamics of of central banks, including the US Central Bank, the
the global economy, accompanied by a high level of Fed, to lower the Federal Funds Rate (FFR) three times
uncertainty which posed challenges to the Indonesian throughout 2024 from a range of 5.25-5.50% to 4.25-
economy. Global political tensions, which were 4.50%. However, the US election results and continued
still high in early 2024 due to the ongoing Russia- geopolitical tensions in the Middle East had a negative
Ukraine conflict, increased after Israel’s attack on impact on financial markets and had changed the
Palestine. Towards the end of 2024, the re-election monetary policies of central banks. The reduction in
of President Trump in the United States (US) with FFR and other central bank interest rates was expected
the America First policy further increased global to be smaller than previously forecasted. As a result,
uncertainty because it had the potential to change the the US dollar exchange rate had strengthened sharply
geopolitical and economic landscape of the world. again, while the US Treasury yield, which had previously
Various developments related to the results of the decreased, had increased again. These developments
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 39
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Management Report
Board of Commissioners’ Report
had triggered a resurgence in the risk premium of BOARD OF DIRECTORS’
developing country bonds and global financial market PERFORMANCE ASSESSMENT AND
volatility, which in turn had an impact on the reversal BASIS FOR THE ASSESSMENT
of foreign portfolio flows and caused the weakening of
developing country currencies. The Board of Commissioners supervised and assessed
the performance of the Board of Directors by referring
Amid the high global uncertainty, Indonesia’s economic to the Bank’s Business Plan and its Revisions that had
recovery continued and managed to record growth been prepared by the Board of Directors and approved
of 5.03% in 2024. Growth was mainly supported by by the Board of Commissioners and submitted to the
domestic demand in line with increasing household Financial Services Authority (OJK).
consumption and good investment, as well as price
stability that was supported by the consistency of Bank Considering the external conditions and the basis for
Indonesia’s monetary policy and close coordination with the assessment that was used as the reference, the
Government policies. Board of Commissioners viewed that overall, the Board
of Directors had succeeded in making SMBC Indonesia
In September 2024, Bank Indonesia decided to lower achieve good performance amidst the challenges of
the BI-Rate by 25 bps to 6.00%, then to 5.75% in economic dynamics in 2024.
January 2025 with the Deposit Facility interest rate to
5.00%, and the Lending Facility interest rate to 6.50%. In March 2024, SMBC Indonesia completed the
acquisition of PT Oto Multiartha (OTO) and PT Summit
The stability of the financial system was well Oto Finance (SOF) or the OTO Group, as part of the
maintained, supported by strong capital and low risk of company’s strategy to expand its business.
non-performing loans. Banking capital remained strong,
as reflected in the Capital Adequacy Ratio (CAR) in On a consolidated basis, SMBC Indonesia’s total assets
December 2024 of 26.69%, which was able to absorb increased by 20% to Rp241.1 trillion by the end of 2024.
risk while supporting credit growth. Credit risk also
remained under control, as reflected in the low non- The Bank recorded an increase in operating income
performing loan ratio (NPL) of 2.08% (gross). Banking (consolidated) of 27% yoy to Rp17.4 trillion in 2024,
liquidity was also loose in line with Bank Indonesia’s contributed by net interest income which grew 26% to
policy where in December 2024, the banking AL/DPK Rp15.2 trillion and other income which increased 31%
ratio and LDR were recorded at 25.59% and 88.57%, to Rp2.2 trillion.
respectively. Loose banking liquidity conditions
encouraged strong credit growth in line with the Consolidated net interest income increased in line with
high interest of banks to channel credit and liquidity the net interest margin (NIM) which increased to 7.10%
incentives through the Macroprudential Liquidity as of December 2024 from 6.45% in December 2023.
Incentive Policy (KLM) from Bank Indonesia. Credit The main contributors to the increase in net interest
growth in December 2024 was recorded at 10.4% (yoy), income included an increase in interest income from
while Third Party Funds (TPF) were recorded to grow by loans, placement of liquid assets such as securities, and
4.5% (yoy). net interest income from the OTO Group.
In addition, in terms of other income/fees, the increase
in credit card transaction volume, increased sales of
bancassurance, cash management, and trade products
contributed to the increase in the Company’s fee
income.
40 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
With the consolidation of OTO Group’s operating costs 4. Market Risk Awareness
since the acquisition, operating costs had reached The Board of Commissioners considered market
Rp9.4 trillion. Credit costs reached Rp3.9 trillion in 2024. risks, such as macroeconomic conditions and
The increase in these costs was in line with the growth competition in the vehicle financing sector.
of business volume and other initiatives of SMBC Therefore, the Board of Commissioners would
Indonesia. monitor the impact of the acquisition on SMBC
Indonesia’s financial health, including liquidity and
In 2024, on a consolidated basis, SMBC Indonesia profitability.
managed to achieve a net profit attributable to owners
of the parent entity of Rp2.81 trillion, up 19% year-on- 5. Evaluation of Post-Acquisition Performance
year (yoy) compared to the previous year. After the acquisition, the Board of Commissioners
periodically reviewed the performance of the
integrated business to ensure that the expected
SMBC INDONESIA EXPANSION strategic objectives were achieved according to
plan.
The SMBC Indonesia Board of Commissioners, which
was in charge of overseeing the company’s operational In performing its supervisory duties, the Board of
activities, was expected to take a strategic stance on Commissioners was committed to maintain objective
the acquisition of OTO and SOF. Some perspectives and make sure that this acquisition provided added
that might emerge were: value for the Bank and all stakeholders.
1. Support for Growth Strategy
The Board of Commissioners supported this
acquisition as a strategic step to expand the BOARD OF COMMISSIONERS’
business and increase SMBC Indonesia’s SUPERVISION OF STRATEGY
competitiveness. By expanding the business FORMULATION AND IMPLEMENTATION
portfolio to the motor vehicle financing sector, the
Bank could be more diverse and stable in the long The Board of Commissioners’ supervision of the
term. management of SMBC Indonesia by the Board of
Directors was carried out from the formulation process
2. Attention to Governance and Risk to the implementation of the strategy. These activities
In carrying out its supervisory function, the Board were monitored through the Bank’s Business Plan
of Commissioners ensured that this acquisition realization indicators and the Business Plan Supervision
process was carried out in accordance with the Report.
principles of good corporate governance (GCG).
This included a comprehensive risk analysis related In carrying out the supervisory function and providing
to business integration, financial impacts, and advice to the Board of Directors, the Board of
potential legal obstacles. Commissioners and the Board of Directors held
joint meetings on a regular or ad hoc basis. In the
3. Expectations for Synergy and Operational joint meeting, the Board of Commissioners provided
Efficiency recommendations to the Board of Directors, all of which
The Board of Commissioners had high expectations had been followed up in 2024.
for the achievement of synergy between SMBC
Indonesia and the OTO Group. The Board of The Board of Commissioners believed that the Board
Commissioners would continue to monitor whether of Directors had developed appropriate strategies and
this acquisition resulted in operational efficiency, implemented them well throughout 2024. The Bank’s
improved services, and provided benefits to good financial year performance was inextricably linked
stakeholders, including customers and employees. to the Board of Directors’ formulation of strategies
and their implementation. Accordingly, the Board of
Commissioners appreciated not only the outcomes
but also the Board of Directors’ efforts, since the
formulation and implementation of the strategy were
realized in collaboration with the organizations below it.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 41
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Management Report
Board of Commissioners’ Report
FREQUENCY AND METHOD OF Recognizing that in 2025 there would still be high global
PROVISION OF ADVICE uncertainty, the Board of Commissioners advised
the Board of Directors to always be alert and agile in
In addition to supervising, the Board of Commissioners observing external developments related to economic
regularly monitored and provided advices to the conditions, the financial and banking industries,
Board of Directors. This was accomplished by making including government policies in order to anticipate
recommendations, which were delivered either directly challenges and opportunities that may arise in 2025.
in Board of Commissioners meetings with the Board
of Directors or through committees under the Board of Therefore, the Board of Commissioners believed that
Commissioners. the business prospects prepared by the Board of
Directors were adequate. The Board of Commissioners
Throughout 2024, the Board of Commissioners and the would provide full support to ensure that the targets set
Board of Directors had held 7 (seven) joint meetings. could be met.
These meetings discussed a variety of agendas and
included input from the Board of Commissioners to be
carried out by the Board of Directors. The provision of IMPLEMENTATION OF CORPORATE
advice by the Board of Commissioners to the Board GOVERNANCE
of Directors could also be made outside of meetings.
The Board of Commissioners received input from In 2024, SMBC Indonesia had demonstrated a strong
committees, which served as support for the Board of commitment to implementing the principles of Good
Commissioners’ duties and functions, and the results Corporate Governance (GCG). This was reflected
were presented to the Board of Directors in the form of in various initiatives that emphasized transparency,
recommendations. accountability, and sustainability in banking operations.
The Board of Commissioners viewed that this
VIEW ON THE BUSINESS PROSPECTS commitment was very important, considering that GCG
PREPARED BY THE BOARD OF was a solid foundation in maintaining the sustainability
DIRECTORS of SMBC Indonesia’s business. Banking is a business
within the financial services sector that relies on
The Board of Commissioners believed that in stakeholder trust as the foundation of its operations.
determining business prospects (such as potential
credit growth, funding, and increased company profits), SMBC Indonesia consistently presented informative
corporate action plans and business targets should and comprehensive annual reports, reflecting a deep
be considered concurrently. In this regard, the Board understanding and commitment to the principles
of Commissioners assessed the Board of Directors’ of good corporate governance. In 2024, the Bank
understanding and consideration of internal and emphasized dedication to managing social and
external environmental conditions, as well as the impact environmental aspects, ensuring that each initiative was
of environmental changes on business, products, and relevant to the needs of the community, and supporting
technology. sustainable growth for various customer segments,
including retail, corporate, MSMEs, and retirees.
Even in the business prospects prepared, the Board
of Directors conducted a strengths, weaknesses, SMBC Indonesia had even internalized sustainability
opportunities, and threats (SWOT) analysis pertaining aspects in its business and operational strategies.
to the competitive position. Similarly, the Bank’s These initiatives include relevant innovations and
business position in the banking industry, financial programs aimed at creating a more meaningful life for
performance, organizational structure, infrastructure, stakeholders.
managerial capabilities, human resource availability,
and analysis of all strategic alternatives were assessed
while considering the Bank’s strategic objectives, risk
tolerance, and long-term objectives.
42 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
Given the significance of putting GCG principles into - Recognition of GCG Practices
practice, the Board of Commissioners participated The ARA 2023 Award was clear evidence of SMBC
in both the process and the implementation of Indonesia’s dedication to improving the quality
such governance in addition to regularly monitoring and transparency of the annual report as a form
its application. SMBC Indonesia conducted a of responsibility to stakeholders and customers.
comprehensive evaluation of GCG implementation on a This was in line with the Bank’s efforts to continue
semi-annual and annual basis. to uphold sustainable values through relevant
innovations and initiatives.
In the 2024 financial year, The Bank conducted an self
assessment of the implementation of GCG where in the - IICD Award
first semester (as of June 30, 2024) the Bank received The Bank had successfully received an award from
a rating of 2 (Good) and in the second semester (as of the Indonesia Institute for Corporate Directorship
December 31, 2024) the Bank increased to a rating of 1 (IICD) as one of the top 50 companies with large
(very good). asset capitalization and an award in the best
financial sector category.
SMBC Indonesia’s GCG assessment was also carried
out by an independent party referring to international The achievement of these awards reflected SMBC
standards, namely the ASEAN Corporate Governance Indonesia’s success in implementing GCG effectively
Scorecard (ACGS). In 2024, SMBC Indonesia’s overall throughout 2024. With a focus on transparency,
score for GCG practices implemented in 2023 was accountability, and sustainability, SMBC Indonesia had
108.22 points. succeeded in building trust and a solid reputation in the
Indonesian banking industry.
Based on this score, the performance of SMBC
Indonesia compliance level fell under the predicate
of “Leadership in Corporate Governance” or Level IMPLEMENTATION OF THE
5 (greater than 100). This score indicated that WHISTLEBLOWING SYSTEM
GCG practices at SMBC Indonesia exceeded the
requirements of Level 1 (ACGS Structure). Achieving As part of the implementation of GCG, SMBC
this assessment meant that SMBC Indonesia’s Indonesia has a whistleblowing channel as a means of
implementation of GCG principles met all international reporting indications of fraud or fraudulent actions that
requirements in accordance with the standards set by occur within the Bank. For each report received, the
ACGS. Operational & Fraud Risk Management (OFRM) Work
Unit will always follow up on the report, maintaining the
Another achievement of GCG implementation was confidentiality of the whistleblower’s identity.
appreciation from third parties, specifically in the form of
awards. Among them: The Bank periodically reminded every employee
- Annual Report Award (ARA) 2023 to report through the whistleblowing channel for
On October 7, 2024, SMBC Indonesia won the indications of fraud incidents fraudulent actions. In
first-place award for the category of “Non-SOE addition, the Bank had included in the corporate
and Non-ROE Financial Companies” at the ARA website and every cooperation agreement with
2023 event organized by the National Committee third parties (vendors or business partners) on the
for Governance Policy. This award highlighted the whistleblowing channel owned by the Bank.
quality of SMBC Indonesia’s 2023 Annual Report,
which prioritized transparency, strong governance
practices, and a commitment to sustainability.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 43
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Management Report
Board of Commissioners’ Report
OFRM continuously provided reports to the Audit charters for each committee. This is significant because
Committee and the Risk Monitoring Committee, the recommendations submitted in the meeting are then
which were part of the Board of Commissioners for used as input for the Board of Commissioners to carry
every fraud or fraudulent action that occurred within out its supervisory function.
SMBC Indonesia, including those reported through
the whistleblowing channel managed by OFRM. In In addition, the assessment of the committee also
2024, there were no reports of fraudulent acts or fraud considers the results of the recommendations.
incidents related to the bank’s financial and accounting This shows the competence of the committee. In
reports. implementing the assessment parameters in 2024, the
committee had also visited branch offices to ensure the
implementation of SMBC Indonesia’s accountability and
ASSESSMENT OF COMMITTEES UNDER governance compliance.
THE BOARD OF COMMISSIONERS
In accordance with a number of parameters, the Board
Until the end of the 2024 financial year, SMBC of Commissioners believed that the committees that
Indonesia’s Board of Commissioners had 4 (four) serve as organs of the Board of Commissioners had
committees: the Audit Committee, the Remuneration & performed their duties well. These committees had
Nomination Committee, the Risk Monitoring Committee, given the Board of Commissioners their full support in
and the Integrated Governance Committee. The carrying out its duties and functions.
Integrated Governance Committee was formed in
August 2024 to replace the Governance Committee and
to comply with OJK regulation No. 18/POJK.03/2014, CHANGES IN THE COMPOSITION OF
dated November 19, 2014, regarding the THE BOARD OF COMMISSIONERS AND
Implementation of Integrated Governance for Financial THE REASONS
Conglomerates.
In 2024, there was 1 (one) change in the composition of
All committees are responsible for conducting reviews the Board of Commissioners through the Extraordinary
and supervision based on the duties and responsibilities General Meeting of Shareholders (GMS) held on August
that have been set out in the charters of each 29, 2024, with the appointment of Marita Alisjahbana
committee. as Independent Commissioner of SMBC Indonesia. The
reason for this change was to increase the composition
Annually, the Board of Commissioners assesses the of Independent Commissioners at SMBC Indonesia.
performance of these committees. The parameters or
criteria and procedures used in the self-assessment Therefore, the composition of the Board of
include, among others, attendance at meetings and Commissioners until the end of the 2024 financial year
implementation of work activities in accordance with the was as follows:
Name Position
Chow Ying Hoong President Commissioner
Takeshi Kimoto Commissioner
Ninik Herlani Masli Ridhwan Independent Commissioner
Onny Widjanarko Independent Commissioner
Edmund Tondobala Independent Commissioner
Ongki Wanadjati Dana Commissioner
Marita Alisjahbana Independent Commissioner
44 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
APPRECIATION The Board of Commissioners would also like to express
its appreciation to the regulators for their guidance and
The Board of Commissioners expresses its heartfelt supervision, which ensures that the Bank’s businesses
gratitude to the Board of Directors and all employees are conducted in compliance with established
who have demonstrated strong business performance regulations and industry best practices.
for SMBC Indonesia, despite the challenging external
environment. Our sincere appreciation goes out The Board of Commissioners would also like to express
to the shareholders who have allowed the Board its gratitude to other stakeholders for their ongoing
of Commissioners to become a part of the Bank’s cooperation. With the support of the stakeholders,
business journey. the Management is able to present strong business
performance for the financial year 2024.
Jakarta, 27 March 2025
On behalf of the Board of Commissioners,
Chow Ying Hoong
President Commissioner
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 45
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Management Report
The Board of Commissioners
TAKESHI MARITA EDMUND ONGKI
KIMOTO ALISJAHBANA TONDOBALA WANADJATI DANA
Commissioner Independent Commissioner Independent Commissioner Commissioner
46 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
CHOW YING NINIK HERLANI ONNY
HOONG MASLI RIDHWAN WIDJANARKO
President Commissioner Independent Commissioner Independent Commissioner
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 47
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Management Report
Henoch Munandar
President Director
48 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
Board of Directors’
Report
The Bank recorded positive performance in 2024 by
posting an increase in net profit, loan disbursement, third-
party funds, and assets, demonstrating the fundamental
strength of SMBC Indonesia’s business to continue driving
sustainable growth for the community.
To strengthen the Bank’s position in the domestic market,
the Bank underwent a brand transformation, reflecting
the strong synergy with its parent entity, Sumitomo Mitsui
Banking Corporation (SMBC), which enables the Bank
to develop more innovative and relevant products and
services for customers.
Dear shareholders
and stakeholders,
The 2024 Annual Report of PT Bank SMBC Indonesia economy and trade. The US economy was expected
Tbk (“SMBC Indonesia,” “Bank”) demonstrated to remain strong in 2024 and 2025, accompanied by
the implementation of good corporate governance the risk of economic warming from the swelling fiscal
principles, particularly in terms of transparency. deficit. Meanwhile, economic growth in China and the
The information provided pertained to the Bank’s European Region was expected to continue to slow
performance and management during its financial year, down along with weak domestic demand and the
which could not be separated from external factors. impact of trade tariff policies implemented by the US
Government.
The rapidly changing dynamics of global geopolitics
influenced global economic developments throughout The 2024 Annual Report of PT Bank SMBC Indonesia
2024, and were expected to continue. Although global Tbk (“SMBC Indonesia,” “Bank”) demonstrated
economic conditions showed signs of improvement, the implementation of good corporate governance
with inflation continuing to decline and global trade principles, particularly in terms of transparency.
starting to recover, global economic growth in 2024 The information provided pertained to the Bank’s
was expected to slow to 3.2% from 3.3% in 2023 and performance and management during its financial year,
was projected to remain at 3.2% in 2025. Divergence which could not be separated from external factors.
in growth patterns between countries also continued
along with increasing fragmentation of the global
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 49
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Management Report
Board of Directors’ Report
The rapidly changing dynamics of global geopolitics through the Macroprudential Liquidity Incentive Policy
influenced global economic developments throughout (KLM) from Bank Indonesia which was distributed to
2024, and were expected to continue. Although global priority sectors, namely the downstream mineral and
economic conditions showed signs of improvement, coal (minerba) and food sectors, automotive, trade
with inflation continuing to decline and global trade and electricity, gas and water, tourism and the creative
starting to recover, global economic growth in 2024 economy, as well as MSMEs and green energy.
was expected to slow to 3.2% from 3.3% in 2023 and
was projected to remain at 3.2% in 2025. Divergence In this emerging situation, SMBC Indonesia recorded
in growth patterns between countries also continued good performance achievements in 2024
along with increasing fragmentation of the global
economy and trade. The US economy was expected
to remain strong in 2024 and 2025, accompanied by IMPORTANT CHANGES
the risk of economic warming from the swelling fiscal
deficit. Meanwhile, economic growth in China and the Name Change
European Region was expected to continue to slow In accordance with market dynamics and the
down along with weak domestic demand and the development of SMBC Indonesia’s portfolio, PT BANK
impact of trade tariff policies implemented by the US BTPN Tbk officially changed its name to PT Bank
Government United States. There were concerns that SMBC Indonesia Tbk in 2024. In addition to reflecting
the country’s policies would lead to a slowdown in the the strong synergy with the Bank’s parent company,
interest rate cuts of the United States central bank, Sumitomo Mitsui Banking Corporation (SMBC), the
namely the Federal Reserve (The Fed). change was a strategy to improve the Bank’s standing
in the domestic market. Additionally, the brand
Amidst the dynamics of the global economy, the transformation highlighted how SMBC Indonesia fit into
domestic economy grew moderately, with household a larger business segmentation.
consumption being the main engine of growth and
investment remaining dynamic, driven by public The Bank is able to create more inventive and pertinent
infrastructure projects, among others. The Central products and services for customers as a result of
Statistics Agency (BPS) recorded economic growth in this transformation. SMBC Indonesia is dedicated to
2024 reaching 5.03%. presenting innovative and adaptable financial solutions
that can help customers reach their financial objectives
In terms of financial system resilience, it was also still and enhance their quality of life, even in the future.
well maintained, including in the banking industry.
Banking liquidity remained adequate, as reflected in the In addition to supporting SMBC Indonesia’s long-
ratio of Liquid Assets to Third Party Funds (AL/DPK) in term growth strategy, the Bank hopes that the name
December 2024 which was 25.59%. The capital level change will further strengthen its relationships with
was also solid with a banking capital adequacy ratio shareholders, partners, and customers by fostering
(CAR) of 26.69%. greater synergy with SMBC. The Bank will make
sure that this change adds value for its partners,
Meanwhile, the banking non-performing loan (NPL) ratio shareholders, and customers while keeping lines of
in December 2024 was maintained low, at 2.08% (gross) communication open with all stakeholders involved.
and 0.74% (net). The resilience of banking capital and
liquidity was also supported by the achievement of OTO Group Acquisition
good bank profitability and risk management, as well In 2024, SMBC Indonesia completed the acquisition of
as supported by the ability to pay and maintained 2 (two) financing companies, namely PT Oto Multiartha
corporate profitability, as per the results of the latest (OTO) and PT Summit Oto Finance (SOF), or both
banking stress test. referred to as the OTO Group. This acquisition will
strengthen the synergy between the Bank and OTO
Credit/financing growth in November 2024 remained Group in capturing growth opportunities in the four-
strong, reaching 10.79% (yoy). From the supply side, wheeled and two-wheeled vehicle financing market in
strong credit growth was in line with the high interest Indonesia.
of banks in distributing credit and liquidity incentives
50 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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This corporate action is also an important milestone Although Indonesia’s financial sector remained strong,
for the Bank in providing a more complete business intensive monitoring of developing dynamics was
portfolio in order to serve a wider customer segment. important to overcome vulnerabilities related to interest
This initiative is a strategic step to expand services, rate increases. SMBC Indonesia continued to closely
increase innovation, and strengthen SMBC Indonesia’s monitor the dynamics occurring in the banking industry
position in the motor vehicle financing market in and the economy
Indonesia by incorporating OTO Group into the SMBC
Indonesia ecosystem. Moreover, 2024 was also a political year with the holding
of general elections, which made many businesses take
The important impacts expected from this OTO Group a wait-and-see approach. In addition, the Bank also still
acquisition include: needed to continue to manage businesses that were
1. Diversification of Business Portfolio classified as mature in the retail lending portfolio, which
Enables SMBC Indonesia to reach a larger was part of the transforming business. To maintain
customer segment by broadening its financial business growth in this segment, the Bank continued to
services, particularly in the area of financing two- develop credit to new customers who met the criteria.
and four-wheeled vehicles.
SMBC Indonesia anticipated all of these obstacles and
2. Synergy and Product Innovation challenges, ensuring that the Bank could successfully
Encourage product and service innovation, increase navigate them. The Bank also took advantage of the
relevance, and provide added value to customers. ongoing momentum of strong national economic
growth, which was driven by domestic demand,
3. Network and Customer Base Expansion consumer spending, and investment, as well as strong
By utilizing their respective extensive branch commodity exports. As a risk-mitigation measure, the
networks, OTO Group and SMBC Indonesia Bank continued to use the prudential principle.
can increase market penetration into previously
unreached segments, including communities in Target Market, Strategy and Strategic
remote areas. Policy, and Its Implementation
SMBC Indonesia focuses on serving the retail and
4. Increasing Competitiveness in the Financing mass market segments consisting of retirees, micro,
Market small, and medium enterprises (MSMEs), productive
Strengthen SMBC Indonesia’s position in the motor underprivileged communities, the consuming class
vehicle financing industry in Indonesia, allowing the segment, and the corporate segment. The business
bank to compete more effectively with other players focus is supported by business units: Wealth
in the market. Management Business, Retail Lending, Jenius,
Business Banking, and Corporate Banking, which serve
5. Optimization of Resources and Infrastructure: large national, multinational, commercial, and Japanese
Increases operational efficiency and services to companies.
customers by enabling the optimal use of both
company’s infrastructure and distribution networks. The Bank has several subsidiaries, namely BTPN
Syariah, which focuses on serving customers from
productive underprivileged communities, as well as the
PERFORMANCE ACHIEVEMENTS IN motor vehicle financing company OTO Group. . Through
2024 the Daya Program, a sustainable and measurable mass
market empowerment program, SMBC Indonesia
Obstacles and Challenges Faced regularly provides training and information to increase
In 2024, SMBC Indonesia overcame the challenges of customer capacity, ensuring that they have the
global economic dynamics accompanied by a high level opportunity to grow and get the opportunity to live a
of uncertainty that posed challenges to the Indonesian more meaningful life.
economy.
The ongoing conflicts in many countries had the STRATEGY AND STRATEGIC POLICY
potential to increase pressure on economic growth,
inflation, and energy prices. Higher-than-expected In 2024, the strategies and strategic policies
inflation and poor economic indicators could have led to implemented by SMBC Indonesia to support the
prolonged monetary policy tightening. achievement of business targets include:
1. Expand lending by developing a risk appetite
consistent with the necessary objectives and
across the value chain.
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2. Increase retail customer base and revenue by The established KPIs will be periodically monitored.
enhancing Jenius’ capabilities as a platform The material for the monthly management meeting
and wealth management, optimizing distribution includes the development of KPI achievements in the
channels, cross-business collaboration, and financial sector. The business plan realization report
strategic partnerships with the market ecosystem. outlines monitoring and evaluation on a quarterly basis,
3. Increase Current Account and Saving Account including follow-up or efforts to improve the business
(CASA) and fee based and foreign exchange plan realization.
income by developing customer value propositions,
capabilities, products, and services. This process is also an effort by the Board of
4. Invest in talent and instill a high-performance, trust- Directors to ensure that all established strategies can
based culture. be implemented properly. Therefore, the Board of
5. Implement operational excellence bank-wide by Directors plays a role and is even directly involved in the
implementing digitalization and process excellence. strategy’s development and implementation.
6. Optimize resource utilization and return on assets.
7. Develop optimized value propositions and
collaborations to the level permitted by regulators COMPARISON BETWEEN REALIZATION
with BTPN Syariah, subsidiaries of the OTO group AND TARGET
and SMBC group in Indonesia and SMBC’s global
network. The implementation of appropriate strategic strategies
8. Build operational excellence in information and policies has resulted in good business performance
technology and continue to build digital and cyber of SMBC Indonesia, amidst dynamic external
security capabilities. conditions. In 2024, the Bank successfully recorded an
increase in operating income (consolidation) of 26.9%
The Role of the Board of Directors in annually (year on year/yoy), to Rp17.4 trillion.
Formulating Strategies and Strategic
Policies and Efforts to Ensure Strategy This performance was supported by net interest income
Implementation with an increase of 26.3% (yoy) to Rp15.2 trillion, which
The Board of Directors is in charge of preparing was contributed by an increase in interest income from
the RBB, according to OJK Regulation Number 5/ credit, placement of liquid assets such as securities,
POJK.03/2016 regarding Bank Business Plans. and net interest income from the OTO Group. In
Accordingly, the RBB states that the Board of Directors addition, in terms of other operating income/fees, an
has a direct role in developing SMBC Indonesia’s increase in credit card transaction volume, an increase
strategies and strategic policies. in sales of bancassurance products, cash management,
and trade contributed to the increase in the Company’s
As part of the RBB preparation process, the Board of fee income.
Directors met to discuss business targets and budgets,
as well as risks and the strategy’s alignment with the Consolidated net interest income increased in line with
budget and business targets, as well as the strategy’s the Net Interest Margin (NIM) which increased to 7.10%
suitability for SMBC Indonesia’s risk tolerance. The as of December 2024 from 6.45% in December 2023.
study is being conducted to generate recommendations
and priority strategies while adhering to the prudence With the consolidation of OTO Group’s operating costs
principle and implementing risk management since the acquisition into consolidated figures, operating
comprehensively. costs became Rp9.4 trillion. Credit costs became Rp3.9
trillion in 2024. The increase in these costs is in line with
Following the Board of Commissioners’ approval, the growth in business volume and other initiatives from
the Board of Directors coordinates the RBB’s SMBC Indonesia.
implementation by creating Key Performance Indicators
(KPI). The goal is to assist management in monitoring SMBC Indonesia’s strong commitment is reflected in
the Bank’s performance by using more practical the consolidated credit distribution which increased by
and easy-to-monitor indicators (both qualitative and 14.6% to Rp179.4 trillion as of the end of 2024. The
quantitative).
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biggest driving factor came from retail credit which grew d. Providing loans to new target markets, mass
significantly by 31% thanks to distribution in the Joint MSMEs digitally, through the SME Digital
Finance, Jenius, and Micro segments which increased platform, which was launched in the first
by 389%, 51%, and 40% respectively. In addition, credit quarter of 2022.
for small and medium enterprises (SMEs) increased by e. Providing loans to low-income customers
8%, while on the corporate credit side, the dynamics of who meet the criteria in the RPIM calculation
interest rates and tight competition in corporate credit through a pension portfolio
interest rates are challenges faced in 2024 (corporate
credit decreased by 6%). SMBC Indonesia will respond 2. Financing through Financial Institutions
to these market dynamics by managing a more optimal a. Financing through Bank Perekonomian Rakyat
corporate credit portfolio that is relevant to the needs (BPR) with a loan implementation scheme for
of corporate customers. Meanwhile, amidst the current MSMEs.
challenging situation in the ultra-micro segment, the b. Financing through multi-finance companies
BTPN Syariah subsidiary is focused on maintaining and peer-to-peer through a loan channeling
financing quality and being more selective in distributing scheme.
financing, although credit costs in 2024 are lower than
last year. 3. Financing through Inclusive Financing Securities
(SBPI)
Gross NPL was recorded at 2.50% (include Financing a. SMBC Indonesia will explore the issuance or
Receivable) up from 1.36% in the previous year. purchase of SBPI/bond through the Treasury
Together with the OTO Group, SMBC Indonesia will Departments.
continue to implement healthy risk management.
By carrying out the above initiatives, as of December
Until the end of the 2024 financial year. SMBC Indonesia 2024, the RPIM ratio was recorded at 29.05%.
posted a consolidated net profit after tax attributable
to Owners of the Parent Entity of Rp2.81 trillion, up
19.3% compared to 2023 which was Rp2.36 trillion. BUSINESS PROSPECTS
Meanwhile, compared to the target, the achievement
was 105%. In 2025, the divergence of growth patterns between
countries is expected to continue along with increasing
In terms of fundraising, total Third Party Funds fragmentation of the global economy and trade. The
increased by 12.1% to Rp121.3 trillion, with current United States (US) economy is predicted to remain
account and savings account (CASA) balances growing strong supported by household consumption along with
3.2% to Rp45.6 trillion and total deposits increasing high wages and productivity and improving investment
18.3% to Rp75.7 trillion as of the end of December accompanied by the risk of economic overheating
2024. originating from the swelling fiscal deficit. Meanwhile,
the economies of Europe, China, and Japan are still
weak due to weak domestic demand and declining
COMMITMENT TO MSME external performance in line with the slowing global
DEVELOPMENT economy and the impact of the implementation of
import tariff increases by the US. On the other hand, the
SMBC Indonesia has prepared a strategic plan to meet economic growth prospects of India, Indonesia, and a
the macroprudential inclusive financing ratio (RPIM) for number of Emerging Market Economies are predicted
MSME financing. This refers to 3 (three) pillars, which to remain positive, driven by domestic demand, despite
include: facing the potential for slowing exports due to declining
1. Direct Financing & Supply Chain Financing global economic growth and fragmentation of world
a. Scale up MSME business by improving existing trade. With these developments, world economic
services and product offerings and optimizing growth in 2025 is predicted to be 3.2%.
branch networks.
b. Providing loans to commercial and corporate In addition to the US import tariff policy which is faster
MSME customers who channel loans to MSME and broader than expected, global financial market
supplier/buyer networks. uncertainty remains high and is also influenced by the
c. Financing through supply chain financing, direction of US central bank policy. High US economic
which involves internal collaboration with growth and inflation have an impact on expectations
wholesale banks and Japanese corporations. of a more limited reduction in the Federal Funds Rate
(FFR).
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Bank Indonesia predicts Indonesia’s economic growth Furthermore, the Bank adheres to the most recent
in 2025 in the range of 4.7-5.5%. This prospect is GCG regulations, such as POJK 15 of 2024
influenced by the forecast for increased investment, regarding the integrity of financial reporting. The
especially non-building investment. Meanwhile, regulation emphasizes the importance of support
household consumption needs to be encouraged so for the implementation of governance and internal
that it can further support domestic demand. From control in the bank’s financial reporting process in
external sources, various efforts to strengthen exports order to meet the requirements of accuracy and
need to be continuously improved to mitigate the precision in the preparation of financial information
impact of slowing demand from major trading partner and financial statements with integrity. This process
countries. encompasses the roles of the Bank’s executive officers,
controlling shareholders, Board of Directors, Board of
In January 2025, BI lowered the BI rate to 5.75% Commissioners, and affiliated parties.
and the BI Board of Governors meeting in February
2025 decided to maintain the BI rate. This decision Additionally, OJK issued POJK Number 30 of 2024
is consistent with efforts to keep the 2025 inflation regarding Financial Conglomerates and Financial
forecast under control within the target of 2.5 ± 1%, Conglomerates Holding Company, revoking and
stabilize the Rupiah exchange rate in accordance with invalidating POJK 45/POJK.03/2020. In response to the
fundamentals amidst still high global uncertainty, and acquisition of the OTO Group, the Bank must correct
contribute to economic growth. The Macroprudential the new financial conglomerate governance structure in
Liquidity Incentive (KLM) policy has been increased accordance with this regulation.
to further encourage bank credit/financing to priority
growth sectors and job creation in line with the Periodically, SMBC Indonesia conducts assessments
Government’s Asta Cita program. Bank Indonesia as part of its evaluation and commitment to continue
projects credit growth in the range of 11–13% in 2025. improving the quality of GCG implementation. For
the 2024 financial year, the Bank conducted a self
In anticipating the various conditions above, SMBC assessment of the implementation of governance
Indonesia will continue to maintain resilience and be where in the first semester (as of June 30th, 2024) the
able to respond to various potential risks amidst the Bank received a rating of 2 (Good) and in the second
dynamics of an unstable economic environment. The semester (as of December 31st, 2024) the Bank
Bank has prepared various strategies to achieve long- increased to rating 1 (very good).
term and medium-term goals so that SMBC Indonesia’s
business performance continues to grow sustainably. Meanwhile, the assessment score from the ASEAN
Corporate Governance Scorecard (ACGS) standard
assessed by the independent consultant Indonesian
IMPLEMENTATION OF CORPORATE Institute for Corporate Directorship (IICD) with a
GOVERNANCE score of 108.22 points in the Leadership in Corporate
Governance ranking or at Level 5 (>100), where the
At all organizational levels and within the SMBC score increased by 9.03 points compared to the
business group, SMBC Indonesia is committed to previous year.
implementing good corporate governance (GCG) into
practice. With reference to the Financial Services The implementation of GCG principles that have been
Authority Regulation Number 17 of 2023 concerning carried out consistently and sustainably has received
the Implementation of Corporate Governance for appreciation from external parties. The Bank has
Commercial Banks, and as a follow-up to the Resolution succeeded in obtaining an award from IICD as one of
of the Annual General Meeting of Shareholders dated the top 50 companies with large asset capitalization and
March 21, 2024, concerning changes to the Articles of an award in the best financial sector category.
Association, this is demonstrated through modifications
to the Corporate Governance Manual, the Board of
Directors Manual and the Board of Commissioners
Manual, Charters of committees under the Board of
Directors and Board of Commissioners, as well as
policies and procedures.
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IMPLEMENTATION OF CORPORATE SMBC Indonesia website (www.smbci.com) to promote
SOCIAL AND ENVIRONMENTAL and strengthen transparency of information about
RESPONSIBILITY sustainability policies and performance carried out.
SMBC Indonesia continues to strengthen its
sustainability commitment as a strategic step toward HUMAN RESOURCES DEVELOPMENT
achieving short-term financial success while also
creating long-term positive social and environmental SMBC Indonesia Human Resources Directorate’s
impacts. This commitment is carried out through a strategic focus is to continuously develop human
variety of efforts and initiatives to support sustainable resources (HR) and talent capabilities to support the
finance in Indonesia, as well as the Bank’s operational organization’s future growth. In order to achieve this, the
activities achieving the net zero emission (NZE) target Bank implemented several key initiatives in 2024 that
for loans and investment portfolios in 2030 and 2050, align with the strategic focus on attracting, developing,
respectively. This target is also consistent with the and retaining talent. The implementation details are:
SMBC Group’s target. 1. Organizational Development. In 2024, the focus
was:
The Bank’s commitment to implementing sustainable a. Developing talent capabilities for talents at
finance is also demonstrated by the incorporation of levels 1 and 2 positions below the Board of
sustainability principles into the Sustainable Finance Directors and Board of Management (BOD/
Action Plan (RAKB), which is a mandate from POJK BOM), including identifying and planning the
51/2017 concerning the implementation of sustainable Bank’s internal succession. Talent development
finance for financial services institutions. In 2024, SMBC is performed to ensure the continuity of
Indonesia prepared the 2025 RAKB, which focuses the Bank’s organization and leadership.
on the continuation and strengthening of the RAKB Furthermore, the talent capability development
initiatives that were implemented in 2024. program was also carried out for incumbents at
level 3 under BOD/BOM.
The RAKB remains focused on 3 (three) main activities, b. The talent program that is continuously being
namely increasing the sustainable finance portfolio, developed focuses on collaboration with the
developing internal capacity, and adjusting the SMBC Group in employee exchange programs
organization and risk management. SMBC Indonesia and global development carried out among
is committed to continuing to increase environmentally employees in Singapore and Japan. The
friendly financing across all business segments and program is one of the most important aspects
encouraging financial inclusion. of the Employee Value Proposition (EVP) and
a key factor in running employer branding.
SMBC Indonesia also works to improve the Furthermore, through EVP, the Bank seeks to
implementation of sustainable operations, which aim increase its competitiveness in order to attract
to reduce carbon emissions from business operations the best talent in the market.
while also encouraging inclusion and diversity in the c. Implementing SMBC Indonesia’s LEAD
work environment. Efforts and initiatives undertaken program, an acceleration development
include raising the target for reducing energy and program for fresh graduates, which is designed
electricity consumption and increasing the use of to help program graduates be better prepared
renewable energy. and perform optimally in supporting the Bank’s
business strategy efforts and becoming future
In terms of sustainability governance, SMBC Indonesia leaders in Indonesia. In 2024, SMBC Indonesia
demonstrates a tangible commitment to sustainability implemented two batches of the LEAD
by forming a Sustainability Committee established program.
in 2022 and a Sustainability Policy issued in 2023. d. Improving employer branding entails
This Sustainability Policy serves as a guideline for all collaborating with reputable organizations,
employees who assist SMBC Indonesia in conducting such as leading local and international
responsible banking business activities while prioritizing universities in Japan, student association
sustainability aspects. organizations, and participating in several
human resources award programs held locally
SMBC Indonesia conducts an annual study and in Indonesia and regionally throughout Asia. In
evaluation of the Sustainability Policy to ensure that 2024, the Bank conducted rebranding activities
it is in accordance with and relevant to applicable for its employer branding, in accordance
policies and regulations. Since 2023, the Bank has with Bank BTPN’s transformation strategy to
also established a sustainability page on the official become Bank SMBCI Indonesia.
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e. Organizing employee activity programs through management, talent management, and the
the SMBCI Club, such as sports, hobbies, ongoing development of the Bank’s HRIS system.
and spiritual activities. Furthermore, the Bank SMBC Indonesia has also implemented the HR
maintains an employee assistance program Dashboard, which is expected to enhance the
that covers the aspects of mental health, bank’s ability to manage, process, and present
finance, and legal issues and allows employees information about its human resources. As a result,
to consult with experts in their respective it can help management make more timely and
fields. measurable decisions.
2. Diversity, Equity and Inclusion (DEI) Program. 5. Reward & Performance Management. The Bank
To foster a positive work environment, Bank regularly reviews employee remuneration and
focused on women’s and disability empowerment benefits, considering the industry’s current market.
programs in 2024. The program includes sign With this initiative, the Bank can formulate a
language classes for employees, collaboration with competitive remuneration formula for employees
disabled partners, mentorship programs for female that aligns with the Bank’s strategy.
employees with internal Bank leaders, and the DEI
program in collaboration with the SMBC Group and
subsidiaries. INFORMATION TECHNOLOGY
DEVELOPMENT
3. Learning & Development. In 2024, SMBC Indonesia
continued its commitment to focus on improving In line with the 2024 RBB, information technology (IT)
and developing HR quality and competence in focuses on IT management and development on a
technical, non-technical, and leadership fields. number of initiatives, namely:
The realized programs include ongoing learning, 1. Implementation of strategic IT capabilities to
training, and mentoring for Bank employees. In its support digital business and its ecosystem, both
implementation, the Bank adheres to the principle organic and inorganic.
of prioritization and equal distribution of HR work 2. Implementation of IT Operation Excellence
competence. by optimizing IT resources, consolidating and
decommissioning applications, and standardizing
In 2024, the Bank continued to use e-learning, technology to reduce operational complexity.
which is accessible via the Bank’s HRIS system, 3. Implementation of strong governance, security
collaborated with SMBC Group, and created a standards, and regulatory compliance in mitigating
digital and analytical training program curriculum. risks and increasing synergy between the main
Other important training and development entity and all member entities in the SMBC group
programs include mandatory certifications in financial conglomerate in Indonesia.
risk management materials, payment systems, 4. Implementation of cyber security in line with
and rupiah money management, WAPERD the cyber security framework set by the Chief
(representative of mutual fund sales agents), Information Security Officer (CISO).
WPPE-P (representative of marketing securities
trading intermediaries), and treasury. This
certification program is mandatory for all required In the financial year, SMBC Indonesia also made
employees. The Bank also administers other important achievements, including:
competency certifications that are also managed 1. Adjusting the application interface used directly by
for fulfillment, such as certifications of HR customers in support of the corporate strategy to
management, compliance, information technology, transform the brand into SMBC Indonesia.
internal audit, and finance. 2. Expanding the implementation of SNAP (National
Standard Payment API) in strengthening the digital
4. Implementation of Human Resources (HR) payment ecosystem in line with the Bank Indonesia
Technology. In 2024, the Bank continued the digital payment system blueprint.
transformation process, introducing several new
features to help with the overall HR management
process. This includes modules of compensation
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3. Improving the fraud management system that function to the Board of Directors. In 2024, each
allows real-time monitoring and detection of committee member was given the Self-Assessment List
transactions on the BI-FAST payment channel. to complete and collect before drawing conclusions.
4. Building a new web-based internet banking service
for SME customers (Touchbiz Web) and developing In 2024, there were a total of 10 (ten) committees under
various additional features on the current Touchbiz the Board of Directors. As many as 5 (five) of them met
application. all expectations. Meanwhile, 5 (five) committees met the
5. Developing various digital service features on the majority’s expectations. The Bank’s Board of Directors
Jenius application, such as marketing automation will review the performance of committees that did
and merchant installment automation on credit card not receive full marks to determine and follow up on
services. necessary improvements.
PERFORMANCE ASSESSMENT OF CHANGES IN THE COMPOSITION OF
COMMITTEES UNDER THE BOARD OF THE BOARD OF DIRECTORS AND THE
DIRECTORS REASONS
In terms of the performance assessment of the Board of In 2024, there were no changes in the members of the
Directors Committee in 2024, the Bank has determined Board of Directors. Therefore, the composition of the
the assessment factors, which are based on the Board of Directors until the publication of this 2024
committee’s duties and responsibilities as a supporting Annual Report is:
Name Position
Henoch Munandar President Director
Kaoru Furuya Deputy President Director
Darmadi Sutanto Deputy President Director
Dini Herdini Compliance Director
Atsushi Hino Director
Keishi Kobata Director
Merisa Darwis Director
Hanna Tantani Director
APPRECIATION FOR STAKEHOLDERS High appreciation is also given to the employees who
have devoted all their resources to support the Bank’s
SMBC Indonesia’s performance in 2024 is the result achievements. Similarly, we appreciate the support of
of many parties’ support, both internal and external to other stakeholders, such as customers and business
the Bank. The Board of Directors would like to express partners, with whom we have previously collaborated
its gratitude to the Board of Commissioners and successfully. The Bank hopes that cooperation with
Shareholders for the direction and trust given to manage stakeholders, both internally and externally, will improve
the Bank’s business activities, as well as the regulators over time.
for all of their guidance.
Jakarta, 27 March 2025
On behalf of the Board of Directors,
Henoch Munandar
President Director
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 57
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The Board of Directors
KAORU FURUYA MERISA DARWIS DARMADI SUTANTO DINI HERDINI
Deputy President Director Director Deputy President Director Compliance Director
58 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report
HENOCH MUNANDAR KEISHI KOBATA HANNA TANTANI ATSUSHI HINO
President Director Director Director Director
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Board of Management
IRWAN SUTJIPTO ANKE JENY PURNOMO B. MIRA
TISNABUDI SUBANDY MUSTOPHA SOETADI FITRIA
Head of Digital Head of Internal Head of Information Head of Retail Head of Human
Banking Audit Technology Lending Business Resources
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NATHAN HELENA JEFFREY C. SENDIATY WIWIG
CHRISTIANTO Head of Wealth Management TJOENG SONDY SE SANTOSO
Head of Wholesale, Business and Network & Head of Business Head of Risk Head of
Commercial & Distribution Banking Management Treasury
Transaction Banking
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 61
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Executive Officers
62 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Report PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 63
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Management Report
Statement Letter of The Board
of Commissioners and Board of
Directors Regarding Responsibility
for The 2024 Annual Report
of PT Bank SMBC Indonesia Tbk
We, the undersigned, declare that all information contained in the 2024 Annual Report of PT Bank SMBC Indonesia
Tbk has been presented in their entirety, and that we assume full responsibility for the accuracy of the contents of the
Annual Report of PT Bank SMBC Indonesia Tbk.
This statement is made truthfully.
Jakarta, 27 March 2025
BOARD OF COMMISSIONERS
Chow Ying Hoong
President Commissioner
Takeshi Kimoto Ninik Herlani Masli Ridhwan Onny Widjanarko
Commissioner Independent Commissioner Independent Commissioner
Edmund Tondobala Ongki Wanadjati Dana Marita Alisjahbana
Independent Commissioner Commissioner Independent Commissioner
64 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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BOARD OF DIRECTORS
Henoch Munandar
President Director
Kaoru Furuya Darmadi Sutanto
Deputy President Director Deputy President Director
Dini Herdini Keishi Kobata Atsushi Hino
Compliance Director Director Director
Merisa Darwis Hanna Tantani
Director Director
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 65
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Company Profile 66 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 69
Company Profile
03
Company
Profile
68 General Information
69 Brief History of The Company
70 Milestones
72 Line of Business
73 Products and Services
75 Main Values
76 Organizational Structure
78 Profile of the Board of Commissioners
85 Prirfile of the Board of Directors
93 Change in Composition of the Board of
Commissioners
94 Profile of Executive Officers
98 Employee Statistics
100 Majority and Controlling Shareholder
101 Ultimate Shareholders
102 Controlling Shareholders
105 List of Subsidiaries
106 Areas of Operation
109 Membership in Associations
109 Chronology of Shares Listing
110 Chronology of Other Securities Listing
110 Public Accounting Firm
111 Name and Address of Capital Market and/or
Supporting Institutions
112 Information on Company Website
SMBC Indonesia consistently presents
informative and comprehensive annual
reports, reflecting a deep understanding of
and commitment to the principles of good
corporate governance.
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Company Profile
General
Information
Name of Company
PT Bank SMBC Indonesia Tbk Authorized Capital
(SMBC Indonesia) Rp300,000,000,000
Issued and Fully
Paid-Up Capital
Rp212,918,914,960
Name of Stock Exchange
Information on Changes and Date of Listing
of Company Name Indonesia Stock Exchange
1958 : Initial name was Bank Pegawai 12 March 2008
Pensiunan Militer (Bapemil)
1985 : Bapemil was changed to PT Bank Stock Code
Tabungan Pensiunan Nasional BTPN
2019 : PT Bank Pensiunan Nasional Tbk was
changed to PT BANK BTPN Tbk ISIN Code
2024 : PT BANK BTPN Tbk was changed to 101000118508
PT Bank SMBC Indonesia Tbk
Line of Business
Banking Services
Year of Establishment Shareholder
1958 Composition
• Sumitomo Mitsui Banking
Rating (Fitch) Corporation (91.05%)
• Rating by PT Fitch Ratings Indonesia AAA • PT Bank Central Asia Tbk (1.03%)
(idn), stable outlook and F1+ (idn) • PT Bank Negara Indonesia
• Rating by PEFINDO idAAA (triple A, Stable (Persero) Tbk (0.11%)
Outlook) • Public (<5%) (7.81%)
Legal Basis Head Office Address
of Establishment Menara SMBC
PT Bank SMBC Indonesia Tbk CBD Mega Kuningan
(SMBC Indonesia) was established Jl. Dr. Ide Anak Agung Gde Agung,
based on Notarial Deed No. 21 dated 6 October Kav. 5.5-5.6 South Jakarta 12950,
1959 from Notary Noezar S.H. This deed was Indonesia
amended as contained in Deed of 31 May 1960
No. 203 and Deed of 7 November 1960 No. 53 Website and E-mail
of Notary Noezar S.H., and was announced in www.smbci.com
the State Journal of the Republic of Indonesia info@smbci.com
dated 14 February 1961 No. 13, Supplement corporate.communication@smbci.com
No. 5.
68 2024
LAPORAN
ANNUAL
TAHUNAN 2024
REPORT PT BANK SMBC INDONESIA TBK
Page 71
Company Profile
Brief History
of The Company
PT Bank SMBC Indonesia Tbk (“SMBC Indonesia,” INFORMATION ON CHANGES OF THE
“Bank”) – previously known as PT BANK BTPN Tbk COMPANY NAME
(Bank BTPN) – established in 1958 in Bandung, West
Java by the name of Bank Pegawai Pensiunan Militer The first name used in 1958 was Bank Pegawai
(Bapemil). Subsequently, the Bank transformed into Pensiunan Militer (Bapemil). Bapemil transformed to
PT Bank Tabungan Pensiunan Nasional in 1985. become PT Bank Tabungan Pensiunan Nasional with a
business permit as a Savings Bank in order to comply
In 2008, the Bank became a public company following with Law No. 14 of Year 1967 regarding Banking
the acquisition of the Bank’s 71.6% shares by TPG Principles applicable at the time.
Nusantara S.a.r.l. through an Initial Public Offering
(IPO) shares purchase on the Jakarta Stock Exchange, Upon the official merger with BSMI, the name PT Bank
currently the Indonesia Stock Exchange (IDX). The Bank Tabungan Pensiunan Nasional Tbk was altered into PT
also expanded its business by serving micro- and small- Bank BTPN Tbk. In the year 2024, the Bank changed
scale business clients in 2009. its name to PT Bank SMBC Indonesia Tbk. This change
was effective as of 2 October 2024. The approval on
In 2011, the Bank then launched Daya, a sustainable this name change was obtained from the Extraordinary
empowerment program that became an integral part General Meeting of Shareholders (GMS) dated 29
of the company’s business activities, and launched a August 2024, as stated in Deed No. 43 of 29 August
financing business, namely Sinaya (empowering light). 2024 made before Notary Ashoya Ratam, S.H., M.Kn
and approved by the Minister of Law and Human Rights
The Bank continued to grow in 2013 with the acquisition of the Republic of Indonesia through the Ministerial
of PT Bank Sahabat Purba Danarta (Bank Sahabat), Decree of Minister of Law and Human Rights of the
which subsequently became a subsidiary, namely Republic of Indonesia No. AHU-0054625.AH.01.02.
PT Bank BTPN Syariah, in 2014. TAHUN 2024 regarding the Approval on the Amendment
of the Articles of Association of Public Company PT
The Bank merged with PT Bank Sumitomo Mitsui Bank SMBC Indonesia Tbk dated 29 August 2024,
Indonesia (BSMI) effective 1 February 2019 and as well as from the Financial Services Authority
increased its business portfolio in the corporate segment (“OJK”) through letter No. S-195/PB.31/2024 dated 24
to become a universal bank that serves not only retail September 2024 on Plans to Change the Logo of PT
clients but also corporate clients. BANK BTPN Tbk, and the Decree of Members of the
OJK Board of Commissioners No. KEP-73/D.03/2024
In the year 2024, the Bank again recorded its history dated 25 September 2024 on the Decision for the Use
through two extensive events, namely the acquisition of of the Business License in the Name of PT BANK BTPN
the OTO Group that supplies financing for two-wheel and Tbk to the name of PT Bank SMBC Indonesia Tbk.
four-wheel vehicles in Indonesia, and transformed the
brand from Bank BTPN to SMBC Indonesia.
CHANGE IN LOGO
In line with the change in the name from PT BANK BTPN Tbk. to PT Bank SMBC Indonesia Tbk in the year 2024, the
Bank’s logo was also altered as shown below.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 69
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Company Profile
Milestones
1958-1986 2017
• The Bank was established in Bandung, West Java, with The Bank expanded the mobile banking application
the name of Bank Pegawai Pensiunan Militer (Bapemil). features of BTPN Wow! and Jenius to develop the
• In 1960, the Bank obtained the permit as a commercial customer base and increase banking transactions. The
bank. focus on customer-centric from the two mobile banking
• In 1986, the Bank changed its name to PT Bank services has brought about significant changes on
Tabungan Pensiunan Nasional. customer experience and impacted the Support Unit
operations. The transformation known as “Gemilang”
covered the Bank’s organizational structure, technology,
human resources and risk control. The Bank’s branch
2008 network underwent quite a major transformation where
In 2008, TPG Nusantara S.a.r.l. acquisitioned all branches were able to provide banking services to all
71.6% of the Bank’s shares on the Indonesia Stock customer segments.
Exchange. The Bank became a public bank with an
asset value of Rp13.7 trillion.
2016
• In February 2016, the Bank began to operate as a foreign
2009 exchange bank after obtaining the permit in December 2015,
• The Bank launched a micro and small-scale business which allowed the Bank to carry out transactions in foreign
venture (UMK) with BTPN Mitra Usaha Rakyat. currencies and became more flexible to start offering liability
• The Bank issued the first long-term rupiah bonds, savings products in foreign currencies.
with A+ rating (National Scale Rating) from Fitch • Jenius, the second mobile phone platform was launched. The
Ratings and obtained a long-term loan facility in rupiah cellular telephone service of Jenius utilizes the smart phone
currency from International Finance Corporation, a to connect customer’s account with the Bank and conduct
subsidiary of the World Bank. banking transactions. Until December 2016, Jenius retained
some 70,000 followers in the soial media and watched by
more than 3 million viewers in YouTube.
2010
The Bank’s asset value grew to Rp34.5 trillion
compared to Rp13.7 trillion two years earlier.
2015
It became the 10th biggest bank in the capital The Bank officially launched BTPN Wow!, a mass-market
market, as well as ranked in 5th in the number of banking service that utilizes cellular telephone technology
branches and 6th in the number of employees. and supported by agent services as an extension of the
Bank to increase the service reach to communities that
have not been touched by banking services. Transactions
available included savings, cash withdrawal, fund transfer,
2011
billing payment and micro credit request as well as micro
insurance product purchase.
• The Bank launched Daya, a sustainable mass-market
empowerment program and became an integral part of
the Bank’s business activities. The Financing Business
introduced the brand of Sinaya (empowering Light”)
which relates to Daya’s initiative.
2014
• Completed the trial run of Sharia Community Banking Japan’s Sumitomo Mitsui Banking Corporation (SMBC) increased
business (BTPN Syariah – Tunas Usaha Rakyat). its shares ownership in the Bank and became the controlling
• The Bank expanded its ATM service network with shareholder with ownership of 40.0%. SMBC was the second
Prima ATM network in addition to the existing Bersama biggest bank in Japan based on market value with assets totaling
ATM network. The total connected network reached to US$1.3 trillion.
more than 57,331 ATM throughout Indonesia.
2012 2013
• BTPN Syariah – Tunas Usaha Rakyat rapidly grew until • BTPN Syariah Financing – Tunas Usaha Rakyat doubled
the end of the year serving 28,927 community centers its growth to reach about Rp4 trillion and contributed
in Banten, West Java and East Java, and empowered 3% of the Bank’s total credit. The Syariah Business
444,000 customers in the community center. Unit Network reached 69,500 centers throughout
• The Bank completed the trial run of the new mobile the archipelago, and empowered more than 931,500
banking named as “BTPN Wow!” This program was customers in the rural areas.
later launched in 2015. • The Bank acquisitioned PT Bank Sahabat Purba Danarta
(Bank Sahabat) which was converted to become a sharia
bank before the Bank separated the sharia unit into a new
entity in 2014.
• Sumitomo Mitsui Banking Corporation (SMBC) from Japan
owns 24.3% of the Bak’s shares through a sares purchase
previously owned by TPG Nusantara S.a.r.l. and other
shareholders.
70 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
2018
The Bank succeeded in completing two important
corporate actions. The first, the initial public
offering (IPO) of BTPN Syariah, a subsidiary with
the majority share ownership. Secondly, the merger
process of Bank BTPN and PT Bank Sumitomo
Mitsui Indonesia (BSMI). From this merger, the
2024
• The Bank acquisitioned the OTO Group, provider
Bank was able to offer a wider range of financial of two-wheel and four-wheel vehicle financing
services to the entire spectrum of customers, in Indonesia, as an effort to serving more for the
starting from individual customers to corporate Indonesian public.
customers, which included large corporations to • Bank BTPN’s trademark transformed into SMBC
micro businesses and communities in the rural Indonesia in response to market dynamics and
areas. Results from this Gemilang project carried portfolio that continued to expand for a more
out a year earlier as well as the mobile banking meaningful growth.
platforms, BTPN Wow! and Jenius began to be
enjoyed in 2019.
2023
2019 • The Bank and International Finance Corporation
The Bank officially merged with BSMI to become Bank (IFC) collaborated on a social and green bond deal
BTPN on 1 February. This business merger strengthened to strengthen climate action and promote inclusive
the Bank’s capability to provide a more comprehensive development in Indonesia.
banking service to a wider customer base. The Bank was • In the Extraordinary General Meeting of Shareholders
at this time regarded as a universal bank. (EGMS) of 7 December 2023, the shareholders officially
approved the plan to withdraw the Company’s shares
from the buyback (“Treasury Stock”) and the plan to
Increase Capital by Providing Pre-emptive Rights II
2020 •
(PMHMETD II”) or Right Issue II.
The Bank again received a Platinum rating from the “Asia
The Bank launched SINAYA PRIORITAS and Sustainability Reporting Rating (ASRRAT) 2023.” This
collaborated with Jenius that launched Sinaya was the third year the Bank received this highest rating
Prioritas Apps. consecutively in the four years of participation in this
event.
• The Bank received two awards for category Sustainable
Finance 2022, namely with the “Best Green Loan” ad
2021 the “Best Local Currency Green Loan,” during the “Triple
A Country Awards 2022” held by The Asset in Hong
• The Bank provided green loan facilities worth Kong. SMBCI Bank was awarded with the “Best Green
Rp1.06 trillion to PT Kepland Investama as a form of Loan” through the US$750 million of green financing
commitment on sustainable financing. This green loan program to PT Perusahaan Listrik Negara/PLN (State
facility in rupiah currency was one of the first available Electricity Company) in December 2022 for supporting
in Indonesia market. PLN’s activities in the transitional effort from energy to
• Throughout the year 2021, Bank BTPN received renewable energy. In the meantime, the Bank received
19 awards from external parties, as proof and the award for the “Best Local Currency Green Loan” in
acknowledgement of stakeholders towards the Bank’s providing the Rp1.06 trillion green financing facility to
performance. PT Kepland investama since Otober 2021.
2022
• The Bank received the title as “The Best Contact Center Indonesia 2022” by Indonesia Contact Center Association (ICCA),
and at the same time acknowledged by the international organization of Contact Center Association of Asia Pacific (CC-
APAC). The Bank was in the top best 10 by winning 14 awards including three Platinums, three Golds, three Silvers, and
five Bronzes.
• The Bank received LPS Banking Awards 2022 from Lembaga Penjamin Simpanan/LPS (Deposit Insurance Corporation).
SMBCI Bank received the award as “The Best Bank in Delivering Information on Deposit Insurance Program” from the
private bank group.
• The “Best Corporate Emission Reduction and Calculation Transparency Award 2022” by Investor magazine: The Bank
received the award for “Transparency of Corporate Emission Reduction in the Green Category of Issuers Sector” and
“Transparency in Emission Calculation in the Platinum Category of Issuers Sector.”
• The Bank received the award for “Indonesian Sustainable Development Awards 2022” from the Corporate Forum for
CSR Development (CFCD). The Bank was the only bank that participated in this award event and obtained Gold Award
as it was assessed to be successful in implementing programs that contribute to the acceleration of the 17 Sustainable
Development Goals (SDGs).
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 71
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Company Profile
Line of
Business
Line of Business According to the 7. Carry out custody activities for the benefit of
Articles of Association other parties based on contract letters and/or
agreements;
A. Main Business Activities
1. Collect funds from the public in the form 8. Place funds from one customer to another in
of savings including current account, time the form of securities, both listed and unlisted
deposit, certificate of deposit, savings and/or on the Stock Exchange;
other forms equivalent to the above, both in 9. Purchase collaterals through auction or by
Rupiah and foreign currencies; other means, either in whole or in part, in the
event that the debtor does not fulfill obligations
2. Distribute funds collected from the public in to the Bank, with the provision that purchased
the form of credit, whether long-term, medium- collaterals must be disbursed as soon as
term or short-term, or loans in the forms possible;
commonly provided in the banking world, 10. Carry out factoring activities, credit card
either in rupiah or foreign currencies. business and trustee activities;
11. Capital participation in banks that carry out
B. Supporting Business Activities business activities based on sharia principles,
1. Issue letters of debt acknowledgment; in accordance with the provisions stipulated by
2. Buy, sell or guarantee at own risk as well the authorized agency in the banking sector;
as for the interest and on the instruction of 12. Carry out activities in foreign currencies
customers: by complying to provisions setforth by the
a. Money order, including money order authorized party;
accepted by the bank whose validity
period is no longer than what is customary 13. Carry out capital participation activities
in such securities trading; in banks (including sharia banks) or other
b. Letters of debt acknowledgement and companies in the financial sector such as
other commercial papers whose validity leasing, venture capital, securities companies,
period is no longer than what is customary insurance, as well as clearing, settlement
in such securities trading; and storage institutions, by complying to the
c. State treasury papers and government provisions setforth by the authorized party;
guarantee letters; 14. Carry out capital investment activities to
d. Bank Indonesia Certificates (SBI); overcome the consequences of credit failurs,
e. Bonds; with the condition that the investment must be
f. Trade and/or promissory notes with a term withdrawn in accordance with the provisions
of up to 1 (one) year; stipulated by the Financial Services Authority;
g. Other securities instruments with a term of 15. Act as founder of the pension fund and the
up to 1 (one) year; manager of the pension fund in accordance
3. Transfer funds, either for one’s own benefit or with the provisions of the regulations;
for the benefit of customers; 16. Issue letter of credit in various forms and bank
4. Place funds on, borrow funds from, or lend guarantees;
funds to other banks, both by use of letters, 17. Perform other activities commonly carried out
telecommunication media as well as bearer of by banks as long as they do not conflict with
money order, check or other means; statutory regulations.
5. Receive payments from billings on securities
and make calculations with or between third Line of Business Performed in the Fiscal
parties; Year
6. Provide the place to store goods and The fields of business carried out during the fiscal
securities; year were in accordance with those stated in the latest
Articles of Association.
72 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Products and
Services
• TOUCHBIZ Platform:
Corporate/Wholesale Wealth Management 1. Customer online registration and
Banking Business activation
2. TOUCHBIZ Application wiwth
Hedging Products • Sinaya Savings (Rupiah, Foreign biometric-based Customer
IRS/CCS and foreign exchange Currency, Business) verification
transactions • Time Deposit (Rupiah, Foreign 3. Financing Products: Current
Currency, Fleksi, On Call) Account, Business Savings,
Loan Products • Mutual Funds Business Deposit
• Bilateral, Syndication Loans & Agency • Bancassurance 4. Transfer (BIFAST, RTOL, SKN,
Services (IDR, USD, EUR dan, JPY) • Government Bonds RTGS)
• Work Capital Credit • ATM/Debit Card 5. Billing Payment (e-wallet top up,
• Investment Credit • Safe Deposit Box telephone, electricity)
• Project/Structured Finance • Sinaya Priority Services 6. Ordering of document books
• ECA (checks and current account bills)
• Green/Social Loan 7. Soft token access for transaction
• Sustainability-Linked Loan authorization
• Other Credits Retail Lending Business 8. Information on Current Account &
Loan
Financing Products 9. History of transactions and proof
• ESG Deposit Micro Business of electronic transactions
• Green Deposit • People’s Business Credit/Loan 10. Consolidated Account Report
• Business Partner Savings 11. Notification and Reminder
• Deposit Equivalent Savings 12. Multi-Role Access & matrix
• Micro Maxi Loan (secured loan): approval
Jenius 1. Current Account Loans
2. Term Installment Loans
3. Term Loans
Transaction Banking
• Jenius application with biometric- • Micro Flexicash Digital Loans
(Unsecured loan): & Supply Chain
based customer verification
• Savings (Flexi Saver, Dream Saver & 1. Term Installment Loans
Foreign Currency) Cash & Digital Solution
• Deposit (Maxi Saver) Joint Finance • Current Account & Term Deposit
• Bill Payment • Joint Financing • Money Transfer (SKN/RTGS, Payroll,
• ATM Card/Jenius Debit 1. Motor Vehicle Credit (KKB) Overbooking, Telegraphic Transfer)
• Transfer (BIFAST, RTOL, SKN, RTGS 2. Medical Devices • Receive Funds (SKN/RTGS, BI-FAST,
& Remittance) 3. Durable Goods Telegraphic Transfer, Cheque/Cash
• e-Wallet Top Up 4. Multipurpose Deposit)
• Loan (Flexicash, Buy Now Pay Later & • Chanelling • e-Tax Payment
Credit Card) 1. Short term loan (tenor max 1 • Virtual Account
• Jenius Pay month) • Internet Banking
• Jenius QRIS 2. Medium term loan (tenor max 12 • Host to Host (SFTP)
• Jenius for Business month) • Open API SNAP
• Bisniskit by Jenius 3. Long term loan (tenor max 60 • Liquidity Management (Domestic
• Moneytory month) Cash Pooling, Auto TD Placement,
• Sinaya Prioritas in Jenius Application Cross Border Pooling)
• Jenius Application for SMBCI retail Pension Business • Auto Debit
business line (Jenius as a Platform) • Pension Credit/Loan
• Mutual Funds • Pre-Retirement Credit/Loan Trade
• Lifeboat Life Insurance with Allianz • Active Employee Loan • Import & Export Letter of Credit &
• Citra Pension Savings SKBDN
• Import & Export Bill Collection
• Import & Export Documentary
Treasury Collection
Business Banking • Bank Guarantee & SBLC & Counter
Guarantee
• Foreign Exchange • Trade Loan & TR
• Derivative • Basic/Generic Products • Foreign Bills Bought & Forfaiting
• Money Market 1. PRK (Current Account Loan) • Account Receivable Purchase
• Fixed Income 2. PB (Term Loan) • Import Avalization & LC Confirmation
3. PAB (Term Installment Loan) • BL Endorsement & Shipping
• ABF (Asset Based Financing) Guarantee
• BPR Financing
• Business Current Account Supply Chain
• Mitra Current Account • Supply Chain Financing (Distributor
• Karya Current Account Financing/ Supplier Financing)
• Lending Program
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 73
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Company Profile
VISION
To become the top (first =
pertama) choice bank in
Indonesia, that can provide
significant change in the lives
of millions of people, mainly
with the support of digital
technology.
MISSION
• To offer complete financial solutions and services
to such various segments as retail, micro, SME, and
corporate business in Indonesia, as well as the overall
Indonesian Nation and Country;
• To provide valuable opportunity for the professional
development of SMBC Indonesia employees;
• To create significant and sustainable values for the
stakeholders including the Indonesian society;
• To take advantage of technological innovation as the
main differentiator to provide the best quality and
experience in its class to customers and partners of
SMBC Indonesia.
About Vision and Mission
The fundamental basis of the integration of the Bank’s Vision and Mission is to serve the customers of SMBC
Indonesia in the best manner to achieve their objectives and aspirations to grow together more meaningfully and
provide positive impact on Indonesia’s society. For this reason, the Bank will be a reliable and trustworthy partner,
capable of understanding and effectively fulfilling the growing financial needs of the customers.
Vision and Mission are set upon review by the Board of Commissioners and the Board of Directors.
74 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Main Values
The values we adopt are guidelines for us to carry out our business.
There are 5 (five) values as described below:
01 Integrity
As professionals, always act
sincerely with high ethical standards.
Customer First
Always view from the customers’
02
perspective to deliver added value.
03 Proactive & Innovative
Have the courage to incessantly
act and innovate.
Speed & Quality
Command speed and quality from
04
decision-making as well as provide
services as differentiating factors.
05 Synergy
Collaborate as one team within
the financial conglomerate
of SMBC Indonesia.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 75
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Company Profile
Organizational
Structure
Board of Directors
Asset and Liability Information Technology Credit Human Resources Sustainability
Committee (ALCO) Steering Committee Committee Committee Committee
Credit Policy Information Governance Risk Management Fraud Integrated Risk
Committee Steering Committee Committee Committee Management Committee
Deputy President Director 1
Kaoru Furuya
Corporate Operation Legal and Finance and
Banking Treasury and Compliance Planning
Japanese Director Technology Director Director
Director Keishi Kobata Director
Dini Herdini Hanna Tantani
Atsushi Hino Merisa Darwis
Head of
Head of Wholesale, Head of
Business Head of
Commercial Information
Banking Treasury
& Transaction Technology
Jeffrey Banking Wiwig Wahyu Jeny
Cheanandro Santoso
Ir. Nathan Mustopha
Tjoeng Christianto
Alignment Wholesale Operations IT Strategic Financial
Corporate Digital & Treasury ALM &
& Synergy Banking Distribution Planning & Data AML & CFT Planning &
Banking 2 Business Planning
Planning Moses Ronald & Account Management Hari S. Yuliastuti Performance
Naoki Watanabe Development So Hirahara
Kenji Okada Supardi Services Jufri Elsa A. Setyadi
Charles Anthony
Bunaidi Ridwan Nugraha
Sustainable Corporate Wholesale IT Corporate
Treasury Trading Financial
Business Banking 3 Banking Banking Compliance
Rhendy S. Controller
Strategy Karinda Listyani Business Business Operations Enablement Butet S. Sitepu
Zoro Arif Suseno
Yuta Ohara Rachmana Banking Credit Planning Transactions Hayato Inoue
Risk Ahmad Z. Center
Ririn Rianti Hendarman Arif M. Corporate
Corporate Treasury IT Retail Tax
Fatwaddin Secretary
Banking 4 Marketing 1 Banking & Management
Corporate Eneng Y.
Hiroaki Seguchi SME Structured Slamet Riyadi Kamaluddin
Functions Andriani
Margaretha P. Finance Reporting,
Santosa Adityo Haryono Settlement Enablement
Andi F. Cahyo Finance Risk
Corporate Treasury & Access General Counsel Control &
Banking 5 Marketing 2 Management Argo Wibowo Governance
Hideakki Asatsu - Tasuku Tanaka
Business Wholesale Lia Asoka
Banking Cross Banking Project IT Digital
Corporate Collaboration Management General Service Strategy
Enablement Communications
Banking 6 Takeshi Endang Services Implementation
Joko Kurniawan & Daya
Wibowo Nishimura Triningsih Bambang A. Hendra
Andrie Darusman
Kurniawan Rachmad Gunawan
KYC Operations
Governance, IT Governance AML Group
Onboarding Development
Process & Syndications & Management Governance
Virni Anggia Radhar H.
Support ESG Solutions Akira Kuwata Nezu Emiri
Septiranti Handajani
Novri Irza Denti I. Irman
Hidayatullah Operations
Corporate IT Transaction
Banking Control
Management
Business Assurance
Business Iman Triono
Planning Commercial Joko
Banking
Chandra M. Banking & WFB
Strategy
Mudjib Warni
Anita Natalia
Corporate Transaction
Partnership &
Banking Loan Banking &
Acquisition
Reviewer Supply Chain
-
Riyanthi Annisaa Jevan Purnawan
Corporate Business
Banking Credit Banking
Analyst Remedial
Fifi Dicky Deniawan
Corporate
Credit Middle
Office
Husan Mahjudin
76 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
GENERAL MEETING Board of Commissioners
OF SHAREHOLDERS (GMS) Audit Committee
Risk Monitoring Committee
Remuneration and Nomination Committee
President Director
Integrated Governance Committee
Henoch Munandar
Deputy President Director 2
Darmadi Sutanto
Head of Wealth
Head of Retail
Head of Risk Management Head of Digital
Head of Human Head of Lending
Management Business Banking
Resources Internal Audit Business
Sendiaty Sondy & Network Irwan Sutjipto
Mira Fitria Anke Subandy Purnomo B. Distribution
SE. Tisnabudi
Soetadi Helena
Portfolio
Strategic HR Retail Banking Sales Branch Service Jenius Business
Credit Audit Management & Pension Business
Management Risk Management WMB Distribution Stream
Dessy Natalia Policy -
Denty Avianty Adil Pamungkas Rudyanto Kemal Enrico Novian Anita Ekasari
Wahyu Nugroho
Operational & Retail Banking
HRBP IT, Digital Banking Micro Business & Liabilities & Digital Customer Contact Digital Banking
Fraud Risk Strategy &
Corporate Banking & Analytics Audit Joint Finance Management WMB Center Solution
Management Planning
Yvonne F. Syofyan Willy J. Widjaja Ari Purnomo Elvie Iskandar Bambang J. Susilo Frenky Guslove
Heru Rustanto Erliana Tandoko
HRBP Operations Market & Customer Digital Banking
Wealth Product Customer
Retail Banking Audit Liquidity Risk Experience Product &
Management WMB Experience
Debbie G. Stefanus R. Management Management RLB Innovation
Aegeus H. Soewito -
Retnoningsih Kristianto Deni - Febri
HRBP Operations Sales Digital Banking
Wealth Risk Management Customer Operation
& Tech and Management & Business
Management Planning Experience WMB Excellence
Support Functions Capability RLB Performance &
& Corporate Keisuke Heima Sanny Kumalasari Fajar Septianto
Myrna M, Witarka Alfin Mufianto Customer Value
Functions Audit
Management
Ratih W. Indrawati Sales Distribution
HR Technology Digital & Business Network Salvy Gunawan
Cyber Security WMB & National
& Services Solution RLB Management
Buyung Bachtiar Distribution
Jemmy Maruto Tri Sujatioadi Rio Y. Lopa
Chairul Sani
Audit
Methodology, QA, Digital Banking
and Development Product & Partnership
Bernanta B. Credit Risk Portfolio Neni Veronica
Danardana Tasuku Tanaka Management RLB
Astri P. Rini
Retail Banking
Digital Strategy
Citra Paramita
Digital Banking
Alignment &
Synergy
Kosuke Shimada
The Board of Directors
Board of Management
The Board of Commissioners Committee & The Board of Directors Committee
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 77
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Company Profile
Profile of the Board
of Commissioners
Chow Ying Hoong
President Commissioner
Nationality Concurrent Position
Singaporean • Member of the Remuneration and Nomination
Committee of SMBC Indonesia
Domicile • Senior Regional Advisor, Asia Pacific Division of
Singapore Sumitomo Mitsui Banking Corporation
Age Work Experience
64 Years as of the end of Fiscal Year 2024 • General Manager of Planning Department Asia Pacific
Division of SMBC (2011-2013).
Educational Background • General Manager, Debt Capital Market Department and
Business Administration in Finance from National University Joint General Manager of SMBC, Singapore (2005-
of Singnapore (1984) 2010).
• Head of Syndication S.E. Asia of Sumitomo Bank
Certification Singapore Branch (2000-2005).
Risk Management Certification Level 6, issued by BSMR • Branch Manager/Managing Director dari Societe
with validity until 23 April 2027 Generale Bank, Branch Malaysia (1997-2000)
• Head of Syndication for Asia of ABN Amro Bank Asia
History and Legal Basis of Appointment
HQ (1996-1997).
Initially appointed as Vice President Commissioner of
• Team Head of Offshore Corporates of ABN AMRO Bank
SMBC Indonesia as of the effective date of the merger,
N.V., Singapore Branch (1993-1996)
namely 1 February 2019 and reappointed through the
• Senior Manager of The Sanwa Bank Ltd, Singapore
Annual GMS of 15 February 2019. Appointed as President
Branch (1989-1993)
Commissioner through the Extraordinary GMS of 18
• Account Manager of ABN Bank N.V., Singapore Branch
November 2020, and reappointed through the Annual GMS
(1987-1989)
on 21 April 2022.
• Bank Officer, United Overseas Bank (1984-1987).
Affiliation
Management affiliation with the Controlling Shareholder.
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Page 81
Company Profile
Takeshi Kimoto
Commissioner
Nationality Concurrent Position
Japanese • Member of Risk Monitoring Committee of SMBC
Indonesia
Domicile • Managing Executive Officer, Head of Asia Business
Japan Development Division of Sumitomo Mitsui Banking
Corporation and Sumitomo Mitsui Financial Group
Age • Members of the Board of Directors of Vietnam Prosperity
54 years as of the end of Fiscal Year 2024 Joint Stock Commercial Bank
Educational Background Work Experience
Bachelor of Arts in Business and Commerce from KEIO • Senior Vice President for Emerging Markets Business
University (1989-1993) Division (“EMBD”) Singapore, Joint General Manager for
EMBD Tokyo and Joint General Manager for Business
Certification Development Department at the International Banking
Risk Management Certification Level 6, issued by BSMR Unit of SMBC (2013-2018).
valid until 27 June 2027 • Vice President for Global Institutional Banking
Department (“GIBD”) of SMBC, Vice President for GIBD
History and Legal Basis of Appointment
Singapore, Group Head & Senior Vice President for
First appointed as Commissioner of SMBCI since the
Global Trade Finance Department Singapore (2002-
effective date of the merger, namely 1 February 2019 and
2013).
reappointed through the Annual GMS on 15 February 2019
• Vice President, International Finance Department,
and 21 April 2022.
Sumitomo Bank Ltd (2000-2001).
Affiliation
Affiliated in management with the Controlling Shareholder.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 79
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Company Profile
Profile of the Board of Commissioners
Ninik Herlani
Masli Ridhwan
Independent
Commissioner
Nationality Concurrent Position
Indonesian • Chairman of the Audit Committee of SMBC Indonesia
• Chairman of the Remuneration and Nomination
Domicile Committee of SMBC Indonesia
Jakarta • Member of the Integrated Governance Committee of
SMBC Indonesia
Age
67 years as of the end of Fiscal Year 2024 Work Experience
• Independent Commissioner of PT Bank Sumitomo
Educational Background Mitsui Indonesia (2013-2019)
• Master’s degree (Magister) in Finance from Universitas • Joined PT Bank Central Asia Tbk with the last position
Indonesia (2018) as Head of Audit Development and Quality Control
• Bachelor’s degree (Sarjana) in Economics from (1985-2012)
Universitas Traisakti (1983) • Senior Auditor at Accounting Firm of Utomo (SGV-
Utomo) 1981-1985)
Certification
Risk Management Certification Level 7, issued by BSR valid Affiliation
until 25 July 2025 No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholder.
History and Legal Basis of Appointment
First appointed as Independent Commissioner of SMBC
Indonesia since the effective date of the merger, namely 1
February 2019 and reappointed through the Annual GMS of
15 February 2019 and 21 April 2022
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Company Profile
Onny Widjanarko
Independent
Commissioner
Nationality Concurrent Position
Indonesian • Chairman of the Risk Monitoring Committee of SMBC
Indonesia
Domicile • Chairman of the Integrated Governance Committee of
Jakarta SMBC Indonesia
Age Work Experience
60 years as of the end of Fiscal Year 2023 • President Commissioner of PT Artajasa Pembayaran
Elektronis (September 2020 – April 2023)
Educational Background • Joined Bank Indonesia with the last position as Head of
• Master’s degree in Management from Asian Institute of Representative of Bank Indonesia Jakarta (January 1992
Management (1999) – September 2022)
• Bachelor’s degree (Sarjana) in Financial Management • Management Trainee and Staff of Finance Department at
from STIE Malang (1989) Komatsu Indonesia (PT United Tractors) (October 1989 –
December 1990)
Certification
Risk Management Certification Level 6, issued by BSMR Affiliation
with validity until 11 September 2027 No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholders.
History and Legal Basis of Appointment
First appointed as Independent Commissioner of SMBC
Indonesia effective as of 8 May 2023 based on Annual GMS
resolution dated 13 April 2023
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 81
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Company Profile
Profile of the Board of Commissioners
Edmund Tondobala
Independent
Commissioner
Warga Negara Concurrent Position
Indonesian • Member of the Audit Committee of SMBC Indonesia
• Member of the Risk Monitoring Committee of SMBC
Domicile Indonesia
Jakarta
Work Experience
Age • Head of the International BankingDivision at PT Bank
59 years as of the end of Fiscal Year 2024 Central Asia Tbk, Indonesia (2011 – April 2020)
• Director of BCA Finance Hongkong (2011 – November
Educational Background 2011)
• Master’s degree (Magister) in International Management • Director at BCA Remittance Sdn Bhd Malaysia (2009 –
from American Graduate School of International 2011)
Management, Thunderbird, Glendale, Arizona (1990)
• Bachelor’s degree (Sarjana) in Economics from Drake Affiliation
University, Moines, Iowa, United States (1987) No affiliation with members of the Board of Directors, te
Board of Commissioners and the Controlling Shareholder.
Certification
Risk Management Certification Level 6, issued by BSMR
with validity until 26 July 2025
History and Legal Basis of Appointment
First appointed as Independent Commissioner of SMBC
Indonesia since the Extraordinary GMS resolution on 18
November 2020 and reappointed through the Annual GMS
on 21 April 2022
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Page 85
Company Profile
Ongki Wanadjati
Dana
Commissioner
Warga Negara Concurrent Position
Indonesian • Member of the Risk Monitoring Committee of SMBC
Indonesia
Domicile • Commissioner of PT Bank BTPN Syariah Tbk
Jakarta • President Commissioner (Independent) of PT Nusantara
Sejahtera Raya Tbk
Age
67 years as of the end of Fiscal Year 2024 Work Experience
• President Director of PT BANK BTPN Tbk (2019-April
Educational Background 2022)
Bachelor’s degree (Sarjana) in Mechanical Engineering from • Vice President Director of PT Bank Tabungan Pensiunan
Institut Teknologi Bandug (ITB) (1981) Nasional Tbk (2008-January 2019).
• Director of Wholesale Banking of Bank Permata (2002-
Certification 2008).
Risk Management Certification Level 7, issued by BSMR • Vice President Director of Bank Universal (2000-2002).
with validity until 26 July 2025 • President Director of Bank Subentra (1993-1998).
• Senior Advisor, Bank Universal (1999-2000).
History and Legal Basis of Appointment
• Credit Cycle Manager – Consumer Banking, Citibank,
First appointed as Commissioner of SMBCI since the
N.A (1987-1990).
Annual GMS resolution dated 21 April 2022
Affiliation
No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholder.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 83
Page 86
Company Profile
Profile of the Board of Commissioners
Marita Alisjahbana
Independent
Commissioner
Warga Negara Concurrent Position
Indonesian Member of the Risk Monitoring Committee of SMBC
Indonesia
Domicile
Jakarta Work Experience
• Chief Risk Office, Indonesia Investment Authority
Age (2021-2024).
68 years as of the end of Fiscal Year 2024 • Country Risk Manager, Citibank Indonesia (2007-2021).
• Country Risk Manager, Citibank Philippines (2010-2012)
Educational Background • Deputy Country Risk Manager, Citibank Thailand/
• Master of Architecture, University of California, Los Vietnam (2003-2004)
Angeles, USA (1986) • Group Head, Institutional Remedial Management Group,
• Bachelor’s degree (Sarjana) of Architecture, Bandung Citibank (1999-2003)
Institute of Technology, Indonesia (1982) • Unit Head, Institutional Remedial Management Group,
Citibank (1998-1999)
Certification • Unit Head, Local Corporate Group, Citibank (1996-1998)
Risk Management Certification Level 6, issued by BSMR • Originator, Local Corporate Group, Citibank (1993-1996)
with validity until 14 June 2027 • Risk Manager, Local Corporate Group, Citibank
(1991-1993)
History and Legal Basis of Appointment
• Risk Manager, Financial Institution Group, Citibank
First joined SMBC Indonesia as Independent Commissioner
(1989-1991)
through the Extraordinary GMS on 29 August 2024 and
• Executive Development Program, Citibank (1988-1989)
effective in office on 2 September 2024
• Architect, Fega Marikultura (1986-1988)
• Project Coordinator for BITA Engineering on The Bukit
Asam Coal Mining Facilities, BITA Engineering (1982)
Affiliation
No affiliation with members of the Board of Directors, the
Board of Commissioners, and Controlling Shareholder.
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Page 87
Company Profile
Profile of the Board
of Directors
Henoch Munandar
President Director
Warga Negara Concurrent Position
Indonesian No concurrent position
Domicile Work Experience
Jakarta • Director of PT Bank SMBC Indonesia Tbk
(2019-Septembr 2022)
Age • Director of PT Bank Sumitomo Mitsui Indonesia
58 years as of the end of Fiscal Year 2024 (2014-January 2019)
• Deputy Head of Credit/Credit Risk Management Head
Educational Background SMEC of Bank DBS Indonesia (2010-2013)
Bachelor’s degree (Sarjana) in Economics from Universitas • Deputy of SMEC Risk + Remedial Head at
Atma Jaya, Jakarta (1989) PT Bank Danamon Indonesia Tbk (2006-2010)
• Co-Dept Head of Corporate Banking, Bank of Tokyo
Certification Mitsubishi UFJ (2006-2006)
Risk Management Certification Level 5, issued by BSMR • Local Corporate Head-Senior Manager, Sanwa Bank
with a validity period until March 20, 2028. Indonesia/Bank United Financial of Japan (UFJ)
(1995-2006)
History and Legal Basis of Appointment
• Account Manager at PT Bogor Multifinance (1995-1995)
First appointed as Director as of the effective date of the
• Account Manager at Panin Bank (1993-1995)
merger, namely 1 February 2019 and reappointed through
• Sub-Branch Manager at Bank Susila Bakti (1991-1993)
the Annual GMS of 15 February 2019 and 21 April 2022.
Appointed as President Director through the Extraordinary Affiliation
GMS on 29 September 2022. No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholder.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 85
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Company Profile
Profile of the Board of Directors
Kaoru Furuya
Deputy President
Director
Warga Negara Concurrent Position
Japanese No concurrent position
Domicile Work Experience
Jakarta • Senior General Manager of Asia Growing Market Dept.
(2020)
Age • General Manager of Corporate Banking Dept., Asia
59 years as of the end of Fiscal Year 2024 Pacific Division. Member of Risk Management, ALM and
Compliance Committees for APAC, SMBC (2019-2020)
Educational Background • General Manager of Singapore Branch. Member of Risk
Bachelor’s degree (Sarjana) in Law from Hosei Uniersity, Management, ALM and Compliance Committees for
Tokyo, Japan (1989) APAC, SMBC (2018-2019).
• General Manager of Loan Capital Markets Department.
Certification Member of Risk Management, ALM and Compliance
Risk Management Certification Level 7, issued by LSPP Commitees for EMEA of SMBC Europe Limited in
with a validity period until July 25, 2025. London (2013-2018).
• Joint General Manager, Global Trade Finance Dept of
History and Legal Basis of Appointment
SMBC Tokyo (2011-2013).
First appointed as Deputy President Director of SMBCI
• Senior Vice President, Global Trade Finance Dept.
effective as of 4 January 2021 based on the Extraordinary
SMBC New York (2004-2011).
GMS resolution dated 18 November 2020 and reappointed
• Assistant General Manager of Global Institutional
through the Annual GMS of 21 April 2022
Banking Dept. of SMBC Tokyo (2002-2004).
Affiliation
No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholder
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Page 89
Company Profile
Darmadi Sutanto
Deputy President
Director
Warga Negara Concurrent Position
Indonesian No concurrent position
Domicile Work Experience
Jakarta • Commissioner of PT Metro Retailmart (2015-2018)
• Commissioner of PT Trans Ice (2015-2018)
Age • Commissioner of PT Bank Mega Tbk (2015-2018)
60 years as of the end of Fiscal Year 2024 • Group Director of PT CT Corpora Bank Mega (2015-
2018)
Educational Background • Consumer Banking Director of PT Bank Negara
• Master’s degree (Magister) in Business Administration Indonesia (Persero) Tbk (2010-2015)
from University of Western Illinois, Macomb (1991) • Consumer Banking Director of ABN Amro/RBS
• Bachelor’s degree (Sarjana) in Civil Engineering from (2007-2010)
Universitas Trisakti, Jakarta (1988) • SVP Distribution of Bank Permata (2007)
• EVP Sales & Distribution of Standard Chartered Bank
Certification (2000-2006)
Risk Management Certification Level 7, issued by BSMR • National Sales Manager of Citibank (1991-2000)
with a validity period until March 20, 2028.
Affiliation
History and Legal Basis of Appointment No affiliation with members of the Board of Directors, the
First appointed as Deputy President Director of SMBCI Board of Commissioners, and the Controlling Shareholder.
effective as 14 May 2020 based on Annual GMS Resolution
dated 23 April 2020 and reappointed through the Annual
GMS on 21 April 2022
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 87
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Company Profile
Profile of the Board of Directors
Dini Herdini
Compliance Director
Warga Negara Concurrent Position
Indonesian No concurrent position
Domicile Work Experience
Jakarta • Director responsible for the Compliance Function
at PT Bank Sumitomo Mitsui Indonesia
Age (2014-January 2019)
59 years as of the end of Fiscal Year 2024 • General Counsel & Corporate Secretary PT Bank
Danamon Indonesia Tbk (2004-2014).
Educational Background • Partner/Legal Consultant at Herdini & Partners Law Firm
Bachelor’s degree (Sarjana) in Law from Universitas Trisakti, (2000-2004)
Jakarta (1987) • Head of Legal Division at Bank Danamon (11999-2000)
• Head of Legal Division at PT Bank PDFCI Tbk
Certification (1996-1999)
Risk Management Certification Level 7, issued by BSMR • Legal Manager PT ING Bank (1993-1996)
with a validity period until March 20, 2028. • Legal Officer PT Bank Sumitomo Niaga (1989-1993)
History and Legal Basis of Appointment Affiliation
First appointed as Compliance Director since the No affiliation with members of the Board of Directors, the
effective date of the merger, namely 1 February 2019 and Board of Commissioners, and the Controlling Shareholder.
reappointed through the Annual GS on 15 February 2019
and 21 April 2022.
88 2024 ANNUAL
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Page 91
Company Profile
Keishi Kobata
Director
Warga Negara Concurrent Position
Japanese No concurrent position
Domicile Work Experience
Jakarta • Head of Treasury ALM & Planning at PT Bank SMBCI
Tbk (March 2022-June 2023
Age • Technical Advisor in Treasury Directorate at PT Bank
51 years as of the end of Fiscal Year 2024 SMBCI Tbk (October 2019-February 2022)
• Assigned at SMBC Hongkong branch as Head of Money
Educational Background Market & Fixed Income Group, International Treasury
• Master’s degree in Information Engineering from the Department and last position as Senior Vice President
University of Tokyo (1998) (May 2016-October 2019)
• Bachelor’s degree in Architecture from the University of • First joined SMBC Tokyo with the last position as Head
Tokyo (1996) of Money Market & Fixed Income Group, International
Department Treasury (Honkon) (April 1998-May 2016)
Certification
Risk Management Certification Level 7, issued by BSMR Affiliation
with a validity period until October 02, 2027. No affiliation with members of the Board of Directors, the
Board of Commissioners, and the Controlling Shareholder.
History and Legal Basis of Appointment
First appointed as Director of SMBCI effective as of 25
July 2023 based on Extraordinary GMS resolution dated 22
June 2023
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 89
Page 92
Company Profile
Profile of the Board of Directors
Atsushi Hino
Director
Warga Negara Concurrent Position
Japanese No concurrent position
Domicile Work Experience
Jakarta • Group Head/Joint General Manager of Asia Markets
Growing Department, SMBC Singapura
Age (September 2018-April 2023)
48 years as of the end of Fiscal Year 2024 • Head of Corporate Banking Department,
PT Bank Sumitomo Mitsui Indonesia (October
Educational Background 2014-September 2018)
Bachelor’s degree in Business and Commerce from Keio • Vice President/Senior President, SMBC Hongkong
University (1999) branch (April 2009-August 2014)
• Vice President of Tokyo Corporate Banking Department
Certification 4, SMBC (April 2006-April 2009)
Risk Management Certification Level 7, issued by BSMR • Vice President of Tohoku Corporate Business Office,
with a validity period until October 02, 2027. SMBC (July 2001-April 2006)
• First joined SMBC as Junior Staff (April 1999-July 2001)
History and Legal Basis of Appointment
First appointed as Director of SMBCI effective as of 15 May Affiliation
2023 based on the Annual MS resolution dated 13 April No affiliation with members of the Board of Directors, the
2023 Board of Commissioners, and the Controlling Shareholder.
90 2024 ANNUAL
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Page 93
Company Profile
Merisa Darwis
Director
Warga Negara Concurrent Position
Indonesian No concurrent position
Domicile Work Experience
Jakarta • Head of Operation, PT Bank Tabungan Pensiunan
Nasional Tbk (2017-January 2019)
Age • Head of Internal Audit Work Unit, PT Bank Tabungan
57 years as of the end of Fiscal Year 2024 Pensiunan Nasional Tbk (2011-2016)
• HR & Internal Control Director, Bank Barclays Indonesia
Educational Background (2010-2011).
Bachelor’s degree (Sarjana) in Information Technology from • Citibank, N.A., Indonesia (1996-2009):
Institut Teknologi Bandung (ITB) (1991) - Operation - Control & Reporting Head, Transaction
Services Head, Control & Support Head,
Certification - IT - Consumer IT Head & Country IT Financial Head,
Risk Management Certification Level 7, issued by BSMR - QA - IT QA Head, Privacy Officer and BISO (Business
with a validity period until March 20, 2028. Information Security Officer)
• Programmer/Analyst, USI/IBM Jakarta (1992-1993).
History and Legal Basis of Appointment
First appointed as Director as of the effective date of the Affiliation
merger, namely 1 February 2019 and reappointed through No affiliation with members of the Board of Directors, the
the Annual GMS dated 15 February 2019 and 21 April 2022. Board of Commissioners, and the Controlling Shareholder.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 91
Page 94
Company Profile
Profile of the Board of Directors
Hanna Tantani
Director
Warga Negara Concurrent Position
Indonesian Commissioner of PT Summit Oto Finance
Domicile Work Experience
Jakarta • Chief Financial Officer, PT Bank Tabungan Pensiunan
Nasional Tbk (2018-2019)
Age • Director of Finance, PT Bank HSBC Indonesia
57 years as of the end of Fiscal Year 2024 (2014-2018)
• SVP MI Planning & Analysis, KCBA HSBC Indonesia
Educational Background (2009-2014)
• Master’s degree in Business Administration from • Financial Controller, Standard Chartered Bank
Australian Graduate School of Management, University (2008-2009)
of New South Wales, Australia (1993) • Market Controller, American Express Bank (2004-2008)
• Bachelor’s degree (Sarjana) in Economics-Accounting • Staff, Credit Operations & Trade Services, Management
from Universitas Airlangga (1990) Accountant, Manager Treasury OperationS, AVP
Treasury Services, VP Global Payment & Cash
Certification Management, VP Credit Operation VP Area Finance,
Risk Management Certification Level 7, issued by BSMR HSBC (1990-2004)
with a validity period until March 20, 2028.
Affiliation
History and Legal Basis of Appointment No affiliation with members of the Board of Directors, the
First appointed as Director based on Extraordinary GMS Board of Commissioners, and the Controlling Shareholder.
dated 11 September 2019 and reappointed through the
Annual GMS dated 21 April 2022
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Page 95
Company Profile
Change in Composition of
the Board of Commissioners
COMPOSITION OF THE BOARD OF COMMISSIONERS
Before Change After Change Basis of Change Reason of Change
Chow Ying Hoong Chow Ying Hoong - In 2024, the additional member
(President Commissioner) (President Commissioner) to the Board of Commissioners,
namely Marita Alisjahbana
Takeshi Kimoto Takeshi Kimoto - (Independent Commissioner),
(Commissioner) (Commissioner) was appointed through an
Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan - Extraordinary General Meeting
(Independent Commissioner) (Independent Commissioner) of Shareholders on August 29,
2024. The reason behind this
Onny Widjanarko Onny Widjanarko - change was to increase the
(Independent Commissioner) (Independent Commissioner) composition of Independent
Commissioners at SMBC
Edmund Tondobala Edmund Tondobala -
Indonesia.
(Independent Commissioner) (Independent Commissioner)
Ongki Wanadjati Dana Ongki Wanadjati Dana -
(Commissioner) (Commissioner)
Marita Alisjahbana Deed No. 02 dated 3
(Independent Commissioner) September 2024
COMPOSITION OF THE BOARD OF DIRECTORS
Before Change After Change Basis of Change Reason of Change
Henoch Munandar Henoch Munandar - No change.
(President Director) (President Director)
Kaoru Furuya Kaoru Furuya -
(Deputy President Director) (Deputy President Director)
Darmadi Sutanto Darmadi Sutanto -
(Deputy President Director) (Deputy President Director)
Dini Herdini Dini Herdini -
(Compliance Director) (Compliance Director)
Atsushi Hino Atsushi Hino -
(Director) (Director)
Keishi Kobata Keishi Kobata -
(Director) (Director)
Merisa Darwis Merisa Darwis -
(Director) (Director)
Hanna Tantani Hanna Tantani -
(Director) (Director)
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 93
Page 96
Company Profile
Profile
of Executive Officers
First Joined
No. Name Education University Position
SMBCI
1 Naoki Watanabe S1 University of Tsukuba 2021 Corporate Banking 2 Head
2 Karinda Listyani Rachmana S1 Ritsumeikan Asia Pacific 2019 Corporate Banking 3 Head
University
3 Naoki Takeshita S1 Osaka University 2024 Corporate Banking 4 Head
4 Hideaki Asatsu S1 Osaka University 2022 Corporate Banking 5 Head
5 Wibowo Kurniawan S1 Universitas Bina Nusantara 2019 Corporate Banking 6 Head
6 Virni Anggia Septiranti S1 Institut Ilmu Sosial Ilmu Politik 2019 KYC Onboarding Head
Jakarta
7 Chandra Murprabowo S1 Institut Teknologi Sepuluh 2019 Corporate Banking Business
Mudjib Nopember Surabaya Planning Head
8 Riyanthi Annisaa S2 Macquarie University 2019 Corporate Banking Loan
Reviewer Head
9 Fifi S1 Tokyo International University 2019 Corporate Banking Credit
Analyst Head
10 Husan Mahjudin S1 Universitas Trisakti 2019 Corporate Credit Middle Office
Head
11 Theodora Ikke Gratcia S1 Universitas Indonesia 2021 Transaction Legal Team Head
12 Hendra Kuncoro Jati S2 University of Technology Sydney 2019 Corporate Credit Portfolio &
Support Team Head
13 Ir Nathan Christianto S2 University of Groningen, The 2019 Head of Wholesale, Commercial
Netherlands & Transaction Banking
14 Jevan Purnawan S2 University of Manchester 2019 Transaction Banking & Supply
Chain Head
15 Moses Ronald Supardi S3 Leiden University 2019 Wholesale Banking Head
16 Warni S1 Stiba Persada Bunda Pekanbaru 2019 Commercial Banking & WFB
Head
17 Ahmad Zacky Hendarman S1 Institut Teknologi Bandung 2019 Wholesale Banking Business
Planning Head
18 Adityo Haryono S1 Boston University 2020 Structured Finance Head
19 Denti Irfiano Irman S2 Monash University, Australia 2019 Syndications & ESG Solutions
Head
20 Endang Triningsih D3 ASMI 2023 Wholesale Banking Project
Management_2
21 Wiwig Wahyu Santoso S2 CSU Fullerton 2019 Head of Treasury
22 So Hirahara S1 Kyushu University 2023 Treasury ALM & Planning Head
23 Adi Erianto S2 Monash University, Australia 2019 Treasury Assets & Liabilities
Management Head
24 Rhendy Soemitro Zoro S2 Institut Teknologi Bandung 2023 Treasury Trading Head
25 Slamet Riyadi S. S1 Perbanas Institute 2019 Treasury Marketing Head 1
26 Dadang Suryana S2 Institut Teknologi Bandung 2024 Treasury Marketing Head 2
27 Sutan Alamsaputra Ad S1 Universitas Indonesia 2019 Treasury Planning Head
28 Iman Nurman S2 Institut Teknologi Bandung 2022 Treasury Products Management
Head
29 Jeffrey Cheanandro Tjoeng S1 Oklahoma State University 2020 Head of Business Banking
30 Ririn Rianti S1 IPB Bogor 2014 Business Banking Credit Risk
Head
31 Novri Irza Hidayattullah S1 Universitas Gadjah Mada 2019 Business Banking Governance,
Process & Support Head
32 Margareth P. Santosa S2 Universitas Indonesia 2019 SME Head
94 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 97
Company Profile
First Joined
No. Name Education University Position
SMBCI
33 Anita Natalia S1 Universitas Trisakti 2013 Business Banking Strategy
Head
34 Charles Anthony Bunaidi S1 Pensicola Christian College 2022 Business Banking Digital &
Business Development Head
35 Dicky Deniawan S1 Universitas Indonesia 2019 Business Banking Remedial
Head
36 Takeshi Nishimura S1 Ritsumeikan University 2023 Business Banking Cross
Collaboration Head
37 Kamaluddin S1 Universitas Indonesia 2021 Tax Management Head
38 Arif Suseno S1 Universitas Indonesia 2019 Financial Controller
39 Hendra Gunawan S1 Universitas Tarumanagara 2021 Strategy Implementation Head
40 Lia Asoka S1 Unika Atmajaya 2021 Finance Risk, Control &
Governance Head
41 Elsa Ariany Setyadi S1 Universitas Tarumanagara 2023 Financial Planning &
Performance Head
42 Kenji Okada S1 Kyoto University 2021 Alignment & Synergy Planning
Head
43 Yuta Ohara S1 Okayama University 2022 Sustainable Business Strategy
Head
44 Yuki Katsuhara S1 Ritsumeikan University 2024 Sustainable Business Strategy 1
45 Sendiaty Sondy Se S1 Universitas Trisakti 2012 Head of Risk Management
46 Wahyu Nugroho Y.A.S S2 Perbanas 2021 Portfolio Management & Policy
Head
47 Heru Rustanto, SE S2 Universitas Tarumanagara 2014 Operational & Fraud Risk
Management Head
48 Deni S2 Universitas Indonesia 2019 Market & Liquidity Risk
Management Head
49 Keisuke Heima S2 Kyoto University 2022 Risk Management Planning
Head
50 Buyung Bachtiar S1 Universitas Bina Nusantara 2019 Cyber Security Risk
Management Head
51 Tasuku Tanaka S1 The University of Tokyo 2023 Credit Risk Head
52 Jenny Susanto S1 Monash University, Australia 2019 Corporate Banking Credit Risk
Head
53 Eddy Satria Nugraha S2 Sekolah Tinggi Manajemen 2024 Commercial Banking Credit Risk
Sembiring Prasetiya Mulya (Jakarta) Head
54 Tubagus Dimas Andriadie S2 Magister Management 2019 Risk Management Consolidation
Agribisnis - Institut Pertanian Head
Bogor
55 Hari Suci Yuliastuti S1 Universitas Gadjah Mada 2019 Anti Money Laundering & CFT
Head
56 Butet Sondang Sitepu S2 Universitas Gadjah Mada 2009 Compliance Head
57 Eneng Yulie Andriani S2 Universitas Indonesia 2019 Corporate Secretary Head
58 Argo Wibowo S2 Universitas Indonesia 2011 General Counsel
59 Andrie Darusman S1 Universitas Indonesia 2015 Communications & Daya Head
60 Nezu Emiri S1 Ritsumeikan University 2024 AML Group Governance Head
61 Arif Muhammad Fatwaddin S1 Universitas Mataram 2013 Operations Transaction Center
Head
62 Radhar Hasti Handayani S1 Universitas Katolik Parahyangan 2008 Operations Development Head
63 Ridwan Nugraha S2 Universitas Katolik Indonesia 2011 Operations Distribution &
Atma Jaya Jakarta Account Services Head
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 95
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Company Profile
Profile of Executive Officers
First Joined
No. Name Education University Position
SMBCI
64 Joko S2 Institut Teknologi Bandung 2015 Operations Control Assurance
Head
65 Puri Andiyapuri Agustinar S1 Universitas Padjajaran 2019 Reporting, Settlement & Access
Management Head
66 Bambang Anugerah S1 Universitas Trisakti - Jakarta 2024 General Services Head
Rachmad
67 Jeny Mustopha S2 Emeritus Institute of 2020 Head of Information Technology
Management
68 Jufri D3 Alexander Collage - Perth, 2013 IT Strategic Planning & Data
Western Australia Management Head
69 Andi Febri Cahyo S2 Universitas Indonesia 2008 IT Retail Banking & Corporate
Functions Enablement Head
70 Hayato Inoue S2 Graduate School of Tsukuba 2021 IT Corporate Banking
Enablement Head
71 Joko Kurniawan S1 Binus Business School 2010 IT Digital Service Enablement
Head
72 Akira Kuwata S2 Keio University 2023 IT Governance Management
Head
73 Iman Triono S2 Gunma University 2019 IT Transaction Management
Head
74 Mira Fitria S2 London School of Economic 2020 Head of Human Resources
and Political Science, Uk
75 Yvonne Febrina Syofyan S2 Golden Gate University 2019 HRBP Head Corporate Banking
76 Denty Avianty S2 Universitas Indonesia 2015 Strategic HR Management Head
77 Myrna May Witarka S2 Strathclyde University Glasgow 2022 HRBP Head Operations &
Uk Technology And Support
Functions
78 Jemmy Maruto S1 Universitas Bina Nusantara 2020 HR Technology & Services Head
79 Debbie Gracia Retnoningsih S2 Thunderbir, Graduate School of 2015 HRBP Head Retail Banking
International Management
80 Anke Subandy S2 Edith Cowan University 2024 Head Of Internal Audit
81 Willy Johan Widjaja S. S2 Bina Nusantara 2016 IT, Digital Banking & Analytics
Audit Head
82 Bernanta Budi Danardana S1 Universitas Indonesia 2019 Audit Methodology, QA &
Development Head
83 Dessy Natalia S1 STIE Malangkucecwara 2012 Credit Audit Head
84 Stefanus Rudy Kristianto S1 Institut Pertanian Bogor 2013 Operations Audit Head
85 Ratih Wulan Indrawati, SP S1 Institut Pertanian Bogor 2022 Wealth Management &
Corporate Functions Audit Head
86 Purnomo B. Soetadi S3 Universitas Padjadjaran 2023 Head of Retail Lending Business
87 Tri Sujatioadi S1 Institut Teknologi Bandung 2010 Digital & Business Solution
Head RLB
88 Ari Purnomo S2 RMIT University 2024 Micro Business & Joint Finance
Head
89 Alfin Mufianto S1 Universitas Padjajaran 2012 Sales Management & Capability
Head RLB
90 Astri Piesca Rini S1 Institut Teknologi Bandung 2023 Product & Portfolio Management
Head RLB
96 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 99
Company Profile
First Joined
No. Name Education University Position
SMBCI
91 Helena S1 Intstitut Pertanian Bogor 2024 Head Of Wealth Management
Business And Network
&Distribution
92 Rudyanto Kemal S1 Universitas Gajah Mada 2009 Sales Management Head WMB
93 Aegeus Hutama Soewito S2 Universitas Indonesia 2020 Wealth Product Management
Head WMB
94 Chairul Sani S1 Universitas Islam Sumatera 2023 Sales Distribution WMB &
Utara National Distribution Head 1
95 Elvie Iskandar S1 Universitas Tarumanagara 2008 Liabilities & Digital Management
Head WMB
96 Sanny Kumalasari S2 Unika Atma Jaya 2019 Customer Experience Head
WMB
97 Rio Yussac Lopa S1 Purdue University 2021 Network Management Head
98 Bambang Joko Susilo S1 Universitas Trisakti 2014 Customer Contact Center Head
99 Enrico Novian S1 Universitas Indonesia 2023 Branch Service Distribution
Head
100 Fajar Septianto S1 Universitas Jenderal Sudirman 2009 Operation Excellence Head
101 Ayudia Ikawati Binarso S2 Stirling University, Scotland 2024 Customer Experience Head
Mochtar
102 Frenky Guslove S1 President University 2015 Digital Banking Solution Head
103 Irwan Sutjipto Tisnabudi S1 The University of New South 2016 Head of Digital Banking
Wales
104 Neni Veronica S1 Universitas Katolik Parahyangan 2024 Digital Banking Partnership
Head
105 Salvy Gunawan S1 Curtin Uni of Technology 2021 Digital Banking Business
Performance & Customer Value
Management Head
106 Anita Ekasari. C S2 Binus Business School 2024 Jenius Business Stream Head
107 Febri S2 Prasetiya Mulya 2015 Digital Banking Product &
Innovation Head
108 Citra Paramita S2 Prasetiya Mulya 2022 Retail Banking Digital Strategy
Head
109 Kosuke Shimada S2 Strathclyde Business School 2021 Digital Banking Alignment &
Sinergy Head
110 Adil Pamungkas S1 UPN Veteran Yogjakarta 2020 Retail Banking Risk Head
111 Erliana Tandoko S1 Institut Pertanian Bogor 2015 Retail Banking Strategy &
Planning Head
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 97
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Company Profile
Employee
Statistics
Until the end of fiscal year 2024, the total employees at SMBC Indonesia reached 6,491 with details as follows:
Total Employees based on Employment Status
Employment Status 2024 2023 2022
Permanent 6,196 6,346 6,584
Contract 295 290 388
Total 6,491 6,636 6,972
Total Employees based on Gender
Gender 2024 2023 2022
Male 3,570 3,695 3,975
Female 2,921 2,941 2,997
Total 6,491 6,636 6,972
Total Employees based on Education Level
Education 2024 2023 2022
< D1-D3/Academy 760 844 958
S1/Bachelor’s degree 5,379 5,467 5,692
S2-S3/Master’s degree 352 325 322
Total 6,491 6,636 6,972
Total Employees based on Position Grade
Position Grade 2024 2023 2022
Grade 2-7 (Clerical) 961 1,224 1,556
Grade 8-9 (Officer/Supervisor) 1,600 1,590 1,596
Grade 10-13 (Management) 2,983 2,891 2,919
Grade 14-15 (Senior Management) 750 743 718
Grade 16-18 (Top Management) 187 178 173
Grade BOM (Board Management) 10 10 10
Total 6,491 6,636 6,972
Number of Employees based on Years of Service
Years of Services 2024 2023 2022
0 - < 1 Year 918 1,222 1,377
> 1 - < 3 Years 1,033 758 1,081
> 3 - < 5 Years 830 933 504
> 5 - < 10 Years 1,407 1,758 2,177
> 10 - < 20 Years 2,134 1,763 1,590
> 20 Years 169 202 243
Total 6,491 6,636 6,972
98 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Total Employees based on Directorate/Division
Directorate/Division 2024 2023 2022
Alignment & Synergy Planning 8 - -
Business Banking 511 559 600
Corporate Banking - Japanese 162 115 101
Credit Risk - 74 71
Digital Banking 458 461 420
Executive Secretary to Retail Banking Director - 1 -
Human Resources 136 107 106
Internal Audit 63 59 50
Compliance & Legal 117 119 116
Finance & Planning 85 88 82
Risk Management 97 56 51
Micro Business - - 553
Operations - 2,367 2,491
Operational & Technology 948 - -
Retail Banking Analytics, Planning & Process Excellence - 38 42
Retail Banking Risk 769 632 622
Retail Banking Strategy & Planning 43 - -
Retail Lending Business 895 935 640
Secretary to Deputy President Director - 1 1
Sustainable Business Strategy 2 - -
Information Technology - 475 492
Treasury 42 40 35
Wealth Management Business and Network & Distribution 1,970 331 346
Wholesale Banking 185 178 153
Total 6,491 6,636 6,972
Total Employees based on Age
Age 2024 2023 2022
< 25 Years 235 228 274
25-29 Years 907 1,000 1,079
30-34 Years 1,325 1,443 1,621
35-39 Years 1,571 1,655 1,756
40-44 Years 1,339 1,272 1,204
45-49 Years 672 601 606
50-54 Years 417 417 413
55-59 Years 23 19 19
> 60 Years 2 1 0
Total 6,491 6,636 6,972
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 99
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Company Profile
Majority and Controlling
Shareholder
Sumitomo Mitsui Financial Group
(SMFG)
Public Sumitomo Mitsui Banking PT Bank Negara PT Bank Central
(< 5%) Corporation (SMBC) Indonesia (Persero) Tbk Asia Tbk
7.81% 91.05% 0.11% 1.03%
PT Bank SMBC Indonesia Tbk
1.00%
70.00% 51.00% 51.00%
PT Bank BTPN Syariah Tbk PT Oto Multiartha PT Summit Oto Finance
99.00%
PT BTPN Syariah Ventura
As of 31 December 2024
Note:
End Shareholders
Controlling Shareholders
100 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
End
Shareholders
SUMITOMO MITSUI FINANCIAL GROUP With the Head Office in Tokyo, SMFG operates in
the management of banking subsidiaries and other
Sumitomo Mitsui Financial Group, Inc. (“SMFG”), companies that can be treated as subsidiaries based on
established on 2 December 2002 as the parent entity of the provisions of Japanese Banking Laws. In
Sumitomo Mitsui Banking Corporation (“SMBC”), is addition, SMFG carries out ancillary functions, as well
the Controlling Shareholder of BTPN. SMFG shares are as functions that can be executed by banking holding
listed in the Tokyo Stock Exchange (First Section) and companies under the regulations of the Japanese
Nagoya Stock Exchange (First Section). Banking Laws.
The Business Mission of SMFG is to grow and prosper Companies within the SMFG business group are mainly
together with customers by providing services of higher operating in commercial banking through such financial
value to the customers; to maximize the value of the services as follows: leasing, securities, consumer
shareholders through sustainable business growth as financing, finance, system development data processing
well as to create a working environment that supports and asset management
and respect diligent and highly motivated employees.
For further information, please visit
www.smfg.co.jp.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 101
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Company Profile
Controlling
Shareholders
SUMITOMO MITSUI BANKING With the head office in Tokyo, Japan, SMBC is one of
CORPORATION the biggest banks in Japan with its business network
spread throughout several regions of the world, such
Sumitomo Mitsui Banking Corporation (“SMBC”) was as Australia, Europe, Canada, Brazil, and Indonesia.
established in April 2001 through the merger of two SMBC and its group of companies offer various financial
prominent banks: The Sakura Bank Limited and the services that focus on banking. SMBC retains its
Sumitomo Bank Limited. Sumitono Mitsui Financial banking business in 16 countries other than its home
Group, Inc. was established in December 2002 as a country of Japan. They are also engaged in such other
bank holding company through a share transfer, and lines of business as leasing, securities, credit card,
SMBC became fully owned by SMFG. In March 2003, investment, Housing Credit securities, joint venture, and
SMBC merged with The Wakashio Bank, Ltd. other-related credit business.
In Indonesia, aside from SMBC Indonesia, SMBC
also retains investment in several other companies,
namely PT SMFL Indonesia, PT Ina Sekuritas Indonesia
(previously as PT Nikko Sekuritas Indonesia), and
PT SBCS Indonesia.
For further information, please visit
www.smbc.co.jp.
SHAREHOLDER COMPOSITION AS OF 31 DECEMBER 2024
Shareholder Number of Share Percentage (%)
Sumitomo Mitsui Banking Corporation 9,692,826,975 91.05
PT Bank Central Asia Tbk 109,742,058 1.03
PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.11
Public (<5%) 831,369,578 7.81
Total 10,645,945,748 100.00
102 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
COMPOSITION OF 20 LARGEST SHAREHOLDERS
No. Shareholder Total Shares Percentage (%)
1 Sumitomo Mitsui Banking Corporation - EQ 9,692,826,975 91.05
2 UBS AG London Branch Equities House -214 400,000,000 3.76
3 Barclays Capital Securities Limited SBL/ 200,033,900 1.88
4 Citigroup Global Market Ltd S/A CGML Pro 200,000,000 1.88
5 PT Bank Central Asia Tbk 109,742,058 1.03
6 PT Bank Negara Indonesia (Persero) Tbk 12,007,137 0.11
7 Christian Santoso 1,706,600 0.02
8 Henry Gunawan Cahyono Putro 1,600,087 0.02
9 Caceis Bank, Ireland Branch / Nichejungl 1,350,566 0.01
10 Jany Candra 1,202,400 0.01
11 Cayuga Pacific Group Limited 1,177,500 0.01
12 Engelbert Winoto 1,173,700 0.01
13 Kamajaya 934,600 0.01
14 Ongki Wanadjati Dana 860,804 0.01
15 Linda Sulistyaningsih, BCS 808,700 0.01
16 Djoko Susanto 542,500 0.01
17 PT. Timur Nusa Niagajaya 472,100 0.00
18 Andy Tanujaya 415,700 0.00
19 Stephanie Alicia Taraga 405,800 0.00
20 Hendry Sunito 364,100 0.00
NUMBER OF SHAREHOLDERS AND PERCENTAGE OF 5% OR MORE
BASED ON CLASSIFICATION
Shareholder Number of Share Percentage (%)
Foreign Companies 9,692,826,975 91.05
Total 9,692,826,975 91.05
NUMBER OF SHAREHOLDERS AND PERCENTAGE < 5% BASED ON
CLASSIFICATION
Shareholder Number of Share Percentage (%)
Foreign Companies 803,045,074 7.54
Bank 122,311,695 1.15
Pension Fund 117,500 0.00
Foreign Individuals 191,700 0.00
Indonesian Individuals 26,389,664 0.25
Limited Liability Companies 1,063,140 0.01
Total 953,118,773 8.95
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 103
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Company Profile
Majority Shareholders
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND THE BOARD OF
DIRECTORS
Direct
Direct share ownership by members of the Board of Commissioners and the Board of Directors of the Bank comes
from the Material Risk Taker program.
Name Total Shares Percentage (%) Status
Board of Commissioners
Chow Ying Hoong 0 0.000 President Commissioner
Takeshi Kimoto 0 0.000 Commissioner
Ninik Herlani Masli Ridhwan 0 0.000 Independent Commissioner
Onny Widjanarko 0 0.000 Independent Commissioner
Edmund Tondobala 0 0.000 Independent Commissioner
Ongki Wanadjati Dana* 860,804 0.008 Commissioner
Marita Alisjahbana 0 0.000 Independent Commissioner
Board of Directors
Henoch Munandar 175,256 0.002 President Director
Kaoru Furuya 4,500 0.000 Vice President Director
Darmadi Sutanto 90,620 0.001 Vice President Director
Dini Herdini 120,072 0.001 Director of Compliance
Atsushi Hino 1,500 0.000 Director
Keishi Kobata 1,500 0.000 Director
Merisa Darwis 223,858 0.002 Director
Hanna Tantani 149,654 0.001 Director
* Share ownership comes from the Material Risk Taker program while in office as member of the Board of Directors of the Bank.
Indirect
All members of the Board of Commissioners and the Board of Directors have no indirect ownership of SMBCI shares.
Nevertheless, there are direct ownerships as shown by the table in the above section.
104 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
List of
Subsidiaries
Name of Company Name of Company
PT Bank BTPN Syariah Tbk PT BTPN Syariah Ventura
Ownership Ownership
70% • Direct Ownership: 1% (based on Notarial
Deed No. 02, dated 2 June 2022)
Line of Business • Indirect Ownership through PT Bank BTPN
Sharia Banking Syariah Tbk: 69.3%
Type Legal Entity Line of Business
Limited Liability Company Capital Venture
Head Office Address Type Legal Entity
Menara SMBC, Lantai 12 Limited Liability Company
CBD Mega Kuningan
Jl. Dr. Ide Anak Agung Gde Agung, Kav. 5.5-5.6 Head Office Address
South Jakarta 12950 Jl. Radio Dalam No. 100
Kebayoran Baru - South Jakarta
Total Asset 2024
Rp21.75 trillion Total Asset 2024
Rp308.421 billion
Operation Status
Operational Operation Status
Operational
Name of Company Name of Company
OTO SOF
Ownership Ownership
51% 51%
Line of Business Line of Business
Financing Financing
Type Legal Entity Type Legal Entity
Limited Liability Company Limited Liability Company
Head Office Address Head Office Address
Gedung Summitmas II Lt. 8 Gedung Summitmas II Lt. 8
Jl. Jenderal Sudirman Kav. 61-62 Jl. Jenderal Sudirman Kav. 61-62
Jakarta 12190 Jakarta 12190
Total Asset 2024 Total Asset 2024
Rp15.680.599 (million) Rp15.065.078 (million)
Operation Status Operation Status
Operational Operational
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 105
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Company Profile
Areas of
Operation
OFFICE NETWORK
Description Total
Operational Head Office 1 Branch Offices
Non-Operational Regional Office
Branch Office 58
9
58 Offices
Supporting Branch Office 183
Functional Office
• Operational Functional Office 1
• Non-Operational Functional Office -
Sub-Branch Offices
Total Office Network 252
ATM
TCR
217
-
183 Offices
Payment Point 15
Total Office Network & ATM 469
ATM
217 Units
BRANCH OFFICE ADDRESS
No. Branch Office Address Telephone Facsimile
1 A. Yani Jl. Jend.Achmad Yani 618 Bandung (022) 7211693, 7278887 (022) 7278900, 7278901
2 Bandung Jl. Lengkong Besar No. 38 Bandung (022) 4205397, 4207582 (022) 4207583
3 Garut Jl. Merdeka No. 84-A Garut (0262) 232749, 231349, (0262) 235447
232092
4 Tasikmalaya Jl. KH.Z.Mustofa 289 Tasikmalaya (0265) 336786 (0265) 332049
5 Sukabumi Jl. R.E. Martadinata 51 Sukabumi (0266) 221053 (0266) 221184
6 Cirebon Jl. Dr.Wahidin Sudirohusodo 72 Cirebon (0231) 208030, 208224, (0231) 209591
205022
7 Jakarta (Gn.Sahari) Jl.Gunung Sahari Raya 87 Jakarta (021) 4211311 (021) 4204150
8 Wisma Indomobil 2 Wisma Indomobil 2, Jl. MT Haryono Kav 9, Kel. (021)25567035 (021)8573535
Bidara Cina, Kec. Jatinegara, Jakarta Timur
9 Bogor Jl. Raya Pajajaran No.63 Bogor (0251) 8373149, 8373150 (0251) 373151/2
10 Serang Jl. KH. Tb. A. khatib 43 Serang (0254) 203282 (hunting) (0254) 208794
11 Kebayoran Baru Jl. Petogogan II no. 6-8 Blok A Jakarta Selatan (021) 2702782, 72795313 (021) 2702782, 72795313
12 Cililitan Jl. Dewi Sartika No. 46, Kel. Cililitan Kec. (021) 80875102-5 (021) 80875106
Kramat Jati, Jakarta Timur
13 Pontianak Jl. Gajah Mada No. 153-157 Kode Pos 78121 (0561) 748236 (0561) 761529, 760058
Pontianak
106 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
No. Branch Office Address Telephone Facsimile
14 Depok Jl. Margonda Raya No. 77 Depok (021) 7777357 (021) 7777358
15 Banjarmasin Jl.Jend A. Yani No. 240 Km 3,5 Banjarmasin (0511) 3256912-5 (0511) 3256916
16 Samarinda Jl. Pahlawan No. 88 - 89, RT 27, Kel. Dadi (0541) 201030 (0541) 200930
Mulya, Kec. Samarinda Ulu, Kota Samarinda
17 Palangkaraya Jl. Cilik Riwut KM. 1 No. 30 Palangkaraya (0536) 3242682 (0536) 3242492
18 Balikpapan Jl. Ahmad Yani No. 10, RT 045, Kel. Gunung (0542) 428100 (0542) 417676
Sari Ilir, Kec. Balikpapan Tengah, Balikpapan
19 Magelang Jl. Diponegoro 18 Magelang (0293) 362425 (0293) 363431
20 Semarang Jl. MT. Haryono No. 715 Semarang (024) 8454592-93-94 (024) 8454591, 8319135
21 Kudus Jl. P. Sudirman 117 Kudus (0291) 439286 (0291) 435002
22 Tegal Jl. Dr. Soetomo 24 Tegal (0283) 352520 (0283) 352522
23 Yogyakarta Jl.Bintaran Tengah No.15 Yogyakarta (0274) 377228 (0274) 370137
24 Surakarta Jl.Brigjen Slamet Riyadi No. 526 Surakarta (0271) 719203, (0271) 724580, 715668,
724581,724582 722630
25 Purwokerto Jl. Wiriaatmaja No. 16, Desa Kedungwuluh, (0281) 632038 (0281) 632037
Kec. Purwokerto Barat,Kabupaten Banyumas
26 Surabaya Jl. Indrapura No.1 EFG Surabaya (031) 3533054, 3533058 (031) 3532035
27 Kertajaya Jl. Kertajaya 30 Surabaya (031) 5017537 (031) 5019484
28 Denpasar Jl. Letda Tantular No. 1 Rukan Dewata Square (0361) 233344 (Hunting) (0361) 233336
No. A21-A23 Denpasar
29 Mataram Jl. Pejanggik No. 86 Mataram (0370) 629844, 629845, (0370) 629847
629848
30 Kupang Jl. Irian Jaya, RT. 11/RW 03, Kel. Fatubesi, (0380) 832999 (0380) 833368
Kec. Kelapa Lima, Kota Kupang
31 Malang Jl. Jaksa Agung Suprapto No. 63 Malang (0341) 362963 (0341) 340413
32 Madiun Jl. Salak Raya 65 Madiun (0351) 462974 (0351) 453311
33 Jember Jl. Kalimantan 18-A Jember (0331) 335237 (0331) 335701
34 Kediri Jl. Brigjen Katamso 32 Kediri (0354) 685990 (0354) 673553
35 Medan Jl Putri Hijau No. 20 Medan (061) 4151655 (061) 4151711, 4522566
36 Pematang Siantar Jl. Sutomo No. 5/II Pematang Siantar (0622) 21762 (0622) 431957
37 Sibolga Jl. Putri Runduk No. 10, Kel. Pasar Belakang, (0631) 21112
Kec. Sibolga, Kota Sibolga
38 Padang Jl. Khatib Sulaiman No. 45, Kel. Belanti Barat, (0751) 7050655 (0751) 446360
Kec. Padang Barat, Padang
39 Bukittinggi Jl. Profesor M. Yamin No. 9 A/B/C/D, (0752) 8100567 (0752) 8100568
Kelurahan Aur Kuning, Kecamatan Aur Birugo
Tigo Baleh, Kota Bukittinggi
40 Batam Kota Compound of Raflesia Business Centre Block 0778 – 424893 (0778) 4173224, 4173225,
G No. 1, Kel. Teluk Tering, 4173226
Kec. Nongsa, City of Batam
41 Pekanbaru Jl. Jenderal Sudirman No.484 C-D, Pekanbaru (0761) 839445 (0761) 839609
42 Jambi Jl. Prof. M. Yamin, SH No. 32-34, RT. 13/ (0741) 668849 (0741) 668596
RW.04, Kel. Payo Lebar, Kec. Jelutung, Jambi
43 Bandar Lampung Jl. Wolter Mongonsidi No.15 Bandar Lampung (0721) 267445 (0721) 267448
44 Palembang Jl. Jend. Sudirman No. 16 Palembang (0711) 360548, 360547 (0711) 360549
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 107
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Company Profile
Areas of Operation
No. Branch Office Address Telephone Facsimile
45 Bengkulu Jl. Jenderal Ahmad Yani No. 925, (0736) 28776 (0736) 28769
Kel. Jitra, Kec. Teluk Segara, Bengkulu
46 Makassar Jl. G. Bawakaraeng 170-176 Makassar (0411) 4585, 449073,
435911
47 Parepare Jl. Sultan Hasanuddin No. 12 dan 13, (0421) 24582 (0421) 22943
Kel. Ujung Sabbang, Kec. Ujung, Parepare
48 Manado Jl. Dr.Sam Ratulangi 100-102 Manado (0431) 854102, 854104, (0431) 864401, 866615
856346, 856347, 852339
49 Ternate Jl. Hasan Esa No. 87, Kelurahan Tanah Tinggi, (0921) 3110787
Kecamatan Ternate Selatan, Kota Ternate,
Maluku Utara
50 Kendari Jl. DR. Sam Ratulangi No. 10, RT 001/RW 001, (0401) 3129111 (0401) 3129111
Kelurahan Mandonga, Kecamatan Mandonga,
Kota Kendari, Sulawesi Tenggara
51 Palu Jl Prof. M Yamin Nomor 114, Paluta Building (0451) 454565 (0451) 454054
Blok A1,A2,A3, Kel. Tatura Utara, Kedungdoro
Kec. Palu Selatan, Palu
52 Ambon Jl. Anthony Rhebok No. 41, Kel. Honipopu, (0911) 345806
Kec. Sirimau, Kota Ambon, Provinsi Maluku
53 Jayapura Jl. Raya Abepura – Kotaraja No. 51A – 51B (0967) 531324 (0967) 531323
(Samping Kantor Askes/BPJS), Kecamatan
Abepura, Kota Jayapura
54 Juanda Jl. Ir. H. Juanda No. 8 Bandung (022) 4268100 - 01 (022) 4206749
55 Panglima Polim Jl. Panglima Polim Raya No. 67 A-B, (021) 7234388 (021) 7234377
Kebayoran Baru, Jakarta
56 Zainul Arifin Medan Jl. K.H. Zainul Arifin No. 25, Medan (061) 4574034 (061) 4574022
57 Pandanaran Jl. Pandanaran No. 23, Kelurahan Randusari, (024) 86453203, 86453204 (024) 86453200
Kecamatan Semarang Selatan, Semarang
58 Diponegoro Jl. Ciliwung No. 9, Kel. Darmo, Kec. (031) 5621172, 5621173, (031) 5621080,5621030
Wonokromo, Surabaya 5621205, 5664555
BUSINESS PARTNER NETWORK
Business Partner Total
Individual
• Domestic 37
• Foreign -
Institutional
• Domestic 558
• Foreign 21
Sub Total 616
108 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Membership in
Associations
Association Position
Indonesian Issuers Association Member
National Banks Association (PERBANAS) Member
Indonesian International Banks Association (PERBINA) Member
Banking Compliance Director Communication Forum (FKDKP) Member
Payment Systems Association (ASPI) Member
Indonesian Corporate Secretary Association (ICSA) Member
Indonesia Sustainable Finance Initiative (IKBI) Member
Indonesia Business Coalition for Women Empowerment Member
Chronology of
Shares Listing
The chronology of SMBC Indonesia’s shares listing on the Indonesia Stock Exchange is presented in the table below:
Date of Listing Corporate Action Nominal/Share (Rp) Exercise Price Additional Shares Total Shares
12 March 2008 Initial Offering 100 2,850 267,960,220 943,936,190
10 December 2010 Public Offering with 100 - 188,787,238 1,132,723,428
Right Issue I
28 March 2011 Stock Split 20 - - 5,663,617,140
14 March 2012 Additional Shares from 20 - 176,670,117 5,840,287,257
IFC Loan Conversion
23 May 2016 Shares Buy Back 20 - - 5,840,287,257
1 February 2019 Total Addition from 20 - - 8,148,916,869
BSMI Shareholder
26 August 2019 Fulfillment of Fee Float 20 3,600 400,000,000 8,148,928,869
Stock Terms
31 December 2019 MESOP 2015: - -
Stage I 20 - -
Stage II 20 - -
Stage III 20 - -
Stage IV 20 - -
Stage V 20 - -
Stage VI 20 - -
31 December 2021 MESOP 2016:
Stage I 20 2,617 10,670,600
Stage II 20 2,617 1,112,900
Stage III 20 2,617 12,000
Stage IV 20 2,617 3,000 8,148,931,869
Stage V 20 2,617 -
Stage VI 20 2,617 175,000 8,149,106,869
22 February 2024 Withdrawal of Treasury 20 - - 8,056,814,671
Shares
26 February 2024 Public Offering wih 20 2,600 2,589,131,077 10,645,945,748
Right Issue II
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 109
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Company Profile
Chronology of Other
Securities Listing
Date of Rating
Name of Obligation Principle Value Interest Currency Maturity Date Rating Period
Issue 2024 2023
Public Offering of Bank 27 201,000,000,000 7.75 IDR 26 November AAA (idn) AAA (idn) 13 April
BTPN’s Continuous November 2024 2023 – 13
Bonds IV with Fixed 2019 April 2024
Interest Rate Stage I Year
2019 B Series
Public Offering of Bank 8 July 114,755,000,000 7.00 IDR 5 July 2027 idAAA - 20 March
BTPN’s Continuous 2024 2024 – 1
Bonds V with Fixed March 2025
Interest Rate Stage I Year
2024 A Series
Public Offering of Bak 8 July 240,305,000,000 7.10 IDR 5 July 2029 idAAA - 20 March
BTPN’s Continuous 2024 2024 – 1
Bonds V with Fixed March 2025
Interest Rate Stae I Year
2024 B Series
Public Offering of Bank 18 429,910,000,000 6.70 IDR 17 December idAAA - 20 March
SMBC Indonesia’s December 2027 2024 – 1
Continuous Bonds V with 2024 March 2025
Fixed Interest Rate Stage
II Yar 2024 A Series
Public Offering of Bank 18 966,505,000,000 6.95 IDR 17 December idAAA - 20 March
SMBC Indonesia’s December 2029 2024 – 1
Continuous Bonds V with 2024 March 2025
Fixed Interest Rate Stage
II Yar 2024 B Series
Public
Accounting Firm
Name KAP Siddharta Widjaja & Rekan (a member firm of KPMG International Limited)
Address Jakarta Mori Tower 35th Floor
Jl. Jend. Sudirman Kav. 40-41, Jakarta 10210
Telephone +62 (0) 21 574 2333 / 2888
Assigngment Period Year 2024
Audit Services Provided Financial Statement Audit 31 December 2024
Fees*) Rp9,580,000,000
Non-Audit Services Provided Assurance Services for Proforma Financial Information
Fees *)
Rp498,000,000
Non-Audit Services Provided Comfort Letter Services
Fees *)
Rp1,250,000,000
Non-Audit Services Provided Services for Agreed-Upon Procedures (AUP) in the Context of Complying with the Registration
Regulations for Continuous Public Offerings of Continuous Bonds
Fees*) Rp150,000,000
Non-Audit Services Provided Services for Agreed-Upon Procedures (AUP) in the Context of Complying with Custodian Bank
Regulations
Biaya*) Rp35,000,000
Notes:
*)
excluding VAT and out-of-pocket
110 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Name and Address of Capital
Market and/or Supporting
Institutions
INDEPENDENT AUDITOR TRUSTEE
Public Accountant Firm of Siddharta Widjaja & PT Bank Mega Tbk
Partners (member of KPMG International) Menara Bank Mega
Jl. Kapten P Tendean No. 12-14A
Jakarta Mori Tower 35th Floor
Jakarta 12790 – Indonesia
Jl. Jend. Sudirman No. 40-41 Jakarta 10210
Tel : +62 21 791 75000
Tel : +62 (0) 21 574 2333 / 2888
Fax : +62 21 799 0720
Fax : +62 (0) 21 574 1777 / 2777
SECURITIES ADMINISTRATION BUREAU NOTARY & PPAT
PT Datindo Entrycom Ashoya Ratam, SH, MKn
Jl. Hayam Wuruk No. 28 Jakarta 10120 Kota Administrasi South Jakarta
Tel : +62 21 350 8077 (Hunting) Jl. Suryo No. 54 Jakarta 12180 – Indonesia
Fax : +62 21 350 8078 Telp : +62 21 2923 6060
Fax : +62 21 2923 6070
SECURITIES RATING AGENCY
PT Fitch Ratings Indonesia
DBS Bank Tower, 24th Floor, Suite 2403
Jl. Prof. Dr. Satrio Kav 3-5 Jakarta 12940
Tel : +62 21 2988 6800
Fax : +62 21 2988 6822
PT Pemeringkat Efek Indonesia (PEFINDO)
Equity Tower 30th Floor
Sudirman Central Business Disctrict Lot 9
Jl. Jenderal Sudirman Kav.52-53
Jakarta 12190 - Indonesia
Tel : +62 21 509 684 69
Fax : +62 21 509 684 68
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 111
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Company Profile
Information on
Company Website
Information contained in SMBC Indonesia’s
website complies with the provisions
setforth in the Financial Services Authority
Regulation No. 8/POJK.04/2015 regarding
the Website of Issures or Public Companies.
All information may be accessed by public
through the website www.smbci.com .
112 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Company Profile
Information available, among others, incude the following
Information Link
About Us https://www.smbci.com/id/tentang-kami
• SMBC Indonesia In Brief
• Management
• Ision, Mission, and alues
• Contact Us
• Daya
• Sustainability
• Business Segments
• Contact Us?
• BTPN Syariah
Products and Services https://www.smbci.com/id/tentang-kami#!
• Savings
• Loan
• Banking Transactions
• Investment Products and Bancassurance
• Treasury Solution
• Tarrifs & Fees of Products and Transactions
• Information on Products & Branch Services
News and Media https://www.smbci.com/id/berita-media
• Press Release
• Events
• Special Review
• Customer Success Story
• Blog
• Financial Eucation
Career https://www.smbci.com/id/karir
Investor Relation https://www.smbci.com/id/hubungan-investor
• Publication on Risk Exposure & Capitalization by Category
• Annual Report and Sustainaility Report
• Financial Statement
• Financial Highlights
• Leverage Ratio & Disclosure of Capitalization in Accordance with Basel
Framework
• Information on Investor & Public Expose
• Composition of Shareholders and Group’s Orgnizational Structure
• General Meeting of Shareholders
• Corporate Governance
• Information Transparency
• Corporate Action
• Capital Market Institution & Supporting Profession
• NCR NSFR Report
Interest & Exchange Rate https://www.smbci.com/id/prime-lending-rate/kurs
https://www.smbci.com/id/prime-lending-rate/suku-
• Exchange Rate bunga-dasar-kredit
• Basic Credit Interest Rate
Governance https://www.smbci.com/id/governance
• Management
• Good Corporate Governance
• General Meeting of Shareholders
• Transparency
• Report
• ASEAN Scorecard
SMAR&TS https://finglobelogin.smbc.co.jp/AuthServer/AuthRequest
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 113
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Management Discussion and Analysis 114 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
04
Management
Discussion
and Analysis
116 Economic and Banking Industry 145 Realization of Capital Goods
Review Investment
116 Economic Review 145 Material Information and Facts
Occurring After The Reporting Date
117 Banking Industry Review
118 Performance Review by Business 145 Targets, Realizations, and Projections
Segment 147 Business Prospects
119 Retail Banking 147 Dividend
120 Jenius 148 Long-Term Compensation: Employee
and Management Stock Ownership
122 Retail Lending Business
Program
125 Wealth Management Business
148 Realization of Use of Proceeds from
127 Business Banking The Public Offering
128 Corporate Banking 149 Material Information on Transactions
131 Treasury Related to Investment, Expansion,
Divestment, Acquisition, and Debt/
133 Sharia Banking
Capital Restructuring
135 Profitability by Business Segment
149 Material Transactions Containing
136 Financial Performance Overview Conflict of Interest and/or
137 Financial Balance Sheet Transactions with Affiliated/Related
Parties
141 Profit and Loss Performance
150 Changes in Legislations that Have
142 Cash Flow Significant Impact
142 Ability to Pay Debt 151 Changes in Accounting Policy
143 Prime Lending Rate 151 Compliance As Taxpayer
143 Capital Structure 152 Marketing Aspect
144 Material Commitments Related to 153 Marketing Strategy
Capital Goods Investments
155 Market Share
Amidst the still challenging global
conditions, the national economic
performance is relatively stable, supported
by domestic demand and price stability.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 115
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Management Discussion and Analysis
Economic and Banking
Industry Review
The growth of banking industry credit in
2024 is moving positively, accompanied
by its excellent quality.
Economic growth Banking third party funds
in 2024 YoY growth in 2024 YoY
5.03% 4.5%
The national economic performance remained Third-Party Funds (DPK) accumulated by the
relatively stable, although growth slightly slowed banking sector grew by 4.5% (yoy), reaching IDR
compared to the previous year. 8,837 trillion.
ECONOMIC REVIEW The decline in global inflation in the third quarter of 2024
prompted policy rate cuts at a number of central banks,
Indonesia’s economic recovery continued in 2024 including the US Central Bank, the Fed, which began
amidst the dynamics of high global uncertainty. Global lowering the Federal Funds Rate (FFR) in September
political tensions remained high in early 2024 due to the 2024. This monetary policy easing had a positive
continuing Russia-Ukraine conflict, which intensified impact on global financial markets, characterised by
after Israel’s attack on Palestine. Towards the end of a decline in the US Dollar Index (DXY) from around
2024, the re-election of President Trump in the United 105 in early 2024 to around 101 in September 2024.
States (US) with his America First policy has again However, the election results in the US and continued
increased global uncertainty as it has the potential to geopolitical tensions in the Middle East had a negative
change the geopolitical and economic landscape of the effect on financial markets and altered central bank
world. Various developments related to the US election monetary policies. The reduction in FFR and other
results have increased the fragmentation of global trade central bank interest rates is expected to be smaller
and investment, lowered global economic growth, and than previously forecast. As a result, the US dollar
further increased global financial market uncertainty. exchange rate strengthened sharply again, with the DXY
reaching around 107, while US Treasury yields, which
had previously declined, increased again for all tenors.
116 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
These developments triggered another rise in emerging Indonesia’s Balance of Payments also remained
market bond risk premiums and global financial market healthy in line with the low current account deficit and
volatility, which in turn resulted in a reversal of foreign increasing surplus in the capital and financial account
portfolio flows and led to a weakening of emerging balance, supporting the stability of the Rupiah exchange
market currencies. rate. By the end of 2024, the national economy grew
by 5.03% (yoy). The main support came from public
Indonesia’s economic growth in 2024 remained well consumption, which contributed 54.04% to the total
supported by maintained domestic demand, supported national economy. This component grew by 4.94% (yoy)
by the consistency of Bank Indonesia’s monetary and investment, which is the second largest support,
policy and close coordination with Government policy. rose by 4.61% (yoy).
Development of Several Economic Indicators
Indicator Unit 2024 2023 2022
National GDP Growth (%, (yoy)) 5.03 5.05 5.31
GDP Per Capita (USD) – Nominal 4,960.3 4,919.7 4,798.1
External Current Account % of GDP (0.63) (0.15) 1.00
Central Government Debt % of GDP 39.7 38.11 39.6
Foreign Exchange Reserves-IRFCL (USD Billion) 155.7 146.4 137.2
Foreign Exchange Reserves Capacity (number of months of imports and 6.5 6.5 5.9
external debts)
BI Interest Rate Policy (% year-end) 6.0 6.0 5.5
Consumer Price Index (% year-end) 1.57 2.61 5.51
Fiscal Balance (% of GDP; Fiscal Year) (2.29) (1.65) (2.38)
S&P Rating – Foreign Currency - BBB BBB BBB
BANKING INDUSTRY REVIEW (AL/TPF). In December 2024, its position remained at
25.59%.
According to the Financial Services Authority (OJK),
national banking performance in 2024 was relatively Meanwhile, credit quality is stable, with a gross non-
stable. As of December 2024, credit distribution grew by performing loan (NPL) ratio of 2.08 percent. In contrast,
10.4% (yoy) to Rp7,827 trillion. Meanwhile, Third Party net NPL is 0.74 percent.
Funds (TPF) accumulated by banking were reported to
have increased by 4.5% (yoy), to Rp8,837 trillion. The capital adequacy ratio (CAR) of commercial banks
in Indonesia is recorded at a high level. As of December
Banking liquidity is also relatively adequate, as 2024, its position stood at 26.69%.
evidenced by the Liquid Asset to Third Party Funds ratio
Conventional Commercial Bank Performance
Indicator Satuan 2024 2023 2022
Capital Adequacy Ratio (CAR) % 26.7 27.7 25.7
Net Interest Margin (NIM) % 4.6 4.8 4.7
Loan to Deposit Ratio (LDR) % 88.6 83.8 78.8
Non-Performing Loan (NPL) % 2.1 2.2 2.4
Special Mention (SM) % 4.2 4.3 3.8
Loan Growth % 10.4 10.4 11.4
Deposit Growth % 4.5 3.7 9.0
Net Profit After Tax Rp Trillion 255.2 243.3 201.8
Source: OJK
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Management Discussion and Analysis
Performance Review
by Business Segment
In 2024, the performance of all business
segments of the Bank, in general,
remained solid.
118 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
Jenius Corporate
Customer Banking
13% Rp63 triliun
By the end of the 2024 fiscal year, Jenius The total Third-Party Funds (DPK) recorded
customers reached 5.9 million, an increase of for the Corporate Banking business segment
13% compared to 2023. reached IDR 63 trillion, an increase of 9.06%
compared to the previous year.
SMBC Indonesia divides its operating segments into Initiatives and Strategies in 2024
Retail Banking, Business Banking, Corporate Banking, In 2024, Retail Banking carried out initiatives and
Treasury, and Sharia Banking. Sharia banking business execution strategies, including:
activities are carried out by a subsidiary, namely 1. Increase income growth from various businesses,
PT Bank BTPN Syariah Tbk. maintain the quality of the credit portfolio, and
develop profitable businesses.
2. Introduce more loan products, run Banking as a
RETAIL BANKING Service (BaaS), and continue to develop service
channels.
SMBC Indonesia’s Retail Banking business segment 3. Increase Jenius’ capabilities as a digital platform
has main business units, namely digital banking through for all retail products and also develop end-to-end
Jenius, wealth management business, and retail process digitalization.
lending business, which includes pension business, 4. Strengthen participation in the ecosystem both
micro business, and joint finance. These business online and offline by encouraging cooperation with
units provide various products and services, both various potential partners and supporting non-
conventional and digital. organic growth.
5. Strengthen collaboration between business lines in
As a dynamic business, Retail Banking always adapts to retail and non-retail.
the developing dynamics, especially in order to increase
the growth of the lending and funding portfolio. These Performance Achievements
efforts are made through the development of innovation The number of customers served by the Retail Banking
and improvements in the fields of digitalization and business segment in 2024 reached 6.1 million, up 14%
branding. compared to 2023. Third-party funds (TPF) that were
successfully accumulated were approximately Rp46.8
Additionally, the Bank actively engages in collaboration trillion, 23% higher than in 2023, which was Rp37.9
within the online/offline ecosystem, offering additional trillion. Meanwhile, loan distribution reached Rp29.4
new products and investments to promote the trillion, with an increase of 10% compared to the
expansion of the number of its customers. Moreover, to previous year.
boost transactions and non-interest income (fee-based
income).
2024 Retail Banking Operational Performance
Description Unit 2024 2023 2022
Customers Million 6.1 5.4 4.6
Third Party Fund (Rp Trillion) 46.8 37.9 37.2
Loan (Rp Trillion) 29.4 26.7 25.8
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Management Discussion and Analysis
Performance Review by Business Segment
Strategic Plan for 2025 40 innovations and features in ways that have never
Overall, in 2025, Retail Banking will continue several been thought of before to help the lives of digital-
initiatives to build business stability, including: savvy people.
1. Increasing usage and loyalty of banking services,
such as through gamification features, providing Jenius realizes that in life, people are often trapped
easy access to travel and international transactions, in a systematic mindset that unknowingly limits
and strengthening collaboration with fellow SMBC their potential. To invite digitally savvy people to get
Group. out of the same mindset, Jenius called for the spirit
2. Developing the Jenius application as a digital of “Think Unthinkable,” which has been carried
platform for various business areas in Retail since the beginning in building the concept of life
Banking, such as increasing the digitalization finance. The mindset to do something different
of investment product offerings. In addition, it and better iterations is Jenius’ courage to present
also increases the capability of payment system innovation.
services through Jenius.
3. Continue to develop end-to-end process The unthinkable spirit in creating a series of
digitalization, especially in credit policies, innovations has started from the beginning of
underwriting processes, and fraud management. Jenius’ journey out of the old banking mindset.
4. Encourage the growth of Third-Party Funds through Jenius allows users to open accounts directly from
time deposits and savings products, and strengthen the application without having to come to a branch
investment product offerings in digitally supported office and continues to present unthinkable features
retail businesses. and innovations through the co-creation process.
5. Participate in increasing diversification of retail loan
products, adding CASA products, and community- 2. Activation, Sell, and Buy Foreign Currency
based acquisitions and partnerships. 24/7 Monday-Sunday
6. Balancing interest-based and non-interest Exploring the world does not have to be limited by
income growth, as well as good portfolio quality the time zone of origin and bank operating hours.
management, in order to achieve the expected With Jenius, users can now enjoy the freedom to
profitability. exchange 9 (nine) foreign currencies 24 hours a
day and 7 (seven) days a week, directly from the
application. Users can explore destinations as they
JENIUS wish with peace of mind using Jenius.
Jenius is one of the business units in the Retail Banking 3. BI-FAST Unlimited
business segment that provides digital banking Starting July 1, 2024, users can transfer funds from
services. The Jenius digital banking platform can Jenius to other banks that have joined the BI-FAST
be accessed via Android or iOS-based smartphone network without fees, without quotas, every day.
applications. This policy applies to all Jenius users and all award
levels.
Jenius offers a revolutionary banking experience
for customers through various features that can 4. Creditbility
be accessed anywhere and anytime. With Jenius, In November 2024, Jenius introduced “Creditbility,”
customers can manage their financial lives digitally. which is a creditworthiness value that users
Jenius is equipped with Visa debit and credit cards to can allocate to credit products owned in Jenius
manage Life Finance more simply, smartly, and safely. according to their needs. Currently, Jenius has 3
(three) credit products, namely Jenius Paylater,
2024 Initiatives and Strategies Flexi Cash, and Jenius Credit Card.
1. Think Unthinkable
In January 2024, Jenius called for the spirit of
“Think Unthinkable,” which is the inspiration to
live the life you want. “Think Unthinkable” also
emphasizes Jenius’ spirit in presenting more than
120 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
Users can use “Creditbility” to manage credit 8. Jenius Presents Unthinkable Experience in
products in Jenius, such as: SMBC Indonesia Transformation Moment
a. Allocate credit limits to three credit products as Jenius interprets transformation as a process that
needed. opens up new opportunities, in line with the name
b. Maintain the security of unused credit limits. change of PT BANK BTPN Tbk (Bank BTPN) to
c. Know the creditworthiness value so that it can PT Bank SMBC Indonesia Tbk (SMBC Indonesia).
be increased. In order to celebrate this moment, Jenius presents
a series of interesting activities, starting from the
5. New Partners for Yay Points Exchange introduction of a new look at the Jenius booth and
Users can exchange their Yay Points directly the design of the Jenius Main Debit Card (m-Card)
from the Jenius application in real-time to new to the Funds with Benefits program and a travel fair
merchants that were present throughout 2024. event to Japan packaged through Jenius Aircraft
Jenius introduces three new partners in the travel Charter - Japan Edition.
category, namely GarudaMiles, AirAsia Move &
LinkMiles by Citilink, and one new partner in the Eat 2024 Performance Achievements
& Shop category: MAPCLUB by MAP Group. By the end of the 2024 financial year, Jenius customers
reached 5.9 million, up 13% compared to 2023.
6. Play & Yay! Meanwhile, the collection of Third-Party Funds (TPF)
New Jenius users can join the Play & Yay! program amounted to Rp29.5 trillion, 16% higher than the
to get prizes of up to 2,500 Yay Points that can previous year of Rp25.5 trillion.
be exchanged for various rewards/prizes from
various merchants, such as OVO Cash, GoPay, In 2024, funding distribution value reached Rp3.3
Traveloka Points, MAPCLUB Points, and other trillion, growing 51.0% compared to 2023, which was
attractive merchants. Users will get Yay Points after Rp2.2 trillion. The volume of QRIS transactions in 2024
completing missions using various Jenius features. also increased by 90% compared to 2023, while the
transaction value grew by 121%.
7. Cash Cow
A pocket to receive cashback sent directly after the In 2024, the transaction value foreign currency buying
user makes a transaction. Users can collect and and selling transactions on the Jenius application
develop cashback more simply directly from the (buy & sell) increased by 42% compared to 2023. The
application. transaction volume (frequency) on the Jenius application
(buy and sell) in 2024 increased by 60% compared
to 2023. Meanwhile, the volume of credit card user
spending in 2024 increased by 342% over 2023.
2024 Jenius Operational Performance
Description Unit 2024 2023 2022
Customer People 5,925,640 5,238,842 4,395,173
Third-Party Fund (Rp Million) 29,487,721 25,491,621 23,698,326
Funding (Rp Million) 3,338,170 2,210,521 1,002,172
Strategic Plan for 2025 International transactions are also one of Jenius’
Saving is becoming even more attractive at Jenius focuses to be able to provide convenience, ensuring
with the new award levels, namely Seed, Plant, Grow, that transactions abroad are the same as transactions
Nurture, and Bloom. The more users save, the more domestically. To support this focus, Jenius has several
benefits they can enjoy in the Funds With Benefits initiatives, namely collaborating with WISE for faster and
program, both when using Jenius features and attractive more transparent foreign currency transfers, QRIS Cross
offers at various favorite merchants. In addition, Jenius Border, which makes it easier for users to transact
will also present Maxi Saver USD savings, which are abroad by scanning QRIS from the Jenius application,
deposits on the Jenius application in US dollars that and adding foreign currency options available on the
can be created and managed by users directly from the Jenius application.
Jenius application.
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Management Discussion and Analysis
Performance Review by Business Segment
The Jenius credit card has received a positive response Joint Financing Business
since its launch in 2022. Jenius is also committed to This RLB business unit focuses on service and credit
continuing to improve the capabilities and innovations of provision to individual debtors and business entities
the Jenius Credit Card. Two initiatives to develop Jenius through cooperation with multifinance and fintech
credit card capabilities in 2025, namely presenting a companies. SMBC Indonesia provides 2 (two) forms of
supplementary credit card (s-Card) and scanning QRIS cooperation services in the form of joint financing and
on the Jenius application using funding sources from channeling.
the Jenius Credit Card.
Joint financing is a form of bank credit distribution
As SMBC Indonesia’s commitment to empower to customers who cooperate with multifinance
pension and micro customers and make their lives companies with certain terms and conditions and a
easier through digital, the bank plans to launch Jenius portion of financing that has been mutually agreed
Daya. This application was developed through a upon. Meanwhile, channeling is a form of bank
co-creation process and is designed to help pension credit distribution to customers who cooperate with
customers manage their finances more simply through multifinance or fintech companies. Certain terms and
smartphones. conditions and all financing funds come from SMBC
Indonesia.
RETAIL LENDING BUSINESS 2024 Initiatives and Strategies
SMBC Indonesia’s Retail Lending Business (RLB) Pension Business
provides services and access to funding for both Pension Business, as a partner of PT Taspen (Persero),
consumptive and productive purposes for individual PT Asabri (Persero), and SOE Pension Funds, continues
customers, consisting of 3 (three) business units, to strive to improve and maintain the quality of service
namely: in terms of Pension Benefit payments by adhering to the
principles:
Pension Business 1. Right person
This unit provides pension benefit payment services 2. Right time and right amount
through Citra Pensiun savings accounts with various 3. Right administration
features and conveniences specifically designed for
pension customers. Services are provided through In terms of financial facilities provision through
various SMBC Indonesia channels, such as branch consumer credit products, Pension Business did the
networks, SMBC Indonesia ATMs, ATM Bersama, ATM following in 2024:
PRIMA, and the Indonesian Post Office network. 1. In order to provide added value and customer
convenience, Pension Business has simplified
Meanwhile, for loan products, the ones provided are and reduced the documents required for credit
multipurpose loan products that can be used for all applications. This strategy is expected to increase
kinds of consumer needs by active, pre-retirement, and the speed of the credit application process while
retirement employees. This product is tailored to the still prioritizing the principle of prudence.
capabilities and needs of each customer. 2. Simplification of the credit process by prioritizing
business processes that minimize face-to-
Currently, Retail Lending Business is also developing face activities has been implemented. The
the Jenius Daya application, which in the first stage will implementation process is carried out in stages
be used by Pension Business customers to conduct starting in early 2024 until finally being implemented
banking transactions. nationally in the third quarter of 2024.
3. In mid-2024, Pension Business has launched a
Micro Business credit product offered to active employees in the
This business unit focuses on service and credit State Civil Apparatus (ASN) segment. This product
provision to productive economic actors in the micro is expected to balance the increasingly mature
and small sectors and their communities in Indonesia. pension credit portfolio.
This business unit provides 2 (two) service products: 4. Anti-attrition programs are also carried out more
Maxi Micro (secured loans) and Digital Micro products proactively, aimed at ensuring that customer
(digital-based unsecured loans). portfolios are maintained.
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Management Discussion and Analysis
5. Efforts have also been made to improve processes 7. Developing microcredit financing programs that are
related to credit life insurance with a reference initiated with program trials to then be reviewed,
business model. In addition to mitigating credit ensuring that they can be implemented regularly
risk, this is also intended to ensure that the level of with the aim of being able to offer more varied
credit costs remains stable. programs to micro customers.
6. The quality of sales staff is continuously improved
by creating a training curriculum that aims to Joint Finance Business
improve hard skills and soft skills. In 2024, Joint Finance Business continued to focus on
business growth in existing multifinance and fintech
Micro Business companies and selectively adding partners to the
In 2024, the initiatives and strategies carried out by two new companies. In achieving this target, several
Micro Business are focused on facing increasingly strategies have been implemented as follows:
challenging market dynamics by making various a. Establish closer relationships with existing partners
adjustments. These steps aim to ensure that business by adding financing products that previously could
growth can continue to be sustainable and the quality of not be served by the business unit.
the credit portfolio is maintained optimally. b. Expand business growth by adding new partners
more selectively with strict criteria to maintain
Various strategies that have been implemented to credit quality including financing collaboration with
address challenges throughout 2024 include: subsidiaries.
1. Realizing the addition of human resources with c. Conduct intensive portfolio monitoring of product
an outsourcing model that has been adjusted to variations of each partner in order to manage
the potential of the micro market to accelerate portfolio concentration risk on certain products,
the fulfillment of new workforce needs in order to d. Follow and observe financing market conditions
support business growth. carried out by partners in order to monitor the
2. Optimizing Customer training and development development of partners’ businesses.
through programs supported by SMBC Indonesia e. Create more comprehensive periodic monitoring
Daya.id such as business mentoring, training, and media on the performance of partners.
webinars with the aim of increasing the business f. Continue to develop the capabilities of the bank’s
capacity of Micro Business Customers in a application system to meet the operational needs
sustainable manner. of partners.
3. Continuing the financing model for productive
economic business actors and the communities Performance Achievement
that support them, adjusted to the needs and
business capital of Customers to ensure that the Pension Business
quality of the portfolio is maintained. In 2024, the total number of Pension Business
4. Continuing the development of digital-based customers reached 421,679 people, 5.65% lower than
microcredit loan applications that enable faster and in 2023, which was 446,937 people. The decrease was
more efficient processes and expanding services to mainly due to customers who died, and another reason
wider segments. was the distribution of Pension Benefits through other
5. Expanding strategic partnerships with MSMEs banks.
and local communities in order to support the
development of local businesses using digital Meanwhile, the Third-Party Funds (TPF) managed were
banking platforms. recorded at Rp2,281.5 billion, up 5.86% compared to
6. Establishing cooperation with related business units 2023. The funding portfolio was recorded at Rp21,563.5
that have the potential for financing for the micro billion, 2.96% lower than in 2023.
sector.
2024 Pension Business Operational Performance
Description Unit 2024 2023 2022
Customer People 421,679 446,937 474,373
Third-Party Fund (Rp Billion) 2,281.5 2,155 2,175
Funding (Rp Billion) 21,563.5 22,222 24,058
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Micro Business
The number of Micro Business customers in 2024 decreased by 5.3% compared to 2023, to 13,190 people. The
decrease was due to the average nominal micro loans given being higher than the previous year.
2024 Micro Business Operational Performance
Description Unit 2024 2023 2022
Customer People 13,190 13,935 11,947
Funding (Rp Million) 1,833,520 1,306,176 743,106
Joint Finance Business
In 2024, outstanding loans in collaboration with partners in the Joint Financing business unit amounted to Rp2.8
trillion with a total number of customers (NOC) of 255,430. This achievement is far better than in 2023, which was an
outstanding loan of Rp1.1 trillion and NOC of 160,994 customers.
In 2024, Joint Financing Business continued to focus on business growth in both existing multifinance and fintech
companies, including the addition of new fintech partners that are selectively selected. This has resulted in an
increase in the number of customers in Joint Finance and the total loans disbursed.
Strategic Plan for 2025
Pension Business
Strategy Description
Portfolio Rejuvenation and 1. Product development aimed at balancing the demographics of the portfolio so that it is not
Product Development concentrated in older customers.
2. Launch of another retail product with the introduction of Home Ownership Loans which will be done
on a limited basis.
Process Simplification 1. Continuous improvement of the credit application process and requirements in order to provide
better service to prospective borrowers.
2. Simplification of loan application requirements and documents including the use of digital
applications.
Portfolio Monitoring 1. Conduct acquisition and anti-attrition strategies based on portfolio analysis so that each strategy
implemented is more targeted and efficient.
2. Monitoring the portfolio to achieve the expected portfolio quality level and save credit costs.
Development of Acquisition Develop acquisition channels to enhance acquisition capabilities including leveraging cooperation with
Pathways strategic partners.
Micro Business
Strategy Description
Business Performance 1. Refine the sales and acquisition model in order to maintain the portfolio and achieve the micro
Management financing & financial targets.
2. Strengthen the capabilities of the sales force by conducting training and mentoring at all levels
periodically as a form of monitoring the performance/quality of the sales team and/or sales force.
Development of New and 1. Implement the development of micro product variations with or without collateral for new and
Existing Products or Services existing MSME customers.
2. Improve banking digitalization services in MSME business activities to increase financial service
transactions.
Program for Customers Improve MSME business by providing mentoring through programs in collaboration with SMBC
Indonesia Daya.id to customers who have received micro credit loans from SMBC Indonesia
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Management Discussion and Analysis
Strategy Description
Process and Reach Optimization 1. Optimizing digital applications using a hybrid method (combination of sales force and digital
process) to expand the reach of credit distribution for new customers (new to bank).
2. Developing and improving applications in the credit process.
3. Perfecting the collection process to be more productive and efficient.
4. Supporting government programs related to the acceleration of priority sectors for MSME business
actors by running the KUR (People’s Business Credit) program.
Strengthening Strategic 1. Developing a cooperation model by establishing local partnerships with MSME actors and their
Partnerships with Business communities using a DCR-based scheme (Digital, Community, and Relationship).
Partners 2. Developing the MSME ecosystem by pioneering cooperation or collaboration with customers in the
SMBC Indonesia business sector to increase credit distribution to MSME actors.
Joint Finance Business
With the aim of continuously increasing growth and maintaining credit quality, the Joint Finance business unit in 2025
has a strategic plan, among others, as presented in the table below:
Strategy Description
Business Performance 1. Selectively expanding cooperation partners for both multifinance and fintech companies while still
Management prioritizing the principle of prudence on customer RACs selected from cooperation partners to get
loans.
2. Managing existing cooperation partners, especially those with good performance at SMBC
Indonesia, can increase their financing volume and increase cooperation limits that are also in
accordance with the quality of loans managed by cooperation partners.
3. Exploring new forms of cooperation with other cooperation partners while still paying attention to
existing OJK provisions/regulations.
4. Carrying out proportional financing cooperation, including the selection of product variations in
cooperation with partners, in order to avoid the risk of portfolio concentration on certain products
and/or cooperation partners.
5. Conducting continuous portfolio monitoring to maintain portfolio quality in Joint Finance by
conducting activities but not limited to reviewing financial performance & portfolio quality of
cooperation partners periodically, reviewing facilities provided at least once a year, reviewing cap
& trigger determination for portfolio quality at least once a year, and conducting sampling visits to
cooperation partner customers, which are carried out periodically.
6. Conducting periodic meetings with cooperation partners to discuss portfolio performance managed
by the Bank or managed as a whole by cooperation partners to be able to carry out joint follow-up in
addition to increasing volume and maintaining credit quality
7. Improving communication with associations that oversee cooperation partners to be able to find out
the overall financing market conditions
8. Adding human resources in line with increasing financing volume targets.
Financing Program Continue to explore financing programs that have been carried out by partners to be financed by SMBC
Indonesia by considering the volume of financing and the quality of ongoing financing in partners.
System and Process 1. Continue developing the system to be able to meet the needs and operational services of partners.
Optimization 2. Coordinate and cooperate with the Bank’s operational team on new operational processes that took
place in partners.
WEALTH MANAGEMENT BUSINESS b. Provided digital bancassurance product
Sekoci – micro life insurance collaboration with
Wealth Management Business is one of the business Allianz insurance partner through distribution
unit in the Retail Banking that serving individual affluent cooperation scheme.
customers focusing on improving funding product,
investment product and exclusive services through 2. Introduce additional digital-based Priority Customer
Sinaya Prioritas that available at 56 SMBC Indonesia service benefits:
branches, spread across 35 cities. Services can also a. Free cash withdrawal features 50x/month with
be accessed through digital platform (Jenius), which Jenius debit card from active rupiah account
provides transaction flexibility anytime and anywhere. and foreign currencies account (at PRIMA/
ALTO/Visa ATM networks domestically and
2024 Initiatives and Strategies abroad).
Throughout 2024, in line with the Bank’s business plan, b. Priority for Family, a new benefit provided for
WMB has implemented numbers of strategic initiatives, family members of priority customers who
namely: have an average Asset Under Management
1. Development of features wealth/investment in (AUM) at least Rp10 billion for 3 (three)
Jenius application in the form of:
a. Implementation mutual fund switching feature
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Management Discussion and Analysis
Performance Review by Business Segment
consecutive months. Customers who meet 3. Development of the Sinaya Robo application,
the program criteria can register a maximum as one of the sales tools, by completing
of 3 (three) core family members as priority customer portfolio information with bonds and
customers. These family members will be bancassurance non-unit link (traditional), allowing
upgraded to Sinaya Prioritas customers Relationship Managers (RM) to get comprehensive
and receive privileges as priority customers customer portfolio information.
(transactional and non-transactional) and
receive appreciation on their birthdays. 4. Introduce additional investment products to provide
c. Travel Insurance, a service provided to Priority alternative product to meet customers investment
Customers who have an AUM at least Rp10 needs:
billion for 3 (three) consecutive months. a. Addition of 5 (five) mutual fund products from
Customers can enjoy travel insurance with their new investment manager partners, Syailendra
spouse and 2 (two) children (maximum age 21 Capital.
years). Customers can choose between 1 (one) b. Addition of 9 (nine) mutual fund products from
annual travel insurance/protection plan or 2 new investment manager partners, BNI Asset
(two) travel plans (1 month per trip). Management.
d. Priority Pass, a service provided to Priority c. The launch of the Bancassurance Guardia
Customers who have an average AUM at least Rencana Syariah product. Traditional Sharia life
Rp3 billion for 3 (three) consecutive months. insurance with financial target and inheritance
Customers can enjoy free Priority Pass solutions.
membership for 1 (one) year, including free
access up to 8 (eight) times per year across Performance Achievement
more than 1.500 Priority Pass Airport Lounges In 2024, WMB business segment customers grew by
worldwide. 4% to 142.257 customers. Meanwhile, Third Party
Funds (TPF) increased by 27% to Rp43,2 trillion with
funding product Rp35,6 trillion and investment product
Rp7,6 trillion, This TPF growth was achieved with
incremental in cost of fund to 4,84%.
Wealth Management Product Performance*
Description Unit 2024 2023 2022
Number of Customers Orang 142,257 137,248 133,880
Total Third-Party Funds Rp Billion 43,274 33,974 33,681
Funding Product Rp Billion 35,653 27,320 27,224
Investment Product Rp Billion 7,621 6,653 6,437
Wealth Management Performance Indicators*
Description Unit 2024 2023 2022
Interest Expense % 4.84 4.39 3.49
Net Interest Income Rp Billion 410 441 299
Other Income Rp Billion 171 175 174
Operating Expenses Rp Billion (180) (169) (174)
* WMB’s performance as business unit includes product offered through digital platform (Jenius)
Strategic Plan for 2025
In 2025, WMB will carry out the following product and service enhancement plans:
1. Continue enhancement of digital services for Sinaya Prioritas Customers, including but not limited to:
a. Enhance features in Jenius application in the form of transaction features and investment product education.
b. Enrich digital-based Priority Customer service and benefits.
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Management Discussion and Analysis
c. Enhance digital-based sales tools and advisory 2. As a foreign exchange bank, SMBC Indonesia’s
staff capability to improve sales processes and Business Banking offers services and products in
service quality. foreign currencies, both in the form of savings and
loans (including trade finance financing) in stages
2. Enhance wealth management products, including for customers who need them.
but not limited to adding investment manager 3. Prioritizing customer needs by providing holistic
partners, mutual fund products, bancassurance product solutions by developing training that
products and becoming distribution partner for focuses on solution style selling
offering government primary bonds for retail 4. Provide a website platform on the TouchBiz
investors. application to serve Business Banking corporate
customers. This is to complement the mobile
3. Added Priority Customer service benefits, platform that has served individual customers.
including but not limited to transactional and 5. Focus on building cooperation with other platforms
non-transactional services provided through third in the digital ecosystem, which can provide benefits
parties, using Sky RM service. to customers.
Performance Achievements
BUSINESS BANKING By the end of 2024, the total customer accounts served
by Business Banking reached 3,200 customers, an
SMBC Indonesia’s Business Banking business segment increase of 6.7% compared to 2023, which was 3,000
offers complete products and services, from credit and customers. For financing distribution, the realization in
funding to other banking services and training. The main 2024 was approximately Rp14 trillion. In comparison to
needs of Business Partners’ business activities are the 2023, which was Rp13 trillion, there was an increase of
timeliness and availability of working capital at all times 8.3%.
in running their business cycles, the need for access
to markets, sustainable and long-term relationships Strategic Plan for 2025
with suppliers, and the need to improve business A number of strategic initiatives to support business
competencies and information. growth in 2025 include:
1. Increasing business growth both through optimizing
Business Banking answers these needs by providing a the Bank’s service team/branch office network
“3 in 1” financial package which includes: and electronic channels through the TouchBiz
1. Development of banking products and transactions application.
tailored to customer needs. 2. Continue developing features in the TouchBiz
2. Development of supply chain products to answer application, both in terms of funding services and
market access needs supported by the system. financing access, to support increased customer
3. Capacity building programs for customers. transactions and operations, as well as increasing
the number of new customers.
In addition, Business Banking has developed an 3. Expand services and products in foreign currencies,
electronic channel through Digital SME, which both in the form of savings and loans (including
currently has digital capabilities for funding, payments, trade finance).
transactions, and simple cash management. 4. Continuing internal collaboration to provide
comprehensive cash management products and
2024 Initiatives and Strategies services as one-bank solutions.
A number of initiatives and strategies developed 5. Continuing strategic cooperation through supply
throughout the fiscal year to improve Business Banking chain schemes and other institutions/businesses
performance include: to build ecosystem partnerships to obtain potential
1. In order to expand services to customers, SMBC customers for both savings and loans.
Indonesia is developing a supply-chain financing
scheme, including cooperation with other banks
and other institutions/businesses. In addition,
strategic cooperation will be carried out to build
an ecosystem partnership to obtain potential
customers, both in the fields of savings and loans.
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Management Discussion and Analysis
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CORPORATE BANKING in the benchmark interest rate is a challenge for banks
in distributing credit to the public. Other challenges
The Corporate Banking (corporate) business segment faced by banks throughout 2024 are tight liquidity and
consists of Japanese corporate and non-Japanese weakening public purchasing power.
corporate business lines. The non-Japanese corporate
business line serves large Indonesian and multinational In these conditions, efforts to maintain portfolio
company customers (MNC), financial institutions (FI), quality continue to be carried out by accelerating
and commercial banking. Meanwhile, the Japanese the completion of several ongoing restructuring
corporate business line serves large Japanese and applications and ensuring that the Bank has allocated
Korean corporate customers, with the majority of sufficient reserves. This is in line with government
the company’s ownership being Japanese or Korean and OJK policies on restructuring policies. The Bank
entities. also identifies customers who have the potential to be
affected by the geopolitical crisis.
The services provided by this segment include
financing, fundraising, and cash management. In the 2024 Initiatives and Strategies
financing sector, SMBC Indonesia is not limited to short- In the midst of ongoing dynamic conditions in 2024,
term working capital financing, but also medium and SMBC Indonesia has realized a number of strategic
long-term investment financing in rupiah and foreign initiatives to support business performance. In the
currency denominations. field of loan distribution, for example, the Bank is
concentrating on distributing loans with a prudent
The corporate segment also actively participates principle to avoid non-performing credit.
in syndicated financing, especially infrastructure
projects; new renewable energy; financing related to In line with the strategy to distribute loans with a
Environment, Social, Governance (ESG), including prudent principle in 2024, the Bank with Moody’s
green financing; and supporting industries, including as a consultant is developing a new credit grading
export-supporting industries, which are in line with for Commercial Banking. This will improve the credit
the Indonesian government’s development program. process for Commercial Banking debtors because
Supporting services are also continuously improved, the new credit grading for Commercial Banking is
such as trade finance and foreign exchange. developed based on SMBC Commercial Banking
loan data supplemented with additional data from the
In the field of fundraising, the Bank provides corporate Moody’s database for similar segments.
account services in the form of current accounts,
including cash management. This current account Corporate Banking continues to collaborate with the
service can be accessed through digital technology, Retail Banking and Business Banking teams in the form
ensuring that it does not limit the customer’s space and of cross-selling activities by offering payroll products
time. in the form of Jenius accounts for company employees
and providing working capital loans related to the
In 2024, the Bank is aware that business activities are supply chain. This collaboration initiative will continue to
covered by a challenging year for the national economy. be improved and continued in 2025.
Various obstacles overshadowed the global economy
and domestic election conditions, which also have Corporate Banking also improves customer service
an impact on the Indonesian economy. Geopolitical through (i) collaboration with BTPN Syariah for the
tensions still influenced the dynamics of the economy distribution of sharia corporate credit, (ii) preparing
in 2024, causing commodity prices to fluctuate, which fundamental infrastructure to expand the reach of
then triggers an increase in inflation. structured financial products in the Indonesian debt
market business to enable corporate bond investment,
The central bank responded to high inflation by raising and (iii) providing seminar/training services with the
the benchmark interest rate in Quarter II and III 2024. topic “Corporate Financing Masterclass” for one of the
The interest rate increase, on the one hand, lowered state-owned companies attended by 60 participants for
inflation as aggregate demand declined, in addition to 2 consecutive days in the second quarter of 2024.
the declining energy commodity prices. The increase
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Management Discussion and Analysis
SMBC Indonesia is expanding the reach of structured (mutual funds). The bank will also serve the opening
financial products in the Indonesian debt market of custodian securities accounts to the storage of
business by investing in inclusive financing securities. securities.
With this initiative, SMBC Indonesia also shows its
commitment to continue supporting macroprudential SMBC Indonesia continues to support the government’s
inclusive financing in accordance with the mandate of commitment to achieving Net Zero Emission by 2050
PADG 24/06/2022. Going forward, SMBC Indonesia by providing services to support the achievement of
will continue to carry out other initiatives to support customers’ transition and sustainability strategies. This
macroprudential inclusive financing. is done by developing ESG-based financial products
(such as green loans, social loans, sustainability-
Development in the form of digitalization of banking linked loans, and ESG deposits) as well as developing
transactions is also carried out by SMBC Indonesia by technical capacity related to Sustainable Finance.
completing system integration capabilities using SNAP-
based APIs, including (i) Balance Inquiry API, (ii) Transfer Until the second quarter of 2024, the Bank has
API (transfers to other banks using BI-FAST), and (iii) provided green loan and Sustainable Link Loan (SLL)
Virtual Account API. credit facilities for several customers engaged in the
environmentally friendly transportation industry, palm
In 2024, SMBC Indonesia has obtained approval from oil processing, and textiles, including coordination
the Financial Services Authority (OJK) as a custodian of international syndicated loans that include special
bank serving institutional and individual investors, both tranches for green financing. Meanwhile, in terms of
local and foreign. The approval from OJK is stated in capacity development, the Bank has carried out a series
the OJK Banking Supervisory Approval Letter No. S-71/ of socialization and workshops related to sustainable
PB.311/2024 dated January 21, 2024, concerning the finance for both internal banks and external parties.
Approval of Custodian Activities and the Decree of the One of them is a workshop for one of the customers
OJK Board of Commissioners No. KEP-31/PM.02/2024 engaged in the oil and gas industry with the theme
concerning the Approval of Commercial Banks as of funding support to support decarbonization and
Custodians on Behalf of PT Bank SMBC Indonesia the transition to net zero emissions for high-emission
(formerly PT Bank BTPN Tbk), which was stipulated on sectors such as oil and gas.
May 7, 2024.
Performance Achievements
As a custodian bank, SMBC Indonesia will carry out Explanation of the achievements of the Corporate
securities transactions covering stocks, bonds, and Banking business segment is delivered based on the
collective investment contract participation units following services:
1. Fund Collection
In 2024, the total Third-Party Funds (TPF) recorded for the Corporate Banking business segment reached
Rp63 trillion, an increase of 9.06% compared to 2023, which was recorded at Rp57.4 trillion.
2024 Corporate TPF Performance
(Rp Billion, unless otherwise stated)
Segment 2024 2023 2022
Japanese Corporate Banking 40,404 34,630 37,639
Wholesale Banking 21,371 21,952 26,704
Commercial 844 835 703
Total 62,619 57,416 65,046
2. Financing
Total financing provided by the Corporate Banking business segment in 2024 reached Rp98.8 trillion, down 5.4%
compared to 2023, which was Rp104.5 trillion.
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Management Discussion and Analysis
Performance Review by Business Segment
2024 Corporate Financing Performance
(Rp Billion, unless otherwise stated)
Segment 2024 2023 2022
Japanese Corporate Banking 30,363 38,873 43,381
Wholesale Banking 62,178 61,047 50,574
Commercial 6,355 4,624 3,496
Total 98,896 104,544 97,450
3. Trade Finance
In 2024, the total realization of trade finance was recorded at Rp6.8 trillion. In comparison to 2023, which reached
Rp6.9 trillion, there was a decrease of 2.02%.
Trade Finance Performance
(Rp Billion, unless otherwise stated)
Segment 2024 2023 2022
Japanese Corporate Banking 164 289 522
Wholesale Banking 2,882 3,967 9,559
Commercial 3,780 2,711 1,997
Total 6,826 6,966 12,078
4. Cash Management
As of the end of December 2024, corporate cash management was recorded at Rp62.6 trillion, an increase
of 9.1% compared to the previous year of Rp57.4 trillion.
From the management of these funds, SMBC Indonesia’s CASA ratio was recorded at 40.7%, a decrease
of 4.9% compared to 2023, which was 45.6%.
2024 Cash Management Performance
(Rp Billion, unless otherwise stated)
Segment 2024 2023 2022
Japanese Corporate Banking 40,404 34,629 37,639
Wholesale Banking 21,371 21,951 26,704
Commercial 844 835 703
Total 62,619 57,416 65,046
Rasio CASA 40.7% 45.6% 35.9%
5. Foreign Exchange
As of December 31, 2024, foreign exchange management reached Rp449.3 trillion. In comparison to 2023, which
was Rp557 trillion, there was a decrease of 19.3%.
2024 Foreign Exchange Performnace
(Rp Billion, unless otherwise stated)
Segment 2024 2023 2022
Japanese Corporate Banking 399,508 520,608 555,060
Wholesale Banking 48,217 34,846 34,272
Commercial 1,661 1,384 1,126
Total 449,386 556,838 590,458
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Management Discussion and Analysis
Strategic Plan for 2025 Regarding banking technology, through development
In general, the 2025 strategic plan is a continuation carried out by Transaction Banking and Supply Chain in
of what was done in the previous year. The corporate order to improve services, increase utilization of banking
segment projects the expansion of target segments, transactions, increase third-party customer funds, and
adding new products, and strengthening in terms of increase service efficiency, including:
technology and developing new sectors. 1. Simplify existing systems, products, and
procedures in order to avoid repetitive processes,
In terms of target segments, the corporate segment increase efficiency, and improve the overall
expands the customer base of Indonesian companies customer banking experience.
in the Tier 1 and Tier 2 segments. In addition, the 2. Implement an integrated digital platform to
Commercial Banking customer base is also expanded meet customer needs comprehensively for
by targeting suppliers or distributors of Tier 1 and Tier cash management products and services, trade
2 customers. The Bank also continues to increase fee- financing & supply chain financing.
based transactions. This is done, among others, through 3. Improve the capabilities and features of the
trade finance transactions, structured finance (project Financial Supply Chain Management (FSCM)
finance and ECA), syndication, agency services & system and be able to integrate with Front-
custodian services, and improvements from the treasury end-systems or APIs and be able to adapt to
side (systems, products, and trading capability). accommodate products and service variations
according to customer needs.
Balancing funding and lending growth by creating an 4. Cooperate with Payment Service Companies or
ecosystem and connectivity for end-to-end financing Financial Technology that assist customers in terms
that includes loans, cash management, and forex. The of daily transactional services. This form of service
development of the ecosystem is carried out through is a service that is not yet or not available at SMBC
several strategies as follows: (i) increasing system Indonesia, and in this case, SMBC Indonesia acts
capabilities, including interconnection between systems only as a reference provider.
(ii) increasing digital trade transactions (iii) exploring 5. Development of Open API services based on
trade flow and cash management opportunities that SNAP (National Standard Open API Payment) by
require an LCS scheme (iv) increasing collaboration with integrating Customer financial systems and also
other Business units. opening the use of Open API for Banking-as-a-
Service (BaaS) services.
Enhancing the role of SMBC Indonesia as a Custodian
Bank in an effort to increase the value of assets
in custody. Accordingly, the Bank is developing a TREASURY
custodian system, such as adding administrative
functions for investment products managed by SMBC Indonesia always strives to provide innovative
Investment Managers and adding interface functions treasury solutions that are in line with customers’
between the custodian system and the KSEI system. strategic goals with the support of expertise and
This initiative is carried out in order to be able to provide strong financial positions at the global level to improve
more efficient and effective services for custodian operational efficiency and support sustainable growth.
service users. In carrying out its business activities, the Treasury
segment synergizes with all Bank business lines in order
Continuing the development of ESG-related products, to provide the best service to customers.
including green, social, sustainability-linked loans,
and blended finance. The goal is to help promote The Treasury business segment offers a variety of
sustainable finance in various sectors as a form of products and services designed to meet customer
support for achieving Indonesia’s NDC (Nationally needs and conduct trading activities, including foreign
Determined Contributions) and in line with SMBC exchange (including FX Today, FX Tomorrow, FX Spot,
Group’s strategy to achieve net zero emissions. FX Forward, FX Swap, and Domestic Non-Deliverable
Forward), interest rate swap, cross-currency swap,
Taking a proactive approach to capturing foreign direct securities (government bonds, both conventional and
investment opportunities from Japan that will enter sharia, and Bank Indonesia rupiah securities), money
Indonesia. As well as organizing business matching market (interbank & Bank Indonesia instruments),
events and other initiatives to connect Customers with
investors.
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Management Discussion and Analysis
Performance Review by Business Segment
and repo/reverse repo. Until now, SMBC Indonesia b. Diversifying funding sources through
continues to develop products to meet customer needs developing funding from the wholesale, retail,
and partner with customers in facing a dynamic and and public sector/financial institutions sectors.
changing market while still prioritizing compliance with c. Continuously monitoring developments
applicable regulations. in the long-term funding market, such as
the issuance of rupiah bonds, long-term
SMBC Indonesia was selected as one of the Appointed bilateral loan facilities in rupiah and foreign
Cross Currency Dealer Banks (ACCD Bank) to conduct currencies from local banks and foreign banks/
Local Currency Transaction (LCT) transactions for JPY- international financial institutions, including
IDR and THB-IDR currencies since 2021. In 2024, Bank funding from the SMBC Group.
Indonesia appointed SMBC Indonesia as an Appointed
Cross Currency Dealer (ACCD) bank to conduct Local 2. The adequacy of the Bank’s liquidity policy and
Currency Transaction (LCT) transactions for KRW-IDR management (ALMA) is relatively adequate and is
currencies. always updated through the following supporting
indicators:
Through this appointment as an ACCD bank, it is a. Improving ALMA with better interest rate
expected to provide a positive contribution to the monitoring through Funding Lending Meetings
Bank’s performance, especially through the Jenius and ALCO meetings.
digital platform. With this service, Bank customers can b. Having a comprehensive policy to maintain
enjoy more competitive foreign exchange rates and the availability of liquidity in accordance with
transfer funds to institutions or individuals in ACCD the structure of the Bank’s asset and liability
bank partner countries more efficiently and promptly. profile. The Bank also has a procedure for
limiting liquidity management authority.
Since May 2024, SMBC Indonesia has received Accountability and levels of delegation
approval from Bank Indonesia to become one of the of authority have been implemented in
primary dealers in Open Market Operations (OPT). accordance with the Bank’s needs.
The implementation of Primary Dealer is an effort to c. Having a contingency plan program in
support the strengthening of repo in the context of providing liquidity back-up.
integrating monetary management and money market
development. This is expected to further strengthen 3. Development of products and services to support
liquidity management and monetary policy transmission, the wholesale, retail, and public sector/financial
which will ultimately contribute positively to the national institutions business sectors as follows:
economy. a. Development of foreign exchange services and
products, namely by adding foreign currencies
2024 Initiatives and Strategies that can be transacted, product diversification
In the face of developing situation in 2024, SMBC related to FX transactions and derivatives
Indonesia has implemented a number of strategic such as transactions using the Local Currency
initiatives, namely: Transaction (LCT) scheme, Domestic Non-
1. In order to maintain liquidity levels at a safe level, Deliverable Forward (DNDF), Option and Call
SMBC Indonesia has taken several strategic steps, Spread Option (CSO), and Range Forward.
including: b. Development of Bond products, both IDR
a. Maintaining liquidity indicators at a safe and USD. This development includes repo
condition, namely higher than the required and reverse repo trading transactions with
provisions. As of December 31, 2024, the other banks and bonds with customers, both
Liquidity Coverage Ratio (LCR) was 216.42%, business banking and corporate customers.
and the Net Stable Funding Ratio (NSFR) was c. Development of services to support Primary
122.23%. Dealer activities through the Bank Indonesia
Rupiah Certificate (SRBI) instrument.
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Management Discussion and Analysis
Performance Achievement 3. In addition to products, SMBC Indonesia Treasury
In 2024, the realized foreign currency transaction together with other business lines will continue to
value increased by 14.1% compared to transactions in hold regular economic seminars both on a large
2023. This increase was contributed by the Financial and small scale, online and offline with the aim of
Institution and Wholesale Business segments. providing market development updates, discussing
Meanwhile, the increase in bond transactions of 14.0% new regulations, marketing appropriate products
compared to transactions in 2023 was contributed by in every situation, increasing understanding of
the Financial Institution business segment. customer needs and disseminating product
knowledge.
For derivative transactions, there was a decrease in
transaction value by 10.9% compared to transactions in 4. In order to minimize maturity mismatch, SMBC
2023, which was caused by tight business competition Indonesia continues to maintain and increase
from other banks. long-term funding sources. In 2025, the Bank will
continue its plan to issue Bonds in Rupiah currency
2024 Treasury Operational Performance with the amount and time of issuance considering
Growth credit growth, liquidity conditions and market
Description
YoY (%) conditions. In addition, SMBC Indonesia will also
Total FX Transaction Volume 14.1 continue to explore bilateral cooperation to obtain
Total Derivative Transaction Volume (10.9) fresh funding facilities from domestic and foreign
Total Bond Transaction Volume 14.0 Financial Institutions, including the SMBC Group.
Strategic Plan for 2025 SHARIA BANKING
In 2025, the focus of development related to the
Treasury segment includes: The Sharia Banking business segment is run by a
1. Bank Indonesia policy regarding the Money Market subsidiary, namely PT Bank BTPN Syariah Tbk. This
Development Blueprint (BPPU) 2030 company has become a public company whose shares
a. The Bank will develop a system related to are listed on the Indonesia Stock Exchange since 2018.
the Central Clearing Counterparty (CCP) and
Non-Centrally Cleared Derivative (NCCD). CCP 2024 Initiatives and Strategies
and NCCD are mandatory requirements that Strategic initiatives carried out in 2024 are reflected in
must be met by the Bank related to FX and the 4 (four) pillars of the Bank’s Key Strategic Initiatives
Derivative transactions. (KSI), namely:
b. In line with this initiative, the Bank will update
the system and develop FX option and call Pillar 1: Strengthening current business processes by
spread option products and consider further improving portfolio quality and enhancing customer
service.
development of the Overnight Index Swap
Pillar 2: Exploring New Business Opportunities and
(OIS) product.
Advanced Products.
c. The Bank plans to develop a structured FX
Pillar 3: Building Operational Excellence Processes.
Swap product as an alternative investment
Pillar 4: Strengthening Organizational Capabilities.
option for customers and to serve derivative
needs.
d. The Bank plans to develop the Bank Indonesia Since mid-2024, BTPN Syariah has focused on
Foreign Exchange Certificate (SVBI) instrument maintaining business stability. In strengthening the
to support primary dealer activities. quality improvement steps that have been implemented,
the Bank has evaluated the implementation of strategies
2. As one of the banks selected by Bank Indonesia and determined business strategy updates, such as
as a primary dealer, SMBC Indonesia actively diversifying strategies and activities at the regional level
participates in the auction of Bank Indonesia by looking at portfolio quality issues in each region.
Rupiah Certificate (SRBI) instruments, the purchase
and sale of SRBI in the secondary market as well as
in repo and reverse repo transactions.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 133
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Management Discussion and Analysis
Performance Review by Business Segment
Meanwhile, to improve monitoring and quality This state is driven by both external forces, including
improvement, the Bank has formed an IKRAR working the recovery, which is advancing in a K-shape pattern,
committee in May 2024. This committee intensively implying that Indonesia’s economic recovery following
monitors leading indicators in order to identify and fix the pandemic has not been totally even. The lower
problems faster, maintain the capacity of the number middle class continues to encounter obstacles in
of teams in the field, and review the implementation of recovery. Internal issues include a lack of customer
the Central Accountability Money (UPS) in all Business discipline to attend routine center meetings, as well as a
Manager (BM) areas, which are carried out periodically. decrease in center cohesiveness.
The Quality Assurance team acts as an education
and monitoring partner for the Mobile Marketing Currently, BTPN Syariah continues to strive to
Sharia (MMS) team by becoming a companion in the create and ensure business stabilization with various
refreshment and education process, as well as adjusting programs starting from increasing customer discipline,
business processes for handling problematic areas, center cohesiveness, and empowerment programs
and has conducted the collection implementation trial to encourage increased customer business. Among
through a special Community Officer (CO). them, the Bank is making efforts to improve the
implementation of the solidarity concept, which is
Performance Achievement an important aspect of group financing, so as to
BTPN Syariah’s financial performance in 2024 faced motivate customers to make payments with collective
challenges, especially in managing the credit risk of responsibility/peer pressure among customers.
financing for the productive underprivileged segment or
the low-income community served. The development of
economic recovery in this segment is considerably slow.
2024 Sharia Banking Operational Performance
(bank only)
Description Unit 2024 2023 2022
Total Asset (Rp Million) 21,736,656 21,412,505 21,146,962
Third-Party Fund (Rp Million) 11,724,929 12,142,929 12,049,256
Financing (Rp Million) 10,171,759 11,387,861 11,527,463
(consolidated)
Description Unit 2024 2023 2022
Total Asset (Rp Million) 21,747,580 21,435,366 21,161,976
Third-Party Fund (Rp Million) 11,724,433 12,142,817 12,048,529
Financing (Rp Million) 10,171,759 11,387,861 11,527,463
Strategic Plan 2025 Plan, ensuring consistent improvement in financing
In 2025, BTPN Syariah will continue to face challenges quality and managing outstanding at the healthy
from global economic uncertainty and the national level consider the challenging grassroots economy.
economy, which is in the process of stabilization, as 2. Emphasizing the importance of strategic
well as the condition of the underprivileged community collaboration with SMBC Indonesia (the Parent
segment that it serves. Under these circumstances, Bank) and other affiliated companies to strengthen
the Bank chooses to stabilize underprivileged positioning and drive sustainable growth by
financing while encouraging future growth through leveraging expertise, extensive networks, and
strategic synergy and continued product innovation by diversified business segments.
emphasizing:
1. Stabilization of Underprivileged Financing:
Demonstrating the Bank’s commitment to achieving
its 2025 goals in line with the Bank’s Business
134 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
MSMEs
3. Continues the piloting of Advance and New (Rp Million)
Products: Continuing to explore new business
Indicator 2024 2023 2022
opportunities at upper ultra micro segment by
Net Interest 648,122 538,814 647,051
piloting individual financing for both Existing and Income/(Expense)
New to Bank with different approaches.
Net Operating (840,222) (504,029) (931,940)
Income/(Expense)
Meanwhile, the strategic initiatives that will be taken to Profit/(Loss) Before (190,412) 36,527 (284,191)
achieve this refer to the 4 (four) pillars of KSI: Income Tax
Net Profit/(Loss) (154,945) 29,780 (229,099)
Pillar 1: Strengthening Current Business Processes through
Portfolio Quality Improvement and Enhanced
Customer Service.
Fund Collection and Treasury
Pillar 2: Develop New Business through Synergy with Parent (Rp Million)
and Advanced Products.
Indicator 2024 2023 2022
Pillar 3: Building Operational Excellence Processes.
Net Interest 1,483,530 1,505,131 1,254,540
Pillar 4: Strengthening Organizational Capabilities. Income/(Expense)
Net Operating (839,486) (855,280) (873,535)
Income/(Expense)
PROFITABILITY BY BUSINESS Profit/(Loss) Before
Income Tax
648,374 643,106 376,503
SEGMENT
Net Profit/(Loss) 527,605 524,326 303,516
Profitability performance by business segment recorded
by the Bank is presented in the following table: Sharia (Individual)
(Rp Million)
Retail Banking Indicator 2024 2023 2022
(Rp Million)
Net Interest 4,881,923 5,248,947 5,025,886
Indicator 2024 2023 2022 Income/(Expense)
Net Interest 2,308,078 1,965,935 2,075,596 Net Operating (3,513,725) (3,878,191) (2,751,452)
Income/(Expense) Income/(Expense)
Net Operating (2,142,038) (1,752,782) (1,661,435) Profit/(Loss) Before 1,370,762 1,371,161 2,269,376
Income/(Expense) Income Tax
Profit/(Loss) Before 167,269 213,998 415,677 Net Profit/(Loss) 1,072,722 1,071,723 1,768,665
Income Tax
Net Profit/(Loss) 136,113 174,473 335,096
Sharia (Consolidated)
(Rp Million)
Corporation Indicator 2024 2023 2022
(Rp Million)
Net Interest 4,894,273 5,259,750 5,029,350
Indicator 2024 2023 2022 Income/(Expense)
Net Interest 2,765,734 2,774,433 2,671,778 Net Operating (3,543,618) (3,880,680) (2,748,898)
Income/(Expense) Income/(Expense)
Net Operating (650,184) (1,091,442) (471,839) Profit/(Loss) Before 1,353,196 1,379,895 2,282,394
Income/(Expense) Income Tax
Profit/(Loss) Before 2,115,550 1,682,971 2,199,928 Net Profit/(Loss) 1,061,160 1,080,589 1,779,580
Income Tax
Net Profit/(Loss) 1,721,497 1,372,131 1,773,463
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 135
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Management Discussion and Analysis
Financial Performance
Overview
In 2024, the Bank successfully recorded a
consolidated net profit, attributable to the
parent entity’s owners, at IDR2.8 trillion,
or 19.3% higher than in 2023.
136 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
The financial performance description of SMBC FINANCIAL BALANCE SHEET
Indonesia is prepared in accordance with the
consolidated financial statements that have followed Assets
the Financial Accounting Standards (SAK) for the year As of the end of the 2024 financial year, total assets
ended December 31, 2024. The report is also part of recorded by SMBC Indonesia reached Rp241.1 trillion.
this Annual Report. In comparison to 2023, which amounted to Rp201.4
trillion, there was an increase of 19.7%.
The Bank’s consolidated financial statements for
the position of December 2024 have considered the The increase was due to a rise in placement accounts
financial performance of PT Oto Multiartha and with Bank Indonesia and other banks, securities, and
PT Summit Oto Finance, which the Bank acquired at financing receivables as a result of the acquisition of
the end of March 2024. Both financing companies are subsidiaries that have financing receivables. Loans
part of the OTO Group, the majority of whose shares are provided and sharia financing/receivables reached
now owned by the Bank. Rp149.97 trillion, 4.2% lower than in 2023, which
was Rp156.6 trillion, related to lower sharia financing
amidst the current challenging situation in the ultra-
micro segment, where sharia subsidiaries focus on
maintaining financing quality and are more selective in
distributing financing.
Asset Development
(Rp Million)
Description 2024 2023 2022
Cash 1,379,647 1,428,683 1,747,461
Current accounts with Bank Indonesia 9,443,461 9,276,598 10,215,350
Current accounts with other banks 1,035,001 962,387 2,189,561
Placements with Bank Indonesia and other Banks 12,694,705 8,961,654 21,885,214
Securities 27,981,308 17,038,501 18,835,877
Reverse Repo 468,188 - -
Loans and sharia financing/receivables 149,971,995 156,561,297 146,123,516
Financing receivables 29,432,622 - -
Fixed Assets – Net 2,284,422 2,047,812 2,118,505
Intangible Assets – Net 2,809,116 1,089,384 1,076,738
Other assets 3,595,962 4,082,076 4,977,482
Total Asset 241,096,427 201,448,392 209,169,704
Financial Assets The largest components in financial assets are loans
SMBC Indonesia’s financial assets consist of cash, disbursed and financing receivables. In 2024, the
current accounts with Bank Indonesia, current total value reached Rp179.4 trillion, or 77.2% of total
accounts with other banks, placements with Bank financial assets.
Indonesia and other banks, securities, Reverse Repo,
derivative receivables, acceptance receivables and Credit Distribution
loans disbursed, and financing receivables. In the 2024 SMBC Indonesia groups credit customers into 2 (two)
financial year, the Bank’s total financial assets were segments: the first is growing business, which includes
recorded at IDR232.4 trillion, up 19.7%. This was due corporate and commercial, sharia financing, SMEs,
to an increase in securities of 64.2%, an increase in Jenius Joint finance, and OTO SOF; and the second is
placements with Bank Indonesia and other banks of transforming business, which includes retail lending and
41.7% and financing receivables due to the acquisition micro.
of a subsidiary that has financing receivables.
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Management Discussion and Analysis
Financial Performance Overview
Until 2024, the total credit and financing receivables In terms of segmentation, most of the funding realization
distributed by the Bank reached Rp179.4 trillion. In was absorbed by the growing business segment, which
comparison to the realization in 2023, which was reached Rp155.5 trillion, or 86.7% of total credit. Credit
Rp156.6 trillion, there was an increase of 14.6%. The to corporations and commercial is the main component
increase in credit was mainly driven by a rise in the Joint in this segment, which in 2024 was worth Rp98.9
Finance, Jenius, and Micro segments, which increased trillion, or 63.6% of total credit in the growing business
by 389%, 56%, and 40%, respectively, and also the segment.
Small and Medium Enterprises segment increased
by 8%, as well as the presence of OTO SOF, which
increased the level of credit distribution in 2024.
Credit Distribution Based on Segment
(Rp Million)
Description 2024 2023 2022
Growing Business
Corporate and Commercial 98,896,945 104,904,359 97,450,293
Small and Medium Enterprises 14,361,516 13,255,054 11,257,389
Joint Finance 5,565,442 1,138,955 145,699
Sharia Financing/Receivables 10,171,759 11,387,861 11,527,463
Jenius 3,197,554 2,049,171 886,694
OTO SOF Financing Receivables 23,294,807
Transforming Business
Retail Lending 21,867,221 22,403,012 23,989,672
Micro 1,939,994 1,306,173 743,076
Other 110,378 116,712 123,300
Total 179,404,616 156,561,297 146,123,516
The Bank continuously maintains the quality of the credit distributed as part of the implementation of risk
management. In 2024, the ratio of non-performing loans or gross Non-Performing Loans (NPL) was at 2.50%, higher
than in 2023, which was at 1.36%. Meanwhile, net NPL was at 1.07%.
138 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
Credit Distribution Based on Collectability
(Rp Million, unless otherwise stated)
Description 2024 2023 2022
Current 140,484,471 147,614,238 138,614,738
Special Mention 7,100,200 6,850,490 5,433,369
Total Performing Loan 147,584,671 154,464,728 144,048,107
Sub Standard 500,108 477,678 567,953
Doubtful 319,920 118,169 116,370
Loss 1,567,296 1,500,722 1,391,086
NPL 2,387,324 2,096,569 2,075,409
Total Credit 149,971,995 156,561,297 146,123,516
NPL - Gross 1.60% 1.4% 1.4%
NPL - Net 0.44% 0.4% 0.4%
LLP/NPL -164.3% 220.3% 172.5%
Liabilities
SMBCI’s total liabilities in 2024 were recorded at Rp186.4 trillion, 16.4% higher than in 2023, which was Rp160.2
trillion. The increase was mainly due to a 58% increase in loans received to support credit growth and also increase
the Bank’s liquidity ratio, as well as an increase in loans received due to the acquisition of OTO SOF.
In addition, customer deposits increased by 13.7%. Meanwhile, securities issued increased by 1366%, most of
which was due to additional bond debt as a result of the acquisition of a subsidiary and the issuance of Bank SMBC
Indonesia’s Shelf Registered Bond V Phase I Year 2024 of Rp355 billion in July 2024 and the issuance of Bank SMBC
Indonesia’s Shelf Registered Bond V Phase II Year 2024 of Rp1.40 trillion.
Liabilities Development
(Rp Million)
Description 2024 2023 2022
Customer deposits 111,718,459 98,277,756 105,023,287
Temporary syirkah funds 9,599,352 9,920,820 9,843,261
Deposits from other banks 757,714 10,814,638 166,131
Securities issued 2,939,924 200,569 200,134
Loan recieved 49,413,885 31,204,497 44,911,606
Other liabilities 11,921,054 9,747,008 9,612,261
Total Liabilities 186,350,388 160,165,288 169,756,680
Customer Deposits
Total customer deposits (including temporary syirkah funds) in 2024 reached Rp121.3 trillion, an increase of 12.1%
compared to 2023, which was Rp108.2 trillion. The increase was contributed to by an increase in savings and
deposits.
Meanwhile, the CASA (Current Account and Saving Account) balance was 3.3% lower than the previous year,
especially from corporate customers. Thus, in 2024 it was in the position of 37.6%, down from 40.8% at the end of
December 2023.
Most of the Bank’s customer funds are in the form of deposits, which in 2024 reached Rp75.7 trillion, or 62.4% of
total deposits. Meanwhile, deposits in the form of current accounts were 21.1% and savings 16.5%.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 139
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Management Discussion and Analysis
Financial Performance Overview
Details of Customer Deposit (Including Temporary Syirkah Funds)
(Rp Million)
Description 2024 2023 2022
Current Account 25,585,492 26,628,683 23,765,802
Saving 20,004,408 17,558,817 16,396,199
Time Deposit 75,727,911 64,011,076 74,704,547
Total 121,317,811 108,198,576 114,866,548
Details of Customer Deposit Based on Currency (Including Temporary Syirkah Funds)
(Rp Million)
Description 2024 2023 2022
Rupiah 99,471,769 85,397,073 92,351,151
Foreign exchange 21,846,042 22,801,503 22,515,397
Total 121,317,811 108,198,576 114,866,548
Loans Received
Until the end of December 2024, the Bank’s loans received reached Rp49.4 trillion, 58.4% higher compared to 2023,
which was Rp31.2 trillion. The increase in loans received was carried out to support credit growth and also increase
the Bank’s liquidity ratio, as well as the increase in loans received as a result of the OTO SOF acquisition.
Equity
The equity component consists of share capital, additional paid-in capital, fixed asset revaluation reserves, and
others. Until the end of the 2024 financial year, the Bank’s total equity reached Rp54.7 trillion, 32.6% higher compared
to the 2023 position of Rp41.3 trillion. The increase was the result of a rights issue carried out in the first quarter of
2024 related to the OTO SOF acquisition, in addition to being contributed by an increase in retained earnings.
Equity Development
(Rp Million)
Description 2024 2023 2022
Share Capital 212,919 162,982 162,982
Additional Paid-in Capital 17,561,631 11,162,238 11,160,647
Reserve on revaluation of fixed assets 940,515 954,224 874,452
Share-Based Payment Reserve - - -
Cash Flow Hedges 9,266 - -
Fair Value Reserve – Net 12,646 2,906 (7,704)
Transactions with Non-Controlling Interests (24,267) (24,267) (24,267)
Retained Earnings (Appropriated & Unappropriated) 28,793,863 26,402,237 24,734,912
Treasury Stock - (254,695) (255,147)
Non-Controlling Interests 6,978,665 2,616,678 2,506,348
Other Equity Components 260,801 260,801 260,801
Total Equity 54,746,039 41,283,104 39,413,024
140 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
PROFIT AND LOSS PERFORMANCE
In the 2024 financial year, SMBCI successfully posted a consolidated net profit attributable to owners of the parent
entity, reaching Rp2.8 trillion. In comparison to 2023, which was Rp2.4 trillion, there was an increase of 19.3%. This
increase was contributed to by an increase in operating income due to an increase in operating income of 27.1%.
Profit and Loss Development
(Rp Million)
Description 2024 2023 2022
Interest Income 23,588,335 18,815,673 15,898,376
Interest Expense (8,380,053) (6,771,610) (4,221,331)
Net Interest Income 15,208,282 12,044,063 11,677,045
Other Operating Income 2,221,078 1,689,372 1,664,162
Operating Expense (13,325,343) (10,272,400) (8,683,531)
Profit for the Year – Before Tax 4,120,473 3,457,682 4,657,319
Net profit for the year 3,216,240 2,682,484 3,629,564
Net profit after tax (NPAT) Attributable to Owners of the Parent Entity 2,812,986 2,358,334 3,095,701
Operating Income
The Bank’s total operating income (net interest income and other operating income) in 2024 reached Rp17.4 trillion,
up 26.9% compared to 2023, which was Rp13.7 trillion. Interest income, which is a component of operating income,
increased due to a rise in interest income from credit, placement of liquid assets, such as securities, and net interest
income from OTO SOF.
In addition, in terms of other operating income/fees, an increase in credit card transaction volume, increased sales of
bancassurance, cash management, and trade products contributed to the increase in the Company’s fee income.
On the other hand, interest expense in 2024 increased. The increase in interest expense was due to a rise in the cost
of funds in line with the trend of increasing interest rates and increasing customer deposits, especially time deposits.
Overall, net interest income reached Rp15.2 trillion, an increase of 26.3% yoy compared to the previous year’s
position, this is also in line with the net interest margin (NIM), which rose to 7.10% as of December 2024 from 6.45%
in December 2023.
Operating Expenses
The total operating expenses realized by the Bank in 2024 reached Rp13.3 trillion. In comparison to 2023, which
reached Rp10.3 trillion, there was an increase of 29.7%. There was an increase in credit costs along with the entry
of OTO SOF credit costs after the acquisition. Meanwhile, operating costs were increased to support the growth of
business volume and initiatives being worked on by SMBC Indonesia.
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Management Discussion and Analysis
Financial Performance Overview
CASH FLOW
The Bank’s cash and cash equivalents at the end of 2024 were recorded at Rp26.2 trillion, 11.5% higher than 2023,
which was Rp23.5 trillion.
Cash Flow Performance
(Rp Million)
Description 2024 2023 2022
Net Cash Flow Provided by (Used in) Operating Activities 10,829,769 (2,397,197) (4,416,068)
Net Cash Flow Provided by (Used in) Investing Activities (16,764,391) 394,010 3,151,992
Net Cash Flow Provided by (Used in) Financing Activities 8,624,877 (13,887,114) 9,056,776
Impact of Exchange Rate Changes on Cash and Cash Equivalents 4,759 (14,462) 3,376
Net Increase (Decrease) in Cash and Cash Equivalents 2,690,255 (15,890,301) 7,792,700
Cash and Cash Equivalents at The Beginning of Year 23,472,990 39,377,753 31,581,677
Cash and Cash Equivalents at The End of Year 26,168,004 23,472,990 39,377,753
Cash Flow from Operating Activities Liquidity Ratio
Net cash provided by operating activities in 2024 The ability to meet current liabilities, among others, is
was recorded at Rp10.8 trillion, an increase of 552% shown through the liquidity ratio reflected in the Loan
compared to 2023, which was minus Rp2.4 trillion. to Deposit Ratio (LDR), Loan to Funding Ratio (LFR),
Liquidity Coverage Ratio (LCR), and Net Stable Funding
Cash Flow from Investing Activities Ratio (NSFR). In 2024, the Bank’s LDR level reached
Net cash provided by investing activities in 2024 147.0%, higher than in 2023, which was 142.7%.
reached minus Rp16.8 trillion. In comparison to 2023,
which was Rp0.4 trillion, there was a decrease of The Bank’s funding sources are not only from third-
4355%. party funds but also loans, most of which are from the
parent company as well as loans from other banks
Cash Flow from Financing Activities and securities issued. The LCR and NSFR ratios as
Net cash provided by financing activities in 2024 was of December 31, 2024, were 253.71% and 125.02%,
recorded at Rp8.6 trillion. Meanwhile, in 2023, it was above the regulatory limit set by OJK, which is 100%.
minus Rp13.9 trillion. Thus, the Bank’s overall liquidity level is very healthy.
Solvency Ratio
ABILITY TO PAY DEBT Another parameter related to the ability to pay debts
is the capital ratio, which is measured through the
SMBC Indonesia has a very good level of liquidity and solvency ratio. The Bank always maintains healthy
solvency. This is reflected in the ability to meet maturing capital, including by meeting the Capital Adequacy
obligations in a timely manner, both for principal Ratio (CAR) as determined by the regulator. This ratio is
payments and interest expenses. useful for covering credit, market, and operational risks.
The Bank’s excellent ability indicators in meeting In 2024, the Bank’s CAR ratio reached 30.0%, higher
current and non-current liabilities are also in line with than the position in 2023, which was 29.9%. This
the assessment of external rating agencies. PT Fitch achievement is far above the provisions set by Bank
Rating Indonesia gave a rating of AAA (idn), a stable Indonesia and reflects the availability of room for future
outlook, and F1+ (idn). Meanwhile, the rating from PT growth.
Pemeringkat Efek Indonesia (PEFINDO) was idAAA
(Triple A, stable outlook).
142 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
Credit Collectability
The Bank always maintains the quality of productive assets in order to maintain quality business performance on an
ongoing basis. This is shown, among others, through the level of credit collectibility, the details of which are described
in the table below.
Details of Credit Collectability
(Rp Million, unless otherwise stated)
Description 2024 2023 2022
Not yet overdue 140,454,478 147,614,238 138,614,738
1-90 days arrears 7,130,193 6,850,490 5,433,369
>90 days Arrears 2,387,324 2,096,569 2,075,409
Amount of overdue credit 9,517,517 8,947,059 7,508,778
Amount of credit provided – gross 149,971,995 156,561,297 146,123,516
% of Amount of overdue credit to amount of credit provided – gross 6.35% 5.71% 5.14%
PRIME LENDING RATE
Referring to the Financial Services Authority Regulation Number 13 of 2024 concerning Transparency and Publication
of Prime Lending Rate for Commercial Banks, all commercial banks are required to report and publish the Prime
Lending Rate (SBDK). This publication, among other things, is to provide clarity and make it easier for customers to
weigh the benefits, costs, and risks of the credit offered.
In addition, SBDK is also an effort to improve good corporate governance and encourage healthy competition in the
banking industry. Banks group SBDK based on credit segmentation into 4 (four) groups, namely corporate, retail,
micro, and consumption.
Rupiah Prime Lending Rate Based of Credit Segment
Rupiah Prime Lending Rate
Data Period:
Non-MSME Credit MSME Credit KPR/ Non-KPR/
December 31, 2024
Corporate Retail Medium Small Micro KPA Non-KPA
Prime Lending Rate 8.04% 9.99% 10.02% 15.43% 12.73% N/A 12.74%
(SBDK)
CAPITAL STRUCTURE The Bank uses the Standard Approach in managing
capital for credit risk. The calculation of RWA is
Capital Structure Policy generally carried out by referring to the risk weight in
The policy to maintain capital adequacy is an effort accordance with OJK provisions and the rating results
to ensure that the Bank can support business growth issued by the rating agency that has been determined
while protecting the Bank from market volatility. This by the regulator.
policy is implemented through a balance between
capital efficiency and the level of return on shareholder The Bank calculates capital adequacy for operational
investment by maintaining the availability of sufficient risk using the Standard Approach (SA) method. Based
additional capital to cover potential risks faced. on this method, the Bank allocates minimum capital
for operational risk based on the multiplication of the
In connection with the process carried out by the Bank Business Indicator Component (KIB) with the Internal
to determine capital adequacy (ICAAP), the Bank has Loss Multiplier (FPKI).
submitted a report to the Financial Services Authority
(OJK) in accordance with applicable regulations.
The Bank also continues to ensure the availability of
sufficient capital in line with its risk profile.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 143
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Management Discussion and Analysis
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In calculating RWA for Market Risk, the Bank uses the In addition to the need to meet minimum capital based
standard method in accordance with OJK provisions on the risk profile, banks are also required to provide
regarding the calculation of RWA for Market Risk. additional buffer capital with the following details: (1)
Capital Conservation Buffer, (2) Countercyclical Buffer,
In accordance with Financial Services Authority and (3) Capital Surcharge for Domestic Systemically
Regulation No. 11/POJK.03/2016 concerning the Important Banks (D-SIB).
Minimum Capital Provision Obligation of Commercial
Banks and Financial Services Authority Regulation No. Capital Structure Descriptions
34/POJK.03/2016 concerning the first amendment to By the end of the 2024 financial year, the Bank’s total
POJK No. 11/POJK.03/2016 and Financial Services capital reached Rp49.2 trillion, 19.5% higher than the
Authority Regulation No. 27/2022 concerning the position in 2023, which was Rp41.2 trillion. This was
second amendment to POJK No. 11/POJK.03/2016, the due to the rise in the core capital balance as a result of
Bank is required to provide minimum capital according the increase in retained earnings balances.
to the risk profile. The provision of minimum capital for
banks based on the current risk profile is 9% to less The details of the Bank’s capital structure are described
than 10% of Risk Weighted Assets (RWA). in the table below.
Capital Structure Development
(Rp Million, unless otherwise stated)
Description 2024 2023 2022
Tier 1 Capital 44,187,414 36,613,893 34,966,039
Tier 2 Capital 4,995,432 4,543,487 4,626,967
Total Capital 49,182,846 41,157,380 39,593,006
Risk-Weighted Assets:
• Credit Risk 151,246,559 125,294,554 121,057,375
• Credit and Operational Risk 161,976,039 135,795,396 144,374,143
• Credit, Operational, and Market Risk 163,826,500 137,651,897 145,091,415
Capital Adequacy Ratio:
• Credit Risk 32.5% 32.8% 32.7%
• Credit and Operational Risk 30.3% 30.3% 27.4%
• Credit, Operational, and Market Risk 30.0% 29.9% 27.3%
MATERIAL COMMITMENTS RELATED TO CAPITAL GOODS INVESTMENTS
SMBC Indonesia does not have any material commitments/commitments related to capital goods investments.
144 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
REALIZATION OF CAPITAL GOODS INVESTMENT
Realization of Capital Goods Investment in 2024
(Rp Million)
Name of Capital Goods Investment Objectives Investment Value
Fixed Asset Office needs 246,246
Intangible Asset Software development 334,594
Total 580,840
MATERIAL INFORMATION AND FACTS In 2024, the downward trend in global and domestic
OCCURRING AFTER THE REPORTING interest rates has begun in line with declining inflation.
DATE Subsequently, Bank Indonesia continues to consistently
direct the BI-Rate to achieve the 2024 inflation target.
On January 28, 2025, the Bank made a loan payment
to the International Finance Corporation (IFC) in 2019 In September 2024, Bank Indonesia decided to lower
of Rp1,364,600 million, equivalent to USD 100,000,000 the BI-Rate by 25 bps to 6.0%. This BI-Rate reduction
(full amount). is consistent with pre-emptive and forward-looking
steps, ensuring that inflation in 2024 and 2025 remains
On January 31, 2025, the Bank made a loan payment under control within the target of 2.5±1%. Bank
to SMBC Singapore of USD 225,000,000 (full amount), Indonesia also views that there is still room for further
equivalent to Rp3,667,500 million. BI-Rate reductions with low inflation and the need to
help encourage sustainable economic growth.
TARGETS, REALIZATIONS, AND However, the US election results and ongoing
PROJECTIONS geopolitical tensions in the Middle East have had a
negative impact on financial markets and have changed
Throughout 2024, rapid changes have colored the central bank monetary policies. The FFR and other
dynamics of the global economy, accompanied by central bank interest rate cuts are expected to be
a high level of uncertainty, posing challenges to the smaller than previously expected. A more expansionary
Indonesian economy. Global political tensions, which US fiscal policy has kept US Treasury yields high,
were to remain high in early 2024 due to the ongoing both in short-term and long-term tenors. The broad
Russia-Ukraine conflict, have increased following strengthening of the US dollar continues, accompanied
Israel’s attack on Palestine. by a reversal in global investor preferences by shifting
their portfolio allocations back to the US. This has
Towards the end of 2024, the re-election of President increased the pressure on the weakening of various
Trump in the United States (US) with the America First world currencies and restrained foreign capital inflows
policy has again increased global uncertainty. This to developing countries.
policy has the potential to change the geopolitical
and economic landscape of the world. Various In the midst of dynamic external conditions, the
developments related to the results of the US General implementation of appropriate strategic strategies and
Election have risked increasing fragmentation of policies has resulted in good business performance
world trade and investment, reducing world economic of SMBC Indonesia. In 2024, the Bank successfully
growth, and then further increasing uncertainty in global recorded an increase in operating income (consolidated)
financial markets. of 27.1% (yoy), to Rp17.5 trillion. This performance was
supported by net interest income with an increase of
Indonesia’s economic performance remains robust 26.3% (yoy) to Rp15.2 trillion, which resulted from an
with strong resilience in overcoming the impact of increase in interest income from credit, income from
global contagion, with Indonesia’s economic growth placement of liquid assets such as securities, and net
for 2024 recorded at 5.03% (yoy), mainly contributed interest income from OTO SOF. Income growth was also
by domestic demand in line with increasing household contributed to by an increase in fee income from credit
consumption and continued good investment. cards, insurance, and cash management as a result of a
rise in debit and credit card transaction volumes, as well
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Management Discussion and Analysis
Financial Performance Overview
as an increase in income from insurance commissions, ratio was recorded at 30.0% higher than the target
the majority of which was generated from an increase set. The Bank’s NPL (gross) was recorded at 2.5%, an
in credit in the pension business and also an increase increase compared to 2023, which was 1.4%, which
in fee-based income from insurance products in the was higher than the target set.
wealth management business.
Comparison between Target and Realization
The Bank’s consolidated financial performance was Description Target 2024 Realization 2024
influenced by credit costs, which increased by 28.8% Capital Structure >22% 30.0%
(yoy) to Rp3.9 trillion, and an increase in operating (Capital Adequacy Ratio)
expenses by 24.8% to Rp9.0 trillion. These costs come Net Income Attributable to >10% yoy 19% yoy
from the growth of business volume and initiatives Owners of the Parent Entity
being worked on by SMBC Indonesia as well as the Credit Growth >20% 14.6%
calculation of credit and operational costs from OTO Deposit Growth >10% 12.1%
SOF in line with business growth. ROA >1.5% 1.8%
ROE >6% 6.8%
The dynamics of the global and domestic economies
NPL (gross) <2% 2.5%
above have more or less impacted business conditions.
In the midst of the challenging situation in the ultra-
micro segment today, sharia subsidiaries focus on Projection for 2025
maintaining financing quality and are more selective For 2025, the Bank has prepared business projections
in distributing financing. In the automotive financing or targets by considering business environment
sector, there are business challenges due to less conditions (both external and internal), the principle
conducive automotive market conditions influenced by of prudence, the implementation of risk management
the decline in people’s purchasing power, especially the whose quality continues to be improved, and the
middle class, which is the target of the new car sales principles of healthy banking. The Bank has also
segment. considered the high global uncertainty and the
dynamics of interest rates in 2025. The resilience of
Meanwhile, the dynamics of interest rates and tight Indonesia’s economic growth amidst the risk of global
competition in obtaining quality assets where market uncertainty will be a strong foundation for achieving
conditions are very competitive have an impact on the domestic economic growth targets, and loan distribution
lower achievement of corporate and commercial credit. is expected to continue to grow.
Therefore, in 2024, Bank SMBCI posted credit growth
of 14.6% yoy, growing below the target set, which was The Bank targets credit growth in the range of 8-10%
above 20%. by continuing to maintain credit quality, supported
by healthy Third-Party Fund growth, to generate
Customer deposits grew by 12.1% yoy, with an sustainable profitability, by maintaining a healthy NIM,
achievement of 97% of the target. Deposit balances and by continuing to maintain a strong CAR capital level
grew by 18.3% yoy while CASA balances grew by above 24%.
3.2% yoy. Until the end of the 2024 financial year,
SMBC Indonesia posted a consolidated net profit Indikator Target
after tax attributable to Owners of the Parent Entity of NIM 5-6%
Rp2.8 trillion, up 19.3% compared to 2023, which was
Capital Structure (Capital Adequacy Ratio) >24%
Rp2.4 trillion. Meanwhile, compared to the target, the
ROA >1.5%
achievement was 105%.
ROE >6%
Return on assets (ROA) and return on equity (ROE) NPL (gross) 2-2.5%
were higher than the target set due to higher Profit Dividend Policy (final decision will be decided in ≥ 20%
achievement due to lower credit provision costs and the AGM based on the Bank’s performance)
operating costs than the target. The capital adequacy
146 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
BUSINESS PROSPECTS Macroprudential policies and payment systems continue
to be directed to encourage sustainable economic
Global economic divergence is expected to continue growth. The Macroprudential Liquidity Incentive
in 2025, as global uncertainty remains high. The United (KLM) policy has been enhanced to further encourage
States (US) economy is predicted to remain strong, bank credit/financing to priority growth sectors and
supported by household consumption along with high job creation in line with the Government’s Asta Cita
wages and productivity and improving investment. program. Payment system policies are also directed to
Meanwhile, the economies of Europe, China, and support growth, especially the trade and MSME sectors,
Japan remain weak due to poor domestic demand and by strengthening the reliability of infrastructure and the
declining external performance in line with the slowing structure of the payment industry, as well as expanding
global economy and the impact of the implementation acceptance of the payment system digitalization. Bank
of import tariff increases by the US. With these Indonesia projects credit growth in the range of 11-13%
developments, global economic growth in 2025 is in 2025.
predicted to be 3.2%.
Amidst the high global uncertainty, by utilizing the
On the other hand, global financial market uncertainty potential for economic growth and banking industry
remains high due to the US import tariff policy, which is credit, SMBCI will focus on growing credit distribution
faster and broader than expected, and the direction of by setting a risk appetite that is in line with the required
the US central bank’s policy. High US economic growth objectives and through the value chain, growing
and inflation have an impact on expectations of a more the retail customer base by optimizing distribution
limited Federal Funds Rate (FFR). A more expansionary channels, as well as cross-business line collaboration
US fiscal policy has pushed the US Treasury yield to and strategic partnerships with the market ecosystem
remain high, although it has decreased slightly due to and optimizing synergies with SMBCI subsidiaries
increasing global investor demand for US Treasuries. and the SMBC group. The Bank will also continue its
CASA growth strategy and increase fee-based income,
These developments have led to a large preference for including through foreign exchange, digital solutions,
global investors to place their portfolios in the US. The and wealth management through Jenius for retail
US dollar currency index is still high and is pressuring customers, trade and cash management for corporate
various world currencies. High global uncertainty customers, and other fee-based transactions.
continues to require a strong policy response, ensuring
that it can mitigate the impact of its spillover to maintain
stability and encourage domestic economic growth. DIVIDEND
Bank Indonesia estimates that Indonesia’s economic Dividend Policy
growth in 2025 will be in the range of 4.7-5.5%. This The determination of the Bank’s dividend distribution
prospect is influenced by the forecast for increased is determined by the General Meeting of Shareholders
investment, especially non-building investment. (GMS). The policy is determined by considering the
Meanwhile, household consumption needs to be adequacy of retained earnings, applicable laws and
encouraged, ensuring that it can further support regulations such as long-term and short-term capital
domestic demand. From external sources, various requirements, as well as the Bank’s growth expectations
efforts to strengthen exports need to continue to be and market conditions.
increased in order to mitigate the impact of slowing
demand from major trading partner countries. Procedurally, the proposal for dividend distribution is
submitted by the Board of Directors to the President
In January 2025, BI lowered the BI rate to 5.75%, the Director and approved by the Board of Commissioners.
Deposit Facility and Lending Facility interest rates to Furthermore, the proposal is submitted to the Annual
5.00% and 6.50%, and decided to maintain the BI rate GMS for approval by Shareholders.
at the BI Board of Governors meeting in February 2025.
This decision is consistent with efforts to keep the Dividend Realization
2025 inflation forecast under control within the target of In line with the Company’s strong fundamentals
2.51%, stabilize the rupiah exchange rate in accordance throughout 2022 following the merger, the Bank SMBCI
with fundamentals amidst the persistent high global AGMS approved dividend distribution for the first
uncertainty, and help drive economic growth. time since the 2018 AGMS, in accordance with the
Company’s commitment to always providing sustainable
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Management Discussion and Analysis
Financial Performance Overview
added value to all shareholders, as well as appreciation to shareholders who have supported and maintained positive
relations with Bank SMBCI. The complete dividend payment was fulfilled in April 2024.
Dividends Distributed Dividends per Share Dividend to Net Income
Financial Year Dividend Year Payment Date
(Rp million) (Rp) Ratio (%)
2023 2024 April 19, 2024 471,667 44.30 20
2022 2023 May 11, 2023 619,140 76.85 20
LONG-TERM COMPENSATION: EMPLOYEE AND MANAGEMENT STOCK
OWNERSHIP PROGRAM
The Bank implemented a stock ownership program for its employees in 2016. This program is a form of long-term
compensation. The entire series of programs has been realized in stages and was ended in 2021.
The Bank also provides variable remuneration to the Board of Directors and Board of Management in the form of
shares as regulated in POJK No. 45/POJK.03/2015.
REALIZATION OF USE OF PROCEEDS FROM THE PUBLIC OFFERING
The plan and realization of the use of funds from the Bank’s public offering have not changed compared to the time
of issuance. Details of the issuance of the Bank’s public offering results and the realization of the use of funds are
described in the table below.
Issuance of Bonds for Financial Year
Bond Name Nominal (Rp) Issuance Date Maturity date
Public Offering of Bank BTPN’s Shelf Registered Bond V Phase I 114,755,000,000 July 8, 2024 July 5, 2027
Year 2024 Series A with a Fixed Interest Rate
Public Offering of Bank BTPN’s Shelf Registered Bond V Phase I 240,305,000,000 July 8, 2024 July 5, 2029
Year 2024 Series B with a Fixed Interest Rate
Public Offering of Bank SMBC Indonesia’s Shelf Registered Bond 429,910,000,000 December 18, 2024 December 17, 2027
V Phase II Year 2024 Series A with a Fixed Interest Rate
Public Offering of Bank SMBC Indonesia’s Shelf Registered Bond 966,505,000,000 December 18, 2024 December 17, 2029
V Phase II Year 2024 Series B with a Fixed Interest Rate
Realization of Use of Funds from Public Of fering
(Rp Million)
Realization Value of Public Of fering
Realization of Use of Funds Remaining
Results
Effective Funds from
No. Types of Public Offerings Total Public Public Realization
Date Plan of Use Public
Of fering Of fering Net Result of Use of Offering
of Funds
Proceeds Fees Funds
1 Bank BTPN’s Shelf 27 Juni 355,060 3,993 351,067 351,067 351,067 0
Registered Bond V Phase I 2024
Year 2024
(Series A and Series B)
2 Capital Increase by 19 Februari 6,731,741 29,466 6,702,275 6,702,275 6,702,275 0
Granting Preemptive Rights 2024
to Buy Securities II
3 Bank SMBC Indonesia 27 Juni 1,396,415 4,271 1,392,144 1,392,144 260 1,391,884
Shelf Registered Bond V 2024
Phase II Year 2024
(Series A and Series B)
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Management Discussion and Analysis
Details of Use of Funds from Public Of fering
Type of Offer Lending Realization Business Activities Nominal Value
Bank BTPN Sustainable Bonds V Phase I A Multifinance Rp351.067
Year 2024 (series A and series B)
Capital Increase with Pre-emptive Rights II Acquisition OTO & SOF Motor Vehicle Financing Rp6.550.743
B Natural Gas Mining Rp151.531
Bank BTPN Sustainable Bonds V Phase II C Wholesale & Retail Trade Rp260
Year 2024 series B
MATERIAL INFORMATION ON MATERIAL TRANSACTIONS
TRANSACTIONS RELATED TO CONTAINING CONFLICT OF INTEREST
INVESTMENT, EXPANSION, AND/OR TRANSACTIONS WITH
DIVESTMENT, ACQUISITION, AND AFFILIATED/RELATED PARTIES
DEBT/CAPITAL RESTRUCTURING
Material Transactions Containing
On March 27, 2024, the Bank acquired 51% of common Conflict of Interest
shares (series B shares) of PT Oto Multiartha with a In 2024, there were no Material Transactions between
purchase price of Rp3,926,955 million and 51% of SMBC Indonesia and members of the Board of
common shares (series B shares) of PT Summit Oto Commissioners or members of the Board of Directors
Finance with a purchase price of Rp2,623,788 million. containing a conflict of interest.
Information related to this acquisition transaction Transactions with Affiliated or Related
is described in more detail in the audited financial Parties
statements, in Note 1f to the consolidated financial Recording of SMBC Indonesia related party transactions
statements, which are also included in this Annual is in accordance with PSAK No. 224 concerning
Report. “Related Party Disclosures.” Explanations of the details
of these transactions up to the period ending December
31, 2024, are described in the table below.
Realization of Transactions with Af filiated/Related Parties
Related Parties Nature of Relationships Nature of Transactions
Sumitomo Mitsui Banking Corporation, Tokyo Controlling shareholder Current accounts with other banks; deposits from
other banks; derivative transactions; acceptance
liabilities
Sumitomo Mitsui Banking Corporation, Singapura Affiliated Company Current accounts with other banks; deposits
from other banks; acceptance liabilities;
loans received; subordinated loans; derivative
transactions
Sumitomo Mitsui Banking Corporation, Hong Kong Affiliated Company Current accounts at other banks; deposits from
Branch other banks; derivative transactions
Sumitomo Mitsui Banking Corporation Bank Affiliated Company Current accounts at other banks
International plc, London
Sumitomo Mitsui Banking Corporation, Dusseldorf Affiliated Company Current accounts at other banks
Branch
Sumitomo Mitsui Banking Corporation, Malaysia Affiliated Company Deposits from other banks
Berhad
Sumitomo Mitsui Banking Corporation, Bangkok Affiliated Company Current accounts at other banks; deposits from
other banks; derivative transactions
Sumitomo Mitsui Banking Corporation, Seoul Affiliated Company Securities
Sumitomo Mitsui Banking Corporation, New York Affiliated Company Current accounts at other banks
Sumitomo Mitsui Banking Corporation, New Delhi Affiliated Company Current accounts at other banks
Sumitomo Mitsui Banking Corporation, Osaka Affiliated Company Current accounts at other banks
PT SMFL Leasing Indonesia Affiliated Company Customer deposits; loans provided; derivative
transactions; share investment
PT INA Securities Indonesia Affiliated Company Customer Deposits
(formerly PT Nikko Sekuritas Indonesia)
PT SBCS Indonesia Affiliated Company Customer Deposits
Key management personnel Directors, Commissioners and Loans provided, customer deposits,
executive officers compensation and remuneration payments,
retirement benefits
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Management Discussion and Analysis
Financial Performance Overview
Reason for Transaction Statement of the Board of Directors that
Transaction activities with related parties are mainly the Transactions have Fulfilled Adequate
carried out for the interests and sustainability of SMBC Procedures and are in Accordance with
Indonesia’s business related to borrowing and lending Generally Applicable Business Practices
funds in business activities, generating business The statement of the Board of Directors regarding
income, and carried out routinely, repeatedly, and/or affiliated transactions, among others, refers to OJK
continuously. Regulation Number 42/POJK.04/2020 concerning
Affiliated Transactions and Conflict of Interest
Related Party Transaction Value Transactions. In line with these provisions, the Board
Details of the balance of transactions with related of Directors states that all affiliated transactions carried
parties have been disclosed in Note 40 to the out by the Bank as part of its business activities have
Consolidated Financial Statements as of December 31, fulfilled applicable and adequate procedures.
2024, which is part of this Annual Report.
The Board of Commissioners and
Transaction Review and Approval Policy Audit Committee’s Role in Ensuring
SMBCI has a policy for reviewing and approving Transactions Are Carried Out in
transactions with related/affiliated parties, which, Compliance with Generally Applicable
among others, refers to OJK Regulation Number 32/ Business Practices, Which, Among
POJK.03/2018 concerning the Legal Lending Limit Other Things, Comply with the Arms-
for Credit Provision and Provision of Large Funds for Length Principle
Commercial Banks and its amendments, namely POJK In accordance with its duties and functions, the
Number 38/OJK.03/2019. Audit Committee always reviews the Bank’s business
activities, especially in the financial sector, including
The regulation emphasizes: (1) Banks are prohibited transactions with affiliated/related parties. The Board
from granting Provision of Funds to Related Parties that of Commissioners receives reports as part of its
are contrary to the general procedures for Provision of supervisory function as well as to ensure that affiliated
Funds. (2) Banks are prohibited from granting Provision transactions are carried out in accordance with the
of Funds to Related Parties without the approval of arm’s length principle.
the Bank’s Board of Commissioners. (3) Banks are
prohibited from purchasing low-quality assets from The Board of Commissioners assesses that the
related parties. transactions carried out by the Bank throughout 2024
have met the elements of regulatory compliance,
The description below is also part of the review and including OJK Circular Letter Number 42/
approval process for related/affiliate transactions. POJK.04/2020.
Fairness, Review Mechanism, and References in the Financial Statements
Compliance with Regulations for Information related to these affiliated transactions
Transactions with Affiliated Parties is described in more detail in the audited financial
The Bank has a policy to provide approval as a review statements, in Note 40 to the consolidated financial
mechanism for transactions with related parties. The statements, which are also included in this Annual
transactions are carried out fairly and in accordance Report.
with applicable provisions and regulations. Transactions
with related parties also have the same terms and
conditions as those applicable to third parties. CHANGES IN LEGISLATIONS THAT
HAVE SIGNIFICANT IMPACT
The Bank conducts transactions with related parties
due to ownership and/or management relationships. All In 2024, several new regulations have been issued that
transactions with related parties have been carried out may affect the business activities of SMBC Indonesia
with policies and conditions that have been mutually and its subsidiaries, including:
agreed upon.
150 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Management Discussion and Analysis
Impact on Financial Statements
No. Regulation Main Provisions
(if any)
1. PBI No 2 Year of 2024 regarding The scope of regulation and supervision of Does not have a significant
Information system security and cyber information system security and cyber resiliencies impact on the financial
resilience for payment system operators, includes, among others: statements for the current period
money market and foreign exchange • Governance or previous years.
market players and other parties regulated • Prevention
and supervised by Bank Indonesia • Handling
• Monitoring
• Collaboration
2. PBI No 6 Year of 2024 regarding Money Basic principles of regulation, development and Does not have a significant
Market and Foreign Exchange Market supervision of money market and foreign exchange impact on the financial
market target, among others: statements for the current period
• Considering international practice or previous years.
• Data and information digitalization
• Integrating inclusion and sustainable finance
perspective
• Effective, efficient and well-governed; and
• Encouraging synergy and increasing innovation.
3. PADG No 2 Year of 2024 regarding Banks designated by Bank Indonesia may become Does not have a significant
Primary Dealer primary dealer and fulfill the primary dealer criteria impact on the financial
and obtain approval from Bank Indonesia. statements for the current period
or previous years.
4. POJK No 15 Year of 2024 regarding • Obligation of financial reporting process with Does not have a significant
Integrity of Bank Financial Reporting integrity. impact on the financial
• Prohibition of financial engineering for statements for the current period
the Board of Directors, the Board of or previous years.
Commissioners, Sharia Supervisory Board and
Executive Officers.
• Establishment and implementation of internal
control policies and procedures in the financial
reporting process.
• Establishment of specialized working units.
5. POJK No 30 Year of 2024 regarding Regulation and supervision of financial services Does not have a significant
Financial Conglomerate and Parent institutions that have ownership and/or control impact on the financial
Company of Financial Conglomerate relationships in various financial services sectors. statements for the current period
or previous years.
CHANGES IN ACCOUNTING POLICY
There are no material changes in accounting policies for the financial year December 31, 2024.
COMPLIANCE AS TAXPAYER
Tax Management and Payment Policy
SMBCI’s policy on tax management and compliance, including tax payments, has been stated in the Bank’s
standard tax operating procedures. Implementation of compliance with tax regulations as a taxpayer is part of the
implementation of good corporate governance. Therefore, the Bank always fulfills these obligations.
Realization of Tax Payments
(Rp Million)
Description 2024 2023 2022
Corporate Income Tax 514,201 515,697 503,801
Employee Income Tax 377,713 345,134 309,729
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Management Discussion and Analysis
Marketing
Aspect
The Bank’s market share, in terms of assets,
credit distribution, and third-party funds,
showed further improvement in 2024.
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Management Discussion and Analysis
SMBC Indonesia, “Bank”) recognizes that marketing To serve SME customers, SMBC Indonesia Business
activities are a crucial part of the Bank’s operational Banking will focus on developing existing services
activities, which aim to achieve business targets. The through the optimization of branch networks and
evolving customer expectations are one of the drivers infrastructure. Furthermore, SMBC Indonesia Business
of increased competition in the financial industry, Banking has developed electronic channels through
especially banking. mobile platform and Touchbiz website which currently
have digital capabilities for simple payment, transaction,
These conditions pose challenges that SMBC Indonesia and cash management.
must address to adapt to all changes effectively.
Therefore, the Bank continuously enhances service SMBC Indonesia Business Banking also collaborates
quality and implements effective marketing strategies to with several strategic partners to enhance customer
meet customers’ growing and varied needs. acquisition. These collaborations also include business
development training and education for bank customers
For SMBCI, maintaining and increasing market share is and potential customers.
crucial to ensure sustainable business growth.
The Bank also continues to enhance collaboration and
synergy among business lines, such as Corporate,
MARKETING STRATEGY Retail Banking, and Business Banking, to increase
cross-selling activities for SMBC Indonesia.
In 2024, Bank SMBC Indonesia determined and put
into action marketing strategies aimed at boosting the In the Retail Lending segment, to serve retirees in
effectiveness of its products and services. This was remote locations, Bank SMBC Indonesia continues to
done not only to improve the Company’s business develop payment point networks in collaboration with
performance but also to provide maximum satisfaction PT Pos Indonesia, as well as with third parties, such as
to customers. electronic payment device providers and other parties
with extensive service/outlet networks.
Regarding Corporate services, Bank SMBC Indonesia
continues to collaborate with the Business Banking Additionally, development in the micro sector remains
and Retail Banking segments for cross-sell activities for focused on financing in the form of capital access loans
Customers by offering payroll services with the aim of and banking services for productive economic actors
Jenius accounts for company employees and providing (MSMEs) and their communities. Financing provided
working capital loans related to the supply chain and to customers includes loans tailored to the needs of
will continue in 2025. In terms of digitizing banking their businesses to enhance their business capacity.
transactions, SMBC Indonesia has been equipped with Micro customers are provided with product options
system integration capabilities using SNAP-based APIs, tailored to their business cycles, loan purposes, and
including Balance Inquiry API, Transfer API (transfer and currently, the development of micro product potentials
to other Banks using BI-FAST), and Virtual Account API. is expanded not only through direct offers to MSMEs
but also through business model cooperation with
In terms of systems, the Bank has several electronic SMBC Indonesia partners (community partnerships).
Banking (e-Banking) platforms including SMAR&TS, Micro customers are provided with capacity-building
Jenius, and Business Access. Bank SMBC Indonesia programs through the SMBC Indonesia Daya.id online
aims to continually create innovative platforms program so that they can scale up their businesses.
to enhance our services, explore new business
opportunities, and initiate Greenhouse Gases emission
calculations across the supply chain of our corporate
customers, in line with Greenhouse Gases protocol.
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Management Discussion and Analysis
Marketing Aspect
Bank SMBC Indonesia also continues to establish new During the name change to SMBC Indonesia, Jenius
partnerships with third parties in providing financing to also introduced the new Jenius Visa Debit Card
individual and corporate debtors, both in joint financing design and Jenius booth. The new Jenius Visa Debit
and channeling schemes. Card design is available in white color as a symbol
of a new sheet of an increasingly meaningful journey,
Aligned with the advancements in information both nationally and internationally. This new design
technology in the financial industry, including banking, represents the spirit of Think Unthinkable Jenius, who
the Bank has also implemented online-based marketing always thinks and creates something out of the same
strategies for customers, such as web meetings, to mindset. Meanwhile, with the new booth display, Jenius
quickly and accurately address every financial need invites customers to interact and become part of Bank
customers may have. Additionally, the Bank regularly BTPN’s transformation into SMBC Indonesia. These two
provides educational services to customers on various innovations provide an exciting new experience in digital
topics beyond banking products, such as seminars, banking.
training sessions, and Corporate Social Responsibility
(CSR) programs. Jenius continues to collaborate with partners to provide
increasingly complete services such as for the Jenius
Regarding Jenius, to enhance and deliver increasingly Credit Card Yay Points redemption category for e-wallet,
relevant services to customers, the Bank continues to travel, and lifestyle categories that can be redeemed
develop revolutionary features in the Jenius application. in real-time directly from the application. In addition, to
The development process for these features, both reach more people, Jenius is also still collaborating with
enhancing existing features and introducing new ones, well-known running events in Indonesia as a co-title
involves co-creation by listening to ideas and feedback sponsor and official banking partner and holding various
from users and potential users. activities with communities in cities in Indonesia.
Customer experience using Jenius is maximized for Furthermore, to fulfill the Bank’s obligations under OJK
domestic and international transactions. Customers Regulation No. 51/POJK.03/2017 regarding sustainable
can sell and buy foreign currencies in Jenius without finance implementation for Financial Services
time restrictions, 24 hours a day, seven days a week. Institutions, Issuers, and Public Companies, SMBC
Domestically, customers can send funds from Jenius to Indonesia cooperates with SMBC and other agencies to
other banks that are members of the BI-FAST network organize workshops/seminars related to Environment,
without fees, without quotas, and every day. In addition, Social, Governance (ESG) for corporate customers. This
any cashback earned from the promo will be deposited helps customers gain knowledge/awareness of ESG,
in Cash Cow, a special savings feature that can be used which can then assist them in transitioning to net zero
when customers make transactions. emissions. SMBC Indonesia was also selected as one of
the banks in the implementation of the pilot project for
On the credit side, Jenius also presents Creditbility as a reporting Indonesia’s Green Taxonomy (THI). This opens
feature that allows customers to access credit products up opportunities for financing and other opportunities
in Jenius at once in one application. Customers can related to ESG/sustainability (including the development
also manage credit products more practically and safely of ESG-related financing facilities - green, social, and
in one application, with the flexibility of allocating credit sustainability-linked loans) for corporate customers. As
limits in three Jenius credit products, namely Jenius part of the SMBC Group, SMBC Indonesia will identify
Paylater, Flexi Cash, and Jenius Credit Card. and control emissions financed across its loan portfolio,
especially for sectors with emission reduction targets
set by SMBC.
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Management Discussion and Analysis
Moreover, with the increasing awareness of corporate This strategy aims to maximize differentiation
customers about environmental and social issues, opportunities amid competition by offering funding
there is a growing trend among corporate customers products that not only provide financial benefits but
to seek financial products that align with these values. also have a real positive impact. By focusing on ESG
This includes not only financing but also funding principles, Bank SMBC Indonesia can enhance its
through deposit products. Through ESG Deposits, Bank reputation as a positive agent of change in society,
SMBC Indonesia encourages corporate customers increase customer loyalty, and attract the attention of
to participate in creating sustainability in the financial potential customers who share these values.
sector. ESG Deposits reflect a commitment to good
corporate governance, emphasizing integrity and ethics To support maximum service to customers, the Bank
in fund management. This approach is supported by continually measures Service Level Agreements
transparency, where sectors that can be supported by (SLAs). The Bank handles customer complaints well,
the ESG Deposit framework can be accessed through especially to ensure they are responded to promptly and
the official Bank SMBC Indonesia website. accurately.
MARKET SHARE
Information on SMBC Indonesia’s market share in 2024 is presented in the following table.
Bank SMBC Indonesia Market Share
(Rp Million, unless stated otherwise)
Criteria Description 2024 2023
Assets Commercial Bank 12.460.955 11.765.838
SMBC Indonesia 241.096 201.448
Market Share 1.9% 1,7%
Total Third-Party Funds Commercial Bank 8.837.242 8.457.929
SMBC Indonesia 121.318 108.199
Market Share 1.4% 1,3%
Total Loans Commercial Bank 7.827.148 7.090.243
SMBC Indonesia 179.405 156.561
Market Share 2.33% 2,2%
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Risk Management 156 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
05
Risk
Management
158 Risk Management Policy
159 Implementation of Risk Management
159 Risk Management Organization
161 Description of Risk Management Implementation
164 Review of the Effectiveness of the Risk
Management System
165 Statement of the Board of Directors and/or Board
of Commissioners or Audit Committee on the
Adequacy of Risk Management
165 Internal Control System
166 Capital Disclosure
183 Disclosure of Risk Exposure
Bank SMBC Indonesia and its subsidiaries
collaborate to continuously develop policies
and implement risk management in line
with business strategy, information system
management and regulatory changes.
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Risk Management
SMBC Indonesia designed a risk management process 4. The methodology and management information
to be able to identify, measure, monitor, and control the system used , is able to measure risk and support
risks faced by SMBC Indonesia and its Subsidiaries. the business.
Risk management is intended to ensure that the Bank’s 5. Determination of authority and limit amount that
business activities do not cause losses that exceed describes the maximum risk of losses, which can
the predetermined risk appetite or even disrupt the be accepted, in line with the Bank’s risk tolerance
continuity of the Bank’s business. and appetite.
6. Business continuity management plan.
In implementing risk management, SMBC Indonesia 7. Cyber Security & Information Risk Management.
is guided by the Financial Services Authority (OJK) 8. Policy that governs new product and activity.
regulations, which regulate the implementation of risk 9. Credit policy as a credit guideline, that regulate loan
management for commercial banks, as well as the Basel process, analysis, approvaland legal lending limit,
regulations issued by the Basel Committee on Banking documentation, limit setting and reporting.
Supervision (BCBS). Risk management is implemented, 10. Measurement and determination of Bank’s risk level
both individually and consolidated. is provided on risk profile.
11. Policy related Treasury includes liquidity risk
The risk management framework is implemented management and ALMA (Asset and Liabities
through adequate policies, procedures, risk Management) policy.
management tools, risk limit setting, and authority.
The Bank and Subsidiaries carry out continuous risk References to statutory regulations that form the basis
management development in line with increasing for implementing Bank risk management include:
business complexity and developments in organization, 1. OJK regulation No. 15 Year 2024 concerning the
strategy, and information system management. Integrity of Bank Financial Reporting
2. OJK Regulation Number 12 of 2024 concerning
The implementation of risk management within SMBC the Implementation of Anti-Fraud Strategies for
Indonesia includes: Financial Services Institutions.
1. Active oversight of the Board of Commissioners 3. OJK Regulation Number 30 of 2024 concerning
and the Board of Directors; Financial Conglomerates and Financial
2. Adequate Risk Management policy and procedures Conglomerations Holding Companies.
as well as Risk limit setting; 4. OJK Regulation Number 17/2023 concerning
3. Adequacy of risk identification, measurement, Implementation of Governance for Commercial
monitoring, and control processes as well as risk Banks.
management information systems; and 5. OJK Regulation Number 21 of 2023 concerning
4. Comprehensive internal control. Digital Services by Commercial Banks.
6. OJK Regulation Number 11/POJK.03/2022
concerning the Implementation of Information
RISK MANAGEMENT POLICY Technology by Commercial Banks.
7. OJK Circular Letter Number 29/SEOJK.03/2022
The Bank implements risk management policies concerning Cyber Resilience and Security for
consistently, in line with the Bank’s vision, mission, Commercial Banks.
and strategic plans. This policy was created to ensure 8. OJK Regulation Number 12/POJK.03/2021
that the Bank’s risk exposure is in line with internal concerning Commercial Banks.
policies and procedures as well as applicable laws and 9. OJK Regulation Number 13/POJK.03/2021
regulations. concerning the Implementation of Commercial
Bank Products.
Several factors to consider in implementing risk 10. OJK Regulation Number 17/POJK.03/2021
management policies are as follows: concerning the Second Amendment to OJK
1. Business and product type conducted, in Regulation Number 11/POJK.03/2020 concerning
accordance with Bank’s vission, mission and National Economic Stimulus as a Countercyclical
business strategy. Policy for the Impact of the Spread of Coronavirus
2. Risk identification and mitigation clearly, and Disease 2019.
controlled, specially related to Bank’s product and 11. OJK Regulation Number 1/POJK.03/2019 dated 28
transaction. January 2019 concerning the Implementation of the
3. Clearly segregation on each risk type management. Internal Audit Function in Commercial Banks.
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Risk Management
12. OJK Circular Letter Number 21/SEOJK.03/2017 IMPLEMENTATION OF RISK
concerning the Implementation of Risk MANAGEMENT
Management in the Use of Information Technology
by Commercial Banks. In implementing risk management, SMBC Indonesia
13. OJK Regulation Number 38/POJK.03/2017 refers to a number of regulations, including OJK
concerning the Implementation of Consolidated Regulation No. 18/2016 and Circular Letter No. 34/
Risk Management for Banks that Control SEOJK.03/2016 concerning the Implementation of
Subsidiaries. Risk Management for Commercial Banks and OJK
14. OJK Circular Letter Number 35/SEOJK.03/2017 Regulation No. 38/POJK.03/2017 concerning the
dated July 7, 2017 concerning Standard Guidelines Implementation of Consolidated Risk Management for
for Internal Control Systems for Commercial Banks. Banks that Control Subsidiaries. The Bank submits
15. OJK Regulation Number 46/POJK.03/2017 dated risk profile reports every quarter, both individually and
July 12, 2017 concerning the Implementation of consolidated.
Commercial Bank Compliance Functions.
16. OJK Regulation Number 18/SEOJK.03/2016 The implementation of risk management at SMBC
concerning the Implementation of Risk Indonesia is managed by the Risk Management
Management for Commercial Banks. Directorate, which is independent from business
17. OJK Circular Letter Number 34/SEOJK.03/2016 and operational units. The Bank holds monthly Risk
concerning Implementation of Risk Management for Management Committee meetings attended by the
Commercial Banks Board of Directors and the Risk Monitoring Committee
18. OJK Regulation Number 34/POJK.03/2016 attended by the Board of Commissioners to discuss
concerning Amendments to OJK Regulation risks and problems faced by the Bank and provide
Number 11/POJK.03/2016 dated January 29, 2016 recommendations for follow-up actions to improve and
concerning Minimum Capital Requirements. refine the implementation of risk management at the
19. OJK Circular Letter Number 14/SEOJK.03/2015 Bank. The Risk Management Directorate periodically
concerning the Implementation of Integrated Risk reviews risk management policies, procedures, and risk
Management for Financial Conglomerations. management tools, including providing socialization and
20. OJK Regulation Number 17/POJK.03/2014 understanding to all work units for managing existing
concerning the Implementation of Integrated Risk risks.
Management for Financial Conglomerates.
21. Basel Committee on Banking Supervision (BCBS).
RISK MANAGEMENT ORGANIZATION
The Bank also has a number of internal provisions
related to the implementation of risk management, The risk management organization of the Bank and
including: Subsidiaries involves oversight from the Board of
1. Corporate Governance Policy. Commissioners and the Board of Directors. The
2. Risk Management Policy. Bank and Subsidiaries have also established a Risk
3. Compliance Policy. Monitoring Committee as the highest supervisor at
4. Internal Audit Policy and Internal Audit Charter. the Commissioner level and a Risk Management
5. Credit Policy Committee at the Director level, which is a very
6. Operational Risk Management Policy important part of risk control. In addition, the Bank
7. Cybersecurity Risk Management Policy and Subsidiaries have also formed an Integrated Risk
8. Business Continuity Management Policy. Management Committee, which has the responsibility
9. Insurance Management Policy. to provide recommendations to the Bank’s Board of
10. Anti-Fraud Strategy Policy. Directors (Main Entity) regarding matters relating to
11. Third Party Risk Management Policy. the implementation of Integrated Risk Management,
12. Information Technology Use Policy. including the establishment and improvement of
13. Internal Control Policy on Financial Information and/ relevant Risk Management Policies, Strategies and
or Financial Statements. Frameworks.. The Committee is the control unit that
14. Integrated Risk Management and Capital Adequacy monitors all risks inherent in the operational activities of
for Financial Conglomeration Policy. the Bank and Subsidiaries.
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President Director
Head of Risk Management
Market & Liquidity Operational & Fraud Portfolio
Cyber Security Risk Risk Management
Secretary Risk Management Risk Management Management Credit Risk Head
Management Head Planning Head
Head Head & Policy Head
In carrying out their duties regarding the implementation 9. Establish the implementation of risk management
of risk management, the Board of Commissioners and tools and evaluate the accuracy of models and
the Board of Directors are assisted by committees and validity of data used for measuring risks for Bank.
work units, namely: 10. Coordinate Bank’s internal control and risk control
1. Risk Monitoring Committee functions to ensure the availability and adequacy of
2. Risk Management Committee control over all risks from each process carried out
3. Fraud Committee by all line of business and support function work
4. Credit Policy Committee units.
5. Assets and Liabilities Committee (ALCO) 11. Conduct cybersecurity maturity assessments and
6. Information Technology Steering Committee cybersecurity testing on a regular basis at least
7. Integrated Risk Management Committee (KMRT) once a year including reporting to regulators.
8. Risk Management Work Unit 12. Ensure consistency of the risk management
9. Internal Audit implementation across the 8 (eight) types of risk.
10. Risk Taking Unit
In terms of implementing Integrated Risk Management,
The Risk Management Work Unit (SKMR) is an there is an Integrated Risk Management Work Unit
independent unit of the Risk Taking Unit that carries (SKMRT) function, which is under the SKMR.
out risk management functions led by the Head of Risk
Management and is directly responsible to the President SKMRT functions to assist the Board of Directors in:
Director. 1. Provide input in the preparation and improvement
of Integrated Risk Management policies to both the
SKMR functions to assist the Board of Directors in: Board of Directors and KMRT.
1. Provide recommendation to Directors, covering 2. Monitor the implementation of Integrated Risk
development of risk management policy, strategy Management policies, including developing
and guideline. procedures for carrying out the Integrated Risk
2. Perform the process of risk identifying, Management process.
measurement, monitoring and control, related to 3. Carry out an integrated capital adequacy
Bank’s business activity. assessment or calculation.
3. Monitoring the implementation of risk management 4. Conduct risk monitoring in the Conglomeration
policy, strategy and guideline. by monitoring the Financial Services Institution
4. Monitoring of overall risk position/exposure, risk by risk profile assessment result of each member
type, and by type of functional activity, and perform of the Conglomerate, integrated risk appetite for
stress testing according to the applicable Stress each type of risks and integrated risk profile of the
Test rocedure. Conglomeration.
5. Review risk management process. 5. Conduct stress tests on the Conglomerate’s
6. Perform risk assessment of new activity and/or ability to deal with stress situations specific to the
product, including the enhancement or amendment. Conglomerate or the market in general. For this
7. Give recommendation to risk taking unit and Risk reason, a stress test was carried out through a
Management Committee, in accordance with the consolidated risk profile stress test.
authority given.
8. Provide and submit Bank’s risk profile report to
Directors and Risk Management Committee, at
least quarterly, and reporting to OJK periodically, as
regulated.
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6. Carry out regular reviews of the accuracy of the risk 8. Provide information to KMRT regarding matters that
assessment methodology, the adequacy of the risk need to be followed up regarding the results of the
management information system implementation, evaluation of the implementation of Integrated Risk
the accuracy of policies and procedures, and the Management.
determination of risk limits in an integrated manner. 9. Prepare and submit Risk Profile Reports and
7. Review the impact of the entry of new business Integrated Capital Adequacy Reports periodically
lines into the Conglomerate, which could have to the Director/Head of the Main Entity, KMRT, and
a significant impact on the Conglomerate’s risk Regulators.
exposure.
DESCRIPTION OF RISK MANAGEMENT IMPLEMENTATION
SMBC Indonesia has a risk management implementation process that has been stipulated in the Risk Management
Policy and Integrated Risk Management and Capital Adequacy for Financial Conglomeration Policy. The series of
processes is presented in the table below.
No. Process Description
1 Risk Identification All types of risks inherent in every product, service, and business activity must be identified.
This is done to determine potential risks and impacts, allowing the Bank to prepare control
mechanisms. Risk identification must be carried out by each Risk Taking Unit as the first line
of defense and strengthened by oversight by the Risk Management, Compliance and Legal,
Finance and Planning, and Human Resources Work Units as the second line of defense, taking
into account the following factors:
a. Carrying out risk identification periodically.
b. Possess policies and tools to identify risks in all Bank products and business activities.
c. The identification process is carried out by analyzing all sources of risk from the Bank’s
products, services, and activities and ensuring that risk management has gone through an
adequate risk management process prior to being implemented.
2 Risk Measurement All risks that have been identified must be measured as part of the evaluation of the results of
the implementation of risk management and the basis for determining corrective steps. One way
to measure risk exposure is to determine risk parameters. These parameters must be adjusted if
material changes to the product, process, or risk factors occur.
3 Risk Monitoring and Limits The Risk Taking Unit and Risk Management Work Unit are required to monitor risk exposure and
risk limits and report this to the Board of Directors and Board of Commissioners periodically.
4 Risk Control Risk control must be carried out on Bank products, services, and activities. Risk control refers to
the three lines of defense model, namely the Risk Taking Unit and Business Risk/ICR as the first
line of defense. Risk Management, Compliance and Legal, Finance and Planning, and Human
Resources work units are the second line of defense, and Internal Audit (SKAI) is the third line of
defense.
5 Risk Management Information Risk Management Information System can accommodate risk mitigation strategy, accuracy,
System informative on financial, functional and risk exposure performance conditions, updated, secured,
consistent, and available on-time basis as well as having audit footprint.
6 Implementation of Consolidated Consolidated risk management monitoring is limited to subsidiaries operating in the financial
Risk Management sector. This is in accordance with OJK regulations, which include:
a. Oversight of the Board of Commissioners and the Board of Directors.
b. Adequate Risk Management policy and procedures as well as Risk limit setting.
c. Adequacy of risk identification, measurement, monitoring, and control processes as well as
risk management information.
d. Comprehensive Internal Control System.
7 Implementation of Integrated Implementation of Integrated Risk Management is carried out based on the Integrated Risk
Risk Management Management Policy prepared by the Bank as the Main Entity. This policy is a guideline for the
Main Entity and members of the Conglomerate in carrying out risk and capital management
activities, especially those related to the Financial Conglomerate.
To support the effective implementation of Integrated Risk and Capital Management, the
Bank established an Integrated Risk Management Committee (“KMRT”) as well as the SKMRT
function.
Climate Risk Management
In accordance with POJK number 17 of 2023 and directions from the OJK, SMBC Indonesia has begun identifying
climate-related risks, both transition risks and physical risks, in priority sectors for productive credit along with the
implementation of piloting Climate Risk Management and Scenario Analysis (CRMS) for stage 1 (50% of Bank’s
portfolio).
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The scenarios used in carrying out Climate Risk Focus in 2024
Management and Scenario Analysis (CRMS) refer to 1. Establish framework and stress testing schemes
scenarios in accordance with OJK directions as outlined related to Climate Risk in Credit Risk, Operational
in the Climate Risk Management and Scenario Analysis Risk, Market Risk, and Liquidity Risk Area and
(CRMS) guidance. preparing a Bottom up CRST piloting report in
accordance with regulatory directives.
Gradually, SMBC Indonesia is initiating to prepare 2. Bank continues to develop concepts and
a climate-related risk management framework and frameworks as well as automation for predefined
developing employee competency and awareness of the reports through Enterprise Risk Datamart which
risks/impacts of climate change through various training includes credit, market & liquidity and fraud
or socialization as well as continuing the preparation monitoring.
process for implementing Climate Risk Management 3. Maintaining the Bank’s risk profile in line with the
and Scenario Analysis (CRMS) phase 2 in the following Bank’s risk appetite
year. 4. Stabilization of the Financial Analytics Framework
and develop automation process to accommodate
Risk Management Culture the implementation of regulatory financial impact
SMBC Indonesia considers it is important for all simulations, forecasting at the bankwide and
employees to know and understand the various business unit levels, as well as for adequate stress
risks faced in the Bank’s activities. Therefore, a risk testing purposes as a medium to evaluate portfolio
management culture is implemented by building trust, quality under certain scenario conditions or other
implementation, and management supervision, which external events based on model documentation.
will ensure that the Bank’s activities are carried out in 5. continuous improvement is needed in risk
accordance with the prudent principle. management process at internal SMBCI Indonesia
to minimize losses caused by risk event including
Risk culture is established through: fraud incident.
1. Direction and oversight from the Board of 6. Continue initiatives to strengthen cyber security
Commissioners and the Board of Directors. (including information security management)
2. Introduction of risk management as an integral part through the implementation of the following
of business implementation. activities, such as:
3. Compliance with all applicable policies, procedures, a. Continue the implementation of cyber security
laws, and regulations. programs such as surveillance systems,
email auto encryption to protect sensitive
Risk awareness and culture are built at all levels of the Bank information which being sent via email,
organization through: development of mechanisms for handling
1. Risk management by the Board of Commissioners and managing cyber security incidents to
and the Board of Directors is carried out through improve response capabilities to incidents
a process of direction and oversight at meetings that occur, perform an assessment to the
of the Risk Monitoring Committee and Risk cloud-based security standards at the Bank,
Management Committee. adoption of national API standards to support
2. Communication of the expected level of risk profile the implementation of PADG No. 23/15/
is carried out through determining various risk limits PADG/2021 regarding National Standard
and portfolio management. Payments for Open Application Programming
3. Giving authority to employees to handle Interface (SNAP).
risks carefully in carrying out bank business b. Implementing risk management related to
activities. Oversight of the implementation of risk cyber security at the Bank based on the
management is carried out, among other things, applicable cyber security risk management
by self-assessment methods and an internal framework with the implementation process
monitoring system. carried out gradually and continuously to
4. Implementation of training and/or risk awareness support the implementation of cyber security
campaigns, which are carried out periodically and standards in accordance with PBI No. 23/7/
continuously. PBI/2021 regarding Infrastructure Provider of
5. Compliance with all applicable policies, procedures, Payment System, POJK No. 11/POJK.03/2022
laws, and regulations. regarding Implementation of Information
6. Monitoring the effectiveness of risk management in Technology by Commercial Bank, and SEOJK
all areas. No. 29/SEOJK.03/2022 regarding Cyber
Security and Resilience.
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c. Continue the implementation of cybersecurity 7. Developing applications for risk-weighted asset
standards-based on international standards the (RWA) calculation application for market risk based
Information Security Management Standard on the latest regulations.
(ISMS / ISO 270001) which prioritizes the 8. Developing the Basel III liquidity reporting system to
Bank’s payment system in accordance with the meet the need of stress testing and new regulatory
applicable PBI regulations, whose certification plan from OJK regarding LCR and NSFR reporting.
has been effectively obtained by the Bank 9. Developing Bank policies in accordance with
since July 1, 2023. The Bank also continuously Fundamental Review of the Trading Book (FRTB)
improves and updates the implementation of and regulations related to Risk Weighted Asset for
cybersecurity standards based on Information market risk
Security Management Standard (ISMS / ISO 10. Improve monitoring process to the subsidiaries
27001) by referring to the latest standards by SMBC Indonesia as the parent company in
issued by authorized institutions. managing risk management.
d. Continuously implement, develop and make
necessary improvements to a mechanism Plan for 2025
for implementing third party due diligence 1. Continue preparing the Climate Risk framework and
to analyze and assess the capabilities of improving the implementation of the Climate Risk
third parties in collaboration with the Bank in Stress Test for 100% of the portfolio and conduct
implementing cyber security standards as well other initiatives related Climate Risk in accordance
as to ensure the security of information and with regulatory guidelines.
Bank assets managed by third parties. 2. The Bank is in stabilization process to integrate
e. Develop a management framework and availability data in Enterprise Risk Datamart and
personal data management mechanism to parallelly continuing the development process
ensure that the management of personal data through automation of predefined reports which
at the Bank, both in the form of customer is includes credit, market & liquidity and fraud
personal data, as well as employee personal monitoring.
data and various other forms of personal data 3. Maintaining the Bank’s risk profile in line with the
can be carried out appropriately. In addition Bank’s risk appetite
to being able to minimize risks related to 4. Establish framework and policy for Integrated Risk
leakage of sensitive Bank information in the Management implementation within the framework
form of personal data or misuse of personal of Financial Conglomeration.
data in accordance with Law No. 27 of 2022 5. Stabilization process of the Financial Analytics
concerning Personal Data Protection, PBI No. Framework and developing applications for
3 of 2023 concerning Consumer Protection of automation needs.
Bank Indonesia, POJK No. 6/POJK.07/2022 6. The Bank will strengthen the supervisory function of
concerning Consumer and Community related work units in fighting financial crime in order
Protection in Financial Services Sector. to minimize losses that occur.
f. Develop capability on Cyber Security testing 7. Continuing initiatives to improve cyber security
and simulation from establishing a red teaming (including information security management)
function to proactively detect weaknesses in through implementing the following activities and
the Bank’s environment and remediate the matters, namely:
gaps to minimize possible risks. a. Continuing the implementation of cyber
g. Enhance Cyber Defense mechanisms and security programs such as implementing
methodology to combat ever-evolving Cyber email auto encryption to provide protection
threats. for sensitive Bank information sent via email,
implementing EDR/XDR tools to strengthen
Bank security standards against the threat of
ransomware attacks, implementing SFTP to
support the implementation of secure data
exchange processes with external parties ,
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development of mechanisms for handling and personal data, employee personal data, and
managing cyber security incidents to improve various other forms of personal data, can
response capabilities to incidents that occur, be carried out appropriately. In addition to
review of cloud-based security standards at minimizing risks related to leakage of sensitive
the Bank, adoption of national API standards Bank information in the form of personal data
to support the implementation of PADG or misuse of personal data in accordance with
No. 23/15/PADG/2021 concerning National Law No. 27 of 2022 concerning Personal Data
Standards for Open Application Programming Protection, PBI No. 3 of 2023 concerning Bank
Payment Interface (SNAP). Indonesia Consumer Protection, and POJK No.
b. Implement risk management related to cyber 6/POJK.07/2022 concerning Consumer and
security at the Bank based on the applicable Community Protection in the Financial Services
cyber security management framework, Sector.
with the implementation process carried out f. Develop capabilities in Cyber Security testing
in stages and continuously to support the and simulation starting from establishing a
implementation of cyber security standards red teaming function to proactively detect
in accordance with PBI No. 23/7/PBI/2021 weaknesses in the Bank’s environment and
concerning Payment System Infrastructure address gaps to minimize possible risks.
Operators, POJK No. 11/POJK.03/2022 g. Improving Cyber Defense mechanisms and
concerning the Implementation of Information methodologies to combat ever-evolving cyber
Technology by Commercial Banks and SEOJK threats.
No. 29/SEOJK.03/2022 concerning Cyber 8. Continuously perform monitoring process to the
Resilience and Security for Commercial Banks subsidiaries by SMBC Indonesia as the parent
and PBI No. 2 of 2024 concerning Information company in managing risk management.
System Security and Cyber Resilience for
payment system operators, money and foreign
exchange market players, as well as other REVIEW OF THE EFFECTIVENESS OF
parties regulated and supervised by Bank THE RISK MANAGEMENT SYSTEM
Indonesia.
c. Continuing the implementation of cyber SMBC Indonesia conducts a review of the effectiveness
security standards based on the international of the implementation of the risk management system
standard Information Security Management used at least once a year. For the 2024 financial year,
Standard (ISMS / ISO 27001), which is the results of the review are:
prioritized in the Bank’s payment system in 1. The Bank has reported the implementation of the
accordance with applicable PBI provisions, Climate Risk Stress Test phase 1 for 50% of the
the certification of which has been effectively portfolio, which includes credit risk, market and
obtained by the Bank since July 1, 2023. The liquidity Risk, as well as operational risk at the end
Bank also continuously makes improvements of July 2024, and currently the Bank is in the stage
and updates to the implementation of cyber of preparing the framework for Climate Risk.
security standards based on the Information 2. The Bank submit risk profile reports in accordance
Security Management Standard (ISMS / ISO with OJK regulations.
27001) by referring to the latest standards 3. The Bank is in the stabilization process of
issued by the authorized institution. integrating the data available in the Enterprise
d. Continuously implement, develop, and make Risk Datamart and, in parallel, continuing the
necessary improvements to the mechanisms development process through automation of
for implementing due diligence and third- predefined reports.
party monitoring to analyze and review the 4. The Bank will continue the development of the
capabilities of third parties collaborating with Financial Risk Analytics Framework concept
the Bank in implementing cyber security through an automation process that is currently still
standards and ensuring the security of the ongoing.
Bank’s information and assets managed by 5. The Bank has reported RWA for Operational Risk
third parties. and Credit Risk using the Standardized Approach
e. Prepare and develop a management (SA) in accordance with applicable regulations.
framework and personal data management The Bank has also calculated Market Risk RWA
mechanism and implement it within the Bank reporting using the Standardized Approach (SA) in
to ensure that personal data management at accordance with applicable regulations.
the Bank, whether in the form of customer
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6. The Bank has developed the oversight function of For the implementation of risk management in 2024,
each 2nd LoD, including the systems and tools used, the Board of Commissioners and the Board of
such as the risk grading matrix (RGM), process risk Directors consider that the Bank’s risk management is
control (PRC), and key risk indicators (KRI). adequate. Its implementation has also been aligned with
7. The Bank has aligned the Key Performance developments in the Bank’s economic and business
Indicator (KPI) Risk & Compliance with Internal conditions.
Control & Risk (ICR) Maturity Self Assessment
(MSA). The Bank’s internal policies related to risk management
8. The Bank is currently adjusting monitoring refer to applicable laws, including the provisions of the
processes and procedures for subsidiary Financial Services Authority, Bank Indonesia, and the
companies in implementing Risk Management. Deposit Insurance Corporation. The Bank also has a
9. The Bank periodically and continuously carries review mechanism that is carried out periodically on the
out market risk and liquidity risk stress testing to effectiveness of risk management implementation.
measure and monitor its impact on the Bank’s
financial condition and liquidity resilience, as well
as to anticipate changes in economic and external INTERNAL CONTROL SYSTEM
conditions. The Bank also measures interest rate
risk in the Banking Book to monitor potential The Internal Control System approach used by SMBC
declines in capital value (Economic Value of Equity/ Indonesia is using the 3 (three) lines of defense model.
EVE) and profitability (Net Interest Income/NII). Each of these lines works independently with integrated
10. The Bank continues to implement initiatives roles and responsibilities, detailed as follows:
to improve information security through the
implementation of user awareness campaigns and First Line of Defense
cyber security training, including periodic and ad It is a Risk Taking Unit (RTU) that is assisted by the
hoc phishing simulation programs using the latest relevant Business Risk/ICR to enforce daily risk
materials and implementing due diligence and management practices in a disciplined manner.
periodic reviews of the implementation of cyber
security standards by third parties. Second Line of Defense
11. Periodically and continuously, the Bank also The Risk Management Work Unit, together with
continues to review the cyber security framework Compliance and Legal, Finance and Planning, and
policy and strategy to ensure its suitability to the Human Resources, defines, refines, and ensures
Bank’s current conditions. The implementation the implementation of risk management through
of cyber security policies, frameworks, and adequate identification, measurement, monitoring,
strategies will always be carried out continuously and control processes accompanied by adequate
and sustainably while still paying attention to the policies, procedures, and tools, as well as coordinating/
adequacy and availability of Bank resources. facilitating overall risk management activities.
12. The Bank is developing reports related to liquidity
risk, including Basel III reporting. Third Line of Defense
Internal Audit independently examines and evaluates
governance and the effectiveness of risk management
STATEMENT OF THE BOARD OF implementation.
DIRECTORS AND/OR BOARD
OF COMMISSIONERS OR AUDIT In its implementation, the Risk Management Work Unit,
COMMITTEE ON THE ADEQUACY OF which is the second line of defense, coordinates with
RISK MANAGEMENT Business Risk/ICR in the first line of defense to ensure
the implementation of effective risk management.
In risk management organizations, active oversight by As the third line of defense in the Internal Control
the Board of Commissioners is carried out through the System, Internal Audit has the function of evaluating
Risk Monitoring Committee and the Board of Directors the implementation of risk management and assessing
through the Risk Management Committee. The Board the effectiveness of internal control over all aspects
of Directors directly leads the implementation of risk of the Bank’s activities using a risk-based approach,
management within the Bank. including aspects of the adequacy of human resources,
customer service, bank infrastructure, and quality of
implementation of key processes that pose risks for the
Bank.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 165
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Risk Management
Internal Audit monitors the improvement status of each finding periodically and reports it to the President Director,
Board of Directors, and Audit Committee. The implementation of the supervisory function carried out by Internal
Audit is carried out based on Financial Services Authority Regulation (POJK) No. 1/POJK.03/2019 concerning the
Implementation of the Internal Audit Function in Commercial Banks and the International Practices of Professional
Framework (IPPF) established by the Institute of Internal Auditors (IIA). Every 3 (three) years, the Bank conducts an
audit of the internal audit’s supervisory function by an independent party to review the conformity of implementation
with applicable standards.
Three Lines of Defense Model Scheme and Internal Control Flow
Risk Monitoring Functions & Audit Committees
Board of Directors (BoD)/Board of Management BoM)
Coordination & Collaboration
External Auditors
Regulators
1st Line of Defense 2nd Line of Defense 3rd Line of Defense
Risk Taking Unit Risk Management Internal Audit
Business Risk/ICR Compliance & Legal
Finance & Planning
Human Resources
CAPITAL DISCLOSURE
Capital Structure
The complexity of the Bank’s products and business activities continues to grow. Subsequently, risk measurement
methods and techniques in omping industry. As a response, the Bank must always maintain adequate capital in order
to anticipate the risks faced by the Bank.
The Banks must also carry out capital management to ensure that the capital they currently have is above the
minimum level set by the Financial Services Authority (OJK). Capital must also be adequate to anticipate the risks
faced and support the Bank’s business plans and strategic plans in the future.
The Bank’s capital position as of December 31, 2024 based on applicable OJK regulations is as follows:
166 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Consolidated Key Metrics Report as of December 31, 2024
(In million Rupiah)
No. Deskripsi T T–1 T–2 T–3 T–4
Available capital (amounts)
1 Common Equity Tier 1 (CET1) 44,187,414 42,752,113 41,979,587 41,451,022 36.613.893
2 Tier 1 44,187,414 42,752,113 41,979,587 41,451,022 36.613.893
3 Total capital 49,182,846 47,508,107 46,573,740 46,202,843 41.157.380
Risk-weighted assets (amounts)
4 Total risk-weighted assets (RWA) 163,826,500 159,568,951 161,497,382 165,931,552 137.651.897
Risk-based capital ratios as a percentage of RWA
5 CET1 ratio (%) 26.97% 26.79% 25.99% 24.98% 26.60%
6 Tier 1 ratio (%) 26.97% 26.79% 25.99% 24.98% 26.60%
7 Total capital ratio (%) 30.02% 29.77% 28.84% 27.84% 29.90%
Additional CET1 buffer requirements as a percentage of RWA
8 Capital conservation buffer (2.5% from RWA) (%) 2.50% 2.50% 2.50% 2.50% 2.50%
9 Countercyclical Buffer (0-2.5% from RWA) (%) 0.00% 0.00% 0.00% 0.00% 0.00%
10 Capital Surcharge for Systemic Bank (1%-2.5%) (%) 1.00% 1.00% 1.00% 1.00% 1.00%
11 Total of bank CET1 specific buffer requirements (%) 3.50% 3.50% 3.50% 3.50% 3.50%
(row 8 + row 9 + row 10)
12 CET1 Component for buffer 20.84% 20.59% 19.66% 18.65% 20.60%
Basel III leverage ratio
13 Total Exposure 266,634,567 253,913,106 259,131,202 261,676,484 223,139,453
14 Leverage Ratio, including the impact from the 16.57% 16.84% 16.20% 15.84% 16.41%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14b Leverage Ratio, excluding the impact from the 16.57% 16.84% 16.20% 15.84% 16.41%
adjustment of the temporary exemption from account
with Bank Indonesia in regards with the fulfill of
stipulated Minimum Reserve Requirement (if any)
14c Leverage Ratio, including the impact of adjustment 0.00% 0.00% 0.00% 0.00% 0.00%
of the temporary exemption from account with Bank
Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
14d Leverage Ratio, excluding the impact of adjustment 0.00% 0.00% 0.00% 0.00% 0.00%
of the temporary exemption from account with Bank
Indonesia in regards with the fulfill of stipulated
Minimum Reserve Requirement (if any), which already
included the average from gross asset carrying value
Securities Financing Transaction (SFT)
Liquidity Coverage Ratio (LCR)
15 Total high-quality liquid assets (HQLA) 41,697,340 39,095,905 47,049,947 39,143,242 32,183,361
16 Total net cash outflow 17,060,915 16,568,924 19,827,918 16,625,971 17,466,631
17 LCR ratio (%) 244.40% 235.96% 237.29% 235.43% 184.26%
Net Stable Funding Ratio (NSFR)
18 Total available stable funding 180,332,951 170,940,721 169,825,688 170,415,257 131,606,862
19 Total required stable funding 144,245,411 143,190,330 146,893,811 147,259,786 115,658,692
20 NSFR ratio (%) 125.02% 119.38% 115.61% 115.72% 113.79%
QUALITATIVE ANALYSIS
• The Bank’s core capital as of December 31 2024 is IDR 44.2 trillion, an increase compared to the core capital in the previous period. This
was mainly due to an increase in other additional capital reserves from current year earnings.
• Total Bank Capital as of December 31 2024 is IDR 49.2 trillion, an increase compared to Total Capital in the previous period. This was
mainly due to an increase in core capital.
• Total RWA increased in December 2024 to IDR 163.8 trillion due to an increase in credit risk RWA.
• A increased in Bank’s core capital causes the CET1 Ratio, Tier 1 Ratio & Total Capital Ratio to increase. In December 2024 the Total
Capital Ratio will be at 30.02%.
Note:
T is quarterly period, T-1 is 1 quarterly previous period
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The difference between Consolidation and Mapping Coverage in Financial Statements in accordance with Financial
Accounting Standards with Risk Categories in accordance with the Financial Services Authority Regulations for Risk
Categories (LI1)
(In million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to Subject Subject to to capital
reported in Subject to
under scope counterparty to the the market requirements
published credit risk
of regulatory credit risk securitisation risk or subject to
financial framework
consolidation framework framework framework deduction
statements
from capital
ASSET
Cash 1,379,647 1,379,647 - - - 28,633 1,379,647
Placements with Bank Indonesia 19,631,166 19,631,166 - - - 6,361,307 19,631,166
Placements with other banks 3,542,001 3,542,001 - - - 709,117 3,542,001
Spot and derivative / forward 1,748,125 1,748,125 - 1,748,125 - 795,024 1,748,125
receivables
Securities 27,981,308 27,981,308 - - - 2,238,439 27,981,308
Securities sold under - - - - - - -
repurchase agreements (repo)
Claims from securities 468,188 468,188 - 468,188 - - 468,188
purchased under resale
agreements (reverse repo)
Acceptance receivables 3,334,619 3,334,619 - - - 1,362,820 3,334,619
Loans 169,232,858 169,232,858 169,232,858 - - 42,145,059 169,232,858
Sharia financing/receivables 10,171,759 10,171,759 10,171,759 - - - 10,171,759
Equity Investments 75,285 75,285 - - - 52,763 22,522
Other financial asset 1,218,012 1,218,012 - - - 472,469 1,218,012
Impairment on financial assets (5,911,900) (5,911,900) - - - (41,807) (5,911,900)
-/-
a. Securities (593) (593) - - - (442) (593)
b. Loans and Sharia financing (5,893,610) (5,893,610) (5,893,610) - - (25,894) (5,893,610)
c. Others (17,697) (17,697) - - - (15,470) (17,697)
Intangible assets 6,195,729 6,195,729 - - - - -
Accumulated amortization of (3,386,613) (3,386,613) - - - - -
intangible assets -/-
Fixed assets and equipment 6,058,147 6,058,147 - - - - 6,058,147
Accumulated depreciation on (3,773,725) (3,773,725) - - - - (3,773,725)
fixed assets and equipment -/-
Non-productive assets 161,400 161,400 - - - - 161,400
a. Abandoned properties - - - - - - -
b. Foreclosed assets 161,400 161,400 161,400 - - - 161,400
c. Suspense accounts - - - - - - -
d. Interbranch assets - - - - - - -
Other assets 2,970,421 2,970,421 - - - 1,487 2,600,018
TOTAL ASSET 241,096,427 241,096,427 173,672,407 2,216,313 - 54,083,505 237,864,145
LIABILITIES
Demand deposits 25,585,492 25,585,492 - - - 9,089,341 25,585,492
Saving deposits 20,004,408 20,004,408 - - - 1,484,044 20,004,408
Time deposits 75,727,911 75,727,911 - - - 11,272,656 75,727,911
Electronic money - - - - - - -
Liabilities to Bank Indonesia - - - - - - -
168 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
(In million Rupiah)
Carrying values of items
Carrying
Carrying Not subject
values as
values Subject to Subject Subject to to capital
reported in Subject to
under scope counterparty to the the market requirements
published credit risk
of regulatory credit risk securitisation risk or subject to
financial framework
consolidation framework framework framework deduction
statements
from capital
Liabilities to other banks 757,714 757,714 - - - - 757,714
Spot and derivative / forward 1,558,841 1,558,841 - 1,558,841 - 347,449 1,558,841
liabilities
Securities sold under - - - - - - -
repurchase agreements (repo)
Acceptance liabilities 3,162,381 3,162,381 - - - 1,245,065 3,162,381
Securities issued 2,939,924 2,939,924 - - - - 2,939,924
Borrowings 52,632,885 52,632,885 - - - 44,311,657 49,413,885
Margin deposits - - - - - - -
Interbranch liabilities - - - - - - -
Other liabilities 3,980,832 3,980,832 - - - 539,691 3,980,832
Minority Interest 6,978,665 6,978,665 - - - - 6,978,665
TOTAL LIABILITIES 193,329,053 193,329,053 - 1,558,841 - 68,289,905 190,110,053
EQUITY
Issued and fully paid-in capital 212,919 212,919 - - - - -
a. Authorized capital 300,000 300,000 - - - -
b. Unpaid capital -/- (87,081) (87,081) - - - -
c. Treasury stock -/- - - - - - -
Additional paid-in capital 17,798,165 17,798,165 - - - - 236,534
a. Agio 17,561,631 17,561,631 - - - - -
b. Disagio -/- - - - - - - -
c. Fund for paid up capital - - - - - - -
d. Others 236,534 236,534 - - - - 236,534
Other comprehensive income 1,059,210 1,059,210 - - - - 106,049
a. Profit 1,139,273 1,139,273 - - - - 186,112
b. Loss -/- (80,063) (80,063) - - - - (80,063)
Reserves 42,953 42,953 - - - - -
a. General reserves 42,953 42,953 - - - - -
b. Appropriate reserves - - - - - - -
Profit/loss 28,654,127 28,654,127 - - - - -
a. Previous years 26,312,808 26,312,808 - - - - -
b. Current year 2,812,986 2,812,986 - - - - -
c. Payable dividend -/- (471,667) (471,667) - - - - -
TOTAL EQUITY ATTRIBUTABLE 47,767,374 47,767,374 - - - - 342,583
TO THE OWNERS OF
PARENTS
TOTAL EQUITY 47,767,374 47,767,374 - - - - 342,583
TOTAL LIABILITY AND EQUITY 241,096,427 241,096,427 - 1,558,841 - 68,289,905 190,452,636
QUALITATIVE ANALYSIS
The financial assets of lending and sharia financing are the assets with the biggest exposure and are subject to credit risk and market risk.
Related to credit risk, the provision for such exposure has been calculated according to the applicable regulations. Meanwhile for market
risk, the Bank has established a risk measurement method and monitors interest rate risk in the Banking Book which is reported regularly at
ALCO committee meetings.
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Key Differences between Carrying Value according to Financial Accounting Standards and
Exposure Value according to OJK Regulations (LI2)
(In million Rupiah)
Items according to:
Total Counterparty
Credit Risk Securitization Market Risk
Credit Risk
Framework Framework Framework
Framework
Asset carrying value amount under scope of regulatory 241,096,427 173,672,407 - 2,216,313 54,083,505
consolidation (as per template LI1)
Liabilities carrying value amount under regulatory scope of 241,096,427 - - 1,558,841 68,289,905
consolidation (as per template LI1)
Total net amount under regulatory scope of consolidation - 173,672,407 - 657,472 (14,206,399)
Off-balance sheet amounts 147,228,140 147,228,140 - - -
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 - - - - -
Standard Format for Disclosure of Basel III Calculations (CC1) December 31, 2024
(In million Rupiah)
No Component Bank Consolidated
Common Equity Tier 1 capital: instruments and reserves
1 Directly issued qualifying common share (and equivalent for non-joint stock companies) 17,778,846 17,774,550
capital plus related stock surplus
2 Retained earnings 23,268,559 28,654,127
3 Accumulated other comprehensive income (and other reserves) 986,741 996,114
4 Directly issued capital subject to phase out from CET1 (only applicable to non-joint N/A N/A
stock companies)
5 Common share capital issued by subsidiaries and held by third parties (amount allowed - -
in group CET1)
6 Common Equity Tier 1 capital before regulatory adjustments 42,034,146 47,424,791
Common Equity Tier 1 capital: regulatory adjustments
7 Prudential valuation adjustments - -
8 Goodwill (net of related tax liability) - (1,098,208)
9 Other intangibles other than mortgage-servicing rights (net of related tax liability) (758,910) (1,710,908)
10 Deferred tax assets that rely on future profitability excluding those arising from N/A N/A
temporary differences (net of related tax liability)
11 Cash-flow hedge reserve N/A N/A
12 Shortfall of provisions to expected losses N/A N/A
13 Securitisation gain on sale (as set out in paragraph 562 of Basel II framework) - -
14 Gains and losses due to changes in own credit risk on fair valued liabilities - -
15 Defined-benefit pension fund net assets N/A N/A
16 Investments in own shares (if not already netted off paid-in capital on reported balance N/A N/A
sheet)
17 Reciprocal cross-holdings in common equity - -
18 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued share capital (amount above 10% threshold)
19 Significant investments in the common stock of Banking, financial and insurance N/A N/A
entities that are outside the scope of regulatory consolidation, net of eligible short
positions (amount above 10% threshold)
20 Mortgage servicing rights (amount above 10% threshold) - -
170 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
(In million Rupiah)
No Component Bank Consolidated
21 Deferred tax assets arising from temporary differences (amount above 10% threshold, N/A N/A
net of related tax liability)
22 Amount exceeding the 15% threshold N/A N/A
23 of which: significant investments in the common stock of financials N/A N/A
24 of which: mortgage servicing rights N/A N/A
25 of which: deferred tax assets arising from temporary differences N/A N/A
26 National specific regulatory adjustments (8,633,239) (428,261)
26.a Difference between PPA and CKPN (662,403) -
26.b PPA from non-productive assets (5,095) (5,095)
26.c Deferred tax assets (129,036) (370,403)
26.d Investments (7,836,705) (52,763)
26.e Capital shortfall in insurance subsidiary - -
26.f Securitisation exposure - -
26.g Others - -
27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional - -
Tier 1 and Tier 2 to cover deductions
28 Total regulatory adjustments to Common equity Tier 1 (9,392,149) (3,237,377)
29 Common Equity Tier 1 capital (CET1) 32,641,997 44,187,414
Additional Tier 1 capital: instruments
30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus - -
31 of which: classified as equity under applicable accounting standards - -
32 of which: classified as liabilities under applicable accounting standards - -
33 Directly issued capital instruments subject to phase out from Additional Tier 1 N/A N/A
34 Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by - -
subsidiaries and held by third parties (amount allowed in group AT1)
35 of which: instruments issued by subsidiaries subject to phase out N/A N/A
36 Additional Tier 1 capital before regulatory adjustments - -
Additional Tier 1 capital: regulatory adjustments
37 Investments in own Additional Tier 1 instruments N/A N/A
38 Reciprocal cross-holdings in Additional Tier 1 instruments - -
39 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance entities that N/A N/A
are outside the scope of regulatory consolidation (net of eligible short positions)
41 National specific regulatory adjustments - -
41.a Investments in AT1 instruments in other banks - -
42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover - -
deductions
43 Total regulatory adjustments to Additional Tier 1 capital - -
44 Additional Tier 1 capital (AT1) Jumlah AT 1 setelah faktor pengurang - -
45 Tier 1 capital (T1 = CET1 + AT1) 32,641,997 44,187,414
Tier 2 capital: instruments and provisions
46 Directly issued qualifying Tier 2 instruments plus related stock surplus 3,219,000 3,219,000
47 Directly issued capital instruments subject to phase out from Tier 2 N/A N/A
48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued - -
by subsidiaries and
held by third parties (amount allowed in group Tier 2)
49 of which: instruments issued by subsidiaries subject to phase out N/A N/A
50 Provisions 1,515,951 1,776,432
51 Tier 2 capital before regulatory adjustments Jumlah Modal Pelengkap (Tier 2) 4,734,951 4,995,432
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Risk Management
(In million Rupiah)
No Component Bank Consolidated
Tier 2 capital: regulatory adjustments
52 Investments in own Tier 2 instruments N/A N/A
53 Reciprocal cross-holdings in Tier 2 instruments - -
54 Investments in the capital of Banking, financial and insurance entities that are outside N/A N/A
the scope of regulatory consolidation, net of eligible short positions, where the Bank
does not own more than 10% of the issued common share capital of the entity (amount
above the 10% threshold)
55 Significant investments in the capital Banking, financial and insurance entities that are N/A N/A
outside the scope of regulatory consolidation (net of eligible short positions)
56 National specific regulatory adjustments - -
56.a Sinking fund - -
56.b Investments in Tier 2 instruments in other banks - -
57 Total regulatory adjustments to Tier 2 capital - -
58 Tier 2 capital (T2) 4,734,951 4,995,432
59 Total capital (TC = T1 + T2) 37,376,948 49,182,846
60 Total risk weighted assets 133,551,883 163,826,500
Capital ratios and buffers
61 Common Equity Tier 1 (as a percentage of risk weighted assets) 24.44% 26.97%
62 Tier 1 (as a percentage of risk weighted assets) 24.44% 26.97%
63 Total capital (as a percentage of risk weighted assets) 27.99% 30.02%
64 Institution specific buffer requirement (minimum CET1 requirement plus capital 8.00% 8.00%
conservation buffer plus countercyclical buffer requirements plus G-SIB buffer
requirement, expressed as a percentage of risk weighted assets)
65 of which: capital conservation buffer requirement 2.50% 2.50%
66 of which: Bank specific countercyclical buffer requirement 0.00% 0.00%
67 of which: G-SIB buffer requirement 1.00% 1.00%
68 Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted 18.44% 20.84%
assets)
National minima (if different from Basel 3)
69 National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
70 National Tier 1 minimum ratio (if different from Basel 3 minimum) N/A N/A
71 National total capital minimum ratio (if different from Basel 3 minimum) N/A N/A
Amounts below the thresholds for deduction (before risk weighting)
72 Non-significant investments in the capital of other financials N/A N/A
73 Significant investments in the common stock of financials N/A N/A
74 Mortgage servicing rights (net of related tax liability) N/A N/A
75 Deferred tax assets arising from temporary differences (net of related tax liability) N/A N/A
Applicable caps on the inclusion of provisions in Tier 2
76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised N/A N/A
approach (prior to application of cap)
77 Cap on inclusion of provisions in Tier 2 under standardised approach N/A N/A
78 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal N/A N/A
ratings-based approach (prior to application of cap)
79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach N/A N/A
Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022)
80 Current cap on CET1 instruments subject to phase out arrangements N/A N/A
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
82 Current cap on AT1 instruments subject to phase out arrangements N/A N/A
83 Amount excluded from AT1 due to cap (excess over cap after redemptions and N/A N/A
maturities)
84 Current cap on T2 instruments subject to phase out arrangements N/A N/A
85 Amount excluded from T2 due to cap (excess over cap after redemptions and N/A N/A
maturities)
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Risk Management
Capital Reconciliation (CC2)
(In million Rupiah)
Consolidated
Balance Sheet Balance Sheet with
No POS POS Prudential Principle
31 December 2024 31 December 2024
ASSET
1. Cash 777,352 1,379,647
2. Placements with Bank Indonesia 17,961,837 19,631,166
3. Placements with other banks 2,973,145 3,542,001
4. Spot and derivative / forward receivables 1,417,452 1,748,125
5. Securities 19,332,166 27,981,308
6. Securities sold under repurchase agreements (repo) - -
7. Claims from securities purchased under resale agreements (reverse repo) 468,188 468,188
8. Acceptance receivables 3,334,619 3,334,619
9. Loans 145,938,051 169,232,858
10. Sharia financing/receivables - 10,171,759
11. Equity Investments 7,859,227 75,285
12. Other financial asset 1,046,024 1,218,012
13. Impairment on financial assets -/- (3,016,696) (5,911,900)
a. Securities (593) (593)
b. Loans and Sharia financing (2,998,406) (5,893,610)
c. Others (17,697) (17,697)
14. Intangible assets 3,204,551 6,195,729
Accumulated amortization of intangible assets -/- (2,445,641) (3,386,613)
15. Fixed assets and equipment 3,893,607 6,058,147
Accumulated depreciation on fixed assets and equipment -/- (2,300,746) (3,773,725)
16. Non-productive assets 54,523 161,400
a. Abandoned properties - -
b. Foreclosed assets 54,523 161,400
c. Suspense accounts - -
d. Interbranch assets - -
17. Other assets 2,045,782 2,970,421
TOTAL ASSET 202,543,441 241,096,427
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 173
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Risk Management
(In million Rupiah)
Consolidated
Balance Sheet Balance Sheet with
No POS POS Prudential Principle
31 December 2024 31 December 2024
LIABILITY AND EQUITY
LIABILITY
1. Demand deposits 25,586,525 25,585,492
2. Saving deposits 16,909,498 20,004,408
3. Time deposits 67,926,531 75,727,911
4. Electronic money - -
5. Liabilities to Bank Indonesia - -
6. Liabilities to other banks 760,624 757,714
7. Spot and derivative / forward liabilities 1,320,897 1,558,841
8. Securities sold under repurchase agreements (repo) - -
9. Acceptance liabilities 3,162,381 3,162,381
10. Securities issued 1,742,884 2,939,924
11. Borrowings 40,516,139 52,632,885
12. Margin deposits - -
13. Interbranch liabilities - -
14. Other liabilities 2,403,078 3,980,832
15. Minority Interest - 6,978,665
TOTAL LIABILITY 160,328,557 193,329,053
174 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 177
Risk Management
(In million Rupiah)
Consolidated
Balance Sheet Balance Sheet with
No POS POS Prudential Principle
31 December 2024 31 December 2024
EQUITY
16. Issued and fully paid-in capital 212,919 212,919
a. Authorized capital 300,000 300,000
b. Unpaid capital -/- (87,081) (87,081)
c. Treasury stock -/- - -
17. Additional paid-in capital 17,826,728 17,798,165
a. Agio 17,565,927 17,561,631
b. Disagio -/- - -
c. Fund for paid up capital - -
d. Others 260,801 236,534
18. Other comprehensive income 863,725 1,059,210
a. Profit 943,788 1,139,273
b. Loss -/- (80,063) (80,063)
19. Reserves 42,953 42,953
a. General reserves 42,953 42,953
b. Appropriate reserves - -
20. Profit/loss 23,268,559 28,654,127
a. Previous years 21,509,956 26,312,808
b. Current year 2,230,270 2,812,986
c. Payable dividend -/- (471,667) (471,667)
Total Equity Attributable to The Owners of Parents 42,214,884 47,767,374
TOTAL EQUITY 42,214,884 47,767,374
TOTAL LIABILITY AND EQUITY 202,543,441 241,096,427
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 175
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Risk Management
Disclosure of Capital Instruments Features (CCA)
31 December 2024
Bank
No Questions
Capital Capital
1 Publisher PT Bank SMBC SMBC
Indonesia, Tbk.
2 Idenification Number ISIN : 101000118508 N/A
3 Law Indonesian Law Indonesian Law
3a Instruments that reliable having liability to held on section 13
from TLAC term sheet achieved
Instruments treatment based on KPMM
4 During the period N/A N/A
5 After the period CET1 T2
6 Is it eligible to Individual/Consolidation or Consolidation and Individual Individual
Individual
7 Type of Instrument Common Stock Subordinated Loan
8 Amount recognized in KPMM calculation 17,778,846 3,219,000
9 Par value from the instrument 212,919 -
10 Classification based on Financial Accounting Standards Equity Liabilitas – Amortised Cost
11 Published date - 26 Sep 2018 and renewed on 27 Sep 2021 and on
31 Jul 2024 (USD 100 million), & 23 Nov 2018 and
renewed on 22 Nov 2021 and on 31 Jul 2024
(USD 100 million)
12 without maturity date (perpertual) or with maturity date Perpetual With Maturity Date
13 Maturity date - 31-Jul'-31
14 Call Option execution from the approval of Otoritas Jasa No No
Keuangan
15 Call optiondate, disbursed amount and other call option - N/A
requirements (if any)
16 Subsequent call option Coupon/deviden - N/A
17 Dividend / Coupon with Fixed Interest or floating - N/A
18 The level of the coupon rate or other index be the reference - N/A
19 Whether or not the dividend stopper - N/A
20 Fully discretionary; partial or mandatory - N/A
21 Is there a step-up feature or other incentives - N/A
22 Noncumulative or cumulative. - N/A
23 Convertible atau non-convertible Non Convertible N/A
24 If converted, specify a trigger point. - N/A
25 If converted, whole or in part - N/A
26 If converted, how the conversion rate - N/A
27 If converted, whether mandatory or optional - N/A
28 If converted, specify the type of instrument conversion - N/A
29 If converted, specify the issuer of the instrument converts - N/A
it into
30 Write-down Features No N/A
31 If the write- down, specify trigger its - N/A
32 If the write-down, full or partial - N/A
33 If the write-down, permanent or temporary - N/A
34 If the temporary write- down, explain mechanisme write- up - N/A
35 Hierarchy of instruments at the time of liquidation - After the debt being paid to the creditor
36 Whether the transition to features that are non-compliant No N/A
37 If yes , explain the features of non-complaint - N/A
176 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 179
Risk Management
Consolidate
Capital Capital
PT Bank SMBC SMBC
Indonesia, Tbk.
ISIN : 101000118508 N/A
Indonesian Law Indonesian Law
N/A N/A
CET1 T2
Individual Individual
Common Stock Subordinated Loan
17,774,550 3,219,000
212,919 -
Equity Liabilitas – Amortised Cost
- 26 Sep 2018 and renewed on 27 Sep 2021 and on
31 Jul 2024 (USD 100 million), & 23 Nov 2018 and
renewed on 22 Nov 2021 and on 31 Jul 2024
(USD 100 million)
Perpetual With Maturity Date
- 31-Jul'-31
No No
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
Non Convertible N/A
- N/A
- N/A
- N/A
- N/A
- N/A
- N/A
No N/A
- N/A
- N/A
- N/A
- N/A
- After the debt being paid to the creditor
No N/A
- N/A
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 177
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Risk Management
Quarterly Capital Adequacy Ratio (CAR) Calculation Report for
Conventional Commercial Banks
(In million Rupiah)
31 December 2024 31 December 2023
Accounts Audited Audited
Individual Consolidated Individual Consolidated
I Core Capital (Tier 1) 32,641,997 44,187,414 31,015,970 36,613,893
1 Common Equity Tier 1 (CET 1) 32,641,997 44,187,414 31,015,970 36,613,893
1.1 Paid in capital (less Treasury stock) 212,919 212,919 161,136 161,136
1.2 Disclosed reserves 41,153,729 47,206,777 33,399,879 38,337,357
1.2.1 Additional Factor 41,821,227 47,211,872 33,401,956 38,339,434
1.2.1.1 Other comprehensive income 943,788 953,161 953,361 957,130
1.2.1.1.1 Excess differences arising - - - -
from translation of financial
statement
1.2.1.1.2 Potential gain of the increase in 12,410 12,646 2,804 2,906
the fair value of financial assets
available for sale
1.2.1.1.3 Fixed asset revaluation 931,378 940,515 950,557 954,224
1.2.1.2 Other disclosed reserves 40,877,439 46,258,711 32,448,595 37,382,304
1.2.1.2.1 Agio 17,565,927 17,561,631 10,914,866 10,909,389
1.2.1.2.2 General reserves 42,953 42,953 32,596 32,596
1.2.1.2.3 Previous years profit 21,038,289 25,841,141 19,400,422 24,081,985
1.2.1.2.4 Current year profit 2,230,270 2,812,986 2,100,711 2,358,334
1.2.1.2.5 Capital paid in advance - - - -
1.2.1.2.6 Others - - - -
1.2.2 Deduction Factor (667,498) (5,095) (2,077) (2,077)
1.2.2.1 Other comprehensive income - - - -
1.2.2.1.1 Excess differences less - - - -
from translation of financial
statement
1.2.2.1.2 Potential losses from the - - - -
decrease in the fair value of
financial assets available for
sale
1.2.2.2 Other disclosed reserve (667,498) (5,095) (2,077) (2,077)
1.2.2.2.1 Disagio - - - -
1.2.2.2.2 Previous years loss - - - -
1.2.2.2.3 Current year loss - - - -
1.2.2.2.4 Differences between required (662,403) - - -
provision and allowance for
impairment losses of earning
assets
1.2.2.2.5 Negative differences on - - - -
adjustment of fair value on
financial instrument in the
Trading Book
1.2.2.2.6 Required provision on non- (5,095) (5,095) (2,077) (2,077)
productive assets
1.2.2.2.7 Others - - - -
1.3 Non-Controlling Interests that can be calculated - - - -
1.4 Deduction factor to common equity tier 1 (CET 1) (8,724,651) (3,232,282) (2,545,045) (1,884,600)
1.4.1 Deferred tax calculation (129,036) (370,403) (441,560) (715,152)
178 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
(In million Rupiah)
31 December 2024 31 December 2023
Accounts Audited Audited
Individual Consolidated Individual Consolidated
1.4.2 Goodwill - (1,098,208) - (61,116)
1.4.3 Other intangible assets (758,910) (1,710,908) (817,524) (1,028,268)
1.4.4 Investment that can be calculated as deduction (7,836,705) (52,763) (1,285,961) (80,064)
factor
1.4.5 Shortage of capital on insurance subsidiary - - - -
company
1.4.6 Securitization exposures - - - -
1.4.7 Other deduction factor to common equity tier 1 - - - -
1.4.7.1 Placement of funds in instruments AT 1 - - - -
and / or Tier 2 other banks
1.4.7.2 Cross-ownership in another entity - - - -
acquired by the transition because of the
law, grants, or grants will
1.4.7.3 Exposure that causing Credit Risk due - - - -
to settlement risk - Non Delivery Versus
Payment
1.4.7.4 Exposure in child company which held - - - -
sharia principle
2 Additional Tier 1 (AT 1) - - - -
2.1 The instrument meets the requirements of AT 1 - - - -
2.2 Agio/Disagio - - - -
2.3 Deduction Factors : Investment in AT1 and/or Tier 2 - - - -
instruments with other Bank
2.3.1 Placement of funds in instruments AT 1 and/or Tier 2 - - - -
other banks
2.3.2 Cross-ownership in another entity acquired by the - - - -
transition because of the law, grants, or grants will
II Supplementary Capital (Tier 2) 4,734,951 4,995,432 4,436,444 4,543,487
1 Capital instrument in form of shares or others which are qualified 3,219,000 3,219,000 2,976,753 2,976,753
Tier 2 requirements
1.1 Preferred Stock (perpetual cumulative, non perpetual), after - - - -
buy back deduction
1.2 Subordinated bonds (perpetual cumulative, non perpetual), - - - -
after buy back deduction
1.3 Subordinated loan (perpetual cumulative, non perpetual), 3,219,000 3,219,000 3,079,400 3,079,400
after buy back deduction
1.4 Mandatory convertible bond - - - -
1.5 Tier 2 published by bank and non bank which acquired by - - - -
other party (consolidated)
1.6 Amortization based on remaining maturity - - 102,647 102,647
2 Agio/Disagio - - - -
3 General required provision of earning assets (maximum 1.25% of 1,515,951 1,776,432 1,459,691 1,566,734
RWA)
4 Deduction factor to supplementary capital - - - -
4.1 Sinking Fund - - - -
4.2 Placement of funds in instruments AT 1 and / or Tier 2 other - - - -
banks
4.3 Cross-ownership in another entity acquired by the transition - - - -
because of the law, grants, or grants will
TOTAL CAPITAL 37,376,948 49,182,846 35,452,414 41,157,380
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 179
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Risk Management
31 December 2024 31 December 2023
Audited Audited
Individual Consolidated Individual Consolidated
Risk Weighted Asset (RWA)
RWA Credit Risk 121,209,907 151,246,559 116,728,894 125,294,554
RWA Market Risk 1,850,461 1,850,461 1,856,501 1,856,501
RWA Operational Risk 10,491,515 10,729,480 10,225,433 10,500,842
Total RWA 133,551,883 163,826,500 128,810,828 137,651,897
CAR Ratio Based on Risk Profile (%) 9.20% 9.18% 9.21% 9.21%
CAR Allocation Based on Risk Profile
From CET 1 (%) 6.00% 6.13% 6.00% 6.00%
From AT 1 (%) 0.00% 0.00% 0.00% 0.00%
From Tier 2 (%) 3.20% 3.05% 3.21% 3.21%
CAR Ratio
CET1 Ratio (%) 24.44% 26.97% 24.08% 26.60%
Tier 1 Ratio (%) 24.44% 26.97% 24.08% 26.60%
Tier 2 Ratio (%) 3.55% 3.05% 3.44% 3.30%
CAR Ratio (%) 27.99% 30.02% 27.52% 29.90%
CET 1 for BUFFER (%) 18.44% 20.84% 18.08% 20.60%
Buffer Percentage Should be Fulfilled by Bank (%)
Capital Conservation Buffer (%) 2.50% 2.50% 2.50% 2.50%
Countercyclical Buffer (%) 0.00% 0.00% 0.00% 0.00%
Capital Surcharge for Systemic Bank (%) 1.00% 1.00% 1.00% 1.00%
Total Exposure Report in Leverage Ratio
(In million Rupiah)
Amount
No. Description
Individual Consolidated
1 Total assets in published financial statements. ( gross amont before deduction of Impairement) 205,560,137 247,008,327
Adjustment
2 Adjustment for investment in banking, financial institution, insurance company and / other - -
entities that are consolidated for accounting purposes but outside the scope of stipulated
Finacial Service Authority
3 Adjustment for collecting amount of financial asset or syariah asset as the underlying which - -
have been divert into the asset securitization to meet the qualification for sale of without
recourse of prudendce during the securitization asset activity for commercial bank.
4 Adjustment for temporary exception in regards with the placement in Bank Indonesia to
meet the minimum reserve requirements stipulations (if any)
5 Adjustment for fiduciay asset that recognized as the balance sheet component based on
the financial accounting standard however not included in Leverage Ratio calculation
6 Adjustment for regular-way purchases and sales of financial assets subject to trade date - -
7 Adjustment for eligible cash pooling transactions that fulfill the requirement as stipulated in - -
Financial Service Authority regulation.
8 Adjustment for exposure amount of derivative transaction 2,565,914 2,235,241
9 Adjustment for exposure amount of Securities Financing Transaction (SFT) exposure for an - -
example Reverse Repo transactions
10 Adjustment for exposure amount of Off Balance Transaction converts with Credit 26,170,297 26,187,300
Conversions Factor
11 Prudent valuation adjustments as the deduction of capital and impairment (11,634,833) (8,796,301)
12 Other Adjustments - -
13 Total Exposure in Leverage Ratio Calculation (Sum row 1 + row 2 until row 12) 222,661,515 266,634,567
180 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Leverage Ratio Calculation Report
(In million Rupiah)
Individual Consolidated
No Description
T T-1 T T-1
Asset Exposure in Financial Statement
1 Asset Exposure in the Financial Statement including the guarantee, but 204,142,685 192,249,787 245,260,202 233,298,862
not including the exposure of Derivative Transaction and exposure of
SFT (Gross amount before deduction of Impairment)
2 Revaluation for derivative collateral which given to other party which - - - -
impacted decrement of total exposure in Balance Sheet because due
to implementation of Financial Accounting Standard
3 (Deduction of receivables related with cash variation margin which - - - -
provided in derivatives transactions)
4 (Adjustment for securities received under exposure of securities - - - -
financing transactions that are recognised as an asset)
5 Impairement of the certain assets in accordance with Financial (3,016,696) (3,293,458) (5,911,900) (6,123,632)
Accounting Standard
6 (Asset that has been calculated as a deduction factor of Core Capital (8,618,137) (8,657,984) (2,884,401) (3,119,108)
as stated on Financial Service Authority regulation regarding the
obligation of minimum capital reserve for commercial bank)
7 Total asset Exposure in Financial Statement 192,507,852 180,298,345 236,463,901 224,056,122
Derivative Transaction Exposure
8 Replacement cost asscociated with all derivatives transaction in where 1,978,143 2,318,437 1,978,143 2,318,437
has a vatiation margin that applicable or has an agreement for netting
in fulfill the certain condition.
9 Add-on amounts for PFE associated with all derivatives transactions 2,005,223 1,948,046 2,005,223 1,948,046
10 (Exempted of exposure of Derivative transaction which settled throught - - - -
central counterparty (CCP) )
11 Adjustment of effective notional amount from credit derivatives - - - -
12 (Adjustment for notional amount tha effectively done with netting and - - - -
deduction of add-on for selling of derivative credit transaction)
13 Total Derivatives Exposures Sum of rows 8 to 12 3,983,366 4,266,483 3,983,366 4,266,483
Securities Financing Transaction (SFT) Exposure
14 Gross SFT assets - - - -
15 (Nett amounts of cash payables and cash receivables) - - - -
16 Credit Risk due to failure from the other party related with SFT Asset - - - -
which refer to calculation of current exposure in accordance with the
attachment of this Financial Service Authority regulation.
17 Exposure as an SFT agent - - - -
18 Total SFT Exposure Sum of rows 14 to 17 - - - -
Other Off-Balance Sheet Transactions Exposure
19 All of Commitment amount or Contigency amount, Gross amount 147,058,111 142,296,237 147,228,140 142,417,012
before Impairment deduction
20 (Adjustment with the result of multipliation amount between
Commitment and Contigency and CCF then deducted with Impairment) (120,844,548) (116,660,330) (120,997,574) (116,769,027)
21 (Impairment from the Off Balance Sheet Transaction in accordance with (43,266) (57,484) (43,266) (57,484)
Financial Accounting Standard)
22 Total Other Off-Balance Sheet Transactions Exposures Sum of rows 26,170,297 25,578,423 26,187,300 25,590,501
19 to 21
Capital and Total Exposure
23 Core Capital 32,641,997 32,395,092 44,187,414 42,752,113
24 Total Exposure (7+13+18+22) 222,661,515 210,143,251 266,634,567 253,913,106
Leverage Ratio
25 Leverage Ratio includes the effect from adjustment of temporarily 14.66% 15.42% 16.57% 16.84%
exception from placement in Bank Indonesia in regards with the
fulfillment of Minimum Reserve Requirements (if any)
25a Leverage Ratio not includes the effect from adjustment of temporarily 14.66% 15.42% 16.57% 16.84%
exception from placement in Bank Indonesia to meet Minimum Reserve
Requirements provisions (if there is)
26 Minimum value of Leverage Ratio 3% 3% 3% 3%
27 Bearing to Leverage Ratio value N/A N/A N/A N/A
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 181
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Risk Management
(In million Rupiah)
Individual Consolidated
No Description
T T-1 T T-1
Disclosure of Average Value
28 Average value of gross SFT assets, after adjustment for sale
accounting transactions and netted of amounts of associated cash
payables and cash
29 Quarter-end value of gross SFT assets, after adjustment for sale
accounting transactions and netted of amounts of associated cash
payables and cash receivables
30 Total exposures (including the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
30a Total exposures (excluding the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
31 Leverage ratio (including the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
31a Leverage ratio (excluding the impact of any applicable temporary
exemption of central bank reserves) average values from row 28 of
gross SFT assets (after adjustment for sale accounting transactions
and netted of amounts of associated cash payables and cash
receivables)
In general, the capital component is dominated by The Bank’s total capital as of December 31, 2024, was
permanent capital. Core capital is the largest element Rp49.2 trillion, an increase compared to 2023, which
of Bank capital. In December 2024, the core capital to amounted to Rp41.2 trillion as a result of the Rights
RWA ratio was 30.02% (consolidated). This ratio is far Issue carried out in the first quarter of 2024 related to
above the minimum CAR provisions of the Financial the acquisition of two financing companies, namely
Services Authority. The Bank will also continue to strive PT Oto Multiartha and PT Summit Oto Finance, in
to maintain CAR at a healthy level. addition to also as a result of an increase in retained
earnings.
The Bank’s capital structure on a consolidated basis is
dominated by core capital (89.0% of SMBC Indonesia’s Capital Adequacy
total capital on a consolidated basis). This capital SMBC Indonesia uses standard capital ratios to monitor
consists of paid-in capital and additional capital capital adequacy in accordance with industry standards.
reserves, including agio and retained earnings. OJK’s approach to measuring capital is primarily based
on monitoring required capital requirements against
The sources of capital that are expected to be used by available capital, and the Bank continuously implements
the Bank to realize its capital plan or meet the Bank’s the Internal Capital Adequacy Assessment Process
capital requirements are from Retained Earnings and (ICAAP) in accordance with applicable regulations.
additional capital from shareholders, either through
a Rights Issue or a public offering. The accumulation This relates to determining capital adequacy in
of Retained Earnings is influenced by the amount of accordance with the provisions of the Bank’s risk profile.
dividends paid by the Bank to shareholders as decided This process is carried out to increase the Bank’s
at the General Meeting of Shareholders. In determining effectiveness in implementing risk management.
dividend payments, the Bank always considers capital
adequacy both in terms of fulfilling the CAR and fulfilling
the Legal Lending Limit (LLL) in accordance with future
credit growth plans. The Bank’s capital is projected to
increase in line with accumulated profits.
182 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
The Bank uses a Standard Approach in managing The Bank’s capital ratio is considered very good, namely
capital for credit risk. RWA calculations are generally above the requirements determined by the Financial
carried out by referring to risk weights in accordance Services Authority. The capital growth trend based on
with OJK regulations and rating results published by the Bank Business Plan (RBB) also shows the ability to
rating agencies that have been determined by the support the Bank’s business expansion in the future.
regulator.
Subsequently, if it is related to incentives for the
The Bank calculates capital adequacy for operational Minimum Statutory Reserve (GWM) requirement for the
risk using the Standard Approach method. Based on Macroprudential Intermediation Ratio (RIM). The Bank’s
this method, the Bank allocates minimum capital for CAR value has met the minimum provisions required by
operational risk based on multiplying the Business the OJK, namely 8.0%-14.0%. In accordance with the
Indicator Components (KIB) with the Internal Loss results of an independent assessment of the Bank’s risk
Multiplier Factor (FPKI). profile, the CAR position based on the risk profile as of
December 2024 is 9.18%.
In calculating RWA for Market Risk, the Bank uses
standard methods in accordance with OJK provisions
regarding the calculation of RWA for Market Risk. Bank DISCLOSURE OF RISK EXPOSURE
management has a good understanding of managing
capital. The Bank views capital planning as an important A. Credit Risk
element to realize strategic objectives. Credit risk management at SMBC Indonesia is the
implementation of the prudent principle to prevent risks
The Bank carries out an analysis of the Bank’s capital arising from the failure of other parties to fulfill their
adequacy for now and in the future through a strategic obligations to the Bank, in this case credit risk due to
planning process. This is demonstrated by maintaining concentrated provision of funds (Credit Concentration
the performance of the Bank and its parent company Risk), credit risk due to failure of counterparties
through continuous monitoring of the quality of risk (counterparties credit risk), credit risk due to settlement
management, regular audits by the Internal Audit Work failure (settlement risk), and credit risk due to country
Unit, adequate policies regarding dividend distribution, risk (including transfer risk).
and management commitment to the Bank’s strategies
and targets as outlined in the Bank’s Business Plan.
(RBB).
Credit Risk Management Organizational Structure
Head of Risk Management
Portfolio Management
& Policy
Portfolio Management Credit Risk Alignment
Risk Management Policy Industry Research
Monitoring and Strategy
Credit Risk Management Strategy
The Bank implements a risk management strategy in line with the overall business strategy, by considering the Credit
Risk Appetite Framework and carrying out regular monitoring in accordance with the Bank’s Business Plan. A risk
management strategy is prepared to ensure that the Bank’s credit exposure is managed in a controlled in accordance
with credit policies, internal procedures, rules and regulations, as well as other applicable provisions.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 183
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Risk Management
A structured credit risk management strategy is based The Bank is categorized as one of the systemic banks
on the following general principles: in Indonesia. Therefore, SMBC Indonesia has prepared
1. Long term oriented to ensure the continuity of a Recovery Plan Document, including aspects of asset
the Bank’s business by considering economic quality. The recovery plan identifies options to restore
conditions/cycles. financial strength and viability if the Bank faces severe
2. Comprehensive to be able to control and manage pressure, especially concerning asset quality, and has
risks and their mitigation. also created a resolution plan document.
The risk management strategy is prepared by The Bank continues to actively manage and supervise
considering the following factors: the implementation of risk management and effectively
1. Economic and business developments and the improve policies, procedures and development of the
impacts that may occur due to risks faced by the risk management systems.
Bank.
2. The Bank’s organizational structure includes the Aside from establishing policies and procedures, the
adequacy of human resources and supporting Bank also establishes limits to maintain credit risk
infrastructure in running the Bank’s business and exposure in line with the Bank’s risk appetite. These
the Bank’s ability to manage risk. limits, among others, cover the limit for credit approval
3. Composition and diversification of the Bank’s authority, which is adjusted to the competency of the
portfolio. decision maker and the level of risk and ensures that
there is no conflict of interest in the process of credit
Credit Concentration Risk Management Policy being extended to customers.
In managing credit concentration risk, which is closely
monitored by the Bank, includes exposure to industrial Meanwhile, establishing the Legal Lending Limit
sectors, certain types of credit as well as exposure to determination is conducted in accordance under OJK
individuals and groups. Monitoring results are always Regulation OJK provisions, namely POJK No. 32/
evaluated as part of early detection. POJK.03/2018, and its amendment in POJK Regulation
No. 38/POJK.03/2019, by taking into account current
Credit Risk Management Framework regulations.
Credit risk measurement is carried out on a portfolio
and transactional basis. This measurement can use The Bank manages and controls credit risk
quantitative or qualitative methods in accordance with concentrations wherever such risks are identified,
standard provisions from the OJK and/or adopted best specifically for individual and group debtors, as well as
practices or internal models developed by the Bank. industry, and the geographic sectors.
Credit risk measurement is carried out, among other
things, through two factors, namely risk ratings and Adequacy of Risk Identification, Measurement,
stress tests. Monitoring, and Control Processes, as well as
Risk Management Information Systems
Adequacy of Policies, Procedures, and Limit Risk SMBC Indonesia’s credit risk management framework is
Setting implemented through the integrated process consisting
Credit policy is a guideline for implementing the credit of risk identification, measurement, monitoring, and
process carried out by the Bank. SMBC Indonesia’s control/mitigation processes. The identification process,
credit policy refers to Financial Services Authority among others, starts from determining the industry
Regulation No. 42/POJK.03/2017 concerning sector or customer segment to be financed, analysis of
Obligations for Preparing and Implementing Credit or the customer’s proposed credit as well as analysis of
Financing Policies for Commercial Banks. the products and activities that may potentially generate
credit risks by reviewing Credit Product Program and
The Bank always reviews policies and procedures in the assessing the risk exposure increase.
credit sector periodically, especially if there are changes
in economic conditions, changes in regulations, and/or Based on this identification process, the Bank measures
business approaches. credit risk with the main indicators that show the
debtor’s credit quality, such as the non-performing loan
This policy aims to create credit risk management that ratio. The Bank regularly measures bad quality asset
is in accordance with global standards as a Bank that is as well as conducts supervision on debtors included
active internationally and carries out credit in a fair and in the watchlist account. As part of the credit risk
organized manner for the Bank’s credit soundness. measurement, stress testing is administered to assess
the Bank’s resilience in extreme conditions.
184 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
The credit risk measurement system must take into Definition of Non-Performing Assets
consideration of the product characteristics, tenure, Asset classification must be carried out for productive
collateral aspect, potential default, and the Bank’s assets and non-productive assets. In principle, the
capability to absorb potential failures. The Bank also provisions regarding asset quality follow the provisions
carries out a quantification process, among others, regulated in Financial Services Authority Regulation
on the asset portfolio composition, which covers the No. 40/POJK.03/2019 concerning the Asset Quality
type, exposure feature, credit growth, expected credit Assessment of Commercial Bank.
loss provision, the level of concentration and quality of
credit, including the level of non-performing loan and Determination of credit quality for retail and SME
repossessed assets. segment loans under Rp5 billion*) based on payment
accuracy. Meanwhile, the SME segments above Rp5
The Bank monitor actual credit risk exposure compared billion*), and commercial and corporate segments are
the credit risk limits. In addition, the Bank also monitors based on 3 pillar assessment factors.
the management of non-performing loan as well as *)
subject to change in accordance with applicable
monitors the conformity between policies and the OJK regulations
implementation of credit risk management.
Definition of Past-Due Claims
Improvement of the management information system Claims that are past-due are all claims that are more
is conducted continuously in order to periodically than 90 (ninety) days in arrears, both for principal
present information on credit risks. The Management payments and/or interest payments.
Information System covers up to the level of quite
detailed information to detect any unfavorable Definition of Impaired Claims
development at the earliest possible, which would The Bank assesses financial assets/groups of financial
enable necessary actions to be taken on accurate assets that experience impairment at each balance
timing for improvement of declining credit quality or to sheet date. Claims that are impaired are determined
minimize credit loss. based on financial assets/groups of financial assets
with objective evidence of impairment as a result of
SMBC Indonesia closely monitors the loan portfolio, one or more events that occur following the initial
which enables the Bank to take preventive actions recognition of the concerned (adverse event). Such
promptly in the event of a credit quality deterioration. adverse event impacts estimate of future cash flows for
This is done by early detection of problems and financial assets or groups of financial assets that can be
conducting stringent monitoring. estimated accurately.
Internal Control System for Credit Risk Approach to Establishing Allowance for
The Internal Control System is implemented to manage Impairment Losses
risks that endanger the Bank’s business continuity. For The Bank has implemented PSAK 109 to estimate
example, the implementation of effective procedures for allowance for impairment losses on financial assets.
handling non-performing loan, which is by separating This provision requires that loss allowance be
the credit remedial function from the credit initiation recognized in the amount of expected credit losses
function. (ECL 12 months) or expected credit losses over the life
of the financial asset (ECL lifetime).
The results of handling non-performing loan must
be documented so that it can be used as a material ECL lifetime is the expected loss originating from all
reference for consideration in extending or restructuring possible default events throughout the expected lifetime
loan. Credit risk can also be controlled through risk of a financial instrument. Meanwhile, the 12 months
mitigation, active management of position and portfolio ECL is the portion of expected credit losses originating
risk through monitoring portfolio composition. from the possibility of default in the 12 months after the
reporting date.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 185
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Risk Management
Expected credit losses are a weighted probability Standard Approaches Used for Credit Risk
estimate of credit losses (i.e., the present value of all In calculating Risk Weighted Assets (RWA) for credit
cash shortfalls) over the expected life of a financial risk, the Bank uses a standard approach in accordance
instrument. A cash shortfall is the difference between with OJK Circular Letter No.24/ SEOJK.03/2021
the cash flows that an entity is expected to receive. concerning Guidelines for Calculating Weighted Assets
Considering that expected credit losses consider the According to Credit Risk Using a Standard Approach
amount and timing of payments, credit losses still arise for Commercial Banks. Through this approach, Credit
even though the entity expects to be paid in full after the Risk Weighted Assets are calculated based on the
maturity date. type of portfolio category and risk weight. The risk
weight is determined, among other things, based on
Expected credit losses (ECL) are recognized for all the results of debtor or counterparty ratings issued by
financial debt instruments, loan commitments, and rating agencies recognized by the Financial Services
financial guarantees that are classified as hold to Authority in accordance with the Financial Services
collect or hold to collect and sell and have SPPI cash Authority Circular regarding rating agencies and ratings
flows. ECL is not recognized for financial instruments recognized by the Financial Services Authority, as well
designated as FVTPL and equity instruments as based on certain percentages for certain portfolio
designated as FVOCI. categories.
Estimating credit exposure for risk management The loan portfolio is divided into several asset classes,
purposes is complex and requires the use of models, among others, loan to the government, to multilateral
as exposure varies with changes in market conditions, development banks and international institutions,
expected cash flows, and the passage of time. of covered bonds, loans with residential houses as
Credit risk assessment of an asset portfolio requires collateral, loans with commercial property as collateral,
further estimation of the likelihood of default from loans to public sector entities, loans to banks, loans
the associated loss ratios and the correlation of to employees and pensions, loans to micro-small
defaults between parties. Banks measure credit risk businesses and retail portfolios, loans to corporations
using Probability of Default (PD), Exposure at Default and overdue loans, loans to securities and other
(EAD), Loss Given Default (LGD), and macroeconomic financial services institutions; securities/subordinated
variables for forward-looking estimates. receivables, equity, and other capital instruments.
In accordance with PSAK 109, the Bank applies a Credit Risk Mitigation Disclosures
“Three-Stage” model for impairment based on changes Banks adopt a series of policies and practices to
in credit quality since initial recognition as summarized mitigate credit risk. In calculating the RWA Credit
below: Risk Standard Approach, the existence of collateral,
1. Financial instruments that have not experienced guarantees, or credit insurance can be recognized as
credit impairment since initial recognition are a credit risk mitigation technique in accordance with
classified in “Stage 1.” regulatory provisions.
2. If a significant increase in credit risk (“SICR”)
since initial recognition is identified, the financial Acceptable Collateral Criteria
instrument is moved to “Stage 2” but is not yet The types of collateral that are acceptable are as
considered credit impaired. follows:
3. If a financial instrument experiences a decline 1. Land and/or building
in credit value, the financial instrument is then 2. Vehicle
moved to “Stage 3.” PSAK 109 does not apply to 3. Equipment (including machinery and heavy
Subsidiaries that are sharia-based entities. equipment)
4. Cash collateral
5. SBLC
6. Receivables
7. Inventory
186 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Collateral Management by SMBC Indonesia obligations and debtor analysis using historical data or
For the Bank, collateral is a second way out to reduce reference data obtained from other data sources. Credit
the risk of loss. The Bank only accepts collateral scoring and grading refer to the same instruments.
valuable and sellable collaterals at a reasonable cost, Scoring terminology is internally used for micro
free from all other forms of legal binding and free from business and lower, and grading is used for SME,
disputes. Evaluation of collaterals must be conducted commercial, and corporate.
prior to approval and extension of the facility or in the
context of credit remedial. The creation and use of scoring models/grading are
documented in each business’s SOP. Risk Management
During the credit period, an evaluation and review of as an independent unit, monitors and reviews the
the collateral must be carried out, the frequency and development & implementation of credit scoring/grading
criteria of which are determined in the credit provisions. carried out by business units.
The collateral binding agreement is a prerequisite for
the legal transfer of collateral and must be carried out Policy on the Use of Rating Agency
before credit disbursement. For several transactions carried out by the Bank,
especially related to securities and placements, the
Policy on Use of Ratings Bank is required to set limits by considering the rating
Credit Scoring & Grading is a model used to predict conducted by rating agency recognized by Bank
the capability of prospective debtors to fulfill their Indonesia/OJK.
Disclosure of Credit Quality on Assets (CR1)
Bank Stand Alone
(in million Rupiah)
Allowance Allowance for Impairment
Gross Carrying Value
for Losses Impairment Net Worth
Impairment Stage 2 and (IRB Approach) (a+b-c)
Overdue Bills Undue Bills Losses Stage 1
Stage 3
a b c d e f g
1 Credit 2,005,885 143,932,165 2,998,406 2,331,425 666,981 142,939,644
2 Securities - 19,332,166 593 - 593 19,331,573
3 Administrative - 147,058,112 43,266 14,585 28,681 147,014,846
Account Transactions
Total 2,005,885 310,322,443 3,042,265 2,346,010 696,255 309,286,063
Disclosure of Credit Quality on Assets (CR1)
Consolidated Bank with Subsidiaries
(in million Rupiah)
Allowance Allowance for Impairment
Gross Carrying Value
for Losses Impairment Net Worth
Impairment Stage 2 and (IRB Approach) (a+b-c)
Overdue Bills Undue Bills Losses Stage 1
Stage 3
a b c d e f g
1 Credit 4,452,013 181,353,600 5,893,610 3,989,585 1,904,025 179,912,003
2 Securities - 28,381,457 593 - 593 28,380,864
3 Administrative - 147,058,112 43,266 14,585 28,681 147,014,846
Account Transactions
Total 4,452,013 356,793,169 5,937,469 4,004,170 1,933,299 355,307,713
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 187
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Risk Management
Disclosure of Maturity Credit and Securities Movements (CR2)
Bank Stand Alone
(in million Rupiah)
a
1 Loans and Securities Matured in the last reporting period 1,908,790
2 Loans and Securities Mature since the last reporting period 649,051
3 Loans and Securities that return to become undue bills 86,721
4 Delete book value 3,588,937
5 Other changes 3,123,702
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 2,005,885
Disclosure of Maturity Credit and Securities Movements (CR2)
Consolidated Bank with Subsidiaries
(in million Rupiah)
a
1 Loans and Securities Matured in the last reporting period 3,867,640
2 Loans and Securities Mature since the last reporting period 1,216,175
3 Loans and Securities that return to become undue bills 1,094,172
4 Delete book value 5,335,701
5 Other changes 5,798,071
6 Loans and Securities Maturing at the end of the reporting period (1+2-3-4+5) 4,452,013
188 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Quantitative Disclosure related to MRK Techniques (CR3)
Bank Stand Alone
(in million Rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 130,416,019 12,666,780 12,657,899 8,881
2 Securities 19,331,573 - -
3 Total 149,747,592 12,666,780 12,657,899 8,881
4 Credits and Overdue 756,845,00 - -
Securities
Quantitative Disclosure related to MRK Techniques (CR3)
Consolidated Bank with Subsidiaries
(in million Rupiah)
Bill Guaranteed
Unbilled Bill Guaranteed Bill Guaranteed
Bill Guaranteed with Warranty,
Guaranteed with with MRK with Credit
with Collateral Guarantee and/or
MRK Technique Technique Derivatives
Credit Insurance
a b c d e
1 Credit 166,136,157 12,675,285 12,666,283 9,002
2 Securities 28,380,864 - - -
3 Total 194,517,021 12,675,285 12,666,283 9,002
4 Credits and Overdue 2,000,240 321 - 321
Securities
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 189
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Risk Management
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Bank Stand Alone
(in million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting
Position Administrative Position Administrative Assets e/(c+d))
a b c d e f
1 Claims to Government 35,947,137 2,000,000 35,947,137 200,000 - 0.00%
2 Claims on Public Sector Entities 14,354,559 6,492,419 14,354,559 800,133 9,113,313 60.13%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 5,191,330 76,563 5,191,330 7,656 2,146,216 41.42%
Claims on Securities Companies 22,508,385 27,508,333 22,508,385 3,445,912 9,286,158 35.77%
and Other Financial Services
Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 63,382,352 101,521,557 63,382,352 16,267,008 67,790,163 85.11%
Corporate Exposure 2)
Claims on Securities Companies - - - - - 0.00%
and Other Financial Services
Institutions 3)
Special Financing Exposure 4) 777,271 1,118,743 777,271 447,497 749,505 61.19%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 12,991,907 3,632,996 12,991,907 416,381 9,553,421 75.94%
and Retail Portfolio
9 Employee or Pensions loans 19,883,628 - 19,883,628 - 9,941,814 50.00%
10 Property Backed Loans 12,545,527 4,692,917 12,545,527 721,841 6,714,237 50.60%
Residential Property Backed 4,392,378 1,007,853 4,392,378 100,785 1,647,274 36.66%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on Property
Cash Flows
Commercial Property Backed 8,153,149 3,685,064 8,153,149 621,056 5,066,963 57.74%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
11 Claims That Have Been Due Date 656,951 - 656,951 - 676,421 102.96%
12 Other Assets 4,341,481 - 4,341,481 - 3,591,391 81.89%
13 Total 192,603,050 147,043,528 192,603,050 22,306,428 119,618,944 55.92%
190 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)
Consolidated Bank with Subsidiaries
(in million Rupiah)
Net Bill Before FKK
Net Bill After the application Risk Weighted Assets and
Implementation and
of FKK and MRK Technique Average Risk Weighting
MRK Technique
Portofolio Category Statement Account Statement Account Risk Average Risk
of Financial Transaction of Financial Transaction Weighted Weighting
Position Administrative Position Administrative Assets e/(c+d))
a b c d e f
1 Claims to Government 45,500,532 2,000,000 45,500,532 200,000 - 0.00%
2 Claims on Public Sector Entities 14,354,559 6,492,419 14,354,559 800,133 9,113,313 60.14%
3 Claims on Multilateral - - - - - 0.00%
Development Banks and
International Institutions
4 Bills to Banks 7,410,321 76,563 7,410,321 7,656 2,590,015 34.92%
Claims on Securities Companies 22,508,385 27,508,333 22,508,385 3,445,912 9,286,158 35.78%
and Other Financial Services
Institutions 1)
5 Claims in the form of Covered - - - - - 0.00%
Bonds
6 Claims on Corporations - General 64,286,962 101,521,557 64,286,962 16,267,008 68,421,131 84.94%
Corporate Exposure 2)
Claims on Securities Companies - 170,028 - - - 0.00%
and Other Financial Services
Institutions 3)
Special Financing Exposure 4) 777,271 1,118,743 777,271 447,497 749,505 61.20%
7 Receivables in the form of 22,522 - 22,522 - 56,305 250.00%
Subordinated Securities/
Receivables, Equity and Other
Capital Instruments
8 Claims on Micro, Small Business 47,339,854 3,632,996 47,339,854 416,381 35,314,314 73.95%
and Retail Portfolio
9 Employee or Pensions loans 19,883,628 - 19,883,628 - 9,941,814 50.00%
10 Property Backed Loans 12,545,527 4,692,917 12,545,527 721,841 6,714,237 50.61%
Residential Property Backed 4,392,378 1,007,853 4,392,378 100,785 1,647,274 36.66%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Residential Property-Backed - - - - - 0.00%
Loans whose Payments Are
Materially Dependent on Property
Cash Flows
Commercial Property Backed 8,153,149 3,685,064 8,153,149 621,056 5,066,963 57.75%
Loans whose Payments Are Not
Materially Dependent on Property
Cash Flows
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
Land Acquisition, Land - - - - - 0.00%
Processing and Construction
Loans
11 Claims That Have Been Due Date 2,724,948 - 2,724,948 - 1,711,815 62.82%
12 Other Assets 6,865,469 - 6,865,469 - 5,568,527 81.11%
13 Total 244,219,978 147,213,556 244,219,978 22,306,428 149,467,134 56.08%
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 191
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Risk Management
Exposure Disclosure based on Asset Class and Risk Weighting (CR5)
Bank Stand Alone
Portofolio Category 0% 20% 50%
1 Claims to Government 36,147,137 - -
Portofolio Category 20% 50%
2 Claims on Public Sector Entities 100,540 13,262,141
Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks - - - -
and International Institutions
Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 2,771,773 - - 1,276,619
Claims on Securities Companies and 16,111,989 899,050 - 1,867,060
Other Financial Services Institutions1)
Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations2) 2,913,016 1,618,375 - 7,357,628 -
Claims on securities companies and - - - -
other financial services institutions3)
Special Financing Exposure4) - - - 181,028
Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522
Securities/Receivables, Equity and Other
Capital Instruments
Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and 407,443 11,582,380
Retail Portfolio
Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 1,438,227 - 890,099 - 482,384 - 3,102,640 4,491,736
Residential Property Backed Loans - 1,438,227 - 890,099 482,384 420,950
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 1,438,227
(guaranteed)5)
using the credit distribution approach - - 890,099 482,384 420,950
(guaranteed)5)
Residential Property-Backed Loans - - - -
whose Payments Are Materially
Dependent on Property Cash Flows
Commercial Property Backed Loans - - - - 2,681,690 4,491,736
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 4,491,736
(guaranteed)5)
using the credit distribution approach - - - - 2,681,690
(guaranteed)5)
Commercial Property Backed Loans
whose Payments Are Materially
Dependent on Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
Portofolio Category 50% 100%
10 Claims That Have Been Due Date 74,787 468,437
Portofolio Category 0% 20% 100%
11 Other Assets 777,352 - 3,509,606
192 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
(in million Rupiah)
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - 36.147.137
100% 150% Others Net Bill After the application of FKK and MRK Technique
210,352 1,581,659 - 15.154.692
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - -
75% 100% 150% Others Net Bill After the application of FKK and MRK Technique
1,150,594 - - - 5.198.986
7,076,199 - - - 25.954.297
35% 50% 100% Others Net Bill After the application of FKK and MRK Technique
- - - - -
85% 100% 130% 150% Others Net Bill After the application of FKK and MRK Technique
1,042,478 65,400,495 - 1,317,368 - 79.649.360
- - - - -
1,043,740 - - - 1.224.768
400% Others Net Bill After the application of FKK and MRK Technique
- - 22.522
85% 100% Others Net Bill After the application of FKK and MRK Technique
62,369 1,353,905 2.190 13.408.287
65% 70% 75% 85% 90% 100% 105% 110% 150% Others Net Bill After the application of FKK and MRK Technique
- - 1,450,931 41,872 - - - - - 1.369.479 13.267.369
- - 48,170 1,000 - - 1.212.332 4.493.163
- - 48,170 1,000 - - - 49.170
1.212.332 2.650.560
- - - - - - 1.793.433
- - - - -
- 1,402,760 40,872 - - 157.147 8.774.205
157.147 157.147
- 4.491.736
- 1,402,760 40,872 - - - 4.125.323
- - - - - -
- - - -
150% Others Net Bill After the application of FKK and MRK Technique
113,727 - 656.951
150% 1250% Others Net Bill After the application of FKK and MRK Technique
54,523 - - 4.341.481
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Risk Management
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling and
Financial Position
(Before FKK Handling) MRK Techniques)
1 < 40% 59,063,548 27,455,058 72.21% 62,477,250
2 40% - 70% 45,433,928 12,993,707 80.87% 47,251,078
3 75% 26,585,179 16,042,524 67.50% 28,774,878
4 80% 181,028 - 100.00% 181,028
5 85% 1,104,016 420,122 75.24% 1,146,719
6 90% - 100% 57,175,274 89,737,167 49.00% 71,986,534
7 105% - 130% 302 1,308 26.89% 433
8 150% 3,037,253 393,642 89.45% 3,069,035
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 192,603,050 147,043,528 63.27% 214,909,478
Exposure Disclosure based on Asset Class and Risk Weighting (CR5)
Consolidated Bank with Subsidiaries
Portofolio Category 0% 20% 50%
1 Claims to Government 45,700,532 - -
Portofolio Category 20% 50%
2 Claims on Public Sector Entities 100,540 13,262,141
Portofolio Category 0% 20% 30% 50%
3 Claims on Multilateral Development Banks - - - -
and International Institutions
Portofolio Category 20% 30% 40% 50%
4 Bills to Banks 4,988,758 - - 1,276,619
Claims on Securities Companies and 16,111,989 899,050 - 1,867,060
Other Financial Services Institutions1)
Portofolio Category 10% 15% 20% 25%
5 Claims in the form of Covered Bonds - - - -
Portofolio Category 20% 50% 65% 75% 80%
6 Claims on General Corporations2) 2,913,016 2,148,890 - 7,357,628 -
Claims on securities companies and - - - -
other financial services institutions3)
Special Financing Exposure4) - - - 181,030
Portofolio Category 100% 150% 250%
7 Receivables in the form of Subordinated - - 22,522,00
Securities/Receivables, Equity and Other
Capital Instruments
Portofolio Category 45% 75%
8 Claims on Micro, Small m Business and 407,443 45,930,327
Retail Portfolio
194 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
(in million Rupiah)
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - 45,700,532
100% 150% Others Net Bill After the application of FKK and MRK Technique
210,352 1,581,659 - 15,154,692
100% 150% Others Net Bill After the application of FKK and MRK Technique
- - - -
75% 100% 150% Others Net Bill After the application of FKK and MRK Technique
1,150,594 - - - 7,415,971
7,076,199 - - - 25,954,297
35% 50% 100% Others Net Bill After the application of FKK and MRK Technique
- - - - -
85% 100% 130% 150% Others Net Bill After the application of FKK and MRK Technique
1,042,478 65,774,590 - 1,317,368 - 80,553,970
- - - - -
1,043,740 - - - 1,224,770
400% Others Net Bill After the application of FKK and MRK Technique
- - 22,522
85% 100% Others Net Bill After the application of FKK and MRK Technique
62,369 1,353,905 2,190 47,756,234
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Risk Management
Exposure Disclosure based on Asset Class and Risk Weighting (CR5)
Consolidated Bank with Subsidiaries
Portofolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60%
9 Property Backed Loans - 1,438,227 - 890,099 - 482,384 - 3,102,640 4,491,736
Residential Property Backed Loans - 1,438,227 - 890,099 482,384 420,950
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 1,438,227
(guaranteed)5)
using the credit distribution approach - - 890,099 482,384 420,950
(guaranteed)5)
Residential Property-Backed Loans - - - -
whose Payments Are Materially
Dependent on Property Cash Flows
Commercial Property Backed Loans - - - - 2,681,690 4,491,736
whose Payments Are Not Materially
Dependent on Property Cash Flows
without a credit-sharing approach5) - - - - - -
using the credit distribution approach 4,491,736
(guaranteed)5)
using the credit distribution approach - - - - 2,681,690
(guaranteed)5)
Commercial Property Backed Loans
whose Payments Are Materially
Dependent on Property Cash Flows
Land Acquisition, Land Processing and
Construction Loans5)
Portofolio Category 50% 100%
10 Claims That Have Been Due Date 2,139,478 471,743
Portofolio Category 0% 20% 100%
11 Other Assets 1,379,647,00 - 5,326,426,00
Account Transaction Net Bill
Net Bill Statement
No Risk Weight Administrative Net Bill FKK Average (After FKK Handling and
Financial Position
(Before FKK Handling) MRK Techniques)
1 < 40% 71,436,223 27,455,058 75.69% 74,849,925
2 40% - 70% 48,029,134 13,163,735 80.59% 49,315,769
3 75% 60,933,126 16,042,524 82.00% 63,122,825
4 80% 181,030 - 100.00% 181,030
5 85% 1,104,016 420,122 75.24% 1,146,719
6 90% - 100% 59,369,495 89,737,167 50.11% 74,711,270
7 105% - 130% 302 1,308 26.89% 433
8 150% 3,144,130 393,642 89.77% 3,175,912
9 250% 22,522 - 100.00% 22,522
10 400% - - 0.00% -
11 1250% - - 0.00% -
Total Net Claims 244,219,978.00 147,213,556.00 68.09% 266,526,406.00
196 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 199
Risk Management
(in million Rupiah)
65% 70% 75% 85% 90% 100% 105% 110% 150% Others Net Bill After the application of FKK and MRK Technique
- - 1,450,931 41,872 - - - - - 1,369,479 13,267,369
- - 48,170 1,000 - - 1,212,332 4,493,163
- - 48,170 1,000 - - - 49,170
1,212,332 2,650,560
- - - - - - 1,793,433
- - - - -
- 1,402,760 40,872 - - 157,147 8,774,205
157,147 157,147
- - 4,491,736
- 1,402,760 40,872 - - - 4,125,323
- - - - - -
- - - -
150% Others Net Bill After the application of FKK and MRK Technique
113,727 - 2,724,948
150% 1250% Others Net Bill After the application of FKK and MRK Technique
161,400,00 - - 6,867,473,00
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 197
Page 200
Risk Management
Net Claims Disclosures based on Geographic Area - Bank Stand Alone
31 December 2024
No Portofolio Category Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 36,224,225 - - - - 36,224,225
2 Claims on Public Sector Entity 14,806,907 - 347,785 - - 15,154,692
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 7,479,454 820 71,724 - 1,373,257 8,925,255
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 26,273,760 - 105,024 - - 26,378,784
Other Financial Services Institutions
7 Claims in the form of Subordinated 22,522 - - - - 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,262,706 93,613 761,458 374,637 749 4,493,163
9 Secured by Commercial Real Estate 6,378,971 178,840 1,346,564 869,830 - 8,774,205
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 9,354,654 1,427,324 4,200,876 4,900,774 - 19,883,628
employees loans
12 Claims on Micro, Small and Retail 8,335,208 542,069 2,567,651 1,845,421 117,939 13,408,288
Portfolio
13 Claims on Corporate 68,919,377 149,983 6,987,328 4,212,205 829,540 81,098,433
14 Past due claims 437,402 8,383 144,662 65,239 1,265 656,951
15 Other assets 4,341,481 - - - - 4,341,481
Total 185,836,667 2,401,032 16,533,072 12,268,106 2,322,750 219,361,627
Net Claims Disclosures based on Geographic Area - Consolidated Bank with Subsidiaries
31 December 2024
No Portofolio Category Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 45,777,620 - - - - 45,777,620
2 Claims on Public Sector Entity 14,806,907 - 347,785 - - 15,154,692
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 10,309,779 820 71,724 - 1,373,257 11,755,580
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 26,273,760 - 105,024 - - 26,378,784
Other Financial Services Institutions
7 Claims in the form of Subordinated 22,522 - - - - 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,262,706 93,613 761,458 374,637 749 4,493,163
9 Secured by Commercial Real Estate 6,378,971 178,840 1,346,564 869,830 - 8,774,205
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 9,354,654 1,427,324 4,200,876 4,900,774 - 19,883,628
employees loans
12 Claims on Micro, Small and Retail 27,819,365 1,852,528 10,437,605 7,528,797 117,939 47,756,234
Portfolio
13 Claims on Corporate 69,823,987 149,983 6,987,328 4,212,205 829,540 82,003,043
14 Past due claims 1,763,517 53,305 521,458 385,403 1,265 2,724,948
15 Other assets 6,456,385 43,105 256,447 109,532 - 6,865,469
Total 222,050,173 3,799,518 25,036,269 18,381,178 2,322,750 271,589,888
198 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 201
Risk Management
(in million Rupiah)
31 December 2023
Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
24,863,282 - - - - 24,863,282
12,796,683 - 1,132,630 - - 13,929,313
- - - - - -
5,023,097 2,596 24,359 1,630 1,612,714 6,664,396
- - - - - -
26,992,439 - 223,161 - - 27,215,600
22,522 - - - - 22,522
2,841,679 61,068 656,306 285,323 - 3,844,376
4,742,278 119,536 1,157,521 750,499 - 6,769,834
- - - - - -
10,116,020 1,503,681 4,349,395 5,050,461 - 21,019,557
3,766,800 254,730 1,259,539 915,232 157,299 6,353,600
72,561,719 80,619 6,603,517 4,678,425 573,674 84,497,954
416,791 10,152 100,801 55,566 691 584,001
4,626,837 - - - - 4,626,837
168,770,147 2,032,382 15,507,229 11,737,136 2,344,378 200,391,272
(in million Rupiah)
31 December 2023
Net claims based on geographic area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
33,159,244 - - - - 33,159,244
13,252,686 - 1,132,630 - - 14,385,316
- - - - - -
7,096,192 2,596 24,359 1,630 1,612,714 8,737,491
- - - - - -
26,992,439 - 223,161 - - 27,215,600
22,522 - - - - 22,522
2,841,679 61,068 656,306 285,323 - 3,844,376
4,742,278 119,536 1,157,521 750,499 - 6,769,834
- - - - - -
10,116,020 1,503,681 4,349,395 5,050,461 - 21,019,557
23,987,803 1,458,878 9,174,690 6,089,133 157,299 40,867,803
72,681,064 80,619 6,603,517 4,678,425 573,674 84,617,299
964,439 24,713 256,237 184,225 691 1,430,305
6,937,081 36,730 234,191 87,487 - 7,295,489
202,793,447 3,287,821 23,812,007 17,127,183 2,344,378 249,364,836
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 199
Page 202
Risk Management
Disclosure of Net Claims Based on the Remaining Term of Bank’s Contracts – Bank Stand Alone
31 December 2024
No Portofolio Category Net Claims Disclosure Based on Residual Contractual Maturity
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 26,021,798 1,080,240 216,163 131,892 8,774,132 36,224,225
2 Claims on Public Sector Entity 1,757,741 5,619,943 5,065,039 2,711,969 - 15,154,692
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 6,094,443 1,008,869 757,925 350,871 713,147 8,925,255
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 4,083,496 7,654,574 13,026,386 1,614,328 - 26,378,784
Other Financial Services Institutions
7 Claims in the form of Subordinated - - - - 22,522 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,384,401 315,195 664,647 128,703 217 4,493,163
9 Secured by Commercial Real Estate 6,064,886 1,009,127 1,183,963 516,229 - 8,774,205
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 254,396 2,129,685 3,144,983 14,354,564 - 19,883,628
employees loans
12 Claims on Micro, Small and Retail 2,861,084 4,787,194 2,199,328 3,560,682 - 13,408,288
Portfolio
13 Claims on Corporate 35,445,103 25,887,985 11,225,881 8,539,464 - 81,098,433
14 Past due claims 401,548 89,407 46,200 119,796 - 656,951
15 Other assets - - - - 4,341,481 4,341,481
Total 86,368,896 49,582,219 37,530,515 32,028,498 13,851,499 219,361,627
Disclosure of Net Claims Based on the Remaining Term of Bank’s Contract - Consolidated Bank with Subsidiaries
31 December 2024
No Portofolio Category Net Claims Disclosure Based on Residual Contractual Maturity
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(a) (b) (c) (d) (e) (f) (g) (h)
1 Claims on sovereign 31,848,233 2,825,633 1,486,734 173,559 9,443,461 45,777,620
2 Claims on Public Sector Entity 1,757,741 5,619,943 5,065,039 2,711,969 - 15,154,692
3 Claims on Multilateral Development - - - - - -
Banks and International Institute
4 Claims on Bank 8,374,729 1,553,951 757,925 350,871 718,104 11,755,580
5 Covered Bond Claims - - - - - -
6 Claims on Securities Companies and 4,083,496 7,654,574 13,026,386 1,614,328 - 26,378,784
Other Financial Services Institutions
7 Claims in the form of Subordinated - - - - 22,522 22,522
Securities/Receivables, Equity, and
Other Capital Instruments
8 Secured by Residential Property 3,384,401 315,195 664,647 128,703 217 4,493,163
9 Secured by Commercial Real Estate 6,064,886 1,009,127 1,183,963 516,229 - 8,774,205
10 Credit for Land Acquisition, Land - - - - - -
Processing and Construction
11 Pensioners/Other institutions' 254,396 2,129,685 3,144,983 14,354,564 - 19,883,628
employees loans
12 Claims on Micro, Small and Retail 20,287,744 19,287,077 4,620,731 3,560,682 - 47,756,234
Portfolio
13 Claims on Corporate 36,349,713 25,887,985 11,225,881 8,539,464 - 82,003,043
14 Past due claims 1,379,248 930,484 195,905 219,311 - 2,724,948
15 Other assets 608,452 337,954 151,186 269,127 5,498,750 6,865,469
Total 114,393,039 67,551,608 41,523,380 32,438,807 15,683,054 271,589,888
200 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 203
Risk Management
(in million Rupiah)
31 December 2023
Net Claims Disclosure Based on Residual Contractual Maturity
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(i) (j) (k) (l) (m) (n)
13,584,183 2,588,274 3,590 74,080 8,613,155 24,863,282
2,472,603 4,105,828 7,199,923 150,959 - 13,929,313
- - - - - -
2,852,012 1,907,451 430,682 515,519 958,732 6,664,396
- - - - - -
5,115,960 5,323,646 14,605,120 2,170,874 - 27,215,600
- - - - 22,522 22,522
3,022,677 211,642 482,624 127,433 - 3,844,376
5,475,166 500,420 359,115 435,133 - 6,769,834
- - - - - -
284,154 1,957,541 3,650,717 15,127,145 - 21,019,557
1,868,407 1,853,780 441,659 2,189,754 - 6,353,600
33,397,330 31,309,677 11,920,250 7,870,697 - 84,497,954
395,877 92,328 27,725 68,071 - 584,001
- - - - 4,626,837 4,626,837
68,468,369 49,850,587 39,121,405 28,729,665 14,221,246 200,391,272
(in million Rupiah)
31 December 2023
Net Claims Disclosure Based on Residual Contractual Maturity
Non
<1 Year 1-3 Year 3-5 Year >5 Year Total
Contractual
(i) (j) (k) (l) (m) (n)
18,429,498 4,476,208 555,442 421,498 9,276,598 33,159,244
2,777,786 4,206,558 7,250,013 150,959 - 14,385,316
- - - - - -
4,713,322 1,983,398 433,081 515,519 965,851 8,611,171
- - - - - -
5,115,960 5,323,646 14,605,120 2,170,874 - 27,215,600
- - - - 22,522 22,522
3,022,677 211,642 482,624 127,433 - 3,844,376
5,475,166 500,420 359,115 435,133 - 6,769,834
- - - - - -
284,154 1,957,541 3,650,717 15,127,145 - 21,019,557
18,813,048 16,577,247 3,658,909 2,277,743 - 41,326,947
33,432,155 31,314,133 11,920,250 7,870,697 80,064 84,617,299
690,681 462,744 182,509 94,371 - 1,430,305
953,454 332,871 70,636 186,552 5,751,976 7,295,489
93,707,901 67,346,408 43,168,416 29,377,924 16,097,011 249,697,660
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 201
Page 204
Risk Management
Net Claims Dicslosure based on Economic Sector - Bank Stand Alone
Claims on
Multilateral
Claims on
Claims on Development Claims on Covered Bond
No Economic Sector Public Sector
sovereign Banks and Bank Claims
Entity
International
Institute
(a) (b) (c) (d) (e) (f) (g)
December 2024
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,858,419 - - -
3 Manufacturing - 331,537 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,906,542 - - -
5 Water Management, WasteWater Management, Waste - - - - -
Management and Recycling
6 Construction - 2,689,724 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - 23,022 -
Motorcycles
8 Transportation and Warehousing - 4,152,983 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 36,224,225 1,215,487 - 8,902,233 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others - - - - -
Total 36,224,225 15,154,692 - 8,925,255 -
December 2023
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 3,354,139 - - -
3 Manufacturing - 455,123 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,480,612 - - -
5 Water Management, WasteWater Management, Waste - - - - -
Management and Recycling
6 Construction - 2,787,189 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - - -
Motorcycles
8 Transportation and Warehousing - 2,717,118 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - 15,753 - - -
11 Financial and Insurance Activities 24,863,282 119,379 - 6,664,396 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others - - - - -
Total 24,863,282 13,929,313 - 6,664,396 -
202 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 205
Risk Management
(in million Rupiah)
Claims in
Claims on
the form of Credit for Land
Securities Claims Claims Pensioners/
Subordinated Acquisition, Claims on
Companies secured secured Other
Securities/ Land Micro, Small Claims on Past Other
and Other by by institutions’
Receivables, Processing and Retail Corporate due claims Assets
Financial Residential Commercial employees
Equity, and and Portfolio
Services Property Real Estate loans
Other Capital Construction
Institutions
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 58,618 83,706 - - 38,169 4,144,066 4,685 -
- - 15,300 32,558 - - 10,435 1,989,742 4,790 -
- - 1,043,891 3,150,965 - - 1,161,939 29,732,424 187,574 -
- - 22,122 234,557 - - 2,441 600,768 101 -
- - 29,284 55,270 - - 1,617 611,566 2,578 -
- - 401,603 466,811 - - 119,809 1,850,093 38,565 -
61,290 - 2,457,218 4,159,617 - - 777,520 13,352,349 217,715 -
- - 203,958 216,206 - - 36,494 2,747,874 10,527 -
- - 63,319 37,096 - - 16,710 55,261 9,326 -
- - 16,078 54,801 - - 2,396 8,867,464 - -
26,302,515 22,514 - - - - 2,900 169,420 - -
- - - 3,500 - - 1,728 1,517,076 - -
- - 12,219 40,734 - - 1,020 3,873,080 - -
- - 49,194 176,643 - - 67,658 6,174,919 8,544 -
- - - - - - - - - -
- - - 5,625 - - - - - -
- - 13,611 7,252 - - 12,242 - - -
- - 535 3,473 - - 89 191,367 - -
- - 87,679 25,439 - - 1,895,210 36,857 7,364 -
- - 1,597 52 - - 5,694 - - -
- - - - - - - - - -
- - 16,937 19,900 - 19,883,628 9,226,317 9,138 165,182 -
- - - - - - - - - -
14,979 8 - - - - 27,900 5,174,969 - 4,341,481
26,378,784 22,522 4,493,163 8,774,205 - 19,883,628 13,408,288 81,098,433 656,951 4,341,481
- - 46,445 130,429 - - 43,494 3,988,906 2,450 -
- - 12,928 19,460 - - 6,197 4,038,231 2,725 -
- - 965,447 2,276,185 - - 157,178 34,223,398 190,171 -
- - 12,833 5,111 - - 1,701 913,252 269 -
- - 22,953 41,855 - - 8,627 342,520 - -
- - 357,548 329,286 - - 85,534 2,069,002 31,620 -
78,432 - 2,059,249 3,472,720 - - 769,373 15,592,102 219,584 -
- - 126,068 184,524 - - 16,165 2,213,674 5,646 -
- - 64,843 30,087 - - 12,808 52,759 13,943 -
- - 14,944 70,188 - - 193 8,195,651 - -
27,122,168 22,514 - - - - - 58,526 - -
- - - 8,140 - - 1,688 1,191,266 - -
- - 8,522 11,105 - - - 2,468,554 - -
- - 64,688 137,892 - - 10,555 3,898,370 6,954 -
- - - - - - - - - -
- - - - - - 4 - - -
- - 11,778 10,582 - - 3,544 - - -
- - 749 3,791 - - - 225,434 - -
- - 63,395 14,322 - - 117,292 41,107 1,914 -
- - 336 - - - 6,404 - 281 -
- - - - - - - - - -
- - 11,650 24,157 - 21,019,557 5,090,893 6,555 108,444 -
- - - - - - - - - -
15,000 8 - - - - 21,950 4,978,647 - 4,626,837
27,215,600 22,522 3,844,376 6,769,834 - 21,019,557 6,353,600 84,497,954 584,001 4,626,837
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 203
Page 206
Risk Management
Net Claims Dicslosure based on Economic Sector - Consolidated Bank with Subsidiaries
Claims on
Multilateral
Claims on
Claims on Development Claims on Covered Bond
No Economic Sector Public Sector
sovereign Banks and Bank Claims
Entity
International
Institute
(a) (b) (c) (d) (e) (f) (g)
Desember 2024
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 1,858,419 - - -
3 Manufacturing - 331,537 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,906,542 - - -
5 Water Management, WasteWater Management, Waste - - - - -
Management and Recycling
6 Construction - 2,689,724 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - 23,022 -
Motorcycles
8 Transportation and Warehousing - 4,152,983 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - - - - -
11 Financial and Insurance Activities 36,224,225 1,215,487 - 10,663,569 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others 9,553,395 - - 1,068,989 -
Total 45,777,620 15,154,692 - 11,755,580 -
Desember 2023
1 Agriculture, forestry and fisheries - - - - -
2 Mining and excavation - 3,354,139 - - -
3 Manufacturing - 455,123 - - -
4 Procurement of Electricity, Gas, Steam / Hot Water and Cold Air - 4,480,612 - - -
5 Water Management, WasteWater Management, Waste - - - - -
Management and Recycling
6 Construction - 2,787,189 - - -
7 Wholesale and retail trading; Repair and Maintenance of Cars and - - - - -
Motorcycles
8 Transportation and Warehousing - 2,717,118 - - -
9 Provision of Accommodation and Provision of Drinking Food - - - - -
10 Information and Communication - 15,753 - - -
11 Financial and Insurance Activities 24,863,282 119,379 - 7,914,203 -
12 Real Estate - - - - -
13 Professional, Scientific, and Technical Activities - - - - -
14 Rental and Rental Activities Without Option Rights, Employment, - - - - -
Travel Agents, and Other Business Support
15 Government, Defense and Compulsory Social Security - - - - -
Administration
16 Education - - - - -
17 Human Health Activities and Social Activities - - - - -
18 Arts, Entertainment and Recreation - - - - -
19 Other Service Activities - - - - -
20 Household Activities as An Employer - - - - -
21 Activities of the International Agency and Other Extra International - - - - -
Agency
22 Household - - - - -
23 Not a Business Field - - - - -
24 Others 8,295,962 456,003 - 823,288 -
Total 33,159,244 14,385,316 - 8,737,491 -
204 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 207
Risk Management
(in million Rupiah)
Claims in
Claims on
the form of Credit for Land
Securities Claims Claims Pensioners/
Subordinated Acquisition, Claims on
Companies secured secured Other
Securities/ Land Micro, Small Claims on Past Other
and Other by by institutions’
Receivables, Processing and Retail Corporate due claims Assets
Financial Residential Commercial employees
Equity, and and Portfolio
Services Property Real Estate loans
Other Capital Construction
Institutions
Instruments
(h) (i) (j) (k) (l) (m) (n) (o) (p) (q)
- - 58,618 83,706 - - 3,613,052 4,155,096 119,502 -
- - 15,300 32,558 - - 368,463 1,989,742 28,528 -
- - 1,043,891 3,150,965 - - 5,017,184 29,732,424 420,447 -
- - 22,122 234,557 - - 208,737 600,768 16,908 -
- - 29,284 55,270 - - 1,617 611,566 2,578 -
- - 401,603 466,811 - - 549,059 1,850,093 83,544 -
61,290 - 2,457,218 4,159,617 - - 12,812,357 13,367,221 784,285 -
- - 203,958 216,206 - - 571,461 2,747,874 47,297 -
- - 63,319 37,096 - - 16,733 55,261 9,327 -
- - 16,078 54,801 - - 2,396 8,867,464 - -
26,302,515 22,514 - - - - 2,901 699,935 5 -
- - - 3,500 - - 1,728 1,517,076 - -
- - 12,219 40,734 - - 1,020 3,873,080 - -
- - 49,194 176,643 - - 67,659 6,174,919 8,544 -
- - - - - - - - - -
- - - 5,625 - - - - - -
- - 13,611 7,252 - - 12,248 - - -
- - 535 3,473 - - 1,726,113 191,367 96,433 -
- - 87,679 25,439 - - 10,996,356 36,857 756,961 -
- - 1,597 52 - - 487,602 - 131 -
- - - - - - - - - -
- - 16,937 19,900 - 19,883,628 9,226,317 9,138 165,182 -
- - - - - - 56 - - -
14,979 8 - - - - 2,073,175 5,523,162 185,276 6,865,469
26,378,784 22,522 4,493,163 8,774,205 - 19,883,628 47,756,234 823,043 2,724,948 6,865,469
- - 46,445 130,429 - - 3,511,937 3,988,906 54,830 -
- - 12,928 19,460 - - 365,586 4,038,231 12,672 -
- - 965,447 2,276,185 - - 3,886,469 34,223,398 290,377 -
- - 12,833 5,111 - - 212,995 913,252 5,933 -
- - 22,953 41,855 - - 8,627 342,520 - -
- - 357,548 329,286 - - 520,774 2,0692 49,210 -
78,432 - 2,059,249 3,472,720 - - 13,705,251 15,611,911 468,266 -
- - 126,068 184,524 - - 509,648 2,213,674 19,330 -
- - 64,843 30,087 - - 13,353 52,759 13,956 -
- - 14,944 70,188 - - 193 8,195,651 - -
27,122,168 22,514 - - - - 63 77,998 126 -
- - - 8,140 - - 1,688 1,191,266 - -
- - 8,522 11,105 - - 2 2,468,554 - -
- - 64,688 137,892 - - 10,576 3,898,370 6,954 -
- - - - - - - - - -
- - - - - - 4 - - -
- - 11,778 10,582 - - 3,559 - - -
- - 749 3,791 - - 1,708,856 225,434 40,144 -
- - 63,395 14,322 - - 8,485,072 41,107 279,527 -
- - 336 - - - 553,564 - 1,833 -
- - - - - - - - - -
- - 11,650 24,157 - 21,019,557 5,090,963 6,555 108,445 -
- - - - - - 164 - - -
15,000 8 - - - - 2,278,459 5,058,711 78,702 7,295,489
27,215,600 22,522 3,844,376 6,769,834 - 21,019,557 40,867,803 84,617,299 1,430,305 7,295,489
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 205
Page 208
Risk Management
Claims and Allowances Disclosure based on Geographic Area
Bank Stand Alone
31 December 2024
No Description Geographic Area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 298,594,161 3,264,743 19,970,260 18,528,724 1,649,475 342,007,363
2 Impaired claims -
a. Not yet matured 9,408,983 27,527 1,279,247 165,034 521,611 11,402,402
b. Matured 1,431,597 18,388 323,731 140,196 3,450 1,917,362
3 Allowance for impairment losses - 454,159 18,768 123,758 101,115 1,378 699,178
Stage 1
4 Allowance for impairment losses - 210,432 4,354 42,214 38,127 15,449 310,576
Stage 2
5 Allowance for impairment losses - 1,701,318 10,034 257,037 79,633 2,186 2,050,208
Stage 3
6 Amounts written-off 2,256,056 107,877 744,698 480,306 - 3,588,937
Claims and Allowances Disclosure based on Geographic Area
Consolidated Bank with Subsidiaries
31 December 2024
No Description Geographic Area
Bali & Nusa Kalimantan &
Java Sumatra Overseas Total
Tenggara Sulawesi
(a) (b) (c) (d) (e) (f) (g) (h)
1 Gross claims 333,166,992 4,728,342 28,946,799 24,960,168 1,649,475 393,451,776
2 Impaired claims - - - - - -
a. Not yet matured 9,723,471 40,554 1,367,971 259,157 521,611 11,912,764
b. Matured 4,966,572 140,602 1,297,616 982,933 3,450 7,391,173
3 Allowance for impairment losses - 1,270,665 65,409 389,418 209,353 1,378 1,936,223
Stage 1
4 Allowance for impairment losses - 258,293 6,279 60,082 57,867 15,449 397,970
Stage 2
5 Allowance for impairment losses - 2,724,178 44,834 533,092 316,683 2,186 3,620,973
Stage 3
6 Amounts written-off 8,013,326 372,513 1,636,692 846,584 - 10,869,115
206 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 209
Risk Management
(in million Rupiah)
31 December 2023
Geographic Area
Bali & Nusa Kalimantan &
Jawa Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
264,465,892 2,508,522 17,971,670 16,415,429 1,571,620 302,933,133
-
14,339,290 39,641 594,423 88,902 188,790 15,251,046
1,313,395 21,413 205,492 135,950 1,119 1,677,369
456,040 15,643 107,251 84,864 64 663,862
139,219 5,315 30,036 24,583 - 199,153
2,405,498 7,061 108,234 82,909 - 2,603,702
2,261,653 104,238 831,429 451,448 - 3,648,768
(in million Rupiah)
31 December 2023
Geographic Area
Bali & Nusa Kalimantan &
Jawa Sumatra Overseas Total
Tenggara Sulawesi
(i) (j) (k) (l) (m) (n)
299,038,723 3,972,121 26,948,209 22,846,873 1,571,620 354,377,546
- - - - - -
14,653,778 52,668 683,147 183,025 188,790 15,761,408
4,848,370 143,627 1,179,377 978,687 1,119 7,151,180
1,272,546 62,284 372,911 193,102 64 1,900,907
187,080 7,240 47,904 44,323 - 286,547
3,428,358 41,861 384,289 319,959 - 4,174,467
8,018,923 368,874 1,723,423 817,726 - 10,928,946
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 207
Page 210
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Bank Stand Alone
December 2024
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 7,387,137 808,203 9,639 8,876 376 4,954 -
2 Mining and excavation 10,927,406 - 9,284 3,089 - 4,493 -
3 Manufacturing 82,733,696 1,623,314 177,877 123,298 91,428 150,349 26
4 Procurement of Electricity, Gas, Steam / Hot 7,449,671 - 230 2,288 - 130 -
Water and Cold Air
5 Water Management, WasteWater 1,520,850 - 5,227 1,916 - 2,649 -
Management, Waste Management and
Recycling
6 Construction 8,259,155 3,262,276 78,794 24,432 7,646 539,065 -
7 Wholesale and retail trading; Repair and 48,683,183 1,472,440 835,724 194,724 59,995 627,196 133
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 7,907,109 139,929 20,856 22,823 13,115 11,048 -
9 Provision of Accommodation and Provision 200,630 1,573 18,684 3,998 434 9,396 -
of Drinking Food
10 Information and Communication 10,938,241 6,841 - 6,626 - 3,308 -
11 Financial and Insurance Activities 94,881,176 766,093 244,089 9,526 937 244,088 -
12 Real Estate 1,717,567 574,247 - 340 - 117,490 -
13 Professional, Scientific, and Technical 5,704,912 16,253 - 3,119 1,339 - -
Activities
14 Rental and Rental Activities Without Option 7,950,237 1,429,572 16,558 19,391 3,412 8,014 -
Rights, Employment, Travel Agents, and
Other Business Support
15 Government, Defense and Compulsory - - - - - - -
Social Security Administration
16 Education 5,625 - - 156 - - -
17 Human Health Activities and Social 33,412 124 - 694 - 53 -
Activities
18 Arts, Entertainment and Recreation 195,464 - - 250 - - -
19 Other Service Activities 2,085,101 22,707 13,679 18,382 3,440 6,376 55
20 Household Activities as An Employer 8,733 - - 103 - - -
21 Activities of the International Agency and - - - - - - -
Other Extra International Agency
22 Household 32,700,469 336,935 486,721 250,757 102,605 321,599 9,006
23 Not a Business Field - - - - - - -
24 Others 10,717,589 941,895 - 4,390 25,849 - 3,579,717
Total 342,007,363 11,402,402 1,917,362 699,178 310,576 2,050,208 3,588,937
208 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 211
Risk Management
(in million Rupiah)
December 2023
Impaired Claims Allowance Allowance Allowance
for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-off
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(j) (k) (l) (m) (n) (o) (p)
6,218,774 1,868 8,882 4,445 525 6,440 -
14,092,333 - 4,659 3,458 - 1,934 -
79,007,056 1,843,021 225,816 114,926 26,228 255,452 -
6,905,274 112 492 834 33 224 -
1,111,759 - - 1,377 - - -
9,041,263 4,097,462 68,542 17,746 3,831 42,476 -
45,548,701 901,233 836,490 184,862 47,884 401,693 2
6,782,070 366,780 9,756 15,831 2,615 4,767 -
204,064 1,203 26,158 4,158 284 12,271 -
9,735,188 7,128 - 3,551 2,816 39 -
65,556,903 5,211,337 245,655 6,329 1,563 - -
1,553,271 565,227 - 166 - - -
2,920,037 13,013 - 544 899 - -
5,027,317 1,378,650 11,890 11,292 8,159 5,438 -
- - - - - - -
4 - - - - - -
27,053 575 - 825 91 111 -
229,974 - - 121 - - -
260,061 8,081 3,331 5,433 1,004 2,028 4
8,122 - 515 84 - 234 -
- - - - - - -
30,451,724 231,148 235,183 186,510 62,031 123,963 12,305
- - - - - - -
18,252,185 624,208 - 101,370 41,190 1,746,632 3,636,457
302,933,133 15,251,046 1,677,369 663,862 199,153 2,603,702 3,648,768
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 209
Page 212
Risk Management
Claims and Allowances Disclosure based on Ekonomic Sector
Consolidated Bank with Subsidiaries
December 2024
Impaired Claims Allowance Allowance Allowance
No Economic Sector for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-of f
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(a) (b) (c) (d) (e) (f) (g) (h) (i)
1 Agriculture, forestry and fisheries 11,305,619 833,367 337,683 195,962 4,573 89,485 422,904
2 Mining and excavation 11,332,359 6,069 72,740 6,919 1,489 22,362 7,183
3 Manufacturing 87,097,790 1,679,685 779,289 251,139 100,552 325,618 426,726
4 Procurement of Electricity, Gas, Steam / Hot 7,689,413 3,688 46,223 4,706 736 13,617 7,060
Water and Cold Air
5 Water Management, WasteWater 1,520,850 - 5,227 1,916 - 2,649 1
Management, Waste Management and
Recycling
6 Construction 8,774,113 3,271,744 188,100 29,690 9,535 572,648 29,761
7 Wholesale and retail trading; Repair and 62,189,482 1,617,915 2,551,085 893,645 84,683 1,062,876 5,102,962
Maintenance of Cars and Motorcycles
8 Transportation and Warehousing 8,516,152 155,399 114,995 29,041 14,867 40,384 19,749
9 Provision of Accommodation and Provision 200,666 1,573 18,720 4,047 434 9,396 63,993
of Drinking Food
10 Information and Communication 10,938,241 6,841 - 6,626 - 3,308 758
11 Financial and Insurance Activities 95,411,744 766,093 244,095 9,529 937 244,140 525
12 Real Estate 1,717,567 574,247 - 340 - 117,490 144
13 Professional, Scientific, and Technical 5,704,912 16,253 - 3,119 1,339 - 561
Activities
14 Rental and Rental Activities Without Option 7,950,238 1,429,572 16,558 19,391 3,412 8,014 2,115
Rights, Employment, Travel Agents, and
Other Business Support
15 Government, Defense and Compulsory - - - - - - -
Social Security Administration
16 Education 5,625 - - 156 - - -
17 Human Health Activities and Social 33,422 124 - 698 - 53 753
Activities
18 Arts, Entertainment and Recreation 2,116,929 25,179 258,449 20,285 5,163 73,809 62,922
19 Other Service Activities 12,646,575 204,599 1,806,074 132,519 34,779 571,634 522,832
20 Household Activities as An Employer 519,825 - 17,795 46,951 - - 303,793
21 Activities of the International Agency and - - - - - - -
Other Extra International Agency
22 Household 32,700,469 336,935 486,722 250,758 102,605 321,599 10,570
23 Not a Business Field 56 - - - - - 55
24 Others 25,079,729 983,481 447,418 28,786 32,866 141,891 3,883,748
Total 393,451,776 11,912,764 7,391,173 1,936,223 397,970 3,620,973 10,869,115
210 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 213
Risk Management
(in million Rupiah)
December 2023
Impaired Claims Allowance Allowance Allowance
for for for
Gross Not Yet Amounts
Impairment Impairment Impairment
Claims Written-off Matured Written-off
Losses - Losses - Losses -
Matured Stage 1 Stage 2 Stage 3
(j) (k) (l) (m) (n) (o) (p)
9,888,718 57,299 176,070 136,196 6,842 54,536 235,588
14,476,834 10,535 34,355 7,747 1,623 11,189 8,519
83,058,182 1,987,240 528,676 229,135 37,008 378,143 292,120
7,133,110 9,553 20,267 3,666 1,021 7,283 7,376
1,111,759 - - 1,377 - - 1
9,525,607 4,125,861 121,238 23,870 6,030 65,667 24,258
59,862,264 1,267,501 1,744,573 1,235,018 74,453 689,500 3,816,433
7,314,113 390,164 48,051 22,458 4,534 21,127 17,899
207,258 1,203 26,313 6,950 284 12,271 61,468
9,735,197 7,128 - 3,560 2,816 39 746
65,576,637 5,211,337 245,957 6,703 1,563 - 245
1,553,295 565,227 - 190 - - 123
2,920,074 13,013 - 579 899 - 526
5,027,494 1,378,650 11,895 11,453 8,159 5,438 1,968
- - - - - - -
4 - - - - - -
27,105 575 2 865 91 111 731
2,059,865 65,905 134,864 22,293 5,999 52,720 57,923
9,452,483 495,048 897,572 123,970 37,531 394,081 361,685
598,203 - 16,006 56,943 - 234 227,938
- - - - - - -
30,451,858 231,148 235,189 186,579 62,031 123,963 13,799
164 - - - - - 54
69,696,598 854,975 331,454 129,587 49,703 1,913,749 3,792,407
389,676,822 16,672,362 4,572,482 2,209,139 300,587 3,730,051 8,921,807
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 211
Page 214
Risk Management
Ef forts to Overcome Arrears and Impairment
To maintain good credit quality, monitoring of debtors who experience arrears and impairment is carried out regularly.
Monitoring is carried out in each credit category (Corporate, Commercial, Small and Medium Enterprise or SME,
Micro Business and Retail Lending, including Digital Lending) as well as the industrial sector and the credit portfolio
as a whole.
Disclosure of Bills Based on Delinquent Days
Bank Stand Alone
(in million Rupiah)
31 December 2024 31 December 2023
Bills Based on Delinquent Days Bills Based on Delinquent Days
No Types of Exposures
> 90 days > 120 days > 90 days > 120 days
s.d. 120 s.d. 180 > 180 days Total s.d. 120 s.d. 180 > 180 days Total
days days days days
a b c d e f g h i j
1 Credit that included in past due 229,516 211,055 1,565,315 2,005,886 205,042 100,610 1,456,401 1,762,053
claims
2 Securities that included in past - - - - - - -
due claims
Total 229,516 211,055 1,565,315 2,005,886 205,042 100,610 1,456,401 1,762,053
Disclosure of Bills Based on Delinquent Days
Consolidated Bank with Subsidiaries
(in million Rupiah)
31 December 2024 31 December 2023
Bills Based on Delinquent Days Bills Based on Delinquent Days
No Types of Exposures
> 90 days > 120 days > 90 days > 120 days
s.d. 120 s.d. 180 > 180 days Total s.d. 120 s.d. 180 > 180 days Total
days days days days
a b c d e f g h i j
1 Credit that included in past due 1,059,491 1,293,661 2,098,862 4,452,014 614,530 692,713 1,602,866 2,910,109
claims
2 Securities that included in past - - - - - - - -
due claims
Total 1,059,491 1,293,661 2,098,862 4,452,014 614,530 692,713 1,602,866 2,910,109
212 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 215
Risk Management
Disclosure of Performing and Non-Performing Assets
Bank Stand Alone
(in million Rupiah)
Non Perfoming
(Quality KL, D, M)
Performing
Non Impaired Claims
(Quality L and DPK)
Impaired Claims Have Arrears Have Arrears
No > 90 days ≤ 90 days
Allowance Allowance Allowance Allowance
Gross Gross Gross Gross
for for for for
Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment
Value Value Value Value
Losses Losses Losses Losses
a b c d e f g h
31 December 2024
1 Securities 19,332,166 593 - - - - - -
2 Loan 143,932,165 1,649,451 1,917,363 1,348,933 88,523 22 - -
a. Corporate 95,023,416 744,118 487,941 480,057 88,523 22 - -
b. Ritel 48,908,748 905,334 1,429,422 868,876 - - - -
3 Administrative Account 147,058,112 43,266 - - - - - -
Transaction
31 December 2023
1 Securities 8,547,320 799 - - - - - -
2 Loan 143,411,383 2,226,053 1,677,370 1,178,052 84,684 26 - -
a. Corporate 100,160,698 1,423,786 530,748 487,176 84,684 26 - -
b. Ritel 43,250,685 802,267 1,146,622 690,876 - - - -
3 Administrative Account 121,956,266 52,990 - - - - - -
Transaction
Disclosure of Performing and Non-Performing Assets
Consolidated Bank with Subsidiaries
(in million Rupiah)
Non Perfoming
(Quality KL, D, M)
Performing
Non Impaired Claims
(Quality L and DPK)
Impaired Claims Have Arrears Have Arrears
No > 90 days ≤ 90 days
Allowance Allowance Allowance Allowance
Gross Gross Gross Gross
for for for for
Carrying Carrying Carrying Carrying
Impairment Impairment Impairment Impairment
Value Value Value Value
Losses Losses Losses Losses
a b c d e f g h
31 December 2024
1 Securities 28,381,457 593 - - - - - -
2 Loan 171,461,132 2,796,100 1,917,363 1,348,933 2,153,215 824,303 27,528,967 1,146,649
a. Corporate 95,580,035 744,320 487,941 480,057 88,523 22 - -
b. Ritel 58,244,597 1,451,274 1,429,422 868,876 375,039 374,129 6,398 4,003
3 Administrative Account 147,058,112 43,266 - - - - - -
Transaction
31 December 2023
1 Securities 17,194,076 799 - - - - - -
2 Loan 154,629,618 3,138,216 1,677,370 1,178,052 407,122 293,577 12,078 8,202
a. Corporate 100,200,376 1,424,183 530,748 487,176 84,684 26 - -
b. Ritel 54,429,242 1,714,033 1,146,622 690,876 322,438 293,551 12,078 8,202
3 Administrative Account 121,956,266 52,990 - - - - - -
Transaction
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 213
Page 216
Risk Management
Definition of Restructured Assets
In order to minimize credit losses, the Bank is considering credit restructuring for debtors who experience difficulties
in fulfilling their obligations as long as it is beneficial for both parties.
Credit restructuring is an improvement effort carried out by the Bank in credit activities for debtors who are having
difficulty fulfilling their obligations.
Banks are only allowed to carry out credit restructuring for debtors with the following criteria:
i. The debtor experiences a decrease in the ability to pay credit principal and/or interest; and
ii. The debtor remains with good business prospects and is able to fulfill its obligations after restructuring
Disclosure of Performing and Non-Performing Restructuring Assets
Bank Stand Alone
(in million Rupiah)
Performing Non Perfoming
Stage 1 Stage 2 Stage 3
(Quality L and DPK) (Quality KL, D, M)
No 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
31 December 2024
1 Securities - - - - - - - - - -
2 Credit 4,196,189 739,695 975,222 771,565 438,466 54,641 256,651 101,269 4,476,293 1,355,350
a. Corporation 3,435,351 551,230 487,941 480,057 - - 444 2 3,922,848 1,031,285
b. Retail 760,838 188,465 487,281 291,508 438,466 54,641 256,207 101,267 553,445 324,065
3 Administrative 42,353 265 - - 4,802 43 2,020 221 - -
Account
Transactions
31 December 2023
1 Securities - - - - - - - - - -
2 Credit 3,713,223 1,035,516 1,150,326 897,173 645,410 86,396 381,862 64,421 3,836,277 1,781,872
a. Corporation 2,693,931 817,854 507,652 486,877 - - 167,867 196 3,033,716 1,304,535
b. Retail 1,019,292 217,661 642,673 410,296 645,410 86,396 213,995 64,225 802,561 477,338
3 Administrative 150,009 94 - - 11,871 94 - - - -
Account
Transactions
214 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 217
Risk Management
Disclosure of Performing and Non-Performing Restructuring Assets
Consolidated Bank with Subsidiaries
(in million Rupiah)
Performing Non Perfoming
Stage 1 Stage 2 Stage 3
(Quality L and DPK) (Quality KL, D, M)
No 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
31 December 2024
1 Surat Berharga - - - - - - - - - -
2 Kredit 6,904,718 1,477,218 2,029,237 1,142,312 493,773 55,258 294,370 101,911 8,145,811 2,462,361
a. Korporasi 3,435,351 551,230 487,941 480,057 - - 444 2 3,922,848 1,031,285
b. Ritel 829,556 216,580 496,090 299,380 438,466 54,641 256,207 101,267 553,445 324,065
3 Transaksi 42,353 265 - - 4,802 43 2,020 221 - -
Rekening
Administratif
31 December 2023
1 Surat Berharga - - - - - - - - - -
2 Kredit 3,916,565 1,151,048 1,181,024 927,280 645,410 86,396 381,862 64,421 3,836,277 1,781,872
a. Korporasi 2,693,931 817,854 507,652 486,877 - - 167,867 196 3,033,716 1,304,535
b. Ritel 1,222,634 333,193 673,371 440,403 645,410 86,396 213,995 64,225 802,561 477,338
3 Transaksi 150,009 94 - - 11,871 94 - - - -
Rekening
Administratif
Disclosure of Counterparty Credit Risk
Counterparty credit risk for the Bank is the risk arising from the counterparty’s failure to pay a contract with the Bank,
which causes potential losses for the Bank in replacing the contract.
Counterparty credit risk generally arises from FX swaps and repo/reverse repo transactions. Mitigation of counterparty
credit risk is carried out in accordance with SE OJK 24/SEOJK.03/2021, namely by recognizing the existence of
collateral, guarantees, or credit insurance and complemented by the Bank’s policy for managing credit risk from
counterparties.
CCR1 Table: Counterparty Credit Risk Exposure Analysis
Alpha
used in the
Replacement Cost Potential Future
No EEPE calculations Net Receivables RWA
(RC) Exposure (PFE)
of Regulatory
EAD
a b c d e f
1 SA-CCR 1,412,959,178,832 1,432,302,010,495 1.4 3,983,365,665,058 1.657.160.100.000
(untuk derivatif)
2 Metode Internal N/A N/A
Model (untuk derivatif
dan SFT)
3 Pendekatan N/A N/A
sederhana untuk
mitigasi risiko kredit
(untuk SFT)
4 Pendekatan
komprehensif untuk
mitigasi risiko kredit
(untuk SFT)
5 VaR untuk SFT N/A N/A
Total
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 215
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Risk Management
Definition
Replacement Cost is as referred to in the provisions of the Financial Services Authority regarding the guidelines for
calculating net receivables of derivative transactions in the calculation of risk-weighted assets for credit risk using the
standardized approach.
Potential Future Exposure is as referred to in the provisions of the Financial Services Authority regarding the
guidelines for calculating net receivables of derivative transactions in the calculation of risk-weighted assets for credit
risk using the standardized approach.
Net Receivables is the calculation of Net Receivables for derivative transactions using the standardized approach
which is the sum of Replacement Cost (RC) and Potential Futures Exposures (PFE) which is then multiplied by
1.4 (one point four) as referred to in the provisions of the Financial Services Authority regarding the guidelines for
calculating net receivables of derivative transactions in the calculation of risk-weighted assets according to risk for
credit risk using the standardized approach.
CCR3 Table: CCR Exposure Based on Portfolio Category and Risk Weight
Portfolio Total Net
0% 10% 20% 50% 75% 100% 150% Others
Category receivables
Claims on 77,087,876,367 77,087,876,367
sovereign
Claims on
Public Sector
Entity
Claims on
Multilateral
Development
Banks and
International
Institute
Claims on 827,603,448,722 2,429,882,612,436 - 3,257,486,061,158
Bank
Claims on
Securities
Companies
Claims on 372,246,267,535 19,040,572,853 257,504,887,145 648,791,727,533
Corporate
Claims on
Micro, Small
and Retail
Portfolio
Other Assets
Total 77,087,876,367 1,199,849,716,258 2,448,923,185,288 257,504,887,145 3,983,365,665,058
Definition
The division by risk weight and regulatory portfolio is included in the table for illustrative purposes. Banks may
supplement the table with asset class divisions based on the provisions of the Financial Services Authority regarding
guidelines for calculating risk-weighted assets for credit risk using the standardized approach.
Total credit exposure is the relevant value for calculating capital by taking into account credit risk mitigation
techniques.
216 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
CCR6 Table: Net Credit Derivatives Claims
Protection Bought Protection Sold
Nilai Notional NULL NULL
Single-name credit default swaps
Index credit default swaps
Total return swaps
Credit options
Derivatif kredit lainnya
Total Nilai Notional NULL NULL
Nilai wajar NULL NULL
Nilai wajar positif (aset)
Nilai wajar negatif (kewajiban)
B. Market Risk Adequacy of Policies, Procedures, and Limit
Market risk is the risk on the balance sheet and Determination
administrative account positions, including derivative The Bank periodically reviews the adequacy of policies,
transactions due to changes in market conditions. procedures, and limit determination in managing market
Changes in market conditions include movements risk so that they are in line with external regulations
in exchange rates, interest rates, and option prices, such as Financial Services Authority (OJK) Regulation
including changes in credit spreads and the potential for No. 18/POJK.03.2016 and OJK Circular No. 34/
default. Market risk exists in trading book and banking SEOJK.03/2016 concerning the implementation of risk
book positions originating from exposure to foreign management. In addition, this policy is also prepared in
exchange, securities, derivatives, and financial/money line with the global market risk and liquidity risk policies
market instruments. of Sumitomo Mitsui Banking Corporation (SMBC) due to
the fact that SMBC Indonesia is an SMBC group.
Interest rate risk in the banking book can arise from
differences in exposure to the Bank’s assets and The Bank’s market risk policies and procedures
liabilities and movements in interest rates, which will establish clear rules and standards for all business
affect income and the economic value of the Bank’s activities, controls, and operational and organizational
capital. strategies in the Bank related to market risk. The Bank
has a methodology following measurable and clear
Market Risk Management Framework steps to identify, measure, and monitor market risks.
The Bank uses the control framework as a clear and
firm guideline regarding limits on risk-taking. The three To ensure risk control runs well, the Bank also checks
key components in the risk control framework are: and balances and separates the front office, middle
1. Policies and Procedures office, and back office, as well as implementing the
Establish clear rules and standards for all Three Lines of Defense framework, namely:
business activities, controls, and operational and 1. Work Unit Leader (PUK) (first line of defense)
organizational strategies in the Bank related to 2. Market and Liquidity Risk Management Department
market risk management. and Compliance Unit (second line of defense)
3. Internal Audit/SKAI Work Unit (third line of defense)
2. Exposure Limits
Provide clear boundaries related to market risk. Determination of market risk limits is reviewed
Market risk limits/tolerances are adjusted to periodically to ensure compliance with business
relevant regulations, global policies, and local developments and the latest economic and market
policies at the Bank. conditions based on exchange rate and interest rate risk
factors.
3. Delegation of Risk Authority
Ensure that decision-making on major risks
can only be carried out by certain individuals or
work units who have received approval from the
management committee at the Bank.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 217
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Risk Management
Adequacy of Risk Identification, Measurement, The Bank’s foreign exchange exposure mostly comes
Monitoring, and Control Processes, as well as from FX transactions carried out for the benefit of
Risk Management Information Systems customers and swaps for sources of funds obtained
Market risk identification is always carried out through in foreign currencies. Exchange rate risk exposure is
the analysis of every product, transaction, or service measured based on the Bank’s net foreign exchange
offered by the Bank through programs until the product, position. The Bank’s net foreign exchange position as
transaction, or service becomes a market risk exposure of December 2024 is 1.29% of capital, or far below
that is measured, monitored, and controlled on a daily Bank Indonesia’s maximum threshold, namely 20.0% of
basis. capital.
For every feature development and significant growth, The Bank carries out a revaluation process (mark to
market risks are continuously re-identified and market) based on market prices at the end of each
discussed jointly between the Risk Management Work day. The Bank also monitors market risk exposure on
Unit (SKMR), in this case the Market and Liquidity Risk a daily basis as part of risk mitigation and ensures that
Management work unit, and related business units. exposure does not exceed the limit set by the asset
liabilities committee (ALCO).
Currently the Bank’s securities portfolio is categorized
as a trading book and a banking book. Trading book The calculation of Risk Weighted Assets (RWA) for
securities are mainly used to fulfill requests from market risk and capital requirements for market risk
customers. Meanwhile, banking book securities are exposure is carried out based on a standard approach
managed for the purpose of providing liquidity reserves in accordance with applicable regulations.
and obtaining optimal returns in accordance with the
business plan and certain levels of risk accepted by
Management.
218 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
RWA Disclosure for Market Risk Using Standardized Approach (MR1)
Bank Stand Alone
(in million Rupiah)
Beban Modal Pendekatan Standar
Risiko
Posisi Desember 2024
Risiko GIRR 11,290,23
Risiko CSR Non Sekuritisasi 6,020,28
Risiko CSR Sekuritisasi Non CTP -
Risiko CSR Sekuritisasi CTP -
Risiko Ekuitas -
Risiko Komoditas -
Risiko Nilai Tukar 23,314,75
DRC – Non Sekuritisasi -
DRC Sekutitisasi Non CTP -
DRC Sekuritisasi CTP -
RRAO -
Total 40,625,26
*) Catatan : Perhitungan beban modal dengan pendekatan standar (berdasarkan Surat Edaran OJK No. 23/SEOJK.03/2022) mulai berlaku sejak 1 Januari 2024
Additional Disclosure (Qualitative)
In accordance with SEOJK Number 23/SEOJK.03/2022 regarding the calculation of RWA for Market Risk for
Commercial Banks, the Bank uses the standard method approach in calculating RWA for Market Risk starting from
the reporting period of January 2024. The components of market risk capital charges include:
• Risk Class General Interest Rate Risk (GIRR)
• Non-securitized Credit Spread Risk (CSR) Risk Class
• Exchange Rate Risk Class
RWA Disclosure for Market Risk Using Standardized Approach (MR1)
Consolidated Bank with Subsidiaries
(in million Rupiah)
Beban Modal Pendekatan Standar
Risiko
Posisi Desember 2024
Risiko GIRR 11,290,23
Risiko CSR Non Sekuritisasi 6,020,28
Risiko CSR Sekuritisasi Non CTP -
Risiko CSR Sekuritisasi CTP -
Risiko Ekuitas -
Risiko Komoditas -
Risiko Nilai Tukar 23,314,75
DRC – Non Sekuritisasi -
DRC Sekutitisasi Non CTP -
DRC Sekuritisasi CTP -
RRAO -
Total 40,625,26
*) Catatan : Perhitungan beban modal dengan pendekatan standar (berdasarkan Surat Edaran OJK No. 23/SEOJK.03/2022) mulai berlaku sejak 1 Januari 2024
Additional disclosures (Qualitative)
As of the reporting period of December 2024, there are no transfers between regulatory books. Subsidiaries of the
Bank do not have Trading Book portfolio.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 219
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Risk Management
Simplified BA-CVA (CVA1) - Bank Stand Alone
(in million Rupiah)
ATMR
Komponen
BA-CVA
a b
Agregasi komponen sistematis risiko CVA 227,431.32
Agregasi komponen idiosyncratic risiko CVA 138,447.91
Total 1,342,645.38
Simplified BA-CVA (CVA1) - Consolidated Bank with Subsidiaries
(in million Rupiah)
ATMR
Komponen
BA-CVA
a b
Agregasi komponen sistematis risiko CVA 227,431.32
Agregasi komponen idiosyncratic risiko CVA 138,447.91
Total 1,342,645.38
Additional Disclosures (Qualitative)
In accordance with SEOJK Number 23/SEOJK.03/2022 regarding the calculation of RWA for Market Risk for
Commercial Banks, the Bank uses a simplified basic CVA approach (Basic Approach CVA - reduced version) in the
calculation of RWA CVA, the approach does not recognize hedging.
Market risk management is carried out by reporting the results of measuring and monitoring market risk limits that
have been set by ALCO on a daily basis. The Bank also routinely performs PV01 calculations and simulates projected
changes in Net Interest Income (NII) and Economic Value of Equity (EVE), which are reported in meetings held by the
ALCO committee and the Risk Management Committee (KMR).
Annually, or if there are additional features or products, the Bank validates the measurement results from the system
used. The current information system is able to facilitate the revaluation (mark to market) process, provide up-to-date
information on the Bank’s market risk exposure, and monitor the movement of the Bank’s market risk factors.
Internal Control System for Market Risk
Monitoring of Market Risk is carried out through the Asset Liabilities Committee (ALCO) and the Risk Management
Committee. The Internal Control System has been effective in supporting the implementation of Market Risk
Management. Internal Audit carries out regular audits on the adequacy of policies, procedures, and limits, as well as
the tolerance and compliance of each party related to the implementation of market risk management in accordance
with the Bank’s established audit plan.
Market Risk Management Organizational Structure
Risk Monitoring Committee
Risk Management Committee (RMC)
and/or Asset & Liabilities Committee (ALCO)
2nd line of defense
1st line of defense Risk Management Unit 3rd line of defense
Head of Working Unit (Market & Liquidity Risk Management/ Internal Audit Unit (SKAI)
MLRM)
220 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Disclosure of Interest Rate Risk in the Banking business strategy and hedging strategy that must be
Book implemented to return the IRRBB figure to the desired
Banking book exposure to the Bank’s assets and level.
liabilities is measured using sensitivity analysis based
on the interest rate repricing gap profile to calculate the Market and Liquidity Risk Management is responsible
impact of changes in interest rates on the Bank’s net for measuring and monitoring IRRBB periodically
profit using the Net Interest Income (NII) approach and to be reported to the Board of Directors and ALCO/
the impact of changes in interest rates on the Bank’s KMR. Meanwhile, the business and treasury units are
capital, or by using Economic Value of Equity (EVE) responsible for carrying out the business and hedging
approach. strategies that have been formulated.
Interest rate risk in the Banking Book Quantitative analysis of the IRRBB measurement results
Bank Name: PT Bank SMBC Indonesia Tbk (individual) for December 2024 can be seen that the Bank’s highest
Report Position: December 2024 EVE change occurred in the Parallel Shock Up scenario,
namely Rp2.33 trillion or 7.18% of CET1. Meanwhile,
Individual Qualitative Analysis from the perspective of NII changes, in the Parallel
IRRBB measurements are carried out using standard Shock Up scenario, Bank NII is projected to experience
methods in accordance with applicable regulations. a decline of Rp0.19 trillion or 8.32% from the Bank’s NII
In managing the IRRBB, the Bank has determined a projection in baseline conditions.
Risk Appetite, which is manifested in the form of an
internal buffer for the maximum EVE changes that IRRBB Calculation Report
must be maintained. If the IRRBB level approaches Bank Name : Bank SMBC Indonesia Tbk (individual)
or exceeds the buffer figure, ALCO will decide on the Report Position : December 2024
Currency : Total in Rupiah
Table of IRRBB Calculation Report
(in million Rupiah)
∆ EVE ∆ NII
December 2024 December 2023 December 2024 December 2023
Parallel up (2,329,208,31) (1,892,060,17) (187,966,88) 77,558,71
Parallel down 2,484,311,65 1,840,476,02 140,798,88 (132,556,17)
Steepener 228,641,25 558,565,46
Flattener (736,828,07) (984,681,32)
Short rate up (1,372,907,81) (1,269,211,06)
Short rate down 1,373,477,98 1,273,759,07
Absolute Negative Maximum Value 2,329,208,31 1,892,060,17 187,966,88 132,556,17
Tier 1 Capital (for Δ EVE) or Projected Income (for Δ NII) 32,425,450,04 30,989,831,98 2,258,829,42 2,981,729,07
Maximum amount divided by Tier 1 capital (for Δ EVE) or 7.18% 6.11% 8.32% 4.45%
Projected Income (for Δ NII)
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 221
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Risk Management
Interest rate risk in the Banking Book
Bank Name : PT Bank SMBC Indonesia Tbk (consolidated)
Report Position : December 2024
Consolidated Qualitative Analysis
Effective March 27, 2024, Bank SMBC Indonesia acquired PT. OTO Multiartha (OTO) and PT Summit Oto Finance
(SOF), thus SMBC Indonesia’s Subsidiary Companies currently consist of BTPNS as a banking company and OTO
and SOF as financing companies. In accordance with regulations, the Bank measures and monitors IRRBB on a
consolidated basis using the EVE (Economic Value of Equity) and NII (Net Interest Income) methods.
Quantitative analysis of the IRRBB measurement results for December 2024 can be seen that the Bank’s highest EVE
change occurred in the Parallel Shock Up scenario, namely Rp3.02 trillion or 6.87% of CET1. Meanwhile, from the
perspective of NII changes, in the Parallel Shock Down scenario, the Bank’s NII is projected to experience a decline of
Rp0.22 trillion or 2.87% from the Bank’s NII projection in the baseline condition.
IRRBB Calculation Report
Bank Name : PT Bank SMBC Indonesia Tbk (consolidated)
Report Position : December 2024
Currency : Total in Rupiah
IRRBB Calculation Report Table
(in million Rupiah)
∆ EVE ∆ NII
December 2024 December 2023 December 2024 December 2023
Parallel up (3,016,705 ) 189,554,84
Parallel down 3,229,904 (218,318,48)
Steepener 369,067
Flattener (1,028,532 )
Short rate up (1,910,310 )
Short rate down 1,933,839
Absolute Negative Maximum Value 3,016,705 218,318,48
Tier 1 Capital (for Δ EVE) or Projected Income (for Δ NII) 43,905,358 7,617,423,19
Maximum amount divided by Tier 1 capital (for Δ EVE) or 6.87% 2.87%
Projected Income (for Δ NII)
222 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
C. Liquidity Risk To implement policies and procedures and set
Liquidity risk is a risk that may arise due to the Bank’s limits on liquidity risk effectively, the Bank has also
inability to fulfill its maturing obligations using its cash clearly established a clear separation of duties,
flow and/or high-quality liquid assets that can be responsibilities, and authority between units responsible
pledged as collateral, without disrupting the Bank’s for managing liquidity risk, namely work units whose
activities and financial condition. work has exposed activities to liquidity risk. The
Risk Management Directorate provides independent
Liquidity risk is also related to optimizing the and objective input and analysis in the process of
balance sheet structure and structural risk regarding identifying, measuring, monitoring, and managing
dependence on certain funding sources. The Bank’s liquidity risk.
liquidity risk management strives to manage liquidity
risk from a short-term and structural perspective. The policies and procedures currently implemented also
regulate liquidity risk management during times of crisis,
In the short-term perspective, the Bank ensures starting with the activation of an emergency funding
adequate liquidity, which is monitored based on the plan (CFP) and its implementation until returning to
Liquidity Coverage Ratio (LCR) and other early warning normal conditions (business as usual/BAU).
indicators. In a long-term perspective, liquidity risk
is managed and monitored through the Net Stable Adequacy of Risk Identification, Measurement,
Funding Ratio (NSFR). Monitoring, and Control Processes, as well as
Risk Management Information Systems
Liquidity Risk Management Framework Liquidity risk identification is carried out on all sources,
The Bank uses the control framework as a clear and both in terms of new banking products and activities,
firm guideline regarding limits on risk-taking. The three as well as in terms of significant growth from certain
key components in the risk control framework are: funding sources and results, both in the form of asset
1. Policies and Procedures positions, liabilities, and administrative accounts.
Establish clear rules and standards for all Identification is also carried out whenever there is
business activities, controls, and operational and potential for increased risk, including interest rate risk,
organizational strategies at the Bank related to credit risk, operational risk, legal risk, and risk due to
liquidity risk management. new regulations from Bank Indonesia.
2. Exposure Limits The Bank measures and monitors liquidity risk
Provide clear boundaries related to liquidity risk. indicators to identify potential liquidity problems
Liquidity risk limits/tolerances are adjusted to through Early Warning Indicators (EWI), which monitor
relevant regulations, global policies, and local roll-over levels, funding concentration, Bank public
policies at the Bank. ratings, money market liquidity levels, and fulfillment of
regulatory ratio obligations. The Bank also structurally
3. Delegation of Risk Authority measures liquidity risk using ratios such as the liquid
Ensure that decision-making on major risks assets adequacy ratio and the Macroprudential
can only be carried out by certain individuals or Intermediation Ratio (RIM) as well as calculating outflow
work units who have received approval from the funds and conducting stress testing.
management committee at the Bank.
Internal policies stipulate that the Bank always complies
Adequacy of Policies, Procedures, and Limit with established rules or regulations, such as Minimum
Determination Statutory Reserves and Liquidity Coverage Ratio (LCR).
The Bank periodically reviews the adequacy of policies, The Bank has also implemented Net Stable Funding
procedures, and limits on liquidity risk and their Ratio (NSFR) regulations.
suitability to risk appetite. In addition, it is also in line
with business strategy and business growth, transaction
complexity, as well as economic and market conditions.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 223
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Risk Management
LCR report as of the end of quarter IV/2024:
Table of Report on Calculation of Obligations to Fulfill Liquidity Coverage Ratio
Individual
Report Date Position Report Date Position
(December 2024) (December 2023)
HQLA after haircut, HQLA after haircut,
No Components outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
1 Total data used in LCR calculation 63 Days 63 Days
HIGH QUALITY LIQUID ASSET (HQLA)
2 Total High Quality Liquid Asset (HQLA) 31,204,662 25,472,562
CASH OUTFLOW
3 Retail deposits and deposits from Micro and 29,096,321 2,180,567 28,324,260 2,418,719
Small Business customers, consist of:
a. Stable Deposit/Funding 14,581,293 729,065 8,274,145 413,707
b. Less stable deposit/funding 14,515,027 1,451,503 20,050,115 2,005,011
4 Wholesale Funding, consist of: 57,019,360 26,403,043 62,042,640 28,499,722
a. Operational deposit - - - -
b. Non operational deposit and/or Other Non 57,019,360 26,403,043 62,042,640 28,499,722
Operational liabilities
c. Marketable securities issued by bank - - - -
5 Secured funding - -
6 Other cash outflow (additional requirement), 154,587,913 4,907,485 132,744,281 5,464,957
consist of:
a. cash outflow from derivative transaction 1,232,331 1,232,331 1,632,859 1,632,859
b. cash outflow from additional liquidity - - - -
requirement
c. cash outflow from liquidation of funding - - - -
d. cash outflow from disbursement of loan 17,705,474 2,441,948 16,965,852 2,939,105
commitment and liquidity facilities
e. cash outflow from other contractual - - - -
liabilities related to placement of funds
f. cash outflow from other funding related to 134,862,772 445,870 113,553,396 300,819
contingency liabilities
g. other contractual cash outlow 787,336 787,336 592,173 592,173
7 TOTAL CASH OUTFLOW 33,491,095 36,383,398
CASH INFLOW
8 Secured lending - - - -
9 Claims to counterparty 29,575,188 17,745,860 34,230,590 19,951,378
10 Other Cash Inflow 2,076,346 1,656,809 2,536,599 2,087,164
11 TOTAL CASH INFLOW 31,651,534 19,402,670 36,767,189 22,038,542
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
12 TOTAL HQLA 31,204,662 25,472,562
13 TOTAL NET CASH OUTFLOWS 14,088,426 14,344,856
14 LCR (%) 221.49% 177.57%
Note:
Adjusted value is calculated after haircut, run-off rate, inflow rate, and HQLA components maximum limit, for example, the maximum limit of HQLA is Level 2B and
HQLA is Level 2, and the determined maximum limit of cash inflow that can be calculated in LCR.
224 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Consolidated
Report Date Position Report Date Position
(December 2024) (December 2023)
HQLA after haircut, HQLA after haircut,
outstanding outstanding
Outstanding commitment and Outstanding commitment and
commitment and liabilities times commitment and liabilities times
liabilities/contractual run-off rate or liabilities/contractual run-off rate or
receivables contractual receivables contractual
receivables times receivables times
inflow rate inflow rate
63 Days 63 Days
40,228,849 34,015,087
35,195,724 2,616,211 34,596,917 2,862,204
18,067,233 903,362 11,949,750 597,487
17,128,491 1,712,849 22,647,167 2,264,717
61,362,475 29,635,342 66,000,909 31,071,902
- - - -
61,356,372 29,629,239 66,000,909 31,071,902
6,103 6,103 - -
- -
155,036,522 5,356,095 132,744,281 5,464,957
1,680,940 1,680,940 1,632,859 1,632,859
- - - -
- - - -
17,705,474 2,441,948 16,965,852 2,939,105
- - - -
134,862,772 445,870 113,553,396 300,819
787,336 787,336 592,173 592,173
37,607,647 39,399,063
- - - -
32,774,275 19,716,210 34,586,956 20,277,037
2,454,465 2,034,929 2,536,599 2,087,164
35,228,741 21,751,139 37,123,555 22,364,200
TOTAL ADJUSTED TOTAL ADJUSTED
VALUE1 VALUE1
40,228,849 34,015,087
15,856,508 17,034,863
253.71% 199.68%
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 225
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Risk Management
Analysis of Calculation of Obligations to Fulfill All Bank HQLA is Level 1 HQLA in the form of cash and
Liquidity Coverage Ratio cash equivalents, placements with Bank Indonesia, and
securities issued by the Government of the Republic of
Individual Analysis Indonesia or Bank Indonesia.
The individual Bank’s Liquidity Coverage Ratio (LCR)
at the end of quarter IV/2024 was 221.49%, an Consolidated Analysis
increase of 43.92% compared to 177.57% at the end The consolidated LCR of the Bank with subsidiaries at
of quarter IV/2023. The increase in LCR was caused by the end of quarter IV/2024 was 253.71%, an increase
an increase in the average value of high-quality liquid of 54.03% compared to the end of quarter IV/2023
assets (HQLA) of Rp5.73 trillion and a decrease in the of 199.68%. The increase in LCR was caused by
average value of net cash outflows of Rp0.26 trillion. an increase in the average value of HQLA of Rp6.21
trillion and a decrease in the average value of net cash
The average value of cash outflows decreased by outflows of Rp1.18 trillion.
Rp2.89 trillion, while the average value of cash inflows
also decreased by Rp2.63 trillion. The decrease in The average value of cash outflows on a consolidated
projected cash outflows mainly comes from corporate basis decreased by Rp1.79 trillion, while the average
customers and other cash outflows, while the decrease value of cash inflows on a consolidated basis also
in projected cash inflows mainly comes from claims to decreased by Rp0.61 trillion. The decrease in projected
counterparties, and derivative transactions. cash outflows mainly comes from corporate customers,
while the decrease in projected cash inflows mainly
comes from claims from counterparties.
Both the Bank and its subsidiaries always comply with
LCR provisions to ensure liquidity resilience.
Bank Name : PT Bank SMBC Indonesia Tbk (individual)
Report Position : December 31, 2024
Table of Individual Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2024)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
ASF Component
1 Capital: 43,562,483 - - 3,219,000 46,781,483
2 Regulatory Capital as per POJK CAR 43,562,483 - - 3,219,000 46,781,483
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 17,556,185 21,649,124 1,133,969 21,466 37,192,528
business customers:
5 Stable Deposits 13,559,954 3,639,764 114,506 5,021 16,453,533
6 Less Stable Deposits 3,996,232 18,009,360 1,019,463 16,445 20,738,995
7 Wholesale Funding: 24,939,838 47,007,642 1,667,559 36,247,419 57,383,710
8 Operational deposits - - - - -
9 Other wholesale funding 24,939,838 47,007,642 1,667,559 36,247,419 57,383,710
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 4,192,840 3,938,368 320,239 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 4,192,840 3,938,368 320,239 - -
categories
14 Total ASF 141,357,721
226 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Position of Report
(December 2023)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
35,038,871 - - 2,976,753 38,015,624
35,038,871 - - 2,976,753 38,015,624
- - - - -
14,863,949 18,788,246 1,197,150 22,292 32,173,250
11,546,222 4,072,652 112,043 10,134 14,954,505
3,317,728 14,715,594 1,085,108 12,158 17,218,745
26,211,600 45,977,465 5,167,282 26,051,285 44,493,415
- - - - -
26,211,600 45,977,465 5,167,282 26,051,285 44,493,415
- - - - -
3,950,401 3,385,827 5,019 - -
- - -
3,950,401 3,385,827 5,019 - -
114,682,289
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 227
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Risk Management
Position of Report
(December 2024)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
RSF Component
15 Total NSFR HQLA 155,912
16 Deposits held at other financial institutions for operational 677,345 - - - 338,672
purposes
17 Performing loans and securities - 69,084,581 15,328,642 75,265,524 95,796,505
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by - 12,109,774 1,658,075 11,315,918 13,961,421
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small - 55,253,716 13,570,654 61,930,728 79,799,586
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 160,000 - 2,018,878 1,392,271
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 1,092,903 99,913 - 596,408
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 4,754,588 2,945,013 58,410 12,932,663 18,334,851
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 96,555 - - 96,555
30 NSFR derivative liabilities before deduction of variation 264,179 - - 264,179
margin posted
31 All other assets not included in the above categories 4,754,588 2,584,278 58,410 12,932,663 17,974,116
32 Off-balance sheet items 9,066,105 23,088,183 114,903,824 1,021,375
33 Total RSF 115,647,316
34 Net Stable Funding Ratio (%) 122.23%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
228 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Position of Report
(December 2023)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
373,074
986,169 - - - 493,085
- 59,077,657 12,801,728 69,205,665 92,946,676
- - - - -
- 8,605,850 2,614,163 10,478,776 13,076,735
- 46,800,963 10,187,565 56,838,889 76,807,320
- 2,585,000 - 1,888,000 2,519,700
- - - - -
- - - - -
- 1,085,844 - - 542,922
- - - - -
6,464,444 2,488,787 51,572 5,826,453 12,768,896
- -
- - - -
61,045 - - 61,045
214,421 - - 214,421
6,464,444 2,213,321 51,572 5,826,453 12,493,430
14,976,909 47,728,850 59,250,506 837,928
107,419,659
106.76%
Individual NSFR Analysis composition of ASF based on the remaining term
came from funding without a term of 42.47%, tenor < 6
Individual Analysis (Audited) months of 28.27%, and tenor of ≥ 1 year of 27.93% of
The Bank’s Net Stable Funding Ratio (NSFR) as an the total ASF.
individual at the end of quarter IV/2024 was 122.23%,
an increase of 15.47% compared to 106.76% at the The largest portion of RSF is in the form of loans in
end of quarter IV/2023. The increase in NSFR was the current and special attention category (performing)
caused by an increase in Available Stable Funds (ASF) amounting to 82.84% and other assets amounting to
of Rp26.67 trillion and an increase in Required Stable 15.85% of the total RSF. Meanwhile, the composition of
Funds (RSF) of Rp8.23 trillion. the RSF based on the largest remaining term consists
of assets with a tenor of ≥ 1-year amounting to 68.28%
The largest portion of ASF is in the form of funding and assets with a tenor of < 6 months amounting to
originating from corporate customers amounting to 21.72% of the total RSF.
40.59%, capital amounting to 33.09%, and savings
originating from individual customers amounting The Bank always monitors and maintains compliance
to 26.31% of the total ASF. Meanwhile, the largest with the NSFR and includes aspects of funding sources
and tenors in determining the Bank’s funding strategy
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 229
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Risk Management
Bank Name : PT Bank SMBC Indonesia Tbk (consolidated)
Report Position : December 31, 2024
Table of Consolidated Net Stable Funding Ratio (NSFR) Disclosure
Position of Report
(December 2024)
No Component Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
ASF Component
1 Capital: 60,568,668 - - 3,219,000 63,787,668
2 Regulatory Capital as per POJK CAR 60,568,668 - - 3,219,000 63,787,668
3 Other capital instruments - - - - -
4 Retail deposits and deposits from micro and small 20,215,828 25,773,786 1,159,240 21,490 43,557,202
business customers:
5 Stable Deposits 16,078,086 5,830,519 126,276 5,044 20,938,181
6 Less Stable Deposits 4,137,742 19,943,268 1,032,963 16,445 22,619,021
7 Wholesale Funding: 25,381,868 55,246,026 4,570,484 49,255,743 72,988,080
8 Operational deposits - - - - -
9 Other wholesale funding 25,381,868 55,246,026 4,570,484 49,255,743 72,988,080
10 Liabilities with matching interdependent assets - - - - -
11 Other liabilities and equity: 4,822,099 3,938,368 320,239 - -
12 NSFR derivative liabilities - - -
13 All other liabilities and equity not included in the above 4,822,099 - - - -
categories
14 Total ASF 180,332,951
RSF Component
15 Total NSFR HQLA 402,577
16 Deposits held at other financial institutions for operational 1,013,936 - - - 506,968
purposes
17 Performing loans and securities - 80,609,839 26,927,617 92,637,067 120,423,818
18 to financial institutions secured by Level 1 HQLA - - - - -
19 to financial institutions secured by - 13,638,639 1,728,075 11,315,918 14,225,751
non-Level 1 HQLA and unsecured performing loans to
financial institutions
20 to non- financial corporate clients, retail and small - 64,289,679 24,829,629 79,005,256 103,286,644
business customers, government of Indonesia, other
sovereigns, Bank Indonesia, other central banks and
pubic service entities, of which:
21 meet the criteria for risk weight of less than or equal - 160,000 - 2,018,878 1,392,271
to 35% under OJK circular letter regarding credit
risk RWA
22 Unpledged residential mortgages, of which: - - - - -
23 meet the criteria for risk weight of less than or equal - - - - -
to 35% under OJK circular letter regarding credit
risk RWA
24 Securities that are unpledged, not in default and do not - 2,053,334 369,913 297,015 1,472,333
qualify as HQLA, including exchange-traded equities
25 Assets with matching interdependent liabilities - - - - -
26 Other assets: 4,754,588 3,459,512 397,703 15,634,693 21,890,674
27 Physical traded commodities, including gold - -
28 Cash, securities and other assets posted as initial - - - -
margin for derivative contracts or contributions to
default funds of central counterparty (CCPs)
29 NSFR derivative assets 189,541 - - 299,088
30 NSFR derivative liabilities before deduction of variation 332,916 - - 289,547
margin posted
31 All other assets not included in the above categories 4,754,588 2,937,055 397,703 15,634,693 21,368,218
32 Off-balance sheet items 9,066,105 23,088,183 114,903,824 1,021,375
33 Total RSF 144,245,411
34 Net Stable Funding Ratio (%) 125.02%
¹ Components that shall be reported under termless category are components that do not have a contractual period, including:
Perpetual capital instruments, short position, open maturity position, current accounts, and equities that do not fall under HQLA and commodity categories.
230 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Position of Report
(December 2023)
Carrying Value By Residual Maturity Total
No Specified ≥6 Months-<1 Weighted
<6 Months ≥1 Year Value
Maturity¹ Year
43,866,014 - - 2,976,753 46,842,767
43,866,014 - - 2,976,753 46,842,767
- - - - -
17,592,085 23,491,113 1,202,637 22,292 39,114,023
14,110,421 6,461,630 117,529 10,134 19,665,235
3,481,663 17,029,484 1,085,108 12,158 19,448,788
26,594,842 50,299,978 5,167,282 26,051,285 45,650,072
- - - - -
26,594,842 50,299,978 5,167,282 26,051,285 45,650,072
- - - - -
4,302,310 3,385,827 5,019 - -
- - -
4,302,310 - - - -
131,606,862
546,690
993,288 - - - 496,644
- 65,146,726 19,255,635 72,637,899 100,302,427
- - - - -
- 8,854,220 2,618,823 10,483,218 13,120,762
- 51,766,480 16,618,812 60,026,447 83,466,243
- 2,585,000 - 1,888,000 2,519,700
- - - - -
- - - - -
- 1,941,027 18,000 240,234 1,195,722
- - - - -
6,464,444 2,488,787 51,572 6,532,559 13,475,003
- -
- - - -
61,045 - - 299,088
214,421 - - 289,547
6,464,444 2,213,321 51,572 6,532,559 13,199,537
14,976,909 47,728,850 59,250,506 837,928
115,658,692
113.79%
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 231
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Risk Management
Consolidated NSFR Analysis The Bank also regularly reports on the condition and
development of liquidity key risk indicators in ALCO
Consolidated Analysis (Audited) Committee and Risk Management Committee (KMR)
The Bank’s consolidated NSFR as of the end of meetings.
quarter IV/2024 was 125.02%, an increase of 11.23%
compared to the end of quarter IV/2023, which was The Risk Management Directorate, through the Market
113.79%. The increase in NSFR was caused by an and Liquidity Risk Management Unit, monitors liquidity
increase in ASF of Rp48.73 trillion, while RFS increased risk indicators, funding sources, results, and liquidity
by Rp28.59 trillion. position. This includes interest rate-setting strategies
and changes in customer behavior, including changes in
The largest portion of ASF comes from corporate the structure and volatility of funding sources.
customers, amounting to 40.47%, funding originating
from capital amounting to 35.37%, and savings For each exceedance or certain risk event, SKMR
originating from individual customers and micro and communicates and requests follow-up from the relevant
small business customers amounting to 24.15%. business unit, including forwarding the problem to
Meanwhile, the largest composition of ASF based on higher management. The information system currently
the remaining term came from funding without a term of used can provide information about liquidity conditions
44.12%, a tenor of ≥ 1 year of 29.11%, and a tenor of on a daily basis for the process of measuring,
<6 months of 24.92% of the total ASF. monitoring, and controlling liquidity risk.
The largest portion of RSF is in the form of loans in Internal Control System for Liquidity Risk
the current and special attention category (performing) Monitoring of liquidity risk is carried out by ALCO
amounting to 83.49% and other assets amounting and the Risk Management Committee. Liquidity
to 15.18% of the total RSF. Meanwhile, the RSF risk management is also carried out by preparing a
composition based on the largest remaining term is contingency funding plan in anticipation of poor liquidity
assets with a tenor of ≥ 1-year amounting to 66.95% conditions.
and a tenor < 6 months amounting to 20.82% of the
total RSF. The Internal Control System has effectively supported
the implementation of Liquidity Risk Management.
Both the Bank and its subsidiaries always monitor Internal Audit has also carried out regular audits on
and maintain compliance with the NSFR and include the adequacy of applicable policies, procedures,
aspects of funding sources and tenors in determining transaction limits, and tolerances, as well as compliance
the Bank’s funding strategy. from each related party in accordance with those
stipulated in the Bank’s audit plan.
Liquidity risk management is carried out by reporting
the results of monitoring of Early Warning Indicators and
Liquidity Risk Limits on a daily basis.
Risk Monitoring Committee
Risk Management Committee (RMC)
and/or Asset & Liabilities Committee (ALCO)
2nd line of defense
1st line of defense Risk Management Unit 3rd line of defense
Head of Work Unit (Market & Liquidity Risk Management/ Internal Audit Unit (SKAI)
MLRM)
232 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Policies in the Field of Funding Strategy Adequacy of Policies, Procedures, and Limit
In anticipating potential liquidity pressures that may Determination
occur, the Bank and Subsidiaries have prepared The OFRM work unit is responsible for creating and
adequate funding strategies and liquidity reserves. This developing operational risk management policies and
policy is adjusted to operational needs and liquidity procedures, BCM (Business Continuity Management),
profiles so that it always meets relevant regulations. ICR (Internal Control & Risk) Function, and Anti-Fraud
Strategy, Insurance Management Policy,
SMBC Indonesia Rupiah and Foreign Currency Third Party Risk Management Policy and Conduct
Contractual Maturity Profile Risk Management Policy, which will then be reviewed
The maturity profile is projected over the remaining periodically, considering any significant changes,
term based on the contractual dates of specific assets whether internally or externally. Each work unit is
and liabilities. Historically, the majority of deposits obliged to be guided by the policies and procedures
are rolled over at maturity, which is influenced by created by the OFRM Work Unit in carrying out its daily
customer behavior and the level of trust in the Bank business and operational activities.
and Subsidiaries. To manage liquidity risk in these
conditions, the Bank and Subsidiaries determine The Bank also has control systems and methods to
appropriate strategies and the amount of cash and carry out every business and operational activity, such
liquid assets that need to be owned, which can be as dual control, separation of duties, determination
liquidated or used as collateral if there is an urgent need of limits and authority, implementation of mandatory
for liquidity. annual leave, reconciliation processes, and others.
Liquidity Risk Measurement and Control and Adequacy of Operational Risk Management
Stress Testing Process
The Bank measures and monitors liquidity risk The operational risk management process, which
indicators to identify potential liquidity problems includes identifying, measuring, monitoring, and
through Early Warning Indicators (EWI), which monitor controlling risks, runs in a structured and consistent
roll-over levels, funding concentration, Bank public manner. The Bank’s Operational Risk Management
ratings, money market liquidity levels, and fulfillment of process is implemented based on effective best
regulatory ratio obligations. The Bank also structurally practices.
measures liquidity risk using the AL and RIM adequacy
ratios as well as calculating outflow funds and The stages of the operational risk management process,
conducting stress testing. which include identification, measurement, monitoring,
and control of operational risks, are as follows:
D. Operational Risk 1. Operational risk identification stages include
Operational risk is defined as the risk resulting from the preparation of Process Risk Control (PRC),
inadequate or non-functioning internal processes, Risk Grading Matrix (RGM), operational risk
human error, system failure, or external events that and fraud studies carried out on all processes,
affect the Bank’s operational activities. products, services, systems, initiatives, and new
organizational structures or changes thereto, and
Operational Risk Management Governance the determination of parameters Key Risk Indicator
The Board of Commissioners and the Board of (KRI) and Risk Acceptance (RA) reporting.
Directors carry out active supervision of operational risk 2. Stages of the operational risk measurement
management through the Risk Monitoring Committee process include analysis of operational risk events
and Risk Management Committee. Monitoring is carried and losses, regular self-assessment activities
out periodically according to the respective terms of through Key Control Self Assessment (KCSA),
reference to discuss operational risks. implementation of Control & Risk (ICR) activities,
determination of KRI thresholds, and determination
The Division-level Operational & Fraud Risk of Non-Financial Risk (NFR) Appetite, which is
Management (OFRM) Work Unit within the Risk reported periodically at the Risk Management
Management Directorate is responsible for Committee (KMR) meetings.
implementing Operational and Fraud Risk Management 3. Operational risk monitoring stages are carried out
in the Bank with the Division Head reporting directly to through internal reporting to senior management
the Head of Risk Management. and to external regulators and other related parties,
either routinely or ad hoc. This stage also regulates
the process of reporting events with significant
categories through SINP (Significant Incident
Notification Protocol).
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 233
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Risk Management
4. Operational risk control stages include the Assessment) work tool. Availability of meeting forums
availability of policies and procedures in carrying held by the OFRM work unit to continuously provide
out all processes and activities, completion understanding and training for the implementation of the
of effective follow-up on every risk event or internal control system in all work units.
operational risk problem, availability of adequate
insurance programs to minimize the impact of Bank Fraud Risk Management
losses, availability of frameworks and tools for The Bank applies zero tolerance to every incident
implementing Comprehensive Business Continuity of fraud. The Bank always follows up on every fraud
Management (BCM), and the availability of meeting incident, including providing sanctions to employees
forums and training needed to implement the who commit or are involved in fraud incidents in
Bank’s operational risk management. accordance with applicable regulations, including
reporting to the authorities (if necessary).
Provision of the Internal Control & Risk System (ICRS)
application as a database in the implementation of The Bank has adequate anti-fraud strategy policies
operational and fraud risk management is also expected and procedures that are continually being refined.
to be able to present information needs accurately, Fraud risk management is carried out systematically
timely, and up-to-date to facilitate analysis and through a number of processes and strategies. In
decision-making. relation to the fraud risk prevention process, the Bank
has implemented an anti-fraud awareness program
The calculation of the Capital Adequacy Ratio (CAR) for all employees and signed an integrity pact and
for operational risks carried out by the Bank uses a code of ethics carried out by the Board of Directors,
standard approach, the process and reporting of which Board of Commissioners, and all Bank employees.
refer to regulatory provisions. Adjustments to anti-fraud strategy management policies
and procedures are carried out periodically so that
The Bank and Subsidiaries have comprehensive they remain in line with current conditions. In addition,
business continuity management guidelines that refer a fraud risk review is carried out for every product,
to the ISO 22301 industry standard, with the aim of service, process, system, and initiative, both new and
anticipating potential operational risks that can occur developed.
from extreme/critical situations, whether caused
by natural disasters such as floods, earthquakes, Anti-fraud awareness socialization to internal parties
and volcanic eruptions or other factors such as is carried out through several media, namely through
demonstrations, fires, disruption of the electricity e-newsletter broadcast, email broadcast, PC/laptop
supply system, pandemics, and unfavorable business desktop wallpaper, SMBC Indonesia Info, showing anti-
situations. This is to ensure continuity of service to fraud animated videos, mandatory anti-fraud e-learning,
customers. in-class and virtual training for employees.
Internal Control System for Operational Risk The Bank also provides various socialization to
Internal control over operational risks is carried out increase fraud awareness to third parties, both
through the implementation of the 3 (three) lines of customers and vendors who collaborate with the Bank,
defense model. In the first line of defense, the Risk including conducting virtual training on anti-fraud
Taking Unit (RTU) is assisted by Business Risk/ICR in and Entertainment & Gifts to vendors on a regular
carrying out daily operational risk management. In the basis to help the Bank in maintaining good corporate
second line of defense, the OFRM work unit is tasked governance.
with supervising the implementation of operational and
fraud risk management processes in accordance with In line with the applicable anti-fraud strategy, the Bank
established policies. also continues to socialize fraud reporting through
the whistleblowing channel as one of the mediums
In the third line of defense, Internal Audit independently for detecting fraud incidents, which is regularly
examines and evaluates governance and the communicated to all employees through various internal
effectiveness of operational risk and fraud management. Bank media. Employees can reveal and report any
The implementation of the duties and responsibilities of violations (misconduct) via e-mail channels (Ayo Lapor),
the parties involved in the Bank’s internal control system WhatsApp, telephone, letters, or face-to-face meetings.
is carried out on an ongoing basis, and the results will
be assessed through the ICR MSA (Maturity Self-
234 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
The Bank has adequate procedure regarding the process of investigating and reporting fraud incidents. For each
proven case of fraud, the sanctioning process is decided by the Fraud Committee and involves the relevant work
units, related Business Risk/ICR (Internal Control Risk), Human Resources work units, and OFRM (Operational and
Fraud Risk Management). The implementation of the Fraud Committee’s decisions is monitored and evaluated
periodically to determine future improvement efforts.
Risk Exposure Publication Report - Operational
Table of Quantitative Operational Risk Disclosures
Bank Stand Alone
(in million Rupiah)
31 December 2024 31 December 2023
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 ATMR (average 3 ATMR
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Standard Approach 839,321 839,321 10,491,516 818,034 818,034 10,225,432
Total 839,321 839,321 10,491,516 818,034 818,034 10,225,432
Table of Quantitative Operational Risk Disclosures
Consolidated Bank with Subsidiaries
(in million Rupiah)
31 December 2024 31 December 2023
No Approach Used Gross Income Gross Income
Capital Capital
(average 3 ATMR (average 3 ATMR
Charge Charge
years) years)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Standard Approach 858,358 858,358 10,729,480 840,067 840,067 10,500,841
Total 858,358 858,358 10,729,480 840,067 840,067 10,500,841
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 235
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Risk Management
Historical Loss Data Report
Bank Stand Alone
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 8,492.47 0,00 8,203.62 5,590.70 18,623.13 17,250.26 3,000.33 14,075.17 6,229.68 22,621.06 10,408.64
after calculating the
recovery value (without
exception)
2 Total occurrence of 9.00 0.00 9.00 7.00 13.00 4.00 7.00 9.00 5.00 17.00 8.00
operational risk loss
3 Total excluded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
operational risk loss
4 Total occurrence of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
excluded operational
risk loss
5 Total net operating 8,492.47 0.00 8,203.62 5,590.70 18,623.13 17,250.26 3,000.33 14,075.17 6,229.68 22,621.06 10,408.64
loss after calculating
the recovery value and
excluded operational
risk losses
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No)
13 Threshold used in 300,000,000.00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
236 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Risk Management
Historical Loss Data Report
Consolidated Bank with Subsidiaries
Business Indicator
Average
No (BI) and T T-1 T-2 T-3 T-4 T-5 T-6 T-7 T-8 T-9
10 Years
component BI
Minimum limit of an operational loss event of Rp300,000,000.00 (three hundred million Rupiahs) or more
1 Total net operating loss 8,492.47 0.00 8,203.62 6,407.70 22,066.13 17,879.26 3,000.33 14,075.17 6,450.68 22,621.06 10,919.64
after calculating the
recovery value (without
exception)
2 Total occurrence of 9.00 0.00 9.00 9.00 17.00 5.00 7.00 9.00 6.00 17.00 8.80
operational risk loss
3 Total excluded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
operational risk loss
4 Total occurrence of 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
excluded operational
risk loss
5 Total net operating 8,492.47 0.00 8,203.62 6,407.70 22,066.13 17,879.26 3,000.33 14,075.17 6,450.68 22,621.06 10,919.64
loss after calculating
the recovery value and
excluded operational
risk losses
Minimum limit of an operational loss event of Rp1,500,000,000.00 (one billion Rupiahs) or more
6 Total net operating loss
after calculating the
recovery value (without
exception)
7 Total occurrence of
operational risk loss
8 Total excluded
operational risk loss
9 Total occurrence of
excluded operational
risk loss
10 Total net operating
loss after calculating
the recovery value and
excluded operational
risk losses
Details of capital calculation for operational risks
11 Are losses used in Y
calculating the Internal
Loss Multiplier (ILM)?
(Yes/No)
12 If line 11 answer is
‘No’, is the internal loss
data not use because
of a discrepancy of the
minimum standards for
loss data? (Yes/No)
13 Threshold used in 300,000,000.00
calculating capital for
operational risks (in
Rupiah full amount)
14 Other information
(if any
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 237
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Risk Management
Detailed Business Indicator Report - Bank Stand Alone
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,505,489.73
2 Interest Income 17,122,073.13 15,927,827.24 16,267,158.41
3 Interest Expense 11,207,456.01 10,116,921.64 10,232,246.30
4 Earning Assets 185,134,522.26 192,461,754.90 178,257,181.26
5 Dividend Income 498,815.29 332,993.33 177,957.76
6 Services Components 1,571,746.51
7 Fees and Commission Income 822,113.37 801,571.39 797,385.36
8 Fees and Commission Expenses 104,654.94 59,689.33 44,592.60
9 Other Operating Income 196,649.52 897,094.93 1,200,424.96
10 Other Operating Expenses 349,171.18 306,305.13 378,744.76
11 Financial Components (KK) 917,106.80
12 Net Profit Loss Trading Book -228,961.29 218,426.41 66,288.85
13 Net Profit Loss Banking Book 938,739.70 598,865.23 700,038.92
14 Business Indicator (BI) 6,994,343.04
15 Business Indicator Components (KIB) 839,321.16
16 Business Indicator Disclosure
17 Total BI including divested activities 6,994,343.04
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
Detailed Report on Business Indicators - Consolidated Bank with Subsidiaries
No Business Indicator (BI) and component BI T T-1 T-2
1 Interest, Rent and Dividend Components 4,614,000.57
2 Interest Income 22,870,417.41 21,305,383.60 16,640,341.11
3 Interest Expense 11,883,885.98 10,643,253.80 6,489,976.78
4 Earning Assets 206,492,383.25 212,910,543.69 195,796,975.12
5 Dividend Income 0.72 0.90 2.29
6 Services Components 1,620,603.55
7 Fees and Commission Income 823,452.99 802,922.56 797,996.35
8 Fees and Commission Expenses 104,697.63 59,692.83 44,592.60
9 Other Operating Income 256,995.50 957,952.08 1,222,491.17
10 Other Operating Expenses 390,740.04 372,568.33 409,102.51
11 Financial Components (KK) 918,382.80
12 Net Profit Loss Trading Book -228,961.29 218,426.41 66,288.85
13 Net Profit Loss Banking Book 938,739.70 602,693.23 700,038.92
14 Business Indicator (BI) 7,152,986.92
15 Business Indicator Components (KIB) 858,358.43
16 Business Indicator Disclosure
17 Total BI including divested activities 7,152,986.92
18 BI reduction due to the exclusion of divested activities 0.00
19 Additional information
Operational Risk RWA Calculation Report using the standard
Bank Stand Alone
No Details T
1 Business Indicator Components (BIC) 839,321.16
2 Internal Loss Multiplier Factor (ILM) 1.00
3 Operational Risk Minimum Capital (ROC) 839,321.16
4 RWA for Operational Risks 10,491,514.50
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Risk Management
Operational Risk RWA Calculation Report using the standard approach
Consolidated Bank with Subsidiaries
No Details T
1 Business Indicator Components (BIC) 858,358.43
2 Internal Loss Multiplier Factor (ILM) 1.00
3 Operational Risk Minimum Capital (ROC) 858,358.43
4 RWA for Operational Risks 10,729,480.38
The Risk Management Implementation Report CSRM work unit also reviews the adequacy of IT-related
for Operational Risk can be seen on page 396 in policies and procedures to ensure the conformity of the
accordance with SEOJK Number 6/SEOJK.03/2020 provisions contained in these policies and procedures
concerning the Calculation of Risk-Weighted Assets with the risk management implementation process that
for Operational Risk Using the Standard Approach for applies at the Bank.
Commercial Banks.
1. Operational Risk Management Implementation Each work unit is required to be guided by policies
Report (Individual) and procedures related to cyber security as well as IT-
2. Operational Risk Management Implementation related policies and procedures in carrying out its daily
Report (Consolidated) operational activities.
Information Technology and Cyber Security Risks The IT and Cyber Security risk management process
Risks of using Information Technology (IT) and risks includes identifying, measuring, monitoring, and
related to Cyber Security may occur as a result of controlling risks that run in a structured and consistent
IT failures or cyber attacks. The Bank’s IT use risk manner. The stages of the IT risk management
management process and Cyber Security risks process include the implementation of identification,
(including Information Security risk management) are measurement, monitoring, and control processes for IT
coordinated and managed by the Cyber Security Risk risks, including:
Management (CSRM) unit, which has a direct reporting 1. Identification of IT Operational Risks carried
line to the Head of Risk Management. out on IT processes/products/services through
implementing the process of determining the level
In addition, there is active supervision of the risks of of IT operational risk, risk registration, carrying
IT use and cyber security carried out by the Board of out Risk Studies and so on. This risk identification
Commissioners and the Board of Directors at every process is also equipped with the application of risk
stage of use, management of IT resources, and Bank management tools such as asset registers, Risk
Sensitive Information. The process is carried out Grading Matrix (RGM), Process Risk Control (PRC),
through regular updates and reports submitted by the Key Risk Indicators (KRI), Operational Risk Review
CSRM team regarding the current conditions of risks in (KRO), and Risk Acceptance.
the use of IT and the Bank’s cyber security. 2. IT Operational Risk Measurement includes
implementing IT Operational risk measurements
Currently, the Bank also has an IT Use Policy and has by considering risk rankings, measuring
released a Cyber Security Risk Management Policy in performance and capacity planning for systems
2023, which contains the framework and standards for and infrastructure, measuring information security
implementing the Bank’s cyber security. In addition, risks using predetermined criteria and rankings,
the Bank has also formulated and determined the risk and carrying out measurements of any losses that
profile and level related to IT management, while the risk occur (loss events). The implementation of the IT
profile and level related to the Bank’s cyber security has Operational Risk measurement process is carried
been formulated and determined in 2024. Monitoring out by utilizing risk management tools such as Key
of the risk profile and level is carried out through risk Control Self-Assessment (KCSA), inspection by
management tools such as Risk Appetite and KRI. Internal Control & Risk (ICR), KRI, and Operational
Risk Appetite (ORA) measurements, which are
The CSRM work unit is responsible for creating, reported to the Risk Management Committee
developing, and implementing reviews and updates Meeting (KMR).
of cyber security risk management policies and 3. IT Operational Risk Monitoring is carried
procedures, the implementation of which is carried out through monitoring follow-up plans for
out through periodic reviews, so that any necessary improvements, clarity of accountability and
changes can be included in the policy. In addition, the responsibility, as well as periodic reporting
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Risk Management
carried out by utilizing work tools such as a risk management. In the second line of defense, the CSRM
management system (Internal Control & Risk work unit is tasked with supervising the implementation
System (ICRS)) as well as through incident reporting of the risk management process in accordance with
by significant category through SINP (Significant established policies. In the third line of defense, Internal
Incident Notification Protocol). Audit is independently responsible for ensuring that the
4. IT Risk Control, including the implementation remaining risks (residual risks) are still within limits that
of evaluation and testing of the DRP (Disaster can be tolerated by the Bank.
Recovery Plan), implementation of the IT Internal
Audit function by Internal Audit and external Alignment of work between the parties responsible for
auditors as needed, implementation of quality the Bank’s internal control practices is carried out on
assurance and self-assessment processes on an ongoing basis through standardized ICR maturity
an ongoing basis, and submission of reporting self-assessment and forums organized by the CSRM
obligations on time and accurate to the OJK, work unit to facilitate the Internal Control & Risk
guided by the latest regulations. function as well as through the implementation of the
Bank’s inherent risk assessment and also the level of
Meanwhile, the stages of the Cyber Security risk cyber security risk maturity related to the Bank’s cyber
management process include the implementation of security risk management.
the Identification, Protection, Detection, Response
and Reporting, as well as Recovery processes, the E. Legal Risk
implementation of which can be carried out through Legal risk is a risk that occurs due to lawsuits and/or
determination and implementation as well as regular weaknesses in juridical aspects. The management aims
reviews of the Bank’s cyber security risk management at ensuring that the legal risk management process
framework, policies, and strategies in accordance can minimize the possibilities of negative impact from
with applicable regulations and the Bank’s business judicial weakness, absence, and/or changes in the laws
needs, and the implementation of the measurement and and regulations, as well as in the litigation process.
assessment process of the level of inherent risk related
to cyber security. In addition, the Bank also implements Legal Risk Management Framework
cyber security maturity assessments and the level of The Legal and Litigation Division reports directly to the
bank risk related to cyber security on a regular basis, Compliance Director, as an independent Director, As
as well as reporting the results of implementing cyber such, it does not oversee business & operating units,
security risk management and cyber security incidents treasury, finance, Internal Audit and others. Therefore,
that occur to interested parties such as regulators, the Legal and Litigation Division provides legal opinions
groups, etc. in accordance with applicable regulations. independently with due consideration to the applicable
. To strengthen its response capability to potential laws and regulations in Indonesia without being
cyber security incidents that may occur, the Bank also influenced by other work units.
carries out scenario-based cyber security testing, which
is carried out periodically, at least once a year, using The Legal and Litigation Division also provides legal
scenarios that are relevant to the cyber security threats services, both written and/or verbal, in the form of
that occur. legal opinions, review of legal documents, drafting
legal documents, legal information research, and legal
The Bank has also implemented and obtained the assistance. In addition, providing legal assistance
ISO 27001 information security certification standard in litigation and/or resolving legal disputes using the
covering the Bank’s main payment system to improve Alternative Dispute Resolution (ADR) mechanism.
the Bank’s security standards and in order to minimize
risks related to information security that may occur at
the Bank.
Internal control over IT risks and Cyber security is
carried out through the implementation of the 3 (three)
lines of defense model. In the first line of defense, the
Risk Taking Unit (RTU) is assisted by Business Risk
(ICR Function) in carrying out daily operational risk
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Risk Management
Legal Risk Management Organizational Structure
Compliance Director
General Counsel
Legal Legal
Transaction Function Function
Litigation Head Legal Head
Legal in Business in Retail
Banking Banking
Sr. Legal Legal Policy &
Litigation Sr. Litigation Legal Counsel
Counsel Support
Adequacy of Policies, Procedures, and Limit 2. Monthly Regulatory Socialization Report to the
Setting Compliance Director;
The Legal and Litigation Division has policies, 3. Monthly Case Reports to General Counsel,
procedures, and authority limits for its work functions to Compliance Director, and Commissioner;
guide it in the performance of its duties and to ensure 4. Quarterly Case Reports to the Commissioner;
compliance with applicable regulations. Legal and 5. Ad-Hoc Report to the Commissioner (if any).
Litigation performs legal risk assessments for significant
transactions so that potential legal risks can be Although there are periodic reports, the General Counsel
mitigated at the outset of the transaction. This includes, may at any time provide verbal reports or opinions for
for example, the use of standardized draft agreements emergency decision-making. The opinion or report must
be coordinated first by the Compliance Director.
Adequacy of Risk Identification, Measurement,
Monitoring, and Control Process, and Risk F. Strategic Risk
Management Information Systems Strategic risk is a risk resulting from inaccurate
The Bank ensures the adequacy of risk identification, decision-making and/or implementation of a strategic
measurement, monitoring, and control processes, as decision as well as failure to anticipate changes in the
well as risk management information systems, in order business environment, inability to implement a strategic
to avoid potential litigation or claims. The process decision, or a combination of these things. This risk
is carried out by legal organizations in the form of also includes the Bank’s ability to create competitive
measures to prevent and/or minimize the possibility of advantages amidst increasingly tight banking
legal risks in the future. competition. Inability to face these business challenges,
which continue to change from time to time, will result in
The legal risk management process is carried out failure to achieve the goals that have been set.
through the following process:
1. Formulation of policies and/or prior to the execution Strategic Risk Management Framework
of a transaction/commitment until resolution of The Strategic Risk Work Unit plays a role in strategic
legal issues that arise. risk management and is under the active supervision of
2. Conducting a review of the legal aspects of a the Board of Commissioners and the Board of Directors.
product and/or the implementation of a transaction The strategic risk working group covers all business
or banking service. lines and supporting units that collaborate with the
3. Manage the legal process in a professional manner, Investor Relations Division of the Finance Directorate in
taking into account potential losses. analyzing and monitoring strategic risks.
Internal Control System on Legal Risk The future growth of the Bank’s business is closely
A comprehensive internal control system in the risk related to the strategic decision-making carried out by
management process is carried out through active the Bank. Therefore, the Bank always strives to improve
supervision of the Board of Directors and the Board the quality of strategic risk management so that risks
of Commissioners on matters in the Bank through the
following mechanism:
1. Weekly Case Reports to the Compliance Director;
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Risk Management
arising from inaccuracy in making and implementing Adequacy of Risk Identification, Measurement,
strategic decisions, as well as failure to anticipate Monitoring, and Control Processes, as well as
changes in the business environment, can be minimized Risk Management Information Systems
or avoided. Identification of strategic risks is the result of a study
of the characteristics of these risks. In the identification
The Bank always reviews emerging strategic issues process, the Bank always records and organizes
that have a negative impact on the Bank’s business all strategic risk data and potential losses due to
or financial conditions by considering competitive unrealized or ineffective implementation of the business
advantages, competitiveness factors, market strategy or business plan that has been determined,
conditions, regulations, and the business environment. especially those that have a significant impact on the
All strategy implementations are developed periodically Bank’s capital. The Bank’s strategic risk management
after evaluation and adjustment. information system includes the following activities:
1. Present information needs accurately, timely, and
Adequacy of Policies, Procedures, and Limit up-to-date.
Determination 2. Support management functions to facilitate the
The Bank has policies and procedures that regulate the planning and decision-making process.
process of formulating and preparing a Bank Business 3. Fulfill data availability according to the Bank’s
Plan, which includes a study of strategic direction and business plan.
key activities to support the implementation of the 4. Support the implementation of an audit trail of
strategy that has been planned. The Strategic Risk strategic risk event data in terms of management
Management Policy includes: and reporting, as well as documenting each
1. Policies related to strategic risk as guidelines for strategic risk event for potential loss projections for
the strategic control function. a certain period.
2. Strategic risk management includes mitigating
possible negative impacts from inaccurate strategic Internal Control System for Strategic Risk
decision-making and failure to anticipate changes The Bank has an Internal Control System for strategic
in the business environment. risk management that conducts regular monitoring by
3. General audit policy as a guideline for Bank Internal comparing the Bank’s performance and the expected
Audit. results of the strategies that have been determined
both from a quantitative and qualitative perspective.
Meanwhile, strategic risk procedures are related to SMBC Indonesia always strives to improve the quality
determining procedures and limits based on the policies of strategic risk management so that risks that arise can
implemented. The strategic risk limits set may include be minimized or avoided.
risks resulting from variances from the strategic plan
due to deviations in the budget and target completion
time.
G. Compliance Risk
Compliance risk is a risk that arises if the Bank does not comply and/or does not implement applicable laws and
regulations when carrying out business activities.
Compliance Risk Management Framework
The Organizational Structure of Compliance Risk Management in the Bank is as follows:
Compliance Director
Compliance Head
Compliance Reporting &
Compliance Advisory Compliance Policy & Training
Regulatory Relation
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The Bank has compliance policies and procedures Monitoring the implementation of Compliance and
that are the basic infrastructure in implementing the governance functions in subsidiary companies, namely
Compliance Function governance. Reviews and BTPN Syariah, PT Oto Multiartha, and PT Summit Oto
improvements to the Bank’s compliance policies Finance, in accordance with applicable OJK regulations.
are carried out on an ongoing basis, including in
line with the issuance of new regulations from the Adequacy of Policies, Procedures, and Limit
Financial Services Authority (OJK), Bank Indonesia Determination
(BI), the Deposit Insurance Corporation (LPS), and The Bank has compliance policies and procedures
the Indonesian Payment System Association (ASPI), that are the basic infrastructure in implementing
and other statutory provisions, as well as provisions the Compliance Function governance. This policy
from Sumitomo Mitsui Banking Corporation (SMBC) becomes a guideline in implementing the Bank’s
as the majority shareholder as well as the Controlling Compliance Function. On an ongoing basis, reviews
Shareholder of the Bank. The Board of Directors and and improvements are carried out on the Compliance
Board of Commissioners always carried out active Policy and Procedure in question to ensure compliance
supervision of the implementation of the Compliance with applicable regulations, including in line with the
Function, which is carried out, among other things, issuance of new regulations from the Financial Services
through the following activities: Authority (OJK), Bank Indonesia (BI), the Deposit
1. Report on the implementation of the duties and Insurance Corporation (LPS), and the Payment Systems
responsibilities of the Compliance Unit to the Association. Indonesia (ASPI), and other statutory
Compliance Director (monthly) provisions, as well as provisions from Sumitomo
2. Report on the implementation of the duties and Mitsui Banking Corporation (SMBC) as the majority
responsibilities of the Compliance Director to the shareholder and the Controlling Shareholder of the
President Director with a copy to the Board of Bank.
Commissioners (quarterly)
3. Report on the implementation of the duties Adequacy of Risk Identification, Measurement,
and responsibilities of the Compliance Director Monitoring, and Control Processes, as well as
submitted to the Financial Services Authority (OJK) Risk Management Information Systems
with a copy to the President Director and Board of Compliance risk management is carried out through
Commissioners (semesterly) the process of identifying, measuring, monitoring, and
4. Report on the results of the Compliance Risk controlling risks in accordance with the implementation
assessment of inherent risks and the quality of of risk management in order to ensure the Bank’s
implementation of compliance risk management compliance with applicable laws and regulations,
in Bank operations submitted to the Risk namely as follows:
Management Unit (quarterly); 1. The compliance risk identification process is carried
5. Report on the results of monitoring Compliance out, among other things, through compliance
Risk to the Board of Directors at the Board testing of policies, program products, and company
of Directors Meeting and to the Board of actions to be implemented, including transactions
Commissioners at the Board of Directors meeting that must obtain approval from the Credit
with the Board of Commissioners forum (quarterly) Committee.
and at the Audit Committee meeting (semesterly). 2. The process of measuring compliance risk is
carried out through an independent assessment
The Board of Directors and Board of Commissioners of compliance risk as part of preparing the Bank’s
have also approved the Compliance Policy, which is the risk profile. This activity is carried out periodically
basic infrastructure in implementing the Compliance using a risk approach (Risk Based Bank Rating).
Function governance. This policy is used as a guideline In addition, a Compliance Self Assessment (CSA)
in implementing the Bank’s Compliance Function. is carried out every semester with the aim of
ensuring that the policies, systems, procedures and
In compliance with POJK No.46/ POJK.03/2017 business activities carried out by the Bank are in
concerning the Implementation of the Compliance accordance with the provisions of the OJK, BI, LPS
Function of Commercial Banks, the Board of and ASPI as well as the provisions of applicable
Commissioners carries out active supervision of the laws and regulations. As a subsidiary of the SMBC
Compliance Function through carrying out evaluations Group, the risk measurement process is carried out
of the implementation of the Bank’s Compliance through the implementation of a Compliance Risk
Function, which is carried out at least twice a year, and Assessment (CRA) based on SMBC regulations and
provides suggestions /recommendations to improve other related statutory provisions.
the quality of implementation of the Bank’s Compliance
Function.
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Risk Management
3. The compliance risk monitoring process is carried compliance with Regulatory inspection findings, and
out, among other things, through reviewing others. The system is also continuously adjusted
the conformity of Bank policies with applicable and developed to remain relevant and in line with
regulations, fulfilling prudential parameters, organizational needs.
submitting reports to OJK, BI, LPS, and other
competent authorities, and following up on Disclosure of Risk Exposure and Implementation
regulator findings (including OJK and BI). of Risk Management in 2024
4. The process of controlling compliance risk is In line with the Bank’s commitment to continuously
carried out through, among other things, periodic improve the culture of compliance in all lines of the
reviews of compliance policies and procedures and Bank’s organization and business activities, this is
also carrying out follow-up actions on the results of reflected in the fulfillment of compliance functions that
external and internal audits. the Bank has achieved, including the following:
5. Periodically and continuously, the implementation 1. Bank Soundness Level based on Risk Based Bank
of the Bank’s Compliance Function is reported to Rating (RBBR) as of December 2024 data position
the Compliance Director and President Director is ranked 2 (Healthy).
with a copy to the Board of Commissioners. 2. Compliance with Regulatory Parameters, including:
In addition, it is also conveyed in the Board of • Capital Adequacy Ratio (CAR), including
Directors meeting, the Board of Directors meeting the Core Capital Ratio in accordance with
with the Board of Commissioners, and the Audit applicable regulations.
Committee meeting forums. • There are no violations or exceeding the Legal
Lending Limit (LLL).
Internal Control System for Compliance Risk • Net NPL, which is below the 1% level.
The Bank has an adequate Internal Control System • Fulfillment of the Minimum Statutory Reserve
to ensure compliance with OJK, BI, LPS, and ASPI (GWM) in both Rupiah and Foreign Currency in
provisions as well as other laws and regulations. The accordance with applicable regulations.
Bank’s Internal Control System uses a 3 (three) lines of • Fulfillment of Net Foreign Exchange Position
defense model, consisting of Business work units and (PDN) in accordance with applicable
supporting functions as Risk Taking Units and assisted regulations.
by Business Risk/Internal Control & Risk (ICR) as • Fulfillment of the Liquidity Coverage Ratio and
coordinator in risk management compliance as the first Net Stable Funding Ratio in accordance with
line of defense. applicable regulations.
• Fulfillment of the Leverage Ratio and
The second line of defense is the Risk Management Macroprudential Inclusive Financing Ratio
Directorate, Compliance and Legal Directorate, (RPIM) in accordance with applicable
Finance Division, and Human Resources Division. regulations.
The Compliance Division, as part of the second line 3. In connection with the designation of Bank SMBC
of defense, plays a role in developing compliance- Indonesia as a Systemic Bank, the fulfillment of the
related frameworks and policies, and the Internal capital surcharge formation and implementation of
Audit Work Unit (SKAI), as the third line of defense, the Recovery Plan program that the Bank has is in
works independently in assessing the effectiveness of accordance with OJK regulations.
compliance risk management. 4. Fulfillment of OJK and Bank Indonesia audit
findings commitments is in accordance with the set
The Internal Audit Work Unit (SKAI) carries out regular time targets.
checks on the adequacy of the compliance risk
management process and compliance of each related H. Reputation Risk
party in accordance with the established Audit Plan. Reputation risk is a risk that arise as a result of the
decline in the stakeholders’ trust level that stemmed
In order to develop internal control over Compliance from negative perception on the Company.
Risk, compliance processes have also been improved,
including by strengthening the supporting infrastructure Reputation Risk Management Framework
for the implementation of the Compliance Function SMBC Indonesia’s reputation is a very important asset
in the Compliance Division in the form of a special for business continuity. Therefore, each activity that
monitoring system through the Operational System for involves disclosing message/information to external
Compliance Reporting (OSCAR) toward the fulfillment parties, whether involving mass media or not, which is
of follow-up to OJK, BI, LPS, and ASPI regulations, considered to affect the company’s reputation, needs to
be coordinated with Corporate Communications within
the Communications & Daya Division.
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Risk Management
Corporate Communications is a unit under the Bank’s reputation. The reputation risk control process
Compliance, Legal & Corporate Secretary Directorate implemented, among other things, through Internal
that has the main function of managing the Bank’s Audit investigation reports as input for the continuous
reputation. These efforts are carried out through improvement of operational processes.
effective and efficient communication activities
(disclosure of information) to internal and external Monitoring of Reputation Risk is carried out, among
parties in accordance with the Bank’s strategy, vision, other things, through the Risk Management Committee.
mission, and values. Internal Audit periodically conducts an investigation on
the reputation risk management of each related party in
In relation to the main function of managing the Bank’s accordance with the established Audit Plan.
reputation, Corporate Communications is responsible
and acts as the main door in disclosing internal and Audit investigation is conducted on negative news and
external information. Corporate Communications also managing customer complaints, including
performs supervisory functions (control & monitoring) documentation, follow-up, and reporting to mitigate
on all Bank communication activities in general and reputation risk, reviewed during audit process.
specifically carried out by each business unit and
supporting units. Reputation Risk Control System
The Bank has an Internal Control System for reputation
Policies, Procedures, and Limit Setting risk management, including regular monitoring of
In controlling reputation risk, the Bank has policies, customer complaints or negative news that has
procedures, and mechanisms to improve service a material impact on the Bank’s reputation and a
quality, including handling complaints from stakeholders reputation risk control culture involving all business
(customers and other stakeholders), which is carried out lines.
in an integrated manner.
Reputation Risk Control and Reputation Risk
The Bank prepares the steps outlined in the procedures Management in Times of Crisis
as preparation and anticipation to respond if there are Referring to the Crisis Communication Manual, the
questions from the mass media or customers regarding Communications & Daya Division is responsible for
events that affect the Bank’s reputation. reputation crisis communication at the head office
and appoints the person responsible for reputation
Adequacy of Risk Identification, Measurement, crisis communication at the regional level. This division
Monitoring, Control and Risk Management provides support for all aspects of external and internal
System communications, from planning and implementation to
The reputation risk identification process is performed monitoring and evaluating communication processes
through the preparation of Reputation Risk assessment during a reputation crisis.
for new products or activities or their development,
as well as corporate actions that will be implemented, The main tasks during a reputation crisis situation
including material Bank transactions. The reputation include:
risk measurement process is carried out through an 1. Develop a communication strategies and tactics to
independent assessment of reputation risk as part of communicate;
the Bank’s regular risk profile preparation. 2. Design and draft the key messages;
3. Consider the communication channels used;
The reputation risk monitoring process is carried out 4. Determine the spokesperson and person in charge
through media monitoring on negative issues and of communication;
customers’ complaints in the mass media. 5. Coordinate with the person in charge of
communications and appointed spokesperson;
There are 2 (two) main parameters in measuring 6. Carry out intensive communication functions to
reputation risk, namely (1) negative news and (2) external and internal parties;
frequency and time for resolving customer complaints. 7. Manage requests for information or interviews with
Monitoring of these 2 (two) parameters is carried out the media; and
continuously so that responses to negative news and 8. Monitor and evaluate the effectiveness of
customer complaints can be managed quickly and communication.
accurately so that it does not have an impact on the
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Business Support Review
06
Business
Support Review
248 Human Resources Development
254 Operations and Technology
The availability of skilled human resources,
the presence of robust information
technology, and efficient operations serve as
key pillars.
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Business Support Review
Human Resources
Development
The Human Resources Directorate focuses
on developing talent and continuously
supporting the future growth of the
organization. The strategic focus of the
Human Resources Directorate is to attract,
develop and retain talents.
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Business Support Review
SMBC Indonesia always prepares strategic plans in 3. Training and development programs for Bank’s
developing its Human Resources (HR) so as to be in employees.
line with the Bank’s strategy. This effort is based on the a. Development and training in technical, non-
Bank’s view that HR is an important factor in support technical, and leadership areas.
of the Bank’s business performance achievements on a b. Collaboration with the SMBC group.
continuous basis. c. Training program on digital & analytics
curriculum development.
This HR management policy is also in line with the d. Bank E-Learning
mandate depicted in the Financial Services Authority e. Mandatory certification program.
Regulation (POJK) No. 24 of Year 2022 on the
Development of the Human Resources of Commercial 4. Development of human resources system (HRIS).
Banks. The regulation affirms that Banks are obligated a. Implementation of new features for
to manage HR and HR quality development on a Bank’s HRIS, including the compensation
continuous basis. management module, talent management and
sustainable development of SMBC Indonesia
Bank’s HRIS system.
DEVELOPMENT FOCUS AND POLICY b. Implementation of HR Dashboard.
Throughout the year 2024, the Human Resource 5. Review of employee remuneration and benefits. In
Function of SMBC Indonesia Bank has actualized a line with an attractive strategy for the development
variety of major initiatives. These initiatives were in line and retention of talent, the Bank consistently
with the focus on efforts to attract, develop, and retain reviews the remuneration and benefits so that they
talents, which emphasizes on the five pillars as follows: continue to be competitive in the talent market and
1. Organizational Development in line with market dynamics.
a. Bank’s talent development initiative for those
in 1 and 2 levels below the Board of Directors
(BOD)/BOM. INITIATIVES AND PERFORMANCE
b. Talent succession planning program. ACHIEVEMENTS IN 2024
c. A global employee exchange and development
program also implemented in Singapore and The Bank’s Human Resource Directorate focuses
Japan. on continuous human resource development and
d. Employee engagement program. talent capabilities so that it is capable of persistently
e. Improvement of the Bank’s employer branding. supporting the organization’s growth in the future. In
f. Bank’s acceleration program. 2024, the Human Resources Directorate implemented
several important initiatives, in line with the focus of
2. Diversity and inclusion program the directorate’s strategy in attracting, developing, and
a. Empowerment program for women and those retaining talent, which emphasize the following:
with disabilities.
b. Collaboration with the SMBC group and 1. Development of the Organization. In 2024, the
subsidiaries. Bank focused on the following:
• The Bank’s talent development focused on the
positions of 1 and 2 levels below the Board of
Directors/Board of Management (BOD/BOM),
of which the program includes the Bank’s
internal identification and succession plan.
This is carried out to ensure continuity in Bank
organization and leadership.
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Human Resources Development
• Collaboration with SMBC Group in the 2. The Diversity, Equity & Inclusion (DE&I)
global employee exchange and development Program
program, as also conducted in Singapore and In the year 2024, SMBC Indonesia focused on
Japan, remains the focus of the talent program the empowerment program for women and those
that continues to be developed. This program with disabilities to create a positive working
is one of the most important aspects of the environment. This initiative, among others, is
Employee Value Proposition (EVP) and is the manifested through the sign language class
attraction in Employer Branding. In addition, program for employees, in cooperation with
with the Employee Value Proposition, the partners of disability expertise, mentoring for
Bank strives to improve its competitiveness women employees, an internal leader of the
to acquire the best talents in the workforce Bank, and a collaboration with SMC Group and
market. subsidiaries for DE&I programs.
• Implementing the SMBC Indonesia
acceleration development program for fresh 3. Learning & Development
graduates, known as the LEAD Program, In the year 2024, SMBC Indonesia continued its
designed with the objective for program commitment to improving and developing the work
graduates to be more prepared and with quality and competency of the HR in technical,
optimal performance to support the Bank’s non-technical, and leadership areas. This is
business strategy, as well as to become implemented through continuous learning, training,
prospective leaders in Indonesia’s future. In the and mentoring programs for Bank employees. In
year 2024, SMBC Indonesia conducted 2 (two) the context of learning and development of HR
batches of the LEAD program. competency, the Bank pays attention to principles
• Improvement of employer branding through of priority and equality of work competency.
cooperation with reputable organizations,
including partnerships with prominent Such improvement of competency, among
universities of both national and international others, is achieved by carrying on with the use
levels, such as the student association of e-learning that can be accessed from the
organization in Japan. Apart from that, the Bank’s HRIS system, collaboration with the SMBC
Bank participates in the human resources Group, and developing the curriculum on digital &
award program held locally in Indonesia as well analytical training programs for Bank employees.
as regionally in Asia. In 2024, the Bank also Other important training and development
carried out rebranding activities for the Bank’s programs are mandatory certification consisting of
employer branding, which was in line with materials on Risk Management, Payment System
Bank BTPN’s strategy for the transformation and Rupiah Currency Management, Mutual Fund
into Bank SMBC Indonesia. Sales Agent Representative (WAPERD), Brokerage
- Implementing employee programs through Representative of Marketing Securities Trading
the SMBCI Club includes such activities as (WPPE-P) and Treasury. This program is mandatory
sports, hobbies, and religion. In addition, the for employees who are required to do so. In
Bank continues with an employee assistance addition, the Bank also takes on other competency
program that covers such aspects as mental certifications, such as for HR management,
health, finance, and legal, where employees compliance, information, internal audit, and finance.
may consult with experts in their respective
fields. 4. Implementation of HR Technology
In the year 2024, the Bank continued the HR digital
transformation process, such as with implementing
several new features to support the HR overall
management process. Among others, in the form
of a compensation management module, talent
management, and sustainable development of the
Bank’s HRIS system.
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The Human Resources Directorate also developed COMPETENCY DEVELOPMENT
and implemented the HR Dashboard, which is
expected to improve the Bank’s capability in SMBC Indonesia Bank continues with the HR quality
managing, processing, and presenting information development program through the improvement of
related to the Bank’s HR so that this can help the competency in technical, non-technical, and leadership
management in processing faster and measurable areas. Among the activities realized are the following:
decision-making. 1. Continue the process of work competency
certification in the banking sector, including through
5. Rewards Performance Management Risk Management Certification, Payment Systems
On a continuous basis, the Bank reviews the and Rupiah Money Management, WAPERD
remuneration and benefits of employees against (Mutual Fund Selling Agent Representative),
the current workforce market in the industry. By WPPE-P (Marketing Securities Trading Intermediary
this, the Bank can formulate a remuneration plan Representative) and Treasury for employees who
for employees that is competitive yet in line with the are required to have them.
Bank’s strategy. 2. Continue the competency certification process in
addition to work competency certification of Human
Resources Management, Compliance, Information
RECRUITMENT POLICY Technology, Internal Audit, and Finance.
3. Bank’s acceleration program for fresh graduate
SMBC Indonesia‘s policy on recruitment always puts talents
forward the principle of inclusivity, meaning open for 4. Continue the process of improving other
anyone that fulfills the requirements and provisions competencies through training provided by the
of the Bank. For this reason, in order to provide the bank, including through the Bank’s e-learning
widest possible opportunities, the Bank utilizes various system, access to MOOC (Massive Open Online
communication and information channels to announce Course) provided to employees, and various
job vacancies so that more people can access the training conducted online and offline.
information. 5. Holding a 2 (two) day ‘BTPN Hybrid Learning
Festival” focusing on the topics of transformation,
The channels to use for conveying information on job growth and quality. In this year’s learning festival,
vacancies include SMBC Indonesia’s career website a series of programs conducted include seminars
and job search sites. Moreover, the Bank collaborates from experts, sharing sessions from SMBC
with several universities to identify the most talented Indonesia leaders, employee award programs,
candidates. learning areas/studios, and practical training
sessions.
Nevertheless, filling certain positions is provided 6. Continue cooperation with SMBC Group in the
internally for employees, and this is intended to provide employee development process carried out through
development opportunities for SMBC Indonesia several programs.
employees. During the year 2024, the Bank recruited 7. The Bank provided a learning management system
514 new employees. that is currently accessible from the Darwinbox
HRIS platform. This initiative is expected to improve
the experience of SMBC Indonesia employees in
accessing the Bank’s e-learning, which can now be
accessed via mobile phones.
Highlights of Training Implementation
Description 2024 2023
Total Training Program 986 753
Total Participant 6,970 6,544
Total Man-Days 28,970 40,356
Total Training Investment (Rp Million) 58,863 51,729
Average Training Investment per Employee (Rp Million) 8,4 7,9
Total Training Hours 231,760 322,849
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Human Resources Development
Training Based on Position Level
Total
Position Level Type of Training Training Objective Organizer
Participant
Top Management 201 In house & Public Self-Development Internal & External
Senior Management 804 In house & Public Self-Development Internal & External
Management 3,190 In house & Public Self-Development Internal & External
Office/Supervisor 1,707 In house & Public Self-Development Internal & External
Clerical 1,068 In house & Public Self-Development Internal & External
REMUNERATION YEARS OF SERVICE REWARDS
SMBC Indonesia applies the remuneration policy with SMBC Indonesia rewards employees who have
reference to applicable laws and regulations, including dedicated their productive time to the Bank with a token
Law No. 13 of the year 2003 regarding manpower/ of appreciation. The reward is given to employees with
employment and its amendments. Likewise, with 30 years, 20 years, or 10 years of service at the Bank.
provisions regarding provincial minimum wage (UMP), This is done as an expression of appreciation for the
whose parent policy is determined by the Ministry of loyalty extended to the company.
Manpower.
In its implementation, the Bank adheres to the principle In 2024, the Bank provided years of service rewards for
of meritocracy when applying remuneration. This 491 employees, with categories as follows: rewards for
principle prioritizes objective assessment from the 13 employees with 30 years of service, 3 employees
performance and impact resulted for the Bank in setting with 20 years of service, and 475 employees with 10
and determining remuneration. Thus, the basic factors years of service.
used to make adjustments on employees’ remuneration
refer to the Bank’s performance, the performance of
work units, and the performance of individuals, as well EMPLOYEE TURNOVER RATE
as considering the Bank’s economic conditions and
capabilities. Adjustments to employee remuneration and The total turnover rate of the Bank’s employees in the
performance bonuses are made at the beginning of the year 2024 was recorded at 8.5%, a decline from 12.4%
year based on the previous year’s performance. Every in 2023. While turnover for voluntary was 5.8%, also a
year, the Bank reviews the implementation of benefits decline from 6.92% in 2023.
for employees, such as health protection, which is
currently provided in the form of health insurance for
employees and their families. In this review, the Bank 2025 STRATEGIC PLAN
considers the ratio on the use of health facilities and
the adequacy ratio. In addition, the Bank also takes into The Human Resources Directorate focuses on the
account the facilities provided by other similar banks, development of talent resources and continually
of which the data can be obtained from surveys on supports the growth of the organization in the future.
remuneration conducted by consultants. Strategic focus of the Directorate of Human Resources
is in attracting, developing and retaining talents.
Remuneration review for employees is carried out by
the Human Resources Committee, consisting of 5 (five) Technically described, the strategic focus for the year
members of the Board of Directors and 1 (one) Human 2025 consists of 6 core pillars, namely as follows:
Resource official. This Committee holds meetings at 1. Organizational Development
least once every 4 (four) months, or whenever required; Development in SMBC Indonesia’s organization
the meeting can be held at any time upon request of aims to ensure the Bank has adequate human
one of the Committee members following the scope of resources and is capable of implementing the
the Human Resources Committee’s work guidelines. Bank’s strategies. In 2025, the Bank’s strategic
focus to develop this organization covers a
talent development program and an internal
succession plan to be carried out through the
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implementation of SMBC Indonesia’s framework 3. Implementation of HR Technology
for talent management. The Bank continues with In 2025, the Bank will continue with the human
a succession plan to ensure promotion from resource digital transformation process HR, among
within and improve the organization’s strength, others, by implementing sustainable development
collaboration with SMBC Group on a global talent of the Bank’s HRIS system by means of applying
development initiative, as well as to ensure the several automation initiatives intended to increase
organization’s alignment with the Bank’s strategies HR business processes on a continuous basis.
that include the following: organizational analysis,
succession planning, and employee development The Bank will develop the HR Dashboard to
strategy. improve the Bank’s capability in managing,
processing, and delivering information related to
2. Learning & Development the Bank’s human resources so that it can assist
To develop employee talent, SMBC Indonesia is the management with faster and measurable
committed to managing and developing HR quality decision-making and therefore support SMBC
on a continuous basis. This is to be implemented Indonesia’s conglomerate model.
through the improvement of work competency in
technical, non-technical, and leadership aspects, 4. Enhance Employee Engagement
as well as by putting attention to the principle of This initiative, among others, is implemented
priority and equality in HR work competency to through the employee wellbeing program and
enhance the competency of employees. employer branding of SMBC Indonesia that
will collaborate with SMBC Group as well as
In 2025, the Bank will focus on the main initiatives, its subsidiaries. Aside from that, the program
among which are increasing collaboration is to be actualized through partnerships with
with SMBC Group in applying the learning & universities and other Employer Branding initiatives,
development program, intensifying the learning design and improve a new branding for SMBC
program so as to align with the Bank’s business Indonesia through online and offline channels, and
strategy, and establishing plans for extensive participation in reputable HR award programs to
learning for leaders of the Bank and cross- increase awareness of SMBC Indonesia’s Employer
geographic employees to ensure equal distribution Branding.
of skill and knowledge standards of SMBC
Indonesia employees. Aside from that, to support 5. Diversity, Equity & Inclusion (DE&I) Program
the conglomerate model of SMBC Indonesia, the The program aims to create a positive working
Bank, in this period, will also focus on collaborating environment. In the year 2025, the Bank will focus
on the cross-entities learning program, where it on collaboration with SMBC Group and SMBC
would include BTPN Syariah and OTO Group (PT Indonesia subsidiaries, design and implementation
Oto Multiartha and PT Summit Oto Finance). of DE&I program that focuses on social impact,
disability and family friendly working environment.
The Bank will also continue with the employee
certification process in accordance with prevailing 6. Rewards & Performance Management
regulations. Among which, the certification for The Bank will continuously review the remuneration
Risk Management, Payment System and Rupiah and benefits of employees against the current
Money Management, Mutual Fund Selling market. This way, SMBC Indonesia can establish
Agent (WAPERD), Marketing Securities Trading a remuneration and employee formula that is
Intermediary Representative (WPPE-P), and competitive yet in line with the Bank’s strategy.
Treasury for employees is required to be certified.
Apart from that, competency certification does
not include work competency certification in the
banking sector, for example, certification in Human
Resources Management, compliance, Information
Technology, Internal Audit and Finance.
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Operations and
Technology
To be the strategic partner providing
distinctive solutions that drive excellent
service and accelerate the Bank’s growth
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Vision and Mission of the Operations & Technology Directorate
Operations & IT organizations have merged into one solid organization in support of the Bank’s business line, with the
following new vision and mission:
VISION
To be the strategic
partner providing
distinctive solutions that
drive excellent service
and accelerate the
Bank’s growth.
MISSION
To synergize with all
stakeholders in enabling
customer-focus innovation
through:
• Fostering an environment
& culture that cultivate
people’s competency and
leadership
• Leveraging secure digital
technology
INFORMATION TECHNOLOGY The policy on IT implementation within the Bank
emphasizes the optimization and effectiveness of the
Utilization of Information Technology (IT) within SMBC IT resources, strengthening of IT governance, and
Indonesia mainly refers to OJK Regulation No. 11/ strengthening of cyber security. For this reason, SMBC
POJK.03/2022 regarding the Implementation of Indonesia always manages IT investments right on set
Information Technology by Commercial Banks. Its targets.
implementation is in the context of supporting services
to customers and the Bank’s operational activities.
Development Focus in 2024
As services to customers, SMBC Indonesia’s main In line with the Bank’s 2024 business plan, Information
focus is applied in the retail business and corporate Technology emphasizes the management and
sectors. Utilization of IT also plays an important role development of IT on the following:
in supporting operational activities and the Bank’s 1. Implementation of IT capabilities that are strategic
business growth. For this reason, SMBC Indonesia in support of digital business and its ecosystem,
continues to develop digital banking, which is SMBC both organic and inorganic;
Indonesia’s main advantage on an ongoing basis. 2. Implementation of IT Operation Excellence by
optimizing IT resources, carrying out consolidation
and application decommissioning, as well as
standardizing technology to reduce operational
complexities.
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Operations and Technology
3. Application of strong governance, security, and compliance standards on regulations to mitigate risks, as well as
improvement on the synergy between the parent entity and all member entities in the financial conglomerate of
the SMBC group in Indonesia; and
4. Implementation of cyber security aligned with the cyber security framework established by the Chief Information
Security Officer (CISO).
Organization of IT Management
Information Technology activities in SMBC Indonesia are led by the Director of Operations and Technology, who
reports directly to the President Director. The organization structure, effective as of 1 October 2024, is shown in the
diagram below:
President Director
Executive Secretary
Director of Operations
to Director of Operations
& Technology
& Technology
Executive Secretary
Information Technology Head
to Information Technology Head
IT Retail Banking &
IT Digital Service IT Transaction IT Corporate Banking IT Strategy Planning & IT Governance
Corporate Function
Enablement Head Management Head Enablement Head Data Management Head Management Head
Enablement Head
Human Resources
SMBC Indonesia realizes the importance of the presence of competent Human Resources (HR) to support IT
development within the Bank. Moreover, SMBC Indonesia is the first Bank equipped with digital capabilities and that
provides digital banking solutions. For this purpose, the Bank continues to develop its HR unceasingly in order to
keep supporting IT development as planned.
Until the end of December 2024, the number of Information Technology personnel in the Directorate of Operations &
Technology totals 462 spread into 8 (eight) organizations.
IT Human Resources
Total
No. Organization Responsibility
(Person)
1 Board of Management Manage the IT Organization to align with business objectives and encourage efficiency, 1
growth, and business competitiveness for the company, as well as lead the IT Organization to
transform in order to improve its capability in support of the bank’s business and ensure the
bank’s environment is safe and stable.
2 Secretary Carry out administrative duties, establish good relationships and communication with internal 1
and external parties, and generally support the Head of IT (BoM).
3 IT Strategic Ensure the IT management function and organization work efficiently and effectively, which 86
Planning and Data includes the functions of IT strategic planning, IT budget management, IT Procurement
Management Management and IT Vendor Management, IT Project Management, implementation of
innovation centers in line with the Bank’s strategic plans and directions. Moreover, maintain
and improve Digital Capabilities, cyber security readiness, overall Bank data quality, data
governance, and data-based decision-making.
4 IT Retail Banking & Establish relationship and collaboration with Retail Banking & Corporate Functions business to 49
Corporate Function support business, operational, and technical solutions by Customer Centric approach.
Enablement
5 IT Corporate Banking Establish relationship and collaboration with Corporate Banking business to support business, 27
Enablement operational, and technical solutions with Customer Centric approach.
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IT Human Resources
Total
No. Organization Responsibility
(Person)
6 IT Digital Service Implement development and maintenance on continuous basis for the core system, existing 146
Enablement payment system so as to continually fulfill the needs of the bank’s business as well as support
the needs of the Bank’s project concerning system integration.
7 IT Transaction Ensure the availability of infrastructure services to support the Bank’s operations, business 135
Management development and Key Strategic Initiatives. This includes ensuring the availability and readiness
of Disaster Recovery Procedure that complies with SLA.
8 IT Governance Lead, plan, determine, and carry out supervision of IT governance implementation in 17
Management accordance with the IT organization, and to ensure and conduct supervision on the IT risk
management in the Bank.
To support HR capabilities in the IT field, the Bank has actualized a number of training in several areas, including the
following:
Number of
Competency Training Theme
Participants
Leadership 3
LDP P1 1
Leaders ss Coach 1
Leadership Series 1
Soft Skill 22
Analytical Thinking 1
Beyond I to We 1
Cineclass: Problem Solving 1
Cineclass: Think on Your Feet 1
Daya – Empower to Grow 1
Design Thinking 1
Effective Brainstorming 1
Effective Team Communication: Collaboration and Cooperation (Training with Becky Tumewu) 1
Emotional Intelligence @ Workplace 1
Empowering Team 1
LDA-Advanced Decision Making Skills 1
LDA-AGMD Asia Talent Program - Cultural Intelligence Workshop 1
LDA-AI Webinar - How do we balance Innovation & Responsibility 1
LDA-Cultural Intelligence Workshop 1
LDA-Manager as Mentor 1
LDA-Mission Impossible 1
LDA-Power BI Webinar 1
Managing Your Service, Managing Your Outcome 1
Quality in Minds, Business at Hearts 1
THINK ON YOUR FEET 1
Training Mobile EFS 1
Training RPG -RPG IV 1
Technical 114
Annual Workshop Directorate Risk Management 2024-Oktober 2024 1
Anti Fraud Awareness 2024 1
APU PPT 1
BTPN Code of Conduct 1
BTPN Overview 1
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Operations and Technology
Number of
Competency Training Theme
Participants
Cineclass: Japanese Conversation 1
CISA certification and ISACA membership extension 1
Closing Ceremony & Awarding Night: LF Performance by Diskoria - LF24-[OFFLINE] Closing 1
Ceremony & Awarding Night: LF Performance by Diskoria
Compliance 1
Compliance 2024: Compliance Awareness and E&G 1
Cyber & Information Security Awareness 2024 1
Data Storytelling 1
Retained Certification Identification Mechanism on Disruptions
Throughout the year 2024, implemented certification SMBC Indonesia is constantly monitoring business
programs are as follows: and technology disruptions. To better understand
• Risk Management Certification technological disruptions, SMBC Indonesia conducts
• Mastering ITIL v4 Fundamental, putting forward evaluations on new technology that can be used to
Agile and DevOps. support the Bank’s business through the following:
• CISA and ISACA 1. An organization that functions to carry out research
and development for new technology
Information Technology Governance 2. Collaboration with SMBC to perform reviews on
SMBC Indonesia’s policy on the implementation of IT new technology
governance within SMBC Indonesia must be in line with 3. Evaluation based on information/case study on
the plans set forth in SMBC Indonesia and the parent technology utilization, carried out by a third party
entity (SMBC Group). Furthermore, it is crucial to ensure
compliance with current regulations, which come from Cyber Security System Strategy
both the financial sector regulator and the government. As a bank that utilizes information technology in
providing digital services for the customers, SMBC
The Bank retains policies, procedures, and operating Indonesia continuously strives to improve the
standards, as well as implementation instructions in implementation of risk management standards on
several aspects, such as in IT planning, IT budget, IT cyber security. Moreover, SMBC Indonesia also pays
implementation, and IT operations. The Bank continues attention to the increasingly cyber security threats.
to strive for improvement by implementing a common
practice framework for governance, known as COBIT 5. The implementation of SMBC Indonesia’s cyber
security risk management complies with applicable
An evaluation of the gap analysis was carried out on laws and regulations, cyber security risk management
prioritized processes during the year 2024. Such implementation standards of the parent company
activity will continue as part of the ongoing development (SMBC Group), as well as best practices available. For
of IT governance in SMBC Indonesia. this reason, in 2024, SMBC Indonesia released and
applied the Cyber Security Risk Management Policy
Implementation of governance policies is contained that contains the framework, management strategy
in the IT Strategic Planning (ITSP – IT Roadmap) and standards, and implementation of the Bank’s cyber
established after the following considerations: security risk management.
1. SMBCI Vision and Mission.
2. SMBCI Indonesia Strategic Objectives. This Cyber Security Risk Management Policy generally
3. Industry Trends and Information Technology, such contains the following:
as Open source, Cloud, Open API, and others. 1. Standards for implementing cyber security
4. Key pain point and main challenges. risk governance were formulated to ensure
5. In addition, take into account the IT Strategic the adequacy of the Bank’s cyber security risk
Initiative carried out in the previous period. governance. This governance process covers
active supervision by the Board of Commissioners
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and the Board of Directors, formulating risk appetite Evaluation System
and risk tolerance, as well as the implementation IT Performance Measurement in 2024 covered several
of a continuous awareness campaign on cyber aspects, namely delivery projects, governance,
security risks on a periodic basis. branch office satisfaction, customer satisfaction, and
2. Cyber security risk management framework operational excellence. Overall, the IT Division managed
that includes the adequate availability of cyber to achieve very good results throughout the year 2024,
security strategy, adequate availability of Bank with achievements above the set measurement or
resources and equipment, and the availability and targets.
adequacy of internal provisions that regulate the
implementation standards of SMBC Indonesia’s IT Development Roadmap
cyber security risk management. The IT Development Roadmap in 2024 was in line with
3. Management of resources required in the the implementation of the 2022-2026 Strategic Plan,
implementation of cyber security risk management, namely by optimizing the use of digital technology,
both in the form of Human Resources (HR), cyber security and the effectiveness of IT resources, as
the adequacy of the cyber security information well as IT governance. Apart from that, SMBC Indonesia
management system, and various other forms also carried out optimization of the use of resources and
of resources required by SMBC Indonesia in governance through synergy with SMBC.
managing cyber security risks.
4. Control over cyber security risks through the Development in 2024
implementation of control mechanisms and the IT development during the year 2024 was carried out in
application of Information Technology required in several areas, among others, as follows:
order to control cyber security risks that may occur 1. Implementation of IT capabilities that are strategic
at SMBC Indonesia. for supporting digital business and its ecosystem,
both organic and inorganic.
Disaster Recovery Strategy/Process 2. Implementation of IT Operation Excellence
SMBC Indonesia has anticipated, in case a disaster by optimizing IT resources, consolidating and
occurs that may disrupt the Bank’s operational decommissioning applications, and technology
activities. As efforts to mitigate, the disaster recovery standardization to reduce operation complexities.
strategy carried out by the Bank covers the following: 3. Implementation of strong governance, security, and
1. Procedures for IT Business Continuity Plan. compliance standards on regulations in mitigating
2. Data center for data recovery. risks, as well as improving synergy between the
3. Routine (annual) activity for simulation on data parent entity and all member entities within the
center displacement. financial conglomerate of the SMBC group in
Indonesia.
Reporting System/Mechanism to the 4. Implementation of cyber security in alignment with
Board of Directors the cyber security framework established by the
In line with OJK Regulation No. 11/POJK.03/2022 Chief Information Security Officer (CISO).
on the Implementation of Information Technology
by Commercial Banks, SMBC Indonesia conducts SMBC Indonesia IT Excellence
semester reporting to the Board of Directors and the In an effort to maintain continuity and improve its
Board of Commissioners in relation to the Information capabilities in the IT field, SMBC Indonesia has retained
Technology Strategic Plan. The report covers the IT a number of advantages, among others related to the
strategic plan, the IT strategic plan budget, and the following:
implementation of the IT strategic plan initiative. 1. Clear Objectives and Focus. Information
Technology Organization, Information Technology
In addition, SMBC Indonesia also reports on the Special Project, Information Technology
following: IT strategic plan initiative implementation, IT Strategic Plan 2020-2023 and 2022-2026 ensure
budget, and IT performance for the quarterly period in stabilization, and continuity on digital aspirations.
the IT Steering Committee forum. 2. Digital capabilities by optimizing and gaining
business value from digital infrastructure, culture
and mindset (operating model), architecture,
and modern application development, data
management, and cyber security programs.
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Operations and Technology
Technology Investment OPERATIONS
In the year 2024, the total capital expenditure (capex)
for IT was in line with the SMBC Indonesia Business SMBC Indonesia Operations Directorate retains the
Plan, amounting to Rp300 billion. This budget was vision: To become a competent and strategic partner in
allocated for, but not limited to, the implementation of delivering distinctive service to accelerate bank’s growth
the following:
• Adjustment in the application interface used by Operations aims to support business achievements
customers, in line with the corporate strategy of set forth by the Bank. In the year 2024, the Bank
brand transformation into Bank SMBC Indonesia; consistently and continuously implements 3 (three)
• Expansion in the implementation of SNAP (National strategic pillars that put forward service quality, internal
Standard Payment API) to strengthen digital control and compliance improvement, and operational
payments, in accordance with the direction of Bank excellence.
Indonesia Payment System blueprint;
• Improvement of the fraud transaction management Operations Initiatives and Strategies
system (real-time monitoring and detection) on the In accordance with the Operations 5 (five) years
BI-FAST channel; strategic plan (2022-2026), Bank will continue the
• Establishment and development of internet banking course of operational improvement that focuses on the
services (Touchbiz Web) for SME customers; and 3 (three) strategic pillars: service quality excellence,
• Development of digital service features on JENIUS control and compliance excellence and operational
application (marketing automation and credit card excellence through the following initiatives:
merchant installment automation). 1. Carries out service improvement through
digitalization, leveraging technology advantage
2025 Strategic Plan and enhancing service capabilities to achieve a
The IT Strategic Plan for 2025 remains focused seamless, consistent customer experience, and
on optimizing the use of digital technology, cyber high availability service.
security, IT resource effectiveness, and IT governance. 2. Improve internal control and compliance by
Furthermore, SMBC Indonesia optimizes resource enhancing the accuracy and reliability of regulatory
utilization and governance through synergy with SMBC reporting, pursuing transformation that centered on
in a variety of areas, including: continuous oversight and preventive measures, as
1. Continuing with the implementation of IT well as automation of transaction reconciliation and
capabilities that are strategic in supporting digital settlement processes.
business and its ecosystem, both organic and 3. Achieve operational excellence through ongoing
inorganic. digitalization of work processes, while keeping
2. Carrying out IT Operation Excellence by environmental sustainability in mind such as
continuing optimization on the use of IT resources, reduction of paper transaction, enhanced
consolidation and decommissioning of applications, integration and automation initiatives to elevate the
as well as technology standardization to support level of seamless and straight-through processing,
operational activities effectively. as well as improvements on data accuracy and
3. The implementation of strong governance, security, quality.
and compliance standards on regulation to mitigate
risks, as well as improvement in synergy between In addition to the 3 (three) pillars strategy, to improve
the parent entity and all member entities of the service for the customer, Bank will continue on the
SMBC group’s financial conglomerate in Indonesia, implementation BI-FAST payment system in accordance
and the IT Operating Model to be continued in the with Business strategy and compliance to Bank
form of Management Program implementation. Indonesia development plan.
4. Continuous implementation of cyber security in
the process of Identification, Protection, Detection,
Response & Report, and Recovery in which
includes strategy/process of Disaster Recovery to
anticipate cyber attacks by keeping reference to the
cyber security framework established by the Chief
Information Security Officer (CISO).
260 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Business Support Review
Achievements in 2024 Strategic Plans in 2025
In the year 2024, Operations continued with the In accordance with the Operations 5 (five) years
implementation of various initiatives that remain in focus strategic plan (2022-2026), Bank will continue the
on 3 (three) strategic pillars, namely service quality, course of operational improvement that focuses on the
internal control and compliance improvement, as well 3 (three) strategic pillars: service quality excellence,
as the achievement of excellence in the operational control and compliance excellence and operational
line. Following are initiatives that have been undertaken excellence through the following initiatives:
during the year: 1. Carries out service improvement through
digitalization, leveraging technology advantage
1. The enhancement of service quality for customers and enhancing service capabilities to achieve a
can be achieved by expanding services that seamless, consistent customer experience, and
prioritize digitalization in the following areas: high availability service.
a. Provision of e-advice for forex transaction
products, change in credit interest and audit 2. Improve internal control and compliance by
confirmation for customers. enhancing the accuracy and reliability of regulatory
b. Queueing service that is integrated with the reporting, pursuing transformation that centered on
Front End System (FES) allowing customers to continuous oversight and preventive measures, as
pre-order cash withdrawal transactions. well as automation of transaction reconciliation and
settlement processes.
2. Continuously maintain improvement in internal
control and compliance in Operations with 3. Achieve operational excellence through ongoing
implementation of the following: digitalization of work processes, while keeping
a. Verification of system users by means of environmental sustainability in mind such as
biometric face recognition applied on FES reduction of paper transaction, enhanced
system for all branch officers. integration and automation initiatives to elevate the
b. Continuous implementation of GL level of seamless and straight-through processing,
reconciliation and monitoring application on all as well as improvements on data accuracy and
Operations GL that have covered 3,000 GL by quality.
the end of the third quarter in 2024.
c. Efforts to improve SLIK reporting through a To support the achievement of these three pillars,
comprehensive assessment program. Currently through increased synergy with the Directorate of
implementation of the improvement plan is Information Technology, in 2025, Operations will also
underway for the entire process of data capture focus on two additional pillars that prioritize information
up to report preparation and submission. security and digitalization. The Operations Directorate
will also enhance human resource development by
3. Enhance operational excellence by implementing fostering a culture that promotes excellent service
several initiatives as follows: behavior, collaboration, compliance, and integrity.
a. Continuously improves customer data quality
and accuracy through data remediation and
update as well as implementation of input
validation.
b. Implementation of straight through processing
in deposit interest maintenance process.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 261
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Good Corporate Governance 262 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
07
Corporate
Governance
264 Principles of GCG Implementation 370 Provision of Funds for Social and
Political Activities
266 Legal Basis of Implementation
267 ASEAN Corporate Governance 370 Transparency of The Bank’s Financial
and Non-Financial Conditions
Scorecard Reference
268 Objectives of GCG Implementation 371 Share Buyback or Subordinated
Bond
269 GCG Structure
371 Provision of Funds to Related Prties
270 GCG Implementation and and Large Exposure
Commitment
372 External Audit
278 General Meeting
of Shareholders (GMS)
373 Internal Audit Work Unit
289 Majority and Controlling 381 Internal Control System (SPI)
Shareholders 384 Important Cases Faced by
Subsidiaries, Members of The Board
290 Board of Commissioners
of Commissioners, and Members of
297 Board of Directors The Board of Directors
304 Transparency of Information on The 385 Administrative Sanctions
Board of Commissioners and The
Board of Directors 385 Access To Corporate Information
and Data
317 Committees Under The Board
of Commissioners 386 Code of Ethics
337 Committees Under The Board 387 Price Sensitive Information Personal
of Directors Account Dealing
356 Corporate Secretary 388 Governance In Procurement
of Goods and Services
361 Compliance Function
388 Reporting of Violations System
366 Internal Fraud
389 Policy on Anti-Corruption and Bribery
368 Anti-Money Laundering, Antimoney
Laundering, Counterterrorist 391 Transparency in Bad Governance
Practices
Financing, and Counter-Proliferation
Financing of Weapons of Mass
Destruction (AML CFT and CPF)
The implementation of good corporate
governance in SMBC Indonesia is not only
guided by regulations, but also industry best
practices at the global, regional, and national
levels.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 263
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Good Corporate Governance
Principles of GCG
Implementation
The results of the Corporate Governance assessment using the
ASEAN Corporate Governance (ACGS) Score Card 2024 method,
the Bank obtained a score of 108.22 or a rating of “Leadership
in Corporate Governance” or at level 5 (>100). This score means
that SMBC Indonesia’s GCG practices exceed those required by
Level 1 (ACGS Structure). The achievement of this assessment
means that the implementation of GCG principles in SMBC
Indonesia has complied with all international requirements in
accordance with the standards set by the ACGS.
264 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
SMBC Indonesia implements the principles of good corporate governance (GCG) in accordance with prevailing
laws and regulations and industry best practices. In general, the principles of GCG implementation are openness,
accountability, responsibility, independence, and fairness.
Meanwhile, in accordance with the General Guidelines for Indonesian Corporate Governance 2021 issued by the
National Committee on Governance Policy (KNKG), there are 4 (four) pillars of GCG which include ethical behavior,
accountability, transparency, and sustainability (ETAK), which are further divided into 8 (eight) elaborations described
in the following table:
Description of Principles and Recommendations Implementation in SMBC Indonesia
Principle 1: Roles and Responsibilities of the Board of Directors and Board of Commissioners
The Board of Directors and the Board of Commissioners Applied
independently play the role and take on the responsibility to The Bank established details of the duties and responsibilities of
create sustainable values for the best long-term interest of the each company organ and all employees, including the Board of
Company and shareholders, by taking into account the interests Commissioners and the Board of Directors, clearly and in line with the
of stakeholders. vision, mission, corporate values, and company strategies.
Principle 2: Composition and Remuneration of the Board of Directors and the Board of Commissioners
Members of the Board of Directors and members of the Board of Applied
Commissioners are selected and appointed in such a way that In appointing the Board of Commissioners and the Board of Directors,
the composition of the Board of Directors as the management the Bank takes into consideration the prevailing laws and regulations,
organ and the composition of the Board of Commssioners as the among others:
supervisory organ are diverse and each consisting of Directors • OJK Regulation No. 17 of 2023 concerning the Implementation of
and Commissioners with commitment, knowledge, capability, Corporate Governance of Commercial Banks
experience, and expertise required to precisely fulfill the • OJK Circular Letter No. 32/SEOJK.04/2015 on the Corporate
managing role of the Board of Directors and the supervisory role Governance Guidelines of Public Companies.
of the Board of Commissioners. • OJK Regulation No. 33/POJK.04/2015 on the Board of Directors
and the Board of Commissioners of Issuers or Public Companies.
Remuneration is designed to effectively align the interests of Applied
members of the Board of Directors and members of the Board of In its implementation at the Bank, apart from considering the conditions
Commissioners with the company’s long-term interests and the and performance, the Bank also takes into account OJK Regulation No.
creation of sustainable values. 45/POJK.03/2015 on the Provision of Remuneration for Commercial
Banks.
Principle 3: Work Relations between the Board of Directors and the Board of Commissioners
Work relations between the Board of Directors and the Board of Applied
Commissioners are tight, open, constructive, professional and All organs in the Bank avoid the occurrence of domination by any one
mutually trusting for the Company’s best interests. party, not effected by certain interests, free from conflict of interest
and from any influence or pressure, so that decision-making can be
implemented objectively.
Principle 4: Ethical Conduct
Company has the commitment to act ethically and responsibly, to Applied
uphold the values and culture of the organization. The Bank retains the Code of Ethics applicable to the Board of
Commissioners, the Board of Directors, all employees, and independent
parties. The Code of Ethics also regulates the creation of a conducive
work environment by upholding the Bank’s values and culture.
Principle 5: Risk Management, Internal Control, and Compliance
Company implements the integrated corporate governance Applied
practices by effective application of the internal control and risk Every year, the Bank conducts periodic reviews on the adequacy of risk
management systems, as well as the compliance management management policies and internal control systems so that they always
system in support of efforts to achieve corporate goals, vision, remain relevant to industry developments. The Bank not only complies
mission, objectives and company’s performance targets in with applicable laws and regulations but also implements best business
carrying out business with integrity. practices in the industry.
Principle 6: Disclosure and Transparency
Company establishes accurate and on-time disclosure of all Applied
matters related to the corporation. The Bank conducts information disclosure both periodically and
incidentally that accurately discloses information about the Bank
including an explanation of the Bank’s performance through the
website: http://www.smbci.com or IDX’s website within the time as
stipulated in the applicable laws & regulations.
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Good Corporate Governance
Principles of GCG Implementation
Description of Principles and Recommendations Implementation in SMBC Indonesia
Principle 7: Shareholders’ Rights
Company protects and facilitates the implementation Applied
of shareholders’ rights and ensures fair treatment to the The Bank has a reference and clearly states the rights of shareholders
shareholders, including the minority shareholders. All in the GCG Manual which is reviewed regularly and uploaded to the
shareholders have the opportunity to receive effective Bank’s website.
compensation for violations of their rights.
Principle 7: Stakeholders’’ Rights
Company accepts the rights of the stakeholders established Applied
under prevailing laws and regulations or an agreement consented Recognition of the rights of stakeholders is evidenced in the Bank’s
by the company and encourages active cooperation with GCG Manual and Code of Ethics. The GCG Manual occupies the
stakeholders in generating wealth, employment, and financially highest position in the hierarchy so that it should be the basis for every
sound business sustainability. policy and procedure of the Bank. Meanwhile, the code of ethics serves
as a guide for each member of the Board of Commissioners, Board
of Directors, Independent Parties, and Employees in carrying out their
daily duties and responsibilities.
Legal Basis
of Implementation
In implementing GCG principles, SMBC Indonesia is 6. General Guidelines of Indonesia Good Corporate
guided by prevailing laws and regulations, among others Governance from the National Committee of
are as follows: Governance Policy (KNKG).
1. Law Number 11 of 2020 concerning Job Creation 7. Articles of Association of the Bank.
which amends, deletes, or establishes new 8. Policies and Procedures of the Bank.
arrangements for several provisions regulated in:
a. Law No. 40 of 2007 on Limited Liability Bank’s policies and procedures are grouped in a policy
Companies; hierarchy that consists of the following:
b. Law Number 10 of 1998 concerning • Main Policy of the Bank
amendments to Law Number 7 of 1992 The Bank’s Main Policy is the main or parent policy
concerning Banking. of all of the Bank’s policies, which are policies
2. OJK Regulation (POJK) No. 17 of Year 2023 concerning governance as well as other strategic
regarding Governance Implementation for matters that affect the proper operation of the Bank
Commercial Banks which replaced POJK No. 55/ and are the fundamental principles and guidelines
POJK.03/2016. for all provisions prevailing and effective in SMBC
3. Circular Letter of Financial Services Authority Indonesia.
No. 13/SEOJK.03/2017 regarding Governance
Implementation for Commercial Banks. The Bank’s Main Policy is the Governance Manual
4. POJK No. 21/POJK.04/2015 on the Implementation and the Integrated Governance Manual.
of Public Company Governance Guidelines.
5. Other POJKs, including those that regulate the • Operational Policy of the Bank
Audit Committee, Remuneration and Nomination The Bank’s Operational Policy is the policy that
Committee, the Board of Commissioners and the regulates each of the Bank’s activities that reflects
Board of Directors, implementation of General the Bank’s risk management strategy, including
Meeting of Shareholders, Internal Audit, Public generally explaining the Bank’s risk appetite for the
Accountant as well as Compliance Director and said activities.
Corporate Secretary.
266 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
The Board of Directors’ Manual, Board of 1. Stages/how to use a system/application that
Commissioners’ Manual, Committees’ Manual, explains in detail how to input/fill in data on
and Procedures prevailing bank-wide, are also each screen and field, or
applicable as operational policies. 2. Guidelines is more detailed than SOP for users,
both operators and supervisors, or
• Standard Operational Procedures 3. Setting on the standard parameter within the
Standard Operating Procedures (SOP) serve as system, or
guidelines that regulate in detail a process and 4. A brief guideline used as a tool to explain to
explain the stages of a structured, systematic customers about products and services, and
activity that must be carried out, including who, 5. Established with reference to related SOP.
how, where, when to be conducted, and its control
mechanism. The procedures must strictly apply Approval of the issuance of policies and procedures
the four-eyes function, adequate internal control and/or their amendments is carried out by considering
function, and refer to policies. the respective hierarchy. A review of all internal
provisions in the Bank’s policy hierarchy is conducted
• User Manual/Technical Instruction/ periodically. The main policies are reviewed once every
Implementation Guidelines/other equivalent 2 (two) years, while operational policies and other
documents procedures are conducted once a year or sooner if
The User Manual or Technical Instruction, also necessary.
referred to as the Implementation Guidelines, is
described as follows:
ASEAN Corporate Governance
Scorecard Reference
As the strong commitment to the GCG implementation, a company has robust governance practices in place,
SMBC Indonesia also aims to GCG applied within which can enhance investor confidence and contribute
ASEAN region using ACGS. ACGS or the ASEAN to the stability and growth of capital markets in the
Corporate Governance Scorecard (ACGS), of which is region.
a tool developed by the ASEAN Capital Markets Forum
(ACMF) to assess the corporate governance practices of To evaluate the ACGS, SMBC Indonesia appointed an
publicly listed companies in ASEAN member states. The independent consultant who shares the results among
ACGS evaluates companies based on a set of indicators the Board of Commissioners and relevant Board of
aligned with international best practices in corporate Directors members in a dedicated forum for continous
governance. A high score on the ACGS indicates that improvement.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 267
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Good Corporate Governance
Objectives of GCG
Implementation
For SMBC Indonesia, the importance of GCG is 5. Enhanced Corporate Reputation: Companies with
significant. It is not only designated for the Bank strong GCG practices tend to enjoy a positive
adhering the rule, but it is believed to contribute to reputation in the marketplace. This reputation can
several key aspects: attract investors, customers, and business partners,
1. Enhanced Transparency: GCG promotes creating opportunities for growth and expansion.
transparency by requiring companies to
disclose relevant information regarding its The importance of GCG in Indonesia is underscored
financial performance, corporate policies, and by various laws and regulations aimed at promoting
decisionmaking processes. This transparency transparency, accountability, and fairness in corporate
builds trust among investors, creditors, and other governance. The Indonesian Financial Services
stakeholders. Authority (OJK) has issued regulations mandating listed
companies to comply with GCG principles and disclose
2. Improved Accountability: GCG establishes relevant information to stakeholders. Additionally, the
mechanisms to hold corporate leaders accountable Indonesia Stock Exchange (IDX) established GCG
for their actions and decisions. This accountability guidelines for listed companies to follow.
ensures that management acts in the best interests
of shareholders and stakeholders, rather than Overall, GCG plays a vital role in ensuring the long-term
pursuing personal gain or agendas. sustainability and success of companies by fostering a
culture of integrity, responsibility, and trustworthiness.
3. Protection of Shareholders’ Rights: GCG Its link to the ASEAN CG Scorecard and Indonesian law
frameworks often include provisions to protect the reinforces its significance in the regional and domestic
rights of shareholders, such as equitable treatment business environments.
and access to information. These protections help
prevent abuses of power and conflicts of interest
within the Company.
4. Risk Management: GCG practices encourage
the implementation of effective risk management
processes, ensuring that companies identify,
assess, and mitigate risks appropriately. This helps
safeguard the company’s financial stability and
long-term viability.
268 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
GCG Structure
Until the end of the 2024 fiscal year, the GCG structure effective in SMBC Indonesia is as follows:
General Meeting of Shareholders
Board of
Board of Commissioners President Director
Directors
Risk Management
Audit Committee Internal Audit
Committee
Asset and Liabilities
Risk Monitoring Committtee
Committeee
Remuneration & Nomination
Credit Committee
Committee
Integrated Governance
Credit Policy Committee
Committee
Information Technology
Steering Committee
Human Resources Committee
Information Governance
Steering Committee
Fraud Committee
Sustainability Committee
Integrated Risk Management
Committee
Corporate Secretary Compliance Risk Management
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 269
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Good Corporate Governance
GCG Implementation and
Commitment
Assessment on GCG implementation within SMBC Board of Commissioners, the Committees’ Integrity and
Indonesia is mainly carried out through self-assessment Duty Implementation, the Implementation of External
or by appointing an independent consultant. Results Audit Function, the Implementation of Risk Management
from self-assessment which refers to OJK stipulations, Function including the Internal Control System,
as of June 30, 2024, the Bank’s governance rating is Provision of Funds to Related Parties and Provision of
2 (scale of 1 to 3) and as of December 31, 2024, the Large Exposure, Transparency of Financial and Non-
Bank’s governance rating is 1 (scale of 1 to 3). Financial Conditions, Governance Implementation
Report and Internal Reporting, as well as the Bank’s
The Bank also appointed a relevant consultant to Strategic Plans; Handling Conflict of Interest; Provision
assess or review the GCG implementation with of Remuneration, Shareholders; Implementation of Anti
comparative guidelines applicable in the Southeast Fraud Strategy; and Implementation of Sustainable
Asia region. Based on the results of the corporate Finance..
governance assessment using the ASEAN Corporate
Governance Score Card 2024 method, the Bank Assessment Results
obtained a score of 108.22 or a rating of “Leadership in The result of the self-assessment on GCG
Corporate Governance” or at level 5 (>100). implementation for the position as of December 31,
2024 was a “1” rating with a “Very Good” category,
applied to both the individual Bank and in consolidation.
ASSESSMENT OF GCG
IMPLEMENTATION IN 2024 Results of Self-Assessment on Governance
Implementation for the position as of December 31,
Implementation of assessment refers to Financial 2024
Services Authority Regulation (POJK) No. 17 of Year Rating Definition of Ranking
2023 as the replacement to POJK No. 55/POJK.03/2016 Individual 1 Very Good
and OJK Circular Letter No. 13/SEOJK.03/2017 Consolidated 1 Very Good
regarding Governance Implementation for Commercial
Banks. Results of the self-assessment on the Bank’s
2024 GCG implementation, which are further explained Analysis
in detail, are inseparable parts of this report on The composite rating of 1 (one) reflects the
governance implementation. management’s “very good” implementation of corporate
governance. This was reflected in the adequate
The Assessor fulfillment of the governance principles. In the event
The Bank’s GCG implementation self-assessment that there are weaknesses in the implementation of
was conducted by the Corporate Secretary Division governance principles, these weaknesses are generally
in coordination with the Compliance Division, Risk not significant and can be immediately improved by the
Management Work Unit, Internal Audit Unit, Planning Bank’s Management. The conclusion on the assessment
and Finance Division, Corporate Communication & of the implementation of governance of PT Bank SMBC
DAYA Division, and Human Resources Division. Indonesia Tbk (“Bank”) by considering the governance
assessment factors in a comprehensive and structured
Assessment Criteria manner is as follows:
With reference to OJK Circular Letter No. 13/
SEOJK.03/2017 on Governance Implementation for A. Governance Structure
Commercial Banks, the criteria used in the assessment Positive Factors of governance structure
are as follows: aspect of the Bank are as follows:
1. Governance Structure • The membership structure of the Board
2. Governance Process of Directors (BOD) and the Board of
3. Governance Outcome Commissioners (BOC) has complied with
prevailing regulation.
Implementation of the 3 (three) indicators was • The incumbent members of BOD and BOC
evaluated on these aspects: Implementation of the have obtained approval from General Meeting
Duties and Responsibilities of the Board of Directors, of Shareholders (“GMS”) and passed the
Implementation of the Duties and Responsibilities of the fit and proper test of the Financial Services
270 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Authority (“OJK”). GCG Implementation Report for the 2024
• All members of the Board of Directors and financial year is still under preparation and will
Board of Commissioners has commitment to be published through reporting media in timely
keep their integrity, financial reputation and manner.
competence. • Internal reporting has been carried out in
• Membership composition of each BOC’ a complete, accurate, and timely manner
Committee has complied with prevailing with the support of adequate resources and
regulation. Role and responsibilities of each procedures.
BOC’ Committee has been clearly stated in the • The Bank is furnished by a reliable information
Charter, in which are periodically reviewed and system in which is supported by competent
adjusted with the newest OJK Regulation No. human resources and adequate information
17 Year 2023 regarding the Implementation of technology (security system).
Good Corporate Governance for Commercial • The Bank’s strategic plan has been formulated
Banks. in the Corporate Plan and Business Plan in
• The Bank has established a Policy and accordance with the Bank’s vision and mission,
Procedures on conflicts of interest, in which is and to be supported by the Bank’s Owner.
periodically reviewed. • The Bank has a remuneration policy as outlined
• The Compliance Unit is supported by qualified in writing in the Human Resources policy.
human resources and is independent from the • The Bank developed and implemented an anti-
operations of other working unit. In addition, fraud strategy, which was embodied in 4 (four)
the appointment of the Compliance Director pillars, namely (i) prevention, (ii) detection, (iii)
has complied with prevailing regulation. investigation, reporting and sanctions, and (iv)
• The internal audit function is supported by monitoring, evaluation, and follow-up.
qualified human resources and independent • The Bank currently has sustainable finance
from the operations of other working unit. products in the form of ESG Mutual Fund, ESG
The structure of Internal Audit Unit (IAU) and Deposit, Sustainability-linked Loan, Green
IAU Working Guidelines has complied with Loan, and Social Loan.
prevailing regulation. • Referring to the letter from the Financial
• The organizational structure to support the Services Authority (“OJK”) No. S-46/
implementation of risk management and PB.11/2024 dated July 29, 2024, the
internal internal control is adequate, which appointment of the Main Entity and the
is supported by policies, as well as sufficient establishment of the SMBC Financial
procedures and risk limits set up. Conglomerate have been recorded in the OJK
• Public Accountant (AP) and the Public supervisory administration with the structure
Accountant Office (KAP) has been appointed of PT Bank SMBC Indonesia Tbk as the Main
as the executors of the external audit function Entity and PT Bank BTPN Syariah Tbk, PT Oto
by considering their capacity, legality of the Multiartha, and PT Summit Oto Finance as
working agreement, audit scope, professional Member Entities.
accounting standards of public accountants • With the completion of the acquisition process
and communication between OJK with the said of PT Oto Multiartha and PT Summit Oto
KAP has been done properly . This assignment Finance and the appointment of the Bank
is in accordance with the recommendations as the Main Entity by Sumitomo Mitsui
of the Audit Committee and approved by the Banking Corporation by letter dated March
Annual GMS on March 21, 2024. 15, 2024, and with reference to the letter from
• The Bank has a Risk Management Policy, the Financial Services Authority No. S-46/
Credit Policy, LLL Procedure, Business PB.11/2024 dated July 29, 2024, regarding the
Operational Procedure including monitoring Appointment of Main Entity and Establishment
and procedures for handling non-performing of Sumitomo Mitsui Banking Corporation
loans for all provision of funds including related Financial Conglomerate (KK SMBC), the Bank
parties. prepared the Corporate Charter, Guidelines
• The Bank has policies and procedures for Integrated Governance, Guidelines &
regarding procedures for implementation of Work Procedures of Integrated Governance
transparency in financial and nonfinancial Committee and Guidelines & Work Procedures
conditions. of Integrated Risk Management Committee, as
• The Bank has prepared the GCG well as established the Integrated Governance
Implementation Report at the end of each Committee and Integrated Risk Management
financial year, latest for the 2023 financial year Committee.
and has been published at February 28, 2024.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 271
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Good Corporate Governance
GCG Implementation and Commitment
Negative Factor of governance structure • The function of the Compliance Director and
aspect of the Bank is as follow: the compliance working unit have been carried
There is no negative factor. out in accordance with prevailing regulation.
• The duties and responsibilities of the Directors
B. Governance Process in relation to internal control has complied with
Positive factors of governance process prevailing regulation. The audit findings have
aspect of the Bank are as follows: been followed up with the direction of BOC,
• Management of the Bank by the BOD as well and to improve the effectiveness of the Internal
as the Oversight of BOD by BOC have been Audit works. Review of the effectiveness of
performed in accordance with its duties and Internal Audit activities has been performed in
responsibilities as stipulated in the respective 2022. It was reviewed by PT RSM Indonesia,
Charter, the Bank’s Policies and Procedures, which is an independent assessor. The result
and the Bank’s Articles of Association, which of the review is “Generally Conform” without
are periodically reviewed by the Bank. any issue raised nor recommendation and has
• The whole GCG implementation has been been submitted to Financial Services Authority
completely carried out by BOD and assured by (OJK) in August 2022. The next review will be
BOC. conducted in 2025.
• The Bank’s Shareholders does not intervene • The appointed AP and KAP are able to work
in the management of the Bank by BOD independently, meet the professional standards
to implement GCG principles. The Bank of public accountants and working agreements
has established a policy and procedure as as well as the defined audit scope.
well as conducted periodically review on • The duties of BOD and BOC related to the
Communication Line between the Bank and application of risk management are clearly
majority shareholder of the Bank, namely stated in internal procedures in accordance
Sumitomo Mitsui Banking Corporation with prevailing regulation and have been
(“SMBC”). On the other hand, the Bank also implemented prudently.
regulates the flow of communication with its • The Bank has periodically evaluated and
subsidiaries which are regularly reviewed by updated its policies, systems and procedures
the relevant divisions. to comply with the prevailing regulations. The
• Each BOC’s Committee has performed its Bank has also ensured the adequate processes
duties and responsibilities in accordance with for the provision of funds to related parties
the Committee’s Charter. For the improvement and the provision of large amounts of funds
of the Committees performance, the (large exposure) to comply with the prudential
Committee has conducted self assessment to banking principles, as well as making
the committee’s performance and submitted to decisions regarding these matters carried out
BOC Meeting, which is then discussed in order independently without intervention from related
to improve the performance of the committee. parties and/or other parties.
Assessment is also carried out on independent • The Bank has transparently disclosed the
committee members individually, to assess financial and non-financial conditions to the
the capacity and independence of each Stakeholders, and submit the reports as
independent party. required by the prevailing regulation in a timely
• BOD and BOC do not participate in the manner.
decision making process which contain a • The Bank conducted strategic corporate
Conflict of Interest. To manage transaction actions both directly and indirectly related to
which contain a Conflict of Interest, each party the Utopia project, with due observance of the
shall assess the transaction that will be entered prevailing laws and regulations.
by the Bank and a party which potentially
has conflict of interest with BOD and BOC.
Therefore, the List of Related Parties of the
Bank can be easily accessed by the respective
party.
272 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
• These corporate actions include affiliated • In line with the commitment in the Governance
transactions containing material value as well Policy related to compliance with the
as capital increase by issuing rights by pre- applicable Laws and Regulations, every
emptive rights (rights issue). decision-making and operational activities
• In relation to capital changes, the Bank of the Bank always refer to the prevailing
transferred the Treasury Stock by withdrawing regulations.
it into the Issued Capital and obtained approval • Internal Audit perpetually maintains the
from the bondholders in advance before the objectivity/independency in performing audit
Corporate Action became effective. function. All audit scope and findings are
• The Bank’s Business Plan for 2024-2026 and periodically reviewed in Audit Committee
its changes as well as the Bank’s Business meetings.
Plan for 2025-2027 have been prepared in a • The Bank has implemented risk management
realistic, comprehensive, achievable manner effectively. Bank soundness level both in
with taking the prudence principles into individual and in consolidation is at level 2 for
account, and has sufficient flexibility so that it several periods consisting of an assessment
is responsive to internal and external changes. of inherent risk and the quality of risk
management implementation (with a risk profile
Negative factors of governance process level 2).
aspect of the Bank is as follow: • Provision of funds to related parties and the
There are no negative factors from this aspect. large amounts of exposure has complied
with the prevailing regulation, and has been
C. Governance Outcome reported in a timely manner to OJK.
Positive factor of governance outcome • The obligation to prepare reports and submit
aspect of the Bank are as follows: reports to OJK has performed with the content
• For the 2023 financial year, the BOD and BOC as required by the prevailing regulation.
submitted its accountability report on the • The RBB revision for year 2024-2026 and the
implementation of its duties and responsibility Corporate Plan for year 2025-2027 have been
to shareholders which has been released and prepared by the BOD and approved by the
discharged (Acquit et de charge) by the Annual BOC, and it has been submitted to OJK on
GMS on March 21, 2024. Accountability report November 29, 2024.
for the 2024 financial year will be conducted • As a form of commitment to Transparency and
through Annual GMS which will be held in April Governance, on October 7, 2024, the Bank
2025. received an award in the Annual Report Award
• BOD and BOC Minutes of Meeting have 2023 organized by the National Committee for
been well documented and decisions or Governance Policy.
recommendations resulting from the Meetings • On November 21, 2024, the Bank again
have been and in the ongoing process. received a platinum rating in the Asia
• BOC Committee’s performance has been Sustinability Reporting Rating 2024 organized
improved, from the subject of discussion, the by the National Center for Corporate
increased frequency of the meeting with more Reporting as a form of appreciation for
relevant meeting material, so BOC may provide corporate transparency and accountability in
appropriate input. sustainability efforts and reporting.
• Bank’s operational activities are free from the
intervention of shareholders/related parties/ Negative factors of governance outcome
other parties which may cause a conflict of aspect of the Bank are as follows:
interest or incur loss to the Bank or reduce the There are still fines imposed by the regulator
profit of the Bank. towards the late submission and/or errors of
• The Compliance culture continues to be the reports. The Bank continuous to conduct
echoed and actively conducted. socialization on the commitment to “Zero
Penalties” and the implementation of a more active
compliance culture. The Bank also implement the
Root Cause Analysis towards the imposed fine and
take the follow up action as well as preventive and
corrective steps to mitigate the repetition of similar
issues or can be avoided as much as possible.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 273
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Good Corporate Governance
GCG Implementation and Commitment
REVIEW OF GCG IMPLEMENTATION IN regulations and changed policies and procedures,
2024 then uploads the policies and procedures in our media
portals or applications that can be accessed internally,
The Bank has always endeavored to improve the and complements them with self-assessments or
implementation of GCG principles from year to year. checks on the realization of the policies or procedures.
During the year, the Bank took several significant These efforts reflect the Bank’s dedication in
steps with the aim of aligning its operations with global maintaining compliance with applicable regulations.
standards as part of the SMBC financial group, namely
those related to improving the quality of transparency, At the General Meeting of Bondholders
and ensuring sustainable growth. GMS on December 7, 2023, the Bank approved the
transfer of Treasury Stock by withdrawing it into deposit
These measures include: capital, thereby reducing paid-up capital. In order to
maintain investor confidence while strengthening the
Adjustments and Amendments to the Articles of Bank’s reputation in the capital market, and to respect
Association the rights of bondholders in accordance with the trustee
In order to strengthen the Bank’s governance and agreement, the AGM was held on January 17, 2024.
compliance with OJK Regulation No. 17 of 2023, the The RUPO mechanism was well implemented and the
Bank adjusted the Articles of Association through the Bank ensured that the strategic decisions related to
Annual General Meeting of Shareholders (AGM) on the bonds were accepted by the bondholders without
March 21, 2024, which among others regulates the compromising the principles of governance.
provisions regarding the Board of Directors and Board
of Commissioners, which are further regulated in the Fulfillment of Free Float shares
Governance Guidelines, Board of Directors Manual and in order to improve the liquidity of shares on the stock
Board of Commissioners Manual. This GMS decision is exchange, prevention of excessive concentration of
an ongoing effort from the GMS dated June 22, 2023 share ownership, and to strengthen market surveillance
which changed the attendance quorum and decision of mechanisms, the Stock Exchange imposes provisions
the Board of Commissioners Meeting to 2/3. on the percentage of shares owned by the public that
can be traded on the Exchange. With the existence of
The Bank’s Articles of Association were again amended untransferred Treasury Stock, corporate actions such
in the context of branding transformation, where the as the issuance of pre-emptive rights, and changes in
Bank changed its name to PT Bank SMBC Indonesia the Stock Exchange’s regulations on Free Float, the
Tbk. This change was decided by the GMS on August Bank reorganized the percentage of free float share
29, 2024, and became effective on October 2, 2024 ownership, by transferring shares through the stock
since OJK approved the name change through letter exchange, using some shares for the Material Risk Taker
number S-236/PB.02/2024 dated September 25, 2024. program, and then withdrawing Treasury Stock into
depositary capital, and thanks to the full support of its
Enhancement of the Bank’s Ethical Standards majority shareholders, the Bank succeeded in meeting
in early 2024, the Bank reviewed and updated its Code this requirement in the first quarter of 2024.
of Ethics to ensure alignment with the latest regulatory
standards and ethical practices. This signifies a The exercise of Pre-emptive Rights
proactive approach to evolving ethical considerations, to support the Bank’s inorganic growth strategy
to ensure all employees adhere to the highest through the acquisition of two financing companies,
professional standards. namely PT Oto Multiartha (OTO) and PT Summit
Oto Finance (SOF). Through these acquisitions, the
Updating Policies and Procedures Bank plans to increase its business portfolio into the
in order to maintain compliance with OJK regulations corporate financing sector, thereby increasing revenue
and other regulatory requirements, the Bank updates diversification and strengthening the Bank’s position
the applicable policies and procedures to remain in the financial industry in Indonesia. The issuance
relevant to the Bank’s operations, conducts socialization of Pre-emptive Rights was conducted by the Bank
either through meetings or email broadcasts on new with due regard to the principles of governance and
demonstrates the Bank’s commitment in enhancing
corporate value for its shareholders.
274 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Transparency and Accountability in the Enhanced Supervisory Function and
acquisition of shares Independence of the Board of Commissioners
at the time of the acquisition of SMBC’s shares in with the addition of the “new family”, it is important
OTO and SOF, which was completed on March 27, for the Bank to strengthen its supervisory function
2024, with due regard to the Bank’s accountability and especially in the area of risk management. Through
responsibility, the Bank had conducted due diligence the GMS on August 29, 2024, the Bank appointed
and a comprehensive review including possible impacts 1 independent commissioner who is experienced in
as well as disclosing information on the transaction risk management and has no relationship with the
which was assessed as fair by an Independent controlling shareholder either in terms of management,
Appraiser in advance. Overall, this transaction was share ownership or other financial relationships. This
carried out in full compliance with statutory provisions. is one of the Bank’s efforts to improve the quality of
supervision in the field of risk management, with the
With the merger of OTO and SOF, the SMBC advice and recommendations provided being more
Financial Conglomerate was formed, followed by independent, hence improving the Bank’s accountability.
the implementation of integrated governance, audit, Inadvertently, this change in the composition of the
risk management and compliance. The Bank was Board of Commissioners shows the Bank’s recognition
appointed by SMBC as the Main Entity, with member of gender equality in the Board of Commissioners.
entities consisting of BTPN Syariah, OTO and SOF.
The Corporate Charter was developed and agreed
upon by all entities, followed by the establishment of THE IMPLEMENTATION OF
the Integrated Governance Guidelines, the change GOVERNANCE GUIDELINES OF PUBLIC
and reform of the Governance Committee into an COMPANIES
Integrated Governance Committee (at the Board of
Commissioners level) that evaluates the implementation In accordance with the Financial Services Authority
of effective integrated compliance within the Regulation (POJK) No. 21/POJK.04/2015 and Circular
conglomerate, and the establishment of an Integrated Letter of the Financial Services Authority (SEOJK) No.
Risk Management Committee (at the Board of Directors 32/SEOJK.04/2015 on Governance Guidelines of Public
level) that evaluates the implementation of effective risk Companies, the following is the implementation of
management within the conglomerate. The Integrated corporate governance aspects and principles based on
Governance implementation report is further set out the approach of “comply or explain” by the Bank:
separately.
Implementation of Governance Guidelines of Public Companies
Principle Recommendation Compliance Implementation
Principle 1 1.1 Public company has technical Comply Technical procedures for voting are stipulated in the
Improve the Value of procedures for open and closed Bank’s Articles of Association and guidelines each
the GMS voting, which prioritizes independence time the Bank plans to have a General Meeting of
and shareholders’ interests. Shareholders. Both documents were published on
the Bank’s website and KSEI’s e-proxy platform.
1.2 All members of the Board of Directors Comply The Annual General Meeting of Shareholders
and the Board of Commissioner of was held on March 21 2024, and was attended
Public Listed Company are present at by all members of the Company’s Board of
the Annual GMS. Commissioners and the Board of Directors,
physically or virtually.
1.3 The summary of the GMS minutes Comply The summary of the GMS minutes of meeting is
of meeting is available on the Public available on SMBC Indonesia’s website.
Listed Company’s website for at least
one year.
Principle 2 2.1 Public Companies have the policy on Comply SMBC Indonesia has a communication policy with
Enhance the Quality communication with the shareholders shareholders or investors that covers the following
of Communication or investors. matters:
of Public Companies 1. Strategy
with Shareholders or 2. Program
Investors 3. Time for communication
2.2 Public Companies discloses Comply The policy on communication with shareholders
its communication policy with is disclosed on the Bank’s website. The
shareholders or investors through the communication policy is stipulated under the
website. Corporate Governance Policy.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 275
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Good Corporate Governance
GCG Implementation and Commitment
Principle Recommendation Compliance Implementation
Principle 3 3.1 Determining the number of members Comply Determining the number of members of the Board
Strengthen the of the Board of Commissioners takes of Commissioners by considerations of the need
Membership and into account the condition of the and complexity of the Bank.
Composition Public Company
of the Board of
Commissioners 3.2 Determining the composition Comply The composition of the Board of Commissioners is
of members of the Board of based on the expertise, professional experience,
Commissioners with attention to the background to support the effectiveness of duties
various expertise, knowledge, and implementation of the Board of Commissioners.
experience needed.
Principle 4 4.1 The Board of Commissioners has the Comply SMBC Indonesia has the self-assessment policy
Enhance the Quality policy on self-assessment to evaluate to evaluate the performance of the Board of
of Duties and the performance of the Board of Commissioners, covering the following matters:
Responsibilities Commissioners. 1. Purpose and objectives of activities and
Implementation assessment
of the Board of 2. Time of implementation
Commissioners 3. Benchmark or criteria used in assessment
The policy is stipulated in the Work Ethics Charter
of the Remuneration and Nomination Committee.
4.2 Self-assessment policy to evaluate Comply The self-assessment policy is stipulated in the
the performance of the Board of Work Guideline and Manual of the Remuneration
Commissioners, disclosed through the and Nomination Committee, and disclosed in this
Annual Report of the Public Company. 2024 Annual Report in the section of Performance
Assessment of the Board of Commissioners.
4.3 The Board of Commissioners has Comply Provisions related to the resignation of members of
the policy related to the resignation the Board of Commissioners if involved in financial
of members of the Board of crime is stipulated in the Board of Commissioners’
Commissioners if involved in financial Work Guideline and Manual.
crime.
4.4 The Board of Commissioners Comply The succession policy in the nomination process of
or Committees in charge of the members of the Board of Directors is stipulated in
Nommination and Remuneration the Remuneration and Nomination Committee Work
function prepares the succession Guideline and Manual.
policy in the nomination process of
members of the Board of Directors.
Principle 5 5.1 Determining the number of members Comply Determining the number of members of the Board
of the Board of Directors with of Directors is based on considerations of the
consideration to the conditions of the needs and complexity of the Bank.
Public Company and the effectiveness
of the decision-making.
5.2 Determining the composition of Comply Composition of the Board of Directors is based
members of the Board of Directors on banking knowledge, expertise, professional
with attention to the various expertise, experience, background to support the
knowledge, and experience needed. effectiveness of duties implementation of the Board
of Directors.
5.3 Members of the Board of Directors Comply SMBC Indonesia’s Finance Director has the
in charge of accounting or finance competency in accounting and finance, disclosed
have expertise and/or knowledge in in this 2024 Annual Report in the Profile of the
accounting. Board of Directors section.
Principle 6 6.1 The Board of Directors has the policy Comply SMBC Indonesia has the self-assessment policy to
on self-assessment to evaluate the evaluate the performance of the Board of Directors,
performance of the Board of Directors. among others covering the following:
1. Purpose and objectives of activities and
assessment
2. Time of implementation
3. Benchmark or criteria used in assessment
The policy is stipulated in the Remuneration and
Nomination Committee Charter.
6.2 Self-assessment policy to evaluate the Comply The self-assessment policy is disclosed in this
performance of the Board of Directors 2024 Annual Report in the section on Performance
is disclosed through the Annual Report Evaluation of the Board of Directors.
of the Public Company.
6.3 The Board of Directors has the policy Comply Provisions related to te resignation of members
related to the resignation of members of the Board of Directors if involved in financial
of the Board of Directors if involved in crime is stipulated in the Board of Directors’ Work
financial crime. Guideline and Manual.
276 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Principle Recommendation Compliance Implementation
Principle 7 7.1 Public Company has the policy to Comply Provisions on the prevention of insider trading is
Improve Corporate prevent insider trading. stipulated in the Procedures Regarding Insider
Governance Aspect Information and Personal Account Dealing &
through Stakeholders Investment.
Participation
7.2 Provisions on the prevention of insider Comply SMBC Indonesia retains the procedures on
trading is stipulated in the Procedures Insider Information and Personal Transactions
for Ownership of Price Sensitive & Investments that regulate the prevention of
Information, Investment Transaction insider trading, Ownership of Sensitive Information
and Private Ownership. on Price, Investment Transaction and Private
Ownership.
7.3 Public Company has the policy on Comply The policy covers among others of the following:
the selection and improvement of 1. Criteria for selecting vendors
capabilities of suppliers or vendors. 2. Efforts to improve the capabilities of vendors
3. Fulfillment of rights related to vendors
Provisions related to selection and improvement of
capabilities of suppliers or vendors are disclosed
on the Bank’s website.
7.4 Public Company has the policy on the Comply The policy covers considerations in entering into
fulfillment of creditor’s rights. agreements and follow-ups in meeting obligations
to creditors. The policy is disclosed on the Bank’s
website.
7.5 Public Company has the policy on Comply The policy on the whistleblowing system includes
whistleblowing system. the following:
1. Types of violation that can be reported through
the whistleblowing system.
2. Means of reporting.
3. Protection and guaranteed confidentiality of the
whistleblower.
4. Complaints handling.
5. The party in charge of handling complaints.
6. Results and follow-up of reports.
This policy is disclosed on the Bank’s website.
7.6 Public Company has the policy on Comply The policy on long-term incentives for the Board
providing long-term incentive to the of Directors and Employees is stipulated in the
Board of Directors and employees. MESOP (Management of Employee Stock Option)
SOP.
Principle 8 8.1 Public Company makes use of Comply SMBC Indonesia’s official social media accounts:
Improve information technology in wider range Facebook: SMBCI
Implementation of as the media to information disclosure. Twitter : @smbc_indonesia
Information Disclosure Youtube : @smbc.indonesia
LinkedIn : PT Bank SMBC Indonesia Tbk
Instagram : @smbc.indonesia
8.2 Annual Report of Public Company Comply Bank’s Annual Report disclosed the ultimate
discloses the ultimate beneficial owner beneficial owner in the ownership of Public
in Public Company’s share ownership Company’s shares of at least 5%. Information on
of at least 5%, in addition to disclosing this is also disclosed on the Bank’s website.
the ultimate beneficial owner in Public
Company’s share ownership through
major and controlling shareholders.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 277
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Good Corporate Governance
General Meeting
of Shareholders (GMS)
LEGAL BASIS 3. Shareholders have the rights to obtain net
profitshare in the form of dividend and in other
The General Meeting of Shareholders (GMS) is the forms profit-share in line with the number of shares
Company’s organ bearing all authorities not delegated owned.
to the Board of Commissioners and the Board of 4. Each shareholder is subject to submission and
Directors. Through the GMS, Shareholders extend their compliance with the Bank’s Articles of Association
rights in decision-making. as well as prevailing laws and regulations.
5. Controlling shareholders are obligated to take into
Based on the Bank’s Articles of Association, there are 2 account the interests of minority shareholders and
(two) types of GMS, the Annual GMS namely the Annual other shareholders in accordance with prevailing
GMS and other GMS, referred to as Extraordinary laws and regulations.
GMS. The legal basis for extending GMS refers to the 6. Minority shareholders are responsible for using
following: their rights in accordance with prevailing laws and
1. Law No. 40 of Year 2007 on Limited Liability regulations and the Bank’s Articles of Association.
Companies. 7. To disclose the list of related parties, if the
2. Financial Services Authority Regulation No. 15/ shareholder acts as the controlling shareholder of
POJK.04/2020 on the Plan and Implementation the Bank.
of the General Meeting of Shareholders of Public
Companies.
3. Financial Services Authority Regulation No. 16/ GMS IMPLEMENTATION IN THE 2024
POJK.04/2020 on the Implementation of Electronic FINANCIAL YEAR
General Meeting of Shareholders of Public
Companies. Throughout 2024, SMBC Indonesia held 2 (two) GMS,
4. Articles of Association of PT Bank SMBC Indonesia namely 1 (one) Annual GMS held on March 21, 2024,
Tbk. and 1 (one) Extraordinary GMS held on Augsut 29,
2024, attended both in person as well as virtually by
the Shareholders, the Board of Commissioners and the
RIGHTS AND RESPONSIBILITIES OF Board of Directors.
SHAREHOLDERS
Mechanism of GMS Decision Making
SMBC Indonesia provides fair treatment to all and Vote Count
shareholders, in accordance with the mandate provided The mechanisms of making decisions, voting,
through prevailing laws and regulations such as POJK and counting the votes are regulated by the GMS
No. 17/2023 regarding Governance Implementation procedures as disclosed on the websites of the Bank
for Commercial Banks. This policy is reflected through and PT Kustodian Sentral Efek Indonesia/Indonesian
the descriptions on rights and responsibilities of Central Securities Depository (KSEI). All such
the Shareholders, among others, which include the information is conveyed to the Shareholders.
following matters:
1. Shareholders have the rights to attend GMS, either Each Shareholder or Proxy has the right to question
in person or represented by a power of attorney, and/or extend an opinion to the Chairman of the
to respond to the GMS agenda as well as to meeting prior to the voting session for each meeting
participate in the decision making in accordance agenda. In vote counting, 1 (one) share provides
with the the number of shares owned. the right of the holder to extend 1 (one) vote. If a
2. Shareholders have the rights to obtain accurate shareholder holds more than 1 (one) share, then the
and adequate information on timely manner related concerned shareholder shall have only 1 (one) vote that
to the Company as long it is related to GMS represents the total number of shares owned.
agenda and not in conflect with the interest of the
Company, so that shareholders may take accurate The decision-making mechanism using open voting
decisions at the GMS. is conducted with the Meeting Chairman’s request
for shareholders and proxies who vote against or
278 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
abstain on the proposed recommendation to raise their the agenda’s recommendation proposed by the Bank
hands. For easier vote counting, shareholders and without having to attend in person to the GMS venue.
proxies who vote against or abstain on the proposed The opportunity to vote is provided to shareholders
recommendation are asked to state their names and from the invitation date until the GMS implementation.
the number of cast votes on the ballot provided by the It is to be counted with the votes from the shareholders
Securities Administration Bureau. attending in person at the GMS implementation venue.
The officer from the Notary will then collect the filled-in Involvement Of Independent Parties In
ballots to be counted. The Notary reports the result of Vote Counting
the counting to the Meeting Chairman. In the Annual At the implementation of the Annual and Extraordinary
GMS and Extraordinary GMS implementation, the GMS, the Company appointed independent parties
Bank also administers the implementation of electronic to calculate the quorum and votes, namely Ashoya
power of attorney or E-Proxy. Shareholders may vote on Ratam, SH, Mkn as Public Notary as well as PT Datindo
Entrycom as the Securities Administration Bureau.
Annual GMS: March 21, 2024
Stages of Implementation
No. Stages of Implementation Date
1 Submission of Meeting Plan January 31, 2024
2 Announcement February 13, 2024
3 Registration in Shareholders List February 27, 2024
4 Invitation February 28, 2024
5 Implementation March 21, 2024
6 Submission of meeting resolutions March 22, 2024
Participants of the Annual GMS
Participants who attended the meeting in person are as
follows:
Name Position
Board of Commissioners
Chow Ying Hoong President Commissioner
Takeshi Kimoto Commissioner
Ninik Herlani Masli Ridhwan Independent Commissioner
Onny Widjanarko Independent Commissioner
Edmund Tondobala Independent Commissioner
Ongki Wanadjati Dana Commissioner
Board of Directors
Henoch Munandar President Director
Kaoru Furuya Deputy President Director
Darmadi Sutanto Deputy President Director
Dini Herdini Compliance Director
Atsushi Hino Director
Keishi Kobata Director
Merisa Darwis Director
Hanna Tantani Director
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Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda, Resolution, and Realization of the Annual GMS
Agenda Resolution
Agenda 1
Ratification and Approval of a. Approved the Annual Report of the Company’s Board of Directors for the 2023 financial year;
the Financial Statements and b. Approved the Implementation of Good Corporat Governance Report for the 2023 financial year;
Annual Report for the 2023 c. Approved the Annual Supervisory Report of the Board of Commissioners for the 2023 financial year;
financial Year, including without d. Approved the Company’s Consolidated Financial Statements for the 2023 financial year, which has
limitation to: been audited by the Registered Public Accountants Firm by Siddharta Widjaja & Partner, with fairly
a. The Implementation opinion, in its report No. 00037/2.1005/AU.1/07/1212-2/I/II/2024 dated February 22, 2024; and
of Good Corporate e. Acquit and discharge (volledig acquit en de charge) all members of Board of Directors and Board of
Governance Report; Commissioners of the Company for all actions taken by them in management and supervision of the
b. Supervisory Duties Company during the 2023 financial year provided that the management and supervision actions were
Report of the Board of reflected in the Company’s Annual Report and Financial Statements for the 2023
Commissioners;
c. Release and Discharge
(Volledig Acquit et de
Charge) of Board of
Directors and Board of
Commissioners for the
2023 financial year.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Determination on the To approve the determination of the Use of the Company’s Net Profit for the 2023 financial year of
Appropriation of the Company’s Rp2,358,334,505,526 (two trillion three hundred fifty-eight billion three hundred thirty-four million five
Net Profit for the financial year hundred five thousand five hundred twenty-six rupiah) as follows:
ended on December 31, 2023. 1. Distributed to shareholders in the form of dividends of 20% (twenty percent) of Net Profit or
approximately Rp471,666,901,105 (four hundred seventy-one billion six hundred sixty-six million nine
hundred one thousand one hundred five rupiah) or approximately Rp44,304837942 (forty-four point
three zero four eight three seven nine four two rupiah) per share (gross);
2. Allocated or booked funds of Rp10,356,524,308 (ten billion three hundred fifty-six million five hundred
twenty-four thousand three hundred eight rupiah) as Mandatory Reserve Fund to fulfill the provisions
of Article 70 of the Limited Liability Company Law. Thus, the Company’s Mandatory Reserve Fund,
which originally was Rp32,596,427,476 (thirty-two billion five hundred ninety-six million four hundred
twenty-seven thousand four hundred seventy-six rupiah), will increase to Rp42,952,951,784 (forty-
two billion nine hundred fifty-two million nine hundred fifty-one thousand seven hundred eighty-four
rupiah), or equal to 20% (twenty percent) of the Company’s issued and paid-up capital for 2024;
3. Determined that the remaining Company’s Net Profit for the 2023 financial year after deducting the
allowance for Dividend Funds and Mandatory Reserve Funds, will be recorded as the Company’s
Retained Earnings.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
280 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Agenda Resolution
Agenda 3
Determination on salary, 1. Approved to determine the total honorarium and allowances for the Company’s Board of
allowance, tantiem and/ Commissioners in 2024 in a total amount not exceeding Rp35,000,000,000 (thirty-five billion rupiah)
or bonus to the Board of gross before being deducted by Income Tax;
Directors and determination on 2. Approved to determine the total amount of salaries and allowances for the 2024 financial year as well
honorarium and allowances to as bonuses for the Board of Directors for services rendered in the financial year ended December 31,
the Board of Commissioners of 2023, which will be paid in 2024, in a total amount not exceeding Rp143,000,000,000 (one hundred
the Company. forty-three billion rupiah) gross before being deducted by Income Tax;
3. Approved to authorize the Company’s President Commissioner to determine the portion of honorarium
and benefits for the 2024 financial year for each member of the Company’s Board of Commissioners.
This authority is executed by taking into account the recommendations of the Remuneration and
Nomination Committee;
4. Approved to authorize the Company’s Board of Commissioners to determine the salary and benefits
for each member of the Company’s Board of Directors for the 2024 financial year as well as tantiem
and/or bonus for each member of the Company’s Board of Directors for services rendered in the
financial year ended 31 December 2023, to be paid in 2024. This authority is executed by taking into
account the recommendations of the Remuneration and Nomination Committee.
Voting results Affirmative : 7,227,415,142 shares or 99.9996873%
Non-Affirmative : 19,800 shares or 0.0002740%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 4
Appointment of Public 1. Approved the appointment of Siddharta Widjaja & Partners as the Public Accounting Firm (KAP) and
Accountant and/or Public Novie as a Public Accountant who has been registered with the Financial Services Authority. KAP
Accountant Firm for the Siddharta Widjaja & Partners will audit the Company’s financial statements for the 2024 financial year.
2024 financial year and 2. Authorized the Company’s Board of Commissioners to determine the terms and conditions and
determination of honorarium as audit fees of the Public Accounting Firm as referred to in letter A above by taking into account the
well as other requirements in recommendations of the Company’s Audit Committee.
relation to the appointment 3. Authorized the Board of Commissioners to appoint a Substitute Public Accounting Firm and/or
Substitute Public Accountant if the Public Accounting Firm that has been appointed in accordance
with the General Meeting of Shareholders’ resolution for any reason is unable to complete/conduct
the audit of the December 31, 2024 Financial Statements, including determining the amount of
honorarium and other requirements concerning the appointment of the Substitute Public Accounting
Firm and/or Substitute Public Accountant.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 5
Amendments to the Company’s 1. Approved the amendments to the Company’s Articles of Association in the context of adjustments
Articles of Association in the to the Financial Services Authority Regulation No. 17 of 2023 concerning the Implementation of
context of adjustments to the Governance for Commercial Banks by amending several articles in the Company’s Articles of
Financial Services Authority Association, as aired in the Meeting;
Regulation No. 17 of 2023 2. Granted full power and authority to the Company’s Board of Directors with the right of substitution
concerning the Implementation to restate the resolutions in the Meeting Agenda, including restating all provisions of the Company’s
of Governance for Commercial Articles of Association into a Notarial deed (deed) and submitting all related documents to the
Banks. competent authorities, including but not limited to the Ministry of Law and Human Rights, and for this
purpose take the necessary actions in accordance with the Company’s Articles of Association, Bank
Indonesia and OJK Regulations.
Voting results Affirmative : 7,227,434,842 shares or 99.9999599%
Non-Affirmative : 100 shares or 0.0000014%
Abstain : 2,800 shares or 0.0000387%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
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Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Resolution
Agenda 6
Company Reports The No decision was made because this agenda item was the presentation of reports, namely:
Company will submit the a. Bank Business Plan;
Company’s Reports to the b. Sustainable Finance Action Plan;
Shareholders regarding: c. Recovery Plan of the Company; and
a. Bank Business Plan; d. Company’s Investment Plan and/or Implementation of CXO System.
b. Sustainable Finance Action
Plan;
c. Recovery Plan of the
Company; and
d. Company’s Investment Plan
and/or Implementation of
CXO System.
Voting results This Agenda is a Report. Therefore, no votes will be counted
Extraordinary GMS: August 29, 2024
Stages of Implementation
No. Stages of Implementation Date
1 Submission of Meeting Plan July 15, 2024
2 Announcement July 23, 2024
3 Registration in Shareholders List August 6, 2024
4 Invitation August 7, 2024
5 Implementation August 29, 2024
6 Submission of meeting resolutions August 30, 2024
Participants of the Extraordinary GMS
Participants who attended in person at the meeting were:
Name Position
Board of Commissioners
Chow Ying Hoong President Commissioner
Takeshi Kimoto* Commissioner
Ninik Herlani Masli Ridhwan Independent Commissioner
Onny Widjanarko Independent Commissioner
Edmund Tondobala Independent Commissioner
Ongki Wanadjati Dana Commissioner
Board of Directors
Henoch Munandar President Director
Kaoru Furuya Deputy President Director
Darmadi Sutanto Deputy President Director
Dini Herdini Compliance Director
Atsushi Hino Director
Keishi Kobata Director
Merisa Darwis Director
Hanna Tantani Director
*) Attend via video conference facility
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Good Corporate Governance
Agenda, Resolution, and Realization of the Extraordinary GMS
Agenda Resolution
Agenda 1
Amendment to the Company’s 1. Approved the change of the Company’s name from “PT BANK BTPN Tbk” to “PT Bank SMBC
Articles of Association. Indonesia Tbk,” and therefore amended Article 1 paragraph (1) of the Company’s Articles of
Association;
2. Authorized the Company’s Board of Directors to conduct matters deemed good and necessary related
to the implementation of the Company’s branding transformation, including but not limited to:
a. Restated the resolutions in the First Agenda of the Extraordinary GMS and rearranged the
Company’s AOA into a notarial deed(s) and filed all relevant documents to the competent
authorities, including but not limited to the Ministry of Law and Human Rights;
b. Determined the date of implementation of the use of the Company’s name after obtaining approval
from OJK and/or other authorities.
And for this purpose, to take the necessary actions in accordance with the Company’s Articles of
Association, Bank Indonesia and OJK Regulations, as well as, as long as it is carried out with full
regard to the prevailing laws and regulations.
Voting results Affirmative : 9,814,623,575 shares or 99.9969434%
Non-Affirmative : 0 shares or 0.0000000%
Abstain : 300,000 shares or 0.0030566%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Changes in the composition 1. Appointed Marita Alisjahbana as the Company’s Independent Commissioner, effective after obtaining
of the Company’s Board of OJK approval and will expire at the closing of the Company’s Annual GMS to be held in 2025, without
Commissioners prejudice to the rights of the GMS or other applicable laws and regulations to dismiss her at any time
before her term of office ends.
Thus, the composition of the Company’s Board of Commissioners since the closing of the
Extraordinary GMS will be as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Onny Widjanarko
Independent Commissioner Edmund Tondobala
Commissioner Ongki Wanadjati Dana
Independent Commissioner Marita Alisjahbana*
*) Marita Alisjahbana will effectively serve as the Company’s Independent Commissioner after obtaining the
approval of OJK.
2. Authorized the Company’s Board of Directors to determine the effective date of appointment of Marita
Alisjahbana in connection with the relevant OJK approval without the need for a resolution of the
General Meeting of Shareholders.
3. Granted full power and authority to the Company’s Board of Directors with the right of substitution to
restate the resolutions in the Second Agenda of the Extraordinary GMS into a Notarial deed and filed
all related documents to the competent authorities, including but not limited to the Ministry of Law
and Human Rights, and for such purpose take necessary actions in accordance with the Company’s
Articles of Association, Bank Indonesia and OJK Regulations.
Voting results Affirmative : 9,814,623,575 share or 99.9969434%
Non-affirmative : 0 share or 0.0000000%
Abstain : 300,000 share or 0.0030566%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
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General Meeting of Shareholders (GMS)
Previous Year’s GMS
Resolution and Realization of the Annual GMS dated April 13, 2023
Agenda Keputusan
Agenda 1
Ratification and Approval of 1. Approved the Annual Report of the Company’s Board of Directors for the 2022 financial year;
the Financial Statements and 2. Approved the Corporate Governance (GCG) Implementation Report for the 2022 financial year;
Annual Report for the 2022 3. Approved the Annual Supervisory Report of the Company’s Board of Commissioners for the 2022
fiscal year, including but not financial year;
limited to: 4. Approved the Ratification of the Company’s Consolidated Financial Statements for the 2022 financial
1. Corporate Governance year audited by Siddharta Widjaja & Partners Public Accounting Firm, with a fair opinion, in its report
(GCG) Implementation No. 00025/2.1005/AU.1/07/1212-1/1/II/2023 dated February 24, 2023; and
Report; 5. Granted a release and discharge (volledig acquit et de charge) to all members of the Company’s Board
2. Board of Commissioners of Directors and Board of Commissioners for the management and supervisory actions they have
supervisory duty report for carried out during the 2022 financial year to the extent that such management and supervisory actions
the 2022 financial year; are reflected in the Company’s Annual Report and Financial Statements for the 2022 financial year and
3. To release and discharge of comply with the prevailing laws and regulations.
all responsibilities (volledig
acquit et de charge) to all
Board members in the 2022
financial year.
Voting results Affirmative : 7,627,611,745 share or 99.9998689%
Non-affirmative : 10,000 share or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Determination on the Use of Approved the Determination of the Use of the Company’s Net Profit for the 2022 financial year of
the Company’s Profit and/ Rp3,095,699,654,784.00 (three trillion ninety-five billion six hundred ninety-nine million six hundred fifty-
or Loss for the financial year four thousand seven hundred eighty-four rupiah) as follows:
ending on December 31, 2022. 1. Distributed to shareholders in the form of dividends of 20% (twenty percent) of Net Profit or
approximately Rp619,139,930,957.00 (six hundred nineteen billion one hundred thirty-nine million
nine hundred thirty thousand nine hundred fifty-seven rupiah) or approximately Rp76.8 (seventy-six
point eight rupiah) per share (gross). Furthermore, to grant power and authority to the Company’s
Board of Directors with the right of substitution to determine the schedule and procedures for dividend
distribution for the 2022 financial year in accordance with applicable regulations.
2. Did not allocate any reserves, considering that the minimum mandatory reserve requirement as
stipulated in the Company Law, which is a minimum of 20% (twenty percent) of the Company’s Issued
and Fully Paid-up Capital, has been fulfilled.
3. Determined that the remaining Net Profit of the Company for the 2022 financial year after deducting
the allowance for Dividends will be recorded as the Company’s Retained Earnings.
Voting results Affirmative : 7,627,611,745 share or 99.9998689%
Non-affirmative : 10,000 share or 0.0001311%
Abstain : 0 share or 0,0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 3
Changes in the composition First Section:
of the Company’s Board of Accepted the resignation of Kan Funakoshi from his position as the Company’s Director effective as of the
Directors. closing of the Meeting, with gratitude and highest appreciation for the services rendered during his term
of office.
Second Section:
1. Appointed Atsushi Hino as the Company’s Director who has passed the fit and proper test based on
the Decree of the Board of Commissioners of the Financial Services Authority No. KEPR-1/D.03/2023
dated March 8, 2023, effective after obtaining a complete work permit and limited stay permit and
will expire at the closing of the Company’s Annual GMS to be held in 2025, without prejudice to the
right of the GMS or other applicable laws and regulations to dismiss him at any time before his term of
office expires.
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Agenda Keputusan
Accordingly, the composition of the Company’s Board of Directors since the closing of the Meeting is
as follows:
Position Name
President Director Henoch Munandar
Deputy President Director Kaoru Furuya
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Atsushi Hino*
Director Hiromichi Kubo
Director Merisa Darwis
Director Hanna Tantani
*) Atsushi Hino will be effective as the Company’s Director upon obtaining a complete work permit and limited stay
permit.
2. Authorized the Company’s Board of Directors to determine the effective date of the appointment of Mr.
Atsushi Hino in connection with the relevant work permit without the need for the General Meeting of
Shareholders’ resolution.
3. Granted full power and authority to the Company’s Board of Directors with the right of substitution
to restate the resolutions in the Third Agenda of the Meeting into a Notarial deed and filed all related
documents to the competent authorities, including but not limited to the Ministry of Law and Human
Rights, and for such purpose to take necessary actions in accordance with the Company’s Articles of
Association, Bank Indonesia and Financial Services Authority regulations.
Voting results • First Section:
Affirmative : 7,627,611,745 share or 99.9998689%
Non-affirmative : 10,000 share or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
• Second Section:
Affirmative : 7,627,611,745 share or 99.9998689%
Non-affirmative : 10,000 share or 0.0001311%
Abstain : 0 share or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 4
Changes in the composition First Section:
of the Company’s Board of Accepted the resignation of Irwan Mahjudin Habsjah from his position as the Company’s Independent
Commissioners. Commissioner effective as of the closing of the Meeting, with gratitude and highest appreciation for the
services rendered during his term of office.
Second Section:
1. Appointed Onny Widjanarko as the Company’s Independent Commissioner, effective after obtaining
OJK approval and will expire at the closing of the AGMS in 2025, without prejudice to the rights of
the GMS or other applicable laws and regulations to dismiss him at any time before his term of office
ends.
Accordingly, the composition of the Company’s Board of Commissioners since the closing of the
Meeting is as follows:
Position Name
President Commissioner Chow Ying Hoong
Commissioner Takeshi Kimoto
Independent Commissioner Ninik Herlani Masli Ridhwan
Independent Commissioner Onny Widjanarko*
Independent Commissioner Edmund Tondobala
Commissioner Ongki Wanadjati Dana
*) Onny Widjanarko will effectively serve as the Company’s Independent Commissioner after obtaining OJK approval.
In the event that OJK does not approve the appointment, or the requirements stipulated by OJK are not met, the
resolution regarding the appointment shall be null and void without the need to be resolved through another GMS.
2. Authorized the Company’s Board of Directors to determine the effective date of Onny Widjanarko’s
appointment in connection with the relevant OJK approval without the need for a resolution of the
General Meeting of Shareholders.
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Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Keputusan
3. Granted full power and authority to the Company’s Board of Directors with the right of substitution to
restate the resolutions in the Fourth Agenda of the Meeting into a Notarial deed and filed all related
documents to the competent authorities, including but not limited to the Ministry of Law and Human
Rights, and for such purpose to take necessary actions in accordance with the Company’s Articles of
Association, Bank Indonesia and Financial Services Authority regulations.
Voting results • First Section:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-affirmative : 10,000 shares or 0.0001311%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
• Second Section:
Affirmative : 7,627,611,745 shares or 99.9998689%
Non-affirmative : 10,000 shares or 0.0001311%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 5
Determination of the amount 1. Determined that the total honorarium and allowances for the Company’s Board of Commissioners
of salary, allowances, tantiem in 2023 shall not exceed Rp41,000,000,000.00 (forty-one billion rupiah) gross before deduction of
and/or bonus to Board of Income Tax.
Directors and determination 2. Determined that the total amount of salaries and allowances in 2023 and bonuses for the Board of
of the amount of honorarium, Directors for services rendered in the financial year ended December 31, 2022, which will be paid in
allowances, tantiem and/ 2023, will not exceed Rp138,000,000,000.00 (one hundred thirty-eight billion rupiah) gross before
or bonus to Board of deduction of Income Tax.
Commissioners. 3. Authorized the Company’s President Commissioner to determine the portion of honorarium and
allowances for the 2023 financial year for each member of the Company’s Board of Commissioners.
Such authority is executed by taking into account the recommendations of the Remuneration and
Nomination Committee.
4. Granted authority to the Company’s Board of Commissioners to determine the salary and allowances,
for each member of the Company’s Board of Directors for the year 2023 as well as tantiem and/
or bonus for each member of the Company’s Board of Directors for services rendered in the year
ended December 31, 2022, to be paid in 2023. Such authority is executed by taking into account the
recommendations of the Remuneration and Nomination Committee.
Voting results Affirmative : 7,627,611,745 shares or 99.9998689%
Non-affirmative : 10,000 shares or 0.0001311%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 6
Appointment of Public 1. Approved the appointment of Siddharta Widjaja & Partners as the Public Accounting Firm (KAP), and
Accountant and/or Public SUSANTO will replace NOVIE as a Public Accountant who has been registered with the Financial
Accounting Firm for the Services Authority. KAP Siddharta Widjaja & Partners will audit the Company’s financial statements for
2023 financial year and the 2023 financial year.
determination of honorarium 2. Granted power to the Company’s Board of Commissioners to determine the terms and conditions
and other requirements related as well as audit fees of the Public Accounting Firm as referred to in number 1 above by taking into
to the appointment. account the recommendations of the Company’s Audit Committee.
3. Granted power to the Board of Commissioners to determine the Substitute Public Accounting Firm
and/or Substitute Public Accountant in the event that:
• The Public Accounting Firm that has been appointed in accordance with the resolution of the
General Meeting of Shareholders for any reason is unable to complete/conduct the audit of the
December 31, 2023 Financial Statements, including determining the amount of honorarium and
other requirements in connection with the appointment of the Substitute Public Accounting Firm
and/or Public Accountant.
• There are changes to the provisions regarding the assignment period of the Public Accounting
Firm and/or Public Accountant as stipulated in POJK No. 13/POJK.03/2017 concerning the Use of
Public Accountant Services and Public Accounting Firms in Financial Services Activities.
Voting results Affirmative : 7,627,611,745 shares or 99.9998689%
Non-affirmative : 10,000 shares or 0.0001311%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
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Agenda Keputusan
Agenda 7
Approval of the Company’s 1. Approved the Company’s Resolution Plan; and
Resolution Plan. 2. Granted authority to the Company’s Board of Directors to take actions deemed good and necessary
as mentioned in point 1.
Voting results Affirmative : 7,627,611,745 shares or 99.9998689%
Non-affirmative : 10,000 shares or 0.0001311%
Abstain : 0 shares or 0.0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 8
The Company’s reports: No decision was taken because it is a report, namely:
a. Bank Business Plan; 1. Bank Business Plan;
b. Sustainable Finance Action 2. Sustainable Finance Action Plan;
Plan; 3. Update of the Company’s Recovery Plan
c. Company’s Recovery Plan.
Voting results This Agenda is a Report so there is no vote count
Resolution and Realization of the Extraordinary GMS dated June 22, 2023
Agenda Keputusan
Agenda 1
Resignation of Members of the 1. Accepted the resignation of Hiromichi Kubo from his position as the Company’s Director effective as
Board of Directors. of the closing of the Meeting, with gratitude and highest appreciation for the services he has provided
during his term of office.
2. Granted full release and discharge (volledig acquit et de charge) for all management actions that have
been carried out until the effectiveness of his resignation, to the extent that such actions are reflected
in the relevant Annual Report and Financial Statements and to the extent that the relevant Annual
Report and Financial Statements are approved and ratified by the Company’s Annual General Meeting
of Shareholders (“AGMS”) for the 2023 financial year, which will be held in 2024.
Voting results Affirmative : 7,627,436,042 shares or 99.9999869%
Non-affirmative : 0 shares or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Appointment of Members of 1. Appointed Keishi Kobata as the Company’s Director who has passed the fit and proper test based on
the Board of Directors. the Decree of the Board of Commissioners of the Financial Services Authority No. KEPR-12/D.03/2023
dated April 5, 2023, effective after obtaining a complete work permit and limited stay permit and will
expire at the closing of the Company’s Annual GMS to be held in 2025, without prejudice to the right
of the GMS or other applicable laws and regulations to dismiss him at any time before his term of
office ends.
Accordingly, the composition of the Company’s Board of Directors since the closing of the Meeting is
as follows.
Position Name
President Director Henoch Munandar
Deputy President Director Kaoru Furuya
Deputy President Director Darmadi Sutanto
Compliance Director Dini Herdini
Director Atsushi Hino
Director Keishi Kobata **
Director Merisa Darwis
Director Hanna Tantani
**) Keishi Kobata will be effective as the Company’s Director upon obtaining a complete work permit and limited stay
permit.
2. Granted authority to the Company’s Board of Directors to determine the effective date of the
appointment of Mr. Keishi Kobata in connection with his work permit without the need for a resolution
of the General Meeting of Shareholders.
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Good Corporate Governance
General Meeting of Shareholders (GMS)
Agenda Keputusan
3. Granted full power and authority to the Company’s Board of Directors with the right of substitution
to restate the resolutions in the Second Agenda of the Meeting into a Notarial deed (deed) and filed
all related documents to the competent authorities, including but not limited to the Ministry of Law
and Human Rights, and for such purpose take necessary actions in accordance with the Company’s
Articles of Association, Bank Indonesia and Financial Services Authority regulations.
Voting results Affirmative : 7,627,436,042 shares or 99.9999869%
Non-affirmative : 0 shares or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 3
Amendment of the Company’s 1. Approved the amendments to the Company’s Articles of Association, as the main points of the
Articles of Association amendments have been aired in the Meeting.
2. Approved to grant authority to the Company’s Board of Directors to restate the amendments as
mentioned in point 1, as well as to compile the Company’s Articles of Association as a whole.
Voting results Affirmative : 7,627,436,042 shares or 99.9999869%
Non-affirmative : 0 shares or 0.0000000%
Abstain : 1,000 shares or 0.0000131%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Resolution and Realization of the Extraordinary GMS dated December 7, 2023
Agenda Keputusan
Agenda 1
Approval for treasury stock 1. Approved the withdrawal of 92,292,198 (ninety-two million two hundred ninety-two thousand one
withdrawal. hundred ninety-eight) shares from the Company’s share buyback.
2. Approved the amendment to Article 4 paragraph (2) of the Company’s Articles of Association as a
result of the implementation of stock withdrawal item 1 above, in accordance with the table as aired in
the Meeting.
3. Approved the granting of authority to the Company’s Board of Directors to carry out all actions related
to stock withdrawal from the repurchase of shares, then make and sign the deeds and documents
required and submit the approval of amendments to the Company’s Articles of Association to the
Minister of Law and Human Rights of the Republic of Indonesia, including to OJK (if necessary) and to
make amendments and/or additions in any form whatsoever to obtain such approval.
Voting results Affirmative : 7,627,419,742 shares or 99.9996132%
Non-affirmative : 0 shares or 0.0000000%
Abstain : 29,500 shares or 0.0003868%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
Agenda 2
Approval of the plan to 1. Approved the plan to Increase Capital with Pre-emptive Rights II (“PMHMETD II”) with a total
Increase Capital with Pre- of 3,095,000,000 (three billion ninety-five million) shares to be issued in the PMHMETD II with a
emptive Rights II (“PMHMETD nominal value of Rp20.00 (twenty rupiah) per share, with due observance of the prevailing laws and
II”) or Right Issue II. regulations.
2. Approved the amendment to Article 4 paragraph (2) of the Company’s Articles of Association in
relation to the increase in the Company’s issued and paid-up capital as a result of the implementation
of PMHMETD II.
3. a. Approved the granting of authority to the Company’s Board of Commissioners for the
implementation of PMHMETD II;
b. Approved to grant authorization to the Company’s Board of Directors to take necessary actions
related to the implementation of PMHMETD II.
For this purpose, the Company’s Board of Directors is entitled to present to the Notary or authorized
official, provide or request the necessary information, sign, issue and/or submit documents and
conducts all matters required to achieve the implementation of PMHMETD II.
Voting results Affirmative : 7,627,436,042 shares or 99.9998269%
Non-affirmative : 13,200 shares or 0.0001731%
Abstain : 0 shares or 0,0000000%
Decision Making : Majority Vote
Realization/Follow-up Carried out and followed-up according to the resolution of the GMS.
288 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Majority and Controlling
Shareholders
Sumitomo Mitsui Financial Group
(SMFG)
Public Sumitomo Mitsui Banking PT Bank Negara PT Bank Central
(< 5%) Corporation (SMBC) Indonesia (Persero) Tbk Asia Tbk
7.81% 91.05% 0.11% 1.03%
PT Bank SMBC Indonesia Tbk
1.00%
70.00% 51.00% 51.00%
PT Bank BTPN Syariah Tbk PT Oto Multiartha PT Summit Oto Finance
99.00%
PT BTPN Syariah Ventura
As of 31 December 2024
Note:
Ultimate Shareholders
Controlling Shareholders
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 289
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Good Corporate Governance
Board
of Commissioners
The Board of Commissioners is an organ of the CRITERIA OF THE BOARD OF
Company that is responsible for supervising the COMMISSIONERS
Company’s policies and providing advice to the
Board of Directors. The duties, responsibilities, and In line with prevailing provisions, members of the Board
other authorities of the Board of Commissioners are of Commissioners are required to pass the Competency
regulated by the prevailing laws and regulations, and Compliance Test (Fit and Proper Test) prior to
including Financial Services Authority Regulation No. performing their duties. The Bank’s management must
33/POJK.04/2014 on the Board of Directors and Board meet the requirements of integrity, competence and
of Commissioners of Issuers or Public Companies and financial reputation in accordance with OJK regulation
Law No. 40 of 2007 on Limited Liability Companies. No. 27/POJK.03/2016 concerning the assessment of
capability and appropriateness for the main parties of
The Board of Commissioners is appointed and financial services institutions. As of December 31, 2024,
dismissed by the General Meeting of Shareholders all members of the Board of Commissioners complied
(GMS) based on the Remuneration and Nomination with the requirement of passing the fit and proper test.
Committee’s recommendation. The appointment is
effective from the date stipulated in the GMS that
appoints the member of the Board of Commissioners INDEPENDENCY OF THE BOARD OF
and ends at the closing of the 3rd (third) annual GMS COMMISSIONERS
after the date of appointment.
The composition of the Board of Commissioners On the subject of the independence of the Board
is determined by considering the Bank’s needs of Commissioners, SMBC Indonesia complied with
and complexity. The composition of the Board of prevailing laws and regulations, among others, including
Commissioners is based on expertise, professional the following:
experience, and background. 1. Members of SMBC Indonesia’s Board of
Commissioners have fulfilled the number,
composition, criteria, and independency in
LEGAL BASIS accordance with provisions of the Financial
Services Authority (OJK).
Provisions on the Board of Commissioners, among 2. The Board of Commissioners consisted of 7
others, are regulated in Law No. 40 of the year 2007 on (seven) members with 4 (four) members or 50%
Limited Liability Companies and the Financial Services Independent Commissioners. This number
Authority Regulation No. 33/POJK.04/2014 on the complied with regulatory requirements, among
Board of Directors and the Board of Commissioners of others, as stipulated in OJK Regulation No. 55/
Issuers or Public Companies, including the Articles of POJK.03/2016 on the Governance Implementation
Association of the Company. in Commercial Banks which states the minimum
number of Independent Commissioners is 50% of
All provisions above require companies under the total members of the Board of Commissioners.
the jurisdiction of Indonesian law to have a Board 3. Replacement and appointment of members of the
of Commissioners. The duties of the Board of Board of Commissioners have taken into account
Commissioners are to oversee management policy and the recommendations from the Remuneration and
management process within the company as well as to Nomination Committee.
supervise and provide suggestions/advice to the Board 4. Each member of the Board of Commissioners did
of Directors. not have family relations up to the second degree
with other members of the Board of Commissioners
In addition, SMBC Indonesia also prepared a code of and/or members of the Board of Directors.
ethics and BOC Manual as a reference for members of 5. Members of the Board of Commissioners did not
the BOC in carrying out their duties and responsibilities, have concurrent positions beyond what is allowed
in addition to the laws and regulations as mentioned in OJK Regulation.
above.
At the time of the fit and proper test, members of the
Bank’s Board of Commissioners signed the statement
290 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
related to corporate governance implementation. This 5. Authority Arrangement and Decision Procedure of
statement is updated annually and was last updated for the Board of Commissioners
the end of December 2024 position. 6. Establishment of Committees
7. Ethical Values of Board of Commissioners Members
8. Meetings
BOARD OF COMMISSIONERS MANUAL 9. Board of Commissioners Accountability
10. Training
In performing its duties and responsibilities, the Board 11. Prohibition of the Board of Commissioners
of Commissioners refers to the Board of Commissioners 12. Board of Commissioners Performance Evaluation
Manual. The manual is periodically updated, and
improvements refer to prevailing laws and regulations.
The Board of Commissioners Manual was last updated COMPOSITION OF THE BOARD OF
on June 28, 2024. COMMISSIONERS
Based on review results, the content of the Board The Bank’s Board of Commissioners consisted of 7
Manual of the Board of Commissioners is as follows: (seven) members, not exceeding the Board of Directors
1. Organization 8 (eight) members, with 4 (four) of the 7 (seven)
2. Independent Commissioner members, or 50% of the Board of Commissioners were
3. Functions of the President Commissioner Independent Commissioners. The majority of members
4. Duties, Responsibilities, and Authorities of the Board of Commissioners were Indonesian citizens
residing in Indonesia.
Name Position Term of Office Legal Basis of Appointment
Chow Ying Hoong President 2019-2022 • Appointed as Deputy President Commissioner since
Commissioner 2022-2025 February 1, 2019, and reappointed through the Annual
GMS dated February 15, 2019.
• Appointed as the President Commissioner through
the Extraordinary GMS on November 18, 2020, and
reappointed through the Annual GMS on April 21, 2022.
Takeshi Kimoto Commissioner 2019-2022 Appointment effective since February 1, 2019, and
2022-2025 reappointed through the Annual GMS on February 15, 2019,
and April 21, 2022.
Ninik Herlani Masli Ridhwan Independent 2019-2022 Appointment effective since February 1, 2019, and
Commissioner 2022-2025 reappointed through the Annual GMS on February 15, 2019,
and April 21, 2022.
Onny Widjanarko Independent 2023-2025 Appointed through the Annual GMS on April 13, 2023, and
Commissioner effective since May 8, 2023.
Edmund Tondobala Independent 2020-2022 Appointed through the Extraordinary GMS on November 18,
Commissioner 2022-2025 2020, and reappointed through the Annual GMS on April 21,
2022.
Ongki Wanadjati Dana Commissioner 2022-2025 Appointed through the Annual GMS on April 21, 2022.
Marita Alisjahbana* Independent 2024-2025 Appointed through the Extraordinary GMS on August 29,
Commissioner 2024, and effective since September 2, 2024.
* Effective upon OJK approval.
ORIENTATION FOR THE BOARD OF activities, the Bank’s future plans, work guidelines,
COMMISSIONERS and other matters that are part of the Board of
Commissioners’ responsibilities.
SMBC Indonesia ensures that each newly appointed
member of the Board of Commissioners is provided Through the orientation program, new members of
with the necessary information regarding the Bank to the Board of Commissioners are expected to work in
properly carry out his/her duties and responsibilities. harmony with the Bank’s other Governance organs.
The Corporate Secretary is tasked with providing the Furthermore, as part of the orientation program,
information needed by the Board of Commissioners the Corporate Secretary unit provides the required
members. documents, for example:
1. Bank’s Vision and Mission
For this purpose, the Bank has an orientation program 2. Bank’s Code of Ethics
for new members of the Board of Commissioners. 3. Bank’s Organizational Structure
This program aims to provide an overview of business 4. Bank’s Articles of Association
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5. Bank’s Policies and Procedures with good intention and based on the principles
6. Board of Commissioners’ Working Guidelines (BOC of prudence as well as professionalism. In this
Manual) and Board of Commissioners’ Committee context, the Board of Commissioners is obligated,
Charter among others, to act as follows:
7. Bank’s Annual Reports a. Always act in with integrity and professionalism
8. Bank’s Business Plan and in sincerity
b. Always comply with the principle of prudence
In 2024, there was a new member of the Board of in making decisions
Commissioners, Ms. Marita Alisjahbana, who was c. Do not instigate the Bank to violate applicable
appointed as Independent Commissioner of SMBC provisions
Indonesia through the EGMS dated August 29, 2024, d. Attending and actively involved in Meetings of
and effective on September 2, 2024. the Board of Commissioners
e. Ensuring the implementation of the internal
control system efficiently and effectively
DUTIES AND RESPONSIBILITIES OF
THE BOARD OF COMMISSIONERS 7. Duty of loyalty
It is mandatory for decision-making by the Board
In general, the Board of Commissioners retains the of Commissioners to be based solely on the Bank’s
following duties and responsibilities, among others: interest. In this context, it is obligated to put aside
1. The Board of Commissioners is tasked for the personal or group interests above the interest of the
interest of the Bank, to oversee policies and the Company, whereas the Board of Commissioners is
management carried out by the Board of Directors, not allowed to do the following:
provide advice to the Board of Directors and be a. Having direct and indirect transactions with the
responsible for such supervision in accordance Bank without first conveying disclosure of the
with the purposes and objectives of the Bank set relationship and obtaining approval from the
forth under the provisions of laws and regulations, Board of Commissioners and/or the GMS
Articles of Association and Resolutions of the GMS. b. Take advantage of the Bank, including but not
2. Cohesively directing, monitoring, and assessing limited to using the Bank’s assets and facilities
governance implementation, risk management, and for personal, family, and/or other party’s
compliance as well as the Bank’s strategic policies. interests that may harm or reduce the Bank’s
3. Providing sufficient time to optimally carry out earnings
duties and responsibilities. c. Convey information that is not public
4. Supervising follow-ups by the Board of Directors on information to a third party
audit findings or inspections and recommendations d. Take and/or accept personal gain from the
frorm the Bank’s internal audit work units, external Bank other than remuneration and other
auditor, results of supervision by the Financial facilities as set forth by the GMS
Services Authoriy and/or results of supervision by e. Use of internal information for personal gain
other authorities and institutions.
5. In conducting supervision as mentioned in point 8. Evaluating, directing, and monitoring Information
b, the Board of Commissioners is prohibited Technology (IT) strategic plans.
from taking part in the Bank’s operational 9. Evaluating, directing, and monitoring the
decisionmaking activities, unless: implementation of IT governance.
a. The provision of funds to the related parties 10. The Board of Commissioners is obligated
as regulated in the provisions of the Financial to conduct assessment on the Board of
Services Authority concerning the Commercial Commissioners committee’s performance at least
Banks’ Maximum Limit for Providing Credit; at the end of every fiscal year
and 11. The Board of Commissioners may carry out its
b. Other matters set forth under the Bank’s duties and other supervisory authorities.
Articles of Association or applicable laws and
regulations. Specifically, each member of the BOC has an assigned
6. Duty of care duties. The details are explained in the table below:
The Board of Commissioners is responsible
for carrying outs its duties and responsibilities
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Division of Duties of the Board of Commissioners
Name Position Duties
Chow Ying Hoong President Commissioner Performing duties and responsibilities as a member of the
Remuneration and Nomination Committee
Takeshi Kimoto Commissioner Performing duties and responsibilities as a member of the Risk
Monitoring Committee
Ninik Herlani Masli Ridhwan Independent Commissioner Performing duties and responsibilities as:
a. Chairman of the Audit Committee
b. Chairman of the Remuneration and Nomination Committee
c. Member of the Integrated Governance Committee
Onny Widjanarko Independent Commissioner Performing duties and responsibilities a:
a. Chairman of the Risk Monitoring Committee
b. Chairman of the Integrated Governance Committee
Edmund Tondobala Independent Commissioner Performing duties and responsibilities as a Member of the Risk
Monitoring Committee
Ongki Wanadjati Dana Commissioner Performing duties and responsibilities as:
a. Member of the Audit Committee
b. Member of the Risk Monitoring Committee
Marita Alisjahbana Independent Commissioner Performing duties and responsibilities as a Member of the Risk
Monitoring Committee
DECISIONS REQUIRING BOARD OF 5. Borrowing money from other parties (not included
COMMISSIONER’S APPROVAL in letter B2) or receiving a credit facility or other
banking facility, which results in the money lending
1. Approving Business Plans, including: to other parties in the amount exceeding the
• Approving the opening or closing of a branch amount from time to time determined by the Board
or representative office of SMBC Indonesia. of Commissioners.
• Approving establishment or dissolution of 6. Writing off or taking out from the Company’s
department of organization structure of the records the SMBC Indonesia’s receivables
SMBC Indonesia. exceeding the amount from time to time determined
2. Lending money or grant credit facilities or other by the Board of Commissioners.
similar banking facilities or which result in the right 7. Transferring or releasing SMBC Indonesia’s right to
to claim an amount of money; collect SMBC Indonesia’s written-off receivables in
• To parties related/affiliated with SMBC excess of an amount determined from time to time
Indonesia as stipulated in the Financial by the Board of Commissioners.
Services Authority Regulation (POJK) 8. Buying, selling, or transferring or releasing the title,
regarding the Maximum Lending Limit (LLL) of or providing for security or collateral, the assets of
Commercial Banks; or SMBC Indonesia either in one transaction or several
• Which exceeds the amount as set forth by the independent or inter-related transactions, in amount
Board of Commissioners from time to time. exceeding the amount from time to time determined
3. Binding SMBC Indonesia as a surety or guarantor by the Board of Commissioners (without prejudice
(borgtocht) or otherwise to be responsible for the to Article 15 paragraph 4 of SMBC Indonesia’s
payment of obligation of other party; Articles of Association).
• To a party related/affiliated in accordance 9. Approving SMBC Indonesia’s key policies and other
with POJK regarding Legal Lending Limit of policies in accordance with laws and regulations
Commercial Bank 10. Conducting any strategic action or transaction
• Which exceeds the amount as set forth by the that will significantly impact SMBC Indonesia’s
Board of Commissioners from time to time. continuity, as determined from time to time by the
4. Establishing a new company, making or increasing Board of Commissioners.
the participation in the capital (except the increase
of investment in the capital in connection with
the issuance of stock dividends or bonus shares
or in connection with efforts on credit recovery),
or decreasing the investment of the capital in
other companies, subject to the approval of the
competent authority.
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11. Approving periodic reports required by local Assessment Criteria
authorities (BOC Supervisory Report, BOC The parameters or criteria used in the assessment,
evaluation of Committee, BOC evaluation among others, include the duty implementation of
of Compliance function, Annual report on the committee in accordance with the Duty and
implementation of GCG, etc). Responsibility Guidelines of the concerned committee.
12. Reporting and approving other matters related In addition, the committee’s assessment includes the
to Financial Conglomerate/KUB Huge and independency parameter of the concerned committee
Extraordinary Payment or Investment. member to provide professional and independent
13. The category of huge and extraordinary payments feedback to the Bank.
or investments is determined by BOC from time to
time. In this respect, the Bank sets the time limit for
14. Recovery plan and resolution plan. committee members’ assignments (aside from the
Audit Committee) to maintain the independence of the
concerned committee member.
ASSESSMENT OF COMMITTEES UNDER
THE BOARD OF COMMISSIONERS
INDEPENDENT COMMISSIONER
Until the end of the 2024 fiscal year, the Board of
Commissioners had 4 (four) committees under Referring to OJK Regulation No. 17 of Year 2023 on
the Board of Commissioners: Audit Committee, Governance Implementation for Commercial Banks,
Remuneration and Nomination Committee, Risk the number of Independent Commissioner must be
Monitoring Committee, and Integrated Governance at least 50% of the total members of the Board of
Committee. Commissioners. In 2024, the number of Independent
Commissioner of SMBC Indonesia was 4 (four) of the 7
The Board of Commissioners views that, generally, all (seven) members of the Board of Commissioners. Thus,
committees have carried out their duties and functions the total has complied with OJK’s provision.
appropriately. All committees, especially those carrying
out supervisory duties, then provide feedback and Criteria of the Independent
recommendations to the Board of Commissioners. Commissioners
In implementing the duties and responsibilities of the
Assessment Procedures Board of Commissioners, the role of Independent
The assessment of committees under the Board of Commissioners is crucial, especially when it concerns
Commissioners is conducted through 2 (two) methods: efforts to prevent conflict of interest and enhance
overall committee performance assessment and independence and objectivity.
individual committee member assessment.
Independent Commissioners are obligated to comply
The collegial assessment of committees is carried out with requirements, among others, including the
through self-assessment procedures. The activity is following:
carried out by each committee by taking into account 1. No financial, management, share ownership and/
the fulfillment of the assessment items or parameters or family relations with members of the Board of
that have been prepared. Commissioners, the Board of Directors, and/or
controlling shareholders or relations with the Bank
The individual assessment is carried out by the that may influence its ability to act independently;
chairman of the committee concerned on a set of 2. Not a person who works or has authorities and
predetermined assessment parameters related to the responsibilities to plan, lead, control, or monitor the
performance of the committee member concerned. The Bank’s activities in the past 1 (one) year, except for
assessment results are submitted to the Remuneration the reappointment of Independent Commissioners
and Nomination Committee for consideration in for the following period;
preparing nomination recommendations for the Board of 3. Does not own shares, directly and indirectly, in the
Commissioners. Bank;
4. No affiliation with the Bank, members of the Board
of Commissioners, members of the Board of
Directors, or main shareholders of the Bank; and
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5. No business relations, directly or indirectly, related to the Bank’s business activities.
Independency of Independent Commissioners
In line with OJK Regulation No. 33/POJK.04/2014 on the Board of Directors and the Board of Commissioners of
Issuers or Public Companies, Independent Commissioners are members of the Board of Commissioners from outside
of Issuers or Public Companies and comply with requirements as Independent Commissioners.
The Bank records and controls the term of office of the independent commissioner so that it does not exceed 9 (nine)
years. A description of the independency of Independent Commissioners is provided in the table below:
Ninik Herlani Onny Edmund Marita
Independency Aspect
Masli Ridhwan Widjanarko Tondobala Alisjahbana
No ownership of direct or indirect shares of the Bank. √ √ √ √
No direct or indirect business relations with the Bank’s business √ √ √ √
activities.
No concurrent positions: as the Board of Directors or Executive √ √ √ √
Officer conducting supervision.
No family relations up to two second-degree levels with mutual √ √ √ √
members of the Board of Commissioners.
PLAN AND REALIZATION OF WORK 5. Approval of the revision of the Bank’s Business
PROGRAM IN 2024 Plan (RBB) for 2023-2025.
6. Review and approve the Bank’s Business Plan for
In 2024, the Board of Commissioners actively 2024-2026 and the Changes to the Corporate Plan
supervised the Bank’s management and operations for 2022-2026.
while providing advice and recommendations to the 7. Approval of the Board of Commissioners regarding
Board of Directors. This oversight aimed to ensure the the Annual Work Plan of the Audit Committee and
implementation of Good Corporate Governance across the Risk Monitoring Committee.
all Bank activities. The supervision focused on achieving 8. The Board of Commissioners continuously
business targets while considering risk management monitors the implementation of governance and
and compliance with applicable regulations. Oversight compliance with applicable regulations, including
was carried out directly through monitoring the follow- financial ratios, Bank Health Level - RBBR,
up on the Board of Commissioners’ recommendations implementation of APU PPT and implementation of
to the Board of Directors, as well as through established risk management
committees. 9. Carry out supervisory functions over the
implementation of Corporate Governance and
During 2024, the Board of Commissioners has Financial Conglomeration through the Integrated
supervised strategic aspects of the Bank, including: Governance Committee.
1. Review of the financial performance of the Bank
and Subsidiaries.
2. Through the Risk Monitoring Committee, the Board COMPETENCY DEVELOPMENT
of Commissioners also conducted a review of risk
management, the adequacy of the internal control Policy
system and the implementation of a culture of As stipulated in the Working Guidelines and Regulations
compliance of the Board of Commissioners, competency
3. Ensure that the Board of Directors has followed up development programs for the Board of Commissioners
on the findings of the Internal Audit, SMBC Audit are conducted to support task implementation
and External Audit and recommendations from the and achieve sustainable growth and effective bank
Internal Audit through the Audit Committee. management. SMBC Indonesia facilitates competency
4. The Board of Commissioners gave approval development for members through training programs
to the recommendations of the Remuneration for the Board of Commissioners, in line with the
and Nomination Committee in determining continuously evolving industry and governance
the remuneration of members of the Board of practices.
Commissioners and Board of Directors.
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Competency development for the Board of Commissioners is also carried out through training programs for its
members, reflecting SMBC Indonesia’s commitment to support the oversight function of the Board of Commissioners.
This commitment is also evident in the training attended by each member of the Board of Commissioners, as shown
in the realization table below.
Realization
No. Name and Position Training Date
1 Chow Ying Hoong 1. Risk Management Certification Level 6 Training 1. March 12-13, 2024
President Commissioner 2. BTPN Leadership Series #2 2. July 10, 2024
3. Refreshment to Risk Management Certification Level 6 3. October 16-18, 2024
4. Economic Outlook by Raden Pardede 4. November 21, 2024
5. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 5. December 11, 2024
for Strategic Growth
2 Takeshi Kimoto 1. Refreshment to Risk Management Certification Level 6 1. May 28-29, 2024
Commissioner 2. BTPN Leadership Series #2 2. July 10, 2024
3. Economic Outlook by Raden Pardede 3. November 21, 2024
4. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 4. December 11, 2024
for Strategic Growth
3 Ninik Herlani Masli Ridhwan 1. BTPN Leadership Series #2 1. July 10, 2024
Independent Commissioner 2. Refreshment to Risk Management Certification Level 6 2. August 21-23, 2024
3. Economic Outlook by Raden Pardede 3. November 21, 2024
4. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 4. December 11, 2024
for Strategic Growth
4 Onny Widjanarko 1. BTPN Leadership Series: Winning the Future – Serving Today 1. March 7, 2024
Independent Commissioner 2. Risk Management Certification Level 6 Training 2. April 29, 2024
3. BTPN Leaderhsip Series #2 3. July 10, 2024
4. Refreshment to Risk Management Certification Level 6 4. September 9-11, 2024
5. Economic Outlook by Raden Pardede 5. November 21, 2024
6. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 6. December 11, 2024
for Strategic Growth
5 Edmund Tondobala 1. BTPN Leadership Series #2 1. July 10, 2024
Independent Commissioner 2. Refreshment to Risk Management Certification Level 6 2. September 9-11, 2024
3. Economic Outlook by Raden Pardede 3. November 21, 2024
4. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 4. December 11, 2024
for Strategic Growth
6 Ongki Wanadjati Dana 1. BTPN Leadership Series #2 1. July 10, 2024
Commissioner 2. Refreshment to Risk Management Certification Level 6 2. July 17-18, 2024
3. Economic Outlook by Raden Pardede 3. November 21, 2024
4. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 4. December 11, 2024
for Strategic Growth
7 Marita Alisjahbana 1. Economic Outlook by Raden Pardede 1. November 21, 2024
Independent Commissioner 2. SMBCI Leadership Series #4 Future of Banking: Leveraging Gen AI 2. December 11, 2024
for Strategic Growth
3. Refreshment to Risk Management Certification Level 6 3. December 17-19, 2024
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Board
of Directors
The Board of Directors is an important company organ CRITERIA OF THE BOARD OF
in corporate governance, holding full responsibility for DIRECTORS
the Bank’s management in line with the Bank’s purpose
and objectives. This authority is used to achieve the Referring to OJK Regulation No. 27/POJK.03/2016
interests and objectives of the Bank. This is aligned with concerning Fit Proper Test for Main Parties of Financial
the provisions set under the regulation that states the Servivces Institutions, each member of the Board of
Board of Directors may represent the Bank, both in or Directors are obligated to fulfill the set criteria and pass
out of the court, in accordance with the provisions of the fit and proper test prior to effective carry out their
the articles of association. assigned duties. Determining the criteria for the Board
of Directors, among others, relies on OJK Regulation
Among the regulations governing the Board of Directors No. 33/POJK.04/2014 regarding the Board of Directors
are as follows: Financial Services Authority Regulation and the Board of Commissioners of Issuers or Public
No. 33/POJK.04/2014 regarding the Board of Directors Companies. Upon appointment, the Board of Directors
and the Board of Commissioners of Issuers or Public must at least fulfill a number of requirements, namely as
Companies, as well as Law No. 40 of Year 2007 follows:
regarding Limited Liability Companies. 1. Has good character, moral and integrity.
2. Competent in legal actions.
Each member of the Board of Directors carries out the 3. In 5 (five) years prior to appointment and during
duties according to the division of tasks and authorities. office term:
The objective is to achieve management effectiveness a. Never been declared bankcrupt
and maximum achievement results. SMBC Indonesia’s b. Never been a member of the Board of Directors
Board of Directors incessantly upholds high professional and/or member of the Board of Commissioners
attitude, strategic thinking, and the Bank’s interests as found guilty of causing a company to be
a priority. declared bankrupt
c. Never been convicted of a crime that caused
the state’s financial loss and/or related to the
LEGAL BASIS financial sector
d. Never been a member of the Board Directors
Provisions on the Board of Directors are, among others, and/or member of the Board of Commissioners
regulated by Law No. 40 of the year 2007 on Limited that during the term of office:
Liability Companies and OJK Regulation No. 33/ • Never hold Annual GMS
POJK.04/2014 on the Board of Directors and the Board • Accountability as a member of the Board
of Commissioners of Issuers or Public Companies, of Directors and/or member of the Board
including the Company’s Articles of Association. of Commissioners not accepted by the
GMS or failed to submit accountability as
Furthermore, the Bank also refers to OJK Regulation a member of the Board of Directors and/or
No.17 of 2023 on Governance Implementation in member of the Board of Commissioners to
Commercial Banks, stipulating that the Board of the GMS
Directors is fully responsible for the management of • Has caused a company that received the
the Bank. For this reason, the Board of Directors is permit, approval, or registration from the
obligated to implement good corporate governance Financial Services Authority but failed to
principles in each implementation of the Bank’s comply with the obligation to submit an
business activities at all levels or paths of the annual report and/or financial statements
organization. to the Financial Services Authority.
4. Has the commitment to comply with the laws and
The Bank also prepares a code of ethics and BOD regulations.
Manual as a reference for BOD members in carrying out 5. Has the knowledge and/or expertise in the fields
their duties and responsibilities, in addition to the laws required by the Issuer or Public Company.
and regulations mentioned above.
Compliance with such requirements must be disclosed
in a statement letter and submitted to the Bank. Then
the Bank is obligated to review and keep it on record.
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INDEPENDENCY OF THE BOARD OF BOARD OF DIRECTORS’ MANUAL
DIRECTORS
In carrying out its duties and responsibilities, the Board
All members of the Board of Directors have no of Directors is guided by the Board Manual. The Board
ownership, financial or management relations with the Manual is periodically updated and improved with
Bank’s controlling shareholders, with mutual members reference to the prevailing rules and regulations. The
of the Board of Directors and members of the Board Board of Directors’ Manual was last reviewed on June
of Commissioners. SMBC Indonesia also complied 28, 2024.
with prevailing laws and regulations related to the
independence of the Board of Directors, such as the Based on the results of the review, the contents of the
following: Board of Directors’ Manual are:
1. Members of SMBC Indonesia’s Board of Directors 1. Organization
have complied with the criteria and independency 2. Independence
as stipulated by regulator. 3. Duties and Responsibilities
2. Replacement and appointment of members of 4. President Director
the Board of Directors have taken into account 5. Compliance Director
the recommendations from the Remuneration and 6. Ethical Values of Members of the Board of Directors
Nomination Committee. 7. Meetings
3. Each member of the Board of Directors had no 8. Relationship with Stakeholders
family relations up to the second degree level with 9. Training
other members of the Board of Directors and/or 10. Prohibition of the Board of Directors
members of the Board of Commissioners. 11. Board of Directors Performance Evaluation
4. Members of the Board of Directors had no 12. Pattern of Working Relationship between Board of
concurrent positions as stipulated in OJK Directors and Board of Commissioners
Regulation.
Members of the Bank’s Board of Directors signed COMPOSITION OF THE BOARD OF
the statement related to Corporate Governance DIRECTORS
implementation at the processing time of their fit and
proper test. This statement is updated yearly and was Establishing the composition of the Board of Directors
last updated for the end December 2024 position. is carried out through considerations of the needs and
complexity of the Bank. The composition of the Board
of Directors is based on banking knowledge, expertise,
professional experience, and background to support the
effectiveness in implementing the duties of the Board
of Directors, disregarding gender, ethnicity, race, 2024
comprised 8 (eight) members, of which 3 (three) were
female.
Name Position Term of Office Legal Basis of Appointment
Henoch Munandar President Director 2019-2022 • Appointed as Director since February 1, 2019, and reappointed
2022-2025 through the Annual GMS on February 15, 2019, and April 21, 2022.
• Appointed as President Director through the Extraordinary GMS on
September 29, 2022.
Kaoru Furuya Deputy President 2021-2022 • Appointed through the Extraordinary GMS on November 18, 2020, and
Director 2022-2025 effective since January 4, 2021.
• Reappointed through the Annual GMS on April 21, 2022.
Darmadi Sutanto Deputy President 2020-2022 • Appointed through the Annual GMS on April 23, 2020, and effective
Director 2022-2025 since May 14, 2020.
• Reappointed through the Annual GMS on April 21, 2022.
Dini Herdini Compliance 2019-2022 Effective since February 1, 2019, and reappointed through the Annual
Director 2022-2025 GMS on February 15, 2019, and April 21, 2022.
Atsushi Hino Director 2023-2025 Appointed through the Annual GMS dated April 13, 2023, and effective
since May 15, 2023.
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Name Position Term of Office Legal Basis of Appointment
Keishi Kobata Director 2023-2025 Appointed through the Extraordinary GMS dated June 22, 2023, and
effective since July 25, 2023.
Merisa Darwis Director 2019-2022 Effective since February 1, 2019, and reappointed through the Annual
2022-2025 GMS dated February 15, 2019, and April 21, 2022.
Hanna Tantani Director 2019-2022 Appointed through the Extraordinary GMS dated September 11, 2019, and
2022-2025 reappointed through the Extraordinary GMS dated April 21, 2022.
ORIENTATION FOR NEW MEMBERS OF 2. Integratedly implementing Good Corporate
THE BOARD OF DIRECTORS Governance in the Bank, risk management,
and compliance in alignment with the latest
The President Director ensures that new members of developments in the banking ecosystem, as well
the Board of Directors receive necessary information as supported by technological digitalization and
related to the Bank to carry out their duties and innovation at all levels of the organization;
responsibilities properly. The Corporate Secretary, in 3. Following up on audit or inspection findings and
this respect, invites the functions of compliance, risk recommendations from the Internal Audit Work
management, and finance to provide the necessary Unit, external auditor, results of supervision by
information required by the respective members of the the Financial Services Authority, and/or results of
Board of Directors. supervision by other authorities and institutions;
4. In implementing good corporate governance in the
SMBC Indonesia implements an orientation program Bank, the Board of Directors is obligated to form
for new members of the Board of Directors aimed at an Internal Audit Work Unit, Risk Management
providing an overview of business activities, the Bank’s Work Unit, and Compliance Work Unit, as well as
future plans, work guidelines, and other responsibilities other required work units in accordance with OJK
of the Board of Directors. Regulations;
5. Disclosing to all employees on the Company’s
Through this orientation program, new members of the internal policies that are strategic in the personnel
Board of Directors are expected to work in harmony area;
with other governance bodies of the bank. The 6. Accountable for the implementation of duties to the
orientation program materials consist of documents shareholders through the GMS;
prepared by the Corporate Secretary’s office, including: 7. In managing data and information related to the
1. Bank’s Vision and Mission Bank, the Board of Directors is obligated to do the
2. Bank’s Code of Ethics following:
3. Bank’s Organizational Structure • Retaining and providing data and information
4. Bank’s Articles of Association that are accurate, relevant, and on time,
5. Company Policies and Procedures including to the Board of Commissioners; and
6. Board of Directors’ Guidelines (BOD Manual) and • Carrying out data and information management
Board Committee Charters in accordance with Good Corporate
7. Relevant Banking and Capital Market Regulations Governance in the Bank and provisions of the
8. Bank’s Annual Reports laws and regulations.
9. Bank’s Business Plans 8. Ensuring transparency of material information
related to the Company’s business conditions;
9. Duty of care
DUTIES AND RESPONSIBILITIES OF The Board of Directors is responsible for carrying
THE BOARD OF DIRECTORS out its duties and responsibilities with good
intention and based on the principles of prudence
In general, the Board of Directors retains the duties and as well as professionalism. In this context, the
responsibilities, among others, as follows: Board of Directors is obligated, among others, as
1. Carrying out and being responsible for the follows:
management of the Bank for the interests of the • Always act in honesty and in sincerity
Bank as well as authorized to represent the Bank in • Always use the principle of prudence in
accordance with the purposes and objectives of the decision making
Bank as set forth by the provisions of applicable • Not instigate the Bank to violate applicable
laws and regulations, the Articles of Association provisions
and Resolutions of the GMS; • Attending and being actively involved in the
Board of Directors Meetings
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• Ensuring the implementation of the internal • Disclosing information to third parties that is
control system efficiently and effectively not for public consumption
• Taking and/or receiving personal gain from
10. Duty of loyalty the Bank other than remuneration and other
The Board of Directors is obligated to make facilities as set forth by the GMS
decisions solely in the interest of the Bank, in this • Using internal information for personal gain
context, personal or group interests must be set 11. Setting IT strategic plans;
aside over the interest of the company. In this 12. Establishing and effectively communicating
case, the Board of Directors is prohibited from the policies, standards, and procedures related to
following: the implementation and adequate use of IT to the
• Have direct and indirect transactions with the implementing work units and IT users;
Bank without first disclosing the relationship, 13. Evaluating the strategic objectives, directing the
as well as obtaining approval from the Board of Bank’s executive officials, and monitoring all IT
Commissioners and/or the GMS implementation activities;
• Taking advantage of the Bank, including but 14. The Board of Directors is obligated to assess the
not limited to using the Bank’s assets and performance of the Board of Directors Committees
facilities for personal, family’s, and/or other at least at the end of the year.
party’s interests that may harm or reduce
earnings for the Bank
Division of Duties of Each Member of the Board of Directors
Position Roles and Responsibilities
President Director Coordinating and generally overseeing the duties and responsibilities of all members of the Board of
Directors, covering but not limited to the following areas:
a. Corporate Banking (Japanese)
b. Wholesale Banking
c. Retail Banking
d. Treasury
e. Operations & Technology
f. Legal & Compliance
g. Finance
h. Human Resources or Chief Human Resources Officer (CHR)
i. Internal Audit1 or Chief Audit Executive (CAE)
j. Risk Management or Chief Risk Officer (CRO)
In the CXO system, the President Director acts as the Chief Executive Officer (CEO).
The President Director acts as the coordinator in the management of the Financial Conglomerate.
Deputy President Director Coordinating and generally overseeing the following duties and responsibilities:
Specifically overseeing
a. Business Banking*)
• Digital & Business Development
• Business Banking Credit Risk
• SME
• Business Banking Cross Collaboration
• Governance, Process & Support
• Business Banking Strategy
• Partnership & Acquisition
• Business Banking Remedial
b. Wholesale, Commercial & Transaction Banking*)
• Wholesale Banking
• Wholesale Banking Business Planning
• Structured Finance
• Wholesale Banking Project Management
• Syndications & ESG Solutions
• Commercial Banking & WFB
• Transaction Banking and Supply Chain
c. Alignment & Synergy Planning
d. Sustainable Business Strategy
In the CXO system, the Deputy President Director acts as Chief Strategic Officer (CSO) and in the
Business Unit system acts as Head of Corporate Business Unit.
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Position Roles and Responsibilities
Deputy President Director Specifically overseeing:
a. Retail Lending Business1
• Pension Business
• Micro & Joint Finance
• Customer Experience Management RLB
• Sales Management & Capability RLB
• Digital & Business Solution RLB
• Product & Portfolio Management RLB
b. Wealth Management Business and Network & Distribution Head1
• Sales Management WMB
• Liabilities & Digital Management WMB
• Wealth Product Management WMB
• Customer Experience WMB
• Sales Distribution WMB & National Distribution 1
• Network Management
• Branch Service Distribution
• Customer Experience Center
• Service Excellence
c. Digital Banking1 or Chief Digital Innovation Officer (CDIO) 2.
• JENIUS Business Stream
• Digital Banking Solution
• Digital Banking Product & Innovation
• Digital Banking Business Performance & Customer Value Management
• Digital Banking Partnership
• Retail Banking Digital Strategy
• Digital Banking Alignment & Synergy
f. Retail Banking Risk
g. Retail Banking Strategy & Planning
In the Business Unit system, the Deputy President Director acts as Head of Retail Business Unit.
Compliance Director Specifically overseeing:
a. AML&CFT
b. Compliance
c. Corporate Secretary
d. General Counsel
e. Communications & DAYA
f. AML Group Governance
In the CXO system, they act as the Chief Compliance Officer (CCO).
Corporate Banking Director Specifically overseeing:
(Japanese) a. Corporate Banking 2
b. Corporate Banking 3
c. Corporate Banking 4
d. Corporate Banking 5
e. Corporate Banking 6
f. KYC Onboarding
g. Corporate Banking Business Planning
h. Corporate Banking Loan Reviewer
i. Corporate Banking Credit Analyst
j. Corporate Credit Middle Office
Operations & Technology Specifically overseeing:
Director a. Operations Distribution & Account Services
b. Operations Transaction Center
c. Reporting, Settlement & Access Management
d. General Services
e. Operations Development
f. Operations Control Assurance
g. Information Technology1 atau/or Chief Information Officer (CIO).
In the CXO system, they act as the Chief Business Operation Officer (CBOO).
Treasury Director Specifically overseeing:
Treasury*):
a. Treasury ALM & Planning
b. Treasury Trading
c. Treasury Marketing 1
d. Treasury Marketing 2
In the Business Unit system, they act as the Head of Global Markets Business Unit.
Financial & Planning Director Specifically overseeing:
a. Financial Planning & Performance
b. Financial Controller
c. Tax Management
d. Finance Risk, Control & Governance
e. Strategy Implementation
In the CXO system, they act as the Chief Financial Officer (CFO).
*) The relevant duties and responsibilities are overseen by a member of the Board of Management (BOM).
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Board of Directors
SUCCESSION OF THE BOARD OF officer population below the BOD/BOM in the form of
DIRECTORS Executive Development Program classes, Business
Mentoring and Executive Coaching, Benchmarking, and
The policy on the succession of the Board of Directors CEO Talk. In addition, SMBCI Bank also cooperates
is facilitated by the Human Resource organization with SMBC group to assign the Bank’s talents to
within the Bank, which is carried out through the talent participate in global talent development programs
management & succession planning process. In this organized by SMBC Group.
context, Human Resources assesses the availability of
prospective members of the Board of Directors and their
potential future development. COMPETENCY DEVELOPMENT OF THE
BOARD OF DIRECTORS
This succession is implemented through the
identification of executive officers with such potential. Policy
Each member of the Board of Directors conveys the As stipulated in the Board of Directors’ Working
replacement who will be assessed by the Remuneration Guidelines and Regulations, competency development
and Nomination Committee. This is then forwarded to programs for the Board of Directors are conducted to
the Board of Commissioners for ratification by the GMS. support the execution of duties and achieve sustainable
growth and effective Bank management. SMBC
Indonesia facilitates competency development through
PLANS AND REALIZATION OF WORK training programs for the Board of Directors, aligned
PROGRAMS IN 2024 with the evolving industry and governance practices.
As part of the Board of Directors succession policy Competency development for the Board of Directors
implementation, the Bank implemented various talent is also carried out through training programs tailored
development programs focused on the population of for members of the Board of Directors. This program
officers one level below the BOD/BOM. It is conducted reflects SMBC Indonesia’s commitment to enhancing
to ensure organizational continuity as well as to prepare competencies to support the day-to-day duties and
the Bank’s prospective leaders. responsibilities of the Board of Directors. Details of
the training attended by each member of the Board of
In 2024, several development program initiatives Directors can be found in the Company Profile section
have been implemented by the Bank for the 1-level of this Annual Report.
Realization
No. Name and Position Training Date
1 Henoch Munandar The Asian Banker Summit : Bridging Today’s Banking with Tomorrow’s May 21, 2024
President Director Technologies
BOD Risk Management Certification Alignment session by BARa June 20, 2024
(Bankers Association for Risk Management)
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
2 Kaoru Furuya Building a Trustworthy Organizational Culture By SMBC Learning May 5, 2024
Deputy President Director Development Asia
Leadership Series : Winning the Future Serving Today May 7, 2024
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
BOD Risk Management Certification Alignment session by IRPA July 24, 2024
(Indonesia Risk Professional Association)
Leadership Series "Champion's Journey: Perseverance and Triumph from October 24, 2024
Olympic Gold Medallist"
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
302 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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No. Name and Position Training Date
3 Darmadi Sutanto Leadership Series : Winning the Future Serving Today March 7, 2024
Deputy President Director
BOD Risk Management Certification Alignment session by BARa May 9, 2024
(Bankers Association for Risk Management)
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
4 Dini Herdini Leadership Series : Winning the Future Serving Today March 7, 2024
Compliance Director
Building a Trustworthy Organizational Culture By SMBC Learning May 5, 2024
Development Asia
BOD Risk Management Certification Alignment session by BARa June 20, 2024
(Bankers Association for Risk Management)
Leadership Series "Champion's Journey: Perseverance and Triumph from October 24, 2024
Olympic Gold Medallist"
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
5 Atsushi Hino BOD Risk Management Certification Alignment session by BARa June 20, 2024
Director (Bankers Association for Risk Management)
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
Risk Management Certification Grade 7 Re-Certification October 2, 2024
6 Keishi Kobata Leadership Series : Winning the Future Serving Today March 7, 2024
Director
BOD Risk Management Certification Alignment session by BARa May 9, 2024
(Bankers Association for Risk Management)
Risk Management Certification Grade 7 Re-Certification October 2, 2024
Leader's Digest Series by SMBC Learning Development Asia October 18, 2024
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
7 Merisa Darwis Leadership Series : Winning the Future Serving Today March 7, 2024
Director
BOD Risk Management Certification Alignment session by BARa May 9, 2024
(Bankers Association for Risk Management)
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
Leadership Series "Champion's Journey: Perseverance and Triumph from October 24, 2024
Olympic Gold Medallist"
Leading Your Organization's Digital Transformation By Harvard Business November 7, 2024
School
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
8 Hanna Tantani BOD Risk Management Certification Alignment session by BARa May 9, 2024
Director (Bankers Association for Risk Management)
Leadership Series : "Strategy & Insight for Navigating Merger & July 10, 2024
Acquisition in Digital Startup."
Leading Change and Organizational Renewal By Stanford Business September 20, 2024
School in collaboration with Harvard Business School
Leadership Series : "Future of Banking: Leveraging Gen AI for Strategic December 11, 2024
Growth"
ASSESSMENT OF COMMITTEES UNDER THE BOARD OF DIRECTORS
Criteria and Procedure of Assessment
In assessing the committees under the Board of Directors, considerations, among others, including meeting
attendance, as well as the implementation of duties. Especially to ensure that all main strategies and initiatives are
acted on.
Assessment Results
Based on considering conducting the assessment, the Board of Directors views that in 2024, all committees have
appropriately carried out their duties. Thus, the committees under the supervision of the Board of Directors were
actively involved in supporting the duties of the Board of Directors.
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Transparency of Information on The
Board of Commissioners and The
Board of Directors
DIVERSITY IN THE COMPOSITION OF the implementation of its supervisory function with
THE BOARD OF COMMISSIONERS AND consideration of a wider range of aspects.
THE BOARD OF DIRECTORS
As in the case with the Board of Commissioners,
The policy on the diversity in the composition of the diversity in the composition of members of the Board of
Board of Commissioners and the Board of Directors Directors is a combination of preferred characteristics,
applied within the Bank refers to the Circular Letter of both from the aspect of the Board of Directors as a
the Financial Services Authority No. 32/SEOJK.04/2015 company organ as well as an individual, in line with the
on the Integrated Corporate Governance Guidelines. needs of the Bank. Such combination is determined by
Therefore, the appointment of the Board of considering the expertise, knowledge, and experience in
Commissioners and the Board of Directors has taken accordance with the division of duties and functions of
into account and complied with the diversity factor. the Board of Directors in accomplishing the objectives
of the Bank.
Diversity in the Board of Commissioners is reflected in
determining the expertise, knowledge, and experience Considerations on the combination of characteristics of
required to perform supervisory duties and provide the Board of Commissioners will impact the accuracy of
advice. The composition that has taken into account the nomination and appointment process of individual
the needs of a Public Company is a positive point, members of the Board of Directors or collegially the
specifically concerning decision-making as part of Board of Directors. It also applies in the case of the
Board of Commissioners.
Aspect of Diversity Board of Commissioners Board of Directors
Nationality • Indonesian • Indonesian
• Singaporean • Japanese
• Japanese
Education • Economics • Economics
• Financial Management • Financial Management
• Monetary • Law
Work Experience • Banking Practitioner • International Banking
• Auditor • Risk Management
• Financial Executive
Gender • 2 Female • 3 Female
• 5 Male • 5 Male
MEETINGS OF THE BOARD OF 3. The Board of Commissioners must periodically hold
COMMISSIONERS AND THE BOARD OF the meetings jointly with the Board of Directors at
DIRECTORS least 1 (one) time every 4 (four) months.
4. The Board of Commissioners must schedule the
Meetings of the Board of Commissioners meetings for the following year before the end of
the fiscal year.
Provisions and Reference 5. Meetings of the Board of Commissioners are led
The provisions that regulate the meetings of the by the President Commissioner or in the event the
Board of Commissioners as contained in the Board of President Commissioners is unavailable, by another
Commissioners’ Manual (BOC Manual), among others, Commissioner appointed in the meeting.
include the following: 6. Meetings of the Board of Commissioners are valid
1. Meetings of the Board of Commissioners must be and have the right to make binding decisions if
held periodically at least 1 (one) time within 2 (two) more than ½ (one-half) of the total members of
months. Commissioners are present or represented in the
2. Meetings of the Board of Commissioners must be meetings.
attended in person by members at least 2 (two)
times a year.
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7. Decision-making in the Board of Commissioners Meetings is conducted based on deliberation and consensus.
8. If the deliberative decision for consensus cannot be reached, then the decision is valid if it is taken by voting
based on affirmative votes of at least 2/3 (two-thirds) of the total votes cast at the meeting.
9. All decisions legally made in the Meetings of the Board of Commissioners are binding to all members of the
Board of Commissioners.
10. Dissenting opinions that occur in the Meetings of the Board of Commissioners are required to be recorded clearly
in the meeting minutes, together with the reasons behind such differences in opinions.
Meeting Frequency and Attendance of the Board of Commissioners
Coordination Meeting of the
Meeting of the Board of
Board of Commissioners & Attendance in the GMS
Commissioners
Name Position Board of Directors
Number of Total Number of Total Total Total
% % %
Meeting Attendance Meeting Attendance GMS Attendance
Chow Ying Hoong President 6 6 100% 6 6 100% 2 2 100%
Commissioner
Takeshi Kimoto Commissioner 6 6 100% 6 6 100% 2 2 100%
Ninik Herlani Masli Independent 6 6 100% 6 6 100% 2 2 100%
Ridhwan Commissioner
Onny Widjanarko Independent 6 6 100% 6 6 100% 2 2 100%
Commissioner
Edmund Tondobala Independent 6 6 100% 6 6 100% 2 2 100%
Commissioner
Ongki Wanadjati Dana Commissioner 6 6 100% 6 6 100% 2 2 100%
Marita Alisjahbana* Independent 2 2 100% 2 2 100% - - -
Commissioner
* Effective from September 2, 2024.
Meeting Agenda of the Board of Commissioners
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOC/I/2024 January 31, 2024 1. Q4/2023 Audit Committee Report
2. Q4/2023 Risk Monitoring Committee Report
3. Q4/2023 Remuneration & Nomination Committee Report
4. Q4/2023 GCG Committee Report
2 MOM.0002/BOC/IV/2024 April 25, 2024 1. Q1/2024 Audit Committee Report
2. Q1/2024 Risk Monitoring Committee Report
3. Q1/2024 Remuneration & Nomination Committee Report
4. Q1/2024 GCG Committee Report
3 MOM.0003/BOC/VI/2024 June 27, 2024 1. Self-Assessment Report for the Performance of Audit Committee
2. Self-Assessment Report for the Performance of Risk Monitoring Committee
3. Self-Assessment Report for the Performance of Remuneration & Nomination
Committee
4. Self-Assessment Report for the Performance of Good Corporate Governance
Committee
5. Site Visit Committee Report
4 MOM.0004/BOC/VII/2024 July 25, 2024 1. Q2/2024 Audit Committee Report
2. Q2/2024 Risk Monitoring Committee Report
3. Q2/2024 Remuneration & Nomination Committee Report
4. Q2/2024 GCG Committee Report
5 MOM.0005/BOC/X/2024 October 30, 2024 1. Q3/2024 Audit Committee Report
2. Q3/2024 Risk Monitoring Committee Report
3. Q3/2024 Remuneration & Nomination Committee Report
4. Q3/2024 GCG Committee Report
6 MOM.0006/BOC/XI/2024 November 26, 2024 1. BOC Approval on Audit Committee Working Plan FY2025
2. BOC Approval on Risk Monitoring Committee Working Plan FY2025
3. BOC Approval on Integrated Governance Committee Working Plan FY2025
4. Independency Statement of Independent Commissioner
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Transparency of Information on The Board of Commissioners and
The Board of Directors
Meetings of the Board of Directors 7. In the event that a meeting is held outside the
schedule that has been prepared as referred to, the
Provisions and Reference meeting materials shall be submitted to the meeting
The provisions that regulate the meetings of the Board participants at the latest before the meeting is held.
of Directors as contained in the Board Manual of the 8. Every policy and strategic decision must be
Board of Directors, among others, include the following: decided through a Board of Directors meeting with
1. Meetings of the Board of Directors must be held due observance of the applicable provisions.
periodically at least once a month. 9. The Board of Directors meeting is led by the
2. Meetings of the Board of Directors may be held if President Director, or in the event of his absence by
attended or represented by the majority of all the another Director appointed in the meeting, which
members of the Board of Directors. does not need to be proven to a 3rd party.
3. The Board of Directors must periodically hold the 10. Decision-making of the BOD meeting shall be
meetings jointly with the Board of Commissioners based on deliberation to reach a consensus.
at least 1 (one) time every 4 (four) months. 11. If deliberation for consensus is not reached, the
4. The Board of Directors must schedule the meetings decision is valid if taken by voting based on the
for the following year before the end of the fiscal affirmative votes of more than ½ (one-half) of the
year. total number of votes cast in the meeting.
5. For scheduled meetings, related materials are 12. All resolutions validly adopted in the Board of
delivered to participants at the latest 5 (five) days Directors Meeting are binding for all members of
before the meeting. the Board of Directors.
6. Meetings of the Board of Directors are valid and 13. Differences of opinion occurring in the Board of
have the right to make binding decisions if more Directors meeting must be clearly stated in the
than ½ (one-half) of the total members of the Board minutes of the meeting along with the reasons for
of Directors are present or represented in the the differences of opinion.
meetings.
Meeting Frequency and Attendance of the Board of Directors
Coordination Meeting of the
Meeting of the Board of
Board of Commissioners & Attendance in the GMS
Directors
Name Position Board of Directors
Number of Total Number of Total Total Total
% % %
Meeting Attendance Meeting Attendance GMS Attendance
Henoch Munandar President 37 31 84% 6 5 83% 2 2 100%
Director
Kaoru Furuya Deputy President 37 33 89% 6 5 83% 2 2 100%
Director
Darmadi Sutanto Deputy President 37 36 97% 6 6 100% 2 2 100%
Director
Dini Herdini Compliance 37 30 81% 6 6 100% 2 2 100%
Director
Keishi Kobata Director 37 35 95% 6 6 100% 2 2 100%
Atsushi Hino Director 37 35 95% 6 6 100% 2 2 100%
Merisa Darwis Director 37 35 95% 6 5 83% 2 2 100%
Hanna Tantani Director 37 35 95% 6 6 100% 2 2 100%
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Meeting Agenda of the Board of Directors
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOD/I/2024 January 9, 2024 1. Financial Performance Update YTD December 2023
2. Governance Update
2 MOM.0002/BOD/I/2024 January 23, 2024 1. Q4-2023 Business Banking Update
2. Q4-2023 Retail Lending Business Update
3. Treasury Update
3 MOM.0003/BOD/I/2024 January 30, 2024 1. Q4-2023 Digital Banking Business Update
2. Q4-2023Corporate Banking Japanese Business Update
3. Q4-2023 Wholesale Banking Group Business Update
4. Q4-2023 Network & Distribution Business and Wealth Management Business
Update
5. Q4-2023 Compliance and AML CFT Update
6. 2023 Operational Update
4 MOM.0004/BOD/II/2024 February 6, 2024 Update from HR – Payment Review
5 MOM.0005/BOD/II/2024 February 6, 2024 1. Dividend Payment Simulation in 2024
2. Share Price of Pre-emptive Rights
6 MOM.0006/BOD/II/2024 February 13, 2024 1. Financial Performance Update YTD January 2024
2. Preparation for OJK Meeting on RBB
3. Internal Audit Update
7 MOM.0007/BOD/II/2024 February 20, 2024 1. Treasury Update
2. Governance Update
3. 5-Year Projection for Fairness Opinion - Project Utopia
4. The 2023 Sustainability Report
8 MOM.0008/BOD/II/2024 February 27, 2024 Bank Outsourcing Update Year 2023
9 MOM.0009/BOD/III/2024 March 5, 2024 Human Resources Update
10 MOM.0010/BOD/III/2024 March 19, 2024 1. BTPN Syariah Performance Update
2. Financial Performance Update YTD February 2024
3. Governance Update
4. Update from Finance:
i. Update on SOX - CLC, PLC & ITGC Roll Forward Result
ii. GL Governance – Ratification Results
5. Document Archive Management
11 MOM.0011/BOD/III/2024 March 26, 2024 1. Tax Update
2. Status Update on OJK Digital Maturity Assessment
3. Treasury Update
4. Human Resources Update
12 MOM.0012/BOD/IV/2024 April 23, 2024 1. Financial Performance Update YTD March 2024
2. Q1-2024 Wealth Management Business and Network & Distribution Updates
3. Q1-2024 Retail Lending Business Update
4. Q1-2024 Compliance and AML CFT Update
5. Internal Audit Update
6. SOX Update
13 MOM.0013/BOD/IV/2024 April 30, 2024 1. Q1-2024 Digital Banking Business Update
2. Treasury Update
3. Governance Update
4. Q1-2024 Operational Update
5. Update from the PERLINKOS Committee
14 MOM.0014/BOD/IV/2024 May 7, 2024 1. BTPN Syariah Q1-2024 Performance & BTPN Synergy Project Update
2. Q1-2024 Corporate Banking Japanese Business Update
3. Q1-2024 Wholesale Banking Group Business Update
4. Q1-2024 Business Banking Update
5. Governance Update
15 MOM.0015/BOD/V/2024 May 14, 2024 1. Update from Finance:
i. Financial Performance Update YTD April 2024
ii. Comparison of Bank Competitors for March 2024 position
iii. Balance Sheet and Individual KPIs Drafts
2. Governance Update – OTOSOF 1st Forum
16 MOM.0016/BOD/V/2024 May 28, 2024 1. Governance Update
2. Treasury Update
3. Update on OJK Digital Maturity Assessment
4. Operating System Upgrade for Core Banking
17 MOM.0017/BOD/V/2024 June 11, 2024 1. Update from Finance:
i. Financial Performance Update YTD May 2024
ii. Update on the Bank’s Business Plan Revision
2. Internal Audit Update
3. Governance Update
4. Optimus Project - Physical and Digital Implementation
5. Microsot Office 365 Migration Plan Update
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Transparency of Information on The Board of Commissioners and
The Board of Directors
No. Minutes of Meeting No. Date Agenda
18 MOM.0018/BOD/VI/2024 June 25, 2024 1. Bank Business Plan Revision for the Board of Directors Approval
2. Treasury Update
3. Governance Update
4. Optimus Project - Physical Approval and Digital Implementation
5. GL Governance and FINLEAP Updates
19 MOM.0019/BOD/VII/2024 July 9, 2024 Preparation for the Bank’s Business Plan 2025-2027
20 MOM.0020/BOD/VII/2024 July 16, 2024 1. CxO Update
2. Financial Performance Update YTD June 2024
3. Q2-2024 Retail Lending Business Update
4. Human Resources Update
5. Kick-off of Core Banking Strategic Project
6. SLIK Assessment Recommendations by PwC
21 MOM.0021/BOD/VII/2024 July 23, 2024 1. Treasury Update
2. Q2-2024 Corporate Banking Japanese Business Update
3. Q2-2024 Wholesale Banking Business Update
4. Q2-2024 Business Banking Update
5. Q2-2024 Wealth Management Business and Network & Distribution Update
6. Q2-2024 Compliance and AML-CFT Update
7. Q2-2024 Operational Update
22 MOM.0022/BOD/VII/2024 July 30, 2024 1. Q2-2024 BTPN Syariah Performance Update
2. Q2-2024 Digital Banking Business Update
3. Optimus MOA Budget Project
4. Update on MTP Strategy Implementation
23 MOM.0023/BOD/VIII/2024 August 6, 2024 1. SLIK Improvement Project (Kick Off)
2. Bank’s Business Plan Update
24 MOM.0024/BOD/VIII/2024 August 13, 2024 1. Q2-2023 BTPN Syariah Performance Results
2. Updates from IAD:
i. Audit Results of Retail Lending Activities - Pension Business
ii. Pre-Implementation Study of Jenius Services as a Platform (JaaP) for
RLBs
3. IT Update - Recovery Plan for Ransomware Attack
4. Governance Update
5. Optimus Project Update
25 MOM.0025/BOD/VIII/2024 August 20, 2024 1. Tax Update
2. Governance Update
3. Update from Finance:
i. SOX-related updates - CLC Mid-Year and PLC DE Results
ii. GL Governance Update
iii. Travel Cost-related Update
26 MOM.0026/BOD/IX/2024 September 3, 2024 1. Update from Finance:
i. Tax-related Update
ii. BTPN and Subsidiaries’ 1st Semester KPIs
iii. Implementation of the New FTP System
2. Update on SLIK Improvement Project
3. Governance Update
27 MOM.0027/BOD/IX/2024 September 17, 1. Update from Finance:
2024 i. Financial Performance Update YTD August 2024
ii. Update related to Projection for 2024
iii. Comparison of Bank Comparisons for July 2024
2. Governance Update
3. Optimus Project Update
4. Internal Audit Consultation Services
28 MOM.0028/BOD/IX/2024 September 24, 1. Treasury Update
2024 2. Governance Update
3. SOX Update - IT CLC & ITGC Results
4. Optimus Project - SMBC & Jenius Signage on ground floor
29 MOM.0029/BOD/X/2024 October 8, 2024 1. KYE SLIK Check Update
2. Update from Internal Audit:
i. Management Self-Identified Issue (MSII) Implementation
ii. Internal Audit Update
3. Update on SLIK Upgrade Project Progress
4. OTO & SOF post day-1 activity
5. Update on Branding Reception Event
30 MOM.0030/BOD/X/2024 October 15, 2024 1. Financial Performance Update YTD September 2024
2. Governance Update
3. Update from the PERLINKOS Committee
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Good Corporate Governance
No. Minutes of Meeting No. Date Agenda
31 MOM.0031/BOD/IX/2024 October 22, 2024 1. Treasury Update
2. Q3-2024 Business Banking Update
3. Q3-2024 Retail Lending Business Update
4. Q3-2024 Wealth Management Business and Network & Distribution Update
5. Prime Lending Rate
6. Q3-2024 Operational Update
7. Q3-2024 Compliance & AML-CFT Update
32 MOM.0032/BOD/X/2024 October 29, 2024 1. Q3-2024 Digital Banking Business Update
2. Q3-2024 Corporate Banking Japanese Business Update
3. Q3-2024 Wholesale Banking Business Update
4. Governance Update
5. Project Optimus - Employee & Branch Transformation Event
33 MOM.0033/BOD/XI/2024 November 5, 2024 1. Project Optimus – System Transformation Update
2. Governance Update
3. Q3-2024 OTO & SOF Performance Update
4. Q3-2024 BTPN Syariah performance Update
5. Regulation-related Update
34 MOM.0034/BOD/XI/2024 November 12, 2024 1. Financial Performance Update YTD October 2024
2. Update on SLIK Improvement Project
3. Governance Update
4. SOX and GL Governance Update
5. CxO Project Update
35 MOM.0035/BOD/XI/2024 November 19, 2024 1. Bank’s Business Plan for 2025-2027 for the Board of Directors’ Approval
2. Treasury Update
3. Governance Update
4. Update of the New Generation of the Bank’s Core System
36 MOM.0036/BOD/XII/2024 December 10, 2024 1. Human Resources Update
2. Anti-Financial Crime update
3. PwC E2E – Antasena Assessment
4. Update of the New Generation of the Bank’s Core System
5. Report on Cybersecurity Risks for 2024
37 MOM.0037/BOD/XII/2024 December 17, 2024 1. Financial Performance Update YTD November 2024
2. Treasury Update
Implementation of Coordination Meetings of the Board of Commissioners and the
Board of Directors
Coordination Meetings of the Board of Commissioners and Board of Directors have been set regularly along with
the schedule of Board of Commissioners Meetings and Board of Directors Meetings throughout the year. Meeting
materials and minutes have been distributed to meeting participants and have been well documented.
The Board of Commissioners meets regularly with the Board of Directors as part of its effective oversight function on
strategic, financial, operations, internal control systems, compliance, risk management, and governance aspects.
Meetings are attended either physically or through teleconference technology by the Board of Commissioners
members. During 2024, the Coordination Meeting of the Board of Commissioners and the Board of Directors was
conducted 7 (seven) times. All frequencies and levels of attendance have been presented in the “Meetings of the
Board of Commissioners” and “Meetings of the Board of Directors” sections.
Meeting decisions were made by deliberation and consensus. During 2024, there were no dissenting opinions in the
decisions of the meetings held.
Meeting Agenda of Coordination Meeting of the Board of Commissioners and the Board of Directors
No. Minutes of Meeting No. Date Agenda
1 MOM.0001/BOC-BOD/I/2024 January 31, 2024 1. Report on GCG Self-Assessment 2023
2 Report on Financial Performance FY2023 (unaudited)
3. Report on Compliance and AML for positon Q4 2023
4. Monitoring of BOC Committee Recomendation
2 MOM.0001/BOCdisc/I/2024 January 25, 2024 1. Update on Payment System Service for LTSP (Annual Report of
Payment System)
2. Update on Operational Risk Management for Payment System
3 MOM.0002/BOC-BOD/IV/2024 April 25, 2024 1. Report on Financial Performance for the position as of Q1 2024
2. Report on Compliance and AML for positon Q1 2024
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 309
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Good Corporate Governance
Transparency of Information on The Board of Commissioners and
The Board of Directors
No. Minutes of Meeting No. Date Agenda
4 MOM.0003/BOC-BOD/VI/2024 June 17, 2024 1. BOC Approval for Bank Business Plan Revision for year 2024-2026.
2. Updates on PERLINKOS Committee
5 MOM.0004/BOC-BOD/VII/2024 July 25, 2024 1. Monitoring of BOC Recommendation 1H24
2 Report on Financial Performance for the position as of Q2 2024
3 Report on Compliance and AML for positon Q2 2024
4. Report on GCG Self-Asessment as of June 2024
6 MOM.0005/BOC-BOD/X/2024 October 30, 2024 1. Report on Financial Performance for the position as of Q3 2024
2. Report on Compliance and AML for positon Q3 2024
7 MOM.0006/BOC-BOD/XI/2024 November 26, 2024 1. BOC Approval on Bank Business Plan for year 2025-2027
2. Updates from PERLINKOS Committee
AFFILIATION OF THE BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS,
CONTROLLING SHAREHOLDERS
Board of Commissioners
Financial Relations with Family Relations with
Board of Board of Controlling Board of Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Chow Ying Hoong - √ - √ √ - - √ - √ - √
Takeshi Kimoto - √ - √ √ - - √ - √ - √
Ninik Herlani Masli Ridhwan - √ - √ - √ - √ - √ - √
Onny Widjanarko - √ - √ - √ - √ - √ - √
Edmund Tondobala - √ - √ - √ - √ - √ - √
Ongki Wanadjati Dana - √ - √ - √ - √ - √ - √
Marita Alisjahbana - √ - √ - √ - √ - √ - √
Board of Directors
Financial Relations with Family Relations with
Board of Board of Controlling Board of Board of Controlling
Name
Commissioners Directors Shareholders Commissioners Directors Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No
Henoch Munandar - √ - √ - √ - √ - √ - √
Kaoru Furuya - √ - √ - √ - √ - √ - √
Darmadi Sutanto - √ - √ - √ - √ - √ - √
Dini Herdini - √ - √ - √ - √ - √ - √
Atsushi Hino - √ - √ - √ - √ - √ - √
Keishi Kobata - √ - √ - √ - √ - √ - √
Merisa Darwis - √ - √ - √ - √ - √ - √
Hanna Tantani - √ - √ - √ - √ - √ - √
310 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
POLICY ON CHANGES IN SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS
AND THE BOARD OF DIRECTORS
Reference of Provisions
The Bank has a policy regarding the obligation of the Board of Commissioners and Board of Directors to make
disclosures to the Bank regarding share ownership and any changes in share ownership must be disclosed within
three working days after the transaction.
The procedure refers to OJK Regulation No. 4 of 2024 concerning a Report on Ownership or Any Change in Share
Ownership of a Public Company and a Report on the Activities of Pledging Shares of a Public Company.
Disclosure of Shares Ownership and Its Changes by the Board of Commissioners
Referring to the Financial Services Authority Regulation and Corporate Governance Policy regarding the report on
Share Ownership or Change in Share Ownership of the Board of Commissioners, during 2024, there was share
ownership of SMBC Indonesia by the Board of Commissioners and disclosure of the share ownership report has been
made in accordance with applicable regulations.
The following table shows the Board of Commissioners share ownership and its changes as of December 2024:
In 2023 In 2024
Name Position Percentage of Percentage of
Total Shares Total Shares
Ownership Ownership
Chow Ying Hoong President Commissioner 0 0.000% 0 0.000%
Takeshi Kimoto Commissioner 0 0.000% 0 0.000%
Ninik Herlani Masli Ridhwan Independent Commissioner 0 0.000% 0 0.000%
Onny Widjanarko Independent Commissioner 0 0.000% 0 0.000%
Edmund Tondobala Independent Commissioner 0 0.000% 0 0.000%
Ongki Wanadjati Dana Commissioner 860,804 0.011% 860,804 0.008%
Marita Alisjahbana Independent Commissioner 0 0.000% 0 0.000%
In order to maintain independence to provide objective considerations for the interests of the company and regardless
of potential conflicts of interest, no Independent Commissioner owns shares of the Bank or its subsidiary companies,
or receives incentives or bonuses in the form of shares from the Bank.
One of the Bank’s non-independent Commissioners owns shares of the Bank under the MRT program acquired while
serving as a member of the Board of Directors.
Disclosure of Shares Ownership and Its Changes by the Board of Directors
In accordance with the Financial Services Authority Regulation and Corporate Governance Policy related to the
report on Share Ownership or Change in Share Ownership of the Board of Directors, during 2024, there was share
ownership of SMBC Indonesia by the Board of Directors and disclosure of the share ownership report has been made
in accordance with applicable regulations.
The following is a table of the Board of Directors’ share ownership and its changes as of December 2024:
In 2023 In 2024
Name Position Percentage of Percentage of
Total Shares Total Shares
Ownership Ownership
Henoch Munandar President Director 173,756 0.002% 175,256 0.002%
Kaoru Furuya Deputy President Director 3,000 0.000% 4,500 0.000%
Darmadi Sutanto Deputy President Director 89,120 0.001% 90,620 0.001%
Dini Herdini Director Compliance 118,572 0.001% 120,072 0.001%
Atsushi Hino Director 0 0.000% 1,500 0.000%
Keishi Kobata Director 0 0.000% 1,500 0.000%
Merisa Darwis Director 222,358 0.003% 223,858 0.002%
Hanna Tantani Director 148,154 0.002% 149,654 0.001%
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 311
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Good Corporate Governance
Transparency of Information on The Board of Commissioners and
The Board of Directors
NOMINATION OF THE BOARD OF professional experience, and diversity of composition
COMMISSIONERS AND THE BOARD OF without discriminating against race, ethnicity, gender,
DIRECTORS and religion.
Board of Commissioners The Remuneration and Nomination Committee
proposes the selected candidates to the Board of
Policies and Procedures Commissioners for approval and ratification at the
The nomination policy for members of the Board General Meeting of Shareholders. However, prior to
of Commissioners is carried out to select and/or this, the Board of Commissioners passed the fit and
replace members of the Board of Commissioners, proper test before carrying out their duties. The Bank’s
which will then be presented at the General Meeting management must meet the requirements of integrity,
of Shareholders. The candidate selection process competence, and financial reputation. As of December
is conducted by the Remuneration and Nomination 2024, all members of the Board of Commissioners have
Committee. The Committee will consider competence, passed the fit and proper test.
The Board of Commissioners Nomination Process
Proposal Selection & Decision
Recommendation
1. Proposed candidates for 3. The Selection Process by the 5. OJK approval of the submission of
members of the Board Remuneration & Nomination prospective members of the Board of
of Commissioners from Committee includes: Commissioners.
Shareholders/Board of a. Analysis of candidate 6. Submission of the Remuneration &
Directors/Commissioners. competencies and Nomination Committee’s recommendation
2. Submission of proposals for background. to the Board of Commissioners.
prospective members of the b. Interview (if necessary). 7. The Board of Commissioners proposes to
Board of Commissioners 4. Submission of Fit & Proper the GMS candidates for members of the
to the Remuneration & Test process to OJK. Board of Commissioners by taking into
Nomination Committee. account the Remuneration & Nomination
Committee’s recommendations.
8. GMS resolution on the composition of the
Board of Commissioners.
9. Notification of changes in the composition
of the Board of Commissioners to OJK.
Board of Directors The Remuneration and Nomination Committee
proposes the selected candidates to the Board of
Policies and Procedures Commissioners for approval and ratification at the
The nomination policy for members of the Board General Meeting of Shareholders. However, prior to
of Directors is conducted to select and/or replace this, the Board of Directors passed the fit and proper
members of the Board of Directors, which will then test before carrying out their duties. The Bank’s Board
be presented at the General Meeting of Shareholders. of Directors must meet the requirements of integrity,
The candidate selection process is conducted by competence, and financial reputation. As of December
the Remuneration and Nomination Committee. The 2024, all members of the Board of Directors passed the
Committee will consider competence and professional fit and proper test.
experience, as well as diversity in composition without
discriminating against race, ethnicity, gender, and
religion.
312 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
The Board of Directors Nomination Process
Proposal Selection & Decision
Recommendation
1. Nomination proposal of 3. Selection process by 5. OJK approval on submission of proposed
member candidates for the Remuneration & member candidates of the Board of Directors
the Board of Directors by Nomination Committee 6. Submission of recommendation of the
Shareholders/the Board of covering the following: Remuneration & Nomination Committee to the
Directors/Commissioners. a. Analysis of competency Board of Commissioners
2. Submission of and background of 7. The Board of Commissioners proposes the
proposed candidates candidates. nomination of member candidates to the GMS
for Commissioners to b. Interview (if necessary) by taking into account the recommendation
the Remuneration & 4. Request submission to from the Remuneration & Nomination
Nomination Committee OJK for Fit & Proper Test Committee.
process. 8. GMS resolution on the composition of
members of the Board of Directors.
9. Announcement to OJK on the change in the
composition of members of the Board of
Directors.
PERFORMANCE ASSESSMENT OF THE the selfassessment. The assessment results are
BOARD OF COMMISSIONERS AND THE then evaluated in the Meeting of the Board of
BOARD OF DIRECTORS Commissioners.
Assessment Procedures Performance assessment of the Board of Directors
Performance assessment of the Board of is also done collegially. The Board of Directors
Commissioners and the Board of Directors is carried out simultaneously takes the self-assessment, and the
through the self-assessment method. The assessment assessment results are then evaluated in the Meeting of
is conducted collegially every year. the Board of Commissioners.
Assessment Criteria Assessment Results
The criteria used in the assessment on the Board of In 2024, the average result of the collegial performance
Commissioners cover the following: assessment of the Board of Commissioners was
1. Responsibility of the Board of Commissioners “Very Good” While the average result of the collegial
2. Governance, risk management, compliance, and performance assessment of the Board of Directors was
internal control “Good”
3. Structure, size, and composition of the Board of
Commissioners
4. Meetings of the Board of Commissioners REMUNERATION OF THE BOARD OF
5. Committees under the Board of Commissioners COMMISSIONERS AND THE BOARD OF
DIRECTORS
The criteria used in the assessment on the Board of
Directors cover the following: Policy
1. Duties and responsibilities of the Board of Directors Determining the remuneration and other facilities for
2. Corporate governance, risk management, and the Board of Commissioners and the Board of Directors
internal control refers to the decision of the Shareholders established
3. Structure, size, and the composition of the Board of through the GMS. Establishing the remuneration is
Directors considered based on the recommendation from the
4. Effectiveness of meetings of the Board of Directors Remuneration and Nomination Committee.
5. Work units and committees supporting the Board of
Directors In determining the remuneration of each of the Board
of Commissioners and the Board of Directors, the
Assessor Bank considers the general performance, individual
Performance assessment on the Board of performance appraisal, fairness with the peer group
Commissioners is carried out collegially. The in the Bank and in the banking industry, as well as the
Board of Commissioners simultaneously takes capability of the Bank. The Bank’s performance as one
of the factors determining remuneration for members of
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 313
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Good Corporate Governance
Transparency of Information on The Board of Commissioners and
The Board of Directors
the Board of Commissioners and the Board of Directors, among others, is illustrated by the Company’s share price in
the stock market.
Procedures of Determining Remuneration
The process of determining the remuneration of the Board of commissioners and the Board of Directors within the
Bank, is explained in the flow chart below:
Review Selection & Decision
Recommendation
1. Survey to obtain data used as benchmark 4. Based on benchmark 5. Decision of the Board of
of the Board of Commissioners and the (external) and data of Commissioners on the
Board of Directors in several banks in company’s performance remuneration for members of
Indonesia. If required, the Committee (internal), Committee may the Board of Commissioners
may assign/work with consultant or other provide suggestions/ and the Board of Directors.
independent parties to acquire valid data. recommendations on the 6. Approval of the GMS on the
2. Committee conducts analysis of acquired remuneration of each remuneration of the Board
results from survey/benchmarking. member of the Board of of Commissioners and the
3. Committee reviews Company’s Commissioners and the Board of Directors.
performance that may reflect Board of Directors.
the performance of the Board of
Commissioners and the Board of Directors.
Remuneration Structure of the Board of Commissioners
Total Amount of Rupiah Received (Gross) in 1 (one) Year
Board of Commissioners
Type of Remuneration and Other Facilities
Total Recipients as of
Rp Million
December 31, 2024
Honorarium and/or Allowance 7 15.669
Other facilities in the form of non-cash: housing, insurance, health, and
others that:
• Can be owned 7 824
• Cannot be owned 7 21
Total 7 16,545
Total Remuneration and Benefits in One Year Number of the Board of Commissioners
Above Rp2 Billion 3
Above Rp1 Billion - Rp2 Billion 2
Above Rp500 Million – Rp1 Billion 0
Below Rp500 Million 0
The number of members of the Board of Directors, the Board of Commissioners, and Employees as Recipients of
Fixed and Variable Remuneration in one year and the Total Nominal amount.
Fixed Category
(Rp Million)
Detail 2024 2023
Board of Directors 59,043 57,429
Board of Commissioners 15,724 15,725
Employees 1,506,787 1,428,752
314 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Variable Category
(Rp Million)
2024 2023
Detail
Headcount Total Headcount Total
Board of Directors 10 31,878 9 28,136
Board of Commissioners - - - -
Employee Bonus - 231,831 - 219,805
Employee Incentive - 23,338 - 20,480
Shares Option of the Board of Directors, Board of Commissioners, and Executive
Officers
Currently, SMBC Indonesia does not have a share option program.
Ratio of Highest and Lowest Salary
Detail 2024
Highest of Employee – Lowest of Employee 109.87
Highest of Director – Lowest of Director 4.05
Highest of Commissioner – Lowest of Commissioner 2.72
Highest of Director – Highest of Employee 1.92
Total Variable Remuneration Deferred
(Rp Million)
2024 2023
Detail
Headcount Total Headcount Total
Board of Directors 18 12,013 17 10,674
Performance Review Related to Remuneration Individual performance is assessed based on the
The link between performance and remuneration is realization of individual targets and evaluated with
explained as follows: categories: Outstanding; Very Good; Good; Need
1. The Bank adheres to the principle of meritocracy Improvement; Poor.
in providing remuneration to the Board of Directors
and employees, both for fixed and variable The Bank also regulates the guidelines on providing
remuneration. A review of individual remuneration is variable remuneration, which is associated with
conducted annually and remuneration adjustments performance and risk (Material Risk Taker) with the
consider the Bank’s performance, work unit conditions as follows:
performance, individual performance, and the a. 80% of Variable Income is provided in the form of
Bank’s capability. cash.
2. Concerning the Bank’s Performance Management, b. 20% of Variable Income is Deferred Variable Income
each member of the Board of Directors and with distribution as follows:
employees has individual targets as the basis for 1. Board of Directors
individual performance appraisal. Individual targets • 1/3 provided in the form of cash and 500
of the Board of Directors are also the targets of the units of shares
work unit/directorate the individual is in, derived • 1/3 provided in the form of cash and 500
from the Bank’s targets, and then the targets units of shares
gradually become the targets of the smallest work • 1/3 provided in the form of cash and 500
unit and the targets of individual employees at the units of shares
lowest level. 2. Board of Management
3. Performance assessment of the unit and the • 1/3 provided in the form of cash and 400
individuals is based on the realization of the targets units of shares
of the work unit and the individuals. The unit • 1/3 provided in the form of cash and 400
performance is in the following category: Exceeding units of shares
Target, Achieving Target, or Not Achieving Target. • 1/3 provided in the form of cash and 400
The unit performance also affects the performance units of shares
of the head of the concerned unit.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 315
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Good Corporate Governance
Transparency of Information on The Board of Commissioners and
The Board of Directors
Positions and Number of Parties that Become Material Risk Takers
Positions included in the material risk takers category are eight (8) Board of Directors and ten (10) Board of
Managements. This number is the Material Risk Takers (MRT) during 2024.
Total Amount of Rupiah Received (Gross) in One Year
Board of Directors
Type of Remuneration and Other Faciities
Total Recipients as of
Rp Million
December 31, 2024
Salary, bonus, routine allowance, tantiem, and other facilities in the form 8 87,259
of cash1)
Other facilities in the form of non-cash: housing, insurance, health, and
others that:
• Can be owned 8 5,911
• Cannot be owned 8 70
Total 8 93,240
1) Includes the remuneration of members of the Board of Directors who worked until March 25, 2022, April 13, 2023, and June 22, 2023.
Total Amount of Remuneration and Benefits in One Year
Total Amount of Remuneration and Benefits in One Year Number of the Board of Directors
Above Rp2 Billion 8
Above Rp1 Billion - Rp2 Billion 0
Above Rp500 Million – Rp1 Billion 0
Below Rp500 Million 2
Variable Remuneration
Variable remuneration within the Bank consists of Performance incentives and bonuses. The incentive is based on the
employee’s performance in sales, service, and collection. The incentive is provided monthly and quarterly.
Performance bonus is provided based on the Company’s performance, the performance of the related work unit, and
individual performance. Disbursement is realized in the following year. Performance bonus is extended in line with the
performance and financial condition of the Bank. It is provided yearly to employees who do not receive an incentive
and to the Board of Directors.
Loan Program
The Bank does not have a specific lending program for members of the Board of Directors or members of the Board
of Commissioners. Members of the Board of Directors and/or members of the Board of Commissioners may apply
for loans from existing commercial bank products with a fair interest rate as well as generally accepted terms and
conditions.
Furthermore, this transaction will be reported by the Bank as part of Related Party Transactions.
316 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Committees Under The Board
of Commissioners
Until the end of the 2024 financial year, the Board This Charter are reviewed periodically to ensure the
of Commissioners had 4 (four) committees, namely coverage is in accordance with applicable provision
the Audit Committee, Remuneration & Nomination and business development of the Bank. The last review
Committee, Risk Monitoring Committee, and Corporate was approved by members of the Audit Committee on
Governance Committee. Each committee is responsible December 30, 2024.
for conducting reviews and supervision based on the
duties and responsibilities set out in the respective Responsibilities of the Audit Committee in Providing
committee’s Charter. Recommendations on the Appointment and Dismissal
of the External Auditor
AUDIT COMMITTEE The Audit Committee provides recommendations to the
Board of Commissioners regarding the appointment
The Audit Committee reports to the Board of of the Public Accountant (AP) and/or the Public
Commissioners and established to support the Accounting Firm (KAP) to be conveyed to the General
implementation of duties of the Board of Commissioners Meeting of Shareholders (“GMS”). Preparing the
related to financial information, internal control system, recommendations is based on independency, scope of
effectiveness of internal and external audits as well as assignment and service fee.
the Bank’s compliance implementation to prevailing
laws and regulations. In the event the AP and/or KAP as decided by the GMS
are not able to complete the provision of the audit
Legal Basis services on the annual historical financial information
The establishment of the Bank’s Audit Committee is during the Professional Assignment Period, the
based on a number of laws and regulations, namely as Committee is obligated to provide recommendations
follows: for the appointment of a replacement AP and/or KAP to
1. OJK Regulation No. 17 of 2023 dated September be submitted to the Board of Commissioners. Providing
14, 2023, concerning Governance Implementation recommendations by the Committee should be based
for Commercial Banks and FSA Circular Letter on at least the following considerations:
No. 13/SEOJK.03/2017 dated March 7, 2017, a. Independency of the AP, KAP, and members of
concerning Governance Implementation for KAP;
Commercial Banks. b. Scope of the audit;
2. OJK Regulation No. 9 of 2023 dated July 11, c. Fee for the audit services;
2023, concerning the Use of Public Accountants d. Expertise and experience of the AP, KAP, and Audit
and Public Accounting Firms in Financial Services Team used by KAP;
Activities. e. Methodology, technique, and audit facilities used
3. OJK Regulation No. 1/POJK.03/2019 dated by KAP;
January 28, 2019 on the Implementation of Internal f. The advantage of a new point of view to be
Audit Function in Commercial Banks. obtained through replacing the AP, KAP, and Audit
4. OJK Regulation No. 55/POJK.04/2015 dated Team from KAP;
December 23, 2015 on the Establishment and Work g. Potential risks from consecutive use of the audit
Guidelines and Procedures of the Audit Committee. services by the same KAP for quite an extensive
5. Good Corporate Governance Manual of SMBC period; and/or,
Indonesia. h. Results of the assessment on the implementation
of the audit services provided on annual historical
Statement of Having Committee Charter financial information by AP and KAP on the
In carrying out its duties and responsibilities, the Audit previous period, if any.
Committee has the Charter that regulate, among
others: organization, membership, independency,
duties and responsibilities, work ethics authority,
reporting responsibility, term of duty, and performance
assessment.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 317
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Good Corporate Governance
Committees Under The Board of Commissioners
Independency 3) does not have Affiliation with the Bank,
The Audit Committee of SMBC Indonesia works and members of the Board of Commissioners,
takes decisions independently, as reflected, among members of the Board of Directors, or major
others, from the membership of the committee, namely shareholders of the Bank; and
as follows: 4) does not have direct or indirect business
a. Independent Commissioner is a member of the relations in connection with the Bank’s
Board of Commissioners with the following traits: business activities.
1) not a person who works or has the authority b. Independent parties are parties outside the
and responsibility to plan, lead, control, or Bank who do not have financial, management,
supervise the Bank’s activities for the last 6 share ownership and/or family relationships
(six) months, unless for reappointment as the with the Board of Commissioners, the Board of
Bank’s Independent Commissioner for the next Directors and/or controlling shareholders or other
term; relationships that could affect their ability to act
2) does not have direct or indirect shares in the independently.
Bank;
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Ninik Herlani Masli Ridhwan Chairman Circular Decree of the Board of • February 1, 2019 –
(Independent Commissioners No. PS/BOC/021/III/2022 April 21, 2022
Commissioner) and Decree of the Board of Directors No. • April 21, 2022 –
SK.003/DIR/CCS/ IV/2022 Annual GMS 2025
2 Edmund Tondobala Member Circular Decree of the Board of • November 18, 2020 –
(Independent Commissioners No. PS/BOC/021/III/2022 April 21, 2022
Commissioner) and Decree of the Board of Directors No. • April 21, 2022 –
SK.003/DIR/CCS/ IV/2022 Annual GMS 2025
3 Aria Kanaka Member Circular Decree of the Board of • April 21, 2022 –
(Independent Party) Commissioners No. PS/BOC/021/III/2022 Annual GMS 2025
and Decree of the Board of Directors No.
SK.003/DIR/CCS/ IV/2022
4 Ivan Purnama Sanoesi Member Circular Decree of the Board of • February 1, 2019 –
(Independent Party) Commissioners No. PS/BOC/021/III/2022 April 21, 2022
and Decree of the Board of Directors No. • April 21, 2022 –
SK.003/DIR/CCS/ IV/2022 Annual GMS 2025
Profile of Members of the Audit Committee
Ninik Herlani Masli Ridhwan
Chairman of the Audit Committee (Independent Commissioner)
Profiles are presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Edmund Tondobala
Member of the Audit Committee (Independent Commissioner)
Profiles are presented in the “Profile of the Board of Commissioners” section of this Annual Report.
318 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Nationality Indonesian
Domicile Jakarta
Age 50 years old at the end of the 2024 Financial Year
Educational • Master’s degree in Accounting from Universitas Indonesia
Background (2010)
• Bachelor’s degree in Accounting from Universitas
Indonesia (1997)
Position History, Initially appointed as Member of the Audit Committee
Legal Basis & Term (Independent Party) since April 21, 2022, based on Circular
of Office Decision of the Board of Commissioners No. PS/BOC/021/
III/2022 and Decision Letter of the Board of Directors
No. SK.003/DIR/CCS/IV/2022.
Aria Kanaka Concurrent Positions • Partner at KAP Aria Kanaka & Rekan (a member firm of
Member of the Mazars SCRL)
Audit Committee • Lecturer at the Faculty of Economics and Business,
(Independent Party) Universitas Indonesia
• Member of the Board of Directors of the Indonesian
Institute of Public Accountants
• Member of the Audit Committee and Independent
Commissioner in several non-bank public companies
Work Experience • Partner in KAP (Public Accounting Firm) Kanaka & Partner
(member firm of Mazars SCRL), 2013-present
• Lecturer at the Faculty of Economics and Business at
Universitas Indonesia, 2000-present
• Partner in several Public Accounting Firms, 2003-2013
• Auditor at KAP Prasetio, Sarwoko & Sandjaja (member firm
of Ernst & Young), 2002
• Auditor of KAP Prasetio Utomo & Co (member firm of
Andersen Worldwide), 1997-2002
Affiliation No affiliation with the Board of Directors, the Board of
Commissioners, and Controlling Shareholders.
Nationality Indonesian
Domicile Jakarta
Age 63 years old at the end of the 2024 Financial Year
Educational • Master’s degree in Financial Management, PPM Institute
Background (2002)
• Bachelor’s degree in Economics (Accounting), Universitas
Tarumanegara (1988)
Position History, Initially appointed as Member of the Audit Committee
Legal Basis & Term (Independent Party) since February 1, 2019, based on Circular
of Office Decision of the Board of Commissioners No. PS/BOC/006/
II/2019 and Decision Letter of the Board of Directors No.
SK.002/DIR/CCS/II/2019, reappointed on April 21, 2022,
Ivan Purnama based on Circular Decision No. PS/BOC/021/III/2022 and
Sanoesi Decisioon Letter of the Board of Directors No. SK.003/DIR/
Member of the CCS/IV/2022.
Audit Committee
(Independent Party) Concurrent Positions • Member of the Audit Committee of PT Bank Mega Tbk.
• Member of the Risk Monitoring Committee of PT Bank Ina
Perdana Tbk.
• Member of the Risk Monitoring Committee of PT Bank
Hibank Indonesia
• Member of the Risk Monitoring Committee of PT BCA
Digital
• Member of the Risk Monitoring Committee of PT BANK
SMBC Indonesia Tbk.
Work Experience • Member of the Audit Committee of PT Bank Sumitomo
Mitsui Indonesia (July 2018-February 2019).
• Advisor at PT Central Santosa Finance (September
2016-August 2018).
• Deputy Head of the Audit Division of PT Bank Central Asia,
Tbk (1999-May 2016).
• Head of the Audit Bureau at PT Bank Central Asia, Tbk
(1992-1999).
• Department Head/Audit Affairs at PT Bank Central Asia,
Tbk (1989-1992).
Affiliation No affiliation with the Board of Directors, the Board of
Commissioners, and Controlling Shareholders.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 319
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Good Corporate Governance
Committees Under The Board of Commissioners
Professional Certification 9. The meeting between the Committee and the
External Auditor without the attendance of
No. Professional Certification Total Owners members of the Board of Directors is held at least
1 Risk Management Certification Level VI 1 once a year upon completion of the financial
statements.
2 Risk Management Certification Level VII 1
10. The meeting between the Committee and
3 Securities Trading Broker Representative 1
(WPPE) Compliance work unit without the attendance of a
4 State Register of Accountants from the 1
member of the Board of Directors is held at least
Department of Financial of the Republic once a year.
of Indonesia No. D-20.826
5 Public Accountant Certification (USAP) 1 Meeting Frequency and Attendance of
from the Indonesian Institute of
Accountants the Audit Committee
During 2024, the Audit Committee held 26 (twenty-
six) meetings and the details of the attendance are
Meetings of the Audit Committee presented below:
Terms and Reference Number
Name Attendance Percentage
The provisions that regulate meetings as stipulated in of Meeting
the Audit Committee’s manual are as follows: Ninik Herlani Masli 26 26 100%
Ridhwan
1. The Committee holds periodic meetings at least
once every 3 (three) months. Edmund Tondobala 26 26 100%
2. Committee meetings may be attended in person Aria Kanaka 26 26 100%
or through the video conference facility. These Ivan Purnama Sanoesi 26 26 100%
meetings may only be held if attendants are present
in person or virtually by at least 51% (fifty-one Statement of the Audit Committee on
percent) of the total members of the Committee. the Effectiveness of the Internal Control
3. Meeting decisions are taken based on deliberation System
and consensus. Decision-making is conducted The Audit Committee evaluated and ensured that the
based on unanimous votes. implementation of the internal control system carried
4. Committee meetings are led by the Chairman of the out by the Bank was regarded as effective and has
Committee. adequately covered financial control, operation, and
5. In the event the Committee Chairman is unable to complied with the laws and regulations.
attend, then one of the Committee members present
in the meeting is appointed to lead the meeting. Implementation of Activities in 2024
6. Dissenting opinions that occur in the Committee Throughout 2024, the activities that have been realized
meetings are required to be recorded clearly in the by the Audit Committee were as follows:
minutes of the meeting with the reasons behind the 1. Reviewing the 2024 financial statements,
dissenting opinions. projections, and other reports related to the Bank’s
7. The Committee may also make valid decisions financial information
without holding the committee Meeting, providing 2. Reviewing the Bank’s internal audit examination
that all Committee members are informed in writing in 2023 and 2024 and the effectiveness of the
and all members of the Committee extend their Bank’s internal audit examination and monitoring of
written approval on the recommendation being follow-up on audit results to assess the adequacy
proposed by signing the circular approval sheet. of internal controls, including the adequacy of the
Decisions taken in such a manner have the same financial reporting process
power as those taken legally at a Committee 3. Reviewing audit reports, including audits of
Meeting. Information Technology implementation
8. The meeting between the Committee and Internal 4. Evaluating the performance of the Internal Audit
Audit without the attendance of members of the Unit (IAU)
Board of Directors is held at least once a year. 5. Reviewing and approving the audit plan, scope,
and budget of the IAU
6. Reviewing the implementation plan of the Global
Internal Audit Standard (GIAS)
320 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
7. Providing recommendations to the Board of and the effectiveness of initiatives taken to
Commissioners for the appointment of the Head of strengthen the culture of compliance in the Bank
IAU to replace the Head of IAU who has reached 13. Reviewing the guidance arising related to the Bank
retirement age and the progress of handling legal issues
8. Reviewing the external audit plan and external audit 14. Monitoring and reviewing the implementation
results. and effectiveness of the Anti-Fraud Management
9. Monitoring the implementation of follow-up by Strategy
the Board of Directors on the findings of external 15. Developing the work plan and activities of the Audit
auditors and the results of OJK supervision, and/or Committee in 2024
the results of supervision by other authorities and 16. Reviewing the Audit Committee Charter
institutions
10. Evaluating the implementation of audit services on Competency Development of the Audit
annual historical financial information by AP and/or Committee
KAP Competency development presented below is only
11. Providing recommendations to the Board of for the independent members, as for members of the
Commissioners regarding the appointment of AP Audit Committee who are members ofthe Board of
and/or KAP to the Board of Commissioners Commissioners are presented in the section “Board of
12. Reviewing the implementation of the Bank’s Commissioners” of this Annual Report.
compliance with prevailing laws and regulations
Name
Type of Training Time and Venue Organizer
of Participant
Aria Kanaka 1. PPL Capital Market Sector OJK - IAPI Risk Management and July 5, 2024 Institute of Internal
Specific Considerations in Financial Statement Audits in the Auditors (IIA)
Capital Market and Sharia Capital Market Sectors Indonesia
2. Special PPL OJK - IAPI in 2024 for Public Accountants Registered August 9, 2024 IAPI
in OJK for the Banking Sector
3. PPL for the IKNB OJK - IAPI Sector Accounting and Auditing August 19, 2024 IAPI
Aspects of Microfinance Institutions (Conventional/Sharia),
Specialized Financial Services Institutions and the Regulations
thereof
4. In House Training; Risk Based Budgeting; Sustainability Reporting; August 28-29, 2024 IAPI
Accounting, Taxation, Legal Aspects for Mergers, Acquisitions, and
Spin-Offs; Deferred Taxes
5. PPL IKPI: Treatment of Income Tax and VAT for Commercial Bank, December 7, 2024 IKPI (Institute of
Sharia, Saving and Loan Cooperative, and BPR Taxpayers based Indonesia Public
on PMK 74/2024 (Reserve PMK) and SE-121/PJ/2010 (Bank VAT) Accountants)
6. PPL IKPI: Follow-up of Supervision Business Process and Post- December 9, 2024 IKPI
PPS Examination Policy
7. PPL IKPI: Completely Review the Management of Income Tax December 10, 2024 IKPI
Article 21, Natura/Enjoyment and Year-End Reporting of December
Period
8. PPL IKPI: Reviewing When Income Tax/VAT Withholding Tax is December 28, 2024 IKPI
Due (Deadline and Consequences of Delay - Preparation of Tax
Withholding Slip and Tax Invoice)
Ivan Purnama 1. Connecting The Dots 11 Januari 2024 OJK Institute
Sanoesi
2. Strategies to Prevent Cyber Attacks 29 Februari 2024 OJK Institute
3. Artificial Intelligence Changes The Face of Financial Sector 7 Maret 2024 OJK Institute
4. How to Prevent Accounting Fraud in Financial Sector 2 Mei 2024 OJK Institute
5. Opportunities and Challenges of Personal Data Protection in 30 Mei 2024 OJK Institute
Transactions in the Digital Era
6. The Role of Innovative Credit Scoring in Improving Access to 27 Juni 2024 OJK Institute
Funding
7. Foresight: Methodology and its Use 11 Juli 2024 The Institute of
Internal Auditors
Indonesia
8. Driving Corporate Performance through Artificial Intelligence 25 Juli 2024 OJK Institute
9. How to Mitigate Transition and Physical Risk in the Financial 4 Juli 2024 OJK Institute
Sector
10. Market Conduct Implementation Strategy: Building Trust and 8 Agustus 2024 OJK Institute
Improving Financial Services Industry Performance
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 321
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Good Corporate Governance
Committees Under The Board of Commissioners
Name
Type of Training Time and Venue Organizer
of Participant
11. The Future of Data Analytics in The Financial Industry: Trends and 12 September 2024 OJK Institute
Innovations
12. EV Insurance, International Best Practices for Innovation of New 31 Oktober 2024 OJK Institute
Energy Products and Services
13. Climate Reporting in the Financial Statements 18 November 2024 KPMG Indonesia
14. Strengthening Financial Integrity: Advanced Strategies and 21 November 2024 OJK Institute
Innovations in Anti-Fraud
REMUNERATION AND NOMINATION The Charter is reviewed periodically to ensure its
COMMITTEE coverage is in line with prevailing regulations and the
Bank’s business development. The latest review was
The Remuneration and Nomination Committee is approved by the members of the Remuneration and
the committee formed by and reports to the Board Nomination Committee on December 2, 2024.
of Commissioners to assist with the implementation
of the Board of Commissioners’ function and duties Duties and Responsibilities
related to remuneration and nomination of members of Details of duties and responsibilities of the Committee
the Board of Directors and members of the Board of are as follows:
Commissioners. Remuneration is a reward determined
and given to members of the Board of Directors and Related to Remuneration Policies
members of the Board of Commissioners as the 1. Conducting evaluation on remuneration policies;
position and role assigned to them are in accordance and
with the duties, responsibilities, and authority of 2. Providing recommendations to the Board of
members of the Board of Directors and members of the Commissioners on the following:
Board of Commissioners. a. Policies on remuneration, remuneration
structure and the amount of remuneration for
Legal Basis the Board of Commissioners and the Board
The legal basis used in the establishment of the of Directors for presentation at the General
Remuneration and Nomination Committee, namely: Meeting of Shareholders.
1. OJK Regulation No. 55/POJK.03/2016 dated b. Remuneration policy for Executive Officers and
December 7, 2016, and OJK Circular Letter No. 13/ employees in general to be presented to the
SEOJK.03/2017 dated March 7, 2017, regarding Board of Directors.
the Implementation of Governance for Commercial
Banks; and 3. The Committee is obligated to ensure that
2. Corporate Governance Manual of SMBC Indonesia. remuneration policies at minimum are in line with:
a. Financial performance and conforms with
Statement of Having Work Guideline and reserves as stipulated in prevailing regulations.
Procedure (Board Charter) b. Individual work performance.
In carrying out its duties and responsibilities, the c. Equality with the peer groups inside and
Remuneration and Nomination Committee has a Charter outside of the Bank
that regulates several matters, including: organization, d. Considerations of long-term goals and
membership requirements, independence, duties and strategies of the Bank.
responsibilities, remuneration policy for the Board of
Directors and Board of Commissioners, self-assessment Related to Nomination Policies
policy for the Board of Directors and Board of 1. Providing recommendations to the Board of
Commissioners, committee assessment, authority of the Commissioners on the composition of members
Remuneration and Nomination Committee, work ethics, of the Board of Directors and/or the Board of
meetings, reporting responsibilities, and term of duty. Commissioners.
322 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
2. Preparing and providing recommendations to the prospective members of the Audit Committee, Risk
Board of Commissioners on the criteria as well as Monitoring Committee, and Integrated Governance
procedures on the selection and/or replacement of Committee.
members of the Board of Commissioners and the 7. Assisting the Board of Commissioners on
Board of Directors to be presented at the General performance assessment of the independent
Meeting of Shareholders. parties through the following means:
3. Providing recommendations to the Board of • Committee determines individual performance
Commissioners on prospective members of the appraisal factors;
Board of Commissioners and/or the Board of • Committee receives assessment results on
Directors to be presented at the General Meeting committee members under the Board of
of Shareholders. Specifically on prospective Commissioners from the Committee Chairman;
members of the Board of Directors, the Human • Committee prepares recommendations on
Resources department assists in facilitating the basis of the assessment, to be provided
the talent management & succession planning to the Board of Commissioners, as basis
process where assessment is administered on of reappointment or dismissal purposes of
the availability of candidate members and future Committee members.
development potentials. Succession is carried
out through the identification of executive officers Independency
with such potential. Each member of the Board of Composition, qualification, and independency of
Directors presents his/her replacement candidate members of the Remuneration and Nomination
for evaluation by the Committee. Committee comply with OJK regulations. The
4. Assisting the Board of Commissioners in the Remuneration and Nomination Committee is led by an
performance assessment of members of the Board Independent Commissioner with the addition of one
of Directors and/or the Board of Commissioners. Independent Commissioner, two Commissioners, and
5. Preparing the competency development program one Executive Officer who possesses knowledge of
for members of the Board of Directors and/or the remuneration and nomination as well as of succession
Board of Commissioners. plan. The composition of members of the committee to
6. Providing recommendations to the Board of date has supported the principle of independency in the
Commissioners on Independent Parties as committee’s function.
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Ninik Herlani Masli Ridhwan Chairman Circular Decree of the Board of • March 1, 2020 – April
(Independent Commissioners No. PS/BOC/021/III/2022 21, 2022
Commissioner) and Decree of the Board of Directors • April 21, 2022 –
No. SK.006/DIR/CCS/IV/2022 AGMS 2025
2 Chow Ying Hoong Member Circular Decree of the Board of • February 1, 2019 -
(President Commissioners No. PS/BOC/021/III/2022 April 21, 2022
Commissioner) and Decree of the Board of Directors • April 21, 2022 –
No. SK.006/DIR/CCS/IV/2022 AGMS 2025
3 Mira Fitria Member Circular Decree of the Board of • July 1, 2020 - April 21,
(HR Executive Officer) Commissioners No. PS/BOC/021/III/2022 2022
and Decree of the Board of Directors No. • April 21, 2022 –
SK.006/DIR/CCS/IV/2022 AGMS 2025
Profile of Members of the Remuneration and Nomination Committee
Ninik Herlani Masli Ridhwan
Chairman of the Remuneration and Nomination Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Chow Ying Hoong
Member of the Remuneration and Nomination Committee (President Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 323
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Good Corporate Governance
Committees Under The Board of Commissioners
Nationality Indonesian
Domicile Jakarta
Age 47 years old at the end of the 2024 Financial Year
Educational • Post Graduate Research from the London School of
Background Economics and Political Science (LSE) (2006)
• Master’s degree in Arts (MA) from Lancaster University
(2001)
• Bachelor’s degree in Arts (BA) from Universitas Indonesia
(2000)
Position History, Initially appointed as Member of the Remuneration and
Legal Basis & Term Nomination Committee since July 1, 2020, based on Circular
Mira Fitria Decision of the Board of Commissioners No. PS/BOC/031/
of Office
Soetjipto VII/2020 and Decision Letter of the Board of Directors No.
Member of the SK.002/DIR/CCS/VII/2020, reappointed on April 21, 2022,
Remuneration based on Circular Decision of the Board of Commissionenrs
and Nomination No. PS/BOC/021/III/2022 and Decision Letter of the Board of
Committee (HR Directors No. 006/DIR/CCS/IV/2022.
Executive Officer)
Concurrent Positions Head of Human Resources of SMBC Indonesia
Work Experience • VP of Human Resources of Danone Waters Indonesia
(20192020).
• CHRO - Corporate Affairs & Sustainability, Human
Resources, Technology, and Strategy Management of the
Body Shop Indonesia (2017-2019).
• Human Resources Director of Microsoft Indonesia
(2014-2016).
• Senior HR Business Partner of Microsoft Indonesia
(2013-2014).
• HR Generalist for Retail Bank, Consumer Finance, Risk
Management, and Financial Control of CITI Indonesia
(2008-2013).
• Leadership, Talent, and Performance Management Head
of CITI Indonesia (2006-2008).
• Regional Management Associate: Consumer Bank
Training & Development Manager of Citibank Asia Pacific
Consumer Bank, Singapore (2003-2004).
• Investment, Treasury, and Insurance Compliance Manager
of Citibank Indonesia (2002-2003).
• Management Associate of Citibank Indonesia (2001-2002).
Affiliation No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Professional Certification such deliberation and consensus are not reached,
decision-making shall be conducted based on
No. Professional Certification Total Owners unanimous votes.
1 Risk Management Certification Level 7 2 3. Dissenting opinions that occur in the Committee
2 Risk Management Certification Level 6 1
meetings must be recorded clearly in the minutes of
the meeting with the reasons behind the dissenting
3 MSDM General Manager Certification 1
opinions.
Meeetings of the Remuneration and Meeting Frequency and Attendance of the
Nomination Committee Remuneration and Nomination Committee
During 2024, the Remuneration and Nomination
Terms and Reference Committee held 8 (eight) meetings and the details of the
The provisions related to the meetings of the attendance are presented below:
Remuneration and Nomination Committee established
within the Bank are as follows: Number
Name Attendance Percentage
1. The Remuneration and Nomination Committee of Meeting
holds periodic meetings at least once in 4 (four) Ninik Herlani Masli 8 8 100%
Ridhwan
months.
2. Decisions taken in the Committee meetings are Chow Ying Hoong 8 8 100%
based on deliberation and consensus. In the event Mira Fitria 8 8 100%
324 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Implementation of Activities in 2024
Date Agenda
February 2, 2024 1. Interview of Risk Monitoring Committee Member Candidates
2. Determination of Recommendation for the Appointment of Risk Monitoring Committee Members. Based on POJK
number 17 of 2023 dated September 14, 2023, Article 65 that Risk Monitoring Committee Members require more
comprehensive competencies, the Committee decided to postpone the recommendation.
February 21, 2024 1. Performance Evaluation of Members of the Board of Directors
2. Collegial Assessment of the Board of Directors, Board of Commissioners & Committee Members
February 23, 2024 Proposal of Remuneration for the Board of Directors, Board of Commissioners & Committee Members in 2024
May 15, 2024 1. BTPN Strategies
2. Updates from HR
May 20, 2024 1. Interview of Prospective Members of the Board of Commissioners
2. Determination of Recommendation for Appointment of Member of the Board of Commissioners
May 21, 2024 1. Interview of Prospective Members of the Risk Monitoring Committee
2. Determination of Recommendation for Appointment of the Risk Monitoring Committee Member
August 27, 2024 1. Interview of Prospective Members of the Board of Commissioners
2. Determination of Recommendation for Appointment of the Board of Commissioners Member
November 22, 2024 1. Interview of Prospective Members of the Board of Directors
2. Determination of Recommendation for Appointment of the Board of Directors Member
Competency Development of the Remuneration and Nomination Committee
Competency development presented here is only for independent members, as for members of the Remuneration and
Nominatin Committee from the Board of Commissioners is presented in the section “Board of Commissioners” of this
Annual Report.
Name of Participant Type of Training Time and Venue Organizer
Mira Fitria Leadership Series: Winning The Future, Serving Today March 7, 2024 Online learning
Mandatory SMBC Group 2024 (BOD, BOM, & Division Head) March 26, 2024 E-learning
HR Brownbag May 10, 2024
Leadership Series: Strategy And Insight For Navigating Merger & July 10, 2024 SMBCI
Acquisition In Digital Startup
HR Leaders Workshop 2024 July 29, 2024
SMR Level 5 Training August 8, 2024 SMBCI
SMR Level 5 Exam August 16, 2024 SMBCI
Statement on Anti-Fraud & Integrity Pact and Code of Conduct of PT August 20, 2024 E-learning
Bank BTPN Tbk 2024
Anti Fraud Awareness 2024 September 27, 2024 E-learning
Operational Risk Management 2024 September 27, 2024 E-learning
Refreshment to AML-CFT & PPPSPM 2024 September 27, 2024 E-learning
SMR Level 6 Training October 16, 2024 SMBCI
Learning Festival: Champion's Journey - Perseverance and Triumph October 24, 2024 SMBCI
from Olympic Gold Medallist
SMR Level 6 Exam October 25, 2024 SMBCI
Complaint Handling & Consumer Protection 2024 October 30, 2024 E-learning
Compliance 2024: Compliance Awareness and E&G October 30, 2024 E-learning
HR Year End Workshop 2024 November 9, 2024
Cyber & Information Security Awareness 2024 November 25, 2024 E-learning
SMR Level 7 Training December 9, 2024 SMBCI
Leadership Series: Future of Banking - Leveraging Gen AI for December 11, 2024 Online learning
Strategic Growth
SMR Level 7 Exam December 18, 2024 SMBCI
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Committees Under The Board of Commissioners
RISK MONITORING COMMITTEE to the Board of Commissioners and identifying
matters that require the attention of the Board of
The Risk Monitoring Committee assists the Board Commissioners.
of Commissioners in carrying out the duties and 3. Evaluating the conformity between the Company’s
responsibilities to actively supervise the risk risk management policies and their implementation
management of the Bank. to provide recommendations to the Board of
Commissioners.
Legal Basis 4. Monitoring and evaluating the implementation
The legal basis used in establishing the Risk Monitoring of duties of the Risk Management Committee
Committee consists of the following: and Risk Management work unit to provide
1. OJK of 2023 No. 55/POJK.03/2016 dated recommendations to the Board of Commissioners.
December 7, 2016, and Circular Letter of 5. In carrying out its duties and function, the
the Financial Services Authority No. 13/ Committee may investigate matters related to the
SEOJK.03/2017 on Governance Implementation in duties and responsibilities of the Committee, as
Commercial Banks well as with a consultant, public accountant, or
2. OJK Regulation No. 18/ POJK.03/2016 on Risk other external parties appointed by the Company
Management Implementation in Commercial Banks in the context of obtaining information as the
3. The Corporate Governance Manual. basis of the recommendations for the Board of
Commissioners.
Statement of Having Committee 6. If requested by the Board of Commissioners,
Charter\) the Committee may carry out other duties not
In carrying out its duties and responsibilities, the Risk mentioned in the Committee’s Charter, in line with
Monitoring Committee has a Charter, which stipulates, the function and role as well as the duty of the
among others: Duties and responsibilities, authority, Committee in accordance with the needs of the
organization, membership requirements, independence, Board of Commissioners from time to time.
meetings, term of office, committee assessment, work 7. Maintaining confidentiality of all Company’s data
ethics, and reporting responsibilities. and information documents.
The Charter is reviewed periodically to ensure that the Independency
scope of work of the Risk Monitoring Committee is The composition, qualifications, and independence
in line with the prevailing regulations and the Bank’s of the Risk Monitoring Committee members are in
business development. The latest review was approved accordance with the applicable provisions. The Risk
by members of the Risk Monitoring Committee on Monitoring Committee is chaired by an Independent
December 20, 2024. Commissioner with members of 2 (two) Independent
Commissioners, 2 (two) Commissioners, and 3 (three)
Duties and Responsibilities Independent Parties who have expertise in risk
In support of the effectiveness of the implementation management and finance.
of duties and responsibilities of the Board of
Commissioners, the Committee was assigned to Explanation of the Independent Commissioners and
provide independent recommendations or professional Independent Parties are:
advice to the Board of Commissioners on reports or 1. Independent Commissioner is a member of the
matters submitted by the Board of Directors to the Board of Commissioners having no financial,
Board of Commissioners and to identify matters that management, shares ownership, and/or family
require the attention of the Board of Commissioners, relations with other members of the Board of
among others, including the following: Commissioners, the Board of Directors, and/or
1. Preparing the annual work plan of the Committee controlling shareholders or other relations that may
and proposing to the Board of Commissioners for influence his/her capacity to act independently.
approval. 2. Independent Party is a party outside of the
2. Providing independent professional opinion to the Company with no financial, management, share
Board of Commissioners on reports or matters ownership, and/or family relations with the Board
related to reports or matters related to risk of Commissioners, the Board of Directors and/or
management submitted by the Board of Directors controlling shareholders, or other relations that may
influence its capacity to act independently.
326 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Onny Widjanarko Chairman Circular Decree of the Board of May 8, 2023-AGMS 2025
(Independent Commissioners No. PS/BOC/026/V/2023
Commissioner) and Decree of the Board of Directors
No. SK.008/DIR/CCS/ V/2023
2 Takeshi Kimoto Member Circular Decree of the Board of • February 1, 2019-April
(Commissioner) Commissioners No. PS/BOC/021/III/2022 21, 2022
and Decree of the Board of Directors • April 21, 2022-AGMS
No. SK.004/DIR/CCS/ IV/2022 2025
3 Edmund Tondobala Member Circular Decree of the Board of April 21, 2022-AGMS
(Independent Commissioners No. PS/BOC/021/III/2022 2025
Commissioner) and Decree of the Board of Directors
No. SK.004/DIR/CCS/ IV/2022
4 Ongki Wanadjati Dana Member Circular Decree of the Board of April 21, 2022-AGMS
(Commissioner) Commissioners No. PS/BOC/021/III/2022 2025
and Decree of the Board of Directors
No. SK.004/DIR/CCS/ IV/2022
5 Sofyan Rambey Member Circular Decree of the Board of • February 1, 2019-April
(Independent Party) Commissioners No. PS/BOC/006/II/2019 21, 2022
and Decree of the Board of Directors • April 21, 2022-AGMS
No. 003/DIR/CCS/II/2019, reappointed 2025
based on Circular Decree of the Board of
Commissioners No. PS/BOC/021/III/2022
and Decree of the Board of Directors
No. SK.004/DIR/CCS/IV/2022
6 Ivan Purnama Sanoesi Member Circular Decree of the Board of September 20, 2023
(Independent Party) Commissioners No. PS/BOC/048/IX/2023 Temporary term of office
and Decree of the Board of Directors
No. SK.009/DIR/CCS/X/2023
7 Marita Alisjahbana Member Circular Decree of the Board of September 2, 2024-
(Independent Commissioners No. PS/BOC/041/IX/2024 AGMS 2025
Commissioner) and Decree of the Board of Directors
No. SK.007/DIR/CCS/IX/2024
8 Nurhajati Soerjo Hadi Member Circular Decree of the Board of September 2, 2024-
(Independent Party) Commissioners No. PS/BOC/026/VI/2024 AGMS 2025
and Decree of the Board of Directors
No. SK.007/DIR/CCS/IX/2024
Profile of Risk Monitoring Committee Members
Onny Widjanarko
Chairman of the Risk Monitoring Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Takeshi Kimoto
Member of the Risk Monitoring Committee (Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Edmund Tondobala
Member of the Risk Monitoring Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Ongki Wanadjati Dana
Member of the Risk Monitoring Committee (Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Marita Alisjahbana
Member of the Risk Monitoring Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 327
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Good Corporate Governance
Committees Under The Board of Commissioners
Nationality Indonesian
Domicile Jakarta
Age 66 years old at the end of the 2024 Financial Year
Educational • MBA in Finance from John. M. Olin School of Business,
Background Washington University, St. Louis, USA (1993)
• Professinal title as Financial Risk Manager (FRM®) from
Global Association of Risk Professional (“GARP”)
Position History, Initially appointed as Member of the Risk Monitoring
Legal Basis & Term Committee (Independent Party) since February 1, 2019, based
on Circular Decree of the Board of Commissioners No. PS/
of Office
BOC/006/II/2019 and Decree of the Board of Directors No.
SK.007/DIR/CCS/II/2019, reappointed on April 21, 2022,
based on Circular Decree of the Board of Commissioners No.
Sofyan Rambey PS/BOC/021/III/2022 and Decree of the Board of Directors
Member of the Risk No. SK.004/DIR/CCS/IV/2022
Monitoring Committee
(Independent Party) Concurrent Positions • Director GReenZONES Society
• CEO & Presiden Director The Risk Forum
Work Experience • Regional Director of GARP (2005)
• EVP of PT Mandiri Sekuritas (2003-2005)
• Group Head of PT Bank Mandiri (2001-2003)
• Commissioner of PT Exim Securities (1998-2001)
• Bureau Head of PT Bank Exim (1998-2000)
• Section Head of PT Bank Exim (1994-1998)
• Section Head of PT Bank Exim (1988-1991)
• Account Officer of PT Bank Exim (1984-1987)
Affiliation No affiliation with the Board of Directors, Board of
Comissioners, and Controlling Shareholders.
Nationality Indonesian
Domicile Jakarta
Age 56 years old at the end of the 2024 Financial Year
Educational Bachelor of Arts in Business Finance and Banking from
Background Oregon State University, – Oregon, USA (1991)
Position History, Initially appointed as Member of the Risk Monitoring
Legal Basis & Term Committee (Independent Party) since September 2, 2024,
based on Circular Decree of the Board of Commissioners
of Office
No. PS/BOC/026/VI/2024 and Decree of the Board of
Directors No. SK.007/DIR/CCS/IX/2024
Concurrent Positions Advisor for HR of PT. Panin Dubai Syariah Bank, Tbk.
Nurhajati Soerjo
Work Experience • Head of Internal Audit PT. Bank BTPN, Tbk (2017-2024)
Hadi • Fraud Management Unit Head at PT Bank BTPN, Tbk
Member of the Risk (2015 - 2016)
Monitoring Committee • Quality Assurance and Corporate Client Execution Head at
(Independent Party) PT ANZ Bank Indonesia (2015)
• Business Development Director (Business Manager) of
International Banking at The Royal Bank of Scotland N.V.,
Jakarta Branch (2008 – 2013)
• Director at PT. RBS Finance Indonesia (2008 – 2012) •
Credit Portfolio Management Head at ABN AMRO Bank
N.V., Jakarta Branch (2005 - 2008)
• Deputy Head of Financial Restructuring & Recovery (FRR)
at ABN AMRO Bank N.V., Jakarta Branch (2003 - 2005)
• Financial Restructuring & Recovery Officer at ABN AMRO
Bank N.V., Jakarta Branch (1999 - 2005)
• Development Director (Business Manager) to Executive
Country at ABN AMRO Bank N.V., Jakarta Branch (1996 –
2008)
• Relationship Manager of Special Credits Group at ABN
AMRO Bank N.V., Jakarta Branch (1999)
• Team Leader/Relationship Manager of Indonesian
Corporate Banking for Medium Companies at ABN AMRO
Bank N.V., Jakarta Branch (1997-1999)
• Relationship Manager of Indonesian Corporate Banking at
ABN AMRO Bank N.V., Jakarta Branch (1996-1997)
• Corporate Credit Account Officer at PT IBJ Indonesia
Bank, Jakarta (1991 – 1995)
Affiliation No affiliation with the Board of Directors, Board
of Comissioners, and Controlling Shareholders.
328 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Ivan Purnama Sanoesi Meetings of the Risk Monitoring
Member of the Risk Monitoring Committee Committee
(Independent Party)
Profile is presented in the “Profile of the Audit Terms and Reference
Committee” section of this Annual Report. The provisions related to the meetings of the Risk
Monitoring Committee determined within the Bank are
Professional Certification as follows:
1. The Committee holds periodic meetings at least
Total once in 3 (three) months.
No. Professional Certification
Owners 2. Committee meetings may be attended in person
1 Sertifikasi Manajemen Risiko Tingkat I s/d III 2 or through the video conference facility. Such
2 Sertifikasi Manajemen Risiko Tingkat IV 2 meetings may be held if attended by at least 51%
3 Sertifikasi Manajemen Risiko Tingkat V 2 (fifty-one percent) of the total members, including
4 Sertifikasi Manajemen Risiko Tingkat VI 2 one Independent Commissioner member and one
5 Sertifikasi Manajemen Risiko Tingkat VII 3 Independent Party member.
6 Sertifikasi Financial Risk Manager (FRM) 1 3. Decisions taken in the Committee Meetings are
7 Trainer untuk pelatihan Sertifikasi Manajemen 1 based on deliberation and consensus. In the event
Risiko Tingkat I-V deliberation and consensus are not reached,
8 Sertifikasi CFA (Chartered Financial Analyst) L 1 decision-making is conducted based on unanimous
9 Sertifikasi Wakil Manajer Investasi (WMI) 1 votes.
10 Sertifikasi Wakil Penjamin Emisi Efek (WPEE) 1 4. Committee Meetings are led by the Chairman of the
11 Sertifikasi Wakil Perantara Perdagangan Efek 2 Committee.
(WPPE)
5. In the event the Committee Chairman is not
12 Sertifikasi Wakil Pialang Berjangka (WPB) 1
capable of attending, then one of the Committee
13 Fellowship in Nutritional and Environmental 1
Medicine; India, 2018
members attending the meeting is appointed to
chair the meeting.
14 Master in Advanced Nutritional Medicine;
Malaysia 2019 6. Dissenting opinions that occur in Committee
15 Training Sertifikasi Manajemen Risiko Jenjang 5 1 meetings must be clearly recorded in the minutes of
16 Training Sertifikasi Manajemen Risiko Jenjang 6 1 the meeting, together with the reasons behind the
17 Training Sertifikasi Manajemen Risiko Jenjang 7 1 dissenting opinions.
18 Training of Trainer (ToT) jenjang 4 BSMR 1 7. The Risk Monitoring Committee may make valid
19 Training of Trainer (ToT) jenjang 5 BSMR 1 decisions without having to hold a Committee
20 Training of Trainer (ToT) jenjang 6 BSMR 1 Meeting, with the condition that all committee
21 Training of Trainer (ToT) jenjang 7 BSMR 1 members are informed in writing and all committee
22 Training of Trainer (ToT) jenjang 4 LSPP 1
members approve in writing the proposed
23 Sertifikasi GRCP (Governance, Risk, 1
recommendation by signing the circular approval
Compliance Professional sheet. Decisions taken by such means have the
24 Sertifikasi GRCA (Governance, Risk, 1 same power as those legally made in Committee
Compliance Auditor) Meetings.
25 Sertifikasi IAAP (Integrated Audit & Assurance 1
Professional
Meeting Frequency and Attendance of the Risk
26 Sertifikasi ICEP (Integrated Compliance & 1
Ethics Professional) Monitoring Committee
27 Sertifikasi IPMP (Integrated Policy Management 1 During 2024, the Risk Monitoring Committee held 20
Professional) (twenty) meetings and the details of the attendance are
28 Sertifikasi IRMP (Integrated Risk Management 1 presented below:
Professional)
29 Sertifikasi IDPP (Integrated Data Privacy 1
Number
Professional) Name Attendance Percentage
of Meeting
30 Training GRI (Global Reporting Initiative) 1
Onny Widjanarko 20 20 100%
31 Training ESG (Environmental, Social, 1
Takeshi Kimoto 20 19 95%
Governance)
Edmund Tondobala 20 20 100%
32 Training SROI (Social Return On Investment 1
Ongki Wanadjati Dana 20 17 85%
33 32nd A4M Annual Longevity Fest 2024, 1
“Advancing Longevity Medicine Sofyan Rambey 20 18 90%
34 Qualified Internal Auditor (QIA) Certification 1 Ivan Purnama Sanoesi 13 13 100%
35 Indonesian Internal Audit Practitioner (IIAP) 1 Marita Alisjahbana1) 7 7 100%
Nurhajati Soerjo Hadi2) 7 7 100%
1) Effective as a member of the Committee since September 2, 2024
2) Effective as a member of the Committee since September 2, 2024
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 329
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Good Corporate Governance
Committees Under The Board of Commissioners
Implementation of Activities in 2024 • Implementation of Business Continuity
The Risk Monitoring Committee carried out its activities Management initiatives
in accordance with the work plan and agenda for 2024. • Design of internal control policies and
procedures on financial reporting/financial
In carrying out its duties, the Risk Monitoring Committee information and establishment of the Non-
monitored and evaluated the implementation of risk Financial Risk Management Committee
management, the conformity between the Bank’s to oversee and ensure the effectiveness
risk management policies and their implementation, of Non-Financial Risk Management
and the implementation of the duties of the Risk implementation in the Bank.
Management Committee, and the Risk Management • Implementation of Information System
work unit to provide recommendations to the Board Risk Management for the Payment System
of Commissioners, through discussions related to the
agenda and additional topics related to risks associated d. Other risks
with the Bank, among others: • Compliance risk key indicators,
1. Risk management implementation compliance risk profile, and activities to
a. Credit risk enhance compliance culture
• The condition of the Bank’s portfolio of all • Implementation of Anti-Money Laundering
segments and product programs, as well (AML) Program
as the monitoring of corrective measures • Exposure on Legal Risk, case handling
and new initiatives to maintain asset progress, and legal issues
quality in line with the risk appetite. • Strategic risk profile and strategic risk
• Annual Model Assessment Impact -2024 assessment parameters
• CKPN Backtesting • Description regarding reputation risk
• Portfolio by economic sector • Cyber Security Risk Management,
• Monitoring of Top 10 outstanding and including initiatives to strengthen the
CKPN of Corporate debtors Bank’s security posture, determination
of key indicators, preparation for
b. Market risk and liquidity risk the implementation of Data Privacy
• Monitoring market exposure and liquidity Management in relation to the Personal
• Impact of an increase in the BI interest rate Data Law, review of the results of the
• Market risk-weighted assets (RWA) in Cyber Security Maturity Assessment in
the calculation of new capital ratios for 2023, recent developments in cyber threat
reporting obligations risks, and mitigation.
• Review of NSFR parameters • Climate Risk
c. Operational Risk Management e. Plan of Action and condition of capital,
• Monitoring results related to operational liquidity, profitability, and asset quality
risk in the Non-Financial Risk (NFR)
Appetite framework and corrective 2. Mandatory reports to the Regulator, among others,
measures include Risk Profile Report, and Soundness Level
• Events and trends related to operational Report, analysis of stress test results.
risk and fraud as well as customer 3. Implementation of duties and responsibilities of the
complaints Risk Management Committee
• Monitoring of key risk indicators and risk 4. Risk Management Policy update in 2024
acceptance in ICSR (Internal Control and 5. Implementation of Anti-Fraud Strategy
Risk System) a. Prevention, detection, investigation, reporting,
• Implementation of corrective measures, and sanctions as well as follow-up monitoring
prevention of events related to operational and evaluation of the effectiveness of
risk, including the progress of projects preventive measures.
carried out for improvement and the
effectiveness of corrective and preventive
measures taken.
330 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
b. Other topics related to Anti-Fraud:
• Fraud detection from Whistleblowing channel
• Staff misconduct
• Exposure to employee training by the Human Resources Division and improvement of the employee
recruitment process to prevent fraud.
• KYE
• Fraud AI liveness
The Risk Monitoring Committee also developed a work plan and activities of the Risk Monitoring Committee for 2025
and reviewed the Risk Monitoring Committee Charter.
Competency Development of the Risk Monitoring Committee
The competency development presented is only for independent members, as for members of the Risk Monitoring
Committee from the Board of Commissioners has been presented in the “Board of Commissioners” chapter of this
Annual Report.
Name of Participant Type of Training Time and Venue Organizer
Nurhajati Soerjo Hadi 1. YPIA Annual Conference June 2024 YPIA
2. Risk Management Certification Level 7 Training October 4, 2024 BSMR
3. Risk Management Certification Level 7 October 11, 2024 BSMR
Sofyan Rambey 1. Risk Management Certification Level 5 August 6 – 7, 2024 BSMR
2. Risk Management Certification Level 6 August 29, 2024 BSMR
3. Sertifikasi Manajemen Risiko Level 7 October 4, 2024 BSMR
4. Global Reporting Initiative September 24 – 26, 2024 Kharisman Konsulting
5. Environment, Social, Governance October 4, 2024 Kharisman Konsulting
6. Social Return on Investment November 18 -19, 2024 Kharisman Konsulting
7. 32 Longevity Fest 2024
nd
December 13 – 15, 2024 American Academy for
anti-aging medicine
INTEGRATED GOVERNANCE 3. OJK Regulation No. 45/POJK.03/2020
COMMITTEE dated October 14, 2020, regarding Financial
Conglomeration.
The Committee was established to support the effective 4. Integrated Governance Manual of SMBC Indonesia.
implementation of the duties and responsibilities of 5. Corporate Charter.
the Board of Commissioners in assisting the Board
of Commissioners of the Main Entity, among others, Statement of Having Committee Charter
to monitor and evaluate the audit, risk management, In carrying out its duties and responsibilities, the
finance, compliance, and governance functions within Integrated Corporate Governance Committee has a
SMBC Financial Conglomerate. Charter, which stipulates among others: Organization,
membership requirements, independence, duties
Legal Basis and responsibilities, work ethics, meetings, reporting
The legal basis used in relation to the establishment of responsibilities, term of office, and committee
the Integrated Governance Committee is: assessment.
1. OJK Regulation No. 18/POJK.03/2014 dated
November 18, 2014, regarding the Implementation
of Integrated Governance for Financial
Conglomerates
2. OJK Regulation No. 28/POJK.03/2019 dated
November 14, 2019, regarding Banking Synergies
Under One Ownership for the Development of
Sharia Banking.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 331
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Good Corporate Governance
Committees Under The Board of Commissioners
The Charter is reviewed periodically to ensure the Independency
scope of work of the Integrated Corporate Governance Referred to the Integrated Governance Committee
Committee is in accordance with the applicable Charter, the Committee was established by the Board of
provisions and the Bank’s business development. The Commissioners of SMBC Indonesia as the Main Entity.
Integrated Governance Committee Charter was issued The Committee consists of an Independent Committee
on August 12, 2024. representing and appointed by the Main Entity and the
Member Entities, an Independent Party, and a member
Duties and Responsibilities of the Sharia Supervisory Board representing and
The Committee has at least the following duties and appointed by the Member Entities.
responsibilities: a. Independent Commissioner is a member of the
a. Evaluating the implementation of Integrated Board of Commissioners who:
Governance at least through assessing 1) not a person who works or has the authority
the adequacy of internal control and the and responsibility to plan, lead, control, or
implementation of the integrated compliance supervise the activities of the Main Entity or
function; Member Entity within the last 6 (six) months,
b. Providing recommendations to the Board of except for reappointment as Independent
Commissioners of the Main Entity for the refinement Commissioner in the following period;
of the Integrated Governance Manual; and 2) does not own shares either directly or indirectly
c. Monitoring the implementation of Banking Synergy. in the Main Entity or Member Entity;
3) has no affiliation with the Main Entity or
Related to the above matters, then: Member Entity, members of the Board of
a. To support the effectiveness of duties and Commissioners, members of the Board of
responsibilities of the Board of Commissioners Directors, or major shareholders of the Main
of the Main Entity, the Committee prepares an Entity or Member Entity; and
annual activity plan approved by the Board of 4) has no direct or indirect business relationship
Commissioners. related to the business activities of the Main
b. The Committee receives periodic reports on the Entity or Member Entity.
implementation of audit, risk, finance, compliance,
and governance functions at entities within the b. Sharia Supervisory Board
Financial Conglomerate. Sharia Supervisory Board is a party outside the
c. The Committee provides recommendations to Main Entity or Member Entity that does not have
the Board of Commissioners (if necessary) on the financial and family relations with fellow members
reports received in accordance with letter b above. of the Board of Commissioners, Board of Directors
d. The Committee provides reports to the Board of and/or controlling shareholders of the Main Entity or
Commissioners on its activities on a regular basis. Member Entity.
e. Maintaining the confidentiality of all documents, c. Independent Party is a party outside the Main
data, and information obtained and possessed from Entity or Member Entity that has no financial,
all entities within the Financial Conglomerate. management, share ownership and/or family
relations with the Board of Commissioners, Board
of Directors and/or controlling shareholders or
other relationships that may affect its ability to act
independently.
332 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Composition and Term of Office
No. Name Position Basis of Appointment Term of Office
1 Onny Widjanarko Chairman Circular Decree of the Board of August 2, 2024-AGMS
(Independent Commissioner of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Bank SMBC Indonesia Tbk) and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
2 Ninik Herlani Masli Member Circular Decree of the Board of August 2, 2024-AGMS
Ridhwan (Independent Commissioner of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Bank SMBC Indonesia Tbk) and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
3 Dewie Pelitawati Member Circular Decree of the Board of August 2, 2024-AGMS
(Independent Commissioner of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Bank BTPN Syariah Tbk) and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
4 Muhamad Faiz Member Circular Decree of the Board of August 2, 2024-AGMS
(Sharia Supervisory Board of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Bank BTPN Syariah Tbk) and Decree of the Board of Directors No.
SK.006A/DIR/CCS/VIII/2024
5 Murniaty Santoso Member Circular Decree of the Board of August 2, 2024-AGMS
(Independent Commissioner of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Oto Multiartha) and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
6 Doddy Susanto Member Circular Decree of the Board of August 2, 2024-AGMS
(Independent Commissioner of Commissioners No. PS/BOC/038/VIII/2024 2025
PT Summit Oto Finance) and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
7 Sofyan Rambey Member Keputusan Sirkuler Dewan Komisaris Nomor 2 Agustus 2024-RUPST
(Independent Party) PS/BOC/038/VIII/2024 dan Surat Keputusan 2025
Direksi Nomor SK.006A/DIR/CCS/VIII/2024
Profile of Members of the Integrated Governance Committee
Onny Widjanarko
Chairman of the Integrated Governance Committee (Independent Commissioner of SMBC Indonesia)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Ninik Herlani Masli Ridhwan
Member of the Integrated Governance Committee (Independent Commissioner)
Profile is presented in the “Profile of the Board of Commissioners” section of this Annual Report.
Nationality Indonesian
Domicile Jakarta, Indonesia
Age 65 years old at the end of the 2024 Financial Year
Educational • Bachelor’s degree in Law from Universitas Padjadjaran
Background (1984)
• Master’s degree in Law from Universitas Padjadjaran (2005)
Position History, Circular Decree of the Board of Commissioners No. PS/
Legal Basis & Term BOC/038/VIII/2024 and Decree of the Board of Directors
No. SK.006A/DIR/CCS/VIII/2024
of Office
Term of Office: August 2, 2024 - AGMS 2025
Concurrent • Financial Institutions: Independent Commissioner
Positions PT Bank BTPN Syariah Tbk (2014-present)
Dewie Pelitawati • Non-Financial Institutions: Member of the Audit Committee
Member of the of Universitas Padjadjaran
Integrated Governance
Committee Work Experience • Senior GM of Corporate Legal, Governance, and
(Independent Compliance and Advisor to CEO of XL-Axiata Tbk
Commissioner of (2013-2018)
PT Bank BTPN Syariah • Partners at Bahar and Partners Attorney at Law (2010-2013)
Tbk) • Commissioner of PT Indosat Mega Media Mobile
(2002-2003)
• Commissioner of PT Satelindo (2002-2003)
• SPV of Legal/General Counsel of PT Indosat (2002-2008)
• Secretary to Junior Minister at the Minister for National
Economic Restructuring-RI (2001)
• Head of Chairman Office of Indonesia Bank Restructuring
Agency (1999-2000)
• Legal Manager of PT Indosat (1985-1999)
Affiliation No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 333
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Good Corporate Governance
Committees Under The Board of Commissioners
Nationality Indonesian
Domicile Jakarta, Indonesia
Age 50 years old at the end of the 2024 Financial Year
Educational • Bachelor’s degree in Sharia from Universitas Islam
Background Madinah (1997)
• Master’s degree in Daarul Ulum from Universitas Kairo
(2013)
Position History, Circular Decree of the Board of Commissioners No. PS/
Legal Basis & Term BOC/038/VIII/2024 and Decree of the Board of Directors No.
SK.006A/DIR/CCS/VIII/2024
of Office
Term of Office: August 2, 2024 - AGMS 2025
Concurrent Positions • Financial Institutions
Muhamad Faiz 1. Member of Sharia Supervisory Board of PT Bank BTPN
Member of the Syariah Tbk (2017-present)
Integrated Governance 2. Member of Sharia Supervisory Board of Sharia
Committee (member of Business Unit of PT Bank Tabungan Negara (Persero)
the Sharia Supervisory Tbk (2023-present)
Board of PT Bank BTPN 3. Chairman of the Sharia Supervisory Board of PT IMFI
Syariah Tbk) Syariah (2012-present)
• Non-Financial Institutions
1. General Chairman of MUI DKI Jakarta (2023-2028)
2. Sharia Katib of PBNU (2022-2027)
3. Pleno Member of DSN MUI (2020-2025)
4. Vice Chairman of the Bahtsul Masail Institute at PBNU
(2015- present)
5. Deputy Secretary of MUI Fatwa Commission
(2010-present)
6. Deputy Head of PP Darul Rohman (2008- present)
Work Experience According to the information contained in the concurrent
position disclosure column (still active)
Affiliation No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Nationality Indonesian
Domicile Jakarta
Age 71 years old at the end of the 2024 Financial Year
Educational Master of Science from MIT-Sloan School, Boston, United
Background States of America (1989)
Position History, Circular Decree of the Board of Commissioners No. PS/
Legal Basis & Term BOC/038/VIII/2024 and Decree of the Board of Directors No.
of Office SK.006A/DIR/CCS/VIII/2024
Term of Office: August 2, 2024 - AGMS 2025
Concurrent Positions • Independent Commissioner of PT Summit Oto Finance
(2005-present)
Murniaty Santoso
• Independent Commissioner of PT Oto Multiartha
Member of the
(2003-present)
Integrated Governance
Committee Work Experience President Commissioner of PT Verena Multifinance Tbk
(Independent (2003 – 2021)
Commissioner of
PT Oto Multiartha) Affiliation No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
334 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Nationality Indonesian
Domicile Jakarta
Age 64 years old at the end of the 2024 Financial Year
Educational Social and Political Commerce Administration from Universitas
Background Katholik Parahyangan (1984)
Position History, Circular Decree of the Board of Commissioners No. PS/
Legal Basis & Term BOC/038/VIII/2024 and Decree of the Board of Directors
of Office No. SK.006A/DIR/CCS/VIII/2024
Term of Office: August 2, 2024 - AGMS 2025
Concurrent Positions • Independent Commissioner of PT Summit Oto Finance
(2022-present)
Doddy Susanto
• Commissioner of PT Karya Dosan Mandiri
Member of the
Integrated Governance Work Experience • Commissioner of PT Karya Dosan Mandiri (2015 – present)
Committee • Director at PT Sinartama Gunita (2017 – 2021)
(Independent • Commissioner at PT Sinar Mas Multifinance (2017 – 2021)
Commissioner of PT • Commissioner at PT Pasar Dana Pinjaman (2016 – 2021)
Summit Oto Finance) • President Director at PT Sinar Mas Multiartha, Tbk
(2009 – 2021)
• Commissioner at PT AB Sinar Mas Multifinance
(2002 - 2021)
• President Director at PT Sinar Mas Multifinance
(2000 – 2017)
Affiliation No affiliation with the Board of Directors, Board of
Commissioners, and Controlling Shareholders.
Sofyan Rambey 4. Committee meetings may be attended physically
Member of the Integrated Governance Committee or through video conference facilities. Such
(Independent Party) Committee meetings can only be held if attended
Profile is presented in the “Profile of the Risk Monitoring physically or virtually by at least 51% (fifty-
Committee” section of this Annual Report. one percent) of the total number of Committee
members, including the Chairman of the Committee
Professional Certification or Independent Commissioner of the Main Entity.
5. Decisions of the Committee meetings are
No. Professional Certification Total Owners made based on deliberation and consensus. If
1 Risk Management Certification Level 6 4 deliberation and consensus cannot be reached,
decisions shall be made based on a majority vote.
6. The Committee meeting shall be led by the
Meetings of the Integrated Governance Chairman of the Committee.
Committee 7. If the position of the Committee Chairman is
vacant, the Independent Commissioner of the
Terms and Reference Main Entity may temporarily replace the position
Provisions related to the implementation of Integrated of chairman of the committee as chairman of the
Governance Committee meetings have been regulated Meeting.
in the Integrated Governance Committee charter: 8. Dissenting opinions occurring in the Committee
1. The Committee holds regular meetings at least meeting shall be stated clearly in the minutes of the
once every 6 (six) months. meeting along with the reasons for the dissenting
2. The Committee may invite parties other than opinions.
Committee members from SMBC Financial 9. The Committee may also make valid decisions
Conglomeration to attend and provide information without holding a Committee Meeting, as long as
in the Meeting if related to the agenda of the all members of the Committee have been notified
Meeting. in writing and all members of the Committee agree
3. At the invitation of the Chairman of the Committee, to the proposal submitted in writing by signing
members of the Board of Commissioners who are the circular agreement. Decisions made in such
not members of the Committee may attend the a manner shall have the same force as decisions
Committee Meeting as observers who do not have made validly at a Committee Meeting.
voting rights in the decision-making of the Meeting.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 335
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Good Corporate Governance
Committees Under The Board of Commissioners
Meeting Frequency and Attendance of Implementation of Activities in 2024
the Integrated Governance Committee The Integrated Governance Committee was established
During 2024, the Integrated Corporate Governance on August 2, 2024.
Committee held 2 (two) meetings and the details of the
attendance are presented below: The implementation of activities that have been
carried out during the second semester of 2024 by the
Number Integrated Governance Committee are:
Name Attendance Percentage
of Meeting
Onny Widjanarko 2 2 100% Date Activity
Ninik Herlani Masli 2 2 100% August 6, 2024 Town Hall Meeting SMBC Group
Ridhwan
August 14, 2024 Meeting of the Integrated Governance
Dewie Pelitawati 2 2 100% Committee
Muhamad Faiz 2 2 100% November 21, 2024 Meeting of the Integrated Governance
Murniaty Santoso 2 2 100% Committee
Doddy Susanto 2 2 100%
Sofyan Rambey 2 1 50%
Competency Development of the
Integrated Governance Committee
Competency development for members of the
Integrated Governance Committee from the Board of
Commissioners of SMBC Indonesia has been presented
in the “Board of Commissioners” chapter of this Annual
Report.
Name
Type of Training Time and Venue Organizer
of Participant
Dewie Pelitawati 1. Townhall within the Scope of SMBC Financial January 18, 2024 BTPN
Conglomerate (via Zoom Meeting)
2. Townhall within the Scope of SMBC Financial July 6, 2024 BTPN
Conglomerate (via Zoom Meeting)
3. Understanding Interrelation: Banking, Venture Capital July 10, 2024 BTPN
(via Zoom Meeting)
4. Personal Data Protection Training (PDP) August 22, 2024 Pricewaterhousecoopers
(via Microsoft Teams) Consulting Indonesia
(PwC)
5. Risk Management Certification Level 6 Alignment Training September 18 – 20, 2024 BARA
(Bali)
6. Risk Awareness September 30, 2024 Jonny Effendi
(Jakarta) (Trainer Market)
7. Risk Management Certification Level 6 Recertification November 28, 2024 LSPKS
(Jakarta)
Muhammad Faiz 1. Pra-Ijtima’ Sanawi Workshop (Annual Meeting) of Sharia September 11, 2024 DSN – MUI
Supervisory Board of the Sharia Banking Department (Jakarta)
2. Ijtima’ Sanawi (Annual Meeting) of Sharia Supervisory October 11 – 12, 2024 DSN – MUI
Board (Jakarta)
Murniaty Santoso Webinar “Economic and Financial Outlook 2024” February 22, 2024 OJK Institute
(via Zoom Meeting)
Doddy Susanto 1. Webinar “Connecting the Dots” January 11, 2024 OJK Institute
(via Zoom Meeting)
2. Webinar “Economic and Financial Outlook” February 22, 2024 OJK Institute
(via Zoom Meeting)
3. Webinar “Navigating the Half-year: Roadmap to Success” June 20, 2024 OJK Institute
(via Zoom Meeting)
Sofyan Rambey 1. Risk Management Certification Level 5 August 6 – 7, 2024 BSMR
2. Risk Management Certification Level 6 August 29, 2024 BSMR
3. Global Reporting Initiative September 24 – 26, 2024 –
4. Environment, Social, Governance October 4, 2024 –
5. Social Return on Investment November 18 -19, 2024 –
6. 32nd Longevity Fest 2024 December 13 – 15, 2024 –
336 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Committees Under
The Board of Directors
SMBC Indonesia established committees that report to Work Guidelines and Procedures
the Board of Directors to support the implementation of (Charter)
duties and responsibilities of the Board of Directors. In The ALCO’s Charter is established as guidelines or
accordance with the provisions, the Bank is required to reference for members of ALCO, among others, for the
have at least 3 (three) committees that assist the duties following:
of the Board of Directors, namely the Risk Management 1. Monitoring and managing assets and liabilities.
Committee, Asset and Liability Committee, and 2. Monitoring market development and factors that
Information Technology Steering Committee. may influence the financing and liquidity of the
bank.
However, considering the complexity of SMBC 3. Monitoring the bank’s risk exposure such as
Indonesia’s business, it requires management and interest and exchange value risk.
quality improvement in the implementation of good 4. Deciding and providing directions in interest rate
corporate governance. Therefore, the Bank established management, both interest funding and lending.
10 (ten) committees as follows: 5. And other related matters.
1. Asset and Liability Committee
2. Risk Management Committee Duties and Responsibilities
3. Information Technology Steering Committee The Asset and Liability Committee has duties and
4. Credit Policy Committee responsibilities, among others, including the following:
5. Credit Committee 1. Reviewing, monitoring, and approving the overall
6. Information Governance Steering Committee balance sheet strategy on liquidity, price, and
7. Human Resource Committee capital management.
8. Fraud Committee 2. Providing an overview of the domestic and world
9. Sustainability Committee economic conditions, as well as the implication
10. Integrated Risk Management Committee analysis from the monetary and fiscal policies that
have been and/or will be taken by the government.
ASSET AND LIABILITY COMMITTEE Statement of Committee Independence
(ALCO) All committee members are capable of carrying out
their duties and functions independently for the Bank’s
Structure and Membership interests, without being influenced by any party.
Composition of members of the Asset and Liability
Committee (“ALCO”) as of December 31, 2024, is as
follows:
Chairman: Director of Treasury
Members:
1. President Director
2. Deputy President Director 1
3. Deputy President Director 2
4. Head of Risk Management
5. Director of Finance and Planning
Secretary: Head of Treasury
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 337
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Good Corporate Governance
Committees Under The Board of Directors
Implementation of Duties in 2024
The implementation of activities and or decisions that have been taken and realized throughout 2024 are:
Time of
No. Activity
Implementation
1 Approved increase in Treasury Limit for bond trading activities; discussed Dec-23 liquidity situation as a lesson January 2024
for the future (use of NSFR and LCR indicators as reference); targeting LFR below 100%.
2 Increased Supplementary Liquidity Limit from Rp10,050 billion to Rp10,400 billion. February 2024
3 Approved LCR and NSFR internal limit increase and approved Wijaya Karya loan restructuring. March 2024
4 Discussion on short-term IDR FTP curve adjustment. April 2024
5 Approved IDR FTP curve adjustment and updated information on the IFC facility. May 2024
6 Approved the addition of short-term IDR FTP sources to minimize volatility and improve the competitiveness of June 2024
the Bank as well as updated information on the progress of the bond issuance process.
7 Approved changes to macroeconomic assumptions in RBB 2025-2027; and approved adjustments to the July 2024
short-term IDR FTP (in terms of the use of weekly data from daily; issuance of FTP to every two weeks from
previously every week and for special conditions, the movement of the FTP curve can be minimized with the
expert judgment of the Director of Treasury/alternative).
8 Approved IDR FTP specifically for JF OTO SOF. August 2024
9 Discussion on the issuance of PUB V Phase II Year 2024 Bonds. September 2024
10 Approved changes to Treasury Limit for Supplementary Liquidity, Banking BPV Limit for new currencies AUD, October 2024
SGD, and CNH, BPV Banking Book for JPY and EUR, and Money Gap for AUD, SGD, and CNH currencies.
11 Approved IDR FTP and USD FTP proposals for RBB 2025-2027 and Interest Rate Risk Banking Book (IRRBB) October 2024
for 2025.
12 Approved bilateral loans with other banks October 2024
13 Approved the ongoing FTP and Income on Capital (IOC) Policy for RBB 2025-2027 October 2024
14 Approved the percentage of CASA Core Balance for RBB 2025-2027. October 2024
15 Approved Incentives for CASA and Non-Sensitive CASA. October 2024
16 Approved the October 2024 Prime Lending Rate Issuance based on POJK SBDK. October 2024
17 Documented the existing FTP Methodology for FCY (USD, JPY, EUR, AUD, CNH, SGD). November 2024
18 Approved Special Pricing for the purchase of Corporate Bonds in the context of fulfilling the RPIM target. November 2024
19 Approved the Issuance of the November 2024 Prime Lending Rate based on POJK SBDK. November 2024
20 Approved proposal from the Business Banking division for Back-to-Back and Collateralized Cash Loans. December 2024
21 Approved Special Pricing for Notional Pooling. December 2024
22 Discussion on incentive scheme for CASA and Non-Sensitive CASA. December 2024
23 Discussion on the component of Prime Lending Rate for December 2024. December 2024
Meeting Frequency and Attendance
Throughout 2024, the ALCO Committee held 12 (twelve) meetings, with details of attendance of its members as
follows:
Number of
Name Position Attendance Percentage
Meeting
Keishi Kobata Chairman/Director of Treasury 12 12 100%
Henoch Munandar Member/President Director 12 10 83%
Kaoru Furuya Member/Deputy President Director 12 10 83%
Darmadi Sutanto Member/Deputy President Director 12 11 92%
Sendiaty Sondy Member/Head of Risk Management 12 12 100%
Hanna Tantani Member/Director of Finance and Planning 12 11 92%
Wiwig Santoso Secretary/Head of Treasury 12 12 100%
338 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Competency Development 3. If deemed necessary, the committee may invite
The competency development of Board of Directors- other parties outside of the Committee Members
level committee members is presented in the to attend a meeting, including but not limited to
competency development section of the Board of Subsidiary Companies.
Directors. 4. Only Permanent Members have Voting Rights.
5. Permanent Non-Voting Members are not counted in
the attendance quorum.
RISK MANAGEMENT COMMITTEE 6. Meetings may only be held if attended and/
or represented by more than 50% of the total
Structure and Membership Committee members with voting rights.
The composition of the Risk Management Committee as 7. Decisions taken at committee meetings must be
of December 31, 2024, is as follows: based on deliberation to reach a consensus. In the
event a decision cannot be reached, the decision
The membership of the committee is ex officio must be taken through a vote of more than 50% of
(by position) which consists of: the committee members with voting rights who are
present at the meeting.
Chairman: Head of Risk Management 8. In the event of a conflict of interest, decision-
making should be aligned with the procedure of
Members: conflict of interest that has been arranged in the
• Permanent Voting members: corporate policy.
1. President Director 9. Dissenting opinions that occurred during a
2. Deputy President Director 1 Committee meeting must be recorded clearly
3. Deputy President Director 2 in the Minutes of the Meeting, along with the
4. Director of Compliance & Legal reasons for the dissension in opinion. The head
5. Director of Corporate Banking Japanese of Risk Management has the authority to convey
6. Director of Treasury the escalation that occurred with regard to the
7. Director of Operational & Technology dissenting opinions in the Committee to the Risk
8. Director of Finance & Planning Monitoring Committee for recommendations.
9. Head of Business Banking 10. Reports/materials of the Risk Management
10. Head of Information Technology Committee are prepared by the Risk Management
11. Head of Retail Lending Business Unit. The unit must submit the materials/data
12. Head of Wealth Management Business and every month to the appointed (PIC) of the Risk
Network & Distribution Head Management Unit no later than eight working days
13. Head of Digital Banking following the month-end.
14. Head of Human Resources 11. The Risk Management Unit may request additional
15. Head of Wholesale, Commercial & Transaction information/data from other units at the Bank to
Banking be included in the Risk Management Committee
16. Head of Treasury report/materials.
12. The results of the committee meeting must
• Permanent Non-Voting members: be stated in the Minutes of the Meeting and
1. Head of Internal Audit documented accordingly.
2. Risk Management Executive Officer (Secretary) 13. Meeting results in the form of the minutes of
the meeting are reviewed by the Operational &
Meeting Procedures Fraud Risk Management Head, Market & Liquidity
Implementation guidelines for Risk Management Risk Management Head, and Risk Management
Committee meetings are as follows: Planning Head and signed by the Chairman and
1. Meetings of the Committee are held at least 8 Secretary of the Meeting.
(eight) times annually in line with the set meeting 14. The Committee can make valid decisions without
agenda. If required, a meeting may be held at any meeting arrangements through the circulation
time upon the request of one of the Permanent media of the committee, which is approved by all
Voting Members. permanent voting members. This process may be
2. The meeting is led by the Chairman of the carried out as long as the submitted proposal has
Committee. In the event the Chairman of the been conveyed in the circular to all Permanent
Committee is unable to attend, the meeting will be Voting Members.
led by one of the committee members who serves
as a Director and appointed at the meeting.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 339
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Good Corporate Governance
Committees Under The Board of Directors
Duties and Authorities 10. In the context of risk monitoring with subsidiaries,
The Risk Management Committee has the duties and every quarter, the Bank’s consolidation with
authorities, among others, as follows: subsidiaries is submitted as well as consolidated
1. Formulating risk management policies and reporting of Risk Profile, RBBR, and ICAAP in
frameworks, risk limits as well as updates, accordance with BI/OJK regulations.
amendments, and/or improvements. 11. Providing reports on the implementation of Phishing
2. Evaluating alignment between risk management Simulation and review of SLIK information leakage
policies and their implementation. and other confidential information quarterly.
3. Evaluating and providing recommendations on any 12. Providing information related to the monitoring
transactions or activities that deviate from normal results of the Cyber Security Key Risk Indicator.
procedures. 13. In terms of decision-making, the Risk Management
Committee provides several approvals, including
Statement of Committee Independence Security Risk Indicators and their updates,
All committee members are capable of carrying out deactivation of devices without the latest Anti-Virus
their duties and functions independently for the Bank’s and Cyber Security Roadmap and its Heatmap.
interests, without being influenced by any party. 14. Communicating Cyber incident information
internally and externally, including lessons learned
Implementation of Duties in 2024 and preventive measures taken.
During 2024, the Risk Management Committee held 12 15. Providing information related to monitoring by
meetings with the following discussion agenda: the SOC (Security Operation Center), Threat Map
1. Monitoring and managing of credit risk that Dashboard, results of application vulnerability level
cover Debt Balances, Credit Quality, Top 10 Loan scanning, and Cyber Security Drill reports.
Outstanding and Impairment, Cost of Credit 16. Providing updates and status on all cybersecurity
(CoC), including Write-offs and Recoveries as well programs and projects, including the results
as monitoring the implementation of Credit Risk of surveillance audits related to ISO27001, the
Appetite and Risk Tolerance and providing up- latest developments related to the ongoing
to-date information in relation to debtors under implementation project of the Personal Protection
monitoring status. Law.
2. Submission of information related to stress tests 17. Proposing a strategy for the implementation of
to fulfill regulatory and internal bank needs include security patching to block vulnerabilities and avoid
approval on review result under stress test scenario cyber-attacks.
on exchange rate risk. 18. Implementation of operational risk tools such as
3. Submission of information related to the annual Non-Financial Risk (NFR) appetite, including the
model review under PSAK 109 and Back-Testing of main overview of operational risk events, nominal
CKPN adequacy. losses, recovery of operational risk events, key
4. Submission of information related to credit indicators of operational risk, customer complaints,
concentration, including by economic/industry results of the review of Top & Emerging Risks
sector. related to NFR, results of cross-validation of the
5. Monitoring and managing of credit risk on implementation of key-control self-assessment
subsidiaries. (KCSA), implementation of business continuity
6. Monitoring results of Risk Appetite Measure for management (BCM), reports on the implementation
market and liquidity risk and monitoring of liquid of Internal Control & Risk (ICR) meetings and the
asset ratio. results of Internal Control & Risk maturity self-
7. Monthly monitoring and reporting on Recovery assessment (MSA).
Action Plan indicators. 19. Several new initiatives such as the establishment of
8. Submission of information related to the Resolution the NFR Committee which will commence in 2025
Plan Document, Recovery Action Plan Document, and the creation of an umbrella policy/procedure on
and Review of the Guidelines for the Resolution internal control over financial reports/information.
Plan and Recovery Action Plan.
9. Submission of information related to the
management of other risks, namely Compliance
Risk, Strategic Risk, Reputation Risk, and Legal
Risk.
340 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
20. Implementation of four pillars of anti-fraud strategy, including the implementation of an Anti-Fraud awareness
campaign, training & socialization, incidence of fraud and staff misconduct, losses caused by fraud, and external
fraud related to dispute transaction/account opening.
21. Submission of information on the update of policies and procedures for operational risk management and Anti-
Fraud Strategy.
Meeting Frequency and Attendance
Throughout 2024, the Risk Management Committee held 12 (twelve) meetings, with the details of attendance of its
members as follows:
Number of
Name Position Attendance Percentage
Meeting
Chairman
Sendiaty Sondy Head of Risk Management 12 12 100%
Permanent Voting Members
Henoch Munandar President Director 12 10 83%
Kaoru Furuya Deputy President Director 1 12 10 83%
Darmadi Sutanto Deputy President Director 2 12 11 92%
Dini Herdini Director of Compliance & Legal 12 7 58%
Atsushi Hino Director of Corporate Banking (Japanese) 12 11 92%
Keishi Kobata Director of Treasury 12 12 100%
Merisa Darwis Director of Operational & Technology 12 11 92%
Hanna Tantani Director of Finance & Planning 12 11 92%
Jeffrey Cheanandro Tjoeng Head of Business Banking 12 11 92%
Jeny Mustopha Head of Information Technology 12 11 92%
Purnomo B. Soetadi Head of Retail Lending Business 12 8 67%
Helena Head of Wealth Management Business and Network & 12 10 83%
Distribution Head
Irwan Sutjipto Tisnabudi Head of Digital Banking 12 10 83%
Mira Fitria Head of Human Resources 12 10 83%
Ir Nathan Christianto Head of Wholesale, Commercial & Transaction Banking 12 8 67%
Wiwig Wahyu Santoso Head of Treasury 12 12 100%
Permanent Non-Voting Members
Nurhajati Soerjo Hadi 1) Head of Internal Audit 5 5 100%
Anke Subandy 2) 7 7 100%
Wahyu Nugroho Risk Management Executive Officer (Secretary) 12 12 100%
Effective date:
1) Effective until May 31, 2024
2) Effective since June 1, 2024
Competency Development
Competency development of the Board of Directors-level committee members is presented in the competency
development of the Board of Directors section.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 341
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Good Corporate Governance
Committees Under The Board of Directors
INFORMATION TECHNOLOGY 4. The meetings can only be held if attended and/
STEERING COMMITTEE or represented by more than 50% of the total
Committee members with voting rights with
Structure and Membership the condition that one of these members is the
Chairman: Director of Operational & Technology Committee Chairman and/or President Director;
5. The decisions at the meeting must be made based
Members: on deliberation and consensus. If decisions based
• Permanent Voting Members: on deliberation and consensus cannot be reached,
1. President Director then decisions are to be taken by voting based
2. Deputy President Director 1 on affirmative votes of more than 50% of the total
3. Deputy President Director 2 valid votes extended at the concerned meeting,
4. Director of Corporate Banking (Japanese) including the Chairman of the Committee and/or
5. Director of Treasury President Director;
6. Director of Finance and Planning 6. In the event of conflict of interest, then decision-
7. Head of Business Banking making is carried out in accordance with the
8. Head of Retail Lending Business provision on conflict of interest as regulated in the
9. Head of Wealth Management Business and Corporate Policy;
Network & Distribution Head 7. Dissenting opinions that occur in the Committee
10. Head of Digital Banking meetings are required to be recorded clearly in
11. Head of Wholesale, Commercial & Transaction the minutes of the meeting, as well as the reasons
Banking behind the dissenting opinions;
12. Head of Risk Management 8. Meeting results are required to be denoted in the
13. Head of Information Technology Minutes of Meeting and documented;
9. More than 50% of the Committee meetings are
• Permanent Non-Voting Members: attended by more than 70% of the committee
1. Head of Internal Audit members;
2. Head of IT Governance Management 10. If deemed necessary, the Committee may invite
3. Information Technology Executive Officer other parties other than the members, including
(Secretary) Subsidiaries to attend the meeting Meeting
decisions are in the form of Minutes of Meeting
Work Guidelines and Procedures signed by the Chairman and the Secretary of
(Charter) the Meeting. The Minutes of the Meeting is then
The Work Guidelines established by the Bank is as circulated to members of the Committee;
follows: 11. The Committee may make valid decisions without
1. Meetings of the IT Steering Committee are held having to hold the meetings by means of the
at least 3 (three) times a month in line with the Committee’s circular media as approved by all
established meeting agenda. If required, the IT Permanent Voting Members. This process may be
Steering Committee meetings may be held at conducted as long as the proposal submitted is
any time upon request by one Permanent Voting extended in a circular to all Permanent Members.
Member;
2. The meetings are led by the Committee Chairman. Duties and Responsibilities
In the event the Chairman is not able to attend, the The chairman is responsible for the following:
meeting is then chaired by one of the Committee 1. Setting up meeting schedules and determining
members serving as Director and appointed by the the agenda that become the responsibility of the
meeting; Committee, in the form of a main agenda based on
3. Voting rights are held only by the Permanent Voting the monthly reports prepared by the Committee’s
Members or their representatives present at the Secretary in accordance with the framework and
meeting; special agenda based on important and very urgent
issues, at the request of one or more Permanent
Voting Members of the Committee;
342 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
2. Determining the invitation to the Committee Statement of Committee Independence
meeting; All committee members are capable of carrying out
3. Ensuring the adequacy and availability of their duties and functions independently for the Bank’s
information needed for decision-making. interests, without being influenced by any party.
The Secretary of the meeting is responsible for the Implementation of Duties in 2024
following: During 2024, the Technology Steering Committee held 4
1. Preparing and distributing the meeting invitation; (four) meetings, with details of the dates as follows:
2. Preparing and collecting meeting materials; • Meeting 1 was held on March 26, 2024;
3. Taking notes, formulating, and presenting the • Meeting 2 was held on June 25, 2024;
meeting results; • Meeting 3 was held on September 24, 2024;
4. Distributing the meeting results to all Committee • Meeting 4 was held on December 10, 2024.
members, the Board of Directors and Corporate
Secretary. Meeting Frequency and Attendance
Throughout 2024, the Information Technology Steering
Committee held 4 (four) meetings, the details of
attendance of its members are as follows:
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 4 4 100%
Kaoru Furuya Deputy President Director 4 4 100%
Darmadi Sutanto Deputy President Director 4 4 100%
Atsushi Hino Director 4 4 100%
Merisa Darwis Director 4 3 75%
Hanna Tantani Director 4 3 75%
Keishi Kobata Director 4 4 100%
Irwan S. Tisnabudi Head of Digital Banking 4 3 75%
Helena Head of Wealth Management Business and Network & 4 3 75%
Distribution
Ir. Nathan Christianto Head of Wholesale, Commercial & Transaction Banking 4 1 25%
Jeffrey C. Tjoeng Head of Business Banking 4 3 75%
Nurhajati Soerjo Hadi/Anke Head of Internal Audit 4 3 75%
Subandy
Jeny Mustopha Head of Information Technology 4 4 100%
Competency Development
Competency development of the Board of Directors-level committee members is presented in the Board of Directors
competency development section.
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Good Corporate Governance
Committees Under The Board of Directors
CREDIT POLICY COMMITTEE • In the event a committee member cannot
attend the meeting, then the attendance of the
Structure and Membership concerned member may be replaced with the
Composition of members of the Credit Policy representative.
Committee as of December 31, 2024, as follows:
3. Decision-Making
Chairman: President Director Decision-making in the Credit Policy Committee is
carried out based on deliberation and consensus.
Members: In the event deliberation and consensus are not
• Permanent Voting Members: reached, decision-making is based on unanimous
1. Deputy President Directors votes, namely affirmative votes of more than 50%
2. Director of Corporate Banking (Japanese) of the total Permanent Voting Members present at
3. Director of Treasury the Meeting, including the affirmative vote of the
4. Head of Wholesale, Commercial, and Committee Chairman.
Transaction Banking
5. Head of Retail Lending Business 4. Decision-Making Without Holding Formal
6. Head of Digital Banking Meeting
7. Head of Business Banking The Credit Policy Committee make make valid
8. Head of Treasury decisions without having to hold formal committee
9. Head of Risk Management meetings (Committee Circular Decisions), with
10. Direktur Kepatuhan the condition that all Permanent Voting Members
approve the decisions in writing.
• Permanent Non-Voting Members:
1. Head of Portfolio Management & Policy Duties and Responsibilities
Division The duties and responsibilities of the Credit Policy
2. Credit Risk Head Committee are as follows:
3. Retail Banking Risk Head 1. Holding meetings to determine the Bank’s credit
4. Business Banking Credit Risk direction and monitor the implementation of the
5. Head of Internal Audit Division*) credit policy.
6. Head of Compliance Division 2. Providing feedback to the Bank’s Board of Directors
7. Head of Legal and Litigation Division (General in establishing the Bank’s Credit Policy as well as
Counsel) conducting periodic reviews on the Bank’s Credit
Policy.
*) observer 3. Supervising the application and implementation of
the Bank’s Credit Policy.
Work Guidelines 4. Evaluating and analyzing the quality of the credit
The Credit Policy Committee retains the work guidelines portfolio related to credit policy through periodic
(charter) validated by the Board of Directors, among Risk Management Committee Meetings, where
others, containing the following: the Credit Policy Committee Members are also
1. Meeting Members of the Risk Management Committee.
• Meetings of the Credit Policy Committee are 5. Providing routine reports to the Board of Directors
held at least 2 (two) times in one year. with copies to the Board of Commissioners, which
• The meetings are chaired by the Chairman of at least cover the following:
the Committee. In the event the Chairman is a. Summary of the supervision on the Bank Credit
not able to to attend, then the meeting is led by Policy application and implementation.
a Permanent Voting Member and appointed by b. Results of monitoring/review and evaluation of
the meeting. the quality and condition of the credit portfolio.
c. Suggestions on policy improvement (if
2. Quorum required).
• Meetings of the Credit Policy Committee can 6. Reviewing/studying credit policy so as to remain in
only be held if attended by more than 50% of line with internal policies and prevailing laws and
the permanent voting members, including the regulations.
committee chairman
344 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Statement of Committee Independence
All committee members are capable of carrying out their duties and functions independently for the Bank’s interests,
without being influenced by any party.
Implementation of Duties in 2024
The Credit Policy Committee held a meeting in the first semester on June 11, 2024, and by circular in the second
semester on December 17, 2024. Details of the implementation of duties carried out, among others, are:
1. Providing input to the Bank’s Board of Directors in the preparation of the Bank’s Credit Policy and reviewing the
Bank’s Credit Policy periodically through the delivery of materials related to the Credit Document Hierarchy and
Credit Policy updates.
2. Supervising the application and implementation of the Bank’s Credit Policy through the delivery of materials
related to the implementation of BWMK and BMPK management.
3. Evaluating and analyzing the quality of the credit portfolio through Credit Portfolio material.
Meeting Frequency and Attendance
The Credit Policy Committee Meeting was held 2 (two) times in 2024, namely on June 11, 2024, and December 17,
2024, through a circular mechanism with the following frequency of attendance:
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 2 2 100%
Kaoru Furuya Deputy President Director 2 2 100%
Darmadi Sutanto Deputy President Director 2 2 100%
Dini Herdini Director of Compliance & Legal 2 1 50%
Atsushi Hino Director of Corporate Banking (Japanese) 2 2 100%
Keishi Kobata Director of Treasury 2 2 100%
Ir Nathan Christianto Head of Wholesale, Commercial & Transaction Banking 2 2 100%
Irwan Sutjipto Trisnabudi Head of Digital Banking 2 2 100%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Purnomo B. Soetadi Head of Retail Lending Business 2 2 100%
Wiwig Santoso Head of Treasury 2 2 100%
Sendiaty Sondy Head of Risk Management 2 2 100%
Anke Subandy Head of Internal Audit 2 2 100%
Tasuku Tanaka Credit Risk Head 2 2 100%
Ririn Rianti Business Banking Credit Risk Head 2 1 50%
Adil Pamungkas Retail Banking Risk Head 2 2 100%
Argo Wibowo General Counsel 2 1 50%
Butet Sondang Sitepu Compliance Head 2 1 50%
Wahyu Nugroho Portfolio Management & Policy Head 2 2 100%
Competency Development
Competency development of the Board of Directors-level committee members is presented in the Board of Directors
competency development section.
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Committees Under The Board of Directors
INFORMATION GOVERNANCE 5. Conformity of the information governance with the
STEERING COMMITTEE Information Technology Strategic Plan to support
the Bank’s business activity management.
Structure and Membership 6. Monitoring of the Bank’s data and information
Membership of the committee is ex-officio (based on governance conditions and efforts for improvement,
position), consisting of the following: such as with the detection of problems in data
quality and measuring the effectiveness and
Chairman: Head of Risk Management efficiency in the use of data and information assets.
7. Efforts by the forum of data and information
Members: governance to solve various problems related to
• Permanent Voting Members: data and information that remained incomplete and
1. Director of Compliance have escalated.
2. Director of Operational & Technology 8. Developing an organizational culture that works
3. Director of Finance & Planning on the basis of data and information (data-driven
4. Head of Information Technology organization).
• Permanent Non-Voting Members: Statement of Committee Independence
1. Head of Internal Audit All committee members are capable of carrying out
2. Executive Officer of Information Technology their duties and functions independently for the Bank’s
Data Management (Secretary) interests, without being influenced by any party.
Standing Invitees Meeting Procedures
1. Director of Corporate Banking (Japanese) In connection with meetings, procedures set forth are as
2. Director of Treasury follows:
3. Head of Treasury 1. Meetings of the Information Governance Steering
4. Head of Business Banking Committee are held at least 4 (four) times a year
5. Head of Wholesale, Commercial and Transaction with the set meeting agenda. If required, the
Banking Committee meetings may be held at any time upon
6. Head of Retail Lending Business request of one of the Permanent Voting Members;
7. Head of Wealth Management Business and 2. Meetings are led by the Committee Chairman. In
Network & Distribution the event the Chairman is not able to attend, then
8. Head of Digital Banking the meetings are led by one of the Committee
9. Executive Officers of Retail Banking Analytics, members serving as Director and appointed by the
Business Planning & Credit Policy meetings;
3. Voting rights are held only by the Permanent Voting
Duties and Authorities Members or their representatives attending the
Providing recommendations to the Board of Directors at meetings;
minimum to cover the following matters: 4. Meetings may only be held if attended and/or
1. Formulation of data governance policies and represented by more than ½ (one-half) of the total
procedures and main information such as on members of the Committee with voting rights,
data quality policy and risk management related with the condition that includes the Committee
to the Bank’s data and information, consisting of Chairman and/or Director of Compliance;
standards to achieve (target-state). 5. Meeting decisions must be taken based on
2. Planning and establishing the scale of priorities deliberation and consensus. If deliberation and
on required projects to apply set policies and consensus cannot be reached then decisions must
procedures, as well as reaching the set standards. be taken on the basis of voting with affirmative
3. Conformity of approved projects with information votes of more than ½ (one-half) of the total valid
governance planning, policies and procedures of votes extended in the concerned meeting, including
data and information governance, as well as the the Committee Chairman and/or Director of
standards to achieve. Compliance;
4. Conformity of data and information governance 6. In the event of conflict of interest, then decision-
projects and data analytics with the agreed project making is to be carried out in accordance with the
plans (project charter). provisions on conflict of interest as regulated in the
Corporate Policy;
346 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
7. Dissenting opinions that occur in the Committee 2. Determining the invitation to the Committee
meetings must be stated clearly in the minutes of meeting;
the meeting with the reasons behind the dissenting 3. Ensuring the adequacy and availability of
opinions; information needed for decision-making.
8. Committee meeting results must be recorded in the
Minutes of Meeting and documented properly; The Secretary of the meeting is responsible for the
9. If deemed necessary, the Committee may invite following matters:
other parties aside from members, including 1. Preparing and distributing the meeting invitation;
Subsidiaries, to attend the meetings; 2. Preparing and collecting meeting materials;
10. Meeting decisions in the form of Minutes of 3. Taking notes, formulating, and presenting the
Meeting are signed by the Meeting Chairman and meeting results;
Secretary. The Minutes of the Meeting are then 4. Distributing the meeting results to all Committee
circulated to members of the Committee; members, Board of Directors, and Corporate
11. The Committee may make valid decisions without Secretary.
having to hold formal meetings through the
Committee’s circular media as approved by all Implementation of Duties in 2024
Permanent Voting Members. This process may be In 2024, the Information Governance Steering
carried out as long as the submitted proposals are Committee held 3 (three) meetings, with details of the
delivered in the circular to all Permanent Voting organization as follows:
Members.
No. Date Time of Implementation
The Chairman is responsible for the following: 1 May 7, 2024 13:30 – 14:15
1. Setting up meeting schedules and determining the 2 September 24, 2024 14:30 - 15:15
agenda as the responsibility of the Committee, in
3 December 10, 2024 13:45 – 14:30
the form of a main agenda based on the monthly
reports prepared by the Committee’s Secretary in
accordance with the framework and special agenda Meeting Frequency and Attendance
based on important and very urgent issues, at the In 2024, the Information Governance Steering
request of one or more Permanent Voting Members Committee held 3 (three) meetings, with details of
of the Committee; attendance as follows:
Number of
Name Position Attendance Percentage
Meeting
Sendiaty Sondy Head of Risk Management 3 3 100%
Jeny Mustopha Head of Information Technology 3 3 100%
Dini Herdini Director of Compliance 3 2 67%
Hanna Tantani Director of Finance and Planning 3 2 67%
Merisa Darwis Director of Operational & technology 3 3 100%
Anke Subandy Head of Internal Audit 3 2 67%
Jufri Fan Secretary 3 3 100%
Erliana Standing Invitees 3 0 0%
Helena Head of Wealth Management Business and Network & 3 1 33%
Distribution
Keishi Kobata Director of Treasury 3 3 100%
Atsushi Hino Director of Corporate Banking (Japanese) 3 3 100%
Irwan Sutjipto Tisnabudi Head of Digital Banking 3 3 100%
Jeffrey Tjoeng Head of Business Banking 3 2 67%
Nathan Christianto Head of Wholesale, Commercial and Transaction 3 2 67%
Banking
Purnomo B. Soetadi Head of Retail Lending Business 3 1 33%
Wiwig Santoso Head of Treasury 3 2 67%
Competency Development
Competency development of the Board of Directors-level committee members is presented in the Board of Directors
competency development section.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 347
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Good Corporate Governance
Committees Under The Board of Directors
CREDIT COMMITTEE 3. Decision-Making
• Decision-making in the Credit Committee
Structure and Membership Meetings shall be made by way of majority
The composition of the Credit Committee as of voting based on the affirmative vote of a
December 31, 2024, is as follows: minimum of 51% (fifty-one percent) of the total
number of members present at the meeting,
Chairman: President Director including the vote from the President Director.
• The Head of Risk Management’s vote as
Members: Observer will not be calculated as part of the
1. Deputy President Director decision of the Committee’s meeting. However,
2. Business Director/Head of Business each decision of the Committee Meeting
3. Credit Risk Head must be acknowledged by the Head of Risk
4. Corporate/Commercial Banking Credit Risk Head Management.
5. Division or Department Head of Business • In the event of decision-making by a
6. Head of Risk Management (Observer) Committee Meeting results in the calculations
of the number of agree votes are the same as
Work Guidelines and Procedures the disagree votes, the Committee Chairman
(Charter) may determine the final decision to be taken by
The Credit Committee has the work guidelines (charter) the Committee.
validated by the Board of Directors, among others,
containing the following: Duties and Responsibilities
1. Meeting In support of the duties and responsibilities of the Board
• The Credit Committee shall hold a meeting at of Directors to conduct maintenance and planning
any time in accordance with the needs of the of credit, the Credit Committee is responsible for the
Committee. following:
• Meetings of the Credit Committee are held 1. Conducting independent analysis and approving
to issue recommendations or opinions to credit extension in accordance with the defined
the President Director or Deputy President authority limits (decisions taken must be objective,
Director who will provide the final decision for based on careful analysis, and avoid personal
approving the Credit, including the conditions interests).
and instruction related to Credit Approval. 2. Ensuring that business is in accordance with the
• On recommendations or opinions of the Bank’s risk management policies, standards, and
Credit Committee, the related Director of practices.
Business/Head of Business will sign the
recommendation/opinion page, together with Statement of Committee Independence
any other Committee members. All committee members are capable of carrying out
their duties and functions independently for the Bank’s
2. Quorum interests, without being influenced by any party.
• Credit Committee meetings may only be held
if attended at least by 51% of mandatory
meeting participants and with at least 1 (one)
representative from Credit Risk Corporate
participants obligated to attend, with a
minimum of 1 (one) representative from Credit
Risk Corporate, specifically for the Corporate
segment. The presence of the Observer will not
be counted in the meeting quorum.
• Committee members who are not mandatory
meeting participants may participate. However,
his/her presence will not be counted as part of
the meeting quorum, and his/her vote will not
be calculated as part of the decision-making.
348 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Implementation of Duties in 2024
Throughout 2024, Business Banking credit decisions were made circularly, while the Wholesale Banking, Corporate
Banking Japanese, and Commercial Banking Credit Committees held 20 meetings, with details of attendance as
follows:
Agenda Mandatory Participants
1. Credit related to the Wholesale 1. President Director or Deputy President Director 1
Banking, Corporate Banking 2. Director of Corporate Banking Japanese or Head of Wholesale Banking, Commercial
Japanese, and Commercial Banking Banking, dan Transaction Banking
segments 3. Head of Credit Risk
4. Head of Corporate Banking Credit Risk or Head of Commercial Banking Credit Risk
5. Head of Related to the Wholesale, Corporate, and Commercial Banking Division or
Department
6. Head of Risk Management (Observer)
Notes:
The meeting is led by the Chairman of the Committee (President Director). If the Chairman
of the Committee is absent, the Deputy President Director 1 shall act as Chairman of the
Committee.
2. Credit related to the Business Banking 1. President Director or Deputy President Director 1
segment1 1) 2. Head of Business Banking
3. Head of Business Banking Credit Risk
4. Head of Credit Risk
5. Head of Risk Management (Observer)
Notes:
The meeting is led by the Chairman of the Committee (President Director). If the Chairman
of the Committee is absent, the Deputy President Director 1 shall act as Chairman of the
Committee.
1) Valid until July 30, 2024, after that period, credit decisions in the Business Banking Segment will be given to the credit decision maker in accordance with their
authority.
Meeting Frequency and Attendance
In 2024, the Credit Committee held 20 meetings, with details of attendance as follows:
1. Credit related to the Wholesale, Japanese Corporate Banking, and Commercial Banking segments
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar President Director 20 1 5%
Kaoru Furuya Deputy President Director 20 100%
Nathan Christianto Head of Wholesale, Commercial and Transaction 20 12 60%
Banking
Atsushi Hino Director of Corporate Banking (Japanese) 5 25%
Tasuku Tanaka Head of Credit Risk 20 18 90%
Husan Mahjudin Head of Loan Department 20 12 60%
Jenny Susanto 1)
Head of Corporate Banking Credit Risk 7 35%
Eddy Satria Nugraha Head of Commercial Banking Credit Risk 0 0%
Sembiring 1)
Moses Supardi Head of Wholesale Banking 20 14 70%
Warni Chai Head of Commercial Banking 0 0%
Naoki Watanabe Head of Japanese Corporate Banking 2 3 15%
Karinda Rachmana Head of Japanese Corporate Banking 3 0 0%
Hiroaki Seguchi Head of Japanese Corporate Banking 4 1 5%
Naoki Takeshita 2)
Head of Japanese Corporate Banking 4 0 0%
Hideaki Asatsu Head of Japanese Corporate Banking 5 2 10%
Wibowo Kurniawan Head of Japanese Corporate Banking 6 0 0%
Sendiaty Sondy 3)
Head of Risk Management 20 8 40%
1) Replacing the Head of Loan Department effective on July 30, 2024
2) Replacing Head of Japanese Corporate Banking 4 effective on October 11, 2024
3) Observer (Has no voting rights)
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 349
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Good Corporate Governance
Committees Under The Board of Directors
2. Credit related to the Business Banking segment
Number of
Name Position Attendance Percentage
Meeting
Henoch Munandar/ Kaoru Furuya President Director/Deputy President Director During 2024, the credit decision was made
Circularly
Jeffrey C. Tjoeng Head of Business Banking
Tasuku Tanaka Head of Credit Risk
Sidik Waskito 1)
Head of Business Banking Credit Risk
Sendiaty Sondy Head of Risk Management
1) Effective until February 23, 2024 (from February 23, 2024, until July 30, 2024, Poedjo Boedihartono, Okky Sudiyatmoko, and Ririn Rianti as alternates of
Sidik Waskito).
Competency Development Duties and Authorities
Competency development of the Board of Directors- Details of duties and authorities of the Committee are as
level committee members is presented in the Board of follows:
Directors competency development section. 1. Evaluating policies, strategies, and targets
concerning Human Resources and recommending
the Board of Directors to establish the concerned
HUMAN RESOURCE COMMITTEE policies, especially strategic policies.
2. Evaluating the Human Resource remuneration
Structure and Membership program implementation and then recommending it
to the Board of Directors for approval.
Chairman: President Director 3. Approving deviations from applicable Company
Procedures and Regulations beyond the authority
Members: of the Division Head and/or Director responsible for
1. Deputy President Director and/or with Human Resource duties by taking into
2. Director of Finance & Planning account the Company’s policy hierarchy.
3. Director of Operational & Technology 4. Submitting recommendations to the Board of
Directors on the appointment and placement
Secretary: Head of Human Resources (nomination) of members of the Board of Directors
or the Board of Commissioners or Company
Work Guidelines and Procedures Employees in Subsidiaries (including members of
(Charter) the Sharia Supervisory Board in Subsidiaries that
In implementing its duties, the Committee refers to the conduct Sharia business).
following provisions:
1. Committee meeting decisions are taken based on Statement of Committee Independence
deliberation and consensus. If deliberation and All committee members are capable of carrying out
consensus are not reached, then decisions are their duties and functions independently for the Bank’s
taken by voting based on affirmative votes at least interests, without being influenced by any party.
51% of the total valid votes present in the Meeting,
including the President Director.
2. In the event of a conflict of interest, then decision-
making is carried out in accordance with the
provision regulated in the Company policies and
procedures.
3. Dissenting opinions that occur in the Committee
Meetings are required to be clearly denoted in the
Minutes of the Meeting and the reasons behind the
dissenting opinions.
350 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Implementation of Duties
Date Agenda
January 23, 2024 1. COP BOM Scheme
2. Proposed Collective Leave 2024
January 25, 2024 1. 2024 Salary Adjustment Scheme
2. Bonus 2023
January 29, 2024 1. Nomination of the 2024 Executive Promotion
2. Review 2023/2024 Compensation
February 5, 2024 2024 Compensation Review
June 13, 2024 2025 Health Insurance Renewal
July 9, 2024 Nominees for the 2024 Mid-Year Executive Promotion
August 5, 2024 1. Mid-Year 2024
2. Results for the 2024 Mid-Year Executive Promotion
August 19, 2024 Insurance Broker Tender Results
October 21, 2024 Health Insurance Procurement Process 2025 - Round 1
November 11, 2024 1. Health Insurance Procurement Process 2025 - Second Round
2. HR Recommendation on Labor Union Proposal for CLA 2024 - 2026
Meeting Frequency and Attendance
In 2024, the Human Resources Committee held 10 (ten) meetings, with details of attendance as follows:
Name Position Number of Meeting Attendance Percentage
Henoch Munandar President Director 10 10 100%
Kaoru Furuya Deputy President Director 10 7 70%
Darmadi Sutanto Deputy President Director 10 10 100%
Hanna Tantani Director of Finance and Planning 10 10 100%
Merisa Darwis Director of Operational & Technology 10 10 100%
Mira Fitria Head of Human Resources 10 10 100%
Competency Development If the Fraud Perpetrator and/or related parties are
Competency development of members of the Directors, or Commissioners and/or Executive Officers,
committee is presented in the Board of Directors then the implementation of the Fraud Committee must
competency development section. be led by 2 (two) members of the Board of Directors/
Board of Management (Deputy President Director or
Head of Risk Management or Compliance Director), or
FRAUD COMMITTEE other parties who do not have a conflict of interest, such
as members of the Audit Committee.
Structure and Membership
Work Guidelines and Procedures
Chairman: related Board of Directors or Board of (Charter)
Management or their delegations. Guidelines for the Fraud Committee meeting
implementation are as follows:
Members: 1. The implementation procedures may be carried out
1. Head of Operational & Fraud Risk Management face-to-face or through memo circulation.
2. Head of Human Resources Employee & Industrial 2. Must be attended by the Chairman of the
Relations/ Head of Strategic Human Resources Committee and all Members of the Fraud
Management Committee. If the Chairman of the Committee and/
or Members of the Fraud Committee are unable to
Secretary: Operational & Fraud Risk Management attend (whose absence does not require any proof),
(OFRM) or other work units authorized to investigate by then the Head of the Fraud Committee, who has
OFRM. rights and is authorized to represent the Chairman
is the party appointed by the Committee Chairman
as his delegate, and at minimum is the head of
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 351
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Good Corporate Governance
Committees Under The Board of Directors
the related division, and for Members of the Fraud Duties and Responsibilities
Committee, the delegation is at least one level
below the staff. Duties of the Fraud Committee
3. In certain cases, Fraud Committee meetings can be Following up on investigative reports related to fraud
held at any time if deemed necessary by the Head incidents in each unit concerned, determining sanctions
of the Fraud Committee or more than one Fraud for employees (including vendor employees) who are
Committee Member or at the request of a Director/ directly or indirectly involved in fraud incidents, and
Board of Management. deciding on fraud incidents to determine appropriate
4. The Fraud Committee may invite the concerned legal steps to take at a later time.
Head of the Work Unit (PUK) and/or other parties
who are not members of the committee to attend Authorities of the Fraud Committee
the meeting. However, the PUK and/or other parties 1. Appealing, inquiring for clarification, and requesting
in the committee meeting do not have voting rights reports from various parties (employees and/or
as they only function to provide suggestions, other work units) whom, according to the Fraud
considerations, and input. Committee’s considerations, are believed to be
5. The Fraud Committee meeting is legal and has the directly or indirectly related to the fraud case.
right to make decisions if the meeting is attended 2. Determining the imposition of the types of sanction
and/or represented by more than ½ (one-half) of on employee(s) (including vendor employees)
the total number of Committee Members (including who are directly or indirectly involved in the fraud
the Committee Chairman) who have voting rights. incidents.
Fraud Committee meetings can be conducted 3. Coordinating and collaborating with other work
through teleconference, video conference, or other units, as well as in the context of improvement and
electronic media facility that allows all participants preventive efforts, the Fraud Committee has the
to see and/hear each other and participate directly right to provide constructive recommendations for
in the meeting according to the agreement of the the concerned work units.
Fraud Committee members.
6. Decisions of committee meetings must be taken Statement of Committee Independence
based on deliberation to reach a consensus. If All committee members are capable of carrying out
there is no agreement on sanctions, they will be their duties and functions independently for the Bank’s
escalated to the Head of Risk Management and interests, without being influenced by any party.
the Compliance Director. If after escalation there is
still no agreement regarding sanctions/no decision Implementation of Duties
has been made, then it will be escalated to the Risk During 2024, the Bank conducted 31 Fraud Committee
Management Committee (RMC). At the last level, if sessions (either virtual meetings or e-mail circulars) in
there is still no agreement regarding sanctions/no accordance with its duties and responsibilities.
decision has been made, then it will be escalated to
the Board of Directors, and if necessary, a request Meeting Frequency and Attendance
for feedback from the commissioners may be The following are details of attendance of the Fraud
done with consideration of the input from the Risk Committee participants that have been conducted
Monitoring Committee (RMONC). as many as 31 sessions (20 sessions through virtual
7. All decisions are collectively collegial. Dissenting meetings and the rest through e-mail circulation) during
opinions that may occur must be recorded in the 2024:
Committee Meeting’s Minutes of Meeting.
8. Meetings of the Fraud Committee on Fraud cases
where the perpetrator moved to another Line of
Business (LoB)/Support Function (SF), then the
Fraud Committee is held jointly between the Line
of Business (Lob)/Support Function (SF) at the time
of the Fraud. In this case, the Head of the Fraud
Committee is the Board of Directors/Board of
Management responsible for the Directorate of the
perpetrator.
352 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Name Position Number of Meeting Attendance Percentage
Merisa Darwis Director of Operational & Technology 4 4 100%
Dini Herdini Director of Compliance & Legal 1 1 100%
Atsushi Hino Director of Corporate Banking (Japanese) 1 1 100%
Sendiaty Sondy Head of Risk Management 1 1 100%
Purnomo B. Soetadi Head of Retail Lending Business 11 11 100%
Enrico Novian Pension Business Head RLB 5 5 100%
Adil Pamungkas Retail Banking Risk Head 13 13 100%
Irwan Sutjipto Tisnabudi Head of Digital Banking 1 1 100%
Jeffrey C. Tjoeng Head of Business Banking 3 3 100%
Helena Head of Wealth Management Business and Network 4 4 100%
& Distribution
Chairul Sani Sales Distribution WMB & National Distribution Head 2 2 100%
Irradiatie Pierenika Sales Distribution Pension Business & National 3 3 100%
Distribution Head
Heru Rustanto Operational & Fraud Risk Management Head 24 24 100%
Denty Avianty Strategic HR Management 5 5 100%
Landy Kurniawan Employee & Industrial Relations Head 12 12 100%
Jimmy SA Hutapea Employee & Industrial Relations Head 4 4 100%
Patritius Joko Operations Control Assurance Head 3 3 100%
Novri Irza Hidayatullah Business Banking Governance, Process & Support 3 3 100%
Head
Christian Adrian Fraud Risk Management Head 2 2 100%
Sonny Sibuea HR Employee Industrial Relations 2 2 100%
Novia Amelia HR Employee Industrial Relations 6 6 100%
Paskalius Rewards & Performance Management Head 5 5 100%
Competency Development Work Guidelines and Procedures
Competency development of the Board of Directors- (Charter)
level committee members is presented in the Board of In carrying out its duties and authority, the Sustainability
Directors competency development section. Committee is obligated to always comply with the
provisions, applicable laws and regulations and/or
internal regulations/regulations of SMBC Indonesia.
SUSTAINABILITY COMMITTEE Meanwhile, th Mechanisms and Working Procedures
of the Sustainability Committee are as described in the
Structure and Membership Sustainability Committee Work Guidelines.
Chairman: Director of Compliance & Legal Duties and Responsibilities
Details of duties and responsibilities of the Sustainability
Members: Committee are as follows:
1. Director of Finance & Planning 1. Developing the strategies, policies, and targets
2. Director of Operational & Technology related to sustainable finance in SMBC Indonesia.
3. Director of Corporate Banking (Japanese) 2. Monitoring, evaluating, and recommending
4. Director of Treasury sustainable finance implementation in SMBC
5. Head of Risk Management Indonesia.
6. Head of Business Banking
7. Head of Wholesale, Commercial & Transaction Statement of Committee Independence
Banking All committee members are capable of carrying out
8. Head of Retail Lending Business their duties and functions independently for the Bank’s
9. Head of Wealth Management Business and interests, without being influenced by any party.
Network & Distribution
10. Head of Digital Banking Implementation of Duties during 2024
11. Head of Treasury Throughout its management duties in 2024, the
12. Head of Human Resources Sustainability Committee provided recommendations
and guidance on sustainable finance targets and
Secretary: Head of Communications & Daya initiatives in SMBC Indonesia.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 353
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Good Corporate Governance
Committees Under The Board of Directors
Meeting Frequency and Attendance
In 2024, the Sustainability Committee held 2 (two) meetings, with details of the attendance of its members as follows:
Name Position Number of Meeting Attendance Percentage
Dini Herdini Director of Compliance and Legal 2 2 100 %
Hanna Tantani Director of Finance 2 2 100 %
Merisa Darwis Director of Operational & Technology 2 2 100%
Atsushi Hino Director of Corporate Banking (Japanese) 2 1 50%
Keishi Kobata Director of Treasury 2 2 100%
Sendiaty Sondy Head of Risk Management 2 2 100%
Jeffrey C. Tjoeng Head of Business Banking 2 2 100%
Nathan Christianto Head of Wholesale, Commercial & Transaction 2 2 100%
Banking
Purnomo B. Soetadi Head of Retail Lending Business 2 1 50%
Helena Head of Wealth Management Business and Network 2 0 0%
& Distribution
Irwan Sutjipto Tisnabudi Head of Digital Banking 2 2 100%
Wiwig Santoso Head of Treasury 2 2 100%
Mira Fitria Head of Human Resources 2 2 100%
Andrie Darusman Communications & Daya Head 2 1 50%
Competency Development • Non-Permanent members:
Competency development of the Board of Directors- Directors and/or Executive Officers in the
level committee members is presented in the Board of Main Entity and Subsidiaries who are invited in
Directors competency development section. accordance with the needs of the Conglomerate.
Duties and Responsibilities:
INTEGRATED RISK MANAGEMENT The Committee is responsible for providing
COMMITTEE recommendations to the Board of Directors of the Main
Entity regarding matters related to Risk Management,
Structure and Membership especially in:
The composition of the Integrated Risk Management 1. Preparation and review of the Integrated Risk
Committee as of July 30, 2024, is as follows: Management Policy
2. Improvement or refinement of the Integrated Risk
Chairman: Head of Risk Management Management Policy, among others, in the form of
refinement of risk strategy and framework based on
Members: the results of implementation evaluation.
• Permanent members:
1. Operational & Fraud Risk Management Head Statement of Committee Independence
2. Market & Liquidity Risk Management Head All committee members are capable of carrying out
3. Cyber Security Risk Management Head their duties and functions independently for the Bank’s
4. Portfolio Management & Policy Head interests, without being influenced by any party.
5. Credit Risk Head
6. Risk Management Planning Head Work Guidelines and Procedures
7. Director of Risk Management - PT Bank BTPN (Charter)
Syariah Tbk The Integrated Risk Management Committee has a
8. Director of Risk Management - PT Summit Oto charter containing, among others:
Finance 1. Meeting
9. Director of Risk Management - PT Oto • The Committee will hold meetings at least
Multiartha once every semester or more frequently as
necessary.
• The Committee may invite Non-Permanent
Members to attend the meeting if necessary.
354 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
• The Committee meetings may be held deliberation to reach a consensus cannot be
through teleconference or other electronic achieved, decision-making at the Committee
media that allows all meeting participants meeting shall be based on a majority vote,
to see and hear each other directly and namely an affirmative vote of at least 51%
participate in the meeting. Members of the (fifty-one percent) of the total number of
Committee who participate in the meeting Permanent Members present at the meeting.
through the aforementioned media and in the • If decision-making in the Committee meeting
aforementioned manner shall be deemed to results in a calculation of the number of
have attended the meeting and shall be counted affirmative votes proportional to the number
in the calculation of the attendance quorum as of dissenting votes, the Chairman of the
well as the decisions of the meeting. Committee may determine the final decision
• The Committee meeting will discuss the taken by the Committee.
Integrated Risk Profile Assessment Report • The Committee may make valid decisions
and Integrated Capital Adequacy of the without holding a formal Committee meeting
Conglomerate. in the form of a Committee Circular Decision,
• The results of the Committee meeting shall under the condition that all Permanent
be outlined in the minutes of the meeting, Members of the Committee vote in writing
including any dissenting opinions, signed by all and sign the Committee Circular Decision.
Permanent Members to be acknowledged. The Decisions made in such a manner shall have
minutes of the meeting will be circulated to all the same force as decisions validly made at a
Permanent Members to be acknowledged. meeting of the Committee.
2. Quorum Implementation of Duties during 2024
• The Committee meetings may be held if Throughout the implementation of duties in 2024,
attended by at least 51% of the Permanent the Integrated Risk Management Committee held
Members and 1 (one) representative from each one meeting with the main agenda of explaining the
member of the Conglomerate. regulatory provisions related to the Integrated Risk
• Non-Permanent Members may attend the Management report, Preparation and Schedule of the
meeting. However, their presence is not FY2025 Integrated Risk Management Committee.
counted as the quorum of the meeting, and
their votes are not counted in decision-making. Meeting Frequency and Attendance
3. Decision-Making In 2024, the Integrated Risk Management Committee
• Decision-making in the Committee meeting held one meeting with details of attendance as follows:
is based on deliberation for consensus. If
Name Position Number of Meeting Attendance Percentage
Chairman
Sendiaty Sondy Head of Risk Management 1 1 100%
Permanent Members
Heru Rustanto Operational & Fraud Risk Management Head 1 1 100%
Deni Djalil Market & Liquidity Risk Management Head 1 1 100%
Keisuke Heima Risk Management Planning Head 1 1 100%
Wahyu Nugroho Portfolio Management & Policy Head 1 1 100%
Buyung Bachtiar Cyber Security Risk Management Head 1 1 100%
Tasuku Tanaka Credit Risk Head 1 1 100%
Arief Ismail Director of Risk Management - PT Bank BTPN 1 1 100%
Syariah Tbk
Victoria Rusna Director of Risk Management - PT Summit Oto 1 1 100%
Finance
Nobuhiro Moroo Director of Risk Management - PT Oto Multiartha 1 1 100%
Competency Development
Competency development of the Board of Directors-level1)
committee members is presented in the Board of Directors competency development section.
1) Board of Directors of PT SMBC Indonesia as the Main Entity.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 355
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Good Corporate Governance
Corporate
Secretary
PROFILE OF THE CORPORATE SECRETARY
Eneng Yulie Andriani
Corporate Secretary
Nationality Indonesian
Domicile Jakarta
Age 50 years old in the 2024 financial year
Educational Background • Master’s degree in Law, Universitas Indonesia (2012)
• Bachelor’s degree in Law with Special Law Program on Economic Activity from Universitas
Indonesia (1997)
Basis of Appointment Circular decision of the Board of Directors No. PS/BOD/001/I/2020 dated January 10, 2020
Concurrent Position Head of Corporate Secretary Division
Work Experience • Head of Corporate Legal Department of PT Bank Sumitomo Mitsui Indonesia (2014-2019)
• Head of Corporate Action & Stakeholder Management of the Corporate Secretariat Division of
PT Bank Danamon Indonesia Tbk (1997-2014)
Affiliation No affiliation with the Board of Directors, Board of Commissioners, and Controlling Shareholders
TERM OF OFFICE 2. Responsible for providing important information
regarding the Bank’s condition to all stakeholders
Term of office of the Corporate Secretary was effective that the public must know.
as of January 10, 2020. 3. Keeping track of the capital market development,
including applicable regulations in the capital
market.
LEGAL BASIS 4. Fulfilling the Company’s obligations as a listed
company based on Corporate Governance
In compliance with Financial Services Authority principles.
Regulation No. 35/POJK.04/2014 on the Establishment 5. Providing feedback to the Board of Directors
of Corporate Secretary juncto Securities Administration and the Board of Commissioners to comply with
Regulation of PT Bursa Efek Indonesia (Indonesia provisions of Law No. 8 of 1995 concerning the
Stock Exchange) No. 1-A attachment II of the Decision Capital Market and its implementing regulations.
of the Board of Directors of PT Bursa Efek Indonesia 6. Responsible for the implementation of the GMS.
No. Kep00001/BEI/01- 2014 dated January 30, 2014. 7. Coordinating the implementation of meetings
The Bank retains the Corporate Secretary, Eneng Yulie of the Board of Directors and the Board of
Andriani, effective January 10, 2020, appointed based Commissioners.
on Circular Decision No. PS/BOD/001/I/2020 dated 8. Preparing and filing the Minutes of Meeting of the
January 10, 2020. Board of Director meetings.
9. Assisting the Board of Directors and the Board of
Commissioners in their duties and responsibilities.
DUTIES AND RESPONSIBILITIES
CONCURRENT POSITION AND
Details of duties and responsibilities of the Corporate ORGANIZATIONAL STRUCTURE
Secretary within the Bank are as follows:
1. Maintaining good relations with the Financial The function of the Corporate Secretary is served by
Services Authority, the Indonesia Stock Exchange, an executive officer who leads the Corporate Secretary
and other stakeholders. Division. This position is under the supervision/
coordination of the Compliance Director and is not to be
served concurrently with other positions.
356 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
President Director
Director of Compliance
Corporate Secretary Head
In carrying out their duties and responsibilities, the 5. Managing and fulfilling the requirements for the fit
Corporate Secretary oversees and manages the and proper test for prospective members of the
functions of Corporate Governance, Corporate Action & Board of Directors and Board of Commissioners.
Stakeholder Management, as well as the Management 6. Preparing and submitting reports required by
of the Board of Commissioners and the Board of capital market and banking regulations.
Directors. 7. Preparing and submitting information disclosure.
8. Preparing new policies and procedures and
Implementation of Duties and conducting periodic reviews of policies and
Responsibilities procedures related to corporate governance
During 2024, the activities of the Corporate Secretary including Governance Guidelines for both individual
were carried out while adhering to health protocols. and integrated, Work Guidelines and Rules
With all these limitations, the Corporate Secretary (charter), and changes to the Bank’s Articles of
managed to complete and carry out the following duties Association.
or activities: 9. Conducting reviews from the perspective of laws on
1. Organize and attend meetings and make minutes limited liability companies, capital market provisions
of meetings of the Board of Directors, Board of and articles of association for a Bank’s plan while
Commissioners, joint meetings of the Board of preparing approval from Shareholders, the Board
Directors and Board of Commissioners and all of Commissioners, and the Board of Directors, if
committees under the Board of Commissioners necessary.
except the Nomination and Remuneration 10. Strengthening insight and providing supplies by
Committee. attending training and workshops, both organized
2. Organize monthly meetings for executive officers by regulators and professional associations.
(monthly managers meeting).
3. Organizing the Annual General Meeting of Disclosure of Information
Shareholders and the Extraordinary General As part of the Bank’s responsibility and compliance as
Meeting of Shareholders of the Bank. a public company, the following is a list of information
4. Facilitating the organization of training or seminars disclosures submitted throughout 2024.
for members of the Board of Directors and Board of
Commissioners.
Document Number Date Subject
S.114/DIR/CCS/II/2024 February 1, 2024 Information Disclosure - Jenius Serukan Think Unthinkable, Inspirasi untuk Jalani Hidup
yang Kita Mau
S.018/CCS/II/2024 February 7, 2024 Disclosure of Information regarding Amendments to the Articles of Association of
PT BANK BTPN Tbk (“Company”)
S.024/DIR/CCS/II/2024 February 19, 2024 Information Disclosure that the Public Needs to Know
S.026/CCS/II/2024 February 21, 2024 Disclosure of Information that needs to be Known to the Public - Additional Information
on the Company’s Concise Prospectus PMHMETD II
S.027/CCS/II/2024 February 26, 2024 Submission of Information on Fulfillment of Annual Public Expose Obligation of PT BANK
BTPN Tbk (“Company”)
S.028/CCS/II/2024 February 26, 2024 Submission of Consolidated Financial Statements as of December 31, 2023 (audited)
PT BANK BTPN Tbk (“Company”)
S.029/CCS/II/2024 February 29, 2024 Disclosure of Information - Jenius Presents GarudaMiles for Travel Category YayPoints
Redemption, Redeemable in Real Time Directly from the App
S.031/CCS/II/2024 February 27, 2024 Disclosure of Bond Interest Payment Information
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 357
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Good Corporate Governance
Corporate Secretary
Document Number Date Subject
S.032/CCS/II/2024 February 27, 2024 Disclosure of Information - Bank BTPN Records Increase in Net Interest Income in 2023,
Continues Commitment to Creating a #More Meaningful Life
S.036/CCS/II/2024 February 28, 2024 Disclosure of Information on Partial Delisting of the Company's shares of PT BANK
BTPN Tbk (the "Company")
S.042/CCS/III/2024 March 5, 2024 Disclosure of Information - Allianz Indonesia and Bank BTPN Continue Bancassurance
Synergy to Provide Protection to More Indonesians
S.043/CCS/III/2024 Match 7, 2024 Disclosure of Information - Partnering with BTPN Bank, Indodana Multi Finance Ready to
Expand Service Reach
S.044/CCS/III/2024 March 8, 2024 Disclosure of Information on Annual Rating Results
S.048/CCS/III/2024 March 22, 2024 Disclosure of Information regarding the Capital Increase of PT BANK BTPN Tbk
(“Company”)
S.051/CCS/III/2024 March 27, 2024 Disclosure Information of Annual Rating Result
S.055/CCS/III/2024 March 27, 2024 Disclosure of Information regarding the Amendment to the Articles of Association of
PT BANK BTPN Tbk (the “Company”)
S.056/CCS/III/2024 March 28, 2024 Information Disclosure - Jenius Study Results Reveal the Behavior of Digital Savvy
Communities during Ramadan and Eid Al-Fitr 2024
S.057/CCS/III/2024 March 28, 2024 Disclosure of Information regarding Material Transactions and Affiliated Transactions
PT BANK BTPN Tbk (“Company”)
S.069/CCS/IV/2024 April 30, 2024 Submission of Consolidated Financial Statements as of March 31, 2024 (unaudited)
PT BANK BTPN Tbk (“Company”)
S.070/CCS/V/2024 May 2, 2024 Disclosure of Information - Bank BTPN Achieves Positive Performance in the First
Quarter of 2024 with Lending Growth of 24% YoY
S.075/CCS/V2024 May 27, 2024 Disclosure of Information - Bank BTPN Officially Becomes a Custodian Bank, Ready to
Support Investment Growth in the Indonesian Capital Market
S.076/CCS/V/2024 May 27, 2024 Disclosure of Bond Interest Payment Information
S.079/CCS/VI/2024 June 4, 2024 Disclosure of Information - Bank BTPN and SMBC Optimistic to Support More
Meaningful Growth through US$450 Million Syndicated Loan to IMGSL
S.082/CCS/VI/2024 June 12, 2024 Information Disclosure of #LariBarengJenius Fun in Pekanbaru Towards Pocari Sweat
Run Indonesia 2024
S.083/CCS/VI/2025 June 14, 2024 Disclosure of Information - Pioneer in Empowering Retired Customers, Bank BTPN
Consistently Provides Health Services to Business Training
S.084/CCS/VI/2024 June 24, 2024 Information Disclosure - The Fun of #LariBarengJenius in Bali Towards Pocari Sweat Run
Indonesia 2024
412/DIR/CCS/VII/2024 July 2, 2024 Keterbukaan Informasi - Wujudkan Momen Liburan yang Unthinkable dengan Ragam
Kemudahan dari Jenius
S.088/CCS/VI/2024 July 5, 2024 Information Disclosure - #LariBarengJenius Successfully Held in Makassar, Followed by
More than 250 Participants
S.089/CCS/VII/2024 July 15, 2024 Information Disclosure - #LariBarengJenius Invites Digital Savvy People to Explore the
Other Side of Running Sport
S.090/CCS/VII/2024 July 15, 2024 Information Disclosure - LariBarengJenius Held in Semarang with the Spirit of Think
Unthinkable
S.095/CCS/VII/2024 July 30, 2024 Disclosure of Information - BTPN Achieves Growth in Credit, Assets in the First Half of
2020 as a Result of Relevant Financial Solutions for Customers
S.101/CCS/VIII/2024 August 12, 2024 Disclosure of Information - Get Ready to Hunt for Hoki Go Lucky Promo on Jenius’ 8th
Anniversary!
S.102/CCS/VIII/2024 August 13, 2024 Disclosure of Information - Bank BTPN Partners with Syailendra Capital as the Newest
Investment Manager through Jenius Application
S.104/CCS/VIII/2024 August 22, 2024 Information Disclosure - 8 Years of Growing Together with Digital Savvy Communities,
Jenius Presents Innovative Features that are Getting More Complete
S.105/CCS/VIII/2024 August 26, 2024 Disclosure of Bond Interest Payment Information
S.106/CCS/VIII/2024 August 29, 2024 Information Disclosure - BTPN’s Continuous Commitment to Community Empowerment,
Local MSMEs
S.107/CCS/VIII/2024 August 29, 2024 Disclosure of Information - Change Company Name, Appoint Independent
Commissioner for More Meaningful Growth
S.110/CCS/VIII/2024 August 30, 2024 Disclosure of Information regarding Amendments to the Articles of Association of PT
BANK BTPN Tbk (“Company”)
S.112/CCS/IX/2024 September 5, 2024 Disclosure of Information regarding Changes in the Composition of Board of
Commissioners Members PT BANK BTPN Tbk (“the Company”)
S.113/CCS/IX/2024 September 5, 2024 Information Disclosure - Bank BTPN Affirms Commitment to Empowering Retired
Customers on National Customer Day
S.118/CCS/IX/2024 September 26, 2024 Information Disclosure - Jenius and Single Moms Indonesia Share Education and Tips
for Preparing Children’s Education Funds
S.127/CCS/X/2024 October 2, 2024 Disclosure of Information - Submission of Proof of Advertisement for Change of
Company Name and Logo
358 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Document Number Date Subject
S.131/CCS/X/2024 October 7, 2024 Disclosure of Bond Interest Payment Information
S.133/CCS/X/2024 October 10, 2024 Disclosure of Information - BNI Asset Management Partners with BTPN Bank to Expand
Marketing Network for Index Funds
S.147/CCS/X/2024 October 17, 2024 Disclosure of Information - Bank BTPN Receives Annual Report Award 2023, Proof of
Commitment to Transparency and Governance
S.150/CCS/X/2024 October 31, 2024 Information Disclosure - Together is More Meaningful: SMBC Indonesia Records Positive
Performance in January-September 2024
S.952/DIR/CCS/XI/2024 November 29, 2024 Notice of Implementation of Sustainable Public Offering of Sustainable Bonds V Bank
SMBC Indonesia Phase II Year 2024
S.166/CCS/XII/2024 December 5, 2024 Disclosure of Information - Bank BTPN Brand Transformation into SMBC Indonesia, A
New Era of Growth and Sustainability
S.168/CCS/XII/2024 December 9, 2024 Monthly Report of Securities Registration
S.169/CCS/XII/2024 December 9, 2024 Information Disclosure - Jenius Presents Unthinkable Experience in SMBC Indonesia’s
Transformation Moment
S.170/CCS/XII/2024 December 12, 2024 Disclosure of Information - Running for the Earth, SMBC Indonesia’s Commitment to
Bring Meaningful Impact in Supporting Sustainable Living
S.172/CCS/XII/2024 December 24, 2024 Disclosure of Information - SMBC Indonesia Partners with SUN Energy to Provide
USD10 Million Strategic Financing Facility to Support the Acceleration of Indonesia’s
Energy Transition
Training and Competency Development
Details of competency development particicpated by the Corporate Secretary throughout 2024 are as follows:
No Tanggal Penyelenggara Materi Tempat
1. January 15, 2024 SMBCI Human Resources Leadership Season: Yogyakarta
& Corporate Secretary • Dharma Simorangkir (President Director of Microsoft
untuk ABG (Annual Board Indonesia)
Gathering) • Hardianto Atmadja (CEO Garudafood)
2. January 25, 2024 SMBCI Corporate Secretary, Discussion of POJK No. 30 of 2023 regarding the Webinar/online
Compliance & Financial Communication of Key Audit Matters in the Public
Controller Accountant’s Report on Audited Financial Statements in the
Capital Market
3. February 16, 2024 SMBCI Risk Management Socialization of Third Party Risk Management Policy Webinar/online
4. February 21, 2024 SMBCI Corporate Secretary Research Report of ACGS on Bank BTPN Webinar/online
& IICD
5. February 28, 2024 Asosiasi Emiten Indonesia Understanding PMK 172/2023 Webinar/online
6. March 7, 2024 SMBCI Learning BTPN Leadership Series: Winning the future Serving Today Webinar/online
(Professor Robert C. Wolcott, chair & Co-founder TWIN
Global)
7. April 30, 2024 SMBCI Risk Management Business Risk Forum #2 Webinar/online
8. May 6, 2024 · Socialization of the Pillars of Ethical Governance (Ethical Webinar/online
Asosiasi Emiten Indonesia Behavior, Transparency, Accountability, Sustainability) and
· IICD Annual Report Award 2023
9. May 16, 2024 Bursa Efek Indonesia Socialization of Regulation No. I-N on Delisting and Relisting Webinar/online
10. May 30, 2024 Otoritas Jasa Keuangan Opportunities and Challenges of Personal Data Protection in Webinar/online
Transactions in the Digital Era
11. June 5 2024 Otoritas Jasa Keuangan Socialization of Annual Report Award 2023 Webinar/online
12. June 11, 2024 Indonesia Corporate Refreshment Socialization of Professional Standardization Webinar/online
Secretary Association and Corporate Secretary Code of Ethics
13. June 13, 2024 Otoritas Jasa Keuangan Socialization. Webinar/online
a. POJK No. 26/2023 regarding Users of International
Financial Accounting Standards in the Capital Market;
b. POJK No. 29/2023 regarding Buyback of Shares Issued
by Public Companies; and
c. POJK No. 4/2024 regarding Report on Ownership or Any
Change in Share Ownership of a Public Company and
Report on the Activities of Pledging Shares of a Public
Company
14. June 19, 2024 Indonesia Corporate Annual Report Awards: Setting the Standard for Corporate Webinar/online
Secretary Association Disclosure
15. June 11-12, 2024 RDS Consultant Qualification Level 5 Banking Risk Management Debriefing Webinar/online
PT Rahardja Duta Solusindo
16. July 16 2024 Indonesia Corporate Integrated Corporate Communication Strategy Webinar/online
Secretary Association
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 359
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Corporate Secretary
No Tanggal Penyelenggara Materi Tempat
17. July 18, 2-24 Bursa Efek Indonesia Socialization of Amendment to Regulation Number I-X Webinar/online
regarding the Placement of Equity Securities Listing on the
Special Monitoring Board
18. July 19, 2024 Indonesia Corporate Annual Report Award: Setting the Standard for Corporate Webinar/online
Secretary Association Disclosure
19. July 26, 2024 SMBCI Human Resources & Managing Upward oleh Ikke Harjono Bandung
Corporate Secretary dengan
PT. Pasar Jasa Profesional
(Pasar Trainer)
20. August 15, 2024 Indonesia Corporate Deepening POJK No. 2/POJK.04/2020 concerning Affiliated Webinar/online
Secretary Association Transactions and Conflict of Interest Transactions & POJK
No. 17/POJK.04/2020 concerning Material Transactions and
Changes in Main Business Activities
21. August 26, 2024 Indonesia Corporate KSEI’s Role and Services in the Indonesian Capital Market Webinar/online
Secretary Association Industry
22. September 17, 2024 Indonesia Corporate What Investor Want from Sustainability Reports? Webinar/online
Secretary Association
23. September 24, 2024 Indonesia Corporate Strategic Finance for Sustainability, the role of Corporate Webinar/online
Secretary Association Secretary as BOD Business Partner to Boost Sustainability
Awareness
24. September 30, 2024 SMBCI Learning Mandatory Refreshment APU PPT & PPPSPM 2024 e-learning
25. September 30, 2024 SMBCI Learning Mandatory Compliance 2024: Compliance Awareness and e-learning
E&G on
26. September 30, 2024 SMBCI Learning Mandatory Cyber & Information Security Awareness 2024 e-learning
27. October 15, 2024 • Asosiasi Emiten POJK Refresher for Public Company Issuers (Information Webinar/online
Indonesia Disclosure and Incidental Reports)
• Otoritas Jasa Keuangan
28. October 15, 2024 Indonesia Corporate Corporate Secretary in the Digital Age: The Challenge of Webinar/online
Secretary Association Investor Data Protection
29. October 18, 2025 SMBC MY SMBC Leader's Digest [October Edition] - A Banker's Webinar/online
Tale of Work, Life & Balance (Shinsuke Kurata, MD & GM,
operations and Admnistration Department EMEA)
30. October 24, 2024 SMBCI Learning Leadership Festival 2024 with Ade Rai Webinar/online
31. October 31, 2024 SMBCI Learning Mandatory Sustainability 2024 e-learning
32. November 18, 2024 SMBCI Corporate Senior Leader Briefing Q4 2024 Webinar/online
Communication
33. November 21, 2024 SMBCI Corporate Secretary Economic Outlook (Raden Pardede) Webinar/online
34. November 26, 2024 Indonesia Corporate Getting to Know the CORES.KSEI System and e-BAE Next Webinar/online
Secretary Association Generation: The Latest Innovation for Digital Transformation
in the Company
35. November 28, 2024 Indonesia Corporate Climate Change: Drivers, Pathways, Risks, and Webinar/online
Secretary Association Opportunities Confirmation
36. November 29, 2024 Indonesia Corporate Deepening POJK No. 15/POJK.04/2022 concerning Stock Webinar/online
Secretary Association Split and Merger by Public Companies
37. November 29, 2024 SMBCI Learning Mandatory Complaint Handling & Consumer Protection 2024 e-learning
38. December 2, 2024 Otoritas Jasa Keuangan OJK Socialization - Conglomerate Group Management Jakarta
39. December 10, 2024 • Asosiasi Emiten Navigating PMK 172: Strengthening Compliance and Fair Webinar/online
Indonesia Business Practices in Transfer Pricing for Listed Companies
• BATS Consulting
40. December 17, 2024 Indonesia Corporate Economic Outlook 2025: Strategies for Facing Global Webinar/online
Secretary Association Opportunities and Challenges in the Era of Economic
Transformation
41. December 18, 2024 FKDKP Discussion (FGD) related to the Implementation of Internal Webinar/online
Control in the Bank’s Financial Reporting Process
42. December 18, 2024 SMBCI Learning Flexible Work Locations for Managers e-learning
43. December 18, 2024 SMBCI Learning Mandatory Anti Fraud Awareness 2024 e-learning
44. December 18, 2024 SMBCI Learning Mandatory Manajemen Risiko Operasional 2024 e-learning
360 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Compliance
Function
The implementation of the Compliance Function at implementation of the Compliance Function is also in
SMBC Indonesia primarily refers to the Financial line with the current rapid development of information
Services Authority (OJK) Regulation No. 46/ technology and digitalization which can certainly
POJK.03/2017 on the Implementation of the increase the potential compliance risks for the Bank.
Compliance Function of Commercial Banks. The Thus, the creation of a culture of compliance can be
regulation explains that the Compliance Function is realized by increasing the roles and responsibilities of
a series of preventive (ex-ante) actions or measures compliance at every level of the organization as well as
to ensure that policies, provisions, systems, and the effectiveness of the role of the Compliance Working
procedures, as well as business activities carried out by Unit function in the Bank. Therefore, all potential risks
the Bank, are in accordance with the provisions of the of the Bank’s business activities can be mitigated and
Financial Services Authority (OJK) and the provisions anticipated.
of laws and regulations, as well as ensuring the Bank’s
compliance with commitments made by the Bank to In addition to the matters mentioned above, the
the Financial Services Authority (OJK) and/or other implementation of the Bank’s Compliance Function
authorized supervisory authorities. is also carried out in a comprehensive and structured
manner, which aims as a preventive effort to ensure that
The implementation of compliance with the provisions the implementation of business processes is in line with
of the Financial Services Authority (OJK), Bank applicable provisions.
Indonesia (BI), Deposit Insurance Agency (LPS),
Indonesian Payment System Association (ASPI), and
applicable laws and regulations has become SMBC ORGANIZATIONAL STRUCTURE
Indonesia’s commitment, as stated in the Bank’s
Corporate Governance Manual and Compliance Policy. The Compliance Function within the SMBC Indonesia
organization is implemented by the Compliance
Unit, namely the Compliance Division, which is
independent in accordance with OJK regulations
The importance of implementing the Compliance on the Implementation of the Compliance Function.
Function is also a form of awareness that banking is an In accordance with regulatory provisions, the Bank
industry that is required to implement the Compliance also has a Director of Compliance who oversees the
Function more strictly (highly regulated) than other Compliance Function (Compliance Director).
industries. The strict level of compliance is primarily
related to the Bank’s public mission and responsibility The following is the organizational structure of the
in managing public funds. In addition, the strict Compliance Division:
Compliance Director
Compliance Head
Compliance Reporting & Compliance Policy &
Compliance Advisory
Regulatory Relation Training
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 361
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Good Corporate Governance
Compliance Function
LEGAL BASIS Referring to POJK No. 46/POJK.03/2017 concerning
the Implementation of the Compliance Function of
The Bank’s main guideline in its compliance function Commercial Banks, the Duties and Responsibilities of
is OJK Regulation No. 46/POJK.03/2017 on the the Director in Charge of the Compliance Function are
Implementation of Compliance Function in commercial at least as follows:
Banks. In addition, the Bank takes into consideration 1 Formulating the strategy to encourage the
the following: emergence of the Bank’s Compliance Culture;
1. The development of information technology, 2 Proposing compliance policies or principles that will
globalization, and financial market integration be established by the Board of Directors;
will add to the complexity of the Bank’s business 3 Establishing the compliance system and
activities that will broadly impact the risk exposures procedures to be used to formulate the Bank’s
faced by banks; internal provisions and guidelines;
2. Efforts to mitigate risks in the Bank’s business 4 Ensuring that all policies, provisions, systems,
activities, both as preventive measures (ex-ante) or procedures, as well as the Bank’s business
curative measures (ex-post); activities are in accordance with provisions set by
3. Efforts of preventive measures (ex-ante) can be the Financial Services Authority and the provisions
conducted by complying with various applicable of the laws and regulations;
banking rules to reduce or minimize risks in the 5 Minimizing the Bank’s Compliance Risk;
Bank’s business activities. 6 Taking preventive measures so that policies and/
or decisions by the Bank’s Board of Directors will
not deviate from provisions set by the Financial
FUNCTION, DUTIES, AND Services Authority and provisions of the laws and
RESPONSIBILITIES regulations; and
7 Conducting other tasks related to Compliance
Functions, duties, and responsibilities of the Function.
Compliance Department in SMBC Indonesia are
focused on supporting the implementation of the Duties and Responsibilities of the
Compliance Function in accordance with POJK No. 46/ Compliance Work Unit
POJK.03/2017 on the Implementation of compliance 1. Establishing steps to support the emergence of
Function in Commercial Banks, which covers the Compliance Culture in all of the Bank’s business
following: activities at every level of the organization;
1. Realizing the implementation of Compliance Culture 2. Conducting identification, measurement,
at all levels of the organization and business monitoring, and control of Compliance Risk by
activities of the Bank; referring to the provisions of the Financial Services
2. Managing Compliance Risks faced by the Bank; Authority that regulate the implementation of risk
3. Ensuring that policies, provisions, systems, and management in commercial banks;
procedures as well as business activities carried 3. Assessing and evaluating the effectiveness,
out by the Bank are in accordance with the adequacy, and conformity of the Bank’s policies,
provisions of the Financial Services Authority and provisions, systems, and procedures with
statutory provisions; and provisions of the laws and regulations;
4. Ensuring the Bank’s compliance with commitments 4. Reviewing and/or recommending updates and
made by the Bank to the Financial Services improvement of the Bank’s policies, provisions,
Authority and/or other authorized supervisory systems, and procedures in order to comply with
authorities. provisions of the Financial Services Authority, as
well as the provision of the laws and regulations;
For the effective implementation of the Compliance 5. Making efforts to ensure that the Bank’s policies,
Function, the Bank has a Director in charge of the provisions, systems, and procedures, as well as the
Compliance Function. In carrying out its duties, it is Bank’s business activities, are in accordance with
assisted by an independent Compliance Working Unit the provisions of the Financial Services Authority
as stipulated by OJK regarding the Implementation of and provisions of the laws and regulations; and
the Compliance Function of Commercial Banks. 6. Conducting other tasks related to the Compliance
Function.
362 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Supervision of the Board of Directors through assessment of the Bank’s Compliance Function
and the Board of Commissioners implementation conducted 2 (two) times a year,
Referring to the obligation to comply with POJK No. including providing suggestions/recommendations to
46/POJK.03/2017 concerning the Implementation of improve the implementation of the Bank’s Compliance
Compliance Function of Commercial Banks, the Board Function.
of Directors shall foster and realize the implementation
of Compliance Culture at all levels of the Bank’s
organization and business activities and shall ensure the FOCUS OF THE COMPLIANCE
implementation of the Bank’s Compliance Function. FUNCTION IN 2024
In this respect, to ensure the implementation of the The following is the focus of the implementation of the
Compliance Function, the Board of Directors and the Compliance Function in 2024 through a compliance
Board of Commissioners continue to actively supervise strategy implemented in line with the commitment
the implementation of the Bank’s Compliance Function to fulfilling compliance with OJK, BI, LPS, and ASPI
which, among others, is carried out through the regulations and applicable laws and regulations, among
following activities: others, as follows:
1 Report on the implementation of duties and 1. Improving assistance and monitoring of compliance
responsibilities of the Compliance Unit to the implementation in all lines of business/support. In
Compliance Director (monthly); this case, especially in the area of business units
2 Report on the implementation of duties and that will organize new products/initiatives, units
responsibilities of the Compliance Director to the related to regulatory reporting, as well as units
President Director with a copy to the Board of related to the fulfillment of prudential ratios such as
Commissioners (quarterly); KPMM, GWM, PDN, NPL, BMPK, NSFR, LCR, and
3 Report on the implementation of duties and Leverage Ratio.
responsibilities of the Compliance Director 2. To increase the awareness of all employees
submitted to the Financial Services Authority (OJK) towards the areas of Behavior and Culture, the
with a copy to the Board of Commissioners and Bank continues to conduct a comprehensive
President Director (semi-annual); Bank Behavior and Culture campaign targeting all
4 Report on the results of Compliance Risk employees. Together with the relevant Divisions,
assessment of inherent risks and the quality of in this case, Communications & Daya, Human
compliance risk management implementation Resources, and Operational & Fraud Risk
in the Bank’s operations submitted to the Risk Management through various activities, to ensure
Management Unit (quarterly); that all employees have the same understanding
5 Report on the results of monitoring compliance and knowledge, especially in terms of Corporate
risks and updates on compliance issues submitted Behavior and Culture. The activities also involve the
to the Board of Directors at the Board of Directors Board of Directors and Board of Commissioners.
Meeting and to the Board of Commissioners at the 3. Improving Compliance Culture at all levels of the
Board of Directors meeting forum with the Board of organization and the Bank’s business activities
Commissioners (quarterly) and the Audit Committee through, among others:
meeting (semi-annual); a. Socialization of OJK, BI, and LPS provisions,
6 Implementation of the In-Office Compliance both new and old provisions that impact the
Committee Meeting which was attended by, among Bank’s products and activities, including
others: President Director, Compliance Director, employees at branches through the AML
relevant BOD and BOM, as well as representatives Compliance Champion (ACC).
from SMBC as the controlling Shareholder (bi- b. Providing training to all staff and awareness
monthly). of compliance culture, both at the head office
and at branches through the AML Compliance
The Board of Directors and the Board of Commissioners Champion (ACC) based in the region, which
have also approved the compliance policy that serves is part of the Compliance Division’s activities
as the fundamental infrastructure in the governance in the process of increasing awareness and
implementation of the Bank’s Compliance Function. monitoring the implementation of branch
compliance. This includes organizing
In compliance with POJK No. 46/POJK.03/2017 on mandatory e-learning to improve Compliance
the Implementation of the Compliance Function in Culture that must be followed by all employees.
Commercial Banks, the Board of Commissioners takes
an active supervisory role of the Compliance Function
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 363
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Good Corporate Governance
Compliance Function
c. Ensuring that legal documents used in all Bank 11. Improving the implementation of GCG at every level
offices have been reviewed and verified by the of the organization and within the Finance Group,
Bank’s Head Office. including anti-bribery and corruption and conflict
4. Improving supervision and awareness of of interest in all processes of the Bank, among
Compliance Risk by organizing Compliance Self- others, in the process of appointing vendors for
Assessment, Compliance Self-Review, Thematic the procurement of goods and services, as well as
Review, Compliance on-site Review (Branch providing entertainment and gifts to third parties, to
Review) as well as internal discussions to advise ensure compliance with OJK regulations, especially
the relevant units. related to the Outsourcing and SMBC Global Policy.
5. Improving the capability and capacity of human 12. Continuing the GCG assessment with ASEAN
resources in the Compliance Division, including Scorecard standards and making possible
advisors, to anticipate OJK regulatory trends that improvements in terms of prevailing laws and
lead to principal-based, including the development regulations in Indonesia, including adjusting the
of new products and activities in the banking Articles of Association if necessary.
industry. 13. Reviewing the adequacy of the GCG structure and
6. Assisting business units in conducting business following up by improving or building infrastructure
collaboration with companies included in SMBC’s to support the optimization of GCG implementation,
financial conglomerate. for example, by establishing committees under
7. Ensuring that all policies, provisions, systems, the Board of Commissioners or Board of Directors
and procedures, as well as business activities and/or adding/adjusting the duties of existing
carried out by the Bank, are in accordance with the committees.
provisions of the Financial Services Authority and 14. Continuing efforts to manage the database of
laws and regulations through evaluation of internal the list of Related Parties and the list of Affiliated
policies, corporate actions, and transactional Parties to make it easier to use as a reference in
(credit) decisions that must obtain approval from managing both transactions with Related Parties
the Credit Committee and advisory functions. and Affiliated Parties, which ultimately can support
8. Minimizing potential fines from regulators (OJK the Bank’s efforts in conducting transactions with
and/or BI) by evaluating and reviewing the causes affiliated parties on an arm’s length basis and with
of fines from related units, including monitoring due regard to conflicts of interest that may occur.
of corrective measures taken and implementing 15. Improving the supervision and management of
preventive measures. employees who have Inside Information or Price
9. Optimizing the implementation of the Compliance Sensitive Information (PSI) on the Company’s
Function in business/support lines through customers, including but not limited to the
strengthening the Internal Control Risk (ICR) supervision and management of Personal Account
function to carry out internal control and risk in Dealing (PAD).
each business/support line, through, among others, 16. Improving the implementation of the principle of
monitoring reporting obligations to Regulators, independence with Controlling Shareholders (PSP)
fulfilling follow-up on OJK and/or BI inspection through communication mechanisms in accordance
findings according to the agreed time target. with the applicable legal order, including conducting
10. With the issuance of the four pillars of corporate periodic reviews and socialization of policies and
governance in the form of Ethical Behavior, procedures related to this matter. As a public
Accountability, Transparency, and Sustainability, company, the Bank will maintain all shareholders’
the Bank considers it necessary to make changes interests.
to the five GCG principles as part of the periodic 17. Managing information disclosure as stipulated in
review of the Bank’s Main Policy in the form of the Capital Market OJK regulations.
the Corporate Governance Manual to comply with 18. Ensuring the implementation of good corporate
the General Guidelines for Corporate Governance governance (GCG) within the Finance Group,
in Indonesia (PUG-KI). The update of the Bank’s including by harmonizing policies and procedures
Corporate Governance Manual also opens up between the Bank and its subsidiaries, through
the option of implementing governance not only coordination and communication with subsidiaries,
within the Financial Group but also in an integrated especially in the areas of governance, finance,
manner within the financial conglomerate. internal audit, risk management, and compliance
within the Finance Group.
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19. Reviewing and strengthening policies and COMPLIANCE SOCIALIZATION
procedures regarding the flow of communication
with the parent Company and subsidiaries in a Throughout 2024, socialization of new OJK, BI,
standard that can be acceptable to all parties. LPS, and ASPI regulations was conducted through
20. Reviewing the UI/UX of the www.smbci.com email and virtual media to the Board of Directors,
website and revamping it to ensure that the website Board of Commissioners, and related units, including
represents the Bank favorably. dissemination of new regulations to related units to
21. Ensuring the management of the Bank’s reputation determine follow-up to the new regulations. In addition,
risk, including establishing good strategic the socialization of old provisions affecting the Bank’s
relationships with the media in managing adverse products and activities was also carried out in the
news. relevant units.
To improve the understanding of branch employees,
COMPLIANCE IMPLEMENTATION socialization of OJK, BI, LPS, and ASPI provisions,
STRATEGY as well as SMBC regulations were also carried out
online and offline by the AML Compliance Champion
The Bank retains the strategy to establish continuous (ACC), which is part of the Compliance Division’s
compliance within the Bank’s organization. Details of activities in increasing awareness and monitoring the
the strategy are explained below: implementation of compliance at the Branch Office.
1. Assistance and monitoring of compliance
implementation in all lines of business/support.
a. Improving compliance culture at all levels of COMPLIANCE INITIATIVES IN 2024
the Bank’s organization and business activities
through socialization of OJK, BI, LPS, and Throughout 2024, the Bank realized several compliance-
ASPI provisions. related initiatives, including:
b. Providing training to all staff and increasing 1 Implementation of evaluation of studies conducted
awareness of compliance culture, both at head by related units on the causes of the emergence
office and branches. and follow-up of fines from Regulators (OJK and/
2. Increased supervision and awareness of or BI) to mitigate the emergence of repeated
compliance risk by organizing Compliance Self- fines and to improve the Bank’s internal control,
Assessment, Compliance Self-Review, Compliance including monitoring of the completion of follow-up
On-Site Review (Branch Review), and also internal or corrective steps taken according to the results of
discussions to provide input to related units. the study.
3. Ensuring that all policies, provisions, systems, 2 Refinement of the compliance process, among
and procedures, as well as business activities others, through strengthening the supporting
carried out by the Bank, are in accordance with infrastructure for the implementation of the
the provisions (OJK, BI, LPS, and ASPI) and the Compliance Function in the Compliance Division
provisions of laws and regulations. It is conducted in the form of a special monitoring system through
by evaluating internal guidelines, corporate actions, the Operational System for Compliance Reporting
and transactional (credit) decisions that must be (OSCAR) for the fulfillment of follow-up to OJK, BI,
approved by the Credit Committee and advisory LPS, and ASPI regulations, fulfillment of regulatory
function. examination findings and others. The system is also
continuously adjusted and developed to keep it
relevant and in line with the organization’s needs.
The implementation of Project Regulatory Reporting
Governance & Process Review Phase 2 (Project
RRG&PR 2) aims to improve the time efficiency of
existing resources, increase critical process maturity in
managing reporting compliance, and reduce compliance
risk exposure, in this case, potential fines that may
arise.
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Internal
Fraud
BASIS OF FRAUD PREVENTION - Periodically updating policies and procedures
for managing anti-fraud strategies;
SMBC Indonesia applies zero tolerance to every - Reviewing the fraud risk of each new product,
incident of fraud. For this reason, the Bank incessantly process, system, and initiative, either new or in
follows up on every fraud incident, including by development;
providing sanctions to employees who conduct and - Conducting anti-fraud awareness training; and
are involved in fraud incidents, in line with applicable - Adding a clause in each cooperation
provisions, including reporting to the authorities (if agreement and sending notification letters
necessary). to vendors and partners who cooperate
with the Bank on a regular basis to report
Apart from the above, the Bank is committed to taking through whistleblowing channels if they find
action of prevention against all forms of fraud and to indications/occurrences of fraud. It is intended
immediately follow-up to reduce the loss impact on so that vendors and partners cooperating
the customers and/or the Bank, including managing with the Bank can participate in assisting the
the Bank’s reputation from negative publications that Bank in maintaining corporate governance,
impact the loss of the public’s trust in the Bank. especially in the aspect of implementing fraud
risk management properly.
The Bank requires all employees to act honestly, with - Collaborating with business lines to educate
integrity and high professionalism to take an active customers regarding caution against the threat
role in protecting and maintaining assets, customers’ of fraud through social media, e-posters, and
funds, and stakeholders’ interests by complying with all others;
internal provisions and prevailing laws and regulations. - In the context of following up and resolving
each reported Fraud incident through a
comprehensive investigation process, the
IMPLEMENTATION OF ANTI-FRAUD Bank establishes a cooperation contract with a
STRATEGY third party appointed as Subject Matter Expert
(SME)/consultant Investigator; and
In managing fraud risks, the Bank implements an - Establishing a behavioral risk policy to achieve
antifraud strategy coordinated by the Operational & consumer protection, market health, fair
Fraud Risk Management (OFRM) Division. The OFRM competition, public and stakeholders’ interests,
Division is directly responsible to the Head of Risk and to ensure that the Bank is not affected by
Management, who is responsible to the President employees’ misbehavior or lack of integrity.
Director.
2. Detection
Fraud risk control in SMBC Indonesia is carried out Programs and tools to detect fraud, which at least
systematically through the implementation of an includes the whistleblowing mechanism, surprise
Anti-Fraud strategy manifested in 4 (four) pillars, as audit, and surveillance system.
explained below:
1. Prevention 3. Investigation
Anti-fraud prevention program to reduce the The process of investigation, reporting, and
potential occurrence of fraud, which at least sanctions on fraud incidents, which at least
includes: includes investigation standards, reporting
- The signing of the Anti-fraud Integrity Pact and mechanisms, and mechanisms for the imposition of
Code of Conduct; sanctions.
- Anti-Fraud Awareness Training (Hybrid
and e-learning) to all employees, Board of
Directors, and Board of Commissioners as well
as training to vendors/partners cooperating
with the Bank on a regular basis;
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Good Corporate Governance
4. Monitoring, Evaluation, and Follow-up
Observing, evaluating, and monitoring the settlement of follow-up actions on fraud incidents carried out by the
OFRM Division in coordination with all other related work units.
The OFRM Division reports on the implementation of the Bank’s anti-fraud strategy to the Board of Directors
through Risk Management Committee meetings and to the Board of Commissioners through the Audit Committee
and Risk Monitoring Committee meetings on a monthly basis. In addition, the OFRM Division also reports on the
implementation of the anti-fraud strategy to the Regulator (BI/OJK/LPS) in accordance with applicable provisions.
IMPLEMENTATION AT THE BANK
The following are the number of Internal Fraud incidents with significant impact that have been reported to OJK based
on the criteria set out in SMBC Indonesia’s provisions.
Number of cases conducted by
Non-Permanent
Internal Fraud in One Year Management Permanent Employee
Employee
2024 2023 2024 2023 2024 2023
Resolved - - 1 4 - -
In process of settlement internally in the Bank - - - - - -
Not yet processed for settlement - - - - - -
Followed-up further through legal process - - 1 4 - -
Total Fraud - - 1 4 - -
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Anti-Money Laundering, Antimoney
Laundering, Counterterrorist
Financing, and Counter-
Proliferation Financing of Weapons
of Mass Destruction (AML CFT and
CPF)
SMBC Indonesia developed the AML/CFT CPF program SPECIAL WORK UNITS OF AML, CFT,
as an effort to prevent the risk of becoming a means of AND CPF
Money Laundering (ML), Terrorist Financing (TPPT), and
Financing Proliferation of Weapons of Mass Destruction The Anti-Money Laundering/Combating Financing
(PPSPM). The implementation of the AML/CFT CPF of Terrorism (AML CFT) Division is designated as the
program refers to a number of regulations, among Special Working Unit responsible for the implementation
others: of AML, CFT, and CPF programs in SMBC Indonesia.
1. Law No. 8 of 2010 on the Prevention and The AML Division is independent and structurally
Eradication of Money Laundering Crime; responsible directly to the director in charge of the
2. Law No. 9 of 2013 on the Prevention and compliance function (Compliance Director).
Eradication of the Crime of Financing Terrorism;
3. OJK Regulation No. 8 of 2023 on the The AML Division conducts continuous monitoring
Implementation of Anti-Money Laundering and testing of the Bank’s compliance with all AML,
Program, Prevention of Financing of Terrorism, CFT, and CPF programs, as well as reporting to inform
and Counter-Proliferation Financing of Weapons of management on the quality of AML, CFT, and CPF
Mass Destruction in the Financial Services Sector; programs implementation. The AML CFT Division also
4. OJK Circular Letter related to the Implementation receives support from AML staff representatives (AML
of AML/CFT Program in the Banking and Capital Compliance Champion/ACC) assigned in six regions to
Market Sectors; and facilitate supervision of AML, CFT, and CPF program
5. Best practices applicable to the global SMBC implementation in branch offices throughout Indonesia.
group.
Organizational Structure of the AML CFT Division
Compliance Director
AML & CFT Division Head
AML CFT Transaction AML CFT
AML CFT Due Diligence AML CFT Technology
Monitoring & Reporting Risk Monitoring
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SOCIALIZATION OF AML, CFT, AND CPF 2. Policies and Procedures
PROGRAMS The Bank periodically reviewed to improve the
Bank’s AML CFT CPF policies and procedures,
The implementation of AML, CFT, and CPF programs both at the bank wide level and for the Work Units
requires a mutual commitment with all stakeholders, in the AML Division. The Bank also synergizes with
from the employee level to the managerial level. its subsidiaries to align the preparation of AML
Therefore, SMBC Indonesia continues to socialize AML, CFT CPF program governance and supervise its
CFT, and CPF programs periodically to all employees, implementation.
as well as dynamically to certain work units in the form
of relevant specific materials. 3. Internal Control
To ensure an effective internal control system,
These efforts continue to be carried out on an ongoing the Bank determines the limits of authority
basis within the Bank to enhance the culture of and responsibility of work units related to the
compliance at all levels of the Bank’s organization. In implementation of the AML, CFT, and CPF
addition, to increase awareness of the risk impact of programs and carries out independent audits to
Money Laundering (ML), Terrorist Financing (TPPT), and ensure the effectiveness of the implementation
Proliferation Financing of Weapons of Mass Destruction of the programs. Business Units and branch
(PPSPM) on the Bank’s business activities. offices act as the front line/first line of defense in
implementing the Bank’s business activities by
continuing to comply with the Bank’s AML, CFT,
IMPLEMENTATION OF AML, CFT, AND and CPF policies and procedures.
CPF PROGRAMS IN 2024
Independent inspection is conducted by the Quality
The Bank’s financial products and services are Assurance Team (Directorate of Operations) and
expanding, among others, marked by the development the AML Division as the second line of defense.
and use of information technology in financial The Quality Assurance Team ensures the process
products and services as well as regulatory approval quality in all branch offices, including AML, CFT,
for the expansion of the Bank’s business activities. and CPF processes. The AML Division regularly
Simultaneously, the Bank faces the potential high risk of assesses the implementation of AML, CFT, and
the Bank’s financial products and services being used CPF policies as well as the risk development of
as a means of ML, TF, and PF. ML, TF, and PF. The AML Division also consults
and reviews AML, CFT, and CPF risks on the
The Bank compensates for the increase in risk by development of products, services, distribution
continuously improving the quality of AML, CFT, and mechanisms, and technology available in the Bank.
CPF program implementation. These efforts are based Internal audit, as the third line of defense, inspects
on a risk-based approach in identifying, assessing, the implementation quality of the Bank’s AML, CFT,
and understanding the risks of ML, TF, and PF in all the and CPF programs as conducted by the first and
Bank’s financial products and services. second lines.
As part of implementing comprehensive risk 4. Management Information System
management and supporting the integrity of the The Bank has an adequate management
implementation of corporate governance principles, information system to support AML/CFT and CPF
throughout 2024, the Bank implemented AML, CFT, and programs, including systems used for customer
CPF programs, among others: identification and screening, customer risk profile
1. Active Supervision of the Board of Directors assessment, monitoring of customer data updates,
and Board of Commissioners customer transaction monitoring, and reporting
The implementation of AML, CFT, and CPF systems to all stakeholders.
programs is regularly informed to the Board of
Directors and Board of Commissioners in regular The Bank developed several systems to support
meetings of the Board of Directors and Board the AML/CFT CPF program so that it can run more
of Commissioners, as well as through periodic/ optimally and effectively. A review of the transaction
ad hoc reports. On these occasions, the Board of monitoring alert scenario was completed in 2024
Directors and Board of Commissioners provide to ensure the effectiveness of the system against
views and recommendations regarding steps that the evolving modus operandi of ML, TF, and PF.
can be taken by the AML CFT Division to improve Periodic testing is also scheduled to assess the
governance and fulfillment of the Bank’s AML, CFT, reliability and effectiveness of systems supporting
and CPF programs. the Bank’s AML, CFT, and CPF programs.
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Anti-Money Laundering, Antimoney Laundering, Counterterrorist Financing, and
Counter-Proliferation Financing of Weapons of Mass Destruction (AML CFT and CPF)
5. Human Resources and Training a) Following up on written requests from
AML Division periodically monitors, analyzes, and authorities to block or close accounts identified
recommends the need for training as well as the as related to ML, TF, and PF.
development of training materials for AML, CFT, b) Following up on a series of initiatives from
and CPF Programs for the Bank’s employees. AML, regulators related to the eradication of
CFT, and CPF program training is mandatory for accounts related to the phenomenon of online
completion every year by existing employees, as gambling, delivering anti-online gambling
well as for employees in the orientation stage. education content through internal and
external communication media, coordinating
Working together with the Human Resource with Kominfo against websites identified as
Division, the AML Division monitors the fulfillment online gambling, and declaring an anti-online
of continuous related training that is mandatory gambling education integrity pact.
for new and existing employees. The Bank also c) Sending an appeal to Customers of Property
conducts pre-employment screening procedures Companies/Agents and Motor Vehicle Traders
and monitors each employee’s profile (know your to carry out goAML registration obligations in
employee), to mitigate ML, TF, and PF risks that accordance with PPATK requests based on
involve the Bank’s internal parties. the mandate of Law No. 8 of 2010 concerning
the Prevention and Eradication of Money
The Bank also plays an active role in supporting Laundering Crimes.
the initiatives of regulators and related authorities in d) Participating in the Financial Integrity Rating on
mitigating the risks of ML, TF, and PF in Indonesia, Money Laundering/Terrorism Financing (FIR on
among others: ML/TF) conducted by PPATK in 2024.
Provision of Funds for Social and
Political Activities
SMBC Indonesia is not involved in political activities and In this respect, the Bank places its social responsibility
does not extend donations for political purposes. On the program as an important and integral part of the Bank’s
contrary, the Bank can continually maintain its business business activities. A more detailed explanation of this
performance by carrying out its social calling. is presented in the Sustainability Report.
Transparency of The Bank’s
Financial and Non-Financial
Conditions
With reference to the Financial Services Authority Regulation No. 55/POJK.03/2016 on the Implementation of
Corporate Governance in Commercial Banks, SMBC Indonesia has complied with the obligation concerning the
transparency of the financial and non-financial conditions. The disclosure mechanism is carried out through various
communication channels, from uploading on SMBC Indonesia’s sites to direct disclosure to the regulators and related
parties.
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Good Corporate Governance
In addition, transparency is also noted through publications in the national media. Following is the list, among others,
of details of transparency in financial and non-financial areas:
Subject of Transparency Publication
Monthly Financial Report to regulator Website
Quarterly Financial Report to regulators Print media, websites, and other information
channels
Annual Report to regulators, rating institutions, shareholders, and other related parties Websites and other information channels
Information Governance Websites
Information on the Bank’s Products and Services including office network Websites
Announcement of GMS implementation Websites and other information channels
Other information related to information disclosure Websites and other information channels
Share Buyback or
Subordinated Bond
The shares and bond buybacks are efforts to reduce During 2024, SMBC Indonesia did not conduct any
the number of issued shares or bonds. The payment share buy back and bond buy back.
procedure is carried out in accordance with applicable
regulations.
Provision of Funds to Related Prties
and Large Exposure
Provision of funds to Related Parties is carried out in accordance with applicable provisions and must obtain the
Board of Commissioners’ approval. The following table shows the provision of funds to related parties and large
exposures as of December 31, 2024.
Realization of Provision of Funds to Third Parties and Large Exposure
Total
Provision of Funds
Debtors Nominal (Rp Million)
1. To Related Parties 14 8,619,932
2. To Main Debtor 25 71,575,828
Individual 2 2,075,625
Group 23 69,500,203
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 371
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External
Audit
POLICY
SMBC Indonesia appoints Public Accountants (AP) and Public Accounting Firms (KAP) registered with Bank Indonesia
and the Financial Services Authority for the preparation of audited financial statements each year. For the 2024
financial year, KAP Siddharta Widjaja & Partners was appointed. The appointment was approved by the Annual GMS
on March 21, 2024, based on the Audit Committee’s recommendation through the Board of Commissioners.
The total cost incurred for the audit of the Consolidated Financial Statements in 2024 was Rp9,580 million before OPE
(out-of-pocket expense) and 11% VAT.
The Public Accountant and KAP completed their duties independently in accordance with the standard guidelines of
the public accounting profession and in accordance with the specified work requirements and audit scope.
Public Accounting Firms as Audit Executor of SMBC Indonesia’s Financial
Statements
Audited Fiscal Fee
Public Accounting Firm Accountant in Charge Services Provided
year (Rp Million)
2024 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual Financial Statements 9,580
2023 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Annual and Interim Financial 15,900
Statements
2022 KAP Siddharta Widjaja & Rekan Novie, S.E., CPA Audit of Financial Statements 8,553
2021 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 8,351
2020 KAP Siddharta Widjaja & Rekan Liana Lim S.E., CPA Audit of Financial Statements 8,500
OTHER NON-FINANCIAL AUDIT SERVICES
SMBC Indonesia appointed KAP Siddharta Widjaja & Rekan which is registered with Bank Indonesia and the Financial
Services Authority for several Other Non-Financial Audit Services.
Other Non-Financial Audit Services provided during 2024 are as follows:
• Assurance Services on Proforma Financial Information
• Komforta Letter Services
• Services on Agreed-Upon Procedures (AUP) in the Context of Fulfillment of Registration Regulations for
Sustainable Public Offering of Sustainable Bonds
• Services on Agreed-Upon Procedures (AUP) in the Context of Fulfillment of Custodian Bank Regulations
The total fee for the Non-Financial Audit Services assignment was Rp1,933 million before OPE (out-of-pocket
expense) and 11% VAT.
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Internal Audit
Work Unit
The Internal Audit retains the vision to become the management’s strategic partner in supporting the Bank’s growth to
attain the organization’s set goals. In carrying out its duties, the Internal Audit has 2 (two) functions.
The first is the assurance function, where the Internal Audit evaluates the governance process, risk management, and
effectiveness of the internal control on all aspects of the Bank’s activities through the risk-based approach.
Second, the consultative function, where the Internal Audit provides feedback on internal control to other directorates,
such as by extending recommendations or suggestions for improvements in various audits conducted, feedback on
policy or procedure drafts, feedback on the Bank’s main initiatives, and others.
PROFILE
Anke Subandy
Head of Internal Audit
Nationality Indonesian
Domicile Jakarta
Age 53 years old at the end of the 2024 financial year
Tempat, Tanggal Lahir Bogor, January 2, 1971
Basis of Appointment Appointed by the President Director with the Board of Commissioners’ approval since June 1,
2024, through Decree No. PS/BOC/025/V/2024 dated May 22, 2024, concerning the Approval of
the Board of Commissioners related to the Replacement of the Head of Internal Audit of PT Bank
SMBC Indonesia Tbk.
Educational Background • 1994 -1995 Edith Cowan University, Western Australia - Master of Business Administration.
• 1989 -1993 Universitas Tarumanegara, Jakarta - Bachelor of Economic majoring in
accountancy.
• 1987-1989 Senior High Scool Regina Pacis, Bogor
• 1985-1987 Junior High Scool Regina Pacis, Bogor
• 1979-1985 Elementary School Regina Pacis, Bogor
Work Experience PT Bank Permata Tbk
August 2017 – May 2024
• January 2023 – May 2024
Chief of Internal Audit
• August 2017 – December 2022
Executive Vice President – Division Head of Internal Audit
Citibank Indonesia
• September 2015 – August 2017
Senior Vice President – Country Head of Operational Risk Management
PT Bank CIMB Niaga Indonesia
March 2012 - August 2015
• January 2014 – August 2015
Senior Vice President Internal Audit - Deputy Chief Audit Executive To assist CAE in overall
responsibility as Head of Internal Audit CIMB Niaga. Oversight Audit Groups:
• March 2012 – December 2013
Senior Vice President Internal Audit – Credit Audit Group Head Responsible for all audits on
products, operations and supports related to the following:
The Hong Kong and Shanghai Banking Corporation - Jakarta
July 2005 - March 2012
• December 2009 – March 2012
Senior Vice President Internal Audit
• November 2007 – November 2009
Vice President Operational Risk and Controls
• June 2007 – October 2007
Assistant Vice President Management Internal Control
• July 2005 – June 2007
Management Internal Control Manager
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 373
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Internal Audit
ABN AMRO BANK NV. Indonesia
• April 2004 – July 2005
Internal Audit Manager
The Hong Kong and Shanghai Banking Corporation - Jakarta
• March 2001 – March 2002
Credit Audit Manager
Bank Credit Lyonnais Indonesia – Jakarta
June 1996 - April 2001
• August 1998 – April 2001
Internal Auditor
• June 1997 – July 1998
Assistant Manager Corporate Banking
• June 1996 – May 1997
Management Trainee
Certification • Certified Internal Auditor (CIA)
• Certified Data Protection Officer (CDPO)
• Anti-Bribery Management System (SMAP) SNI ISO 37001:2016
• SNI ISO 37001:2016
• Certified Teal Agilist (CTA)
• Certified Associate Scrum Master (CASM)
Affiliation No affiliation with the Board of Directors, Board of Commissioners, and Controlling Shareholders.
APPOINTMENT AND DISMISSAL
The Head of Internal Audit is appointed and dismissed by the President Director with the approval of the Board of
Commissioners. The appointment and dismissal of the Head of Internal Audit are reported to the Financial Services
Authority (OJK).
ORGANIZATION AND POSITION OF THE INTERNAL AUDIT IN THE COMPANY’S
STRUCTURE
The Internal Audit is an independent directorate that reports directly to the President Director and functionally to the
Board of Commissioners through the Audit Committee. Until the 2024 financial year, the organizational structure of
Internal Audit is as illustrated below:
President Director
Head of Internal Audit
Wealth Audit
IT, Digital Secretary to
Management &
Operations Audit Credit Audit Banking & Methodology, QA
Corporate Head of Internal
Head Head Analytics Audit
Functions Audit & Development
Head Audit
Head Head
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No. Division Responsibility
1 Credit Audit Division Examining all credit activities in the Wholesale, Commercial, and Business Banking
business segments, including Cash Management and Trade Finance services, as well
as the Retail Lending, Micro Business, and Pension business segments
2 IT, Digital Banking, and Analytics Audit Examining the Information Technology area - infrastructure, security, and applications,
Division including the Digital Banking business (Jenius). This division is also a supporting
division for other audit units by providing data for examination. Moreover, this unit also
conducts continuous audit to check for anomalies through data.
3 Operations Audit Division Examining all activities in branch offices and activities in the Operations directorate at
the Head Office.
4 Wealth Management and Corporate Examining the Wealth Management business segment, Treasury and supporting
Functions Audit Division functions at the Head Office such as Finance, Compliance, Legal, Risk Management,
and Human Resources.
5 Audit Methodology, Quality Assurance and Preparing the Annual Audit Plan, developing audit methodologies, reviewing the
Development Division conformity of Internal Audit activities with applicable standards, and improving the
competence of Internal Audit staff through effective training mapping. This division also
coordinates the Internal Audit function for the Finance Group and its subsidiaries.
DUTIES AND RESPONSIBILITIES Control (GRC) to maximally support the Bank’s
objectives and goals.
The Internal Audit reports all results of the audit 5. Performing consultative audits/reviews of the
implementation, including recommendations for Bank’s new initiatives/products if required by both
improvement to the President Director, the Audit the management as well as regulators.
Committee, and the Board of Commissioners, with a 6. Identifying possibilities for improvement and
copy to the Director of Compliance. Periodically, the increasing the efficiency in the use of resources.
Internal Audit presents the audit results to the Board of 7. Periodically submitting audit reports to the
Directors and the Audit Committee, as well as provides President Director and the Board of Commissioners
a summary of the audit results to the President Director, through the Audit Committee, containing an
the Board of Directors, and the Audit Committee. overview of the audit activities results, with a copy
to the Director of Compliance.
Each year, the Internal Audit also prepares the risk- 8. Monitoring and reporting the progress of the
based Annual Audit Plan related to the Bank’s main implementation of the audit results follow-up to the
activities. The Audit Plan is also discussed together with President Director, Board of Commissioners, Audit
the related Director and Internal Audit Department of Committee, and Board of Directors.
Sumitomo Mitsui Banking Corporation (SMBC IADAP) 9. Ensuring that the Bank’s Internal Audit function
in connection with the audit collaboration plan to align and monitoring of the Internal Audit Function in
with the directives of the overall business development subsidiaries are effectively running.
and to obtain the approval from the President Director, 10. Working together with other internal control
the Audit Committee and the Board of Commissioners. functions, including the external audit to achieve
comprehensive audit results.
Details of the general duties and responsibilities of the 11. Preparing and reviewing the Internal Audit charter,
Internal Audit are as follows: policies, and procedures periodically.
1. Preparing a risk-based annual audit plan and
obtain a review and approval from the President
Director, the Audit Committee, and the Board of INTERNAL AUDIT CHARTER
Commissioners.
2. Communicating the plan to the President Director The Internal Audit function is mandated by the Board of
and the Audit Committee if there are limited Commissioners (Board) which defines the Internal Audit
resources that might affect the annual audit plan. function’s authority, roles, and responsibilities and is
3. Reviewing and adjusting the annual audit plan if documented in the Internal Audit Charter. This mandate
there are significant changes in the business, risk, empowers the Internal Audit function to provide
operation, program, system, and control. Such assurance, advice, insight, and objective foresight to the
changes must acquire the approval of the President Board of Commissioners (through the Audit Committee)
Director, the Audit Committee, and the Board of and Management. The Internal Audit function carries out
Commissioners. its mandate by applying a systematic and disciplined
4. Implementing the approved annual audit plan approach to evaluate and improve the effectiveness of
by analyzing and evaluating the effectiveness governance, risk management, and control processes
of Governance, Risk Management, and Internal
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Internal Audit
throughout the organization. This Internal Audit Charter HUMAN RESOURCES
is approved by the President Director, Audit Committee,
and Board of Commissioners. Until the end of the 2024 financial year, the number of
Internal Audit human resources was 63 people.
The preparation of the Internal Audit Charter refers
to the Financial Services Authority Regulation No. 1/ Details of Human Resources Distribution
POJK.03/2019 concerning the Implementation of the Total Human
Directorate/Division
Internal Audit Function in Commercial Banks and the Resources
Internal Audit professional standards issued by The Head of Internal Audit 1
Institute Internal Audit (the IIA). Periodically, Internal Secretary to Head of Internal Audit 1
Audit reviewed and aligned the Charter, as well as its Credit Audit 12
derivative documents such as Internal Audit policies and IT, Digital Banking and Data Analytics Audit 16
procedures in accordance with applicable provisions
Operations Audit 15
and standards.
Wealth Management and Corporate 13
Functions Audit
Audit Methodology, QA and Development 5
BASIS OF IMPLEMENTATION OF
Total 63
INTERNAL AUDIT
SMBC Indonesia established standards and
methodologies in conducting internal audit, as outlined QUALIFICATION AND CERTIFICATION
in the Internal Audit Policy 2024. In general, the
Internal Audit policy covers general policy, audit policy, Qualification Standard of Internal Audit Human
documentation and administration policy, and resource Resources
policy. The policy refers to the prevailing laws and Position Minimum Qualification
regulations as well as industry best practices, including: Head of Internal Risk Management Certification (SMR) Level
1. Financial Services Authority Regulation No. 1/ Audit 7, Professional Certification related to Internal
Audit
POJK.03/2019 on the Implementation of the
Internal Audit Function for Commercial Banks. Audit Division Risk Management Certification (SMR) Level
Head 5, Professional Certification related to Internal
2. Financial Services Authority Regulation No. 17 of Audit
Year 2023 concerning Governance Implementation Audit Lead Risk Management Certification (SMR) Level 5
For Commercial Banks.
Senior Auditor/ Risk Management Certification (SMR) Level 4
3. Financial Authority Regulation No. 18/ Auditor
POJK.03/2014 on the Implementation of
the Integrated Governance for Financial
Conglomerates. Ownership of Professional Certification
4. Financial Services Authority Regulation No. 45/ Total Employee
Professional Certification
POJK.03/2020 on Financial Conglomeration. with Certificate
5. Financial Services Authority Regulation No. CIA (Certified Internal Auditor) 2
11/POJK.03/2022 on the Implementation of CISA (Certified Information Systems 2
Information Technology (IT) by Commercial Banks Auditor)
and the Financial Services Authority Circular Letter CISM (Certified Information Security 1
Manager)
No. 21/SEOJK.03/2017 on the Implementation
CSX (Cyber Security Nexus) 1
of Risk Management in the Use of Information
Technology by Commercial Banks. CAMS (Certified Anti-Money Laundering 1
Specialist)
6. International Standards for the Professional
CGRCP (Certified GRC Professional & 1
Practice of Internal Auditing (IPPF) Audit)
ISC (International Cyber Security) 2
ISO 27001: 2013 1
QIA (Qualified Internal Auditor) 5
CBIA (Certified Bank Internal Audit) 16
SMR (Risk Management Certification) 61
376 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Participation in Professional Association Audit also completed a collaborative/joint audit with
Professional Certification Number of Employee SMBC Internal Audit Department Asia Pacific (IADAP)
IIA (Institute of Internal Auditors) 6 on cyber security and BTPN Syariah on IT Development
ISACA (Information Systems Audit and 5
(subsidiary oversight).
Control Association)
IAIB (Ikatan Auditor Intern Bank) 63 For the existing weaknesses/findings, the relevant work
units carried out/have follow-up plans for improvement,
which are monitored continuously by the Internal Audit.
IMPLEMENTATION OF ACTIVITIES IN In addition, the Internal Audit also reviewed (12
2024 assignments), among others, related to the development
of Jenius digital services (as platform services, KYC/
The 2024 Audit Plan has been prepared and approved Know Your Customer process without face-to-face
by the President Director, subsequently approved by and automatic verification process, mutual fund
the Audit Committee and the Board of Commissioners switching, digital bancassurance, QRIS cross border,
as of November 2023, with 31 (thirty-one) assurance QRIS service with a credit card as a funding source,
assignments and 1 (one) advisory assignment. and secondary market bond feature), cooperation with
third parties related to the advanced development of
In October 2024, the Internal Audit revised the Annual 24/7 remittance feature, Touchbiz (biometric feature for
Audit Plan for 2024, which included changes to the transfer, new checking account opening feature), Flexi
type of audit, audit scope, and separation of audit Cash acquisition, and QRIS service in the BusinessKit
assignments. The revised Audit Plan for 2024 has been application.
submitted and approved by the President Director,
Audit Committee, and Board of Commissioners as of Furthermore, the Internal Audit also conducted
October 30, 2024. As of the end of December 2024, continuous audits (15 assignments), including analysis
the Internal Audit completed 100% (32 out of 32) of related to customer risk profiles, NIK/Population
assurance audit assignments, namely four mandatory, Identification Number, teller adequacy, and cash
four general, 16 thematic, and eight branch audits at withdrawal transactions without customer identity
business units and supporting work units. In addition, cards at branches, genius credit card facilities without
there are two advisory audit assignments, namely savings/current accounts, transactions from vendors/
Network & Distribution and SLIK Project that have been outsource to employees, savings and current accounts
commenced and are still ongoing until the end of 2024. with negative balances, transactions between
employees, relationship managers with customers/
The completed examinations include mandatory vendors, incorrect customer email and phone number
audits in accordance with regulations such as ISO information, general ledger clearing debits and clearing
27001 Surveillance, Local Fund Transfer (related to the rejects, changes in date of birth on pension loan
submission of LHPK/Compliance Assessment Results facilities, critical customer data quality, SLIK, ATM cash
Report), Single Customer View (SCV), and ICAAP withdrawals exceeding daily transaction limits, active
(Internal Capital Adequacy Assessment Process); customer master data, and calculation of interest on
examination of business segments covering Micro deposits withdrawn before the maturity date.
Business Management, Pension Business Management,
Corporate & Wholesale Credit Activities, Digital Banking On the other hand, in connection with the stipulation
(Jenius), and Treasury Business Activities, examination of the 2025 Annual Audit Plan, the Internal Audit
of supporting functions covering Core Banking, Card updated the audit methodology, which began
Payment Tools, General Services, Power, AML, CFT with the identification of the Audit Universe with a
& CPF (Anti-Money Laundering, Counter Financing broader perspective covering processes, systems,
of Terrorism, and Counter-Proliferation Financing of functions, and working units and cross-referenced to
Mass Destruction Weapons), Remittance & Payment the organizational structure, products, applications/
Operations, Compliance, Corporate Secretary, systems, and audit divisions to ensure coverage. The
effectiveness of Retail Banking Quality Assurance process was followed by conducting a Macro Priority
function, IT (Information Technology) Governance Assessment (MPA) to identify risk factors contributing
Framework, User Access Management, Sales to the entity, evaluate risks, and prioritize results.
Distribution - Wealth Management Business and SME MPA is conducted on the credit (SME and Micro), IT,
Business Activities - IT Related, as well as examinations and Network & Distributions areas. The Internal Audit
of branches for West Java, Sumatra, Jakarta 2, Central constantly reviews and updates the Audit Universe
Java, Jakarta 1, Eastern Indonesia, East Java, Bali, and MPA parameters used to provide an up-to-
Nusa Tenggara, and SME Makassar Hub. The Internal date risk-based audit approach in line with business
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Internal Audit
developments. The 2025 Annual Audit Plan has been results of the RSM Indonesia review suggest that the
completed and approved by the President Director, Internal Audit activities are generally in accordance
Audit Committee, and Board of Commissioners on (Generally Conform) with the applicable standards
November 25, 2024. (the related POJK and International Professional
Practices Framework/IPPF). The review results have
The Internal Audit provides periodic updates on the been submitted to OJK on August 30, 2022. The next
implementation of the audit plan, audit results, and work independent assessment will be conducted in 2025 with
unit follow-up on its findings to the Board of Directors the review period ending in June 2025.
and the Audit Committee (quarterly). In addition, to
provide an up-to-date overview of audit results during The Internal Audit also conducted a Quality Assurance
a certain period, periodically or at least monthly, the Review (QAR) 2024 with an average QAR result of 98.5.
Internal Audit provides a report to the President Director In addition, based on the audit of Key Control Self-
on potential opportunities for improvement to further assessment (KCSA) for the first semester of 2024 and
strengthen internal control over a business and other Key Risk Indicator (KRI) as of November 2024 on the
supporting functions. processes in Internal Audit, the results are No Exception
Noted.
In terms of the implementation of integrated governance
of the Financial Conglomerate, the Internal Audit
regularly communicates between the Head of Internal INTERNAL AUDIT MEETINGS
Audit of SMBC Indonesia and the Head of Internal
Audit of BTPN Syariah and OTO/SOF, and supervises Meeting with:
BTPN Syariah and OTO/SOF, as well as holding annual Board of Board of Audit
meetings between the Head of Internal Audit of SMBC Directors Commissioners Committee
Indonesia, the Head of Internal Audit of BTPN Syariah Number of 4 7 5
and the Board of Commissioners of BTPN Syariah in Meeting
accordance with the provisions of the Financial Services
Authority (OJK).
TRAINING AND COMPETENCY
To maintain and ensure the quality of the DEVELOPMENT
implementation of the Internal Audit function, as
well as referring to OJK Regulation (POJK) No. 1/
POJK.03/2019 regarding the Implementation of the During 2024, all Internal Audit staff completed the
Internal Audit Function at Commercial Banks, at least Mandatory Training determined by the Bank. This
once every 3 (three) years the Internal Audit, based Mandatory Training was conducted through eLearning
on the recommendation of the Audit Committee, and classroom training. In addition, to improve the
appoints an independent quality controller to review competence of all Internal Audit staff, they carried out
the Internal Audit performance. In accordance with internal training and knowledge sharing on a regular
the established cycle, in 2022, the Internal Audit basis. Details of competency development participated
appointed RSM Indonesia as an independent party by the Internal Audit throughout 2024 are as follows:
to review the performance of the Internal Audit. The
Number of
Training Period Type of Training Organizer
Participant
14 January 23, 2024 Auditing Anti-Money Laundering and Counter-Terrorism Financing Wealth Management &
(AML-CFT), Treasury Business, and Audit Management and Corporate Functions Audit
Documentation Process Division
2 March 26, 2024 Auditor Negotiation Skills Ikatan Auditor Intern Bank
(IAIB)
61 April 1, 2024 Internal Sharing End User Training New Audit Management System Centria
(AMS)
3 April 24, 2024 Basel III Ikatan Auditor Intern Bank
(IAIB)
378 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Number of
Training Period Type of Training Organizer
Participant
1 July 10, 2024 Konferensi Auditor Internal Yayasan Pendidikan Internal
Audit (YPIA)
14 June 12, 2024 Anti Pencucian Uang, Pencegahan Pendanaan Terorisme, dan Ikatan Auditor Intern Bank
Pencegahan Pendanaan Proliferasi Senjata Pemusnah Massal (APU (IAIB)
PPT PPPSPM)
61 July 31 2024 Fundamental IT Audit for Non-IT IT, Digital Banking & Analytics
Audit
3 August 28, 2024 The Asian Confederation of Institutes of Internal Auditors (ACIIA) The Institute of Internal
Regional Conference Auditors (IIA)
62 August 21, 2024 Internal Sharing The New Reporting Process by using Teammate Wealth Management &
Application Corporate Functions Audit
61 November 14, 2024 IA Plan, New Methodology, and Strategic Plan IA Head of Internal Audit,
Methodoly, QA & Development
Audit
1 November 19, 2024 Pelatihan Pejabat Pelindungan Data Pribadi Bersertifikat Asosiasi Profesional Privasi
Data Indonesia (APPDI)
2 November 20, 2024 IT Governance Risk Management, Assurance & Cybersecurity Information Systems Audit and
(GRACS) Control Association (ISACA)
64 Oktober 30, 2024 Internal Sharing Advisory Audit Service on Sistem Laporan Informasi Wealth Management &
Keuangan (SLIK) Enhancement Project and Network and Distribution Corporate Functions Audit
2 Oktober 17, 2024 Executive Leadership Program Global Institute for Tomorrow
(GIFT)
2025 STRATEGIC PLAN The Internal Audit will also begin to create an Internal
Audit Competency Model to serve as a reference in the
SMBC Indonesia’s Internal Audit will redefine its role development of knowledge and skills, as well as career
as the third line of internal control defense through advancement as an internal auditor.
the transformation of Internal Audit’s traditional role,
as a compliance-focused function into a strategic Collaboration for knowledge sharing with SMBC Internal
partner that provides significant added value to the Audit Department Asia Pacific (IAD AP) will continue
organization. This transformation requires changes in through joint audit or short-term attachment.
the mindset, methodology, and capabilities of auditor
personnel, enabling the Internal Audit function to Process
proactively contribute to the Bank’s strategic goals and In preparation for the 2025 Audit Plan, the Internal
objectives. Audit also revised its methodology by emphasizing the
process to ensure the coverage of the Audit Universe in
Personnel the Bank’s key areas and risk assessment that follows
Internal Audit personnel will continue to improve their the risk movement of the Audit Universe to determine
competence and self-development on an ongoing basis the audit priorities. This process is key to determining
through continuous internal sharing sessions, training in the number of Internal Audit personnel.
soft skills, leadership, and current emerging topics, such
as Personal Data Protection. In addition, Internal Audit The year 2025 is the first year for the Internal Audit
personnel are also strongly encouraged to have Internal function to implement the Global Internal Audit
Audit professional certification, which is recognized Standards (GIAS) of The Institute of Internal Auditors
nationally and internationally. (IIA). A different analysis of the new standards has been
conducted and will be followed up in 2024. It is also
By 2025, to fulfill the number of personnel needs, the to prepare for the Quality Assurance Review (QAR)
Internal Audit Team will also involve Management conducted by an independent external reviewer in
Trainees, who will then become Internal Audit staff in 2025. In addition, the Internal Audit will also develop the
2026. It is also conducted to prepare young leadership Quality Assurance Methodology through On Desk and
within Internal Audit. Quality Review approaches.
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Good Corporate Governance
Internal Audit
The Internal Audit also started to formally offer Risk Culture in Organization
advisory services in accordance with the definition The Internal Audit will also support the growth of a
of the Internal Audit function according to OJK and strong risk culture in the Bank. In 2025, Internal Audit
International Internal Audit Standards. Through this will implement the Management Self-Identified Issue
service, the Internal Audit will provide advice by (MSII) assessment methodology in audit results.
providing recommendations for process improvement, Through this methodology, Management will gain
risk control, and governance without taking over the recognition to proactively identify control weaknesses in
responsibility of Management. Through this service, their area and take appropriate corrective actions.
Internal Audit will also strengthen its role as a business
partner involved in early process control improvement. The implementation of MSII in 2025 is a journey for the
implementation of Management Control Awareness
Overall, the Internal Audit will also review end-to-end (MCA) in line with the methodology implemented by the
process audits to find potential simplifications and Internal Audit Division Asia Pacific (IAD AP).
overlapping processes or scopes for improvement.
Conglomerate
Technology As the main entity in the conglomerate, the Internal
The Internal Audit will continue to maximize the use of Audit will perform its role by sharing best practice
the TeamMate+ application as an Audit Management methodology on Internal Audit, coordinating
System by not only ensuring that the documentation supervision, and reporting audit results to shareholders
of audit results has been carried out properly but also and regulators. In addition, Internal Audit will also
as proof that the audit process has been carried out in prepare its personnel to anticipate the increasing scope
accordance with the Global Internal Audit Standards of responsibilities, audit assignment obligations, or new
(GIAS). activities in accordance with OJK regulation No. 30 of
2024 concerning Financial Conglomerates and Financial
Additionally, the use of data analytics will also continue Conglomerate Parent Companies.
to be improved through a more complete and sharper
“Internal Audit Dashboard”. The Internal Audit will also
change the Continuous Auditing approach, which is
currently conducted thematically, into a continuous
process, and work closely with the first line of internal
control.
380 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Internal Control
System (SPI)
SMBC Indonesia implements the internal control Operations
system as a form of continuous supervision by the The Board of Directors and the Board of Commissioners
Bank’s management. The system is intended to ensure are obligated to improve the effectiveness of risk
that all of the Bank’s business activities are carried culture and discipline within the Bank’s organization
out in accordance with the provisions of the laws and and ensure that such matter is embedded in all levels.
regulations issued by the government, the Financial Thus, this encourages the creation of sound and safe
Services Authority, or the Bank’s internal policies and implementation of operational activities.
procedures.
The internal control system also plays a role in providing COMPLIANCE WITH THE LAW
complete, accurate, effective, and timely financial and The internal control system implemented by the Bank
management information. This is carried out in the refers to the Financial Services Authority (SEOJK)
context of the following: Circular Letter No. 35/SEOJK.03/2017 on the Standard
1. To support accurate and accountable Guidelines for Internal Control System in Commercial
decisionmaking; Banks. Aside from serving as guidelines in financial and
2. To increase the effectiveness and efficiency of operational control, implementing the Bank’s internal
the use of assets and other resources in other to control also aims to maintain compliance with laws and
protect the Bank from risk of loss; regulations.
3. To increase the effectiveness of the risk culture
and discipline throughout the Bank’s organization
in general to identify weaknesses and assess COMPLIANCE WITH COSO
deviations as early as possible; and
4. To reassess the fairness of policies and procedures The Bank’s internal control consists of 5 (five) main
that exist in the Bank on continuous basis. components which they are inter-related, namely as
follows:
The implementation of a reliable and effective internal 1. Management Oversight and Control
control system is the responsibility of all parties involved Culture
within the Bank’s organization, including the following: Supervision by the management is the main
1. The Board of Commissioners foundation of the internal control system. The
2. The Audit Committee Board of Directors and the Board of Commissioners
3. The Board of Directors are actively responsible for ensuring that the
4. Compliance Work Unit established strategies, policies, and procedures, as
5. Risk Management Work Unit well as the organizational structure, are adequate in
6. Financial Work Unit identifying, measuring, monitoring, and controlling
7. Internal Audit Work Unit the risks faced by the Bank. In addition, the Board
8. The Bank’s Officers and Employees of Directors and the Board of Commissioners also
9. External Parties periodically monitor and review the adequacy
and effectiveness of the internal control system
implementation.
IMPLEMENTATION OF INTERNAL
CONTROL The Board of Directors and the Board of
Commissioners are responsible for improving
Finance work ethics and integrity, as well as creating an
Providing the Bank’s reliable financial reports is guided organizational culture emphasizing the importance
by an effective internal control system. The adequacy of of the internal control applied at the Bank.
accounting policies, procedures, and standards that can
reflect current actual conditions, including distribution
of duties, recording, and administration of transactions,
are control factors that can support the realization of
reliable and trustworthy financial reports.
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Good Corporate Governance
Internal Control System (SPI)
2. Risk Recognition and Assessment 4. Accountancy, Information, and
Risk identification and assessment is a series of Communication
actions carried out by the Board of Directors to Adequate accounting, information, and
identify, analyze, and assess the risks faced by the communication systems aim at identifying
Bank in achieving its set targets. Risks that affect problems that may arise and are used as means of
the achievement of the targets must be identified, exchanging information in carrying out duties, in
assessed, monitored, and managed continuously accordance with their respective responsibilities.
and sustainably. Internal control needs to be
reviewed immediately if there are risks that have not 5. Monitoring Activities and Correcting
been controlled. Defficiencies
The Bank must carry out continuous monitoring
The review is conducted, among others, through on the overall effectiveness of internal control
continuous evaluation of the effects of any changes implementation. Monitoring of the main risks must
in the environment and conditions as well as the be prioritized and become a part of the Bank’s
impact of achieving targets or the effectiveness activities, including periodic evaluation. The Bank
of internal control in the Bank’s activities and must monitor and continuously evaluate the
organization. adequacy of the internal control system in relation
to changes in internal and external conditions, as
3. Control Activities and Segregation of well as increase the capacity of the internal control
Duties system so that it is always implemented effectively.
Control activities must involve the Bank’s
employees, including the Board of Directors and Weakness or flaws in internal control must be
Board of Commissioners. Control activities will be immediately reported and brought to the attention
effective if planned and implemented accurately of the authorized officer in charge and/or the Board
to control identified risks. Control activities include of Directors. Material weaknesses in internal control
establishing control policies and procedures and must be reported to the Board of Commissioners.
an early verification process to ensure consistent
compliance with policies and procedures. They are The five main components above are in line with
inseparable from every function or activity of the the control components set out in the Internal
Bank. Control activities are applied at all functional Control Integrated Framework developed by The
levels in accordance with the Bank’s organizational Committee of Sponsoring Organizations of The
structure. Treadway Commission (COSO), namely the Control
Environment (CE); Risk Assessment (RA); Control
The separation of functions is intended so that Activities (CA); Information and Communication (IC);
everyone at all levels of the organization does and Monitoring Activities (MA).
not have the chance to commit and/or hide faults
or irregularities in implementing their duties and
responsibilities. The Bank must comply with the
principle of separation of function, known as
the “Four-Eyes Principle.” An effective internal
control system requires the separation of
functions. It avoids the provision of authorities and
responsibilities that can lead to various conflicts of
interest. All aspects that have the potential to cause
a conflict of interest must be identified, managed,
and monitored by an independent party, such as a
public accountant.
382 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
REVIEW ON THE IMPLEMENTATION OF STATEMENT OF THE BOARD OF
THE INTERNAL CONTROL SYSTEM DIRECTORS AND/OR THE BOARD OF
COMMISSIONERS ON THE ADEQUACY
The Bank has a periodic review mechanism for the THE INTERNAL CONTROL SYSTEM
implementation of the internal control system. It is
conducted by the Internal Audit, which prepares the The internal control system is conducted by the Board
analysis and assessment of finance, accounting, of Directors, executive officers and committees, internal
operations, and other activities through a direct and audit, and all employees. The Board of Commissioners
indirect audit. Internal Audit proactively works with the and the Board of Directors are committed to ensuring
External Auditor to generate a comprehensive analysis the implementation of Good Corporate Governance as
and assessment in finance and accounting. In general, the basis for achieving the objective of protecting and
the implementation of the Bank’s internal control system increasing the value of the Bank.
refers to the Financial Services Authority Circular
Letter No.35/SEOJK.03/2017 on the Implementation The Board of Directors is responsible for implementing
Guidelines of Internal Control for Commercial Banks. effective internal control so that the Bank can achieve
its objectives. The Board of Commissioners, assisted by
Adhering to these guidelines, the Bank enhances the Audit Committee, is responsible for supervising and
the assessment of the audit results, which cover the ensuring that internal control is carried out extensively,
evaluation of the adequacy and effectiveness of the including internal control-related policies established by
design and implementation of internal control based on the Board of Directors.
the internal control framework approach.
The internal control system is designed to effectively
manage and control risks, not to eliminate risks. The
following are the main elements that can support the
statement on the adequacy of the internal control
system:
1. Reliable and accurate financial statements;
2. Operational activities carried out effectively and
efficiently;
3. Compliance with prevailing laws and regulations.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 383
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Good Corporate Governance
Important Cases Faced by
Subsidiaries, Members of The Board
of Commissioners, and Members of
The Board of Directors
COMPANY SUBSIDIARY
During 2024, there were no significant cases faced During 2024, there were no significant cases faced by
by SMBC Indonesia that could affect its financial SMBC Indonesia that could affect SMBC Indonesia’s
statements and liquidity. financial statements and liquidity.
Legal Issues Faced by Members of the Bank’s Legal Issues Faced by Members of the Bank’s
Board of Commissioners and Board of Directors Board of Commissioners and Board of Directors
Who Are Currently Serving in 2024 Who Are Currently Serving in 2024
All incumbent members of the Bank’s Board of All incumbent members of the Bank’s Board of
Commissioners and Board of Directors have not been Commissioners and Board of Directors have not been
involved in any civil and/or criminal cases and/or involved in any civil and/or criminal cases and/or
disputes. disputes.
IMPACT OF LEGAL ISSUES FOR BANKS
AND SUBSIDIARIES
All legal issues faced in 2024 do not materially affect the
status, position, and continuity of business activities of
SMBC Indonesia and its Subsidiaries.
384 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Administrative
Sanctions
Details of sanctions are outlined in the table below:
No. Sanction Recipient Authority Sanctions/Fines
1 Company 1. Financial Services Authority Rp149,950,000
2. BI Rp6,000,000
3. Ministry of Finance Rp5,000,000
2 Board of Directors - -
3 Board of Commissioners - -
Access To Corporate
Information and Data
SMBC Indoensia provides access and convenience to access information regarding the Bank to the stakeholders
through various communication media. Among others are as follows:
Information Channel Address
Website (Bahasa Indonesia and English) www.smbci.com
Call Center 1500365 (SMBC Indonesia Care)
+622180605299 / +622124505599 (International Call)
E-mail of Corporate Secretary corporate.secretary@smbci.com
E-mail of Corporate Communication corporate.communications@smbci.com
E-mail of Customer Complaint smbcicare@smbci.com
Disclosure of Information through the Bank’s and Indonesia Stock www.smbci.com dan www.idx.co.id
Exchange’s website
Pers Release www.smbci.com dan distribusi melalui media
Social Media Facebook : SMBCI
Twitter : @smbc_indonesia
Youtube : @smbc.indonesia
LinkedIn : PT Bank SMBC Indonesia Tbk
Instagram : @smbc.indonesia
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 385
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Good Corporate Governance
Code
of Ethics
The code of ethics functions as guidelines for members 1.2 Relationship with Vendors or Business
of the Board of Commissioners, the Board of Directors, Partner
Independent Parties, and all employees in expressing 1.3 Relationship with Regulators
their attitudes and behavior. The Bank always reviews 1.4 Relationship with Shareholders and
the code of ethics gradually so that it adjusts to Subsidiaries
development in the laws and regulations, best practices 1.5 Relationship with Social and Environmental
in the industry, and relevant external conditions. Communities
1.6 Anti- Money Laundering
The moral principles underlined in the code of ethics are 1.7 Bribery and corruption
the main elements of the culture in SMBC Indonesia, 1.8 Granting and Receipt of Entertainment and
which among others, contain the following: Gift
1.9 Insider Information and Investment
Transactions and Private Ownership
SPEAK YOUR MIND 1.10 Customer Protection
It is a reporting channel that is safe and guaranteed
confidentiality so that employees can disclose issues/ ENFORCEMENT OF THE CODE OF
problems related to improper behavior (misconduct) ETHICS
and/or fraud incident.
In line with efforts to implement good corporate
governance and, at the same time, to generate behavior
COMMUNICATION LINK & HELP that conforms to the Bank’s ethical standards, SMBC
Indonesia has implemented an Induction Program for
In communicating, all SMBC Indonesia employees are executives and new employees on the code of ethics.
expected to use the LInK and HELP principles. LInK Moreover, periodically, socialization of the code of ethics
stands for Report, Inform and Consult, while HELP is carried out to provide understanding for employees
stands for Respect, Evaluate, Do and Guide. Both have as well as provide strict sanction for any violation of the
the purpose and benefit of promoting transparency, Code of Ethics.
timely updates, absence of surprise events that cannot
be handled together, upholding mutual trust and Statement of the Code of Ethics
enhancing reliability, benefiting from past wisdom and is Applicable to All Levels of the
experience. Organization
Members of the Board of Directors, members of the
Board of Commissioners, Independent Parties under the
PRINCIPLES OF THE CODE OF ETHICS Board of Commissioners, and all employees, without
exception, are obliged to read, study, and understand
1. Compliance & Risk Management the content of the code of conduct. All internal
2. Conflict of Interests organizations within the Bank must be willing to adhere
3. Creating Conducive Working Environment to and implement the code of conduct as best possible.
3.1 Fair Treatment of All Employees
3.2 Anti-Discrimination and Harrassment Suppose one is proven to have violated the code of
3.3 Safety at Workplace conduct. In that case, the concerned must be willing
3.4 Use of Company Facilities to be subjected to sanctions in accordance with the
3.5 Activities Outside of the Company regulations applicable to the Bank.
3.6 Use of social media
3.7 LInK and HELP Communication Socialization and Dissemination of the
3.8 KYE Implementation Code of Ethics
4. Information Management & Security Socialization of the code of ethics is conducted through
5. Relationship with Customers and Stakeholders e-mail blasts and means of refreshment through the
1.1 Relationship with Customers, Prospective e-learning system. This activity applies to all levels of
Customers and Users of Financial Services the Bank’s organization, both newly joined and current
employees.
386 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
TYPE OF SANCTION FOR VIOLATIONS OF THE CODE OF ETHICS
Several types of violations regulated in the Collective Labor Agreement are Negligence Indiscipline Violations, Failure
of Competence Violations, Repeated Failure of Competence Violations, Minor Violations, Repeated Violations, General
Major Violations, Major Violations of the Fraud Category.
Number of Violations of the Code of Ethics
Type of Violation Number of Violation Sanction Category
General Major Violation/Fraud 5 Warning Letter 1
1 Warning Letter 2
24 First and Last Warning Letter (SPPT)
Negligence 37 Warning Letter 1
6 Warning Letter 2
19 First and Last Warning Letter (SPPT)
12 Reprimand Letter
Indiscipline Violation 44 Warning Letter 1
1 Warning Letter 2
1 Reprimand Letter
Minor Violation 5 Warning Letter 1
145 Reprimand Letter
Repeated Violation 27 Warning Letter 1
21 Warning Letter 2
10 Warning Letter 3
Price Sensitive Information
Personal Account Dealing
SMBC Indonesia has policies and procedures related to the management of information that has a material impact on
the price or value of a security that is not generally available (confidential/non-public), which applies to the Board of
Commissioners, Board of Directors, and employees.
This treatment covers not only the Bank’s marketable securities but also securities of the parent company or
controlling shareholder, as well as other companies whether they are customers, business partners, or other
companies in a corporate action.
Actions to be taken by the Board of Commissioners, the Board of Directors, and employees with an object-based
approach to securities are as follows:
Type of Securities Approach Taken
Object of Securities containing non-public Actions taken with respect to Private Investment/Property (PAD)
information (PSI)
• SMFG Prohibited from buying and selling SMFG and SMBC securities, except under the Company
• SMBC order
• SMBC Indonesia Taking into account the categories of Covered Parties who have access to non-public
• BTPN Syariah information (Covered Person) and within a certain period (Black Out Period)
Other Companies Carrying out the PSI procedure includes reporting the name of the company as well as
employees who have access, hence being bound by the PSI for a certain period until the PSI is
revoked. Companies involved in a project should have the parties involved sign an NDA.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 387
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Good Corporate Governance
Governance In Procurement
of Goods and Services
Procurement of goods and/or services in the Bank PROCUREMENT MECHANISM
is an activity to obtain goods and/or services. The
process starts from planning the needs to completing all Procurement of corporate goods and/or services
activities to obtain the goods and/or services. is centralized at the Head Office. Meanwhile, the
procurement of general goods and/or services with a
certain limit may be conducted by the Branch Office or
PROCUREMENT PRINCIPLE Regional Office.
The applied principles in the procurement of goods and
services are characteristic effective, efficient, open,
transparent, competitive, fair, and accountable.
Reporting
of Violations System
SMBC Indonesia is committed to always maintaining The WBS reporting mechanism generally includes:
the integrity and trust provided by customers. For 1. Reporting by the Whistleblower (submission of
this purpose, the Bank retains the means and system reports/information must be within 1x24 hours
for submitting reports if violations occur, namely the since the discovery of the alleged/act of fraud);
Whistleblowing System (WBS). SMBC Indonesia’s 2. Follow-Up on the Report (Identification, analysis,
Whistleblowing System is a reporting media to convey investigation);
allegations or incidents related to fraudulent acts (fraud), 3. Documentation (Reports on fraud indication, Report
violations of the law, company regulations, and code of on Investigation Results); and
ethics, as well as conflicts of interest committed by the 4. Maintaining confidentiality (all parties are
Bank’s internal parties. Reports are made in good faith responsible for maintaining the confidentiality of the
and are not of personal grievances or slander to create identity of the whistleblowers).
a clean and transparent business environment.
PROTECTION FOR THE
REPORTING MECHANISM WHISTLEBLOWER
The Bank has WBS channels that can be accessed Under certain conditions, the Bank may provide legal
by internal and external parties to submit reports as protection to the whistleblower as a form of security
follows: and safety against all forms of pressure, threats, or
• Internal parties: Face to face meeting, telephone, intimidation (such as dismissal, unfair treatment, and
letter, e-mail and WhatsApp messaging application. others) in relation to the report submitted through the
• External parties: Letter, e-mail and WhatsApp WBS channel. Legal protection can be provided to the
messaging application. nuclear family of the whistleblower (husband/wife and
children) with certain considerations by the Bank.
388 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
COMPLAINT MANAGER
The Operational Risk & Anti-Fraud Management (OFRM) Division is the responsible unit in charge of managing
complaints from whistleblowers including in following up with related work units as well as conducting monitoring of
the follow-ups.
TYPE OF SANCTIONS FOR VIOLATORS
Violation of confidentiality and protection will be subject to sanctions that are in accordance with applicable
regulations.
Handling of Complaints and Follow-Up in 2024
Status
Number of Complaint Not Yet Processed with Not Required
Followed-up In Follow-up Process
Follow-up to be Followed
24 21 3 0 0
Policy on Anti-Corruption
and Bribery
SMBC Indonesia has zero tolerance for corruption and 5. Implementation of due diligence on Business
all forms of bribery (including to or from customers, Partners
business partners, government officials, employees). 6. Fraud prevention in the vulnerability identification/
Violations of such matters may be processed civilly or Fraud Risk Assessment process by the Operational
criminally in accordance with applicable provisions. & Fraud Risk Management Division by coordinating
with other work units.
PROGRAMS AND PROCEDURES TO As the next step on the issuance of the Anti-Bribery
MANAGE/SOLVE PRACTICES OF and Corruption Policy, in addition to every Company
CORRUPTION AND-BRIBERY employee must comply with and implement the Policy;
each related work unit that has a Policy or Procedure
The Bank has an Anti-Bribery and Corruption Policy that regulates activities in working relationships or
that includes the Bank’s commitment to anti-corruption business activities with third parties has been asked
and anti-bribery actions. Furthermore, each work unit to align with the aforementioned Anti-Bribery and
can establish specific provisions in its procedures to Corruption Policy. To fulfill the alignment, the relevant
prevent Corruption and Bribery actions according to its work unit submitted an action plan, including the target
respective fields of work, including: time for alignment of the Policy or Procedure of each
1. Management of giving and receiving Entertainment work unit, and its fulfillment will be monitored by the
and or Gifts Compliance Division.
2. Determination of agreement clauses with third
parties/service providers The Bank requested a statement and commitment from
3. Procurement process of goods and services by all employees not to commit corruption and bribery
vendors and not to violate the Company’s internal regulations
4. Employee recruitment process/Know Your and applicable laws and regulations related to anti-
Employee corruption and anti-bribery as stated in the Anti-Fraud
Declaration & Integrity Pact and Code of Ethics, and
Compliance Declaration every year.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 389
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Good Corporate Governance
Policy on Anti-Corruption and Bribery
Regarding the prevention of anti-bribery/gratuities, the TRAINING/SOCILAIZATION ON
Bank has an Entertainment & Gift (E&G) application ANTICORRUPTION AND ANTI-BRIBERY
system that can be used as a monitoring and FOR ALL EMPLOYEES
supervision tool related to the activities of giving and
receiving entertainment or gifts. The relevant work units, The Bank conducted e-learning, directly or indirectly,
in coordination with the Compliance Division, conduct which contains materials on how to implement an anti-
periodic checks on the activities in the E&G application corruption and anti-bribery culture to all employees,
system. including:
1. e-Learning Compliance Awareness dan
The Bank also provided a Whistleblowing channel Entertainment & Gift (E&G)
managed by the Operational Fraud & Risk Management 2. e-Learning Fraud Awareness
Division to receive reports of Fraud indications, 3. e-Learning Operational Risk Management
including Corruption and Bribery, and review them as
follow-up steps for settlement if the indications of Fraud The Bank also carried out anti-corruption and anti-
include Fraud cases. bribery publications/campaigns related to fraud and
the giving and/or receiving of entertainment/gifts. It
was conducted through electronic media (e-mail) to all
employees as outlined in Patuh Yuk, SMBC Indonesia
Info.
The Bank also implemented communication to increase
understanding of anti-bribery and corruption to the
Bank’s external parties by delivering anti-bribery and
corruption reminder letters signed by members of the
Board of Directors to Suppliers and Business Partners
who have been registered with the relevant Division in
the Bank which also contains information regarding the
Bank’s Whistleblowing channel.
390 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
Transparency in
Bad Governance Practices
Disclosure Explanation
Timeliness in publication of financial statements and Annual Report
Date of publication of the Annual Financial Statements February 27, 2025
The Company publishes its Annual Financial Report on time as
stipulated by regulation.
Date of publication of Annual Report February 28, 2024
The Company always publishes its Annual Report on time as
stipulated by regulations.
Opinion of independent auditor on the company financial statements Fair without Modification
Has there been insider trading involving directors/commissioners, No
management, and employees in the lat three year?
The Company, including the Board of Commissioners/the Board
of Commissioners, Management and employees have never been
involved in insider trading case within the last 3 (three) years.
Have there been any significant or matrial cases of non-compliance No
with the laws, rules and regulations relating to related party
transaction in the last three years? The Company always complies with provisions of the laws and
regulations in transactions with related parties.
Has there been violation of any law relating to labor/employment/ No
consumer/insolvency/commercial/ competition or environmental
matters The Company has never committed any violation of the law relating
to labor/employment/consumer/insolvency/commercial/competition
or environmental matters
Is the Company facing sanctions from regulator for not making an No
announcement within the specified time period for a material event?
The Company always discloses material information to regulators.
Has the company obtained a conviction from the highest tax court No
regarding any tax matters during the last three years?
The Company has never experience any tax dispute or problem in
the last 3 (three) years.
Is there any evidence that the company did not comply with The Company complied with all regulations, including those beyond
any listing rules and regulations during the past year other than the regulation of Annual Report disclosure.
disclosure rules?
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 391
Page 394
Good Corporate Governance 392 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 395
Good Corporate Governance
08
Social and
Environmental
Responsibility
PT Bank SMBC Indonesia Tbk provides information
on its social and environmental responsibility
through a dedicated Sustainability Report,
published as a separate document. This report
complies with the Financial Services Authority (OJK)
Circular Letter No. 16/SEOJK.04/2021 on the Format
and Content of Annual Reports for Issuers or Public
Companies and aligns with OJK Regulation No. 51/
POJK.03/2017 on the Implementation of Sustainable
Finance for Financial Services Institutions, Issuers,
and Public Companies.
Please refer to the SMBC Indonesia Sustainability
Report 2024 for more complete information. What
is presented on this page is only the “Sustainability
Overview”.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 393
Page 396
Social and Environmental Responsibility
Highlights
of Sustainability
ECONOMY
Net Operating Income* Net Profit* Assets**
(in Trillion Rupiah) (in Trillion Rupiah) (in Trillion Rupiah)
4.66 3.46 4.10 3.63 2.68 3.22 209.17 201.45 241.10
2022 2023 2024 2022 2023 2024 2022 2023 2024
Customers* Branch Network Access
(in Million) (Branches) (Provinces)
8.8 9.5 9.9 278 266 252 32 32 32
2022 2023 2024 2022 2023 2024 2022 2023 2024
ECONOMIC PERFORMANCE RELATED TO SUSTAINABILITY
Nominal Portfolio
of KKUB** Funding*** Financing****
(in Billion Rupiah) (%) (%)
12,968 13,775 18,126 2.05 6.49 6.67 9.6 9.5 12.42
2022 2023 2024 2022 2023 2024 2022 2023 2024
Note:
* Consolidated financial data of SMBC Indonesia, which includes three other subsidiary entities, namely PT Bank BTPN Syariah
Tbk, PT Oto Multiartha (OTO), and PT Summit Oto Finance (SOF).
** KKUB/Sustainable Business Activity Category.
*** Percentage of total collection for sustainable business activities to total bank funding as a whole. Recalculation was
conducted for 2022 & 2023.
**** Percentage of total financing for sustainable business activities to total bank financing portfolio as a whole.
394 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 397
Social and Environmental Responsibility
SOCIAL
Number Percentage of Employee Turnover
of Employees Female Employees Recruitment Rate
(Employees) (%) (Employees) (%)
6,972 6,636 6,491 43 44 45 948 609 514 14 12,4 8,5
2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024
ENVIRONMENT
Energy Energy Emissions Emissions
Usage Intensity (Scope 1 & 2) Intensity
(GJ) (GJ/Orang) (Ton CO2eq) (Ton CO2eq/Employee)
103,623.52 94,863.48 19,248.79 16,595.58
68,144.81 14.86 10.27 14.61 18,944.79 2.76 2.85 2.32
2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024
Emissions Paper Reduction in
Reduction Usage Paper Usage
(Ton CO2eq) (Reams) (Reams)
888.18 304.00 3,894.33 50,848 49,204 59,361 948 609 514
2022 2023 2024 2022 2023 2024 2022 2023 2024
Note:
* Paper usage in 2024 increased by 10,157 reams, or 20%, due to directives requiring enhanced physical oversight of critical
documents. Despite SMBC Indonesia’s ongoing efforts to reduce paper consumption, this necessity resulted in a 20%
increase compared to the previous year.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 395
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Good Corporate Governance
Risk Management
Implementation Report
for Operational Risk
Bank Name : PT Bank SMBC Indonesia Tbk (Individual)
Reporting Year : 2024 /(Audited)
1 Explanation of regulations, policies and/or • Incident Management Plan (IMP) procedure
guidelines related to risk management for • Initiative Management procedure
Operational Risk. • 2nd LoD Roles and responsibilities procedure
PT Bank SMBC Indonesia Tbk (SMBC Indonesia) • Anti Fraud Strategy procedure
hereinafter referred to as “Bank” has policies and • Investigation procedure
procedures for operational risk management. These • Whistleblowing procedure
policies and procedures are reviewed periodically • Fraud Reporting and Monitoring Procedure
with consider any changes in Bank’s internal and
external factors, especially related to regulatory 2 Explanation of the structure and organization
requirement. All work units in Bank must be guided of management and control function related
by these policies and procedures in carrying out to Operational Risk.
their daily operational activities. Bank using 3 lines of defense model to divide
the role and responsibilities of each party within
Policies and procedures related for Operational the Bank’s organization for the implementation of
Risk Management are: Operational Risk Management.
• Operational Risk Management Policy
• Business Continuity Management Policy In the first line of defense, all business and support
• Insurance Management Policy functions work unit as risk owners who are directly
• Cyber Risk Management Policy responsible for the implementation of operational
• Anti Fraud Strategy Policy risk management. In its implementation, the work
• Key Control Self-Assessment (KCSA) unit is supported by Business Risk. Besides
procedure supported by Business Risk, at the operational
• Key Risk Indicator (KRI) procedure level Bank has ICR (Internal Control & Risk) function
• Event Registration and Booking of Operational that responsible to support related work unit in
Risk (RLED) procedure managing their daily operational risk.
• Significant Incident Notification Protocol (SINP)
procedure The role and responsibilities of business and
• Operational & Fraud Risk Assessment (KROF) support functions work unit are:
procedure • Identify and register all operational inherent
• Internal Control and Risk (ICR) implementation risks in each product, service, process, and
procedure initiative.
• Risk Grading Matrix (RGM) and Process Risk • Record risk events and book operational risk
Control (PRC) procedure losses or fraud and recovery.
• Non Financial Risk Appetite (ORA) procedure • Follow-up action for operational or fraud risk
• Risk Acceptance (RA) Procedure events and its completion.
• Information Management and Security • Carry out all operational risk management
procedure and Anti Fraud Strategy program that has
• Risk Control Meeting (RCM) procedure determined by OFRM Division.
• Business Impact Analysis (BIA) and Business
Continuity Plan (BCP) procedure
396 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
The role and responsibilities of the ICR (Internal The Board of Commissioners and Directors
Control & Risk) function are: supervise the implementation of Operational
• Act as coordinator in the implementation and Risk Management through the Risk Monitoring
completion of operational risk management Committee and Risk Management Committee
implementation programs in their respective which are conducted regularly.
areas.
• Assist work units in providing operational risk The roles and responsibilities of the Board of
and fraud review. Commissioners are:
• Assist work units in issue resolution or • Evaluate and approve policies and strategic
operational risk events and fraud. plans for the implementation of operational risk
• Conduct inspections and report each finding to management and Anti Fraud Strategy.
the relevant parties. • Monitor Operational Risk Appetite.
• Monitor follow-up action and resolution of each • Provide direction on the implementation of
identified finding. operational risk management and Anti Fraud
Strategy.
In the second line of defense, is Operational &
Fraud Risk Management (OFRM) Division which The roles and responsibilities of Directors are:
has direct reporting line to the Head of Risk • Ensure the adequacy of the organizational
Management, responsible for operational and fraud structure and human resource for the
risk management. implementation of operational risk
management in their respective areas.
The roles and responsibilities of the OFRM Division • Ensure the implementation of operational risk
are: management and Anti Fraud Strategy program
• Create and develop operational risk has been carried out.
management and Anti Fraud Strategy policies, • Monitor and ensure follow-up resolution of
procedures and tools. any operational issues or risk event and fraud
• Create operational risk management and Anti event.
Fraud Strategy implementation programs. • Develop awareness culture of operational risk
• Provide socialization and training on and Anti Fraud Strategy.
operational risk management and Anti Fraud
Strategy to work units. 3 Explanation of the measurement system
• Support work units in providing operational for Operational Risk (covering system and
and fraud risk review. data used to calculate Operational Risk to
• Create operational and fraud risk report to estimate the capital charge for Operational
management and regulator. Risk).
• Monitoring the implementation of operational Bank calculates capital charges for operational risk
risk management and Anti Fraud Strategy in using standardized approach starting year 2023
Bank. in accordance with regulatory requirement. Bank
• Create and develop ICRS (Internal Risk & has RWA (Risk Weighted Asset) system to support
Control system) as application used to manage in calculating capital charges for operational risk.
operational risk in Bank. Based on existing data sources, the RWA system
will automatically calculate the capital charges
In the third line of defense, is Internal Audit to for operational risk based on formula determined
conduct inspection and evaluation of governance by the regulator based on business indicator
and implementation of operational risk components and historical operational risk loss
management. Examination is carried out on the first data. The calculation result from the system can
line of defense and the second line of defense. also be adjusted manually if necessary.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 397
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Good Corporate Governance
Risk Management Implementation Report for Operational Risk
4 Explanation of the scope and main coverage 5 Explanation of risk mitigation and risk
of the reporting framework for Operational transfer used in management for Operational
Risk for executive officers and directors of Risk. This includes mitigation by issuing
the Bank. policies (such as policies for risk culture,
Bank has reports addressed to the BoM (Board risk acceptance, and outsourcing), by
of Management) and the Bank’s Directors in divesting high-risk businesses, and by
monitoring operational risks both at the Bank establishing control functions. The remaining
level and at the respective Directorates. The exposure can be absorbed by the Bank or
data sources in making these reports are mostly for risk transfer. For example, the impact
supported by the ICRS (Internal Control & Risk of operational losses can be mitigated by
System) application owned by Bank which insurance.
functioned as central database and is also used for In term of risk mitigation and risk transfer for
operational risk management in all work units. Operational Risk Management, Bank has several
risk control methods that are carried out at ongoing
At the Bank level, discussions regarding operational basis to ensure that every potential operational risk
risks will be submitted to the Board of Directors arising from business and operational activities is
and BoM through the Risk Management Committee managed appropriately and does not exceed the
and to Board of Commissioners through the Risk acceptable limits.
Monitoring Committee. At the directorate level, Several of risk mitigation and risk transfer method
discussions related to operational risks will be used are:
conveyed to the Board of Directors, BoM and • Identify and measure operational inherent risks
Division Heads through RCM (Risk Control Meeting) in all work units.
meetings which are held quarterly. • Conduct operational risk review on new and
developed products, services, systems and
The discussion regarding operational risks activities before being implemented to ensure
conveyed through the Risk Management adequate controls.
Committee and Risk Monitoring Committee is as • Ensure adequate policies and procedures to
follows (but not limited): carry out every process and activity carried
• Non Financial Risk Appetite (ORA) out in all business work units and supporting
• operational risk and fraud event functions.
• Key Risk Indicators (KRI) • Conduct ongoing evaluations to assess the
• Results of Key Control Self-Assessment effectiveness of control adequacy and record
(KCSA) implementation and correct any deviations that occurs.
• Conduct analysis in terms of risk transfer
to transfer potential operational risks that
may occur to other parties, such as through
insurance protection.
• Ensure the readiness of Business Continuity
Management (BCM) for all critical work units.
398 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 401
Good Corporate Governance
Nama Bank : PT Bank SMBC Indonesia Tbk (Consolidated)
Laporan Tahun : 2024 /(Audited)
1 Explanation of regulations, policies and/or Policies and procedures related to Operational Risk
guidelines related to risk management for Management in BTPNS are:
Operational Risk. • Operational Risk Management Policy
BTPN (hereinafter referred to as “Bank”) and BTPN • Business Continuity Management Policy
Syariah (hereinafter referred to as “BTPNS”) as • Anti Fraud Strategy Policy
subsidiaries have policies and procedures for • Business Continuity Management Procedures
operational risk management. These policies and • Business Impact Analysis Procedure
procedures are reviewed periodically with consider • Business Continuity Plan procedure
any changes in Bank and BTPNS’s internal and • Key Control Self-Assessment (KCSA)
external factors, especially related to to regulatory Procedure
requirement. All work units in Bank and BTPNS • Key Risk Indicator (KRI) procedure
must be guided by these policies and procedures in • Operational Risk Event Management
carrying out their daily operational activities. Procedure
• Quality Assurance (QA) Framework Procedure
Policies and procedures related for Operational • Anti Fraud Strategy Procedure
Risk Management are: • Investigation Procedure
• Operational Risk Management Policy • Whistleblowing Procedure
• Business Continuity Management Policy
• Insurance Management Policy Policies and procedures related to Operational Risk
• Cyber Risk Management Policy Management at OTO SOF include:
• Anti Fraud Strategy Policy • Policy on Guidelines for Implementing Anti-
• Key Control Self-Assessment (KCSA) Fraud Strategy
procedure • Policy on Implementing Anti-Bribery/
• Key Risk Indicator (KRI) procedure Gratification and Corruption
• Event Registration and Booking of Operational • Policy on Declaration of Anti-Bribery/
Risk (RLED) procedure Gratification and Corruption
• Significant Incident Notification Protocol (SINP) • Policy on Investment Committee
procedure • Policy on Guidelines for Implementing Anti-
• Operational & Fraud Risk Assessment (KROF) Money Laundering, Prevention of Terrorism
procedure Funding, and Prevention of Funding for
• Internal Control and Risk (ICR) implementation Proliferation of Weapons of Mass Destruction
procedure • Policy on Business Quality Control Department
• Risk Grading Matrix (RGM) and Process Risk • Policy on Guidelines for Implementing Risk
Control (PRC) procedure Management
• Non Financial Risk Appetite (ORA) procedure • Policy on Guidelines for Implementing Risk
• Risk Acceptance (RA) Procedure Management in the Use of Information
• Information Management and Security Technology
procedure • Policy on Guidelines for Implementing
• Risk Control Meeting (RCM) procedure Whistleblowing System
• Business Impact Analysis (BIA) and Business • Policy on Business Continuity Plan (BCP)
Continuity Plan (BCP) procedure • Policy on IT Disaster Recovery Plan (DRP)
• Incident Management Plan (IMP) procedure • Policy on Security Operation Center (SOC)
• Initiative Management procedure • Policy on Determining Risk Limits in the
• 2nd LoD Roles and responsibilities procedure Framework of Implementing Risk Management
• Anti Fraud Strategy procedure • Policy on Surveillance
• Investigation procedure • Policy on Changes in the Amount and Limit of
• Whistleblowing procedure Risk Appetite and Risk Tolerance on Key Risk
• Fraud Reporting and Monitoring Procedure Indicators (KRI)
• Policy on Guidelines for Recording Incidents
and Accounting for Operational Risks
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 399
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Good Corporate Governance
Risk Management Implementation Report for Operational Risk
2 Explanation of the structure and organization In the second line of defense, is Operational &
of management and control function related Fraud Risk Management (OFRM) Division which
to Operational Risk. has direct reporting line to the Head of Risk
Bank using 3 lines of defense model to divide Management, responsible for operational and fraud
the role and responsibilities of each party within risk management.
the Bank’s organization for the implementation of
Operational Risk Management. The roles and responsibilities of the OFRM Division
are:
In the first line of defense, all business and support • Create and develop operational risk
functions work unit as risk owners who are directly management and Anti Fraud Strategy policies,
responsible for the implementation of operational procedures and tools.
risk management. In its implementation, the work • Create operational risk management and Anti
unit is supported by Business Risk. Besides Fraud Strategy implementation programs.
supported by Business Risk, at the operational • Provide socialization and training on
level Bank has ICR (Internal Control & Risk) function operational risk management and Anti Fraud
that responsible to support related work unit in Strategy to work units.
managing their daily operational risk. • Support work units in providing operational
and fraud risk review.
The role and responsibilities of business and • Create operational and fraud risk report to
support functions work unit are: management and regulator.
• Identify and register all operational inherent • Monitoring the implementation of operational
risks in each product, service, process, and risk management and Anti Fraud Strategy in
initiative. Bank.
• Record risk events and book operational risk • Create and develop ICRS (Internal Risk &
losses or fraud and recovery. Control system) as application used to manage
• Follow-up action for operational or fraud risk operational risk in Bank.
events and its completion.
• Carry out all operational risk management In the third line of defense, is Internal Audit to
and Anti Fraud Strategy program that has conduct inspection and evaluation of governance
determined by OFRM Division. and implementation of operational risk
management. Examination is carried out on the first
The role and responsibilities of the ICR (Internal line of defense and the second line of defense.
Control & Risk) function are:
• Act as coordinator in the implementation and The Board of Commissioners and Directors
completion of operational risk management supervise the implementation of Operational
implementation programs in their respective Risk Management through the Risk Monitoring
areas. Committee and Risk Management Committee
• Assist work units in providing operational risk which are conducted regularly.
and fraud review.
• Assist work units in issue resolution or
operational risk events and fraud.
• Conduct inspections and report each finding to
the relevant parties.
• Monitor follow-up action and resolution of each
identified finding.
400 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
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Good Corporate Governance
The roles and responsibilities of the Board of The first line of defense, is business and operational
Commissioners are: functions (risk-taking function). Implemented
• Evaluate and approve policies and strategic by units/functions which are at the forefront of
plans for the implementation of operational risk implementing Risk Management, with roles and
management and Anti Fraud Strategy. responsibilities includes:
• Monitor Operational Risk Appetite. • Convey the inherent risk exposure (inherent
• Provide direction on the implementation of risk) contained in each business and
operational risk management and Anti Fraud operational unit to the Risk Management
Strategy. function on a regular basis.
• Ensure that there is a conducive risk control
The roles and responsibilities of Directors are: environment in each business and operational
• Ensure the adequacy of the organizational unit.
structure and human resource for the • Implement established Risk Management
implementation of operational risk policies in carrying out business and
management in their respective areas. operational activities.
• Ensure the implementation of operational risk • Carry out recommendations from the Risk
management and Anti Fraud Strategy program Management function in order to control risk in
has been carried out. each business and operational unit.
• Monitor and ensure follow-up resolution of
any operational issues or risk event and fraud The second line of defense, is the Risk
event. Management function. Implemented by the Risk
• Develop awareness culture of operational risk Management function/section in monitoring the
and Anti Fraud Strategy. implementation of the Risk Management strategy,
with roles and responsibilities includes:
Adequacy of structure and organization of • Identifying risks including inherent risks in
management and control functions related to business activities.
Operational Risk at BTPNS is carried out by • Develop risk measurement methods that
separating the roles and responsibilities of work are appropriate to the size and complexity
units by implementing the 3 line of defense model, of the business, including designing and
namely: (First line of defense) units business work implementing the tools needed to implement
and support functions together with the Quality Risk Management.
Assurance (QA) function ensure that activities • Monitoring the implementation of Risk
are carried out in accordance with Bank policies Management strategies that have been
and procedures. (Second line of defense), the approved by the Board of Directors, including
Risk Management Work Unit (SKMR) carries out monitoring Risk Management strategies in
maintenance of the operational risk management business and operational functions.
methodology and ensures that BTPNS activities • Monitoring the overall Risk position
comply with regulatory provisions including (composite), per Risk type, and per type of
compliance with sharia principles. (Third line of functional activity against predetermined Risk
defense), Internal Audit ensures that all remaining tolerances and limits.
risks (residual risks) are managed properly • Conduct regular reviews of the Risk
according to risk appetite & risk tolerance. Management process.
• Prepare and submit Risk profile reports to
The adequacy of the structure and organization the Board of Directors in charge of the Risk
of management and control functions related to Management function and Risk Management
Operational Risk in OTO & SOF uses Three Lines of committee on regular basis, where the
Defense, each unit work independently, namely: frequency of reports can be increased if market
conditions change rapidly.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 401
Page 404
Good Corporate Governance
Risk Management Implementation Report for Operational Risk
The third line of defense is the internal control • The Board of Director must ensure that the
function or internal audit function. Implemented by implementation of authority and responsibility
the Internal Audit Work Unit (SKAI), with roles and transferred to service providers has been
responsibilities includes: carried out properly and responsibly.
• Ensure compliance at all levels of the • The Board of Commissioners ensures that the
Company’s organization with established Risk remuneration policy is in accordance with the
Management policies and procedures. Risk Management strategy.
• Ensure that the effectiveness of the
implementation of Risk Management is in 3 Explanation of the measurement system
accordance with the Risk Management for Operational Risk (covering system and
strategy and policy. data used to calculate Operational Risk to
• Ensure the effectiveness of the Risk culture in estimate the capital charge for Operational
the Company as a whole. Risk).
Bank calculates capital charges for operational risk
The Board of Director and Board of Commissioner using standardized approach starting year 2023
are responsible for the effectiveness of the in accordance with regulatory requirement. Bank
implementation of Risk Management by supervising has RWA (Risk Weighted Asset) system to support
the implementation of Risk Management through in calculating capital charges for operational risk.
the Risk Monitoring Committee and the Risk Based on existing data sources, the RWA system
Management Committee which are carried out will automatically calculate the capital charges
periodically. for operational risk based on formula determined
by the regulator based on business indicator
The roles and responsibilities of the Board of components and historical operational risk loss
Directors & Board of Commissioners include: data. The calculation result from the system can
• The Board of Director and Board of also be adjusted manually if necessary.
Commissioner must ensure that the
implementation of Risk Management for BTPNS as Sharia Bank, in accordance with OJK
Operational Risk is carried out effectively and regulations is still calculating capital charges
is integrated with the implementation of Risk for operational risks using the Basic Indicator
Management for other areas which may have Approach. In the case of the need to calculate
an impact on the overall Risk profile. capital costs on a consolidated basis, the Bank
• The Board of Director and Board of will request business indicator data and historical
Commissioner are responsible for developing operational risk loss data from BTPNS.
an organizational culture that is aware of
Operational Risk and fosters commitment to OTO and SOF as finance companies are not
managing Operational Risk in accordance with yet required by the regulator to calculate capital
business strategy. charges for operational risks.
• The Board of Director creates a culture of
objective disclosure of Operational Risks
to all elements of the organization so that
Operational Risks can be identified quickly and
mitigated appropriately.
• The Board of Director ensures that it
establishes a reward policy including effective
remuneration and punishment that is integrated
into the performance assessment system in
order to support optimal implementation of
Risk Management.
402 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 405
Good Corporate Governance
4 Explanation of the scope and main coverage 5 Explanation of risk mitigation and risk
of the reporting framework for Operational transfer used in management for Operational
Risk for executive officers and directors of Risk. This includes mitigation by issuing
the Bank. policies (such as policies for risk culture,
Bank has reports addressed to the BoM (Board risk acceptance, and outsourcing), by
of Management) and the Bank’s Directors in divesting high-risk businesses, and by
monitoring operational risks both at the Bank establishing control functions. The remaining
level and at the respective Directorates. The exposure can be absorbed by the Bank or
data sources in making these reports are mostly for risk transfer. For example, the impact
supported by the ICRS (Internal Control & Risk of operational losses can be mitigated by
System) application owned by Bank which insurance.
functioned as central database and is also used for In term of risk mitigation and risk transfer for
operational risk management in all work units. Operational Risk Management, Bank has several
risk control methods that are carried out at ongoing
At the Bank level, discussions regarding operational basis to ensure that every potential operational risk
risks will be submitted to the Board of Directors arising from business and operational activities is
and BoM through the Risk Management Committee managed appropriately and does not exceed the
and to Board of Commissioners through the Risk acceptable limits.
Monitoring Committee. At the directorate level,
discussions related to operational risks will be Several of risk mitigation and risk transfer method
conveyed to the Board of Directors, BoM and used are:
Division Heads through RCM (Risk Control Meeting) • Identify and measure operational inherent risks
meetings which are held quarterly. in all work units.
• Conduct operational risk reiew on new and
The discussion regarding operational risks developed products, services, systems and
conveyed through the Risk Management activities before being implemented to ensure
Committee and Risk Monitoring Committee is as adequate controls.
follows (but not limited): • Ensure adequate policies and procedures to
• Non Financial Risk Appetite carry out every process and activity carried
• operational risk and fraud event out in all business work units and supporting
• Key Risk Indicators (KRI) functions.
• Results of Key Control Self-Assessment • Conduct ongoing evaluations to assess the
(KCSA) implementation effectiveness of control adequacy and record
and correct any deviations that occurs.
BTPNS also has reports intended for Directors, • Conduct analysis in terms of risk transfer
BoM and Division Head in monitoring operational to transfer potential operational risks that
risk. The data source used for preparing reports has may occur to other parties, such as through
been supported by the ORMS (Operational Risk insurance protection.
Management System) application as database for • Ensure the readiness of Business Continuity
recording operational risk events. Management (BCM) for all critical work units.
OTO and SOF as finance companies also have
reports to the Board of Directors in monitoring
operational risks.
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 403
Page 406
Good Corporate Governance 404 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Page 407
Good Corporate Governance
08
2024 Financial
Statements
PT BANK SMBC INDONESIA TBK 2024 ANNUAL REPORT 405
Page 408
PT BANK SMBC INDONESIA Tbk (DAHULU/FORMERLY PT BANK BTPN Tbk) DAN ENTITAS ANAK/AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2024/ 31 DECEMBER 2024 DAN/AND TAHUN BERAKHIR 31 DESEMBER 2024/ YEAR ENDED 31 DECEMBER 2024
Page 409
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
HAL/
ISI PAGE CONTENTS
PERNYATAAN DIREKSI DIRECTORS’ STATEMENT
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024: YEAR ENDED 31 DECEMBER 2024:
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ------------------------------------------ 1-4 ---------------------------- FINANCIAL POSITION
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF
KOMPREHENSIF LAIN PROFIT OR LOSS AND OTHER
KONSOLIDASIAN ----------------------------------------- 5-6 ------------------- COMPREHENSIVE INCOME
LAPORAN PERUBAHAN EKUITAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 7-8 ---------------------------- CHANGES IN EQUITY
LAPORAN ARUS KAS CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN ----------------------------------------- 9 - 10 --------------------------------------- CASH FLOWS
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN ---------------------------------------- 11 - 236 ---------------------- FINANCIAL STATEMENTS
INFORMASI KEUANGAN TAMBAHAN ----------------- 237 - 245 ---SUPPLEMENTARY FINANCIAL INFORMATION
LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS’ REPORT
Page 410
Page 411
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2024 2023
ASET ASSETS
Kas 2h, 4 1,379,647) 1,428,683) Cash
Giro pada Bank Indonesia 2h, 2j, 5 9,443,461) 9,276,598) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 509,209) 500,326) Third parties -
- Pihak berelasi 2g, 40 525,792) 462,061) Related parties -
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (37) (158) losses
2h, 2j, 6 1,034,964) 962,229)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 12,694,705) 8,961,654) and other banks
Pendapatan bunga/marjin yang masih akan
diterima 1,033) 2,624) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (582) -) losses
2h, 2k, 7 12,695,156) 8,964,278)
Efek-efek 27,981,308) 17,038,501) Securities
Pendapatan bunga/marjin yang masih akan
diterima 193,642) 225,855) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (593) (799) losses
2h, 2l, 8 28,174,357) 17,263,557)
Efek-efek yang dibeli dengan janji dijual Securities purchased under resale
kembali (reverse repo) 468,188) -) agreements (reverse repo)
Pendapatan bunga yang masih akan diterima 2i 594) -) Accrued interest income
2h, 2m, 9 468,782) -)
Tagihan derivatif Derivative receivables
- Pihak ketiga 1,372,880) 636,924) Third parties -
- Pihak berelasi 2g,40 375,245) 496,225) Related parties -
2h, 2n, 10 1,748,125) 1,133,149)
Tagihan akseptasi 3,334,619) 3,289,757) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (17,078) (8,637) losses
2h, 2o, 11 3,317,541) 3,281,120)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 139,362,461) 141,400,072) Third parties -
- Pihak berelasi 2g, 40 437,775) 3,773,364) Related parties -
Pembiayaan/piutang syariah: Sharia financing/receivables:
- Pihak ketiga 10,171,759) 11,387,861) Third parties -
Pendapatan bunga/marjin yang masih akan
diterima 762,335) 1,097,796) Accrued interest/margin income
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (3,922,680) (4,618,047) losses
2h, 2p, 12 146,811,650) 153,041,046)
Piutang pembiayaan: Financing receivables:
- Pihak ketiga 29,432,622) -) Third parties -
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (1,970,930) -) losses
2q,13 27,461,692) -)
Dipindahkan 232,535,375) 195,350,660)) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
1
Page 412
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2024 2023
ASET (lanjutan) ASSETS (continued)
Pindahan 232,535,375) 195,350,660) Carried forward
Penyertaan saham Investment in shares
- Pihak ketiga 52,785) 80,086) Third parties -
- Pihak berelasi 2g,40 22,500) 22,500) Related parties -
2h, 2r 75,285) 102,586)
Beban dibayar dimuka 2s, 2aj, 14 1,075,266) 1,184,067) Prepayments
Klaim pengembalian pajak 2ad, 15a 525,930) 67,337) Claims for tax refund
Aset pajak tangguhan 2ad, 15f 370,403) 715,152) Deferred tax assets
Aset tetap 6,058,147) 5,040,250) Fixed assets
Dikurangi: Akumulasi penyusutan (3,773,725) (2,992,438) Less: Accumulated depreciation
2t, 2ai, 16 2,284,422) 2,047,812)
Aset takberwujud dan goodwill Intangible assets and goodwill
- Aset tak berwujud 5,097,520) 3,480,039) Intangible assets -
- Goodwill 1,098,209) 61,116) Goodwill -
Dikurangi: Akumulasi amortisasi (3,386,613) (2,451,771) Less: Accumulated amortization
2u, 17 2,809,116) 1,089,384)
Aset lain-lain 1,609,959) 996,966) Other assets
Dikurangi: Cadangan kerugian penurunan Less: Allowance for impairment
nilai 2i (189,329) (105,572) losses
2h, 2v, 18 1,420,630) 891,394)
JUMLAH ASET 241,096,427) 201,448,392) TOTAL ASSETS
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS FUNDS AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 2h, 19 48,898) 71,606) Obligations due immediately
Bagi hasil yang belum dibagikan 2ad 18,825) 21,951) Undistributed revenue sharing
Simpanan nasabah Deposits from customers
- Pihak ketiga 111,396,668) 97,793,480) Third parties -
- Pihak berelasi 2g, 40 321,791) 484,276) Related parties -
Beban bunga yang masih harus dibayar 267,398) 179,647) Accrued interest expenses
2h, 2w, 20 111,985,857) 98,457,403)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 58,472) 1,253,579) Third parties -
- Pihak berelasi 2g, 40 699,242) 9,561,059) Related parties -
Beban bunga yang masih harus dibayar -) 7,483) Accrued interest expenses
2h, 2w, 21 757,714) 10,822,121)
Liabilitas derivatif Derivative payables
- Pihak ketiga 1,537,568) 1,014,819) Third parties -
- Pihak berelasi 2g, 40 21,273) 57,285) Related parties -
2h, 2n, 10 1,558,841) 1,072,104)
Dipindahkan 114,370,135) 110,445,185) Carry forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
2
Page 413
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2024 2023
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
LIABILITAS (lanjutan) LIABILITIES (continued)
Pindahan 114,370,135) 110,445,185) Carried forward
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,998,823) 2,160,250) Third parties -
- Pihak berelasi 2g, 40 163,558) 163,383) Related parties -
2h, 2o, 11 3,162,381) 2,323,633)
Utang pajak: Taxes payables:
- Pajak penghasilan badan 78,170) 107,880) Corporate income tax -
- Pajak lain-lain 147,690) 130,038) Other taxes -
2ad, 15b 225,860) 237,918)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 22 2,939,924) 200,569) Bonds payable -
Beban bunga yang masih harus dibayar 21,117) 1,514) Accrued interest expenses
1d, 2h, 2x 2,961,041) 202,083)
Pinjaman yang diterima: Borrowings:
- Pihak ketiga 27,074,681) 12,682,950) Third parties -
- Pihak berelasi 2g, 40 22,452,525) 18,569,798) Related parties -
Biaya transaksi yang belum diamortisasi (113,321) (48,251) Unamortized transaction costs
Beban bunga yang masih harus dibayar 244,342) 151,020) Accrued interest expenses
2h, 2y, 23 49,658,227) 31,355,517)
Akrual 2h, 24 561,383) 478,981) Accruals
Pinjaman subordinasi 3,219,000) 3,079,400) Subordinated loans
Beban bunga yang masih harus dibayar 10,069) 10,960) Accrued interest expenses
2g, 2h,
2aa, 25, 40 3,229,069) 3,090,360)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 613,452) 511,188) Short-term employee benefits -
- Imbalan pascakerja dan Post-employment benefits and -
imbalan kerja jangka panjang lainnya 452,955) 170,105) other long-term employee benefits))
2z, 26 1,066,407) 681,293)
Liabilitas sewa 2ai 335,275) 353,990) Lease liabilities
Liabilitas lain-lain 2h, 2i, 27 1,181,258) 1,075,508) Other liabilities
JUMLAH LIABILITAS 176,751,036) 150,244,468) TOTAL LIABILITIES
DANA SYIRKAH TEMPORER TEMPORARY SYIRKAH FUNDS
Bukan bank Non-bank
Tabungan mudharabah Mudharabah saving deposits
- Pihak ketiga 972,327 887,890) Third parties -
- Pihak berelasi 2g, 40 4,295 2,064) Related parties -
976,622 889,954)
Deposito mudharabah Mudharabah time deposits
- Pihak ketiga 8,593,793 8,997,932) Third parties -
- Pihak berelasi 2g, 40 28,937 32,934) Related parties -
8,622,730 9,030,866)
JUMLAH DANA SYIRKAH TEMPORER 2ab, 28 9,599,352 9,920,820) TOTAL TEMPORARY SYIRKAH FUNDS
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
3
Page 414
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/ 31 Desember/December
Notes 2024 2023
LIABILITAS, DANA SYIRKAH TEMPORER LIABILITIES, TEMPORARY SYIRKAH
DAN EKUITAS (lanjutan) FUNDS AND EQUITY (continued)
EKUITAS SHAREHOLDERS’ EQUITY
Ekuitas yang diatribusikan kepada pemilik Equity attributable to owners
entitas induk of the parent
Modal saham: Share capital:
Modal dasar Rp 300.000 Authorized capital of Rp 300,000
terdiri dari: 15.000.000.000 saham consists of: 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh Issued and fully paid-up capital
sebesar 10.645.945.748 saham of 10,645,945,748 shares
(31 Desember 2023: 8.149.106.869 (31 December 2023: 8,149,106,869
saham) 2ac, 29 212,919) 162,982) shares)
Tambahan modal disetor 1b 17,561,631) 11,162,238) Additional paid-in capital
Reserve on revaluation of fixed
Cadangan revaluasi aset tetap 2s 940,515) 954,224) assets
Lindung nilai arus kas 9,266) - Cash flow hedge
Cadangan nilai wajar - bersih 2l 12,646) 2,906) Fair value reserve - net
Transaksi dengan kepentingan-non- Transaction with non-controlling
pengendali 1f (24,267) (24,267) interest
Saldo laba Retained earnings
- Dicadangkan 42,953) 32,596) Appropriated -
- Belum dicadangkan 28,750,910) 26,369,641) Unappropriated -
28,793,863) 26,402,237)
Komponen ekuitas lainnya 2ac 260,801) 260,801) Other equity components
Saham tresuri 1c, 2ac -) (254,695) Treasury shares
47,767,374) 38,666,426)
Kepentingan non-pengendali 2f 6,978,665) 2,616,678) Non-controlling interest
JUMLAH EKUITAS 54,746,039) 41,283,104) TOTAL EQUITY
JUMLAH LIABILITAS, DANA SYIRKAH TOTAL LIABILITIES, TEMPORARY
TEMPORER DAN EKUITAS 241,096,427) 201,448,392) SYIRKAH FUNDS AND EQUITY
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
4
Page 415
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2024 2023*)
PENDAPATAN DAN BEBAN OPERATING INCOME
OPERASIONAL AND EXPENSES
Pendapatan bunga 18,189,958) 13,069,491) Interest income
Pendapatan syariah 5,398,377) 5,746,182) Sharia income
2g, 2ae,
31, 40 23,588,335) 18,815,673)
Beban bunga (7,875,949) (6,285,177) Interest expenses
Beban syariah (504,104) (486,433) Sharia expenses
2g, 2ae,
32, 40 (8,380,053) (6,771,610)
PENDAPATAN BUNGA DAN NET INTEREST
SYARIAH BERSIH 15,208,282) 12,044,063) AND SHARIA INCOME
Provisi dan komisi: Fee and commission:
Pendapatan provisi dan komisi 2af,33 1,897,296) 942,583) Fee and commission income
Beban provisi dan komisi 2af,34 (667,642) (381,700) Fee and commission expense
1,229,654) 560,883)
Pendapatan operasional: Operating income:
Pendapatan operasional lainnya 2af, 35 448,733) 478,995) Other operating income
Keuntungan dari selisih kurs dan transaksi Net gains on foreign exchange and
derivatif bersih 2e, 2m 542,691) 649,494) derivative transactions
991,424) 1,128,489)
Beban operasional: Operating expenses:
2g, 2y, 36,
Beban kepegawaian 40 (4,850,251) (3,756,478) Personnel expenses
Beban umum dan administrasi 37 (3,951,282) (3,304,961) General and administrative expenses
Cadangan kerugian penurunan nilai 2i, 38 (3,897,140) (3,049,919) Provision for impairment losses
Beban operasional lainnya 39 (626,670) (161,042) Other operating expenses
(13,325,343) (10,272,400)
PENDAPATAN OPERASIONAL BERSIH 4,104,017) 3,461,035) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING INCOME
NON-OPERASIONAL (EXPENSES)
Pendapatan non-operasional 20,510) 10,053) Non-operating income
Beban non-operasional (4,054) (13,406) Non-operating expenses
16,456) (3,353)
LABA SEBELUM PAJAK PENGHASILAN 4,120,473) 3,457,682) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN 2ad, 15c (904,233) (775,198) INCOME TAX EXPENSE
LABA BERSIH 3,216,240) 2,682,484) NET INCOME
*) *)
Setelah reklasifikasi (Catatan 51) After reclassification (Note 51)
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
5
Page 416
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/ OPERATING INCOME
C Catatan/ Years ended 31 December
Notes 2024 2023*)
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Gain on revaluation of
Keuntungan revaluasi aset tetap 7,814) 79,772) fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurements of employee
karyawan 53,366) (92,262) benefits liabilities
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will not be
tidak akan direklasifikasi ke laba rugi 15f (11,740) 20,204) reclassified to profit or loss
49,440) 7,714)
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Lindung arus kas: Cash flow hedge:
Bagian efektif dari perubahan nilai wajar 54,698) -) Effective portion of changes in fair value
Jumlah yang ditransfer ke laba rugi (30,094) -) Amount transferred to profit or loss
Keuntungan yang belum direalisasi atas Unrealized gains on fair value
perubahan nilai wajar efek-efek yang changes of securities measured
diukur pada nilai wajar melalui at fair value through
penghasilan komprehensif lain 2l 12,563) 13,633) other comprehensive income
Pajak penghasilan terkait pos-pos yang Income tax relating to items that will be
akan direklasifikasi ke laba rugi 2ad,15f (11,851) (2,999) reclassified to profit or loss
25,316) 10,634)
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE
TAHUN BERJALAN, SETELAH PAJAK INCOME FOR THE
PENGHASILAN 74,756) 18,348) YEAR, NET OF INCOME TAX
TOTAL COMPREHENSIVE
JUMLAH LABA KOMPREHENSIF TAHUN INCOME FOR THE
BERJALAN, SETELAH PAJAK 3,290,996) 2,700,832) YEAR, NET OF INCOME TAX
LABA BERSIH YANG DIATRIBUSIKAN
KEPADA: NET PROFIT ATTRIBUTABLE TO:
Pemilik entitas induk 2,812,986) 2,358,334) Owners of the parent
Kepentingan non-pengendali 403,254) 324,150) Non-controlling interest
3,216,240) 2,682,484)
JUMLAH LABA KOMPREHENSIF YANG TOTAL COMPREHENSIVE
DIATRIBUSIKAN KEPADA: INCOME ATTRIBUTABLE TO:
Pemilik entitas induk 2,868,590) 2,376,847) Owners of the parent
Kepentingan non-pengendali 422,406) 323,985) Non-controlling interest
3,290,996) 2,700,832)
LABA BERSIH PER SAHAM EARNINGS PER SHARE
(NILAI PENUH) 2ag, 43 (FULL AMOUNT)
Dasar 279) 293) Basic
Dilusian 279) 293) Diluted
*) *)
Setelah reklasifikasi (Catatan 51) After reclassification (Note 51)
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
6
Page 417
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal Transaksi
ditempatkan Cadangan dengan
dan disetor revaluasi kepentingan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ Lindung non-pengendali/ sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai nilai arus Transaction penggunaannya/ penggunaannya/ ekuitas Saham pengendali/
fully disetor/ revaluation wajar - bersih/ kas/ with non- Appropriated Unappropriated lainnya/ tresuri/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value Cash flow controlling retained retained Other equity Treasury Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net hedge interest earnings earnings components shares Total interest Total equity
Saldo tanggal 1 Januari 2024 162,982) 11,162,238) 954,224) 2,906) -) (24,267) 32,596) 26,369,641) 260,801) (254,695) 38,666,426) 2,616,678) 41,283,104) Balance as of 1 January 2024
Laba bersih tahun berjalan -) -) -) -) -) -) -) 2,812,986) -) -) 2,812,986) 403,254) 3,216,240) Net profit for the year
Penghasilan komprehensif lainnya, Other comprehensive income,
bersih setelah pajak: net of tax:
Lindung nilai arus kas -) -) -) -) 9,266 -) -) -) -) -) 9,266) 6,252) 15,518) Cash flow hedge
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada assets measured at fair value
nilai wajar melalui through other comprehensive
penghasilan komprehensif lain 2l -) -) -) 9,740 -) -) -) -) -) -) 9,740) 58 9,798 income
Revaluasi dan penjualan Revaluation and sales of
aset tetap -) -) (13,709) -) -) -) -) 19,179) -) -) 5,470) 2,344 7,814 fixed assets
Pengukuran kembali liablitas Remeasurement of employee
imbalan kerja karyawan -) -) -) -) -) -) -) 31,128) -) 31,128) 10,498 41,626 benefits liabilities
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan -) -) (13,709) 9,740 9,266 -) -) 2,863,293) -) -) 2,868,590) 422,406 3,290,996 income during the year
Addition of appropriated retained
Penambahan cadangan wajib 30 -) -) -) -) -) -) 10,357) (10,357) -) -) -) - - earnings
Pembayaran dividen 30 -) -) -) -) -) -) -) (471,667) -) -) (471,667) (212,316) (683,983) Dividend payment
Akuisisi Entitas Anak -) -) -) -) -) -) -) -) -) -) -) 4,151,860 4,151,860 Acquisition of Subsidiaries
Right issues 1c 51,783) 6,651,061) -) -) -) -) -) -) -) -) 6,702,844) - 6,702,844 Right issues
Penarikan saham tresuri 1c (1,846) (252,849) -) -) -) -) -) -) -) 254,695 -) - - Withdrawal of treasury shares
Pembayaran kompensasi dari Payments of compensation from
saham tresuri 1c,2ac treasury shares
Entitas Anak -) 1,181) -) -) -) -) -) -) -) -) 1,181) 37 1,218 Subsidiary
Saldo tanggal 31 Desember 2024 212,919) 17,561,631) 940,515) 12,646 9,266 (24,267) 42,953) 28,750,910) 260,801 -) 47,767,374) 6,978,665 54,746,039 Balance as of 31 December 2024
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
7
Page 418
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Diatribusikan kepada pemilik entitas induk/Attributable to owners of the parent
Modal
ditempatkan Cadangan Transaksi
dan disetor revaluasi dengan Saldo laba yang Saldo laba yang Kepentingan
penuh/ Tambahan aset tetap/ kepentingan sudah ditentukan belum ditentukan Komponen non-
Issued and modal Reserve on Cadangan nilai non-pengendali/ penggunaannya/ penggunaannya/ ekuitas Saham pengendali/
fully disetor/ revaluation wajar - bersih/ Transaction with Appropriated Unappropriated lainnya/ tresuri/ Non- Jumlah
Catatan/ paid-up Additional of fixed Fair value non-controlling retained retained Other equity Treasury Jumlah/ controlling ekuitas/
Notes share capital paid-in capital assets reserve - net interest earnings earnings components shares Total interest Total equity
Saldo tanggal 1 Januari 2023 162,982 11,160,647 874,452 (7,704) (24,267) 32,596) 24,702,316) 260,801 (255,147) 36,906,676) 2,506,348) 39,413,024) Balance as of 1 January 2023
Laba bersih tahun berjalan - - - -) - - 2,358,334) -) -) 2,358,334) 324,150) 2,682,484) Net profit for the year
Penghasilan komprehensif lainnya, Other comprehensive income,
bersih setelah pajak: net of tax:
Perubahan nilai wajar atas aset Changes in fair value of financial assets
keuangan yang diukur pada nilai measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain 2l -) -) -) 10,610) -) -) -) -) -) 10,610) 24) 10,634) income
Keuntungan revaluasi aset tetap 2r,16 -) -) 79,772) -) -) -) -) -) -) 79,772) -) 79,772) Gain on revaluation of fixed assets
Pengukuran kembali liablitas imbalan Remeasurement of employee
kerja karyawan -) -) -) -) -) -) (71,869) -) -) (71,869) (189) (72,058) benefits liabilities
Jumlah laba komprehensif selama Total comprehensive
tahun berjalan -) -) 79,772) 10,610) -) -) 2,286,465) -) -) 2,376,847) 323,985) 2,700,832) income during the year
Pembayaran dividen 30 -) -) -) -) -) -) (619,140) -) -) (619,140) (213,720) (832,860) Dividend payment
Penjualan saham tresuri ke publik -) 21) -) -) -) -) -) -) 452) 473) -) 473) Sales of treasury shares to public
Pembayaran kompensasi dari saham Payments of compensation from treasury
tresuri 1c,2ac shares
Entitas Anak -) 1,570) -) -) -) -) -) -) -) 1,570) 65) 1,635) Subsidiary
Saldo tanggal 31 Desember 2023 162,982) 11,162,238) 954,224) 2,906) (24,267) 32,596) 26,369,641) 260,801) (254,695) 38,666,426 2,616,678) 41,283,104) Balance as of 31 December 2023
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan integral part of these consolidated financial statements
8
Page 419
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2024 2023
CASH FLOWS FROM OPERATING
ARUS KAS DARI AKTIVITAS OPERASI ACTIVITIES
Penerimaan bunga 18,490,546) 12,876,098) Receipt from interest
Penerimaan dari pendapatan syariah 5,466,791) 5,709,497) Receipt from sharia income
Pembayaran beban bunga (8,199,894) (7,016,441) Payments of interest expense
Pembayaran hak pihak ketiga atas bagi hasil Payments of third parties’ shares on return of
dana syirkah temporer (507,230) (483,478) temporary syirkah funds
Penerimaan pendapatan operasional lainnya 2,815,370) 1,713,128) Receipt from other operating income
Penerimaan kembali kredit yang telah
dihapusbukukan 293,357) 429,855) Recovery from written-off loans
Pembayaran beban kepegawaian (4,857,185) (3,675,151) Payments of personnel expenses
Pembayaran beban operasional lainnya (6,598,078) (2,541,605) Payments of other operating expenses
(Pembayaran) Penerimaan lain-lain 36,433) 6,649) Other (payments) receipts
Pembayaran pajak penghasilan badan (890,297) (889,965) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset Cash flows before changes in operating
operasi, liabilitas operasi dan dana syirkah assets, operating liabilities and
temporer 6,049,813) 6,128,587) temporary syirkah funds
Perubahan dalam aset operasi, liabilitas operasi, Changes in operating assets, operating
dan dana syirkah temporer: liabilities, and temporary syirkah funds:
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Tagihan derivatif (259,166) 613,675) Derivative receivables
Tagihan akseptasi (44,862) (219,903) Acceptance receivables
Pinjaman yang diberikan 3,859,784) (11,142,017) Loans
Pembiayaan/piutang syariah (458,285) (1,361,808) Sharia financing/receivables
Piutang pembiayaan (2,436,082) -) Financing receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera (22,708) 12,561) Obligations due immediately
Simpanan nasabah 13,440,703) (6,745,531) Deposits from customers
Simpanan dari bank-bank lain (10,056,924) 10,648,507) Deposits from other banks
Liabilitas derivatif 240,216) (375,632) Derivative payables
Liabilitas akseptasi 838,748) (33,195) Acceptance payables
(Decrease) increase in temporary
(Penurunan) kenaikan dana syirkah temporer (321,468) 77,559) syirkah funds
Arus kas bersih diperoleh dari (digunakan Net cash flows provided from (used in)
untuk) aktivitas operasi 10,829,769) (2,397,197) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (28,008,140) (10,501,020) Purchase of securities
Penjualan efek-efek 17,302,756) 11,544,675) Proceeds from sale of securities
Akuisisi entitas anak – setelah dikurangi kas Acquisition of subsidiaries - net of cash
yang diperoleh (5,519,887) -) obtained
Pembelian aset tetap (228,206) (215,390) Purchases of fixed assets
Perolehan aset hak guna (18,040) (3,542) Acquisition of right-of-use assets
Perolehan aset takberwujud 17 (334,594) (436,590) Acquisition of intangible assets
Hasil dari penjualan aset tetap 16 41,720) 5,877) Proceeds from sale of fixed assets
Arus kas bersih (digunakan untuk) diperoleh Net cash flows (used in) provided from
dari aktivitas investasi (16,764,391) 394,010) investing activities
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
9
Page 420
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN-TAHUN BERAKHIR YEARS ENDED
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Catatan/ Years ended 31 December
Notes 2024 2023
)
CASH FLOWS FROM FINANCING
ARUS KAS DARI AKTIVITAS PENDANAAN ACTIVITIES
Penerimaan atas efek yang diterbitkan 2,451,475) -) Proceeds of securities issued
Pelunasan atas efek yang diterbitkan (681,000) -) Settlement of securities issued
Pembayaran biaya emisi atas surat berharga Payments of emission cost of securities
yang diterbitkan (10,797) -) issued
Penerimaan dari pinjaman yang diterima 14,020,604) 27,232,047) Proceeds from borrowings
Pembayaran angsuran dan pelunasan Installment payments and settlement
pinjaman yang diterima (13,100,624) (40,171,851) of borrowings
Hasil right issues 1c 6,731,742) -) Proceeds from right issues
Biaya emisi right issues 1c (28,898) -) Right issues emission fee
Penjualan saham tresuri ke publik 1,218) 2,108) Sales of treasury shares to public
Pembayaran dividen (683,958) (832,860) Payments of dividend
Pembayaran pokok liabilitas sewa (74,885) (116,558) Payments of lease liabilities principals
Arus kas bersih diperoleh dari (digunakan Net cash flows provided from (used in)
untuk) aktivitas pendanaan 8,624,877) (13,887,114) financing activities
PENURUNAN BERSIH KAS DAN SETARA NET DECREASE IN CASH AND
KAS 2,690,255) (15,890,301) CASH EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS EFFECT OF EXCHANGE RATE CHANGES
TERHADAP KAS DAN SETARA KAS 4,759) (14,462) ON CASH AND CASH EQUIVALENTS
SALDO KAS DAN SETARA KAS AWAL CASH AND CASH EQUIVALENTS AT THE
TAHUN 23,472,990) 39,377,753) BEGINNING OF THE YEAR
SALDO KAS DAN SETARA KAS AKHIR CASH AND CASH EQUIVALENTS AT THE
TAHUN 26,168,004) 23,472,990) END OF THE YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 4 1,379,647) 1,428,683) Cash
Giro pada Bank Indonesia 5 9,443,461) 9,276,598) Current accounts with Bank Indonesia
Giro pada bank-bank lain 6 1,035,001) 962,387) )Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 7a 12,694,705) 8,961,654) other banks
Efek-efek 8i 1,615,190) 2,843,668) Securities
26,168,004) 23,472,990)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS INFORMATION
AKTIVITAS YANG TIDAK MEMPENGARUHI
ARUS KAS ACTIVITIES NOT AFFECTING CASH FLOWS
Pembelian aset tetap yang Purchases of fixed assets which are still
masih terutang (371) (1,248) payable
Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian an integral part of these consolidated financial statements
secara keseluruhan
10
Page 421
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian dan informasi umum a. Establishment and general information
PT Bank SMBC Indonesia Tbk (secara individu PT Bank SMBC Indonesia Tbk (individually referred
disebut ”SMBCI” atau “Bank”) yang berdomisili di to as ”SMBCI” or the “Bank”) domiciled in South
Jakarta Selatan sebelumnya bernama PT BANK Jakarta formerly under the name of PT Bank
BTPN Tbk. Perubahan nama ini dituangkan dalam Tabungan Pensiunan Nasional formerly under the
akta notaris No. 43 tanggal 29 Agustus 2024 yang name of PT BANK BTPN Tbk. This name change
dibuat oleh Notaris Ashoya Ratam, S.H., M.Kn dan is stated in notarial deed No. 43 dated 29 August
telah disetujui oleh Menteri Hukum dan Hak Asasi 2024 made by Notary Ashoya Ratam, S.H., M.Kn
Manusia melalui Surat Keputusan Nomor AHU- and has been approved by the Minister of Law and
0054625.AH.01.02.Tahun 2024 tanggal Human Rights through Decree Number AHU-
29 Agustus 2024, di mana Bank resmi mengubah 0054625.AH.01.02.Year 2024 dated 29 August
namanya menjadi PT Bank SMBC Indonesia Tbk 2024, where the Bank formally changed its name to
efektif pada tanggal 2 Oktober 2024. PT Bank SMBC Indonesia Tbk, effective on
2 October 2024.
PT BANK BTPN Tbk sebelumnya bernama PT BANK BTPN Tbk, formerly under the name of
PT Bank Tabungan Pensiunan Nasional PT Bank Tabungan Pensiunan Nasional based on
berdasarkan akta notaris No. 31 tanggal notarial deed No. 31 dated 16 February 1985 of
16 Februari 1985 dari Notaris Komar Andasasmita, Notary Komar Andasasmita, S.H. The deed was
S.H. Akta ini telah diubah dengan akta notaris No. amended by notarial deed No. 12 dated 13 July
12 tanggal 13 Juli 1985 dari Notaris Dedeh Ramdah 1985 of Notary Dedeh Ramdah Sukarna, S.H. The
Sukarna, S.H. Anggaran Dasar telah disahkan oleh Articles of Association was approved by the
Menteri Kehakiman Republik Indonesia dengan Minister of Justice of the Republic of Indonesia in its
surat No. C2-4583HT01.01TH.85 tanggal 25 Juli decision letter No. C2-4583HT01.01TH.85 dated
1985, dan diumumkan dalam Tambahan No. 1148 25 July 1985 and published in Supplement No.
Berita Negara Republik Indonesia No. 76 tanggal 1148 to State Gazette No. 76 dated 20 September
20 September 1985. 1985.
Bank diberikan izin untuk melanjutkan usaha bank The Bank was given permission to carry on the
sebagai kelanjutan usaha dari Perkumpulan Bank bank business as a continuity from Association of
Pegawai Pensiunan Militer (”BAPEMIL”) yang telah Bank Pegawai Pensiunan Militer ("BAPEMIL")
beroperasi secara komersial pada tanggal which commenced its commercial operations on
16 Februari 1959. Bank memperoleh izin usaha 16 February 1959. The Bank obtained its license to
sebagai bank umum berdasarkan Keputusan operate as a commercial bank based on the
Menteri Keuangan Republik Indonesia No. Kep- Decree of Ministry of Finance of the Republic
955/KM.17/1993 tanggal 22 Maret 1993 dan surat Indonesia No. Kep-955/KM.17/1993 dated
Bank Indonesia No. 26/5/UPBD/PBD2/Bd tanggal 22 March 1993 and the letter of Bank Indonesia
22 April 1993. Bank juga memperoleh izin untuk No. 26/5/UPBD/PBD2/Bd dated 22 April 1993. The
menjalankan Unit Usaha Syariah melalui surat Bank also obtained a license to operate its Sharia
Bank Indonesia No. 10/2/DPIP/Prz/Bd tanggal Business Unit by the letter of Bank Indonesia No.
17 Januari 2008 yang telah dipindahkan ke 10/2/DPIP/Prz/Bd dated 17 January 2008 which
PT Bank Tabungan Pensiunan Nasional Syariah has been transferred to PT Bank Tabungan
Tbk (anak perusahaan Bank) setelah pemisahan Pensiunan Nasional Syariah Tbk (the Bank’s
pada tanggal 14 Juli 2014. subsidiary) after a spin-off on 14 July 2014.
Bank memperoleh izin melakukan kegiatan usaha The Bank obtained its license to conduct foreign
dalam valuta asing berdasarkan surat Keputusan exchange activities based on the Decree of Otoritas
Otoritas Jasa Keuangan (“OJK”) Jasa Keuangan (“OJK”) No. 382/PB.12/2015 dated
No. 382/PB.12/2015 tanggal 22 Desember 2015 22 December 2015 regarding approval in
tentang pemberian izin melakukan kegiatan usaha conducting foreign exchange activities. The Bank
dalam valuta asing. Bank mulai melakukan started to operate as a foreign exchange bank on
kegiatan usaha sebagai bank devisa pada tanggal 16 February 2016.
16 Februari 2016.
Anggaran Dasar Bank telah mengalami beberapa The Bank’s Articles of Association have been
kali perubahan. Perubahan Anggaran Dasar amended several times. The last amendment as
terakhir dituangkan dalam Akta Nomor 43 tanggal specified into the Deed Number 43 dated 29
29 Agustus 2024 yang dibuat oleh Ashoya Ratam, August 2024 made by Ashoya Ratam, SH, MKn,
SH, MKn, Notaris di Kota Administrasi Jakarta Notary in Administrative City of South Jakarta and
Selatan dan telah disetujui oleh Menteri Hukum dan has been approved by the Minister of Law and
Hak Asasi Manusia Republik Indonesia melalui Human Rights of the Republic of Indonesia through
Surat Keputusan Nomor AHU-0054625.AH.01.02. Decree Letter Number AHU-0054625.AH.01.02.
Tahun 2024 tanggal 29 Agustus 2024. Tahun 2024 dated 29 August 2024.
11
Page 422
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Perubahan Anggaran Dasar Bank dalam The amendment of Articles of Association of the
rangka Peningkatan Modal Disetor dan Bank in order to Increase of the Issued and Paid
Ditempatkan Bank sehubungan dengan Up Capital in relation with the implementation
Pelaksanaan Penambahan Modal dengan of the Capital Increase Plan by Granting Pre-
Memberikan Hak Memesan Efek Terlebih emptive Rights II according to the Resolution of
Dahulu II sesuai dengan Keputusan RUPS Luar the Extraordinary GMS dated 7 December 2023
Biasa Bank tanggal 7 Desember 2023 as specified in the Deed of the Board of
sebagaimana dituangkan dalam Akta Commissioners Resolution Number 55 dated
Pernyataan Keputusan Rapat Dewan 21 March 2024 made by Ashoya Ratam, SH,
Komisaris Nomor 55 tanggal 21 Maret 2024 MKn, Notary in Administrative City of South
yang dibuat oleh Ashoya Ratam, SH, MKn, Jakarta and has been received and recorded in
Notaris di Kota Administrasi Jakarta Selatan Legal Entity Administration System through
dan telah diterima dan dicatat di dalam Sistem Decree Letter of Minister of Law and Human
Administrasi Badan Hukum melalui Surat right of the Republic of Indonesia No. AHU-
Keputusan Menteri Hukum dan Hak Asasi AH.01.03-0069408 dated 21 March 2024
Manusia Republik Indonesia Nomor AHU- regarding Acceptance of Notification of
AH.01.03-0069408 tanggal 21 Maret 2024 Amendment of Articles of Association of
perihal Penerimaan Pemberitahuan Perubahan PT BANK BTPN Tbk.
Anggaran Dasar PT BANK BTPN Tbk.
Susunan Dewan Komisaris terakhir Bank The latest composition of the Board of
sebagaimana dituangkan ke dalam Akta Commissioners of the Bank as specified into
Nomor 02 tanggal 3 September 2024 yang the Deed Number 02 dated 3 September 2024
dibuat oleh Ashoya Ratam, SH, MKn, Notaris di made by Ashoya Ratam, SH, MKn, Notary in
Kota Administrasi Jakarta Selatan dan telah Administrative City of South Jakarta and has
diterima dan dicatat di dalam Sistem been received and recorded in Legal Entity
Administrasi Badan Hukum melalui Surat Administration System through Decree Letter of
Keputusan Menteri Hukum dan Hak Asasi Minister of Laws and Human Rights of the
Manusia Republik Indonesia Nomor Republic of Indonesia Number AHU-AH.01.09-
AHU-AH.01.09-0248269 tanggal 4 September 0248269 dated 4 September 2024 regarding
2024 perihal Penerimaan Pemberitahuan Acceptance of Notification of the Company’s
Perubahan Data Perseroan PT Bank SMBC Data Changes of PT Bank SMBC Indonesia
Indonesia Tbk. Tbk.
Susunan Direksi terakhir Bank sebagaimana The latest composition of the Board of Directors
dituangkan ke dalam Akta Nomor 58 tanggal of the Bank as specified into the Deed Number
27 Juli 2023 yang dibuat oleh Yumna Shabrina, 58 dated 27 July 2023 made by Yumna
SH, MKn, selaku Notaris Pengganti dari Ashoya Shabrina, SH, MKn, as Subsitute Notary of
Ratam, SH, MKn, Notaris di Kota Administrasi Ashoya Ratam, SH, MKn, Notary in
Jakarta Selatan dan telah diterima dan dicatat Administrative City of South Jakarta and has
di dalam Sistem Administrasi Badan Hukum been received and recorded in Legal Entity
melalui Surat Keputusan Menteri Hukum dan Administration System through Decree Letter of
Hak Asasi Manusia Republik Indonesia Nomor Minister of Laws and Human Rights of the
AHU-AH.01.09-0145163 tanggal 27 Juli 2023 Republic of Indonesia Number AHU-AH.01.09-
perihal Penerimaan Pemberitahuan Perubahan 0145163 dated 27 July 2023 regarding
Data Perseroan PT BANK BTPN Tbk. Acceptance of Notification of the Company’s
Data Changes of PT BANK BTPN Tbk.
12
Page 423
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Sesuai dengan pasal 3 Anggaran Dasar Bank, In accordance with Article 3 of the Bank’s
maksud dan tujuan serta kegiatan Bank adalah Articles of Association, the Bank’s scope of
melakukan kegiatan dalam jasa bank umum activities is to engage in general banking
termasuk melakukan penyertaan modal pada services including capital investment in bank
bank yang melaksanakan kegiatan usaha conducting business based on sharia
berdasarkan prinsip syariah, sesuai dengan principles, in accordance with the prevailing
undang-undang dan peraturan yang berlaku di laws and regulations in Indonesia.
Indonesia.
Pemegang Saham Utama Bank adalah Majority Shareholder’s of the Bank is Sumitomo
Sumitomo Mitsui Banking Corporation Mitsui Banking Corporation (“SMBC”). SMBC
(“SMBC”). SMBC didirikan pada bulan April was established in April 2001. Sumitomo Mitsui
2001. Sumitomo Mitsui Financial Group, Inc. Financial Group, Inc. (“SMFG”) was established
(“SMFG”) didirikan pada bulan Desember 2002 in December 2002 and SMBC became a
dan SMBC menjadi anak perusahaan yang subsidiary fully owned by SMFG. SMFG is the
sepenuhnya dimiliki oleh SMFG. SMFG controlling shareholder and ultimate
merupakan pemegang saham pengendali dan shareholder of SMBCI.
pemegang saham terakhir (ultimate
shareholder) dari SMBCI.
SMBC berkantor pusat di Tokyo, Jepang dan SMBC’s Head Office is in Tokyo, Japan and
saat ini merupakan salah satu bank terbesar di currently one of the biggest banks in Japan with
Jepang dengan jaringan usaha yang telah a business network vastly spread throughout
menyebar ke beberapa wilayah di dunia. the world.
Berkantor Pusat di Tokyo, Jepang, SMFG With the Head Office in Tokyo, SMFG operates
bergerak dalam bidang manajemen anak in the management of banking subsidiaries and
perusahaan perbankan dan perusahaan lain other companies that can be treated as
yang dapat diperlakukan sebagai anak subsidiaries based on the provisions of
perusahaan berdasarkan ketentuan Undang- Japanese Banking Laws. In addition, SMFG
Undang Perbankan Jepang. Selain itu, SMFG carries out ancillary functions, as well as
melakukan fungsi-fungsi terkait (ancillary functions that can be executed by banking
functions), serta fungsi-fungsi yang dapat holding companies under the regulations of the
dilakukan oleh perusahaan holding perbankan Japanese Banking Laws.
di bawah ketentuan Undang-Undang
Perbankan Jepang.
Perusahaan-perusahaan yang tergabung Companies within the SMFG business group
dalam kelompok usaha SMFG terutama are mainly operating in commercial banking
bergerak di bidang perbankan komersial through such financial services as follows:
melalui layanan keuangan berikut: leasing, leasing, securities, consumer financing,
sekuritas, pembiayaan konsumen, keuangan, finance, system development data processing
pemrosesan data pengembangan sistem, dan and asset management.
manajemen aset.
Kantor pusat Bank berlokasi di Menara SMBC, The Bank’s head office is located at Menara
CBD Mega Kuningan, Jl. Dr. Ide Anak Agung SMBC, CBD Mega Kuningan, Jl. Dr. Ide Anak
Gde Agung Kav 5.5 - 5.6, Jakarta Selatan Agung Gde Agung Kav 5.5 - 5.6, Jakarta
12950. Selatan 12950.
13
Page 424
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Pendirian dan informasi umum (lanjutan) a. Establishment and general information
(continued)
Jumlah karyawan PT Bank SMBC Indonesia Tbk As of 31 December 2024 and 2023
dan entitas anaknya (secara bersama-sama PT Bank SMBC Indonesia Tbk and its
disebut “Grup”) pada tanggal 31 Desember 2024 subsidiaries (together referred to as “the Group”)
dan 2023, masing-masing adalah 29.382 dan had 29,382 and 20,933 employees, respectively.
20.933 karyawan.
Jaringan distribusi Bank dan entitas anak pada The Bank and subsidiaries’ distribution network
tanggal 31 Desember 2024 dan 2023 as of 31 December 2024 and 2023 was
diungkapkan pada Catatan 52. disclosed in Note 52.
b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia Indonesia
Berdasarkan keputusan Rapat Umum Based on the resolution of Extraordinary
Pemegang Saham Luar Biasa tanggal General Meeting of Shareholders dated
5 Oktober 2018 sebagaimana dinyatakan 5 October 2018 as stipulated in the Deed of
dalam Akta Risalah Rapat Umum Pemegang Minutes of Extraordinary General Meeting of
Saham Luar Biasa No. 09 tertanggal 5 Oktober Shareholders No. 09 dated 5 October 2018
2018 yang dibuat oleh Ashoya Ratam, SH, made by Ashoya Ratam, SH, MKn, Notary in
MKn, Notaris di Kota Administrasi Jakarta Administrative City of South Jakarta, it has
Selatan, telah disetujui Rencana approved the Proposed Merger of PT Bank
Penggabungan Usaha PT Bank Sumitomo Sumitomo Mitsui Indonesia (“BSMI”) and the
Mitsui Indonesia (“BSMI”) dengan Bank, Bank whereby BSMI acted as the Merging Bank
dimana BSMI bertindak sebagai bank yang and the Bank acted as the Merger-Recipient
menggabungkan diri dan Bank bertindak Bank or surviving bank, effective as of all the
sebagai bank penerima penggabungan, yang required approval being obtained (“Effective
berlaku sejak seluruh persetujuan yang Merger Date”).
disyaratkan diperoleh (“Tanggal Efektif
Penggabungan”).
Penggabungan menjadi efektif pada tanggal The Merger became effective on 1 February
1 Februari 2019, setelah diperolehnya 2019, after obtaining the approval from (i) OJK
persetujuan dari (i) OJK melalui surat through Decree of Board of Commissioners of
Keputusan Dewan Komisioner OJK Nomor OJK Number 35/KDK.03/2018 dated
35/KDK.03/2018 tanggal 20 Desember 2018 20 December 2018 regarding the Merger
tentang Pemberian Izin Penggabungan Usaha Approval of BSMI into the Bank; (ii) Japan
(Merger) BSMI ke dalam Bank; (ii) Japan Financial Services Agency (JFSA) through the
Financial Services Agency (JFSA) melalui surat Banking Supervisory letter No. 1788 and
Pengawas Perbankan No. 1788 dan No. 1789 No. 1789 dated 18 January 2019 regarding the
tertanggal 18 Januari 2019 perihal Persetujuan approval of Subsidiarization; and (iii) Minister
Subsidiarization; dan (iii) Menteri Hukum dan of Law and Human Rights of the Republic of
Hak Asasi Manusia Republik Indonesia Indonesia Directorate of Administration of
Direktorat Jenderal Administrasi Hukum Umum General Law by letter dated 22 January 2019
melalui surat tertanggal 22 Januari 2019 Nomor Number AHU-0006169.AH.01.10.Year 2019
AHU-0006169.AH.01.10. Tahun 2019 regarding the Approval of Amendment of
mengenai Persetujuan Perubahan Anggaran Articles of Association of Limited Liability
Dasar Perseroan Terbatas PT BANK BTPN Tbk Company PT BANK BTPN Tbk and letter dated
dan surat tertanggal 22 Januari 2019 Nomor 22 January 2019 Number AHU-AH.01.03-
AHU-AH.01.03-0044411 mengenai 0044411 regarding the Acceptance of
Penerimaan Pemberitahuan Perubahan Data Notification of Company Data Submission of
Perseroan PT BANK BTPN Tbk serta surat PT BANK BTPN Tbk as well as letter dated
tertanggal 22 Januari 2019 Nomor 22 January 2019 Number
AHU-AH.01.10-0006176 mengenai AHU-AH.01.10-0006176 regarding
Penerimaan Pemberitahuan Penggabungan Acceptance on Notification of Merger of
Perseroan PT BANK BTPN Tbk. PT BANK BTPN Tbk.
14
Page 425
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
b. Penggabungan usaha dengan PT Bank b. Merger with PT Bank Sumitomo Mitsui
Sumitomo Mitsui Indonesia (lanjutan) Indonesia (continued)
Sehubungan dengan penggabungan usaha In relation with merger between PT Bank
antara PT Bank Tabungan Pensiunan Nasional Tabungan Pensiunan Nasional Tbk ("BTPN")
Tbk (“BTPN”) dan PT Bank Sumitomo Mitsui and PT Bank Sumitomo Mitsui Indonesia
Indonesia (“BSMI”), penggabungan usaha ("BSMI"), the merger was conducted through
dilakukan melalui penerbitan instrumen ekuitas the issuance of equity instrument of BTPN to
BTPN kepada Sumitomo Mitsui Banking Sumitomo Mitsui Banking Corporation (the
Corporation (pemegang saham BTPN dan shareholder of both BTPN and BSMI) of
BSMI) sebesar 2.296.846.112 lembar saham 2,296,846,112 fully paid ordinary shares of
biasa disetor penuh dengan nilai nominal BTPN with nominal value amounting to Rp 20
sebesar Rp 20 (nilai penuh) per saham. (full amount) per share.
Nilai wajar saham BTPN pada tanggal The fair value of BTPN’s shares as of
1 Februari 2019 adalah Rp 4.282 (nilai penuh) 1 February 2019 was Rp 4,282 (full amount)
per lembar saham. Rasio konversi atas per share. Conversion ratio of the conversion
konversi saham BSMI menjadi saham BTPN of BSMI’s share into BTPN’s share was
adalah sebesar 799,1971. 799.1971.
Penggabungan usaha antara BTPN dan BSMI The merger between BTPN and BSMI is a
merupakan transaksi penggabungan usaha business combination under common control
entitas sepengendali. Pada tanggal efektif transaction. As at the effective date of merger,
merger, baik BTPN dan BSMI merupakan both BTPN and BSMI are entites under
entitas sepengendalian dan hubungan common control and the common control
sepengendalian tersebut tidak bersifat relationship is not transitory. Business
sementara. Transaksi kombinasi bisnis antara combination transaction between entites under
entitas sepengendali dilakukan dalam rangka common control is done in the event of
reorganisasi entitas-entitas yang berada dalam reorganisation of entities under the same
suatu kelompok yang sama dan bukan group which does not constitute change in
merupakan perubahan kepemilikan dalam arti ownership by economic substance. Therefore,
substansi ekonomi. Oleh karena itu, transaksi the transaction is recognized at carrying
ini diakui pada jumlah tercatat berdasarkan amount under pooling of interest method.
metode penyatuan kepemilikan (pooling of
interest).
Selisih nilai transfer entitas sepengendali Net transfer under common control entities
di atas dicatat sebagai tambahan modal disetor. above was recorded as additional paid-in
Atas transaksi ini, Bank mencatat tambahan capital. As a result of this transaction, the Bank
modal disetor dan agio saham masing-masing recorded additional share capital and paid-in
sebesar Rp 45.937 dan Rp 9.708.197. capital amounting to Rp 45,937 and
Rp 9,708,197, respectively.
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
Actions
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Based on Extraordinary General Meeting of
Luar Biasa (RUPSLB) tanggal 8 Juni 2007, para Shareholders (EGMS) dated 8 June 2007, the
pemegang saham menyetujui rencana shareholders approved the Initial Public
Penawaran Umum Saham Perdana Biasa Offering of Ordinary Shares plan to public
kepada masyarakat melalui pasar modal serta through capital market and listing of the Bank’s
melakukan pencatatan saham Bank di Bursa shares at Indonesia Stock Exchange.
Efek Indonesia.
15
Page 426
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Penawaran Umum Perdana Saham (lanjutan) Initial Public Offering (continued)
Bank melakukan penawaran umum perdana The Bank undertook an initial public offering of
atas 267.960.220 saham dengan nilai nominal 267,960,220 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering
dengan harga penawaran setiap saham price of Rp 2,850 (full amount) per share to the
sebesar Rp 2.850 (nilai penuh) kepada public in Indonesia. The shares were listed at
masyarakat di Indonesia. Saham tersebut Indonesia Stock Exchange on 12 March 2008.
dicatat di Bursa Efek Indonesia pada tanggal
12 Maret 2008.
Persetujuan atas Penawaran Umum Perdana Approval of the Initial Public Offering based on
Saham berdasarkan Surat dari Bapepam Letter from Bapepam No.S-1253/BL/2008
No. S-1253/BL/2008 tanggal 29 Februari 2008 dated 29 February 2008 regarding Notification
perihal Pemberitahuan Efektifnya Penyataan of the Effectiveness of the Registration
Pendaftaran. Statement.
Penambahan modal melalui Hak Memesan Increase of capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) Right (“HMETD”)
Berdasarkan RUPSLB tanggal 25 November Based on the EGMS dated 25 November 2010,
2010, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk menambah modal increase the Bank’s share capital through the
sahamnya melalui penerbitan Hak Memesan issuance of Pre-Emptive Right I (“HMETD I”),
Efek Terlebih Dahulu I (“HMETD I”), dengan by issuing shares from the Bank’s portfolio
cara mengeluarkan saham dari portepel Bank. shares.
Pada tanggal 10 Desember 2010 telah On 10 December 2010, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange
sebanyak 188.787.238 saham baru dengan with 188,787,238 new registered shares with
nominal Rp 100 (nilai penuh) per saham value of Rp 100 (full amount) per share;
sehingga jumlah saham yang ditempatkan dan accordingly, the number of shares issued and
disetor penuh yang semula sebesar fully paid changed from 943,936,190 shares to
943.936.190 saham menjadi sejumlah 1,132,723,428 shares.
1.132.723.428 saham.
Persetujuan atas Penerbitan HMETD I Approval of the Issuance of HMETD I based on
berdasarkan Surat dari Bapepam Letter from Bapepam No.S-10615/BL/2010
No.S-10615/BL/2010 tanggal 24 November dated 24 November 2010 regarding Notification
2010 perihal Pemberitahuan Efektifnya of the Effectiveness of the Registration
Penyataan Pendaftaran. Statement.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 18,878 additional share
sebesar Rp 18.878 dan agio saham sebesar capital and Rp 1,293,458 additional paid-in
Rp 1.293.458. capital.
16
Page 427
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Penambahan modal melalui Hak Memesan Increase of capital through Pre-Emptive
Efek Terlebih Dahulu (“HMETD”) (lanjutan) Right (“HMETD”) (continued)
Berdasarkan RUPSLB tanggal 7 Desember Based on the EGMS dated 7 December 2023,
2023, para pemegang saham menyetujui the shareholders approved the Bank’s plan to
rencana Bank untuk melakukan Penambahan increase the Bank’s share capital by granting
Modal dengan Memberikan Hak Memesan Efek pre-emptive rights II ("PMHMETD II"). The
Terlebih Dahulu II (“PMHMETD II”). Bank telah Bank has obtained an effective statement
memperoleh pernyataan efektif atas regarding PMHMETD II from the Financial
PMHMETD II tersebut dari Otoritas Jasa Services Authority with letter Number S-
Keuangan melalui surat Nomor S-29/D.04/2024 29/D.04/2024 dated 19 February 2024. Based
tanggal 19 Februari 2024. Berdasarkan on the disclosure of information to shareholders
keterbukaan informasi kepada pemegang regarding PMHMETD II on 11 December 2023,
saham dalam rangka PMHMETD II pada the Bank has disclosed its plan to use the
tanggal 11 Desember 2023, Bank telah proceed from the PMHMETD II fund to expand
mengungkapkan rencana penggunaan dana and invest through the acquisition of financing
PMHMETD II tersebut adalah untuk melakukan business companies namely PT Oto Multiartha
ekspansi dan investasi usaha melalui and PT Summit Oto Finance, from SMBC and
pengambilalihan perusahaan-perusahaan yang PT Summit Auto Group (which was a joint
bergerak di kegiatan usaha pembiayaan yaitu venture of PT Summit Auto Group, SMBC and
PT Oto Multiartha dan PT Summit Oto Finance, PT Sinar Mas Multiartha Tbk).
dari SMBC dan PT Summit Auto Group (yang
saat itu merupakan joint venture dari PT Summit
Auto Group, SMBC dan PT Sinar Mas
Multiartha Tbk).
Pada tanggal 26 Februari 2024 telah dicatatkan On 26 February 2024, the Bank’s shares were
pada Bursa Efek Indonesia sebanyak listed at the Indonesia Stock Exchange with
2.589.131.077 saham baru dengan nominal 2,589,131,077 new registered shares with
Rp20,00 (nilai penuh) per saham sehingga value of Rp20.00 (full amount) per share;
jumlah saham yang ditempatkan dan disetor accordingly, the number of shares issued and
penuh yang semula sebesar 8.056.814.671 fully paid changed from 8,056,814,671 shares
saham menjadi sejumlah 10.645.945.748 to 10,645,945,748 shares. The Bank obtained
saham. Bank mendapatkan tambahan modal Rp 51,783 additional share and Rp 6,651,061
disetor sebesar Rp 51.783 dan agio saham additional paid-in capital.
sebesar Rp 6.651.061.
Pemecahan saham Stock split
Berdasarkan RUPSLB tanggal 25 Februari j Based on EGSM dated 25 February 2011, the
2011, para pemegang saham menyetujui n shareholders approved the Bank’s plan to split
rencana Bank untuk melakukan pemecahan n share from nominal value of Rp 100 (full
nilai nominal saham dari Rp 100 (nilai penuh) n amount) per share to Rp 20 (full amount) per
per saham menjadi Rp 20 (nilai penuh) per j share; accordingly, it changed the number of
saham, sehingga jumlah saham yang n shares issued and fully paid from
ditempatkan dan disetor penuh yang semula j 1,132,723,428 shares with nominal value of
sebesar 1.132.723.428 saham dengan nilai n Rp 100 (full amount) per share to
nominal Rp 100 (nilai penuh) per saham akan s 5,663,617,140 shares with nominal value of
menjadi sejumlah 5.663.617.140 saham j Rp 20 (full amount) per share.
dengan nilai nominal Rp 20 (nilai penuh) per n
saham.
Pada tanggal 28 Maret 2011, saham Bank On 28 March 2011, the Bank’s shares were
dicatatkan pada Bursa Efek Indonesia listed at the Indonesia Stock Exchange for
sebanyak 5.606.980.970 saham dengan nilai 5,606,980,970 shares with nominal value of
nominal Rp 20 (nilai penuh) per saham. Rp 20 (full amount) per share.
17
Page 428
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Pemecahan saham (lanjutan) Stock split(continued)
Peningkatan modal melalui Convertible Capital increase through Convertible Loan
Loan
Pada tanggal 14 Maret 2012, Bank telah On 14 March 2012, the Bank obtained
mendapatkan persetujuan untuk meningkatkan an approval to increase issued and paid-up
modal ditempatkan dan modal disetor dengan capital by issuing 176,670,117 shares from the
mengeluarkan 176.670.117 saham baru dari Bank’s unissued shares to International
portepel kepada International Finance Finance Corporation (“IFC”) in accordance with
Corporation (“IFC”) sesuai dengan syarat dan terms and condition in the Convertible Loan
ketentuan Convertible Loan Agreement. Agreement. Afterwards, those Bank’s shares
Setelah itu, saham tersebut telah tercatat pada were listed at Indonesia Stock Exchange. Total
Bursa Efek Indonesia. Total modal disetor dan issued and paid-up capital of the Bank after the
ditempatkan Bank setelah Penambahan Modal Capital Increases without Pre-Emptive Rights
Tanpa Hak Memesan Efek Terlebih Dahulu was 5,840,287,257 shares.
menjadi 5.840.287.257 saham.
Bank mendapatkan tambahan modal disetor The Bank obtained Rp 3,533 additional share
sebesar Rp 3.533 dan agio saham sebesar capital and Rp 135,927 additional paid-in
Rp 135.927. capital.
Pembelian kembali saham Shares buyback
Melalui surat OJK No. S-20/PB.31/2016 The Bank was approved by OJK to conduct
tanggal 18 Februari 2016, Bank telah shares buyback by letter No. S-20/PB.31/2016
memperoleh persetujuan OJK untuk melakukan dated 18 February 2016. In the implementation
pembelian kembali (buyback) saham. Dalam of shares buyback by the Bank, the allocated
pelaksanaan pembelian kembali saham yang fund up to Rp 535,500 to buy up to 150,000,000
dikeluarkan oleh Bank, jumlah alokasi dana shares or 2.57% of the Bank’s issued and fully
tidak melebihi Rp 535.500 untuk membeli paid-up capital shall be done between
sebanyak-banyaknya 150.000.000 saham atau 23 February 2016 and 23 May 2016. Up to
2,57% dari modal ditempatkan dan disetor 23 May 2016, the Bank had repurchased
penuh Bank, yang akan dilakukan dalam 95,198,900 shares using total purchasing fund
periode dari tanggal 23 Februari 2016 sampai amounting to Rp 262,874.
dengan 23 Mei 2016. Sampai dengan tanggal
23 Mei 2016, Bank telah membeli kembali
saham Bank sebanyak 95.198.900 lembar
saham dengan total dana pembelian sebesar
Rp 262.874.
Tujuan dari pembelian kembali saham adalah The objective of conducting shares buyback is
untuk memberikan fleksibilitas untuk mencapai to provide flexibility to achieve an efficient
struktur permodalan yang efisien dan capital structure and enable the Bank to lower
memungkinkan untuk menurunkan keseluruhan the overall cost of capital, increasing the
biaya modal, meningkatkan laba per saham Earnings per Share (EPS) and Return on Equity
(EPS), serta Return on Equity (ROE) secara (ROE) on an on-going basis.
berkelanjutan.
18
Page 429
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Perubahan Modal Karena Aksi Korporasi c. Changes in Capital Due to Corporate
(lanjutan) Actions (continued)
Pengalihan Saham Tresuri Transfer of Treasury Shares
Di dalam rangka memenuhi Peraturan OJK In compliance with OJK Regulation
No.02/POJK.04/2013 tanggal 26 Agustus 2013 No.02/POJK.04/2013 dated 26 August 2013
mengenai Pembelian Kembali Saham yang regarding the Buyback of Issued Shares by
Dikeluarkan oleh Emiten atau Perusahaan Issuers or Public Companies in Significantly
Publik dalam Kondisi Pasar yang Berfluktuasi Fluctuating Market Conditions and the
secara signifikan dan keputusan Rapat Umum resolution of the Annual General Meeting of
Pemegang Saham Tahunan tanggal 22 April Shareholders dated 22 April 2021 on the sixth
2021 atas agenda keenam mengenai agenda regarding the transfer of shares
pengalihan saham hasil pembelian kembali resulted from the buy back which are retained
yang disimpan sebagai saham tresuri untuk as treasury shares to be utilized for variable
pemberian remunerasi yang bersifat variable, remuneration, hence on 31 August 2021, the
maka pada tanggal 31 Agustus 2021, Bank Bank has transferred 2,633,202 shares
telah mengalihkan sebanyak 2.633.202 saham registered under treasury shares to Material
yang dicatat sebagai saham tresuri kepada Risk Takers. While the remaining 92,565,698
para Material Risk Takers. Sementara itu, shares registered under treasury shares will be
sebanyak 92.565.698 sisa saham yang dicatat sold back to the market through Stock
sebagai saham tresuri akan dijual kembali ke Exchange starting 14 October 2021.
pasar melalui Bursa Efek mulai tanggal
14 Oktober 2021.
Rapat Umum Pemegang Saham Luar Biasa Extraordinary General Meeting of Shareholders
tanggal 7 Desember 2023 telah menyetujui dated 7 December 2023 approved the
penarikan 92.292.198 saham tresuri atau withdrawal of 92,292,198 treasury shares or
sebesar Rp 1.846 (untuk nominal Rp 20 (nilai amounted Rp 1,846 (for nominal Rp 20 (full
penuh) per saham) dan karenanya akan amount) per share) and therefore will reduce
mengurangi modal Diterbitkan serta Modal the Issued as well as Paid-up Capital and
Disetor Bank dan menambah Modal Dalam increase the Portfolio Capital, subject to the
Portepel, apabila Kreditur tidak keberatan Creditor’s objection within particular time limit
dengan rencana ini dalam batas jangka waktu according to the Law of Republic of Indonesia
tertentu sesuai dengan Undang-undang on Limited Liability Company No.40 year 2007.
Republik Indonesia tentang Perseroan
Terbatas No.40 tahun 2007.
Dengan lewatnya jangka waktu penyampaian By the lapsing of the time period on Creditor’s
keberatan dari Kreditur atas perubahan modal objection filing in regards to the capital changes
sebagaimana dimaksud dalam Undang- as meant by the Law No. 40 of 2007 on Limited
undang No.40 tahun 2007 tentang Perseroan Liability Company, the changes in the articles
Terbatas, maka perubahan anggaran dasar of association has been stipulated in the Deed
sebagaimana dituangkan dalam Akta No. 07 No. 7 dated 7 December 2023 which was made
tanggal 7 Desember 2023 yang dibuat oleh by Notary Ashoya Ratam SH, MKn,
Ashoya Ratam, SH, MKn, telah mendapat and has been approved by the Minister of Law
persetujuan dari Kementerian Hukum dan Hak and Human Rights No.AHU-
Asasi Manusia Republik Indonesia melalui surat 0082757.AH.01.02.Tahun 2023 dated
nomor AHU 0082757.AH.01.02 tahun 2023 7 February 2024.
tanggal 7 Februari 2024.
d. Efek-efek yang diterbitkan d. Securities issued
Utang obligasi Bonds payable
Bank Bank
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan IV 27 Dinyatakan efektif oleh OJK, Seri/Series 26 7.55%
Seri/Series
Bank BTPN Tahap I Tahun November/ melalui suratnya A: 3 November/
A: 799,000
2019 Dengan Tingkat November No. S-168/D.04/2019 tanggal tahun/years November
Bunga Tetap (“Obligasi 2019 15 November 2019/ 2022
Berkelanjutan IV Tahap I”)/ Became effective by OJK
Bank BTPN Shelf through its letter No.S-
Seri/Series 26 7.75%
Registered Bonds IV 168/D.04/2019 dated Seri/Series
B: 5 November/
Phase I Year 2019 with a 15 November 2019 B: 201,000
tahun/years November
fixed interest rate (“Shelf
2024
Registered Bonds IV
Phase I”)
19
Page 430
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Efek-efek yang diterbitkan (lanjutan) d. Securities issued (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
Bank (lanjutan) Bank (continued)
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan V 27 Juni/ Dinyatakan efektif oleh OJK, Seri/Series
Seri/Series
Bank BTPN Tahap I Tahun June 2024 melalui suratnya A: 3 tahun/ 5 Juli/ July 7.00%
A: 114,755
2024 Dengan Tingkat No. S-82/D.04/2024 tanggal years 2027
Bunga Tetap (“Obligasi 27 Juni 2024/
Berkelanjutan V Tahap I”)/ Became effective by OJK
Bank BTPN Shelf through its letter No.
Registered Bonds V S-82/D.04/2024 dated Seri/Series
Seri/Series
Phase I Year 2024 with a 27 June 2024 B: 5 tahun/ 5 Juli/ July 7.10%
B: 240,305
fixed interest rate (“Shelf years 2029
Registered Bonds V
Phase I”)
Obligasi Berkelanjutan V 27 Juni/ Dinyatakan efektif oleh OJK, Seri/Series 17
Seri/Series
Bank SMBC Indonesia June 2024 melalui suratnya A: 3 tahun/ Desember/ 6,70%
A: 429,910
Tahap II Tahun 2024 No. S-82/D.04/2024 tanggal years December
Dengan Tingkat Bunga 27 Juni 2024/ 2027
Tetap (“Obligasi Became effective by OJK
Berkelanjutan V Tahap II”)/ through its letter No.
Bank SMBC Indonesia S-82/D.04/2024 dated Seri/Series 17
Seri/Series
Shelf Registered Bonds V 27 June 2024 B: 5 tahun/ Desember/ 6.95%
B: 966,505
Phase II Year 2024 with a years December
fixed interest rate (“Shelf 2029
Registered Bonds V
Phase II”)
Seluruh utang obligasi yang diterbitkan Bank All bonds issued by the Bank were listed at the
dicatatkan di Bursa Efek Indonesia dan Indonesia Stock Exchange and the funds are
dananya dipergunakan untuk pertumbuhan used for business growth in form of credit
usaha dalam bentuk ekspansi kredit. expansion.
PT Bank Mega Tbk bertindak sebagai Wali PT Bank Mega Tbk acts as the Trustee for Shelf
Amanat atas Obligasi Berkelanjutan IV Tahap I Registered Bonds IV Phase I Year 2019 and
Tahun 2019 dan Obligasi Berkelanjutan V Shelf Registered Bonds V Phase I and II Year
Tahap I dan II Tahun 2024. 2024.
PT Oto Multiartha PT Oto Multiartha
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan I 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series
Seri/Series
Oto Multiartha Tahap I 2023 melalui suratnya A: 3 tahun/ 7 Juli/July
A: 315,000 6.35%
Tahun 2023/ Oto No.S-142/D.04/2023 tanggal years 2026
Multiartha Shelf 26 Juni 2023 / Became
Registered Bonds I Phase effective by OJK through its Seri/Series
Seri/Series
I Year 2023 letter No.S-142/D.04/2023 B: 5 tahun/ 7 Juli/July
B: 114,705 6.50%
dated 26 June 2023 years 2028
20
Page 431
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Efek-efek yang diterbitkan (lanjutan) d. Securities issued (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Tanggal Tingkat
Pernyataan Jumlah jatuh bunga
efektif/ pokok/ Jangka tempo/ setahun/
Effective Persetujuan/ Nominal waktu/ Maturity Interest rate
Nama/Name registration Approval value Tenor date per annum
Obligasi Berkelanjutan I Oto 26 Juni/June Dinyatakan efektif oleh OJK, Seri/Series 14
Multiartha Tahap II Tahun 2023 Seri/Series
melalui suratnya A: 1 tahun/ September/
2024/ Oto Multiartha Shelf A: 255,270 6.35%
No.S-142/D.04/2023 tanggal years September
Registered Bonds I Phase II 26 Juni 2023 / Became 2025
Year 2024 effective by OJK through its Seri/Series 4
Seri/Series
letter No.S-142/D.04/2023 B: 3 tahun/ September/
B: 114,705 6.90%
dated 26 June 2023 years September
2027
Seri/Series 4
Seri/Series
C: 5 tahun/ September/
C: 330,025 7.10%
years September
2029
Semua obligasi yang beredar telah terdaftar di All of the bonds issued were listed at the
Bursa Efek Indonesia. Indonesia Stock Exchange.
PT Bank Mandiri (Persero) Tbk bertindak PT Bank Mandiri (Persero) Tbk acts as the
sebagai Wali Amanat atas Obligasi Trustee for Oto Multiartha Shelf Registered
Berkelanjutan I Oto Multiartha Tahap I Tahun Bonds I Phase I Year 2023 and Oto Multiartha
2023 dan Obligasi Berkelanjutan I Oto Shelf Registered Bonds I Phase II Year 2024.
Multiartha Tahap II Tahun 2024.
e. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal Secretary and Internal Audit Unit
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023, the
susunan Dewan Komisaris dan Direksi Bank composition of Board of Commissioners and
adalah sebagai berikut: Board of Directors was as follows:
31 Desember/December
2024 2023
Dewan Komisaris Board of Commissioners
Komisaris Utama Chow Ying Hoong Chow Ying Hoong President Commissioner
Komisaris Takeshi Kimoto Takeshi Kimoto Commissioner
Komisaris Independen Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Independent Commissioner
Komisaris Independen Onny Widjanarko Onny Widjanarko Independent Commissioner
Komisaris Independen Edmund Tondobala Edmund Tondobala Independent Commissioner
Komisaris Ongki Wanadjati Dana Ongki Wanadjati Dana Commissioner
Komisaris Independen Marita Alisjahbana*) - Independent Commissioner
Direksi Board of Directors
Direktur Utama Henoch Munandar Henoch Munandar President Director
Wakil Direktur Utama Kaoru Furuya Kaoru Furuya Deputy President Director
Wakil Direktur Utama Darmadi Sutanto Darmadi Sutanto Deputy President Director
Direktur Kepatuhan Dini Herdini Dini Herdini Compliance Director
Direktur Atsushi Hino Atsushi Hino Director
Direktur Keishi Kobata Keishi Kobata Director
Direktur Merisa Darwis Merisa Darwis Director
Direktur Hanna Tantani Hanna Tantani Director
*) Marita Alisjahbana diangkat sebagai Komisaris *) Marita Alisjahbana was appointed as Independent Commissioner at
Independen pada RUPS Luar Biasa tanggal 29 Agustus Extraodinary GMS on 29 August 2024 and has been effectively assume
2024 dan efektif menjabat sejak tanggal 2 September the office on 2 September 2024
2024.
Susunan Komite Audit Bank pada tanggal The composition of the Audit Committee as of
31 Desember 2024 dan 2023 terdiri dari: 31 December 2024 and 2023 was as follows:
31 Desember/December
2024 2023
Ketua Ninik Herlani Masli Ridhwan Ninik Herlani Masli Ridhwan Chairman
Anggota Edmund Tondobala Edmund Tondobala Member
Anggota Aria Kanaka Aria Kanaka Member
Anggota Ivan Purnama Sanoesi Ivan Purnama Sanoesi Member
21
Page 432
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
e. Dewan Komisaris, Direksi, Komite Audit, e. Board of Commissioners, Board of
Sekretaris Perusahaan dan Satuan Kerja Directors, Audit Committee, Corporate
Audit Internal (lanjutan) Secretary and Internal Audit Unit (continued)
Sekretaris Perusahaan Corporate Secretary
Sekretaris Perusahaan pada tanggal The Corporate Secretary as of
31 Desember 2024 dan 2023 adalah Eneng 31 December 2024 and 2023 was Eneng Yulie
Yulie Andriani. Andriani.
Satuan Kerja Audit Internal Internal Audit Unit
Kepala Satuan Kerja Audit Internal pada Head of Internal Audit as of
tanggal 31 Desember 2024 adalah Anke 31 December 2024 was Anke Subandy and as
Subandy dan pada tanggal 31 Desember 2023 of 31 December 2023 was Nurhajati Soerjo
adalah Nurhajati Soerjo Hadi. Hadi.
f. Entitas Anak f. Subsidiaries
Bank mempunyai kepemilikan pada entitas The Bank has ownership in the following
anak sebagai berikut: subsidiaries:
Tahun
Persentase kepemilikan/ mulai operasi Jumlah aset/
Percentage of ownership komersial/ Total assets
year of
Bidang usaha/ starting
Entitas Anak/ Domisili/ Business 31 Desember/ 31 Desember/ commercial 31 Desember/ 31 Desember/
Subsidiaries Domicile activities December 2024 December 2023 operations December 2024 December 2023
Perbankan/
PT BANK BTPN SYARIAH Tbk Jakarta Banking 70.0% 70.0% 2014 21,736,656 21,412,505)
PT BTPN SYARIAH Modal Ventura/
VENTURA* Jakarta Venture Capital 70.3% 70.3% 2022 308,421 320,596)
Pembiayaan/
PT Oto Multiartha Jakarta Financing 51.0% - 1994 15,680,599 -)
Pembiayaan/
PT Summit Oto Finance Jakarta Financing 51.0% - 1990 15,065,078 -)
Kepemilikan tidak langsung melalui PT BANK BTPN SYARIAH Tbk Indirect ownership through PT BANK BTPN SYARIAH Tbk of 69.3% and
sebesar 69,3% dan kepemilikan langsung sebesar 1,0%. direct ownership of 1.0%.
PT BANK BTPN SYARIAH Tbk (”BTPNS”) PT BANK BTPN SYARIAH Tbk (“BTPNS”)
PT BANK BTPN SYARIAH Tbk berkantor pusat PT BANK BTPN SYARIAH Tbk’s head office is
di Menara SMBC, lantai 12, CBD Mega located at Menara SMBC 12th floor, CBD Mega
Kuningan, Jl. Dr. Ide Anak Agung Gde Agung Kuningan, Jl. Dr. Ide Anak Agung Gde Agung
Kav 5.5 - 5.6, Jakarta Selatan 12950. Kav 5.5 - 5.6, Jakarta Selatan 12950.
Pada tanggal 19 Juli 2013, Bank Indonesia On 19 July 2013, Bank Indonesia approved the
menyetujui rencana Bank untuk melakukan Bank’s plan to acquire 70% shares of PT Bank
akuisisi sebesar 70% saham PT Bank Sahabat Sahabat Purba Danarta (“BSPD”) through its
Purba Danarta (”BSPD”) melalui suratnya letter No. 15/10/DPBI/PBI-5/rahasia which is
No. 15/10/DPBI/PBI-5/Rahasia dengan syarat subject to the change of BSPD’s business
dilakukan perubahan atas kegiatan usaha dari activites from a conventional bank into a
BSPD yang semula merupakan bank commercial bank under sharia principles.
konvensional menjadi bank umum berdasarkan
prinsip syariah.
Berdasarkan Akta Notaris No. 26 dan No. 27 Based on Notarial Deed No. 26 and No. 27
tanggal 30 Januari 2014 yang dibuat di dated 30 January 2014 before Hadijah S.H.,
hadapan Hadijah S.H., M.Kn, notaris di Jakarta, M.Kn., notary in Jakarta, the Bank has acquired
Bank telah melakukan akuisisi atas BTPNS dan BTPNS and has become the majority
menjadi pemegang saham mayoritas. Hal ini shareholder. It was acknowledged by the
telah diketahui oleh Kementerian Hukum dan Ministry of Law and Human Rights of Republic
Hak Asasi Manusia Republik Indonesia melalui Indonesia through its letter No. AHU-AH.01.10-
surat No. AHU-AH.01.10-04338 tertanggal 04338 dated 12 February 2014.
12 Februari 2014.
22
Page 433
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Pemisahan Unit Usaha Syariah Spin off of Sharia Business Unit
Pada tanggal 20 Januari 2014, Rapat Umum On 20 January 2014, the Bank’s Extraordinary
Pemegang Saham Luar Biasa Bank yang General Meeting of Shareholders which was
diaktakan dengan Akta Notaris No. 8 tanggal notarised by Notarial Deed No. 8 dated 4 July
4 Juli 2014 di hadapan Hadijah, S.H., M.Kn., 2014 before Hadijah, S.H., M.Kn., notary in
notaris di Jakarta dan telah menyetujui Jakarta approved the spin-off of the sharia
pemisahan Unit Usaha Syariah PT Bank business unit of PT Bank Tabungan Pensiunan
Tabungan Pensiunan Nasional Tbk (“UUS Nasional Tbk (“UUS BTPN”) from PT Bank
BTPN”) dari PT Bank Tabungan Pensiunan Tabungan Pensiunan Nasional Tbk (“BTPN”).
Nasional Tbk (“BTPN”). Pemisahan dilakukan The spin-off was made with reference to Bank
dengan mengacu kepada Peraturan Bank Indonesia Regulation No.11/10/PBI/2009 which
Indonesia No. 11/10/PBI/2009 yang telah has been amended by PBI No. 15/14/PBI/2013
diubah dengan PBI No. 15/14/PBI/2013 tentang regarding Sharia Business Unit. The
Unit Usaha Syariah. Pendirian tersebut telah establishment has been approved by Bank
disetujui oleh Bank Indonesia melalui dua Indonesia in two stages, i.e. the approval of the
tahap, yaitu persetujuan izin konversi dan izin conversion permit and spin-off permit.
pemisahan.
Proses Konversi Izin Usaha Conversion of business license
Pada tanggal 22 Mei 2014, Bank mendapatkan On 22 May 2014, the Subsidiary received its
izin dari Bank Indonesia untuk melaksanakan permit from Bank Indonesia regarding
konversi BSPD berdasarkan Surat Keputusan conversion of BSPD based on the Decision
Dewan Komisioner Otoritas Jasa Keuangan Letter of Board of Commissioner of Otoritas
(“OJK”) No.Kep-49/D-03/2014. Izin tersebut Jasa Keuangan (“OJK”) No.Kep-49/D-03/2014.
mengubah kegiatan usaha BTPNS dari bank The permit changed BTPNS’s business
umum konvensional menjadi bank umum yang activities from conventional commercial bank to
melaksanakan kegiatan usaha berdasarkan commercial bank which conducts business
prinsip syariah. activities based on sharia principles.
Pada tanggal 23 Juni 2014, BTPNS On 23 June 2014, BTPNS received its spin-off
memperoleh izin pemisahan dari OJK permit from OJK based on the Letter
berdasarkan Surat No: S-17/PB.1/2014. No: S - 17/PB.1/2014. The spin-off of UUS
Pemisahan UUS BTPN dilakukan dengan Akta BTPN was made under Spin-off Deed No. 8
Pemisahan No. 8 tanggal 4 Juli 2014 yang dated 4 July 2014 and was notarised by
dibuat di hadapan Hadijah, S.H., M.Kn., notaris Hadijah, S.H., M.Kn., notary in Jakarta.
di Jakarta. Selanjutnya, pemisahan terjadi Furthermore, the spin-off became effective on
secara efektif pada tanggal 14 Juli 2014 dan 14 July 2014 and BTPNS started its operational
BTPNS memulai kegiatan usaha berdasarkan activity based on sharia principles, as reported
prinsip syariah, sebagaimana yang dilaporkan to Bank Indonesia through
kepada Bank Indonesia dengan surat its letter No. S.031/DIR/LG/VII/2014 dated
No. S.031/DIR/LG/VII/2014 tanggal 17 Juli 17 July 2014 regarding the Report on the
2014 perihal Laporan Pelaksanaan Pembukaan Implementation of the Opening of Sharia
Bank Umum Syariah Hasil Pemisahan. Commercial Bank Resulting from the Spin-Off.
23
Page 434
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Perubahan Nama PT BANK BTPN SYARIAH PT BANK BTPN SYARIAH Tbk’s Change of
Tbk Name
Berdasarkan Akta Notaris No. 25 tanggal Pursuant to the Notarial Deed No. 25 dated
27 Agustus 2013 juncto Akta Notaris No. 30 27 August 2013 juncto Notarial Deed No. 30
tanggal 25 September 2013 keduanya dibuat di dated 25 September 2013 before Hadijah, S.H.,
hadapan Notaris Hadijah, S.H., M.Kn., BSPD M.Kn., BSPD changed its name to PT Bank
mengubah namanya menjadi PT Bank Tabungan Pensiunan Nasional Syariah. The
Tabungan Pensiunan Nasional Syariah. above change was approved by the Minister of
Perubahan di atas telah mendapat persetujuan Law and Human Rghts of the Republic of
dari Menteri Hukum dan Hak Asasi Manusia Indonesia through its letter No.
Republik Indonesia melalui Surat Keputusan AHU-50529.AH.01.02 Year 2013 dated
No. AHU-50529.AH.01.02 Tahun 2013 tanggal 1 October 2013 and has been published in State
1 Oktober 2013 dan telah diumumkan dalam Gazette No.94 year 2013, in supplement of the
Berita Negara Republik Indonesia Nomor 94 State Gazette No. 124084 dated
tahun 2013, tambahan Berita Negara Republik 22 November 2013.
Indonesia No. 124084 tanggal
22 November 2013.
BTPNS mengubah kembali namanya menjadi BTPNS further changed its name to
PT BANK BTPN SYARIAH Tbk sebagaimana PT BANK BTPN SYARIAH Tbk pursuant to the
didasarkan pada Akta No. 26 tanggal 16 April Notarial Deed No. 26 dated 16 April 2020,
2020, yang dibuat di hadapan Ashoya Ratam, before Ashoya Ratam, SH, MKn, Notary in
S.H., M.Kn., Notaris di Jakarta Selatan, yang Administrative City of South Jakarta, which was
telah mendapat persetujuan dari Kementerian approved by the Minister of Law and Human
Hukum dan Hak Asasi Manusia Republik Rights of the Republic of Indonesia through its
Indonesia berdasarkan Surat letter No. AHU- 0034666.AH.01.02.TAHUN
No. AHU-0034666.AH. 01.02.TAHUN 2020 2020 dated 8 May 2020 and the Letter of
tanggal 8 Mei 2020, dan Surat Penerimaan Acceptance of the amendment to the Articles of
Pemberitahuan Perubahan Anggaran Dasar Association No. No. AHU-AH.01.03-0214020
No. AHU-AH.01.03-0214020 tanggal 8 Mei dated 8 May 2020, The change of name of the
2020, dan telah mendapatkan persetujuan BTPNS has been approved based on the letter
Perubahan Nama ini berdasarkan Surat dari from the Financial Services Authority (“OJK”)
Otoritas Jasa Keuangan (OJK) nomor number S-66/PB.101/2020 dated 4 June 2020
S-66/PB.101/2020 tanggal 4 Juni 2020 perihal concerning the determination of the use of
Permohonan Penetapan Penggunaan Izin Business License on behalf PT Bank Tabungan
Usaha karena Perubahan Nama PT Bank Pensiunan Nasional Syariah Tbk into PT BANK
Tabungan Pensiunan Nasional Syariah Tbk BTPN SYARIAH Tbk and the Copy of Approval
menjadi PT BANK BTPN SYARIAH Tbk dan of Deputi Komisioner Pengawas Perbankan I
Salinan Keputusan Deputi Komisioner OJK Number KEP-99/PB.1/2020 dated 4 June
Pengawas Perbankan I OJK Nomor KEP- 2020.
99/PB.1/2020 tanggal 4 Juni 2020.
Anggaran Dasar Articles of Association
Setelah menjadi Bank Umum Syariah, BTPNS Upon becoming Sharia Commercial Bank, of
telah melakukan beberapa kali perubahan BTPNS had amended its Articles of Association
Anggaran Dasar. Perubahan terakhir Anggaran several times. The latest amendment to the
Dasar BTPNS sebagaimana tercantum dalam Articles of Association of BTPNS is stated in deed
Akta No. 46 tanggal 20 Maret 2024, yang dibuat No. 46 dated 20 Maret 2024, which was notarised
di hadapan Ashoya Ratam, S.H., M.Kn., notaris by Ashoya Ratam, S.H., M.Kn., notary in Jakarta
di Jakarta, penyesuaian dengan POJK No. 17 adjustment to OJK Regulation No. 17 year 2023
tahun 2023 tentang Penerapan Tata Kelola Regarding the implementation of governance for
Bank Umum. Akta tersebut telah memperoleh commercial banks. The deed was approved by
persetujuan Menteri Hukum dan Hak Asasi Minister of Law and Human Rights of the Republic
Manusia Republik Indonesia berdasarkan Surat of Indonesia through its Letter of Acceptance of
Penerimaan Pemberitahuan Perubahan the amendment to the Articles of Association No.
Anggaran Dasar No. AHU-AH.01.03-0089433 AHU-AH.01.03-0089433 dated 19 April 2024.
tanggal 19 April 2024.
24
Page 435
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Susunan Direksi, Dewan Komisaris dan Board of Directors, Board of Commissioners
Dewan Pengawas Syariah and Sharia Supervisory Board
Susunan terkini Direksi, Dewan Komisaris dan The latest composition of the Board of Directors,
Dewan Pengawas Syariah BTPNS the Board of Commissioners and the Sharia
sebagaimana dituangkan ke dalam Akta Supervisory Board of BTPNS as specified in the
Pernyataan Keputusan Rapat Umum Deed of Statement of Resolutions of the Annual
Pemegang Saham Tahunan PT BANK BTPN General Meeting of Shareholders of PT BANK
SYARIAH Tbk Nomor 46 tanggal 27 April 2023 BTPN SYARIAH Tbk Number 46 dated 27 April
yang dibuat oleh Ashoya Ratam, SH, MKn, 2023 made by Ashoya Ratam, SH, MKn, Notary
Notaris di Kota Administrasi Jakarta Selatan in Administrative City of South Jakarta and has
dan telah diterima dan dicatat di dalam Sistem been received and recorded in Legal Entity
Administrasi Badan Hukum melalui Surat Administration System through Decree Letter of
Keputusan Menteri Hukum dan Hak Asasi Minister of Law and Human Rights of the
Manusia Republik Indonesia Nomor No. Republic of Indonesia No.
AHU-AH.01.09-0112846 tanggal 27 April 2023 AHU-AH.01.09-0112846 dated 27 April 2023
perihal Penerimaan Pemberitahuan Perubahan regarding Receipt of Notification on the Change
Data Perseroan PT BANK BTPN SYARIAH of Data of Company of PT BANK BTPN
Tbk. SYARIAH Tbk.
Maksud dan Tujuan serta Kegiatan Usaha The Objectives and Scope of Activities
Sesuai dengan pasal 3 Anggaran Dasar In accordance with article 3 of the Articles of
BTPNS, maksud dan tujuan serta kegiatan Association of BTPNS, the objective and scope
BTPNS adalah melakukan kegiatan usaha di of activities of BTPNS is to engage in banking
bidang perbankan berdasarkan prinsip syariah. industry based on sharia principles.
Penawaran Umum Perdana Saham Initial Public Offering
Berdasarkan Rapat Umum Pemegang Saham Pursuant to the Circular Resolution of the
Luar Biasa (RUPSLB) BTPNS yang dilakukan Shareholders in lieu of the Extraordinary
melalui surat edaran resolusi pemegang saham General Meeting of Shareholders (EGMS) of
pada tanggal 16 November 2017, para BTPNS dated 16 November 2017, the
pemegang saham menyetujui rencana shareholders approved the plan to conduct
Penawaran Umum Saham Perdana Biasa Initial Public Offering of Ordinary Shares to
kepada masyarakat melalui pasar modal serta public through capital market and listing of the
melakukan pencatatan saham Bank di Bursa Subsidiary’s shares at the Indonesia Stock
Efek Indonesia. Pada tanggal 25 April 2018, Exchange. On 25 April 2018, BTPNS obtained
BTPNS memperoleh pernyataan efektif dari the effective notification from OJK through letter
OJK dengan surat No. S-36/D-04/2018 untuk No. S-36/D-04/2018 for this initial public
penawaran umum saham perdana tersebut. offering.
BTPNS melakukan penawaran umum perdana BTPNS undertook an initial public offering of
atas 770.370.000 saham dengan nilai nominal 770,370,000 shares with a nominal value of
sebesar Rp 100 (nilai penuh) setiap saham Rp 100 (full amount) per share with offering
dengan harga penawaran setiap saham price of Rp 975 (full amount) per share to the
sebesar Rp 975 (nilai penuh) kepada public in Indonesia. The shares were listed at
masyarakat di Indonesia. Saham tersebut the Indonesia Stock Exchange on
dicatat di Bursa Efek Indonesia pada tanggal 8 May 2018. The funds received by BTPNS
8 Mei 2018. Dana yang diterima oleh BTPNS from the initial public offering amounting to
atas penawaran umum perdana adalah sebesar Rp 735,020 (net of issuance costs and tax).
Rp 735.020 (setelah biaya emisi dan pajak).
Atas tambahan saham yang diterbitkan In relation to the additional shares issued in
sehubungan dengan penawaran umum connection with the initial public offering of the
perdana BTPNS kepada publik, jumlah BTPNS to the public, the Bank's ownership in
kepemilikan Bank atas BTPNS menurun dari BTPNS decreased from 70% to 63%.
70% menjadi 63%.
25
Page 436
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BANK BTPN SYARIAH Tbk (lanjutan) PT BANK BTPN SYARIAH Tbk (continued)
Akuisisi dari kepentingan non-pengendali Acquisition of non-controlling interest of PT
pada PT BANK BTPN SYARIAH Tbk BANK BTPN SYARIAH Tbk
Pada tanggal 11 Mei 2018, Bank mengakuisisi On 11 May 2018, the Bank acquired 7% shares
7% saham atas BTPNS dengan imbalan of BTPNS for a purchase consideration of
pembelian sebesar Rp 550.045. Kepentingan Rp 550,045. The non-controlling interest in
non-pengendali BTPNS pada tanggal akuisisi BTPNS on the date of acquisition was
adalah Rp 525.778. Dengan demikian, Rp 525,778. Therefore, the Bank’s ownership in
kepemilikan Bank atas BTPNS kembali menjadi BTPNS became 70%. The effect of changes in
70%. Dampak perubahan atas kepemilikan the ownership interest of BTPNS was as follows:
saham BTPNS adalah sebagai berikut:
2018
Kepentingan non-pengendali yang diakuisisi 525,778) Non-controlling interest acquired
Imbalan yang dibayarkan kepada kepentingan
non-pengendali (550,045) Consideration paid to non-controlling interest
Selisih lebih imbalan uang dibayarkan yang Excess of consideration
(24,267)
diakui pada ekuitas Bank paid as recorded in the Bank’s equity
Dampak transaksi dengan kepentingan non- Effects of transactions with non-controlling
pengendali pada ekuitas adalah sebagai interests on the equity was as follows:
berikut:
2018
Perubahan pada ekuitas: ) Changes in equity:
- Dampak atas penawaran umum
Perdana 209,242) Effect on initial public offering -
- Akuisisi saham tambahan pada Acquisition of additional interest in -
BTPNS (24,267) BTPNS
Dampak bersih pada ekuitas 184,975) Net effect in equity
Pembagian dividen tunai oleh PT BANK Cash dividend distribution by PT BANK
BTPN SYARIAH Tbk BTPN SYARIAH Tbk
BTPNS membagikan dividen untuk tahun buku BTPNS distributed dividend for financial year
2023 kepada para pemegang saham sebesar 2023 to shareholders amounting Rp 540,397 or
Rp 540.397 atau Rp 70,15 (nilai penuh) per Rp 70.15 (full amount) per share. Cash dividend
lembar saham. Dividen tunai yang dibayarkan was paid at the amount of Rp 525,231 with tax
senilai Rp 525.231 dengan pajak dividen on dividend amounting to Rp 15,166. On 19 April
sebesar Rp 15.166. Pada tanggal 19 April 2024, 2024, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi dividen tunai kepada based on the recording date of 2 April 2024.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 2 April 2024.
BTPNS membagikan dividen untuk tahun buku BTPNS distributed dividend for financial year
2022 kepada para pemegang saham sebesar 2022 to shareholders amounting Rp 712,535 or
Rp 712.535 atau Rp 92,50 (nilai penuh) per Rp 92.50 (full amount) per share. Cash dividend
lembar saham. Dividen tunai yang dibayarkan was paid at the amount of Rp 681,151 with tax
senilai Rp 681.151 dengan pajak dividen on dividend amounting to Rp31,384. On 12 May
sebesar Rp 31.384. Pada tanggal 12 Mei 2023, 2023, PT Kustodian Sentral Efek Indonesia has
PT Kustodian Sentral Efek Indonesia telah distributed cash dividends to Shareholders
melakukan distribusi deviden tunai kepada based on the recording date of 2 May 2023.
Pemegang Saham berdasarkan tanggal
pencatatan tanggal 2 Mei 2023.
26
Page 437
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT BTPN SYARIAH VENTURA PT BTPN SYARIAH VENTURA
PT BTPN SYARIAH VENTURA (BTPNS PT BTPN SYARIAH VENTURA (BTPNS
Ventura) berkantor di Jl. Radio Dalam No.100, Ventura)’s office is located at Jl. Radio Dalam
Kebayoran Baru, Jakarta Selatan 12140. No.100, Kebayoran Baru, Jakarta Selatan 12140.
Berdasarkan Akta Pendirian Nomor 36 tanggal Based on the Deed of Establishment Number
21 Oktober 2021 yang dibuat dihadapan Notaris 36 dated 21 October 2021, drawn up before
Ashoya Ratam, S.H., Mkn, Notaris di Jakarta Notary Ashoya Ratam, S.H., Mkn, Notary in
dan telah mendapat persetujuan dari Menteri Jakarta and has received approval from the
Hukum dan Hak Asasi Manusia Republik Minister of Law and Human Rights of the
Indonesia dalam Surat Keputusan No. Republic of Indonesia in Decree No.
AHU-0066702.AH.01.01.Tahun 2021 tanggal AHU-0066702.AH.01.01.Year 2021 dated
22 Oktober 2021, telah dibentuk entitas anak 22 October 2021, a subsidiary of PT BANK
dari PT BANK BTPN SYARIAH Tbk. BTPN SYARIAH Tbk.
Susunan Pemegang Saham terakhir BTPNS The latest composition of the Shareholders of
Ventura adalah sebagaimana dituangkan ke BTPNS Ventura is as specified in the Deed No.
dalam Akta No. 10 tanggal 10 Maret 2022 yang 10 dated 10 March 2022 made by Ashoya
dibuat oleh Ashoya Ratam, S.H., M.Kn., notaris Ratam, S.H., M.Kn., notary in Jakarta and has
di Jakarta dan telah diterima dan dicatat di dalam been received and recorded in Legal Entity
Sistem Administrasi Badan Hukum melalui Surat Administration System through Decree Letter of
Keputusan Menteri Hukum dan Hak Asasi Ministry of Law and Human Rights of the
Manusia Republik Indonesia No. Republic of Indonesia Number No.
AHU-AH.01.03-0158924 tanggal 10 Maret 2022. AHU-AH.01.03-0158924 dated 10 March 2022.
Sedangkan Susunan Dewan Komisaris, Direksi Whereas the latest composition of the Board of
dan Dewan Pengawas Syariah BTPNS Ventura Commissioners, the Board of Directors and the
terakhir adalah sebagaimana dituangkan Sharia Supervisory Board of BTPNS Ventura is as
kedalam akta Pernyataan Keputusan diluar Rapat specified in the in the Deed of Circular Resolution of
Umum Pemegang Saham nomor 49 tanggal the General Meeting of Shareholders number 49
20 Maret 2024 yang dibuat oleh Ashoya Ratam, dated 20 March 2024, made by Ashoya Ratam, S.H.,
S.H., M.Kn., notaris di Jakarta dan telah diterima M.Kn., notary in Jakarta and has been received and
dan dicatat di dalam Sistem Administrasi Badan recorded in Legal Entity Administration System
Hukum melalui Surat Keputusan Menteri Hukum through Decree Letter of Ministry of Law and Human
dan Hak Asasi Manusia Republik Indonesia No. Rights of the Republic of Indonesia Number No.
AHU-AH.01.09-0135500 tanggal 3 April 2024. AHU-AH.01.09-0135500 dated 3 April 2024.
BTPNS Ventura telah mendapatkan perijinan BTPNS Ventura has obtained operational
operasional dari Otoritas Jasa Keuangan melalui permits from the Financial Services Authority by
Surat Keputusan Anggota Dewan Komisaris means of letter Number KEP-23/D.05/2022
Nomor KEP-23/D.05/2022 tanggal 20 Mei 2022 dated 20 May 2022, regarding the Granting of
tentang Pemberian Izin Usaha Perusahaan Modal Business Permit of Sharia Venture Capital
Ventura Syariah kepada PT BTPN SYARIAH Company to PT BTPN SYARIAH VENTURA
VENTURA dan efektif menjalankan kegiatan and effectively carried out its operational
operasionalnya pada tanggal 30 Mei 2022. activities on 30 May 2022.
Tujuan pendirian BTPNS Ventura adalah untuk The purpose of establishing BTPNS Ventura is
menunjang kegiatan usaha dan aspirasi Entitas to support the business activities and aspiration
Anak dalam mewujudkan digital ekosistem bagi of the Subsidiary in realizing a digital ecosystem
segmen yang dilayaninya. for the segment it served.
BTPNS Ventura merupakan perusahaan yang BTPNS Ventura is a company that carries out
melakukan kegiatan usaha modal ventura the sharia venture capital business activities,
syariah, pengelolaan dana ventura, dan venture fund management, and other business
kegiatan usaha lain dengan persetujuan activities upon approval from relevant
Otoritas terkait yang seluruhnya dilaksanakan authorities, all of which are carried out based on
berdasarkan prinsip syariah. sharia principles.
27
Page 438
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha PT Oto Multiartha
PT Oto Multiartha (”OTO") berkantor di Gedung PT Oto Multiartha (“OTO”) is located at
Summitmas II, Lantai 18, Jl. Jendral Sudirman Summitmas Tower II, Floor 18, Jl. Jendral
Kav.61-62, Jakarta, Indonesia Sudirman Kav.61-62, Jakarta, Indonesia
OTO didirikan dengan nama PT Manunggal OTO, formerly PT Manunggal Multi Finance,
Multi Finance berdasarkan akta No. 245 was established by virtue of notarial deed
tanggal 28 Maret 1994 yang dibuat di hadapan No. 245 dated 28 March 1994 of Wiwiek
Widjajanti, S.H., candidate notary, a substitute
Wiwiek Widjajanti, S.H., selaku notaris notary of Ny. Erly Soehandjojo, S.H., notary
kandidat, pengganti dari Ny. Erly Soehandjojo, public in Jakarta. This notarial deed was
S.H., notaris di Jakarta. Akta notaris ini telah approved by Minister of Justice of the Republic
disahkan oleh Menteri Kehakiman Republik of Indonesia (currently Minister of Law and
Indonesia (sekarang Menteri Hukum dan Hak Human Rights) in its Decision Letter
Asasi Manusia) melalui Surat Keputusan No. C2-6033.HT.01.01.Th.94 dated 16 April
1994, and was published in Supplement
No. C2-6033.HT.01.01.Th.94 tanggal 16 April No. 4902 to State Gazette of the Republic of
1994, dan telah diumumkan dalam Tambahan Indonesia No. 60 dated 29 July 1994.
No. 4902 pada Berita Negara Republik
Indonesia No. 60 tanggal 29 Juli 1994.
OTO memperoleh izin usaha sebagai lembaga OTO obtained its business license as a
pembiayaan dari Menteri Keuangan Republik financing company from the Minister of Finance
Indonesia melalui Surat Keputusan of the Republic Indonesia in its Decision Letter
No. 556/KMK.017/1994 dated 10 November
No. 556/KMK.017/1994 tanggal 10 November 1994, which has been changed based on letter
1994, yang telah diubah berdasarkan surat No. No. S-6316/LK/1995 dated 5 December 1995.
S-6316/LK/1995 tanggal 5 Desember 1995. OTO OTO commenced its commercial operations in
memulai kegiatan komersialnya pada tahun 1994, 1994, and is currently engaged in consumer
dan saat ini bergerak dalam bidang pembiayaan financing.
konsumen.
Berdasarkan perubahan anggaran dasar yang Based on the latest amendment Articles of
terakhir sebagaimana disebutkan dalam akta Association as stated in the notarial deed No.
No. 23 tanggal 27 Maret 2024 yang dibuat di 23 dated 27 March 2024 of Aryanti Artisari,
hadapan Aryanti Artisari, S.H., M.KN, notaris di S.H., M.KN, notary public in Jakarta, concerning
Jakarta, mengenai perubahan pemegang the change shareholder of OTO, therefore the
saham OTO sehingga komposisi pemegang shareholder composition is consist of PT BANK
saham OTO menjadi PT BANK BTPN Tbk BTPN Tbk (currently PT Bank SMBC Indonesia
(sekarang PT Bank SMBC Indonesia Tbk) Tbk) with ownership of shares series B
dengan kepemilikan saham seri B sebanyak amounted 473,640,735 shares or 51%,
473.640.735 lembar atau 51%, PT Summit PT Summit Auto Group with ownership of
Auto Group dengan kepemilikan saham seri B shares series B amounted 315,760,490 shares
sebanyak 315.760.490 lembar atau 34% dan or 34% and PT Sinar Mas Multiartha Tbk with
PT Sinar Mas Multiartha Tbk dengan ownership of shares series A amounted
kepemilikan saham seri A sebanyak 139,306,099 shares or 15%. This Articles of
139.306.099 atau 15%. Pada anggaran dasar Association also change the term of office of
ini juga terdapat perubahan masa jabatan Board of Directors to 3 years and changes in
direksi menjadi 3 tahun dan perubahan interim dividend. This amendment has been
ketentuan dividen interim. Akta perubahan ini informed and received by the Minister of Law
telah diberitahukan dan diterima oleh Menteri and Human Rights of the Republic of Indonesia
Hukum dan Hak Asasi Manusia Republik based on Receipt Letter No. AHU-AH.01.03-
Indonesia berdasarkan Surat Penerimaan 0075020 and AHU-AH.01.09-124682, both
Pemberitahuan No. AHU-AH.01.03-0075020 dated 27 March 2024.
dan AHU-AH.01.09-124682, keduanya masing-
masing tertanggal 27 Maret 2024.
28
Page 439
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Akuisisi PT Oto Multiartha Acquisition of PT Oto Multiartha
Pada tanggal 27 Maret 2024, Bank mengakuisisi On 27 March 2024, the Bank acquired 51% of
51% saham biasa (saham seri B) OTO dengan OTO’s ordinary shares (series B shares) for a
nominal pembelian sebesar Rp 3.926.955. purchase amounted to Rp 3,926,955.
Saham preferen tidak diperhitungkan dalam The preference shares are not taken into account in
pembagian laba bersih antara entitas induk dengan the distribution of net profit between the parent entity
kepentingan non-pengendali sehingga pembagian and non-controlling interests so that the distribution
laba bersih hanya untuk 85% saham biasa (saham of net profit is only for 85% ordinary shares (series
seri B). Oleh karena itu, Bank berhak atas laba B shares). Therefore, the Bank is entitled for OTO’s
bersih OTO sebesar 60% (yang merupakan hasil net profit of 60% (which represents the divided
pembagian antara 51% kepemilikan dari total 85% amount of 51% ownership of total 85% ordinary
saham biasa). Dampak perubahan atas shares). The effect of changes in the ownership
kepemilikan saham OTO adalah sebagai berikut: interest of OTO was as follows:
2024
Jumlah aset bersih yang teridentifikasi 5,598,214) Total identifiable net assets
Kepentingan non pengendali (2,325,485) Non-controlling interests
Total nilai aset neto yang diakuisisi 3,272,729) Total net asset acquired
Penyesuaian nilai wajar: Fair value adjustment:
Piutang pembiayaan 20,916) Financing receivables
Aset takberwujud: Intangible assets:
- Merek dagang 33,827) Trademarks -
- Hubungan pelanggan 55,418) Customer relationship -
- Piranti lunak 32,929) Software -
Aset pajak tangguhan (31,480) Deferred tax asset
Nilai wajar aset neto 3,384,339) Fair value of net assets
Imbalan yang dibayarkan (3,926,955) Consideration paid
Goodwill - posisi bersih (542,616) Goodwill - net basis
Tabel berikut ini merangkum jumlah aset yang The following table summarized the amounts of
diperoleh dan liablitas yang diambil alih pada the assets required and liabilities assumed on
tanggal akuisisi: the acquisition date:
2024
ASET ) ASSETS
Kas 5,554 Cash
Giro pada bank-bank lain 267,593 Curent accounts with other banks
Penempatan pada bank-bank lain 281,414 Placement with other banks
Tagihan derivatif 144,200 Derivative receivables
Piutang pembiayaan 13,841,631 Financing receivables - net
Beban dibayar dimuka 44,531 Prepaid expense
Pajak dibayar dimuka 140,863 Prepaid taxes
Aset pajak tangguhan 9,344 Deferred tax assets
Aset tetap 369,192 Fixed assets
Aset takberwujud 176,009 Intangible assets
Aset lain-lain 279,617 Other assets
Jumlah aset 15,559,948 Total assets
LIABILITAS LIABILITIES
Liablitas derivatif 110,017 Derivative payables
Utang pajak 32,127 Taxes payables
Efek-efek yang diterbitkan 994,355 Securities issued
Pinjaman yang diterima 8,432,707 Borrowings
Akrual 22,028 Accruals
Liabilitas imbalan kerja karyawan 156,592 Employee benefits liabilities
Liabilitas sewa 34,131 Lease liabilities
Liabilitas lain-lain 179,777 Other liabilities
Jumlah liabilitas 9,961,734 Total liabilities
Jumlah aset bersih yang teridentifikasi 5,598,214 Total identifiable net assets
29
Page 440
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Oto Multiartha (lanjutan) PT Oto Multiartha (continued)
Pembagian dividen tunai oleh PT Oto Multiartha Cash dividend distribution by PT Oto Multiartha
OTO memiliki 2 jenis saham yaitu saham seri A OTO has 2 types of shares, which are series A
dan saham seri B. Saham seri A adalah jenis share and series B share. Series A shares are
saham preferen sedangkan saham seri B preference shares while series B shares are
adalah jenis saham biasa. Pemegang saham common shares. The shareholders of series A
seri A berhak untuk menerima dividen non- shares are entiled to receive a non-cumulative
kumulatif lebih dahulu dari pemegang saham dividend earlier than other shareholders in the
klasifikasi lain dalam jumlah yang akan amount that will be determined by the general
ditentukan oleh Rapat Umum Pemegang meeting of shareholders.
Saham.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Oto Multiartha tanggal 20 Juni PT Oto Multiartha on 20 June 2024, the
2024, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 27.890. Rp 27,890.
PT Summit Oto Finance PT Summit Oto Finance
PT Summit Oto Finance (“SOF”) berkantor di PT Summit Oto Finance (“SOF”)’s office is located
Gedung Summitmas II, Lantai 8, Jl. Jendral at Summitmas Tower II, Floor 8, Jl. Jendral
Sudirman Kav.61-62, Jakarta, Indonesia. Sudirman Kav.61-62, Jakarta, Indonesia.
SOF didirikan dengan nama PT Summit Sinar SOF was established formerly under name of
Mas Finance, berdasarkan akta No. 214 PT Summit Sinar Mas Finance based on notarial
tanggal 20 September 1990, yang diubah deed No. 214 dated 20 September 1990 as
dengan akta No. 194 tanggal 22 Oktober 1990
yang keduanya dibuat di hadapan Mudofir Hadi, amended by notarial deed No. 194 dated
S.H., notaris di Jakarta. Akta notaris ini telah 22 October 1990 of Mudofir Hadi, S.H., notary
disahkan oleh Menteri Kehakiman Republik public in Jakarta. This notarial deed of
Indonesia (sekarang Menteri Hukum dan Hak establishment was approved by the Ministry of
Asasi Manusia) dengan Surat Keputusan Justice of the Republic of Indonesia (currently
No..C2-6214.HT.01.01.TH.90 tanggal Ministry of Law and Human Rights) in its Decision
30 Oktober 1990, didaftarkan di Kantor
Pengadilan Negeri Jakarta Selatan dibawah Letter No. C2-6214.HT.01.01.TH.90 dated
No..865/Not/1990/PN.JKT.SEL tanggal 30 October 1990, registered at the South Jakarta
7 November 1990 serta telah dimuat dalam District Court under No. 865/Not/1990/
Tambahan No. 5041 pada Berita Negara PN.JKT.SEL dated 7 November 1990 and was
Republik Indonesia No. 99 tanggal published in Supplement No. 5041 to State
11 Desember 1990. Gazette of the Republic of Indonesia No. 99 dated
11 December 1990.
SOF memperoleh izin usaha sebagai lembaga SOF obtained its business license as a
pembiayaan dari Menteri Keuangan Republik financing company from the Ministry of Finance
Indonesia melalui Surat Keputusan of the Republic of Indonesia in its Decision
No. 1601/KMK.013/1990 tanggal 28 Desember
1990 yang telah diubah dengan Surat Letter No. 1601/KMK.013/1990 dated
Keputusan No. KEP-243/KM.6/2003 tanggal 28 December 1990 which was changed with
30 Juni 2003. SOF saat ini bergerak dalam Decision Letter No. KEP-243/KM.6/2003 dated
bidang pembiayaan konsumen, dan memulai 30 June 2003. SOF is currently engaged in
kegiatan pembiayaan sepeda motor pada tahun consumer financing, and commenced
2003. motorcycles financing operation in 2003.
30
Page 441
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Summit Oto Finance (lanjutan) PT Summit Oto Finance (continued)
Berdasarkan perubahan anggaran dasar Based on the latest amendment of Articles of
terakhir sebagaimana disebutkan dalam akta Association which was effected by notarial deed
No. 22 tanggal 27 Maret 2024 yang dibuat di No. 22 dated 27 March 2024 of Aryanti Artisari,
hadapan Aryanti Artisari, S.H., M.KN, notaris di S.H., M.KN, notary public in Jakarta, concerning
Jakarta, mengenai perubahan pemegang the change shareholder of SOF, therefore the
saham SOF sehingga komposisi pemegang shareholder composition is consist of PT BANK
saham SOF menjadi PT BANK BTPN Tbk BTPN Tbk (currently PT Bank SMBC Indonesia
(sekarang PT Bank SMBC Indonesia Tbk) Tbk) with ownership of shares series B
dengan kepemilikan saham seri B sebanyak amounted 2,490,901 shares or 51%,
2.490.901 lembar atau 51%, PT Summit Auto PT Summit Auto Group with ownership of
Group dengan kepemilikan saham seri B shares series B amounted 1,660,601 shares or
sebanyak 1.660.601 lembar atau 34% dan 34% and PT Sinar Mas Multiartha Tbk with
PT Sinar Mas Multiartha Tbk dengan ownership of shares series A amounted
kepemilikan saham seri A sebanyak 732.618 732,618 shares or 15%. This Articles of
atau 15%. Pada anggaran dasar ini juga Association also change the term of office of
terdapat perubahan masa jabatan direksi Board of Directors to 3 years and changes in
menjadi 3 tahun dan perubahan ketentuan interim dividend provisions. This amendment
dividen interim. Akta perubahan ini telah has been informed and received by the Minister
diberitahukan dan diterima oleh Menteri Hukum of Law and Human Rights of the Republic of
dan Hak Asasi Manusia Republik Indonesia Indonesia based on Receipt Letter No.
berdasarkan Surat Penerimaan Pemberitahuan AHU-AH.01.03-0075025 dan AHU-AH.01.09-
No. AHU-AH.01.03-0075025 dan 124689, both dated 27 March 2024.
AHU-AH.01.09-124689, keduanya masing-
masing tertanggal 27 Maret 2024.
Akuisisi PT Summit Oto Finance Acquisition of PT Summit Oto Finance
Pada tanggal 27 Maret 2024, Bank mengakuisisi On 27 March 2024, the Bank acquired 51% SOF’s
51% saham biasa (saham seri B) SOF dengan ordinary shares (series B shares) for a purchase
imbalan pembelian dengan nominal sebesar amounted to Rp 2,623,788.
Rp 2.623.788.
The preference shares are not taken into account in
Saham preferen tidak diperhitungkan dalam the distribution of net profit between the parent entity
pembagian laba bersih antara entitas induk dengan and non-controlling interests so that the distribution
kepentingan non-pengendali sehingga pembagian of net profit is only for 85% ordinary shares (series B
laba bersih hanya untuk 85% saham biasa (saham shares). Therefore, the Bank is entitled for SOF’s net
seri B). Oleh karena itu, Bank berhak atas laba profit of 60% (which represents the divided amount
bersih SOF sebesar 60% (yang merupakan hasil
pembagian antara 51% kepemilikan dari total 85% of 51% ownership of total 85% ordinary shares). The
saham biasa). Dampak perubahan atas effect of changes in the ownership interest of SOF
kepemilikan saham SOF adalah sebagai berikut: was as follows:
2024
Jumlah aset bersih yang teridentifikasi 4,009,775) Total identifiable net assets
Kepentingan non pengendali (1,827,005) Non-controlling interests
Total nilai aset neto yang diakuisisi 2,182,770) Total net asset acquired
Penyesuaian nilai wajar: Fair value adjustment:
Piutang pembiayaan (351,719) Financing receivables
Aset takberwujud: Intangible assets:
- Merek dagang 27,233) Trademarks -
- Hubungan pelanggan 269,643) Customer relationship -
- Piranti lunak (13,691) Software -
Aset pajak tangguhan 15,078) Deferred tax asset
Nilai wajar aset neto 2,129,314) Fair value of net assets
Imbalan yang dibayarkan (2,623,788) Consideration paid
(494,474)
Goodwill - posisi bersih Goodwill - net basis
31
Page 442
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
PT Summit Oto Finance (lanjutan) PT Summit Oto Finance (continued)
Akuisisi PT Summit Oto Finance (lanjutan) Acquisition of PT Summit Oto Finance
(continued)
Tabel berikut ini merangkum jumlah aset yang The following table summarized the amounts of
diperoleh dan liabilitas yang diambil alih pada the assets acquired and liabilities assumed on
tanggal akuisisi: the acquisition date:
2024
ASET ASSETS
Kas 6,354 Cash
Giro pada bank-bank lain 188,115 Curent accounts with other banks
Penempatan pada bank-bank lain 282,157 Placement with other banks
Tagihan derivatif 187,006 Derivative receivables
Piutang pembiayaan - bersih 12,770,844 Financing receivables - net
Beban dibayar dimuka 87,678 Prepayments
Aset pajak tangguhan 93,919 Deferred tax assets
Aset tetap 90,757 Fixed assets
Aset takberwujud 205,313 Intangible assets
Aset lain-lain 260,671 Other assets
Jumlah aset 14,172,814 Total assets
LIABILITAS LIABILITIES
Liabilitas derivatif 136,504 Derivative payables
Utang pajak 21,286 Taxes payable
Pinjaman yang diterima 9,358,270 Borrowings
Akrual 23,571 Accruals
Liabilitas imbalan kerja karyawan 288,823 Employee benefits liabilities
Liabilitas sewa 37,122 Lease liabilities
Liabilitas lain-lain 297,463 Other liabilities
Jumlah liabilitas 10,163,039 Total liabilities
Jumlah aset bersih teridentifikasi 4,009,775 Total identifiable net assets
Pembagian dividen tunai oleh PT Summit Oto Cash dividend distribution by PT Summit Oto
Finance Finance
SOF memiliki 2 jenis saham yaitu saham seri A SOF has 2 types of shares, which are series A
dan saham seri B. Saham seri A adalah jenis share and series B share. Series A shares are
saham preferen sedangkan saham seri B preference shares while series B shares are
adalah jenis saham biasa. Pemegang saham common shares. The shareholders of series A
seri A berhak untuk menerima dividen non- shares are entiled to receive a non-cumulative
kumulatif lebih dahulu dari pemegang saham dividend earlier than other shareholders in the
klasifikasi lain dalam jumlah yang akan amount that will be determined by the general
ditentukan oleh Rapat Umum Pemegang meeting of shareholders.
Saham.
Berdasarkan Keputusan Secara Sirkuler Based on the Circular Resolution In Lieu of The
Menggantikan Rapat Umum Pemegang Saham Annual General Meeting of the Shareholders of
Tahunan PT Summit Oto Finance tanggal 20 PT Summit Oto Finance on 20 June 2024, the
Juni 2024, pemegang saham setuju untuk shareholders approved to declare and
mengumumkan dan membagikan dividen kas distributes cash dividends amounting to
sebesar Rp 66.730. Rp 66,730.
Biaya terkait Akuisisi PT Oto Multiartha dan Cost related to acquisition of PT Oto Multiartha
PT Summit Oto Finance and PT Summit Oto Finance
Biaya yang terkait dengan akuisisi telah Acquisition-related cost are charged to general
dibebankan pada beban umum dan and administrative expenses in the consolidated
administrasi pada laporan laba rugi statements of profit or loss amounted of
konsolidasian masing-masing sebesar Rp 7,543 and Rp 63,952 for the years ended
Rp 7.543 dan Rp 63.952 untuk tahun-tahun 31 December 2024 and 2023, respectively.
yang berakhir pada tanggal 31 Desember 2024
dan 2023.
32
Page 443
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
f. Entitas Anak (lanjutan) f. Subsidiaries (continued)
Penggunaan informasi keuangan PT Oto Use of financial information PT Oto
Multiartha and PT Summit Oto Finance Multiartha and PT Summit Oto Finance for
untuk laporan keuangan konsolidasian consolidated financial statements
Bank menggunakan laporan keuangan OTO dan The Bank use the OTO and SOF financial
SOF pada tanggal 31 Maret 2024 sebagai saldo statements as of 31 March 2024 as the beginning
awal untuk keperluan penyusunan laporan balance for the purposes of preparing the
keuangan konsolidasian. Manajemen berpendapat consolidated financial statements. Management
bahwa dampak atas penggunaan periode believes that the impact of using this reporting period
pelaporan ini tidak material jika dibandingkan is immaterial when compared to using the
dengan penggunaan tanggal akuisisi sebagai saldo acquisition date as the beginning balance.
awal.
Penghasilan yang termasuk dalam laporan laba Revenue includes in the consolidated statement of
rugi komprehensif konsolidasian yang profit or loss and other comprehensive income
dikontribusikan oleh PT Oto Multiartha dan which contributed by PT Oto Multiartha dan
PT Summit Oto Finance masing-masing sebesar PT Summit Oto Finance amounted Rp 1,838,560
Rp 1.838.560 dan Rp 3.037.849. PT Oto Multiartha and Rp 3,037,849, respectively. PT Oto Multiartha
dan PT Summit Oto Finance juga dan PT Summit Oto Finance also contributed net
mengkontribusikan laba bersih sebesar Rp 30.940 income in the same period amounted Rp 30,940
dan Rp 181.238 selama periode yang sama. and Rp 181,238, respectively.
Jika PT Oto Multiartha dan PT Summit Oto Finance If PT Oto Multiartha and PT Summit Oto Finance
telah dikonsolidasikan sejak 1 Januari 2024, maka have been consolidated since 1 January 2024, then
penghasilan yang termasuk dalam laporan laba the revenue includes in the consolidated statement
rugi komprehensif konsolidasian yang of profit or loss and other comprehensive income
dikontribusikan oleh PT Oto Multiartha dan which contributed by PT Oto Multiartha and
PT Summit Oto Finance masing-masing sebesar PT Summit Oto Finance will be Rp 2,456,502 and
Rp 2.456.502 dan Rp 3.982.714 dan laba bersih Rp 3,982,714, respectively and the net income will
masing-masing sebesar sebesar Rp 53.509 dan be Rp 53,509 and Rp 252,062, respectively.
Rp 252.062.
Akuisisi PT Oto Multiartha dan PT Summit Oto The acquisition of PT Oto Multiartha and
Finance telah dilaksanakan sesuai Peraturan PT Summit Oto Finance has been conducted in
Bapepam-LK No. KEP-347/BL/2012 tanggal accordance with Bapepam-LK Regulation No.
25 Juni 2012 yaitu Peraturan VIII.G.7 tentang KEP-347/BL/2012 dated 25 June 2012,
“Penyajian dan Pengungkapan Laporan Keuangan Regulation No. VIII.G.7 regarding “Presentation
Emiten atau Perusahaan Publik”. and Disclosure of Public Company’s Financial
Statements”.
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES
Kebijakan-kebijakan akuntansi yang material, yang The material accounting policies, applied in the
diterapkan dalam penyusunan laporan keuangan preparation of the consolidated financial
konsolidasian Bank dan Entitas Anaknya (secara statements of the Bank and its subsidiaries
bersama-sama disebut “Grup”) adalah sebagai (together referred to as the “Group”) are as follows:
berikut:
a. Pernyataan Kepatuhan a. Statement of Compliance
Laporan keuangan konsolidasian Grup disusun The consolidated financial statements of the
dan disajikan sesuai dengan Standar Akuntansi Group has been prepared and presented in
Keuangan (“SAK”) Indonesia. accordance with Indonesian Financial
Accounting Standards (“SAK”).
Laporan keuangan konsolidasian juga disusun These consolidated financial statements have also
dan disajikan sesuai dengan peraturan Badan been prepared and presented in accordance with
Pengawas Pasar Modal dan Lembaga Capital Market and Financial Institutions
Keuangan (“BAPEPAM-LK” yang fungsinya Supervisory Agency (“BAPEPAM-LK”, whose
dialihkan kepada OJK sejak tanggal function has been transferred to OJK starting 1
1 Januari 2013) No. VIII.G.7 yang merupakan January 2013) rule No. VIII.G.7, Appendix of the
lampiran keputusan ketua BAPEPAM-LK No. Decree of the Chairman of the BAPEPAM-LK No.
KEP 347/BL/2012 tanggal 25 Juni 2012 tentang KEP-347/BL/2012 dated 25 June 2012 regarding
“Penyajian dan Pengungkapan Laporan “Financial Statements Presentation and
Keuangan Emiten atau Perusahaan Publik”. Disclosure of the Issuer or Public Company”.
33
Page 444
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
a. Pernyataan Kepatuhan (lanjutan) a. Statement of Compliance (continued)
Laporan keuangan konsolidasian ini yang These consolidated financial statements which
merupakan konsolidasian dari laporan represent the consolidation of the financial
keuangan Grup telah disetujui untuk diterbitkan statements of the Group, were authorized for
oleh direksi pada tanggal 28 Februari 2025. issuance by the Board of Directors on 28 February
2025.
Laporan keuangan konsolidasi ini disajikan These consolidated financial statements are
dalam bahasa Indonesia dan Inggris. Dalam hal presented in Indonesian and English languages.
terdapat perbedaan penafsiran akibat Should there be any difference in interpretation
penerjemahan bahasa, maka yang digunakan due to translation, the Indonesian version shall
sebagai acuan adalah dalam Bahasa Indonesia. prevail.
b. Dasar Penyusunan Laporan Keuangan b. Basis for Preparation of Consolidated
Konsolidasian Financial Statements
Laporan keuangan konsolidasian ini disajikan Figures in these consolidated financial
dalam Rupiah, yang merupakan mata uang statements are presented in Rupiah, which is
fungsional Grup. Kecuali dinyatakan secara the Group’s functional currency. Unless
khusus, informasi keuangan yang disajikan otherwise stated, financial information
telah dibulatkan menjadi jutaan Rupiah presented in Rupiah has been rounded to the
terdekat. nearest million.
Laporan keuangan konsolidasian disusun atas The consolidated financial statements have been
basis akrual dengan menggunakan konsep nilai prepared on the accrual basis using the historical
historis, kecuali jika standar akuntansi cost concept, except where the accounting
mensyaratkan pengukuran nilai wajar. standards require fair value measurement.
Laporan arus kas konsolidasian menyajikan The consolidated statements of cash flows
perubahan dalam kas dan setara kas dari present the changes in cash and cash equivalents
aktivitas operasi, investasi dan pendanaan. from operating, investing and financing activities.
Laporan arus kas disusun dengan metode The statements of cash flows are prepared using
langsung. Untuk tujuan laporan arus kas, kas the direct method. For the purpose of the
dan setara kas meliputi kas, giro pada Bank statements of cash flows, cash and cash
Indonesia, giro pada bank-bank lain, equivalents consist of cash, current accounts with
penempatan pada Bank Indonesia dan bank- Bank Indonesia, current accounts with other
bank lain, dan efek-efek yang jatuh tempo banks, placements with Bank Indonesia and
dalam waktu tiga bulan sejak tanggal other banks, and securities that mature within
perolehan, sepanjang tidak digunakan sebagai three months from the date of acquisition, as long
jaminan atas pinjaman yang diterima serta tidak as they are not being pledged as collateral for
dibatasi penggunaannya. borrowings nor restricted.
c. Penggunaan pertimbangan dan estimasi c. Use of judgments and estimates
Penyusunan laporan keuangan konsolidasian The preparation of consolidated financial
sesuai dengan SAK di Indonesia mengharuskan statements in conformity with SAK requires
manajemen untuk membuat pertimbangan dan management to make judgments and estimates
estimasi yang mempengaruhi penerapan that affect the application of accounting policies
kebijakan akuntansi dan jumlah aset, liabilitas, and the reported amounts of assets, liabilities,
pendapatan dan beban yang dilaporkan. income and expenses. Although these
Walaupun estimasi ini dibuat berdasarkan estimates are based on management’s best
pengetahuan terbaik manajemen atas kejadian knowledge of current events and activities,
dan kegiatan saat ini, hasil aktual dapat berbeda actual results may differ from those estimates.
dari estimasi tersebut.
Estimasi dan asumsi yang digunakan ditelaah Estimates and underlying assumptions are
secara berkesinambungan. Revisi atas estimasi reviewed on an ongoing basis. Revisions to
akuntansi diakui pada periode dimana estimasi accounting estimates are recognized in the
tersebut direvisi dan periode-periode yang akan periods in which the estimate is revised and in
datang yang dipengaruhi oleh revisi estimasi any future periods affected.
tersebut.
34
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
c. Penggunaan pertimbangan dan estimasi c. Use of judgments and estimates (continued)
(lanjutan)
Informasi mengenai hal-hal penting yang terkait Information about significant areas of
dengan ketidakpastian estimasi dan pertimbangan- estimation uncertainty and critical judgments in
pertimbangan penting dalam penerapan kebijakan applying accounting policies that have
akuntansi yang memiliki dampak yang signifikan significant effect on the amount recognized in
terhadap jumlah yang diakui dalam laporan the consolidated financial statements are
keuangan konsolidasian dijelaskan di Catatan 3. described in Note 3.
d. Perubahan kebijakan akuntansi d. Changes in accounting policies
Berikut ini adalah standar dan interpretasi The following standards and interpretation of
standar yang berlaku efektif tanggal standards became effective on
1 Januari 2024, memiliki pengaruh atas laporan 1 January 2024, have an effect on the Group’s
keuangan konsolidasian Grup, dan mungkin consolidated financial statements, and may
akan membutuhkan penerapan secara require retrospective application under
retrospektif sebagaimana diatur dalam PSAK 208, “Accounting Policies, Changes in
PSAK 208, “Kebijakan Akuntansi, Perubahan Accounting Estimates, and Errors”:
Estimasi Akuntansi, dan Kesalahan”:
- Amandemen PSAK 116 “Sewa” - Amendments to PSAK 116 “Leases”
- Amandemen PSAK 201 “Penyajian Laporan - Amendments to PSAK 201 “Presentation of
Keuangan” Financial Statements”
- Amandemen PSAK 207 ” Laporan Arus Kas” - Amendments to PSAK 207 “Cash Flow
Statements”
- Amandemen PSAK 107 ”Instrumen - Amendments to PSAK 107 “Financial
Keuangan: Pengungkapan” Statements: Disclosure”
Penerapan standar akuntansi yang disebutkan di The implementation of the above-mentioned
atas tidak memiliki dampak yang signifikan accounting standards did not have significant
terhadap laporan keuangan konsolidasian. impacts to the consolidated financial statements.
Efektif per 1 Januari 2024 terdapat perubahan Effective 1 January 2024, there are changes in
penomoran Pernyataan Standar Akuntansi the numbering of the Statement of Financial
Keuangan (PSAK). Perubahan tersebut untuk Accounting Standards (PSAK). This change is
membedakan penomoran PSAK dan ISAK yang to differentiate the numbering of PSAK and
merujuk pada IFRS Accounting Standards ISAK which refer to IFRS Accounting Standards
(diawali dengan angka 1 dan 2) dan tidak (starting with numbers 1 and 2) and which do
merujuk pada IFRS Accounting Standards not Refer to IFRS Accounting Standards
(diawali dengan angka 3 dan 4). Perubahan ini (starting with numbers 3 and 4). This change
tidak mengubah isi persyaratan dalam does not change the content of the
PSAK/ISAK. requirements in PSAK/ISAK.
e. Penjabaran Transaksi dan Saldo dalam e. Foreign Currency Transactions and
Valuta Asing Balances Translation
Transaksi-transaksi dalam valuta asing Transactions in foreign currencies are
dijabarkan ke dalam Rupiah, yang merupakan translated into Rupiah, the Group’s functional
mata uang fungsional Grup, dengan currency, at the exchange rates prevailing at
menggunakan kurs pada tanggal transaksi. the transaction date.
Saldo akhir tahun aset moneter dan liabilitas Year-end balances monetary assets and
moneter dalam valuta asing dijabarkan ke dalam liabilities denominated in foreign currencies are
Rupiah dengan menggunakan kurs pada tanggal translated into Rupiah using exchange rate as
laporan (penutupan) yang ditetapkan oleh Bank of the reporting date (closing) as determined by
Indonesia, yaitu kurs tengah yang merupakan Bank Indonesia, i.e. middle rates which are the
rata-rata kurs beli dan kurs jual berdasarkan average of buying rates and selling rates per
Reuters pada pukul 16.00 WIB. Reuters at 16.00 WIB.
35
Page 446
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
e. Penjabaran Transaksi dan Saldo dalam Valuta e. Foreign Currency Transactions and
Asing (lanjutan) Balances Translation (continued)
Kurs valuta asing utama yang digunakan pada The major exchange rates used as of the
tanggal pelaporan adalah sebagai berikut (nilai reporting date were as follows (full amount):
penuh):
31 Desember/December
2024 2023
1 Dolar Amerika Serikat (USD) 16,095.00 15,397.00 1 United States Dollar (USD)
1 Dolar Australia (AUD) 10,013.51 10,520.77 1 Australian Dollar (AUD)
1 Dolar Singapura (SGD) 11,844.58 11,676.34 1 Singapore Dollar (SGD)
1 Dolar Hong Kong (HKD) 2,073.11 1,970.73 1 Hong Kong Dollar (HKD)
1 Poundsterling Inggris (GBP) 20,218.54 19,626.56 1 British Poundsterling (GBP)
1 Yen Jepang (JPY) 103.03 108.88 1 Japanese Yen (JPY)
1 Euro (EUR) 16,758.12 17,038.32 1 Euro (EUR)
1 Franc Swiss (CHF) 17,815.04 18,299.27 1 Swiss Franc (CHF)
1 Yuan China (CNY) 2,198.50 2,169.50 1 China Yuan (CNY)
1 Baht Thailand (THB) 469.79 449.75 1 Thailand Baht (THB)
1 Ringgit Malaysia (MYR) 3,597.86 3,355.20 1 Malaysian Ringgit (MYR)
1 Rupee India (INR) 187.98 185.18 1 Indian Rupee (INR)
Keuntungan dan kerugian selisih kurs yang The exchange gains and losses arising from
timbul dari transaksi dalam valuta asing dan dari transactions in foreign currencies and from the
penjabaran aset moneter dan liabilitas moneter translation of monetary assets and monetary
dalam valuta asing diakui pada laba rugi. liabilities denominated in foreign currencies are
recognized in profit or loss.
Laba atau rugi kurs valuta asing atas aset dan The foreign currency gains or losses on
liabilitas moneter merupakan selisih antara biaya monetary assets and liabilities are the
perolehan diamortisasi dalam Rupiah pada awal difference between amortized cost in Rupiah at
tahun, disesuaikan dengan tingkat suku bunga the beginning of the year, adjusted for effective
efektif dan pembayaran selama tahun berjalan, interest rate and payments during the year, and
dan biaya perolehan diamortisasi dalam valuta the amortized cost in foreign currency
asing yang dijabarkan ke dalam Rupiah dengan translated into Rupiah using the exchange rate
menggunakan kurs pada akhir tahun. at the end of the year.
f. Prinsip Konsolidasi f. Basis of Consolidation
Laporan keuangan konsolidasian mencakup The consolidated financial statements include
laporan keuangan Bank dan entitas anak. the accounts of the Bank and its subsidiaries.
Suatu pengendalian atas entitas anak dianggap Control over a subsidiary is presumed to exist if
ada bilamana Bank terekspos atau memiliki hak the Bank is exposed to, or has rights to, variable
atas imbal hasil variabel dari keterlibatannya returns from its involvement with the subsidiaries
dengan entitas anak dan memiliki kemampuan and has the ability to affect those returns through
untuk mempengaruhi imbal hasil tersebut melalui its power over the subsidiaries. The Bank
kekuasaannya atas entitas anak. Bank akan reassesses whether it has control if there are
menilai kembali apakah memiliki kendali jika ada changes to one or more of the elements of the
perubahan atas satu atau lebih unsur control. This includes circumstances in which
pengendalian. Ini termasuk situasi dimana hak protective rights held (e.g. those resulting from a
protektif yang dimiliki (seperti yang dihasilkan lending relationship) become substantive and
dari hubungan pinjaman) menjadi substantif dan lead to the Bank having power over a subsidiary.
mengakibatkan Bank memiliki kekuasaan atas
entitas anak.
Laporan keuangan dari entitas anak dimasukkan The financial statements of the subsidiaries are
ke dalam laporan keuangan konsolidasian sejak included in the consolidated financial statements
tanggal pengendalian dimulai sampai dengan from the date on which control commences until
tanggal pengendalian berakhir. the date when control ceases.
36
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
f. Prinsip Konsolidasi (lanjutan) f. Basis of Consolidation (continued)
Ketika Bank kehilangan kendali atas entitas anak, When the Bank loses control over a subsidiary,
Bank menghentikan pengakuan aset dan it derecognises the assets and liabilities of the
liabilitas entitas anak, dan kepentingan non- subsidiary, and any related non-controlling
pengendali terkait dan komponen ekuitas lainnya. interests and other components of equity. Any
Laba atau rugi yang timbul diakui dalam laba rugi. resulting gain or loss is recognized in profit or
Kepentingan yang dipertahankan di entitas anak loss. Any interest retained in the former
sebelumnya diukur sebesar nilai wajar ketika subsidiary is measured at fair value when the
pengendalian hilang. control is lost.
Seluruh transaksi dan saldo antar perusahaan All inter-company transactions and balances are
dieliminasi dalam laporan keuangan eliminated in the consolidated financial
konsolidasian, sehingga laporan keuangan statements; accordingly, the consolidated
konsolidasian hanya mencakup transaksi dan financial statements include only transactions and
saldo dengan pihak lain. balances with other parties.
Akuisisi entitas anak oleh Bank dicatat dengan The acquisition method is used to account for the
menggunakan metode akuisisi. Biaya perolehan acquisition of subsidiary by the Bank. The cost of
akuisisi diukur pada nilai wajar aset yang acquisition is measured at the fair value of the
diberikan, instrumen ekuitas yang diterbitkan, assets given, equity instruments issued, liabilities
liabilitas yang terjadi atau diambil dan incurred or assumed and contingent
penyesuaian harga beli kontinjensi, jika ada, consideration, if any, at the transaction date.
pada tanggal transaksi. Goodwill yang timbul dari Goodwill arising from the acquisition of subsidiary
akuisisi entitas anak diuji penurunan nilainya is tested at least annually for impairment. Any
minimal secara tahunan. Keuntungan yang gain on bargain purchase is recognized in profit
dihasilkan atas pembelian dengan diskon diakui or loss immediately. Transaction costs incurred in
langsung pada laba rugi. Biaya-biaya transaksi the acquisition of Subsidiary are directly
yang timbul dari akuisisi entitas anak dibebankan expensed in the current year profit or loss.
langsung pada laba rugi tahun berjalan.
Kepentingan non-pengendali diakui pada Non-controlling interest is recognized at the date
tanggal kombinasi bisnis dan selanjutnya of initial business combination and subsequently
disesuaikan dengan proporsi atas perubahan adjusted by proportion of change in identifiable
aset bersih teridentifikasi entitas anak. net assets of subsidiaries.
Perubahan dalam bagian kepemilikan Bank Changes in ownership interest in subsidiary that
pada entitas anak yang tidak mengakibatkan do not result in a loss of control are treated as
hilangnya pengendalian diperlakukan sebagai transaction between equity holders and are
transaksi antara pemegang ekuitas dan dicatat accounted for as equity transactions.
sebagai transaksi ekuitas.
Kepentingan non-pengendali disajikan di ekuitas Non-controlling interest is presented as part of
dalam laporan posisi keuangan konsolidasian equity in the consolidated statements of financial
dan dinyatakan sebesar proporsi pemegang position and represents the non-controlling
saham non-pengendali atas laba tahun berjalan shareholders’ proportionate share in the net
dan ekuitas entitas anak tersebut berdasarkan income for the year and equity of the subsidiary
persentase kepemilikan pemegang saham non- based on the percentage of ownership of the non-
pengendali pada entitas anak tersebut. controlling shareholders in the subsidiary.
g. Transaksi dengan Pihak-pihak Berelasi g. Transactions with Related Parties
Dalam laporan keuangan konsolidasian ini, In these consolidated financial statements, the
istilah pihak-pihak berelasi digunakan sesuai term related parties is used as defined in PSAK
dengan PSAK No. 224 mengenai No. 224 regarding “Related Party Disclosures”.
“Pengungkapan Pihak-pihak Berelasi”.
37
Page 448
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
Aset keuangan Grup terdiri dari kas, giro pada The Group’s financial assets consist of cash,
Bank Indonesia, giro pada bank-bank lain, current accounts with Bank Indonesia, current
penempatan pada Bank Indonesia dan bank- accounts with other banks, placements with Bank
bank lain, efek-efek, efek-efek yang dibeli Indonesia and other banks, securities, securities
dengan janji dijual kembali (reverse repo), purchased under resale agreements (reverse
tagihan derivatif, tagihan akseptasi, pinjaman repo), derivative receivables, acceptance
yang diberikan, pembiayaan/piutang syariah, receivables, loans, sharia financing/receivables,
piutang pembiayaan, penyertaan saham dan financing receivables, investment in shares and
tagihan lainnya (yang disajikan sebagai bagian other receivables (presented as part of other
dari aset lain-lain). assets).
Liabilitas keuangan Grup terdiri dari liabilitas The Group’s financial liabilities consist of
segera, simpanan dari nasabah, simpanan dari obligations due immediately, deposits from
bank-bank lain, liabilitas derivatif, liabilitas customers, deposits from other banks, derivative
akseptasi, efek-efek yang diterbitkan, pinjaman payables, acceptance payables, securities issued,
yang diterima, akrual, liabilitas sewa, pinjaman borrowings, accruals, lease liabilities,
subordinasi, dan liabilitas lain-lain. subordinated loans, and other liabilities.
h.1. Klasifikasi h.1. Classification
Aset keuangan Financial assets
Bank mengklasifikasikan aset The Bank classified its financial assets into
keuangannya ke dalam kategori sebagai the following categories on initial
berikut pada saat pengakuan awal: recognition:
i. Biaya perolehan diamortisasi; i. At amortized cost;
ii. Nilai wajar melalui penghasilan ii. Fair value through other comprehensive
komprehensif lain (“FVOCI”); income (“FVOCI”);
iii. Nilai wajar melalui laba rugi (“FVTPL”) iv. iii. Fair value through profit or loss
(“FVTPL”)
v.
Aset keuangan diklasifikasikan ke dalam Financial asset is classified into one of
salah satu dari kategori ini pada saat these categories on initial recognition based
pengakuan awal berdasarkan model bisnis on the business model within which it is
dimana aset keuangan tersebut dimiliki held, and its contractual cash flow
serta karakteristik arus kas kontraktualnya. characteristics. The business model reflects
Model bisnis merefleksikan bagaimana how groups of financial assets are managed
kelompok aset keuangan dikelola untuk to achieve a particular business objective.
mencapai tujuan bisnis tertentu.
vi.
Aset keuangan diukur dengan biaya A financial asset is measured at amortized
perolehan diamortisasi hanya jika cost only if it meets both of the following
memenuhi kedua kondisi berikut dan tidak conditions and is not designated as at
ditetapkan sebagai FVTPL: FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk memiliki aset business model whose objective is to
keuangan untuk tujuan mendapatkan hold the asset to collect contractual cash
arus kas kontraktual (hold to collect); dan flows (hold to collect); and
- Persyaratan kontraktual dari aset - Its contractual terms of the financial
keuangan yang pada tanggal tertentu asset give rise on specified dates to
menghasilkan arus kas yang merupakan cash flows that are solely payments of
pembayaran pokok dan bunga semata principal and interest on the principal
dari jumlah pokok terutang. amount outstanding.
38
Page 449
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Aset keuangan diukur pada FVOCI hanya A financial asset is measured at FVOCI only
jika memenuhi kedua kondisi berikut dan if it meets both of the following conditions
tidak ditetapkan sebagai FVTPL: and is not designated as at FVTPL:
- Aset keuangan dikelola dalam model - The financial asset is held within a
bisnis yang bertujuan untuk business model whose objective is
mendapatkan arus kas kontraktual dan achieved by both collecting contractual
menjual aset keuangan (hold to collect cash flows and selling the financial asset
and sell); dan (hold to collect and sell); and
- Persyaratan kontraktual dari aset - Its contractual terms of financial asset
keuangan yang pada tanggal tertentu give rise on specified dates to cash flows
menghasilkan arus kas yang merupakan that are solely payments of principal and
pembayaran pokok dan bunga semata interest on the principal amount
dari jumlah pokok terutang. outstanding.
Seluruh aset keuangan yang tidak All financial assets not classified as
diklasifikasikan sebagai diukur dengan biaya measured at amortized cost or FVOCI as
perolehan diamortisasi atau FVOCI described above are measured at FVTPL.
sebagaimana ketentuan di atas diukur
dengan FVTPL.
Aset keuangan tidak direklasifikasi setelah Financial assets are not reclassified
pengakuan awal, kecuali dalam periode subsequent to their initial recognition, except
setelah Bank mengubah model bisnis yang in the period after the Bank changes its
mengelola aset keuangan. business model for managing financial
assets.
Penilaian model bisnis Business model assessment
Model bisnis Bank ditentukan pada level The Bank's business model is defined at a
yang mencerminkan bagaimana kelompok level that reflects how group of financial
aset keuangan dikelola bersama-sama assets are managed together to achieve
untuk mencapai tujuan bisnis tertentu. Model certain business objectives. The Bank’s
bisnis Bank tidak bergantung pada intensi model does not depend on management's
manajemen untuk instrumen individu. intention for individual instruments.
Sejalan dengan hal tersebut, kondisi ini Accordingly, this condition is not an
bukan merupakan pendekatan instrumen- instrument-by-instrument approach to
per-instrumen untuk klasifikasi dan classification and is determined at a higher
ditentukan pada level agregasi yang lebih level of aggregation, which is at portfolio
tinggi yaitu pada level portfolio. level.
Model bisnis Bank mengacu pada The Bank’s business model refers to
pengelolaan aset keuangan untuk managing financial assets to generate cash
menghasilkan arus kas. Arus kas akan flows. Cash flows will result from obtaining
dihasilkan dari memperoleh arus kas contractual cash flows, selling financial
kontraktual, menjual aset keuangan atau assets or both. This assessment is not made
keduanya. Penilaian ini tidak dilakukan atas based on a scenario where the Bank does
dasar skenario bahwa Bank tidak not expect a “worst condition” scenario or a
mengharapkan terjadinya skenario “kondisi “stress condition” scenario to occur. In a
terburuk” atau skenario “kondisi stres”. situation where the Bank sells certain
Dalam kondisi Bank menjual portofolio aset portfolios of financial assets in a worst-case
keuangan tertentu dalam skenario kondisi scenario, that scenario will not affect the
terburuk, skenario itu tidak akan assessment of the business model for that
mempengaruhi penilaian terhadap model asset if the Bank reasonably expects that
bisnis untuk aset tersebut jika Bank secara such a scenario will not occur.
wajar mengharapkan bahwa skenario
seperti itu tidak akan terjadi.
39
Page 450
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian model bisnis (lanjutan) Business model assessment (continued)
Akan tetapi, ketika Bank menilai model bisnis However, when the Bank assesses the
untuk aset keuangan yang baru diterbitkan business model for newly issued or recently
atau baru dibeli, Bank harus purchased financial assets, it must consider
mempertimbangkan informasi tentang information about how cash flows were
bagaimana arus kas direalisasikan di masa realized in the past, along with all other
lalu, bersama dengan semua informasi yang relevant information.
relevan lainnya.
Model bisnis untuk mengelola aset The business model for managing financial
keuangan adalah kenyataan dan bukan assets is a reality and not just an assertion.
hanya sebuah asersi. Hal ini biasanya This is usually observed through the
diobservasi melalui aktivitas yang dilakukan activities the entity carries out to achieve the
Bank untuk mencapai tujuan dari model objectives of the business model. The Bank
bisnis. Bank mempertimbangkan semua considers all relevant evidence available at
bukti yang relevan yang tersedia pada the valuation date. The relevant evidence
tanggal penilaian. Bukti yang relevan includes, but is not limited to:
tersebut termasuk, tetapi tidak terbatas
pada:
- kebijakan dan tujuan yang dinyatakan - the stated policies and objectives for the
untuk portofolio dan pengoperasian portfolio and the operation of those
kebijakan tersebut dalam praktiknya. policies in practice. In particular, whether
Secara khusus, apakah strategi management’s strategy focusses on
manajemen berfokus pada menghasilkan earning contractual interest income,
pendapatan bunga kontraktual, maintaining a particular interest rate
mempertahankan profil suku bunga profile, matching the duration of the
tertentu, mencocokkan durasi aset financial assets to the duration of the
keuangan dengan durasi liabilitas yang liabilities that are funding those assets or
mendanai aset tersebut atau mewujudkan realising cash flows through sale of the
arus kas melalui penjualan aset; assets;
- bagaimana kinerja portofolio dievaluasi - how the performance of the portfolio is
dan dilaporkan kepada personil evaluated and reported to key
manajemen kunci Bank; management personnel of the Bank;
- risiko yang memengaruhi kinerja dari - the risks that affect the performance of
model bisnis (dan aset keuangan yang the business model (and the financial
dimiliki dalam model bisnis tersebut) dan assets held within that business model)
strategi mengenai bagaimana risiko and its strategy for how those risks are
tersebut dikelola; dan managed; and
- bagaimana manajer bisnis dikompensasi - how the business manager is
(sebagai contoh, apakah kompensasi compensated (for example, whether the
berdasarkan nilai wajar dari aset yang compensation is based on the fair value
dikelola atau arus kas kontraktual yang of assets under management or the
diperoleh). contractual cash flows obtained).
40
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penilaian apakah arus kas kontraktual Assessment of whether contractual cash
hanya merupakan pembayaran pokok dan flows are solely payments of principal and
bunga semata (SPPI) interest (SPPI)
Untuk tujuan penilaian ini, ‘pokok’ For the purposes of this assessment,
didefinisikan sebagai nilai wajar dari aset ‘principal’ is defined as the fair value of the
keuangan pada pengakuan awal. ‘Bunga’ financial asset on initial recognition.
didefinisikan sebagai imbalan untuk nilai ‘Interest’ is defined as consideration for the
waktu atas uang dan untuk risiko kredit yang time value of money and for the credit risk
terkait dengan jumlah pokok yang terutang associated with the principal amount
selama periode waktu tertentu dan untuk outstanding during a particular period of
risiko dan biaya pinjaman dasar lainnya time and for other basic lending risks and
(misalnya risiko likuiditas dan biaya costs (e.g. liquidity risk and administrative
administrasi), serta marjin keuntungan. costs), as well as profit margin.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash
adalah SPPI, Bank mempertimbangkan flows are SPPI, the Bank considers the
ketentuan kontraktual instrumen tersebut. contractual terms of the instrument. This
Hal ini termasuk menilai apakah aset includes assessing whether the financial
keuangan mengandung ketentuan asset contains a contractual term that could
kontraktual yang dapat mengubah waktu change the timing or amount of contractual
atau jumlah arus kas kontraktual sehingga cash flows such that it would not meet this
tidak memenuhi kondisi ini. Dalam condition. In making the assessment, the
melakukan penilaian, Bank Bank considers:
mempertimbangkan:
- Peristiwa kontinjensi yang akan - Contingent events that would change
mengubah jumlah dan waktu arus kas; the amount and timing of cash flows;
- Fitur leverage; - Leverage features;
- Ketentuan percepatan pelunasan dan - Prepayment and extension terms;
perpanjangan;
- Ketentuan yang membatasi klaim Bank - Terms that limit the Bank’s claim to
atas arus kas dari aset tertentu (seperti cash flows from specified assets (e.g.
pinjaman non-recourse); dan non-recourse loans); and
- Fitur yang memodifikasi imbalan dari nilai - Features that modify consideration of
waktu atas uang (seperti penetapan the time value of money (e.g. periodical
ulang suku bunga berkala). reset of interest rates).
Liabilitas keuangan Financial liabilities
Liabilitas keuangan diklasifikasikan ke Financial liabilities are classified into the
dalam kategori pengukuran sebagai berikut following measurement categories at initial
pada saat pengakuan awal berdasarkan recognition based on their nature and
sifat dan tujuannya: purpose:
i. Diukur pada nilai wajar melalui laba rugi, i. Fair value through profit or loss, which has
yang memiliki 2 (dua) sub-klasifikasi, 2 (two) sub-classifications, i.e. financial
yaitu liabilitas keuangan yang ditetapkan liabilities designated as such upon initial
demikian pada saat pengakuan awal dan recognition and financial liabilities
liabilitas keuangan yang diklasifikasikan classified as held for trading;
dalam kelompok diperdagangkan;
ii. Liabilitas keuangan yang diukur pada ii. Financial liabilities measured at amortized
biaya perolehan diamortisasi. cost.
41
Page 452
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.1. Klasifikasi (lanjutan) h.1. Classification (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Liabilitas keuangan diklasifikasikan sebagai A financial liability is classified as held for
diperdagangkan jika diperoleh atau dimiliki trading if it is acquired or incurred principally
terutama untuk tujuan dijual atau dibeli for the purpose of selling or repurchasing it
kembali dalam waktu dekat atau jika in the near term or if it is part of a portfolio of
merupakan bagian dari portofolio instrumen identified financial instruments that are
keuangan tertentu yang dikelola bersama managed together and for which there is
dan terdapat bukti mengenai pola ambil evidence of a recent actual pattern of short-
untung dalam jangka pendek (short-term term profit-taking. Derivatives are also
profit-taking) yang terkini. Derivatif categorised as held for trading instrument
diklasifikasikan sebagai instrumen unless they are designated and effective as
diperdagangkan kecuali ditetapkan dan hedging instruments.
efektif sebagai instrumen lindung nilai.
Keuntungan dan kerugian yang timbul dari Gains and losses arising from changes in fair
perubahan nilai wajar liabilitas keuangan value of financial liabilities are recognized in
diakui dalam laba rugi tahun berjalan. current year profit or loss.
Liabilitas keuangan yang diukur pada biaya Financial liabilities measured at amortized
perolehan diamortisasi terdiri dari liabilitas cost consist of non-derivative financial
keuangan non-derivatif yang tidak dimiliki liabilities that are not held for trading purpose
Bank untuk diperdagangkan dan tidak and not designated at fair value through
ditetapkan pada nilai wajar melalui laba rugi. profit or loss.
h.2. Pengakuan h.2. Recognition
Pada saat pengakuan awal, aset keuangan A financial asset or financial liability is initially
atau liabilitas keuangan diukur pada nilai measured at fair value plus/less (for financial
wajar ditambah/dikurangi (untuk instrumen instruments not subsequently measured at
keuangan yang tidak diukur pada nilai wajar fair value through profit or loss) transaction
melalui laba rugi setelah pengakuan awal) costs that are directly attributable to the
biaya transaksi yang dapat diatribusikan acquisition of a financial asset or issuance of
secara langsung atas perolehan aset a financial liability. The subsequent
keuangan atau penerbitan liabilitas measurement of financial assets and
keuangan. Pengukuran aset keuangan dan financial liabilities depends on their
liabilitas keuangan setelah pengakuan awal classification.
tergantung pada klasifikasi aset keuangan
dan liabilitas keuangan tersebut.
Biaya transaksi hanya meliputi biaya-biaya Transaction costs include only those costs
yang dapat diatribusikan secara langsung that are directly attributable to the acquisition
untuk perolehan suatu aset keuangan atau of a financial asset or issuance of a financial
penerbitan suatu liabilitas keuangan dan liability and are incremental costs that would
merupakan biaya tambahan yang tidak akan not have been incurred if the instrument had
terjadi apabila instrumen keuangan tersebut not been acquired or issued. In the case of
tidak diperoleh atau diterbitkan. Untuk aset financial assets, transaction costs are added
keuangan, biaya transaksi ditambahkan to the amount recognized initially, while for
pada jumlah yang diakui pada awal financial liabilities, transaction costs are
pengakuan aset, sedangkan untuk liabilitas deducted from the amount of debt
keuangan, biaya transaksi dikurangkan dari recognized initially. Such transaction costs
jumlah utang yang diakui pada awal are amortized over the terms of the
pengakuan liabilitas. Biaya transaksi tersebut instruments based on the effective interest
diamortisasi selama umur instrumen method and are recorded as part of interest
berdasarkan metode suku bunga efektif dan income for transaction costs related to
dicatat sebagai bagian dari pendapatan financial assets or interest expense for
bunga untuk biaya transaksi sehubungan transaction costs related to financial
dengan aset keuangan atau sebagai bagian liabilities.
dari beban bunga untuk biaya transaksi
sehubungan dengan liabilitas keuangan.
42
Page 453
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.2. Pengakuan (lanjutan) h.2. Recognition (continued)
Grup pada awalnya mengakui The Group initially recognizes
pinjaman/pembiayaan yang diberikan dan loans/financing and deposits on the date of
simpanan pada tanggal perolehan. origination.
Pembelian dan penjualan aset keuangan Regular way purchases and sales of
yang lazim (reguler) diakui pada tanggal financial assets are recognized on the trade
perdagangan dimana Grup memiliki date at which the Group commits to
komitmen untuk membeli atau menjual aset purchase or sell those assets.
tersebut.
Semua aset dan liabilitas keuangan lainnya All other financial assets and liabilities are
pada awalnya diakui pada tanggal initially recognized on the trade date at
perdagangan dimana Grup menjadi suatu which the Group becomes a party to the
pihak dalam ketentuan kontraktual instrumen contractual provisions of the instrument.
tersebut.
h.3. Biaya perolehan diamortisasi dan nilai h.3. Amortized cost and gross carrying
tercatat bruto amount
‘Biaya perolehan diamortisasi’ aset keuangan The ‘amortized cost’ of a financial asset or
atau liabilitas keuangan merupakan suatu financial liability is the amount at which the
nilai dimana aset keuangan atau liabilitas financial asset or financial liability is measured
keuangan diukur pada saat pengakuan awal on initial recognition minus the principal
dikurangi pembayaran pokok, ditambah atau repayments, plus or minus the cumulative
dikurangi amortisasi kumulatif menggunakan amortization using the effective interest methof
metode suku bunga efektif atas selisih antara of any difference between that initial amount
nilai awal dan nilai jatuh temponya dan, untuk and the maturity amount and, for financial
aset keuangan, disesuaikan dengan assets, adjusted for any allowance for
cadangan kerugian penurunan nilai. ‘Nilai impairment losses. The ‘gross carrying
tercatat bruto aset keuangan’ merupakan amount of financial asset’ is the amortized cost
biaya perolehan diamortisasi aset keuangan of a financial asset before adjusting for any
sebelum dikurangi cadangan kerugian allowance for impairment losses.
penurunan nilai.
h.4. Penghentian pengakuan h.4. Derecognition
Grup menghentikan pengakuan aset The Group derecognizes a financial asset
keuangan pada saat hak kontraktual atas when the contractual rights to the cash flows
arus kas yang berasal dari aset keuangan from the financial asset expire, or when the
tersebut kadaluwarsa, atau Grup mentransfer Group transfers the rights to receive the
seluruh hak untuk menerima arus kas contractual cash flows on the financial asset in
kontraktual dari aset keuangan dalam a transaction in which substantially all the risks
transaksi dimana Grup secara substansial and rewards of ownership of the financial
telah mentransfer seluruh risiko dan manfaat asset are transferred. Any interest in
atas kepemilikan aset keuangan yang transferred financial assets that is created or
ditransfer. Setiap hak atau liabilitas atas aset retained by the Group is recognized as a
keuangan yang ditransfer yang timbul atau separate asset or liability.
yang masih dimiliki oleh Grup diakui sebagai
aset atau liabilitas secara terpisah.
Grup menghentikan pengakuan liabilitas The Group derecognizes a financial liability
keuangan pada saat liabilitas yang ditetapkan when its contractual obligations are
dalam kontrak dilepaskan atau dibatalkan discharged or cancelled or expired.
atau kadaluwarsa.
43
Page 454
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
h. Aset Keuangan dan Liabilitas Keuangan h. Financial Assets and Financial Liabilities
(lanjutan) (continued)
h.4. Penghentian pengakuan (lanjutan) h.4. Derecognition (continued)
Dalam transaksi dimana Grup secara In transactions in which the Group neither
substansial tidak memiliki atau tidak retains nor transfers substantially all the risks
mentransfer seluruh risiko dan manfaat atas and rewards of ownership of a financial asset,
kepemilikan aset keuangan, Grup the Group derecognizes the asset if it does not
menghentikan pengakuan aset tersebut jika retain control over the asset. The rights and
Grup tidak lagi memiliki pengendalian atas aset obligations retained in the transfer are
tersebut. Hak dan kewajiban yang masih dimiliki recognized separately as assets and liabilities
dalam transfer tersebut diakui secara terpisah as appropriate. In transfers in which control over
sebagai aset atau liabilitas. Dalam transfer the asset is retained, the Group continues to
dimana pengendalian atas aset masih dimiliki, recognise the asset to the extent of its
Grup tetap mengakui aset yang ditransfer continuing involvement, determined by the
tersebut sebesar keterlibatan berkelanjutan, extent to which it is exposed to changes in the
dimana tingkat keberlanjutan Grup dalam aset value of the transferred asset.
yang ditransfer adalah sebesar perubahan nilai
aset yang ditransfer.
Grup menghapusbukukan aset keuangan dan The Group writes off a financial asset and any
cadangan kerugian penurunan nilai terkait, related allowance for impairment losses, when
pada saat Grup menentukan bahwa aset the Group determines that the financial asset is
keuangan tersebut tidak dapat ditagih. uncollectible. This determination is reached
Keputusan ini diambil setelah after considering information such as the
mempertimbangkan informasi seperti telah occurrence of significant changes in the
terjadinya perubahan signifikan pada posisi financial position of borrower/financial asset’s
keuangan debitur/penerbit aset keuangan issuer such that the borrower/financial asset’s
sehingga debitur/penerbit aset keuangan tidak issuer can no longer pay the obligation, or that
lagi dapat melunasi kewajibannya, atau hasil proceeds from collateral will not be sufficient to
penjualan agunan tidak akan cukup untuk pay back the credit exposure.
melunasi seluruh eksposur kredit yang
diberikan.
h.5. Saling hapus h.5. Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset and
disalinghapuskan dan jumlah netonya the net amount reported in the statements of
dilaporkan pada laporan posisi keuangan financial position when there is a legally
konsolidasian ketika terdapat hak yang enforceable right to offset the recognized
berkekuatan hukum untuk melakukan saling amounts and there is an intention to settle on
hapus atas jumlah yang telah diakui tersebut a net basis, or realise the asset and settle the
dan adanya niat untuk menyelesaikan liability simultaneously. The legally
liabilitas secara bersamaan. Hak saling enforceable right must not be contingent on
hapus tidak kontinjen atas peristiwa di masa future events and must be enforceable in the
depan dan dapat dipaksakan secara hukum normal course of business and in the event of
dalam situasi bisnis yang normal dan dalam default insolvency or bankruptcy of the Group
peristiwa gagal bayar, atau peristiwa or the counterparty.
kepailitan atau kebangkrutan Grup atau pihak
lawan.
Pendapatan dan beban disajikan dalam Income and expenses are presented on a net
jumlah bersih hanya jika diperkenankan oleh basis only when permitted by accounting
standar akuntansi. standards.
44
Page 455
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan assets
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi
Dalam mengestimasi cadangan kerugian To estimate impairment loss allowance on
penurunan nilai atas aset keuangan, Bank financial assets, the Bank has implemented
telah menerapkan PSAK 109 sejak tanggal PSAK 109 since 1 January 2020. PSAK 109
1 Januari 2020. PSAK 109 mengharuskan requires a loss allowance to be recognized at
cadangan kerugian diakui sebesar kerugian an amount equal to either 12-month Expected
kredit ekspektasian (“KKE”) 12 bulan atau Credit Losses (“ECL”) or lifetime ECL.
kerugian kredit ekspektasian sepanjang Lifetime ECL is the ECL that results from all
umur aset keuangan (KKE lifetime). KKE possible default events over the expected life
lifetime adalah kerugian ekspektasian yang of a financial instrument, whereas 12-month
berasal dari semua kemungkinan kejadian ECL is the portion of ECL that results from
gagal bayar sepanjang umur ekspektasian default events that are possible within the 12-
suatu instrumen keuangan, sedangkan month after reporting date.
KKE 12 bulan adalah porsi dari kerugian
kredit ekspektasian yang berasal dari
kemungkinan kejadian gagal bayar dalam
12 bulan setelah tanggal pelaporan.
Kerugian kredit ekspektasian merupakan Expected credit losses are a probability-
estimasi probabilitas tertimbang dari weighted estimate of credit losses (i.e the
kerugian kredit (yaitu nilai kini dari seluruh present value of all cash shortfalls) over the
kekurangan kas) selama perkiraan umur expected life of the financial instrument. A
instrumen keuangan. Kekurangan kas cash shortfall is the difference between the
adalah selisih antara arus kas yang cash flows that are due to an entity in
diperkirakan akan diterima entitas. Karena accordance with the contract and the cash
kerugian kredit ekspektasian flows that the entity expects to receive.
mempertimbangkan jumlah dan waktu Because expected credit losses consider the
pembayaran, kerugian kredit tetap timbul amount and timing of payments, a credit loss
meskipun entitas mengharapkan untuk arises even if the entity expects to be paid in
dibayar penuh namun setelah jatuh tempo full but later than when contractually due.
kontraktual.
KKE diakui untuk seluruh instrumen utang ECL are recognized for all financial debt
keuangan, komitmen pinjaman dan jaminan instruments, loan commitments and financial
keuangan yang diklasifikasikan sebagai hold guarantees that are classified as hold to
to collect atau hold to collect and sell dan collect or hold to collect and sell and have
memiliki arus kas SPPI. KKE tidak diakui SPPI cash flows. ECL is not recognized for
untuk instrumen keuangan yang detetapkan financial instruments designated as FVTPL
sebagai FVTPL dan instrumen ekuitas yang and equity instruments designated as FVOCI.
ditetapkan sebagai FVOCI.
Sesuai dengan ISAK 102, khusus untuk In accordance to ISAK 102, particularly for
transaksi berbasis syariah, pengukuran sharia-based transactions, the allowance for
penurunan nilai dari aset keuangan tidak impairment losses of financial assets does
mengadopsi PSAK 109. not adopt PSAK 109.
45
Page 456
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pada setiap tanggal pelaporan, Bank akan At each reporting date, the Bank shall
mengukur cadangan kerugian instrumen measure the loss allowance for a financial
keuangan sebesar kerugian kredit instrument at an amount equal to the lifetime
sepanjang umur (lifetime) instrumen credit losses, except in the following
keuangan, kecuali dalam kondisi berikut, condition, for which the amount recognized
dimana cadangan kerugian yang akan diakui will be 12-month ECL:
sebesar KKE 12 bulan:
• instrumen keuangan dengan risiko kredit • financial instruments with low credit risk;
rendah; dan and
• instrumen keuangan dengan risiko kredit • financial instruments for which credit risk
yang belum meningkat secara signifikan has not increased significantly since initial
sejak pengakuan awal. recognition.
Estimasi eksposur kredit untuk tujuan The estimation of credit exposure for risk
manajemen risiko adalah kompleks dan management purpose is complex and
membutuhkan penggunaan model, requires the use of models, as the exposure
dikarenakan eksposur yang bervariasi varies with changes in market conditions,
terkait dengan perubahan kondisi pasar,
arus kas yang diharapkan dan berjalannya expected cash flows and the passage of time.
waktu. Penilaian risiko kredit dari portofolio The assessment of credit risk of a portfolio of
aset memerlukan estimasi lebih lanjut assets entails further estimations as to the
mengenai kemungkinan terjadinya gagal likelihood of defaults occurring, of the
bayar, dari rasio kerugian yang terkait dan associated loss ratios and of default
korelasi gagal bayar antar pihak. Bank correlations between counterparties. The
mengukur risiko kredit menggunakan Bank measures credit risk using Probability of
Probability of Default (PD), Exposure at Default (PD), Exposure at Default (EAD),
Default (EAD), Loss Given Default (LGD) Loss Given Default (LGD) and
dan variabel makroekonomi untuk estimasi
yang bersifat perkiraan masa depan macroeconomic variables for forward looking
(forward-looking). perspective.
Untuk menentukan kerugian kredit To determine the expected credit loss (ECL),
ekspektasian (KKE), komponen-komponen these components are multiplied together
tersebut akan diperhitungkan bersama- and discounted to the reporting date using
sama dan didiskontokan ke tanggal the effective interest rate. The basis of inputs,
pelaporan menggunakan suku bunga efektif.
Dasar input, asumsi dan teknik estimasi assumptions and the estimation technique
diungkapkan di Catatan 3. are disclosed in Note 3.
Untuk portofolio korporasi, risiko kredit For corporate portfolio, credit risk is
diukur berdasarkan pada pengelompokkan measured based on grouping grade of
tingkat peringkat internal. internal grading.
Untuk portofolio tresuri, risiko kredit diukur For the treasury portfolio, credit risk is
berdasarkan pada pengelompokkan tingkat measured based on grouping grade of
peringkat internal. Apabila tidak terdapat internal grading. If there is no information of
informasi peringkat internal untuk pihak internal grading for counterparty, the
lawan, pengelompokkan didasarkan pada
peringkat kredit dari pihak lawan. Untuk categorizing is based on credit rating from
perhitungan PD, Bank menggunakan counterparty issuer. For PD calculation, the
struktur jangka waktu (term structure) PD Bank uses PD term structure issued by
yang dikeluarkan oleh peringkat eksternal. external rating.
46
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Untuk kategori portofolio ritel, risiko kredit For retail portfolio category, the credit risk is
diukur berdasarkan pada kelompok hari measured based on days past due buckets to
tunggakan untuk membentuk term structure create PD term structure used to compute
PD yang akan digunakan untuk menghitung ECL calculation by statistical model
perhitungan KKE dengan pendekatan model approach.
statistik.
Bank menganggap efek-efek investasi yang The Bank considers a Rupiah denominated
diterbitkan oleh pemerintah (seperti obligasi government investment securities (such as
pemerintah) dalam mata uang Rupiah dan government bonds) and funds placed with
dana yang ditempatkan pada Bank Bank Indonesia are having low credit risk,
Indonesia memiliki risiko kredit yang rendah, since the principal and interest of
karena pokok dan bunga efek-efek government investment securities are
pemerintah tersebut dijamin oleh pemerintah guaranteed by the government and there is
dan tidak ada kerugian yang pernah terjadi. no historical loss experience. The Bank does
Bank tidak menerapkan pengecualian risiko not apply the low credit risk exemption to any
kredit yang rendah atas instrumen keuangan other financial instruments.
lainnya.
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian
Sesuai PSAK 109, Bank menerapkan model In accordance with PSAK 109, the Bank
"Tiga-Tahap" untuk penurunan nilai applied “Three-Stage” model for impairment
berdasarkan perubahan kualitas kredit sejak based on changes in credit quality since initial
pengakuan awal seperti dirangkum di bawah recognition as summarised below:
ini:
- Instrumen keuangan yang tidak - A financial instrument that is not credit-
mengalami penurunan nilai kredit sejak impaired since initial recognition is
pengakuan awal diklasifikasikan dalam classified in “Stage 1”.
“Tahap 1”.
- Jika peningkatan signifikan dalam risiko - If a significant increase in credit risk
kredit ("SICR") sejak pengakuan awal (“SICR”) since initial recognition is
diidentifikasi, instrumen keuangan identified, the financial instrument is
dipindahkan ke "Tahap 2" tetapi belum moved to “Stage 2” but is not yet deemed
dianggap mengalami penurunan nilai to be credit-impaired.
kredit.
- Jika instrumen keuangan mengalami - If the financial instrument is credit-
penurunan nilai kredit/memburuk, impaired, the financial instrument is then
instrumen keuangan kemudian moved to “Stage 3”.
dipindahkan ke "Tahap 3"
47
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Instrumen keuangan - Tahap 1 Financial instruments - Stage 1
Kerugian kredit ekspektasian instrumen Stage 1 expected credit losses are
keuangan Tahap 1 diakui sebesar recognized at the amount of cash shortfalls
kekurangan kas yang timbul dari arising from possible default events up to 12
kemungkinan gagal bayar di masa depan months into the future from the reporting
dalam kurun waktu 12 bulan sejak tanggal date. Expected credit losses continue to be
pelaporan. Kerugian kredit ekspektasian determined on this basis until there is either
terus ditentukan oleh dasar ini sampai a significant increase in the credit risk of an
terjadi peningkatan risiko kredit yang instrument or the instrument becomes credit-
signifikan pada instrumen tersebut atau impaired where the expected credit losses
instrumen tersebut telah mengalami will be determined based on lifetime. If an
penurunan nilai kredit dimana kerugian instrument is no longer considered to exhibit
kredit ekspektasian akan dihitung a significant increase in credit risk, expected
berdasarkan basis lifetime. Jika suatu credit losses will revert to being determined
instrumen tidak lagi dianggap menunjukkan on a 12-month basis.
peningkatan risiko kredit yang signifikan,
maka kerugian kredit ekspektasian dihitung
kembali berdasarkan basis 12 bulan.
Peningkatan risiko kredit secara signifikan Significant increase in credit risk (SICR) -
(SICR) - Tahap 2 Stage 2
Bank menganggap instrumen keuangan The Bank considers a financial instrument to
telah mengalami peningkatan risiko kredit have experienced a significant increase in
yang signifikan ketika kriteria di bawah ini credit risk when the below criteria have been
telah dipenuhi: met:
- Untuk segmen korporasi menggunakan - For corporate segments use watchlist
parameter daftar pantauan (watchlist) parameters and 12-month PD change by
dan perubahan nilai PD 12 bulan 100% resulted from internal grading
sebesar 100% sebagai akibat movement from its initial recognition.
perpindahan peringkat internal sejak
pengakuan awal.
- Untuk instrumen keuangan di tresuri - For treasury financial instruments use 3
menggunakan pergerakan 3 titik (notch) notch movements from origination rating
dari peringkat pada saat pengakuan at its initial recognition.
awal.
- Untuk segmen ritel menggunakan - For retail segment use days past due
informasi jumlah hari tunggakan dalam information in month in arrears grouping.
sebulan dalam kelompok tunggakan. SICR incurred if the days past due
SICR terjadi ketika jumlah hari reached more than 30 days.
tunggakan mencapai lebih dari 30 hari.
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3
Aset keuangan yang mengalami penurunan Financial assets that are credit impaired (or in
nilai (atau gagal bayar) merupakan aset yang default) represent those that are at least 90
setidaknya telah memiliki tunggakan lebih days past due in respect of principal and/or
dari 90 hari atas pokok dan/atau bunga. Aset interest. Financial assets are also considered
keuangan juga dianggap mengalami to be credit impaired where the debtors are
penurunan nilai kredit dimana debitur unlikely to pay on the occurrence of one or
kemungkinan besar tidak akan membayar more observable events that have a
dengan terjadinya satu atau lebih kejadian detrimental impact on the estimated future
yang teramati yang memiliki dampak cash flows of the financial asset.
menurunkan jumlah estimasi arus kas masa
depan dari aset keuangan tersebut.
48
Page 459
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit ekspektasian Expected credit loss measurement
(lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
Pinjaman korporasi Corporate loans
Pinjaman korporasi yang dikategorikan Corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans from debtors with internal
dari debitur dengan peringkat internal 7R atau grading at 7R or lower.
lebih rendah.
Pinjaman non-korporasi Non-corporate loans
Pinjaman non-korporasi yang dikategorikan Non-corporate loans that are categorised as
mengalami penurunan nilai adalah pinjaman impaired are loans that satisfy at least one of
yang memenuhi setidaknya satu dari kriteria the following criteria:
berikut:
a. Hari tunggakan lebih dari 90 hari a. Days past due over 90 days
b. Kolektibilitas OJK 3, 4 dan 5 b. OJK Grading 3, 4 and 5
Cadangan kerugian penurunan nilai Loss provisions against credit-impaired
terhadap aset keuangan yang mengalami financial assets are determined based on an
penurunan nilai ditentukan berdasarkan assessment of the recoverable cash flows
penilaian terhadap arus kas yang dapat under a range of scenarios with weighted
dipulihkan berdasarkan sejumlah skenario probabilities, including the realisation of any
dengan probabilitas tertimbang, termasuk collateral held where appropriate. The loss
realisasi jaminan yang dimiliki jika provisions held represent the difference
memungkinkan. Cadangan kerugian between the present value of the cash flows
penurunan nilai merupakan selisih antara expected to be recovered, discounted at the
nilai sekarang dari arus kas yang instrument’s original effective interest rate, and
diperkirakan akan dipulihkan, didiskontokan the gross carrying value of the instrument prior
pada suku bunga efektif awal, dan nilai to any credit impairment.
tercatat bruto instrumen sebelum penurunan
nilai kredit.
Pengukuran KKE di seluruh tahapan aset The measurement of ECL across all stages is
diperlukan untuk mencerminkan jumlah yang required to reflect an unbiased and probability-
tidak bias dan probabilitas tertimbang yang weighted amount that is determined by
ditentukan dengan mengevaluasi evaluating a range of reasonably possible
serangkaian kemungkinan yang dapat outcomes using reasonable and supportable
terjadi menggunakan informasi yang wajar information about past events, current
dan terdukung dengan peristiwa masa conditions and forecasts of future economic
lampau, kondisi saat ini, dan proyeksi terkait conditions.
dengan kondisi ekonomi di masa depan.
49
Page 460
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.1. Aset keuangan yang dicatat pada biaya i.1. Financial assets carried at amortized cost
perolehan diamortisasi (lanjutan) (continued)
Pengukuran kerugian kredit Expected credit loss measurement
ekspektasian (lanjutan) (continued)
Eksposur yang mengalami penurunan nilai Credit-impaired (or defaulted) exposures -
kredit/memburuk (gagal bayar) - Tahap 3 Stage 3 (continued)
(lanjutan)
Periode yang diperhitungkan ketika The period considered when measuring ECL
mengukur KKE adalah periode yang lebih is the shorter of the expected life and the
pendek antara umur ekspektasian dan contractual term of the financial asset. The
periode kontrak aset keuangan, Umur expected life may be impacted by
ekspektasian dapat dipengaruhi oleh prepayments and the maximum contractual
pembayaran dimuka dan periode kontrak term by extension options. For certain
maksimum melalui opsi perpanjangan revolving portfolios, the expected life is
kontrak. Untuk portfolio revolving tertentu, assessed over the period that the Bank is
umur ekspektasian dinilai sepanjang periode exposed to credit risk, not the contractual term
dimana Bank terekspos dengan risiko kredit, of contract.
bukan sepanjang periode kontrak.
KKE atas komitmen pinjaman dan jaminan ECL on loan commitments and financial
keuangan diakui pada liabilitas lain-lain. Jika guarantees is recognized as other liabilities.
intrumen keuangan mencakup komponen Where a financial instrument includes both a
yang telah ditarik dan yang belum ditarik, drawn and an undrawn component, and the
dan Bank tidak dapat mengidentifikasi KKE Bank cannot identify the ECL on the loan
pada komponen pinjaman secara terpisah commitment component separately from
dari komponen yang telah ditarik, Bank those on the drawn component, the Bank
menyajikan cadangan kerugian gabungan presents a combined loss allowance for both
untuk kedua komponen. Jumlah gabungan components. The combined amount is
cadangan kerugian disajikan sebagai presented as a deduction from the gross
pengurang dari nilai tercatat bruto carrying amount of the drawn component. Any
komponen yang telah ditarik. Kelebihan dari excess of the loss allowance over the gross
cadangan kerugian atas nilai tercatat carrying amount of the drawn component is
komponen yang telah ditarik disajikan presented as other liabilities.
sebagai liabilitas lain-lain.
Penyajian kerugian kredit ekspektasian Presentation of expected credit losses
Untuk aset keuangan yang diukur pada For financial assets measured at amortized
biaya perolehan diamortisasi, saldo di cost, the balance at consolidated statement of
laporan posisi keuangan konsolidasian financial position reflects the gross carrying
mencerminkan nilai tercatat bruto dikurangi amount less ECL. Changes in expected credit
KKE. Perubahan atas kerugian kredit losses are recognized in the current year profit
ekspektasian diakui pada laba rugi tahun or loss.
berjalan.
50
Page 461
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.2. Aset keuangan yang diukur pada nilai i.2. Financial assets measured at fair value
wajar melalui penghasilan komprehensif through other comprehensive income
lain
Pengukuran KKE untuk aset keuangan The ECL measurement for debt instrument
instrumen utang yang diukur pada nilai wajar financial assets measured at fair value through
melalui penghasilan komprehensif lain other comprehensive income uses the same
(FVOCI) menggunakan pendekatan dan approach and calculation model in measuring
model perhitungan yang sama dengan ECL for financial assets carried at amortized
pengukuran KKE untuk aset keuangan yang cost. For debt instrument financial assets in
diukur pada biaya perolehan diamortisasi. FVOCI category, the balance in consolidated
Untuk aset keuangan instrumen utang dalam statement of financial position reflects the
kategori FVOCI, saldo di laporan posisi instrument’s fair value, with the ECL held as a
keuangan konsolidasian mencerminkan nilai separate reserve within other comprehensive
wajar instrumen, dengan KKE dibukukan income. Changes in expected credit losses are
terpisah sebagai cadangan pada penghasilan recognized in the current year profit or loss.
komprehensif lain. Perubahan atas kerugian
kredit ekspektasian diakui pada laba rugi
tahun berjalan.
i.3. Piutang murabahah i.3. Murabahah receivables
Entitas Anak melakukan evaluasi penurunan The Subsidiary performs impairment
nilai secara kolektif karena seluruh piutang evaluation collectively as all murabahah
murabahah memiliki nilai tidak signifikan receivables have individually insignificant
secara individu. value.
Untuk penurunan nilai secara kolektif ini, For this collective impairment, the Subsidiary
Entitas Anak mengelompokkan portofolio classifies the receivables portfolio based on
piutang berdasarkan kesamaan karakteristik the similarity of credit risk characteristics, that
risiko kredit yaitu antara nasabah yang is between customers who were given
diberikan restrukturisasi dan nasabah yang restructuring and customers who were not
tidak direstrukturisasi, dimana metode yang restructured, where the method used follows
digunakan mengikuti incurred loss atau the incurred losses or reporting regulations.
regulatory reporting.
Entitas Anak menggunakan model analisa The Subsidiary uses statistical analysis
statistik dalam perhitungan cadangan models in determining the collective
kerugian penurunan nilai secara kolektif, yaitu impairment loss allowance, that is the
metode migration analysis. migration analysis method.
Pada metode migration analysis, Entitas Anak In the migration analysis method, the
menentukan tingkat kerugian dari portofolio Subsidiary determines the loss rate of the
selama periode antara terjadinya peristiwa portfolio from the period between the
gagal bayar dengan saat kerugian occurrence of an default event and the
teridentifikasi untuk setiap portofolio yang identification of a loss for each identified
teridentifikasi dalam jangka waktu portfolio witthin 12 months. Impairment losses
12 bulan. Kerugian penurunan nilai atas on murabahah receivables are measured at
piutang murabahah diukur sebesar selisih the difference between the carrying amount of
antara nilai tercatat piutang murabahah the murabahah receivables and present value
dengan nilai kini estimasi arus kas masa of estimated future cash flows.
datang.
51
Page 462
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
i. Cadangan kerugian penurunan nilai aset i. Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
i.3. Piutang murabahah (lanjutan) i.3. Murabahah receivables (continued)
Ketika pembiayaan yang diberikan tidak When a financing is uncollectible, it is written-
tertagih, pembiayaan tersebut off against the related allowance for
dihapusbukukan dengan menjurnal balik impairment losses. Such financing is written-
cadangan kerugian penurunan nilai. off after all necessary procedures have been
Pembiayaan tersebut dapat dihapusbuku completed and the amount of the loss has
setelah semua prosedur yang diperlukan telah been determined.
terpenuhi dan jumlah kerugian telah
ditentukan.
Penerimaan kembali atas pembiayaan yang Subsequent recoveries of financing written off
telah dihapusbukukan pada tahun berjalan in the current year are credited to the
dikreditkan pada akun pembentukan provision for allowance for impairment losses
cadangan kerugian penurunan nilai. account. Subsequent recoveries of financing
Penerimaan kembali atas pembiayaan yang written off in previous year are recognized as
telah dihapusbukukan pada tahun other operating income.
sebelumnya dicatat sebagai pendapatan
operasional lainnya.
j. Giro pada Bank Indonesia dan bank-bank j. Current accounts with Bank Indonesia and
lain other banks
Setelah pengakuan awal, giro pada Bank Subsequent to initial recognition, current
Indonesia dan bank-bank lain diukur pada biaya accounts with Bank Indonesia and other banks
perolehan diamortisasi dengan menggunakan are measured at amortized cost using the
metode bunga efektif. effective interest method.
Giro pada Bank Indonesia termasuk giro wadiah Current accounts with Bank Indonesia include
Entitas Anak yang disajikan sebesar biaya the Subsidiary’s wadiah current accounts which
perolehan. Giro pada bank-bank lain termasuk are stated at acquisition cost. Current accounts
giro pada bank-bank lain Entitas Anak yang with other banks include the Subsidiary’s current
dinyatakan sebesar saldo giro dikurangi dengan accounts with other banks which are stated at
cadangan kerugian penurunan nilai. their outstanding balances, net of allowance for
impairment losses.
52
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
k. Penempatan pada Bank Indonesia dan bank- k. Placements with Bank Indonesia and other
bank lain banks
Setelah pengakuan awal, penempatan pada Subsequent to initial recognition, placements
Bank Indonesia dan bank-bank lain disajikan with Bank Indonesia and other banks are stated
sebesar biaya perolehan diamortisasi dengan at amortized cost using the effective interest
menggunakan metode bunga efektif. method.
Penempatan pada Bank Indonesia termasuk Placements with Bank Indonesia include
penanaman dana pada Bank Indonesia berupa placements of funds with Bank Indonesia in the
Fasilitas Simpanan Bank Indonesia (“FASBI”), form of Bank Indonesia Deposit Facilities
Fasilitas Simpanan Bank Indonesia Syariah (“FASBI”), Bank Indonesia Sharia Deposit
(“FASBIS”), Deposito Berjangka Bank Indonesia Facilities (“FASBIS”), Bank Indonesia Term
dan call money. FASBIS merupakan sertifikat Deposit and call money. FASBIS are certificates
yang diterbitkan Bank Indonesia sebagai bukti issued by Bank Indonesia as a proof of short-
penitipan dana berjangka pendek dengan akad term fund deposits under wadiah agreements.
adalah wadiah. Penempatan pada Bank Placements with Bank Indonesia and other
Indonesia dan bank-bank lain dari Entitas Anak banks of the Subsidiaries are stated at
disajikan sebesar biaya perolehan. acquisition cost.
l. Efek-efek l. Securities
Efek-efek terdiri dari Sertifikat Investasi Securities consist of Certificate of Interbank
Mudharabah Antar bank (“SIMA”), Sukuk Bank Mudharabah Investment (“SIMA”), Bank
Indonesia, sukuk korporasi, obligasi korporasi, Indonesia Sukuk, corporate sukuk, corporate
Surat Berharga Syariah Negara, reksa dana bonds, Sovereign Sharia Securities, sharia
syariah, obligasi pemerintah yang mutual funds, government bonds traded in the
diperdagangkan di pasar uang dan pasar modal, money market and capital market, and export
dan wesel ekspor. bills.
Efek-efek (selain sukuk, SIMA, reksa dana Securities (other than sukuk, SIMA, sharia
syariah, dan surat berharga lainnya berdasarkan mutual funds and other securities based on
prinsip syariah) pada awalnya dinilai sharia principles) are initially measured at fair
berdasarkan nilai wajar ditambah dengan (untuk value plus (for securities not subsequently
efek-efek yang tidak diukur pada nilai wajar measured at fair value through profit or loss)
melalui laba rugi) biaya transaksi yang dapat directly attributable transaction costs and
diatribusikan secara langsung dan pengukuran subsequent measurement will depend on their
selanjutnya tergantung pada klasifikasinya. Lihat classification. Refer to Note 2h.3 for the
Catatan 2h.3 untuk kebijakan akuntansi aset accounting policy of financial assets measured at
keuangan diukur pada biaya perolehan amortized cost.
diamortisasi.
Untuk efek-efek yang diukur dengan FVOCI, For securities measured at FVOCI, gains and
keuntungan dan kerugian diakui dalam losses are recognized in other comprehensive
penghasilan komprehensif lain, kecuali untuk income, except for the following, which are
beberapa hal di bawah ini yang diakui dalam recognized in profit or loss in the same manner
laba rugi sama seperti aset keuangan yang as for financial asset measured at amortized
diukur dengan biaya perolehan amortisasi: costs:
- pendapatan bunga menggunakan metode - interest amount using effective interest rate
suku bunga efektif; method;
- kerugian kredit ekspektasian dan pemulihan; - expected credit losses and reversal; and
dan
- keuntungan dan kerugian selisih kurs. - foreign exchange gain and losses.
53
Page 464
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Ketika efek-efek yang diukur pada FVOCI When securities measured at FVOCI are
dihentikan pengakuannya, keuntungan dan derecognized, the cumulative gain or loss
kerugian yang terakumulasi yang sebelumnya previously recognized in other comprehensive
diakui dalam penghasilan komprehensif lain di income is reclassified from equity to profit or
reklasifikasi dari ekuitas ke laba rugi. loss.
Efek-efek yang diukur dengan FVTPL saat Securities measured at FVTPL are initially
pengakuan awal dan setelah pengakuan awal recognized and subsequently measured at fair
diakui dan diukur pada nilai wajar di laporan value in the statement of financial position, with
posisi keuangan, dengan biaya transaksi yang transaction costs recognized directly in profit or
terjadi diakui langsung pada laba rugi. loss.
Seluruh perubahan nilai wajar diakui sebagai All changes in fair value are recognized as part
bagian dari pendapatan operasional lainnya of other operational income in the statement of
dalam laporan laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain. Keuntungan atau kerugian Gains or losses which are realized when the
yang direalisasi pada saat penjualan atau securities measured at FVTPL are sold or settled
penyelesaian efek-efek yang diukur dengan are recognized in profit or loss.
FVTPL diakui pada laba rugi.
Premi dan/atau diskonto diamortisasi dan Premium and/or discount is amortized and
dilaporkan sebagai pendapatan bunga dengan reported as interest income using the effective
menggunakan metode suku bunga efektif. interest method.
Surat berharga syariah adalah surat bukti Sharia marketable are proof of investments
investasi berdasarkan prinsip syariah yang lazim based on sharia principles that are commonly
diperdagangkan di pasar uang syariah dan/atau traded in the sharia money market and/or sharia
pasar modal syariah antara lain obligasi syariah capital markets, including sharia bonds (sukuk),
(sukuk), Sertifikat Investasi Mudharabah Certificate of Interbank Mudharabah Investment
Antarbank (SIMA), reksa dana syariah, investasi (SIMA), sharia mutual funds, investment in
pada efek ekuitas dan surat berharga lainnya equity securities and other securities based on
berdasarkan prinsip syariah. sharia principles.
Grup menentukan klasifikasi investasi pada The Group determines the classification of
sukuk dan efek lain berprinsip syariah yang investments in sukuk and other securities under
mempunyai karakteristik yang serupa dengan sharia principles which have similar
sukuk, sesuai dengan PSAK characteristic with sukuk, in accordance with
No. 410 tentang “Akuntansi Sukuk” sebagai PSAK No. 410 regarding “Accounting for Sukuk”
berikut: as follows:
1) Diukur pada biaya perolehan. Investasi 1) Measured at acquisition cost. The
tersebut dimiliki dalam suatu model usaha investment is held in a business model
yang bertujuan utama untuk memperoleh whereby the primary goal is to collect
arus kas kontraktual dan terdapat contractual cash flows and has contractual
persyaratan kontraktual dalam menentukan terms in determining the specific date of
tanggal tertentu atas pembayaran pokok principal payments and or the margin. At the
dan atau hasilnya. Pada saat pengakuan initial recognition, investments in sukuk are
awal, investasi pada sukuk diukur pada nilai measured at fair value plus directly
wajar termasuk biaya transaksi yang dapat attributable transaction costs. Subsequent to
diatribusikan secara langsung untuk initial recognition, investments in sukuk are
memperoleh investasi tersebut. Setelah stated at acquisition cost, plus unamortized
pengakuan awal, investasi pada sukuk portion of transaction costs that are amortized
dinyatakan sebesar biaya perolehan, using straight-line method, minus allowance
ditambah biaya transaksi yang belum for impairment losses, if any.
diamortisasi dengan menggunakan metode
garis lurus, dikurangi cadangan kerugian
penurunan nilai, jika ada.
54
Page 465
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
l. Efek-efek (lanjutan) l. Securities (continued)
Grup menentukan klasifikasi investasi pada The Group determines the classification of
sukuk dan efek lain berprinsip syariah yang investments in sukuk and other securities under
mempunyai karakteristik yang serupa dengan sharia principles which have similar
sukuk, sesuai dengan PSAK characteristic with sukuk, in accordance with
No. 410 tentang “Akuntansi Sukuk” sebagai PSAK No. 410 regarding “Accounting for Sukuk”
berikut: (lanjutan) as follows: (continued)
2) Diukur pada nilai wajar melalui penghasilan 2) Measured at fair value through other
komprehensif lain. Investasi tersebut dimiliki comprehensive income. The investment is
dalam suatu model usaha yang bertujuan held in a business model whereby the primary
utama untuk memperoleh arus kas goal is to obtain contractual cash flows and to
kontraktual dan melakukan penjualan sell the sukuk, and has contractual terms in
sukuk, dan terdapat persyaratan determining the specific date of principal
kontraktual dalam menentukan tanggal payments and/or the results.
tertentu atas pembayaran pokok dan/atau
hasilnya.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in sukuk
sukuk diukur pada nilai wajar termasuk are measured at fair value plus directly
biaya transaksi yang dapat diatribusikan attributable transaction costs. Subsequent to
secara langsung untuk memper investasi initial recognition, investments in sukuk are
tersebut. Setelah pengakuan awal, investasi stated at fair value. All changes in fair value
pada sukuk dicatat sebesar nilai wajar. are recognized in other comprehensive
Seluruh perubahan nilai wajar diakui pada income. When sukuk is derecognized,
penghasilan komprehensif lain. Ketika accumulated gain or loss which has
investasi sukuk dihentikan pengakuannya, previously recognized in other comprehensive
akumulasi keuntungan atau kerugian yang income is reclassified to profit or loss.
sebelumnya diakui dalam penghasilan
komprehensif lain dipindahkan ke laba rugi.
3) Diukur pada nilai wajar melalui laba rugi. 3) Measured at fair value through profit or loss.
Pada saat pengakuan awal, investasi pada At the initial recognition, investments in sukuk
sukuk diukur pada nilai wajar tidak termasuk are measured at fair value excluding
biaya transaksi. Biaya transaksi langsung transaction costs. Transaction costs are
diakui pada laba rugi. Setelah pengakuan directly recognized in profit or loss.
awal, investasi pada sukuk dicatat sebesar Subsequent to initial recognition, investments
nilai wajar. Seluruh perubahan nilai wajar in sukuk are stated at fair value. All changes
diakui pada laba rugi tahun berjalan. in fair value are recognized in the current year
profit or loss.
Investasi dalam unit reksa dana syariah Investment in sharia mutual funds are presented
dinyatakan sebesar nilai wajar yang ditentukan at fair value which is measured based on net
berdasarkan nilai aset bersih dari reksa dana asset value of mutual funds at reporting date. All
pada tanggal pelaporan. Seluruh perubahan changes in net asset value are recognized in
nilai aset bersih diakui pada penghasilan other comprehensive income. Investments in
komprehensif lain. Investasi dalam unit reksa protected sharia mutual funds are presented at
dana syariah terproteksi dinyatakan sebesar acquisition cost.
biaya perolehan.
55
Page 466
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
m. Efek-efek yang dibeli dengan janji dijual m. Securities purchased under resale
kembali (reverse repo) agreement (reverse repo)
Efek-efek yang dibeli dengan janji untuk dijual Securities purchased under resale agreements
kembali disajikan sebagai aset dalam laporan are presented as an asset in the consolidated
posisi keuangan konsolidasian sebesar harga statement of financial position at the purchase
beli ditambah dengan pendapatan bunga yang price added with interest income recognised but
sudah diakui tapi belum diterima, dikurangi not yet received, less allowance for impairment
dengan cadangan kerugian penurunan nilai, jika losses, where appropriate.
diperlukan.
Pada pengukuran awal, efek-efek yang dibeli Securities purchased under resale agreement
dengan janji dijual kembali (reverse repo) (reverse repo) are initially measured at fair value
disajikan sebesar nilai wajar ditambah dengan plus directly attributable transaction costs.
biaya transaksi yang dapat diatribusikan secara
langsung.
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreement
(reverse repo) diklasifikasikan sebagai aset (reverse repo) are classified as financial asset at
keuangan yang diukur pada biaya perolehan amortised cost. Refer to Note 2h for the
diarmotisasi. Lihat Catatan 2h untuk kebijakan accounting policy of financial assets and financial
akuntansi aset keuangan dan liabilitas liabilities.
keuangan.
n. Tagihan dan liabilitas derivatif n. Derivative receivables and payables
Dalam melakukan usaha bisnisnya, Bank In the normal course of business, the Bank enters
melakukan transaksi instrumen keuangan into transactions involving derivative financial
derivatif seperti swap mata uang asing, cross instruments such as foreign currency swap, cross
currency swap, dan swap suku bunga. currency swap, and interest rate swap.
Instrumen keuangan derivatif diakui pada nilai Derivative financial instruments are recognized
wajar, dengan biaya transaksi yang terjadi diakui at their fair value, with transaction costs
langsung pada laba rugi. Derivatif dicatat recognized directly in profit or loss. Derivative are
sebagai aset apabila memiliki nilai wajar positif carried as assets when the fair value is positive
dan sebagai liabilitas apabila memiliki nilai wajar and as liabilities when the fair value is negative.
negatif.
Keuntungan atau kerugian yang terjadi dari Gains or losses as a result of fair value changes
perubahan nilai wajar diakui sebagai laba rugi are recognized as current year profit or loss.
tahun berjalan.
Instrumen derivatif yang dimiliki Entitas Anak Derivative instruments held by the Subsidiaries
digunakan untuk tujuan manajemen risiko. are for risk management purposes. These
Instrumen derivatif ini digunakan untuk lindung derivative instruments are used to hedge the
nilai terhadap eksposur Entitas Anak terhadap Subsidiaries’ exposures to variability in cash
variabilitas arus kas yang diatribusikan dari flows that is attributable to interest rate risk and
risiko tingkat suku bunga dan risiko mata uang currency risk associated with recognized
yang timbul dari liabilitas yang dapat liabilities that could affect profit or loss. Derivative
mempengaruhi laba rugi. Instrumen derivatif instruments are recognized in the financial
diakui dalam laporan keuangan pada nilai wajar. statements at fair value. To qualify for hedge
Untuk memenuhi persyaratan akuntansi lindung accounting, certain criteria are to be met,
nilai, beberapa kriteria tertentu harus dipenuhi, including formal documentation to be in place at
termasuk adanya dokumentasi formal pada awal the inception of the hedge.
lindung nilai.
56
Page 467
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
n. Tagihan dan liabilitas derivatif (lanjutan) n. Derivative receivables and payables
(continued)
Pada penetapan awal lindung nilai, Entitas Anak On initial designation of the hedge, the
mendokumentasikan secara formal hubungan Subsidiaries formally documents the relationship
antara instrumen lindung nilai dan item yang between the hedging instruments and hedged
dilindung nilai, termasuk tujuan manajemen items, including the risk management objective
risiko dan strategi dalam melaksanakan and strategy in undertaking the hedge
transaksi lindung nilai, bersamaan dengan transaction, as well as the method to be used to
metode yang akan digunakan untuk menilai assess the effectiveness of the hedging
efektivitas hubungan lindung nilai. Entitas Anak relationship. The Subsidiaries make an
menilai, pada awal hubungan lindung nilai dan assessment, both at the inception of the hedge
juga secara berkesinambungan, apakah relationship as well as on an ongoing basis, as to
instrumen lindung nilai diharapkan akan sangat whether the hedging instruments are expected to
efektif dalam rangka saling hapus atas be ‘highly effective’ in offsetting the changes in
perubahan nilai wajar atau perubahan arus kas the fair value or cash flows of the respective
dari item yang dilindung nilai sepanjang periode hedged items during the period for which the
di mana lindung nilai tersebut ditetapkan, dan hedge is designated, and whether the
apakah efektivitas dari setiap lindung nilai effectiveness of each hedge is within a range of
berada dalam kisaran 80-125 persen. 80-125 percent.
Perubahan nilai wajar instrumen derivatif yang Changes in fair value of derivative instruments
tidak memenuhi kriteria lindung nilai dicatat that do not qualify for hedge accounting are
dalam laba rugi tahun berjalan. Jika instrumen recognized in the current year profit or loss. If
derivatif dirancang dan memenuhi syarat derivative instruments are designated and qualify
akuntansi lindung nilai, perubahan nilai wajar for hedge accounting, changes in fair value of
instrumen derivatif lindung nilai diakui sebagai derivative instruments designated for hedging
penyesuaian terhadap item yang dilindungi are recorded as adjustments to the items being
nilainya dalam laba rugi tahun berjalan atau hedged in the current year profit or loss or in the
disajikan dalam ekuitas, tergantung pada jenis equity, depending on the type of hedge
transaksi dan efektivitas dari lindung nilai transactions represented and the effectiveness
tersebut. of the hedge.
Entitas Anak menetapkan derivatif sebagai The Subsidiaries designate derivatives as
instrumen lindung nilai atas arus kas. Bagian hedging instruments of cash flow hedges. The
efektif dari perubahan nilai wajar derivatif yang effective portion of changes in the fair value of the
ditetapkan sebagai instrumen lindung nilai atas derivatives designated as hedging instruments of
arus kas dalam hubungan lindung nilai yang cash flows hedges in qualifying hedging
memenuhi persyaratan, diakui pada relationships is recognized in other
penghasilan komprehensif lain sebagai comprehensive income as cumulative gains
keuntungan (kerugian) kumulatif atas instrumen (losses) on derivative instruments for cash flows
derivatif untuk lindung nilai arus kas yang hedges which are part of equity. The amount
merupakan bagian dari ekuitas. Jumlah yang recognized in other comprehensive income is
diakui pada penghasilan komprehensif lain reclassified to profit or loss as a reclassification
direklasifikasi ke dalam laba rugi sebagai adjustment in the same period as the hedged
penyesuaian reklasifikasi dalam periode yang cash flows affect profit or loss, and in the same
sama dimana arus kas yang dilindung nilai line item in the statement of profit or loss and
mempengaruhi laba rugi, dan pada line item other comprehensive income. Any ineffective
yang sama dalam laporan laba rugi dan portion of changes in the fair value of the
penghasilan komprehensif lain. Bagian yang derivatives is recognized immediately in the profit
tidak efektif atas perubahan nilai wajar or loss
instrumen derivatif diakui segera pada laba rugi.
57
Page 468
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
n. Tagihan dan liabilitas derivatif (lanjutan) n. Derivative receivables and payables
(continued)
Ketika instrumen lindung nilai kadaluwarsa atau If the hedging derivative expires or is
dijual, dihentikan atau dilaksanakan, atau tidak sold,terminated or exercised, or the hedge no
lagi memenuhi kriteria akuntansi lindung nilai longer meets the criteria for cash flow hedge
atau lindung nilai dibatalkan, akuntansi lindung accounting, or the hedge designation is revoked,
nilai tidak dilanjutkan secara prospektif. then hedge accounting is discontinued
Keuntungan (kerugian) kumulatif atas instrumen prospectively. The cumulative gains (losses) on
derivatif untuk lindung nilai arus kas tetap diakui derivative instruments for cash flows hedges
di ekuitas, dan direklasifikasi ke laba rugi remain in the equity, and is subsequently
sebagai penyesuaian reklasifikasi ketika item reclassified to profit or loss as a reclassification
yang dilindung nilai diakui dalam laba rugi. adjustment when the hedged item affects profit or
loss.
o. Tagihan dan liabilitas akseptasi o. Acceptance receivables and payables
Tagihan akseptasi disajikan sebesar biaya Acceptance receivables are stated at amortized
perolehan diamortisasi dengan menggunakan cost using the effective interest method less
metode bunga efektif dikurangi cadangan allowance for impairment losses, where
kerugian penurunan nilai, jika diperlukan. appropriate.
Liabilitas akseptasi pada awalnya diakui sebesar Acceptance payables are recognized initially at
nilai wajar dan selanjutnya diukur pada biaya fair value and subsequently measured at
perolehan diamortisasi dengan menggunakan amortized cost using the effective interest
metode bunga efektif. method.
Tagihan akseptasi diklasifikasikan sebagai Acceptance receivables are classified as
biaya perolehan diamortisasi. Lihat Catatan 2h amortized cost. Refer to Note 2h for the
untuk kebijakan akuntansi mengenai biaya accounting policy of amortized cost.
perolehan diamortisasi.
p. Pinjaman yang diberikan dan pembiayaan/ p. Loans and sharia financing/receivables
piutang syariah
Pinjaman yang diberikan adalah penyediaan Loans represent disbursement of cash or cash
uang atau tagihan yang dapat disetarakan equivalent based on agreements with borrowers,
dengan kas, berdasarkan persetujuan atau where borrowers are required to repay their debts
kesepakatan pinjam-meminjam dengan debitur with interest after a specified period.
yang mewajibkan debitur untuk melunasi utang
berikut bunganya setelah jangka waktu tertentu.
Seluruh kontrak pembiayaan bersama yang All joint financing contracts entered by the Bank
dilakukan oleh Bank merupakan pembiayaan are joint financing without recourse in which joint
bersama tanpa tanggung renteng (without financing is recorded according to the proportion
recourse) di mana pembiayaan bersama dicatat of risks borne by the Bank and stated at
sesuai dengan porsi kredit yang risikonya amortized cost.
ditanggung oleh Bank, dan dinyatakan sebesar
biaya perolehan diamortisasi.
Pinjaman yang diberikan diklasifikasikan Loans are classified as amortized cost. Refer to
sebagai biaya perolehan diamortisasi. Lihat Note 2h for the accounting policy of amortized
Catatan 2h untuk kebijakan akuntansi mengenai cost.
biaya perolehan diamortisasi.
Termasuk dalam pinjaman yang diberikan Included in the loans are sharia financing/
adalah pembiayaan/piutang syariah yang terdiri receivables which consist of murabahah
dari piutang murabahah, pembiayaan receivables, musyarakah financing and funds of
musyarakah dan pinjaman qardh. qardh.
58
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
p. Pinjaman yang diberikan dan pembiayaan/ p. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Murabahah adalah akad jual beli antara Murabahah is a sale and purchase contract
nasabah dengan Entitas Anak, dimana Entitas between the customer and the Subsidiary,
Anak membiayai kebutuhan barang untuk whereby the Subsidiary finances the goods for
konsumsi, investasi dan modal kerja nasabah, consumption, investment and working capital
yang dijual dengan harga pokok ditambah needs of the customer, sold with a principle price
dengan marjin yang diketahui dan disepakati plus a certain margin that is mutually informed
bersama. Pembayaran atas pembiayaan ini and agreed. Repayment on this financing is
dilakukan dengan cara mengangsur dalam made in installments within a specified period.
jangka waktu yang ditentukan.
Piutang murabahah pada awalnya diukur pada Murabahah receivables are initially measured at
nilai bersih yang dapat direalisasi ditambah net realisable value plus directly attributable
dengan biaya transaksi yang dapat diatribusikan transaction costs and additional costs to obtain
secara langsung dan biaya tambahan untuk the respective murabahah receivables.
memperoleh piutang murabahah tersebut. Subsequent to the initial recognition, they are
Setelah pengakuan awal, piutang murabahah measured at amortized cost using the effective
diukur pada biaya perolehan diamortisasi rate of return method less deferred margin
menggunakan metode imbal hasil efektif income and allowance for impairment losses.
dikurangi pendapatan margin yang
ditangguhkan dan cadangan kerugian
penurunan nilai.
Pembiayaan musyarakah adalah akad Musyarakah financing is an agreement between
kerjasama antara dua pihak atau lebih untuk two or more parties for a particular business, in
suatu usaha tertentu, dimana masing-masing which each party contributes funds with the terms
pihak memberikan kontribusi dana dengan that profits are shared according to the
ketentuan bahwa keuntungan dibagi agreement, while losses are borne by each party
berdasarkan kesepakatan, sedangkan kerugian proportionate to the amount of fund contributions.
berdasarkan porsi kontribusi dana. Dana The fund consists of cash or non-cash assets
tersebut meliputi kas atau aset non-kas yang allowed by sharia.
diperkenankan oleh syariah.
Pembiayaan musyarakah dinyatakan sebesar Musyarakah financing is stated at outstanding
saldo pembiayaan dikurangi dengan saldo balance, net of allowance for impairment losses.
cadangan kerugian penurunan nilai. Entitas The Subsidiary provides allowance for
Anak menetapkan cadangan kerugian impairment losses based on the financing quality
penurunan nilai sesuai dengan kualitas as determined by a review of each account.
pembiayaan berdasarkan penelaahan atas
masing-masing saldo pembiayaan.
Pinjaman qardh adalah penyaluran dana Funds of qardh represent a distribution of funds
dengan akad qardh. with qardh agreement.
Pinjaman qardh adalah penyediaan dana atau Funds of qardh represent funds provided or
tagihan yang dapat dipersamakan dengan itu similar claims based on an agreement or contract
berdasarkan persetujuan atau kesepakatan between the borrower and the Subsidiary,
antara peminjam dan Entitas Anak yang wherein the borrower should repay the loan after
mewajibkan peminjam melunasi utangnya a specified period of time.
setelah jangka waktu tertentu.
59
Page 470
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
p. Pinjaman yang diberikan dan pembiayaan/ p. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Pinjaman qardh diakui sebesar total dana yang Funds of qardh are recognized in the amount lent
dipinjamkan pada saat terjadinya. Entitas Anak to the borrower at the transaction date. The
dapat menerima imbalan namun tidak Subsidiary may receive a fee, however, this
diperkenankan untuk dipersyaratkan di dalam should not be stated in the agreement. The fee is
perjanjian. Imbalan tersebut diakui pada saat recognized upon receipt.
diterima.
Pinjaman qardh disajikan sebesar saldonya Funds of qardh are stated at its outstanding
dikurangi cadangan kerugian penurunan nilai. balance less allowance for impairment losses.
Modifikasi pinjaman yang diberikan Modification of loans
Skema modifikasi pinjaman yang diberikan Modification schemes for loans can be in the
dapat berupa penyesuaian pada suku bunga, form of adjustment on interest rate, loan principal
pokok bunga dan tunggakan bunga, and past due interest, extension of repayment
perpanjangan jangka waktu jatuh tempo, period, rescheduling of installments and other
penjadwalan kembali pembayaran angsuran modification of the terms of the loans.
serta modifikasi persyaratan kredit lainnya.
Jika persyaratan perjanjian suatu pinjaman If the terms of a loan are modified, then the Bank
dimodifikasi, maka Bank mengevaluasi apakah evaluates whether the contractual cash flows of
arus kas kontraktual dari pinjaman yang the modified asset are substantially different.
termodifikasi berbeda secara signifikan.
Jika arus kas berbeda secara signifikan, maka If the cash flows are substantially different, then
hak kontraktual atas arus kas dari aset the contractual rights to cash flows from the
keuangan yang original sebenarnya telah original financial asset are deemed to have
kadaluarsa. Dalam hal ini, aset keuangan yang expired. In this case the original financial asset is
original dihentikan pengakuannya dan aset derecognized and a new financial asset is
keuangan yang baru diakui pada nilai wajar recognized at fair value plus any eligible
ditambah biaya transaksi yang memenuhi transaction costs. Any fees received as part of
syarat. Imbalan yang diterima sebagai bagian the modification are accounted for as follows:
dari modifikasi diperhitungkan sebagai berikut:
- imbalan yang dipertimbangkan sewaktu - fees that are considered in determining that
menentukan nilai wajar dari aset baru dan fair value of the new asset and fees
imbalan yang merupakan pembayaran represent reimbursement of eligible
kembali (reimbursement) dari biaya transaction costs are included in the initial
transaksi yang memenuhi syarat akan measurement of the asset; and
dimasukkan sebagai pengakuan awal aset;
dan
- imbalan lainnya dimasukkan ke dalam laba - other fees are included in profit or loss as
rugi sebagai bagian dari keuntungan atau part of the gain or loss derecognition.
kerugian dari penghentian pengakuan.
60
Page 471
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
p. Pinjaman yang diberikan dan pembiayaan/ p. Loans and sharia financing/receivables
piutang syariah (lanjutan) (continued)
Modifikasi pinjaman yang diberikan (lanjutan) Modification of loans (continued)
Jika modifikasi aset keuangan yang diukur pada If the modification of a financial asset measured
biaya perolehan diamortisasi tidak at amortized cost does not result in
mengakibatkan penghentian pengakuan aset derecognition of the financial asset, then the
keuangan, maka Bank terlebih dahulu Bank first recalculates the gross carrying
menghitung kembali nilai tercatat bruto aset amount of the financial asset using the original
keuangan menggunakan suku bunga efektif effective interest rate of the asset and
awal aset tersebut dan mengakui selisih recognizes the resulting adjustment as
penyesuaian sebagai keuntungan atau kerugian modification gain or loss in profit or loss. Any
modifikasi di dalam laba rugi. Biaya atau costs or fees incurred and modification fees
imbalan yang terjadi dan imbalan modifikasi received are adjusted to the gross carrying
yang diterima disesuaikan ke nilai tercatat bruto amount of the modified financial asset and are
dan diamortisasi selama sisa jangka waktu aset amortized over the remaining term of the
keuangan yang dimodifikasi. modified financial asset.
Jika modifikasi dilakukan karena alasan risiko If a modification is carried out because of credit-
kredit, maka keuntungan atau kerugian disajikan risk reason, then the gain or loss is presented
sebagai kerugian penurunan nilai. Selain karena together with impairment losses. In other cases,
alasan ini, keuntungan atau kerugian disajikan it is presented as interest income calculated
sebagai pendapatan bunga yang dihitung using the effective interest method.
dengan menggunakan metode bunga efektif.
Dalam keadaan yang tidak biasa, setelah In some unusual circumstances, after changes
perubahan atau modifikasi yang mengakibatkan or modifications that result in de-recognition of
penghentian pengakuan aset keuangan awal, the original financial asset, there may be
mungkin terdapat bukti bahwa aset modifikasian evidence that the modified asset is credit-
memburuk pada pengakuan awal. Dengan impaired at initial recognition. Accordingly, the
demikian, aset keuangan tersebut diakui financial asset should be recognized as an
sebagai aset keuangan yang memburuk pada originated credit-impaired financial asset.
pengakuan awal.
Perubahan atau modifikasi yang dilakukan Changes or modifications that were made on the
karena resiko kredit, dapat dipertimbangkan basis of credit risk reason can be considered as
sebagai indikasi aset keuangan yang berasal an indication of originated credit-impaired
dari aset keuangan yang memburuk pada financial assets. Meanwhile changes or
pengakuan awal. Sedangkan perubahan atau modifications that were made on the basis of
modifikasi yang dilakukan dengan dasar business’ considerations, may not be
pertimbangan bisnis, mungkin tidak diakui recognized as originated credit-impaired
sebagai aset keuangan yang memburuk pada financial assets. However, comprehensive
pengakuan awal. Namun, penilaian ini perlu valuation should be performed to determine
dilakukan secara menyeluruh untuk whether initial recognition of financial assets has
menentukan apakah pengakuan awal aset deteriorated at initial recognition.
keuangan telah memburuk pada saat
pengakuan awal.
61
Page 472
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Piutang pembiayaan q. Financing receivables
Setelah pengakuan awal, piutang pembiayaan Subsequest to initial recognition, financing
dicatat pada biaya perolehan diamortiasai receivables are stated to amortized cost using
dengan menggunakan metode suku bunga the effective interest rate method.
efektif.
Pendapatan pembiayaan yang belum diakui Unearned financing revenue represents the
merupakan selisih antara jumlah keseluruhan difference between total installment to be
pembayaran angsuran yang akan diterima dari received from borrower and the principal amount
debitur dan jumlah pokok pembiayaan, yang financed, which is recognized as revenue over
diakui sebagai pendapatan sepanjang jangka the term of the contract, based on the effective
waktu kontrak berdasarkan tingkat suku bunga interest rate of the related financing contract.
efektif dari kontrak pembiayaan.
Penyelesaian sebelum masa pembiayaan Early termination is treated as cancellation of the
berakhir diperlakukan sebagai pembatalan existing financing contract and resulting gains or
kontrak pembiayaan dan keuntungan atau losses are recognized in the current year profit
kerugian yang timbul diakui dalam laba rugi or loss.
tahun berjalan.
Modifikasi piutang pembiayaan Modification of financing receivables
Skema modifikasi putang pembiayaan dapat Modification schemes for financing receivables
berupa penyesuaian pada suku bunga, pokok can be in the form of adjustment on interest rate,
bunga dan tunggakan bunga, perpanjangan loan principal and past due interest, extension of
jangka waktu jatuh tempo, penjadwalan kembali repayment period, rescheduling of installments
pembayaran angsuran serta modifikasi and other modification of the terms of the
persyaratan piutang pembiayaan lainnya. financing receivables.
Jika persyaratan perjanjian suatu piutang If the terms of a loan are modified, then the
dimodifikasi, maka Grup mengevaluasi apakah Group evaluates whether the contractual cash
arus kas kontraktual dari pinjaman yang flows of the modified asset are substantially
termodifikasi berbeda secara signifikan. different.
Jika arus kas berbeda secara signifikan, maka If the cash flows are substantially different, then
hak kontraktual atas arus kas dari aset the contractual rights to cash flows from the
keuangan yang original sebenarnya telah original financial asset are deemed to have
kadaluarsa. Dalam hal ini, aset keuangan yang expired. In this case the original financial asset is
original dihentikan pengakuannya dan aset derecognized and a new financial asset is
keuangan yang baru diakui pada nilai wajar recognized at fair value plus any eligible
ditambah biaya transaksi yang memenuhi transaction costs. Any fees received as part of
syarat. Imbalan yang diterima sebagai bagian the modification are accounted for as follows:
dari modifikasi diperhitungkan sebagai berikut:
- imbalan yang dipertimbangkan sewaktu - fees that are considered in determining that
menentukan nilai wajar dari aset baru dan fair value of the new asset and fees
imbalan yang merupakan pembayaran represent reimbursement of eligible
kembali (reimbursement) dari biaya transaction costs are included in the initial
transaksi yang memenuhi syarat akan measurement of the asset; and
dimasukkan sebagai pengakuan awal aset;
dan
- imbalan lainnya dimasukkan ke dalam laba - other fees are included in profit or loss as
rugi sebagai bagian dari keuntungan atau part of the gain or loss derecognition.
kerugian dari penghentian pengakuan.
62
Page 473
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
q. Piutang pembiayaan (lanjutan) q. Financing receivables (continued)
Modifikasi piutang pembiayaan (lanjutan) Modification of financing receivables
(continued)
Jika modifikasi aset keuangan yang diukur pada If the modification of a financial asset measured
biaya perolehan diamortisasi tidak at amortized cost does not result in
mengakibatkan penghentian pengakuan aset derecognition of the financial asset, then the
keuangan, maka Entitas Anak terlebih dahulu Subsidiary first recalculates the gross carrying
menghitung kembali nilai tercatat bruto aset amount of the financial asset using the original
keuangan menggunakan suku bunga efektif effective interest rate of the asset and
awal aset tersebut dan mengakui selisih recognizes the resulting adjustment as
penyesuaian sebagai keuntungan atau kerugian modification gain or loss in profit or loss. Any
modifikasi di dalam laba rugi. Biaya atau costs or fees incurred and modification fees
imbalan yang terjadi dan imbalan modifikasi received are adjusted to the gross carrying
yang diterima disesuaikan ke nilai tercatat bruto amount of the modified financial asset and are
dan diamortisasi selama sisa jangka waktu aset amortized over the remaining term of the
keuangan yang dimodifikasi. modified financial asset.
Jika modifikasi dilakukan karena alasan risiko If a modification is carried out because of credit-
kredit, maka keuntungan atau kerugian disajikan risk reason, then the gain or loss is presented
sebagai kerugian penurunan nilai. Selain karena together with impairment losses. In other cases,
alasan ini, keuntungan atau kerugian disajikan it is presented as interest income calculated
sebagai pendapatan bunga yang dihitung using the effective interest method.
dengan menggunakan metode bunga efektif.
Pembiayaan bersama Joint financing
Seluruh kontrak pembiayaan bersama yang All joint financing contracts entered by the
dilakukan oleh Entitas Anak merupakan Subsidiary are joint financing without recourse in
pembiayaan bersama tanpa tanggung renteng which only the Subsidiary’s financing portion of
(without recourse) di mana hanya porsi jumlah the total installments is recorded as consumer
angsuran piutang yang dibiayai Entitas Anak financing receivables in the statement of
yang dicatat sebagai piutang pembiayaan financial position. Consumer financing income is
konsumen di laporan posisi keuangan. presented in the income statement net of the
Pendapatan pembiayaan konsumen disajikan portion attributable to other parties participating
pada laporan laba rugi setelah dikurangi dengan in the joint financing.
bagian yang merupakan hak pihak-pihak lain
yang berpartisipasi pada pembiayaan bersama
tersebut.
Dalam pembiayaan bersama, Entitas Anak For joint financing, the Subsidiary has the right
berhak menentukan tingkat bunga yang lebih to set higher interest rates to customers than
tinggi kepada pelanggan dari tingkat bunga those as stated in the joint financing agreements
yang ditetapkan dalam perjanjian dengan with joint financing providers. The difference is
pemberi pembiayaan bersama. Selisihnya, recognized as part of unearned consumer
diakui sebagai pendapatan pembiayaan financing income and recognized as consumer
konsumen yang belum diakui dan diakui financing income over the term of the contract
sebagai pendapatan pembiayaan konsumen using the effective interest rate method.
sesuai dengan jangka waktu kontrak dengan
menggunakan metode suku bunga efektif.
r. Penyertaan saham r. Investment in shares
Penyertaan saham dengan persentase Investment in shares with an ownership interest
kepemilikan di bawah 20% dan tidak memiliki below 20% and have no significant influence is
pengaruh signifikan pada awalnya diakui initially recognized at fair value and
sebesar nilai wajar dan selanjutnya diukur pada subsequently measured at fair value through
nilai wajar melalui laba rugi. profit or loss.
Dividen kas yang diterima dari penyertaan Cash dividend received from investment in
saham diakui sebagai pendapatan. shares is recognized as income.
63
Page 474
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
s. Beban dibayar dimuka s. Prepayments
Beban dibayar dimuka adalah beban yang telah Prepayments are expenses which have been
dibayarkan tetapi belum diakui sebagai beban paid but not yet recognized as an expense in the
pada periode terjadinya. Beban dibayar dimuka related period. Prepayments are recognized as
akan diakui sebagai beban pada laba rugi pada expenses in the profit or loss when it is
saat diamortisasi sesuai dengan masa amortized in accordance with the expected
manfaatnya. period of benefit.
t. Aset tetap t. Fixed assets
Tanah disajikan sebesar nilai wajar, Land is presented at fair value based on
berdasarkan penilaian yang dilakukan oleh valuations performed by certified external
penilai independen eksternal yang telah independent valuers which are registered with
terdaftar di OJK. Penilaian atas aset tersebut OJK. Valuations are performed on a regular
dilakukan secara berkala dan apabila terdapat basis and if there is significant change in fair
perubahan nilai wajar yang signifikan untuk value to ensure that the fair value of a revalued
memastikan bahwa nilai wajar aset yang asset does not differ materially from its carrying
direvaluasi tidak berbeda secara material amount.
dengan jumlah tercatatnya.
Kenaikan nilai tercatat yang timbul dari revaluasi The increases in the carrying amount arising
tanah dikreditkan pada “cadangan revaluasi aset from revaluation of land is credited to the
tetap” sebagai bagian dari penghasilan “reserve on revaluation of fixed assets” as part
komprehensif lainnya. Penurunan yang of other comprehensive income. The decreases
menghapus nilai kenaikan yang sebelumnya that offset the previous increases are debited
atas aset tetap yang sama dibebankan terhadap against “reserve on revaluation of fixed assets”
“cadangan revaluasi aset tetap” sebagai bagian as part of other comprehensive income; all other
dari penghasilan komprehensif lainnya; decreases are charged to the current year profit
penurunan lainnya dibebankan pada laba rugi or loss.
tahun berjalan.
Tanah tidak disusutkan. Jika aset yang Land is not depreciated. When revalued assets
direvaluasi dijual, jumlah yang dicatat di dalam are sold, the amounts included in equity are
ekuitas dipindahkan ke saldo laba. transferred to retained earnings.
Aset tetap selain tanah diakui sebesar harga Fixed assets other than land are recognized at
perolehan setelah dikurangi akumulasi cost less accumulated depreciation.
penyusutan.
Harga perolehan termasuk pengeluaran yang Acquisition cost includes expenditure that is
dapat diatribusikan secara langsung atas directly attributable to the acquisition of the
perolehan aset tersebut. assets.
Aset tetap, selain tanah, disusutkan selama Fixed assets, except land, are depreciated over
taksiran masa manfaat ekonomis aset tetap their expected useful lives using straight-line
dengan metode garis lurus dan diakui sebesar method and are stated at cost less accumulated
harga perolehan setelah dikurangi dengan depreciation.
akumulasi penyusutan.
Taksiran masa manfaat ekonomis aset tetap The expected useful lives of fixed assets are as
adalah sebagai berikut: follows:
Tahun/Years
Gedung 20 Buildings
Kendaraan bermotor 3-5 Vehicles
Perlengkapan kantor 4 - 10 Office equipment
sesuai masa sewa/according to
Leasehold improvement lease period Leasehold improvement
64
Page 475
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
t. Aset tetap (lanjutan) t. Fixed assets (continued)
Kendaraan bermotor adalah sepeda motor, Motor vehicles are motorcycles, operational
kendaraan operasional dan kendaraan dinas vehicles and office vehicles for directors or
untuk direktur atau komisaris. commissioners.
Perlengkapan kantor adalah mebel dan Office equipment are furniture and office
peralatan dari kayu dan rotan, mesin kantor equipment made from wood, office machine
seperti mesin tik, mesin fotokopi, komputer, such as typing machine, photocopy machine,
laptop, alat komunikasi, alat dapur dan computer, laptop, communication tools, kitchen
perlengkapan lain seperti CCTV, mebel dan set and other equipment such as CCTV,
peralatan dari logam seperti brankas, pendingin furniture and office equipment made from metal
ruangan, dan generator listrik. such as safes, air conditioning and electrical
generator.
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian dari nilai tercatat aset atau carrying amount or recognized as a separate
sebagai aset yang terpisah sebagaimana asset, as appropriate, only when it is probable
mestinya, hanya jika kemungkinan besar Grup that future economic benefits associated with the
akan mendapatkan manfaat ekonomis masa item will flow to the Group and the cost of the
depan berkenaan dengan aset tersebut dan item can be measured reliably. The carrying
biaya perolehan aset dapat diukur dengan amount of the replaced part is derecognized.
handal. Nilai tercatat komponen yang diganti Repairs and maintenance costs are charged to
dihapuskan. Biaya perbaikan dan pemeliharaan the current year profit or loss.
dibebankan ke dalam laba rugi tahun berjalan.
Apabila aset tetap tidak digunakan lagi atau When fixed assets are no longer in use or
dijual, maka nilai perolehan dan akumulasi disposed of, their costs and the related
penyusutannya dihapuskan dari laporan accumulated depreciation are written off in the
keuangan konsolidasian. Keuntungan atau consolidated financial statements. Net gains or
kerugian bersih atas pelepasan aset tetap losses on disposals are determined by
ditentukan dengan membandingkan hasil yang comparing the proceeds with the carrying
diterima dengan nilai tercatat dan diakui pada amount and are recognized in the current year
laba rugi tahun berjalan. profit or loss.
Akumulasi biaya konstruksi bangunan serta The accumulated costs of the construction of
pemasangan peralatan kantor, dikapitalisasi buildings and the installation of office equipment
sebagai aset dalam penyelesaian. Biaya are capitalized as construction in progress.
tersebut direklasifikasi ke akun aset tetap pada These costs are reclassified to fixed assets
saat proses konstruksi atau pemasangan accounts when the construction or installation is
selesai. Penyusutan dimulai pada saat aset completed. Depreciation is charged from the
tersebut siap untuk digunakan dengan tujuan date the assets are ready for use in the manner
yang diinginkan manajemen. intended by management.
Nilai tercatat aset segera diturunkan menjadi S The asset’s carrying amount is written down
sebesar jumlah yang dapat dipulihkan ketika e immediately to its recoverable amount when the
nilai tercatat aset lebih besar dari estimasi asset’s carrying amount is greater than its
jumlah yang dapat dipulihkan. estimated recoverable amount.
Nilai sisa aset, masa manfaat dan metode The assets’ residual values, useful lives and
penyusutan ditelaah dan jika perlu disesuaikan, depreciation method are reviewed and adjusted
pada setiap akhir periode pelaporan. if appropriate, at the end of each reporting
period.
65
Page 476
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Aset takberwujud dan goodwill u. Intangible assets and goodwill
Goodwill Goodwill
Goodwill dinyatakan sebesar nilai perolehan Goodwill is carried at cost less accumulated
dikurangi akumulasi kerugian penurunan nilai. impairment losses. Goodwill impairment reviews
Peninjauan atas penurunan nilai pada goodwill are undertaken annually or more frequently if
dilakukan setahun sekali atau lebih sering events or changes in circumstances indicate a
apabila terdapat peristiwa atau perubahan potential impairment.
keadaan yang mengindikasikan adanya potensi
penurunan nilai.
Merek Dagang Trademarks
Merek dagang memiliki masa manfaat yang Trademarks have a finite useful life and
terbatas dan diakui sebesar nilai perolehan, recognized at acquisition cost, subsequently
selanjutnya dicatat sebesar harga perolehan carried at cost less accumulated amortization
dikurangi akumulasi amortisasi dan kerugian and accumulated impairment losses.
penurunan nilai.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat merek dagang tersebut, sejak of the trademarks, from the date it is acquired.
tanggal merek dagang tersebut diperoleh. The estimated useful life of trademarks is up-to
Estimasi masa manfaat dari merek dagang 20 years.
adalah sampai dengan 20 tahun.
Peninjauan atas penurunan nilai pada merek Trademarks impairment reviews are undertaken
dagang dilakukan setahun sekali atau lebih annually or more frequently if events or changes
sering apabila terdapat peristiwa atau in circumstances indicate a potential impairment.
perubahan keadaan yang mengindikasikan
adanya potensi penurunan nilai.
Hubungan Pelanggan Customer Relationship
Hubungan pelanggan memiliki masa manfaat Customer relationship have a finite useful life
yang terbatas dan diakui sebesar nilai and recognized at acquisition cost, subsequently
perolehan, selanjutnya dicatat sebesar harga carried at cost less accumulated amortization
perolehan dikurangi akumulasi amortisasi dan and accumulated impairment losses.
kerugian penurunan nilai.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat hubungan pelanggan tersebut, of the customer relationship, from the date it is
sejak tanggal hubungan pelanggan tersebut acquired. The estimated useful life of customer
diperoleh. Estimasi masa manfaat dari relationship is 5-9 years.
hubungan pelanggan adalah 5-9 tahun.
Peninjauan atas penurunan nilai pada hubungan Customer relationship impairment reviews are
pelanggan dilakukan setahun sekali atau lebih undertaken annually or more frequently if events
sering apabila terdapat peristiwa atau or changes in circumstances indicate a potential
perubahan keadaan yang mengindikasikan impairment.
adanya potensi penurunan nilai.
Piranti lunak Software
Piranti lunak memiliki masa manfaat yang Software have a finite useful life and recognized
terbatas dan diakui sebesar harga perolehan, at acquisition cost, subsequently carried at cost
selanjutnya dicatat sebesar harga perolehan less accumulated amortization and accumulated
dikurangi akumulasi amortisasi dan kerugian impairment losses.
penurunan nilai.
66
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
u. Aset takberwujud dan goodwill (lanjutan) u. Intangible assets and goodwill (continued)
Piranti lunak (lanjutan) Software (continued)
Biaya yang dikeluarkan untuk memperoleh The costs incurred to acquire software license
lisensi piranti lunak dan mempersiapkan piranti and bring that software to use are capitalized.
lunak tersebut siap untuk digunakan
dikapitalisasi.
Biaya yang terkait dengan pemeliharaan Costs associated with maintaining software
program piranti lunak diakui sebagai beban pada programs are recognized as expense when
saat terjadinya. Biaya pengembangan yang incurred. Development costs that are directly
dapat secara langsung diatribusikan dalam attributable to the design and testing of
pembuatan dan pengujian produk piranti lunak identifiable and unique software products
yang dapat diidentifikasi dan unik yang controlled by the Group is recognized as
dikendalikan oleh Grup diakui sebagai aset intangible assets.
takberwujud.
Biaya yang dapat diatribusikan secara langsung Directly attributable costs that are capitalized as
dan dikapitalisasi sebagai bagian produk piranti part of the software product include the software
lunak mencakup beban pekerja pengembang development employee costs and an
piranti lunak dan bagian overhead yang relevan. appropriate portion of relevant overheads.
Pengeluaran pengembangan lain yang tidak Other development expenditures that do not
memenuhi kriteria ini diakui sebagai beban pada meet these criteria are recognized as expense
saat terjadinya. Biaya pengembangan yang when incurred. Development costs previously
sebelumnya diakui sebagai beban tidak dapat recognized as expense are not recognized as
diakui sebagai aset pada periode berikutnya. asset in a subsequent period.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on a
menggunakan metode garis lurus sepanjang straight-line basis over the estimated useful life
masa manfaat piranti lunak tersebut, sejak of the software, from the date it is ready for use.
tanggal piranti tersebut siap untuk dipakai. The estimated useful life of software is 4-10
Estimasi masa manfaat dari piranti lunak adalah years.
4-10 tahun.
Aset takberwujud dihentikan pengakuannya Intangible assets shall be derecognized or
atau dilepas ketika tidak lagi terdapat manfaat disposed when no future economic benefits are
masa depan yang diharapkan dari penggunaan expected from its use or disposal.
atau pelepasannya.
v. Aset lain-lain v. Other assets
Aset lain-lain sebagian besar terdiri dari tagihan Other assets mainly consists of other credit
kredit lainnya, wesel ekspor lainnya, agunan receivables, other export bills, foreclosed
yang diambil alih, jaminan kontrak, uang muka, collaterals, security deposits, advance payment,
transaksi ATM dan transfer, persediaan ATM transaction and transfer, office supplies,
keperluan kantor, dan tagihan kepada asuransi. and receivables from insurance company.
67
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
v. Aset lain-lain (lanjutan) v. Other assets (continued)
Grup mengakui kerugian penurunan nilai untuk The Group recognizes impairment losses of
aset lain-lain apabila taksiran jumlah yang dapat other assets if the recoverable amount of the
diperoleh kembali dari suatu aset lebih rendah assets is lower than the carrying value. At each
dari nilai tercatatnya. Pada setiap tanggal reporting date, the Group evaluates the
pelaporan, Grup melakukan penelaahan untuk recoverable amount of the assets to determine
menentukan apakah terdapat indikasi whether there is an indication of impairment.
penurunan nilai. Pemulihan penurunan nilai Reversal of impairment losses is recognized as
diakui sebagai keuntungan dalam laba rugi pada gain in the profit or loss when incurred.
saat terjadinya.
w. Simpanan nasabah dan simpanan dari bank- w. Deposits from customers and deposits from
bank lain other banks
Simpanan nasabah adalah dana yang Deposits from customers are the funds placed by
dipercayakan oleh masyarakat kepada Grup customers to the Group based on fund deposits
berdasarkan perjanjian penyimpanan dana. agreements. Included in these accounts are
Termasuk didalamnya adalah giro, tabungan, current accounts, saving deposits, time deposits,
deposito berjangka, deposito on call dan deposits on call and sharia deposits from
simpanan nasabah berdasarkan prinsip syariah. customers.
Simpanan nasabah berdasarkan prinsip syariah Sharia deposits consist of wadiah demand
terdiri dari giro dan tabungan wadiah. Giro deposits and saving deposits. Wadiah demand
wadiah merupakan giro wadiah yadh-dhamanah deposits are wadiah yadh-dhamanah demand
yakni titipan dana pihak lain dimana pemilik dana deposits in which the funds owner will get a
mendapatkan bonus berdasarkan kebijakan bonus based on the Subsidiary’s policy. Wadiah
Entitas Anak. Giro wadiah dicatat sebesar saldo demand deposits are stated at the amount
titipan pemegang giro wadiah. Tabungan wadiah entrusted by depositors. Wadiah saving deposits
merupakan simpanan pihak lain yang bisa represent third party funds which can be taken at
diambil kapan saja (on call) atau berdasarkan any time (on call) or by an agreement which
kesepakatan dimana tidak ada imbalan yang required no reward except in the form of
disyaratkan kecuali dalam bentuk pemberian voluntary bonus (‘Athaya’) on the part of the
(‘Athaya’) sukarela dari Entitas Anak. Subsidiary.
Simpanan dari bank-bank lain terdiri dari Deposits from other banks represent liabilities to
liabilitas terhadap bank lain, dalam bentuk call other domestic banks, in the form of call money,
money, giro, dan deposito berjangka. current accounts, and time deposits.
Simpanan nasabah dan simpanan dari bank- Deposits from customers and deposits from
bank lain diklasifikasikan sebagai liabilitas other banks are classified as financial liabilities
keuangan yang diukur dengan biaya perolehan measured at amortized cost. Incremental costs
diamortisasi. Biaya tambahan yang dapat directly attributable to the acquisition of deposits
diatribusikan secara langsung dengan from customers and deposits from other banks
perolehan simpanan nasabah dan simpanan are deducted from the amount of deposits from
dari bank-bank lain dikurangkan dari jumlah customers and deposits from other banks.
simpanan nasabah dan simpanan dari bank-
bank lain.
Simpanan dari bank-bank lain disajikan sebesar Deposits from other banks are stated at the
jumlah liabilitas terhadap bank-bank lain. amounts due to other banks.
68
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
x. Efek-efek yang diterbitkan x. Securities issued
Efek-efek yang diterbitkan terdiri dari utang Securities issued consist of bonds payable.
obligasi.
Utang obligasi dicatat sebesar nilai nominal Bonds payable are stated at nominal value net
dikurangi dengan biaya emisi yang belum of unamortized bond issuance cost. Costs
diamortisasi. Biaya emisi adalah biaya yang incurred in connection with the bonds payable,
terjadi sehubungan dengan utang obligasi, are recognized as a deferred expense and offset
diakui sebagai beban yang ditangguhkan dan directly from the proceeds derived from such
dikurangkan langsung dari hasil emisi dan offerings and amortized over the period of the
diamortisasi selama jangka waktu utang obligasi bonds payable using the effective interest
tersebut dengan menggunakan metode bunga method.
efektif.
y. Pinjaman yang diterima y. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are initially recognized at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Borrowings are
biaya transaksi yang terjadi. Selanjutnya, subsequently carried at amortized cost; any
pinjaman yang diterima diukur sebesar biaya difference between the proceeds (net of
perolehan diamortisasi; selisih antara transaction costs) and the redemption value is
penerimaan (dikurangi biaya transaksi) dan nilai recognized in the profit or loss over the period of
pelunasan dicatat pada laba rugi selama periode the borrowings using the effective interest
pinjaman dengan menggunakan metode bunga method.
efektif.
Biaya yang dibayar untuk memperoleh fasilitas Fees paid on the establishment of loan facilities
pinjaman diakui sebagai biaya transaksi are recognized as transaction costs of the loan
pinjaman sepanjang besar kemungkinan to the extent that it is probable that some or all
sebagian atau seluruh fasilitas akan ditarik. of the facility will be drawdown. In this case, the
Dalam hal ini, biaya memperoleh pinjaman fee is deferred until the draw-down occurs. To
ditangguhkan sampai penarikan pinjaman the extent that there is no evidence that it is
terjadi. Sepanjang tidak terdapat bukti bahwa probable that some or all of the facility will be
besar kemungkinan sebagian atau seluruh drawdown, the fee is capitalised as a pre-
fasilitas akan ditarik, biaya memperoleh payment for liquidity services and amortized
pinjaman dikapitalisasi sebagai pembayaran over the period of the facility to which it relates.
dimuka untuk jasa likuiditas dan diamortisasi
selama periode fasilitas yang terkait.
z. Imbalan kerja karyawan z. Employee benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employee benefits are recognized
terutang kepada karyawan. when they are payable to the employees.
Imbalan pascakerja Post-employment benefits
Liabilitas imbalan pascakerja dihitung sebesar The post-employment benefits liabilities are
nilai kini dari estimasi jumlah liabilitas imbalan calculated at present value of estimated future
pascakerja di masa depan yang timbul dari jasa benefits that the employees have earned in
yang telah diberikan oleh karyawan tersebut return for their services in the current and prior
pada masa kini dan masa lalu. Perhitungan periods. The calculation is performed by an
dilakukan oleh aktuaris berkualifikasi dengan qualified actuary using the projected unit credit
metode projected unit credit. method.
69
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
z. Imbalan kerja karyawan (lanjutan) z. Employee benefits (continued)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Keuntungan atau kerugian yang timbul dari Gains or losses arising from actuarial
pengukuran kembali aktuarial atas liabilitas remeasurements of the net defined benefit
imbalan pasti neto diakui segera dalam liability are recognized immediately in other
penghasilan komprehensif lain. Ketika manfaat comprehensive income. When the benefits of a
suatu program diubah atau terjadi kurtailmen, plan are changed or when a plan is curtailed, the
perubahan manfaat yang terkait dengan jasa resulting change in benefit that relates to past
lalu atau keuntungan atau kerugian dari service or the gain or loss on curtailment is
kurtailmen diakui segera dalam laba rugi. recognized immediately in profit or loss.
Pada 31 Desember 2024 dan 2023, liabilitas As of 31 December 2024 and 2023, Specific
imbalan pascakerja untuk karyawan Time Employment Agreements (PKWT)
Perjanjian Kerja Waktu Tertentu (PKWT) Entitas employee post-employment benefit obligations
Anak dihitung secara internal dengan metode of the Subsidiary are calculated internally using
historical stay rate. the historical stay rate method.
Imbalan jangka panjang lainnya Other long-term benefits
Imbalan jangka panjang lainnya berupa cuti Other long-term benefits such as long service
berimbalan jangka panjang dihitung dengan leave are calculated using the projected unit
menggunakan metode projected unit credit dan credit method and discounted to present value.
didiskontokan ke nilai kini. Keuntungan dan Actuarial gains and losses arising from
kerugian aktuarial yang timbul dari penyesuaian experience adjustments and changes in
dan perubahan dalam asumsi-asumsi aktuarial actuarial assumption are recognized to the
diakui dalam laba rugi tahun berjalan. current year profit or loss.
aa. Pinjaman subordinasi aa. Subordinated loans
Pinjaman subordinasi pada awalnya diakui Subordinated loans are recognized initially at fair
sebesar nilai wajar dan selanjutnya diukur pada value and subsequently measured at amortized
biaya perolehan diamortisasi dengan cost using the effective interest method.
menggunakan metode bunga efektif.
ab. Dana syirkah temporer ab. Temporary syirkah funds
Dana syirkah temporer adalah dana yang Temporary syirkah funds represent investment
diterima oleh Entitas Anak. received by Subsidiary.
Dana syirkah temporer merupakan investasi Temporary syirkah funds represent investments
dengan akad mudharabah mutlaqah, yaitu from other parties conducted on the basis
pemilik dana (shahibul maal) memberikan mudharabah mutlaqah contract in which the
kebebasan kepada pengelola dana (mudharib/ owners of the funds (shahibul maal) grant
Entitas Anak) dalam pengelolaan investasinya freedom to the fund manager
sesuai prinsip syariah dengan keuntungan (mudharib/Subsidiary) in the management of
dibagikan sesuai kesepakatan. Dana syirkah their investments according to sharia principle
temporer terdiri dari tabungan mudharabah dan with profit distributed based on the agreement.
deposito mudharabah. Temporary syirkah funds consist of mudharabah
saving deposits and mudharabah time deposits.
Tabungan mudharabah merupakan investasi Mudharabah saving deposits represent
yang bisa ditarik kapan saja (on call) atau sesuai investment which could be withdrawn anytime
dengan persyaratan tertentu yang disepakati. (on call) or can be withdrawn based on certain
Tabungan mudharabah dinyatakan sebesar agreed terms. Mudharabah saving deposits are
saldo tabungan nasabah di Entitas Anak. stated based on the customer’s savings deposit
balance at the Subsidiary.
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ab. Dana syirkah temporer (lanjutan) ab. Temporary syirkah funds (continued)
Deposito mudharabah merupakan investasi Mudharabah time deposits represent investment
yang hanya bisa ditarik pada waktu tertentu which can only be withdrawn at a certain time
sesuai dengan perjanjian antara pemegang based on the agreement between the customer
deposito mudharabah dengan Entitas Anak. and the Subsidiary. Mudharabah time deposits
Deposito mudharabah dinyatakan sebesar nilai are stated at nominal amount as agreed
nominal sesuai dengan perjanjian antara between the deposit holder and the Subsidiary.
pemegang deposito dengan Entitas Anak.
Dana syirkah temporer tidak dapat digolongkan Temporary syirkah funds cannot be classified as
sebagai liabilitas karena Entitas Anak tidak liability because the Subsidiary does not have
berkewajiban untuk menjamin pengembalian any obligation to return the initial funds to the
jumlah dana awal dari pemilik dana bila Entitas owners if the Subsidiary experiences losses,
Anak merugi kecuali kerugian akibat kelalaian except for losses due to the Subsidiary’s
atau wanprestasi. Di sisi lain, dana syirkah management negligence or default. On the other
temporer tidak dapat digolongkan sebagai hand, temporary syirkah fund cannot be
ekuitas karena mempunyai waktu jatuh tempo classified as equity because of the maturity
dan pemilik dana tidak mempunyai hak period and the depositors do not have the same
kepemilikan yang sama dengan pemegang rights as the shareholders such as voting rights
saham seperti hak voting dan hak atas realisasi and the rights of realised gain from current
keuntungan yang berasal dari aset lancar dan assets and other non-investment accounts.
aset non-investasi.
Pemilik dana syirkah temporer mendapatkan The owner of temporary syirkah funds receives a
imbalan bagi hasil sesuai dengan nisbah yang return from the profit sharing based on a
ditetapkan. predetermined ratio.
ac. Modal saham ac. Share capital
Saham biasa diklasifikasikan sebagai ekuitas. Ordinary shares are classified as equity.
Tambahan biaya yang secara langsung terkait Incremental costs directly attributable to the
dengan penerbitan saham biasa atau opsi baru issuance of new ordinary shares or options are
disajikan pada bagian ekuitas sebagai shown in equity as a deduction, net of tax, from
pengurang, sebesar jumlah yang diterima bersih the proceeds.
setelah dikurangi pajak.
Saham tresuri Treasury shares
Ketika Bank membeli modal saham ekuitas When the Bank purchases the equity share capital
(saham tresuri), imbalan yang dibayar, termasuk (treasury shares), the consideration paid,
biaya tambahan yang secara langsung dapat including any directly attributable incremental
diatribusikan (dikurangi pajak penghasilan) costs (net of income taxes) is deducted from
dikurangkan dari ekuitas yang diatribusikan equity attributable to the Bank’s equity holders
kepada pemilik ekuitas Bank sampai saham until the shares are cancelled or reissued. Where
tersebut dibatalkan atau diterbitkan kembali. such ordinary shares are subsequently reissued,
Ketika saham biasa tersebut selanjutnya any consideration received, net of any directly
diterbitkan kembali, imbalan yang diterima, attributable incremental transaction costs and the
dikurangi biaya tambahan transaksi yang terkait related income tax effects, is included in equity
dan dampak pajak penghasilan yang terkait attributable to the Bank’s equity holders.
dimasukkan kepada ekuitas yang dapat
diatribusikan kepada pemilik ekuitas Bank.
ad. Perpajakan ad. Taxation
Beban pajak penghasilan terdiri dari pajak kini Income tax expense consists of current and
dan pajak tangguhan. Beban pajak penghasilan deferred tax. Income tax expenses are recognized
diakui pada laba rugi, kecuali untuk komponen in profit or loss except to the extent that they relate
yang diakui secara langsung di ekuitas atau di to items recognized directly in equity or in other
comprehensive income.
penghasilan komprehensif lain.
71
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ad. Perpajakan (lanjutan) ad. Taxation (continued)
Beban pajak kini merupakan jumlah pajak yang Current tax expense is the amount of tax paid, or
dibayar, atau terutang atas laba atau rugi kena payable on taxable income or loss for the year
pajak untuk tahun yang bersangkutan dengan using tax rates substantively enacted as of the
menggunakan tarif pajak yang secara substantif reporting date. Current tax also includes true-up
adjustments made to the previous years’ tax
telah berlaku pada tanggal pelaporan. Pajak kini provisions either to reconcile them with the
juga termasuk penyesuaian yang dibuat untuk income tax reported in annual tax returns, or to
penyisihan pajak tahun sebelumnya, baik untuk account for differences arising from tax
merekonsiliasi pajak penghasilan dengan pajak assesments.
yang dilaporkan di surat pemberitahuan tahunan,
atau untuk memperhitungkan perbedaan yang
muncul dari pemeriksaan pajak.
Beban pajak kini diukur menggunakan estimasi Current tax expense is measured using the best
terbaik atas jumlah yang diperkirakan akan estimate of the amount expected to be paid or
dibayar atau diterima, dengan received, taking into consideration the
mempertimbangkan ketidakpastian terkait uncertainty associated with the complexity of tax
dengan kompleksitas peraturan pajak. regulations.
Pajak tangguhan diakui atas perbedaan temporer Deferred tax is recognized in respect of
antara nilai tercatat aset dan liabilitas untuk tujuan temporary differences between the carrying
pelaporan keuangan dan nilai yang digunakan amounts of assets and liabilities for financial
untuk tujuan perpajakan. Pajak tangguhan diukur reporting purposes and the amounts used for
dengan menggunakan tarif pajak yang taxation purposes. Deferred tax is measured at
diharapkan untuk ditetapkan atas perbedaan the tax rates that are expected to be applied to
temporer pada saat pembalikan, berdasarkan temporary differences when they reverse, based
peraturan yang telah berlaku atau secara on the laws that have been enacted or
substantif berlaku pada tanggal pelaporan. substantively enacted as of the reporting date.
Kebijakan akuntansi ini juga mengharuskan This accounting policy also requires the
pengakuan manfaat pajak, seperti rugi fiskal yang recognition of tax benefits, such as tax loss
belum dikompensasi, yang timbul dari periode carryforwards, which are originated in the current
berjalan yang diharapkan akan direalisasi pada period that are expected to be realized in the
masa mendatang, apabila besar kemungkinan future periods, to the extent that realisation of
manfaat pajak tersebut dapat direalisasi. such benefits is probable.
Aset pajak tangguhan merupakan saldo bersih Deferred tax assets represent the net remaining
atas manfaat pajak tangguhan yang timbul dan balance of deferred tax benefits that have been
dipergunakan sampai dengan tanggal pelaporan. originated and utilized through the reporting date.
Aset pajak tangguhan ditelaah ulang pada setiap Deferred tax assets are reviewed at each
tangal pelaporan dan dikurangkan dengan reporting date and are reduced to the extent that
manfaat pajak sejumlah nilai yang besar it is no longer probable that the related tax benefit
kemungkinan yang tidak dapat terealisasi; will be realised; such reductions are reversed
pengurangan tersebut akan dibalik ketika when the probability of their realisation through
kemungkinan realisasi melalui laba kena pajak di future taxable profits improves.
masa depan meningkat.
Aset pajak tangguhan yang belum diakui dinilai Unrecognized deferred tax assets are
kembali pada setiap tanggal pelaporan dan diakui reassessed at each reporting date and
sepanjang kemungkinan besar laba kena pajak recognized to the extent that it has become
masa depan akan tersedia untuk digunakan. probable that future taxable income will be
available against which they can be used.
72
Page 483
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ad. Perpajakan (lanjutan) ad. Taxation (continued)
Grup telah menentukan bahwa bunga dan penalti The Group has determined that interest and
sehubungan dengan pajak penghasilan, penalties related to income taxes, including those
termasuk yang mungkin diterima dalam kaitannya that may materialize in connection with uncertain
dengan posisi pajak yang mengandung tax positions, do not meet the definition of income
ketidakpastian, tidak memenuhi definisi pajak taxes, and therefore are accounted for in
penghasilan, dan dengan demikian diperlakukan accordance with PSAK 237, Provisions,
sesuai dengan PSAK 237, Provisi, Liabilitas Contingent Liabilities and Contingent Assets.
Kontinjensi dan Aset Kontinjensi.
Koreksi atas kewajiban pajak diakui pada saat Amendments to tax obligations are recognized
surat ketetapan pajak diterima, atau apabila when an assessment is received, or if objection
diajukan keberatan dan atau banding, maka and or appeal is applied, when the results of the
koreksi diakui pada saat keputusan atas objection or the appeal are received.
keberatan atau banding itu diterima.
ae.((Pendapatan dan beban bunga dan ae. Interest income and expense and sharia
((pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
((atas bagi hasil dana syirkah temporer temporary syirkah funds
(i). Pendapatan dan beban bunga (i). Interest income and expense
Pendapatan bunga atas aset keuangan baik Interest income on financial assets held at
yang diukur dengan nilai wajar melalui either fair value through other
penghasilan komprehensif lain atau biaya comprehensive income or amortized cost,
perolehan diamortisasi, dan beban bunga and interest expense on financial liabilities
atas liabilitas keuangan yang diukur dengan held at amortized cost are recognized in
biaya perolehan diamortisasi, diakui pada profit or loss using the effective interest
laba rugi menggunakan metode suku bunga method.
efektif.
Metode suku bunga efektif adalah metode The effective interest method is a method
yang digunakan untuk menghitung biaya of calculating the amortized cost of a
perolehan diamortisasi dari aset atau financial asset or liability and of allocating
liabilitas keuangan dan metode untuk the interest income or expense over the
mengalokasikan pendapatan atau beban relevant period. The effective interest rate
bunga selama periode yang relevan. Suku is the rate that exactly discounts estimated
bunga efektif adalah suku bunga yang future cash payments or receipts through
secara tepat mendiskontokan estimasi the expected life of the financial instrument,
pembayaran atau penerimaan kas masa to the gross carrying amount of the financial
depan sepanjang umur yang diperkirakan asset or to the amortized cost of the
atas instrumen keuangan, pada nilai tercatat financial liability. When calculating the
bruto dari aset keuangan atau pada biaya effective interest rate for financial
perolehan diamortisasi untuk liabilitas instruments other than purchased or
keuangan. Saat menghitung suku bunga originated credit-impaired assets, the Bank
efektif intrumen keuangan selain aset yang estimates future cash flows considering all
dibeli atau yang berasal dari aset keuangan contractual terms of the financial instrument
memburuk, Bank melakukan estimasi arus but not expected credit losses.
kas masa depan dengan
mempertimbangkan seluruh perjanjian
kontraktual atas instrumen keuangan tapi
tidak mempertimbangkan kerugian kredit
ekspektasian.
73
Page 484
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae.(Pendapatan dan beban bunga dan ae. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(i). Pendapatan dan beban bunga (lanjutan) (i). Interest income and expense (continued)
Untuk aset keuangan yang dibeli atau yang For purchased or originated credit-impaired
berasal dari aset keuangan memburuk, financial assets, a credit-adjusted effective
suku bunga efektif yang disesuaikan interest rate is calculated using estimated
dengan risiko kredit dihitung dengan future cash flows including expected credit
menggunakan estimasi arus kas masa losses. The calculation of the effective
depan termasuk kerugian kredit interest rate includes transaction costs and
ekspektasian. Perhitungan suku bunga fees that are an integral part of the effective
efektif termasuk biaya transaksi dan interest rate.
imbalan yang merupakan bagian yang tak
terpisahkan dari suku bunga efektif.
Suku bunga efektif aset atau liabilitas The effective interest rate of a financial
keuangan dihitung pada saat pengakuan asset or financial liability is calculated on
awal aset atau liabilitas keuangan tersebut. initial recognition of a financial asset or
Dalam menghitung pendapatan dan beban financial liability. In calculating interest
bunga, suku bunga efektif diterapkan atas income and expense, the effective interest
nilai tercatat bruto aset keuangan (ketika rate is applied to the gross carrying amount
aset tidak mengalami penurunan nilai) atau of the asset (when the asset is not credit-
atas biaya perolehan diamortisasi dari impaired) or to the amortized cost of the
liabilitas keuangan. Suku bunga efektif financial liability. The effective interest rate
direvisi sebagai hasil dari perhitungan ulang is revised as a result of periodic re-
estimasi arus kas dari instrumen dengan estimation of cash flows of floating-rate
suku bunga mengambang secara berkala instruments to reflect movements in market
untuk merefleksikan perubahan suku bunga rates of interest. For financial assets that
pasar. Untuk aset keuangan yang telah have become credit-impaired subsequent
mengalami penurunan nilai setelah to initial recognition, interest income is
pengakuan awal, pendapatan bunga calculated by applying the effective interest
dihitung dengan menerapkan suku bunga rate to the amortized cost of the financial
efektif atas biaya perolehan diamortisasi asset. If the asset is no longer credit-
aset keuangan tersebut. Jika aset tersebut impaired, then the calculation of interest
tidak lagi mengalami penurunan nilai, maka income reverts to the gross carrying
perhitungan pendapatan bunga kembali amount.
menggunakan nilai tercatat bruto.
(ii). Pendapatan syariah (ii). Sharia income
Pendapatan pengelolaan dana oleh Entitas Income from fund management by the
Anak sebagai mudharib terdiri atas Subsidiary as mudharib consist of income
pendapatan dari jual beli-margin from sales and purchases-murabahah
murabahah, pendapatan bagi hasil- margin, income from profit sharing-
pembiayaan musyarakah, dan pendapatan musyarakah financing and other main
usaha utama lainnya. operating income.
Pengakuan pendapatan atas piutang The revenue recognition of murabahah
murabahah yang tidak memiliki risiko yang receivables, which do not have significant
signifikan terkait dengan kepemilikan risk in relation with the ownership of
persediaan diakui pada laba rugi dengan inventory, are recognized in profit or loss
menggunakan metode tingkat imbal hasil using the effective rate of return method.
efektif.
74
Page 485
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae.(Pendapatan dan beban bunga dan ae. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga atas income and third parties’ shares on return of
bagi hasil dana syirkah temporer (lanjutan) temporary syirkah funds (continued)
(ii). Pendapatan syariah (lanjutan) (ii). Sharia income (continued)
Tingkat imbal hasil efektif merupakan Effective rate of return is an allocation method
metode alokasi pengakuan pendapatan dan of revenue recognition and the rate which
merupakan tingkat imbal hasil yang secara exactly discounts the estimated future cash
tepat mendiskontokan estimasi penerimaan receipts through the expected life of the
kas di masa depan selama perkiraan umur murabahah receivables to obtain the carrying
dari piutang murabahah untuk memperoleh amount of murabahah receivables. When
nilai tercatat piutang murabahah. Pada saat calculating the effective rate of return, the
menghitung tingkat imbal hasil efektif, Subsidiary estimates future cash flows by
Entitas Anak mengestimasi arus kas di masa considering all contractual terms of the
datang dengan mempertimbangkan seluruh murabahah receivables, but does not
persyaratan kontraktual dalam piutang consider the loss of receivables in the future.
murabahah tersebut, tetapi tidak This calculation includes all commissions,
mempertimbangkan kerugian piutang di provisions and other forms received by the
masa mendatang. Perhitungan ini mencakup parties in a contract which are an integral part
seluruh komisi, provisi dan bentuk lain yang of the effective rate of return, transaction
diterima oleh para pihak dalam akad yang costs and all other premiums or discounts.
merupakan bagian tidak terpisahkan dari
tingkat imbal hasil efektif, biaya transaksi,
dan seluruh premi atau diskon lainnya.
Untuk pengakuan pendapatan atas piutang For the recognition of income on restructured
murabahah yang telah direstrukturisasi murabahah receivables with payment
dengan payment holiday atau skema holidays or scheme to postpone installment
penundaan pembayaran cicilan, Entitas payments, the Subsidiary will only recognise
Anak hanya mengakui pendapatan marjin margin income if the Subsidiary has a
apabila Entitas Anak cukup yakin bahwa reasonable certainty that an installment
pembayaran angsuran akan diterima sesuai payment will be received in accordance with
dengan kesepakatan dengan nasabah. the agreement with the customers.
Pendapatan bagi hasil - pembiayaan Income from profit sharing - musyarakah
musyarakah diakui dalam periode terjadinya financing is recognized during the period of
hak bagi hasil sesuai nisbah yang profit sharing in accordance with the pre-
disepakati. determined ratio.
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of temporary
temporer syirkah funds
Hak pihak ketiga atas bagi hasil dana syirkah Third parties’ share on returns of temporary
temporer merupakan bagian bagi hasil milik syirkah funds represents customer’s share on
nasabah yang didasarkan pada prinsip the Subsidiary’s income derived from the
mudharabah atas hasil pengelolaan dana management of their funds by the Subsidiary
mereka oleh Entitas Anak. Pendapatan yang under mudharabah principles. Distributable
dibagikan adalah yang telah diterima (cash income will be distributed from the cash
basis). received (cash basis).
75
Page 486
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ae. Pendapatan dan beban bunga dan ae. Interest income and expense and sharia
pendapatan syariah dan hak pihak ketiga income and third parties’ shares on return of
atas bagi hasil dana syirkah temporer temporary syirkah funds (continued)
(lanjutan)
(iii). Hak pihak ketiga atas bagi hasil dana syirkah (iii). Third parties’ shares on return of
temporer (lanjutan) temporary syirkah funds (continued)
Pendapatan marjin atas pembiayaan yang Margin income on financing facilities and
diberikan dan atas aset produktif lainnya other earning assets (placements with
(penempatan pada Bank Indonesia, Bank Indonesia, placements with other
penempatan pada bank lain dan investasi banks and investments in securities) are
pada surat berharga) akan dibagikan distributed to fund owners and the
kepada nasabah pemilik dana dan Entitas Subsidiary based on proportion of funds
Anak sesuai dengan proporsi dana yang used in the financing and other earning
dipakai dalam pembiayaan yang diberikan assets. Likewise, the available margin
dan aset produktif lainnya. Selanjutnya, income is then distributed to fund owners
pendapatan marjin yang tersedia tersebut as shahibul maal and the Subsidiary as
kemudian didistribusikan ke nasabah mudharib based on a pre-determined ratio
pemilik dana sebagai shahibul maal dan (nisbah).
Entitas Anak sebagai mudharib sesuai
porsi nisbah bagi hasil yang telah
disepakati bersama sebelumnya.
Pendapatan marjin dari pembiayaan dan Margin income from financing facilities and
aset produktif lainnya yang memakai dana other earning assets using the Subsidiary's
Entitas Anak, seluruhnya menjadi milik funds, are entirely belong to the Subsidiary,
Entitas Anak, termasuk pendapatan dari including income from the Subsidiary’s fee-
transaksi Entitas Anak berbasis imbalan. based transactions.
af. Pendapatan dan beban provisi dan komisi af. Fee and commission income and expenses
Pendapatan provisi dan komisi yang dapat Fees and commissions income directly
diatribusikan secara langsung kepada aktivitas attributable to lending activity are recognized as
peminjaman diakui sebagai pengurang biaya a deduction of lending cost and will be
pinjaman dan nilai tercatat atas pinjaman recognized as interest income by amortizing the
tersebut akan diamortisasi sebagai pendapatan carrying value of loan using effective interest
bunga dengan menggunakan metode bunga method.
efektif.
Pada umumnya pendapatan dan beban provisi Fees and commissions income and expenses
dan komisi diakui menggunakan basis akrual are generally recognized on an accrual basis
pada saat jasa telah diberikan. when the service has been provided.
Pendapatan provisi atas komitmen memberikan Loan commitment fees for loans that are likely to
pinjaman yang kemungkinan besar akan be drawn down are (together with related direct
dicairkan (bersama-sama dengan biaya costs) recognized as an adjustment to the
transaksi lain yang terkait langsung) diakui effective interest rate on the loan.
sebagai penyesuaian atas suku bunga efektif
atas pinjaman yang diberikan.
Pendapatan dan beban atas transaksi jasa Income and expenses from banking service
perbankan diklasifikasikan secara gross di transactions are classified gross into fee and
dalam pendapatan provisi dan komisi dan beban commission income and fee and commission
provisi dan komisi expenses.
Pendapatan provisi dan komisi yang tidak Fees and commissions income which are not
berkaitan langsung dengan kegiatan pemberian directly related to lending activities are
kredit diakui sebagai pendapatan pada saat recognized as revenue on the transaction date
terjadinya transaksi dan diklasifikasikan sebagai and classified under other operating income.
pendapatan operasional lainnya.
76
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ag. Laba per saham ag. Earnings per share
Laba bersih per saham dasar dihitung dengan Basic earnings per share are computed by
membagi laba bersih dengan rata-rata dividing net profit with the weighted average
tertimbang jumlah saham biasa yang beredar number of ordinary shares outstanding during
pada tahun berjalan. the year.
Laba bersih per saham dilusian dihitung dengan Diluted earnings per share is calculated by
membagi jumlah rata-rata tertimbang saham dividing the weighted average number of
biasa yang beredar dengan dampak dari semua ordinary shares outstanding plus the assumed
efek berpotensi saham biasa yang dilutif yang conversion of all dilutive potential ordinary
dimiliki Bank, yaitu opsi saham. shares owned by Bank, which is stock option.
Ketika opsi dieksekusi, Bank menerbitkan When the options are exercised, the Bank issues
sejumlah saham baru atau menerbitkan new shares or reissues its treasury shares (if
kembali saham treasurinya (jika ada). Nilai kas any). The proceeds received, net of any directly
yang diterima, dikurangi dengan biaya transaksi attributable transaction costs, are credited to
yang dapat diatribusikan, dikreditkan ke modal share capital (nominal value) and share
saham (nilai nominal) dan agio saham. premium.
ah. Segmen operasi ah. Operating segment
Segmen operasi adalah komponen dari Grup An operating segment is a component of the
yang terlibat dalam aktivitas bisnis yang Group that engages in business activities from
menghasilkan pendapatan dan menimbulkan which it may earn revenues and incur expenses,
beban, termasuk pendapatan dan beban yang including revenues and expenses that relate to
terkait dengan transaksi dengan komponen transactions with any of the Group’s other
lain Grup, dimana hasil operasinya dikaji ulang components, whose operating results are
secara berkala oleh pengambil keputusan reviewed regularly by the operating decision
operasional untuk membuat keputusan makers to make decisions about resources
mengenai sumber daya yang akan allocated to the segment and assess its
dialokasikan pada segmen tersebut dan performance, and for which discrete financial
menilai kinerjanya, serta tersedia informasi information is available. Segment results that are
keuangan yang dapat dipisahkan. Hasil reported to the operating decision makers
segmen yang dilaporkan kepada pengambil include items directly attributable to a segment,
keputusan operasional meliputi komponen- as well as those that can be allocated on a
komponen yang dapat diatribusikan secara reasonable basis.
langsung kepada suatu segmen, dan
komponen-komponen yang dapat dialokasikan
dengan dasar yang wajar.
ai. Transaksi sewa ai. Lease transaction
Grup sebagai penyewa The Group as a lessee
Pada tanggal insepsi suatu kontrak, Grup At inception of a contract, the Group determines
menilai apakah suatu kontrak merupakan, atau if a contract is, or contains, a lease by considering
mengandung, sewa dengan whether the contract conveys the right to control
mempertimbangkan apakah kontrak tersebut the use of an identified asset for a period of time
memberikan hak untuk mengendalikan in exchange for a consideration.
penggunaan suatu aset identifikasian selama
suatu jangka waktu untuk dipertukarkan
dengan imbalan.
77
Page 488
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ai. Transaksi sewa (lanjutan) ai. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Suatu kontrak memberikan hak untuk A contract conveys the right to control the use of
mengendalikan penggunaan suatu aset an identified asset if all of the following conditions
identifikasian jika semua kondisi di bawah are met:
dipenuhi:
- kontrak tersebut melibatkan penggunaan - the contract involves the use of substantially
secara substansial seluruh kapasitas dari all of the capacity of an identified asset that is
aset identifikasian yang secara fisik physically distinct (as specified explicitly or
berbeda (sebagaimana ditentukan secara implicitly in the contract). If the supplier has a
eksplisit atau implisit dalam kontrak). Jika substantive substitution right, then the asset
pemasok memiliki hak substitusi yang cannot be considered as identifiable;
substantif, maka aset tersebut tidak dapat
dianggap dapat diidentifikasi;
- Grup memiliki hak untuk memperoleh - the Group have the right to obtain
secara substansial semua manfaat substantially all of the economic benefits from
ekonomi dari penggunaan aset selama the use of the asset throughout the period of
periode penggunaan; dan use; and
- Grup memiliki hak untuk mengarahkan - the Group have the right to direct the use of
penggunaan aset: yaitu memiliki hak the asset: i.e. they have decision-making
pengambilan keputusan yang paling rights that are most relevant to changing how
relevan untuk mengubah bagaimana dan and for what purpose the asset is used.
untuk tujuan apa aset tersebut digunakan.
Pada saat insepsi atau penilaian kembali At inception or on reassessment of a contract that
sebuah kontrak yang berisi komponen sewa, contains a lease component, the Group allocates
Grup mengalokasikan imbalan dalam kontrak the consideration in the contract to each lease
tersebut kepada setiap komponen sewa atas component on the basis of their relative stand-
dasar harga relatif yang berdiri sendiri. alone prices.
Grup mengakui aset hak guna dan liabilitas The Group recognizes a right-of-use asset and a
sewa pada tanggal dimulainya sewa. Aset hak lease liability at the lease commencement date.
guna awalnya diukur pada biaya perolehan, The right-of-use asset is initially measured at
yang terdiri dari jumlah pengukuran awal dari cost, which comprises the initial amount of the
liabilitas sewa disesuaikan dengan lease liability adjusted for any lease payments
pembayaran sewa yang dilakukan pada atau made at or before the commencement date, plus
sebelum tanggal permulaan, ditambah dengan any initial direct costs incurred and an estimate
biaya langsung awal yang dikeluarkan dan of costs to dismantle and remove the underlying
estimasi biaya untuk membongkar dan asset or to restore the underlying asset or the site
memindahkan aset pendasar atau untuk on which it is located, less any lease incentives
merestorasi aset pendasar atau tempat di received.
mana aset berada, dikurangi insentif sewa
yang diterima.
78
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ai. Transaksi sewa (lanjutan) ai. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Setelah tanggal permulaan, aset hak guna After commencement date, right-of-use asset is
diukur dengan model biaya. Aset hak guna measured using cost model. The right-of-use
selanjutnya disusutkan dengan menggunakan asset is subsequently depreciated using the
metode garis-lurus dari tanggal permulaan straight-line method from the commencement
hingga tanggal yang lebih awal antara akhir date to the earlier of the end of the useful life of
masa manfaat aset hak guna atau akhir masa the right-of-use asset or the end of the lease
sewa. Taksiran masa manfaat aset hak guna term. The estimated useful lives of right-of-use
ditentukan dengan basis yang sama dengan asset are determined on the same basis as
aset tetap. Selain itu, aset hak guna secara those of fixed asset. In addition, the right-of-use
berkala dikurangi dengan kerugian penurunan asset is periodically reduced by impairment
nilai, jika ada, dan disesuaikan dengan losses, if any, and adjusted for certain
pengukuran kembali liabilitas sewa. remeasurements of the lease liability.
Liabilitas sewa awalnya diukur pada nilai kini The lease liability is initially measured at the
pembayaran sewa yang belum dibayar pada present value of the lease payments that are not
tanggal permulaan, didiskontokan dengan yet paid at the commencement date, discounted
menggunakan suku bunga implisit dalam sewa using the interest rate implicit in the lease or, if
atau jika suku bunga tersebut tidak dapat that rate cannot be readily determined, using the
ditentukan, digunakan suku bunga pinjaman Group’s incremental borrowing rate. Generally,
inkremental Grup. Umumnya, Grup the Group uses their incremental borrowing rate
menggunakan suku bunga pinjaman as the discount rate.
inkremental sebagai suku bunga diskonto.
Pembayaran sewa yang termasuk dalam Lease payments included in the measurement of
pengukuran liabilitas sewa terdiri dari: the lease liability consist of:
- pembayaran tetap, termasuk pembayaran - fixed payments, including in-substance fixed
tetap secara-substansi, dikurangi insentif payments, less lease incentives receivable;
sewa yang belum diterima;
- pembayaran sewa secara variabel yang - variable lease payments that depend on an
bergantung pada indeks atau suku bunga, index or a rate, initially measured using the
yang pada awalnya diukur menggunakan index or rate as at the commencement date;
indeks atau suku bunga pada tanggal
permulaan;
- jumlah yang diperkirakan akan dibayarkan - amounts expected to be payable under a
berdasarkan jaminan nilai residual; dan residual value guarantee; and
- harga eksekusi opsi beli jika Grup cukup - the exercise price under a purchase option
pasti untuk mengeksekusi opsi, that the Group is reasonably certain to
pembayaran sewa dalam opsi periode exercise, lease payments in an option
perpanjangan jika Grup cukup pasti untuk renewal period if the Group is reasonably
melaksanakan opsi perpanjangan, dan certain to exercise an extension option, and
denda untuk penghentian sewa lebih awal penalties for early termination of a lease
kecuali Grup yakin tidak menghentikan unless the Group is reasonably certain not to
lebih awal. terminate early.
Liabilitas sewa diukur pada biaya perolehan The lease liability is measured at amortized cost
diamortisasi dengan menggunakan metode using the effective interest method. It is
suku bunga efektif. Liabilitas sewa diukur remeasured when there is a change in future
kembali ketika ada perubahan pembayaran lease payments arising from a change in an
sewa masa depan yang timbul dari perubahan index or rate, if there is a change in the Group’s
indeks atau suku bunga, jika ada perubahan estimate of the amount expected to be payable
estimasi Grup atas jumlah yang diperkirakan under a residual value guarantee, or if the Group
akan dibayar dalam jaminan nilai residual, atau changes its assessment of whether it will
jika Grup mengubah penilaiannya apakah exercise a purchase, extension, or termination
akan mengeksekusi opsi beli, perpanjangan option.
atau penghentian.
79
Page 490
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ai. Transaksi sewa (lanjutan) ai. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Ketika liabilitas sewa diukur kembali dengan When the lease liability is remeasured in this
cara ini, penyesuaian terkait dilakukan way, a corresponding adjustment is made to the
terhadap jumlah tercatat aset hak guna, atau carrying amount of the right-of-use asset or is
dicatat dalam laba rugi jika jumlah tercatat aset recorded in profit or loss if the carrying amount of
hak guna telah berkurang menjadi nol. the right-of-use asset has been reduced to zero.
Grup menyajikan aset hak guna dalam aset The Group presents right-of-use assets in fixed
tetap. assets.
Grup memilih untuk tidak mengakui aset hak The Group has elected not to recognize right-of-
guna dan liabilitas sewa untuk sewa jangka use assets and lease liabilities for short-term
pendek yang memiliki masa sewa 12 bulan leases that have a lease term of 12 months or
atau kurang dan sewa atas aset bernilai less and leases of low-value assets. The Group
rendah. Grup mengakui pembayaran sewa recognize the leases payments associated with
atas sewa tersebut sebagai beban dengan these leases as an expense on a straight-line
dasar garis lurus selama masa sewa. basis over the lease term.
Modifikasi sewa Lease modification
Grup mencatat modifikasi sewa sebagai sewa The Group accounts for a lease modification as
terpisah jika: a separate lease if both:
- modifikasi meningkatkan ruang lingkup - the modification increases the scope of the
sewa dengan menambahkan hak untuk lease by adding the right to use one or more
menggunakan satu aset pendasar atau underlying assets; and
lebih; dan
- imbalan sewa meningkat sebesar jumlah - the consideration for the lease increases by
yang setara dengan harga tersendiri untuk an amount commensurate with the stand-
peningkatan dalam ruang lingkup dan alone price for the increase in scope and
penyesuaian yang tepat pada harga any appropriate adjustments to that stand-
tersendiri tersebut untuk merefleksikan alone price to reflect the circumstances of
kondisi kontrak tertentu. the particular contract.
Untuk modifikasi sewa yang tidak dicatat For a lease modification that is not accounted for
sebagai sewa terpisah, pada tanggal efektif as a separate lease, at the effective date of the
modifikasi sewa, Grup: lease modification, the Group:
- mengukur kembali dan mengalokasikan - remeasures and allocates the consideration
imbalan kontrak modifikasian; in the modified contract;
- menentukan masa sewa dari sewa - determines the lease term of the modified
modifikasian; lease;
80
Page 491
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ai. Transaksi sewa (lanjutan) ai. Lease transaction (continued)
Grup sebagai penyewa (lanjutan) The Group as a lessee (continued)
Modifikasi sewa (lanjutan) Lease modification (continued)
- mengukur kembali liabilitas sewa dengan - remeasures the lease liability by
mendiskontokan pembayaran sewa discounting the revised lease payments
revisian pada tingkat diskonto revisian using a revised discount rate on the basis of
berdasarkan sisa umur sewa dan sisa the remaining lease term and the remaining
pembayaran sewa dengan melakukan lease payment with a corresponding
penyesuaian terhadap aset hak guna. adjustment to the right-of-use assets. The
Tingkat diskonto revisian ditentukan revised discount rate is determined as the
sebagai suku bunga pinjaman inkremental Group’s incremental borrowing rate at the
Grup pada tanggal efektif modifikasi; effective date of the modification;
- menurunkan jumlah tercatat aset hak guna - decreases the carrying amount of the
untuk merefleksikan penghentian right-of-use asset to reflect the partial or full
sebagian atau seluruh sewa untuk termination of the lease for lease
modifikasi sewa yang menurunkan ruang modifications that decrease the scope of
lingkup sewa. Grup mengakui setiap laba the lease. The Group recognizes any gain
rugi yang terkait dengan penghentian or loss relating to the partial or full
sebagian atau seluruh sewa tersebut termination of the lease in profit or loss; and
dalam laba rugi; dan
- membuat penyesuaian terkait dengan aset - makes a corresponding adjustment to the
hak guna untuk seluruh modifikasi sewa right-of-use asset for all other lease
lainnya. modifications.
aj. Pengukuran nilai wajar aj. Fair value measurement
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas orderly transaction between market participants
dalam transaksi teratur antara pelaku pasar at the measurement date in the principal market
pada tanggal pengukuran di pasar utama atau, or, in its absence, the most advantageous
jika tidak terdapat pasar utama, di pasar yang market to which the Group has access at that
paling menguntungkan dimana Grup memiliki date. The fair value of a liability reflects its non-
akses pada tanggal tersebut. Nilai wajar performance risk.
liabilitas mencerminkan risiko wanprestasinya.
Jika tersedia, Grup mengukur nilai wajar di When available, the Group measures the fair
pasar aktif untuk instrumen tersebut. Suatu value in an active market for that instrument. A
pasar dianggap aktif jika transaksi atas aset market is regarded as active if transactions for
dan liabilitas terjadi dengan frekuensi dan the asset or liability take place with sufficient
volume yang memadai untuk menyediakan frequency and volume to provide pricing
informasi penentuan harga secara information on an ongoing basis.
berkelanjutan.
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Grup menggunakan teknik penilaian then the Group uses valuation techniques that
dengan memaksimalkan penggunaan input maximize the use of relevant observable inputs
yang dapat diobservasi yang relevan dan and minimize the use of unobservable inputs.
meminimalkan penggunaan input yang tidak The chosen valuation technique incorporates all
dapat diobservasi. Teknik penilaian yang dipilih of the factors that market participants would take
menggabungkan semua faktor yang into account in pricing a transaction.
diperhitungkan oleh pelaku pasar dalam
penentuan harga transaksi.
81
Page 492
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
aj. Pengukuran nilai wajar (lanjutan) aj. Fair value measurement (continued)
Bukti terbaik atas nilai wajar pada saat The best evidence of the fair value at initial
pengakuan awal adalah harga transaksi, yaitu recognition is normally the transaction price, i.e.,
nilai wajar dari pembayaran yang diberikan the fair value of the consideration given or
atau diterima. Jika Grup menetapkan bahwa received. If the Group determines that the fair
nilai wajar pada pengakuan awal berbeda value at initial recognition differs from the
dengan harga transaksi dan nilai wajar tidak transaction price and the fair value is evidenced
dapat dibuktikan dengan harga kuotasian di neither by a quoted price in an active market for
pasar aktif untuk aset atau liabilitas yang identik an identical asset or liability nor based on a
atau berdasarkan teknik penilaian yang hanya valuation technique that uses only data from
menggunakan data dari pasar yang dapat observable markets, then the financial
diobservasi, maka nilai wajar instrumen instrument is initially measured at fair value,
keuangan pada saat pengakuan awal adjusted to defer the difference between the fair
disesuaikan untuk menangguhkan perbedaan value at initial recognition and the transaction
antara nilai wajar pada saat pengakuan awal price. Subsequently, that difference is
dan harga transaksi. Setelah pengakuan awal, recognized in profit or loss on an appropriate
perbedaan tersebut diakui dalam laba rugi basis over the life of the instrument but no later
berdasarkan umur dari instrumen tersebut than when the valuation is wholly supported by
namun tidak lebih lambat dari saat penilaian observable market data or the transaction is
tersebut didukung sepenuhnya oleh data pasar closed out.
yang dapat diobservasi atau saat transaksi
ditutup.
Jika aset atau liabilitas yang diukur pada nilai If an asset or a liability measured at fair value has
wajar memiliki harga penawaran dan harga a bid price and an ask price, then the Group
permintaan, maka Grup mengukur aset dan measures assets and liabilities at its mid price.
liabilitas berdasarkan harga tengahnya.
Kelompok aset keuangan dan liabilitas Portfolios of financial assets and financial
keuangan yang diukur pada nilai wajar, yang liabilities measured at fair value, that are
terekspos risiko pasar dan risiko kredit yang exposed to market risk and credit risk that are
dikelola oleh Grup berdasarkan eksposur managed by the Group on the basis of the net
netonya, baik terhadap risiko pasar ataupun exposure to either market or credit risk, are
risiko kredit, diukur berdasarkan harga yang measured on the basis of a price that would be
akan diterima untuk menjual posisi net long received to sell a net long position (or paid to
(atau dibayar untuk mengalihkan posisi net transfer a net short position) for a particular risk
short) untuk eksposur risiko tertentu. exposure. Those portfolio-level adjustments
Penyesuaian pada level kelompok tersebut are allocated to the individual assets and
dialokasikan pada aset dan liabilitas individual liabilities based on the relative risk adjustment
berdasarkan penyesuaian risiko relatif dari of each of the individual instruments in the
masing-masing instrumen individual di dalam portfolio.
kelompok.
ak. Kombinasi bisnis ak. Business combinations
Grup mencatat kombinasi bisnis menggunakan The Group accounts for business combinations
metode akuisisi. Dalam menentukan apakah under the acquisition method. In determining
serangkaian aktivitas dan aset merupakan whether a particular set of activities and assets
suatu bisnis, Grup menilai apakah serangkaian in a business, the Group assess whether the set
aktivitas dan aset yang diperoleh mencakup, of assets and activities acquired includes, at a
minimum, input dan proses substantif dan minimum, an input and substantive process and
apakah serangkaian aktivitas dan aset yang whether the acquired set has the ability to
diperoleh memiliki kemampuan menghasilkan produce outputs.
output.
82
Page 493
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES (continued)
ak. Kombinasi bisnis (lanjutan) ak. Business combinations (continued)
Imbalan yang dialihkan dalam akuisisi The consideration transferred in the acquisition
umumnya diukur pada nilai wajar, begitu juga is generally measured at fair value, as are the
dengan aset neto teridentifikasi yang diperoleh. indentifiable net assets acquired. Any goodwill
Setiap goodwill yang timbul diuji penurunan that arises is tested annually for impairment.
nilainya setiap tahun. Keuntungan dari Any gain on a bargain purchase is recognized in
pembelian dengan diskon diakui langsung profit or loss immediately. Transaction costs are
dalam laba rugi. Biaya transaksi dibebankan expensed as incurred, except if related to the
saat terjadi, kecuali jika terkait dengan issue of debt or equity securities.
penerbitan efek utang atau ekuitas.
Imbalan yang dialihkan tidak termasuk jumlah The consideration transferred does not include
yang terkait dengan penyelesaian hubungan amounts related to the settlement of pre-existing
yang telah ada sebelumnya. Jumlah tersebut relationships. Such amounts are generally
umumnya diakui dalam laba rugi. recognized in profit or loss.
Grup mengukur goodwill pada tanggal akuisisi The Group measures goodwill at the acquisition
sebesar: date as:
- Nilai wajar dari imbalan yang dialihkan, - The fair value of the consideration
ditambah; transferred, plus;
- Jumlah setiap kepentingan - The recognized amount of any non-
nonpengendali pada pihak yang controlling interest in the acquiree, plus;
diakuisisi, ditambah;
- Untuk kombinasi bisnis yang dilakukan - If the business combination is achieved in
secara bertahap, nilai wajar pada tanggal stages, the fair value of the pre-existing
akuisisi dari kepentingan ekuitas yang equity interest in the acquiree, less;
sebelumnya dimiliki oleh pihak
pengakuisisi pada pihak yang diakuisisi,
dikurangi;
- Jumlah neto yang diakui (umumnya apda - The net recognized amount (generally fair
nilai wajar) dari aset teridentifikasi yang value) of the identifiable assets acquired
diperoleh dan liabilitas yang diambil alih. and liablity assumed.
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING JUDGMENTS
Sumber utama ketidakpastian estimasi Key sources of estimation uncertainty
Informasi mengenai asumsi dan ketidakpastian Information about the assumptions and estimation
estimasi dijelaskan di bawah ini dan pada catatan- uncertainties is set out below and in the following
catatan di bawah ini: notes:
• Catatan 15 – pengakuan dan pengukuran klaim • Note 15 – recognition and measurement of
pengembalian pajak: asumsi-asumsi claims for tax refund: likelihood of recoverable
kemungkinan atas jumlah yang dapat amount assumptions.
dikembalikan.
• Catatan 26 – pengukuran liabilitas imbalan • Note 26 – measurement of post-employment
pascakerja dan imbalan jangka panjang benefits liabilities and other long-term benefits:
lainnya: asumsi-asumsi aktuarial. actuarial assumptions.
83
Page 494
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan assets
Bank Bank
Grup melakukan peninjauan kembali atas aset The Group reviews their financial assets at
keuangan pada setiap tanggal pelaporan untuk reporting date to evaluate the allowance for
melakukan penilaian atas cadangan kerugian impairment losses. Management’s judgement is
penurunan nilai yang telah dicatat. applied in determining the level of allowance
Pertimbangan manajemen diperlukan dalam required.
menentukan tingkat cadangan yang
dibutuhkan.
Sesuai dengan PSAK 109, Bank mengestimasi In accordance with PSAK 109, the Bank
kerugian kredit ekspektasian (“KKE”) atas estimated the expected credit losses (“ECL”) on
pinjaman yang diberikan. Estimasi KKE loans. The ECL estimation involves use of
melibatkan penggunaan model dan asumsi models and assumptions which are the key
yang merupakan sumber utama ketidakpastian sources of estimation uncertainty.
dalam estimasi.
Penilaian risiko kredit dari portofolio aset The assessment of credit risk of an asset
memerlukan estimasi mengenai kemungkinan portfolio entails further estimations as to the
terjadinya gagal bayar, dari rasio kerugian yang likelihood of defaults occurring, of the
terkait dan korelasi gagal bayar antarpihak. associated loss ratios and of default correlations
Bank menggunakan model yang kompleks between counterparties. The Bank primarily
yaitu menggunakan matriks Probability of uses sophisticated models that utilize the
Default (PD), Loss Given Default (LGD) dan Probability of Default (PD), Loss Given Default
Exposure at Default (EAD), dan variabel (LGD) and Exposure at Default (EAD), and
makroekonomi untuk estimasi yang bersifat macroeconomic variables for forward looking
perkiraan masa depan, yang didiskontokan perspective, which are discounted using the
menggunakan suku bunga efektif, yang dapat effective interest rate, as described as follows:
dijelaskan sebagai berikut:
- PD merupakan kemungkinan pada suatu - PD represents the probability at a point in
waktu (point in time) dimana debitur time that debtor will default, calibrated over
mengalami gagal bayar, dikalibrasikan up to 12 months from the reporting date
sampai dengan periode 12 bulan dari (Stage 1) or over the lifetime of the asset
tanggal pelaporan (Tahap 1) atau (Stage 2) and incorporating the impact of
sepanjang umur aset (Tahap 2) dan forward looking economic assumptions that
memperhitungkan dampak asumsi have an effect on credit risk. PD is estimated
ekonomi masa depan yang memiliki at point in time that means it will fluctuate in
dampak terhadap risiko kredit. PD line with the economic cycle.
diestimasikan pada suatu waktu yang
berarti PD akan berfluktuasi sejalan dengan
siklus ekonomi.
84
Page 495
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
- LGD merupakan kerugian yang - LGD represents the loss that is expected to
diperkirakan akan timbul dari debitur yang arise on default, incorporating the impact of
gagal bayar dengan memperhitungkan forward looking economic assumptions
dampak dari asumsi ekonomi masa depan where relevant, which represents the
yang relevan, yaitu perbedaan antara arus difference between the contractual cash
kas kontraktual yang seharusnya diterima flows due and those that the Bank expects to
dengan arus kas yang diharapkan Bank receive. The Bank estimates LGD based on
untuk diterima. Bank mengestimasikan the history of recovery rates and considers
LGD berdasarkan data historis tingkat the recovery of any collateral that is integral
pemulihan dan memperhitungkan to the loans, taking into account forward
pemulihan yang berasal dari jaminan yang looking economic assumptions where
merupakan bagian yang tidak terpisah dari relevant.
pinjaman yang diberikan dengan
mempertimbangkan asumsi ekonomi di
masa depan yang relevan.
- EAD merupakan perkiraan nilai eksposur - EAD represents the expected exposure at
pada saat gagal bayar dengan the time of default, taking into account the
mempertimbangkan perubahan eksposur expected change in exposure over the
yang diharapkan selama masa eksposur. lifetime of the exposure. This incorporates
EAD memperhitungkan dampak penarikan the impact of drawdowns of committed
fasilitas kredit (committed) yang dilakukan, facilities, repayments of principals and
pembayaran pokok dan bunga, amortisasi interest, amortization and prepayments,
dan pembayaran dimuka, serta dampak together with the impact of forward looking
dari asumsi ekonomi di masa depan yang economic assumptions where relevant,
relevan, yang dipilih berdasarkan which are chosen based on the collation of
pengumpulan data makroekonomi yang macroeconomics data obtained from various
diperoleh dari berbagai sumber seperti, sources such as, but not limited to,
namun tidak terbatas pada, regulator, regulators, government as well as
pemerintah serta organisasi penelitian independent research organisation.
independen.
Variabel makroekonomi yang digunakan terdiri The macroeconomic variables used, among
dari tingkat pertumbuhan pendapatan domestik others, consisted of gross domestic product
bruto (PDB), tingkat inflasi, nilai valuta asing, (GDP) growth rate, inflation rate, foreign
tingkat bunga antarbank, dan tingkat exchange rates, interbank rate, and
pengangguran. Untuk perhitungan KKE pada unemployment rate. In the calculation of ECL as
tanggal 31 Desember 2024 dan 2023, Bank of 31 December 2024 and 2023, the Bank used
menggunakan variabel makroekonomi sebagai macroeconomic variables as follows:
berikut:
31 Desember/December 2024
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 5.3% 2.9% 4.8% 16,016 4.8%
Dasar/Base 5.0% 3.0% 5.0% 16,859 5.1%
Terburuk/Worst 4.8% 3.2% 5.3% 17,702 5.4%
85
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
31 Desember/December 2023
Tingkat Nilai tukar
pertumbuhan Tingkat Rupiah per
PDB per Tingkat bunga 1 USD/
tahun/ inflasi per antarbank per Exchange Tingkat
GDP growth tahun/ tahun/ rate of pengangguran/
Skenario/ rate per Inflation rate Interbank rate Rupiah Unemployment
Scenario annum per annum per annum per 1 USD rate
Terbaik/Best 5.5% 3.1% 4.5% 15,344 4.9%
Dasar/Base 5.2% 3.3% 4.8% 16,152 5.2%
Terburuk/Worst 4.9% 3.5% 5.0% 16,960 5.5%
Dalam menentukan probabilitas tertimbang In determining the probability weighted of each
dari skenario yang akan terjadi di masa depan, scenario that will occur in the future, the Bank has
Bank telah melakukan analisis berdasarkan conducted an analysis based on historical GDP
informasi historis PDB yang meliputi insiden information which includes the major incident that
besar yang terjadi pada rentang waktu happened in the last 43 years.
43 tahun terakhir.
Bank menerapkan tiga skenario makroekonomi The Bank applied the following three
berikut untuk mencerminkan jumlah yang tidak macroeconomic scenarios to reflect an unbiased
bias dan probabilitas tertimbang yang probability-weighted range of possible future
ditentukan dengan mengevaluasi serangkaian outcomes in estimating ECL:
hasil yang kemungkinan dapat terjadi dalam
mengestimasi KKE:
- Skenario Dasar: Skenario ini - Base scenario: This scenario reflects that
mencerminkan bahwa kondisi current macroeconomic condition continues to
makroekonomi saat ini terus berlanjut; dan prevail; and
- Skenario Terbaik dan Terburuk: Skenario - Best and Worst scenarios: These scenarios
ini ditetapkan relatif terhadap skenario are set relative to the base scenario; reflecting
dasar; mencerminkan kondisi best and worst case macroeconomic
makroekonomi terbaik dan terburuk conditions based on combination of statistical
berdasarkan kombinasi pendekatan approach and subject matter expert’s
statistik dan penilaian dari subject matter assessment from current economic conditions.
expert berdasarkan kondisi ekonomi saat
ini.
Permodelan dilakukan dengan Modelling is done by segmenting the credit
mengelompokkan portofolio kredit ke dalam portfolio into 8 categories for non-corporate loans
8 kategori untuk pinjaman non-korporasi dan and 1 category for corporate loans.
1 kategori untuk pinjaman korporasi.
Asumsi yang mendasari permodelan akan The assumptions underlying modelling is
dipantau dan ditinjau setiap tahun. Tidak ada monitored and reviewed on an annual basis.
perubahan signifikan dalam teknik estimasi There have been no significant changes on
yang dibuat selama periode pelaporan. estimation techniques made during the reporting
period.
86
Page 497
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Bank (lanjutan) Bank (continued)
Khusus untuk pinjaman korporasi dan mitra Specifically for corporate and certain material
bisnis tertentu yang material, ketika pinjaman business banking loans, when the loans have
yang diberikan mengalami penurunan nilai, been impaired, the allowance for credit losses is
cadangan kerugian kredit dihitung secara calculated individually. In individual assessment,
individu. Dalam penilaian individu, kondisi the specific debtors' conditions are evaluated
spesifik debitur dievaluasi secara individu individually based on management's best
berdasarkan estimasi terbaik manajemen atas estimate of the present value of the cash flows that
nilai kini arus kas yang diharapkan akan are expected to be received. Evaluation over the
diterima. Evaluasi penilaian individu atas arus individual assessment is determined based on
kas yang diharapkan akan diterima ditentukan probability weighted of multiple scenarios.
berdasarkan probabilitas tertimbang beberapa
skenario.
Dalam mengestimasi arus kas tersebut, Probability-weighted estimation is performed by
manajemen membuat pertimbangan mengenai taking into account weighting for each scenario
situasi keuangan debitur dan nilai realisasi and uses minimum of 2 (two) scenarios to reflect
bersih dari setiap agunan yang ada. Setiap at least normal scenario and worst scenario. In
aset yang mengalami penurunan nilai dinilai estimating these cash flows, management makes
sesuai dengan keadaan dan strategi judgments about the debtors' financial situation
penyelesaian masing-masing. Estimasi arus and the net realizable value of any underlying
kas ekspektasian dari skenario-skenario collateral. Each impaired asset is assessed on its
estimasi disetujui secara independen oleh merits and the workout strategy. The estimated
Business Risk masing-masing segmen bisnis. expected cash flows from estimation scenarios
are independently approved by the Business Risk
from each business segment.
Entitas Anak Subsidiary
PT BANK BTPN SYARIAH Tbk PT BANK BTPN SYARIAH Tbk
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances
meliputi kerugian kredit yang melekat dalam cover credit losses inherent in portfolios of the
portofolio piutang murabahah BTPNS. Dalam murabahah receivables of BTPNS. In assessing
menilai kebutuhan untuk cadangan penurunan the need for collective impairment allowances,
nilai kolektif, manajemen mempertimbangkan management considers factors such as financing
faktor-faktor seperti kualitas pembiayaan, quality, characteristic of products and whether the
karakteristik produk dan apakah pembiayaan financing has been restructured.
tersebut telah direstrukturisasi.
Dalam mengestimasi cadangan yang In order to estimate the required allowance,
diperlukan, asumsi-asumsi dibuat untuk assumptions are made to define the way inherent
menentukan model kerugian bawaan dan losses are modeled and to determine the required
untuk menentukan parameter input yang input parameters, based on historical experience
diperlukan, berdasarkan pengalaman historis and current economic conditions. The accuracy of
dan kondisi ekonomi saat ini. Ketepatan dari the calculated allowances depends on how well
cadangan yang dihitung ini tergantung pada the estimates and assumptions on the model and
seberapa tepat estimasi dan asumsi pada parameters used in determining collective
model dan parameter yang digunakan dalam allowances.
menentukan cadangan kolektif.
Basis evaluasi atas cadangan kerugian Basis of evaluation of impairment for financial
penurunan nilai aset keuangan dan piutang assets and murabahah receivables is described in
murabahah dijelaskan pada Catatan 2i. Note 2i.
87
Page 498
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty (continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
PT Oto Multiartha dan PT Summit Oto PT Oto Multiartha and PT Summit Oto Finance
Finance
Peningkatan risiko kredit yang signifikan Significant increase in credit risk
Dalam pengukuran KKE, pertimbangan In the measurement of ECL, judgment is involved
diperlukan dalam penerapan aturan untuk in setting the rules to determine whether there
menentukan apakah telah terdapat peningkatan has been a significant increase in credit risk
signifikan atas risiko kredit (SICR) sejak (SICR) since initial recognition of a loan, resulting
pengakuan awal atas pinjaman yang diberikan, the financial asset moving from "Stage 1” to
yang mengakibatkan aset keuangan berpindah “Stage 2”. In determining what constitutes SICR,
dari “Tahap 1” ke “Tahap 2”. Dalam menentukan OTO and SOF use 30 days or more past due
apa yang merupakan SICR, OTO dan SOF information and recognizes lifetime expected
menggunakan informasi tunggakan 30 hari atau credit losses. This is a key area of judgment as
lebih untuk mengakui kerugian kredit transition from Stage 1 and Stage 2 increases
ekspektasian sepanjang umurnya. Ini the ECL calculation from an allowance based on
merupakan hal yang utama dalam the probability of default in the next 12 months,
pertimbangan karena perpindahan dari Tahap 1 to an allowance for lifetime expected credit
dan Tahap 2 meningkatkan perhitungan KKE losses. Subsequent decreases in credit risk
atas penyisihan berdasarkan probability of combined with transition from Stage 2 to Stage 1
default dalam 12 bulan mendatang, menjadi may simillarly result in significant changes in the
cadangan kerugian kredit ekspektasian ECL allowance. OTO and SOF monitor the
sepanjang umur. Penurunan selanjutnya atas effectiveness of SICR criteria on an ongoing
risiko kredit yang digabungkan dengan basis.
perpindahan dari Tahap 2 ke Tahap 1 mungkin
akan memberikan hasil yang sama atas
perubahan signifikan dalam penyisihan KKE.
OTO dan SOF memantau efektivitas kriteria
SICR secara berkelanjutan.
Informasi forward looking Forward looking information
Pengukuran kerugian kredit ekspektasian The measurement of expected credit losses
mencerminkan jumlah rata-rata probabilitas reflects an unbiased probability-weighted range
tertimbang yang tidak bias dari rentang hasil of possible future outcomes.
akhir masa depan yang mungkin terjadi.
Dalam menetapkan informasi forward looking In applying forward looking information in OTO
dalam model PSAK 109 OTO dan SOF and SOF’s PSAK 109 credit models, OTO and
menggunakan variabel makroekonomi dalam SOF use macroeconomics variables. The
menentukan KKE. Variabel makroekonomi yang macroeconomic variables used as of 31
digunakan pada tanggal 31 Desember 2024 dan December 2024 and 2023 are Gross Domestic
2023 adalah pertumbuhan Pendapatan Bruto Products (GDP) growth and unemployment rate.
Nasional (PDB) dan tingkat pengangguran.
Dalam menentukan probabilitas tertimbang dari In determining the probability weighted of each
skenario yang akan terjadi di masa depan, OTO scenario that will occur in the future, OTO and
dan SOF telah melakukan analisis berdasarkan SOF have conducted an analysis based on
informasi historis PDB dan tingkat historical GDP and unemployment rate
pengangguran yang meliputi insiden besar yang information which includes the major incidents
terjadi pada rentang waktu 5 tahun terakhir. that happened in the last 5 years.
88
Page 499
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Sumber utama ketidakpastian estimasi (lanjutan) Key sources of estimation uncertainty
(continued)
• Cadangan kerugian penurunan nilai aset • Allowance for impairment losses of financial
keuangan (lanjutan) assets (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
PT Oto Multiartha dan PT Summit Oto PT Oto Multiartha and PT Summit Oto Finance
Finance (lanjutan) (continued)
OTO dan SOF menerapkan tiga skenario OTO dan SOF applied the following three
makroekonomi berikut untuk mencerminkan macroeconomic scenarios to reflect an
jumlah yang tidak bias dan probabilitas unbiased probability-weighted range of possible
tertimbang yang ditentukan dengan future outcomes in estimating ECL:
mengevaluasi serangkaian hasil yang
kemungkinan dapat terjadi dalam mengestimasi
KKE:
- Skenario dasar: Skenario ini mencerminkan - Base scenario: This scenario reflects that
bahwa kondisi makroekonomi saat ini terus current macroeconomic condition continue
berlanjut; dan to prevail; and
- Skenario optimis dan pesimis: Skenario ini - Optimistic and pessimistic scenarios: These
ditetapkan relatif terhadap skenario dasar; scenarios are set relative to the base
mencerminkan kondisi makroekonomi scenario; reflecting best and worst case
terbaik dan terburuk berdasarkan kombinasi macroeconomic conditions based on
pendekatan statistik dan penilaian dari combination of statistical approach and
subject matter expert berdasarkan kondisi subject matter expert’s assessment from
ekonomi saat ini. current economic conditions.
Pada tanggal 31 Desember 2024, probabilitas As of 31 December 2024, probability-weighting
tertimbang skenario dasar adalah sebesar 40% for base scenario is 40% (2023: 40%), optimistic
(2023:40%), skenario optimis sebesar 10% scenario 10% (2023: 10%) and pessimistic
(2023: 10%) dan skenario pesimis sebesar scenario 50% (2023: 50%). The assumptions
50% (2023: 50%). Asumsi yang mendasari underlying the ECL calculation are monitored
perhitungan ECL akan dipantau dan ditinjau and reviewed on annual basis.
setiap tahun.
Asumsi yang mendasari pemodelan akan The assumptions underlying modelling is
dipantau dan ditinjau setiap tahun. Tidak ada monitored and reviewed on an annual basis.
perubahan signifikan dalam teknik estimasi There have been no significant changes on
yang dibuat selama periode pelaporan. estimation techniques made during the reporting
period.
• Penentuan nilai wajar • • Determining fair values
Dalam menentukan nilai wajar atas aset The determination of fair value for financial assets
keuangan dan liabilitas keuangan dimana tidak and financial liabilities for which there is no
terdapat harga pasar yang dapat diobservasi, observable market price, the Group has to use
Grup harus menggunakan teknik penilaian valuation techniques as described in Note 2aj. For
seperti dijelaskan pada Catatan 2aj. Untuk financial instruments that trade infrequently and
instrumen keuangan yang jarang have little price transparency, fair value is less
diperdagangkan dan tidak memiliki harga yang objective, and therefore, it requires varying
transparan, nilai wajarnya menjadi kurang degrees of judgment depending on liquidity,
obyektif dan karenanya, membutuhkan tingkat concentration, uncertainty of market factors,
pertimbangan yang beragam, tergantung pada pricing assumptions and other risks affecting the
likuiditas, konsentrasi, ketidakpastian faktor specific instrument.
pasar, asumsi penentuan harga, dan risiko
lainnya yang mempengaruhi instrumen
tersebut.
89
Page 500
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup Group’s accounting policies
• Nilai wajar atas instrumen keuangan • • Fair value of financial instruments
Kebijakan akuntansi Grup untuk pengukuran The Group’s accounting policy on fair value
nilai wajar dibahas di Catatan 2aj. measurements is discussed in Note 2aj.
Informasi mengenai penentuan nilai wajar dari Information about the determination of fair value of
instrumen keuangan diungkapkan pada financial instruments is disclosed in Note 45.
Catatan 45.
• Klasifikasi aset dan liabilitas keuangan serta • • Financial assets and liabilities as well as sharia
efek-efek syariah securities classification
Kebijakan akuntansi Grup memberikan pilihan The Group’s accounting policies provides choices
untuk mengklasifikasikan aset dan liabilitas to classify financial assets and liabilities into
keuangan ke dalam berbagai kategori pada different categories at initial recognition based on
saat pengakuan awal berdasarkan kondisi certain circumstances requiring management’s
tertentu yang membutuhkan pertimbangan judgement.
manajemen.
Dalam menentukan klasifikasi aset dan In determining the classification of financial assets
liabilitas keuangan, Bank telah menetapkan and liabilities, the Bank has determined that
bahwa aset dan liabilitas keuangan telah financial assets and liabilities have already met
memenuhi persyaratan klasifikasi the requirements of such classification as set out
sebagaimana dijabarkan dalam Catatan 2h. in Note 2h.
Dalam mengklasifikasikan investasi pada efek- In classifying investment in sharia securities as
efek syariah sebagai ”diukur pada biaya “measured at acquisition cost” and “measured at
perolehan” dan ”diukur pada nilai wajar melalui fair value through other comprehensive income”,
penghasilan komprehensif lain”, Entitas Anak the Subsidiary has determined that the investment
telah menetapkan bahwa investasi tersebut in sharia securities have already met the
telah memenuhi persyaratan klasifikasi requirements of such classification as set out in
sebagaimana dijabarkan dalam Catatan 2l. Note 2l.
• Sewa • Leases
Penentuan apakah suatu perjanjian Determining whether an arrangement is or
mengandung unsur sewa membutuhkan contains a lease requires careful judgement to
pertimbangan yang cermat untuk menilai assess whether the arrangement conveys a right
apakah perjanjian tersebut memberikan hak to obtain substantially all the economic benefits
untuk mendapatkan secara substansial seluruh from use of the asset throughout the period of use
manfaat ekonomi dari penggunaan aset and right to direct the use of the asset, even if the
identifikasian dan hak untuk mengarahkan right is not explicitly specified in the arrangement.
penggunaan aset identifikasian, bahkan jika
hak tersebut tidak dijabarkan secara eksplisit di
perjanjian.
Karena Grup tidak dapat dengan mudah Since the Group could not readily determine the
menentukan suku bunga implisit, manajemen implicit rate, management uses the Group's
menggunakan suku bunga pinjaman incremental borrowing rate as a discount rate.
inkremental Grup sebagai tingkat diskonto.
90
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Sewa (lanjutan) • Leases (continued)
Ada beberapa faktor yang perlu There are several factors to consider in
dipertimbangkan dalam menentukan suku determining an incremental borrowing rate, many
bunga pinjaman inkremental, yang banyak di of which need judgement in order to be able to
antaranya memerlukan pertimbangan untuk reliably quantify any necessary adjustments to
dapat secara andal mengukur penyesuaian arrive at the final discount rates.
yang diperlukan untuk sampai pada tingkat
diskonto akhir.
Dalam menentukan suku bunga pinjaman In determining incremental borrowing rate, the
inkremental, Grup mempertimbangkan faktor- Group considers the following main factors; the
faktor utama sebagai berikut; risiko kredit Grup, Group’s credit risk, the lease term, the lease
jangka waktu sewa, jangka waktu pembayaran payment term, the economic environment, the
sewa, lingkungan ekonomi, waktu di mana time at which the lease is entered, and the
sewa dimasukkan, dan mata uang di mana currency in which the lease payments are
pembayaran sewa ditentukan. denominated.
Dalam menentukan jangka waktu sewa, Grup In determining the lease term, the Group
mempertimbangkan semua fakta dan keadaan considers all facts and circumstances that create
yang menimbulkan insentif ekonomi untuk an economic incentive to exercise an extension
menggunakan opsi perpanjangan, atau tidak option or not exercise a termination option.
menggunakan opsi penghentian. Opsi Extension options (or periods after termination
perpanjangan (atau periode setelah opsi options) are only included in the lease term if the
penghentian kontrak kerja) hanya dimasukkan lease is reasonably certain to be extended (or not
dalam jangka waktu sewa jika sewa cukup pasti terminated).
akan diperpanjang (atau tidak dihentikan).
• Penyesuaian nilai wajar akuisisi dan goodwill • Fair value adjustment of acquisition and goodwill
Dalam transaksi akuisisi yang dilakukan oleh In the acquisition transaction conducted by the
Bank atas Entitas Anak (PT Oto Multiartha dan Bank on Subsidiaries (PT Oto Multiartha and PT
PT Summit Oto Finance), terdapat Summit Oto Finance), there are adjustments to
penyesuaian nilai wajar dan juga goodwill. fair value and goodwill. The fair value adjustments
Penyesuaian nilai wajar yang dihasilkan adalah are on intangible assets and tangible assets.
pada aset takberwujud dan aset berwujud.
Dalam menentukan aset takberwujud yang In determining the intangible assets to be
akan diidentifikasi, dikenali, dan dinilai sebagai identified, recognized, and valued as a result of
hasil dari kombinasi bisnis, Bank telah the business combination, The Bank has
berdiskusi mengenai sifat bisnis dan discussed regarding the nature of the business
pendorong nilai utama terkait, dan juga telah and the related key drivers of value, and have also
memperoleh pandangannya tentang aset obtained its view of the potential intangible assets.
takberwujud potensial.
Bank juga melakukan penelitian dan analisis The Bank also conducted research and performed
terhadap industri, termasuk membandingkan analysis on the industry, including benchmarking
asumsi-asumsi utama tertentu dengan certain key assumptions to publicly available
informasi yang tersedia untuk umum. information.
Penyesuaian nilai wajar untuk aset takberwujud Fair value adjustments for intangible assets that
yang telah teridentifikasi, memenuhi kriteria have been identified, fulfilled the identifiability
identifikasi dan memiliki nilai yang diharapkan criteria, and possess values that are expected to
signifikan adalah merek dagang, perangkat be significant are trademarks, software, and
lunak, dan hubungan pelanggan, dan untuk customer relationships, and for tangible asset is
aset berwujud adalah piutang pembiayaan. financing receivables.
Nilai wajar piutang pembiayaan menggunakan The fair value of financing receivables is using the
nilai sekarang dari setiap kontrak pembiayaan. present value of each leasing contract.
91
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Penyesuaian nilai wajar akuisisi dan goodwill • Fair value adjustment of acquisition and goodwill
(lanjutan) (continued)
Metode valuasi yang digunakan untuk merek The valuation method used for trademarks and
dagang dan perangkat lunak adalah ”Relief from software is “Relief from Royalty”. This method
Royalty”. Metode ini memperkirakan nilai estimates the value based on the cost savings
berdasarkan penghematan biaya yang diperoleh realized as the result of not having to pay royalty to
karena tidak perlu membayar royalti kepada pihak another party for using the asset.
lain atas penggunaan aset tersebut.
Metode valuasi yang digunakan untuk hubungan The valuation method used for customer relationship
pelanggan adalah ”Multi-period Excess Earnings is “Multi-period Excess Earnings Method”. The value
Method”. Nilai hubungan pelanggan diwakili oleh of customer relationships is represented by the
manfaat ekonomi yang diharapkan diperoleh dari expected economic benefits to be earned from
hubungan pelanggan yang berulang, yang repeat customer relationship, which is expected to
diperkirakan akan mengalami penurunan seiring suffer attrition over time. The operating profit
berjalannya waktu. Laba operasi yang dihasilkan generated by the repeat customers is attributed to a
oleh pelanggan berulang diatribusikan ke set of assets. Excess earnings aim to estimate the
serangkaian aset. Laba berlebih bertujuan untuk value strictly attributable to repeat customers over
memperkirakan nilai yang secara ketat their remaining useful life by subtracting from the
diatribusikan kepada pelanggan berulang selama operating profit a contributory asset charge, which is
sisa masa manfaatnya dengan mengurangi dari required to isolate earnings to estimate the residual
laba operasi beban aset kontributor, yang or “excess earnings” attributable to such intangible
diperlukan untuk mengisolasi laba guna asset.
memperkirakan sisa atau “laba berlebih” yang
diatribusikan ke aset takberwujud tersebut.
Aset (liabilitas) pajak tangguhan timbul dari Deferred tax assets (liabilities) arise from fair value
penyesuaian nilai wajar ke atas/ke bawah dan upward/downward adjustment and recognition of
pengakuan aset takberwujud pada tanggal intangible assets as of the valuation date. The Bank
penilaian. Bank menggunakan tarif pajak sebesar uses a tax rate of 22% in computing the recognized
22% dalam menghitung pajak tangguhan yang deferred tax caused by the fair value adjustments.
diakui yang disebabkan oleh penyesuaian nilai
wajar.
• Pengujian penurunan nilai untuk Entitas Anak • Impairment testing for Subsidiaries containing
yang mengandung goodwill goodwill
Entitas Anak yang dilakukan pengujian dalam Subsidiaries tested for the impairment testing are
penurunan nilai adalah OTO dan OTO and SOF.
SOF.
Pendekatan yang digunakan dalam pengujian The approach used for impairment testing is income
penurunan nilai adalah pendekatan pendapatan – approach – discounted cash flow with projection
arus kas yang didiskonto dengan periode period used is 5 years, started from 2025 until 2029.
proyeksi yang digunakan adalah 5 tahun, dimulai
sejak 2025 sampai dengan 2029.
Asumsi ekonomi makro yang digunakan Macroeconomics assumptions used based on
berdasarkan Economist Intelligent Unit (”EIU”) Economist Intelligent Unit (”EIU”), along with other
dengan asumsi lainnya sebagai berikut general assumptions as follows:
2025F 2026F 2027F 2028F 2029F
Tingkat inflasi 2.3% 2.7% 3.0% 3.1% 3.1% Inflation rate
Pajak penghasilan badan 25% Corporate income tax
Periode kompensasi rugi fiskal 5 tahun/years Tax loss carry forward period
Pajak penghasilan badan yang digunakan Corporate income tax used amounted to 25% to
sebesar 25% agar menjaga pendekatan yang maintain a conservative approach.
konservatif.
92
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 3. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGMENTS (continued)
Pertimbangan akuntansi yang penting dalam Critical accounting judgments in applying the
menerapkan kebijakan akuntansi Grup (lanjutan) Group’s accounting policies (continued)
• Pengujian penurunan nilai untuk Entitas Anak • Impairment testing for Subsidiaries containing
yang mengandung goodwill (lanjutan) goodwill (continued)
Asumsi lainnya yang digunakan dalam pengujian The other assumptions used in impairment testing
penurunan nilai adalah sebagai berikut: were as follows:
OTO SOF
Rasio permodalan 10.0% 10.0% Capital ratio
Aset tertimbang risiko 60.0% 60.0% Risk adjusted asset
Tingkat pertumbuhan terminal 2.0% - 3.0% 2.0% - 3.0% Terminal growth rate
Tingkat diskonto 11.5% - 12.5% 11.5% - 14.5% Discount rate
Rasio permodalan sebesar 10% sesuai dengan Capital ratio amounted to 10% is in accordance
Surat Edaran Otoritas Jasa Keuangan (”SEOJK”) with Cirlcular Letter (“SEOJK”) of No. 1 Tear 2016
No. 1 Tahun 2016 dan Peraturan Otoritas Jasa and Financial Service Authority (“FSA”) Regulation
Keuangan (”OJK”) No 35 Tahun 2018. No. 35 Year 2018.
Aset tertimbang risiko merupakan aset Entitas Risk adjusted asset is the Subsidiaries’ asset
Anak dikalikan dengan risiko tertimbang menurut multiplied by the risk weighting set by the
OJK dalam SEOJK No. 1/SEOJK.05/2016. Aset Indonesian FSA in SEOJK No. 1/SEOJK.05/2016.
tertimbang risiko sebesar 60% masuk ke dalam Risk adjusted asset amounted to 60% is within the
kisaran aset tertimbang risiko dalam waktu range of risk adjusted assets in the last five years.
5 tahun terakhir.
Tingkat pertumbuhan terminal diasumsikan untuk Terminal growth rate is assumed for the terminal
tahun terminal berdasarkan rata-rata perkiraan year based on the average long-term inflation
inflasi jangka panjang dari 2025 – 2029 untuk forecast from 2025-2029 for Indonesia based on
Indonesia berdasarkan IMF dan EIU. IMF and EIU.
Tingkat diskonto berdasarkan biaya ekuitas, The discount rate is based on the cost of equity,
menggunakan rata-rata 10-15 tahun atas tingkat using the average of 10-15 years interest rate of
suku bunga surat utang negara dalam Rupiah government bonds in Rupiah as the risk-free rate.
sebagai tingkat bebas risiko.
Estimasi nilai valuasi OTO dan SOF melebihi The estimated value of OTO and SOF is above the
jumlah tercatatnya, sehingga tidak terdapat carrying amount, so there is no impairment of the
penurunan nilai atas goodwill. goodwill.
Goodwill terutama berkaitan dengan sinergi yang Goodwill is attributable mainly to synergies
diharapkan dari integrasi bisnis yang diakuisisi ke expected from integrating the business acquired
dalam bisnis Grup yang ada. Goodwill yang diakui into the Group’s existing business. The goodwill
tidak diharapkan dapat dikurangkan untuk tujuan recognized is not expected to be deductible for tax
perpajakan. purposes.
4. KAS 4. CASH
31 Desember/December
2024 2023
Rupiah 1,351,013 1,369,417) Rupiah
Dolar Amerika Serikat 25,378 54,843) United States Dollar
Yen Jepang 1,905 3,821) Japanese Yen
Dolar Singapura 1,351 602) Singapore Dollar
1,379,647 1,428,683)
Saldo dalam mata uang Rupiah termasuk uang pada The Rupiah balance includes cash in ATMs
mesin ATM (Anjungan Tunai Mandiri) pada tanggal (Automatic Teller Machines) as of
31 Desember 2024 dan 2023 masing-masing 31 December 2024 and 2023 amounting to
sebesar Rp 73.908 dan Rp 62.968. Rp 73,908 and Rp 62,968, respectively.
93
Page 504
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
4. KAS (lanjutan) 4. CASH (continued)
Pada tanggal 31 Desember 2024 dan 2023, kas telah As of 31 December 2024 and 2023, cash has been
diasuransikan kepada perusahaan asuransi pihak insured by the third-party insurance companies
ketiga (disajikan sebesar nilai pertanggungan): (presented at sum insured):
31 Desember/December
2024 2023
PT Asuransi MSIG Indonesia 391,875 386,750 PT Asuransi MSIG Indonesia
PT Zurich General Takaful Indonesia 30,500 76,250 PT Zurich General Takaful Indonesia
PT Asuransi Sinarmas 499 - PT Asuransi Sinarmas
Jumlah 422,874 463,000 Total
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan adequate to cover possible losses arising from the
kerugian dari aset tersebut. assets.
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
31 Desember/December
2024 2023
Rupiah 7,057,619 6,963,876) Rupiah
Dolar Amerika Serikat 2,385,842 2,312,722) United States Dollar
9,443,461 9,276,598)
Termasuk dalam saldo giro pada Bank Indonesia Included in the balance of current accounts with
adalah giro berdasarkan prinsip syariah dengan akad Bank Indonesia are current accounts based on
wadiah masing-masing sebesar Rp 669.329 dan sharia principles under wadiah contract amounting to
Rp 663.443 pada tanggal 31 Desember 2024 dan Rp 669,329 and Rp 663,443 as of 31 December
2023. 2024 and 2023, respectively.
Giro Wajib Minimum (GWM) Bank sesuai dengan Minimum Statutory Reserves (GWM) Bank in
Peraturan Bank Indonesia dan Peraturan Anggota accordance with Bank Indonesia (BI) Regulation and
Dewan Gubernur (PADG) diungkapkan pada Regulation of Members of the Board of Governors
Catatan 52. (PADG) was disclosed in Note 52.
6. GIRO PADA BANK-BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
31 Desember/December
2024 2023
Rupiah 325,884) 117,727) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 210,159) 446,607) United States Dollar
Yen Jepang 202,300) 153,105) Japanese Yen
Dolar Singapura 110,267) 52,601) Singapore Dollar
Yuan China 49,087) 10,012) China Yuan
Euro Eropa 42,530) 62,471) European Euro
Dolar Australia 32,654) 54,675) Australian Dollar
Poundsterling Inggris 31,681) 42,308) British Poundsterling
Baht Thailand 18,460) 18,448 Thailand Baht
Mata uang asing lainnya 11,979) 4,433) Other foreign currencies
709,117) 844,660)
Cadangan kerugian penurunan nilai (37) (158) Allowance for impairment losses
1,034,964) 962,229)
94
Page 505
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO PADA BANK-BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
b. Berdasarkan hubungan dengan pihak lawan b. By relationship with counterparties
31 Desember/December
2024 2023
Pihak ketiga Third parties
Rupiah 325,884) 117,727) Rupiah
Mata uang asing 183,325) 382,599) Foreign currencies
509,209) 500,326)
Pihak berelasi Related party
Mata uang asing 525,792) 462,061) Foreign currencies
Cadangan kerugian penurunan nilai (37) (158) Allowance for impairment losses
1,034,964) 962,229)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2024 2023
Pihak ketiga Third parties
PT Bank Permata Tbk 155,577) -) PT Bank Permata Tbk
PT Bank DBS Indonesia 109,282) -) PT Bank DBS Indonesia
Wells Fargo Bank N.A., New York 67,493) 277,571) Wells Fargo Bank N.A., New York
PT Bank Central Asia Tbk 58,175) 119,367) PT Bank Central Asia Tbk
National Australia Bank Limited, National Australia Bank Limited,
Melbourne 32,654) 54,675) Melbourne
Citibank N.A., New York 29,534) 8,091) Citibank N.A., New York
PT Bank Mandiri (Persero) Tbk 17,807) 24,109) PT Bank Mandiri (Persero) Tbk
PT Bank Maybank Indonesia Tbk 7,798) -) PT Bank Maybank Indonesia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 7,602) 13,395) (Persero) Tbk
PT Bank Sinarmas Tbk 5,562) -) PT Bank Sinarmas Tbk
PT Bank CIMB Niaga Tbk 4,725) 8) PT Bank CIMB Niaga Tbk
Lain-lain 13,000) 3,110) Others
509,209) 500,326)
Pihak berelasi Related party
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 525,792) 462,061) Corporation
Cadangan kerugian penurunan nilai (37) (158) Allowance for impairment losses
1,034,964) 962,229)
Giro pada bank-bank lain berdasarkan kolektibilitas Current accounts with other banks based on OJK
OJK diungkapkan pada Catatan 52. collectibility was disclosed in Note 52.
Tidak terdapat saldo giro pada bank-bank lain yang There were no current accounts with other banks
diblokir atau digunakan sebagai agunan pada which were blocked or used as collateral as of those
tanggal-tanggal tersebut. dates.
Tingkat suku bunga rata-rata per tahun atas giro The average interest rates per annum of current
pada bank-bank lain untuk tahun-tahun yang accounts with other banks for years ended
berakhir pada tanggal 31 Desember 2024 dan 2023 31 December 2024 and 2023 were as follows:
adalah sebagai berikut:
31 Desember/December
2024 2023
Rupiah 3.80% 0.63%) Rupiah
Mata uang asing 0.71% 0.53%) Foreign currencies
95
Page 506
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
6. GIRO PADA BANK-BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
Perubahan dalam cadangan kerugian penurunan The movement of the allowance for impairment
nilai adalah sebagai berikut: losses was as follows:
31 Desember/December
2024 2023
Saldo awal (158) (415) Beginning balance
Pemulihan selama tahun berjalan Reversal during the year
(Catatan 38) 124) 256) (Note 38)
Lainnya (3) 1) Others
Saldo akhir (37) (158) Ending balance
Manajemen berpendapat bahwa cadangan kerugian Management believes that the allowance for
penurunan nilai yang dibentuk cukup untuk menutup impairment losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai atas losses for current accounts with other banks as of
giro pada bank-bank lain pada tanggal 31 December 2024 and 2023.
31 Desember 2024 dan 2023.
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN OTHER BANKS
Pada tanggal 31 Desember 2024 dan 2023, seluruh As of 31 December 2024 and 2023, all placements
penempatan pada Bank Indonesia dan bank-bank with Bank Indonesia and other banks were placed at
lain ditempatkan pada pihak ketiga. third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2024 2023
Rupiah 8,719,240) 3,064,603) Rupiah
Mata uang asing Foreign currencies
Dolar Amerika Serikat 3,975,465) 5,897,051) United States Dollar
Pendapatan bunga/marjin yang
masih akan diterima 1,033) 2,624) Accrued interest/margin income
Cadangan kerugian penurunan Allowance for impairment losses
nilai (582) -)
12,695,156) 8,964,278)
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, total
jumlah penempatan pada Bank Indonesia dan placements with Bank Indonesia and other
bank-bank lain yang digolongkan sebagai banks that were classified as cash equivalents
setara kas adalah masing-masing sebesar amounted to Rp 12,694,705 and Rp 8,961,654,
Rp 12.694.705 dan Rp 8.961.654. respectively.
96
Page 507
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN (lanjutan) OTHER BANKS (continued)
b. Berdasarkan jenis b. By type
31 Desember/December
2024 2023
Fasilitas Simpanan Bank Indonesia
(“FASBI”) dan Fasilitas Simpanan Bank Indonesia’s Deposit Facilities
Bank Indonesia Syariah (“FASBI”) and Bank Indonesia
(“FASBIS”), bersih setelah Sharia’s Deposit Facility (“FASBIS”),
dikurangi dengan diskonto yang net of unamortized discount
belum diamortisasi 6,212,240) 2,826,603)
Deposito berjangka dan deposito Time deposits and mudharabah
mudharabah 4,222,465) 6,135,051) time deposits
Call money 2,260,000) -) Call money
12,694,705) 8,961,654)
Pendapatan bunga/marjin yang
masih akan diterima 1,033) 2,624) Accrued interest/margin income
Cadangan kerugian penurunan nilai (582) -) Allowance for impairment losses
12,695,156) 8,964,278)
c. Berdasarkan pihak lawan c. By counterparties
31 Desember/December
2024 2023
Deposito berjangka dan Time deposits and mudharabah
deposito mudharabah: time deposits:
Bank Indonesia 3,975,465) 5,897,051) Bank Indonesia
PT Bank Muamalat PT Bank Muamalat
Indonesia Tbk 100,500) 180,500) Indonesia Tbk
PT Bank Syariah Indonesia Tbk 80,000) -) PT Bank Syariah Indonesia Tbk
PT Bank Mega Syariah 47,000) 7,500) PT Bank Mega Syariah
PT Bank Aceh Syariah -) 50,000) PT Bank Aceh Syariah
Lainnya 19,500) -) Others
4,222,465) 6,135,051)
Fasilitas Simpanan Bank Bank Indonesia’s Deposit
Indonesia (“FASBI”) dan Facilities (“FASBI”) and Bank
Fasilitas Simpanan Bank Indonesia Sharia’s Deposit
Indonesia Syariah Facility (“FASBIS”):
(“FASBIS”):
Bank Indonesia - bersih setelah
dikurangi dengan diskonto Bank Indonesia - net of unamortized
yang belum diamortisasi 6,212,240) 2,826,603) discount
Call money: Call money:
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 400,000) -) (Persero) Tbk
PT Bank UOB Indonesia 400,000) -) PT Bank UOB Indonesia
PT Bank HSBC Indonesia 250,000) -) PT Bank HSBC Indonesia
PT Bank OCBC NISP Tbk 250,000) -) PT Bank OCBC NISP Tbk
PT Bank Danamon Tbk 200,000) -) PT Bank Danamon Tbk
PT Bank KEB Hana Indonesia 200,000) -) PT Bank KEB Hana Indonesia
Lainnya 560,000) -) Others
2,260,000) -)
12,694,705) 8,961,654)
Pendapatan bunga/marjin yang
masih akan diterima 1,033) 2,624) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (582) -) Allowance for impairment losses
12,695,156) 8,964,278)
97
Page 508
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK-BANK LAIN (lanjutan) OTHER BANKS (continued)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2024 2023
Hingga 1 bulan 12,447,705) 8,723,654) Up to 1 month
Lebih dari 1 - 3 bulan 247,000) 238,000) More than 1 - 3 months
12,694,705) 8,961,654)
Pendapatan bunga/marjin yang
masih akan diterima 1,033) 2,624) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (582) -) Allowance for impairment losses
12,695,156) 8,964,278)
e. Berdasarkan sisa periode sampai dengan e. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
f. Tingkat suku bunga f. Interest rate
Tingkat suku bunga rata-rata per tahun atas The average interest rates per annum of
penempatan pada Bank Indonesia dan bank- placements with Bank Indonesia and other
bank lain untuk tahun-tahun yang berakhir pada banks for the years ended 31 December 2024
tanggal 31 Desember 2024 dan 2023 adalah and 2023 were as follows:
sebagai berikut:
31 Desember/December
2024 2023
Rupiah 5.61% 5.35%) Rupiah
Mata uang asing 5.16% 4.87%) Foreign currencies
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai adalah sebagai berikut: losses was as follows:
31 Desember/December
2024 2023
Saldo awal -) (171) Beginning balance
(Penyisihan) pemulihan selama (Provision) reversal during
tahun berjalan the year
(Catatan 38) (582) 167) (Note 38)
Lainnya -) 4) Others
Saldo akhir (582) -) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that allowance for
kerugian penurunan nilai cukup untuk menutup impairment losses was adequate to cover
kemungkinan kerugian akibat penurunan nilai impairment losses for placement with Bank
atas penempatan pada Bank Indonesia dan Indonesia and other banks as of 31 December
bank-bank lain pada tanggal 31 Desember 2024 and no allowance for impairment losses
2024 dan tidak diperlukan cadangan kerugian was needed as of 31 December 2023.
penurunan nilai pada tanggal
31 Desember 2023.
98
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK 8. SECURITIES
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer
31 Desember/December 2024
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 1,096,231 (35,665) -) 1,060,566)
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 225,000 (1,835) -) 223,165)
1,321,231 (37,500) -) 1,283,731)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 16,971,900 15,972) (355,928) 16,631,944)
Reksa dana syariah/Sharia mutual funds 295,000 430) -) 295,430)
Obligasi korporasi/Corporate bonds 100,000 (87) -) 99,913)
17,366,900 16,315) (355,928) 17,027,287)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 164,192 -) (2,322) 161,870)
164,192 -) (2,322) 161,870)
Diukur pada biaya perolehan/
Measured at acquisition cost
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 4,991,472 -) (28,314) 4,963,158)
Sukuk Bank Indonesia/Bank Indonesia
sukuk 2,413,521 -) -) 2,413,521)
Sertifikat Mudharabah Antar Bank
(SIMA)/Certificate of Interbank
Mudharabah Investment (SIMA) 560,000 -) -) 560,000)
Reksa dana syariah/Sharia mutual funds 360,000 -) -) 360,000)
Sukuk korporasi/Corporate sukuk 257,000 -) 32) 257,032)
8,581,993 -) (28,282) 8,553,711)
27,434,316 (21,185) (386,532) 27,026,599)
Mata uang asing/Foreign currency
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 24,577 (902) -) 23,675)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 940,416 -) (9,382) 931,034)
964,993 (902) (9,382) 954,709)
)
Jumlah/Total 27,981,308)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued interest/margin
income 193,642)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (593)
Jumlah/Total 28,174,357)
99
Page 510
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
31 Desember/December 2023
Premium
Keuntungan (diskonto) yang
(kerugian) yang belum
belum diamortisasi/
direalisasi/ Unamortized Nilai tercatat/
Nilai nominal/ Unrealized premium Carrying
Nominal value gains (losses) (discount) amount
Rupiah
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 121,755) 1,181) -) 122,936)
121,755) 1,181) -) 122,936)
Diukur pada nilai wajar melalui
penghasilan komprehensif lain/
Measured at fair value through other
comprehensive income
Obligasi pemerintah/Government bonds 7,292,834) 3,595) 33,663) 7,330,092)
Reksa dana syariah/Sharia mutual funds 205,000) 183) -) 205,183)
7,497,834) 3,778) 33,663) 7,535,275)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 137,352) -) (1,991) 135,361)
137,352) -) (1,991) 135,361)
Diukur pada biaya perolehan/
Measured at acquisition cost
Surat Berharga Syariah Negara/Sovereign
Sharia Securities 3,905,633) -) 1,551) 3,907,184)
Sukuk Bank Indonesia/Bank Indonesia
sukuk 3,550,643) -) -) 3,550,643)
Sertifikat Investasi Mudharabah Antarbank
(SIMA)/Certificate of Interbank
Mudharabah Investment (SIMA) 550,000) -) -) 550,000)
Reksa dana syariah/Sharia mutual funds 250,000) -) -) 250,000)
Sukuk korporasi/Corporate sukuk 28,000) -) 170) 28,170)
8,284,276) -) 1,721) 8,285,997)
16,041,217) 4,959) 33,393) 16,079,569)
Mata uang asing/Foreign currency
Diukur pada nilai wajar melalui laba rugi/
Measured at fair value through profit or
loss
Obligasi pemerintah/Government bonds 8,345) 104) -) 8,449)
Diukur pada biaya perolehan diamortisasi/
Measured at amortized cost
Wesel ekspor/Export bills 957,722) -) (7,239) 950,483)
966,067) 104) (7,239) 958,932)
Jumlah/Total 17,038,501)
Pendapatan bunga/marjin yang masih
akan diterima/Accrued interest/margin
income 225,855)
Cadangan kerugian penurunan
nilai/Allowance for impairment losses (799)
Jumlah/Total 17,263,557)
100
Page 511
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
a. Berdasarkan jenis mata uang dan penerbit a. By currency and issuer (continued)
(lanjutan)
Perubahan atas keuntungan yang belum The movement of unrealized gains from changes
direalisasi dari perubahan nilai wajar atas efek- in fair value of securities measured at fair value
efek yang diukur pada nilai wajar melalui through other comprehensive income during the
penghasilan komprehensif lain selama tahun- years ended 31 December 2024 and 2023 were
tahun yang berakhir pada tanggal as follows:
31 Desember 2024 dan 2023 adalah sebagai
berikut:
31 Desember/December
2024 2023
Saldo awal, sebelum pajak Beginning balance,
penghasilan 3,778) (9,855) before income tax
Keuntungan yang belum direalisasi Unrealized gains during
selama tahun berjalan - bersih 12,563) 13,633) the year - net
Jumlah sebelum pajak penghasilan 16,341) 3,778) Total before income tax
Efek pajak penghasilan (Catatan 15f) (3,595) (830) Income tax effect (Note 15f)
12,746) 2,948)
Kepentingan non-pengendali (100) (42) Non-controlling interest
Saldo akhir, bersih 12,646) 2,906) Ending balance, net
b. Berdasarkan akad syariah b. By sharia contract
Termasuk di dalam efek-efek adalah efek-efek Included in securities are securities under sharia
dengan akad syariah: contracts:
31 Desember/December
2024 2023
Ijarah 4,963,158 3,907,184) Ijarah
Musyarakah muntahiyah bittamlik 2,413,521 3,550,643) Musyarakah muntahiyah bittamlik
Mudharabah 817,032 578,169) Mudharabah
Wakalah 655,430 455,184) Wakalah
8,849,141 8,491,180)
Pendapatan yang masih akan diterima 147,387 75,512) Accrued income
8,996,528 8,566,692)
c. Berdasarkan hubungan dengan pihak lawan c. By relationship with counterparties
31 Desember/December
2024 2023
Pihak ketiga 27,981,308) 17,038,501) Third parties
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 193,642) 225,855) income
Cadangan kerugian penurunan nilai (593) (799) Allowance for impairment losses
28,174,357) 17,263,557)
101
Page 512
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
d. Berdasarkan jangka waktu d. By time period
31 Desember/December
2024 2023
Sampai dengan 1 bulan 874,123) 2,550,000 Up to 1 month
Lebih dari 1 - 3 bulan 741,067) 293,770 More than 1 - 3 months
Lebih dari 3 - 6 bulan 719,950) 1,400,295 More than 3 - 6 months
Lebih dari 6 - 9 bulan 1,105,852) 532,591 More than 6 - 9 months
Lebih dari 9 - 12 bulan 783,774) 474,881 More than 9 - 12 months
Lebih dari 12 bulan 23,756,542) 11,786,964 More than 12 months
27,981,308) 17,038,501
Pendapatan bunga/marjin yang Accrued interest/margin
masih akan diterima 193,642) 225,855 income
Cadangan kerugian penurunan nilai (593) (799) Allowance for impairment losses
28,174,357) 17,263,557
e. Berdasarkan sisa periode sampai dengan e. By remaining period of maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date are disclosed in Note 45.
Catatan 45.
f. Tingkat suku bunga/marjin rata-rata per f. Average interest rate/margin per annum
tahun
31 Desember/December
2024 2023
Obligasi pemerintah 6.63% 5.34% Government bonds
Obligasi korporasi 6.45% - Corporate bonds
Surat Berharga Syariah Negara 5.98% 5.53% Sovereign Sharia Securities
Sertifikat Investasi Mudharabah Certificate of Interbank Mudharabah
Antarbank (SIMA) 6.32% 6.07% Investment (SIMA)
Reksa dana syariah 5.87% 5.44% Sharia mutual funds
Sukuk korporasi 7.23% 7.22% Corporate sukuk
Sukuk Bank Indonesia 6.54% 6.05% Bank Indonesia sukuk
g. Berdasarkan peringkat g. By rating
Peringkat penerbit obligasi dan sukuk korporasi Rating of issuers of corporate bonds and sukuk
adalah sebagai berikut: was as follows:
31 Desember/December 2024
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
Obligasi korporasi/Corporate bonds
PT Sarana Multigriya Finansial (Persero) Pefindo idAAA 99,913
Sukuk korporasi/Corporate sukuk
PT Bank Syariah Indonesia Tbk Pefindo id AAA 247,032
PT BPD Kalimantan Selatan
Unit Usaha Syariah Fitch A idn 10,000
31 Desember/December 2023
Pemeringkat/ Peringkat/ Nilai tercatat/
Agencies Rating Carrying amount
Sukuk korporasi/Corporate sukuk
PT Bank CIMB Niaga Tbk
Unit Usaha Syariah Pefindo id AAA 18,169
PT BPD Kalimantan Selatan
Unit Usaha Syariah Fitch A idn 10,000
Pada 31 Desember 2024 dan 2023, peringkat As of 31 December 2024 and 2023, the rating of
atas seluruh efek yang diterbitkan oleh all securities issued by Republic of Indonesia
pemerintah Republik Indonesia adalah BBB was BBB based on Fitch Ratings Indonesia
berdasarkan pemeringkat Fitch Ratings agency.
Indonesia.
102
Page 513
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
8. EFEK-EFEK (lanjutan) 8. SECURITIES (continued)
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian yang dibentuk cukup untuk menutup losses was adequate to cover impairment losses
kemungkinan kerugian akibat penurunan nilai for securities as of 31 December 2024 and 2023.
atas efek-efek pada tanggal 31 Desember 2024
dan 2023.
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai efek-efek adalah sebagai losses for securities was as follows:
berikut:
31 Desember/December
2024 2023
Saldo awal (799) (999) Beginning balance
Pemulihan selama tahun berjalan Reversal during
(Catatan 38) 186) 365) the year (Note 38)
Lainnya 20) (165) Others
Saldo akhir (593) (799) Ending balance
i. Informasi penting lainnya sehubungan i. Other significant information relating to
dengan efek-efek securities
Selama tahun-tahun berakhir pada tanggal During the years ended 31 December 2024 and
31 Desember 2024 dan 2023, Bank tidak 2023, the Bank did not sell securities measured at
melakukan penjualan atas efek-efek yang diukur fair value through other comprehensive income,
pada nilai wajar melalui penghasilan komprehensif so there were no gains or losses transferred from
lain, sehingga tidak ada pemindahan keuntungan equity to profit or loss.
atau kerugian dari ekuitas ke laba rugi.
Pada tanggal 31 Desember 2024 dan 2023, jumlah As of 31 December 2024 and 2023, total securities
efek-efek yang digolongkan sebagai setara kas that were classified as cash equivalents amounted
adalah masing-masing sebesar Rp 1.615.190 dan to Rp 1,615,190 and Rp 2,843,668, respectively.
Rp 2.843.668.
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER RESALE
DIJUAL KEMBALI (REVERSE REPO) AGREEMENTS (REVERSE REPO)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
(reverse repo) adalah dalam mata uang Rupiah dan (reverse repo) were denominated in Rupiah and were
ditempatkan pada Bank Indonesia. placed at Bank Indonesia.
a. Berdasarkan jenis a. By type
31 Desember/December 2024
Pendapatan yang
akan diterima Harga
Tanggal jatuh Nilai pokok/ reverse repo/ Nilai tercatat/ penjualan
Tanggal mulai/ tempo/ Principal Accrued income Carrying kembali/
Starting date1) Maturity date2) amount from reverse repo amount3) Reselling price
Rupiah
23 Desember/ 6 Januari/
Obligasi/Bonds FR056 December 2024 January 2025 19,916 32 19,948 19,966
19 Desember/ 2 Januari/
Obligasi/Bonds FR078 December 2024 January 2025 10,061 23 10,084 10,087
20 Desember/ 3 Januari/
Obligasi/Bonds FR078 December 2024 January 2025 5,028 11 5,039 5,041
24 Desember/ 7 Januari/
Obligasi/Bonds FR078 December 2024 January 2025 10,058 14 10,072 10,083
30 Desember/ 13 Januari/
Obligasi/Bonds FR078 December 2024 January 2025 5,035 2 5,037 5,048
27 Desember/ 10 Januari/
Obligasi/Bonds FR081 December 2024 January 2025 19,612 18 19,630 19,661
Dipindahkan/Carry
forward 69,710 100 69,810 69,886
103
Page 514
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
9. EFEK-EFEK YANG DIBELI DENGAN JANJI 9. SECURITIES PURCHASED UNDER RESALE
DIJUAL KEMBALI (REVERSE REPO) (lanjutan) AGREEMENTS (REVERSE REPO) (continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
31 Desember/December 2024
Pendapatan yang
akan diterima Harga
Tanggal jatuh Nilai pokok/ reverse repo/ Nilai tercatat/ penjualan
Tanggal mulai/ tempo/ Principal Accrued income Carrying kembali/
Starting date1) Maturity date2) amount from reverse repo amount3) Reselling price
Rupiah
Pindahan/
Carry forward 69,710 100 69,810 69,886
18 Desember/ 2 Januari/
Obligasi/Bonds FR084 December 2024 January 2025 9,795 25 9,820 9,822
23 Desember/ 6 Januari/
Obligasi/Bonds FR086 December 2024 January 2025 94,206 152 94,358 94,442
24 Desember/ 7 Januari/
Obligasi/Bonds FR090 December 2024 January 2025 184,227 265 184,492 184,688
27 Desember/ 10 Januari/
Obligasi/Bonds FR090 December 2024 January 2025 46,073 41 46,114 46,188
31 Desember/ 14 Januari/
Obligasi/Bonds FR090 December 2024 January 2025 46,124 8 46,132 46,240
31 Desember/ 14 Januari/
Obligasi/Bonds FR091 December 2024 January 2025 18,053 3 18,056 18,098
Jumlah/Total 468,188 594 468,782 469,364
1) 1)
Tanggal dimulai merupakan tanggal yang sama dengan tanggal Start date is the same as the securities purchase date.
pembelian efek.
2) 2)
Tanggal jatuh tempo merupakan tanggal yang sama dengan Maturity date is the same as the securites resale date.
tanggal penjualan kembali efek.
3) 3)
Nilai tercatat merupakan harga pembelian efek ditambah dengan Carrying amount is securities purchase price added with interest
pendapatan bunga yang sudah diakui. income recognised.
Pada tanggal 31 Desember 2023, tidak ada efek- As of 31 December 2023, there was no securities
efek yang dibeli dengan janji dijual kembali. purchased under resale agreements.
b. Berdasarkan periode jatuh tempo b. By maturity period
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
akan diselesaikan dalam waktu tidak lebih dari will be settled no more than 12 months after the
12 bulan setelah tanggal laporan posisi date of the consolidated financial positions.
keuangan konsolidasian.
c. Tingkat suku bunga rata-rata per tahun c. Average interest rate per annum
Tingkat suku bunga rata-rata per tahun atas efek- The average interest rate per annum of securities
efek yang dibeli dengan janji dijual kembali purchased under resale agreements (reverse
(reverse repo) untuk tahun yang berakhir pada repo) for the years ended 31 December 2024 is
31 Desember 2024 berkisar di antara 6,45% – between 6.45%-6.50%.
6,50%.
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Kolektabilitas efek-efek yang dibeli dengan janji The collectability of all securities purchased
dijual kembali (reverse repo) berdasarkan under resale agreements (reverse repo) based
ketentuan BI yang berlaku diungkapkan pada on the prevailing BI regulation was disclosed in
Catatan 52. Note 52.
Pada tanggal 31 Desember 2024 tidak terdapat As at 31 December 2024 there were no
efek-efek yang dibeli dengan janji dijual kembali impairment of securities purchased under resale
yang mengalami penurunan nilai. agreements.
Manajemen berpendapat bahwa tidak diperlukan Management believes that no allowance for
adanya cadangan penurunan nilai pada efek- impairment losses is necessary on securities
efek yang dibeli dengan janji dijual kembali. purchased under resale agreements.
104
Page 515
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF 10. DERIVATIVE RECEIVABLES AND PAYABLES
a. Berdasarkan jenis dan hubungan dengan a. By type and relationship with counterparties
pihak lawan
31 Desember/December 2024
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 2,272,478 1,974 2,519 - 5,379
Kontrak berjangka mata
uang asing/Foreign
currency forward 5,870,994 4,025 35,510 1,948 42,922
Swap mata uang asing/
Foreign currency
swap 33,979,771 - 221,191 9,195 191,422
Cross currency swap 42,908,763 - 1,113,660 10,112 950,405
Swap suku
bunga/Interest rate
swap 8,248,512 369,246 - 18 347,440
93,280,518 375,245 1,372,880 21,273 1,537,568
31 Desember/December 2023
Nilai wajar/Fair value
Tagihan derivatif/ Liabilitas derivatif/
Nilai kontrak/nosional/ Derivative receivables Derivative payables
Contract/notional Pihak berelasi/ Pihak ketiga/ Pihak berelasi/ Pihak ketiga/
Instrumen/Instruments amount Related parties Third parties Related parties Third parties
Kontrak tunai mata
uang asing/Foreign
currency spot 2,249,277) 94) 1,574) 78) 3,157)
Kontrak berjangka
mata uang
asing/Foreign
currency forward 2,941,835) 17,783) 24,926) 169) 5,892)
Swap mata uang asing/
Foreign currency
swap 23,756,959) 6,691) 100,966) 28,361) 137,311)
Cross currency swap 29,796,948) 54,603) 509,458) 28,677) 464,447)
Swap suku
bunga/Interest rate
swap 9,741,599) 417,054) -) -) 404,012)
68,486,618) 496,225) 636,924) 57,285) 1,014,819)
Bank menyediakan produk derivatif untuk The Bank provides derivative products to its
nasabahnya seperti kontrak pembelian atau customers such as forward exchange contracts,
penjualan berjangka mata uang asing, perjanjian cross-currency swap agreements and interest rate
swap mata uang asing dan perjanjian swap/cap swap/cap agreements to enable its customers to
tingkat suku bunga yang memungkinkan transfer, modify or reduce their foreign exchange
nasabahnya untuk memindahkan, memodifikasi and/or interest rate risks. As part of its risk
atau mengurangi risiko atas kurs nilai tukar management policy, the Bank covers most of these
dan/atau risiko tingkat suku bunga. Sebagai bagian derivative contracts with customers with back-to-
dari kebijakan manajemen risiko, Bank melindungi back derivative contracts with the same notional
sebagian besar transaksi derivatif dengan amount and maturity with its foreign affiliates and
nasabahnya dengan membuat transaksi derivatif other banks. Also, the Bank uses derivative
timbal balik dengan jumlah dan waktu jatuh tempo instruments as an end-user in connection with its
yang sama dengan perusahaan afiliasi di luar risk management activities. Derivatives are used by
negeri dan bank lain. Bank juga menggunakan the Bank mainly to manage foreign exchange risk
instrumen derivatif sebagai sarana sehubungan on its foreign currency denominated assets and
dengan kegiatan manajemen risiko. Derivatif liabilities and to manage interest rate risk relating to
digunakan oleh Bank terutama untuk mengatasi specific groups of assets and liabilities in the
risiko kurs nilai tukar atas aset dan liabilitas dalam consolidated statement of financial position.
mata uang asing, dan untuk mengatasi risiko
tingkat suku bunga yang berhubungan dengan
aset dan liabilitas tertentu di dalam laporan posisi
keuangan konsolidasian.
105
Page 516
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND PAYABLES
(continued)
b. Berdasarkan kolektibilitas b. By collectibility
Informasi mengenai kolektabilitas tagihan Information regarding collectability of derivative
derivatif sesuai peraturan OJK diungkapkan receivables in accordance with OJK regulations
pada Catatan 52. was disclosed in Note 52.
c. Berdasarkan sisa periode sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
Tagihan akseptasi Acceptance receivables
Semua tagihan akseptasi adalah transaksi dengan All acceptance receivables transactions were with
pihak ketiga. third parties.
a. Berdasarkan mata uang a. By currency
31 Desember/December
2024 2023
Rupiah 1,971,799) 1,783,724) Rupiah
Mata uang asing 1,362,820) 1,506,033) Foreign currencies
3,334,619) 3,289,757)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (17,078) (8,637) losses
3,317,541) 3,281,120)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2024 2023
Rupiah Rupiah
Hingga 1 bulan -) 1,707) Up to 1 month
Lebih dari 1 - 3 bulan 46,279) 27,150) More than 1 - 3 months
Lebih dari 3 - 6 bulan 442,170) 1,754,867) More than 3 - 6 months
Lebih dari 6 bulan 1,483,350) -) More than 6 months
1,971,799) 1,783,724)
Mata uang asing Foreign currencies
Hingga 1 bulan 426) -) Up to 1 month
Lebih dari 1 - 3 bulan 292,289) 82,388) More than 1 - 3 months
Lebih dari 3 - 6 bulan 819,902) 685,208) More than 3 - 6 months
Lebih dari 6 bulan 250,203) 738,437) More than 6 months
1,362,820) 1,506,033)
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (17,078) (8,637) losses
3,317,541) 3,281,120)
106
Page 517
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
(lanjutan) (continued)
c. Berdasarkan kolektabilitas c. By collectability
Informasi mengenai kolektabilitas tagihan Information regarding collectability of acceptance
akseptasi sesuai peraturan OJK diungkapkan receivables in accordance with OJK regulations
pada Catatan 52. was disclosed in Note 52.
d. Cadangan kerugian penurunan nilai d. Allowance for impairment losses
Perubahan dalam cadangan kerugian The movement of the allowance for impairment
penurunan nilai tagihan akseptasi adalah losses for acceptance receivables was as
sebagai berikut: follows:
31 Desember/December
2024 2023
Saldo awal (8,637) (4,495) Beginning balance
Penyisihan selama tahun berjalan Provision during
(Catatan 38) (7,252) (4,217) the year (Note 38)
Lainnya (1,189) 75) Others
Saldo akhir (17,078) (8,637) Ending balance
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
yang dibentuk cukup untuk menutup losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on acceptance receivables as of
tagihan akseptasi pada tanggal 31 December 2024 and 2023.
31 Desember 2024 dan 2023.
Liabilitas akseptasi Acceptance payables
a. Berdasarkan hubungan dengan pihak lawan a. By relationship with counterparties and
dan mata uang currency
31 Desember/December
2024 2023
Rupiah Rupiah
- Pihak ketiga 1,917,316 1,783,724) Third parties -
Mata uang asing Foreign currencies
- Pihak ketiga 1,081,507 376,526) Third parties -
- Pihak berelasi 163,558 163,383) Related parties -
1,245,065 539,909)
3,162,381 2,323,633)
107
Page 518
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
(lanjutan) (continued)
Liabilitas akseptasi (lanjutan) Acceptance payables (continued)
b. Berdasarkan jangka waktu b. By time period
31 Desember/December
2024 2023
Rupiah Rupiah
Hingga 1 bulan - 1,707) Up to 1 month
Lebih dari 1 - 3 bulan 5,793 27,150) More than 1 - 3 months
Lebih dari 3 - 6 bulan 428,171 1,754,867) More than 3 - 6 months
Lebih dari 6 bulan 1,483,352 -) More than 6 months
1,917,316 1,783,724)
Mata uang asing Foreign currencies
Hingga 1 bulan 426 -) Up to 1 month
Lebih dari 1 - 3 bulan 292,289 82,388) More than 1 - 3 months
Lebih dari 3 - 6 bulan 702,147 271,587) More than 3 - 6 months
Lebih dari 6 bulan 250,203 185,934) More than 6 months
1,245,065 539,909)
3,162,381 2,323,633)
c. Berdasarkan sisa periode sampai dengan c. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/ PIUTANG SYARIAH RECEIVABLES
31 Desember/December
2024 2023
Pinjaman yang diberikan: Loans:
Pihak ketiga Third parties
- Rupiah 97,506,134) 98,345,547 Rupiah -
- Dolar Amerika Serikat 41,247,844) 42,369,192 United States Dollar -
- Yen Jepang 454,642) 606,229 Japanese Yen -
- Dolar Australia 134,080) - Australian Dollar -
- Euro Eropa 19,761) 79,104 European Euro -
Pihak berelasi Related parties
- Dolar Amerika Serikat 288,732) 3,694,321 United States Dollar -
- Rupiah 149,043) 79,043 Rupiah -
Pembiayaan/piutang syariah: Sharia financing/receivables:
Pihak ketiga Third parties
- Rupiah 10,171,759) 11,387,861 Rupiah -
Pendapatan bunga/marjin yang masih
akan diterima Accrued interest/margin income
- Rupiah 576,130) 775,589 Rupiah -
- Dolar Amerika Serikat 184,517) 320,372 United States Dollar -
- Dolar Australia 1,455) - Australian Dollar -
- Yen Jepang 230) 680 Japanese Yen -
- Euro Eropa 3) 1,155 European Euro -
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (3,922,680) (4,618,047) losses
146,811,650) 153,041,046
108
Page 519
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
a. Berdasarkan jenis dan mata uang a. Based on type and currency
31 Desember/December
2024 2023
Rupiah Rupiah
Korporasi 49,143,810) 56,105,566) Corporates
Pensiunan 21,552,769) 22,217,122) Pensioners
Usaha Kecil Menengah 15,574,369) 14,712,035) Small Medium Enterprises
Pembiayaan/piutang syariah 10,171,759) 11,387,861) Sharia financing/Receivables
Kredit kendaraan bermotor 4,366,360) 371,025) Motor vehicle loans
Umum 3,752,947) 2,824,502) General purpose
Usaha Mikro Kecil 1,686,432) 1,144,823) Micro business
Keperluan rumah tangga 1,087,323) 746,914) Household goods
Pegawai instansi lain 380,789) 185,890) Other institutions’ Employees
Karyawan 110,378) 116,713) Employee loans
107,826,936) 109,812,451)
Mata uang asing Foreign Currencies
Korporasi 42,145,059) 46,748,846) Corporates
149,971,995) 156,561,297)
Pendapatan bunga/ marjin yang
masih akan diterima 762,335) 1,097,796) Accrued interest/ margin income
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3,922,680) (4,618,047) impairment losses
146,811,650) 153,041,046)
Pembiayaan/piutang syariah terdiri atas Sharia financing/receivables consists of
piutang murabahah, pembiayaan musyarakah, murabahah receivables, musyarakah financing,
dan pinjaman qardh masing-masing sebesar and funds of qardh amounted to
Rp 9.641.128, Rp 530.567, dan Rp 64 pada Rp 9,641,128, Rp 530,567, and Rp 64,
tanggal 31 Desember 2024 dan masing-masing respectively, as of 31 December 2024 and
sebesar Rp 11.367.662, Rp 19.669, dan Rp 11,367,662, Rp 19,669, and Rp 530,
Rp 530 pada tanggal 31 Desember 2023. respectively, as of 31 December 2023.
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
Mikro, Kecil dan Menengah (“UMKM”) terhadap Medium Enterprises (“UMKM”) to total loans as
jumlah pinjaman yang diberikan pada tanggal of 31 December 2024 and 2023 was disclosed
31 Desember 2024 dan 2023 diungkapkan in Note 52.
pada Catatan 52.
Informasi mengenai kolektabilias pinjaman Information regarding collectability of loans and
yang diberikan dan pembiayaan/ piutang sharia financing/receivables in accordance with
syariah sesuai dengan peraturan OJK OJK regulation was disclosed in Note 52.
diungkapkan pada Catatan 52.
109
Page 520
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
b. Berdasarkan sektor ekonomi b. By economic sector
31 Desember/December
2024 2023
Rupiah Rupiah
Rumah tangga 29,136,625) 25,789,504) Household
Perdagangan 21,277,866) 24,087,831) Trading
Perindustrian 20,659,092) 23,286,387) Manufacturing
Jasa lainnya 17,882,767) 17,006,636) Other services
Transportasi & komunikasi 8,635,866) 7,465,186) Transportation & communication
Konstruksi 5,136,862) 5,524,093) Construction
Pertanian 3,811,880) 4,670,463) Agriculture
Jasa akomodasi 189,672) 184,386) Accomodation services
Pertambangan 137,846) 930,988) Mining
Lainnya 958,460) 866,977) Others
107,826,936) 109,812,451)
United States
Dolar Amerika Serikat Dollar
Jasa lainnya 13,323,689) 16,495,515) Other services
Perindustrian 9,543,955) 10,162,115) Manufacturing
Transportasi & komunikasi 6,951,779) 5,460,203) Transportation & communication
Pertambangan 2,266,507) 5,097,663) Mining
Pertanian 2,182,511) 1,404,117) Agriculture
Perdagangan 1,847,419) 2,456,267) Trading
Konstruksi 254,427) 320,628) Construction
Lainnya 5,166,289) 4,667,005) Others
41,536,576) 46,063,513)
Yen Jepang Japanese Yen
Perindustrian 333,205) 5,444) Manufacturing
Perdagangan 38,018) 363,365) Trading
Jasa lainnya -) 2,589) Other services
Lainnya 83,419) 234,831) Others
454,642) 606,229)
Dolar Australia Australian Dollar
Perdagangan 134,080) -) Trading
Euro Eropa European Euro
Perdagangan 19,761) 79,104) Trading
149,971,995) 156,561,297)
Pendapatan bunga/marjin yang
masih akan diterima 762,335) 1,097,796) Accrued interest/ margin income
Dikurangi: Cadangan kerugian Less: Allowance for
penurunan nilai (3,922,680) (4,618,047) impairment losses
146,811,650) 153,041,046)
110
Page 521
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
c. Berdasarkan jangka waktu c. By time period
31 Desember/December
2024 2023
Hingga 1 tahun 63,458,562) 67,842,273) Up to 1 year
Lebih dari 1 - 2 tahun 8,952,282) 15,290,577) More than 1 - 2 years
Lebih dari 2 - 3 tahun 9,610,984) 12,145,179) More than 2 - 3 years
Lebih dari 3 - 4 tahun 9,816,427) 8,986,657) More than 3 - 4 years
Lebih dari 4 - 5 tahun 21,610,598) 17,732,394) More than 4 - 5 years
Lebih dari 5 tahun 36,523,142) 34,564,217) More than 5 years
149,971,995) 156,561,297)
Pendapatan bunga/marjin yang
masih akan diterima 762,335) 1,097,796) Accrued interest/margin income
Dikurangi: Cadangan kerugian Less: Allowance for impairment
penurunan nilai (3,922,680) (4,618,047) losses
146,811,650) 153,041,046)
d. Berdasarkan sisa periode sampai dengan d. By remaining period to maturity date
tanggal jatuh tempo
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
e. Berdasarkan hubungan dengan pihak e. By relationship with counterparties/debtors
lawan/debitur
31 Desember/December
2024 2023
Pihak ketiga 149,534,220) 152,787,933) Third parties
Pihak berelasi 437,775) 3,773,364) Related parties
149,971,995) 156,561,297)
Pendapatan bunga/marjin yang
masih akan diterima 762,335) 1,097,796) Accrued interest/margin income
Cadangan kerugian penurunan
nilai (3,922,680) (4,618,047) Allowance for impairment losses
146,811,650) 153,041,046)
f. Tingkat suku bunga/marjin rata-rata per f. Average interest/margin rate per annum
tahun
31 Desember/December
2024 2023
Tingkat suku bunga rata-rata per
tahun: Average interest rate per annum:
Rupiah 9.82% 9.43% Rupiah
Mata uang asing 6.26% 6.13% Foreign currencies
31 Desember/December
2024 2023
Tingkat marjin rata-rata per
tahun: Average margin rate per annum:
Piutang murabahah 25%-30% 25%-30% Murabahah receivables
Tingkat imbal hasil per tahun: Rate of return per annum:
Pembiayaan musyarakah 6.20%-11.00% 8.75%-11.00% Musyarakah financing
111
Page 522
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai The movement of the allowance for impairment
pinjaman yang diberikan dan pembiayaan/ losses for loans and sharia financing/receivables
piutang syariah adalah sebagai berikut: was as follows:
31 Desember/December
2024 2023
Saldo awal (4,618,047) (3,579,119) Beginning balance
Penyisihan selama tahun berjalan Provision during the year
(Catatan 38) (2,450,103) (3,029,571) (Note 38)
Penerimaan kembali pinjaman
yang telah dihapusbukukan (58,150) (88,291) Recoveries from loans written-off
Penghapusbukuan 2,413,271) 2,066,044) Write-off
Kerugian modifikasi 774,532) -) Modification loss
Lain-lain 15,817) 12,890) Others
Saldo akhir (3,922,680) (4,618,047) Ending balance
Perubahan cadangan kerugian penurunan nilai The movement of the Bank’s allowance for
pinjaman yang diberikan Bank berdasarkan impairment losses for loans based on Stages
Tahap (Stage) adalah sebagai berikut: was as follows:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (631,482) (168,947) (2,603,702) (3,404,131) Beginning balance
Transfer (ke)/dari Tahap 1 (151,223) 122,358) 28,865) -) Transfer (to)/from Stage 1
Transfer (ke)/dari Tahap 2 449,084) (531,386) 82,302) -) Transfer (to)/from Stage 2
Transfer (ke)/dari Tahap 3 9,090) 631,056) (640,146) -) Transfer (to)/from Stage 3
Perubahan bersih pada Net change in
eksposur exposures
dan pengukuran kembali 85,271) (381,659) (536,039) (832,427) and remeasurements
Pinjaman yang baru diperoleh (684,251) (50,275) (448,895) (1,183,421) New originated loans
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (33,171) (33,171) loans written-off
Penghapusbukuan selama Write-off during
tahun berjalan -) -) 738,884) 738,884) the year
Pinjaman yang Loans which
telah dilunasi 240,735) 99,521) 622,425) 962,681) have been repaid
Changes in model
Perubahan parameter model 15,795) (1,885) (51,080) (37,170) parameter
Kredit modifikasian 774,532) 774,532) Modification loan
Lain-lain -) -) 15,817) 15,817) Others
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit losses
Bank (666,981) (281,217) (2,050,208) (2,998,406) Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (924,274) financing/receivables
Saldo akhir (3,922,680) Ending balance
112
Page 523
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Perubahan cadangan kerugian penurunan nilai The movement of the Bank’s allowance for
pinjaman yang diberikan Bank berdasarkan impairment losses for loans based on Stages
Tahap (Stage) adalah sebagai berikut: was as follows: (continued)
(lanjutan)
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal (698,596) (272,613) (1,838,985) (2,810,194) Beginning balance
Transfer (ke)/dari Tahap 1 (113,376) 91,804) 21,572) -) Transfer (to)/from Stage 1
Transfer (ke)/dari Tahap 2 227,654) (281,368) 53,714) -) Transfer (to)/from Stage 2
Transfer (ke)/dari Tahap 3 1,336) 559,675) (561,011) -) Transfer (to)/from Stage 3
Perubahan bersih pada Net change in
eksposur exposures
dan pengukuran kembali 379,086) (334,157) (800,109) (755,180) and remeasurements
Pinjaman yang baru diperoleh (889,467) (201,976) (329,629) (1,421,072) New originated loans
Penerimaan kembali
pinjaman yang telah Recoveries from
dihapusbukukan -) -) (40,007) (40,007) loans written-off
Penghapusbukuan selama Write-off during
tahun berjalan -) -) 564,634) 564,634) the year
Pinjaman yang Loans which
telah dilunasi 251,294) 256,083) 291,299) 798,676) have been repaid
Changes in model
Perubahan parameter model 210,587) 13,605) 21,930) 246,122) parameter
Lain-lain -) -) 12,890) 12,890) Others
Saldo akhir - kerugian Ending balance –
kredit ekspektasian expected credit losses
Bank (631,482) (168,947) (2,603,702) (3,404,131) Bank
Cadangan kerugian Allowance for
penurunan nilai – impairment
pembiayaan/piutang losses – sharia
syariah (1,213,916) financing/receivables
Saldo akhir (4,618,047) Ending balance
Pergerakan cadangan kerugian penurunan nilai Movement in the Bank’s allowance for
(CKPN) Bank dari Rp 3.404.131 posisi impairment losses (CKPN) from Rp 3,404,131
31 Desember 2023 menjadi Rp 2.998.406 posisi as of 31 December 2023 to Rp 2,998,406 as of
31 Desember 2024 adalah sebagai dampak dari 31 December 2024 was due to the impact of
beberapa kejadian berikut ini: following events:
- Penambahan CKPN yang dibentuk pada - Additional of CKPN booked for corporate
segmen korporasi sebesar Rp 83.515. segment amounted to Rp 83,515.
- Penambahan CKPN yang dibentuk pada - Additional of CKPN booked for non-corporate
segmen non-korporasi sebesar Rp 248.122. segment amounted to Rp 248,122.
- Terdapat Modifikasi pinjaman (sesuai ikhtisar - There are loan modifications (according to
kebijakan akuntansi pada catatan 2.p) the summary of accounting policies in the
sebesar Rp 774.532 yang menyebabkan Notes 2.p) amounted Rp 774,532 which
penurunan nilai CKPN dibandingkan tahun caused decrement in value of CKPN
sebelumnya. compared to the previous year.
- Review tahunan model CKPN telah dilakukan - Annual model assessment was conducted
yang menyebabkan penambahan CKPN which resulted in an additional CKPN of Rp
sebesar Rp 37.170. 37,170.
113
Page 524
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) RECEIVABLES (continued)
g. Cadangan kerugian penurunan nilai g. Allowance for impairment losses (continued)
(lanjutan)
Manajemen berpendapat bahwa cadangan Management believes that the allowance
yang dibentuk cukup untuk menutup for losses was adequate to cover impairment
kemungkinan kerugian akibat penurunan nilai losses on loans and sharia financing/
pinjaman yang diberikan dan receivables as of 31 December 2024 and 2023.
pembiayaan/piutang syariah pada tanggal
31 Desember 2024 dan 2023.
h. Pembiayaan bersama h. Joint financing
Bank mengadakan perjanjian pembiayaan The bank has entered into joint financing
bersama, antara lain dengan agreements, among others with
PT KB Finansia Multi Finance (FMF), PT PT KB Finansia Multi Finance (FMF),PT Home
Home Credit Indonesia (HCI) dan Credit Indonesia (HCI), and
PT Mandiri Utama Finance (MUF) PT Mandiri Utama Finance (MUF) (Note 44).
(Catatan 44).
i. Batas Maksimum Pemberian Kredit i. Legal Lending Limit (“LLL”)
(“BMPK”)
Batas Maksimum Pemberian Kredit (BMPK) Legal Lending Limit (LLL) in compliance with
sesuai dengan peraturan yang telah OJK’s regulation was disclosed in Note 52.
ditetapkan OJK diungkapkan pada Catatan
52.
j. Pinjaman yang diberikan dan pembiayaan/ j. Non-performing loans and sharia
piutang syariah bermasalah financing/receivables
Pinjaman yang diberikan dan pembiayaan/ Non-performing loans and sharia
piutang syariah bermasalah sesuai dengan financing/receivables in compliance with OJK’s
peraturan yang telah ditetapkan OJK regulation was disclosed in Note 52.
diungkapkan pada Catatan 52.
Pinjaman yang diberikan pada umumnya Loans are generally collateralised by registered
dijamin dengan agunan yang diikat dengan mortgages, mortgages or powers of attorney to
hipotik, hak tanggungan atau surat kuasa untuk sell and other guarantees.
menjual dan jaminan lainnya.
Pada tanggal 31 Desember 2024, pinjaman As of 31 December 2024, loans secured
yang diberikan yang dijamin dengan jaminan by cash collateral were Rp 28,236,255
uang tunai adalah Rp 28.236.255 (31 December 2023: Rp 28,587,601).
(31 Desember 2023: Rp 28.587.601).
114
Page 525
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
k. Kredit penerusan k. Channeling loans
Bank juga menyalurkan fasilitas kredit yang The Bank also provides loan facilities funded by
dananya bersumber dari Pemerintah Indonesia the Government of Indonesia or Bank Indonesia
atau Bank Indonesia melalui kredit penerusan through channeling loans in the form of Kredit
(channeling loan) dalam bentuk Kredit Usaha Usaha Tani (KUT) and Kredit Pengusaha Kecil
Tani (KUT) dan Kredit Pengusaha Kecil
Menengah (KPKM). Menengah (KPKM).
Saldo dari kredit penerusan tidak diakui pada These chanelling loans are not recognized in the
laporan keuangan konsolidasian. Rincian saldo consolidated financial statements.
kredit penerusan adalah sebagai berikut: The balances were as follows:
31 Desember/December
2024 2023
Kredit Penerusan KUT 24,687) 24,687) KUT Channeling Loans
Kredit Penerusan KPKM 16,061) 16,061) KPKM Channeling Loans
40,748) 40,748)
l. Kredit sindikasi l. Syndicated loans
Kredit sindikasi merupakan kredit yang Syndicated loans represent loans provided to
diberikan kepada nasabah berdasarkan customers under syndication agreements with
perjanjian pembiayaan bersama (sindikasi) other banks and are generally used to support
dengan bank-bank lain dan umumnya the working capital needs and investment. In
digunakan untuk memenuhi kebutuhan modal
kerja dan investasi. Dalam kredit sindikasi, syndicated loans, the Bank may act as a
Bank dapat bertindak sebagai anggota member and/or arranger and/or Facility Agent
dan/atau arranger dan/atau Agen Fasilitas and/or Security Agent. Syndication is done with
dan/atau Agen Jaminan. Sindikasi dilakukan several banks in Indonesia and/or offshore.
dengan bank-bank di Indonesia dan/atau luar
negeri.
Keikutsertaan Bank sebagai anggota dan/atau Total participation of the Bank in syndicated
arranger dalam kredit sindikasi diungkapkan loans, in which the Bank acted as a member
pada Catatan 52. and/or arranger was disclosed in Note 52.
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
PT Asuransi Allianz Life Indonesia PT Asuransi Allianz Life Indonesia
Pada tanggal 26 November 2008, Bank On 26 November 2008, the Bank entered into an
melakukan perjanjian (“PKS”) dengan agreement (“PKS”) with PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia (“Allianz”), Indonesia (“Allianz”), a third party, to cover the
pihak ketiga, untuk melindungi Bank dari risiko Bank from the risk of uncollectible pension and
kerugian tidak tertagihnya kredit pensiunan dan
mikro dengan asuransi jiwa. Perjanjian micro loans with life insurance. The insurance
Kerjasama ini mencakup 3 bagian (asuransi agreement consists of 3 sections (insurance for
untuk debitur Kredit Pensiun sebelum tanggal pension loan debtors before
1 Desember 2008, asuransi untuk debitur 1 December 2008, insurance for pension loan
Kredit Pensiun sejak tanggal 1 Desember 2008, debtors since 1 December 2008 onwards, and
dan asuransi untuk debitur kredit mikro) dan insurance for micro loan debtors) and is effective
berlaku hingga 5 (lima) tahun sejak tanggal for 5 (five) years since the date of the agreement,
perjanjian, dan kemudian dengan sendirinya and shall then be automatically renewed for
diperbaharui untuk jangka waktu berikutnya further successive periods of each of 5 (five)
masing-masing 5 (lima) tahun atau
sebagaimana disepakati bersama oleh para years or as mutually agreed by both parties.
pihak.
115
Page 526
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Asuransi Allianz Life Indonesia (lanjutan) PT Asuransi Allianz Life Indonesia (continued)
Pada tanggal 1 April 2013 dilakukan perubahan On 1 April 2013, the PKS has been amended in
atas PKS yang dibuat dalam bentuk PKS Induk the form of Master Agreement (Bancassurance
(Perjanjian Bancassurance untuk Kegiatan Agreement for Referral Activities) and Sub PKS
Referensi) dan PKS turunan yang dibuat untuk which were provided for each product of Pension
masing-masing produk Kredit Pensiun dan Loan and Employee Loan.
Kredit Pegawai.
Sesuai Perjanjian Kerja Sama As per Agreement No.020/RLBPM/V/2022 dated
No.020/RLBPM/V/2022 pada tanggal 20 June 2022 Bank and Allianz started new
20 Juni 2022 Bank dan Allianz mulai scheme insurance product for Pension Loan.
memberlakukan skema produk asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Juli 2022, namun starting from 1 July 2022. Existing Pension Loan
masih digunakan untuk perlindungan debitur insurance still cover the debtors existed before
yang sudah ada sebelum 1 Juli 2022. 1 July 2022.
PT Avrist Assurance PT Avrist Assurance
Pada tanggal 23 Juni 2011 Bank melakukan On 23 June 2011, the Bank entered an
perjanjian dengan PT Avrist Assurance agreement with PT Avrist Assurance (“Avrist”), a
(“Avrist”), pihak ketiga, untuk melindungi Bank third party, to cover the Bank from the risk of
dari risiko kerugian tidak tertagihnya kredit uncollectible pensioners loan. The agreement is
pensiunan. Perjanjian Kerjasama ini berlaku effective for one year and shall then be
selama satu tahun dan kemudian dengan automatically renewed for further successive
sendirinya diperbaharui untuk jangka waktu periods of each of one year or as mutually
berikutnya masing-masing satu tahun atau agreed by both parties.
sebagaimana disepakati bersama oleh kedua
belah pihak.
Pada tanggal 17 September 2015, Bank dan On 17 September 2015, Bank and Avrist agreed
Avrist sepakat untuk memperluas kerja sama to expand the agreement for Active Employee
untuk Kredit Pegawai Aktif dan kerja sama Loan and this agreement was last emphasized
tersebut ditegaskan terakhir pada on 17 September 2019.
17 September 2019.
Sesuai Perjanjian Kerja Sama As per Agreement No.017/RLBPM/III/2023 and
No.017/RLBPM/III/2023 dan No.018/RLBPM/III/2023 dated 1 February 2023
No.018/RLBPM/III/2023 pada tanggal Bank and Avrist started new scheme insurance
1 Februari 2023 Bank dan Avrist mulai product for Pension Loan..
memberlakukan skema produk Asuransi yang
baru untuk Kredit Pensiun.
Dengan mulai berlakunya produk asuransi With the implementation of this Pension Loan
Kredit Pensiun ini pemberian referensi produk insurance product, referencing existing Pension
asuransi Kredit Pensiun yang lama sudah tidak Loan insurance product will be discontinued
dilakukan lagi sejak tanggal 1 Februari 2023, starting from 1 February 2023. Existing Pension
namun masih digunakan untuk perlindungan
debitur yang sudah ada sebelum Loan insurance still cover the debtors existed
1 Februari 2023. before 1 February 2023.
116
Page 527
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
12. PINJAMAN YANG DIBERIKAN DAN 12. LOANS AND SHARIA FINANCING/ RECEIVABLES
PEMBIAYAAN/PIUTANG SYARIAH (lanjutan) (continued)
m. Perjanjian dengan perusahaan asuransi m. Agreements with insurance companies
(lanjutan) (continued)
PT Heksa Solution Insurance PT Heksa Solution Insurance
Pada tanggal 22 Juni 2023, Bank melakukan On 22 June 2023, the Bank entered an
perjanjian dengan PT Heksa Solution Insurance agreement with PT Heksa Solution Insurance
(“Heksa”) sesuai Perjanjian Kerja Sama (“Heksa”) as per agreement
No.037/RLBSA/VI/2023, pihak ketiga, untuk No.037/RLBSA/VI/2023, a non-related party, to
melindungi Bank dari risiko kerugian tidak cover the Bank from the risk
tertagihnya kredit pensiunan dan kredit of uncollectible pension loan and employee loan.
pegawai. Perjanjian Kerjasama ini berlaku The agreement is effective untill either party
sampai salah satu pihak menghendaki wishes otherwise or required by the regulation.
sebaliknya atau dikehendaki sesuai ketentuan
yang belaku.
PT Asuransi Jiwa Generali PT Asuransi Jiwa Generali
Pada tanggal 22 Juni 2011, Bank melakukan On 22 June 2011, the Bank entered into an
perjanjian dengan PT Asuransi Jiwa Generali agreement with PT Asuransi Jiwa Generali
(“Generali”), pihak ketiga, untuk melindungi (“Generali”), a third party, to cover the Bank
Bank dari risiko kerugian tidak tertagihnya from the risk of uncollectible pension loans.
kredit pensiunan. Perjanjian Kerjasama ini The agreement is effective for one year and
berlaku selama satu tahun dan kemudian shall then be automatically renewed for
dengan sendirinya diperbaharui untuk jangka further successive periods of each of one
waktu berikutnya masing-masing satu tahun year or as mutually agreed by both parties.
atau sebagaimana disepakati bersama oleh
kedua belah pihak.
Pada tanggal 9 Oktober 2015, Bank juga On 9 October 2015, the Bank also entered
melakukan perjanjian dengan PT Asuransi Jiwa into an agreement with PT Asuransi Jiwa
Generali (“Generali”), pihak ketiga, untuk Generali (“Generali”), a third party, to cover
melindungi Bank dari risiko kredit dari pinjaman the Bank from the credit risk of active
pegawai aktif. employee loans.
Perjanjian kerjasama ini berlaku selama lima The agreement is effective for five years and
tahun dan kemudian secara otomatis akan will be automatically extended for the next
diperpanjang untuk 5 tahun berikutnya atau five years or may be terminated earlier as
dapat dihentikan lebih awal sebagaimana agreed by both parties. The agreement was
disepakati bersama oleh kedua belah pihak. automatically extended on 9 October 2021
Perjanjian kerjasama ini diperpanjang secara for the next 5 years until 9 October 2025.
otomatis pada tanggal 9 Oktober 2021 untuk
5 tahun berikutnya sampai dengan tanggal
9 Oktober 2025.
PT Asuransi Jiwa Sinarmas MSIG Tbk PT Asuransi Jiwa Sinarmas MSIG Tbk
Pada tanggal 12 Januari 2022, Bank melakukan On 12 January 2022, the Bank entered an
perjanjian dengan PT Asuransi Jiwa Sinarmas agreement with PT Asuransi Jiwa Sinarmas
MSIG Tbk (“Sinarmas MSIG”), pihak ketiga, untuk MSIG Tbk (“Sinarmas MSIG”), a non-related
melindungi Bank dari risiko kredit party, to cover the Bank from the risk
dari Kredit Pemilikan Rumah. Perjanjian kerjasama of uncollectible mortgage loan. The agreement
ini berlaku selama tiga tahun dan sewaktu-waktu is effective for three years and can be
dapat ditinjau kembali oleh masing-masing pihak. reviewed whenever necessary by both
Perjanjian kerja sama ini mulai diimplementasikan parties. The agreement was launched at
pada tanggal 24 Maret 2022. 24 March 2022.
n. Pinjaman yang diberikan dan n. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables
direstrukturisasi
Jumlah pinjaman yang diberikan dan Total restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was
direstrukturisasi berdasarkan kolektibilitas OJK disclosed in Note 52.
diungkapkan pada Catatan 52.
117
Page 528
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN 13. FINANCING RECEIVABLES
Piutang pembiayaan dari PT Oto Multiartha dan Financing receivables from PT Oto Multiartha and
PT Summit Oto Finance pada tanggal 31 Desember PT Summit Oto Finance as of 31 December 2024
2024 dan 2023 setelah penyesuaian nilai wajar and 2023 after fair value adjustment due to the
dampak dari akuisisi (sesuai catatan 1f) adalah impact of the acquisition (as per Notes 1f) are as
sebagai berikut: follow:
31 Desember/December
2024 2023
Piutang pembiayaan – bruto 38,657,867) - Gross financing receivables
Pendapatan pembiayaan konsumen
yang belum diakui (9,225,245) - Unearned consumer financing income
Piuatang pembiayan – sebelum Financing receivables – before allowance
cadangan kerugian penurunan nilai 29,432,622) - for impairment losses
Dikurangi: Cadangan kerugian -
penurunan nilai (1,970,930) Less: Allowance for impairment losses
Jumlah 27,461,692) - Total
Tingkat suku bunga kontraktual setahun: Contractual interest rate per annum:
31 Desember/December
2024 2023
Mobil 16.98% - 22.73% - Cars
Motor 18.97% - 44.71% - Motorcycles
Berdasarkan jenis objek pembiayaan: By type of financing object:
31 Desember/December
2024 2023
Mobil 15,013,816 - Cars
Motor 14,418,806 - Motorcycles
Jumlah 29,432,622 - Total
Entitas Anak memberikan kontrak pembiayaan The Subsidiaries extend financing contracts with
dengan jangka waktu 1 tahun sampai dengan 5 terms ranging from 1 year to 5 years.
tahun.
Untuk memastikan kelancaran penyelesaian To ensure settlement of consumer financing
piutang pembiayaan konsumen yang diberikan, receivable, the customers of Subsidiaries give the
konsumen Entitas Anak memberikan Bukti Certificates of Ownerhip (BPKB) of the motor
Pemilikan Kendaraan Bermotor (BPKB) atas vehicles financed.
kendaraan bermotor yang dibiayai.
Piutang pembiayaan pada tanggal 31 Desember Financing receivables as of 31 December 2024
2024 sebesar Rp 4.862.626, dijadikan sebagai amounting to Rp 4,862,626, were pledged as
jaminan atas pinjaman yang diterima (Catatan 23). collateral for borrowings (Notes 23).
Informasi mengenai sisa periode sampai dengan Information regarding remaining period to
tanggal jatuh tempo diungkapkan pada Catatan 45. maturity date was disclosed in Notes 45.
118
Page 529
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN (lanjutan) 13. FINANCING RECEIVABLES (continued)
Berdasarkan Tahap By stage
Berikut adalah ringkasan perubahan nilai tercatat The following summarizes the movement of the
piutang pembiayaan yang diberikan (sebelum carrying amount of financing receivables (before
penyisihan kerugian kredit ekspektasian) dengan allowance for expected credit losses) based on
klasifikasi biaya perolehan diamortisasi berdasarkan stages during the years ended 31 December 2024
tahap (stage) selama tahun-tahun yang berakhir and 2023:
pada tanggal 31 Desember 2024 dan 2023:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal -)) -)) -)) -)) Beginning balances
Penambahan atas akuisisi 23,702,467 1,152,477 3,451,194 28,306,138 Addition due to acquisition
Transfer ke Tahap 1 (9,700) 11,184) (1,484) -) Transfer to Stage 1
Transfer ke Tahap 2 59,527) (60,163) 636) -) Transfer to Stage 2
Transfer ke Tahap 3 (2,494,914) (70,615) 2,565,529) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali 2,402,565) 271,070) 37,311) 2,710,946) measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh 10,500,706) -) -) 10,500,706) originated
Piutang pembiayaan yang Financing receivables that
telah dilunasi (10,169,750) (413,862) (191,957) (10,775,569) have been repaid
Penghapusbukuan selama
tahun berjalan -) -) (1,148,583) (1,148,583) Write-off during the year
Lain-lain (40,719) (35,978) (84,319) (161,016) Others
Saldo akhir 23,950,182) 854,113) 4,628,327) 29,432,622) Ending balances
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal - - - - Beginning balances
Transfer ke Tahap 1 - - - - Transfer to Stage 1
Transfer ke Tahap 2 - - - - Transfer to Stage 2
Transfer ke Tahap 3 - - - - Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali - - - - measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh - - - - originated
Piutang pembiayaan yang Financing receivables that
telah dilunasi - - - - have been repaid
Penghapusbukuan selama
tahun berjalan - - - - Write-off during the year
Saldo akhir - - - - Ending balances
Lain-lain termasuk penyesuaian nilai wajar dampak Others include fair value adjustments due to the
dari akuisisi dan amortisasi dari nilai wajar tersebut. impact of the acquisitions and amortization of the
Estimasi masa manfaat adalah 18 - 31 bulan. fair value. Estimated useful life is 18 - 31 months.
119
Page 530
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
13. PIUTANG PEMBIAYAAN (lanjutan) 13. FINANCING RECEIVABLES (continued)
Berdasarkan Tahap (lanjutan) By stage (continued)
Perubahan penyisihan kerugian penurunan nilai The movement of allowance for impairment losses
atas piutang pembiayaan selama tahun-tahun yang of financing receivables during the years ended
berakhir pada tanggal 31 Desember 2024 dan 2023 31 December 2024 and 2023 was as follows:
adalah sebagai berikut:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal -) -) -) -) Beginning balances
Penambahan atas akuisisi 352,305) 121,316) 1,220,042) 1,693,663) Addition due to acquisition
Transfer ke Tahap 1 (898) 1,495) (597) -) Transfer to Stage 1
Transfer ke Tahap 2* (28,259) 27,875) 384) -) Transfer to Stage 2*
Transfer ke Tahap 3 (310,908) (42,279) 353,187) -) Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali (63,361) (21,014) 1,146,283) 1,061,908) measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh 363,942) -) -) 363,942) originated
Penghapusbukuan selama
tahun berjalan -) -) (1,148,583) (1,148,583) Write-off during the year
Saldo akhir 312,821) 87,393) 1,570,716) 1,970,930) Ending balances
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal - - - - Beginning balances
Transfer ke Tahap 1 - - - - Transfer to Stage 1
Transfer ke Tahap 2* - - - - Transfer to Stage 2*
Transfer ke Tahap 3 - - - - Transfer to Stage 3
Perubahan bersih pada Net changes in
eksposur dan exposures and
pengukuran kembali - - - - measurements
Piutang pembiayaan yang New financing receivables
baru diperoleh - - - - originated
Penghapusbukuan selama
tahun berjalan - - - - Write-off during the year
Saldo akhir - - - - Ending balances
*Termasuk kontrak yang direstrukturisasi Including restructured contracts*
Manajemen yakin bahwa jumlah penyisihan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk telah cukup. impairment losses is adequate.
120
Page 531
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
14. BEBAN DIBAYAR DIMUKA 14. PREPAYMENTS
31 Desember/December
2024 2023
Asuransi kredit 679,889 959,005) Loans insurance
Pemeliharaan dan pembaharuan TI 139,272 107,022) IT maintenance and renewal
Promosi 105,609 43,279) Promotion
Sewa bangunan 83,730 11,531) Building rental
Beban lisensi dibayar dimuka 25,485 30,923) Prepaid license fee
Lainnya 41,281 32,307) Others
1,075,266 1,184,067)
Beban dibayar dimuka lainnya termasuk beban dibayar Other prepayments primarily includes prepayments
dimuka untuk asuransi jiwa, tunjangan perumahan, for life insurance, housing allowance, cash
asuransi uang tunai dan asuransi gedung. insurance and building insurance.
15. PERPAJAKAN 15. TAXATION
a. Klaim pengembalian pajak a. Claims for tax refund
31 Desember/December
2024 2023
Bank Bank
Klaim pengembalian pajak - 2002 - 16,972 Claim for tax refund - 2002
Klaim pengembalian pajak - 2016 10,358 10,358 Claim for tax refund - 2016
Klaim pengembalian pajak - 2017 8,008 8,008 Claim for tax refund - 2017
Klaim pengembalian pajak - 2021 3,544 - Claim for tax refund - 2021
Klaim pengembalian pajak - 2022 6,905 31,804 Claim for tax refund - 2022
Pajak penghasilan badan - 2024 309,934 - Corporate income tax - 2024
Pajak lainnya 95 195 Other taxes
338,844 67,337
Entitas anak Subsidiary
Klaim pengembalian pajak - 2016 119,461 - Claim for tax refund - 2016
Klaim pengembalian pajak - 2017 21,402 - Claim for tax refund - 2017
Klaim pengembalian pajak - 2019 17,835 - Claim for tax refund - 2019
Klaim pengembalian pajak - 2020 7,066 - Claim for tax refund - 2020
Klaim pengembalian pajak - 2022 21,322 - Claim for tax refund - 2022
187,086 -
525,930 67,337
b. Utang pajak b. Taxes payable
31 Desember/December
2024 2023
Pajak penghasilan badan: Corporate income taxes:
Bank Bank
- Pasal 25 45,090 13,861 Article 25 -
- Pasal 29 - 59,168 Article 29 -
Entitas anak Subsidiary
- Pasal 25 9,710 29,385 Article 25 -
- Pasal 29 23,370 5,466 Article 29 -
78,170 107,880
Dipindahkan 78,170 107,880 Carry forward
121
Page 532
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
b. Utang pajak (lanjutan) b. Taxes payable (continued)
31 Desember/December
2024 2023
Pindahan 78,170 107,880 Carried forward
Pajak lainnya: Other taxes:
Bank Bank
- Pasal 23, 26 dan 4(2) 97,785 83,080 Article 23, 26 and 4(2) -
- Pasal 21 8,353 27,421 Article 21 -
- Pajak pertambahan nilai 10,637 3,487 Value added tax -
Entitas anak Subsidiary
- Pasal 23, 26 dan 4(2) 14,096 9,183 Article 23, 26 and 4(2) -
- Pasal 21 10,521 6,832 Article 21 -
- Pajak pertambahan nilai 6,298 35 Value added tax -
147,690 130,038
225,860 237,918
c. Beban pajak penghasilan c. Income tax expense
31 Desember/December
2024 2023
Pajak penghasilan: Income taxes:
- Kini Current -
Bank 204,267 515,697) Bank
Entitas anak 291,843 411,468) Subsidiary
- Penyesuaian terhadap beban Adjustment to prior -
pajak tahun-tahun sebelumnya tax expense
Bank 100 18,304 Bank
)
- Tangguhan – Pembentukan Deferred – Origination of temporary -
perbedaan temporer differences
Bank 306,144 (58,109) Bank
Entitas anak 101,879 (112,162) Subsidiary
Jumlah beban pajak penghasilan 904,233 775,198) Total income tax expenses
Rekonsiliasi antara laba akuntansi The reconciliation between consolidated
konsolidasian sebelum pajak penghasilan dikali accounting profit before income tax multiplied by
tarif pajak yang berlaku dengan beban pajak the prevailing tax rate and consolidated income
penghasilan konsolidasian adalah sebagai tax expense was:
berikut:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 4,120,473) 3,457,682) income tax
Ditambah: Add:
Pendapatan dividen dari Entitas Anak 422,706) 498,815) Dividend income from Subsidiary
4,543,179) 3,956,497)
Tarif pajak 22%) 22%) Tax rate
Pajak dihitung dengan tarif pajak 999,500) 870,430) Tax calculated at tax rate
Perbedaan permanen dengan tarif pajak Permanent differences at tax rate:
- Bank (92,561) (109,265) Bank -
- Entitas anak (2,806) (4,271) Subsidiary -
Penyesuaian terhadap beban pajak tahun- Adjustments to prior year’s
tahun sebelumnya 100) 18,304) tax expense
Beban pajak penghasilan konsolidasian 904,233) 775,198) Consolidated income tax expense
122
Page 533
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi antara laba akuntansi konsolidasian The reconciliation between consolidated
sebelum pajak penghasilan dan penghasilan accounting profit before income tax and taxable
kena pajak Bank adalah sebagai berikut: income of the Bank was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Laba akuntansi konsolidasian sebelum Consolidated accounting profit before
pajak penghasilan 4,120,473) 3,457,682) income tax
Ditambah (dikurangi): Add (less):
Pendapatan dividen dari Entitas Anak 422,706) 498,815) Dividend income from Subsidiary
Laba Entitas Anak sebelum pajak
penghasilan (1,802,398) (1,379,894) Subsidiary’s profit before income tax
Laba akuntansi sebelum pajak Accounting profit before income
penghasilan (Bank saja) 2,740,781) 2,576,603) tax (Bank only)
Perbedaan temporer: Temporary differences:
Penyisihan kerugian aset produktif - Allowance for impairment losses on
pinjaman yang diberikan (1,021,375) 382,098) earning assets - loans
Modifikasi arus kas kontraktual Modification of loans contractual
pinjaman yang diberikan (294,907) (14,003) cash flows
Beban penyusutan (2,920) (110,481) Depreciation expenses
Bonus direksi 8,277) 6,426) Bonus for directors
Beban atas imbalan pascakerja (98,128) (10,404) Post-employment benefit expenses
Akrual, bonus, tantiem dan imbalan Accruals, bonus, tantiem and other
jangka panjang lainnya 17,486) 10,496) long-term - employee benefits
Jumlah perbedaan temporer (1,391,567) 264,132) Total temporary differences
Perbedaan permanen: Permanent differences:
Beban/(penghasilan) yang tidak
dapat dikurangkan/dikenakan - Non-deductible/(non-taxable)
pajak - bersih (420,726) (496,659) expenses/incomes - net
Penghasilan kena pajak Bank 928,488) 2,344,076) Taxable income of the Bank
d. Perhitungan beban pajak kini dan d. The computation of current tax expense and
kekurangan pembayaran pajak penghasilan corporate income tax underpayment was as
badan adalah sebagai berikut: follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Penghasilan kena pajak: Taxable income:
Bank 928,488 2,344,076) Bank
Entitas Anak 1,326,558 1,870,310) Subsidiary
2,255,046 4,214,386)
Beban pajak kini: Current tax expense:
Bank 204,267 515,697) Bank
Entitas Anak 291,843 411,468) Subsidiary
496,110 927,165)
Dikurangi: Less:
Pajak dibayar dimuka pasal 25: Prepaid taxes article 25:
Bank 514,201 (456,529) Bank
Entitas Anak 258,966 (406,002) Subsidiary
773,167 (862,531)
(Kelebihan) kekurangan pembayaran Corporate income tax
pajak penghasilan badan (over) under payment
pasal (28) 29: article (28) 29:
Bank (309,934) 59,168) Bank
Entitas anak 32,877) 5,466) Subsidiary
(277,057) 64,634)
123
Page 534
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
e. Sesuai dengan peraturan perpajakan di e. Under the taxation laws of Indonesia, the Group
Indonesia, Grup menghitung dan calculates and submits individual company tax
melaporkan/menyetorkan pajak untuk setiap returns (submission of consolidated income tax
perusahaan sebagai suatu badan hukum yang computation is not allowed) on a
terpisah (pelaporan pajak penghasilan self-assessment basis. The tax authorities may
konsolidasian tidak diperbolehkan) assess/amend taxes within the statute of
berdasarkan sistem self-assessment. Fiskus limitations under prevailing regulations.
dapat menetapkan/mengubah pajak-pajak
tersebut dalam jangka waktu tertentu sesuai
peraturan yang berlaku.
Manajemen mempertahankan posisi Management vigorously defends the Group’s tax
perpajakan Grup yang diyakini berdasarkan positions which are believed to be grounded on
pada teknik dasar yang kuat, sesuai dengan sound technical basis, in compliance with the tax
peraturan perpajakan dan upaya manajemen regulations and management’s efforts to
dalam mengantisipasi kemungkinan risiko anticipate possible future tax exposure.
timbulnya pajak di masa depan.
Perhitungan pajak penghasilan badan untuk The above calculation of income tax for the year
tahun yang berakhir pada tanggal ended 31 December 2024 was a preliminary
31 Desember 2024 di atas adalah suatu estimate made for accounting purposes.
perhitungan sementara yang dibuat untuk
tujuan akuntansi.
Laba kena pajak yang diperoleh dari laba Taxable income which was obtained from
sebelum pajak secara komersial setelah commercial profit before tax after fiscal
dilakukan koreksi fiskal sesuai dengan correction in accordance with applicable tax
ketentuan perpajakan yang berlaku akan regulation will be the basis for calculating and
menjadi dasar dalam perhitungan dan preparing the Bank’s and Subsidiaries’ Annual
pengisian Surat Pemberitahuan (SPT) Tahunan Corporate Income Tax Returns (SPT).
PPh Badan Bank dan Entitas Anak.
Peraturan Menteri Keuangan No.136 Tahun Minister of Finance Regulation No. 136 Year
2024 (“PMK-136/2024”) telah ditetapkan 2024 (“MOF-136/2024”) was enacted
31 Desember 2024 dan berlaku efektif 31 December 2024 and effective starting
1 Januari 2025. 1 January 2025.
Grup menerapkan pengecualian sementara The Group has applied a mandatory temporary
yang diwajibkan PSAK 212 sehubungan relief as per PSAK 212 from the deferred tax
dengan akuntansi pajak tangguhan yang terkait accounting for the impacts of the Pillar Two top-
dengan pajak tambahan Pilar Dua. up tax.
Grup berada dalam proses menilai eksposur The Group is in the process of assessing the
terhadap PMK- 136/2024. Karena kompleksitas exposure to the MOF-136/2024. Following the
dalam menerapkan PMK- 136/2024, dampak complexities in applying the MOF-136/2024, the
kuantitatif dari PMK-136/2024 yang telah quantitative impact of the enacted
ditetapkan belum dapat diestimasi secara PMK-136/2024 is not yet reasonably estimable.
wajar.
Perhitungan perpajakan untuk tahun yang Tax calculation for the year ended
berakhir 31 Desember 2023 sesuai dengan 31 December 2023 is in accordance with Bank’s
SPT tahunan Bank. annual tax return (SPT).
124
Page 535
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan f. Deferred tax assets (liabilities)
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Grup adalah sebagai berikut: Group was as follows:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Dikreditkan Dikreditkan
Penambahan (Dibebankan) (Dibebankan) ke
Saldo atas akuisisi/ ke laba rugi/ ekuitas/
awal/ Addition Credited Credited Saldo akhir/
Beginning due to (Charged) to (Charged) to Ending
balance acquisition profit or loss equity balance
Bank Bank
Cadangan kerugian
penurunan nilai atas aset Allowance for impairment
keuangan 267,898) -) (224,702) -) 43,196) losses on financial assets
Modifikasi arus kas kontraktual Modification of loans
pinjaman yang diberikan 64,880) -) (64,880) -) -) contractual cash flows
Short-term employee
Imbalan kerja jangka pendek 71,047) -) 1,400) -) 72,447) benefits
Imbalan pascakerja dan Post-employment
imbalan kerja jangka benefits and other long-term
panjang 28,178) -) (21,094) (3,670) 3,414) employee benefits
(Keuntungan) kerugian yang
belum direalisasi dari efek- Unrealized (gains) losses
efek yang diukur pada nilai on securities measured at
wajar melalui penghasilan fair value through other
komprehensif lain (790) -) -) (2,710) (3,500) comprehensive income
Aset tetap (termasuk aset hak Fixed assets (including
guna) (59,948) -) 6,442) -) (53,506) right-of-use assets)
Liabilitas sewa 66,043) -) (7,084) -) 58,959) Lease liabilities
Lain-lain 4,252) -) 3,774) -) 8,026) Others
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 441,560) -) (306,144) (6,380) 129,036) (liabilities)- net
Entitas Anak Subsidiaries
PT Bank BTPN Syariah Tbk 273,592) -) (44,156) (2,727) 226,709) PT Bank BTPN Syariah Tbk
PT Oto Multiartha -) 9,344) 1,368) (6,916) 3,796) PT Oto Multiartha
PT Summit Oto Finance -) 93,919) (32,948) (7,565) 53,406) PT Summit Oto Finance
Aset (liabilitas) pajak Deferred tax assets
tangguhan – bersih 273,592) 103,263) (75,736) (17,208) 283,911) (liabilities)- net
Eliminasi dampak Elimination the impact of
penyesuaian nilai wajar -) (42,544) fair value adjustment
Total aset (liablitas) pajak Total deferred tax assets
715,152) 370,403)
tangguhan - bersih (liabilities)- net
125
Page 536
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
f. Aset (liabilitas) pajak tangguhan (lanjutan) f. Deferred tax assets (liabilities) (continued)
Rincian dari aset (liabilitas) pajak tangguhan Details of deferred tax assets (liabilities) of the
Grup adalah sebagai berikut: (lanjutan) Group was as follows: (continued)
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Dikreditkan
(Dibebankan) ke Dikreditkan
laba rugi/ (Dibebankan) ke
Saldo awal/ Credited ekuitas/
Beginning (Charged) to Credited (Charged) Saldo akhir/
balance profit or loss to equity Ending balance
Bank Bank
Cadangan kerugian penurunan nilai Allowance for impairment
atas aset keuangan 183,836) 84,062) -) 267,898) losses on financial assets
Modifikasi arus kas kontraktual Modification of loans
pinjaman yang diberikan 67,960) (3,080) -) 64,880) contractual cash flows
Short-term employee
Imbalan kerja jangka pendek 62,480) 8,567) -) 71,047) benefits
Post-employment
Imbalan pascakerja dan imbalan benefits and other long-term
kerja jangka panjang 9,522) (1,490) 20,146) 28,178) employee benefits
(Keuntungan) kerugian yang belum Unrealized (gains) losses
direalisasi dari efek-efek yang on securities measured at
diukur pada nilai wajar melalui fair value through other
penghasilan komprehensif lain 2,187) -) (2,977) (790) comprehensive income
Aset tetap (termasuk aset hak guna) Fixed assets (including
(a)
(30,265) (29,683) -) (59,948) right-of-use assets) (a)
Liabilitas sewa (a) 78,791) (12,748) -) 66,043) Lease liabilities (a)
Lain-lain 9,896) (5,644) -) 4,252) Others
Aset (liabilitas) pajak tangguhan – Deferred tax assets
bersih 384,407) 39,984) 17,169) 441,560) (liabilities)- net
Entitas Anak Subsidary
PT Bank BTPN Syariah Tbk 160,622) 112,934) 36) 273,592) PT Bank BTPN Syariah Tbk
Aset (liabilitas) pajak tangguhan – Deferred tax assets
bersih 160,622) 112,934) 36) 273,592) (liabilities)- net
Total aset (liablitas) pajak Total deferred tax assets
545,029 152,918 17,205 715,152
tangguhan - bersih (liabilities)- net
(a): Bank menetapkan pajak tangguhan terkait aset dan liabilitas (a): The Bank applied deferred tax related to assets and liabilities arising
yang timbul dari satu transaksi (Amandemen PSAK 212) mulai from a single transaction (Amendments to PSAK 212) starting from
dari tanggal 1 Januari 2023 dan menyajikan kembali komparasi 1 January 2023 and restate the comparative as of
31 Desember 2022. Setelah amandemen tersebut, Bank 31 December 2022. Following the amendment, the Bank has
mengakui aset pajak tangguhan tersendiri sehubungan dengan recognized a separate deferred tax asset in relation to its lease
liabilitas sewa dan kewajiban pajak tangguhan sehubungan liabilities and a deferred tax liability in relation to its right-of-use
dengan aset hak guna nya. assets.
126
Page 537
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak g. Tax assessment letters
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), BSMI had the
1.b), BSMI memiliki surat ketetapan pajak following tax assessments:
sebagai berikut:
Tahun pajak 2002 Fiscal year 2002
Pada bulan Februari 2011, BSMI mengajukan In February 2011, BSMI filed an appeal to the Tax
gugatan baru ke Pengadilan Pajak untuk Court to get interest compensation related with
memperoleh kompensasi bunga terkait 2002 tax assessment which was won by BSMI.
pemeriksaan pajak tahun 2002 yang On 22 September 2011, BSMI won its appeal to
dimenangkan oleh BSMI. Pada tanggal the Tax Court.
22 September 2011, BSMI memenangkan
gugatan ke Pengadilan Pajak tersebut.
Pada bulan Januari 2012, DJP mengajukan In January 2012, DGT filed a judicial review to the
permohonan kasasi kepada Mahkamah Agung Supreme Court to revoke the decision of the Tax
untuk membatalkan keputusan dari Pengadilan Court for interest compensation.
Pajak atas imbalan bunga tersebut.
Sehubungan dengan proses tersebut, pada In relation to this process, on 31 May 2023, the
tanggal 31 Mei 2023 Majelis Mahkamah Assembly of the Supreme Court has announced
Agung mengumumkan keputusan menolak the decision to reject the DGT Judicial Review.
Peninjauan Kembali dari DJP. Pada tanggal On 12 July 2023, the Bank has received the
12 Juli 2023, Bank telah menerima putusan written formal Supreme Court decision letter.
formal Mahkamah Agung tersebut. Atas Upon the issuance of the decision, on
putusan ini, pada tanggal 13 November 2023, 13 November 2023, the Bank submitted request
Bank mengajukan surat permohonan letter for interest compensation to tax office.
pengembalian imbalan bunga ke kantor pajak.
Pada tanggal 11 Desember 2023, Bank On 11 December 2023, the Bank received letter
menerima surat dari kantor pajak tentang from tax office concerning the interest
pemberian imbalan bunga sebesar Rp 16.972 compensation provision amounting to
yang telah diakui dalam klaim pengembalian Rp 16,972 which has been recognised in claims
pajak. for tax refund.
Pada tanggal 16 Januari 2024, Bank telah On 16 January 2024, the Bank received the
menerima imbalan bunga sebesar Rp 16.972. interest compensation amounting to Rp 16,972.
dengan penerimaan imbalan bunga tersebut Therefore, the tax litigation for Fiscal Year 2002
maka kasus pajak untuk Tahun Pajak 2002 are considered completed.
telah selesai.
127
Page 538
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessment letters (continued)
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), BSMI had the
1.b), BSMI memiliki surat ketetapan pajak following tax assessments: (continued)
sebagai berikut: (lanjutan)
Tahun pajak 2017 Fiscal year 2017
Pada tanggal 4 Februari 2021, Bank menerima On 4 February 2021, the Bank received tax audit
surat pemberitahuan pemeriksaan pajak untuk notice for fiscal year 2017. On 9 August 2022, the
tahun pajak 2017. Pada tanggal 9 Agustus Directorate General of Taxes issued
2022, Direktorat Jenderal Pajak mengeluarkan Underpayment Tax Assessment Letter (SKPKB)
Surat Ketetapan Pajak Kurang Bayar (SKPKB) amounting to Rp 8,074 along with Tax
untuk seluruh jenis pajak dengan jumlah Collection Letter (STP) amounting to
sebesar Rp 8.074, dan Surat Tagihan Pajak Rp 1.5. The Bank has paid the amount on
(STP) sebesar Rp 1,5. Atas SKPKB tersebut 7 September 2022. The Bank has submitted tax
Bank telah melakukan pembayaran seluruhnya objection letter on 7 November 2022 amounting
pada tanggal 7 September 2022. Bank telah to Rp 8,008.
mengajukan permohonan surat keberatan
pajak pada tanggal 7 November 2022 dengan
jumlah Rp 8.008.
Pada tanggal 31 Agustus 2023, DJP telah On 31 August 2023, DJP has issued objection
mengeluarkan surat keputusan penolakan decision letter which rejected Bank’s objection.
keberatan. Pada tanggal 29 November 2023 On 29 November 2023, the Bank has submitted
Bank mengajukan surat banding atas appeal letter against such decsion letter to the tax
keputusan keberatan tersebut ke pengadilan court. Until now the appeal process is still on
pajak. Sampai saat ini proses banding tersebut going.
masih berlangsung.
Sebelum penggabungan usaha (Catatan Before the merger (Note 1.b), SMBCI (formerly
1.b), SMBCI (dahulu BTPN) memiliki surat BTPN) had the following tax assessments:
ketetapan pajak sebagai berikut:
Tahun pajak 2016 Fiscal year 2016
Pada tanggal 28 Januari 2021, DJP On 28 January 2021, DGT issued an
menerbitkan Surat Ketetapan Pajak Kurang underpayment tax assessment (SKPKB)
Bayar (SKPKB) sebesar Rp 13.155. Pada amounting to Rp 13,155. On 26 April 2021, the
tanggal 26 April 2021, Bank mengajukan Bank submited an objection letter on the SKPKB
keberatan atas SKPKB tersebut kepada DJP. to the DGT.
Pada tanggal 10 Maret 2022, Direktorat On 10 March 2022, the Directorate General of
Jenderal Pajak telah menerbitkan 2 (dua) Taxes has issued 2 (two) decision regarding tax
putusan sehubungan dengan keberatan atas objection of tax assessment letter (SKPKB) which
SKPKB yang diajukan sebelumnya, adapun the Bank has applied, the result of the decision
hasil keputusan mengabulkan sebagian grants part of the objection therefore the amount
keberatan sehingga pajak yang terhutang yang of tax payable is reduced from
sebelumnya Rp 13.155 menjadi Rp 10.358, Rp 13,155 to Rp 10,358, with regards to the
atas keputusan ini, Bank mengajukan proses objection decision, the Bank has applied for
banding pada pengadilan pajak yang appeal process in tax court on 8 June 2022. Until
telah disampaikan pada tanggal now, the Bank has not yet received the decision
8 Juni 2022. Sampai saat ini, Bank belum from tax court.
menerima putusan dari pengadilan pajak.
128
Page 539
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
15. PERPAJAKAN (lanjutan) 15. TAXATION (continued)
g. Surat ketetapan pajak (lanjutan) g. Tax assessments letters (continued)
Setelah penggabungan usaha (Catatan 1.b), After the merger (Note 1.b), SMBCI (formerly
SMBCI (dahulu BTPN) memiliki surat BTPN) had the following tax assessments:
ketetapan pajak sebagai berikut:
Tahun Pajak 2022 Fiscal Year 2022
Pada tanggal 19 Maret 2024, Kantor Pajak On 19 March 2024, Tax office issued a Corporate
menerbitkan Surat Ketetapan Pajak Lebih Income Tax Determination Letter (SKPLB) to
Bayar (SKPLB) PPh Badan sebesar Rp 26.542 amounting to Rp 26,542 and Value added Tax
dan Surat Ketetapan Pajak Kurang Bayar PPN Determination letter amounting of Rp 1,328 and
sebesar Rp 1.328 dan Pajak Penghasilan other income tax amounting to Rp 290 and VAT
lainnya sebesar Rp 290 serta Surat Tagihan Tax Bill (STP) amounting of Rp 25.
Pajak (STP) PPN sebesar Rp 25.
Pada tanggal 4 Juni 2024, Bank telah On 4 June 2024, the Bank has paid such tax
melakukan pembayaran pajak atas surat assessment letter (SKPKB).
ketetapan pajak kurang bayar (SKPKB)
tersebut.
Pada tanggal 7 Juni 2024, Bank mengajukan On 7 June 2024, the Bank submited objection
keberatan atas surat ketetapan pajak di atas. letters on the tax assesssments.Until now, the
Sampai saat ini proses keberatan masih objection proses is still ongoing.
berlangsung.
Tahun Pajak 2021 Fiscal Year 2021
Pada tanggal 9 Desember 2024, Bank telah On 9 December 2024, Bank has received Tax
menerima Surat Ketetapan Pajak Kurang Bayar Assessment Letter on Corporate Income Tax,
atas PPh Badan, Pemotongan PPh Pasal 4 ayat Withhodling Tax article 4 (2) and Value Added
(2) dan Pajak Pertambahan Nilai. Pada tanggal Tax. On 19 December 2024, Bank has paid the
19 Desember 2024, Bank telah membayar
kurang bayar pajak sebesar Rp 3.684. Bank tax underpayment for amounting to Rp 3,684.
akan mengajukan Surat Keberatan ke kantor The Bank will submit the tax objection letter to
pajak sebesar Rp 3.544. tax authority amounting to Rp 3,544.
129
Page 540
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP 16. FIXED ASSETS
Aset tetap terdiri dari: Fixed assets consist of the following:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penambahan
dari akuisisi/
Saldo awal/ Additions Saldo akhir/
Beginning from Penambahan/ Pengurangan Reklasifikasi/ Revaluasi/ Ending
balance acquisition Additions / Deductions Reclassification Revaluation balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 1,041,197) - - - - 7,814 1,049,011 Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Tanah - 28,765 - (742) - - 28,023 Land
Gedung 418,901) 40,885 623 (2,413) 10,981 - 468,977 Buildings
Kendaraan
bermotor 254,306) 328,068 33,841 (117,344) 12,469 - 511,340 Motor vehicles
Perlengkapan
kantor 1,476,348) 430,217 78,871 (87,780) 62,996 - 1,960,652 Office equipments
Leasehold Leasehold
improvement 589,914) 71,999 22,079 (40,715) 3,839 - 647,116 improvement
Aset dalam Construction in
pembangunan 43,875) - 91,915 (29,829) (69,666) - 36,295 progress
2,783,344) 899,934 227,329 (278,823) 20,619 - 3,652,403
Aset hak guna 1,215,709) 218,561 149,359 (226,896) - - 1,356,733 Right-of-use assets
5,040,250) 1,118,495 376,688 (505,719) 20,619 7,814 6,058,147
Akumulasi Accumulated
penyusutan depreciation
Gedung (287,315) (30,998) (18,223) 2,353 - - (334,183) Buildings
Kendaraan
bermotor (167,309) (69,523) (63,360) 43,068 - - (257,124) Motor vehicles
Perlengkapan
kantor (1,216,486) (350,491) (165,315) 86,996 - - (1,645,296) Office equipments
Leasehold Leasehold
improvement (543,069) (63,393) (42,708) 40,581 - - (608,589) improvement
(2,214,179) (514,405) (289,606) 172,998 - - (2,845,192)
Aset hak guna (778,259) (144,141) (197,217) 191,084 - - (928,533) Right-of-use assets
(2,992,438) (658,546) (486,823) 364,082 - - (3,773,725)
2,047,812) 2,284,422
Nilai buku bersih Net book value
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Saldo awal/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ Saldo akhir/
balance Additions Deductions Reclassification Revaluation Ending balance
Model revaluasi Revaluation model
Kepemilikan langsung Direct ownership
Tanah 981,703) -) (20,278) -) 79,772) 1,041,197) Land
Model biaya Cost model
Kepemilikan langsung Direct ownership
Gedung 425,296) 526) (10,599) 3,678) -) 418,901) Buildings
Kendaraan bermotor 216,400) 58,421) (20,515) -) -) 254,306) Motor vehicles
Perlengkapan kantor 1,489,714) 45,350) (143,278) 84,562) -) 1,476,348) Office equipments
Leasehold Leasehold
improvement 646,603) 20,582) (86,560) 9,289) -) 589,914) improvement
Aset dalam Construction in
pembangunan 56,150) 90,969) (8,536) (94,708) -) 43,875) progress
2,834,163) 215,848) (269,488) 2,821) -) 2,783,344)
Aset hak guna 1,293,316) 157,827) (235,434) -) -) 1,215,709) Right-of-use assets
5,109,182) 373,675) (525,200) 2,821) 79,772) 5,040,250)
Accumulated
Akumulasi penyusutan depreciation
Gedung (276,916) (19,095) 8,696) -) -) (287,315) Buildings
Kendaraan bermotor (148,497) (38,180) 19,368) -) -) (167,309) Motor vehicles
Perlengkapan kantor (1,220,918) (140,535) 142,376) 2,591) -) (1,216,486) Office equipments
Leasehold
Leasehold improvement (579,699) (40,441) 77,071) -) -) (543,069) improvement
(2,226,030) (238,251) 247,511) 2,591) -) (2,214,179)
Aset hak guna (764,647) (211,586) 197,974) -) -) (778,259) Right-of-use assets
(2,990,677) (449,837) 445,485) 2,591) -) (2,992,438)
2,118,505) 2,047,812)
Nilai buku bersih Net book value
130
Page 541
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Rincian keuntungan penjualan aset tetap adalah Detail of the gain on sale of fixed assets was as
sebagai berikut: follows:
31 Desember/December
2024 2023
Hasil atas penjualan aset tetap 41,720) 5,877) Proceeds from sale of fixed assets
Nilai buku bersih (23,170) (1,233) Net book value
Keuntungan penjualan aset tetap 18,550) 4,644) Gains on sale of fixed assets
Aset hak-guna meliputi transaksi sewa yang The right-of-use assets include the Bank’s lease
dilakukan Bank dimana Bank menyewa bangunan transactions whereby the Bank leases buildings for
untuk ruang kantor. Sewa ruang kantor secara its office. The leases of office space typically run for
umum berlaku untuk periode 3 - 10 tahun. a period of 3 - 10 years. Some leases include an
Beberapa sewa termasuk opsi untuk option to renew the lease for an additional period of
memperbaharui periode sewa dengan tambahan the same duration after the end of the contract term.
durasi yang sama setelah kontrak berakhir. Bank The Bank also leases vehicles and equipment with
juga menyewa kendaraan dan peralatan dengan contract terms of 2 - 5 years, apartments, and
periode kontrak 2 - 5 tahun, apartemen dan rumah employee residences with contract terms of 2 years
dinas dengan periode kontrak 2 tahun, dan and IT equipment and machinery with contract terms
peralatan IT dan mesin dengan periode kontrak of 3 - 5 years.
3 - 5 tahun.
Aset hak-guna juga meliputi transaksi sewa yang The right-of-use assets also include the Subsidiary’s
dilakukan Entitas Anak dimana Entitas Anak lease transactions whereby the Subsidiary
menyewa bangunan untuk ruang kantor. Sewa leases buildings for its office. The leases of
ruang kantor secara umum berlaku untuk periode office space typically run for a period of
3 - 10 tahun. Beberapa sewa termasuk opsi untuk 3 - 10 years. Some leases include an option to renew
memperbaharui periode sewa dengan tambahan the lease for an additional period of the same
durasi yang sama setelah kontrak berakhir. Entitas duration after the end of the contract term. The
Anak juga menyewa kendaraan dan peralatan Subsidiary also leases vehicles and equipment with
dengan periode kontrak 3 - 5 tahun dan peralatan contract terms of 3 - 5 years and IT equipment and
IT dan mesin dengan periode kontrak 3 - 5 tahun. machinery with contract terms of 3 - 5 years.
Aset dalam pembangunan pada tanggal Assets under construction as of 31 December 2024
31 Desember 2024 dan 2023 masing-masing and 2023 amounted to Rp 36,295 and
sebesar Rp 36.295 dan Rp 43.875 merupakan Rp 43,875, respectively, related to buildings that
gedung yang disewa dari pihak ketiga dan masih were rented from third parties but was still in the
dalam tahap renovasi dan perlengkapan kantor renovation progress and office equipments that were
yang masih dalam tahap konstruksi. Konstruksi still under construction. Those constructions are
tersebut diperkirakan akan selesai pada tahun estimated to be completed in 2024 with current
2024 dengan persentase penyelesaian adalah percentages of completion between 15% - 93% as of
antara 15% - 93% pada tanggal 31 Desember 2024 31 December 2024 (31 December 2023: 45% - 55%).
(31 Desember 2023: 45% - 55%).
Pada tanggal 31 Desember 2024 dan 2023, aset As of 31 December 2024 and 2023, fixed assets,
tetap, kecuali tanah, telah diasuransikan kepada except for land, have been insured by the third party
perusahaan asuransi pihak ketiga (disajikan insurance companies (presented at sum insured):
sebesar nilai pertanggungan):
31 Desember/December
2024 2023
PT Asuransi MSIG Indonesia 820,156 1,091,423) PT Asuransi MSIG Indonesia
PT Asuransi Sinar Mas 213,247 -) PT Asuransi Sinar Mas
PT Zurich General Takaful Indonesia 180,846 178,786) PT Zurich General Takaful Indonesia
PT Asuransi Tokio Marine 2,602 -) PT Asuransi Tokio Marine
Jumlah 1,216,851 1,270,209) Total
Nilai buku untuk aset yang diasuransikan pada The book value of the assets insured as of
tanggal 31 Desember 2024 dan 2023 adalah 31 December 2024 and 2023 is Rp 540,474 and
sebesar Rp 540.474 dan Rp 767.559. Rp 767,559.
131
Page 542
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Grup berpendapat bahwa nilai pertanggungan The Group believes that the insurance coverage is
asuransi cukup untuk menutup kemungkinan kerugian adequate to cover possible losses arising from the
dari aset tetap tersebut. fixed assets.
Pada tanggal 31 Desember 2024 dan 2023, Grup As of 31 December 2024 and 2023, the Group
melakukan peninjauan kembali atas masa manfaat, performed a review on useful life, depreciation method
metode penyusutan dan nilai residu aset tetap dan and residual value of fixed assets and concluded that
menyimpulkan bahwa tidak diperlukan perubahan atas no change in these method and assumptions was
metode dan asumsi tersebut. necessary.
Penyusutan aset tetap untuk tahun-tahun yang The depreciation of fixed assets for the years ended
berakhir pada tanggal 31 Desember 2024 dan 2023 31 December 2024 and 2023 amounting to
masing-masing sebesar Rp 289.606 dan Rp 238.251 Rp 289,606 and Rp 238,251, was charged to general
dibebankan pada beban umum dan administrasi and administrative expenses (Note 37).
(Catatan 37).
Penyusutan aset hak guna untuk tahun-tahun yang The depreciation of right-of-use asset for the years
berakhir pada tanggal 31 Desember 2024 dan 2023 ended 31 December 2024 and 2023 amounting to
masing-masing sebesar Rp 197,217 dan Rp 211.586 Rp 197,217 and Rp 211,586, respectively, was
dibebankan pada beban umum dan administrasi charged to general and administrative expenses
(Catatan 37). (Note 37).
Pada tanggal 31 Desember 2024, aset tetap yang As of 31 December 2024, fixed assets that have been
sudah disusutkan penuh namun masih digunakan fully depreciated but were still in use to support the
untuk menunjang aktivitas operasi Grup adalah Group’s operational activities amounted to
sebesar Rp 2.140.637 (31 Desember 2023: Rp 2,140,637 (31 December 2023: Rp 1,414,538).
Rp 1.414.538).
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai atas aset tetap pada indication of impairment in the value of fixed assets as
tanggal 31 Desember 2024 dan 2023. of 31 December 2024 and 2023.
Pada tanggal 31 Desember 2024 dan 2023, tidak As of 31 December 2024 and 2023, there was no fixed
terdapat aset tetap yang digunakan sebagai jaminan asset pledged as collateral and no limitation on the
dan semua aset tetap tidak dibatasi kepemilikannya. ownership of fixed assets.
Revaluasi tanah Revaluation of land
Penilaian terakhir atas tanah terakhir dilakukan oleh The latest valuations of land were last perfomed by
Bank untuk periode berakhir 30 September 2023 oleh Bank for period ended 30 September 2023 by KJPP
KJPP Susan Widjojo dan Rekan, penilai properti Susan Widjojo dan Rekan, an external independent
independen eksternal yang telah terdaftar di OJK, property appraiser which are registered with OJK, who
yang memenuhi kualifikasi profesional dan fulfills the professional qualifications and experience in
berpengalaman di lokasi dan kategori aset yang the location and category of the assets being valued,
dinilai, dengan nomor laporan 00341/2.0068- with report number 00341/2.0068-
00/PI/07/0525/1/XII/2023 tanggal 7 Desember 2023. 00/PI/07/0525/1/XII/2023 dated 7 December 2023.
Penilaian atas tanah dilakukan oleh Entitas Anak The valuations of land were perfomed by Subsidiary
pada tahun 2024 oleh KJPP Susan Widjojo dan for period 2024 by KJPP Susan Widjojo dan Rekan, an
Rekan, penilai properti independen eksternal yang external independent property appraiser which are
telah terdaftar di OJK, yang memenuhi kualifikasi registered with OJK, who fulfills the professional
profesional dan berpengalaman di lokasi dan kategori qualifications and experience in the location and
aset yang dinilai. Dilakukan pembukuan atas surplus category of the assets being valued. The surplus on
revaluasi aset tanah pada tahun 2024. revaluation of land will be recorded in 2024.
Penilaian dilakukan berdasarkan POJKRI No. Valuations were performed based on POJKRI No.
28/POJK.04/2021 tentang Penilaian dan Penyajian 28/POJK.04/2021 about Valuation and Presentation of
Laporan Penilaian Properti di Pasar Modal, serta Property Valuation Reports in the Capital Market, as
Kode Etik Penilai Indonesia dan Standar Penilaian well as the Indonesian Appraisal Code of Ethics and
Indonesia Edisi VII tahun 2018 (KEPI & SPI Edisi VII- Indonesian Valuation Standards VII Edition 2018
2018). Metode penilaian yang dipakai adalah metode (KEPI & SPI VII Edition-2018). The valuation method
data pasar. Elemen-elemen yang digunakan dalam used was market value approach. Elements used in
perbandingan data untuk menentukan nilai wajar aset data comparison to determine fair value of assets,
antara lain: among others were as follows:
a) Jenis dan hak yang melekat pada properti a) Types and rights attached to the property
b) Karakteristik tanah b) Land characteristics
c) Kondisi pasar c) Market condition
d) Kondisi ekonomi d) Economy condition
e) Letak dan waktu e) Location and time
132
Page 543
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
16. ASET TETAP (lanjutan) 16. FIXED ASSETS (continued)
Revaluasi tanah (lanjutan) Revaluation of land (continued)
Nilai wajar ditentukan dengan menggunakan Fair values are determined using the following
hierarki dan input-input yang digunakan dalam hierarchy of input used in the valuation techniques for
teknis penilaian untuk aset non-keuangan: non-financial assets:
- Level 1: Input yang berasal dari harga kuotasian - Level 1: Inputs that are derived from quoted prices
(tanpa penyesuaian) dalam pasar aktif untuk aset (unadjusted) in active markets for identical assets.
yang identik.
- Level 2: Input selain harga kuotasian pasar dalam - Level 2: Inputs other than quoted market price
level 1 yang dapat diobservasi baik secara langsung included in level 1 that are observable either directly
maupun tidak langsung. or indirectly.
- Level 3: Input yang tidak dapat diobservasi. - Level 3: Inputs that are unobservable
Pengukuran nilai wajar diatas dikategorikan sebagai The above fair value measurement has been
nilai wajar Level 2 berdasarkan input-input dalam categorized as Level 2 fair value based on the inputs
teknik penilaian yang digunakan. to the valuation technique used.
Selisih penilaian kembali tanah pada tanggal The differences arising on land of revaluation as of
31 Desember 2024 dan 2023 dicatat sebagai 31 December 2024 and 2023 were recorded as gain
keuntungan revaluasi aset tetap dan disajikan pada on revaluation of fixed assets and presented in other
penghasilan komprehensif lain masing-masing comprehensive income amounting to Rp 7,814 and
sebesar Rp 7.814 dan Rp 79.772. Sampai dengan Rp 79,772, respectively. Until 31 December 2024,
31 Desember 2024, terdapat reklasifikasi revaluasi there is reclassification from revaluation of fixed
aset tetap ke saldo laba sebesar assets to retained earnings of Rp 19,179 caused by
Rp 19.179 yang disebabkan oleh penjualan aset sale of abandoned assets.
terbengkalai.
Jumlah harga perolehan tanah Grup pada tanggal The acquisition cost of the Group’s land as of
31 Desember 2024 dan 2023 sebesar Rp 80.254. 31 December 2024 and 2023 amounting to
Rp 80,254.
17. ASET TAKBERWUJUD DAN GOODWILL 17. INTANGIBLE ASSETS AND GOODWILL
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penambahan Saldo
Saldo awal/ dari akuisisi/ akhir/
Beginning Additions from Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance acquisition Additions Deductions Reclassification balance
Harga perolehan Cost
Piranti lunak 3,232,014) 986,055) 97,400) (81,138) 325,376) 4,559,707) Software
Pengembangan piranti
lunak 248,025) -) 237,193) -) (333,526) 151,692) Software development
Merek dagang -) 61,060) -) -) -) 61,060) Trademarks
Hubungan pelanggan -) 325,061) -) -) -) 325,061) Customer relationship
Total aset tak berwujud 3,480,039) 1,372,176) 334,593) (81,138) (8,150) 5,097,520) Total intangible assets
Goodwill 61,116 1,037,093) -) -) -) 1,098,209) Goodwill
Accumulated
Akumulasi amortisasi amortization
Piranti lunak (2,451,771) (585,495) (376,585) 74,593) -) (3,339,258) Software
Merek dagang -) -) (2,290) -) -) (2,290) Trademarks
Hubungan pelanggan -) -) (45,065) -) -) (45,065) Customer relationship
(2,451,771) (585,495) (423,940) 74,593) -) (3,386,613)
1,089,384) 2,809,116)
Nilai buku bersih Net book value
133
Page 544
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
17. ASET TAKBERWUJUD DAN GOODWILL 17. INTANGIBLE ASSETS AND GOODWILL
(lanjutan) (continued)
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deductions Reclassification balance
Harga perolehan Cost
Piranti lunak 2,799,890) 63,154) (31,036) 400,006) 3,232,014) Software
Pengembangan piranti lunak 376,931) 273,921) -) (402,827) 248,025) Software development
Total aset tak berwujud 3,176,821) 337,075) (31,036) (2,821) 3,480,039) Total intangible assets
Goodwill 61,116) -) -) - 61,116) Goodwill
Akumulasi amortisasi Accumulated amortization
Piranti lunak (2,161,199) (316,310) 28,329) (2,591) (2,451,771) Software
Nilai buku bersih 1,076,738) 1,089,384) Net book value
Sisa periode amortisasi untuk piranti lunak adalah The remaining amortization period of software is
1 sampai dengan 8 tahun. 1 to 8 years.
Goodwill merupakan selisih antara nilai perolehan Goodwill represents the difference between the cost of
dengan nilai wajar dari aset Entitas Anak yang acquisition and the fair value of Subsidiary’s assets
diakuisisi. acquired.
Pada 27 Maret 2024, terdapat penambahan merek In 27 March 2024, there is additional trademarks,
dagang, hubungan pelanggan, piranti lunak dan customer relationship, software and goodwill.
goodwill. Merek dagang, hubungan pelanggan dan Trademarks, customer relationship and software
piranti lunak berasal dari nilai valuasi atas akuisisi PT derived from valuation amount of acquisition of PT Oto
Oto Multiartha dan PT Summit Oto Finance. Goodwill Multiartha dan PT Summit Oto Finance. Goodwill
merupakan selisih antara nilai perolehan dengan nilai represents the difference between the cost of
wajar dari aset PT Oto Multiartha dan PT Summit Oto acquisition and the fair value of PT Oto Multiartha and
Finance yang masing-masing diakuisisi oleh Bank PT Summit Oto Finances assets acquired by the Bank
sebesar 51%. amounted 51%, respectively.
Manajemen Grup berpendapat bahwa tidak terdapat The Group’s management believes that there was no
indikasi adanya penurunan nilai aset takberwujud dan impairment in the value of intangible assets and
goodwill pada tanggal 31 Desember 2024 dan 2023. goodwill as of 31 December 2024 and 2023.
Amortisasi aset takberwujud untuk tahun-tahun yang The amortization of intangible assets for the years
berakhir pada tanggal 31 Desember 2024 dan 2023 ended 31 December 2024 and 2023 amounted to
masing-masing sebesar Rp 423.940 dan Rp 316.310 Rp 423,940 and Rp 316,310, respectively, and was
dan dibebankan sebagai beban umum dan charged to general and administrative expenses (Note
administrasi (Catatan 37). 37).
18. ASET LAIN-LAIN – BERSIH 18. OTHER ASSETS – NET
31 Desember/December
2024 2023
Tagihan kredit lainnya 306,728) 97,385) Other credit receivables
Wesel ekspor lainnya 260,408) 35,578) Other export bills
Agunan yang diambil alih 245,620) 91,459) Foreclosed collaterals
Uang muka 165,962) 14,834) Advance payment
Jaminan kontrak 159,467) 244,939) Security deposits
Tagihan penyelesaian surat berharga 85,780) 33,286) Receivables from sales of securities
Transaksi ATM dan transfer 72,881) 105,978) ATM transaction and transfer
Tagihan atas kerjasama dengan pihak Receivables from cooperation
ketiga 65,282) 221) with third parties
Aset imbalan kerja 17,147) -) Employee benefit assets
Aset dimiliki untuk dijual 11,352) -) Asset held for sale
Properti terbengkalai -) 21,099) Abandoned property
Term Deposit DHE -) 250,201) DHE Term Deposit
Lain-lain 219,332) 101,986) Others
1,609,959) 996,966)
Dikurangi: Cadangan kerugian penurunan
nilai (189,329) (105,572) Less: Allowance for impairment losses
1,420,630) 891,394)
134
Page 545
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET LAIN-LAIN – BERSIH (lanjutan) 18. OTHER ASSETS – NET (continued)
Tagihan kredit lainnya terdiri dari tagihan bunga Other credit receivables consist of overdue interest
yang masih tertunggak dari debitur sebelum receivables from debtors prior to restructuring and
restrukturisasi dan penalti keterlambatan bayar penalty for late payments of loans.
untuk pinjaman yang diberikan.
Wesel ekspor lainnya adalah tagihan yang timbul Other export bills are receivables from negotiation of
dari negosiasi dokumen wesel ekspor dalam export bills in usance L/C transactions which have
transaksi usance L/C yang belum diakseptasi. not been accepted.
Uang muka merupakan uang muka pembelian Advance payment consists of advances for purchace
inventaris, beban perjalanan dinas dan uang muka on office supplies, business trip allowances and other
operasional lainnya. operational advances.
Jaminan kontrak merupakan pembayaran atas uang Security deposits represent security deposits
jaminan sewa gedung, sewa IT dan setoran jaminan payment on building rent, IT rent and switching agent
lembaga switching untuk transaksi real time transfer. pre-fund deposits for real time transfer transactions.
Tagihan penyelesaian surat berharga merupakan Receivables from sales of securities represent
tagihan yang akan diterima dari pihak ketiga atas receivables from third parties for sales of securities
penjualan surat berharga yang belum diselesaikan which have not been settled at the end of the day.
pada akhir hari.
Transaksi ATM dan transfer terdiri dari piutang atas ATM transaction and transfer consists of receivables
transaksi ATM dan transfer antar bank yang akan from ATM transaction and transfer from other banks
diselesaikan pada hari kerja berikutnya. that will be settled on the following working day.
Aset imbalan kerja merupakan kelebihan Employee benefit assets derived from overfunding in
pendanaan pada aset program di mana terdapat plan asset program which provide future economic
manfaat ekonomik masa depan untuk entitas. benefit to the entity.
Term Deposit DHE adalah instrumen untuk DHE Term Deposit is an instrument to facilitate the
memfasilitasi penempatan Dana Hasil Ekspor (DHE) placement of Dana Hasil Ekspor (DHE) by exporters
oleh eksportir di Bank Indonesia, dengan mekanisme at Bank Indonesia, with a pass-on mechanism for
pass on transaksi bank dengan nasabah (eksportir) bank transactions with customers (exporters) to Bank
kepada Bank Indonesia. Bank mencatat Term Deposit Indonesia. The Bank records DHE Term Deposit in
DHE tersebut pada akun aset lain-lain dan kewajiban the other assets account and liabilities to customers
kepada nasabah (eksportir) pada akun liabilitas (exporters) in the other liabilities account with same
lain-lain dengan nilai yang sama. amount.
Lain-lain terdiri dari berbagai macam tagihan dari Others mainly consist of various receivables from
transaksi kepada pihak ketiga. transactions with third parties.
135
Page 546
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
18. ASET LAIN-LAIN – BERSIH (lanjutan) 18. OTHER ASSETS – NET (continued)
Cadangan kerugian penurunan nilai aset lain-lain Allowance for impairment losses for other assets as
pada tanggal 31 Desember 2024 dan 2023 dibentuk of 31 December 2024 and 2023 was made mainly
sebagian besar untuk tagihan kredit lainnya. made for other credit receivables. The movement of
Perubahan dalam cadangan kerugian penurunan the allowance for impairment losses for other assets
nilai aset lain-lain adalah sebagai berikut: was as follows:
31 Desember/December
2024 2023
Saldo awal (105,572) (52,507) Beginning balance
Penambahan dari akuisisi (59,862) -) Addition due to acquisition
Penyisihan selama Provision during
tahun berjalan (Catatan 38) (23,895) (53,065) the year (Note 38)
Saldo akhir (189,329) (105,572) Ending balance
Manajemen berpendapat bahwa cadangan yang Management believes that the allowance for losses
dibentuk cukup untuk menutup kemungkinan was adequate to cover impairment losses on other
kerugian akibat penurunan nilai aset lain-lain pada assets as of 31 December 2024 and 2023.
tanggal 31 Desember 2024 dan 2023.
19. LIABILITAS SEGERA 19. OBLIGATIONS DUE IMMEDIATELY
Seluruh liabilitas segera dengan pihak ketiga. All obligations due immediately were to third parties.
31 Desember/December
2024 2023
Rupiah: Rupiah:
Titipan transaksi surat berharga 20,771 19,844) Unsettled securities transaction
Hutang kepada pihak ketiga 15,935 16,336) Payables to third parties
Titipan uang notaris 3,032 1,296) Unsettled notary transactions
Titipan bagi hasil deposito 2,142 3,943) Unsettled profit-sharing of time deposits
Kewajiban penutupan tabungan - 14,253) Saving deposit closing obligation
Lain-lain 5,976 11,363) Others
47,856 67,035)
Mata uang asing: Other currencies:
Titipan transaksi surat berharga 946 4,565) Unsettled securities transaction
Kewajiban penutupan tabungan - 6) Saving deposit closing obligation
Lain-lain 96 -) Others
48,898 71,606)
Titipan transaksi surat berharga merupakan Unsettled securities transaction represent the
tampungan atas uang penjualan surat berharga payment of securities that have not been settled.
yang belum diselesaikan.
Titipan uang pensiun merupakan tampungan uang Unsettled pension funds represent the customer’s
pembayaran pensiun nasabah yang akan retirement payments that will be paid to the
dibayarkan ke rekening nasabah. customer’s bank account.
136
Page 547
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH 20. DEPOSITS FROM CUSTOMERS
31 Desember/December
2024 2023
Pihak ketiga: Third parties:
- Giro 25,495,855 26,578,680) Current accounts -
- Tabungan 18,955,433 16,580,693) Savings deposits -
- Deposito berjangka 49,265,819 40,975,031) Time deposit -
- Deposito on call 17,679,561 13,659,076) Deposits on call -
111,396,668 97,793,480)
Pihak berelasi: Related parties:
- Giro 89,637 50,003) Current accounts -
- Tabungan 72,353 88,170) Savings deposits -
- Deposito berjangka 134,801 106,953) Time deposits -
- Deposito on call 25,000 239,150) Deposits on call -
321,791 484,276)
111,718,459 98,277,756)
Beban bunga yang masih harus dibayar 267,398 179,647) Accrued interest expenses
111,985,857 98,457,403)
Berdasarkan mata uang: By currency:
31 Desember/December
2024 2023
Simpanan nasabah: Deposits from customers:
Rupiah 89,872,417 75,476,253) Rupiah
Dolar Amerika Serikat 19,420,933 19,815,371) United States Dollar
Yen Jepang 1,903,548 2,564,810) Japanese Yen
Mata uang asing lainnya 521,561 421,322) Other foreign currencies
111,718,459 98,277,756)
Beban bunga yang masih harus dibayar 267,398 179,647) Accrued interest expenses
111,985,857 98,457,403)
a. Giro a. Current accounts
Berdasarkan mata uang: By currency:
31 Desember/December
2024 2023
Rupiah 16,496,150 15,846,676) Rupiah
Dolar Amerika Serikat 7,386,936 8,735,833) United States Dollar
Yen Jepang 1,565,974 1,928,682) Japanese Yen
Mata uang asing lainnya 136,432 117,492) Other foreign currencies
25,585,492 26,628,683)
Beban bunga yang masih harus
dibayar 1,986 5,960) Accrued interest expenses
25,587,478 26,634,643)
Giro Wadiah yang dikelola oleh Entitas Anak Wadiah current account managed by Subsidiary
masing-masing sebesar Rp 6.793 dan amounted to Rp 6,793 and Rp 24,009 as of
Rp 24.009 pada tanggal 31 Desember 2024 31 December 2024 and 2023, respectively.
dan 2023.
137
Page 548
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
a. Giro (lanjutan) a. Current accounts (continued)
Tingkat suku bunga rata-rata giro per tahun: The average interest rate per annum for current
accounts:
31 Desember/December
2024 2023
Rupiah 2.04% 1.64%) Rupiah
Mata uang asing 1.66% 1.85%) Foreign currencies
Saldo giro yang diblokir masing-masing Total current accounts which were blocked
sebesar Rp 455.495 dan Rp 329.041 pada amounted to Rp 455,495 and Rp 329,041 as of
tanggal 31 Desember 2024 dan 2023. 31 December 2024 and 2023, respectively. The
Pemblokiran giro sebagian besar dikarenakan blocking of current accounts is mainly because
giro tersebut diperuntukkan sebagai akun the current accounts are designated as escrow
tampungan untuk cicilan pinjaman yang accounts for loan installments and as collaterals
diberikan dan sebagai agunan pinjaman yang for loans.
diberikan.
b. Tabungan b. Saving deposits
Berdasarkan jenis: By type:
31 Desember/December
2024 2023
Tabungan “Jenius” 13,832,695 11,395,916) “Jenius” Savings
Tabungan “Citra Pensiun” 2,281,503 2,155,288) “Citra Pensiun” Savings
Tabungan “Tepat Tabungan “Tepat Tabungan Kelompok Syariah”
Kelompok Syariah” 2,062,460 2,140,799) Savings
Tabungan “Se To” 647,240 738,244) “Se To” Savings
Tabungan “Pasti” 131,140 154,263) “Pasti” Savings
Tabungan “Tepat Tabungan” 55,559 57,010) “Tepat Tabungan” Savings
Lain-lain 17,189 27,343) Others
19,027,786 16,668,863)
Beban bunga yang masih harus
dibayar 1,737 1,499) Accrued interest expenses
19,029,523 16,670,362)
Berdasarkan mata uang: By currency:
31 Desember/December
2024 2023
Simpanan nasabah Deposits from customers
Rupiah 17,543,742 15,660,285) Rupiah
Dolar Amerikat Serikat 806,392 543,438) United States Dollar
Yen Jepang 315,975 215,605) Japanese Yen
Mata uang asing lainnya 361,677 249,535) Other foreign currencies
19,027,786 16,668,863)
Beban bunga yang masih harus
dibayar 1,737 1,499) Accrued interest expenses
19,029,523 16,670,362)
138
Page 549
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
b. Tabungan (lanjutan) b. Saving deposits (continued)
Tingkat suku bunga rata-rata tabungan per Average interest rate per annum for saving
tahun: deposits:
31 Desember/December
2024 2023
Rupiah 2.56% 1.86%) Rupiah
Mata uang asing 1.50% 1.34%) Foreign currencies
Saldo tabungan yang diblokir pada tanggal Total saving deposits which were blocked as of
31 Desember 2024 dan 2023 masing-masing 31 December 2024 and 2023 amounted to
sebesar Rp 5.772.910 dan Rp 4.384.408. Rp 5,772,910 and Rp 4,384,408, respectively.
Pemblokiran tabungan sebagian besar The blocking of saving accounts is mainly
dikarenakan tabungan tersebut diperuntukkan because the saving accounts are designated as
sebagai dana nasabah yang tidak dapat ditarik customer funds that cannot be withdrawn until the
hingga tanggal jatuh tempo yang telah specified maturity date.
ditentukan.
c. Deposito berjangka c. Time deposits
Berdasarkan mata uang: By currency:
31 Desember/December
2024 2023
Deposito berjangka Time Deposits
Rupiah 42,661,896 35,300,062) Rupiah
Dolar Amerika Serikat 6,705,975 5,673,926) United States Dollar
Dolar Singapura 23,452 54,295) Singapore dollar
Yen Jepang 9,297 53,701) Japanese Yen
49,400,620 41,081,984)
Beban bunga yang masih harus
dibayar 194,118 143,663) Accrued interest expenses
49,594,738 41,225,647)
Berdasarkan jangka waktu: By time period:
31 Desember/December
2024 2023
Hingga 1 bulan 23,320,389 24,720,307) Up to 1 month
Lebih dari 1 - 3 bulan 16,197,359 11,175,601) More than 1 - 3 months
Lebih dari 3 - 6 bulan 5,872,338 2,601,838) More than 3 - 6 months
Lebih dari 6 - 12 bulan 3,995,992 2,570,983) More than 6 - 12 months
Lebih dari 1 tahun 14,542 13,255) More than 1 year
49,400,620 41,081,984)
Beban bunga yang masih harus
dibayar 194,118 143,663) Accrued interest expenses
49,594,738 41,225,647)
139
Page 550
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
c. Deposito berjangka (lanjutan) c. Time deposits (continued)
Berdasarkan tingkat suku bunga: By interest rate:
31 Desember/December
2024 2023
Hingga 3% 1,466,679 679,070) Up to 3%
Lebih dari 3 - 5% 19,361,515 25,049,460) More than 3 - 5%
Lebih dari 5 - 7% 28,572,426 15,353,454) More than 5 - 7%
49,400,620 41,081,984)
Beban bunga yang masih harus
dibayar 194,118 143,663) Accrued interest expenses
49,594,738 41,225,647)
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for time
deposito: deposits:
31 Desember/December
2024 2023
Rupiah 5.30% 4.78%) Rupiah
Mata uang asing 4.65% 4.03%) Foreign currencies
Saldo deposito berjangka yang diblokir atau Total time deposits blocked or pledged for
dijadikan jaminan kredit pada tanggal collaterals of loans as of 31 December 2024 and
31 Desember 2024 dan 2023, masing-masing 2023 amounted to Rp 503,134 and Rp 265,002,
sebesar Rp 503.134 dan Rp 265.002. respectively. The blocking of time deposits is
Pemblokiran deposito berjangka sebagian mainly because the time deposits are
besar dikarenakan deposito berjangka tersebut designated as collateral for loans and escrow
diperuntukkan sebagai agunan pinjaman yang accounts for loan installments.
diberikan dan sebagai akun tampungan untuk
cicilan pinjaman yang diberikan.
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
d. Deposito on call d. Deposits on call
Berdasarkan mata uang: By currency:
31 Desember/December
2024 2023
Deposito on call Deposits on call
Rupiah 13,170,629 8,669,230) Rupiah
Dolar Amerika Serikat 4,521,630 4,862,174) United States Dollar
Yen Jepang 12,302 366,822) Japanese Yen
17,704,561 13,898,226)
Beban bunga yang masih harus
dibayar 69,557 28,525) Accrued interest expenses
17,774,118 13,926,751)
140
Page 551
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
20. SIMPANAN NASABAH (lanjutan) 20. DEPOSITS FROM CUSTOMERS (continued)
d. Deposito on call (lanjutan) d. Deposits on call (continued)
Tingkat suku bunga rata-rata per tahun untuk Average interest rate per annum for deposits on call:
deposito on call:
31 Desember/December
2024 2023
Rupiah 5.19% 4.59% Rupiah
Mata uang asing 4.38% 4.33% Foreign currencies
21. SIMPANAN DARI BANK-BANK LAIN 21. DEPOSITS FROM OTHER BANKS
31 Desember/December
2024 2023
Pihak ketiga 58,472 1,253,579 Third parties
Pihak berelasi 699,242 9,561,059 Related parties
757,714 10,814,638
Beban bunga yang masih harus
dibayar - 7,483 Accrued interest expenses
757,714 10,822,121
a. Berdasarkan jenis: a. By type:
31 Desember/December
2024 2023
Giro 752,714 349,438 Current accounts
Deposito berjangka 5,000 2,000 Time deposits
Call money - 10,463,200 Call money
757,714 10,814,638
Beban bunga yang masih harus
dibayar - 7,483 Accrued interest expenses
757,714 10,822,121
Tidak ada saldo simpanan dari bank-bank lain There were no deposits from other banks which
yang diblokir atau dijadikan jaminan pada were blocked or pledged as of
tanggal 31 Desember 2024 dan 2023. 31 December 2024 and 2023.
b. Berdasarkan mata uang: b. By currency:
31 Desember/December
2024 2023
Rupiah 757,714 1,576,438) Rupiah
Dolar Amerika Serikat - 9,238,200) United States Dollar
757,714 10,814,638)
Beban bunga yang masih harus
dibayar - 7,483) Accrued interest expenses
757,714 10,822,121)
141
Page 552
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
21. SIMPANAN DARI BANK-BANK LAIN (lanjutan) 21. DEPOSITS FROM OTHER BANKS (continued)
c. Tingkat suku bunga rata-rata per tahun: c. Average interest rate per annum:
31 Desember/December
2024 2023
Rupiah Rupiah
Call money 6.69% 6.17%) Call money
Deposito berjangka 4.06% 2.44%) Time deposits
Giro 0.00% 0.00%) Current accounts
Dolar Amerika Serikat United States Dollar
Call money 6.06% 6.03%) Call money
d. Jangka waktu: d. Time period:
31 Desember/December
2024 2023
Sesuai permintaan 752,714 349,438) On demand
Hingga 1 bulan - 8,592,545) Up to 1 month
Lebih dari 1 - 3 bulan 5,000 1,872,655) More than 1 - 3 months
757,714 10,814,638)
Beban bunga yang masih harus
dibayar - 7,483) Accrued interest expenses
757,714 10,822,121)
Informasi mengenai sisa periode sampai Information regarding remaining period to
dengan tanggal jatuh tempo diungkapkan pada maturity date was disclosed in Note 45.
Catatan 45.
22. EFEK-EFEK YANG DITERBITKAN 22. SECURITIES ISSUED
Utang obligasi Bonds payable
Peringkat/ 31 Desember/December
Rating 2024 2023
Nilai nominal: Nominal value:
Bank Bank
- Obligasi Berkelanjutan IV Shelf Registered Bonds IV -
Tahap I AAA(idn)* - 201,000) Phase I
- Obligasi Berkelanjutan V Shelf Registered Bonds V -
Tahap I AAA(idn)* 355,060 -) Phase I
- Obligasi Berkelanjutan V Shelf Registered Bonds V -
Tahap II AAA(idn)* 1,396,415 - Phase II
1,751,475 201,000)
Entitas Anak Subsidiary
- Obligasi Berkelanjutan I Oto Shelf Registered Bonds I -
Multiartha Tahap I Tahun Phase I Year 2023
2023 AA+(idn)** 500,000 -)
- Obligasi Berkelanjutan I Oto Shelf Registered Bonds IV -
Multiartha I Tahap II Tahun Phase II Year 2024
2024 AAA(idn)** 700,000 -)
Dikurangi: Less:
Biaya emisi yang belum Unamortized bonds
diamortisasi (11,551) (431) issuance costs
2,939,924 200,569)
Ditambah: Add:
Beban bunga yang masih harus
dibayar 21,117 1,514) Accrued interest expenses
2,961,041 202,083)
*) Berdasarkan peringkat dari PT Fitch Ratings Indonesia *) Based on rating by PT Fitch Ratings Indonesia
**) Berdasarkan peringkat dari PT Pemeringkat Efek Indonesia **) Based on rating by PT Pemeringkat Efek Indonesia
142
Page 553
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
Utang obligasi (lanjutan) Bonds payable (continued)
31 Desember/December
2024 2023
Utang obligasi sesuai dengan Bonds payable based on
jangka waktunya: time period:
Kurang dari 1 tahun 255,270 -) Less than 1 year
1 – 3 tahun 429,705 -) 1 – 3 years
Lebih dari 3 tahun 2,266,500 201,000) More than 3 years
2,951,475 201,000)
Informasi lain mengenai utang obligasi pada tanggal Other information relating to bonds payable as of
31 Desember 2024 dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 was as follows:
Tingkat bunga
Nilai tetap/ Tanggal
nominal/ Fixed penerbitan/
Seri/ Nominal interest Date of Jatuh tempo/ Cicilan pokok obligasi/
Series value rate issuance Due date Bonds principal installment
Obligasi Berkelanjutan IV Tahap I/Shelf Registered Bonds IV Phase I:
Seri/ 201,000 7.75% 27 November/ 26 November/ Pembayaran penuh pada saat jatuh
Series B November 2019 November 2024 tempo/Bullet payment on due date
Obligasi Berkelanjutan V Tahap I/Shelf Registered Bonds V Phase I:
Seri/ 114,755 7.00% 5 Juli/July 2024 5 Juli/July 2027 Pembayaran penuh pada saat jatuh
Series A tempo/Bullet payment on due date
Seri/ 240,305 7.10% 5 Juli/July 2024 5 Juli/July 2029 Pembayaran penuh pada saat jatuh
Series B tempo/Bullet payment on due date
Obligasi Berkelanjutan V Tahap II/Shelf Registered Bonds V Phase II:
Seri/ 429,910 6.70% 17 Desember/ 17 Desember/ Pembayaran penuh pada saat jatuh
Series A December 2024 December 2027 tempo/Bullet payment on due date
Seri/ 966,505 6.95% 17 Desember/ 17 Desember/ Pembayaran penuh pada saat jatuh
Series B December 2024 December 2029 tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap I/Oto Multiartha Shelf Registered Bonds I Phase I:
Seri/ 315,000 6.35% 7 Juli/July 2023 7 Juli/July 2026 Pembayaran penuh pada saat jatuh
Series A tempo/Bullet payment on due date
Seri/ 185,000 6.50% 7 Juli/July 2023 7 Juli/July 2028 Pembayaran penuh pada saat jatuh
Series B tempo/Bullet payment on due date
Obligasi Berkelanjutan I Oto Multiartha Tahap II/Oto Multiartha Shelf Registered Bonds I Phase II:
Seri/ 255,270 6.55% 4 September/ 14 September/ Pembayaran penuh pada saat jatuh
Series A September September tempo/Bullet payment on due date
2024 2025
Seri/ 114,705 6.90% 4 September/ 4 September/ Pembayaran penuh pada saat jatuh
Series B September September tempo/Bullet payment on due date
2024 2027
Seri/ 330,025 7.10% 4 September/ 4 September/ Pembayaran penuh pada saat jatuh
Series C September September tempo/Bullet payment on due date
2024 2029
Pembayaran bunga obligasi dilakukan setiap Bonds interests are paid every 3 months and bonds
3 bulan dan pembayaran pokok dilakukan pada saat principals are paid on the maturity date. The Group
jatuh tempo. Grup telah melakukan pembayaran has paid the bonds principal and interest based on
pokok dan bunga obligasi sesuai dengan jadwal. the schedule.
Bank Bank
Perjanjian perwaliamanatan mengatur beberapa The trustee agreements provide several negative
pembatasan yang harus dipenuhi oleh Bank, yaitu covenants that should be complied by the Bank, that
antara lain bahwa sebelum dilunasinya obligasi, among others, prior to the repayment of the bonds,
Bank tanpa ijin tertulis dari wali amanat, tidak the Bank, without the written permission from the
diperkenakan melakukan hal-hal sebagai berikut: trustee, is not allowed to do the followings:
1. Mengurangi modal dasar, modal ditempatkan 1. Decrease the authorized capital, issued capital
dan modal disetor, kecuali untuk kondisi and paid-up capital, except for the certain
tertentu sebagaimana yang disebutkan dalam conditions as sated in the Trustee Agreement;
Perjanjian Perwaliamanatan;
143
Page 554
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
Bank (lanjutan) Bank (continued)
Perjanjian perwaliamanatan mengatur beberapa The trustee agreements provide several negative
pembatasan yang harus dipenuhi oleh Bank, yaitu covenants that should be complied by the Bank, that
antara lain bahwa sebelum dilunasinya obligasi, among others, prior to the repayment of the bonds,
Bank tanpa ijin tertulis dari wali amanat, tidak the Bank, without the written permission from the
diperkenakan melakukan hal-hal sebagai berikut: trustee, is not allowed to do the followings:
(lanjutan) (continued)
2. Melakukan penggabungan dan/atau 2. Conducting merger and/or separation and/or
pemisahan dan/atau peleburan dengan acquisition with other companies that cause the
perusahaan lain yang menyebabkan bubarnya dissolution of the Bank, which will materially
Bank, yang secara material akan berdampak negatively affect the continuity of the Bank's
negatif terhadap kelangsungan usaha Bank business or the Bank's ability to fulfill the Bank's
atau kemampuan Bank dalam pemenuhan obligations to the Bonds, except for the certain
kewajiban Bank terhadap obligasi, kecuali conditions as stated in the Trustee Agreement;
untuk kondisi tertentu sebagaimana yang
disebutkan dalam Perjanjian
Perwaliamanatan;
3. Melakukan transaksi dengan pihak Afiliasi 3. Conduct transactions with affiliated parties
kecuali bila transaksi tersebut tidak melanggar except if the transaction does not comply with
ketentuan BI dan/atau ketentuan OJK; BI regulations and/or OJK regulations;
4. Menerbitkan obligasi atau instrumen surat 4. Issuing bonds or other debt instruments that is
utang lain yang sejenis dengan obligasi yang similar with bonds that have a higher position,
mempunyai kedudukan lebih tinggi, dan and the payment is prior to the bonds;
pembayarannya didahulukan dari obligasi;
5. Melakukan kegiatan usaha selain yang 5. Conducting business activities other than those
disebutkan dalan anggaran dasar Bank pada stated in the articles of association of the Bank
saat ditandatanganinya Perjanjian at the time of signing the Trustee Agreement;
Perwaliamanatan;
6. Melakukan penjualan atau pengalihan aktiva 6. To sell or transfer assets belonging to the Bank
milik Bank kepada pihak manapun, baik to any party, either in whole or in part, which
seluruhnya atau sebagian besar, yang exceeds 50% of all assets belonging to the
melebihi 50% dari seluruh aktiva milik Bank Bank based on the latest audited financial
bedasarkan laporan keuangan terakhir yang statements by a public accounting firm.
telah diaudit oleh kantor akuntan publik.
Entitas Anak Subsidiary
Obligasi Oto Multiartha tercatat di Bursa Efek Oto Multiartha Bonds were listed at the Indonesian
Indonesia dengan PT Bank Mandiri (Persero) Tbk Stock Exchange with PT Bank Mandiri (Persero) Tbk
sebagai wali amanat. as the trustee.
Entitas Anak tidak menyelenggarakan penyisihan The Subsidiary does not put up a sinking fund for the
dana untuk pelunasan obligasi ini. Obligasi ini repayment of bonds. Instead, these bonds are
dijamin dengan piutang pembiayaan dengan nilai secured by designated financing receivables that in
jaminan secara agregat tidak boleh kurang dari 60% aggregate should not amount to less than 60% of the
nilai pokok obligasi yang terutang sebagaimana outstanding bonds’ principal as documented in the
termuat dalam Akta Pembebanan Jaminan secara Deed of Fiduciary Collateral between PT Oto
Fidusia antara PT Oto Multiartha dan PT Bank Multiartha and PT Bank Mandiri (Persero) Tbk., as
Mandiri (Persero) Tbk. Sebagai wali amanat yang the trustee which was prepared by Dedy Syamri,
dibuat oleh Dedy Syamri, S.H., notaris di Jakarta. S.H., notary in Jakarta.
Entitas Anak dapat memberli kembali (buy back) The Subsidiary can buy back or sell part or all the
atau menjual obligasi baik seluruhnya maupun bonds issued in the market. Buy back can be made
sebagian di pasar terbuka. Pembelian kembali at any tie 1 (one) year after the allotment date as
dapat dilakukan setiap saat setelah 1 (satu) tahun mentioned in the prospectus.
setelah tanggal penjatahan sebagaimana
disebutkan dalam prospektus.
144
Page 555
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
22. EFEK-EFEK YANG DITERBITKAN (lanjutan) 22. SECURITIES ISSUED (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Perjanjian perwaliamanatan mengatur beberapa The trustee agreement provides several restrictive
pembatasan termasuk pembatasan keuangan (rasio covenants as well as financial covenant (debt to
utang terhadap modal) yang harus dipenuhi oleh PT equity ratio) that should be complied by PT Oto
Oto Multiartha yaitu antara lain bahwa sebelum Multiartha, that among others, prior to the repayment
dilunasinya obligasi, PT Oto Multiartha tanpa ijin of the bonds payable, without the written consent
tertulis dari wali amanat, tidak diperkenankan from the trustee, PT Oto Multiartha is not allowed to:
melakukan hal-hal sebagai berikut:
1. Melakukan penggabungan atau peleburan atau 1. Conduct merger or acquisition or take over
pengambilalihan kecuali penggabungan, except for merger or acquisition or take overheld
peleburan atau pengambilalihan yang by PT Summit Oto Finance or with other
dilakukan dengan atau pada PT Summit Oto company under similar business activities with
Finance atau pada perusahaan lain dengan no negative impact to the PT Oto Multiartha’s
bidang usaha yang sama dan tidak mempunyai going concern or its ability to pay its bonds
dampak negatif terhadap jalannya usaha obilgations;
PT Oto Multiartha atau kemampuan
PT Oto Multiartha dalam melakukan
pembayaran kewajiban obligasinya;
2. Memperoleh pinjaman baru yang memiliki 2. Obtain a new loan which has higher ranking
kedudukan lebih tinggi dari kedudukan utang than the bonds payable, except for the
yang timbul dalam obligasi, kecuali pinjaman borrowing for financing PT Oto Multiartha’s
untuk pembiayaan kegiatan usaha PT Oto business activities, refinancing of existing
Multiartha, refinancing utang yang telah ada dan borrowing and existing borrowings from the
pinjaman yang telah ada sebelumnya oleh other company that conducted merger or
perusahaan yang diambil alih, digabung atau acquisition or take over with;
dilebur;
3. Menjaminkan dan/atau membebani dengan 3. Pledge and/or encumber in any manner the
cara apapun aset termasuk hak atas assets of PT Oto Multiartha, both for the existing
pendapatan PT Oto Multiartha, baik yang ada and future assets, except for security pursuant
sekarang maupun yang akan diperoleh di masa to the trustee agreement (if any) and security
yang akan datang, kecuali jaminan yang akan related to the allowed borrowings;
diberikan kepada Wali Amanat (jika ada) dan
jaminan sehubungan dengan pinjaman yang
diperbolehkan;
4. Memberikan pinjaman kepada pihak manapun 4. Provide loan to any party except for the
kecuali pinjaman yang telah ada sebelumnya, previously existing loans receivable, loans
pinjaman yang diberikan dalam rangka receivable arising from PT Oto Multiartha’s
menjalankan kegiatan usaha PT Oto Multiartha, business activities, and loans to the employees
dan pinjaman kepada karyawan of PT Oto Multiartha for the welfare program;
PT Oto Multiartha untuk program kesejahteraan
pegawai PT Oto Multiartha;
5. Mengubah bidang usaha PT Oto Multiartha 5. Change PT Oto Multiartha’s business activities
sesuai dengan Anggaran Dasar terkecuali from the Articles of Association, except in
dalam kaitannya dengan perubahan undang- relation to amendment to prevailing acts or law
undang atau peraturan perundang-undangan; and regulations;
6. Mengurangi modal dasar, modal ditempatkan 6. Decrease PT Oto Multiartha’s authorized,
dan modal disetor; issued and paid-up capital;
7. Mengadakan segala bentuk kerjasama, bagi 7. Enter into any forms of cooperation, profit
hasil atau perjanjian serupa lainnya diluar sharing or other similar agreement outside daily
kegiatan usaha PT Oto Multiartha sehari-hari, business activities of PT Oto Multiartha, or
atau mengadakan perjanjian manajemen atau conducting management agreement or other
perjanjian serupa lainnya yang mengakibatkan similar agreements which cause the business
kegiatan/operasi PT Oto Multiartha diatur oleh operation of PT Oto Multiartha to be controlled
pihak lain. by other party.
Grup telah memenuhi pembatasan-pembatasan The Group was in compliance with covenants in
penting sehubungan dengan perjanjian utang relation to the bonds payable agreements and
obligasi dan memenuhi seluruh persyaratan yang complied with all the requirements stated in the
disebutkan dalam perjanjian perwaliamanatan. trustee agreement.
Beban bunga atas utang obligasi untuk tahun-tahun The interest expenses of bonds payable for for the
yang berakhir pada tanggal 31 Desember 2024 dan years ended 31 December 2024 and 2023
2023 masing-masing sebesar Rp 74.585 dan amounted to Rp 74,585 and Rp 16,013, respectively
Rp 16.013 (Catatan 32). (Note 32).
Informasi mengenai jatuh tempo utang obligasi Information in respect of maturities of bonds payable
diungkapkan di Catatan 45. was disclosed in Note 45.
145
Page 556
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA 23. BORROWINGS
Pinjaman yang diterima terdiri dari pinjaman bank Borrowings consists of bank borrowings and non-
dan pinjaman bukan bank yang dilakukan dengan bank borrowings with related parties and third parties.
pihak berelasi dan pihak ketiga.
31 Desember/December
2024 2023
Pihak ketiga: Third parties:
Rupiah Rupiah
Pinjaman bank: Bank borrowings:
PT Bank Central Asia Tbk 5,822,569) 6,000,000) PT Bank Central Asia Tbk
PT Bank Rakyat Indonesia Tbk 500,000) -) PT Bank Rakyat Indonesia Tbk
PT Bank Permata Tbk 277,777) -) PT Bank Permata Tbk
PT Bank Mizuho Indonesia 180,000) -) PT Bank Mizuho Indonesia
PT Bank DBS Indonesia 180,000) -) PT Bank DBS Indonesia
6,960,346) 6,000,000)
Pinjaman bukan bank: Non-bank borrowings:
International Finance Corporation 1,364,600) 2,063,850) International Finance Corporation
8,324,946) 8,063,850)
Mata uang asing Foreign currencies
Pinjaman bank: Bank borrowings:
Sumitomo Mitsui Trust Bank Sumitomo Mitsui Trust Bank Limited –
Limited – Cabang Singapore 2,165,708) -) Singapore Branch
MUFG Bank, Ltd. – Cabang MUFG Bank, Ltd. – Jakarta Branch
Jakarta 2,141,465) -)
Mizuho Bank, Ltd. 1,862,952) -) Mizuho Bank, Ltd.
Bank of America, N.A – Cabang Bank of America, N.A –
Jakarta 1,600,039) -) Jakarta Branch
Deutsche Bank AG - Deutsche Bank AG –
Cabang Tokyo 1,151,550) -) Tokyo Branch
The Norinchukin Bank - Cabang The Norinchukin Bank -
Singapura 1,295,661) -) Singapore Branch
The Chiba Bank, Ltd. - Cabang The Chiba Bank, Ltd. –
Hong Kong 484,860) -) Hong Kong Branch
10,702,235) -)
Pinjaman bukan bank: Non-bank borrowings:
International Finance Corporation 8,047,500) 4,619,100) International Finance Corporation
18,749,735) 4,619,100)
Jumlah pihak ketiga 27,074,681) 12,682,950) Total third parties
Pihak berelasi: Related party:
Mata uang asing Foreign currencies
Pinjaman bank: Bank borrowings:
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 22,452,525) 18,569,798) Corporation
49,527,206) 31,252,748)
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (113,321) (48,251) Unamortized transaction costs
Ditambah: Add:
Beban bunga yang masih harus
dibayar 244,342) 151,020) Accrued interest expenses
49,658,227) 31,355,517)
146
Page 557
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank a) Bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/December
2024 2023
Hingga 1 tahun 4,605,134) -) Up to 1 year
Lebih dari 1 - 2 tahun 11,642,256) 16,392,975) More than 1 - 2 years
Lebih dari 2 – 3 tahun 15,462,900) 170,383) More than 2 - 3 years
Lebih dari 3 tahun 8,404,816) 8,006,440) More than 3 years
40,115,106) 24,569,798)
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (45,835) - Upfront fee
Ditambah: Add:
Beban bunga yang masih harus
dibayar 170,960) 52,745) Accrued interest expenses
40,240,231) 24,622,543)
Bank Bank
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
Asia Tbk
Bank memiliki 5 fasilitas Pinjaman Bilateral dari The Bank had 5 Bilateral Borrowing facilities
PT Bank Central Asia Tbk yang ditandatangani from PT Bank Central Asia Tbk which were
pada rentang waktu tahun 2009 hingga 2024, signed during 2009 to 2022, with total facilities
dengan total fasilitas sebesar Rp 5.000.000, amounted to Rp 5,000,000, with details as
dengan detil sebagai berikut: follows:
a) Perjanjian pinjaman revolving Term Loan I a) The facility agreement of revolving Term
sebesar Rp 500.000 yang ditandatangani Loan I amounting to Rp 500,000 was signed
pada tanggal 15 Mei 2009 dan telah on 15 May 2009 and had been extended
diperpanjang beberapa kali dengan several times with the latest extension was
perpanjangan terakhir kali ditandatangani signed on 12 May 2022.
pada tanggal 12 Mei 2022.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 18 (delapan belas) bulan 18 (eighteen) months from the date of
dari tanggal perjanjian kredit. agreement.
Fasilitas harus ditarik dalam 18 (delapan The facility should be fully drawndown within
belas) bulan sejak tanggal perjanjian 18 (eighteen) months from the date of
kredit. Periode bunga adalah setiap agreement. The interest period is
3 (tiga) bulan berdasarkan suku bunga 3 (three) months based on JIBOR interest
JIBOR, dengan pembayaran bunga rate and the interest will be paid every due
dilakukan setiap tanggal jatuh tempo. Suku date. The interest rate for this facility is
bunga terhadap pinjaman ini adalah JIBOR JIBOR + 0.40% shall be calculated from
+ 0,40% berlaku terhitung sejak tanggal 13 May 2022 until the final maturity date.
13 Mei 2022 hingga tanggal jatuh tempo
terakhir.
Pada tanggal 28 Desember 2023, Bank On 28 December 2023, the Bank made a
melakukan penarikan sebesar Rp 500.000, withdrawal of Rp 500,000, with a maturity
dengan jatuh tempo pada 13 Mei 2025. date on 13 May 2025.
b) Perjanjian pinjaman Revolving Term Loan b) The facility agreement of Revolving Term
III sebesar Rp 1.000.000 yang Loan III amounting to Rp 1,000,000 was
ditandatangani pada tanggal 1 April 2015 signed on 1 April 2015 and had been
dan telah diperpanjang beberapa extended several times with the latest
kali dengan perpanjangan terakhir extension was signed on
kali ditandatangani pada tanggal 27 September 2023.
27 September 2023.
147
Page 558
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
b) Berdasarkan perjanjian fasilitas, batas b) Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) month of the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown
18 (delapan belas) bulan sejak tanggal within 18 (eighteen) months from the date
Perjanjian Kredit. Periode bunga adalah of agreement. The interest period is
setiap 3 (tiga) bulan berdasarkan suku 3 (three) months based on JIBOR interest
bunga JIBOR, dengan pembayaran bunga rate and the interest will be paid of every
dilakukan setiap tanggal jatuh tempo. Suku due date. The interest rate for this facility is
bunga terhadap pinjaman ini adalah JIBOR JIBOR + 0.40% and calculated from
+ 0,40% terhitung sejak tanggal 1 Oktober 1 October 2023 until the Final Maturity Date.
2023 hingga tanggal jatuh tempo terakhir.
Pada tanggal 25 April 2022, Bank On 25 April 2022, the Bank made a
melakukan penarikan sebesar withdrawal of Rp 1,000,000. The loan has
Rp 1.000.000. Pinjaman ini telah dilunasi been repaid on 29 September 2023.
pada tanggal 29 September 2023.
Pada tanggal 22 Desember 2023, Bank On 22 December 2023, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on 1 April
tempo pada 1 April 2025. 2025.
c) Perjanjian pinjaman Non-revolving Term c) The facility agreement of Non-revolving
Loan IV sebesar Rp 1.000.000 Term Loan IV amounting Rp 1,000,000 was
ditandatangani pada tanggal signed on 10 June 2015 and had been
10 Juni 2015 dan telah diperpanjang extended several times with the latest
beberapa kali dengan perpanjangan extension was signed on 24 November
terakhir kali ditandatangani pada tanggal 2024.
24 November 2024.
Berdasarkan perjanjian fasilitas terakhir, Based on the latest facility agreement, the
batas waktu penggunaan fasilitas kredit availability period will be ended within
adalah sampai dengan 1 (satu) bulan dari 1 (one) month from the date of agreement.
tanggal perjanjian kredit. Suku bunga The interest rate for this facility is JIBOR +
terhadap pinjaman ini adalah JIBOR + 0.4%.
0,4%.
Pada tanggal 24 November 2024, Bank On 24 November 2024, the Bank made an
melakukan penarikan kembali atas fasilitas another withdrawal on this facility amounted
ini sebesar Rp 1.000.000, dengan jatuh Rp 1,000,000, with a maturity date on
tempo pada 24 Mei 2026. 24 May 2026.
d) Perjanjian pinjaman Non-revolving Term d) The facility agreement of Non-revolving
Loan II sebesar Rp 2.500.000 Term Loan II amounting Rp 2,500,000 was
ditandatangani pada tanggal 29 April 2020 signed on 29 April 2020 and had been
dan telah diperpanjang dengan amended with the latest amendment signed
perpanjangan terakhir kali ditandatangani on 4 November 2024.
pada tanggal 4 November 2024.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
148
Page 559
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Central Asia Tbk Bilateral Borrowing with PT Bank Central
(lanjutan) Asia Tbk (continued)
d) Periode bunga adalah setiap 3 (tiga) bulan, d) The interest period is 3 (three) months and
dengan pembayaran bunga dilakukan the interest will be paid every due date. The
setiap tanggal jatuh tempo. Suku bunga interest rate for this facility is JIBOR + 0.4%.
terhadap pinjaman ini adalah
JIBOR + 0,4%.
Pada tanggal 4 November 2024, Bank On 4 November 2024, the Bank made a
melakukan penarikan sebesar withdrawal of Rp 2,500,000, with a maturity
Rp 2.500.000, dengan jatuh tempo pada date on 4 May 2026.
4 Mei 2026.
e) Perjanjian pinjaman Revolving Term Loan e) The facility agreement of Revolving Term
VI sebesar Rp 1.000.000 ditandatangani Loan VI amounting Rp 1,000,000 was
pada tanggal 29 November 2022. signed on 29 November 2022.
Berdasarkan perjanjian fasilitas, batas Based on the facility agreement, the
waktu penggunaan fasilitas kredit adalah availability period will be ended within
sampai dengan 6 (enam) bulan dari 6 (six) months from the date of agreement.
tanggal perjanjian kredit.
Jangka waktu pinjaman adalah The facility should be fully drawndown within
18 (delapan belas) bulan sejak tanggal 18 (eighteen) months from the date of
Perjanjian Kredit. agreement.
Periode bunga adalah setiap 3 (tiga) bulan, The interest period is 3 (three) months and
dengan pembayaran bunga dilakukan the interest will be paid every due date. The
setiap tanggal jatuh tempo. Suku bunga interest rate for this facility is JIBOR + 0.4%.
terhadap pinjaman ini adalah
JIBOR + 0,4%.
Pada tanggal 29 Mei 2023, Bank melakukan On 29 May 2023, the Bank made a
penarikan sebesar Rp 1.000.000, dengan withdrawal of Rp 1,000,000 with a maturity
jatuh tempo pada 29 Mei 2024. Pinjaman ini date on 29 May 2024. This loan was paid
telah dilunas pada 29 Mei 2024 dan off on 29 May 2024 and the loan was not
pinjaman tidak diperpanjang. extended.
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, the Bank
Bank telah menggunakan seluruh fasilitas yang has utilized all borrowing facility.
ada.
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, based on the
tidak terdapat pembatasan-pembatasan agreement there was no certain covenant which
tertentu yang dipersyaratkan. was required to be maintained.
Pinjaman Bilateral PT Bank Rakyat Bilateral Borrowing with PT Bank Rakyat
Indonesia Tbk Indonesia Tbk
Bank mendapatkan fasilitas Pinjaman Bilateral The Bank obtained a Bilateral Loan facility with
dengan PT Bank Rakyat Indonesia, dengan PT Bank Rakyat Indonesia, with a total facility of
total fasilitas sebesar IDR 500.000. fasilitas ini IDR 500,000. This facility was signed on
ditandatangani pada tanggal 20 Desember 20 December 2024.
2024.
Berdasarkan perjanjian fasilitas, batas waktu Based on the facility agreement, the credit facility
penggunaan fasilitas kredit adalah sampai usage deadline is up to 1 (one) month from the
dengan 1 (satu) bulan dari tanggal perjanjian date of the credit agreement.
kredit.
149
Page 560
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Bank (lanjutan) Bank (continued)
Pinjaman Bilateral PT Bank Rakyat Bilateral Borrowing with PT Bank Rakyat
Indonesia Tbk (lanjutan) Indonesia Tbk (continued)
Jangka waktu pinjaman adalah 18 (delapan The loan term is 18 (eighteen) months from the
belas) bulan sejak tanggal Perjanjian Kredit. date of the Credit Agreement.
Pada tanggal 27 Desember 2024, Bank On 27 December 2024, the Bank made a
melakukan penarikan sebesar Rp 500.000, withdrawal of IDR 500,000, with an interest rate
dengan suku bunga 7,5% per tahun dan jatuh of 7.5% per annum and due on 26 June 2026.
tempo pada tanggal 26 Juni 2026. Pembayaran Interest payments are made every 3 (three)
bunga dilakukan setiap 3 (tiga) bulan, yang months, starting on 27 March 2025 and ending
dimulai pada tanggal 27 March 2025 dan akan on 26 June 2026.
berakhir pada tanggal 26 Juni 2026.
Pada tanggal 31 Desember 2024, Bank telah On 31 December 2024, the Bank has used all
menggunakan seluruh fasilitas yang ada. existing facilities.
Pada tanggal 31 Desember 2024, tidak terdapat On 31 December 2024, there are no specific
pembatasan-pembatasan tertentu yang restrictions required.
dipersyaratkan.
Pinjaman Bilateral Sumitomo Mitsui Bilateral Borrowing with Sumitomo Mitsui
Banking Corporation - Cabang Singapura Banking Corporation - Singapore Branch
Bank mendapatkan revolving long-term The Bank entered into revolving long-term
borrowings dengan Sumitomo Mitsui Banking borrowings with Sumitomo Mitsui Banking
Corporation - Cabang Singapura, dengan total Corporation - Singapore Branch, with total facility
fasilitas setara dengan USD 3.625.000.000 amounting to equivalent of USD 3,625,000,000
(nilai penuh). Fasilitas ini dapat ditarik dalam (full amount). The facility can be drawn in US
mata uang Dolar AS atau jumlah yang setara Dollars or the amount equivalent thereof in any
dari jumlah tersebut dalam mata uang selain other currencies other than US Dollars and
dari Dolar AS dan Dolar Singapura. Singapore Dollars.
Total pinjaman yang ditarik dari fasilitas ini pada Total outstanding amount drawn from this facility
tanggal 31 Desember 2024 adalah sebesar as of 31 December 2024 amounted to
USD 1.395.000.000 (nilai penuh) (31 Desember USD 1.395.000.000 (full amount) (31 December
2023: USD 1.195.000.000 (nilai penuh) dan 2023: USD 1,195,000,000 (full amount) and
EUR 10.000.000 (nilai penuh)). EUR 10,000,000 (full amount)).
Pinjaman ini akan jatuh tempo berkisar antara This borrowing will mature ranging from
tanggal 8 Januari 2026 sampai 26 Juni 2026. 8 January 2026 until 26 June 2026.
Tingkat suku bunga kontraktual setahun atas Contractual interest rate per annum on long-term
pinjaman jangka panjang ini adalah cost of fund borrowings is cost of fund plus certain margin.
ditambah margin tertentu. Untuk posisi pada For position as of 31 December 2024, the
tanggal 31 Desember 2024, marjin yang applied margin was 0.50% (for total outstanding
diterapkan adalah 0,50% (untuk total pinjaman amount of USD 1.395.000.000 (full amount)).
USD 1.395.000.000 (nilai penuh)). Untuk posisi For position as of 31 December 2023, the
pada tanggal 31 Desember 2023, marjin yang applied margin was 0.50% (for total outstanding
diterapkan adalah 0,50% (untuk total pinjaman amount of USD 1,195,000,000 (full amount) and
USD 1.195.000.000 (nilai penuh) dan EUR 10,000,000 (full amount)).
EUR 10.000.000 (nilai penuh)).
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, there was
tidak terdapat pembatasan-pembatasan no certain covenant which was required to be
tertentu yang disyaratkan dalam pinjaman maintainted in this long-term borrowing.
jangka panjang ini.
150
Page 561
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak Subsidiaries
Tipe Fasilitas/ Type
Pembayaran untuk
of facility Jumlah Fasilitas/ Facility Amount
fasilitas-fasilitas jangka
Pemberi pinjaman/ Jangka waktu penarikan/ Panjang/ Repayment for
No. Lender 2024 2023 Jaminan/ Collateral Availability Period Jatuh Tempo/ Maturity long-term facility
PT Oto Multiartha
1 PT Bank Permata Tbk Modal kerja tidak Rp 850,000 - Piutang pembiayaan 6 Mei/May 2020 – 27 April/April 2025 – 2024: Rp 87,500
berulang/ (lihat Catatan 13)/ 29 Agustus/ 24 Mei/May 2026 2023: -
Non-revolving Financing receivables August 2025
working capital (see Notes 13)
2 PT Bank Central Asia Tbk Modal kerja berulang/ Rp 450,000 - Piutang pembiayaan 10 April/April 2023 – 11 Desember/ 2024: Rp 93,750
Revolving working (lihat Catatan 13)/ 29 Juni/ December 2027 – 2023: -
capital Financing receivables June 2025 20 Maret/March 2028
(see Notes 13)
Cerukan/Overdraft Rp 25,000 - Piutang pembiayaan
(lihat Catatan 13)/
Financing receivables
(see Notes 13)
Modal kerja tidak Rp 1,000,000 - Piutang pembiayaan
berulang/Non- (lihat Catatan 13)/
Revolving working Financing receivables
capital (see Notes 13)
3 MUFG Bank, Ltd – Cabang Modal kerja tidak USD 100,000,000 - Piutang pembiayaan 5 Maret/March 2021 – 3 Oktober/October 2024: USD 32,500,000
Jakarta/Jakarta Branch berulang/ (lihat Catatan 13)/ 15 September/ 2025 – 18 Juni/June 2023: -
Non-revolving Financing receivables September 2023 2026
working capital (see Notes 13)
4 Bank of America, N.A. – Modal kerja tidak USD 50,000,000 - Piutang pembiayaan 19 Mei/May 2023 – 8 Juni/June 2026 – 16 2024: -
Cabang Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 19 November/November November/November 2023: -
Non-revolving Financing receivables 2023 2026
working capital (see Notes 13)
151
Page 562
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
No Pemberi pinjaman/ Tipe Fasilitas/ Type of Jumlah Fasilitas/ Facility Amount penarikan/ Availability Panjang/ Repayment for
. Lender facility 2024 2023 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Oto Multiartha (lanjutan/continued)
5 Sumitomo Mitsui Trust Bank Modal kerja berulang/ USD 20,000,000 - Tidak dijamin oleh 4 Juni/June 2020 – 19 September/ 2024: USD 1,000,000
Limited – Cabang Revolving working apapun/Unsecured 28 Februari/February September 2025 – 2023: -
Singapura/Singapore Branch capital 2025 22 April/April 2027
Modal kerja berulang/ JPY 500,000,000 - Tidak dijamin oleh
Revolving working apapun/Unsecured
capital
Modal kerja tidak USD 140,000,000 - Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
6 Mizuho Bank Ltd. Modal kerja tidak JPY 14,000,000,000 - Piutang pembiayaan 30 Juli/July 2020 – 28 Juli/July 2025 – 2024: JPY 1,800,000,000
berulang/ (lihat Catatan 13)/ 15 Januari/January 15 Januari/January 2023: -
Non-revolving working Financing receivables 2024 2027
capital (see Notes 13)
7 The Norinchukin Bank – Modal kerja berulang/ JPY 3,000,000,000 - Tidak dijamin oleh 31 Mei/May 2023 – 15 Juni/June 2026 – 2024: -
Cabang Singapura/ Revolving working apapun/Unsecured 30 April/April 2025 27 November/ 2023: -
Singapore Branch capital November 2026
Modal kerja tidak JPY 7,500,000,000 - Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
8 Deutsche Bank, AG – Cabang Modal kerja tidak JPY 5,000,000,000 - Piutang pembiayaan 29 Maret/March 2023 – 27 Maret/March 2026 2024: JPY 1,250,000,000
Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 29 Maret/March 2024 2023: -
Non-revolving working Financing receivables
capital (see Notes 13)
9 PT Bank DBS Indonesia Modal kerja berulang/ Rp 300,000 - Piutang pembiayaan 26 Februari/February 24 Maret/March 2025 2024: -
Revolving working (lihat Catatan 13)/ 2024 – 28 Februari/ 2023: -
capital Financing receivables February 2025
(see Notes 13)
10 Bank of America, N.A. – Modal kerja berulang/ USD 20,000,000 - Tidak dijamin oleh 5 April/April 2024 – 21 Januari/January 2024: -
Cabang Jakarta/Jakarta Branch Revolving working apapun/Unsecured 5 April/April 2025 2025 2023: -
capital
11 The Chiba Bank,Ltd. - cabang Modal kerja tidak USD 15,000,000 - Tidak dijamin oleh 30 September 6 Desember/December 2024: -
Hongkong/Hongkong Branch berulang/ apapun/Unsecured /September 2024 – 2027 2023: -
Non-revolving working 31 Maret/March 2025
capital
152
Page 563
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
Pemberi pinjaman/ Tipe Fasilitas/ Type of Jumlah Fasilitas/ Facility Amount penarikan/ Availability Panjang/ Repayment for
No. Lender facility 2024 2023 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Summit Oto Finance
1 PT Bank Central Asia Tbk Modal kerja berulang/ Rp 325,000 - Piutang pembiayaan 27 Juli/July 2023 – 18 Agustus/August 2026 2024: Rp. 124,999
Revolving working (lihat Catatan 13)/ 29 November/ – 12 Desember/ 2023: -
capital Financing receivables November 2025 December 2027
(see Notes 13)
Cerukan/Overdraft Rp 25,000 - Piutang pembiayaan
(lihat Catatan 13)/
Financing receivables
(see Notes 13)
Modal kerja tidak Rp 1,000,000 - Piutang pembiayaan
berulang/Non- (lihat Catatan 13)/
Revolving working Financing receivables
capital (see Notes 13)
2 PT Bank Permata Tbk Modal kerja tidak Rp 800,000 - Piutang pembiayaan 30 Maret/March 2023 – 12 April/April 2026 – 2024: Rp. 75,000
berulang/ (lihat Catatan 13)/ 29 Agustus/August 26 April/April 2026 2023: -
Non-revolving working Financing receivables 2025
capital (see Notes 13)
3 PT Bank Mizuho Indonesia Modal kerja berulang/ Rp 280,000 - Tidak dijamin oleh 31 Juli/July 2024 – 23 Januari/January 2024: -
Revolving working apapun/Unsecured 31 Juli/July 2025 2025 2023: -
capital
4 MUFG Bank, Ltd – Cabang Modal kerja tidak USD 100,000,000 - Piutang pembiayaan 5 Maret/March 2021 – 12 September/ 2024: USD 30,000,000
Jakarta/Jakarta Branch berulang/Non-revolving (lihat Catatan 13)/ 15 September/ September 2025 – 2023: -
working capital Financing receivables September 2023 30 April/April 2026
(see Notes 13)
5 Sumitomo Mitsui Trust Bank Modal kerja berulang/ JPY 500,000,000 - Tidak dijamin oleh 23 Desember/ 19 September/ 2024: USD 1.000.000
Limited – Cabang Revolving working apapun/Unsecured December 2020 – September 2025 – 28 2023: -
Singapura/Singapore Branch capital 28 Februari/February Agustus/August 2026
2025
Modal kerja berulang/ USD 20,000,000 - Tidak dijamin oleh
Revolving working apapun/Unsecured
capital
Modal kerja tidak USD 100,000,000 - Tidak dijamin oleh
berulang/Non- apapun/Unsecured
revolving working
capital
6 Bank of America, N.A. – Modal kerja tidak USD 40,000,000 - Piutang pembiayaan 19 Mei/May2023 – 8 Juni/June 2026 – 2024: -
Cabang Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 19 November/ 24 September/ 2023: -
Non-revolving working Financing receivables November 2023 September 2026
capital (see Notes 13)
153
Page 564
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman Bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Pembayaran untuk
Jangka waktu fasilitas-fasilitas jangka
Jumlah Fasilitas/ Facility Amount
Pemberi pinjaman/ Tipe Fasilitas/ Type of penarikan/ Availability Panjang/ Repayment for
No. Lender facility 2024 2023 Jaminan/ Collateral Period Jatuh Tempo/ Maturity long-term facility
PT Summit Oto Finance (lanjutan/continued)
7 Bank of America, N.A. – Modal kerja berulang/ USD 10,000,000 - Tidak dijamin oleh 1 Agustus/August 2024 8 Januari/January 2025 2024: -
Cabang Jakarta/Jakarta Branch Revolving working apapun/Unsecured – 1 Agustus/August 2023: -
capital 2025
8 Mizuho Bank, Ltd. Modal kerja tidak JPY 11,000,000,000 - Piutang pembiayaan 30 Juli/July 2020 – 26 Maret/March 2026 – 2024: JPY 1,200,000,000
berulang/ (lihat Catatan 13)/ 15 Januari/January 15 Januari/January 2023: -
Non-revolving working Financing receivables 2024 2027
capital (see Notes 13)
9 Deutsche Bank AG – Cabang Modal kerja tidak JPY 10,000,000,000 - Piutang pembiayaan 29 Maret/March 2023 – 27 Maret/March 2026 2024: JPY 2,500,000,000
Tokyo/Tokyo Branch berulang/ (lihat Catatan 13)/ 29 Maret/March 2024 2023: -
Non-revolving working Financing receivables
capital (see Notes 13)
10 The Norinchukin Bank – Modal kerja berulang/ JPY 2,000,000,000 - Tidak dijamin oleh 31 Mei/May 2023 – 19 Juni/June 2026 – 2024: -
Cabang Singapura/ Revolving working apapun/Unsecured 30 April/April 2025 25 Oktober/ 2023: -
Singapore Branch capital October 2027
Modal kerja tidak JPY 6,500,000,000 - Tidak dijamin oleh
berulang/ apapun/Unsecured
Non-revolving working
capital
11 The Chiba Bank Ltd, - Cabang Modal kerja tidak USD 15,000,000 - Tidak dijamin oleh 30 September/ 25 Oktober/ 2024: -
Hong Kong/Hong Kong Branch berulang/ apapun/Unsecured September 2024 – October 2027 2023: -
Non-revolving working 31 Maret/March 2025
capital
12 PT Bank DBS Indonesia Modal kerja berulang/ Rp 150,000 - Piutang pembiayaan 26 Februari/ 14 Maret/ 2024: -
Revolving working (lihat Catatan 13)/ February 2024 – March 2025 2023: -
capital Financing receivables 28 Februari/
(see Notes 13) February 2025
13 Standard Chartered Bank Modal kerja berulang/ USD 15,000,000 - Jaminan perusahaan 31 Maret/March 2024 - 7 Februari/February 2024: -
Indonesia Revolving working dari/ Corporate 31 Maret/March 2025 2024 2023: -
capital guarantee from
Sumitomo Corporation
(SC) Jepang/Japan
Modal kerja berulang/ Rp 100,000 - Piutang pembiayaan
Revolving working (lihat Catatan 13)/
capital Financing receivables
(see Notes 13)
154
Page 565
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
a. Pinjaman bank (lanjutan) a. Bank borrowings (continued)
Entitas Anak (lanjutan) Subsidiaries (continued)
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024, the
31 Desember 2024, tingkat suku bunga contractual interest rates per annum for PT Oto
kontraktual setahun atas pinjaman bank yang Multiartha and PT Summit Oto Finance bank
diterima oleh PT Oto Multiartha dan borrowings ranging from 1.04% - 8.50%.
PT Summit Oto Finance antara 1,04% - 8,50%.
Seluruh perjanjian pinjaman di atas mencakup y All loan agreements include certain restrictive
adanya pembatasan-pembatasan tertentu a covenants which are normally required for such
yang umumnya diharuskan untuk fasilitas- n credit facilities, such as limitations to initiate
fasilitas kredit tersebut, antara lain, g merger or consolidation with other parties,
pembatasan untuk melakukan penggabungan borrowing from other parties except in the normal
usaha atau konsolidasi dengan pihak lain, course of business, or change its capital structure
mengadakan perjanjian pinjaman dengan and/or Articles of Association without prior written
pihak lain kecuali yang timbul dalam kegiatan approval from the creditors, and compliance with
usaha yang normal atau melakukan perubahan agreed financial ratios, principally debt to equity
atas struktur modal dan/atau Anggaran Dasar ratio. As of 31 December 2024 and 2023, the
tanpa adanya persetujuan tertulis dari kreditur Subsidiaries complied with the covenants.
dan kepatuhan terhadap rasio-rasio keuangan
tertentu, terutama rasio utang terhadap modal.
Pada tanggal 31 Desember 2024 dan 2023,
Entitas Anak telah mematuhi pembatasan-
pembatasan yang ada.
Tidak ada beban jasa penjaminan atas There were no guarantee fees on borrowings
pinjaman yang diterima oleh Entitas Anak yang which were guaranteed by corporate guarantee
dijamin oleh jaminan Perusahaan (corporate during the years ended 31 December 2024 and
guarantee) untuk tahun-tahun yang berakhir 2023.
pada tanggal 31 Desember 2024 dan 2023.
Saldo pinjaman yang diterima oleh PT Oto The outstanding balance of borrowings received by
Multiartha dan PT Summit Oto Finance dalam PT Oto Multiartha dan PT Summit Oto Finance
mata uang Dolar Amerika Serikat dan Yen denominated in US Dollar and Japanese Yen
Jepang masing-masing sebesar amounting to USD 783,000,000 (full amount) and
USD 783.000.000 (nilai penuh) dan JPY 40,450,000,000 (full amount) as of
JPY 40.450.000.000 (nilai penuh) pada 31 December 2024, were hedged by cross
tanggal 31 Desember 2024 telah dilindung nilai currency swap contracts (see Notes 10).
oleh kontrak cross currency swap (lihat
Catatan 10).
b. Pinjaman bukan bank b. Non-bank borrowings
Jumlah pokok pinjaman berdasarkan jangka Borrowing principals amount based on time
waktu: period:
31 Desember/December
2024 2023
Lebih dari 3 tahun 9,412,100) 6,682,950) More than 3 years
Dikurangi: Less:
Biaya transaksi yang belum
diamortisasi (67,486) (48,251) Upfront fee
Ditambah: Add:
Beban bunga yang masih
harus dibayar 73,382) 98,275) Accrued interest expenses
9,417,996) 6,732,974)
155
Page 566
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
Pembayaran bunga pinjaman telah dibayarkan Payments of interest on borrowings had been
oleh Bank sesuai dengan jadwal. paid by the Bank in accordance with the
schedule.
Pinjaman bukan bank adalah fasilitas pinjaman Non-bank borrowings are borrowing facilities
dengan International Finance Corporation from International Finance Corporation (IFC),
(IFC), bukan pihak berelasi yang terdiri dari non-related party, consist of some agreements
beberapa perjanjian sebagai berikut: as follows:
(i) Perjanjian Pinjaman 2019 (i) Borrowing Agreement 2019
Tujuan pinjaman tersebut adalah untuk The purpose of borrowing was to finance
mendanai pembiayaan kredit mikro, usaha the Women-Owned Micro, Small Medium
kecil menengah yang dimiliki perempuan, Enterprise (MSME) loans, Green loans and
green loans, pinjaman Supply Chain Supply Chain Finance (SCF) loans. The
Finance (SCF). Bank akan melakukan Bank will use its best efforts to ensure that
upaya terbaiknya untuk memastikan the aggregated amount of the
bahwa jumlah agregat dari pencairan yang disbursements made to each loans was at
diberikan untuk setiap pinjaman setidaknya least equal to 25% of the maximum loan
sama dengan 25% dari jumlah maksimum amount.
pinjaman.
Pada tanggal 30 Desember 2019, Bank On 30 December 2019, the Bank
melakukan penarikan sebesar Rp 699.250, drawndown this loan at amount of
ekuivalen USD 50.000.000 (nilai penuh) Rp 699,250, equivalent to USD 50,000,000
dengan suku bunga 7,75% per tahun dan (full amount) with interest rate 7.75% per
jatuh tempo pada tanggal 3 Desember annum and maturity date on
2024. Pembayaran bunga dilakukan setiap 3 December 2024. Interest payment will be
6 (enam) bulan, yang dimulai pada tanggal paid every 6 (six) months, which is started
30 Juni 2021 dan akan berakhir pada on 30 June 2021 and will be ended on
tanggal 30 Desember 2024. Pinjaman ini 30 December 2024. This loan was paid off
telah dilunasi pada 30 Desember 2024. on 30 December 2024.
Pada tanggal 28 Januari 2020, Bank On 28 January 2020, the Bank drawndown
melakukan penarikan sebesar this at amount of Rp 1,364,600, equivalent
Rp 1.364.600, ekuivalen USD 100.000.000 to USD 100,000,000 (full amount) with
(nilai penuh) dengan suku bunga 7,30% interest rate 7.30% per annum and maturity
per tahun dan jatuh tempo pada tanggal date on 28 January 2025. Interest payment
28 Januari 2025. Pembayaran bunga will be paid every 6 (six) months, which is
dilakukan setiap 6 (enam) bulan, yang started on 28 July 2021 and will be ended
dimulai pada tanggal 28 Juli 2021 dan akan on 28 January 2025.
berakhir pada tanggal 28 Januari 2025.
Pada tanggal 31 Desember 2024 dan As of 31 December 2024 and 2023, the
2023, Bank telah menggunakan seluruh Bank has utilized all borrowing facility.
fasilitas pinjaman yang ada.
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- tidak diperkenankan melakukan - no substantial change is made to the
perubahan bisnis secara substansial general nature of its business without
tanpa persetujuan tertulis dari pemberi prior written consent of the lender;
pinjaman;
- tidak melakukan penggabungan - not undertake or permit any merger,
usaha, demerger, restrukturisasi demerger, corporate restructuring,
korporasi, yang dapat memberikan which has or could reasonably be
dampak merugikan yang material; expected to have material adverse
effect;
156
Page 567
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(i) Perjanjian Pinjaman 2019 (lanjutan) (i) Borrowing Agreement 2019 (continued)
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain: (lanjutan) (continued)
- tidak menerbitkan saham tambahan - not issue any additional shares and shall
dan tidak akan melakukan transfer not have its existing shares transferred,
saham, penjualan, perjanjian yang sold, pledged or otherwise encumbered
akan mengubah SMBC menjadi such that action would make the SMBC
pemegang saham non-pengendali to become a non-controlling shareholder
sesuai dengan ketentuan Peraturan under the Indonesia’s Banking or
Perbankan atau Keuangan di Financial Regulations;
Indonesia;
Pada tanggal 31 Desember 2024 dan As of 31 December 2024 and 2023, the
2023, Bank telah memenuhi seluruh Bank had fulfilled all the required covenants.
pembatasan yang dipersyaratkan.
(ii) Perjanjian Pinjaman 2023 (ii) Borrowing Agreement 2023
Pada tanggal 20 Juni 2023, Bank telah On 20 June 2023, the Bank has signed a
menandatangani perjanjian Fasilitas loan facility agreement of USD 500,000,000
pinjaman sebesar USD 500.000.000 (nilai (full amount). The form of this loan is a
penuh). Bentuk pinjaman ini adalah Privately Placed Senior Sustainability Bond.
Privately Placed Senior Sustainability The purpose of these loans is to finance
Bond. Tujuan pinjaman tersebut adalah small and medium enterprises owned by
untuk pembiayaan usaha kecil menengah women, construction of environmentally
yang dimiliki perempuan, pembangunan friendly buildings, and Social Bonds.
bangunan ramah lingkungan, dan Social
Bond.
Pada tanggal 25 Agustus 2023, Bank On 25 August 2023, the Bank made a
melakukan penarikan sebesar withdrawal of USD 300,000,000 (full
USD 300.000.000 (nilai penuh) dengan amount) with interest rates based on the
suku bunga berdasarkan suku bunga 3-month benchmark interest rate + 0.846%.
acuan 3 bulan + 0,846%. Pembayaran Interest payments are made every 3 (three)
bunga dilakukan setiap 3 (tiga) bulan, yang months, starting on 27 November 2023 and
dimulai pada tanggal 27 November 2023 ending on 25 August 2028.
dan akan berakhir pada tanggal
25 Agustus 2028.
Pada tanggal 23 Desember 2024, Bank On 23 December 2024, the Bank made a
melakukan penarikan sebesar USD withdrawal of USD 200,000,000 (full
200.000.000 (nilai penuh) dengan suku amount) with an interest rate based on the
bunga berdasarkan suku bunga acuan 3 3-month benchmark interest rate + 0.846%.
bulan + 0,846%. Pembayaran bunga Interest payments are made every 3 (three)
dilakukan setiap 3 (tiga) bulan, yang months, starting on 23 March 2025 and
dimulai pada tanggal 23 March 2025 dan ending on 23 December 2029.
akan berakhir pada tanggal 23 Desember
2029.
Pada tanggal 31 Desember 2024, Bank As of 31 December 2024, the Bank has
telah menggunakan seluruh fasilitas yang used all existing facilities.
ada.
Pada tanggal 31 Desember 2023, fasilitas As of 31 December 2023, total unused
yang belum digunakan adalah sebesar facility amounted to USD 200,000,000 (full
USD 200.000.000 (nilai penuh). amount).
157
Page 568
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
23. PINJAMAN YANG DITERIMA (lanjutan) 23. BORROWINGS (continued)
b. Pinjaman bukan bank (lanjutan) b. Non-bank borrowings (continued)
(ii) Perjanjian Pinjaman 2023 (lanjutan) (ii) Borrowing Agreement 2023 (continued)
Dalam perjanjian pinjaman tersebut, diatur The borrowing agreements provide several
beberapa pembatasan yang harus covenants required from the Bank, such as:
dipenuhi oleh Bank antara lain:
- Menyatakan atau membayarkan - Declare or pay any dividend or make
dividen apa pun atau melakukan any distributions on its share capital
pembagian apa pun atas modal (other than dividends or distributions
sahamnya (selain dividen atau payable in shares of the Issuer), unless
pembagian yang harus dibayar dalam the proposed payment or distribution is
saham Emiten), kecuali pembayaran out of net income of the relevant
atau pembagian yang diusulkan Financial Year.
diambil dari penghasilan bersih dari
Tahun Buku yang relevan.
- Membuat atau memungkinkan utang - Create or allow any indebtedness that is
apa pun yang dijamin atau berperingkat secured or ranks prior or senior to the
di atas atau senior terhadap Obligasi, Bonds, except for the leasing
kecuali untuk transaksi sewa guna transactions or other asset-backed
usaha (leasing) atau transaksi lain transactions in the ordinary course of
yang didukung aset dalam operasional banking business.
bisnis perbankan pada umumnya.
- Membentuk atau memiliki Anak - Form or have any Material Subsidiary
Perusahaan Utama apa pun (selain (other than PT BANK BTPN SYARIAH
PT BANK BTPN SYARIAH Tbk, Tbk, PT BTPN SYARIAH VENTURA,
PT BTPN SYARIAH VENTURA, PT Oto Multiartha and PT Summit Oto
PT Oto Multiartha dan PT Summit Oto Finance).
Finance).
- Tidak melakukan perubahan mendasar - No substantial change of its Charter in
atas Anggaran Dasar dengan cara apa any manner which would be inconsistent
pun yang dapat tidak sesuai dengan with the provisions of this Agreement.
ketentuan pada perjanjian.
- Tidak melakukan atau mengizinkan - Not undertake Merger, Consolidation or
penggabungan, pemekaran, peleburan Reorganization. Undertake or permit
atau reorganisasi apa pun; atau any merger, spin-off, consolidation or
menjual, memindahkan, menyewakan reorganization; or sell, transfer, lease or
atau dengan cara lain melepaskan otherwise dispose of all or a substantial
seluruh atau suatu bagian substansial part of its assets, other than assets
dari aset-asetnya selain aset-aset yang acquired in the enforcement of security
diambil alih dalam mengeksekusi created in Favor of the Issuer in the
jaminan yang dibuat untuk kepentingan ordinary course of its banking business,
Emiten dalam usaha perbankannya. whether in a single transaction or in a
series of transactions, related or
otherwise.
Pada tanggal 31 Desember 2024 dan As of 31 December 2024 and 2023, the
2023, Bank telah memenuhi persyaratan Bank managed to fulfill the requirement
terkait penarikan pertama fasilitas IFC. related with first disbursement of IFC facility.
24. AKRUAL 24. ACCRUALS
31 Desember/December
2024 2023
Akrual beban operasional 386,205 328,468) Accrued operational expenses
Akrual beban promosi 106,444 101,610) Accrued promotion expenses
Akrual jasa profesional 68,734 48,903) Accrued professional fees
561,383 478,981)
Akrual jasa profesional merupakan akrual untuk Accrued professional fees are accrual for the costs of
biaya konsultan yang bekerjasama dengan Bank consultants who collaborate with the Bank to
untuk menyelesaikan proyek tertentu, termasuk complete certain projects, including accrual for the
akrual untuk biaya konsultan hukum, konsultan costs of legal consultant, business consultant, public
bisnis, akuntan publik dan lainnya. accountant and others.
158
Page 569
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
25. PINJAMAN SUBORDINASI 25. SUBORDINATED LOANS
Pinjaman subordinasi merupakan pinjaman The outstanding subordinated loans represent loans
dari SMBC Cabang Singapura sejumlah obtained from SMBC Singapore Branch amounted to
USD 200.000.000 (nilai penuh), ekuivalen dengan USD 200.000.000 (full amount), equivalent to
Rp 3.219.000 pada tanggal 31 Desember 2024 dan Rp 3.219.000 as of 31 December 2024 and
sejumlah USD 200.000.000 (nilai penuh), ekuivalen amounted to USD 200,000,000 (full amount),
dengan Rp 3.079.400 pada tanggal 31 Desember equivalent to Rp 3,079,400 as of 31 December 2023.
2023.
Pinjaman subordinasi sebesar USD 100.000.000 Subordinated loans of USD 100,000,000 (full
(nilai penuh) dan USD 100.000.000 (nilai penuh) amount) and USD 100,000,000 (full amount) were
masing-masing diperoleh pada tanggal obtained on 26 September 2018 and 23 November
26 September 2018 dan 23 November 2018 dan 2018 respectively and will mature on 31 July 2031.
akan jatuh tempo pada tanggal 31 Juli 2031.
Untuk fasilitas USD 100.000.000 (nilai penuh) dan For the USD 100,000,000 (full amount) facility and
USD 100.000.000 (nilai penuh) yang masing-masing the USD 100,000,000 (full amount) facility obtained
diperoleh pada tanggal 26 September 2018 dan on 26 September 2018 and 23 November 2018
23 November 2018, telah terdapat Perjanjian respectively, Supplemental Agreements have been
Tambahan yang ditandatangani pada tanggal 31 Juli signed on 31 July 2024, so that the maturity date has
2024, sehingga tanggal jatuh tempo berubah dari changed from previously 26 September 2028 and 21
masing-masing tanggal 26 September 2028 dan November 2028 to 31 July 2031 for the two facilities.
21 November 2028 menjadi tanggal 31 Juli 2031
untuk kedua fasilitas tersebut.
Pinjaman subordinasi memiliki opsi pembayaran These subordinated loans have early repayment
lebih awal dengan pemberitahuan 20 hari option by 20 days notification in advance with
sebelumnya dan dengan persetujuan dari kreditur. lender’s approval.
Kisaran tingkat suku bunga pinjaman subordinasi Range of interest rate for subordinated loans per year
adalah 5,84% - 5,94% per tahun. was 5.84% - 5.94%.
Pinjaman subordinasi digunakan untuk memperkuat Subordinated loans are used to strengthen the
struktur modal Bank sebagai Modal Pelengkap Bank's capital structure as Supplementary Capital
(Tier 2). (Tier 2).
Sesuai Peraturan OJK Nomor 11/POJK.03/2016 In accordance with the Regulation of OJK Number
tentang Kewajiban Penyediaan Modal Minimum 11/POJK.03/2016 and Circular Letter of OJK Number
Bank Umum dan Surat Edaran OJK Nomor 20/SEOJK.03/2016 regarding Feature of Conversion
20/SEOJK.03/2016 tentang Fitur Konversi Menjadi to Common Stock or Write Down The Instruments of
Saham Biasa atau Write Down terhadap instrumen Additional Tier 1 and Tier 2, Lender and Borrower
Modal Inti Tambahan dan Modal Pelengkap, acknowledge the trigger events that will cause the
Kreditur dan Debitur memahami bahwa terdapat loan provided under this Agreement to be converted
kondisi yang menyebabkan (trigger events) to common stock or written down, particulary in the
pinjaman yang diberikan sesuai dengan Perjanjian event when the business continuity of the debtor is
ini harus dikonversi menjadi saham biasa atau potentially disrupted (point of non viability) and
dilakukan write down, yaitu dalam hal kelangsungan therefore affecting the liabilities of borrower to the
usaha debitur berpotensi terganggu (point of non lender, in the term of:
viability) sehingga mempengaruhi kewajiban debitur
kepada kreditur, yaitu dapat berupa:
(i) rasio Modal Inti Utama (Common Equity Tier (i) Common Equity Tier 1 (CET 1) is lower than or
1/CET 1) lebih rendah atau sama dengan equal to 5.125% of Risk-Weighted Assets
5,125% dari Aset Tertimbang Menurut Risiko (RWA), both individually and consolidated with
(ATMR) baik secara individu maupun its Subsidiaries; and/or
konsolidasi dengan Entitas Anak; dan/atau
(ii) terdapat rencana dari otoritas yang berwenang (ii) there is a plan of the competent authority to
untuk melakukan penyertaan modal kepada make capital injection to the Borrower which
Debitur yang dinilai berpotensi terganggu continuity of its business is evaluated to have
kelangsungan usahanya; dan the potential to be disrupted; and
(iii) terdapat perintah dari OJK untuk melakukan (iii) There is an order from OJK to convert into
konversi menjadi saham biasa dan/atau write- common stock and/or write-down.
down.
Pada tanggal 31 Desember 2024 dan 2023, Bank As of 31 December 2024 and 2023, the Bank
memenuhi seluruh persyaratan yang disebutkan complied with all the requirements mentioned in the
dalam perjanjian pinjaman subordinasi. subordinated loan agreements.
159
Page 570
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES
Liabilitas imbalan kerja karyawan terdiri dari: Employee benefits liabilities consist of:
31 Desember/ December
2024 2023
Imbalan kerja jangka pendek Short-term employee benefits
Akrual bonus karyawan, THR, tantiem, dan Accrual of employee bonus,
liabilitas jangka pendek lainnya THR, tantiem, and other short-term liabilities
- Bank 339,069 323,918) Bank -
- Entitas Anak 274,383 187,270) Subsidiaries -
613,452 511,188)
Imbalan pascakerja dan imbalan kerja Post-employment benefits and other
jangka panjang lainnya long-term employee benefits
- Bank 32,669 128,085) Bank -
- Entitas Anak 420,286 42,020) Subsidiaries -
452,955 170,105)
1,066,407 681,293)
Pada tanggal 31 Desember 2024, Bank mengalami As of 31 December 2024, the Bank experienced
kelebihan pendanaan pada aset program untuk funding surplus on post-employment benefit plan
imbalan pascakerja, sehingga Bank mencatat aset assets, so the Bank recorded employee benefit
imbalan kerja sebesar Rp 17.147 pada Catatan 18. assets amounted Rp 17,147 in Notes 18.
Grup menerapkan kebijakan program manfaat The Group implements post-employment benefits
imbalan pascakerja sesuai dengan Undang-Undang policy based on Job Creation Law (“UUCK”) No. 11
Cipta Kerja (“UUCK”) No. 11 Tahun 2020, Peraturan Year 2020, Government Regulation No. 35 Year
Pemerintah No. 35 Tahun 2021 dan Perjanjian 2021 and Collective Labor Agreement applied by the
Kerjasama yang berlaku di Grup. Dasar perhitungan Group. The calculation basis of benefits is based on
manfaat ini menggunakan gaji pokok terkini. current basic salary. The Bank’s defined benefits
Program pensiun manfaat pasti ini dikelola oleh pension plan is managed by PT Asuransi Allianz Life
PT Asuransi Allianz Life Indonesia. Indonesia.
Program tersebut memberikan manfaat pensiun The program calls for benefits to be paid to eligible
yang akan dibayarkan kepada karyawan yang employees at retirement or when the employees
berhak pada saat karyawan pensiun atau pada saat resign according to the prevailing regulations. The
karyawan tersebut berhenti sesuai dengan funding of the pension plan is conducted by the
peraturan yang berlaku. Pendanaan program Group through payments of annual contributions
pensiun ini dilakukan oleh Grup dengan membayar which are sufficient to meet the minimum
iuran tahunan yang setidaknya memenuhi jumlah requirements set forth in applicable laws.
minimum seperti yang diharuskan oleh peraturan
perundang-undangan yang berlaku.
Perhitungan imbalan kerja jangka panjang Bank dan The calculation of the long-term employee benefits of
Entitas Anak menggunakan hasil perhitungan the Bank and Subsidiary use the results of the
Aktuari periode 31 Desember 2024 dengan calculation of the Actuarial period
informasi komparatif 31 Desember 2023. 31 December 2024 with comparative information
31 December 2023.
Pada tanggal 31 Desember 2024, jumlah karyawan As of 31 December 2024, the total number of the
Bank yang memiliki hak atas manfaat ini adalah Bank’s employees eligible for this benefit was 6,105
6.105 karyawan (31 Desember 2023: 6.237 employees (31 December 2022: 6,237 employees).
karyawan).
Pada tanggal 31 December 2024, jumlah karyawan As of 31 December 2023, the total number of the
Entitas Anak yang memiliki hak atas imbalan ini Subisidiaries’ employees eligible for this benefit was
adalah sebanyak 11.129 karyawan (31 Desember 11,129 employees (31 December 2023: 3,628
2023: 3.628 karyawan). employees).
Selain memberikan manfaat yang disebutkan In addition to the benefits mentioned above, the Bank
di atas, Bank juga memberikan manfaat cuti panjang also provides its employees with long leave benefits.
kepada karyawannya.
160
Page 571
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja Post-employment benefits
Perhitungan aktuaria atas liabilitas imbalan kerja The actuarial calculation for the Bank’s employee
karyawan Bank pada tanggal 31 Desember 2024 benefits liabilities as of 31 December 2024 was
dilakukan oleh Kantor Konsultan Aktuaria I Gde Eka performed by Kantor Konsultan Aktuaria I Gde Eka
Sarmaja, FSAI dan Rekan dan 31 Desember 2023 Saand 2023 was performed by Kantor Konsultan
oleh Kantor Konsultan Aktuaria Yusi dan Rekan, Aktuaria Yusi dan Rekan, an independent actuary,
aktuaris independen, dengan menggunakan metode using the “Projected Unit Credit” method based on its
“Projected Unit Credit” berdasarkan laporannya reports dated 30 January 2025 (31 December 2023:
tertanggal 30 Januari 2025 (31 Desember 2023: dated 31 January 2024).
tanggal 31 Januari 2024).
Perhitungan aktuaria Bank tersebut menggunakan The Bank’s actuarial valuations were carried out
asumsi-asumsi sebagai berikut: using the following assumptions:
31 Desember/December
2024 2023
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 7% 6.37% - 7.10% Interest discount rate per annum
Tingkat kenaikan gaji per tahun 7% 7% Salary increment rate per annum
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 55 Normal pension age
Tabel mortalitas/ Tabel mortalitas/
Mortality table Mortality table
Indonesia 2019 Indonesia 2019
Tingkat kematian (TMI 2019) (TMI 2019) Mortality rate
Tingkat cacat 10% TMI 2019) 10% TMI 2019) Disability rate
Status pendanaan atas program pensiun pada The funding status of the pension plan as of
tanggal 31 Desember 2024 dan 2023 berdasarkan 31 December 2024 and 2023 based on the actuarial
laporan aktuaria adalah sebagai berikut: reports was as follows:
31 Desember/December
2024 2023
Bank Bank
Nilai kini liabilitas imbalan Present value of defined benefits
manfaat pasti 718,722) 732,177) liabilities
Nilai wajar aset program (735,869) (634,515) Fair value of plan assets
(Surplus) defisit pendanaan (17,147) 97,662) Funding (surplus) deficit
Entitas Anak Subsidiaries
Defisit pendanaan 383,949) 24,811) Funding deficit
383,949) 24,811)
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: during the year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti - Bank: benefits liabilities - Bank:
Nilai kini kewajiban imbalan manfaat Present value of defined benefits
pasti, awal tahun 732,177 674,325) liabilities, beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 89,220 86,161) Current service cost
Beban bunga 42,266 45,241) Interest expense
Kerugian atas penyelesaian 1,371 -) Loss on settlements
Dipindahkan 865,034 805,727 Carry forward
161
Page 572
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Perubahan liabilitas imbalan manfaat pasti selama The movement in the defined benefits liabilities
tahun berjalan adalah sebagai berikut: (lanjutan) during the year was as follows: (continued)
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Dipindahkan 865,034) 805,727 Carry forward
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Kerugian/keuntungan aktuaria yang
timbul dari: Actuarial losses/gains arising from:
- Asumsi keuangan (12,683) 21,597) Financial assumption -
- Penyesuaian pengalaman (25,361) 37,862) Experiences adjustment -
Lain-lain Others
Imbalan yang dibayarkan oleh aset Benefits paid by the plan assets
program selama tahun berjalan (106,897) (133,009) during the year
Pembayaran penyelesaian dari aset
program (1,371) -) Settlement payments from plan assets
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun - Bank 718,722) 732,177) benefits liabilities, end of year - Bank
Present value of defined
Nilai kini liabilitas imbalan manfaat benefits liabilities, end of year -
pasti, akhir tahun – Entitas Anak 586,496) 229,374) Subsidiaries
Nilai kini liabilitas imbalan manfaat Present value of defined
pasti, akhir tahun 1,305,218) 961,551) benefits liabilities, end of year
Perubahan nilai wajar aset program selama tahun The movement of fair value of plan assets during the
berjalan adalah sebagai berikut: year was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Perubahan nilai wajar aset program - Movement in the fair value of
Bank: plan assets - Bank:
Nilai wajar aset program, Fair value of plan assets,
awal tahun 634,515) 657,834) beginning of year
Termasuk dalam laba rugi Included in profit or loss
Pendapatan bunga atas aset
program 41,776) 46,304) Interest income on plan assets
Termasuk dalam penghasilan Included in other comprehensive
komprehensif lain income
Imbal hasil atas aset program di Return on plan assets
luar pendapatan bunga (21,363) (32,115) excluding interest income
Lain-lain Others
Kontribusi yang dibayarkan
kepada program 189,209) 95,501) Contributions paid into the plan
Imbalan yang dibayarkan oleh
program (106,897) (133,009) Benefits paid by the plan
Pembayaran penyelesaian dari
aset program (1,371) -) Settlement payments from plan assets
Nilai wajar aset program, Fair value of plan assets,
akhir tahun - Bank 735,869) 634,515) end of year - Bank
Nilai wajar aset program, Fair value of plan assets,
akhir tahun – Entitas Anak 202,547) 204,563) end of year – Subsidiaries
Nilai wajar aset program, Fair value of plan assets,
akhir tahun 938,416) 839,078) end of year
162
Page 573
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Jumlah yang diakui di laba rugi: The amounts recognised in profit/loss are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Bank Bank
Biaya jasa kini 89,220) 86,161) Current service cost
Biaya bunga 42,266) 45,241) Net interest
Pembayaran penyelesaian dari aset
program 1,371) -) Settlement payments from plan assets
Pendapatan bunga atas aset program (41,776) (46,304) Interest income on plan assets
91,081) 85,098)
Entitas Anak 90,070) 34,122) Subsidiaries
Jumlah, disajikan sebagai bagian Total, included in personnel
dari beban tenaga kerja 181,151) 119,220) expenses
Jumlah yang diakui di penghasilan komprehensif The amounts recognised in other comprehensive
lain: income are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Bank Bank
Kerugian/keuntungan aktuaria yang
timbul dari: Actuarial losses/gains arising from:
- Asumsi keuangan (12,683) 21,597) Financial assumption -
- Penyesuaian pengalaman (25,361) 37,862) Experience adjustment -
Imbal hasil atas aset program di luar Return on plan assets
pendapatan bunga 21,363) 32,115) excluding interest income
(16,681) 91,574)
Entitas Anak (36,685) 688) Subsidiaries
Jumlah, disajikan sebagai bagian Total, included in personnel
dari beban tenaga kerja (53,366) 92,262) expenses
Seluruh aset program pensiun ditempatkan pada All of the pension plan assets are placed on cash with
kas di Bank Kustodian dan deposito berjangka di the Custodian Bank and time deposits with the Bank.
Bank.
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through its
program imbalan pasti. Risiko yang paling signifikan defined benefit pension plans. The most significant
adalah sebagai berikut: risks are as follows:
Volatilitas aset Asset volatility
Liabilitas program dihitung menggunakan tingkat The plan liabilities are calculated using a discount
diskonto yang merujuk kepada tingkat imbal hasil rate set with reference to government bond yields. If
obligasi pemerintah. Jika imbal hasil aset program plan assets underperform this yield, then this will
lebih rendah, maka akan menghasilkan defisit create a deficit.
program.
Perubahan imbal hasil obligasi Changes in bond yields
Kenaikan pada liabilitas program disebabkan oleh An increase in plan liabilities is caused by the
penurunan imbal hasil obligasi pemerintah, decrease in government bond yields, although this
walaupun hal ini akan saling hapus dengan pilihan will be partially offset by the Bank’s investment
jenis investasi Bank. choices.
163
Page 574
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Bank terekspos dengan beberapa risiko melalui The Bank is exposed to a number of risks through its
program imbalan pasti. Risiko yang paling signifikan defined benefit pension plans. The most significant
adalah sebagai berikut: (lanjutan) risks are as follows: (continued)
Perubahan imbal hasil obligasi (lanjutan) Changes in bond yields (continued)
Hasil yang diharapkan dari aset program ditentukan The expected return on plan assets is determined by
dengan mempertimbangkan imbal hasil yang considering the expected returns available on the
diharapkan atas aset dengan mengacu pada assets underlying the current investment policy.
kebijakan investasi. Hasil investasi bunga tetap Expected yields on fixed interest investments are
didasarkan pada hasil pengembalian bruto pada based on gross redemption yields as of the reporting
tanggal pelaporan. date.
Nilai kini liabilitas imbalan pascakerja, nilai wajar The Bank’s present value of post-employment
aset program, defisit/surplus pada program dan benefits liabilities, fair value of plan assets,
penyesuaian pada liabilitas program dan aset deficit/surplus of program and adjustment on plan
program Bank untuk 5 tahun terakhir adalah sebagai liabilities and plan assets for the last 5 years were as
berikut: follows:
31 Desember/December
2024 2023 2022 2021 2020
Nilai kini liabilitas imbalan Present value of defined
manfaat pasti 718,722) 732,177) 674,325)) 671,934) 640,803) benefits liabilities
Nilai wajar aset program (735,869) (634,515) (657,834) (657,951) (545,350) Fair value of plan assets
The effect of the
Dampak batas atas aset -) -) -)) -) -) asset ceiling
(17,147) 97,662) 16,491)) 13,983) 95,453)
Defisit (surplus) Deficit (surplus)
Penyesuaian pada (38,043) 59,459) 8,856)) (2,829)) 56,208) Adjustments on
liabilitas program plan liabilities
Penyesuaian pada aset
21,363) 32,115) 34,244)) 22,272)) 19,473)
program Adjustments on plan assets
Manajemen berkeyakinan bahwa estimasi liabilitas Management believes that the estimated post-
atas imbalan pascakerja pada tanggal employment benefit liabilities as of
31 Desember 2024 dan 2023 telah memenuhi 31 December 2024 and 2023 have fulfilled the
persyaratan minimum UUCK. minimum requirements of UUCK.
Durasi rata-rata tertimbang dari liabilitas program The Bank’s weighted average duration of the defined
pensiun imbalan pasti Bank pada tanggal 31 benefit pension obligation as of 31 December 2024
Desember 2024 dan 2023 masing-masing adalah and 2023 was 6.32 years and 11.61 years,
6,32 tahun dan 11,61 tahun. respectively.
Analisis jatuh tempo yang diharapkan dari manfaat The Bank’s expected maturity analysis of
pensiun yang tidak didiskontokan Bank adalah undiscounted pension benefits are as follows:
sebagai berikut:
31 Desember/ December
2024 2023
Hingga 1 tahun 82,501 84,573 Up to 1 year
Lebih dari 1 - 2 tahun 101,567 71,839 More than 1 - 2 years
Lebih dari 2 - 5 tahun 273,204 284,254 More than 2 - 5 years
Lebih dari 5 tahun 2,690,632 3,528,404 More than 5 years
164
Page 575
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan pascakerja (lanjutan) Post-employment benefits (continued)
Sensitivitas liabilitas imbalan pascakerja untuk The Bank’s sensitivity of the post-employment
perubahan asumsi aktuarial utama Bank adalah benefits liabilities to changes in the key actuarial
sebagai berikut: assumptions was as follows:
2024
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (42,690) (6,022)
Tingkat diskonto Penurunan/Decrease 1% 47,660) 7,160) Discount rate
Kenaikan/Increase 1% 42,733) 8,548)
Tingkat kenaikan gaji Penurunan/Decrease 1% (57,651) (7,355) Salary increase rate
2023
Kenaikan Kenaikan
(penurunan) nilai (penurunan)
kini kewajiban beban jasa kini/
imbalan kerja/ Increase
Increase (decrease) (decrease) in
Perubahan asumsi/ in present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (48,514) (6,750)
Tingkat diskonto Penurunan/Decrease 1% 54,581) 7,712) Discount rate
Kenaikan/Increase 1% 52,384) 7,489)
Tingkat kenaikan gaji Penurunan/Decrease 1% (47,377) (6,669) Salary increase rate
Analisis sensitivitas didasarkan pada perubahan The sensitivity analysis is based on a change in an
atas satu asumsi aktuarial dimana asumsi lainnya assumption while holding all other assumptions
dianggap konstan. Dalam prakteknya, hal ini jarang constant. In practice, this is unlikely to occur and
terjadi dan perubahan beberapa asumsi mungkin changes in some of the assumptions may be
saling berkorelasi. Dalam perhitungan sensitivitas correlated. When calculating the sensitivity of the
kewajiban imbalan pascakerja atas asumsi aktuarial post-employment benefits liabilities to significant
utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present
kewajiban imbalan pasti dengan menggunakan value of the defined benefits liabilities calculated with
metode projected unit credit di akhir periode the projected unit credit method at the end of the
pelaporan) telah diterapkan seperti dalam reporting period) has been applied as when
penghitungan liabilitas imbalan pascakerja. calculating the post-employment benefits liabilities.
Pada 31 Desember 2024 dan 2023, imbalan As of 31 December 2024 and 2023, post-employment
pascakerja untuk karyawan dengan Perjanjian Kerja benefits for the Subsidiary (BTPNS)'s employees
Waktu Tertentu (PKWT) Entitas Anak (BTPNS) with Fixed Time Employment Agreements (PKWT)
dihitung secara internal dengan metode historical are calculated internally using the historical stay rate
stay rate masing-masing sebesar Rp 22.685 dan method amounted to Rp 22,685 and Rp 11,556,
Rp 11.556. respectively.
Imbalan kerja jangka panjang lainnya Other long term employee benefits
Grup juga memberikan manfaat cuti panjang kepada The Group also provides its employees with long
karyawannya. leave benefit.
165
Page 576
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Perubahan liabilitas yang timbul dari imbalan kerja The movement in the Bank’s liabilities arising from
jangka panjang lainnya adalah sebagai berikut: other long-term employee benefits was as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Perubahan nilai kini liabilitas Movement in present value of defined
imbalan manfaat pasti - Bank: benefits liabilities - Bank:
Nilai kini liabilitas imbalan manfaat Present value of defined liabilities,
pasti, awal tahun 30,423) 26,790) beginning of the year
Termasuk dalam laba rugi Included in profit or loss
Beban jasa kini 5,515) 5,307) Current service cost
Beban bunga 1,767) 1,746) Interest expense
Pengukuran kembali: Remeasurement:
- Penyesuaian asumsi keuangan (1,032) 396) Changes in financial assumptions -
- Penyesuaian pengalaman 464 ) (386) Experience adjustment -
Lain-lain Others
Imbalan yang dibayarkan dari
pemberi kerja selama tahun Benefits paid by the employer
berjalan (4,468) (3,430) during year
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun - Bank 32,669 30,423) benefits liabilities, end of year - Bank
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun – Entitas Anak benefits liabilities, end of year -
13,652) 13,716) Subsidiaries
Nilai kini liabilitas imbalan manfaat Present value of net defined
pasti, akhir tahun 46,321) 44,139) benefits liabilities, end of year
Jumlah yang diakui di laba rugi: The amounts recognised in profit/loss are as follows:
Tahun berakhir 31 Desember/
Year ended 31 December
2024 2023
Bank Bank
Biaya jasa kini 5,515) 5,307) Current service cost
Biaya bunga 1,767) 1,746) Net interest
Pengukuran kembali manfaat jangka Remeasurement of long term
panjang (568) 10) employee benefit
6,714) 7,063)
Entitas Anak 2,131) 2,100) Subsidiaries
Jumlah, disajikan sebagai bagian Total, included in personnel
dari beban tenaga kerja 8,845) 9,163) expenses
Analisis jatuh tempo yang diharapkan dari imbalan The Bank’s expected maturity analysis of
jangka panjang lainnya tidak didiskontokan Bank undiscounted other long-term employee benefits was
adalah sebagai berikut: as follows:
31 Desember/ December
2024 2023
Hingga 1 tahun 8,583 3,877 Up to 1 year
Lebih dari 1 - 2 tahun 4,592 7,951 More than 1 - 2 years
Lebih dari 2 - 5 tahun 15,584 20,644 More than 2 - 5 years
Lebih dari 5 tahun 25,311 63,783 More than 5 years
166
Page 577
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
26. LIABILITAS IMBALAN KERJA KARYAWAN 26. EMPLOYEE BENEFITS LIABILITIES (continued)
(lanjutan)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long term employee benefits (continued)
Sensitivitas dari kewajiban imbalan jangka panjang The Bank’s sensitivity of the other long term
lainnya terhadap perubahan asumsi aktuaria utama employee benefit obligation to changes in the
Bank adalah sebagai berikut: principal actuarial assumptions was as follows:
2024
Kenaikan
(penurunan) nilai
kini kewajiban Kenaikan
imbalan kerja/ (penurunan) beban
increase jasa kini/ Increase
(decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (1,223) (191)
Tingkat diskonto Penurunan/Decrease 1% 1,335) 229) Discount rate
Kenaikan/Increase 1% 1,770) 291)
Tingkat kenaikan gaji Penurunan/Decrease 1% (999) (251) Salary increase rate
2023
Kenaikan
(penurunan) nilai
kini kewajiban Kenaikan
imbalan kerja/ (penurunan) beban
increase jasa kini/ Increase
(decrease) in (decrease) in
Perubahan asumsi/ present value of current service
Change in assumption benefit obligation cost
Kenaikan/Increase 1% (1,335) (240)
Tingkat diskonto Penurunan/Decrease 1% 1,462) 264) Discount rate
Kenaikan/Increase 1% 1,284) 233)
Tingkat kenaikan gaji Penurunan/Decrease 1% (1,196) (217) Salary increase rate
27. LIABILITAS LAIN-LAIN 27. OTHER LIABILITIES
31 Desember/December
2024 2023
Utang kepada pihak ketiga 298,397 37,685) Payable to third parties
Beban Standby Letter of Credit Accrued Standby Letter of
yang masih harus dibayarkan 169,166 81,244) Credit fee
Transaksi ATM, transfer dan ATM transaction, transfer and
tagihan merchant 93,803 253,284) merchant bills
Pendapatan ditangguhkan 71,491 102,106) Unearned income
Loan insurance premium
Utang premi asuransi kredit 57,765 53,828) payable
Transaksi kartu kredit 45,995 32,408) Credit card transaction
Cadangan kerugian penurunan nilai Allowance for impairment losses -
- komitmen 43,266 52,990) commitment
Utang premi asuransi lainnya 41,104 11,184) Other insurance premium payable
Setoran konsumen 39,641 -) Customer deposit
Komisi asuransi diterima dimuka 26,276 11,667) Up-front insurance commission
Term Deposit DHE - 250,201) DHE Term Deposit
Lainnya 294,354 188,911) Others
1,181,258 1,075,508)
167
Page 578
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
27. LIABILITAS LAIN-LAIN (lanjutan) 27. OTHER LIABILITIES (continued)
Utang kepada pihak ketiga sebagian besar Payables to third parties mainly represent operational
merupakan utang operasional kepada mitra bisnis payable to the business partner of the Bank and
Bank dan Entitas Anak dalam menjalankan kegiatan Subsidiaries in carrying out operational activities.
operasional.
Beban standby letter of credit yang masih harus Accrued standby letter of credit fees are expense for
dibayarkan merupakan beban yang masih harus standby letter of credit related to loans that has not
dibayar atas standby letter of credit terkait dengan been paid.
pinjaman yang diberikan.
Transaksi ATM, transfer dan tagihan merchant ATM transaction, transfer and merchant bills consist
merupakan hutang atas transaksi ATM dan transfer of payables from Bank ATM transaction and transfer
antar bank yang akan diselesaikan pada hari kerja to other banks that will be settled on the next working
berikutnya, serta transaksi dengan merchant melalui day and transactions with merchants via payment
gerbang pembayaran. gateway.
Pendapatan ditangguhkan terdiri atas pendapatan Unearned income consists of deferred income from
dari pembelian wesel ekspor yang ditangguhkan. export bills purchase.
Utang premi asuransi kredit terdiri dari pembayaran Loan insurance premium payable consists of
premi asuransi yang telah diterima dari debitur namun insurance premium payment from debtors but not yet
belum dibayarkan kepada perusahaan asuransi. paid to the insurance companies.
Utang premi asuransi lainnya merupakan premi Other insurance premium payables are employees
terutang atas asuransi karyawan Grup. insurance premium payables of the Group.
Komisi asuransi diterima dimuka merupakan komisi Up-front insurance commission represents
yang diterima dari Allianz atas penjualan produk- commission received from Allianz for the sales of
produk asuransi kepada nasabah Bank melalui insurance products to the Bank’s customers through
seluruh saluran distribusi Bank. all Bank’s distribution channels.
Term Deposit DHE adalah instrumen untuk DHE Term Deposit is an instrument to facilitate the
memfasilitasi penempatan DHE oleh eksportir di placement of DHE by exporters at Bank Indonesia,
Bank Indonesia, dengan mekanisme pass on with a pass-on mechanism for bank transactions with
transaksi bank dengan nasabah (eksportir) kepada customers (exporters) to Bank Indonesia. The Bank
Bank Indonesia. Bank mencatat Term Deposit DHE records DHE Term Deposit in the other assets
tersebut pada akun aset lain-lain dan kewajiban account and liabilities to customers (exporters) in the
kepada nasabah (eksportir) pada akun liabilitas lain- other liabilities account with same amount.
lain dengan nilai yang sama.
Lainnya terutama terdiri dari akun tampungan Others mainly consist of temporary account for
sementara atas penerimaan pembayaran dimuka upfront funds received from debtors, which will be
dari debitur, yang akan didebitkan pada waktu debited upon future contract settlement period.
penyelesaian kewajiban kontrak dengan debitur di
masa mendatang.
168
Page 579
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER 28. TEMPORARY SYIRKAH FUNDS
Grup menyajikan dana syirkah temporer The Group presented temporary syirkah funds in
sehubungan dengan kepemilikan Bank atas Entitas relation to the Bank’s ownership in the Subsidiary
Anak yang bergerak di bidang perbankan syariah. which engages in sharia banking industry.
31 Desember/December
2024 2023
Simpanan nasabah: Deposits from customer:
Tabungan mudharabah 976,622 889,954 Mudharabah saving deposits
Deposito mudharabah 8,622,730 9,030,866 Mudharabah time deposits
9,599,352 9,920,820
a. Tabungan mudharabah a. Mudharabah savings deposits
Berdasarkan hubungan dengan pihak lawan: By relationship with counterparties:
31 Desember/December
2024 2023
Pihak ketiga 972,327 887,890 Third parties
Pihak berelasi 4,295 2,064 Related parties
976,622 889,954
Berdasarkan jenis produk: By product type:
31 Desember/December
2024 2023
Tepat Tabungan Platinum Bisnis 553,060 482,900 Tepat Tabungan Platinum Bisnis
Tepat Tabungan Platinum 410,084 404,721 Tepat Tabungan Platinum
Tepat Tabungan Payroll 8,528 1,798 Tepat Tabungan Payroll
Tepat Tabungan Rencana 4,950 535 Tepat Tabungan Rencana
976,622 889,954
Kisaran tingkat bagi hasil untuk tabungan The range of profit sharing rate for mudharabah
mudharabah untuk tahun- tahun yang berakhir savings deposits for the years ended
pada tanggal 31 Desember 2024 dan 2023 31 December 2024 and 2023 were as follows:
adalah sebagai berikut:
31 Desember/December 2024
Tingkat bagi hasil (%) 1.00% - 4.00% Profit sharing rate (%)
31 Desember/December 2023
Tingkat bagi hasil (%) 1.00% - 4.00% Profit sharing rate (%)
Pada tanggal 31 Desember 2024, terdapat As of 31 December 2024, there were
tabungan mudharabah yang diblokir dan mudharabah saving deposits which were
dijadikan sebagai jaminan atas pembiayaan blocked and used as collateral for financing
sebesar Rp 2.750. Pada tanggal 31 Desember amounted to Rp 2,750. As of 31 December 2023,
2023, tidak ada saldo tabungan mudharabah there were no mudharabah saving deposits
yang diblokir atau dijadikan sebagai jaminan which were blocked and used as collateral for
atas pembiayaan. financing.
169
Page 580
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
28. DANA SYIRKAH TEMPORER (lanjutan) 28. TEMPORARY SYIRKAH FUNDS (continued)
b. Deposito mudharabah b. Mudharabah time deposits
31 Desember/December
2024 2023
Pihak ketiga 8,593,793 8,997,932 Third parties
Pihak berelasi 28,937 32,934 Related parties
8,622,730 9,030,866
Berdasarkan jangka waktu By time period
31 Desember/December
2024 2023
Bukan Bank Non-Bank
Lebih dari 1 - 3 bulan 8,362,894 8,721,511 More than 1 - 3 months
Lebih dari 3 - 6 bulan 216,247 299,222 More than 3 - 6 months
Lebih dari 9 - 12 bulan 43,566 10,111 More than 9 - 12 months
Lebih dari 12 bulan 23 22 More than 12 months
8,622,730 9,030,866
Berdasarkan sisa umur sampai jatuh tempo By remaining period to maturity date
31 Desember/December
2024 2023
Bukan Bank Non-Bank
Hingga 1 bulan 7,325,763 7,329,602 Up to 1 month
Lebih dari 1 - 3 bulan 1,127,204 1,467,881 More than 1 - 3 months
Lebih dari 3 - 6 bulan 144,231 227,896 More than 3 - 6 months
Lebih dari 6 - 9 bulan 18,498 1,193 More than 6 - 9 months
Lebih dari 9 - 12 bulan 7,011 4,294 More than 9 - 12 months
Lebih dari 12 bulan 23 - More than 12 months
8,622,730 9,030,866
Kisaran tingkat bagi hasil untuk deposito The range of profit sharing rate for mudharabah time
mudharabah selama tahun- tahun berakhir 31 deposits during the years ended 31 December 2024
Desember 2024 dan 2023 adalah sebagai berikut: and 2023 were as follows:
31 Desember/December 2024
Tingkat bagi hasil (%) 2.76% - 6.51% Profit sharing rate (%)
31 Desember/December 2023
Tingkat bagi hasil (%) 2.76% - 6.27% Profit sharing rate (%)
Pada tanggal 31 Desember 2024, terdapat deposito As of 31 December 2024, there were mudharabah
mudharabah yang diblokir dan dijadikan sebagai time deposits which were blocked and used as
jaminan atas pembiayaan sebesar collateral for financing amounted to Rp 16,250
Rp 16.250 (31 Desember 2023: Rp 8.000). (31 December 2023: Rp 8,000).
170
Page 581
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. MODAL SAHAM 29. SHARE CAPITAL
Susunan pemegang saham Bank pada tanggal Based on the share registrant record from Biro
31 Desember 2024 dan 2023 berdasarkan catatan Administrasi Efek, the composition of the Bank’s
yang dibuat oleh Biro Administrasi Efek adalah shareholders composition as of 31 December 2024
sebagai berikut: and 2023 was as follows:
31 Desember/December 2024
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 9,692,826,975 91.047% 193,857 Corporation
PT Bank Central Asia Tbk 109,742,058 1.031% 2,195 PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137 0.113% 240 (Persero) Tbk
Direksi The Board of Directors
Merisa Darwis 223,858 0.002% 4 Merisa Darwis
Henoch Munandar 175,256 0.002% 3 Henoch Munandar
Hanna Tantani 149,654 0.001% 3 Hanna Tantani
Dini Herdini 120,072 0.001% 2 Dini Herdini
Darmadi Sutanto 90,620 0.001% 2 Darmadi Sutanto
Kaoru Furuya 4,500 0.000% 0 Kaoru Furuya
Atsushi Hino 1,500 0.000% 0 Atsushi Hino
Keishi Kobata 1,500 0.000% 0 Keishi Kobata
Dewan Komisaris The Board of Commissioners
Ongki Wanadjati Dana* 860,804 0.008% 17 )Ongki Wanadjati Dana*
Publik 829,741,814 7.794% 16,596 Public
10,645,945,748 100.000% 212,919
31 Desember/December 2023
Lembar saham/ Persentase/
Pemegang saham Number of shares Percentage Jumlah/Total Shareholder
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation 7,332,311,297 89.977% 146,646 Corporation
PT Bank Central Asia Tbk 83,052,408 1.019% 1,661 PT Bank Central Asia Tbk
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 12,007,137 0.147% 240 (Persero) Tbk
Direksi The Board of Directors
Merisa Darwis 222,358 0.003% 4 Merisa Darwis
Henoch Munandar 173.756 0.002% 3 Henoch Munandar
Hanna Tantani 148,154 0.002% 3 Hanna Tantani
Dini Herdini 118,572 0.001% 2 Dini Herdini
Darmadi Sutanto 89,120 0.001% 2 Darmadi Sutanto
Kaoru Furuya 3,000 0.000% 0 Kaoru Furuya
Dewan Komisaris The Board of Commissioners
Ongki Wanadjati Dana* 860,804 0.011% 17 )Ongki Wanadjati Dana*
Publik 627,828,065 7.704% 12,558 Public
8,056,814,671 98.867% 161,136
Saham tresuri 92,292,198 1.133% 1,846 Treasury shares
8,149,106,869 100.000% 162,982
*Kepemilikan saham berasal dari program Material Risk Taker saat yang *Share ownership comes from the Material Risk Taker program when he
bersangkutan menjabat sebagai anggota Direksi Bank served as a member of the Board of Directors of the Company.
Pemegang saham publik terdiri dari pemegang Public shareholders consist of shareholders whose
saham yang memiliki kurang dari 5% jumlah saham ownership are less than 5% of outstanding shares.
beredar. Seluruh saham yang beredar adalah All the outstanding shares are ordinary shares.
saham biasa.
171
Page 582
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
29. MODAL SAHAM (lanjutan) 29. SHARE CAPITAL (continued)
Perubahan komposisi kepemilikan saham Changes in share ownership composition
Pada tanggal 20 Maret 2024, Bank telah On 20 March 2024, Bank completed the Capital
menyelesaikan proses Penambahan Modal dengan Increase process by Granting Pre-emptive Rights II
Memberikan Hak Memesan Efek Terlebih Dahulu II (Right Issue II) which resulted in a change in the
(Right Issue II) yang menyebabkan perubahan Bank's paid-up capital to Rp 212,919 or
Modal disetor Bank menjadi Rp 212.919 atau 10,645,945,748 shares (full amount). The Bank has
10.645.945.748 saham (nilai penuh). Bank telah disclosed its plan to use the proceed from the Rights
mengungkapkan rencana penggunaan dana Rights Issue fund to expand and invest through the
Issue II tersebut adalah untuk melakukan ekspansi acquisition of financing business companies namely
dan investasi usaha melalui pengambilalihan PT Oto Multiartha and PT Summit Oto Finance, from
perusahaan-perusahaan yang bergerak di kegiatan SMBC and PT Summit Auto Group (a subsidiary of
usaha pembiayaan yaitu PT Oto Multiartha dan PT Sumitomo Corporation).
Summit Oto Finance, dari SMBC dan PT Summit
Auto Group (anak perusahaan dari Sumitomo
Corporation).
Dalam rangka pemenuhan Peraturan Bursa Efek In order to comply with the Indonesia Stock
Indonesia mengenai kepemilikan saham oleh Exchange Regulation on the shares ownership by
pemegang saham bukan pengendali dan bukan non controlling shareholders and non majority
pemegang saham utama sebesar minimum 7,5% shareholders totalling at the minimum of 7.5% of
dari jumlah saham yang diterbitkan oleh Bank total issued shares of the Bank (Free Float Shares),
(Saham Free Float), Bank telah melakukan Bank has sold back the Treasury Stock to public and
pengalihan Treasury Stock kepada publik dan then withdraw the Treasury Stock to become the
kemudian menarik saham tersebut ke dalam Modal Bank’s Issued Capital, and in addition there were
Ditempatkan Bank, dan dengan selain itu pengalihan twice shares transfer by SMBC in December 2023 to
saham yang dilakukan SMBC sebanyak 2 kali pada become 7,332,311,297 shares or around 89.977%
bulan Desember 2023 menjadi 7.332.311.297 and in January 2024 to become 7,132,311,297
saham atau sekitar 89,977% dan bulan Januari 2024 shares or around 87.522%, also by the completion
menjadi 7.132.311.297 saham atau sekitar 87,522%, of the Rights Issue II process, the total of Bank's Free
serta dengan rampungnya proses Right Issue II Float Shares as of the end of December 2024 are
Jumlah Saham Free Float Bank per akhir Desember 7.875%, therefore this Free Float Shares
2024 adalah sebesar 7,875% sehingga ketentuan requirement has been met.
Saham Free Float ini telah terpenuhi.
30. PENGGUNAAN LABA BERSIH 30. APPROPRIATION OF NET INCOME
Para pemegang saham menyetujui penggunaan The shareholders approved the appropriation of net
laba bersih untuk tahun buku 2023 berdasarkan akta income for the financial year of 2023 based on
notaris No. 56 tanggal 21 Maret 2024 dari Notaris notarial deed No. 56 dated 21 March 2024 of Notary
Ashoya Ratam, S.H., Mkn sebagai berikut: (1) Bank Ashoya Ratam, S.H., Mkn as follows: (1) the Bank
akan membagikan dividen kepada para pemegang shall distribute dividend to the shareholders for 20%
saham sejumlah 20% dari Laba Bersih atau kurang of Net Profit or more or less Rp 471,667 or estimated
lebih sebesar Rp 471.667 atau kurang lebih sebesar at Rp 44.3 per share (full amount); (2) the Bank
Rp 44,3 per lembar saham (nilai penuh); (2) Bank booked appropriated retained earnings amounting to
membukukan saldo laba yang sudah ditentukan Rp 10,357; and (3) the remaining balance of the net
penggunaannya sebesar Rp10.357; dan (3) sisa income earned by the Bank in financial year of 2023
dari total laba bersih yang diperoleh Bank untuk after being deducted with the allocation for Dividend
tahun buku 2023 setelah dikurangi penyisihan Dana and appropriated retained earnings shall be declared
Dividen dan saldo laba yang sudah ditentukan as unappropriated retained earnings.
penggunaannya, akan dibukukan sebagai saldo
laba yang belum ditentukan penggunaannya.
Pada tanggal 19 April 2024, distribusi dividen tunai On 19 April 2024, the Bank’s cash dividends have
Bank dibayarkan kepada pemegang saham sesuai been paid to Shareholders based on Shareholders
Daftar Pemegang Saham pada tanggal 3 April 2024 Registry as of 3 April 2024 (recording date).
(tanggal pencatatan).
172
Page 583
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
30. PENGGUNAAN LABA BERSIH (lanjutan) 30. APPROPRIATION OF NET INCOME (continued)
Para pemegang saham menyetujui penggunaan laba The shareholders approved the appropriation of net
bersih untuk tahun yang berakhir pada tanggal 31 income for the year ended 31 December 2022 based on
Desember 2022 berdasarkan akta notaris No. 31 notarial deed No. 31 dated 13 April 2023 of Notary
tanggal 13 April 2023 dari Notaris Ashoya Ratam, S.H., Ashoya Ratam, S.H., Mkn as follows: (1) the Bank shall
Mkn sebagai berikut: (1) Bank akan membagikan distribute dividend to the shareholders for 20% (twenty
dividen kepada para pemegang saham sejumlah 20% percent) of Net Profit or more or less
dari Laba Bersih atau kurang lebih sebesar Rp619.140 IDR 619,140 or estimated at Rp 76,8 per share (full
atau kurang lebih sebesar Rp 76,8 per lembar saham amount); (2) the Bank not allocate any appropriated
(nilai penuh); (2) Bank tidak menyisikan saldo laba yang retained earnings, in regards to the minimum
sudah ditentukan penggunaannya, mengingat appropriated retained earnings as stipulated in the Article
persyaratan minimum saldo laba yang sudah ditentukan 70 of the Limited Liability Company Law, i.e. minimum
penggunaannya sebagaimana diatur dalam UUPT, 20% of the Issued and Fully Paid-Up Capital of the
yaitu minimum 20% dari Modal Ditempatkan dan Disetor Company has been complied; and (3) the remaining
Penuh Perseroan telah terpenuhi; dan (3) Sisa dari total balance of the net income earned by the Bank in financial
laba bersih yang diperoleh Bank untuk tahun buku yang year ended on 31 December 2022 after being deducted
berakhir pada tanggal 31 Desember 2022 setelah with the allocation for Dividend shall be declared as
dikurangi penyisihan Dividen dinyatakan sebagai saldo unappropriated retained earnings.
laba yang belum ditentukan penggunaannya.
Pada tanggal 12 Mei 2023, distribusi dividen tunai Bank On 12 May 2023, the Bank’s cash dividends have been
dibayarkan kepada pemegang saham sesuai Daftar paid to Shareholders based on Shareholders Registry as
Pemegang Saham pada tanggal 3 Mei 2023 (tanggal of 3 May 2023 (recording date).
pencatatan).
31. PENDAPATAN BUNGA DAN PENDAPATAN 31. INTEREST INCOME AND SHARIA INCOME
SYARIAH
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Pendapatan bunga Interest income
Pihak ketiga: Third parties:
Pinjaman yang diberikan 12,290,673 11,575,894) Loans
Piutang pembiayaan 4,029,323 -) Financing receivables
Efek-efek 1,067,243 587,357) Securities
Giro dan penempatan pada Bank Current accounts and placements with
Indonesia 464,840 668,093) Bank Indonesia
Giro dan penempatan pada bank-bank Current accounts and placements with
lain 73,935 27,519) other banks
Efek-efek yang dibeli dengan
janji dijual kembali 2,532 436) Reverse repo
17,928,546 12,859,299)
Pihak berelasi: Related parties:
Pinjaman yang diberikan 261,412 210,192) Loans
18,189,958 13,069,491)
Pendapatan syariah Sharia income
Pihak ketiga: Third parties:
Pendapatan dari jual beli - marjin Income from sales and purchases -
murabahah 4,816,480 5,299,422) murabahah margin
Pendapatan dari bagi hasil - pembiayaan Revenue from profit sharing -
musyarakah 13,330 4,727) musyarakah financing
Pendapatan dari piutang lainnya - Qardh - 182) Income from other receivables - Qardh
Pendapatan usaha utama lainnya 568,567 441,851) Other main operating income
5,398,377 5,746,182)
23,588,335 18,815,673)
173
Page 584
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31. PENDAPATAN BUNGA DAN PENDAPATAN 31. INTEREST INCOME AND SHARIA INCOME
SYARIAH (lanjutan) (continued)
Pendapatan usaha utama lainnya dari pendapatan Other main operating income from sharia income are
syariah merupakan pendapatan dari investasi pada income from investment in marketable securities,
surat berharga, SBIS, FASBIS, SIMA dan SBIS, FASBIS, SIMA and placement in deposits .
penempatan pada deposito.
32. BEBAN BUNGA DAN HAK PIHAK KETIGA ATAS 32. INTEREST EXPENSE AND THIRD PARTIES’
BAGI HASIL DANA SYIRKAH TEMPORER SHARES ON RETURN OF TEMPORARY SYIRKAH
FUNDS
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban bunga Interest expenses
Pihak ketiga: Third parties:
Simpanan nasabah Customer deposits
Deposito berjangka 2,454,894 2,287,754) Time deposits
Deposito on call 844,164 656,555) Deposits on call
Giro 485,846 447,275) Current accounts
Tabungan 349,714 200,387) Saving deposits
4,134,618 3,591,971)
Pinjaman yang diterima 1,730,926 814,930) Borrowings
Simpanan dari bank-bank lain 35,825 72,452) Deposits from other banks
Utang obligasi 74,585 16,013) Bonds payables
Liabilitas sewa 18,234 18,162) Lease liabilities
Efek-efek yang dibeli dengan janji dijual
kembali 9 -) Reverse repo
5,994,197 4,513,528)
Beban bunga Interest expenses
Pihak berelasi: Related parties:
Simpanan nasabah Customer deposits
Deposito berjangka 7,533 13,535) Time deposits
Deposito on call 3,260 6,205) Deposits on call
Tabungan 377 365) Saving deposits
Giro 32 11) Current accounts
11,202 20,116)
Pinjaman yang diterima 1,572,941 1,526,140) Borrowings
Pinjaman subordinasi 214,131 203,739) Subordinated loans
Simpanan dari bank-bank lain 83,478 21,654) Deposits from other banks
1,881,752 1,771,649)
7,875,949 6,285,177)
Beban syariah Sharia expenses
Hak pihak ketiga atas bagi hasil dana Third parties’ shares on return of
syirkah temporer temporary syirkah funds
Pihak ketiga 502,226 483,643) Third parties
Pihak berelasi 1,878 1,970) Related parties
Pinjaman yang diterima - 820) Borrowings
504,104 486,433)
8,380,053 6,771,610)
174
Page 585
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
33. PENDAPATAN PROVISI DAN KOMISI 33. FEE AND COMMISSION INCOME
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Pendapatan komisi atas pinjaman
yang diberikan 445,779 280,029) Loan commission income
Pendapatan dari komisi bancassurance Bancassurance and investment product
dan produk investasi 366,442 150,190) commission income
Pendapatan administrasi piutang Financing receivables administration
pembiayaan 338,598 -) income
Denda pelunasan dipercepat dan Early termination penalty and late
keterlambatan 194,989 92,658) penalty income
Pendapatan jasa transfer 171,065 154,697) Transfer fees income
Pendapatan komisi atas dana pihak Third party fund
ketiga 169,369 178,291) commission income
Insentif dari kerja sama dengan pihak
ketiga 118,032 13,649) Incentive from cooperation with third parties
Komisi akseptasi 54,688 49,632) Acceptance commissions
Pendapatan komisi lainnya 38,334 23,437) Other commission income
1,897,296 942,583)
Pendapatan komisi atas pinjaman yang diberikan Loan and third party fund commission income are
dan dana pihak ketiga adalah pendapatan administration income received from bank’s loans
administrasi yang diperoleh dari pinjaman yang and third party fund.
diberikan oleh bank dan dana pihak ketiga.
Pendapatan dari komisi bancassurance dan produk Bancassurance and investment product commission
investasi adalah pendapatan atas komisi yang income are income from commission received by the
diterima oleh Bank berdasarkan perjanjian yang Bank based on agreements with insurance
telah disepakati dengan perusahaan asuransi: companies: Allianz, Avrist (Note 12m) and insurance
Allianz, Avrist (Catatan 12m) dan asuransi jaminan. of collateral.
Pendapatan komisi lainnya adalah imbalan atas jasa Other commission income are fee income from
penanganan dokumen, seperti konfirmasi audit dan documents handling, such as audit confirmation and
jasa pengiriman kurir. courier services.
34. BEBAN PROVISI DAN KOMISI 34. FEE AND COMMISSION EXPENSE
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban jasa transfer 340,200 244,630) Transfer fees expense
Beban reward transaksi 213,872 35,093) Transaction reward expense
Beban akuisisi kredit 68,036 54,408) Credit acquisition expense
Beban komisi transaksi tresuri 43,433 38,806) Treasury transaction commission expense
Other administration and
Beban administrasi dan komisi lainnya 2,101 8,763) commission expense
667,642 381,700)
Beban jasa transfer adalah beban atas jasa transfer Transfer fee expense is interbank transfer service
antar bank yang dilakukan oleh nasabah dan carried out by customers and borne by the Bank.
ditanggung oleh Bank.
Beban reward transaksi adalah beban atas Transaction reward expense is an expense for the
pencadangan reward point yang nasabah dapatkan provision of reward points that customers receive in
sehubungan dengan transaksi kartu kredit, promosi, connection with credit card transactions, promotions,
dan aktivitas transaksi perbankan lainnya. and other banking transaction activities.
175
Page 586
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
35. PENDAPATAN OPERASIONAL LAINNYA 35. OTHER OPERATING INCOME
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Pendapatan dari penerimaan kembali Income from recovery of written-off
kredit yang dihapusbukukan 235,207) 341,564) loans
Pendapatan sewa operasional 75,335) -) Operational lease income
Pendapatan transaksi perdagangan efek-
efek - bersih 68,828) 65,212) Securities trading income - net
Penerimaan kembali dari kerugian
operasional 8,740) 10,560) Operational loss recovery
Kerugian yang belum direalisasi atas nilai Unrealized losses from valuation of
wajar penyertaan saham (30,931) -) fair value on investment in shares
Lain-lain 91,554) 61,659) Others
448,733) 478,995)
Lain-lain termasuk jasa cash handling dan jasa Others consist of cash handling services and
payment point. payment point service.
36. BEBAN KEPEGAWAIAN 36. PERSONNEL EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Gaji, upah, bonus dan tantiem 2,904,146 2,173,303) Salaries, wages, bonus and tantiem
Tunjangan hari raya 478,859 445,952) Holiday allowances
Tunjangan pajak 310,731 227,232) Tax allowances
Tunjangan kesehatan 260,718 198,821) Medical benefits
Imbalan pascakerja 181,151 128,404) Post-employment benefits
Tunjangan representasi 178,068 156,136) Representation allowance
Pendidikan dan latihan 129,850 93,275) Training and education
Jamsostek 128,267 100,042) Jamsostek
Tunjangan program kepemilikan Car ownership program
kendaraan 96,807 60,398) allowance
Tunjangan telepon 41,001 41,140) Telephone allowance
Tunjangan perumahan 21,477 21,543) Housing allowance
Imbalan kerja jangka panjang lainnya 8,845 9,163) Other long term employee benefits
Lain-lain 110,331 101,069) Others
4,850,251 3,756,478)
Termasuk dalam beban kepegawaian adalah gaji dan Included under personnel expenses are salaries and
kompensasi lainnya yang dibayarkan kepada Direksi, other compensations paid to the Board of Directors,
Dewan Komisaris dan Komite Audit. Board of Commissioners and Audit Committee.
Lain-lain terdiri dari tunjangan marketing, akomodasi Others consist of marketing allowances, employees
karyawan dan lainnya. accomodation and others.
176
Page 587
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
37. BEBAN UMUM DAN ADMINISTRASI 37. GENERAL AND ADMINISTRATIVE EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Jasa dari pihak ketiga dan perlengkapan Services from third parties and office
kantor 1,072,384 857,587) supplies
Sewa 642,977 603,837) Rent
Beban asuransi 471,390 481,690) Insurance expense
Amortisasi piranti lunak (Catatan 17) 423,940 316,310) Amortization of software (Note 17)
Penyusutan aset tetap (Catatan 16) 289,606 238,251) Depreciation of fixed assets (Note 16)
Promosi dan iklan 287,932 278,020) Promotion and advertising
Jasa profesional 269,222 177,600) Professional fees
Penyusutan aset hak guna Depreciation of right-of-use assets
(Catatan 16) 197,217 211,586) (Note 16)
Pemeliharaan dan perbaikan 161,268 103,330) Repairs and maintenance
Lain-lain 135,346 36,750) Others
3,951,282 3,304,961)
38. CADANGAN KERUGIAN PENURUNAN NILAI 38. PROVISION FOR IMPAIRMENT LOSSES
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah (Catatan 12g) 2,450,103) 3,029,571) receivables (Note 12g)
Piutang pembiayaan (Catatan 13) 1,425,850) -) Financing receivables (Note 13)
Tagihan akseptasi (Catatan 11d) 7,252) 4,217) Acceptance receivables (Note 11d)
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain (Catatan 7g) 582) (167) other banks (Note 7g)
Giro pada bank-bank lain (Catatan 6) (124) (256) Current accounts with other banks (Note 6)
Efek-efek (Catatan 8h) (186) (365) Securities (Note 8h)
Komitmen pinjaman yang diberikan (10,232) (36,146) Loan commitments issued
Aset lain-lain (Catatan 18) 23,895) 53,065) Other assets (Note 18)
3,897,140) 3,049,919)
39. BEBAN OPERASIONAL LAINNYA 39. OTHER OPERATING EXPENSES
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Kerugian penyelesaian agunan 413,098) -) Loss on collateral settlements
Iuran tahunan OJK 106,366) 96,333) OJK annual fee
Beban pengembangan komunitas 46,907) 7,263) Community development expenses
Kerugian terkait risiko operasional 19,185) 19,193) Loss from operational risk
Rekrutmen 4,605) 4,176) Recruitment
Lain-lain 36,509) 34,077) Others
626,670) 161,042)
Lain-lain termasuk beban jamuan, beban Others consist of entertainment expenses,
keanggotaan dan beban penyelesaian kredit. membership fees and credit settlement charges.
177
Page 588
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION
Dalam kegiatan usahanya, Grup melakukan In the normal course of business, the Group engages
transaksi dengan pihak-pihak berelasi, terutama in transactions with related parties, primarily
meliputi transaksi-transaksi keuangan. consisting of financial transactions.
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Grup, termasuk sifat have transactions with the Group, including the
hubungan dan sifat transaksinya: nature of the relationships and transactions:
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
Sumitomo Mitsui Banking Pemegang saham pengendali/ Giro pada bank lain; simpanan dari
Corporation, Tokyo Controlling shareholders bank lain; transaksi derivatif; liabilitas akseptasi/
Current accounts with other banks; deposits from
other banks; derivative transactions; acceptance
payables
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain; simpanan dari
Corporation, company bank lain; liabilitas akseptasi; pinjaman yang
Singapura/Singapore diterima; pinjaman subordinasi; transaksi
derivatif/ Current accounts with other banks;
deposits from other banks; acceptance payables;
borrowings; subordinated loans;
derivative transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain; simpanan dari
Corporation, Cabang Hong company bank lain; transaksi derivatif/
Kong/Hong Kong Branch Current accounts with other banks; deposits from
other banks; derivative transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain/
Corporation Bank company Current accounts with other banks
International plc, London
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain/
Corporation, Cabang company Current accounts with other banks
Dusseldorf/Dusseldorf
Branch
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Simpanan dari bank lain/
Corporation, Malaysia company Deposits from other banks
Berhad
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain; simpanan dari
Corporation, Bangkok company bank lain; transaksi derivatif/ Current accounts
with other banks; deposits from
other banks; derivative transactions
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Efek-efek/
Corporation, Seoul company Securities
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain/
Corporation, New York company Current accounts with other banks
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain/
Corporation, New Delhi company Current accounts with other banks
Sumitomo Mitsui Banking Perusahaan afiliasi/affiliated Giro pada bank lain/
Corporation, Osaka company Current accounts with other banks
178
Page 589
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Di bawah ini adalah ikhtisar pihak-pihak berelasi The following is a summary of related parties who
yang bertransaksi dengan Grup, termasuk sifat have transactions with the Group, including the
hubungan dan sifat transaksinya: (lanjutan) nature of the relationships and transactions:
(continued)
Pihak berelasi/ Sifat hubungan/ Sifat transaksi/
Related parties Nature of relationships Nature of transactions
PT SMFL Leasing Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah; pinjaman yang
diberikan; transaksi derivative; penyertaan saham/
Deposits from customers; loans;
derivative transactions; investment in shares
PT INA Sekuritas Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah/
(dahulu bernama PT Nikko Deposits from customers
Sekuritas Indonesia)
PT SBCS Indonesia Perusahaan afiliasi/affiliated company Simpanan nasabah/
Deposits from customers
Personil manajemen kunci/ Direktur, Komisaris dan pejabat Pinjaman yang diberikan, simpanan nasabah,
Key Management Personnel eksekutif/Directors, Commissioners pembayaran kompensasi dan remunerasi,
and executive employees imbalan pascakerja/
Loans, deposits from customers, payments of
compensation and remuneration, post-employment
benefits
Transaksi dengan pihak berelasi Transactions with related parties
Saldo dan rincian transaksi dengan pihak berelasi The outstanding balances and detail transactions
adalah sebagai berikut: with related parties were as follows:
(a) Giro pada bank-bank lain (a) Current accounts with other banks
31 Desember/December
2024 2023
Giro pada bank-bank lain Current accounts with other banks
Pihak berelasi 525,792 462,061) Related party
Persentase terhadap jumlah aset 0.22% 0.23%) Percentage to total assets
(b) Tagihan derivatif (b) Derivative receivables
31 Desember/December
2024 2023
Tagihan derivatif Derivative receivables
Pihak berelasi 375,245 496,225) Related party
Persentase terhadap jumlah aset 0.16% 0.25%) Percentage to total assets
179
Page 590
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(c) Pinjaman yang diberikan (c) Loans
31 Desember/December
2024 2023
Pinjaman yang diberikan Loans
Personil manajemen kunci 19,517 17,944) Key management personnel
Pihak berelasi 418,258 3,755,420) Related parties
437,775 3,773,364)
Pendapatan bunga
yang masih akan diterima 889 45,016) Accrued interest income
438,664 3,818,380)
Persentase terhadap jumlah aset 0.18% 1.89%) Percentage to total assets
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Pendapatan bunga: Interest income:
Personil manajemen kunci 554 584) Key management personnel
Pihak berelasi 260,858 209,608) Related parties
261,412 210,192)
Persentase terhadap jumlah
pendapatan bunga 1.44% 1.61%) Percentage to total interest income
Suku bunga atas pinjaman yang diberikan Interest rate charged on loan to key
kepada personil manajemen kunci adalah management personnel amounting 5% - 8% per
sebesar 5% - 8% per tahun dengan jangka annum with term between 1 - 20 years. Such
waktu pinjaman antara 1 - 20 tahun. Pinjaman loan is given without any specific collateral.
tersebut diberikan tanpa adanya jaminan
tertentu.
Pada tanggal 31 Desember 2024 dan 2023 There was no impairment on the loan to key
tidak terdapat penurunan nilai atas pinjaman management personnel as of 31 December
yang diberikan kepada personil manajemen 2024 and 2023.
kunci.
(d) Simpanan nasabah (d) Deposits from customers
31 Desember/December
2024 2023
Dana pihak ketiga Third party funds
Personil manajemen kunci: Key management personnel:
Giro 1 -) Current accounts
Tabungan 71,738 88,170) Savings deposits
Deposito berjangka dan deposito Time deposits and deposits
on call 134,776 106,928) on call
206,515 195,098)
Pihak berelasi: Related parties:
Giro 89,636 50,003) Current accounts
Tabungan 615 -) Savings deposits
Deposito on call 25,000 239,150) Deposits on call
Deposito berjangka 25 25) Time deposits
115,276 289,178)
321,791 484,276)
Beban bunga yang masih harus
dibayarkan 892 728) Accrued interest expense
322,683 485,004)
Persentase terhadap jumlah liabilitas 0.18% 0.32%) Percentage to total liabilities
180
Page 591
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(d) Simpanan nasabah (lanjutan) (d) Deposits from customers (continued)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban bunga 11,202 20,116) Interest expense
Persentase terhadap jumlah
beban bunga 0.14% 0.32%) Percentage to total interest expenses
Dana pihak ketiga ditempatkan dalam giro, Third party funds are placed on current account,
tabungan maupun deposito berjangka. Tingkat saving accounts and time deposits. Interest rate
suku bunga yang diberikan oleh Bank adalah given by the Bank for the placement amounting
sebesar 0,01% - 6,00%. Untuk deposito to 0.01% - 6.00%. For time deposit depends on
berjangka tergantung tenor dan jumlah pokok tenor and principal amount.
deposito.
(e) Simpanan dari bank-bank lain (e) Deposits from other banks
31 Desember/December
2024 2023
Simpanan dari bank-bank lain 699,242 9,561,059) Deposits from other banks
Beban bunga yang masih harus
dibayarkan - 6,697) Accrued interest expenses
699,242 9,567,756)
Persentase terhadap jumlah liabilitas 0.40% 6.37%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban bunga 83,478 21,654) Interest expense
Persentase terhadap jumlah
beban bunga 1.06% 0.34%) Percentage to total interest expenses
(f) Liabilitas derivatif (f) Derivative liabilities
31 Desember/December
2024 2023
Liabilitas derivatif Derivative liabilities
Pihak berelasi 21,273 57,285) Related party
Persentase terhadap jumlah liabilitas 0.01% 0.04%) Percentage to total liabilities
(g) Liabilitas akseptasi (g) Acceptance payables
31 Desember/December
2024 2023
Liabilitas akseptasi Acceptance payables
Pihak berelasi 163,558 163,383) Related party
Persentase terhadap jumlah liabilitas 0.09% 0.11%) Percentage to total liabilities
(h) Pinjaman yang diterima (h) Borrowings
31 Desember/December
2024 2023
Pinjaman yang diterima 22,452,525 18,569,798) Borrowings
Beban bunga yang masih harus
dibayarkan 17,139 13,110) Accrued interest expenses
22,469,664 18,582,908)
Persentase terhadap jumlah liabilitas 12.71% 12.37%) Percentage to total liabilities
181
Page 592
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(h) Pinjaman yang diterima (lanjutan) (h) Borrowings (continued)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban bunga Interest expense
Pihak berelasi 1,572,941 1,526,140) Related party
Persentase terhadap jumlah
beban bunga 19.97% 24.28%) Percentage to total interest expenses
(i) Pinjaman subordinasi (i) Subordinated loans
31 Desember/December
2024 2023
Pinjaman subordinasi 3,219,000 3,079,400) Subordinated loans
Beban bunga yang masih harus
dibayarkan 10,069 10,960) Accrued interest expenses
3,229,069 3,090,360)
Persentase terhadap jumlah liabilitas 1.83% 2.06%) Percentage to total liabilities
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Beban bunga Interest expense
Pihak berelasi 214,131 203,739) Related party
Persentase terhadap jumlah
beban bunga 2.72% 3.24%) Percentage to total interest expenses
(j) Dana syirkah temporer (j) Temporary syirkah funds
31 Desember/December
2024 2023
Simpanan nasabah Deposits from customers
Personil manajemen kunci: Key management personnel:
Tabungan mudharabah 4,295 2,064) Mudharabah saving deposits
Deposito mudharabah 28,937 32,934) Mudharabah time deposits
33,232 34,998)
Persentase terhadap jumlah dana Percentage to total temporary
syirkah temporer 0.35% 0.35%) syirkah funds
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
Hak atas bagi hasil dana syirkah Shares on return of temporary
temporer 1,878 1,970) syirkah funds
Persentase terhadap jumlah beban
syariah 0.37% 0.40%) Percentage to total sharia expense
(k) Kompensasi dan remunerasi personil (k) Compensation and remuneration of key
manajemen kunci management personnel
Kompensasi yang dibayar atau terutang pada The compensation paid or payable to key
manajemen kunci atas jasa kepegawaian management for employee services is shown
adalah sebagai berikut: below:
182
Page 593
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
40. INFORMASI MENGENAI PIHAK BERELASI 40. RELATED PARTY INFORMATION (continued)
(lanjutan)
Transaksi dengan pihak berelasi (lanjutan) Transactions with related parties (continued)
(k) Kompensasi dan remunerasi personil (k) Compensation and remuneration of key
Manajemen kunci (lanjutan) management personnel (continued)
31 Desember/December 2024
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 4.51% 218,730 0.72% 34,756 8.31% 402,923 employee benefits
Imbalan pascakerja - - - - 0.53% 25,614 Post-employment benefits
Imbalan jangka panjang lainnya - - - - 0.03% 1,594 Other long-term benefits
Jumlah 4.51% 218,730 0.72% 34,756 8.87% 430,131 Total
31 Desember/December 2023
Personil manajemen kunci
Dewan Komisaris/Board of lainnya/Other key
Direksi/Board of Directors Commissioners management personnel
%* Rp %* Rp %* Rp
Gaji dan imbalan karyawan Salaries and other short-term
jangka pendek lainnya 4.67%) 175,252) 1.43%) 53,564) 9.81%) 368,423) employee benefits
Imbalan pascakerja -) -) -) -) 0.42%) 15,815) Post-employment benefits
Imbalan jangka panjang lainnya -) -) -) -) ) 0.02%) 619) Other long-term benefits
Jumlah 4.67%) 175,252) 1.43%) 53,564) 10.25%) 384,857) Total
*) terhadap jumlah beban kepegawaian *) % to total personnel expenses
(l) Komitmen dan kontinjensi (l) Commitments and contingencies
31 Desember/December
2024 2023
Aset komitmen Committed assets
Fasilitas pinjaman yang belum
ditarik 35,891,850 37,247,514) Unused borrowing facilities
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah Unused credit facilities to
yang belum digunakan 4,828,736 4,301,821) customers
Liabilitas kontinjensi Contingent liabilities
Garansi yang diberikan 32,547 30,000) Guarantees provided
41. KOMITMEN DAN KONTINJENSI 41. COMMITMENTS AND CONTINGENCIES
a. Berdasarkan jenis a. By type
31 Desember/December
2024 2023
Aset komitmen Committed assets
Fasilitas pinjaman yang belum ditarik Unused borrowing facilities
- Pihak ketiga 21,167,658 3,079,400) Third parties -
- Pihak berelasi 35,891,850 37,247,514) Related parties -
57,059,508 40,326,914)
Contingent assets -
Aset kontinjensi - Pihak ketiga Third parties
Garansi yang diterima 31,051,406 30,270,312) Guarantees received
31,051,406 30,270,312)
183
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
41. KOMITMEN DAN KONTINJENSI (lanjutan) 41. COMMITMENTS AND CONTINGENCIES
(continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
31 Desember/December
2024 2023
Liabilitas komitmen Committed liabilities
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - committed customers - committed
- Pihak ketiga 11,762,750 10,870,217) Third parties -
Fasilitas kredit kepada nasabah yang Unused credit facilities to
belum digunakan - uncommitted customers – uncommitted
- Pihak ketiga 121,262,479 100,533,280) Third parties -
- Pihak berelasi 4,828,736 4,301,821) Related parties -
Fasilitas kredit kepada bank yang Unused credit facilities to
belum digunakan - uncommitted - banks - uncommitted -
Pihak ketiga 76,563 74,196) Third parties
Letters of credit yang tidak dapat Irrevocable letters of credit -
dibatalkan - Pihak ketiga 1,582,162 721,016) Third parties
139,512,690 116,500,530)
Contingent liabilities -
Liabilitas kontinjensi - Pihak ketiga Third parties
Garansi yang diberikan Guarantees provided
- Pihak ketiga 7,682,903 5,425,734) Third parties -
- Pihak berelasi 32,547 30,000) Related parties -
7,715,450 5,455,734)
b. Berdasarkan kolektibilitas b. By collectability
Informasi mengenai kolektabilitas komitmen Information regarding collectability of
dan kontinjensi sesuai peraturan OJK commitment and contingencies in accordance
diungkapkan pada Catatan 52. with OJK regulations was disclosed in Note 52.
c. Kasus hukum c. Litigation cases
Bank menghadapi beberapa tuntutan hukum, The Bank is a party to various unresolved legal
pengurusan administrasi dan klaim yang belum actions, administrative proceedings, and claims
terselesaikan, yang berhubungan dengan in the ordinary course of its business. It is not
kegiatan usaha Bank. Adalah tidak mungkin possible to predict with certainty whether or not
untuk memastikan apakah Bank akan the Bank will ultimately be successful or not
memenangkan atau tidak menang atas successful in any of these legal matters.
masalah atau tuntutan hukum tersebut. Namun However, the Bank’s management does not
demikian, manajemen Bank yakin bahwa hasil expect that the results in any of these
keputusan masalah atau tuntutan hukum proceedings will have a material adverse effect
tersebut tidak akan membawa dampak yang on the Bank’s results of operations, financial
signifikan pada hasil usaha, posisi keuangan position or liquidity.
atau likuiditas Bank.
184
Page 595
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI 42. OPERATING SEGMENT
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance with
internal yang disiapkan untuk Direksi, yang the internal reporting provided to the Directors, as the
bertindak sebagai pengambil keputusan operasi, chief operating decision maker, who are responsible
yang bertanggung jawab untuk mengalokasikan for allocating resources to the reportable segments
sumber daya ke segmen dan melakukan penilaian and assesses its performance. All operating
atas performanya. Seluruh segmen operasi yang segments used by the Group meet the definition of a
digunakan oleh Grup telah memenuhi kriteria reportable segment under PSAK 108, “Operating
pelaporan berdasarkan PSAK 108, “Segmen Segment”.
Operasi”.
Grup memiliki 6 (enam) pelaporan segmen, The Group has 6 (six) reportable segments, in
berdasarkan produk usaha, sebagaimana disajikan accordance with the business product, as set out in
dalam tabel di bawah ini. the table below.
Ritel Retail
Terdiri dari pinjaman yang diberikan kepada Consists of loans to pensioners and other individual
nasabah pensiunan dan nasabah individual lainnya. customers.
Kredit Usaha Mikro, Kecil & Menengah (UMKM) Micro, Small & Medium Enterprises (MSME)
Terdiri dari pinjaman yang diberikan kepada Consists of loans to micro, small & medium
nasabah usaha mikro, kecil dan menengah yang enterprise customers for commercial purpose.
digunakan untuk kegiatan usaha.
Penghimpunan dana dan tresuri Funding and treasury
Terdiri dari aktivitas penghimpunan dana dari pihak Consists of funding business activity in raising funds
ketiga dan bank lain, serta aktivitas tresuri termasuk from third party and other banks, and centralised
pinjaman yang diterima dan surat berharga yang treasury operations including borrowings and
diterbitkan. securities issued.
Korporasi Corporate
Terdiri dari pinjaman dan layanan yang diberikan Consists of loans and services from corporate
dari nasabah korporasi yang digunakan untuk customers which related to commercial purpose.
kegiatan usaha.
Syariah Sharia
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang beroperasi sebagai bank umum syariah Subsidiaries which operate as a sharia commercial
bank.
Terdiri dari pembiayaan syariah, dana pihak ketiga Consists of sharia financing, third party funds from
dari nasabah syariah yang digunakan untuk sharia customers which related to commercial
kegiatan usaha. purpose.
Pembiayaan Financing
Merupakan lini segmen operasi atas Entitas Anak Represents a line of operating segments of
yang beroperasi sebagai perusahaan pembiayaan. Subsidiaries which operate as a financing
companies.
Terdiri dari piutang pembiayaan yang digunakan Consists of financing receivables which related to
untuk kegiatan usaha. commercial purpose.
Dalam mengalokasikan beban operasional, In allocating operating expenses, management
manajemen mengatribusikan beberapa pos beban attributed some of its expenses based on Group’s
operasional sesuai dengan kebijakan pelaporan internal reporting policy.
internal Grup.
185
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Penyesuaian
Penghimpunan dan
dana dan eliminasi/
tresuri/ Adjustment
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ and Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing elimination Consolidated
Pendapatan dan Operating income
beban operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 4,054,849) 1,460,055) 1,494,220) 7,238,985) 5,398,377) 4,060,783) (118,934) 23,588,335) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (1,841,983) (848,562) 8,255,157) (5,564,612) -) -) -) -)) income
Beban bunga antar Inter-segment interest
segmen 105,775) 57,665) (3,723,130) 3,559,690) -) -) -) -) expense
Interest expense and
Beban bunga dan bagi sharia profit
hasil syariah (10,563) (21,036) (4,542,717) (2,468,329) (504,104) (1,184,730) 351,426) (8,380,053) sharing
Pendapatan bunga Net reportable
dan syariah segment interest
segmen and sharia
dilaporkan-bersih 2,308,078) 648,122) 1,483,530) 2,765,734) 4,894,273) 2,876,053) 232,492) 15,208,282) income
Pendapatan
operasional Other operating
lainnya: income:
Pendapatan Other operating
operasional lainnya 172,830) 192,953) 1,299,062) 267,350) 40,075) 802,902) (422,703) 2,352,469) income
Keuntungan dari Net gain on
selisih kurs dan foreign exchange
transaksi derivatif – and derivative
bersih -) 496) 100,394) 449,386) 3,651) 5,457) (16,693) 542,691) transactions
Pendapatan
operasional Other operating
lainnya 172,830) 193,449) 1,399,456) 716,736) 43,726) 808,359) (439,396) 2,895,160) income
Beban operasional Other operating
lainnya expenses
Beban operasional Other operating
lainnya (1,584,201) (748,991) (2,240,290) (1,260,249) (2,227,577) (1,987,252) (54,324) (10,102,884) expenses
Cadangan kerugian Allowance for
penurunan nilai (730,667) (284,680) 1,348) (106,671) (1,359,766) (1,416,704) -) (3,897,140) impairment losses
Beban operasional Other operating
lainnya (2,314,868) (1,033,671) (2,238,942) (1,366,920) (3,587,343) (3,403,956) (54,324) (14,000,024) expenses
Net reportable
Beban operasional operational
lainnya - bersih (2,142,038) (840,222) (839,486) (650,184) (3,543,617) (2,595,597) (493,720) (11,104,864) segment expense
Pendapatan (beban) Non-operating
non-operasional 1,229) 1,688) 4,330) -) 2,541) 7,267) -) 17,055) income (expenses)
Laba (rugi) segmen Segment income
sebelum pajak (loss) before
penghasilan 167,269) (190,412) 648,374) 2,115,550) 1,353,197) 287,723) (261,228) 4,120,473) income tax
Beban pajak
penghasilan (31,156) 35,467) (120,769) (394,053) (292,036) (75,544) (26,142) (904,233) Income tax expense
Laba (rugi) bersih 136,113) (154,945) 527,605) 1,721,497) 1,061,161) 212,179) (287,370) 3,216,240) ) Net income (loss)
186
Page 597
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
31 Desember/December 2024
Penghimpunan Penyesuaian
dana dan dan eliminasi/
tresuri/ Adjustment
Ritel/ UMKM/ Funding and Korporasi/ Syariah/ Pembiayaan/ and Konsolidasian/
Retail MSME Treasury Corporate Sharia Financing elimination Consolidated
Aset Assets
Pinjaman/
pembiayaan yang
diberikan-bersih 31,898,025 13,553,914 - 97,487,706 9,247,485 - (6,137,815) 146,049,315 Net loans/financing
Pendapatan
bunga/marjin
yang masih akan
diterima dari
pinjaman/ Accrued interest/
pembiayaan yang margin income from
diberikan 311,836 34,844 - 391,054 102,146 - (77,545) 762,335 loans/ financing
Piutang Financing
pembiayaan - - - - - 27,622,708 (161,016) 27,461,692 receivables
Aset lain-lain - - 41,511,476 - 11,416,101 1,156,733 (1,083,212) 53,001,098 Other assets
Pendapatan
bunga/marjin
yang masih akan Accrued interest/
diterima - - 47,882 - 147,387 647 (647) 195,269 margin income
Jumlah aset yang Total allocated
dialokasikan 32,209,861 13,588,758 41,559,358 97,878,760 20,913,119 28,780,088 (7,460,235) 227,469,709 assets
Aset yang tidak
dialokasikan* 13,626,718 Unallocated assets*
Jumlah aset 241,096,427 Total assets
Liabilitas Liabilities
Simpanan nasabah 2,281,503 1,683,783 43,838,425 62,618,843 2,125,081 - (829,176) 111,718,459 Customer deposits
Beban bunga/bagi
hasil yang Accrued interest
masih harus expense/revenue
dibayar - - 268,045 - 18,825 - (647) 286,223 sharing
Liabilitas lain-lain - - 43,019,647 - 200,000 19,476,860 (6,365,984) 56,330,523 Other liabilities
Beban bunga yang
masih harus Accrued
dibayar - - 150,480 - - 202,915 (77,867) 275,528 interest expenses
Jumlah liabilitas
yang Total allocated
dialokasikan 2,281,503 1,683,783 87,276,597 62,618,843 2,343,906 19,679,775 (7,273,674) 168,610,733 liabilities
Liabilitas yang tidak
dialokasikan* 8,140,303 Unallocated liabilities*
Jumlah liabilitas 176,751,036 Total liabilities
Dana syirkah Temporary syirkah
temporer - - - - 9,599,352 - - 9,599,352 fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
187
Page 598
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Penyesuaian
Penghimpunan dan eliminasi/
dana dan Adjustment
Ritel/ UMKM/ tresuri/ Funding Korporasi/ Syariah/ and Konsolidasian/
Retail MSME and Treasury Corporate Sharia elimination Consolidated
Pendapatan dan
beban Operating income
operasional and expenses
Pendapatan bunga
dan syariah dari External interest and
pihak eksternal 3,842,949) 1,208,448) 1,153,880) 6,864,214) 5,746,182) -) 18,815,673) sharia income
Pendapatan bunga Inter-segment interest
antar segmen (1,966,935) (694,991) 7,979,661) (5,317,735) -) -) -) income
Beban bunga antar Inter-segment interest
segmen 99,394) 36,584) (3,550,414) 3,414,436) -) -) -) expense
Beban bunga dan Interest expense and
bagi hasil syariah (9,473) (11,227) (4,077,996) (2,186,482) (486,432) -) (6,771,610) sharia profit sharing
Pendapatan bunga
dan syariah
segmen Net reportable
dilaporkan- segment interest and
bersih 1,965,935) 538,814) 1,505,131) 2,774,433) 5,259,750) -) 12,044,063) sharia income
Pendapatan
operasional Other operating
lainnya: income:
Pendapatan
operasional Other operating
lainnya 194,157) 334,504) 1,075,173) 257,981) 60,949) (498,815) 1,423,949) income
Keuntungan dari
selisih kurs dan Net gain on
transaksi derivatif foreign exchange and
- bersih -) 287) 93,261) 556,838) (892) -) 649,494) derivative transactions
Pendapatan
operasional Other operating
lainnya 194,157) 334,791) 1,168,434) 814,819) 60,057) (498,815) 2,073,443) income
Beban operasional Other operating
lainnya expenses
Beban operasional Other operating
lainnya (1,650,923) (717,917) (2,023,436) (1,171,656) (2,042,620) -) (7,606,552) expenses
Cadangan kerugian Allowance for
penurunan nilai (296,016) (120,903) (278) (734,605) (1,898,117) -) (3,049,919) impairment losses
Beban operasional Other operating
lainnya (1,946,939) (838,820) (2,023,714) (1,906,261) (3,940,737) -) (10,656,471) expenses
Pendapatan Net reportable
operasional operational segment
lainnya - bersih (1,752,782) (504,029) (855,280) (1,091,442) (3,880,680) (498,815) (8,583,028) income
Pendapatan
(beban) non- Non-operating
operasional 845) 1,742) (6,745) (20) 825) - (3,353) income (expenses)
Laba (rugi) segmen
sebelum pajak Segment income (loss)
penghasilan 213,998) 36,527) 643,106) 1,682,971) 1,379,895) (498,815) 3,457,682) before income tax
Beban pajak
penghasilan (39,525) (6,747) (118,780) (310,840) (299,306) -) (775,198) Income tax expense
174,473) 29,780) 524,326) 1,372,131) 1,080,589) (498,815) 2,682,484)
Laba (rugi) bersih Net income (loss)
188
Page 599
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
42. SEGMEN OPERASI (lanjutan) 42. OPERATING SEGMENT (continued)
Informasi pelaporan segmen adalah sebagai The reportable segment information was as follows:
berikut: (lanjutan) (continued)
31 Desember 2023/31 December 2023
Penghimpunan Penyesuaian dan
dana dan tresuri/ eliminasi/
Ritel/ Funding and Korporasi/ Syariah/ Adjustment and Konsolidasian/
Retail UMKM/ MSME Treasury Corporate Sharia elimination Consolidated
Aset Assets
Pinjaman/pembiayaan
yang diberikan-
bersih 25,318,456) 13,669,400) -) 102,781,449) 10,173,945) -) 151,943,250) Net loans/financing
Pendapatan
bunga/marjin yang
masih akan diterima
dari pinjaman/ Accrued interest/
pembiayaan yang margin income from
diberikan 223,575) 43,394) -) 665,937) 164,890) -) 1,097,796) loans/ financing
Aset lain-lain -) -) 27,673,435) -) 10,076,959) (83,528) 37,666,866) Other assets
Pendapatan bunga
yang masih akan Accrued interest
diterima -) -) 152,967) -) 75,512) -) 228,479) income
Jumlah aset yang Total allocated
dialokasikan 25,542,031) 13,712,794) 27,826,402) 103,447,386) 20,491,306) (83,528) 190,936,391) assets
Aset yang tidak
dialokasikan* 10,512,001) Unallocated assets*
Jumlah aset 201,448,392) Total assets
Liabilitas Liabilities
Simpanan nasabah 2,155,288 ) 844,577) 35,639,500) 57,416,394) 2,221,997) -) 98,277,756) Customer deposits
Beban bunga/bagi
hasil yang masih Undistributed revenue
harus dibayar -) -) 179,647) -) 21,951) -) 201,598) sharing
Liabilitas lain-lain -) -) 45,302,910) -) -) (3,806) 45,299,104) Other liabilities
Beban bunga yang Accrued interest
masih harus dibayar -) -) 170,977) -) -) -) 170,977) expenses
Jumlah liabilitas yang Total allocated
dialokasikan 2,155,288) 844,577) 81,293,034) 57,416,394) 2,243,948) (3,806) 143,949,435) liabilities
Liabilitas yang tidak Unallocated
dialokasikan* 6,295,033) liabilities*
Jumlah liabilitas 150,244,468) Total liabilities
Dana syirkah Temporary syirkah
temporer -) -) -) -)) 9,920,820) -) 9,920,820) fund
*) Komponen yang tidak dapat dialokasikan terutama terdiri dari aset dan liabilitas *) Unallocated items mainly comprise of income tax assets and liabilities, including
pajak penghasilan, termasuk pajak kini dan pajak tangguhan, aset dan liabilitas current and deferred taxes, derivative assets and liabilities, fixed assets, intangible
derivatif, aset tetap, aset takberwujud, liabilitas lainnya dan akrual. assets, other liabilities and accruals.
Berdasarkan informasi geografis Geographical information
Pada tanggal 31 Desember 2024, segmen berdasarkan As of 31 December 2024, geographical segment consists
geografis terdiri dari 489 cabang yang terbagi menjadi of 489 branches that are located into 4 areas, which are
4 area yaitu Jawa, Sumatera, Bali dan Nusa Tenggara, Java, Sumatera, Bali and Nusa Tenggara, also
serta, Kalimantan dan Sulawesi (31 Desember 2023: Kalimantan and Sulawesi (31 December 2023:
73 cabang). 73 branches).
Segmen informasi berdasarkan geografis adalah Information concerning geographical segments is as
sebagai berikut: follows:
Penyesuaian dan
Kalimantan eliminasi/
Jawa/ Bali dan/and dan/and Adjustment and Konsolidasian/
Java Sumatera Nusa Tenggara Sulawesi elimination Consolidated
31 Desember 2024 31 December 2024
Pendapatan bunga 17,925,773 3,199,890 596,999 1,984,607 (118,934) 23,588,335 Interest income
Jumlah aset 218,019,971 18,996,010 3,609,868 14,410,847 (13,940,269) 241,096,427 Total assets
31 Desember 2023 31 December 2023
Pendapatan bunga 14,762,054) 2,321,058) 487,220) 1,245,341) -)) 18,815,673) Interest income
Jumlah aset 181,546,539) 10,678,290) 2,410,816) 8,041,057) (1,228,310)) 201,448,392) Total assets
189
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
43. LABA BERSIH PER SAHAM 43. EARNINGS PER SHARE
a. Laba per saham dasar a. Basic earnings per share
31 Desember/December
2024 2023
Jumlah laba per saham dasar yang Total basic earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 279 293 holders of the Bank
b. Laba per saham dilusian b. Diluted earnings per share
31 Desember/December
2024 2023
Jumlah laba per saham dilusian yang Total diluted earnings per share
tersedia bagi pemegang saham attributable to the ordinary equity
biasa Bank 279 293 holders of the Bank
c. Laba yang digunakan dalam perhitungan c. Earnings used in calculating earnings per
laba per saham share
31 Desember/December
2024 2023
Laba per saham dasar Basic earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dasar 2,812,986 2,358,334 calculating basic earnings per share
Laba per saham dilusian Diluted earnings per share
Laba yang tersedia bagi pemegang
saham biasa Bank yang digunakan Profit attributable to the ordinary
dalam perhitungan laba per saham equity holders of the Bank used in
dilusian 2,812,986 2,358,334 calculating diluted earnings per share
d. Jumlah rata-rata tertimbang saham yang d. Weighted average number of shares used as
digunakan sebagai penyebut the denominator
31 Desember/December
2024 2023
Jumlah rata-rata tertimbang jumlah Weighted average number of
saham yang digunakan sebagai ordinary shares used as the
penyebut dalam perhitungan laba denominator in calculating basic
per saham dasar 10,087,089,587 8,056,720,684 earnings per share
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai penyebut shares used as the denominator in
dalam perhitungan laba per saham calculation diluted earnings per
dilusian 10,087,089,587 8,056,720,684 share
190
Page 601
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. PERJANJIAN KERJASAMA, KONTRAK DAN 44. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN COMMITMENTS
a. PT Taspen (Persero) a. PT Taspen (Persero)
Sejak tahun 2007, Bank telah bekerja sama Since 2007, the Bank has been cooperating with
dengan PT Taspen (Persero) dimana Bank PT Taspen (Persero) in which the Bank become
menjadi salah satu mitra untuk penanganan one of the partners for handling the payments of
pembayaran uang pensiun kepada para pension to retired government employees.
pensiunan pegawai Pemerintah.
b. PT Pos Indonesia (Persero) b. PT Pos Indonesia (Persero)
Sejak bulan Maret 2012 Bank telah bekerja Since March 2012 the Bank has been cooperating
sama dengan PT Pos Indonesia (Persero) with PT Pos Indonesia (Persero) in which PT Pos
dimana PT Pos Indonesia (Persero) membantu Indonesia (Persero) assists the Bank in deducting
Bank dalam melakukan pemotongan uang the pension benefits of retired government
pensiun para pegawai Pemerintah untuk employees for pension loan installments and
angsuran kredit pensiun dan memasarkan marketing the Bank’s pension loan products.
produk kredit pensiunan Bank.
Perjanjian kerjasama Bank dengan The Bank’s cooperation agreement with
PT Pos Indonesia (Persero) diperbaharui PT Pos Indonesia (Persero) is renewed regularly
secara berkala dan berdasarkan perjanjian and based on the latest agreement, the
terakhir kerjasama ini akan terus berlangsung cooperation will be continuing until 25 July 2026.
sampai dengan tanggal 25 Juli 2026.
c. Perjanjian pembiayaan bersama c. Joint financing agreement
PT KB Finansia Multi Finance PT KB Finansia Multi Finance
Pada bulan Oktober 2022, Bank melakukan In October 2022, the Bank entered into a joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan PT KB Finansia Multi PT KB Finansia Multi Finance (“FMF”). Based on
Finance (“FMF”). Dalam kerjasama ini, porsi the agreement, the amount of funds to be
fasilitas pembiayaan yang akan diberikan adalah financed by each party will be a maximum of
maksimum 90% dari Bank dan minimum 10% dari 90% from the Bank and minimum of 10% from
pihak FMF. Fasilitas maksimum pembiayaan FMF. The maximum joint financing facility is
bersama adalah sebesar Rp 300.000. Jangka amounted to Rp 300,000. The term of the
waktu perjanjian adalah untuk 3 (tiga) tahun, agreement is for 3 (three) years, from
terhitung mulai tanggal 28 Oktober 2022 hingga 28 October 2022 to 28 October 2025. Based on
28 Oktober 2025. Berdasarkan perubahan pada addendum on August 2023, maximum joint
Agustus 2023, fasilitas maksimum diubah menjadi financing facility has been changed to
Rp 600.000. Rp 600,000.
PT Home Credit Indonesia PT Home Credit Indonesia
Pada tanggal 23 Juni 2014 melalui Perjanjian On 23 June 2014, through Cooperation
Kerjasama No PKS.087/DIR/TFI/VI/2014, Bank Agreement No. PKS.087/DIR/TFI/VI/2014, the
melakukan Perjanjian Kerjasama pembiayaan Bank entered a joint financing without recourse
bersama without recourse dengan PT Home arrangement with PT Home Credit Indonesia
Credit Indonesia (“HCI”). Dalam Perjanjian (“HCI”). Based on the agreement, the amount of
Kerjasama ini, porsi fasilitas pembiayaan yang funds to be financed by each party will be a
akan diberikan untuk debitur adalah maksimum maximum of 90% from the Bank and a minimum
90% dari Bank dan minimum 10% dari pihak HCI. of 10% from HCI.
191
Page 602
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. PERJANJIAN KERJASAMA, KONTRAK DAN 44. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
c. Perjanjian pembiayaan bersama (lanjutan) c. Joint financing agreement (continued)
PT Home Credit Indonesia (lanjutan) PT Home Credit Indonesia (continued)
Pada tanggal 8 Maret 2023 melalui Perjanjian On 8 March 2023, through Cooperation
Kerjasama No PKS.015/RLBJF/III/2023 fasilitas Agreement No. PKS.015/RLBJF/III/2023 joint
pembiayaan bersama ditingkatkan menjadi financing facilities has been increased to
Rp 4.200.000 dan jangka waktu perjanjian telah Rp 4,200,000 and the agreement has been
diperpanjang hingga 8 Maret 2026. extended to 8 March 2026.
PT Mandiri Utama Finance PT Mandiri Utama Finance
Pada bulan Agustus 2023, Bank melakukan In August 2023, the Bank entered into a joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan PT Mandiri Utama PT Mandiri Utama Finance (“MUF”). Based on
Finance (“MUF”). Dalam kerjasama ini, porsi the agreement, the amount of funds to be
fasilitas pembiayaan yang akan diberikan financed by each party will be a maximum of
adalah maksimum 99% dari Bank dan minimum 99% from the Bank and minimum of 1% from
1% dari pihak MUF. Fasilitas maksimum MUF. The maximum joint financing facility is
pembiayaan bersama adalah sebesar amounted to Rp 500,000. The term of the
Rp 500.000. Jangka waktu perjanjian adalah agreement is for 3 (three) years, from
3 (tiga) tahun, terhitung mulai tanggal 21 August 2023 to 21 August 2026.
21 Agustus 2023 hingga 21 Agustus 2026.
Pada April 2024, Bank menambahkan limit In April 2024, the bank increasing limit of joint
kerjasama pembiayaan bersama (tanpa financing arrangement (without recourse) with
tanggung renteng) dengan MUF. Fasilitas MUF. The maximum joint financing facility
maksimum pembiayaan bersama menjadi become Rp 1,500,000. The term of the
sebesar Rp 1.500.000. Jangka waktu perjanjian agreement is for 3 (three) years, from
adalah 3 (tiga) tahun, terhitung mulai tanggal 21 August 2023 to 21 August 2026.
21 Agustus 2023 hingga 21 Agustus 2026.
d. Perjanjian Kerjasama Jasa Pemasaran dan d. Marketing and Administration Services for
Administrasi Produk SMBCI SMBCI Product agreement
PT Mitrausaha Indonesia Group (Modalku) PT Mitrausaha Indonesia Group (Modalku)
Pada bulan Juni 2023, Bank melakukan In June 2023, the Bank entered into channeling
kerjasama penyaluran pendanaan dengan cooperation with PT Mitrausaha Indonesia Grup
PT Mitrausaha Indonesia Grup (“MIG”). (“MIG”). The maximum channeling facility is
Fasilitas maksimum penyaluran pendanaan amounted to Rp 100,000. The term of the
adalah sebesar Rp 100.000. Jangka waktu agreement is for 1 (one) year, from 14 June 2023
perjanjian adalah untuk 1 (satu) tahun, terhitung to 14 June 2024 and extended automatically
mulai tanggal 14 Juni 2023 hingga every year for a period of 2 (two) years.
14 Juni 2024 dan setelahnya dapat
diperpanjang secara otomatis setiap tahunnya
untuk jangka waktu 2 (dua) tahun.
e. Perjanjian Kerjasama Bancassurance e. Bancassurance Agreement
Pada bulan Agustus 2014, Bank melakukan In August 2014, the Bank entered into
kerjasama bancassurance dengan a bancassurance agreement with PT Asuransi
PT Asuransi Allianz Life Indonesia (“Allianz”). Allianz Life Indonesia (“Allianz”). The Bank will
Bank akan mendistribusikan produk-produk distribute life insurance products of Allianz to its
asuransi jiwa dari Allianz kepada nasabah Bank customers through the Bank’s distribution
melalui seluruh jalur distribusi Bank. Perjanjian channels. The agreement is effective for
ini berlaku selama 10 tahun. 10 years.
Pada tanggal 10 Januari 2024, Bank telah On 10 January 2024, Bank has extended
memperpanjang perjanjian kerjasama dengan bancassurance agreement with Allianz, which is
Allianz yang berlaku selama 5 tahun dari effective for 5 years starting from 9 August 2024
tanggal 9 Agustus 2024 sampai dengan until 8 August 2029.
8 Agustus 2029.
192
Page 603
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
44. PERJANJIAN KERJASAMA, KONTRAK DAN 44. SIGNIFICANT AGREEMENTS, CONTRACTS AND
KOMITMEN YANG SIGNIFIKAN (lanjutan) COMMITMENTS (continued)
f. Entitas Anak f. Subsidiaries
Pada tanggal 24 Juli 2014, PT Oto Multiartha On 24 July 2014, PT Oto Multiartha (“OTO”) and
("OTO”) dan PT Summit Oto Finance (“SOF”) PT Summit Oto Finance (“SOF”) entered into
mengadakan perjanjian dengan Netsol agreement with Netsol Technologies Ltd
Technologies Ltd (NetSol) terkait konversi (NetSol) regarding the conversion of the OTO
sistem operasi bisnis OTO dan SOF. and SOF’s business operational system. Based
Berdasarkan perjanjian ini NetSol berkewajiban on the agreement, NetSol is required to deliver
untuk memberikan jasa konsultasi, consultation services, development, licensing
pengembangan, perizinan dan and implementation of the system to OTO dan
pengimplementasian sistem kepada OTO dan SOF. Accordingly, NetSol is entitled for the
SOF. Oleh karena itu, NetSol berhak atas service fee and the OTO and SOF are obliged to
imbalan jasa dan OTO dan SOF berkewajiban pay the service fee. For this agreement, there
untuk membayar imbalan jasa tersebut. Atas was no requirement to obtain the authorized
perjanjian ini, tidak ada persyaratan perizinan regulator approval and there was no limitations
yang perlu diminta dari otoritas yang under this agreement.
berwenang dan tidak terdapat pembatasan-
pembatasan terkait perjanjian ini.
g. Komitmen signifikan lainnya g. Other significant commitment
Bank menyewa kantor dengan perjanjian sewa The Bank leases offices under non-cancellable
yang tidak dapat dibatalkan. Masa sewa antara lease agreements. The lease terms are between
5 – 11 tahun dengan mayoritas perjanjian jasa 5 – 11 years, and the majority of lease
dapat diperbarui pada akhir periode dengan harga agreements are renewable at the end of the lease
pasar. Bank diharuskan memberitahukan enam period at the market rate. The Bank is required to
bulan lebih awal apabila berniat mengakhiri give a six-month notice for the termination of these
perjanjian sewa. Beban terkait transaksi sewa yang agreements. The expenses related with lease
dibebankan pada laba rugi selama tahun berjalan transactions charged to the profit or loss during
diungkapkan dalam Catatan 32 dan 37. the year was disclosed in Note 32 and 37.
Berikut ini adalah pihak-pihak yang The following are counterparties of the Bank’s
mengadakan perjanjian sewa dengan Bank: lease commitments:
Pihak dalam perjanjian/ Item yang disewa/ Periode perjanjian/
Counterparties Leased items Period of agreement
PT Bahana Semesta Citra Ruang Kantor/Office Space 5 Oktober/October 2015 –
Nusantara 14 Maret/March 2027
Jumlah pembayaran sewa minimum di masa The future aggregate minimum lease payments
depan dalam perjanjian sewa yang tidak dapat under non-cancellable leases were as follows:
dibatalkan adalah sebagai berikut:
31 Desember/December
2024 2023
Lebih dari 1 - 5 tahun 293,201 97,355 More than 1 - 5 years
Lebih dari 5 tahun 8,196 - More than 5 years
301,397 97,355
193
Page 604
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO 45. RISK MANAGEMENT
Kerangka manajemen risiko Risk management framework
Grup mengutamakan penerapan manajemen risiko The Group focuses on the risk management
baik pada Bank dan Entitas Anak. Bank memiliki implementation for the Bank and Subsidiaries. The
segmen yang lengkap mulai dari segmen pinjaman Bank has complete segments starting from loans with
dengan plafon kecil di BTPN Syariah, Digital, small limit at BTPN Syariah, Digital, Pension, MUR
Pensiun, MUR (mikro), SME, Komersial sampai (micro), SME, Commercial up to Corporate segment,
dengan Korporasi serta piutang pembiayaan dari as well as financing receivables from multifinance
entitas anak lembaga pembiayaan. Dalam hal subsidiaries. In term of portfolio concentration,
konsentrasi portofolio, segmen Korporasi menjadi Corporate segment is the largest portfolio at around
portofolio terbesar yaitu di kisaran 61% pada posisi 61% as of 31 December 2024 and 66% as of
31 Desember 2024 dan 66% pada posisi 31 December 2023 followed by Pensioners segment
31 Desember 2023 diikuti oleh segmen Pensiunan at around 14% as of 31 December 2024
di kisaran 14% pada posisi 31 Desember 2024 (31 December 2023: 14%).
(31 Desember 2023: 14%).
Pengembangan manajemen risiko keuangan di Financial risk management development in the Group
Grup berpedoman pada peraturan OJK yang is guided by OJK regulations which govern risk
mengatur penerapan manajemen risiko bagi bank management implementation by commercial banks
umum. operating in Indonesia.
Kerangka manajemen risiko Grup The Group’s risk management framework is
diimplementasikan melalui kebijakan-kebijakan, implemented through policies, procedures,
prosedur, limit-limit transaksi dan kewenangan, transactions and authorisation limits, risk tolerance as
toleransi risiko serta perangkat manajemen risiko. well as risk management tools. The Group carries out
Grup melakukan pengembangan manajemen risiko continuous risk management development in line with
secara berkesinambungan sesuai dengan the increasing business complexity and the
meningkatnya kompleksitas bisnis dan development organisation, strategies and
perkembangan organisasi, strategi dan manajemen management information systems.
sistem informasi.
Penerapan manajemen risiko mencakup: The implementation of risk management covers:
- Pengawasan aktif Dewan Komisaris dan Direksi - Active supervision from Board of
- Kecukupan kebijakan, prosedur dan penetapan Commissioners and Board of Directors
limit - Sufficient policies, procedures and limit sets
- Kecukupan proses identifikasi, pengukuran, - Sufficient process of identification,
pemantauan dan pengendalian risiko serta measurement, risk oversight and control and risk
sistem informasi manajemen risiko management information
- Pengendalian internal yang menyeluruh - Overall internal control system
Organisasi manajemen risiko Grup melibatkan The risk management organization of the Group
pengawasan dari Dewan Komisaris dan Direksi. involves the oversight from the Board of
Grup telah membentuk Komite Pemantau Risiko Commissioners and Board of Directors. The Group
sebagai pengawas tertinggi di tingkat komisaris dan has established Risk Monitoring Committee as the
Komite Manajemen Risiko di tingkat direksi yang highest risk authority in the commissioner level and
merupakan bagian yang sangat penting dalam Risk Management Committee at the director level,
pengendalian risiko, sebagai unit kontrol yang which constitutes a crucial element in risk control, as
memantau seluruh risiko yang terdapat pada a control unit to monitor all of the risks in the Group’s
kegiatan operasional Grup. operating activities.
Komite Audit Bank memiliki tanggung jawab untuk The Bank’s Audit Committee is responsible for
memantau kepatuhan terhadap kebijakan dan monitoring compliance with risk management policies
prosedur manajemen risiko dan untuk menelaah and procedures and for reviewing the adequacy of the
kecukupan kerangka manajemen risiko yang terkait risk management framework in relation to the risks
dengan risiko-risiko yang dihadapi oleh Bank. faced by the Bank. In performing the role, the Audit
Dalam menjalankan fungsinya ini, Komite Audit Committee is assisted by internal audit working unit.
dibantu oleh satuan kerja internal audit.
194
Page 605
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
(Kerangka manajemen risiko (lanjutan) (Risk management framework (continued)
Risiko yang timbul dari instrumen keuangan Grup The risks arising from the Group’s financial
adalah risiko keuangan, termasuk diantaranya instruments are financial risks, which include credit
adalah risiko kredit dan pembiayaan, risiko and financing risk, liquidity risk, market risk and
likuiditas, risiko pasar dan risiko operasional. operational risk.
Entitas Anak telah menerapkan manajemen risiko, Subsidiary has implemented risk management,
antara lain dengan membentuk unit risiko pada among others by establishing a risk unit in Subsidiary.
Entitas Anak. Manajemen risiko pada Entitas Anak Risk management in Subsidiary is operating
secara operasional dilakukan terpisah dari unit separately from the business unit and conducting its
bisnis dan menjalankan fungsinya secara function independently. To support the
independen. Untuk mendukung penerapan implementation of risk management, the Subsidiary
manajemen risiko, pada struktur organisasi Entitas has established Audit Committee in its organizational
Anak juga dibentuk Komite Audit yang memiliki structure, which has responsibility to monitor the
tanggung jawab untuk memantau kepatuhan compliance of risk management policies and
terhadap kebijakan dan prosedur manajemen risiko procedures on a regular basis, and to analyse the
secara berkala, dan untuk menelaah kecukupan adequacy of risk management framework which
kerangka manajemen risiko yang terkait dengan related to the risks faced by the Subsidiary.
risiko-risiko yang dihadapi oleh Entitas Anak.
Disamping itu, Dewan Komisaris dan Direksi pada In addition, the Subsidiary’s Board of Commissioners
Entitas Anak secara aktif juga melakukan and Board of Directors actively monitor and evaluate
pemantauan, dan evaluasi terhadap pengendalian the internal controls, through the reports, as a basis
internal melalui laporan-laporan untuk digunakan in formulating and developing appropriate policies for
sebagai dasar untuk merumuskan dan the Subsidiary.
mengembangkan kebijakan yang tepat pada Entitas
Anak.
Bank selaku Entitas Utama telah menerapkan As the Lead Entity, the Bank has implemented
manajemen risiko konsolidasian sesuai ketentuan consolidated risk management in accordance with
OJK. Penerapan manajemen risiko konsolidasian OJK regulation. The Implementation of consolidated
antara lain mencakup laporan perhitungan risk management among others include report of
Kecukupan Penyediaan Modal Minimum (KPMM) consolidated minimum Capital Adequacy Ratio
konsolidasian, Batas Maksimum Pemberian Kredit (CAR), Legal Lending Limit (LLL), risk profile, Risk-
(BMPK) konsolidasian, laporan Profil Risiko Based Bank Rating and Internal Capital Adequacy
konsolidasian, Tingkat Kesehatan Bank (Risk- Assessment Process (ICAAP).
Based Bank Rating) konsolidasian dan Internal
Capital Adequacy Assessment Process (ICAAP)
konsolidasian.
Sehubungan dengan aksi korporasi yang telah In relation with the corporate action that have been
dilakukan Bank pada tahun 2024 dengan carried out by the Bank in 2024 by acquiring 2 Multi
mengakuisisi 2 Perusahaan Multi Finance yaitu PT Finance Companies, namely PT Oto Multiartha
Oto Multiartha (“OTO”) dan PT Summit Oto Finance ("OTO") and PT Summit Oto Finance ("SOF") as
(“SOF”) sebagai entitas anak, Bank telah subsidiaries, the Bank have obtained approval from
memperoleh persetujuan dari regulator untuk regulatory to implement Financial Conglomeration
pelaksanaan Konglomerasi Keuangan dimana Bank with Bank SMBCI appointed as the Lead Entity.
SMBCI ditunjuk sebagai Entitas Utama.
195
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PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
(Kerangka manajemen risiko (lanjutan) (Risk management framework (continued)
Sebagai Entitas Utama, Bank SMBCI menerapkan As Main Entity, Bank SMBCI is implementing
Manajemen Risiko dan Permodalan Terintegrasi Integrated Risk and Capital Management in
sesuai dengan peraturan yang berlaku. Bank accordance with applicable regulation. Bank SMBCI
SMBCI bersama-sama dengan Entitas Anak juga together with Subsidiaries have also established
telah membentuk Komite Manajemen Risiko Integrated Risk Management Committee which have
Terintegrasi yang mempunyai tanggung jawab the responsibilities to provide recommendation to
untuk memberikan rekomendasi kepada Direksi di Board of Directors in Lead Entity on matters related
Entitas Utama mengenai hal-hal yang berkaitan to the implementation of Integrated Risk
dengan penerapan Manajemen Risiko Terintegrasi, Management, including establishment and
termasuk penetapan dan penyempurnaan enhancement of relevant Risk Management Policy,
Kebijakan, Strategi dan Kerangka Kerja Manajemen Strategy and Framework.
Risiko yang relevan.
Risiko kredit Credit risk
Risiko kredit adalah risiko kerugian keuangan yang Credit risk is the risk of financial loss, from the failure
timbul akibat kegagalan pihak lain dalam memenuhi of other parties to fulfill their obligations to the Group,
kewajiban kepada Grup, termasuk Risiko Kredit including Credit Risk due to the concentration of
akibat terkonsentrasinya penyediaan dana (Risiko funding provision (Credit Concentration Risk), Credit
Konsentrasi Kredit), Risiko Kredit akibat kegagalan Risk due to counterparty failure (counterparty credit
pihak lawan (counterparty credit risk), Risiko Kredit risk), Credit Risk due to settlement failure (settlement
akibat kegagalan settlement (settlement risk), dan risk), and Credit Risk due to country risk (including
Risiko Kredit akibat country risk (termasuk transfer transfer risk). Credit risk arises mainly from loans and
risk). Risiko kredit terutama berasal dari pinjaman sharia financing/receivables.
yang diberikan dan pembiayaan/piutang syariah.
Grup juga terekspos risiko kredit yang muncul dari The Group is also exposed to credit risks arising from
investasi pada efek-efek utang. investment in debt securities.
Grup melakukan kaji ulang atas kebijakan kredit The Group reviews the credit policies periodically,
secara periodik terutama jika terdapat perubahan especially if there are any changes in market
kondisi perekonomian, perubahan peraturan conditions, changes in regulations and/or business
dan/atau pendekatan bisnis. approach.
Batas pemberian kredit ditetapkan dan ditelaah Lending limits are set and reviewed in the light of
mengikuti perubahan pada kondisi pasar dan changing market and economic conditions. Periodic
ekonomi. Penelaahan kredit secara periodik dan credit reviews and assessments of probability of
penilaian atas kemungkinan wanprestasi juga default are also conducted. Credit approval is
dilakukan. Proses persetujuan kredit dilakukan processed by credit committee and credit authority
melalui komite kredit dan kewenangan kredit as determined.
sebagaimana ditetapkan.
(i) Manajemen risiko kredit (i) Credit risk management
Grup mengelola dan mengawasi secara aktif The Group actively manages and monitors the
kualitas portofolio pinjaman yang diberikan loan portfolio quality by improving credit and
dengan cara meningkatkan kebijakan financing risk management policies effectively,
manajemen risiko kredit dan pembiayaan improving procedures and systems
secara efektif, penyempurnaan prosedur dan
pengembangan sistem. development.
Sistem Informasi Manajemen telah tersedia dan Management Information Systems (MIS) are in
akan terus dikembangkan serta telah mencakup place and continously developed and have
tingkat yang cukup rinci untuk mendeteksi setiap covered sufficient level of detail to detect any
perkembangan yang kurang baik sedini adverse development at an early stage, allowing
mungkin sehingga memungkinkan dilakukannya
tindakan yang tepat waktu untuk mengatasi timely measurement to be taken to counteract
kemungkinan penurunan kualitas kredit atau any possible deterioration in credit quality or to
untuk meminimalisasi kerugian kredit. minimise credit losses.
196
Page 607
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(i) Manajemen risiko kredit (lanjutan) (i) Credit risk management (continued)
Agunan Collaterals
Bank menerapkan berbagai kebijakan dan The Bank employs a range of policies and
praktik untuk memitigasi risiko kredit, Bank practices to mitigate credit risk. The Bank
menerapkan berbagai panduan atas jenis-jenis implements guidelines on the acceptability of
agunan yang dapat diterima dalam rangka specific classes of collateral to mitigate credit
memitigasi risiko kredit. Jenis-jenis agunan atas risk. The collateral types for loans are as follows:
pinjaman yang diberikan antara lain adalah:
• Kas/deposito • Cash/Time deposits
• Tanah dan/atau Bangunan • Lands and/or Buildings
• SBLC • SBLC
• Kendaraan • Vehicles
• Peralatan (termasuk mesin dan alat berat) • Equipment (including machines and heavy
equipment)
• Persediaan • Inventories
• Piutang • Accounts receivable
Untuk kredit korporasi, Bank mendapatkan For corporate loans, the Bank received collateral
jaminan dalam bentuk standby letters of credit in the form of standby letters of credit from
dari bank afiliasi untuk membatasi risiko kredit controlling banks to restrict the Bank’s credit risk.
bank. Bank juga menyediakan bank garansi The Bank also provides bank guarantee to its
kepada nasabahnya yang mengharuskan Bank customers which require the Bank to make
melakukan pembayaran untuk kepentingan payments for their interests. This causes the
mereka. Hal ini menyebabkan Bank Bank to face the same risks as the loans granted
menghadapi risiko yang sama dengan kredit and these risks are also mitigated by the same
yang diberikan dan risiko tersebut juga procedures and policies.
dimitigasi dengan prosedur dan kebijakan yang
sama.
Selain agunan yang disebutkan di atas, agunan In addition to the collateral mentioned above,
yang diterima untuk kredit korporasi terutama collaterals for corporate loans mainly consists of
terdiri dari jaminan yang diterima dari guarantees received from the parent company of
perusahaan induk debitur, penjaminan kredit the debtor, corporate credit guarantees and other
korporasi dan entitas publik lainnya, lembaga public entities, financial institutions and other
keuangan dan perusahaan lain serta jaminan companies as well as collateral in the form of
berupa efek-efek. securities.
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefits from such
manfaat dari agunan diungkapkan pada partial or full collateralization was disclosed in
Catatan 52. Note 52.
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan kredit taking into account collateral held or other
lainnya) credit enhancements)
Untuk aset keuangan yang diakui di laporan For financial assets recognized in the
posisi keuangan konsolidasian, eksposur consolidated statement of financial position, the
maksimum terhadap risiko kredit sama dengan maximum exposure to credit risk is equal to its
nilai tercatatnya. Untuk bank garansi dan carrying value. For bank guarantees and
irrevocable L/C yang diterbitkan, eksposur irrevocable L/C issued, maximum exposure to
maksimum terhadap risiko kredit adalah nilai credit risk is the value that must be paid by the
yang harus dibayarkan oleh Bank jika kewajiban Bank if the liabilities on the bank guarantee and
atas bank garansi dan irrevocable L/C yang irrevocable L/C issued has been occurred. For
diterbitkan terjadi. Untuk komitmen kredit, credit commitments, the maximum exposure to
eksposur maksimum atas risiko kredit adalah credit risk is equal to the amount of committed
sebesar jumlah komitmen fasilitas kredit credit facilities that have not been used by
(committed) yang belum digunakan oleh customers.
nasabah.
197
Page 608
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(ii) Eksposur maksimum risiko kredit (tanpa (ii) Maximum exposure to credit risk (without
memperhitungkan agunan dan perlindungan kredit taking into account collateral held or other
lainnya) (lanjutan) credit enhancements) (continued)
Tabel berikut menyajikan eksposur maksimum The following table presents the Group’s maximum
Grup terhadap risiko kredit untuk instrumen exposure to credit risk of financial instruments in the
keuangan pada laporan posisi keuangan consolidated statement of financial position and off-
konsolidasian dan rekening administratif, tanpa balance sheet accounts, without taking into account
memperhitungkan agunan yang dimiliki atau any collateral held or other credit enhancements:
perlindungan kredit lainnya:
31 Desember/December
2024 2023
Giro pada Bank Indonesia 9,443,461 9,276,598) Current accounts with Bank Indonesia
Giro pada bank-bank lain 1,034,964 962,229) Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 12,695,156 8,964,278) other banks
Efek-efek 28,174,357 17,263,557) Securities
Efek-efek yang dibeli dengan janji dijual Securities purchased under resale
kembali (reverse repo) 468,782 -) agreements (reverse repo)
Tagihan derivatif 1,748,125 1,133,149) Derivative receivables
Tagihan akseptasi 3,317,541 3,281,120) Acceptance receivables
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah - bersih receivables - net
- Korporasi 91,349,890 102,781,448) Corporates -
- Pensiunan 21,782,822 22,190,683) Pensioners -
- Usaha Mikro Kecil dan Menengah Micro Small and Medium -
(“UMKM”) 15,265,130 13,669,400) Enterprises ("MSME")
- Pembiayaan/piutang syariah 9,247,485 10,173,945) Sharia financing/receivables -
- Lainnya 8,403,988 3,127,774) Others -
- Pendapatan bunga/marjin yang masih
akan diterima 762,335 1,097,796) Accrued interest/margin income -
Piutang pembiayaan 27,461,692 -) Financing receivables
Penyertaan saham 75,285 102,586) Investment in shares
Aset lain-lain 626,819 423,113) Other assets
231,857,832 194,447,676)
Komitmen dan kontinjensi dengan Commitments and contingencies with
risiko kredit: credit risk:
Garansi yang diberikan 7,715,450 5,455,734) Guarantees provided
Fasilitas kredit kepada nasabah yang belum Unused credit facilities to customers -
digunakan - committed 11,762,750 10,870,217) committed
Letters of credit yang tidak dapat dibatalkan 1,582,162 721,016) Irrevocable letters of credit
Tabel di bawah ini menunjukkan eksposur The table below shows the net maximum
maksimum neto atas risiko kredit untuk exposure to credit risk on securities purchased
efek-efek yang dibeli dengan janji dijual under resale agreements (reverse repo) on
kembali (reverse repo) pada tanggal 31 December 2024 and 2023:
31 Desember 2024 dan 2023:
31 Desember/December 2024
Eksposur
maksimum / Agunan/ Eksposur neto/
Keterangan Maximum exposure Collateral Net exposure Description
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 468,187 (487,678) - (reverse repo)
(iii) Konsentrasi risiko aset keuangan dengan eksposur (iii) Concentration of risks of financial assets with credit
risiko kredit risk exposure
Grup mengelola dan mengendalikan konsentrasi The Group manages and controls concentrations of
risiko kredit dimanapun risiko tersebut teridentifikasi credit risk wherever they are identified - in particular,
- secara khusus, terhadap debitur individu dan to individual and group counterparties, and to
kelompok, dan industri serta sektor geografis. industries and geographical sectors.
198
Page 609
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Grup menentukan tingkat risiko kredit dan The Group structures the levels of credit and
pembiayaan yang dimiliki dengan menetapkan financing risk it undertakes by placing limits on the
batas jumlah risiko yang bisa diterima yang terkait amount of risk accepted in relation to one or group
dengan satu debitur atau kelompok debitur. borrowers.
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by geographical sectors
geografis adalah sebagai berikut: was as follows:
31 Desember/December 2024
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 9,443,461 - - - 9,443,461 Indonesia
Current accounts with other
Giro pada bank-bank lain 1,034,135 676 60 93 1,034,964 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 12,695,156 - - - 12,695,156 Indonesia and other banks
Efek-efek 28,174,357 - - - 28,174,357 Securities
Efek-efek yang dibeli dengan Securities purchased under
janji dijual kembali resale agreements
(reverse repo) 468,782 - - - 468,782 (reverse repo)
Tagihan derivatif 1,748,125 - - - 1,748,125 Derivative receivables
Tagihan akseptasi 3,317,541 - - - 3,317,541 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 125,164,955 11,509,767 2,346,032 7,790,896 146,811,650 receivables - net
Piutang pembiayaan - bersih 13,077,145 6,944,576 1,177,917 6,262,054 27,461,692 Financing receivables - net
Penyertaan saham 75,263 8 - 14 75,285 Investment in shares
Aset lain-lain - bersih 595,430 12,473 1,699 17,217 626,819 Other assets- net
195,794,350 18,467,500 3,525,708 14,070,274 231,857,832
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 7,715,450 - - - 7,715,450 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
committed 11,253,895 406,860 - 101,995 11,762,750 customers - committed
Letters of credit yang tidak dapat
dibatalkan 1,582,162 - - - 1,582,162 Irrevocable letters of credit
31 Desember/December 2023
Bali
dan/and Kalimantan
Nusa dan/and Jumlah/
Jawa/Java* Sumatera Tenggara Sulawesi Total
Current accounts with Bank
Giro pada Bank Indonesia 9,276,598 - - - 9,276,598 Indonesia
Current accounts with other
Giro pada bank-bank lain 961,885 121 95 128 962,229 banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank-bank lain 8,964,278 - - - 8,964,278 Indonesia and other banks
Efek-efek 17,263,557 - - - 17,263,557 Securities
Tagihan derivatif 1,133,149 - - - 1,133,149 Derivative receivables
Tagihan akseptasi 3,281,120 - - - 3,281,120 Acceptance receivables
Pinjaman yang diberikan dan
pembiayaan/piutang syariah – Loans and sharia financing/
bersih 132,873,008 10,130,220 2,321,948 7,715,870 153,041,046 receivables - net
Penyertaan saham 102,564 8 - 14 102,586 Investment in shares
Aset lain-lain 421,775 591 194 553 423,113 Other assets
174,277,934 10,130,940 2,322,237 7,716,565 194,447,676
Komitmen dan kontinjensi Commitments and contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan 5,455,734 - - - 5,455,734 Guarantees issued
Fasilitas kredit kepada nasabah
yang belum digunakan - Unused credit facilities to
committed 10,490,341 - - 379,876 10,870,217 customers - committed
Letters of credit yang tidak dapat
dibatalkan 721,016 - - - 721,016 Irrevocable letters of credit
*) Termasuk Kantor Pusat *) Including Head Office
199
Page 610
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iii) Konsentrasi risiko aset keuangan dengan (iii) Concentration of risks of financial assets with
eksposur risiko kredit (lanjutan) credit risk exposure (continued)
Konsentrasi risiko kredit berdasarkan sektor Credit risk concentration by industry sectors was
industri adalah sebagai berikut: as follows:
31 Desember / December 2024
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 9,443,461 - - - - - 9,443,461 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 1,034,964 - - - - 1,034,964 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 9,188,205 3,506,951 - - - - 12,695,156 banks
Efek-efek 25,969,583 1,900,866 - 784 303,124 - 28,174,357 Securities
Securities purchased
Efek-efek yang dibeli under resale
dengan janji dijual agreements
kembali (reverse repo) - 468,782 - - - - 468,782 (reverse repo)
Tagihan derivatif - 1,714,451 987 379 32,308 - 1,748,125 Derivative receivables
Tagihan akseptasi - - 3,317,541 - - - 3,317,541 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bersih - 19,029,077 21,930,556 32,442,142 30,176,855 43,233,020 146,811,650 net
Piutang pembiayaan - Financing receivables –
bersih - - - - - 27,461,692 27,461,692 net
Penyertaan saham - 75,285 - - - - 75,285 Investment in shares
Aset lain-lain 686 11,668 - - - 614,465 626,819 Other assets
44,601,935 27,742,044 25,249,084 32,443,305 30,512,287 71,309,177 231,857,832
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 7,715,450 - - - 7,715,450 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers –
digunakan - committed - 967,450 726,074 3,339,868 1,754,451 4,974,907 11,762,750 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 1,582,162 - - - 1,582,162 credit
31 Desember / December 2023
Lembaga
keuangan/ Jasa/
Pemerintah/ Financial Perdagangan/ Business Perindustrian/ Lain-lain/ Jumlah/
Government institution Trading services Manufacturing Others Total
Giro pada Bank Current accounts with
Indonesia 9,276,598 - - - - - 9,276,598 Bank Indonesia
Current accounts with
Giro pada bank-bank lain - 962,229 - - - - 962,229 other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank- Indonesia and other
bank lain 8,728,278 236,000 - - - - 8,964,278 banks
Efek-efek 15,144,339 1,859,875 - - 259,343 - 17,263,557 Securities
Tagihan derivatif - 1,098,893 8,526 102 25,628 - 1,133,149 Derivative receivables
Tagihan akseptasi - - 3,281,120 - - - 3,281,120 Acceptance receivables
Pinjaman yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bersih - 26,101,603 24,945,918 25,207,114 33,388,526 43,397,885 153,041,046 net
Penyertaan saham - 102,586 - - - - 102,586 Investment in shares
Aset lain-lain 593 269,950 - - - 152,570 423,113 Other assets
33,149,808 30,631,136 28,235,564 25,207,216 33,673,497 43,550,455 194,447,676
Commitments and
Komitmen dan kontinjensi contingencies
dengan risiko kredit: with credit risk:
Garansi yang diterbitkan - - 5,455,734 - - - 5,455,734 Guarantees issued
Fasilitas kredit kepada Unused credit facilities
nasabah yang belum to customers –
digunakan - committed - 1,022,645 798,933 2,769,881 2,458,078 3,820,680 10,870,217 committed
Letters of credit yang Irrevocable letters of
tidak dapat dibatalkan - - 721,016 - - - 721,016 credit
Konsentrasi risiko kredit berdasarkan jenis The credit risk concentration by type of credit or
kredit atau pembiayaan, mata uang, sektor financing, currency, economic sector and
ekonomi dan hubungan dengan debitur relationship with debtors is disclosed in Note 12
diungkapkan pada Catatan 12 dan Catatan 13. and Note 13.
200
Page 611
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (iv) Credit quality of financial assets
Proses penentuan kualitas kredit Bank Process of determining the Bank’s credit quality
mengacu pada kolektibilitas sesuai peraturan refers to collectibility in accordance with the OJK
OJK. regulations.
Segmen korporasi Corporate segment
Untuk segmen korporasi, kualitas kredit dikelola For corporate segment, the quality of credit is
oleh Bank dengan menggunakan peringkat managed by the Bank using internal credit
kredit internal. Bank menentukan peringkat ratings. The Bank determines the rating of a
suatu debitur dengan terlebih dahulu debtor by first determining the financial grade
menetapkan peringkat keuangan (financial using a rating model from financial aspects and
grade) dengan menggunakan model peringkat data obtained from the debtor's financial
dari aspek keuangan dan data yang diperoleh statements, including net worth and cash flows.
dari laporan keuangan debitur, termasuk This financial grade is then adjusted by
kekayaan bersih dan arus kas. Peringkat considering the conditions of the debtor's
keuangan ini kemudian disesuaikan dengan financial position and qualitative factors to
mempertimbangkan kondisi dari posisi determine the grade of the debtor.
keuangan debitur dan faktor kualitatif untuk
menentukan peringkat debitur.
Faktor kualitatif terutama mencakup arus kas Qualitative factors mainly cover expected future
masa depan yang diharapkan dengan cash flows with considering some factors such
mempertimbangkan faktor-faktor seperti as historical loss information, conformity of the
informasi kerugian historis, kesesuaian debtor's business plan or operational
rencana bisnis debitur atau rencana perbaikan improvement plan, status of developments in the
operasional, status perkembangan rencana business plan and overall support from financial
bisnis dan dukungan menyeluruh dari lembaga institutions.
keuangan.
Selain prosedur peringkat di atas, dalam hal In addition of grading procedure above, in the
debitur dianggap sebagai anak perusahaan event that the debtor is considered as a
yang dikonsolidasi oleh induk perusahaan di subsidiary that is consolidated by a parent
luar negeri, peringkat debitur bisa ditentukan company abroad, the debtor's grading can be
dengan mengadopsi peringkat obligor determined by adopting an obligor grading based
berdasarkan peringkat kredit yang diberikan on credit grading provided by the Bank's parent
induk perusahaan Bank terhadap induk company. Debtor grading and facility grading are
perusahaan tersebut. Peringkat debitur dan reviewed at least once a year, or if needed, when
peringkat fasilitas ditelaah paling sedikit there are changes in credit.
setahun sekali, atau bila diperlukan, ketika ada
perubahan kredit.
Peringkat internal untuk segmen korporasi Internal grading for corporate segment is
digolongkan sebagai berikut: categorized as follows:
• Debitur Grading 1-3 memiliki kemampuan • Grading 1-3 debtors have very strong ability
membayar kewajiban yang tinggi. to pay their obligations.
• Debitur Grading 4-6 tidak mengalami • Grading 4-6 debtors do not experience
kesulitan pembayaran kewajiban, namun difficulties to pay their obligations; however,
terdapat faktor bisnis atau ekonomi yang there are business or economy factors that
dapat menyebabkan masalah dalam may cause difficulties to pay the obligations.
pembayaran kewajiban.
• Debitur Grading 7A dan 7B memerlukan • Grading 7A and 7B debtors need special
pemantauan khusus karena bisnis yang observation as they experience
lesu/tidak stabil, atau masalah keuangan. sluggish/unstable business, or financial
issues.
• Debitur Grading 7R atau lebih rendah • Grading 7R or lower debtors represent
merupakan debitur yang telah mengalami debtors which are credit-impaired (default).
penurunan nilai (default).
201
Page 612
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut: was as follows:
31 Desember / December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Grade 1-3 8,774,132 - - - 8,774,132 Grade 1-3
Tanpa peringkat - - - 669,329 669,329 Non-graded
8,774,132 - - 669,329 9,443,461
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 187,354 - - - 187,354 Grade 1-3
Tanpa peringkat 843,972 - - 3,675 847,647 Non-graded
1,031,326 - - 3,675 1,035,001
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 11,448,738 - - - 11,448,738 Grade 1-3
Tanpa peringkat - - - 1,247,000 1,247,000 Non-graded
11,448,738 - - 1,247,000 12,695,738
Efek-efek Securities
Grade 1-3 19,378,421 - - - 19,378,421 Grade 1-3
Tanpa peringkat - - - 8,796,529 8,796,529 Non-graded
19,378,421 - - 8,796,529 28,174,950
Efek-efek yang dibeli Securities purchased under
dengan janji dijual resale agreements
kembali (reverse repo) (reverse repo)
Grade 1-3 468,782 - - - 468,782 Grade 1-3
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,748,125 - - - 1,748,125 Not yet overdue
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 75,253,160 997,138 - - 76,250,298 Grade 1-3
Grade 4-6 8,748,996 2,309,162 - - 11,058,158 Grade 4-6
Grade 7A-7B - 806,253 - - 806,253 Grade 7A-7B
Default - - 4,643,421 - 4,643,421 Default
84,002,156 4,112,553 4,643,421 - 92,758,130
Non-korporasi Non-corporates
Belum jatuh tempo 44,202,211 121,246 64,960 - 44,388,417 Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90 hari 733,170 660,519 9,504 - 1,403,193 90 days
Telah jatuh tempo Past due for
91-120 hari - - 142,570 - 142,570 91-120 days
Telah jatuh tempo Past due for
121-180 hari - - 216,865 - 216,865 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari - - 891,061 - 891,061 than 180 days
44,935,381 781,765 1,324,960 - 47,042,106
Dipindahkan 128,937,537 4,894,318 5,968,381 - 139,800,236 Carry forward
202
Page 613
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember / December 2024
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan dan Loans and sharia
pembiayaan/piutang syariah financing/receivables
(lanjutan): (continued):
Pindahan 128,937,537) 4,894,318) 5,968,381) -) 139,800,236) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 9,558,038) 9,558,038) Not yet overdue
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 1-30 hari -) -) -) 75,555) 75,555) 1-30 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 31-60 hari -) -) -) 77,494) 77,494) 31-60 days
Telah jatuh tempo tetapi Past due but not
tidak mengalami impaired for
penurunan nilai 61-90 hari -) -) -) 79,234) 79,234) 61-90 days
Mengalami penurunan nilai -) -) -) 381,438) 381,438) Impaired
-) -) -) 10,171,759) 10,171,759)
Pendapatan bunga/marjin Accrued interest/
yang masih akan diterima 582,947) 36,223) 41,018) 102,147) 762,335) margin income
129,520,484) 4,930,541) 6,009,399) 10,273,906) 150,734,330)
Piutang pembiayaan Financing receivables
Belum jatuh tempo 18,933,589) 29,475) 480,888) -) 19,443,952) Not yet overdue
Telah jatuh tempo Past due for
1-30 hari 5,016,591) 27,704) 685,982) -) 5,730,277) 1-30 days
Telah jatuh tempo Past due for
31-90 hari -) 796,936) 1,481,085) -) 2,278,021) 31-90days
Telah jatuh tempo Past due for
91-120 hari -) -) 726,730) -) 726,730) 91-120 days
Telah jatuh tempo Past due more
lebih dari 120 hari -) -) 1,253,642) -) 1,253,642) than 120 days
23,950,180) 854,115) 4,628,327) -) 29,432,622)
Tagihan akseptasi Acceptance receivables
Grade 1-3 2,617,607) -) -) -) 2,617,607) Grade 1-3
Grade 4-6 71,410) 645,290) -) -) 716,700) Grade 4-6
Tanpa peringkat 312) -) -) -) 312) Non-graded
2,689,329) 645,290) -) -) 3,334,619)
Penyertaan saham Investment in shares
Tanpa peringkat 75,285) -) -) -) 75,285) Non-graded
Aset lain-lain Other assets
Tanpa peringkat 455,927) -) 157,658) 13,234) 626,819) Non-graded
199,540,729) 6,429,946) 10,795,384) 21,003,673) 237,769,732)
Cadangan kerugian Allowance for
penurunan nilai (983,317) (383,386) (3,620,923) (924,274) (5,911,900) impairment losses
198,557,412) 6,046,560) 7,174,461) 20,079,399) 231,857,832)
203
Page 614
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember / December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Grade 1-3 8,613,155) -) -) 663,443) 9,276,598) Grade 1-3
Current accounts with
Giro pada bank-bank lain other banks
Grade 1-3 496,671) -) -) -) 496,671) Grade 1-3
Tanpa peringkat 462,061) -) -) 3,655) 465,716) Non-graded
958,732) -) -) 3,655) 962,387)
Penempatan pada Bank Placement with Bank
Indonesia dan bank- Indonesia and other
bank lain banks
Grade 1-3 8,626,278) -) -) -) 8,626,278) Grade 1-3
Tanpa peringkat -) -) -) 338,000) 338,000) Non-graded
8,626,278) -) -) 338,000) 8,964,278)
Efek-efek Securities
Grade 1-3 8,694,708) -) -) -) 8,694,708) Grade 1-3
Grade 4-6 -) 2,956) -) -) 2,956) Grade 4-6
Tanpa peringkat -) -) -) 8,566,692) 8,566,692) Non-graded
8,694,708) 2,956) -) 8,566,692) 17,264,356)
Tagihan derivatif Derivative receivables
Belum jatuh tempo 1,133,149) -) -) -) 1,133,149) Not yet overdue
Pinjaman yang diberikan
dan Loans and sharia
pembiayaan/piutang financing/
syariah: receivables:
Korporasi Corporates
Grade 1-3 85,561,286) 240,109) -) -) 85,801,395) Grade 1-3
Grade 4-6 5,567,387) 6,197,539) -) -) 11,764,926) Grade 4-6
Grade 7A-7B -) 224,543) -) -) 224,543) Grade 7A-7B
Default -) -) 5,063,549) -) 5,063,549) Default
91,128,673) 6,662,191) 5,063,549) -) 102,854,413)
Non-korporasi Non-corporates
Belum jatuh tempo 39,955,284) 331,736) 116,635) -) 40,403,655) Not yet overdue
Telah jatuh tempo Past due up to
sampai dengan 90
hari 394,080) 331,415) 48,876) -) 774,371) 90 days
Telah jatuh tempo Past due for
91-120 hari -) -) 91,773) -) 91,773) 91-120 days
Telah jatuh tempo Past due for
121-180 hari -) -) 100,524) -) 100,524) 121-180 days
Telah jatuh tempo Past due more
lebih dari 180 hari -) -) 948,700) -) 948,700) than 180 days
40,349,364) 663,151) 1,306,508) -) 42,319,023)
Dipindahkan 131,478,037) 7,325,342) 6,370,057) -) 145,173,436) Carry forward
204
Page 615
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, the carrying
nilai tercatat aset keuangan berdasarkan amount of financial assets based on credit quality
kualitas kredit adalah sebagai berikut (lanjutan): was as follows (continued):
31 Desember/December 2023
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Pinjaman yang diberikan Loans and sharia
dan pembiayaan/piutang financing/receivables
syariah (lanjutan): (continued):
Pindahan 131,478,037) 7,325,342) 6,370,057) -) 145,173,436) Carried forward
Syariah Sharia
Belum jatuh tempo -) -) -) 10,593,668) 10,593,668) Not yet overdue
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 1-30 impaired for
hari -) -) -) 143,281) 143,281) 1-30 days
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 31-60 impaired for
hari -) -) -) 143,129) 143,129) 31-60 days
Telah jatuh tempo tetapi
tidak mengalami Past due but not
penurunan nilai 61-90 impaired for
hari -) -) -) 173,266) 173,266) 61-90 days
Mengalami penurunan
nilai -) -) -) 334,517) 334,517) Impaired
-) -) -) 11,387,861) 11,387,861)
Pendapatan bunga/marjin
yang masih akan Accrued interest/
diterima 640,617) 80,697) 211,592) 164,890) 1,097,796) margin income
132,118,654) 7,406,039) 6,581,649) 11,552,751) 157,659,093)
Tagihan akseptasi Acceptance receivables
Grade 1-3 3,073,305) -) -) -) 3,073,305) Grade 1-3
Grade 4-6 30,792) 184,499) -) -) 215,291) Grade 4-6
Tanpa peringkat 1,161) -) -) -) 1,161) Non-graded
3,105,258) 184,499) -) -) 3,289,757)
Penyertaan saham Investment in shares
Tanpa peringkat 22,522) -) -) 80,064) 102,586) Non-graded
Aset lain-lain Other assets
Tanpa peringkat 405,850) -) -) 17,263) 423,113) Non-graded
163,678,306) 7,593,494) 6,581,649) 21,221,868) 199,075,317)
Cadangan kerugian Allowance for
penurunan nilai (634,415) (175,608) (2,603,702) (1,213,916) (4,627,641) impairment losses
163,043,891) 7,417,886) 3,977,947) 20,007,952) 194,447,676)
*) Termasuk aset keuangan syariah dengan kualitas kredit lancar Include sharia financial assets with current credit quality *)
Penjelasan mengenai Tahap 1, Tahap 2 dan The explanation of Stage 1, Stage 2 and
Tahap 3 dapat dilihat pada Catatan 2i. Stage 3 can be referred to Note 2i.
205
Page 616
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
(iv) Kualitas kredit aset keuangan (lanjutan) (iv) Credit quality of financial assets (continued)
Perubahan pada penyisihan kerugian Movement of the allowance for impairment
penurunan nilai berdasarkan jenis portofolio losses by credit/financing and financing
kredit/pembiayaan dan piutang pembiayaan receivables portfolio types was as follows:
adalah sebagai berikut:
Tahun berakhir 31 Desember 2024/
Year ended 31 December 2024
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 212,329) 891,829) 2,122,909) 1,213,916) 177,064) 4,618,047) Beginning balance
Penambahan dari Addition due to
akuisisi -) -) -) -) 1,693,663) 1,693,663) acquisition
Penambahan 76,945) 245,277) 75,679) 1,359,766) 2,118,286) 3,875,953) Addition
Penerimaan kembali 5,390) 12,895) -) 24,979) 14,886) 58,150) Recovery
Penghapusbukuan (97,319) (226,565) -) (1,674,387) (1,563,583) (3,561,854) Write-off
Kerugian modifikasi -) -) (774,532) -) -) (774,532) Modification loss
Lainnya -) -) (15,817) -) -) (15,817) Others
Saldo akhir 197,345) 923,436) 1,408,239) 924,274) 2,440,316) 5,893,610) Ending balance
Tahun berakhir 31 Desember 2023/
Year ended 31 December 2023
Pensiunan/ UMKM/ Korporasi/ Syariah/ Lainnya/ Jumlah/
Pension* MSME Corporate Sharia Others Total
Saldo awal 255,742) 974,353) 1,356,573) 768,925) 223,526) 3,579,119) Beginning balance
Penambahan 87,986) 179,215) 779,226) 1,898,117) 85,027) 3,029,571) Addition
Penerimaan kembali 16,022) 15,216) -) 48,284) 8,769) 88,291) Recovery
Penghapusbukuan (147,421) (276,955) -) (1,501,410) (140,258) (2,066,044) Write-off
Lainnya -) -) (12,890) -) -) (12,890) Others
Saldo akhir 212,329) 891,829) 2,122,909) 1,213,916) 177,064) 4,618,047) Ending balance
*) Termasuk Kredit Pegawai Aktif Include Active Employee Loan*)
Risiko likuiditas Liquidity risk
Risiko likuiditas adalah risiko yang terjadi jika Grup Liquidity risk is the risk that the Group is unable to
tidak dapat memenuhi pembayaran kewajiban pada meet their payment obligations as they fall due,
saat jatuh tempo, termasuk pencairan simpanan including withdrawal of customer deposits. One of the
nasabah. Salah satu parameter yang digunakan parameters used is by analysing the maturity profile
adalah dengan menganalisa profil jatuh tempo dari from the funding sources, which are usually short
sumber pendanaan yang pada umumnya berjangka term, while most of the assets which were distributed
pendek dan sebagian besar aset yang disalurkan in the form of loans, are usually long-term. A relatively
dalam bentuk kredit dengan jangka waktu yang wide gap can increase liquidity risk.
pada umumnya berjangka panjang. Terjadinya
kesenjangan yang cukup besar akan dapat
meningkatkan risiko likuiditas.
Dalam mengantisipasi potensi tekanan likuiditas In anticipating potential liquidity pressures that may
yang mungkin terjadi, Grup telah mempersiapkan occur, the Group has prepared the funding strategy
strategi pendanaan dan cadangan likuiditas yang and adequate liquidity reserves which are adjusted to
memadai yang disesuaikan dengan kebutuhan the operational needs and the liquidity profile in order
operasional dan profil likuiditas agar selalu to always comply with the relevant regulations.
memenuhi regulasi terkait.
206
Page 617
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Profil jatuh tempo diproyeksikan atas jangka waktu This maturity profile is projected based on the
yang tersisa berdasarkan tanggal kontraktual aset remaining period to the contractual maturity date of
dan liabilitas tertentu. Secara historis, sebagian assets and liabilities. Historically, a significant portion
besar dari simpanan diperpanjang pada saat jatuh of deposits are rolled-over on the maturity date which
tempo yang dipengaruhi oleh perilaku nasabah dan is affected by customer behaviour and confidence
tingkat kepercayaan terhadap Grup. Untuk level to the Group. To manage the liquidity risk of this
mengelola risiko likuiditas atas kondisi tersebut, condition, the Group establishes appropriate
maka Grup menetapkan strategi yang sesuai dan strategies and sufficient amount of cash and liquid
jumlah kas dan aset likuid yang perlu dimiliki, yang assets that can be liquidated or used as collateral
dapat dicairkan atau dijadikan jaminan jika ada should there be an urgent need for liquidity.
kebutuhan likuiditas yang mendesak.
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining
sampai dengan tanggal jatuh tempo aset keuangan period to maturity date of financial assets (before
(sebelum cadangan kerugian penurunan nilai) dan allowance for impairment losses) and financial
liabilitas keuangan. liabilities.
31 Desember/December 2024
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,379,647) 1,379,647) -) -) -) -) -) Cash
Current accounts
Giro pada Bank with Bank
Indonesia 9,443,461) 9,443,461) -) -) -) -) -) Indonesia
Giro pada bank-bank Current accounts
lain 1,035,001) 1,035,001) -) -) -) -) -) with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 12,695,738) -) 12,634,738) 61,000) -) -) -) and other banks
Efek-efek 28,174,950) -) 1,870,528) 9,021,201) 7,720,427) 5,051,381) 4,511,413) Securities
Efek-efek yang dibeli Securities purchased
dengan janji dijual under resale
kembali agreements
(reverse repo) 468,782) -) 468,782) -) -) -) -) (reverse repo)
Derivative
Tagihan derivatif 1,748,125) -) 246,870) 166,861) 51,131) 192,520) 1,090,743) receivables
Acceptance
Tagihan akseptasi 3,334,619) -) 207,422) 737,415) 1,849,495) 529,294) 10,993) receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/piutang financing/
syariah 150,734,330) -) 23,955,642) 24,472,684) 7,054,648) 17,837,042) 77,414,314) receivables
Financing
Piutang pembiayaan 29,432,622) -) 1,030,518) 2,163,173) 3,187,115) 5,969,631) 17,082,185) Receivables
Penyertaan saham 75,285) 75,285) -) -) -) -) -) Investment in shares
Aset lain-lain 626,819) 3,367) 508,101) 6,486) 7,457) 15,223) 86,185) Other assets
Jumlah aset 239,149,379) 11,936,761) 40,922,601) 36,628,820) 19,870,273) 29,595,091) 100,195,833) Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (48,898) -) (30,285) (18,613) - - - Immediately
Bagi hasil yang Undistributed
belum dibagikan (18,825) -) (18,825) -) -) -) -) revenue sharing
Giro (25,587,478) (25,585,492) (1,986) -) -) -) -) Current accounts
Tabungan (19,029,523) (19,027,786) (1,737) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (67,368,856) -) (48,514,180) (12,821,570) (3,355,463) (2,653,627) (24,016) deposits on call
Simpanan dari bank- Deposits from other
bank lain (757,714) (752,714) - (5,000) Banks
Liabilitas derivatif (1,558,841) -) (265,138) (127,552) (17,714) (195,719) (952,718) Derivative payables
Liabilitas akseptasi (3,162,381) -) (182,428) (711,582) (1,728,084) (529,294) (10,993) Acceptance payables
Surat berharga yang
diterbitkan (2,961,041) -) (17,378) (3,739) -) (254,689) (2,685,235) Securities issued
Pinjaman yang
diterima (49,658,227) -) (2,225,641) (1,320,747) (2,047,789) (2,082,566) (41,981,484) Borrowings
Pinjaman subordinasi (3,229,069) -) (10,069) -) -) -) (3,219,000) Subordinated loans
Liabilitas sewa (335,275) -) (11,527) (10,372) (10,592) (32,299) (270,485) Lease liabilities
Liabilitas lain-lain (647,755) (51,641) (500,981) (28,388) (28,483) (13,302) (24,960) Other liabilities
Jumlah liabilitas (174,363,883) (45,417,633) (51,780,175) (15,047,563) (7,188,125) (5,761,496) (49,168,891) Total liabilities
64,785,496) (33,480,872) (10,857,574) 21,581,257) 12,682,148) 23,833,595) 51,026,942)
Aset (liabilitas) bersih Net assets (liabilities)
207
Page 618
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut ini menyajikan rincian sisa periode The following tables provide detail of remaining period
sampai dengan tanggal jatuh tempo aset keuangan to maturity date of financial assets (before allowance
(sebelum cadangan kerugian penurunan nilai) dan for impairment losses) and financial liabilities
liabilitas keuangan (lanjutan). (continued).
31 Desember/December 2023
Sesuai
Jumlah/ permintaan/ ≤ 1 bulan/ > 1-3 bulan/ > 3-6 bulan/ > > 6-12 bulan/ > 12 bulan/
Total On demand ≤ 1 month > 1-3 months 3-6 months > 6-12 months > 12 months
Aset Assets
Kas 1,428,683) 1,428,683) -) -) -) -) -) Cash
Current accounts
Giro pada Bank -) -) -) -) -) with Bank
Indonesia 9,276,598) 9,276,598) Indonesia
Giro pada bank-bank Current accounts
lain 962,387) 962,387) -) -) -) -) -) with other banks
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain 8,964,278) -) 8,855,778) 108,500) -) -) -) and other banks
Efek-efek 17,264,356) -) 3,838,099) 5,192,894) 1,098,198) 1,477,625) 5,657,540) Securities
-) Derivative
Tagihan derivatif 1,133,149) 68,940) 91,953) 76,993) 142,831) 752,432) receivables
Acceptance
Tagihan akseptasi 3,289,757) -) 193,484) 1,624,722) 1,471,551) -) -) receivables
Pinjaman yang
diberikan dan Loans and sharia
pembiayaan/piutang financing/
syariah 157,659,093) -) 28,897,593) 19,849,556) 10,182,760 19,332,839) 79,396,345) receivables
Penyertaan saham 102,586) 102,586) -) -) -) -) -) Investment in shares
Aset lain-lain 423,113) 7,458) 407,093) -) 25) 187) 8,350) Other assets
Jumlah aset 200,504,000) 11,777,712( 42,260,987( 26,867,625( 12,829,527( 20,953,482( 85,814,667( Total assets
Liabilitas Liabilities
Obligations due
Liabilitas segera (71,606) -) (49,140) (22,466) -) -) -) immediately
Bagi hasil yang Undistributed
belum dibagikan (21,951) -) (21,951) -) -) -) -) revenue sharing
Giro (26,634,643) (26,628,683) (5,960) -) -) -) -) Current accounts
Tabungan (16,670,362) (16,668,863) (1,499) -) -) -) -) Saving deposits
Deposito berjangka Time deposits and
dan deposito on call (55,152,398) -) (41,962,192) (9,139,063) (2,185,498) (1,760,395) (105,250) deposits on call
Simpanan dari bank- Deposits from other
bank lain (10,822,121) (351,438) (8,600,028) (1,870,655) - -) -) banks
Liabilitas derivatif (1,072,104) -) (84,869) (102,060) (76,309) (131,318) (677,548) Derivative payables
Liabilitas akseptasi (2,323,633) -) (72,891) (1,248,426) (1,002,316) -) -) Acceptance payables
Surat berharga yang
diterbitkan (202,083) -) (1,514) -) -) (200,569) -) Securities issued
Pinjaman yang )
diterima (31,355,517) -) (151,020) -) (1,000,000) (4,197,515) (26,006,982) Borrowings
Pinjaman subordinasi (3,090,360) -) (10,960) -) -) -) (3,079,400) Subordinated loans
Liabilitas sewa (353,990) -) (1,866) (82) (831) (5,279) (345,932) Lease liabilities
Liabilitas lain-lain (505,982) (29,781) (471,241) (4,288) (629) (43) -) Other liabilities
Jumlah liabilitas (148,276,750) (43,678,765) (51,435,131) (12,387,040) (4,265,583) (6,295,119) (30,215,112) Total liabilities
52,227,250) (31,901,053) (9,174,144) 14,480,585 8,563,944) 14,658,363) 55,599,555)
Aset (liabilitas) bersih Net assets (liabilities)
208
Page 619
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) 0 Liquidity risk (continued)
Tabel berikut ini menunjukkan arus kas kontraktual The following table shows the contractual
yang tidak didiskonto dari liabilitas keuangan dan undiscounted cash flows of the Group’s financial
rekening administratif Grup berdasarkan periode liabilities and administrative accounts based on the
tersisa sampai dengan jatuh tempo kontraktual: remaining period to contractual maturity:
31 Desember/December 2024
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (48,898) (48,898) (48,898) -) -) -) -) Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (18,825) (18,825) (18,825) -) -) -) -) sharing
Giro (25,587,478) (25,622,125) (25,622,125) -) -) -) -) Current accounts
Tabungan (19,029,523) (19,038,398) (19,032,657) (1,264) (3,164) (1,313) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (67,368,856) (68,467,914) (49,946,270) (12,788,759) (5,718,301) (14,584) -) deposits on call
Simpanan dari bank-bank lain (757,714) (760,687) (760,687) -) -) -) -) Deposits from other banks
Liabilitas akseptasi (3,162,381) (3,162,381) (182,428) (711,582) (2,257,378) (10,993) -) Acceptance payables
Surat berharga yang diterbitkan (2,961,041) (3,186,323) (8,007) (21,744) (311,161) (378,374) (2,467,037) Securities issued
Pinjaman yang diterima (49,658,227) (55,128,176) (2,262,705) (1,989,198) (6,803,237) (34,312,615) (9,760,421) Borrowing
Pinjaman subordinasi (3,229,069) (4,505,964) -) (47,665) (142,996) (190,661) (4,124,642) Subordinated loans
Liabilitas sewa (335,275) (439,897) (13,953) (16,673) (94,120) (61,231) (253,920) Lease liability
Liabilitas lain-lain (647,755) (647,755) (590,939) (17,224) (25,768) (13,824) -) Other liabilities
(172,805,042) (181,027,343) (98,487,494) (15,594,109) (15,356,125) (34,983,595) (16,606,020)
Liabilitas derivatif (1,558,841) Derivative payables
Arus kas masuk -) 31,905,732) 1,373,209) 749,259) 5,652,652) 4,912,984) 19,217,628) Cash inflow
Arus kas keluar -) (33,913,100) (1,518,816) (888,831) (6,091,589) (5,370,236) (20,043,628) Cash outflow
(1,558,841) (2,007,368) (145,607) (139,572) (438,937) (457,252) (826,000)
L/C yang tidak dapat dibatalkan -) (1,582,162) (691,176) (561,080) (329,906) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (11,762,750) -) -) (2,365,763) (1,200,312) (8,196,675) facilities - committed
Garansi yang diterbitkan -) (7,715,450) (1,326,685) (697,002) (1,569,609) (4,122,154) -) Guarantees issued
-) (21,060,362) (2,017,861) (1,258,082) (4,265,278) (5,322,466) (8,196,675)
(174,363,883) (204,095,073) (100,650,962) (16,991,763) (20,060,340) (40,763,313) (25,628,695)
Jumlah Total
31 Desember/December 2023
Nilai nominal
bruto arus kas
masuk Hingga
(keluar)/Gross 1 bulan/
Nilai tercatat/ nominal inflow Up to >1 - 3 bulan/ >3 - 12 bulan/ >1 - 2 tahun/ >2 tahun/
Carrying amount (outflow) 1 month months months years years
Liabilitas non-derivatif Non-derivative liabilities
Liabilitas segera (71,606) (71,606) (71,606) -) -) -) -) Obligations due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan (21,951) (21,951) (21,951) -) -) -) -) sharing
Giro (26,634,643) (26,683,135) (26,683,135) -) -) -) -) Current accounts
Tabungan (16,670,362) (16,678,067) (16,666,200) (3,718) (6,685) (1,464) -) Saving deposits
Deposito berjangka dan deposito Time deposits and
on call (55,152,398) (55,260,504) (42,005,549) (9,236,499) (4,014,576) (3,880) -) deposits on call
Simpanan dari bank-bank lain (10,822,121) (10,825,968) (8,954,247) (1,871,721) - -) -) Deposits from other banks
Liabilitas akseptasi (2,323,633) (2,323,633) (72,891) (1,248,426) (1,002,316) -) -) Acceptance payables
Surat berharga yang diterbitkan (202,083) (266,275) (50,000) (3,926) (212,349) -) -) Securities issued
Pinjaman yang diterima (31,355,517) (35,035,603) (151,260) (403,641) (6,693,882) (22,411,003) (5,375,817) Borrowing
Pinjaman subordinasi (3,090,360) (4,129,079) - (53,827) (161,480) (215,307) (3,698,465) Subordinated loans
Liabilitas sewa (353,990) (365,048) (28,813) (4,930) (101,466) (123,378) (106,461) Lease liability
Liabilitas lain-lain (505,982) (505,982) (505,982) -) -) -) -) Other liabilities
(147,204,646) (152,166,851) (95,211,634) (12,826,688) (12,192,754) (22,755,032) (9,180,743)
Liabilitas derivatif (1,072,104) Derivative payables
Arus kas masuk -) 30,558,152) 10,534,268) 4,792,544) 6,654,894) 4,302,673) 4,273,773) Cash inflow
Arus kas keluar -) (31,791,298) (10,638,886) (4,949,849) (7,047,313) (4,584,282) (4,570,968) Cash outflow
(1,072,104) (1,233,146) (104,618) (157,305) (392,419) (281,609) (297,195)
L/C yang tidak dapat dibatalkan -) (721,017) (273,495) (247,757) (199,765) -) -) Irrevocable L/C
Fasilitas kredit yang belum Unused credit
digunakan - committed -) (10,870,217) -) -) (2,574,317) (865,241) (7,430,659) facilities - committed
Garansi yang diterbitkan -) (5,455,734) (430,838) (753,099) (2,348,957) (812,067) (1,110,773) Guarantees issued
-) (17,046,968) (704,333) (1,000,856) (5,123,039) (1,677,308) (8,541,432)
(148,276,750) (170,446,965) (96,020,585) (13,984,849) (17,708,212) (24,713,949) (18,019,370)
Jumlah Total
209
Page 620
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel sebelumnya menyajikan arus kas yang tidak The previous table shows the undiscounted cash
didiskontokan dari liabilitas keuangan Grup flows on the Group’s financial liabilities on the basis of
berdasarkan periode jatuh tempo kontraktual yang their earliest possible contractual maturity. The Group
paling dekat. Arus kas yang diharapkan atas expected cash flows on these instruments may vary
instrumen keuangan Grup mungkin berbeda from this analysis. For example, deposits are
dengan analisis ini. Sebagai contoh, simpanan expected to maintain a stable or increasing balance
diharapkan memiliki saldo yang stabil atau or unused credit facilities to customer-committed are
meningkat atau fasilitas kredit kepada nasabah not all expected to be drawn down immediately.
yang belum digunakan (committed) tidak
seluruhnya diharapkan untuk segera digunakan.
Nilai nominal arus kas masuk/(keluar) yang The nominal inflow/(outflow) disclosed in the above
diungkapkan pada tabel di atas menyajikan arus kas tables represents the contractual undiscounted cash
kontraktual yang tidak didiskontokan terkait dengan flows relating to the principal and interest on the
nilai pokok dan bunga dari liabilitas keuangan. financial liabilities. The disclosure for derivatives
Pengungkapan instrumen derivatif menunjukkan shows the net amount of derivatives that are net
nilai bersih derivatif yang dapat diselesaikan secara settled, and a gross inflow and outflow amount for
neto, juga nilai bruto arus kas masuk dan keluar derivatives that have simultaneous gross settlement.
untuk derivatif yang diselesaikan secara bruto. Arus The cash flows of derivatives liabilities in the table
kas liabilitas derivatif seperti yang ditunjukkan di represent the cash flows based on contractual
tabel di atas merupakan arus kas berdasarkan jatuh maturities which the Group believes is essential for an
tempo kontraktual yang menurut Grup adalah understanding of the timing of the cash flows.
penting untuk memahami jadwal dari arus kas.
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its liquidity
mengendalikan risiko likuiditas adalah: risk include:
- Menetapkan kebijakan pengendalian risiko - Application of a liquidity risk control policy that is
likuiditas yang telah disesuaikan dengan misi, suited to the mission, business strategy, capital
strategi bisnis, kecukupan permodalan, sumber adequacy, human resources and appetite for risk
daya manusia dan risk appetite Grup. of the Group.
- Menetapkan kebijakan dan prosedur penetapan - Application of a liquidity risk limit policies and
limit risiko likuiditas secara tertulis, lengkap, procedures that are written, complete, adequate
memadai dan cukup mudah ditelusuri. and easy to follow.
- Menjaga cadangan likuiditas agar sesuai - Maintain liquidity reserves to match the ALCO’s
dengan rekomendasi ALCO. recommendation.
- Mengelola portofolio pendanaan untuk - Managing it’s funding portfolio to avoid
menghindari risiko konsentrasi dan concentration risk and dependence on single
ketergantungan pada sumber pendanaan source of funding. It is monitored by ALCO and
tertentu. Hal ini dimonitor secara bulanan oleh Risk Management Committee (RMC).
ALCO dan Risk Management Committee (RMC).
- Fungsi pengawasan yang independen dari - The independent monitoring function of the risk
satuan kerja manajemen risiko. management working unit.
Untuk menjaga ketahanan likuiditas, Bank To maintain its liquidity resilience, the Bank monitor
melakukan pemantauan terhadap rasio kecukupan the Liquidity Coverage Ratio (LCR) and a Net Stable
likuiditas (Liquidity Coverage Ratio/LCR) dan rasio Funding Ratio (NSFR). Apart of being the
pendanaan stabil bersih (Net Stable Funding requirements that must be complied with, internally
Ratio/NSFR). Selain sebagai bagian dari ketentuan Bank also set those ratios as part of the early
yang wajib dipatuhi, secara internal Bank juga warning indicator and the recovery plan indicators
menetapkan rasio-rasio tersebut ditetapkan sebagai which are monitored on a daily basis.
bagian dari indikator peringatan dini (early warning
indicators) dan indikator rencana pemulihan
(recovery plan) yang dimonitor secara harian.
210
Page 621
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
LCR dikelola dengan memelihara asset likuid yang LCR is managed by maintaining high quality liquid
berkualitas tinggi (High Quality Liquid Assets/HQLA) assets (HQLA) which enables Bank to cover the
untuk dapat memenuhi potensi dana keluar bersih potential net outflows within the next 30 days in
dalam 30 hari kedepan sesuai dengan skenario accordance with the scenario determined based on
yang ditetapkan berdasarkan regulasi dari Otoritas regulations from Otoritas Jasa Keuangan (OJK).
Jasa Keuangan (OJK). Sedangkan NSFR bertujuan Meanwhile, the NSFR aims to maintain a stable
untuk memelihara profil pendanaan stabil yang funding profile that is adjusted to the composition of
disesuaikan dengan komposisi aset dan transaksi assets and administrative account transactions of the
rekening administratif Bank sesuai dengan Bank in accordance with regulations from OJK.
peraturan dari OJK.
Laporan LCR dan NSFR disampaikan secara LCR and NSFR reports are submitted periodically to
berkala kepada Otoritas Jasa Keuangan (OJK) dan Otoritas Jasa Keuangan (OJK) and published in
dipublikasikan sesuai dengan ketentuan yang accordance with applicable regulations.
berlaku.
Risiko pasar Market risk
Risiko pasar adalah potensi timbulnya kerugian Market risk is the potential loss in book value or future
dalam nilai buku atau fluktuasi arus kas di masa cash flows fluctuation due to changes in interest rates
mendatang yang diakibatkan oleh perubahan suku or exchange rates.
bunga atau nilai tukar.
Bank secara internal berupaya memastikan Bank internally seeks to ensure exposures, as well as
eksposur, transaksi dan ekspansi dalam valuta asing foreign exchange and interest rates based
dan berdasarkan suku bunga yang dilakukan bisnis transactions and expansion undertaken by the
telah sesuai dengan limit dan risk appetite Bank. business is in accordance with the Bank's limits and
risk appetite.
Secara keseluruhan, risiko pasar dibagi menjadi In overall, market risk is divided into two following
dua risiko sebagai berikut: risks:
(i) Risiko mata uang asing (i) Foreign currency risk
Risiko mata uang asing timbul dari adanya Foreign exchange risk arises from on and off-
posisi neraca dan komitmen dan kontinjensi balance sheet positions both on the asset and
(off-balance sheet) baik di sisi aset maupun liability sides through transactions in foreign
liabilitas yang timbul melalui transaksi mata currencies.
uang asing.
Bank mengukur risiko nilai tukar untuk melihat The Bank measures the foreign exchange risk to
dampak perubahan nilai tukar pada pendapatan understand the impact of the exchange rate
dan modal Bank. Untuk mengelola dan movement on the Bank’s revenue and capital. In
memitigasi risiko nilai tukar, pembatasan posisi order to manage and mitigate the foreign
secara internal ditetapkan jauh di bawah limit exchange risk, predefined internal limits are set
posisi devisa neto yang ditetapkan regulator. below net open position limit that is defined by
Bank juga memonitor stop loss limit untuk regulator. The Bank also monitors stop loss limit
menjaga tingkat kerugian yang disebabkan oleh to maintain the loss rate caused by movement in
pergerakan pada nilai pasar tidak melebihi market value do not not exceed the specified
kisaran yang telah ditetapkan. range.
Entitas Anak memiliki giro pada bank lain dan The Subsidiaries has current accounts in other
pinjaman yang diterima dalam mata uang asing. banks and borrowings which are denominated in
Entitas Anak telah memiliki transaksi derivatif foreign currencies. Subsidiaries has derivative
untuk memitigasi risiko nilai tukar terhadap aset transactions to mitigate foreign currency risks on
dan liabilitas tersebut. such assets and liabilities.
211
Page 622
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(i) Risiko mata uang asing (lanjutan) (i) Foreign currency risk (continued)
Posisi Devisa Neto Net Open Position
Posisi Devisa Neto diungkapkan pada Catatan Net Open Position was disclosed in Note 52.
52.
Sensitivitas Bank terhadap mata uang asing The Bank’s sensitivity to foreign currency is
diperhitungkan dengan menggunakan calculated using net difference between assets
informasi selisih bersih aset dan liabilitas dalam and liabilities in the statement of financial position
laporan posisi keuangan untuk setiap mata for each foreign currency and the net difference of
uang asing dan selisih bersih tagihan dan receivables and commitments and contingent
kewajiban komitmen dan kontinjensi dalam liabilities in the off-balance sheet accounts for
rekening administratif untuk setiap mata uang each foreign currency information.
asing.
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Bank (linier) pada tanggal Bank’s net income (linear) to movement of foreign
31 Desember 2024 dan 2023 atas perubahan exchange rates as of 31 December 2024 and
nilai tukar mata uang asing yaitu: 2023:
Menambah (mengurangi)
laba bersih/
Increase (decrease) net income
2024 2023
lIDR melemah 1% (3,029) (972) IDR weakening by 1%
lIDR menguat 1% 3,029) 972) IDR strengthening by 1%
Proyeksi di atas mengasumsikan bahwa The above projection assumes that foreign
perubahan nilai tukar mata uang asing exchange rates move by the same amount and,
bergerak pada jumlah yang sama sehingga therefore, do not reflect the potential impact on
tidak mencerminkan perubahan potensial profit of some rates changing while others remain
kepada laba atas perubahan beberapa nilai unchanged. The projections also assume that all
tukar mata uang asing sementara lainnya tidak other variables are held constant and are based
berubah. Proyeksi juga mengasumsikan on a constant reporting date position and that all
bahwa seluruh variabel lainnya adalah konstan positions run to maturity.
dan berdasarkan tanggal pelaporan yang
konstan serta seluruh posisi berjalan hingga
jatuh tempo.
(ii) Risiko suku bunga (ii) Interest rate risk
Pendapatan Bank yang berasal dari kegiatan The Bank’s income from conventional activities
konvensional merupakan selisih antara bunga are derived from the difference between the
yang dihasilkan dari sisi aset dengan bunga interest generated on the asset side and the
yang dibayarkan kepada dana pihak ketiga. interest paid to third party funds. If not
Perubahan tingkat bunga jika tidak diantisipasi anticipated, changes in interest rates can result in
dapat menyebabkan penurunan pendapatan a decrease in the Bank’s income.
Bank.
Risiko suku bunga berdampak pada fluktuasi Interest rate risk has an effect to future cash flows
arus kas di masa mendatang baik pada aset fluctuation of both assets and liabilities. It can
maupun liabilitas. Hal ini dapat mempengaruhi affect the Bank’s interest income and fair value of
pendapatan bunga Bank maupun nilai wajar the financial instruments.
dari instrumen keuangan yang dimiliki Bank.
Bisnis utama Entitas Anak adalah memberikan The Subsidiary’s main business is to provide
pembiayaan dengan akad murabahah. financing with murabahah contracts. The
Pendapatan marjin murabahah dipengaruhi murabahah margin income is affected by the
oleh harga pembiayaan atau suku bunga di financing price or interest rate in the conventional
pasar konvensional. market.
212
Page 623
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko suku bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko suku bunga Interest rate risk management
Kebijakan yang dijalankan Grup dalam Policies adopted by the Group in managing its
pengendalian terhadap risiko suku bunga interest rate risk include:
mencakup:
- Memantau limit risiko suku bunga. - Monitoring of interest rate risk limit.
- Mengelola risiko suku bunga sesuai - Managing interest rate risk in accordance
regulasi terkait dan kebijakan internal with relevant regulations and Bank's internal
Bank. policies.
- Melakukan simulasi perhitungan - Conduct simulation of net margin income
pendapatan marjin bersih terhadap semua calculation toward all possible market interest
kemungkinan perubahan tingkat suku rate changes.
bunga di pasar.
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko financial instruments of the Group to interest rate
tingkat suku bunga. risks.
31 Desember/December 2024
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 > 6 -12 > 12 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months months months month Months months months months bearing Total
Aset Assets
Kas - - - - - - - - - - 1,379,647 1,379,647 Cash
Current
accounts
Giro pada Bank with Bank
Indonesia - - - - - 9,443,461 - - - - - 9,443,461 Indonesia
Current
accounts
Giro pada bank- with other
bank lain - - - - - 1,035,001 - - - - - 1,035,001 banks
Penempatan
pada Bank Placements with
Indonesia Bank
dan bank- Indonesia and
bank lain - - - - - 12,633,257 61,000 1,481 12,695,738 other banks
Efek-efek - - - - - 1,711,958 9,021,201 7,720,428 5,304,144 4,258,650 158,569 28,174,950 Securities
Efek-efek yang Securities
dibeli dengan purchased
janji dijual under resale
kembali agreements
(reverse repo) - - - - - 468,188 - - - - 594 468,782 (reverse repo)
Tagihan Derivative
derivatif - - - - - - - - - - 1,748,125 1,748,125 receivables
Tagihan Acceptance
akseptasi - - - - - - - - - - 3,334,619 3,334,619 receivables
Pinjaman yang
diberikan dan Loans and
pembiayaan/ sharia
piutang financing/
syariah 39,147,541 21,601,344 7,592,649 - - 24,740,723 10,112,546 6,928,763 13,916,817 24,652,311 2,041,636 150,734,330 receivables
Piutang Financing
pembiayaan - - - - - 1,030,518 2,163,173 3,187,115 5,969,631 17,082,185 - 29,432,622 receivables
Penyertaan Investment in
saham - - - - - - - - - - 75,285 75,285 shares
Aset lain-lain - - - - - - - - - - 626,819 626,819 Other assets
Jumlah aset
keuangan,
sebelum Total financial
cadangan assets before
kerugian allowance for
penurunan impairment
nilai 39,147,541 21,601,344 7,592,649 - - 51,063,106 21,357,920 17,836,306 25,190,592 45,993,146 9,366,775 239,149,379 losses
Liabilitas Liabilities
Obligations due
Liabilitas segera - - - - - - - - - - (48,898) (48,898) immediately
Simpanan dari Deposits from
nasabah - - - - - (92,863,783) (12,821,569) (3,355,464) (2,653,627) (24,016) (267,398) (111,985,857) customers
Simpanan dari
bank-bank Deposits from
lain - - - - - (754,714) (3,000) - - - - (757,714) other banks
Liabilitas Derivative
derivatif - - - - - - - - - - (1,558,841) (1,558,841) payables
Liabilitas Acceptance
akseptasi - - - - - - - - - - (3,162,381) (3,162,381) payables
Surat berharga
yang Securities
diterbitkan - - - - - - - - (254,689) (2,685,235) (21,117) (2,961,041) issued
Pinjaman yang
diterima (22,648,059) (20,731,362) - (2,713,237) - (1,589,492) (269,235) - (394,152) (1,068,348) (244,342) (49,658,227) Borrowings
Pinjaman Subordinated
subordinasi - (3,219,000) - - - - - - - - (10,069) (3,229,069) loans
Liabilitas sewa - - - - - - - - - - (335,275) (335,275) Lease liabilities
Liabilitas lain-
lain - - - - - - - - - - (647,755) (647,755) Other liabilities
Jumlah liabilitas Total financial
keuangan (22,648,059) (23,950,362) - (2,713,237) - (95,207,989) (13,093,804) (3,355,464) (3,302,468) (3,777,599) (6,296,076) (174,345,058) liabilities
Jumlah gap
repricing 16,499,482 (2,349,018) 7,592,649 (2,713,237) (44,144,883) 8,264,116 14,480,842 21,888,124 42,215,547 3,070,699 64,804,321 Total interest
-
suku bunga repricing gap
213
Page 624
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan eksposur The tables below summarise the exposures of
instrumen keuangan Grup terhadap risiko financial instruments of the Group to interest rate
tingkat suku bunga (lanjutan). risks (continued).
31 Desember/December 2023
Suku bunga mengambang/Floating rate Bunga tetap/Fixed rate
Tidak
dikenakan
bunga/
>3-6 >3-6 > 6 - 12 Non-
≤ 1 bulan/ 1 - 3 bulan/ bulan/ ≤ 1 bulan/ 1 - 3 bulan/ bulan/ bulan/ > 12 bulan/ interest Jumlah/
month months months month months months months months bearing Total
Aset Assets
Kas - - - - - - - - 1,428,683 1,428,683 Cash
Current accounts
Giro pada Bank with Bank
Indonesia - - - 9,276,598 - - - - - 9,276,598 Indonesia
Giro pada bank- Current accounts
bank lain - - - 962,387 - - - - - 962,387 with other banks
Penempatan
pada Bank Placements with
Indonesia dan Bank Indonesia
bank-bank lain - - - 8,853,154 108,500 - - - 2,624 8,964,278 and other banks
Efek-efek - - - 3,687,758 5,192,893 1,098,198 1,557,689 5,577,475 150,343 17,264,356 Securities
Derivative
Tagihan derivatif - - - - - - - - 1,133,149 1,133,149 receivables
Tagihan Acceptance
akseptasi - - - - - - - - 3,289,757 3,289,757 receivables
Pinjaman yang
diberikan dan
pembiayaan/ Loans and sharia
piutang financing/
syariah 48,638,687 27,012,683 5,437,501 18,518,832 4,973,021 6,602,727 13,944,202 28,833,876 3,697,564 157,659,093 receivables
Penyertaan Investment in
saham - - - - - - - - 102,586 102,586 shares
Aset lain-lain - - - - - - - - 423,113 423,113 Other assets
Jumlah aset
keuangan,
sebelum Total financial
cadangan assets before
kerugian allowance for
penurunan nilai 48,638,687 27,012,683 5,437,501 41,298,729 10,274,414 7,700,925 15,501,891 34,411,351 10,227,819 200,504,000 impairment losses
Liabilitas Liabilities
Obligations due
Liabilitas segera - - - - - - - - (71,606) (71,606) immediately
Simpanan dari Deposits from
nasabah - - - (85,087,550) (9,139,063) (2,185,498) (1,760,395) (105,250) (179,647) (98,457,403) customers
Simpanan dari Deposits from
bank-bank lain - - - (8,943,983) (1,870,655) - - - (7,483) (10,822,121) other banks
Liabilitas derivatif - - - - - - - - (1,072,104) (1,072,104) Derivative payables
Liabilitas Acceptance
akseptasi - - - - - - - - (2,323,633) (2,323,633) payables
Surat berharga
yang
diterbitkan - - - - - - (200,569) - (1,514) (202,083) Securities issued
Pinjaman yang
diterima (13,642,758) (15,503,211) - - - - (697,515) (1,361,013) (151,020) (31,355,517) Borrowings
Pinjaman
subordinasi - (3,079,400) - - - - - - (10,960) (3,090,360) Subordinated loans
Liabilitas sewa - - - - - - - - (353,990) (353,990) Lease liabilities
Liabilitas lain-lain - - - - - - - - (505,982) (505,982) Other liabilities
Jumlah liabilitas Total financial
keuangan (13,642,758) (18,582,611) - (94,031,533) (11,009,718) (2,185,498) (2,658,479) (1,466,263) (4,677,939) (148,254,799) liabilities
Jumlah gap
repricing suku Total interest
34,995,929 8,430,072 5,437,501 (52,732,804) (735,304) 5,515,427 12,843,412 32,945,088 5,549,880 52,249,201
bunga repricing gap
214
Page 625
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
(ii) Risiko tingkat bunga (lanjutan) (ii) Interest rate risk (continued)
Manajemen risiko tingkat bunga (lanjutan) Interest rate risk management (continued)
Tabel di bawah ini mengikhtisarkan sensitivitas The table below shows the sensitivity of the
laba bersih Grup selama tahun-tahun yang Group’s net profit during the years ended 31
berakhir pada tanggal 31 Desember 2024 dan December 2024 and 2023 due to an increase or
2023 atas kenaikan atau penurunan tingkat decrease in market interest rates, assuming no
suku bunga pasar, dengan asumsi bahwa tidak assymetrical movement in yield curves:
ada pergerakan asimetris di kurva imbal hasil:
(Penurunan) peningkatan
laba bersih/
(Decrease) increase net profit
2024 2023
Peningkatan 100 bps 147,093) 22,945) Increased by 100 bps
Penurunan 100 bps (156,877) (32,651) Decreased by 100 bps
Manajemen Risiko Permodalan Capital Risk Management
Modal regulasi Regulatory capital
Tujuan manajemen permodalan Grup adalah untuk The Group capital management objectives is to
mempertahankan posisi modal yang kuat untuk maintain a strong capital position to support business
mendukung pertumbuhan bisnis dan growth and to sustain investors, depositors,
mempertahankan investor, deposan, pelanggan dan customers and market confidence. In managing its
kepercayaan pasar. Dalam pengelolaan capital, the Group considers factors such as:
permodalan, Grup mempertimbangkan faktor-faktor providing optimal capital rate of return to
seperti: pengembalian modal yang optimal pada shareholders and maintaining a balance between
pemegang saham, menjaga keseimbangan antara high return gearing ratio and safety provided by a
keuntungan yang lebih tinggi dengan gearing ratio sound capital position.
serta keamanan yang diberikan oleh posisi modal
yang sehat.
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under the
OJK yang berlaku diungkapkan pada Catatan 52. prevailing OJK regulation was disclosed in Note 52.
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
Untuk aset dan liabilitas keuangan yang diukur For financial assets and liabilities measured at fair
menggunakan nilai wajar, berikut ini adalah hirarki value, the following is the hierarchy of the fair values:
nilai wajar:
a. Level 1 a. Level 1
Harga kuotasian (tidak disesuaikan) dalam Quoted prices (unadjusted) in active markets for
pasar aktif untuk aset atau liabilitas yang identical assets or liabilities;
identik;
b. Level 2 b. Level 2
Input selain harga kuotasian yang termasuk Inputs other than quoted prices included within
dalam level 1 yang dapat diobservasi untuk aset level 1 that are observable for the assets or
atau liabilitas, baik secara langsung (misalnya liabilities, either directly (that is as prices) or
harga) maupun tidak langsung (misalnya indirectly (that is derived from prices); and
turunan harga); dan
c. Level 3 c. Level 3
Input untuk aset atau liabilitas yang bukan Inputs for the assets or liabilities that are not
berdasarkan data pasar yang dapat diobservasi based on observable market data (unobservable
(input yang tidak dapat diobservasi). inputs).
215
Page 626
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Tabel berikut menyajikan aset dan liabilitas The tables below show the Group’s financial assets
keuangan Grup yang diukur sebesar nilai wajar and liabilities that were measured at fair value as of
pada tanggal 31 Desember 2024 dan 2023: 31 December 2024 and 2023:
31 Desember/December 2024
Nilai tercatat/
Carrying Nilai wajar/
value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 18,380,770 395,343 17,985,427 - 18,380,770 Securities
Tagihan derivatif 1,748,125 - 1,748,125 - 1,748,125 Derivative receivables
Penyertaan saham 75,285 - 52,763 22,522 75,285 Investment in shares
20,204,180 395,343 19,786,315 22,522 20,204,180
Liabilitas Liabilities
Liabilitas derivatif 1,558,841 - 1,558,841 - 1,558,841 Derivative payables
31 Desember/December 2023
Nilai tercatat/
Carrying Nilai wajar/
Value Level 1 Level 2 Level 3 Fair value
Aset Assets
Efek-efek 7,817,003) 205,183) 7,611,820) -) 7,817,003) Securities
Tagihan derivatif 1,133,149) -) 1,133,149) -) 1,133,149) Derivative receivables
Penyertaan saham 102,586) -) 80,064) 22,522) 102,586) Investment in shares
9,052,738) 205,183) 8,825,033) 22,522) 9,052,738)
Liabilitas Liabilities
Liabilitas derivatif 1,072,104) -) 1,072,104) -) 1,072,104) Derivative payables
Tabel di bawah ini menggambarkan nilai tercatat The table below summarizes the carrying amounts
dan nilai wajar dari instrumen keuangan yang tidak and fair values of those financial instruments not
disajikan pada nilai wajarnya: stated at their fair values:
31 Desember/ 31 Desember/
December 2024 December 2023
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
value Fair value value Fair value
Aset Assets
Current accounts with
Giro pada Bank Indonesia 9,443,461 9,443,461 9,276,598) 9,276,598) Bank Indonesia
Current accounts with other
Giro pada bank-bank lain 1,034,964 1,034,964 962,229) 962,229) banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank-bank lain 12,695,156 12,695,156 8,964,278) 8,964,278) and other banks
Efek-efek 9,793,587 9,768,942 9,446,554) 9,461,043) Securities
Efek-efek yang dibeli dengan Securities purchased
janji dijual kembali under resale agreements
(reverse repo) 468,782 468,782 - - (reverse repo)
Tagihan akseptasi 3,317,541 3,317,541 3,281,120) 3,281,120) Acceptance receivables
Pinjaman yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah 146,811,650 149,852,324 153,041,046) 157,244,639) receivables
Piutang pembiayaan 27,461,692 26,665,381 - - Financing receivables
Aset lain-lain 576,104 557,870 423,113) 423,113) Other assets
Liabilitas Liabilities
Liabilitas segera 48,898 48,898 71,606) 71,606) Obligation due immediately
Bagi hasil yang Undistributed revenue
belum dibagikan 18,825 18,825 21,951) 21,951) sharing
Simpanan nasabah 111,985,857 111,985,857 98,457,403) 98,457,403) Deposits from customers
Simpanan dari bank-bank lain 757,714 757,714 10,822,121) 10,822,121) Deposits from other banks
Liabilitas akseptasi 3,162,381 3,162,381 2,323,633) 2,323,633) Acceptance payables
Efek-efek yang diterbitkan 2,961,041 2,951,567 202,083) 204,635) Securities issued
Pinjaman yang diterima 49,658,227 49,575,074 31,355,517) 31,388,521) Borrowings
Liabilitas lain-lain 647,755 647,755 505,982) 505,982) Other liabilities
216
Page 627
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Estimasi nilai wajar instrumen keuangan Fair value estimation of financial instruments
(lanjutan) (continued)
Nilai wajar dari efek-efek yang memiliki jatuh tempo The fair value for securities, which maturity date is
lebih dari 1 tahun diestimasi menggunakan nilai more than 1 year, are estimated using the last quoted
kuotasi pasar terakhir (level 2 - hirarki nilai wajar). market price (level 2 - fair value hierarchy).
Estimasi nilai wajar dari pinjaman yang diberikan The estimated fair value of loans represents the
mencerminkan jumlah diskonto dari estimasi kini discounted amount of estimated future cash flows
dari arus kas masa depan yang diharapkan akan expected to be received. Estimated cash flows are
diterima. Arus kas masa depan yang diharapkan discounted at current market rates to determine fair
didiskontokan pada tingkat suku bunga pasar terkini value (level 3 - fair value hierarchy).
untuk menentukan nilai wajar (level 3 - hirarki nilai
wajar).
Nilai tercatat dari pembiayaan syariah merupakan Carrying value of sharia financing approximates the
perkiraan yang layak atas nilai wajar dikarenakan estimates fair value since sharia financing have short-
pinjaman tersebut memiliki tenor jangka pendek. term tenure.
Nilai wajar surat utang jangka menengah dihitung The fair value of medium term notes was calculated
menggunakan teknik penilaian berdasarkan model using valuation technique based on the Bank’s
internal Bank yaitu model penilaian diskonto arus internal model which is discounted cash flow
kas. Input dalam teknik penilaian termasuk arus kas valuation model. Inputs into the valuation technique
yang akan diterima di masa datang dan suku bunga include expected future cash flows and interest rates
pasar (level 2 - hirarki nilai wajar). (level 2 - fair value hierarchy).
Nilai wajar utang obligasi diestimasi menggunakan The fair value of bonds payable is estimated by using
nilai kuotasi pasar terakhir (level 2 - hirarki nilai the last quoted market price (level 2 - fair value
wajar). hierarchy).
Nilai wajar dari pinjaman yang diterima dinilai The fair value of borrowings is estimated by using
dengan menggunakan diskonto arus kas discounted cash flows applying the effective interest
berdasarkan tingkat suku bunga efektif yang rate charged by the lender for the last utilization of
dikenakan pada pinjaman terakhir yang digunakan borrowings (level 2 - fair value hierarchy).
(level 2 - hirarki nilai wajar).
Nilai tercatat aset keuangan dan liabilitas keuangan The carrying amount of remaining financial assets
lainnya mendekati nilai wajarnya karena instrumen and financial liabilities are reasonable approximation
keuangan bersifat jangka pendek atau yang ditinjau of fair value because they are short term in nature or
ulang menggunakan harga pasar secara berkala. re-price to current market rates frequently.
Perhitungan nilai wajar dilakukan hanya untuk The fair values calculated are for disclosure purposes
kepentingan pengungkapan dan tidak berdampak only and do not have any impact on the Group’s
pada pelaporan posisi atau kinerja keuangan Grup. reported financial performance or position. The fair
Nilai wajar yang dihitung oleh Grup mungkin values calculated by the Group may be different from
berbeda dengan jumlah aktual yang akan the actual amount that will be received/paid on the
diterima/dibayar pada saat penyelesaian atau jatuh settlement or maturity of the financial instruments. As
tempo instrumen keuangan. Mengingat kategori certain categories of financial instruments are not
tertentu instrumen keuangan yang tidak traded, there is management’s judgment involved in
diperdagangkan, maka terdapat pertimbangan calculating the fair values.
manajemen dalam perhitungan nilai wajar.
217
Page 628
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional Operational risk
Risiko operasional didefinisikan sebagai risiko Operational risk is defined as the risks of loss
akibat ketidakcukupan atau tidak berfungsinya resulting from inadequate or failed internal
proses internal, kesalahan manusia, kegagalan processes, people, systems failure or external events
sistem, atau adanya kejadian-kejadian eksternal that impacted to the Bank’s operational activities.
yang mempengaruhi aktivitas operasional Bank.
Tata Kelola Pengelolaan Risiko Operasional Operational Risk Management Governance
Dewan Komisaris dan Direksi melakukan The Board of Commissioners and the Board of
pengawasan secara aktif terhadap Manajemen Directors actively supervise operational risk
Risiko Operasional melalui Komite Pemantau Risiko management through the Risk Monitoring Committee
dan Komite Manajemen Risiko yang dilakukan and the Risk Management Committee that conducted
secara berkala sesuai terms of reference masing- periodically in accordance with terms of reference to
masing untuk membahas risiko operasional. discuss operational risks.
Satuan Kerja Operational & Fraud Risk The Operational & Fraud Risk Management (OFRM)
Management (OFRM) memiliki tanggung jawab Unit has direct responsibility to the Head of Risk
secara langsung kepada Kepala Manajemen Risiko, Management, for operational and fraud risk
atas manajemen risiko operasional dan fraud. Bank management. Bank had formulated and determined
telah merumuskan dan menetapkan profil dan the profile and level of operational risk sufficiently to
tingkat risiko operasional secara memadai agar be in line with overall business goals and strategies
sejalan dengan sasaran dan strategi bisnis Bank of the Bank. Monitoring the operational risk level and
secara keseluruhan. Pemantauan tingkat dan profil profile is carried out by determining Non Financial
risiko operasional dilakukan melalui penetapan Non Risk (NFR) Appetite and creating Key Risk Indicators
Financial Risk (NFR) Appetite dan pembuatan as part of the operational risk management
perangkat Key Risk Indicator yang menjadi bagian framework.
dalam kerangka kerja manajemen risiko
operasional.
Kecukupan Kebijakan, Prosedur, dan Penetapan Adequacy of Policies, Procedures, and
Limit Determination of Limits
Satuan kerja OFRM bertanggung jawab dalam The OFRM is responsible for the formulation and
pembuatan serta pengembangan kebijakan dan development of ORM (Operational Risk
prosedur ORM (Operational Risk Management), Management) policies and procedures, BCM
BCM (Business Continuity Management), Fungsi (Business Continuity Management), ICR (Internal
ICR (Internal Control & Risk) dan FRM (Fraud Risk Control & Risk) Function and FRM (Fraud Risk
Management) yang kemudian akan dikaji ulang Management) which will then be reviewed
secara berkala, dengan mempertimbangkan setiap periodically, with to consider significant changes,
perubahan signifikan, baik secara internal maupun both internally and externally.
eksternal.
Setiap unit kerja wajib berpedoman kepada Each work unit must be guided by the policies and
kebijakan dan prosedur yang dibuat oleh Satuan procedures made by the OFRM Work Unit in carrying
Kerja OFRM dalam menjalankan aktivitas bisnis dan out its daily business and operational activities. In
operasionalnya sehari-hari. Selain itu, Bank juga addition, the Bank also has a control system and
telah memiliki sistem dan metode pengendalian method to carry out every business and operational
untuk menjalankan setiap aktivitas bisnis dan activity, such as dual control, separation of duties,
operasional, seperti dual control, pemisahan tugas, determination of limits and authorities,
penetapan limit dan wewenang, pelaksanaan cuti implementation of mandatory annual leave,
wajib tahunan, proses rekonsiliasi dan lainnya. reconciliation process and others.
218
Page 629
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Kecukupan Proses Manajemen Risiko Adequacy of Operational Risk Management
Operasional Process
Proses manajemen risiko operasional yang The process of operational risk management
mencakup identifikasi, pengukuran, pemantauan including identification, measurement, monitoring
dan pengendalian risiko berjalan secara terstruktur and risk control runs in a structured and consistent
dan konsisten. Proses Manajemen Risiko manner. The Operational Risk Management process
Operasional di Bank diterapkan berdasarkan praktik in Bank implemented based on effective best
terbaik yang efektif. practices.
Tahapan proses manajemen risiko operasional yang The operational risk management process which
mencakup identifikasi, pengukuran, pemantauan include identification, measurement, monitoring and
dan pengendalian atas risiko operasional adalah control of operational risk are describe as follows:
sebagai berikut:
1. Tahapan identifikasi risiko operasional meliputi 1. The operational risk identification stage include
penyusunan Process Risk Control (PRC), Risk the preparation of Process Risk Control (PRC),
Grading Matrix (RGM), kajian Risiko Risk Grading Matrix (RGM), operational risk
operasional dan fraud yang dilakukan atas and fraud studies conducted on all processes,
seluruh proses, produk, layanan, sistem, products, services, systems, initiatives and new
inisiatif dan struktur organisasi baru ataupun organizational structures or changes),
perubahannya), Penetapan parameter Key Risk determination of Key Risk Indicator (KRI)
Indicator (KRI) dan pelaporan Risk Acceptance parameters and reporting of Risk Acceptance
(RA). (RA).
2. Tahapan Proses pengukuran risiko operasional 2. The operational risk measurement process
meliputi analisa kejadian dan kerugian risiko stage includes analysis of operational risk
operasional, kegiatan penilaian mandiri (self- events and losses, periodic self-assessment
assessment) secara berkala melalui Key activities through Key Control Self Assessment
Control Self Assessment (KCSA), pelaksanaan (KCSA), implementation of Control & Risk (ICR)
aktivitas Control & Risk (ICR), penetapan activities, determination of KRI thresholds and
ambang batas KRI dan penetapan Non determination of Non Financial Risk (NFR)
Financial Risk (NFR) Appetite yang dilaporkan Appetite which is reported regularly in the Risk
secara berkala dalam rapat Komite Manajemen Management Committee (KMR) meeting.
Risiko (KMR).
3. Tahapan Pemantauan risiko operasional 3. The operational risk monitoring stage is carried
dilakukan melalui pelaporan internal kepada out through internal reporting to senior
manajemen senior dan kepada pihak eksternal management and to external regulators and
regulator dan pihal terkait lainnya, baik secara other relevant parties, either regularly or ad-
rutin ataupun ad-hoc. Pada tahapan ini juga hoc. This stage also regulates the process of
mengatur proses pelaporan kejadian dengan reporting events with significant categories
kategori signifikan melalui SINP (Significant through SINP (Significant Incident Notification
Incident Notification Protocol). Protocol).
219
Page 630
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Kecukupan Proses Manajemen Risiko Adequacy of Operational Risk Management
Operasional (lanjutan) Process (continued)
Tahapan proses manajemen risiko operasional yang The operational risk management process which
mencakup identifikasi, pengukuran, pemantauan include identification, measurement, monitoring and
dan pengendalian atas risiko operasional adalah control of operational risk are describe as follows:
sebagai berikut: (lanjutan) (continued)
4. Tahapan Pengendalian risiko operasional 4. Operational risk control stage include the
meliputi ketersediaan kebijakan dan prosedur availability of policies and procedures in
dalam menjalankan seluruh proses dan carrying out all processes and activities,
aktivitas, penyelesaian tindak lanjut yang effective follow-up resolution of every risk event
efektif atas setiap kejadian risiko atau or operational risk issues, the availability of
permasalahan risiko operasional, ketersediaan adequate insurance program to minimize the
program asuransi yang mencukupi untuk impact of Bank losses, the availability of
meminimalkan dampak kerugian bagi Bank, Framework and tools for the implementation of
ketersediaan kerangka kerja dan perangkat comprehensive Business Continuity
untuk penerapan Manajemen Kelangsungan Management (BCM) and the availability of
Bisnis (BCM) yang komprehensif serta meeting forums and training required for the
ketersediaan forum pertermuan dan pelatihan implementation of the Bank's operational risk
yang diperlukan untuk penerapan manajemen management.
risiko operasional Bank.
Penyediaan aplikasi Internal Control & Risk System The existence of the Internal Control & Risk System
(ICRS) adalah sebagai database di dalam (ICRS) application serves as database in the
penerapan manajemen risiko operasional dan fraud implementation of operational and fraud risk
dan sekaligus diharapkan agar dapat menyajikan management and at the same time is expected to be
kebutuhan informasi secara akurat, tepat waktu dan able to present information needs in an accurate,
terkini untuk memudahkan analisis dan pengambilan timely and up-to-date manner to facilitate analysis
keputusan. and decision making.
Perhitungan Kewajiban Penyediaan Modal The calculation of the Capital Adequacy Assessment
Minimum (KPMM) untuk risiko operasional Process (ICAAP) for operational risk carried out by
senantiasa dilakukan oleh Bank menggunakan the Bank has used standardized approach and
pendekatan standar (standardized approach) yang comply with regulatory requirements.
proses dan pelaporannya mengacu kepada
ketentuan OJK.
Bank dan Entitas Anak telah memiliki pedoman The Bank and its Subsidiaries already have
pengelolaan kelangsungan usaha yang comprehensive business continuity management
komprehensif dan mengacu kepada standar industri guidelines which refer to the ISO 22301 industry
ISO 22301, dengan tujuan untuk mengantisipasi standard, with the aim of anticipating operational
potensi risiko operasional yang dapat terjadi dari risks that may occur from extreme/critical situations
situasi ekstrem/kritikal baik yang disebabkan oleh either caused by natural disasters such as floods,
faktor bencana alam seperti banjir, gempa bumi, dan earthquakes and volcaic eruptions or other factors
gunung meletus maupun faktor lainnya seperti such as demonstration, fires, disruptions to the
demonstrasi, kebakaran, gangguan sistem pasokan power supply system, pandemic and unfavorable
listrik, pandemi serta situasi bisnis yang kurang business situations. This is to ensure continuity of
menguntungkan. Hal ini untuk memastikan service to customers.
keberlangsungan layanan kepada nasabah.
220
Page 631
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Sistem Pengendalian Internal atas Risiko Internal Control System for Operational Risk
Operasional
Sistem pengendalian internal atas risiko operasional Internal control system for operational risk is carried
dilakukan melalui penerapan model 3 (tiga) lini out through the implementation of three lines of
pertahanan (three lines of defense). Pada lini defense models. In the first line of defense, the Risk
pertahanan pertama, Risk Taking Unit (RTU) Taking Unit (RTU) assisted by Business Risk/ICR in
dibantu oleh Business Risk/ICR dalam pengelolaan carried out day-to-day operational risk management.
risiko operasional sehari hari. Pada lini pertahanan In the second line of defense, the OFRM work unit is
kedua, satuan kerja OFRM bertugas untuk overseeing the implementation of risk management
mengawasi pelaksanaan proses manajemen risiko process in accordance with stipulated policy.
sesuai dengan kebijakan yang ditetapkan.
Pada lini pertahanan ketiga, Internal Audit secara In the third line of defence, Internal Audit
independen melakukan pemeriksaan dan evaluasi independently examines and evaluates the
terhadap tata kelola dan efektivitas manajemen governance and effectiveness of operational risk
risiko operasional. management.
Penyelarasan kerja antara pihak-pihak bertanggung Alignment process between the parties responsible
jawab atas praktik pengendalian internal Bank for Bank’s internal control practices is carried out on
dilakukan secara berkelanjutan melalui ICR MSA an ongoing basis through a standardized ICR MSA
(Maturity Self-Assessment) yang terstandardisasi (Maturity Self-Assessment) matrix and forums
dan forum-forum yang diselenggarakan oleh satuan organized by the OFRM work unit to facilitate the
kerja OFRM untuk memfasilitasi Fungsi Internal Internal Control & Risk Function.
Control & Risk.
Manajemen Risiko Fraud Fraud Risk Management
Bank menerapkan zero tolerance terhadap setiap The Bank has no tolerance to any fraud incident.
kejadian fraud. Bank senantiasa menindaklanjuti Bank always follows up on every fraud incident
setiap kejadian fraud termasuk memberikan sanksi including providing sanctions to employees who
kepada karyawan yang melakukan maupun yang commit or are involved in fraud incidents as per
terlibat dalam kejadian fraud sesuai dengan prevailing regulations including reporting to the
ketentuan yang berlaku termasuk melakukan authorities (if necessary).
pelaporan kepada pihak yang berwajib (bila
diperlukan).
Bank telah memiliki kebijakan dan prosedur strategi Bank has adequate policies and procedures of anti
anti fraud yang memadai dan senantiasa fraud strategies which are continuously improvised.
disempurnakan secara berkesinambungan. Fraud risk management is systematically handled
Pengelolaan risiko fraud dilakukan secara sistematis through a series of process and strategy.
melalui sejumlah proses dan strategi.
Terkait dengan proses pencegahan risiko fraud, In relation to fraud risk prevention process, the Bank
Bank telah menjalankan program anti fraud has implemented anti fraud awareness program for
awareness untuk seluruh karyawan dan all employees and the signing of Anti Fraud & Code
penandatanganan pakta integritas anti fraud dan of Ethics integrity pact by the Board of Directors,
kode etik yang dilakukan oleh Direksi, Dewan Board of Commissioners, and every Bank employee.
Komisaris, dan setiap pegawai bank. Penyesuaian Adjustments to policies and procedures for managing
terhadap kebijakan dan prosedur pengelolaan anti fraud strategies are carried out regularly to be in
strategi anti fraud dilakukan secara berkala line with current conditions. In addition, a fraud risk
sehingga tetap sesuai dengan kondisi terkini. Selain assessment is conducted on every process, product,
itu dilakukan kajian risiko fraud atas setiap proses, service, system and initiative both new and
produk, layanan, sistem dan inisiatif baik baru development.
maupun pengembangannya.
221
Page 632
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Manajemen Risiko Fraud (lanjutan) Fraud Risk Management (continued)
Sosialisasi anti fraud awareness dilakukan melalui Anti fraud socialization and awareness was carried
beberapa media, yaitu melalui e-newsletter out through several media, namely e-newsletters,
broadcast, email broadcast, wallpaper desktop email broadcasts, desktop PC/laptop wallpapers,
PC/laptop, SMBCI Info, penayangan video animasi SMBCI Info, anti fraud animation videos, anti fraud
anti fraud, mandatory anti-fraud e-learning, mandatory e-learning, in-class or virtual anti fraud
pelaksanaan anti-fraud awareness yang awareness training to employees. In addition, there
disampaikan secara in-class training maupun is whistleblowing channel provided by Bank for
pelatihan secara virtual kepada karyawan. Selain reporting indication of fraud.
itu, ada layanan whistleblowing di Bank yang dapat
digunakan untuk melaporkan kejadian berindikasi
fraud.
Bank juga memberikan berbagai berbagai Bank also provides various socialization programs to
sosialisasi untuk meningkatkan kesadaran fraud raise awareness of fraud to third parties, both
kepada pihak ketiga baik nasabah maupun vendor customers and vendors, including conducting virtual
termasuk melakukan pelatihan secara virtual perihal training on anti fraud awareness, cyber security
anti fraud awareness, cyber security risk awareness awareness and Entertainment & Gifts for vendors on
maupun Entertainment & Gift kepada vendor secara regular basis in supporting the Bank to maintaining
berkala untuk turut serta membantu Bank dalam good corporate governance.
menjaga tata kelola perusahaan yang baik.
Sejalan dengan strategi anti fraud yang berlaku, In line with the applicable anti fraud strategy, Bank
Bank juga secara berkelanjutan terus melakukan also continuously socialized the fraud reporting
sosialisasi pelaporan fraud melalui whistleblowing through whistleblowing channel for detecting fraud
channel sebagai salah satu media pendeteksian incident, which is regularly communicated to all
kejadian fraud, yang secara berkala employees through various internal Bank media.
dikomunikasikan kepada seluruh karyawan melalui Employees can disclose and report any violations
berbagai media internal Bank. Karyawan dapat (misconduct) through e-mail channels (Ayo Lapor),
mengungkap dan melaporkan setiap Tindakan Whatsapps, telephone, letters or face-to-face
pelanggaran (misconduct) melalui saluran e-mail meetings.
(Ayo Lapor), Whatsapps, telepon, surat maupun
pertemuan tatap muka.
Bank telah memiliki kebijakan yang memadai terkait The Bank has adequate policies regarding
proses investigasi dan pelaporan kejadian fraud. investigation process and reporting of fraud. For
Untuk setiap kasus fraud yang terbukti, proses each proven fraud case, the process of imposing
pemberian sanksi diputuskan oleh Komite Fraud sanctions is decided by Fraud Committee involving
dan melibatkan unit kerja terkait, Business Risk/ICR the relevant work units, related Business Risk/ICR,
terkait, satuan kerja Sumber Daya Manusia dan Human Resources and OFRM unit. The
OFRM. Implementasi keputusan Komite Fraud implementation of Fraud Committee’s decisions is
dipantau dan dievaluasi secara berkala untuk monitored and evaluated periodically to determine
menentukan upaya perbaikan di masa yang akan future improvement efforts.
datang.
222
Page 633
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
46. ASET DAN LIABILITAS DALAM MATA UANG 46. ASSETS AND LIABILITIES IN FOREIGN
ASING CURRENCIES
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: foreign currencies are as follows:
31 Desember/December
2024 2023
ASET ASSETS
Kas Cash
Dolar Amerika Serikat 25,378 54,843) United States Dollar
Yen Jepang 1,905 3,821) Japanese Yen
Dolar Singapura 1,351 602) Singapore Dollar
28,634 59,266)
Giro pada Bank Indonesia Current accounts with Bank Indonesia
Dolar Amerika Serikat 2,385,842 2,312,722) United States Dollar
Giro pada bank-bank lain Current accounts with other banks
Dolar Amerika Serikat 210,159 446,607) United States Dollar
Yen Jepang 202,300 153,105) Japanese Yen
Dolar Singapura 110,267 52,601) Singapore Dollar
Yuan China 49,087 10,012 China Yuan
Euro Eropa 42,530 62,471) European Euro
Dolar Australia 32,654 54,675) Australian Dollar
Poundsterling Inggris 31,681 42,308) British Poundsterling
Baht Thailand 18,460 18,448) Thailand Baht
Lain-lain 11,979 4,433) Others
709,117 844,660)
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain other banks
Dolar Amerika Serikat 3,975,465 5,897,051) United States Dollar
Efek-efek Securities
Dolar Amerika Serikat 954,708 958,932) United States Dollar
Tagihan akseptasi Acceptance receivables
Dolar Amerika Serikat 1,245,175 1,504,872) United States Dollar
Yuan China 71,087 1,161) China Yuan
Yen Jepang 46,558 - Japanese Yen
1,362,820 1,506,033)
Pinjaman yang diberikan Loans
Dolar Amerika Serikat 41,536,576 46,063,513) United States Dollar
Yen Jepang 454,642 606,229) Japanese Yen
Dolar Australia 134,080 - Australian Dollar
Euro Eropa 19,761 79,104) European Euro
42,145,059 46,748,846)
Penyertaan saham Investment in shares
Dolar Amerika Serikat 52,763 80,064) United States Dollar
Aset lain-lain Other assets
Dolar Amerika Serikat 209,233 298,151) United States Dollar
Yen Jepang 152 161) Japanese Yen
Euro Eropa - 230) European Euro
209,385 298,542)
Jumlah aset 51,823,793 58,706,116) Total assets
223
Page 634
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
46. ASET DAN LIABILITAS DALAM MATA UANG 46. ASSETS AND LIABILITIES IN FOREIGN
ASING (lanjutan) CURRENCIES (continued)
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: (lanjutan) foreign currencies are as follows: (continued)
31 Desember/December
2024 2023
LIABILITAS LIABILITIES
Liabilitas segera Liabilities due immediately
Dolar Amerika Serikat 1,042) 4,571) United States Dollar
Giro Current accounts
Dolar Amerika Serikat 7,386,936) 8,735,833) United States Dollar
Yen Jepang 1,565,974) 1,928,682) Japanese Yen
Euro Eropa 91,857) 98,942) European Euro
Dolar Singapura 20,672) 7,124) Singapore Dollar
Yuan China 11,885) -) China Yuan
Baht Thailand 8,167) 10,797) Thailand Baht
Lain-lain 3,851) 629) Others
9,089,342) 10,782,007)
Tabungan Savings deposits
Dolar Amerika Serikat 806,392) 543,438) United States Dollar
Yen Jepang 315,975) 215,605) Japanese Yen
Euro Eropa 104,366) 74,536) European Euro
Dolar Singapura 112,948) 72,622) Singapore Dollar
Lain-lain 144,363) 102,377) Others
1,484,044) 1,008,578)
Deposito berjangka dan deposito on call Time deposits and deposits on call
Dolar Amerika Serikat 11,227,605) 10,536,100) United States Dollar
Dolar Singapura 23,452) 54,295) Singapore Dollar
Yen Jepang 21,599) 420,523) Japanese Yen
11,272,656) 11,010,918)
Simpanan dari bank-bank lain Deposits from other banks
Dolar Amerika Serikat -) 9,238,200) United States Dollar
Liabilitas akseptasi Acceptance payables
Dolar Amerika Serikat 1,127,421) 538,748) United States Dollar
Yuan China 71,087) 1,161) China Yuan
Yen Jepang 46,558) -) Japanese Yen
1,245,066) 539,909)
Pinjaman yang diterima Borrowings
Dolar Amerika Serikat 36,987,035) 23,018,515) United States Dollar
Yen Jepang 4,126,803) -) Japanese Yen
Euro Eropa -) 170,383) European Euro
41,113,838) 23,188,898)
Pinjaman subordinasi Subordinated loans
Dolar Amerika Serikat 3,219,000) 3,079,400) United States Dollar
Liabilitas lain-lain Other liabilities
Dolar Amerika Serikat 242,336) 422,215) United States Dollar
Yen Jepang 1,019) 723) Japanese yen
Yuan China 282) 823) China Yuan
Lain-lain 185) 430) Others
243,822) 424,191)
Jumlah liabilitas 67,668,810) 59,276,672) Total liabilities
(Liabilitas) aset bersih (15,845,017) (570,556) Net (liabilities) assets
47. JAMINAN PEMERINTAH TERHADAP LIABILITAS 47. GOVERNMENT GUARANTEE ON OBLIGATIONS
PEMBAYARAN BANK UMUM OF COMMERCIAL BANKS
Jaminan pemerintah terhadap liabilitas pembayaran Government guarantee on obligations of commercial
bank umum diungkapkan pada Catatan 52. banks was disclosed in Note 52.
224
Page 635
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
48. KEJADIAN SETELAH TANGGAL PELAPORAN 48. SUBSEQUENT EVENTS AFTER REPORTING
DATE
Pada tanggal 28 Januari 2025, Bank telah On 28 January 2025, the Bank has repaid the
melakukan pembayaran pinjaman International borrowing to International Finance Corporation (IFC)
Finance Corporation (IFC) tahun 2019 sebesar year 2019 at amount of Rp 1,364,600, equivalent to
Rp 1.364.600, ekuivalen USD 100.000.000 (nilai USD 100,000,000 (full amount).
penuh).
Pada tanggal 31 Januari 2025, Bank telah On 31 January 2025, the Bank has repaid the
melakukan pembayaran pinjaman kepada SMBC borrowing to SMBC Singapore at amount of
Singapura sebesar USD 225.000.000 (nilai penuh), USD 225,000,000 (full amount), equivalent to
ekuivalen Rp 3.667.500. Rp 3,667,500.
49. STANDAR AKUNTANSI YANG DITERBITKAN 49. ISSUED BUT NOT YET EFFECTIVE ACCOUNTING
NAMUN BELUM BERLAKU EFEKTIF STANDARDS
Pernyataan Standar Akuntansi Keuangan (PSAK) The relevant Statements of Financial Accounting
relevan yang telah disahkan oleh Dewan Standar Standards (PSAK) issued by the Board of Financial
Akuntansi Keuangan (DSAK) namun belum berlaku Accounting Standards (DSAK) but not yet effective for
efektif untuk laporan keuangan konsolidasian untuk the consolidated financial statements for the year
tahun yang berakhir pada tanggal ended 31 December 2024 are as follows:
31 Desember 2024 adalah sebagai berikut:
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2025:
1 Januari 2025:
- Amandemen PSAK 221 “Pengaruh Perubahan - Amendments to PSAK 221 “The Effects of
Kurs Valuta Asing: Kekurangan Ketertukaran” Changes in Foreign Exchange Rates: Lack of
Exchangeability”
- PSAK 117 “Kontrak Asuransi” - PSAK 117 “Insurance Contract”
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2026:
1 Januari 2026:
- Amandemen PSAK 109 dan PSAK 107 - Amendments to PSAK 109 and PSAK 107
“Amandemen atas Klasifikasi dan Pengukuran “Amendments to the Classification and
Instrumen Keuangan” Measurement of Financial Instruments”
- Amandemen Tahunan 2024 “Amandemen - Annual Improvements 2024 “Amendments to
PSAK 107, PSAK 109, PSAK 110, dan PSAK PSAK 107, PSAK 109, PSAK 110, and PSAK 207”
207”
PSAK yang akan berlaku sejak tanggal PSAK that will become effective on 1 January 2026:
1 Januari 2027:
- PSAK 413 “Penurunan Nilai” - PSAK 413 “Impairment Losses”
Pada saat penerbitan laporan keuangan As at the authorization date of these consolidated
konsolidasian, Grup masih mengevaluasi dampak financial statements, the Group is still evaluating the
yang mungkin timbul dari penerapan standar baru potential impact of the new standard to the
tersebut serta pengaruhnya terhadap laporan consolidated financial statements.
keuangan konsolidasian.
50. REKONSILIASI UTANG BERSIH 50. NET DEBT RECONCILIATION
Pinjaman
Pinjaman yang Utang obligasi/ subordinasi/ Liabilitas
diterima/ Bonds Subordinated sewa/Lease Jumlah/
Borrowings payable loans liabilities Total
Utang bersih tanggal Net debt as of
1 Januari 2023 45,067,408) 201,648) 3,125,578) 425,887) 48,820,521) 1 January 2023
Arus kas (15,277,847) (15,578) (205,135) (116,558) (15,615,118) Cash flows
Perubahan lain*) 1,565,956) 16,013) 169,917) 44,661) 1,796,547) Other changes *)
Utang bersih tanggal Net debt as of
31 Desember 2023 31,355,517) 202,083) 3,090,360) 353,990) 35,001,950) 31 December 2023
Arus kas 3,887,259) 1,705,615) (270,587) (74,885) 5,247,402) Cash flows
Perubahan lain*) 14,415,451) 1,053,343) 409,296) 56,170) 15,934,260) Other changes *)
Utang bersih tanggal Net debt as of
31 Desember 2024 49,658,227) 2,961,041) 3,229,069) 335,275) 56,183,612) 31 December 2024
*) Perubahan lain termasuk pergerakan non-kas yang merupakan *) Other changes include non-cash movements which are effect of
dampak perubahan selisih kurs, amortisasi biaya transaksi, akrual exchange rate, amortization of transaction cost, accrued interest
beban bunga, dan penambahan dari akuisisi Entitas Anak. expenses and addition from acquisition of Subsidiaries.
225
Page 636
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
51. REKLASIFIKASI AKUN 51. RECLASSIFICATION OF ACCOUNTS
Beberapa akun dalam informasi komparatif telah Certain accounts in the comparative information have
direklasifikasi agar sesuai dengan penyajian laporan been reclassified to conform with the presentation of
laba rugi dan penghasilan komprehensif lain the consolidated statements of profit or loss and other
konsolidasian untuk tahun berakhir pada tanggal comprehensive income for the year ended
31 Desember 2024. 31 December 2024.
Tahun berakhir 31 Desember 2023/
Years ended 31 December 2023
Sebelum Setelah
reklasifikasi/ reklasifikasi/
Before Reklasifikasi/ After
reclassification Reclassifications reclassification
Laporan laba rugi dan penghasilan Consolidated statements of
komprehensif lain profit or loss and other
konsolidasian comprehensive income
Provisi dan komisi: Fee and commission:
Pendapatan provisi dan komisi -) 942,583) 942,583) Fee and commission income
Beban provisi dan komisi -) (381,700) (381,700) Fee and commission expense
Pendapatan operasional: Operating income:
Pendapatan operasional lainnya 1,423,949) (944,954) 478,995) Other operating income
Beban operasional: Operating expenses:
Beban umum dan administrasi (3,273,766) (31,195) (3,304,961) General and administrative expenses
Beban operasional lainnya (576,308) 415,266) (161,042) Other operating expenses
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA STANDARDS
Informasi tambahan berikut yang disajikan di bawah The
r following additional information presented below
ini merupakan informasi yang disyaratkan oleh ise information required by applicable regulations as
regulasi yang berlaku sesuai catatan 2b dan per Notes 2b and is not information required by
bukan/tidak merupakan informasi yang Indonesian Accounting Standards:
dipersyaratkan oleh Standar Akuntansi Indonesia:
a. Jaringan distribusi a. Distribution network
Jaringan distribusi Bank dan Entitas Anak pada The Bank and Subsidiaries distribution network
tanggal 31 Desember 2024 dan 2023 adalah as of 31 December 2024 and 2023 was as
sebagai berikut: follows:
31 Desember/December
2024 2023
Kantor Cabang 489 73 Branches
Kantor Cabang Pembantu 198 215 Sub-Branches
ATM dan TCR 231 228 ATM and TCR
Kantor Fungsional 32 45 Functional Branches
950 561
226
Page 637
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
b. Aset keuangan berdasarkan kolektabilitas b. Financial assets based on OJK collectablity
OJK
Tabel di bawah ini menggambarkan nilai The table below summarizes the carrying
tercatat (sebelum cadangan kerugian amounts (before allowance for impairment
penurunan nilai) dari aset keuangan losses) of financial assets based on OJK
berdasarkan kolektabilitas OJK: collectability:
31 Desember/December 2024
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Current accounts
Giro pada Bank with Bank
Indonesia Indonesia
(Catatan 5) 9,443,461 - - - - 9,443,461 (Note 5)
Current accounts
Giro pada bank-bank with other banks
lain (Catatan 6) 1,035,001 - - - - 1,035,001 (Note 6)
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain and other banks
(Catatan 7) 12,694,705 - - - - 12,694,705 (Note 7)
Efek-efek (Catatan 8) 27,981,308 - - - - 27,981,308 Securities (Note 8)
Securities
purchased under
resale
Efek-efek yang dibeli agreements
dengan janji dijual (reverse repo)
kembali (Catatan 9) 468,188 - - - - 468,188 (Note 9)
Derivative
Tagihan derivatif receivables
(Catatan 10) 1,747,123 1,002 - - - 1,748,125 (Note 10)
Acceptance
Tagihan akseptasi receivables
(Catatan 11) 3,334,619 - - - - 3,334,619 (Note 11)
Pinjaman yang Loans and sharia
diberikan dan financing/
pembiayaan/piutang receivables
syariah (Catatan 12) 140,454,478 7,130,193 500,108 319,920 1,567,296 149,971,995 (Note 12)
Investment in
Penyertaan saham 22,522 52,763 - - - 75,285 shares
197,181,405 7,183,958 500,108 319,920 1,567,296 206,752,687
Komitmen dan Commitments and
145,180,808 2,047,332 - - - 147,228,140
kontinjensi contingencies
227
Page 638
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
b. Aset keuangan berdasarkan kolektabilitas b. Financial assets based on OJK collectablity
OJK (lanjutan) (continued)
Tabel di bawah ini menggambarkan nilai The table below summarizes the carrying
tercatat (sebelum cadangan kerugian amounts (before allowance for impairment
penurunan nilai) dari aset keuangan losses) of financial assets based on OJK
berdasarkan kolektabilitas OJK: (lanjutan) collectability: (continued)
31 Desember/December 2023
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/ Jumlah/
Current Mention Substandard Doubtful Loss Total
Current accounts
Giro pada Bank with Bank
Indonesia Indonesia
(Catatan 5) 9,276,598 - - - - 9,276,598 (Note 5)
Current accounts
Giro pada bank-bank with other banks
lain (Catatan 6) 962,387 - - - - 962,387 (Note 6)
Penempatan pada Placements with
Bank Indonesia dan Bank Indonesia
bank-bank lain and other banks
(Catatan 7) 8,964,278 - - - - 8,964,278 (Note 7)
Efek-efek (Catatan 8) 17,264,356 - - - - 17,264,356 Securities (Note 8)
Derivative
Tagihan derivatif receivables
(Catatan 10) 1,130,701 2,448 - - - 1,133,149 (Note 10)
Acceptance
Tagihan akseptasi receivables
(Catatan 11) 3,289,757 - - - - 3,289,757 (Note 11)
Pinjaman yang Loans and sharia
diberikan dan financing/
pembiayaan/piutang receivables
syariah (Catatan 12) 148,452,798 7,109,726 477,678) 118,169) 1,500,722) 157,659,093 (Note 12)
Investment in
Penyertaan saham 22,522 80,064 - - - 102,586 shares
189,363,397 7,192,238 477,678) 118,169) 1,500,722) 198,652,204)
Komitmen dan Commitments and
120,577,548 1,378,716 - - - 121,956,264)
kontinjensi contingencies
c. Giro Wajib Minimum (GWM) c. Statutory Reserves
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2024 and 2023, the statutory
31 Desember 2024 dan 2023 adalah sebagai reserves were as follows:
berikut:
31 Desember/December
2024 2023
Bank Bank
Rupiah Rupiah
- GWM (Bank Konvensional) 6.91% 8.30%) Statutory Reserves (Conventional Bank) -
- GWM Penyangga Likuiditas Statutory Reserve Macroprudential -
Makroprudensial (“PLM”) 19.44% 9.49%) Liquidity Buffer (“PLM”)
- GWM Rasio Intermediasi Statutory Reserve Macroprudential -
Makroprudensial (“RIM”)* - -) Intermediation Ratio (“RIM”)*
Mata uang asing Foreign currencies
- GWM mata uang asing 4.02% 4.02%) Foreign currencies reserve -
*) Pada tanggal 31 Desember 2024 dan 2023, rasio RIM Bank berada *) As of 31 December 2024 and 2023, the Bank’s RIM ratio is above the
di atas batas yang ditentukan. Walaupun demikian, Bank tidak specified limit. Nevertheless the Bank is not subject to the Statutory
dikenakan GWM RIM dikarenakan rasio KPMM Bank berada di atas Reserves RIM as the Bank’s CAR is above 14%.
14%.
228
Page 639
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
c. Giro Wajib Minimum (GWM) (lanjutan) c. Statutory Reserves (continued)
Giro Wajib Minimum (GWM) pada tanggal As of 31 December 2024 and 2023, the statutory
31 Desember 2024 dan 2023 adalah sebagai reserves were as follows: (continued)
berikut: (lanjutan)
31 Desember/December
2024 2023
Entitas Anak Subsidiary
Rupiah Rupiah
- GWM Total (Bank Syariah) 5.86% 5.54%) Total Statutory Reserves (Sharia Bank) -
Grup memenuhi ketentuan BI yang berlaku The Group fulfilled BI’s regulations regarding
tentang Giro Wajib Minimum pada tanggal Statutory Reserve Requirements as of
31 Desember 2024 dan 2023. 31 December 2024 and 2023.
d. Batas Maksimum Pemberian Kredit d. Legal Lending Limit (“LLL”)
(“BMPK”)
Berdasarkan laporan Batas Maksimum Based on the Group’s Legal Lending Limit (LLL)
Pemberian Kredit (BMPK) Grup yang report to OJK, as of 31 December 2024 and
disampaikan kepada OJK, pada tanggal 2023 there was no violation or excess of LLL to
31 Desember 2024 dan 2023 tidak terdapat both third parties and related parties in
pelanggaran ataupun pelampauan BMPK compliance with OJK’s regulation.
kepada pihak ketiga dan pihak berelasi sesuai
dengan peraturan yang telah ditetapkan OJK.
e. Rasio pinjaman yang diberikan kepada e. Ratios of loans extended to Micro, Small and
Usaha Mikro, Kecil dan Menengah (“UMKM”) Medium Enterprises (“UMKM”)
Rasio pinjaman yang diberikan kepada Usaha Ratios of loans extended to Micro, Small and
Mikro, Kecil dan Menengah (“UMKM”) terhadap Medium Enterprises (“UMKM”) to total loans as of
jumlah pinjaman yang diberikan pada tanggal 31 31 December 2024 and 2023 were 13.49% and
Desember 2024 dan 2023 masing-masing 11.21%, respectively. These ratios were calculated
sebesar 13,49% dan 11,21%. Rasio tersebut based on the prevailing Bank Indonesia
dihitung sesuai dengan peraturan Bank Indonesia regulations.
yang berlaku.
f. Kredit sindikasi f. Syndicated loans
Keikutsertaan Bank sebagai anggota dan/atau Total participation of the Bank in syndicated
arranger dalam kredit sindikasi berkisar antara loans, in which the Bank acted as a member
0,80% sampai dengan 82,98% dari fasilitas and/or arranger, ranged from 0.80% up to
kredit sindikasi pada tanggal 31 Desember 82.98% of syndicated loan facility as of
2024 dan 1,77% sampai dengan 80% dari
fasilitas kredit sindikasi pada tanggal 31 December 2024 and 1.77% up to 80% of
31 Desember 2023. syndicated loan facility as of 31 December 2023.
229
Page 640
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
g. Pinjaman yang diberikan dan pembiayaan/ g. Non-performing loans and sharia
piutang syariah bermasalah financing/receivables
Berdasarkan peraturan OJK yang berlaku, rasio Based on prevailing OJK regulations, the
bruto pinjaman yang diberikan dan maximum gross non-performing loans and
pembiayaan/piutang syariah bermasalah sharia financing/receivables ratio for a bank is
setinggi-tingginya adalah 5% dari jumlah 5% from total loans and sharia
pinjaman yang diberikan dan pembiayaan/ financing/receivables given. The gross and net
piutang syariah. Rasio kredit bermasalah bruto non-performing loan ratios of the Group was as
dan bersih Grup adalah sebagai berikut: follows:
31 Desember/December
2024 2023
Kurang lancar 500,108) 477,678) Substandard
Diragukan 319,920) 118,169) Doubtful
Macet 1,567,296) 1,500,722) Loss
Jumlah pinjaman yang
diberikan dan Total non-performing loans and
pembiayaan/piutang syariah sharia
bermasalah - kotor 2,387,324) 2,096,569) financing/receivables - gross
Cadangan kerugian penurunan
nilai (1,727,088) (1,479,832) Allowance for impairment losses
Jumlah pinjaman yang
diberikan dan Total non-performing loans and
pembiayaan/piutang syariah sharia
bermasalah - bersih 660,236) 616,737) financing/receivables - net
Jumlah pinjaman yang
diberikan dan
pembiayaan/piutang syariah Total loans and sharia financing/
yang diberikan 149,971,995) 156,561,297) receivables
Jumlah pinjaman kepada Bank
lain (1,017,761) (2,183,624) Total loans to other banks
148,954,234) 154,377,673)
Rasio pinjaman yang diberikan
dan pembiayaan/piutang Non-performing loans and sharia
syariah bermasalah - kotor 1.60% 1.36%) financing/receivables ratio - gross
Rasio pinjaman yang diberikan
dan pembiayaan/piutang Non-performing loans and sharia
syariah bermasalah - bersih 0.44% 0.40%) financing/receivables ratio - net
Rasio pemenuhan cadangan kerugian The Group’s ratio of allowance for impairment
penurunan nilai aset keuangan Grup losses on financial assets (percentage of
(persentase cadangan kerugian penurunan allowance for impairment losses on financial
nilai aset keuangan yang telah dibentuk assets recorded to the minimum allowance for
terhadap jumlah minimum cadangan kerugian
penurunan nilai aset keuangan sesuai impairment losses on financial assets as
ketentuan Bank Indonesia) pada tanggal required by Bank Indonesia) as of
31 Desember 2024 dan 2023 masing-masing 31 December 2024 and 2023 were 110.70%
adalah sebesar 110,70% dan 134,49%. and 134.49%, respectively.
230
Page 641
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
h. Pinjaman yang diberikan dan h. Restructured loans and sharia
pembiayaan/piutang syariah yang financing/receivables
direstrukturisasi
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023, total
jumlah pinjaman yang diberikan dan restructured loans and sharia financing/
pembiayaan/piutang syariah yang telah receivables based on OJK grading was as
direstrukturisasi berdasarkan kolektibilitas OJK follows:
adalah sebagai berikut:
31 Desember/December 2024
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan Macet/ Jumlah/
Current mention Substandard /Doubtful Loss Total
Korporasi 444 3,434,907 - - 487,942 3,923,293 Corporates
Pensiunan 197 - - - - 197 Pensioners
Umum 351 562 20 86 46,631 47,650 General purpose
Usaha kecil Small medium
menengah 578,412 142,272 6,055 7,578 424,488 1,158,805 enterprises
Usaha mikro kecil 23,017 16,027 656 1,081 685 41,466 Micro business
Pembiayaan/ Sharia financing/
piutang syariah 62,145 5,999 7,301 1,035 473 76,953 receivables
664,566 3,599,767 14,032 9,780 960,219 5,248,364
31 Desember/December 2023
Dalam
perhatian
khusus/ Kurang
Lancar/ Special lancar/ Diragukan Macet/ Jumlah/
Current mention Substandard /Doubtful Loss Total
Korporasi 167,867 2,526,064 - - 507,652 3,201,583 Corporates
Pensiunan 236 - - - - 236 Pensioners
Kredit keperluan
rumah tangga - 2 2 3 7 14 Household goods
Kredit
kepemilikan
kendaraan 14 126 - - - 140 Motor vehicle loans
Umum 265 54 41 - 1 361 General purpose
Usaha kecil Small medium
menengah 924,482 62,403 16,081 12,210 611,426 1,626,602 enterprises
Usaha mikro kecil 28,747 2,962 737 1,311 855 34,612 Micro business
Pembiayaan/ Sharia financing/
piutang syariah 610,501 39,794 15,809 5,674 18,005 689,783 receivables
1,732,112 2,631,405 32,670 19,198 1,137,946 5,553,331
231
Page 642
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
i. Risiko Kredit i. Credit Risk
Porsi kredit yang diberikan yang mendapatkan The portion of loans that benefits from such
manfaat dari agunan, baik sebagian maupun partial or full collateralization as credit risk
penuh, sebagai mitigasi dari risiko kredit pada mitigation as of 31 December 2024 and 2023
tanggal 31 Desember 2024 dan 2023 masing- were 43.00% and 33.79% of total outstanding
masing sebesar 43,00% dan 33,79% dari loans, respectively.
jumlah kredit yang diberikan.
j. Posisi Devisa Neto j. Net Open Position
Berdasarkan Peraturan Bank Indonesia Based on the prevailing Bank Indonesia
mengenai Posisi Devisa Neto yang berlaku, Regulation relating with Net Open Position, the
maksimum Posisi Devisa Neto adalah 20% dari maximum Net Open Position is at 20% of capital.
modal.
Posisi Devisa Neto adalah jumlah dari nilai Net Open Position is the sum of the absolute
absolut selisih bersih aset dan liabilitas dalam values of the net difference between assets and
laporan posisi keuangan untuk setiap mata liabilities in the statement of financial position for
uang asing dan selisih bersih tagihan dan each foreign currency and the net difference of
kewajiban komitmen dan kontinjensi dalam receivables and commitments and contingent
rekening administratif untuk setiap mata uang liabilities in the administrative accounts for each
asing, yang semuanya dinyatakan dalam foreign currency, which are all stated in Rupiah.
Rupiah.
Berikut adalah Posisi Devisa Neto Bank pada Below is the Net Open Position of Bank as of
tanggal 31 Desember 2024 dan 2023 dalam 31 December 2024 and 2023 in currency
mata uang (ekuivalen Rupiah). Nilai ini adalah (Rupiah equivalent). These amounts are
yang dilaporkan kepada Bank Indonesia pada reported to Bank Indonesia on the statement of
tanggal laporan posisi keuangan sebagai financial position’s date as part of daily reporting.
bagian dari laporan harian.
31 Desember/December 2024
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 100,282,026 99,911,496 370,530 United States Dollar
Yen Jepang 2,694,733 2,789,078 94,345 Japanese Yen
Dolar Singapura 155,124 158,546 3,422 Singapore Dollar
Euro Eropa 213,614 196,501 17,113 European Euro
Baht Thailand 18,790 21,095 2,305 Thailand Baht
Poundsterling Inggris 32,053 36,515 4,462 British Poundsterling
Dolar Australia 198,003 195,577 2,426 Australian Dollar
Yuan China 600,544 606,063 5,519 China Yuan
Dolar Hong Kong 10,530 12,571 2,041 Hong Kong Dollar
Franc Swiss 1,413 - 1,413 Swiss Franc
Rupee India 83 10 73 Indian Rupee
Ringgit Malaysia 1 - 1 Malaysia Ringgit
jJumlah 503,650 Total
Jumlah Modal Tier I dan II 37,376,948 Total Tier I and II Capital
Rasio PDN 1.35% NOP Ratio
232
Page 643
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
j. Posisi Devisa Neto (lanjutan) j. Net Open Position (continued)
31 Desember/December 2023
Posisi Devisa
Neto/
Aset/ Liabilitas/ Net Open
Mata Uang Assets Liabilities Position Currencies
Laporan posisi keuangan dan Statement of financial position
rekening administratif and off-balance sheet
Dolar Amerika Serikat 95,526,416 95,662,487 136,071 United States Dollar
Yen Jepang 3,329,464 3,325,257 4,207 Japanese Yen
Dolar Singapura 207,782 196,172 11,610 Singapore Dollar
Euro Eropa 377,550 363,445 14,105 European Euro
Baht Thailand 18,493 18,487 6 Thailand Baht
Poundsterling Inggris 42,748 35,283 7,465 British Poundsterling
Dolar Australia 54,763 48,348 6,415 Australian Dollar
Yuan China 11,227 12,538 1,311 China Yuan
Dolar Hong Kong 3,912 8,080 4,168 Hong Kong Dollar
Franc Swiss 491 - 491 Swiss Franc
Rupee India 74 - 74 Indian Rupee
Ringgit Malaysia 1 - 1 Malaysia Ringgit
jJumlah 185,924 Total
Jumlah Modal Tier I dan II 35,452,414 Total Tier I and II Capital
Rasio PDN 0.52% NOP Ratio
k. Manajemen Risiko Permodalan k. Capital Risk Management
Sesuai dengan Peraturan OJK (POJK) According to OJK Regulation No.
No. 11/POJK.03/2016 tentang kewajiban 11/POJK.03/2016 dated 12 December 2013
penyediaan modal minimum bank umum dan regarding Capital Adequacy Ratio (CAR) for
SEOJK No. 26/SEOJK.03/2016 tentang KPMM Commercial Bank and SEOJK No.
sesuai Profil Risiko dan Pemenuhan Capital 26/SEOJK.03/2016 regarding Capital Adequacy
Equivalency Maintained Assets (CEMA), Bank Ratio based on Risk Profile and Fullfillment of
wajib melakukan perhitungan KPMM minimum Capital Equivalency Maintained Assets
berdasarkan profil risiko dan melakukan (CEMA), the Bank is required to calculate
Internal Capital Adequacy Assessment Process minimum CAR in accordance to its risk profile
(ICAAP). Peraturan ini juga mengatur tentang and to perform Internal Capital Adequacy
pemenuhan rasio modal inti (Tier 1) paling Assessment Process (ICAAP). This regulation
rendah sebesar 6% dan rasio modal inti utama also stipulates minimum Tier 1 ratio at the
(Common Equity Tier 1) paling rendah sebesar minimum of 6% and common equity Tier 1 ratio
4,5%, efektif sejak tanggal at the minimum of 4.5%, effective on 1 January
1 Januari 2014. 2014.
Grup telah memenuhi semua persyaratan The Group has complied with all externally
modal yang diwajibkan sepanjang tahun. imposed capital requirements throughout the
year.
233
Page 644
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
k. Manajemen Risiko Permodalan (lanjutan) k. Capital Risk Management (continued)
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under
OJK yang berlaku pada 31 Desember 2024 dan the prevailing OJK regulation as of 31
2023 adalah sebagai berikut: December 2024 and 2023 were as follows:
31 Desember/December
2024 2023
KONSOLIDASI CONSOLIDATED
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 151,246,559 125,294,554- With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 161,976,039 135,795,396- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 163,826,500 137,651,897- risk charge
Modal Capital
- Modal inti 44,187,414 36,613,893- Core capital -
- Modal pelengkap 4,995,432 4,543,487- Supplementary capital -
49,182,846 41,157,380-
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 32.52% 32.85%- With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 30.36% 30.31%- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 30.02% 29.90%- risk charge
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
minimum yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 30.02% 29.90%- Capital Adequacy Ratio -
- Rasio CET 1 26.97% 26.60%- CET 1 ratio -
- Rasio tier 1 26.97% 26.60%- Tier 1 ratio -
- Rasio tier 2 3.05% 3.30%- Tier 2 ratio -
BANK BANK
Aset tertimbang menurut risiko Risk weighted assets
- Dengan memperhitungkan risiko kredit 121,209,907 116,728,894- With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 131,701,422 126,954,327- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 133,551,883 128,810,828- risk charge
Modal Capital
- Modal inti 32,641,997 31,015,970- Core capital -
- Modal pelengkap 4,734,951 4,436,444- Supplementary capital -
37,376,948 35,452,414-
Rasio kewajiban penyediaan modal
minimum Capital adequacy ratio
- Dengan memperhitungkan risiko kredit 30.84% 30.37%- With credit risk charge -
- Dengan memperhitungkan risiko kredit With credit, operational risk -
dan operasional 28.38% 27.93%- charge
- Dengan memperhitungkan risiko kredit, With credit, operational and market -
operasional dan pasar 27.99% 27.52%- risk charge
234
Page 645
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
k. Manajemen Risiko Permodalan (lanjutan) k. Capital Risk Management (continued)
Posisi permodalan Grup berdasarkan peraturan The Group’s regulatory capital position under
OJK yang berlaku pada 31 Desember 2024 dan the prevailing OJK regulation as of 31
2023 adalah sebagai berikut: (lanjutan) December 2024 and 2023 were as follows:
(continued)
31 Desember/December
2024 2023
BANK (lanjutan) BANK (continued)
9% sampai 9% sampai
dengan kurang dengan kurang
Rasio kewajiban penyediaan modal dari 10%/9% to dari 10%/9% to Minimum capital adequacy ratio
minimum yang diwajibkan less than 10% less than 10% required
- Rasio Kewajiban Penyediaan Modal
Minimum 27.99% 27.52%- Capital Adequacy Ratio -
- Rasio CET 1 24.44% 24.08%- CET 1 ratio -
- Rasio tier 1 24.44% 24.08%- Tier 1 ratio -
- Rasio tier 2 3.55% 3.44%- Tier 2 ratio -
l. Jaminan pemerintah terhadap liabilitas l. Government guarantee on obligations of
pembayaran bank umum commercial banks
Berdasarkan Undang-Undang No. 24 tanggal Based on Law No. 24 dated 22 September 2004,
22 September 2004 yang berlaku efektif sejak effective on 22 September 2005, which was
tanggal 22 September 2005, sebagaimana diubah amended by the Government Regulation as
dengan Peraturan Pemerintah Pengganti Substitution of Law No. 7 Year 2009 dated
Undang-Undang Republik Indonesia No. 7 Tahun 13 January 2009 regarding with the Determination
2009 tanggal 13 Januari 2009 tentang Penetapan of Government Regulation as Substitution of Law
Peraturan Pemerintah Pengganti Undang- No. 3 Year 2008, Deposit Insurance Agency
Undang No. 3 Tahun 2008, dibentuk untuk (“LPS”) was formed to guarantee certain liabilities
menjamin liabilitas tertentu bank-bank umum of commercial banks under the applicable
berdasarkan program penjaminan yang berlaku, guarantee program, which the amount of
yang besaran nilai jaminannya dapat berubah jika guarantee can be amended if the situation
memenuhi kriteria tertentu yang berlaku. complies with the valid particular criterias.
Berdasarkan Peraturan Pemerintah Republik Based on Government Regulation No. 66 Year
Indonesia No. 66 Tahun 2008 tanggal 2008 dated 13 October 2008 regarding The
13 Oktober 2008 mengenai Besarnya Nilai Amount of Deposit Guaranteed by Indonesia
Simpanan yang Dijamin Lembaga Penjaminan Deposit Insurance Agency (LPS), the amount of
Simpanan (LPS), maka pada tanggal deposits covered by LPS is customer deposits up
31 Desember 2024 dan 2023 jumlah simpanan to Rp 2,000 per depositor per bank as of
yang dijamin LPS adalah simpanan sampai 31 December 2024 and 2023.
dengan Rp 2.000 untuk per nasabah per bank.
Berdasarkan Siaran Pers yang terakhir dilakukan Based on the latest Press Release made dated
pada tanggal 30 September 2024, tingkat bunga 30 January 2024, the guaranteed interest rate by
penjaminan LPS menjadi sebesar 4,25% untuk LPS is 4.25% for deposits denominated in Rupiah
simpanan dalam Rupiah dan 2,25% untuk and 2.25% for deposits denominated in foreign
simpanan dalam mata uang asing. currency.
Grup adalah peserta dari program penjaminan The Group both are participants of the guarantee
tersebut. Premi yang telah dibayarkan selama program. Premium paid for the years ended
tahun-tahun yang berakhir pada tanggal 31 December 2024 and 2023 were Rp 233,771
31 Desember 2024 dan 2023 masing-masing and Rp 233,280, respectively.
adalah Rp 233.771 dan Rp 233.280.
235
Page 646
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PTBANK BTPN Tbk)
DAN ENTITAS ANAK/AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN-TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
52. INFORMASI TAMBAHAN YANG TIDAK 52. ADDITIONAL INFORMATION THAT IS NOT
DISYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN ACCOUNTING
INDONESIA (lanjutan) STANDARDS (continued)
m. Jasa kustodian m. Custodial services
PT Bank SMBC Indonesia menyelenggarakan PT Bank SMBC Indonesia provides Custodian
Jasa Kustodian (Bank Kustodian) sejak Juni 2024 Services (Custodian Bank) since June 2024 based
berdasarkan Surat Keputusan Dewan Komisioner on Decree of the Board of Commissioners of The
Otoritas Jasa Keuangan (OJK) No. KEP- Financial Services Authority (OJK) No. KEP-
31/PM.02/2024 tanggal 7 Mei 2024. 31/PM.02/2024 dated 17 May 2024.
Secara umum, layanan utama dari Bank In general, the main services of Custodian Bank
Kustodian terdiri dari: consist of:
• Administrasi rekening efek • Security account administration
• Penyimpanan efek • Securities safekeeping
• Penyelesaian transaksi efek • Settlement securities transaction
• Pemrosesan tindakan korporasi dan • Processing corporate action and income
pengumpulan pendapatan collections
• Konfirmasi dan pelaporan • Confirmation and report
• Fund administration yang terdiri dari Fund • Fund administration that consists of Fund
accounting dan Transfer agent untuk produk account and Transfer agent for mutual funds,
reksa dana, kontrak pengelolaan dana, dan discretionary funds, and unit link
unit link.
Pada tanggal 31 Desember 2024, aset milik As of 31 December 2024, customer owned assets
nasabah yang diadministrasikan oleh Bank administered by Custodian Bank consist of shares,
Kustodian terdiri dari saham, deposito, surat deposits, government bonds (SBN), and corporate
berharga negara (SBN), dan obligasi korporasi. bonds.
Aset yang diadministrasikan oleh Bank Kustodian Assets administered by Custodian Bank are not
tidak termasuk dalam laporan keuangan included in the consolidated statement of financial
konsolidasian ini. position.
53. INFORMASI KEUANGAN TAMBAHAN 53. SUPPLEMENTARY FINANCIAL INFORMATION
Bank menerbitkan laporan keuangan konsolidasian The Bank issued the consolidated financial
yang merupakan laporan keuangan utama. Informasi statements as its primary financial statements. The
keuangan tambahan PT Bank SMBC Indonesia Tbk supplementary financial information of
(dahulu PT BANK BTPN Tbk) (Entitas Induk) ini, PT Bank SMBC Indonesia Tbk (formerly PT BANK
dimana investasi pada Entitas Anak dicatat dengan BTPN Tbk) (Parent Entity) which account for
metode harga perolehan, disajikan untuk dapat investments in Subsidiaries using the cost method,
menganalisis hasil usaha entitas induk saja. Informasi have been prepared in order that the parent entity’s
keuangan tambahan PT Bank SMBC Indonesia Tbk results of operations can be analysed. The following
(dahulu PT BANK BTPN Tbk) (Entitas Induk) supplementary financial information of
(halaman 237-245) berikut ini harus dibaca PT Bank SMBC Indonesia Tbk (formerly PT BANK
bersamaan dengan laporan keuangan konsolidasian BTPN Tbk) (Parent Entity) (pages 237-245) should be
PT Bank SMBC Indonesia Tbk (dahulu PT BANK read in conjunction with the consolidated financial
BTPN Tbk) dan Entitas Anak. statements of PT Bank SMBC Indonesia Tbk
(formerly PT BANK BTPN Tbk) and Subsidiaries.
236
Page 647
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.1 APPENDIX 1.1
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 DAN 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2024 2023
ASET ASSETS
Kas 777,352) 931,530) Cash
Giro pada Bank Indonesia 8,774,132) 8,613,155) Current accounts with Bank Indonesia
Giro pada bank-bank lain: Current accounts with other banks
- Pihak ketiga 187,353) 496,671) Third parties -
- Pihak berelasi 525,792) 462,061) Related parties -
Dikurangi: Cadangan kerugian penurunan nilai (37) (158) Less: Allowance for impairment losses
713,108) 958,574)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank-bank lain 11,447,705) 8,623,654) and other banks
Pendapatan bunga yang masih akan diterima 1,033) 2,624) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (582) -) Less: Allowance for impairment losses
11,448,156) 8,626,278)
Efek-efek Securities
- Pihak ketiga 19,332,166) 8,547,321) Third parties -
Pendapatan bunga yang masih akan diterima 46,255) 150,343) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (593) (799) Less: Allowance for impairment losses
19,377,828) 8,696,865)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale
(reverse repo) 468,188) - agreements (reverse repo)
Pendapatan bunga yang masih akan diterima 594) - Accrued interest income
468,782) -
Tagihan derivatif Derivative receivables
- Pihak ketiga 1,020,268) 636,924) Third parties -
- Pihak berelasi 397,184) 496,225) Related parties -
1,417,452) 1,133,149)
Tagihan akseptasi 3,334,619) 3,289,757) Acceptance receivables
Dikurangi: Cadangan kerugian penurunan nilai (17,078) (8,637) Less: Allowance for impairment losses
3,317,541) 3,281,120)
Pinjaman yang diberikan: Loans:
- Pihak ketiga 139,362,461) 141,400,072) Third parties -
- Pihak berelasi 6,575,590) 3,773,364) Related parties -
Pendapatan bunga yang masih akan diterima 737,734) 932,906) Accrued interest income
Dikurangi: Cadangan kerugian penurunan nilai (2,998,406) (3,404,131) Less: Allowance for impairment losses
143,677,379) 142,702,211)
Penyertaan saham Investment in shares
- Pihak ketiga 22) 22) Third parties -
- Pihak berelasi 7,859,205) 1,308,462) Related parties -
7,859,227) 1,308,484)
Beban dibayar dimuka 941,323) 1,136,055) Prepayments
Klaim pengembalian pajak 338,844) 67,337) Claims for tax refund
Aset pajak tangguhan 129,036) 441,560) Deferred tax assets
Aset tetap 3,893,607) 3,958,107) Fixed assets
Dikurangi: Akumulasi penyusutan (2,300,746) (2,286,537) Less: Accumulated depreciation
1,592,861) 1,671,570)
Aset takberwujud 3,204,551) 3,096,432) Intangible assets
Dikurangi: Akumulasi amortisasi (2,445,641) (2,278,908) Less: Accumulated amortization
758,910) 817,524)
Aset lain-lain 1,089,955) 961,327) Other assets
Dikurangi: Cadangan kerugian penurunan nilai (138,445) (105,403) Less: Allowance for impairment losses
951,510) 855,924)
JUMLAH ASET 202,543,441) 181,241,336) TOTAL ASSETS
237
Page 648
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.2 APPENDIX 1.2
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
Liabilitas segera 25,935) 42,261) Liabilities due immediately
Simpanan nasabah Deposits from customers
- Pihak ketiga 109,272,202) 95,571,983) Third parties -
- Pihak berelasi 1,150,352) 483,776) Related parties -
Beban bunga yang masih harus dibayar 268,045) 179,647) Accrued interest expenses
110,690,599) 96,235,406)
Simpanan dari bank-bank lain Deposits from other banks
- Pihak ketiga 61,382) 1,257,385) Third parties -
- Pihak berelasi 699,242) 9,561,059) Related parties -
Beban bunga yang masih harus dibayar -) 7,483) Accrued interest expenses
760,624) 10,825,927)
Liabilitas derivatif Derivative payables
- Pihak ketiga 1,215,917) 1,014,819) Third parties -
- Pihak berelasi 104,980) 57,285) Related parties -
1,320,897) 1,072,104)
Liabilitas akseptasi Acceptance payables
- Pihak ketiga 2,998,823) 2,160,250) Third parties -
- Pihak berelasi 163,558) 163,383) Related parties -
3,162,381) 2,323,633)
Utang pajak: Taxes payable:
- Pajak penghasilan 45,090) 73,029) Income taxes -
- Pajak lain-lain 116,776) 113,988) Other taxes -
161,866) 187,017)
Efek-efek yang diterbitkan: Securities issued:
- Utang obligasi 1,742,884) 200,569) Bonds payable -
Beban bunga yang masih harus dibayar 9,727) 1,514) Accrued interest expenses
1,752,611) 202,083)
Pinjaman yang diterima Borrowings
- Pihak ketiga 14,912,100) 12,682,950) Third parties -
- Pihak berelasi 22,452,525) 18,569,798) Related parties -
Beban transaksi yang belum diamortisasi (67,486) (48,251) Unamortized transaction costs
Beban bunga yang masih harus dibayar 130,684) 151,020) Accrued interest expenses
37,427,823) 31,355,517)
Akrual 431,289) 411,413) Accruals
Pinjaman subordinasi 3,219,000) 3,079,400) Subordinated loans
Beban bunga yang masih harus dibayar 10,069) 10,960) Accrued interest expenses
3,229,069) 3,090,360)
Liabilitas imbalan kerja karyawan: Employee benefits liabilities:
- Imbalan kerja jangka pendek 339,069) 323,918) Short-term employee benefits -
- Imbalan pascakerja dan imbalan jangka panjang Post-employment and other long-term -
lainnya 32,669) 128,085) employees benefits
371,738) 452,003)
Liabilitas sewa 267,999) 300,198) Lease liabilities
Liabilitas lain-lain 725,726) 1,012,594) Other liabilities
JUMLAH LIABILITAS 160,328,557) 147,510,516) TOTAL LIABILITIES
238
Page 649
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 1.3 APPENDIX 1.3
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
31 Desember/December
2024 2023
EKUITAS SHAREHOLDERS’ EQUITY
Modal saham Share capital
Modal dasar Rp 300.000 Authorised capital of Rp 300,000
terdiri dari: consists of:
15.000.000.000 saham 15,000,000,000 shares
dengan nilai nominal with par value of
Rp 20 (nilai penuh) per saham Rp 20 (full amount) per share
Modal ditempatkan dan disetor penuh sebesar Issued and fully paid-up capital is
10.645.945.748 saham 10,645,945,748 shares
(31 Desember 2023: 8.149.106.869 saham) 212,919 162,982) (31 December 2023: 8,149,106,869 shares)
Tambahan modal disetor 17,565,927 11,167,715) Additional paid-in capital
Cadangan revaluasi aset tetap 931,378 950,557) Reserve on revaluation of fixed assets
Cadangan nilai wajar - bersih 12,410 2,804) Fair value reserve – net
Saldo laba Retained earnings
- Dicadangkan 42,953 32,596) Appropriated -
- Belum dicadangkan 23,188,496 21,408,060) Unappropriated -
23,231,449 21,440,656)
Komponen ekuitas lainnya 260,801 260,801) Other equity components
Saham tresuri - (254,695) Treasury shares
JUMLAH EKUITAS 42,214,884 33,730,820) TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS 202,543,441 181,241,336) TOTAL LIABILITIES AND EQUITY
239
Page 650
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.1 APPENDIX 2.1
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
PENDAPATAN (BEBAN) BUNGA INTEREST INCOME (EXPENSES)
Pendapatan bunga 14,248,109) 13,069,491) Interest income
Beban bunga (7,042,645) (6,285,177) Interest expense
PENDAPATAN BUNGA BERSIH 7,205,464) 6,784,314) NET INTEREST INCOME
Provisi dan komisi: Fee and commission:
Pendapatan provisi dan komisi 1,280,342) 941,224) Fee and commission income
Beban provisi dan komisi (667,292) (375,441) Fee and commission expense
613,050) 565,783)
Pendapatan operasional: Operating income:
Pendapatan operasional lainnya 645,413) 918,219) Other operating income
Keuntungan dari selisih kurs dan transaksi derivatif Net gains on foreign exchange and
bersih 550,276) 650,386) derivative transactions
1,195,689) 1,568,605)
Beban operasional: Operating expenses:
Beban kepegawaian (2,497,575) (2,394,073) Personnel expenses
Beban umum dan administrasi (2,537,316) (2,661,988) General and administrative expenses
Cadangan kerugian penurunan nilai (1,120,670) (1,151,802) Provision for impairment losses
Beban operasional lain-lain (124,510) (130,058) Other operating expenses
(6,280,071) (6,337,921)
PENDAPATAN OPERASIONAL BERSIH 2,734,132) 2,580,781) NET OPERATING INCOME
PENDAPATAN (BEBAN) NON-OPERATING
NON-OPERASIONAL INCOME (EXPENSES)
Pendapatan non-operasional 8,235) 7,154) Non-operating income
Beban non-operasional (1,586) (11,332) Non-operating expenses
6,649) (4,178)
LABA SEBELUM PAJAK PENGHASILAN 2,740,781) 2,576,603) INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN (510,511) (475,892) INCOME TAX EXPENSE
LABA BERSIH 2,230,270) 2,100,711) NET INCOME
240
Page 651
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 2.2 APPENDIX 2.2
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
PENGHASILAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:
Pos-pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Gain on revaluation of
Keuntungan revaluasi aset tetap -)) 79,772) fixed assets
Pengukuran kembali liabilitas imbalan kerja Remeasurement of employee
karyawan 16,681)) (91,574) benefits liabilities
Pajak penghasilan terkait pos-pos yang tidak akan Income tax relating to items
direklasifikasikan ke laba rugi (3,670)) 20,146) that will not be reclassified to profit or loss
13,011)) 8,344)
Pos-pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Keuntungan yang belum direalisasi atas perubahan Unrealized gains on fair value changes of
nilai wajar efek-efek yang diukur pada nilai wajar securities measured at fair value through
melalui penghasilan komprehensif lain 12,316) 13,531) other comprehensive income
Pajak penghasilan terkait pos-pos yang akan Income tax relating to items that will be
direklasifikasikan ke laba rugi (2,710) (2,977) reclassified to profit or loss
9,606) 10,554)
PENGHASILAN KOMPREHENSIF LAIN TAHUN OTHER COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN 22,617) 18,898) FOR THE YEAR, NET OF INCOME TAX
JUMLAH LABA KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE INCOME
BERJALAN, SETELAH PAJAK PENGHASILAN 2,252,887) 2,119,609) FOR THE YEAR, NET OF INCOME TAX
LABA BERSIH PER SAHAM (NILAI PENUH) EARNINGS PER SHARE (FULL AMOUNT)
Dasar 221) 261) Basic
Dilusian 221) 261) Diluted
241
Page 652
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.1 APPENDIX 3.1
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Modal Saldo laba yang Saldo laba yang
ditempatkan
dan disetor Tambahan Cadangan sudah belum
penuh/ modal revaluasi Cadangan ditentukan ditentukan Komponen
Issued and disetor/ asset tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
share capital capital fixed assets reserve – net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2024 162,982) 11,167,715) 950,557) 2,804) 32,596 21,408,060) 260,801 (254,695) 33,730,820) Balance as of 1 January 2024
Laba bersih tahun berjalan -) -) -) -) -) 2,230,270) -) -) 2,230,270) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Penjualan aset tetap -) -) (19,179) -) -) 19,179) -) -) -) Sales of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of employee
kerja karyawan -) -) -) -) -) 16,681 -) -) 16,681) benefit liabilities
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain -) -) -) 12,316) -) -) -) -) 12,316) income
Efek pajak terkait -) -) -) (2,710) -) (3,670) -) -) (6,380) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan -) -) (19,179) 9,606) -) 2,262,460) -) -) 2,252,887 the year
Addition of appropriated
Penambahan cadangan wajib -) -) -) -) 10,357 (10,357) -) -) -) retained earnings
Pembayaran dividen -) -) -) -) -) (471,667) -) -) (471,667) Dividend payment
Right issue 51,783) 6,651,061) -) -) -) -) -) -) 6,702,844) Right issue
Penarikan saham tresuri (1,846) (252,849) -) -) -) -) -) 254,695) -) Withdrawal of treasury shares
Saldo tanggal 31 Desember 2024 212,919) 17,565,927) 931,378) 12,410) 42,953 23,188,496) 260,801 - 42,214,884) Balance as of 31 December 2024
242
Page 653
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 3.2 APPENDIX 3.2
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Modal Saldo laba yang Saldo laba yang
ditempatkan
dan disetor Tambahan Cadangan sudah belum
penuh/ modal revaluasi aset Cadangan ditentukan ditentukan Komponen
Issued and disetor/ tetap/ nilai wajar - penggunaannya/ penggunaanya/ ekuitas
fully Additional Reserve on bersih/ Appropriated Unappropriated lainnya/ Saham tresuri/ Jumlah
paid-up paid in revaluation of Fair value retained retained Other equity Treasury ekuitas/
share capital capital fixed assets reserve - net earnings earnings components shares Total equity
Saldo tanggal 1 Januari 2023 162,982) 11,167,694) 870,785) (7,750) 32,596) 19,997,917) 260,801 (255,147) 32,229,878) Balance as of 1 January 2023
Laba bersih tahun berjalan - - - -) - 2,100,711) - -) 2,100,711) Net income for the year
Penghasilan komprehensif lainnya: Other comprehensive income:
Perubahan nilai wajar atas aset Changes in fair value of financial
keuangan yang diukur pada nilai assets measured at fair value
wajar melalui penghasilan through other comprehensive
komprehensif lain - - - 13,531) -) -) - -) 13,531) income
Cadangan revaluasi aset tetap - - 79,772) -) - -) - -) 79,772) Reserve on revaluation of fixed assets
Pengukuran kembali liabilitas imbalan Remeasurement of employee benefit
kerja karyawan - - - -) - (91,574) - -) (91,574) liabilities
Efek pajak terkait - - - (2,977) - 20,146) - -) 17,169) Related tax effect
Jumlah laba komprehensif selama tahun Total comprehensive income during
berjalan - - 79,772) 10,554) - 2,029,283) -) -) 2,119,609) the year
Pembayaran deviden - - - -) - (619,140) - -) (619,140) Dividend payment
Penjualan saham tresuri ke publik - 21 - -) - -) -) 452) 473) Sales of treasury shares to public
Saldo tanggal 31 Desember 2023 162,982 11,167,715 950,557 2,804) 32,596 21,408,060) 260,801 (254,695) 33,730,820) Balance as of 31 December 2023
243
Page 654
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.1 APPENDIX 4.1
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan pendapatan bunga 14,548,366) 12,876,098) Receipts from interest
Pembayaran beban bunga (7,420,099) (7,016,441) Payments of interest expense
Penerimaan pendapatan operasional lainnya 2,185,454) 1,708,143) Receipts from other operating income
Penerimaan kembali kredit yang telah
dihapusbukukan 35,464) 325,612) Recovery from written-off loans
Pembayaran beban kepegawaian (3,228,451) (2,355,655) Payments of personnel expenses
Pembayaran beban operasional lainnya (4,336,016) (2,022,598) Payments of other operating expenses
(Pembayaran) / penerimaan lain-lain 37,366) 7,417) Other (payments) / receipts
Pembayaran pajak penghasilan badan (542,340) (474,472) Payments of corporate income tax
Arus kas sebelum perubahan dalam aset dan Cash flows before changes in operating
liabilitas operasi 1,279,744) 3,048,104) assets and liabilities
(Kenaikan) penurunan aset operasi: (Increase) decrease in operating assets:
Pinjaman yang diberikan (2,278,031) (11,142,017) Loans
Tagihan akseptasi (44,862) (219,903) Acceptance receivables
Tagihan derivatif (284,303) 613,675) Derivative receivables
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera (16,326) 21,644) Obligation due immediately
Simpanan nasabah 14,366,795) (6,762,260) Deposits from customers
Simpanan dari bank-bank lain (10,057,820) 10,642,217) Deposits from other banks
Liabilitas derivatif 248,793) (375,632) Derivative payables
Liabilitas akseptasi 838,748) (33,195) Acceptance payables
Arus kas diperoleh dari (digunakan untuk) Net cash flows provided from (used in)
aktivitas operasi 4,052,738) (4,207,367) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Pembelian efek-efek (20,365,414) (3,407,262) Purchase of securities
Penjualan efek-efek 11,672,559) 5,120,218) Proceeds from sale of securities
Perolehan aset tetap (107,397) (105,322) Acquisition of fixed assets
Perolehan aset hak guna (18,040) (3,542) Acquisition of right-of-use assets
Perolehan aset takberwujud (196,129) (336,537) Acquisition of intangible assets
Hasil dari penjualan aset tetap 29,160) 3,483) Proceeds from sale of fixed assets
Penerimaan dividen 422,706) 498,815) Dividend received
Akuisisi Entitas Anak (6,550,743) -) Acquisition of Subsidiaries
Arus kas bersih (digunakan untuk) diperoleh dari Net cash flows (used in) provided from
aktivitas investasi (15,113,298) 1,769,853 investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES
Pelunasan atas efek yang diterbitkan (201,000) -) Settlement of securities issued
Penerimaan dari surat berharga yang diterbitkan 1,751,475) -) Proceeds from issuance of securities issued
Pembayaran biaya emisi atas surat berharga yang Payments of emission cost of securities
diterbitkan (9,080) -) issued
Penerimaan dari pinjaman yang diterima 11,793,287) 27,232,047) Proceeds from borrowings
Pembayaran angsuran dan pelunasan pinjaman yang Installment payments and settlement
diterima (5,254,370) (40,071,851) of borrowings
Pembayaran dividen (471,642) (619,140) Dividend paid
Pembayaran pokok liabilitas sewa (74,885) (116,558) Payments of lease liabilities principals
Penjualan saham tresuri ke publik -) 473) Sales of treasury shares to public
Biaya emisi right issue (28,898) -) Rights issue emission fee
Hasil right issue 6,731,742) -) Proceeds from right issue
Arus kas bersih diperoleh dari (digunakan untuk) Net cash flows provided from (used in)
aktivitas pendanaan 14,236,629) (13,575,029) financing activities
244
Page 655
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
LAMPIRAN 4.2 APPENDIX 4.2
PT BANK SMBC INDONESIA Tbk
(DAHULU/FORMERLY PT BANK BTPN Tbk)
ENTITAS INDUK/PARENT ENTITY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
TAHUN BERAKHIR 31 DESEMBER 2024 DAN 2023 YEARS ENDED 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Tahun berakhir 31 Desember/
Years ended 31 December
2024 2023
KENAIKAN (PENURUNAN) BERSIH NET INCREASE (DECREASE) IN
KAS DAN SETARA KAS 3,176,069) (16,012,543) CASH AND CASH EQUIVALENTS
DAMPAK PERUBAHAN SELISIH KURS TERHADAP EFFECT OF EXCHANGE RATE CHANGES ON
KAS DAN SETARA KAS 5,178) (14,462) CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AWAL TAHUN 19,215,658) 35,242,663) BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT THE
SALDO KAS DAN SETARA KAS AKHIR TAHUN 22,396,905) 19,215,658) END OF YEAR
Cash and cash equivalents
Kas dan setara kas akhir tahun terdiri dari: at end of the year consists of:
Kas 777,352) 931,530) Cash
Giro pada Bank Indonesia 8,774,132) 8,613,155) Current accounts with Bank Indonesia
Giro pada bank-bank lain 713,145) 958,732) Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank-bank lain 11,447,705) 8,623,654) other banks
Efek-efek 684,571) 88,587) Securities
22,396,905) 19,215,658)
SUPPLEMENTAL CASH FLOWS
INFORMASI TAMBAHAN ARUS KAS: INFORMATION:
AKTIVITAS YANG TIDAK MEMPENGARUHI ACTIVITIES NOT AFFECTING
ARUS KAS CASH FLOWS
Pembelian aset tetap yang masih terhutang (371) (1,248) Acquisition of fixed assets still unpaid
245
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Good Corporate Governance 2024 Annual Report Charting a New Path PT Bank SMBC Indonesia Tbk CBD Mega Kuningan Jl. Dr. Ide Anak Agung Gde Agung Kav. 5.5 – 5.6 Jakarta 12950 Tel. : +62 21 300 26 200 Faks. : +62 21 300 26 309 smbci.com 408 2024 ANNUAL REPORT PT BANK SMBC INDONESIA TBK
Names mentioned 206 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Sumitomo Mitsui Banking Corporation
p.8 ×11
unresolved
org
Indonesia Stock Exchange
p.20 ×7
unresolved
org
PT Summit Oto
p.21 ×2
unresolved
org
PT Summit Auto Group The Extraordinary General Meeting
p.21
unresolved
org
Bank BTPN Phase I Year
p.21 ×2
unresolved
person
Notary Ashoya Ratam
· Notaris
p.21 ×18
unresolved
org
Ministry of Law and Human Rights
p.21 ×2
unresolved
org
Financial Services Authority
p.21 ×8
unresolved
org
Minister of Law and Human Rights
p.21 ×4
unresolved
org
CHANGES IN SHARE PRICE FROM BANK BTPN Tbk
p.22
unresolved
org
Bank SMBC Indonesia Phase II Year
p.22 ×3
unresolved
org
PT Digital Savvy Communities
p.27
unresolved
org
PT IMG
p.27
unresolved
org
PT Bank BTPN Friends. A
p.28
unresolved
org
PT Asuransi Allianz Life Syariah Indonesia
p.29
unresolved
org
PT Surya Utama Earth.
p.30
unresolved
org
Bank Version Infobank
p.34
unresolved
org
Ministry of SOEs. In
p.35
unresolved
org
SGS United Kingdom Ltd
p.37
unresolved
org
Indonesia Tbk
p.41 ×4
unresolved
org
Bank Indonesia
p.42 ×12
unresolved
org
PT Summit
p.42
unresolved
org
Bank Indonesia’s
p.42
unresolved
org
PT Bank Government United States. There
p.52
unresolved
org
Bank Perekonomian Rakyat
p.55
unresolved
org
Bank Indonesia Technology. In
p.58
unresolved
—
APPRECIATION FOR STAKEHOLDERS
· High appreciation is also given to the employees who
p.59
unresolved
—
its gratitude to
· successfully. The Bank hopes that cooperation with
p.59
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Shareholders for the direction and trust given to manage
· stakeholders, both internally and externally, will improve
p.59
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person
Deputy
· Director
p.60 ×3
unresolved
org
Bank Pensiunan Nasional Tbk
p.70 ×2
unresolved
org
PT Fitch Ratings Indonesia AAA
p.70
unresolved
person
Dr. Ide Anak Agung Gde Agung
p.70 ×4
unresolved
org
Bank Pegawai Pensiunan Militer
p.71 ×2
unresolved
org
PT Bank Tabungan Pensiunan Nasional
p.71 ×6
unresolved
org
Tabungan Pensiunan Nasional Tbk
p.71
unresolved
org
Minister of Law and Human Rights The Bank
p.71
unresolved
org
PT Bank Sahabat Purba Danarta
p.71 ×2
unresolved
org
Bank Sahabat
p.71 ×3
unresolved
org
PT Bank Sumitomo Mitsui
p.71
unresolved
org
Japan’s Sumitomo Mitsui Banking Corporation
p.72
unresolved
org
PT Bank Sumitomo Mitsui Indonesia
p.73 ×3
unresolved
org
PT Kepland Investama
p.73
unresolved
org
PT Kepland
p.73
unresolved
org
Deposit Insurance Corporation
p.73
unresolved
org
Bank Indonesia Certificates
p.74
unresolved
person
Ir. Nathan
p.78
unresolved
org
Bank Certification
p.80 ×2
unresolved
org
Bank Asia History
p.80
unresolved
org
Sanwa Bank Ltd
p.80
unresolved
org
ABN Bank N.V.
p.80
unresolved
org
Bank Educational Background
p.81
unresolved
org
Sumitomo Bank Ltd
p.81 ×2
unresolved
org
PT Bank Sumitomo Educational Background
p.82
unresolved
org
PT Artajasa Pembayaran Elektronis
p.83
unresolved
org
Central Asia Tbk
p.84
unresolved
org
BCA Remittance Sdn Bhd
p.84
unresolved
org
PT Bank Tabungan Pensiunan Institut Teknologi Bandug
p.85
unresolved
org
Nasional Tbk
p.85
unresolved
org
Bank Universal
p.85 ×2
unresolved
org
Bank Subentra
p.85
unresolved
—
SMBC
· Independent Commissioner
p.86
unresolved
org
Bank United Financial
p.87
unresolved
org
PT Bogor Multifinance
p.87
unresolved
org
Bank Susila Bakti
p.87
unresolved
org
SMBC Europe Limited
p.88
unresolved
org
PT Metro Retailmart
p.89
unresolved
org
PT Trans Ice
p.89
unresolved
org
PT CT Corpora Bank Mega
p.89
unresolved
org
PT Bank Sumitomo Mitsui Indonesia Age
p.90
unresolved
org
Herdini & Partners
p.90
unresolved
org
Bank PDFCI Tbk
p.90 ×2
unresolved
org
PT Bank Sumitomo Niaga
p.90
unresolved
org
Bank SMBCI Tbk
p.91 ×5
unresolved
org
SMBCI Tbk
p.91
unresolved
org
PT Bank Tabungan
p.93
unresolved
org
Pensiunan Nasional Tbk
p.93
unresolved
org
Bank Barclays Indonesia Educational Background
p.93
unresolved
org
PT Summit Oto Finance Domicile
p.94
unresolved
org
Bank Australian Graduate School
p.94
unresolved
person
Heru Rustanto
p.97
unresolved
org
PT Bank Central
p.102
unresolved
org
Asia Tbk
p.102
unresolved
org
PT BTPN Syariah Ventura As
p.102
unresolved
org
Japanese Banking Laws. In Sumitomo Mitsui Banking Corporation
p.103
unresolved
org
Sakura Bank Limited
p.104
unresolved
org
PT SMFL Indonesia
p.104
unresolved
org
PT Ina Sekuritas Indonesia
p.104
unresolved
org
PT Nikko Sekuritas Indonesia
p.104
unresolved
org
PT SBCS Indonesia. For
p.104
unresolved
org
Barclays Capital Securities Limited
p.105
unresolved
org
Citigroup Global Market Ltd
p.105
unresolved
org
Cayuga Pacific Group Limited
p.105
unresolved
org
PT. Timur Nusa Niagajaya
p.105
unresolved
org
PT BTPN Syariah Ventura Ownership
p.107
unresolved
org
PT Bank BTPN Sharia Banking
p.107
unresolved
org
Syariah Tbk
p.107 ×2
unresolved
person
KH.Z.
p.108
unresolved
person
KH. Tb. A.
p.108
unresolved
person
Prof. M. Yamin
p.109 ×3
unresolved
person
DR. Sam Ratulangi
p.110
unresolved
person
Ir. H. Juanda
p.110
unresolved
person
K.H. Zainul Arifin
p.110
unresolved
org
Siddharta Widjaja & Rekan
p.112
unresolved
org
Siddharta Widjaja
p.112
unresolved
org
KPMG International Limited
p.112
unresolved
—
Assigngment Period
p.112
unresolved
org
Non-Audit Services Provided
p.112 ×4
unresolved
org
PT Datindo Entrycom
p.113
unresolved
org
PT Fitch Ratings Indonesia DBS Bank Tower
p.113
unresolved
org
PT Pemeringkat Efek Indonesia
p.113
unresolved
person
Circular Decree
· Chairman
p.335 ×6
unresolved
person
Muhamad Faiz
· Member
p.335
unresolved
—
Doddy Susanto
· Member
p.335
unresolved
—
Sofyan Rambey
· Member
p.335
unresolved
person
Sirkuler
· Member
p.335 ×2
unresolved
org
PT Indosat Mega Media Mobile
p.335
unresolved
org
PT Satelindo
p.335
unresolved
org
Bank Restructuring Agency
p.335
unresolved
org
Minister of Law and Human Administrasi
p.422
unresolved
org
Menteri Hukum dan Hak Asasi
p.422 ×4
unresolved
org
Minister of Laws and Human Rights
p.422 ×2
unresolved
person
Yumna SH
· Notaris
p.422 ×2
unresolved
person
Shabrina
p.422
unresolved
person
Ratam
p.422 ×2
unresolved
org
Menteri
p.422 ×2
unresolved
org
PT BTPN SYARIAH
p.432 ×4
unresolved
org
PT BANK BTPN SYARIAH Tbk’s
p.432
unresolved
person
Hadijah S.H.
p.432
unresolved
org
Kementerian
p.432
unresolved
org
Ministry of Law and Human Rights of Republic Hak Asasi Manusia Republik Indonesia
p.432
unresolved
org
BANK SYARIAH Tbk
p.435 ×2
unresolved
org
PT BTPN SYARIAH VENTURA
p.437 ×4
unresolved
org
Ministry of Law and Human dan Hak Asasi Manusia Republik Indonesia
p.437
unresolved
org
PT BTPN SYARIAH VENTURA VENTURA
p.437
unresolved
org
Corporation
p.581 ×2
unresolved
org
Bank SMBCI SMBCI
p.606
unresolved
org
FORMERLY PTBANK BTPN Tbk
p.628 ×2
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