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Page 1
2024
A N N UA L- R E P O R T
#GrowWithDANAMONGROUP
Providing Sustainable Holistic Financial Solutions
with Local and Global Partners
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
#TumbuhBersamaDANAMONGROUP
(#GrowWithDANAMONGROUP)
Providing Sustainable Holistic Financial Solutions
with Local and Global Partners
2024
A N N UA L- R E P O R T
Theme Description
Together with its parent Company, group In parallel, we continue to focus on optimizing
members, and strategic partners, PT Bank our business by building a foundation in IT
Danamon Indonesia Tbk (Danamon/Bank) is infrastructure and digital fields, where Danamon
committed to transforming into one financial currently offers the D-Bank PRO application
group becoming trusted financial partner that (Digital Banking for Individual Customers) and
consistently innovates and is customer-oriented. Danamon Cash Connect (Digital Banking for
In efforts to achieve this strategic goal, Danamon Business Customers).
continues to provide innovations that can help
meet financial needs and deliver comprehensive Through a transformation alongside its parent
financial solutions for customers and grow our Company and strategic partners, Danamon is
business in alignment with the long term interest committed to becoming top financial groups
of our employees, shareholders and regulators. in Indonesia, offering comprehensive financial
solutions to customers across all segments: Retail,
In an effort to provide comprehensive financial Small and Medium Enterprises, and Corporate,
solutions, Danamon’s strategic priorities include enabling everyone to Grow Together with
building dominance in targeted ecosystems such Danamon Group.
as the automotive ecosystem, the Hajj and Umrah
ecosystem, and other ecosystems. Danamon is Danamon’s foundations are also strengthened
also supported by the unique value proposition of through enhancement in our branding, branch
its parent Company, group members, and strategic office network and human resouces.
partners with both global and local networks.
ii PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
2023 ANNUAL REPORT
#TumbuhBersamaDANAMON
Transforming and innovating for the future
Serving as a caring and enabling force for millions of customers, employees, and society at large,
Danamon has been instrumental in empowering our stakeholders to grow and prosper.
As Danamon celebrate its 67th anniversary, Danamon remains strong in its commitment to
#tumbuhbersama. Throughout the year, we have therefore continued to transform and innovate in
order to provide the holistic financial products, services, and solutions for individuals and businesses
across Indonesia, to create value and enabling our customers, employees, and the broader community
to advance.
These efforts reflect our belief that the ultimate key to Danamon’s success is to enable the
long-term well-being of the people we serve. So that we can grow and prosper together, today, and
tomorrow.
2022 ANNUAL REPORT
#BersamaBersinergi
Delivering Comphensive Finacial SolutIon
Synergy is an ideal form of collaboration, in which every involved party gains benefit from the
collaboration. The phrase Bersama Bersinergi was chosen as Danamon Annual Report’s theme for
2022, because Danamon aims to create an ecosystem where every stakeholder can grow, not only
Danamon itself, but also customers and collaboration partners.
With the goal of becoming the Bank of choice, the synergies formed between Danamon, Adira Finance
and MUFG are built to create comprehensive financial solutions for every type of customers. Danamon
is optimizing the comprehensive financial solution by utilizing its hybrid network of partner ecosystems
in various industry sectors, including the automotive and real estate ecosystems.
In 2022, Danamon’s strategy focuses in developing sustainable partnerships. On one hand, business
collaboration with MUFG and digital partnerships are being utilized to expand the market reach. While
at the same time, Danamon also focuses on collaborative efforts with Danamon employees and various
elements of the community such as the digitalization, carbon emission reduction programs, and
supports to community welfare.
With #BersamaBersinergi, Danamon consistently presents comprehensive financial solutions that are
innovative and relevant to evolving customer needs and preferences, both individual and Corporate
customers in Indonesia, in every economic segment and customer’s stage of life.
2021 ANNUAL REPORT
Enabling Customers Through Continuous and
Colalaboration
Danamon’s success in navigating the pandemic throughout 2021 is the implementation of appropriate
business strategy supported by collaborative and innovative culture as well as strong and sustainable
support from MUFG as our controlling shareholder. The pandemic period that we faced in the previous
year encouraged Danamon to innovate and accelerate Digital Banking and Financial Services for
Conventional, Sharia Banking and its subsidiaries. D-Bank PRO, Waqaf and Adiraku Digital Banking and
Financial Services developed with features based on the customer needs are able to leverage business
opportunities while creating more interactions with customers and prospective customers in all business
segments. As a result, we were able to achieve a solid performance in the time of pandemic by always
prioritizing excellent customer service, implementing best practices of Corporate governance while
maintaining a harmony between economic, social and environmental aspects.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 1
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TABLE OF CONTENTS
#GrowWithDANAMONGROUP 77 Sharia Supervisory Board Profile
ifc Providing Sustainable Holistic Financial Solutions with
80 Independent Parties Profile
Local and Global Partners
82 Employee Demographic
2 Table of Contents
86 Shareholders Composition
Total Shareholders and Shareholding Percentage as of The
87
End of The Year by Classification
FINANCIAL
4
88 Share Listing Chronology
HIGHLIGHTS 89 Timeline of Other Securities Listings
90 Majority & Controlling Shareholders
6 2024 Consolidated Financial Highlights
91 Corporate Group Structure
8 Financial Highlights
93 Public Accountant & Public Accountant Firm
11 Sharia Highlights
93 Capital Markets Supporting Institutions Professionals
13 Shares Highlights
94 Award & Certification
14 Information About Bonds
15 Credit Ratings
16 Important Events MANAGEMENT
DISCUSSION & 96
MANAGEMENT ANALYSIS
REPORT
18 98 Macroeconomic Overview & Banking Industry Prospect
100 Strategic Review
20 Report from The Board of Commissioners 102 Business Segment Operational Review
26 Board of Commissioners 103 Enterprise Banking
28 Report from The Board of Directors 104 Treasury & Capital Market
34 Board of Directors 106 Transaction Banking
36 Report from The Sharia Supervisory Board 108 Small Medium Enterprise Banking
37 Sharia Supervisory Board 110 Consumer Banking
38 Declaration of Responsibility for Annual Report 112 Sharia Banking
114 Group Marketing
117 PT. Adira Dinamika Multi Finance, Tbk.
COMPANY
PROFILE
42 120 Financial Review
44 Danamon at A Glance
45 Corporate Identity OPERATIONAL
46 Operational Areas
REVIEW
136
47 Vision & Mission
Corporate Values 139 Risk Management
48
Corporate Logo 276 Human Capital Management
49
Core Business 281 Information Technology
50
Milestones 283 Operations
52
54 Organization Structure
62 Board of Commissioners Profile
68 Board of Directors Profile
2 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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420 Integrated Corporate Governance
CORPORATE
GOVERNANCE
286 421 Integrated Corporate Governance Implementation Report
428 Integrated Compliance Work Unit
289 Corporate Governance 430 Integrated Internal Audit Working Unit
291 Structure and Mechanism of Corporate Governance 431 Implementation of Integrated Risk Management
295 Danamon’s Corporate Governance Implementation Report Self-Assessment of The Implementation of Integrated
433
General Meeting of Shareholders Governance in 2024
296
Implementation of The Asean Corporate Governance
304 Board of Commissioners 434
Scorecard
317 Committees Under The Board of Commissioners
443 Sharia Business Unit (UUS) Governance
341 Board of Directors
444 Corporate Governance Shariah Business Unit (iB Unit)
360 Committees Under The Board of Directors
Affiliated Relationships and Affiliated Transactions for The
372 Board of Directors, Board of Commissioners and Major
SUSTAINABILITY
373
Shareholders
Corporate Secretary REPORT 462
376 Bank Compliance Function
464 Sustainability Performance Highlights
The Implementation of Anti Money Laundering (AML),
Counter Terorism Financing (CFT), and Counter 467 Sustainability Governance
382
Proliferation of Weapon of Mass Destruct Financing 469 Sustainability Strategy
Programs (CPF)
476 Creating Bigger Impact
386 Internal Audit Working Unit (IAU)
482 Minimizing Environmental Impact
391 Company Accountant/ External Auditor
489 Giving More, Growing Together
393 Risk Management
497 Product Innovation and Development
394 Provision of Funds To Related Parties and Large Exposures
503 Sustainability Report Profile
395 Internal Control System
504 Independent Sustainability Report Verification
Legal Issues and Significant Cases Faces by The
396 Company, Its Subsidiaries, Members of The Board of
Directors and/or Commissioners
CORPORATE
505
397 Significant Cases Against Danamon
398
Transparency of Bank’s Financial and Non-Financial
Condition
DATA
399 Remuneration Policy 506 Products and Services
403 Bank’s Shares Buy Back and Bond Buy Back 520 Senior Executive Officers & Executive Officers
404 Transactions with Conflicts of Interest 524 Branches Offices & Sharia Branches
404 Bank’s Strategic Plan List of Disclosures in Accordance with Financial Services
536
Authority Regulation Number 51/POJK.03/2017
404 Implementation of Sustainable Finance
538 GRI Content Index
405 Company Information Access
Sustainability Accounting Standards Board (SASB) Index
405 Investor Relations 540
for Commercial Banks
406 Corporate Comunications 541 Indonesia Stock Exchange ESG Metrics
407 Service Excellence & Customer Care 542 Independent Assurance Statement
410 Corporate Culture 544 Feedback Sheet
411 Code of Conduct
FINANCIAL
545
412 Anti-Bribery and Anti-Corruption Policy
413 Anti-Fraud Policy
STATEMENTS
413 Internal Fraud
545 Financial Statements
414 Whistleblowing System
Implementation of GCG Guidelines for Public
415
Companies
PT Bank Danamon Indonesia Tbk 2024 Annual Report 3
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4 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
FINANCIAL
HIGHLIGHTS
PT Bank Danamon Indonesia Tbk 2024 Annual Report
PT Bank Danamon Indonesia Tbk 2024 Annual Report 5
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2024 CONSOLIDATED
FINANCIAL HIGHLIGHTS
Sustainable
NPAT
Rp
Reached 3.2 Trillion
Reached Record
High in Loan
Rp
185.8
Total loans grew by 7% YoY to
Trillion
Rp185.8 trillion, supported by growth
in Enterprise Banking & Financial
Institution, SME, and Consumer.
6 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
1.9 % Asset Quality
Remains Healthy
Gross NPL stood at 1.9% in 2024, showing an
improvement from 2.2% in the previous year.
Robust
Loan Loss Coverage
Reached 287.2 %
PT Bank Danamon Indonesia Tbk 2024 Annual Report 7
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FINANCIAL
HIGHLIGHTS
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in Rp billion)
Description 2024 2023 2022
Assets 242,334 221,305 197,730
Securities - gross 12,919 3,615 2,964
Government Bonds 18,699 16,318 18,786
Loans – Gross a) 185,786 172,919 144,900
Investments in Shares 477 467 82
Deposits from Customers & Other Banks b) 154,774 141,444 127,355
Total Funding c) 177,107 156,484 137,189
Total Liabilities 190,508 171,345 150,251
Total Equity 51,826 49,959 47,478
Number of Shares Issued and Fully Paid (in unit) 9,773,552,870 9,773,552,870 9,773,552,870
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
(in Rp billion)
Description 2024 2023 2022
Net Interest Income 15,605 15,216 14,120
Other Operating Income – Net 4,627 4,260 3,930
Other Operating Expenses 15,991 14,695 13,459
Net Operating Income 4,240 4,782 4,591
Non-Operating Expense - Net (57) (88) (187)
Income before Tax Expense 4,184 4,694 4,405
Income Tax Expense 893 1,036 975
Net Income 3,291 3,658 3,430
Net Profit Attributable to Equity Holders of the Parent Entity 3,179 3,504 3,302
Net Profit Attributable to Non-Controlling Interests 112 154 128
Comprehensive Income Attributable to Equity Holders of the
3,057 3,549 2,746
Parent Entity
Comprehensive Income Attributable to Non-Controlling
112 150 134
Interests
Basic Income per Share (Full Amount) 325 359 338
8 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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OTHER COMPREHENSIVE INCOME
(in Rp billion)
Description 2024 2023 2022
Remeasurement of post employment benefit obligation 15 (126) 1
Available for Sale Financial Assets:
1. Changes in fair value in Current Year (122) 188 (564)
2. Amount Transferred to Profit or Loss in Respect of Fair Value
(12) (16) (201)
Change
Changes in Fair Value of Cashflow Hedge (14) 3 74
Income Tax Related to Other Comprehensive Income 32 (39) 152
Total Comprehensive Income 3,170 3,698 2,880
FINANCIAL RATIOS
Key Financial Ratios (%) 2024 2023 2022
Capital
Capital Adequacy Ratio (CAR) 26.2 27.5 26.3
Tier 1 Ratio 25.2 26.5 25.5
Tier 2 Ratio 1.0 1.0 0.9
Asset to Equity (x) 4.7 4.4 4.2
Earning Assets
Non-Performing Earning Assets and Non-Productive Assets to Total
1.0 1.3 1.4
Earnings and Non Productive Assets
Non-Performing Earning Assets to Total productive Assets 1.0 1.2 1.3
Non-Performing Loans (NPL) to Total Loans - Gross 1.9 2.3 2.6
Non-Performing Loans (NPL) to Total Loans - Nett 0.2 0.2 0.2
Allowance for Impairment Losses for Financial Assets to Productive
4.1 4.6 4.6
Assets
Loan Loss Coverage 287.2 265.9 230.8
Rentability
Return On Average Assets (ROAA) Before Tax 1.8 2.3 2.3
Return On Average Assets (ROAA) After Tax 1.4 1.7 1.7
Return On Average Equity (ROAE) 7.1 8.3 8.3
Debt to Assets 0.8 0.8 0.8
Debt to Equity 3.7 3.4 3.2
PT Bank Danamon Indonesia Tbk 2024 Annual Report 9
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FINANCIAL RATIOS
Key Financial Ratios (%) 2024 2023 2022
Net Interest Margin (NIM) 7.0 7.7 7.7
Cost to Income 54.1 51.6 50.1
Operating Expense to Operating Income (BOPO) 79.9 75.7 72.9
Cost of Funds 4.3 3.5 2.4
Liquidity
Loan to Deposit Ratio (LDR) 96.5 96.6 91.0
CASA Ratio 41.7 52.3 63.9
Compliance
1. a. Percentage of Violation of Legal Lending Limit
a.1. Related Parties - - -
a.2. Third Parties - - -
b. Percentage of Excess of Legal Lending Limit
b.1. Related Parties - - -
b.2. Third Parties - - -
2. Statutory Reserve Requirement d)
a. GWM Primary IDR
I. Daily 0.0 0.0 0.0
ii. Average 7.0 7.1 7.9
b. GWM Foreign Currency (Daily) 2.0 2.0 2.0
3. Net Open Position 1.7 0.9 1.4
Others
Total Employees e) 25,646 25,995 26,184
Total Branches e)
863 861 879
Total ATMs & CRMs 1,043 1,255 1,408
Note:
a) Including loans, receivables from consumer financing and lease receivable from Adira Finance.
b) Including customers deposit and deposit from other Banks.
c) Including deposit, bonds, and borrowings.
d) In line with PBI No. 22/3/PBI/2020 and PADG No. 22/10/PADG/2020 about Minimum Reserve Requirement in Rupiah and Foreign Currency for Convention
Commercial Banks (BUK), Sharia Commercial Banks (BUS) and Sharia Business Units (UUS).
e) Including Adira Finance
10 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
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SHARIA HIGHLIGHTS
(In Rp million)
Net Revenue Sharing
Funds Owner Share
Average
Revenue Sharing Total Profit
Type of Funds Raiser Balance Ratio (%) Rate of Return (%)
Sharing
A B C D E=(D/A x 100%) x 12
1. Liabilities to Other Banks - - - - -
2. Mudharabah Current Account
a. Bank 129,394 1,099 10 110 1.02
b. Non-Bank 996,994 8,468 19 1,571 1.89
3. Mudharabah Savings Account
a. Bank 161,122 1,368 13 178 1.33
b. Non-Bank 991,227 8,425 7 613 0.74
4. Mudharabah Time Deposits
a. Bank
- 1 Month 24,215 206 25 51 2.53
- 3 Months 33,202 282 25 70 2.53
- 6 Months - - - - -
- 12 Months 26,193 222 25 56 2.57
b. Non-Bank
- 1 Month 1,526,029 12,961 25 3,240 2.55
- 3 Months 2,126,199 18,058 25 4,515 2.55
- 6 Months 871,136 7,399 25 1,850 2.55
- 12 Months 493,008 4,187 25 1,047 2.55
5. Received Financing - - - - -
Total 7,379,419 62,675
Received
Average Balance
Types of Funds Disbursement Revenues
A B
1. Placement with Other Banks - -
2. Murabahah Receivables
a. Bank - -
b. Non Bank 7,682,359 70,969
3. Istishna Receivables
a. Bank - -
b. Non Bank - -
4. Multi Service Receivables
a. Bank - -
b. Non Bank - -
5. Pawn Financing
a. Bank - -
b. Non Bank - -
6. Mudharabah Financing
a. Bank 90,766 695
b. Non Bank 2,647,763 8,912
7. Musyarakah Financing
a. Bank - -
b. Non Bank 3,063,886 8,457
8. Lease Financing
a. Bank - -
b. Non Bank 903,495 7,149
9. Other Financing
a. Bank - -
b. Non Bank 576 -
Total 14,388,845 96,182
PT Bank Danamon Indonesia Tbk 2024 Annual Report 11
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STATEMENT OF SOURCES AND DISBURSEMENT OF ZAKAT AND WAQF FUNDS
(in Rp million)
No DESCRIPTION 31 DEC 24 31 DEC 23 31 DEC 22
A. Source and Disbursement of Zakat Funds
1. Zakat Funds Derived from:
a. Internal Sharia Business Unit (UUS) - - -
b. External Sharia Business Unit (UUS) 821 682 1,133
Total Acquisition 821 682 1,133
2. Disbursement of Zakat Funds to Zakat Administrator Entities
a. Amil Zakat Institutions 785 489 2,406
b. Amil Zakat Agency 1 1 1
Total Disbursement 786 490 2,407
B. Source and Disbursement of Waqf Funds
1. Acquisition of Waqf Funds Deriving From:
a. Internal Sharia Business Unit (UUS)
b. External Sharia Business Unit (UUS) 9,089 9,036 15,191
Total Acquisition 9,089 9,036 15,191
2. Disbursement of Waqf Funds to Waqf Administrator Entities
a. Indonesia Waqf Agency 33 733 1,045
b. Other Nadzir1) Yayasan Pesantren 5,457 3,788 5,112
c. Other Nadzir DD Republika Wakaf
2)
2,823 2,274 8,274
d. Other Nadzir Yayasan DD Republika
2)
1,973 - -
e. Others3) Nadzir2) Yayasan Darut Tauhid - 600 -
f. Others3) 333 413 -
Total Disbursement 10,619 7,808 14,431
Description:
1) To state the name of Institution or parties as nadzir, where UUS disbursed at least 5% from total disbursement of waqf funds
2) If there is more than 1 and the most 20 nadzir, where the UUS disbursed at least 5%, to state the name of Institutions or said parties.
3) All nadzir where UUS disbursed less than 5% from total disbursement of waqf funds.
STATEMENT OF SOURCES AND USAGE OF BENEVOLENCE FUNDS
(in Rp million)
No DESCRIPTION 31 DEC 24 31 DEC 23 31 DEC 22
1. Beginning Balance of Benevolence Funds 1,143 2,072 1,560
2. Acquisition of Benevolence Fund - - -
a. Infaq & Alms 70 90 314
b. Repayment of Productive Benevolence Funds
c. Fines 780 863 759
d. Non-Halal Acquisition - - -
e. Others - - -
Total Acquisition 850 953 1,073
3. Usage of Benevolence Funds
a. Productive Benevolence Funds - - -
b. Donations 982 1,882 561
c. Other Usage for Common Interests - - -
Total Usage 982 1,882 561
4. Increase (Decrease) of Benevolence Funds Source (132) (929) 512
5. Ending Balance of Benevolence Funds 1,011 1,143 2,072
12 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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SHARES
HIGHLIGHTS
2024
Share Price (Rp) Market
Highest Lowest Closing Average Capitalization
(Rp Million)
First Quarter 3,010 2,740 2,980 2,879 29,125,187
Second Quarter 2,950 2,050 2,580 2,642 25,215,766
Third Quarter 2,690 2,460 2,600 2,596 25,411,237
Fourth Quarter 2,630 2,510 2,540 2,568 24,824,824
2023
Share Price (Rp) Market
Highest Lowest Closing Average Capitalization
(Rp Million)
First Quarter 2,970 2,510 2,700 2,749 26,388,592
Second Quarter 2,960 2,740 2,820 2,813 27,561,419
Third Quarter 3,280 2,830 2,860 3,007 27,952,361
Fourth Quarter 2,870 2,630 2,780 2,751 27,170,476
SHARE PRICE MOVEMENT CHART
Chart of Trading Volume and Closing Price of Shares Throughout 2024 & 2023
Share Price (Rp) Volume (Shares)
3,500 16,000,000
14,000,000
3,000
12,000,000
2,500
10,000,000
2,000
8,000,000
1,500
6,000,000
1,000
4,000,000
500
2,000,000
0 0
Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23
Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24
2024 Share Price (Rp) Volume (shares)
2023 Share Price (Rp) Volume (shares)
PT Bank Danamon Indonesia Tbk 2024 Annual Report 13
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INFORMATION ABOUT BONDS
For the period ended on 31 December 2024, Danamon did not conduct listing of bonds, sukuk or conventible
bonds, and other secuirities. Therefore, the Company did not present any information regarding the total number of
outstanding bonds, sukuk or conventible bonds, interest rate/yield, maturity date, or bond ratings.
Corporate bonds that had been issued and not yet matured as of 31 December 2024 are as follows:
Effective Interest
Amount
Debt Securities Notification Letter Number Trustee Payment
(in million Rp)
Date Schedule
Adira Finance Continuing Bonds V June 2020 No. S-182/D.04/2020 1,700,000 PT Bank Negara Quarterly
Phase III Year 2022 (Continuing Bonds V Indonesia (Persero)
Phase III) Tbk.
Adira Finance Continuing Bonds VI June 2023 No. S-164/D.04/2023 1,700,000 PT Bank Negara Quarterly
Phase I Year 2023 (Continuing Bonds VI Indonesia (Persero)
Phase I) Tbk.
Adira Finance Continuing Bonds VI June 2023 No. S-164/D.04/2023 1,250,000 PT Bank Negara Quarterly
Phase II Year 2023 (Continuing Bonds VI Indonesia (Persero)
Phase II) Tbk.
Adira Finance Continuing Bonds VI June 2023 No. S-164/D.04/2023 1,600,000 PT Bank Negara Quarterly
Phase III Year 2024 (Continuing Bonds VI Indonesia (Persero)
Phase III) Tbk.
Adira Finance Continuing Bonds VI June 2023 No. S-164/D.04/2023 2,000,000 PT Bank Negara Quarterly
Phase IV Year 2024 (Continuing Bonds VII Indonesia (Persero)
Phase IV) Tbk.
Adira Finance Continuing Sukuk June 2020 No. S-182/D.04/2020 300,000 PT Bank Negara Quarterly
Mudharabah IV Phase III Year 2022 Indonesia (Persero)
(Continuing Sukuk Mudharabah IV Tbk.
Phase III)
Adira Finance Continuing Sukuk June 2023 No. S-164/D.04/2023 300,000 PT Bank Negara Quarterly
Mudharabah V Phase I Year 2023 Indonesia (Persero)
(Continuing Sukuk Mudharabah V Phase I) Tbk.
Adira Finance Continuing Sukuk June 2023 No. S-164/D.04/2023 300,000 PT Bank Negara Quarterly
Mudharabah V Phase II Year 2023 Indonesia (Persero)
(Continuing Sukuk Mudharabah V Phase II) Tbk.
Adira Finance Continuing Sukuk June 2023 No. S-164/D.04/2023 400,000 PT Bank Negara Quarterly
Mudharabah V Phase III Year 2024 Indonesia (Persero)
(Continuing Sukuk Mudharabah V Tbk.
Phase III)
14 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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CREDIT
RATINGS
Pefindo Outlook Stable
May 2024 Corporate Rating idAAA
Fitch Rating Outlook Stable
October 2024 LT Issuer Default Rating BBB
ST Issuer Default Rating F2
National Long Term AAA (idn)
National Short Term F1+ (idn)
Shareholder Support Rating bbb
Viabillity Rating bb+
PT Bank Danamon Indonesia Tbk 2024 Annual Report 15
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IMPORTANT EVENTS
Bridestory Market Indonesia International Motor Danamon Syariah Travel Fair
Show 2024 2024
Danamon as the main sponsor in the
Bridestory Market 2024, in line with Danamon together with Adira Finance, Danamon Syariah presents Danamon Syariah
Danamon’s commitment to grow with supported by MUFG, are back to support Travel Fair 2024, helping customers fulfill
its customers. Danamon offers various IIMS 2024 as the Official Bank Partner and their Hajj and Umrah pilgrimages. DSTF
comprehensive financial solutions to help Official Multifinance Partner for the third 2024 presents various inspiring and
customers create their dream weddings. time. informative activities such as financial
products with Sharia principles, and presents
1-4 February 2024 Jakarta: 15 February 2024 14 Hajj & Umrah travel agents and also 19
Surabaya: 30 May 2024 F&B and lifestyle partners.
21 March 2024
Danamon as Bank Persepsi of DXPO 2024 by Danamon Grow With Danamon Group
BPJS Ketenagakerjaan Danamon held DXPO by Danamon as Together with MUFG as the parent
part of its 68th anniversary celebration. company and group members and its
Danamon is committed to provide the Danamon was present to showcase the strategic partners Danamon is committed to
best service in facilitating the collection extensive network of Danamon and its group continuously transform as a financial group
of contributions and payment of claims members, which offer holistic financial to become a trusted financial partner that
to all customers and the community who solutions tailored to customer needs. is customer-centric and always innovates,
are participants of BPJS Ketenagakerjaan. in order to meet the needs of shareholders,
This commitment was formalized in a Jakarta: 18 - 21 July 2024 customers, employees, and regulators by
memorandum of understanding signed by providing comprehensive financial solutions
Danamon and BPJS Ketenagakerjaan. Makassar: 22 - 25 August 2024 so that they can grow together.
3 June 2024 22 July 2024
16 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
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Danamon Golf Event Danamon Present Danamon MUFG N0W (Net Zero World)
Danamon held the Danamon Golf Event
LEBIH PRO as Multi-Currency MUFG Bank Ltd. (MUFG) in collaboration
2024 as a form of Danamon’s appreciation Account with Danamon hosted the inaugural MUFG
for the loyalty and trust of its Corporate Net Zero World (MUFG N0W) event in
customers. Danamon introduced Danamon LEBIH PRO, Jakarta. MUFG N0W is the Bank’s flagship
which provides 9 currencies in 1 saving thought leadership and engagement event in
27 July 2024 account. Asia Pacific, aimed at engaging stakeholders
from policymakers, business leaders,
28 August 2024 to industry experts in supporting Asia’s
sustainability agenda.
14 September 2024
Krungsi ASEAN Link Forum Danamon Launches Danamon and
Signing of MOU between Krungsi and MUFG
DAYATARA Program to Muhammadiyah Central
together with Danamon, Vietin Bank and Support Equality and Leadership Strengthen
Security Bank to enhance the capability Inclusion of Persons with Cooperation
of Krungsri ASEAN Link as a cross-border
business advisory to create an ecosystem Disabilities in the Workforce through MoU Signing
that supports customers in developing their Renewal
business in ASEAN. In an effort to support diversity and a culture
of inclusion in the workplace, Danamon Danamon renewed its MoU with the
17 September 2024 launched the Danamon Berdaya Mengusung Muhammadiyah Central Board to enhance
Kesetaraan (DAYATARA) program. This cooperation in education, health, finance,
program is designed as a form of Danamon’s and philanthropy. The cooperation, which
commitment to implementing the principles has been ongoing since 2012, aims to
of Diversity, Equity, and Inclusion (DEI), support Muhammadiyah’s renewal initiatives
especially for people with disabilities. through holistic Banking services, with
the hope of bringing great benefits and
1 October 2024 improving the welfare of the community.
23 October 2024
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MANAGEMENT
REPORT
PT Bank Danamon Indonesia Tbk 2024 Annual Report
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REPORT FROM THE
BOARD OF COMMISSIONERS
Yasushi Itagaki
PRESIDENT COMMISSIONER
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“Marking its 68th anniversary, Danamon executed
its strategic direction to grow as a financial group
through a series of collaborations with MUFG, Adira
Finance, Home Credit Indonesia, Mandala Finance,
and Zurich Asuransi Indonesia.”
DEAR VALUED SHAREHOLDERS AND
STAKEHOLDERS,
Supported by strong group synergy and its global and expanded, albeit at slower rates, by 6.8% YoY and
local networks, Danamon has managed to continue 3.9% YoY, respectively, whereas non-performing loans
recording solid growth in lending and funding with remained unchanged at 2.2% at the end of December
sustainable profitability while maintaining a healthy 2024.
asset quality despite global economic uncertainties and
a challenging business landscape. ASSESSMENT OF THE BOARD OF DIRECTORS’
PERFORMANCE
Marking its 68th anniversary, Danamon executed its In the view of the Board of Commissioners, the Board
strategic direction to grow as a financial group through of Directors managed Danamon effectively throughout
a series of collaborations with MUFG, Adira Finance, 2024, overcoming the various challenges from both
Home Credit Indonesia, Mandala Finance, and Zurich the economy and the industry. This success reflects a
Asuransi Indonesia. combination of factors, including strong collaboration
and business synergy between Danamon and the MUFG
MACROECONOMY IN 2024 ecosystem, alongside the Bank’s strategic direction to
The growth of the global economy slightly slowed grow as a financial group.
to 3.2% in 2024, down from 3.4% a year earlier.
Geopolitical dynamics and elevated interest rates Under the guidance of the Management, Danamon
were the main catalysts behind the slowdown. Global achieved solid growth in lending and funding while
and domestic headline inflation, however, have mostly maintaining a sustainable profitability and healthy asset
moderated, leading to a shift in monetary policy from quality, despite the high-interest rate environment.
tight to accommodative, marked by rate cuts by the Foundation-building initiatives continued with
U.S. Federal Reserve and Bank Indonesia. The Fed cut improvements in terms of branding, investments in IT
a total of 100 bps, while BI cut once by 25 bps. infrastructure, digital, branch networks, and people
capabilities. These initiatives aim to deepen customer
Domestically, the Indonesian economy retained its engagement and expand customer reach.
growth rate of 5.0% YoY in 2024, maintaining its growth
achieved in 2023. Meanwhile, the rupiah weakened Overall, as of the end of December 2024, these
to Rp15,950/USD by the end of 2024 compared to initiatives combined with support from MUFG have
Rp15,439/USD at the end of 2023. In the banking resulted in a strong total loan portfolio growth of 7%
industry, total outstanding loans and third-party funds YoY to Rp185.8 trillion, and Total Funding deposits grew
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by 13% YoY to reach Rp177.1 trillion, both of which were Danamon collaborated with MUFG Innovation Partners
record levels for Danamon. Meanwhile, the CASA ratio Co., Ltd. (MUIP) and MUFG Bank Ltd. (MUFG) to
stood at 41.7%, while the NPL ratio improved to 1.9%. establish the MUIP Garuda Fund in 2023 as part of
Capital Adequacy Ratio (CAR) continued to be strong at the Bank’s commitment to support Indonesia’s fintech
26.2%, well above the regulatory minimum. start-ups and to expand the digital collaboration
ecosystem between these start-ups and Danamon or
Danamon’s strong foundations are reflected in its Adira Finance. To date, the Garuda Fund has invested
ratings. Fitch Ratings affirmed Danamon’s National in P2P lending, insurtech, and cross-border payment
Long-Term Rating at AAA(idn)/Stable, and also service companies.
affirmed the Bank’s Long-Term Issuer Default Rating
(IDR) at BBB/Stable. In addition, Pefindo – Indonesia’s Danamon’s commitment to continuous improvement is
rating agency – has maintained its rating for Danamon reflected in both its branch transformation and digital
at idAAA/Stable. Both agencies assigned to Danamon banking development. Throughout 2024, across 37
the highest corporate rating available for Indonesia. cities in Indonesia, 41 more branches were transformed
Danamon is also listed as a constituent of IDX-Pefindo to adopt new concepts in a bid to deepen customer and
Prime Bank Index since 2023. The index consists of 10 community relationships. The Bank also continued to
bank issuers with investment grade ratings. improve its customer engagement thru Digital Banking
Apps, D-Bank PRO, by launching more than 30 new
OVERSIGHT OF STRATEGY IMPLEMENTATION features developed in an Agile Way of Working. Through
The Board of Commissioners, in close coordination with these initiatives, Danamon awarded as “Indonesia Best
the Board of Directors, oversaw the formulation and CX-EX Strategy Award 2024” showing Danamon’s
implementation of the Bank’s strategies and policies. commitment in integrating a holistic customer
We provided input and advice for the preparation of the experience through a branch transformation program.
Bank’s Business Plan, along with periodically reviewing Furthermore, the number of engaged users of D-Bank
its implementation to ensure that everything was on PRO increased by 14% YoY. These achievements,
track and the Bank was in line for achieving the targets. reflecting the tangible benefits of the Bank’s integrated
physical and digital strategy.
In 2024, Danamon recorded growth in its four business
engines as a result of continued focus on collaborative Despite a 14.7% sales decline in the 4-wheel automotive
efforts and synergies within the MUFG ecosystem, industry, Adira Finance has managed to maintain its loan
increasing business penetration in target ecosystems portfolio size through diversification into Multi-Purpose
– particularly Automotive, Hajj and Umroh, Education, Loans backed by automotive collateral. By the end of
and Real Estate through Japanese developers – and December 2024, Adira Finance’s total loans stood at
advancing the digital transformation on its products and Rp56.0 trillion, a slight increase compared to the same
services. Enterprise Banking and Financial Institutions period a year earlier. Strong collaboration between
(EBFI) loan portfolio increased by 10% YoY to Rp87.1 Danamon and Adira Finance has been instrumental in
trillion – including trade finance and marketable helping the Danamon Group to continue expanding in
securities. SME loans also expanded by 12% YoY to automotive ecosystems.
Rp25.4 trillion, and Consumer loans remained robust
and stood at Rp20.9 trillion or 19% higher than previous In early 2024, MUFG and Adira Finance completed
year. Adira Finance maintain its loans at Rp56.0 trillion, the acquisition of Mandala Finance. The acquisition is
despite the subdued performance of the automotive meant to further strengthen Adira Finance’s position in
industry in 2024. the multi-finance industry.
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BUSINESS OUTLOOK The Board of Commissioners has consistently assessed
The Board of Commissioners observed that the world the Bank’s GCG practices as “Good” through regular
economic outlook for 2025 will remain challenging, self-assessments which were conducted every six
mainly due to prolonged or even expanding geopolitical months in 2024, demonstrating the Bank’s commitment
conflicts around the world, the pace of interest rate to maintaining sound GCG practices that align with
cuts being slower than initial expectations, the growth evolving business needs and regulatory requirements.
slowdown in China and subdued growth in Europe, as The Bank regularly reviews and updates key policies,
well as the risk of volatile commodity prices. including those related to risk management and
integrated governance, to ensure they remain relevant
Indonesian economic growth in 2025 is expected to and effective.
range between 4.8% and 5.6% YoY, compared to the
Bank Indonesia’s (BI) estimate of 4.7%-5.5% YoY in Supported by multiple committees, the Board of
2024. Household consumption and investments are Commissioners plays a crucial role in assessing and
to remain the main engines of growth, supported by monitoring the implementation of GCG practices. These
a manageable inflation rate within BI’s target inflation committees regularly submit reports on GCG-related
range of 2.5%±1%, which provides room for BI to matters, and their performance is evaluated based on
reduce its interest rates further in 2025. factors such as meeting frequency, decision-making
quality, and the timely execution of follow-up actions.
The confluence of positive and negative market forces This comprehensive approach ensures that GCG
anticipated for 2025 necessitates a cautious and remains a cornerstone of Danamon’s operations.
vigilant approach from Danamon’s Management. While
navigating this complex terrain, the Bank must prioritize WHISTLEBLOWING SYSTEM IMPLEMENTATION
growth initiatives and leverage its valuable position Danamon has established a Whistleblowing System
within the MUFG network. (WBS) to foster a culture of integrity and ethical conduct.
This confidential system allows employees to report
CORPORATE GOVERNANCE IMPLEMENTATION any concerns regarding fraud, abuse, or suspicious
Danamon recognizes the critical role of Good Corporate activities without fear of retaliation. To ensure objectivity
Governance (GCG) in its sustainability and success. The and independence, KPMG, an independent third-party
Bank prioritizes implementing robust GCG practices, consultant, was appointed to oversee the WBS.
adhering to both regulatory standards and internationally
recognized best practices. The GCG framework The Board of Commissioners, along with the Audit
encompasses three key aspects: Governance Structure, Committee, reviews all WBS reports. Verified reports
Governance Process, and Governance Outcomes, with are followed up with appropriate disciplinary actions,
an overarching Integrated Governance Policy for the ranging from warnings and transfers to termination of
Bank and the Financial Conglomerate. employment. The Board of Commissioners believes
that a transparent and consistently applied WBS
strengthens Danamon’s integrity, encourages employee
compliance, and enhances the trust of all stakeholders.
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PROGRESS IN SUSTAINABILITY CHANGES IN THE COMPOSITION OF THE
The Board of Commissioners expresses appreciation for BOARD OF COMMISSIONERS
the progress Danamon has achieved in implementing its The composition of Danamon’s Board of Commissioners
Sustainable Finance Action Plan (SFAP), reflecting the remained unchanged following the resolutions passed
commitment of both MUFG and the Bank to sustainability. at the Annual General Meeting of Shareholders (AGMS)
The BOC sees that Danamon’s Sustainable Finance on March 22, 2024.
efforts in 2024 are compliant with OJK Regulation No.
51/POJK.03/2017 concerning the Implementation of CLOSING REMARKS
Sustainable Finance for Financial Services Institutions, On behalf of the Board of Commissioners, we would
Issuers, and Public Companies. like to express our gratitude to shareholders and
stakeholders for their continued support and trust. We
Among other accomplishments, the share of the overall also thank the Board of Directors and all employees for
portfolio dedicated to green financing as of the end their hard work, loyalty, and dedication, as well as for all
of 2024 increased by 23.5% compared to the end the progress that they have made possible.
of 2023. This demonstrates the Bank’s continuous
commitment to Sustainable Finance, including financing Additionally, we would like to convey our sincere
for renewable energy as an immediate preventive gratitude to the Indonesian Government and the
response to climate change and a necessity to support Indonesian Financial Services Authority (OJK) for
transition financing to a lower-carbon economy. their continuous support and guidance to the banking
industry, including Danamon in particular.
In line with its shared commitment with MUFG to
reach net-zero greenhouse gas emissions from its Going forward, we will uphold our vision of caring for
own operations by 2030, Danamon made efforts and enabling millions to prosper.
to further reduce and mitigate its carbon footprint
throughout the year. Additionally, Danamon partnered #TumbuhBersamaDanamonGroup
with Adira Finance to organize various environmental
and community initiatives aimed at enhancing longterm
public well-being. More information on this can be
found in the section of this Annual Report dedicated to
the Sustainability Report.
Going forward, the Board of Commissioners will
continue to oversee and motivate the management
to implement Danamon’s sustainability strategy and
sustainable finance initiatives, as detailed in the SFAP.
Yasushi Itagaki
President Commissioner
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BOARD OF COMMISSIONERS
Nobuya Kawasaki Peter Benyamin Stok Yasushi Itagaki
Commissioner Commissioner (Independent) President Commissioner
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Halim Alamsyah Hedy Maria Helena Lapian Dan Harsono
Vice President Commissioner (Independent) Commissioner (Independent) Commissioner
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LAPORAN
DIREKSI
Daisuke Ejima
PRESIDENT DIRECTOR
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“Despite challenging business conditions arising
from global economic uncertainties and decrease
in the middle-class purchasing power, Danamon
managed to achieve sustained growth momentum
in lending and funding.”
DEAR ESTEEMED SHAREHOLDERS AND
STAKEHOLDERS,
As Danamon celebrates its 68th anniversary, we In monetary policy, after a 25bps increase in April 2024,
are proud to present our financial and performance Bank Indonesia reduced back its benchmark 7-Day
report for the fiscal year 2024. During the year, we Reverse Repo Rate (BI7DRR) by 25 basis points (bps) to
reemphasized our commitment to help customers grow 6% in September 2024, following a 50bps rate cut by
with Danamon group and launched a new, simplified the US Federal Reserve (US Fed). In November 2024,
logo reflecting the Bank’s ongoing transformation. the Federal Reserve implemented another 25bps rate
cut. However, Bank Indonesia opted to hold the BI7DRR
Despite challenging business conditions arising from steady, citing a decline in headline inflation, which
global economic uncertainties and decrease in the stood at 1.55% YoY at the end of November 2024 – at
middle-class purchasing power, Danamon managed the lower bound of Bank Indonesia’s target range of
to achieve sustained growth momentum in lending 2.5% ±1%.
and funding. Total loans reached a record Rp185.8
trillion, up 7% year-over-year (YoY), while total funding Expectations of continued significant US Fed rate
increased by 13% YoY to Rp177.1 trillion, supported by cuts initially strengthened the Indonesian rupiah (IDR)
robust granular funding growth of 8% YoY. This strong against the US dollar (USD), but this reversed following
performance was supported by healthy asset quality, the result of US presidential election. By the end of
as reflected in the gross Non-Performing Loan (NPL) 2024, the IDR weakened to Rp15,950/USD, compared
ratio, which improved by 30 basis points (bps) to 1.9%, to Rp15,439/USD at the close of 2023.
and a higher NPL coverage ratio of 287.2%, compared
to 265.9% last year. Sustainable profitability was The automotive industry experienced market
evident in our Operating Income, which rose by 4% YoY sluggishness in 2024. According to the Association
to Rp18.9 trillion, while Pre-Provision Operating Profit of Indonesia Automotive Industries (GAIKINDO), 4W
(PPOP) grew 1% YoY to Rp8.3 trillion. Net Profit After vehicles sales fell by 13.9% YoY, totaling 865,723 units.
Tax (NPAT) stood at Rp3.2 trillion. At the same time, data from the Indonesia Motorcycle
Association (AISI) shows that Sales of 2W vehicles
ECONOMIC & INDUSTRY OVERVIEW sales only rose by 1.5% YoY, reaching 6.3 million units.
Indonesia’s growth remained stable, with the economy
expanding by 5.0% YoY in 2024, consistent with its The Indonesian government maintained its commitment
performance in 2023. to electric vehicle (EV) adoption, targeting 2 million
electric cars and 13 million electric motorcycles
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by 2030. To support these goals, the government Channel Strategies
continued offering subsidies and sales tax incentives The rapid development and adoption of technology
throughout 2024. in the financial sector have driven the need for digital
transformation. Danamon has continuously improved
KEY STRATEGIES AND ACHIEVEMENTS its D-Bank PRO application, enabling customers to
Supported by its global and local networks, along perform transactions seamlessly via mobile and internet
with its group members—Adira Finance, Home Credit Banking. In 2024, 34 new features were introduced,
Indonesia, Mandala Finance, and Zurich Asuransi including the ability to request physical debit cards
Indonesia—and strategic partners such as Grab, through the app, QRIS payments using credit cards
Akulaku, and Manulife Indonesia, Danamon remains as the source of funds, and 30-second approvals for
committed to sustainable growth as a financial group. credit card-based money transfers.
This commitment aligns with its strategic direction
for 2024-2026. By integrating collective strengths, Additionally, Danamon launched the Danamon LEBIH
aligning goals, and embracing a shared vision of PRO Debit Card, which features nine currencies and
customercentric service, Danamon aspires to become an auto-switching function with competitive foreign
one of Indonesia’s top financial groups. exchange rates.
As a result, in 2024 Danamon achieved sustained loan Throughout 2024, Danamon also enhanced the features
growth driven by diversified business engines. Strong of Danamon Cash Connect which designed to enhance
growth in Enterprise Banking and Financial Institutions efficiency for Corporate and SME customers by
(EBFI), Small and Medium Enterprises (SME) and facilitating both financial and non-financial transactions.
Consumer Banking compensated the more muted The platform is accessible 24/7 via PCs and mobile
growth in Adira Finance. devices, providing seamless support for daily business
operations.
Ecosystem Initiatives
Despite a challenging year for the automotive industry, While Digital Banking has gained significant popularity
Danamon and Adira Finance strengthened their in recent years, Danamon recognizes the continued
support for the sector by offering comprehensive importance of its branch network to enhance customer
financial solutions across the automotive value chain. and community relationships by transforming its branch
Adira Finance continued to deepen engagement with offices. Throughout 2024, 41 branches in 37 cities had
the existing customers and diversified its financing adopted the Next Generation Branch concept. These
portfolios in non-automotive products, including revamped branches also feature Danamon Showcase
multipurpose financing, fleet and heavy equipment facilities, allowing customers to display their business
financing. products and increase their exposure to visiting
customers and the public.
Key initiatives included participation in events such as
the Indonesia International Motor Show (IIMS) in Jakarta Group Collaboration
and Surabaya, where Danamon served as the official In 2024, we continued to strengthen our collaboration
Bank partner, multifinance partner, and tradein partner. with MUFG and its group members in Indonesia. This
Other regional events, such as the DXPO in Makassar resulted in a 19% YoY increase in cumulative 690
and Jakarta, showcased Banking solutions alongside synergy deals with Rp24.5 trillion in synergy loan.
Adira’s auto and multipurpose loans.
Together with Adira Finance, Danamon disbursed auto
In 2024, Danamon continue to deepen its business loan through KPM Prima program which increased 57%
penetration in a few key ecosystems, such as the Hajj reached Rp1.4 trillion in 2024.
& Umrah, Education and Japanese Real Estate sectors,
while diligently identifying any opportunities to tap into Launched in 2023, the MUIP Garuda Fund—a USD 100
new industry ecosystems. million joint initiative with MUFG Innovation Partners Co.
Ltd. (MUIP) and MUFG—targets Series A and B startups
in Indonesia. In 2024, the fund invested in Qoala, an
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insurtech Company leveraging AI to enhance customer, Governance across all business activities, in alignment
agent, and partner experiences. with Danamon’s vision and mission.
Danamon also hosted Business Matching Fair 2024 The BOD and senior management also regularly
which focused on the cosmetics industry, a new evaluate the execution of these strategies and business
segment different from last year’s emphasis on food and plans. This includes addressing audit findings and
beverages. Organized in collaboration with the Tokyo recommendations provided by the Bank’s internal audit
SME Support Center, the event featured seminars, team, external auditors, and supervisory assessments
Business Matching Meetings, and Networking Lunches, from the OJK, Bank Indonesia, and other regulatory
connecting Danamon’s customers with companies in authorities.
the MUFG network
TARGET AND REALIZATION
In addition, we keep on exploring various collaboration At the end of 2024, Danamon’s total consolidated loans
initiatives with Home Credit Indonesia as well. grew by 8% YoY to Rp189.4 trillion, exceeding our loan
target. The Enterprise Banking and Financial Institutions
HUMAN CAPITAL MANAGEMENT (EBFI) segment, supported by MUFG collaboration,
In 2024, Danamon continues its contribution to national posted strong growth of 10% YoY to Rp87.1 trillion.
economy in acquiring fresh graduate talents through The SME loan portfolio also grew by 12% YoY to
Danamon Bankers Trainee (DBT) program. The Bank Rp25.4 trillion compared to the previous year. In the
actively participated in the Career Expos, alongside consumer segment, mortgage and credit card portfolios
its affiliates within MUFG Group in Indonesia. This contributed to a 22% and 8% YoY respectively in
collaboration reflects Danamon’s vision of becoming Danamon’s total consumer loan portfolio, which
the employer of choice, aligning with its Corporate reached Rp20.9 trillion. Meanwhile, due to lower
values of “BISA” (Berkolaborasi, Integritas, Sigap industry demand in the 4-wheel automotives, Adira
Melayani, Adaptif). Finance’s new loan disbursement decreased by 12%
YoY, with the loan balance reached to Rp56.0 trillion.
To keep pace with today’s operating environment,
Danamon actively supports employees’ capabilities While asset quality in certain segments of Adira
growth through programs like the Danamon Global Finance business impacting higher cost of credit this
Mobility Program, which provides opportunities for year, the overall asset quality remained robust, with
employees to work at partner companies in Indonesia the consolidated Non-Performing Loan (NPL) ratio
and abroad. This exposure allows participants to improving by 30 basis points to 1.9% compared to
gain knowledge, learn diverse work cultures, acquire the previous year. Similarly, the NPL Coverage ratio
technical skills, and adopt best business practices. strengthened to 287.2% during the same period,
reflecting Danamon’s prudent risk management.
DIRECTORS’ ROLES AND THE REVIEW
PROCESS In terms of CASA, the balance contracted; however,
The Board of Directors (BOD) plays a crucial role in granular funding experienced solid growth of 8% YoY.
Danamon’s strategy formulation and business plan Danamon’s granular funding comprises CASA as well as
execution, as outlined in the Board Charter. These regular time deposits from both customers and SMEs.
strategies and plans are subsequently incorporated into
Danamon’s 2024 Business Plan (RBB). The following table provides a comparison between
Danamon’s prime lending rates and the average interest
In addition to their responsibility for defining Danamon’s rates in 2024:
short-term and long-term strategic goals and priorities,
the BOD, in collaboration with senior management,
ensures the implementation of Good Corporate
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PRIME LENDING RATES AS OF DECEMBER 31, 2024
Non MSME Loan MSME Loan Non
Data Period Mortgage
Corporate Retail Medium Small Micro Mortgage
Cost of Fund (%) 4.60% 4.60% 4.60% 4.60% N/A 4.60% 4.60%
Overhead Cost (%) 3.11% 3.11% 3.11% 3.11% N/A 3.11% 3.11%
Profit Margin 0.79% 1.29% 1.79% 1.79% N/A 0.29% 1.54%
Prime Lending Rate (%)
(Cost of Funding + Overhead Cost + 8.50% 9.00% 9.50% 9.50% N/A 8.00% 9.25%
Profit Margin)
THE WEIGHTED AVERAGE EFFECTIVE Strategy, Challenges, and Achievements in
INTEREST RATES PER ANNUM FOR THE YEAR Sustainable Finance
ENDED DECEMBER 31ST, 2024 (FOR RUPIAH As a leading Bank in Indonesia and part of MUFG,
DENOMINATION) Japan’s largest financial group, we see Sustainable
Deposit Type Interest Rate Finance as an integral part of Danamon’s business.
This commitment to sustainability is embodied in our
Current Account 2.87% Sustainability Policy. Our Sustainable Finance Action Plan
Savings 1.62% (SFAP) is the framework for implementing sustainable
Time Deposits 5.31% finance built on five pillars: Governance and Process,
Internal Awareness and Capacity Building, Sustainable
By the end of 2024, our Capital Adequacy Ratio (CAR)- Financing, Responsible Workplace Management, and
consolidated remained well above the regulatory Corporate Social Responsibility (CSR).
minimum at 26.2%.
In addition, in collaboration with MUFG and Adira
Mainly due to additional provisioning in the auto loan, Finance, Danamon remained committed to expanding
consolidated Net Profit After Tax (NPAT) decreased by its sustainable finance portfolio and achieving Net-Zero
9% YoY to Rp3.2 trillion, below our target. Both Return Emissions in our operations by 2030. This commitment
on Assets (ROA) after tax and Return on Equity (ROE) was reflected in the MUFG Net Zero World (N0W),
were slightly lower than the previous year, at 1.4% and an event Danamon co-hosted with MUFG to promote
7.1%, respectively. the theme of “Strengthening Momentum: Indonesia’s
Transition to Net Zero.” The event supported Indonesia’s
Implementation of GCG energy transition measures and aligned with MUFG and
Danamon is committed to uphold the highest standards Danamon’s shared strategic goal of achieving Net Zero
of Good Corporate Governance (GCG). By continually emissions in Indonesia by 2060.
monitoring and strengthening its GCG practices,
the Company aims to create long-term value for During 2024, we strove to maintain the performance of
shareholders, customers, and employees while our Green Financing (KUBL) financing proportion. We
adhering to both local and global best practices. closed 2024 with a 23.5% increase in KUBL financing
versus the end of 2023. We distributed its largest
To further promote Good Corporate Governance and portion, or 33.9%, to businesses under the renewable
ethical business practices, Danamon continues to energy category. At the end of 2024, the proportion
enhance its Whistleblowing System (WBS). In managing of our Sustainable Business Activity Category (KKUB)
the WBS, Danamon collaborates with an independent financing was 20.9% of our total loan portfolio
external third party to establish a reporting system that distribution. Moving forward, we will remain committed
is independent, transparent, convenient, confidential, to achieving our target proportion of KKUB financing
secure, and closely monitored to support whistleblowers of 23% by 2029, aligned with the Bank’s growth and
effectively, while at the same time ensure personal and business strategy.
legal protection for whistleblowers in compliance with
prevailing laws and regulations.
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Danamon understands that achieving sustainability CHANGES IN THE COMPOSITION OF THE
goals requires synergy and collaboration with all BOARD OF DIRECTORS
stakeholders. In 2024, we undertook a stakeholder The composition of the Board of Directors of Danamon
engagement initiative to understand better what our experienced changes during the year. Mr. Naoki
stakeholders have come to expect from the Bank’s Mizoguchi ended his term as a Director of the Board
sustainability goals and impacts. and in turn, Mr. Jin Yoshida was appointed as the new
Director of the Board effective upon passing the Fit and
STRATEGY FOR 2025 Proper test from OJK on April 1st 2024 The Board of
Despite potential global economic challenges in 2025 Directors would like to thank Mr. Naoki Mizoguchi for
including escalating trade wars, we are optimistic that his dedication and contribution to Danamon during his
Indonesia’s economy will continue to grow. While we term of working. This change in the composition was
will continue to build strong foundation in areas such ratified by the Annual General Meeting of Shareholders
as information technology, digital, people, branding (AGMS) on March 22nd, 2024. The current composition
as well as branch network, in the next three years, our of Danamon’s Board of Directors is as follows:
priorities shift to grow as a financial group. We have • Direktur Utama : Daisuke Ejima
set our strategic priorities which consist of strategic • Vice President Director : Honggo Widjojo Kangmasto
themes, including: • Vice President Director : Hafid Hadeli
• Building dominance in targeted ecosystems, such as • Director : Herry Hykmanto
Automotive, Hajj Umrah, Education and Real Estate. • Director : Rita Mirasari
• Delivering unique MUFG proposition to our • Director : Dadi Budiana
customers. • Director : Muljono Tjandra
• Enhancing data analytics and internal process. • Director : Thomas Sudarma
• Director : Jin Yoshida
We believe our strategic direction will optimize our
resources and able to record our double-digit growth APPRECIATION TO EMPLOYEES, CUSTOMERS
in lending and funding with sustainable profitability. AND BUSINESS PARTNERS
We also remain committed to our vision in enabling We would like to express our highest appreciation to
millions to prosper and making tangible contribution to our customers, shareholders, the media, and other
Indonesian economy. stakeholders, all of whom are integral to our continued
success. We also highly appreciate all employees for
their commitment and dedication to the Bank’s business
activities and development in 2024, as well as the
Board of Commissioners for its valuable advice and
assistance. Finally, we extend our deepest appreciation
to OJK, Bank Indonesia, and other regulators for their
indispensable guidance and support.
We look forward to continuing our collaborative journey
with all stakeholders, building stronger relationships,
and growing together.
Daisuke Ejima
President Director
PT Bank Danamon Indonesia Tbk 2024 Annual Report 33
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BOARD OF DIRECTORS
Jin Yoshida Muljono Tjandra Thomas Sudarma Hafid Hadeli
Director Director Director Vice President
Director
34 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Daisuke Ejima Honggo Widjojo Rita Mirasari Dadi Budiana Herry Hykmanto
President Director Kangmasto Director Director Director
Vice President
Director
PT Bank Danamon Indonesia Tbk 2024 Annual Report 35
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REPORT FROM
THE SHARIA
SUPERVISORY BOARD
Assalamu’alaikum Warahmatullahi Wabarakaatuh
Bismillaahirrahmaanirrahiim
Alhamdulillaahirabbil’aalamiin, all the praise and gratitude to Allah SWT due to all of His blessings, mercy, and
guidance upon all of us, so that Allah SWT enables us to carry out the duties and trust entrusted to us, we convey our
blessings and greetings to the Prophet Muhammad sallallaahu ‘Alaihi Wa sallam.
The Sharia Supervisory Board of Danamon’s Sharia Business Unit (DPS-UUS), entrusted with the responsibility of
overseeing and ensuring that the products and business activities comply with Sharia principles in accordance with
applicable regulations and the Sharia Supervisory Board Charter, has carried out its functions and duties by providing
supervision and opinions on new product proposals, policies, procedures, and other matters related to the overall
fulfillment of Sharia principles within Danamon’s Sharia Business Unit.
We, the Sharia Supervisory Board of Danamon’s Sharia Business Unit (DPS-UUS), are of the opinion that the Sharia
banking activities conducted by Danamon’s Sharia Business Unit in 2024 have been in compliance with the fatwas
issued by the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) and the opinions provided by us
in our capacity as the Sharia Supervisory Board.
On this occasion, we would like to express our gratitude and appreciation for the cooperation and support of the
Board of Directors and the entire management of Bank Danamon for the achievements in 2024 and their efforts in
maintaining the consistent application of Sharia principles in banking activities. In closing, let us always pray to Allah
SWT to grant us health, ease, and blessings in all our intentions and endeavors. May Danamon’s Sharia Business Unit
continue to achieve greater success and remain at the forefront in the future.
Danamon UUS will hopefully become even more successful in the future and remain at the forefront.
Aamiin Yaa Rabbal ‘Alamin.
Wassalaamu’alaikum Warahmatullahi Wabarakaatuh
On behalf of the Sharia Supervisory Board
Prof. Dr. H. M. Din Syamsuddin, MA
Chairman of Syariah Supervisory Board
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SHARIA SUPERVISORY BOARD
Prof. Dr. Hasanudin, M.Ag. Dr. Asep Supyadillah, M.Ag. Prof. Dr. H. M. Din Syamsuddin, MA
Member for Syariah Supervisory Board Member for Syariah Supervisory Board Chairman of Syariah Supervisory Board
PT Bank Danamon Indonesia Tbk 2024 Annual Report 37
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DECLARATION OF RESPONSIBILITY
FOR ANNUAL REPORT
The following is a joint declaration by the Board of Commissioners and the Board of Directors on responsibility for
the 2024 Annual Report of PT Bank Danamon Indonesia Tbk.
We, the undersigned, testify that all information contained in the 2024 Annual Report of PT Bank Danamon
Indonesia Tbk has been presented in its entirety, and assume full responsibility for the accuracy of the contents of
the Company’s Annual Report.
This statement is hereby made in all truthfulness.
Jakarta, 26 February 2025
BOARD OF COMMISSIONERS
Yasushi Itagaki
President Commissioner
Halim Alamsyah Nobuya Kawasaki
Vice President Commissioner (Independent) Commissioner
Dan Harsono Peter Benyamin Stok Hedy Maria Helena Lapian
Commissioner Commissioner (Independent) Commissioner (Independent)
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BOARD OF DIRECTORS
Daisuke Ejima
President Director
Honggo Widjojo Hafid Hadeli Herry Hykmanto Rita Mirasari
Kangmasto Vice President Director Director Director
Vice President Director
Dadi Budiana Muljono Tjandra Thomas Sudarma Jin Yoshida
Director Director Director Director
PT Bank Danamon Indonesia Tbk 2024 Annual Report 39
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SHARIA
SUPERVISORY BOARD
Chairman : Prof. Dr. H. M. Din Syamsuddin, MA
Member : Prof. Dr. Hasanudin, M.Ag.
Member : Dr. Asep Supyadillah, M.Ag.
Declaration:
The members of Danamon’s Sharia Supervisory Board have declared they have no financial, management, share
ownership and/or family relationships with members of the Board of Directors, Board of Commissioners and/or
controlling shareholders, or other relationships with Danamon that may affect their ability to discharge their duty as
stated in their letter of appointment signed on 14 June 2024, 26 June 2024, 28 June 2024 and renewed every year.
Jakarta, 26 February 2025
Prof. Dr. H. M. Din Syamsuddin, MA
Chairman of Syariah Supervisory Board
Prof. Dr. Hasanudin, M.Ag. Dr. Asep Supyadillah, M.Ag.
Member for Syariah Supervisory Board Member for Syariah Supervisory Board
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PT Bank Danamon Indonesia Tbk 2024 Annual Report 41
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COMPANY
PROFILE
PT Bank Danamon Indonesia Tbk 2024 Annual Report
PT Bank Danamon Indonesia Tbk 2024 Annual Report 43
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DANAMON
AT A GLANCE
Danamon posted total assets of Rp242.33 trillion
as of 31 December 2024. Its shares are owned
by The MUFG Bank, Ltd. (92.47%) and
the public (7.53%).
PT Bank Danamon Indonesia Tbk (Stock Code: BDMN) Based on the vision of ‘We Care and Help Millions
was established in 1956. As of 31 December 2024, to Prosper’, Danamon and its group companies
Danamon manages consolidated assets of Rp242.33 and strategic partners recognise the importance of
trillion with its subsidiary, Adira Finance. In terms of sustainability as an integral part of the growth and
share ownership, 92.47% of Danamon shares are owned prosperity of society.
by MUFG and the other 7.53% are owned by the public.
In serving customers from all business lines, namely Therefore, Danamon is also committed to supporting
Retail, Small and Medium Enterprises, and Corporations, Indonesia in achieving net zero emissions by 2060
Danamon is supported by 863 conventional branch through various progressive efforts towards sustainable
offices and Syariah units, as well as branch offices and finance, decarbonization initiatives, and green
representative offices of Danamon group companies in economy development. These initiatives are reflected
Indonesia. in the Sustainability Finance Action Plan (SFAP), which
includes governance and process, awareness and
As a subsidiary of MUFG which is one of the largest capacity building, sustainable financing, responsible
financial services groups in the world, Danamon is workplace management, and Corporate social
supported by the global network of MUFG and its responsibility. Each of these pillars is designed to
partner Banks: Krungsri Bank in Thailand, Security Bank support sustainability principles and ensure that every
in the Philippines, and VietinBank in Vietnam. Danamon aspect of our operations contributes positively to the
is also strengthened by the local network of its group environment.
companies; Adira Finance, Home Credit Indonesia,
Mandala Finance, and Zurich Asuransi Indonesia and its In running the business and to achieve goals aligned
strategic partners. with the Company’s vision and mission, Danamon
upholds Company’s values “BISA” that must be
Together with MUFG, its group companies and embraced by all employees, management, directors,
strategic partners, Danamon is committed to continue and commissioners of Danamon. These values consist
transforming as one financial group, in order to become of Collaboration (Berkolaborasi), Integrity (Integritas),
a more trusted, customer-centric, and innovative Customer Centricity (Sigap Melayani), and Adaptability
financial partner, as well as to meet the needs of (Adaptif).
shareholders, customers, employees, and regulators,
by providing holistic financial solution so that we can
grow together.
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CORPORATE
IDENTITY [POJK C.2] [GRI 2-1] [GRI 2-6]
COMPANY NAME
PT Bank Danamon Indonesia Tbk
CORE BUSINESS CUSTODIAN BANK PERMIT
Banking Services Bapepam & LK Letter No. Kep-02/PM/Kstd/2002 dated
15 October 2002
DATE OF ESTABLISHMENT
16 July 1956
BUSINESS IDENTIFICATION NUMBER TAX IDENTIFICATION NUMER
9120205531975 0013 0847 0209 1000
LEGAL BASIS OF ESTABLISHMENT LATEST ACRTICLE OF ASSOCIATION
Notarial deed No. 134 dated 16 July 1956 of Meester Raden Soedja, Deed No. 88 dated March 22, 2024, drawn up before Mala
S.H. ratified by the Minister of Justice of Republic of Indonesia in Mukti, S.H., Lex Legibus Magister, Notary in Jakarta, which
its decission letter No. J.A.5/40/8 dated 24 April 1957 and was has been received and recorded in the Legal Entity
published in Supplement No.664 to the State Gazette of Republic Administration System Database of the Ministry of Law
of Indonesia No.46 dated on June 7, 1957 and Human Rights of the Republic of Indonesia No. AHU-
AH.01.03-0081738 dated 3 April 2024
GLOBAL INTERMEDIARY IDENTIFICATION NUMBER (GIIN) ASSOCIATION MEMBERSHIP
WZU780.99999.SL.360 • National Private Bank Association (Perbanas)
• Indonesia Public Listed Companies Association (AEI)
www.danamon.co.id • Indonesia Payment System Association (ASPI)
corporate.secretary@danamon.co.id • Bankers Association for Risk Management (BARa)
corporate.communications@danamon.co.id • Indonesian Banker Association
investor.relations@danamon.co.id • Communication Forum of Banking Compliance Directors
(FKDKP)
STOCK EXCHANGE SHARE CODE ISIN CODE SWIFT CODE
Bursa Efek Indonesia BDMN ID1000094204 BDINIDJA
BUSINESS FOREIGN EXCHANGE BANK SHARIA BANKING TAX PAYMENT BANK
PERMIT PERMIT PERMIT PERMIT
Letter from the Ministry of Letter from Bank Indonesia Letter from the Directorate Letter from the Directorate
Finance of the Republic of No. 21/10/Dir/UPPS dated 5 of Banking Licensing and General of Taxation, Ministry
Indonesia No. 161259/U.M.II November 1988 Information, Bank Indonesia, of Finance of the Republic
dated 30 September 1958 no. 3/744/DPIP/Prz dated of Indonesia, No. S-480/
31 December 2001 PJ.9/1989 dated 7 September
1989
HEAD OFFICE SUBSIDIARY
PT Bank Danamon Indonesia Tbk PT Adira Dinamika Multi Finance, Tbk.
Menara Bank Danamon
Jl. H.R. Rasuna Said, Blok C No.10 Line of Business: Financing
Karet Setiabudi, Jakarta-Indonesia 12920 Head Office: Millenium Centennial Center 53rd, 53rd-61st Floor
Indonesia Jl. Jend. Sudirman Kav.25, Jakarta 12920
Phone : +6221 8064 5000 Phone: +6221 3973 3232, 3973 3322
Fax: +6221 3973 4949
E-mail: af.investor.relation@adira.co.id
af.corsec@adira.co.id
CORPORATE INFORMATION INVESTOR INFORMATION PRESS INQUIRIES
INFORMATION ACCESS
Corporate Secretary Investor Relations Corporate Communications
Menara Bank Danamon
Jl. H.R. Rasuna Said Blok C No.10 Karet Setiabudi, Jakarta-Indonesia 12920
Phone : +622180645000 | Fax : +622180645030
17 TH FLOOR 21 ST FLOOR 11 TH FLOOR
corporate.secretary@danamon.co.id investor.relations@danamon.co.id corporate.communications@danamon.co.id
PT Bank Danamon Indonesia Tbk 2024 Annual Report 45
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OPERATIONAL
AREAS [POJK C.3]
355
Danamon has a network throughout Indonesia from Aceh to
Total Branches
863 508
Danamon Papua.
Danamon operates an extensive distribution network spread
out from Aceh to Papua, with 863 branches and service
ADMF outlets comprising conventional branches, sharia units, and
the branch networks of Adira Finance.
6
9
1
7
5
4
2 3
8
1 JAKARTA REGIONAL OFFICE 6 MEDAN REGIONAL OFFICE
Covering Bandar Lampung, Bekasi, Bogor, Cilegon, Jakarta, Covering Asahan, Banda Aceh, Batam, Binjai, Bireuen, Deli
Karawang, Lampung, Metro, Pringsewu, Serang, Tangerang, Serdang, Karimun, Labuhan Batu, Langkat, Langsa, Lhokseumawe,
Tangerang Selatan. Medan, Nias, Padang Sidempuan, Pematang Siantar, Sibolga,
Tanjung Balai, Tanjung Pinang, Tebing Tinggi.
2 BANDUNG REGIONAL OFFICE
Covering Bandung, Cianjur, Cimahi, Cirebon, Garut, Kuningan,
7 SEMARANG REGIONAL OFFICE
Purwakarta, Subang, Sukabumi, Tasikmalaya. Covering Banjarnegara, Banyumas, Blora, Cilacap, Grobogan,
Jepara, Kebumen, Kendal, Klaten, Kudus, Magelang, Pati,
3 SURABAYA REGIONAL OFFICE Pekalongan, Purbalingga, Purworejo, Rembang, Salatiga,
Semarang, Sleman, Sragen, Surakarta/Solo, Tegal, Temanggung,
Covering Banyuwangi, Blitar, Bojonegoro, Gresik, Jember, Wonosobo, Yogyakarta.
Jombang, Kediri, Madiun, Malang, Mojokerto, Pamekasan,
Pasuruan, Ponorogo, Sidoarjo, Surabaya, Tulungagung 8 DENPASAR REGIONAL OFFICE
4 MAKASSAR REGIONAL OFFICE Covering Badung, Blu, Bima, Buleleng, Denpasar, Ende, Gianyar,
Jembrana, Kupang, Manggarai, Mataram, Sikka, Sumbawa,
Covering Ambon, Banggai, Bau-Bau, Biak Numfor, Bitung, Bone, Tabanan.
Bulukumba, Gorontalo, Gowa, Jayapura, Kendari, Kotamobagu,
Makassar, Central Maluku, Manokwari, Manado, Merauke, Mimika,
Nabire, Palopo, Palu, Pare-Pare, Pinrang, Sidenreng Rappang,
9 PALEMBANG REGIONAL OFFICE
Sorong, Tana Toraja, Ternate, Toli-Toli, Tomohon, Wajo. Covering Bengkalis, Bengkulu, Bukit Tingi, Bungo, Dumai,
Indragiri Hilir, Jambi, Lubuk Linggau, Ogan Komering Ulu Padang,
5 BALIKPAPAN REGIONAL OFFICE Palembang, Pangkal Pinang, Payakumbuh, Pekanbaru, Prabumulih,
Rokan Hilir, Tanjung Jabung Barat.
Covering Balikpapan, Banjarbaru, Banjarmasin, Baru, Berau,
Bontang, Bulungan, Ketapang, Kotawaringin Barat dan Timur, Kutai
Kartanegera, Kutai Timur, Melawi, Nunukan, Palangkaraya, Pasir,
Pontianak, Samarinda, Sambas, Sanggau, Singkawang, Sintang,
Tarakan.
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VISION &
MISSION [POJK C.1]
VISION
We Care and Enable Millions to Prosper. Danamon believes that its purpose is to care
for others: its customers, employees, and society at large, enabling them to thrive,
grow, and achieve prosperity.
MISSION
Danamon seeks to realize its vision through its three • Positive employee attitudes such as the following
missions, namely: are required:
1. Danamon aims to become “Indonesia’s Leading a. Adaptable, open and continuously learning to
Financial Institution” with a respected presence. respond to change.
• Danamon believes that its strength in financial b. Understand and focus on personal and
intermediation in the economy makes it a catalyst
human development.
for wealth creation and prosperity.
3. Our aspiration is to be the employer of choice and
• To optimize its role in the economy, it is imperative
one that is respected by our customers, employees,
for Danamon to have a good reputation and lead
shareholders, regulators and the communities in
among other financial institutions, as:
which we operate.
a. A business partner to its customers and
• Danamon invests in building a culture that is
b. A contributing and caring member of society.
conducive to achieving its goals.
2. A customer-centric organization that serves all
segments by offering unique value to each, based • Danamon builds collaborations with its
on sales and service excellence, and supported by stakeholders, both within and outside its
world-class technology. neighborhood, to create contributions that
• In carrying out its roles, Danamon strives to benefit their recipients, in places where they are
understand what each customer needs and most needed.
responds accordingly.
• Danamon provides solutions to each need, Review of Vision and Mission Statements:
uniquely, that no other financial institution in In 2024, Danamon reviewed the suitability of the
the industry provides and does so based on Vision and Mission statements with the company’s
knowledge from research and technology. condition and the various challenges it will face in the
• In doing so, Danamon focuses on service future. Based on it can be concluded that the Vision
processes that apply technology with care and and Mission statements are still in accordance with
responsibility. the current condition of Danamon and the challenges
• It is important for Danamon employees to satisfy ahead.
their customers and act honorably in providing
services that will be valued by society at large.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 47
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CORPORATE
VALUES
Corporate Values
As a foundation for achieving its vision and mission, the Company
has established Corporate Values that must be understood
and implemented by all Employees, Management, Directors,
and Commissioners of Danamon as a guide in behavior and in
carrying out their duties and responsibilities.
Collaboration Integrity
Leverage diversity as Consistently uphold professionalism,
strength to achieve openness, responsibility and ethics as
shared goals. performance governance.
Customer Centric Adaptive
Providing the best services Keep developing and improving
quickly, promptly, and self-potential to become the best.
accurately.
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CORPORATE
LOGO
Danamon, supported by its global and local network as well as strategic partners, is committed to continue its transformation as a
one financial group in order to become a more trustworthy financial partner and to meet the demands of shareholders, customers,
employees and regulators, so that we can grow together.
To this end, to reflect this transformation, Danamon has simplified its logo which published in conjunction with Danamon’s 68th
anniversary on 16 July 2024 with the following details:
Before Simplification After Simplification
Before Simplification After Simplification Description
Company’s Name Based on
PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk No Changes
Articles of Association
Company’s Trademark Danamon Danamon No Changes
Company’s Logo
Simplify and Will be Used
Concurrently
Sharia Business Unit’s Trademark Danamon Syariah Danamon Syariah No Changes
Sharia Business Unit’s Logo
Simplify and Will be Used
Concurrently
Share Code BDMN BDMN No Changes
Official Website www.danamon.co.id www.danamon.co.id No Changes
Email Domain @danamon.co.id @danamon.co.id No Changes
Hello Danamon’s Phone Number 1-500-090 1-500-090 No Changes
In relation to the logo simplification, below are important notes:
1. There are no changes to the Company’s name, PT Bank Danamon Indonesia Tbk (“Danamon”).
2. The simplification of Danamon’s logo will not affect ongoing agreements or cooperations that have been agreed
upon between Danamon and its customers as well as Danamon and other third parties.
3. The logo simplification will be undertaken gradually. Because of this, there will be two logos, namely before and
after the simplification, that will be used concurrently.
4. Debit card or credit card that still use the logo before the simplification can still be used until they expire. Card
change can be done if the card is missing, broken, or upon the request of customers or Danamon.
5. Check, Giro, Deposit Banknote/Advice, Form, Transaction Receipt and other Banking Documents that still use
the logo before the simplification can still be used until a new one is needed or it is replaced by Danamon.
6. Further information can be accessed by visiting Danamon’s official website at bdi.co.id/logo, contacting Hello
Danamon at 1-500-090 or by visiting the nearest Danamon branch office.
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CORE
BUSINESS [GRI 2-6]
PURPOSES AND OBJECTIVES AS WELL AS (iii) State treasury instrument and Government
BUSINESS ACTIVITIES ARTICLE 3 bond;
(iv) Certificate of Bank Indonesia (SBI);
According to Article 3 of Bank Danamon’s Articles of (v) Bond;
Association as stated in Deed No. 88 dated 22 March (vi) Promissory notes with a validity period of up
2024, and approved by the Minister of Law and Human to 1 (one) year;
Rights of the Republic of Indonesia based on his decision (vii) Other securities with a validity period of up
No. AHU-AH.01.03.0081738 dated 3 April 2024. Bank to 1 (one) year;
Danamon may engage in the following primary and e. Transferring funds, both on its own interest or in
secondary business activities to achieve these goals the interest of the customers;
and objectives: f. Placing funds in, borrowing funds from, or
lending funds to, another Bank, both in writing,
1. The purposes and objectives of the Company are to with telecommunications facility and sight draft,
do business activities as a Commercial Bank. cheque or other facilities;
g. Receiving the payment of securities bill and
2. Main Business Activities making calculation with or among the third
To achieve the purposes and objectives mentioned parties;
above, the Company may carry out the following h. Providing a place to store goods and securities;
main business activities: i. Carrying out safekeeping activities in the interest
a. Raising funds from the general public in the of another party under a contract;
form of savings/deposits i.e. demand deposits j. Placing funds from one customer to another
account, time deposits, deposit certificates, customer in the form of securities which is not
savings and/or other forms which are similar listed on the Stock Exchange;
to or comparable to them, either in the Rupiah k. Carrying out factoring activities, credit card
currency or foreign currencies; business and acting as a trustee;
b. Extending loan, either long-term, middle-term, l. Carrying out activities in the field of foreign
or long-term or other forms of loan which are currency in accordance with the provisions
usually extended in the Banking world; stipulated by Bank Indonesia and Financial
c. Issuing promissory notes; Services Authority;
d. Purchasing, selling, or guaranteeing at its own m. Providing funding and/or carrying out other
risk or in the interest and by the order of the activities under the Sharia principles, in
customers: accordance with the provisions as stipulated
(i) Drafts including the drafts accepted by Bank by the Bank Indonesia and Financial Services
and the validity period of which is not longer Authority.
than the normal period of issuance in the n. Carrying out activities as a marketing agent
trade of the said instruments; for non Banking products such as insurance,
(ii) Promissory notes and other commercial mutual funds, state bonds and other activities in
papers, the validity period of which is not accordance with the provisions.
longer than the normal period of issuance in
the trade of the said instruments;
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3. Supporting Business Activities
To support the main business activities of the
Company, the Company may carry out the following
supporting business activities:
a. Purchasing collateral, either whole or a part,
through or outside the tender in the case the
debtor does not meet its obligations to the Bank,
with the provisions that the said collateral must
be marketable within short period;
b. Acting as the founder and as the executive
board of pension funds in accordance with the
provisions of laws and regulations on pension
fund;
c. Issuing various forms of letter of credit and Bank
guarantee;
d. Carrying out capital participation activity in Bank
or other companies in the field of finance, such
as leasing, venture capital, credit card business,
consumer financing, Securities Company,
insurance, settlement and depository clearing
house, in accordance with the provisions as
stipulated by Bank Indonesia and Financial
Services Authority;
e. Carrying out temporary capital participation
activity to overcome the consequence of
credit failure, including the financial failure
under the Sharia principles, provided that such
participation must be withdrawn in accordance
with the provisions as stipulated by the Bank
Indonesia and Financial Services Authority;
f. Carrying out other supporting business activities
to support the main business activities which
is usually carried out by Banks as long as they
do not conflict with the prevailing laws and
regulations.
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MILESTONES
1956
Established as Bank Kopra
Indonesia. 2017 2018
Launch of D-Connect, a • Investment of 40% of
digital Banking service for
Danamon shares by
business people.
MUFG Bank Ltd.
1976 • Conditional agreement
Name changed to PT Bank to sell majority stake
Danamon Indonesia.
2016 in Adira Insurance
Celebration of Danamon’s to Zurich Insurance
60th anniversary and Company Ltd.
inauguration of the new
1989 head office “Menara Bank • Launch of Danamon
Becomes a publicly listed Danamon.” Syariah Hajj Savings
Company with shares which has been
offered on the Jakarta Stock
connected online with
Exchange.
the Integrated Hajj
2015 Computerized System
Launch of Tabungan Bisa (SISKOHAT) owned
Umrah iB.
2004 by the Ministry of
Acquisition of Adira Finance. Religious Affairs of the
Republic of Indonesia.
2014
Launch of BISA iB Savings
2005 and BISA Qurban iB Danamon
2019
Launching of new Company Syariah Savings. • Danamon and Bank
Vision, Mission and Values. BNP complete merger.
• MUFG Bank Ltd.
increases stock
2013 invesment in Danamon
2006 Issuance of sustainability to 94%.
Acquisition of American report certified by the Global
Express Card Business in Reporting Initiative (GRI). • Danamon completes
Indonesia. sale of majority stake
in Adira Insurance to
Zurich.
• Danamon and MUFG
2008 2009 hold first Business
Inauguration of Danamon Increase of share ownership
Corporate University. Matching Fair in
in Adira to 95%.
Indonesia.
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2022 2023 2024
• Danamon launches • Danamon and MUFG • Danamon through the Sharia
Danamon JCB Precious Bank jointly announced a Business Unit, for the first
Credit Card. USD100 million investment time held the Danamon
• Danamon together with in an Indonesia-focused Syariah Travel Fair (DSTF).
Adira Finance supported venture capital, named
• The renewal of the Danamon
by MUFG for the first MUFG Innovation Garuda
logo is a commitment from
time sponsoring the 2022 No. 1 Limited Investment
Danamon together with
Indonesia International Partnership (Garuda Fund).
its Corporate group and
Motor Show as Official • Danamon launched
strategic partners to continue
Bank Partner and Official the “Danamon Hadiah
transforming as one financial
Multifinance Partner. Beruntun” Program, with
group and becoming a more
• Danamon re-inaugurated a high chance of winning
reliable financial partner.
the Medan Putri Hijau because every customer
• Danamon introduced
Branch Office in Medan, can win attractive prizes in
Danamon LEBIH PRO, which
and Pondok Indah Mall a row.
provides 9 currencies in 1
2, Jakarta as the Next • To celebrate the 67th
saving account.
Generation Branch anniversary together with
concept. customers, Danamon held • MUFG Bank, Ltd. (MUFG),
its first DXPO event at in collaboration with PT
Central Park Mall. Bank Danamon Indonesia
• Danamon, PNM and MUFG Tbk (Danamon), hosted the
2021
Bank Set the Stage for inaugural MUFG Net Zero
• Danamon launches D-Bank
Indonesia’s First Sharia World (MUFG N0W) 2024 in
PRO application, to meet
Social Financing. Jakarta.
daily transaction needs.
• Danamon welcomes new • MOU signing between
• Danamon Syariah launches
customers after acquiring Krungsi and MUFG together
Digital Waqf service to
the Retail Credit Portfolio. with Danamon, VietinBank
increase the convenience
of customer charitable and Security Bank to
contributions. enhance the capabilities
• Danamon with Grab of Krungsri ASEAN Link as
launches Grab Visa credit a cross-border business
card. advisory to create an
ecosystem that supports
customers in developing their
businesses in ASEAN.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 53
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ORGANIZATION
STRUCTURE
ANNUAL GENERAL
MEETING OF
SHAREHOLDERS
Syariah Supervisory Board Of
Board Commissioners
President Director
DAISUKE EJIMA
Integrated Corporate
Governance
Nomination & Corporate
Risk Monitoring
Audit Committee Remuneration Governance
Committee
Committee Committee
Vice President Director
HONGGO WIDJOJO
KANGMASTO
#Note:......for Treasury Sales only
Enterprise Banking &
Financial Institution Director
THOMAS SUDARMA
Treasury & Capital
Market Head
HERMAN SAVIO
Balance Sheet Mgt & Treasury Retail & SME EB Business Head EB Business Head
Capital Market Head Sales Head (Jakarta 1) (Sulawesi & Kalimantan)
DANU KRISNA ELY KUSTONO ROBERTO TRIO SONNY GUNAWAN
EB Business Head EB Business Head
Trading Head Treasury EBFI Sales Head (Jakarta 2) (East Java)
AUDY P. I. LUBIS MEIDAWATI TAN ADELINE INGGRISARI ELMI CHRISTINA
Treasury Business EB Business Head EB Business Head
Chief Economist (Jakarta 3) (West & Central Java)
Support Head
HERMAN SAVIO MUHAMMAD A. FATCHUR FLINT INDRAWAN
HENCHE SURYANTO
Note : Directors Chiefs Division/Segment/Regions - Heads
54 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
Board Of Directors Committee
Integrated Risk
IT Steering Asset & Liability
Management
Committee Committee
Committee
Credit or Financing Credit or Financing Risk Management
Committee Policy Committee Committee
Transaction Banking Head
ANDREW SUHANDINATA
TB Client Service &
EB Business Head EB Business TB Sales Head Implementation Head
(Sumatera) Management Head EDY SUPRIYANTO JAYA S. RIDWAN
DANNY SUHERMANTO HASAN YU
EB Business Head EB Business TB Strategy, Analytics &
TB Sales Head Risk Management Head
(Origination & Collaboration) Analyst Head
MARGARET TJAHJONO ANTONIUS H. DANANG
GUNAWAN TE IFONNE MULJADI
EB Business Head
EB Business Analyst Head TB Digital & Customers
(MNC)
WIDIANTO OSADI TB Product Head Experience Head
ANDI S. WAHDI
INDRADI PATMAWIDJAJA (PJS) INDRIADI PATMAWIDJAJA
Financial Institutions Head
MARGARETHA SHERLY
PT Bank Danamon Indonesia Tbk 2024 Annual Report 55
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ORGANIZATION STRUCTURE
ANNUAL GENERAL
MEETING OF
SHAREHOLDERS
Syariah Supervisory Board Of
Board Commissioners
President Director
DAISUKE EJIMA
Integrated Corporate
Governance
Nomination & Corporate
Risk Monitoring
Audit Committee Remuneration Governance
Committee
Committee Committee
Vice President Director
HONGGO WIDJOJO
KANGMASTO
Chief Information Technology
& Operations Officer
YENNY SISWANTO
IT Strategy & Enterprise
IT Enterprise Banking & Inter- IT Production & Infrastructure Centralized & Share Services
Architecture Solutioning
nal Solutions Head Management Head Operations Head
Head
Antony Tan GEMILANG MADYAKUSUMA VICTORIA DINI (pjs)
HARY SUTEDJA
IT Digital, Automation BPR, Control & Operation Control,
IT Cyber Security Head
& Front-End Solutions Head Compliance Head Policy & Reporting Head
ABRIANTO ASCEIN GULTOM
REISAN LESMANA SABRINA R. AZHAIRIE CHARLES N. SITUMORANG
IT Business Partner,
IT Core Systems Integration,
Analyst & Project Portfolio Loan & Trade Operation Head
Risk, Data & Reporting Head
Management Head JULIANDO MENACHEM
BONDAN MULIAWAN
FIRDODY I. FAIRAHMAD
Note : Directors Chiefs Division/Segment/Regions - Heads
56 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Review Governance Report Data
Board Of Directors Committee
Integrated Risk
IT Steering Asset & Liability
Management
Committee Committee
Committee
Credit or Financing Credit or Financing Risk Management
Committee Policy Committee Committee
Vice President Director
HAFID HADELI
SME Business Head Branch Network Head Customer Experience Head
AGUS PRATAMA EKA DINATA MIREILLE MAKMUR
Consumer Lending Service Excellence &
Business Head Customer Care Head
ENRIKO SUTARTO KRISTIANI SIWI P.
Consumer Funding & Business Operational Risk
Wealth Business Head & Control Head
IVAN A. JAYA HUMILO FELONA
Chief Digital Officer
ANDREAS KURNIAWAN
PT Bank Danamon Indonesia Tbk 2024 Annual Report 57
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ORGANIZATION STRUCTURE
ANNUAL GENERAL
MEETING OF
SHAREHOLDERS
Syariah Supervisory Board Of
Board Commissioners
President Director
DAISUKE EJIMA
Integrated Corporate
Governance
Nomination & Corporate
Risk Monitoring
Audit Committee Remuneration Governance
Committee
Committee Committee
Syariah Director
HERRY HYKMANTO
Chief Internal Auditor
YENNY LINARDI
Syariah Funding
CREM Head Credit Audit Group Head Branch Audit Group Head
Business Head
INDRIANI P. SUSANTIO INDRA PRASETYA DWIKO YUNAYANTO
MERCI S. ADRIANI
Syariah Strategic & Product & Support Audit & Fraud Inv Strat Dev
SME Credit
Financing Business Head Audit Group Head Group Head
HANDOJO PAMUDJI
REFITA R. ARIEF KHO TJHING KIAN ANGGORO H. GUNADHARMA
Sustainability Finance IT Audit & Analytics
Sharia Risk & Assurance Head Fraud Investigation Head
(Social) Head Group Head
YATNO SUKENDAR ADI PURWANTORO
ABDUL HADI ANDRE HERMAWAN
Note : Directors Chiefs Division/Segment/Regions - Heads
58 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
Board Of Directors Committee
Integrated Risk
IT Steering Asset & Liability
Management
Committee Committee
Committee
Credit or Financing Credit or Financing Risk Management
Committee Policy Committee Committee
Compliance Director Finance Director
RITA MIRASARI MULJONO TJANDRA
Regulatory Compliance & Financial Shared
Head of Corporate Secretary Financial Planning Head
Advisory Head Services Head
HENDY D.WONG ERWINDA WIJAYA
PALUPI A. IBRAHIM RATNA S. HALIEM
Regulatory Compliance
Head of Legal Counsel BPS Head Procurement Head
& Assurance Head
SATYO H. WIBISONO SUSAN TEDJADINATA ANNEKE THIOFANNY
LIE CHEN
Head Of Financial
Financial Controller Tax Planning & Strategy Head
Crime Compliance
THERESIA A. WIDJAJA YUSDIAN FARADIANA
RATIH DAMAYANTI
PT Bank Danamon Indonesia Tbk 2024 Annual Report 59
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ORGANIZATION STRUCTURE
ANNUAL GENERAL
MEETING OF
SHAREHOLDERS
Syariah Supervisory Board Of
Board Commissioners
President Director
DAISUKE EJIMA
Integrated Corporate
Governance
Nomination & Corporate
Risk Monitoring
Audit Committee Remuneration Governance
Committee
Committee Committee
Risk Management Director
DADI BUDIANA
Chief Human Capital
EVI DAMAYANTI
Sr. Credit Risk Officer - Portfolio, Policy &
Talent Acquisition, Employer Employee & Industrial Market Liquidity Risk Head
Enterprise Banking Analytics Head
Branding, Performance & Relations, HC FOR & ADE PRIMA RATU BAGUS
SHEKY LEMASOA RUSMIN BASUKI
Culture Head Governance Head
WIDYARINI UTAMI ABDUL HADI
Sr. Credit Risk Officer - Credit & Enterprise Risk Information Risk
Organization Development, Enterprise Banking Management Head Management Head
Learning, Engagement &
Talent Management & HC NG SUWITO MULJANA ARI PRIYATNA RONY I. KUSTENDRO
Corporate University Head
Enabler Head
CHRISTIAN TANUWIJAYA
MAIZA D. YANTI
Sr. Credit Risk Officer - Risk Modeling, Quant.
ORM, Fraud & QA Head
EB Remedial Tech. & Analytics Head
HC Business Partner & FILIPUS SUWANDI K.
Rewards Head RONCY SINAGA DWI SUSIYANTO
HC Region Head
ROY F. PERMANA
NESLIE C. WAROUW
HC Shared Services Head
YOSE R. LEANDER
Note : Directors Chiefs Division/Segment/Regions - Heads
60 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
Board Of
of Directors Committee
Integrated Risk
Mngt IT Steering Asset & Liability
Management
Committee Committee Committee
Credit or Financing Credit or Financing RiskRisk
Management
Mngt.
Committee Policy Committee Committee
Global Alliance Strategy Director
JIN YOSHIDA
Executive Officer
Chief Strategy Officer
Business Collaboration
REZA ISKANDAR
TOSHIYA SHOBAYASHI
Corporate Planning &
Partnership & Innovation Head Investor Relations Head
HENDRY SUNARYO* YOGI Z. ARIEF
Global Strategy Head Head of Agile Transformation
EDWARD F. MARBUN VIVIAN WIDJAJA
Environment Chief Marketing Officer
Sustainability Finance Head LILY P. FOENG
ANDI S. WAHDI
* Hendry Sunaryo will be PJS for the time being.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 61
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Highlights Report Profile & Analysis
BOARD OF COMMISSIONERS
PROFILE
Japanese Citizen.
Domiciled in Japan.
LEGAL BASIS OF APPOINTMENT
Appointed as President Commissioner in the Annual General
Meeting Shareholders on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Graduated with a Bachelor of Laws degree from Kyoto
University in 1987.
WORK EXPERIENCES
Currently, Itagaki is the Senior Managing Corporate Executive,
Group Chief Operating Officer-International (COO-I), Group
Head of Global Commercial Banking (GCB) Business Group
- Mitsubishi UFJ Financial Group. Inc (June 2023 - present)
and a member of the Board of Directors, Deputy President
(Representative of the Board of Directors), Chief Executive of
GCB Business Unit, COO-I - MUFG Bank. Ltd. (June 2023 –
present).
Previously, Itagaki served as President Director (October 2019
- March 2023) and Director (March 2018 – October 2019)
of Pt Bank Danamon Indonesia Tbk Itagaki served as the
Managing Executive Officer and Deputy Chief Executive of the
Global Commercial Banking Business Unit of MUFG Bank and
Executive Officer of MUFG. Prior to his position above, Itagaki
was the General Manager of the Global Planning Division where
amongst his many roles, he was responsible for strategic
planning in support of the Bank’s global expansion. Over the
course of his career with the firm, Itagaki has held a number of
important roles with increasing levels of responsibility. Itagaki
was based in Singapore from 2013 to 2015 where he set up the
Bank’s regional headquarters for Asia & Oceania and assisted
the Regional CEO in developing and executing key strategic
initiatives for the region.
Among the many important contributions of Itagaki to the
development of MUFG’s business platform, he designed grand
picture and strategized ASEAN commercial Banking network.
Yasushi Itagaki Throughout his career at MUFG, Itagaki has played a significant
role in the strategic partnership into Krungsri Bank, Security
President Commissioner Bank, Vietin Bank, and Bank Danamon in ASEAN region. Other
leadership positions held by Itagaki included Chief Manager
of the Global Planning Division of MUFG Bank, where he was
involved in the privatization of Union Bank of California and
led the execution process of MUFG’s strategic investment in
Morgan Stanley during the global financial crisis. Itagaki began
his career with the Bank of Tokyo in 1987.
62 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Review Governance Report Data
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Vice President Commissioner (Independent) in
the Annual General Meeting Shareholders on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Doctoral Degree (S3) University of Indonesia, Monetary
Economic (2004 - 2008), Master of Arts in Development
Economics (S2), Boston University, USA (1983 - 1985), Bachelor
Degree (S1) University of Gadjah Mada, Indonesia, Faculty of
Law (1976 - 1981) and Bachelor Degree (S1) University Islam
Indonesia, Faculty of Economic Management (1975 - 1980).
WORK EXPERIENCES
Currently, Halim Alamsyah serves as President Commissioner
PT Indosat Tbk (December 2021 - present), Audit Committee
Member PT Sinar Mas Multiartha Tbk (2021 - present).
Previously, Halim Alamsyah served as Independent
Commissioner PT Bank Danamon Indonesia Tbk (August
2021 – March 2023), Advisor Prudential Sharia (2021 – 2023)
and Advisor in Finance and Sharia Finance to the Ministry of
Finance of the Republic of Indonesia (October 2020 – April
2024).
Halim Alamsyah is a well-known and well-respected individual
in the regulatory area of the Indonesia financial industry. He
was trusted by the Government of Indonesia as Chairman
Commissioner of the Indonesia Deposit Insurance Corporation/
Lembaga Penjamin Simpanan (LPS) (September 2015 -
September 2020). In view of his extensive experience in Bank
Indonesia and his excellence performance, Halim Alamsyah
was appointed by the President of the Republic of Indonesia
and Indonesia House of Representative to carry out the
mandate as Deputy Governor of Bank Indonesia (June 2010
- June 2015). He was also appointed by the President of the
Republic of Indonesia as Member of Board of Commissioner of
Halim Alamsyah Indonesia Financial Services Authority ex-officio representing
Bank Indonesia (July 2012 – June 2015). In 1982, Halim
Vice President
KomisarisCommissioner
Utama Alamsyah started his career at Bank Indonesia as a Credit
(Independent) Analyst at Credit Cooperative Division. He later dedicated
himself in the economic, monetary and Banking research for
more than two decades. His assignments were among other,
as Head of Office of the Governor of Bank Indonesia, Executive
Director of Economic and Monetary research, and Executive
Director of Banking Research and Supervision Bank Indonesia.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 63
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BOARD OF COMMISSIONERS PROFILE
Japanese Citizen.
Domiciled in Japan.
LEGAL BASIS OF APPOINTMENT
Appointed as Commissioner of Company in the Extraordinary
General Meeting of Shareholders on 1 October 2019.
Reappointed as Commissioner at the Annual General Meeting
of Shareholders on 31 March 2023.
QUALIFICATIONS/ EDUCATION BACKGROUND
Bachelor of Mechanical Engineering Keio University (1995) and
Master of Mechanical Engineering Keio University (1997).
WORK EXPERIENCE
Kawasaki is Executive Officer, Deputy Group Head of Global
Commercial Banking Business Group, MUFG Bank, Ltd (April
2023 – present).
With over 20 years of experience at MUFG Bank, Kawasaki
has developed strong M&A and Investment Banking expertise.
Kawasaki served as Executive Officer and Managing Director,
Head of Global Commercial Banking Planning Division, MUFG
Bank, Ltd (April 2021 – March 2023) responsible for developing,
communicating, executing, and sustaining inorganic strategic
initiatives. He served as Managing Director, Deputy Head of
Global Commercial Banking Planning Division MUFG Bank,
Ltd (August 2019 – March 2021), Managing Director of Global
Commercial Banking Planning Division MUFG Bank Ltd,
Singapore (August 2018 - August 2019), Managing Director of
Planning Division for Asia & Oceania MUFG Bank, Ltd, Singapore
(September 2013 - August 2018), Managing Director, Vice
President Mitsubishi UFJ Morgan Stanley Securities, Japan
(October 2006 - September 2013) and was one of the founding
members of the Credit Portfolio Management Division the
Bank of Tokyo Mitsubishi Ltd, Japan (October 2005 - October
2006). Kawasaki was in charge of securitization business at
Mitsubishi Securities, Japan, (October 2002 - October 2005).
Kawasaki had a career in the Associate Product Development
Division the Bank of Tokyo Mitsubishi Ltd, Japan (September
Nobuya Kawasaki 1998 - October 2002) and Associate Marunouchi Branch the
Bank of Tokyo Mitsubishi Ltd, Japan (April 1997 - September
KomisarisCommissioner
Utama 1998).
64 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Thai Citizen.
Domiciled in Thailand.
LEGAL BASIS OF APPOINTMENT
Appointed as Commissioner of Company in the Annual
General Meeting of Shareholders (AGMS) on 30 April 2021.
Reappointed as Commissioner in the AGMS on 31 March 2023.
QUALIFICATIONS/ EDUCATION BACKGROUND
Master of Business Administration (MBA) in Finance and
Marketing from Indiana University, Bloomington, IN, USA (1984)
and bachelor’s Degrees with Honors in Electrical Engineering
and Biomedical Engineering from the University of Southern
California in Los Angeles, California (1982).
WORK EXPERIENCE
Currently, Dan Harsono serves as Commissioner of PT Home
Credit Indonesia (October 2023 – present), Chairman of HC
Consumer Finance Philippines, Inc. (June 2023 – present),
Chairman of Member Council SHBank Finance Co., Ltd.
(Vietnam) (May 2023 - present), Director of Alliance Ayudhya
General Insurance PCL (March 2023 – present), Director
Alliance Ayudhya Assurance PCL (January 2022 - present),
Advisor MUFG Bank, Ltd (April 2021 - present).
He has extensive experience in the business management
and financial services area. Dan Harsono previously held
the position of Advisor Hatta Bank Public Company Limited
(January 2023 – December 2024), Advisor Krungsri Leasing
Service Co., Ltd. (January 2021 – December 2024), Advisor
SB Finance Company, Inc (Philippines) (January 2021 –
December 2024), Senior Advisor and/or M&A Specialist at
Bank of Ayudhya Public Company Limited (January 2021
– December 2024), Director Pak Sabai Co., Ltd (January
2020 – January 2024), Director of Aetna Health Insurance
(Thailand), PCL, (May 2022 – February 2023) and also has
experience as Chairman of Hatta Bank PLC (September 2016 -
December 2022). Dan Harsono also has held various important
positions at the Bank of Ayudhya PCL (Krungsri), namely: Chief
Dan Harsono Marketing Officer, Head of Marketing and Cross Sell, Head of
Marketing and International Business Development, Head of
KomisarisCommissioner
Utama Marketing and Branding, and Head of Retail and Consumer
Banking. Before joining Bank of Ayudhya PCL (Krungsri), Dan
Harsono worked at GE Money Asia Regional Office in Bangkok,
Thailand, with his last position as Chief Marketing Officer. Dan
Harsono successfully managed GE Capital Thailand during the
financial crisis ‘Tom Yam Gung’ in 1997 - 2001.
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BOARD OF COMMISSIONERS PROFILE
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Independent Commissioner of Company in the
Annual General Meeting of Shareholders (AGMS) on 20 March
2018. Reappointed as Independent Commissioner in the AGMS
on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Bachelor of Economic from University of Padjadjaran, Bandung,
Indonesia (1989).
WORK EXPERIENCE
Peter Benyamin Stok is a renowned Banker with over four
decades of extensive experience in the Banking industry. His
proficiency in managing and supervising Banks through various
business cycles, has enabled him deliver value creation and
valuable contributions not only to the Banks he worked for, but
also to the Banking industry as a whole. His strong leadership
and ability to bring a harmonious working relationship amongst
stakeholders, has earned him a lot of admiration and respect.
He joined to the team of OJK’s prestigious ‘Fit and Proper Test’
panel that interviews candidates for Banking Commissioner and
Director roles (2016 – 2018). This is an important assignment,
which determines the leadership and future of Indonesian
Banking industry.
Previously he served as the President Commissioner of PT Bank
Negara Indonesia (Persero) Tbk (2009 – 2015), Commissioner
of Bank Permata (2008 - 2009), President Director of PT Bank
Niaga Tbk (now PT Bank CIMB Niaga Tbk) (2000 – 2006).
He served as President Director Bank Dagang Negara (1999
– 2000), He served as President Commissioner of PT Bank
Danamon Indonesia Tbk (1998 – 1999), Vice President Director
Bank Pelita (1997 – 1998), Vice President Director (1994 –
1997) and Director (1991 – 1994) PT Bank Niaga Tbk (now PT
Bank CIMB Niaga Tbk). He started his Banking career as a
management trainee, and he rose rapidly to assume important
Peter Benyamin Stok roles in several prominent Banks.
Commissioner
Komisaris(Independent)
Utama
66 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Independent Commissioner of Company in
the Extraordinary General Meeting of Shareholders on 26
November 2020. Reappointed as Independent Commissioner
in the Annual General Meeting of Shareholders on 31 March
2023.
QUALIFICATIONS/ EDUCATION BACKGROUND
Holds MBA from Joseph M. Katz Graduate School of Business
University of Pittsburgh, USA, 1983 and bachelor’s degree in
management, Parahyangan Catholic University Bandung, 1977.
WORK EXPERIENCE
Currently, Hedy Lapian also serves as Independent
Commissioner of PT Supra Boga Lestari Tbk (May 2022 -
present).
Before joining the Company, Hedy Lapian served as Crisis
Management Advisor (April 2020 – June 2020) and Human
Resources Director of PT Bank CIMB Niaga Tbk (April 2016
- April 2020), Independent Commissioner of PT Asuransi
Tokio Marine Indonesia (October 2015 - March 2016), Director
SRO (covering credit risk and risk management) of Bank
DBS Indonesia (May 2014 - August 2014), Risk Management
Director of PT Bank Internasional Indonesia Tbk (July 2010 -
March 2014). She served as Commercial Director of PT Bank
Barclay Indonesia (January 2009 - June 2010) with primary
responsibility to set up and start the Corporate, Commercial,
SME, Financial Institution, Trade and Cash Management units
for the newly set up Bank. Prior to Barclays, she was the
Country Head, Corporate and Institutional Banking at ABN
Amro Bank N.V., (September 2007 - December 2008). Then
she served as Director & CFO of PT AIG Life (2001 - 2006),
at the time the insurance Company with the largest profits in
Indonesia. She served as Managing Director of Corporate and
Investment Banking of PT Bank Internasional Indonesia Tbk
Hedy Maria Helena Lapian (March 2000 - December 2001), Director American Express
Bank (1994 – 2000). She also served on several non-executive
Commissioner
Komisaris(Independent)
Utama positions in ING Indonesia Bank, American Express TRS,
Standard Chartered Bank and Bank of Trade, San Francisco.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 67
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BOARD OF DIRECTORS
PROFILE
Japanese Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMNENT
Appointed as President Director Company at the Annual
General Meeting Shareholders on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Bachelor of Economics, University of Tokyo, Japan (1991),
Master of Business Administration, University of Michigan’s
Ross School of Business, Amerika Serikat (2001)
WORK EXPERIENCE
Currently, Ejima also serves as President Commissioner of PT
Adira Dinamika Multi Finance Tbk (April 2023 – present).
Before joining the Company, Ejima was appointed and
served as the Regional Executive for MUFG Bank in the Asia
Pacific region. Ejima was responsible for MUFG’s entire Asia
businesses and operating platforms across 18 markets in the
region and was based in Singapore. Prior to this appointment,
he was the Country Head of Indonesia for MUFG Jakarta
Branch, a role he assumed in January 2018 - 2022. Under his
stewardship, MUFG was able to raise its profile as one of the
largest foreign Banks in Indonesia while deepening business
performance and operational resilience.
Before relocating to Indonesia, Ejima was a Deputy General
Manager of Corporate Banking Division for Asia & Oceania
since March 2015. Based in Singapore, he was responsible for
the promotion of Corporate Banking business with global and
regional clients in Southeast Asia and Oceania region.
Ejima is an experienced Corporate Banker who has held roles
in both Japanese and Global Corporate Banking. After honing
his expertise in the Japanese Corporate Banking Group of
The Bank of Tokyo Mitsubishi’s New York Branch in the early
2000s, Ejima moved to the U.S. Corporate Banking Group,
where he continued to be based in New York. Before Ejima
began his assignment in Singapore in March 2015, he was the
Head of Global HR Office at the Bank’s headquarters in Tokyo
Daisuke Ejima from 2013 to 2015.
President Director Ejima began his Banking career in 1991 with The Mitsubishi
Bank, Ltd. He briefly left the Bank to serve as Section Chief
of Japan’s Ministry of Finance’s International Research
Department, Custom & Tariff Bureau. He re-joined The Bank
of Tokyo-Mitsubishi, Ltd. as Manager of the Industry Research
Department within the Research Division.
ROLES AND RESPONSIBILITIES
Ejima Leads the Board of Director the Company and oversees
the Bank’s overall business and operations.
68 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Vice President Director of Company at the
Extraordinary General Meeting of Shareholders on 1 October
2019. Reappointed as Vice President Director at the Annual
General Meeting of Shareholders on 31 March 2023.
QUALIFICATION/EDUCATION BACKGROUND
Graduated with a bachelor’s degree from Sam Ratulangi State
University majoring in Social Economics of Fisheries in 1988
and received his MBA degree from Royal Melbourne Institute
of Technology in 1994.
WORK EXPERIENCE
Honggo is a seasoned Banker with 36 years of experience and
has numerous knowledge in the Banking and financial industry.
He has served as President Commissioner at PT Bank DKI
(2015 - 2018), President Commissioner of PT Pembangunan
Jaya Ancol Tbk (2016 - 2017), Managing Director PT Bank
Negara Indonesia (Persero) Tbk (2010 – 2015), Managing
Director PT Bank Permata Tbk (2008 - 2010) and Managing
Director PT Indofood Sukses Makmur Tbk (2006 – 2007).
He spent approximately 6 years at PT Bank Mandiri (Persero)
Tbk (2000 - 2006). He was given responsibility in the areas
of Retail Banking, Distribution & Network and Commercial
Banking with latest position as EVP Cordinator and Board of
Management of PT Bank Mandiri (Persero) Tbk. He was also
assigned as Commissioner of PT Mandiri Sekuritas (2003 -
2006). Previously as VP and Head of Corporate Banking PT
Bank International Indonesia Tbk (1996 - 2000) and PT Bank
Central Asia Tbk with latest position as Head of Regional Credit
Department (1988 - 1996).
ROLES AND RESPONSIBILITIES
Wholesale Banking Group (Enterprise Banking & Financial
Institution and Small Medium Enterprise), Transaction Banking,
Honggo Widjojo Kangmasto Treasury Sales, Information Technology, Operations.
Vice
Komisaris
President
Utama
Director
PT Bank Danamon Indonesia Tbk 2024 Annual Report 69
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BOARD OF DIRECTORS PROFILE
Indonesia Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Vice President Director of Company at the
Annual General Meeting of Shareholders (AGMS) on 25 March
2022. Reappointed as Vice President Director at the AGMS on
31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Bachelor of Economic in Accounting from Trisakti University
in 1988.
WORK EXPERIENCES
Currently, Hafid also serves as Commissioner of PT Adira
Dinamika Multi Finance Tbk (October 2022 - present).
Previously, Hafid served at PT Adira Dinamika Multi Finance
Tbk as President Director and Compliance Director (May 2017
– March 2022), Director of Marketing and Financing (2012 -
2017), Director of Car Marketing and Financing (2010 - 2012),
Director of Finance and Corporate Secretary (2006 - 2010).
Hafid has more than 31 years of experiences in the financial
and Banking industry. Before joining PT Adira Dinamika Multi
Finance Tbk, Hafid served in various important positions
at several companies, namely as Director of PT Broadband
Multimedia Tbk (2002 - 2005), Vice President Director of PT
Bank Lippo Tbk (2001 - 2002), various senior positions at
Citibank, N.A., Jakarta (1988 - 2001) and as Auditor at Arthur
Andersen & Co. (1985 - 1988).
ROLES AND RESPONSIBILITIES
Consumer Banking Group and Branch Network business and
supervision PT Adira Dinamika Multi Finance Tbk
Hafid Hadeli
Komisaris
Vice President
UtamaDirector
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of Company at the Annual General
Meeting of Shareholder (AGMS) on 3 April 2008. Reappointed
as Director at the AGMS on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Obtained Bachelor degree from Padjadjaran University,
Bandung.
WORK EXPERIENCE
Joined the Company as Head of Transaction Banking In
2003. Previously worked as Senior Cash Management &
Trade Business Development Manager Standard Chartered
Indonesia (2000 - 2003), Bank Universal with his last position
as International Operation Head (1992 - 2000). The first
Indonesian Banker holding international certification in letter
of credit from the International Chamber of Commerce France
in 1998.
ROLES AND RESPONSIBILITIES
Sharia Banking, SME Credit, Sustainable Finance, Corporate
Real Estate Management (CREM)
Herry Hykmanto
Director
Komisaris Utama
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BOARD OF DIRECTORS PROFILE
Indonesia Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of Company at the Extraordinary
General Meeting of Shareholder (EGMS) on 7 September 2016.
Reappointed as Director at the Annual General Meeting of
Shareholders (AGMS) on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Obtained Bachelor of Law from University of Indonesia.
WORK EXPERIENCES
Before joining the Company, served as Director Regulatory
Compliance & Financial Crime Compliance at The Hongkong
Shanghai Banking Limited (HSBC Indonesia) (2013 - 2016),
Director Legal, Compliance, and Corporate Secretary at PT
Bank Internasional Indonesia Tbk (now PT Bank Maybank
Indonesia Tbk) (2009 - 2013), Director Country Compliance
Representative at ABN AMRO Bank NV Indonesia (2006 – 2009)
and Compliance Director, Country Head Legal & Compliance at
Standard Chartered Bank Indonesia (1998 - 2006). Rita started
her Banking career in 1991.
ROLES AND RESPONSIBILITIES
Compliance, Financial Crime Compliance, Corporate Secretary,
Legal and Litigation
Rita Mirasari
Komisaris
Director Utama
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director at the Annual General Meeting of
Shareholders (AGMS) on 20 March 2018. Reappointed as
Director at the AGMS on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Obtained a Bachelor of Arts in Economics from Binghamton
University, USA.
WORK EXPERIENCE
Joined the Company from 2017. Previously served in HSBC
Group including as President Commissioner of PT HSBC
Securities Indonesia since 2016, Chief Risk Officer of PT Bank
Ekonomi Raharja Tbk since 2014. Held several senior positions
such as Senior Vice President in Business Banking, Human
Resources, Global Banking, Credit Risk Management at HSBC
Indonesia since 1998.
He started his career as a Management Trainee at PT United
Overseas Bank Bali and then at PT Bank Modern Tbk. before
joining HSBC Indonesia.
ROLES AND RESPONSIBILITIES
Risk Management
Dadi Budiana
Director
Komisaris Utama
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BOARD OF DIRECTORS PROFILE
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of Company in the Extraordinary
General Meeting of Shareholders (EGMS) on 1 October 2019.
Reappointed as Director at the Annual General Meeting of
Shareholders (AGMS) on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
Obtained Bachelor degree in Accounting from Trisakti
University, Jakarta and Certified Public Accountant, Indonesia.
WORK EXPERIENCE
Previously he was the Finance Director in PT Bank UOB
Indonesia (2015 - 2019), and Finance Director in PT Asuransi
Adira Dinamika Tbk (2012 - 2015). Previously, Muljono had
joined Danamon (2003 - 2012) with last position as Head
of Financial Accounting and Tax. He also worked for Public
Accountant Firms of PwC and KPMG (Indonesia and Australia)
(1990 - 2003).
ROLES AND RESPONSIBILITIES
Finance
Muljono Tjandra
Komisaris
Director Utama
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Indonesia Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of Company in the Annual General
Meeting of Shareholders (AGMS) on 25 March 2022.
Reappointed as Director at the AGMS on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
MBA in Marketing & Finance, California State University, Los
Angeles, California (1995) and Bachelor of Science in Finance,
Portland State University, Portland, Oregon (1990).
WORK EXPERIENCE
Head of Enterprise Banking and Financial Institution (EBFI) of
Company since 2019. While leading the EBFI business, Thomas
has been an instrumental leader in delivering business results
as well as developing internal capabilities.
Thomas has more than 25 years of experiences in the Banking
industry. Before joining Company, Thomas joined Bank HSBC
with his latest position as Head of Corporate Banking (2015
- 2018). Thomas also had a career at CIMB Niaga where he
served as the Head of Corporate Banking (2012 - 2014) and
Head of Trade Finance (2012 - 2013).
ROLES AND RESPONSIBILITIES
Enterprise Banking and Financial Institution.
Thomas Sudarma
Director
Komisaris Utama
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BOARD OF DIRECTORS PROFILE
Japanese Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Appointed as Director of the Company at the Annual General
Meeting of Shareholder on 22 March 2024.
QUALIFICATION/EDUCATION BACKGROUND
Obtained Bachelor of Law from University of Gakushuin (1997).
WORK EXPERIENCES
Before joining the Company, served as Director, Chief of
Business Alliances Strategy PT Adira Dinamika Multifinance
Tbk (August 2020 - March 2024), Managing Director, Head
of Planning Department of Japanese Corporate Banking for
Americas, MUFG Union Bank, New York (January 2017 - August
2020), Director of Corporate Banking Group, Bank of Tokyo
Mitsubishi UFJ London (July 2011 - January 2017), Manager
of Corporate Banking Group, Bank of Tokyo Mitsubishi UFJ
Nagoya (October 2007 - July 2011), Manager of Corporate
Banking Group, Bank of Tokyo Mitsubishi Tokyo (September
2004 - October 2007), Group Leader of Treasury Department,
Bank of Tokyo Mitsubishi Jakarta (June 2001 - September
2004).
ROLES AND RESPONSIBILITIES
Global Alliance Strategy
Jin Yoshida
Komisaris
Director Utama
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SHARIA SUPERVISORY BOARD
PROFILE
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
He has been serving as Chairman of Syariah Supervisory
Board, Syariah Business Unit the Company since 2002 and
reappointed with the same position in the Annual General
Meeting of Shareholders on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
He earned his Bachelor degree from IAIN Syarif Hidayatullah,
Jakarta (1979), and earned his M.A. (1988) and Ph.D from the
University of California Los Angeles (UCLA), USA (1991).
WORK EXPERIENCE
He is Professor of Islamic Politics, UIN Jakarta. Member of the
advisory board member of the King Abdulaziz International
Center for Interreligious and Intercultural Dialogue (KAICIID)
Austria (2015 - present), Founder and Chairman of the Center
for Dialogue and Cooperation among Civilizations (2007 –
present), Member of the Group for Strategic Vision Russia
- Islamic World (2006 - present), Member of Senior Fellows
Royal Aal Al-Bayt Institute for Islamic Thought, Jordan (2013
– present), Special Envoy of the President of the Republic
of Indonesia for Interfaith and Intercultural Dialogue and
Cooperation (2017 - 2018), Chairman of MUI Advisory Council
(2015 - 2020), Member of the Leadership Council of the United
Nation Sustainable Development Solutions Network (2015 –
2019), Co-President World Conference of Religions for Peace
(WCRP) (2006 - 2020), Chairman of the World Peace Forum
(WPF) (2006 - 2020), General Chairman of PP Muhammadiyah
(2005 - 2015) and President of the Asian Conference on
Religions for Peace (ACRP) Japan (2008 – 2020).
Prof. Dr. H. M. Din Syamsuddin, MA
Chairman of Syariah Supervisory Board
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SHARIA SUPERVISORY BOARD PROFILE
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
He has been serving as Member of Sharia Supervisory
Board, Sharia Business Unit of the Company since 2002 and
reappointed with the same position in the Annual General
Meeting of Shareholders on 31 March 2023.
QUALIFICATIONS/EDUCATION BACKGROUND
He earned his Bachelor’s Degree (1989), Master of Religion
(M.Ag) (1997) and Doctorate from IAIN Syarif Hidayatullah,
Jakarta (2008).
WORK EXPERIENCE
Hasanudin serves as Chairman of Sharia Supervisory Board
(SSB) at PT Bank Syariah Indonesia Tbk (2020 - present),
Chairman of SSB PT. Sarana Multigriya Financial (2018 -
present) and Chairman of SSB at Toyota Astra Finance Service
Syariah (2012 - present). He also served as Chairman of
Daily Implementation Board (BPH) National Sharia Board –
Indonesian Council of Ulama (DSN-MUI) (2020 - present),
member of the Indonesia Stock Exchange (IDX) Sharia Capital
Market Development Team, Training Instructor organized by
DSN-MUI in sharia Banking, sharia Insurance, sharia financing
companies, sharia capital market, and sharia cooperatives
(2015 - present), Deputy Chairman of the Fatwa Commission
of the Indonesian Council of Ulama (2010 - present) and
Lecturer of Post Graduate at UIN Syarif Hidayatullah (2012 –
present) and Institute of Al-Qur’an Science (IIQ) Jakarta (2010
- present).
Previously, He is was a Chairman of SSB at PT Trimegah
Asset Management (2015 – May 2024), Deputy Chairman of
the Daily Implementation Board (BPH) National Sharia Council
MUI (2015 - 2020), Working Team Member KPJKS OJK (2014
- 2016), member of Board of Syari’ah Standard Accounting
(DSAS) - Indonesian Accountant Association (IAI) (2012 -
2016), Chairman and member of SSB at PT BNI Sharia Bank
Prof. Dr. Hasanudin, M.Ag. (2010 - 2021), Deputy Secretary of the Daily Implementing
Agency (BPH) of the National Sharia Council MUI (1999 - 2015)
Member for Syariah
Komisaris
Supervisory
Utama Board and Secretary of the Fatwa Commission of Majelis Ulama
Indonesia (1997 - 2010).
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
He has been serving as Member of Syariah Supervisory
Board, Syariah Business Unit of the Company since 2018 and
reappointed with the same position in the Annual General
Meeting of Shareholders 31 March 2023.
QUALIFICATION/EDUCATION BACKGROUND
Graduated from IAIN Syarif Hidayatullah Jakarta (1993)
and obtained a Master’s Degree in Religion (M.Ag) from
Muhammadiyah University Jakarta (2001), as well as a Doctoral
degree from UIN Syarif Hidayatullah Jakarta (2020).
WORK EXPERIENCE
Asep is a Syariah Supervisory Board (SSB) with more than 5
years of experience. Asep serves as SSB Member of PT Bank
Permata (Syariah Business Unit) (November 2024 – present),
SSB member of PT Fintek Karya Nusantara (Syariah Business
Unit Link Aja Syariah) (2020 - present), Chairman of SSB PT
Asuransi Jiwa Generali Indonesia (Syariah Business Unit)
(2017 - present). Asep also served as the Deputy Secretary
of Daily Implementation Board (BPH) National Sharia Board –
Indoensian Council of Ulama (DSN-MUI) (2017 - present) and
Lecturer of Muhammadiyah University of Jakarta & ITB Ahmad
Dahlan (2008 - present).
Previously, he served as Chairman of SSB PT Capital
Life Syariah (2016 – September 2024), member of Daily
Implementation Board (BPH) DSN-MUI Sharia Non-Bank
Financial Industry (2014 - 2016) and Senior Lawyer at Law
Office of Remy & Partners (2002 - 2015).
Dr. Asep Supyadillah, M.Ag.
Member for Syariah
Komisaris
Supervisory
Utama Board
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INDEPENDENT PARTIES
PROFILE
Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Served as an Independent Party of the Company as a
member of the Risk Oversight Committee, member of the
Audit Committee and member of the Integrated Governance
committee since 2020.
QUALIFICATIONS/EDUCATION BACKGROUND
He obtained his Bachelor of Economics, Airlangga University
(1989) and Master of Arts (MA) in Development Economics,
Williams College, Williamstown, Massachusetts, USA (1989).
He is also certified Chartered Accountant (CA – Indonesia).
WORK EXPERIENCES
Zainal serves as Independent Commissioner at PT Krom Bank
Indonesia Tbk (September 2022 – present).
He served as President Commissioner of PT Artajasa
Pembayaran Elektronis (2017 - 2020) and President
Commissioner of PT Mekar Prana Indah - Bidakara Group
(2014 - 2017). He started his career since 1983 at Bank
Indonesia with several positions including Executive Director
at The Department of Credit, Rural Bank Supervision/
Examination and MSME Development (2012 - 2013), Director
at the Directorate of Accounting and Payment Systems (2012),
Senior Researcher in The Banking Regulation and Central
Banking Studies (2008 - 2012), Director at The Directorate
of Bank Supervision and Examination (2007 - 2008), Deputy
Director/Head of Dealing Room/Head of Foreign Exchange
and Exchange Rate Management Bureau at the Directorate
of Foreign Exchange Management (2001 - 2007) and
Deputy Director at the Directorate of Bank Supervision and
Examination (2001).
Zainal Abidin
Independent Party
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Indonesian Citizen.
Domiciled in Indonesia.
LEGAL BASIS OF APPOINTMENT
Served as an Independent Party of the Company as a member
Risk Oversight Committee and member of Audit Committee
since 2020.
QUALIFICATIONS/EDUCATION BACKGROUND
She obtained her bachelor’s degree in accounting, University
of Indonesia (1986) and Master of Business Administration in
Finance from Katholieke Universiteit Leuven, Belgium (1990).
She is also Registered Public Accountant, Certified Public
Accountant and Chartered Accountant.
WORK EXPERIENCES
Currently, Mawar serves as a member of the Supervisory Board
of the Indonesian Public Accountant Institute (IAPI) (2018 –
present) and member of the Association of Indonesian Audit
Committee (2004 - present). She is also public accountant
with the position of Senior Managing Partner at the public
accounting firm Amir Abadi Jusuf, Aryanto, Mawar & Rekan,
member firm of RSM International (July 1994 – present) and
a Lecturer at the Accounting Department of the Faculty of
Economics and Business-University of Indonesia (1985 -
present).
Previously she was Senior Auditor at SGV-Utomo Public
Accounting Firm, member firm of Arthur Andersen & C0. (1996 -
1998) and Associate Consultant at the Institute of Management
Faculty of Economics University of Indonesia (1990 - 1994).
Mawar I.R. Napitupulu
Independent Party
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EMPLOYEE
DEMOGRAPHIC [POJK C.3] [GRI 2-7] [GRI 405-1] [IDX S-02]
Employee Composition by Company (Consolidated)
Employee
Company 2024 2023 2022
Danamon 8.548 8.752 8.883
PT Adira Dinamika Multi Finance Tbk (ADMF) 17.098 17.243 17.301
Total 25.646 25.995 26.184
Employee Composition by Gender (Consolidated)
Employee
Gender 2024 2023 2022
Female 8.161 8.168 8.063
Male 17.485 17.827 18.121
Total 25.646 25.995 26.184
Employee Composition by Age (Consolidated)
Employee
Age 2024 2023 2022
Female 578 662 669
<25 years Male 382 480 532
Total 960 1.142 1.201
Female 3.670 3.643 3.877
25-34 years Male 6.674 6.414 7.692
Total 10.344 10.057 11.569
Female 2.606 2.505 2.262
35-44 years Male 7.327 7.657 7.356
Total 9.933 10.162 9.618
Female 1.307 1.358 1.255
>45 years Male 3.102 3.276 2.541
Total 4.409 4.634 3.796
Total 25.646 25.995 26.184
Employee Composition by Education Level (Consolidated)
Employee
Jenjang Pendidikan 2024 2023 2022
Female 183 184 166
Post-graduate Male 368 354 339
Total 551 538 505
Female 6.423 6.407 6.296
Graduate Male 12.448 12.502 12.484
Total 18.871 18.909 18.780
Female 1.369 1.393 1.407
Diploma Male 2.732 2.822 2.961
Total 4.101 4.215 4.368
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Employee
Jenjang Pendidikan 2024 2023 2022
Female 186 184 191
Senior High School Male 1.934 2.146 2.322
Total 2.120 2.330 2.513
Female 0 0 3
Junior High School/Elementary Male 3 3 15
Total 3 3 18
Total 25.646 25.995 26.184
Employee Composition by Employment Status (Consolidated) [GRI 2-8]
Employee
Employment Status 2024 2023 2022
Female 7.635 7.565 7.290
Permanent* Male 15.618 15.673 15.121
Total 23.253 23.238 22.411
Female 526 603 773
Non-Permanent** Male 1.867 2.154 3.000
Total 2.393 2.757 3.773
Total 25.646 25.995 26.184
Notes:
*
Permanent employees include permanent and probation
**
Non-permanent employees include contracts, trainees, honorariums, and expatriates
Employee Composition by Organization Level (Consolidated)
Employee
Position 2024 2023 2022
Female 2 3 3
Top Management & Technical
Male 21 21 19
Advisor
Total 23 24 22
Female 119 120 125
Senior Manager Male 236 235 235
Total 355 355 360
Female 1.186 1.200 1.155
Manager Male 2.092 2.022 1.947
Total 3.278 3.222 3.102
Female 2.823 2.782 2.774
Officer Male 5.137 5.055 4.986
Total 7.960 7.837 7.760
Female 4.031 4.063 4.006
Staff Male 9.999 10.494 10.934
Total 14.030 14.557 14.940
Total 25.646 25.995 26.184
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Employee Composition by Employment Status and Region (Consolidated)
Employee
Position 2024 2023 2022
Region Jakarta
Female 3.234 3.242 3.089
Permanent* Male 5.512 5.320 4.987
Total 8.746 8.562 8.076
Female 231 244 293
Non-Permanent** Male 714 942 1.145
Total 945 1.186 1.438
Total 9.691 9.748 9.514
Region Bandung
Female 506 514 505
Permanent *
Male 1.320 1.346 1.328
Total 1.826 1.860 1.833
Female 16 31 48
Non-Permanent **
Male 187 250 378
Total 203 281 426
Total 2.029 2.141 2.259
Region Surabaya
Female 898 882 864
Permanent *
Male 2.158 2.170 2.180
Total 3.056 3.052 3.044
Female 27 37 43
Non-Permanent** Male 182 248 334
Total 209 285 377
Total 3.265 3.337 3.421
Region Makassar
Female 716 691 652
Permanent *
Male 1.426 1.469 1.438
Total 2.142 2.160 2.090
Female 57 87 97
Non-Permanent** Male 229 139 219
Total 286 226 316
Total 2.428 2.386 2.406
Region Balikpapan
Female 530 494 495
Permanent* Male 1.049 1.077 1.034
Total 1.579 1.571 1.529
Female 50 71 80
Non-Permanent** Male 138 131 182
Total 188 202 262
Total 1.767 1.773 1.791
Region Medan
Female 1.177 1.176 1.118
Permanent* Male 2.639 2.756 2.710
Total 3.816 3.932 3.828
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Employee
Position 2024 2023 2022
Female 86 76 156
Non-Permanent** Male 303 279 478
Total 389 355 634
Total 4.205 4.287 4.462
Region Semarang
Female 574 566 567
Permanent* Male 1.514 1.535 1.444
Total 2.088 2.101 2.011
Female 59 57 56
Non-Permanent **
Male 114 165 264
Total 173 222 320
Total 2.261 2.323 2.331
Notes:
* Permanent employees include permanent and probationary.
** Non-Permanent employees include contract, trainee, honorarium and expatriate. Data does not include outsourced employees.
• Region used:
- Jakarta Region, covering the entire Jakarta Special Region and Lampung Province.
- Bandung Region, covering all of West Java Province
- Semarang Region, covering all Provinces of Central Java and Special Region of Yogyakarta
- Surabaya Region, covering all Provinces in the East Java, Bali and Nusa Tenggara regions
- Makassar Region, covering all Provinces in the Sulawesi, Maluku & Papua regions
- Balikpapan Region, covering all provinces on the island of Kalimantan
- Medan Region, covering all Provinces in Sumatera (including Batam & Tanjung Pinang, except Lampung Province)
Employee Composition based on Employment Tenure (Consolidated)
Position Employment Tenure (years) 2024 2023 2022
0-5 years 9,826 9,408 11,246
5-10 years 5,551 5,804 4,861
>10 years 10,269 10,783 10,077
Total 25,646 25,995 26,184
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SHAREHOLDERS
COMPOSITION [POJK C.3]
7.53%
Number of
Shareholders Name
Shares
%
MUFG Bank, Ltd. 9,038,053,192 92.47
(directly & indirectly)
2024 Public 735,499,678 7.53
Total 9,773,552,870 100.00
MUFG Bank, Ltd. Public
92.47% (directly & indirectly)
Board of Commisioner
No Name Position Number of Shares Percentage
1 Yasushi Itagaki President Commissioner - -
2 Halim Alamsyah
Vice Independent Commissioner - -
(Independent)
3 Peter Benyamin Stok Independent Commissioner - -
4 Nobuya Kawasaki Commissioner - -
5 Hedy Maria Helena Lapian Independent Commissioner - -
6 Dan Harsono Commissioner - -
Board of Directors
No Name Position Number of Shares Percentage
1 Daisuke Ejima President Director - -
2 Honggo Widjojo Kangmasto Vice President Director 1,188,000 0.01%
3 Hafid Hadeli Vice President Director 534,200 0.00%
4 Herry Hykmanto Director 680,256 0.01%
5 Rita Mirasari Director 343,600 0.00%
6 Dadi Budiana Director 749,700 0.01%
7 Muljono Tjandra Director 503,000 0.00%
8 Thomas Sudarma Director 460,100 0.00%
9 Jin Yoshida Director - -
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TOTAL SHAREHOLDERS AND
SHAREHOLDING PERCENTAGE
AS OF THE END OF THE YEAR
BY CLASSIFICATION
0.0% 0.0%
3.5% 3.2%
2.1% 2.3%
2024 2023
94.4% 94.5%
INSTITUTION - INSTITUTION - INDIVIDUAL - INDIVIDUAL -
FOREIGN DOMESTIC DOMESTIC FOREIGN
TOP 10 SHAREHOLDERS AS OF 31 DECEMBER 2024
Total Shares (%)
No Shareholder’s Name Shareholding
Owned
1 MUFG Bank Ltd 8,940,317,662 91.47
2 UBS AG LONDON BRANCH EQUITIES HOUSE -2140724003 157,097,733 1.61
3 PT Guna Dharma 97,735,530 1.00
4 PT. CEALMI KHIEZT INDONESIA 62,557,400 0.64
5 DRS. LO KHENG HONG 18,552,200 0.18
6 BANQUE PICTET AND CIE SA 12,200,000 0.12
7 CACEIS BANK, LUXEMBOURG BRANCH/ NEF 11,671,200 0.12
8 CGS INTERNATIONAL SECURITIES SINGAPORE PTE LTD 10,637,100 0.11
9 JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND 9,524,650 0.1
10 JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK INDEX FUND 9,320,000 0.09
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SHARE LISTING
CHRONOLOGY
Danamon has listed its shares on the Indonesia Stock Exchange in 1989, under the ticker symbol BDMN with
9,773,552,870 shares in circulation, consisting of 22,400,000 Series A Shares and 9,751,152,870 Series B Shares.
Shares not listed in order to comply with Government Regulation (PP) No. 29 of 1999 concerning Purchase of
Commercial Bank Shares amount to 97,735,530 shares in the name of PT Guna Dharma.
The following is the timeline of Danamon’s share listing:
Share Listing Timeline
Series A Shares
Shares from Initial Public Offering in 1989 12,000,000
Founders’ shares 22,400,000
Bonus shares from capitalization of additional paid-up capital – capital paid in excess of par value in 1992 34,400,000
Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) I in 1993 224,000,000
Bonus shares from capitalization of additional paid-up capital – capital paid in excess of par value in 1995 112,000,000
Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) II in 1996 560,000,000
Founders’ shares in 1996 155,200,000
Shares resulting from stock split in 1997 1,120,000,000
2,240,000,000
Increase in par value to Rp10,000 (full amount) per share through reduction in total number of shares (reverse stock split) in :20
2001 112,000,000
Increase in par value to Rp50,000 (full amount) per share through a reduction in total number of shares (reverse stock split) :5
in 2003 22,400,000
Total A series Shares as of 31 December 2024 22,400,000
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Share Listing Timeline
Series B Shares
Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) III in 1999 215,040,000,000
Shares issued in connection with the Bank’s merger with the former PDFCI in 1999 45,375,000,000
Shares issued in connection with the Bank’s merger with Bank Tiara in 2000 35,557,200,000
Shares issued in connection with the Bank’s merger with 7 other BTO * (Taken-Over Banks) in 2000 192,480,000,000
488,452,200,000
Increase in par value to Rp100 (full amount) per share through reduction in total number of shares (reverse stock split) in :20
2001 24,422,610,000
Increase in par value to Rp500 (full amount) per share through reduction in total number of shares (reverse stock split) in :5
2003 4,884,522,000
Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) IV in 2009 3,314,893,116
Shares from limited public offering with pre-emptive rights (rights issue) V in 2011 1,162,285,399
Shares issued in connection with Employee/Management Stock Option Program (tranche I-III)
2005 13,972,000
2006 24,863,000
2007 87,315,900
2008 13,057,800
2009 29,359,300
2010 26,742,350
2011 5,232,500
Shares issued in connection with the Bank’s merger with PT Bank Nusantara Parahyangan Tbk in 2019 188,909,505
Total number of Series B shares as of 31 December 2024 9,751,152,870
* 7 BTOs consist of PT Bank Duta Tbk, PT Bank Rama Tbk, PT Bank Tamara Tbk, PT Bank Nusa Nasional Tbk, PT Bank Pos Nusantara, PT JayaBank International, and PT
Bank Risjad Salim Internasional
TIMELINE OF
OTHER SECURITIES LISTINGS
As of 31 December 2024, Danamon did not have any other outstanding securities.
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
MAJORITY & CONTROLLING
SHAREHOLDERS
Mitsubishi UFJ
Financial Group, Inc.
100.00%
MUFG Bank, Ltd. Public
(direct & indirect)
92.47% 7.53%
(22,400,000 shares) series A
(9,038,053,192 shares) series B (713,099,678 shares) series B
92.07%
ABOUT
MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo
and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40
countries. The Group has about 140,000 employees and offers services including commercial Banking, trust Banking,
securities, credit cards, consumer financing, asset management, and leasing. The Group aims to “be the world’s most
trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the
financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.
MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.
mufg.jp/english.
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CORPORATE
GROUP STRUCTURE
PT. Adira Dinamika
Multi Finance, Tbk.
PT. Bank Woori Saudara
PT. Bank Chinatrust PT. Zurich Asuransi
Indonesia 1906, Tbk. Others
Indonesia Indonesia, Tbk
(d/h PT. Bank Woori Indonesia)
Subsidiaries Affiliated Companies
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CORPORATE GROUP STRUCTURE
SUBSIDIARIES
Company Name PT. Adira Dinamika Multi Finance, Tbk. (Adira Finance)
Core Business Financing
Company Profile Driven by the vision of “Creating Shared Value to Improve Prosperity,” Adira Finance has a mission: “To
provide a variety of financial solutions according to the needs of each customer through synergy with
the ecosystem.” Aligning with its logo and brand promise, “Sahabat Setia Selamanya,” Adira Finance is
committed to building good long-term relationships with the entire ecosystem, both internal and external,
such as employees, consumers, business partners, and all stakeholders. This commitment drives Adira
Finance to serve our consumers in every aspect of their lives in order to build long-term relationships with
customers in all aspects of their lives, fostering a lasting relationship or a “customer for life.” Adira Finance
aims for its customers to feel its presence as a trusted friend (“Sahabat”) who provides financial solutions
while fostering synergy under the concept of “Sahabat Adira.” In Adira Finance’s philosophy, the concept
of “Sahabat” carries profound meaning, reflecting the values embodied by Adira Finance for its customers:
Flexibility, Transparency, Innovation, and Synergy. Adira Finance’s primary focus is to provide various
financing solutions to customers, including automotive financing for motorcycles and cars, both new and
used, as well as electric vehicles from various brands. Adira Finance also provides multipurpose financing
through its “Solusi Dana” product, along with other product offerings.
The main products and services offered by Adira Finance include investment financing, working capital
financing, multipurpose financing, and other types of financing, as well as operating leases and sharia
financing in accordance with the regulations of the Financial Services Authority (OJK).
Shareholding 92.07%
Establishment November 13, 1990
Operational Status Operating
Total Assets (Rp Billion) 32,572
Address Milenium Centennial Center 53rd Floor, 56-61
Jl. Jendral Sudirman Kav. 25, Jakarta
Phone: (+62 21) 3973 3232, 3973 3322
Fax: (+62 21) 3973 4949
E-mail: af.investor.relation@adira.co.id
Key Management Board of Commissioners
President Commissioner: Daisuke Ejima
Independent Commissioner: Krisna Wijaya
Independent Commissioner: Manggi Taruna Habir
Commissioner: Eng Heng Nee Philip
Commissioner: Congsin Congcar
Commissioner: Hafid Hadeli
Board of Directors
President Director: I Dewa Made Susila
Director: Swandajani Gunadi
Director: Niko Kurniawan Bonggowarsito
Director: Harry Latif
Director: Denny Riza Farib
Director: Sigit Hendra Gunawan
Director: Sylvanus Gani Kukuh Mendrofa
Director: Takanori Mizuno
Affiliated Companies
Company Name Business Activity Ownership (%)
PT Zurich Asuransi Indonesia Tbk. Insurance 19.81 %
PT Bank Woori Saudara Indonesia 1906 Tbk. (d/h PT Bank Woori Indonesia) Banking 0.94%
PT Bank Chinatrust Indonesia Banking 1.00%
Other Joint Venture Telecommunication 0.24%-4.21%
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PUBLIC ACCOUNTANT &
PUBLIC ACCOUNTANT FIRM
PUBLIC ACCOUNTANT FIRM
Liana Ramon Xenia & Rekan (Member Firm of Deloitte Southeast Asia Limited)
Registered Public Accountants
License No.432/KM.1/2024
The Plaza Office Tower 32nd Floor
Jl. M.H. Thamrin Kav 28 – 30 Jakarta 10350
Phone : +62 21 5081 8000
Fax : +62 21 2992 8300
Email : iddttl@deloitte.com
Website : www.deloitte.com/id
CAPITAL MARKETS SUPPORTING
INSTITUTIONS PROFESSIONALS
SHARES TRADING CREDIT RATINGS
AND LISTING AGENCIES
PT Bursa Efek Indonesia PT Fitch Ratings Indonesia
Indonesia Stock Exchange Building 1st Tower DBS Bank Tower, 24th Floor, Suite 2403
Jl. Jend. Sudirman Kav. 52-53 Floor 6th Jl. Prof. Dr. Satrio Kav. 3-5 Jakarta-Indonesia 12940
Jakarta 12190 Indonesia Phone : (62-21) 29886800
Phone : +6221 150 515 Fax : (62-21) 29886822
E-mail : listing@idx.co.id Website : www.fitchratings.com
Website : www.idx.co.id
Fitch Ratings Ltd.
CUSTODIAN 30 North Colonnade London E14 5GN United Kingdom,
Phone : +44(0)20 3530 1000
PT Kustodian Sentral Efek Indonesia Website : www.fitchratings.com
Indonesia Stock Exchange Building 1st Tower 5th Floor
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190 Indonesia PT Pemeringkat Efek Indonesia (Pefindo)
Phone : +6221 515 2855 Equity Tower 30th Floor
Fax : +6221 5299 1199 Sudirman Central Business District Lot 9
Bebas Pulsa : 0800-186-5734 Jl. Jenderal Sudirman Kav. 52-53
E-mail : helpdesk@ksei.co.id Jakarta 12190, Indonesia
Website : www.ksei.co.id Phone : +62 21 509 684 69
Fax : +62 21 509 684 68
SHARE REGISTRAR Website : www.pefindo.com
PT Adimitra Jasa Korpora NOTARY
Kirana Boutique Office
Jl Kirana Avenue III Blok F3 No 5 Mala Mukti, S.H., LL.M.
Kelapa Gading-Jakarta Utara 14250 AXA Tower 27th Floor, Suite 06
Phone : +6221 2974 5222 Jl. Prof. Dr. Satrio Kav. 18 Jakarta 12940
Fax : +6221 2928 9961 Phone : +6221 3005 6229
E-mail : opr@adimitra-jk.co.id Fax : +6221 3005 6373
E-mail : malamukti@cbn.net.id
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Financial Management Company Management Discussion
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AWARD &
CERTIFICATION
January July
7th Infobank Infobank Banking
Satisfaction, Loyalty, Service Excellence
and Engagement Organizer:
Awards 2024 Infobank
Category:
Organizer: • Diamond Trophy – 20
Infobank Consecutive Years in Service
Category: Excellence
The 3rd Most Satisfying KBMI 3
Bank in Teller Service
June • Golden Trophy – 5 Consecutive
Years in Digital Channel
HR Asia Awards 2024 • The Best – Teller (Rank I)
• The Best - Opening Account
Organizer:
April HR Asia dan Business Media
Via Mobile Application/Mobile
Browser (Rank II)
13th Infobank Digital International
Category:
Brand Recognition Best Companies to Work For in Sharia Business Unit
2024 Asia 2024 • Platinum Trophy – 10
Consecutive Years in Service
Excellence
Organizer:
Infobank
June • The Best Overall UUS Dalam
March Category: Infobank The Most Pelayanan Prima (Rank II)
• The Best - ATM Cabang
Retail Banker
• Rank 2 - Conventional Outstanding Women (Rank I)
Commercial Bank
International Asia • Rank 1 - Conventional 2024 • The Best- Teller (Rank I)
Commercial Bank Internet • The Best - Overall Walk-In
Trailblazer Awards Banking Organizer: Channel (Rank II)
2024 • Rank 2 - Conventional Infobank • The Best - Customer Service
Commercial Bank Credit Card Category: (Rank II)
• Rank 2 - Conventional • Mrs. Hedy Maria Helena Lapian
Organizer: – Independent Commissioner
MEED dan GlobalData Commercial Bank Wealth
Management • Mrs. Rita Mirasari – Compliance
Category: Director
Best Retail Bank - Indonesia • Rank 2 - Conventional
Commercial Bank Mobile
Banking
March • Rank 2 - Conventional
Indonesia CSR Commercial Bank Internet
Banking Overall
Excellence Awards • Rank 2 - Overall Sharia
2024 Business Unit
• Rank 2 - Conventional
Organizer: Commercial Bank Sharia
First Indonesia Magazine Business Unit
Category:
• The Best Integrated CSR
• The Best Company in June
Community
Commitment
LSEG Indonesia FX June August
• The Best Corporate CSR Awards 2024 Best Corporate HR Excellence Awards
Program
Organizer:
Transparency and 2024
• The Best Leadership Focus on
CSR untuk Daisuke Ejima London Stock Exchange Group Emission Reduction
Category: 2024 Organizer:
Most Active FXall Bank (Taker), HROnline.net
Second Runner Up Organizer: Category:
Investortrust Excellence in Workforce Mobility –
Category: Predicate Gold Trophy
Transparency of Corporate
Emission Reduction
Green Predicate & Transparency
of Corporate Emission Calculation
Gold Predicate.
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October November
13th Infobank Sharia The 15th IICD Corporate
Recognition 2024 Governance
Organizer:
Conference and Award
Infobank
Category: Organizer:
The Best Sharia Banking Business Indonesian Institute for Corporate
Unit 2024 Directorship (IICD) collaborates
with Investortrust.id
September Category:
• Top 50 Issuers with the Largest
Fortune Indonesia 100 Market Capitalization (Big Cap
- 2024 September PLCs)
• Best Responsibility of The
Organizer:
TOP GRC Awards Board
Majalah Fortune Indonesia 2024
Category:
Indonesia’s Biggest Companies in Organizer:
Financials Category Top Business
Category:
• TOP GRC Awards 2024 – 4
stars November
• The Most Committed GRC
Leader 2024 – Daisuke Ejima – LinkedIn Talent
President Director Awards Indonesia
2024
Organizer:
LinkedIn
Category:
December
BPKH Banking Award
September • The Best Talent Acquisition
Team for companies with 2024
SWA Indonesia Best 5,000–10,000 employees
• Finalist in the Best Employer
CX-EX Strategy 2024 Brand and Learning Champion
Organizer:
Badan Pengelola Keuangan Haji
categories (BPKH)
Organizer:
SWA Media Group
September Category:
Bisnis Indonesia • Rank 1 – BPS BPIH Contribution
Category:
November to the Growth of the Best Hajj
Indonesia Best Customer Financial Awards
Experience (CX) & Employee 11th Properti Indonesia Applicants 2024 in the Sharia
2024 Business Unit (UUS) Category
Experience Strategy (EX) – Award 2024 of National Banks
Excellence Predicate
Organizer: • Rank 3 – BPS BPIH Best Young
Organizer:
September Bisnis Indonesia
Category: Media Properti Indonesia
Hajj Applicants 2024 in the
Sharia Business Unit (UUS)
Jawa Pos 7 Most Best Performance Bank KBMI III (MPI) Group and news portal Category of National Banks
propertiindonesia.id • Rank 3 – BPS BPIH Best Hajj
Popular Brand of the Category:
Year 2024 October The Highest Average Annual
Applicants 2024 in the Sharia
Business Unit (UUS) Category
6th The Iconomics Growth Rate in Mortgage Bank of National Banks
Organizer:
Indonesia Best November
Jawa Pos
Financial Awards December
Category: Digital Banking Infobank Top 100 &
Finance Category - Islamic 2024 Awards 2024
Banking Top 200 Leader Future
Organizer:
Organizer:
2024
The Iconomics
Category: Investortrust.id collaborates with
Organizer:
Best Customer Service Reputation Intellectual Business Community
Infobank
in Bank KBMI 3 Category (IBC)
Category:
Category:
Top 100 CEO 2024-Daisuke Ejima
KBMI Group 3 for the Risk
Management Dimension
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Review Governance Report Data
MANAGEMENT
DISCUSSION
& ANALYSIS
PT Bank Danamon Indonesia Tbk 2024 Annual Report
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MACROECONOMIC OVERVIEW &
BANKING INDUSTRY PROSPECT
“Indonesia recorded a 5.03% YoY economic growth in 2024, despite
facing global challenges and geopolitical tensions. The main drivers of
this growth were the acceleration of household consumption and gross
fixed capital formation. The presidential elections also contributed to
increased government spending and household consumption, particularly
in the food, housing, healthcare, and education sectors was bolstered
by social spending and, the stability of food prices. The commodities
and processed goods sectors also made significant contributions.”
MACROECONOMIC Meanwhile, Indonesia’s trade surplus in 2024 declined
Indonesia recorded a 5.03% Year-on-Year (YoY) growth compared to 2023, falling to USD31.04 billion from
rate in 2024, despite facing global economic slowdown USD36.89 billion. However, trade performance still
and geopolitical tensions. This growth was driven by played a key role in maintaining Indonesia’s current
a strong acceleration in household consumption and account stability, with the current account deficit
the formation of fixed capital, alongside a continued projected to remain under control at around 0.1%–0.9%
increase in foreign direct investment into Indonesia. of GDP throughout 2024.
The presidential elections also contributed to increased
government spending and household consumption, Another positive catalyst is Indonesia’s record-high
particularly in the food, housing, healthcare, and foreign exchange reserves, which reached USD155.7
education sectors. Additionally, the stability of food billion in December 2024. This amount is equivalent to
prices and social spending played a significant 6.7 months of imports, or 6.5 months of imports plus
supporting role. The commodities and processed goods government external debt payments, far exceeding
sectors, including food processing and rubber, also international adequacy standards.
made notable contributions to Indonesia’s economic
growth. With a solid domestic economic foundation and
favorable external factors, Indonesia is well-positioned
From a global perspective, according to the World to maintain positive growth momentum throughout
Economic Outlook report from the IMF in January 2024 and beyond.
2025, global economic growth is projected at 3.2%
YoY in 2024, slightly down from 3.3% YoY in 2023. This In 2025, Bank Indonesia projects the economy to grow
slowdown is attributed to high interest rates in the United between 4.7%-5.5% YoY, with inflation remaining well-
States and a suboptimal recovery in China’s economic controlled at 2.5%±1%. Strong macroprudential policies
growth, leading to weaker demand for commodities and and the acceleration of digital payment systems will
industrial goods. Additionally, geopolitical uncertainties support key sectors such as agriculture, manufacturing,
have contributed to a slower pace of disinflation. transportation, tourism, and MSMEs, driving domestic
economic activity and enhancing financial inclusion.
Following the Federal Reserve’s decision to begin Robust coordination between the Government and
cutting interest rates in Q3 2024, Bank Indonesia (BI) Bank Indonesia is expected to be a positive catalyst for
followed suit by lowering its BI-7DRR benchmark rate job creation and strengthening the domestic economy,
from 6.25% to 6.00% in September 2024. This move even as global risks remain a concern.
was aimed at stimulating the domestic economy while
maintaining the stability of the Rupiah exchange rate.
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BANKING INDUSTRY OVERVIEW growth is projected to reach 11-13% YoY. Solid capital
The Banking sector has demonstrated solid adequacy ratios (CAR), well-managed non-performing
performance. According to Bank Indonesia data for loans (NPL), and sustained Corporate profitability will
November 2024, credit growth was recorded at 10.4% enhance the industry’s resilience, while accommodative
Year-to-Date (YTD), while third-party funds (DPK) macroprudential policies and government incentives
grew by 4.5% (YTD), an improvement compared to will further strengthen the financial system, ensuring
2023, where growth rates were 10.4% YoY and 3.7% stable and sustainable economic growth.
YoY, respectively. However, the liquidity ratio against
deposits saw a slight decrease, from 29% in 2023 to DANAMON’S POSITION IN THE INDONESIAN
26% in November 2024. On the capital front, the Capital BANKING INDUSTRY
Adequacy Ratio (CAR) remained strong at 27%, albeit Throughout 2024, Danamon continued to strengthen its
slightly down from 28% in the previous year. strategic differentiation by growing as a Financial Group
together with the MUFG ecosystem. This strategy
The slowdown in credit growth can be attributed to successfully delivered solid results for the year, with
several factors, including the continued increase in Bank Danamon reaching new records in both loans and
Indonesia’s benchmark interest rate, which reached funding.
6.25% in the first half of 2024, with a subsequent 25
basis point reduction in September 2024. In addition, Total consolidated loans grew by 8% YoY to reach
the contraction in the manufacturing sector, influenced Rp189.4 trillion, with solid Growth in almost all segments.
by global factors such as high U.S. interest rates and The Enterprise Banking and Financial Institution (EBFI)
the slow recovery of China’s economy, has dampened include Trade Finance and Marketable Securities
demand for commodities and domestically produced segment, supported by MUFG collaboration grew by
industrial goods. These factors have affected domestic 10% YoY reaching Rp87.1 trillion, while the Consumer
productivity, thereby impacting credit distribution. Banking segment grew by 19% YoY to Rp20.9 trillion.
Nonetheless, the majority of credit types still registered The SME segment also recorded growth of 12%
positive growth. which amounted to Rp25.4 trillion. Furthermore, Adira
Finance’s loan disbursement relatively flat reaching
As of November 2024, working capital loans grew Rp56.0 trillion. The increase in growth was accompanied
by 8.4% YoY, a slowdown from 10.7% YoY in 2023. by prudent risk management for healthy asset quality,
Meanwhile, investment loans and consumer loans grew with NPL improving from 2.2% at the end of previous
by 13.6% YoY and 10.6% YoY, respectively, surpassing year to 1.9% at the end of 2024.
the growth rates of 11.1% YoY and 9.0% YoY recorded in
the previous year. In the MSME segment, credit growth In terms of funding, the Bank’s total funding grew by 9%
stood at 3.4% YoY in November 2024, slower than the YoY reaching Rp154.8 trillion. Whereas granular funding
7.2% YoY growth seen in 2023. grew by 8% YoY.
Other Banking performance ratios remained stable. At the end of 2024, the Bank’s Consolidated Net Profit
The Net Interest Margin (NIM) showed a slight decline After Tax (NPAT) amounted to Rp3.2 trillion, compared
to 4.67% as of November 2024, down from 4.8% in to Rp3.5 trillion in the same period last year. From the
2023. The Return on Assets (ROA) remained flat at capital perspective, the Bank ended the year with a
2.8% in November 2024, slightly higher than 2.7% in strong Capital Adequacy Ratio (CAR) of 26.2%, well
2023. Meanwhile, the Non-Performing Loan (NPL) ratio above the regulatory minimum. These achievements
remained steady at 2.2%, the same as in the previous put Danamon in a good position for future growth, as
year. the Bank continues to strengthen synergies with the
MUFG ecosystem as a Trusted Financial Group for
The Banking industry is expected to have a better outlook value to customers.
in 2025, supported by the declining trend in global and
domestic interest rates, which is anticipated to drive
lower lending rates and foster healthier credit expansion.
With Bank Indonesia’s liquidity assistance facility (KLM)
and stable lending rates in priority sectors, credit
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STRATEGIC
REVIEW
STRATEGIC FOCUS 2024 participated in the Indonesia International Motor
Throughout 2024, Danamon achieved sustainable Show (IIMS) and Bridestory Market, and organised the
growth as a Financial Group with growth in lending Danamon Syariah Travel Fair and DXPO by Danamon.
and funding, healthy asset quality, and sustainable Danamon also broadened business opportunities
profitability. This is supported by a focus on targeted through incubation and inorganic growth, including
ecosystems, such as automotive through various the Garuda Fund venture fund, in collaborations with
collaborations with Adira Finance, cooperation with MUFG to support startups in Indonesia.
associations and Hajj and Umrah travel companies,
partnerships with secondary and higher educational Danamon’s commitment to the development and
institutions, and cooperation with property developers investment of Information Technology (IT) infrastructure,
and Japanese real estate companies. In addition, data analytics capabilities, and operational processes
Danamon also provides supply chain solutions through continues to be a priority. In developing human
cash management and financial supply chain (FSC). resources, Danamon organizes the Danamon Global
Mobility Program, which encourages knowledge
Danamon’s growth was also driven by all business exchange at the global level and creates opportunities
segments: Enterprise Banking and Financial Institutions for young talents through, the Danamon Internship
(EBFI), Small and Medium Enterprises (SMEs), Program for college students and the Danamon Bankers
Consumer Banking, and Adira Finance. The EBFI Trainee for fresh graduates. This aims to prepare
segment strategy focused on credit growth with prudent future leaders who are able to face the challenges and
principles and cash management solutions to increase changes in the dynamic financial industry.
funding and transactions, while the SME segment
drives loan growth through collaboration with all STRATEGY IN 2025
Danamon business segments and more efficient credit To gain from the opportunities while overcoming
processes. Consumer Banking served the privileged, challenges in 2025, Danamon has formulated the
optimal, and mass segments supported by the launch following key strategies:
of new products in savings, wealth management, • Build a superior proposition in targeted ecosystems,
consumer credit, as well as various loyalty and customer such as Automotive, Hajj & Umrah, Education, and
acquisition programs. Real Estate.
• Strengthen strategic cooperation with MUFG, Adira
Building synergies as a Financial Group, Danamon works Finance, and other entities within the group.
closely with MUFG, Adira Finance, and Group entities • To support productivity and improve customer
to meet customer needs through various products service; Danamon is committed to optimizing
and services in different segments across Indonesia. data analysis, improving operational processes,
Danamon also continues to support sustainability and encouraging digital development and branch
through green financing and MUFG Net Zero World transformation.
(MUFG N0W) forum that supports energy transition in • Develop human resources by improving employee
Indonesia. skills and knowledge. This is done through continuous
learning programs and employee exchange
Danamon continued to transformed many of its initiatives within MUFG and its subsidiaries.
branches into Next Generation Branch, integrating
conventional and digital services. In line with that
approach, we also developed digital channels for
individual and business customers. As a part of its
commitment to strengthen customer relationship,
Danamon held the Hadiah Beruntun Program,
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p Members
Grou
A Danamon Company
Home Credit Indonesia
Zurich Asuransi Indonesia
ers
MU
rtn
FG
Pa
&
ar
eg
ic
P
tn t
er
sB S tra
ank
s
2024-2026 STRATEGIC DIRECTION:
GROW AS A FINANCIAL GROUP
Double-digit growth
in Lending & Funding with Sustainable Profitability
Business Engines
Enterprise Banking & SME Consumer Adira Finance &
Financial Institution Banking Banking Group Entities
Strategic Themes
Dominant Data Analytics
Unique MUFG
1 in Tergeted 2 Proposition 3 & Process
Ecosystems Improvement
B Foundation for Financial Group –
New Business Incubation & Inorganic Growth
C Core Business & Foundation Building –
People, IT/Digital, Branding, Branches
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BUSINESS
SEGMENT OPERATIONAL REVIEW
Wholesale Consumer
Customer
Segments
Corporate Commercial SME Affluent Middle Mass
Business
Engines
Consumer
Enterprise Banking & SME Banking Adira Finance
Financial Institution Banking & Entitas Grup
Sharia Treasury & Capital Transaction Wealth Mortgage & Auto
Financial Saving Loans
Banking Market Banking
Bancassurance
Management Credit Card Financing
In 2024, Danamon continued its strategy of prudent loan growth through an ecosytem approach, sustained CASA
growth through an institutional approach and increased fee income through a unique value proposition. In addition,
collaboration with MUFG enabled Danamon to enter the Japanese Corporate and multinational customer markets
through distributor financing, cash management, mortgage, and payroll accounts services.
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ENTERPRISE BANKING
“Amidst increasingly tight Banking competition and current global issues,
Enterprise Banking delivered credit growth of 10% in 2024 compared to
the previous year’s position.”
Enterprise Banking serves the Wholesale and Financial Enterprise Banking is also committed to investing in
Institutions segment with a comprehensive range of human resources by attracting and retaining the best
financial solutions, such as loans, cash management, talent, implementing extensive training programs,
trade finance, and treasury services. By understanding including overseas training, and encouraging
and serving customer needs, Enterprise Banking intends performance-based organizations.
to make Danamon the transactional Bank of choice.
2024 PERFORMANCE
PRODUCTS AND SERVICES Enterprise Banking loan portfolio grew by 10% YoY,
Enterprise Banking offers the following products and thanks to the support of collaboration with MUFG Group.
services:
• Working Capital Loans (Trade Finance & Financial 2025 STRATEGIES AND INITIATIVES
Supply Chain). Enterprise Banking will continue to implement the
• Investment Loans. following strategies:
• Cash Management (Payment, Collection, and • Deepening relationships with existing customers.
Liquidity Management). • Acquiring new customers from our target markets
• Foreign exchange. and from within the overall ecosystem of existing
• Custodian. customers.
• Project financing. • Continuing collaboration with MUFG Group to
• Debt Capital Market. acquire customers from multinational companies
and their value chains, and provide value-added
2024 STRATEGIES AND INITIATIVES products and services, such as Global Business
Indonesia’s economic conditions in 2024 showed Matching.
positive growth, which was accompanied by a decline • Actively offering credit financing with other financial
in Bank Indonesia’s benchmark rate and the Federal institutions through syndication loan, structured
Reserve Funds Rate (FFR) in the second half. However, financing, agency, sell-down, and risk participation.
the persistently unstable geopolitical tension that • Continuously maintaining third-party funds by
affected the global economy continued to have indirect offering comprehensive cash management solutions
impacts on the domestic Banking sector. supported by the use of e-channels and digital
solutions tailored to customer needs.
Despite that, Enterprise Banking continued to grow and • Investing in human resources and enhance the
deliver against all its stated targets with a constant focus skills of our employees through training and project
on services as the business line deepened relationships assignments, both domestically and overseas with
with existing customers while expanding new customer the support of MUFG.
portfolios and optimizing the entire ecosystem chain in • Continuing efforts to attract new talents while
a strategy that involved increasing cooperation with the retaining and developing the existing ones.
MUFG Group.
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TREASURY &
CAPITAL MARKET
“Synergy and collaboration with all lines of business, as well as parent
entity MUFG Bank are key success factors for Treasury & Capital Market
in ensuring the Bank’s liquidity resilience and providing Danamon’s
treasury products and services to fulfill customer needs.”
Treasury & Capital Market (TCM) is the core division Indonesia Foreign Currency Securities), Money Market
within the liquidity risk management that ensures (Interbank & Bank Indonesia instruments), and Repo/
the Bank meets its liquidity requirement; this shall Reverse Repo.
be achieved by laying an intense focus on efficient
and prudent balance sheet management to support Since Danamon was appointed by Bank Indonesia in
business expansion with due adherence to prudent 2021 as one of the Appointed Cross-Currency Dealer
Banking principles. The responsibility to manage the Banks (ACCD Bank) in order to facilitate Local Currency
liquidity risk is inherent in the management of the Bank’s Settlements/Local Currency Transactions (LCS/LCT)
balance sheet interest rate risk. for THB-IDR and CNY-IDR currency exchanges, its
customers’ transaction volume has been increasing.
TCM is also a product partner of Danamon’s line of The transaction volume of LCS THB-IDR in 2023
business that offers basic Foreign Exchange (FX) and increased by 103% compared to the previous year.
Marketable Securities solutions in addition to the more With this service, the Bank’s customers may enjoy more
advanced solutions for customers that require hedging competitive FX rates and more efficient and faster fund
solutions and investment products. remittances to institutions or individuals in the ACCD
Bank’s partner countries.
Apart from being one of the rupiah-denominated
Government Bond Primary Dealers, TCM also actively In 2024, Danamon was also selected as one of Bank
supports regulators in improving, formulating, and Indonesia’s Primary Dealer (PD) that allows Danamon to
deepening more the Indonesian financial market. provide service to non-PDs according to the prevailing
Bank Indonesia’s regulations.
PRODUCTS AND SERVICES
TCM offers a wide range of products and services 2024 STRATEGIES AND INITIATIVES
geared towards providing solutions for customers In 2024, TCM continuously focused on efficient balance
and performs trading activities. The products offered sheet management strategies in Capital Management,
include Foreign Exchange (FX Today, FX Tomorrow, Fair Value through Other Comprehensive Income
FX Spot, FX Forward, FX Swap, and Domestic Non- (FVOCI) portfolio management, Contingency Funding
Deliverable Forward), Interest Rate Swap, Cross Plan, as well as the Enhanced Treasury System and the
Currency Swap, Structured Products (Dual Currency Asset & Liability Management (ALM) System.
Investment, Market Linked Deposit, and Call Spread
Option), Marketable Securities (Government Bond and TCM Trading Team’s activities support Treasury Sales
Corporate Bond under both Conventional and Sharia Team by providing liquidity and competitive prices for
schemes, Bank Indonesia Rupiah Securities, and Bank
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customers. TCM also offers alternative investments 2025 STRATEGIES AND INITIATIVES
for retail customers, such as government bond and In 2025, TCM will continue to implement the following
Corporate bond. This was geared towards increasing strategies:
Danamon’s fee-based income. 1. Continuously improve the efficiency of balance sheet
management strategies with prudential principles.
TCM continuously collaborates with the Bank’s line of 2. Continue collaborating with Danamon’s line of
business to support customers seeking investment business to provide solutions to customers who
products and hedging instrument solutions to manage need investment products and hedging instruments
their exposure. TCM expanded collaboration with to manage their exposure; continue collaborating
the MUFG Group’s business network to tap business with the MUFG Group’s business network to tap more
opportunities with Japanese companies’ and business opportunities with Japanese companies’
multinational corporations’ value chains as well as large and multinational corporations’ value chains as well
Corporate action deals. as to increase more Indonesian Government Bond
deals.
In line with the financial market deepening program of 3. Develop the Bank’s investment services, such as
Bank Indonesia and the related authorities, TCM also Retail Bond Online, which aims to provide one-stop
participated in the Central Counterparty (CCP) program, access for customers’ bond investment activity.
the establishment process of the Self-Regulatory 4. Continue supporting Bank Indonesia initiatives in line
Organization (SRO) of the Indonesian Money Market with the 2025 Money Market Development Blueprint
and Foreign Exchange Market Association (Apuvindo), and the 2030 Bank Indonesia Payment System
and the auction of Term Deposit in Foreign Currency Blueprint, including other initiatives by regulators
from Foreign Exchange from Export Proceeds (TD and other related authorities to support financial
Valas DHE), as well as Bank Indonesia Rupiah Securities market deepening.
(SRBI) and Bank Indonesia Foreign Currency Securities
(SVBI) instruments.
2024 PERFORMANCE
TCM grew its Treasury Sales income by 26% compared
to the previous year due to better performance
contribution from Enterprise Banking and Financial
Institution Sales. FX Treasury Sales volume increased
by 7% compared to the previous year.
TCM has launched Structured Products, such as
Dual Currency Investment (DCI) and Market Linked
Deposit (MLD) to fulfill customers’ investment needs.
Supported by the relaxation of the Regulation of Board
of Governors’ Member (PADG) No. 11/2024 regarding
FX Market Transaction, TCM managed to increase its
MLD sales revenue as much as six times and quadruple
its sales volume in 2023 compared to the previous year.
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TRANSACTION BANKING
(CASH MANAGEMENT, TRADE FINANCE, & FINANCIAL SUPPLY CHAIN)
“Following the government’s strategy in implementing digital economy
in Indonesia, Danamon supports by continuing to develop digital
services that prioritize ease, speed, reliability and system security in
conducting Cash Management, Trade Finance, and Financial Supply
Chain transactions.”
Danamon’s Transaction Banking continues to develop • Financial Supply Chain (FSC)
products that utilize the latest digital technology Danamon’s Financial Supply Chain supports the
innovations to increase customer convenience through smooth transaction cycle between suppliers,
excellent services and reliable security. distributors, and principals by providing not
only working capital and payment facilities but
This line of business offers a range of need-based also comprehensive business reports that give
products to meet the growing needs of its customers added value to the cooperation relationship and
in various segments such as Corporate, Commercial, sustainability in the business ecosystem.
and Small & Medium Enterprises (SMEs). Through Cash
Management, Trade Finance, and Financial Supply
Chain services, Danamon serves customers with the STRATEGY & INITIATIVES IN 2024
right, effective, and competitive Banking transaction • Digital Banking Services
solutions. 1. Continuous improvement of Danamon Cash
Connect with the addition of new features to
Continuous development of the Internet Banking provide a better experience for customers in
platform facilitates customers to perform online Cash making online and real-time business transactions
Management, Trade Finance, and Financial Supply such as BI Fast, BPJS Payments (Manpower and
Chain transactions which able to assist customers to Health), Electricity and Taxes (MPNGen 3) and
increase the efficiency of their business activities. comprehensive Financial Supply Chain system
for both suppliers and distributors, including for
working capital financing needs.
PRODUCTS AND SERVICES
Transaction Banking provides the following products: 2. API Central offers real-time connection services
• Cash Management for Fund Transfer (payment), Virtual Account
Integrated Banking solutions help customers to (billing), and Financial Supply Chain transactions
optimally and yet efficiently manage cash flow, that meet BI SNAP standards and in compliance
liquidity, and daily transactions. Danamon Cash with applicable regulatory provisions.
Management allows customers to develop and
execute business strategies more effectively. • MUFG Collaboration
Through collaboration with MUFG Bank, Transaction
• Trade Finance & Services Banking continues to add new partnerships with
Danamon’s Trade Finance services help customers principals and distributors across industries,
to make trade transactions and get working capital including automotive, FMCG, pharmaceutical,
financing, which cover international trade (import building construction industry, and corporations
and export) and domestic trade. affiliated with MUFG Group.
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2024 PERFORMANCE 3. As one of the Appointed Cross Currency Dealers
Despite facing numerous challenges in 2024, particularly (ACCD), Danamon’s TB supports the Government’s
with the market rate competition and the slowdown in program to increase direct settlement on transactions
the automotive sector, which impacted supply chain between IDR and the currencies of the destination
businesses, Transaction Banking has navigated 2024 countries and remain committed to continuing
successfully, achieving the following key milestones: the Local Currency Settlement (LCS) service with
• Digitalization efforts have resulted in a 15% increase several countries, including Thailand, China, and
in active Internet Banking users across the Corporate, other currencies within the LCS coverage.
Commercial, and SME segments, contributing to a
25% growth in digital transactions in 2024. 4. Danamon’s API Central steadily expands the Digital
• New partnerships have been established with 24 Banking ecosystem by providing customers with
principals from the automotive, FMCG, building seamless, efficient, and value-added financial
materials, and manufacturing industries, leading to solutions. With the introduction of new API features,
the provision of working capital loans to 220 new the Bank expands service offerings to include:
distributors. 1. Direct Debit API – A robust solution for businesses
• Supply chain credit portfolio has increased by to automate recurring payments, ensuring a
41%, with a notable rise in the upstream sector, smooth and reliable transaction process for
particularly supplier financing. subscription-based models, billings, and other
• Trade finance portfolio has grown by 26%, primarily automated payment services.
driven by the Corporate and commercial segments. 2. Bill Payment API – A seamless integration tool
that enables users to easily pay utility bills, loan
repayments, and other regular payments directly
STRATEGY AND INITIATIVES FOR 2025 from their platforms, improving convenience and
Transaction Banking will continue to develop product efficiency for customers.
and service solutions and collaborate with MUFG Group 3. Financial Supply Chain API – A strategic
in the areas of Cash Management, Trade Finance, and development aimed at optimizing the entire
Financial Supply Chain. financial supply chain process, from procurement
1. Committed to the ongoing refinement of an integrated to invoicing, payments, and cash flow
financial supply chain solution, with a focus of management, offering businesses the tools to
delivering comprehensive, seamless transaction automate and integrate their financial workflows
services that are aligned with the critical needs of for greater efficiency and transparency.
customers. The Bank’s goal is to provide solutions
that not only streamline financial operations but also 5. Develop cooperation with financial technology
adapt to the dynamic and evolving requirements of companies through various cooperation forums and
businesses across industries. Through continuous investment participation.
innovation and customer-centric approach,
Danamon enhances the functionalities of its platform 6. Expand collaboration with the Bank’s group
to ensure that it supports various aspects of the companies in the domestic, regional, and global
financial supply chain, from invoicing to payments network to provide Danamon’s clients with value-
and cash flow management. added and comprehensive financial services.
2. The Bank continues on the development of
Danamon Cash Connect (DCC) in focusing on
providing domestic payments and remittances
faster, easier, and more efficient. With streamlined
payment processes and enhanced capabilities, DCC
users can experience quicker transaction process,
greater reliability, and better customer experience
that simplifies their daily Banking tasks.
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SMALL MEDIUM
ENTERPRISE BANKING
“Danamon’s SME Banking focuses on small and medium business
with a need for loans of up to Rp30 billion and annual sales turnover of
up to Rp100 billion.”
Danamon’s Small Medium Enterprise (SME) Banking 2024 STRATEGIES AND INITIATIVES
offers a range of comprehensive financial solutions that In 2024, Danamon’s SME Banking focused on expanding
cover productive business loans, funding, transactions, customer relationships by optimizing the entire value
foreign exchange, and protection (bancassurance). chain ecosystem, including increasing collaboration
with the MUFG Group.
PRODUCTS AND SERVICES
1. Productive business loans Apart from utilizing external collaboration, Danamon’s
Working Capital (Overdraft Facilities and Demand SME Banking also has internal strategies that focus
Loans), Investment Financing (KAB – Term Instalment on loan growth. A real example of this approach was
Loans), Financial Supply Chain financing, Trade the utilization of the Enterprise Banking ecosystem.
Finance, Rural Bank (BPR) Loans, and Employee Danamon’s SME Banking offers financing to customers
Cooperative Loans. through this ecosystem, creating synergies between
2. Funding internal services that can expand access to financing
Deposit and transactional accounts for convenient and push the growth of relevant business sectors.
operational transactions such as Current Accounts,
Savings Accounts, and Term Deposits. With a holistic approach to the ecosystem, not only
3. Transactions does Danamon’s SME Banking build sustainability in its
Offering convenient transactions anywhere, own business, but it also plays an active stakeholder
anytime, through Danamon’s network of branches role that supports economic growth. Through this
across Indonesia and through digital channels strategy, Danamon’s SME Banking has presented itself
such as Internet Banking, Mobile Banking, Cash as a pioneer in creating added value through a diverse
Management, and Trade Finance. ecosystem, which reflects the Company’s vision to
4. Foreign Exchange become a leading partner for SME business players in
Offers convenience in foreign exchange to meet Indonesia.
customer needs in making payments in foreign
currency.
5. Bancassurance
Offering a range of products to protect business
owners and their assets.
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PERFORMANCE IN 2024 SME Banking Collaboration with Adira offers loan
• The loan portfolio grew by 12% in 2024, marking facilities to dealers that have built long partnerships
the highest growth since 2017. This achievement with Adira Finance. Dealers of both new and used
was driven by strong inter-division collaboration, motor vehicles falling under this segment are eligible
support from the MUFG Group, and disciplined for this loan facility. This action not only strengthens
credit process improvements. the business partner network but also poses a wider
• The deposit portfolio (CASA and TD) grew by 9% in growth opportunity in the automotive ecosystem.
2024.
• SME Banking increased its Operating Income, Furthermore, SME Banking will optimize the
primarily driven by Non-Interest Income transactions MUFG ecosystem in Indonesia through strategic
from Credit Related, Treasury (FX and Bonds), Trade collaborations with Multinational and Japanese
Finance, and Cash Management Fees. customers, as well as digital partners in which MUFG
has made investments.
STRATEGIES AND INITIATIVES FOR 2025
Small and Medium Enterprises (SME) Banking c. Process Efficiency
strategies, as follows: Based on simplified processes and policies, SME
Banking will digitize its upstream-to-downstream
a. Inter-Division Collaboration process.
The 2025 business strategy will be supported by a
culture of collaboration amongst various divisions at SME Banking will be developing technologies that
Danamon. To optimize business opportunities while can increase the efficiency of loan disbursement to
creating more interactions and maintaining harmony customers, from pre-screening to loan disbursement.
between divisions.
The implementation of technology such as Optical
The ultimate objective is to identify potential Character Recognition (OCR) used to analyze current
products or programs to offer to the customers that accounts and to make continuous development of
can eventually expand the market share of SME the Loan Originating System (LOS) is expected to
Banking and make it a one-stop Banking solution for contribute to improving the effectiveness of the
the customers. credit process for the SME segment.
b. Ecosystem Development d. Expanding Regional Potential
To acquire principal chains that have become existing Identifying regional characteristics and making a
debtors in Enterprise Banking while strengthening larger acquisition of customer chains within the same
collaboration with the MUFG ecosystem and Adira regions as an effort to expand the regions’ customer
as a group of companies, which is to be achieved by network and bring to the customers a range of
developing need-based financing products in each innovative and comprehensive financial solutions to
of the ecosystems. meet their evolving needs and preferences within
each of the regions.
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CONSUMER
BANKING
“Consumer Banking remains committed to its vision of becoming a
leading financial institution by ensuring seamless accessibility across
all channels and providing solutions that address the evolving needs of
customers.”
Overall, Indonesia’s economic situation in 2024 looked PRODUCTS AND SERVICES
set for steady growth and showed resilience resulting • Privilege
from, but not limited to, navigating inflationary pressures, Provides specialized Banking services that cater
fostering investment, expanding infrastructure, and high-net-worth individuals, offering exclusive
household consumption. Despite ongoing geopolitical features such as dedicated relationship managers,
tension, inflationary pressure, and supply chain tailored financial products, priority access to
adjustments, the domestic economy showed robust services, and expedited transaction processes.
adaptability and strength. • Optimal
Serves the emerging affluent segment by offering
In 2024, the Banking sector continued to face personalized financial advice and flexible Banking
intense competition, shaped by a dynamic monetary solutions designed to support customers in achieving
environment. Elevated interest rates in the early their financial aspirations at every life stage.
year influenced market conditions, followed by a • Savings
shift toward a more accommodative stance with rate Offers a comprehensive range of deposit products
reductions. Additionally, the increasing sophistication to cater diverse market segments, from affluent
of digital offerings, customer-centric innovations, and customers to mass market. These include savings
strategic advancements by peer and Digital Banks accounts, current accounts, and time deposits.
further heightened the complexity of the competitive • Loans
landscape. These factors pushed financial institutions Provides a variety of loan products to meet the
to adapt rapidly to remain competitive in a shifting diverse needs of customers, including secured
economic and technological environment. options such as mortgages and car loans, and
unsecured solutions like credit cards and cash loans.
To address these challenges, Consumer Banking has • Investments and Bancassurance
executed comprehensive strategies across multiple Offers a broad spectrum of investment and
touchpoints. These include branch and Mobile Banking insurance products in collaboration with leading
transformations, enhanced brand visibility, and deliver third-party financial institutions in Indonesia. For
targeted communication. Delivering an exceptional high-net-worth clients, personalized and exclusive
customer experience remains central to all business services are available.
initiatives, encompassing customer acquisition, • Foreign Exchange & Structured Products
engagement, and development innovative products. Facilitates foreign exchange transactions with
competitive pricing and seamless service
experience.
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2024 STRATEGIES AND INITIATIVES 2025 STRATEGIES AND INITIATIVES
In 2024, Consumer Banking achieved significant With renewed optimism in Indonesia’s economic
progress across all key metrics through customer outlook for 2025, Consumer Banking remains confident
expansion, continuous engagement initiatives, and in achieving its objectives through well-defined and
product innovation. These initiatives are reinforced by meticulously executed strategies, including:
leveraging ecosystem strategies, focusing on the end- • Leveraging targeted ecosystem-based approaches
to-end customer journey, and improving all customer and partnerships with both conventional companies
channels. and startups to drive customer expansion and
customer engagement, including automotive,
Key highlights cover the launch of the “Danamon Hadiah education, sharia, and Supply Chain.
Beruntun” program and Danamon LEBIH PRO debit card, • Improving customer experience through
contributing to deposit growth and boosting Danamon enhancement of multiple customer touchpoints,
brand as a funding business. In Wealth Management, e.g., branches, D-Bank PRO, and Hello Danamon.
digital channels were effectively utilized to engage • Fostering foreign currency proposition by promoting
a wide range of customers by offering seamless and innovative products and attractive programs to drive
streamlined transactions, while branches continued to deposits and high-value transactions.
play a critical role in offering wealth solutions to the • Increasing Privilege Centers establishment to
affluent segment. expand the affluent customer base and accelerating
Wealth Management business.
The mortgage business demonstrated robust • Strengthening the mortgage business through
growth, driven by enhanced productivity measures targeted acquisition, customer retention, and cross-
and synergies with MUFG, as well as strengthened selling initiatives.
partnerships with developers and brokers. In the • Advancing the digitalization of the card business
credit card business, collaboration with strategic for a better customer journey and leveraging
business partners continues to offer attractive rewards ecosystem synergies to boost utilization and market
and benefits. Car loan performance accelerated by penetration.
a combination of a streamlined process, targeted • Continue to maintain stable, good asset quality by
communication, and strategic events. implementing risk-based collection strategies and
upgrading collection system capabilities.
To celebrate its 68th anniversary, Consumer Banking held
DXPO by Danamon by offering a special campaign on a
nationwide scale by events in strategic sites in Jakarta
and Makassar. Consumer Banking also participated in
2024 Indonesia International Motor Show partnership
with Adira Finance and MUFG to boost Danamon’s
presence within the automotive ecosystem.
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SHARIA BANKING
“Danamon’s Sharia Business Unit continues to support the development
of digital Banking services in meeting community needs by providing
through the Digital Platform as comprehensive solutions with Sharia
Savings, Sharia Planning Savings (Hajj, Qurban, Education, etc.), and
digital ZISWAF.”
SHARIA BANKING INDUSTRY PRODUCTS AND SERVICES
Based on OJK data, the current condition of Sharia Developing unique, creative, and digital-based products
Banking reflects conditions that are maintained to be is an important factor for the success of Danamon Sharia
stable and show positive growth. Sharia Banking assets Banking in all segments by offering competitive and
reached Rp895.9 trillion as of September 2024, third- customer-oriented products and services as follows:
party funds grew by 12% YoY to Rp714.3 trillion. As • Deposits
of December 2024 Sharia Danamon assets grew by A diverse range of deposit products designed
14% yoy to Rp14.2 trillion. to cater the needs of customers across various
segments, accessible both digitally and through
In the future, sharia economics and finance must branch services. The digital Sharia savings
continue to increase their contribution to the national account (Danamon Save iB) and the digital Sharia
economy, adapt more quickly, and be able to respond savings plan (Tabungan Perencanaan Syariah
to opportunities amidst increasingly complex global iB) enable customers to open accounts without
economic dynamics. Indonesia, as the country with visiting a Danamon branch. Additionally, the multi-
the largest Muslim population in the world, has great currency savings account (DL Pro iB) has been
potential for developing a halal ecosystem so that it can developed, offering the convenience of managing
encourage even greater growth in the sharia market nine currencies within a single account, catering to
share. customers who frequently engage in multi-currency
transactions. The Hajj Savings Account (RTJH) is
DANAMON SHARIA BANKING directly integrated with the government’s Integrated
Danamon’s Sharia Business Unit is a Sharia Banking Hajj Management Computerization System
based on sharia principles with the vision of “Helping (SISKOHAT). These products complement other
Millions of People to Achieve Prosperity with Justice Sharia savings offerings, including the Hajj planning
Values Based on Sharia Principles.” savings account (Tabungan Rencana Haji iB), Umrah
planning savings account (Tabungan BISA Umrah
Danamon Sharia serves all segments, starting from iB), Qurban planning savings account (Tabungan
consumers, SMEs, corporations, financial institutions, BISA Qurban iB), Danamon Lebih iB, FlexiMax iB,
and communities, to meet customer needs by Giro BISA iB, and Deposito iB.
continuing to develop and strengthen Sharia Banking • Financing
through business expansion, product development, A comprehensive range of financing products
and strengthening relationships with the concept designed to meet the funding needs of individuals and
of leveraging both in terms of infrastructure and businesses alike, including Sharia Home Ownership
distribution networks. This growth is supported by the Financing, Sharia Leasing Financing, Special Hajj
strong business network of the MUFG Group, which is Financing, Hajj & Umrah Travel Financing, Sharia
the Bank’s strength in developing Sharia business. Trade Financing, Employee Cooperative Financing,
Sharia Working Capital Financing, Investment
Financing, Heavy Equipment Financing, as well as
Green and Sustainable Financing.
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• Investment and Bancassurance Danamon Sharia continues to increase the productivity
A selection of Sharia-compliant Investment and of its human resources by increasing their knowledge
Bancassurance products is available in collaboration and capabilities, especially in terms of product
with leading financial institutions in Indonesia. These promotion and Sharia Banking.
include equity-based investment products, term life
insurance under Sharia principles, and unit-linked Danamon Sharia continues to improve risk management
life insurance. and good Corporate governance. The infrastructure
• Service and technology have been upgraded and refined to be
Banking transaction services through digital and more integrated. This initiative has increased the level
branches include Cash Management (Danamon Cash of service to customers by reducing and integrating
Connect), Digital Onboarding for both individuals several processes in the parent Bank’s system.
and communities, ZISWAF Recipients (zakat, infak,
sedekah, and wakaf) through Social Banking and AWARD
D-Bank PRO, as well as services to the Education In 2024, Danamon Syariah received several awards,
community/Islamic institutions, employees and Hajj namely:
and Umrah travel. - 2nd Rank Overall Sharia Business Unit – 13th Infobank
Digital Brand Recognition Awards 2024.
2024 PERFORMANCE - 2nd Rank Sharia Business Units, Conventional
Sharia’s assets grew by 14% in December 2024 Commercial Banks - 13th Infobank Digital Brand
compared to the same period the previous year (year- Recognition Awards 2024.
on-year) with a profit of Rp136 billion. This shows that - 2nd Rank in The Best Overall UUS in Excellent Service
the growth rate is faster than the growth rate of the – 21st Infobank Banking Service Excellence Awards.
Banking market in general, and sales of sharia products - 1st Rank in The Best ATM Branch - 21st Infobank
can be further increased to achieve higher growth. Banking Service Excellence Awards.
- Jawa Pos 7 Most Popular Brand of the Year 2024 in
• Sharia Financing the Finance – Sharia Banking category.
Danamon Sharia Banking focuses on developing - 1st Rank in BPKH Banking Award – BPS BPIH
Sharia Leasing and Sharia Mortgage Financing while Contribution category on Growth of Hajj Registration
still applying the principle of prudence in lending. 2024.
In December 2024, Sharia financing grew year-on- - 3rd Rank in BPKH Banking Award 2024 – BPS BPIH
year to Rp11.7 trillion. category for Registration of Best Young Hajj 2024.
- 3rd Rank in BPKH Banking Award 2024 – BPS BPIH
• Sharia Funding category for Best Hajj Registration 2024.
In December 2024, sharia funding reached
Rp9 trillion. This increase was caused by a leveraging 2025 STRATEGIES AND INITIATIVES
strategy and supported by the Sharia First program, Danamon’s Sharia Business Unit has developed a
which is spread throughout Indonesia. number of strategic initiatives to expand services in
2025 by strengthening collaboration with the parent
BUSINESS/PRODUCT FOCUS Bank and MUFG Group, including ADMF, focus on
Danamon Sharia provides financial solutions for granular fund growth by developing services tailored to
customers through a series of complete, unique, and specific communities, including the education sector,
creative sharia-based products and services. Hajj and Umrah pilgrims, as well as Islamic institutions,
through an end-to-end approach.
On the funding side, the Sharia Business Unit will
continue to develop comprehensive digital-based In line with the Bank’s strategy in 2025, the Danamon
products by strengthening the funding structure through Sharia Business Unit will improve its products and
developing the Muslim ecosystem and also developing services through Digital Banking platforms and be
business, especially Hajj and Umrah services. In the oriented towards customer needs by continuing to
financing sector, Danamon Sharia Banking continues develop unique and creative products so that they can
to develop unique financing products, namely Sharia be competitive in the era of digitalization. Danamon’s
Leasing, Employee Cooperative Financing, Sharia Sharia Business Unit continues to maintain the principle
Mortgage, and Danamon BISA Haji, which provide more of prudence in providing financing as one of the steps
benefits for customers by optimizing cooperation and in growing quality sharia assets.
collaboration with the MUFG Group.
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GROUP MARKETING
“Through 7 important elements, namely brand identity, brand
associations, brand image, perception of quality, brand awareness,
brand experience and brand loyalty, the Marketing Group aims to
continue building brand values.”
Group Marketing aims to develop strong Danamon brand • Marketing Research: Developing a marketing
equity, through 7 important elements, namely brand organization that is driven by a deep understanding
identity, brand association, brand image, perception of people’s behavior and strong marketing budget
of quality, brand awareness, brand experience and management.
brand loyalty by communicating customer-centered, • Marketing Planning & Governance: Responsible in
technology-backed brand positioning for solutions with managing marketing budget Bankwide, monitoring
human touch through products, services, channels and and tracking to review its usage and effectiveness.
brand stories. Governance Management for Group Marketing.
The Marketing Group consists of:
• Brand Strategy: Building Danamon’s Corporate MARKETING ACTIVITIES 2024
identity in a modern image by rejuvenating and Tumbuh Bersama Danamon Group (Grow with
humanizing the story about Danamon. Danamon Group)
• Marketing Communications: Creating customer Danamon, supported by MUFG’s global and local
attention and demand through stories about relevant network as its parent Company, along with its groups
products, services and channels. such as Adira Finance, Zurich Insurance Indonesia,
• Corporate Communications: Maintaining the Home Credit Indonesia, and strategic partners, is
Bank’s reputation and managing public opinion, committed to making the continuous transformation
through media and public relations, communication into One Financial Group ready to be a trusted financial
crisis handling, and internal communications. partner. With a focus on customer satisfaction and
• Digital Marketing: referred also to as online sustainable innovation, Danamon and its group provide
marketing, is brand promotion to build relationships holistic financial solutions tailored to meet the needs of
with potential new customers through digital shareholders, customers, employees, and regulators so
channels. The role of Digital Marketing in this that we can grow and achieve financial goals together.
case includes managing digital channels such as
the Danamon Corporate Website (DCW), email, Indonesia International Motor Show 2024
Danamon social media accounts, Search Engine Danamon, in collaboration with Adira Finance and
Optimization and Search Engine Marketing, digital supported by MUFG, is committed to supporting the
marketing analytics, and mobile advertising and automotive industry through e.g. its presence at one
displays to ensure our online presence and increase of the largest automotive exhibitions in Indonesia, with
brand awareness, marketing initiatives and sales. synergies that strengthen all parts of the automotive
• Brand Activations: Building brand relevance and financial supply chain in Indonesia, from upstream
scale that gives the perception that Danamon is to downstream. With a holistic financial solutions
“everywhere”, and creating a strong brand presence approach, Danamon Group is ready to grow with
in people’s lives by bringing brand experiences that customers and support them at every stage to achieve
are relevant to their aspirations, needs and lifestyle. their financial goals.
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DXPO by Danamon 2024 Danamon Syariah Travel Fair
DXPO by Danamon showcases Danamon’s extensive PT Bank Danamon Indonesia Tbk (Danamon), through
network and its group of companies, offering customer- its Sharia Business Unit (UUS Danamon), organized
driven holistic financial solutions. This program serves the Danamon Syariah Travel Fair (DSTF) 2024, which
as evidence of Danamon and its group of companies’ took place from March 21 to 24, 2024, at Gandaria City
commitment to always being there with the customers Mall, Jakarta. During DSTF 2024, Danamon Syariah
and growing with them at every stage of their lives. showcased various inspiring and informative activities
such as sharia-compliant financial products and
Danamon Investment Matching Fair featured 14 Hajj & Umrah travel agents and 19 F&B and
MUFG, Danamon, MUFG Innovation Partners (MUIP), lifestyle partners.
and Adira Finance hosted the Danamon Investment
Matching Fair 2024 on October 22, 2024, as part of Danamon Golf Event
their commitment to supporting the growth of startups The Danamon Golf Event 2024 was successfully held on
in Indonesia. The event, held at the Glass House, The Saturday, July 27, 2024, at Damai Indah Golf, PIK Course
Ritz-Carlton Pacific Place, brought together over 30 Jakarta. The event was attended by 144 participants,
startups and venture capitalists. In addition to a sharing consisting of Enterprise Banking and Financial
session on the MUIP Garuda Fund, the event featured Institutions customers along with representatives from
business matching and networking sessions for all Danamon and Group Members. This valuable moment
participants. helped us connect on a more personal level and
maintain our long-established collaboration.
Cosmetic Business Matching Fair
Through a partnership with the Tokyo SME Support Bridestory Market
Center and supported by MUFG and MU Research and Danamon participated in the Bridestory Market as part of
Consultant Indonesia (MURCI), Danamon once again its commitment to supporting customers through every
hosted the Business Matching Fair 2024 on Thursday, stage of their life journey. Recognizing marriage as one
November 7, 2024. This event is a yearly agenda of life’s most significant milestones, Danamon sought
designed to connect customers with specialized to provide tailored financial solutions to help individuals
solution providers that can address the former specific and couples plan and manage their financial goals with
needs and challenges. This year, the focus was on confidence. By engaging with prospective clients in this
Cosmetic Industry and the event featured on three main unique setting, Danamon reinforced its role as a trusted
agendas: seminars, Business Matching Meetings, and partner in enabling financial growth and security, from
a Networking Lunch. In the seminar, solution providers life’s beginnings to its many important milestones. This
present engaging presentations, explaining products initiative reflects Danamon’s broader vision of enriching
and services specifically designed to meet the diverse lives through personalized and accessible financial
needs of Danamon customers. service.
MUFG N0W
MUFG Bank, Ltd. (MUFG), in collaboration with PT Bank
Danamon Indonesia Tbk (Danamon), held the inaugural
MUFG Net Zero World (MUFG N0W) 2024 event in
Jakarta, at the Raffles Hotel. MUFG N0W is Danamon’s
flagship event in terms of thought leadership and
engagement in the Asia Pacific, aimed at involving
stakeholders from policy makers, business leaders, to
industry experts in supporting the sustainability agenda
in Asia.
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Journalist Class
This event was organized by the Marketing Group as
part of the annual Financial Literacy program and must
be reported to the OJK’s Sipeduli application. The
purpose of this activity is to provide junior journalists
from the business/economics/Banking desk with
knowledge regarding the mechanisms of products/
services offered by Banks in general. Throughout
2024, two Journalist Class activities were held with two
themes “Investasment 101: Membangun Masa Depan
Finansial Dana” dan “Wujudkan Kemerdekaan Finansial
dengan Menabung.”
STRATEGY AND ACTION PLAN 2025
• Building awareness of Danamon’s Brand through
branding, products, services and channels.
• Building awareness of Danamon’s Brand by being
present and relevant in customers live.
• Building awareness of the Danamon Brand as
a trusted modern Bank with global and local
capabilities.
• Refreshing the Bank’s Image through brands and
products, as well as through internal Danamon
employees (Danamoners).
• Strengthening solution-based communications
for products, services and channels as a value
proposition based on a combination of superior
products, services and channels as well as strong,
meaningful and relevant communications that build
strong emotional connections; Positioning our
product features, services and selected channels
to help customers identify their financial needs, find
solutions and have better control over their finances.
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PT ADIRA DINAMIKA
MULTI FINANCE TBK
“Adira Finance continues to strengthen collaboration within the group
(Danamon and MUFG) to support the growth of the automotive
ecosystem.”
PROFILE 2024 STRATEGIES AND WORK PROGRAMS
PT Adira Dinamika Multi Finance, Tbk. (Adira Finance) Adira Finance implements several strategies and
was established in 1990 and commenced operations programs to respond to challenges in 2024, including:
in 1991. In 2004, Adira Finance conducted an Initial
Public Offering, and PT Bank Danamon Indonesia Tbk 1. Strategies in Business Development
(Danamon) became the majority shareholder with 75% • Adira Finance continues to strengthen its
ownership. Following subsequent Corporate actions, penetration in the automotive business through
Danamon currently owns 92.07% of Adira Finance. As product diversification, offering various attractive
a subsidiary of Danamon, Adira Finance is part of the sales programs for customers, strengthening
MUFG Group, one of the largest Banks in the world. good relations with dealers, and enhancing
collaboration within the MUFG group to support
Adira Finance has become a leading Company in the growth of the automotive ecosystem.
the financing sector that serves a variety of brands • Adira Finance expands networks to non-
and products. Adira Finance has also presented automotive businesses by continuing to diversify
mobile/digital platforms Adiraku, Danadira, momobil. the products offered to support business growth,
id, momotor.id, moservice.id, and dicicilaja.com. As such as Solusi Dana financing, heavy equipment,
of December 31, 2024, Adira Finance operates 508 and others.
business networks throughout Indonesia, supported • Adira Finance focuses on increasing customer
by around 17 thousand employees to serve 2.0 million retention by offering loyalty and referral
consumers with total managed receivables reaching programs, as well as conducting cross-selling
Rp56.0 trillion. based on needs to existing consumers. Thus,
providing a better customer experience to
support the growth of the Company’s financing.
• Adira Finance accelerates digitalization within the
Company and its ecosystem to improve business
efficiency and effectiveness, as well as invests in
digital businesses (Adiraku, Danadira, momobil.
id, momotor.id, moservice.id, and dicicilaja.com).
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• Adira Finance will continue to manage its asset can positively impact investor confidence in Adira
quality in order to keep the NPL ratio under Finance. Furthermore, this rating is expected to
control by applying prudent risk-management strengthen the Company’s ability to access more
principles. competitive funding sources, both domestically and
• Adira Finance secures sufficient liquidity to fund internationally.
business requirements and to meet all financial
obligations. 3. Initiatives to increase productivity and operational
excellence
2. Strategies in managing optimal funding a. Strengthening the Organization. Adira Finance
Throughout 2024, Adira Finance had sufficient strengthens the organization especially
liquidity to pay its financial obligations and fund its in information technology organization,
business needs using income from its customers’ organization of digital business, credit and
installment payments and available funding sources risk, and several other functions to support the
facilities. implementation of its business strategies.
Adira Finance diversified its funding sources b. Productivity Improvement. Initiatives to
through continuous support from joint financing increase productivity are carried out through
with its parent Company, Danamon, and external various programs, including the adjustment
borrowings, including Bank loans and bonds. As of of productivity calculation and allocation of
December 2024, joint financing represented 48% of manpower with consideration of business
managed receivables. achievements, business potentials and specific
regional characteristics. Additionally, regular
Adira Finance’s total external borrowings in refreshment training programs were conducted
December 2024 has increased by 11.3% year-on- for upskilling and optimizing technical expertise.
year to Rp17.8 trillion consisting of onshore and
offshore Bank loans and bonds & sukuk, each c. Human Resources development through an
contributing 60% and 40%, respectively. As a result, improved learning ecosystem. The learning
the Company’s gearing ratio recorded 1.7 times in methods have become more varied according to
2024. the needs and contexts of the learning objective:
online, offline or hybrid.
As part of the Company’s effort to diversify its sources
of funding, Adira Finance issues bonds on an annual d. Cultivating relationships between employees.
basis. Adira Finance issued the Continuous Bonds Various team-building activities were conducted
VI Phase III and Continuous Sukuk Mudharabah V to create a productive, innovative, and enjoyable
Phase III in April 2024, amounting to Rp2.0 trillion, work environment, such as Adira Got Talent,
followed by the Continuous Bonds VI Phase IV various sports activities, the Livewell Healthy
in October 2024 for Rp2.0 trillion. Both were Living campaign, the Festival Pasar Rakyat (FPR),
oversubscribed 2.3x, which demonstrates Adira the Best Employee Competition, and other major
Finance’s high credibility in the investor community. events.
Throughout 2024, Adira Finance has succeeded e. Culture Development which Supports
in maintaining its domestic rating of idAAA/Stable Business Initiatives, Innovation, and Employee
from the local rating agency (Pefindo). In addition, Productivity. Various culture development
the Company also maintained its international activities undertaken in 2023 were aimed to
ratings of BBB from Fitch Ratings and Baa1/Stable empowering of Adira Top values (Advance,
from Moody’s. The preservation of these ratings Reliable, dan Obsessed).
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f. Improvement of Digital Capability. Through various programs such as IT transformation, the School of Digital
program with certifications regarding IT & digital skills.
g. Improving the role of Change Management. The role of Change Management is carried out by improving the
supervision of the implementation of transformation projects and the implementation of policies regarding
mindset change, work pattern and employee behaviour.
2024 PERFORMANCE
Details of the 2024 business performance are outlined in the following table:
2024 2024
Details YoY 2023
Achievement Projection
Total Assets (Rp trillion) 5.0% 31.0 32.6 33.2
Net Profit (Rp trillion) 27.6% 1.9 1.4 1.6
New Financing (Rp trillion) (11.9%) 41.6 36.6 41.6
Maintain around
Non- Performing Financing (%) 0.3% 1.9% 2.2%
2.2%
Market Share-Motorcycles (%) (1.2%) 9.7% 8.5% 8.5%
Market Share-Cars (%) (1.0%) 5.0% 4.0% 3.9%
2025 STRATEGIES AND PLANS
Adira Finance’s several strategies to be executed in 2025 are as follows:
• Adira Finance continues to strengthen its penetration in the automotive business through product diversification,
offering various attractive sales programs for customers, strengthening good relations with dealers, and enhancing
collaboration within the MUFG group to support the growth of the automotive ecosystem.
• Adira Finance expands networks to non-automotive businesses by continuing to diversify the products offered to
support business growth such as Solusi Dana financing, heavy equipment, and others.
• Adira Finance focuses on increasing customer retention by offering loyalty and referral programs, as well as
conducting cross-selling based on needs to existing consumers. Thus, providing a better customer experience to
support the growth of the Company’s financing.
• Adira Finance accelerates digitalization within the Company and its ecosystem to improve business efficiency and
effectiveness, as well as investing in digital businesses (Adiraku, Danadira, momobil.id, momotor.id, moservice.id,
and dicicilaja.com).
• Adira Finance continues to manage its asset quality in order to keep the NPL ratio under control by applying
prudent risk-management principles.
• Adira Finance secures sufficient liquidity to fund business requirements and to meet all financial obligations.
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FINANCIAL
REVIEW
In 2024, Danamon recorded total consolidated gross loan (including consumer financing and finance lease
receivables) of Rp185.8 trillion, increased by 7.4% compared to 2023. Danamon gross NPL ratio (consolidated) was
well managed at 1.9% at the end of 2024, improved 30bps compared to 2.2% at the end of 2023.
NPL Coverage ratio stood at 287.2%, increased compared to 265.9% at the end of previous year.
The following financial reviews are based on Danamon and its subsidiary consolidated financial statements position
as of 31 December 2024, and consolidated financial performance and consolidated cash flows for the corresponding
fiscal year, in accordance with Indonesian Financial Accounting Standards.
The Public Accounting Firm Liana Ramon Xenia & Rekan (member of Deloitte Southeast Asia Limited) as a KAP
registered within the Ministry of Finance and Financial Services Authority (FSA) (as regulated in the Regulation of the
Minister of Finance Number 186/PMK.01/2021 and the Regulation of the Financial Services Authority Number 9 of
2023) and also registered within the Indonesian Institute of Public Accountants (IAPI)with an unmodified opinion.
(in Rp billion)
2024 2023
Description
Retail1 Wholesale2 Total Retail1 Wholesale2 Total
Assets 76,455 149,897 226,353 72,154 134,782 206,936
Liabilities 76,687 100,632 177,319 71,638 84,897 156,535
Net Interest Income 10,869 4,736 15,605 10,622 4,594 15,216
Non-Interest Income 3,435 1,191 4,627 3,206 1,054 4,260
Operating Income 14,304 5,927 20,231 13,828 5,648 19,476
Operating Expenses (8,781) (2,719) (11,500) (8,365) (2,662) (11,027)
Cost of Credit (4,022) (469) (4,491) (2,767) (900) (3,667)
Non-Operating Income and Expenses (85) 28 (57) (68) (19) (87)
Restructuring cost - -
Profit before Income Tax 4,184 4,694
Income Tax (893) (1,036)
Net Income from Continuing Operations 3,291 3,658
Net Income 3,291 3,658
Net Profit After Income Tax Attributable to
3,179 3,504
Parent Entity
1 Consists of product and services (includes loans, deposits and other transactions) for individual customer and balances with retail customer.
2 Consists of products and services (includes loans, deposit, and other transaction) for the small-medium enterprise, commercial, Corporate, financial institution customers,
and treasury activities.
CONSOLIDATED FINANCIAL STATEMENTS POSITION
Danamon posted total assets of Rp242.32 trillion in 2024, increased by 9.5% compared to Rp221.30 trillion in the
previous year. The assets growth was largely due to an increase in loans - net and Government Bonds by 9.1% and
14.6% to Rp148.75 trillion and Rp18.70 trillion, respectively.
In line with the increment in assets, the Bank’s total liabilities was also increased from Rp171.35 trillion in 2023 to
Rp190.49 trillion in 2024. The increasing liabilities was mainly due to an increase in Third Party Funds (TPF) by 9.4%
to Rp154.8 trillion in 2024. Previously, Danamon’s TPF was recorded at Rp141.44 trillion.
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ASSETS
(in Rp billion)
Description 2024 2023 Growth YoY
Cash 2,468 2,362 4.5%
Current Accounts with Bank Indonesia 6,382 5,035 26.8%
Current Accounts with Other Banks-net 1,670 2,134 -21.7%
Placements with Bank Indonesia and other Banks - net 4,417 9,032 -51.1%
Marketable securities - net 14,479 5,645 156%
Loans - net 148,747 136,314 9.1%
Consumer Financing Receivables & Finance Lease Receivables -
27,937 27,645 1.1%
net
Government Bonds 18,699 16,318 14.6%
Fixed assets and Right-of-Use Assets-net 2,483 2,161 14.9%
Others 15,036 14,659 3%
Total assets 242,334 221,305 9.5%
CASH
Danamon posted cash of Rp2.47 trillion as of 31 December 2024, 4.5% higher than the previous year’s position of
Rp2.36 trillion. Cash contributed 1.0% of Danamon’s total assets.
CURRENT ACCOUNTS WITH BANK INDONESIA
Current Accounts with Bank Indonesia increased by 26.8% to Rp6.38 trillion from Rp5.04 trillion in the previous year
following lower reserve requirements. The ratio of Danamon’s reserve requirement in Rupiah is 6.95% while reserve
requirement in foreign currencies is 2.10% in 2024.
CURRENT ACCOUNTS WITH OTHER BANKS
Current Accounts with other Banks in 2024 decreased by 21.7% to Rp1.67 trillion. Current Accounts with other Banks
accounted for 0.7% of total assets in 2024.
PLACEMENT WITH OTHER BANKS AND BANK INDONESIA
Danamon’s placements with Other Banks and Bank Indonesia decreased by 51.1% to Rp4.41 trillion in 2024 compared
to Rp9.03 trillion in previous year. The decrease was driven by lower placement in Time Deposits of Bank Indonesia
denominated in both Rupiah and foreign currencies.
Based on the prevailing BI regulations, all placements with other Banks and Bank Indonesia as of 31 December 2024
and 31 December 2023 are classified as current.
MARKETABLE SECURITIES
Based on the issuer, Danamon’s securities are Corporate bonds issued by Banks and corporations. Securities issued
by Banks have a larger portion of 69.9% compared to securities issued by corporations of 30.1%.
GOVERNMENT BONDS
Danamon’s government bonds increased by 14.6% from Rp16.31 trillion in 2023 to Rp18.70 trillion in 2024 which was
driven by higher government bonds denominated in Rupiah.
LOANS
In 2024, disbursed net loans reached Rp148.7 trillion, 9.1% higher than in 2023, while gross loans grew by 8.8%
year-over-year (YoY) to Rp156.3 trillion. Additionally, loans continued to have the largest contribution to total assets,
standing at 61.4% in 2024.
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Based on currency type, loans denominated in Rupiah and foreign currencies increased by 7.2% and 24.1%,
respectively, in 2024.
The portions of these two types of loans were 89.2% and 10.8%, respectively, in 2024.
Meanwhile, based on the types and orientation of use, working capital loans still had the largest portion at 57.7%
in 2024, while investment loans accounted for 16.9% of total loans. Cumulatively, these two types of credit for
productive purposes contributed 74.6% of loans in 2024.
Additionally, consumer loans increased by 8.8% to Rp39.7 trillion in 2024, driven by various government stimuli
aimed at increasing people’s purchasing power
The following table shows loans disbursement based on economic sector:
(in Rp billion)
Description 2024 2023 Growth (YoY)
Wholesale and retail 32,269 27,467 17.5%
Manufacturing 30,112 27,555 9.3%
Financial intermediary 23,322 18,431 26.5%
Transportation, warehousing, and communications 8,010 7,535 6.3%
Construction 3,028 5,048 -40.0%
Households 39,545 36,251 9.0%
Others 19,975 21,364 -6.5%
Total-gross 156,261 143,651 8.8%
The following table shows loans disbursement based on geography:
(in Rp billion)
Description 2024 2023 Growth (YoY)
Jakarta, Bogor, Tangerang, Karawang, Bekasi, and Lampung 109,973 102,296 7.5%
West Java 6,919 6,802 1.7%
North Sumatra 10,892 10,045 8.4%
East Java 8,866 7,434 19.3%
Central Java and Yogyakarta 6,682 6,027 10.9%
Sulawesi, Maluku, and Papua 5,096 4,403 15.7%
Kalimantan 3,935 3,256 20.9%
South Sumatra 2,403 2,100 16.0%
Bali, NTT, and NTB 1,496 1,289 16.0%
Total-gross 156,261 143,651 8.8%
PRIME LENDING RATE
Following are the Prime Lending Rate calculated and published at the end of December 2023 and 2024:
Data Period: Non-MSME Loan MSME Loan Non
Mortgage
December 2023 Mortgage
Corporate Retail Medium Small Micro
Cost of Fund (%) 5.16% 5.07% N/A N/A N/A 4.43% 4.82%
Overhead Cost (%) 2.49% 2.95% N/A N/A N/A 2.89% 3.81%
Profit Margin (%) 0.85% 0.98% N/A N/A N/A 0.68% 0.62%
Prime Lending Rate (%) Cost of Funding +
8.50% 9.00% N/A N/A N/A 8.00% 9.25%
Overhead Cost + Profit Margin)
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Data Period: Non-MSME Loan MSME Loan Non
Mortgage
December 2024 Mortgage
Corporate Retail Medium Small Micro
Cost of Fund (%) 4.61% 4.61% 4.61% 4.61% N/A 4.61% 4.61%
Overhead Cost (%) 3.14% 3.14% 3.14% 3.14% N/A 3.14% 3.14%
Profit Margin (%) 0.75% 1.25% 1.75% 1.75% N/A 0.25% 1.50%
Prime Lending Rate (%) Cost of Funding +
8.50% 9.00% 9.50% 9.50% N/A 8.00% 9.25%
Overhead Cost + Profit Margin)
The weighted average effective interest rate per annum for the year ended 31 December 2024 was 8.7% for Rupiah
and 6.0% for foreign currencies. In the previous year, the effective interest rates were 8.4% and 6.0%, respectively.
CONSUMER FINANCING RECEIVABLES AND FINANCE LEASE RECEIVABLES
In addition to Bank loans, Danamon also provides consumer financing receivables and finance lease receivables on
a consolidated basis through its subsidiary, Adira Finance. Net consumer financing receivables and finance leases
slightly increased by 1.0% to Rp27.94 trillion in 2024, up from Rp27.64 trillion in the previous year, in line with the
weakening automotive sector in 2024.
Collectability of Loans, Consumer Financing and Finance Leases
Description 2024 2023
NPL-Gross 1.9% 2.2%
Special Mention 7.5% 8.0%
Current 90.6% 89.8%
FIXED ASSETS AND RIGHT-OF-USE ASSETS
Danamon’s fixed assets and Right-of-use assets in 2024 increased by 14.9% to Rp2.48 trillion from Rp2.16 trillion in
the previous year. The increase was mainly due to the ongoing branch transformation projects in major cities across
Indonesia to serve our customers better.
(in Rp billion)
Fixed Assets 2024 2023 Growth (YoY)
Land 626 614 2.0%
Building 735 616 19.3%
Office Supplies 388 302 28.5%
Motor vehicles 11 10 10%
Total fixed assets - net 1,760 1,542 14.1%
Rights of use assets
Cost 1,329 1,091 21.8%
Accumulated amortization (607) (473) 28.3%
Net book value 722 618 16.8%
Total fixed assets and right of use assets 2,483 2,161 14.9%
OTHER ASSETS
Danamon’s other assets comprising of accounts other than those described above. The total other assets reached
Rp15.03 trillion in 2024 from Rp14.66 trillion in the previous year.
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LIABILITIES
To support the loan growth, Danamon’s funding sources consist of customer deposits, deposits from other Banks,
securities issued and borrowings.
(in Rp billion)
Description 2024 2023 Growth (YoY)
Customer Deposits 150,569 138,412 8.8%
Deposits from Other Banks 4,205 3,032 38.7%
Total Third-Party Funds 154,774 141,444 9.4%
Bonds Payable 7,139 6,694 6.6%
Borrowings 10,450 8,321 25.6%
Subordinated Loans 25 25 -
Others 18,120 14,861 21,9%
Total 190,508 171,345 11.2%
DEPOSITS FROM CUSTOMERS
Danamon’s Customer’s deposits amounted to Rp150.6 trillion in 2024, comprised of 41.4% in Current and Savings
Accounts (CASA) and 58.6% in Time Deposits.
Deposits from customer’s contribution to total liabilities reached 80.8% and 79.0% in 2023 and 2024 respectively.
(in Rp billion)
Description 2024 2023 Growth (YoY)
Current Account 26,098 33,580 -22.3%
Savings 36,188 38,169 -5.2%
Time Deposits 88,283 66,663 32.4%
Total 150,569 138,412 8.8%
DEPOSITS FROM OTHER BANKS
Danamon also has deposits from other Banks as a funding source for business expansion. In 2024, deposits from
other Banks reached Rp4.20 trillion, up by 38.7% from the previous year’s position of Rp3.03 trillion.
SECURITIES ISSUED
On a consolidated basis, Danamon’s outstanding bonds reached Rp7.13 trillion in 2024, 6.6% higher than the previous
year’s position of Rp6.69 trillion. Danamon’s subsidiary, Adira Finance, issue bonds to support financing business
activities. Adira Finance’s total bonds that have not yet matured minus underwriting fees and others are Rp6.31 trillion
in 2023, higher than Rp5.84 trillion in the previous year. All Adira Finance’s bonds were rated idAAA by Pemeringkat
Efek (Pefindo).
In addition, Adira Finance has a Sukuk Mudharabah of Rp831.83 billion in 2024, slightly lower than the previous year’s
position of Rp859.00 billion. All of Adira Finance’s Mudharabah sukuk were also rated idAAA(sy) by Pemeringkat Efek
(Pefindo).
Bonds issued by Danamon has fully matured in 2022.
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BORROWINGS
Danamon’s subsidiary, Adira Finance, also has long-term financing schemes with term of more than one year as
another source of stable funding. The borrowings received came from various Institutions either abroad or domestic
which demonstrates Danamon group’s high flexibility in obtaining funding sources.
The total borrowings received in 2024 was worth Rp10.45 trillion, a 25.6% increase than previous year’s position of
Rp8.32 trillion. An increase in the borrowings received was mainly due to an increasing loan in foreign denomination
from Rp235 billion to Rp5.16 trillion in 2024.
SUBORDINATED LOANS
Danamon has a strong financial support from its controlling shareholder. On 27 November 2018, the Bank entered
into a subordinated loan agreement amounted to Rp25.00 billion with fixed interest rate of 9.27% with MUFG Bank,
Ltd., a related party. The subordinated loan was fully disbursed from MUFG Bank, Ltd. on 4 December 2018. The
subordinated loan has been extended on 4 December 2023 with fixed interest rate of 7.33% per annum and will
mature in 5 years from the loan extension date.
EQUITY
Danamon booked a strong equity in 2024, reaching Rp51.83 trillion. This was largely supported by a 5.6% increase
in retained earnings to Rp37.20 trillion in 2024.
(in Rp billion)
Description 2024 2023 Growth (YoY)
Issued and fully paid 5,996 5,996 0.0%
Additional paid-up capital 7,986 7,986 0.0%
Other equity components (115) 18 -738.9%
Retained earnings 37,200 35,236 5.6%
Non-controlling interests 758 723 4.8%
Total 51,826 49,959 3.7%
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
(in Rp billion)
Description 2024 2023 Growth (YoY)
Interest income 22,789 20,210 12.8%
Interest expense (7,184) (4,994) 43.9%
Interest income – net 15,605 15,216 2.6%
Other operating income – net 4,627 4,260 8.6%
Other operating expenses (15,992) (14,694) 8.8%
Net operating income 4,240 4,782 -11.3%
Non-operating income-net (57) (88) 35.2%
Income before tax expense 4,183 4,694 -10.9%
Tax expense (893) (1,036) 13.8%
Net income 3,290 3,658 -10.0%
Total comprehensive income for the year 3,170 3,698 -14.3%
Net profit attributable to:
Parent entity 3,179 3,504 -9.3%
Non-controlling interests 112 154 -27.3%
Total comprehensive income for the year attributable to:
Parent entity 3,057 3,549 -13.9%
Non-controlling interests 112 150 -25.3%
Net income per share (full amount) 325 359 -9.5%
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NET INTEREST INCOME
In line with the increasing interest income in 2024, Danamon booked a 2.6% YoY growth in net interest income to
Rp15.60 trillion compared to previous year’s amount of Rp15.22 trillion.
OTHER OPERATING INCOME
Other operating income reached Rp4.63 trillion in 2024, improved by 8.6% compared to the previous year, mainly
driven by higher gains from foreign exchange transactions – net, higher income from other fees and lower losses
from changes in fair value of financial instruments at fair value through profit or loss - net.
OTHER OPERATING EXPENSES
Danamon’s other operating expenses was dominated by salaries and employee benefits, general & administrative
expenses as well provision for impairment losses. In 2024, other operating expense accounts increased 8.8% YoY to
Rp16.00 trillion from Rp14.70 trillion in 2023.
NET INCOME ATTRIBUTABLE TO OWNERS OF THE PARENT
Net income attributable to Owners of the Parent Entity reached Rp3.18 trillion compared to Rp3.50 trillion in previous
year. In 2024, Danamon’s earning per share reached Rp325 per share (full amount), compared to Rp358 per share
(full amount) in previous year.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in Rp billion)
Description 2024 2023 Growth (YoY)
Net cash provided from/(used by) operating activities (28) (6,378) 99.6%
Net cash provided from/(used by) investing activities (9,431) 1,415 -766.5%
Net cash provided from/(used by) financing activities 5,823 3,878 50.2%
Net increase/(decrease) in cash and cash equivalents (3,636) (1,086) -234.8%
Cash and cash equivalents at beginning of the year 18,563 19,661 -5.6%
Cash and cash equivalents at the end of year 14,937 18,563 -19.5%
CASH FLOWS FROM OPERATING ACTIVITIES
Danamon posted a net cash used by operating activities amounted to Rp28 billion in 2024. This was 99.6% lower
than previous year’s net cash used by operating activities of Rp6.38 trillion, in line with increase in receipts from
consumer financing transactions and lower payments for new consumer financing transactions.
CASH FLOWS FROM INVESTING ACTIVITIES
Danamon recorded net cash provided by investment activities of Rp9.43 trillion in 2024, a 766.5% decrease
compared to the previous year’s net cash provided by investing activities of Rp1.42 trillion. This decrease was mainly
due to more acquisition of Marketable Securities and Government Bonds - amortized cost and fair value through
other comprehensive income in 2024.
CASH FLOWS FROM FINANCING ACTIVITIES
Danamon reported that net cash provided for financing activities of Rp5.82 trillion in 2024, increased 50.2%
from previous year’s net cash provided for financing activities of Rp3.88 trillion. This increase was mainly due to
increse in securities sold under repurchase agreement.
126 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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KEY FINANCIAL RATIO
Danamon conducts its business activities prudently and complied with the regulations of Bank Indonesia, OJK as well
as other prevailing laws and regulations.
The Bank is able to meet the financial ratios set by the regulator amidst the pandemic challenges. Danamon’s key
financial ratios are as follows:
Key Financial Ratios (%) 2024 2023
CAR-Consolidated 26.2 27.5
Gross NPL-Consolidated 1.9 2.2
ROA-Consolidated 1.4 1.7
ROE-Consolidated 7.1 8.3
NIM-Consolidated 7.3 7.7
RIM-Consolidated 97.5 97.3
LDR-Bank Only 96.5 96.5
Cost to Income-Bank Only 54.1 51.6
DEBT REPAYMENT CAPABILITY AND RECEIVABLES COLLECTIBILITY
Debt Repayment Capability
From an external perspective, the indicator of Danamon’s debt repayment capability is provided by rating agencies
either national or international scale through their ratings assigned to Danamon. Pefindo, a national rating agency,
issued an excellent rating for Danamon by assigning a Corporate rating of idAAA with a Stable outlook.
Meanwhile, an international rating agency Fitch assigns National Ratings for Long Term and Short Term to AAA(IDN)
and F1+(IDN) respectively, whilst Foreign Currency Ratings for Long Term and Short Term are BBB and F2, respectively.
In 2024 Fitch upgraded Danamon’s Operating Environment rating to bbb- from bb+ and the Viability Rating to bb+
from bb. The outlook for the long-term rating from Fitch is Stable.
The Bank’s participation in the guarantee program of the Indonesian Deposit Insurance Corporation (LPS) also
strengthens its ability to pay depositors’ third-party funds.
From an internal perspective, Danamon’s ability to meet all obligations, both long-term and short-term, is measured
through several ratios such as liquidity ratios, solvency ratios, and profitability ratios.
Solvency Ratio
The capital ratio is one of the parameters used in measuring the solvency ratio. Danamon always ensures that
its capital is able to meet Capital Adequacy Ratio (CAR) requirement which includes credit risk, market risk and
operational risk. On a consolidated basis, Danamon recorded a CAR of 26.2% in 2024, far above the minimum CAR
ratio required by the regulator.
Profitability Ratio
Danamon’s financial ratios to measure its profitability and performance efficiency are Return to Average Assets
(ROAA), Return to Average Equity (ROAE), Net Interest Margin (NIM), and Operating Expenses to Operating Income
(BOPO) ratio.
Danamon recorded profitability ratios of ROAA and ROAE of 1.4% and 7.1% respectively in 2024. Meanwhile, Net
Interest Margin (NIM) ratio was recorded at 7.3% in 2024 compared to 8.2% in 2023. On the other hand, Danamon’s
BOPO ratio was recorded at 79.7% in 2024 compared to 75.7% in the previous year.
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Liquidity Ratio
The Bank’s liquidity management is very important to Danamon since it is closely related to the Bank’s ability to meet
either short-term or long-term obligations. Key measures of liquidity risk for Danamon includes the Macroprudential
Intermediation Ratio (RIM), Loan to Deposit Ratio (LDR), Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio
(NSFR). These ratios are 97.5%, 96.5%, 144.8% and 120.2%, respectively in 2024 compared to 97.3%, 96.6%, 131.8%
and 120.9%, respectively in 2023. All the ratios indicated ample liquidity for Danamon.
CAPITAL STRUCTURE
Capital Structure Components
Danamon is committed to managing a strong and healthy capital structure as foundation for sustainable business
growth.
Based on POJK No. 34/POJK.03/2016 regarding Capital Adequacy Ratio for Commercial Banks, capital of Bank
comprises of:
• Core capital (Tier 1 capital) comprising of main core capital and additional core capital.
• Supplementary capital (Tier 2).
Core capital has a portion of 95.4% of Danamon’s total capital in 2024.
(in Rp billion)
Bank Only Consolidated
Description
2024 2023 YoY 2024 2023 YoY
Core Capital (Tier-I) 36,132 34,157 5.8% 46,240 44,058 5.0%
Supplementary Capital (Tier-II) 1,740 1,596 9.0% 1,857 1,697 9.4%
Total Capital 37,872 35,753 5.9% 48,097 45,755 5.1%
Credit, Operational, Market Risk
155,064 141,110 9.9% 183,263 166,274 10.2%
Weighted Assets
CAR 24.4% 25,3% -0.9 p.p* 26.2% 27,5% -1.3 p.p*
*Point Percentage
Management Policy on Capital Structure
Management’s policy on capital structure is reflected in Danamon’s CAR (Capital Adequacy Ratio) as one indicators
of the Bank’s capital adequacy. The Bank’s ability to grow and accommodate the possible risk of loss is measured
through CAR.
Danamon consistently maintains capital adequacy level above the minimum CAR level stipulated by the regulator.
Danamon’s consolidated CAR ratio reached 26.2% in 2024, while in 2023 CAR was 27.5%.
Danamon also performed an Internal Capital Adequacy Assessment Process (ICAAP) to determine capital adequacy
in accordance with the risk profile and determine strategies to maintain capital levels. The Bank’s risk profile in 2023
is rated Low to Moderate (2). In accordance with POJK No. 34/ POJK.03/2016 and SEOJK No.26/SEOJK.03/2016,
CAR that must be provided by considering the risk profile rating of Low to Moderate (2) and Basel 3 Capital Buffer in
2024 is 9.0%.
Basis for Determining Management Policy on Capital Structure
In setting capital structure policies, management considers various factors amongst others economic projections,
business growth potential, risk appetite, stress testing results, and capital ratio targets. Through this plan, Danamon is
expected to be able to take advantage of growth and strategic opportunities, perform its business within the corridor
of risk appetite and comply with prevailing regulations, maximize shareholder returns, and survive through various
economic cycles. Supported by data analysis, the Board of Directors and Commissioners of Danamon conduct
planning, studies and discussions related to the Bank’s capital.
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Commitments and Contingencies
Danamon’s loan facility commitment to customers as well as contingencies, including in the form of income in
settlement and Bank guarantees received.
Cumulatively, in 2024 total commitment liabilities and net contingent liabilities amounted to Rp13.53 trillion or an 8.5%
increase compared to the previous year’s position of Rp12.48 trillion.
(in Rp billion)
Description 2024 2023 Growth (YoY)
Unused loan facilities to debtors 4,898 4,923 -0.5%
Outstanding irrevocable letters of credit 1,082 853 26.9%
Total commitment payable 5,980 5,776 3.5%
Contingent receivables
Guarantee from other Banks 766 744 3.0%
Total contingent receivables 766 744 3.0%
Contingent payables
Guarantees issued 8,320 7,448 11.7%
Total contingent payables 8,320 7,448 11.7%
Contingent payables - net 7,554 6,704 12.7%
Commitment payables and contingent payables - net 13,534 12,480 8.5%
IMPACT OF CHANGES IN INTEREST RATE AND FOREIGN CURRENCIES ON BANK PERFORMANCE
Impact of Interest Rate Changes
Changes in interest rates have an impact towards Banking industry by adjusting Bank interest rates for retail loans;
consumers, including mortgages. Bank Indonesia has maintained the 7-Day Reverse Repo Rate (BI7DRR) in the level
6.0% at the end of 2024.
The impact of interest rates changes on the performance of the Bank can encourage more optimal credit absorption,
trigger the economy to be more advanced so as to improve the Bank’s performance. Danamon’s interest rate risk
management regularly conducts a sensitivity analysis based on a number of scenarios to see the impact of changes
in interest rates. This is important because interest rate risk is the probability of loss that may occur as a result of the
opposite movement in positions vis-à-vis the interest rate market or the Bank’s transactions.
Impact of Foreign Currencies Changes
Foreign exchange rate risk arises from on and off-balance sheet positions in both assets and liabilities through
transactions in foreign currencies. Danamon measures foreign exchange rate risk in order to understand the impact
of exchange rate movements on the Bank’s income and capital.
Investment Properties
Danamon does not own property assets that are used for investment purposes until the period ended 31 December
2024.
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Material Commitments for Capital Goods Investment
Until the end of 2024, Danamon has no material commitments related to capital goods investment. Thus, data related
to the name of party making commitments; purpose of the commitments; the source of funds expected to fulfil these
commitments; the currency being denominated; and the Company’s plans to hedge the risk from its associated
foreign currency position are not presented in this section.
Capital Expenditures Realized in The Last Fiscal Year
Danamon invests in capital goods in the form of fixed assets comprising of land, buildings, equipment, machinery,
office furniture, motor vehicles and non-fixed assets such as system and infrastructure development.
Material Information and Facts Occurring After the Accountant’s Report Date
There is no material information and facts that occurred after the date of the accountant’s report.
Comparison of 2024 Target and Realization
Uncertainties and challenges of economic conditions in 2024 resulted in lower profitability compared to the target
set in the previous year, mainly due to an increase in provision cost. However, the total loan managed to exceed the
previously set targets.
Dividend Policy
Based on the decision of the Annual General Meeting of Shareholders (“AGMS”) dated 22 March 2024, it was decided
amongst other to distribute cash dividends for 2023 financial year, representing 35.0% of the 2023 net profit of
Rp1,226,358,700,000 or amounting to Rp125.48 per share.
The dividend payments for the last 3 financial years are as follows:
Dividend per General &
Total Dividend
Share for series A Mandatory
Fiscal Year AGMS date % Net Profit Payment Payment date
and series B Reserves
(Rp Billion)
(Rp full amount) (Rp Billion)
2023 22-Mar-24 35% 125.48 1,226.3 25-Apr-23 35.0
2022 29-Mar-23 35% 118.26 1,155.8 4-May-23 33.0
2021 25-Mar-22 35% 56.33 550.6 28-Apr-22 15.7
Employee and/or Management Equity Ownership Important Changes in The Bank and Bank Business
Program groups In 2024
In 2024, Danamon did not have a share option program Danamon reported that there were no important
for the Board of Directors, Board of Commissioners changes that occurred in the Bank and the Bank’s
or employees. Henceforth, the Bank did not provide business groups as of 31 December 2024 which
related information regarding: affected Danamon’s financial position.
1. Number of ESOP/MSOP shares and their realization;
2. Term of time; Other Important Transactions in Significant Amount
3. Requirements for eligible employees and/or There was no other important transaction in significant
management; and amounts executed by Danamon throughout 2024 other
4. Exercise price. than those described in this Management Discussion
and Analysis chapter.
Realization of Proceeds from Public Offering
In 2024, Danamon as a parent Company did not Material Transactions Containing Conflicts of Interest
conduct any public offerings, either bonds or shares. Throughout 2024, Danamon did not record transactions
Thus information related to the total proceeds; plan for containing conflicts of interest.
the use of proceeds; details of the use of proceeds;
proceeds balance; and approval date of the GMS/RUPO
for changes in the use of proceeds (if any) was not
presented.
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Transactions with Affiliated Parties/Related Parties
Danamon conducts various transactions with related
parties which are not conflict of interest transactions
in performing its business activities. The transaction is
executed fairly based on normal commercial terms such
as transactions with unrelated parties. More complete
information related to transactions with related parties
can be seen in the attachment of 2024 audited financial
report of PT Bank Danamon Indonesia Tbk (Note No.
47).
INFORMATION ON TRANSACTIONS RELATED
TO INVESTMENTS, EXPANSION, DIVESTMENT,
ACQUISITION AND RESTRUCTURING
Investment
Danamon did not conducted investment activities in
2024 so that information regarding purpose, transaction
value and source of funds for investment activities are
not presented.
Expansion
Danamon did not execute expansion activities in 2024
so that information regarding purpose, transaction
value and source of funds for acquisition activities are
not presented.
Divestment
Danamon did not perform divestment activities in 2024
so that information regarding purpose, transaction
value and source of funds for divestment activities are
not disclosed.
Acquisition
Danamon did not execute acquisition activities in 2024
so that information regarding purpose, transaction
value and source of funds for acquisition activities are
not presented.
Restructuring
There were no debt or capital restructuring activities in
2024. Therefore, Danamon did not provide information
related to restructuring activities in terms of objectives,
transaction value and sources of funds for restructuring
activities.
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REGULATORY CHANGES THAT HAD A SIGNIFICANT INFLUENCE ON BANK AND ITS FINANCIAL STATEMENTS
IN 2024
Impact on Financial
No. BI/OJK Regulation Description Impact on BDI
Statements
1 SEOJK No.25/ 1. The main points of concern from SEOJK No.25/ • Danamon needs to adjust its policies Has no impact on
SEOJK.03/2023 SEOJK.03/2023: related to the implementation of risk the composition
tentang Penerapan • Active oversight by the Board of management by involving the active of the Financial
Manajemen Risiko Directors, Board of Commissioners, and role of the DPS. Statements.
bagi Bank Umum Sharia Supervisory Board (DPS) in the • Danamon needs to set up a working
Syariah (BUS) dan implementation of risk management, unit to implement Sharia compliance
Unit Usaha Syariah including compliance with Sharia principles. functions, Sharia risk management
(UUS). • Active role of the DPS in the implementation functions, and Sharia internal audit
of Risk Management across all types of risks functions, as well as coordination
(10 types of risks), including through: mechanisms among functions with the
> At Evaluation of risk management policies Islamic business unit.
and procedures in compliance with Sharia • Danamon needs to adjust the
principles at least once a year. Guidelines and Work Regulations of
> Evaluation of the accountability of the the DPS that offers guideline for the
Board of Directors and providing corrective active oversight of the DPS.
guidance on the implementation of risk
management in compliance with Sharia
principles at least once in a quarter.
> Both evaluation worksheets are available
in the SEOJK.
• To support the active oversight of the DPS,
the Bank provides functions that support
the implementation of risk management
related to compliance with Sharia principles.
These functions include Sharia compliance
functions, Sharia risk management functions,
and Sharia internal audit functions.
• A more detailed Sharia Risk Profile
Assessment that includes the application of
Sharia principles across 10 types of risks.
2 POJK No. 21 of 1. In this regulation, the OJK requires Banks to: Bank telah melakukan pengkinian atas Has no impact on
2023 concerning • Have IT infrastructure and management kebijakan dan prosedur penyelenggaraan the composition
Digital Services by that can support the optimization of digital Layanan Digital, diantaranya untuk: of the Financial
Commercial Banks. services, including the security of customers’ • Reporting on Digital Services, Statements.
personal data. • Creating access management features
• Implement risk management, consumer for customers, and
protection, and provide education to • Implementing biometric characteristics
customers regarding digital services. as one of the authentication factors
• Conduct identification and verification of for customers in electronic face-to-
customers or potential customers using face verification and non-face-to-face
digital services. electronic verification.
• Be able to grant access to customer and/
or potential customer data and information
to Bank partners based on consent and for
benefit of the customer and/or potential
customer.
2. This new regulation also stipulates that digital
services related to payment systems are
treated as basic products, thus their licensing
will be fully regulated by Bank Indonesia (such
as QRIS, e-Money).
3 POJK No. 2 of This new OJK regulation focuses on the The Bank needs to update the Guidelines Has no impact on
2024 concerning
enhancement of the functions of the Sharia and Work Regulations of the DPS. the composition
the Implementation
Supervisory Board (DPS): of the Financial
of Sharia 1. Effective January 2025, the DPS will be Statements.
Governance for considered a “Primary Party,” meaning that its
Sharia Banks and members must obtain approval from the OJK.
Sharia Business The DPS will also be regarded as a “Related
Units. Party” of the Bank and will be subject to
monitoring of the Maximum Limit of Credit
Provision.
2. Effective January 2026, the DPS must have
a minimum of 3 members and a maximum of
50% of the total number of Board of Directors
members.
3. The DPS shall conduct: (a) meetings at least
once a month; (b) joint meetings with the Board
of Commissioners at least once every 4 months;
(c) joint meetings with the Board of Directors at
least once every 4 months.
4. An External Review of the implementation of
Sharia governance shall be conducted by a
Public Accountant registered with the OJK at
least once every 3 years (the first review will
be conducted in 2027 for the period from July
132 2024Tbk
PT Bank Danamon Indonesia to June
20242027).
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Impact on Financial
No. BI/OJK Regulation Description Impact on BDI
Statements
4 POJK No. 3 of This regulation has several relevant objectives and There is no direct impact on the Bank, Has no impact on
2024 concerning provisions: except when the Bank plans to have ITSK the composition
the Implementation 1. The provision of space and facilitation for initiatives or collaborate with partners of the Financial
of Financial Sector testing/development of technology innovations providing ITSK that must comply with the Statements.
Technology (sandbox) in the financial sector, allowing requirements of this regulation.
Innovation (ITSK). businesses to test technology innovations
before they are widely implemented.
2. Licensing, monitoring, and evaluation related to
technology innovations aimed at ensuring the
sustainability and security of innovations in the
financial sector.
5 POJK No. 5 of 1. Integrating existing regulations regarding The Bank needs to update its Recovery Has no impact on
2024 concerning Systemic Banks with the supervisory status of Plan and Recovery Policy. the composition
the Determination the OJK. of the Financial
of Supervisory 2. Bank supervisory status: (i) Banks under normal Statements.
Status and supervision; (ii) Banks under rehabilitation; and
Handling of Issues (iii) Banks in resolution.
for Commercial 3. The Recovery Plan for Conventional Banks
Banks. that have Islamic Business Units (UUS) must
obtain an opinion from the Sharia Supervisory
Board (DPS) regarding compliance with Sharia
principles.
6 PBI No. 2 of 1. The new BI regulation governs various Further implementation will follow the Has no impact on
2024 concerning provisions that specifically address the issuance of the PADG. the composition
Information System implementation of information system security of the Financial
Security and Cyber and cyber resilience. Statements.
Resilience for 2. Security and resilience of systems must be
Payment System implemented based on good governance, a
Providers, Money comprehensive strategy, risk management,
Market and Foreign cultural development, and preparedness for
Exchange Market cyber incidents.
Participants, and 3. BI will issue additional regulations as guidelines
Other Parties for implementation
Regulated and
Overseen by Bank
Indonesia (BI).
7 PADG No. 4 of 1. The total incentive for the Minimum Reserve The Bank has received GWM incentives Has no impact on
2024 concerning Requirement (GWM) remains unchanged at a (3 periods) for the period from June 1 to the composition
Amendments to maximum of 4%. December 31, 2024. of the Financial
PADG No. 11 of 2. Expanding the category of priority financing Statements.
2023 regarding the sectors that can be considered for incentives,
Implementation namely:
Regulation of • Automotive, Trade, Electricity, Gas, Water,
Macroprudential and Community Services.
Liquidity Incentive • Creative Economy.
Policy (KLM).
8 PBI No. 5 of To strengthen the quality of human resources in • The Bank needs to submit a funding Has no impact on
2024 concerning the payment system sector, BI aligns regulations provision plan for SK SP for the year the composition
Competency regarding competency development with the 2025 to the Regulator. of the Financial
Standardization National Competency Standards: • The Bank needs to continuously Statements.
in the Payment 1. Competency Certification is mandatory for strives to meet the obligation of
System (SK SP) human resources engaged in Payment System possessing SK SP in accordance with
Activities. the regulations.
2. These activities include operational activities of
the payment system, services for processing
Rupiah currency, foreign currency/foreign
banknotes, settlement of treasury transactions
and trade financing, administration of securities,
and other payment system operations as
determined by BI.
3. There are 3 qualification levels according to
function/role: Implementer level, Supervisor
level, and Board Member level or equivalent/
Executive Officer.
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Impact on Financial
No. BI/OJK Regulation Description Impact on BDI
Statements
9 PADG No. 6 of 1. This regulation aims to ensure more effective The Bank needs to update its internal Has no impact on
2024 concerning oversight of the inflow, placement, and use of arrangements in accordance with the composition
Amendments to DHE, particularly those originating from the applicable regulations. of the Financial
PADG No. 4 of exploitation, management, and/or processing of Statements.
2023 regarding natural resources, into the Indonesian financial
Export Proceeds in system.
Foreign Exchange 2. This regulation adds several obligations for
(DHE SDA) and Banks to:
Import Payment in • Ensure that exporters with export values of
Foreign Exchange less than USD 25,000 submit a Voluntary
(DPI). Statement to credit a Special Account
(Reksus). The Bank forwards this statement
to BI;
• Ensure the placement
10 POJK No. 12 of The OJK emphasizes the implementation of The Bank needs to submit its Anti-Fraud Has no impact on
2024 concerning anti-fraud regulations for all financial service Strategy to the Regulator. the composition
the Implementation institutions (such as Banks, insurance companies, of the Financial
of Anti-Fraud securities, financing, etc.): Statements.
Strategies for 1. This regulation expands and further details
Financial Service various types of activities that can be classified
Institutions. as fraud, such as corruption, asset misuse,
financial statement fraud, and disclosure of
confidential information.
2. The implementation of Anti-Fraud Strategies
must include preventive and handling measures
to specifically ensure that business activities
are not exploited to facilitate criminal activities.
3. Financial Service Institutions (PJK) must provide
education and competency development
related to anti-fraud policies for internal parties,
as well as education and/or socialization of
policies to external parties, at least once a year.
4. Failure to comply with regulatory provisions
may result in sanctions ranging from warning
letters to the suspension of business activities.
11 PBI No. 7 of 2024 1. RPLN is defined as Short-Term Liabilities The Bank needs to implement the Has no impact on
and PADG No. 7 of to Bank Capital calculated on a daily basis. maximum RPLN limit and continuously the composition
2024 concerning BI sets a maximum limit for RPLN at 30%, maintains the RPLN threshold. of the Financial
the Foreign with adjustments based on countercyclical Statements.
Funding Ratio of parameters.
Banks (RPLN). 2. As a macroprudential policy instrument, RPLN
has two features: countercyclical and risk-
based. The RPLN limit can be increased or
relaxed when Banks require additional foreign
funding, and can be reduced or tightened
when the need for foreign funding is sufficient,
making it more dynamic. The Short-Term
Liabilities considered in RPLN consist of the
Bank’s Short-Term Foreign Debt, Domestic
Short-Term Foreign Currency Securities, and/
or Short-Term Risk Participation Transactions
(TPR).
12 POJK No. 13 of 1. SBDK serves as the indicator of the lowest • Danamon has adjusted the SBDK Has no impact on
2024 concerning interest rate. calculation method in accordance with the composition
Transparency and 2. The SBDK report must be prepared in a the regulations and has updated its of the Financial
Publication of the complete, accurate, current, comprehensive, internal provisions in the preparation Statements.
Basic Lending and comparable manner. The Board of Directors and determination of the SBDK.
Rate (SBDK) for and Commissioners are responsible for the • Danamon has announced the SBDK
Conventional completeness and accuracy of the components through its website, branch offices,
Banks. used in the SBDK calculation. and digital channels in accordance
3. Banks are required to publish the SBDK through with the guidelines set by the OJK.
their websites, at every Bank branch, and
through digital channels, as well as report the
SBDK to the OJK.
4. The components of SBDK are defined in more
detail and linked to cost codes in the Integrated
Bank Monthly Report.
5. The implementation of consumer protection
related to the disclosure of effective and flat
interest rates.
134 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Impact on Financial
No. BI/OJK Regulation Description Impact on BDI
Statements
13 POJK No. 15 of To ensure that the Bank’s financial reports and • The Bank needs to prepare Internal Has no impact on
2024 concerning information are accurate, precise, and of high Control Policies in the Financial the composition
the Integrity of integrity, Banks are required to: Reporting Process. of the Financial
Bank Financial 1. Establish internal control policies and • The Bank needs to establish a special Statements.
Reporting. procedures applicable to the financial reporting working unit within the timeframe set
process. by the regulatory provisions.
2. Form a special unit responsible for preventing • The Bank needs to submit the Internal
fraud or manipulation of Financial Information Control Report in the Bank’s Annual
and/or Financial Statements. Report starting in 2025.
3. Submit an Internal Control Report as part of the
Bank’s Annual Report.
4. Sanctions for non-compliance include
administrative fines and financial penalties
ranging from a minimum of IDR 2 billion to a
maximum of IDR 50 billion for each violation.
14 PADG No. 17 of This regulation serves as the implementation • The Bank needs to submit its funding Has no impact on
2024 concerning guideline for PBI No. 5 of 2024 regarding SK SP. provision plan for SK SP for the year the composition
the Implementation 1. SK SP supersedes the PADG concerning 2025 to the Regulator. of the Financial
of Competency SPPUR. • The Bank needs to continuously strive Statements.
Standardization 2. Banks are required to certify SK SP for human to meet the obligation of possessing
in the Payment resources involved in payment system activities SK SP.
System (SK SP). (previously SPPUR certification). Deadline:
December 2026.
3. Banks must submit an annual funding provision
plan for SK SP certification
15 PADG No. 19 BI maintains the LTV/FTV ratio provisions for Danamon needs to extend the property Has no impact on
of 2024 (6th property loans/financing at a maximum of 100% financing policy to a maximum of 100%, the composition
amendment to and the Down Payment for Motor Vehicle Loans/ while continuing to observe the principles of the Financial
PADG 21/2019) Financing at a minimum of 0%, effective from of prudence and risk management until Statements.
concerning the January 1 to December 31, 2025. December 31, 2025.
Loan to Value
(LTV)/Financing to
Value (FTV) Ratio
for Property Loans/
Financing and
Down Payments
for Motor Vehicle
Loans/Financing.
Changes in Accounting Policies
The following standards, amendments and annual improvements became effective since 1 January 2024 and are
relevant to the Bank and Subsidiary:
• Amendment to PSAK 201 (formerly PSAK 1) “Presentation of Financial Statement” related to Long-term Liabilities
with the covenant.
• Amandment to PSAK 116 (formerly PSAK 73) “Lease” related to lease liabilities in sale and lease-back transactions.
• Amendment to PSAK 207 (formerly PSAK 2) “Cash Flow Statements” and PSAK 107 (formerly PSAK 60) “Financial
Instrument: Disclosures” related to disclosures of supplier financing arrangements.
• 2024 Annual Adjustment to PSAK. 407 (formerly PSAK 107) “Akuntansi Ijarah”. This adjustment harmonizes and
maintains consistency in the arrangements for revenue recognition and presentation of ijarah for indirect services.
The implementation of PSAK above does not cause significant change to the financial reporting and disclosure in the
consolidated financial statements. [POJK C.6]
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OPERATIONAL
REVIEW
PT Bank Danamon Indonesia Tbk 2024 Annual Report
PT Bank Danamon Indonesia Tbk 2024 Annual Report 137
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
RISK
MANAGEMENT
138 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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RISK
MANAGEMENT
“The implementation of risk management and internal controls is an
important part of the Bank’s operational and activities in ensuring the
realization of healthy and sustainable business growth of the bank.”
The implementation of risk management within PT Bank Danamon Indonesia Tbk (Danamon) and its Subsidiary
continues to be improved in line with the changes in regulations, risks, and business complexity. The implementation
of risk management is aimed to identify, measure, monitor, as well as control various potential risks in all working
units, both in the line of business and supporting working units.
Danamon considers risk management as an integral part of its business strategies, thereby, promoting a strong and
well-embedded risk culture in the overall day-to-day decision-making, operational activities, and employee conduct.
In implementing risk management, the risk management team take the following approaches:
1. To be a trusted partner for the line of business by ensuring transparent and appropriate risk appetite, resulting in
positive outcomes for customers, employees, regulators, and shareholders.
2. To be a strong advocate of Corporate values and principles, supported by a robust risk framework that is well-
defined, well-communicated, and pre-emptive in nature.
3. To provide the best policies, models, tools, and frameworks that assist in measured and sound risk-taking.
4. To sponsor a strong and proactive risk culture and control throughout Danamon and its Subsidiary.
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IMPLEMENTATION OF RISK MANAGEMENT IN DANAMON
In accordance with the Financial Services Authority (OJK) regulations regarding risk management implementation,
the key elements that support Danamon’s risk management governance structure are:
1. Active Oversight of the Board of Directors, the Board of Commissioners, and Sharia Supervisory Board
The implementation of Risk Management in Danamon involves the active oversight and supervision of Board of
Directors (BOD), Board of Commissioners (BOC), and Sharia Supervisory Board (DPS) (for the Sharia Business
Unit). Recognizing the strategic role of these three boards, Danamon has determined the supervisory duties for
each board are as follows:
Board of Commissioners
The BOC exercises overall oversight of Danamon’s operational activities, which involve overseeing the
implementation of risk management. The BOC has delegated its risk oversight duty to the Risk Oversight
Committee. However, in this oversight function, the BOC still bears the ultimate responsibility.
The BOC has the following authorities and responsibilities:
1) Approve the risk management policies, strategies, and frameworks that are aligned with the risk appetite and
risk tolerance, also conduct periodically evaluation.
2) Perform the risk oversight and evaluate the accountability of the BOD for the implementation of the risk
management policies and strategies as well as risk exposures through periodic reviews with the BOD.
3) Approve business activities that require the BOC approval if required by prevailing laws and/or stipulated in
Danamon’s Article of Association.
4) Approve the policies that require BOC approval as required by Bank Indonesia (BI)/OJK regulations or other
external regulations.
5) Carry out the risk management function as regulated in the regulations.
6) Conduct supervision on the implementation of non-performing assets management, allowances and provisions
for the impairment losses carried out by Danamon in credit risk management.
7) Ensure that risk management implementation has covers country risk and transfer risk.
8) Ensure that BOD has follows up on the recommendations from DPS monitoring results.
Sharia Supervisory Board
Danamon appoints the DPS in the Sharia Business Unit in accordance with the recommendation from the National
Sharia Board (Majelis Ulama Indonesia) and OJK approval. The DPS has duties and functions in supervising the
conformity of Sharia activities to Sharia Principles.
The following are the main functions and duties of the DPS:
1) Evaluating the Risk Management Policies and Procedures related to the fulfilment of the Sharia Principles at
least once a year or at any time in the event of changes that significantly affect business activities.
2) Evaluating the accountability of the BOD and provide direction to improve the implementation of the Risk
Management Policies related to the fulfilment of the Sharia Principles at least quarterly.
3) Acting as an advisor and provide recommendations to the BOD and Sharia business management (officers that
are related to implementation of Sharia business) regarding matters related to the Sharia Principles, including
provide Sharia opinions on Danamon activities.
4) Coordinate with the National Sharia Board to discuss Danamon’s proposals and recommendations for product
and service development, which require review and decision from National Sharia Board.
5) Direct, monitor, and evaluate sharia risk management implementation.
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Board of Directors
As the party responsible for the implementation of operational activities, including overseeing the implementation
of risk management, the BOD has a role in comprehensively setting the direction of risk management policies and
strategies, including its implementation.
The BOD has established the Risk Management Committee to assist in carrying out its functions and responsibilities
related to risk management implementation.
The BOD has the following authorities and responsibilities:
1) Develop the written and comprehensive risk management policies, strategies, and frameworks, as well as
responsible for its implementations including develop policies and procedures to identify and manage non-
performing assets, asset classification, calculations related to allowances and provisions for the impairment
losses and assets write-off.
2) Conduct periodically reviews on the risk assessment methodologies, implementation of risk management
information systems and risk management policies and procedures, as well as determination of risk limit.
3) Approve business activities that require BOD approval.
4) Develop the risk management culture on all levels of the organization.
5) Oversee risk quality compared to the prevailing levels of fairness.
6) Ensure Management (the Board of Management and executive officers) adopts a prudent and conservative
approach in developing its business.
7) Determine the risk appetite and risk tolerance.
8) Ensure the corrective action for findings that reported by Internal Audit Working Unit (IAU).
9) Ensure the effectiveness of management and enhancement of human capital competency related to the
implementation of risk management.
10) Assign competent officers in the working units based on nature, quantity, and its complexity.
11) Develop and put in place the mechanism of transactions approval, including those which exceed authority limit
for each level of the position.
12) Ensure that the risk management function has independently operated.
13) Conduct regular reviews of asset classification and provisions for non-performing loan and/or financing, as
well as identifying and managing non-performing assets adequately, including provisioning that are in line with
the risks that occur.
14) Conduct regular reviews on the provisioning to aligned with current conditions.
15) Ensure that risk management implementation covers country risk and transfer risk.
16) Evaluate the risk management policies and strategies.
In supporting the implementation of effective risk management, Danamon implements the concept of the Three
Lines of Defense approach by dividing the roles and responsibilities of each working unit, elaborated as below:
Board of Commissioners Supervision
Board of Directors Supervision
First Line of Defense Second Line of Defense Third Line of Defense
Line of business, operational working The Risk Management Directorate and The Internal Audit Working Unit (IAU) have
units and other supporting working units Compliance Working Unit have a role in a role in evaluating the implementation
are responsible to conduct daily risk carrying out risk and compliance monitoring of risk management, internal control and
management in each working unit. functions independently. governance carried out by the First and
Second Lines of Defense.
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2. Adequacy of Risk Management Policies and Danamon has various risk management policies, i.e.,
Procedures, as well as Risk Limit Determination Credit Risk Policy, Operational Risk Management
Policy, Market and Liquidity Risk Management Policy,
Danamon has risk management policies for the Cyber Risk Management Policy, Business Continuity
Bank and consolidated as well as financial Management Policy, and other policies, which have
conglomeration which is using two documents as been developed separately and refer to the Risk
below: Management Policy – Bank and Consolidated.
1. Risk Management Policy – Bank and
Consolidated, which includes the framework and Risk management establishes risk appetite that
implementation of risk management in individual reflects the type and amount of risk that Danamon’s
and consolidated basis for Danamon and its Management is willing to accept in order to achieve
Subsidiary. its strategic and business objectives. The objective
2. Integrated Risk Management Policy of the of establish a risk appetite is not to limit risk-taking,
MUFG Group Financial Conglomeration, which but aims to provide transparency and ensure that
includes the framework and implementation of the risk profile is aligned with its business strategy.
integrated risk management for the Financial Risk appetite shall be in line with Danamon’s strategy
Conglomeration. business growth aspirations, capital and liquidity
position, as well as the operational plans.
Risk Management Policy – Bank and Consolidated
is the main policy for the implementation of risk Danamon and its Subsidiary, both individually
management in Danamon and its Subsidiary, and consolidated, has established risk limits in
and serves as a reference for developing risk accordance with risk appetite, risk tolerance, and
management policies, procedures, and guidelines business strategies. The risk appetite parameters
in each Company according to the prevailing is determined based on the main risks assessed
regulations. However, since the Subsidiary is a for Danamon, which cover credit risk, liquidity
separate entity from Danamon, the implementation risk, operational risk, and cyber risk. Risk limit is
of risk management shall take into account the Laws established at the group and management level,
of Limited Liability Companies and Capital Market, then cascaded to the line of business and its
as well as other related external regulations. Subsidiary.
The referred Integrated Risk Management Policy The policies, procedures, risk limits, and risk
of the MUFG Group Financial Conglomeration is management systems are reviewed periodically
available in the “Implementation of Integrated Risk in accordance with changes in market conditions,
Management” subchapter page 431. products and services, as well as prevailing
regulations.
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The Governance Structure of Risk Management
In the implementation and supervision of effective risk management, the BOD and BOC are assisted by relevant
committees.
The overall Governance Structure of Risk Management is described in the following chart:
BOARD OF
COMMISSIONERS
Nomination &
Risk Oversight Corporate Governance Integrated Corporate
Audit Committee Remuneration
Committee Committee Governance Committee
Committee
BOARD OF DIRECTORS
Information Integrated Risk
Risk Management Credit or Financing Credit or Financing Asset and Liability
Technology Management
Committee Policy Committee Committee Committee
Steering Committee Committee
Sustainability Information Disclosure
Sub-Committee Sub-Committee
The membership, obligations and responsibilities as well as the frequency of meetings in each committee are
outlined in detail in the Corporate Governance section pages 317-340 and 360-371.
3. Adequacy of Risk Management Identification, Measurement, Monitoring and Control Processes and Risk
Management Information Systems
Periodically, Danamon conducts the process of identifying, measuring, monitoring, and controlling all risk
exposures, both individually and consolidated with its Subsidiary. This process is specified under the policies and
guidelines in all working units of Danamon and its Subsidiary.
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The overview of risk management process is as follows:
Risk identification process determine Risk measurement is used to
the scope and scale of phases in Risk measure Danamon’s risk exposure
the risk measurement, monitoring Risk as the basis to perform the control.
and control. Identification is Identification Measurement The measurement approach
conducted by analyzing all types and methodology can be in form
and characteristics of the risks of qualitative, quantitative or a
that contained in every Danamon’s combination of the both. The risk
business activity which also cover measurement is performed regularly
the products and other services. RISK for the product and portfolio as well
as all Danamon’s business activities.
MANAGEMENT
PROCESS
Risk control is carried out, among
others, by providing the follow
up on the moderate and high The risk monitoring activity is
risk which exceed the limits, conducted by evaluating the risk
control improvement (immediate exposure that contained in all
supervisory), capital addition Risk Control Risk Monitoring product portfolios and Danamon’s
to absorb the potential loss and business activities as well as the
periodic internal audit. effectiveness of risk management
process.
In the risk management structure implemented 4. Internal Control System
by Danamon, the Risk Management Directorate
consolidates all Danamon’s risk exposures managed by Implementation of internal control in risk
each risk owner. management includes:
1. Management supervision and culture of risk
Lines of business, supporting working units, and control. The BOD and BOC are responsible
Subsidiary are operational working units (risk taking for improving work ethics and high integrity,
unit) that responsible for end-to-end risk management as well as creating an organizational culture
within the scope of their responsibilities. Prior entering that emphasizes the importance of the internal
a risk-bearing activities, all risks shall be clearly controls that apply in Danamon. To support
identified, measured, monitored, and controlled, as well control process, all policies, standards and
as risk mitigation efforts shall be properly weighed. procedures shall be documented in writing and
made available to relevant employees.
In performing its role as a risk monitoring and controller 2. Risk identification and assessment are conducted
in operational working units, the Risk Management for all types of risks, covering quantitative and
Directorate will evaluate business strategies, policies, qualitative assessments.
and product programs. 3. The control activities that are applied at all
functional levels and involve all employees is
In carrying out risk control and monitoring, Danamon to manage and control risks that may affect
has adequate risk management information system, performance or potentially result in losses. The
including Internal Credit Rating System, Asset & segregation of duties is also implemented in
Liabilty Management (ALM) System, Operational Risk operational activities to prevent anyone in their
Management System (ORMS), etc. These systems respective positions from having the opportunity
are used to detect, at an early stage, potential risks or to commit and conceal errors or deviations in
losses to which Danamon is exposed, in order to enable day-to-day tasks at all levels of organization and
Danamon to take corrective actions to keep the losses operational activities.
at minimum. 4. Having adequate accounting system, information
system, and communication flow that can
produce reports and information needed to
support the BOD and BOC with their respective
duties.
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5. Monitoring of inherent risk shall be prioritized Risk culture and awareness at all organization levels
and serves as part of day-to-day activities shall be established through:
including periodic evaluations, both by the • Communicating on the importance of risk
operational working units (risk taking units) management.
and Quality Assurance (QA) function in each • Communicating on the risk tolerance level and
line of business. Review of the effectiveness the expected risk profile through various limits
of risk management implementation, including and portfolio management.
the adequacy of policies, procedures, and • Empowering employees to prudently manage
management information systems, is conducted the risk in their activities, including preparing
periodically, including conducting internal audits adequate risk mitigation.
on the risk management process and monitoring • Monitoring the effectiveness of risk management
corrective actions on audit findings. implementation in all areas.
In addition, Danamon continues to ensures the RISK MANAGEMENT FOR PARTICULAR AREAS
fulfillment of various key points in the control
process, covering conformity of internal control a. Risk Management for New Products
system and relevant risks, such as: establishment of In accordance with its business plan, Danamon has
authority, monitoring the implementation of policies, formulated a policy that governs the procedures
procedures, and limits; as well as clear organization for product issuance and monitoring. This includes
structure; and the adequacy of procedures for the implementation of risk management for new
regulatory compliance. products in accordance with prevailing regulations.
The implementation of risk management in Danamon New products are prepared and reviewed by
is supported by adequate and competent human relevant parties, including compliance review prior
resources at all levels. Capabilities and skills of its to issuance.
human resources related to risk management were
improved continuously through internal and external Approval authority is differentiated according to
training and having risk management certification in the risk level, whilst still taking into account the
accordance with prevailing regulations. prevailing regulations.
A strong risk management culture is created when Assessment and evaluation of the risk level of
all employees are aware and understanding the risk products, including but not limited to product
exposures that they are facing, as well as carrying performance, customer targets, complexity of its
out adequate risk management processes in their operational processes, including market conditions,
day-to-day activities. In this context, Danamon is as well as other risks that affecting Danamon.
committed to establishing a combination of unique
values, i.e., trust, implementation, and Management For Sharia Products, shall obtain review and approval
supervision, to ensure that all organizational levels from the DPS.
in Danamon conduct their business and operational
activities in a prudent manner and based on best b. Risk Management of Sharia Business Unit
practices. The implementation of risk management for
Sharia Business Unit is carried out based on
Risk culture is determined through: Financial Service Authority Regulation (POJK)
• Oversee and supervision from the BOC and the No. 65/POJK.03/2016, Circular Letter of Financial
BOD of Danamon and its Subsidiary. Service Authority (SEOJK) No. 25/SEOJK.03/2023
• Introduction of risk management as an integral concerning Implementation of Risk Management for
part of business practices. Sharia Banks and Sharia Business Units, and POJK
• Compliance with all prevailing policies, No. 2 of 2024 concerning Implementation of Sharia
procedures, laws, and regulations as well as Good Corporate Governance for Sharia Banks and
fulfillment of the sharia principle (for the sharia Sharia Business Units. In terms of policy, Danamon
business unit). has a Risk Management Policy — Bank and
Consolidated, which serves as the main framework
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and basic principles for managing the risks that EVALUATION ON THE EFFECTIVENESS OF
are subject to followed by all lines of business and RISK MANAGEMENT SYSTEM
Subsidiary, including the Sharia Business Unit. In
addition, the Sharia Business Unit is also guided by In order to carry out an evaluation on the effectiveness
the Sharia principles in banking practices based on of risk management, the BOC and the BOD actively
fatwas issued by the authorized institution. supervise the implementation of risk management
through various committees under BOC and BOD.
Risk measurement is carried out using a
methodology that conform with the characteristics These committees hold regular meetings in order
of the Sharia Business Unit, through measurement to monitor and provide continuous evaluations for
of risk profile levels, which evaluated in quarterly all measures that have been implemented in risk
basis. management, discuss risk-related issues and provide
recommendations to the BOD & BOC, depending on
In terms of risk management that is related to the their respective scopes of responsibilities.
fulfillment of sharia principles, the DPS provides
opinions on the policies, procedures, systems, and In addition, Danamon conducts periodic evaluations
products related to the fulfillment of sharia principles for risk assessment methodologies, the adequacy
and applied contracts. The implementation of risk of system implementation, management information
management process and system in the Sharia systems, policies, procedures, and limits in accordance
Business Unit follows Danamon’s policies and with prevailing regulations, business development, and
complies with Sharia Banking rules. The Director in conditions of Danamon’s operational activities. As a
charge of the Sharia Business Unit is also a member result of the review processes, Danamon subsequently
of the Risk Management Committee. held Portfolio Meetings to evaluate the portfolios risk
condition of Danamon and its Subsidiary in regular
c. Risk Management of Subsidiary basis.
Danamon implements a consolidated risk
management process with its Subsidiary RISK PROFILE
by considering the difference in business
characteristics of Danamon and its Subsidiary. This Risk profile assessment covers the assessment of
is performed through an assistance-and-alignment inherent risk and the quality of risk management
process of risk management practices in terms of implementation that reflects the risk control system,
risk governance, risk management policies and either individually, consolidated, sharia, or integrated.
procedures, risk measurement methodology, risk The assessments of individual, consolidated, and sharia
management reporting, and enhancement of a risk risk profiles are conducted on 10 (ten) risks, i.e., Credit
awareness culture. Risk, Market Risk, Liquidity Risk, Operational Risk, Legal
Risk, Strategy Risk, Compliance Risk, Reputation Risk,
This consolidation process is in accordance Rate of Return Risk, and Investment Risk. For Integrated
with POJK No. 38/POJK.03/2017 concerning Risk Management, the managed risks also include Intra-
Implementation of Consolidated Risk Management Group Transaction Risk, but exclude Rate of Return Risk
for Banks that have control over the Subsidiary. and Investment Risk.
Referring to this regulation, Danamon as the Parent
Company will continue to improve the consolidated The risk profile assessment is carried out based on
risk management processes with its Subsidiary. regulatory requirements, taking into account Danamon
business strategy and macroeconomic conditions. The
composite rating of Danamon’s individual, consolidated,
sharia, and integrated risk profile based on self-
assessment results in 2024 was at level 2 (Low to
Moderate).
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FOCUS AND ACTIVITIES OF RISK Service Institutions, Issuers, and Public Companies.
MANAGEMENT IN 2024 • Continue the Pilot Project of Green Taxonomy
Indonesia (THI), starting Taxonomy for Indonesia
In accordance with its 2024 business plan, Danamon Sustainability Finance (TKBI) and its reporting.
this year continued its previous year’s programs and ran • Update on Sustainability Guideline related to credit.
some brand new programs, as elaborated below:
Credit
Risk Management in General • Monitor Internal Rating Model results for Corporate,
In order to support and improve the implementation of Commercial, Financial Institution, and Financing
risk management in prudent, effective, and integrity, Company.
the following are the supporting activities carried out by • Implement Early Warning Indicator for all line of
Danamon during 2024: business.
• Implementation of individual and consolidated risk • Implement Behaviour Scorecard for Small Medium
management in Danamon and its Subsidiary. Enterprise (SME) and Consumer (KPR, KMG, Credit
• Improvement of the risk profile report in accordance Card, Personal Loan) to support credit process.
with regulatory requirements. • Implement the allowance for impairment losses
• Update on Risk Management Policy – Bank, (CKPN) of PSAK 109 or IFRS 9 models for Corporate,
Consolidated and Integrated. Commercial, Financial Institution, Financing
• Conduct a cyber table-top exercise as a scenario- Company, SME, Consumption, and Investment
based cyber test targeted for top Management level. Loan, in accordance with OJK regulation.
• Perform Assessment of Bank’s Digital Maturity as an • Implement Credit Model Framework.
implementation of SEOJK No.24/SEOJK.03/2023. • Conduct periodic review on all bankwide and line
• Update Legal Lending Limit (LLL) and Large of business credit related policies and procedures
Exposure Guideline. in accordance with regulator’s policy, group policy
• Update Recovery Plan in accordance with POJK that is suitable with condition in Indonesia, latest
No.5 of 2024. business development and Danamon risk appetite.
• Update the Recovery Plan Policy in accordance with • Implement the Credit/Financing Policy Committee
POJK No. 5 of 2024. meeting (including renewal of the committee charter)
• Roll out Risk Academy on an ongoing basis as a and develop the Credit/Financing Committee Charter
means of risk-management learning for all Danamon in accordance with Regulator’s policy.
employees through online/virtual training and • Implement the Memo regarding Implementation
various kinds of e-learning modules related to risk of Disaster POJK and its amendments as follow-
management. up actions to POJK No.19 of 2022 and Decision
• Implementation of Internal Capital Adequacy of the OJK Board of Commissioners (KDK OJK)
Assessment Process (ICAAP), which has been No. 34/KDK.03/2022 governing special treatment
conducted continuously by Danamon. for debtors impacted by disaster as determined
• Conduct bankwide stress tests at least once a year. by OJK, including the impact of COVID-19.
• Participate in the Joint Stress Test exercise using Furthermore, review implementation memos in each
templates and macroeconomy scenarios provided line of business and monitor the performance of
by the OJK and BI. the restructured credit portfolio and its adequacy of
• Conduct Risk Culture programs that focus on the provisioning. The implementation of this memo had
implementation of the Three Lines of Defense been ongoing until the 31 March 2024 in accordance
campaign. with the regulation.
• Review Risk Appetite Statement (RAS) and cascade • Conduct regular reviews of industry classifications
it down to the line of business and Subsidiary. based on the risk level (high risk restricted, high
• Implementation of programs stated in the Sustainable risk, medium risk, and low risk), as well as determine
Finance Action Plan. industry risk appetite to ensure the industry growth
• Development and submission of Sustainable Finance is aligned with the determined threshold.
Action Plan for the period of 2025-2029 in order • Stipulate and update the authority for credit approval
to fulfill POJK No. 51/POJK.03/2017 regarding the in the Head Office (HO) for each line of business
Implementation of Sustainable Finance for Financial (LOB) to adjust with Danamon needs.
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• Expand credit risk appetite with close monitoring on • Implementation of RCSA in line of business using
potential credit risk and its mitigation. GRC concept integrated within Risk Taking Unit
• Review new initiative programs in the Digital segment, (RTU), ORM, Compliance and Internal Audit Working
Consumer segment, and MUFG Collaboration in Unit (IAU).
order to keep in line with regulations and Danamon’s • Build awareness towards Operational Risk
risk appetite. Management through ORM e-Learning version
• Regularly review product programs which update, risk awareness video, email blasts,
includes portfolios, criteria, restrictions, and other socialization of ORM framework & tools to working
requirements, as well as support product programs units.
which build sound and sustainable credit portfolio. • Conduct training to improve skill and knowledge of
• Perform back-testing periodically to assess the Firstline Operational Risk (FOR) & Quality Assurance
adequacy of credit provisioning. If necessary, (QA) such as Data Analytic, Focus Group Discussion
addition of credit provision will be done based on Test of Design (FGD TOD), Assessment Technique,
the back-testing results. etc.
• Credit process is well implemented in accordance • Conduct workshop FOR & QA LOB.
with the prevailing regulation, risk appetite and • Enhance QA methodology and supporting system
internal policies in Danamon. as well as improving QA Policy and optimized data
• Credit Quality Assurance (CQA) has reviewed credit analytic usage method.
decisions result to ensure the process and credit • Enhance collaboration between 2nd line and 3rd line
analysis are in accordance with current regulations. of defense by making coordination meeting with
In addition, CQA conducts periodic validation of the ORM, Compliance and Internal Audit Working Unit
internal credit rating model to ensure the feasibility (IAU).
of the model under current conditions. • Anti-Fraud Management:
• Alternative Credit Scoring assessment to support - Initiating the Anti-Fraud Working Team as a
the credit process in the Consumer segment. forum for communication and collaboration to
• Implementation of rule-based engine in SME and handle fraud with related units in Danamon.
Consumer Loan Origination System to support the - Socialization on anti-fraud tone at the top
business in early customer pre-selection process by President Director and Risk Management
and provide guidelines in making credit decision to Director regarding Zero Tolerance to Fraud.
Underwriting team. - Socialization of anti-fraud tone at the top by
• Periodically report to Management regarding the Danamon’s Management represented by Vice
credit portfolio achievement and quality for each line President Director and Risk Management
of business. Director on Achieving Targets the Right Way.
• Updating the Risk Based Pricing as an additional - Delivering the Anti-Fraud Strategy presentation
reference in the process of applying for loan facilities to Risk Management Committee (RMC) dan Risk
for Corporate, Commercial, Mid-Market, Financial Oversight Committee (ROC) members.
Institution business lines. - Starting to enhance Predator Transaction Fraud
Detection System equipped with Machine
Operational, Fraud & QA Learning. And starting to enhance Instinct
• Strengthening the oversight of functions and Application Fraud Detection System.
coordination roles of operational risk manager in line - Intensifying the socialization on deterrence effect
of business, support functions, and Subsidiary. in the form of conveying the faces of fraudsters
• Refine Operational Risk Management (ORM) tool who have been permanently sentenced via email
framework & methodologies with GRC (Governance, to internal parties.
Risk & Compliance) concept such as the Risk Control - Starting to socialize Fraud Red Flag through
Self-Assessment (RCSA) methodology, Risk Events, email as part of prevention and detection.
and recording operational risk losses. - Actively participate in the Indonesia Anti Scam
• Refine the ORMS process and application adopting Center (IASC) initiative initiated by the OJK.
GRC concept to improve the effectiveness in - Participate in the BI Fast Proactive Risk Manager
operational risk management comprehensively (PRM) initiative initiated by BI.
and integrated within 3 Lines of Defense (LoD) at - Sharing on fraud handling strategies among
Danamon and Subsidiary. MUFG group members.
- Conduct Fraud Fighter training through online
and face-to-face/class.
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Information Technology and Cyber creation, storage, use, and dissemination of
• Manage and enhance the Cyber Risk Management information. This is achieved through the utilization
Policy to serve as a bankwide guideline for managing of e-learning media, classroom training, email blasts,
Information Technology (IT) and cyber risks across and sharing sessions.
the 1st, 2nd, and 3rd LoD. • Conduct simulation on cybersecurity testing, based
• Develop a framework for Technology Risk on scenarios with the objective of early identification
Management to manage IT risks. of potential cyber risks and the formulation of
• Update and maintain the Cyber Incident Response mitigation strategies to proactively reduce the level
Playbook document, which regulates coordination of risk.
and communication in the event of a cyber incident,
to serve as the primary guideline for all employees Market and Liquidity
when a cyber incident occurs, starting from • Update Danamon Market and Liquidity Risks limit
the communication stage, impact and risk level structures and policies.
assessment, resolution, and reporting. • Validation of the market and liquidity risk
• Establish Risk Appetite and Risk Tolerance measurement methodologies, including those for
parameters related to IT and Cyber risks as part of supporting new Treasury products.
Danamon strategy for managing cybersecurity risks • ALM system enhancement to ensure the ALM system
in accordance with POJK No. 11/POJK.03/2022 can calculate risks accurately and following best
concerning Information Technology Implementation. practice developments as well as fulfill regulatory
• Establish bankwide Key Risk Indicator (KRI) requirements.
parameters and thresholds as IT risk indicators that • Carry out supervisory management and risk analysis
must be concern for Danamon to manage IT and related to market and liquidity risk of Danamon.
cyber risk. • Participate in the preparation and calculation of
• Conduct assessments and oversight of IT-based Climate Change Stress Tests related to Market Risk.
service activities, including Risk Events, Self Raise, • Participate in the preparation and calculation of Joint
Risk Acceptance which pose potential risks to Stress Tests related to Market Risk and Liquidity
Danamon, which conduct follow-up actions, such Risk.
as analysis and further discussions with IT working • Develop the Consolidated Risk Heat Map related to
units to comprehend the events and the planned Market and Liquidity Risk.
corrective actions based on escalation of incidents • Participate in the Treasury System and running
recorded in the ORMS database. switch over treasury system testing.
• Perform supervisory management and risk analysis • Participate in the Fund Transfer Pricing (FTP)
pertaining to the utilization of technology for System replacement project for Core Non-Core,
initiatives associated with new services or products/ Time Deposit Stickiness, Liquidity Premium (LP)
IT projects/ad-hoc requests, which include Incentive, LP Charge and Mortgage duration.
Requirement Document (RD), Operational Risk Pre • Carry out Business Contingency Plan (BCP) tests
Assessment (ORPA), Product Program (PP), and/ to ensure Business as Usual (BAU) activities run
or other documents related to IT risk management smoothly in conditions where there are obstacles in
to support line of business and other operations/ the main work area that make them inaccessible.
support functions within Danamon. • Implementing the use of 8 years historical data for
• Monitor the Email Data Loss Prevention (Email Core Non-Core calculations for Danamon’s FTP.
DLP) implementation to detect and prevent the • Review the assumptions used for calculating
unauthorized transmission of sensitive information Danamon’s market risk and liquidity.
through email communications. • Conduct regular updates on policies, methodologies
• Update the framework and procedures governing and procedures related to Market Risk and Liquidity
the risk assessment process for third parties Risk.
managing Danamon’s confidential information, and • Conduct Risk Level Assessments for new products
conduct information security risk assessments for or development of Danamon’s basic products or
third parties handling Danamon confidential data. services, in terms of Market Risk and Liquidity.
• Foster a culture of risk awareness to enhance
understanding among all Danamon’s employees
regarding potential risks associated with the
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IMPLEMENTATION OF INTEGRATED RISK MANAGEMENT
The MUFG Group Financial Conglomeration consists of Danamon as the Main Entity, with Subsidiary and Sister
Companies as members. The following table describes the structure of the MUFG Group Financial Conglomeration:
Structure Entity’s Name Relationship to Danamon
Main Entity PT Bank Danamon Indonesia Tbk (“Danamon”)
Member Entity PT Adira Dinamika Multi Finance, Tbk. (“ADMF”) Subsidiary (vertical relationship)
Member Entity MUFG Bank, Ltd. Jakarta Branch (“MUFG Jakarta”) Sister Company (horizontal relationship)
Member Entity PT Home Credit Indonesia Tbk (“HCID”) Sister Company (horizontal relationship)
Danamon has an Integrated Risk Management Policy of the MUFG Group Financial Conglomeration, which is the
main policy in the implementation of integrated risk management as regulated by OJK regulation. The policy review
was conducted in 2024.
Integrated Risk Management Committee
For the Financial Conglomeration, Danamon, as the Main Entity, has formed an Integrated Risk Management
Committee. Detailed related to the Integrated Risk Management Committee is explained in the Governance section
page 368.
Integrated Risk Management
In the implementation of integrated risk management, adjustments have been made to the Risk Management
Directorate by adding an integrated risk management function to ensure the process of integrated risk identification,
measurement, monitoring, and control processes can be performed and reported in accordance with the risk
management framework and regulatory policies.
In the implementation of integrated risk management, the MUFG Group Financial Conglomeration has performed the
following:
1. Review the Integrated Risk Management Policy.
2. Prepare and submit the Integrated Risk Profile Report.
3. Conduct coordination, communication, and socialization with Subsidiary and Sister Companies in Financial
Conglomeration periodically.
4. Conduct Integrated Risk Management Committee in 2024. Detailed information of Committee meeting agenda is
available in the Governance section page 369.
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INTRA-GROUP TRANSACTION RISK Periodically, the Finance and Risk Management Unit
monitors intra-group transaction risks to ensure
In addition to the 8 (eight) types of risk stated in the conformity to the agreed limits and the principle of
previous chapter (excluding investment risk and rate of arm’s length transactions. Control through policies
return risk), Danamon has 1 more risk to manage with and limit setting is adjusted by considering Danamon’s
regards to its integrated risk management referred to as risk appetite. The process of reporting intra-group
Intra-Group Transaction Risk. transactions is supported by an adequate management
information system and further submitted to the BOD
Intra-group Transaction Risk is the risk due to the and BOC along with all the follow-up actions to take
dependence of an entity, either directly or indirectly, on through risk profiles.
other entities within a Financial Conglomeration to fulfill
a contractual obligation of either written or unwritten RECOVERY PLAN AND RESOLUTION PLAN
agreements with or without subsequent transfer of
funds. RECOVERY PLAN
1) Organization and Policy of Intra-group Transaction Danamon has conducted review of the Recovery Plan in
Risk Management 2024 in compliance with POJK No. 5 of 2024.
Danamon, as the Main Entity and its subsidiary
and Sister Companies as members of the Financial Review of the Recovery Plan covers the following:
Conglomeration, manage Intra-group Transaction
Risk. Implementation of Intra-group Transaction 1) Overview of the Bank
Risk Management is s conducted with consideration Danamon has conducted an assessment of its lines
of transaction activities between entities within the of business, Subsidiary, and office networks. In
Financial Conglomeration. addition, Danamon has also conducted a thorough
scenario analysis to assess Danamon’s resilience
Danamon, as the Main Entity, governs the and potential vulnerability to several indicators
implementation of intra-group transaction risk determined by the OJK (i.e. capital, liquidity, asset
management in the Intra-group Transaction Policy, quality and profitability). The outcome of the
which is periodically reviewed and developed based scenario analysis indicates that Danamon has a
on the prevailing regulation. resilient capital position, which is unlikely to threaten
the going concern of Danamon.
2) Intra-group Transaction Risk Management
Danamon, its Subsidiaries, and Sister Companies 2) Recovery Option
as members of the Financial Conglomeration, Danamon has identified various Recovery Options
implement Intra-Group Transaction Risk under each phase and assessed these options
Management through the process of identifying, in terms of feasibility, credibility, implementation
measuring, monitoring, and controlling risks as timeframe, and effectiveness. These recovery
well as the management information system. options cover key financial indicators of Danamon,
namely capital, liquidity, asset quality, and
Danamon, its Subsidiaries, and Sister Companies profitability, and will form the basis of Danamon’s
conduct monitoring and controlling the intra-group Recovery Plan and strategy under stressed
transactions to ensure the intra-group transactions conditions.
are properly documented and conducted in
accordance with the arm’s length principles and in
compliance with prevailing regulations. The intra-
group transactions between entities in the Financial
Conglomeration are monitored periodically.
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3) Disclosure of Recovery Plan In China, despite low inflation and stimulus measures,
Due to the highly confidential nature of certain the country’s economic growth has been slower
sections of the recovery plan (e.g., detailed than expected, which will affects Indonesia’s export
recovery options and strategies), the disclosure of performance and global commodity prices. Furthermore,
the Recovery Plan is only on a need-to-know basis high inflation in Japan affects Central Bank of Japan to
only, where different levels of disclosures apply to raise the benchmark interest rate. The IMF’s projections
different parties. Danamon discloses its Recovery show that global economic recovery will slow with a
Plan to internal and external parties in accordance global economic growth of only 3.2% in 2024 and 2025.
with prevailing regulations. In Indonesia, economic growth expects a stable around
5.1% in 2025, driven by domestic demand and exports,
RESOLUTION PLAN despite external challenges are quite significant.
In 2022, Danamon has submitted its initial Resolution The following are several challenges for Indonesia’s
Plan document to the Deposit Insurance Agency (LPS) economy in 2025:
as the resolution authority in Indonesia. The preparation
of Resolution Plans for Systemic and Non-Systemic • Delayed Interest Rate Cuts
Banks is regulated in LPS Regulation No. 1 of 2021 Interest rate cuts in the U.S. are expected to be
concerning Resolution Plans for Commercial Banks. delayed longer than anticipated, given the slower-
than-expected decline in U.S inflation. As a result,
The Resolution Plan is a document that contains interest rates are tend to remain high for an extended
information regarding Bank and its resolution strategies, period, leading to tight liquidity in the global market.
which will serve as one of the considerations for LPS This condition will impact Indonesia’s monetary
in handling or resolving a Bank that is designated as a policy which could potentially limit the domestic
Resolution Bank. economic growth.
RISK MANAGEMENT ACTIVITY PLAN • Slowdown in Global Economic Recovery
FOR 2025 The slowdown in the global economy, particularly
in China, is impacting the demand for Indonesia’s
In 2025, the global economy is expected to continue exports. Trade tensions and higher tariff policies
facing significant uncertainty. One influencing factor may hinder Indonesia’s economic growth, which
will be the monetary policy in the United States (U.S.). had been previously expected to remain stable.
The Federal Reserve (The Fed) reduced its benchmark
interest rate in 2024 but kept the long-term interest • Strengthening of the U.S. Dollar and Its Impact on
rates in U.S increase, align with expected policy after Monetary Policy
U.S Presidential Election. This poses a risk of capital The strengthening of the U.S. dollar (USD) could
outflow from emerging markets, which can narrow place extra pressure on Indonesia’s monetary
the space for global monetary policy. Additionally, policy, which may have to keep high interest rates
higher tariff policies in the U.S. will potentially increase to avoid greater capital outflow. This could hinder
domestic inflation, that effects on Indonesia’s economy. domestic consumption and investment.
On other hand, altough there is pressure on the Rupiah • Inflation and U.S. Tariff Policies
exchange rate, Indonesia is expected to mitigate short- Aggressive tariff policies following the election of
term volatility due to exchange liquidity improves. BI U.S. President Donald Trump could worsen global
also has room to consider interest rate cuts, although and domestic inflation. Rising import costs will
markets remained uncertain whether the Fed can reduce the purchasing power of the Indonesian
sustain interest rate cuts in the long run in 2025, given public and lower the economic outlook.
the impact of the U.S. Presidential Election on global
trade tensions.
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• Domestic Political Uncertainty 2) Credit Risk Management
Political uncertainty after the 2024 Presidential a. Reviewing the credit policies periodically.
Election and PILKADA might has the potential to b. Conducting overall monitoring on the credit
disrupt Indonesia’s economic stability, which could portfolios of all Danamon’s lines of business and
impact foreign investment and reduce domestic its Subsidiary regularly, comparing the actual
economic activity. performance against targets, and periodically
reporting the portfolio performance to the
• Export Performance and Global Commodity Price Management.
The global economic slowdown and falling c. Ensuring the adequacy of provisioning in
commodity prices could undermine the economic accordance with prevailing regulation.
growth projections for Indonesia, given the country’s d. Monitoring the Credit Risk Internal Rating Model
still heavy reliance on exports and commodity and scorecard system for all line of business
sectors. periodically.
e. Utilizing the standardized approach for Credit
In anticipation of those external conditions, Danamon RWA calculations.
has and will carry out various initiatives in terms of f. Performing rating/scorecard model evaluation
risk management in 2025, including: periodically.
g. Performing quarterly back-testing for CKPN
1) Risk Management in General adequacy for all line of business.
a. Improving risk monitoring and control functions h. Periodically monitoring and reviewing the CKPN
in the implementation of individual, consolidated, of PSAK 109/IFRS 9 calculations.
and integrated risk management. i. Monitoring the Internal Ratings on the Corporate,
b. Conducting comprehensive review of the Commercial, FI and Finco rating systems.
individual, consolidated, and integrated risk j. Preparing credit scoring alternatives to support
monitoring and measurement process. healthy and optimal credit growth in the
c. Implement prudent and conservative approach Consumer segment.
in developing Danamon’s business at the
acceptable level. 3) Operational Risk and Fraud Management
d. Developing and conducting internal programs to a. The implementation of ORM cycles has been and
build and increase awareness of the importance will will continue to be carried out consistently,
of risk culture in Danamon. including the identification, measurement,
e. Carrying out activities related to Sustainable monitoring, and control of operational risks in
Finance as stated in the Sustainable Finance Danamon and its Subsidiary.
Action Plan that has been submitted to the OJK. b. The implementation of anti-fraud strategies will
f. Implementing the ICAAP framework. be continuously improved and adjusted to the
g. Conducting Bankwide Stress Testing at least latest developments and fraud trends, including
once a year and more frequently should there the application of systems and technology as
are changes in the industrial and economic support for detection pillars and reporting and
sectors and requests from the regulator, such as sanctions pillars, covering credit and non-credit
Climate Risk Stress Test and stress tests related cases.
to portfolios categorized as impacted by disaster c. Fraud detection system (Instinct and Predator
(if any) to measure the resiliency of Danamon System) improvement through parameter fine-
capital. tuning.
h. Performing regular monitoring and reviews d. The risk identification process conducted
of the Risk Appetite Statement threshold and through the implementation of risk identification
Danamon’s Recovery Plan triggers. and risk assessment on existing products,
processes and systems, as well as new systems,
to determine the inherent risks and the mitigation
actions required.
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e. Capturing risk/loss event data and its contributing 4) Market and Liquidity Risk Management
factors, carried out in a centralized database, a. Conducting stress testing related to ICAAP, Joint
conducting RCSA activities periodically, reporting Stress Test, as well as other stress tests that are
related risks, and monitoring operational risks performed periodically or add-hoc to ensure that
through the KRI. Danamon has the capacity to survive in the event
f. The development of the ORMS application of a liquidity and market stress conditions.
phase 2 to ensure the effectiveness of ORM b. Preparing for the implementation of Climate Risk
cycle implementation integrated in all units of Stress Testing for Market and Liquidity Risk in
Danamon and its Subsidiary. compliance with the OJK guidelines.
g. Insurance (i.e.: BBB/Bankers Blanket Bonds, c. Continuing to participate in the development
money insurance) as one of the most important of necessary infrastructure to support new
forms of operational risk mitigation, has been Treasury products and activities, as well as the
coordinated by the insurance coordinator within implementation of a new Treasury System.
ORM Fraud & QA Division. d. Performing ALM system upgrade to the newest
h. ORM workshops and socialization to the RTU version to support Danamon business growth
and training (Risk School and E-Learning) for and provide added value to Management in
new employees are continuously implemented decision making.
to ensure continuity and uniformity in the e. Maintaining continuous enhancement, regular
awareness level of operational risk and risk reviews, also validation of market and liquidity
culture recognition in Danamon. risk measurement methodologies.
i. The development of systems and processes f. Preparing Fundamental Review of the Trading
in conducting cyber risk assessment through Book (FRTB) and Credit Valuation Adjustment
application modelling, so that Danamon able to (CVA) automation implementation calculation
anticipate to close the potential vulnerability from using the new Treasury system.
the early stage of the application development g. Making regular updates on policies,
cycle. methodologies and procedures related to Market
j. Developing and implementing procedures and Risk and Liquidity Risk.
guidelines to respond to cybersecurity incidents. h. Preparing Internal Liquidity Adequacy
k. Updating the Business Continuity Management Assessment Process (ILAAP) calculation through
(BCM) policy according to the latest conditions. ALM system upgrade.
l. Increasing operational risk awareness campaign
by periodically sending email blasts and self-
raise issue campaign to ensure Danamon
employees proactively identify risks and conduct
necessary corrective actions before operational
risk incident occurs.
m. Holding sharing sessions through webinars,
the Risk Academy, and online training for all
Danamon employees to increase the awareness
of information security and the risks related to
the use of technology in general.
n. Continuing the information security risk
assessment initiative for vendors/third parties
who process Danamon sensitive data classified
as confidential/strictly confidential.
o. Further developing the initiative related to the
risk and control library that focuses on specific
controls applied to specific risks (application/
transaction control level).
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IMPLEMENTATION OF BASEL III In addition to LCR, Basel also introduced an additional
ratio, the Net Stable Funding Ratio (NSFR), as a
Regulators have issued several regulations related to the complement to liquidity risk management, as well as
Capital Adequacy Ratio to support the implementation a leverage ratio as a complement to capital ratios. The
of Basel III in Indonesia. introduction of a leverage ratio is the backstop of the
capital ratio, according to the risk profile, to prevent the
There are 3 (three) additional capital buffers that shall occurrence of a deleveraging process that can damage
be provided by Danamon as follows: the financial system and economy.
• Capital Conservation Buffer The implementation of the NSFR is based on POJK No.
Danamon is required to establish a capital buffer in 50/POJK.03/2017 concerning Obligation of NSFR for
the form of a Capital Conservation Buffer of 2.5% of Commercial Banks issued in July 2017. Implementation
RWA. of the POJK was effective as of January 2018, with
a minimum ratio of 100%. The aspects of the NSFR
• Countercyclical Buffer related to calculation, implementation period, reporting,
Currently, the countercyclical buffer for Danamon is publication, and others refer to the above POJK.
still set at 0%.
As part of the Basel III implementation framework,
• Capital Surcharge for Systemic Bank Danamon has implemented the management of interest
Based on an OJK letter to Danamon dated 9 October rate risk in the Banking Book as regulated by SEOJK
2024, Danamon was designated as a Systemic No. 12/SEOJK.03/2018 pertaining to the Implementation
Bank classified in group (bucket) 1; therefore, of Risk Management and Measurement based on
Danamon is required to establish a Capital Surcharge Standardized Approach for Interest Rate Risk in the
of 1% of RWA. Banking Book for Commercial Banks.
In terms of Banking liquidity management, the
implementation of Liquidity Coverage Ratio is based
on POJK No. 42/POJK.03/2015 concerning Liquidity
Coverage Ratio (LCR) for Commercial Banks issued
in December 2015, and POJK No. 37/POJK.03/2019
concerning Transparency and Publication of Bank
Reports issued in December 2019, where the
implementation is in compliance with the Basel III
liquidity framework.
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DISCLOSURE OF RISK AND CAPITAL EXPOSURE
Disclosure of information below as of 31 December 2024 is based on SEOJK No. 9/SEOJK.03/2020 related to
the Transparency and Publication Report for Conventional Bank; SEOJK No. 24/SEOJK.03/2021 related to the
Calculation of Risk-Weighted Assets (RWA) Credit Risk using the Standardized Approach for Commercial Banks and
SEOJK No. 16/SEOJK.03/2023 regarding Capital Calculation for Bank Exposure to Central Counterparty Institutions.
GENERAL RISK
TABLE 1. KEY METRICS (KM 1) - BANK ONLY
No. Description
Available Capital
1. Common Equity Tier 1 (CET1)
2. Tier 1 Capital
3. Total Capital
Risk Weighted Assets
4. Total Risk Weighted Assets (RWA)
Risk Based Capital Ratios as a percentage of RWA
5. CET1 Ratio (%)
6. Tier 1 Ratio (%)
7. Total Capital Ratio (%)
Additional CET1 buffer requirements as a percentage of RWA
8. Capital Conservation Buffer (2.5% of RWA) (%)
9. Countercyclical Buffer (0 - 2.5% of RWA) (%)
10. Capital Surcharge for Systemic Bank (1% - 3.5%) (%)
11. Total CET1 as buffer requirements (row 8 + row 9 + row 10)
12. CET1 component for buffer
Basel III Leverage Ratio
13. Total Exposure
14. Leverage ratio, including the impact of any applicable temporary exemption of central bank reserves (%)
14b. Leverage ratio, excluding the impact of any applicable temporary exemption of central bank reserves (%)
14c. Leverage Ratio, including the impact of any applicable temporary exemption of central bank reserves, which includes the average value
of the carrying value of Securities Financing Transactions (SFT) on a gross basis (%).
14d. Leverage Ratio, Excluding the impact of any applicable temporary exemption of central bank reserves, which includes the average value
of the carrying value of Securities Financing Transactions (SFT) on a gross basis (%).
Liquidity Coverage Ratio (LCR)
15. Total High-Quality Liquid Assets (HQLA)
16. Total Net Cash Outflow
17. LCR ratio (%)
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(in million Rupiah)
31-DEC-24 31-SEP-24 30-JUN-24 31-MAR-24 31-DEC-23
36,117,873 35,664,604 34,579,975 34,374,081 34,156,702
36,117,873 35,664,604 34,579,975 34,374,081 34,156,702
37,858,217 37,362,971 36,240,703 36,023,034 35,753,045
155,021,144 153,203,473 148,659,339 146,555,480 141,109,736
23.30% 23.28% 23.26% 23.45% 24.21%
23.30% 23.28% 23.26% 23.45% 24.21%
24.42% 24.39% 24.38% 24.58% 25.34%
2.50% 2.50% 2.50% 2.50% 2.50%
0.00% 0.00% 0.00% 0.00% 0.00%
1.00% 1.00% 1.00% 1.00% 1.00%
3.50% 3.50% 3.50% 3.50% 3.50%
15.42% 15.39% 15.38% 15.58% 16.34%
227,936,242 223,688,648 212,848,079 209,653,853 205,574,011
15.85% 15.94% 16.25% 16.40% 16.62%
15.85% 15.94% 16.25% 16.40% 16.62%
16.09% 16.10% 16.19% 16.35% 16.58%
16.09% 16.10% 16.19% 16.35% 16.58%
36,609,930 41,091,434 40,061,251 38,400,891 34,458,528
28,877,999 29,161,228 28,418,169 27,879,434 26,328,877
137.16% 140.91% 140.97% 137.74% 130.88%
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No. Description
Net Stable Funding Ratio (NSFR)
18. Total Available Stable Funding
19. Total Required Stable Funding
20. NSFR ratio (%)
Qualitative Analysis
CAR:
Capital Adequacy Ratio (CAR) of Danamon individually in December 2024 was 24.42%, above minimum requirements as stipulated in POJK No.11/
POJK.03/2016 and revised through OJK Regulation No.27 Tahun 2022 dated December 7, 2022, which is 9.0%, with additional fulfillment of capital
surcharge for systemic Bank of 1.0% and capital conservation buffer of 2.5%.
Leverage Ratio:
The leverage ratio of Danamon individually in December 2024 was 16.09%, above minimum requirement as stipulated in POJK No. 31/POJK.03/2019,
which is 3.0%.
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(in million Rupiah)
31-DEC-24 31-SEP-24 30-JUN-24 31-MAR-24 31-DEC-23
152,700,638 149,809,045 145,143,627 143,437,281 142,030,357
123,634,772 121,825,528 118,966,141 116,755,593 114,915,994
123.51% 122.97% 122.00% 122.85% 123.59%
LCR:
The average Liquidity Coverage Ratio (LCR) of Danamon individually in December 2024 was 137.16%. This ratio was still above the minimum ratio
value as stipulated in POJK No. 42/POJK.03/2015 and revised through OJK Regulation number 48/POJK.03/2020, which is 100%. The composition
of High-Quality Liquid Assets (HQLA) owned by Danamon was still dominated by Placements with Bank Indonesia (BI), as well as Securities issued
by the Central Government and BI.
NSFR:
The NSFR of Danamon individually in December 2024 was 123.51%,, above the OJK minimum requirement of 100%. Total Available Stable Fund
(ASF) of Danamon individually in December 2024 was IDR152.70 trillion (weighted value) with the largest component coming from Deposits from
individual and micro customers amounting to IDR62.45 trillion (weighted value) and Capital of IDR50.87 trillion (weighted value).
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TABLE 1. KEY METRICS (KM 1) - BANK AS CONSOLIDATED WITH SUBSIDIARY
No. Description
Available Capital
1. Common Equity Tier 1 (CET1)
2. Tier 1 Capital
3. Total Capital
Risk Weighted Assets
4. Total Risk Weighted Assets (RWA)
Risk Based Capital Ratios as a percentage of RWA
5. CET1 Ratio (%)
6. Tier 1 Ratio (%)
7. Total Capital Ratio (%)
Additional CET1 buffer requirements as a percentage of RWA
8. Capital Conservation Buffer (2.5% of RWA) (%)
9. Countercyclical Buffer (0 - 2.5% of RWA) (%)
10. Capital Surcharge for Systemic Bank (1% - 3.5%) (%)
11. Total CET1 as buffer requirements (row 8 + row 9 + row 10)
12. CET1 component for buffer
Basel III Leverage Ratio
13. Total Exposure
14. Leverage ratio, including the impact of any applicable temporary exemption of central bank reserves (%)
14b. Leverage ratio, excluding the impact of any applicable temporary exemption of central bank reserves (%)
14c. Leverage Ratio, including the impact of any applicable temporary exemption of central bank reserves, which includes the average value
of the carrying value of Securities Financing Transactions (SFT) on a gross basis (%).
14d. Leverage Ratio, Excluding the impact of any applicable temporary exemption of central bank reserves, which includes the average value
of the carrying value of Securities Financing Transactions (SFT) on a gross basis (%).
Liquidity Coverage Ratio (LCR)
15. Total High-Quality Liquid Assets (HQLA)
16. Total Net Cash Outflow
17. LCR ratio (%)
Net Stable Funding Ratio (NSFR)
18. Total Available Stable Funding
19. Total Required Stable Funding
20. NSFR ratio (%)
Qualitative Analysis
CAR:
CAR of Danamon consolidated in December 2024 was 26.23%, above minimum requirements as stipulated in POJK No.11/POJK.03/2016 and
revised through OJK Regulation No.27 Tahun 2022 dated December 7, 2022, which is 9.0%, with additional fulfillment of capital surcharge for
systemic Bank of 1.0% and capital conservation buffer of 2.5%.
Leverage Ratio:
The leverage ratio of Danamon consolidated in December 2024 was 18.09%, above minimum requirement as stipulated in POJK No. 31/POJK.03/2019
of 3.0%.
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(in million Rupiah)
31-DEC-24 31-SEP-24 30-JUN-24 31-MAR-24 31-DEC-23
46,210,485 45,656,857 44,322,777 43,813,465 44,057,898
46,210,485 45,656,857 44,322,777 43,813,465 44,057,898
48,067,638 47,478,464 46,122,384 45,587,566 45,755,058
183,219,439 181,614,758 178,010,951 174,435,552 166,274,024
25.22% 25.14% 24.90% 25.12% 26.50%
25.22% 25.14% 24.90% 25.12% 26.50%
26.23% 26.23% 25.91% 26.14% 27.52%
2.50% 2.50% 2.50% 2.50% 2.50%
0.00% 0.00% 0.00% 0.00% 0.00%
1.00% 1.00% 1.00% 1.00% 1.00%
3.50% 3.50% 3.50% 3.50% 3.50%
17.23% 17.14% 16.91% 17.14% 18.52%
258,913,738 255,750,887 246,478,833 240,066,813 234,222,386
17.85% 17.85% 17.98% 18.25% 18.81%
17.85% 17.85% 17.98% 18.25% 18.81%
18.09% 18.00% 17.93% 18.20% 18.77%
18.09% 18.00% 17.93% 18.20% 18.77%
39,747,375 41,244,015 40,152,771 38,481,630 34,538,059
27,444,668 28,091,857 28,237,998 28,061,371 26,203,874
144.83% 146.82% 142.19% 137.13% 131.81%
164,204,669 161,805,171 158,075,381 154,516,238 153,128,999
136,603,981 135,505,980 133,859,972 130,203,882 126,700,063
120.20% 119.41% 118.09% 118.67% 120.86%
LCR:
The LCR of Danamon consolidated during Q4-2024 was 144.83%, far above the OJK minimum requirement of 100%. This shows that Danamon
consolidated has sufficient HQLA to cover net cash outflows for 1 month in crisis conditions.
NSFR:
The NSFR of Danamon consolidated in December 2024 was 120.20%, above the OJK minimum requirement of 100%. Total ASF
of Danamon consolidated in December 2024 was IDR164.20 trillion (weighted value) with the largest component coming from
Deposits from individual and micro and small business customers amounting to IDR68.13 trillion (weighted value) and Capital of
IDR52.98 trillion (weighted value).
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TABLE 2. DIFFERENCE BETWEEN CONSOLIDATED AND MAPPING ON FINANCIAL STATEMENTS IN ACCORDANCE
WITH FINANCIAL ACCOUNTING STANDARDS WITH RISK CATEGORIES IN ACCORDANCE WITH
FINANCIAL SERVICES AUTHORITY PROVISIONS FOR RISK CATEGORY (LI1) - BANK AS CONSOLIDATED
WITH SUBSIDIARY
31 December 2024
Carrying value as
No. Accounts stated in the financial
statement publication
ASSETS
1. Cash 2,467,706
2. Placements with Bank Indonesia 10,799,120
3. Placements with other banks 1,670,592
4. Spot and derivative/forward receivables 435,636
5. Marketable securities 28,487,832
6. Securities sold under repurchase agreements (repo) 3,130,177
7. Securities purchased under resale agreements (reverse repo) 1,785,799
8. Acceptance receivables 1,136,000
9. Loans 144,581,344
10. Sharia financing 11,679,651
11. Consumer financing receivables 27,215,480
Allowance for impairment losses on consumer financing receivables -/- (1,513,432)
12. Investments 2,346,496
13. Other financial assets 2,257,646
14. Allowance for impairment losses on financial assets -/-
a. Marketable securities (225,130)
b. Loans and Sharia financing (7,588,707)
c. Others (8,385)
15. Intangible assets 5,434,680
Accumulated amortisation on intangible assets -/- (3,474,131)
16. Fixed assets and equipment 5,796,207
Accumulated depreciation of fixed assets and equipment -/- (3,313,562)
17. Non earning asset
a. Idle properties 64,599
b. Foreclosed assets 320,073
c. Suspense accounts 37
d. Interbranch assets -
18. Leased receivables 2,309,853
19. Other assets 6,538,959
TOTAL ASSETS 242,334,540
162 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Carrying amount of each risk*)
In accordance with In accordance with Does not refer to capital
In accordance with the In accordance with the
Counterparty Credit Risk the Securitization requirements or based
credit risk framework Market Risk Framework
framework Framework on capital reduction
2,483,570 - - 165,049 -
10,799,120 - - 1,936,010 -
1,670,592 - - 1,100,777 -
- 435,636 - 435,636 -
24,665,684 - - 4,887,431 -
3,130,177 - - - -
1,785,799 - - - -
1,136,000 - - 998,153 -
144,581,344 - - 16,451,298 -
11,679,651 - - 398,197 -
27,215,480 - - - -
(540,029) - - - -
1,368,998 - - - 968,671
2,119,689 - - 224,453 -
- - - - -
(5,820,431) - - (444,343) -
- - (6,341) -
- - - 5,434,680
- - - (3,474,131)
5,796,207 - - - -
(3,313,562) - - - -
64,599 - - - -
320,073 - - - -
37 - - 7 -
- - - - -
2,309,853 - - - -
4,651,340 - - 42,619 1,958,717
236,104,193 435,636 - 26,188,946 4,887,937
PT Bank Danamon Indonesia Tbk 2024 Annual Report 163
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2024
Carrying value as
NO. Accounts stated in the financial
statement publication
LIABILITIES AND EQUITY
LIABILITIES
1. Current accounts 26,098,043
2. Savings 36,188,408
3. Time deposits 88,283,018
4. E-money -
5. Liabilities to Bank Indonesia -
6. Liabilities to other Banks 4,204,749
7. Spot and derivative/forward liabilities 676,369
8. Securities sold under repurchase agreements (repo) 4,718,889
9. Acceptance payables 1,136,000
10. Marketable securities issued 7,139,060
11. Borrowings 10,475,188
12. Security deposits 7,989
13. Interbranch liabilities -
14. Other liabilities 11,581,270
15. Minority interest 757,925
TOTAL LIABILITIES 191,266,908
EQUITY
16. Issued and fully paid capital
a. Authorized capital 10,000,000
b. Unpaid capital -/- (4,004,423)
c. Treasury stock -/- -
17. Additional paid-up capital
a. Agio 7,985,971
b. Disagio -/- -
c. Capital paid in advance -
d. Others 8,242
18. Other comprehensive income
a. Gains 49
b. Lossess -/- (241,178)
164 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Carrying amount of each risk*)
In accordance with In accordance with Does not refer to capital
In accordance with the In accordance with the
Counterparty Credit Risk the Securitization requirements or based
credit risk framework Market Risk Framework
framework Framework on capital reduction
4,298,715
- - - 5,330,494 -
- - - 8,817,889 -
- - - - -
- - - - -
- - - 569,153 -
- - - 676,370 -
- - - - -
- - - 998,153 -
- - - - -
- - - 4,104,225 -
- - - - -
- - - - -
- - - 225,040 -
- - - - -
- - - 25,020,039 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - 49 -
- - - - -
PT Bank Danamon Indonesia Tbk 2024 Annual Report 165
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2024
Carrying value as
NO. Accounts stated in the financial
statement publication
19. Reserves
a. General reserves 564,076
b. Specific reserves -
20. Retained earnings
a. Previous years 34,801,945
b. Current year 3,179,335
c. Deviden paid -/- (1,226,385)
TOTAL EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT ENTITY 51,067,632
TOTAL EQUITY 51,067,632
TOTAL LIABILITIES AND EQUITY 242,334,540
Qualitative Analysis
There are several financial assets that are subject to more than one risk framework, as follows:
1. Spot and derivatives receivables, recorded on counterparty credit risk framework and market risk.
2. Placement to Bank Indonesia, Loan and marketable securities is recorded on Credit Risk dan Market Risk frameworks.
*) The carrying amount column as stated in the financial statement publication may differ from the sum of all the carrying amount of each
risk, because there are items that are calculated on more than one risk framework, or there are items that are not included in the risk
framework at all.
166 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Carrying amount of each risk*)
In accordance with In accordance with Does not refer to capital
In accordance with the In accordance with the
Counterparty Credit Risk the Securitization requirements or based
credit risk framework Market Risk Framework
framework Framework on capital reduction
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - 49 -
- - - - -
- - - 25,020,088 -
Each risk frameworks calculation on financial asset is following OJK regulation as follow:
1. SEOJK No. 24/SEOJK.03/2021, SEOJK No. 11/SEOJK.03/2018 and SEOJK No. 42 /SEOJK.03/2016 regarding Guidelines for Calculation of Risk
Weighted Assets for Credit Risk using the Standard Approach
2. SEOJK No. 48/SEOJK.03/2017 concerning Guidelines for Calculation of Net Receivables for Derivative Transactions in the Calculation of
RiskWeighted Assets for Credit Risk by Using a Standard Approach
3. SEOJK No.23 Tahun 2022 dated December 7, 2022 concerning Guidelines for Using the Standard Method in Calculation of the Capital Adequacy
Ratio Requirement for Commercial Banks by Taking Market Risk into Account.
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 3. MAIN DIFFERENCES BETWEEN CARRYING VALUE ACCORDING TO FINANCIAL ACCOUNTING
STANDARDS AND EXPOSURE VALUE ACCORDING TO OJK REGULATIONS (LI2) - BANK AS CONSOLIDATED
WITH SUBSIDIARY
31 December 2024 (in million Rupiah)
Items :
No. Component Total Counterparty
Credit Risk Securitization Market Risk
Credit Risk
Framework Framework Framework
Framework
1. Carrying value of assets is in 262,728,775 236,104,193 - 435,636 26,188,946
accordance with the prudential
consolidated coverage (as reported
in table LI1)
2. Carrying amount of the liability is 25,020,087 - - - 25,020,087
in accordance with the prudential
consolidated coverage (as reported
in table LI1)
3. Total net value is in accordance 287,748,862 236,104,193 - 435,636 51,209,033
with the prudential consolidated
coverage
4. Administrative account value 112,217,288 19,979,454 - 823,069 91,414,765
5. Difference in valuation - - - - -
6. Difference because netting rules, - - - - -
other than those included in line 2
7. Difference in provision - - - - -
8. Difference is due to prudential filters - - - - -
Exposure value considered is in 399,966,149 256,083,647 - 1,258,704 142,623,798
accordance with the consolidated
scope of the prudential provisions
Qualitative Analysis
There are several financial assets that are subject to more than one risk framework, as follows:
1. Spot and derivatives receivables, recorded on counterparty credit risk framework and market risk.
2. Placement to Bank Indonesia, loan and marketable securities is recorded on Credit Risk dan Market Risk frameworks.
Each risk frameworks calculation on financial asset is following OJK regulation as follow:
1. SEOJK No.24/SEOJK.03/2021, SEOJK No. 11/SEOJK.03/2018 dan SEOJK No. 42 /SEOJK.03/2016 concerning RWA Calculation for Credit Risk
using the Standardized Approach for Commercial Banks
2. SEOJK No. 48/SEOJK.03/2017 concerning Guidelines for Calculation of Net Receivables for Derivative Transactions in the Risk-Weighted
Assets Calculation for Credit Risk using Standardized Approach, and
3. SEOJK No.23 Tahun 2022 dated December 7, 2022 concerning Guidelines for Using Standardized Method in Calculation of Capital Adequacy
Ratio for Commercial Banks by Taking Market Risk into Account.
168 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
General - The explanation of the Exposure Amount Difference in accordance with Financial Accounting
Standards and OJK Regulation (LIA)
Bank and Subsidiary classify fair value measurements using a fair value hierarchy that reflects the significance of the
inputs used in making the measurements. The fair value hierarchy shall have the followings levels:
i. Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1);
ii. Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly
(example, price) or indirectly (example, derived from prices) (Level 2); and
iii. Inputs for the asset and liability that are not based on observable market data (unobservable inputs) (Level 3).
Fair values of financial assets and financial liabilities that are traded in active markets are based on quoted market
prices or dealer price quotations. For all other financial instruments, Bank and Subsidiary determine fair values
using valuation techniques. Valuation techniques include net present value and discounted cash flow models, and
comparison to similar instruments for which market observable prices exist. Assumptions and inputs used in valuation
techniques include risk-free and benchmark interest rates, credit spreads and other variable used in estimating
discount rates, bond prices, foreign currency exchange rates, and expected price volatilities and correlations.
CAPITAL RISK
TABLE 4. CAPITAL COMPOSITION (CC1)
31 December 2024 (in million Rupiah)
Ref. No.
No. Component Bank Consolidated from Publication
Balance Sheet
Common Equity Tier 1 capital: Instruments and Reserves
1. Directly issued qualifying common share (and equivalent for non-joint 13,981,548 13,981,548 a+b+c
stock companies) capital plus related stock surplus
2. Retained earnings 36,754,895 36,754,895 d+e+f
3. Accumulated other comprehensive income (and other reserves) 451,799 451,799 g+h+i
4. Directly issued capital subject to phase out from CET 1 (only applicable N/A N/A
to non-joint stock companies)
5. Common share capital issued by subsidiary and held by third parties - -
(amount allowed in group CET 1)
6. CET 1 capital before regulatory adjustments 51,188,242 51,188,242
CET 1 capital: Regulatory Adjustments
7. Prudential valuation adjustments - -
8. Goodwill (net of related tax liability) - (1,074,532) j+k
9. Other intangibles other than mortgage-servicing rights (net of related (590,970) (886,017) l+m
tax liability)
10. Deferred tax assets that rely on future profitability excluding those N/A N/A
arising from 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 N/A N/A
reported balance sheet)
PT Bank Danamon Indonesia Tbk 2024 Annual Report 169
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Highlights Report Profile & Analysis
31 December 2024 (in million Rupiah)
Ref. No.
No. Component Bank Consolidated from Publication
Balance Sheet
17. Reciprocal cross-holdings in common equity - -
18. Investments in the capital of banking, financial and insurance entities N/A N/A
that are outside the scope of regulatory consolidation, net of eligible
short positions, where the bank does not own more than 10% of the
issued share capital (amount above 10% threshold)
19. Significant investments in the common stock of banking, financial N/A N/A
and insurance 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) - -
21. Deferred tax assets arising from temporary differences (amount above N/A N/A
10% threshold, 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
a. Under provision between regulatory provision and impairment value - -
on productive assets
b. Under provision between regulatory provision and impairment value (73,861) (73,861)
on non productive assets
c. Deferred tax assets (1,577,132) (1,974,676) n
d. Investments (12,828,406) (968,671) o
e. Short of capital on insurance subsidiary company - -
f. Capital securitisation exposure - -
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 CET 1 (15,070,369) (4,977,757)
29. Common Equity Tier 1 capital (CET 1) 36,117,873 46,210,485
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 N/A N/A
Tier 1
34. Additional Tier 1 instruments (and CET 1 instruments not included in - -
row 5) issued by subsidiary and held by third parties (amount allowed
in group AT 1)
35. of which: instruments issued by subsidiary subject to phase out N/A N/A
36. Additional Tier 1 capital before regulatory adjustments
170 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
31 December 2024 (in million Rupiah)
Ref. No.
No. Component Bank Consolidated from Publication
Balance Sheet
Additional Tier 1 capital:
Regulatory Adjustments
37. Investments in own AT 1 instruments N/A N/A
38. Reciprocal cross-holdings in AT 1 instruments N/A N/A
39. Investments in the capital of banking, financial and insurance entities N/A N/A
that are outside the scope of regulatory consolidation, net of eligible
short positions, where the Bank does not own more than 10% of
the issued common share capital of the entity (amount above 10%
threshold)
40. Significant investments in the capital of banking, financial and N/A N/A
insurance entities that are outside the scope of regulatory consolidation
(net of eligible short positions)
41. National specific regulatory adjustments
a. Placement of funds in instruments AT 1 at other Banks - -
42. Regulatory adjustments applied to AT 1 due to insufficient Tier 2 to - -
cover deductions
43. Total regulatory adjustments to AT 1 capital N/A N/A
44. Additional Tier 1 capital (AT 1) N/A N/A
45. Tier 1 capital (T1 = CET 1 + AT 1) 36,117,873 46,210,485
Tier 2 capital:
Instruments and Provisions
46. Directly issued qualifying Tier 2 instruments plus related stock surplus 19,583 19,583 p
47. Directly issued capital instruments subject to phase out from Tier 2 N/A N/A
48. Tier 2 instruments (and CET 1 and AT 1 instruments not included in rows - -
5 or 34) issued by subsidiary and held by third parties (amount allowed
in group Tier 2)
49. of which: instruments issued by subsidiary subject to phase out N/A N/A
50. General reserves of regulatory provision on productive assets (max. 1,720,761 1,837,570
1.25% of RWA Credit Risk)
51. Tier 2 capital before regulatory adjustments 1,740,344 1,857,153
Tier 2 capital:
Regulatory Adjustments
52. Investments in own Tier 2 instruments N/A N/A
53. Reciprocal cross-holdings in Tier 2 instruments and other TLAC - -
liabilities
54. Investments in the other TLAC liabilities of banking, financial and N/A N/A
insurance entities that are outside the scope of regulatory consolidation
and where the Bank does not own more than 10% of the issued
common share capital of the entity: amount previously designated for
the 5 % threshold but that no longer meets the conditions (for G-SIBs
only)
55. Significant investments in the capital and other TLAC liabilities of N/A N/A
banking, financial and insurance entities that are outside the scope of
regulatory consolidation (net of eligible short positions)
56. National specific regulatory adjustments
a. Sinking fund - -
b. Placement of funds in Tier 2 instruments at other Banks - -
PT Bank Danamon Indonesia Tbk 2024 Annual Report 171
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Highlights Report Profile & Analysis
31 December 2024 (in million Rupiah)
Ref. No.
No. Component Bank Consolidated from Publication
Balance Sheet
57. Total regulatory adjustments to Tier 2 capital - -
58. Tier 2 capital (T2) 1,740,344 1,857,153
59. Total capital (TC = T1 + T2) 37,858,217 48,067,638
60. Total Risk Weighted Assets 155,021,144 183,219,439
Capital Ratios and Buffers
61. Common Equity Tier 1 (as a percentage of risk weighted assets) 23.30% 25.22%
62. Tier 1 (as a percentage of risk weighted assets) 23.30% 25.22%
63. Total capital (as a percentage of risk weighted assets) 24.42% 26.23%
64. Institution specific buffer requirement (minimum CET 1 requirement plus 3.50% 3.50%
capital 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 15.42% 17.23%
weighted assets)
National minimal (if different from Basel III)
69. National Common Equity Tier 1 minimum ratio (if different from Basel III N/A N/A
minimum)
70. National Tier 1 minimum ratio (if different from Basel III minimum) N/A N/A
71. National total capital minimum ratio (if different from Basel III minimum) N/A N/A
Amounts below the thresholds for deduction (before risk weighting)
72. Non-significant investments in the capital and other TLAC liabilities of N/A N/A
other financial entities
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 N/A N/A
tax liability)
Applicable caps on the inclusion of provisions in Tier 2
76. Provisions eligible for inclusion in Tier 2 in respect of exposures subject N/A N/A
to standardised 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 N/A N/A
to internal ratings-based approach (prior to application of cap)
79. Cap for inclusion of provisions in Tier 2 under internal ratings-based N/A N/A
approach
172 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
31 December 2024 (in million Rupiah)
Ref. No.
No. Component Bank Consolidated from Publication
Balance Sheet
Capital instruments subject to phase-out arrangements (only
applicable between 1 Jan 2018 and 1 Jan 2022)
80. Current cap on CET 1 instruments subject to phase out arrangements N/A N/A
81. Amount excluded from CET 1 due to cap (excess over cap after N/A N/A
redemptions and maturities)
82. Current cap on AT 1 instruments subject to phase out arrangements N/A N/A
83. Amount excluded from AT 1 due to cap (excess over cap after N/A N/A
redemptions and maturities)
84. 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 N/A N/A
redemptions and maturities)
TABLE 5. CAPITAL RECONCILIATION (CC2)
31 December 2024 (in million Rupiah)
No Accounts Bank Consolidated Ref. No.
ASSETS
1. Cash 2,286,078 2,467,706
2. Placements with Bank Indonesia 10,799,120 10,799,120
3. Placements with other Banks 1,124,832 1,670,592
4. Spot and derivative/forward receivables 372,830 435,636
5. Marketable securities owned 28,556,800 28,487,832
6. Securities sold under repurchase agreements (repo) 3,130,177 3,130,177
7. Securities purchased under resale agreements (reverse repo) 1,785,799 1,785,799
8. Acceptance receivables 1,136,000 1,136,000
9. Loans 144,796,622 144,581,344
10. Sharia financing 11,679,651 11,679,651
11. Consumer financing receivables - 27,215,480
Allowance for impairment losses on consumer financing receivables -/- - (1,513,432)
12. Investments
a. Calculated as capital deduction factor 12,828,406 968,671 o
b. Not calculated as capital deduction factor 79,812 1,377,825
13. Other financial assets 2,155,869 2,257,646
14. Allowance for impairment losses on financial assets -/-
a. Marketable securities (225,130) (225,130)
b. Loans (7,514,253) (7,588,707)
c. Others (8,385) (8,385)
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31 December 2024 (in million Rupiah)
No Accounts Bank Consolidated Ref. No.
15. Intangible assets
a. Goodwill - 1,906,683 j
b. Other Intangible assets 2,745,250 3,527,997 l
Accumulated amortisation on intangible assets -/-
a. Goodwill - (832,151) k
b. Other Intangible assets (2,154,280) (2,641,980) m
16. Fixed assets and equipment 4,371,460 5,796,207
Accumulated depreciation of fixed assets and equipment -/- (2,430,112) (3,313,562)
17. Non earning asset
a. Idle properties 64,599 64,599
b. Foreclosed assets 320,073 320,073
c. Suspense accounts 37 37
d. Interbranch assets - -
18. Leased receivables - 2,309,853
19. Other assets
a. Deferred tax assets calculated as capital deduction factor 1,577,132 1,974,676 n
b. Other assets not calculated as capital deduction factor 4,285,773 4,564,283
TOTAL ASSETS 221,764,160 242,334,540
LIABILITIES & EQUITY
1. Current accounts 26,997,243 26,098,043
2. Savings 36,188,408 36,188,408
3. Time deposits 88,283,018 88,283,018
4. E-money - -
5. Liabilities to Bank Indonesia - -
6. Liabilities to other Banks 4,204,749 4,204,749
7. Spot and derivative/forward liabilities 600,953 676,369
8. Securities sold under repurchase agreements (repo) 4,718,889 4,718,889
9. Acceptance payables 1,136,000 1,136,000
10. Marketable securities issued - 7,139,060
11. Borrowings
a. Can be calculated in the capital component 19,583 19,583 p
b. Can not be calculated in the capital component 5,417 10,455,605
12. Security deposits 7,989 7,989
13. Interbranch liabilities - -
14. Other liabilities 8,534,279 11,581,270
15. Minority interest - 757,925
TOTAL LIABILITIES 170,696,528 191,266,908
174 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
31 December 2024 (in million Rupiah)
No Accounts Bank Consolidated Ref. No.
16. Issued and fully paid capital
a. Authorized capital 10,000,000 10,000,000 a
b. Unpaid capital -/- (4,004,423) (4,004,423) b
c. Treasury stock -/- - -
17. Additional paid-up capital
a. Agio 7,985,971 7,985,971 c
b. Disagio -/- - -
c. Capital paid in advance - -
d. Others 8,242 8,242
18. Other comprehensive income
a. Gain
i. Can be calculated in the capital component 58,567 58,567 g
ii. Can not be calculated in the capital component (58,518) (58,518)
b. Losses
i. Can be calculated in the capital component (170,844) (170,844) h
ii. Can not be calculated in the capital component (70,334) (70,334)
19. Reserves
a. General reserves 564,076 564,076 i
b. Specific reserves - -
20. Retained earnings
a. Previous years 34,801,945 34,801,945 d
b. Current year
i. Can be calculated in the capital component 3,179,335 3,179,335 e
ii. Can not be calculated in the capital component - -
c. Dividend paid (1,226,385) (1,226,385) f
Total Equity Attributable to Equity Holders of The Parent Equity 51,067,632 51,067,632
TOTAL EQUITY 51,067,632 51,067,632
TOTAL LIABILITIES AND EQUITY 221,764,160 242,334,540
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Highlights Report Profile & Analysis
TABLE 6. KEY FEATURES OF CAPITAL AND TLAC-ELIGIBLE INSTRUMENTS (CCA)
31 December 2024
No Question
1. Issuer
2. Identification Number
3. Legal applied
Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments
governed by foreign law)
Instrument Treatment based on CAR requirements
4. During the transition period
5. After the transition period
6. Are the instrument eligible for Individual/Consolidated or Consolidated and Individual
7. Instrument Type
8. The amount recognized in the CAR calculation (in millions IDR)
9. Par Value of the instrument (in millions IDR)
10. Accounting Classification
11. Publication Date
176 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 179
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Main Capital Instrument Features Reconciliation and TLAC-Eligible (CCA)
Answer Answer
PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk
"Exchange Code : BDMN N/A
ISIN : ID1000094204"
Indonesian Law Indonesian Law
N/A N/A
N/A N/A
CET 1 Tier 2
Consolidated and Individual Consolidated and Individual
Common Stock Subordinated Loan
13,981,548 19,583
5,995,577 25,000
Equity Liability - Amortized cost
STOCK SERIE A Loan received on 4 December 2018 and extended
• Initial Public Offering on December 8, 1989 of 12,000,000 shares - par value per share of IDR on 4 December 2023
1,000.
• Founders’ shares of 22,400,000 sheet.
• Bonus shares from additional paid-in capital capitalisation of 34,400,000 shares in 1992.
• Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) I of 224,000,000
shares - par value per share of IDR 1,000, on 24 December 1993.
• Bonus shares from additional paid-in capital capitalisation of 112,000,000 shares - par value
per share of IDR 1,000 in 1995.
• Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) II of 560,000,000
shares - par value per share of IDR 1,000, on 29 April 1996.
• Founders’ shares of 155,200,000 shares in 1996.
• Shares from the changes in the par value of shares of 1,120,000,000 sheet - par value per
share of IDR 500 in 1997.
• Increase in par value to IDR 10,000 per share through the reduction in total number of shares
(reverse stock split) to 112,000,000 shares in 2001.
• Increase in par value to IDR 50,000 per share through the reduction in total number of
shares (reverse stock split) to 22,400,000 shares in 2003.
STOCK SERIE B
• Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) III of
215,040,000,000 shares - par value per share of IDR 5 on 29 March 1999.
• Shares issued in order to merger with PDFCI of 45,375,000,000 shares - par value per share
of IDR 5 in 1999.
• Shares issued in order to merger with Bank Tiara of 35,557,200,000 shares - par value per
share of IDR 5 in 2000.
• Shares issued in order with Danamon merger with 7 Taken-Over (BTO) of 192,480,000,000
shares - par value per share of IDR 5 in 2000.
• Increase in par value to IDR 100 per share through the reduction in total number of shares
(reverse stock split) to 24,422,610,000 shares in 2001.
• Increase in par value to IDR 500 per share through the reduction in total number of shares
(reverse stock split) to 4,884,522,000 shares in 2003.
• Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) IV of
3,314,893,116 shares - par value per share of IDR 500, on 20 March 2009.
• Shares from Limited Public Offering with Pre-emptive Rights (Rights Issue) V of
1,162,285,399 shares - par value per share of IDR 1,000, on 24 August 2011.
• Total Series B Shares issued start from 01 July 2015 until 30 June 2011 by the Company to,
and placed/taken by, the members of the Board of Directors that determined by the Board
of Commissioners of the Company and senior employees that determined by the Board of
Company Directors (“Option Beneficiaries”) who have exercised the option rights granted
to them under the E/M SOP program are 200,542,850 Series B shares or equals with IDR
100,271,425,000 with a par value per share of IDR 500 in the period between 2005 and 2011.
• Shares conversion due to merger with PT Bank Nusantara Parahyangan Tbk (Bank BNP) ,
through an additional of 188,909,505 shares B series (with a par value per share of IDR 500)
efective at 1 May 2019.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 177
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Financial Management Company Management Discussion
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31 December 2024
No Question
12. No maturity (perpertual) or with maturity
13. Due Date
14. Execution of Call Option based on Banks' supervisor approval
15. Date of call option, amounts withdrawal and other call option requirements (if any)
16. Subsequent call option
Coupon/Dividen
17. Dividend or coupon with fixed or floating interest
18. Coupon rate or other index to which reference
19. Whether or not dividend stopper
20. Fully discretionary; partial or mandatory
21. Any step up feature or other incentive
22. Non-cumulative or cumulative
23. Convertible or non-convertible
24. If convertible, mention its trigger point
25. If convertible, whether whole or in part
26. If convertible, how the conversion rate
27. If convertible; whether mandatory or optional
28. If convertible, specify the type of conversion instrument
29. If convertible, mention the issuer of instrument it converts into
30. Write-down feature
31. If write-down, mention its trigger point
32. If write-down, whether whole or in part
33. If write-down; permanent or temporary
34. If temporary write-down, explain the write-up mechanism
34a. Type of subordination
35. Instrument hierarchy when the liquidation is done
36. Is there non-compliant transitioned features
37. If yes, specify non-compliant features
178 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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(in million Rupiah)
Main Capital Instrument Features Reconciliation and TLAC-Eligible (CCA)
Answer Answer
Perpetual With maturity
No maturity date 4 December 2028
No No
N/A N/A
N/A N/A
Floating Fixed
N/A 7.33%
Yes No
Mandatory Mandatory
No No
Cumulative and Non-cumulative Cumulative
Non-convertible Non-convertible
N/A N/A
N/A N/A
N/A N/A
N/A N/A
N/A N/A
N/A N/A
No Yes
N/A (i) Common Equity Tier 1 Ratio become lower
than: (a) 8% of its RWA; or (b) as required by
prevailing law; or
(ii) CAR Ratio become lower than: (a) 13.5%; or (b)
as required by prevailing law; or
(iii) Regulators decide that Debtor’s business
continuity is potential interrupted.
N/A whole or in part
N/A Permanent
N/A N/A
N/A N/A
Paid-up capital instrument and it’s subordinated to other capital instrument. Subordinated Loan will be subordinated, Creditors
Available to absorb losses incurred prior or at the time of liquidation. wil receive payment by hierarchy after Separtist
Creditors, Preference Creditors, Preference
Creditors, Concurrent Creditors, and Depositors
have been repaid in accordance with prevailing
laws and regulations in Indonesia when liquidation
is done.
No No
N/A N/A
PT Bank Danamon Indonesia Tbk 2024 Annual Report 179
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Qualitative Disclosure on Capital Structure and Capital Adequacy
Danamon is committed to managing a strong and sound capital structure as the foundation for sustainable business
growth.
In accordance with POJK No. 11/POJK.03/2016 and revised through POJK No.27 Tahun 2022 dated December 7,
2022 concerning the Minimum Capital Requirement for Commercial Banks and its amendments, Danamon capital
consists of:
• Core Capital (Tier 1), which includes Common Equity Tier 1 and Additional Tier 1 Capital; and
• Supplementary Capital (Tier 2).
• Bank has strong capital to support the Company’s growth and operations in order to meet the Minimum Capital
Requirements for Commercial Banks according to the risk profile, additional capital as a buffer both the Capital
Conservation Buffer and the Countercyclical Buffer, as well as Capital Surcharge for Systemic Banks in accordance
with applicable regulations.
LEVERAGE RATIO
TABLE 7a. LEVERAGE RATIO REPORT
31 December 2024 (in million Rupiah)
Total
No Information
Bank Consolidated
1. Total assets on the balance sheet in published financial statements (gross value before 229,511,928 251,670,194
deducting impairment provision)
2. Adjustment for investment in Bank, Financial Institution, Insurance Company, and/or other - -
entities that consolidated based on accounting standard yet out of scope consolidation based
on Otoritas Jasa Keuangan
3. Adjustment for portfolio of financial asset that have underlying which already transferred to - -
without recourse securitization asset as stipulated in OJK's statutory regulations related to
Prudential Principles in Securitization Asset Activity for General Bank
4. Adjustment to temporary exception of Placement to Bank Indonesia in accordance Statutory - -
Reserve Requirement ( if any)
5. Adjustment to fiduciary asset that recognized as balance sheet based on accounting standard - -
yet excluded from total exposure in Leverage Ratio calculation.
6. Adjustment to acquisition cost and sales price of financial assets regularly using trade date - -
accounting method
7. Adjustment to qualified cash pooling transaction as stipulated in this OJK's regulation. - -
8. Adjustment to exposure of derivative transaction 1,258,517 1,573,020
9. Adjustment to exposure of Securities Financing Transaction (SFT) as example: reverse repo 82,012 82,012
transaction
10. Adjustment to exposure of Off Balance Sheet transaction that already multiply with Credit 19,828,062 19,828,062
Conversion Factor (CCF)
11. Prudent valuation adjustments in form of capital deduction factor and impairment provision (22,744,277) (14,239,550)
12. Other adjustments - -
13. Total exposure in Leverage Ratio Calculation 227,936,242 258,913,738
180 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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TABLE 7b. LEVERAGE RATIO CALCULATION REPORT
31 December 2024 (in million Rupiah)
Bank Consolidated
No Information December September December September
2024 2024 2024 2024
On Balance Sheet Exposure
1. On-balance sheet exposures (excluding derivatives and securities 224,220,876 222,584,653 246,316,336 245,996,946
financing transactions (SFTs), but including collateral) (gross value
before deducting impairment provision)
2. Gross-up for derivatives collateral provided where deducted from - - - -
balance sheet assets pursuant to the accounting standard
3. (Deductions of receivable assets for cash variation margin provided - - - -
in derivatives transactions)
4. (Adjustment for securities received under securities financing - - - -
transactions that are recognised as an asset)
5. (Impairment provision those assets inline with accounting standard (7,747,769) (7,810,889) (9,335,654) (9,465,928)
applied)
6. (Asset amounts deducted in determining Basel III Tier 1 capital and (14,996,508) (14,899,417) (4,903,896) (4,907,164)
regulatory adjustments)
7. Total on-balance sheet exposures 201,476,599 199,874,347 232,076,786 231,623,854
Derivative Exposure
8. Replacement cost associated with all derivatives transactions 521,962 1,217,522 609,890 1,224,449
(where applicable net of eligible cash variation margin and/or with
bilateral netting)
9. Add-on amounts for potential future exposure associated with all 1,109,385 1,094,096 1,398,766 1,399,901
derivatives transactions
10. (Exempted central counterparty (CCP) leg of client-cleared trade - - - -
exposures)
11. Adjusted effective notional amount of written credit derivatives - - - -
12. (Adjusted effective notional offsets and add-on deductions for - - - -
written credit derivatives)
13. Total derivative exposures 1,631,347 2,311,618 2,008,656 2,624,350
Securities financing transaction exposures
14. Gross SFT Assets 4,918,222 2,978,048 4,918,222 2,978,048
15. (Netted amounts of cash payables and cash receivables of gross - - - -
SFT assets)
16. Counterparty credit risk exposure for SFT assets refers to Current 82,012 51,216 82,012 51,216
Exposure calculation
17. Agent transaction exposures - - - -
18. Total securities financing transaction exposures 5,000,234 3,029,264 5,000,234 3,029,264
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31 December 2024 (in million Rupiah)
Bank Consolidated
No Information December September December September
2024 2024 2024 2024
Other off-balance sheet exposures
19. Off-balance sheet exposure at gross notional amount 119,051,955 113,937,299 119,051,955 113,937,299
20. (Adjustment from the result of multiplying commitment payable (99,070,858) (95,339,478) (99,070,858) (95,339,478)
or contingent payables with credit conversion factor (CCF) and
deducted with impairment provision)
21. (Impairment provision for off balance sheet inline with accounting (153,035) (124,402) (153,035) (124,402)
standard)
22. Off-balance sheet items 19,828,062 18,473,419 19,828,062 18,473,419
Capital and Total Exposure
23. Tier 1 Capital 36,117,872 35,664,604 46,210,485 45,656,857
24. Total Exposure 227,936,242 223,688,648 258,913,738 255,750,887
Leverage Ratio
25. Basel III leverage ratio (including the impact of any applicable 15.85% 15.94% 17.85% 17.85%
temporary exemption of central bank reserves)
25a. Basel III leverage ratio (excluding the impact of any applicable 15.85% 15.94% 17.85% 17.85%
temporary exemption of central bank reserves)
26. National minimum leverage ratio requirement 3.00% 3.00% 3.00% 3.00%
27. Applicable leverage buffers 0.00% 0.00% 0.00% 0.00%
Disclosures of mean values
28. Mean value of gross SFT assets, after adjustment for sale accounting 1,439,446 849,898 1,439,446 849,898
transactions and netted of amounts of associated cash payables
and cash
29. Quarter-end value of gross SFT assets, after adjustment for sale 4,918,222 2,978,048 4,918,222 2,978,048
accounting transactions and netted of amounts of associated cash
payables and cash receivables
30. Total exposures (including the impact of any applicable temporary 224,457,466 221,560,498 255,434,962 253,622,737
exemption of central bank reserves) incorporating mean 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 224,457,466 221,560,498 255,434,962 253,622,737
exemption of central bank reserves) incorporating mean 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)
182 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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31 December 2024 (in million Rupiah)
Bank Consolidated
No Information December September December September
2024 2024 2024 2024
31. Basel III leverage ratio (including the impact of any applicable 16.09% 16.10% 18.09% 18.00%
temporary exemption of central bank reserves) incorporating mean
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. Basel III leverage ratio (excluding the impact of any applicable 16.09% 16.10% 18.09% 18.00%
temporary exemption of central bank reserves) incorporating mean
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)
RISK MANAGEMENT EFFORTS WITH During the recovery period from the COVID-19
DISCLOSURE OF EXPOSURE AND pandemic, Danamon continues to provide
IMPLEMENTATION OF RISK MANAGEMENT support to debtors who are still in the transition
period to back to normal in accordance with
1. Credit Risk prevailing POJK by still applying the prudential
Credit risk is the potential financial loss caused by principles and avoiding moral hazards. The
the failure of the borrowers or counterparties to fulfill implementation of the POJK ended on 31 March
their obligations in accordance with the agreement. 2024.
Danamon’s credit risk exposure primarily arises from
lending activities, as well as from other activities Danamon has Credit Risk Policy, which is a core
such as trade finance, treasury, and investments. policy and the main framework for implementing
Credit risk exposure can also increase through credit risk management. This policy and
the concentration of credit in a certain geographic the credit guidelines in the line of business
area, as well as because of certain borrower govern the credit risk management process
characteristics. comprehensively, including risk identification,
measurement, monitoring, and controlling. Credit
a. Credit Risk Management Risk Policy and Credit Guidelines are reviewed
Danamon implements Credit Risk Management periodically to comply with prevailing regulations
individually and consolidated with its Subsidiary and adjust to Danamon’s risk appetite.
which involve an active role by the BOC and BOD.
Credit Risk Management Implementation covers
the end-to-end process from credit acceptance
criteria, origination and approval, pricing,
monitoring, collection, collateral management,
remedial management process, and portfolio
management. Danamon always applies the
prudential principle and risk management as
a whole to every aspect of credit activity in
compliance with the prevailing regulations,
such as POJK No. 40/POJK.03/2019 regarding
Assessment of Asset Quality for Commercial
Bank.
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Process Implementation Activities
Identification • Periodically review the Product Program containing Industry analysis and marketing strategies, product feature,
criteria for credit approval, product performance, and the implementation of risk management.
• Establish credit approval criteria based on the 5C approach: Character, Capacity to Repay, Capital, Collateral, and
Conditions of the Economy as well as adjusting the risk appetite, risk profile, and Bank business plan.
Assessment • Develop and implement credit risk assessment methodology, such as internal credit rating and credit scorecards
that are consistently enhanced and validated to evaluate loan disbursements and other facilities related to credit.
• Establish credit risk assessment parameters, trigger scores, and limits on non performing loan levels, portfolio
concentrations, and other credit parameters.
• Conduct stress tests on significant changes of conditions as estimated potential impacts on portfolios, revenues,
as well as Danamon’s capital conditions.
Monitoring • Periodically monitor risks taken in accordance with risk appetite and business performance to remain within the
desired limits.
• Monitor product performance and portfolios at the Bank and its line of business levels through a reliable
management information system.
• Evaluate the adequacy of risk management implementation, which may provide improvement and adjustment
toward risk management strategies.
Control • Establish and periodically review the policies and guidelines for the implementation of credit risk management that
is applicable to line of business in both general and specific terms.
• Implement adequate four-eyes principles in every process of credit facility approval.
• Delegate authority for credit approvals to selected members of the Credit Committee, based on qualifications and
competencies.
• Determine internal limits for Legal Lending Limits (LLL) for both individual and group debtors, and also for related
and non-related parties.
• Determine the risk level, appetite, and concentration limit on certain industrial sectors.
• Identify non-performing loans at an early stage so remedial processes can be conducted properly and efficiently.
• Build up and ensure the adequacy of provisions in line with the existing regulations.
• Develop an independent and sustainable mechanism of internal control system.
In the Credit Risk Profile Analysis, the existing business model of Danamon and its Subsidiary was reflected in
the assessment of Inherent Risk and Quality of Risk Management Implementation, where Danamon individually
and consolidatedly makes the assessments periodically and reports them in the Credit Risk Profile Report.
The Credit Risk Management process is performed thoroughly on all lines of defense in Danamon. Line of
Business, Subsidiary, and Underwriting Unit as the risk-taking units, are the first line of defense which has
important roles in the implementation of adequate risk management.
The Risk Management Directorate serves as an independent second line of defense. This unit is responsible
for monitoring and reviewing credit risk parameters, reviewing and adjusting Credit Policy, and developing
risk measurement methodologies and risk control procedures. The Compliance Working Unit, as the second
line, is also active in providing recommendations on the implementation of credit risk management in line with
regulations and granting credit facilities to Danamon’s related parties.
Compliance with the implementation of credit risk management is continuously evaluated by an IAU acting as
a third line of defense. This unit actively provides recommendations for the improvement and development of
Danamon’s risk management across all units.
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Credit Risk Internal Rating and Scorecard Model b. Credit Concentration Risk
Danamon has Risk Modelling, Quantitative Credit concentration risk arises when borrowers
Technique, and Analytics (RA) Division to develop, engaged in similar business activities or have
implement, monitor, and review the risk modeling business activities in the same geographical area,
and methodologies of quantitative techniques. This or have similar characteristics that may prevent the
also includes ensuring that Danamon has robust risk customers from meeting their contractual obligations
modelling for prudent portfolio management, and and from equally being affected by changes in
for the credit business, as follows: economic conditions and other conditions.
• Corporate
• Commercial Danamon encourages diversification of its loan
• Mid-Market portfolio in various geographical areas, industries,
• Financing Company credit products, and individual debtors that reflects
• Financial Institutions a balanced and healthy risk profile and focuses on
• Credit Card marketing efforts toward the industry and potential
• Unsecured Loans customers to minimize credit risk. This diversification
• Small and Medium Enterprise Loans is based on Danamon’s strategic plan, the target
• Mortgage sector, current economic conditions, government
• Automotive Loans policy, funding sources, and growth projections.
In addition to the above models, the RA Division c. Measurement and Control Mechanism of Credit
also develops a Probability of Default (PD) model Risk
and implements the “Danamon Rating Scale” (DRS), Danamon conducts intensive and rigorous
which is mapped according to the PD Model and monitoring of any changes that may affect
scores/ratings that are applicable to all lines of Danamon’s portfolio, both individually and in
business. consolidation with its Subsidiary. Reviews of the loan
portfolio are conducted by the line of business level
The Internal Rating Model and Credit Scorecard are as a risk-taking unit and at the Risk Management
used as a basis for ECL PSAK 109/IFRS 9 calculation Working Unit level, which is also monitored
and have become among the several indicators used periodically by the Risk Management Committee at
as references to make credit decisions, acquisitions, the BOD level and by the Risk Oversight Committee
and portfolio monitoring. Implementing the Internal at the BOC level.
Rating Model and Credit Scorecard is expected
to improve the overall quality of Danamon’s loan
portfolio.
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Danamon also carries out measurement of past due Meanwhile, the CKPN calculation for Sharia loans
and impaired claims. This includes matured claims in refers to POJK Asset Quality Assessment for Sharia
the form of financial assets both in whole or in part, Banks and Sharia Business Units, with the exception
including interest payments that are overdue more of murabahah receivables, where the CKPN
than 90 (ninety) days and impaired claims, namely calculation is evaluated individually and collectively
financial assets that have objective evidence of based on PSAK 55.
impairment based on future cash-flow estimates.
In implementing PSAK 109, Danamon uses the
The evaluation of impaired loans is categorized following two methods:
into two main segments: Wholesale (Enterprise - Collective calculations, portfolio-based CKPN
Banking and SME) and Consumer. In the Wholesale calculations for Retail, Consumer and Enterprise
Banking segment, the assessment includes four Banking Business Lines (Corporate, Commercial,
main categories, which are payment status, FI, and Finco). In this method, the Bank uses an
debtor’s financial performance, assessment of Internal Rating and Scorecard as a basis for
debtors’ repayment status, and restructured loans. determining the Probability of Default (PD) for
For the Consumer segment, the assessments are each debtor.
conducted using a collective approach through the - Individual calculations, for large exposure
portfolio and are assessed based on asset quality portfolios with impaired conditions and exposure
and the restructuring conditions. above Rp 10 billion. This calculation uses the
Discounted Cash Flow (DCF) or Collateral
d. Provisioning Approach which is calculated at the individual
Danamon has implemented PSAK 109 (IFRS 9), level.
where Allowance for Impairment Losses (CKPN) is
recognized in the amount of 12 months of expected
credit losses (ECL) or throughout the lifetime of the
financial asset. CKPN is recognized for all financial
assets of debt instruments measured at amortized
cost or at Fair Value through Other Comprehensive
Income (FVOCI), loan commitments, and financial
guarantees.
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Danamon primarily uses sophisticated models that c. Exposure at Default (“EAD”)
utilize the probability of default (“PD”), loss given The expected balance sheet exposure at the time
default (“LGD”) and exposure at default (“EAD”) of default, considering that expected change
metrics, discounted using the effective interest rate. in exposure over the lifetime of the exposure.
This incorporates the impact of drawdowns of
a. Probability of Default (“PD”) committed facilities, repayments of principal and
The probability at a point in time that a interest, amortization and prepayments, together
counterparty will default, calibrated over up to with the impact of relevant forward-looking
12 months from the reporting date (Stage 1) or economic assumptions.
over the lifetime of the product (Stage 2 and 3)
and incorporating the impact of forward-looking In accordance with PSAK 109 principles,
economic assumptions that have an effect on Danamon also defines Stage-1 criteria for
credit risk. PD is estimated at a point in time that debtors with good portfolio quality. Stage-2 for
means it will fluctuate in line with the economic debtors under the Significant Increase in Credit
cycle. Risk (SICR) condition and Stage-3 for defaulted
debtors with collectability 3, 4, 5 or impaired.
b. Loss Given Default (“LGD”)
The loss that is expected to arise on default, Danamon is also required to calculate Provision
incorporating the impact of relevant forward- for Impairment Assets (PPA) for productive
looking economic assumptions (if any), and non-productive assets, which refer to OJK
which represents the difference between the regulations.
contractual cash flows due and those that the
Bank expects to receive. Danamon estimates e. Disclosure of Danamon Quantitative Credit Risk
LGD based on the historical recovery rates Danamon’s quantitative credit risk calculations for
and considers the recovery of any collateral 2024 are disclosed in the following table:
that is integral to the financial assets with due
consideration of all relevant forward-looking
economic assumptions.
In addition, for capital calculation, Danamon
and its Subsidiary calculate the Provision for
Impairment Lossesfor all productive and non-
productive assets in accordance with prevailing
regulations.
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TABLE 8. DISCLOSURE OF CREDIT QUALITY OF ASSETS (CR1)
i. Bank Only
31 December 2024
No Information
1. Credit
2. Securities
3. Administrative Account Transactions
Total
ii. Bank as Consolidated with Subsidiary
31 December 2024
No Information
1. Credit
2. Securities
3. Administrative Account Transactions
Total
iii. Additional Disclosures
• Gross Carrying amount as the carrying value in the financial statements before taking into account loan loss
provision, without considering CCF and CRM techniques.
• For Past Due Receivables, Danamon refers to the criteria as stipulated in SEOJK No.24/03/2021 concerning
the Calculation Risk Weighted Assets for Credit Risk using the Standardized Approach for Commercial Banks.
TABLE 9. DISCLOSURE OF CREDIT MOVEMENTS AND MATURITY SECURITIES (CR2)
i. Bank Only
(in milion Rupiah)
No Description 31 December 2024
1. Loans and Securities Mature in the previous reporting period 4,117,185
2. Loans and Securities Mature since the last reporting period 1,344,206
3. Loans and Securities that return to become undue bills 49,701
4. Write Offs 3,542,210
5. Other changes 1,862,223
6. Past due Loans and Marketable Securities in Current Reporting Period (1+2-3-4+5) 3,731,703
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(in milion Rupiah)
Gross Carrying Value Allowance for Impairment Lossess (ECL)
ECL - Stage 2
Past Due Non Past Due ECL - IRB Net Value
ECL and ECL Stage 1
Receivables Receivables Approach (a+b-c)
ECL - Stage 3
a b c d e f g
3,731,703 152,744,570 7,514,253 5,604,872 1,909,381 148,962,019
- 24,731,562 225,130 215,559 9,571 24,506,432
38,757 119,013,199 55,285 1,520 53,765 118,996,671
3,770,460 296,489,331 7,794,668 5,821,951 1,972,717 292,465,122
(in milion Rupiah)
Gross Carrying Value Allowance for Impairment Lossess (ECL)
ECL - Stage 2
Past Due Non Past Due ECL - IRB Net Value
ECL and ECL Stage 1
Receivables Receivables Approach (a+b-c)
ECL - Stage 3
a b c d e f g
4,303,411 181,482,917 9,102,139 6,144,901 2,957,238 176,684,189
- 24,665,684 225,130 215,559 9,571 24,440,554
38,757 119,013,199 55,285 1,520 53,765 118,996,671
4,342,168 325,161,800 9,382,554 6,361,980 3,020,574 320,121,414
ii. Bank as Consolidated with Subsidiary
(in milion Rupiah)
No Description 31 December 2024
1. Loans and Securities Mature in the previous reporting period 4,646,214
2. Loans and Securities Mature since the last reporting period 1,642,907
3. Loans and Securities that return to become undue bills 59,907
4. Write Offs 5,803,508
5. Other changes 3,877,704
6. Past due Loans and Marketable Securities in Current Reporting Period (1+2-3-4+5) 4,303,411
iii. Additional Disclosures
▪ Definition of Past Due Receivables refers to the criteria as stipulated in SEOJK No. 24/03/2021 concerning the
Calculation of Risk Weighted Assets for Credit Risk using the Standardized Approach for Commercial Banks.
▪ Past Due Receivables in this table do not consider loan loss provision.
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TABLE 10. DISCLOSURE OF NET RECEIVABLES BY REGION
i. Bank Only
31 December 2024
Jakarta, Bogor,
No Portfolio Category Tangerang,
Central Java
Karawang, West Java
and Yogyakarta
Bekasi, and
Lampung
(1) (2) (3) (4) (5)
1. Receivables on Sovereigns 39,692,232 - -
2. Receivables on Public Sector Entities 1,920,455 63 -
3. Receivables on Multilateral Development Banks and International - - -
Institutions
4. Receivables on Banks 12,704,470 111,690 30,661
5. Receivables Covered Bonds - - -
6. Receivables to securities companies and other financial institutions 10,349,200 - 56,123
7. Receivables of subordinated securities, equity, and other capital 79,813 - -
instruments
8. Loans Secured by Residential Property 13,651,731 1,434,735 849,348
9. Loan Secured by Commercial Real Estate 14,283,325 1,685,760 2,462,506
10. Credit for land acquisition, land processing, and construction - - -
11. Employee/Pensioner Loans - - -
12. Receivables on Micro, Small Business, & Retail Portfolio 16,879,297 2,316,065 1,497,789
13. Receivables on Corporate 59,603,969 1,153,746 1,611,872
14. Past Due Receivables 287,352 23,570 25,914
15. Other Assets 4,511,348 241,112 270,751
Total 173,963,192 6,966,741 6,804,964
190 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 193
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
Net Receivables based on Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
(6) (7) (8) (9) (10) (11) (12)
- - - - - - 39,692,232
378 - 448 - - - 1,921,344
- - - - - - -
22,785 54,114 7,781 - 30,227 82 12,961,810
- - - - - - -
- - 12,167 - 85,119 - 10,502,609
- - - - - - 79,813
1,817,218 310,427 482,839 193,672 766,216 307,718 19,813,904
2,386,978 907,427 1,650,078 1,005,739 2,498,770 1,274,730 28,155,313
- - - - - - -
- - - - - - -
2,853,121 141,355 2,409,511 1,741,426 5,265,298 101,956 33,205,818
1,602,547 162,080 547,634 1,009,620 2,407,837 945,694 69,044,999
20,447 1,498 23,488 11,495 51,490 - 445,254
273,171 203,880 473,538 247,603 400,634 208,163 6,830,200
8,976,645 1,780,781 5,607,484 4,209,555 11,505,591 2,838,343 222,653,296
PT Bank Danamon Indonesia Tbk 2024 Annual Report 191
Page 194
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
Jakarta, Bogor,
No Portfolio Category Tangerang,
Central Java
Karawang, West Java
and Yogyakarta
Bekasi, and
Lampung
(1) (2) (3) (4) (5)
1. Receivables on Sovereigns 33,312,925 - -
2. Receivables on Public Sector Entities 3,411,091 806 -
3. Receivables on Multilateral Development Banks and International - - -
Institutions
4. Receivables on Banks 13,262,544 134,585 50,280
5. Receivables Covered Bonds - - -
6. Receivables to securities companies and other financial institutions 8,835,208 - 3,899
7. Receivables of subordinated securities, equity, and other capital 81,053 - -
instruments
8. Loans Secured by Residential Property 11,806,298 1,214,055 677,739
9. Loan Secured by Commercial Real Estate 11,932,146 1,547,937 2,126,717
10. Credit for land acquisition, land processing, and construction - - -
11. Employee/Pensioner Loans - - -
12. Receivables on Micro, Small Business, & Retail Portfolio 17,197,733 2,347,551 1,430,996
13. Receivables on Corporate 54,179,874 1,252,565 1,385,622
14. Past Due Receivables 345,554 37,230 61,238
15. Other Assets 4,635,678 251,437 298,012
Total 159,000,104 6,786,166 6,034,503
ii. Bank as Consolidated with Subsidiary
31 December 2024
Jakarta, Bogor,
No Portfolio Category Tangerang,
Central Java
Karawang, West Java
and Yogyakarta
Bekasi, and
Lampung
(1) (2) (3) (4) (5)
1. Receivables on Sovereigns 39,704,761 - -
2. Receivables on Public Sector Entities 1,920,974 63 -
3. Receivables on Multilateral Development Banks and International - - -
Institutions
4. Receivables on Banks 13,250,230 111,690 30,661
5. Receivables Covered Bonds - - -
6. Receivables to securities companies and other financial institutions 10,066,771 - 56,123
7. Receivables of subordinated securities, equity, and other capital 1,368,998 - -
instruments
8. Loans Secured by Residential Property 13,651,731 1,434,735 849,348
9. Loan Secured by Commercial Real Estate 14,283,325 1,685,760 2,462,506
10. Credit for land acquisition, land processing, and construction - - -
11. Employee/Pensioner Loans - - -
12. Receivables on Micro, Small Business, & Retail Portfolio 43,952,204 2,316,065 1,497,789
13. Receivables on Corporate 61,306,709 1,153,746 1,611,872
14. Past Due Receivables 496,508 23,570 25,914
15. Other Assets 5,646,659 241,112 270,751
Total 205,648,870 6,966,741 6,804,964
192 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 195
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
Net Receivables based on Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
(6) (7) (8) (9) (10) (11) (12)
- - - - - - 33,312,925
303 - 158 - - - 3,412,358
- - - - - - -
30,305 59,994 9,518 - 15,374 74 13,562,674
- - - - - - -
39,968 - - - 37,887 - 8,916,962
- - - - - - 81,053
1,487,360 288,715 404,502 196,636 647,574 206,704 16,929,583
1,867,162 663,382 1,440,776 851,721 2,338,701 1,023,212 23,791,754
- - - - - - -
- - - - - - -
2,601,219 126,320 2,129,638 1,368,925 5,167,223 109,679 32,479,284
1,193,372 176,015 434,502 835,006 2,021,436 866,123 62,344,515
17,089 - 14,799 8,139 40,091 643 524,778
267,634 157,519 357,960 243,444 408,101 173,148 6,792,938
7,504,412 1,471,945 4,791,853 3,503,871 10,676,387 2,379,583 202,148,824
(in milion Rupiah)
Net Receivables based on Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
(6) (7) (8) (9) (10) (11) (12)
- - - - - - 39,704,761
378 - 448 - - - 1,921,863
- - - - - - -
22,785 54,114 7,781 - 30,227 82 13,507,570
- - - - - - -
- - 12,167 - 85,119 - 10,220,180
- - - - - - 1,368,998
1,817,218 310,427 482,839 193,672 766,216 307,718 19,813,904
2,386,978 907,427 1,650,078 1,005,739 2,498,770 1,274,730 28,155,313
- - - - - - -
- - - - - - -
2,853,121 141,355 2,409,511 1,741,426 5,265,298 101,956 60,278,725
1,602,547 162,080 547,634 1,009,620 2,407,837 945,676 70,747,739
20,447 1,498 23,488 11,495 51,490 - 654,392
273,171 203,880 473,538 247,603 400,634 208,163 7,922,157
8,976,645 1,780,781 5,607,484 4,209,555 11,505,591 2,838,325 254,295,602
PT Bank Danamon Indonesia Tbk 2024 Annual Report 193
Page 196
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
Jakarta, Bogor,
No Portfolio Category Tangerang,
Central Java
Karawang, West Java
and Yogyakarta
Bekasi, and
Lampung
(1) (2) (3) (4) (5)
1. Receivables on Sovereigns 33,312,925 - -
2. Receivables on Public Sector Entities 3,411,756 806 -
3. Receivables on Multilateral Development Banks and International - - -
Institutions
4. Receivables on Banks 13,857,985 134,585 50,280
5. Receivables Covered Bonds - - -
6. Receivables to securities companies and other financial institutions 7,794,481 - 3,899
7. Receivables of subordinated securities, equity, and other capital 467,413 - -
instruments
8. Loans Secured by Residential Property 11,806,298 1,214,055 677,739
9. Loan Secured by Commercial Real Estate 11,932,146 1,547,937 2,126,717
10. Credit for land acquisition, land processing, and construction - - -
11. Employee/Pensioner Loans - - -
12. Receivables on Micro, Small Business, & Retail Portfolio 44,238,643 2,347,551 1,430,996
13. Receivables on Corporate 55,689,116 1,252,565 1,385,622
14. Past Due Receivables 577,379 37,230 61,238
15. Other Assets 5,686,287 251,437 298,012
Total 188,774,429 6,786,166 6,034,503
194 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 197
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
Net Receivables based on Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
(6) (7) (8) (9) (10) (11) (12)
- - - - - - 33,312,925
303 - 158 - - - 3,413,023
- - - - - - -
30,305 59,994 9,518 - 15,374 74 14,158,115
- - - - - - -
39,968 - - - 37,887 - 7,876,235
- - - - - - 467,413
1,487,360 288,715 404,502 196,636 647,574 206,704 16,929,583
1,867,162 663,382 1,440,776 851,721 2,338,701 1,023,212 23,791,754
- - - - - - -
- - - - - - -
2,601,219 126,320 2,129,638 1,368,925 5,167,223 109,679 59,520,194
1,193,372 176,015 434,502 835,006 2,021,436 866,123 63,853,757
17,089 - 14,799 8,139 40,091 643 756,603
267,634 157,519 357,960 243,444 408,101 173,148 7,843,547
7,504,412 1,471,945 4,791,853 3,503,871 10,676,387 2,379,583 231,923,148
PT Bank Danamon Indonesia Tbk 2024 Annual Report 195
Page 198
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 11. DISCLOSURE OF NET RECEIVABLES BY ECONOMIC SECTOR
i. Bank Only
31 December 2024
Receivables
Receivables on Multilateral
No Economic Sectors Receivables Receivables
on Public Development Receivables
on Covered
Sector Banks and on Banks
Sovereigns Bonds
Entities International
Institutions
a b c d e f g
1. Agriculture, Forestry, and Fisheries - - - - -
2. Mining and Quarrying - - - - -
3. Processing Industries - 26,368 - - -
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air - - - - -
5. Water Management, Wastewater Management, Waste - 1,401 - - -
Management and Recycling, and Remediation Activities
6. Construction - 258,059 - - -
7. Wholesale and Retail Trade; Car and Motorcycle Repair and - - - - -
Maintenance
8. Transportation and Warehousing - 1,146,064 - - -
9. Provision of Accommodation and Provision of Food and Drink - - - - -
10. Information and Communication - - - - -
11. Financial and Insurance Activities 2,746,773 150,000 - 12,960,335 -
12. Real Estate - - - - -
13. Professional, Scientific, and Technical Activities - - - - -
14. Leasing and Leasing Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social - 182 - - -
Security
16. Education - - - - -
17. Human Health Activities and Social Activities - - - - -
18. Art, Entertainment, and Leisure Activities - - - - -
19. Other Service Activities - - - - -
20. Household Activities as an Employer; Activities that Produce - - - - -
Goods and Services by Households Used to Meet Their Own
Needs
21. Activities of international bodies and other extra-international - - - - -
bodies
22. Household - 901 - 1,475 -
23. Not Other Business Fields - - - - -
24. Other 36,945,459 338,369 - - -
Total 39,692,232 1,921,344 - 12,961,810 -
196 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 199
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
31 December 2024
Receivables Credit
Receivables Receivables
of for land
to securities Loans Loan on Micro,
Subordinated acquisition, Employee/
companies Secured by Secured by Small Receivables Past Due
Securities, land Pensioner Other Assets
and other Residential Commercial Business on Corporate Receivables
Equity, and processing Loans
financial Property Real Estate & Retail
Other Capital and
institutions Portfolio
Instruments construction
h i j k l m n o p q
- - 63,774 1,755,252 - - 1,468,120 1,248,102 15,120 -
- - - 19,549 - - 110,979 146,884 8,328 -
- - 760,591 5,600,922 - - 756,006 24,750,952 75,516 -
- - 5,936 10,428 - - 69,307 1,616,245 558 -
- - 1,513 6,938 - - 88,345 1,821,100 446 -
4,245 - 344,467 489,822 - - 225,924 1,849,084 2,793 -
28,071 - 3,454,151 11,506,856 - - 4,561,961 13,717,044 38,859 -
5,620 - 236,504 454,958 - - 869,373 414,758 10,795 -
- - 27,609 234,531 - - 204,869 68,148 745 -
20,347 - 72,980 91,033 - - 33,610 5,071,866 183 -
10,433,630 - 995 2,989 - - 31,970 2,773,453 14,314 -
- - 31,908 5,942,640 - - 55,194 3,778,613 192 -
- - 42,174 28,239 - - 56,189 28,615 81 -
7,893 - 116,402 276,203 - - 618,627 908,619 6,054 -
- - - - - - 585 5,148 57 -
- - 2,437 3,548 - - 7,054 5,095 29 -
- - 4,783 171,678 - - 20,225 24,430 32 -
- - - 1,285 - - 5,367 47 86 -
- - 3,368 3,134 - - 35,346 6,291 115 -
- - - - - - 10,583 274 10 -
- - - - - - - - - -
2,803 - 14,516,970 1,555,308 - - 23,365,877 101,236 270,605 -
- - 127,342 - - - 19,494 - 268 -
- 79,813 - - - - 590,813 10,708,995 68 6,830,200
10,502,609 79,813 19,813,904 28,155,313 - - 33,205,818 69,044,999 445,254 6,830,200
PT Bank Danamon Indonesia Tbk 2024 Annual Report 197
Page 200
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
Receivables
Receivables on Multilateral
No Economic Sectors Receivables Receivables
on Public Development Receivables
on Covered
Sector Banks and on Banks
Sovereigns Bonds
Entities International
Institutions
a b c d e f g
1. Agriculture, Forestry, and Fisheries - - - - -
2. Mining and Quarrying - - - - -
3. Processing Industries - 35,000 - - -
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air - - - - -
5. Water Management, Wastewater Management, Waste - 1,990 - - -
Management and Recycling, and Remediation Activities
6. Construction - 2,086,272 - - -
7. Wholesale and Retail Trade; Car and Motorcycle Repair and - - - - -
Maintenance
8. Transportation and Warehousing - 1,186,141 - - -
9. Provision of Accommodation and Provision of Food and Drink - - - - -
10. Information and Communication - - - - -
11. Financial and Insurance Activities 1,417,586 - - 13,561,366 -
12. Real Estate - - - - -
13. Professional, Scientific, and Technical Activities - - - - -
14. Leasing and Leasing Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social - 273 - - -
Security
16. Education - - - - -
17. Human Health Activities and Social Activities - - - - -
18. Art, Entertainment, and Leisure Activities - - - - -
19. Other Service Activities - - - - -
20. Household Activities as an Employer; Activities that Produce - - - - -
Goods and Services by Households Used to Meet Their Own
Needs
21. Activities of international bodies and other extra-international - - - - -
bodies
22. Household - 782 - 1,308 -
23. Not Other Business Fields - - - - -
24. Other 31,895,339 101,900 - - -
Total 33,312,925 3,412,358 - 13,562,674 -
198 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 201
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
31 December 2023
Receivables Credit
Receivables Receivables
of for land
to securities Loans Loan on Micro,
Subordinated acquisition, Employee/
companies Secured by Secured by Small Receivables Past Due
Securities, land Pensioner Other Assets
and other Residential Commercial Business on Corporate Receivables
Equity, and processing Loans
financial Property Real Estate & Retail
Other Capital and
institutions Portfolio
Instruments construction
h i j k l m n o p q
- - 54,365 1,284,085 - - 1,450,601 2,050,531 14,106 -
- - - 27,066 - - 141,878 1,565,211 7,436 -
754 - 714,876 5,020,264 - - 668,985 22,437,857 120,753 -
- - - 4,721 - - 67,171 1,292,426 235 -
- - - 6,111 - - 77,845 3,012,501 819 -
3,899 - 332,577 447,741 - - 232,467 1,736,011 56,649 -
17,800 - 3,327,337 9,900,553 - - 4,217,177 10,612,442 52,004 -
- - 166,651 337,850 - - 840,391 474,483 8,501 -
- - 34,364 271,004 - - 171,860 30,302 1,119 -
1,000 - 65,521 90,041 - - 21,865 4,722,359 3,988 -
8,890,670 - 1,042 3,411 - - 21,173 1,837,057 3,097 -
- - 26,718 5,022,435 - - 31,632 3,395,974 249 -
- - 42,205 21,949 - - 35,426 67,495 39 -
- - 88,793 187,871 - - 775,580 750,994 8,744 -
- - - - - - 1,740 - - -
- - - 10,750 - - 5,697 5,943 4 -
- - 1,042 16,498 - - 18,588 2,912 19 -
- - 1,453 5,949 - - 4,228 32 19 -
- - 4,449 3,031 - - 29,079 5,007 399 -
- - 799 - - - 7,096 58 69 -
- - - - - - - - - -
2,839 - 11,907,258 1,130,424 - - 23,035,510 156,290 246,451 -
- - 160,133 - - - 56,489 - 78 -
- 81,053 - - - - 566,806 8,188,630 - 6,792,938
8,916,962 81,053 16,929,583 23,791,754 - - 32,479,284 62,344,515 524,778 6,792,938
PT Bank Danamon Indonesia Tbk 2024 Annual Report 199
Page 202
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ii. Bank as Consolidated with Subsidiary
31 December 2024
Receivables
Receivables on
No Economic Sectors Receivables Multilateral Receivables Receivables
on Public
on Development Covered
Sector on Banks
Sovereigns Banks and Bonds
Entities
International
Institutions
a b c d e f g
1. Agriculture, Forestry, and Fisheries - - - - -
2. Mining and Quarrying - - - - -
3. Processing Industries - 26,368 - - -
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air - - - - -
5. Water Management, Wastewater Management, Waste - 1,401 - - -
Management and Recycling, and Remediation Activities
6. Construction - 258,059 - - -
7. Wholesale and Retail Trade; Car and Motorcycle Repair and - - - - -
Maintenance
8. Transportation and Warehousing - 1,146,064 - - -
9. Provision of Accommodation and Provision of Food and Drink - - - - -
10. Information and Communication - - - - -
11. Financial and Insurance Activities 2,746,773 150,000 - 12,659,590 -
12. Real Estate - - - - -
13. Professional, Scientific, and Technical Activities - - - - -
14. Leasing and Leasing Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social - 182 - - -
Security
16. Education - - - - -
17. Human Health Activities and Social Activities - - - - -
18. Art, Entertainment, and Leisure Activities - - - - -
19. Other Service Activities - - - - -
20. Household Activities as an Employer; Activities that Produce - - - - -
Goods and Services by Households Used to Meet Their Own
Needs
21. Activities of international bodies and other extra-international - - - - -
bodies
22. Household - 901 - 1,475 -
23. Not Other Business Fields - - - - -
24. Other 36,957,988 338,888 - 846,505 -
Total 39,704,761 1,921,863 - 13,507,570 -
200 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 203
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
31 December 2024
Receivables Receivables Credit
Receivables
to securities of Loans Loan for land
Employee/ on Micro,
companies Subordinated Secured by Secured by acquisition,
Small
Receivables
Past Due Other
Securities, land Pensioner on
and other Residential Commercial Business Receivables Assets
Equity, and processing Loans Corporate
financial Property Real Estate & Retail
institutions Other Capital and
Portfolio
Instruments construction
h i j k l m n o p q
- - 63,774 1,755,252 - - 1,468,120 1,248,102 15,120 -
- - - 19,549 - - 110,979 146,884 8,328 -
- - 760,591 5,600,922 - - 756,006 24,750,952 75,516 -
- - 5,936 10,428 - - 69,307 1,616,245 558 -
- - 1,513 6,938 - - 88,345 1,821,100 446 -
4,245 - 344,467 489,822 - - 225,924 1,849,084 2,793 -
28,071 - 3,454,151 11,506,856 - - 4,561,961 13,717,044 38,859 -
5,620 - 236,504 454,958 - - 869,373 414,758 10,795 -
- - 27,609 234,531 - - 204,869 68,148 745 -
20,347 - 72,980 91,033 - - 33,610 5,071,866 183 -
10,151,201 - 995 2,989 - - 31,970 2,773,453 14,314 -
- - 31,908 5,942,640 - - 55,194 3,778,613 192 -
- - 42,174 28,239 - - 56,189 28,615 81 -
7,893 - 116,402 276,203 - - 618,627 908,619 6,054 -
- - - - - - 585 5,148 57 -
- - 2,437 3,548 - - 7,054 5,095 29 -
- - 4,783 171,678 - - 20,225 24,430 32 -
- - - 1,285 - - 5,367 47 86 -
- - 3,368 3,134 - - 35,346 6,291 115 -
- - - - - - 10,583 274 10 -
- - - - - - - - - -
2,803 - 14,516,970 1,555,308 - - 23,365,877 101,236 270,605 -
- - 127,342 - - - 19,494 - 268 -
- 1,368,998 - - - - 27,663,720 12,411,735 209,206 7,922,157
10,220,180 1,368,998 19,813,904 28,155,313 - - 60,278,725 70,747,739 654,392 7,922,157
PT Bank Danamon Indonesia Tbk 2024 Annual Report 201
Page 204
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
Receivables
Receivables on Multilateral
No Economic Sectors Receivables Receivables
on Public Development Receivables
on Covered
Sector Banks and on Banks
Sovereigns Bonds
Entities International
Institutions
a b c d e f g
1. Agriculture, Forestry, and Fisheries - - - - -
2. Mining and Quarrying - - - - -
3. Processing Industries - 35,000 - - -
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air - - - - -
5. Water Management, Wastewater Management, Waste - 1,990 - - -
Management and Recycling, and Remediation Activities
6. Construction - 2,086,272 - - -
7. Wholesale and Retail Trade; Car and Motorcycle Repair and - - - - -
Maintenance
8. Transportation and Warehousing - 1,186,141 - - -
9. Provision of Accommodation and Provision of Food and Drink - - - - -
10. Information and Communication - - - - -
11. Financial and Insurance Activities 1,417,586 - - 14,141,711 -
12. Real Estate - - - - -
13. Professional, Scientific, and Technical Activities - - - - -
14. Leasing and Leasing Activities Without Option Rights, - - - - -
Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social - 273 - - -
Security
16. Education - - - - -
17. Human Health Activities and Social Activities - - - - -
18. Art, Entertainment, and Leisure Activities - - - - -
19. Other Service Activities - - - - -
20. Household Activities as an Employer; Activities that Produce - - - - -
Goods and Services by Households Used to Meet Their Own
Needs
21. Activities of international bodies and other extra-international - - - - -
bodies
22. Household - 782 - 1,308 -
23. Not Other Business Fields - - - - -
24. Other 31,895,339 102,565 - 15,096 -
Total 33,312,925 3,413,023 - 14,158,115 -
202 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 205
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in milion Rupiah)
31 December 2023
Receivables Credit
Receivables Receivables
of for land
to securities Loans Loan on Micro,
Subordinated acquisition, Employee/
companies Secured by Secured by Small Receivables Past Due
Securities, land Pensioner Other Assets
and other Residential Commercial Business on Corporate Receivables
Equity, and processing Loans
financial Property Real Estate & Retail
Other Capital and
institutions Portfolio
Instruments construction
h i j k l m n o p q
- - 54,365 1,284,085 - - 1,450,601 2,050,531 14,106 -
- - - 27,066 - - 141,878 1,565,211 7,436 -
754 - 714,876 5,020,264 - - 668,985 22,437,857 120,753 -
- - - 4,721 - - 67,171 1,292,423 235 -
- - - 6,111 - - 77,845 3,012,501 819 -
3,899 - 332,577 447,741 - - 232,467 1,736,011 56,649 -
17,800 - 3,327,334 9,900,553 - - 4,217,177 10,612,442 52,004 -
- - 166,651 337,850 - - 840,391 474,483 8,501 -
- - 34,367 271,002 - - 171,860 30,305 1,119 -
1,000 - 65,521 90,041 - - 21,865 4,722,359 3,989 -
7,849,944 - 1,042 3,411 - - 21,173 1,837,057 3,097 -
- - 26,718 5,022,435 - - 31,632 3,395,974 249 -
- - 42,205 21,949 - - 35,426 67,495 39 -
- - 88,793 187,871 - - 775,580 750,994 8,744 -
- - - - - - 1,740 - - -
- - - 10,750 - - 5,697 5,943 4 -
- - 1,042 16,498 - - 18,588 2,912 19 -
- - 1,453 5,949 - - 4,228 32 19 -
- - 4,449 3,031 - - 29,079 5,007 399 -
- - 799 - - - 7,096 58 69 -
- - - - - - - - - -
2,838 - 11,907,258 1,130,426 - - 23,035,510 156,290 246,451 -
- - 160,133 - - - 56,489 - 78 -
- 467,413 - - - - 27,607,716 9,697,872 231,824 7,843,547
7,876,235 467,413 16,929,583 23,791,754 - - 59,520,194 63,853,757 756,603 7,843,547
PT Bank Danamon Indonesia Tbk 2024 Annual Report 203
Page 206
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 12. DISCLOSURE OF NET RECEIVABLES BASED ON REMAINING CONTRACT TERM
i. Bank Only
No Portfolio Category
a b
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
5. Receivables Covered Bonds
6. Receivables to securities companies and other financial institutions
7. Receivables of subordinated securities, equity, and other capital instruments
8. Loans Secured by Residential Property
9. Loan Secured by Commercial Real Estate
10. Credit for land acquisition, land processing, and construction
11. Employee/Pensioner Loans
12. Receivables on Micro, Small Business, & Retail Portfolio
13. Receivables on Corporate
14. Past Due Receivables
15. Other Assets
Total
No Portfolio Category
a b
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
5. Receivables Covered Bonds
6. Receivables to securities companies and other financial institutions
7. Receivables of subordinated securities, equity, and other capital instruments
8. Loans Secured by Residential Property
9. Loan Secured by Commercial Real Estate
10. Credit for land acquisition, land processing, and construction
11. Employee/Pensioner Loans
12. Receivables on Micro, Small Business, & Retail Portfolio
13. Receivables on Corporate
14. Past Due Receivables
15. Other Assets
Total
204 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 207
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
31 December 2024
Net Receivables by Remaining Contractual Maturity
≤ 1 year > 1 year - 3 years > 3 years - 5 years > 5 years Non Contractual Total
c d e f g h
14,680,544 5,341,112 917,296 10,303,494 8,449,786 39,692,232
572,906 201,415 925 1,146,098 - 1,921,344
- - - - - -
4,199,513 3,381,400 4,207,735 48,330 1,124,832 12,961,810
- - - - - -
2,991,826 3,288,723 3,602,297 619,763 - 10,502,609
79,813 - - - - 79,813
4,721,201 734,258 1,417,657 12,940,788 - 19,813,904
15,933,523 5,455,262 1,266,329 5,500,199 - 28,155,313
- - - - - -
- - - - - -
5,907,852 15,286,059 11,062,697 949,203 7 33,205,818
49,211,259 7,859,740 5,961,799 6,011,679 522 69,044,999
108,478 149,197 116,595 70,984 - 445,254
- - - - 6,830,200 6,830,200
98,406,915 41,697,166 28,553,330 37,590,538 16,405,347 222,653,296
(in million Rupiah)
31 December 2023
Net Receivables by Remaining Contractual Maturity
≤ 1 year > 1 year - 3 years > 3 years - 5 years > 5 years Non Contractual Total
c d e f g h
14,989,154 6,759,480 1,609,102 3,420,937 6,534,253 33,312,925
2,223,817 1,192 1,208 1,186,141 - 3,412,358
- - - - - -
4,563,777 7,227,671 143,601 88,780 1,538,845 13,562,674
- - - - - -
2,704,121 1,972,247 3,971,932 268,663 - 8,916,962
81,053 - - - - 81,053
4,394,501 663,063 1,348,502 10,523,515 - 16,929,583
13,629,507 794,223 5,447,816 3,920,208 - 23,791,754
- - - - - -
- - - - - -
5,514,656 13,986,835 12,685,504 292,283 6 32,479,284
44,797,423 6,787,096 5,852,198 4,907,357 440 62,344,515
136,633 191,389 137,015 59,741 - 524,778
- - - - 6,792,938 6,792,938
93,034,642 38,383,196 31,196,878 24,667,625 14,866,482 202,148,824
PT Bank Danamon Indonesia Tbk 2024 Annual Report 205
Page 208
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ii. Bank as Consolidated with Subsidiary
No Portfolio Category
a b
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
5. Receivables Covered Bonds
6. Receivables to securities companies and other financial institutions
7. Receivables of subordinated securities, equity, and other capital instruments
8. Loans Secured by Residential Property
9. Loan Secured by Commercial Real Estate
10. Credit for land acquisition, land processing, and construction
11. Employee/Pensioner Loans
12. Receivables on Micro, Small Business, & Retail Portfolio
13. Receivables on Corporate
14. Past Due Receivables
15. Other Assets
Total
No Portfolio Category
a b
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
5. Receivables Covered Bonds
6. Receivables to securities companies and other financial institutions
7. Receivables of subordinated securities, equity, and other capital instruments
8. Loans Secured by Residential Property
9. Loan Secured by Commercial Real Estate
10. Credit for land acquisition, land processing, and construction
11. Employee/Pensioner Loans
12. Receivables on Micro, Small Business, & Retail Portfolio
13. Receivables on Corporate
14. Past Due Receivables
15. Other Assets
Total
206 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 209
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
31 December 2024
Net Receivables by Remaining Contractual Maturity
≤ 1 year > 1 year - 3 year > 3 year - 5 year > 5 year Non Contractual Total
c d e f g h
14,680,544 5,341,112 917,296 10,303,494 8,462,315 39,704,761
573,425 201,415 925 1,146,098 - 1,921,863
- - - - - -
4,745,273 3,381,400 4,207,735 48,330 1,124,832 13,507,570
- - - - - -
2,709,397 3,288,723 3,602,297 619,763 - 10,220,180
70,985 - - - 1,298,013 1,368,998
4,721,201 734,258 1,417,657 12,940,788 - 19,813,904
15,933,523 5,455,262 1,266,329 5,500,199 - 28,155,313
- - - - - -
- - - - - -
32,980,758 15,286,059 11,062,697 949,203 8 60,278,725
50,914,000 7,859,740 5,961,799 6,011,679 521 70,747,739
317,615 149,197 116,595 70,985 - 654,392
- - - - 7,922,157 7,922,157
127,646,721 41,697,166 28,553,330 37,590,538 18,807,846 254,295,602
(in million Rupiah)
31 December 2023
Net Receivables by Remaining Contractual Maturity
≤ 1 year > 1 year - 3 year > 3 year - 5 year > 5 year Non Contractual Total
c d e f g h
14,989,154 6,759,480 1,609,102 3,420,937 6,534,253 33,312,925
2,224,482 1,192 1,208 1,186,141 - 3,413,023
- - - - - -
5,159,219 7,227,671 143,601 88,780 1,538,845 14,158,115
- - - - - -
1,663,394 1,972,247 3,971,932 268,663 - 7,876,235
81,053 - - - 386,360 467,413
4,394,501 663,063 1,348,502 10,523,515 - 16,929,583
13,629,507 794,223 5,447,816 3,920,208 - 23,791,754
- - - - - -
- - - - - -
32.555.572 13,986,835 12,685,504 292,283 - 59,520,194
46,218,332 6,787,096 5,852,198 4,907,357 88,772 63,853,757
368,457 191,389 137,015 59,741 - 756,603
- - - - 7,843,547 7,843,547
121,283,671 38,383,196 31,196,878 24,667,625 16,391,777 231,923,148
PT Bank Danamon Indonesia Tbk 2024 Annual Report 207
Page 210
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 13. DISCLOSURE OF RECEIVABLES AND PROVISIONS BY REGION
i. Bank Only
31 December 2024
Jakarta, Bogor,
No Description Tangerang,
Central Java and
Karawang, West Java
Yogyakarta
Bekasi, and
Lampung
a b c d e
1. Receivables 281,142,462 9,660,128 10,585,746
2. Increased and impaired credit risk receivables (Stage 2 and Stage 3) 8,584,960 831,849 657,104
a. Non Past Due 6,784,544 502,737 137,418
b. Past Due 1,800,416 329,112 519,686
3. Allowance for Impairment Losses - Stage 1 1,346,633 85,434 82,418
4. Allowance for Impairment Losses - Stage 2 484,283 117,077 48,052
5. Allowance for Impairment Losses - Stage 3 3,252,567 356,579 489,106
6. Written-Off Receivables 1,748,721 348,458 250,753
31 December 2023
Jakarta, Bogor,
No Description Tangerang,
Central Java and
Karawang, West Java
Yogyakarta
Bekasi, and
Lampung
a b c d e
1. Receivables 247,979,341 9,397,719 9,403,689
2. Increased and impaired credit risk receivables (Stage 2 and Stage 3) 6,874,536 1,028,152 847,484
a. Non Past Due 4,904,160 667,753 239,759
b. Past Due 1,970,376 360,399 607,725
3. Allowance for Impairment Losses - Stage 1 1,266,183 112,910 56,189
4. Allowance for Impairment Losses - Stage 2 575,894 133,935 61,167
5. Allowance for Impairment Losses - Stage 3 2,947,213 395,879 560,369
6. Written-Off Receivables 1,301,991 336,743 205,713
208 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 211
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
f g h i j k l
11,386,864 2,340,677 7,147,245 5,894,016 15,832,631 4,574,114 348,563,883
550,016 194,869 417,424 288,599 573,420 83,032 12,181,273
291,073 144,690 297,688 161,286 328,778 38,261 8,686,475
258,943 50,179 119,736 127,313 244,642 44,771 3,494,798
129,197 11,058 110,100 67,444 218,754 26,432 2,077,470
101,773 26,747 51,973 40,576 45,262 11,524 927,267
245,279 42,369 94,332 122,387 255,310 38,136 4,896,065
320,312 26,147 218,309 156,414 467,231 5,865 3,542,210
(in million Rupiah)
Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
f g h i j k l
9,821,498 2,025,984 6,412,425 5,199,795 15,068,640 3,621,638 308,930,729
640,124 288,234 386,077 318,041 612,900 92,969 11,088,517
324,709 216,881 253,727 183,670 366,608 61,343 7,218,610
315,415 71,353 132,350 134,371 246,292 31,626 3,869,907
105,299 8,006 106,089 55,358 235,274 16,040 1,961,348
94,625 26,471 43,476 26,521 60,167 19,958 1,042,214
329,471 68,377 112,150 153,824 220,896 24,067 4,812,246
209,343 47,533 116,990 78,400 349,813 59,138 2,705,664
PT Bank Danamon Indonesia Tbk 2024 Annual Report 209
Page 212
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ii. Bank as Consolidated with Subsidiary
31 December 2024
Jakarta, Bogor,
No Description Tangerang,
Central Java and
Karawang, West Java
Yogyakarta
Bekasi, and
Lampung
a b c d e
1. Receivables 282,103,084 11,788,259 12,986,612
2. Increased and impaired credit risk receivables (Stage 2 and Stage 3) 8,937,032 987,602 809,618
a. Non Past Due 6,979,590 599,006 233,480
b. Past Due 1,957,442 388,596 576,138
3. Allowance for Impairment Losses - Stage 1 1,613,557 166,824 165,722
4. Allowance for Impairment Losses - Stage 2 523,354 136,377 66,873
5. Allowance for Impairment Losses - Stage 3 3,360,608 394,850 528,486
6. Written-Off Receivables 2,377,041 568,929 440,254
31 December 2023
Jakarta, Bogor,
No Description Tangerang,
Central Java and
Karawang, West Java
Yogyakarta
Bekasi, and
Lampung
a b c d e
1. Receivables 246,912,634 11,472,839 11,572,324
2. Increased and impaired credit risk receivables (Stage 2 and Stage 3) 7,236,738 1,167,813 966,866
a. Non Past Due 5,132,604 753,741 315,591
b. Past Due 2,104,134 414,072 651,275
3. Allowance for Impairment Losses - Stage 1 1,563,068 206,005 138,926
4. Allowance for Impairment Losses - Stage 2 622,595 153,017 77,838
5. Allowance for Impairment Losses - Stage 3 3,031,885 427,020 587,898
6. Written-Off Receivables 1,634,046 472,087 323,093
210 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 213
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
f g h i j k l
15,600,652 2,340,677 11,510,131 8,254,655 21,563,965 4,574,114 370,722,149
724,868 194,869 656,740 402,164 876,478 83,032 13,672,403
391,136 144,690 464,592 233,403 521,871 38,261 9,606,029
333,732 50,179 192,148 168,761 354,607 44,771 4,066,374
267,387 11,058 278,003 161,723 434,622 26,432 3,125,328
121,892 26,747 70,623 53,620 79,077 11,524 1,090,087
295,239 42,369 133,608 152,391 327,587 38,136 5,273,274
596,319 26,147 514,997 332,861 941,095 5,865 5,803,508
(in million Rupiah)
Region
Sulawesi,
Bali, NTT, and
East Java Maluku, and Kalimantan North Sumatra South Sumatra Total
NTB
Papua
f g h i j k l
13,819,132 2,025,984 11,101,733 7,676,862 21,084,657 3,621,638 329,287,803
818,389 288,234 548,762 393,581 1,004,304 92,969 12,517,656
424,261 216,881 346,191 226,324 642,810 61,343 8,119,746
394,128 71,353 202,571 167,257 361,494 31,626 4,397,910
248,323 8,006 287,238 162,298 469,093 16,040 3,098,997
114,490 26,471 52,065 32,900 110,121 19,958 1,209,455
377,641 68,377 148,207 176,348 289,381 24,067 5,130,824
433,588 47,533 415,317 175,310 657,504 59,138 4,217,616
PT Bank Danamon Indonesia Tbk 2024 Annual Report 211
Page 214
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 14. DISCLOSURE OF RECEIVABLES AND PROVISIONS BY ECONOMIC SECTOR
i. Bank Only
31 December 2024
No Economic Sectors
a b
1. Agriculture, Forestry, and Fisheries
2. Mining and Quarrying
3. Processing Industries
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air
5. Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6. Construction
7. Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance
8. Transportation and Warehousing
9. Provision of Accommodation and Provision of Food and Drink
10. Information and Communication
11. Financial and Insurance Activities
12. Real Estate
13. Professional, Scientific, and Technical Activities
14. Leasing and Leasing Activities Without Option Rights, Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social Security
16. Education
17. Human Health Activities and Social Activities
18. Art, Entertainment, and Leisure Activities
19. Other Service Activities
20. Household Activities as an Employer; Activities that Produce Goods and Services by Households Used to Meet Their Own Needs
21. Activities of international bodies and other extra-international bodies
22. Household
23. Not Other Business Fields
24. Other
Total
212 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 215
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Impaired Receivables
Written-Off
Receivables ECL - Stage 1 ECL - Stage 2 ECL - Stage 3
Receivables
Non Past Due Past Due
c d e f g h i
6,937,352 223,811 26,022 66,186 6,683 71,269 168,411
560,489 6,163 161,589 5,789 837 155,227 75,208
58,452,832 3,422,866 726,560 220,914 139,553 1,665,050 214,854
2,801,213 1,480 1,560 6,985 227 1,404 3,897
2,999,535 4,947 1,664 18,305 879 1,248 8,173
8,372,021 122,318 363,884 33,944 57,102 338,170 134,699
58,027,591 1,605,875 1,180,058 368,135 304,211 1,354,967 895,189
4,130,861 1,379,314 47,697 36,148 11,004 180,812 91,312
805,772 214,514 24,293 7,217 16,654 121,539 14,828
9,531,778 12,785 67,702 32,480 30,005 40,110 7,507
48,437,354 7,215 223 70,335 5,607 512 2,921
12,598,007 772 2,319 35,705 401 2,160 2,136
180,818 10,927 7,247 1,161 6,633 1,584 5,286
2,804,085 51,418 25,444 25,318 13,470 22,889 75,405
6,052 - 135 25 - 79 620
22,630 99 2,021 228 8 1,992 124
1,010,478 652 248 1,108 88 217 1,146
8,292 77 183 160 13 97 356
70,421 3,450 2,359 1,144 246 2,254 2,833
11,813 234 917 352 38 907 1,063
- - - - - - -
50,665,369 1,098,479 850,323 1,078,960 330,509 716,861 163,889
149,844 3,593 2,050 1,482 1,819 920 1,669,704
79,979,276 515,486 300 65,389 1,280 215,797 2,649
348,563,883 8,686,475 3,494,798 2,077,470 927,267 4,896,065 3,542,210
PT Bank Danamon Indonesia Tbk 2024 Annual Report 213
Page 216
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
No Economic Sectors
a b
1. Agriculture, Forestry, and Fisheries
2. Mining and Quarrying
3. Processing Industries
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air
5. Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6. Construction
7. Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance
8. Transportation and Warehousing
9. Provision of Accommodation and Provision of Food and Drink
10. Information and Communication
11. Financial and Insurance Activities
12. Real Estate
13. Professional, Scientific, and Technical Activities
14. Leasing and Leasing Activities Without Option Rights, Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social Security
16. Education
17. Human Health Activities and Social Activities
18. Art, Entertainment, and Leisure Activities
19. Other Service Activities
20. Household Activities as an Employer; Activities that Produce Goods and Services by Households Used to Meet Their Own Needs
21. Activities of international bodies and other extra-international bodies
22. Household
23. Not Other Business Fields
24. Other
Total
214 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 217
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Impaired Receivables
Written-Off
Receivables ECL - Stage 1 ECL - Stage 2 ECL - Stage 3
Receivables
Non Past Due Past Due
c d e f g h i
6,767,428 198,238 29,540 67,967 5,156 82,406 125,722
2,085,187 21,564 184,923 11,440 268 179,465 33,735
52,894,201 1,605,888 991,174 146,178 125,203 1,454,653 203,553
2,244,935 1,262 806 7,478 101 814 2,432
3,104,384 2,568 1,145 12,014 438 818 4,246
7,176,663 168,295 320,735 91,873 78,237 299,788 61,909
50,866,757 1,610,314 1,396,884 310,344 350,721 1,437,298 711,740
4,004,095 1,483,582 50,722 40,733 12,171 188,980 55,712
738,811 340,398 9,416 7,155 11,847 148,269 10,676
9,320,021 23,276 36,961 27,868 3,906 36,946 1,144
37,910,219 8,047 208 36,547 71 184 21,916
11,080,985 1,609 550 30,298 1,168 393 1,162
185,839 21,521 5,364 1,015 4,542 5,312 722
2,404,982 53,918 49,813 37,102 20,055 38,620 43,288
2,074 205 - 72 61 - -
23,085 4,083 31 301 278 28 373
47,107 341 125 1,497 65 153 285
16,472 8,323 109 168 135 90 97
54,186 1,617 777 1,124 66 491 984
8,363 350 302 1,063 78 263 136
- - - - - - -
46,828,226 1,161,582 706,958 1,091,685 425,422 585,672 1,177,339
217,956 8,583 405 7,027 973 282 238,088
70,948,754 493,045 82,960 30,397 1,252 351,322 10,405
308,930,729 7,218,609 3,869,908 1,961,348 1,042,214 4,812,246 2,705,664
PT Bank Danamon Indonesia Tbk 2024 Annual Report 215
Page 218
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
ii. Bank as Consolidated with Subsidiary
31 December 2024
No Economic Sectors
a b
1. Agriculture, Forestry, and Fisheries
2. Mining and Quarrying
3. Processing Industries
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air
5. Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6. Construction
7. Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance
8. Transportation and Warehousing
9. Provision of Accommodation and Provision of Food and Drink
10. Information and Communication
11. Financial and Insurance Activities
12. Real Estate
13. Professional, Scientific, and Technical Activities
14. Leasing and Leasing Activities Without Option Rights, Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social Security
16. Education
17. Human Health Activities and Social Activities
18. Art, Entertainment, and Leisure Activities
19. Other Service Activities
20. Household Activities as an Employer; Activities that Produce Goods and Services by Households Used to Meet Their Own Needs
21. Activities of international bodies and other extra-international bodies
22. Household
23. Not Other Business Fields
24. Other
Total
216 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 219
Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Impaired Receivables
Written-Off
Receivables ECL - Stage 1 ECL - Stage 2 ECL - Stage 3
Receivables
Non Past Due Past Due
c d e f g h i
8,206,189 267,380 48,613 103,415 14,605 87,434 296,137
1,385,277 16,034 165,465 23,319 1,744 157,242 120,512
58,923,780 3,439,022 733,894 234,238 142,424 1,669,949 243,409
2,870,025 3,441 2,184 8,852 613 1,863 6,169
3,062,884 7,839 2,651 20,568 1,408 2,023 12,665
8,685,575 135,813 371,624 42,771 58,870 343,532 149,773
60,557,025 1,697,327 1,232,971 445,587 319,771 1,389,949 1,104,664
5,103,984 1,434,015 58,762 63,032 21,702 189,233 140,338
971,651 219,899 27,771 13,053 17,771 124,348 31,745
9,557,080 13,218 67,850 33,259 30,075 40,218 8,880
48,878,076 7,781 524 71,757 5,677 835 4,939
12,651,358 2,186 3,244 37,273 653 2,878 5,075
207,125 11,280 7,665 1,908 6,736 1,871 6,958
3,527,897 77,695 36,065 42,640 18,223 29,486 125,633
6,923 - 157 40 - 91 1,097
34,046 250 2,124 483 30 2,081 389
1,036,433 1,160 2,057 1,985 164 1,733 2,314
13,317 213 422 344 31 241 604
118,209 4,924 2,889 2,469 526 2,724 5,937
25,444 676 1,269 842 144 1,225 2,165
- - - - - - -
60,669,343 1,746,789 1,295,823 1,910,568 445,822 1,007,597 163,889
151,849 3,600 2,050 1,534 1,819 920 3,367,568
84,078,659 515,487 300 65,391 1,279 215,801 2,649
370,722,149 9,606,029 4,066,374 3,125,328 1,090,087 5,273,274 5,803,509
PT Bank Danamon Indonesia Tbk 2024 Annual Report 217
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
No Economic Sectors
a b
1. Agriculture, Forestry, and Fisheries
2. Mining and Quarrying
3. Processing Industries
4. Procurement of Electricity, Gas, Steam/Hot Water, and Cold Air
5. Water Management, Wastewater Management, Waste Management and Recycling, and Remediation Activities
6. Construction
7. Wholesale and Retail Trade; Car and Motorcycle Repair and Maintenance
8. Transportation and Warehousing
9. Provision of Accommodation and Provision of Food and Drink
10. Information and Communication
11. Financial and Insurance Activities
12. Real Estate
13. Professional, Scientific, and Technical Activities
14. Leasing and Leasing Activities Without Option Rights, Employment, Travel Agents, and Other Business Support
15. Government Administration, Defense, and Compulsory Social Security
16. Education
17. Human Health Activities and Social Activities
18. Art, Entertainment, and Leisure Activities
19. Other Service Activities
20. Household Activities as an Employer; Activities that Produce Goods and Services by Households Used to Meet Their Own Needs
21. Activities of international bodies and other extra-international bodies
22. Household
23. Not Other Business Fields
24. Other
Total
218 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Impaired Receivables
Written-Off
Receivables ECL - Stage 1 ECL - Stage 2 ECL - Stage 3
Receivables
Non Past Due Past Due
c d e f g h i
8,266,338 246,193 51,444 119,951 13,863 97,276 210,253
2,969,738 63,153 191,384 42,716 7,562 181,417 45,329
53,381,513 1,617,321 997,671 162,068 127,271 1,459,039 223,150
2,311,746 2,403 1,270 9,847 297 1,155 4,111
3,164,763 5,042 2,377 14,254 921 1,474 6,971
7,454,839 175,549 326,410 100,336 79,352 302,210 74,510
53,639,374 1,711,891 1,442,749 406,272 369,090 1,467,558 860,902
4,939,741 1,520,788 58,516 71,992 17,229 195,589 79,091
923,250 346,005 14,611 14,897 13,091 151,980 20,713
9,344,006 23,419 37,696 28,695 3,939 37,062 2,243
38,390,316 8,379 526 37,890 138 443 22,715
11,125,199 2,465 1,321 31,933 1,293 979 2,451
211,201 22,032 6,386 1,893 4,688 5,904 922
3,243,447 81,925 62,475 67,989 25,485 47,281 86,016
3,164 644 - 86 170 - 15
36,769 4,279 72 664 319 48 681
70,726 946 602 2,414 197 425 804
20,237 8,375 141 368 149 119 125
95,871 3,333 1,328 2,621 269 944 2,421
20,188 547 459 1,609 130 403 393
- - - - - - -
56,403,466 1,773,399 1,117,084 1,943,042 541,774 827,914 1,177,341
219,677 8,610 431 7,064 974 283 1,386,054
73,052,234 493,045 82,960 30,397 1,252 351,322 10,405
329,287,803 8,119,746 4,397,910 3,098,997 1,209,455 5,130,824 4,217,616
PT Bank Danamon Indonesia Tbk 2024 Annual Report 219
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 15. DISCLOSURE OF DETAILED MOVEMENTS OF IMPAIRMENT LOSSES PROVISION
i. Bank Only
No Types of Exposure
a b
1. Credits included in Overdue Bills
2. Securities included in Overdue Bills
Total
ii. Bank as Consolidated with Subsidiary
No Types of Exposure
a b
1. Credits included in Overdue Bills
2. Securities included in Overdue Bills
Total
ADDITIONAL DISCLOSURES RELATED TO THE TREATMENT OF NON-PERFORMING ASSETS
(CRB-A)
The definition and criteria of performing assets (assets with current and special mention quality) and non-performing
assets (assets with substandard, doubtful, and loss quality) refer to POJK No. 40/POJK.03/2019 concerning Asset
Quality Assessment of Commercial Banks.
The definition and criteria of Past Due Receivables refer to the criteria as stated in SEOJK No.24/SEOJK.03/2021
concerning RWA Calculation for Credit Risk using the Standardized Approach for Commercial Banks.
220 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
31 December 2024 31 December 2023
Receivable Based on Deliquency Receivable Based on Deliquency
> 90 days to > 120 days to > 90 days to > 120 days to
> 180 days Total > 180 days Total
120 days 180 days 120 days 180 days
c d e f g h i j
1,461,493 557,708 1,712,502 3,731,703 1,613,848 566,003 1,855,020 4,034,871
- - - - - 82,960 - 82,960
1,461,493 557,708 1,712,502 3,731,703 1,613,848 648,963 1,855,020 4,117,831
(in million Rupiah)
31 December 2024 31 December 2023
Receivable Based on Deliquency Receivable Based on Deliquency
> 90 days to > 120 days to > 90 days to > 120 days to
> 180 days Total > 180 days Total
120 days 180 days 120 days 180 days
c d e f g h i j
1,710,010 878,462 1,714,939 4,303,411 1,828,047 868,595 1,867,257 4,563,899
- - - - - 82,960 - 82,960
1,710,010 878,462 1,714,939 4,303,411 1,828,047 951,555 1,867,257 4,646,859
PT Bank Danamon Indonesia Tbk 2024 Annual Report 221
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TABLE 16. DISCLOSURE OF PERFORMING AND NON-PERFORMING ASSETS (CRB-A)
i. Bank Only
31 December 2024
Performing (Current and Special
Mention Quality)
No Descriptions
Allowance for
Gross Carrying Value
Impairment Losses
a b
1. Securities 28,556,800 225,130
2. Credit 84,045,493 3,289,817
a. Corporation 52,489,026 1,995,506
b. Retail 31,556,467 1,294,311
3. Administrative Account Transactions 119,051,655 152,801
31 December 2023
Performing (Current and Special
Mention Quality)
No Descriptions
Allowance for
Gross Carrying Value
Impairment Losses
a b
1. Securities 19,899,700 271,689
2. Credit 80,320,904 2,685,092
a. Corporation 49,146,603 1,354,315
b. Retail 31,174,301 1,330,778
3. Administrative Account Transactions 98,664,015 120,020
ii. Bank as Consolidated with Subsidiary
31 December 2024
Performing (Current and Special
Mention Quality)
No Descriptions
Allowance for
Gross Carrying Value
Impairment Losses
a b
1. Securities 28,487,832 225,130
2. Credit 112,998,598 4,515,004
a. Corporation 54,197,544 2,035,062
b. Retail 58,801,055 2,479,942
3. Administrative Account Transactions 119,051,655 152,801
222 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Non Performing
(Substandard, Doubtful, and Loss Quality)
Unimpaired Loss Receivables
Impaired Loss Receivables
Day Past Due > 90 days Day Past Due ≤ 90 days
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
c d e f g h
- - - - - -
1,287,572 1,169,909 207,379 61,925 4,894 4,888
609,028 608,625 57,812 31,920 - -
678,544 561,284 149,567 30,005 4,894 4,888
300 233 - - - -
(in million Rupiah)
Non Performing
(Substandard, Doubtful, and Loss Quality)
Unimpaired Loss Receivables
Impaired Loss Receivables
Day Past Due > 90 days Day Past Due ≤ 90 days
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
c d e f g h
82,960 82,960 - - - -
1,454,926 1,307,529 181,918 72,633 23,287 18,543
783,958 775,942 55,567 54,986 2,230 2,128
670,969 531,588 126,351 17,647 21,057 16,414
- - - - - -
(in million Rupiah)
Non Performing
(Substandard, Doubtful, and Loss Quality)
Unimpaired Loss Receivables
Impaired Loss Receivables
Day Past Due > 90 days Day Past Due ≤ 90 days
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
c d e f g h
- - - - - -
1,859,148 1,532,480 207,379 61,925 5,026 5,004
611,596 610,244 57,812 31,920 - -
1,247,552 922,236 149,567 30,005 5,026 5,004
300 233 - - - -
PT Bank Danamon Indonesia Tbk 2024 Annual Report 223
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
31 December 2023
Performing (Current and Special
Mention Quality)
No Descriptions
Allowance for
Gross Carrying Value
Impairment Losses
a b
1. Securities 19,850,767 271,689
2. Credit 109,059,670 4,010,774
a. Corporation 50,571,406 1,405,659
b. Retail 58,488,263 2,605,115
3. Administrative Account Transactions 98,664,015 120,020
TABLE 17. DISCLOSURE OF NET RECEIVABLES BASED ON RISK WEIGHT AFTER CONSIDERING THE IMPACT OF
CREDIT RISK MITIGATION
i. Bank Only
31 December 2024
Performing (Current and Special Mention Non Performing (Substandard, Doubtful,
Quality) and Loss Quality)
No Descriptions Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d
1. Securities - - - -
2. Credit 1,339,508 730,187 665,407 616,124
a. Corporation 764,063 577,576 527,768 507,471
b. Retail 575,445 152,611 137,640 108,652
3. Administrative Account Transactions 173,098 259 - -
ii. Bank as Consolidated with Subsidiary
31 December 2024
Performing (Current and Special Mention Non Performing (Substandard, Doubtful,
Quality) and Loss Quality)
No Descriptions Allowance for Allowance for
Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses
a b c d
1. Securities - - - -
2. Credit 1,719,278 787,826 727,964 653,384
a. Corporation 767,409 578,133 528,038 507,617
b. Retail 951,869 209,692 199,926 145,767
3. Administrative Account Transactions 173,098 259 - -
224 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Non Performing
(Substandard, Doubtful, and Loss Quality)
Unimpaired Loss Receivables
Impaired Loss Receivables
Day Past Due > 90 days Day Past Due ≤ 90 days
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
c d e f g h
82,960 82,960 - - - -
1,982,929 1,604,734 181,918 72,633 24,314 19,115
790,340 777,929 55,567 54,986 2,230 2,128
1,192,589 826,805 126,351 17,647 22,084 16,986
- - - - - -
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
e f g h i j
- - - - - -
1,417,203 1,104,590 433,418 90,513 154,293 151,207
1,017,902 905,967 123,232 28,936 150,696 150,144
399,301 198,623 310,186 61,578 3,597 1,063
39,557 - 133,537 259 4 -
(in million Rupiah)
Stage 1 Stage 2 Stage 3
Allowance for Allowance for Allowance for
Gross Carrying Value Gross Carrying Value Gross Carrying Value
Impairment Losses Impairment Losses Impairment Losses
e f g h i j
- - - - - -
1,497,110 1,110,797 728,549 140,542 221,583 189,871
1,018,332 906,021 126,047 29,410 151,068 150,319
478,778 204,776 602,502 111,132 70,515 39,552
39,557 - 133,537 259 4 -
PT Bank Danamon Indonesia Tbk 2024 Annual Report 225
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
f. Credit Risk Mitigation Disclosure Collateral valuation should be done in the credit
Danamon has determined the collateral as one of initiation process. The revaluation is conducted at
credit-risk mitigation. However, Danamon does not certain periods in accordance with the collateral
take collateral as the only consideration of credit requirements as PPA deductions. For collateral
decision-making, nor does it consider it as the main as a PPA deduction, the collateral valuation for
source of loan repayment. Here are some of the credit facilities of more than Rp10 billion should be
purposes of credit risk mitigation: conducted by an independent external appraiser
• To limit the risk of losses when the debtor cannot with good qualifications, who is certified and does
meet their obligations to Danamon. not have any relationship with the debtor. External
• To protect from unexpected risks and risks appraisers should be appointed by Danamon.
inherent to credit exposure in the future.
The collateral valuation can be conducted by internal
Acceptable collateral, according to Danamon’s appraisers. Danamon ensures that the appraisers
agreed collateral policy, are as follows: have the knowledge, education, and experience
a. Cash collaterals, i.e. time deposit, saving of collateral valuation and appraisers do not have
account, current account, margin deposit in any relationships with the debtors. The assessment
Danamon, securities of Indonesian government results should be properly documented in the Credit
and Indonesia Central Bank, placement with file.
Bank Indonesia and Indonesian government,
guarantee from Indonesian government and/or Danamon conducts an assessment of guarantors’
Standby LC from prime Bank credit worthiness, among other ways by assessing
b. Receivables the financial statements to determine the credit
c. Inventories rating of guarantors.
d. Machines and inventories of office equipment
e. Leasehold of shop
f. Motor vehicles
g. Ships with weight less than 20 m3
h. Listed or unlisted shares in the Stock Exchange
(due to expansion or acquisition), in accordance
with BI/OJK regulation
i. Fixed assets, i.e. land, building, aircraft,
registered vessels with gross content of 20 m3
or more and apartments which are pledged in
accordance with the prevailing regulation
j. Guarantee, i.e. Personal Guarantee and/or
Corporate Guarantee
226 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
Danamon has also determined 4 industrial sector
categories based on each respective risk level,
namely high risk restricted, high risk, medium
risk, and low risk. Danamon also determines the
maximum threshold of industries that are classified
as high risk restricted and high risk. In regard to this,
Danamon conducts periodic monitoring to ensure
the level of exposure for each industry is still within
Danamon’s appetite.
Credit Risk Mitigation Methods for Standardized
Approach
To calculate credit risk mitigation as an RWA deduction
(Credit Risk), Danamon uses the MRK (Credit Risk
Mitigation) collateral. The types of financial collateral
recognized are those in accordance with regulations,
i.e. cash, savings, current accounts, savings deposits,
security deposits, gold, and securities with certain
criteria as per the OJK/Bank Indonesia.
For reverse repo transactions, collateral in the form of
securities underlying the reverse repo transactions and/
or cash is calculated as a form of credit risk mitigation
on reverse repo transactions.
The following are the disclosures of credit risk after
calculating the impact of credit risk mitigation.
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 18. QUANTITATIVE DISCLOSURES RELATED TO CRM TECHNIQUES (CR3)
I. Bank Only
31 December 2024 (in million Rupiah)
Total Receivables Total Receivables Total Receivables Total Receivables Total Receivables
No Description Not Guaranteed Guaranteed CRM Guaranteed Guaranteed Secured Credit
CRM Technique Technique Collateral Warranty Derivatives
a b c d e
1. Loan 145,132,990 3,829,029 - - -
2. Marketable Securities 24,506,432 - - - -
3. Total 169,639,422 3,829,029 - - -
4. Past Due Loans and Marketable 394,359 - - - -
Securities
ii. Bank as Consolidated with Subsidiary
31 December 2024 (in million Rupiah)
Total Receivables Total Receivables Total Receivables Total Receivables Total Receivables
No Description Not Guaranteed Guaranteed CRM Guaranteed Guaranteed Secured Credit
CRM Technique Technique Collateral Warranty Derivatives
a b c d e
1. Loan 172,855,160 3,829,029 - - -
2. Marketable Securities 24,440,554 - - - -
3. Total 197,295,714 3,829,029 - - -
4. Past Due Loans and Marketable 603,380 - - - -
Securities
228 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
iii. Additional Disclosures
Danamon applies collateral CRM Techniques with a simple approach in accordance with SEOJK No. 24/
SEOJK.03/2021.
g. Usage of External Credit Rating (CRD)
In calculating RWA for Credit Risk, Danamon using ratings on exposure of securities. The portfolio categories
that use ratings until 31 December 2024, including:
• Exposures to Government
• Exposures to Bank
• Exposures to Securities Company and Other Financial Institutions
• Exposures to Corporate
In calculating RWA for Credit Risk, Danamon using ratings published by Rating Agencies acknowledged
by the OJK. Under SEOJK No. 37/SEOJK.03/2016 regarding Rating Agencies and Rating acknowledged by the
OJK, namely Fitch Rating International, Moody’s Investor Service, PT Fitch Ratings Indonesia, and PT Pemeringkat
Efek Indonesia.
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
TABLE 19. DISCLOSURE OF CREDIT RISK EXPOSURE AND IMPACT OF CRM TECHNIQUES (CR4)
i. Bank Only
31 December 2024
No Portfolio Categories
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
Receivables to Securities Companies and Other Financial Institutions1)
5. Receivables Covered Bonds
6. Receivables on Corporate - General Corporation Exposure2)
Receivables to securities companies and other financial institutions3)
Special Financing Exposure4)
7. Receivables of Subordinated Securities, Equity, and Other Capital Instruments
8. Receivables on Micro, Small Business, & Retail Portfolio
9. Loans Secured by Property
Residential Property Backed Credit whose Payment Is Not Materially Dependent on Property Cash Flow
Residential Property-Backed Loans whose Payment Depends Materially on Property Cash Flow
Commercial Property Backed Loans whose Payments Are Not Material Dependent on Property Cash Flow
Commercial Property Backed Loans whose Payments Depend Materially on Property Cash Flow
Land Procurement, Tillage, and/or Construction Credit
10. Past Due Receivables
11. Other Assets
Total
230 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Net Receivables Before the Application Net Receivables After the application
RWA and Average Risk Weighting
of CCF and CRM Techniques of CCF and CRM Techniques
Administrative Administrative
Statement of Statement of Risk Weighting
Account Account RWA
Financial Position Financial Position Percentage
Transactions Transactions
a b c d e f
39,784,103 1,503,165 39,784,104 150,317 - 0.00%
1,261,338 4,573,356 1,261,338 660,133 960,736 50.00%
- - - - - 0.00%
14,670,325 7,179,964 14,134,736 1,048,985 5,821,476 38.34%
9,362,143 11,025,702 9,309,157 1,344,246 4,374,786 41.06%
- - - - - 0.00%
55,611,950 69,650,813 53,023,565 13,123,011 65,120,421 98.45%
0.00%
- - - - - 0.00%
79,813 - 79,813 - 169,532 212.41%
31,490,518 11,857,435 30,980,782 1,683,677 24,429,666 74.79%
19,626,535 1,756,365 19,592,450 175,600 12,030,949 60.86%
10,612 5,918 10,612 592 11,764 105.00%
23,515,286 10,926,477 23,421,846 1,291,625 21,586,889 87.35%
3,287,533 531,334 3,272,726 53,473 2,835,159 85.24%
- - - - - 0.00%
441,342 38,524 441,341 3,914 506,531 113.76%
6,830,202 - 6,830,200 - 4,688,396 68.64%
205,971,700 119,049,053 202,142,670 19,535,573 142,536,305
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Highlights Report Profile & Analysis
ii. Bank on Consolidation with Subsidiary
31 December 2024
No Portfolio Categories
1. Receivables on Sovereigns
2. Receivables on Public Sector Entities
3. Receivables on Multilateral Development Banks and International Institutions
4. Receivables on Banks
Receivables to Securities Companies and Other Financial Institutions1)
5. Receivables Covered Bonds
6. Receivables on Corporate - General Corporation Exposure2)
Receivables to securities companies and other financial institutions3)
Special Financing Exposure4)
7. Receivables of Subordinated Securities, Equity, and Other Capital Instruments
8. Receivables on Micro, Small Business, & Retail Portfolio
9. Loans Secured by Property
Residential Property Backed Credit whose Payment Is Not Materially Dependent on Property Cash Flow
Residential Property-Backed Loans whose Payment Depends Materially on Property Cash Flow
Commercial Property Backed Loans whose Payments Are Not Material Dependent on Property Cash Flow
Commercial Property Backed Loans whose Payments Depend Materially on Property Cash Flow
Land Procurement, Tillage, and/or Construction Credit
10. Past Due Receivables
11. Other Assets
Total
1) Represents receivables which included in the scope of the portfolio category of receivables to securities companies and other financial service institutions
as stipulated in Appendix A of SEOJK No. 24 /SEOJK.03/2021.
2) Represents receivables which included in the scope of the portfolio category of receivables to corporations - general corporate exposures as stipulated in
Appendix A of SEOJK No. 24/SEOJK.03/2021 (excluding number 3) and number 4)).
3) Represents receivables from securities companies and other financial service institutions that are not categorized as portfolio as shown in point number 1).
4) Represents receivables which included in the scope of the category of receivables to corporations - special financing exposures (with and without rating) as
stipulated in Appendix A of SEOJK No. 24/SEOJK.03/2021.
iii. Additional Disclosures
Danamon applies collateral CRM Techniques with simple approach in accordance with SEOJK No. 24/
SEOJK.03/2021.
232 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
(in million Rupiah)
Net Receivables Before the Application Net Receivables After the application
RWA and Average Risk Weighting
of CCF and CRM Techniques of CCF and CRM Techniques
Administrative Administrative
Statement of Statement of Risk Weighting
Account Account RWA
Financial Position Financial Position Percentage
Transactions Transactions
a b c d e f
39,796,632 1,503,165 39,796,632 150,317 - 0.00%
1,261,857 4,573,356 1,261,857 660,133 960,995 50.00%
- - - - - 0.00%
15,550,472 7,179,964 15,014,883 1,048,985 6,064,387 37.75%
9,079,714 11,025,702 9,026,728 1,344,246 4,275,177 41.22%
- - - - - 0.00%
57,314,691 69,650,813 54,726,305 13,123,011 66,570,744 98.12%
0.00%
- - - - - 0.00%
1,368,998 - 1,368,998 - 3,392,495 247.81%
58,563,424 11,857,435 58,053,688 1,683,677 44,739,630 74.89%
19,626,535 1,756,365 19,592,450 175,600 12,030,949 60.86%
10,612 5,918 10,612 592 11,764 105.00%
23,515,286 10,926,477 23,421,846 1,291,625 21,586,889 87.35%
3,287,533 531,334 3,272,726 53,473 2,835,159 85.24%
- - - - - 0.00%
650,480 38,524 650,480 3,914 727,132 111.12%
7,922,157 - 7,922,157 - 5,598,725 70.67%
237,948,391 119,049,053 234,119,362 19,535,573 168,794,047
PT Bank Danamon Indonesia Tbk 2024 Annual Report 233
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TABLE 20. DISCLOSURE OF EXPOSURE BY ASSET CLASS AND RISK WEIGHT (CR5)
i. Bank Only
31 December 2024 (in million Rupiah)
Total Net
Receivables
No Portfolio Categories 0% 20% 50% 100% 150% Other After
CCF and
CRM
1. Receivables on Sovereigns 39,934,421 - - - - - 39,934,421
Total Net
Receivables
No Portfolio Categories 20% 50% 100% 150% Other After
CCF and
CRM
2. Receivables on Public Sector Entities - 1,921,471 1,921,471
No Portfolio Categories 0% 20% 30% 50% 100% 150% Other
3. Receivables on Multilateral Development Banks and International - - - - - - -
Institutions
No Portfolio Categories 20% 30% 40% 50% 75% 100% 150%
4. Receivables on Banks 3,546,501 - 11,033,906 10,180 261,570 331,564
Receivables to Securities Companies and Other Financial Institutions 965,497 - 9,333,586 83,228 - 271,092
No Portfolio Categories 10% 15% 20% 25% 35% 50% 100%
5. Receivables Covered Bonds - - - - - - -
No Portfolio Categories 20% 50% 65% 75% 80% 85% 100%
6. Receivables on Corporate - General Corporation Exposure 253,706 255,245 - - 4,637,132 61,000,493
Receivables to securities companies and other financial institutions - - - - - -
Special Financing Exposure - - - - -
Total Net
Receivables
No Portfolio Categories 100% 150% 250% 400% Other After
CCF and
CRM
7. Receivables of Subordinated Securities, Equity, and Other Capital 20,000 59,813 79,813
Instruments
Total Net
Receivables
No Portfolio Categories 45% 75% 85% 100% Other After
CCF and
CRM
8. Receivables on Micro, Small Business, & Retail Portfolio 928,507 30,719,913 295,665 719,947 427 32,664,459
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Total Net
Receivables
After
CCF and
CRM
-
Total Net
Receivables
Other After
CCF and
CRM
- 15,183,721
- 10,653,403
Total Net
Receivables
Other After
CCF and
CRM
- -
Total Net
Receivables
130% 150% Other After
CCF and
CRM
- - - 66,146,576
- - -
- - - -
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No Portfolio Categories 0% 20% 25% 30% 35% 40% 45%
9. Loans Secured by Property
Residential Property Backed Credit whose Payment Is Not - 378,137 336,806 3,327,399
Materially Dependent on Property Cash Flow
without a credit-sharing approach - - - -
by using a credit sharing approach (guaranteed) -
by using a credit sharing approach (guaranteed) - - - -
Residential Property-Backed Loans whose Payment Depends
Materially on Property Cash Flow
Commercial Property Backed Loans whose Payments Are Not
Material Dependent on Property Cash Flow
without a credit-sharing approach - - - -
by using a credit sharing approach (guaranteed)
by using a credit sharing approach (guaranteed) - - - -
Commercial Property Backed Loans whose Payments Depend
Materially on Property Cash Flow
Land Procurement, Tillage, and/or Construction Credit
Total Net
Receivables
No Portfolio Categories 50% 100% 150% Other After
CCF and
CRM
10. Past Due Receivables 100,909 120,882 223,464 - 445,255
Total Net
Receivables
No Portfolio Categories 0% 20% 100% 150% 1.250% Other After
CCF and
CRM
11. Other Assets 2,301,942 4,208,185 320,075 6,830,200
Net Receivables Net Receivables
Net Receivables
of Administrative (After the imposition
No Risk Weight Statement of Average CCF
Account of CCF and CRM
Financial Position
Transactions Technique)
1. < 40% 50,803,099 16,887,940 24 51,044,408
2. 40%-70% 29,105,717 89,385,694 2,531 32,400,752
3. 75% 47,124,176 809,824 278 47,836,547
4. 85% 10,659,214 560,555 1,927 11,185,216
5. 90%-100% 65,960,578 861,583 216 76,806,480
6. 105%-130% 1,093,899 10,531,974 6 1,143,317
7. 150% 1,145,204 11,483 574 1,201,711
8. 250% 79,813 - - 59,813
9. 400% - - - -
10. 1,250% - - - -
Total Net Receivables 205,971,700 119,049,053 5,557 221,678,243
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Total Net
Receivables
50% 60% 65% 70% 75% 85% 90% 100% 105% 110% 150% Other After
CCF and
CRM
916,059 2,526,989 10,526,207 77,636 23,010 - - 19,768,050
- - - - - - - - -
- -
- - - - - - - -
11,204 - 11,204
1,545,377 6,328,857 6,174,783 10,664,454 - 24,713,471
- - - -
- - -
- - - - - - -
2,089,488 49,507 1,132,113 55,091 - 3,326,199
- -
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ii. Bank as Consolidated with Subsidiary
31 December 2024 (in million Rupiah)
Total Net
Receivables
No Portfolio Categories 0% 20% 50% 100% 150% Other After
CCF and
CRM
1. Receivables on Sovereigns 39,946,949 - - - 39,946,949
Total Net
Receivables
No Portfolio Categories 20% 50% 100% 150% Other After
CCF and
CRM
2. Receivables on Public Sector Entities - 1,921,990 1,921,990
No Portfolio Categories 0% 20% 30% 50% 100% 150% Other
3 Receivables on Multilateral Development Banks and International - - - - - - -
Institutions
No Portfolio Categories 20% 30% 40% 50% 75% 100% 150%
4. Receivables on Banks 4,092,249 11,368,293 10,192 261,570 331,564
Receivables to Securities Companies and Other Financial Institutions 898,685 9,117,969 83,228 - 271,092
No Portfolio Categories 10% 15% 20% 25% 35% 50% 100%
5. Receivables Covered Bonds - - - - - - -
No Portfolio Categories 20% 50% 65% 75% 80% 85% 100%
6. Receivables on Corporate - General Corporation Exposure 253,706 255,245 - - 6,319,911 61,020,455
Receivables to securities companies and other financial institutions - - - - - - -
Special Financing Exposure - - - - - - -
Total Net
Receivables
No Portfolio Categories 100% 150% 250% 400% Other After
CCF and
CRM
7. Receivables of Subordinated Securities, Equity, and Other Capital 20,000 1,348,998 1,368,998
Instruments
Total Net
Receivables
No Portfolio Categories 45% 75% 85% 100% Other After
CCF and
CRM
8. Receivables on Micro, Small Business, & Retail Portfolio 928,507 57,764,397 307,804 736,230 427 59,737,365
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Total Net
Receivables
After CCF
and CRM
-
Total Net
Receivables
Other After
CCF and
CRM
16,063,868
10,370,974
Total Net
Receivables
Other After
CCF and
CRM
- -
Total Net
Receivables
130% 150% Other After
CCF and
CRM
- - 67,849,316
- - - -
- - - -
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No Portfolio Categories 0% 20% 25% 30% 35% 40% 45%
9. Loans Secured by Property
Residential Property Backed Credit whose Payment Is Not - 378,137 336,806 3,327,399 1,655,806
Materially Dependent on Property Cash Flow
without a credit-sharing approach - - - - -
by using a credit sharing approach (guaranteed) -
by using a credit sharing approach (guaranteed) - 0 0 0
Residential Property-Backed Loans whose Payment Depends
Materially on Property Cash Flow
Commercial Property Backed Loans whose Payments Are Not
Material Dependent on Property Cash Flow
without a credit-sharing approach - - - -
by using a credit sharing approach (guaranteed)
by using a credit sharing approach (guaranteed) - - - -
Commercial Property Backed Loans whose Payments Depends
Materially on Property Cash Flow
Land Procurement, Tillage, and/or Construction Credit
Total Net
Receivables
No Portfolio Categories 50% 100% 150% Other After
CCF and
CRM
10. Past Due Receivables 186,732 135,451 332,211 654,394
Total Net
Receivables
No Portfolio Categories 0% 20% 100% 150% 1.250% Other After
CCF and
CRM
11. Other Assets 2,483,570 5,118,514 320,072 7,922,157
Net Receivables Net Receivables
Net Receivables
of Administrative (After the imposition
No Risk Weight Statement of Average CCF
Account of CCF and CRM
Financial Position
Transactions Technique)
1. < 40% 51,476,192 16,887,940 24 51,717,500
2. 40%-70% 29,310,839 89,385,694 2,531 32,605,873
3. 75% 74,168,660 809,824 278 74,881,031
4. 85% 12,354,131 560,555 1,927 12,880,133
5. 90%-100% 66,921,721 861,583 216 77,767,623
6. 105%-130% 1,093,899 10,531,974 6 1,143,317
7. 150% 1,253,952 11,483 574 1,310,460
8. 250% 1,368,998 - - 1,348,997
9. 400% - - - -
10. 1250% - - - -
Total Net Receivables 237,948,391 119,049,053 5,557 253,654,935
iii. Additional Disclosures
Danamon applies collateral CRM Techniques with a simple approach in accordance with SEOJK No.24/
SEOJK.03/2021.
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Total Net
Receivables
50% 60% 65% 70% 75% 85% 90% 100% 105% 110% 150% Other After
CCF and
CRM
916,059 2,526,989 10,526,207 77,636 23,010 - - 19,768,050
- - - - - - - - -
- -
0 0 - - - - - -
11,204 - 11,204
1,545,377 6,328,857 6,174,783 10,664,454 - 24,713,471
- - - -
- - -
- - - - - - - -
2,089,488 49,507 1,132,113 55,091 - 3,326,199
- -
h. Disclosure of Assets Securitization
Securitization is the process of taking non-liquid assets or asset groups and, through financial engineering,
transforming them into securities. The securities that are issued based on the transfer of financial assets from the
original borrower are followed by payment from the proceeds of the sale of asset-backed securities to investors.
As of 31 December 2024, Danamon did not have transactions of credit derivative and securitization, therefore no
disclosure of tables below:
• Net Credit Derivative Claims (CCR6)
• Securitization Exposure in the Banking Book (SEC1)
• Securitization Exposure Components in the Trading Book (SEC2)
• Securitization Exposure in the Banking Book and related to its Capital Requirements - Bank Acting as Originator
or Sponsor (SEC3)
• Securitization Exposure in the Banking Book and related to its Capital Requirements Bank Acting as Investor
(SEC4)
i. Credit Risk Assessment using Standardized Approach
In calculating the Risk Weighted Assets (RWA) for credit risk, Danamon applies the Standardized Approach, which
refers to OJK regulations, i.e. OJK Circular No.24/SEOJK.03/2021 regarding Risk Weighted Asset Calculation for
credit risk using standardise approach for commercial Banks.
j. Credit Risk Due to Failure of Counterparty
Counterparty Credit Risk arises from the type of transactions that are generally affected by the following
characteristics:
• Transactions influenced by the movement of fair value or market value.
• Fair value of transactions influenced by movements of certain market variables.
• Transactions resulting in the exchange of cash flows or financial instruments.
• Bilateral in nature.
One of the transactions that may incite credit risk due to the counterparty’s failure is over the counter (OTC)
derivatives and repo/reverse repo transactions for both Trading Book and Banking Book positions This includes
transactions with the Central Counter Party (CCP).
For both Repo and Reverse Repo transactions, Danamon refers to OJK Circular No.24/SEOJK.03/2021 regarding
Guidelines on Risk Weighted Assets calculations for Credit Risk using the Standardized Approach.
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TABLE 21. ANALYSIS OF COUNTERPARTY CREDIT RISK EXPOSURE (CCR1)
i. Bank Only
31 December 2024 (in milion Rupiah)
a b c d e f
Alpha used for
Replacement Potential Future Net
No Description EEPE EAD regulatory RWA
Cost (RC) Exposure (PFE) Receivables
calculation
1. SA-CCR (for derivative) 372,830 647,026 1.4 1,427,799 495,471
2. Internal Model Method (For N/A N/A
Derivative and SFT)
3. Basic Approach for credit risk N/A N/A
mitigation (for SFT)
4. Comprehensive approach for N/A N/A
credit risk mitigation (For SFT)
5. VaR untuk SFT N/A N/A
6. Total 495,471
Qualitative Analysis
In accordance with SEOJK No 48/SEOJK.03/2017, RWA in Counterparty Credit Risk calculated based on Standard Approach Method for Banks’
Derivative Transactions.
TABLE 22. CCR EXPOSURE BASED ON PORTFOLIO CATEGORY AND RISK WEIGHT (CCR3)
i. Bank Only
31 December 2024
a b c d e f
Risk Weight
0% 20% 30% 40% 45% 50%
Portfolio Category
Indonesia
Receivables on Sovereigns 165,116
Receivables on Public Sector Entities 127
Receivables on Multilateral Development
Banks and International Institutions
Receivables on Banks 504,558 351,168 10,180
Exposures to Securities Firm and Other 26,837 176,744
Financial Institutions
Receivables on Corporates
Receivables on Micro, Small, and Retail
Businesses Portfolio
Total 165,116 531,395 - 527,913 - 10,307
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ii. Bank as Consolidated with Subsidiary
31 December 2024 (in milion Rupiah)
a b c d e f
Alpha used for
Replacement Potential Future Net
No Description EEPE EAD regulatory RWA
Cost (RC) Exposure (PFE) Receivables
calculation
1. SA-CCR (for derivative) 435,636 823,069 1.4 1,762,186 629,226
2. Internal Model Method (For N/A N/A
Derivative and SFT)
3. Basic Approach for credit risk N/A N/A
mitigation (for SFT)
4. Comprehensive approach for N/A N/A
credit risk mitigation (For SFT)
5. VaR untuk SFT N/A N/A
6. Total 629,226
Qualitative Analysis
In accordance with SEOJK No 48/SEOJK.03/2017, RWA in Counterparty Credit Risk calculated based on Standard Approach Method for Banks’
Derivative Transactions.
(in million Rupiah)
g h i j k l m n
Total Net
67,5% 75% 85% 100% 112,5% 150% Others
Receivables
165,116
127
-
95,915 5,759 967,580
1,514 205,095
444 89,010 89,454
0 427 427
- 95,915 444 89,010 - 7,700 - 1,427,799
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ii. Bank as Consolidated with Subsidiary
31 December 2024
a b c d e f
Risk Weight
0% 20% 30% 40% 45% 50%
Portfolio Category
Indonesia
Receivables on Sovereigns 165,116
Receivables on Public Sector Entities 127
Receivables on Multilateral Development
Banks and International Institutions
Receivables on Banks 504,558 685,556 10,180
Exposures to Securities Firm and Other 26,837 176,744
Financial Institutions
Receivables on Corporates
Receivables on Micro, Small, and Retail
Businesses Portfolio
Total 165,116 531,395 - 862,300 - 10,307
TABLE 23. EXPOSURE REPORT RELATED TO TRANSACTIONS WITH CENTRAL COUNTERPARTY (CCP)
(in million Rupiah)
No Component Names Net Receivables ATMR
Exposure Related with CCP Transactions
1. Total Exposure to QCCP 18,551 101
2. Exposures Transacted with QCCP - -
(i) Derivative OTC - -
(ii) Derivative transactions through Stock Exchange - -
(iii) Securities Financing Transactions - -
(iv) Netting Set - -
3. Segregated Initial Margin 10,500 -
4. Nonsegregated Initial Margin - -
5. Prefunded Default Fund Contribution 8,051 101
6. Unfunded Default Fund Contribution - -
7. Total Exposure to NonQCCP - -
8. Exposures Transacted with QCCP - -
(i) Derivative OTC - -
(ii) Derivative transactions through Stock Exchange - -
(iii) Securities Financing Transactions - -
(iv) Netting Set - -
9. Segregated Initial Margin - -
10. Nonsegregated Initial Margin - -
11. Prefunded Default Fund Contribution - -
12. Unfunded Default Fund Contribution - -
13. Exposure Total to QCCP and NonQCCP 18,551 101
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(in million Rupiah)
g h i j k l m n
Total Net
67.5% 75% 85% 100% 112.5% 150% Others
Receivables
165,116
127
-
95,915 5,759 1,301,968
1,514 205,095
444 89,010 89,454
0 427 427
- 95,915 444 89,010 - 7,700 - 1,762,186
2. Market Risk
Market Risk Management Implementation
Market Risk Management is a top-down process within Danamon’s organizational structure, from the Risk
Oversight Committee, the BOD through the Assets and Liabilities Committee (ALCO), and Senior Management
actively involved in the planning, approval, review, to assessment of all risks involved.
In general, market risk measurement covers exchange rate and interest rate risks, which are recorded in
Danamon’s trading and banking books. Market risk measurement includes the process of valuing financial
instruments, calculating market risk capital charges, stress testing and sensitivity analysis. The measurement
method used refers to regulatory requirements and general standards for market risk management in banking.
Trading risk, including exchange risk and interest rate risk, is primarily managed through a limit structure, and
monitored daily by the Market and Liquidity Risk (MLR) Division, which includes exchange rate risk and interest
rate risk.
On the other hand, interest rate risk in the banking book is an exposure arising from adverse interest rate market
movement on Danamon balance sheet.
Portfolio Considered in Minimum Capital Requirement
Danamon is committed to meeting the Minimum Capital Requirement (CAR) as stilulated by the regulator. Every
month, Danamon calculates market risk RWA using the standardized approach. In this calculation, Danamon
considers several risk factors, namely: Default Risk Charge (DRC), General Interest Rate Risk (GIRR), Credit Risk
Spread (CSR), Foreign Exchange (FX) Risk, Residual Risk Add-On (RRAO), and Credit Valuation Adjustment
(CVA). In determining the market risk RWA, Danamon calculates all positions in the Trading Book/Fair Value
through Profit or Loss (FVTPL) and includes the Banking Book, specifically for FX and CVA positions.
Market Risk Mitigation for Foreign Exchange Transactions
To mitigate the Market Risk exposures, Danamon bases its market risk management on the following principles:
• Danamon has a sound and comprehensive market risk management system that is closely integrated with its
day-today risk management process and system.
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• The market risk management involves identification, measurement, monitoring, control, and risk management
information systems of all market risk materials/factors, including sound capital adequacy assessment
associated with the risks.
• Policies and procedures are structured with due observance of the prudence principle as the foundation of a
robust risk management system.
• The market risk management system should cover all material market risks, both on- and off-balance sheet.
TABEL 24. DISCLOSURE OF MARKET RISK USING STANDARDIZED APPROACH
i. Bank Only
Capital Charge with Standard Capital Charge with Standard
Approach Approach
Ris
Position December 31, 2024 Position December 31, 2023
Risk of GIRR 97,749.90 51,280.20
Risk of CSR (non-securitization) 25,332.84 14,692.21
Risk of CSR (securitization : non-CTP) - -
Risk of CSR (securitization : CTP) - -
Risk of Equity - -
Risk of Commodity - -
Risk of Exchange Rate 38,200.02 18,327.53
DRC - (non-securitization) 1,704.87 905.98
DRC - (securitization : non-CTP) - -
DRC - (securitization : CTP) - -
RRAO 0.00 0.00
Total 163,295.86 85,205.92
Additional Market RWA Disclosures:
In the reporting period, there were no significant changes that affected Danamon market risk RWA calculation.
a b
ATMR
Component
BA-CVA
Aggregation of systematic components of CVA risk 42,884.61
Aggregation of idiosyncratic components of CVA risk 9,859.52
Total 187,523.88
CVA Additional Disclosures:
In the reporting period, Danamon did not have specific hedging transactions for credit Valuation Adjustment (CVA)
risk in transactions affected to the BA_CVA reduce version RWA calculation.
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ii. Bank as Consolidated with Subsidiary
Capital Charge with Standard Capital Charge with Standard
Approach Approach
Risiko
Position December 31, 2024 Position December 31, 2023
Risk of GIRR 97,749.90 51,278.72
Risk of CSR (non-securitization) 25,332.84 14,692.21
Risk of CSR (securitization : non-CTP) - -
Risk of CSR (securitization : CTP) - -
Risk of Equity - -
Risk of Commodity - -
Risk of Exchange Rate 38,247.96 20,165.59
DRC - (non-securitization) 1,704.87 905.98
DRC - (securitization : non-CTP) - -
DRC - (securitization : CTP) - -
RRAO 0.00 0.00
Total 163,353.08 87,561.83
a b
ATMR
Component
BA-CVA
Aggregation of systematic components of CVA risk 96,643.96
Aggregation of idiosyncratic components of CVA risk 19,194.68
Total 415,197.88
Risk Management Implementation of Interest Rate b. Risk Management Strategy and Risk Mitigation for
Risk in Banking Book (IRRBB) IRRBB
IRRBB is managed for each exposure in a currency
a. IRRBB Definition that is material in nature, i.e. the exposure of riks
Interest Rate Risk in Banking Book (IRRBB) refers to that account for a minimum of 5% of either Banking
the current or prospective risks to Danamon’s capital Book assets or liabilities. The major currencies
and earnings arising from adverse movements in must be actively managed by the Treasury and
interest rates that affect Danamon Banking Book independently monitored by Risk Management Unit.
positions.
In relation to the above, the BOD delegates the
Included in the IRRBB exposure are financial authority to the ALCO to monitor and review the
instruments or assets that are recorded as structure and trends of the balance sheet in terms
Available-for-Sale (AFS)/Fair Value through Other of, such as, interest rate risk, including IRRBB.
Comprehensive Income (FVOCI) and as Held-to- Accordingly, ALCO should conduct regular meetings
Maturity (HTM). that include agenda items related to IRRBB.
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In general, ALCO’s management of IRRBB is IRRBB exposure measurement through ∆NII is
supported by the Treasury and Capital Market conducted based on 2 (two) interest rate shock
(TCM) and the Market and Liquidity Risk (MLR). scenarios, as follows:
• parallel shock-up
The TCM has an active role in managing IRRBB • parallel shock down
exposure within the limits and parameters approved
by ALCO, including managing the gap risk, repricing The amount of interest rate shock used by Danamon
risk, and other risks associated with the IRRBB, as in calculating ∆EVE and ∆NII follows the scenario set
well as performing necessary interest rate hedging. by the OJK, which is as follows:
The management is performed based on the (in bps) Rp USD
decisions and mandates given by ALCO as a senior
management committee, which is the apex body Parallel 400 200
entrusted for interest rate risk management and is Short 500 300
the owner of the IRRBB limit. Long 350 150
MLR is an independent function within Danamon e. Modelling Assumptions IRBB
that is responsible for managing market and liquidity For IRRBB disclosure, Danamon uses the
risks. The responsibility of the MLR in relation to the standardized approach as stipulated in the SEOJK.
management of the IRRBB includes:
• Identifying, measuring, monitoring, and reporting As a complementary tool in managing interest
risk exposure in accordance with regulations, rate risk, under the Internal Capital Assessment
methods, and policies related to IRRBB. Adequacy Process (ICAAP), Danamon also conducts
• Developing and reviewing related policies, IRRBB simulations using the standardized approach
guidelines, methods, and procedures in by using internal assumptions of interest rate shock.
managing IRRBB.
• Reviewing the limits associated with IRRBB on a f. Hedging of IRRBB and Related Accounting
regular basis to ensure they remain adequately Treatments
set. In the event that an activity uses hedge accounting,
the activity is taken into account in the measurement
c. Periodization of IRRBB Calculations and of IRRBB.
Measurements Used to Measure Sensitivity to
IRRBB As of the December 2024 report, Danamon’s
Internally, Danamon measures and monitors IRRBB subsidiary had hedge accounting activities, which
exposures monthly through the (Economic Value were included in the scope of the consolidated
of Equity) ΔEVE and ΔNII (Net Interest Income) IRRBB calculation
methods.
g. Main Modelling Assumptions and Parametric Used
d. Interest Rate Shock Scenario and Stress Scenario in ∆EVE and ∆NII Calculations
Being Used 1) In calculating cash flows and discounts on the
In accordance with the POJK, IRRBB exposure ∆EVE calculation, Danamon does not include
measurement through ΔEVE is conducted based on commercial margin components and other
6 (six) interest rate shock scenarios, as follows: spread components.
• Parallel shock up 2) Determination of repricing maturities for NMD
• Parallel shock down is conducted based on a behavioral analysis of
• Steepener shock
• Flattener shock
• Short rates shock up and
• Short rates shock down
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NMD using sufficient historical data.
3) The methodology used to estimate loan Quantitative Analysis
prepayment rates and TD early withdrawal rates 1. Average repricing maturity for NMD as of the
is the maximum value of prepayment rates and end of December 2024 is determined based on
early withdrawal rates based on historical data. a behavioural analysis of NMD using sufficient
4) At present, no other assumptions that have a historical data.
material impact on ∆EVE and ∆NII are excluded 2. Maximum repricing maturity for NMD as of the end
from the calculations. of December 2024 is determined through internal
5) The method of aggregation between currencies assumption.
is as follows:
- For the purpose of measuring a consolidated
basis, the calculation is performed by
combining the results of the ∆EVE and ∆NII
values of each entity based on the same
interest rate scenario category and the same
currency type.
- For the purpose of measuring in the
aggregation between significant currencies,
the calculation is performed by summing up
the worst ∆EVE and ∆NII for each type of
significant currency.
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TABLE 25. INTEREST RATE RISK IN BANKING BOOK - IRRBB CALCULATION REPORT
i. Bank Only
Currency : IDR (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Parallel Up (4,276,933) (4,100,406) (1,243,505) (1,250,765)
Parallel Down 5,563,296 5,287,756 45,333 103,594
Steepener (1,382,712) (1,105,325)
Flattener 367,897 143,867
Short Rate Up (1,719,747) (1,804,973)
Short Rate Down 1,926,372 2,020,644
Maximum Value Negative (Absolute) 4,276,933 4,100,406 1,243,505 1,250,765
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 36,131,666 35,664,604 10,377,063 10,377,063
Maximum Value divided by Tier 1 Capital (for ΔEVE) or Projected Income 11.84% 11.50% 11.98% 12.05%
(for ΔNII)
Currency : USD (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Parallel Up (73,386) (91,418) 44,772 27,471
Parallel Down 85,353 105,003 (122,812) (123,041)
Steepener (23,621) (15,902)
Flattener 6,581 (5,073)
Short Rate Up (25,295) (43,448)
Short Rate Down 27,950 46,595
Maximum Value Negative (Absolute) 73,386 91,418 122,812 123,041
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 36,131,666 35,664,604 10,377,063 10,377,063
Maximum Value divided by Tier 1 Capital (for ΔEVE) or Projected Income 0.20% 0.26% 1.18% 1.19%
(for ΔNII)
Currency : Combined (Rp & USD) (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Maximum Value Negative (Absolute) 4,350,319 4,191,824 1,366,317 1,373,806
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 36,131,666 35,664,604 10,377,063 10,377,063
Maximum Value divided by Tier 1 Capital 12.04% 11.75% 13.17% 13.24%
(for ΔEVE) or Projected Income (for ΔNII)
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ii. Bank as Consolidated with Subsidiary
Currency : IDR (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Parallel Up (4,771,339) (4,621,548) (1,198,224) (1,237,014)
Parallel Down 6,118,294 5,881,257 (1,629) 89,337
Steepener (1,255,918) (1,009,873)
Flattener 137,476 (64,443)
Short Rate Up (2,120,401) (2,200,038)
Short Rate Down 2,365,588 2,456,444
Maximum Value Negative (Absolute) 4,771,339 4,621,548 1,198,224 1,237,014
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 46,240,237 45,656,855 17,862,046 17,862,046
Maximum Value divided by Tier 1 Capital (for ΔEVE) or Projected Income 10.32% 10.12% 6.71% 6.93%
(for ΔNII)
Currency : USD (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Parallel Up (73,386) (91,418) 44,772 27,471
Parallel Down 85,353 105,003 (122,812) (123,041)
Steepener (23,621) (15,902)
Flattener 6,581 (5,073)
Short Rate Up (25,295) (43,448)
Short Rate Down 27,950 46,595
Maximum Value Negative (Absolute) 73,386 91,418 122,812 123,041
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 46,240,237 45,656,855 17,862,046 17,862,046
Maximum Value divided by Tier 1 Capital (for ΔEVE) or Projected Income 0.16% 0.20% 0.69% 0.69%
(for ΔNII)
Currency : Combined (Rp & USD) (in million Rupiah)
Period ΔEVE ΔNII
Scenario 31-Dec-24 30-Sep-24 31-Dec-24 30-Sep-24
Maximum Value Negative (Absolute) 4,844,725 4,712,965 1,321,036 1,360,055
Tier 1 Capital (for ΔEVE) or Projected Income (for ΔNII) 46,240,237 45,656,855 17,862,046 17,862,046
Maximum Value divided by Tier 1 Capital 10.48% 10.32% 7.40% 7.61%
(for ΔEVE) or Projected Income (for ΔNII)
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3. Liquidity Risk The monitoring and control processes are conducted
through the Liquidity Risk Limit mechanism. MLR
Liquidity Risk Management Governance is an independent division (as the Second Line of
Liquidity risk management is a top-down process, Defense) that monitors the limits relevant to liquidity
starting from the Risk Oversight Committee of the risk on a daily basis by taking into account the risk
BOC and the BOD/Senior Management through appetite and business strategy direction of the Bank.
ALCO, which are actively involved in the planning,
approval, review, and assessment of all risks Funding Strategy
involved. As part of the liquidity risk management process,
Danamon implements a funding strategy through
In order to evaluate the fulfillment of liquidity, ALCO a diversified Third-Party Fund (TPF) composition
has scope of authority delegated by the BOD to in wholesale and retail segment financing. One of
manage the structure of assets and liabilities, the methods used to monitor the funding strategy is
including the funding strategies of Danamon. ALCO through the concentration of funding for large fund
focuses on liquidity management with the following providers that are monitored daily.
objectives:
a. Understanding the various liquidity risk sources Liquidity Risk Mitigation Technique
and integrating the characteristics and risks In mitigating liquidity risks, Danamon’s liquidity risk
of various liquidity sources, particularly under management is based on the following principles:
stress conditions. a. Strategies, policies, and practices are geared
b. Developing a comprehensive risk approach to towards managing liquidity risk to provide
ensure compliance with the overall risk appetite. sufficient liquidity.
c. Determining relevant funding strategies to meet b. A robust process should be in place for identifying,
liquidity requirements, including consolidating all measuring, monitoring, and controlling liquidity
funding resources. risk.
d. Developing effective contingency plans. c. The risk management function responsible for
e. Improving resilience in the event of a sharp liquidity risk management should be structurally
decline of liquidity risk and demonstrating and functionally independent from the liquidity
Danamon’s ability to address closed access to risk-taking function (Risk-Taking Unit).
one or more financial markets by ensuring that d. There should be active monitoring and control of
funding can be generated through a variety of current and potential liquidity-risk exposures.
sources. e. Funding sources and tenors should be effectively
diversified to minimise excessive funding
ALCO, as a committee of the BOD, serves as the concentrations.
apex body assigned to oversee and evaluate the f. A comprehensive Contingency Funding Plan
structure and trends of the balance sheet in terms of (CFP) that sets out the strategies for addressing
liquidity, interest rate risks, and capital management. liquidity shortfalls in crisis situations should be
This involves establishing policies and procedures, in place and tested periodically to assess its
determining a limit framework, and evaluating effectiveness and operational feasibility.
strategies on the balance sheet with the objectives g. Danamon should maintain, on an ongoing
of providing adequate liquidity and capital for basis, a liquidity reserve of high-grade liquid
Danamon, as well as a diversified funding structure. assets, corresponding to the risk tolerance, and
prevailing regulations.
Danamon manages liquidity risks through liquidity h. Danamon’s liquidity stress tests should include
gap analysis and liquidity ratios. Liquidity risks are the on- and off-balance sheet components.
measured and monitored on a daily basis based on
the limit framework of liquidity risks.
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Stress Test Liquidity Risk Measurements
Liquidity-risk stress testing assesses Danamon’s In general, the assessment of liquidity risk may
capacity to withstand plausible scenarios of a range be grouped into regulatory measurements and
of severities under various market and/or firm- internal or non-regulatory measurements. To
specific conditions, thereby identifying Danamon’s measure regulatory liquidity risk, the Bank has
vulnerabilities to specific sources of liquidity risk. internally set additional thresholds from those pre-
set by regulations, where such thresholds are more
Stress tests should be designed to assess the conservative than those set by regulations.
liquidity risk of the portfolios and the liquidity
management strategies of Danamon under a. Liquidity Coverage Ratio (LCR)
extraordinary circumstances. The scenarios used The purpose of this standard is to ensure
by Danamon are: that Danamon retains a sufficient level of
unencumbered and high-quality assets that
a. General Market Stress/Systemic Problem are convertible into cash to fulfill liquidity
The aim of this scenario is to illustrate a requirements within 30 calendar days under a
situation where liquidity at a large number of severe liquidity stress scenario as defined by
financial institutions in the country is affected. regulators. At a minimum, liquid asset stocks will
This situation may be triggered by major enable Danamon to maintain its operations for up
macroeconomic and financial problems or to 30 days during the stress scenario, by which
a political crisis in the country that causes time it is assumed that appropriate corrective
customers to lose confidence in the banking actions have been taken by the management
system. and/or regulators. The minimum limit that must
A systemic situation arising from market be met according to regulatory provisions is
scenarios that are not directly related to the 100%.
Bank (e.g. sharp fall and high volatility in asset
prices, market panic, sudden dry-up in short-
term funding markets, and financial/economic
difficulties).
b. Bank-Specific Stress/Name Problem
The aim of this scenario is to illustrate a situation
where liquidity stress arises as a result of the
Bank itself experiencing either real or perceived
problems. These problems include deteriorating
asset quality, major fraud cases, large trading
losses, rumors about Danamon’s credibility or a
downgrade in its credit rating, and exceptional
losses arising from market/credit/ operational
issues; this generally leads to an erosion of
public trust in the Bank, deposit runs, and overall
shortness in liquidity.
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TABLE 26. LIQUIDITY COVERAGE RATIO (LCR) CALCULATION REPORT
BANK
31-Dec-24 30-Sep-24
The value of HQLA after The value of HQLA after
No Components The outstanding a haircut or outstanding The outstanding a haircut or outstanding
value of liabilities liabilities and commitments value of liabilities liabilities and commitments
and commitments/ multiplied by the run- and commitments/ multiplied by the run-
contractual invoice off rate or the value of contractual invoice off rate or the value of
value contractual invoices times value contractual invoices times
the inflow rate the inflow rate
1. Total data points used in the 63 days 65 days
calculation of the LCR
HIGH QUALITY LIQUID ASSET (HQLA)
2. Total High Quality Liquid Asset 39,609,930 41,091,434
(HQLA)
CASH OUTFLOWS
3. TOTAL CASH OUTFLOWS 77,030,726 72,760,055
CASH INFLOWS
4. TOTAL CASH INFLOWS 52,199,349 48,152,727 47,403,319 43,598,827
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
5. TOTAL HQLA 39,609,930 41,091,434
6. NET CASH OUTFLOWS 28,877,999 29,161,228
7. LCR (%) 137.16% 140.91%
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(in million Rupiah)
CONSOLIDATED
31-Dec-24 30-Sep-24
The outstanding The outstanding
The value of HQLA after a haircut or The value of HQLA after a haircut or
value of liabilities value of liabilities
outstanding liabilities and commitments outstanding liabilities and commitments
and commitments/ and commitments/
multiplied by the run-off rate or the value of multiplied by the run-off rate or the value of
contractual invoice contractual invoice
contractual invoices times the inflow rate contractual invoices times the inflow rate
value value
63 days 65 days
39,747,375 41,244,015
77,433,575 73,448,910
55,706,795 49,988,907 50,791,718 45,357,053
TOTAL ADJUSTED VALUE1 TOTAL ADJUSTED VALUE1
39,747,375 41,244,015
27,444,668 28,091,857
144.83% 146.82%
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Individual Analysis
In general, the liquidity condition of Danamon is still very good. Liquidity risk management is supported by measurement of liquidity risk parameters
that indicate a low level of risk. In addition, Danamon is also supported by strong capital.
In accordance with POJK No. 42/POJK.03/2015, Banks are obliged to perform Individual and Consolidated quarterly reports for KBMI 3 Banks for
the position of the December 2024 report based on the daily average from October - December 2024.
The average LCR ratio of Danamon individually for Quarter-IV 2024 was 137.16%. This ratio is still above the minimum ratio value stipulated in POJK
No.42/ POJK.03/2015 which is 100%.
The composition of the LCR for Quarter-IV 2024 is described in the section below.
The composition of High Quality Liquid Assets (HQLA) owned by the Bank in Quarter-IV 2024 was still dominated by Placements with Bank
Indonesia (BI) and securities issued by the Central Government and BI. On average, during Quarter-IV 2024, the largest composition of HQLA was
Placements with BI of 52.23% of the total HQLA, followed by securities issued by the Central Government and BI, amounting to 42.87%, cash or
cash equivalents 4.14%, Corporate Bonds Level 2A at 0.46% and Corporate Bonds Level 2B at 0.30%.
The composition of TPF owned by the Bank remains diversified the wholesale and retail segments. To maintain the stability of TPF so as not to be
concentrated on a particular party, as risk mitigation, the Bank internally monitors the funding concentration ratio on a daily basis and continues to
make efforts to diversify TPF in a sustainable manner.
Overall, the total derivative transactions conducted by the Bank did not have a significant impact on the LCR calculation. In terms of composition,
the comparison of the net cash outflow of derivative transactions (derivative transaction cash outflow minus derivative transaction cash inflow) to
the total net cash outflow is 0.10%, with the cash outflow of derivative transactions being greater than the cash inflow of derivative transactions. In
addition, the background for derivative portfolio activities is still limited to plain vanilla products, most of which are carried out for hedging needs,
supporting customer transactions, or liquidity needs in Balance Sheet Management.
The implementation of Danamon liquidity management in accordance with what we have reported in the liquidity risk profile includes the following:
1. In terms of risk management, the Board of Commissioners and Board of Directors have awareness of liquidity management risk and is represented
through the ALCO and ROC with clear and independent duties and responsibilities.
2. In terms of risk management, the Bank has a contingency funding plan (CFP), monitoring and reporting of liquidity limits through ALCO and ROC,
managing positions and liquidity risk, as well as funding strategies and policies/procedures as well as monitoring liquidity risk limits and reviewed
regularly.
3. The Bank has and implements a liquidity risk management process, independent human resources and a liquidity management information
system.
4. The Bank has a sufficient risk control system through a risk management work unit and a compliance work unit that is independent from the
operational work unit and the line business.
b. Net Stable Funding Ratio (NSFR)
In accordance with regulatory provisions, Danamon also applies the calculation of the Net Stable Funding
Ratio (NSFR). NSFR is defined as the ratio of Available Stable Funding (ASF) and Required Stable Funding
(RSF). ASF is the amount of stable liabilities and equity over a period of 1 (one) year to fund Danamon activities,
while RSF is the amount of assets and administrative account transactions that need to be funded by stable
funding. The purpose of this ratio is to measure Danamon’s liquidity resilience through a stable funding profile
in accordance with the composition of the on- and off-balance sheets. The minimum limit that must be met in
accordance with regulatory provisions is 100%.
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Consolidated Analysis
The Bank’s consolidated liquidity also shows very good conditions. Liquidity risk management in both the main entity and its subsidiaries is carried
out through measurement, supervision and control of liquidity risk parameters, which generally indicate a low level of risk.
In accordance with POJK No. 42/POJK.03/2015, Banks are obliged to perform Individual and Consolidated quarterly reports for KBMI 3 Banks for
the position of the December 2024 report based on the daily average from October - December 2024.
The average Consolidated LCR ratio of PT Bank Danamon Indonesia Tbk for Quarter IV 2024 is 144.83%.This ratio is still above the minimum ratio
value stipulated in POJK No.42/ POJK.03/2015 which is 100%.
The composition of the LCR for Quarter-IV 2024 is described in the section below.
The LCR consolidation calculation is a combination of Danamon LCR calculation as the main entity with the subsidiary’s LCR, in this case PT Adira
Dinamika Multi Finance, Tbk. (ADMF), a financial services institution engaged in financing or multi finance.
On a consolidated basis, the combined of LCR from subsidiaries has a marginal impact on HQLA by adding cash or cash equivalents, increasing/
reducing cash outflows through bond issuance and interbank borrowing, as well as increasing cash inflows through retail and interbank asset claims.
Composition of High Quality Liquid Assets (HQLA) owned by the Bank on a consolidated basis in Quarter-IV 2024 was still dominated by Placements
with BI of 52.05% of the total HQLA, followed by Securities issued by the Central Government and BI at 42.72%, Cash or Cash equivalents of 4.47%,
Corporate Bonds Level 2A at 0.46% and Corporate Bonds Level 2B at 0.30%.
Analysis of the Composition of TPF as an outflow component, the majority are in the Main Entity (Danamon) which remains diversified in funding
from wholesale and retail segments. Supervision of the concentration of funding is monitored on a daily basis.
Derivative transactions are centered on the Main Entity (Danamon). As stated in the Individual analysis, the ratio of derivative transactions both in
terms of receivables and liabilities to total assets and liabilities (including capital) has a minimal impact on the LCR calculation. The background
of the derivative portfolio activity is only limited to plain vanilla products for hedging needs, supporting customer transactions, or liquidity needs
through Balance Sheet Management.
The implementation of Consolidated liquidity management in accordance with what we have reported in the consolidated liquidity risk profile,
includes the following:
1. In terms of risk governance, the board of commissioners and board of directors of both the Main Entity and Subsidiaries have awareness of
liquidity management risk which is represented through the ALCO and ROC with clear and independent duties and responsibilities.
2. In terms of risk management, the Main Entity and/or Subsidiaries have contingency funding plans (CFP), monitoring and reporting of liquidity
limits through ALCO and ROC, managing positions and liquidity risks as well as funding strategies and policies/procedures and limits. liquidity
risk which is monitored and reviewed regularly.
3. The Main Entity and Subsidiaries have and implement a liquidity risk management process, independent human resources and a liquidity
management information system.
4. The Main Entity and Subsidiaries have adequate risk control systems through risk management work units and compliance work units that are
independent of operational work units and Line of Business.
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TABLE 27. NSFR REPORT
i. Bank Only
30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
1. Capital: 52,262,388 - -
2. Capital in Accordance to POJK KPMM 52,262,388 - -
3. Other Capital Instruments - - -
4. Deposits originating from individual customers and Funding from micro 36,378,735 35,327,764 1,706,242
and small business customers:
5. Stable Deposits and Funding 25,051,711 7,101,116 231,409
6. Less Stable Deposits and Funding 11,327,024 28,226,648 1,474,833
7. Funding originating from Corporate customers: 29,753,244 51,847,259 2,362,207
8. Operational Deposits 20,008,870 - -
9. Other funding originating from Corporate customers 9,744,374 51,847,259 2,362,207
10. Liabilities with interdependent asset pairs - - -
11. Liabilities and other equities 8,071,766 - 12,247
12. NSFR derivative liabilities -
13. Equities and other liabilities that are not included in the above categories 8,071,766 1,397,810 12,247
14. Total ASF 126,466,132 87,175,023 4,080,695
30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
15. Total HQLA in the framework of calculating the NSFR
16. Deposits with other financial institutions for operational purposes 1,532,973 - -
17. Loans classified as Current and Special Mention (performing) and - 75,799,696 27,899,588
marketable securities
18. To financial institutions guaranteed by HQLA Level 1 - 511,891 -
19. To financial institutions that are not guaranteed with Level 1 HQLA and - 11,079,569 2,320,496
loans to financial institutions without collateral
20. To non-financial companies, individual customers and customers of micro - 63,221,635 24,691,609
and small businesses, the Government of Indonesia, governments of other
countries, Bank Indonesia, central banks of other countries and public
sector entities, including:
21. Meet the qualifications to get a risk weight of 35% or less, according to - - -
the SE OJK ATMR for Credit Risk
22. Residential mortgage backed loans that are not being guaranteed, which - - -
include:
23. Meet the qualifications to get a risk weight of 35% or less, according to - 678,800 691,636
the SE OJK ATMR for Credit Risk
24. Securities that are not being pledged as collateral, are not default on - 307,800 195,846
payment, and are not included as HQLA, including shares traded on an
exchange
25. Assets with interdependent liabilities pairs - - -
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(in million Rupiah)
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
- 52,262,388 52,871,608 - - - 52,871,608
- 52,262,388 52,871,608 - - - 52,871,608
- - - - - - -
600 67,691,278 34,727,788 37,089,769 2,135,424 600 68,133,008
- 30,765,024 24,655,498 6,567,836 271,172 - 29,919,781
600 36,926,255 10,072,290 30,521,933 1,864,252 600 38,213,228
75,000 29,849,256 30,011,075 54,871,406 1,556,223 75,000 31,687,259
- 10,004,435 20,298,723 - - - 10,149,361
75,000 19,844,821 9,712,352 54,871,406 1,556,223 75,000 21,537,898
- - - - - - -
- 6,123 8,014,147 - 17,525 - 8,762
-
447,330 6,123 8,014,147 1,123,419 17,525 536,778 8,762
75,600 149,809,045 125,624,618 91,961,175 3,709,171 75,600 152,700,638
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
2,752,244 3,847,439
- 766,486 1,124,832 - - - 562,416
61,063,348 93,015,806 - 75,359,227 28,336,776 60,978,066 93,547,310
- 51,189 - 1,785,799 - - 178,580
9,364,150 12,186,333 - 12,480,594 1,879,363 8,726,346 11,538,117
38,442,848 71,103,347 - 60,161,997 25,514,434 38,189,172 71,599,682
- - - - - - -
- - - - - - -
12,650,011 8,907,725 - 711,869 722,454 13,295,711 9,359,373
606,339 767,211 - 218,968 220,526 766,837 871,558
- - - - - - -
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30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
26. Other Assets: - 16,251,511 242,176
27. Physical commodities that are traded, including gold -
28. Cash, securities and other assets recorded as initial margin for derivative - -
contracts and cash or other assets submitted as default funds to the
central counterparty (CCP)
29. NSFR derivative assets - 88,323
30. NSFR derivative liabilities before deduction with variation margin - 141,607
31. All other assets that are not included in the above categories - 16,251,511 12,247
32. Off Balance Sheet 110,507,820 2,807,403
33. Total RSF
34. Net Stable Funding Ratio (%)
Individual Analysis
The NSFR of Danamon in December 2024 for individual Bank positions was 123.51%, increase compared to the position in September 2024 of
122.97%. Overall, during Quarter IV/2024, Danamon’s NSFR was always above the OJK requirement of a minimum of 100%.
Danamon’s Total Available Stable Fund (ASF) for December 2024 is IDR 152.70 trillion (weighted value) with the largest component coming from
deposits from individual and micro customers amounting to IDR 68.13 trillion (weighted value) and capital of IDR 52.87 trillion (weighted value).
Compared to the position in September 2024, total ASF was increase by IDR 2.89 trillion (weighted value) mainly due to an increase in Deposits from
CoIDRorate Customers of IDR 1.84 trillion (weighted value) & Capital of IDR 0.61 trillion (weighted value).
Danamon’s Total Required Stable Fund (RSF) is IDR 123.63 trillion (weighted value) with the largest component coming from Loans in the Current
and Special Mention category (performing) and securities that are not in default amounting to IDR 93.55 trillion (weighted value) and other assets
amounting to IDR 25.15 trillion (weighted value).
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(in million Rupiah)
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
9,879,350 24,849,438 - 16,081,556 119,966 9,263,849 25,150,644
- - -
- - - - - -
- 88,323 - - - -
- 141,607 - 102,442 - 102,442
9,879,350 24,619,509 - 16,081,556 17,525 9,263,849 25,048,202
622,076 441,553 114,659,263 3,630,464 762,228 526,962
121,825,528 123,634,772
122.97% 123.51%
Individual Analysis
Compared to the position in September 2024, total RSF increased by IDR 1.81 trillion (weighted value) mainly due to an increase in Loans in the
Current & Special Mention Category (performing) and Securities increased by IDR 0.53 trillion (weighted value) and HQLA amounting to IDR 1.09
trillion (weighted value).
As of December 2024, the Bank does not have interdependent assets or liabilities.
The implementation of Danamon liquidity management in accordance with what we have reported in the liquidity risk profile, includes several things
as follows :
1. In terms of risk management, the BOC and BOD have awareness of liquidity management risk and is represented through the ALCO and ROC
with clear and independent duties and responsibilities.
2. In terms of risk management, Danamon has a contingency funding plan (CFP), monitoring and reporting of liquidity limits through ALCO and ROC,
managing positions and liquidity risk, as well as funding strategies and policies/procedures as well as monitoring liquidity risk limits and reviewed
regularly.
3. Danamon has and implements a liquidity risk management process, independent human resources and a liquidity management information
system.
4. Danamon has a sufficient risk control system through a risk management unit and a compliance unit that is independent from the operational unit
and line of business.
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ii. Bank as Consolidated with Subsidiary
30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
1. Capital: 52,385,628 - -
2. Capital in Accordance to POJK KPMM 52,385,628 - -
3. Other Capital Instruments - - -
4. Deposits originating from individual customers and Funding from micro 36,378,735 35,327,764 1,706,242
and small business customers:
5. Stable Deposits and Funding 25,051,711 7,101,116 231,409
6. Less Stable Deposits and Funding 11,327,024 28,226,648 1,474,833
7. Funding originating from Corporate customers: 28,808,748 58,262,943 6,800,019
8. Operational Deposits 20,008,870 - -
9. Other funding originating from Corporate customers 8,799,878 58,262,943 6,800,019
10. Liabilities with interdependent asset pairs - - -
11. Liabilities and other equities 8,037,921 - 108,266
12. NSFR derivative liabilities -
13. Equities and other liabilities that are not included in the above categories 8,037,921 2,532,191 108,266
14. Total ASF 125,611,031 93,590,707 8,614,527
30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
15. Total HQLA in the framework of calculating the NSFR
16. Deposits with other financial institutions for operational purposes 2,951,274 - -
17. Loans classified as Current and Special Mention (performing) and - 83,223,512 34,133,844
marketable securities
18. To financial institutions guaranteed by HQLA Level 1 - 511,891 -
19. To financial institutions that are not guaranteed with Level 1 HQLA and - 11,079,569 2,320,496
loans to financial institutions without collateral
20. To non-financial companies, individual customers and customers of micro - 70,645,451 30,925,865
and small businesses, the Government of Indonesia, governments of other
countries, Bank Indonesia, central banks of other countries and public
sector entities, including:
21. Meet the qualifications to get a risk weight of 35% or less, according to - - -
the SE OJK ATMR for Credit Risk
22. Residential mortgage backed loans that are not being guaranteed, which - - -
include:
23. Meet the qualifications to get a risk weight of 35% or less, according to - 678,800 691,636
the SE OJK ATMR for Credit Risk
24. Securities that are not being pledged as collateral, are not default on - 307,800 195,846
payment, and are not included as HQLA, including shares traded on an
exchange
25. Assets with interdependent liabilities pairs - - -
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(in million Rupiah)
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
- 52,385,628 52,988,417 - - - 52,988,417
- 52,385,628 52,988,417 - - - 52,988,417
- - - - - - -
600 67,691,278 34,727,788 37,089,769 2,135,424 600 68,133,008
- 30,765,024 24,655,498 6,567,836 271,172 - 29,919,781
600 36,926,255 10,072,290 30,521,933 1,864,252 600 38,213,228
8,133,218 40,126,379 29,111,875 60,941,936 5,038,343 8,061,620 41,414,939
- 10,004,435 20,298,723 - - - 10,149,361
8,133,218 30,121,944 8,813,153 60,941,936 5,038,343 8,061,620 31,265,578
- - - - - - -
- 1,601,885 7,979,232 - 257,412 - 1,668,304
-
1,995,083 1,601,885 7,979,232 2,397,352 257,412 2,076,376 1,668,304
8,133,818 161,805,171 124,807,313 98,031,705 7,431,178 8,062,220 164,204,669
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
2,752,249 3,847,439
- 1,475,637 1,670,592 - - - 835,296
76,038,692 112,573,884 - 82,695,238 34,589,150 75,732,540 112,882,805
- 51,189 - 1,785,799 - - 178,580
9,364,150 12,186,333 - 12,480,594 1,879,363 8,726,346 11,538,117
53,425,767 90,667,864 - 67,498,007 31,766,808 53,012,614 90,993,799
- - - - - - -
- - - - - - -
12,650,011 8,907,725 - 711,869 722,454 13,295,711 9,359,373
598,764 760,772 - 218,968 220,526 697,869 812,935
- - - - - - -
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30 September 2024
Outstanding Value Based on Remaining Period
No ASF Component
(In Million Rupiah)
No Period <6 months ≥6 months - 1 year
26. Other Assets: 494,882 7,768,506 270,156
27. Physical commodities that are traded, including gold -
28. Cash, securities and other assets recorded as initial margin for derivative - -
contracts and cash or other assets submitted as default funds to the
central counterparty (CCP)
29. NSFR derivative assets - 88,323
30. NSFR derivative liabilities before deduction with variation margin 9,703 151,310
31. All other assets that are not included in the above categories 494,882 7,758,803 30,523
32. Off Balance Sheet 110,507,820 2,807,403
33. Total RSF
34. Net Stable Funding Ratio (%)
Consolidated Analysis
The NSFR of Danamon in December 2024 for Danamon’s consolidated position was 120.20%, increase compared to the position in September
2024 of 119.41%. Overall, during Quarter IV/2024, Danamon’s consolidated NSFR was always above the OJK requirement of a minimum of 100%.
Danamon’s consolidated Total ASF for the position in December 2024 is IDR 164.20 trillion (weighted value) with the largest component coming
from deposits originating from individual customers and funding originating from micro and small business customers amounting to IDR 68.13 trillion
(weighted value) and Capital of IDR 52.98 trillion (weighted value).
Compared to the position in September 2024, total ASF has increased by IDR 2.39 trillion (weighted value) mainly due to an increase in funding
originating from Corporate customers of IDR 1.29 trillion (weighted value) and capital of IDR 0.60 trillion (weighted value).
Danamon’s total RSF on a consolidated basis is IDR 136.60 trillion (weighted value) with the largest component coming from loans in the Current and
Special Mention category (performing) and non-default securities amounting to IDR 112 .88 trillion (weighted value) and other assets of IDR 18.51
trillion (weighted value).
c. Maximum Cumulative Outflow (MCO)
MCO measures forecast the liquidity profiles of Danamon under defined scenarios with specified survival
horizons and calibrated assumptions.
For assessing liquidity adequacy, liquidity profiles are forecast at specified tenor buckets on a cumulative basis.
To remain solvent, Danamon needs to ensure that either a positive cash flow is maintained in each maturity
bucket or sufficient cash can be generated from a source of funding to satisfy the funding requirements on a
daily basis.
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(in million Rupiah)
31 December 2024
Outstanding Value Based on Remaining Period
Total Weighted (In Million Rupiah) Total Weighted
Value Value
≥1 year No Period <6 months ≥6 months - 1 year ≥1 year
11,252,712 18,262,657 676,631 7,405,279 167,526 10,576,770 18,511,479
- - -
- - - - - -
- 88,323 - - - -
34,583 195,596 3,215 105,657 8,652 117,525
11,218,129 17,978,739 676,631 7,402,063 61,869 10,568,118 18,393,954
622,076 441,553 114,659,263 3,630,464 762,228 526,962
135,505,980 136,603,981
119.41% 120.20%
Consolidated Analysis
Compared to the position in September 2024, the consolidated total RSF has increased by IDR 1.09 trillion (weighted value) mainly due to an
increase in HQLA of IDR 1.09 trillion (weighted value).
As of December 2024, Danamon does not have interdependent assets or liabilities.
The implementation of Danamon liquidity management in accordance with what we have reported in the liquidity risk profile, includes the following :
1. In terms of risk management, the BOC and BOD have awareness of liquidity management risk and is represented through the ALCO and ROC
with clear and independent duties and responsibilities.
2. In terms of risk management, Danamon has a contingency funding plan (CFP), monitoring and reporting of liquidity limits through ALCO and ROC,
managing positions and liquidity risk, as well as funding strategies and policies/procedures as well as monitoring liquidity risk limits and reviewed
regularly.
3. Danamon has and implements a liquidity risk management process, independent human resources and a liquidity management information
system.
4. Danamon has a sufficient risk control system through a risk management unit and a compliance unit that is independent from the operational unit
and Line of Business.
Scenarios are crafted to set the underlying market and Bank-specific conditions and severity on which the
cash flow profile is forecast in assessing liquidity adequacy. The scenarios used for liquidity risk management
are:
• Baseline atau Business as Usual (BAU)
• General Market Stress Test or Systemic Problem
• Bank Specific Crisis or Name Problem
d. Large Fund Provider (LFP)
As explained in the previous section, as part of its funding strategy, Danamon monitors the concentration of
funding towards large funding providers (LFP). In general, this monitoring aims to limit dependence on certain
funding providers, which could otherwise cause problems with Danamon’s liquidity position in the event of
large withdrawals of funds.
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TABLE 28. ENCUMBRANCE (ENC)
(in million
Rupiah)
a b c d
Assets held or agreed with
Encumbered Unencumbered
the central bank but not yet Total
Assets Assets
used to generate liquidity
Cash and Cash Equivalent - - 2,286,078 2,286,078
Part of the placement with Bank Indonesia - 6,382,075 12,469,056 18,851,131
that can be withdrawn during stress
Securities issued by the Central - 6,670,818 10,366,359 17,037,176
Government and Bank Indonesia in Rupiah
and foreign currencies
Securities in the form of debt securities - - 143,850 143,850
issued by non-financial corporations that
meet the criteria of Article 11 paragraph
(1) letter b POJK No 42/POJK.03/2015
regarding LCR
Securities in the form of debt securities - - 255,183 255,183
issued by corporations that meet the
criteria of Article 12 paragraph (1) letter b
POJK No 42/POJK.03/2015 regarding LCR
Qualitative Analysis
At the end of December 2024, the Bank have assets classified as encumbered assets, also had assets that were kept or agreed with the central
bank but had not yet been used to generate liquidity, in the form of Rupiah and foreign currency statutory reserves of IDR 6.38 trillion and the
Macroprudential Liquidity Buffer (PLM) of IDR 6.67 trillion.
Overall, the Bank has assets that qualify as HQLA of IDR 38.57 trillion, which is dominated by Securities issued by the Central Government and Bank
Indonesia.
Contingency Funding Plan
An event of liquidity stress is an emergency situation with the potential to have a substantial impact on Danamon
liquidity position. To anticipate a liquidity crisis, Danamon maintains a Contingency Funding Plan (CFP), which
formally establishes strategies to face a liquidity crisis and procedures to compensate for cash-flow deficits during
emergency situations. A CFP should comprehensively describe contingency management strategies, escalation
procedures, and responsibilities for addressing liquidity stress.
With regards to the CFP, there are indicators that represent external factors (market Indicators) and internal factors,
namely CFP Monitoring, with the following indicator details:
Internal Indicators Market Indicators
• Macroprudential Intermediation Ratio • Rupiah exchange rate against the US dollar
• Liquidity Coverage Ratio • Inflation rate
• Stress Test Maximum Cummulative Outflow • Trade Balance
• Credit Rating
• Rate of return of Government Bonds
• Government Bond Yield
• Credit Default Swap (CDS) Spread
• JCI
• Import & Debt Cover
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operational risk management activities.
4. Operational Risk • Meanwhile, the Internal Audit Working Unit
(IAU) operates independently as the third
The definition of operational risk is specified in OJK line of defense, responsible for identifying
Regulation No. 18/POJK.03/2016. Operational risk weaknesses in operational risk management
is a loss arising from the inadequacy or failure of and assessing the implementation of the
internal processes, human error, system failure, or operational risk management framework to
a problem caused by an external event that affects ensure it is conducted in accordance with
the Bank’s operational activities. applicable regulations.
Danamon’s approach to operational risk b. Operational Risk Management
management is to define the best mitigation strategy The operational risk management framework of
to get an optimum balance between operational risk Danamon and its subsidiary is implemented in an
exposure, the effectiveness of control mechanisms, integrated manner.
and to create a risk appetite as a Danamon strategy
by consistent implementation of an Operational Risk The process involves:
Management (ORM) framework. 1. Risk identification, which is used to identify
and analyze inherent risks in new products,
Major components of the Operational Risk services, and processes, as well as to
Management Framework that are consistently ensure adequate preventive control over all
applied are: processes.
a. Three Lines of Defense 2. Risk assessment at the operating unit level is
In the implementation of the ORM framework, supported by the Risk/Loss Event Database
the Three Lines of Defense concept is applied, (R/LED), Self-Raise, Risk Control Self-
as elaborated below: Assessment (RCSA), and Key Risk Indicators
• Line of business and Supporting Functions (KRI) to assess Danamon’s risk profile
act as the owners of the risk management quantitatively and to identify the effectiveness
process. ORM within Business Lines/ of operational risk management.
Supporting Functions and the Internal Control
Functions within each Risk Taking Unit (RTU) The measurement of operational risk uses
serve as the first line of defense in enforcing the Standardized Measurement Approach
daily operational risk management. They based on SEOJK No. 6/SEOJK.03/2020.
are responsible for identifying, managing,
mitigating, and reporting operational risks. Danamon’s individual and consolidated
• The ORM Division, in collaboration with the quantitative operational risk disclosures are
Information Risk Management (IRM) Division, illustrated in the following tables.
the Compliance Unit, and the Legal Division,
functions as the second line of defense,
responsible for overseeing operational risk
management at Danamon. The ORM Division
is tasked with designing, defining, developing,
and maintaining the overall operational risk
framework, monitoring its implementation
by RTUs, ensuring the adequacy of controls
over policies and procedures, and serving
as the coordinator/facilitator for effective
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TABEL 29. QUANTITATIVE EXPOSURE OF OPERATIONAL RISKS
i. Bank Only
December 31, 2024 (in Million Rupiah)
No Details Standardized Approach
1. Business Indicator Components (BIC) 876,708
2. Internal Loss Multiplier (ILM) 1
3. Operational Risk Minimum Capital (ROC) 876,708
4. RWA for Operational Risks 10,958,852
ii. Bank as Consolidated with Subsidiary
December 31, 2024 (in Million Rupiah)
No Details Standardized Approach
1. Business Indicator Components (BIC) 1,010,547
2. Internal Loss Multiplier (ILM) 1
3. Operational Risk Minimum Capital (ROC) 1,010,547
4. RWA for Operational Risks 12,631,842
effort and is conducted in a well-coordinated
3. Operational risk is monitored through periodic manner to ensure an optimum balance
reports on the management by the Risk between operational risk exposures,
Management Committee to identify emerging effectiveness of control mechanisms,
issues related to weaknesses or failures in insurance coverage, premium expenses, and
the implementation of control functions. Danamon’s risk appetite.
In addition, one of the primary mitigations One controlling function is the implementation
of operational risks is the implementation of Quality Assurance/Internal Control in each
of comprehensively coordinated insurance unit at Danamon, which refers to the general
through maximum insurance policy coverage practices in the industry, the application of
of Danamon’s operational risk exposure. quantitative measurements of Bankwide
control effectiveness, and cross-validation
4. Risk control is conducted by ensuring with a control mechanism conducted by
operational policy and control adequacy independent parties (Internal Audit Working
in all operational procedures to mitigate Unit (IAU)). The focus of QA for this year and
operational risks. the years to come is to enhance QA inspection
methods and develop an integrated, effective,
Insurance Management implementation is measurable, and informative QA application
done as a major operational risk mitigation system, which will be implemented across
the QA Units in Danamon and its subsidiary.
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c. Supporting Infrastructure The Cyber Risk Management Policy was
The implementation of the comprehensive developed by adopting international standards
operational risk management process is that regulate Information Security, i.e. ISO 27001.
supported by the ORMS (Operational Risk Additionally, it also takes Indonesian laws and
Management System), an internally designed regulations into consideration.
real-time online tool to strengthens the capture,
analysis, and reporting of operational risk data The key to success in implementing the aspects
by enabling risk identification, assessment/ of Information Security as governed by the
measurement, monitoring, and control/ Cyber Risk Management Policy is the awareness,
mitigation, which is conducted in an integrated culture, commitment, and collective efforts of
manner. all lines of business and support functions at
Danamon, starting from the employee level up to
d. IT & Cyber Risk Management the senior management level.
Risks generated by the extensive use of
Information Technology systems in supporting e. Business Continuity Management (BCM)
the business processes are identified as a BCM was developed to improve Danamon’s
subset of the operational risks in the Enterprise resilience and establish preventive measures
Risk Management framework. to respond to all incidents that may disrupt the
continuity of the Bank’s activities, regardless of
As such, in managing the technology related the causes. This includes risks classified as low
risk, in general, the implementation refers to probability-high impact in order to safeguard
the bankwide agreed process related to the risk the stakeholders’ interests, reputation, brand,
management cycle, which is governed by the and valuable business activities, as well as to
Operational Risk Management Policy, including: increase Danamon’s resilience. The management
• Risk identification, which is used to identify and implementation of BCM in Danamon does
and analyse inherent risks in the use of not only focus on handling disturbances such as
information technology to support any new natural disasters, but also focuses on and covers
products, services, and processes, as well as deviations that might threaten Danamon’s
to ensure adequate preventive controls over operational strategic plans.
all processes.
• Risk assessment at the information The Business Continuity Management policy is
technology operating unit level, which is managed by the Operational Risk Management,
supported by the Risk/Loss Event Database Fraud, and QA – Risk Management Division,
(R/LED), Risk Control Self-Assessment and its implementation is managed by the
(RCSA), and Key Risk Indicators (KRI), to Sustainability Finance Division.
assess the Bank’s risk profile related to
information technology. f. Fraud
Danamon mitigates and manages risks arising
Nevertheless, on a broader scale, specific from fraud based on the framework of the anti-
process implementation of risk management fraud strategy as set forth in the “Anti-Fraud
related to the use of information technology Management Policy and Framework,” which has
refers to the frameworks under the Cyber Risk been implemented nationally in Danamon and its
Management Policy. subsidiary. These policies and strategies are in
line with POJK No. 39/POJK.03/2019 regarding
The Cyber Risk Management Policy provide the the implementation of anti-fraud strategies
minimum requirements for the implementation for Commercial Banks, which Danamon has
of information security at Danamon, which all reported to the OJK every half year.
employees (both permanent and contract) must
comply with, including third parties who work
and gain access to Danamon’s information.
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Danamon has consistently implemented the four pillars of the fraud control strategies, which consist of
prevention, detection, investigation, reporting and sanctions, and monitoring, evaluation, and follow-up.
Danamon has implemented this strategy with various initiatives by involving employees and systems, including
continuous improvement of internal controls effectiveness, active supervision by management, as well as
culture development and concern for anti-fraud across all levels of Danamon’s organization.
Investigation Monitoring,
Prevention Detection Reporting, & Evaluation, &
Sanction Follow Up
Fraud can affect any part of an instituation and the Bank needs to remain vigilant and put more
emphasis on internal control and risk management
5. Legal Risk a. Danamon Legal Risk Management Organization
Legal risk in Danamon is managed by a
Legal risk is risk caused by lawsuits and/or team coordinated by the Legal Division and
weaknesses of juridical aspects. Legal risk occurs chaired by the Head of Legal Counsel. In the
due to, among others, litigation factors, absence implementation of legal risk management, the
of supporting statutory regulations factors, or legal risk management team under the Legal
weaknesses in contract execution factors, such Division cooperates with the relevant working
as unfulfillment of validity conditions of contractor units, namely the Service Excellent & Customer
unperfect execution process of collateral Care Division, Industrial Relation Division,
documents. Legal risk is one of the important Consumer Collection Division, Litigation Division,
aspects because the Financial Services Authority and Remedial Division.
(OJK) may issue an order to stop Danamon and/
or its Subsidiary’s products in the event that the b. Legal Risk Management Policies and
implementation of Danamon and/or its Subsidiary’s Procedures
products is assessed or has the potential to Danamon has already established a Legal Term
significantly increase legal risk due to complaints or Framework and Standard Operation Procedure
demands from customers. (SOP) of Legal Risk Profile, which are evaluated
periodically based on Danamon’s internal/
Along with the increasing scope of Danamon external development, regulatory changes, and
and/or its Subsidiary’s business and dynamic compliance with the Financial Services Authority
product development, as influenced by many (OJK) regulations on risk management.
factors, the level of legal risk needs to be properly
managed. Basically, the main objective of legal c. Legal Risk Management and Control Mechanism
risk management implementation is to ensure that Legal Risk Management is conducted through
the risk management process can minimize the a process of identification, assessment,
possibility of negative impacts of juridical weakness, monitoring, and risk control, as well as through
absence and/or amendments of laws and litigation a management information system. In the
processes in the activities of Danamon and/or its identification process, all lines of business,
Subsidiary. support functions, and Subsidiary are required to
identify and analyze factors that can lead to the
occurrence of legal risks in the lines of business,
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products, processes, and information technology 6. Strategic Risk
that have an impact on Danamon’s financial
position and reputation. Risk identification also Weaknesses or inaccuracies in strategy formulation,
includes legal risk assessments arising from as well as failure to anticipate changes in the business
operational activities/products/agreements to: environment, could cause strategic risk. Strategic
• protect the interest of Danamon and/or its risk management is intended to address a variety of
Subsidiary, individually or consolidated, and risks due to inadequate strategy establishment and
• have and exercise legal rights according to implementation.
prevailing laws and regulations.
a. Strategic Risk Management Organization
In assessing the inherent risk of legal risk, the The Strategic Risk Unit plays a role in managing
following parameters/indicators are used: strategic risk and is under active supervision of
• Litigation factors. Danamon’s BOC, BOD, and Sharia Supervisory
• Weaknesses in legal binding factors. Board. Danamon’s Strategic Risk working unit
• Absence/changes in laws and regulations covers all line of business and support functions
factors. which work closely with the Financial Planning
Division of the CFO Directorate to analyze and
In relation to the implementation of legal risk monitor strategic risk.
management, Danamon has implemented the
following: b. Strategic Risk Management
• Implementation of legal risk monitoring by The implementation of strategic risk
Danamon Senior Management (especially for management involves active oversight of the
high-risk legal cases). BOC, BOD, and Sharia Supervisory Board.
• Development of Legal Term Framework
and Standard Operation Procedure (SOP) The BOD and the BOC are responsible for
for Legal Risk Profile, which regulates preparing and approving Bank’s strategic
the identification and mapping of legal plan and business plan which includes legal
risks, including the mitigation and matrix regulations and communicate to Bank’s
parameters for the inherent risk and quality employees in every level organization. BOD
of legal risk management implementation. also hold responsibility for Risk Management
implementation on Strategic Risk.
The implementation of a comprehensive legal risk
management process with the monitoring of legal Meanwhile, Sharia Supervisory Board is
risks is expected to be consistent, with active responsible for conduct periodic evaluations and
participation of all concerned parties. With the Legal provide directions for improvement related to
Division as the division in charge, the existing legal fulfillment of Sharia Principle.
risks are expected not to exceed the risk appetite
previously determined by Danamon’s Management. c. Inherent Strategic Risk
To ensure the improvement quality of legal risk Danamon and its subsidiary have run proper
management, Danamon regularly provides legal management of inherent strategic risks. In
training/socialization for employees. principle, Danamon and its subsidiary have a
clear and well-defined vision and mission with
clear and measurable achievement steps.
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Danamon and its subsidiary anticipate more Implementation of Risk Management for compliance
intensified competitive and diverse business risk is adjusted to the size and complexity of
competition by providing maximum service to Danamon’s business.
existing customers and potential new customers.
To support the strategic initiatives, Danamon In implementing compliance risk management,
and its subsidiary will continue to improve Danamon not only monitors its compliance risk
collaboration and synergy with MUFG and other individually but also its compliance risk in a
related entities within the group. Furthermore, consolidated manner with subsidiary. With the
Danamon and its subsidiary will continue to appointment of Danamon as the main entity
improve human resource capabilities, optimize of the MUFG Group Financial Conglomeration,
banking service through branch network Danamon also monitors compliance risk in an
transformation and digital development, and integrated manner within the MUFG Group Financial
invest in operational process improvement. Conglomeration.
Danamon and its subsidiary will remain selective
and prudent in providing loans and maintaining a. Compliance Risk Management Organization
asset quality. The Board of Directors and the Board of
Commissioners actively supervise the
d. Strategic Risk Management Implementation implementation of risk management, including
Quality compliance risk, through regular Risk
The implementation of risk management has Management Committee and Risk Monitoring
been accomplished with satisfactory rating. Committee meetings. Oversight ensures
Nevertheless, Danamon and its subsidiary effective implementation of compliance risk
continue to improve upon it. The formulation management in supporting Compliance Culture
of an acceptable level of risk (risk appetite) at all levels of the organisation and Danamon’s
is sufficient in the form of limits, policies, and business activities.
procedures for risky processes. Risk managers
in each division and subsidiary are in placed Danamon has a Director in charge of the
to support the implementation of the business compliance function (Compliance Director)
strategies that have been formulated. who has met the independence requirements
and has no concurrent positions prohibited by
Danamon and its subsidiary continue to monitor regulations.
various relevant strategic risk elements and
regularly update the mitigation action plan in The Compliance Director is assisted by the
response to the dynamic business environment. Compliance Working Unit (SKK) consisting of the
Regulatory Compliance & Advisory Division and
7. Compliance Risk the Regulatory Compliance & Assurance Division
which are independent in performing compliance
Compliance risk is the risk that may arise due functions as regulated by the provisions of
to Danamon’s failure to comply with regulatory the Financial Services Authority (OJK), Bank
provisions, including the Sharia Principles for sharia Indonesia (BI), and statutory provisions including
business units. Sharia principles for Sharia Business Units.
Danamon implements compliance risk management b. Compliance Risk Management Policy and
to minimize the possible negative impacts of Bank Strategy
behaviour that does not comply with or does Danamon has a Risk Management Policy that
not implement the rules and regulations of the regulates the Risk Management Framework
competent authority or regulator. for the Bank and the implementation of Risk
Management in each type of risk including
compliance risk comprehensively.
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For the implementation of the compliance b. Policy and Mechanism of Reputation Risk
function, Danamon has policies and terms Management
of reference for the implementation of the Danamon has a Risk Management Policy and
compliance function which are reviewed standard operational reputation risk procedures.
regularly. Compliance risk management The mechanism of reputation risk management
strategies are implemented in line with the risk refers to regulations that focus on the following:
appetite and risk tolerance set by the Bank. • Negative news related to the owner of
Danamon and/or companies related to
c. Compliance Risk Management Implementation Danamon.
Process • Violation of common practices of business
Compliance risk management is implemented ethics/norms.
by taking steps that can control and minimise • The amount and level of customer usage of
compliance risk, among others: Danamon’s complex products and the amount
• Providing socialization of provisions and materiality of Danamon’s cooperation
and training (e-Learning) to strengthen with its business partners.
and improve awareness and culture of • Frequency, types of media, and materiality of
compliance. negative publicity of Danamon.
• Conduct gap analysis, analyze the impact of • Frequency and materiality of customer
new regulations, and propose adjustments to complaints.
internal policies and procedures.
• Conducting compliance reviews on the c. Risk Management During Crisis
implementation of prevailing regulations. Danamon has reputation risk management in
• Monitoring the fulfilment of commitments to place during a crisis.
authorised Regulators.
• Conduct self-assessment of compliance Danamon always strives to implement high standards
risk. of reputation risk management through continuous
improvement and updates of governance, policies,
8. Reputation Risk appropriate procedures, utilization of improved
information systems, and continuous improvement
Reputation risk is a risk due to decrease in of the quality of human resources.
stakeholder’s level of confidence that comes from
negative perception of the Bank, triggered by a 9. Investment Risk
variety of undesirable events, such as negative
publicity on the Bank’s operations, a violation of Investment Risk arises because the Bank also bears
business ethics, customer complaints, governance the loss of customer business financed under a
weakness, Corporate culture and other events that profit-loss sharing basis that both using profit and
may impair the Bank’s reputation. loss sharing or net revenue sharing method. The
investment risk solely arises from the distribution
a. Reputation Risk Management Organization of financing based on profit-sharing, whether in
Danamon’s reputation risk is managed by the form of mudharabah contracts or musyarakah
the Corporate Secretary Working Unit, which contracts (for example, mudharabah, musyarakah,
coordinates with units that handle customer and mutanaqishah musyarakah or MMQ).
complaints, finance units, treasury units, and
units that handle Corporate Communications. Financing based on a mudharabah contract takes
the form of business cooperation between the Bank,
Consolidated reputation risk is managed through which provides all the capital, and the customer,
collaboration with the risk teams of subsidiary. who acts as fund manager, by sharing in the profits
of the business, based on the contract agreement,
while the loss will be fully borne by the Bank
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unless the customer is proven to have committed have been set up to support this function, the Bank
wilful misconduct, is negligent, or has violated the established a Risk Monitoring Committee, Risk
agreement. Management Committee, and Asset & Liability
Management Committee.
Financing based on a musyarakah contract takes
the form of cooperation between the Bank and its The DPS conducts periodic evaluations of the
customers for a certain business, in which each Risk Management policies and procedures for the
party invests a certain portion of funds, under the Bank’s Investment Risk related to the fulfillment of
provision that the profits will be shared based on an Sharia Principles, evaluates the accountability of
agreement, while any loss will be borne by all parties, the Board of Directors, and provides direction for
according to the respective funding proportions. improvements in the implementation of the Risk
Management policy for Investment Risk related to
Musyarakah mutanaqisah or MMQ is musyarakah the fulfillment of Sharia Principles.
or syirkah, where the ownership of assets (goods)
or capital of one syarik (Bank) is reduced because The implementation of investment risk management
of gradual purchases by other parties (customers). is regulated in the Risk Management Policy - Bank
and Consolidation, which is reviewed periodically.
Organization and Policy of Investment Risk Limits are set in accordance with the setting of
Management parameters and thresholds for the investment risk
Investment risk organization and policy is the same profile.
as Credit Risk Organization, given that both risks
arise from financing activities. Investment Risk Mitigation
The periodic monitoring of risks taken in accordance
Danamon’s Sharia Business Unit (UUS) has a with risk appetite and business performance remains
working unit responsible for analysing reports within the desired limits.
containing actual the realization with the business
targets. Danamon maintains adequate infrastructure To prevent any breach on the part of customers
to monitor the business performance and operations and as collateral for Danamon if customers should
of those financed by the Bank, or who are regarded make intentional mistakes, be negligent, or violate
as partners. agreements, Danamon requests collateral from
customers who are financed. Collateral type and
Risk management involves oversight of the Board collateral assessment follow the prevailing collateral
of Directors, Board of Commissioners, and Sharia policies that applied in financing business in general.
Supervisory Board in its implementation. Committees
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10. Rate of Return Risk
Rate of Return Risk arises from changes in the level
of return rates paid by the Bank to a customer, due
to changes in returns received by the Bank and/or
from the financing, which can affect the behaviour
of funding a third-party customer of the Bank. Rate
of Return Risk Management also applies to the
Sharia Business Unit (UUS).
Active oversight of the Board of Directors, Board
of Commissioners and Sharia Supervisory Board,
also the Return Risk Management Policy
Risk management involves oversight of the Board
of Directors, Board of Commissioners, and Sharia
Supervisory Board in its implementation. To support
the oversight function, the Bank established a
Risk Monitoring Committee, Risk Management
Committee, and Asset & Liability Management
Committee.
The DPS conducts periodic evaluations of the
Risk Management policies and procedures for
the Bank’s Return Risk related to the fulfillment of
Sharia Principles and evaluates the accountability
of the Board of Directors, and provides direction
for improvements in the implementation of the Risk
Management policy for Return Risk related to the
fulfillment of Sharia Principles.
The implementation of return risk management is
regulated in the Risk Management Policy - Bank and
Consolidation, which is reviewed periodically. Limits
are set in accordance with the setting of parameters
and thresholds for the return risk profile.
Rate of Return Risk Mitigation
Monitor the rate of returns of the Bank every month
compared with the returns of other Banks and
maintain the composition of the source of funding
from third-party funds with low yields.
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HUMAN CAPITAL
MANAGEMENT
“High-performance human resource is one of key topic in efforts to
enhance the performance of the Bank. Various initiatives in the core
areas of HR management, including recruitment, training & development,
and performance management, are aligned to improve human resource
productivity, which ultimately contributes to achieving high performance
for the Company.”
To attract top external talent and retain employees, the RECRUITMENT DAN SELECTION
Company has an Employee Value Proposition (EVP) Danamon prefers internal hires in the form of job
that represents the unique advantages offered by rotations and assignments, which also contribute further
the Company. There are four pillars in the EVP, which to employee learning and development. However,
include: to support the growth and business development,
1. Global Exposure. Danamon provides opportunities Danamon may from time to time have to hire from
for employees to gain experience working in the external candidates through the use of available social
MUFG Group through the Three Months Intensive media and career site services and artificial intelligence,
Program and Global Exposure Talent Swap. including LinkedIn, besides using other sourcing
2. Rise to Excellence. Danamon encourages employees strategies such as referrals, campus hiring, virtual
to continuously realize a high-performance career fairs and other means of recruitment.
organization and fosters a culture of innovation,
among other initiatives, through the appointment Other than that, Danamon continues to collaborate,
of D’ Champion and Danamon Innovation Race Corporate, support career sponsorship and webinars
program. with prominent universities and organizational
3. Own Your Future. Danamon offers various self- communities. Danamon also provides internship
development and career development opportunities opportunities for final semester college students,
in line with employees’ aspirations and potential, for example through the Kampus Merdeka and the
including building new talent for long-term needs DAYATARA Program (Internship for the Disabled)
through a management trainee program for fresh Program that aims to prepare them for the real work
graduates. environment.
4. Wellness and Wellbeing. Danamon applies a
balanced approach towards employee performance On top of Danamon Bankers Trainee (DBT) which
and welfare which facilitated through activities under has entered its 25th batch, Danamon also developing
Danamon Club (D’Club) and many CSR activities specialized programs based on sectors, such as
with the theme of Sustainability Environment. Danamon Technology Trainee (DTT) in IT, Danamon
Banking Officer (DBO) in Sales, and Danamon SME
Trainee (DST) in the SME segment.
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COMPETENCY TRAINING AND DEVELOPMENT HR MANAGEMENT INFORMATION SYSTEM
In the era of globalization and rapid technological The use of Artificial Intelligence (AI) features in
advancement, companies are compelled to make the personnel system initiated in 2023 continud to
continuous adaptations and innovations to remain be enhanced in 2024. Danamon Virtual Employee
competitive. Employee training and competency Assistance (Denva) feature, which could automatically
development become essential elements to support answer questions from employees regarding Human
the Company’s internal progress and drive business Capital policies and products, is still utilized and its
innovation. usage is being expanded to cover broader areas, such
as industrial relations. Learning and training modules
During 2024, a total of 483 training programs were have also been improved. The latest version of these
conducted, focusing on the development of technical modules, referred to as the New Experience, has been
skills, soft skills, and leadership. A total of 106,027 made more engaging by showcasing relevant training
participants attended the training, with an average programs for each employee.
learning time of 40.76hours per employee. In an effort
to provide flexible and efficient training, Danamon has Wider utilization and use of the employee communication
enhanced the quality of its internal learning platform and portal have also been implemented. This portal is
added several new e-learning contents. Additionally, used to inform employees about various programs
Danamon collaborates with external learning platforms and products of the Bank and its business group. The
such as LinkedIn Learning and Coursera. With these Bank’s products that are communicated are credit cards
developments, Danamon can offer more affordable and and hajj financing. Regarding credit card products,
accessible training and provide various learning modules employees can find information about various main and
that meet individual and Company development needs. supplementary card programs with various benefits
applicable to them on the employee communication
To prepare sales personnel, Danamon organizes a portal. There is a feature that employees can use to
structured learning training specifically for the Branch submit credit card applications, as well as a tracking
Network called the Branch Sales Academy (BSA). feature where employees can monitor the progress of
This training includes the development of sales skills, their submitted product applications. The performance
product understanding, and effective communication of this communication portal has been quite good,
techniques, enabling participants to offer the best resulting in approximately double the number of credit
customer service and deliver against the stated sales card applications compared to the previous application
targets. mechanisms.
TALENT MANAGEMENT AND WORKER Another improvement made is the addition of AI
CAREER DEVELOPMENT features in the job description drafting module. With
Danamon identifies talents using two main criteria: this feature, users only need to input the job title and
performance and potential, to ensure the availability a few key sentences related to the job description,
and readiness of future leaders, especially in strategic after which they can use the “enhance with AI” feature
positions within the Company. To enhance employee to obtain a longer and more comprehensive narrative
engagement across the organization, Danamon also of the job description. A similar approach is applied to
conducts talent reviews and calibrations to determine the performance feedback menu, where the AI feature
appropriate development plans that align with individual can create a more in-depth narrative elaboration based
potential and position needs. Additionally, succession on the brief input provided by the user regarding the
planning is carried out to maintain business continuity feedback to be given to other employees.
and operational sustainability through leadership
succession to produce leaders with proven ability to
become future leaders who can go with the Company’s
strategy.
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generate revenue, such as sales and collections
INDUSTRIAL RELATIONS personnel, designed to enhance motivation and foster
To ensure compliance with labor regulations and effective sales or collection behaviors. A fair and
harmonious working relationships that help sustain the balanced compensation system is expected to create
increasingly advanced business operations, workplace a productive work environment, drive performance, and
tranquility, and the improvement of worker welfare, motivate Danamon employees to excel and make more
Danamon has agreed to renew the Collective Labor contributions.
Agreement (CLA) with the Labor Union for the period
from August 1, 2024, to July 31, 2026. Additionally, In terms of employee welfare, in addition to providing
to strengthen the bond between employees and BPJS Health and Old Age Security (JHT) facilities,
management, Danamon supports employee Danamon offers health insurance with total benefits
engagement activities across all work locations through management for the family, providing flexibility in
face-to-face recreational activities. usage according to the needs of employees and their
families, pension funds, and mortgage (KPR) facilities
In the area of social activities, Karyawan Danamon Peduli for employees. Danamon also provides motor vehicle
(KDP) run programs to help their fellow employees who allowance facilities through the Car Ownership Cash
are going through hardships, grief, give medical aid, as Program (COCP), where eligible employees receive
well as educational assistance. This KDP program also vehicle allowance in cash that will be added to their
facilitates employees to be able to help other employees monthly salary. Additionally, benefits for retiring
who are affected by disasters. employees are provided in accordance with applicable
laws and regulations.
Danamon also facilitates employee interest and talent
activities through D’Club. These activities take the form HUMAN CAPITAL STRATEGY AND WORK
of routine sports as well as art activities, such as dance PLAN 2025
and music. Not only D’Club internal routine activities, The main work plan for Human Capital in 2025 will
participation in activities organized by the OJK and remain focused on developing employee capabilities
other institutions, both government and private, are also and productivity. This development will be carried out
encouraged. D’Club also organizes sports tournaments through various programs managed internally within
in big cities and other activities such as health seminars, the Company, as well as various collaborative programs
blood donations and bazaars to celebrate Eid al-Fitr and within the MUFG business group in Indonesia. Various
Christmas. talent exchange programs across MUFG business
entities have been designed and will continue to be
EMPLOYEE REMUNERATION AND WELFARE implemented in the future. Furthermore, employee
Danamon formulates its remuneration policy based performance management will also remain necessary.
on the principle of meritocracy, where the Company Underperforming employees will receive development
provides rewards based on competencies and work programs, with ongoing monitoring by their respective
performance. This policy is implemented through the unit leaders. System capabilities will be continuously
SIPASTI strategy, which consistently offers both short- built to allow Danamon to analyze various personnel
term and long-term incentives in the form of financial data for more informed decision-making based on
and non-financial rewards. Employee remuneration reliable data.
components are divided into fixed components based
on job value, job family, market scarcity of the position,
market benchmarks, and variable rewards components
in the form of performance bonuses and incentives.
Performance bonuses are awarded for considering
several aspects, including the Company’s performance
against established targets, industry benchmarks, the
performance of each unit, and individual performance.
Incentives are provided to positions that directly
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INFORMATION
TECHNOLOGY
“Seizing momentum to expedite growth, maintain operational excellence,
and prepare for transitioning towards evolving IT as a business catalyst.
In 2024, Danamon’s IT focused on “Stabilization” which elaborated into
continuous initiatives for franchise building and foundational building to
support Danamon’s digital transformation journey.”
2024 INFORMATION TECHNOLOGY To ensure reliability and service delivery uptime,
ACCOMPLISHMENTS Danamon’s IT also strengthens the on-premises
Danamon’s IT believes that enhancing digital capability infrastructure by providing modern industry-standard
& digital partnership is crucial to catalyse Danamon’s data center facilities. This initiative is achieved through
franchise building. With the drift of customer transactions relocating our core infrastructure to a data center
from physical branches to digital channels, Danamon provider with adequate certification.
continues to enhance our Mobile Banking D-Bank
PRO by adding new capabilities such as mutual fund Danamon’s IT realizes that cybersecurity threat
transactions online, a simplified customer onboarding attempts and variances are increasing worldwide. Thus,
process via Mobile Banking, BPJS-TK subscription fee we continuously strengthen our cyber resilience by
payment, enabled money transfer with Credit Cards implementing several key protections both to secure the
as a source of funds, and virtual debit card creation. Bank from external threats and to prevent exploitation
Improving service to our customers has always been of internal data, such as vulnerabilities, early detection,
our priority, and we upgraded our internal call centre user behaviour analysis, data loss prevention, and end-
system to bring a better experience when servicing our point protection tools. Cyber Maturity Assessment
customers queries. has also been conducted as part of our compliance
with the regulatory requirements. We also realize
As part of our commitment to delivering optimal the importance of Information Security Management
technology services to both business units and System by obtaining ISO 27001 certification in the
customers, technology modernization is kept underway Application Development and Operations of D-Bank
as we continue to revitalize, monitor the utilization, and PRO and Danamon Cash Connect (DCC).
maintain hardware and software capacity appropriately,
allowing Danamon’s IT Infrastructure to quickly respond Danamon’s IT appreciates innovative ideas and
to changes, improve resiliency, and support business aspirations coming from internal and external
growth. The adoption of modern technologies such as stakeholders. To leverage and properly administer this,
Machine Learning has also been implemented to help the D-Champ (Danamon Champions) initiative has been
us better monitor and find the problem’s root cause in a launched and successfully gained fresh ideas from a
timely manner. variety of respondents. And to continue the growth of
the next generation of IT talent, Danamon’s Technology
Trainees (DTT) have been successfully recruited and
integrated into the IT organizations.
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2025 STRATEGY a new platform for Danamon core banking, a new
treasury & trade system, and deploying a more robust
TRANSFORMATION TO BECOME BUSINESS payment hub.
CATALYST
Adoption of Next Generation technology is believed to Cybersecurity will continue to be Danamon focus to
become future business opportunities for Danamon. increase resilient cyber risk management capabilities
Generative Artificial Intelligence (Gen AI), Machine and eliminate threats and vulnerabilities effectively.
Learning (ML), Automation, are key focuses for Danamon is committed to always providing safe services
Danamon’s IT to embrace the role as a business for customers by enhancing our cybersecurity key
catalyst. 2025 will be a checkpoint for Danamon’s IT capabilities through industry standard tools alongside
to fundamentally build the foundation and continue the establishing a stronger governance framework for
deployment of these technologies to several operational cybersecurity.
& tactical processes.
Demand for technology services is growing at a very
Looking to the future of digital capability & digital fast pace, and it is crucial to optimize the partnership
partnership, Danamon will continue our presence by between IT and the Business Unit by continuously
revamping our Mobile Banking system with improved strengthening our IT BPA team. Alongside the delivery
user experience and faster response time. In supporting of IT services, we also realize the importance of
the Bank with modern and reliable data, Data Lakehouse maintaining the quality of deliverables by establishing
& Data Analytic Platform initiatives are built to have Testing Center of Excellence (TCOE) to establish a
better data quality with increased reliability supported standardized end-to-end testing framework & execution
by a robust architecture of cloud computing. strategy.
For other foundational aspects of technology, Danamon’s By the end of 2025, Danamon’s IT aspires to become
IT will continue to ensure the core systems are running Danamon business catalyst while continuing to deliver
on flexible, scalable, and resilient technology, namely business demand with excellent quality in a timely
manner.
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OPERATIONS
“Danamon’s Operations focus on achieving operational excellence to
deliver a better customer experience by striving for a higher standard
of efficiency and effectiveness in operational processes, boosting
technology adoption, improving employee productivity and capability,
and strengthening internal control and cost management.”
Danamon’s Operations is responsible for executing banking transactional processes and has been committed to
improving the efficiency and effectiveness of operational processes to support Danamon business growth. Through
continuous evaluation, Operations aims to provide the best service and control over every transaction.
To continue actively supporting Danamon Aspirations, Operations will continue to align with the Bankwide Strategic
Plan, with Operations Strategic House as follows:
Bankwide
Strategic Plan
Operation’s Aspiration
Achieving “Operation Excellence” to Deliver Better Customer Experience
Boost
Improve employee Strengthen
technology adoption
productivity and internal control
in transforming
capability/upskilling and cost management
Operational processes
Corporate Value Employee Value Proposition
Berkolaborasi • Integritas • Sigap Melayani Global Exposure • Rise to Excellence
• Adaptif • Own Your Future • Wellness and Wellbeing
PERFORMANCE IN 2024
With the main objective to improve customer experience when transacting with Danamon, transformation in process
optimization is implemented through various initiatives.
A. Boost technology adoption in transforming Operational processes.
The following are initiatives related to system improvements, automation, and business process optimization
carried out in 2024, namely:
1. Optimization of the remittance process through enhanced nostro distribution logic and improved customer
experiences in foreign exchange cross-currency incoming funds.
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2. Continued development of the collateral appraisal 2. Prioritizing the internal recruitment process
system and the implementation of QR Code through rotation, job enlargements, employee re-
system for collateral document management. assignments, and executing succession planning
3. Continuously carry out reengineering of the in the leadership team as part of employee career
credit operations area by utilizing RPA (Robotic development.
Process Automation) technology, processing 3. Coaching and training through special and
time optimization, and process accuracy intensive development programs, including
measurement in several operational areas. certifications related to risk management,
4. Implementation of supporting applications to payments and rupiah currency management,
facilitate the clearing process for Treasury capital markets, Custodian Bank, Trade Finance,
derivative transactions, along with continued and collateral appraisers.
development to accommodate the new Treasury 4. Continuously supporting Danamon Bankers
system. Trainee (DBT) program for work functions in
5. Implementation of a custodian system to support Operations, as well as mentoring activities to
an integrated custodian process. sharpen understanding of banking operational
6. Implementation of the banking intermediary processes.
system of MPN G3 on tax payments according to
the mandate of DJP and DJPB. C. Strengthen internal control and cost
7. Support the implementation of Loan Initiation management.
with Current Account as Collateral and Privilege As an effort to strengthen internal control through
Loan for Mortgage Customers. a robust control support system, Operations has
8. Process improvement for the Regulatory focused on several initiatives, such as:
Reporting process, covering Antasena Reporting 1. Implementation of credit processing system
and the Reporting of Foreign Exchange Flow enhancement related to the distribution of
Activities. Corporate group limit sharing.
9. Continue the utilization of digital document 2. Continue developing the dispute and chargeback
storage in wider operational areas. monitoring system for card transactions as
part of risk mitigation and compliance function
B. Improve employee productivity and capability/ fulfilment.
upskilling. 3. Optimization of email management in the Trade
The Operations team’s productivity remained the Operation area to support the Trade Finance
main objective and was implemented through transaction processing function.
various programs, i.e. reskilling and upskilling 4. Enhanced the control functions in the Core
programs, job rotations, leadership trainings, and Banking system for daily transactions.
certifications as well as technology utilization within 5. Implementation of a monitoring system
the Banking industry. The following are programs for documents that have not been fulfilled
carried out throughout 2024, including: in operational areas (TBO/to-be-obtained
1. Implement planned training and development documents).
programs that have been identified based 6. Ensuring operational cost management is
on business and individual employee needs, properly implemented by performing monthly
focusing on the execution of Reskilling financial/ expense analysis/reports.
(expanding capabilities) and Upskilling
(improving capabilities).
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AWARDS AND RECOGNITION IN 2024 The following are initiatives included in the 2025
Danamon’s Operations team has received awards planning, which are:
for their continuous efforts to meet customers’ 1. Continuing the adoption of RPA (Robotic Process
expectations. Automation) technology and Process Re-engineering
1. The 2024 Elite Quality Recognition Award: awarded to optimize processing time and process accuracy
by J.P. Morgan Chase Bank for US Dollar Clearing in several operational areas.
MT202. 2. Supporting Danamon strategic activities in
2. The 2024 Elite Quality Recognition Award: awarded implementing Treasury System Replacement.
by J.P. Morgan Chase Bank for US Dollar Clearing 3. Continuing the automation of the User ID
MT103. management process to enhance control.
3. The US Dollar Payments STP Excellence Award: 4. Reconciliation automation for high-volume
awarded by Citibank for Commercial Payments. transactions.
4. Indonesia Central Securities Depository (KSEI) 5. Continuing process improvement for the Regulatory
award for participation in the development of capital Reporting process, covering Antasena Reporting
market infrastructure KSEI-Cash Management and SLIK Reporting.
System (K-CASH). 6. Continuing Operations support in the implementation
of the Branch Transformation project to ensure that
PLANS FOR THE FUTURE the implementation and design are aligned with the
To anticipate future business challenges and maximize needs, fulfill the control functions, system access
technology utilization, Operations will continue authority, and policies and procedures.
conducting reviews for system improvements, exploring 7. Continuing the training and development program
automation opportunities, and improving processes focusing on the execution of Reskilling (expanding
through collaboration with relevant directorates. capabilities) and Upskilling (improving capabilities)
Operations People Development will also carry out in both soft and technical skills.
the learning and development framework custom-
made for operations working teams and is committed
to executing a strong risk control culture to ensure
seamless operational processes.
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CORPORATE
GOVERNANCE
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CORPORATE
GOVERNANCE
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CORPORATE GOVERNANCE
“Danamon believes that the implementation of Good Corporate
Governance (GCG) is an important element that encourages the
Company to achieve stable and sustainable business growth and
increase its corporate values in both the short and long term.”
In line with the increasingly complex economic • Indonesian General Guidelines for Good Corporate
and industrial development, the implementation of Governance (GCG) issued by the National
Good Corporate Governance (GCG) has become an Committee on Governance Policy (KNKG);
important foundation and is the underlying principles • The Company’s Articles of Association and General
of the Company’s management based on the laws and Meeting of Shareholders (AGMS) resolutions; and
regulations. • The Bank’s GCG Policy.
The implementation of GCG by Danamon is not just Danamon has an Integrated Corporate Governance
to fulfill the regulatory requirement/applicable laws Policy MUFG Group Financial Conglomeration that
and regulations, but is driven by the awareness of the offers guidelines for implementing GCG at every activity
implementation and the continuous improvement of and organizational level at Danamon and Financial
GCG is an important key to improving performance and Services Institutions (FSI) in the MUFG Group Financial
sustainable competitive advantage. Conglomeration.
Over time, Danamon’s existence in the Banking industry COMMITMENT AND OBJECTIVES OF
is inseparable from the harmony that exists between IMPLEMENTING DANAMON’S CORPORATE
Danamon and the environment around its business GOVERNANCE
areas. Danamon’s Board of Commissioners, Board of Directors
and all employees are fully committed to continuously
Danamon makes improvements, adjusts operational improving the quality of GCG implementation using
policies and procedures to comply with applicable the following 5 (five) GCG principles as guidance:
regulations and adopts industry’s best practices, transparency, accountability, responsibility,
develops systems and raises awareness of all employees independency, and fairness.
while considering the interests of Shareholders and
Stakeholders. The aim of achieving stable and sustainable business
growth and increasing corporate values in both the
BASIS FOR THE IMPLEMENTATION GOOD short and long term is supported by GCG the process
CORPORATE GOVERNANCE AT DANAMON and mechanism for evaluating the implementation of
Danamon implements GCG based on the laws GCG which is conducted periodically covering 3 (three)
and regulations that serve as references in the aspects of governance, namely governance structure,
implementation of GCG, including: governance process, and governance outcome,
• Laws of The Republic of Indonesia related Limited in addition to other criteria or indicators for each
Liability Companies, Capital Markets and Banking; assessment factor.
• Financial Services Authority Regulations (POJK)
and Financial Services Authority Circular In line with the development of best practices in
Letters (SEOJK) especially regarding Corporate implementing GCG in the Banking and financial
Governance, Annual Reports, Risk Management, and services industry, Danamon committed to continuously
various regulations related to the implementation of improving its GCG implementation that allows it to meet
Corporate Governance; the ever-changing GCG standards
• Roadmap of Indonesian Corporate Governance; .
• The ASEAN Corporate Governance Scorecard
(ACGS) issued by the ASEAN Capital Market Forum
(ACMF);
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The sustainable implementation of GCG at Danamon aims to:
• Encourage Company performance.
• Increase investor confidence.
• Protect the interests of stakeholders.
• Optimize added value.
• Make positive contributions to the Banking industry, financial industry and the Indonesian economy.
DANAMON’S GOVERNANCE IMPLEMENTATION ROADMAP
Danamon consistently and continuously makes improvements in its governance implementation methods as outlined
in its governance roadmap.
Danamon’s GCG roadmap is detailed below:
2020
• Adjusting the structure and members of the Financial • Improving a number of policies related to Anti-Money
Conglomeration. Laundering and Preventing Terrorism Financing (AML-
• Adjusting the membership structure of committees. CFT) policies.
• Refining and updating charter for corporate governance • Refining and updating a number of policies related
organs. to Risk Management and Integrated Corporate
Governance.
2021
• Refining and updating a number of policies related • Adjusting the membership structure of committees.
to Risk Management and Integrated Corporate • Improving a number of policies related to Anti-Money
Governance. Laundering and Preventing Terrorism Financing (AML-
• Refining and updating a number of policies supporting CFT) policies.
corporate governance implementation. • Making changes to Danamon’s organizational structure.
2022
• Refining and updating a number of policies related • Refining and updating policies supporting corporate
to Risk Management and Integrated Corporate governance implementation.
Governance MUFG Group Financial Conglomeration. • Updating several charter committees.
• Updating the Bank’s Financial Conglomeration
Corporate Charter.
2023
• Updating Danamon’s Code of Conduct. • Merging the Nomination Committee and Remuneration
• Improving a number of policies related to Anti-Money Committee into 1 (one) committee, namely the
Laundering and Preventing Terrorism Financing (AML- Nomination and Remuneration Committee.
CFT), Risk Management and Corporate Governance. • Updating several charter committees.
• Organizations Structure amendments.
2024
• Code of Ethics amendments. • Refining and updating a number of policies related
• Articles of Association amendments. to Risk Management, Corporate Governance and
• Organizations Structure amendments. supporting policies for the implementation of
• Adjustment of the structure and members of the Corporate Governance.
Financial Conglomeration and Corporate Charter. • Refining and updating charter for corporate
• Adjustment of Integrated Corporate Governance governance organs.
Committee membership structure. • Implementing Sharia Banking Certification for
• Establishment and restatement of Board of Directors Independent Parties, and members of Boards of
committees. Directors and Boards of Commissioners.
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STRUCTURE AND MECHANISM OF
CORPORATE GOVERNANCE [IDX G-01]
Danamon implements Corporate Governance based on the following 5 (five) basic Corporate Governance principles:
Transparency Accountability Responsibility Independency Fairness
Danamon is committed Clarity in organizational Danamon is committed Danamon’s organs Danamon ensures that it
to applying transparency functions, duties, and to complying with laws carry out their activities can always fulfil the rights
in disclosing and authorities and responsibilities and regulations and independently and and interest of all of its
providing relevant governed according to the established internal objectively, and avoid any shareholders, both majority
information that is easy charter of each function. policies, ethical values dominating influences and minority. Danamon
for the Shareholders and As an institution, Danamon and standards, principles from any party. Danamon also always provides
Stakeholders to access. is accountable for its and practices. In addition, is committed to running fair and equal treatment
Transparency is also performance. Danamon also works to its business with a priority to all stakeholders.
applied in the decision- realize its responsibility placed on professionalism Fairness herewith
making process as to both the society and and free from conflicts of includes equality, balance,
reflected in the minutes the environment in order interest and influence or and justice in fulfilling
of the meetings. to achieve long-term pressure from any party that Stakeholders rights
business continuity and is in violations of regulatory based on agreements,
gain recognition as a good provisions and ethical regulatory provisions, and
corporate citizen. values as well as standards, ethical values as well as
principles, and practices. standards, principles, and
practices.
At Danamon, GCG is implemented through a series of activities (Governance Structure, Governance Process, and
Governance Outcome) based on GCG principles and guided by the company’s commitment.
GOVERNANCE STRUCTURE [GRI 2-9]
Danamon has established a corporate governance structure that reflects the principle of checks and balance to
support the implementation of good corporate governance so that it can run systematically and structured.
General Meeting of Shareholders
Board of Check and Balance Board of
Commissioners Directors * Notes: Establishment and Restatement of the
Board of Directors’ Committees effective as of
September 24, 2024.
Internal Audit Integrated Risk Management
Audit Committee Committee
Unit
Information Technology
Risk Oversight Committee Steering Committee
Nomination and Remuneration Asset & Liability Committee
Committee (ALCO)
Corporate Governance
Risk Management Committee
Committee
Integrated Corporate Sustainability
Governance Committee Sub-Committee
Information Disclosure
Sub-Committee
Credit or Financing
Committee
Credit or Financing Policy
Committee
Risk Compliance Corporate Global Alliance Corporate
Finance Human Capital Other Units
Management Unit Unit Secretary Strategy Strategy Office
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GOVERNANCE PROCESS
Danamon as the Main Entity has prepared and established the Integrated Corporate Governance MUFG Group
Financial Conglomeration Policy in Indonesia. This policy offers a main guideline for the implementation of integrated
corporate governance that must be followed by all Entities in the Financial Conglomeration MUFG Group in Indonesia.
In May 2024, the Integrated Corporate Governance MUFG Group Financial Conglomeration Policy was refined and
updated in accordance with the issuance of POJK No.17 of 2023 on the Implementation of Corporate Governance
for Commercial Banks and the addition of PT Home Credit Indonesia as a member of MUFG Group Financial
Conglomeration.
Danamon also has an internal Policy for Corporate Governance to comply with regulatory provisions and support
infrastructure and implementation of Good Corporate Governance, including:
Subject Type of Internal Policy
Internal Policy Articles of Association
Code of Conduct (formerly known as Code of Ethics)
Board of Commissioners and Board of Commissioners Charter
Board of Directors Board of Directors Charter
Committee under Board of Risk Oversight Committee Charter
Commissioners Audit Committee Charter
Nomination and Remuneration Committee Charter
Corporate Governance Committee Charter
Integrated Corporate Governance Committee Charter
Committee under Board of Risk Management Committee Charter
Directors Credit or Financing Policy Committee Charter
Credit or Financing Committee Charter
Information Technology Steering Committee Charter
Integrated Risk Management Committee Charter
Asset and Liability Committee Charter
Corporate Governance & Integrated Corporate Governance MUFG Group Financial Conglomeration Policy
Guidelines
Integrated Governance Financial Conglomeration Corporate Charter for MUFG Group
Corporate Secretary Appointment of Corporate Secretary No. KSR-DIR.Corp.Sec.003
Affiliate and Conflicts of Policy for Transactional Conflict of Interest and Information Wall Management
Interest Transactions
Anti Fraud Anti-Fraud Management Policy and Framework
Audit Integrated Internal Audit Charter
Risk Management Risk Management Policy – Bank and Consolidated
Integrated Risk Management Policy (IRMP) of MUFG Group Financial Conglomeration
Anti Money Laundering Policy for Implementation of Anti Money Laundering (AML), CounterTerorism Financing (CFT), and Counter
Proliferation of Weapon of Mass Destruct Financing Programs (CPF)
Whistleblowing System Fraud Handling Policy
Procurement Procurement Policy
Anti-Corruption Policy Anti-Bribery and Corruption Policy
Other Policies Dividend Policy
Customer Complaint Handling Policy
Shareholder Communication Policy
Related Party Policy
Danamon continues to implement good governance principles in various aspects and at every level of the organization.
In 2024, various initiatives to strengthen the implementation of corporate governance through the alignment of
corporate governance implementation with regulatory provisions and improvements in structure and supporting
governance policies, including:
1. Establishment of the Credit or Financing Committee and the Credit or Financing Policy Committee in order to
improve the implementation of POJK No.17 of 2023 concerning the Implementation of Corporate Governance for
Commercial Banks.
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2. Improvement in the Integrated Corporate 20. Improvement in Committee Charter under Board of
Governance Policy. Directors, namely the Integrated Risk Management
3. Improvement in policies related to risk management, Committee, Asset and Liability Committee (ALCO),
including: Credit or Financing Committee , Credit or Financing
• Risk Management Policy – Bank and Consolidated. Policy Committee, Sustainability Sub-committee,
• Integrated Risk Management Policy (IRMP) of and Risk Management Committee.
MUFG Group Financial Conglomeration.
• Integrated Capital Management Policy of MUFG GOVERNANCE OUTCOME
Group Financial Conglomeration. To sustainably improve the way it implements Good
• Capital Management Policy. Corporate Governance, Danamon makes semi-
• Risk Appetite Statements Policy. annual self-assessments of the quality of corporate
• Policy Hierarchy and Standards Policy. governance implementation, for the positions of June
• Sustainability Policy. and December in accordance with the Bank’s Health
• Market and Liquidity Risk Management Policy. Level assessment period. In addition, Danamon also has
• Credit Risk Policy. an independent external party makes the assessment
• Operational Risk Management Policy. of the implementation of Good Corporate Governance
• Recovery Plan Policy. to get more objective and impartial assessment results.
• Expected Credit Loss Policy (CKPN).
4. Improvement in Fraud Handling Policy. 1. Internal Assessment
5. Improvement in Dividend Policy. Danamon makes a self-assessment of the
6. Improvement in Information Technology Policy. implementation of Corporate Governance semi-
7. Improvement in Customer Protection Policy and annually or the positions at the end of June and
Customer Service Code of Ethics. December, in accordance with the provisions
8. Improvement in Financial Literacy and Inclusion of POJK No.17 of 2023 and SEOJK No.13/
Activity Policy. SEOJK.03/2017 concerning the Implementation of
9. Improvement in Communication Policy with Corporate Governance for Commercial Banks.
Shareholders. a. Procedure
10. Improvement in Bank Danamon Sanctions Policy. Self-assessment of the quality of the
11. Improvement in Human Capital Policy. implementation of the principles of corporate
12. Improvement in Employment Development and governance in a comprehensive and structured
Sanctions Policy. manner integrated into 3 (three) aspects of
13. Improvement in Policy of Delegating part of the governance, namely
work to other parties for a coorporation relationship 1) Governance Structure
of business process outsourcing and labor supply The Governance Structure Assessment
(Outsourcing). aims to assess the adequacy of the Bank’s
14. Improvement in Project Policy. Governance structure and infrastructure
15. Improvement in Fund Transfer Pricing (FTP) Policy. to ensure good Corporate Governance
16. Improvement in Contingency Funding Plan (CFP) principles application produces outcomes
Policy. that meet the expectations of the Bank’s
17. Improvement in Financial Conglomeration Corporate Stakeholders.
Charter for MUFG Group in accordance with the 2) Governance Process
addition of PT Home Credit Indonesia as a member The Governance Process Assessment aims
of Financial Conglomeration MUFG Group. to assess the effectiveness of the Good
18. Improvement in Board of Commissioners Charter Corporate Governance principle application
and Board of Directors Charter. process supported by the adequacy of
19. Improvement in Committee Charters under Board the Bank’s Governance structure and
of Commissioners, namely the Audit Committee, infrastructure to ensure the Bank will show
Corporate Governance Committee, Nomination and outcomes that meet the expectations of the
Remuneration Committee, and Integrated Corporate Bank’s Stakeholders.
Governance Committee.
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3) Governance Outcome d. Self-Assessment Results
The Governance Outcome aims to assess The results of the Bank’s self-assessment of the
the quality of the Bank’s outcomes that meet implementation of Good Corporate Governance
the expectations of the Bank’s Stakeholders at the Bank are an integral part of the Corporate
as the outcomes of the Good Corporate Governance Implementation Report.
Governance principle application process
and supported by the adequacy of the Bank’s The results of the self-assessment of the
Governance structure and infrastructure. Corporate Governance Implementation are one
b. Criteria of the factors in the scope of the Bank Health
A self-assessment of the implementation Level Assessment using the risk approach
of Governance includes at least 11 (eleven) or RBBR, which are carried out at least semi-
assessment factors of the implementation of annually for the positions at the end of June and
Governance, namely the end of December as regulated in POJK No.4/
1) Implementation of the duties and POJK.03/2016 and SEOJK No.14/SEOJK.03/2017
responsibilities of the Board of Directors. concerning the Assessment of the Health Level
2) Implementation of the duties and of Commercial Banks.
responsibilities of the Board of
Commissioners. In semester I and II of 2024, the results of the
3) Completeness and execution of committee Bank’s corporate governance self-assesment
duties. are as follows:
4) Handling of conflicts of interest.
5) Implementation of the compliance function. Rating Rating Definition
6) Implementation of the internal audit function.
2 (Good) Reflecting that Danamon Management has implemented
7) Implementation of the external audit function.
corporate governance that is generally Good. This
8) Implementation of risk management including is reflected in the adequate fulfillment of corporate
governance principles. If there are weaknesses in the
the Internal control system. application of the principles of governance, in general,
9) Provision of funds to related parties and this weaknesses are less significant and can be
resolved by normal actions by Danamon Management.
Provision of large funds (large exposure).
10) Transparency of the Bank’s financial and non-
financial conditions, Corporate Governance Based on the assessment results of 11 (eleven)
Implementation Report and Internal Reports. assessment factors of corporate governance
11) The Bank’s strategic plan. implementation, Danamon has adequate
c. Parties conducting the assessment governance structure and infrastructure
Self-assessment of the 11 (eleven) assessment that supports the effectiveness of the good
factors is carried out by involving related corporate governance principle application
functions or working units, including the Board of process and the quality of the implementation of
Commissioners, Board of Directors, Committees, Corporate Governance principles that can meet
Internal Audit Working Unit, Compliance Working Stakeholders’ expectations.
Unit, Risk Management Working Unit, Corporate
Secretary, and other related working units.
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2. External Assessment
a. ASEAN Corporate Governance Scorecard (ASEAN CG Scorecard)
Danamon continues to improve good corporate governance principle application and by that, expects to
provide added value for all of its stakeholders. One of the efforts Danamon makes is using the ASEAN CG
Scorecard as a guide to improving the implementation of corporate governance principles on an ongoing
basis.
The ASEAN CG Scorecard is an initiative of the ASEAN Capital Market Forum (ASEAN) to integrate the
capital markets of member countries of the Association of Southeast Asian Nations (ASEAN). The ASEAN
CG Scorecard has been implemented since 2011. The ASEAN CG Scorecard is a quantitative tool to measure
the compliance of public companies in ASEAN with corporate governance guidelines according to exemplary
practices based on international standards, especially the principles of corporate governance issued by the
Organisation for Economic Cooperation and Development (OECD).
b. Indonesian Institute for Corporate Directorship (IICD)
In order to encourage the implementation of good corporate governance for all issuers in Indonesia and provide
support to regulators simultaneously. Since 2017, IICD has consistently assessed 200 Issuers based on the
Largest and Medium Market Capitalization based on the ASEAN CG Scorecard 2023 assessment method.
IICD as an external assessor has independently assessed Danamon for the implementation of good corporate
governance.
Commitment to the implementation of sustainable corporate governance has earned Danamon several awards
in 2024, including:
1) GRC Awards 2024:
a. The Most Committed GRC Leader 2024 – Daisuke Ejima as President Director of Danamon.
b. TOP GRC Awards 2024 #4 Stars.
2) The 15th IICD Corporate Governance Conference and Award:
a. Best Responsibility of The Board - The Board of Commissioners is considered responsible for protecting
the interests of shareholders and ensuring good Corporate Governance practices.
b. Top 50 Issuers with the Largest Market Capitalization (Big Cap PLCs).
DANAMON’S CORPORATE
GOVERNANCE
IMPLEMENTATION REPORT
Danamon’s Corporate Governance Implementation Report covers all aspects of the Bank’s corporate governance
implementation that have been prepared by referring to applicable laws and regulations and best practices in the
implementation of corporate governance implementation that applies universally. The issuance of Danamon’s
corporate governance implementation report is part of the Bank’s responsibility to implementing the transparency
principle for the Stakeholders and to fulfill the prevailing laws and regulations.
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GENERAL MEETING OF
SHAREHOLDERS
The General Meeting of Shareholders (GMS) is a Public with a nominal value of Rp50,000.00 per share, and
Company’s organ with authorities delegated to neither 17,760,000,000 series B shares with voting rights, each
the Board of Directors nor the Board of Commissioners, with a nominal value Rp500.00 per share. Of this capital,
as specified in laws on Limited Liability Companies and/ shareholders have 9,773,552,870 shares which consist
or the Articles of Association of the Public Company. of 22,400,000 series A shares and 9,751,152,870 series
B shares. Shareholders consist of holders of series A
GMS consists of an Annual GMS and other forms shares and holders of series B shares. All shares issued
(Extraordinary GMS): by Company are registered shares.
1) Annual GMS (AGMS)
Board of Directors shall hold the AGMS annually, no Rights and Authorities of Shareholders
later than 6 (six) months after the financial year end Company does not divide its shares into special
as referred to in the laws and regulations and the types of shares or ordinary shares. All shareholders
Company’s Articles of Association, preceded by the have equal rights and obligations. Shareholders can
Announcement and Invitation of the GMS. participate in managing the Company through the GMS.
2) Extraordinary GMS (EGMS) A GMS can be held at the request of shareholders with
Extraordinary GMS shall be held by a Public preconditions as stipulated in laws, regulations and
Company at any time based on the need for the Company’s Articles of Association.
interest of the Public Company as referred to in the
laws and regulations and the Articles of Association Shareholders reserve the right to participate in making
of the Company, preceded by the Announcement decisions related to amendments to the Articles of
and Invitation of the GMS. Association and other fundamental changes regarding
the Company. Shareholders also have the right to
Legal Basis for GMS Implementation participate effectively and use votes in the GMS, as well
The Company convenes GMS with reference to the as the right to obtain information regarding the GMS,
following Law No. 40 of 2007 concerning Limited which includes information on meeting agendas, as well
Liability Companies, FSA Regulation (POJK) No.15/ as rules and procedures for voting.
POJK.04/2020 concerning Planning and Holding
General Meeting of Shareholders of Public Limited The Company protects the rights of its shareholders and
Companies, POJK No.16/POJK.04/2020 concerning helps to ensure that the basic rights of shareholders are
the Implementation of Electronic General Meetings of upheld. The basic rights of shareholders include:
Shareholders of Public Limited Companies, Company’s 1. Obtaining relevant and material Information about
Articles of Association, Danamon’s Corporate Company in a timely and regular manner.
Governance Guidelines. 2. Attending and voting at the GMS.
3. Obtaining a resolution in the event that shareholders
SHAREHOLDERS disagree with the Company’s activities and corporate
Shareholders are owners of capital whose names actions.
are registered as shareholders within Company’s 4. Obtaining Dividends in accordance with the dividend
shareholders’ registry. Company has a total authorized policy and GMS Resolution.
capital of 17,782,400,000 shares. The shares consist 5. Exercising other rights based on the Articles of
of 22,400,000 series A shares with voting rights, each Association and prevailing laws and regulations.
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Limitations for Shareholders
1. Shareholders are not allowed to intervene in Decision making in the GMS is carried out in the
the Company’s operations and directors and following manner:
commissioners must refuse the intervention. 1. The GMS shall make decisions based on deliberation
2. Controlling shareholders can coordinate in the to reach a consensus. In the event a consensus is
preparation of the business strategies, corporate not reached on a particular agenda item, then the
plan, and business plan. decisions shall be made through voting.
3. Supervision by the controlling shareholders can 2. Voting shall be carried out with due consideration on
only be carried out through the GMS or through the GMS’ attendance quorum and decision quorum,
policy coordination and the conduct of audits in as stipulated in Company’s Articles of Association.
accordance with applicable regulations. 3. In voting, the votes cast by the shareholders apply
4. Controlling shareholders must avoid conflicts of to all of the shares they own. Shareholders are not
interest. entitled to give power of attorney to more than one
5. Controlling shareholders are prohibited from abusing proxy for a portion of the number of shares they own
the dominance of ownership or control which may with different votes.
result in the violation of the GCG principles. 4. In votes calculation, 1 (one) share gives the holder
6. The Board of Commissioners and Board of Directors the right to cast 1 (one) vote. If a shareholder has
must refuse requests for information regarding more than 1 (one) share, then the shareholder is only
Company from controlling shareholders that are eligible for 1 (one) vote at a time. A vote represents
not in accordance with the principle of fairness and the entire number of shares a shareholder owns
equality. based on the voting cards the shareholder receives.
7. Shareholders are prohibited from utilizing the 5. Members of both the Boards of Commissioners and
Company for personal gains, family, Company or Board of and Company’s employees shall refrain
business group with enthusiasm and ways that from acting as shareholder proxies.
conflict with the laws and regulations and fairness in 6. In the event that GMS makes decision on cash
the Banking and financial fields. dividend distribution, then cash dividend payment
to the entitled shareholders shall be made no later
Shareholders Access to Information than 30 (thirty) days after a summary of the minutes
Access to shareholder information is listed in the of the referred GMS.
Company Information Access Information chapter of
this Annual Report.
GMS Voting Mechanisms and Vote Counting
Company has compiled and prepared a Code of
Conduct for its GMS. This GMS Code of Conduct, which
is made available on its official website and delivered
and read out at the opening of a GMS, contains voting
procedure and calculation. Prior to each of the voting,
the chairman of the GMS shall give an opportunity for
shareholders with the rights to inquiries and/or their
proxies to ask questions and/or share their opinions to
ask questions and/or give their opinions to the chairman
of the GMS before voting is conducted for each agenda
item of the GMS.
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GENERAL MEETING OF SHAREHOLDERS IN 2024 [IDX G-02]
The Convention of AGMS
In 2024, The Company held 1 (one) Annual General Meeting of Shareholders (“AGMS”). The 2024 AGMS was
convened in accordance with the provisions in the Company’s Articles of Association, POJK No.15/POJK.04/2020
concerning Planning and Holding General Meetings of Shareholders of Public Limited Companies and POJK No.16/
POJK.04/2020 concerning the Implementation of Electronic General Meeting of Shareholders of Public Limited
Companies.
The holding process of the 2024 AGMS is as follows:
Friday, March 22, 2024
Date and Time
The AGMS was opened at 2.16 pm to 3.37 pm (West Indonesia Time)
Place Bank Danamon Tower, Auditorium, 23rd Floor
Jl. H.R. Rasuna Said, Block C No. 10, Karet Setiabudi, Jakarta 12920
Quorum In accordance with the Shareholders Registry as 28 February 2024, the total number of entitled shares is
(Shareholder Attendance) 9,773,552,870 shares. The number of shares with voting rights that attended the AGMS was 9.166.782.937
shares or approximately 93,792% of the total shares issued by the Company. As such, this has fulfilled
the required quorum (more than 2/3 of the total shares with valid voting rights issued by the Company).
Therefore, the AGMS is valid to be held and to make decisions.
AGMS Chairman The AGMS was chaired by Halim Alamsyah, Vice President Commissioner (Independent) of the Company,
in accordance with Articles of Associations of the Company and Circular Resolutions of the Board of
Commissioners.
Attendance of The Board of The Board of Commissioners physically present:
Commissioners 1. Yasushi Itagaki, President Commissioner
2. Halim Alamsyah, Vice President Commissioner (Independent)
3. Peter Benyamin Stok, Independent Commissioner
4. Nobuya Kawasaki, Commissioner
5. Hedy Maria Helena Lapian, Independent Commissioner
The Board of Commissioners attended via the Webex:
1. Dan Harsono, Commissioner
Attendance of the Sharia Sharia Supervisory Board physically present:
Supervisory Board 1. M. Sirajuddin Syamsuddin, Chairman
2. Hasanudin, Member
3. Asep Supyadillah, Member
Attendance of The Board of Directors physically present:
Directors 1. Daisuke Ejima, President Director
2. Honggo Widjojo Kangmasto, Vice President Director
3. Hafid Hadeli, Vice President Director
4. Herry Hykmanto, Director
5. Rita Mirasari, Director
6. Dadi Budiana, Director
7. Muljono Tjandra, Director
8. Naoki Mizoguchi, Director
Independent Party to calculate The Company had appointed Mala Mukti, S.H., LL.M. as Notary and PT Adimitra Jasa Korpora as Securities
quorum and vote on AGMS Administration Bureau respectively as authorized parties to calculate the quorum and voting.
decisions
Number of shareholders who asked There were no questions or opinions raised by the shareholders on each agenda item.
questions and/or provided opinions
at the AGMS
AGMS decision making mechanism 1. Meeting decisions are taken based on deliberation to reach consensus.
2. In the event that a consensus is not reached, decisions shall be made through voting on the agenda of
the Meeting. A decision is valid if it is approved by more than 2/3 (two thirds) of the total shares with
voting rights present and/or represented at the Meeting.
3. Abstain/Blanko votes shall be considered to cast the same vote as the majority of shareholders who cast
votes.
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Phases of AGMS 2024 Implementation
Matter Date Reporting Media
Notification of PT Bank Danamon Indonesia Tbk (Company) Annual General Meet- February 2, 2024 OJK and IDXnet Electronic Re-
ing of Shareholders (AGMS) Plan to OJK porting Facilities
Announcement of the Annual General Meeting of Shareholders (AGMS) of PT February 13, 2024 OJK and IDXnet Electronic Re-
Bank Danamon Indonesia Tbk (Company) porting Facilities, eASY.KSEI, and
Company Website
Invitation to the Annual General Meeting of Shareholders (AGMS) of PT Bank February 29, 2024 OJK and IDXnet Electronic Re-
Danamon Indonesia Tbk (Company) porting Facilities, eASY.KSEI, and
Company Website
The conduct of the AGMS of PT Bank Danamon Indonesia Tbk (Company) March 22, 2024 -
Submission of Summary Minutes of the Annual General Meeting of Shareholders March 26, 2024 OJK and IDXnet Electronic Re-
(AGMS) of PT Bank Danamon Indonesia Tbk (Company) porting Facilities, eASY.KSEI, and
Company Website
Submission of Minutes of the Annual General Meeting of Shareholders (AGMS) of April 5, 2024 OJK and IDXnet Electronic Re-
PT Bank Danamon Indonesia Tbk (Company) porting Facilities
The Company has uploaded information about the 2024 AGMS on its official website, such as description on Meeting
agenda, profiles of Public Accountants and Public Accounting Firms, profiles of prospective Members of the Board
of Directors, Meeting rules and other Meeting materials.
Decisions and Realization of the 2024 AGMS
The AGMS has decided on 6 (six) meeting agenda items. All meeting decisions have been realized in 2024, as listed
below:
AGMS – First Agenda
1. Approved the Annual Report of the Company’s for financial year ended on 31 December 2023.
2. Approved the consolidated financial statements for the financial year ended on 31 December 2023 which was audited by the Public Accountants
Firm of Imelda & Rekan (a member firm of Deloitte Touche Tohmatsu Limited) as described in the Independent Auditor’s Report dated 16
February 2024, Number 00015/2.1265/AU.1/07/0849-3/1/II/2024, with an unmodified opinion.
3. Approved the Board of Commissioners Supervisory Report of the Company for financial year ended on 31 December 2023.
4. Give release and discharge (“volledig acquit et decharge”) to: (i) the Board of Directors of the Company in the performance of duties and
responsibilities for the management as well as the duties and responsibilities to represent the Company; (ii) the Board of Commissioners of the
Company in the performance of duties and oversight responsibilities, duties, and responsibilities in providing guidance and advice to the Board
of Directors, and (iii) the Sharia Supervisory Board in the performance of duties and responsibilities of supervision of the Sharia aspects of the
implementation of the Company’s business activities in accordance with Islamic principles as well as providing advice and suggestions to the
Board of Directors, which is done in the financial year ended on 31 December 2023, as long as the duties and responsibilities are reflected in the
annual report for the financial year ended on 31 December 2023.
Total Abstain and Agree Votes: 9,166,718,037 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
3,360,614 shares or 0.037% 64,900 shares or 0.001% 9,163,357,423 shares or 99.963%
AGMS – Second Agenda
Approved the appropriation of the Company’s net profit for the financial year ended on 31 December 2023 in total amount of IDR3,503,882,000,000
(three trillion five hundred three billion eight hundred eighty two million rupiah) with detail as follow:
1) 1% (one percent) of net profit or approximately IDR35,038,820,000 (thirty-five billion thirty-eight million eight hundred and twenty thousand
rupiah) is set aside for reserve fund to comply with Article 70 of the Limited Liability Company Law.
2) 35% (thirty five percent) of net profit or approximately IDR1,226,358,700,000 (one trillion two hundred twenty six billion three hundred fifty
eight million seven hundred thousand rupiah) or IDR125,48 (one hundred twenty five point forty eight rupiah) per share, with the assumption
that total issued shares of the Company at the Recording Date is not more than 9,773,552,870 (nine billion seven hundred seventy three million
five hundred fifty two thousand eight hundred and seventy) shares, to be distributed as dividend for the financial year 2023, with the following
provisions:
a. The dividend shall be paid to the shareholders whose names are registered in the Shareholders’ Registry on a date to be stipulated by the
Board of Directors of the Company (further referred to as the “Recording Date”).
b. The unclaimed dividend after 5 (five) years since it was declared, will be booked at the special reserve and the procedure to claim the
dividend booked at the special reserve can be accessed through the Company website.
c. The Shareholder dividend tax will comply with the applicable tax regulations.
d. The Board of Directors is hereby authorized and empowered to stipulate all matters regarding or relating to the implementation of dividend
payment for the financial year 2023, including (however without limitation) to:
1. determine the Recording Date for the shareholders of the Company who are entitled to receive dividend payment for the financial year
2023.
2. determine the date of implementing payment of dividend for the financial year 2023, taking into consideration and without prejudice to
the regulations of the Stock Exchange where the shares of the Company are listed.
3) The remaining amount of the Net Profit for the financial year 2023 which is not determined shall be booked as retained earning of the Company.
Total Abstain and Agree Votes: 9,166,716,037 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
480,300 shares or 0.005% 66,900 shares or 0.001% 9,166,235,737 shares or 99.994%
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AGMS – Third Agenda
1. Re-appoint Elisabeth Imelda as Public Accountant and Imelda dan Rekan, (a member firm of Deloitte Touche Tohmatsu Limited) as Public
Accounting Firm, which is listed in the Financial Services Authority to audit the Company’s consolidated financial statement for the financial year
2024.
2. Authorize the Board of Commissioners to:
a. Determine the amount of honorarium and other requirements relating to the appointment of the Public Accountant and Public Accounting
Firm.
b. Determine a substitute Public Accounting Firm and/or Public Accountant in the event that the Public Accounting Firm of Imelda dan Rekan
and/or the Public Accountant of Mrs. Elisabeth Imelda, due to any reason, cannot complete theaudit process of the Company’s 2024
Financial Statement.
Total Abstain and Agree Votes: 9,166,718,037 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
480,300 shares or 0.005% 64,900 shares or 0.001% 9,166,237,737 shares or 99.994%
AGMS – Fourth Agenda
1. a. Approved the total payment of bonus/tantieme which will be distributed to the Board of Commissioners of the Company for the financial
2023.
b. Approved the total payment of salary/honorarium and/or allowances to the Board of Commissioners of the Company for financial year 2024.
c. Approved the delegation of authority to the President Commissioner of the Company to determine the bonus/tantieme for the financial
year 2023 and the total amount of salary/honorarium and/or allowances for the financial year 2024 to each member of the Board of
Commissioners of the Company based on the recommendation of Nomination and Remuneration Committee.
2. a. Approved the total payment of bonus/tantieme which will be distributed to the Sharia Supervisory Board of the Company for the financial
2023.
b. Approved the total payment of salary/honorarium and/or allowances to the Sharia Supervisory Board of the Company for the financial year
2024.
c. Approved the delegation of authority to the Board of Commissioner of the Company to determine the bonus/tantieme for the financial year
2023 and the total amount of salary/honorarium and/or allowances for the financial year 2024 to each member of the Sharia Supervisory of
the Company, based on the recommendation of Nomination and Remuneration Committee.
3. a. Approved the total payment of bonus/tantieme which will be distributed to the Board of Directors of the Company for the financial year 2023.
b. Approved the total payment of the salary and allowances and/or other income to the Board of Directors of the Company for the financial
year 2024.
c. Approved the delegation of authority to the Board of Commissioner of the Company to determine the bonus/tantieme for the financial year
2023 and the total payment of salary and allowances and/or other income for financial year 2024 to each member of the Board of Directors
of the Company, based on the recommendation of Nomination and Remuneration Committee.
Total Abstain and Agree Votes: 9,166,686,337 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
609,931 shares or 0.007% 96,600 shares or 0.001% 9,166,076,406 shares or 99.992%
AGMS – Fifth Agenda
1. a. Approved the termination of Mr. Naoki Mizoguchi’s term of office as Director of the Company effective April 1, 2024.
b. Approved to appoint Mr. Jin Yoshida as Director of the Company where his appointment will be effective after his position as Director of PT
Adira Dinamika Multifinance (“ADMF”) ends in accordance with the decision of the ADMF GMS and passes the fit and proper test (fit and
proper test) from the Financial Services Authority, for a term of office corresponding to the remaining term of office of the members of the
Company’s Board of Directors currently serving.
c. After fullfilling the requirements of points a and b above, the composition of the Company’s Board of Directors will be as follows:
Board of Directors
President Director Daisuke Ejima
Vice President Director Honggo Widjojo Kangmasto
Vice President Director Hafid Hadeli
Director Herry Hykmanto
Director Rita Mirasari
Director Dadi Budiana
Director Muljono Tjandra
Director Thomas Sudarma
Director Jin Yoshida
for a term of office until the closing of the AGMS in 2026 which will be held no later than June 2026, without prejudice to the rights of the
General Meeting of Shareholders to dismiss them (them) at any time.
2. Approved to authorize the Company’s Board of Directors to declare these decisions In one or more deed of meeting decisions made before a
Notary, notify the change in the Company’s data to the Minister of Law and Human Rights of the Republic of Indonesia to obtain a letter of receipt
of notification of changes to the Company’s data.
Total Abstain and Agree Votes: 9,095,168,467 shares or 99.219%
The results of calculation
Abstain Disagree Agree
voting card
609,931 shares or 0.007% 71,614,470 shares or 0.781% 9,094,558,536 shares or 99.212%
300 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
AGMS – Sixth Agenda
1. Approved changes to the provisions in the Company’s Articles of Association namely article 11 paragraph 5 (c), article 12 paragraph 11, article
14 paragraph 1, article 15 paragraph 10, article 18 paragraph 7 (a) and (b) and article 25 paragraph 4 in order to adjust to the provisions and
regulations in connection with:
- POJK Number 17 of 2023 concerning the Implementation of Governance for Commercial Banks Article 8;
- POJK Number 12 of 2023 concerning Sharia Business Units Articles 10, 11, 12;
- POJK Number 14/POJK.04/2022 concerning the Submission of Periodic Financial Reports by Issuers or Public Companies;
- Decree of the Directors of PT Bursa Efek Indonesia Number Kep00023/BEI/03-2015 concerning the Determination of The Cash Dividend
Schedule;
- Decree of the Directors of PT Bursa Efek Indonesia Number Kep00077/BEI/09-2021 concerning Changes to the Provisions for Implementing
the Distribution of Share Dividends, Bonus Shares and Distribution of Interim Dividends.
- POJK No 15/POJK.04/2020 concerning Plans and Organizing General Meetings of Shareholders of Public Companies
- Articles of Association of the Company Article 27 paragraph 1 in conjunction with Article 19 paragraph (1) of the Limited Liability Company
Law, changes to the Articles of Association are determined by the General Meeting of Shareholders.
2. Give approval to the Company’s Board of Directors to restate the approved changes to the Articles of Association as referred to in point 1 above
and at the same time re-arrange all provisions of the Company’s Articles of Association into one Notarial deed and make editorial changes if
necessary in accordance with applicable regulations, then submit an application to the Minister of Law and Human Rights of the Republic of
Indonesia to obtain approval or receipt of notification of changes to the Articles of Association, register it in the Company Register and publish
it in the State Gazette of the Republic of Indonesia.
Total Abstain and Agree Votes: 9,105,708,200 shares or 99.334%
The results of calculation
Abstain Disagree Agree
voting card
480,300 shares or 0.005% 61,074,737 shares or 0.666% 9,105,227,900 shares or 99.328%
GENERAL MEETING OF SHAREHOLDERS IN THE PREVIOUS YEAR
In 2023, The Company held 1 (one) Annual General Meeting of Shareholders (“AGMS”) on March 31, 2023 and
decided on 6 (six) meeting agenda items, all meeting decisions have been implemented in 2023 as listed below:
AGMS – First Agenda
1. Approved the Company’s Annual Report for the financial year ended December 31, 2022.
2. Approved the consolidated financial statements for the financial year ended on December 31, 2022 which was audited by the Public Accountants
Firm of Imelda & Rekan (a member firm of Deloitte Touche Tohmatsu Limited) as described in the Independent Auditor’s Report dated 14
February 2023, Number 00017/2.1265/AU.1/07/0849-2/1/II/2023, with an unmodified opinion.
3. Approved the Board of Commissioners Supervisory Report of the Company for financial year ended at December 31, 2022.
4. Give release and discharge (“volledig acquit et decharge”) to: (i) the Board of Directors of the Company in the performance of duties and
responsibilities for the management as well as the duties and responsibilities to represent the Company; (ii) the Board of Commissioners of the
Company in the performance of duties and oversight responsibilities, duties, and responsibilities in providing guidance and advice to the Board
of Directors, and (iii) the Sharia Supervisory Board in the performance of duties and responsibilities of supervision of the Sharia aspects of the
implementation of the Company’s business activities in accordance with Islamic principles as well as providing advice and suggestions to the
Board of Directors, which is done in the financial year ended on December 31, 2022, as long as the duties and responsibilities are reflected in
the annual report for the financial year ended on December 31, 2022.
Total Abstain and Agree Votes: 9,123,598,322 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
5,188,595 shares or 0.057% 64,900 shares or 0.01% 9,118,409,727 shares or 99.942%
AGMS – Second Agenda
Approve the appropriation of the Company’s net profit for the financial year ended on December 31, 2022 in total amount of IDR3,302,314,000,000
(three trillion three hundred two billion three hundred and fourteen million rupiah) with detail as follow:
1. 1% (one percent) of the net profit or more or less IDR33,023,140,000 (thirty three billion twenty three million one hundred and forty thousand
rupiah) to be set aside for the reserve fund to comply with Article 70 of the Law on Limited Liability Companies.
2. 35% (thirty five percent) of the net profit or more or less in total of IDR1,155,809,900,000 (one trillion one hundred fifty five billion eight hundred
nine million nine hundred thousand rupiah) or IDR118.26 (One hundred eighteen point twenty six rupiah) per share, with the assumption that
total issued shares of the Company at the Recording Date is not more than 9,773,552,870 (nine billion seven hundred seventy three million
five hundred fifty two thousand eight hundred and seventy) shares, to be distributed as dividend for the financial year 2022, with the following
provisions:
a. The dividend shall be paid to the shareholders whose names are registered in the Shareholders’ Registry on a date to be stipulated by the
Board of Directors of the Company (further referred to as the “Recording Date”).
b. The unclaimed dividend after 5 (five) years since it was declared, will be booked at the special reserve and the procedure to claim the
dividend booked at the special reserve can be accessed through the Company website.
c. The Shareholder dividend tax will comply with the applicable tax regulations.
d. The Board of Directors is hereby authorized and empowered to stipulate all matters regarding or relating to the implementation of dividend
payment for the financial year 2022, including (however without limitation) to:
1) Determine the Recording Date for the shareholders of the Company who are entitled to receive dividend payment for the financial year
2022.
2) Determine the date of implementing payment of dividend for the financial year 2022, taking into consideration and without prejudice to
the regulations of the Stock Exchange where the shares of the Company are listed.
3. The remaining amount of the Net Profit for the financial year 2022 which is not determined shall be booked as retained earning of the Company.
Total Abstain and Agree Votes: 9,123,598,322 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
838,900 shares or 0.009% 64,900 shares or 0.001% 9,122,759,422 shares or 99.990%
PT Bank Danamon Indonesia Tbk 2024 Annual Report 301
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AGMS – Third Agenda
1. Re-Appoint Elisabeth Imelda as Public Accountant and Imelda dan Rekan, (a member firm of Deloitte Touche Tohmatsu Limited) as Public
Accounting Firm, which is listed in the Financial Services Authority to audit the Company’s consolidated financial statement for the financial year
2023.
2. Authorized the Board of Commissioners to:
a. Determine the amount of honorarium and other requirements relating to the appointment of the Public Accounting Firm.
b. Determine a substitute Public Accounting Firm and/or Public Accountant in the event that the Public Accounting Firm of Imelda dan Rekan
and/or the Public Accountant of Mrs Elisabeth Imelda, due to any reason, cannot complete the audit process of the Company’s 2023
Financial Statement.
Total Abstain and Agree Votes: 9,123,598,322 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
835,100 shares or 0.009% 64,900 shares or 0.001% 9,122,763,222 shares or 99.990%
AGMS – Fourth Agenda
1. a. Approved the total bonus/tantiem payments that will be distributed to the Company’s Board of Commissioners for the 2022 financial year.
b. Approve the total payment of salary/honorarium and/or allowances to the Board of Commissioners of the Company for financial year 2023.
c. Approve the delegation of authority to the President Commissioner of the Company to determine the bonus/tantieme for the financial
year 2022 and the total amount of salary/honorarium and/or allowances for the financial year 2023 to each member of the Board of
Commissioners of the Company based on the recommendation of Remuneration Committee.
2 a. Approved the total bonus/tantiem payments which will be distributed to the Sharia Supervisory Board for the 2022 financial year.
b. Approve the total payment of salary/honorarium and/or allowances to the Sharia Supervisory Board of the Company for the financial year
2023.
c. Approve the delegation of authority to the Board of Commissioner of the Company to determine the bonus/tantieme for the financial year
2022 and the total amount of salary/honorarium and/or allowances for the financial year 2023 to each member of the Sharia Supervisory of
the Company, based on the recommendation of Remuneration Committee.
3 a. Approved the total bonus/tantiem payments that will be distributed to the Company’s Directors for the 2022 financial year.
b. Approve the total payment of the salary and allowances and/or other income to the Board of Directors of the Company for the financial year
2023.
c. Approve the delegation of authority to the Board of Commissioner of the Company to determine the bonus/tantieme for the financial year
2022 and the total payment of salary and allowances and/or other income for financial year 2023 to each member of the Board of Directors
of the Company, based on the recommendation of Remuneration Committee.
Total Abstain and Agree Votes: 9,123,566,622 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
968,531 shares or 0.011% 96,600 shares or 0.001% 9,122,598,091 shares or 99.988%
302 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
AGMS – Fifth Agenda
1. a. Approve not to reappoint Mr. Kenichi Yamato as President Commissioner of the Company, Mr. Shuichi Yokoyama as Commissioner of the
Company, and Mr. Heriyanto Agung Putra as Director of the Company, effective as of the closing of this Meeting with gratitude for their
services that have been given to the Company.
b. Approve to appoint :
i. Mr. Yasushi Itagaki as President Commissioner.
ii. Mr Drs. Halim Alamsyah, S.H as Vice President Commissioner (Independent).
iii. Mr. Daisuke Ejima as President Director.
Whereby:
- The appointment of Mr. Yasushi Itagaki as President Commissioner of the Company will be effective after passing the fit and proper test
from the Financial Services Authority.
- The appointment of Drs. Halim Alamsyah, S.H as Vice President Commissioner (Independent) of the Company will be effective after
passing the fit and proper test from the Financial Services Authority.
- The appointment of Mr. Daisuke Ejima as President Director of the Company is effective since April 1, 2023. That based on a copy of
the Decree of the Board of Commissioners of the Financial Services Authority Number KEP-27/D.03/2023 dated February 16, 2023
concerning the Results of the Fit and Proper, Mr. Daisuke Ejima has fulfilled the requirements and has been approved as President
Director of the Company.
c. Approve to reappoint:
i. Mr. Nobuya Kawasaki and Mr. Dan Harsono, respectively as Commissioners of the Company and Mr. Peter Benyamin Stok and Mrs.
Hedy Maria Helena Lapian, respectively as Independent Commissioners of the Company.
ii. Mr. Honggo Widjojo Kangmasto and Mr. Hafid Hadeli, respectively as Vice President Directors of the Company and Mr. Herry Hykmanto,
Mrs. Rita Mirasari, Mr. Dadi Budiana, Mr. Muljono Tjandra, Mr. Naoki Mizoguchi and Mr. Thomas Sudarma, respectively as Directors of
the Company.
Effective as of the closing of the Meeting.
With regards to the re-appointment of Mr. Peter Benyamin Stok as Independent Commissioner, he has submitted a Statement Letter to
Remain Independent as referred to in the requirements to become an Independent Commissioner in Article 25 of the Financial Services
Authority Regulation Number 33/POJK.04/2014.
d. Approve to reappoint Mr. M. Sirajuddin Syamsuddin as Chairman of the Sharia Supervisory Board and Mr. Hasanudin and Mr. Asep
Supyadillah, respectively as members of the Company’s Sharia Supervisory Board effective as of the closing of the Meeting.
Thus, the composition of the members of the Board of Commissioners, Board of Directors and Sharia Supervisory Board of the Company
is as follows:
Board of Commissioners:
President Commissioner : Yasushi Itagaki*
Vice President Commissioner (Independent) : Drs. Halim Alamsyah, S.H*
Commissioner : Nobuya Kawasaki
Commissioner : Dan Harsono
Independent Commissioner : Peter Benyamin Stok
Independent Commissioner : Hedy Maria Helena Lapian
* effective after the date of passing the fit and proper test from the Financial Service Authority
Board of Directors:
President Director : Daisuke Ejima*
Vice President Director : Honggo Widjojo Kangmasto
Vice President Director : Hafid Hadeli
Director : Herry Hykmanto
Director : Rita Mirasari
Director : Dadi Budiana
Director : Muljono Tjandra
Director : Naoki Mizoguchi
Director : Thomas Sudarma
* Effective April 1, 2023
Sharia Supervisory Board:
Chairman : M. Sirajuddin Syamsuddin
Member : Hasanudin
Member : Asep Supyadillah
For a term of office until the closing of the 3rd Annual General Meeting of Shareholders, which will be held no later than June 2026, without
prejudice to the right of the General Meeting of Shareholders to dismiss (them) at any time.
2. Approve to give authority to the Board of Directors of the Company to include such decisions in deed of statements made before a Notary
Public, notify changes to the Company’s data to the Minister of Law and Human Rights of the Republic of Indonesia to obtain a letter of receipt
of notification of changes to the Company’s data.
Total Abstain and Agree Votes: 9,123,450,891 shares or 99.998%
The results of calculation
Abstain Disagree Agree
voting card
838,900 shares or 0.009% 212,331 shares or 0.002% 9,122,611,991 shares or 99.988%
AGMS – Sixth Agenda
Approve:
i. 2022-2023 Recovery Plan Review in fulfillment of article 31 chapter 2 of POJK No.14/POJK.03/2017 regarding Recovery Plan for Systemic
Banks.
ii. 2022 Resolution Plan in fulfilment of article 8 of LPS Regulation No. 1 year 2021 regarding Resolution Plan for Commercial Banks.
Total Abstain and Agree Votes: 9,123,598,322 shares or 99.999%
The results of calculation
Abstain Disagree Agree
voting card
838,900 shares or 0.009% 64,900 shares or 0.002% 9,122,759,422 shares or 99.990%
PT Bank Danamon Indonesia Tbk 2024 Annual Report 303
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Highlights Report Profile & Analysis
BOARD OF COMMISSIONERS
The Board of Commissioners (BOC) is the Bank’s WORK ETHICS AND PROHIBITIONS ON THE
organ in charge of conducting general and/or special BOARD OF COMMISSIONERS
supervision, in accordance with the Bank’s Articles 1. Shall not take advantage of the Bank for personal
of Association, the provisions of laws and regulations interests and/or for the interest of family, and/or
and acting on the decision of the BOC and advising the other parties that may harm or put the Bank at a
Board of Directors (BOD). disadvantage and harm its reputation as well as its
subsidiaries.
The BOC is collectively tasked and responsible for 2. Shall not take on/or receive personal benefits from
overseeing and providing advices to the BOD and the Bank other than remuneration and other facilities
ensuring that the Company applies good corporate determined at GMS.
governance principles. The working relationship 3. Prohibited from directly or indirectly making untrue
between the two Boards is that of checks and balances statements regarding material facts or not revealing
on a principle that the two organizational bodies have material facts so that the statements made will not
equal status and share a common objective to ensure obscure Bank’s condition at the time the statements
the health and progress of the Company. were made.
4. Members of the BOC are prohibited from holding
Members of the BOC are appointed and dismissed by concurrent positions:
GMS based on a transparent process and due regards a. As a member of the BOD, member of the BOC,
with recommendations from the Nomination and member of the SSB, or executive officer at a
Remuneration Committee. They are appointed for a financial institution or financial Company both
term of office of 3 (three) years and may be reappointed banks and non-banks and at more than 1 (one)
pursuant to the Bank’s Articles of Association. non-financial institution or Company, both
domiciled at home and abroad;
The appointment of members of the BOC is declared b. In the field of functional duties at bank financial
effective after they pass the fit and proper test given institutions and/or non-bank financial institutions
by the Financial Services Authority (FSA). The members domiciled at home or abroad;
can be dismissed by the GMS prior to the end of their c. In other positions that may cause conflict
term of office. of interest in the performance of duties as a
member of the BOC; and/or
THE BOARD OF COMMISSIONERS CHARTER d. In other positions in accordance with the
AND WORK GUIDELINES provisions of laws and regulations.
The BOC has a Board of Commissioners Charter that 5. Does not include concurrent positions in the event
governs among other matters, roles and accountability, that:
structure and membership, Independent Commissioners, a. Member of the BOC serves as a member of the
term of office, duties and responsibilities, authority, BOD, member of the BOC or executive officer
work ethics and prohibitions for the BOC, meeting and who carries out the supervisory function in 1
proceeding, transparency, reporting, BOC decision (one) non-bank subsidiary Company controlled
authority and procedure, BOC Performance Evaluation, by the Bank or holds a position in a non-profit
and pattern of working relationship between the BOC, organization or institution;
the BOD, and Sharia Supervisory Board (SSB). The b. Non-Independent Commissioners carry out
Charter is prepared based on applicable regulations, functional duties of the Bank’s shareholders in
corporate governance principles, as well as best the form of legal entities in the Bank and/or the
practices in the implementation of good corporate Bank’s business group;
governance and are reviewed periodically.
304 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
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to the extent that it does not cause the person 2. Members of the BOC must disclosure any situations
concerned to neglect the performance of duties and which may create the possibility of conflict of
responsibilities as a member of BOC. For prospective interests.
members of the BOC who have such positions, they 3. Members of the BOC shall make a statement
must make a statement to: regarding the fulfillment of the requirements of
a. Maintain integrity; Integrity and financial reputation and submit it to the
b. Avoid any form of conflict of interest; and Bank.
c. Avoid actions that may harm the Bank and/or 4. Members of the BOC are required to disclose share
cause the Bank to violate prudential principles. ownership that reaches 5% or more, both in the Bank
while serving as a member of the BOC. and in other banks and/or companies, domiciled at
6. Independent Commissioners are prohibited from home and abroad.
holding concurrent positions as public officials.
7. Must avoid any form of conflict of interest in the DUTIES AND RESPONSIBILITIES OF THE BOARD
implementation of the Bank’s management and OF COMMISSIONERS
supervisory duties. 1. The BOC is subject to work ethics (code of conduct),
8. In the event of a conflict of interest, members of the prevailing laws, regulations, and internal policies of
BOC are obliged to disclose the conflict of interest the Bank.
in every decision that meets the conditions for a 2. The BOC shall perform its duties and responsibilities
conflict of interest. independently. The BOC shall provide sufficient time
9. Prohibited from requesting, receiving, allowing, to optimally carry out its duties and responsibilities
and/or agreeing to receive rewards, commissions, in accordance with the guidelines and work rules.
additional money, services, money, valuables, and/or 3. Ensure the implementation of good corporate
anything that has economic value or other benefits, governance in all the Bank’s business activities at all
for personal, family, and other parties’ benefits, in levels of the organization.
the implementation of the Bank’s business activities 4. In conducting supervision, the BOC shall direct,
and other activities related to the Bank. monitor, and evaluate the implementation of
10. Must refuse and/or are prohibited from accepting integrated governance, risk management, and
an order or request from the Bank’s shareholders, compliance as well as the Bank’s strategic policies,
affiliated parties, and/or other parties to: in accordance with the provisions of laws and
a. Perform actions related to the Bank’s business regulations, articles of association, and/or GMS
activities and/or other activities that are not in resolutions.
accordance with the implementation of Good The BOC shall ensure that the implementation of
Corporate Governance at the Bank. risk management covers country risk and transfer
b. Commit criminal offences and/or things that risk in accordance with the POJK regarding the
indicate criminal offences. implementation of risk management for sharia
c. Perform actions and matters that may harm, commercial banks and sharia business units.
potentially harm, and/or reduce the Bank’s The BOC shall perform at least:
profits. a. Evaluation of strategies and policies related to
country risk and transfer risk set by the BOD.
BOARD OF COMMISSIONERS’ DISCLOSURE b. Evaluate the accountability of the BOD and
1. Members of the BOC must disclose in the Good provide direction for improvement on the
Corporate Governance Report: implementation of policies related to country risk
a. Remuneration and facilities received from Bank and transfer risk on a regular basis.
Danamon. The BOC through the Risk Monitoring Committee
b. Shareholding that reaches 5% (five per cent) or shall supervise the implementation of risk
more, both in the Bank concerned and in other management related to country risk and transfer risk
banks and/or companies, domiciled at home and carried out by the Bank including the implementation
abroad. of evaluation and stress testing.
c. Financial and family relationships up to the
second degree with other members of the
BOC, members of the BOD and/or controlling
shareholders of Bank Danamon.
d. Their positions at other companies.
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5. The BOC is prohibited from participating in the 13. The BOC shall make recommendations on
decision making of the Bank’s operations activities, improvements or suggestions submitted by
except: the Audit Committee and shall convey such
a. In the case of provision of funds to related recommendations to the BOD.
parties in accordance with POJK regarding the 14. The BOC shall maintain confidentiality of all
maximum limit of lending and provision of large documents, data, and information of the Bank.
funds for commercial banks and POJK regarding 15. The BOC shall notify FSA no later than 5 (five)
the maximum limit of distribution of funds and working days from the discovery of:
distribution of large funds for Islamic commercial a. Violation of the provisions of laws and
banks. regulations in the field of banking finance, and
b. Other matters specified in the Bank’s Articles those related to the Bank’s business activities.
of Association and the applicable laws and b. Circumstances or estimates of circumstances
regulations. that may jeopardise the Bank’s business
6. The BOC shall review the vision and mission of the continuity.
Bank on regular basis. 16. The BOC shall conduct monitoring and evaluation
7. In order to support the effectiveness of the of information technology strategic plans and
implementation of its duties and responsibilities, the reviews the information technology’s policies and
BOC must form at least: procedures proposed to the Bank by the BOD.
• Audit Committee 17. The BOC shall prepare, review and update BOC
• Risk Oversight Committee Charter periodically.
• Nomination and Remuneration Committee 18. The BOC members must continuously improve
• Corporate Governance Committee competencies through education and training.
• Integrated Corporate Governance Committee 19. The appointment of a Public Accountant and/
8. In relation to integrated corporate governance, or Public Accounting Firm that will provide audit
the Main Entity BOC is required to supervise the services on annual historical financial information
implementation of Good Corporate Governance must be decided by the GMS taking into account
in each financial service institution in order to the proposal of the BOC.
comply with the Integrated Corporate Governance 20. If the Bank has a Sharia Business Unit (UUS), the
Guidelines, supervise the implementation of the BOC is responsible for the development of the
duties and responsibilities of the Main Entity BOD, UUS, which is conducted in accordance with the
as well as provide direction or advice to the Main POJK regarding the implementation of corporate
Entity BOD on implementation of the Integrated governance for commercial banks, the provisions of
Corporate Governance Guidelines, and evaluates laws and regulations regarding the implementation
the Integrated Corporate Governance Guidelines of sharia governance and in accordance with
and directs them for improvement. applicable laws and regulations.
9. The BOC shall evaluate the performances of the 21. The BOC shall actively supervise the implementation
committees at least at the end of each financial year. of non-performing asset management, allowance
10. The BOC members shall agree to sit in any of and provisioning by the Bank in managing credit
the above Committees as members and/or as risk.
chairman as recommended by the Nomination and 22. In terms of the application of sharia principles in the
Remuneration Committee. The BOC shall ensure implementation of the Bank’s business activities:
that the Committees referred to the above carry out a. The BOC shall ensure that the BOD has followed
their duties and responsibilities effectively. up the recommendations of the SSB supervision
11. The appointment and dismissal of BOC committee results.
members shall be made by the BOD based on a b. The Bank must hold an SSB meeting with the
resolution of the BOC meeting. BOC at least 1 (one) time in 4 (four) months. The
12. The BOC shall ensure that the BOD has followed up on meeting is held if attended by the majority of SSB
audit or examination findings and recommendations members and the majority of BOC members.
from The Bank’s Internal Audit Unit, external auditors, c. The appointment of public accountants and/
FSA supervision results, and/or supervision results or public accounting firms in carrying out
of other authorities and institutions. external reviews of the implementation of sharia
corporate governance is carried out by the BOC
by taking into account the recommendations of
the audit committee.
306 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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d. Members of the BOC must disclose: c. Receiving power of attorney from the GMS to
• Financial relationships with members of the distribute bonuses to BOC members.
SSB; and
• Family relationship up to the second degree AUTHORITY OF BOARD OF COMMISSIONERS
with members of SSB The authority of the BOC is regulated by the Articles
in the report on the implementation of Sharia of Association, Corporate Governance Policy, and the
Corporate Governance. BOC Charter, which includes:
23. In certain conditions, the BOC is obliged to organize a. Access the documents, data, and information about
annual GMS and other GMS in accordance with its employee, funds, assets, and Bank’s resources as
authority as stipulated in laws and regulations and deemed necessary.
the articles of association. b. In relation to the implementation of its duties
24. The duties and responsibilities of the BOC of the and responsibilities, the BOC is authorized to
Main Entity shall not be considered as concurrent communicate directly with employees, the BOD and
positions. other parties.
c. If necessary, the BOC has the authority to engage
DUTIES AND RESPONSIBILITIES OF PRESIDENT the independent parties outside of members of the
COMMISSIONER BOC to assist the implementation of its duties.
Coordinating the implementation of the duties and d. The BOC is authorized to perform any other authority
responsibilities of the BOC, among others: granted by the Bank’s Article of Association and
a. Receiving reports from Committees under the BOC. prevailing laws and regulations.
b. Leading the BOC in carrying out its supervisory e. The BOC is authorized to temporarily suspend a
and assurance duties, determining the urgency of a member of the BOD by stating the reasons.
situation if a BOC meeting is to be held in less than 5
(five) days.
NUMBER, COMPOSITION AND CRITERIA OF THE BOARD OF COMMISSIONERS
The composition, number and composition of the Bank’s Board of Commissioners are as follows:
No. Name Position
1 Yasushi Itagaki President Commissioner
2 Halim Alamsyah Vice President Commissioner (Independent)
3 Peter Benyamin Stok Independent Commissioner
4 Nobuya Kawasaki Commissioner
5 Hedy Maria Helena Lapian Independent Commissioner
6 Dan Harsono Commissioner
All members of the BOC have passed the fit and proper test from the FSA.
The number of the Bank’s BOC members as of December 31, 2024 is 6 (six) persons, which does not exceed the
number of the Bank’s BOD members is 9 (nine) persons.
Half or 50% of BOC members are Independent Commissioners – specifically, Halim Alamsyah, Peter Benyamin Stok
and Hedy Maria Helena Lapian who domiciled in Indonesia. The number and composition of the BOC is in accordance
with the needs and complexity of the Bank while considering the effectiveness of decision making, and has fulfilled
the prevailing laws and regulations.
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The term of office of the current BOC ends at the closing of the third Annual GMS in June 2026, without prejudice
to the right of the GMS to dismiss them at any time. BOC members whose terms of office have ended may be
reappointed with due observance of the applicable provisions. BOC members can be dismissed at any time by the
GMS prior to the end of their term of office. This dismissal shall be effective since the closing of the meeting, unless
the GMS determines otherwise.
The term of office of a member of the BOC will automatically end if the referred member:
• Is declared bankrupt or is placed under guardianship based on a court decision.
• Is suspended from serving as a member of the BOC because of statutory provisions or provisions of laws and
regulations.
• Passed away.
• Terminated based on GMS decisions.
• Fails to meet the criteria as referred to in the provisions of laws and regulations.
• Resigns.
Effective date
Number of
Name Position AGM Date (Central Bank/ Term of Office Domicile
Appointments
FSA Approval)
Yasushi Itagaki President
March 31, 2023 January 1, 2024 2023-2026 1x Japan
Commissioner
Halim Alamsyah Independent November 15,
August 26, 2021 2021-2023
Commissioner 2021
Vice President 2x Indonesia
Commissioner March 31, 2023 June 7, 2023 2023-2026
(Independent)
Peter Benyamin Independent March 20, 2018 July 5, 2018 2018-2020
Stok Commissioner
March 26, 2019* 2019-2020
3x Indonesia
March 23, 2020 April 25, 2019** 2020-2023
March 31, 2023 2023-2026
Nobuya Kawasaki Commissioner October 1, 2019 2019-2020
March 23, 2020 May 20, 2020 2020-2023 3x Japan
March 31, 2023 2023-2026
Hedy Maria Independent November 26,
2020-2023
Helena Lapian Commissioner 2020 December 21,
2x Indonesia
2020
March 31, 2023 2023-2026
Dan Harsono Commissioner April 30, 2021 2021-2023
November 18,
2x Thailand
2021
March 31, 2023 2023-2026
Information:
* In accordance with the EGMS decision on March 26, 2019, we have approved changes to the composition of the Board of Commissioners due to the merger process
between PT Bank Danamon Indonesia Tbk and PT Bank Nusantara Parahyangan Tbk (“BNP”).
** Based on FSA letter No. S-122/PB.122/2019 dated April 25, 2019 concerning Submission of the Decision of the Board of Commissioners of the Financial Services
Authority regarding the Merger of PT Bank Nusantara Parahyangan Tbk into PT Bank Danamon Indonesia Tbk and the Fit and Proper Test Results of the Management
of PT Bank Danamon Indonesia Tbk ( as a result of the merger), the entire Board of Commissioners has passed the fit and proper test from the FSA .
308 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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CRITERIA FOR INDEPENDENT COMMISSIONER an Independent Commissioner of the Bank. Waiting
[IDX G-06] period for former managing director, former member
In addition to meeting the criteria for BOC member, of the BOD in charge of supervisory function
an Independent Commissioner of the Bank shall meet or Executive Officer who performs supervisory
following criteria: function at least 6 (six) months before becoming an
1. Has no financial, management, share ownership, Independent Commissioner.
and/or family relationship with members of the 8. In the case the Independent Commissioner position
BOD, other members of the BOC, and/or controlling is vacant and results in the violation of prevailing
shareholders including the last controlling laws and regulations, the Bank shall fill the vacancy
shareholder, or a relationship with the Bank that may no later than the next annual GMS or within 6 (six)
affect the ability to act independently. months after the vacancy occurs.
2. Has no ownership of the Bank’s shares either directly 9. Non-Independent Commissioners can switch to
or indirectly. become Independent Commissioners of the Bank
3. Does not have a business relationship, directly or or a group of Bank by fulfiffing the requirements as
indirectly, related to the business activities of the Independent Commissioners.
Bank. 10. Non-Independent Commissioners who will switch to
4. Is not a person who works or has the authority and become Independent Commissioners must undergo
responsibility for planning, directing, controlling, or a waiting period of at least 1 (one) year.
supervising the activities of the Bank within the last 1 11. The transition from Non-Independent Commissioner
(one) year, except for reappointment as Independent to Independent Commissioner must obtain FSA
Commissioner of the Bank in the subsequent period. approval through a fit and proper test.
5. Is not affiliated with the Bank, and BOC members, 12. Dismissal or replacement of Independent
BOD members, as well as major shareholders or the Commissioners before the term of office ends must
Bank. obtain prior approval from FSA before being decided
6. Independent Commissioners serve for a certain at the GMS in the manner as stipulated in the POJK
period of time and can be reappointed after obtaining on Commercial Bank Governance.
GMS approval, at most for 2 (two)consecutive terms In granting approval, FSA assesses the feasibility
of office. of the plan to dismiss or replace the Independent
Independent Commissioners who have served Commissioner. As a material for FSA assessment,
for 2 (two) consecutive terms of office may be the Bank submits a request to FSA by containing
reappointed for the next period as Independent information regarding:
Commissioner by considering: a. Reasons or considerations for the dismissal or
a. The results of the assessment of the BOC meeting replacement of Independent Commissioners.
stating that the Independent Commissioner can b. The Bank may include the profile of the
still act independently. replacement candidate who is considered to
b. The concerned Independent Commissioner meet the requirements for a fit and proper test.
declares his/her independency at the GMS. The The application shall be submitted to FSA at the
statement of independence of the Independent latest 1 (one) month prior to the plan to hold the
Commissioner must be disclosed in the corporate GMS containing the dismissal or replacement
governance report. agenda. In the event that FSA assesses that the
c. The results of the Independent Commissioner’s plan to dismiss or replace the Independent
performance assessment. Commissioner is not feasible, then:
d. The results of the assessment by the head a. The plan to dismiss or replace the Independent
of the Internal Audit Working Unit (IAU), and Commissioner is not approved by FSA.
the Executive Officer in charge of the human b. The Bank is prohibited from including the agenda
resources function stating that the Independent of dismissal or replacement of Independent
Commissioner can still act independently. Commissioner in the GMS.
7. Former member of the BOO or Executive Officer
of the Bank or parties who have a relationship
with the Bank, which may affect their ability to
act independently, may affect their ability to act
independently must undergo a waiting period
(cooling off) of at least 1 (one) year before becoming
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13. Has knowledge in the banking sector that is adequate and relevant to the position as Independent Commissioners.
14. Experienced in banking and/or finance.
15. All Independent Commissioners must sign a statement of independence. This statement must be prepared and
updated regularly with a statement of not assuming any other positions unpermitted by the FSA.
INDEPENDENCE OF THE BOARD OF COMMISSIONERS MEMBERS
All of the current BOC members do not have financial and family relations to the second degree with their fellow
members, members of the BOD,SSB, or with Controlling Shareholders. More than of 50% (fifty percent) of the BOC
members have no financial relationship with the controlling shareholder and none of the BOC members has financial
relationship with their fellow members, members of the BOC and SSB.
FAMILY AND FINANCIAL RELATIONSHIP
The family and financial relationships of member of the BOC with fellow members of the BOC, members of the
BOD, SSB and Controlling Shareholders, can be seen in the following table:
Family Relation with Financial Relation with
Member of Member of Controlling Member of Member of Controlling
Name Position BOC BOD
SSB
Shareholders BOC BOD
SSB
Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
President - √ - √ - √ - √ - √ - √ - √ √ -
Yasushi Itagaki
Commissioner
Vice President - √ - √ - √ - √ - √ - √ - √ - √
Halim Alamsyah Commissioner
(Independent)
Peter Benyamin Independent - √ - √ - √ - √ - √ - √ - √ - √
Stok Commissioner
Nobuya Kawasaki Commissioner - √ - √ - √ - √ - √ - √ - √ √ -
Hedy Maria Helena Independent - √ - √ - √ - √ - √ - √ - √ - √
Lapian Commissioner
Dan Harsono Commissioner - √ - √ - √ - √ - √ - √ - √ - √
CONCURRENT POSITIONS OF THE BOARD OF COMMISSIONER MEMBERS
Members of the BOC may only:
1. Serve as a member of the BOC, BOD, or Executive Officer in 1 (one) non-financial institution/Company; or Serve
as a member of the BOC, BOD, or Executive Officer who carries out the supervisory function in a non-bank
subsidiary controlled by the Bank.
2. Serve in non-profit organizations or institution as long as the member concerned does not neglect the
implementation of his/her duties.
Exceptions to the above:
1. Non-Independent members of the BOC may carry out the functional duties from the Bank shareholders in the
form of legal entities in their business group as long as there are no more than 4 (four) public companies.
2. Members of the BOC may concurrently serve as Committee members in a maximum of 5 (five) committees in
Listed or Public Company where the member concerned also serves as a member of the BOD or a member of the
BOC.
Concurrent positions as committee members as referred to in point 2 above can only be carried out to the extent that
it does not conflict with other laws and regulations.
Members of the BOC have disclosed concurrent positions in the Statement Letter and there are no concurrent
positions beyond those permitted by POJK regarding the implementation of corporate governance for commercial
banks.
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Information on concurrent positions for members of the BOC as of December 31, 2024 can be seen in the table below.
Name Position in the Bank BOC Position in Other Institutions/Companys
Yasushi Itagaki President Commissioner 1. Senior Managing Corporate Executive, Group Chief
Operating Officer International (COO-I), Group Head Grup
Bisnis Global Commercial Banking (GCB), Mitsubishi UFJ
Financial Group.
2. Member of the Board of Directors, Vice President
(Representative of the Board of Directors), Chief
Executive of Global Commercial Banking (GCB), Business
Unit, Chief Operating Officer International (COO-I), MUFG
Bank, Ltd.
Halim Alamsyah Vice President Commissioner 1. President Commissioner of PT Indosat Tbk.
(Independent) 2. Audit Committee of PT Sinarmas Multi Artha Tbk
Peter Benyamin Stok Independent Commissioner -
Nobuya Kawasaki Commissioner Executive Officer, Deputy Group Head of Global
Commercial Banking Business Group, MUFG Bank Ltd.
Hedy Maria Helena Lapian Independent Commissioner Independent Commissioner of PT Supra Boga Lestari Tbk
Dan Harsono Commissioner 1. Commissioner, PT Home Credit Indonesia
2. Chairman of HC Consumer Finance Philippines, Inc.
3. Chairman of the Member Council of Directors, SHBank
Finance Co. Ltd (Vietnam)
4. Director, Alliance Ayudhya General Insurance PCL
5. Director, Alliance Ayudhya Assurance PCL
6. Advisor, MUFG Bank Ltd.
SHARES OWNERSHIP OF MEMBERS OF THE BOARD OF COMMISSIONERS
As of December 31, 2024, the direct and indirect share ownership of each members of the BOC in Banks, Other
Banks, Non-Bank financial institutions, and other Companies, as follows:
Ownership Share in
Name Position Non-Bank Financial
Bank Other Bank Other Company
Institution
Yasushi Itagaki President - 42,000 shares of - -
Commissioner Mitsubishi UFJ
Financial Group inc.
Halim Alamsyah Vice President • 20,000 shares of
Commissioner ANTM
20,000 shares
(Independent) • 300,000 shares of
- of BBRI -
BUKA
• 100,000 shares of
TLKM
Peter Benyamin Stok Independent - - - • 153,900 shares of
Commissioner TLKM
• 451,125 shares of
ENRG
• 33 shares of KIJA
• 500 shares of
KRAS
• 335,000 shares of
KKGI
• 20,500 shares of
SMGR
• 1,009,600 shares
of WOMF
• 608,000 shares of
WSBP
• 571,500 shares of
MTEL
• 73,500 shares of
PTBA
Nobuya Kawasaki Commissioner - - - -
Hedy Maria Helena Independent - 173,400 shares of - -
Lapian Commissioner BNGA
Dan Harsono Commissioner - - - -
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POLICY ON DIVERSITY IN THE COMPOSITION OF THE BOARD OF COMMISSIONERS [GRI 405-1]
In the process of nominating members of the BOC, in addition to consideration of the minimum requirements, the scope
and balance of knowledge, skills, and experience, as well as the need for diversity are also taken into consideration
to determine the composition of the BOC. The optimal composition of the BOC will increase the effectiveness of the
implementation of the duties and responsibilities of the BOC.
In this context, the Bank has a Diversity Policy that serves as reference in the process of nominating candidates for
members of the BOC. The Bank appreciates and respects every difference in perspective, knowledge, ability and
experience of each individual without prejudice against race, ethnicity, gender and religion.
REMUNERATION OF THE BOARD OF COMMISSIONERS
Indicators and Procedures for Determining the Remuneration of the Board of Commissioners
The amount of remuneration for members of the BOC is determined based on the performance of each member by
considering the duties and responsibilities of the BOC.
The remuneration formulation refers to the Bank internal policies and condition, applicable external regulations,
and industry comparison. The Nomination and Remuneration Committee gives recommendations to the BOC and
is submitted to the General Meeting of Shareholders for approval. The distribution of remuneration is carried out
by the President Commissioner. The General Meeting of Shareholders approved the authorization to the President
Commissioner of Bank to determine the amounts of bonus/tantiem and as well as the amount of salary or honorarium
and benefits for the fiscal year 2024 for each member of the BOC based on recommendations from the Nomination
and Remuneration Committee.
PROCEDURE FOR DETERMINING THE REMUNERATION OF THE BOARD OF COMMISSIONERS
Nomination and Remuneration Committee
The Nomination and Remuneration Committee collects information on remuneration standards
for similar positions and industries in the market, taking into account Bank’s performance.
The Committee makes recommendations to the BOC.
Board of Commissioners
The BOC reviews the recommendations of the Nomination and Remuneration Committee and
proposes the remuneration of the BOC to the GMS.
General Meeting of Shareholders
The GMS determines the remuneration for members of the BOC and authorizes the President
Commissioner to carry out the distribution to each member of the BOC.
Remuneration of Commissioner Members
The distribution of remuneration to members of the BOC is in accordance with the results of
the GMS decision.
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REMUNERATION STRUCTURE OF THE BOARD 11. All decisions of the BOC are binding to all members
OF COMMISSIONERS of the BOC. Dissenting opinions that occur in BOC
The remuneration package received by members meetings and reasons for such disagreements shall
of the BOC and the grouping of remuneration levels be clearly stated in minutes of meetings.
and the number of members of the BOC who receive 12. The BOC may adopt lawful and binding decisions
remuneration packages in 1 (one) year, are disclosed in without convening a BOC meeting, on condition
the Remuneration Policy section of this report. that all members of the BOC approve the decision in
writing.
BOARD OF COMMISSIONERS MEETING 13. In a BOC meeting, a member of the BOC can only be
Board of Commissioners Meeting Policy represented by other member of the BOC based on
1. The BOC is obligated to have at minimum bi-monthly a power of attorney.
meetings or at any time if deemed necessary. 14. Any member of the BOC in any manner whatsoever,
2. The implementation of the BOC meeting must be either directly or indirectly have personal or conflict
physically attended by all members of the BOC at of interest in a transaction, contract or a proposed
least 2 (two) times in 1 (one) year. In the event that contract to which the Bank is a party, shall reveal
a member of the Non-Independent Member of BOC the nature of such interest in BOC meetings and
is unable to physically attend the BOC meeting, he/ has no right to participate in voting with regard
she may attend the BOC meeting via face-to-face to transaction, contract or a proposed contract
by utilizing information technology. mentioned above, unless determined otherwise by
3. A Board of Commissioners meeting is convened if the BOC meeting.
attended by a majority of the members of the BOC. 15. In relation to integrated corporate governance, the
4. The BOC shall have a joint meeting with the BOC BOC of the Main Entity is required to hold regular
periodically at least once in every 4 (four) month. meetings at least 1 (one) time each semester.
5. Members of the BOC must attend the BOC meetings 16. Attendance of members of the BOC in meetings
at least 75% of the total BOC meetings in a year. shall be disclosed in the annual report.
6. Meetings of the BOC may be held via video
conference. FREQUENCY OF BOARD OF COMMISSIONERS
7. The BOC meeting is chaired by the President MEETINGS
Commissioner. If the President Commissioner is Throughout 2024, the BOC held 6 (six) internal and 4
not present, any BOC member in attendance is (four) The BOC’ meetings invited the BOD and held 3
appointed to choir the meeting. (three) meetings with the SSB. All meetings conducted
8. The BOC shall schedule the next year meetings during the year 2024 met the quorum requirements and
before the end of the fiscal year. were attended both physically and via teleconference
9. Resolutions of the BOC meetings shall first be made technology by the members of the BOC. Decision-
based on deliberation to reach a consensus. In the making in the meetings was conducted through
event thot deliberation to reach consensus does not consensus, and there were no dissenting opinions in
occur, decisions shall be made by voting based on the decisions made during the year 2024. Information
the affirmative votes of more than ½ (one-half) of regarding the schedule, agenda, materials, results, and
the total number of members of the BOC present or minutes of the meetings held has been distributed to the
represented at the meeting. Decisions made by ½ meeting participants and has been well documented.
(one-half) are based on the principle of one person,
one vote.
10. Results of the BOC meetings including joint BOC-
BOD meetings shall be stated in minutes of meeting
and submitted to all members of the BOC and/or
BOD and well documented in accordance with the
provisions of statutory regulations.
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MEETING AGENDA OF BOARD OF COMMISSIONERS
No Meeting Date Meeting Agenda
1 January 31, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
• Corporate Governance Committee Report
2 March 22, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
3 May 30, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
4 July 30, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
• Corporate Governance Committee Report
5 September 26, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
6 November 22, 2024 • Review and Approval of Meeting Minutes
• Risk Oversight Committee Report
• Audit Committee Report
BOARD OF COMMISSIONERS MEETING AGENDA INVITING THE BOARD OF DIRECTORS
No Meeting Date Meeting Agenda
1 January 31, 2024 • Review and Approval of Meeting Minutes
• Business Update
• Preparation for the 2024 Annual General Meeting of Shareholders
2 May 30, 2024 • Review and Approval of Meeting Minutes
• Business Update
3 July 29 & 30, 2024 • Review and Approval of Meeting Minutes
• Business Update
4 September 26, 2024 • Review and Approval of Meeting Minutes
• Business Update
BOARD OF COMMISSIONERS MEETING AGENDA WITH SHARIA SUPERVISORY BOARD
No Meeting Date Meeting Agenda
1 June 28, 2024 • Background and Objectives of the Meeting
• DPS Evaluation Worksheet
• New Segment (Hajj and Umrah) and Brief Explanation about Muhammadiyah
2 October 17, 2024 • Review and Approval of Meeting Minutes
• DPS Evaluation Worksheet - 2Q 2024
• Ijtima’ Ulama, Goverment Regulations, and new Fatwas from DSN-MUI
• Update on BPKH and Muhammadiyah.
3 December 17, 2024 • Review and Approval of Meeting Minutes
• DPS Evaluation Worksheet - 3Q 2024
• FSA’s New Guidance on Sharia Products
• Bank Strategy Update
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ATTENDANCE RATES AT MEETINGS [IDX G-02]
The attendance of members of the BOC at meetings held during 2024 is as follows:
Attendance Rate of Attendance Rate of BOC Attendance Rate of BOC
Name BOC Meetings Meetings inviting the BOD Meetings with the SSB
(Total 6 meetings) (Total 4 meetings) (Total 3 meetings)
Yasushi Itagaki 6/6 4/4 3/3
Halim Alamsyah 6/6 4/4 3/3
Peter Benyamin Stok 6/6 4/4 3/3
Nobuya Kawasaki 6/6 4/4 3/3
Hedy Maria Helena Lapian 6/6 4/4 3/3
Dan Harsono 6/6 4/4 3/3
SCHEDULE OF BOARD OF COMMISSIONERS MEETING PLAN IN 2025
At the end of 2024, the BOC has compiled a schedule of meeting plans that will be conducted in 2025 as many as 6
(six) BOC Meetings, 3 (three) BOC Meetings inviting the BOD and 3 (three) BOC Meetings with the SSB.
IMPLEMENTATION OF DUTIES AND RECOMMENDATIONS OF THE BOARD OF COMMISSIONERS IN
2024
In carrying out its supervisory function, the BOC provides recommendations to the BOD by taking into account inputs
from the Committees that assist and are directly responsible to the BOC.
BOARD OF COMMISSIONERS PERFORMANCE ASSESSMENT[IDX G-04]
The Bank has a performance assessment policy that is used as a guideline to assess the effectiveness of the
implementation of the duties and responsibilities of the BOC both collegially and individually in accordance with laws
and regulations and The Bank’s Articles of Association. The performance assessment of the BOC is assessed by
considering several components, including:
1. Structure and composition of the BOC.
2. Effectiveness of implementing work program of the Committees under the BOC.
3. Supervision of strategy implementation and management of Bank.
4. Implementation of good corporate governance at the Bank.
5. Implementation of risk management and internal control in dealing with potential risks.
Individual performance assessment of the BOC is conducted annually by the President Commissioner based on
benchmarks agreed upon by each member of the BOC. The results of the performance assessment of members
of the BOC are one of the basic considerations for the Nomination and Remuneration Committee in providing
recommendations to the BOC to reappoint members of the BOC as well as material for preparing the remuneration
structure of the BOC.
ORIENTATION PROGRAM FOR NEW COMMISSIONERS
For new members of the BOC, the Bank has an induction program with the aim of providing an understanding of
the vision, mission and corporate culture, code of ethics, organizational structure, line of businesses, Board of
Commissioners’ Charter, as well as banking and capital market regulations. The orientation program is carried
out through the On-Boarding Program and brief presentations by both management and business units and other
supporting units face-to-face.
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BOARD OF COMMISSIONERS TRAINING PROGRAM [POJK E.2] [IDX G-05]
Member of the BOC are always given the opportunity to improve their competency through training programs/
workshops organized internally and externally. In 2024, the participation of members of the BOC in training programs/
workshops was as follows:
Name Training/Conferences/Workshops Organization Location Date
Yasushi Itagaki Training: Risk Management Recertification - Level 6 Efektifpro Online April 10, 2024
Halim Alamsyah Executive Training on Islamic Banking Karim Consulting Online January 23-24, 2024
Indonesia
Training: Risk Management Recertification - Level 6 Efektifpro Online March 14, 2024
Indonesian Personal Data Protection (PDP) Law BDMN - PwC Online June 4, 2024
Awareness/ Workshop Session
Seminar Penyelarasan bagi Komisaris Jenjang 6 BARA (Bankers Offline August 21-23, 2024
Pemegang Sertifikat Level 1,2,3 ketentuan lama Association for Risk
Management)
Expert Talk with Mr. Chatib Basri Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Burhanuddin Abdullah Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Yohannes Nangoi Danamon & MUFG Offline November 6, 2024
Peter Benyamin Stok Executive Training on Islamic Banking Karim Consulting Online January 23-24, 2024
Indonesia
Training: Risk Management Recertification - Level 6 Efektifpro Online March 14, 2024
Indonesian Personal Data Protection (PDP) Law BDMN - PwC Online June 4, 2024
Awareness/ Workshop Session
Seminar Penyelarasan bagi Komisaris Jenjang 6 BARA (Bankers Offline August 21-23, 2024
Pemegang Sertifikat Level 1,2,3 ketentuan lama Association for Risk
Management)
Expert Talk with Mr. Chatib Basri Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Burhanuddin Abdullah Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Yohannes Nangoi Danamon & MUFG Offline 6 November 2024
Nobuya Kawasaki Training: Risk Management Recertification - Level 6 Efektifpro Online March 6, 2024
Hedy Maria Helena Lapian Executive Training on Islamic Banking Karim Consulting Online January 23-24, 2024
Indonesia
Training: Risk Management Recertification - Level 7 GPS Online March 19, 2024
Indonesian Personal Data Protection (PDP) Law BDMN - PwC Online June 4, 2024
Awareness/ Workshop Session
Resertifikasi Risiko Management Jenjang 7 LPPS Offline July 17-18, 2024
Expert Talk with Mr. Chatib Basri Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Burhanuddin Abdullah Danamon & MUFG Offline October 14, 2024
Expert Talk with Mr. Yohannes Nagoi Danamon & MUFG Offline November 6, 2024
Dan Harsono Training: Risk Management Recertification - Level 6 Efektifpro Online March 6, 2024
Indonesian Personal Data Protection (PDP) Law BDMN - PwC Online June 4, 2024
Awareness/ Workshop Session
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COMMITTEES UNDER THE
BOARD OF COMMISSIONERS
To assist and support it in carrying out its duties and Board of Directors shall appoint and dismiss members
responsibilities, the Board of Commissioners has set of the Board of Commissioners Committees based on
up Board of Commissioners committees, who report the decision of the Board of Commissioners meeting.
directly to the Board of Commissioners. The Board of Each of the Committees is chaired by an Independent
Commissioners has 5 (five) committees to support the Commissioner.
effectiveness of its duties and responsibilities:
1. Audit Committee. PERFORMANCE ASSESSMENT OF THE BOARD
2. Risk Oversight Committee. OF COMMISSIONERS COMMITTEES
3. Nomination and Remuneration Committee.
4. Corporate Governance Committee. The Board of Commissioners assesses the performance
5. Integrated Corporate Governance Committee. of committees of the Board of Commissioners based
on reports on the implementation of duties and
Each of the committees has Committee Charter responsibilities submitted by each committee on a
prepared and reviewed periodically based on regular basis. The performance of the committees of the
applicable regulations. Members of the Committees Board of Commissioners during 2024 was considered
are appointed by the Board of Commissioners based good by the Board of Commissioners and contributed
on the Board Meeting and/or circular decisions. The to supporting the implementation of the duties and
responsibilities of the Board of Commissioners.
PROFILE OF COMMITTEE MEMBER
Qualifications
Name, Age and Citizenship &
Position Period Expertise Educational
Position Domicile
Background
Yasushi Itagaki - Japanese Citizen Member of the April 2023 - present Banking and Financial Bachelor of Laws,
60 Years Old - Domiciled in Japan Nomination and Industry University of Kyoto
President Remuneration (1987).
Commissioner Committee
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Halim Alamsyah - Indonesian Citizen - Chairman of the April 2023 - Present Economics, Finance, - Bachelor (S1)
67 Years Old - Domiciled in Indonesia Nomination and Sharia Finance, Risk Degree from
Vice President Remuneration Management Gadjah Mada
Commissioner Committee University,
(Independent) - Chairman of the April 2023 - Present Indonesia, Faculty
Audit Committee of Law (1976 -
1981)
- Bachelor (S1)
Degree from
Indonesian Islamic
University, Faculty
of Management
Economics (1975 -
1980)
- Master of Arts
Degree in
Development
Economics (S2)
Boston University,
USA (1983 - 1985)
- Doctorate (S3)
Degree from
University of
Indonesia, Finance
(2004 - 2008)
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
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Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Peter Benyamin - Indonesian Citizen - Chairman of April 2020 – present Finance and Banking Bachelor Degree
Stok - Domiciled in Indonesia the Corporate in Economics
75 Years Old Governance from Padjadjaran
Independent Committee University, Bandung -
Commissioner - Chairman of April 2020 – present Indonesia (1989)
the Integrated
Corporate
Governance
Committee
- Member of the December 2018 –
Risk Oversight 2019
Committee September 2021 -
present
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
Qualifications
Name, Age and Citizenship &
Position Period Expertise Educational
Position Domicile
Background
Nobuya Kawasaki - Japanese Citizen - Member of the October 2022 – Finance - Bachelor’s degree
52 Years Old - Domiciled in Japan Nomination and present in mechanical
Commissioner Remuneration engineering, Keio
Committee University (1995)
- Member of the April 2020 – present - Master of
Risk Oversight Mechanical
Committee Engineering, Keio
- Member of April 2020 – present University (1997)
the Corporate
Governance
Committee
- Member of April 2020 - present
the Integrated
Corporate
Governance
Committee
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Hedy Maria - Indonesian Citizen - Chairman of the September 2021 - Finance/Risk - Bachelor’s degree
Helena - Domiciled in Indonesia Risk Oversight Present Management in management,
Lapian Committee Katholik
66 Years Old - Member of the September 2021 – Parahyangan
Independent Nomination and Present University
Commissioner Remuneration Bandung, (1977)
Committee - Master Degree
- Member of the April 2023 - Present in Business
Audit Committee Administration
Joseph M Katz
Graduate School
of Business
University of
Pittsburgh, USA,
(1983)
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
318 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Dan Harsono - Thai Citizen Member of the Risk September 2021 - Finance - Bachelor Degree
64 Years Old - Domiciled in Oversight Committe Present with Cum Laude
Commissioner Thailand honors in Electrical
and Biomedical
Engineering from
the University of
Southern California
in Los Angeles,
California (1982)
- Master of Business
Administration
Degree in Finance
and Marketing
from Indiana
University,
Bloomington, IN,
USA (1984)
Profile is given in more detailed in the Board of Commissioners Chapter of this Annual Report
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Mawar I.R. - Indonesian Citizen - Member of the April 2020 – Present - Accounting, Audit, - Bachelor Degree
Napitupulu - Domiciled in Audit Committee and Finance in Accounting,
62 Years Old Indonesia - Member of the April 2020 - Present - Risk Management University of
Independent Party Risk Oversight and Control Indonesia, (1986)
Committee - Master of Business
Administration
Katholieke
Universiteit
Leuven, Belgium
(1990)
Profile is given in more detailed in the Independent Party Chapter of this Annual Report
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Zainal Abidin - Indonesian Citizen - Member of the April 2020 - Present - Banking - Bachelor Degree
69 Years Old - Domiciled in Audit Committee supervision and in Economics,
Independent Party Indonesia - Member of the April 2020 - Present inspection Airlangga
Risk Oversight - Risk management University, (1982)
Committee - Accountancy - Master of Arts
- Member of April 2020 - Present (MA) Degree
the Integrated in Development
Corporate Economics,
Governance Williams College,
Committee Williamstown,
Massachusetts,
USA, (1989)
Profile is given in more detailed in the Independent Party Chapter of this Annual Report
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
M. Din Syamsuddin - Indonesian Citizen Member of the November 2015 - - Islamic Law - Bachelor Degree
66 Years Old - Domiciled in Integrated Corporate present (Sharia) from IAIN Syarif
Chairman of the Indonesia Governance - Islamic Political Hidayatullah
Sharia Supervisory Committee Science, and Jakarta, (1979)
Board Interreligious - M.A Degree of
Cultural University of
Communication California Los
- International Angeles (1988)
Relations - Ph.D from
University of
California Los
Angeles (UCLA),
USA, (1991)
Profile is given in more detailed in the Sharia Supervisory Board Chapter of this Annual Report
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Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Roy Fahrizal - Indonesian Citizen Secretary and December 2018 - - Risk Management Master of Industrial
Permana - Domiciled in Member of the Present - Human Resources Engineering,
49 Years Old Indonesia Nomination and Management Bandung Institute of
Representative from Remuneration - Compensation and Technology (2002)
the Bank’s Human Committee Benefit
Capital - Recognition Award
- Performance
Management
- Industrial Relation
- HR Policy
- HR Area and
Business Partner
- HR Operations and
Services
Work Experience (Position, Agency and Period of Service)
• Rewards Head, PT Bank Danamon Indonesia Tbk, 2018 - present
• Country Head of HR, Grab Indonesia, 2017 - 2018
• Rewards and Services Head, Bank UOB Indonesia, 2009 - 2017
• Secretary and member of the Remuneration and Nomination Committee, Bank UOB Indonesia, 2009 - 2017
• Compensation and Benefits Head, Esia - BakrieTelecom, 2008 - 2009
• Managerial positions in Human Resources, including: Rewards and Performance Management, HR Operations, HR Area and Business Partner,
Bank CIMB Niaga, 2003 - 2008
• Senior Analyst Compensation and Benefit, Texmaco Group, 1998-2003
• Financial Executive, National Commercial Bank, 1998
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Krisna Wijaya - Indonesian Citizen Member of the September 2021 - Economics - Bachelor Degree
69 Years Old - Domiciled in Integrated Corporate Present and Corporate from , Bogor
Independent Indonesia Governance Governance Agricultural
Commissioner Committee Institute,
PT Adira Dinamika Department of
Multi Finance, Tbk. Agricultural Socio
Economics, (1980)
- Master Degree
in Management,
Gajah Mada
University,
Department of
Social Sciences,
(1990)
- Policy Studies,
Gajah Mada
University, (2009)
Work Experience (Position, Agency and Period of Service)
• Independent Commissioner, PT Adira Dinamika Multi Finance, Tbk, 2016 - present
• Chairman of the Risk Management Committee, PT Adira Dinamika Multi Finance Tbk, 2016 – present
• President Commissioner (Independent), PT Brilian Indah Gemilang, 2019 – present
• Member of the Assessment Team for Clarification/Presentation of Fit and Proper Test in the Banking Sector, Financial Services Authority, 2016
– present
• President Commissioner (Independent), PT Jaminan Kredit Indonesia, 2022 - present
• Member of the Sharia Supervisory Board, PT Club Syariah Insurance, 2008 – present
• Board of Experts of Infobank Magazine, 2020 - present
• Member of the Supervisory Board, Yayasan Adaro Membangun Negeri, 2010 - 2022
• President Commissioner (Independent), member of Audit Committee, and Chairman of Risk Management Committee, PT Perusahaan Pengelola
Aset (PPA), 2020 - 2022
• Director, Indonesian Banking Development Institute, March 2016 - March 2022
• President Commissioner (Independent), member of the Audit Committee and Chairman of Risk Management Committee, PT Danareksa
(Persero) 2019
• President Commissioner (Independent), member of the Audit Committee and Chairman of the Risk Management Committee, PT BNI Life
Insurance, 2016 – 2018
• Independent Commissioner, Chairman of the Risk Management Committee and Member of the Audit Committee, PT Bank Mandiri Tbk, 2010 –
2015
• Commissioner, member of the Audit Committee and Risk Management Committee, PT Bank Danamon Indonesia Tbk, 2008 – 2010
• Chief Executive/ Board of Commissioner, Deposit Insurance Corporation, 2005 – 2007
• Independent Commissioner, PT Bank Rakyat Indonesia (Persero) Tbk, July 2005 – September 2005
• Team of Assistant Minister of Finance of the Republic of Indonesia, 2003
• Director of Micro and Retail Business, PT Bank Rakyat Indonesia (Persero) Tbk, 2003 - 2005
• Operations Director, PT Bank Rakyat Indonesia (Persero) Tbk, 2000 - 2002
320 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Qualifications
Name, Age and Citizenship &
Position Period Expertise Educational
Position Domicile
Background
Christopher - Citizen - British/ Member of the October 2022 - - Certified AML Master: Law LLM
Mark Davies Chinese/ Integrated Corporate Present Professional International Business
44 Years Old Hong Kong ID Governance (CAMLP) Law University of
Representative from cardholder. Committee - Compliance Wales, Aberystwyth
MUFG Jakarta - Domiciled in Hong - Regulatory (UWA) (2003)
Kong Compliance
- Certified
Compliance
Professional
(CCOP)
Work Experience (Position, Agency and Period of Service)
• MUFG Bank, Ltd, June 2018 - present
- Managing Director, Regional Chief Compliance Officer & Head of Compliance Officer for Asia, July 2022 - present
- Managing Director Head of Regulatory Compliance Dept. Compliance Office for Asia, June 2018 - present
- Managing Director, Deputy Regional Chief Compliance Officer Compliance Office for Asia, June 2021 - July 2022
- Managing Director, Head of Asia Group 2 and Joint Deputy Regional Chief Compliance Officer, February 2020 - May 2021
• Head of Compliance, HK and Head of Control Room Asia, Rabobank, May 2015 - May 2018
• Director, Banking Compliance APAC & Head of Conduct & Regulatory Affairs, Royal Bank of Scotland Plc, Hong Kong, July 2013 – May 2015
• Head of Compliance Control Room, CLSA Limited, October 2011 – July 2013
• Royal Bank of Scotland NV and Plc, Hong Kong, May 2007 - October 2011
- Head of Control Room Compliance, Asia Pacific (APAC), May 2010 - October 2011
- Manager Control Room Compliance, Asia Pacific (APAC), March 2009 - May 2010
- Assistant Manager Control Room Compliance, Asia Pacific (APAC), May 2007 - March 2009
• Lloyds TSB (Financial Markets Division), October 2004 - May 2007
- Assistant Manager,Compliance, May 2006 - May 2007
- Associate – Compliance – October 2004 – May 2006
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Yasuhiko Togo - Japanese Citizen Member of October 2022 - - Financial Resource Destruction of
49 Years Old - Domiciled in Singapore the Integrated Present Management Economics Scholars,
Representative of Governance - HR Management Keio University
MUFG Jakarta Committee - Performance Japan, (1998)
& Reward
Management
- Credit & Risk
Management
Work Experience (Position, Agency and Period of Service)
• CRO for Asia, MUFG Bank, Ltd, May 2022 - present
• Head of Financial Resource Management, Corporate Planning Division, MUFG Bank, Ltd, May 2020 - April 2022
• Head of Strategic Planning and Governance, Global Human Resources for Asia, MUFG Bank, Ltd, January 2017 - April 2020
• Head of Performance & Rewards for Asia, Global Human Resources for Asia, MUFG Bank, Ltd, 2017 - 2019
• Senior Manager, Global Human Resources Office, Bank of Tokyo - Mitsubishi UFJ, April 2015 - January 2017
• Senior Manager, Asian Credit Portfolio Management Office, Bank of Tokyo - Mitsubishi UFJ, March 2012 - January 2015
• Manager, Credit Portfolio Management Division, Bank of Tokyo - Mitsubishi UFJ, April 2007 - March 2012
• Manager, Structuring Business Group and Planning & Risk Control, Mitsubishi UFJ Securities International plc, February 2002 - March 2007
• Officer, The Bank of Tokyo - Mitsubishi, Ltd, April 1998 - February 2002
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
Andre S. Painchaud • Singapore Citizen Member of June 2021 – present - Compliance - Bachelor of
53 Years Old • Domiciled in Integrated Corporate - Internal Audit and Science Degree
Representative of Singapore Governance Credit Assessment from Salem State
MUFG Jakarta Committee - Quality Assurance College in Salem
for Client Groups Massachusetts,
Institutions USA, (1993)
- MBA from Bentley
College, Waltham,
Massachusetts,
USA with
concentration in
Finance, (1994)
Work Experience (Position, Agency and Period of Service)
• Head of Internal Audit and Credit Examination (Singapore), The Bank of Tokyo-Mitsubishi UFJ, Ltd, November 2017 - present
• Audit Director, Quality Assurance for Institutional Clients Group at Citibank Singapore, June 2013 – November 2017
• Managing Director & Head of Internal Audit for Asia region, Daiwa Capital Markets, November 2008 - June 2013
• Head of Internal Audit for Asia region, Lehman Brothers Asia, May 2002 – October 2008
• Securities Compliance Examiner in Boston, USA in July 1995 - April 2002
PT Bank Danamon Indonesia Tbk 2024 Annual Report 321
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Highlights Report Profile & Analysis
Qualifications
Name, Age and
Citizenship & Domicile Position Period Expertise Educational
Position
Background
I Nyoman Tjager • Indonesian Citizen Member of December 2024 – - Banking- - Doctoral Program
74 tahun • Domiciled in Integrated Corporate Present Insurance in Law, Universitas
Representative of Indonesia Governance - Securities Gadjah Mada,
PT Home Credit Committee and Securities Yogyakarta, (2003)
Indonesia Custodian - Postgraduate
- Legal and Program, Fordham
Advocates University, New
- Legal and Banking York – USA, (1987)
Auditors - Bachelor of Law
Program, Gadjah
Mada University,
Yogyakarta, (1976)
Work Experience (Position, Agency and Period of Service)
• Independent Commissioner and Chairman of Audit Committee, PT Sentul City Tbk, 2023 - present
• Independent Commissioner, Chairman of Audit Committee, Chairman of Risk Oversight Committee and Chairman of Remuneration and
Nomination Committee, PT Home Credit Indonesia, 2015 - present
• President Commissioner, Independent Commissioner and member of Integrated Corporate Governance Committee, PT Maybank Sekuritas
Indonesia, 2015 - present
• Member of Audit Committee & member of Risk Monitoring Committee, PT Bank Nationalnobu Tbk, 2011 - present
• President Commissioner (Independent Commissioner), Chairman of Remuneration & Nomination Committee and Chairman of Audit Committee,
PT Wahana Ottomitra Multiartha Tbk, 2018 - 2024
• Planning Expert, Supervisory Commission of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), 2018 - 2020
• Expert Staff for Planning, Supervisory Commission for the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), 2016 -
2018
• President Commissioner, Independent Commissioner and chairman of Audit Committee, PT Sorini Agro Asia Corporindo, 2016 - 2020
• Independent Commissioner & Vice Chairman of GCG, Nomination & Remuneration Committee, AJB Bumiputera 1912, 2015 - 2016
• President Commissioner, PT Hanson Internasional Tbk, 2014 – 2017
• Independent Commissioner and Chairman of the Audit Committee, PT Ancora Indonesia Resource Tbk, 2008 – 2014
• President Commissioner, PT Bursa Efek Indonesia, 2008 – 2014
• Commissioner & Chairman of the Audit Committee, PT Bank Lippo Tbk, 2003 – 2008
• Expert Staff to the Minister of State-Owned Enterprises for Small Business Partnerships, Ministry of SOEs, 2001 – 2005
• Commissioner, PT Bhakti Capital Investment Indonesia Tbk, 2001 – 2004
• Vice President Commissioner (Independent Commissioner) and Chairman of the Audit Committee, PT Indocement Tunggal Prakarsa Tbk, 2001
– 2017
• Commissioner, PT Pupuk Kalimantan Timur (Persero) Tbk, 2000 – 2002
• Director General of State-Owned Enterprises Development, Ministry of Finance Deputy, 2000 – 2001
• Minister/ Deputy Head of the Investment & BUMN Development Agency for Restructuring & Privatization, 2000 – 2000
• Secretary to the Minister of State/ Main Secretary of the Investment & BUMN Development Agency, 2000 – 2000
• President Commissioner, PT Kustodian Sentral Efek Indonesia, 1999 – 2003
• Assistant Minister of State for Investment in the National Business Empowerment Sector/ Deputy for National Business Development,
Investment Coordinating Board (BKPM), 1999 – 2000
• Commissioner, PT Pelayaran Samudera Djakarta Lloyd, 1993 – 2001
• Head of Legal Bureau, Bapepam – Ministry of Finance, 1991 – 1999
• Head of Legislation & Legal Aid Division, Bapepam – Ministry of Finance, 1991 – 1991
• Head of Inspection & Evaluation Division of Legal Bureau, Bapepam – Ministry of Finance, 1990 – 1991
• Head of Control & Evaluation Sub-Division of Legal Bureau, Bapepam – Ministry of Finance, 1988 – 1990
• Staff of Legal Bureau, Bapepam – Ministry of Finance, 1979 - 1988
INDEPENDENT PARTY IN THE COMMITTEE
Independent Parties are parties outside the Company who do not have financial, management, share ownership
and/or family relationships with members of the Board of Commissioners, the Board of Directors and/or controlling
shareholders or relationships with the Bank that may keep them from acting independently. Based on the Circular
Decision of the Board of Commissioners and stipulated in the Circular Decision of the Board of Directors, Independent
Parties are appointed to the Board of Commissioners committees as follows:
1. Zainal Abidin on the Audit Committee, Risk Oversight Committee and Integrated Corporate Governance Committee.
2. Mawar I.R. Napitupulu on the Audit Committee and Risk Oversight Committee.
Independent Parties appointed must meet the competency and independence requirements required by the
committee.
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Operational Corporate Sustainabillity Corporate
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AUDIT COMMITTEE engagement and remuneration of the Public
Accountant to be proposed to the Annual General
The Audit Committee has been set up to assist the Shareholders Meeting (AGMS).
Board of Commissioners in monitoring and evaluating b. In making recommendations, the Audit
audit planning and implementation as well as Committee shall consider the following:
monitoring follow-ups on audit results to assess the • Independence of Public Accountant, Public
adequacy of internal control, including the adequacy Accounting Firm, staffs of Public Accounting
of financial reporting process. The Audit Committee Firm.
ensures that the integrity, accuracy and adequacy of • Scope of audit.
the financial statements and all significant risks are • Compensation for audit services.
taken into account. The Audit Committee also oversees • Expertise and experience of Public
the effectiveness of regulatory compliance. The Audit Accountant, Public Accounting Firm and
Committee also suggests recommendations on the right team from Public Accounting Firm.
public accountants from appropriate public accounting • Audit methodology, techniques, and tools
firms and monitors their effectiveness. used by Public Accounting Firm.
• Benefits of fresh eye perspectives that will be
Audit Committee Charter obtained through the replacement of Public
The Audit Committee has Audit Committee Charter that Accountant, Public Accounting Firm and
governs matters pertaining to duties and responsibilities, audit team of Public Accounting Firm.
organization, membership criteria, independency, • Potential risk for the use of audit services
authority, meeting convention, work ethics and term by the same Public Accounting Firm
of office. The Audit Committee Charter is reviewed consecutively for a fairly long period of time.
periodically to ensure it remains in compliance with all • Evaluation results of the implementation of
regulatory provisions and suit the Danamon’s business audit services for annual financial information
needs. The Audit Committee Charter was last updated by Public Accountant and Public Accounting
in 2024. Firm in the previous period, if any.
c. Review the audit of financial statements,
Duties and Responsibilities of the Audit Committee significant findings, and recommendations of the
The duties and responsibilities of the Audit Committee Public Accountant and the Board of Directors’
include: responses.
1. Financial Reporting d. Evaluate the conduct of audit services on the
a. Review financial information to be issued to the annual historical financial information by Public
public and/or to the authorities by Danamon, Accountant and/or Public Accounting Firm at the
among others: the financial statements, minimum:
projections, and other statements relating to • Conformity of audit implementation by Public
financial information of Danamon. Accountant and/or Public Accounting Firm
b. Monitor and evaluate the compliance of financial with applicable audit standards.
statements with the applicable accounting • Adequacy of fieldwork time.
standards. • Assessment of the scope of services
c. Provide an independent opinion in the event of a provided and the adequacy of the sampling.
difference of opinion between the management • Recommendations for improvements
and the accountant on the services provided. provided by Public Accountant and/or Public
d. Examine complaints relating to accounting and Accounting Firm.
financial reporting processes of Danamon. The results of the audit Committee’s evaluation
e. Mantain the confidentiality of documents, data shall be no later than 6 (six) months after the end
and information of Issuers or Public Companies. of the financial year.
2. External Audit e. Monitor and evaluate the planning and execution
a. Recommend to the Board of Commissioners of the Public Accountant audits and monitor
the regarding appointment, re-appointment, follow-up audit results in order to assess the
termination or replacement, the term of adequacy of internal controls, including the
adequacy of the financial reporting process.
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f. Monitor and evaluate the compliance of Public • Appointment of an independent quality
Accounting Firm with applicable auditing standards. assurance from an external party to review
g. Review the adequacy of audit performed by the the performance of Internal Audit Working
Public Accountant to ensure that all significant Unit.
risks have been considered. 4. Internal Control
3. Internal Audit On a regular basis, review and reports to the Board of
a. Monitor and evaluate the implementation of Commissioners the adequacy and effectiveness of
internal audit tasks including the adequacy and internal control established by the Board of Directors,
effectiveness of the Internal Audit Working Unit including financial, operational, compliance and
(IAU). information technology.
b. Review the independence of the Head of Internal 5. Compliance
Audit Working Unit and ensure that he/she has a. Review the compliance framework, and the
direct and unrestricted access to the Board of scope of work and plan of the Compliance
Directors, Board of Commissioners and Sharia function.
Supervisory Board. b. Review the adherence to laws and regulations
c. Review the scope of work and audit plans of the relating to the Danamon’s activities.
Internal Audit Working Unit, including ensuring c. Review legal matters that may have a material
communication with the Board of Directors, impact on the financial statements, related
Board of Commissioners, Sharia Supervisory compliance policies, and reports received from
Board, External Auditor, and Indonesia Financial regulators.
Services Authority (FSA) and other matters 6. Other
related to the conduct of the audits. a. In carrying out its duties and responsibilities, the
d. Review significant findings and recommendations Audit Committee shall act independently and
of the Internal Audit Working Unit and the Board based on the prevailing laws and regulations and
of Directors’ responses. provisions.
e. Monitor and evaluate the implementation of b. The Audit Committee shall conduct an
follow-up by the Board of Directors on the examination of an alleged error in the decision of
findings of the Bank’s Internal Audit Working Unit Board of Director’s meeting or irregularities in the
(IAU), External Auditor, and on the findings of implementation of Board of Directors meeting
audit results of the Indonesia Financial Services decisions. The examination can be carried out
Authority and/or audit results of other regulator by Audit Committee or an independent party
and government bodies. appointed by the Audit Committee at the expense
f. Review the audit reports and ensure Board of of Danamon.
Directors to take timely corrective actions needed c. The Audit Committee shall prepare, review and
to resolve weakness of control, fraud, compliance update Audit Committee Charter periodically.
issues with policies, laws, regulations, or other d. The Audit Committee shall submit a review
issues identified and reported by Internal Audit result report to all members of the Board of
Working Unit, External Auditor, and Indonesia Commissioners after report of the review results
Financial Services Authority and or other is completed by the Audit Committee.
regulatory bodies. e. Provide an independent opinion when there is
g. Provide recommendations to the Board of a disagreement between the Board of Directors
Commissioners regarding: and Public Accountant for services rendered.
• Appointment and dismissal of the Head of f. Maintain the confidentiality of documents, data,
Internal Audit Working Unit. and information of Danamon.
• Approval of Internal Audit Charter. g. The Audit Committee reviews and provides
• Internal audit plan, scope and budget opinion to the Board of Commissioners regarding
allocation. the potential conflict of interest of the Danamon.
• Internal Audit Working Unit annual
remuneration as well as performance
rewards.
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h. Members of the Audit Committee must enhance Compliance Director, to ensure that transactions
competencies through continuous education carried out with due regard to the interests of the
and training. Danamon and minority shareholders as well as are
reasonably made under normal commercial terms.
Authority of the Audit Committee 3. If necessary, engage independent party outside the
The Audit Committee is authorized to do the following: Audit Committee members to assist the implement
1. Investigate any issues included in the terms of its duties.
reference, access and cooperate with the Board of 4. Invite/appoint observers.
Directors and the freedom to invite every Director 5. Perform any other authority granted by the Board of
or executive officer to attend Audit Committee Commissioners.
meetings, as well as to have reasonable resources 6. Access the Danamon’s documents, data, and
that can assist it in effectively carrying out its information including but not limited to, the
functions. employees, funds, assets and necessary corporate
2. Review of affiliate transactions and conflict of resources while maintaining the applicable secrecy
interest upon obtaining an appraisal report from the provisions.
7. Communicate directly with employees, including
the Board of Directors and those exercising internal
audit, risk management and accounting functions
related to the Audit Committee’s duties and
responsibilities.
Structure, Membership, Expertise and Legal Basis for Appointment
Structure and Membership
The Audit Committee has 4 (four) members, consisting of 2 (two) Independent Commissioners and 2 (two) Independent
Parties. The structure and membership of the Audit Committee has complied with applicable regulations.
STRUCTURE AND MEMBERSHIP OF THE AUDIT COMMITTEE IN 2024
No Name Position at Danamon Position in Committee
1 Halim Alamsyah Vice President Commissioner (Independent) Chairman
2 Hedy Maria Helena Lapian Independent Commissioner Member
3 Mawar I.R. Napitupulu Independent Party Member
4 Zainal Abidin Independent Party Member
Expertise of Audit Committee Members
All members of the Audit Committee have met the applicable provisions pertaining to the expertise criteria of
Audit Committee members that cover finance and/or accounting, risk management, banking and/or law, with due
consideration on their respective integrity, good attitude and morals as stated in their statement letter.
Legal Basis of Appointment
The incumbent members of the Audit Committee were appointed through Circular Decree of the Board of
Commissioners No.KSR-KOM.CORSEC.12.2024.007 dated December 11, 2024 and stipulated in the Circular of the
Board of Directors No.KSR-DIR.CORSEC.12.2024.005 dated December, 11 2024.
Independency of Audit Committee Members
All members of the Audit Committee are independent (Independent Commissioners and Independent Parties). Non-
independent Commissioners and Directors are not allowed to sit in the Audit Committee. Audit Committee members
shall comply with the Danamon’s Code of Conduct.
Term of Office
The term of office of members of the Audit Committee may not exceed the term of office of the Board of Commissioners
as regulated in the Danamon’s Articles of Association and can only be re-elected for 1 (one) subsequent period.
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Policy and Implementation of Audit Committee • Each meeting shall be recorded in the minutes,
Meetings properly filed, approved by all present members,
Audit Committee Meeting Policy and submitted to the Board of Commissioners.
• Committee meetings are held at least 1 (one) time • Dissenting opinions that occur in the meeting and
in 3 (three) months in accordance with Danamon’s the reasons must be clearly stated in the minutes of
needs. the meeting.
• Meetings may be held if attended by at least 51%
(fifty-one percent) of the total number of members.
• Meeting decisions shall be made on the principle
of deliberation to reach consensus. In the event
no consensus is reached, then the decisions shall
be made through voting. Decisions taken with a
majority vote are carried out based on the principle
of 1 (one) person 1 (one) vote.
Meeting Convention, Attendance, and Agenda
Throughout 2024, the Audit Committee held 14 (fourteen) meetings with the attendance rate and meeting agenda as
follows:
ATTENDANCE OF AUDIT COMMITTEE MEMBERS AT MEETING IN 2024
Name Attendance at Meeting
Halim Alamsyah 14/14
Hedy Maria Helena Lapian 12/14
Mawar Napitupulu 13/14
Zainal Abidin 14/14
AUDIT COMMITTEE MEETING AGENDA IN 2024
No Date of Meeting Meeting Agenda
1 January 25, 2024 • Review and Approval of Meeting Minutes
• Q4 – 2023 Consolidated Financial Statement
• Audit Committee Charter and Integrated Internal Audit Charter
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
• Quality Assurance Review
2 February 5, 2024 2023 Audit Closing – Progress Report
3 February 16, 2024 Appointment of 2024 Auditor
4 March 19, 2024 • Review and Approval of Meeting Minutes
• 2024 External Quality Assurance Review (QAR)
• EB Quarterly Monitoring – Q4 2023
• SME Independent Survey
• Audit Rating Status Update
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
• IIAU Coordination Meeting Semester II 2023
5 April 24, 2024 Update Bapepam Report
6 May 27, 2024 • Review and Approval of Meeting Minutes
• Integrated Internal Audit Charter
• EB Quarterly Monitoring – Q1 2024
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
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AUDIT COMMITTEE MEETING AGENDA IN 2024
No Date of Meeting Meeting Agenda
7 June 26, 2024 • Review and Approval of Meeting Minutes
• Fraud Update and Improvement on QA Branch
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
8 July 25, 2024 • Review and Approval of Meeting Minutes
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
9 August 26, 2024 • Review and Approval of Meeting Minutes
• Quality Assurance Review (QAR) of Internal Audit
• EB Quartely Monitoring Q2 - 2024
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
10 September 19, 2024 • Review and Approval of Meeting Minutes
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
11 September 30, 2024 • External Audit Planning FY24
• Tax Service Engagement
12 October 25, 2024 Update Bapepam Report
13 November 8, 2024 • Review and Approval of Meeting Minutes
• Additional Value-Added Service Report from PwC
• Internal Audit Plan 2025
• Internal Audit Update
• Internal Fraud Case Update
• Whistleblower Disclosure Report
• SME Foreclosed Assets (AYDA)
14 December 13, 2024 • POJK 15 concerning Integrity of Financial reporting
• Interm and Hardclose Audit Discussion 2024
Audit Committee Statement on the Effectiveness of Internal Control System
The internal control system run by the Danamon is considered to run effectively and adequately, as reflected in
the effectiveness of internal control functions, including internal audit, risk management, compliance, financial
and operational control. The Audit Committee periodically submits its work implementation reports to the Board of
Commissioners.
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RISK OVERSIGHT COMMITTEE 7. Monitor the effectiveness of Risk Management
Policies, Procedures, Tools, Limits and Frameworks
The Risk Oversight Committee has been set up with a as estabilished by the Board of Directors, Risk
function to oversee risk management at Bank. This is done Management Directorate, Business and Supporting
to comply with Financial Services Authority Regulation Work Units which are recommended through the
(POJK) No. 17 of 2023 concerning the Implementation Risk Management Committee;
of Corporate Governance for Commercial Banks (POJK 8. Ensure the accountability of the Board of Directors
17/2023). The Risk Oversight Committee is a risk and Executive Officers in carrying out their duties
committee at the Board of Commissioners level. and responsibilities related to the implementation of
effective risk management;
The Risk Oversight Committee is responsible for 9. Provide recommendations to the Board of
overseeing and providing recommendations or Commissioners on oversight of the implementation
independent professional opinions to the Board of of risk management related to the Risk Appetite
Commissioners on risk management frameworks and Statement (RAS) including thresholds; country risk
policies that are consistent with The Bank’s risk appetite. and transfer risk; and the implementation of non
performing asset, provisions, and reserves carried
Risk Oversight Committee Charter out by the Bank in managing credit risk;
The Risk Oversight Committee has a Risk Oversight 10. Initiate an inquiry and investigation into matters
Committee Charter that governs matters related to that require independent review and assessment
the purpose, membership, term of office, roles and related to Frauds, Conflict of Interest, Lapses in
responsibilities, authorities, meeting rules, reporting, Governance, Negligence and Violations of the Code
performance evaluation and charter review period. of Conduct, and anti-bribery/corruption and Anti-
The Risk Oversight Committee Charter is reviewed Money Laundering (AML);
periodically.
Authority of the Risk Oversight Committee
Duties and Responsibilities of the Risk Oversight The Risk Oversight Committee has the following
Committee authorities:
The Risk Oversight Committee has the following duties 1. Access the documents, data and information of The
and responsibilities: Bank that necessary;
1. Formulate and periodically review/update the Risk 2. Communicate directly with employees, Directors
Oversight Committee Charter; and other parties;
2. Oversee the implementation of risk management 3. Engage independent parties to assist the
practices; implementation of its duties;
3. Evaluate risk management policies and evaluate 4. Perform other authorities granted by the Board of
the conformity of risk management polices to the Commissioners.
implementation of Bank’s policies;
4. Provide independent professional opinions to the Structure, Membership, Expertise and Legal Basis for
Board of Commissioners and recommend to the Appointment of the Risk Oversight Committee
Board of Directors, the actions to be considered
for further strengthening of the risk management Structure and Membership of the Risk Oversight
framework; Committee
5. Conduct oversight and evaluation toward the The Risk Oversight Committee consists of 6 (six)
implementation of the duties of the Risk Management members, consisting of 2 (two) Independent
Committee and Risk Management Work Unit; Commissioners, 2 (two) Commissioners, 2 (two)
6. Review all risk management policies and documents independent parties. The structure and membership
submitted to Regulators as well as internal of the Risk Oversight Committee has met applicable
documents. regulations.
328 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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STRUCTURE AND MEMBERSHIP OF THE RISK OVERSIGHT COMMITTEE IN 2024
No Name Position at Bank Position on Committee
1 Hedy Maria Helena Lapian Independent Commissioner Chairman
2 Peter Benyamin Stok Independent Commissioner Member
3 Nobuya Kawasaki Commissioner Member
4 Dan Harsono Commissioner Member
5 Mawar Napitupulu Independent Party Member
6 Zainal Abidin Independent Party Member
Expertise Of Independent Parties Risk Oversight Committee Meeting Policy
Independent Parties as parties that assist the committee Risk Oversight Committee shall hold at least 1 (one)
meet the requirements as stipulated in POJK No. 17 of meetings in 1 (one) month if attended by the majority
2023 to support the implementation of the committee’s (more than 50%) of committee members either face
functions and responsibilities. to face and/or virtually. Committee meetings shall
be chaired by the Chairman of the Committee. If the
Legal Basis of Appointment Chairman unable to attend, he or she may appoint
Members of the Risk Oversight Committee were another member of the Risk Oversight Committee to
appointed through Circular Decree of the Board of chair the meeting.
Commissioners No.KSR-KOM.CORSEC.12.2024.007
dated December 11, 2024 and stipulated in the Meeting decisions are taken based on the principle of
Circular of the Board of Directors No.KSR-DIR. deliberation and consensus. In cases where consensus
CORSEC.12.2024.005 dated December, 11 2024. is not reached, then the decisions shall be made
through majority vote. The decisions of Risk Oversight
Independency of Risk Oversight Committee Members Committee meeting shall be recorded in the minutes
To maintain independency and objectivity, the majority of the meeting, approve by all members of the Risk
of Committee members are Independent Commissioners Oversight Committee present. The minutes of meeting
and Independent Parties. Members of the Board of is administered by Corporate Secretary Division.
Directors are not allowed to become members of the
Risk Oversight Committee. Evaluation of the committee’s performance at the end of
each financial year.
Term of Office
The term of office of committee members may Further information regarding the Risk Oversight
not be longer than the term of office of the Board Committee Meeting Policy is available in the Risk
of Commissioners as regulated in the Articles of Oversight Committee Charter on the Bank’s website
Association. www.danamon.co.id.
Policy and Implementation of Risk Oversight Implementation, Attendance Level and Meeting
Committee Meetings Agenda
With regards to the implementation of POJK 17/2023 During 2024, the Risk Oversight Committee was held 13
that took effect in September 2023, the Bank has (thirteen) meetings with the attendance of committee
updated the Risk Oversight Committee Meeting Policy members and the meeting agenda as follows:
effective in January 2024.
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MEETING ATTENDANCE OF RISK OVERSIGHT COMMITTEE MEMBERS IN 2024
Name Attendance at Meetings
Hedy Maria Helena Lapian 13/13
Peter Benyamin Stok 13/13
Nobuya Kawasaki 8/13
Dan Harsono 13/13
Mawar Napitupulu 12/13
Zainal Abidin 13/13
RISK OVERSIGHT COMMITTEE MEETING AGENDA IN 2024
No Date of Meeting Meeting Agenda
1 January 26, 2024 · Review and Approval of the Previous Minutes of Meeting
· Treasury Capital Market Update
· Amendment of BOC Resolution on Receivables Write Off and Charged Off
· Credit Portfolio Update – December 2023
· ICAAP Stress Test and Report – 2H 2023
· ORM, MLRM, and IRM Quarterly Update
· Compliance, FCC, Legal and Litigation Update
2 February 26, 2024 · Review and Approval of the Previous Minutes of Meeting
· Credit Risk Policy Renewal 2024
· Integrated Risk Management Policy Update
· Integrated Risk Management Committee Charter Update
· Regulatory Risk Profile Q4-2023 and Integrated Risk Profile 2H-2023
· Credit Portfolio - January 2024
· Model Risk Management Update 2H-2023
· Market Risk Update – Treasury Trading Limit Review
· Credit Card Product Program Renewal 2024
· Compliance, FCC, Legal and Litigation Update
3 March 20, 2024 · Review and Approval of Previous Minutes of Meeting
· Credit Portfolio February 2024
· Peer Banks Analysis Q4 – 2023
· SME Business Update
· Treasury Balance Sheet Management (BSM) Limit Review
· Compliance, FCC, Legal and Litigation Update
4 April 26, 2024 · Review and Approval of Previous Minutes of Meeting
· Credit Portfolio March 2024
· Quarterly update (MLR, ORM IRM)
· Compliance, FCC, Legal and Litigation Update
5 May 27, 2024 · Review and Approval of Previous Minutes of Meeting
· Treasury and Capital Market
· Market and Liquidity Risk
· RAS Policy Periodic Review
· Credit Portfolio April 2024
· Adira Finance - Cost of Credit
· Q1-2024 Regulatory Risk Profile
· Q1-2024 Peer Banks Analysis
· ORM and IRM Quarterly Update
· Compliance, FCC, Legal and Litigation Update
6 June 20, 2024 Unbilled Retail Interest
7 June 24, 2024 · Review and Approval of the Previous Minutes of Meeting
· 2024 Risk Management Policy
· Credit Portfolio May 2024
· Credit Card Product Program – Caps and Triggers
· Unsecured Personal Loan Product Program
· CASA Strategy – Transaction Banking
· CASA Strategy – Consumer Banking
· Anti Fraud Strategy
· Compliance, FCC, Legal and Litigation Update
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RISK OVERSIGHT COMMITTEE MEETING AGENDA IN 2024
No Date of Meeting Meeting Agenda
8 July 26, 2024 · Review and Approval of the Previous Minutes of Meeting
· Treasury and Capital Market (TCM)
· Market and Liquidity Risk (MLR) – 2Q 2024
· Mortgage Facility (Non-Soft Loan) on Bulk Limit for Related Party
· Capital Management Policy
· ICAAP Stress Test and Report - 1H 2024
· Country Risk and Transfer Risk Guideline
· Credit Portfolio Update – June 2024
· Adira Finance Business
· ORM and IRM – 2Q 2024
· MUFG Information Update
· Compliance, FCC, Legal and Litigation Update
9 August 27, 2024 · Review and Approval of the Previous Minutes of Meeting
· MEV Assumption for Credit Stress Test
· Integrated Capital Management Policy
· Outsourcing Policy
· Credit Portfolio Update July 2024
· Peer Banks Analysis Q2 2024
· Regulatory Risk Profile
· Model Risk Management 1H 2024
· Compliance, FCC, Legal and LitigationLitigation
10 September 24, 2024 · Review and Approval of the Previous Minutes of Meeting
· Credit Stress Test
· 2024 Credit Risk Policy Amendment
· Credit Portfolio August 2024
· SME Update
· Temporary Limit Increase – (DV01 IDR and EVE)
· Compliance, FCC, Legal and Litigation Update
11 October 29, 2024 · Review and Approval of the Previous Minutes of Meeting
· Contingency Funding Plan (CFP) Policy – Annual Review
· Treasury and Capital Market Update
· Market & Liquidity Risk Management Policy
· Market & Liquidity Risk Management Quarterly Update
· Recovery Plan Policy Update and Document
· Sustainable Finance Action Plan 2025-2029
· Revised Write-Off Plan 2024 Proposal
· Credit Portfolio Update - September 2024
· IT Risk Appetite and Tolerance
· ORM and IRM Quarterly Update
· Compliance, FCC, Legal and Litigation Update
12 November 26, 2024 · Review and Approval of the Previous Minutes of Meeting
· Fund Transfer Pricing (FTP) Policy Review
· Limit Treasury Balance Sheet Management (BSM)
· Regulatory Risk Profile – Q3 2024
· BOD Committees Charters
· Credit Portfolio Update - October 2024
· CRMS - Stress Test Result
· Peer Banks Analysis – Q3 2024
· Credit Parameter 2024
· EBFI Business
· Compliance, FCC, Legal and Litigation Update
13 December 19, 2024 · Credit & Enterprise Risk Update
· DPS Evaluation Worksheet – 3Q 2024
· Compliance, FCC, Legal and Litigation Update
Implementation of Risk Oversight Committee Work in 2024
The Risk Oversight Committee has reported its activities and recommendations to the Board of Commissioners
periodically.
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NOMINATION AND REMUNERATION 6. May evaluate all members of the Board of
COMMITTEE Commissioners and/or members of the Board of
Directors who will be reappointed at the GMS.
The Nomination and Remuneration Committee is a 7. Review and evaluate Candidates in the same manner,
committee that assists the implementation of the with no regard to gender, race, religion source of the
functions and duties of the Board of Commissioners initial recommendation.
to review and assess the nomination and remuneration 8. Review and evaluate candidate based on minimum
of members of the Board of Directors and members requirements and other criteria consideration on all
of the Board of Commissioners. The Nomination and facts and circumstances as deemed appropriate
Remuneration Committee is responsible to the Board of including, amongst others, the banking knowledge
Commissioners. and skills of the proposed candidate, their depth
and breadth of professional experience or other
Nomination and Remuneration Committee Charter background characteristics, their independence,
The Nomination and Remuneration Committee and the need for members of the Boards of
has a Charter that governs matters on objectives, Commissioners/ the Boards of Directors.
accountability, structure and membership, term of 9. Proposes all candidates (whether identified
office, duties and responsibilities, authority, meeting internally or by a shareholder) upon favorable
and proceeding, and reporting. The Nomination evaluation to the Board of Commissioners through
and Remuneration Committee’s Charter is reviewed circular for nomination as members of the Board
periodically. of Commissioners/ the Board of Directors in the
subsequent General Meeting of Shareholders.
Duties and Responsibilities in Nomination 10. The official appointments of the Candidates as the as
The duties and responsibilities of the Nomination and the Board of Commissioners/ the Board of Directors
Remuneration Committee include: member will be done after the General Meeting of
1. Recommends to the Board of Commissioners Shareholders’ approval and is subject to the fullfillment
regarding: of all conditions as required by regulations including but
• The composition of members of the Boards of not limited to the fit and proper test by the Indonesia
Commissioners and/or of the Boards of Directors. Financial Services Authority (FSA) and of other
• The Policy and criteria required for the nomination authority.
process. 11. Evaluates and recommends candidates for members
• The policy for performance evaluation of of the Boards of Commissioners and the Board of
members of the Boards of Commissioners and/ Directors of subsidiaries, where such subsidiaries
or the Boards of Directors. have significant impact to the Bank, to the Board of
2. Review, evaluate and give recommendations Commissioners of the Bank.
regarding systems and procedures of election and/ 12. May provide “no objection” for the candidates for
or replacement of members the Boards of Directors the Board of Directors in subsidiaries.
and members of Boards of Commissioners to Boards 13. Develop mechanisms and assess the performance
of Commissioners to be submitted to the GMS. of members of the Board of Commissioners and/or
3. Identify, review and recommendations regarding members of the Board of Directors.
prospective members of the Boards of Directors 14. Recommends to the Board of Commissioners
and/or prospective members of the Board of regarding the competency development program
Commissioners to the Board of Commissioners to for members of the Board of Commisioners and/or
be submmitted to the GMS to obtain approval. members of the Board of Directors.
4. Recommend to the Board of Commissioners 15. The Nomination and Remuneration Committee
independent parties who will become members of members must improve competencies through
the Board of Commissioners committees. continual education and training.
5. At Danamon’s expense, the Nomination and 16. Prepare, review and update the Nomination and
Remuneration Committee may from time to time Remuneration Committee Charter periodically and
exercise its authority to use the services of one or make it is available on Danamon’s official website.
more search firms to identify candidates (including 17. The Nomination and Remuneration Committee
to approve the fees and terms of the search firm). maintaining donfidentiality of all documents, data
and Bank’s information.
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Duties and Responsibilities in Remuneration 5. Review and update its charter periodically.
The duties and responsibilities of the Nomination and 6. Maintain the confidentiality of all documents, data,
Remuneration Committee include: and information of the Bank.
1. Formulating policies, evaluating and giving 7. Improving competencies through continual
recommendations to the Board of Commissioners education and training.
on:
• Structure and amount of remuneration for the The Nomination and Remuneration Committee shall
Boards of Commissioners, the Board of Directors, report the implementation of its duties and responsibilities
and Senior Management. along with the remuneration procedures that have been
• The Remuneration, including salaries, implemented to the Board of Commissioners. This
allowances, bonuses and incentives to be report is part of the Report on the implementation of the
awarded against the achievements of prescribed duties of the Board of Commissioners and is submitted
goals and targets for the President Director at the GMS.
and other members of the Board of Directors,
members of the Board of Commissioners and the Authority of the Nomination and Remuneration
Sharia Supervision Board. Committee
• The Remuneration, including salaries and The Nomination and Remuneration Committee has the
allowances of the Independent Parties. authority to execute Nomination and Remuneration
2. Assisting the Board of Commissioners to assess policy, including:
performance with the suitability of remuneration a. Authorized to access Danamon’s documents, data,
received by each member of the Board of and information as as deemed necessary.
Commissioners and/or members of the Board of b. Authorized to communicate directly with employees,
Directors. the Board of Directors and other parties.
3. Consider the following matters in preparing c. Authorized to engage independent parties to assist
structure, policy, and amount of Remuneration: in the performance of its duties if necessary.
• Remuneration that exist in the industry in line d. Authorized to perform other authorities granted by
with business activities and scale of Danamon’s the Board of Commissioners.
business;
• Fairness of remuneration compared its peer Structure, Membership, Expertise and Legal Basis for
group; Appointment of the Nomination and Remuneration
• The duties, responsibilities and authorities Committee
of members of the Board of Directors and/or
Members of the Board of Commissioners in line Structure and Membership of the Nomination and
with achievements of Danamon’s objectives and Remuneration Committee
performances; The Nomination and Remuneration Committee has
• Performance targets or performances of each 5 (five) members, consisting of 2 (two) Independent
member of the Board of Directors and/or of the Commissioners, 2 (two) Commissioners, and 1 (one)
Board of Commissioners; Danamon Executive Officer in charge of Human
• Balance between fixed and variable allowances; Resources. The structure and membership of the
• Danamon’s financial performance and Nomination and Remuneration Committee have
compliance with prevailing regulations; complied with applicable regulations.
• Considerations of the long term goals and
strategies of Danamon.
4. Evaluating the structure, policy, and amount of
remuneration as referred to above at least 1 (one)
time in 1 (one) year.
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MEMBERSHIP STRUCTURE OF THE NOMINATION AND REMUNERATION COMMITTEE IN 2024
No Name Position at Bank Position in Committee
1 Halim Alamsyah Vice President Commissioner (Independent) Chairman
2 Yasushi Itagaki President Commissioner Member
3 Hedy Maria Helena Lapian Independent Commissioner Member
4 Nobuya Kawasaki Commissioner Member
5 Roy Fahrizal Permana Human Resources Executive Officer Member and concurrent Secretary
Expertise of Nomination and Remuneration Policy and Convention of Nomination and
Committee Members Remuneration Committee Meetings
All Committee members have met the applicable
provisions pertaining to the expertise requirements Nomination and Remuneration Meeting
of Committee members with due attention to their 1. The Nomination and Remuneration Committee
respective integrity, attitudes and morals as outlined in shall hold at least 1 (one) meeting in every 3 (three)
the personal statement. months.
2. Committee meetings meetings be held if attended
Legal Basis of Appointment by majority of the number of committee members:
Members of the Nomination and Remuneration a. 1 (one) independent commissioner; and
Committee were appointed through Circular Decree b. 1 (one) executive officer in charge of human
of the Board of Commissioners No.KSR-KOM. resources function or 1 (one) representative of
CORSEC.12.2024.007 dated December 11, 2024 and the bank employees.
stipulated in the Circular of the Board of Directors 3. Meeting decisions are taken based on consensus.
No.KSR-DIR.CORSEC.12.2024.005 dated December, 11 4. In the event that a consensus is not reached, then the
2024. decisions shall be made through voting. Decisions
taken based on a majority vote are based on the
Independency of the Nomination and Remuneration principle of 1 (one) person 1 (one) vote.
Committee 5. Dissenting opinions during the Nomination and
To uphold independency and objectivity, the Remuneration Committee meetings shall be stated
Nomination and Remuneration Committee is chaired clearly in the minutes of the meeting along with
by an Independent Commissioner, Halim Alamsyah. underlying reasons.
Member Directors are not allowed to be members of the 6. Every Nomination and Remuneration Committee
Nomination and Remuneration Committee. Members meeting shall be recorded in the minutes, properly
of the Nomination and Remuneration Committee shall documented, and signed by all of the present
comply with the Danamon Code of Conduct. members of the Nomination and Remuneration
Committee.
Term of Office 7. The minutes of Nomination and Remuneration
A member of the Nomination ang Remuneration Committee meetings shall be submitted in writing to
Committee is appointed for a certain term of office and the Board of Commissioners.
can be re-elected.
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Meeting Convention, Attendance, and Agenda
During 2024, the Nomination and Remuneration Committee held 7 (seven) meetings with attendance of each
Committee given below:
ATTENDANCE OF NOMINATION AND REMUNERATION COMMITTEE MEMBERS AT 2024 MEETINGS
Name Meeting Attend
Halim Alamsyah 7/7
Yasushi Itagaki 7/7
Hedy Maria Helena Lapian 7/7
Nobuya Kawasaki 7/7
Roy Fahrizal Permana 7/7
MEETING AGENDA OF THE NOMINATION AND REMUNERATION COMMITTEE IN 2024
No Date of Meeting Meeting Agenda
1 February 13, 2024 2023 Performance Bonus and 2024 Salary Increase
2 February 26, 2024 New Appointment of Board of Director in Bank Danamon
3 March 22, 2024 Changes of Nomination and Remuneration Committee Charter
4 June 13, 2024 Long Term Incentive (LTI) Payments – 2021
5 September 27, 2024 Appointed new member Integrated Corporate Governance Committtee (ICG) in Bank Danamon
6 December 3, 2024 New composition of Board of Director and Board of Management of Bank Danamon
7 December 19, 2024 Long Term Incentive Grant 2024
Report on the Implementation of the Nomination and Report on the Implementation of the Nomination
Remuneration Committee’s Activities in Nomination and Remuneration Committee’s Activities in
Nomination work activities can be summarized as Remuneration
follows: Remuneration work activities can be summarized as
• Provide recommendations for the member follows:
composition of the Board of Commissioners • Recommended tantiem and salary increase
Committees and Sharia Supervisory Board. for Directors, Commissioners and the Sharia
• Reviewed nominations for the appointment of Supervisory Board.
President Commissioner and Commissioner include • Reviewed and recommended remuneration for
Sharia Supervisory Board at Bank Danamon. Directors and new Directors.
• Provide recommendations on member composition • Reviewed and recommended remuneration for
of Danamon’s Board of Commissioners in each Commissioners and new Commissioners including
Committee. the Sharia Supervisory Board.
• Provide recommendations for the appointment of • Reviewed the proposed Long-Term Incentive
members of Danamon’s Board of Directors. program.
The activities and recommendations of the Nomination
and Remuneration Committee are reported regularly to
the Board of Commissioners.
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CORPORATE GOVERNANCE COMMITTEE 5. Reviewing the governance report issued by the
The Corporate Governance Committee is a committee Company to ensure its transparency and accuracy
that assists implementation of the duties and recommend improvements to the Board of Directors.
responsibilities of the Board of Commissioners in 6. Provide recommendations to the Board of
terms of oversight of the effectiveness of structure, Commissioners for endorsement of the governance
framework, policies, and resources of governance report and Bank’s governance policies.
to support the implementation of good corporate 7. Prepare, review, and update the Charter of CG
governance principles. The Corporate Governance Committee periodically. The referred Committee
Committee is responsible to the Board of Commissioners Charter shall be available on Danamon’s website.
in terms of oversight of the implementation of corporate 8. Maintain confidentiality of all documents, data, and
governance and the Bank’s compliance with regulations. information of Bank.
9. Reporting its activities to the Board of Commissioners.
Corporate Governance Committee Charter
The Corporate Governance Committee has a Charter Authority of Corporate Governance Committee
that governs matters related to the objectives, The authorities of the Corporate Governance Committee
accountability, structure and membership, term of include:
office, duties and responsibilities, authority, meetings 1. Authorized to access Bank’s documents, data, and
and implementation, reporting, performance evaluation information as deemed necessary.
mechanism and review period. Corporate Governance 2. Direct communication with employees, Directors
Committee Charter is reviewed periodically. and other parties related to implementation of duties
and responsibilities.
Duties and Responsibilities of Corporate Governance 3. Engaging independent parties to assist it with its
Committee duties when necessary.
In discharging its duties and responsibilities, Corporate 4. Perform any other authority granted by the Board of
Governance Committee shall act independently. The Commissioners.
duties and responsibilities of Corporate Governance
Committee include: Structure, Membership, Expertise and Legal Basis for
1. Adhering to the Company’s Code of Conduct. Appointment
2. Evaluates the structure and frameworks of corporate
governance as well as the suitability of Danamon’s Corporate Governance Committee Structure and
governance policies. Membership
3. Periodically review and assess the principles and Corporate Governance Committee has 2 (two) members,
implementation of Bank’s good corporate governance consisting of 1 (one) Independent Commissioner and 1
and submit improvement recommendations to the (one) Commissioner.
Board of Commissioners.
4. Report to the Board of Commissioners of the
various inappropriateness of Bank’s governance
implementation and actions to be taken for
improvement.
COMPOSITION OF CORPORATE GOVERNANCE COMMITTEE IN 2024
No Name Position at Bank Position in Committee
1 Peter Benyamin Stok Independent Commissioner Chairman
2 Nobuya Kawasaki Commissioner Member
Expertise of Governance Committee Members Legal Basis of Appointment
All committee members fulfill the applicable provisions Corporate Governance Committee member appointed
related to the expertise requirements of the Corporate through Circular Decree of the Board of Commissioners
Governance Committee members with due regard to No.KSR-KOM.CORSEC.12.2024.007 dated December
their respective integrity, attitude and high morals as 11, 2024 and stipulated in the Circular of the Board of
stated in the personal statement letter. Directors No.KSR-DIR.CORSEC.12.2024.005 dated
December, 11 2024.
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Independence of Corporate Governance Committee
To uphold independency and objectivity, the Corporate Governance Committee is chaired by an Independent
Commissioner, Peter Benyamin Stok. Members of the Board of Directors are not allowed to be members of the
Corporate Governance Committee. Committee members shall adhere to the Bank Code of Ethics.
Term of Office
The term of office of members of Corporate Governance Committee shall not be longer than the term of office of
the Board of Commissioners as regulated in the Bank Articles of Association and can only be re-elected for 1 (one)
more period with a maximum terms of office of 2 (two) periods. Further provisions regarding the term of office of
independent commissioners are available in the Commissioners Chapter of this Annual Report.
Corporate Governance Committee Meeting Policy and Convention
Corporate Governance Committee Meeting Policy
1. Meetings are held in accordance with the needs of the Bank at least 1 (one) time in 1 (one) semester.
2. The minimum attendance of committee meetings (meeting quorum) is 100% (one hundred percent) of the
members of the Corporate Governance Committee.
3. Meeting decisions shall be made on the principle of deliberation to reach consensus.
4. In the event that deliberation to reach consensus does not occur, decision making shall be based on a majority
vote based on the principle of 1 (one) person 1 (one) vote.
5. Dissenting opinions that occur in the meeting and the reasons for the differences must be clearly stated in the
minutes of the meeting.
6. Each meeting shall be recorded in the minutes, properly filed, approved by all present members, and submitted to
the Board of Commissioners.
Meeting Implementation, Attendance, and Agenda
During 2024, the Corporate Governance Committee held 2 (two) meetings with attendance and agenda as given
below:
ATTENDANCE OF CORPORATE GOVERNANCE COMMITTEE MEMBERS AT MEETING IN 2024
Name Attendance at Meeting
Peter Benyamin Stok 2/2
Nobuya Kawasaki 2/2
MEETING AGENDA OF CORPORATE GOVERNANCE COMMITTEE 2024
No Date of Meeting Meeting Agenda
1 January 19, 2024 Updates of Corporate Governance
2 July 23, 2024 Updates of Corporate Governance
Implementation of the work activities of Corporate Governance Committee in 2024
The Corporate Governance Committee reported its activities and recommendations to the Board of Commissioners
periodically.
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INTEGRATED CORPORATE GOVERNANCE Authority of Integrated Corporate Governance
COMMITTEE Committee
Bank as the Main Entity of the MUFG Group Financial The authorities of the Integrated Corporate Governance
Conglomeration has set up an Integrated Corporate Committee include:
Governance Committee to assist the Board of 1. Accessing documents, data and information
Commissioners as the Board of Commissioners of the required from the Main Entity, Subsidiaries and
Main Entity in with its oversight function, especially over Sister Company, while complying with the internal
the implementation of Integrated Corporate Governance policies of each entity and the prevailing laws and
in the MUFG Group Financial Conglomeration pursuant regulations.
to all regulatory provisions. The Integrated Governance 2. Communicate directly with employees, Directors
Committee reports to the Board of Commissioners. and other parties in the Main Entity, Subsidiaries and
Sister Company.
Integrated Corporate Governance Committee Charter 3. Envolve independent parties to assist in the
Integrated Corporate Governance Committee of the implementation of its duties, if necessary.
Bank has Charter that regulates matters related to the 4. Perform other authorities granted by the Board of
purpose, structure and membership, term of office, Commissioners of the Main Entity.
duties and responsibilities, authority, organization of
meetings, performance evaluation, reporting and review Structure, Membership, Expertise and Legal Basis for
period. Integrated Corporate Governance Committee Appointment of the Integrated Corporate Governance
Charter is reviewed periodically. Committee
Duties and Responsibilities of the Integrated Structure and Membership of the Integrated
Corporate Governance Committee Corporate Governance Committee
The duties and responsibilities of the Integrated In line with changes to the MUFG Group Financial
Corporate Governance Committee include: Conglomeration, the Integrated Corporate Governance
1. To evaluate the implementation of integrated Committee has 9 (nine) members:
corporate governance at a minimum through 1. From the Main Entity consisting of:
assessing the adequacy of internal controls and the a. 1 (one) Independent Commissioner
implementation of integrated compliance function. b. 1 (one) Commissioner
2. Provides recommendations to the Board of c. 1 (one) Independent Party
Commissioners of the Main Entity for improvements d. 1 (one) member of the Sharia Supervisory Board
to the Integrated Corporate Governance Policy. 2. From Subsidiaries:
3. To improve the competency of members through 1 (one) Independent Commissioner representing
continuous education and trainings. and appointed from the Subsidiary Company.
4. To have, review, and update the Integrated Corporate 3. From Sister Companies:
Governance Committee Charter periodically. a. 3 (three) Supervisory Board members
5. Maintain the confidentiality of all documents, data, representing and appointed from the Sister
and information of the Main Entity and FSIs in the Company.
Financial Conglomeration. b. 1 (one) Independent Commissioner who
representing and appointed from the Sister
Company.
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MEMBER COMPOSITION OF THE INTEGRATED CORPORATE GOVERNANCE COMMITTEE IN 2024
No Name Position at each FSI Position in Committee
1 Peter Benyamin Stok Independent Commissioner Chairman
2 Nobuya Kawasaki Commissioner Member
3 M Din Syamsudin Chairman of Sharia Supervisory Board Member
4 Zainal Abidin Independent Party Member
5 Krisna Wijaya Representatives of PT Adira Dinamika Multi Finance Tbk (“Adira Finance”). Member
6 Christopher Mark Davies Representatives of MUFG Jakarta Member
7 Andre S Painchaud Representatives of MUFG Jakarta Member
8 Yasuhiko Togo Representatives of MUFG Jakarta Member
9 I Nyoman Tjager* Representative of PT Home Credit Indonesia (HCID) Member
*) effectively as member of the integrated corporate governance committee on December 11, 2024
Expertise of Integrated Corporate Governance Committee Members
Each member has the expertise needed to carry out the committee’s functions by ensuring that each member has
integrity, good attitudes and high morals as stated in their personal statement letter.
Legal Basis of Appointment
Integrated Corporate Governance Committee member were appointed through Circular Decree of the Board of
Commissioners No.KSR-KOM.CORSEC.12.2024.007 dated December 11, 2024 and stipulated in the Circular of the
Board of Directors No.KSR-DIR.CORSEC.12.2024.005 dated December, 11 2024.
Independency of the Integrated Corporate Governance Committee
To uphold independency and objectivity, the Integrated Corporate Governance Committee is chaired by an
Independent Commissioner, Peter Benyamin Stok. Members of the Board of Directors are not allowed to be members
of the Integrated Corporate Governance Committee.
Term of Office
The term of office of members of the Integrated Corporate Governance Committee shall not be longer than their
respective terms of office at the Main Entity or at the FSIs in the Financial Conglomeration as stipulated in the Articles
of Association of each Entity.
Integrated Corporate Governance Committee Meeting Policy and Convention
Integrated Corporate Governance Committee Meeting Policy
1. Meetings are held as needed at least 1 (one) time in 1 (one) semester and can be held via video conference.
2. Minimum attendance at committee meetings shall be 51% (fifty one percent) of the members of the Integrated
Corporate Governance Committee.
3. Meeting decisions shall be made on the principle of deliberation to reach consensus. If no consensus is reached,
then the decisions shall be made through voting for majority votes based on the principle of 1 (one) person 1 (one)
vote.
4. Dissenting opinions during the meeting shall be stated clearly in the minutes of the meeting along with underlying
reasons.
5. Each meeting decision shall be recorded in the minutes, properly filed, approved by all of the Committee’s present
members, and submitted to the Board of Commissioners of the Main Entity.
Meeting Convention, Attendance Level, and Agenda
During 2024, the Integrated Corporate Governance Committee held 2 (two) meetings with attendance and meeting
agenda given below:
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ATTENDANCE OF MEMBERS OF THE INTEGRATED CORPORATE GOVERNANCE COMMITTEE AT THE MEETING
IN 2024
Name Attendance at Meeting
Peter Benyamin Stok 2/2
Nobuya Kawasaki 2/2
M. Din Syamsudin 1/2
Zainal Abidin 2/2
Krisna Wijaya 2/2
Christopher Mark Davies 2/2
Andre S Painchaud 2/2
Yasuhiko Togo 2/2
I Nyoman Tjager* -
*) effectively as member of the Integrated Corporate Governance Committee on December 11, 2024.
INTEGRATED CORPORATE GOVERNANCE COMMITTEE MEETING AGENDA IN 2024
No Date of Meeting Meeting Agenda
1 February 7, 2024 Updates of Financial Conglomeration Governance on Main Entity; Subsidiary Company (Adira Finance); and
sister Company (MUFG Jakarta)
2 August 9, 2024 Updates of Financial Conglomeration Governance on Main Entity; Subsidiary Company (Adira Finance); and
sister Company (MUFG Jakarta and HCID)
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THE BOARD OF DIRECTORS
The Board of Directors (BOD) is the organizational body WORK ETHICS
of an Issuer or Public Company that has full authority Each member of the BOD has work ethics, as follows:
and responsibility for the overall management and for 1. Each member of the BOD shall carry out their duties,
the best interests of the Issuer or Public Company in authority and responsibilities in good faith, and with
accordance with its corporate objective, and represents the principle of prudence.
it both inside and outside the court in accordance with 2. Members of the BOD are prohibited from taking
the provisions of the Articles of Association. advantage of Bank for personal, family benefits, and/
or benefits of other parties that may harm or put the
Members of the BOD are appointed at the General Bank at a disadvantage and/or harm its reputation
Meeting of Shareholders (GMS) with due consideration as well as thot its subsidiaries.
on recommendations from the Nomination and 3. Members of the BOD are prohibited from taking and/
Remuneration Committee through the BOC. The receiving personal benefits from Bank other than
appointment is effective on the date determined in the remuneration and facilities determined by the GMS.
GMS and ends at the closing of the 3rd (third) GMS 4. Members of the BOD are prohibited from holding
afterward. The term of office of members of the BOD concurrent positions:
appointed later begins on the date specified in the GMS • As a member of the BOD, member of the BOC,
and ends on the same date as the term of office of their member of the Sharia Supervisory Board (SSB),
fellow members. or executive officer at other Banks, companies,
and/or Institutions.
The BOD is accountable for the implementation of its • In the field of functional duties at Bank financial
duties to the GMS. In carrying out its duties, the BOD is institutions and/or non-Bank financial institutions
given clear authority and responsibility in accordance domiciled at home or abroad.
with the Bank’s Articles of Association which are guided • In other positions that may cause conflict
by the prevailing laws and regulations. Members of the of interest in the performance of duties as a
BOD whose term of office has ended may be re-elected member of the BOD.
by the GMS for the following 3 years. • In other positions in accordance with the
provisions of laws and regulations.
BOARD OF DIRECTORS CHARTER 5. Not considered as having concurrent positions as
The BOD has a Charter that is prepared and reviewed referred to above in the event that a member of
periodically based on applicable regulations, the BOD who responsible for the supervision of
international best practices and best corporate the Bank’s investment in subsidiaries, performs
governance practices. The BOD Charter covers and functional duties as a member of the BOC of
governs matters related to general provisions, roles non-bank subsidiaries controlled by the Bank,
and accountability, structure and membership, duties responsible for the supervision of pension funds
and responsibilities, committee formation, authority, or performs duties as a member of the supervisory
transparency, work ethics, Prohibitions on the BOD, board of a pension fund owned by the Bank, perform
Meetings and their Implementation, Term of Office, duties as an alternate director, hold positions in
Reporting and Organization of the Bank and Division of non-profit organisations or institutions, as long as
Duties, Regulation of Authority and Decision Procedures the concurrent position does not cause the person
of the BOD, Evaluation of the BOD Performance, concerned to neglect the implementation of duties
Working Relationship Patterns between the BOD and and responsibilities as a member of the Bank’s BOD.
the BOC, etc. 6. Members of the BOD individually or collectively are
prohibited from owning shares in other companies
amounting to 25% (twenty-five per cent) or more of
the paid-up capital of such other companies.
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7. Share ownership of members of the BOD individually e. Carried out by a party that does not have the
or jointly in connection with the receipt of bonus authority to make operational decisions of the
and/or tantiems in the form of shares resulting in Bank.
share ownership of 25% (twenty-five per cent) or 12. Members of the BOD are prohibited from directly
more shall be exempted from number 1. or indirectly making untrue statements regarding
8. Share ownership of the president director or director material facts or for not revealing material facts so
in charge of the compliance function originating that the statements will not mislead the state of Bank
from the granting of bonuses, tantiem, share at the time the statements are made.
ownership programmes for management, and/ 13. Members of the BOD shall be subject to the Bank’s
or share ownership programmes for employees in Code of Conduct, prevailing laws and regulations,
companies that are controlling shareholders and/ and Bank’s internal policies.
or ultimate controlling shareholders of the Bank, 14. Members of the BOD must avoid any form of conflict
shall not be taken into account in the assessment of interest in the implementation of the Bank’s
of independence from controlling shareholders, management duties. In the event of a conflict of
provided that: interest, members of the BOD must disclose the
a. The share ownership is a policy of the controlling conflict of interest in every decision that fulfils the
shareholder and/or the last controller of the Bank conditions of a conflict of interest and are prohibited
and is not an initiative of the managing director from taking actions that have the potential to harm
or the director in charge of the compliance the Bank or reduce the Bank’s profits.
function. 15. Members of the BOD ore prohibited from requesting,
b. The share ownership is not for trading. receiving, allowing, and/or agreeing to receive
c. The person concerned submits a statement that rewards, commissions, additional money, services,
he/she will always act independently while being money, valuables, and/or anything that has economic
the president director or director in charge of value or other benefits for personal, family, and other
the compliance function despite owning shares parties’ benefits, in the implementation of the Bank’s
of the controlling shareholder and/or the last business activities and other activities related to the
controller of the Bank. Bank.
9. The majority of the members of the BOD are 16. Members of the BOD must refuse and/or are
prohibited from having family ties to the second prohibited from accepting an order or request from
degree with a fellow member of the BOD and/or the the Bank’s shareholders, affiliated parties, and/or
members of the BOC and member of SSB. other parties to:
10. Members of the BOD ore prohibited from extending a. Perform actions related to the Bank’s business
a general power of attorney to other proxies which activities and/or other activities that are not in
will result in the transfer of the tasks and functions accordance with the implementation of Good
of the BOD. Governance at the Bank.
11. Members of the BOD are prohibited from engaging b. Commit criminal offences and/or matters that
individual advisors and/or professional consultants indicate criminal offences.
unless the following requirements are: c. Perform actions and matters that may harm,
a. For specialised projects such as information potentially harm, and/or reduce the Bank’s
technology projects or public relations profits.
development, which have criteria such as 17. Members of the BOD are prohibited from being
specific time targets. members of the audit committee, risk management
b. Based on a clear work contract, which at committee, remuneration and nomination committee.
least includes the scope of work, rights and 18. Former members of the BOD, Executive Officers, or
responsibilities, and the period of work and parties who have a relationship with the Bank that
costs. may affect their ability to act independently must
c. Carried out by Independent Parties who have undergo a waiting period of at least 6 (six) months
certain technical knowledge with adequate before becoming an Independent Party in the
expertise qualification standards to work on committee members of the Bank concerned. The
special projects as referred to in letter 1. waiting period does not apply to former members
d. Carried out by a party that does not hold a of the BOD in charge of supervisory functions
structural position at the Bank. or Executive Officers who perform supervisory
functions at the Bank concerned.
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BOARD OF DIRECTORS’ DISCLOSURE 5. The BOD shall follow up on audit or examination
1. The members of BOD shall prepare the statement findings and recommendations from the Bank’s
letter on the fulfillment of requirements of integrity Internal Audit Working Unit (IAU), external auditors,
and financial reputation and submit it to the Bank. OJK supervisory results, and/or supervisory results
2. Members of the BOD shall disclose: of authorities and other institutions.
a. Shares ownership of 5% or more in the Bank 6. The BOD must implement the Bank’s social
concerned, other Banks, and other companies, responsibility programs.
domiciled inside and outside of the country. 7. In order to implement the principles good Corporate
b. The financial and family relationships up to Governance, the BOD is required to form at least Internal
the second degree with members of the BOC, Audit Working Unit (IAU), Risk Management Working
members of the BOD, SSB, and/or the controlling Unit, and Compliance Working Unit and also form other
shareholders of the Bank. working units required in accordance with POJK.
c. Remuneration and other facilities in accordance 8. The BOD shall be responsible for maintaining a
with POJK regarding the implementation of healthy and open relationship with the BOC and
corporate governance in providing remuneration shall support the BOC in performing its roles as a
for commercial Banks and POJK regarding the supervisory body.
implementation of corporate governance in 9. The BOD shall be accountable for the implementation
providing remuneration for sharia commercial of its duties to shareholders through the GMS.
Banks and sharia business units. 10. The BOD is required to disclose to employees
d. Their positions in other companies. regarding the Bank’s internal strategic policies in the
3. In the event of releasing Bank shares owned by human resource area.
members of the Bank’s BOD originating from the 11. In managing data and information related to the
share ownership program for management must Bank, the BOD shall:
be carried out with due regard to Good Corporate 1. Have and provide accurate, relevant and timely
Governance in the Bank and considering the data and information to the BOC and SSB.
condition of the Bank. What is meant by considering 2. Carry out data and information management
the condition of the Bank, among others, is not to in accordance with the Good Corporate
release shares that will create or increase risks Governance of the Bank and the provisions of
to the Bank and/or are intended to release share laws and regulations.
ownership in order to avoid losses due to potential 12. The BOD shall ensure the implementation of
or occurrence of problems in the Bank. Integrated Corporate Governance in the Financial
Conglomeration as stipulated in the Integrated
DUTIES AND RESPONSIBILITIES OF THE BOARD Corporate Governance Policy.
OF DIRECTORS 13. To support the implementation of Integrated
Duties and Responsibilities of the BOD include: Corporate Governance in the Financial
1. The BOD is tasked with running and being Conglomeration, the BOD shall establish an
responsible for the management of the Bank for Integrated Internal Audit Unit, Integrated Risk
the benefit of the Bank in accordance with the Management Unit and Integrated Compliance Unit.
purposes and objectives of the Bank as stipulated 14. In order to ensure the implementation of Integrated
in the provision of laws and regulations, Articles of Corporate Governance, the BOD shall at least:
Association (AoA), and resolutions of the GMS. 1. Develop Integrated Corporate Governance
2. The BOD shall manage the Bank in accordance with Guidelines.
authorities and responsibilities as provided in the 2. Direct, monitor and evaluate the implementation
AoA of Bank and the prevailing laws and regulations. of the Integrated Governance Guidelines.
3. The BOD shall implement principles of Good 3. Follow up on the direction or advice of the Main
Corporate Governance in all Bank’s business Entity BOC in order to improve the Integrated
activities at all levels of the organization. Corporate Governance Guidelines.
4. The BOD shall be responsible for establishing short- 15. The Main Entity BOD is required to ensure that audit
and long-term strategic directions and priorities of findings and recommendations from the integrated
the Bank. internal audit work unit, external auditors, results
of FSA supervision and/or results of supervision
by other authorities have been followed up by FSIs
within the Financial Conglomeration.
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16. The implementation of the duties and responsibilities 2) The BOD must follow up on recommendations
of the Main Entity BOD is not counted as concurrent from the SSB supervision results.
positions. 22. In carrying out their duties and responsibilities for
17. The BOD is responsible for ensuring the the management of the Bank, the BOD must hold an
implementation of integrated risk management and annual GMS and other GMS as stipulated in Laws
compliance that is adapted to the latest developments and regulations and the articles of association.
in the Banking ecosystem and supported by 23. Each member of the BOD is jointly and severally
digitalisation and technological innovation. The liable for jointly and severally liable for the Bank’s
BOD shall ensure that the implementation of risk losses caused by the fault or negligence of an,
management covers country risk and transfer risk. member of the BOD in carrying out his/her duties.
18. If the Bank has a Sharia Business Unit (UUS), the 24. Members of the BOD exercise authority and
BOD is responsible for the development of the responsibility related to the implementation of
UUS, which is conducted in accordance with the Information Technology governance in accordance
FSA Regulation regarding the implementation with the POJK for the Implementation of Information
of corporate governance for commercial Banks, Technology by Commercial Banks.
the provisions of laws and regulations regarding
the implementation of sharia governance and in AUTHORITY OF THE BOARD OF DIRECTORS
accordance with applicable laws and regulations. 1. The BOD shall represent Bank inside and outside
19. The BOD shall at least: the court of law with regards to all matters and in
a. Develop policies and procedures to identify all events and bind Bank with other parties with
and manage non-performing assets, asset limitations and requirements as stated in the Bank’s
classification, calculations related to allowances AoA.
and reserves, and asset write-offs; 2. The BOD is authorized to perform any other
b. Conduct periodic reviews of asset classification authorities granted by the Bank’s AoA and the
and provisioning for non-performing loans prevailing laws and regulations.
and/or financing, and identify and manage 3. 2 (two) members of the BOD act jointly for and on
nonperforming assets adequately. including behalf of the BOD and as such present the Bank.
provisioning in line with the risks incurred; 4. A member of the BOD does not have the authority to
c. Periodically review the provision established to represent the Bank if:
be in line with current conditions, a. There is a litigation case between Bank and such
in accordance with the standards and provisions of member of the BOD.
laws and regulations. b. Has interests which conflicts with the interests of
20. The BOD in charge of the functions of sharia the Bank.
compliance, sharia risk management, sharia internal If circumstances as mentioned above occured, the
audit is responsible for the effectiveness of the Bank shall be represented by:
implementation of these functions in fulfilling Sharia a. Member of the BOD who do not have conflict of
Principles in coordination with SSB in carrying out interests with the Bank.
their duties. b. The BOC, if all members of the BOD have conflict
21. In relation to the application of sharia principles of interests with the Bank.
then: c. Other parties appointed by the GMS, if all
1) The BOD must support the implementation of the members of the BOD dan the BOC have conflict
duties of the SSB, at least: of interests with the Bank.
a. Provide accurate, relevant, and timely data 5. The BOD is authorised to represent the Bank
and information to the SSB in order to perform in accordance with the provisions of laws and
the duties of the SSB; regulations, articles of association, and resolutions
b. Ensure the availability and adequacy of of the GMS.
internal reporting supported by an adequate
management information system to support
the process of performing the duties of the
SSB;
c. Providing adequate facilities and
infrastructure to support the process of
performing SSB duties.
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POLICY FOR BOARD OF DIRECTORS BOARD OF DIRECTORS NOMINATION POLICY
COMPOSITION DIVERSITY [IDX G-06]
The Bank has a diversity policy that offers reference The Nomination Policy is prepared as a basis for carrying
in the nomination process for prospective members out the process of identifying candidates for members
of the BOC. The Bank appreciates and respects of the BOD with the best qualifications who meet the
every difference in viewpoint, knowledge, ability and minimum criteria as stipulated in statutory regulations
experience of each individual without prejudice against and other criteria.
race, ethnicity, gender and religion.
The process of identifying candidates for the BOD is
In the nomination process, the Bank also attends to other conducted by Nomination and Remuneration Committee,
minimum requirements and criteria than the scope and if necessary the Nomination and Remuneration
balance of knowledge, expertise and experience as well Committee may utilize the the services of a third party
as the need for diversity in order to obtain the optimal (search firm). The Nomination and Remuneration
composition of the BOD. An optimal composition of Committee identifies candidates who meet the criteria,
the BOD can optimize decision making and ultimately interviews and selects candidates (including verifying
improve the Company’s performance. their background and reference).
BOARD OF DIRECTORS’ SUCCESSION POLICY The Nomination and Remuneration Committee
The Bank has a succession policy for members of the will consider knowledge, professional skills and
BOD to secure leadership succession in the future. The experience, as well as compositional diversity without
succession is carried out through the identification prejudice against race, ethnicity, gender and religion
of potential executive officials through the Talent in identifying candidates. The Nomination and
Review Program. Each member of the BOD has to Remuneration Committee proposes the selected
submit a minimum of 2 (two) replacement candidates candidates to the BOC for approval and ratification at
whose competency and skill gaps will be evaluated the General Meeting of Shareholders. The Nomination
and identified. These replacement candidates will be and Remuneration Committee will also evaluate all
grouped in the talent inventory to be recommended to members of the BOD who will be reappointed at the
the Nomination and Remuneration Committee. General Meeting of Shareholders.
NUMBER, COMPOSITION, AND CRITERIA OF BOARD OF DIRECTORS
The composition of the Bank’s BOD is as follows:
No Name Position
1 Daisuke Ejima President Director
2 Honggo Widjojo Kangmasto Vice President Director
3 Hafid Hadeli Vice President Director
4 Herry Hykmanto Director
5 Rita Mirasari Director
6 Dadi Budiana Director
7 Muljono Tjandra Director
8 Thomas Sudarma Director
9 Jin Yoshida Director
All members of the Board of Directors have passed the fit and proper test from the FSA.
The Bank’s BOD has 9 (nine) members or more than the mandatory 3 (three). The BOD has more members than the
BOC which has only 6 (six). The majority of members of the BOD are Indonesian citizens who domicile in Indonesia.
The BOD is led by the President Director who comes from professional circles, has adequate integrity and competence.
The President Director is an independent party who has no management, ownership and/or financial relationships or
family relationships with the controlling shareholder.
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All members of the Board of Directors have met the criteria for integrity, competence and financial reputation,
including that they have good character and morals, have never been declared bankrupt or sentenced for committing
a criminal act, and have the knowledge, expertise and experience of running operations as bank executive officers.
Effective date
Frequency of
Name Position GMS Date (Central Bank/AFS Term of Office Domicile
Appointment
Approval)
Daisuke Ejima President Director March 31, 2023 April 1, 2023 2023 – 2026 1x Indonesia
Honggo Widjaja Vice President Director October 1,2019 December 5, 2019 2019 - 2020 3x Indonesia
Kangmasto
March 23, 2020 2020 - 2023
March 31, 2023 2023 - 2026
Hafid Hadeli Vice President Director March 25, 2022 July 8, 2022 2022 - 2023 2x Indonesia
March 31, 2023 2023 – 2026
Herry Hykmanto Director April 3, 2008 May 13, 2008 2008 - 2011 6x Indonesia
2011 - 2014
2014 - 2017
2017 - 2020
March 26, 2019* April 25, 2019 ** 2019 - 2020
March 23, 2020 2020 - 2023
March 31, 2023 2023 - 2026
Rita Mirasari Director September 7, 2016 September 14, 2016 2016 - 2017 4x Indonesia
2017 - 2020
March 26, 2019* April 25, 2019 2019 - 2020
March 23, 2020 2020 - 2023
March 31, 2023 2023 - 2026
Dadi Budiana Director March 20, 2018 October 17, 2018 2018 - 2020 3x Indonesia
March 26, 2019* 25 April 2019 ** 2019 - 2020
March 23, 2020 2020 - 2023
March 31, 2023 2023 - 2026
Muljono Tjandra Director October 1, 2019 December 5, 2019 2019 - 2020 3x Indonesia
March 23, 2020 2020 - 2023
March 31, 2023 2023 – 2026
Thomas Sudarma Director March 25, 2022 July 8, 2022 2022 - 2023 2x Indonesia
March 31, 2023 2023 - 2026
Jin Yoshida Director March 22, 2024 July 11, 2024 2024 - 2026 1x Indonesia
Information:
* EGMS decision on March 26, 2019 approved changes to the composition of the BOD due to the merger process between Danamon and PT Bank Nusantara Parahyangan
Tbk (“BNP”).
** Based on OJK letter No. S-122/PB.12/2019 dated April 25, 2019 concerning Submission of the Decision of the Board of Commissioners of the Financial Services Authority
regarding the Merger of PT Bank Nusantara Parahyangan Tbk into PT Bank Danamon Indonesia Tbk and the Fit and Proper Test Results of the Management of PT Bank
Danamon Indonesia Tbk ( as a result of the merger), all members of the BOD have passed the fit and proper test from the AFS.
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SCOPE OF WORK AND RESPONSIBILITIES OF EACH DIRECTOR
Each member of the BOD has an area of duties and authority as regulated under the Bank’s Articles of Association
and Directors’ Decisions.
In 2024, based on the Organizational Structure the scope of duties and responsibilities of each Member of the BOD
was as follows:
Name Duties and Responsibilities
Daisuke Ejima Direct all Directors and run the management of and exercise oversight over the Internal Audit, Treasury Capital
President Director Market, Corporate Strategy and Human Resources work units, as well as oversight over PT Adira Dinamika Multi
Finance, Tbk.
Honggo Widjojo Kangmasto Wholesale Banking Group (Enterprise Banking & Financial Institution, and Small and Medium Enterprises),
Vice President Director Banking Transactions, Treasury Sales, Information Technology, Operations
Hafid Hadeli Consumer Banking Group, Branch Network, and oversight over PT Adira Dinamika Multi Finance, Tbk.
Vice President Director
Herry Hykmanto Sharia Banking, SME Credit, Sustainable Finance, and CREM
Director
Rita Mirasari Compliance, Financial Crime Compliance, Corporate Secretary, Legal and Litigation
Director
Dadi Budiana Risk management
Director
Muljono Tjandra Finance
Director
Thomas Sudarma Enterprise Banking & Financial Institution
Director
Jin Yoshida Global Alliance Strategy
Director
INDEPENDENCY OF MEMBERS OF THE BOARD OF DIRECTORS
All members of the BOD do not have financial and family relationships up to the second degree with members of
the BOC, other members of the BOD, SSB and/or controlling shareholders of the bank as outlined in a statement
letter and signed by members of the BOD and updated annually. Members of the BOD have met the independence
requirements in accordance with the provisions of good corporate governance implementation accommodated in the
Board of Directors Charter.
FAMILY AND FINANCIAL RELATIONS OF MEMBERS OF THE BOARD OF DIRECTORS
Family Relation with Financial Relation with
Member of Controlling Member of Controlling
Name Position BOC
Member of BOD SSB
Shareholders BOC
Member of BOD SSB
Shareholders
Yes No Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Daisuke Ejima President - √ - √ - √ - √ - √ - √ - √ - √
Director
Honggo Widjojo Vice - √ - √ - √ - √ - √ - √ - √ - √
Kangmasto President
Director
Hafid Hadeli Vice - √ - √ - √ - √ - √ - √ - √ - √
President
Director
Herry Hykmanto Director - √ - √ - √ - √ - √ - √ - √ - √
Rita Mirasari Director - √ - √ - √ - √ - √ - √ - √ - √
Dadi Budiana Director - √ - √ - √ - √ - √ - √ - √ - √
Muljono Tjandra Director - √ - √ - √ - √ - √ - √ - √ - √
Thomas Sudarma Director - √ - √ - √ - √ - √ - √ - √ - √
Jin Yoshida Director - √ - √ - √ - √ - √ - √ - √ - √
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CONCURRENT POSITION OF MEMBER OF THE BOARD OF DIRECTORS
The BOD discloses their positions or other positions as outlined in a statement letter and signed and annually updated
by the members. Excluding concurrent positions for members of the BOD who have supervisory responsibility for
the Bank’s investment in subsidiaries, perform functional duties as BOC in non-bank subsidiaries controlled by the
Bank. All members of the Bank’s BOD do not hold any prohibited concurrent positions in accordance with POJK on
the Implementation of Governance for Commercial Banks.
Name Position in Bank Position in Subsidiary
Daisuke Ejima President Director President Commissioner of PT Adira Dinamika Multi Finance, Tbk.
Honggo Widjojo Kangmasto Vice President Director -
Hafid Hadeli Vice President Director Commissioner of PT Adira Dinamika Multi Finance, Tbk.
Herry Hykmanto Director -
Rita Mirasari Director -
Dadi Budiana Director -
Muljono Tjandra Director -
Thomas Sudarma Director -
Jin Yoshida Director -
SHARES OWNERSHIP OF BOARD OF DIRECTORS MEMBERS
As of December 31, 2024, the direct and indirect share ownership of each member of the BOD in the Bank, Other
Banks, Non-Bank Financial Institutions and other Companies are given below:
Ownership Share in
Name Position Non-Bank Financial
Bank Other bank Other Company
Institution
Daisuke Ejima President Director - - - -
Honggo Widjojo Vice President 1,188,000 shares - - -
Kangmasto Director
Hafid Hadeli Vice President 534,200 shares 300,000 shares on - 10,000,000 shares on
Director BBRI GOTO
Herry Hykmanto Director 680,256 shares - - -
Rita Mirasari Director 343,600 shares - - -
Dadi Budiana Director 749,700 shares - - -
Muljono Tjandra Director 503,000 shares - - -
Thomas Sudarma Director 406,100 shares - - -
Jin Yoshida Director - - - -
REMUNERATION OF BOARD OF DIRECTORS
Indicators for Determining Directors’ Remuneration
The determination of Directors’ remuneration is recommended by the Nomination and Remuneration Committee with
due reference to Bank’s remuneration principles and target achievement results (goal setting), applicable regulations,
industry comparison, and Bank performance. The Committee’s recommendations are submitted to the Board of
Commissioners for approval from the GMS.
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Procedures for Determining Director’s Remuneration
The process of determining Director’s remuneration can be described as follows:
Nomination and Remuneration Committee
The Nomination and Remuneration Committee collects information on remuneration standards for similar
positions and industries in the market (industry comparison) with due consideration of the Bank’s performance.
The Committee makes recommendations to the BOC.
Board of Commissioners
The BOC reviews the recommendations from the Nomination and Remuneration Committee and proposes the
remuneration of the BOD to the GMS.
General Meeting of Shareholders
The GMS determines the remuneration for members of the BOD.
Remuneration for Members of the Board of Directors
The distribution of remuneration to members of the BOD depends on the results of the GMS decisions.
Remuneration Structure of The Board of Directors
Remuneration packages for members of the BOD are paid periodically and the grouping of remuneration levels
and the number of members of the BOD who receive remuneration packages in 1 (one) year is disclosed in the
Remuneration Policy section of this report.
BOARD OF DIRECTORS MEETING
Directors’ Meeting Policies
1. The BOD shall convene BOD meetings periodically at least 1 (once) a month or at any time if deemed necessary.
Meetings are convened if attended by a majority of the members of the BOD.
2. The BOD must hold a BOD meeting with the BOC and SSB (either jointly or separately) on a regular basis at least
1 (one) time in 4 (four) months. Meetings are held if attended by the majority of members of the BOD, BOC and
SSB members.
3. The BOD shall schedule meetings of the BOD and joint meetings of the BOD with BOC for the next year before
end of the fiscal year.
4. Each policy and strategic decision shall be decided by a meeting of the BOD with due regards to supervision in
accordance with duties and responsibilities of the BOC and shall consider Bank’s AoA provisions and prevailing
laws and regulations.
5. For scheduled meetings referred to above, meeting materials are to be delivered to participants before the
meetings are held.
6. President Director chairs the BOD meeting. In the event that the President Director position is vacant, or the
President Director is unable to attend the BOD meeting, the Vice President Director chairs the BOD meeting. In
the event that the Vice President Director position is vacant, or the Vice President Director is unable to attend the
BOD meeting, one member of the BOD elected by and from the members of the BOD in attendance, will chair the
meeting.
7. A member of the BOD can be represented at a BOD meeting only by other member of the BOD based on power
of attorney.
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8. BOD Meeting is lawful and entitled to take legal and binding decision if more than ½ (one-second) of the BOD
members attended or represented in the Meeting.
9. Decision-making of the BOD through the BOD meeting is based on deliberation to reach a consensus. In the event
that deliberation for consensus does not occur, the decision is made based on a majority vote.
10. Each member of the BOD in attendance is entitled to cast 1 (one) vote and an additional 1 (one) vote for each other
BOD members he/she represents.
11. Any member of the BOD in any manner whatsoever, either directly or indirectly, having personal interests in a
transaction, contract or proposed contract to which Bank is a party shall state the nature of such interest in the
BOD meeting and shall not be entitled to participate in voting regarding the matters related to the aforementioned
transaction, contract or proposed contract, unless determined otherwise by the BOD.
12. BOD meeting can be held with a physical presence or by using teleconference, video conference technology or
through other electronic media.
13. Results of the BOD meetings shall be set out in minutes of the meetings and submitted to all members of the BOO
and the Corporate Secretary and documented in accordance with the provisions of laws and regulations.
14. Results of the joint BOD with BOC meetings shall be set out in the minutes of meetings and submitted to all
members of the BOD, the BOC, and the Corporate Secretary.
15. Dissenting opinions that occur in the BOD meetings shall be clearly stated in the minutes of meeting and the
reasons for such difference in opinions stated.
16. The BOD may also make valid and binding decisions without holding a BOD meeting, provided that all members
of the BOD have agreed in writing by signing the decision letter containing the relevant proposal. Decisions made
in such manner shall have similar legal basis as valid to decision made in the BOD meeting.
17. Any member of the BOD in any manner whatsoever, either directly or indirectly, having personal interest or
conflict in a transaction, contract or proposed contract to which the Bank is a party shall state the nature of such
interest in the BOD meeting and shall not be entitled to participate in voting regarding the matters related to the
aforementioned transaction, contract or proposed contract, unless determined otherwise by the BOD meeting.
18. Decisions of the BOD made in accordance with the guidelines and work rules are binding and the responsibility of
all members of the BOD.
FREQUENCY OF BOARD OF DIRECTORS MEETINGS
During 2024, the BOD held 35 (thirty-five) BOD Meetings, 4 (four) joint meetings with the BOC, and 3 (three) with
SSB. All results of meeting decisions have been documented in the minutes of the meeting. All the decisions were
made by consensus and there were no dissenting opinions.
BOARD OF DIRECTORS MEETING AGENDA
No Meeting Date Meeting Agenda
1 January 8, 2024 • Review and approval of minutes of meeting
• Strategy and Balanced Scorecard 2024
• Strategy Evaluation and 2024 Plan
• Hybrid Working Arrangements
2 January 22, 2024 • Review and approval of minutes of meeting
• Financial Performance December 2023
• CoC and NPL December 2023
• Preparation for the 2024 Annual General Meeting of Shareholders
• Internal Audit Update
3 January 29, 2024 • Review and approval of minutes of meeting
• Audit Closing 2023
4 February 5, 2024 • Review and approval of minutes of meeting
• Indonesia International Motor Show (IIMS) 2024
5 February 13, 2024 Evaluation and Appointment of Auditor for the Fiscal Year 2024
6 February 26, 2024 • Review and Approval of minutes of meetings
• Financial Performance in January 2024
• CoC and NPL in January 2024
• Dividend Payment and Capital Management
• Amendment of the Articles of Association
• Festival Agile
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No Meeting Date Meeting Agenda
7 March 20, 2024 • Review and Approval of minutes of meeting
• Financial Performance in February 2024
• CoC and NPL in February 2024
• Rolling Forecast Q1 – 2024
• Peer Bank Analysis 2024
• 2024 Activities and Marketing Framework
8 April 1, 2024 • Review and Approval of minutes of meeting
• Input from CEO’s Visit to Yogyakarta Branch
• Process Improvement Across BPR Bank
9 April 17, 2024 Branch Cases - Misuse of Customer Savings Accounts
10 April 22, 2024 • Review and Approval of minutes of meeting
• Financial Performance in March 2024 and Granular Funding
• CoC and NPL in March 2024
• Project Falcon – Cost Efficiency Strategy
• Marketing Updates
• MUFG 3-Year Plan
• Meeting with MUFG Executives
11 April 26, 2024 Branch Cases - Misuse of Customer Savings Accounts
12 April 29, 2024 Branch Cases - Misuse of Customer Savings Accounts
13 May 7, 2024 Closing Meeting – Audit JGAAP
14 May 8, 2024 • Review and Approval of minutes of meeting
• Revision of the 2024 Business Plan and Mid-Year Guidelines
• HC Updates – Employees and Organization
• Danamon Logo Update
15 May 20, 2024 • Review and Approval of minutes of meeting
• Financial Performance in April 2024
• CoC and NPL in April 2024
• Key Investments
• 2022 Tax Audit Report
• 2022 Tax Audit Recommendations
• Internal Audit Update
• Mid-Year Review – Board of Directors and Board of Commissioners Meeting July 2024
• Hybrid Work Arrangement
16 June 4, 2024 • Review and Approval of minutes of meetings
• Blockchain Knowledge Sharing
• Revision of the 2024 Business Plan
• Updates on Central Clearing Counterparty (CCP) Developments
• USD Deposit Initiatives
17 June 10, 2024 SOX 2023 and Fraud Case
18 June 24, 2024 • Review and Approval of minutes of meeting
• Financial Performance in May 2024
• Peer Bank Analysis Q1- 2024
• CoC and NPL in May 2024
• Status of 2017 Tax Appeal
• Status of 2019 Tax Audit
• Recommendations for 2017 Tax Appeal and 2019 Tax Audit
• Updates on Internal Audit and Fraud
• Digital Maturity Assessment Report
19 July 8, 2024 • Review and Approval of minutes of meeting
• Marketing Communication – Second Logo, Brand Guidelines, and Grow with Danamon Group
• Branch Transformation – Integrating SSO and Teller Functions
20 July 22, 2024 • Review and Approval of minutes of meetings
• Financial Performance in July 2024
• CoC and NPL in June 2024
• Mid Year Forecast 2024
• Card Launch and Communications Danamon Lebih Pro
• Internal Audit update
• GESIT update
• Investor Relation update
21 August 5, 2024 • Review and Approval of minutes of meetings
• Project updates
• BPR 2024 Report
22 August 14, 2024 3-Year Plan (2025 – 2027) – Guidelines and Schedule
23 August 21, 2024 • Review and Approval of minutes of meeting
• Garuda Fund Update
• Investasi Utama Update
• Financial Performance in July 2024
• CoC and NPL July 2024
• Internal Audit Update
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No Meeting Date Meeting Agenda
24 September 2, 2024 • Review and Approval of minutes of meeting
• Peer Banks Analysis Q2 – 2024
• Project Updates
• Follow-Up from the Mid-Year Meeting of the Board of Directors and Board of Commissioners in July 2024
25 September 9, 2024 Audit Planning 2024
26 September 23, 2024 • Review and Approval of minutes of meeting
• Financial Performance in August 2024
• CoC and NPL in August 2024
• Update and Status of RPIM
• Impact of Core Banking Migration Project on the Information Technology Project Portfolio at the Bank
• Indonesia Payment System Blueprint 2025 - 2030
27 October 14, 2024 • Review and Approval of minutes of meeting
• Latest SBDK Regulations
• 2017 Tax – Judicial Review
• Project Updates
• HC Updates – Housekeeping Agenda
• Danamon Investment Matching Fair
28 October 21, 2024 • Review and Approval of minutes of meeting
• Financial Performance in September 2024
• CoC and NPL in September 2024
• Monitoring Bancassurance
• Forum Manager Reserve 2025
• Branch Network Performance – Analysis and Data Governance
29 October 24, 2024 3-Year Plan (2025 – 2027) – First Cut
30 November 4, 2024 • Review and Approval of minutes of meeting
• 3-Year Plan (2025 – 2027)
• Internal Audit Updates
• Cosmetic Business Exhibition
• FYC Funding Strategy
• Meeting with MUFG Executives
31 November 15, 2024 • Review and Approval of Minutes of Meeting
• Financial Performance in October 2024
• Financial Plan 2025 – 2026
• Update on CoC and NPL in October 2024
• Establishment of HC Forum
• Sanction Policy
32 December 2, 2024 • Review and Approval of minutes of meeting
• Peer Bank Analysis 3Q-2024
• Refreshment of Project Policy
• Key Investments – Housekeeping Agenda
• Project Falcon
• New OJK Regulations – Integrity of Bank Financial Reporting
• Investment in Zurich Asuransi Indonesia
• Review and Follow-Up on the November 2024 BOC Meeting
33 December 4, 2024 Financial Plans for 2025 and 2026
34 December 10, 2024 2024 Interim Audit Results and Hard Close
35 December 16, 2024 • Review and Approval of minutes of meeting
• Tax Update
• CSO Update
• Laku Pandai Sunset
• Japan Thematic Fund (JTF)
AGENDA OF BOARD OF DIRECTORS MEETING INVITING BOARD OF COMMISSIONERS
No Meeting Date Meeting Agenda
1 January 10, 2024 3-Year Plan (2024 – 2026) for Treasury and Capital Markets
2 March 22, 2024 • Review and Approval of minutes of meeting
• Update Business
3 June 24, 2024 Revision of the 2024-2026 Business Plan
4 November 21 & 22, 2024 • Review and Approval of minutes of meeting
• Bank Strategy Direction
• Bank Financial Plan
• Update on Consumer Business, Adira Finance, Global Collaboration Office (GCO), Enterprise Banking and
Financial Institution (EBFI), Small Medium Enterprise (SME), Treasury Capital Market, Human Capital,
Information Technology
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AGENDA OF BOARD OF DIRECTORS MEETING WITH SHARIA SUPERVISORY BOARD
No Meeting Date Meeting Agenda
1 June 24, 2024 • DPS Evaluation Worksheet
• Brief Explanation of Muhammadiyah
2 September 30, 2024 • Review and Approval of Previous minutes of meeting
• DPS Evaluation Worksheet – 2Q 2024
• Ijtima’ Ulama, Government Regulations, and New Fatwas from DSN-MUI
• Updates on BPKH and Muhammadiyah
3 December 16, 2024 • Review and Approval of Previous minutes of meetings
• DPS Evaluation Worksheet – 3Q 2024
• New OJK Guidelines on Sharia Products
• Bank Strategy Updates
ATTENDANCE RATE AT MEETINGS [IDX G-02]
The attendance of members of the BOD at meetings held during 2024 is as follows:
Attendance at Joint Meetings
Attendance at Joint Meetings
Attendance at Board of of the Board of Directors
of the Board of Directors with
Name Directors Meetings (Total 35 Meetings and the Board
Sharia Supervisory Board
Meetings) of Commissioners (Total 4
(Total 3 Meetings)
Meetings)
Daisuke Ejima 35/35 4/4 3/3
Honggo Widjojo Kangmasto 32/35 4/4 2/3
Hafid Hadeli 30/35 4/4 3/3
Herry Hykmanto 31/35 3/4 3/3
Rita Mirasari 34/35 3/4 2/3
Dadi Budiana 31/35 4/4 2/3
Muljono Tjandra 34/35 4/4 2/3
Naoki Mizoguchi* 7/7 2/2 -
Thomas Sudarma 31/35 3/4 2/3
Jin Yoshida** 23/28 2/2 3/3
* Termination of term of office as Director effective April 1, 2024
**Appointed as Director at the AGMS on March 22, 2024 and effectively served as Director on July 11, 2024
SCHEDULE OF BOARD OF DIRECTORS MEETING PLAN IN 2025
At the end of 2024, the BOC has compiled a schedule of meetings to be held in 2025 as many as 24 (twenty-four)
meetings of the BOD, and 3 (three) meetings of the BOD inviting the BOC and 3 (three) meetings of the BOD with the
SBB.
ATTENDANCE OF MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL GMS
The accountability of the BOD for the implementation of their duties and responsibilities was conveyed to shareholders
through the 2024 Annual GMS. The majority members of the BOD were present at the Annual GMS held on March
22, 2024.
IMPLEMENTATION OF DUTIES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS IN 2024
The BOD ran a directed and well-planned business to meet its assigned obligations to the stakeholders. The BOD
carried out its duties and responsibilities, including:
1. Made consistent follow ups on the implementation of the Bank’s long-term strategy which had been formulated
in 2024.
2. Pushed the growth of the Bank’s core business lines which include Small & Medium Enterprises, Enterprise
Banking and Consumer Banking with the prudential principle.
3. Increased collaboration with MUFG in increasing credit, funding, process efficiency and increasing human
resource capabilities.
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4. Increased investment in digital technology solutions Opinion of the Board of Commissioners on the
to provide improved customer service excellence Performance of the Board of Directors
and developed automated operational processes to The implementation of the Bank’s strategy successfully
make it more efficient and effective. drove healthy financial growth. In 2024, the Bank
managed to maintain sustainable profitability with net
BOARD OF DIRECTORS PERFORMANCE income after tax reaching Rp3.2 trillion. Total loans
ASSESSMENT [IDX G-04] disbursed by the Bank and its subsidiaries reached
Rp189.4 trillion, supported by all business lines and
Performance Assessment Process strong collaboration with MUFG.
The performance of the BOD is assessed based on
the results of the collegial work of all of its members In terms of asset quality, the Bank continues to ensure
towards the achievement of the Bank’s work plans. In risk management that adheres to the prudential principle,
addition, the performance assessment of the BOD also and is always guided by the risk appetite statement. As
considers the duties and responsibilities of the BOD in a result, the Bank managed to improve its asset quality
accordance with laws and regulations and the Bank’s despite the challenging economic conditions. The NPL
AoA. ratio stood at 1.9%, an improvement of 30 basis points
(bps) from the previous year’s 2.2%. In addition, the
Performance Assessment Criteria Bank also made proactive provisioning to strengthen its
The criteria for assessing the performance of the BOD balance sheet. Due to this, the Bank managed to improve
are based on overall achievements covering Financial, its NPL coverage ratio to a record high of 287.2%.
Franchise Building, Risk and Control, Human Capital
and Danamon Core Values aspects, as follows: The Bank’s capitalization level was well improved with
1. Financial performance the Capital Adequacy Ratio (CAR) standing at 26.2%,
2. Bank health level well above the minimum level prescribed by the
3. Capital Regulator. This gives the Bank the ability to grow and
4. Risk profile also the strength to weather the potential impact of
5. Compliance with regulations uncertainty in economic conditions.
6. Significance of audit results
7. Long-term goals and strategies For the good achievements in 2024, as well as the
8. Implementation of corporate governance principles dedication that continues to be shown, the BOC
expresses its highest appreciation to the entire BOD.
Implementation of Assessment
The performance of the BOD is assessed by the BOC ORIENTATION PROGRAM FOR NEW BOARD OF
where the results are taken into account to improve DIRECTORS
its effectiveness. The assessment is further delivered The Bank has an orientation program for the new
at the AGMS in the form of accountability for the members of its Board of Directors through On-Boarding
implementation of duties and responsibilities. Pack and short meeting sessions with relevant units
that give the new members more insights into the
Performance Assessment of Members of the Board organization, duties and responsibilities, and existing
of Directors processes. In 2024, the orientation program for the new
All members of the BOD have performance targets BOD member, Jin Yoshida, was conducted on April 1,
outlined in the balanced scorecard depending on 2024.
their respective duties and responsibilities including
compliance management, risk control and human BOARD OF DIRECTORS TRAINING PROGRAM [POJK
resources. The performance of members of the Board E.2] [IDX G-05]
of Directors is assessed every 6 (six) months by the The Bank gives the members of its BOD the opportunity
President Director. to participate in various training, certification,
workshops and conferences to continually develop
their competence, professionalism and insights. During
2024, members of the BOD attended the following
trainings, certifications, workshops and conferences:
354 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Location
Name Training/Conference/Workshop Organizer Date
(Online/Offline)
Daisuke Ejima APU, PPT & PPPSPM Bank Danamon Online January 5, 2024
SEPAKAD (Danamon Information Security Bank Danamon Online January 25, 2024
Learning Series) – Series 1
Danamon Executive Media Training Bank Danamon Offline March 5, 2024
Risk Management Certification Level 7 LSPP Online March 19, 2024
MUFG Overseas Management Compliance MUFG Bank HO, Offline April 4, 2024
Workshop Tokyo
Treasury Certification Training ACI Offline August 1 – 2, 2024
Global Subsidiary Banking Workshop MUFG Offline September 11, 2024
APPI International Seminar: Financing APPI Offline December 13, 2024
Challenges in The Amidst of Economic
Slowdown
Honggo Widjojo APU, PPT & PPPSPM Bank Danamon Online January 19, 2024
Kangmasto
SEPAKAD (Danamon Information Security Bank Danamon Online January 23, 2024
Learning Series) – Series 1
Media Training Bank Danamon Offline March 7, 2024
MUFG Overseas Management Compliance MUFG Bank HO, Offline April 4, 2024
Workshop Tokyo
Risk Management Alignment Seminar Level 7 BARA (Bankers Offline 3 – 4 July 2024
Association for
Risk Management)
Townhall ITBP – Project Management Bank Danamon Offline August 1, 2024
Alignment to Corporate Vision and Mission
MUFG Net Zero World 2024 MUFG Offline September 4, 2024
Global Subsidiary Banking Workshop MUFG Offline September 11, 2024
Cyber Risk Tabletop Exercise Bank Danamon Offline October 22, 2024
Automotive Industry Outlook (Expert Talk) Bank Danamon Offline November 6, 2024
APU, PPT dan PPPSPM 2024 Bank Danamon Online December 5, 2024
Danamon Compliance 2024 Bank Danamon Online December 9, 2024
Hafid Hadeli E-Learning SKAI Bank Danamon Online January 8, 2024
Manager Forum Meeting Bank Danamon Offline February 2-3, 2024
Sharing Session from Oliver Wymann Re. Oliver Wymann Offline February 16, 2024
Banking as a Services
MUFG GCB Business Group Management MUFG Online February 19, 2024
Meeting
IIMA Symposium "Adjusting to Structural IIMA Online March 5, 2024
Shifts - Where is Global Economy Heading?"
Media Training Bank Danamon Online March 7, 2024
SMR Recertification Briefing - Level 7 Efektif Pro Offline March 8, 2024
SMR Recertification Exam for BOD Level 7 LSPP Offline March 21, 2024
Level 7 Risk Management Alignment Seminar BARA (Bankers Offline May 7-8, 2024
Association for
Risk Management)
Follow-up on Analytics Discussion & Oliver Wymann & Offline May 13, 2024
Guidance Danamon
D-Champs & DIR 2024 Kick-Off Event Bank Danamon Offline May 14, 2024
Invitation
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Location
Name Training/Conference/Workshop Organizer Date
(Online/Offline)
Anti Fraud Awareness dan Pakta Integritas Bank Danamon Online June 5, 2024
Anti Fraud 2024
CX's Sharing Session with Adri Nation Insight Offline June 20, 2024
Reksodipoetro, Managing Director of Nation
Insights
Manulife Investor Day 2024 Manulife Offline June 27, 2024
Anaplan Exchange Anaplan Offline July 11, 2024
Design Thinking for Higher Management Somia Customer Offline July 15-16, 2024
Experience
BN03 Mid Year Workshop Bank Danamon Offline July 23, 2024
Danamon Compliance 2024 Bank Danamon Online July 29, 2024
BN01 Mid Year Workshop Bank Danamon Offline August 2, 2024
Danamon Group Leadership Summit 1H 2024 Bank Danamon Offline August 3, 2024
BN02 Mid Year Workshop Bank Danamon Offline August 7, 2024
Adira Yinyang - Best Contribution Dealer Adira Offline August 9-10, 2024
Gathering 2023
Sharing session by Bain on growing CASA Bank Danamon & Offline August 12, 2024
Bain
BN04 Mid Year Workshop Bank Danamon Offline August 14, 2024
BN11 Mid Year Workshop Bank Danamon Offline August 20, 2024
BN12 Mid Year Worskhop Bank Danamon Offline August 21, 2024
DXPO Makasar Bank Danamon Offline August 22, 2024
APU, PPT, dan PPPSPM 2024 Bank Danamon Online August 25, 2024
Sales Leadership Conference Bank Danamon & Offline September 6-7, 2024
Manulife
APPI - Seminar Nasional : Economic Outlook APPI Offline October 1, 2024
2025
9th MGPC, MUFG Global Partnership MUFG Online October 9, 2024
Conference
E-Learning ORM & QA 2024 Bank Danamon Online October 16, 2024
Expert Talk with Mr. Yohannes Nangoi Bank Danamon & Online November 6, 2024
MUFG
Danamon Leadership Academy 3 for Senior Bank Danamon Offline November 8, 2024
Leaders
I-STAR Bootcamp Jakarta - BN01 Bank Danamon Offline December 7, 2024
Herry Hykmanto Anti Fraud Awareness dan Pakta Integritas Bank Danamon Online February 5, 2024
Anti Fraud 2022
e-Learning Customer Centric Bank Danamon Online February 5, 2024
CREM Workshop 2024 Bank Danamon Offline February 22, 2024
OJK "Indonesian Banking Road to Net Zero OJK Offline March 4, 2024
Emission"
Training Trade Finance - SME Credit Bank Danamon Offline May 13, 2024
ICC Banking Commission ICC Indonesia Offline May 16, 2024
Narasumber Seminar Green Logistics Asosiasi Logistik Offline June 6, 2024
Indonesia (ALI)
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Location
Name Training/Conference/Workshop Organizer Date
(Online/Offline)
Risk Management Alignment Seminar Level 7 BARA (Perbanas) Offline July 3-4, 2024
Narasumber FGD "Tantangan dan Potensi OJK Offline July 12, 2024
Pemberdayaan UMKM dalam Mendukung
Terwujudnya Visi Indonesia Emas 2045"
Danamon Executive Media Training 2024 Bank Danamon Offline August 12, 2024
MUFG Net Zero World (N0W) Event MUFG Offline September 4, 2024
Narasumber IBI Goes to Campus - Ikatan Bankir Offline September 10, 2024
Sustainable Finance Indonesia (IBI)
& Universitas
Padjajaran
(UNPAD)
Global Subsidiary Banking Workshop Bank Danamon & Offline September 11, 2024
MUFG
Workshop Pendanaan Syariah IMBT PT. Kilang Offline September 18, 2024
Pertamina
Internasional (KPI)
Training Asean Global Leadership Program SRW & Co. Offline November 4-8, 2024
(AGLP) Beijing 2024
Rita Mirasari Executive Training on Islamic Banking Bank Danamon Online January 24, 2024
Manager Forum Bank Danamon Offline February 3, 2024
Media Training Bank Danamon Offline March 7, 2024
SMR Recertification Briefing - Level 7 Bank Danamon Online March 19, 2024
Cyber Risk Tabletop Exercise - 22 Okt 2024 Bank Danamon Online October 22, 2024
Danamon Compliance 2024 Bank Danamon Online December 24, 2024
APU, PPT, dan PPPSPM 2024 Bank Danamon Online December 24, 2024
ORM & QA 2024 Bank Danamon Online December 24, 2024
Anti Fraud Awareness dan Fakta Integritas Bank Danamon Online December 30, 2024
Anti Fraud 2024
SKAI Bank Danamon Online December 30, 2024
Dadi Budiana Manager Forum Bank Danamon Offline February 2-3, 2024
APU, PPT & PPPSPM Bank Danamon Online February 5, 2024
IIMA Symposium "Adjusting to Structural Institute for Online March 5, 2024
Shifts? Where is Global Economy Heading" International
Monetary Affairs
(IIMA)
Danamon Executive Media Training 2024 Bank Danamon Offline March 7, 2024
SMR Recertification Briefing - Level 7 LSPP Online March 19, 2024
SMR Recertification - Level 7 LSPP Offline March 26, 2024
Danamon Leadership Academy 3 for Senior Bank Danamon Offline June 6, 2024
Leaders
MUFG Global Leader Forum MUFG Offline June 10-13, 2024
Risk Management Alignment Workshop Level BARa Offline July 3-4, 2024
7 for BOD
Danamon Compliance 2024 Bank Danamon Online August 2, 2024
Danamon Group Leadership Summit 1H 2024 Bank Danamon Offline August 3, 2024
APU, PPT dan PPPSM 2024 Bank Danamon Online August 25, 2024
Fitch Rating's Indonesia Banks & NBFI Fitch Ratings Offline September 11, 2024
Roundtable 2024 Indonesia
9 th MGPC, MUFG Global Partnership MUFG Online October 9, 2024
Conference
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Location
Name Training/Conference/Workshop Organizer Date
(Online/Offline)
Expert Talk with Mr. Chatib Basri Bank Danamon Offline October 14, 2024
Expert Talk with Mr. Burhanuddin Abdullah Bank Danamon Offline October 14, 2024
E-Learning ORM & QA 2024 Bank Danamon Online October 18, 2024
Cyber Risk Table-Top Exercise (Session BOD Bank Danamon Offline October 22, 2024
& BOM)
MUFG Global Risk Management Conference MUFG Online October 22, 2024
for FY2024 2H
Expert Talk with Mr. Yohannes Nangoi Bank Danamon Offline November 6, 2024
MUFG Global Leader Forum (Module 2) MUFG Offline December 3 – 6, 2024
Muljono Tjandra E-Learning SKAI Bank Danamon Online January 17, 2024
Institute for International Monetary Affairs MUFG-sponsored Online March 5, 2024
(IIMA) Symposium "Adjusting to Structural research institution
Shifts - Where is Global Economy Heading?" in Japan
Danamon Executive Media Training 2024 Marketing Offline March 7, 2024
Communication
Bank Danamon
Resertification Risk Management - Level 7 EfektifPro Online March 8, 2024
Focus Group Discussion (FGD) Mortgage PERBANAS Offline April 3, 2024
Indonesian Personal Data Protection (PDP) Regulatory Online June 4, 2024
Law Awareness/Workshop Session Compliance - Bank
Danamon
Anti Fraud Awareness dan Pakta Integritas Bank Danamon Online June 4, 2024
Anti Fraud 2024
Certificate of Risk Management Alignment Bankers Offline July 3-4, 2024
Seminar Level 7 Risk Management Association for
Certificate for Directors holding Level 5 Risk Risk Management
Management Certificate (SMR Alignment). (BARA)
Danamon Compliance 2024 Bank Danamon Online July 30, 2024
APU, PPT, dan PPPSPM 2024 Bank Danamon Online October 10, 2024
ORM & QA 2024 Bank Danamon Online October 18, 2024
Thomas Sudarma Managers Forum Bank Danamon Offline February 2-3, 2024
Danamon Executive Media Training 2024 Bank Danamon Offline March 7, 2024
Risk Management Certificate Alignment Bankers Offline July 3-4, 2024
Seminar Level 7 Risk Association
Danamon Group Leadership Summit 1H 2024 Bank Danamon Offline August 3, 2024
MUFG N0W MUFG Offline September 4, 2024
Global Subsidiary Banking Workshop MUFG Group Offline September 11, 2024
9th MGPC, MUFG Global Partnership MUFG Group Online October 9, 2024
Conference
Cyber Risk Table-Top Exercise Bank Danamon Offline October 22, 2024
& EY
Expert talk with Mr. Yohanes Nangoi Bank Danamon Offline November 6, 2024
(GAIKINDO)
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Location
Name Training/Conference/Workshop Organizer Date
(Online/Offline)
OneMUFG Workshop - MUFG x BDI x Adira x MUFG Group Offline November 6, 2024
HCI x Zurich
Workshop EBFI EBFI Offline November 8-9, 2024
Jin Yoshida Risk Management Certification Level 7 BSMR Offline April 23, 2024
Capacity Building on GHG Emission Bank Danamon Offline May 28, 2024
Calculation
Indonesian Personal Data Protection (PDP) Regulatory Offline June 4, 2024
Law Awareness/Workshop Session Compliance - Bank
Danamon
Global Leadership Form MUFG Offline June 9-13, 2024
Anti Fraud Awareness dan Pakta Integritas Bank Danamon Online October 21, 2024
Anti Fraud 2024
Keselamatan Kerja Dalam Kondisi Darurat Bank Danamon Online October 21, 2024
Risk Management Essentials Bank Danamon Online October 23, 2024
Danamon Sustainability 2021 Bank Danamon Online October 23, 2024
SEPAKAD (Seri PembelAjaran KeAmanan Bank Danamon Online October 23, 2024
Informasi Danamon) – Seri 1
E-Learning Customer Centric Bank Danamon Online October 23, 2024
Danamon Onboarding Bank Danamon Online October 23, 2024
Danamon Compliance 2024 Bank Danamon Online October 23, 2024
E-Learning ORM & QA 2024 Bank Danamon Online October 23, 2024
APU, PPT dan PPPSPM 2024 Bank Danamon Online October 23, 2024
Global Leadership Form Modul 2 MUFG Offline December 2-6, 2024
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COMMITTEES UNDER
THE BOARD OF DIRECTORS
In accordance with the effectiveness of the implementation of the duties and responsibilities of the Board of
Directors, the Board of Directors has committees under the Board of Directors whose task is to assist the Board of
Directors to provide advice and recommendations that can be used as a reference in making decisions related to the
implementation of the duties and responsibilities of the Board of Directors. The committees that assist the Board of
Directors are as follows:
1. Risk Management Committee
2. Assets & Liabilities Committee (ALCO)
3. Human Resources Committee
4. Information Technology Steering Committee
5. Integrated Risk Management Committee
6. Sustainability Committee
7. Real Estate Committee
Taking into account POJK No. 17 of 2023 concerning the Implementation of Corporate Governance for Commercial
Banks, Bank established and/or reaffirmed the committees of the Board of Directors in charge of assisting the Board
of Directors in carrying out its duties and obligations, effective from September 24, 2024 consisting of:
1. Risk Management Committee
2. Credit or Financing Policy Committee
3. Credit or Financing Committee
4. Information Technology Steering Committee
5. Integrated Risk Management Committee
6. Asset and Liability Committee (ALCO)
COMMITTEE CHARTER
Each committee under the Board of Directors has guidelines and work rules as a reference and binding on each
committee member. The Committee Charter stipulates, among others, membership, duties and responsibilities,
conduct of meetings and reporting. The Committee Charter is continuously updated in accordance with Danamon’s
development and prevailing regulations.
RISK MANAGEMENT COMMITTEE
Structure and Membership of Committee
Committee Chairman President Director
Permanent Member Board of Directors
Non-permanent Member (non-voting) Executive Officers
Alternate Chairman refers to the circular decision of the Board of Directors’ resolution regarding the duties and responsibilities of members of the
Board of Directors.
Risk Management Committee oversees 2 (two) Sub-Committees, namely Sustainbility Sub-Committee and Information
Disclosure Sub-Committee. Further explanation regarding the Sub-Committee can be seen in the chapter Corporate
Governance with Sub chapter Risk Management.
Status of Voting Rights and Decision Making
The adoption of Committee meeting resolutions shall be done by consensus. In the event a consensus cannot be
reached, the adoption of resolutions shall be done by majority vote. Only permanent members will have voting rights.
In the event the vote is a tie, the committee Chairperson or Alternate Chairperson (if Committee Chairperson is unable
to attend the meeting) is authorized to determine the decision.
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Duties and Responsibilities f. Ensure that the Bank maintains sufficient provisions
Risk Management Committee is responsible for and reserves to protect against the realization of
evaluations and giving recommendation to President potential inherent risks, as well as ensure that the
Director on matters relating to the Bank’s risk Bank has sufficient disaster recovery procedures for
management includes the risk management of the business continuity.
Sharia Business Unit and the fulfillment of sharia g. Review of the various existing and emerging risks
principles according to DPS recommendation consist faced by the Bank, including:
of, among others: - Credit Risk including country risk and transfer
a. Assist the Board of Directors in fulfilling its risk;
responsibility related to risk management including - Market and Liquidity Risk;
Sharia Business Unit. - Operational Risk and Fraud;
b. Development of Risk Management strategies, - Reputation Risk;
policies and frameworks, including the establishment - Information Technology and Cyber Risks;
of Risk Appetite parameter and thresholds, Key Risk - Legal and Litigation Risk;
Indicators and Risk Tolerance limits to help establish - Compliance risk, including financial crime risk;
boundries within which the Bank’s management - Strategic Risk;
may operate towards achieving Bank’s business - Investment Risk;
objective. - Rate of Return Risk; And
c. Development of contingency plans to anticipate - Other major risk issues periodically.
various risks that may emerge from time to time and h. Implementation of risk management processes and
enable the Bank to continue operate even under remedial actions in-line with external and internal
stress conditions. changes that may affect capital adequacy ratio and
d. Ensure Good Corporate Governance in the their respective Risks profiles.
implementation of Risk Management, including i. Assess the Bank’s risk organization and infrastructure
among others with appropriate framework for timely to ensure that risk management processes,
identification, measurement and escalation of risks, systems and tools are in-line with the organization’s
Legal Lending Limit provisions including fulfillment development and business plans.
of disbursement provision for credit/financing to j. Review the implementation result of Bankwide
Related Party and deviations of business policies ICAAP stress tests (including country risk & transfer
and/or decisions. risk), climate risk stress test and other stress tests
e. Ensure that all business and operational activities (such as to fulfill the regulator requirement and
are in-line with prevailing regulations, risk policies others).
and procedures, with approval and oversight over k. Conduct oversight towards implementation of
potential exceptions, deviations and violations that Sustainable Finance.
may have occured. l. Oversee and evaluate sub-committees under the
Risk Management Committee.
Risk Management Committee Meeting
During 2024, the Committee held 12 (twelve) meetings attended by the following members of the Board of Directors:
Name Position Number of Attendance
Daisuke Ejima Committee Chairman 12/12
Honggo Widjojo Kangmasto Permanent Member 11/12
Hafid Hadeli Permanent Member 12/12
Dadi Budiana Permanent Member 12/12
Rita Mirasari Permanent Member 12/12
Herry Hykmanto Permanent Member 11/12
Muljono Tjandra Permanent Member 12/12
Thomas Sudarma Permanent Member 10/12
Naoki Mizoguchi Permanent Member* 3/12
Jin Yoshida Permanent Member** 5/12
*) Completed term of office on March 31, 2024.
**) Effective as Board of Director since July 11, 2024.
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Meetings and Meeting Agenda Risk Management Committee in 2024
Meeting Date Meeting Agenda
January, 17 2024 Updates on matters arising from previous RMC meetings, Risk Management, and Compliance.
February 20, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Consumer, Digital Banking, and
Compliance.
March 18, 2024 Updates on matters arising from previous RMC meetings, Risk Management, SME, Compliance, and Internal Audit
April 24, 2024 Updates on matters arising from previous RMC meetings, Risk Management, and Compliance.
May 21, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Adira, Consumer, Transaction
Banking, and Compliance.
June 19, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Adira, Consumer, Transaction
Banking, and Compliance.
July 22, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Adira, MUFG Information Sharing
Framework and Compliance.
August 21, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Information Disclosure, and
Compliance.
September 18, 2024 Update matters arising dari rapat RMC sebelumnya, Update Manajemen Risiko, Consumer, Digital Banking, SME,
Compliance, dan Internal Audit.
October 22, 2024 Updates on matters arising from previous RMC meetings, Risk Management, and Compliance.
November 18, 2024 Updates on matters arising from previous RMC meetings, Risk Management, Enterprise Banking, and Compliance.
December 19, 2024 Updates on matters arising from previous RMC meetings, Risk Management, and Compliance.
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COMMITTEE ASSETS & LIABILITIES (ALCO)
Structure and Membership
Chairman President Director
Alternate Chairman Chief Financial Officer (CFO)
Member Vice President Director(s) and Director(s) and/or appointed member(s) of the following Divisions/
Business Units:
- Consumer and Branch Network
- SME
- Risk Management
- Treasury & Capital Market
- Enterprise Banking & Financial Institution
- Transaction Banking
Status of Voting Rights and Decision Making f. To review funding composition and to approve
The resolution of the Meeting should be adopted based any change in funding strategy and alternatives
on the deliberation to reach a consensus. ln the event including new institutional/structural funding.
no consensus can be reached, the resolution shall be g. To review the following topics on monthly basis:
adopted by means of voting, based on the approved - Economic Overview and Market Outlook
votes of more than 1/2 (half) of the total votes validly cast - Recent movements in key components of
in the said the Meeting. Balance Sheet, Yield/COF and NIM
- Funds Transfer Pricing (FTP)
The result of the Meeting must be stated in minutes of - Funding and Lending products pricing
meeting and well documented. Any dissenting opinion - Market & Liquidity Risk profile on the Balance
in the Meeting must be clearly stated in minutes of Sheet, AFS Portfolio and Trading book
meeting together with the reason of the dissenting - Contingency Funding Plan (CFP) monitoring
opinion. - Capital Management
- and other ALCO related issues
Duties and Responsibilities h. On a periodic basis, review and approve the
The ALCO Committee has the following duties and followings:
responsibilities: - Market & Liquidity Risk limit framework for
a. To establish committee coverage, meeting Balance Sheet, AFS Portfolio and Derivative for
procedures, working process and sets sub funding. The framework should be presented to
committees to support ALCO. the Board of Comissioners for endorsement.
b. To determine policies and guidelines for liquidity risk, - Liquidity and lnterest Rate Risk stress test
interest rate risk and capital management for Bank assumptions
and its subsidiaries that reflect adequate liquidity - Core balance calculation for interest rate risk,
and capital, stable and diversified funding profile, liquidity risk and FTP calculation
with compliance to all regulatory requirements. - FTP policies and methodology
c. To determine issuance of securities or instrument in - Contingency Funding Plan (CFP) Policy
the framework of providing the Bank with adequate - Macroprudential lntermediation Ratio (RIM)
liquidity, capital and diversified funding structure. target
d. To evaluate market condition and its likely impact on Update the Risk Oversight Committee of the the
the Bank’s liquidity condition, Nll, and capital, and to Board of Comissioners on the ALCO discussion
approve best course of action. and decision. ALCO to carry out Risk Oversight
e. To review and determine the Balance Sheet structure Committee/Board of Comissioners directives on
to improve the Bank profitability. market and liquidity risk matters.
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ALCO Committee Meeting
During 2024, the Committee held 11 (eleven) meetings attended by the following members:
Name Position Number of Attendance Meetings
Daisuke Ejima Chairman 10/11
Muljono Tjandra Alternate Chairman 11/11
Honggo Widjojo Kangmasto Member 10/11
Dadi Budiana Member 11/11
Hafid Hadeli Member 9/11
Thomas Sudarma Member 11/11
Andrew Suhandinata Member 9/11
Herman Savio Member 10/11
Work Execution of the ALCO Committee in 2024
The ALCO Committee held meetings to discuss the following agenda:
• Economic & Market Outlook
• Bank’s Balance Sheet management and business direction
• Fund Transfer Pricing (FTP) Rate management
• Review of interest rates on loans and third-party funds
• Market and liquidity risk assesment
• Macroprudential Intermediation Ratio (RIM), Liquidity Coverage Ratio (LCR), and Net Stable Funding Ratio (NSFR)
• Capital assessment
• Professional Funding Management
• Available for Sale (AFS) portfolio/Fair Value-Other Comprehensive Income (FVOCI) portfolios management
• Regulatory changes or new regulations related to liquidity and balance sheets
• Proposals for and management of the Bank’s balance sheet limit structure
• Contingency Funding Plan (CFP)
In general, the ALCO discussed the following matters in each of its meeting agenda:
Meeting Date Meeting Agenda
January 30, 2024 • Economic & Market Outlook
• RR Charge Quarterly Update
• ADMF Special FTP Subsidy Update & Proposal
• LCR Highlight
• Treasury Trading Limit 2024
• Mortgage Subsidy Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
February 28, 2024 • Economic & Market Outlook
• Treasury BSM Risk Limit 2024
• Core – Non Core range data proposal
• Liquidity Condition Update
• Alternate Funding - BDI Bond Issuance
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
March 27, 2024 • Economic & Market Outlook
• HKD, SAR & CAD FTP Proposal
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
April 30, 2024 • Economic & Market Outlook
• RR Charge Quarterly Update
• IDR FTP Rate Adjustment
• Mortgage Subsidy Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
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Meeting Date Meeting Agenda
May 29, 2024 • Economic & Market Outlook
• Prime Lending Rate (SDBK) Adjustment
• Primary Dealer for Monetary Operation Update
• LCR ADMF Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
June 26, 2024 • Economic & Market Outlook
• LCR Simulation EOM June 24
• FTP Subsidy Mortgage
• FTP New System & Methodology Recommendation
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
July 31, 2024 • Economic & Market Outlook
• RR Charge Quarterly
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
August 28, 2024 • Economic & Market Outlook
• FTP Core 2025 Proposal
• Mortgage LC Duration 2025 Proposal
• Liquidity Charge (LC) 2025 Proposal
• Liquidity Premium Incentive 2025 Proposal
• AFS Portfolio Strategy
• Danamon Hadiah Beruntun (DHD) Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
September 24, 2024 • Economic & Market Outlook
• RR Charge Quarterly Update
• CFP Indicator Update
• Market and Liquidity Risk Policy – Annual Review
• LP Charge for Working Capital Loan Proposal
• Bilateral Loan
• Mortgage Subsidy Update & Proposal
• IDR FTP Adjustment
• TD Initiatives Update
• Temporary Limit TCM-BSM
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
October 30, 2024 • Economic & Market Outlook
• Prime Lending Rate (SBDK) Proposal
• Treasury BSM Limit Proposal
• TD Initiatives Progress Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
November 26, 2024 • Economic & Market Outlook
• RR Charge Quarterly Update
• ADMF Subsidy Proposal
• TD Initiatives Progress Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
December 19, 2024 • Economic & Market Outlook
(Circulate by email) • TD Initiatives Update
• Balance Sheet Structure and Yield/COF Analysis
• Market & Liquidity Risk Update
INFORMATION TECHNOLOGY (IT) STEERING COMMITTEE
Structure and Membership
Chairman Finance Director
Members • Chief Information Technology & Operations Officer
• Vice President Directors
• Risk Management Director
• Global Alliance Strategy Director
• Chief Digital Officer
Other invitations depend on the relevance of each area.
Members • Bank Director and Subsidiary
• Bank Business Head and Subsidiary
• Bank Head Support Function and Subsidiary
• President Director
Secretary BPR, Control & Compliance Head
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Status of Voting Rights and Decision Making than USD 500 thousand or total cost ownership
The meeting is deemed quorum if attended by Chairman (TCO) equal to or greater than USD 2 million over
or Risk Management Director, along with 2/3 (two third) 5 years and had been implemented project will be
of the members. Each Committee member has equal tracked by Financial Planning (FP) and result will be
voting rights. Decision making in the Committee presented by respective user/LoB in ITSC meeting.
meetings is conducted with aim of reaching consensus. d. Ensure the allocation of adequate and proper IT
In the event that deliberation does not reach consensus, resources. If required to engage a third party to
decision making is based on voting by the affirmative assist in project implementation, ITSC should ensure
vote of more than 1/2 (half) of attended members in the that policies and procedures are in place according
meeting. to Bank internal policy and involve Procurement
in relation to third party engagement and IT from
Duties and Responsibilities the beginning if this related with technology to be
The Committee has duties and responsibilities, among implemented and/or used for the bank.
others: e. Review recommendations from other sub/ working
a. Periodically review, formulate, and recommend committees for matters related to Information
Bank’s IT strategic plan, IT policies, standards, and Technology.
procedures, and ensure alignment of IT projects f. Provide recommendations for solving IT related
with the strategic plan by monitoring IT performance issues that can’t be resolved by the working unit of
and improvement of the performance. IT users and providers in an effective, efficient, and
b. Review and recommend IT projects that are aligned timely manner.
with Bank’s strategy and proposed as part of IT g. Perform such other duties and responsibilities as
project prioritization with Capex investment equal may be assigned to the Committee, from time to
to or greater than USD 500 thousand, or total cost time, by the BoD.
ownership (TCO) equal to or greater than USD 2 h. Prepare the committee’s activities report every year
million over 5 years, or its equivalent IDR. as an evaluation report on the committee’s work
c. Review post implementation of strategic projects performance.
& benefit realization after implementation in terms i. ITSC Secretary is responsible to coordinate the
of cost and benefit. Project that approved through ITSC review, as well as managing documentations,
Information Technology Steering Committee (ITSC) meeting materials and meeting schedule of the
meeting with investment amount equal to or greater committee.
IT Steering Committee Meeting
During 2024, the Committee held 14 (fourteen) meetings. The meetings were attended by the following members of
the Board of Directors:
Name Position Number of Attendance Meetings
Muljono Tjandra Chairman 14/14
Honggo Widjojo Kangmasto Member 13/14
Hafid Hadeli Member 10/14
Dadi Budiana Member 13/14
Jin Yoshida* Member 5/14
Yenny Siswanto Member 14/14
Andreas Kurniawan Member 14/14
Naoki Mizoguchi** Member 1/14
*) Jin Yoshida joined ITSC as invitee on May 15, 2024, and joined ITSC as Global Alliance Strategy Director replacing Naoki Mizoguchi on August
14, 2024
**) Naoki Mizoguchi was a member of ITSC until March 14, 2024
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Implementation of Duties of Information Technology Steering Committee in 2024
The Information Technology Steering Committee held meetings with discussion materials as follow:
No Meeting Date Meeting Agenda
1 February 6, 2024 Budget Approval for the following projects:
• Enhancement FCC FCR Phase 2
• SMEC Datamart Refresh and PPA MIS Datamart
• New Collection Management System Phase 2
• Instinct System Refresh (EOS)
• QRIS Enhancement 2024 – Refund
• Alternative for Privy
• NTB DL Pro via D-Bank Pro
2 March 14, 2024 Benefit Realization for the following project:
• Upgrade Backup Platform to Object Storage
Budget Approval for the following projects
• EOS Bank Wide Applications
• Device Refreshment on Network HO BSD, Regional Office, and Technology Refresh on Network UAT
Environment
• Refreshment for Internet Router and WAN Distribution
• Tech Refresh VMware UAT
• D-Bank PRO 2.0
3 March 21, 2024 Budget Approval for the following projects:
• SMEC Datamart Refresh and PPA MIS Datamart
• Refresh Tandem (B24) PRD, DRC & UAT and Tandem Refreshment (Base24 Upgrade)
• Payment Hub (SWIFT Processing Hub)
4 April 2, 2024 Budget Approval for the following projects:
• Adding Capacity Storage to Cover Data Growth for 2024 projects
• Additional Data Domain 6900 Capacity for Organic Growth FY2024
• Oracle Consolidation Platform (OLVM) Additional Capacity For 2024 Projects
5 May 15, 2024 Budget Approval for the following projects:
• Data Loss Prevention (DLP) at Network Level
• User and Entity Behavior Analytics (UEBA)
Acknowledgement for:
• 2024 IT Project Summary (PAM Approval Status and Target)
6 June 12, 2024 Budget Approval for the following projects:
• Customer Tax Statement
• SIEM Re-Architecture
• Enhance Database Performance & Observability
Benefit Realization for following projects:
• Refreshment Internal Load Balancer
• Refreshment Firewall BSD
• Financial Data Model
7 August 14, 2024 Budget Approval for the following projects:
• Transaction Fraud Detection System (FDS) Upgrade
• Projects Bulk Approval
Acknowledgement for:
• 2024 IT Projects Approval Summary Update
8 August 29, 2024 Budget Approval for the following projects:
• Transaction Fraud Detection System (FDS) Upgrade
• Core Banking New Generation Interface – Channel Migration
• Projects to be Dropped
Acknowledgement & Update for:
• Application Business Owner 2024
• Follow-up Items from Previous ITSC Meeting
9 September 19, 2024 Budget Approval for the following projects:
• Project 2025 Presentation for LOB (CFO, Consumer, Digital Consumer, Branch Network, Transaction
Banking, Treasury, Sharia, SME, Enterprise Banking)
Acknowledgement for:
• Waterfall Submitted Bankwide IT Projects 2024 – 2027
• Proposed Projects & Budget 2025 – 2027
• IT Prioritization Framework and Results 2025 – 2027
• Summary ROI 2025 – 2027
• Depreciation Impact Project 2023 – 2027
• Project Capacity Planning
10 September 24, 2024 Budget Approval for following projects:
• Project 2025 Presentation for LOB (IAU, CREM, Compliance, Risk Management, OPS-TSMG, BPR, IT)
• Recalculate & Split Transaction Banking Project
Update for:
• Budget Movement ITSC Prioritization Day 1
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No Meeting Date Meeting Agenda
11 October 2, 2024 Acknowledgement for:
• IT Project Prioritization Framework and Result 2025
• Waterfall of Bankwide IT Projects 2024 – 2027
• Bankwide Proposed Projects & Budget 2025 – 2027
• Depreciation Impact Project 2023 – 2027
12 November 6, 2024 Approval for agenda:
• 3 Years IT Prioritization Project Review
• Request Additional C1 Budget
• Project PIR & Closure Approach Memo for Approval
13 November 25, 2024 Budget approval for following project:
• RPA Center of Excellence (CoE)
Benefit Realization for following project:
• Mortgage Seamless & Fast Process
14 December 12, 2024 Acknowledgement for:
• RPTI 2025 Overview
Budget approval for following project:
• EOS Bankwide Applications 2025
The Information Technology Steering Committee approved the updates on IT Policy through e-mail circulation in
November 2024.
INTEGRATED RISK MANAGEMENT COMMITTEE
Structure and Membership
Chairman Risk Management Director of Main Entity (Danamon)
Permanent Member • Compliance Director of Main Entity (Danamon)
• SME Credit Director of Main Entity (Danamon)
• Appointed Director of Subsidiaries and Sister Companies
• Appointed Division Heads in the Integrated Risk Management Working Unit
Permanent Invitation Chief Internal Auditor of Main Entity (Danamon)
Alternate Chairman: Refers to the circular resolution of the Board of Directors on the duties and responsibilities of members of the Board of
Directors
Status of Voting Rights and Decision Making c. Identification of issues that can affect financial,
The Committee Meeting Resolutions shall be adopted compliance/regulatory, legal and reputation risks
based on conseus principle. In the case of no for the Financial Conglomeration based on data/
consensus, the resolution shall be determined based information being shared by members of the
on majority vote in which 1 (one) entity can cast for 1 Financial Conglomeration.
(one) vote. At the event when the vote result in a tie, d. Escalation of all risk-related matters that require
the Committee Chairperson or Alternate Chairperson (in attention of the Board of Directors of the Main Entity
absence of the Chairperson) is authorized to determine or entities within the Financial Conglomeration.
the ultimate descision. e. Assessment of key risks in the entities and across
entities within Financial Conglomeration including
Duties and Responsibilities the formulation of strategies to deal with existing
The main role of the Integrated Risk Management and emerging risk issues.
Committee is to evaluate and give recommendations to f. Review and approval semi annual integrated risk
the Board of Directors of the Main Entity for: profile report.
a. Preparation of the Integrated Risk Management g. Preparation of the integrated capital management
policies, frameworks and guidelines; and periodic policies and strategies within Financial
improvements based on evaluation of the Conglomeration including reviewing integrated
implementations. capital report.
b. Evaluation on the effectiveness of integrated risk h. Knowledge sharing/lessons learned between
management policies, frameworks and guidelines. entities in the Financial Conglomeration so that it
can improve the implementation of integrated risk
management to be more effective.
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Member Attendance at Integrated Risk Management Committee Meetings
During 2024, the Integrated Risk Management Committees held 2 (two) meetings, one in February and the other one
in August 2024.
The following is the attendance of committee members at meetings held in 2024:
Name Position Number of Attendance Meetings
Dadi Budiana Chairman 2/2
Rita Mirasari Permanent Member 1/2
Herry Hykmanto Permanent Member 2/2
I Dewa Made Susila Permanent Member 2/2
Mahendra Rendiantama Permanent Member 2/2
Animesh Narang* Permanent Member 1/1
Ade Prima Ratu Bagus Permanent Member 2/2
Suwandi Kusuma Permanent Member 2/2
Ari Priyatna Permanent Member 2/2
*effective as a member of the integrated risk management committee in April 22, 2024
Meetings and Meeting Agenda of Integrated Risk Management Committee in 2024
Meeting Date Meeting Agenda
February 12, 2024 Integrated Risk Profile Semester 2 of 2023, Integrated Capital Adequacy Semester 2 of 2023, and Integrated Risk
Management Update of all MUFG Group Financial Conglomerations members.
August 14, 2024 Integrated Risk Profile Semester 1 of 2024, Integrated Capital Adequacy Semester 1 of 2024, and Integrated Risk
Management Update of all MUFG Group Financial Conglomerations members.
CREDIT OR FINANCING COMMITTEE
Structure and Membership
Committee Members Members of the Credit or Financing Committee are appointed considering his/her professionalism,
experience, and capability qualification. Further governance regarding the membership of the Credit or
Financing Committee refer to Credit or Financing approval authority policy.
Credit or Financing Committee was formed in order to Authorities
evaluate and/or decide on the credit or financing (with Credit or Financing Committee are authorized to approve
sharia principles) proposal for the amounts and types credit or financing proposal, additional, renewal, or
of credit or financing determined by the Bank’s Board changes on the existing exposure and remedial or
of Directors. settlement of non performing loan or financing. Credit
or financing authorities up to the maximum amount in
Status of Voting Rights and Decision-Making where they may provide the final approval are further
Approval of credit or financing proposals is given by governed in the current Credit or Financing approval
the Credit or Financing Committee where all committee authority policy.
members must come to an agreement on the credit or
financing proposals independently and unanimously. Credit or Financing Committee Meeting
Credit or Financing Committee meetings is held in the
Duties and Responsibilities form circulating credit proposal material by Business
Credit or Financing Committee in their duties, especially Unit to all Credit or Financing Committee members.
in deciding on credit or financing must be carried out Credit or Financing Committee meetings is held to
based on their competence honestly, objectively, provide decisions on credit or financing proposals. If
carefully and throughly. The duties and responsibilities needed, Credit or Financing Committee meetings can
of Credit or Financing Committee are regulated in more be held in the form of physically or virtually.
detail on the Credit Risk Policy.
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CREDIT OR FINANCING POLICY COMMITTEE
Structure and Membership of Committee
Chairman of Committee President Director
Alternate Chairman Risk Management Director
Permanent Member • Vice President Director – Wholesale Banking Group
• Vice President Director – Consumer Banking Group and Branch Network
• SME Credit Director
• Enterprise Banking (EB) and Financial Institution (FI) Directors
• Chief Internal Audit (provide independent review without voting rights)
Permanent Invitee • Compliance Director
• Global Alliance Strategy Director
Credit or Financing Policy Committee are responsible 4. Monitor, ensure, and evaluate:
to provide feedback to Board of Director on the a. The effective implementation of the CRP.
development of Bank’s credit policies as to ensure b. The overall growth and quality of credit or
the implementation of prudential principles in credit/ financing portfolios.
financing granting and monitor the implementation of c. The effective implementation of credit or financing
Bank’s credit policies. approval authorities and the performance of the
delegated authority holders within the Business
Status of Voting Rights and Decision Making and Credit Risk teams, with respect to the asset
The adoption of Committee Meeting resolutions shall be quality where they have acted as approvers.
done by consensus. In the event a consensus cannot d. The implementation of Good Corporate
be reached, the adoption of resolutions shall be done Governance principles as related to Risk
by majority vote. Only permanent members will have Management in the extension of credit or
voting rights. In the event the vote is a tie, the Chairman financing, including the launch of new financing
of Committe or Alternate Chairman (if Chairman of products, new client segments, or new credit
Committee is unable to attend the meeting) is authorized product programs and guidelines.
to determine the decision. e. Policies related to the implementation of Legal
In the event of a dissenting opinion arise from the Lending Limit, Large Single Name Concentrations,
Permanent Member during decision-making, the and asset quality of credit or financing granted
dissenting opinion must be well documented in the to Large Exposures clients including to Related
Minutes of the Meeting by the Committee Secretary. Parties.
f. The compliance of policies to prevailing laws
Duties and Responsibilities and others regulations in providing the loan or
1. Provide recommendations/input to the Board of financing, including the implementation of Sharia
Directors in the development of Credit Risk Policy principles in accordance with Sharia Supervisory
(CRP) and other related documents to ensure Board (DPS) opinion.
maintenance of prudential principles in credit or g. Policies related to the settlement or recovery of
financing. non performing loan or financing including write-
2. Ensure that the CRP can be applied and implemented offs and charge-offs in accordance with the CRP.
consistently and consequenly, and in adherence to h. Policies related to the formulation of provisioning
the overall Risk Appetite established by the Board of methodology and the implementation, including
Commissioners. monitoring and validating.
3. Recommended to the Board of Directors, solutions i. Policies related to the formulation of credit rating
when there are obstacles in the implementation methodology and the implementation, including
of CRP. In Addition, Credit or Financing Policy monitoring and validating.
Committee to conduct periodic reviews of the CRP
on regular basis and provides recommendations to
the Board of Directors if changes or revisions are
needed.
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j. Supervision on risk management implementation 6. Provide the recommendation for improvement to the
related to country risk and transfer risk carried Board of Directors and the Board of Commissioners
out by the Bank including the implementation of (through Risk Oversight Committee) on the matters
evaluations and testing (stress testing). related to point 5.
k. Review regarding Credit Risk (other than 7. If there is any deviations in the implementation of
governed above) which may arise and faced by credit policies related to the fulfillment of Sharia
the Bank. principles, then the report should be submitted to
5. Submit reports (including in the form of material the DPS.
presentation) on regular basis to the Board of
Directors and the Board of Commissioners (through
Risk Oversight Committee) regarding:
a. The results of oversight on the application and
implementation of credit policies; and
b. The results of monitoring and evaluation on the
matters as stated in point 4.
Meetings of the Credit or Financing Policy Committee
During 2024, the Committee held 2 (two) meetings attended by the following members:
Name Position Number of Attendance Meetings
Daisuke Ejima Committee Chairman 2/2
Honggo Widjojo Kangmasto Permanent Member 1/2
Hafid Hadeli Permanent Member 2/2
Dadi Budiana Permanent Member 2/2
Herry Hykmanto Permanent Member 2/2
Thomas Sudarma Permanent Member 2/2
Yenny Linardi Permanent Member 2/2
Meetings and Meeting Agenda Credit or Financing Policy Committee in 2024
Meeting Date Meeting Agenda
November 18, 2024 Monthly Credit Portfolio Update, Credit Parameter Year End 2024, dan Enterprise Banking Update.
December 19, 2024 Monthly Credit Portfolio Update.
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AFFILIATED RELATIONSHIPS AND
AFFILIATED TRANSACTIONS FOR
THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS AND
MAJOR SHAREHOLDERS
The Bank has internal provisions on Affiliated Affiliate relationships between members of the Board of
Transactions and Conflict of Interest Transactions Directors, the Board of Commissioners and with major
that govern transactions with affiliated parties. These and/or controlling shareholders is given in a financial
internal provisions aim to ensure that transactions are and family relations table available in the Board of
conducted fairly and do not harm the interests of the Commissioners’ and the Board of Directors’ sections of
Bank or the interests of minority shareholders and help this Corporate Governance Report.
increase the independence of Bank Management in
managing transactions that carry with them the potential Transactions with Affiliated Parties requires members of
for conflict of interest. the Board of Commissioners and the Board of Directors
to disclose any planned affiliated transactions either by
The Board of Directors’ affiliated relationships with themselves or their families to the Corporate Secretary.
fellow members, Board of Commissioners members, Material transaction plans will be reviewed by the
and Major and/or Controlling Shareholders Compliance Director and subsequently reported to the
None of members of the Company’s Board of Directors Audit Committee. In the event of a Conflict of Interest,
has affiliation with their fellow members, members of members of the Board of Directors and members of the
the Board of Commissioners and with major and/or Board of Commissioners concerned must abstain from
controlling shareholders. the review and approval process of the transaction.
The Board of Commissioners’ affiliated relationships
with fellow members, and with Major and/or
Controlling Shareholders
None of members of the Company’s Board of
Commissioners has affiliation with their fellow members.
There are, 2 (two) Non-Independent Commissioners
who have financial relationships with the controlling
shareholders, namely Yasushi Itagaki and Nobuya
Kawasaki.
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CORPORATE SECRETARY
The function of the Corporate Secretary is to ensure the timely and accurate delivery of the Bank’s material information
to all Stakeholders. The Corporate Secretary is appointed and dismissed based on the decision of the Board of
Directors. The Corporate Secretary has an important role in creating good communication between the Bank and
Shareholders and other Stakeholders.
CORPORATE SECRETARY ORGANIZATIONAL STRUCTURE
Corporate Secretary
Head of Corporate Secretary
Corporate Secretary Officers
CORPORATE SECRETARY
Rita Mirasari is a Bank Director who has also served the Corporate Secretary since October 24, 2016 based on
decision No.KSR-DIR.Cor.Sec-003 dated October 17, 2016 concerning the Appointment of Corporate Secretary.
Indonesian Citizens. Age 55 years. Domiciled in Indonesia.
Completed her education and earned her Bachelor Degree in Law
from the University of Indonesia. She launched her banking career
in 1991 as a Legal Officer at a local bank. Her extensive experience
in legal and compliance include Corporate Secretary positions at
Rita Mirasari
prominent Indonesian banks. Her last position before joining the Bank
was Director of Regulatory Compliance & Financial Crime Compliance
of HSBC, Indonesia. She is currently the Compliance Director of
the Bank in charge of Compliance, Financial Crime Compliance,
Corporate Secretary, Legal and Litigation.
DUTIES AND RESPONSIBILITIES OF THE CORPORATE SECRETARY
1. Provide recommendation to the Board of Directors and Board of Commissioners to comply with the laws and
regulations in the capital market.
2. Act as a liaison between the Bank and Shareholders, Regulator and other Stakeholders.
3. Assist the Board of Directors and Board of Commissioners in implementing corporate governance which includes:
• Transparency of information to the public including the availability of information on the website.
• Delivery of reports to Regulator and other Authorities.
• Organize and document the General Meeting of Shareholders.
• Organize and document meetings of the Board of Directors and/or Board of Commissioners.
4. Participate in being responsible for organizing the Bank’s Corporate Action.
5. Submit reports related to provisions in the capital market, both periodic and incidental reports to regulators in a
timely manner.
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CORPORATE SECRETARY COMPETENCY DEVELOPMENT
During 2024, the Corporate Secretary attended the following trainings to improve her competency:
Training/Conference/Workshop Organizer Location Date
Executive Training on Islamic Banking Bank Danamon online January 24, 2024
Manager Forum Bank Danamon offline February 3, 2024
Media Training Bank Danamon offline March 7, 2024
SMR Recertification Briefing - Level 7 Bank Danamon online March 19, 2024
Cyber Risk Tabletop Exercise Bank Danamon online October 22, 2024
Danamon Compliance 2024 Bank Danamon online December 24, 2024
APU, PPT, dan PPPSPM 2024 Bank Danamon online December 24, 2024
ORM & QA 2024 Bank Danamon online December 24, 2024
Anti Fraud Awareness and Fakta Integritas Anti Fraud 2024 Bank Danamon online December 30, 2024
SKAI Bank Danamon online December 30, 2024
IMPLEMENTATION OF THE DUTIES AND RESPONSIBILITIES OF THE CORPORATE SECRETARY IN
2024
Throughout 2024, the Corporate Secretary carried out the duties and responsibilities assigned to her with the
following activities:
1. Follow the development of the capital market, especially regulations related to capital market regulations and
convey information about these developments to the Board of Commissioners, Board of Directors, and Bank
Stakeholders.
2. Organized and documented the General Meeting of Shareholders.
3. Fulfilled the provisions of the Indonesia Stock Exchange (IDX) regarding the Bank’s Annual Public Expose.
4. Organizing and attending meetings of the Board of Commissioners, meetings of the Board of Commissioners
with the Board of Directors, meetings of the Board of Commissioners with the Sharia Supervisory Board and
Committee meetings at the Board of Commissioners level as well as compiling and administering the minutes of
the meetings.
5. Timely delivered reports related to provisions in the capital market, both periodic and incidental reports to the FSA
and IDX in a timely manner.
6. Disclosed information in accordance with applicable laws and regulations.
7. Prepared recommendations for changes to the committee work procedures guidelines at the Board of
Commissioners and Directors levels pertaining to the implementation of corporate governance.
8. Adjusted the Articles of Association in accordance with the Bank’s needs as well as newly applicable regulations
and legislation.
9. Updated/adjusted the Board of Directors Charter and the Board of Commissioners Charter pursuant to applicable
laws and regulations and the implementation of good corporate governance.
10. Prepare documentation and assist the Fit and Proper Test process for prospective members of the Board of
Directors.
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INFORMATION DISCLOSURE IN 2024
As a form of information disclosure, the Bank has periodically and on different occasions disclosed information to the
public through its official website and IDX website made available in both Indonesian and English.
PERIODIC REPORT
In 2024, the periodic disclosure of information that have been reported by the Bank are as follows:
INFORMATION DISCLOSURE
No Type Report Objective Reporting Total
1 BDMN Securities Holder Registration Monthly Report FSA and IDX Monthly 12
2 Consolidated Financial Statements (Unaudited) of the Bank and Subsidiaries FSA and IDX Quarterly 3
3 Consolidated Financial Statements (Audited) of the Bank and Subsidiaries FSA and IDX Annual 1*
4 AGMS FSA and IDX Annual 1
5 Annual Report FSA and IDX Annual 1
6 Financial Report of Controlling Shareholders FSA Semester 2
7 Disclosure of Information on Fulfilment of Mandatory Annual Public Expose IDX Annual 1
8 Evaluation report on the implementation of audit services for annual historical FSA Annual 1
financial information by Public Accountant and Accounting Firm
9 Appointment of Public Accountants and Public Accounting Firms for the 2024 FSA Annual 1
Financial Year
Quarterly - 4
*
INCIDENTAL REPORT
In 2024, The Bank has disclosed information on 12 (twelve) incidental reports to Regulators and made it available for
the public to access on the Bank’s official website with the link: https://www.danamon.co.id/id/Tentang-Danamon/
InformasiInvestor/Informasi-Aksi-Korporasi-dan-Keterbukaan-Informasi/2024.
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BANK
COMPLIANCE FUNCTION
In accordance with POJK No.46/POJK.03/2017 COMPLIANCE WORKING UNIT
to implement the compliance function which is a Bank established the Compliance Working Unit (CU) as
series of preventive (ex-ante) actions or steps, the a work unit that is independent and free of influence
implementation of the Compliance function at the Bank from other working units. Since January 2021, CU
is based on 4 (four) main functions, namely: has been divided into 2 (two) divisions with Palupi
1. Realizing the implementation of compliance culture Aly Ibrahim as Head of Regulatory Compliance &
at all levels of the Bank’s organization and business Advisory Division and Lie Chen as Head of Regulatory
activities. Compliance & Assurance Division. The appointment
2. Managing compliance risk exposure. has been informed to FSA. Both officials have adequate
3. Ensuring that policiy, regulations, systems, competencies and capabilities in banking matters
procedures and business activities carried out by and have a high commitment to implementing and
the Bank are in compliance with the provisions of developing a culture of compliance.
the FSA and the provisions of laws and regulations,
including Sharia Principles for Sharia Business unit.
4. Ensuring the Bank’s compliance with all the
commitments it has made to the FSA and/or other
authorized Supervisory Authorities.
ORGANIZATIONAL STRUCTURE OF THE COMPLIANCE WORKING UNIT
The organizational structure of the CU at Bank is illustrated below:
Director in charge of
the Compliance Function
Rita Mirasari
Regulatory Compliance (RC) Regulatory Compliance (RC) Head of Financial Crime Head of Corporate Head of Legal
& Advisory Head & Assurance Head Compliance Secretary Counsel
Palupi Aly Ibrahim Lie Chen Ratih Damayanti Hendy D. Wong Satyo Haryo W
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INTEGRATED COMPLIANCE WORKING UNIT COMPLIANCE FUNCTION POLICY
Bank as the Main Entity within the Financial CU Bank has a Policy on Compliance Function and
Conglomeration MUFG Group has an Integrated Compliance Working Unit that covers compliance
Compliance Working Unit (ICU) that is independent culture, compliance function, compliance risk
from other operational working units, whose duties management, and reporting. The policy serves as
and responsibilities are carried out by CU Bank. ICU a guideline in implementing the Bank’s compliance
is responsible to the Bank’s Director in charge of the function.
Compliance Function. ICU is tasked with monitoring
and evaluating the implementation of the compliance DUTIES AND RESPONSIBILITIES OF THE
function at each Entity in the Financial Conglomeration. COMPLIANCE WORK UNIT
Further explanation of ICU is provided in the Chapter Duties and Responsibilities of CU include:
on Integrated Compliance Working Unit in this Annual 1. Creating a compliance program in order to support
Report. the creation of a compliance culture in all of Bank’s
business activities at every level of its organization;
THE ROLES OF THE BOARD OF DIRECTORS 2. Identifying, measuring, monitoring and controlling
AND THE BOARD OF COMMISSIONERS IN THE compliance risk in accordance with risk management
COMPLIANCE FUNCTION implementation for Commercial Banks and Sharia
The Board of Directors (BOD) is obliged to foster and Business Units with FSA regulations as references;
realize a Compliance Culture at all levels of the Bank’s 3. Assessing and evaluating the adequacy and
organization and business activities. BOD shall then suitability of Bank’s policies, provisions, systems
ensure the implementation of the Bank’s Compliance and procedures for implementing provisions from
Function. authorities;
4. Reviewing and/or recommending updates and
The Board of Commissioners (BOC) is obliged to oversee improvements to Bank’s policies, provisions,
the implementation of the Compliance Function. Active procedural systems to comply with the provisions
oversight of the Compliance Function is exercised of authorities, including Sharia principles for Sharia
by giving suggestions to improve the quality of the Business Units;
implementation of the Bank’s Compliance Function and 5. Serving as Bank’s liaison officer with regulators,
evaluating the implementation of the Bank’s Compliance especially on matters related to the implementation
Function at least 2 (two) times a year. of compliance and the implementation of regulatory
audits;
COMPLIANCE DIRECTOR 6. Organizing training/outreach programs regarding
Bank has a Director in charge of the Compliance external provisions for Bank’s working units.
Function (Compliance Director), Rita Mirasari. The 7. Performing other tasks that bear relation to the
appointment of the Compliance Director has met the compliance function;
applicable criteria, which is independency, and shall 8. ICU also has the task of at least monitoring and
refrain from running other functions that are regulatory evaluating the implementation of compliance
not permissible to her. CU is under the responsibility functions at each of the Financial Conglomeration’s
of Compliance Director. In addition, Compliance Financial Services Iinstitutions (FSIs).
Director and CU at the Bank coordinate with the Sharia
Supervisory Board regarding the implementation of the COMPLIANCE WORKING UNIT BUSINESS
Compliance Function for Sharia Principles. PLAN FOR 2024
1. Maintain awareness of the importance of Compliance
The appointment Compliance Director has been Culture, including the implementation of Anti-Money
approved by FSA and the appointment of the Compliance Laundering (AML), Counter Financing Terorrism
Director has been processed in accordance with FSA. (CFT), and Counter-Proliferation Financing of
The full profile of the Compliance Director can be seen Weapon of Mass Destruction financing programs
in the Annual Report section of the Board of Directors (CPF) to all employees in Head Office, Regional and
Profile. Branch Office working units, including through the
socialization of regulations and the development
of e-learning as well as maintaining a regulatory
database on compliance portal.
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2. Conduct compliance reviews on policies, new 6. Monitor the Bank’s follow-up commitment to the
products, provision of funds to parties related to the results of audits from regulators (FSA and Central
Bank and provision of funds to parties not related to Bank).
the Bank within certain limits. 7. Align several internal policies with reference to
3. Carry out consultative and liaison officer functions. MUFG Global Best Practices.
4. Assist in applications for new product approval from 8. Prepare and/or review the Bank’s internal policies
regulators. in accordance with regulatory changes and
5. Coordinate and monitor compliance with regulations developments.
by related working units.
IMPLEMENTATION OF COMPLIANCE WORK FUNCTIONS
The implementation of the duties and responsibilities of the compliance function during 2024 include:
1. Training and Socialization by CU
In order to carry out its duties to build a compliance culture at all levels of the Bank’s organization and business
activities, CU organized various training and socialization for all Bank employees. Training methods were delivered
directly in classrooms, virtually/online, and through e-learning.
Training and Socialization as of December 31, 2024
E-learning Compliance 2024 In July 2024, CU published E-Learning Compliance 2024 made
mandatory to all Bank Management and Employees.
As of December 2024, the realization of e-learning completion has
reached 98,00% (cut off data for employees who joined as of September
2024).
Training/socialization to working units • Semester 1 - 2024 = 15 training/socialization
• Semester 2 - 2024 = 21 training/socialization
Communicating new provisions/regulations material to the related • Semester 1 - 2024 = 36 new provisions
working units • Semester 2 - 2024 = 53 new provisions
CU collaborated with related working units to discuss the implementation
of compliance with provisions, including matters that must be fulfilled
and implementation targets.
2. Compliance Reviews/Quality Assurance
The CU conducted compliance reviews to ensure that the products, activities and policies issued by Danamon and
programs run by Subsidiaries were not in violation of all regulatory provisions. During 2024, the CU conducted
277 reviews consisting 117 reviews in semester 1 - 2024 and 160 reviews in semester 2 - 2024.
Apart from that, CU also carried out Regulatory Compliance & Assurance (testing) activities to monitor Bank’s
compliance risks and measure the level of compliance of the working unit in carrying out its activities and its
conformity to regulatory provisions.
3. Monitoring the Fulfillment of Prudential Principles
The CU periodically monitored the fulfillment of Bank’s prudential principles in the form of main regulatory
parameters, namely the LLL ratio, GWM, NPL, NOP, Equity and CAR. Bank and its Subsidiaries have properly met
main regulatory parameters as part of the components in measuring compliance risk. Monitoring Subsidiaries’
compliance function is part of the Implementation of the Integrated Compliance Function.
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COMPLIANCE WITH MAIN REGULATIONS 2024
Parameter Notes
Capital Adequacy Ratio (CART) Comply
Minimum Statutory Reserve (GWM) Primary (IDR) Comply
Primary (USD) Comply
Macroprudential Intermediation Ratio (RIM) Comply
Secondary/Macroprudential Liquidity Buffer (PLM) Comply
Non-Performing Loan (NPL) Comply
Net Open Position (NOP) Comply
Legal Lending Limit (LLL) - Individual Comply
Legal Lending Limit (LLL) - Consolidation Comply
Investment Portfolio Comply
4. Compliance Risk Management
Compliance risk management is carried out through the process of identifying, measuring, monitoring and
controlling compliance risks in accordance with the implementation of risk management. The compliance risk
management strategy is implemented through a 3 (three) line of defence scheme. The CU analyses the Bank’s
compliance risks, both as individual and in consolidated manner, as well as integrated compliance risks.
The Compliance risk of the Bank and Subsidiaries were well managed. This is reflected in the compliance risk
profile that fell under 2 rating (Inherent Risk at rating 2, or falling under Low to Moderate and the Quality of Risk
Management Implementation was rating 2, or falling under Satisfactory).
Regarding the Law on Personal Data Protection (UU PDP), the Bank has conducted follow-up actions on the
results of the gapping assessment. on the results of the fulfillment of the gapping assessment, among others:
drafting a privacy policy, ensuring the security of personal data personal data stored and the security of personal
data transfer to other parties cooperating with the Bank as well as exploring the use of technology as a tool for
monitoring the implementation of the PDP Law.
5. Commitment to Regulators
The CU periodically monitored and ensured the fulfillment of follow-up commitments related to the results of audit
conducted by the regulators. During 2024, all audit result commitments submitted by the Regulator were fulfilled
and not overdue. The CU also served as a liaison regarding compliance implementation for internal and external
parties.
6. The implementation of the functions of ICU is disclosed in the Integrated Corporate Governance section of
this Annual Report.
COMPLIANCE WORKING UNIT HUMAN RESOURCES DEVELOPMENT
As of December 2024, The CU had a total of 22 headcounts (including the Head of CU) the majority of whom
had banking experience of more than 5 years with adequate capacity. Danamon always gives opportunities for
Compliance Working Unit employees to increase their knowledge and competence that can help them with their
duties. All Compliance Working Unit employees have taken and earned Risk Management certifications and Sharia
Executive Overview Training to improve competencies including in compliance with Sharia Principles and attending
training/workshops both internal and external.
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The following are the Bank’s strategic plans to mitigate a. Realizing the importance of Compliance Culture
compliance risks related to the implementation of the and increasing the knowledge and awareness of
compliance function during 2025: Bank employees related to the implementation
• Maintain awareness of the importance of Compliance of AML, CFT, and CPF on an ongoing basis, by
Culture through e.g. the application of AML, CFT, conducting face-to-face and online training and
and CPF to all employees in Head Office, Regional or socialization programs including e-learning.
and Branch Office work units, including through Improve the competence of the Bank’s human
socializing regulations and developing e-learning, resources with opportunities to participate
as well as maintaining a regulatory database. in training, webinars or socialization from
• Conduct continuous reviews of internal policies/ Regulators, associations, or other related entities
regulations and work flows including system related to AML, CFT, and CPF.
enhancements (if necessary) to ensure that the b. Periodically review the Bank’s internal provisions
provisions regulated and activities carried out by related to AML, CFT, and CPF in accordance
the Bank remain in compliance with regulatory with developments and changes in applicable
provisions. In 2025, a review of 12 internal policies regulations, including adjustments to internal
will be conducted. provisions consisting of Policies, Operational
• Conduct socialization of new regulations issued by Terms of Reference (KAO), Standard Operational
authoritative bodies including Central Bank, FSA, and Procedures (SOP), and Memorandum.
Financial Intelligence Unit (PPATK) by either blasting c. Conduct regular system development related
the regulations and their summaries via e-mail to the process of customer identification and
to Bank management, heads of related business verification as well as transaction monitoring.
units, or by conducting face-to-face meetings with This is to improve the quality of alerts that are
relevant business units. adjusted to the latest developments, using new
• Continuously strive to improve digital banking technology, and conducting periodic reviews
services that provide convenience to customers with (i.e. process advanced analysis).
priority placed on aspects of information security d. Continue to collaborate and align with global
and consumer protection. standards with the Global Financial Crimes
• Monitor the Bank’s commitment to fulfilling findings Division (GFCD-MUFG), in relation to AML-Know
from the Authority and the Internal Audit Working Your Customer (KYC), and Sanctions programs.
Unit. e. Enhance the Bank’s collaboration and
• Align several internal policies with reference to coordination with other member entities in the
MUFG Global Best Practices. financial conglomeration, related to the alignment
• Implementing the integrated Compliance Function of the implementation AML, CFT, and CPF.
and integrated Corporate Governance of Financial f. Participated in the Global Risk Assessment
Services Institutions (FSIs) within the MUFG Group (GRA) with MUFG, which is a review of the
Financial Conglomeration. Bank’s inherent risk assessment, risk control
• Coordinating with relevant working units to fulfill effectiveness, and residual risk assessment
personal data protection in terms of personal data on AML, Sanctions, and Anti-Bribery and
exchange and fulfillment of personal data subject Corruption (ABC) program topics globally. The
rights. data presented is statistical and does not contain
• Developing the competence and knowledge customer information.
of human resources of the CU by providing g. Assessing the risk of money laundering, terrorism
opportunities to participate in training/workshops. financing and proliferation of weapons of mass
• Conduct regular quality assurance for certain work destruction that could potentially occur in Bank
units to ensure that the Bank’s business activities in based on a risk-based approach called Individual
each business line have complied with applicable Risk Assessment (IRA), in accordance with POJK
regulations. No. 8 of 2023.
• With regards to the implementation of AML, CFT, h. Carry out Quality Assurance (QA) related to FCC
and CFP the Bank will continuously improve its activities and conduct periodic planning of the
ability to implement AML, CFT, and CFP both related scope of QA implementation (FCC QA Plan), in
to technology and non-technology, including: accordance with regulatory developments and
related global standards.
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i. On an ongoing basis, the Bank strives to improve the application of AI into the implementation of
the ability of infrastructure supporting the suspicious financial transaction alert analysis in
implementation of AML, CFT, and CPF, both the AML system.
related to technology, and non-technology,
namely: DISCLOSURE OF ADMINISTRATIVE
1. Continue the enhancement phase of the SANCTIONS BY THE FINANCIAL SERVICES
NICE-Actimize application. AUTHORITY
2. Improve the quality and scope of the Bank’s In 2024, there was no material administrative sanctions
customer screening and risk assessment that had an impact on the continuity of the Bank’s
process. business nor was there any on members of both the
3. Continue to develop the customer transaction BOD and BOC of the Bank given by the Regulator.
monitoring system to improve the quality of
alerts, including conducting periodic reviews
of the parameters/scenarios used for the
monitoring process.
4. Improve the quality of customer data through
system development on various customer
channels, as well as strengthening the
monitoring and control process of customer
data quality.
5. Conduct system development to support
the planned implementation of the reporting
system by the Regulator.
6. Review the use of the latest technology
to support the Bank’s work processes in
implementing AML, CFT, and CPF, such as AI
(artificial intelligence).
7. Improve the accuracy of the screening
process and update customer data with
the help of the Politically Exposed Person
application from PPATK.
8. Developing the EDD form escalation process
to improve the effectiveness of EDD form
filling and monitoring the SLA for EDD form
review fulfilment.
j. Continue monitoring efforts to improve the quality
of customer data on an ongoing basis, both at the
time of opening CIF and new accounts, updating
existing customer data as an annual commitment
to OJK, on an ad-hoc basis as needed, as well as
through the Bank-Wide Annual Data Cleansing
Project to improve existing customer data
and identify solutions to fix the root cause of
customer data quality problems.
k. In order to review the effectiveness of AML
system parameters in 2024, the Bank will test
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THE IMPLEMENTATION OF ANTI
MONEY LAUNDERING (AML),
COUNTER TERORISM FINANCING
(CFT), AND COUNTER
PROLIFERATION OF WEAPON OF
MASS DESTRUCT FINANCING
PROGRAMS (CPF)
ORGANIZATION The Board of Commissioners actively oversees the
To support the implementation of AML, CTF, and CPF, Board of Directors in fulfilling its responsibilities towards
the Board of Directors and Board of Commissioners implementing AML, CTF, and CPF including all the
continuously provide full commitment so that Danamon commitments Danamon has made to the FSA, PPATK,
always complies with the provisions of Financial and on law-abiding reporting to regulators.
Services Authority (FSA), Financial Intelligence Unit
(PPATK), and applicable laws and regulations related to The implementation of the AML, CTF, and CPF at
AML, CTF, and CPF. Danamon is coordinated by the Financial Crime
Compliance (FCC) Division which reports directly to the
Compliance Director with the following organizational
structure:
Compliance Director
Financial Crime Compliance
Quality Assurance Regulatory
Transaction Advisory, Sanction &
& Business Reporting &
Monitoring Head Alert Handling Head
Alignment Head MIS Head
Danamon consistently strives to improve the quality of the implementation of the AML, CTF, and CPF, through active
Management oversight, policy improvement, training program as well as information system improvement, and
through other initiatives.
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The AML, CTF, and CPF Program Implementation 2. Monitoring and Evaluation Process
Framework is described in the Three Lines of Defense a. Monitoring the Quality of Customer Data
concept as elaborated below: The quality and adequacy of customer data is
1. First Line of Defense continuously monitored using several methods
The first line of defense is the most important line of as joint effort of the First Line of Defense and the
defense in preventing the crime of money laundering, Second Line of Defense, as given below:
terrorist financing, and financing the proliferation 1. Monitored the quality of customer data
of weapons of mass destruction, detecting the includes mandatory KYC fields when opening
possibility of the referred crime, and identifying an account.
weaknesses and vulnerabilities in controlling the 2. Updated Data as the Bank’s Commitment
implementation of AML, CTF, and CPF. Danamon’s to FSA. As of December 2024, as many as
front liners are Business/Operational/Control Units 26,726 CIF data had been updated (100%) of
that run day-to-day operations. the predetermined target of 26,726 CIF.
2. Second Line of Defense 3. Monitored customer risk levels through the
The second line of defense is carried out by the FCC AML System using Customer Due Diligence
Working Unit at the Head Office that is responsible (CDD) module to see if there were significant
and tasked with preparing applicable methods and changes in risk value and when opening high
tools that the first line can use to carry out its duties risk-bearing new accounts or PEP. As of
and responsibilities, prepare adequate policies and December 2024, as many as 33,622 alerts
procedures, systems and training, and ensure that had been monitored for which follow ups had
the first line of defense has performed its function been made with a request for corrections or
effectively. adequacy of data/information on incomplete
3. Third Line of Defense /insufficient data.
This function is carried out by Internal Audit Working 4. Monitored the results of screening on new
Unit (IAU) to ensure that the implementation of the customers through the Watch List Filtering
AML, CTF, and CPF in the first line and second line (WLF) module in the AML System. This is
of defense run effectively. basically a screening process for the opening
of a new CIF against the Bank’s PEP and
IMPLEMENTATION OF THE AML, CTF, AND Negative List data, using the World Check
CPF PROGRAM DURING 2024 database (including OFAC) and DTTOT - WMD
Proliferation. As of December 2024, as many
1. Evaluation of Policies and Procedures as 34,661 alerts on screening result had been
a. To comply with the provisions of the Financial analyzed. There were 167 positive hit alerts
Services Authority and other provisions on the with PEP data that required Branches or other
implementation of AML, CTF, and CPF, the Bank related work units to make data correction
has made improvements on this subject with the or adjustment, and another 75 alerts related
issuance of 26 additional provisions. to negative news which had been followed
b. Danamon has reviewed 177 draft policies and/ up with further review and analysis and had
or new products and application forms based been escalated to the relevant Regulator.
on requests from working units to ensure their 5. Conducted routine screening on all existing
suitability with the implementation of the AML, CIFs as one of the methods to monitor
CTF, and CPF. customers in order to ensure they were not
c. Published information about the implementation PEP or fell under the Negative List (DTTOT,
of the AML, CTF, and CPF on Danamon official WMD Proliferation, Negative News and
website provides information related to the Bank OFAC). From the results of this screening,
General Policy, US Patriot Act, Wolfsberg AML by the end of 2024, as many as 151,979 CIF
Questionnaire. had been identified as CIF hits related to e.g.,
PEP and Adverse news related to AML, CTF,
CPF, and Sanctions, for which branches, and
relevant work units has made data corrections
or adjustments and taken necessary follow-
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up actions. method of monitoring customer transactions.
6. The quality of customer data was also
continuously monitored as a follow-up action 3. Training and Socialization
on the customer transaction monitoring Organized online and offline training program
process conducted by the Transaction for new and existing employees, including the
Monitoring Unit. As of December 2024, as AML, CTF, and CPF training for Danamon Bankers
many as 567 CIFs had been requested from Trainee, socialization of new policies regarding
branches to update or adjust data so the POJK No. 8 of 2023 concerning AML, CTF, and CPF,
referred branches can keep the most updated and Refreshment procedures KYC and Sanctions
customer data/profiles. for BSM. During 2024, FCC organized 27 training
sessions on AML, CTF, and CPF topics.
b. Quality Assurance
In order to ensure the implementation of the FCC created an AML, CTF, and CPF e-learning
AML, CTF, and CPF, FCC conducted monitoring refreshment and launched it in August 2024. All
& testing in working units in coordination with employees required to take AML, CTF, and CPF
the Head Office team and the Branch Control e-learning (Bank-Wide) as a mandatory training.
Operational team. Branch inspections were As of December 2024, 98.31% of Danamon
then adjusted to the Branch Control Visit Plan management and employees had completed
Schedule for the referred branches to assess e-learning (Employee cut off data as of September
awareness, effectiveness, and data quality on 2024).
the implementation of the AML, CTF, and CPF
against the governing provisions. 4. Reporting
Danamon has carried out reporting activities as
The implementation of Quality Assurance in 2024 determined by the Regulations. These reports are
was conducted in 12 (twelve) high complexity Suspicious Transaction Report (STR/LTKM), Cash
branches in the Jakarta, West Java, East Java, Transaction Report (CTR/LTKT), International Funds
and Sumatra areas. Periodically, FCC conducted Transfer Instruction reports (IFTI/LTKL), and the
inspections which included inspections on Integrated Service User Information System Report
reporting to regulators; customer transaction (SIPESAT). Furthermore, Danamon has also given
monitoring activities; transaction screening responses to requests for data and information
activities and screening for new customer from external parties (PPATK, FSA, Corruption
acceptance, as well as List Management Eradication Commission (KPK), Central Bank (BI),
activities.
c. High Complexity Branches
In order to evaluate the AML, CTF, and CPF risks
at each of Danamon’s branches while remaining
in compliance with FSA regulations on AML,
CTF, and CPF, the Bank had identified branches
exposed to high complexity. This determination
was made based on several aspects including the
number of customers, the number of customers
who had high risk and also the historical cash
and non-cash transactions made in each branch.
The Bank used the results of this determination
to determine which branch to visit and as a
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Law Enforcement Agencies and other third parties).
The following is the number of reports and responses to requests for information from external parties that had
been made up to December 2024:
Total Reporting 2024
STR CTR IFTI SIPESAT Response to External Party Letter
1,476 41,493 112,533 486,975 CIF 821
5. Management Information System
Danamon has made improvements to the transaction/customer profile monitoring and screening application (AML
System) in order to improve control and effectiveness in identifying suspicious transactions using parameters that
are adjusted periodically, including:
• System enhancements in 2024 to improve the Transaction Screening process, the Transaction Monitoring
process related to the creation of alerts and the single CIF approach, and determining the risk level of
customers and Beneficial Owners (BO).
• Development of Pre-Screening Onboarding API from the AML System.
Furthermore, Danamon also improved the reporting application to PPATK (GoAML), with the aim of improving
control, accuracy and adequacy of information in transaction reports submitted to PPATK. These improvements
included:
• System development to support the implementation of the Teller Assisted Unit (TAU).
• Improvement in XML reporting process and improvement of application performance.
• Development related to the adequacy and accuracy of customer data, as one of the Pilot Banks with PPATK in
the initiative to resolve data masking and dummy data problems.
6. Auditing
At the end of October 2024, the examination of AML, CTF, and CPF implementation by the Internal Audit Working
Unit (IAU) was ongoing until the end of December 2024 with an audit period of August 1, 2023 to September
30, 2024. The audit process is entering the fieldwork stage until mid-January 2025 and the audit report will be
released in February 2025.
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INTERNAL AUDIT
WORKING UNIT (IAU)
STRUCTURE AND POSITION OF IAU In accordance with the Integrated Internal Audit Charter
Internal Audit Working Unit at PT Bank Danamon that has been approved by the President Director
Indonesia Tbk (Danamon) is a member of Integrated and Board of Commissioners, IIAU has access to all
Internal Audit Working Unit (IIAU) of MUFG group Danamon’s and Subsidiaries’ activities, functions,
Financial Conglomeration, which Danamon as the data, records, property, and personnel by complying
Main Entity. IIAU Danamon is an independent function with the prevailing laws and regulations, profession
directly responsible to the President Director. To support confidentiality, and personal rights, and ensure the
independency and monitoring of the implementation application of the anti-tipping off principle in auditing
of internal audit programs, the Chief Internal Auditor Anti-Money Laundering (AML) and Countering
(Head of IIAU) is also directly responsible to the Board Financing of Terrorism (CFT).
of Commissioners through the Audit Committee. IIAU
aims to provide independent and objective views IIAU reports audit activities and significant audit
in conducting assurance activities and providing findings including recommendations for corrective
consultation services to the Board of Commissioners action that have been submitted to the related units, to
and Board of Directors, as part of continuous control the President Director and Board of Commissioners via
process and risk management within the Company. Audit Committee and Compliance Director.
IIAU aims to be a business partner that provides added In addition to complying with the Danamon’s Code of
value in fostering a robust control culture to support Conduct, IIAU is also guided by the Integrated Internal
Danamon and its subsidiaries to achieve their long-term Audit Charter and Auditor’s Code of Conduct, which
goals by referring to Global Internal Audit Standards regulate the establishment and function of Integrated
from The Institute of Internal Auditors (IIA), Central Internal Audit Working Unit (IIAU) and include auditor’s
Bank (CB) regulation, Financial Services Authority professional standard as defined in Global Internal Audit
(FSA) regulation, and Company’s Code of Conduct. Standards by The Institute of Internal Auditors (covering
IIAU assists the management in accomplishing its the principle of integrity, objectivity, confidentiality, due
objective by bringing a systematic and disciplined professional care, and competency.
approach to evaluate and improve the effectiveness of
risk management, control, and corporate governance
processes.
IIAU ORGANIZATION STRUCTURE
President Director Audit Committee
Chief Internal Auditor
Yenny Linardi
Audit & Fraud
Product & IT Audit & Branches Fraud Investigation
Credit Audit
Support Audit Analytics Audit Investigation Strategic
Group Head
Group Head* Group Head Group Head Head Development
Group Head
* covering Treasury & Operations Audit
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Appointment, Dismissal, and Legal Basis for Appointment of Head of IIAU
The Head of IIAU is appointed and dismissed by the President Director with the approval from the Board of
Commissioners. The appointment and dismissal of the Head of IIAU should be reported to FSA along with by the
reasons for appointment/dismissal.
Since August 12, 2019, IIAU has been led by Yenny Linardi as Chief Internal Auditor (Head of IIAU) replacing Nathan
Tanuwidjaja as an acting Head of IIAU, based on appointment letter No. B.194/HCKP/0819 and this appointment has
been reported to FSA based on Director Letter No. B.748 – DIR dated August 15, 2019 regarding Report on Dismissal
of the Acting Head of IIAU and Appointment of the Head of IIAU in PT Bank Danamon Indonesia Tbk (Company).
Head of IIAU Profile
Obtained Bachelor’s degree in Economics from Trisakti University,
Jakarta. Joined Danamon as Chief Internal Auditor since August
2019. Previously, she worked at DBS Bank for almost 11 years as Chief
Internal Auditor. She had worked at Danamon in 2004-2008 with the
last position as Head of Branches Audit and previously at BCA (1989
– 2004) with the last position as Head of Analytical Review, Head
Yenny Linardi Office Audit.
Head of IIAU
Duties and Responsibilities of IIAU
IIAU has duties and responsibilities, among others:
a. Develop an annual audit plan, budget and resources needed using risk-based methodology and implement the
approved annual audit plan, including special tasks/projects;
b. Review and provide recommendation on the annual audit plan of subsidiaries’ Internal Audit;
c. Improve the adequacy of knowledge, skills, experience, and professional certifications;
d. Monitor and review the internal audit implementation in subsidiaries;
e. Prepare and submit reports to FSA in accordance with the prevailing regulations, e.g., Internal Audit realization
and summary of audit result report, special report on each audit issue deemed to disrupt the continuity of the
Bank, report on Quality Assurance Review of IIAU by external party, and report of Information Technology audit;
f. Communicate with FSA at least once in 1 (one) year;
g. Convey compliance of sharia principles to Sharia Supervisory Board and appoint at least one (1) IIAU member who
has knowledge and/or understanding of sharia Banking operations;
h. Recommend corrective actions for audit findings to related units, monitor and ensure that management actions
have been effectively and efficiently implemented; or Senior Management had accepted risks that could not be
mitigated yet;
i. Conduct regular coordination meetings with the subsidiaries’ Internal Audit at least every quarter;
j. Develop program to evaluate the quality of internal audit activities that have been performed;
k. Determine the internal audit execution strategy for subsidiaries.
Duties and responsibilities are regulated in the Integrated Internal Audit Charter and stated in the Integrated Corporate
Governance Report.
Internal Audit Priorities in 2024
IIAU has conducted the following activities to strengthen internal audit functions in 2024:
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a. Based on POJK No. 1/POJK.03/2019 regarding the f. Continue to develop data analytic functions by
Implementation Standard of Internal Audit Function continuing to develop the scope of the data analytics
for Commercial Banks, external Quality Assurance and develop continuous auditing to timely detect
Review (QAR) on IAU Danamon function was weakness of control/process. In addition, IAU has
reviewed by PT PricewaterhouseCoopers (PwC) in also started developing machine learning to identify
2024, with review period July 2021 until June 2024. risk in SME Credit (in the monitoring stage of model
The External Quality Assurance Review was started accuracy level) and EB credit (in the initial stage of
since June 2024 and the review results report has project initiation which involving vendor).
been submitted to FSA on August 27, 2024. g. Increasing the number of project life cycle review
b. Continue with audit priorities and perform continuous engagement for several projects to identify issues
monitoring on High and Moderate to High risk related to governance, and to avoid and reduce new
entities, and also with extensive branch network. issues of related project (before product or system
c. Enhancement on Enterprise Banking (EB) to align launching).
with Danamon strategy, i.e. to align EB credit review h. Coordinate with MUFG Internal Audit Division to
process with MUFG methodology, performing EB refine audit method related to implementation
portfolio quarterly monitoring, increasing EB audit of Environment, Social, and Governance (ESG),
coverage and addition of EB auditor, and improving including adding credit audit process related to
ability of EB credit audit staff by sending audit team Danamon’s anticipation of climate change risk.
leader to participate in MUFG One Audit Program i. Continue to implement agile audit approach to
that conducted audit on MUFG entity – Credit improve audit process thus nimbler and more
Examination Hongkong Branch. iterative.
d. Focus on reviewing emerging risks and risk j. Continue to increase auditor competency through
associated to new/developing Danamon initiatives trainings, knowledge on regulation (such as training
and process. on sharia principles related to implementation of
e. Continue to collaborate with Branch Network, sharia governance), product, and procedures, as
Branch Control, and Operational Risk Management well as risk management and audit process and
to strengthen the Bank’s internal control environment professional certification, including join MUFG One
through several initiatives such as: Audit Program which auditor participated in audit
- Involved in the bank-wide GRC (Governance, that held by MUFG Regional Asia Internal Audit
Risk & Compliance) projects by providing input Office (AIAO) in MUFG Hong Kong (for credit risk
on risk and control assessment which performed review) and Krungsri (cybersecurity audit).
by line of business (LOB). k. As part of Sharia Governance implementation, Chief
- Provide sharing knowledge (session) regarding: of Internal Auditor has attended training related with
• Methodology/ audit approach (e.g. test of Sharia aspect for Executive Officers; which was also
control design and effectiveness) to Quality attended by IAU personnel responsible for audit on
Assurance representatives of all LOB and Sharia Business Unit.
through Guest Auditor program in IAU; and l. Continue the quality assurance process and
• Strengthening of internal control in Branch improvement program (QAIP) by benchmarking with
unit via Branch Control forum and Regional the internal audit best practices in banking industry
Transaction Service Head (RTSH) workshop. (IAU Danamon and MUFG) and financing industry
- Periodic discussion with Risk Management unit (Internal Audit Unit PT Adira Dinamika Multi Finance
and Compliance unit related with important risks Tbk (ADMF) and Home Credit Indonesia).
and controls. m. Perform joint audits with Internal Audit unit of ADMF.
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n. Align audit coverage and methodology with MUFG, specifically in the areas of Sarbanes-Oxley Act (SOX) and
Volcker Rules.
o. Continue to perform its role as main entity IA of the MUFG Group Financial Conglomeration such as conduct
regular meeting, monitoring planning, implementation, and evaluation of internal audit function at each entity
member, as well as monitoring key internal control gaps & implementation of their resolutions in each entity
member.
Audit Plan and Realization as of December 31, 2024
In 2024, IIAU has conducted the following internal audit engagements:
1. IAU Danamon has conducted audit in 161 entities in Danamon:
Audit Plan & Realization as of December 31, 2024
Danamon 2024 Audit Plan 2024 Audit Realization
Head Office Audit 26 26a)
Regional Office Audit 14 17b)
Branches Audit 118 118c)
Total Audit 158 161a)
a) Not Including consultative review reports (Unrated), i.e. Post-Implementation Review QRIS Payment service with Credit Card, Implementation Review Multi Factor
Authentication (MFA) and SMS Autofill feature in D-Bank Pro, and Pre-Implementation Review QR Cross Border Payment Services.
b) The difference between audit realization and audit plan is due to additional audits on EB Region (3 entities) to fulfil the EB sampling methodology.
c) Including 7 branches cluster entities which cover 32 branches (objects) with low risk level.
2. Internal audit activities in ADMF were performed by the Internal Audit unit of ADMF or IAU Danamon, or jointly with
IAU Danamon.
Audit Plan & Realization as of December 31, 2024
ADMF 2024 Audit Plan 2024 Audit Realization
Head Office Audit 7 8a)
Regional Office Audit 30 30
Branches Audit 130 130
Total Audit 167 168a)
a) The difference between audit realization and audit plan is due to additional 1 audit entity ADMF Head Office i.e. Portfolio related review of
ADMF’s business growth in 2024.
Development of Human Resources
As of December 2024, the total number of personnel of IAU Danamon was 128 personnel residing in the head office
and regional audit offices across Jakarta, Surabaya, and Makassar. Moreover, the Internal Audit of ADMF had 63
personnel.
To maintain the standardization of human resource quality, IAU together with the Human Capital Development
Division has developed a competency matrix, which is a roadmap for every auditor and team leader to participate in
the trainings and certifications to meet the required competencies at every level.
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As of December 31, 2024, the following professional certifications have been obtained by IIAU staff
International Certification # Person
Certified Internal Auditor (CIA) 8
Certified Fraud Examiner (CFE) 1
Certified Ethical Hacker (CEH) 2
Certified Information System Auditor (CISA) 5
Certified Information System Manager (CISM) 1
Certified in Risk and Information Systems Control (CRISC) 1
Financial Risk Manager (FRM) 1
Certified Anti-Money Laundering Specialist (CAMS) 1
Certified in Risk Management Assurance (CRMA) 1
Commercial Loans to Business (CLB) 22
Financial Accounting for Lenders (FAL) 24
Minimizing Problem Loans (MPL) 2
Certified Anti Fraud Manager (CAFM) 2
Certified Professional Management Accountant (CPMA) 1
Chartered Accountant (CA) 1
Certified ISO 27001:2013 Lead Auditor 1
Certified ISO 27001:2022 Lead Auditor 8
Certified ISO 27001:2022 Lead Implementer 2
Certified ISO 20001-1: 2018 Internal Auditor 3
Certified COBIT 2019 Foundation 1
Certified in Cybersecurity 2
ISO/IEC 27001 Information Security Associate Issued 1
Governance, Risk and Compliance Professional (GRCP) 1
Governance Risk Compliance Auditor (GRCA) 1
Data Privacy Solutions Engineer (CDPSE) 1
IBM Certified Advanced Database Administrator 1
IBM Certified System Administrator - WebSphere Application Server Network Development V.8.5.5 1
National Certification # Person
Qualified Internal Auditor (QIA) 41
Risk Management Certification (SMR), Level 5 17*
Risk Management Certification (SMR), Level 6 1
Bank Internal Audit Certification – Auditor level 3
Bank Internal Audit Certification – Supervisor level 1
A to Z Sharia Banking 8
Islamic Banking: Funding & Financing 1
Basic Financing Management Certification by Lembaga Sertifikasi Profesi Pembiayaan Indonesia (SPPI) 9
* 3 other auditors will take the examination of SMR Level 5 in semester I 2025.
2024 TRAINING AND WORKSHOP
#Person
No IIAU #Training & Workshop Mandays
YTD December 31, 2024
1 IAU Danamon 128 staff 92 7 days
2 Internal Audit Unit ADMF 63 staff 74 9 days
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COMPANY ACCOUNTANT/
EXTERNAL AUDITOR
APPOINTMENT OF COMPANY ACCOUNTANT
The Danamon AGMS held on March 22, 2024 approved the appointment of Elisabeth Imelda as a Public Accountant
(AP) and Public Accounting Firm Liana Ramon Xenia & Rekan (member of Deloitte Southeast Asia Limited) as a KAP
registered within the Ministry of Finance and Financial Services Authority (FSA) (as regulated in the Regulation of the
Minister of Finance Number 186/PMK.01/2021 and the Regulation of the Financial Services Authority Number 9 of
2023) and also registered within the Indonesian Institute of Public Accountants (IAPI) to do the audit on Danamon’s
consolidated financial statements for the 2024 financial year. Pertaining to the appointment, the Bank had considered
the recommendations from the Audit Committee to determine the audit fee and other prerequisites.
The appointment of AP and/or KAP who provided audit services for annual historical financial information had
been decided by the General Meeting of Shareholders after due consideration on the opinions of the Board of
Commissioners. The appointment of AP and/or KAP as proposed by the Board of Commissioners had also considered
recommendations from the Audit Committee, who during the preparations took into account:
a. Independency of AP, KAP, and KAP’s human resources;
b. Audit scope;
c. Audit Fee;
d. Expertise and experience of AP, KAP, and KAP’s Audit Team;
e. Audit methodology, techniques and tools used by KAP;
f. Benefits of fresh eye perspectives obtained through the replacement of several of KAP’s Audit Team members;
g. Potential risks that might arise from using audit services by the same firm consecutively over a fairly long period
of time;
h. Recommendation for improvement provided by AP and KAP.
OTHER SERVICES THAN FINANCIAL AUDIT
During 2024, the appointed KAP Network also provided other services than audit to Company and Subsidiary
amounted to IDR276 million.
AUDIT PERIOD AND ACCOUNTANT FEE
The following table gives the list of AP and/or KAP that provided financial audit services and fees rewarded to them:
Fiscal Name of Accountant
Public Accounting Firm Audit Fee *)
Year (Individual)
2024 Liana Ramon Xenia & Partners Elisabeth Imelda IDR5.950 billion
(a member firm of Deloitte Touche Tohmatsu Limited)
2023 Imelda & Partners Elisabeth Imelda IDR5.950 billion
(a member firm of Deloitte Touche Tohmatsu Limited)
2022 Imelda & Partners Elisabeth Imelda IDR5.730 billion
(a member firm of Deloitte Touche Tohmatsu Limited)
2021 Imelda & Partners Elisabeth Imelda IDR4.730 billion
(a member firm of Deloitte Touche Tohmatsu Limited)
2020 Tanudiredja, Wibisana, Rintis & Partners Lucy Luciana Suhenda, SE,Ak,CPA IDR6.400 billion
(a member firm of the PwC global network)
*) include Subsidiary’s audit fee
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EXTERNAL AUDIT IMPLEMENTATION EFFECTIVENESS
The Audit Committee has reviewed the effectiveness of the audit work, including ensuring its conformity to the
applicable audit provisions, professional standards, work agreements scope, and independency. The Audit Committee
periodically holds meetings with AP and/or KAP to discuss progress made in the audit work and how audit matters
were being examined.
Audits carried out by a AP and/or KAP on Danamon’s consolidated financial statements have been carried out
independently, professionally and objectively, as elaborated below:
a. All material accounts have been audited based on applicable Professional Standards for Public Accountants and
compliance with applicable Accounting Standards in Indonesia.
b. The audited consolidated financial statements have been delivered to Management with attached recommendations
(if any).
Evaluations on annual historical financial information are made by the Audit Committee for AP and/or KAP through
the following:
1. The conformity of audit by AP and/or KAP’s to all applicable audit standards;
2. The adequacy of time for field work;
3. Review of the scope of services rendered and the adequacy of samples used; and
4. Recommendations for improvement suggested by the AP and/or KAP.
RELATIONS BETWEEN BANK, PUBLIC ACCOUNTANTS AND FINANCIAL SERVICES AUTHORITY
As the audited, Danamon openly provides data and information that the AP and/or KAP may need in conducting
the audit. Auditors (AP and/or KAP) independently do examinations and give suggestions and recommendations for
improvements to Danamon’s Management for immediate follow-ups.
The Bank has communicated and cooperated with external auditors on issues on accounting policies pertaining to fair
presentation of financial statements. The audit results have been communicated by AP and/or KAP to Management,
the Audit Committee and the FSA.
392 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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RISK MANAGEMENT
Danamon continuously improves risk management oversight function and provide recommendations
implementation within the Bank and its Subsidiaries based on independent professional opinions
to be in line with regulation development, risk and to the BOC regarding the framework and risk
business complexity. Risk management implementation management policies that are consistent with the
is intended to identify, measure, monitor and control Bank’s risk appetite. Additionally, the Risk Oversight
various potential risks in all lines of business and Committee conducts monitoring and evaluate
supporting units. the implementation of tasks of Risk Management
Committee and Risk Management Working Unit in
IMPLEMENTATION OF RISK MANAGEMENT the implementation risk management, as well as
The approach taken to in supporting the effective provides independent professional opinion to BOC
implementation of risk management is to carry out and recommendation to the BOD for considerations
a holistic approach to manage Danamon’s risks in a in strengthening the risk management framework.
comprehensive manner that includes 4 pillars, namely: b. Risk Management Committee
a. Active supervision of the Board of Commissioners, At the BOD level and responsible for evaluating
Board of Directors, and Sharia Supervisory Board and providing recommendations to the President
(SSB). Director related to the Bank’s risk management,
b. Adequacy of risk management policies and including the risk management of the Sharia
procedures, as well as risk limit setup. Business Unit and the fulfillment of Sharia principles
c. Adequacy of risk identification, measurement, in accordance with the recommendations of
monitoring, and control of risk management, as well the SSB.
as the risk management information system.
d. Internal control system. Risk Management Committee oversees 2 (two) Sub-
Committees as follows:
This is in line with practices in the Banking industry and • Sustainability Sub-Committee
in accordance with the applicable Financial Services The main role of Sustainability Sub-Committee is to
Authority regulations (POJK). monitor the implementation of Sustainable Finance.
The Chairman of the Sustainability Sub-Committee
Danamon has a Risk Management function that is is the Director of Sharia & Sustainability Finance. The
centralized and independent from Risk Taking Unit members consist of several Directors and appointed
(RTU). The Risk Management function includes the executive officers.
management of the main inherent risks in the Danamon’s
and Subsidiaries’ activities. The implementation of • Information Disclosure Sub-Committee
the risk management function is carried out by Risk Information Disclosure Sub-Committee is
Management Directorate, which responsible to the established in order to comply with MUFG Bank
Risk Management Director. Danamon and Subsidiaries, requirement to ensure that the Sub-Committee has
both individually and consolidated, have applied Risk reviewed, deliberated and concluded the accuracy
Management consistently to manage risk exposures and appropriateness of financial reporting. In
in their business activities. Specific discussion on the addition, the sub-committee need to ensure that
implementation of risk management is disclosed in the framework for internal control over financial
the chapter Operational Review with Sub chapter Risk reporting has been properly designed and enhanced.
Management in this Annual Report. The Chairman of the Information Disclosure Sub-
Committee is the Finance Director. The Permanent
Supervision of Board of Commissioners and Board of Members are several appointed Directors and
Directors officers.
The Board of Commissioners (BOC) and Board of
Directors (BOD) actively supervise the implementation Moreover, a full explanation of Risk Management
of risk management through the committees: Implementation including Sharia-related risk
a. Risk Oversight Committee management is available in the chapter Operational
With the highest authority at the BOC level. The Risk Review with Sub chapter Risk Management of this
Oversight Committee is responsible for carrying out Annual Report.
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PROVISION OF FUNDS TO
RELATED PARTIES AND LARGE
EXPOSURES
No Provision of Funds Nominal (in IDR Milion)
1 Related Parties 1,887,650.65
2 Largest Group/Debtor (20 Groups) 55,797,171.45
Danamon limits the concentration of loans to individuals, The calculation of LLL refers to Financial Services
groups or industry sectors to reduce concentration risk Authority Regulation (POJK) No.32/POJK.03/2018
to certain parties which is one of the causes of Bank concerning Legal Lending Limit and Provision of
business failure. Provision of funds to Related Parties Large Funds for Commercial Banks and POJK No.38/
and Subsidiaries is carried out at arm’s length and in POJK.03/2019 concerning Amendments to POJK
accordance with applicable regulations and must No.32/POJK.03/2018 concerning Legal Lending Limit
obtain Compliance Review Results (HKK) from the and Provision of Large Funds for Commercial Banks.
Compliance Working Unit and approval from the Board
of Commissioners. The implementation of Risk Management is described in
full in the chapter Operational Review with Sub chapter
During 2024, there were no violations or exceedances Management of this Annual Report.
of Legal Lending Limit (LLL) to Related Parties, Non-
Related Parties both Individuals and Borrower Groups
and State-Owned Enterprise.
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INTERNAL
CONTROL SYSTEM
Internal Control is an integrated methodology, policy, procedure, and organizational setting that aimed to identify,
measure, monitor, and control risks arise from Danamon’s and Subsidiaries’ activities with a risk-based approach.
Danamon’s and Subsidiaries’ internal control is conducted covering all aspects of business both from the Assets and
Liabilities sides.
Risk Management and Internal Control framework in Danamon adopts Three Lines of Defense approach as shown in
diagram below:
Board of Commissioners Supervision
Board of Directors Supervision
First Line of Defense Second Line of Defense Third Line of Defense
Line of business, operational working units The Risk Management Directorate and The Internal Audit Working Unit (IAU) has a
and other supporting working units responsible Compliance Working Unit have the role of role in evaluating the implementation of risk
for day-to-day risk management in each independently monitoring risk and compliance. management, internal control and governance
working unit. carried out by the First and Second Lines of
Defense.
All lines of defense should be responsible for the internal control management of each respective working unit in
Danamon and Subsidiaries. Furthermore, in the first line of defense (business unit/supporting function) has been
established Quality Assurance function to evaluate the implementation of internal control by the unit.
Assessment to each working unit have been carried out periodically. The implementation of quality assurance is
regulated in the procedure (SOP) based on Danamon’s Quality Assurance Policy/Framework. Awareness program
on internal control in working units has been routinely carried out by the Quality Assurance function. In principle,
internal control is not only the task of the Quality Assurance function, but it is the duties and responsibilities of the
entire working unit in Danamon.
Evaluation of Effectiveness Level on Internal Control System
The Internal Audit Working Unit (IAU) which is part of Internal Control System conducts audits to ensure the
effectiveness of Danamon’s internal control, through an independent and objective evaluation of the adequacy and
effectiveness of risk management, control and governance. The result of evaluation over implementation of internal
control system is one of the references for management to determine the effectiveness of the internal control system
implementation and perform improvements, among others, in the form of updating policies/ procedures/ systems.
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LEGAL ISSUES AND SIGNIFICANT
CASES FACES BY THE COMPANY,
ITS SUBSIDIARIES, MEMBERS OF
THE BOARD OF DIRECTORS AND/
OR COMMISSIONERS
Legal issues covered civil and criminal cases faced by Danamon and its Subsidiaries during the reporting year and
have been submitted for the court process.
Legal Cases Involving Danamon
Amount of Cases
Cases Faced by Danamon Impact on the Condition of Danamon
Civil Criminal
Has been closed and/or settled 135 14 Case that has no material financial impact on
(valid and binding) Danamon
On going and/or In settlement process 137 14 On-going legal process that have not been final
and therefore have not caused any obligation to
Danamon
Note:
All civil and criminal cases faced by Danamon during the reporting year have been submitted to the court and investigation processes. The recapitulation of total cases in
2024 was the same as the data as of December 2024.
Legal issues Involving the Board of Commissioners and the Board of Directors Members
Legal Issues Faced by Members of the Board of Amount of Cases
Impact on the Condition of Danamon
Commissioners and Directors Civil Criminal
Has been settled - - None
(valid and binding)
On-going and/or in settlement process - - None
Legal issues Involving Subsidiaries
Legal issues Involving Amount of Cases
Impacts on the Condition of Subsidiary
PT Adira Dinamika Multi Finance Tbk Civil Criminal
Has been settled - - None
(valid and binding)
On-going and/or in settlement process - - None
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SIGNIFICANT CASES
AGAINST DANAMON
The following are significant cases against Danamon CIVIL CASE AGAINST PT FIREWORKS
in 2024. All significant cases are continuations of the VENTURES LTD
previous years. The plaintiff (PT Fireworks Ventures Ltd) was the
purchaser of the receivables toward PT Griya Wijaya
CIVIL CASE FILED BY PT BIDAKARA TARUMA Prestige (portion of PDFCI Bank’s receivables based on
SAKTI a 1995 syndicated credit agreement – “1995 Syndication
PT Bidakara Taruma Sakti (“Customer”) was a customer Loan Agreement”) from PT Millennium Atlantic Securities
of Danamon who filed a lawsuit based on argument in 2005. Previously, PT Millennium Atlantic Securities
that Danamon had committed an unlawful act due to purchased such receivables from the National Banking
the negligence of its former employees in which a third Restructuring Agency (“BPPN”) in 2004. Under the
party was able to withdraw the Customer’s funds. 1995 Syndication Loan Agreement, PDFCI Bank also
acts as both facility and collateral agents. PDFCI Bank
The Customer claimed a total compensation of merged into Danamon in 1998 (and, therefore, all PDFCI
IDR133,941,635,054 and a request for confiscation of rights and obligations were transferred to Danamon).
collateral over Danamon head office building in South PT Fireworks Ventures Ltd filed a civil lawsuit claiming
Jakarta. that Danamon (in its capacity as collateral agent based
on the syndicated credit agreement) did not submit a
The South Jakarta District Court has issued a verdict that loan security document (which was provided by PT
rejects all claims of the Customer. The Customer then Griya Wijaya Prestige) when Danamon’s (ex-Bank
filed an appeal through the Jakarta High Court in which PDFCI) portion of the receivables was transferred to
the court ruled in favor of the Customer and ordered BPPN. The plaintiff claimed a total compensation of
Danamon to pay compensation of IDR18,000,000,000. IDR3,415,699,324,000 and a request for confiscation of
Based on the verdict, Danamon filed an appeal for collateral over Danamon’s head office building in South
cassation to the Supreme Court. The Supreme Court Jakarta. The South Jakarta District Court issued a
issued a verdict in favor of the High Court’s decision, verdict stating that the South Jakarta District Court had
which was valid and binding. no authority over the case in October 2022. The Jakarta
High Court issued a verdict that ruled in favor of the
After considering inputs from various parties (including South Jakarta District Court in August 2023. As of the
legal advice), Danamon Management decided to date of this report, the Plaintiff has not filed an appeal
implement the verdict at the cassation level. Cassation against the verdict of the Jakarta High Court. Thus, the
level verdict was implemented in January 2024 in which decision was considered valid and binding and the case
Danamon paid compensation of IDR18,000,000,000. was dismissed.
Thus the case was closed.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 397
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TRANSPARENCY OF BANK’S FINANCIAL
AND NON-FINANCIAL CONDITION
Access to company information and data in the form of financial and non-financial condition is regularly disclosed
through mass media, public expose and through analyst briefing forums and websites. Reports on financial and
nonfinancial condition are prepared and submitted to regulators and other institutions in accordance with applicable
regulations. Reports on financial condition include Quarterly Published Reports, Published Financial Reports, Annual
Reports and non-financial reports include Good Corporate Governance report, information on Products/ Services,
Branch Networks and other non-financial information.
The following are the reports and information that have been disclosed and accessible via Danamon website
(www. danamon.co.id):
Type of Information Publication Content
Financial Information
Monthly Report Montly Summary of monthly financial performance published in
accordance with FSA regulations through the Bank’s website.
Quarterly Report Quarterly Consolidated financial statements in accordance with Financial
Accounting Standards in Indonesia, published through the
Bank’s website.
Published Financial Statement Quarterly Summary of financial performance published in accordance with
FSA regulations through the Bank’s website and newspapers.
Parent Entity Report Semester Summary of the Parent Company’s financial performance
published in accordance with FSA regulations through the
Bank’s website.
Investor & Analyst Presentation Report Quarterly Key Financial and non-Financial information.
Annual Report Annually Financial and non-financial information, business segments,
product information, and profit.
Other Report: Quarterly Information related to Financial Ratios published in accordance
• Basel III Leverage Ratio Disclosure with FSA regulations through the Bank’s website.
• Laporan Publikasi Eksposur Risiko dan Permodalan
• Equidity coverage Ratio Disclosure
• Net Stable Funding Ratio
Non-Financial Information
Product/Service Ad hoc Information on products and services offerings.
Branch Network Ad hoc Summary of Financial Performance according to FSA.
Management and Ownership Ad hoc Information on the management and ownership structure.
GCG related Policies Ad hoc Information on corporate governance policies of Bank.
GCG Report Annually Information on corporate governance implementation of Bank
and result of corporate governance assessment.
Base Lending Rate Publications Report Monthly Information related Prime Lending Rate.
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REMUNERATION POLICY
REMUNERATION POLICY PREPARATION The following guidelines are used to determine the
PROCESS amount of employee salaries:
Danamon considers it important to apply good 1. Danamon implements a Clean Wage system where
remuneration philosophy and principles to maintain it only rewards employee with one salary without
remuneration levels at Danamon competitive in the allowances.
market that will motivate employees to make the best 2. Danamon uses the salary structure as a guide to
contribution to and support Danamon’s business determine minimum and maximum salaries for a
continuity and mission to become a leading financial certain level.
institution in Indonesia. 3. Payment Reference for a position in the market is
based on:
The remuneration policy aims to regulate the process • Company business strategy
and approach to determining remuneration for members • Benchmark with market for similar positions
of the Boards of Directors and Commissioners and 4. The amount of employee salaries varies depending
employees based on their work, contribution to on:
Danamon, and equality in the market for the same • Skill competency
position. • Performance
• Experience
To ensure independency in employee remuneration in • Scarcity of positions in the market
the control unit, each of the employees is given Key 5. The lowest employee salaries are determined with
Performance Indicator (KPI) as a measuring tool for their due consideration on the minimum wage set in areas
performance that is not related to KPIs in the working where the employees are stationed.
unit they oversee.
Based on performance measurements and contributions
SCOPE OF REMUNERATION POLICY AND ITS to Danamon each year, eligible employees will be
IMPLEMENTATION rewarded with annual performance bonus.
This Remuneration Policy applies to all business units
both at the head office and in the regions, including Performance bonuses are intended to motivate and
Sharia business units. encourage employees to make greater contribution to
Danamon.
REMUNERATION IS ASSOCIATED WITH RISK
In providing remuneration to employees, Danamon The following guidelines to determine employee
considers potential risks that may arise from all types performance bonuses:
of risks. In the event that a risk arises as a result of the 1. Pool bonuses for employees and senior management
decision taken, Danamon reserves the right to extend are created based on Danamon’s performance
the deferral period for the variable given. achievements against predetermined work plans:
• The main factor in this is Net Profit after Tax
PERFORMANCE MEASUREMENT ASSOCIATED (NPAT) before restructuring costs.
WITH REMUNERATION • The second factors include economic condition,
To provide fair compensation to each employee, government regulations, market, restructuring,
Danamon always pays attention and considers the etc.
employee work load and skill sets as well as market 2. The amount of bonus pool is based on percentage
practices for similar positions. to NPAT before restructuring costs.
3. Any increase or decrease in bonus pool percentage
to NPAT must be decided with due consideration
on Danamon’s performance against plans set at the
beginning of the year. Bonus should be distributed
based on unit and individual performances.
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REMUNERATION ADJUSTMENTS ARE LINKED CONSULTANT REGARDING REMUNERATION
TO PERFORMANCE AND RISK Danamon appoints Willis Towers Watson as the
Danamon applies the following provisions POJK No.45/ consultant that conducts yearly surveys on salary. The
POJK.03/2015 under on executives appointed as results of the salary survey are used as a reference for
Material Risk Taker (MRT) due to the significant impacts determining employee salaries. Danamon also uses the
of their decision-making authority on Danamon’s risk services of the same consultant to assist the Bank in
profile, to decide on the executives’ annual performance redesigning compensation for employees.
bonus:
1. A portion of the annual performance bonus is POSITION AND NUMBER OF PARTIES WHO ARE
deferred for at least a period of 3 years. MATERIAL RISK TAKERS
2. The deferred portion is divided into cash and shares/ In implementing POJK No.45/POJK.03/2015 concerning
share-based instruments. the Implementation of Corporate Governance in
3. If Danamon executive (Director/Board of Providing Remuneration for Commercial Banks,
Management) is dismissed by the Company due Danamon applies the remuneration precautionary
to other matters than errors, negligence or fraud, principle regarding risks inherent in the executives
payment for the deferred portion remains due but who have the authority to make decisions that can
cannot be made any earlier. have a significant impact on the Danamon’s risk profile.
4. The amount of the deferred portion is differentiated Therefore, Danamon has determined that Danamon
based on position level. The higher the position level, executives categorized as MRT shall be members of the
the larger the deferred portion. The portion size and Boards of Directors and Management.
deferral schedule are determined by the Nomination
and Remuneration Committee. REMUNERATION OF THE NOMINATION AND
5. If Danamon executive (Director/Board of REMUNERATION COMMITTEE
Management) resigns, the deferred portion that has The Nomination and Remuneration Committee consists
become due is automatically waived. 4 members of the Board of Commissioners and 1 key
6. If Danamon executive (Director/Board of executive in charge of the Human Resources division.
Management) is proven to have committed violations
such as negligence, fraud, etc. in the previous year The total remuneration paid to all members of the
only discovered the following year and have received Nomination and Remuneration Committee during 2024
a performance bonus, then the performance bonus was IDR28.3 billion.
can be withdrawn (Claw back).
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REMUNERATION OF DIRECTORS AND BOARD OF COMMISSIONERS
The remuneration packages and facilities packages received by the Board of Directors and Board of Commissioners
include the remuneration structure and details of nominal amounts, as given below:
Amount Received in 1 (one) Year
Types of Remuneration and Board of Directors Board of Commssioners
Facility 2024 2023 2024 2023
Person Million IDR Person Million IDR Person Million IDR Person Million IDR
Salaries, bonuses, routine 9 137,073 9 119,366 6 32,080 6 25,654
allowances, tantiem, and other
facilities in the form of non nature
Other facilities in the form of
nature (housing, health insurance,
etc.) which:
a. possessable 9 2,422 9 2,735 6 1,660 6 1,375
b. unpossessable 9 9,144 9 8,184 6 1,744 6 1,587
Total 9 136,258 9 130,285 6 32,079 6 28,616
REMUNERATION OF BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS BASED ON
INCOME LEVEL
Remuneration packages are grouped into levels of income received by members of the Boards of Directors and
Commissioners in 1 (one) year, as given in the table below:
Number of Board of Directors Number of Board of Commissioners
Amount of Remuneration per Person in 1 (one) year
2024 2023 2024 2023
Above IDR2 billion 9 9 6 5
Above IDR1 billion to IDR2 billion - - - 1
Above IDR500 million to IDR1 billion - - - -
IDR500 million and below - - - -
VARIABLE REMUNERATION
Besides fixed remuneration, Danamon also provides variable remuneration to employees in the form of annual
performance bonuses intended as a reward for employee performance and contribution each year and as part of the
Bank’s retention programs or long-term compensation programs that will eventually make the employees as its key
executives key companies willing to continue working at Danamon.
Annual performance bonuses are given to the Directors, Commissioners and eligible employees. The amount of
bonus may change in every fiscal year depending on Danamon’s overall performance, Line of Business/Segment
performance and the performance of each employee.
The long-term compensation program is provided very selectively to the Board of Directors and Senior employees
proven to have outstanding performance and/or hold key positions. Providing long-term compensation programs is
the prerogative of the President Director and the Board of Commissioners.
The table below shows the number of the Board of Directors, the Board of Commissioners, and Employees who
received variable remuneration for 1 (one) year and total amount given:
Amount received in 1 (one) year
Directors Commissioners Employees
Variable
Remuneration 2024 2023 2024 2023 2024 2023
Million Million Million Million Million Million
Person Person Person Person Person Person
(IDR) (IDR) (IDR) (IDR) (IDR) (IDR)
Total 9 41,426 9 44,560 6 8,177 6 11,669 5,328 318,075 5,331 291,388
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VARIABLE REMUNERATION GUARANTEED WITHOUT CONDITIONS
Danamon does not provide variable remuneration that is guaranteed without conditions to prospective members of
its Board of Directors, Board of Commissioners and/or Employees for the first 1 (one) year.
DEFERRED VARIABLE REMUNERATION
Deferred variable remuneration package consists of cash and/or shares or share-based instruments as has been
implemented pursuant to FSA regulations.
HIGHEST TO LOWEST SALARY RATIO
Salary is employee’s right given and expressed in the form of money as a reward from the Company or employer to
employees which is determined and paid according to a work agreement, contract or regulatory provisions, including
allowances for employees and their immediate families for the work and/or services they provide. The salaries put
in comparison in the salary ratio are the compensation received by members of the Board of Directors, the Board of
Commissioners, and employees.
Salary Comparison Ratio 2024 2023
The highest to lowest employee 109.5 x 161.3 x
The highest to the lowest Board of Directors 2.59 x 2.5 x
The highest to lowest Board of Commissioners 1.30 x 1.28 x
The highest Board of Directors to the highest employee 1.52 x 1.5 x
STOCK OPTIONS
Danamon did not issued a share option program for members of its the Board of Directors, the Board of
Commissioners, or employees throughout 2024.
TERMINATION OF EMPLOYMENT AND TOTAL NOMINAL SEVERANCE PAY PAID
Employees who are terminated (PHK) are entitled to severance pay. The total nominal severance pay paid is listed in
the table below:
Total Employee
Nominal Amount of Severance Pay Paid per Person in 1 (one) Year
2024 2023
Above IDR1 billion 57 34
Above IDR500 million to IDR1 billion 65 73
IDR500 million and below 470 657
DETAILS OF THE AMOUNT OF REMUNERATION GIVEN IN 1 (ONE) YEAR
1. Fixed Remuneration and Variable Remuneration;
2. Deferred and non-deferred remuneration; and
3. Form of Remuneration given in cash and/or shares or share-based instruments issued by the Danamon, as given
in the table below:
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A. Fixed Remuneration *)
1. Cash IDR90,243
2. Shares/share-based instruments issued by the Danamon N/A
B. Variable Remuneration*) Not Deferred Deferred
1. Cash IDR55,168 IDR7,076
2. Shares/share-based instruments issued by the Danamon N/A 1,553,200 (shares)
Notes: *) only for MRT and expressed in million rupiah
QUANTITATIVE INFORMATION
1. Total remaining Remuneration that is still deferred, whether exposed to implicit or explicit adjustments;
2. Total reduction in Remuneration due to explicit adjustments during the reporting period; and
3. Total reduction in Remuneration due to implicit adjustments during the reporting period, as given in the table
below:
Total Deductions during the Reporting Period
Types of Variable Remuneration Still Deferred* Total
Due to Adjusment Due to Adjusment
(A)
Explicit Implisit
+
(A) (B)
(B)
1. Cash (in million rupiah) IDR13,332 - - -
2. Shares/share-based instruments issued
by the Danamon (in shares and with a
2,928,403 shares - - -
nominal value of millions of rupiah which
is a conversion of the shares)
Note: *) only for MRT and expressed in million rupiah
BANK’S SHARES BUY BACK
AND BOND BUY BACK
There was no buyback of either shares or bonds in 2024
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TRANSACTIONS WITH
CONFLICTS OF INTEREST
No conflict of interest transaction was reported during 2024.
Conflict of Interest Transaction is regulated in the internal procedures for Affiliated Transaction and Conflict of Interest
Transaction. In cases where such transaction is unavoidable, the involved members of the Boards of Directors or the
Board of Commissioners must refrain from taking part in the transaction review and approval process.
Name and Position of Name and Position Transaction
Type of
No Official involved in of the Decision Value (Millions of Description
Transaction
Conflict of Interest Maker Rupiah)
Nil
POLITICAL DONATION
Danamon has a policy that prohibits Danamon’s involvement either personally or on behalf of the Company in political
activities, including providing anything of value in the form of gifts, business hospitality, donations and sponsorship
in any form for political purposes. During 2024, Danamon did not donate funds and any kind of supports for political
activities.
SOCIAL DONATION
Danamon’s social donation during 2024 is disclosed in the Corporate Social Responsibility section of this Annual
Report.
BANK’S STRATEGIC PLAN
The Bank’s Strategic Plan is described in the Strategic Review section of the Management Discussion & Analysis
Chapter in this Annual Report.
IMPLEMENTATION OF
SUSTAINABLE FINANCE
Sustainable Finance Danamon implementation in Danamon refers to POJK No. 51/2017 regarding Sustainable
Finance Implementation for Financial Institutions, Issuers, and Public Companies and is reflected in the Sustainable
Finance Action Plan (SFAP). The Bank continues the five priority programs in SFAP through Governance and
Process, Awareness and Internal Capacity Building, Sustainable Financing, Responsible Workplace Management,
and Corporate Social Responsibility.
In addition, the Bank has social and environmental responsibility (CSR) programs related to sustainable finance,
continued according to Law No. 22 year 2022 regarding Job Creation with its changes.
More detail on Sustainable Finance and CSR implementation is available on chapter Sustainability Report in
this report.
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COMPANY INFORMATION ACCESS
Danamon provides easy access and information to stakeholders about Danamon through communication media
such as Press Releases and Analyst Briefing Booklets. In addition, Danamon provides information about products
and services, investor information, office networks, financial reports, annual reports, reports and implementation of
governance and social activities, corporate actions and others made available on its official website at http://www.
danamon. co.id both in Indonesian and English.
In order to improve consumer service and protection, fulfill the need for products and service information, as well as
handle complaints from customers and/or potential customers, Danamon has established communication channels
through Hello Danamon. Hello Danamon can be accessed 24/7 via phone number 1-500-090, X @HelloDanamon,
e-mail: hellodanamon@danamon.co.id, and live chat information services via Whatsapp: 08581 1500 090.
The public can also contact:
Unit Phone Number E-mail
Corporate Secretary (021) 80645000 Ext. 8706; 8794 corporate.secretary@danamon.co.id
Investor Relations (021) 80645000 Ext. 8621; 8611 investor.relations@danamon.co.id
Corporate Communications (021) 80645000 Ext.8301; 8328 corporate.communications@danamon.co.id
INVESTOR RELATIONS [IDX G-08]
The Bank continues to be committed to building strong communication and meaningful relationships with investors,
while ensuring fair treatment for all investors through various interaction platforms, including:
• Regular updates on financial performance, business strategies, and work plans to investors, analysts, and other
stakeholders (rating agencies, lenders, regulators) through quarterly performance presentations, meetings,
conferences, and etc.
• Face-to-face meetings (group discussions, one-on-one, or conference calls).
• Participation in Danamon’s strategic projects, including those involving independent consultants.
Throughout 2024, the Investor Relations Unit successfully conducted 11 meetings and conference calls with investors
and analysts (including Investor & Analyst Briefing Event), reaffirming our commitment to open and proactive dialogue.
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CORPORATE
COMMUNICATIONS
Corporate Communications Unit is responsible for managing communication between Bank and public, through
mass media. Corporate Communications contributes to the development of effective, accurate, concise, and reliable
communications with the following scope of objectives and responsibilities:
• Building and maintaining Bank’s image in society through the function of public relations.
• Carry out the communication function of Bank’s management to public through mass media, both printed and
electronic media.
• Perform the external communication function, including creating messages, determining the form of
communication, and providing information to third parties.
• Act as the initial point of contact for public who need information about Bank.
SOCIAL MEDIA
Danamon’s official social media and website are:
• X : @danamon, @HelloDanamon (customer service)
• Facebook : Bank Danamon
• Instagram : @mydanamon
• LinkedIn : PT Bank Danamon Indonesia, Tbk.
• YouTube : Bank Danamon
• Website : www.danamon.co.id
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SERVICE EXCELLENCE &
CUSTOMER CARE
In a hyper-competitive industry like Banking, Customer • I-STAR (Initiative, Service Oriented, Trusty,
Experience is a business strategy that can be built on Accountable, Reliable), which is derived from
trust and the belief in the importance of a Customer the BISA Values (Quick to Serve), serves as
Centricity Culture within an organization. This culture the foundation for service behavior. Along with
influences behavior, where all activities within the this, a series of activities to introduce I-STAR to
organization are centered around the customer, not Danamon employees have been carried out. A
only in product or program development but also as one socialization video featuring a special message
of the strategic pillars in creating a memorable service from top management and examples of I-STAR
experience from start to finish—becoming the top-of- implementation in daily work, as well as a campaign
mind for customers. Implementing Customer Centricity in the form of an LED video about I-STAR service
aims to drive business growth and sustainability by behavior, have been successfully launched.
building strong positive branding and maintaining good
relationships with customers, encouraging them to Furthermore, as part of the awareness initiative,
make repeat purchases and even spread word of mouth all employees were invited to participate in a
to those around them. competition to suggest name ideas for the I-STAR
mascot. “Hoshi,” meaning “star,” was chosen as the
The transformation of services with a Customer mascot’s name. Additionally, a Meet & Greet with
Centricity mindset drives Danamon to continuously Hoshi was held at the Menara Bank Danamon and
innovate across all products and services, in line with BDI Jakarta Usman Harun.
the growing needs and expectations of customers,
amidst the challenges and changes that occur, which As part of employee development, particularly
impact customer behavior. With the service behavior for frontliners at the branches, we organized the
of “I-STAR” (Initiative, Service Oriented, Trusty, I-STAR Bootcamp in 12 regions, with more than 800
Accountable & Reliable), it is expected to achieve branch team members participating. The program
a Customer Centricity level that advances towards aims to deepen the understanding and introduce
Loyalty & Engagement, serving as the foundation for a customer-focused service culture, as well as
Danamon’s business pillars. provide engaging training on the application of
I-STAR behavioral principles in daily operational
Channel Experience Management activities.
As a commitment to building a Customer Centricity
culture in order to win customers’ hearts and enhance • The implementation of Service Training by the Service
business opportunities, several initiatives have been Excellence & Customer Care Division for all branch
undertaken, including: frontliners, Hello Danamon agents, and Danamoners
• Creating special moments for customers through involves applying the I-STAR - Omotenashi service
the organization of the Customer Month program behaviors. This initiative aims to foster a customer-
in September 2024 with the theme “Healthy centric service culture and create the best possible
and Fit.” This program involves branch teams experience for customers. The development of a
welcoming customers with special themed attire, new standard greeting and grooming standards for
warm greetings, gift-giving, light refreshments, and frontliners are some of Danamon’s commitments to
beneficial health education sessions. In addition, applying I-STAR - Omotenashi in everyday service
several members of the Board of Directors also behaviors.
participated in the event, engaging directly with
customers in the Banking Hall, strengthening
relationships, and gathering feedback to improve
service quality at the branches.
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Channel Improvement
In order to enhance the effectiveness and efficiency of the CRM (Customer Relationship Management) application
used by frontliners at Branches, the Contact Center, and the Head Office, an improvement has been made with a
more user-friendly design. This update aims to facilitate frontliners in entering customer information, requests, and
complaints, as well as simplifying the follow-up process for the back office on these requests and complaints.
In addition, the integration process of several systems used by frontliners into the CRM application has been carried
out. This aims to help frontliners better understand customer profiles and needs, allowing them to provide the right
services to customers. We have also added additional applications to be integrated into the CRM, so that almost
all systems required by the frontliners are now accessible through the CRM. This will enable frontliners to serve
customers more effectively and efficiently in the future.
Service Achievement
In 2024, Danamon has received several awards in the field of Service, including the following:
No. Organizer Award Award Category Rank
1 Marketing Research Satisfaction Loyalty and SLE Index 2024 8
Indonesia & Infobank Engagement Award 2024
Most Satisfying KBMI 3 Bank in Teller Service 3
2 Marketing Research Banking Service Excellence 20 consecutive years in Service Excellence on Diamond
Indonesia & Infobank Recognition 2024 Conventional Category
5 consecutive years in Digital Channel on Golden
Conventional Category
The Best Teller on Conventional Category 1
The Best Opening Account Via Mobile 2
Application/Mobile Browser on Conventional
Category
10 consecutive years in Service Excellence on Platinum
Sharia Business Unit Category
The Best Overall in Service Excellence on 2
Sharia Business Unit Category
The Best ATM Branch on Sharia Business Unit 1
Category
The Best Teller on Sharia Business Unit 1
Category
The Best Overall Walk in Channel on Sharia 2
Business Unit Category
The Best Customer Service on Sharia Business 2
Unit Category
3 The Iconomics The Iconomics Indonesia Best Best Customer Service Reputation Bank KBMI Best Customer
Financial Awards 2024 3 Service
HELLO DANAMON SERVICE UNIT
As an information service center, Hello Danamon operates 24/7, consistently meeting the needs of every customer
and managing interactions through the phone number 1-500-090, X @HelloDanamon, email: hellodanamon@
danamon.co.id, and live chat information service via WhatsApp: 08581 1500 090.
Hello Danamon is one of the channels for customers to obtain information about products and services, as well as
to file complaints. To maintain system stability and ensure customer satisfaction when contacting Hello Danamon,
regular system upgrades are performed to streamline operations when serving customers. To enhance service
quality and provide the best solutions to customers, continuous training is provided to Hello Danamon Agents. In
addition, to inspire and motivate, the “Star of the Month” is selected each month for the Agent or Team Leader who
achieves the best performance, which is displayed on the Wallboard every month.
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The Video Banking service, which assists customers in verifying account openings online through D-Bank PRO, has
undergone significant improvements with a customer verification process that utilizes Face Recognition and Liveness
Detection features. This aims to meet customer expectations by combining speed, security, and convenience in the
service.
Furthermore, Hello Danamon has improved the Autocorrect feature to provide optimal support to Correspondence
Agents, making it easier to type words correctly, thus improving email writing accuracy. This initiative reflects
Danamon’s commitment to continuously enhancing Agent tools, making correspondence processes more efficient.
Throughout 2024, Danamon recorded 24,373 customer complaints, with 96.27% of those complaints being resolved
in accordance with established procedural standards.
Resolved In Progress
No Type of Financial Transaction Total of Complaints
Total Percentage Total Percentage
1 Fund Product 4,023 16.51% 1 0.00% 4,024
2 Lending Product 106 0.43% 0 0.00% 106
3 Cooperation Product 184 0.75% 1 0.00% 185
4 Payment System 19,150 78.57% 908 3.73% 20,058
Total 23,463 96.27% 910 3.73% 24,373
Sum of Complaints and Percentage of Complaints Resolved
Sum of Complaints Percentage of Complaints
Year Sum of Complaints
Resolved Resolved
2024 24,373 23,463 96.27%
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CORPORATE CULTURE
Corporate culture is a set of beliefs, behaviors and Not just internally, Danamon also strengthens its
attitude guidelines for all employees and members corporate branding with a unique Employee Values
of the Boards of Directors and Commissioners of Proposition (EVP), which has been specifically
Danamon in discharging their respective duties and developed to manifest its commitment to the employees
responsibilities to realize Danamon’s stated Vision by giving back values as a reward for their shown
and Mission. It influences how employees within the contribution to the Company.
Company interact with each other, how decisions are
made, and how the organization as a whole approaches The Company’s EVP is known as GROW, which simply
challenges, opportunities, and growth. means “Growing” and stands for:
In Corporate Culture, “Corporate Values” refer to the 1. Global Exposure
principles that are highly upheld by the Company as it Danamon is committed to offer me global exposure
moves forward on a journey towards realizing its stated and experiences through business collaboration and
vision and mission. Danamon’s corporate values are knowledge sharing on best business practices. With
listed in the Corporate Profile chapter of this Annual my expertise and skills, I will take this opportunities
Report. to drive innovations for Bank’s sustainable growth.
Danamon has communicated its corporate values 2. Rise to Excellence
internally through a designated series of outreach Danamon aspires to build a supportive and
programs, from raising employee awareness, through collaborative working environment that inspires
explanation of the expected behaviors and attitude from me to bring out new ideas and make a significant
each of the values, organizing appreciation program for contribution through outstanding performance.
employees who have lived up to the corporate values
and become a role model for their fellow employees, 3. Own Your Future
incorporating the values into training programs, and Danamon encourages me to grow personally
onto making the alignments of the Code of Conduct, and professionally by providing development
internal Human Capital provisions on recruitment, opportunities that support my commitment to build
performance appraisals, work culture programs, my own future career.
training and development, etc.
4. Wellness & Wellbeing (Reach Prosperity)
To support the outreach programs, The Company hosts Danamon genuinely cares for my wellness and well-
various activities to strengthen the implementation of being whereby as part of the Danamon’s family and
Corporate Values such as Danamon Innovation Race, take care of our social communities in a responsible
a thematic internal innovation contest to support in manners.
achieving Company’s target. In bringing the value of
Customer Centricity to life, the Company implements With these corporate values and EVP commitment, it
the Voice of Internal Customer program, where each is hoped that it can strengthen employee engagement
unit provides feedback to one another in order to and increase their productivity while attracting external
continuously improve. Another corporate culture talents, consistent with Danamon’s stated mission of
agenda is the BISA Medal Program that appraises becoming the Top Employer of Choice.
employees who have demonstrated BISA attitudes and
behavior in their day-to-day work.
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CODE OF CONDUCT [IDX G-07]
Danamon’s Code of Conduct (previously known as the “Code of Ethics”) is an ethical value that refers to the vision,
mission, and values of the corporate culture, Code of Conduct becomes a guideline of conduct for all management
(Board of Directors, Board of Commissioners, Sharia Supervisory Board, including but not limited to parties outside of
Danamon who are members of the Audit committee or Risk Management Committee) and employees in conducting
daily tasks and establishing relationship with customers, colleagues and third parties. The code of conduct is
expected to support the business continuity and reputation of Danamon.
The Code of Conduct includes behavioral guidelines regarding Anti-Fraud, Conflict of Interest, Information
Management, Anti-Money Laundering and Terrorism Financing Prevention, and the Company’s Business Ethics. The
Code of Conduct is also the basis for the Company in formulating internal provisions and policies.
To ensure the enforcement of the Code of Conduct at all levels, Management and Employees, without exception,
are required to know, understand, comply with, and implement Danamon’s Code of Conduct. Every year, Management
and Employees convey their commitment to the Code of Conduct by filling out an annual statement. Updating the
content and implementation of the Code of Conduct is carried out continuously by the Company, both through
socialization and periodic review of the contents of the Code of Conduct.
The Code of Conduct is binding and therefore violations of the Code of Conduct may be subject to sanctions
either administrative, civil or criminal in accordance with applicable provisions and procedures. In the context of
employment, violations of the Code of Conduct have the consequence of sanctions up to termination of employment.
SANCTIONS IMPOSED DURING 2024
Type of Sanctions Number of Employees
Termination of Employment 36
Warning Letter I 385
Warning Letter II 13
Warning Letter III 77
Reprimand letter 185
Total 698
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ANTI-BRIBERY AND
ANTI-CORRUPTION POLICY [GRI 3-3] [IDX G-07]
As a member of the MUFG Financial Group, Danamon has commitment to conduct business in a transparent and
responsible manner based on ethical business practices and in accordance with applicable laws. Danamon has a
principle and policy of zero tolerance for bribery and corruption including any attempt to utilize gifts, entertainment,
hospitality or otherwise to obtain or to retain inappropriate business advantages or benefits.
To support its commitment to anti-bribery and corruption, Danamon has Anti-Bribery and Corruption Policy. This
policy is established in accordance with Danamon’s values and code of ethics, laws and regulations as well as MUFG
Financial Group’s global practices. Periodically, Management and Employees sign a code of conduct declaration.
Danamon’s Anti-Bribery and Corruption Policy principally prohibits:
a. Offering, promising, and/or giving anything of value directly or indirectly to anyone with the intention of obtaining
or retaining inappropriate business advantages or benefits.
b. Requesting and/or receiving anything of value directly or indirectly from anyone intended to improperly influence
Danamon’s Management and/or employees in conducting their activities on behalf of Danamon.
c. Falsifying or concealing books, records or other data relating to Danamon’s business activities, customers,
service providers, vendors, suppliers or other business partners. Every expense must be recorded, transparent
and equipped with adequate evidence so that financial records are not misused to support or hide bribery and
corrupt acts.
d. Make political contributions personally or on behalf of Danamon.
e. Providing job offers or employment opportunities to prospective employees with the intention that Danamon
obtain or retain inappropriate business advantages or benefits.
Danamon has also established a compliance program for the implementation of the Anti-Bribery and Corruption
Policy through the following control processes:
• Periodic risk assessment and risk control for acts of bribery and corruption;
• Assessment review of gifts, hospitality, job offers, donations, sponsorships, honorariums, and third-party service
providers acting on behalf of Danamon.
On continuous basis, Danamon provides anti-bribery and corruption socialization to Management and Employees. The
Anti-Bribery and Corruption Policy can also be accessed through Danamon’s website. Danamon has Whistleblowing
System as a reporting channel for any alleged violation, including anti-bribery and corruption. [GRI 205-2]
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ANTI-FRAUD POLICY
Danamon is committed to upholding a “Zero Tolerance for Fraud” principles. Strict sanctions are administered to
perpetrators of fraud in accordance with applicable regulations. Danamon actively participates in upholding an anti-
fraud culture with the following principles:
• Management actively watches out for risks of fraud by setting a maximum tolerance threshold for fraud losses
in its Risk Appetite Statement parameters, through escalation of information on fraud incidents to the Directors
and Commissioners, then the Directors and Commissioners provide direction for handling, mitigation, control
and corrective steps followed by regular monitoring through existing committees, namely the Risk Management
Committee, Audit Committee, and Risk Oversight Committee, by intensifying anti-fraud awareness campaigns,
and by intensifying any strict sanctions for those that have perpetrated fraud.
• All Danamon employees (FTE) and members of management are required to sign an Anti-Fraud Integrity Pact that
is part of an Anti-Fraud Awareness electronic learning module that all Danamon employees (FTE) must partake in.
• Danamon utilizes a Whistleblowing System (WBS) channel provided by an independent party. The identity of the
reporter is guaranteed confidentiality. This channel is disseminated every month via e-mail blasts to all Danamon
employees.
• All Danamon employees are encouraged to make use of a “Speak-Up” culture and to emmediately speak up if
they find evidence, indications, or suspect any kind of fraud, including violations of Danamon’s code of conduct,
procedures, rules, and regulations.
• Implementing four pillars of anti-fraud strategy, namely:
1) Prevention;
2) Detection;
3) Investigation, reporting, and sanctions;
4) Monitoring, evaluation, and follow-up.
• Strengthening aspects of risk management that focus on fraud control including fraud identification, escalation,
mitigation, and handling fraudsters.
INTERNAL FRAUD
Internal fraud is the fraud carried out by the management, permanent employees, and non-permanent employees
(honorary and outsourced personnel) related to work processes and operational activities. The table below is the
number of internal fraud cases with financial impact of more than IDR100,000,000,- (one hundred million rupiah):
Total Cases Involving
Internal Fraud Management Permanent Employees Non-Permanent Employees
2024 2023 2022 2024 2023 2022 2024 2023 2022
Total internal fraud - - - 9 6 7 - - -
Completed - - - 1 6 3 - - -
In Internal Process - - - 6 - - - - -
Pending Process - - - - - - - - -
Followed up through Legal action - - - 2 *
- 4
*
- - -
Completed
*
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WHISTLEBLOWING
SYSTEM [GRI 2-25] [GRI 2-26] [SASB FN-CB-510a.2]
To maintain independence, transparency, convenience, PROTECTION FOR WHISTLEBLOWERS
confidential, monitoring, and protection for Danamon guarantees to maintain the confidentiality
whistleblowers, Danamon cooperates with partners of Whistleblowers who report fraud and provide
using third parties in handling complaints through the legal protection to the Whistleblower for all possible
Whistleblowing System (WBS). actions that can harm or harm the Whistleblower
from the reported party or other third parties whose
The Whistleblowing System is a communication implementation is regulated in internal regulations.
channel that facilitates whistleblowers to report events
or allegations related to fraud, policy violations, bribery/ HANDLING COMPLAINT, PARTIES MANAGING
borrowing money with customers, sexual harassment, COMPLAINTS, AND IMPOSING SANCTIONS
theft/embezzlement, financial statement fraud, Danamon appoints an independent third party to
illegal activities and other violations of the code of manage Danamon’s WBS, including the management
ethics involving Danamon employees and/or related of complaint follow-up and administration. The third
parties while maintaining the confidentiality of the party WBS manager will forward the reports received
whistleblower’s identity. to the Danamon’s WBS team to be evaluated whether
to be processed further to the investigation stage or
WHISTLEBLOWING POLICY forwarded to the appropriate parties.
Danamon has a whistleblowing policy that is socialized
to all employees through various media such as: e-mail Investigation of potential violations is conducted by an
blasts, Danamon Portal, and Bank’s website (www. independent Internal Investigation Team, based on the
danamon.co.id). presumption of innocence and objectivity. The results
of the investigation become the basis for decisions to
Procedure for Submitting Violation Reports take action and/or impose sanctions on the parties or
Reporting facilities are easily accessible through several perpetrators proven to have committed violations in
communication channels, as follows: accordance with applicable laws and regulations and/
- E-mail address: danamon-wbs.info@kpmg.com.sg or in accordance with internal regulations.
- Website: https://danamon-wbs.info/
- SMS/Whatsapp: 0811-825-2662 A summary of fraud cases with potential losses
- Postal Address: KPMG Siddharta Advisory – exceeding a nominal value of Rp100,000,000, - will
EthicsLine BDI Menara Astra Lantai 21, Jl. Jend. be reported to the Bank’s Management periodically.
Sudirman 5-6, Jakarta 10220 [SASB FN-CB-510a.1]
COMPLAINT HANDLING RESULT IN 2024 [GRI 205-3]
Report Status
Settled
Total complaints received
Total Settled Proven as fraud/violation Not proven as Fraud/ Under Process
of Procedures/ Code of Violation of Procedures/
Conduct Code of Conduct
24 17 8 9 7
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IMPLEMENTATION OF GCG
GUIDELINES FOR PUBLIC
COMPANIES
The Bank continues to implement the Public Company Governance Guidelines, as regulated in POJK No.21/
POJK.04/2015 concerning The Implementation of Public Company Governance Guidelines and SEOJK No.32/
SEOJK.04/2015 concerning Public Company Governance Guidelines which includes 5 (five) aspects, 8 (eight)
principles and 25 (twenty-five) recommendations for the implementation of good corporate governance aspects and
principles as follows:
IMPLEMENTATION OF 25 RECOMMENDATIONS FOR PUBLIC COMPANY GOVERNANCE GUIDELINES
No Principle Recommendation Explanation
A Public Company Relations with Shareholders in Guaranteeing Shareholder Rights
1 Increasing the Value of 1.1 The Public Company has a method or Danamon has in place GMS Rules and Regulations
holding a General Meeting of technical procedure for collecting votes, that govern the convention of GMS including voting
Shareholders (GMS) both openly and privately, that promotes mechanism, decision making and vote counting
independence and shareholder interests. that prioritize independency and the interests of
shareholders.
All GMS procedures and rules are available and
can be accessed via the Danamon website
(www.danamon.co.id).
Status: comply
1.2 All members of the Board of Directors and The AGMS held on March 22, 2024 complied with
members of the Board of Commissioners applicable guidelines and procedures.
of The Public Company attend the Annual
GMS (AGMS). The AGMS was attended by members of the Board
of Directors and Board of Commissioners who
attended online and offline.
Status: comply
1.3 A summary of the minutes of the GMS is Danamon uploaded the Summary of the GMS
available on the Public Company Website Minutes on the 2nd (second) working day after
for at least 1 (one) year. the GMS was held.
A summary of the GMS Minutes from 2010 is
still available on the Danamon website, both in
Indonesian and English.
Status; comply
2 Improving Public Company 2.1 The Public Company should have a Danamon has a communications policy that
Communication Quality with communication policy with shareholders governs the process of providing information to
Shareholders or Investors or investors. shareholders and the investment community in
a reasonable and timely manner that allow them
to assess Danamon’s strategy, development,
operations and financial performance, and enable
shareholders and the investment community to be
actively involved with Danamon.
Status: comply
2.2 The Public Company should disclose their The Communication Policy is available to the public,
communication policy with shareholders or including Danamon Shareholders or Investors, and
investors on the Website can be accessed via the Danamon website.
Status: comply
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IMPLEMENTATION OF 25 RECOMMENDATIONS FOR PUBLIC COMPANY GOVERNANCE GUIDELINES
No Principle Recommendation Explanation
B Functions and Roles of the Board of Commissioners
3 Strengthening the Membership 3.1 Determination of the number of members The number, composition and structure of the
and Composition of the Board of of the Board of Commissioners considering Board of Commissioners have met the provisions
Commissioners the state of the Public Company. and are in accordance with the size and complexity
of Danamon’s business with due consideration
on the provisions of POJK No.33/POJK.04/2014
concerning Directors and Board of Commissioners
of Issuers or Public Companies and POJK No.34/
POJK.04/2014 concerning Nomination and
Remuneration Committees for Issuers or Public
Companies.
As of 31 December 2024, Danamon’s Board of
Commissioners had of 6 (six) members with 50%
of the Board of Commissioners being Independent
Commissioners. The number of members of
the Board of Commissioners did not exceed the
number of members of the Board of Directors,
which was 9 (nine).
Status: comply
3.2 The diversity of skills, knowledge, and Danamon has a diversity composition policy for
experience required is considered when members of its Board of Commissioners.
determining the composition of the Board The composition and structure of Danamon’s
of Commissioners. Board of Commissioners have been set with due
consideration on the diversity of knowledge,
expertise and experience required to optimize the
implementation of the Board of Commissioners’
oversight function.
Status: comply
4 Improving the Quality of the 4.1 The Board of Commissioners should Danamon has a Policy on Performance Assessment
Implementation of Duties and have a self-assessment policy to that offers guidance for assessing the Board of
Responsibilities of the Board of assess the performance of the Board of Commissioners in carrying out its duties and
Commissioners Commissioners. responsibilities.
Status: comply
4.2 The self-assessment policy to assess Danamon has a policy for performance assessment
the performance of the Board of of the Board of Commissioners. The performance
Commissioners is disclosed in the Public appraisal policy is disclosed in the Annual Report
Company Annual Report. and made available on the Danamon website.
Status: comply
4.3 The Board of Commissioners should have Members of Danamon’s Board of Commissioners
a policy for the resignation of its members who are involved in financial crimes shall resign
if they are involved in financial crimes. from their positions. This obligation to resign is
governed in the Board of Commissioners’ Charter.
Status: comply
4.4 The Board of Commissioners or the Danamon’s Board of Commissioners has a
Committee that carries out the Nomination Nomination and Remuneration Committee who
and Remuneration function should develop assist it in carrying out its duties related to the
a succession policy in the process of nomination and remuneration of members of the
nominating members of the Board of Board of Commissioners and members of the
Directors. Board of Directors of Danamon.
Danamon has a Directors Succession Policy to
maintain leadership succession in the future.
Status: comply
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IMPLEMENTATION OF 25 RECOMMENDATIONS FOR PUBLIC COMPANY GOVERNANCE GUIDELINES
No Principle Recommendation Explanation
C Functions and Roles of the Board of Directors
5 Strengthening the Membership 5.1 The condition of the public Company and The number, composition and structure of the
and Composition of the Board of decision making effectiveness is taken Board of Directors has met the provisions and
Directors into consideration when determining are in accordance with the size and complexity of
the number of members of the Board of Danamon’s business.
Directors.
As of 31 December 2024, Danamon’s Board of
Directors had 9 (nine) members. The number
of members of the Board of Directors is greater
than the number of members of the Board of
Commissioners.
Status: comply
5.2 The diversity of skills, knowledge, Danamon has a diversity policy for members of the
and experience required is taken into Board of Directors.
consideration when determining the
composition of the Board of Directors. The composition and structure of the members of
the Board of Directors have been determined with
due consideration on the knowledge, expertise
and experience in accordance with the Company’s
needs to optimize decision making and improve
performance.
Status: comply
5.3 Members of the Board of Directors who Danamon’s Finance Director has a Bachelor’s
are in charge of accounting or finance Degree in Accounting and is a Certified Public
should have expertise and/or knowledge Accountant - Indonesia.
in accounting.
Status: comply
6 Improving the Quality of the 6.1 The Board of Directors should have a Danamon has a performance assessment policy
Implementation of Duties and self-assessment policy to assess its own for the Board of Directors as a guideline for
Responsibilities of Board of performance. assessing the effectiveness of the implementation
Directors of its duties and responsibilities.
Status: comply
6.2 The self-assessment policy to assess the Danamon has a Policy on Performance Assessment
performance of the Board of Directors is of the Board of Directors. The performance
disclosed in the Public Company’s annual assessment policy is disclosed in the Annual
report. Report and available on the Danamon website.
Status: comply
6.3 The Board of Directors should have a Members of the Board of Directors who are
policy for the resignation of members of involved in financial crimes are required to resign.
its Board of Directors if they are involved in This obligation to resign is govern in the Board of
financial crimes. Directors Charter.
Status: comply
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IMPLEMENTATION OF 25 RECOMMENDATIONS FOR PUBLIC COMPANY GOVERNANCE GUIDELINES
No Principle Recommendation Explanation
D Stakeholder Participation
7 Improving Corporate 7.1 The Public Company should have policy In an effort to prevent Insider Trading from
Governance Aspects through for insider trading prevention. occurring, Danamon has a Private Securities
Stakeholder Participation Trading Management (PEP) and Material Non-
Public Information (IMNP) Policy.
Status: comply
7.2 The Public Company should have anti- Danamon has a Code of Conduct that prohibits
corruption and anti-fraud policies. its management and employees from committing
bribery and corruption of any form. Besides,
Danamon also has and continually updates its
Anti-Bribery and Corruption Policy that governs
the prohibition of bribery and corruption for all
management and employees.
Bank Danamon has an Anti-Fraud Management
Policy which sets out fraud risk management
strategies.
Status: comply
7.3 The Public Company should have a policy Danamon has a Procurement Policy which governs
for the selection and capacity building of restrictions and ethics in dealing with business
suppliers or vendors. partners or vendors in the procurement of goods
and services. This policy is available and disclosed
on the Danamon website.
Status: comply
7.4 The Public Company should have a policy The fulfillment of the rights of creditors in the form
for fulfilling creditor rights. of depositors (customers who have their fund
invested in the Company) is regulated through
customer protection policy and customer service
code of conduct which govern:
• The right to have adequate explanation of the
product characteristics.
• The right to access the terms and conditions of
fund products.
• The convenience of making transactions
through branches, e-banking services or other
means determined by the Bank.
• Entitlement to profits/interest in accordance
with applicable regulations.
• Procedures for handling and resolving customer
complaints
Status: comply
7.5 The Public Company should have a policy Danamon has an Anti-Fraud Management Policy
for whistleblowing system. and Framework as well as a Fraud Handling
Policy which govern the whistleblowing system.
Danamon’s whistleblowing system is managed by
a trustworthy third party to ensure independency
in its implementation.
Status: comply
7.6 The Public Company should have a policy Danamon has a Remuneration Policy. Details on
for the provision of long-term incentives the Remuneration policy are disclosed in this
for its Board of Directors and employees. Annual Report.
Status: comply
418 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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IMPLEMENTATION OF 25 RECOMMENDATIONS FOR PUBLIC COMPANY GOVERNANCE GUIDELINES
No Principle Recommendation Explanation
E Information Disclosure
8 Improving the Implementation of 8.1 Aside from the Website as a medium for Danamon continues to improve information
Information Disclosure information disclosure, public companies disclosure media, including on the website, to
benefit from the broader use of information provide opportunities for shareholders and other
technology. stakeholders to easily access information about
Danamon.
Status: comply
8.2 The Public Company Annual Report The Annual Report discloses the main and
discloses the ultimate beneficial owner in controlling shareholders, the 20 largest
public company share ownership of at least shareholders, as well as the profile of shareholder
5% (five percent), other than disclosure groups with more than 5% (five percent).
of the ultimate beneficial owner in public
Company share ownership through a major Status: comply
or controlling shareholder.
STATEMENT OF IMPLEMENTATION OF GOOD GOVERNANCE PRINCIPLES
In conducting its business activities, Danamon has implemented the principles of good corporate governance and
is committed to continue implementing good corporate governance practices in transparent manner, accountability,
responsibility, independence, attention to equality and fairness, and sustainable to achieve the Bank’s business plan.
During 2024, there were no material violations of applicable laws and regulations.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 419
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INTEGRATED CORPORATE
GOVERNANCE
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INTEGRATED CORPORATE
GOVERNANCE IMPLEMENTATION
REPORT
The implementation of the Danamon’s Integrated b. Entities within the MUFG Group Financial
Corporate Governance (ICG) refers to POJK No. 18/ Conglomeration must ensure the availability of
POJK.03/2014 and SEOJK No. 15/SEOJK.03/2015 check and balance system in the management of
on the Implementation of Integrated Corporate Company. Having performance measure from all
Governance for Financial Conglomerates and POJK No. levels of the MUFG Group Financial Conglomeration
45/POJK.03/2020 on Financial Conglomerates. These based on the agreed measures consistent with the
provisions regulate the establishment of Financial corporate values, business objective and corporate
Conglomeration, the appointment of the Main Entity in strategy.
the Financial Conglomeration and the implementation of
Integrated Corporate Governance in a comprehensive Principle of Responsibility
and effective manner, also the mandatory preparation a. To maintain the continuity of its business, the MUFG
of the Corporate Governance Charter by the Main Entity Group Financial Conglomeration must adhere to
and submit it to FSA. prudential principles and ensure compliance with
laws and regulations as well as internal policies.
PRINCIPLES OF INTEGRATED CORPORATE b. Entities within the MUFG Group Financial
GOVERNANCE OF IMPLEMENTATION OF THE Conglomeration shall act as good corporate citizens
MUFG GROUP FINANCIAL CONGLOMERATION (good Company), care for the environment and
implement social responsibility.
Transparency Principle
a. Entities within MUFG Group Financial Conglomeration Principle of Independency
shall disclose adequate, clear, accurate and timely a. MUFG Group Financial Conglomeration must avoid
information, as well as easily comparable and uncommon domination by any Stakeholders, be not
accessible to Shareholders and Stakeholders. affected by the unilateral interests and free from
b. The transparency principle adopted by MUFG conflicts of interests. [IDX G-09]
Group Financial Conglomeration does not lessen b. Decisions must be taken objectively and free from
the obligation to comply with confidential provisions any parties’ pressures and committed to conduct
of Bank and/or Company in accordance with businesses with professionalism.
the prevailing laws and regulations, professional
secrecy, and personal rights. Fairness Principle
a. Entities within the MUFG Group Financial
Principle of Accountability Conglomeration must always consider the interests
a. Entities within MUFG Group Financial Conglomeration of all Stakeholders based on the principles of
must determine clear responsibilities for each organ equality and fairness (equal treatment).
in the organizationin line with the vision, mission, b. The MUFG Group Financial Conglomeration must
business objectives and corporate strategy, as provide an opportunity to all Stakeholders to
well as ensure that all members of the organs in provide inputs and opinions in the interests of the
the organization of the MUFG Group Financial Company as well as provide access to information
Conglomeration have competencies in line with their in accordance with the principle of transparency.
responsibilities and understanding of their roles in
the implementation of GCG.
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STRUCTURE OF THE MUFG GROUP FINANCIAL CONGLOMERATION
Mitsubishi UFJ Financial Group
(MUFG) Bank, Jepang
MUFG Bank Ltd
Bank of Ayudhya
(Krungsi) Thailand
Outside Indonesian
Territory
MUFG Bank Ltd PT Bank Danamon Indonesian
Jakarta Branch Indonesia Tbk Territory
PT Adira Dinamika
Multifinance Tbk
(ADMF)
PT Mandala
PT Home Credit
Multifinance Tbk
Indonesia (HCID)
MUFG Group Financial Conglomeration
(MFIN) *
*)
Notes: The additional of MFIN as a Member of MUFG Group
Financial Conglomeration will be carried out after the
ownership share process at FSA IKNB is completed.
MEMBERSHIP COMPOSITION OF THE MUFG GROUP FINANCIAL CONGLOMERATION
Position of Financial Relationship with
No. Company Type of Business
Conglomeration Members Danamon
1 PT Bank Danamon Indonesia Tbk Bank Main Entity -
2 PT Adira Dinamika Multi Finance, Tbk. Financing Company Member Subsidiary
3 MUFG Bank Jakarta Branch Bank Member Sister Company
4 PT Home Credit Indonesia Financing Company Member Sister Company
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OWNERSHIP STRUCTURE OF THE MUFG GROUP FINANCIAL CONGLOMERATION
Main Entity – PT Bank Danamon Indonesia Tbk
Mitsubishi UFJ
Financial Group, Inc.
100.00%
MUFG Bank, Ltd. Public
(direct & indirect)
92.47% 7.53%
(22,400,000 shares) series A
(9,038,053,192 shares) series B (713,099,678 shares) series B
92.07%
Details of the shareholder composition is as stated in the Company Profile chapter of this Annual Report.
Subsidiary - PT Adira Dinamika Multi Finance, Tbk.
PT Bank Danamon Indonesia Tbk
Public 7.93%
92.07%
PT Adira Dinamika Multi Finance, Tbk.
Sister Company - MUFG Bank Jakarta Branch
The Bank is a branch office of MUFG Bank, Ltd. Japan (Head Office) and Mitsubishi UFJ Financial Group, Inc.
(MUFG) is the parent entity and main shareholder of the Bank Head Office and subsidiaries.
Sister Company - PT Home Credit Indonesia
PT Home Credit Indonesia (HCID) is a technology-based financing Company. HCID became a member of the MUFG
Group Financial Conglomeration as MUFG Bank Ltd has acquired 75.01% of HCID shares through Bank of Ayudha
(Kungsri) and 9.82% of HCID shares through ADMF.
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6 Hafid Hadeli Commissioner
MANAGEMENT STRUCTURE OF THE MUFG Board of Directors
GROUP FINANCIAL CONGLOMERATION No Name Position
Main Entity Management Structure - PT Bank 1 I Dewa Made Susila President Director
Danamon Indonesia Tbk 2 Swandajani Gunadi Director
Board of Commissioners 3 Niko Kurniawan Director
Bonggowarsito
No Name Position
4 Harry Latif Director
5 Denny Riza Farib Director
1 Yasushi Itagaki President Commissioner
6 Sylvanus Gani Kukuh Director
2 Halim Alamsyah Vice President Commissioner
(Independent) Mendrofa*)
3 Peter Benyamin Stok Independent Commissioner 7 Takanori Mizuno*) Director
4 Nobuya Kawasaki Commissioner 8 Sigit Hendra Gunawan*) Director
*) Effective July 03, 2024
5 Hedy Maria Helena Independent Commissioner
Lapian
MUFG Bank Jakarta branch (Sister Company)
6 Dan Harsono Commissioner
Supervisory Board
Board of Directors
No Name Position
No Name Position
1 Christopher Mark Managing Director (GM), Regional
1 Daisuke Ejima President Director Davies Chief Compliance Officer for Asia
2 Honggo Widjojo Vice President Director and Head of Compliance Office for
Kangmasto Asia (ACO)
3 Hafid Hadeli Vice President Director 2 Andre S Painchaud Managing Director of Asia Internal
4 Herry Hykmanto Director Audit Office (AIAO)
5 Rita Mirasari Director 3 Yasuhiko Togo Managing Director, Head of Risk
Management Office for Asia, Chief
6 Dadi Budiana Director
Risk Office for Asia (ARMO)
7 Muljono Tjandra Director
4 Yutaka Fujishiro Managing Director, Head of
8 Thomas Sudarma Director Planning Office for Asia (POA)
9 Jin Yoshida*) Director
Management
*) Effective July 11, 2024
No Name Position
The composition of the Board of Commissioners,
Sharia Supervisory Board and the Board of Directors of Executive Officer, Country Head of
1 Kazushige Nakajima
Danamon as the Main Entity is as stated in the Company Indonesia
Profile Chapter of this Annual Report. 2 Michiyasu Yatabe
Managing Director, Head of Internal
Control for Indonesia
Managing Director, Deputy Head
Management Structure of FSI in the MUFG Group
3 Tadanobu Hirano of Japanese Corporate Banking for
Financial Conglomeration Indonesia
PT Adira Dinamika Multi Finance, Tbk. (Subsidiaries)
Managing Director, Head of Global
Board of Commissioners 4 Michael Sugirin*) Corporate & Institutional Banking
for Indonesia
No Name Position
Managing Director, Head of HR &
5 Dadi Arief Darmawan
Banking Operations for Indonesia
1 Daisuke Ejima President Commissioner
Managing Director, Head of
2 Krisna Wijaya Independent Commissioner 6 Yuki Hayashi Corporate Investment Banking &
3 Manggi Taruna Habir Independent Commissioner Products for Indonesia
4 Eng Heng Nee Philip Commissioner Managing Director, Head of Risk
7 Mahendra Rendiantama
5 Congsin Congcar Commissioner Management for Indonesia
8 Myreshka Head of Treasury for Indonesia
Managing Director, Head of
9 Yansen Darmaputra Systems for Indonesia (Senior
Management Officer)
Managing Director, Head of
10. Indro Tri Sutanto
Compliance for Indonesia
*) Effective since 15 July 2024
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PT Home Credit Indonesia (Sister Company)
Board of Commissioners Board of Directors
No Name Position No Name Position
Chandrashekar Subramanian
1 President Commissioner 1 Animesh Narang President Director
Krishoolndmangalam
2 Dan Harsono Commissioner 2 Volker Giebitz Director
3 I Dewa Made Susila Commissioner 3 Aditya Kesuma Director
4 I Nyoman Tjager Independent Commissioner 4 Yusron Anas Director
5 Manu Pal Director
6 Epivania Caroline Galag Director
7 Sylvia Lazuarni Director
8 Dolly Susanto Director
9 Cahyadi Poernomo Director
10 Ghayatri Shima Director
INTEGRATED CORPORATE GOVERNANCE STRUCTURE OF MUFG GROUP FINANCIAL
CONGLOMERATION
Member Entities of MUFG Group
Main Entity Danamon
Financial Conglomeration
General Meeting of Shareholders General Meeting of Shareholders
Sharia Supervisory BOC of Member Entities*
BOC Danamon
Board
Integrated Corporate
BOC Committees Governence Committee BOC Committees
Audit
Audit Committee Committee
BOD Member of
BOD Danamon
Integrated Risk Management Entities*
Committee
BOD Committees
Risk Management
IRMU BOD Committees
Function
Compliance
ICU
Function
Internal Audit
IIAU
Function
Other Function Other Function
IRMU : Integrated Risk Management Working Unit ICU : Integrated Compliance Working Unit IIAU : Integrated Internal Audit Working Unit Coordination and Supervision Function
* can be adjusted to the internal organs of Member Entities of MUFG Group Financial Conglomeration in consideration of the type of FSI, Company’s needs, Articles of
Association and prevailing laws and regulations according to each business sector.
The corporate governance implementation of each FSI within the MUFG Group Financial Conglomeration, including
the Board of Commissioners and Board of Directors Committees, is disclosed in each FSI’s annual report.
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INTEGRATED CORPORATE GOVERNANCE 2. The Duties and responsibilities of the Main Entity
POLICY Board of Directors
MUFG Group Financial Conglomeration has established a. Ensuring the implementation of Integrated
and updated the Integrated Corporate Governance Corporate Governance in the Financial
Guidelines approved by the Board of Commissioners Conglomeration with the following duties and
of the Main Entity and obtained recommendations responsibilities:
from the Corporate Governance Committee, Integrated 1) Prepare the Integrated Corporate Governance
Corporate Governance Committee, and the Board Policy;
of Commissioners of the Main Entity. This guideline 2) Direct, monitor and evaluate implementation
is the Terms of Reference for the implementation of of the Integrated Corporate Governance
Corporate Governance for Bank as the Main Entity as Policy; and
well as for Subsidiaries and Sister Company within the 3) Follow up on the recommendations or advice
MUFG Group Financial Conglomeration. from the Board of Commissioners of the Main
Entity to enhance the Integrated Corporate
DUTIES AND RESPONSIBILITIES OF THE BOC Governance Policy.
AND THE BOD OF THE MAIN ENTITY b. Ensuring that audit findings and recommendations
1. The Duties and responsibilities of the Main Entity of the Integrated Internal Audit Working Unit,
Board of Commissioners External Auditor, results of supervision by the
a. Overseeing the implementation of Integrated FSA and/or other authorities have been followed
Corporate Governance with duties and up by Entities in the Financial Conglomeration.
responsibilities of at least: c. Taking the responsibility to oversee functions of
1) Overseeing he implementation of Corporate Entities in the Financial Conglomeration.
Governance at each Entity to ensure that it is
in accordance with the Integrated Corporate DUTIES AND RESPONSIBILITIES OF THE MAIN
Governance Policy; ENTITY’S SHARIA SUPERVISORY BOARD
2) Overseeing the duties and responsibilities 1. Ensuring that the implementation of integrated
of the Board of Directors of the Main Entity corporate governance does not conflict with sharia
as well as providing guidance or advice to principles.
the Board of Directors of the Main Entity on 2. Overseeing the activities of financial service
the implementation of Integrated Corporate institutions to keep them in adherence to sharia
Govenance Policy; and principles.
3) Evaluating Integrated Corporate Governance
Policy and providing recommendations for IMPLEMENTATION OF DUTIES AND
policy improvements. RESPONSIBILITIES IN 2024
b. Establish an Integrated Corporate Governance 1. Implementation of Duties and responsibilities of
Committee in order to support the effectiveness the Main Entity Board of Commissioners
of the implementation of its duties. The implementation of the duties of the Main
c. Hold periodic meetings at least 1 (one) time per Entity’s Board of Commissioners in overseeing the
semester with the following provisions: implementation of Integrated Corporate Governance
1) The Main Entity’s Board of Commissioners is assisted by the Integrated Corporate Governance
meetings can be held via video conference. Committee. The Integrated Corporate Governance
2) The Main Entity’s Board of Commissioners Committee evaluates the implementation of the
meetings are recorded in the minutes of the Integrated Corporate Governance and reports it to
meetings and are documented. the Board of Commissioners.
3) Dissenting opinions that occur in the meetings
of the Main Entity’s Board of Commissioners During 2024, the Board of Commissioners of the
are noted clearly stated in the minutes of the Main Entity held 6 (six) internal meetings and 4
meeting along with the reasons for dissent. (four) meetings joint meetings the Board of Directors
of the Main Entity. There were 2 (two) Main Entity
Board of Commissioners meetings with agenda to
discuss the report of the Corporate Governance
Committee.
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2. Implementation of Duties and responsibilities of the Main Entity Board of Directors
The Board of Directors of the Main Entity with input, recommendations and direction from the Board of
Commissioners and the ICG Committee updated the Integrated Corporate Governance Policy MUFG Group
Financial Conglomeration. The Board of Directors of the Main Entity oversaw functions of entities in the financial
conglomeration through reports and meetings held during of year 2024.
The Board of Directors, through reports and meetings held, also ensured follow-ups on and improvements to audit
findings and recommendations from the Integrated Internal Audit Working Unit, External Auditors, and results of
oversight by the FSA and/or other Authorities.
In the fourth quarter of 2024, an examination was conducted by FSA Supervisor of Financial Conglomeration on
MUFG Group Financial Conglomeration. Based on the FSA Supervisor of Financial Conglomeration examination,
there are commitments that must be followed up with a maximum deadline of March 31, 2026. During 2024, none
of the follows up on audit results from the Regulator exceeded the agreed deadline.
To support the effectiveness of its oversight duties, the Board of Directors of the Main Entity also sit as members
of the Board of Commissioners in subsidiaries, as given below:
Name Position in Main Entity (Danamon) Position in Subsidiary of Financial Conglomeration
Daisuke Ejima President Director President Commissioner of PT Adira Dinamika Multi Finance, Tbk.
Hafid Hadeli Vice President Director Commissioner of PT Adira Dinamika Multi Finance, Tbk.
INTEGRATED CORPORATE GOVERNANCE COMMITTEE (ICG COMMITTEE)
In accordance with POJK No. 18/POJK.03/2014 and SEOJK No. 15/SEOJK.03/2015 on the Implementation of
Integrated Corporate Governance for Financial Conglomerates and POJK No. 45/POJK.03/2020 on Financial
Conglomerates, Danamon as the Main Entity has established an Integrated Corporate Governance Committee.
The Integrated Corporate Governance Committee was established to support the effectiveness of the duties of
the Board of Commissioners of the Main Entity and to assist the Board of Commissioners of the Main Entity in
its supervisory function related to the implementation of integrated corporate governance within the MUFG Group
Financial Conglomeration.
Further details on the Integrated Corporate Governance Committee’s Charter, Duties, Responsibilities, Authority,
Structure, Membership, Expertise and Legal Basis for Appointment, Member Independency, Term of Office, Policies
and Convention of Integrated Corporate Governance Committee Meetings, and Implementation of Duties of the
Integrated Corporate Governance Committee in 2024 can be seen in the Corporate Governance Implementation
Report in the Integrated Corporate Governance Committee section.
CORPORATE CHARTER
Danamon as the Main Entity has the Financial Conglomeration Corporate Charter for MUFG Group as regulated in
POJK No.45/POJK.03/2020 concerning Financial Conglomerates which has been updated in May 2024 and has
been submitted to FSA Supervisor of Financial Conglomeration.
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INTEGRATED
COMPLIANCE WORK UNIT
Based on POJK No. 18/POJK.03/2014 on the MUFG Bank Ltd in collaboration with PT Adira
Implementation of Integrated Corporate Governance Dinamika Multi Finance, Tbk has acquired shares of
for Financial Conglomerates, Danamon’s Compliance PT Mandala Multifinance Tbk amounting to 70.61% and
Working Unit also acts as an Integrated Compliance 10.00% respectively. On May 06, 2024, Danamon has
Working Unit that oversees the implementation of the submitted the MUFG Group Financial Conglomeration
compliance function in the MUFG Group Financial Member Change Report to FSA Supervisor of Financial
Conglomerate through regular and intensive coordination Conglomeration. Danamon has received a letter
with the Compliance Working Unit of subsidiaries and from FSA Supervisor of Financial Conglomeration
sister companies. Danamon’s Compliance Working dated May 30, 2024 in which the change of
Unit is an independent work unit or separate from the MUFG Group Financial Conglomeration member
operational work unit at the Main Entity. (PT Mandala Multifinance Tbk) will be processed after
the ownership change is recorded at FSA. Danamon
The change of MUFG Group Financial Conglomeration will continue to coordinate and monitor the process of
member with the addition of PT Home Credit Indonesia changing the shareholders of PT Mandala Multifinance
(HCID) has received approval from FSA Supervisor of Tbk.
Financial Conglomeration based on the approval letter
of MUFG Group Financial Conglomeration Member
Change dated March 15, 2024.
The structure of the MUFG Group Financial Conglomeration is as follows:
Compliance Director of the Main Entity
Integrated Compliance Working Unit of the Main Entity
Compliance Function Sister Companies
Compliance Function Subsidiaries
MEMBERSHIP STRUCTURE
The membership composition of the MUFG Group Financial Conglomeration is as follows:
Position of Financial Relationship with
No. Company Type of Business
Conglomeration Members Danamon
1 PT Bank Danamon Indonesia Tbk Bank Main Entity -
2 PT Adira Dinamika Multi Finance, Tbk. Financing Company Member Subsidiary
3 MUFG Bank Jakarta Branch Bank Member Sister Company
4 PT Home Credit Indonesia Financing Company Member Sister Company
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INTEGRATED COMPLIANCE WORKING UNIT 7. Informed all new relevant regulations to Subsidiaries.
DUTIES AND RESPONSIBILITIES 8. Periodically monitored the implementation of the
Duties and Responsibilities is a follows: Sister Companies‘ compliance functions based on
1. Monitor and evaluate the implementation of the reports submitted to the Main Entity Compliance
compliance function at each Entity in the MUFG Working Unit.
Grup Financial Conglomeration; 9. Monitored follow-up/commitment to improve the
2. Coordinate within each Compliance Working Unit of results of audit conducted by the FSA.
MUFG Group Financial Conglomeration members in 10. Conducted an integrated compliance risk
accordance with their functions; assessment and prepared an integrated compliance
3. Monitor corrective actions on compliance issues risk profile report.
submitted by each member of the MUFG Group 11. Coordinated assessments and compiled the
Financial Conglomeration, including the fulfillment results of integrated corporate governance self-
of follow-up on Regulatory audit findings; and assessments on a semi-annual basis.
4. Conduct self-assessment on the implementation
of integrated compliance risk management
in accordance with regulations and internal
methodologies.
IMPLEMENTATION OF INTEGRATED
COMPLIANCE WORKING UNIT DUTIES AND
RESPONSIBILITIES IN 2024
The Integrated Compliance Working Unit has carried
out its duties and responsibilities, among others:
1. Prepare an update to the corporate charter related
the addition of HCID as a member of the MUFG
Group Financial Conglomeration and submit it to
FSA Supervisor of Financial Conglomeration.
2. Ensured that the compliance function in each FSIs
in the MUFG Group Financial Conglomeration had
been set independently and supported by adequate
compliance policies or guidelines.
3. Coordinated and monitored the implementation of
Subsidiaries’ compliance function, including serving
as consultative function on compliance.
4. Periodically ensured the Subsidiaries’ compliance
with regulatory parameters.
5. Reviewed reports on the implementation of
compliance functions submitted by Subsidiaries on
a quarterly basis.
6. Coordinated and reported changes in financial
conglomeration members to the FSA.
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INTEGRATED INTERNAL AUDIT
WORKING UNIT
Structure and Position of Integrated Internal Audit Working Unit (IIAU)
President Director Audit Committee Board of Commissioners
Integrated Internal Audit Working Unit
(IAU Danamon)
Internal Audit Unit
MUFG Jakarta Branch
Internal Audit Unit
PT Home Credit Indonesia
Internal Audit Unit
PT Adira Dinamika Multi Finance Tbk.
Danamon as the main entity in MUFG Group Financial B.194/HCKP/0819. This appointment has been reported
Conglomeration has an Integrated Internal Audit to FSA based on Director Letter No. B.748 – DIR dated
Working Unit (IIAU), an independent unit from other August 15, 2019 regarding Report on Dismissal of
operating units, which the implementation of its duties the Acting Head of IAU and Appointment of the Head of
and responsibilities carried out by IIAU Danamon. IIAU IAU PT Bank Danamon Indonesia Tbk (Company).
reports to Danamon President Director and Board of
Commissioner via Audit Committee, and monitors Further details of IIAU including duties and
the implementation of internal audit of each entity in responsibilities, 2024 internal audit priorities as well as
Financial Conglomeration. plans and realization of audits as of December 31, 2024
can be seen in the Corporate Governance Report in the
Since August 12, 2019, Integrated Internal Audit Working part Internal Audit Unit (IAU).
Unit (IIAU) has been led by Yenny Linardi as Chief Internal
Auditor (Head of IAU) replacing Nathan Tanuwidjaja as
an acting Head of IAU, based on appointment letter No.
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IMPLEMENTATION OF
INTEGRATED RISK MANAGEMENT
MUFG GROUP FINANCIAL CONGOMERATION 1) Integrated Risk Management Committee
INTEGRATED RISK MANAGEMENT POLICY The membership of the MUFG Group Financial
AND ITS IMPLEMENTATION Conglomeration Integrated Risk Management
Danamon, as the Main Entity, has an Integrated Risk Committee consists of the Main Entity’s Risk
Management Policy for the MUFG Group Financial Management Director, Main Entity’s Compliance
Conglomeration, which has been prepared and reviewed Director, Main Entity’s SME Credit Director,
periodically based on the applicable provisions of the appointed Directors of Subsidiaries and Sister
FSA. Integrated Risk Management policy of MUFG Companies, and appointed Executive Officers of
Group Financial Conglomeration serves as the umbrella the relevant Main Entities. The Chairman of the
policy covering a risk management framework and as Committee is the Main Entity Risk Management
a guideline for integrated risk management within the Director.
MUFG Group Financial Conglomeration. Danamon’s Risk
Management Directorate is responsible for developing The Integrated Risk Management Committee
an overall risk management strategy that includes holds meetings periodically and at least once
policies, methodologies, frameworks, limits, procedures every 6 months. Each member as an individual
and controls on a regular basis. In 2024, a review of or group can request other meetings to discuss
this Integrated Risk Management policy of MUFG Group very important topics/issues with a 1x24 hour
Financial Conglomeration has been conducted. prior notice to the committee. The Integrated
Risk Management Committee meeting shall
Implementation of Integrated Risk Management is be chaired by the Chairman of the Committee.
carried out as follows: Should the Chairman be unable to attend, then
a. Active Oversight of the Main Entity’s Boards of the meeting shall be chaired by an Alternate
Directors and Commissioners Chairman.
Implementation of Integrated Risk Management
involves active supervision and oversight of 2) Integrated Risk Management Working Unit
the Board of Directors (BOD) and Board of Danamon as the Main Entity formed Risk
Commissioners (BOC) of Danamon as the Main Management Directorate which has role and
Entity. In supporting the effective integrated risk responsibility as Integrated Risk Management
management implementation, the Main Entity’s Working Unit in the implementation of integrated
BOD and BOC should understand the risks in the risk management within MUFG Group Financial
Financial Conglomeration, develop a risk culture, Conglomeration.
and ensure each FSI in MUFG Group Financial
Conglomeration implements the risk management. In The Risk Management Directorate is a separate
its implementation, an Integrated Risk Management and independent working unit from risk taking
Committee was established. unit and the internal control working unit.
b. Integrated Risk Management Organization In carrying out its function as an Risk Monitoring
In order to have a more comprehensive and effective Working Unit, the Danamon Risk Management
Integrated Risk Management, the Main Entity has set Directorate coordinates with the risk management
up an Integrated Risk Management Committee and working unit in each entity in the MUFG Group
an Integrated Risk Management Working Unit. Financial Conglomeration, with the following
authorities and responsibilities:
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• Give the input to Main Entity’s Board of INTRA-GROUP TRANSACTION POLICY
Directors and Integrated Risk Management Intra-Group Transaction Risk is the risk due to the
Committee in the preparation and dependence of an entity either directly or indirectly to
improvement of Integrated Risk Management other entities in Financial Conglomeration in order to
Policy. fulfill a contractual obligation of written or unwritten
• Monitoring the implementation of the agreement which followed by either transfer the funds
Integrated Risk Management Policy, including or not.
developing procedures and tools for risk
identification, measurement, monitoring, and Intra-Group Transaction Risk Management is
control. implemented with due consideration of transactions
• Conduct risk monitoring in the MUFG Group between entities within the MUFG Group Financial
Financial Conglomeration by monitoring the Conglomeration. Danamon, as the Main Entity, has
risk profile of each entity in the Financial governed the implementation of intra-group transaction
Conglomeration, both individually and risk management in the Intra-Group Transaction Policy
integratedly, including the level of risk for and reviews it periodically. Intra-group transaction
each type of risk in an integrated manner. limits are set through coordination between Danamon
• Conducting individual stress testing on as the Main Entity and Subsidiaries and Sister Company
the Main Entity and coordinating the Companies as Members of the MUFG Group Financial
implementation of consolidated stress testing Conglomeration.
with Subsidiaries that are consolidated
in the Main Entity (Vertical Financial The implementation of Intra-Group Transaction
Conglomeration/ Controlling shareholder). Risk Management involves identifying, measuring,
• Periodically reviewing risk measurement monitoring and controlling risks, and management
methods, the adequacy of management information systems. Intra-Group Transaction Risk can
information system, and the accuracy of arise from, among others:
integrated policies, procedures and risk - Cross-ownership between entities within the
limits. Financial Conglomeration.
• Review the proposals of new line of business - Centralization of short-term liquidity management.
that are strategic and significantly affect - The guarantee, loans, and commitments provided or
Financial Conglomeration’s risk exposures. obtained by an entity from other entities within the
New line of business can be in the form of and Financial Conglomeration.
entity that is part of Financial Conglomeration - Exposure to major shareholders, including loan and
enter in a new market segment that can off-balance sheet exposures such as guarantees
increase the risk exposure Financial and commitments.
Conglomeration. - Purchase or sale of assets to other entities within a
• Providing information to Integrated Risk Financial Conglomeration.
Management Committee about matters - Transfer of risk through reinsurance.
that need to be followed up regarding the - Transactions to shift third-party risk exposure
evaluation of the implementation of Integrated between entities within a Financial Conglomeration.
Risk Management.
• Prepare and deliver the integrated risk profile
reports to Risk Management Director and the
Integrated Risk Management Committee.
Further details on the Implementation of Risk
Management can be seen in the chapter Operational
Review with Sub chapter Risk Management in this
Annual Report.
432 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 435
Operational Corporate Sustainabillity Corporate
Review Governance Report Data
SELF-ASSESSMENT OF THE
IMPLEMENTATION OF INTEGRATED
CORPORATE GOVERNANCE IN 2024
Based on SEOJK No.15/SEOJK.03/2015 on the SELF-ASSESSMENT CRITERIA
Implementation of Integrated Corporate Governance 7 (seven) assessment factors of Integrated Corporate
for Financial Conglomerates, self-assessment of the Governance implementation, namely:
implementation of Integrated Corporate Governance 1. The implementation of the duties and responsibilities
is carried out every semester which includes an of the Main Entity’s Board of Directors.
assessment of 3 (three) aspects of Integrated Corporate 2. The implementation of the duties and responsibilities
Governance, namely: of the Main Entity’s Board of Commissioners.
1. Integrated Corporate Governance Structure 3. The duties and responsibilities of the Integrated
Assessment of the Integrated Corporate Corporate Governance Committee.
Governance structure aims to assess the adequacy 4. The duties and responsibilities of the Integrated
of the structure and infrastructure so that the Compliance Working Unit.
Integrated Corporate Governance implementation 5. The duties and responsibilities of the Integrated
process produces outcome in accordance with the Internal Audit Working Unit.
expectations of Stakeholders. 6. The implementation of Integrated Risk Management.
2. Integrated Corporate Governance Process 7. The preparation and implementation of Integrated
Assessment of the Integrated Corporate Governance Corporate Governance Guidelines.
process aims to assess the effectiveness of the
Integrated Corporate Governance implementation PARTIES CONDUCTING SELF-ASSESSMENT
process supported by the adequacy of structures The process of self-assessment of the implementation
and infrastructure that produce outcome in of Integrated Corporate Governance was conducted
accordance with Stakeholder expectations. by members of the Integrated Corporate Governance
3. Integrated Corporate Governance Outcome Committee by evaluating the adequacy of the structure,
Assessment of Integrated Corporate Governance process, and outcome of Integrated Corporate
outcomes aims to assess the quality that meets Governance in each assessment factor and considering
Stakeholder expectations. other information that is significant and relevant in the
implementation of Integrated Corporate Governance.
RESULTS OF SELF-ASSESSMENT OF THE IMPLEMENTATION OF INTEGRATED CORPORATE
GOVERNANCE IN 2024
The following are the results of the self-assessment of Integrated Corporate Governance implementation in the 1st
and 2nd semesters of 2024:
Rating Rating Definition
The Financial Conglomeration was assessed to have implemented Integrated Corporate Governance which
was generally Good. This was reflected in the adequate fulfillment of the implementation of Integrated Coporate
2 (Good)
Governance principles. If there were weaknesses in the implementation of Integrated Corporate Governance, in
general the weaknesses were less significant and could be resolved with normal actions by the Main Entity and/or FSI.
Based on the assessment results of 7 (seven) assessment factors of the implementation of Integrated Corporate Governance,
MUFG Group Financial Conglomeration has adequate governance structure and infrastructure that supports the effectiveness
of the process of implementing good Integrated Corporate Governance principles and the quality of the implementation of
Integrated Corporate Governance principles that can meet the expectations of Stakeholders, resulting in generally good
Integrated Corporate Governance implementation results in MUFG Group Financial Conglomeration.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 433
Page 436
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
IMPLEMENTATION OF THE ASEAN
CORPORATE GOVERNANCE
SCORECARD
No. Principles and Recommendations Page
A RIGHTS AND EQUITABLE TREATMENT OF SHAREHOLDERS
A.1 BASIC SHAREHOLDER RIGHTS
A.1.1 Does the Company pay (interim and final/annual) dividends in an equitable and timely manner; that is, all shareholders are
treated equally and paid within 30 days after being (i) declared for interim dividends and (ii) approved by shareholders at
130
general meetings for final dividends? In case the Company has offered Scrip dividend, did the Company paid the dividend
within 60 days.
A.2 RIGHT TO PARTICIPATE EFFECTIVELY IN AND VOTE IN GENERAL SHAREHOLDER MEETINGS AND SHOULD BE
INFORMED OF THE RULES, INCLUDING VOTING PROCEDURES, THAT GOVERN GENERAL SHAREHOLDER MEETINGS.
A.2.1 Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, allowances, benefit-in- 300, 312-313, 348-349, 399-403
kind and other emoluments) or any increases in remuneration for the non-executive directors/commissioners?
A.2.2 Does the Company provide non-controlling shareholders a right to nominate candidates for board of directors/commissioners? 296, 300
A.2.3 Does the Company allow shareholders to elect directors/commissioners individually? 296
A.2.4 Does the Company disclose the voting procedures used before the start of meeting? 296, 297
https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/
INDO/Tata-Tertib-AGMS-22-
Maret-2024_bilingual-final.pdf
A.2.5 Do the minutes of the most recent AGM record that the shareholders were given the opportunity to ask questions and the 298
questions raised by shareholders and answers given recorded? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/EN/v4/
Ringkasan-Risalah_eng.pdf
A.2.6 Does the Company disclose the voting results including approving, dissenting, and abstaining votes for all resolutions/each
299-301
agenda item for the most recent AGM?
A.2.7 Does the Company disclose the list of board members who attended the most recent AGM? 298
A.2.8 Does the Company disclose that all board members and the CEO (if he is not a board member) attended the most recent AGM? 298
A.2.9 Does the Company allow voting in absentia? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/
INDO/Tata-Tertib-AGMS-22-
Maret-2024_bilingual-final.pdf
A.2.10 Did the Company vote by poll (as opposed to by show of hands) for all resolutions at the most recent AGM? 297
A.2.11 Does the Company disclose that it has appointed an independent party (scrutineers/inspectors) to count and/or validate the
298
votes at the AGM?
A.2.12 Does the Company make publicly available by the next working day the result of the votes taken during the most recent AGM/ 299
EGM for all resolutions? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/EN/v4/
Ringkasan-Risalah_eng.pdf
A.2.13 Does the Company provide at least 21 days notice for all AGMs and EGMs? 299
https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/EN/v4/
Ringkasan-Risalah_eng.pdf
A.2.14 Does the Company provide the rationale and explanation for each agenda item which require shareholders’ approval in the
296,297
notice of AGM/circulars and/or the accompanying statement?
A.2.15 Does the Company give the opportunity for shareholders to place item/s on the agenda of general meetings and/or to request
296,297
for general meetings subject to a certain percentage?
A.3 MARKETS FOR CORPORATE CONTROL SHOULD BE ALLOWED TO FUNCTION IN AN EFFICIENT AND TRANSPARENT MANNER.
A.3.1 In cases of mergers, acquisitions and/or takeovers requiring shareholders’ approval, does the board of directors/commissioners Yes.
of the Company appoint an independent party to evaluate the fairness of the transaction price? However, there were no
acquisitions process conducted
by Danamon in 2024.
A.4 THE EXERCISE OF OWNERSHIP RIGHTS BY ALL SHAREHOLDERS, INCLUDING INSTITUTIONAL INVESTORS, SHOULD BE
FACILITATED.
A.4.1 Does the Company disclose its practices to encourage shareholders to engage with the Company beyond general meetings? 297,405,398
A.5 SHARES AND VOTING RIGHTS
A.5.1 Where the Company has more than one class of shares, does the Company publicise the voting rights attached to each class of 296
shares (e.g. through the Company website/reports/ the stock exchange/ the regulator’s website)? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/
INDO/Tata-Tertib-AGMS-22-
Maret-2024_bilingual-final.pdf
434 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 437
Operational Corporate Sustainabillity Corporate
Review Governance Report Data
No. Principles and Recommendations Page
A.6 NOTICE OF AGMS
A.6.1 Does each of the resolutions tabled at the most recent annual general meeting deal with only one item, i.e., there is no bundling
299-301
of several items into the same resolution?
A.6.2 Are the Company's notice of the most recent AGMS/circulars fully translated into English and published on the same date as 299
the local-language version? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/INDO/v5/
Invitation.pdf
Does the notice of AGM/circulars have the following details:
A.6.3 Are the profiles of directors/commissioners (at least age, academic qualification, date of first appointment, experience, and https://www.danamon.co.id/-/
directorships in other listed companies) in seeking election/re-election included? media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/INDO/v5/
Invitation.pdf
https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/EN/v2/
Profil-Calon-Direktur-eng.pdf
A.6.4 Are the auditors seeking appointment/re-appointment clearly identified? 93, 391-392
https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/INDO/v5/
Invitation.pdf
https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/INDO/
Profil-AP-dan-KAP.pdf
A.6.5 Were the proxy documents made easily available? https://www.danamon.co.id/-/
media/ALL-CONTENT-ABOUT-
DANAMON/RUPS/2024/INDO/v5/
Invitation.pdf
https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/RUPS
A.7 INSIDER TRADING AND ABUSIVE SELF-DEALING SHOULD BE PROHIBITED.
A.7.1 Are the directors/commissioners required to report their dealings in Company shares within 3 business days? 305,311,343,348
Yes.
Directors/Commissioners are
required to report their transaction
of company shares in accordance
with provisions.
A.8 RELATED PARTY TRANSACTIONS BY DIRECTORS AND KEY EXECUTIVES.
A.8.1 Does the Company have a policy requiring a committee of independent directors/commissioners to review material RPTs to 325
determine whether they are in the best interests of the Company and shareholders? Yes.
The company has a policy
regarding this matter.
A.8.2 Does the Company have a policy requiring board members (directors/commissioners) to abstain from participating in the board 292-293,372
discussion on a particular agenda when they are conflicted? Yes.
The company has a policy
regarding this matter.
A.8.3 Does the Company have policies on loans to directors and commissioners either forbidding this practice or ensuring that they 292,394
are being conducted at arm's length basis and at market rates? Yes.
The company has a policy
regarding this matter.
A.9 PROTECTING MINORITY SHAREHOLDERS FROM ABUSIVE ACTIONS
A.9.1 Does the Company disclose that RPTs are conducted in such a way to ensure that they are fair and at arms' length? 394
A.9.2 In case of related party transactions requiring shareholders' approval, is the decision made by disinterested shareholders? Yes
C SUSTAINABILITY AND RESILIENCE
C.1 SUSTAINABILITY-RELATED DISCLOSURE SHOULD BE CONSISTENT, COMPARABLE AND RELIABLE, AND INCLUDE
RETROSPECTIVE AND FORWARD-LOOKING MATERIAL INFORMATION THAT A REASONABLE INVESTOR WOULD
CONSIDER IMPORTANT IN MAKING AN INVESTMENT OR VOTING DECISION
Material Sustainability-related information should be specified
C.1.1 Does the Company identify/report ESG topics that are material to the organization’s strategy? 473
C.1.2 Does the Company identify climate change as an issue? 473
Note: Climate change as one
of the SR BDI material issues
under the topic/pillar Responsible
Workplace Management.
C.1.3 Does the Company adopt an internationally recognized reporting framework or standard for sustainability (i.e. GRI, Integrated
503
Reporting, SASB, IFRS Sustainability Disclosure Standards)?
If A Company Publicly Sets A Sustainability-Related Goal Or Target, The Disclosure Framework Should Provide That Reliable
Metrics Are Regularly Disclosed In An Easily Accessible Form
C.1.4 Does the Company disclose quantitative sustainability target? 470,477
C.1.5 Does the Company disclose sustainability-related performance progress in relation to its previously set targets?
477
C.1.6 Does the Company confirm that its Sustainability Report/Reporting is reviewed and /or approved by the Board or Board
38-39
Committee?
C.2 Corporate Governance Frameworks Should Allow For Dialogue Between A Company, Its Shareholders And Stakeholders To
Exchange Views On Sustainability Matters
C.2.1 Does the Company engage internal stakeholders to exchange views and gather feedback on sustainability matters that are
material to the business of the Company? 471-472
C.2.2 Does the Company engage external stakeholders to exchange views and gather feedback on sustainability matters that are
471-472,542
material to the business of the Company?
PT Bank Danamon Indonesia Tbk 2024 Annual Report 435
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
No. Principles and Recommendations Page
C.3 The Corporate Governance Framework Should Ensure That Boards Adequately Consider Material Sustainability Risks And
Opportunities When Fulfilling Their Key Functions In Reviewing, Monitoring And Guiding Governance Practices, Disclosure,
Strategy, Risk Management And Internal Control Systems, Including With Respect To Climate-Related Physical And
Transition Risks
Boards should assess whether the Company’s capital structure is compatible with its strategic goals and its associated risk
appetite to ensure it is resilient to different scenarios
C.3.1 Does the Company disclose that the board reviews on an annual basis that the Company's capital and debt structure is
128,314,364
compatible with its strategic goals and its associated risk appetite?
C.4 The Corporate Governance Framework Should Recognize The Rights Of Stakeholders Established By Law Or Through
Mutual Agreements And Encourage Active Cooperation Between Corporations And Stakeholders In Creating Wealth, Jobs,
And The Sustainability Of Financially Sound Enterprises.
Does the Company disclose a policy and practices that address :
C.4.1 The existence and scope of the Company's efforts to address customers' welfare? 473
Note: Financial Access/Financial
Inclusion and Community
Development as one of the
material issues of SR BDI under
the topic/pillar of Responsible
Workplace Management.
C.4.2 Supplier/contractor selection procedures? 480-481
C.4.3 The Company's efforts to ensure that its value chain is environmentally friendly or is consistent with promoting sustainable
480-481
development?
C.4.4 The Company's efforts to interact with the communities in which they operate? 489-491
C.4.5 The Company's anti-corruption programmes and procedures? 412
C.4.6 How creditors' rights are safeguarded? 418
C.4.7 Does the Company have a separate report/section that discusses its efforts on environment/economy and social issues? 463-504
C.5 Where Stakeholder Interests Are Protected By Law, Stakeholders Should Have The Opportunity To Obtain Effective
Redress For Violation Of Their Rights.
C.5.1 Does the Company provide contact details via the Company’s website or Annual Report which stakeholders (e.g. customers, 405,414
suppliers, general public etc.) can use to voice their concerns and/or complaints for possible violation of their rights? 492,502
C.6 Mechanisms For Employee Participation Should Be Permitted To Develop.
C.6.1 Does the Company explicitly disclose the policies and practices on health, safety and welfare for its employees? 276,278
495
C.6.2 Does the Company explicitly disclose the policies and practices on training and development programmes for its employees? 285,493
C.6.3 Does the Company have a reward/compensation policy that accounts for the performance of the Company beyond short-term 278
financial measures? 494
C.7 Stakeholders Including Individual Employee And Their Representative Bodies, Should Be Able To Freely Communicate
Their Concerns About Illegal Or Unethical Practices To The Board And Their Rights Should Not Be Compromised For Doing
This.
C.7.1 Does the Company have a whistle blowing policy which includes procedures for complaints by employees and other
stakeholders concerning alleged illegal and unethical behavior and provide contact details via the Company's website or annual 414
report?
C.7.2 Does the Company have a policy or procedures to protect an employee/person who reveals alleged illegal/unethical behavior
414
from retaliation?
D DISCLOSURE AND TRANSPARENCY
D.1 TRANSPARENT OWNERSHIP STRUCTURE
D.1.1 Does the information on shareholdings reveal the identity of beneficial owners, holding 5% shareholding or more? 86,87
D.1.2 Does the Company disclose the direct and indirect (deemed) shareholdings of major and/or substantial shareholders? 87
D.1.3 Does the Company disclose the direct and indirect (deemed) shareholdings of directors (commissioners)? 86
D.1.4 Does the Company disclose the direct and indirect (deemed) shareholdings of senior management? 86
D.1.5 Does the Company disclose details of the parent/holding Company, subsidiaries, associates, joint ventures and special purpose
90-92
enterprises/ vehicles (SPEs)/ (SPVs)?
D.2 QUALITY OF ANNUAL REPORT
Does the Company's annual report disclose the following items:
D.2.1 Corporate objectives 47
D.2.2 Financial performance indicators 8
D.2.3 Non-financial performance indicators 102
D.2.4 Dividend policy 130
D.2.5 Biographical details (at least age, academic qualifications, date of first appointment, relevant experience, and any other
62-76
directorships of listed companies) of all directors/commissioners
Corporate Governance Confirmation Statement
D.2.6 Does the Annual Report contain a statement confirming the Company's full compliance with the code of corporate governance
and where there is noncompliance, identify and explain reasons for each such issue? 291-294,381,396-397
D.3 Remuneration Of Members Of The Board And Key Executives
D.3.1 Is there disclosure of the fee structure for non-executive directors/commissioners? 312-313,401-403
D.3.2 Does the Company publicly disclose [i.e. annual report or other publicly disclosed documents] details of remuneration of each
312-313,401-403
non-executive director/commissioner?
436 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 439
Operational Corporate Sustainabillity Corporate
Review Governance Report Data
No. Principles and Recommendations Page
D.3.3 Does the Company disclose its remuneration (fees, allowances, benefit-in-kind and other emoluments) policy/practices (i.e. the
348-349, 399-403
use of short term and long term incentives and performance measures) for its executive directors and CEO?
D.3.4 Does the Company publicly disclose [i.e. annual report or other publicly disclosed documents] the details of remuneration of
348-349, 399-403
each of the executive directors and CEO [if he/she is not a member of the Board]?
D4 DISCLOSURE OF RELATED PARTY TRANSACTIONS (RPT)
D.4.1 Does the Company disclose its policy covering the review and approval of material RPTs? 130-131,404
D.4.2 Does the Company disclose the name, relationship, nature and value for each material RPTs? 130-131,404
D.5 DIRECTORS AND COMMISSIONERS DEALINGS IN SHARES OF THE COMPANY
D.5.1 Does the Company disclose trading in the Company’s shares by insiders? 418
D.6 EXTERNAL AUDITOR AND AUDITOR REPORT
Where the same audit firm is engaged for both audit and non-audit services
D.6.1 Are the audit and non-audit fees disclosed? 391-392
D.6.2 Does the non-audit fee exceed the audit fees? 391-392
D.7 MEDIUM OF COMMUNICATIONS
Does the Company use the following modes of communication?
D.7.1 Quarterly reporting 375,398
D.7.2 Company website 45,405,406
D.7.3 Analyst briefing 398,405
D.7.4 Media briefings 45,405,406
D.8 Timely Filing/Release Of Annual/Financial Reports
D.8.1 Are the audited annual financial report/statement released within 120 days from the financial year end? 547-555
D.8.2 Is the annual report released within 120 days from the financial year end? 38-39
D.8.3 Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/
38-39
commissioners and/or the relevant officers of the Company?
D.9 Company Website
Does the Company have a website disclosing up-to-date information on the following:
D.9.1 Financial statements/reports (latest quarterly) https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/Informasi-
Keuangan/Laporan-Triwulanan
D.9.2 Materials provided in briefings to analysts and media https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/Materi-Investor
D.9.3 Downloadable annual report https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/Informasi-
Keuangan/Laporan-Tahunan
D.9.4 Notice of AGM and/or EGM https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/RUPS
D.9.5 Minutes of AGM and/or EGM https://www.danamon.
co.id/en/Tentang-Danamon/
InformasiInvestor/RUPS
D.9.6 Company's constitution (Company's by-laws, memorandum and articles of association) https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Anggaran-Dasar
D.10 Investor Relations
D.10.1 Does the Company disclose the contact details (e.g. telephone, fax, and e-mail) of the officer/office responsible for investor
45,405
relations?
E Responsibilities Of The Board
E.1 Board Duties And Responsibilities
Clearly defined board responsibilities and corporate governance policy
E.1.1 Does the Company disclose its corporate governance policy/board charter? 304,341
https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Pedoman-Kerja-Pelatihan-
Dewan-Komisaris-dan-Direksi
E.1.2 Are the types of decisions requiring board of directors/commissioners' approval disclosed ? 305-307, 343-344
E.1.3 Are the roles and responsibilities of the board of directors/commissioners clearly stated ? 305-307,343-344
Corporate Vision/Mission
E.1.4 Does the Company have an updated vision and mission statement? 47-48
E.1.5 Does the board of directors play a leading role in the process of developing and reviewing the Company's strategy at least
31-33,343-344,353-354
annually?
E.1.6 Does the board of directors have a process to review, monitor and oversee the implementation of the corporate strategy? 31-33
PT Bank Danamon Indonesia Tbk 2024 Annual Report 437
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
No. Principles and Recommendations Page
E.2 Board Structure
Code of Ethics or Conduct
E.2.1 Are the details of the code of ethics or conduct disclosed? 411
E.2.2 Are all directors/commissioners, senior management and employees required to comply with the code/s? 411
E.2.3 Does the Company have a process to implement and monitor compliance with the code/s of ethics or conduct? 411
Board Structure & Composition
E.2.4 Do independent directors/commissioners make up at least 50% of the board of directors/commissioners? 307,308,345
E.2.5 Does the Company have a term limit of nine years or less or 2 terms of five years 1 each for its independent directors/
308,346
commissioners?
E.2.6 Has the Company set a limit of five board seats that an individual independent/non-executive director/commissioner may hold
310,311,348
simultaneously?
E.2.7 Does the Company have any executive directors who serve on more than two boards of listed companies outside of the group? 310,311,348
Nominating Committee
E.2.8 Does the Company have a Nominating Committee? 332-335
E.2.9 Is the Nominating Committee comprised of a majority of independent directors/commissioners? 333,334
E.2.10 Is the chairman of the Nominating Committee an independent director/commissioner? 334
E.2.11 Does the Company disclose the terms of reference/ governance structure/charter of the Nominating Committee? 332
https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Pedoman-Kerja-Pelatihan-
Dewan-Komisaris-dan-Direksi
E.2.12 Is the meeting attendance of the Nominating Committee disclosed and if so, did the Nominating Committee meet at least twice
335
during the year?
Remuneration Committee/Compensation Committee
E.2.13 Does the Company have a Remuneration Committee? 332-335
E.2.14 Is the Remuneration Committee comprised entirely of non-executive directors/commissioners with a majority of independent
333-334
directors/commissioners ?
E.2.15 Is the chairman of the Remuneration Committee an independent director/commissioner? 334
E.2.16 Does the Company disclose the terms of reference/ governance structure/ charter of the Remuneration Committee? 332
https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Pedoman-Kerja-Pelatihan-
Dewan-Komisaris-dan-Direksi
E.2.17 Is the meeting attendance of the Remuneration Committee disclosed and, if so, did the Remuneration Committee meet at least
335
twice during the year?
Audit Committee
E.2.18 Does the Company have an Audit Committee? 323-327
E.2.19 Is the Audit Committee comprised entirely of non-executive directors/commissioners with a majority of independent directors/
325
commissioners?
E.2.20 Is the chairman of the Audit Committee an independent director/commissioner? 325
E.2.21 Does the Company disclose the terms of reference/governance structure/charter of the Audit Committee? 323
https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Pedoman-Kerja-Pelatihan-
Dewan-Komisaris-dan-Direksi
E.2.22 Does at least one of the independent directors/commissioners of the committee have accounting expertise (accounting
325
qualification or experience)?
E.2.23 Is the meeting attendance of the Audit Committee disclosed and, if so, did the
326-327
Audit Committee meet at least four times during the year?
E.2.24 Does the Audit Committee have primary responsibility for recommendation on the appointment, and removal of the external
323-325
auditor?
E.3 BOARD PROCESSES
Board meetings and attendance
E.3.1 Are the board of directors meeting scheduled before the start of financial year? 315,353
E.3.2 Does the board of directors/commissioners meet at least six times during the year? 313-315,350-353
E.3.3 Has each of the directors/commissioners attended at least 75% of all the board meetings held during the year? 315,353
E.3.4 Does the Company require a minimum quorum of at least 2/3 for board decisions? 313,349-350
E.3.5 Did the non-executive directors/commissioners of the Company meet separately at least once during the year without any
313-315,350-353
executives present?
Access to information
E.3.6 Are board papers for board of directors/commissioners meetings provided to the board at least five business days in advance 373
of the board meeting? https://www.danamon.co.id/en/
Tentang-Danamon/TataKelola/
Pedoman-Kerja-Pelatihan-
Dewan-Komisaris-dan-Direksi
E.3.7 Does the Company secretary play a significant role in supporting the board in discharging its responsibilities? 373
438 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
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No. Principles and Recommendations Page
E.3.8 Is the Company secretary trained in legal, accountancy or Company secretarial practices and has kept abreast on relevant
373-374
developments?
Board Appointments and Re-Election
E.3.9 Does the Company disclose the criteria used in selecting new directors/commissioners? 304,309,341,345
E.3.10 Did the Company describe the process followed in appointing new directors/commissioners? 304,332,341,345
E.3.11 Are all directors/commissioners subject to re-election every 3 years; or 5 years for listed companies in countries whose
308,346
legislation prescribes a term of 5 years each?
Remuneration Matters
E.3.12 Do the shareholders or the Board of Directors approve the remuneration of the executive directors and/or the senior
300,312,313,348,349,399-403
executives?
E.3.13 Does the Company have measurable standards to align the performance-based remuneration of the executive directors and
312,313,348,349,399-403
senior executives with long-term interests of the Company, such as claw back provision and deferred bonuses?
Internal Audit
E.3.14 Does the Company have a separate internal audit function? 386-390
E.3.15 Is the head of internal audit identified or, if outsourced, is the name of the external firm disclosed? 386-390
E.3.16 Does the appointment and removal of the internal auditor require the approval of the Audit Committee? 386-390
Risk Oversight
E.3.17 Does the Company establish a sound internal control procedures/risk management framework and periodically review the
393,395
effectiveness of that framework?
E.3.18 Does the Annual Report/Annual CG Report disclose that the board of directors/commissioners has conducted a review of the
393,395
Company's material controls (including operational, financial and compliance controls) and risk management systems?
E.3.19 Does the Company disclose the key risks to which the Company is materially exposed to (i.e. financial, operational including IT,
393,395
environmental, social, economic)?
E.3.20 Does the Annual Report/Annual CG Report contain a statement from the board of directors/commissioners or Audit Committee
393,395
commenting on the adequacy of the Company's internal controls/risk management systems?
E.4 PEOPLE ON THE BOARD
Board Chairman
E.4.1 Do different persons assume the roles of chairman and CEO? 62,68,307,345
E.4.2 Is the chairman an independent director/commissioner? 307
E.4.3 Is any of the directors a former CEO of the Company in the past 2 years? 68-76
E.4.4 Are the roles and responsibilities of the chairman disclosed? 307
Lead Independent Director
E.4.5 If the Chairman is not independent, has the Board appointed a Lead/Senior Independent Director and has his/her role been
308-310
defined?
Skills and Competencies
E.4.6 Does at least one non-executive director/commissioner have prior working experience in the major sector that the Company is
62-76
operating in?
E.5 Board Performance
Directors Development
E.5.1 Does the Company have orientation programmes for new directors/commissioners? 315,355
E.5.2 Does the Company have a policy and actual practice and programs that encourages directors/commissioners to attend on-
316,355
going or continuous professional education programmes?
CEO/Executive Management Appointments and Performance
E.5.3 Does the Company disclose the process on how the board of directors/commissioners plans for the succession of the CEO/ 345
Managing Director/President and key management?
E.5.4 Does the board of directors/commissioners conduct an annual performance assessment of the CEO/Managing Director/
315, 354
President?
Board Appraisal
E.5.5 Did the Company conduct an annual performance assessment of the board of directors/commissioners and disclose the
315, 354
criteria and process followed for the assessment?
Director Appraisal
E.5.6 Did the Company conduct an annual performance assessment of the individual directors/commissioners and disclose the
315, 354
criteria and process followed for the assessment?
Committee Appraisal
E.5.7 Did the Company conduct an annual performance assessment of the board committees and disclose the criteria and process
followed for the assessment? 317
PT Bank Danamon Indonesia Tbk 2024 Annual Report 439
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
Level 2 BONUS ITEMS
No. Principles and Recommendations Page
(B)A. Rights of shareholders
(B)A.1 Right to participate effectively in and vote in general shareholders meeting and should be informed of the rules, including voting procedures, that
govern general shareholders meeting.
(B)A.1.1 Does the Company practice real time secure electronic voting in absentia at general meetings of shareholders? https://www.danamon.
co.id/-/media/ALL-
CONTENT-ABOUT-
DANAMON/RUPS/2024/
INDO/Tata-Tertib-AGMS-
22-Maret-2024_bilingual-
final.pdf
(B)B. Equitable treatment of shareholders
(B)B.1 Notice of AGMS
(B)B.1.1 Does the Company release its notice of AGMS (with detailed agendas and explanatory circulars), as announced to the 299
Exchange, at least 28 days before the date of the meeting?
(B)C. SUSTAINABILITY AND RESILIENCE
(B)C.1
(B).C.1.1 Does the Company disclose how it manages climate-related risks and opportunities? 468
(B).C.1.2 Does the Company disclose that its Sustainability Report/Sustainability Reporting is externally assured? 504
(B).C.1.3 Does the Company disclose the engagement channel with stakeholder groups and how the Company responds to 471-472
stakeholders’ ESG concerns?
(B).C.1.4 Does the Company have a unit/division/committee who is specifically responsible to manage the sustainability matters? 467
(B).C.1.5 Does the Company disclose board of directors/commissioners' oversight of sustainability-related risks and opportunities? 467
(B).C.1.6 Does the Company disclose the linkage between executive directors and senior management remuneration and sustainability 348,349,399-403
performance for the previous year? 494
(B).C.1.7 Is the Company’s Whistle Blowing System managed by independent parties/institutions? 414
480
(B)D. DISCLOSURE AND TRANSPARENCY
(B)D.1 Quality of Annual Report
(B)D.1.1 Are the audited annual financial report /statement released within 60 days from the financial year end? 299,547-555
(B)E. RESPONSIBILITIES OF THE BOARD
(B)E.1 Board Competencies and Diversity
(B)E.1.1 Does the Company have at least one female independent director/commissioner? 67,307,345
(B)E.1.2 Does the Company have a policy and disclose measurable objectives for implementing its board diversity and report on 312,344
progress in achieving its objectives?
(B)E.2 Board Structure
(B)E.2.1 Is the Nominating Committee comprise entirely of independent directors/commissioners? 334
(B)E.2.2 Does the Nominating Committee undertake the process of identifying the quality of directors aligned with the Company's 332,333
strategic directions?
(B)E.3 Board Appointments and Re-Election
(B)E.3.1 Does the Company use professional search firms or other external sources of candidates (such as director databases set up 332,345
by director or shareholder bodies) when searching for candidates to the board of directors/commissioners?
(B)E.4 Board Structure & Composition
(B)E.4.1 Do independent non-executive directors/commissioners make up more than 50% of the board of directors/commissioners for 307,345
a Company with independent chairman?
(B)E.5 Risk Oversight
(B)E.5.1 Does the Company disclose that its Board identified key risk in relation to information technology including disruption, cyber 149,153,369,393
security, and disaster recovery, to ensure that such risks are managed and integrated into the overall risk management
framework?
(B)E.6 Board Performance
(B)E.6.1 Does the Company have a separate board level Risk Committee? 328-331,360-362,368-
369,393.
440 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
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No. Principles and Recommendations Page
(P)A RIGHTS OF SHAREHOLDERS
(P)A.1 Basic shareholder rights
(P)A.1.1 Did the Company fail or neglect to offer equal treatment for share repurchases to all shareholders? 403
(P)A.2 Shareholders, including institutional shareholders, should be allowed to consult with each other on issues concerning their
basic shareholder rights as defined in the Principles, subject to exceptions to prevent abuse.
(P) A.2.1 Is there evidence of barriers that prevent shareholders from communicating or consulting with other shareholders? No
(P)A.3 Right to participate effectively in and vote in general shareholders meeting and should be informed of the rules, including
voting procedures, that govern general shareholders meeting.
(P) A.3.1 Did the Company include any additional and unannounced agenda item into the notice of AGMS/EGMS? No.
The Company will include
additional agenda items (if any)
upon prior notification to the FSA.
(P) A.3.2 Was the Chairman of the Board and the Chairmen of all Board Committees and the CEO absent from the most recent General 298
Meeting?
(P) A.4 Capital structures and arrangements that enable certain shareholders to obtain a degree of control disproportionate to
their equity ownership should be disclosed.
Did the Company fail to disclose the existence of:
(P) A.4.1 Shareholders agreement? No
(P)A.4.2 Voting cap? No
(P) A.4.3 Multiple voting rights? No
(P) A.5 Capital structures and arrangements that enable certain shareholders to obtain a degree of control disproportionate to
their equity ownership should be disclosed.
(P) A.5.1 Is a pyramid ownership structure and/ or cross holding structure apparent? 90
(P) B EQUITABLE TREATMENT OF SHAREHOLDERS
(P) B.1 Insider trading and abusive self-dealing should be prohibited.
(P) B.1.1 Has there been any conviction of insider trading involving directors/commissioners, management and employees in the past No
381
three years?
(P) B.2 Protecting minority shareholders from abusive action
(P) B.2.1 Has there been any cases of non compliance with the laws, rules and regulations pertaining to material related party No
396-397
transactions in the past three years?
(P) B.2.2 Were there any RPTs that can be classified as financial assistance (i.e not conducted at arms length) to entities other than No
131
wholly-owned subsidiary companies?
(P) C ROLE OF STAKEHOLDERS
(P) C.1 The rights of stakeholders that are established by law or through mutual agreements are to be respected.
(P) C.1.1 Have there been any violations of any laws pertaining to labour/employment/ consumer/insolvency/ commercial/competition or 396-397
environmental issues?
(P) C.2 Where stakeholders participate in the corporate governance process, they should have access to relevant, sufficient and
reliable information on a timely and regular basis.
(P) C.2.1 Has the Company faced any sanctions by regulators for failure to make announcements within the requisite time period for No
381
material events?
(P) C.2.2 Is there any evidence that the Company is engaging in greenwashing activities? No
(P) D DISCLOSURE AND TRANSPARENCY
(P) D.1 Sanctions from regulator on financial reports
(P) D.1.1 Did the Company receive a "qualified opinion" in its external audit report? 547
(P) D.1.2 Did the Company receive an "adverse opinion" in its external audit report? 547
(P) D.1.3 Did the Company receive a "disclaimer opinion" in its external audit report? 547
(P) D.1.4 Has the Company in the past year revised its financial statements for reasons other than changes in accounting policies? No
(P) E RESPONSIBILITIES OF THE BOARD
(P) E.1 Compliance with listing rules, regulations and applicable laws
(P) E.1.1 Is there any evidence that the Company has not complied with any listing rules and regulations apart from disclosure rules over No
381,396-397
the past year?
(P)E.1.2 Have there been any instances where non-executive directors/commissioner have resigned and raised any issues of No
governance-related concerns?
PT Bank Danamon Indonesia Tbk 2024 Annual Report 441
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
No. Principles and Recommendations Page
(P) E.2 Board structure
(P) E.2.1 Does the Company have any independent directors/commissioners who have served for more than nine years or two terms of 308,346
five years each (which ever is higher) in the same capacity?
1 The five years term must be required by legislation which pre-existed before the introduction of the ASEAN Corporate
Governance Scorecard in 2011
(P) E.2.2 Did the Company fail to correctly identify the description of all their directors as independent, non-executive, and executive? 308,346
(P) E.2.3 Does the Company have any independent directors/non- executive/commissioners who serve on a total of more than five 310,311,348
boards of publicly-listed companies?
(P) E.3 External Audit
(P) E.3.1 Is any of the directors or senior management a former employee or partner of the current external auditor (in the past 2 years)? No
68-76
(P) E.4 Board structure and composition
(P) E.4.1 Has the chairman been the Company CEO in the last three years? 308
(P) E.4.2 Do non-executive directors/commissioners receive options, performance shares or bonuses? 399-403
442 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
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SHARIA
BUSINESS UNIT (UUS)
GOVERNANCE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 443
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
CORPORATE GOVERNANCE
SHARIAH BUSINESS UNIT (iB Unit)
INTRODUCTION INITIATIVES OF DANAMON IB UNIT
The implementation of Corporate Governance in the In line with the parent bank’s strategy and commitment
Danamon iB Unit is based on 5 (five) basic principles of and consistent with the direction of the Financial Services
Good Corporate Governance (GCG), as follows: Authority (OJK) to pursue aggressive yet quality growth
in the Sharia banking industry, the Danamon iB Unit
1. Transparency, as in being transparent in disclosing has been very consistent in improving its performance
material and relevant information and in revealing and business growth through the execution of its
the decision-making process. leveraging strategy with optimum use of infrastructure
2. Accountability, as in clarity of function and and office networks (Office Channeling) of the parent
implementation of accountability of Bank governance bank. Executing the parent bank’s leveraging strategy
bodies to ensure effective management. for more optimum use of resources, Sharia business
3. Responsibility, as in the conformity of bank activities, services, and operations allows Danamon iB
management to all applicable regulatory provisions Unit to run more efficient and sustainable operations.
and the principles of sound bank management.
4. Professional, as in having the competence and Here are some of the key measures initiated in 2024
capability to act objectively under the influence that will continue in the upcoming 2025:
or pressure of no other party, with an unwavering
commitment to developing the Sharia banking a. Strengthening collaboration with the parent bank
business. and the MUFG Group, including PT Adira Dinamika
5. Fairness, as in justice and equality, in fulfilling Multi Finance (ADMF) Syariah, through strategic
stakeholders’ rights based on agreements and partnerships and synergies in business and service
applicable laws and regulations. development.
b. Sales and distribution model that focused more on
Implementing the above GCG principles is a pledged customer-centric approaches than on products only
commitment of all corporate governance bodies (product-centric).
that help the Company improve performance while c. Strengthening funding structure through the
safeguarding stakeholders’ interests, paying due development of “Granular Funding” through the
attention to adherence to Sharia principles (Sharia Community and the development of the Hajj and
Compliance) in running the business. Umrah business and services
d. Collaboration of Danamon Sharia Business Unit
The Company’s consistency in implementing GCG with BPKH by continuing to carry out its 4 primary
is reflected in its regulatory compliance, sound risk functions as a Bank that receives Hajj Pilgrimage Cost
management, improved internal control across work (BPS BPIH) deposits, placement Bank, investment
units, and optimum performance of its iB Unit. partner Bank, and benefit value management Bank.
e. A focus on socializing Danamon Sharia Business
Unit’s leading products: Sharia Leasing, TRH (Hajj
Planning Savings), RTJH (Hajj Planning Savings
Account), Social Banking Services, Umrah Savings,
investment products and sharia insurance, and
Qurban Savings in all new distribution networks
including the addition of the latest services for
Wealth Management, namely the sale of Sharia
444 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
Mutual Funds and Bancassurance, as well as the In order to provide education to improve sharia financial
development of hajj services through special hajj literacy to consumers and the public, during the 2024
financing, sharia financing cards and also digital hajj period, Danamon’s Sharia Business Unit has organized
registration services. as many as 29 (twenty nine) programs, both online or
f. Alignment of information technology and operational offline, in support of sharia financial literacy. Details of
functions with the parent bank to run a more schedules and programs can be seen in Appendix 1.
effective and efficient process and support the
development of digital banking services. To meet 1. SHARIAH SUPERVISORY BOARD
the growing needs of the Community, Sharia also
offers comprehensive solutions through a digital 1.1 Number, Composition, and Concurrent
platform with Sharia Planning Savings (Hajj, Umrah, Positions of the Sharia Supervisory Board
Qurban, and others) (DPS)
g. Optimizing sales through the parent bank’s office In 2024, the number, composition, and concurrent
network including sharia services, campaign positions of the DPS have complied with the
programs through events and marketing provisions of Bank Indonesia Regulation (PBI)
communication (marcomm) activities. No. 11/10/PBI/2009 concerning Sharia Business
h. Danamon Sharia Business Unit focuses on Units (revoked as of July 12, 2023), Bank
continuing digital cash waqf services through Social Indonesia Circular Letter (SEBI) No. 12/13/DPbS
Banking, licensed as LKS-PWU (Sharia Financial regarding the Implementation of Good Corporate
Institution Receiving Cash Waqf) from the Ministry Governance (GCG) for Sharia Commercial Banks
of Religion as a form of responsibility and concern (“BUS”) and Sharia Business Units (“UUS”),
for the Community. Financial Services Authority Regulation (POJK)
i. Development of Sustainable Finance, which is No. 2 of 2024 concerning the Implementation of
financing Solar Panels and electric vehicles through Sharia Governance for BUS and UUS, Financial
cooperation with third parties and collaboration with Services Authority Circular Letter (SEOJK) No.
ADMF. 15/SEOJK.03/2024 on the Implementation of
j. Increased productivity and Human Resource Sharia Governance for BUS and UUS, Financial
Development with enhanced Sharia banking Services Authority Regulation (POJK) No. 12 of
knowledge and capabilities through training, 2023 concerning Sharia Business Units (effective
socialization, and awareness. Supporting the as of July 12, 2023), as well as the Guidelines
Danamon Bankers Trainee (DBT) program to prepare and Rules of Procedure for the DPS, including
Sharia officers and intensive socialization of Sharia the following:
products. a) The number of DPS members in UUS
k. In asset quality, the principles of prudence should be Danamon consists of 3 (three) individuals,
increased, and the focus should be on maintaining one of whom is appointed as the Chairman of
financing quality through strict monitoring and the DPS.
collection criteria and relaxation of restructuring b) DPS members may hold concurrent positions
according to internal and regulatory provisions. in no more than 1 (one) other bank and 2
l. Enhancing risk management and corporate (two) non-bank financial institutions. The
governance by improving policies and other concurrent positions of the DPS members are
supporting systems. as follows:
Name Position at Other Company Name of Company
Prof. DR. H. M. Din Syamsuddin, MA. - -
(Chairman)
Prof. Dr. Hasanudin, M.Ag. (Member) Chairman of SSB Bank Syariah Indonesia (BSI)
Chairman of SSB Toyota Astra Finance Services Syariah
Chairman of SSB PT Sarana Multigriya Finansial (UUS)
Dr. Asep Supyadillah, M.Ag. (Member) Member of SSB PT Bank Permata (UUS)
Chairman of SSB PT Asuransi Jiwa Generali Indonesia (UUS)
Member of SSB PT Fintek Karya Nusantara (UUS Link Aja Syariah)
PT Bank Danamon Indonesia Tbk 2024 Annual Report 445
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Financial Management Company Management Discussion
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1.2 SSB Work Program 2024 g) Conducting periodic reviews including
Danamon iB Unit SSB in 2024 executed its work oversight over the fulfillment of sharia
program generally summarized in the following principles for the mechanism of fund
items: collection and distribution as well as iB
a) Held at least 12 (twelve) routine SSB meetings Unit service by means of random testing
a year to discuss sharia principle issues, (sampling) of several customers, both
submit new products or request opinions on funding and financing customers.
several conditions that occur in the field. h) Established good cooperation with Syariah
b) Held at least 1 (one) quarterly SSB meeting & CREM Assurance – Danamon iB Unit in
with the Board of Directors (“BOD”), whose the implementation of all SSB activities of
objective is among other to oversee or provide Danamon iB Unit (including requests for
instructions and/or direction to the Board of SSB Opinions), examining and requesting
Directors regarding the implementation of explanations from its authorized officials
Sharia Principles. regarding matters considered as needing
c) Held at least 1 (one) quarterly meeting with explanations.
the Board of Commissioners (“BOC”), to i) Making SSB Oversight Result Reports (LHP)
coordinate oversight on the implementation every 6 (six) months for the periods ended
of Sharia Principles, including in alleged in June and December to be submitted to
violations of Sharia Principles that might OJK no later than 2 (two) months after the
cause a situation or had the potential to cause semester period ended.
a situation that can jeopardize the Bank’s j) Adding information/knowledge about sharia
business sustainability. and banking by continuously optimizing
d) It was mandatory for SSB to direct, monitor, SSB potential through various training and
and evaluate the implementation of Sharia workshops for the development and progress
Governance including the implementation of of Danamon iB Unit.
sharia risk management, sharia compliance, k) Providing advice and recommendations to
integrated sharia internal audits, and the the Danamon iB Unit Director in particular and
Bank’s strategic policies related to the Danamon management in general in order to
implementation of Sharia Principles, in improve, fulfill sharia principles and develop
accordance with the provisions of laws and and grow Danamon iB Unit.
regulations, articles of association, and/or
decisions of the GMS. 1.3 SSB Work Realization 2024
e) SSB evaluated the Risk Management policies a) Throughout 2024, the DPS has regularly
and procedures related to the fulfillment conducted routine meetings at least 1 (once)
of Sharia Principles at least 1 (once) a year and 1 (one) month, as well as, quarterly
or at any time in the event of changes that meetings, consisting of 1 (one) meeting
significantly affected business activities between the DPS and the Board of Directors
or at any time in the event of changes that and 1(one) meeting between the DPS and the
significantly affect business activities in Board of Commissioners. Details of the time,
accordance with the provisions of the SEOJK place, and agenda of the meeting can be
concerning the implementation of BUS and iB seen in Attachment 2. The level of attendance
Unit risk management. of SSB members is as follows:
f) SSB evaluated the accountability of the
Board of Directors and gave direction for
improvements to the implementation of Risk
Management policies related to the fulfillment
of Sharia Principles at least quarterly in
accordance with the provisions of the SEOJK
concerning the implementation of BUS and iB
Unit risk management.
446 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
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Total Attendance in Routine Total Attendance in Total Attendance in
Name Meeting Meeting with BoD Total 3 Meeting with BoC Total 3
(Total 17 Meetings) (three Meetings) (three Meetings)
1. Prof. Dr. H. M. Din Syamsuddin, MA. 13/17 3/3 3/3
2. Prof. Dr. Hasanudin, M.Ag. 17/17 3/3 3/3
3. Dr. Asep Supyadillah, M.Ag. 17/17 3/3 3/3
All the SSB meeting conventions during 2024 complied with POJK. Decisions in SSB meetings were made
based on consensus. The results of the meeting decisions have been recorded in the Minutes of the
Meeting, fully documented, and submitted to the Director and/or Bank management for implementation.
b) Report the results of DPS evaluation of risk management policies and procedures for 10 (ten) types of
risks related to the fulfillment of sharia principles at least 1 (one) time in 1 (one) year to OJK. Which will be
submitted in February 2025.
c) Report the results of the DPS evaluation of the Board of Directors’ accountability and provide direction
for improving the implementation of risk management policies for 10 (ten) types of risks related to the
fulfillment of sharia principles at least quarterly to OJK for the period of:
- 1st quarter submitted in April 2024
- 2nd quarter submitted in July 2024
- 3rd quarter submitted in October 2024
- 4th quarter submitted in January 2025.
d) In order to evaluate the fulfillment of sharia principles periodically during 2024, from the data presented
as many as 245 customers, DPS has conducted a sampling of 138 customers, both funding and financing
customers, with the following customer criteria:
Customer Data Presented Sampling of Customer Data
• 162 Funding customers: • 68 Funding Customers;
• Financing: • Financing;
• 8 Employee Cooperative Customers; • 2 Employee Cooperative Customers;
• 17 SME Customers; • 15 SME Customers;
• 9 Enterprise Banking (EB) Customers • 6 Enterprise Banking (EB) Customers
• 17 Consumer Customers • 15 Consumer Customers
• 32 Adira Join Financing (JF) Customers • 32 Adira Join Financing (JF) Customers
e) During 2024, SSB coordinated with Syariah - Financial reports, branch or office networks,
& CREM Assurance of the Danamon iB Unit to bank business activities, human resources,
support its oversight function, for instance, with and routine meetings with the management
the issuance of 44 (fourty-four) SSB Opinions of the Danamon iB Unit.
with the following details: - Worksheet on the development of new bank
f) Submit the LHP DPS period: products
- The first semester of 2024 will be submitted - Worksheet on oversight over the bank
in August 2024. activities, including SSB opinions.
- Second semester of 2024 will be submitted
in February 2025. g) In 2024, the SSB of Danamon iB Unit participated
A copy of the SSB LHP was submitted to the in training/workshops to develop/optimize its
DSN-MUI, Board of Commissioners, Danamon iB potential as an oversight body, as given in the
Unit Director, Internal Audit Working Unit (IAU), following table:
and Compliance Division. The LHP consists of:
PT Bank Danamon Indonesia Tbk 2024 Annual Report 447
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No TRAINING/WORKSHOP
1 Workshop of Pre-Ijtima’ Sanawi (Annual Meeting) DPS IX Year 2024 for Sharia Commercial Banks and Sharia Business Units on September
11, 2024 at The Bellezza Hotel Suites, Allergo Tower Jl. Arteri Permata Hijau No.N.34, RT.4/RW.2,
Kebayoran Lama, South Jakarta 12210.
2 Ijtima’ Sanawi (Annual Meeting) DPS XX Year 2024 on October 11-12, 2024 at Grand Mercure Kemayoran JI. H. Benyamin Sueb Kav. 86,
Superblock Mega, Kemayoran Kota Baru Bandar Kemayoran, Jakarta 10610.
3 Level 4 Risk Management Certification (SMR) Debriefing Training in March 2024 and Level 4 SMR Exam in August 2024.
4 Level 5 Risk Management Certification (SMR) Debriefing Training in September 2024 and Level 5 SMR Exam in November 2024
h) Advices and recommendations to Danamon iB Unit Director were given during the monthly SSB meetings or
on certain occasions in order to improve, fulfill sharia principles and develop and grow UUS Danamon.
1.4 SSB Guidelines and Work Rules
DPS has specific guidelines and work rules that are reviewed periodically. Danamon iB Unit always aligns the DPS
Guidelines and Work Rules with regulatory changes and development.
1.5 DPS Remuneration
Remuneration and other facilities for SSB members of the Danamon iB Unit are proposed by the Danamon Remuneration
Committee and decided at the Danamon General Meeting of Shareholders. The amount of remuneration and other
facilities for 2024 are as follows:
Total Received in 1 Year (gross)
Total Remuneration and Other Facilities
People IDR
Remuneration 3 1,953,110,784
Other Facilities 3 Health Insurance Program (with family)
Total Remuneration per Person in 1 Year Total SSB
Over IDR 2 Billion -
Between IDR 1 Billion to IDR 2 Billion -
Over IDR 500 Million 2
Less than IDR 500 Million 1
2. iB Unit DIRECTOR c) Ensuring that the health level of the Danamon iB
Danamon iB Unit Director has carried out the Unit complies with OJK regulations.
following to implement GCG: d) Coordinating with BI and OJK.
a) Coordinating with all levels of the organization e) Sitting in the Risk Management Committee as a
within the Danamon iB Unit to do all member.
recommendations or input from the SSB from f) Providing accurate, relevant, and timely data and
the results of routine meetings and the SSB information to SSB to discharge his duties.
Supervision Report. g) Ensuring the availability and adequacy of
b) Coordinating with all levels of directorates internal reporting supported by an adequate
in the Parent Bank for the development and management information system to support the
improvement of the Danamon iB Unit’s business, process of carrying out SSB duties.
including operational coordination and marketing h) Providing adequate facilities and infrastructure to
of sharia products through Sharia Services at the support the process of carrying out SSB duties.
parent bank’s branches.
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3. LIST OF CONSULTANTS AND LEGAL ADVISORS
During the 2024 period, no consultant and legal advisor services was used.
4. INTERNAL FRAUD
In 2024, there were no cases of internal fraud at the Danamon iB Unit.
Jumlah Kasus yang Dilakukan oleh
Internal Fraud in 1 Year BoD/BoC Regular Employee Irregular Employee
2023 2024 2023 2024 2023 2024
Total Frauds Nil Nil Nil Nil Nil Nil
Settled Nil Nil Nil Nil Nil Nil
In settlement process within internal iB unit Nil Nil Nil Nil Nil Nil
Has not been processed Nil Nil Nil Nil Nil Nil
Has been followed up with legal process Nil Nil Nil Nil Nil Nil
5. LEGAL ISSUES
Given below is the status of legal cases in 2024:
Total
Legal Case
Civil Criminal
Settled with legal power Nil Nil
In settlement process Nil Nil
Total Nil Nil
6. ACTIVITIES OF DANAMON IB UNIT 6.2 Achievements of Danamon iB Unit
Danamon iB has 2 (two) types of activities, on is the The following are some of the awards received by
distribution of charity funds for social activities and the Danamon iB Unit in 2024:
other is its achievements in Indonesian banking. Here is • 2nd Best Overall Sharia Business Unit in Excellent
the explanation. Service, Infobank Banking Service Excellence
Award.
6.1 Distribution of Charity Funds for Social Activities • 2nd Best Sharia Business Unit of Conventional
Referring to Law Number 21 of 2008 concerning Sharia Commercial Bank, Infobank Banking Service
Banking Chapter II that govern Principles, Objectives Excellence Award.
and Functions. Sharia banks also carry out social • 7th Most Popular Brand of The Year 2024 -
functions as stated in Article 4 paragraph 2 which Finance Category - Sharia Banking, Jawa Pos
reads: “Sharia Banks and iB Units shall carry out social Most Popular Brand of The Year 2024
functions in the form of baitul mal institutions where • The Best Sharia Banking Business Unit in 2024,
they can receive funds from zakat, infaq, alms, grants, Infobank Sharia Recognition Awards 2024.
or other social funds and distribute them to zakat • Best 3 - BPS BPIH Best Hajj Registrar 2024 -
management organizations”. And DSN MUI Fatwa UUS National Bank Category, BPKH Banking
Number 123/DSN-MUI/XI/2018 concerning the Use of Award 2024.
Funds that May Not Be Recognized as Income for Sharia • Best 1 - BPS BPIH Best Hajj Registrant Growth
Financial Institutions, Sharia Business Institutions, Contribution 2024 - UUS National Bank Category,
and Sharia Economic Institutions. Pertaining to this BPKH Banking Award 2024.
function, during 2024, the Danamon iB Unit has made • Best 3 - BPS BPIH Best Young Hajj Registrar -
as many as 67 distributions to institutions, foundations, UUS National Bank Category, BPKH Banking
mosques/prayer rooms, and entitled individuals with Award 2024.
a total of IDR 982,930,003.00. The details of these
activities can be seen in attachment table 3.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 449
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
7. NON-HALAL INCOME AND ITS USE
For the period of 2024, Danamon iB Unit did not generate any no non-halal income.
8. RESULTS OF GCG SELF-ASSESSMENT OF DANAMON iB UNIT 2024
Based on its worksheet, we herewith present the summary of the calculation of the 2023 composite scores and
the results of the Danamon iB Unit’s GCG self-assessment for the year 2024.
Composite Value Calculation Summary Table 2024
Rating Weight Score
No Factor
(a) (b) (a) x (b)
1 The implementation of duties and responsibilities of iB Unit Director 2 35,00% 0,70
2 The implementation of SSB duties and responsibilities 2 20,00% 0,40
3 The implementation of sharia principles in fund raising and fund 2 10,00% 0,20
distribution activities as well as service provision
4 Distribution of funds to core financing customers and storage of funds by 2 10,00% 0,20
core depositors
5 Transparency of financial and non-financial conditions, GCG 1 25,00% 0,25
implementation reports and internal reporting
Score 100% 1,75
Summary Table of GCG Self-Assessment Results of UUS Danamon 2024
(a) (b) (a) x (b)
No Factor Predicate
Rating Weight Score
1 Implementation of duties and responsibilities of iB Unit Director 2 35% 0,70 Good
a. Danamon iB Unit Director has passed BI's fit & proper test, is independent, has
no conflict of interest, and his/her appointment has been reported to BI.
b. Danamon iB Unit Director is responsible for managing Danamon iB unit,
following up on SSB recommendations & providing data for SSB oversight.
2 Implementation of DPS duties and responsibilities 2 20% 0,40 Good
a. SSB has 3 (three) members who have integrity, competence and adequate
financial reputation, appointed through the GMS based on the recommendation
of the Nomination Committee and the recommendation of the DSN-MUI with a
term of office not exceeding the Board of Directors/Board of Commissioners.
Their concurrent positions comply with Bank Indonesia regulations.
b. The SSB has assessed and ensured the fulfillment of sharia principles for
Danamon iB products and operational guidelines and submitted a supervisory
report in accordance with Bank Indonesia regulations.
c. The SSB held 15 (fifteen) meetings during 2024. Meeting decisions were based
on consensus, well documented and submitted as recommendations for follow-
up by Danamon iB management
d. Concurrent positions as DPS members at other sharia financial institutions
and other DPS remuneration/facilities have been reported in the GCG
Implementation Report. SSB members do not hold concurrent positions as
consultants in all Danamon iB/Business Units. In accordance with the SSB
Guidelines and Work Regulations, SSB members shall not use Danamon iB Unit
for personal interests.
3 Implementation of sharia principles in fundraising and fund distribution activities 2 10% 0,20 Baik
and service provision. Good
Every product to be issued by Danamon iB Unit has been reviewed by the Sharia
Assurance Unit, Bank Danamon Compliance Division and requested for SSB
opinion to ensure the product's compliance with the DSN - MUI Fatwa.
Danamon iB Unit in implementing fundraising, fund distribution and service
products adheres to the DSN-MUI Fatwa and OJK/BI provisions, including by
conducting periodic reviews of product policies & conducting internal audit
processes.
450 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
(a) (b) (a) x (b)
No Factor Predicate
Rating Weight Score
4 Distribution of funds to core financing customers and storage of funds by core 2 10% 0,20 Good
depositors.
a. Danamon iB Unit has implemented the principle of prudence in providing funds,
especially to Core Customers by always referring to the provisions of OJK/BI.
b. Danamon iB Unit does not give special treatment for Core Financing Customers
and Core Depositors, meaning that treatment of core customers follows its
policy in general.
c. Danamon iB Unit’s fund provision program products have been reviewed
periodically in accordance with Bank regulations.
d. A detailed list of Core Financing Customers and Core Depositors has been
submitted to the Financial Services Authority in accordance with applicable
regulations.
5 Transparency of financial and non-financial conditions, GCG implementation 1 25% 0,25 Very Good
reports and internal reporting.
a. Danamon iB Unit has prepared a Quarterly Publication Financial Report and
announced it in national newspapers and websites in accordance with OJK/BI
regulations.
b. Danamon iB Unit has disclosed its targets, strategies and development policies
in the Bank Business Plan (RBB) and disclosed information on its usiness
development in the RBB Realization Report and the Bank's Annual Report.
c. Danamon iB Unit has conducted a GCG Self-assessment, created a GCG
Implementation Report in accordance with OJK/BI regulations.
d. Danamon iB Unit has sound internal reporting and is able to present data/
information from the core system and supporting systems. The reporting system
is supported by human resources who have training and experience as well as
an adequate IT security system in accordance with Bank Danamon's IT Security
procedures.
Score 100% 1,75 Good
GENERAL CONCLUSION 4. Made periodic, transparent, and compliant reviews
Based on the results of the GCG self-assessment for the of transparency of financial and non-financial
2024 position, the Danamon iB Unit earned a composite conditions, GCG implementation reports and internal
score of 1.75 or falling under “Good” predicate. reporting.
5. The Danamon iB Unit Director has met the criteria such
The implementation of GCG at the Danamon iB Unit in as having competence in the sharia field and being
2024 has met several provisions governing GCG, as fully committed to the development of Danamon iB
follows: Unit and following up on recommendations from the
1. Remained regulatory compliant and in adherence to SSB and always providing data related to the growth
sharia principles in fundraising and fund distribution and monthly condition of Danamon iB Unit h through
activities as well as sharia unit service services. routine SSB meetings.
2. Increased third-party funds by optimizing the 6. The SSB of Danamon iB Unit has carried out its duties
function of the Sharia branch office network and responsibilities in such where the SSB had a good
and Sharia Services (office channeling) through reputation and competence, held routine meetings
the parent bank office network with consistent and provided sharia opinions, recommendations
adherence to the principle of prudence and and reviews of Danamon iB products and made half
increasing human resource knowledge on sharia yearly SSB Oversight Results Reports.
principles.
3. Kept consistent activities in fund distribution
activities to financing customers and collection of
third-party funds by implementing the principles
of prudence and independence based on sharia
principles.
PT Bank Danamon Indonesia Tbk 2024 Annual Report 451
Page 454
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
Danamon iB Unit will continuously (sustainable growth) make improvements to increase the productivity of its human
resources that will involve enhancing knowledge and skills in sharia banking, providing a more effective information
management system, improving work processes and procedures and optimizing all potentials in the parent bank
office network (office channeling) in order to deliver target-meeting performances as a way to provide benefits to all
stakeholders while safeguarding the interests of stakeholders.
The planned improvements will be pursued with due priority on both the principles of GCG and prudence and optimum
SSB performance in applying Sharia Principles with more effective communication between SSB and Danamon iB
Unit Director, improving compliance functions, risk management, and internal audits.
Finally, thanks to the support from Danamon with its extensive infrastructure and service network, high brand
awareness, Danamon iB Unit will benefit from the positive impacts and deliver even stronger in the future and win
competition in the Sharia Banking industry while maintaining a consistent application of sharia principles in running
the banking business.
PT Bank Danamon Indonesia Tbk
Shariah Business Unit
Herry Hykmanto
Sharia Director
452 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
APPENDIX 1
Table of Details of the 2024 Islamic Financial Literacy Schedule and Program
Implementation Form of Implementation
No. Activity Name Material Target Party Name
Schedule Implementation Area
1 1 January 2024 Sharia Financial Face to face Islamic Banking Employee DKI Jakarta Employee
Inclusion in for Hajj Planning & Cooperative
the Framework Daily Transactions
of the Annual
Members Meeting
of the Employee
Cooperative
2 1 February 2024 Socialization of Face to face Islamic Banking Student Throughout School, Islamic
Sharia Products for Hajj Planning & Indonesia Boarding
to the Education Daily Transactions School
Community
3 21 March 2024 Hajj and Umrah Face to face Islamic Banking General public DKI Jakarta Danamon
Expo 2024 : for Hajj Planning & Syariah
Danamon Syariah Daily Transactions
Travel Fair 2024
4 1 June 2024 Gathering of Face to face Islamic Banking Employee DKI Jakarta Employee
Jabodetabek for Hajj Planning & Cooperative
Employee Daily Transactions
Cooperative
Members
5 1 June 2024 Financial Inclusion Face to face Islamic Banking Student West Java SMK Mitra
for Students of for Hajj Planning & Industri
Mitra Industri Daily Transactions
Vocational High
Schools
6 8 June 2024 Financial Literacy Online/Digital Beli Hewan Qurban General public DKI Jakarta Youtube
through Youtube Jadi Gampang
digital media in
the "Danamon
Financial Friday"
program
7 12 September Young Hajj is Not Face to face Islamic Banking College Semarang Universitas
2024 Just a Dream for Hajj Planning & Student Muhammadiyah
for Students of Daily Transactions Semarang
Muhammadiyah
University of
Semarang
8 13 September ISEF (Indonesia Face to face Islamic Banking General public Surabaya Bank Indonesia
2024 Syariah Economic for Hajj Planning &
Festival) 2024 Daily Transactions
9 14 September Planning for Hajj Face to face Islamic Banking Santri Batam Islamic
2024 from a Young for Hajj Planning & Boarding
Age for Students Daily Transactions School Daarut
of Daarut Tauhid Tauhid Batam
Batam
10 1 October 2024 ISEF (Indonesia Face to face Islamic Banking General public DKI Jakarta Bank Indonesia
Syariah Economic for Hajj Planning &
Festival) 2024 Daily Transactions
11 1 October 2024 BIK (Financial Face to face Islamic Banking General public DKI Jakarta Financial
Inclusion Month) for Hajj Planning & Services
2024 Daily Transactions Authority
12 2 October 2024 Gathering of Hajj Face to face Islamic Banking Hajj East Java Bersathu
Umrah Travel for Hajj Planning & association Hajj Travel
Association Daily Transactions member/Hajj Association
Members Umrah travel
BERSATHU owner
13 5 October 2024 Sharia Financial Face to face Islamic Banking General public Central Java Adira Syariah
Literacy during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Pahing Market,
Kediri
PT Bank Danamon Indonesia Tbk 2024 Annual Report 453
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
Implementation Form of Implementation
No. Activity Name Material Target Party Name
Schedule Implementation Area
14 5 October 2024 Sharia Financial Face to face Islamic Banking General public Central Java Adira Syariah
Literacy during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Pahing Market,
Kediri
15 12 October 2024 Financial Inclusion Face to face Islamic Banking Future Hajj/ Jakarta Mecca Tour &
to Travel Mecca for Hajj Planning & Umrah Travel
Tour & Travel Daily Transactions pilgrims
16 19 October 2024 Sharia Financial Face to face Islamic Banking General public West Java Adira Syariah
Inclusion during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Pasar Legi, Solo
City
17 19 October 2024 Sharia Financial Face to face Islamic Banking General public West Java Adira Syariah
Inclusion during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Pasar Legi, Solo
City
18 20 October 2024 Financial Literacy Face to face Islamic Banking Hajj West Java Himpuh
for Members of for Hajj Planning & association Hajj Travel
the Hajj Umrah Daily Transactions member/Hajj Association
Travel Association Umrah travel
"HIMPUH" owner
Islamic Banking for
19 20 October 2024 Financial Literacy Face to face Hajj East Java Asphurindo
Hajj Planning & Daily
for Members of association Hajj Travel
Transactions
the Hajj Umrah member/Hajj Association
Travel Association Umrah travel
"ASPHURINDO" owner
20 30 October 2024 Open booth Face to face Islamic Banking Future Hajj/ Sumatera Barat Bank Indonesia
during Indonesia for Hajj Planning & Umrah
Sharia Economic Daily Transactions pilgrims
Festival (ISEF)
2024
21 3 November 2024 Open Booth Face to face Islamic Banking General public East Java Hajj Financial
during BPKH Hajj for Hajj Planning & Management
Run Daily Transactions Agency
22 16 November Sharia Financial Face to face Islamic Banking General public DI Yogyakarta Adira Syariah
2024 Inclusion during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Kosambi Market
Bandung
23 16 November Sharia Financial Face to face Islamic Banking General public DI Yogyakarta Adira Syariah
2024 Inclusion during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Kosambi Market
Bandung
24 10 December Sharia Financial Face to face Islamic Banking Future Hajj/ DKI Jakarta Travel NRA
2024 Inclusion at the for Hajj Planning & Umrah
NRA Fair event Daily Transactions pilgrims
25 14 December Sharia Financial Face to face Islamic Banking General public East Java Adira Syariah
2024 Literacy during for Hajj Planning &
Festival Pasar Daily Transactions
Rakyat Adira at
Ngasem Market
Yogyakarta
26 14 December Sharia Financial Face to face Islamic Banking College DKI Jakarta Universitas
2024 Inclusion for for Hajj Planning & Student Brawijaya
Entrepreneurship Daily Transactions
Students of
Brawijaya
University
454 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainabillity Corporate
Review Governance Report Data
Implementation Form of Implementation
No. Activity Name Material Target Party Name
Schedule Implementation Area
27 14 December Sharia Financial Face to face Islamic Banking General public East Java Adira Syariah
2024 Literacy for Hajj Planning &
during during Daily Transactions
Festival Pasar
Rakyat Adira at
Ngasem Market
Yogyakarta
28 14 December Sharia Financial Face to face Islamic Banking College East Java Universitas
2024 Literacy for for Hajj Planning & Student Brawijaya
Entrepreneurship Daily Transactions
Students of
Brawijaya
University
29 17 December East Java Sharia Face to face Islamic Banking Members Riau Islands, West East Java
2024 Cooperative for Hajj Planning & of the East Java Sharia
Forum Daily Transactions Java Sharia Cooperative
Cooperative Forum
Forum
APPENDIX 2
Table Agenda of DPS meeting in 2024
No Date & Place Agenda of Routine Meeting
1 Tuesday, 16 January 2024 Sharia Opinion on Sharia Multipurpose Financing for Special Hajj Pilgrimage Registration and Other
Virtual Meeting by MS Teams Consumptive Financing
2 Thursday, 1 February 2024 1. Financial Overview – YTD December 2023
Bank Danamon Tower 7th Floor 2. Submission of Sharia Risk Profile Q4-2023
3. Community Platform Update with Shafa Danamon application
3 Tuesday, 6 February 2024 Sharia Opinion on Separation of LBUT Trx Foreign Exchange & Adjustment of Opinion on Sharia
Virtual Meeting by MS Teams Corporate Dirham DPS
4 Monday, 26 February 2024 Sharia Opinion on Continuation of Discussion on Multi-Service Ijarah Financing
Virtual Meeting by MS Teams
5 Wednesday, 6 March 2024 1. Financing Period and Special Hajj Package Service Period
Virtual Meeting by Whatsapp 2. Bank Income Recognition Period related to Ijarah Contract
Call
6 Tuesday, 23 April 2024 1. Additional Operational Process Policy - Opening & Closing of iB USD Hajj Savings Account (TRH iB
Virtual Meeting by MS Teams USD)
2. Implementation of Danamon Savings Festive 2024 Program
3. Danamon Hadiah Beruntun 3.0 (“DHB”) Program
4. Syariah Day 2024 Program (extension of the period May – December 2024)
5. Hotel Financing with IMBT Refinancing (Sale & Lease Back)
6. Financing Scheme for Home Renovation Development Improvement Financing (PPPR) Danamon IMBT
(Sale & lease back)
7. Concern for OJK Pre Exit Audit Results 2024:
a. Payment of Administration Fees, Insurance Fees from Customer Disbursement Limits and
Employee Cooperative (Kopkar) Financing
b. Standardization of contracts that have been carried out in 2020 and socialized in 2021, especially
the Mudharabah Muqayyadah kopkar financing contract
c. Re-standardization related to the installment schedule for Mudharabah/Musyarakah Facilities,
IMBT/Ijarah, Murabahah
8. Reference program for PIHK partners for the management and financing of special hajj packages and
the use of contracts for reference cooperation ("reference program")"
7 Monday, 6 May 2024 1. Sharia opinion on Sharia Travel Insurance
Virtual Meeting by MS Teams 2. Addendum to PP Employee Cooperatives (Kopkar)
8 Monday, 20 May 2024 Extension of Musyarakah Financing
Virtual Meeting by MS Teams
PT Bank Danamon Indonesia Tbk 2024 Annual Report 455
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
No Date & Place Agenda of Routine Meeting
9 Wednesday, 26 June 2024 1. Danamon's action in issuing a Warning Letter ("SP") to customers
Virtual Meeting by MS Teams 2. Continuation of the Results of the Review of Installment Schedule Projections & Grant Agreements
and IMBT Sale and Purchase Agreements
3. Insurance for Sharia Financing Customers
4. Savings & Current Account Products in Saudi Arabian Riyal (SAR) & Product Alignment Updates
(Danamon Lebih ("DL") Junior iB, DL Youth iB, DL Pro iB in 2024, and the Addition of Global Debit
Card Features (Global Debit Card ("GDC"))
5. Transaction Banking ("TB") Program for Danamon's 68th Anniversary ("HUT"), Danamon Liabilities
Anniversary, Community Acquisition NTP Deal, Cashback D-Save DL/DL Pro, Cashback Privilege
Debit Card, Indosat Partnership
10 Thursday, 18 July 2024 1. Working Paper of DPS Evaluation on the Implementation of Risk Management Policy Related to
Virtual Meeting by MS Teams Fulfillment of Sharia Principles Q2 2024
2. Application for Sharia Opinion, as follows:
a. New Sharia Hedging Products (Sharia Forward Agreement)
b. Gold Savings
c. Cooperation of Danamon Syariah Cash Waqf Receipt Services with the Kanjeng Sepuh Sidayu Gresik
Association as Bank Danamon's Partner Nazhir
11 Wednesday, 24 July 2024 1. Productive Asset Quality Provisions for Ijarah Financing in accordance with BDI Internal Provisions
Virtual Meeting by MS Teams and POJK
2. Provisions related to compensation (ta'widh) for accelerated repayment of Sharia Home Ownership
Financing
3. Mitigation of Exchange Rate Risk by Customers with CCS hedging products at BDI-Konven
4. Danamon Optima Education Program
12 Friday, 30 August 2024 1. Prize waqf program
Virtual Meeting by MS Teams 2. DL PRO iB Admin Fee cashback program
3. Unavailability of insurance products in accordance with sharia principles and use of conventional
insurance companies
4. Provisions for debt takeover/transfer (take over) from Conventional Financial Institutions/Sharia
Financial Institutions
5. Hierarchy Policy and Standard Provisions Version 4.0 No No. 1.1.0.0/RM/CERM/2/2024
13 Tuesday, 10 September 2024 1. Ta’widh and Ta’zir Treatment in Sharia Joint Financing BDI – Adira Finance
Virtual Meeting by MS Teams 2. Recovery Plan Policy NO: 2.21.0.0/RM/CERM/2/2024
3. Sharia Financing to PT Shambhala Payangan Indah Hotel
14 Monday, 30 September 2024 Financial Highlights – YTD August 2024
Menara Bank Danamon Lantai 7
15 Tuesday, 15 October 2024 1. Cash Management and Remittance Subsidy Program of PT VFS and Cooperative/BTM Subsidy
Virtual Meeting by MS Teams Program for Provision of Services with Vendors
2. Registration of Nazhir of the Mariyam Fatimah Azzahra Foundation
3. Addition of Products/Channels:
- Sharia Savings, Current Accounts, DHE (Export Proceeds) Deposits
- Sharia Multi Currency Account Current Account Products, and
- Addition of Digital Account Opening Channels
4. BPRS Deposit Collateral
5. Sharia Mortgage Financing Disbursement and Debit Accounts
6. Review of Bank Danamon's Recovery Plan 2024-2025
7. Referral Fee for Associations - Armuzna Financing Products for Travel
8. Change of Name of Debtor of Secondary Cooperative of Indomobil Suzuki International (KSISI) to
KKSWS
9. DPS Evaluation Working Paper Q3/2024
10.Wadiah Product Acquisition Program for Arafah, Muzdalifah and Mina Financing (Armuzna)
16 Tuesday, 19 November 2024 1. Silence Takeover Mechanism for Sharia Financing
Virtual Meeting by MS Teams 2. Standard Operational Procedure (SOP) for BPRS Working Capital Financing Executing Scheme
3. SOP for Mudharabah & Musyarakah Profit Sharing
4. SOP for Non-Installment Musyarakah
5. SOP for Sharia Savings and Loan Financing for Kopkar Executing Scheme
6. Development of Cash Waqf Linked Deposit (CWLD)
7. Mark to Market Calculation Feature for Sharia Hedging (Sharia Forward Agreement)
8. Admin fee for accelerated repayment
9. Draft of Corporate Guarantee & Personal Guarantee Agreement
10.Financing for Special Hajj Packages for Danamon Syariah Danamon BISA Hajj Program AVALIS
11. Changes to the Application Form for Danamon BISA Hajj (DBH) Employee
17 Friday, 13 December 2024 Sharia Mortgage Financing related to:
Virtual Meeting by MS Teams 1. Use of Sharia Home Ownership Financing (PPRS) agreement using Ciputra Life Conventional Credit
Life Insurance (AJK).
2. Alignment of Mortgage Program Products (PP) with Mortgage Credit Guidelines (CG) for the period of
2025.
456 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Review Governance Report Data
No Date & Place Agenda of Meeting with BoD
1 Monday, 24 June 2024 1. DPS Evaluation Working Paper Q1 2024
Hybrid Meeting by MS Teams & 2. Update on Cooperation with Muhammadiyah
12th Floor BOC Meeting Room
2 Monday, 30 September 2024 1. DPS Evaluation Working Paper Q2-2024
Hybrid Meeting by MS Teams & 2. Update:
12th Floor BOC Meeting Room - Results of the Ulama Ijtima' Decision regarding Hajj Regulations
- Government Regulations regarding Halal Products
- Fatwa of the National Sharia Council - Indonesian Ulema Council (DSN-MUI)
3. Update on Muhammadiyah and the Hajj Financial Management Agency (BPKH)
3 Monday, 16 December 2024 1. DPS Evaluation Working Paper Q3-2024
Hybrid Meeting by MS Teams & 2. Update on Sharia Banking Product Guidelines:
12th Floor BOC Meeting Room - Mudarabah Financing
- Shariah Restricted Investment Account (SRIA) with Mudharabah Muqayyadah Contract
- Cash Waqf Linked Deposit (CWLD)
3. Bank Strategy Update
No Date & Place Agenda of Meeting with BoC
1 Friday, 28 June 2024 1. Background & Objectives (Update POJK No. 2 of 2024)
Hybrid Meeting by MS Teams & 2. DPS Evaluation Working Paper Q1 2024
12th Floor BOC Meeting Room 3. New Segment Target (Hajj and Umrah) & Update on Cooperation with Muhammadiyah
2 Thursday, 17 October 2024 1. DPS Evaluation Working Paper Q2-2024
Hybrid Meeting by MS Teams & 2. Update:
12th Floor BOC Meeting Room - Results of the Ulama Ijtima' Decision regarding Hajj Regulations
- Government Regulations regarding Halal Products
- Fatwa of the National Sharia Council - Indonesian Ulema Council (DSN-MUI)
3. Update on Muhammadiyah and the Hajj Financial Management Agency (BPKH)
3 Thursday, 17 December 2024 1. DPS Evaluation Working Paper Q3-2024
Hybrid Meeting by MS Teams & 2. Update of Sharia Banking Product Guidelines:
12th Floor BOC Meeting Room - Mudarabah Financing
- Shariah Restricted Investment Account (SRIA) with Mudharabah Muqayyadah Contract
- Cash Waqf Linked Deposit (CWLD)
3. Update of Bank Strategy
APPENDIX 3
DPS Opinion in 2024 Table
No ISSUES/SUBJECTS
1 Realization Agreement of Open Account Financing (OAF) Buyer of Sharia Notes Based on the Principle of Kafalah Bil Ujrah and Realization
Agreement of Open Account Financing (OAF) Seller of Sharia Notes Based on the Principle of Wakalah Bil Ujrah
2 Sales Agent of Mutual Fund Products Manulife Saham Syariah Global Dividend US Dollar Class A3 with Investment Manager Manulife
Aset Manajemen Indonesia and Selling Agent of Mutual Fund Products BNP Paribas DJIM Global Technology Titans 50 Syariah USD with
Investment Manager BNP Paribas Asset Management by PT Bank Danamon Indonesia Tbk
3 Multi-service ijarah financing for special hajj packages Danamon Syariah - UUS Bank Danamon
4 Documentation of Special Hajj Package Financing Products Danamon Syariah
1. PP & CG Addendum Memo
2. Summary of Product Information
3. Product Terms and Conditions
4. Financing Application and Contract
5. Standard Operational Procedure (SOP)
6. Marketing Program Memorandum
7. Cooperation Agreement with PIHK Partners
5 Sharia Corporate Dirham Card - UUS Bank Danamon
6 Cashback Program to Celebrate Religious Holidays
7 IMBT Refinancing Scheme and Sale & Purchase Promise (Wa'd)
8 Addition of Operational Process Policy - Opening & Closing of iB USD Hajj Savings Account (TRH iB USD)
PT Bank Danamon Indonesia Tbk 2024 Annual Report 457
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Financial Management Company Management Discussion
Highlights Report Profile & Analysis
No ISSUES/SUBJECTS
9 Implementation of Danamon Savings Festive 2024 Program
10 Danamon Hadiah Beruntun 3.0 Program
11 Syariah Day 2024 Program
12 Sharia-Based Travel Insurance
13 Installment Schedule Projection Format and Sale and Purchase Agreement & Grant Agreement in IMBT Agreement
14 Savings & Current Account Products in Saudi Arabian Riyal (SAR)
15 Privilege Debit Card Cashback Program
16 Community Acquisition Program
17 New To Product (NTP) Deal Program
18 Cashback Program for Danamon Save Danamon Lebih Debit Card Users ("D-Save DL") or D-Save DL Ib, DL/DL Ib, DL Pro/DL Pro Ib
19 Indosat Partnership Program
20 Transaction Banking ("TB") Program for Danamon's 68th Anniversary ("HUT") in 2024
21 Danamon Liabilities Anniversary ("HUT") Program
22 Addendum to the TRH iB Reward Program h1 2024 (Addition of TRH iB USD product)
23 Cooperation of Danamon Syariah Cash Waqf Receipt Services with the Kanjeng Sepuh Sidayu Gresik Association as Bank Danamon's
Partner Nazhir
24 1st Amendment to the Credit Risk Policy (CRP)/ Credit Risk Policy 2024 in the context of Alignment of the Latest Regulations and Current
Business Practices
25 Review of Bank Danamon's Recovery Plan 2024-2025
26 Documentation of Working Capital Financing (Bridging Financing) for Special Hajj and Umrah Travel Bureau:
1. Special Hajj and Umrah Financing Agreement Document
2. OAF-Umrah Trade Financing Realization Agreement
3. OAF-Special Hajj Trade Financing Realization Agreement
4. Special Hajj & Umrah Offering Letter and Terms & Conditions (refer to the technical instructions memo for bridging financing)
27 Provisions for Takeover/Transfer of Debt (Take Over) from Conventional Financial Institutions (LKK)/Sharia Financial Institutions (LKS)
28 Market Risk Management Policy and Liquidity 2024
29 Recovery Plan Action Plan Policy No: 2.21.0.0/RM/CERM/2/2024
30 Allocation of Ta'widh and Ta'dzir Costs in Joint Financing BDI-UUS with Adira Multi Finance (ADMF) Sharia
31 Allocation of Admin Fee for Disbursement of Cooperatives
32 Extension of Danamon Ib Hajj Savings Program Product & Special Hajj Services
33 Use of Joint Limit between Sharia Financing Facility (Musyarakah) and Conventional Credit Facility (Social Loan)
34 Use of Conventional Insurance to Cover Risk of Losses on Collateral/Sharia Financing Objects
35 Draft of Financial Institution Credit Guide Document for 2025
36 2024 Prize Waqf Program
37 Danamon Lebih (DL) Pro/ DL Pro iB Admin Fee Cashback Program
38 PT Visa Facilitating Service (VFS) Tasheel Cash Management and Remittance Service Subsidy Program and Subsidy Program for Provision
of Services with Vendors for Cooperatives/Baitut Tamwil Muhammadiyah (BTM)
39 Sharia Mortgage Financing related to the Use of Sharia Home Ownership Financing (PPRS) agreements using Ciputra Life Conventional
Credit Life Insurance (AJK) and Alignment of Program Products (PP) Mortgage with Credit Guideline (CG) Mortgage for the period of 2025
40 SOP for Non-Installment Musyarakah in 2024
41 SOP for Mudharabah & Musyarakah Profit Sharing in 2024
42 SOP for BPR/BPRS Credit/Working Capital Financing Executing Scheme in 2024
43 Draft of Corporate Guarantee/Guarantee Agreement in 2024
44 SOP for Sharia Savings and Loan Financing for Cooperatives Executing Scheme in 2024
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APPENDIX 4
Table of Distribution of UUS Danamon Charity Funds 2024
No Date Beneficiaries of Charity Fund Purpose Nominal (IDR)
1 15-Jan-2024 PMD Abdul Muis Financial support for preacher fees for Taklim activities 13,000,000
and the procurement of supporting facilities for the Al
Muhajirin Musholla.
2 15-Jan-2024 Nahdlatul Ulama Land and Waqf Financial assistance for literacy and waqf inclusion to 20,000,000
Institution (LWPNU) Nahdlatul Ulama Waqf Cadres (KAWAN)
3 29-Jan-2024 Semen Gresik Residents' Cooperative Donation for Orphans & the Needy 10,000,000
(KWSG)
4 13-Feb-2024 Darus Syifa Foundation Jakarta Donation for Classroom Building Rehabilitation 5,000,000
5 12-Feb-2024 Jamie Nurul Huda Mosque Donation for Mosque Expansion Construction 10,000,000
6 12-Feb-2024 DKM Jami' Al Ikhlas Mosque Donation for the Construction of the Al-Qur'an Education 15,000,000
Park (TPQ) Jami' Al Ikhlas
7 4-Mar-2024 Al Barokah Musholla (Danamon Bank Donation fort he Orphan for Ramadhan 1445 H Activities 10,000,000
Tower)
8 1-Mar-2024 Al Mujahidin Mosque Donation for Mosque Construction 10,000,000
9 4-Mar-2024 BDS Lapangan Ros Distribution of Basic Necessities to the Needy Around the 15,000,000
Sharia Branch Office of Lapangan Ros
10 4-Mar-2024 Insan Indonesia Bertaawun Donation for Operational Fund for the Management of 50 20,000,000
Foundation Mosques (Electricity Fees) Tabung Amal Shaleh, Cleaning
Facilities, Marbot Welfare)
11 4-Mar-2024 Sulaimaniyah Islamic Boarding School Distribution of Basic Necessities Fund Assistance for the 20,000,000
Semarang Needy Community of 25 People @ Rp200,000,-
12 20-Mar-2024 Masyarakat Ekonomi Syariah (MES) Donation for Financial Literacy Program- Economic & 20,000,000
Sharia Finance through the Ramadhan Blessing Program
MES 1445 H
13 20-Mar-2024 Yayasan Jannatul Firdaus Donation for Orphan & Dhuafa 3,000,003
14 25-Mar-2024 UUS Kantor Pusat Donation for Orphan 15,000,000
15 25-Mar-2024 UUS Kantor Pusat Donation for Preacher 15,000,000
16 25-Mar-2024 BDS Ciracas Donation for Distributing Basic Necessities to the Dhuafa 15,000,000
around Bank Danamon Ciracas
17 26-Mar-2024 Yayasan Sumberdaya Masyarakat Donation for Orphan and Dhuafa 5,000,000
Indonesia
18 25-Mar-2024 LAZ Persis Donation for Orphan and Dhuafa 5,000,000
19 28-Mar-2024 Masjid Al Ikhlas Bank Danamon Donation for Orphan 5,050,000
Gubernur Suryo Surabaya
20 28-Mar-2024 Masjid Al Ikhlas Bank Danamon Donation for Providing Ta'jil & Breaking Fast for 15,875,000
Gubernur Suryo Surabaya Ramadhan 1445 H
21 1-Apr-2024 Masjid Al Mu'minun Donation for Mosque Construction 10,000,000
22 1-Apr-2024 DKM Al Ishlah Donation for Orphan 10,000,000
23 1-Apr-2024 UUS Kantor Pusat Donation for Providing Ta'jil & Breaking Fast for 100,000,000
Ramadhan 1445 H
24 29-Apr-2024 Ponpes Ishlahul Ummah Donation for Renovating the Ablution Place for Akhwat 10,000,000
Students (2nd Floor)
25 29-Apr-2024 Mesjid An Nur Donation for Mosque Construction 10,000,000
26 15-May-2024 Mesjid Jami Sunanul Huda Donation for Mosque Renovation 15,000,000
27 21-May-2024 Jaringan Pengelola Zakat Infaq dan Donation for Productive Farmers Fostered by JPZIS MSA 15,000,000
Shadaqah BPR Masyarakat Sejahtera Peduli
Abadi Peduli (JPZID BPR MSA Peduli)
28 7-Jun-2024 UUS Kantor Pusat Donation for Orphan and Preacher 17,000,000
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No Date Beneficiaries of Charity Fund Purpose Nominal (IDR)
29 11-Jun-2024 Ahmad Chairul Syah Donation for Orphan and Dhuafa school needs of 15,005,000
orphans/Dhuafa for Odd and Even Semesters of the
2022-2023 Academic Year for Ahmad Chairul Syah's
Foster Children (Second Phase)
30 12-Jun-2024 UUS Kantor Pusat Donation for Orphan 3,000,000
31 24-Jun-2024 Masjid Jami' Makkah Bogor Donation for Mosque Dome Construction 20,000,000
32 24-Jun-2024 Pimpinan Daerah Muhammadiyah Donation for Sharia Financial Literacy 5,000,000
Gresik
33 16-Jul-2024 UUS Kantor Pusat Donation for Orphan from the Khairo Assembly 3,000,000
34 22-Jul-2024 Rumah Tahfifzh Majelis Halaqoh Al Donation for House Rental Fees/Study Places for 20,000,000
Quran Students of the Tahfifzh House of the Al Quran Halaqoh
Assembly
35 1-Aug-2024 UUS Kantor Pusat Donation for Orphan 3,000,000
36 5-Aug-2024 Musholla Al Barokah (Menara Bank Donation for Preacher for Taklim and Tahsin Activities 20,000,000
Danamon)
37 5-Aug-2024 Yayasan Babussalam Jatiwarna Indah Donation for Building Houses for Imams and Marbots of 20,000,000
(JWI) the Babussalam Jatiwarna Indah Mosque
38 21-Aug-2024 Lazis Darul Hikam Donation for Procuring Blessing Carts for the Elderly and 10,000,000
the Poor
39 8-Aug-2024 UUS Kantor Pusat Donation for Orphan at the Bank Danamon Sukabumi A. 3,000,000
Yani branch
40 23-Aug-2024 Koperasi Karyawan (Kopkar) PT Donation Sharia Financial Literacy 5,000,000
Kayaba Indonesia
41 3-Sep-2024 Lembaga Amil Zakat Al Bahjah Donation for Literacy & Preaching related to Zakat, Infaq, 10,000,000
Alms
42 2-Oct-2024 Unit Kegiatan Mahasiswa (UKM) Assistance for Blood Donation for Student 8,000,000
Wirausaha Universitas Brawijaya Entrepreneurship UKM Universitas Brawijaya
43 2-Oct-2024 Masjid Jami' Al Amin Al Amin Jami Mosque Carpet Replacement Fund 20,000,000
44 2-Oct-2024 Mesjid Jami Sunanul Huda Donation for Mosque Renovation 20,000,000
45 27-Sep-2024 Kesatuan Tour Travel Haji Umrah Donation for Sharia Financial Literacy 20,000,000
Republik Indonesia (Kesthuri)
46 15-Oct-2024 UUS Kantor Pusat Literacy assistance for Islamic Economic Principles 1,000,000
Preaching
47 15-Oct-2024 Majelis Dikdasmen PDM Kab Bogor Sharia Financial Literacy assistance 10,000,000
48 28-Oct-2024 Musholla Al Muhajirin Donation for Dzuhur Study Preacher 12,000,000
49 28-Oct-2024 Yayasan Mitra Arofah Surabaya Donation for Orphan 10,000,000
50 29-Oct-2024 Koperasi Jasa Syariah Khairu Ummah Donation for Sharia Financial Literacy 20,000,000
51 6-Nov-2024 Komunitas Pecinta Kemakmuran Donation for Mass Circumcision for Orphans & the Needy 15,000,000
Masjid (KOTAMMAS)
52 6-Nov-2024 Mesjid Al Hikmah Donation for Mosque Renovation 20,000,000
53 1-Nov-2024 UUS Kantor Pusat Donation for Preacher 10,000,000
54 1-Nov-2024 Kebersamaan Pengusaha Travel Haji Donation for Sharia Financial Literacy Activity 20,000,000
Umrah (BERSATHU)
55 13-Nov-2024 Lembaga Dakwah Komunitas Donation for for Muhammadiyah Da'I Provision to Remote 10,000,000
Pimpinan Pusat Muhammadiyah Areas & Sharia Financial Literacy Activities
56 15-Nov-2024 Universitas Muhammadiyah Maumere Donation for for School Construction 100,000,000
57 20-Nov-2024 Yayasan Tahfidz Sulaimaniyah DKI Donation for Mass Circumcision 20,000,000
Jakarta
58 4-Dec-2024 Kebersamaan Pengusaha Travel Haji Donation for Sharia Financial Literacy Activities 10,000,000
Umrah (BERSATHU)
59 10-Dec-2024 Yayasan Amal Saya Peduli Donation for Tahfidz Program Support for Orphans and 20,000,000
the Needy
60 5-Dec-2024 Musholla Muara Ukhuwah Donation for for Mosque Renovation 5,000,000
61 5-Dec-2024 Masjid Markazul Ukhuwah Donation for for Mosque Construction 5,000,000
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No Date Beneficiaries of Charity Fund Purpose Nominal (IDR)
62 11-Dec-2024 Yayasan Darul Fawwaz - Taman Asuh Donation for for Ummi Muslim Children's Foster Park 10,000,000
Anak Muslim Ummi (TAAM Ummi) (TAAM Ummi) Building
63 10-Dec-2024 PT Siar Haramain International Wisata Donation for Sharia Financial Literacy 3,000,000
64 17-Dec-2024 Forum Koperasi Syariah (FKS) Jawa Donation for Sharia Financial Literacy 3,000,000
Timur
65 19-Dec-2025 Yayasan Babussalam Jatiwarna Indah Donation for Continuing Construction of the House 15,000,000
(JWI) of Imam and Marbot of Babussalam Jatiwarna Indah
Mosque
66 19-Dec-2025 DKM Baitusaalam PT Bridgestone Tire Donation for Mass Circumcision for the Underprivileged 15,000,000
Indonesia Community in the Surrounding Area
67 19-Dec-2025 Majelis Taklim At Taqwa Donation for Mass Circumcision for Underprivileged 10,000,000
Muslim Children
Total 982,930,003,00
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SUSTAINABILITY
REPORT
PT Bank Danamon Indonesia Tbk 2024 Annual Report
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SUSTAINABILITY
PERFORMANCE
HIGHLIGHTS
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Economic Performance [POJK B.1]
Loan/Financing for Loan/Financing Based on Sustainable
MSME Business Activity
2024 Billion Rupiah
2024 Billion Rupiah
2023 2022 2023 2022
22,803 23,209* 21,042 32,707 31,264 25,142
Restated
*
Direct Economic Value Generated and Distributed (in Billion Rupiah)
Description 2024 2023 2022
Direct Economic Value Generated
Net Interest Income 15,605 15,216 14,120
Other Operating Income – Net 4,627 4,260 3,930
Total Direct Economic Value Generated (A) 20,232 19,476 18,050
Economic Value Distributed
Other Operating Expenses 15,991 14,695 13,459
Dividend Payments 1,226 1,156 551
Payments to the Government (Corporate Income Tax) 395 621 *
847*
Total Direct Economic Value Distributed (B) 17,612 16,472* 14,857*
Total Direct Economic Value Retained (A-B) 2,620 3,004 *
3,193*
Restated
*
Environmental Performance [POJK B.2]
Electricity Energy Water Water
Usage Usage Intensity Usage Usage Intensity
2024 2024 GJ/employee
2024 m3
2024 m³/person
GJ
134,208 16.35 150,709 1.47
2023 2022 2023 2022 2023 2022 2023 2022
140,413 140,326 16.56 16.37 158,543 134,995 1.51 1.27
Intensity of GHG Paper Accumulated Tree
GHG Emission*
(Greenhouse Gas) Usage Planted
Scope-1 & 2*
Emission
Scope-1 & 2
Mangrove
2024 2024 2024
Tons CO2e/employee Tons CO2e Reams 2024
Trees
1.46 12,491 54,057 53,500
2023 2022 2023 2022 2023 2022 2023 2022
3.24 3.50 28,390 31,123 54,060 48,313 53,500 21,500
2024 Other trees
Tons CO2eq/million IDR
2024 Trees
0.0005 9,555
2023 2022
2023 2022
0.0012 0.0015 8,655 3,055
Calculations are based on the updated emission factors from the 2024 Green Calculator Guidebook by Bank Indonesia. Previously reported values were
*
23,661 Ton CO₂e (2023) and 23,686 Ton CO₂e (2022).
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Social Performance [POJK B.3]
Participants in Sustainable
Proportion of Female Employee Training
Finance Training and
Employees and Education Expense
Sharing Sessions
2024 % 2024 Billion Rupiah
2024 People
30.2 91.9 11,699
2023 2022 2023 2022
2023 2022
31.7 30.8 90.57 101.1 12,242 13,078
Customer Engagement Net Promoter
Survey Score (NPS)
2024 Score (Scale of 1 to 5) 2024 Score (Scale of -100 to 100)
4.24 42
2023 2022 2023 2022
4.11 4.14 35 31
Employee Turnover Rate [IDX S-03]
Description Number of Employees* Percentage of Employees*
Number of Employees Resigning/Terminated 2,967 11.5
Number of New Employees 2,618 10.1
*
In the reporting year
Number of Temporary Employees [IDX S-04]
Description Number of Employees* Percentage of Employees*
Number of employees held by contractor and/or consultants 2,393 9.3
*
In the reporting year
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SUSTAINABILITY
GOVERNANCE
Sustainability Governance is one of Danamon’s implementation is a joint effort involving the Board
sustainability strategy pillars. A good Sustainability of Commissioners and the Board of Directors. The
Governance ensures the implementation of Sustainable implementation of sustainable finance is carried out by
Finance is in accordance with environmental, social, the Sustainability Team, which includes members from
and governance (ESG) principles, as well as compliance various divisions.
to prevailing regulation.
The Sustainability Sub-Committee is chaired by the
SUSTAINABLE FINANCE GOVERNANCE STRUCTURE Director of Syariah & Sustainability Finance, with
In 2024, Danamon updated its Sustainability the Alternate Chairperson being the Director of
Governance structure to improve the effectiveness Global Alliance Strategy. Its members include Risk
of bank-wide sustainable finance implementation. Management Director, Enterprise Banking & Financial
Danamon established Sustainability Sub-Committee, lnstitution Director, and SME Business Head, and
as part of the Risk Management Committee (RMC). Consumer Lending Business Head. [GRI 2-13]
This adjustment considers climate risk management
and oversight direction into Bank’s risk management, Regular meeting of Sustainability Sub-Committee is
as the expansion of Bank’s highest-level committees’ held at least 2 (two) times in a year. The meeting is led
roles and responsibilities, in accordance with regulatory by the Chairman of Sub-Committee. Realization of the
requirement for Banks. SFAP is reported to and evaluated by the Sustainability
Sub-Committee through internal circulation or meeting
The Sustainability Sub-Committee’s key role and at minimum every quarter.
responsibility is to review and approve sustainability-
related priority issues, as well as oversee Bank’s SFAP More complete details on the full Corporate governance
(Sustainable Finance Action Plan) implementation structure are available on page 291 of this report.
and reporting. The supervision of sustainable finance
Danamon Sustainability Governance Structure
[GRI 2-9] [GRI 2-12] [GRI 2-13] [GRI 2-14]
Board of Commissioners – through Risk Oversight Committee
Approve SFAP (including Sustainability Vision and Mission)
Board of Directors
• Lead the development of SFAP
• Oversee the overall sustainability performance
Risk Management Committee (RMC)
Sustainability Sub-Committee
•Review and approve priority sustainability issues and Sustainability Policy
•Monitor the implementation of the SFAP, including internal policies for the Sustainability
Report
Sustainability Team
Develop and implement SFAP as well as prepare sustainability report
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ESG-RELATED RISK MANAGEMENT [[POJK E.3] [SASB EXTERNAL INITIATIVES AND ASSOCIATION
FN-CB-550A.2] MEMBERSHIP [POJK C.5] [GRI 2-28]
Danamon has started its step in ESG-related risk Danamon plays an active role in various national Banking
management as one of the aspects considered in risk associations and is involved in some of the initiatives
management, including climate change risk, as a form organized. Such involvement is useful in gaining insight
of contribution to sustainable growth. into best practices and key issues in the Banking sector.
Being part of an association and initiative provides
As part of the Environmental and Social Risk Danamon with more opportunities to communicate,
Management implementation, Danamon develops and discuss, and transfer knowledge with other participants
regularly reviews framework and guideline related to across sectors.
Environmental and Social Risk Management (ESRM).
In the credit process, Sustainability Credit Guideline During 2024, Danamon participated in The Asia
is a framework that considers ESG aspects into the Transition Finance Study Group (ATF SG). ATF SG is a
Bank’s internal risk management, primarily credit risk private group led by financial institutions (FIs), mainly
management to its debtors. Asian and global Banks, promoting transition finance in
Asian countries. The Study Group developed guidelines
In its implementation, ESG-aspect analysis is also carried for financial institutions and suggested support
out through Environmental and Social Risk Analysis measures to relevant parties, outlining progress in the
(ESRA) in the credit process. ESRA guideline is applied transition finance landscape, including challenges and
since March 2021 for debtors who fall into the category applicable potential solution. [GRI 2-28]
of sectors that have significant ESG risk, primarily in
the Financial Institutions (EBFI) line of business. In Other Information on Bank Risk Management
2024, Danamon continued the implementation of ESRA For additional information, until the end of 2024,
to bolster ESG-related risk management on its credit Danamon had not become a part of the Global
process. Systemically Important Bank (G-SIB). A complete
explanation of the Bank’s overall Risk Management
CLIMATE RISK MANAGEMENT & SCENARIO can be found in the Risk Management section.
ANALYSIS [SASB FN-CB-550A.2] [SASB FN-CB-550a.1]
At the beginning of 2024, OJK issued 6 Guidebooks
related to Climate Risk Management and Scenario
Analysis (CRMS) to be used as reference on CRMS Pilot
Project.
As one of the Bank required by OJK to join CRMS Pilot
Project Phase 2, Danamon had reported the result of
climate risk scenario analysis for the Bank’s 50% total
loan portfolio to OJK in July 2024.
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SUSTAINABILITY
STRATEGY [POJK A.1]
OPPORTUNITIES AND CHALLENGES OF 3. Customer and Stakeholder Awareness
SUSTAINABLE FINANCE In creating a collective effort for sustainable
Danamon understands that integrating sustainability finance, Danamon supports customers and other
values into the entire business process will not stakeholders to understand the importance of
happen overnight nor it is a challenge-free process. sustainable finance. Danamon regularly promotes
The Bank’s commitment to implement sustainable sustainable finance through financial literacy
finance consistently as we do evaluate challenges, programs for all walks of life to increase their
opportunities, and its impact on the stakeholders. understanding of sustainable finance.
The following are some of the identified challenges to
implement sustainable finance. 4. Employee Awareness
The Bank’s successful implementation of sustainable
1. Dynamic Economic and Market Conditions finance starts with collective employee awareness as
Competitive market interest rates and regulatory the main driver. Danamon is committed to enhancing
dynamics affect the Bank’s business targets. understanding of sustainable finance amongst its
Additionally, in disbursing sustainable financing, the employees through series of training program and
Bank must identify and verify customers’ eligibility socialization. The Bank has also developed internal
in compliant with sustainable finance criteria. training materials to ensure employees understand
Investment in sustainability instruments also depends the best practices in sustainable finance.
on the availability of instruments, opportunities in
the market, and the availability of green projects Challenges in the implementation of sustainable finance
eligible to be financed. Nevertheless, Danamon also bring enormous opportunities for Danamon to
remains committed to support sustainable financing develop more innovative financial products and
and monitoring the market for opportunities. services, such as sustainable financing and ESG-
This commitment also involves market needs on based products. The products do not only help us to
sustainability financing, mainly transition financing achieve our sustainability goals, but they also expand
to a low-carbon economy. the Bank’s business portfolio. A further benefit of such
commitment to sustainable finance is that Danamon
2. Government Support has the opportunity to improve its preeminence and
Danamon appreciates the Government’s step in reputation as a responsible financial institution while
implementing sustainable finance through the attracting more customers and partners who share the
implementation of regulations and a number of same values. With effective challenge management and
initiatives, guidance, and capacity building. Along benefitting from every emerging opportunity, Danamon
the way, the dynamics of Regulator’s priorities in should be able to continue to be an active participant
implementing sustainable finance are mitigated in sustainable finance implementation, while providing
by close and transparent communication with long-term benefits for customers, stakeholders, and the
the Regulator, as well as with other relevant environment.
stakeholders. The Bank is committed to complying
with applicable regulations while rigorously
supporting the Government in strengthening the
regulatory framework for sustainable finance in
Indonesia.
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CLIMATE CHANGE-RELATED IMPACTS, RISKS, AND FINANCIAL OPPORTUNITIES
Human activities that produce greenhouse gas (GHG) emissions have caused the earth’s surface temperature to rise
by 1.1 degrees Celsius. Countries globally have responded to this issue with the ratification of the Paris Agreement
in 2015, where they target to limit the rise of global temperature to a maximum of 1.5 degrees Celsius. The effort is a
shared responsibility, which involves everyone from the communities, governments, and the private sectors.
Knowing the overcoming climate crisis is not an easy challenge does not waver Danamon’s commitment to contribute
with the solutions, in line with MUFG’s commitment to decarbonization efforts to help the Bank achieve its Carbon
Neutrality (net zero emissions) from operations by 2030. Amongst the initial steps that Danamon has taken to run
an environmentally responsible business are the responsible use of energy, paper, and water, the use of renewable
materials, and participation in carbon absorption and offset initiatives, such as using Renewable Energy Certificates
(RECs), purchasing carbon credits, and mangrove plant maintenance. [POJK E.5]
Vision and Mission of Sustainable Finance
Sustainability Vision Sustainability Mission
Danamon believes in the importance of making our Danamon is committed to creating sustainable value
products and services sustainable. Over time, we will and growth for our customers, employees, and the
align our business with the sustainability expectations communities in which we operate.
of our stakeholders, while identifying the best solutions
to meet their needs.
SUSTAINABLE FINANCE STRATEGY SUSTAINABILITY POLICY [2-23]
To drive positive change and sustainable growth The Sustainability Policy offers guidance for the Bank in
integrated into Banking operations, Danamon compiles managing sustainability aspects, which cover economic
framework of the Sustainable Financial Plan (SFAP). and ESG issues. The Policy also covers description of
In its implementation, Danamon collaborates with the Bank’s sustainability governance approach and
stakeholders, including MUFG and Adira Finance how its sustainability performance aligns with the
(ADMF). Sustainable Development Goals (SDGs).
Danamon’s strategy includes the development of The Sustainability Policy is reviewed and revisited
Governance and Process, Awareness and Internal periodically to ensure it remains effective and relevant.
Capacity Building, Sustainable Financing, Responsible The implementation of the Sustainability Policy is
Workplace Management, and Corporate Social submitted to the regulator in the form of a SFAP, as
Responsibility. well as to other stakeholders through the submission of
sustainability reports.
Danamon implements the eight Principles of Sustainable
Finance, which are: Danamon has established a vision, and a mission for
• Responsible Investment; sustainability, with targets to allocate 20% of total loan
• Sustainable Business Strategy and Practices; disbursements towards green and sustainable financing
• Social and Environmental Risk Management; by the end of 2025. In line with MUFG’s aspiration, Bank
• Governance; also aspires to achieve Net Zero Emissions from its own
• Informative Communication; operations by 2030. [IDX E-06]
• Inclusivity;
• Priority Sector Development; and
• Coordination and Collaboration.
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DANAMON’S SUSTAINABLE FINANCE ACTION PLAN (SFAP)
The implementation of Sustainable Finance Action Plan (SFAP) is a framework of Danamon’s Sustainability strategy.
There are 5 (five) priority programs in the RAKB, which are Governance and Process, Awareness and Internal Capacity
Building, Sustainable Financing, Responsible Workplace Management, and Corporate Social Responsibility.
In supporting these 5 (five) priority programs, we strive to always takes into account its Environmental, Social and
Governance (ESG) impacts in all Bank’s business activities and operational.
SFAP Programs Based on Priorities
Governance and Process
Review on priority issues to be aligned with business strategy, Sustainability Policy update, sustainability reporting, joining organization/
initiative related to sustainable financing.
Internal Awareness and Capacity Building
Develop external awareness building (including training and knowledge management).
Sustainable Financing
ESRM implementation, sustainable financing & investment, Green Taxonomy & Indonesian Taxonomy for Sustainable Finance.
Responsible Workplace Management
(Achieving Net Zero from Own Operation in 2030)
Responsible resources use and workplace management, decarbonization, and electric vehicle (EV) charging, and REC purchase.
Corporate Social Responsibility
Financial literacy, environmental & social improvement, disaster response & disaster risk reduction, Danamon Sustainable Ecosystem
Campaign, and carbon credit.
Danamon has developed and submitted its SFAP for 2025-2029 to the regulator in November 2024, together with
Bank’s Business Plan (RBB). Our achievements against the established RAKB on are discussed in greater detail within
this report.
STAKEHOLDER ENGAGEMENT [POJK E.4] [GRI 2-29]
Danamon classifies stakeholders as individuals or groups who have a stake in the implementation of the Bank’s
sustainability practices. This identification is based on mutually supportive and synergistic relationships and
interactions. Danamon weighs issues or topics that are of concern to each stakeholder with extra care. Through
the interactions, Danamon can get useful input and suggestions to improve its services while having a much better
understanding of the needs of stakeholders.
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Stakeholder List and Engagement
No Engagement Objectives Engagement Methods Engagement Frequency
1 Customers • Interactions through marketing staffs, branches, Ongoing.
• Develop deeper understanding of managers, regional heads, senior management,
aspirations, business, and financial service call centers, and alternative Banking channels. Intensity depends on customer needs
needs. • Customer events, face-to-face meetings, and sales and service opportunities.
• Provide appropriate advice, proactive surveys, marketing and advertising activities.
financial solutions, and value-added • Formal written correspondence, e-mails,
services. newsletters, and social media communications.
• Ensure maintenance of high service • Customer engagement surveys.
standards.
• Inform product development and
prioritization.
• Obtain feedback for product innovation and
service optimization.
• Ensure accuracy of customers’ personal
and/or business information.
2 Shareholders and Investors • Annual General Meetings Extraordinary General Formally once or twice annually
• Provide relevant and timely information. Meetings as needed. coinciding with year-end and half-year
• Manage expectations, risk management, • Investor briefings for year-end and/or interim results releases.
and reputation. results announcements and roadshows.
• Maintain strong relationships, monitor • Various investor group meetings. Ad hoc as requested by financial
market developments, and inform • Individual meetings with financial analysts, analysts, investment analysts, and
performance. targeting strategies. shareholders, investors, and risk management investors during open periods.
• Ensure good governance and strengthen analysts.
shareholder confidence. • Bank’s sustainability materiality evaluation
• Obtain feedback for strategy development, meetings.
business operations, and Corporate
sustainability.
3 Employees • Regular direct communication between Continuous engagement at all levels.
• Provide strategic direction. managers, teams, and individuals.
• Ensure Danamon remains the employer • Face-to-face, written, digital communications,
of choice. providing a safe, positive, and and surveys.
inspiring work environment. • Regular meetings.
• Understand and respond to staff needs and • Sustainability materiality questionnaire surveys.
concerns.
4 Suppliers or Business Partners • Negotiations and face-to-face meetings for Continuous, as needed.
• Fulfill all contractual clauses and finalization follow-up and after-sales service.
agreements. • Sustainability materiality questionnaire surveys.
• Obtain necessary products or services.
• Maintain optimal and timely supply of
goods and services.
• Promote responsible. practices throughout
the supply chain.
• Obtain input regarding product and service
development.
5 Regulators • Various engagements with central and regional Monthly or as deemed necessary by
• Maintain open, honest, and transparent governments, participation in consultative either party.
relationships while ensuring compliance forums.
with all legal and regulatory requirements. • Sustainability materiality questionnaire surveys.
• Maintain Bank’s various operating licenses
and minimize operational risk.
• Obtain input regarding the Bank’s
sustainability strategy.
6 Academic Institutions • Face-to-face, written, and digital As needed.
Obtain input regarding ESG implementation communication.
and product/service development. • Sustainability materiality questionnaire surveys.
7 General Public and NGOs • Annual reports, press releases, and partnership Continuous, in alignment with
• Partnership in implementing sustainable implementation of CSR programs and initiatives. partnership needs.
CSR programs and initiatives. • Sustainability materiality questionnaire surveys.
• Obtain input regarding areas and focus of
sustainable CSR programs and initiatives.
8 Mass Media • Regular interactions for information sharing and Continuous, as needed.
• Communicate with relevant stakeholders responding to media inquiries.
and broader society to create positive • Product and service launches.
influence and achieve desired business • Interviews with key business media on relevant
outcomes. matters.
• Protect and manage the Bank’s • Continuous phone and e-mail interactions
sustainability-related reputation. regarding media inquiries.
• Empowering their audience to make informed
financial decisions.
• Sustainability materiality questionnaire surveys.
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SUSTAINABILITY TOPIC AND SUSTAINABLE DEVELOPMENT GOALS [GRI 3-1]
In 2024, Danamon conducted an assessment of sustainability aspects identified as material topics, updating the
previous sustainability topics. The assessment process included steps of identification, testing, and prioritization of
topics, involving internal and external stakeholders.
In accordance with stakeholder engagement, a sustainability materiality questionnaire survey was conducted to
determine the priority of material topics. The determination of material topics was also done by benchmarking
between previous topics, MUFG Group assessments, peer Banks in Indonesia, sustainability reporting standards and
frameworks such as GRI, SASB, IFRS & S2, and ESG rating agencies. This process was conducted by involving an
independent third party to ensure that the process involves parties with relevant expertise.
Danamon employs a double materiality approach to test and select material topics. Material topics are those that
have significant impact on stakeholders and are crucial for the sustainability of Danamon’s business. Danamon’s
commitments to each material topics are stipulated in Sustainability Policy.
Danamon is firmly committed to supporting the achievement of Indonesia’s Sustainable Development Goals (SDGs)
through the provision and operational activities of financial services for all Indonesians. Danamon’s contribution to
the SDGs is realized through various initiatives and collaborations outlined in the RAKB. The link between Danamon’s
material topics and the SDGs is summarized as follows.
List of Material Topics and their Relationship to SDGs within RAKB Pillars [GRI 3-2]
Governance & Process Internal Awareness and Capacity Building
• Anti-corruption
• Cybersecurity Human Resource
• Human Rights Development
Responsible Workplace Management
Sustainable Financing (Achieving Net Zero from Own
Operation in 2030)
• Credit Portfolio with ESG
• Climate Change
Screening Criteria
• Operational Environmental
• Product and Service
Footprint
Development
Corporate Social Responsibility
• Diversity, Equity and
Inclusion
• Financial Access/Financial
Inclusion and Community
Developmentt
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Danamon’s Commitment Towards SDGs [GRI 2-22] [GRI 3-3]
SDGS COMMITMENT
• Supports the collective commitment to achieve net-zero GHG emissions from its own operations by 2030;
• Optimizing energy, water, and paper usage across daily business activities. This includes sustainable
waste management practices and a range of innovative initiatives;
• Pursues funding for green projects, such as renewable energy initiatives and climate-resilient
infrastructure, in alignment with regulatory guidance;
• Integrates ESG criteria into investment assessments and credit portfolios as part of its efforts to accelerate
the transition to a low-carbon and sustainable economy;
• Building resilience among low-income communities to reduce their vulnerability to extreme climate events
and economic, social, environmental shocks and disasters through disaster risk reduction programs;
• Strengthening resilience and adaptive capacity to climate-related hazards and natural disasters through
disaster risk reduction initiatives.
• Committed to developing affordable and accessible Banking services for underserved communities,
thereby bridging economic disparities;
• Support the growth of financing portfolios for small and medium enterprises, as well as strengthening
policies and capabilities to expand access to Banking products and financial services;
• Maintain a zero-tolerance stance against all forms of discrimination, including but not limited to
discrimination based on race, color, religion, gender, national origin, social status, physical disability, and
marital status.
Implementing gender equality policies, such as equal pay, maternity leave, and leadership development
programs to foster a more inclusive workplace.
• Ensure equal employment opportunities across all aspects of work;
• Committed to investing in skill enhancement, leadership development through education and training
programs, and employee career development;
• Provide training sessions and knowledge-sharing initiatives to enhance financial literacy and
entrepreneurship capabilities among communities within the Bank’s operational areas.
• Strictly implements anti-money laundering prevention and prohibition mechanisms; promotes transparency
and accountability; and refuses to conduct business with entities involved in corrupt practices;
• Supports initiatives and organizations dedicated to combating corruption and promoting good governance;
• Committed to upholding strict ethical standards and human rights principles across all operations.
BUILDING DANAMON SUSTAINABILITY CULTURE [POJK F.1]
The development of a sustainability culture is a part of Danamon’s SFAP pillars, specifically the “Internal Awareness
and Capacity Building” pillar, which aims to provide employees with the insights, knowledge, and skills needed to
implement sustainable finance, as well as incorporating sustainable practices into daily activities.
Throughout 2024, Danamon has carried out efforts to develop sustainability culture, such as:
1. Conduct stakeholder engagement with internal and external stakeholders;
2. Organizer various trainings and sharing sessions on sustainability finance;
3. Conducting various initiatives to save electricity, water, and paper including regular campaigns through internal
e-mail blast to remind employees of the importance of saving electricity, water, and paper;
4. Built EV charging stations in five Danamon buildings, including the head office, and facilitated electric motorcycle
rental to support EV campaign;
5. Create an inclusive work environment that ensures equality in opportunities in the workplace.
SUSTAINABLE FINANCE COMPETENCY DEVELOPMENT [GRI 2-17]
Danamon implements continuous learning for members of its Board of Directors, Board of Commissioners,
management, and frontline employees to improve their knowledge and skills that are needed to apply effective
sustainable finance. Internal competency development programs are designed in the annual sustainable finance
action plan that we have prepared together with the Human Capital department.
Dissemination of information to increase employee awareness of the sustainable finance implementation through
internal e-mail media and private messaging services, and the public through press releases and social media.
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Training related to Sustainability Finance
Name of Training Organizer Participant
Code of Conduct 2024 E-Learning (EAZY) 8,340 employees
Danamon Sustainability 2021 E-Learning (EAZY) 8,206 employees
Occupational Safety in Emergency Condition E-Learning (EAZY) 8,144 employees
Peran Taksonomi untuk Keuangan Berlanjutan Indonesia OJK 2 employees
(TKBI) dalam Mendorong Transisi Energi Menuju Net Zero
Emission Indonesia
How to Mitigate Transition and Physical Risks in the Financial OJK Institute 2 employees
Sector
Asia Transition Finance Study Group (ATF-SG) Series 1-5 ATF SG 30 participations
How to Calculate Financed Emission OJK & WWF 4 employees
Capacity Building on GHG emissions calculations Tri Hita Consulting 32 employees
SINAR Episode Spesial Hari Disabilitas Internasional: Mari Internal 49 employees
Belajar Bahasa Isyarat
Training Scope-3 GHG Emission Calculation (Cat. 1, 2, 6, and Fair Atmos 5 employees
15) with Fair Atmos & ADMF
TKBI Public Consultation on New Sectors (Construction & Real OJK 3 employees
Estate, Transportation & Storage, Half of AFOLU)
Seminar regarding Green Washing UNEP FI & OJK Institute 3 employees
Technical Workshop on Scope-3 FE with THK Tri Hita Consulting 31 employees
Seminar “Journeys Toward the Adoption of IFRS S1 and S2 in OJK - IAI 2 employees
Indonesia"
Bloomberg Sustainable Finance Seminar Bloomberg in partnership 3 employees
with OJK
Seminar “Kesiapan Adopsi Standar Pengungkapan OJK - IAI 2 employees
Keberlanjutan (IFRS S1-S2)”
Note:
More information on the training programs for the Board of Directors and the Board of Commissioners can be seen in the Corporate Governance Chapter in this Report.
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CREATING
BIGGER IMPACT
ESG ASPECT ASSESSMENT IN THE CREDIT PROCESS These guidelines apply to new and additional loan
[SASB FN-CB-410a.2] [GRI 3-3] applications for business activities that have significant
For Danamon, ESG integration plays a crucial role in ESG risks. They contain procedures for identifying,
credit distribution, serving to prevent and minimize assessing, mitigating, and compensating ESG risks
potential negative environmental and social impacts in the industry. It contains procedures for identifying,
from business activities. Danamon ensures total assessing, mitigating, and compensating ESG risks in
compliance to regulations, by not financing industries the industry from the debtor’s perspective, including
included in the list of prohibited industries. Bank environmental risks such as climate, environmental and
conducts environmental and social risks assessments in biodiversity damage, and water; and social risks such
the credit underwriting process and request fulfillment as human rights.
of environmental requirements from debtors to minimize
social and environmental risks from loan distribution. ESRA contains analysis guidance for eleven sectors in
Danamon conducts credit analysis, including the priority industries that contain significant risks related
fulfilment of debtor requirements for environmental to ESG aspects, including:
impact analysis (Analisis Mengenai Dampak
Lingkungan-AMDAL) and/or other environmental 1. Palm oil;
documents and the results of the evaluation of the 2. Mining and quarrying;
Company Performance Rating Program in Environmental 3. Coal;
Management (Program Penilaian Peringkat Kinerja 4. Pharmaceuticals;
Perusahaan Dalam Pengelolaan Lingkungan Hidup - 5. Chemicals;
PROPER), in addition to all legal requirements related 6. Steel;
to the environment and social that are valid according 7. Textiles;
to applicable regulations. The Loan Agreement requires 8. Pulp and paper;
debtors to maintain all business licenses and permits, 9. Wood and forest products;
including environmental permits within their validity 10. Consumer products;
period and renew upon expiration. 11. Oil and gas (related to oil sands, Arctic Area
development, shale oil/gas, and gas pipelines)
ENVIRONMENTAL AND SOCIAL RISK
MANAGEMENT (ESRM) The Bank is committed to conducting annual supervision
Danamon applies Environmental and Social Risk and assessment of debtors through established credit
Management (ESRM) through the Sustainability Credit monitoring procedures. If there is an indication of a
Guidelines and the Environmental and Social Risk violation, the Bank conducts a thorough investigation
Analysis (ESRA) Guidelines. The Sustainability Credit as one of basis to decide on the continuation of the
Guidelines and ESRA Guidelines have been adopted credit. This assessment process is not only intended to
in the EBFI Line of Business (LoB) for the Corporate address negative impacts on the business but also to
and Commercial segments since 2021 and for the Mid- support the overall assessment.
Market segment since 2023. Later in 2024, Danamon
updated Sustainability Credit and ESRA Guidelines The Internal Audit Working Unit (IAU) conducted an
to align with the latest regulations and the MUFG independent assessment of the Sustainability Credit
Environmental and Social Policy Framework related to Guideline and ESRA Guideline to ensure its alignment
the mining and biomass sectors. with the target industries segment and to evaluate
whether a comprehensive analysis of environmental
The Sustainability Credit Guidelines are used to and social impacts was conducted as part of the loan
ensure alignment of credit policies with the prevailing review process. In 2024, IAU has conducted review on
regulations related to targeted industry segments and Sustainability Credit and ESRA Guideline as well as its
evaluate them based on an analysis of environmental implementations by related LOBs.
and social impacts as part of the credit review process.
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Implementation of ESRA Guidelines
Description 2024 2023 2022
Total Debtors that have implemented loan process through ESRA 110 81 55
Total Debtors falling under ESRA category* 221 216 204
Total credit implementing the loan process through ESRA (in Rp Billion) 35,646 23,049 22,778
Total credit under ESRA (in Rp Billion) 46,455 40,412 35,790
Percentage of debtors implementing the loan process through ESRA (%) 50 38 27
Credit percentage (plafond) applying the loan process through ESRA (%) 77 58 64
Note:
*
Total debtors included in the eleven industry sectors with high and medium risk categories based on ESRA Guidelines
ESG-BASED LOAN PORTFOLIO
Sustainable products and services serve a variety of purposes that are notable to economic, environmental, and
social development, including funding projects and initiatives that help reduce negative environmental impacts while
narrowing social and economic gaps.
SUSTAINABLE FINANCE PORTFOLIO
Since 2018, Danamon has provided sustainable loans in accordance with Financial Services Authority Regulation No.
51 of 2017 (POJK-51/2017) to support sustainable finance program. Not only to give financial benefits, sustainable
loan/financing purpose is but also to improve environmental performance and social benefits. Sustainable loan
serves as an important initiative that allows the financial services sector to support the SDGs, including facing climate
challenges.
Danamon targets to allocate 23% of its entire total loan portfolio as sustainable financing by 2029. The achievement
of KKUB is one of the Board of Directors’ Key Performance Indicators (KPIs).
Total Financing by Category of Sustainable Business Activities and Comparison to Total Portfolio
[SASB FN-CB-240a.1] [SASB FN-CB-000.B] [POJK F.3]
Rounding applied | Rp billion
KKUB Description 2024 2023 2022
1. Renewable energy 3,184 1,652 644
3. Pollution prevention and control 324 66 2
4. Sustainable management of natural resources and land use 2,626 2,253 1,281
6. Environmentally friendly transportation 227 107 8
7. Sustainable water and wastewater management 1,844 3,000 1,600
9. Product which can reduce the use of resources and produce less pollution (eco-efficient) 288 237 81
10. Environmentally friendly buildings that meet national, regional, or international recognized 132 39 32
standards/certification
11. Other business activities and/or activities with an environmental perspective 776 259 8
12. Business activities and/or other activities of micro, small and medium enterprises 23,307 23,650 21,486
Total KKUB financing 32,707 31,264 25,142
Total portfolio Bank 156,476 144,643 121,902
% KKUB financing to total portfolio 21% 22% 21%
Target % of KKUB financing to total portfolio 23% 21% 21%
Throughout 2024, Danamon has disbursed sustainable loans based on the Sustainable Business Activity Category
(KKUB) amounting to Rp32.7 trillion, which increased by 4.6% from last year at Rp31.3 trillion. The figure includes loans
for the Micro, Small, and Medium Enterprises (MSMEs) segments, which contributed 71.3% to the total sustainable
loans. Over the past two years, Danamon’s sustainable loan has grown by around 30%, from Rp25.1 trillion by the end
of 2022 to Rp32.7 trillion by the end of 2024.
Danamon will remain focused on providing green loan by utilizing the MUFG Group ecosystem by serving customers
from various segments in implementing the energy transition through the use of environmentally friendly technology.
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One of our initiatives is collaboration with ADMF to provide loans for environmentally friendly transportation. In
2024, together with ADMF, Danamon had successfully disbursed loans for environmentally friendly transportation
amounting to Rp226.7 billion.
In addition, we continuously strengthen support for the distribution of green loans in the renewable energy sector,
with a focus on financing in the retail, Corporate and community sectors. Through these steps, we hope to continue
to support the transition to more environmentally friendly energy sources.
OIL INDUSTRY LOAN PORTFOLIO
With regards to loans disbursement to certain sectors that require careful management of management of biodiversity
and sustainable land use, especially the palm oil plantation business, Danamon always adheres to the Palm Oil Sector
Credit Policy and requires debtors to obtain Roundtable Sustainable Palm Oil (RSPO) and Indonesian Sustainable Palm
Oil (ISPO) certifications. Debtors are further required to adopt the No Deforestation, No Peat, and No Exploitation
(NDPE) policy. In 2024, 94.4% of our debtors within the Palm Oil Sector have obtained or in progress in obtaining for
ISPO/RSPO certification.
ISPO-required Palm Oil Industry Debtors and Loan Portfolio in 2024
Number of Debtors
Total:
11 6 1
18
61.6% 33.3% 5.6%
Loan Outstanding (Rp billion)
Total:
4,682 498
5,181
1
90.4% 0.0% 9.6%
Obtained ISPO and/or RSPO In progress Not yet certified/ certifcate obtained
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CARBON-RELATED ASSET
As part of MUFG’s global network, Danamon classifies credit disbursement based on carbon-related and non-carbon
related assets. Disclosure of carbon-related assets is part of Danamon’s efforts to monitor portfolios in sectors
which business activities are climate-related, such as energy, utilities, transportation, materials and buildings, and
agriculture, food, and forest products. In 2024, Danamon recorded carbon-related assets, accounting for 44.2% of
total credit and trade finance disbursements.
Carbon-related Asset
Balance
Description Ratio
(Rp billion)
Energy 3,176 2.0%
Oil & Gas 3,020 1.9%
Coal 155 0.1%
Utilities 351 0.2%
Electricity 351 0.2%
Gas Supply and Others 0 0.0%
Transportation 10,317 6.4%
Air Freight 1,596 1.0%
Passenger Air Transportation 5 0.0%
Maritime Transportationt 140 0.1%
Rail Transportation 0 0.0%
Trucking Service 1,134 0.7%
Automobiles and Components 7,442 4.6%
Materials and Buildings 27,726 17.3%
Metals and Mining 5,024 3.1%
Chemicals 6,445 4.0%
Construction Materials 5,394 3.4%
Capital Goods 1,563 1.0%
Real Estate Management and Development 9,300 5.8%
Agriculture, Food, and Forest Products 29,140 18.2%
Beverages 1,452 0.9%
Agriculture 10,034 6.3%
Packaged Food and Meats 10,868 6.8%
Paper and Forest Products 6,785 4.2%
Carbon-related Assets 70,710 44.2%
Carbon non-related Assets 89,360 55.8%
Total Credit Portfolio and Trade Finance from All Sectors 160,070 100%
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ESG-ORIENTED INVESTMENTS sector in accordance with the direction of the OJK. As
Danamon also supports sustainable investment through a further development of THI Pilot Project since 2022,
diversification in bonds that directly/indirectly impact scope of TKBI will be more focused on the Nationally
public and/or environmental or social development. Determined Contribution (NDC) related sectors and its
By the end of 2024, the proportion of investment changes in accordance with regulatory directive.
in Danamon’s Corporate Bond portfolio through
infrastructure bonds, green bonds, and/or social bonds SUPPLY CHAIN [GRI 2-6]
reached 27.2% of Danamon’s total Corporate Bond The operations of Danamon rely on the critical role
portfolio, against a target of 2.5%. Going forward, of suppliers to fulfill the Bank’s requirements for
Danamon targets to allocate at least 4% of Danamon’s operational goods and services. In forming partnerships
Corporate Bond portfolio to bonds that have an impact with external parties, Danamon’s Procurement Division
on public and/or environmental or social development strictly follows Standard Operating Procedures (SOP)
by the end of 2029, taking into account the availability and the Code of Ethics to ensure that collaborations
of instruments and opportunities in the market. uphold the highest ethical standards.
SUBSIDIARY Danamon implements an Anti-Bribery and Corruption
Adira Dinamika Multi Finance (ADMF), as part of Policy that encompasses assessments of potential
Danamon, also provides several ESG-oriented loan violations and supplier due diligence. This policy is
products, including: designed to prevent conflicts of interest with both current
• Electric Vehicle Loan and prospective suppliers. To enhance transparency,
Electric motorcycle and electric car loan is provided Danamon has established a Whistleblowing
to customers with competitive down payments and System (WBS), which allows stakeholders to report
installments, as well as various other benefits for suspected violations or fraudulent activities, thereby
customers; reinforcing accountability in the procurement process.
• Working Capital Loan (Kredit Usaha Anda/KUA) [GRI 2-25] [IDX G-09]
Loan provided for financing working capital or
investment using vehicle BPKB as collateral intended Protecting the confidentiality of Company, employee,
to support MSMEs (Micro, Small, and Medium and customer data is a top priority throughout the
Enterprises) to get access to business capital credit. procurement process. To ensure this, Danamon
implements key measures during supplier onboarding,
SUPPORTING INDONESIAN TAXONOMY FOR such as confidentiality agreements and the Procure-to-
SUSTAINABLE FINANCE (TKBI) Pay (P2P) system, which are essential for maintaining
In accordance with the direction of the Financial transaction security and efficiency. Currently, Danamon
Services Authority (OJK), TKBI is a classification of collaborates with 509 suppliers across various
economic activities that supports efforts and SDGs that sectors, including insurance, information technology
cover economic, environmental, and social aspects. It development, hardware and software, professional
offers guidance for increasing capital allocation and consulting, office supplies, ATM machines, outsourcing
sustainable financing to support the achievement of services, construction and facilities management, and
Indonesia’s Net Zero Emissions (NZE) target in 2060 or financial management services.
earlier.
In 2024, Danamon continued implementing the
Indonesian Green Taxonomy (THI) Pilot Project and
commenced the TKBI Pilot Project with the energy
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Procurement Practices [GRI 2-6]
2024 2023 2022
Description
Total % Total % Total %
Local Supplier 478 94 384 92 277 91
International Supplier 31 6 34 8 28 9
Total 509 100 418 100 305 100
Non-employee Workers
In supporting its operations, Danamon is supported by non-employee or outsourced workers. The presence of
outsourced workers supports the Bank’s operational efficiency, and enables the Bank to focus on activities related
to core competencies. In this context, non-employee work definition refers to GRI Standard 2021’s definition of
‘temporary employees’.
Non-employee Workers Based on Type of Work [GRI 2-8]
Number of Workers
Type of Work
2024 2023 2022
Security 960 1,044 1,211
Cleaning Service 650 650 689
Driver 10 9 12
Danamon, as a strategic partner of MUFG Bank, collaborated with MUFG Jakarta Branch to host the ESG seminar
MUFG N0W (Net Zero World) on September 4th, 2024, at the Raffles Hotel Jakarta. The prestigious event, themed
“Strengthening Momentum: Indonesia’s Transition to Net Zero,” brought together approximately 200 C-level
executives, including policymakers, business leaders, and representatives from both the public and private sectors,
as well as customers of Danamon and MUFG Jakarta Branch. The seminar served as a platform to discuss the critical
role of cross-sector collaboration in supporting Indonesia’s efforts to meet its Nationally Determined Contributions
(NDCs).
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MINIMIZING
ENVIRONMENTAL IMPACT
Danamon has always been committed to minimizing the environmental impacts of its operations. Amongst the
tangible efforts we have made are energy efficiency programs to reduce electricity consumption and the reduction
of greenhouse gas emissions through the use of green technology, and the encouraged use of electric vehicles.
Danamon also applies responsible water consumption across its office network to ensure efficient and sustainable
utilization of existing resources. In addition, Danamon is active in reducing paper use and waste by promoting
digitalization.
Danamon is headquartered in Menara Bank Danamon (MBD), an office building that earned the Platinum Level Green
Building Certificate from the Green Building Council Indonesia (GBCI) in 2021. This certification confirms that MBD has
met the highest level of green building standards, reflecting Danamon’s commitment to environmental sustainability.
This certification demonstrates Menara Bank Danamon’s efficient energy and water consumption and effective
pollution-mitigation measures. That earned certificate points to Danamon’s commitment to supporting decarbonization
and reducing the environmental impacts of its operations. Such an accomplishment also reflects Danamon’s effortful
contribution to sustainable development and support of global goals in addressing climate change.
The Corporate Real Estate Management Division (CREM) and the Sustainability Finance (SF) Division are integral in
disseminating sustainability policies and principles via internal communication channels.
Environmental Cost Incurred (Rp Million) [POJK F.4]
Description 2024 2023 2022
Reducing organic and B3 waste 273 255 249
Solar panel investment 4,004 11,059 1,998
VRF installation 12,400 - -
Total 16,677 11,314 2,247
Notes:
Data collected from Menara Bank Danamon (MBD), Jakarta Operational Office (JOO) and Region Office (RO)
Total environmental costs in 2024 were Rp16.7 million, increased 47% from 2023 due to new initiative.
ENERGY CONSUMPTION AND REDUCTION [GRI 3-3]
Danamon has its operations supported by energy consumption such as electricity for office operations and fuel oil
(BBM) for operational vehicles. Danamon strives to enhance its energy efficiency across all its operational activities.
To save electricity consumption, Danamon has been running a saving electricity campaign that encourages all
employees to create an energy-conscious work environment.
As an effort to reduce fuel consumption, Danamon encourages employees to switch from conventional vehicles
to electric vehicles. To support this initiative, in 2024 Danamon built charging stations in 16 operational buildings,
including in its head office at Menara Bank Danamon. In addition, Danamon also provides electric motorbike rental
services for employees, allowing them to use vehicles with lower emissions.
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ENERGY CONSUMPTION AND INTENSITY
In 2024, Danamon recorded energy usage of 139,786 GJ, decreasing from the previous year. The reported figures
include energy consumption at Bank Danamon Tower and across its branch offices in Indonesia.
ENERGY [GRI 302-1] [IDX E-03]
Energy Usage Rounding applied
Description Unit 2024 2023 2022
Energy from Pertadex (stationary generator) Liters 48,537 44,846 48,201
Non-Renewable Sources
GJ 1,844 1,704 1,832
Pertamax (motor vehicle) Liters 52,272 68,904 87,880
GJ 1,788 2,357 3,005
PLN electricity kWh 37,280,135 39,003,622 38,979,580
GJ 134,208 140,413 140,326
Total from Non-Renewable Sources GJ 137,841 144,474 145,164
Energy from Solar Panels kWh 540,278 125,000 67,500
Renewable Sources
GJ 1,945 450 243
Total from Renewable Sources GJ 1,945 450 243
Total Energy Consumption GJ 139,786 144,924 145,407
Renewable Energy Purchase
Description Unit 2024 2023 2022
REC Purchase kWh 21,783,000 - -
GJ 78,419 - -
Total Energy Consumption including RECs [GRI 302-1] [IDX E-03]
Description Unit 2024 2023 2022
Energy Usage From Non-Renewable Sources GJ 59,422 144,474 145,164
From Renewable Sources GJ 80,364 450 243
Total Energy Use GJ 139,786 144,924 145,407
Energy Usage Intensity [POJK F.6] [GRI 302-3]
Description Unit 2024 2023 2022
Based on Revenue GJ/million
0.0051 0.0059 0.0068
IDR
Based on Number of Employees GJ/Person 16.35 16.56 16.37
Notes:
Bank Danamon only
ELECTRICITY EFFICIENCY PROGRAM [POJK F.7]
Danamon is committed to optimizing electricity consumption through the Electricity Efficiency Program. In 2024,
Danamon undertook several key initiatives, including:
• The addition of 50 buildings and branch offices that have adopted LED lighting;
• The implementation of VRF air conditioning systems in 7 building and branch office locations.
USE OF RENEWABLE ENERGY
As one of the decarbonization steps, 10 of Danamon’s buildings have installed solar panels as one of the sources
of electricity. Since 2024, Danamon has purchased Renewable Energy Certificate (REC) from PLN, which will be
claimed in stages.
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GREENHOUSE GAS EMISSIONS [IDX E-01] [GRI 3-3]
Danamon produces Greenhouse Gas (GHG) emissions from its operational activities. The documented GHG emission
data are direct GHG emissions (Scope-1) and indirect GHG emissions (Scope-2). In addition, Danamon has since 2023
also begun calculating Scope-3 emissions from its credit portfolio. Danamon is committed to reducing greenhouse
gas (GHG) emissions from its operations by applying sustainability principles across all activities, improving energy
efficiency, adopting renewable energy sources, and advancing sustainable financing.
Calculation of Scope-2 Emissions in 2024 [GRI 305-2]
Energy Faktor Emisi (Ton Perhitungan Emisi
Total Electricity Usage (kWh) Contract Instruments
Quantity (kWh) CO2e/MWh) (Ton CO2e)
37,820,413 540,278 Self-generated (Solar Panel) 0 0
21,783,000 REC purchase 0 0
PLN Grid Electricity Purchase without
15,497,135 0.79 12,243
REC
Total Scope-2 Emissions 12,243
Notes:
*Claims of REC usage and carbon neutrality follow the RE100 Standard referenced by PLN-EMI as the REC issuer
Use of electricity from REC purchases neutralizes carbon emissions in the Bank’s office operations
Electricity Emission Factor from REC = 0 Ton CO2e/MWh, until this report is made it is still under confirmation from PLN-EMI
EMISSIONS [POJK F.11] [GRI 305-1] [GRI 305-2] [GRI 305-5] [SASB FN-CB-410b.1] [IDX E-02]
Description Unit 2024 2023** 2022**
Scope-1 Pertadex (stationary generator) Ton CO2e 127 118 127
Pertamax (motor vehicle) Ton CO2e 120 159 203
Scope-2 PLN electricity *
Ton CO2e 12,243 **
30,813 30,794
Total Gross Emissions Ton CO2e 12,491 31,089 31,123
Offset Carbon Credit Ton CO2e - (2,699) -
Total Emissions Ton CO2e 12,491 28,390 31,123
* Calculation based on updated emission factors from the Green Calculator Guidebook, Bank Indonesia version 2024. Previously presented as 23,661 Ton CO2e (2023)
and 23,686 Ton CO2e (2022)
** Emissions from PLN electricity use after deducting REC purchases
Emission Reduction [GRI 305-5]
Description Unit 2024 2023 2022
Emission Reduction Solar Panels Ton CO2e 427 99 53
Carbon Credit Ton CO2e - 2,699 -
REC Ton CO2e 17,209 - -
Total Emission Reduction Ton CO2e 17,635 2,798 53
Intensity of Greenhouse Gas Emissions [GRI 305-4]
Description Unit 2024 2023 2022
Based on Revenue Ton CO2e/
0.0005 0.0012 0.0015
million IDR
Based on Number of Employees Ton CO2e/
1.46 3.24 3.50
person
FINANCED EMISSION [SASB FN-CB-410b.4]
Danamon calculated Scope-3 GHG emissions in reference to the Greenhouse Gas Protocol: A Corporate Accounting
and Reporting Standard Revised (GHG Protocol), IPCC (2006 and revised 2019) to determine the calculation
methodology and emission factors. Danamon reports financing issuance by sector portfolio rather than by asset
class.
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In the process of calculating Scope-3 GHG emissions from financing activities, Danamon also refers to the guidelines
published by the Institute of Partnership for Carbon Accounting Financials (PCAF) in 2020. This guideline regulates
methodologies, assumptions, benchmarks, and qualitative approaches used to assess GHG impacts on the financial
sector.
Debtors included in the reporting scope are debtors from LOB EB and SME that covers 50% total loan portfolio.
[SASB FN-CB-410b.3]
Scope-3 GHG Emissions (Category 15-Loan Portfolio) in 2023* [GRI 305-3] [SASB FN-CB-410b.2]
Financed Emissions
Emissions Sources’ Industrial Sectors
(Ton CO2e)
Processing Industry 1,349,475,4
Construction 321,478,5
Transportation and Storage 111,882,4
Agriculture, Forestry, and Fisheries 68,290,1
Mining and Quarrying 47,264,6
Procurement of Electricity, Gas, Steam/Hot Water and Cold Air 45,999,1
Financial Activity and Insurance 39,271,6
Real Estate 18,879,5
Water Management, Wastewater Management, Solid Waste Management and Recycling, and Remediation Activities 10,382,4
Total 2,012,923,6
Note:
* Financed emission is calculate using 2023 loan data, aligning with PCAF standard.
• The datasets used to estimate the GHG emissions of Danamon’s debtors have different levels of uncertainty due to data availability and corrections. For example, the
available debtor’s financial information period is different with the loan value period; the emissions are based on proxies derived from income or operational results; and
the spend-based method has inherent uncertainty. In addition, the emissions values of some debtors were adjusted from the published values.
GHG EMISSION REDUCTION [POJK F.12] [GRI 305-5] [IDX E-07]
GHG emission management is conducted by using 2019 as the base year to measure Scope-1 and Scope-2 emission
reductions. In 2024, Danamon continues its decarbonization program through the installation of solar panels and
the purchase of RECs. By the end of the reporting period, Danamon has added 10 units of solar panels compared
to 2023. Through this initiative, Danamon managed to reduce the use of electrical energy from PLN by 1,945 GJ or
equivalent to 426.82 tons of CO2e.
In addition, REC purchased by Danamon in 2024 was equivalent to 21,783 MWh of net electrical energy.
Use of Solar Panels
Energy Generated Emission Reduction
2024 2024
GJ 2023 2022 CO e
Ton 2
1,945 450 243 426.82
Renewable Energy Certificate Energy by Source
Purchase of Energy from Renewable 57% From Non-Renewable Sources
Sources From Renewable Sources
2024 Unit
21,783 43%
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WATER USAGE [IDX E-04] [GRI 3-3]
Throughout 2024, Danamon continued its responsible water use program as part of its efforts to support environmental
sustainability. To ensure the sustainability of water resources, Danamon ensures that it never sources water from
areas considered as water stress. Bank gets its water supply from the Regional Drinking Water Company (PDAM in
Bahasa).
Wise use of water is carried out through monitoring water usage to identify areas that need improvement. Bank also
runs active internal media campaigns to raise employee awareness of the importance of saving water.
WATER USAGE [POJK F.8] [GRI 303-5]
Total water usage
2024 m3
2023 2022
150,709
150.7 Megalitres 158,543 134,995
158.5 Megalitres 135.0 Megalitres
Water usage intensity
2024 m3/employee
2023 2022
1.47
1.51 1.27
OFFICE WASTEWATER MANAGEMENT [POJK F.14] [GRI 3-3]
Danamon manages its wastewater from office activities in compliance with applicable regulations. Domestic
wastewater from Menara Bank Danamon (MBD) is treated through a Waste Water Treatment Plant (WWTP) before
being discharged into the city drainage system.
PAPER AND WASTE MANAGEMENT [IDX E-05] [POJK F.14]
Danamon strives to reduce the use of paper as one of the initiatives to reduce waste generation. In 2024, Danamon
recorded paper usage of 54,057 reams, almost same from 54,060 reams in the previous year. Here are some of the
efforts Danamon has made to save paper usage:
• Printing on both sides of the paper and using smaller margins in document formats;
• Paper reuse.
The Bank engages specialized third-party services for the management of Hazardous and Toxic (B3) waste, ensuring
safe and compliant disposal practices. In alignment with sustainability best practices, Danamon also partners with
Waste4Change to manage and sustainably treat waste from our main office tower. In 2024, waste managed by
collaborating with Waste4Change reached 130,656 kgs, consisting waste of, paper, glass, metal, plastic waste. The
bank has also implemented waste segregation in the head office workplace as a form of waste management. [POJK
F.13] [GRI 306-3]
With the implementation of waste management and office waste, there were no incidents of liquid waste spills during
the reporting year. [POJK F.15]
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Paper Consumption Total Solid Waste* [POJK F.13] [GRI 306-3]
2024 2023 2022 2024 kg 2023 2022
Reams
54,057 54,060 48,313 130,656 104,545 71,004
*
Only includes waste generated from Menara Bank Danamon managed by
Waste4Change
USE OF ENVIRONMENTALLY FRIENDLY MATERIALS [POJK F.5]
Danamon applies an environmentally friendly approach to selecting materials to support its operational activities.
These environmentally friendly practices include:
1. Using gypsum to build room dividers during renovations and the establishment of new branch offices;
2. Choosing furniture made from Medium Density Fiber (MDF) and particle board;
3. Choosing wall panels with low Volatile Organic Compound (VOC) content;
4. Using R32 AC refrigerant is known for its greener properties;
5. Installing VRF air conditioning systems that are more energy efficient.
DIGITAL TRANSACTIONS AND E-CHANNEL PLATFORMS
Technological advancements allow customers to make various financial transactions, such as Bank transfers,
purchases, and payments, as well as non-financial transactions, such as checking balances and opening new
accounts more easily. While easy, these digital services have also helped reduce the carbon footprint produced since
they minimize the need for customers to visit Bank branches.
Danamon’s digital platforms, including the D-Bank PRO application, Danamon Online Banking, and SMS Banking, are
designed to meet the diverse needs of customers with the offering of convenience and efficiency in transactions. In
2024, Danamon recorded 286,614,165 digital transactions, more than doubled compared to the previous year. With
an active communication strategy, Danamon encourages the use of electronic Banking services, which eventually
has resulted in an increase in the number of users each year.
Total Digital Transactions
2024 Transactions
2023 2022
286,614,165
123,142,170 115,513,569
The Bank’s initiative to reduce environmental impacts can also be seen from the use of e-statements, which
replace printed statements for Bank statements and credit card information. The increasing preference of
customers for e-statements proves that this initiative has been effective, as seen from the increasing use of
e-statements every year.
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Use of E-Statement
Card Statement Bank Statement
2024 % 2024 %
2023 2022 2023 2022
Hardcopy % % Hardcopy % %
10 7
Hardcopy Hardcopy Hardcopy Hardcopy
12 14 8 10
e-Statement e-Statement
90 93
e-Statement e-Statement e-Statement e-Statement
88 86 92 90
BIODIVERSITY CONSERVATION [POJK F.9] [POJK F.10]
Danamon supports biodiversity conservation through various initiatives under Environment & Society Pillar the
initiated in 2022, such as planting mangroves and various other of trees.
As part of this initiative, Danamon is registering the mangrove planting project with the National Registry System of
the Ministry of Environment and Forestry (KLHK) as an effort to support carbon credit claims. To meet this target,
mangrove planting activity was suspended. The primary focus was observing the developing of mangroves planted
in prior years.
In the other hand, Danamon planted various other of trees in Kediri, East Java in collaboration with Universitas
Brawijaya as well as in Singaraja, Bali, in collaboration with Universitas Pendidikan Ganesha.None of Danamon’s
operational areas are located near or within conservation areas.
ACCUMULATED NUMBER OF TREES PLANTED
Mangrove
2024 Trees
2023 2022
53,500
53,500 21,500
Other trees
2024 Trees
2023 2022
9,555
8,655 3,055
ENVIRONMENTAL COMPLAINTS [POJK F.16] [POJK F.24] [GRI 2-26]
Danamon provides spacious rooms for environmental complaints, accessible through public complaint mechanisms
such as branch offices and the Hello Danamon platform. Danamon receives, handles, and settles any complaints
related to environmental impacts that may have been caused by its operational activities. There were no environmental
complaints throughout the reporting period.
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GIVING MORE,
GROWING TOGETHER [POJK F.25]
To contribute to the social aspect, Danamon is FINANCIAL LITERACY
committed to consistently implementing programs Financial literacy activities are carried out by
of activities that support financial inclusion, financial Group Marketing, Sharia Business Unit, and Branch
literacy, contribution to society, and capacity Network (Non-TJSP), as well as the Sustainability
development in internal and external. The programs are Finance Division (TJSP). During the reporting period,
expected to not only provide added value and created there were 5,582 participants who participated in
inclusive environment to stakeholders, but also have a face-to-face financial literacy activities and more
positive impact on Danamon’s reputation and maintain than 43 million people benefited from Danamon’s
stakeholders’ trust in the Bank. financial literacy delivered through mass media.
[SASB FN-CB-240a.4]
The implementation of Danamon’s social programs
is a collaborative effort of divisions and units with In the Non-CSR section, there were 38 literacy activities,
inseparable roles, namely the Branch Network, Human the majority of which target the Hajj & Umrah travel
Capital, Group Marketing, Digital Banking Division, community, cooperatives, automotive, journalists, and
Sustainability Finance Division, and Sharia Business education. In addition, through the YouTube channel,
Unit. The achievement of Danamon’s social programs Danamon has released 13 episodes of Danamon
is evaluated through Sustainability Sub-committee Financial Friday.
meetings to ensure they align with the objectives
to achieve. All Danamon initiatives in the fields of CONTRIBUTION TO THE COMMUNITY [GRI 3-3]
sustainable finance have also been adjusted to the [IDX S-12]
regulations issued by the OJK. Danamon implements a Corporate Social Responsibility
(TJSP or CSR) program built on three main pillars:
FINANCIAL LITERACY, FINANCIAL INCLUSION, economic, environmental & society, and societal.
AND CAPACITY DEVELOPMENT Danamon’s TJSP programs focus on providing real
In the final quarter of 2024, the Bank officially established contributions to the economic and social development
a unit dedicated to coordinating literacy and inclusion of the community while preserving the environment and
initiatives. Under this unit, financial literacy activities supporting the Sustainable Development Goals (TPB or
are conducted as part of both CSR (Corporate Social SDGs).
Responsibility) and non-CSR programs, while financial
inclusion serves as a support for the Bank’s business. In planning the CSR program, Danamon analyzes
community needs through social studies, dialogue with
In general, the main targets of these activities include the stakeholders, and evaluating previously running CSR
education, automotive, property, hajj, and umrah travel programs. The Bank takes these steps to design the
communities. However, we also open opportunities for right on-target programs so they will make significant
other communities that previously have established positive impacts. In 2024, Danamon spent Rp3.2 billion
strategic partnerships with the Bank. The materials for the implementation of TJSP. [GRI 413-1]
delivered cover personal financial management and
the selection of suitable Banking products. In addition,
there was a new topic about financial management for
‘afterlife investments that’s expected to meet the needs
and interests of various groups. Financial management
for ‘afterlife investment’ such as hajj & umrah and alms-
waqf, has become a new topic that helps raise the
awareness of the beneficiaries.
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CSR PROGRAM IN 2024
Description:
Economic Pillar
Environmental Pillar
Social Pillar
ECONOMIC PILLAR
Initiative Achievement
Literasi Keuangan untuk Semua • 14 activities with 1,241 beneficiaries consisting of education communities (school
students; college students; faculty members), MSME communities, and the disabled
• Locations: Bangka Belitung Province, Riau Islands Province, Jakarta, Lebak, Bekasi,
Bandung, Solo, Yogyakarta, Kediri, South Sulawesi
Tour D’Banking • 19 activities involving 16 schools with 1,577 beneficiaries
• Locations: Medan, Jakarta, Bandung, Semarang, Yogyakarta, Malang, Makassar, Manado
Community Development • Barista Training for the Disabled in Jakarta and Bandung
• Sustainable Livestock Entrepreneurship Pilot Project in Aceh Besar
ENVIRONMENTAL PILLAR [POJK F.12]
Initiative Achievement
Environmental Concern & Societal Affairs Activities related to the environment and society:
• 4 waste management in South Jakarta, Bandung, Yogyakarta, Denpasar
• 2 solar panel construction in Pekalongan & Semarang
• Infrastructure rejuvenation for 2 school facilities and on in Malang & Denpasar
• 2 tree planting in Kediri & Singaraja
• Blood donation in the Nusantara Capital City
• Cataract surgery for underprivileged communities in Sintang
SOCIAL PILLAR
Initiative Achievement
Disaster Mitigation and Response Disaster risk reduction activities in Padang and Aceh
Six disaster response activities:
• Landslides: Padang, Toraja
• Floods: Kendari, Manado, Ternate
• Volcanic eruptions: Flores
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ECONOMIC PILLAR example, the Program to Improve the Quality of Waste
Danamon’s CSR program in the Economic Pillar focuses Management through Community Empowerment in
on financial literacy and capacity building to create Sanur Kauh Village, Denpasar, where the Directorate
community economic self-reliance. of Research and Community Service (DPPM) of
Warmadewa University, Bali, initiated the program
There are two main financial literacy programs within with a series of socialization and capacity building,
CSR, namely the “Literasi Keuangan untuk Semua”, while Danamon contributed to the provision of waste
which is aimed at all segments of the community and management facilities.
is enriched with sustainability literacy (environmental
and disaster) as part of Danamon’s commitment to This year, Danamon collaborated with one of Danamon’s
Environmental, Social, and Governance (ESG) initiatives. pharmaceutical partners, PT Erela, to conduct free
Next, there is the Tour D’Banking Program, which cataract surgery for 100 underprivileged people in
specifically targets students. Students are given literacy Sintang Regency, West Kalimantan.
about professions and activities in the Banking industry
as well as other financial knowledge. They are allowed SOCIAL PILLAR
to visit Danamon branches directly or have Danamon Danamon’s CSR strategy under its social pillar is
teams visit their schools/campuses. concentrated on activities that address disaster risk
reduction and response. Continuing its commitment in
One of the Tour D’Banking activities in 2024 was a previous years, Danamon contributed to disaster risk
Financial Literacy Seminar at Gadjah Mada University reduction activities carried out by the National Disaster
with the theme “Learning Strategies to Navigate Management Agency (BNPB). This year, the activities
the Cycle of Financial Life.” The seminar was held in were held in two cities: Padang, West Sumatra and
collaboration with the MUFG Group (MUFG Jakarta, Banda Aceh, Nanggroe Aceh Darussalam.
Danamon, Adira Finance, Home Credit, and Zurich).
Disaster Response activities are open throughout the
In addition to developing financial literacy initiatives, year to respond to natural and non-natural disasters
Danamon continues its training program for disabled that occur in the Bank’s operating areas. The active
people to become baristas. Besides the Jabodetabek participation of Danamon branch teams is key to
area, this program has been expanded to Bandung. ensuring that these initiatives are well-targeted and
The program, conducted in collaboration with Sunyi distributed to disaster survivors.
Academy, consists of several elements: financial
training, barista skills, curriculum vitae writing, and PUBLIC COMPLAINTS [POJK F.24] [GRI 2-25] [GRI 2-26]
certified internships. Furthermore, workshops and Danamon is committed to always providing timely
business competitions were held for disabled people and professional services through branch offices and
who have small-scale businesses. A total of 68 the Hello Danamon platform. Customer and public
participants took part in these activities. complaints management is run with reference to the
Customer Protection Operational Reference Framework
ENVIRONMENTAL & SOCIETY PILLAR and the Customer Service Code of Ethics that have
In the Environmental Pillar, Danamon’s CSR activities been designed in accordance with customer protection
focus on environmental concerns and society issues. regulations issued by the OJK and Bank Indonesia.
Several initiatives undertaken in 2024 include organic
and non-organic waste management, tree planting, Danamon provides various channels to receive
renewable energy utilization, blood donation, and questions, requests, and complaints/input from
cataract surgery. customers and the public. In addition, stakeholders can
also visit Danamon branch offices directly to submit
Danamon collaborates with educational communities their complaints or feedback.
in implementing most of the above initiatives. For
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Public Complaint Mechanism
Customers and/or their
An assigned Bank officer
representatives must
will input the report The Bank will notify the
Receive complaints from provide information, such as
information into the customer of the resolution
customers and/or their account/card/loan numbers
customer complaint system of the complaint via
representatives through the and/or types of financial
and give the customer e-mail, telephone, letter, or
Bank’s facilities or those transactions, transaction
a registration number SMS or a system provided
provided by the OJK dates, and the problems
and estimated time for by OJK.
reported with an attached
settlement.
customer’s identity.
BANK DANAMON CONTACT CHANNEL
• Fixed line and cellular to 1-500-090 (without area code)
• International call to (+62) (21) 2354-6100
• E-mail: hellodanamon@danamon.co.id
• X : @HelloDanamon
• Live Chat (for inquiry only) : 085811500090
In 2024, Danamon received 24,373 complaints, all of which have been followed up according to the Bank’s procedures.
96.27% of the total complaints received have been successfully resolved, while the remaining 3,73% are still in the
resolution stage.
Number and Percentage of Complaint Resolutions
Description 2024 2023 2022
Total Complaints 24,373 24,825 14,192
Percentage of Complaint Resolution (%) 96.27 96.19 95.89
HUMAN CAPITAL
Danamon knows that employees are a key element in maintaining business continuity. Danamon’s business success
largely depends on the ability of employees to build harmonious relationships with stakeholders and create innovations
that align with its sustainability vision and mission.
EQUAL AND FAIR EMPLOYMENT [GRI 3-3]
Danamon runs a recruitment process in accordance with legal standards and ethical principles to obtain high-
quality employees, which guarantee respect for the rights and dignity of each individual. Recruitment goes through a
comprehensive evaluation process to prevent forced labor practices and child labor. In addition, Danamon also runs
various training and socialization programs to increase employee and management awareness and understanding of
these principles. [POJK F.19] [IDX S-10] [GRI 2-24]
Danamon’s 2024 employee Code of Conduct document contains a statement that Danamon prohibits all forms of
sexual harassment. Danamon has also settled with the Workers’ Union on the Collective Labor Agreement that any
worker proven to have committed immoral acts or sexual harassment in the workplace will receive a termination
penalty. [IDX S-08]
As part of its commitment to employee welfare, Danamon also respects their right to form unions. Danamon has three
labor unions: Serikat Pekerja Danamon, Ikatan Karyawan Danamon, Union of Danamoners which play an important
role in creating harmonious employee-Bank industrial relations.
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Danamon Workers’ Union [GRI 2-30]
Number of Members
Name of Union Date of Establishment
as of December 31, 2024
Serikat Pekerja Danamon 14 March 2005 3,348 employees
Ikatan Karyawan Danamon 9 March 2018 323 employees
Union of Danamoners 11 September 2024 789 employees
Danamon maintains a good and beneficial relationship with all employees, embodied in the Collective Labor Agreement
(CLA). This agreement, which is subject to biannual review and renewal, was most recently updated in 2024 for the
period spanning 1 August 2024 to 31 July 2026. The CLA is inclusive, applying to all employees at Danamon.
TRAINING AND EDUCATION [POJK F.22] [GRI 3-3]
Danamon places employee competency development as an important investment, consistent with the Company’s
strategic focus on people, digital, and branding aspects. Danamon designs all the training and development programs
it runs in accordance with Human Resources Policy. The Human Capital Directorate adjusts these programs to
accommodate the needs of each employee while supporting the improvement of their leadership skills.
The Learning, Engagement, and Corporate University Division is responsible for designing training strategies for
employees. Training is one of obligatory yearly KPI to improve their personal skills and abilities.
All training programs are carried out routinely to ensure that employee skills remain relevant to Danamon’s needs.
Evaluation of the effectiveness of training programs is measured by determining Key Performance Indicators (KPIs).
Further description of employee development programs can be found in the section on Training and Competency
Development on page 277 of this Report.
Employee Training* [GRI 404-1] [IDX S-05]
Description Nominal 2024 2023 2022
Training Programs Programs 700 892 971
Training Participants People 106,027 123,443 142,349
Average Training Hours Hours 40.76 52.86 26.60
Training Investment Rp Billion 91.9 90.6 101.1
Average Investment per Employee Rp Million 0.95 0.73 0.71
Note:
Data only includes Danamon
DANAMON BANKERS TRAINEE PROGRAM [IDX S-05] [GRI 404-2]
To cultivate future leaders, Danamon organizes the Danamon Bankers Trainee (DBT) program. This initiative aims
to recruit top-performing graduates from undergraduate and master’s programs, equipping them with the essential
skills and competencies to excel as future leaders.
In 2024, the DBT program was delivered in four batches, engaging a total of 105 participants. Over the course of one
year, participants underwent an intensive learning journey designed to enhance their qualifications, covering diverse
topics ranging from Banking fundamentals to leadership development.
PERFORMANCE ASSESSMENT [GRI 404-2]
Danamon’s employee performance assessment mechanism consists of a series of processes, from Objective Setting,
Mid-year Review, to End-year Review. Throughout these stages, the Work Unit Leaders (PUK) routinely conduct
coaching, tracking, and development for employees to motivate employees to optimize their potential and achieve
the best performance.
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In 2024, Danamon continued to implement a High- RETIREMENT PROGRAM [GRI 404-2]
Performance Culture as part of the Bank’s DNA by Danamon provides a preretirement program that
encouraging innovation, improving service for internal includes training and provision, such as financial
customers, creating an inclusive work environment, and management, exploring business opportunities after
providing appreciation to employees in implementing retirement, and maintaining health. By the end of 2024,
BISA Values. 237 employees had participated in this program.
One form of commitment to an inclusive work DIVERSITY, EQUITY, AND INCLUSION
environment is the application of the principle of Danamon always strives to create an inclusive and fair
gender equality in performance assessments. In 2024, work environment in accordance with the established
54% of 828 employees who received promotions, or Sustainability Policy. Danamon believes accommodating
443 employees, were women. This reflects Danamon’s diverse backgrounds and individual competencies helps
commitment to building an inclusive work culture with a Danamon to get more useful ideas and perspectives to
focus on gender equality and women’s empowerment. improve business performance. Therefore, Danamon
provides equal employment opportunities for every
REMUNERATION employee regardless of gender, ethnicity, or other
Danamon’s remuneration strategy is designed to indicators of diversity. [POJK F.18] [GRI 3-3] [IDX S-01]
motivate, and retain top talent, irrespective of gender,
race, age, disability, or other non-performance-related
factors. Remuneration are set following the Operational DIVERSITY OF THE BOARD OF
Terms of Reference guidelines, which define minimum COMMISSIONERS, DIRECTORS AND
wages based on city where employees work. Minimum EMPLOYEES [GRI 405-1]
wages are regularly updated to align with the prevailing
labor regulation. Board of Commisioners Diversity
17%
Danamon ensures that all permanent employees
are paid above the Provincial Minimum Wage (UMP)
and Provincial Sectoral Minimum Wage (UMSP), in
compliance with regulations. The Bank applies an
applicable local minimum wage. Additionally, the Bank
Male
recognizes exceptional achievements with bonuses and 2024 Female
incentives. [POJK F.20]
There is no difference in the basic salary and
remuneration ratio between female and male employees.
The ratio of basic salary and remuneration between 83%
genders is 1:1, reflecting Danamon’s commitment
to providing equal rewards based on competence,
Board of Directors Diversity
responsibility, and contribution, regardless of gender.
This policy aligns with Danamon’s values that support 11%
equality and inclusiveness in the workplace. [POJK F.20]
[GRI 405-2]
In line with Indonesian law, Danamon provides worker
protection programs, provides worker protection Male
2024
programs, including BPJS Kesehatan and BPJS Female
Ketenagakerjaan. The latter includes retirement,
occupational accident, and death insurance.
89%
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Employee Diversity
EMPLOYEE HEALTH PROGRAM
32% Danamon provides health benefits to all employees
through the BPJS Kesehatan and Health Insurance
programs in accordance with the Human Capital Policy.
This benefit facilitates employees in accessing health
services at various hospitals, clinics, and other health
Male facilities. Danamon employees who are over 40 years
2024 Female old are given free medical check-up facilities once
a year.
HUMAN RIGHTS IMPLEMENTATION [GRI 303] [IDX
68%
S-07] [IDX S-09]
Danamon, in line with MUFG policy, is committed
A HEALTHY, DECENT, AND SAFE WORK to respecting human rights in accordance with the
ENVIRONMENT [POJK F.21] [IDX S-11] Universal Declaration of Human Rights and related
Danamon implements an Occupational Safety and international covenants. The implementation of respect
Health Management System (OSHMS) in line with PP for human rights is stipulated in the Code of Conduct
No. 50 of 2012 to ensure the implementation of best which includes; freedom of association and participation
practices related to Occupational Health and Safety in organizations; prohibition of all forms of harassment,
(OHS) for all employees. OHS management is a shared slander, assault, persecution, and threats; and in the
responsibility between the Human Capital Shared implementation of human resources policies including;
Services (HCSS) Division, CREM, and Health, Safety legal protection of employees and wages. There were
and Environment (HSE). In addition, the above work no cases of human rights violations that occurred within
units are also responsible for providing adequate OHS Bank Danamon throughout the reporting period.
facilities and infrastructure, implementing mitigation
of occupational diseases, implementing mitigation Criteria related to human rights is one of the social
of disaster or pandemic risks, increasing employee aspect assessments in the implementation of the TKBI
awareness of work safety, and handling work incidents. Pilot Project, following the direction of the Regulator.
Every employee bears the responsibility to maintain
a safe, healthy, and responsible work environment,
and is required to report incidents that occur. To
strengthen OHS awareness, Danamon utilizes various
communication platforms, including e-mail, WhatsApp,
Telegram App, e-learning, and seminars or webinars.
In terms of competency improvement, employees
from the HSE and BCM Divisions receive special
training with General OHS Expert certification, while all
employees receive training and socialization regarding
OHS periodically. Danamon also appoints HSE Officers
at each level of the organization who are tasked with
overseeing the implementation of OHS in their teams.
During the reporting period, there were no occupational
related incident. [IDX S-06]
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DAYATARA: Danamon’s Initiative to
Support Equality and Inclusion for People
with Disabilities
The lack of inclusion in the workplace, especially for people with disabilities,
remains a significant challenge in Indonesia. Some of the main obstacles
faced by people with disabilities in achieving economic and social self-
Number of People With reliance include access to education, training, and the availability of decent
Disabilities Who Have jobs. Based on data from the Decent Work Indicator in Indonesia 2022
Obtained Employment published by the Central Statistics Agency (BPS), only 3.13% or around 7.8
Opportunities million of the total 22.97 million people with disabilities in Indonesia have
had the opportunity to work.
in Indonesia
7.8 million
people (3.13%) As an effort to address this issue, Danamon launched the Danamon
have obtained Berdaya Mengusung Kesetaraan (DAYATARA) program in early October
employment
opportunities 2024. This program is designed to build a diverse, equitable and inclusive
work environment at Danamon. To achieve this, first initiative implemented
is providing internship opportunities for people with disabilities, both at the
22.97 million head office and at Danamon branch offices in various cities in Indonesia.
people have
not obtained
employment By providing opportunities for individuals with disabilities, Danamon opens
opportunities
the door to new collaborations that may have not been encountered before.
These partnerships bring fresh perspectives and innovative ideas that
enrich our work environment and enhance our collective growth.
The name DAYATARA is the result of an internal competition involving
employees, where all employees were given the opportunity to propose
creative ideas related to the name of this inclusion and diversity program.
To support the success of the program, Danamon has partnered with Setara
Berdaya Inklusif (Alun Jiva) in implementing workshops and onboarding
programs, with the aim of preparing Danamon employees as mentors and
buddies who can optimally assist interns.
The DAYATARA Internship program will take six months; it has started since
October 1, 2024, and will end on March 31, 2025. This initiative is expected
to not only strengthen inclusion in Danamon’s work environment but also
inspire other companies to create a more inclusive work environment in the
future.
496 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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PRODUCT INNOVATION
AND DEVELOPMENT [POJK F.26]
Through 863 branches across Indonesia, Danamon encompasses a risk review, an assessment of ESG
serves a wide range of financial products and services, aspects, and ensuring user security to prevent the
from savings, working capital loans, and investments customers from having potential losses. In addition, the
for corporations, investment and treasury services, review process for new products and services must
e-banking, credit cards, bancassurance, mortgages, first obtain the regulator’s approval and fulfill reporting
motor vehicle loans, unsecured loans, trade finance, obligations. Danamon’s product and service security
cash management, and Sharia financial products policy guidelines include:
through a number of segments, such as Consumer,
SME, and Enterprise Banking-Financial Institutions 1. M.006-DIR dated 31 October 2024 regarding
(EBFI). Danamon is committed to providing equal Assessment Mechanism of Risk Exposure Increase
services to customers; and prioritizing convenience in Materiality from Bank Product Development;
transactions and transparent communication to keep 2. Product Program Standard (Non-Credit) No. 2.6.0.0/
the trust of its loyal customers. [POJK F.17] RM/ORM/2/2023;
3. Credit Product Program and Guidelines Standard
IMPACT OF FINANCIAL SERVICES [POJK F.23] Number: 2.2.0.0/RM/CERM/2/2024;
[POJK F.28] 4. Marketing Program Memorandum No. 2.5.37.0/RM/
The presence of various financial services also has a ORM/3/2024;
positive impact on national development. Danamon 5. Digital Partnership Framework No. 2.2.14.0/GAS/
supports development initiatives that can support GCO/3/2024.
economic growth and community welfare through
financing services. In addition, through environmentally Danamon can confirm that all (100%) of its new
friendly financing, Danamon supports sustainable financial products and services align with all regulatory
development through financing for environmentally provisions and have received approval from regulators.
friendly projects that address the issues of climate [POJK F.27]
change.
ESG-ORIENTED FINANCIAL PRODUCTS AND
With technological advancement and system SERVICES [POJK C.4]
digitalization, the public now feels how easy it is to In addition to developing sustainable financial credit in
access Danamon’s financial services. Daily transactions accordance with regulations, Danamon provides ESG-
have become much more efficient, and Banking services oriented financial products and services for various
are completed much faster. However, technological customer segments, namely:
advancements bring various challenges for Danamon
to face, especially in terms of ensuring customer data • Sustainability-Linked Loan
security. Danamon’s approach to maintaining data Danamon was one of the 12 lenders that signed the
confidentiality and preventing cybercrime is available Sustainability Linked Loan (SLL) Syndicated Credit
for reading on page in the Data Security of this report. Agreement with PT Semen Indonesia (Persero)
Tbk (SIG) and its business unit, PT Solusi Bangun
PRODUCT DEVELOPMENT [GRI 3-3] Indonesia Tbk (SBI) since 2022. SLL is one of the
The quality of products and services is important programs that can improve the ESG rating and bring
forDanamon’s operations since it has direct impacts on debtor companies back to the IDX ESG Leader
customer trust and the Bank’s reputation. Danamon has Index while enhancing investor confidence. Under
in place a series of internal policies and guidelines that this agreement, SIG obtain a credit of Rp4.15 trillion,
spell out how to develop Banking products and services. while SBI will obtain a credit of Rp2.74 trillion.
Prior to launching a new product or service, Danamon
carries out a comprehensive evaluation process, which
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• Insurtech Financing • Laku Pandai [SASB FN-CB-240a.3]
Danamon, in collaboration with MUFG Innovation Laku Pandai is a financial inclusion program initiated
Partners Co. Ltd (MUIP), has formed a strategic by OJK that is aimed at offering IT-backed financial
partnership to strengthen financial inclusion in services through collaboration with Bank agents.
Indonesia through an investment in Qoala, a startup
Company in the insurance technology sector. This Until the end of 2024, Laku Pandai program has
investment is made through the MUFG Innovation involved 2,207 customers with total funds collected
Garuda No. 1 Limited Investment Partnership, amounting to IDR99.7 million. This program involves
or MUIP Garuda Fund, a joint initiative between 35 agents, consisting of 33 individual agents and
MUFG, MUIP, and Danamon, with a total allocation two legal entity agents.
of US$100 million to invest in Indonesian startups
during the period 2023–2028. Laku Pandai service uses a Unstructured
Supplementary Service Data (USSD) connection
The investment provided by Danamon and MUIP facility which due to a strategic decision from the
to Qoala is driven by a shared vision and mission Danamon was discontinued because it was deemed
to promote financial inclusion for the people of technologically inadequate. Therefore, Danamon
Indonesia. Qoala, as an insurtech Company, offers carried out an evaluation for one year to find a
easily accessible insurance solutions through solution for the benefit of customers. By terminating
an integrated digital platform, machine learning the USSD connection, Laku Pandai will automatically
technology, and innovative digital workflows. stop.
This investment aligns with Danamon’s commitment Danamon remains committed to provide Laku Pandai
to growing alongside its customers and partners and alternative choices for Customers and Agents with
supporting them at every stage of life with relevant D-Wallet which is a Danamon e-wallet application.
financial solutions. D-Wallet provides ease for customers to carry
out various transactions ranging from payments,
• Sharia Social Financing purchases and QRIS.
Through its Sharia Business Unit, Danamon has
signed a Sustainable Sharia Social Financing (PSSB) • ESG-Based Investment Products
agreement with PT Permodalan Nasional Madani Danamon offers ESG-based investment products
(PNM) and MUFG Bank. This is the first PSSB with that can diversify their portfolio, which include:
woman empowerment in Indonesia and has a value 1. BNP Paribas SRI - Kehati;
of IDR500 billion, based on a Social Loan Financing 2. Eastspring IDX ESG Leaders Plus;
Framework verified by an internationally-acclaimed 3. BRI MSCI Indonesia ESG Screened Class A.
Second Party Opinion.
Bank’s customers can access these investment
The funds will be used to finance working capital products through the D-Bank PRO application.
for ultra-micro funding through the PNM program, Danamon also offers Wealth Advisory services
Fostering a Prosperous Family Economy (Mekaar), in that let customers get more in-depth investment
accordance with the principles and requirements set guidance.
out in the Social Financing Framework. Mekaar is a
capital loan service for empowering underprivileged
women who are ultra-micro entrepreneurs.
This financing initiative reflects Danamon’s
commitment to supporting the Sustainable
Development Goals, especially to eradicate poverty,
create decent work and economic growth, and
reduce inequality.
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DIGITAL PRODUCT AND SERVICE 8. Mutual Fund Online
DEVELOPMENT Facilitates customers in purchasing various mutual
Digital products and services have helped reduce our fund products, including Asset Classes such as
carbon footprint by minimizing the use of paper and the Money Market, Fixed Income, Balanced, and Equity
need for customers to visit branches. In 2024, Danamon in IDR and USD. Customers can also view their
launched several digital products and services, portfolio and purchase history on D-Bank PRO.
including:
9. Travel Insurance
1. Virtual Debit Card Creation Customers can purchase travel insurance via
A feature to accommodate customer requests for D-Bank PRO, providing protection against various
replacing expired virtual debit cards or adding new travel risks both domestically and internationally.
virtual debit cards with the Mastercard logo.
10. Account Opening via Mobile Banking
2. Money Collection Feature with BI FAST API (Bank New customers can open accounts through the
Indonesia Fast Payment Application Programming mobile banking app.
Interface)
A collection service initiated by the Collecting 11. Physical Debit Card Request
Customer to the Debtor Customer and/or the Debtor A process to accommodate customer requests for
Party to pay a specific amount from the Source replacing expired physical debit cards or adding
Account, which can be approved/denied by the new physical debit cards with the Mastercard or
Debtor Customer and/or Debtor Party. Payments GPN logo.
are made through BI-FAST MT STP (Money Transfer
Straight Through Process). 12. Liveness-Face Recognition
Facilitates new customers to register through a face
3. Digital Teller verification process to detect the authenticity of the
A new machine where customers can make deposits customer’s face and verify the customer’s identity.
and cash withdrawals in a teller-like capacity.
13. Danamon More Pro Account Creation for New-to-
4. QRIS with Credit Cards as a Source of Funds Bank at D-Bank PRO
Customers can choose a credit card as a source of For new customers who do not have a CIF at
funds to conduct transactions using QRIS. Danamon, they can open a Danamon LEBIH PRO
account to conduct foreign exchange transactions.
5. D-Wallet Replatform
An update to the D-Wallet application, making it WITHDRAWN PRODUCTS AND SERVICES
easier for customers to enjoy a variety of financial, [POJK F.29]
non-financial, and partnership-related features. In order to improve customer service, Danamon
discontinued D-Bank Registration and recommended
6. Cash Withdrawal at Other Bank ATMs customers to switch to D-Bank PRO. Currently, the Bank
A feature that allows customers to make cash continues to develop the D-Bank PRO service which is a
withdrawal transactions at other Bank ATMs after digital service of Danamon and offers convenience and
making a reservation through the D-Bank PRO integration of various customer needs.
application.
This is in line with the Bank’s strategy to merge the
7. BPJS Employment Payment Bank’s services into one application, the D-Bank
A feature that provides ease for workers and PRO application. This merger aims to increase the
employers to access employment social security effectiveness and convenience of customers in
services via D-Bank PRO. conducting transactions after opening an account, as
well as strengthening the Bank’s brand awareness.
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DIGITAL SERVICES STRENGTHENING GOVERNANCE AND
Danamon has been consistent in improving its digital OPERATION MODEL
Banking application. The D-Bank PRO application now Danamon is enhancing its project management
comes with features and services for credit cards processes through regular reviews and updates to its
and personal loans, foreign exchange transactions, prioritization framework. Project Development Life
e-money top-ups, personal data updates, and biller Cycle (PDLC) SOP has also been established to better
option expansion. To improve transaction security, govern project management. This ensures that projects
Danamon has adopted a Fraud Monitoring System that are completed efficiently and on schedule.
can detect potential fraud.
Furthermore, the Bank encourages digital product
In 2024, Danamon continuously made improvements to development. This agile culture is supported using
the D-Bank PRO application, including: automated tools, which streamline the integration and
• Online mutual funds transactions; deployment phases, facilitating a more dynamic and
• Simplified customer onboarding process; responsive work environment.
• BPJS-TK subscription fee payment;
• Money transfer with credit card as source of fund; DATA SECURITY [GRI 3-3]
• Virtual debit card creation. Customer data leakages are negative impacts that may
occur alongside the increasing number of digitalization
DIGITAL INFRASTRUCTURE ENHANCEMENT initiatives due to technological advancements. Danamon
In 2024, Danamon gathered from internal suggestions is committed to protecting the data of its customers,
and customer feedback to enhance our digital business partners, and employees by implementing
infrastructures. The changes we made throughout the strict data security standards and utilizing the latest
year are as follow: technology.
1. Infrastructure and Data Enhancements
Enhancing infrastructure and optimizing data are CUSTOMER DATA SECURITY [SASB FN-CB-230a.2]
crucial steps to ensuring operational efficiency and Danamon utilizes technology by implementing system
system resilience. Some of the initiatives undertaken security standards to create a more effective and
by Danamon include: efficient business. People can now utilize safe, practical
a. The relocation of data center to the premises of and quick financial services wherever they are through
a provider that has adequate certifications; the D-Bank PRO digital application.
b. Machine learning adoption in IT service
monitoring. Despite this, the use of technology in Banking operations
is not without the risk of customer personal data
2. Cyber Security & Regulatory Compliance breaches. Securing Personal Data is one of Danamon’s
As cyber threats grow more complex and main focuses when running a business. Danamon will
regulations in the financial sector become more continue to strive better implementation of Personal
stringent, strengthening cybersecurity and ensuring Data protection measures from time to time by also
regulatory compliance have become top priorities. taking into account the standard practices prevailing in
Some of the strategic measures implemented by similar industries.
Danamon include:
a. Vulnerabilities early detection (Advance Threat Danamon also regularly educates all its employees
Protection); to ensure a comprehensive understanding of the
b. User behaviour analysis; importance of information security. This education is
c. End-point protection tool; conducted through various methods, including e-mail
d. ISO 27001 certification in the Application broadcasts, social media broadcasts, simulations,
Development and Operations of D-Bank Pro and training sessions, and e-learning. The use of technology
Danamon Cash Connect (DCC). to support Danamon’s operations is ensured to be
compliant with the following regulations:
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1. POJK No. 11/POJK.03/2022 concerning the Implementation of Information Technology by Commercial Banks;
2. SEOJK No. 29/SEOJK.03/2022 concerning Cyber Resilience and Security for Commercial Banks;
3. Law No. 27 of 2022 concerning Protection of Personal Data;
4. Law No. 11 of 2008 concerning Electronic Information and Transactions and Law No. 19 of 2016 concerning
Amendments to Law Number 11 of 2008 concerning Electronic Information and Transactions;
5. Regulation of the Minister of Communication and Information No. 20/2016 concerning Protection of Personal Data
in Electronic Systems;
6. ISO 27001:2022 concerning Information Security Management Systems;
7. Internal Danamon Cyber Risk Management Policy.
Danamon has a working unit responsible for ensuring information security in all of the Bank’s business processes.
The IT Cybersecurity Division under the Information Technology (IT) Directorate is responsible for setting
cybersecurity standards and monitoring and is independent of the IT management function. In addition, the Information
Risk Management Division under the Risk Management Directorate is responsible for developing information
technology and cyber risk management policies, while the Operational Risk Management Division develops policies
for operational risks.
Oversight over compliance with regulatory requirements related to data security is exercised by the Compliance
Division. Furthermore, the Internal Audit Working Unit (IAU) Division is responsible for conducting independent
assessment on the implementation of regulation regarding data security.
The following are the steps taken by Danamon to ensure customer data security:
Taking security measures for work equipment, including
employee computers, such as restrictions on removable
storage and hard disk encryption, blocking USB ports on
employee computers.
Implement adequate data security systems and
technologies such as firewalls, antivirus, anti-malware, data
encryption systems, and network, endpoint, and application
security devices.
Restrict access to external e-mails and illegal and malicious
internet websites and use Data Loss Prevention (DLP)
procedures with warning and approval systems for
Data Security Initiatives unauthorized e-mail data transmissions.
Developing Danamon Information Security strategy to
ensure compliance of all business initiatives and processes
with customer data protection standards, cyber security, Implement Role-based Access Control of limited data with
and Banking regulations, while keeping the confidentiality, the lowest privilege to prevent unauthorized access to
integrity, and availability of information, i.e., cyber risk systems, functions, or data and data information.
management policy development that covers data protection
aspects.
Implementing risk management for third parties in
Identifying data security risks, including the use of cooperation/outsourcing/ partnership activities in
information asset risk registers, knowing the types of data connection with the management of customer data owned
assets/information, data security processes, and ensuring by the bank by third parties.
that data is properly controlled.
Develop a strong information security risk culture among
Danamon employees through relevant training that covers
an understanding of the importance of information security,
information security policies and procedures, and how to
protect customer data and information.
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Danamon realizes that various data security threat trends such as data leakage and malware can occur. Danamon
mitigates these threats by ensuring data shared with external parties is secure, ensuring malware does not disrupt
Bank operations, and using antivirus and firewalls. In addition, Danamon has a Computer Security Incident Response
Team (CSIRT) to detect, respond and recover responsively from cyber threats.
MECHANISM FOR COMPLAINT ON DATA BREACH
To anticipate data leak incidents, Danamon has a reporting mechanism both from the Company’s internal side and
customers. Internal reporting can be done through the IT Helpdesk or Security Operations Center while for customers
through Hello Danamon. The report will be followed up by the relevant section and involve the IT Cybersecurity team
if it is related to the system.
The internal reporting mechanism is communicated to all employees via e-mail broadcast, while for customers via
available communication media such as e-mail or WhatsApp broadcast.
Danamon is open to and values feedback and complaints from customers, the community, and other
stakeholders. For issues concerning customer data security, grievances can be delivered through Hello Danamon or
at any branch office.
In 2024, Danamon did not received complaints regarding customer privacy/customer data. [SASB FN-CB-230a.1]
[GRI 418-1]
CUSTOMER SATISFACTION [POJK F.30]
To evaluate the quality of services provided, Danamon conducts a customer satisfaction survey using the Customer
Engagement Survey and Net Promoter Score (NPS) methods.
The survey results serve as a key benchmark for evaluating the Bank’s service quality across various touchpoints
and for comparing Danamon’s performance with other Banks. This year’s findings highlighted the CE Score of
Danamon improves compared to previous year. Aspects of Main Bank and Net Promoter Score performs better for
this year. Attributes that significantly improved on this year are “Keeping Promise”, “Service According to Needs” and
“Danamon Become Main Bank for Customer”.
The Customer Engagement Survey measures several aspects of Bank service, assigning a Customer Engagement
Score (CE Score) on a scale from 1 (extremely dissatisfied) to 5 (extremely satisfied). In 2024, Danamon’s Customer
Engagement Survey scored 4.24, Increase compared to the previous year. The Net Promoter Score (NPS), which
indicates the likelihood of customers recommending Danamon, scored increase from 35% to 42% which showing
20% improvement from the previous year. This increase not only occurs in Branch but also from Danamon Digital
Services.
Customer Engagement Scale 1-5 Net Promoter Score Scale -100 until 100
Survey Score
0 5 10 0 50 100
2024 4.24 2024 42
2023 4.11 2023 35
2022 4.14 2022 31
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SUSTAINABILITY REPORT PROFILE
Danamon’s Sustainability Report 2024 presents As a financial services Company committed to
comprehensive information on the Company’s sustainability, this report is prepared with reference
sustainability policies, initiatives, and performance for to the Global Reporting Initiative (GRI) Standards 2021
the January 1 to 31 December 2024 period. As a form issued by the Global Sustainability Standards Board
of transparency commitment, this report is published (GSSB) and the Sustainability Accounting Standards
annually, with this 2024 report it’s the 6th report Board (SASB) for the Commercial Bank sector, to ensure
published. The previous report was published on 28th this report refers to global standards. [GRI 2-2] [GRI 2-4]
February 2024. [GRI 2-3]
Through this report, Danamon seeks to provide a
Financial data presented in this report, including financial transparent and accountable picture to all stakeholders
performance and total headcount, is consolidated data about the Company’s increasingly active role in
that includes ADMF as a subsidiary. There are several supporting sustainability and creating long-term value.
restatements in this report, namely related to financial There were no significant changes to Danamon’s
and environmental performance. The report has been business throughout 2024. [POJK C.6]
prepared in accordance with the Financial Services
Authority Regulation (POJK) No. 51/POJK.03/2017 Danamon appreciates any criticism and suggestions
concerning the Implementation of Sustainable Finance submitted by stakeholders on the published
and OJK Circular Letter (SEOJK) No. 16/SEOJK.04/2021 sustainability report. All feedback received will be
concerning the Form and Content of Annual Reports of used as evaluation material to improve the report in the
Issuers or Public Companies. following year. Danamon does not accept any responses
to the previous year’s report. [POJK G.3]
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INDEPENDENT SUSTAINABILITY
REPORT VERIFICATION
Danamon is committed to presenting a high-quality and verification process on Sustainability Report. Decar
accurate Sustainability Report, as a form of transparency Verite Asia has no involvement in the preparation of
and responsibility to all stakeholders. To ensure the this report nor does it have conflict of interest during
quality of the report, Danamon’s internal team has the verification process. The external verification
run a process of reviewing and verifying under direct process was run based on the AA1000 statement
oversight of the Board of Directors. The entire process Standard (AA1000AS) V3 type 1, with a guarantee level
includes strict and comprehensive stages, from data of moderate in accordance with the Accountability
collection and analysis to report preparation. [GRI 2-14] Principle. [GRI 2-5]
As a step to improve the credibility of the report, the More detailed information about the results and methods
Bank’s financial statements have been audited by used of the external verification process is available in
Liana Ramon Xenia & Partners Public Accountant. In the independent external assurance statement available
addition, Danamon has appointed Decar Verite Asia on page 542 of this Report.
as an independent third party, to conduct the external
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CORPORATE
DATA
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PRODUCTS AND SERVICES
CONSUMER BANKING DANAMON SAVE TABUNGAN CITA2KU
Danamon Save provides you with An installment savings product
DANAMON LEBIH PRO digital savings suitable for fulfilling with attractive interest rates to
Danamon LEBIH PRO is a unique all your digital transaction needs make all your dreams come true.
savings product designed to with the following advantages: Deposit start at IDR 200,000 per
meet the needs of transactions in • No Administration Fees. month, with flexible period starting
foreign currencies. Here are some • No Cash Withdrawal Fees at from 1 to 15 years.
advantages of the Danamon LEBIH Various Domestic ATMs for up
PRO Savings Account: to 20 times per month. DANAMON TIME DEPOSIT
• 9 currencies in 1 account, • No Transfer Fees via BI-FAST A product with placement of funds
consisting of IDR, USD, AUD, through D-Bank PRO for up to that offer competitive interest rate,
SGD, JPY, CNY, EUR, GBP, NZD. 20 times per month. flexibility of tenor and multiple
• Competitive foreign exchange • 5% cashback per month up choice of currencies.
rates, with a 5x difference to IDR 100,000 for shopping
guarantee if a more competitive transactions on online
rate is found. e-commerce using the WEALTH MANAGEMENT
• Ease and benefits of transacting Danamon Debit/ATM Card. We provide a wide selection of
abroad with the Danamon LEBIH • QRIS cashback at various investment products according to
PRO Debit Card: favorite merchants. customer needs, which include:
o No conversion fees.
o Auto switching currency. FLEXIMAX MUTUAL FUND
o 5% cashback per month for Premium savings product with Choice of various Mutual Fund
every transaction. several benefits, such as: products (including equity, fixed
o Savings on cash withdrawal • Attractive interest rates. income, balanced, money market,
fees at Mastercard/Cirrus/ • No RTGS/SKN/Clearing transfer and protected) in Rupiah & USD
Maestro network ATMs. fees. denominations covering various
• Ease and benefits of transacting • No transfer fees to other Banks markets and sectors from all over
domestically with the Danamon via BI-FAST. the world, with support from 9
LEBIH PRO Debit Card: • No domestic cash withdrawal leading Investment Manager
o 5% cashback per month for fees at ATM of other Banks business partners who have long
transactions at Gas Stations in ALTO/Prima/ATM Bersama experience running business in
& Supermarket/Minimarket. network ATMs. Indonesia.
o 99 times no admin fees per • No overseas cash withdrawals - PT Schroder Investment
month for transfers via BI- fees in Mastercard/Cirrus/ Management Indonesia.
FAST through D-Bank PRO Maestro network ATMs. - PT BNP Paribas Investment
and cash withdrawals at Partners.
ALTO/Prima/ATM Bersama TABUNGAN DANAMONADIRA - PT Manulife Asset Management
network ATMs. Tabungan DanamonAdira is a Indonesia.
savings account specifically - PT BRI Investment Management.
designed for customers who - PT Batavia Prosperindo Asset
open an account through Management.
PT Adira Dinamika Multi Finance - PT Bahana TCW Investment
Tbk (“ADMF”) when they apply for Management.
ADMF credit facilities, featuring a - PT Ashmore Asset Management
special autodebit for Adira financing Indonesia Tbk.
that is activated immediately. - PT Eastspring Investments
Indonesia.
- PT Sucorinvest Asset
Management).
506 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Apart from that, Danamon also STRUCTURED PRODUCT DANAMON MASTERCARD
have several choices of ETF Mutual Investment in Rupiah and foreign PLATINUM CREDIT CARD
Fund products in collaboration currencies that are combination Now, make #WacanaJadiNyata
with PT Indo Premier Investment of derivative and non-derivative easier for the whole family! With
Management as Investment instruments, offering potentially Danamon Mastercard Platinum
Manager and Indo Premier higher return compared to Credit Card, various personal needs
Sekuritas as Dealer Participant. conventional time deposit. can be fulfilled more practically
Structured Products can serve and economically. Get 1 D-Point
BONDS as an alternative investment for reward for every transaction worth
• Indonesia Government investors with short to medium Rp2,500, 5% cashback for bill
Bonds denominated in investment horizon. Currently, payments up to Rp100,000 and
Indonesia Rupiah and US PT Bank Danamon Indonesia Tbk easy transactions through QRIS.
Dollars are debt securities offers 2 (two) Structured Products:
issued by the Government Market Linked Deposit (MLD) and DANAMON JCB PRECIOUS
of Republic Indonesia based Dual Currency Investment (DCI). CREDIT CARD
on conventional principles Danamon JCB Precious Credit Card
(Surat Utang Negara) or Sharia is designed for travel enthusiasts
principles (Surat Berharga DANAMON CARDS seeking exclusive privileges. Enjoy
Syariah Negara), with fixed Danamon credit, charge, and 10% cashback up to Rp200,000
or floating coupons/income payment cards offer seamless every month for retail transactions
distribution and a various transactions and designed to on weekends, get 1 D-Point for
tenors. complement your lifestyle. every transaction of Rp2,500 and
• Corporate Bond Products in enjoy exciting promos that you and
Rupiah denomination are debt DANAMON GRAB CREDIT CARD your family can enjoy.
securities issued by companies Danamon Grab Credit Card is
(state-owned enterprises/ designed to empower Indonesia’s DANAMON MASTERCARD®
private) with fixed coupon and young generation with smart WORLD CREDIT CARD
a various tenors. financial solutions. For every IDR This premium card is designed
2,500 spent on the Grab app, to complement your modern
FOREIGN EXCHANGE cardholders earn 5 D-Points, lifestyle with exclusive benefits
A foreign exchange transaction redeemable for exciting rewards, and privileges. Earn rewards
services with agreed rate by both including shopping vouchers, faster with 3 D-Points for every
parties on the transaction date. airline miles and various other IDR 2,500 spent and redeemable
Since 2022, Danamon launched FX redemption options. Additionally, for a variety of exciting rewards.
Online Feature in D-Bank PRO with the card offers a flexible installment Enjoy complimentary access to
competitive live rates in trading program of up to 36 months, making airport lounges in major cities
hours. This feature provides transactions more manageable and across Indonesia, along with
convenience for customers to convenient. exclusive offers at select hotels
fulfill their forex transaction needs and restaurants, making every
directly from the palm of their DANAMON VISA PLATINUM experience more rewarding.
hand. These forex products also CREDIT CARD
supported by ‘FX Direct Call’ Danamon Visa Platinum Credit Card DANAMON VISA INFINITE CREDIT
services which gives possibility for offers exclusive benefits tailored CARD
customers to do forex transactions for you and your family. Enjoy 10% This premium card offers exclusive
directly with the Treasury Team cashback up to Rp200,000 every privileges tailored for a refined
and ‘FX Leave Order’ services month for retail transactions on lifestyle. Earn rewards faster with 3
which gives customer a chance weekends, get 1 D-Point for every D-Points for every IDR 2,500 spent
to do forex transaction order transaction of Rp2,500 and enjoy and redeemable for a variety of
placement with agreed rate starting exciting promos that you and your exciting rewards. Enjoy unlimited
from market closing until market family can enjoy. access to airport lounges in major
opening on the next day. Indonesian cities, along with
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exclusive benefits at top hotels and Platinum Card Service, ensuring CONSUMER CREDIT
restaurants, ensuring a seamless seamless support for all your PRODUCTS
and rewarding experience lifestyle and financial needs.
wherever you go. MORTGAGE
DANAMON AMERICAN EXPRESS® Danamon Mortgage product
DANAMON WORLD ELITE™ GOLD BUSINESS CARD is a financing tool issued by
MASTERCARD® CREDIT CARD This Business Card is designed PT Bank Danamon Indonesia Tbk
This prestigious credit card is for individuals within the small- with property collateral. It has a
exclusively designed for premium to-medium business sector who minimum installment period of
customers seeking unforgettable require a reliable payment tool to 1 (one) year and a maximum of
experiences. Enjoy enhanced support their business operations. 30 (thirty) years. Interest rates
rewards, earning 12 D-Points for This card offers enhanced for Danamon Mortgage products
every IDR 2,500 spent overseas flexibility with two key features: consist of:
and 8 D-Points fordomestic Early Pay Cashback, which • Fixed tiers until the end of the
transactions-significantly rewards customers for making full Credit period (for certain loan
faster than standard credit payments, and Defer Pay Option, tenors).
cards. Cardholders also receive which provides tiered interest rates • Fixed for a certain period
complimentary access to airport based on balance of remaining and will be floating in period
lounges and select golf clubs payments. These features are thereafter.
across Indonesia, along with travel tailored to help businesses
insurance and purchase protection manage cash flow effectively Terms and interest rates may differ
for added peace of mind while while benefiting from a seamless according to the type of product
traveling and shopping. payment experience. and the financing objectives.
DANAMON AMERICAN EXPRESS® DANAMON AMERICAN EXPRESS® Danamon Mortgage is designed to
GOLD CARD CORPORATE CARD assist customers in financing the
Danamon American Express Gold This card is designed to provide purchase of houses, shop houses
Card offers seamless transactions efficiency and cost-saving and apartments. It also helps them
with exclusive privileges. Earn solutions for medium-sized and financing house/villas renovations
Membership Rewards® points and multinational companies, enabling and constructions through property
redeemable for a wide selection them to effectively manage their collateral, with various selection of
of flight, hotel, and shopping daily business expenses. products and characteristics.
vouchers, enhancing your lifestyle
with unparalleled convenience and DANAMON PAYLIGHT® CARD a. KPR Danamon
benefits. Danamon PayLight Card is a virtual This provides financing for
card designed to make shopping the purchase of houses/shop
PLATINUM CARD® DANAMON effortless and convenient for users, houses/offices, whether new
Platinum Card Danamon embodying the spirit of #AntiRibet or used, as well as for buildings
is exclusively designed for #JadiRingan (free of hassle and that are ready stock or are
distinguished individuals, offering unburdening). With the ability to indented. The maximum loan
unparalleled privileges and shop now and pay in installments, offered is Rp15 billion while the
personalized services. Enjoy 2 this card offers a 0% interest installment periods range from
Membership Rewards® Point for installment feature for up to 3 1 to 30 years*.
every IDR 2,500 spent worldwide, months. Users can set spending
flexible card limits tailored limits tailored to their needs and b. Kredit Pemilikan Apartemen
to your spending needs, and enjoy the flexibility of customizing (KPA)
comprehensive travel insurance the virtual card display according This product provides financing
coverage of up to IDR 5 billion for to their preferences. for the purchase of apartments/
you and your family. Experience SOHOs (Small Office
24/7 dedicated assistance through Home Offices)/Condotels/
a Relationship Manager or The
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Town House Strata Titles/ and 4-wheeled (car) vehicle PROTEKSI PRIMA AMANAH
Shop Houses Strata Titles/ financing to Danamon customers A sharia life insurance product
Condominiums, whether new with competitive interest rates. that provides Death Benefits, Total
or used, as well as buildings in It provides this service for both Permanent Disability Benefits, and
ready stock or indented. The passenger and commercial End of Membership Benefits. It
maximum loan offered is Rp15 vehicles, and has simple document offers a minimum of 100% of the
billion with installment periods requirements and comprehensive total premiums (contributions) that
ranging from 1 to 30 years*. insurance options. have been paid.
c. Kredit Perbaikan dan MULTI-PURPOSE LOAN (MPL) PROTEKSI PRIMA INVESTA
Pembangunan Rumah (KPPR) This Multi-Purpose Loan (MPL) is a OPTIMAL
These are loans granted cash loan product that is provided Unit link life insurance with a
for the purpose of building by pledging vehicle or motorcycle lump sum premium payment that
or renovating residential ownership documents. This provides investment benefits and
houses, shop-houses. The service is managed by PT Adira life protection at the same time.
maximum loan offered is Rp15 Dinamika Multi Finance, Tbk. and Key benefits include additional
billion with installment periods is offered to Danamon customers protection against inflation risks
ranging from 1-30 years*. with competitive interest rates, and investment benefits.
simple document requirements and
d. Kavling Siap Bangun (KSB) comprehensive insurance options. PROTEKSI PRIMA INVESTA
This service grants loans for the UTAMA
purpose of purchasing lots on BANCASSURANCE Unit link life insurance with regular
top of which residential houses premium payments which provides
will be built. KSB is only granted PRIMAJAGA several benefits; The benefits
for certain developer locations. This term life insurance product include investment benefits,
The maximum loan offered is provides protection against death death benefits due to illness, and
Rp15 billion with installment and disability risks through monthly death benefits due to accidents
periods ranging from 1 to 7 benefits (or as a substitute for amounting to 200% of the total
years*. family income). Customers get asset insured.
50% premium returns if no claims
e. Kredit Multi Guna (KMG) occur during the coverage period. PROTEKSI PRIMA
This service grants loans for PERLINDUNGAN UTAMA
obtaining cash funds wherein PRIMAJAGA 100 A unit-linked life insurance with
collateral is owned by the This term life insurance product periodic premium payments. It
debtor. The type of collateral provides protection against death provides optimal protection until
is homes, stores/offices or and disability risks through monthly the insured is 110 years old and
apartments. The maximum loan benefits (or as a substitute for comes with a variety of additional
offered is Rp8 billion and with family income). Customers get insurance options.
installment periods ranging premium refund according to the
from 1 to 10 years*. entry age level, if no claims occur PROTEKSI PRIMA RENCANA
*) Subject to change according to
during the coverage period. UTAMA
Danamon’s policy. Proteksi Prima Rencana Utama
PROTEKSI PRIMA MEDIKA is a unit-linked life insurance
KREDIT PEMILIKAN MOBIL/ Prima Medika Protection is an product done with regular
MOTOR (KPM) PRIMA insurance product with Hospital premium payments that offers
Kredit Pemilikan Mobil/Motor Treatment Benefits with premium comprehensive life protection. It
(KPM) Prima is a vehicle financing refund at the end of the contract targets middle and upper class
product managed by PT Adira if there are no claims for 5 (five) customers who need optimal
Dinamika Multi Finance, Tbk. that consecutive policy years. protection. It comes with an
offers 2-wheeled (motorcycle) investment element.
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PROTEKSI PRIMA PROTEKSI PRIMA SEHAT GLOBAL help companies/entrepreneurs to
PERLINDUNGAN UTAMA A health insurance product that be successful in their business, as
SYARIAH offers comprehensive protection it can boost employee loyalty and
Sharia-based unit link life for medical expenses within and productivity in the workplace.
insurance with regular premium beyond Indonesia (according to
payments that provides optimal individual billings). It comes with GROUP LIFE AND HEALTH
protection until the Insured is 110 optional benefits (i.e. Outpatient This Protection Program is aimed
years old, equipped with a variety Benefits, Dental Benefits and at Companies to provide their
of additional insurance options. Childbirth Benefits) and is also employees with a sense of security
marketed under a Family Plan in case unexpected risks occur,
PROTEKSI PRIMA EMAS PLUS option. such as health issues. This offer
Proteksi Prima Emas Plus is an works for both outpatients and
endowment insurance product PROTEKSI PRIMA KRITIS inpatients, as well as for mental
that provides guaranteed benefit ANDALAN healthcare services.
payments for retirement needs. It A health insurance product that
also offers transfers of wealth from provides coverage benefits for four ASURANSI KEBAKARAN
the age of maturity to the end-of- major critical end-stage illnesses An insurance product that provides
coverage period. (Cancer, Heart Attack, Stroke, compensation for your residence
or Kidney Failure) with a 100% and personal property in the event
PROTEKSI PRIMA PENDAPATAN premium refund. of loss or damage due to risks such
BERENCANA as fire, explosion, lightning, aircraft
A dual-purpose life insurance PROTEKSI PRIMA SIAGA collision, and smoke.
product with a coverage period of An insurance product that provides
20 (twenty) years. The premium death benefits, total permanent ASURANSI PROPERTI
payment period varies: premiums disability benefits, temporary Development of Fire Insurance
all at once or every 5 years. It disability benefits and end-of- products with extended coverage
provides coverage benefits in coverage benefits (customers get options for risks such as riots &
the form of annual cash payment a 50% premium return at the end of civil commotion, theft, landslides,
benefits starting from the 6th the 5th year). floods, earthquakes, volcanic
anniversary of the policy, death eruptions, and tsunamis. This
benefits and benefits at the end- PROTEKSI PRIMA HARAPAN insurance product also provides
of- coverage period. This is a Critical Illness Insurance protection for properties and their
product with two stages of contents (inventory) according to
PROTEKSI PRIMA WARISAN protection benefits against critical the occupation.
TERENCANA illness: Early Stage Critical Illness
Proteksi Prima Warisan Terencana Benefits and Late Stage Critical ASURANSI KENDARAAN
is a whole life insurance that offers Illness Benefits. BERMOTOR RODA 4 (AUTOCILLIN)
death benefits due to natural An insurance product that provides
causes and additional benefits for PENSION FUNDS OF FINANCIAL coverage for your car. The
death due to accidents and benefits INSTITUTION (DPLK) OF coverage provided by Autocillin Car
for the end of the coverage period. MANULIFE INDONESIA Insurance includes Comprehensive
This is a defined contribution and Total Loss Only guarantees,
PROTEKSI PRIMA MASA DEPAN pension fund program designed which can be extended to cover
This is a Dwi Guna insurance to provide employees/participants risks such as floods, earthquakes,
product for customers who want to with financial guarantees when civil commotion, legal liability
protect their family and children in they reach retirement age. This to third parties, and personal
the future by providing them with product can be used by employees accident coverage for drivers and
long-term protection benefits to as part of their companies or passengers. Currently, Autocillin
prepare them for future funds. as individuals. It’s a pension is equipped with the best features,
program that allows employees such as Emergency Roadside
to more easily be able to retire in Assistance, and service features
prosperity. The program can also like the Autocillin Mobile Claim
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Application and Autocillin Mobile during the construction period or PERSONAL ACCIDENT
Service, ensuring continuous installation phase. Additionally, INSURANCE
delivery of the best service with a it covers damage or loss of A product that provides protection
fast and easy process. machinery or electronic equipment if the insured dies or is permanently
under its responsibility. disabled due to an accident.
ASURANSI KENDARAAN
BERMOTOR RODA 2 (MOTOPRO) ASURANSI PERLINDUNGAN ASURANSI MIKRO TIPUS
An insurance product that provides UMKM (SME PACKAGES) A micro-health insurance product
coverage for your motorcycle This insurance provides protection that specifically protects customers
(“Insured”). Compensation is for businesses against asset loss, suffer from typhus. It provides daily
provided for total loss/damage or business interruption, customer care benefits of Rp500,000 per day
damage exceeding 75% (seventy- or visitors, and for owners and for up to 10 days when hospitalized.
five percent) of the motorcycle employees. Business protection
directly caused by fire or accidents is maximized with the extended ASURANSI MIKRO DEMAM
such as collisions, impacts, coverage options. It offers four BERDARAH
overturning, skidding, falling, extended coverage options (such Micro health insurance product that
malicious acts, theft, or other traffic as asset protection, business specifically protects customers
accidents, in accordance with the interruption, customer or visitor suffer from Dengue Fever with daily
Indonesian Standard Motor Vehicle protection, and owner and treatment benefits of Rp500,000
Insurance Policy (PSAKBI). employee protection). per day for up to 10 days when
hospitalized.
HEAVY EQUIPMENT INSURANCE ASURANSI PERJALANAN
This insurance provides protection (ZURICH TRAVEL INSURANCE) ASURANSI MIKRO DEMAM
for your Company’s heavy An insurance product that provides BERDARAH PLUS – DBANK PRO
equipment, such as tractors, protection against various Micro health insurance product
bulldozers, excavators and crane travel risks, both domestically that provides daily inpatient
diggers (and others) from losses and internationally, such as trip compensation benefits and lump
or damages due to collisions, fire, cancellation, loss or damage to sum compensation if the Insured
theft, or accidents caused by third luggage, and illness during travel. is diagnosed with Dengue Fever or
parties. Dengue Hemorrhagic Fever by a
HEALTH INSURANCE - Doctor and laboratory examination
ASURANSI KARGO MEDICILLIN results that show that the Insured
This insurance provides protection This product is a form of employee has a decrease in platelet count
against risks that may occur during benefit in the health insurance to below 150,000 or a positive NS1
the shipment of goods, whether program provided by companies test result.
by land, air, or sea transportation. for their employees. Medicillin
Coverage begins when the goods guarantees outpatient health costs, ASURANSI MIKRO HOSPITAL
leave the warehouse or storage hospitalization, childbirth, surgery CASH PLAN 5 DISEASES – DBANK
location and continues while they and other medical procedures. PRO
are in transit at the port (ordinary Policyholders can easily access Micro health insurance product
transit) until they reach their important information and policy that provides daily inpatient
destination. data through the Medicillin App compensation up to the maximum
from their devices. Through this coverage value specified in the
ASURANSI REKAYASA product, Medicillin has collaborated Coverage Summary if the Insured
This insurance provides protection with Halodoc (a leading digital medically requires inpatient
against material damage or platform in Indonesia) to provide services after being diagnosed
losses that occur accidentally, convenience in consulting services by a doctor for one or more of
unexpectedly, and are not with doctors and for buying the 5 covered diseases, including
excluded from the insured object. medicine online. Dengue Fever and/or Dengue
It also provides liability coverage Hemorrhagic Fever, Typhus,
for damage or loss suffered by Pneumonia, Meningitis, and
third-party. Protection is provided Diphtheria.
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AUTOCILLIN – DBANK PRO DANAMON SYARIAH TABUNGAN iB WADIAH
Autocillin has long been recognized Savings product with a deposit
as a Top Brand in the car insurance DANAMON LEBIH PRO IB agreement (Wadiah contract),
industry in Indonesia ever since Danamon LEBIH PRO iB is a Sharia which provides convenience
it was launched 18 years ago. savings product under a Custody and freedom of transactions for
The comprehensive protection (Wadiah) scheme provided for customers, with minimal costs such
that Autocillin offers for the individual customers who need as free monthly administration and
policyholder’s car covers the risk transaction solutions in various transaction fees (cash withdrawals
of collisions, fire, theft, legal liability currencies, including 9 (nine) & balance checks at ATMs of other
to third parties, riots, terrorism and currencies with one account and Banks, transfers to other Banks).
sabotage, floods, earthquakes, no transaction fees.
and accidents for the policyholder TABUNGAN HAJI iB
and family (including medical DANAMON SAVE iB Savings that facilitate customers to
expenses). A special savings product for realize their intention to take Hajj.
individual customers in Rupiah, in Both for customers who have met
MOTOPRO – DBANK PRO accordance with the principles of the initial deposit requirements and
This is Indonesia’s leading Sharia Profit Sharing (Mudharabah) customers who are planning funds
motorcycle insurance product. It and Deposits (Wadiah), which for the Hajj pilgrimage.
protects motorbikes from the risk prospective buyers can open
of loss and total damage (that anywhere and anytime through • Rekening Tabungan Jemaah
exceeds 75%) due to accidents. the digital services of the D-Bank Haji (RTJH)
Policyholders are also protected if PRO application. Danamon Save Providing convenience for
they have an accident while riding a iB helps customers manage their customers to register for the
motorbike, except for accidents at finances for various needs such as Hajj pilgrimage by paying
home and at work. monthly expense management or an initial deposit for the Hajj
long-term planning. Organizing Fee (BPIH) of Rp25
ASURANSI PERJALANAN million which is connected
(ZURICH TRAVEL INSURANCE) – TABUNGAN DANAMON LEBIH IB directly to the Indonesian
DBANK PRO Danamon LEBIH iB believes that Ministry of Religious Affairs’
Travel insurance product that every effort, every rupiah, or every Integrated Hajj Computerized
provides various protection little thing matters. Therefore, System (SISKOHAT).
benefits while traveling. The Danamon LEBIH iB is a Sharia
benefits provided include the product that tries to value every • Tabungan Rencana Haji iB
risk of personal accidents, rupiah customers earn. It’s time A Sharia-compliant savings
medical and other emergency for the customers to have better plan of profit sharing
benefits, trip cancellation and financial control as they enjoy every (Mudharabah) in Rupiah
changes, protection for baggage feature of Danamon LEBIH iB. currency offered specifically to
and personal effects, costs for realize customers’ intention to
repatriating bodies and other TABUNGAN FLEXIMAX IB do Hajj. Funds will be debited
related costs, and other need- Transactional savings products every month through an auto
based benefits. use sharia principles of profit debit process from the source
sharing (mudharabah) in rupiah account to the iB Hajj Planning
ASURANSI PROTEKSI PRIMA currency specifically offered Savings account with the
ANDALAN to individual and institutional/ deposit amount and time period
A life insurance product designed Company customers and provide according to the customer’s
to help you prepare for the risks attractive profit sharing according choice.
of Death Due to Natural Causes to their placement balance but
or Death Due to Accidents. with minimal costs such as
Additionally, this product provides a administration fee and transaction
Benefit at the End of the Coverage fee via ATM.
Period in the form of a 50% refund
of the total premiums paid.
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TABUNGAN BISA UMRAH iB GIRO BISA iB waqf in cash via the Social Banking
Sharia-compliant term savings The business current account application or socialbanking.id. in
under Mudharabah (Profit Sharing) product under Mudharabah collaboration with digital partner
scheme that assists customers in (profit sharing) scheme that offers PT Minasa Fin Teknologi Syariah
planning funds for their Umrah. transaction freedom, and provides and Nazhir who has been certified
Customers save monthly through more benefits for customers, such as a Cash Waqf Management
automatic debits from the debit as ease of transactions using Institution, giving waqf is now more
source account to the BISA Umrah Internet Banking (D-Bank PRO & comfortable and reliable.
iB Savings account. The amount D-Connect), 24 Hour Account and
of regular deposits per month Transaction Information Services PROTEKSI PRIMA AMANAH
depends on customer’s choice via Hello Danamon, making it easier Sharia-based term life insurance
starting from Rp300,000 to Rp5 for customers to manage cash flow. product that covers death
million with terms ranging from 6 to compensation, total permanent
72 months. BISA Umrah iB savings DEPOSITO SYARIAH disability benefits and benefits at
comes with insurance protection A term savings product managed in the end of the membership period in
benefits (Umrah Plan Protection), accordance with sharia principles the form of a return of contributions
which is a collaboration between and intended for individual or that have been formed (if any)
the Bank and PT Manulife Indonesia Corporate customers under a profit when the policy matures.
Life Insurance. sharing (Mudharabah) scheme.
SHARIA MORTGAGE IB
TABUNGAN BISA QURBAN iB LAYANAN PEMBAYARAN HAJI Sharia compliant mortgage
The planned savings product uses KHUSUS solutions with installments of up to
the Sharia principle under the profit PT Bank Danamon Indonesia 20 years under (Ijarah Muntahiya Bit
sharing (Mudharabah) scheme in Tbk (Danamon) through its Tamlik) scheme and - Musyarakah
Rupiah currency, offered to realize Sharia Business Unit (UUS) has Mutanaqisah (MMQ) partnership
the intention to do Qurban. Funds been appointed as the Bank that scheme.
will be debited monthly through an can receive deposits - fees for
auto debit process from the source organizing the Hajj (BPS-Bipih) PEMBIAYAAN KEPEMILIKAN
account to the BISA Qurban iB by the Hajj Financial Management RUMAH DANAMON LEBIH
Savings account with the deposit Agency (BPKH) which gives SYARIAH IB
amount and time period depending convenience for members of the A home ownership financing
on Customer’s choice. Hajj community and prospective solution linked to a savings account.
Hajj pilgrims to access Danamon With this product, customers will
TABUNGAN PERENCANAAN services, especially special Hajj receive additional profit sharing
SYARIAH iB deposit payment services through (benefit) on the funds available
Savings plan with Sharia principles Bank Danamon branches, which in their savings account, which
of profit sharing (Mudharabah) is a special Hajj deposit payment will be used for early principal
to help customers plan personal service in dollars (USD). repayment outside the regular
finances for e.g. children’s installment schedule. The amount
education, worship plans, and LAYANAN PENERIMAAN WAKAF of the benefit is subject to the
various other goals online via the TUNAI Bank’s policy based on the average
D-Bank PRO application and Social Danamon Syariah has been savings balance and the timeliness
Banking application. Opening an appointed as an LKS-PWU (Sharia of installment payments.
account becomes easier because Financial Institution – Cash Waqf
it can be done anytime and Recipient) which provides Cash
anywhere. Customers can choose Waqf Receipt Services and makes
a regular savings period with daily it easy to pay endowment cash
or weekly or monthly options when
opening an account.
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SHARIA EMPLOYEE IB KORAN SHARIA ACCOUNT and payments. The CRM machine is
COOPERATIVE FINANCING FINANCING (PRKS) currently available in 4 languages:
Financing under Mudharabah Financing for working capital Indonesian, English, Japanese, and
(profit sharing) scheme for that needs for business entities with Chinese. This service is available at
is distributed to members of the an extendable term of 1 year in the 150 CRM (Cash Recycle Machine)
Employee Cooperative who need form of a Current Account and in locations across Indonesia.
to meet their financial need with accordance with Sharia principles.
receivables as collateral.
HELLO DANAMON
SHARIA RURAL BANK FINANCING UNSECURED LOAN As part of Danamon’s commitment
Working capital financing under to prioritize service to customers,
Mudharabah (profit sharing) DANA INSTANT Hello Danamon serves customer
scheme to BPRS (Sharia People’s Dana Instant is an unsecured multi- needs, including giving information
Credit Bank) distributed to BPRS purpose loan facility for individuals and service transactions, and
customers to meet working capital, with competitive interest that can operates as a designated channel
investment and multi-purpose be used to meet all needs, the where customers can voice their
needs. application and process is quiet complaints on Banking and credit
easy and comes with many tenor card products. Hello Danamon can
SHARIA WORKING CAPITAL options of up to 3 years and a loan be accessed 24/7.
FINANCING limit of up to Rp200 million.
A short-term financing product
provided to meet working capital ELECTRONIC BANKING
needs in accordance with Sharia ATM SERVICES CHANNEL
principles. 24-hour Online Electronic Banking
service with cash withdrawal D-BANK PRO
SHARIA INVESTMENT FINANCING facilities, balance checks, D-Bank PRO by Danamon is the
A medium and long term financing overbooking, Inter- Bank transfers, Bank’s digital channel that aims
product provided for investment purchases and payments - to provide need-based services
purposes such as capital goods/ additional Astra Credit Company to customers. Danamon sees
fixed assets or other production (ACC) Payment features - vehicle how the need for digital channels
facilities in accordance with Sharia credit installments and “Lifestyle” has shifted since they are now
principles. Data Package Purchases used not only to fulfill Banking
(Telkomsel). Customers can access transaction needs but also to cater
SHARIA IB LEASING more than 1,400 Danamon ATMs to customers’ lifestyles, such as
A working capital and investment across Indonesia and supported Top-up Game Vouchers, foreign
financing product offered by tens of thousands of ATMs exchange transactions, and Credit
as leasing/hire purchase of with local networks such as ATM Card Transactions, as well as
certain assets with the option of Bersama, PRIMA and ALTO. public service transactions such as
transferring asset ownership at the payments for property tax or BPJS.
end of the rental period through
sale and purchase or gift according CRM SERVICES (CASH With D-Bank PRO by Danamon,
to Sharia principles. RECYCLE MACHINE) Danamon targets younger
24-hour online electronic Banking Customer segmentation under the
TRADE FINANCE IB service with facilities for cash Mass Affluent category through
Sharia-compliant comprehensive deposits, cash withdrawals, the D-Bank PRO #SelaluMenggoda
Trade Finance service and financing cardless cash withdrawals, balance campaign with attractive benefits
solutions t to meet working capital inquiries, overbooking, interbank and ease of transactions.
and business investment needs. transfers, PIN changes, purchases,
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Given below are some of D-Bank system that is connected to the 1. Practical QRIS Payments for
PRO’s signature features: internet network. This application paying at merchants or for
1. Payment: provides convenience for shopping at minimarkets.
Payments via QRIS D-Bank Danamon QR Merchants to receive 2. No Admin Fee Transfers to other
PRO can be made using funds notifications in the form of push D-Wallet accounts, and you can
available in the savings account notifications, monitor transaction also transfer to other Banks.
or Danamon credit cards. history, generate dynamic QR 3. Hassle-Free Cash Withdrawals,
2. Foreign Exchange: codes, check static QR codes, as allowing you to withdraw cash
With a competitive exchange well as change and reset their PIN. at all ATM machines without
rate, Customers can make needing a debit card.
foreign exchange transactions DANAMON BILLINK 4. Quick and Easy Top-Up for
from as little as IDR 10,000 and It is a digital solution in the form of an GoPay, OVO, ShopeePay,
order Bank Notes through the integrated website from Danamon DANA, and LinkAja, anytime
application. that can be used by the Community and anywhere.
3. Credit Card: to manage and receive regular
For easier cash flow payments from its Members. With D-Wallet by Danamon also offers
management, Customers can Danamon BilLink, the Community services that can be accessed
use the My Own Installment can manage Member Data, Billing through partner applications of
feature to change Danamon Data, view payment history. Danamon. Currently, customers
Credit Card bills or transactions can use the D-Wallet electronic
into installments or the Money DIRECT DEBIT DANAMON money service by Danamon in
Transfer feature and have the A service provided to Danamon the adiraku application by Adira
remaining Danamon Credit Card Customers to make online payment Finance.
limit transferred to a Danamon transactions as a payment option
Savings account within only 30 that have partnered with Danamon.
seconds. Direct Debit Danamon offers PRODUK PEMBIAYAAN UKM
4. Protection: convenience in transactions,
Apply for Vehicle, Health, and requiring only a one-time OVERDRAFT LOAN (KRK)
Travel insurance from Zurich via registration service through the These are loan facilities provided
the app. third-party application/site by for working capital purposes. They
entering some registered customer are short-term loans and can be
QR DANAMON data from Danamon. Direct Debit extended. This product offers
Danamon QR Service is a service Danamon transactions are easy flexibility where withdrawals
for using Danamon QR as a digital and secure as they use a PIN or can be made at any time using
payment medium facilitated by SMS OTP code for transaction a draft (cheque/bilyet giro) and can
Danamon. This service can be verification. be extended.
used by Merchants who have
collaborated with Danamon for D-WALLET BY DANAMON KREDIT BERJANGKA (KB)
the management of their payment D-Wallet by Danamon is an A loan facility intended for short-
transactions where buyers scan electronic money service term working capital needs and
QR Codes that comply with QRIS. from Danamon that can be can be extended. Withdrawal of
Merchants will get a QR Code accessed through Android or iOS loan funds can be done using a
which is used to process payment smartphones, without prior account Promissory Note (Promes) with a
transactions as well as access to opening. This application offers certain maximum period until the
the Danamon QR Application. The various features that help you with maturity of the credit facility. The
Danamon QR application can be your daily digital transactions, such maximum Promissory Note period
accessed by Merchants via mobile as: is 180 days and must not exceed
phones with an Android operating the term of the Credit Agreement
(SPK).
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KREDIT ANGSURAN BERJANGKA INCOMING COLLECTION obtain payments from importers
(KAB) AVALIZATION (ICA) (drawees) through the Collecting
These are loan facilities for Incoming Collection Avalization Bank.
investment purposes to support (ICA), also known as Billing
customer business activities. The Availability, provides avalization of TRANSFERABLE LC/SKBDN
types of investment that can be billing for imported documents that Transferable LC/SKBDN are LCs/
financed are Productive Assets guarantees payment to the Seller SKBDNs that can be transferred
for customers, such as land and (Exporter) in the Documentary by the original (first) beneficiary to
buildings, industrial equipment and Collection payment method. one or more second beneficiaries.
machinery and others. Transferable LCs/SKBDNs are used
SHIPPING GUARANTEE (SG) when the supplier of goods sells
KREDIT KEPEMILIKAN TEMPAT A facility provided to importer goods through an intermediary and
USAHA RUKO (KTU RUKO) customers (on a LC/SKBDN does not have direct contact with
Shop-house Financing Loans (KTU opened at Danamon) to obtain the final buyer.
Ruko) are forms of financing that power of attorney over goods from
allow customers to buy a place of a shipping Company if the original CONFIRM LC/SKBDN
business such as a shophouse or Bill of Lading has not been received Confirm LC/SKBDN is guarantee
home office with a light installment by Danamon or the customer while Danamon offers to the Exporter
scheme for a longer loan period. the goods have arrived at the port Customer (Beneficiary) in addition
One of the advantages of KTU of destination. to the guarantee from the Issuing
Ruko is that its installments are Bank, to pay for the presentation
lighter due to the fact that some CLEAN LC/SKBDN NEGOTIATION of documents in accordance with
of its principal installments can (CLN) the terms and conditions of the LC/
be repaid at the maturity date of These are facilities provided to SKBDN.
the loan. exporter customers (beneficiaries)
in the form of negotiations with IMPORT LC/SKBDN FINANCING
conditions where the documents (ILF)
TRADE FINANCE presented are in accordance with ILF is a financing alternative that
the terms and conditions of the LC/ can be provided to the Customer
LETTER OF CREDIT/SKBDN SKBDN. (Applicant) to obtain an extension
With the use of a Letter of Credit of the payment tenor in the LC/
(LC) or SKBDN facility, Danamon DISCREPANT LC/SKBDN SKBDN payment method. There
will guarantee payments to NEGOTIATION (DLN) are two types of Import LC/SKBDN
the seller (exporter) while also These are facilities provided to Financing (ILF) products owned by
guaranteeing the buyer (importer) exporter customers (beneficiaries) Danamon: (1) Import LC/SKBDN
that the payment will only be made in the form of document Financing Sight and (2) Import LC/
on the basis of presentation of negotiations under conditions SKBDN Financing Usance.
documents in accordance with the where the documents presented
terms and conditions in the LC/ are not in accordance with the FINANCING AGAINST TRUST
SKBDN. terms and conditions of the LC/ RECEIPT (FATR)
SKBDN. This is short-term financing for
INCOMING COLLECTION importer customers to meet
SERVICES (ICS) OUTGOING COLLECTION working capital needs and settle
These are services provided by SERVICES (OCS) obligations to suppliers that are
Danamon to handle document A service provided by Danamon due on the basis of LC/SKBDN or
collection using a documentary to exporter customers (drawers) Documentary Collection.
collection payment method sent to handle documents from
by the Remitting Bank to Danamon documentary collection. Through PRE-SHIPMENT FINANCING (PSF)
which acts as the Collecting Bank this, Danamon acts as a Remitting Short-term trade financing
(or a Presenting Bank). Bank that will send documents provided to exporters to meet
from drawers (exporters) and working capital needs (purchase of
516 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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raw materials, production activities On the other hand, Distributors can document in the form of a money
and others) prior to shipment also enjoy optimal benefits through order which is endorsed by the
related to export schedules and the payment term extension feature seller to Danamon and accepted by
can be provided either on the basis and competitive warranty terms. the Customer (Buyer/Principal).
of LC/SKBDN or Purchase Orders.
EARLY COLLECTION STRUCTURE SUPPLIER PREPAYMENT (SP)
OUTGOING COLLECTION (ECS) Supplier Prepayment (SP) is
FINANCING (OCF) Early Collection Structure (ECS) is a financing without regress rights to
Funding on the basis of receivables facility for Principals to get payment the seller where Danamon takes
by Danamon provided to finance earlier than the invoice due date. the buyer’s risk and provides funds
the bills of customers who act as This facility is an additional feature to the seller at a discount (interest
sellers (Drawers) and are billed in the DF program that can be used paid in advance), until the accepted
through Outgoing Collection by the Principal as needed. invoice is due. This financing is
Services. given using the main underlying
Tranche ADMF I - Kendaraan Baru documents in the form of accepted
OPEN ACCOUNT FINANCING (Tranche ADMF I)/Tranche ADMF invoices, transfer of receivables
(OAF) I - New Vehicles (cessie), as well as applications for
Financing provided to buyers/ Collaboration between PT Bank sales of receivables.
importers or sellers/exporters Danamon Indonesia Tbk and
for domestic and international PT Adira Dinamika Finance Tbk
underlying Open Account in providing working capital CASH MANAGEMENT
transactions. financing for the purchase of
new vehicle units to dealers who DANAMON GIRO BISA IDR
BANK GUARANTEE (BG)/ have collaborated with PT Adira The Danamon Giro BISA account
STANDBY LETTER OF CREDIT Dinamika Finance Tbk. is a Banking solution specifically
(SBLC)/DEMAND GUARANTEE designed for companies that
(DG) SUPPLIER FINANCING (SF) need convenience in their
A written guarantee provided by Supplier Financing is a solution in rupiah-denominated cash flow
Danamon for the benefit of the the form of working capital support management. Giro BISA helps
customer to the recipient of the for selected Suppliers to ensure the companies operate run more
guarantee based on a specific smooth supply of raw materials/ efficient daily activities. Equipped
contract. Payments are made on service execution for Principals. with security features and digital
claims submitted by the recipient integration, the IDR Giro BISA
of the guarantee on account of ACCOUNT RECEIVABLE account provides full transparency
the guaranteed party (customer) PURCHASE FINANCING (ARPF) and better control over financial
being unable to fulfill its obligations ARPF is a solution in the form management.
(default). of working capital support for
Principals in financing receivables DANAMON GIRO BISNIS USD
from the sale of goods/services to The Danamon Giro Bisnis USD
FINANCIAL SUPPLY CHAIN selected Buyers. account is a Banking solution
designed to facilitate companies in
DISTRIBUTOR FINANCING (DF) TRADE SUPPLIER FINANCING managing cash flow in US Dollars
This is a working capital financing (TSF) (USD). The Giro Bisnis USD account
product for Distributors from Trade Supplier Financing (TSF) is offers a comprehensive solution for
Principals in the business chain financing without regress rights to companies that need convinience
community. This product provides the seller where Danamon takes in managing international finances.
solutions for Principals, including the buyer’s risk and provides funds It offers foreign exchange needs
accuracy of bill payments to to the seller at a discount (interest in one convenient package with
Principals and ease of transactions. paid in advance), until the accepted security, flexibility, and affordable
invoice matures. This financing is costs.
given using the main underlying
PT Bank Danamon Indonesia Tbk 2024 Annual Report 517
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DANAMON CASH CONNECT CASH PICK UP WITH MOBILE DANAMON OPTIMAL
Danamon Cash Connect (DCC) is a DEVICE Danamon Optimal provides
Corporate Internet Banking service The cash pick up service uses a comprehensive package solutions
designed to facilitate the financial mobile device that operates with to achieve financial goals at
management of customers’ a wireless connection for the real- every life stage, offering variety
businesses by providing a time process of crediting funds to of products and convenient daily
comprehensive cash management customer accounts. transactions to complement your
solution that is accessible and lifestyle. This service is available
flexible according to customer VIRTUAL ACCOUNT for individual customers with a
needs. This service is available The Cash Management solution minimum consolidated balance of
in both website and mobile app provided by Danamon makes it easy Rp50 million.
versions, equipped with encryption to identify the sender of funds and
security systems to ensure the the reconciliation process (Virtual
safety and confidentiality of data, Account Collection) and provides DANAMON PRIVILEGE
as well as to provide fast and ease of operational transactions via Danamon Privilege offers
efficient transaction convenience Virtual Account Debit. comprehensive services to ensure
directly from anywhere and at any the wellbeing of you and your
time via the internet. E-TAX family, both now and in the future.
State revenue payment services Our range of financial solutions and
DANAMON API CENTRAL (Tax, Customs & Excise, Non-Tax benefits includes Wealth Advisory,
Application Programming State Revenue) using single and Wealth Growth and Preservation,
Interfaces (APIs) developed by multiple ID Billing methods in real- World of Privileges, and Convenient
Danamon enable interaction time via Danamon Cash Connect. Access. This exclusive service is
between the applications of third Proof of State Revenue (BPN) can available to individual customers
parties (third- party applications) be downloaded directly after the with a minimum consolidated
and Danamon Banking services, transaction is successfully made. balance of Rp 500 million.
thus enabling process automation,
operational efficiency, and secure LIQUIDITY MANAGEMENT
real-time data exchange. With Liquidity management services for
this API, customers can directly Customer operational accounts
connect their internal systems to maximize control functions and
with Danamon’s Banking services, maximize current account services
supporting dynamic business obtained, liquidity management
needs. products include: Cash Pooling,
Cash Distribution and Range
CASH PICK UP & DELIVERY Balance.
SERVICES
Services provided to customers
for collecting and sending cash
where the cash delivery process is
insured and has method of debiting
and crediting funds with based-
need frequency of service.
CASH COLLECTION MACHINE
Services provided to customers
to make cash deposits via
deposit machines installed at the
customer’s location and funds
will be credited in real-time to a
predetermined account.
518 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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SENIOR EXECUTIVE OFFICERS &
EXECUTIVE OFFICERS
No. Name Position Nationality
1 ANDREW SUHANDINATA* Transaction Banking Head Indonesia
2 EVI DAMAYANTI* Chief Human Capital Indonesia
3 HERMAN* Treasury & Capital Market Head Indonesia
4 REZA ISKANDAR* Chief Strategy Officer Indonesia
5 TOSHIYA SHOBAYASHI* Executive Officer Business Collaboration Japan
6 YENNY* Chief Internal Auditor Indonesia
7 YENNY SISWANTO* Chief Information Technology & Operations Officer Indonesia
8 ABDU RAHMAN ZIAD SANI Branch Manager Indonesia
9 ABDUL HADI Sustainability Finance Head Indonesia
10 ADE PRIMA RATU BAGUS Market & Liquidity Risk Head Indonesia
11 ADELINE INGGRISARI YONATAN EB Business Head Indonesia
12 AGUS PRATAMA SME Business Head Indonesia
13 ALFRITS JOHANIS RATTU Branch Manager Indonesia
14 AMRULLAH Branch Manager Indonesia
15 ANDI SYAIFUL WAHDI EB Business Head Indonesia
16 ANDI SYAIFUL WAHDI Environment Sustainability Finance Head Indonesia
17 ANDIYANTO Branch Manager Indonesia
18 ANDREAS KURNIAWAN Chief Digital Officer Indonesia
19 ANNEKE THIOFANNY Procurement Head Indonesia
20 ARDIANTO Branch Manager Indonesia
21 ARI PRIYATNA Credit & Enterprise Risk Management Head Indonesia
22 ARIYANTO Branch Manager Indonesia
23 ARLEIND RIACHEN JENEITHA PAKASI Branch Manager Indonesia
24 BAYU MARWANSYAH Branch Manager Indonesia
25 BENNY SETIAWAN Branch Manager Indonesia
26 CHIAU WINARTO Regional Head Indonesia
27 CUT ELLYANA SARI Branch Manager Indonesia
28 DANNY SUHERMANTO EB Business Head Indonesia
29 DESMAN WIJAYA Branch Manager Indonesia
30 DEWI KUSUMAWATI Branch Manager Indonesia
31 DICKY JONATHAN Branch Manager Indonesia
32 DINA AGUSTINA Branch Manager Indonesia
33 DWI CHRISTIANA TJANDRA Branch Manager Indonesia
34 DWI PRABAWATININGSIH Branch Manager Indonesia
35 DWI SUSIYANTO Risk Modeling,Quant.Tech.&Analytics Head Indonesia
36 EDWARD FRANCOIS MARBUN Global Strategy Head Indonesia
37 EKA DINATA Branch Network Head Indonesia
38 ELMI CHRISTINA EB Business Head Indonesia
39 ENRIKO SUTARTO Consumer Lending Business Head Indonesia
40 ERICA SETIANINGSIH Branch Manager Indonesia
41 ERWINDA WIJAYA Financial Planning Head Indonesia
42 EVAN HIZKIA ANDREAS Branch Manager Indonesia
43 EVI MORTOPO Branch Manager Indonesia
44 FARID MUNANDAR Regional Head Indonesia
45 FILIPUS SUWANDI KUSUMA ORM Fraud & QA Head Indonesia
46 FITRYA YOSEPHINE SIAHAAN Branch Manager Indonesia
47 FLINT INDRAWAN KAMIL EB Business Head Indonesia
48 FRISSILLIA SOWONG Branch Manager Indonesia
520 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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No. Name Position Nationality
49 GUNAWAN TE EB Business Head Indonesia
50 HANA NUR AJI Branch Manager Indonesia
51 HANDOJO PAMUDJI SME Credit Head Indonesia
52 HANDONO TRI SASONGKO Branch Manager Indonesia
53 HANDRIADY CHIA Regional Head Indonesia
54 HANNY WINAWAN Branch Manager Indonesia
55 HASAN EB Business Management Head Indonesia
56 HENDRA GUNAWAN Branch Manager Indonesia
57 HENDRY SUNARYO Partnership & Innovation Head Indonesia
58 HENDY DEINY WONG Head of Corporate Secretary Indonesia
59 HERMAN DJAFAR Branch Manager Indonesia
60 HERU WIBOWO Branch Manager Indonesia
61 HUMILO FELONA RONITUA Business Operational Risk & Control Head Indonesia
62 I GUSTI AGUS INDRAWAN Regional Head Indonesia
63 I WAYAN SUKARMA Branch Manager Indonesia
64 IFONNE MULJADI EB Business Analyst Head Indonesia
65 IKA DEWITA DAMAYANTI Branch Manager Indonesia
66 INDRIANI PRATIWI SUSANTIO CREM Head Indonesia
67 IRENE SRI REDJEKI Regional Head Indonesia
68 IVAN ADRIAN JAYA Consumer Funding & Wealth Business Head Indonesia
69 JAMES HENDRIK ROMPAS Branch Manager Indonesia
70 JOHNNY ANDREAN SUSANTO Branch Manager Indonesia
71 KARTIKA YULLIANTI Branch Manager Indonesia
72 KRISTIANI SIWI P Service Excellence & Customer Care Head Indonesia
73 LIDYA DAMAYANTI Branch Manager Indonesia
74 LIE CHEN Regulatory Compliance & Assurance Head Indonesia
75 LINCE KRISTIANTI Branch Manager Indonesia
76 MARGARETHA SHERLY Financial Institution Head Indonesia
77 MASASHI YOSHIKAWA Japan Desk Head for Consumer Japan
78 MASAYASU KITAYAMA Global Alignment Head for Finance Japan
79 MERCI SANTI ADRIANI Syariah Funding Business Head Indonesia
80 MIREILLE MAKMUR Customer Experience Head Indonesia
81 MOCHAMMAD MAURISYA OKTORIKO Branch Manager Indonesia
82 MUHAMMAD ARIEF FATCHUR ROCHMAN EB Business Head Indonesia
83 MUTIA DEWI SANTOSO Branch Manager Indonesia
84 NG SUWITO MULJANA Senior Credit Risk Officer - Enterprise Banking Indonesia
85 NI LUH PUTU PUTRI SARIANI Branch Manager Indonesia
86 NINI SAFRIANI Branch Manager Indonesia
87 PALUPI Regulatory Compliance & Advisory Head Indonesia
88 PAULUS LOBO Branch Manager Indonesia
89 PINASTIKA JUNIA Regional Head Indonesia
90 PRESYLIA LIMANTO Branch Manager Indonesia
91 RATIH DAMAYANTI Head Of Financial Crime Compliance Indonesia
92 RATNA KARTIKA Branch Manager Indonesia
93 RATNA SARI HALIEM Financial Shared Services Head Indonesia
94 REBECCA FERRYTASARI Branch Manager Indonesia
95 REFITA RULLI ARIEF Syariah Financing Business Head Indonesia
96 RIANA SUAGIAT Regional Head Indonesia
97 RIMA KALALO Branch Manager Indonesia
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Financial Management Company Management Discussion
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No. Name Position Nationality
98 ROBERTO TRIO EB Business Head Indonesia
99 ROBIN Branch Manager Indonesia
100 ROBY Branch Manager Indonesia
101 ROCKLAND Branch Manager Indonesia
102 RONCY SINAGA Senior Credit Risk Officer - EB Remedial Indonesia
103 RONY ISKANDAR KUSTENDRO Information Risk Management Head Indonesia
104 RUSMIN BASUKI Portfolio, Policy & Analytics Head Indonesia
105 SAMUEL SUGENG RIJADI Regional Head Indonesia
106 SANDRA ANGELIA Regional Head Indonesia
107 SATYO HARYO WIBISONO Head of Legal Counsel Indonesia
108 SHEKY LEMASOA Senior Credit Risk Officer - Enterprise Banking Indonesia
109 SONNY GUNAWAN EB Business Head Indonesia
110 SRI SUMARTINI Branch Manager Indonesia
111 SUSAN TEDJADINATA BPS Head Indonesia
112 THERESIA ADRIANA WIDJAJA Financial Controller Indonesia
113 TOSHIHIRO SENOO Platform Collaboration Head Japan
114 UMI DAMAYANTI Branch Manager Indonesia
115 VABIOLA ROSIANA PAAT Branch Manager Indonesia
116 VICTOR HERLAN SIPASULTA Branch Manager Indonesia
117 WIDIANTO EB Business Analyst Head Indonesia
118 WINDY TRIANADEWI Branch Manager Indonesia
119 YATNO SUKENDAR Sharia Risk & Assurance Head Indonesia
120 YUSDIAN FARADIANA Tax Planning & Strategy Head Indonesia
* Senior Executive Officers
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BRANCHES OFFICES &
SHARIA BRANCHES
City/
No Branches Address Province
Regency
Graha Rukan Itc Cempaka Mas Blok B No. 7 Jakarta Pusat
1 BDI JAKARTA ITC CEMPAKA MAS JAKARTA Central Jakarta
DKI Jakarta
Jl. Bulevard Barat Blok XB No. 8 Kelapa Gading Jakarta
2 BDI JAKARTA KELAPA GADING 1 JAKARTA North Jakarta
Utara DKI Jakarta
Jl. Boulevard Raya Blok FY No. 1/9-12 Jakarta Utara DKI
3 BDI JAKARTA KELAPA GADING II JAKARTA North Jakarta
Jakarta
Jl. Muara Karang Raya No. 72 Blok Z-3 Selatan Jakarta
4 BDI JAKARTA MUARA KARANG JAKARTA North Jakarta
Utara DKI Jakarta
Rukan Artha Gading Blok C No. 18 Jl. Boulevard Artha
5 BDI JAKARTA ARTHA GADING JAKARTA North Jakarta
Gading Kelapa Gading Jakarta Utara DKI Jakarta
Jl.Pluit Selatan Raya Komp.CBD Pluit Blok A 18 Jakarta Utara
6 BDI JAKARTA CBD PLUIT JAKARTA North Jakarta
DKI Jakarta
7 BDI CEMPAKA PUTIH TENGAH Jl. Cempaka Putih Raya No. 11 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
Jl. Danau Sunter Utara Blok B.I.B No. 15-16 Sunter
8 BDI JAKARTA DANAU SUNTER JAKARTA North Jakarta
Podomoro Jakarta Utara DKI Jakarta
Jl Enggano Raya No 36 Tanjung Priok Jakarta Utara DKI
9 BDI JAKARTA ENGGANO IC JAKARTA North Jakarta
Jakarta
Jl. KHM. Mansyur No. 255 Jembatan Lima Jakarta Barat DKI
10 BDI JAKARTA JEMBATAN LIMA JAKARTA West Jakarta
Jakarta
Jl. Teluk Gong Raya Komp. TPI II Blok M No. 34 Kampung
11 BDI JAKARTA KAPUK TELUK GONG JAKARTA North Jakarta
Gusti Jakarta Utara DKI Jakarta
Galeria Niaga Mediterania Blok X-3 Kav. No.A-8M & A-8N
12 BDI JAKARTA PANTAI INDAH KAPUK JAKARTA North Jakarta
Pantai Indah Kapuk Jakarta Utara DKI Jakarta
Ruko Crown Golf Blok A No. 53 Jl. Marina Raya RT 07 Rw
BDI JAKARTA PANTAI INDAH
13 02 Kel. Kamal Muara Kec Panjaringan Pantai Indah Kapuk JAKARTA North Jakarta
KAPUK 2
Jakarta Utara DKI Jakarta
14 BDI JAKARTA PLUIT KENCANA Jl. Pluit Kencana Raya 45-47 Jakarta Utara DKI Jakarta JAKARTA North Jakarta
Ps. Pademangan Timur Lt.Dasar No 137 Jakarta Utara DKI
15 BDI JAKARTA PS PADEMANGAN JAKARTA North Jakarta
Jakarta
Jl. Telepon Kota No.7 RT.6/RW.2 Roa Malaka Kec. Tambora
16 BDI JAKARTA TELEPON KOTA JAKARTA West Jakarta
Kota Jakarta Barat DKI Jakarta
Ruko Bandengan Indah Blok B No 7 Jl. Bandengan Utara No.
17 BDI JAKARTA BANDENGAN INDAH JAKARTA North Jakarta
80 RT/RW 05/16 Penjaringan Jakarta Utara DKI Jakarta
18 BDI JAKARTA GROGOL MUWARDI Jl. Muwardi Raya No. 7 Grogol Jakarta Barat DKI Jakarta JAKARTA West Jakarta
19 BDI JAKARTA JELAMBAR Jl. Jelambar Baru.1 B Jakarta Barat 1 Jakarta JAKARTA West Jakarta
Ruko GSA Db 08 Jl S. Parman Tj Duren Jakarta Barat DKI
20 BDI JAKARTA CENTRAL PARK JAKARTA West Jakarta
Jakarta
Ruko Komp.Orion Mangga DuaJl.Raya Mangga Dua Komp.
21 BDI JAKARTA ORION MANGGA DUA JAKARTA North Jakarta
Rukan Orion Mangga Dua No.3 Jakarta Utara DKI Jakarta
BDI JAKARTA PANGERAN Jl. Pangeran Jayakarta No. 22 Kel. Mangga Dua Selatan
22 JAKARTA Central Jakarta
JAYAKARTA Kec. Sawah Besar Jakarta Pusat DKI Jakarta
BDI JAKARTA MALL TAMAN Mall Taman Anggrek Ground Floor G-42 Jl. S. Parman
23 JAKARTA West Jakarta
ANGGREK Kav.21 Jakarta Barat DKI Jakarta
Rukan Taman Duta Mas D9A No.8 Jelambar Jakarta Barat
24 BDI JAKARTA TAMAN DUTA MAS JAKARTA West Jakarta
DKI Jakarta
Ruko Textile Blok E4/6 Jalan Mangga Dua Raya Jakarta
25 BDI JAKARTA MANGGA 2 RAYA JAKARTA North Jakarta
Utara DKI Jakarta
BDI JAKARTA USMAN HARUN (DH Jalan Prapatan No. 50 Kel. Gambir Kec. Gambir Jakarta
26 JAKARTA Central Jakarta
KEBON SIRIH) Pusat DKI Jakarta
524 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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City/
No Branches Address Province
Regency
BDI JAKARTA MENARA BANK Jl. Hr Rasuna Said Blok C No. 10 Kelurahan Karet Kecamatan
27 JAKARTA South Jakarta
DANAMON Setiabudi Jakarta Selatan DKI Jakarta
28 BDI BOGOR JUANDA Jl. Ir. H. Juanda No. 46 Kota Bogor Jawa Barat WEST JAVA Bogor City
29 BDI JAKARTA BENHIL Jl. Bendungan Hilir Raya No. 21 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
30 BDI JAKARTA AGUS SALIM Jl. H. Agus Salim No. 59 A Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
Jl. Palmerah Barat No. 38 A Blok 5-6 Grogol Utara Jakarta
31 BDI JAKARTA PALMERAH JAKARTA West Jakarta
Barat DKI Jakarta
Wisma 46 Kota Bni Lt. Dasar Jl. Jend. Sudirman Kav. 1
32 BDI JAKARTA WISMA BNI JAKARTA Central Jakarta
Jakarta Pusat DKI Jakarta
33 BDI JAKARTA KALIBATA Kalibata Tengah Blok I F-G Jakarta Selatan DKI Jakarta JAKARTA South Jakarta
Ruko Graha 99 Jl Margonda Raya RT 008/03 No.99 Kemiri
34 BDI JAKARTA DEPOK MARGONDA WEST JAVA Depok City
Muka Kota Depok Jawa Barat
Jalan Panglima Polim Raya No 59 Rt/Rw : 007/004
35 BDI JAKARTA PANGLIMA POLIM Kelurahan Melawai Kecamatan Kebayoran Baru Jakarta JAKARTA South Jakarta
Selatan DKI Jakarta
Cyber 2 Tower Level Ground Floor Unit B 2 Jl. Hr. Rasuna
36 BDI JAKARTA CYBER 2 JAKARTA South Jakarta
Said Blok X-5 No. 13 Kuningan Jakarta Selatan DKI Jakarta
Gd. Bej Tower 2 Lt.1 Jl. Jend. Sudirman Kav.52+53 Jakarta
37 BDI JAKARTA MENARA BEJ JAKARTA South Jakarta
Selatan DKI Jakarta
Jl. Cinere Raya Kav. 48-49 A Cinere Jakarta Selatan DKI
38 BDI JAKARTA CINERE JAKARTA South Jakarta
Jakarta
Jl. RS. Fatmawati No. 24 Cipete Utara Jakarta Selatan DKI
39 BDI JAKARTA FATMAWATI IC JAKARTA South Jakarta
Jakarta
40 BDI JAKARTA KEMANG Jl. Kemang Raya 4 Jakarta Selatan DKI Jakarta JAKARTA South Jakarta
BDI JAKARTA PONDOK INDAH Pondok Indah Mall 2 Lt.Dasar No.G 34 B Pondok Indah
41 JAKARTA South Jakarta
MALL Jakarta Selatan DKI Jakarta
Jl. Nikel Blok D No. 23-24 Permata Hijau Jakarta Selatan
42 BDI JAKARTA PERMATA HIJAU JAKARTA South Jakarta
DKI Jakarta
Komplek Pertokoan Pondok Indah Blok Ua No. 1 Jl. Metro
43 BDI JAKARTA PONDOK INDAH JAKARTA South Jakarta
Duta Pondok Indah Jakarta Selatan DKI Jakarta
Sudirman Plz Indofood Tower.Jl Jend Sudirman Kav 76-78
44 BDI JAKARTA SUDIRMAN PLAZA JAKARTA South Jakarta
Jakarta Selatan DKI Jakarta
Jl. Prof. Dr. Supomo No. 55 Tebet Jakarta Selatan DKI
45 BDI JAKARTA SUPOMO JAKARTA South Jakarta
Jakarta
46 BDI JAKARTA WARUNG BUNCIT Jl. Warung Buncit Raya No. 107 Jakarta Selatan DKI Jakarta JAKARTA South Jakarta
Trinity Tower Lantai Dasar Suite 0101. Jl. H.R. Rasuna Said
47 BDI JAKARTA TRINITY TOWER Kav. C22 Blok Iib Kec. Setiabudi Kel. Karet Kuningan Jakarta JAKARTA South Jakarta
Selatan DKI Jakarta
Ruko Cibinong City Center Blok A.25 Kel. Pakansari Kec.
48 BDI CIBINONG CITY CENTER WEST JAVA Bogor Regency
Cibinong Kab. Bogor Jawa Barat
49 BDI BOGOR - SURYAKENCANA Jl. Suryakencana No. 331 Kota Bogor Jawa Barat WEST JAVA Bogor City
Jl. KH Abdullah Syafei No. 127 ATebet Jakarta Selatan DKI
50 BDS LAPANGAN ROS JAKARTA South Jakarta
Jakarta
51 BDI JAKARTA MATRAMAN Jl. Matraman Raya No. 52 Jakarta Timur DKI Jakarta JAKARTA East Jakarta
52 BDI JAKARTA GAJAH MADA Jl. Gajah Mada No. 90 A Jakarta Barat DKI Jakarta JAKARTA Central Jakarta
Ruko Plaza Menteng Blok A No. 25 Rt 03/Rw.09 Desa Cibatu
53 BDI BEKASI LIPPO CIKARANG Kec. Lemahabang (Cikarang Selatan) Kab. Bekasi Jawa WEST JAVA Bekasi Regency
Barat
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BDI JAKARTA CIBUBUR TIMES Jl. Transyogi Km.3 Komp.Rukan Cibubur Times Square Blok
54 WEST JAVA Bekasi Regency
SQUARE B1 No.10 Cibubur Kab. Bekasi Jawa Barat
55 BDI JAKARTA GUNUNG SAHARI Jl. Gunung Sahari Raya No. 49 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
Komp Ruko Sentra Niaga Boulevard HijauPerumahan
56 BDI BEKASI HARAPAN INDAH Harapan Indah Blok Sn 2 No 16 -17 Medan Satria Kab. WEST JAVA Bekasi Regency
Bekasi Jawa Barat
Jl. Kh. Hasyim Ashari No. 21 & 21A Jakarta Pusat DKI
57 BDI JAKARTA HASYIM ASHARI JAKARTA Central Jakarta
Jakarta
58 BDI BEKASI JUANDA Jl. Ir. H. Juanda No. 159 Kota Bekasi Jawa Barat WEST JAVA Bekasi City
Jl. Tarum Barat Hi No. 1 Kalimalang Jakarta Timur DKI
59 BDI JAKARTA KALIMALANG TARUM JAKARTA East Jakarta
Jakarta
60 BDI JAKARTA PECENONGAN Jl. Pecenongan Raya No. 5 B-C Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
Rukan Pondok Gede Plaza Blok D No 1 S/D 2 P.Gede Bekasi
61 BDI JAKARTA PONDOK GEDE JAKARTA East Jakarta
Rt 04/01 Jatiwaringin Jakarta Timur DKI Jakarta
BDI JAKARTA TANAH ABANG Jl. Fachrudin 36 Blok A No. 56-57 Tanah Abang Jakarta
62 JAKARTA Central Jakarta
FACHRUDIN Pusat DKI Jakarta
Jl. Tuparev Komplek Karawang Plaza Ruko No. 5-6 Kab. Karawang
63 BDI KARAWANG TUPAREV WEST JAVA
Karawang Jawa Barat Regency
64 BDI JAKARTA ABDUL MUIS Jl Abdul Muis No 60 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
65 BDI JAKARTA CIKINI Jl. Cikini Raya No. 71 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
66 BDI JAKARTA SURYOPRANOTO 2 Jl. Suryopranoto No.75 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
67 BDI JAKARTA JATINEGARA IC Jl. Jatinegara Barat No. 135 Jakarta Timur DKI Jakarta JAKARTA East Jakarta
Plaza Kenari Mas Lantai 4 (P1) No.Unit K 001. Jl.Kramat
68 BDI JAKARTA PLAZA KENARI MAS JAKARTA Central Jakarta
Raya No.101 Jakarta Pusat DKI Jakarta
69 BDI JAKARTA PASAR BARU Jl. Pasar Baru Selatan No. 16 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
BDI JAKARTA PEGAMBIRAN Jl. Peggambiran No. 33-D Rawamangun Jakarta Timur DKI
70 JAKARTA East Jakarta
ARTOMORO Jakarta
BDI JAKARTA PULO GADUNG
71 PTC Pulogadung Blok I No.008 Jakarta Timur DKI Jakarta JAKARTA East Jakarta
TRADE CENTER
Jl. K.H Hasyim Ashari Blok C 2 No. 6 & 7 Jakarta Pusat DKI
72 BDI JAKARTA ROXY MAS JAKARTA Central Jakarta
Jakarta
Pusat Grosir Senen Jaya Lt.3 Rtu L3 / C9 -9 Jl. Senen Raya
73 BDI JAKARTA SENEN JAKARTA Central Jakarta
Kel.Senen Kec.Senen Jakarta Pusat DKI Jakarta
BDI BEKASI TAMAN GALAXY RAYA Jl. Taman Galaxy Raya No. 12 AD Bekasi Selatan Kab. Bekasi
74 WEST JAVA Bekasi Regency
IC Jawa Barat
BDI JAKARTA TANAH ABANG BLOK Pasar Regional Tanah Abang Blok A Basement 2 No. 67 A-B
75 JAKARTA Central Jakarta
A Los F Jakarta Pusat DKI Jakarta
Jl. Pinang Sia Raya Komplek Ruko Glodok Plaza Blok A No.
76 BDI JAKARTA GLODOK PLAZA 1 JAKARTA West Jakarta
26-28 Jakarta Barat DKI Jakarta
Jl. Mangga Besar Raya No. 42 A-B Jakarta Barat DKI
77 BDI JAKARTA MANGGA BESAR JAKARTA West Jakarta
Jakarta
78 BDI JAKARTA TAMAN SARI Jl. Tamansari Raya No. 53 A Jakarta Barat DKI Jakarta JAKARTA West Jakarta
Jl. Tomang Raya No. 51 C-D Blok Mm Kav. 557 Jakarta Barat
79 BDI JAKARTA TOMANG RAYA JAKARTA West Jakarta
DKI Jakarta
80 BDI JAKARTA SAMANHUDI Jl Samanhudi No 81 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
81 BDI JAKARTA - WAHID HASYIM Jl. Wahid Hasyim No. 171 Jakarta Pusat DKI Jakarta JAKARTA Central Jakarta
BDI BEKASI - KALIMALANG Kalimalang Commercial Center Blok A6/8 Jl. Ahmad Yani
82 WEST JAVA Bekasi City
COMMERCIAL CENTER Kota Bekasi Jawa Barat
Sentra KIIC Lantai 1 Jl. Permata Raya Blok Lot C-A1 Karawang
83 BDI KARAWANG KIIC WEST JAVA
Karawang Barat Kab. Karawang Jawa Barat Regency
Jl Raya Bogor No. 2 KM.22 Kel. Rambutan Kec. Ciracas
84 BDS CIRACAS JAKARTA East Jakarta
Jakarta Timur DKI Jakarta
Jl. Pattimura No.2-4 Telukbetung Kota Bandar Lampung Bandar
85 BDI TELUK BETUNG PATTIMURA LAMPUNG
Lampung Lampung City
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Jl. Sutera Niaga I/17 Komplek Alam Sutera Serpong Kota Tangerang
86 BDI TANGERANG ALAM SUTRA BANTEN
Tangerang Selatan Banten Selatan City
Komp. Rukan Bintaro Jaya Sektor Iii A Blok A No. 8-10 Tangerang
87 BDI TANGERANG BINTARO III BANTEN
Bintaro Kota Tangerang Selatan Banten Selatan City
88 BDI TANGERANG DAAN MOGOT Jl. Daan Mogot No. 48 Kota Tangerang Banten BANTEN Tangerang City
Ruko Green Garden Blok I / 9 No. 18 Jakarta Barat DKI
89 BDI JAKARTA GREEN GARDEN JAKARTA West Jakarta
Jakarta
Jl. Kartini No.182 Tanjung Karang Kota Bandar Lampung Bandar
90 BDI TANJUNG KARANG KARTINI LAMPUNG
Lampung Lampung City
BDI JAKARTA KEBON JERUK Jl. Raya Meruya Ilir Komplek Intercon Plaza Blok A 1-2
91 JAKARTA West Jakarta
INTERCON Kebon Jeruk Jakarta Barat DKI Jakarta
92 BDI CILEGON S. A. TIRTAYASA Jl. Sultan Agung Tirtayasa No. 145 Kota Cilegon Banten BANTEN Cilegon City
Komplek Pasar Sumur Bandung Blok B No 15 -16
93 BDI METRO SUMUR BANDUNG Lingkungan III RT 012 Rw 005 Metro Pusat Kota Metro LAMPUNG Metro City
Lampung
BDI JAKARTA TAMAN PALEM Rukan Taman Palem Lestari Blok A Ii No. 33 Jl. Kamal Raya
94 JAKARTA West Jakarta
LESTARI Outer Ring Road Cengkareng Jakarta Barat DKI Jakarta
95 BDI JAKARTA TANJUNG DUREN Jl. Tanjung Duren Raya No. 62 Jakarta Barat DKI Jakarta JAKARTA West Jakarta
Komplek Citra Garden Ii Blok I-I No. 12A Jakarta Barat DKI
96 BDI JAKARTA CITRA GARDEN II JAKARTA West Jakarta
Jakarta
Pringsewu
97 BDI PRINGSEWU A.YANI Jl. Ahmad Yani No.65 Kab. Pringsewu Lampung LAMPUNG
Regency
Jl. Raya Serpong BSD Commercial I Blok 201 Bsd Sektor Vi South
98 BDI TANGERANG BSD BANTEN
Kota Tangerang Selatan Banten Tangerang City
Perumahan Citra Raya Blok L1 Cikupa Kab. Tangerang Tangerang
99 BDI TANGERANG CIKUPA BANTEN
Banten Regency
Jl.Komplek Ruko Taman Semanan Indah Blok C - 26 Duri
100 BDI JAKARTA DURI KOSAMBI JAKARTA West Jakarta
Kosambi Jakarta Barat DKI Jakarta
BDI TANGERANG GADING Jl. Blv Gading Serpong Alexandrite 3/9 Kota Tangerang South
101 BANTEN
SERPONG Selatan Banten Tangerang City
Komplek Green Ville Blok AY No. 20 Jakarta Barat DKI
102 BDI JAKARTA GREEN VILLE JAKARTA West Jakarta
Jakarta
Jl. Puri Indah Raya Blok I No. 41 Pesanggrahan Jakarta Barat
103 BDI JAKARTA PURI INDAH JAKARTA West Jakarta
DKI Jakarta
Ruko Puri Niaga 3 Blok M8 - 1APuri Kencana Jakarta Barat
104 BDI JAKARTA PURI KENCANA IC JAKARTA West Jakarta
DKI Jakarta
Jl. Maulana Hasanuddin Serang Plaza Blok I No. 5-6-7 Kota
105 BDI CILEGON SERANG BANTEN Serang City
Serang Banten
BDI TANGERANG SUPERMALL Unit FF 59 A Supermall Karawaci Jl. Bulevar Diponegoro Tangerang
106 BANTEN
KARAWACI Lippo Karawaci Kab. Tangerang Banten Regency
Roseville Soho & Suite Sunburst Cbd Lot I.8 Bsd City
Rukan Unit F Jl. Kapten Soebianto Djojohadikusumo Rw 08 South
107 BDI TANGERANG ROSEVILLE BANTEN
Lengkong Gudang Kec. Serpong Kota Tangerang Selatan Tangerang City
Banten
Jl. Jalur Sutera 29 D No. 21 Pakualam Kec. Serpong Utara South
108 BDI TANGERANG ALAM SUTRA 2 IC BANTEN
Kota Tangerang Selatan Banten Tangerang City
Ruko Sol Marina Blok A No.1 Kel. Gandasari Kec. Jatiuwung
109 BDI TANGERANG JATIUWUNG BANTEN Tangerang City
Kota Tangerang Banten
110 BDI BANDUNG MERDEKA Jl. Merdeka No. 40 Kota Bandung Jawa Barat WEST JAVA Bandung City
111 BDI CIREBON YOS SUDARSO Jl. Yos Sudarso No. 2 Kota Cirebon Jawa Barat WEST JAVA Cirebon City
Tasikmalaya
112 BDI TASIKMALAYA YUDA NEGARA Jl. Yudanegara No.40 Kota Tasikmalaya Jawa Barat WEST JAVA
City
113 BDI BANDUNG A YANI Jl. Ahmad Yani No. 638 Kota Bandung Jawa Barat WEST JAVA Bandung City
114 BDI SUKABUMI A YANI Jl. Jend. Ahmad Yani No. 30 Kota Sukabumi Jawa Barat WEST JAVA Sukabumi City
115 BDI BANDUNG ASIA AFRIKA Jl. Asia Afrika No. 180 Kota Bandung Jawa Barat WEST JAVA Bandung City
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Jl. Raya Cibabat No.349 Cigugur Tengah Kota Cimahi Jawa
116 BDI CIMAHI CIBABAT WEST JAVA Cimahi City
Barat
Cianjur
117 BDI CIANJUR COKROAMINOTO Jl. Hos. Cokroaminoto No.36 Kab. Cianjur Jawa Barat WEST JAVA
Regency
118 BDI BANDUNG KOPO Jl. Kopo No.26 Kota Bandung Jawa Barat WEST JAVA Bandung City
Purwakarta
119 BDI PURWAKARTA MARTADINATA Jl. Re Martadinata No. 7 Kab. Purwakarta Jawa Barat WEST JAVA
Regency
Jl. Otto Iskandardinata No 55. Kel. Karanganyar Kec. Subang Subang
120 BDI SUBANG OTISTA WEST JAVA
Kab. Subang Jawa Barat Regency
121 BDI BANDUNG SETIA BUDI Jl. Dr. Setiabudi 62 Kota Bandung Jawa Barat WEST JAVA Bandung City
Komp. Taman Kopo Indah Ruko 2 & 3 Kab. Bandung Jawa Bandung
122 BDI BANDUNG KOPO SAYATI WEST JAVA
Barat Regency
123 BDI BANDUNG BUAH BATU IC Jl. Buah Batu No. 166 Kota Bandung Jawa Barat WEST JAVA Bandung City
Jl. Jamika No. 11 A Kel. Jamika Kec. Bojongloa Kaler Kota
124 BDI BANDUNG JAMIKA WEST JAVA Bandung City
Bandung Jawa Barat
125 BDI BANDUNG JUANDA Jl. Ir Juanda No.64 Kota Bandung Jawa Barat WEST JAVA Bandung City
BDI BANDUNG TAMAN KOPO
126 Taman Kopo Indah Ii 1B No.26 Kota Bandung Jawa Barat WEST JAVA Bandung City
INDAH II
127 BDI BANDUNG SUNIARAJA Jl. Suniaraja No. 57 - 59 Kota Bandung Jawa Barat WEST JAVA Bandung City
128 BDI BANDUNG PAJAJARAN Jl. Pajajaran No. 151 Kota Bandung Jawa Barat WEST JAVA Bandung City
129 BDI BANDUNG PASIRKALIKI 2 Jalan Pasirkaliki No. 150 C Kota Bandung Jawa Barat WEST JAVA Bandung City
Komp. Pertokoan Sumber Sari Indah T9 Jl. Sumber Sari
130 BDI BANDUNG SUMBER SARI 2 WEST JAVA Bandung City
Indah Kota Bandung Jawa Barat
131 BDI BANDUNG SUDIRMAN Jl. Jenderal Sudirman No. 30-32 Kota Bandung Jawa Barat WEST JAVA Bandung City
Ruko Pancawarna – Kota Baru Parahyangan Jl.
BDI BANDUNG KOTA BARU West Bandung
132 Bujanggamanik Blok D - No. 79 Kel. Kertajaya Kec. WEST JAVA
PARAHYANGAN Regency
Padalarang Kab. Bandung Barat Bandung Jawa Barat
133 BDS BANDUNG MERDEKA Jl. Merdeka No. 40 Kota Bandung Jawa Barat WEST JAVA Bandung City
BDI YOGYAKARTA JALAN
Jl Magelang No 93 Desa Sinduadi Kecamatan Mlati Kab. SPECIAL REGION Sleman
134 MAGELANG (dh BDI YOGYAKARTA
Sleman Yogyakarta OF YOGYAKARTA Regency
DIPONEGORO)
135 BDI SEMARANG PEMUDA Jl. Pemuda No. 175 Kota Semarang Jawa Tengah CENTRAL JAVA Semarang City
Jl. Jend. Sudirman No. 183 Purwokerto Kab. Banyumas Banyumas
136 BDI PURWOKERTO SUDIRMAN CENTRAL JAVA
Jawa Tengah Regency
Jl. Urip Sumoharjo No. 91 Kelurahan Kepatihan Wetan Surakarta/Solo
137 BDI SOLO URIP SUMOHARJO CENTRAL JAVA
Kecamatan Jebres Kota Surakarta / Solo Jawa Tengah City
138 BDI KUDUS A YANI Jl. A. Yani No. 77 Kab. Kudus Jawa Tengah CENTRAL JAVA Kudus City
Jl. Brigjen Katamso No.190 Gondomanan Kota Yogyakarta SPECIAL REGION
139 BDI YOGYAKARTA GONDOMANAN Yogyakarta City
Yogyakarta OF YOGYAKARTA
140 BDI MAGELANG PEMUDA Jl. Pemuda No.135 Kab. Klaten Jawa Tengah CENTRAL JAVA Magelang City
141 BDI KLATEN PEMUDA Jl. Pemuda Utara No.135 Kab. Klaten Jawa Tengah CENTRAL JAVA Klaten Regency
Jl. Puri Anjasmoro G 1 No. 36 Kel. Tawangsari Kec.
142 BDI SEMARANG PURI ANJASMORO CENTRAL JAVA Semarang City
Semarang Barat Kota Semarang Jawa Tengah
Jl. Slamet Riyadi No.312 Kelurahan Sriwedari Kecamatan Surakarta/Solo
143 BDI SOLO SLAMET RIYADI CENTRAL JAVA
Laweyan Kota Surakarta / Solo Jawa Tengah City
144 BDI SEMARANG SUARI Jl. Suari No.17A Kota Semarang Jawa Tengah CENTRAL JAVA Semarang City
Cilacap
145 BDI CILACAP SUDIRMAN Jl. Jend Sudirman No.21 Kab. Cilacap Jawa Tengah CENTRAL JAVA
Regency
Purbalingga
146 BDI PURBALINGGA SUDIRMAN Jl. Jend Sudirman No.111 Kab. Purbalingga Jawa Tengah CENTRAL JAVA
Regency
147 BDI SALATIGA SUDIRMAN Jl. Jend. Sudirman No.170 Kota Salatiga Jawa Tengah CENTRAL JAVA Salatiga City
Wonosobo
148 BDI WONOSOBO SUMBING Jl. Sumbing 22 Kab. Wonosobo Jawa Tengah CENTRAL JAVA
Regency
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Jl. Kiayi Haji Ahmad Dahlan No. 60 Kab. Purworejo Jawa Purworejo
149 BDI PURWOREJO AHMAD DAHLAN CENTRAL JAVA
Tengah Regency
Jl. Mt Haryono Bangkong Plaza C-2 Kota Semarang Jawa
150 BDI SEMARANG BANGKONG CENTRAL JAVA Semarang City
Tengah
Komp. Citraland. Jl. Anggrek Raya Kav 23-25 Kota
151 BDI SEMARANG CITRALAND IC CENTRAL JAVA Semarang City
Semarang Jawa Tengah
152 BDI SEMARANG GG TENGAH Gang Tengah No. 77 Kota Semarang Jawa Tengah CENTRAL JAVA Semarang City
Rembang
153 BDI REMBANG KARTINI IC Jl. Kartini No. 23. Kab. Rembang Jawa Tengah CENTRAL JAVA
Regency
Jl. Majapahit Ruko Gayamsari Blok A3 Kota Semarang Jawa
154 BDI SEMARANG MAJAPAHIT CENTRAL JAVA Semarang City
Tengah
Jl. MT Haryono Nomor 427–429 Blok A7 RT 001 RW 001
155 BDI SEMARANG MT HARYONO CENTRAL JAVA Semarang City
Kota Semarang Jawa Tengah
Jepara
156 BDI JEPARA PATIMURA IC Jl. Patimura Ruko Blok A2 Kab. Jepara Jawa Tengah CENTRAL JAVA
Regency
157 BDI PATI PEMUDA IC Jl. Pemuda No. 239 C Kab. Pati Jawa Tengah CENTRAL JAVA Pati Regency
Grobogan
158 BDI PURWODADI R. SUPRAPTO IC Jl. R Soeprapto 66 Purwodadi Kab. Grobogan Jawa Tengah CENTRAL JAVA
Regency
Jl Ir. Soekarno Blok C Kel. Madeondo Kec. Grogol Sukoharjo Sukoharjo
159 BDI SUKOHARJO IR SOEKARNO CENTRAL JAVA
Kab. Sukoharjo Jawa Tengah Regency
160 BDI SEMARANG SETIABUDI Jl . Setiabudi No 119 Kota Semarang Jawa Tengah CENTRAL JAVA Semarang City
161 BDI JUWANA SILUGONGGONG Jl. Silugonggong No. 12 Juwana Kab. Pati Jawa Tengah CENTRAL JAVA Pati Regency
BDI TEMANGGUNG TENTARA Jl. Tentara Pelajar No. 6 Kec. Temanggung Kab. Temanggung
162 CENTRAL JAVA
PELAJAR IC Temanggung Jawa Tengah Regency
SPECIAL REGION
163 BDI YOGYAKARTA URIP S. Jl. Urip Sumohardjo 123 Kota Yogyakarta Yogyakarta Yogyakarta City
OF YOGYAKARTA
Jl. Yos Sudarso No. 428 Gombong Kab. Kebumen Jawa Kebumen
164 BDI GOMBONG YOS SUDARSO CENTRAL JAVA
Tengah Regency
Pekalongan
165 BDI PEKALONGAN H WURUK Jl. Hayam Wuruk No.11A Kota Pekalongan Jawa Tengah CENTRAL JAVA
City
166 BDI TEGAL SUDIRMAN Jl. Jend Sudirman No.11A Kota Tegal Jawa Tengah CENTRAL JAVA Tegal City
Jl. Slamet Riyadi No.312 Kelurahan Sriwedari Kecamatan Surakarta/Solo
167 BDS SOLO SLAMET RIYADI CENTRAL JAVA
Laweyan Kota Surakarta / Solo Jawa Tengah City
168 BDI KEDIRI BRAWIJAYA Jl. Brawijaya No.33 Kota Kediri Jawa Timur EAST JAVA Kediri City
Jember
169 BDI JEMBER GAJAH MADA Jl. Gajah Mada No. 84 Kab. Jember Jawa Timur EAST JAVA
Regency
170 BDI SURABAYA GUBERNUR SURYO Jl. Gubernur Suryo No.12 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
171 BDI MALANG KAWI Jl. Kawi No. 15 Kota Malang Jawa Timur EAST JAVA Malang City
172 BDI SURABAYA KEDUNGDORO 2 Jl. Kedungdoro No. 95 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
Banyuwangi
173 BDI BANYUWANGI A YANI Jl. Jend A. Yani No.41 Kab. Banyuwangi Jawa Timur EAST JAVA
Regency
Sidoarjo
174 BDI SIDOARJO A YANI Jl. A. Yani No.7 Kab. Sidoarjo Jawa Timur EAST JAVA
Regency
175 BDI SURABAYA COKLAT Jl. Coklat No. 8 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
176 BDI MADIUN COKROAMINOTO Jl. Hos Cokroaminoto 124-126 Kota Madiun Jawa Timur EAST JAVA Madiun City
177 BDI SURABAYA DARMO Jl. Raya Darmo No. 59 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
178 BDI SURABAYA DHARMAHUSADA Jl. Dhramahusada No.168 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
179 BDI SURABAYA HR MUHAMMAD Jl. Hr Muhammad 86 C-D Kota Surabaya Jawa Timur EAST JAVA Surabaya City
180 BDI SURABAYA JEMUR ANDAYANI Jl. Jemur Andayani 46 B-C Kota Surabaya Jawa Timur EAST JAVA Surabaya City
181 BDI SURABAYA KAPAS KRAMPUNG Jl. Kapas Krampung No. 106 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
182 BDI GRESIK KARTINI Jl. R.A. Kartini No. 236/5 Kab. Gresik Jawa Timur EAST JAVA Gresik Regency
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Tulungagung
183 BDI TULUNG AGUNG KASIHIN Jl. Kapten Kasihin No. 157 Kab. Tulungagung Jawa Timur EAST JAVA
Regency
184 BDI SURABAYA KEMBANG JEPUN Jl.Kembang Jepun No.43 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
Jombang
185 BDI JOMBANG KH HASYIM Jl. Kh Wahid Hasyim 121 Kab. Jombang Jawa Timur EAST JAVA
Regency
186 BDI SURABAYA KLAMPIS Jl. Klampis Jaya No.136 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
187 BDI SURABAYA MARGOREJO INDAH Jl.Margorejo Indah No.90 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
BDI SURABAYA MAYJEN
188 Jl. Mayjen Sungkono No.75 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
SUNGKONO
189 BDI BLITAR MERDEKA Jl. Merdeka 28 Kav.4-5 Kota Blitar Jawa Timur EAST JAVA Blitar City
Jl. Mojopahit No. 282 Kel. Mentikan Kec. Prajurit Kulon Kota
190 BDI MOJOKERTO SUDIRMAN EAST JAVA Mojokerto City
Mojokerto Jawa Timur
Kawasan Central Niaga Pandaan Kav. 7-8 Lk. Petungwulung
Pasuruan
191 BDI PASURUAN PANDAAN Rt. 05 Rw. 06 Kelurahan Petungsari Kecamatan Pandaan EAST JAVA
Regency
Kab. Pasuruan Jawa Timur
Jl. Raya Margomulyo No. 9 Blok Aa No. 10 Kel. Balongsri
192 BDI SURABAYA MARGOMULYO EAST JAVA Surabaya City
Kec. Tandes Kota Surabaya Jawa Timur
Bojonegoro
193 BDI BOJONEGORO SUROPATI Jl. Untung Suropati No. 26 Kab. Bojonegoro Jawa Timur EAST JAVA
Regency
194 BDI MALANG SUTAN SYAHRIR Jl. Sutan Syahrir No.15 Kota Malang Jawa Timur EAST JAVA Malang City
Pamekasan
195 BDI PAMEKASAN TRUNOJOYO Jl. Trunojoyo No. 63 Kab. Pamekasan Jawa Timur EAST JAVA
Regency
196 BDI SURABAYA DIPONEGORO Jl. Diponegoro No. 160 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
197 BDI SURABAYA KERTAJAYA IC Jl. Kertajaya No. 141 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
198 BDI SURABAYA MULYOSARI Jl. Raya Mulyosari 134 Pb 14 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
199 BDI SURABAYA PASAR TURI Komp. Sinar Galaxy B-70 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
Komplek Ruko Promenade No 5 Jl Ir. Soekarno Hatta No. 5
200 BDI SURABAYA MERR EAST JAVA Surabaya City
Kedung Baruk Rungkut Kota Surabaya Jawa Timur
201 BDS SURABAYA DIPONEGORO Jl. Diponegoro No. 160 Kota Surabaya Jawa Timur EAST JAVA Surabaya City
202 BDI DENPASAR GUNUNG AGUNG Jl. Gunung Agung No. 1 A Kota Denpasar Bali BALI Denpasar City
WEST NUSA
203 BDI MATARAM PEJANGGIK Jl. Pejanggik 117 Kota Mataram Nusa Tenggara Barat Mataram City
TENGGARA
EAST NUSA
204 BDI KUPANG SUMATERA Jl. Sumatera No. 43 Kota Kupang Nusa Tenggara Timur Kupang City
TENGGARA
Buleleng
205 BDI SINGARAJA A YANI Jl. A. Yani No. 46 Singaraja Kab Bulelelng Bali BALI
Regency
Jl. Ir Soekarno Hatta RT 008 Rw 003 Kelurahan Taruga WEST NUSA
206 BDI BIMA SOEKARNO HATTA Bima City
Kecamatan Rasanae Barat Kab. Bima Nusa Tenggara Barat TENGGARA
207 BDI DENPASAR DIPONEGORO Jl. Diponegoro No. 137 Kota Denpasar Bali BALI Denpasar City
Jl. Diponegoro No. 26 Kel. Bugis Kec. Sumbawa Kab. WEST NUSA Sumbawa
208 BDI SUMBAWA DIPONEGORO
Sumbawa Nusa Tenggara Barat TENGGARA Regency
Jl. Gajah Mada No.9 Desa Delod Peken Kecamatan Tabanan
209 BDI TABANAN GAJAH MADA BALI
Tabanan Kab. Tabanan Bali Regency
210 BDI DENPASAR GATOT SUBROTO Jl. Gatot Subroto No.79 Kota Denpasar Bali BALI Denpasar City
BDI BADUNG GATOT SUBROTO Badung
211 Jl. Gatot Subroto Barat 354 Kab. Badung Bali BALI
BARAT Regency
212 BDI DENPASAR HAYAM WURUK Jl. Hayam Wuruk No. 246 Kota Denpasar Bali BALI Denpasar City
Badung
213 BDI KUTA LEGIAN Jl. Raya Legian No. 87 Kuta Kab. Badung Bali BALI
Regency
Jl. Adi Sucipto 88A Ruteng Kab. Manggarai Nusa Tenggara EAST NUSA Manggarai
214 BDI MANGGARAI ADI SUCIPTO
Timur TENGGARA Regency
Jembrana
215 BDI NEGARA NGURAH RAI Jl. Ngurah Rai No. 101 Negara Kab. Jembrana Bali BALI
Regency
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Jl. Raya Centis No. 19 Maumere Kab. Sikka Nusa Tenggara EAST NUSA
216 BDI MAUMERE RAYA CENTIS Sikka Regency
Timur TENGGARA
EAST NUSA
217 BDI ENDE SOEKARNO Jl. Soekarno No. 77 Kab. Ende Nusa Tenggara Timur Ende Regency
TENGGARA
Jl. Jendral Sudirman No. 22, Atambua, Kab. Belu, Nusa EAST NUSA
218 BDI ATAMBUA SUDIRMAN Belu Regency
Tenggara Timur, 85711 TENGGARA
Jl. Sandubaya No 35. Bertais Sweta Kota Mataram Nusa WEST NUSA
219 BDI SWETA TEGUH FAISAL Mataram City
Tenggara Barat TENGGARA
Gianyar
220 BDI UBUD CAMPUAN Jl. Ida Bagus Manik Peliatan - Ubud Bali BALI
Regency
Gianyar
221 BDI GIANYAR DHARMA GIRI IC Jl. Dharma Giri No. 21 Kab. Gianyar Bali BALI
Regency
Jl. Raya Kerobokan Desa Kerobokan Kelurahan Badung Kec. Gianyar
222 BDI BADUNG KEROBOKAN BALI
Kuta Utara Kab. Badung Bali Regency
Jl. By Pass Ngurah Rai 100C Kel. Mumbul/Bualu Kec. Kuta Badung
223 BDI BADUNG NGURAH RAI BALI
Selatan Kab. Badung Bali Regency
224 BDS DENPASAR GUNUNG AGUNG Jl. Gunung Agung No. 1 A Kota Denpasar Bali BALI Denpasar City
225 BDI SIBOLGA IMAM BONJOL Jl. Imam Bonjol No.63 Kota Sibolga Sumatera Utara NORTH SUMATRA Sibolga City
226 BDI MEDAN PUTRI HIJAU Jl. Putri Hijau No. 2 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
Pematang
227 BDI P.SIANTAR SUTOMO Jl. Sutomo No. 5 D/E Kota Pematang Siantar Sumatera Utara NORTH SUMATRA
Siantar City
Bank Duta Building Nagoya Jl.Imam Bonjol Nagoya Batam
228 BDI BATAM NAGOYA RIAU ISLANDS Batam City
Kota Batam Kepulauan Riau
229 BDI MEDAN BINJAI Jl. Jend. Sudirman No.60 Kota Binjai Sumatera Utara NORTH SUMATRA Binjai City
230 BDI MEDAN DIPONEGORO Jl. P. Diponegoro No. 35 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
Jl. Kh Ahmad Dahlan No.94 Rantau Prapat Kab. Labuhan Labuhan Batu
231 BDI RANTAU PRAPAT A DAHLAN NORTH SUMATRA
Batu Sumatra Utara Regency
BDI TANJUNG BALAI Jl. Cokroaminoto 48 A Tj. Balai Asahan Kota Tanjung Balai Tanjung Balai
232 NORTH SUMATRA
COKROAMINOTO Sumatera Utara City
Jl . Sutomo No. 85 Lubuk Pakam Kab. Deli Serdang Deli Serdang
233 BDI DELI SERDANG SUTOMO NORTH SUMATRA
Sumatra Utara Regency
Jl Imam Bonjol No.145 - 147 Kisaran Timur Kab. Asahan Asahan
234 BDI KISARAN IMAM BONJOL NORTH SUMATRA
Sumatra Utara Regency
235 BDI MEDAN ISKANDAR MUDA Jl. Iskandar Muda No.226-230 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
236 BDI MEDAN KRAKATAU Jl.Krakatau No.127 - 127A Kota Medan Sumatera Utara NORTH SUMATRA Medan City
BDI PADANG SIDEMPUAN Padang
237 Jl. Merdeka No.22 Kota Padang Sidempuan Sumatera Utara NORTH SUMATRA
MERDEKA Sidempuan City
238 BDI MEDAN PANDU Jl. Pandu 41/70 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
239 BDI MEDAN PEMUDA Jl. Pemuda No. 5 A-D Kota Medan Sumatera Utara NORTH SUMATRA Medan City
Jl. Jend. Sudirman No. 158 Kel. Badak Bejuang Kec. Tebing Tinggi
240 BDI TEBING TINGGI SUDIRMAN NORTH SUMATRA
Rambutan Kota Tebing Tinggi Sumatera Utara City
241 BDI MEDAN THAMRIN Jl. Thamrin No.93-95 Medan - Sumatera Utara NORTH SUMATRA Medan City
Komp.Tomang Elok Blok Bb No.98 Seikambing Kota Medan
242 BDI MEDAN TOMANG ELOK NORTH SUMATRA Medan City
Sumatera Utara
Ruko Medan Asia Jl.Asia Indah Blok C No.10-11 Kel.
243 BDI MEDAN ASIA MEGA MAS NORTH SUMATRA Medan City
Sukaramai Ii Kec. Medan Area Kota Medan Sumatera Utara
Jl.Diponegoro No.143 Kel. Ilir Kec.Gunungsitoli Kab Nias
244 BDI GUNUNG SITOLI DIPONEGORO NORTH SUMATRA Nias Regency
Sumatera Utara
Jl. Brigjend Zein Hamid Km. 55 No. 12 C LK V Kelurahan
245 BDI MEDAN BRIGJEND ZEIN HAMID Titi Kuning Kecamatan Medan Johor Kota Medan Sumatera NORTH SUMATRA Medan City
Utara
Jl. Nibung Utama No.3-4 Kelurahan Petisah Tengah
246 BDI MEDAN PETISAH NORTH SUMATRA Medan City
Kecamatan Medan Barat Kota Medan Sumatera Utara
247 BDI MEDAN PUSAT PASAR Jl. Pusat Pasar No.P 187 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
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248 BDI MEDAN RAHMADSYAH Jl. Rahmadsyah No. 22 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
249 BDI MEDAN SETIA BUDI Jl.Setiabudi No.4 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
Jl. Pemuda No. 30 Tanjungpura Kab. Langkat Sumatera Langkat
250 BDI MEDAN TANJUNG PURA NORTH SUMATRA
Utara Regency
Komp. Ruko Cemara Asri No. 8D Jl. Boulevard Timur Kel. Deli Serdang
251 BDI MEDAN CEMARA ASRI NORTH SUMATRA
Sampali Kec. Percut Sei Tuan Kota Medan Sumatera Utara Regency
Langkat
252 BDI STABAT ZAINAL ARIFIN Jl. Zainal Arifin 774 Stabat Kab. Langkat Sumatera Utara NORTH SUMATRA
Regency
Jl. Raden Patah No. 15 A Lubuk Baja Kota Batam Kepulauan
253 BDI BATAM RADEN PATAH RIAU ISLANDS Batam City
Riau
Tanjung Pinang
254 BDI TANJUNG PINANG POS Jl. Ketapang No.49 Kota Tanjung Pinang Kepulauan Riau RIAU ISLANDS
City
Batu Lipai Jl. Raja Oesman Ruko No. 5 RT. 00l / RW 001. Kel.
Karimun
255 BDI KARIMUN PRAMUKA Baran Timur Kec. Meral Kab. Karimun Provinsi Kepulauan RIAU ISLANDS
Regency
Riau
Komplek Palm Spring Batam Center Blok D1 No. 8 Dan 9
256 BDI BATAM PALM SPRING RIAU ISLANDS Batam City
Kota Batam Kepulauan Riau
BDS LHOKSUMAWE Jl. Perdagangan No. 47-49 Lhokseumawe Kec. Banda Sakti Lhokseumawe
257 ACEH
PERDAGANGAN Kota Lhokseumawe Aceh City
Aceh Jeumpa/
258 BDS BIREUEN KOL. HUSEIN YUSUF Jl. Kolonel Husein Yusuf No. 1 Bireun Aceh ACEH Bireuen
Regency
259 BDSLANGSA TEUKU UMAR Jl. Teuku Umar No.114 Langsa Aceh ACEH Langsa City
Banda Aceh
260 BDS ACEH Jl. Sri Ratu Safiatuddin No.54 Nanggroe Aceh Darussalam ACEH
City
261 BDS MEDAN DIPONEGORO Jl. P. Diponegoro No. 35 Kota Medan Sumatera Utara NORTH SUMATRA Medan City
262 BDI BENGKULU S. PARMAN Jl. S. Parman No. 35 Kota Bengkulu Bengkulu BENGKULU Bengkulu City
263 BDI PADANG SUDIRMAN Jl. Jend. Sudirman No. 40 Kota Padang Sumatera Barat WEST SUMATRA Padang City
Jl. Jendral Sudirman No. 1129 Kelurahan 20 Ilir Kecamatan
264 BDI PALEMBANG SUDIRMAN SOUTH SUMATRA Palembang City
Ilir Timur I Kota Palembang Sumatera Selatan
265 BDI JAMBI SUTOMO Jl. Dr. Sutomo No. 40 Kota Jambi Jambi JAMBI Jambi City
266 BDI PEKANBARU WAHID HASYIM Jl. W Hasyim No. 2 Kota Pekanbaru Riau RIAU Pekanbaru City
267 BDI BUKITTINGGI A YANI Jl. A. Yani No.116F Kota Bukit Tinggi Sumatera Barat WEST SUMATRA Bukittinggi City
Jl. Akmal No.756 Rt/Rw. 015 / 006 Kelurahan Pasar Baru
Ogan Komering
268 BDI BATU RAJA AKMAL Kecamatan Batu Raja Timur Batu Raja Kab. Ogan Komering SOUTH SUMATRA
Ulu Regency
Ulu Sumatera Selatan
Jl. Basuki Rahmat No.897 C-D Kota Palembang Sumatera
269 BDI PALEMBANG BASUKI RAHMAT SOUTH SUMATRA Palembang City
Selatan
270 BDI PADANG BUNDO KANDUNG Jl. Bundo Kandung No. 23 Kota Padang Sumatera Barat WEST SUMATRA Padang City
BDI LUBUK LINGGAU YOS Jl. Yos Sudarso No.103 RT.001 Kel. Cereme Taba Kec. Lubuklinggau
271 SOUTH SUMATRA
SUDARSO Lubuklinggau Timur II Kota Lubuklinggau Sumatera Selatan City
Jl.Hr Subrantas Komp.Metropolitan City Blok A-6 Panam
272 BDI PEKANBARU HR SUBRANTAS RIAU Pekanbaru City
Kota Pekanbaru Riau
Jl. Gatot Subroto Komp. Kota Indah Blok A-B No.1 Jambi
273 BDI JAMBI KOTA INDAH JAMBI Jambi City
Kota Jambi Jambi
Tanjung
Jl. Nelayan No. 5 Kuala Tungkal Kab. Tanjung Jabung Barat
274 BDI JAMBI KUALA TUNGKAL JAMBI Jabung Barat
Jambi
Regency
Jl. Masjid Jamik No. 27 Kota Pangkal Pinang Bangka BANGKA Pangkal Pinang
275 BDI PANGKAL PINANG SUDIRMAN
Belitung BELITUNG City
276 BDI PEKANBARU RIAU Jl. Griya Ruko No. 1 & 2 Tampan Kota Pekanbaru Riau RIAU Pekanbaru City
Bengkalis
277 BDI DURI SUDIRMAN Jl. Sudirman No. 151-152 Duri Kab. Bengkalis Riau RIAU
Regency
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Rokan Hilir
278 BDI BAGAN BATU SUDIRMAN Jl.Jend Sudirman No.761 Bagan Batu Kab. Rokan Hilir Riau RIAU
Regency
279 BDI DUMAI SUKAJADI Jl. Diponegoro No. 81 A-B Kota Dumai Riau RIAU Dumai City
BDI PEKANBARU TUANKU
280 Jl.Tuanku Tambusai No.12 A Kota Pekanbaru Riau RIAU Pekanbaru City
TAMBUSAI
Jl.M.Boya Rt/Rw.01/11 Kel. Tembilahan Kab. Indragiri Hilir Indragiri Hilir
281 BDI INDRAGIRI HILIR M.BOYA RIAU
Riau Regency
282 BDI PALEMBANG MESJID LAMA Jl. Mesjid Lama No. 170 Kota Palembang Sumatera Selatan SOUTH SUMATRA Palembang City
BDI PEKANBARU SIMPANG PASAR Jl. M. Yatim No. 65 Rt/Rw 003/001 Kel. Kampung Dalam
283 RIAU Pekanbaru City
BAWAH Kec. Senapelan Kota Pekanbaru Riau
Jl. Jendral Sudirman No. 1129 Kelurahan 20 Ilir Kecamatan
284 BDS PALEMBANG SUDIRMAN SOUTH SUMATRA Palembang City
Ilir Timur I Kota Palembang Sumatera Selatan
CENTRAL Palangkaraya
285 BDI PALANGKARAYA A YANI Jl. A. Yani No. 82 Kota Palangkaraya Kalimantan Tengah
KALIMANTAN City
BDI BANJARMASIN LAMBUNG Jl. Lambung Mangkurat No. 50 Kota Banjarmasin SOUTH Banjarmasin
286
MANGKURAT Kalimantan Selatan KALIMANTAN City
EAST
287 BDI BALIKPAPAN SUDIRMAN Jl. Jend.Sudirman No. 54 Kota Balikpapan Kalimantan Timur Balikpapan City
KALIMANTAN
EAST
288 BDI SAMARINDA SUDIRMAN Jl. Jend. Sudirman No. 31 Kota Samarinda Kalimantan Timur Samarinda City
KALIMANTAN
WEST
289 BDI PONTIANAK TANJUNG PURA Jl. Tanjung Pura No. 102 Kota Pontianak Kalimantan Barat Pontianak City
KALIMANTAN
Jl. Mangga II. No. 4D RT. 016 RW. 00 Kel. Tanjung Redeb EAST
290 BDI TANJUNG REDEP MANGGA Berau Regency
Kec. Tanjung Redeb Kab. Berau Kalimantan Timur KALIMANTAN
Jl Pangeran Antasari No. 135 Rt/Rw 01/01 Desa Kampung
CENTRAL Kotawaringin
291 BDI PANGKALAN BUN ANTASARI Raja Kecamatan Arut Selatan Kab. Kotawaringin Barat
KALIMANTAN Barat Regency
Propinsi Kalimantan Tengah
Jl. Yos Sudarso II RT. 14 Sangatta Utara Kec. Sangatta Kab EAST Kutai Timur
292 BDI SANGATTA YOS SUDARSO
Kutai Timur Kalimantan Timur KALIMANTAN Regency
WEST Ketapang
293 BDI KETAPANG MERDEKA Jl. Merdeka No. 181 Kab. Ketapang Kalimantan Barat
KALIMANTAN Regency
Jl. Jend Ahmad Yani No. 2 Rt. 09 Kota Bontang Kalimantan EAST
294 BDI BONTANG A. YANI Bontang City
Timur KALIMANTAN
SOUTH Kota Baru
295 BDI KOTABARU PUTRI CIPTASARI Jl. Putri Ciptasari 8-10 Kab. Kota Baru Kalimantan Selatan
KALIMANTAN Regency
Jl. Yos Sudarso No.8A – 8B Kelurahan Karang Rejo EAST
296 BDI TARAKAN YOS SUDARSO Tarakan City
Kecamatan Tarakan Barat Kota Tarakan Kalimantan Utara KALIMANTAN
Jl. A.Yani Km. 2.5 No. 81 Kota Banjarmasin Kalimantan SOUTH Banjarmasin
297 BDI BANJARMASIN A YANI
Selatan KALIMANTAN City
SOUTH
298 BDI BANJAR BARU A. YANI Jl. A. Yani Km 34 No 31 Kota Banjarbaru Kalimantan Selatan Banjarbaru City
KALIMANTAN
Jl. Raya Batu Licin No. 2-3 Batu Licin Kab. Kota Baru SOUTH Kota Baru
299 BDI KOTABARU BATU LICIN
Kalimantan Selatan KALIMANTAN Regency
Jl. Mulawarman No. 27 RT 28 Kel. Pelabuhan Kec. EAST
300 BDI SAMARINDA MULAWARMAN Samarinda City
Samarinda Ilir Kota Samarina Kalimantan Timur KALIMANTAN
Jl. Khatulistiwa No. H- 99 Siantan Kab. Pontianak WEST Pontianak
301 BDI SIANTAN KHATULISTIWA
Kalimantan Barat KALIMANTAN Regency
Jl. Mayjend. Sutoyo No 86 Sampit Kab. Kotawaringin Timur CENTRAL Kotawaringin
302 BDI SAMPIT MAYJEN SUTOYO
Kalimantan Tengah KALIMANTAN Timur Regency
Jl. Juang Blok H No. 3 Dan 4 Nanga Pinoh Kab. Melawi WEST Melawi
303 BDI MELAWI JUANG
Kalimantan Barat KALIMANTAN Regency
WEST Sintang
304 BDI SINTANG MT HARYONO Jl MT. Haryono No. 5 Kab. Sintang Kalimantan Barat
KALIMANTAN Regency
WEST Singkawang
305 BDI SINGKAWANG NIAGA Jl. Niaga No. 5-7 Kota Singkawang Kalimantan Barat
KALIMANTAN City
EAST
306 BDI BALIKPAPAN PANDANSARI Jl. Pandansari No .2 Rt 15 Kota Balikpapan Kalimantan Timur Balikpapan City
KALIMANTAN
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Jl. R.A Kartini No. 42 Tanah Grogot Kab. Pasir Kalimantan EAST
307 BDI TANAH GROGOT SUPRAPTO Pasir Regency
Timur KALIMANTAN
Jl. Pahlawan Rt.032 Kel. Dadi Mulya Kec. Samarinda Ulu EAST
308 BDI SAMARINDA PAHLAWAN Samarinda City
Kota Samarina Kalimantan Timur KALIMANTAN
Jl. Jurusan Pontianak Sungai Pinyuh Kab. Pontianak WEST Pontianak
309 BDI PONTIANAK SEIPINYUH
Kalimantan Barat KALIMANTAN Regency
Jl. Skip Ii Kavling 20 Tj. Selor Kab. Bulungan Kalimantan EAST Bulungan
310 BDI TANJUNG SELOR SKIP II
Timur KALIMANTAN Regency
Jl. Sultan Muhammad No 176 RT/RW 001/01 Benua Melayu WEST
311 BDI PONTIANAK ST MUHAMMAD Pontianak City
Laut Pontianak Selatan KALIMANTAN
WEST Sanggau
312 BDI SANGGAU A YANI Jl. Ahmad Yani No. 99 Kab. Sanggau Kalimantan Barat
KALIMANTAN Regency
Jl. Gajah Mada No.181 -183 RT/RW. 004/027 Kel. Benua
WEST
313 BDI PONTIANAK GAJAH MADA Melayu Darat Kec. Pontianak Selatan Kota Pontianak Pontianak City
KALIMANTAN
Kalimantan Barat
BDI PONTIANAK KH. WAHID Jl. KH Wahid Hasyim No. 24 - 26 Kota Pontianak Kalimantan WEST
314 Pontianak City
HASYIM Barat KALIMANTAN
Jl. Muh. Hambal No. 48 Pemangkat Kab. Sambas WEST Sambas
315 BDI PEMANGKAT M HAMBAL
Kalimantan Barat KALIMANTAN Regency
BDI PONTIANAK SUNGAI RAYA Jl. Sungai Raya Dalam No. C. Kel. Bangka Belitung Darat WEST
316 Pontianak City
DALAM Kec. Pontianak Tenggara Kota Pontianak Kalimantan Barat KALIMANTAN
SOUTH
317 BDS BANJAR BARU A. YANI Jl. A. Yani Km 34 No 31 Kota Banjarbaru Kalimantan Selatan Banjarbaru City
KALIMANTAN
CENTRAL
318 BDI PALU HASANUDIN Jl. St.Hasanudin No.27 Kota Palu Sulawesi Tengah Palu City
SULAWESI
319 BDI JAYAPURA A YANI Jl. A.Yani No.9 Kota Jayapura Papua PAPUA Jayapura City
SOUTH
320 BDI MAKASSAR A YANI Jl. A.Yani No.11- 13 Kota Makassar Sulawesi Selatan Makassar City
SULAWESI
321 BDI GORONTALO A YANI Jl.A.Yani No.58 Kota Gorontalo Gorontalo GORONTALO Gorontalo City
Jl. Diponegoro No 80 RT. 002 RW.05 Kel. Ahusen Kec.
322 BDI AMBON DIPONEGORO MALUKU Ambon City
Sirimau Kota Ambon Maluku
Jl. Dr Sam Ratulangi No 96 - 97 RT.001 / RW .001 Kel.
SOUTHEAST
323 BDI KENDARI SAM RATULANGI Mandonga Kec. Mandonga Kota Kendari Prov Sulawesi Kendari City
SULAWESI
Tenggara.
NORTH
324 BDI MANADO SUTOMO Jl.Dr.Sutomo No.62 Kota Manado Sulawesi Utara Menado City
SULAWESI
BDI TERNATE PAHLAWAN Jl. Boulevard Ruko Jatiland Kel. Gamalama Kec. Kota
325 NORTH MALUKU Ternate City
REVOLUSI Ternate Tengah Kota Ternate Maluku Utara
SOUTH Pinrang
326 BDI PINRANG A MAKASAU Jalan A. Makkasau No. 34 Pinrang, Sulawesi Selatan
SULAWESI Regency
Jl. Jendral Ahmad Yani Kel Remu Utara Kec. Sorong Kota PAPUA
327 BDI SORONG A YANI Sorong City
Sorong Papua Barat WEST
SOUTH
328 BDI BONE AGUS SALIM Jl.Agus Salim No.1 Kab. Bone Sulawesi Selatan Bone Regency
SULAWESI
Jl. A. Yani No.104 Luwuk Banggai Kab. Banggai Sulawesi CENTRAL Banggai
329 BDI LUWUK BANGGAI
Tengah SULAWESI Regency
Jl. Diponegoro No.33 Rantepao Kab. Tana Toraja Sulawesi SOUTH Tana Toraja
330 BDI RANTEPAO A YANI
Selatan SULAWESI Regency
SOUTH
331 BDI PARE PARE HASANUDIN Jl. St. Hasanudin No.50 Kota Pare-Pare Sulawesi Selatan Pare-Pare City
SULAWESI
Biak Numfor
332 BDI BIAK IMAM BONJOL Jl.Imam Bonjol No.34 Kab. Biak Numfor Papua PAPUA
Regency
Jl. Letjen Suprapto RT/RW 001/001 Kel. Gogagoman Kec. NORTH Kotamobagu
333 BDI KOTAMOBAGU KARTINI
Kotamobagu Barat Kotamobagu Sulawesi Utara SULAWESI City
SOUTH
334 BDI MAKASSAR LATIMOJONG Jl. G. Latimojong No. 22 Kota Makassar Sulawesi Selatan Makassar City
SULAWESI
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Merauke
335 BDI MERAUKE MANDALA Jl.Raya Mandala No.71 Kab Merauke Papua PAPUA
Regency
SOUTH
336 BDI WAJO SENGKANG Jl.Ra.Kartini No.124 - 126 Kab. Wajo Sulawesi Selatan Wajo Regency
SULAWESI
Jl. Kelapa No. 1 RT. 02 / RW. 04 Kel. Dangerako Kec. Wara SOUTH
337 BDI PALOPO RAMBUTAN Palopo City
Kota Palopo Prov. Sulawesi Selatan SULAWESI
Jl. Sam Ratulangi Kel Caile Kec. Ujung Bulu Kab Bulukumba SOUTH Bulukumba
338 BDI BULUKUMBA SAM RATULANGI
Sulawesi Selatan SULAWESI Regency
SOUTH
339 BDI MAKASSAR SLAMET RIYADI Jl. Slamet Riyadi No. 1 Kota Makassar Sulawesi Selatan Makassar City
SULAWESI
NORTH
340 BDI MANADO TOAR Jl. Toar No. 17 Kota Manado Sulawesi Utara Menado City
SULAWESI
Jl. Raya Tomohon No.40A Tomohon Minahasa - Sulawesi NORTH
341 BDI MINAHASA TOMOHON Tomohon City
Utara SULAWESI
Jl. Usman Binol Rw Vii Kecamatan Baolan Kelurahan Baru CENTRAL Toli-Toli
342 BDI TOLI TOLI USMAN BINOL
Kab. Tolitoli Sulawesi Tengah SULAWESI Regency
Jalan Kh Wahid Hasyim No 181A Rt/Rw 002/03 SOUTH
343 BDI SUNGGUMINASA W HASYIM Gowa Regency
Sungguminasa Somba Opu Kab Gowa Sulawesi Selatan SULAWESI
Jl. Bataraguru No. 62 RT. 014/RW. 004 Kel. Wajo Kec. SOUTHEAST
344 BDI BAU BAU YOS SUDARSO Bau-Bau City
Betoambari Kota Bau Bau Prov. Sulawesi Tenggara SULAWESI
Manokwari
345 BDI MANOKWARI Y SUDARSO Jl.Yos Sudarso No.41 E/F Kab. Manokwari Papua WEST PAPUA
Regency
346 BDI NABIRE YOS SUDARSO Jl.Yos Sudarso No.12 Kab. Nabire Papua PAPUA Nabire Regency
Mimika
347 BDI TIMIKA YOS SUDARSO Jl. Yos Sudarso No. 12 Timika Kab. Mimika Papua PAPUA
Regency
SOUTH Tana Toraja
348 BDI MAKALE MERDEKA Jl.Merdeka No.30 Makale Kab. Tana Toraja Sulawesi Selatan
SULAWESI Regency
Jl. Boulevard Ruko Jasper I No. 12-13 RT. 005/RW.004 Kel.
SOUTH
349 BDI MAKASSAR PANAKUKANG Masale Kec. Panakkukang Kota Makassar Provinsi Sulawesi Makassar City
SULAWESI
Selatan.
Jl Yos Sudarso No. 302 Kelurahan Tabaringan Kecamatan SOUTH
350 BDI MAKASSAR YOS SUDARSO Makassar City
Ujung Tanah Kota Makassar Sulawesi Selatan SULAWESI
Jl. Kemiri Depan No. 751 RT/RW 01/04 Kelurahan
351 BDI SENTANI KEMIRI PAPUA Jayapura City
Hinekombe Kecamatan Sentani Kabupaten Jayapura Papua
Jl. Veteran Selatan No. 455C - 455 D Kota Makassar SOUTH
352 BDI MAKASSAR VETERAN SELATAN Makassar City
Sulawesi Selatan SULAWESI
Jl. Yos Sudarso No. 76 Kel. Bitung Tengah Kota Bitung NORTH
353 BDI BITUNG YOS SUDARSO Bitung City
Sulawesi Utara SULAWESI
SOUTH
354 BDS MAKASSAR A YANI Jl. A.Yani No.11- 13 Kota Makassar Sulawesi Selatan Makassar City
SULAWESI
Satrio Tower, Jl. Prof. Satrio Kav C4 Lantai 7, Kel. Karet
KFNO PROF. SATRIO
355 Setiabudi, Kec. Setiabudi, Kodya. Jakarta Selatan, Provinsi JAKARTA South Jakarta
(DH. KFNO PLAZA SEMANGGI)
DKI Jakarta
PT Bank Danamon Indonesia Tbk 2024 Annual Report 535
Page 538
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
LIST OF DISCLOSURES IN
ACCORDANCE WITH FINANCIAL
SERVICES AUTHORITY REGULATION
NUMBER 51/POJK.03/2017
Index Number Index Name Page
Sustainability Strategy
A.1 Sustainability Strategy Explanation 469
Sustainability Aspect Performance Overview
B.1 Economic Aspect 465
a. Quantity of production or services sold 465
b. Revenue or sales 120
c. Net profit or loss 120
d. Environmentally friendly products 477
e. Involvement of local parties related to the Sustainable Finance business process. 477
B.2 Environmental Aspects Overview 465
a. Energy use 465
b. Reduction of emissions produced 465
c. Waste and effluent reduction 486
d. Biodiversity conservation 488
B.3 Social Aspect Overview 466
Company Profile
C.1 Vision, Mission and Values of Sustainability 47
C.2 Company’s Address 45
C.3 Company’s Scale
a. Total assets or capitalized assets and total liabilities 120
b. Number of employees by gender, position, age, education, and employment status 82-83
c. Names of shareholders and percentage of share 86
d. Operational area 46
C.4 Products, Services, and Running Business Activities 497
C.5 Membership in the Association 45, 468
C.6 Significant Changes in Issuers and Public Companies 133, 503
Explanation of the Board of Directors
D.1 Explanation of the Board of Directors 29-33
a. Policies to respond to challenges in fulfilling the sustainability strategy 30
b. Implementation of Sustainable Finance 31
c. Target achievement strategy 33
Sustainability Governance
E.1 Responsible for Implementing Sustainable Finance 467
E.2 Competency Development Related to Sustainable Finance 316, 355
E.3 Risk Assessment of the Implementation of Sustainable Finance 468
E.4 Stakeholders Relations 471
E.5 Problems with the Implementation of Sustainable Finance 470
Sustainability Performance
F.1 Sustainability Culture Activities 474
Economic Performance
F.2 Comparison of Targets and Performance of Production, Portfolio, Financing, Income and Profit and Loss 120
536 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
Index Number Index Name Page
F.3 Comparison of Portfolio Targets and Performance, Financing Targets, or Investments in Projects in line 120
with Sustainable Finance
Environmental Performance
General Aspect
F.4 Environmental Costs 482
Material Aspect
F.5 Environmentally Friendly Materials Used 487
Energy Aspect
F.6 Amount and Intensity of Energy Used 483
F.7 Efforts and Achievements of Energy Efficiency and Use of Renewable Energy 483
Water Aspect
F.8 Water Usage 486
Aspects of Biodiversity
F.9 Impacts of Operational Areas That are Near or in Conservation Area 488
F.10 Efforts to Conserve Biodiversity 488
Emission Aspect
F.11 Amount and Intensity of Emissions Generated by Type 484
F.12 Efforts and Achievements of Emission Reduction Made 485, 490
Waste and Effluent Aspects
F.13 Amount of Waste and Effluent Generated by Type 486
F.14 Waste and Effluent Management Mechanism 486
F.15 Occurring Spills (if any) 486
Complaint Aspects Related to the Environment
F.16 Number and Material of Environmental Complaints Received and Resolved 488
Social Performance
F.17 Commitment to Provide Services on Equal Products and/or Services to Consumers 497
Employment Aspect
F.18 Equal Employment Opportunity 494
F.19 Child Labor and Forced Labor 492
F.20 Regional Minimum Wage 494
F.21 Decent and Safe Work Environment 495
F.22 Employee Capability Training and Development 493
Community Aspect
F.23 Impact of Operations on Surrounding Communities 497
F.24 Community Complaints 488, 491
F.25 Environmental Social Responsibility Activities (TJSL) 489-491
Responsibility for Sustainable Product/Service Development
F.26 Innovation and Development of Sustainable Financial Products/Services 497-502
F.27 Products/Services That Have Been Evaluated For Safety For Customers 497
F.28 Product/Service Impact 497
F.29 Number of Product Recalls 499
F.30 Customer Satisfaction Survey on Sustainable Financial Products and/or Services 502
Others
G.1 Written Verification from Independent Party (if any) 542-543
G.2 Feedback Form 544
G.3 Responses to Feedback on the Previous Year's Sustainability Report 503
G.4 List of Disclosures According to Financial Services Authority Regulation Number 51/POJK.03/2017 536-537
concerning Implementation of Sustainable Finance for Financial Services Institutions, Issuers, and Public
Companies
PT Bank Danamon Indonesia Tbk 2024 Annual Report 537
Page 540
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
GRI CONTENT INDEX
Statement of use PT Bank Danamon Indonesia Tbk has reported the information cited in this GRI content index for the period
01 January - 31 December 2024 with reference to the GRI Standards.
GRI 1 used GRI 1: Foundation 2021
GRI STANDARD DISCLOSURE LOCATION
General Disclosures
GRI 2: 2-1 Organizational details 45
General Disclosures 2021
2-2 Entities included in the organization’s sustainability reporting 503
2-3 Reporting period, frequency and contact point 503
2-4 Restatements of information 503
2-5 External assurance 504
2-6 Activities, value chain and other business relationships 45, 50-51, 480
2-7 Employees 82
2-8 Workers who are not employees 83, 481
2-9 Governance structure and composition 291, 467
2-12 Role of the highest governance body in overseeing the management of 467
impacts
2-13 Delegation of responsibility for managing impacts 467
2-14 Role of the highest governance body in sustainability reporting 467, 504
2-17 Collective knowledge of the highest governance body 474-475
2-22 Statement on sustainable development strategy 474
2-24 Embedding policy commitments 492
2-25 Processes to remediate negative impacts 414, 480, 491
2-26 Mechanisms for seeking advice and raising concerns 414, 488, 491
2-28 Membership associations 45, 468
2-29 Approach to stakeholder engagement 471
2-30 Collective bargaining agreements 493
Material Topics
GRI 3: 3-1 Process to determine material topics 473
Material topics 2021
3-2 List of material topics 473
Anti-corruption
GRI 3: 3-3 Management of material topics 412
Material topics 2021
GRI 205: 205-2 Communication and training about anti-corruption policies and procedures 412
Anti-corruption 2016
205-3 Confirmed incidents of corruption and actions taken 413
Operational Environmental Footprint
GRI 3: 3-3 Management of material topics 482, 486
Material topics 2021
GRI 302: 302-1 Energy consumption within the organization 483
Energy 2016
302-3 Energy intensity 483
GRI 303: 303-5 Water consumption 486
Water and Effluents 2018
GRI 306: 306-3 Waste generated 486
Waste 2020
Climate Change
GRI 3: 3-3 Management of material topics 484
Material topics 2021
538 PT Bank Danamon Indonesia Tbk 2024 Annual Report
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Operational Corporate Sustainability Corporate
Review Governance Report Data
GRI STANDARD DISCLOSURE LOCATION
GRI 305: 305-1 Direct GRK emissions (Scope-1) 484
Emissions 2016
305-2 Indirect GRK emissions (Scope-2) 484
305-3 Indirect GRK emissions (Scope-3) 485
305-4 GRK emissions intensity 484
305-5 GRK emission reduction 484
Human Resource Development
GRI 3: 3-3 Management of material topics 493
Material topics 2021
GRI 404: 404-1 Diversity of governance bodies and employees 493
Training and Education 2016
404-2 Ratio of basic salary and remuneration of women to men 493-494
Diversity, Equity and Inclusion
GRI 3: 3-3 Management of material topics 494
Material topics 2021
GRI 405: 405-1 Diversity of governance bodies and employees 82, 312, 494
Diversity and Equal Opportunity
405-2 Ratio of basic salary and remuneration of women to men 494
2016
Financial Access/Financial Inclusion and Community Development
GRI 3: 3-3 Management of material topics 489
Material topics 2021
GRI 413: 413-1 Operations with local community engagement, impact assessments, and 489
Local Communities development programs
Cybersecurity
GRI 3: 3-3 Management of material topics 500-502
Material topics 2021
GRI 418: 418-1 Substantiated complaints concerning breaches of customer privacy and 502
Customer Privacy 2016 losses of customer data
Human Rights
GRI 3: 3-3 Management of material topics 495
Material topics 2021
Credit Portfolio with ESG Screening Criteria
GRI 3: 3-3 Management of material topics 476-480
Material topics 2021
Product and Service Development
GRI 3: 3-3 Management of material topics 497-499
Material topics 2021
PT Bank Danamon Indonesia Tbk 2024 Annual Report 539
Page 542
Financial Management Company Management Discussion
Highlights Report Profile & Analysis
SUSTAINABILITY ACCOUNTING
STANDARDS BOARD (SASB) INDEX
FOR COMMERCIAL BANKS
CODE METRIC PAGE
Sustainability Disclosure Topics & Metrics
Data Security
FN-CB-230a.1 (1) Number of data breaches, (2) percentage that are personal data breaches, (3) 502
number of account holders affected
FN-CB-230a.2 Description of approach to identifying and addressing data security risks 500-502
Financial Inclusion & Capacity Building
FN-CB-240a.1 (1) Number and (2) amount of loans outstanding that qualify for programmes designed 477
to promote small business and community development
FN-CB-240a.3 Number of no-cost retail checking accounts provided to previously unbanked or 487
underbanked customers
FN-CB-240a.4 Number of participants in financial literacy initiatives for unbanked, underbanked, or 489
underserved customers
Incorporation of Environmental, Social, and Governance Factors in Credit Analysis
FN-CB-410a.2 Description of approach to incorporation of environmental, social and governance 476
(ESG) factors in credit analysis
Financed Emissions
FN-CB-410b.1 Absolute gross financed emissions, disaggregated by (1) Scope-1, (2) Scope-2 and (3) 484
Scope-3
FN-CB-410b.2 Gross exposure for each industry by asset class 484
FN-CB-410b.3 Percentage of gross exposure included in the financed emissions calculation 485
FN-CB-410b.4 Description of the methodology used to calculate financed emissions 484
Business Ethics
FN-CB-510a.1 Total amount of monetary losses as a result of legal proceedings associated with fraud, 414
insider trading, antitrust, anticompetitive behaviour, market manipulation, malpractice,
or other related financial industry laws or regulations
FN-CB-510a.2 Description of whistleblower policies and procedures 414
Systemic Risk Management
FN-CB-550a.1 Global Systemically Important Bank (GSIB) score, by category 468
FN-CB-550a.2 Description of approach to integrate results of mandatory and voluntary stress tests into 468
capital adequacy planning, long-term Corporate strategy, and other business activities
540 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 543
Operational Corporate Sustainability Corporate
Review Governance Report Data
INDONESIA STOCK EXCHANGE
ESG METRICS
Performance Code Metrics Name Page
Environment E-01 Greenhouse Gas Emission Report 484
E-02 Greenhouse Gas Emission Intensity 484
E-03 Electricity Energy Consumption 483
E-04 Water Consumption 486
E-05 Waste Generated 487
E-06 Company Commitment to Achieve Net Zero Emission Target 470
E-07 Company Commitment to reduce Greenhouse Gas Emissions 485
Social S-01 Gender Equality 494
S-02 Employees by Gender and Age Group 82
S-03 Employee Turnover Rate 466
S-04 Number of Temporary Employees 466
S-05 Employee Training and Development 493
S-06 Number of Work Accidents 495
S-07 Incidence of Human Rights Violations 495
S-08 Sexual Harassment and/or Non-discrimination Policy 492
S-09 Human Rights Policy 495
S-10 Child Labor and/or Forced Labor Policy 492
S-11 Policy on Occupational Health and Safety and Safe and Decent Working Environment
495
provided to All Employees
S-12 Corporate Social Responsibility 489
Governance G-01 Management Diversity and Independence 291
G-02 Total Attendance of Directors and Commissioners to Board Meetings 298, 315, 353
G-03 Chairman of the Board and CEO Separation Policy 62, 68
G-04 Board Appraisal Policy 315, 354
G-05 Board Training Policy 316, 355
G-06 Specific Board Election Criteria 309, 345
G-07 Code of Ethics and/or Anti-Corruption 411
G-08 Fair Treatment of Shareholders Policy 405
G-09 Prevention of Conflict of Interest 411
PT Bank Danamon Indonesia Tbk 2024 Annual Report 541
Page 544
Independent Assurance Statement
No. DECAR-IAS/018/II/2025
Provided by Decar Verite Asia
On specified disclosures within the scope of work, included in PT Bank Danamon Indonesia Tbk’s Sustainability Report 2024.
To: PT Bank Danamon Indonesia Tbk Stakeholders
As an independent licensed provider of sustainability assurance services, Decar Verite Asia has been engaged by PT Bank
Danamon Indonesia Tbk (“the Bank”) to provide independent assurance on the information reported in the PT Bank
Danamon Indonesia Tbk’s Sustainability Report 2024 (“the Sustainability Report”) for the period beginning on 1st January
2024 and ending on 31st December 2024.
Objective
Methodology
The objective of this assurance is to provide an independent
opinion and to enhance the credibility of the information The team undertook the following activities to render their
presented in the Sustainability Report. The assurance work opinion:
was conducted within the define scope and limitations; - Conducted an initial review of the material topics in
therefore, this statement is not intended to serve as a basis the Sustainability Report to identify the evidence
for interpreting the sustainability or overall performance of required;
the Bank. - Engaged with individuals responsible for managing the
material topics;
Scope - Verified the information and evidence related to the
material topics against the criteria;
Decar Verite Asia conducted a Type 1 assurance
- Communicated the recommendations to provide an
engagement for the material topics reported in the
opportunity for corrective action;
Sustainability Report. Information within the specified
- Review the final content of the Sustainability Report;
disclosures – particularly those related to commitments,
- Prepare the statement letter and management letter,
governance, initiatives, and performance, were assured to a
followed by the necessary approval as per Decar Verite
Moderate Level of Assurance. The assurance procedures
Asia’s assurance protocols.
included evaluating the specified disclosures and assessing
samples of evidence to ensure the report content adheres
Limitations
to the reporting principles and criteria outlined below.
Decar Verite Asia planned and performed the work to obtain
Reference and Criteria all the information and explanations deemed necessary to
provide a basis for rendering a conclusion at a Moderate
Decar Verite Asia performed the assurance in accordance
Level of Assurance. As with type 1 assurance engagement,
with AA1000 Assurance Standard v3 (2020). The criteria
Decar Verite Asia reviewed and evaluated evidence through
used include the AA1000AP Standard (2018) and the
risk-based sampling to ensure adherence to the AA1000AP
standards/regulation referenced in the Sustainability
Standard (2018). This process does not cover the assurance
Report, namely:
of or conclusion on reliability and quality. However, the
- Regulation of Indonesia Financial Service Authority:
conformity of disclosures with sustainability reporting
POJK No.51/2017 and SEOJK No.16/2021,
criteria was assessed. These processes enabled Decar Verite
- GRI Standards 2021,
Asia to reduce the risk of error in its conclusions but does
- SASB Financial Sector – Commercial Banks.
not reduce the risk to zero.
Responsibilities
Statement of Competency and Independence
PT Bank Danamon Indonesia Tbk
Decar Verite Asia is an independent licensed provider of
Preparing the information and evidence in accordance with assurance services. Our team of experts possesses the
accepted reporting practices. This responsibility also technical expertise, competency, and extensive experience
includes ensuring that the information is fairly stated and necessary to conduct assurance engagements on
that the data and information are not edited or amended in environmental, social, and various other topics in
any way after assurance process. accordance with the AA1000 Assurance Standard. No
member of the assurance team has a business relationship
Decar Verite Asia with the Bank beyond this assignment. Decar Verite Asia
conducted this assurance engagement independently and
Evaluating the content of the Sustainability Report, impartially with no conflicts of interest.
collecting and assessing evidence on the agreed-upon
subject matter and criteria, in accordance with the terms of
reference agreed upon with the Bank.
Page 1 of 2
Page 545
Adherence to AA1000 Accountability Principles Standard response to align with global standards and stakeholder
(2018) expectations.
Decar Verite Asia has concluded that the specified
Impact
disclosures within the scope of assurance, as stated in the
Sustainability Report, adhere to the AA1000 Accountability The Bank has established the processes to identify, monitor,
Principles Standard (2018). measure, evaluate, and manage its material impacts. The
Inclusivity Sustainability Report presents both quantitative and
qualitative information about the impact. For instance, the
The Bank has established and performed engagement to Bank has implemented a palm oil sector credit policy that
significant internal and external stakeholders. The mandates debtors to obtain RSPO or ISPO certification. As of
engagement processes were conducted with appropriate 2024, 94.4% of the Bank’s palm oil sector debtors have
approach and provide sufficient information about the Bank either achieved or are in the process of obtaining the
performance and/or to identify their expectations. required certification. Hence, Decar Verite Asia can confirm
Therefore, Decar Verite Asia can confirm that the Bank has that the Bank has applied the principle of impact.
applied the principle of inclusivity.
POJK No.51/2017 and SEOJK No.16/2021
Materiality
The disclosure provided in the Sustainability Report align
The Bank has engaged experts in determining material with the disclosure requirements outlined in POJK
topics using a double materiality approach. A pool of No.51/2017 and SEOJK No.16/2021.
material issues was identified by referencing topics deemed
material by MUFG, peers, rating agencies, and applicable Adherence to GRI Standards 2021
standards and frameworks. Both internal and external Based on the assurance result, Decar Verite Asia can confirm
stakeholders were also involved in validating these topics. that the disclosures are in line with the Bank’s claim that the
The selected material topics align with the sustainability Sustainability Report has been prepared with reference to
context of financial institutions. Therefore, Decar Verite Asia the GRI standards. The disclosures of management approach
can confirm that the Bank has applied the principles of for material topic in general are fairly disclosed. The
materiality. Looking ahead, the Bank may review its material principles to achieving quality sustainability reporting have
topic determination based on actual and potential impacts, been applied. Supporting documents were adequately
engaging internal and external stakeholders to assess presented during the assurance.
significance levels, which will ultimately serve as the sole
criteria for material topic selection. SASB Financial Sector – Commercial Banks
While some information remains challenging to disclose, the
Responsiveness Sustainability Report has, overall, provided sustainability
disclosures and metrics in alignment with the SASB
The Bank has demonstrated its responsiveness to material Standard.
topics. The Bank has established sustainability policy and
strategies outlined in its Bank Business Plan 2025–2027, Conclusions
Rencana Aksi Keuangan Berkelanjutan (RAKB), and
decarbonization strategy, which includes specific targets Based on the methodology and activities performed within
and initiatives to address material topics. To ensure effective the scope of this assessment, nothing has come to our
implementation, the Bank has appointed a Sustainability attention that causes us to believe that the Sustainability
Sub-Committee responsible for overseeing and monitoring Report has not been properly prepared and presented. The
priority sustainability issues. However, Human Rights, as one specified disclosures have been deemed appropriate based
of the material topics, requires a more comprehensive on our assurance procedures, aligned with AA1000AS V3
(2020) and Accountability’s Principles (2018).
Bogor, 20th February 2025
Signed on behalf of Decar Verite Asia
Corey Pernieda
Managing Director
Decar Verite Asia
Page 2 of 2
Page 546
FEEDBACK SHEET
PT Bank Danamon Indonesia Tbk released its latest sustainability report that elaborates on the various initiatives the
Bank and its subsidiary undertook as they ran responsible business practices during the reporting period. The Bank
welcomes inputs such as suggestions and criticism or feedback to improve matters deemed inconsistent and uses
them as evaluation materials in the future. Please fill out the feedback sheet and send it back to us
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PT Bank Danamon Indonesia Tbk
Head Office: Bank Danamon Tower Jl. H.R. Rasuna Said, Block C No.10 Karet Setiabudi, Jakarta 12920
Indonesia
E-mail: corporate.communications@danamon.co.id
544 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 547
Operational Corporate Sustainability Corporate
Review Governance Report Data
FINANCIAL
STATEMENTS
PT Bank Danamon Indonesia Tbk 2024 Annual Report 545
Page 548
PT Bank Danamon Indonesia Tbk dan Entitas Anak/and Subsidiary Laporan keuangan konsolidasian Tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Consolidated financial statements As of 31 December 2024 and for the year then ended with the independent auditor’s report
Page 549
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The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
ASET ASSETS
Kas 2b,2f,4 2.467.706 2.362.221 Cash
2b,2f, Current accounts with Bank
Giro pada Bank Indonesia 2h,5 6.382.075 5.034.595 Indonesia
Giro pada bank lain,
setelah dikurangi kerugian kredit Current accounts with other banks,
ekspektasian sebesar Rp116 net of expected credit losses of
pada tanggal 31 Desember 2024 2b,2f,2h, Rp116 as of 31 December 2024
(2023: Rp155) 2o,6 (2023: Rp155)
- Pihak berelasi 2ah,47 81.115 178.891 Related parties -
- Pihak ketiga 1.589.361 1.955.240 Third parties -
Penempatan pada bank lain dan
Bank Indonesia, setelah dikurangi Placements with other banks and
kerugian kredit ekspektasian Bank Indonesia,
sebesar RpNihil pada net of expected credit losses of
tanggal 31 Desember 2024 2b,2f,2i, RpNil as of 31 December 2024
(2023: RpNihil) 2o,7 4.417.045 9.031.700 (2023: RpNil)
Efek-efek,
setelah dikurangi kerugian kredit Marketable securities,
ekspektasian sebesar Rp225.130 net of expected credit losses of
pada tanggal 31 December 2024 2f,2j, Rp225,130 as of 31 December
(2023: Rp354.649) 2o,8 2024 (2023: Rp354,649)
- Pihak berelasi 2ah,47 148.300 130.620 Related parties -
- Pihak ketiga 12.545.156 3.130.050 Third parties -
Obligasi Pemerintah 2f,2j,15 18.699.423 16.318.408 Government Bonds
Efek yang dibeli dengan janji Securities purchased under
dijual kembali 2f,2k,9 1.785.799 2.384.446 resale agreements
Tagihan derivatif 2f,2l,10 Derivative receivables
- Pihak berelasi 2ah,47 9.665 7.937 Related parties -
- Pihak ketiga 425.971 264.029 Third parties -
Pinjaman yang diberikan,
setelah dikurangi kerugian kredit Loans,
ekspektasian sebesar Rp7.514.253 net of expected credit losses of
pada tanggal 31 December 2024 2f,2m,2o, Rp7,514,253 as of 31 December
(2023: Rp7.337.274) 11 2024 (2023: Rp7,337,274)
- Pihak berelasi 2ah,47 1.285.401 798.141 Related parties -
- Pihak ketiga 147.461.341 135.515.466 Third parties -
Piutang pembiayaan konsumen,
setelah dikurangi kerugian kredit Consumer financing receivables,
ekspektasian sebesar Rp1.513.432 net of expected credit losses of
pada tanggal 31 Desember 2024 2f,2o,2q, Rp1,513,432 as of 31 December
(2023: Rp1.562.698) 12 25.702.048 26.200.692 2024 (2023: Rp1,562,698)
Piutang sewa pembiayaan,
setelah dikurangi kerugian kredit Finance lease receivables,
ekspektasian sebesar Rp74.454 net of expected credit losses of
pada tanggal 31 Desember 2024 2f,2o,2r, Rp74,454 as of 31 December 2024
(2023: Rp60.770) 13 2.235.399 1.444.300 (2023: Rp60,770)
Dipindahkan 225.235.805 204.756.736 Carried Forward
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. integral part of these consolidated financial statements taken as a whole.
LAMPIRAN – 1/1 – SCHEDULE
558 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 561
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
Pindahan 225.235.805 204.756.736 Carried Forward
Tagihan akseptasi
setelah dikurangi kerugian kredit Acceptance receivables
ekspektasian sebesar Rp6.470 net of expected credit losses of
pada tanggal 31 Desember 2024 Rp6,470 as of 31 December 2024
(2023: Rp2.859) 2f,2o,2v,14 (2023: Rp2,859)
- Pihak berelasi 2ah,47 170.308 175.573 Related parties -
- Pihak ketiga 959.222 1.362.190 Third parties -
Pajak dibayar dimuka 2ac,27a 2.141.388 1.560.450 Prepaid taxes
Investasi dalam saham 2f,2n,16 Investments in shares
- Pihak berelasi 2ah,47 396.870 386.360 Related parties -
- Pihak ketiga 79.813 81.053 Third parties -
Investasi pada entitas asosiasi 2d,20 1.869.813 957.158 Investment in associate
Aset takberwujud,
setelah dikurangi akumulasi Intangible assets,
amortisasi sebesar Rp3.474.131 net of accumulated amortization
pada tanggal 31 Desember 2024 of Rp3,474,131 as of 31 December
(2023: Rp3.206.535) 2p,2s,17 1.960.549 1.814.485 2024 (2023: Rp3,206,535)
Aset tetap dan Aset hak guna,
setelah dikurangi akumulasi Fixed assets and Right-of-use assets,
penyusutan sebesar Rp3.313.562 net of accumulated depreciation
pada tanggal 31 Desember 2024 of Rp3,313,562 as of 31 December
(2023: Rp3.541.931) 2p,2t,18 2.482.645 2.160.579 2024 (2023: Rp3,541,931)
Aset pajak tangguhan - neto 2ac,27d 1.974.677 2.444.043 Deferred tax assets - net
Beban dibayar dimuka dan
aset lain-lain, setelah
dikurangi kerugian kredit Prepayments and other assets,
ekspektasian sebesar Rp453.272 net of expected credit losses of
pada tanggal 31 Desember 2024 2c,2f,2o,2p, Rp453,272 as of 31 December 2024
(2023: Rp311.917) 2u,19 (2023: Rp311,917)
- Pihak berelasi 2ah,47 89.263 97.356 Related parties -
- Pihak ketiga 4.974.187 5.508.549 Third parties -
JUMLAH ASET 242.334.540 221.304.532 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. integral part of these consolidated financial statements taken as a whole.
LAMPIRAN – 1/2 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 559
Page 562
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Simpanan nasabah 2f,2w,21 Deposits from customers
- Pihak berelasi 2ah,47 712.862 752.772 Related parties -
- Pihak ketiga 149.856.607 137.659.040 Third parties -
Simpanan dari bank lain 2f,2w,22 Deposits from other banks
- Pihak berelasi 2ah,47 98.299 869.675 Related parties -
- Pihak ketiga 4.106.450 2.162.015 Third parties -
Utang akseptasi 2f,2v,23 Acceptance payables
- Pihak berelasi 2ah,47 41.069 61.875 Related parties -
- Pihak ketiga 1.094.931 1.478.747 Third parties -
Efek yang dijual dengan janji Securities sold under
dibeli kembali 2k,9 4.718.889 - repurchase agreements
Utang obligasi 2f,2aa,24 Bonds payable
- Pihak berelasi 2ah,47 110.000 110.000 Related parties -
- Pihak ketiga 6.197.230 5.725.456 Third parties -
Sukuk mudharabah 2f,2ab,25 Mudharabah bonds
- Pihak berelasi 2ah,47 30.000 - Related parties -
- Pihak ketiga 801.830 859.000 Third parties -
Pinjaman yang diterima 2f,26 Borrowings
- Pihak berelasi 2ah,47 5.600.836 1.389.348 Related parties -
- Pihak ketiga 4.849.352 6.931.541 Third parties -
Utang pajak 2ac,27b 259.450 298.946 Taxes payable
Liabilitas derivatif 2f,2l,10 Derivative liabilities
- Pihak berelasi 2ah,47 11.941 4.321 Related parties -
- Pihak ketiga 664.428 321.635 Third parties -
Pinjaman subordinasi 2f,2ah,2ai,28,47 25.000 25.000 Subordinated loan
Beban yang masih harus 2c,2f
dibayar dan liabilitas lain-lain 2ad,29 Accruals and other liabilities
- Pihak berelasi 2ah,47 1.317.095 1.402.334 Related parties -
- Pihak ketiga 10.012.714 11.293.459 Third parties -
JUMLAH LIABILITAS 190.508.983 171.345.164 TOTAL LIABILITIES
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. integral part of these consolidated financial statements taken as a whole.
LAMPIRAN – 1/3 – SCHEDULE
560 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 563
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Catatan/
Notes 2024 2023
EKUITAS EQUITY
Ekuitas yang dapat diatribusikan Equity attributable to equity
kepada pemilik entitas induk holders of the parent entity
Modal saham - nilai nominal sebesar Share capital - par value per share
Rp50.000 (nilai penuh) per saham of Rp50,000 (full amount) for
untuk seri A dan Rp500 (nilai penuh) A series shares and Rp500 (full
per saham untuk seri B amount) for B series shares
Modal dasar - 22.400.000 saham Authorized - 22,400,000 A series
seri A dan 17.760.000.000 shares and 17,760,000,000
saham seri B B series shares
Modal ditempatkan dan disetor Issued and fully paid -
penuh - 22.400.000 saham seri A 22,400,000 A series shares and
dan 9.751.152.870 saham seri B 30 5.995.577 5.995.577 9,751,152,870 B series shares
Tambahan modal disetor 2af,31 7.985.971 7.985.971 Additional paid-up capital
Modal disetor lainnya 189 189 Other paid-up capital
Komponen ekuitas lainnya 2d,2j,2l (114.504) 18.439 Other equity components
Saldo laba Retained earnings
- Sudah ditentukan penggunaannya 33 563.887 528.848 Appropriated -
- Belum ditentukan penggunaannya 2ad 36.636.512 34.707.593 Unappropriated -
Jumlah saldo laba 37.200.399 35.236.441 Total retained earnings
51.067.632 49.236.617
Kepentingan non-pengendali 2d,48 757.925 722.751 Non-controlling interests
JUMLAH EKUITAS 51.825.557 49.959.368 TOTAL EQUITY
JUMLAH LIABILITAS DAN TOTAL LIABILITIES AND
EKUITAS 242.334.540 221.304.532 EQUITY
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. integral part of these consolidated financial statements taken as a whole.
LAMPIRAN – 1/4 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 561
Page 564
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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/
Notes 2024 2023
PENDAPATAN DAN BEBAN OPERATING INCOME AND
OPERASIONAL EXPENSES
Pendapatan bunga 2x,2ah,34,47 22.788.935 20.210.346 Interest income
Beban bunga 2x,2ah,35,47 (7.184.116) (4.994.342) Interest expense
Pendapatan bunga neto 15.604.819 15.216.004 Net interest income
PENDAPATAN OPERASIONAL
LAINNYA OTHER OPERATING INCOME
Pendapatan provisi dan komisi 2y 1.443.765 1.419.283 Fees and commission income
Imbalan jasa lain 2y, 37,47 2.487.474 2.306.199 Other fees
Kerugian dari perubahan nilai wajar
atas instrumen keuangan yang Losses from changes in fair
diukur pada nilai wajar melalui 2j,2l,2z,8, value of financial instruments at fair
laba rugi - neto 10,15a,38 (19.821) (213.809) value through profit or loss - net
(Kerugian)/keuntungan yang telah
direalisasi atas instrumen Realized (losses)/gains from
derivatif - neto (44.690) 225.495 derivative instruments - net
Keuntungan atas transaksi dalam Gains from foreign exchange
mata uang asing - neto 381.441 220.908 transactions - net
Pendapatan dividen 4.294 7.720 Dividend income
Bagian laba bersih entitas asosiasi 52.796 16.015 Share in net income of associate
Keuntungan penjualan efek-efek Gains on sale of marketable securities
dan Obligasi Pemerintah - neto 2j,8a,15a 321.312 278.368 and Government Bonds - net
4.626.571 4.260.179
BEBAN OPERASIONAL
LAINNYA OTHER OPERATING EXPENSES
Beban provisi dan komisi lain 2y (387.289) (457.443) Other fees and commissions expenses
Beban umum dan administrasi 2c,2s,2t,39 (4.690.276) (4.360.880) General and administrative expenses
Beban tenaga kerja dan 2ad,2ah,
tunjangan 40,47 (6.400.012) (6.140.831) Salaries and employee benefits
Kerugian penurunan nilai pada 2o,6,7,8,11,
aset keuangan neto 12,13,14 (4.490.981) (3.666.916) Net Impairment losses on financial assets
Lain-lain (22.523) (68.607) Others
(15.991.081) (14.694.677)
PENDAPATAN OPERASIONAL
NETO 4.240.309 4.781.506 NET OPERATING INCOME
PENDAPATAN DAN BEBAN NON-OPERATING
BUKAN OPERASIONAL INCOME AND EXPENSES
Pendapatan bukan operasional 41 97.359 116.473 Non-operating income
Beban bukan operasional 42 (154.085) (204.252) Non-operating expenses
BEBAN BUKAN NET NON-OPERATING
OPERASIONAL NETO (56.726) (87.779) EXPENSES
LABA SEBELUM PAJAK
PENGHASILAN 4.183.583 4.693.727 INCOME BEFORE INCOME TAX
BEBAN PAJAK PENGHASILAN 2ac,27c (892.698) (1.035.682) INCOME TAX EXPENSE
LABA BERSIH 3.290.885 3.658.045 NET INCOME
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an integral
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. part of these consolidated financial statements taken as a whole.
LAMPIRAN – 2/1 – SCHEDULE
562 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 565
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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/
Notes 2024 2023
PENGHASILAN KOMPREHENSIF
LAIN OTHER COMPREHENSIVE INCOME
Pos-pos yang tidak akan Items that will not be reclassified to
direklasifikasi ke laba rugi profit or loss
Pengukuran kembali atas liabilitas Remeasurement of post employment
imbalan pasca kerja 43 14.824 (126.332) benefit obligation
Pajak penghasilan terkait dengan
pengukuran kembali atas liabilitas Income tax related to remeasurement of
imbalan pasca kerja 27d (3.261) 27.793 post employment benefit obligation
Perubahan nilai wajar pada investasi
dalam saham yang diukur pada Changes in fair value of investment in
FVOCI - neto 2n,16 (10.721) - shares measured at FVOCI - net
Pengukuran kembali atas liabilitas Remeasurement of post
imbalan pasca kerja dari entitas employment benefit obligation from
asosiasi - neto 231 (37) associate - net
Pos-pos yang akan Items that will be reclassified to
direklasifikasi ke laba rugi profit or loss
Aset keuangan diukur pada nilai
wajar melalui penghasilan
komprehensif lain: Financial assets measured at fair value
Perubahan nilai wajar pada 2j, through other comprehensive income:
tahun berjalan 8e,15d (121.563) 187.688 Changes in fair value in current year
Kerugian penurunan nilai (6) (135) Impairment losses
Jumlah yang ditransfer ke laba rugi Amount transferred to
sehubungan dengan perubahan profit or loss in respect of
nilai wajar 8e,15d (12.013) (15.987) fair value changes
Perubahan nilai wajar pada Changes in fair value of
lindung nilai arus kas 2l,10 (13.618) 3.372 cashflow hedge
Pajak penghasilan terkait dengan Income tax related to
penghasilan komprehensif lain 27d 32.383 (38.517) other comprehensive income
Aset keuangan diukur pada nilai
wajar melalui penghasilan Financial assets measured at fair value
komprehensif lain dari entitas through other comprehensive
asosiasi - neto (7.487) 2.421 income from associate - net
Penghasilan komprehensif lain, Other comprehensive income,
setelah pajak (121.231) 40.266 net of tax
JUMLAH LABA KOMPREHENSIF 3.169.654 3.698.311 TOTAL COMPREHENSIVE INCOME
Laba bersih yang dapat
diatribusikan kepada: Net income attributable to:
Pemilik entitas induk 45 3.179.335 3.503.882 Equity holders of the parent entity
Kepentingan non-pengendali 48 111.550 154.163 Non-controlling interests
3.290.885 3.658.045
Jumlah laba komprehensif yang Total comprehensive income
dapat diatribusikan kepada: attributable to:
Pemilik entitas induk 3.057.400 3.548.734 Equity holders of the parent entity
Kepentingan non-pengendali 48 112.254 149.577 Non-controlling interests
3.169.654 3.698.311
LABA BERSIH PER SAHAM DASAR BASIC EARNINGS PER SHARE
YANG DAPAT DIATRIBUSIKAN ATTRIBUTABLE TO EQUITY
KEPADA PEMILIK ENTITAS HOLDERS OF THE PARENT
INDUK (NILAI PENUH) 2ae,45 325,30 358,51 ENTITY (FULL AMOUNT)
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 taken as a whole.
LAMPIRAN – 2/2 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 563
Page 566
564
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-tahun yang Berakhir pada For the 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)
Atribusi kepada pemilik entitas induk/Attributable to equity holders of the parent entity
Komponen ekuitas lainnya/
Other equity components
Perubahan nilai wajar atas
Efek-efek,
Obligasi Pemerintah, dan
Investasi dalam saham yang
diukur pada nilai wajar
melalui penghasilan
komprehensif lain- Saldo laba/
neto/Changes in fair value Perubahan Retained earnings Jumlah
Perubahan on Marketable securities, nilai wajar atas sebelum
Tambahan ekuitas Government lindung nilai Belum kepentingan Kepentingan
modal Modal entitas Bonds, and arus kas-neto/ ditentukan non- non-
Modal disetor/ disetor asosiasi/ Investments in shares Changes in fair Sudah penggunaan- pengendali/ pengendali/
saham/ Additional lainnya/ Changes of measured at fair value value of ditentukan nya/ Total before Non- Jumlah
Catatan/ Share paid-up Other paid- associate through other cashflow penggunaannya/ Unappro- non-controlling controlling ekuitas/
Notes capital capital up capital equity comprehensive income-net hedge-net Appropriated priated*) interest interest Total equity
Saldo pada tanggal 1 Januari 2024 5.995.577 7.985.971 189 8.242 10.886 (689) 528.848 34.707.593 49.236.617 722.751 49.959.368 Balance as of 1 January 2024
PT Bank Danamon Indonesia Tbk 2024 Annual Report
Laba bersih tahun berjalan 48 - - - - - - - 3.179.335 3.179.335 111.550 3.290.885 Net income for the year
Penghasilan komprehensif lain, Other comprehensive
setelah pajak income, net of tax
Perubahan nilai wajar atas Changes in fair value of
lindung nilai arus kas-neto 2I,48 - - - - - (9.780) - - (9.780) (842) (10.622) cashflow hedge-net
Pengukuran kembali liabilitas imbalan Remeasurement of obligation
pasca kerja 48 - - - - - - - 11.008 11.008 786 11.794 for post-employment benefits
Perubahan nilai wajar atas Changes in fair value on Marketable
Efek-efek, Obligasi securities, Government Bonds and
Pemerintah dan Investasi Investments in shares measured at
dalam saham yang diukur pada nilai wajar fair value through other
melalui penghasilan komprehensif lain - neto 2j,48 - - - - (123.163) - - - (123.163) 760 (122.403) comprehensive income -net
Jumlah penghasilan komprehensif lain - - - - (123.163) (9.780) - 11.008 (121.935) 704 (121.231) Total other comprehensive income
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - - - (123.163) (9.780) - 3.190.343 3.057.400 112.254 3.169.654 for the year
Pembentukan cadangan umum Appropriation for general
dan wajib 32 - - - - - - 35.039 (35.039) - - - and legal reserve
Pembagian dividen tunai 2ag,32,48 - - - - - - - (1.226.385) (1.226.385) (77.080) (1.303.465) Distribution of cash dividends
Saldo pada tanggal 31 Desember 2024 5.995.577 7.985.971 189 8.242 (112.277) (10.469) 563.887 36.636.512 51.067.632 757.925 51.825.557 Balance as of 31 December 2024
*) Saldo laba yang tidak ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan pasca kerja *) Unappropriated retained earnings include remeasurement of obligation for post-employment benefits
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
LAMPIRAN – 3/1 – SCHEDULE
Page 567
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-tahun yang Berakhir pada For the 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)
Atribusi kepada pemilik entitas induk/Attributable to equity holders of the parent entity
Komponen ekuitas lainnya/
Other equity components
Perubahan nilai wajar atas
Efek-efek,
Obligasi Pemerintah, dan
Investasi dalam saham yang
diukur pada nilai wajar
melalui penghasilan
komprehensif lain- Saldo laba/
neto/Changes in fair value Perubahan Retained earnings Jumlah
Perubahan on Marketable securities, nilai wajar atas sebelum
Tambahan ekuitas Government lindung nilai Belum kepentingan Kepentingan
modal Modal entitas Bonds, and arus kas-neto/ ditentukan non- non-
Modal disetor/ disetor asosiasi/ Investments in shares Changes in fair Sudah penggunaan- pengendali/ pengendali/
saham/ Additional lainnya/ Changes of measured at fair value value of ditentukan nya/ Total before Non- Jumlah
Catatan/ Share paid-up Other paid- associate through other cashflow penggunaannya/ Unappro- non-controlling controlling ekuitas/
Notes capital capital up capital equity comprehensive income-net hedge-net Appropriated priated*) interest interest Total equity
Saldo pada tanggal 1 Januari 2023 5.995.577 7.985.971 189 8.242 (125.321) (2.844) 495.825 32.486.064 46.843.703 634.779 47.478.482 Balance as of 1 January 2023
Laba bersih tahun berjalan 48 - - - - - - - 3.503.882 3.503.882 154.163 3.658.045 Net income for the year
Penghasilan komprehensif lain, Other comprehensive
setelah pajak income, net of tax
Perubahan nilai wajar atas Changes in fair value of
lindung nilai arus kas-neto 2I,48 - - - - - 2.155 - - 2.155 480 2.635 cashflow hedge-net
Pengukuran kembali liabilitas imbalan Remeasurement of obligation
pasca kerja 48 - - - - - - - (93.510) (93.510) (5.066) (98.576) for post-employment benefits
Perubahan nilai wajar atas Changes in fair value on Marketable
Efek-efek, Obligasi securities, Government Bonds, and
Pemerintah, dan Investasi Investments in shares measured at
dalam saham yang diukur pada nilai wajar fair value through other
melalui penghasilan komprehensif lain - neto 2j - - - - 136.207 - - - 136.207 - 136.207 comprehensive income - net
Jumlah penghasilan komprehensif lain - - - - 136.207 2.155 - (93.510) 44.852 (4.586) 40.266 Total other comprehensive income
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - - - 136.207 2.155 - 3.410.372 3.548.734 149.577 3.698.311 for the year
Likuidasi Entitas Anak 48 - - - - - - - - - 2.073 2.073 Liquidation of Subsidiary
Pembentukan cadangan umum Appropriation for general
dan wajib 32 - - - - - - 33.023 (33.023) - - - and legal reserve
Pembagian dividen tunai 2ag,32,48 - - - - - - - (1.155.820) (1.155.820) (63.678) (1.219.498) Distribution of cash dividends
Saldo pada tanggal 31 Desember 2023 5.995.577 7.985.971 189 8.242 10.886 (689) 528.848 34.707.593 49.236.617 722.751 49.959.368 Balance as of 31 December 2023
*) Saldo laba yang tidak ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan pasca kerja *) Unappropriated retained earnings include remeasurement of obligation for post-employment benefits
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial
konsolidasian secara keseluruhan. statements taken as a whole.
PT Bank Danamon Indonesia Tbk 2024 Annual Report
LAMPIRAN – 3/2 – SCHEDULE
565
Page 568
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY CONSOLIDATED
LAPORAN ARUS KAS KONSOLIDASIAN STATEMENT OF CASH FLOWS
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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/
Notes 2024 2023
Arus kas dari kegiatan operasi: Cash flows from operating activities:
Pendapatan bunga, provisi, dan komisi 11.410.542 10.142.216 Interest income, fees, and commissions
Penerimaan dari transaksi pembiayaan konsumen 46.790.010 40.813.016 Receipts from consumer financing transactions
Pengeluaran untuk transaksi pembiayaan Payments for new consumer financing
konsumen baru (37.179.612) (47.114.553) transactions
Pembayaran bunga, provisi, dan komisi (6.962.178) (4.912.317) Payments of interest, fees and commissions
Pembayaran bunga dari efek yang diterbitkan (445.493) (366.783) Payments of interests on securities issued
Penerimaan dalam rangka pembiayaan bersama 17.383.114 20.392.659 Proceeds in relation to joint financing
Pengeluaran dalam rangka pembiayaan bersama (15.195.132) (13.380.622) Repayment in relation to joint financing
Pendapatan operasional lainnya 1.913.735 1.908.583 Other operating income
Keuntungan atas transaksi Gains from foreign exchange
mata uang asing - neto 425.232 198.100 transactions - net
Beban operasional lainnya (9.620.556) (9.886.596) Other operating expenses
Beban bukan operasional - neto (66.938) (83.612) Non-operating expense - net
Arus kas sebelum perubahan dalam aset dan Cash flows before changes in operating
liabilitas operasi 8.452.724 (2.289.909) assets and liabilities
Perubahan dalam aset dan liabilitas operasi: Changes in operating assets and liabilities:
Penurunan/(kenaikan) aset operasi: Decrease/(increase) in operating assets:
Efek-efek dan Obligasi Pemerintah - Marketable securities and Government
diperdagangkan (3.005.585) (673.398) Bonds - trading
Efek yang dibeli dengan janji dijual kembali 598.647 3.480.309 Securities purchased under resale agreements
Pinjaman yang diberikan (16.940.823) (19.981.711) Loans
Beban dibayar dimuka dan aset lain-lain 99.975 (2.060.665) Prepayments and other assets
Kenaikan/(penurunan) liabilitas operasi: Increase/(decrease) in operating liabilities:
Simpanan nasabah: Deposits from customers:
- Giro (7.660.035) 2.238.400 Current accounts -
- Tabungan (2.072.785) (9.568.873) Savings -
- Deposito berjangka 21.318.949 20.981.088 Time deposits -
Simpanan dari bank lain 907.050 668.409 Deposits from other banks
Beban yang masih harus dibayar dan liabilitas
lain-lain (802.034) 1.610.113 Accruals and other liabilities
Pembayaran pajak penghasilan selama tahun
berjalan (924.090) (781.759) Income tax paid during the year
Kas neto digunakan untuk kegiatan operasi (28.007) (6.377.996) Net cash used by operating activities
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an integral
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. part of these consolidated financial statements taken as a whole.
LAMPIRAN – 4/1 – SCHEDULE
566 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 569
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY CONSOLIDATED
LAPORAN ARUS KAS KONSOLIDASIAN STATEMENT OF CASH FLOWS
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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/
Notes 2024 2023
Arus kas dari kegiatan investasi: Cash flows from investing activities:
Penerimaan dari efek-efek dan Obligasi
Pemerintah yang dijual dan telah jatuh Proceeds from sales of and matured
tempo - biaya perolehan diamortisasi dan marketable securities and Government
nilai wajar melalui penghasilan Bonds - amortized cost and fair value
komprehensif lain 24.646.949 7.569.475 through other comprehensive income
Acquisition of marketable securities and
Pembelian efek-efek dan Obligasi Pemerintah - Government Bonds - amortized cost and
biaya perolehan diamortisasi dan nilai wajar fair value through other comprehensive
melalui penghasilan komprehensif lain (32.378.922) (5.107.824) income
Acquisition of fixed assets and intangible
Perolehan aset tetap dan aset takberwujud 17,18,58 (852.069) (696.186) assets
Hasil penjualan aset tetap 18 35.225 4.491 Proceeds from sale of fixed assets
Penerimaan hasil investasi 12.802 21.145 Receipt from investment
Pembelian investasi pada entitas asosiasi 20 (881.033) - Acquisition of investment in associate
Pembelian investasi dalam saham 16 (18.217) (386.360) Acquisition of investment in shares
Penerimaan dividen kas 4.294 7.720 Receipt of cash dividends
Penerimaan dari hasil likuidasi Entitas Anak - 2.073 Proceed from liquidation of Subsidiary
Kas neto (digunakan untuk)/diperoleh dari Net cash (used by)/provided from
kegiatan investasi (9.430.971) 1.414.534 Investing activities
Arus kas dari kegiatan pendanaan: Cash flows from financing activities:
Pembayaran pokok efek yang dijual dengan janji Payments of principal on securities sold
dibeli kembali (102.858.211) - under repurchase agreements
Penerimaan dari efek yang dijual dengan janji Proceeds from securities sold
dibeli kembali 107.577.100 - under repurchase agreements
Pembayaran pokok obligasi dan sukuk Payments of principal on bonds issued and
mudharabah (3.533.310) (2.240.800) mudharabah bonds
Penerimaan dari penerbitan obligasi dan sukuk Proceeds from bonds issuance mudharabah
mudharabah 3.968.422 3.548.413 bonds
Pembayaran dividen tunai (1.303.458) (1.219.591) Payments of cash dividends
Pembayaran pinjaman (13.427.469) (17.271.576) Repayments of borrowings
Penerimaan pinjaman 15.545.843 21.193.215 Proceeds from borrowings
Penurunan pokok liabilitas sewa (146.135) (132.026) Decrease in principal of lease liabilities
Kas neto diperoleh dari kegiatan pendanaan 5.822.782 3.877.635 Net cash provided from financing activities
Penurunan kas dan setara kas - neto (3.636.196) (1.085.827) Decrease in cash and cash equivalent
Dampak neto perubahan nilai tukar atas kas dan Net effect on changes in exchange rates on
setara kas 10.812 (12.708) cash and cash equivalents
Cash and cash equivalents at
Kas dan setara kas pada awal tahun 18.562.802 19.661.337 beginning of the year
Cash and cash equivalents at
Kas dan setara kas pada akhir tahun 14.937.418 18.562.802 end of the year
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 4 2.467.706 2.362.221 Cash
Giro pada Bank Indonesia 5 6.382.075 5.034.595 Current accounts with Bank Indonesia
Giro pada bank lain 6 1.670.592 2.134.286 Current accounts with other banks
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank
- jatuh tempo sampai dengan Indonesia - maturing within 3 months
3 bulan sejak tanggal perolehan 7 4.417.045 9.031.700 from the date of acquisition
Jumlah kas dan setara kas 14.937.418 18.562.802 Total cash and cash equivalents
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang The accompanying notes to the consolidated financial statements form an integral
tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. part of these consolidated financial statements taken as a whole.
LAMPIRAN – 4/2 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 567
Page 570
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM 1. GENERAL
a. Pendirian dan informasi umum Bank a. Establishment and general information of the
Bank
PT Bank Danamon Indonesia Tbk (“Bank”), PT Bank Danamon Indonesia Tbk (the “Bank”),
berkedudukan di Jakarta Selatan, didirikan pada domiciled in South Jakarta, was established on
tanggal 16 Juli 1956 berdasarkan akta notaris 16 July 1956 based on the notarial deed No.134 of
Meester Raden Soedja, S.H. No.134. Akta pendirian Meester Raden Soedja, S.H. The deed of
ini disahkan oleh Menteri Kehakiman Republik establishment was ratified by the Minister of Justice
Indonesia dengan Surat Keputusan No.J.A.5/40/8 of the Republic of Indonesia in its decision letter
tanggal 24 April 1957 dan telah diumumkan dalam No.J.A.5/40/8 dated 24 April 1957 and was
Tambahan Berita Negara RI No.664, pada Berita published in Supplement to State Gazette RI
Negara Republik Indonesia No.46 tanggal 7 Juni No.664 to the State Gazette of the Republic of
1957. Indonesia No.46 dated 7 June 1957.
Bank memperoleh izin usaha sebagai Bank umum, The Bank obtained a license as a commercial
Bank devisa, dan Bank yang melakukan kegiatan bank, a foreign exchange Bank, and a Bank
berdasarkan prinsip Syariah masing-masing engaged in activities based on Sharia principles
berdasarkan surat keputusan Menteri Keuangan based on the decision letter No.161259/U.M.II of
No.161259/U.M.II tanggal 30 September 1958, surat the Minister of Finance dated 30 September 1958,
keputusan Direksi Bank Indonesia (“BI”) the decision letter No.21/10/Dir/UPPS of the Board
No.21/10/Dir/UPPS tanggal 5 November 1988 dan of Directors of Bank Indonesia (“BI”) dated
Surat Direktorat Perizinan dan Informasi Perbankan 5 November 1988 and the letter of the Directorate
No.3/744/DPIP/Prz tanggal 31 Desember 2001. of Licensing and Banking Information
No.3/744/DPIP/Prz dated 31 December 2001,
respectively.
Anggaran Dasar Bank telah mengalami beberapa The Bank’s Articles of Association has been
kali perubahan. Perubahan terakhir dilakukan amended several times. The latest amendment
sehubungan dengan perubahan beberapa pasal related to changes on several articles in the Articles
of Association of the Bank as stated in notarial
dalam Anggaran Dasar Bank yang dituangkan dalam deed No.88 dated 22 March 2024, made before
Akta No.88 tanggal 22 Maret 2024, yang dibuat di Mala Mukti, Bachelor of Law, Lex Legibus Master,
hadapan Mala Mukti, Sarjana Hukum, Lex Legibus Notary in Jakarta, whereby the receipt of
Magister, Notaris di Jakarta, dimana penerimaan notification of amendments to the Articles of
pemberitahuan perubahan Anggaran Dasar telah Association had been received and registered in
diterima serta dicatat dalam Database Sistem the Legal Entity Administrative System Database of
Administrasi Badan Hukum Kementerian Hukum dan the Ministry of Law and Human Rights of the
Hak Asasi Manusia Republik Indonesia Republic of Indonesia No.AHU-AH.01.03-0081738
dated 3 April 2024.
No.AHU-AH.01.03-0081738 tanggal 3 April 2024.
Sesuai dengan pasal 3 Anggaran Dasar Bank, ruang According to article 3 of the Bank’s Articles of
lingkup kegiatan Bank adalah menjalankan kegiatan Association, the Bank’s scope of activities is to
usaha di bidang perbankan sesuai dengan undang- engage in general banking services in accordance
undang dan peraturan yang berlaku, dan melakukan with prevailing laws and regulations, and to engage in
kegiatan perbankan lainnya berdasarkan prinsip other banking activities based on Sharia principles.
Syariah. Bank mulai melakukan kegiatan berdasarkan The Bank started its activities based on the Sharia
prinsip Syariah tersebut sejak tahun 2002. principles since 2002.
Kantor pusat Bank berlokasi di Menara Bank The Bank’s head office address is at Menara Bank
Danamon, Jalan HR. Rasuna Said Blok C No.10, Danamon, Jalan HR. Rasuna Said Blok C No.10,
Kelurahan Karet, Kecamatan Setiabudi, Jakarta Kelurahan Karet, Kecamatan Setiabudi, Jakarta
Selatan. Selatan.
Pada tanggal 31 Desember 2024, Bank mempunyai As of 31 December 2024, the Bank had the
cabang-cabang dan kantor-kantor pembantu following branches and representative offices:
sebagai berikut:
Jumlah/Total*
Kantor cabang utama konvensional 41 Conventional main branches
Kantor cabang pembantu konvensional dan Conventional sub-branches
Kantor Fungsional 300 and Functional branches
Kantor cabang utama dan kantor cabang Sharia branches and
pembantu Syariah 14 sub-branches
*sesuai ijin BI/OJK *as approved by BI/OJK
LAMPIRAN – 5/1 – SCHEDULE
568 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 571
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian dan informasi umum Bank (lanjutan) a. Establishment and general information of the
Bank (continued)
Seluruh kantor cabang, kantor cabang pembantu, The conventional and Sharia branches and sub-
dan kantor cabang Syariah berlokasi di berbagai branches are located in various major business
pusat bisnis yang tersebar di seluruh Indonesia. centers throughout Indonesia.
b. Penawaran umum saham Bank b. Public offering of the Bank’s shares
Pada tanggal 8 Desember 1989, berdasarkan Izin On 8 December 1989, based on the license from
Menteri Keuangan No.SI-066/SHM/MK.10/1989 the Minister of Finance No.SI-
tertanggal 24 Oktober 1989, Bank melakukan 066/SHM/MK.10/1989 dated 24 October 1989, the
Penawaran Umum Perdana atas 12.000.000 saham Bank undertook an Initial Public Offering (IPO) of
dengan nilai nominal Rp1.000 per saham (nilai 12,000,000 shares with par value of Rp1,000 per
penuh). Pada tanggal 8 Desember 1989, seluruh share (full amount). On 8 December 1989, these
saham ini telah dicatatkan di Bursa Efek Jakarta shares were listed at the Jakarta Stock Exchange
(sekarang bernama Bursa Efek Indonesia setelah (known as Indonesia Stock Exchange, after being
digabungkan dengan Bursa Efek Surabaya). merged with the Surabaya Stock Exchange).
Setelah itu, Bank melakukan penambahan jumlah Subsequently, the Bank increased its listed shares
saham-saham terdaftar melalui saham bonus, through bonus shares, Limited Public Offerings
Penawaran Umum Terbatas dengan Hak Memesan with Pre-emptive Rights (Rights Issue) I, II, III, IV,
Efek Terlebih Dahulu (Rights Issue) I, II, III, IV, dan and V and through Employee/Management Stock
V dan dalam rangka Program Kompensasi Option Program (“E/MSOP”).
Karyawan/Manajemen Berbasis Saham
(“E/MSOP”).
Bank menerima Surat Pemberitahuan Efektif The Bank received Effective Letter
No.S-2196/PM/1993 dari Badan Pengawasan Pasar No.S-2196/PM/1993 from Capital Market and
Modal dan Lembaga Keuangan (“Bapepam - LK”), Financial Institution Supervisory Board (“Bapepam
dahulu bernama Badan Pengawas Pasar Modal - LK”), previously Capital Market Supervisory
(“Bapepam”), sehubungan dengan Penawaran Board (“Bapepam”), in conjunction with Limited
Umum Terbatas I dengan Hak Memesan Efek Public Offering I with Pre-emptive Rights on
Terlebih Dahulu pada tanggal 24 Desember 1993. 24 December 1993.
Bank menerima Surat Pemberitahuan Efektif The Bank received Effective Letter
No.S-608/PM/1996 dari Bapepam - LK, sehubungan No.S-608/PM/1996 from Bapepam - LK, in
dengan Penawaran Umum Terbatas II dengan Hak conjunction with Limited Public Offering II with Pre-
Memesan Efek Terlebih Dahulu pada tanggal emptive Rights on 29 April 1996.
29 April 1996.
Bank menerima Surat Pemberitahuan Efektif The Bank received Effective Letter
No.S-429/PM/1999 dari Bapepam - LK, sehubungan No.S-429/PM/1999 from Bapepam - LK, in
dengan Penawaran Umum Terbatas III dengan Hak conjunction with Limited Public Offering III with
Memesan Efek Terlebih Dahulu pada tanggal Pre-emptive Rights on 29 June 1999.
29 Maret 1999.
Bank menerima Surat Pemberitahuan Efektif The Bank received Effective Letter
No.S-2093/BL/2009 dari Bapepam - LK sehubungan No.S-2093/BL/2009 from Bapepam - LK in
dengan Penawaran Umum Terbatas IV dengan Hak conjunction with Limited Public Offering IV with
Memesan Efek Terlebih Dahulu pada tanggal Pre-emptive Rights on 20 June 2009.
20 Maret 2009.
Bank menerima Surat Pemberitahuan Efektif The Bank received Effective Letter
No.S-9534/BL/2011 dari Bapepam - LK sehubungan No.S-9534/BL/2011 from Bapepam - LK in
dengan Penawaran Umum Terbatas V dengan Hak conjunction with Limited Public Offering V with Pre-
Memesan Efek Terlebih Dahulu pada tanggal emptive Rights on 24 August 2011.
24 Agustus 2011.
LAMPIRAN – 5/2 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 569
Page 572
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Penawaran umum saham Bank (lanjutan) b. Public offering of the Bank’s shares
(continued)
Sesuai dengan akta notaris No.55 tanggal In accordance with notarial deed No.55 dated
24 Agustus 2011 yang dibuat di hadapan Fathiah 24 August 2011 of Fathiah Helmi, S.H., Notary in
Helmi, S.H., Notaris di Jakarta, para pemegang Jakarta, the Bank’s shareholders through the
saham Bank melalui Rapat Umum Pemegang Extraordinary General Meeting of Shareholders
Saham Luar Biasa (“RUPSLB”) pada tanggal (“EGMS”) dated 24 August 2011 approved the
24 Agustus 2011 telah menyetujui rencana untuk Bank’s plan to conduct the Limited Public Offering
melakukan Penawaran Umum Terbatas dengan Hak with pre-emptive rights (Rights Issue) V, with the
Memesan Efek Terlebih Dahulu (Rights Issue) V, approved maximum new shares issued by the
dengan jumlah saham baru yang akan dikeluarkan Bank of 1,162,285,399 B series shares.
oleh Bank sebanyak-banyaknya 1.162.285.399 In accordance with the Shareholders Register
saham seri B. Sesuai dengan Daftar Pemegang dated 26 September 2011, an allotment date of the
Saham pada tanggal 26 September 2011 yang above Rights Issue, the total new shares issued in
merupakan tanggal penjatahan Rights Issue conjunction with Rights Issue V were
tersebut di atas, jumlah saham baru yang 1,162,285,399 B series shares.
dikeluarkan dalam rangka Rights Issue V adalah
sebanyak 1.162.285.399 saham seri B.
Berikut adalah kronologis pencatatan saham Bank The chronological overview of the Bank’s issued
pada bursa efek di Indonesia sejak Penawaran shares on the stock exchanges in Indonesia since
Umum Perdana: the Initial Public Offering is as follows:
Saham Seri A/
A Series Shares
Saham yang berasal dari Penawaran
Umum Perdana pada tahun 1989 12.000.000 Shares from Initial Public Offering in 1989
Saham pendiri 22.400.000 Founders’ shares
Saham bonus yang berasal dari kapitalisasi Bonus shares from capitalization
tambahan modal disetor - agio saham of additional paid-up capital - capital
pada tahun 1992 34.400.000 paid in excess of par value in 1992
Saham yang berasal dari Penawaran
Umum Terbatas dengan Hak Memesan Shares from Limited Public Offering with
Efek Terlebih Dahulu (Rights Issue) I Pre-emptive Rights (Rights Issue)
pada tahun 1993 224.000.000 I in 1993
Saham bonus yang berasal dari kapitalisasi Bonus shares from capitalization
tambahan modal disetor - agio saham of additional paid-up capital - capital
pada tahun 1995 112.000.000 paid in excess of par value in 1995
Saham yang berasal dari Penawaran
Umum Terbatas dengan Hak Memesan Shares from Limited Public Offering with
Efek Terlebih Dahulu (Rights Issue) II Pre-emptive Rights (Rights Issue)
pada tahun 1996 560.000.000 II in 1996
Saham pendiri pada tahun 1996 155.200.000 Founders’ shares in 1996
Saham yang berasal dari perubahan nilai
nominal saham pada tahun 1997 1.120.000.000 Shares resulting from stock split in 1997
2.240.000.000
Peningkatan nilai nominal saham menjadi : 20 Increase in par value to
Rp10.000 (nilai penuh) per saham Rp10,000 (full amount) per share
melalui pengurangan jumlah saham through reduction in total number
(reverse stock split) pada tahun 2001 112.000.000 of shares (reverse stock split) in 2001
Peningkatan nilai nominal saham menjadi :5 Increase in par value to
Rp50.000 (nilai penuh) per saham Rp50,000 (full amount) per share
melalui pengurangan jumlah saham through reduction in total number
(reverse stock split) pada tahun 2003 22.400.000 of shares (reverse stock split) in 2003
Jumlah saham seri A pada tanggal Total A series shares
31 Desember 2024 (Catatan 30) 22.400.000 as of 31 December 2024 (Note 30)
LAMPIRAN – 5/3 – SCHEDULE
570 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 573
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Penawaran umum saham Bank (lanjutan) b. Public offering of the Bank’s shares
(continued)
Saham Seri B/
B Series Shares
Saham yang berasal dari Penawaran Umum Shares from Limited Public Offering with
Terbatas dengan Hak Memesan Efek Terlebih Pre-emptive Rights (Rights Issue)
Dahulu (Rights Issue) III pada tahun 1999 215.040.000.000 III in 1999
Saham yang diterbitkan dalam rangka Shares issued in connection with
penggabungan usaha dengan PDFCI pada the Bank’s merger with
tahun 1999 45.375.000.000 the former PDFCI in 1999
Saham yang diterbitkan dalam rangka Shares issued in connection with
penggabungan usaha dengan Bank Tiara the Bank’s merger with
pada tahun 2000 35.557.200.000 Bank Tiara in 2000
Saham yang diterbitkan dalam rangka Shares issued in connection with
penggabungan usaha dengan 7 BTO* (Taken- the Bank’s merger with
Over Banks) lainnya pada tahun 2000 192.480.000.000 7 Taken-Over Banks* (BTOs) in 2000
488.452.200.000
Peningkatan nilai nominal saham menjadi : 20 Increase in par value to
Rp100 (nilai penuh) per saham melalui Rp100 (full amount) per share
pengurangan jumlah saham (reverse stock through reduction in total number of
split) pada tahun 2001 24.422.610.000 shares (reverse stock split) in 2001
Peningkatan nilai nominal saham menjadi :5 Increase in par value to
Rp500 (nilai penuh) per saham melalui Rp500 (full amount) per share
pengurangan jumlah saham (reverse stock through reduction in total number of
split) pada tahun 2003 4.884.522.000 shares (reverse stock split) in 2003
Saham yang berasal dari Penawaran Umum
Terbatas dengan Hak Memesan Efek Shares from Limited Public Offering with
Terlebih Dahulu (Rights Issue) IV pada Pre-emptive Rights (Rights Issue)
tahun 2009 3.314.893.116 IV in 2009
Saham yang berasal dari Penawaran Umum
Terbatas dengan Hak Memesan Efek Shares from Limited Public Offering with
Terlebih Dahulu (Rights Issue) V pada Pre-emptive Rights (Rights Issue)
tahun 2011 1.162.285.399 V in 2011
Saham yang diterbitkan dalam rangka Shares issued in connection with
Program Kompensasi Karyawan/Manajemen Employee/Management Stock Option
Berbasis Saham (tahap I-III) Program (tranche I-III)
- 2005 13.972.000 2005 -
- 2006 24.863.000 2006 -
- 2007 87.315.900 2007 -
- 2008 13.057.800 2008 -
- 2009 29.359.300 2009 -
- 2010 26.742.350 2010 -
- 2011 5.232.500 2011 -
Saham yang diterbitkan dalam rangka Shares issued in connection with the
penggabungan usaha dengan PT Bank Bank’s merger with PT Bank Nusantara
Nusantara Parahyangan Tbk pada tahun 2019 188.909.505 Parahyangan Tbk in 2019
Jumlah saham seri B pada tanggal Total B series shares as of
31 Desember 2024 (Catatan 30) 9.751.152.870 31 December 2024 (Note 30)
* 7 BTO terdiri dari PT Bank Duta Tbk, PT Bank Rama * 7 BTOs consist of PT Bank Duta Tbk, PT Bank Rama
Tbk, PT Bank Tamara Tbk, PT Bank Nusa Nasional Tbk, PT Bank Tamara Tbk, PT Bank Nusa Nasional
Tbk, PT Bank Pos Nusantara, PT JayaBank Tbk, PT Bank Pos Nusantara, PT JayaBank
International, dan PT Bank Risjad Salim Internasional. International, and PT Bank Risjad Salim
Internasional.
LAMPIRAN – 5/4 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 571
Page 574
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
b. Penawaran umum saham Bank (lanjutan) b. Public offering of the Bank’s shares
(continued)
Terhitung mulai tanggal 1 Mei 2019 PT Bank Starting from 1 May 2019 PT Bank Danamon
Danamon Indonesia Tbk dan PT Bank Nusantara Indonesia Tbk and PT Bank Nusantara
Parahyangan Tbk “BNP” telah efektif bergabung Parahyangan Tbk “BNP” has effective merged as
sebagaimana dimuat dalam Akta Nomor 123 tanggal specified into Deed number 123 dated 29 April
29 April 2019 yang dibuat oleh Mala Mukti, Sarjana 2019 made by Mala Mukti, Bachelor of Law, Lex
Hukum, Lex Legibus Magister, Notaris di Jakarta Legibus Magister, Notary in Jakarta and has been
dan telah disetujui oleh Menteri Hukum dan Hak approved by the Minister of Law and Human Rights
Asasi Manusia Republik Indonesia melalui Surat of the Republic of Indonesia through Decree Letter
Keputusan Menteri Hukum dan Hak Asasi Manusia No.AHU-AH.01.10-0008351 dated 30 April 2019
Republik Indonesia No.AHU-AH.01.10-0008351 regarding Acceptance Notification on Merger of
tanggal 30 April 2019 tentang Penerimaan PT Bank Danamon Indonesia Tbk, Approval on
Pemberitahuan Penggabungan Perseroan PT Bank Amendment of Articles of Association of PT Bank
Danamon Indonesia Tbk, Surat Keputusan Menteri Danamon Indonesia Tbk, Decree Letter Number
Hukum dan Hak Asasi Manusia Republik Indonesia No.AHU-AH.01.03-0224741 dated 30 April 2019
No.AHU-AH.01.03-0224741 tanggal 30 April 2019 concerning Acceptance on Notification of Articles
tentang Penerimaan Pemberitahuan Perubahan of Association of PT Bank Danamon Indonesia
Anggaran Dasar PT Bank Danamon Indonesia Tbk, Tbk, Decree Letter Number No.AHU-AH.01.03-
Surat Keputusan Menteri Hukum dan Hak Asasi 0224743 dated 30 April 2019 concerning
Manusia Republik Indonesia No.AHU-AH.01.03- Acceptance on Notification of PT Bank Danamon
0224743 tanggal 30 April 2019 tentang Penerimaan Indonesia Tbk’s data amendment.
Pemberitahuan Perubahan Data Perseroan PT Bank
Danamon Indonesia Tbk.
Sehubungan dengan penggabungan usaha In relation to the merger, the Bank has converted
tersebut, Bank melakukan konversi saham BNP BNP’s shares through an additional of 188,909,505
melalui penambahan sejumlah 188.909.505 saham, shares, so the issued and fully paid B series shares
sehingga jumlah modal ditempatkan dan disetor and additional paid-in capital increased by
penuh saham seri B dan tambahan modal disetor Rp94,455 and Rp729,647, respectively.
meningkat masing-masing sebesar Rp94.455 dan
Rp729.647.
c. Entitas Anak c. Subsidiary
Bank mempunyai kepemilikan langsung pada The Bank has a direct ownership interest in the
Entitas Anak sebagai berikut: following Subsidiary:
Tahun
Persentase kepemilikan/ beroperasi
Percentage of komersial/
Kegiatan ownership Year Jumlah aset/Total assets
usaha/ commercial
Nama entitas anak/ Business Domisili/ operations
Name of subsidiaries activity Domicile 2024 2023 commenced 2024 2023
PT Adira Dinamika Pembiayaan/ Jakarta,
Multi Finance Tbk Financing Indonesia 92,07% 92,07% 1991 32.588.191 31.007.222
LAMPIRAN – 5/5 – SCHEDULE
572 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 575
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Entitas Anak (lanjutan) c. Subsidiary (continued)
PT Adira Dinamika Multi Finance Tbk (ADMF) PT Adira Dinamika Multi Finance Tbk (ADMF)
Pada tanggal 26 Januari 2004, Bank telah On 26 January 2004, the Bank signed a
menandatangani Perjanjian Jual Beli Bersyarat Conditional Sale and Purchase Agreement
(“PJBB”) untuk mengakuisisi 75% dari jumlah saham (“CSPA”) to acquire 75% of the issued shares of
yang dikeluarkan PT Adira Dinamika Multi Finance PT Adira Dinamika Multi Finance Tbk (“ADMF”)
Tbk (“ADMF”) dengan harga perolehan Rp850.000. with a purchase price of Rp850,000. The closing
Akuisisi ini diselesaikan pada tanggal date of this acquisition was on 7 April 2004. Based
7 April 2004. Sesuai dengan PJBB ini, Bank berhak on the CSPA, the Bank is entitled to 75% of
atas 75% dari laba bersih ADMF sejak tanggal ADMF’s net income starting from 1 January 2004.
1 Januari 2004.
Rincian aset neto yang diakuisisi dan goodwill pada Details of net assets acquired and goodwill as of
tanggal akuisisi adalah sebagai berikut: the acquisition date are as follows:
Jumlah aset 1.572.026 Total assets
Jumlah liabilitas (1.241.411) Total liabilities
Aset neto 330.615 Net assets
Penyesuaian atas nilai wajar aset neto Adjustment to fair value of net assets due
karena pembayaran dividen (125.000) to dividend distribution
Nilai wajar aset neto (100%) 205.615 Fair value of net assets (100%)
Harga perolehan 850.000 Purchase price
Nilai wajar aset neto yang diakuisisi (75%) (154.211) Fair value of net assets acquired (75%)
Goodwill (Recognized in accordance with
Goodwill (Dicatat sesuai dengan standar the accounting standard at the time of the
akuntansi pada waktu transaksi terjadi) 695.789 transaction occurred)
Berdasarkan PJBB, Bank juga memperoleh 90% hak Based on the CSPA, the Bank is also entitled to
kepemilikan atas perusahaan terafiliasi ADMF, 90% ownership of the affiliated companies of
PT Zurich Asuransi Indonesia Tbk (Dahulu ADMF, PT Zurich Asuransi Indonesia Tbk
PT Asuransi Adira Dinamika Tbk) (“ZAI”), dan (Formerly PT Asuransi Adira Dinamika Tbk)
PT Adira Quantum Multifinance (“AQ”) (likuidasi). (“ZAI”), and PT Adira Quantum Multifinance (“AQ”)
(liquidated).
Pada tanggal 26 Januari 2004, Bank juga telah On 26 January 2004, the Bank also signed a Call
menandatangani Perjanjian Call Option, yang Option Agreement, which was then last amended
terakhir diubah dengan “Fourth Amendment to the by the “Fourth Amendment to the Amended and
Amended and Restated Call Option Agreement” Restated Call Option Agreement” dated
tertanggal 22 Desember 2006. Berdasarkan 22 December 2006. Based on the Call Option
Perjanjian Call Option tersebut, Bank berhak untuk Agreement, the Bank has a right to purchase up to
membeli sampai dengan 20%, dari jumlah saham 20%, of the remaining total issued shares of ADMF
yang dikeluarkan oleh ADMF pada harga tertentu at an approved pre-determined strike price. This
yang telah disetujui. Call option ini jatuh tempo pada call option expired on 30 April 2009. On 8 April
tanggal 30 April 2009. Pada tanggal 8 April 2009, 2009, the Bank signed “Extension to the Amended
Bank telah menandatangani “Extensions to the and Restated Call Option Agreement” which
Amended and Restated Call Option Agreement” extended the Call Option expiry date to 31 July
yang memperpanjang jatuh tempo Call Option 2009. On the Call Option issuance date, the Bank
menjadi tanggal 31 Juli 2009. Pada tanggal paid a premium of Rp186,875 for this call option.
penerbitan Call Option, Bank membayar premi
sebesar Rp186.875 atas call option ini.
Pada tanggal 22 November 2005, BI memberikan On 22 November 2005, BI gave a formal approval
persetujuan formal atas penyertaan modal pada on the 95% ownership investment in ADMF.
ADMF dengan porsi kepemilikan saham sebesar
95%.
LAMPIRAN – 5/6 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 573
Page 576
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Entitas Anak (lanjutan) c. Subsidiary (continued)
PT Adira Dinamika Multi Finance Tbk (ADMF) PT Adira Dinamika Multi Finance Tbk (ADMF)
(lanjutan) (continued)
Pada tanggal 9 Juli 2009, Bank telah mengeksekusi On 9 July 2009, the Bank had executed its call
call option-nya untuk membeli 20% saham ADMF option to buy 20% of ADMF’s shares with
dengan nilai akuisisi sebesar Rp1.628.812, dimana acquisition cost of Rp1,628,812, which amount
jumlah ini termasuk premi yang telah dibayar untuk included the payment for call option of Rp186,875.
call option sebesar Rp186.875. Dengan demikian, Therefore, since 9 July 2009, the Bank had owned
sejak tanggal 9 Juli 2009, Bank telah memiliki 95% 95% of ADMF’s shares and had been entitled
saham ADMF dan berhak atas tambahan 20% dari additionally to 20% of ADMF’s net profit since
laba bersih ADMF sejak tanggal 1 Januari 2009. 1 January 2009. ADMF’s Articles of Association
Anggaran Dasar ADMF telah mengalami beberapa has been amended several times with the latest
kali perubahan, perubahan terakhir dilakukan amendment effected by Notarial Deed of Mala
dengan Akta Notaris Mala Mukti, S.H., LL.M., No.40 Mukti, S.H., LL.M., No. 40 dated 15 October 2021.
tanggal 15 Oktober 2021. Perubahan ini diterima This amendment has been received and recorded
dan dicatat dalam Sistem Administrasi Badan in the database of Legal Entity Administrative
Hukum Kementerian Hukum dan Hak Asasi Manusia System of the Ministry of Laws and Human Rights
Republik Indonesia dalam Surat Penerimaan of the Republic of Indonesia through its Letter of
Pemberitahuan Perubahan Anggaran Dasar Receipt of Notice on Amendment to the Articles of
PT Adira Dinamika Multi Finance Tbk Association of PT Adira Dinamika Multi Finance
No.AHU-AH.01.03-0465665 tanggal 27 Oktober Tbk No.AHU-AH.01.03-0465665 dated 27 October
2021. 2021.
Rincian aset neto yang diakuisisi dan goodwill pada Details of net assets acquired and goodwill as of
tanggal eksekusi adalah sebagai berikut: the exercise date are as follows:
Jumlah aset 3.592.024 Total assets
Jumlah liabilitas (1.642.021) Total liabilities
Nilai wajar aset neto (100%) 1.950.003 Fair value of net assets (100%)
Harga perolehan 1.628.812 Purchase price
Nilai wajar aset neto yang diakuisisi (20%) (390.000) Fair value of net assets acquired (20%)
Goodwill (Recognized in accordance with
Goodwill (Dicatat sesuai dengan standar the accounting standard at the time
akuntansi pada waktu transaksi terjadi) 1.238.812 of the transaction occurred)
Konsolidasi ZAI dan AQ (likuidasi) pada bulan April Consolidation of ZAI and AQ (liquidated) in April
2006 menyebabkan perubahan nilai penyertaan 2006 caused a change in the investment amount in
modal pada ADMF dan perubahan nilai buku ADMF and change in net book value of goodwill as
goodwill seperti berikut ini: calculated below:
Perhitungan Sesudah konsolidasi dengan ZAI dan AQ/
awal ADMF After consolidating ZAI and AQ
saja/Initial
calculation
ADMF only ADMF ZAI AQ Total
Harga perolehan 850.000 822.083 19.020 8.897 850.000 Purchase price
Nilai wajar aset neto Fair value of net
yang diakuisisi (154.211) (154.211) (19.020) (8.897) (182.128) assets acquired
Goodwill (Catatan 2s) 695.789 667.872 - - 667.872 Goodwill (Note 2s)
LAMPIRAN – 5/7 – SCHEDULE
574 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 577
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
c. Entitas Anak (lanjutan) c. Subsidiary (continued)
PT Adira Dinamika Multi Finance Tbk (ADMF) PT Adira Dinamika Multi Finance Tbk (ADMF)
(lanjutan) (continued)
Pada tanggal 25 Januari 2016, Bank telah On 25 January 2016, the Bank divested 2.93%
melakukan divestasi sebesar 2,93% atas ownership in the shares of ADMF to meet minimum
kepemilikan saham di ADMF untuk memenuhi percentage of shares not owned by controlling and
persentase saham minimum sebesar 7,5% saham main shareholder of 7.5% based on regulatory
yang tidak dimiliki oleh pemegang saham decision of the Board of Directors of the Indonesia
pengendali dan pemegang saham utama Stock Exchange No.Kep-00001/BEI/01-2014.
berdasarkan peraturan Keputusan Direksi Bursa Consequently, the Bank’s ownership in ADMF is
Efek Indonesia No.Kep-00001/BEI/01-2014. become 92.07%.
Sehingga, kepemilikan Bank di ADMF menjadi
sebesar 92,07%.
PT Adira Quantum Multifinance (AQ) (likuidasi) PT Adira Quantum Multifinance (AQ)
(liquidated)
Penyelesaian harta kekayaan dan kewajiban Assets and obligation settlement concerning the
sehubungan dengan proses pembubaran dan dissolution and liquidation process of AQ has been
likuidasi AQ telah selesai dilakukan yang dituangkan completed as stipulated in the Deed of
dalam Akta Pernyataan Keputusan Pemegang Shareholders Resolution No. 17 dated 4 April 2023
Saham No.17 tanggal 4 April 2023 yang dibuat made before Jimmy Tanal, S.H., M.Kn, Notary in
dihadapan Jimmy Tanal, S.H., M.Kn, Notaris di South Jakarta and has been recorded and deleted
Jakarta Selatan dan telah dicatat dan dihapus dari from the Company Registry by the Minister of Law
Daftar Perseroan oleh Menteri Hukum dan Hak and Human Rights of the Republic of Indonesia in
Asasi Manusia Republik Indonesia dengan Surat Decree No.AHU.01.03.00304 dated 6 June 2023.
Keputusan No.AHU.01.03-00304 tanggal 6 Juni
2023.
d. Dewan Komisaris dan Direksi d. Boards of Commissioners and Directors
Pada tanggal 31 Desember 2024 dan 2023, susunan As of 31 December 2024 and 2023, the composition
Dewan Komisaris dan Direksi adalah sebagai berikut: of the Bank’s Boards of Commissioners and Directors
are as follows:
2024 2023
Komisaris Utama Bpk./Mr. Yasushi Itagaki Bpk./Mr. Yasushi Itagaki President Commissioner
Wakil Komisaris Utama Independent Vice President
Independen Bpk./Mr. Halim Alamsyah Bpk./Mr. Halim Alamsyah Commissioner
Komisaris Bpk./Mr. Nobuya Kawasaki Bpk./Mr. Nobuya Kawasaki Commissioner
Komisaris Bpk./Mr. Dan Harsono Bpk./Mr. Dan Harsono Commissioner
Komisaris Independen Bpk./Mr. Peter Benyamin Stok Bpk./Mr. Peter Benyamin Stok Independent Commissioner
Komisaris Independen Ibu/Mrs. Hedy Maria Helena Lapian Ibu/Mrs. Hedy Maria Helena Lapian Independent Commissioner
LAMPIRAN – 5/8 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 575
Page 578
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
d. Dewan Komisaris dan Direksi (lanjutan) d. Boards of Commissioners and Directors
(continued)
Pada tanggal 31 Desember 2024 dan 2023, susunan As of 31 December 2024 and 2023, the composition
Dewan Komisaris dan Direksi Bank adalah sebagai of the Bank’s Boards of Commissioners and Directors
berikut (lanjutan): are as follows (continued):
2024 2023
Direktur Utama Bpk./Mr. Daisuke Ejima Bpk./Mr. Daisuke Ejima President Director
Wakil Direktur Utama Bpk./Mr. Honggo Widjojo Kangmasto Bpk./Mr. Honggo Widjojo Kangmasto Vice President Director
Wakil Direktur Utama Bpk./Mr. Hafid Hadeli Bpk./Mr. Hafid Hadeli Vice President Director
Direktur Bpk./Mr. Herry Hykmanto Bpk./Mr. Herry Hykmanto Director
Direktur Bpk./Mr. Muljono Tjandra Bpk./Mr. Muljono Tjandra Director
Direktur Bpk./Mr. Dadi Budiana Bpk./Mr. Dadi Budiana Director
Direktur Ibu/Mrs. Rita Mirasari Ibu/Mrs. Rita Mirasari Director
Direktur Bpk./Mr. Thomas Sudarma Bpk./Mr. Naoki Mizoguchi1) Director
Direktur Bpk./Mr. Jin Yoshida2) Bpk./Mr. Thomas Sudarma Director
1)
Masa jabatan Bpk. Naoki Mizoguchi berakhir efektif tanggal 1 April 1)
The term of office of Mr. Naoki Mizoguchi ended effectively dated
2024 berdasarkan hasil keputusan RUPS Tahunan tanggal 1 April 2024 based on resolutions of AGMS dated 22 March 2024.
22 Maret 2024.
2)
Pengangkatan Bpk. Jin Yoshida berdasarkan keputusan RUPS 2)
The appointment of Mr. Jin Yoshida based on resolution of AGMS
Tahunan tanggal 22 Maret 2024 dan telah efektif tanggal 11 Juli dated 22 March 2024 and effective as of dated 11 July 2024 based on
2024 berdasarkan hasil lulus uji kemampuan dan kepatutan dari the result of passing the fit and proper test from Financial Services
Otoritas Jasa Keuangan (OJK). Authority (OJK).
Pada tanggal 31 Desember 2024, Bank dan Entitas As of 31 December 2024, the Bank and Subsidiary
Anak mempunyai 23.253 karyawan tetap dan 2.393 had 23,253 permanent employees and 2,393 non-
karyawan tidak tetap (2023: 23.238 karyawan tetap permanent employees (2023: 23,238 permanent
dan 2.757 karyawan tidak tetap) (tidak diaudit). employees and 2,757 non-permanent employees)
(unaudited).
e. Dewan Pengawas Syariah e. Sharia Supervisory Board
Susunan Dewan Pengawas Syariah pada tanggal The composition of the Sharia Supervisory Board
31 Desember 2024 dan 2023 adalah sebagai as of 31 December 2024 and 2023 are as follows:
berikut:
2024 2023
Bpk./Mr. Prof. Dr. H. M. Din Bpk./Mr. Prof. Dr. H. M. Din
Ketua Syamsuddin Syamsuddin Chairman
Anggota Bpk./Mr. Dr. Hasanudin, M.Ag. Bpk./Mr. Dr. Hasanudin, M.Ag. Member
Anggota Bpk./Mr. Dr. Asep Supyadillah, M.Ag. Bpk./Mr. Dr. Asep Supyadillah, M.Ag. Member
f. Komite Audit f. Audit Committee
Susunan anggota Komite Audit pada tanggal The composition of the Audit Committee as of
31 Desember 2024 dan 2023 adalah sebagai 31 December 2024 and 2023 are as follows:
berikut:
2024 2023
Ketua Bpk./Mr. Halim Alamsyah Bpk./Mr. Halim Alamsyah Chairman
Anggota Ibu/Mrs. Hedy Maria Helena Lapian Ibu/Mrs. Hedy Maria Helena Lapian Member
Anggota (Pihak Independen) Ibu/Mrs. Mawar IR Napitupulu Ibu/Mrs. Mawar IR Napitupulu (Independent Party) Member
Anggota (Pihak Independen) Bpk./Mr. Zainal Abidin Bpk./Mr. Zainal Abidin (Independent Party) Member
g. Komite Pemantau Risiko g. Risk Oversight Committee
Susunan anggota Komite Pemantau Risiko pada The composition of the Risk Oversight Committee
tanggal 31 Desember 2024 dan 2023 adalah sebagai as of 31 December 2024 and 2023 are as follows:
berikut:
2024 2023
Ketua Ibu/Mrs. Hedy Maria Helena Lapian Ibu/Mrs. Hedy Maria Helena Lapian Chairman
Anggota Bpk./Mr. Peter Benyamin Stok Bpk./Mr. Peter Benyamin Stok Member
Anggota Bpk./Mr. Nobuya Kawasaki Bpk./Mr. Nobuya Kawasaki Member
Anggota Bpk./Mr. Dan Harsono Bpk./Mr. Dan Harsono Member
Anggota (Pihak Independen) Ibu/Mrs. Mawar IR Napitupulu Ibu/Mrs. Mawar IR Napitupulu (Independent Party) Member
Anggota (Pihak Independen) Bpk./Mr. Zainal Abidin Bpk./Mr. Zainal Abidin (Independent Party) Member
LAMPIRAN – 5/9 – SCHEDULE
576 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 579
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
1. UMUM (lanjutan) 1. GENERAL (continued)
h. Komite Nominasi dan Remunerasi h. Nomination and Remuneration Committee
Susunan anggota Komite Nominasi dan Remunerasi The composition of the Nomination and
pada tanggal 31 Desember 2024 dan 2023 adalah Remuneration Committee as of 31 December 2024
sebagai berikut: and 2023 are as follows:
2024 2023
Ketua Bpk./Mr. Halim Alamsyah Bpk./Mr. Halim Alamsyah Chairman
Anggota Bpk./Mr. Yasushi Itagaki Bpk./Mr. Yasushi Itagaki Member
Anggota Ibu/Mrs. Hedy Maria Helena Lapian Ibu/Mrs. Hedy Maria Helena Lapian Member
Anggota Bpk./Mr. Nobuya Kawasaki Bpk./Mr. Nobuya Kawasaki Member
Anggota Bpk./Mr. Roy Fahrizal Permana Bpk./Mr. Roy Fahrizal Permana Member
i. Komite Corporate Governance i. Corporate Governance Committee
Susunan anggota Komite Corporate Governance The Corporate Governance Committee as of
pada tanggal 31 Desember 2024 dan 2023 adalah 31 December 2024 and 2023 are as follows:
sebagai berikut:
2024 2023
Ketua Bpk./Mr. Peter Benyamin Stok Bpk./Mr. Peter Benyamin Stok Chairman
Anggota Bpk./Mr. Nobuya Kawasaki Bpk./Mr. Nobuya Kawasaki Member
j. Komite Tata Kelola Terintegrasi j. Integrated Corporate Governance Committee
Susunan anggota Komite Tata Kelola Terintegrasi The composition of the Integrated Corporate
pada tanggal 31 Desember 2024 dan 2023 adalah Governance Committee as of and 31 December
sebagai berikut: 2024 and 2023 are as follows:
2024 2023
Ketua Bpk./Mr. Peter Benyamin Stok Bpk./Mr. Peter Benyamin Stok Chairman
Anggota Bpk./Mr. Nobuya Kawasaki Bpk./Mr. Nobuya Kawasaki Member
Anggota Bpk./Mr. Prof. Dr. H. M. Din Syamsuddin Bpk./Mr. Prof. Dr. H. M. Din Syamsuddin Member
Anggota Bpk./Mr. Krisna Wijaya Bpk./Mr. Krisna Wijaya Member
Anggota Bpk./Mr. Zainal Abidin Bpk./Mr. Zainal Abidin Member
Anggota Bpk./Mr. Christopher Mark Davies Bpk./Mr. Christopher Mark Davies Member
Anggota Bpk./Mr. Yasuhiko Togo Bpk./Mr. Yasuhiko Togo Member
Anggota Bpk./Mr. Andre S.Painchaud Bpk./Mr. Andre S.Painchaud Member
Anggota Bpk./Mr. I Nyoman Tjager1) - Member
1)
Efektif menjadi anggota Komite Tata Kelola Terintegrasi pada 1)
Effective as a member of the Integrated Corporate Governance
tanggal 11 Desember 2024. Committee on 11 December 2024.
k. Sekretaris Perusahaan k. Corporate Secretary
Sekretaris Perusahaan Bank pada tanggal The Corporate Secretary of the Bank as of
31 Desember 2024 dan 2023 adalah Rita Mirasari. 31 December 2024 and 2023 was Rita Mirasari.
l. Satuan Kerja Audit Intern l. Internal Audit Task Force
Pada tanggal 31 Desember 2024 dan 2023 Kepala As of 31 December 2024 and 2023 the Chief of
Satuan Kerja Audit Internal (SKAI) adalah Yenny Internal Audit Unit (SKAI) was Yenny Linardi.
Linardi.
m. Tanggal diotorisasi Laporan Keuangan m. Authorization date of The Consolidated
Konsolidasian Financial Statements
Laporan keuangan konsolidasian Bank dan Entitas The consolidated financial statements of the Bank
Anak diotorisasi untuk terbit oleh Direksi pada tanggal and Subsidiary were authorized for issue by the
14 Februari 2025. Board of Directors on 14 February 2025.
LAMPIRAN – 5/10 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 577
Page 580
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
Kebijakan akuntansi material, yang diterapkan dalam The material accounting policies, applied in the
penyusunan laporan keuangan konsolidasian Bank dan preparation of the consolidated financial statements of the
Entitas Anak pada tanggal dan tahun yang berakhir pada Bank and Subsidiary as of and for the the year ended
tanggal 31 Desember 2024 dan 2023 adalah sebagai 31 December 2024 and 2023 as follows:
berikut:
a. Pernyataan kepatuhan a. Statement of compliance
Laporan keuangan konsolidasian telah disusun dan The consolidated financial statements have been
disajikan sesuai dengan Standar Akuntansi prepared and presented in accordance with
Keuangan di Indonesia, Standar Akuntansi Indonesian Financial Accounting Standards, Sharia
Keuangan Syariah dan peraturan Bapepam-LK Financial Accounting Standards and the
VIII.G.7 yang merupakan lampiran keputusan ketua Bapepam-LK VIII.G.7 Appendix of the Decree of the
Bapepam -LK No. KEP 347/BL/2012 tanggal 25 Juni Chairman of the BAPEPAM-LK No. KEP
2012 tentang “Penyajian dan Pengungkapan 347/BL/2012 dated 25 June 2012 regarding
Laporan Keuangan Emiten atau Perusahaan Publik”. “Financial Statement Presentation and Disclosure of
the Issuer or Public Company”.
b. Dasar penyusunan laporan keuangan b. Basis for preparation of the consolidated
konsolidasian financial statements
Laporan keuangan konsolidasian disusun The consolidated financial statements were
berdasarkan konsep nilai historis dan atas dasar prepared on the accrual basis and under the
akrual, kecuali dinyatakan khusus. historical cost concept, unless otherwise specified.
Biaya historis umumnya didasarkan pada nilai wajar Historical cost is generally based on the fair value of
dari imbalan yang diberikan dalam pertukaran the consideration given in exchange for goods and
barang dan jasa. services.
Nilai wajar adalah harga yang akan diterima untuk Fair value is the price that would be received to sell
menjual suatu aset atau harga yang akan dibayar an asset or paid to transfer a liability in an orderly
untuk mengalihkan suatu liabilitas dalam suatu transaction between market participants at the
transaksi teratur antara pelaku pasar pada tanggal measurement date, regardless of whether that price
pengukuran, terlepas dari apakah harga tersebut is directly observable or estimated using another
dapat diamati secara langsung atau diestimasi valuation technique. In estimating the fair value of an
menggunakan teknik penilaian lain. Dalam asset or a liability, the Bank and Subsidiary take into
mengestimasi nilai wajar dari suatu aset atau account the characteristics of the asset or liability if
liabilitas, Bank dan Entitas Anak memperhitungkan market participants would take those characteristics
karakteristik aset atau liabilitas jika pelaku pasar into account when pricing the asset or liability at the
akan memperhitungkan karakteristik tersebut ketika measurement date.
menentukan harga aset atau liabilitas pada tanggal
pengukuran.
Laporan arus kas konsolidasian disusun dengan The consolidated statements of cash flows are
menggunakan metode langsung dengan prepared based on direct method by classifying cash
mengelompokkan arus kas ke dalam kegiatan flows on the basis of operating, investing, and
operasi, investasi, dan pendanaan. Untuk tujuan financing activities. For the purpose of consolidated
laporan arus kas konsolidasian, kas dan setara kas statements of cash flows, cash and cash equivalents
mencakup kas, giro pada Bank Indonesia, giro pada include cash, current accounts with Bank Indonesia,
bank lain, penempatan pada bank lain dan Bank current accounts with other banks, placements with
Indonesia dan Sertifikat Bank Indonesia yang jatuh other banks and Bank Indonesia and Certificate of
tempo dalam waktu tiga bulan sejak tanggal Bank Indonesia that mature within three-months
perolehan, sepanjang tidak digunakan sebagai from the date of acquisition, as long as they are not
jaminan atas pinjaman yang diterima serta tidak being pledged as collateral for borrowings nor
dibatasi penggunaannya. restricted.
LAMPIRAN – 5/11 – SCHEDULE
578 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 581
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
b. Dasar penyusunan laporan keuangan b. Basis for preparation of the consolidated
konsolidasian (lanjutan) financial statements (continued)
Pada saat persetujuan laporan keuangan At the time of approving the consolidated financial
konsolidasian, Direksi memiliki suatu ekspektasi statements, Board of Directors have a reasonable
yang memadai bahwa Bank dan Entitas Anak expectation that the Bank and Subsidiary have
memiliki sumber daya yang cukup untuk adequate resources to continue in operational
melanjutkan keberadaan operasinya untuk di masa existence for the foreseeable future. Thus, they
yang akan datang. Sehingga, mereka melanjutkan continue to adopt the going concern basis of
penerapan dasar akuntansi kelangsungan usaha accounting in preparing the consolidated financial
dalam penyusunan laporan keuangan statements.
konsolidasian.
Dalam penyusunan laporan keuangan The preparation of consolidated financial statements
konsolidasian sesuai dengan Standar Akuntansi in conformity with Indonesian Financial Accounting
Keuangan di Indonesia, dibutuhkan pertimbangan, Standards are required to make judgments,
estimasi, dan asumsi jumlah tercatat aset dan estimates and assumptions about the carrying
liabilitas yang tidak tersedia dari sumber lain. amounts of assets and liabilities that are not readily
apparent from other sources.
Walaupun estimasi dan asumsi terkait didasarkan Although these estimates and associated
pada pengetahuan terbaik manajemen atas assumptions are based on management’s best
kejadian dan tindakan saat ini, hasil aktual mungkin knowledge of current events and activities, actual
berbeda dari estimasi tersebut. results may differ from those estimates.
Estimasi dan asumsi yang mendasari ditelaah Estimates and underlying assumptions are reviewed
secara berkesinambungan. Revisi atas estimasi on an ongoing basis. Revisions to accounting
akuntansi diakui pada tahun dimana estimasi estimates are recognized in the year in which the
tersebut direvisi dan tahun yang akan datang yang estimate is revised and in any future year affected.
dipengaruhi oleh revisi estimasi tersebut.
Secara khusus, informasi mengenai hal-hal penting In particular, information about significant areas of
yang terkait dengan ketidakpastian estimasi dan estimation uncertainty and critical judgements in
pertimbangan penting dalam penerapan kebijakan applying accounting policies that have material
akuntansi yang memiliki dampak yang material effect on the amounts recognized in the consolidated
terhadap jumlah yang diakui dalam laporan financial statements are described in Note 3.
keuangan konsolidasian dijelaskan dalam
Catatan 3.
Seluruh angka dalam laporan keuangan Figures in these consolidated financial statements
konsolidasian ini dibulatkan menjadi jutaan Rupiah are rounded to and stated in millions of Rupiah,
yang terdekat, kecuali dinyatakan secara khusus. unless otherwise stated.
c. Perubahan kebijakan akuntansi c. Changes in accounting policies
Dalam tahun berjalan, Bank dan Entitas Anak telah In the current year, the Bank and Subsidiary have
menerapkan sejumlah amendemen/penyesuaian applied a number of amendments/improvements to
PSAK yang relevan dengan operasinya dan efektif PSAK that are relevant to its operations and effective
untuk periode akuntansi yang dimulai pada atau for accounting period beginning on or after 1 January
setelah 1 Januari 2024. Amendemen ini termasuk 2024. These amendments include changes in
perubahan atas referensi atas masing-masing references to the individual PSAKs and ISAKs as
PSAK dan ISAK seperti yang dipublikasikan oleh published by Dewan Standar Akuntansi Keuangan
Dewan Standar Akuntansi Keuangan Ikatan Ikatan Akuntan Indonesia (“DSAK-IAI”):
Akuntan Indonesia (“DSAK-IAI”):
• Amandemen PSAK 201 (sebelumnya PSAK • Amendment to PSAK 201 (formerly PSAK 1)
1) "Penyajian Laporan Keuangan" terkait "Presentation of Financial Statement" related to
liabilitas jangka panjang dengan kovenan; Long-term Liabilities with the covenant;
LAMPIRAN – 5/12 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 579
Page 582
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
c. Perubahan kebijakan akuntansi (lanjutan) c. Changes in accounting policies (continued)
• Amandemen PSAK 116 (sebelumnya PSAK • Amendment to PSAK 116 (formerly PSAK 73)
73) "Sewa" terkait liabilitas sewa pada “Lease” related to lease liabilities in sale and
transaksi jual dan sewa-balik; lease-back transactions;
• Amandemen PSAK 207 (sebelumnya PSAK • Amendment to PSAK 207 (formerly PSAK 2)
2) "Laporan Arus Kas" dan PSAK 107 “Cash Flow Statements” and PSAK 107
(sebelumnya PSAK 60) “Instrumen (formerly PSAK 60) “Financial Instrument:
Keuangan: Pengungkapan” terkait Disclosures” related to disclosures of supplier
pengungkapan terkait pengaturan financing arrangements;
pembiayaan pemasok;
• Penyesuaian Tahunan 2024 atas PSAK 407 • 2024 Annual Adjustment to PSAK. 407 (formerly
(sebelumnya PSAK 107) “Akuntansi Ijarah”. PSAK 107) “Akuntansi Ijarah”. This adjustment
Penyesuaian ini menyelaraskan dan menjaga harmonizes and maintains consistency in the
konsistensi pengaturan untuk pengakuan arrangements for revenue recognition and
pendapatan dan penyajian ijarah atas jasa presentation of ijarah for indirect services.
secara tidak langsung.
Penerapan atas PSAK baru/revisi tidak memiliki The adoption of these new/revised PSAKs has no
dampak material terhadap jumlah yang dilaporkan material effect on the amounts reported in these
dalam laporan keuangan konsolidasian. consolidated financial statements.
d. Prinsip konsolidasian dan ekuitas d. Consolidation principles and equity accounting
d.1. Entitas Anak d.1. Subsidiary
Bank mengendalikan entitas anak ketika Bank The Bank controls a subsidiary when the Bank
terekspos atau memiliki hak atas imbal hasil is exposed to, or has rights to, variable returns
variabel dari keterlibatannya dengan entitas from its involvement with the Subsidiary and
anak dan memiliki kemampuan untuk has the ability to affect those returns through
mempengaruhi imbal hasil tersebut melalui its power over the Subsidiary.
kekuasaannya atas entitas anak.
Entitas Anak dikonsolidasikan sejak tanggal Subsidiary are consolidated from the date on
kendali atas Entitas Anak tersebut beralih which control is transferred to the Bank and as
kepada Bank dan sesuai dengan persetujuan approved by BI for the capital investment and
penyertaan modal dari BI dan tidak lagi are no longer consolidated from the date that
dikonsolidasikan sejak tanggal hilangnya control ceases. The financial statements of
pengendalian. Laporan keuangan Entitas Subsidiary have been prepared using uniform
Anak telah disusun dengan menggunakan accounting policies for similar transactions and
kebijakan akuntansi yang sama dengan other events in similar circumstances.
kebijakan akuntansi yang diterapkan oleh
Bank untuk transaksi yang serupa dan
kejadian lain dalam keadaan yang serupa.
Akuisisi Entitas Anak dicatat dengan Acquisitions of Subsidiary are accounted for
menggunakan metode akuntansi pembelian. using the purchase method accounting. The
Biaya akuisisi diukur sebesar nilai wajar aset cost of an acquisition is measured at the fair
yang diserahkan dan saham yang diterbitkan value of the assets given up and shares issued
atau liabilitas yang diambil alih pada tanggal or liabilities assumed at the date of acquisition.
akuisisi. Kelebihan biaya akuisisi atas nilai The excess of the acquisition cost over the fair
wajar aset neto Entitas Anak dicatat sebagai value of the net assets of the Subsidiary
goodwill (Catatan 2s). acquired is recorded as goodwill (Note 2s).
LAMPIRAN – 5/13 – SCHEDULE
580 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 583
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
d. Prinsip konsolidasian dan ekuitas (lanjutan) d. Consolidation principles and equity accounting
(continued)
d.1. Entitas Anak (lanjutan) d.1. Subsidiary (continued)
Transaksi signifikan antar Bank dan Entitas Significant intercompany transactions,
Anak, saldo dan keuntungan signifikan yang balances and unrealized gains on transactions
belum direalisasi dari transaksi, dieliminasi. between the Bank and Subsidiary are
Kerugian yang belum direalisasi juga eliminated. Unrealized losses are also
dieliminasi, kecuali apabila harga perolehan eliminated unless cost cannot be recovered.
tidak dapat diperoleh kembali.
Bank mengukur kepentingan non-pengendali The Bank measures non-controlling interests
atas basis proporsional pada jumlah yang at its proportionate share of the recognized
diakui atas aset neto yang diidentifikasi pada amount of the identifiable net assets at
tanggal akuisisi. Kepentingan non-pengendali acquisition date. Non-controlling interests are
disajikan di ekuitas dalam laporan posisi presented within equity in the consolidated
keuangan konsolidasian, terpisah dari pemilik statement of financial position, separately from
entitas induk. Laba atau rugi dari setiap the equity holders of the parent entity. Profit or
komponen penghasilan komprehensif lain loss and each component of other
dialokasikan kepada pemilik entitas induk dan comprehensive income are allocated to the
kepentingan non-pengendali. equity holders of the parent entity and non-
controlling interests.
d.2. Entitas Asosiasi d.2. Associate Entity
Entitas Asosiasi adalah entitas dimana Bank Associate is an entity over which the Bank and
dan Entitas Anak memiliki pengaruh signifikan Subsidiary have significant influence but not
namun bukan pengendalian, biasanya melalui control, generally accompanying a
kepemilikan hak suara antara 20% dan 50%. shareholding of between 20% and 50% of the
Investasi Entitas Asosiasi dicatat dengan voting rights. Investment in Associate is
metode ekuitas. accounted for using the equity method of
accounting.
Dengan metode ekuitas, investasi pada entitas Under the equity method, an investment in an
asosiasi diakui di laporan posisi keuangan associate is initially recognized in the
sebesar biaya perolehan dan selanjutnya statement of financial position at cost and
disesuaikan untuk mengakui perubahan dalam adjusted thereafter to recognize changes in
bagian kepemilikan Bank dan Entitas Anak atas the Bank and Subsidiary’s share of the profit or
laba rugi dan penghasilan komprehensif lain loss and other comprehensive income of the
dari entitas asosiasi dan amortisasi atas selisih associate and amortization of the difference
antara nilai wajar neto aset dan liabilitas between the net fair value of the associate’s
teridentifikasi dari entitas asosisasi dengan identifiable assets and liabilities and the cost of
harga perolehan saat tanggal akuisisi. the investment at acquisition date.
Jika bagian Bank dan Entitas Anak atas When the Bank and Subsidiary’s share of
kerugian Entitas Asosiasi sama dengan atau losses in an Associate equals or exceeds its
melebihi kepentingannya pada Entitas interest in the Associate, including any other
Asosiasi, termasuk piutang tanpa agunan, unsecured receivables, the Bank and
Bank dan Entitas Anak menghentikan Subsidiary do not recognize further losses,
pengakuan bagian kerugiannya, kecuali Bank unless it has incurred legal or constructive
dan Entitas Anak memiliki kewajiban atau obligations or made payments on behalf of the
melakukan pembayaran atas nama Entitas Associate.
Asosiasi.
Dividen yang diterima dan yang akan diterima Dividends received or receivable from
dari Entitas Asosiasi diakui sebagai pengurang Associate is recognized as reduction in the
jumlah tercatat investasi. carrying amount of the investment.
LAMPIRAN – 5/14 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 581
Page 584
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
d. Prinsip konsolidasian dan ekuitas (lanjutan) d. Consolidation principles and equity
accounting (continued)
d.2. Entitas Asosiasi (lanjutan) d.2. Associate Entity (continued)
Pada setiap tanggal pelaporan, Bank dan The Bank and Subsidiary determine at each
Entitas Anak menentukan apakah terdapat reporting date whether there is any objective
bukti objektif bahwa telah terjadi penurunan evidence that the investment in the Associate
nilai pada investasi pada Entitas Asosiasi. Jika is impaired. If this is the case, the carrying
demikian, maka nilai tercatat dari investasi yang amount of the equity accounting investments
dicatat dengan akuntansi ekuitas diuji untuk is tested for impairment.
penurunan nilai.
e. Penjabaran mata uang asing e. Foreign currency translation
e.1. Mata uang pelaporan e.1. Reporting currency
Laporan keuangan konsolidasian dinyatakan The consolidated financial statements are
dalam Rupiah, yang merupakan mata uang presented in Rupiah, which is the functional
fungsional Bank dan Entitas Anak. currency of the Bank and Subsidiary.
e.2. Transaksi dan saldo e.2. Transactions and balances
Transaksi dalam mata uang asing dijabarkan ke Transactions denominated in foreign currencies
dalam Rupiah dengan menggunakan kurs yang are translated into Rupiah at the exchange rates
berlaku pada tanggal transaksi. Pada tanggal prevailing at the transaction date. At the
pelaporan, aset dan liabilitas moneter dalam mata reporting date, monetary assets and liabilities
uang asing dijabarkan ke dalam Rupiah dengan denominated in foreign currencies are
kurs yang berlaku pada tanggal tersebut. translated into Rupiah using the exchange rates
prevailing at that date.
Keuntungan dan kerugian selisih kurs yang timbul Exchange gains and losses arising from
dari transaksi dalam mata uang asing dan dari transactions in foreign currencies and from the
penjabaran aset dan liabilitas moneter dalam translation of foreign currency monetary assets
mata uang asing, diakui pada laba rugi tahun and liabilities are recognized to the current year
berjalan. profit or loss.
Berikut ini adalah kurs mata uang asing utama yang Below are the major exchange rates used as of
digunakan pada bulan 31 Desember 2024 dan 31 December 2024 and 2023 using the Reuters’
2023 yang menggunakan kurs tengah Reuters pukul middle rates at 16:00 Western Indonesian Time (full
16:00 Waktu Indonesia Barat (nilai penuh): amount):
2024 2023
Dolar Amerika Serikat 16.095 15.397 United States Dollar
Dolar Australia 10.014 10.521 Australian Dollar
Dolar Singapura 11.845 11.676 Singapore Dollar
Euro Eropa 16.758 17.038 European Euro
Yen Jepang 103 109 Japanese Yen
Poundsterling Inggris 20.219 19.627 Great Britain Poundsterling
Dolar Hong Kong 2.073 1.971 Hong Kong Dollar
Franc Swiss 17.815 18.299 Swiss Franc
Baht Thailand 470 450 Thailand Baht
Dolar Selandia Baru 9.068 9.766 New Zealand Dollar
Dolar Canada 11.202 11.630 Canadian Dollar
Yuan China 2.205 2.170 China Yuan
Riyal Arab Saudi 4.284 4.106 Riyal Arab Saudi
Kroner Swedia 1.463 1.542 Swedia Kroner
LAMPIRAN – 5/15 – SCHEDULE
582 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 585
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan f. Financial assets and liabilities
f.1. Klasifikasi f.1. Classification
Sesuai PSAK 109 (sebelumnya PSAK 71), In accordance with PSAK 109 (formerly PSAK
terdapat tiga klasifikasi pengukuran aset keuangan: 71), there are three measurement classifications
yaitu biaya perolehan diamortisasi, diukur pada for financial assets: amortized cost, fair value
nilai wajar melalui laba rugi (“FVTPL”), dan diukur through profit or loss (“FVTPL”) and fair value
pada nilai wajar melalui penghasilan komprehensif through other comprehensive income (“FVOCI”).
lain (“FVOCI”).
Aset keuangan diklasifikasikan menjadi kategori Financial assets are classified into these
tersebut di atas berdasarkan model bisnis dimana categories based on the business model within
aset keuangan tersebut dimiliki, dan karakteristik which they are held, and their contractual cash
arus kas kontraktualnya. Model bisnis flow characteristics. The business model reflects
merefleksikan bagaimana kelompok aset how groups of financial assets are managed to
keuangan dikelola untuk mencapai tujuan bisnis achieve a particular business objective.
tertentu.
Aset keuangan hanya dapat dikategorikan sebagai Financial assets can only be categorized at
biaya perolehan diamortisasi jika instrumen dimiliki amortized cost if the instruments are held in order
dalam rangka mendapatkan arus kas kontraktual to collect the contractual cash flows (“hold to
(“hold to collect”), dan dimana arus kas kontraktual collect”), and where those contractual cash flows
tersebut semata dari pembayaran pokok dan are solely payments of principal and interest
bunga (“SPPI”). Pokok merupakan nilai wajar dari (“SPPI”). Principal represents the fair value of the
instrumen pada saat pengakuan awal. Bunga instrument at the time of initial recognition.
dalam hal ini merupakan kompensasi untuk nilai Interest in this context represents compensation
waktu uang dan risiko kredit terkait beserta for the time value of money and associated credit
kompensasi untuk risiko lain dan biaya yang risks together with compensation for other risks
konsisten dengan persyaratan dalam peminjaman and costs consistent with a basic lending
standar dan marjin laba. Kategori aset ini arrangement and a profit margin. This requires
membutuhkan penilaian persyaratan kontraktual an assessment at initial recognition of the
pada saat pengakuan awal untuk menentukan contractual terms to determine whether it
apakah kontrak mengandung persyaratan yang contains a term that could change the timing or
dapat mengubah waktu atau jumlah dari arus kas amount of cash flows in a way that is inconsistent
yang tidak konsisten dengan persyaratan SPPI. with the SPPI criteria.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash flows
memiliki karakteristik SPPI, Bank dan Entitas Anak have SPPI characteristics, the Bank and
mempertimbangkan persyaratan kontraktual atas Subsidiary considers the contractual terms of the
instrumen tersebut. Hal ini termasuk dalam hal instrument. This includes assessing whether the
menilai apakah aset keuangan mengandung financial asset contains a contractual term that
ketentuan kontraktual yang dapat mengubah waktu could change the timing or amount of contractual
atau jumlah arus kas kontraktual sehingga tidak cash flows such that it would not meet this
dapat memenuhi kondisi SPPI. Dalam melakukan condition. In making the assessment, the Bank
penilaian, Bank dan Entitas Anak and Subsidiary considers:
mempertimbangkan:
• Kejadian kontinjensi yang akan mengubah • Contingent events that would change the
jumlah dan waktu arus kas; amount and timing of cash flows;
• Fitur leverage; dan • Leverage features; and
• Persyaratan pelunasan dipercepat atau • Prepayment and extension terms.
perpanjangan fasilitas.
• Ketentuan yang membatasi klaim Bank atas • Terms that limit the Bank cash flows from
arus kas dari aset tertentu (seperti pinjaman specified assets (e.g. non-recourse loans);
non-recourse); dan and
Fitur yang memodifikasi imbalan dari nilai waktu Features that modify consideration of the time
atas uang (seperti penetapan ulang suku bunga value of money (e.g. periodical reset of interest
berkala). rates).
LAMPIRAN – 5/16 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 583
Page 586
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.1. Klasifikasi (lanjutan) f.1. Classification (continued)
Aset dapat dijual dari portofolio hold to collect ketika Assets may be sold out of hold to collect portfolios
terdapat peningkatan risiko kredit. Penghentian where there is an increase in credit risk. Disposals
untuk alasan lain diperbolehkan, namun jumlah for other reasons are permitted, but such sales
penjualan tersebut harus tidak signifikan jumlahnya should be insignificant in value or infrequent in
atau tidak sering. nature.
Aset keuangan berupa instrumen utang dimana Financial asset debt instruments where the
tujuan model bisnis dicapai dengan mendapatkan business model objectives are achieved by
arus kas kontraktual dan menjual aset (“hold to collecting the contractual cash flows and by selling
collect and sell”/”HTCS”) dan memiliki arus kas the assets (“hold to collect and sell”/”HTCS”) and
SPPI, diklasifikasikan sebagai FVOCI, dengan laba that have SPPI cash flows are classified as
rugi yang belum direalisasi ditangguhkan di FVOCI, with unrealized gains or losses deferred in
penghasilan komprehensif lain sampai aset tersebut other comprehensive income until the asset is
dihentikan. derecognized.
Seluruh aset keuangan lainnya akan diklasifikasikan All other financial assets will be classified at
sebagai FVTPL. Aset keuangan dapat ditetapkan FVTPL. Financial assets may be designated at
sebagai FVTPL hanya jika ini dapat mengeliminasi FVTPL only if doing so eliminates or reduces an
atau mengurangi accounting mismatch. accounting mismatch.
Penilaian model bisnis Business model assessment
Model bisnis mengacu pada bagaimana aset Business model refers to how financial assets are
keuangan dikelola bersama untuk menghasilkan managed together to generate cash flows for the
arus kas untuk Bank dan Entitas Anak. Arus kas Bank and Subsidiary. This may be collecting
mungkin dihasilkan dengan menerima arus kas contractual cash flows, selling financial assets or
kontraktual, menjual aset keuangan atau keduanya. both. Business models are determined at a level
Model bisnis ditentukan pada tingkat agregasi di of aggregation where groups of assets are
mana kelompok aset dikelola bersama untuk managed together to achieve a particular objective
mencapai tujuan tertentu dan tidak bergantung pada and do not depend on management's intentions
niat manajemen pada instrumen individual. for individual instruments.
Bank dan Entitas Anak menilai model bisnis pada The Bank and Subsidiary assesses the business
aset keuangan setidaknya pada tingkat lini bisnis model of financial assets at least at business line
atau pada di mana terdapat variasi mandat/tujuan level or where there are varying mandates or
dalam lini bisnis, pada lini bisnis produk atau pada objectives within a business line, at a more
tingkat desk yang lebih granular (misalnya, sub- granular product business line or desk level (i.e.,
portofolio atau sub-lini bisnis). sub-portfolios or sub-business lines).
Penentuan model bisnis dilakukan dengan Business model determinations are made
mempertimbangkan semua bukti relevan yang considering all relevant evidence that is available
tersedia pada tanggal penilaian. Ini termasuk, tetapi at the date of the assessment. This includes, but
tidak terbatas pada: is not limited to:
- bagaimana kinerja bisnis dan aset keuangan - how the performance of the business and the
yang ada di dalam unit bisnis itu dievaluasi dan financial assets held within that business unit
dilaporkan kepada manajemen. Tingkat are evaluated and reported to management.
pemisahan yang diidentifikasi untuk klasifikasi The level of segregation identified for
PSAK 109 harus konsisten dengan PSAK 109 classification should be consistent
bagaimana portofolio aset dipisahkan dan with how asset portfolios are segregated and
dilaporkan kepada manajemen; reported to senior management;
LAMPIRAN – 5/17 – SCHEDULE
584 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 587
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.1. Klasifikasi (lanjutan) f.1. Classification (continued)
Penilaian model bisnis (lanjutan) Business model assessment (continued)
- risiko yang mempengaruhi kinerja unit bisnis - the risks that affect the performance of the
dan aset keuangan yang dimiliki dalam unit business unit and the financial assets held
bisnis itu dan khususnya bagaimana risiko itu within that business unit and in particular the
dikelola; dan way those risks are managed; and
- bagaimana manajer unit bisnis dikompensasi - how managers of the business unit are
(misalnya, apakah kompensasi didasarkan compensated (for example, whether the
pada nilai wajar dari aset yang dikelola atau compensation is based on the fair value of the
pada arus kas kontraktual yang dikumpulkan). assets managed or on the contractual cash
flows collected.
Penentuan model bisnis dilakukan berdasarkan Business model determinations are made on the
skenario yang diperkirakan akan terjadi oleh Bank basis of scenarios that the Bank and Subsidiary
dan Entitas Anak dan tidak dalam kondisi sangat reasonably expects to occur and not under highly
tertekan atau 'kondisi terburuk'. Jika aset dijual stressed or 'worst case' conditions. Where assets
dalam kondisi yang tidak diharapkan oleh are disposed of under conditions that the
Perseroan untuk berlaku ketika aset diakui, Company did not reasonably expect to prevail
klasifikasi aset keuangan yang ada dalam portofolio when the assets were recognized, the
tidak disajikan secara tidak akurat, tetapi kondisi classification of existing financial assets in the
tersebut harus dipertimbangkan untuk aset yang portfolio are not rendered inaccurate but the
diperoleh di masa mendatang. conditions in question should be considered for
any assets acquired going forward.
Pemilihan model operasi dalam PSAK 109 The Targeting Operating Model for PSAK 109 is
dirancang sedemikian rupa sehingga akuntansi designed such that accounting for instruments at
untuk instrumen di FVTPL adalah pilihan yang FVTPL is a conscious choice.
tepat/conscious.
Perubahan pada model bisnis atau pengenalan Changes to business models or the introduction of
model bisnis baru ditentukan melalui proses new business models are determined through the
persetujuan unit bisnis baru. new business unit approval process.
Bank dan Entitas Anak dapat mereklasifikasi The Bank and Subsidiary can reclassified all of its
seluruh aset keuangan yang terpengaruh jika dan financial assets when and only, its business model
hanya jika, model bisnis untuk pengelolaan aset for managing those financial assets changes.
keuangan berubah.
Liabilitas keuangan Financial liabilities
Liabilitas keuangan diklasifikasikan ke dalam Financial liabilities are classified into the following
kategori berikut pada saat pengakuan awal: categories on initial recognition:
i. Liabilitas keuangan yang diukur nilai wajar i. Financial liabilities held at fair value through
melalui laba rugi baik yang dipersyaratkan profit or loss are either mandatorily classified
diukur pada nilai wajar melalui laba rugi atau fair value through profit or loss or irrevocably
ditetapkan pada nilai wajar pada saat designated at fair value through profit or loss
pengakuan awal; dan at initial recognition; and
ii. Liabilitas keuangan yang tidak diukur pada nilai ii. Financial liabilities that are not classified as
wajar melalui laba rugi, akan diklasifikasikan financial liabilities held at fair value through
sebagai liabilitas dengan biaya perolehan profit or loss are classified as financial
diamortisasi. liabilities held at amortized cost.
LAMPIRAN – 5/18 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 585
Page 588
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.2. Pengakuan f.2. Recognition
Bank dan Entitas Anak pada awalnya mengakui The Bank and its Subsidiary initially recognize
transaksi keuangan pada tanggal dimana financial instrument transactions on the date at
Bank/Entitas Anak menjadi suatu pihak dalam which the Bank/Subsidiary become a party to
perjanjian kontraktual instrumen tersebut. Bank the contractual agreement of the instrument.
mengakui pembelian dan penjualan aset The Bank recognized purchases and sales of
keuangan pada tanggal perdagangan sementara financial assets on the trade date while the
Entitas Anak mengakuinya pada tanggal subsidiary recognized it on the settlement date.
penyelesaian.
Pada saat pengakuan awal, aset keuangan atau A financial asset or financial liability is initially
liabilitas keuangan diukur pada nilai wajar measured at fair value plus (for an item not
ditambah (untuk item yang tidak diukur pada nilai subsequently measured at fair value through
wajar melalui laba rugi setelah pengakuan awal) profit or loss) transaction costs that are directly
biaya transaksi yang dapat diatribusikan secara attributable to financial assets acquisition or
langsung atas perolehan aset keuangan atau financial liabilities issuance. The subsequent
penerbitan liabilitas keuangan. Pengukuran aset measurement of financial assets and financial
keuangan dan liabilitas keuangan setelah liabilities depends on their classification.
pengakuan awal tergantung pada klasifikasi aset
keuangan dan liabilitas keuangan tersebut.
Biaya transaksi hanya meliputi biaya-biaya yang Transaction costs include only those costs that
dapat diatribusikan secara langsung untuk are directly attributable to the acquisition of a
perolehan suatu aset keuangan atau penerbitan financial asset or issuance of a financial liability
suatu liabilitas keuangan dan merupakan biaya and are incremental costs that would not have
tambahan yang tidak akan terjadi apabila been incurred if the financial instruments had
instrumen keuangan tersebut tidak diperoleh atau not been acquired or issued.
diterbitkan.
Aset keuangan yang diukur pada nilai wajar Financial assets measured at fair value through
melalui laporan laba rugi pada awalnya dicatat profit or loss are initially recognized at fair value,
sebesar nilai wajar dan biaya transaksinya and transaction costs are expensed in the profit
dibebankan pada laporan laba rugi. Aset or loss. Financial assets measured at fair value
keuangan yang diukur pada nilai wajar melalui through other comprehensive income and
penghasilan komprehensif lain dan aset financial assets measured at fair value through
keuangan yang diukur pada nilai wajar melalui profit or loss are subsequently measured at fair
laporan laba rugi selanjutnya dicatat sebagai nilai value. Financial assets classified as amortized
wajar. Aset keuangan yang diklasifikasikan cost are measured at amortized cost using the
sebagai biaya perolehan diamortisasi dicatat effective interest rate method.
sebesar biaya perolehan diamortisasi dengan
menggunakan metode suku bunga efektif.
Untuk liabilitas keuangan, biaya transaksi For financial liabilities, transaction costs are
dikurangkan dari jumlah utang yang diakui pada deducted from the amount of debt initially
pengakuan awal liabilitas. Biaya transaksi recognized. Such transactions costs are
tersebut diamortisasi selama umur instrumen amortized over the terms of the instruments
berdasarkan metode suku bunga efektif dan based on the effective interest rate method and
dicatat sebagai bagian dari beban bunga. are recorded as part of interest expense.
LAMPIRAN – 5/19 – SCHEDULE
586 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 589
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.3. Penghentian pengakuan f.3. Derecognition
Bank dan Entitas Anak menghentikan pengakuan The Bank and Subsidiary derecognize a
aset keuangan pada saat hak kontraktual atas financial asset when the contractual rights to the
arus kas yang berasal dari aset keuangan cash flows from the asset expire, or when the
tersebut berakhir, atau pada saat Bank dan Bank and Subsidiary transfer the rights to
Entitas Anak mentransfer seluruh hak untuk receive the contractual cash flows on the
menerima arus kas kontraktual dari aset financial asset in a transaction in which
keuangan dalam transaksi dimana Bank dan substantially all the risks and rewards of
Entitas Anak secara substansial telah ownership of the financial asset are transferred.
mentransfer seluruh risiko dan manfaat atas Any interest in transferred financial asset that is
kepemilikan aset keuangan yang ditransfer. created or retained by the Bank and Subsidiary
Setiap hak atau liabilitas atas aset keuangan is recognized as a separate asset or liability.
yang ditransfer yang timbul atau yang masih
dimiliki oleh Bank dan Entitas Anak diakui
sebagai aset atau liabilitas secara terpisah.
Bank dan Entitas Anak menghentikan pengakuan The Bank and Subsidiary derecognize a
liabilitas keuangan pada saat kewajiban yang financial liability when its contractual obligations
ditetapkan dalam kontrak dilepaskan atau are discharged or cancelled or expired.
dibatalkan atau kadaluwarsa.
Bank dan Entitas Anak melakukan transaksi The Bank and Subsidiary enter into transactions
dimana Bank mentransfer aset yang diakui pada whereby they transfer assets recognized on
laporan posisi keuangan konsolidasian, tetapi their consolidated statements of financial
masih memiliki semua risiko dan manfaat atas position, but retain all risks and rewards of the
aset yang ditransfer atau bagian darinya. Jika transferred assets or a portion of them. If all or
seluruh atau secara substansial seluruh risiko substantially all risks and rewards are retained,
dan manfaat masih dimiliki, maka aset yang then the transferred assets are not
ditransfer tidak dihentikan pengakuannya dari derecognized from the consolidated statements
laporan posisi keuangan konsolidasian. of financial position.
Dalam transaksi dimana Bank dan Entitas Anak In transactions in which the Bank and Subsidiary
secara substansial tidak memiliki atau tidak neither retain nor transfer substantially all the
mentransfer seluruh risiko dan manfaat dari risks and rewards of ownership of a financial
kepemilikan aset keuangan, Bank dan Entitas asset, the Bank and Subsidiary derecognize the
Anak menghentikan pengakuan aset tersebut jika asset if they do not retain control over the
Bank dan Entitas Anak tidak lagi memiliki assets. The rights and obligations retained in the
pengendalian atas aset tersebut. Hak dan transfer are recognized separately as assets
kewajiban yang masih dimiliki dalam transfer and liabilities as appropriate. In transfers in
tersebut diakui secara terpisah sebagai aset atau which control over the asset is retained, the
liabilitas. Dalam transfer dimana pengendalian Bank and Subsidiary continue to recognize the
atas aset masih dimiliki, Bank dan Entitas Anak asset to the extent of their continuing
mengakui aset yang ditransfer tersebut sebesar involvement, determined by the extent to which
keterlibatan berkelanjutan, dimana tingkat they are exposed to changes in the value of the
keberlanjutan Bank dan Entitas Anak dalam aset transferred asset.
yang ditransfer adalah sebesar perubahan nilai
aset yang ditransfer.
LAMPIRAN – 5/20 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 587
Page 590
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.4. Saling hapus f.4. Offsetting
Aset dan liabilitas keuangan dapat saling hapus Financial assets and liabilities are set off and the
dan nilai netonya disajikan dalam laporan posisi net amount is presented in the consolidated
keuangan konsolidasian jika, dan hanya jika, statements of financial position when, and only
Bank dan Entitas Anak memiliki hak yang when, the Bank and Subsidiary have a legal
berkekuatan hukum untuk melakukan saling right to set off the amounts and intend either to
hapus atas jumlah yang telah diakui tersebut dan settle on a net basis or realize the asset and
berniat untuk menyelesaikan secara neto atau settle the liability simultaneously. The legally
untuk merealisasikan aset dan menyelesaikan enforceable right must not be contingent on
liabilitasnya secara simultan. Hak yang future events and must be enforceable in the
berkekuatan hukum bukan bersifat kontinjen normal course of business and in the event of
untuk suatu peristiwa dimasa depan dan harus default, insolvency or Bankruptcy of the Bank or
dapat dipaksakan secara hukum baik dalam the counterparty.
situasi bisnis yang normal, atau dalam peristiwa
gagal bayar, atau peristiwa kepailitan atau
kebangkrutan, dari Bank atau pihak lawan.
Pendapatan dan beban disajikan dalam jumlah Income and expense are presented on a net
neto hanya jika diperkenankan oleh standar basis only when permitted by accounting
akuntansi. standards.
Jumlah yang tidak di saling hapus dalam laporan Amounts not offset in the statement of
posisi keuangan konsolidasian adalah consolidated financial position are related to:
sehubungan dengan:
i. Jumlah yang dapat di saling hapus dari i. The counterparties’ offsetting
transaksi pihak lawan dengan Bank exposures with the Bank where the right
dimana hak saling hapus hanya to set-off is only enforceable in the event
berkekuatan hukum pada peristiwa gagal of default, insolvency or Bankruptcy of
bayar, atau peristiwa kepailitan atau the counterparties; and
kebangkrutan dari pihak lawan; dan
ii. Kas dan surat berharga yang diterima ii. Cash and securities that are received
dari atau dijaminkan oleh pihak lawan. from or pledged with counterparties.
f.5. Pengukuran biaya perolehan diamortisasi f.5. Amortized cost measurement
Biaya perolehan diamortisasi dari aset keuangan The amortized cost of a financial asset or
atau liabilitas keuangan adalah jumlah aset atau financial liability is the amount at which the
liabilitas keuangan yang diukur pada saat financial asset or liability is measured at initial
pengakuan awal dikurangi pembayaran pokok, recognition, minus principal repayments, plus or
ditambah atau dikurangi dengan amortisasi minus the cumulative amortization using the
kumulatif dengan menggunakan metode suku effective interest method of any difference
bunga efektif yang dihitung dari selisih antara nilai between the initial amount recognized and the
awal dan nilai jatuh temponya, dan dikurangi maturity amount, minus allowance for expected
cadangan kerugian kredit ekspektasian. credit losses.
LAMPIRAN – 5/21 – SCHEDULE
588 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 591
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.6. Pengukuran nilai wajar f.6. Fair value measurement
Entitas mengukur nilai wajar suatu aset atau An entity shall measure the fair value of an
liabilitas menggunakan asumsi yang akan asset or a liability using the assumptions that
digunakan pelaku pasar ketika menentukan market participants would use when pricing the
harga aset atau liabilitas tersebut, dengan asset or liability, assuming that market
asumsi bahwa pelaku pasar bertindak dalam participants act in their economic best interest.
kepentingan ekonomik terbaiknya.
Jika pasar untuk suatu instrumen keuangan tidak If a market for a financial instrument is not
aktif, Bank dan Entitas Anak menentukan nilai active, the Bank and Subsidiary establish fair
wajar dengan menggunakan teknik penilaian. value using a valuation technique. Valuation
Teknik penilaian mencakup penggunaan techniques include using recent arm’s length
transaksi pasar terkini yang dilakukan secara transactions between knowledgeable, willing
wajar oleh pihak-pihak yang memahami, parties and if available, reference to the current
berkeinginan, dan jika tersedia, referensi atas fair value of other instruments that are
nilai wajar terkini dari instrumen lain yang secara substantially the same, discounted cash flows
substansial sama, penggunaan analisa arus kas analysis, and option pricing models. The
yang didiskonto, dan penggunaan model chosen valuation technique makes maximum
penetapan harga opsi (option pricing model). use of market inputs, relies as little as possible
Teknik penilaian yang dipilih memaksimalkan on estimates specific to the Bank and
penggunaan input pasar, dan meminimalkan Subsidiary, incorporates all factors that market
penggunaan estimasi yang bersifat spesifik dari participants would consider in setting a price,
Bank dan Entitas Anak, memasukkan semua and is consistent with accepted economic
faktor yang akan dipertimbangkan oleh para methodologies for pricing financial instruments.
pelaku pasar dalam menetapkan suatu harga
dan konsisten dengan metodologi ekonomi yang
diterima dalam penetapan harga instrumen
keuangan.
Input yang digunakan dalam teknik penilaian Inputs to valuation techniques reasonably
secara memadai mencerminkan ekspektasi represent market expectations and measures of
pasar dan ukuran atas faktor risiko dan the risk-return factors inherent in the financial
pengembalian (risk-return) yang melekat pada instrument. The Bank and Subsidiary calibrate
instrumen keuangan. Bank dan Entitas Anak valuation techniques and test them for validity
mengkalibrasi teknik penilaian dan menguji using prices from observable current market
validitasnya dengan menggunakan harga-harga transactions in the same instrument or based on
dari transaksi pasar terkini yang dapat other available observable market data.
diobservasi untuk instrumen yang sama atau
atas dasar data pasar lainnya yang tersedia yang
dapat diobservasi.
LAMPIRAN – 5/22 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 589
Page 592
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.6. Pengukuran nilai wajar (lanjutan) f.6. Fair value measurement (continued)
Bukti terbaik atas nilai wajar instrumen The best evidence of the fair value of a
keuangan pada saat pengakuan awal adalah financial instrument at initial recognition is the
harga transaksi, yaitu nilai wajar dari transaction price, i.e., the fair value of the
pembayaran yang diberikan atau diterima, consideration given or received, unless the
kecuali jika nilai wajar dari instrumen keuangan fair value of that instrument is evidenced by
tersebut ditentukan dengan perbandingan comparison with other observable current
terhadap transaksi pasar terkini yang dapat market transactions in the same instrument
diobservasi dari suatu instrumen yang sama (i.e., without modification or repackaging) or
(yaitu tanpa modifikasi atau pengemasan based on a valuation technique whose
ulang) atau berdasarkan suatu teknik penilaian variables include only data from observable
yang variabelnya hanya menggunakan data markets.
dari pasar yang dapat diobservasi.
Jika harga transaksi memberikan bukti terbaik When transaction price provides the best
atas nilai wajar pada saat pengakuan awal, evidence of fair value at initial recognition, the
maka instrumen keuangan pada awalnya financial instrument is initially measured at
diukur pada harga transaksi dan selisih antara the transaction price and any difference
harga transaksi dan nilai yang sebelumnya between this price and the value initially
diperoleh dari model penilaian diakui dalam obtained from a valuation model is
laba rugi setelah pengakuan awal tergantung subsequently recognized profit or loss
pada masing-masing fakta dan keadaan dari depending on the individual facts and
transaksi tersebut namun tidak lebih lambat circumstances of the transaction but not later
dari saat penilaian tersebut didukung than when the valuation is supported wholly
sepenuhnya oleh data dari pasar yang dapat by observable market data or the transaction
diobservasi atau saat transaksi ditutup. is closed out.
Nilai wajar mencerminkan risiko kredit atas Fair values reflect the credit risk of the
instrumen keuangan dan termasuk instrument and include adjustments to take
penyesuaian yang dilakukan untuk into account the credit risk of the
memasukkan risiko kredit Bank/Entitas Anak Bank/Subsidiary and counterparty where
dan pihak lawan, mana yang lebih sesuai. appropriate. Estimated fair values obtained
Estimasi nilai wajar yang diperoleh dari model from models are adjusted for any other
penilaian akan disesuaikan untuk factors, such as liquidity risk or model
mempertimbangkan faktor-faktor lainnya, uncertainties, to the extent that the Bank and
seperti risiko likuiditas atau ketidakpastian Subsidiary believe a third-party market
model penilaian, sepanjang Bank dan Entitas participation would take them into account in
Anak yakin bahwa pelaku pasar pihak ketiga pricing a transaction.
akan mempertimbangkan faktor-faktor tersebut
dalam penetapan harga suatu transaksi.
LAMPIRAN – 5/23 – SCHEDULE
590 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 593
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
f. Aset dan liabilitas keuangan (lanjutan) f. Financial assets and liabilities (continued)
f.6. Pengukuran nilai wajar (lanjutan) f.6. Fair value measurement (continued)
Aset keuangan dan posisi long diukur Financial assets and long positions are
menggunakan harga penawaran, liabilitas measured at a bid price, financial liabilities
keuangan dan posisi short diukur and short positions are measured at an ask
menggunakan harga permintaan. Jika Bank price. Where the Bank and Subsidiary have
dan Entitas Anak memiliki posisi aset dan positions with offsetting risk, mid-market
liabilitas dimana risiko pasarnya saling hapus, prices are used to measure the offsetting risk
maka Bank dan Entitas Anak dapat positions and a bid or ask price adjustment is
menggunakan nilai tengah dari harga pasar applied only to the net open position as
sebagai dasar untuk menentukan nilai wajar appropriate.
posisi risiko yang saling hapus tersebut dan
menerapkan penyesuaian terhadap harga
penawaran atau harga permintaan terhadap
posisi terbuka neto (net open position), mana
yang lebih sesuai.
• Bank dan Entitas Anak mengklasifikasikan • The Bank and Subsidiary classify fair value
pengukuran nilai wajar dengan measurements using a fair value hierarchy
menggunakan hirarki nilai wajar yang that reflects the significance of the inputs
mencerminkan signifikansi input yang used in making the measurements. The fair
digunakan dalam melakukan pengukuran. value hierarchy shall have the followings
Hirarki nilai wajar memiliki tingkat sebagai levels:
berikut:
i. Harga kuotasian (tidak disesuaikan) i. Quoted prices (unadjusted) in active
dalam pasar aktif untuk aset dan liabilitas markets for identical assets or liabilities
yang identik (Tingkat 1); (Level 1);
ii. Input selain harga kuotasian yang ii. Inputs other than quoted prices included
termasuk dalam Tingkat 1 yang dapat within Level 1 that are observable for the
diobservasi untuk aset dan liabilitas baik asset or liability either directly (example,
secara langsung (misalnya harga) atau price) or indirectly (example, derived
secara tidak langsung (misalnya derivasi from prices) (Level 2); and
dari harga) (Tingkat 2); dan
iii. Input untuk aset dan liabilitas yang bukan iii. Inputs for the asset and liability that are
berdasarkan data pasar yang dapat not based on observable market data
diobservasi (input yang tidak dapat (unobservable inputs) (Level 3).
diobservasi) (Tingkat 3).
LAMPIRAN – 5/24 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 591
Page 594
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
instruments
Klasifikasi aset dan liabilitas keuangan Classification of financial assets and liabilities
Bank dan Entitas Anak mengklasifikasikan The Bank and Subsidiary classify the financial
instrumen keuangan ke dalam klasifikasi tertentu instruments into classes that reflect the nature of
yang mencerminkan sifat dari informasi dan information and take into account the
mempertimbangkan karakteristik dari instrumen characteristics of those financial instruments. The
keuangan tersebut. Klasifikasi ini dapat dilihat pada classification can be seen in the table below:
tabel berikut:
Golongan (ditentukan oleh Bank
dan Entitas Anak)/Class
Kategori instrumen keuangan/ (as determined by the Bank and
Category of financial instrument Subsidiary) Sub-golongan/Sub-classes
Aset keuangan yang diukur Efek-efek/Marketable securities
pada nilai wajar melalui laba Obligasi Pemerintah/Government Bonds
rugi/Financial assets at fair
Tagihan derivatif - Tidak terkait lindung nilai/Derivative receivables - Non hedging
value through profit or loss
related
Kas/Cash
Giro pada Bank Indonesia/Current accounts with Bank Indonesia
Giro pada bank lain/Current accounts with other banks
Penempatan pada bank lain dan Bank Indonesia/Placements with other banks and
Bank Indonesia
Aset keuangan diukur pada Pinjaman yang diberikan/Loans
biaya perolehan
Efek-efek/Marketable securities
diamortisasi/Financial assets
Aset Efek-efek yang dibeli dengan janji dijual kembali/Securities purchased under resale
at amortized cost
keuangan/ agreements
Financial Piutang pembiayaan konsumen/Consumer financing receivables
assets Piutang sewa pembiayaan/Finance lease receivables
Tagihan akseptasi/Acceptance receivables
Beban dibayar dimuka dan aset lain-lain/Prepayments and other assets
Aset keuangan yang diukur
pada nilai wajar melalui Efek-efek/Marketable securities
penghasilan komprehensif
lain/Financial assets at fair Obligasi Pemerintah/Government Bonds
value through other
comprehensive income Investasi dalam saham/Investments in shares
Tagihan derivatif - Terkait lindung nilai atas
Derivatif lindung nilai/Hedging Lindung nilai atas arus kas/Hedging arus kas/Derivative receivables -
derivatives instruments in cash flow hedges Hedging instruments in cash flow hedges
related
Liabilitas keuangan yang Liabilitas derivatif - Bukan lindung
Liabilitas keuangan dalam
diukur pada nilai wajar nilai/Derivatives liabilities - Non hedging
kelompok
melalui laba rugi/Financial Liabilitas derivatif - terkait lindung nilai atas
diperdagangkan/Financial liabilities
liabilities at fair value through arus kas/Derivative liabilities - Hedging
held for trading
profit or loss instruments in cash flow hedges related
Simpanan nasabah/Deposits from customers
Liabilitas Simpanan dari bank lain/Deposits from other banks
keuangan/ Utang akseptasi/Acceptance payables
Financial Liabilitas keuangan yang Efek yang dijual dengan janji dibeli kembali/ Securities sold under repurchase
liabilities diukur dengan biaya agreements
perolehan Utang obligasi/Bonds payable
diamortisasi/Financial Sukuk mudharabah/Mudharabah bonds
liabilities at amortized cost Pinjaman yang diterima/Borrowings
Pinjaman subordinasi/Subordinated loan
Beban yang masih harus dibayar dan liabilitas lain-lain/Accrued expenses and
other liabilities
LAMPIRAN – 5/25 – SCHEDULE
592 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 595
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
g. Klasifikasi dan reklasifikasi instrumen keuangan g. Classification and reclassification of financial
(lanjutan) instruments (continued)
Reklasifikasi aset keuangan Reclassification of financial assets
Bank dan Entitas Anak diperkenankan untuk The Bank and Subsidiary shall reclassify financial
mereklasifikasi atas aset keuangan jika dan hanya assets when and only when its business model for
jika terdapat perubahan model bisnis dalam managing those assets changes. The
mengelola aset keuangan tersebut. Reklasifikasi reclassification takes place from the start of the first
dilakukan pada awal tahun pelaporan setelah reporting year following the change. Such changes
terjadinya perubahan. Perubahan tersebut are expected to be very infrequent and none
diharapkan frekuensinya sangat rendah dan tidak occurred during this year.
ada yang terjadi pada tahun ini.
h. Giro pada Bank Indonesia dan bank lain h. Current accounts with Bank Indonesia and
other banks
Giro pada Bank Indonesia dan giro pada bank lain Subsequent to initial recognition, current accounts
setelah pengakuan awal dicatat pada biaya with Bank Indonesia and other banks were carried
perolehan diamortisasi dengan menggunakan at amortized cost using effective interest rate
metode suku bunga efektif pada laporan posisi method in the consolidated statements of financial
keuangan konsolidasian. position.
Giro Wajib Minimum Statutory Reserves Requirement
Sesuai dengan Peraturan BI mengenai Giro Wajib In accordance with prevailing BI Regulation
Minimum Bank Umum dalam Rupiah dan Mata Uang concerning Commercial Banks’ Statutory
Asing, Bank diwajibkan untuk menempatkan Reserves Requirement in Rupiah and Foreign
sejumlah persentase tertentu atas simpanan Currency, the Bank is required to place certain
nasabah pada BI. percentage of deposits from customers with BI.
i. Penempatan pada bank lain dan Bank Indonesia i. Placements with other banks and Bank
Indonesia
Penempatan pada bank lain dan Bank Indonesia Placements with other banks and Bank Indonesia
pada awalnya diukur pada nilai wajar ditambah biaya are initially measured at fair value plus incremental
transaksi yang dapat diatribusikan secara langsung, directly attributable transaction costs, and
dan setelah pengakuan awal diukur pada biaya subsequently measured at their amortized cost
perolehan diamortisasi dengan menggunakan using the effective interest rate method.
metode suku bunga efektif.
j. Efek-efek dan Obligasi Pemerintah j. Marketable securities and Government Bonds
Efek-efek terdiri dari Sertifikat BI (“SBI”), Sekuritas Marketable securities consist of BI Certificates
Rupiah Bank Indonesia (“SRBI”), wesel ekspor, (“SBI”), Bank Indonesia Rupiah Securities
obligasi (termasuk obligasi korporasi yang (“SRBI”), export bills, bonds (including corporate
diperdagangkan di bursa efek, obligasi syariah bonds traded on the stock exchange, ijarah sharia
ijarah, dan obligasi syariah mudharabah), fixed rate bonds, and mudharabah sharia bonds), fixed rate
notes, promissory notes, dan efek utang lainnya. notes, promissory notes, and other debt securities.
Diukur pada biaya perolehan amortisasi Measured at amortized cost
Efek-efek yang diukur pada biaya perolehan After initial recognition, securities held at amortized
diamortisasi, setelah pengakuan awal, diamortisasi cost is amortized using the effective interest rate.
dengan menggunakan suku bunga efektif.
LAMPIRAN – 5/26 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 593
Page 596
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
j. Efek-efek dan Obligasi Pemerintah (lanjutan) j. Marketable securities and Government Bonds
(continued)
Diukur pada FVOCI Measured at FVOCI
Efek-efek yang diukur pada FVOCI, setelah Securities held at FVOCI are subsequently carried
pengakuan awal akan diukur pada nilai wajar at fair value with all unrealized gains and losses
dimana keuntungan dan kerugian yang belum arising from changes in fair value recognized in
direalisasi atas perubahan nilai wajar akan diakui other comprehensive income and accumulated in
sebagai penghasilan komprehensif lain dan separate component in other equity component.
diakumulasikan pada komponen terpisah pada On derecognition, the cumulative fair value gains
komponen ekuitas lainnya. Pada saat penghentian or losses, net of the cumulative expected credit
pengakuan, akumulasi keuntungan atau kerugian loss reserve, are transferred to the profit or loss.
nilai wajar, bersih setelah akumulasi cadangan
kerugian kredit ekspektasian, ditransfer ke laba rugi.
Diukur pada FVTPL Measured at FVTPL
Efek-efek yang dipersyaratkan diukur atas nilai For securities mandatorily held at fair value through
wajar melalui laba rugi, setelah pengakuan awal profit or loss are subsequently carried at fair value
akan diukur pada nilai wajar dimana keuntungan with gains or losses arising from the changes in fair
dan kerugian yang timbul akibat perubahan nilai value recorded in other operating income.
wajar dicatat dalam pendapatan operasional
lainnya.
Bank menerapkan persyaratan penurunan nilai The Bank apply the impairment requirements for
untuk pengakuan dan pengukuran penyisihan the recognition and measurement of a loss
kerugian untuk aset keuangan yang diukur pada allowance for financial assets that are measured at
nilai wajar melalui penghasilan komprehensif lain, fair value through other comprehensive income,
namun penyisihan kerugian diakui dalam however, the loss allowance shall be recognized in
penghasilan komprehensif lainnya dan tidak other comprehensive income and shall not reduce
mengurangi jumlah tercatat aset keuangan dalam the carrying amount of the financial asset in the
laporan posisi keuangan. statement of financial position.
Bank dan Entitas Anak menentukan klasifikasi The Bank and Subsidiary determine the
investasi pada sukuk berdasarkan model usaha classification of their investment in sukuk based on
dengan mengacu pada PSAK 410 (sebelumnya business model in accordance with PSAK 410
PSAK 110), “Akuntansi Sukuk” sebagai berikut: (formerly PSAK 110), “Accounting for Sukuk” as
follows:
• Diukur pada biaya perolehan • Acquisition cost
Apabila investasi tersebut dimiliki dalam suatu If the investment is held within a business
model usaha yang bertujuan utama untuk model that aims to acquire assets in order to
memperoleh arus kas kontraktual dan terdapat collect contractual cash flows and there is a
persyaratan kontraktual dalam menentukan contractual requirement to determine the
tanggal tertentu pembayaran pokok dan/atau specific date of principal payments and/or the
hasilnya. result.
Pada saat pengukuran awal, investasi dicatat At the initial measurement, the investment is
sebesar biaya perolehan dan biaya perolehan ini recorded at acquisition cost which includes the
termasuk biaya transaksi. Setelah pengakuan transaction cost. After the initial recognition, the
awal, investasi pada sukuk ini diukur pada nilai investment in sukuk is measured at amortized
perolehan yang diamortisasi. Selisih antara cost. The difference between acquisition cost
biaya perolehan dan nilai nominal diamortisasi and nominal value is amortized using straight-
secara garis lurus selama jangka waktu line method during the period of the sukuk
instrumen sukuk. instrument.
LAMPIRAN – 5/27 – SCHEDULE
594 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 597
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
j. Efek-efek dan Obligasi Pemerintah (lanjutan) j. Marketable securities and Government Bonds
(continued)
• Nilai wajar melalui laba rugi • Fair value through profit or loss
Pada saat pengakuan awal, investasi pada At the initial recognition, the investment in
sukuk dalam klasifikasi ini dicatat sebesar harga sukuk is presented at acquisition cost which
perolehan, namun harga perolehan tersebut does not include transaction cost.
tidak termasuk biaya transaksi.
Setelah pengakuan awal, investasi pada sukuk After initial recognition, the investment in sukuk
diakui pada nilai wajar. Selisih antara nilai wajar is recognized at-fair-value. The difference
dan jumlah tercatat diakui dalam laba rugi. between fair value and recorded amount is
recognized in profit or loss.
• Nilai wajar melalui penghasilan komprehensif • Fair value through other comprehensive
lain income
Pada saat pengakuan awal, investasi pada At the initial recognition, the investment in
sukuk dalam klasifikasi ini dicatat sebesar harga sukuk is presented at acquisition cost which
perolehan dan biaya perolehan ini termasuk includes transaction cost.
biaya transaksi.
Setelah pengakuan awal, investasi pada sukuk After initial recognition, the investment in sukuk
diakui pada nilai wajar. Selisih antara nilai wajar is recognized at-fair-value. The difference
dan jumlah tercatat diakui dalam penghasilan between fair value and recorded amount is
komprehensif lain. Selisih antara biaya recognized in other comprehensive income.
perolehan dan nilai nominal diamortisasi secara The difference between acquisition cost and
garis lurus selama jangka waktu instrumen nominal value is amortized using straight-line
sukuk dan diakui dalam laba rugi. method during the period of the sukuk
instrument and recognized in profit or loss.
k. Efek-efek yang dijual dengan janji dibeli kembali k. Securities sold under repurchase agreements
dan efek-efek yang dibeli dengan janji dijual and securities purchased under resale
kembali agreements
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under repurchase agreements are
merupakan transaksi dimana Bank menjual aset transactions in which the Company sold a financial
keuangan dan secara simultan masuk ke dalam asset and simultaneously enters into an agreement
perjanjian untuk membeli kembali aset (atau aset to repurchase the asset (or substantially similar
yang serupa secara substansial) dengan harga tetap asset) at a fixed price on a future date.
di masa depan.
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under repurchase agreements
(repo) disajikan sebagai liabilitas sebesar harga (repo) are presented as liabilities and stated at the
pembelian kembali yang disepakati dikurangi selisih agreed repurchase price less the difference
antara harga jual dan harga pembelian kembali yang between the selling price and agreed repurchase
disepakati. Selisih antara harga jual dan harga price. The difference between the selling price and
pembelian kembali yang disepakati tersebut agreed repurchase price is amortized using
diamortisasi dengan menggunakan metode suku effective interest rate method as interest expense
bunga efektif sebagai beban bunga selama jangka over the period commencing from the selling date
waktu sejak efek-efek tersebut dijual hingga saat to the repurchase date.
dibeli kembali.
LAMPIRAN – 5/28 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 595
Page 598
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
k. Efek-efek yang dijual dengan janji dibeli kembali k. Securities sold under repurchase agreements
dan efek-efek yang dibeli dengan janji dijual and securities purchased under resale
kembali (lanjutan) agreements (continued)
Efek-efek yang dibeli dengan janji dijual kembali Securities purchased under resale agreements
(reverse repo) disajikan sebagai tagihan sebesar (reverse repo) are presented as receivables and
harga jual kembali efek-efek yang disepakati stated at the agreed resale price less the difference
dikurangi selisih antara harga beli dan harga jual between the purchase price and the agreed resale
kembali yang disepakati. Selisih antara harga beli price. The difference between the purchase price
dan harga jual kembali yang disepakati tersebut and the agreed resale price is amortized using the
diamortisasi dengan metode suku bunga efektif effective interest method as interest income over the
sebagai pendapatan bunga selama jangka waktu period commencing from the acquisition date to the
sejak efek-efek tersebut dibeli hingga dijual kembali. resale date.
l. Instrumen keuangan derivatif l. Derivative financial instruments
Bank dan Entitas Anak melakukan berbagai The Bank and Subsidiary enter into a variety of
transaksi instrumen keuangan derivatif untuk derivative financial instruments to manage its
mengelola eksposur atas risiko suku bunga dan exposure to interest rate and foreign exchange rate
risiko perubahan nilai tukar mata uang asing risks, using foreign exchange forward contracts and
menggunakan kontrak valuta berjangka dan swap interest rate swaps.
suku bunga.
Derivatif awalnya diakui pada nilai wajar pada Derivatives are initially recognized at fair value at
tanggal kontrak dilakukan dan selanjutnya diukur the date the derivative contracts are entered into
kembali pada nilai wajarnya pada setiap akhir and are subsequently remeasured to their fair
periode pelaporan. Dampak keuntungan atau values at the end of each reporting period. The
kerugian diakui segera di laba rugi kecuali jika resulting gain or loss is recognized in profit or loss
derivatif ditetapkan dan efektif sebagai instrumen immediately unless the derivative is designated and
lindung nilai di mana saat pengakuan di laba rugi effective as hedging instrument in which event the
bergantung pada sifat dari hubungan lindung nilai. timing of the recognition in profit or loss depends on
the nature of the hedge relationship.
Derivatif dengan nilai wajar positif diakui sebagai A derivative with a positive fair value is recognized
aset keuangan sedangkan derivatif dengan nilai as a financial asset whereas a derivative with a
wajar negatif diakui sebagai liabilitas keuangan. negative fair value is recognized as a financial
Derivatif tidak saling hapus dalam laporan keuangan liability. Derivatives are not offset in the financial
kecuali Bank dan Entitas Anak memiliki hak yang statements unless the Bank and Subsidiary have
memiliki kekuatan hukum dan intensi untuk saling both a legally enforceable right and intention to
hapus. offset.
Derivatif melekat Embedded derivatives
Derivatif melekat merupakan komponen dari kontrak An embedded derivative is a component of a hybrid
hibrida yang juga termasuk kontrak non-derivatif contract that also includes a non-derivative host –
induk dengan dampak arus kas dari instrumen with the effect that some of the cash flows of the
gabungan bervariasi dengan cara yang mirip dengan combined instrument vary in a way similar to a
derivatif yang berdiri sendiri. stand-alone derivative.
Derivatif yang melekat pada kontrak hibrida dengan Derivatives embedded in hybrid contracts with a
aset keuangan utama dalam ruang lingkup PSAK financial asset host within the scope of PSAK 109
109 tidak dipisahkan. Seluruh kontrak hibrida are not separated. The entire hybrid contract is
diklasifikasikan dan selanjutnya diukur sebagai biaya classified and subsequently measured as either
perolehan diamortisasi atau nilai wajar yang sesuai. amortized cost or fair value as appropriate.
Derivatif yang melekat pada kontrak hibrida dengan Derivatives embedded in hybrid contracts with hosts
kontrak utama yang bukan merupakan aset that are not financial assets within the scope of
keuangan dalam ruang lingkup PSAK 109 (misalnya, PSAK 109 (e.g., financial liabilities) are treated as
liabilitas keuangan) diperlakukan sebagai derivative separate derivatives when they meet the definition
terpisah jika definisi derivatif tersebut terpenuhi, of a derivative, their risks and characteristics are not
risiko dan karakteristiknya tidak terkait erat dengan closely related to those of the host contracts and the
kontrak utama dan kontrak utama tidak diukur host contracts are not measured at FVTPL.
dengan FVTPL.
LAMPIRAN – 5/29 – SCHEDULE
596 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 599
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
l. Instrumen keuangan derivatif (lanjutan) l. Derivative financial instruments (continued)
Derivatif melekat (lanjutan) Embedded derivatives (continued)
Jika kontrak hibrida tersebut merupakan liabilitas If the hybrid contract is a quoted financial liability,
keuangan yang memiliki kuotasi harga, Bank tidak instead of separating the embedded derivative, the
memisahkan derivatif yang melekat, tapi secara Bank generally designates the whole hybrid
umum menetapkan seluruh kontrak hibrida sebagai contract at FVTPL.
FVTPL.
Akuntansi lindung nilai Hedge accounting
Entitas Anak menerapkan akuntansi lindung nilai Subsidiary applied cash flow hedge accounting. On
arus kas. Pada penetapan awal lindung nilai, Bank initial designation of the hedge, the Bank and
dan Entitas Anak secara formal Subsidiary formally document the relationship
mendokumentasikan hubungan antara instrumen between the hedging instruments and hedged
lindung nilai dengan item yang dilindung nilai, items, including the risk management objective and
termasuk tujuan manajemen risiko dan strategi strategy in undertaking the hedge transaction,
dalam melakukan transaksi lindung nilai, together with the method that will be used to assess
bersamaan dengan metode yang akan digunakan the effectiveness of the hedging relationship.
untuk menilai efektivitas dari hubungan lindung nilai Subsidiary make an assessment, both at the
tersebut. Entitas Anak melakukan penilaian, baik inception of the hedge relationship as well as on an
pada awal hubungan lindung nilai maupun secara ongoing basis, whether the hedging instruments are
berkelanjutan, untuk menentukan apakah instrumen expected to be “highly effective” in offsetting the
lindung nilai tersebut dapat secara “sangat efektif” changes in the cash flows of the respective hedged
menutupi perubahan arus kas dari item yang items.
dilindung nilai.
Perubahan nilai wajar instrumen derivatif yang tidak Changes in fair value of derivative instruments that
memenuhi kriteria lindung nilai dicatat dalam laba do not qualify for hedge accounting are recognized
rugi tahun berjalan. Jika instrumen derivatif to the current year profit or loss. If derivative
dirancang dan memenuhi syarat akuntansi lindung instruments are designated and qualify for hedge
nilai, perubahan nilai wajar yang berkaitan dengan accounting, changes in fair value of derivative
lindung nilai diakui sebagai penyesuaian terhadap instruments are recorded as adjustments to the
item yang dilindungi nilainya dalam penghasilan hedged items in the current year other
komprehensif lain tahun berjalan atau disajikan comprehensive income or in the equity, depending
dalam ekuitas, tergantung pada jenis transaksi dan on the type of hedge transaction represented and
efektifitas dari lindung nilai tersebut. the effectiveness of the hedge.
Pada saat derivatif dirancang sebagai instrumen When a derivative is designated as the hedging
lindung nilai untuk melindungi perubahan arus kas instrument to hedge the variability in cash flows
yang dapat diatribusikan pada risiko tertentu dari attributable to a particular risk associated with a
aset atau liabilitas yang diakui atau suatu prakiraan recognized asset or liability or a highly probable
transaksi yang dapat mempengaruhi laba rugi, forecast transaction that could affect profit or loss,
maka bagian efektif dari perubahan nilai wajar dari the effective portion of changes in the fair value of
derivatif diakui sebagai penghasilan komprehensif the derivative is recognized in other comprehensive
lainnya. Jumlah yang diakui dalam penghasilan income. The amount recognized in other
komprehensif lainnya direklasifikasi ke laporan laba comprehensive income is reclassified to the profit or
rugi sebagai penyesuaian reklasifikasi pada tahun loss as a reclassification adjustment in the same
yang sama dimana arus kas yang dilindung nilai year as the hedged cash flows affect profit or loss,
tersebut mempengaruhi laba rugi, dan pada baris and in the same line item in the consolidated
item yang sama pada laporan laba rugi statement of profit or loss. Any ineffective portion of
konsolidasian. Setiap bagian yang tidak efektif changes in the fair value of the derivative is
dalam perubahan nilai wajar derivatif diakui recognized immediately in the consolidated
langsung pada laporan laba rugi konsolidasian. statement of profit or loss.
LAMPIRAN – 5/30 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 597
Page 600
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
l. Instrumen keuangan derivatif (lanjutan) l. Derivative financial instruments (continued)
Akuntansi lindung nilai (lanjutan) Hedge accounting (continued)
Jika derivatif lindung nilai kadaluwarsa atau dijual, If the hedging derivative expires or is sold,
dihentikan atau dilaksanakan, atau pada saat terminated, or exercised, or when the hedge no
lindung nilai tidak lagi memenuhi kriteria akuntansi longer meets the criteria for cash flow hedge
lindung nilai arus kas atau pada saat transaksi accounting, or when the hedge designation is
lindung nilai dibatalkan maka secara prospektif cancelled, then hedge accounting is discontinued
akuntansi lindung nilai dihentikan. Pada saat prospectively. When the hedge of a forecast
lindung nilai atas suatu prakiraan transaksi transaction is discounted, the cumulative amount
dihentikan, maka jumlah kumulatif yang diakui pada recognized in other comprehensive income from
penghasilan komprehensif lainnya sejak tahun the year when the hedge was effective, is
dimana lindung nilai tersebut efektif, direklasifikasi reclassified from other comprehensive income to
dari penghasilan komprehensif lainnya ke laba rugi profit or loss as a reclassification adjustment when
sebagai penyesuaian reklasifikasi pada saat the forecast transaction occurs and affects profit or
prakiraan transaksi tersebut terjadi dan loss. If the forecast transaction is no longer
mempengaruhi laba rugi. Jika prakiraan transaksi expected to occur, then the balance in other
tidak lagi diharapkan akan terjadi, maka saldo di comprehensive income is reclassified immediately
penghasilan komprehensif lainnya langsung to profit or loss as a reclassification adjustment.
direklasifikasi ke laba rugi sebagai penyesuaian
reklasifikasi.
m. Pinjaman yang diberikan m. Loans
Pinjaman yang diberikan pada awalnya diukur pada Loans are initially measured at fair value plus
nilai wajar ditambah biaya transaksi yang dapat directly attributable and incremental transaction
diatribusikan secara langsung dan merupakan cost to acquire the financial assets, and after initial
biaya tambahan untuk memperoleh aset keuangan recognition measured at their amortized cost using
tersebut, dan setelah pengakuan awal diukur pada the effective interest rate method.
biaya perolehan diamortisasi dengan menggunakan
metode suku bunga efektif.
Kredit dalam rangka pembiayaan bersama (kredit Syndicated loans are subsequently measured at
sindikasi) setelah pengakuan awal diukur pada amortized cost in accordance with the risk portion
biaya perolehan diamortisasi sesuai dengan porsi borne by the Bank.
risiko yang ditanggung oleh Bank.
Termasuk dalam pinjaman yang diberikan adalah Included in the loans is Sharia financing which
pembiayaan Syariah yang terdiri dari piutang consists of murabahah receivables, Ijarah
murabahah, piutang Ijarah, pembiayaan receivables, musyarakah financing, and
musyarakah, dan pembiayaan mudharabah. mudharabah financing. Murabahah is an
Murabahah adalah akad jual beli barang dengan agreement for the sale and purchase of goods
menyatakan harga perolehan dan keuntungan between the buyer and the seller at the agreed cost
(marjin) yang disepakati oleh penjual dan pembeli, and margin, and only can be done based on agreed
dan hanya dapat dilakukan berdasarkan pesanan order. Musyarakah is an agreement between
yang bersifat mengikat. Musyarakah adalah akad investors (musyarakah partners) to join the capital
kerjasama yang terjadi diantara para pemilik modal in a partnership, at an agreed predefined term of
(mitra musyarakah) untuk menggabungkan modal nisbah.
dan melakukan usaha secara bersama dalam suatu
kemitraan, dengan pembagian keuntungan
berdasarkan nisbah yang telah disepakati
sebelumnya.
LAMPIRAN – 5/31 – SCHEDULE
598 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 601
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
m. Pinjaman yang diberikan (lanjutan) m. Loans (continued)
Mudharabah adalah akad kerjasama usaha antara Mudharabah is an agreement between the Bank as
Bank sebagai pemilik dana (shahibul maal) dan an investor (shahibul maal) and customer as a fund
nasabah sebagai pengelola dana (mudharib) untuk manager (mudharib) to run a business with pre-
melakukan kegiatan usaha dengan nisbah defined terms of nisbah (gain or loss).
pembagian hasil (keuntungan atau kerugian)
menurut kesepakatan dimuka.
Ijarah adalah akad sewa antara pihak yang Ijarah is the lease contract between the party who
menyewakan aset ijarah (mu’jir) dengan penyewa rents out the ijarah assets (mu'jir) and the lessee or
(musta’jir) atau antara penerima jasa (musta’jir) between the recipient of the service (musta'jir) and
dengan pihak yang memberikan jasa (ajir) untuk the party who provide the service (ajir) to exchange
mempertukarkan manfaat dan ujrah, baik manfaat benefits and ujrah, both benefits of ijarah assets or
aset ijarah maupun jasa. services.
Piutang Ijarah Bank terdiri dari piutang ijarah atas Ijarah receivables consist of ijarah of assets (in a
aset (dalam bentuk akad Ijarah Muntahiyah form of Ijarah Muntahiyah Bittamlik agreement) and
Bittamlik) dan piutang ijarah mulitjasa. Ijarah multi-services ijarah receivables. Ijarah Muntahiyah
Muntahiyah Bittamlik (“IMBT”) adalah akad Bittamlik (“IMBT”) is an agreement to obtain rental
pemindahan hak guna (manfaat) atas suatu aset payment on the leased object with an option to
dalam waktu tertentu dengan pembayaran sewa transfer ownership of the leased object at certain
yang diikuti dengan janji perpindahan kepemilikan time. Ijarah receivables owned by the Bank
aset yang diijarahkan pada saat tertentu. Piutang represent ijarah for indirect services where other
ijarah multijasa yang dimiliki Bank merupakan ijarah entities will provide services to customers.
atas jasa secara tidak langsung dimana entitas lain
yang akan memberikan jasa kepada nasabah.
Pinjaman yang diberikan dihapusbukukan ketika Loans are written off when there are no realistic
tidak terdapat prospek yang realistis mengenai prospects of future recovery and all collateral have
pengembalian dimasa datang dan semua jaminan been realized or have been foreclosed. When loans
telah direalisasi atau sudah diambil alih. Pinjaman are deemed uncollectible, they are written off
yang tidak dapat dilunasi dihapusbukukan dengan against the related allowance for impairment
mendebit cadangan kerugian penurunan nilai. losses. Subsequent recoveries of loans written off
Pelunasan kemudian atas pinjaman yang telah are credited to the allowance for impairment losses
dihapusbukukan sebelumnya, dikreditkan ke in the consolidated statements of financial position.
cadangan kerugian penurunan nilai di laporan posisi
keuangan konsolidasian.
Restrukturisasi pinjaman yang diberikan meliputi Loan restructuring may involve a modification of the
modifikasi persyaratan kredit, konversi kredit terms of the loans, conversion of loans into equity
menjadi saham atau instrumen keuangan lainnya or other financial instruments and/or a combination
dan/atau kombinasi dari keduanya. of both.
Pinjaman yang diberikan yang direstrukturisasi Restructured loans are stated at the net present
disajikan sebesar nilai kini tunai penerimaan kas value of the total future cash receipts after
masa depan setelah restrukturisasi yang restructuring are discounted using the original
didiskontokan dengan menggunakan suku bunga effective interest rate. The difference between the
efektif awal. Selisih antara nilai tercatat kredit pada carrying amount of the loans prior to restructuring
tanggal restrukturisasi dan nilai kini tunai and the present value of the total future cash
penerimaan kas masa depan setelah restrukturisasi receipts is recognised in the consolidated
diakui dalam laporan laba rugi konsolidasi. statement of income.
LAMPIRAN – 5/32 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 599
Page 602
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
MATERIAL (lanjutan) (continued)
m. Pinjaman yang diberikan (lanjutan) m. Loans (continued)
Setelah restrukturisasi, semua penerimaan kas Thereafter, all cash receipts under the new terms
masa depan yang ditetapkan dalam persyaratan shall be accounted for as the recovery of principal
baru dicatat sebagai pengembalian pokok pinjaman and interest income, using the original effective
yang diberikan dan pendapatan bunga dengan interest rate.
menggunakan suku bunga efektif awal.
n. Investasi dalam saham n. Investments in shares
Investasi dalam saham yang diklasifikasikan Investments in shares classified as financial assets
sebagai aset keuangan diukur pada nilai wajar measured at fair value through other
melalui penghasilan komprehensif lain. comprehensive income.
Dividen kas yang diterima atas investasi dalam Cash dividend received from investment in shares
saham diakui sebagai pendapatan. is recognized as income.
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
PSAK 109 mengharuskan cadangan kerugian diakui PSAK 109 requires a loss allowance to be
sebesar kerugian kredit ekspektasian (“ECL”) recognized at an amount equal to either 12-month
12 bulan atau kerugian kredit ekspektasian expected credit losses (“ECL”) or lifetime ECLs.
sepanjang umur aset keuangan (lifetime ECL). Lifetime ECLs are the ECLs that result from all
Lifetime ECL adalah kerugian kredit ekspektasian possible default events over the expected life of a
yang berasal dari semua kemungkinan kejadian financial instrument, whereas 12-month ECLs are
gagal bayar sepanjang umur ekspektasian suatu the portion of ECLs that result from default events
instrumen keuangan, sedangkan ECL 12 bulan that are possible within the 12 months after
adalah porsi dari kerugian kredit ekspektasian yang reporting date.
berasal dari kemungkinan kejadian gagal bayar
dalam 12 bulan setelah tanggal pelaporan.
ECL 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 to guarantees that are classified as hold to collect/hold
collect/hold to collect and sell dan memiliki arus kas to collect and sell and have cash flows that are
SPPI. Kerugian kredit ekspektasian tidak diakui solely payments of principal and interest. Expected
untuk instrumen ekuitas yang ditetapkan sebagai credit losses are not recognized for equity
FVOCI. instruments designated at FVOCI.
Perseroan menggunakan model yang kompleks The Company primarily uses sophisticated models
yang menggunakan matriks probability of default that utilise the probability of default (“PD”), loss
(“PD”), loss given default (“LGD”) dan exposure at given default (“LGD”) and exposure at default
default (“EAD”), yang didiskontokan menggunakan (“EAD”) metrics, discounted using the effective
suku bunga efektif. interest rate.
a. Probability of Default (“PD”) a. Probability of Default (“PD”)
Probabilitas yang timbul di suatu waktu The probability at a point in time that a
dimana debitur mengalami gagal bayar, counterparty will default, calibrated over up to
dikalibrasikan sampai dengan periode 12 months from the reporting date (Stage 1) or
12 bulan dari tanggal laporan (Tahap 1) atau over the lifetime of the product (Stage 2 and 3)
sepanjang umur (Tahap 2 dan 3) dan and incorporating the impact of forward-
digabungkan pada dampak asumsi ekonomi looking economic assumptions that have an
masa depan yang memiliki risiko kredit. PD effect on credit risk. PD is estimated at a point
diestimasikan pada point in time dimana hal ini in time that means it will fluctuate in line with
berfluktuasi sejalan dengan siklus ekonomi. the economic cycle.
LAMPIRAN – 5/33 – SCHEDULE
600 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 603
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
(lanjutan) (continued)
b. Loss Given Default (“LGD”) b. Loss Given Default (“LGD”)
Kerugian yang diperkirakan akan timbul dari The loss that is expected to arise on default,
debitur yang mengalami gagal bayar dengan incorporating the impact of relevant forward
menggabungkan dampak dari asumsi looking economic assumptions (if any), which
ekonomi masa depan yang relevan (jika ada) represents the difference between the
dimana hal ini mewakili perbedaan antara arus contractual cash flows due and those that the
kas kontraktual yang akan jatuh tempo dengan Bank expects to receive. The Bank estimates
arus kas yang diharapkan untuk diterima. Bank LGD based on the historical recovery rates
mengestimasikan LGD berdasarkan data and considers the recovery of any collateral
historis dari tingkat pemulihan dan that is integral to the financial assets, taking
memperhitungkan pemulihan yang berasal into account forward looking economic
dari jaminan terhadap aset keuangan dengan assumptions if relevant.
mempertimbangkan asumsi ekonomi di masa
depan jika relevan.
c. Exposure at Default (“EAD”) c. Exposure at Default (“EAD”)
Perkiraan nilai eksposur neraca pada saat The expected balance sheet exposure at the
gagal bayar dengan mempertimbangkan time of default, taking into account that
bahwa perubahan ekspektasi yang expected change in exposure over the
diharapkan selama masa eksposur. Hal ini lifetime of the exposure. This incorporates
menggabungkan dampak penarikan fasilitas the impact of drawdowns of committed
yang committed, pembayaran pokok dan facilities, repayments of principal and
bunga, amortisasi dan pembayaran interest, amortization and prepayments,
dipercepat, bersama dengan dampak asumsi
together with the impact of forward looking
ekonomi masa depan jika relevan.
economic assumptions where relevant.
Kerugian kredit ekspektasian 12 bulan (Tahap 1) 12-month expected credit losses (Stage 1)
ECL diakui pada saat pengakuan awal instrumen ECL are recognized at the time of initial recognition
keuangan dan merepresentasikan kekurangan kas of a financial instrument and represent the lifetime
sepanjang umur aset yang timbul dari kemungkinan cash shortfalls arising from possible default events
gagal bayar di masa yang akan datang dalam kurun up to twelve months into the future from the
waktu dua belas bulan sejak tanggal pelaporan. ECL reporting date. ECL continue to be determined on
terus ditentukan oleh dasar ini sampai timbul this basis until there is either a significant increase
peningkatan risiko kredit yang signifikan pada in the credit risk of an instrument or the instrument
instrumen tersebut atau instrumen tersebut telah becomes credit-impaired. If an instrument is no
mengalami penurunan nilai kredit. Jika suatu longer considered to exhibit a significant increase
instrumen tidak lagi dianggap menunjukkan in credit risk, ECL will revert to being determined
peningkatan risiko kredit yang signifikan, maka ECL on a 12-month basis.
dihitung kembali berdasarkan basis dua belas bulan.
LAMPIRAN – 5/34 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 601
Page 604
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
(lanjutan) (continued)
Peningkatan risiko kredit yang signifikan Significant increase in credit risk (Stage 2)
(Tahap 2)
Jika aset keuangan mengalami peningkatan risiko If a financial asset experiences a significant
kredit yang signifikan (“SICR”) sejak pengakuan increase in credit risk (“SICR”) since initial
awal, kerugian kredit ekspektasian diakui atas recognition, an expected credit loss provision is
kejadian gagal bayar yang mungkin terjadi recognized for default events that may occur over
sepanjang umur aset. Peningkatan signifikan dalam the lifetime of the asset. Significant increase in
risiko kredit dinilai dengan membandingkan risiko credit risk is assessed by comparing the risk of
gagal bayar atas eksposur pada tanggal pelaporan default of an exposure at the reporting date to the
dengan risiko gagal bayar saat pengakuan awal risk of default at origination (after taking into
(setelah memperhitungkan perjalanan waktu dari account the passage of time). Significant does not
akun tersebut). Signifikan tidak berarti signifikan mean statistically significant nor is it assessed in
secara statistik, juga tidak dinilai dalam konteks the context of changes in ECL. Whether a change
perubahan dalam ECL. Perubahan atas risiko gagal in the risk of default is significant or not is assessed
bayar dinilai signifikan atau tidak, dinilai using a number of quantitative and qualitative
menggunakan sejumlah faktor kuantitatif dan factors, the weight of which depends on the type of
kualitatif, yang bobotnya bergantung pada tipe product and counterparty. Financial assets that are
produk dan pihak lawan. Aset keuangan dengan 30 or more days past due and not credit-impaired
tunggakan 30 hari atau lebih dan tidak mengalami will always be considered to have experienced a
penurunan nilai akan selalu dianggap telah significant increase in credit risk.
mengalami peningkatan risiko kredit yang signifikan.
Aset hanya akan dianggap mengalami penurunan An asset is only considered credit impaired and
nilai dan kerugian kredit ekspektasian sepanjang lifetime expected credit losses recognized, if there
umurnya diakui, jika terdapat bukti objektif is observed objective evidence of impairment.
penurunan nilai yang dapat diobservasi. Faktor- These factors are similar to the indicators of
faktor yang diobservasi ini serupa dengan indikator objective evidence of impairment, this includes,
bukti objektif penurunan nilai, termasuk antara lain amongst other factors, assets in default for more
aset gagal bayar dengan tunggakan lebih dari 90 than 90 days or experiencing significant financial
hari atau mengalami kesulitan keuangan yang difficulty, or experiencing forbearance on impaired
signifikan atau mengalami forbearance atas kredit credit (mentioned as ‘Stage 3 asset’).
yang mengalami penurunan nilai (disebut sebagai
‘aset Tahap 3’).
Pengukuran kerugian kredit ekspektasian di seluruh The measurement of expected credit losses across
tahapan aset diperlukan untuk mencerminkan all stages is required to reflect an unbiased and
jumlah yang tidak bias dan rata-rata probabilitas probability weighted amount that is determined by
tertimbang yang ditentukan dengan mengevaluasi evaluating a range of reasonably possible
serangkaian kemungkinan yang dapat terjadi outcomes using reasonable and supportable
menggunakan informasi yang wajar dan dapat information about past events, current conditions
didukung dengan peristiwa di masa lampau, kondisi and forecasts of future economic conditions.
saat ini dan proyeksi terkait dengan kondisi
ekonomis di masa depan.
LAMPIRAN – 5/35 – SCHEDULE
602 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 605
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
(lanjutan) (continued)
Eksposur yang mengalami penurunan nilai kredit Credit impaired (or defaulted) exposures
atau gagal bayar (Tahap 3) (Stage 3)
Aset keuangan yang mengalami penurunan nilai Financial assets that are credit impaired (or in
(atau gagal bayar) merupakan aset yang setidaknya default) represent those that are at least 90 days
telah memiliki tunggakan lebih dari 90 hari atas past due in respect of principal and/or interest or
pokok dan/atau bunga atau memiliki peringkat kredit has certain credit grades (credit grading 26-28).
tertentu (peringkat kredit 26-28). Aset keuangan juga Financial assets are also considered to be credit
dianggap mengalami penurunan nilai kredit dimana impaired where the debtors are unlikely to pay on
debitur kemungkinan besar tidak akan membayar the occurrence of one or more observable events
dengan terjadinya satu atau lebih kejadian yang that have a detrimental impact on the estimated
teramati yang memiliki dampak menurunkan jumlah future cash flows of the financial asset. Loss
estimasi arus kas masa depan dari aset keuangan provisions against credit impaired financial assets
tersebut. Cadangan kerugian penurunan nilai are determined based on an assessment of the
terhadap aset keuangan yang mengalami recoverable cash flows under a range of scenarios,
penurunan nilai ditentukan berdasarkan penilaian including the realization of any collateral held
terhadap arus kas yang dapat dipulihkan where appropriate. The ECL will reflect weighted
berdasarkan sejumlah skenario, termasuk realisasi average of the scenarios based on the probability
jaminan yang dimiliki jika memungkinkan. ECL akan of the relevant scenario to occur. The loss
mencerminkan rata-rata tertimbang dari skenario provisions held represent the difference between
berdasarkan probabilitas dari skenario yang relevan the present value of the cash flows expected to be
untuk terjadi. Cadangan kerugian penurunan nilai recovered, discounted at the instrument’s original
merupakan selisih antara nilai sekarang dari arus effective interest rate, and the gross carrying value
kas yang diperkirakan akan dipulihkan, of the instrument prior to any credit impairment.
didiskontokan pada suku bunga efektif awal, dan
nilai tercatat bruto instrumen sebelum penurunan
nilai kredit.
Periode yang diperhitungkan ketika mengukur The period considered when measuring expected
kerugian kredit ekspektasian adalah periode yang credit loss is the shorter of the expected life and the
lebih pendek antara umur ekspektasian dan periode contractual term of the financial asset. The
kontrak aset keuangan. Umur ekspektasian dapat expected life may be impacted by prepayments
dipengaruhi oleh pembayaran dimuka dan periode and the maximum contractual term by extension
kontrak maksimum melalui opsi perpanjangan options. For certain revolving portfolios, including
kontrak. Untuk portofolio revolving tertentu, credit cards, the expected life is assessed over the
termasuk kartu kredit, umur ekspektasian dinilai period that the Company is exposed to credit risk
sepanjang periode dimana Perseroan terekspos (which is based on the length of time it takes for
dengan risiko kredit (berdasarkan durasi waktu yang credit facilities to be withdrawn) rather than the
dibutuhkan untuk fasilitas kredit ditarik), bukan contractual term.
sepanjang periode kontrak.
Untuk aset yang diukur pada biaya perolehan For assets measured at amortized cost, the
diamortisasi, saldo di neraca mencerminkan aset balance sheet amount reflects the gross asset less
bruto dikurangi kerugian kredit ekspektasian. Untuk the expected credit losses. For debt instruments
instrumen utang dalam kategori FVOCI, saldo di held at FVOCI, the balance sheet amount reflects
neraca mencerminkan nilai wajar dari instrumen, the instrument’s fair value, with the expected credit
dengan cadangan kerugian kredit ekspektasian loss allowance held as a separate reserve within
dibukukan terpisah sebagai cadangan pada other comprehensive income.
penghasilan komprehensif lain.
LAMPIRAN – 5/36 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 603
Page 606
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
(lanjutan) (continued)
Eksposur yang mengalami penurunan nilai kredit Credit impaired (or defaulted) exposures
atau gagal bayar (Tahap 3) (lanjutan) (Stage 3) (continued)
Untuk menentukan kerugian kredit ekspektasian To determine the expected credit loss, these
komponen-komponen ini akan diperhitungkan components are multiplied together and discounted
secara bersama-sama dan didiskontokan ke tanggal to the balance sheet date using the effective
laporan keuangan menggunakan diskonto interest rate as the discount rate. The basis of
berdasarkan suku bunga efektif. Dasar input, asumsi inputs, assumptions and the estimation technique
dan teknik estimasi diungkapkan di Catatan 50. are disclosed in Note 50.
Unit Usaha syariah Sharia business unit
Aset produktif perbankan syariah terdiri dari giro Productive assets of sharia banking include current
pada Bank Indonesia, Sertifikat Bank Indonesia, accounts with Bank Indonesia, Certificates of Bank
efek-efek, piutang Islamic Banking (“iB”), piutang iB Indonesia, marketable securities, Islamic Banking
lainnya, pembiayaan iB dan transaksi rekening (“iB”) receivables, other iB receivables, iB financing
administratif yang mempunyai risiko kredit. and off-balance sheet transactions which contain
credit risk.
Sesuai dengan peraturan OJK In accordance with the OJK No.16/POJK.03/2014
No.16/POJK.03/2014 tanggal 18 November 2014 dated 18 November 2014 concerning Asset Quality
tentang Penilaian Kualitas Aset Bank Umum Syariah Assessment on Sharia Bank and Sharia Business
dan Unit Usaha Syariah, yang berlaku sejak Unit, which is applied starting 1 January 2015 and
1 Januari 2015 dan perubahan terakhirnya POJK the latest update POJK No.2/POJK.03/2022 dated
No.2/POJK.03/2022 tanggal 31 Januari 2022, Bank 31 January 2022, the Bank is required to provide an
wajib membentuk cadangan kerugian sesuai dengan allowance for impairment losses in accordance with
standar akuntansi keuangan yang berlaku. Sesuai prevailing accounting standards. In accordance with
PSAK 402 (sebelumnya PSAK 102), khusus untuk PSAK 402 (formerly PSAK 102), specifically for
piutang dengan akad murabahah penyisihan murabahah receivables the impairment losses is
kerugian penurunan nilai dievaluasi secara individual evaluated individually and collectively based on
dan kolektif dengan mengacu pada PSAK 239 PSAK 239 (formerly PSAK 55). The allowance for
(sebelumnya PSAK 55). Sedangkan cadangan impairment losses on productive assets for other
penghapusan aset produktif yang dibentuk untuk agreements are calculated using the following
akad lainnya mengacu sebagai berikut: guidelines:
i. Cadangan umum sekurang-kurangnya 1% dari i. General allowance at a minimum of 1% of
aset produktif dan transaksi rekening administratif productive assets and off-balance sheet
yang digolongkan lancar. transactions that are classified as current.
ii. Cadangan khusus untuk aset produktif dan ii. Specific allowance for productive assets and off-
transaksi rekening administratif: balance sheet transactions:
Persentase minimum cadangan/
Klasifikasi Minimum percentage of allowance Classification
Dalam perhatian khusus 5% Special mention
Kurang lancar 15% Substandard
Diragukan 50% Doubtful
Macet 100% Loss
LAMPIRAN – 5/37 – SCHEDULE
604 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 607
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
o. Cadangan kerugian kredit ekspektasian o. Allowance for expected credit losses
(lanjutan) (continued)
Usaha syariah (lanjutan) Sharia business (continued)
Cadangan khusus untuk aset produktif dan transaksi Specific allowance for productive assets and off-
rekening administratif yang mempunyai risiko kredit balance sheet transactions with credit risk
yang digolongkan sebagai dalam perhatian khusus, classified as special mention, substandard,
kurang lancar, diragukan, dan macet dihitung atas doubtful, and loss is calculated on total loan
jumlah pokok pinjaman yang diberikan setelah principal after deducting the value of allowable
dikurangi dengan nilai agunan yang diperkenankan. collateral. No allowance is provided for any portion
Pencadangan tidak dibentuk untuk porsi fasilitas of facility backed by cash collateral.
yang dijamin dengan agunan tunai.
Bank dan Entitas Anak menghapusbukukan saldo The Bank and Subsidiary write off financial assets
aset keuangan beserta cadangan kerugian and any related allowance for impairment losses
penurunan nilai terkait pada saat Bank dan Entitas when the Bank and Subsidiary determine that
Anak menentukan bahwa pinjaman yang diberikan, those loans, consumer financing receivables,
piutang pembiayaan konsumen, piutang sewa finance lease receivables or debt securities are
pembiayaan atau efek-efek utang tersebut tidak uncollectible. This determination is reached after
dapat lagi ditagih. Keputusan ini diambil setelah considering information such as the occurrence of
mempertimbangkan informasi terkait seperti telah significant changes in the borrower’s/issuer’s
terjadinya perubahan signifikan atas posisi financial position such that the borrower/issuer can
keuangan debitur/penerbit yang mengakibatkan no longer pay the obligation, or that proceeds from
debitur/penerbit tidak lagi dapat melunasi collateral will not be sufficient to pay back the entire
liabilitasnya, atau hasil penjualan agunan tidak akan exposure.
cukup untuk melunasi seluruh eksposurnya.
p. Cadangan kerugian penurunan nilai atas aset p. Allowance for impairment losses on non-
yang bukan aset keuangan kecuali goodwill financial assets except goodwill
Pada akhir setiap periode pelaporan, Bank dan At the end of each reporting period, the Bank and
Entitas Anak menelaah nilai tercatat aset non- Subsidiary review the carrying amount of non-
keuangan untuk menentukan apakah terdapat financial assets to determine whether there is any
indikasi bahwa aset tersebut telah mengalami indication that those assets have suffered an
penurunan nilai. Jika terdapat indikasi tersebut, impairment loss. If any such indication exists, the
jumlah terpulihkan dari aset diestimasi untuk recoverable amount of the asset is estimated in
menentukan tingkat kerugian penurunan nilai (jika order to determine the extent of the impairment loss
ada). Bila tidak memungkinkan untuk mengestimasi (if any). Where the asset does not generate cash
jumlah terpulihkan atas suatu aset individual, Bank flows that are independent from other assets, the
dan Entitas Anak mengestimasi jumlah terpulihkan Bank and Subsidiary estimate the recoverable
dari unit penghasil kas atas aset. Ketika dasar amount of the cash-generating unit to which the
alokasi yang wajar dan konsisten dapat asset belongs. When a reasonable and consistent
diidentifikasi, aset perusahaan juga dialokasikan ke basis of allocation can be identified, corporate
masing-masing kelompok unit penghasil kas, atau assets are also allocated to individual cash-
sebaliknya mereka dialokasikan ke kelompok generating units, or otherwise they are allocated to
terkecil dari kelompok unit penghasil kas di mana the smallest group of cash-generating units for
dasar alokasi yang wajar dan konsisten dapat which a reasonable and consistent allocation basis
diidentifikasi. can be identified.
Aset takberwujud dengan masa manfaat tidak Intangible assets with indefinite useful lives and
terbatas dan aset takberwujud yang belum tersedia intangible assets not yet available for use are
untuk digunakan diuji penurunan nilainya setiap tested for impairment annually, and whenever there
tahun dan ketika terdapat indikasi penurunan nilai. is an indication that the asset maybe impaired.
LAMPIRAN – 5/38 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 605
Page 608
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
p. Cadangan kerugian penurunan nilai atas aset p. Allowance for impairment losses on non-
yang bukan aset keuangan kecuali goodwill financial assets except goodwill (continued)
(lanjutan)
Jumlah terpulihkan adalah nilai tertinggi antara nilai Recoverable amount is the higher of fair value less
wajar dikurangi biaya pelepasan dan nilai pakai. cost to sell and value in use. In assessing value in
Dalam menilai nilai pakainya, estimasi arus kas use, the estimated future cash flows are
masa depan didiskontokan ke nilai kini discounted to their present value using a pre-tax
menggunakan tingkat diskonto sebelum pajak yang discount rate that reflects current market
menggambarkan penilaian pasar kini dari nilai waktu assessments of the time value of money and the
uang dan risiko spesifik atas aset dengan estimasi risks specific to the asset for which the estimates
arus kas masa depan belum disesuaikan. of future cash flows have not been adjusted.
Jika jumlah terpulihkan dari aset non-keuangan (unit If the recoverable amount of the non-financial
penghasil kas) lebih kecil dari nilai tercatatnya, nilai asset (cash generating unit) is less than its carrying
tercatat aset (unit penghasil kas) diturunkan menjadi amount, the carrying amount of the asset (cash
sebesar jumlah terpulihkan dan rugi penurunan nilai generating unit) is reduced to its recoverable
segera diakui dalam laba rugi, kecuali aset tersebut amount and an impairment loss is recognized
disajikan pada jumlah revaluasian, di mana kerugian immediately in profit or loss, unless the relevant
penurunan nilai diperlakukan sebagai penurunan asset is carried at revaluation amount, in which the
revaluasi. impairment loss is treated as a revaluation
decrease.
q. Piutang pembiayaan konsumen q. Consumer financing receivables
Piutang pembiayaan konsumen merupakan jumlah Consumer financing receivables are stated at net
piutang setelah dikurangi dengan bagian of joint financing portion, unearned consumer
pembiayaan bersama, pendapatan pembiayaan financing income and allowance for expected
konsumen yang belum diakui dan cadangan credit losses.
kerugian kredit ekskpektasian.
Piutang pembiayaan konsumen diklasifikasikan Consumer financing receivables are classified as at
sebagai diukur pada biaya perolehan diamortisasi, amortized cost, and subsequent to initial recognition,
dan setelah pengakuan awal, dicatat pada biaya are carried at amortized cost using the effective
perolehan diamortisasi dengan menggunakan interest rate method.
metode suku bunga efektif.
Pendapatan pembiayaan konsumen yang belum Unearned consumer financing income represents
diakui merupakan selisih antara jumlah keseluruhan the difference between total installments to be
pembayaran angsuran yang akan diterima dari received from the consumer and the principal
konsumen dan jumlah pokok pembiayaan, yang amount financed, which is recognized as income
diakui sebagai pendapatan selama jangka waktu over the term of the contract based on effective
kontrak berdasarkan tingkat suku bunga efektif dari interest rate of the related consumer financing
piutang pembiayaan konsumen. receivable.
Termasuk dalam piutang pembiayaan konsumen Included in consumer financing receivables are
adalah piutang pembiayaan murabahah. Murabahah murabahah financing receivables. Murabahah is
adalah akad jual beli barang dengan harga jual goods sell-buy contract with a selling price
sebesar biaya perolehan ditambah keuntungan yang amounted to acquisition cost plus agreed margin
disepakati dan Entitas Anak harus mengungkapkan and the Subsidiary must disclose the acquisition
biaya perolehan barang tersebut kepada konsumen. cost to consumer. When the murabahah contract
Pada saat akad murabahah, piutang pembiayaan is signed, murabahah financing receivables are
murabahah diakui sebesar biaya perolehan recognized at acquisition cost plus agreed margin.
ditambah keuntungan (marjin). Keuntungan Murabahah margin is recognized over the period
murabahah diakui selama periode akad of the contract based on margin of the murabahah
berdasarkan pengakuan marjin dari piutang financing receivables.
pembiayaan murabahah.
LAMPIRAN – 5/39 – SCHEDULE
606 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 609
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
q. Piutang pembiayaan konsumen (lanjutan) q. Consumer financing receivables (continued)
Akad murabahah secara substansi merupakan Substantially, murabahah contract is a financing,
suatu pembiayaan, sehingga pengakuan marjin so that margin recognition is based on standards
dilakukan berdasarkan standar yang mengatur which regulate financing, as mentioned in
pembiayaan, seperti yang disebutkan di kebijakan consumer financing policy.
pembiayaan konsumen.
Penyelesaian kontrak sebelum masa pembiayaan Early termination of a contract is treated as
konsumen berakhir diperlakukan sebagai a cancellation of an existing contract and the
pembatalan kontrak pembiayaan konsumen dan resulting gain is recognized in the current year
keuntungan yang timbul diakui dalam laba rugi tahun profit or loss.
berjalan.
Piutang pembiayaan konsumen akan Consumer financing receivables will be written off
dihapusbukukan setelah menunggak lebih dari 210 when they are overdue for more than 210 days.
hari. Penerimaan dari piutang yang telah Recoveries from written off receivables are
dihapusbukukan diakui sebagai pendapatan lain-lain recognized as other income upon receipt.
pada saat diterima.
Dalam hal restrukturisasi piutang pembiayaan In term of restructuring of murabahah financing
murabahah dilakukan dengan modifikasi receivables through modification of financing
persyaratan pembiayaan, Entitas Anak memberikan terms, the Subsidiary provide payment holiday and
kelonggaran pembayaran dan perpanjangan jatuh tenor extension to the customer but did not change
tempo kepada konsumen namun tidak mengubah the outstanding of murabahah financing
total sisa piutang pembiayaan murabahah (baik receivables (both principal and margin) that have
pokok maupun marjin) yang harus dibayarkan oleh to be paid by the customer. The Subsidiary records
konsumen. Entitas Anak mencatat dampak the impact from restructuring prospectively, by not
restrukturisasi tersebut secara prospektif, dengan recognizing the amortization of margin and
tidak mengakui amortisasi marjin serta amortisasi amortization of acquisition costs during the
biaya perolehan pada saat cuti angsuran. payment holiday. Margin income after restructuring
Pendapatan marjin setelah restrukturisasi akan will be recognized at the margin amount stated
diakui sebesar jumlah marjin yang ditentukan dalam under the new financing terms which did not
persyaratan pembiayaan baru yang tidak mengubah change the outstanding receivables.
total sisa piutang.
Restrukturisasi pembiayaan konsumen meliputi Restructuring of consumer financing may involve a
modifikasi persyaratan kredit. Pembiayaan yang modification of the terms of the loans. Restructured
direstrukturisasi disajikan sebesar nilai kini atas arus financing are stated at the net present value of
kas kontraktual setelah restrukturisasi yang contractual cash flows after restructuring are
didiskontokan dengan menggunakan suku bunga discounted using the original effective interest rate.
efektif awal. Selisih antara jumlah tercatat bruto Differences arising from the gross carrying value of
piutang pembiayaan konsumen pada tanggal the consumer financing receivables at the time of
restrukturisasi dengan nilai kini arus kas kontraktual restructuring with present value of contractual cash
setelah restrukturisasi diakui dalam laba rugi. flows after restructuring are recognized to profit or
loss.
Setelah restrukturisasi, seluruh arus kas kontraktual Thereafter, all the contractual cash flows under the
dalam persyaratan baru dicatat sebagai new terms shall be accounted for as the repayment
pengembalian pokok pembiayaan yang diberikan of principal and interest income, in accordance with
dan pendapatan bunga sesuai dengan syarat-syarat the restructuring scheme.
restrukturisasi.
LAMPIRAN – 5/40 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 607
Page 610
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
q. Piutang pembiayaan konsumen (lanjutan) q. Consumer financing receivables (continued)
Pembiayaan bersama Joint financing
Seluruh kontrak pembiayaan bersama yang All joint financing contracts entered by the
dilakukan oleh Entitas Anak merupakan pembiayaan Subsidiary represent joint financing without
bersama tanpa tanggung renteng (without recourse) recourse in which only the Subsidiary’ financing
dimana hanya porsi jumlah angsuran piutang yang portion of the total installments is recorded as
dibiayai Entitas Anak yang dicatat sebagai piutang consumer financing receivables in the
pembiayaan konsumen di laporan posisi keuangan consolidated statements of financial position (net
konsolidasian (pendekatan neto). Pendapatan dan approach). Consumer financing income and
beban pembiayaan konsumen serta pendapatan expense and Murabahah margin income and
marjin dan beban marjin Murabahah disajikan pada margin expense are presented in profit or loss after
laba rugi setelah dikurangi dengan bagian yang deducting the portions belong to other parties who
merupakan hak pihak-pihak lain yang berpartisipasi participated in the joint financing transactions.
pada transaksi pembiayaan bersama.
r. Sewa pembiayaan r. Finance leases
Penentuan apakah suatu perjanjian merupakan The determination of whether an arrangement is,
perjanjian sewa atau perjanjian yang mengandung or contains a lease is based on the substance of
sewa didasarkan atas substansi perjanjian pada the arrangement at inception date and whether the
tanggal awal sewa dan apakah pemenuhan fulfillment of the arrangement is dependent on the
perjanjian tergantung pada penggunaan suatu aset use of a specific asset and the arrangement
dan perjanjian tersebut memberikan suatu hak untuk conveys a right to use the asset. Leases are
menggunakan aset tersebut. Suatu sewa classified as finance leases if the leases transfer
diklasifikasikan sebagai sewa pembiayaan jika sewa substantially all the risks and rewards related to
tersebut mengalihkan secara substansial seluruh ownership of the leased assets. All other leases
risiko dan manfaat yang terkait dengan kepemilikan are classified as operating lease.
aset. Seluruh sewa lainnya diklasifikasikan sebagai
sewa operasi.
Entitas Anak mengakui aset berupa piutang sewa The Subsidiary recognised assets of financial
pembiayaan sebesar jumlah yang sama dengan lease receivable at an amount equal to the net
investasi sewa neto. Penerimaan piutang sewa investment in the lease. Lease payment is treated
diperlakukan sebagai pembayaran pokok dan as repayment of principal and financing lease
penghasilan sewa pembiayaan. Pengakuan income. The recognition of financing lease income
penghasilan sewa pembiayaan didasarkan pada is based on a pattern reflecting a constant periodic
suatu pola yang mencerminkan suatu tingkat rate of return on The Subsidiary’s net investment in
pengembalian periodik yang konstan atas investasi the financing lease. The Subsidiary acts as a lessor
neto. Entitas Anak bertindak sebagai lessor dalam in finance leases.
sewa pembiayaan.
Piutang sewa pembiayaan akan dihapusbukukan Finance lease receivables will be written-off when
setelah menunggak lebih dari 210 hari. Penerimaan they are overdue for more than 210 days.
dari piutang yang telah dihapusbukukan diakui Recoveries from written-off receivables are
sebagai pendapatan lain-lain pada saat diterima. recognised as other income upon receipt.
s. Aset takberwujud s. Intangible assets
Aset takberwujud terdiri dari goodwill dan perangkat Intangible assets consist of goodwill and software
lunak yang dibeli Bank dan Entitas Anak. acquired by the Bank and Subsidiary.
s.1. Goodwill s.1. Goodwill
Goodwill timbul atas akuisisi dari suatu bisnis Goodwill arising on an acquisition of a
dicatat pada biaya perolehan yang ditetapkan business is carried at cost as established at
pada tanggal akuisisi bisnis tersebut dikurangi the date of acquisition of the business less
akumulasi penurunan nilai, jika ada. accumulated impairment losses, if any.
LAMPIRAN – 5/41 – SCHEDULE
608 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 611
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
s. Aset takberwujud (lanjutan) s. Intangible assets (continued)
s.1. Goodwill (lanjutan) s.1. Goodwill (continued)
Goodwill tidak diamortisasi tetapi direviu untuk Goodwill is not amortized but is reviewed for
penurunan nilai setidaknya setiap tahun. Untuk impairment at least annually. For the purpose
tujuan uji penurunan nilai, goodwill dialokasikan of impairment testing, goodwill is allocated to
pada setiap unit penghasil kas dari Bank dan each of the Bank and Subsidiary’ cash-
Entitas Anak (atau kelompok unit penghasil generating units (or group of cash-generating
kas) yang diperkirakan memberikan manfaat units) expected to benefit from the synergies
dari sinergi kombinasi bisnis tersebut. Unit of the combination. A cash-generating unit to
penghasil kas yang telah memperoleh alokasi which goodwill has been allocated is tested
goodwill diuji penurunan nilainya setiap tahun, for impairment annually, or more frequently
atau lebih sering jika terdapat indikasi bahwa when there is an indication that the unit may
unit penghasil kas tersebut mungkin mengalami be impaired. If the recoverable amount of the
penurunan nilai. Jika jumlah terpulihkan dari cash-generating unit is less than its carrying
unit penghasil kas kurang dari jumlah amount, the impairment loss is allocated first
tercatatnya, rugi penurunan nilai dialokasikan to reduce the carrying amount of any goodwill
pertama kali untuk mengurangi jumlah tercatat allocated to the unit and then to the other
atas setiap goodwill yang dialokasikan pada assets of the unit pro-rata on the basis of the
unit penghasil kas dan kemudian ke aset lain carrying amount of each asset in the unit. Any
dari unit penghasil kas secara prorata impairment loss for goodwill is recognized
berdasarkan jumlah tercatat dari setiap aset directly in profit or loss in the consolidated
dalam unit penghasil kas tersebut. Setiap statement of profit or loss and other
kerugian penurunan nilai goodwill diakui secara comprehensive income. An impairment loss
langsung dalam laba rugi pada laporan laba recognized for goodwill is not reversed in
rugi dan penghasilan komprehensif lain subsequent periods.
konsolidasian. Rugi penurunan nilai yang diakui
atas goodwill tidak dapat dibalik pada periode
berikutnya.
Pada pelepasan entitas anak atau unit On disposal of a subsidiary or the relevant
penghasil kas, jumlah goodwill yang dapat cash-generating unit, the attributable amount
diatribusikan termasuk dalam penentuan laba of goodwill is included in the determination of
rugi atas pelepasan. the profit or loss on disposal.
s.2. Perangkat lunak s.2. Software
Perangkat lunak yang dibeli oleh Bank dan Entitas Software acquired by the Bank and Subsidiary
Anak dicatat sebesar biaya perolehan dikurangi is stated at cost less accumulated amortization
akumulasi amortisasi dan akumulasi kerugian and accumulated impairment losses.
penurunan nilai.
Pengeluaran untuk modifikasi perangkat lunak Expenditure on internal modification software
secara internal diakui sebagai aset ketika Bank is recognized as an asset when the Bank and
dan Entitas Anak dapat mendemonstrasikan Subsidiary are able to demonstrate their
maksud dan kemampuannya untuk intention and ability to complete the
menyelesaikan pengembangan dan memakai development and use of the software in a
perangkat lunak tersebut dalam menghasilkan manner that will generate future economic
keuntungan ekonomis dimasa mendatang, dan benefits, and can reliably measure the costs
dapat secara andal mengukur biaya untuk to complete the development. The capitalized
menyelesaikan pengembangan. Biaya yang costs of internally developed software include
dikapitalisasi dari pengembangan perangkat all costs directly attributable to develop the
lunak secara internal mencakup semua biaya software, and are amortized over its useful
yang dapat diatribusikan langsung untuk life. Internally developed software is stated at
pengembangan perangkat lunak. capitalized cost less accumulated
Pengembangan perangkat lunak dinyatakan amortization and impairment losses.
pada biaya yang dikapitalisasi dikurangi
akumulasi amortisasi dan penurunan nilai.
LAMPIRAN – 5/42 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 609
Page 612
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
s. Aset takberwujud (lanjutan) s. Intangible assets (continued)
s.2. Perangkat lunak (lanjutan) s.2. Software (continued)
Pengeluaran selanjutnya untuk perangkat Subsequent expenditure on software is
lunak akan dikapitalisasi hanya jika capitalized only when it increases the future
pengeluaran tersebut menambah manfaat economic benefits embodied in the specific
ekonomis aset yang bersangkutan di masa asset to which it relates. All other
mendatang. Semua pengeluaran lainnya expenditures are expensed as incurred.
dibebankan pada saat terjadinya.
Amortisasi diakui dalam laba rugi dengan Amortization is recognized in profit or loss on
menggunakan metode garis lurus sepanjang a straight-line basis over the estimated useful
masa manfaat dari perangkat lunak tersebut, life of the software, from the date it is
dari tanggal perangkat lunak tersebut tersedia available for use. The estimated useful life of
untuk dipakai. Estimasi masa manfaat dari software is five years.
perangkat lunak adalah lima tahun.
Metode amortisasi, estimasi masa manfaat, Amortization method, useful lives, and
dan nilai residual ditelaah pada setiap akhir residual values are reviewed at each financial
tahun pelaporan dan disesuaikan jika dianggap year-end and adjusted if appropriate.
tepat.
t. Aset tetap t. Fixed assets
Aset tetap pada awalnya dinyatakan sebesar harga Fixed assets are initially recognized at acquisition
perolehan. Setelah pengukuran awal, aset tetap cost. After initial measurement, fixed assets are
diukur dengan model biaya, dicatat pada harga measured using the cost model, carried at their cost
perolehan dikurangi akumulasi penyusutan dan less any accumulated depreciation and
akumulasi kerugian penurunan nilai. accumulated impairment losses.
Harga perolehan mencakup harga pembelian dan Acquisition cost includes purchase price and any
semua beban yang terkait secara langsung untuk costs directly attributable to bring the assets to the
membawa aset tersebut ke lokasi dan kondisi yang location and condition necessary for it to be
diperlukan untuk memungkinkan aset tersebut capable of operating in the manner intended by
beroperasi sebagaimana ditentukan oleh management.
manajemen.
Tanah dinyatakan sebesar harga perolehan dan Land is stated at cost and not depreciated.
tidak disusutkan.
Penyusutan diakui dengan metode garis lurus Depreciation is recognized so as to write off the
setelah memperhitungkan nilai residu berdasarkan cost of assets less residual value using the straight-
taksiran masa manfaat asset tetap sebagai berikut: line method based on the estimate useful lives of
the assets as follows:
Tahun/Years
Bangunan 20 Buildings
Perlengkapan kantor 4-5 Office equipment
Kendaraan bermotor 3-5 Motor vehicles
Apabila aset tetap tidak digunakan lagi atau dijual, When fixed assets are retired or otherwise
maka nilai tercatat dan akumulasi penyusutannya disposed of, their carrying values and the related
dikeluarkan dari laporan posisi keuangan accumulated depreciation are removed from the
konsolidasian, dan keuntungan atau kerugian yang consolidated statements of financial position, and
terjadi diakui dalam laba rugi. the resulting gains or losses are recognized in profit
or loss.
LAMPIRAN – 5/43 – SCHEDULE
610 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 613
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
t. Aset tetap (lanjutan) t. Fixed assets (continued)
Akumulasi biaya pengembangan aset tetap The accumulated costs of the construction of fixed
dikapitalisasi sebagai aset dalam penyelesaian. assets are capitalized as construction in progress.
Beban tersebut direklasifikasi ke aset tetap pada These costs are reclassified to fixed assets when
saat proses konstruksi selesai dan siap digunakan. the construction is completed. Depreciation is
Penyusutan mulai dibebankan pada bulan yang charged from such month.
sama.
Beban perbaikan dan pemeliharaan dibebankan The cost of repairs and maintenance is charge to
pada laba rugi pada saat terjadinya. Biaya-biaya lain profit or loss as incurred. Other costs incurred
yang terjadi selanjutnya yang timbul untuk subsequently to add to, replace part of, or service
menambah, mengganti atau memperbaiki aset tetap and item of fixed assets, are recognized as asset
dicatat sebagai biaya perolehan aset jika, dan hanya if, and only if, it is probable that future economic
jika, kemungkinan besar Bank dan Entitas Anak benefits associated with the item will flow to the
akan memperoleh manfaat ekonomik masa depan Bank and Subsidiary and the cost of the item can
dari asset tersebut dan biaya – biaya tersebut dapat be measured reliably.
diukur secara andal.
Estimasi umur ekonomis, metode penyusutan, dan Estimation of economic life, depreciation method,
nilai residu telah ditelaah pada setiap akhir tahun and residual value are reviewed at each financial
pelaporan dan disesuaikan jika dianggap tepat. year-end and adjusted if appropriate.
u. Agunan yang diambil alih u. Foreclosed assets
Agunan yang diambil alih sehubungan dengan Foreclosed assets acquired in conjunction with
penyelesaian kredit dinyatakan berdasarkan nilai settlement of loans are stated at the lower of
terendah antara nilai tercatat pinjaman yang related loans’ carrying value or net realizable value
diberikan terkait atau nilai realisasi neto dari agunan of the foreclosed assets. Net realizable value is the
yang diambil alih. Nilai realisasi neto adalah nilai fair value of the foreclosed assets after deducting
wajar agunan yang diambil alih setelah dikurangi the estimated cost of disposal. The excess
beban pelepasan. Selisih lebih antara nilai tercatat between the carrying value and the net realizable
dan nilai realisasi neto dicatat sebagai cadangan value is recorded as allowance for impairment of
penurunan nilai atas agunan yang diambil alih dan foreclosed assets and is charged to the current
dibebankan pada laba rugi tahun berjalan. Secara year profit or loss. In general, the Bank does not
umum, Bank tidak menggunakan aset yang diambil utilize foreclosed assets for business use.
alih untuk kepentingan bisnis.
Beban-beban sehubungan dengan pemeliharaan Expenses in relation with the maintenance of those
agunan yang diambil alih tersebut dibebankan pada foreclosed assets are charged to expense as
saat terjadinya. incurred.
v. Tagihan dan utang akseptasi v. Acceptance receivables and payables
Tagihan dan utang akseptasi setelah pengakuan Acceptance receivables and payables after initial
awal dicatat pada biaya perolehan diamortisasi. recognition are carried at amortized cost.
w. Simpanan nasabah dan simpanan dari bank lain w. Deposits from customers and deposits from
other banks
Simpanan nasabah dan simpanan dari bank lain Deposits from customers and deposits from other
pada awalnya diukur pada nilai wajar ditambah biaya banks are initially measured at fair value plus
transaksi yang dapat diatribusikan secara langsung directly attributable transaction costs and
dan setelah pengakuan awal diukur pada biaya subsequently measured at their amortized cost
perolehan diamortisasi dengan menggunakan using the effective interest rate method.
metode suku bunga efektif.
LAMPIRAN – 5/44 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 611
Page 614
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
x. Pendapatan dan beban bunga x. Interest income and expenses
Pendapatan dan beban bunga diakui dalam laporan Interest income and expenses are recognized in
laba rugi dengan menggunakan metode suku bunga profit or loss using the effective interest rate
efektif. Suku bunga efektif adalah tingkat suku bunga method. The effective interest rate is the rate that
yang secara tepat mendiskontokan estimasi exactly discounts the estimated future cash
pembayaran dan penerimaan kas di masa datang payments and receipts through the expected life of
selama perkiraan umur dari aset keuangan atau the financial asset or financial liability (or, where
liabilitas keuangan (atau, jika lebih tepat, digunakan appropriate, a shorter year) to the carrying amount
tahun yang lebih singkat) untuk memperoleh nilai of the financial asset or financial liability. When
tercatat dari aset keuangan atau liabilitas keuangan. calculating the effective interest, the Bank and
Pada saat menghitung suku bunga efektif, Bank dan Subsidiary estimate future cash flows considering
Entitas Anak mengestimasi arus kas di masa datang all contractual terms of the financial instrument but
dengan mempertimbangkan seluruh persyaratan not future credit losses.
kontraktual dalam instrumen keuangan tersebut,
tetapi tidak mempertimbangkan kerugian kredit
dimasa mendatang.
Saat estimasi arus kas telah direvisi, nilai tercatat Where the estimates of cash flows have been
atas aset atau liabilitas keuangan disesuaikan untuk revised, the carrying amount of the financial asset
merefleksikan arus kas yang aktual setelah or liability is adjusted to reflect the actual cash
restrukturisasi yang didiskontokan pada suku bunga flows after restructuring discounted at the
efektif awal. Penyesuaian ini diakui sebagai instruments original effective interest rate. The
pendapatan atau beban pada periode dilakukannya adjustment is recognized as income or expense in
revisi. the period in which the revision is made.
Pendapatan dan beban bunga yang disajikan di Interest income and expenses presented in profit
dalam laba rugi meliputi: or loss include:
• Bunga atas aset keuangan dan liabilitas • Interest on financial assets and financial
keuangan yang dicatat pada biaya perolehan liabilities at amortized cost calculated using
diamortisasi yang dihitung dengan effective interest rate method;
menggunakan metode suku bunga efektif;
• Bunga atas aset keuangan yang diukur pada nilai • Interest on fair value through other
wajar melalui penghasilan komprehensif lain comprehensive income financial assets
yang dihitung dengan menggunakan metode calculated using on the effective interest rate
suku bunga efektif; method;
• Bunga atas semua aset keuangan yang • Interest on all fair value through profit or loss
diklasifikasikan dalam kelompok diukur pada nilai financial assets. Interest income on all fair
wajar melalui laba rugi. Pendapatan bunga dari value through profit or loss financial assets are
semua aset keuangan yang diukur pada nilai considered to be incidental to the Bank’s
wajar melalui laba rugi dipandang tidak signifikan trading operations.
terhadap kegiatan perdagangan Bank.
Pendapatan bunga atas aset keuangan yang Interest on the impaired financial asset is
mengalami penurunan nilai diakui menggunakan suku recognized using the interest rate used to discount
bunga yang digunakan untuk mendiskonto arus kas the future cash flows for the purpose of measuring
masa datang dalam pengukuran kerugian penurunan the impairment loss.
nilai.
Pendapatan syariah terdiri dari pendapatan dari piutang Sharia income consists of income from murabahah
murabahah, bagi hasil pembiayaan musyarakah, receivables, profit distribution of musyarakah
pendapatan dari ijarah dan pendapatan atas investasi financing, income from ijarah and income on
pada efek-efek syariah berikut amortisasi beban terkait. investment in sharia securities including the
amortization of related costs.
LAMPIRAN – 5/45 – SCHEDULE
612 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 615
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
x. Pendapatan dan beban bunga (lanjutan) x. Interest income and expenses (continued)
Pada saat pinjaman yang diberikan diklasifikasikan When a loan is classified as non-performing, any
sebagai bermasalah, bunga yang telah diakui tetapi interest income previously recognized but not yet
belum tertagih akan dibatalkan pengakuannya. collected is reversed against interest income. The
Selanjutnya bunga yang dibatalkan tersebut diakui reversed interest income is recognized as a
sebagai tagihan kontinjensi. contingent receivable.
Pendapatan marjin murabahah diakui selama masa Murabahah margin income is recognized during
akad dengan dasar akrual. Pendapatan bagi hasil the contract period using accrual basis. Income
pembiayaan musyarakah diakui pada saat diterima from profit distribution of musyarakah financing is
atau dalam periode terjadinya hak bagi hasil sesuai recognized when received or in the period when the
porsi bagi hasil (nisbah) yang disepakati. rights arise in accordance with agreed distribution
ratio (nisbah).
Pendapatan ijarah dari akad IMBT diakui selama masa Ijarah income from IMBT agreement is recognized
akad secara merata sejak aset tersedia sampai akhir over the contract period in a straight-line method
akad. Pendapatan ijarah multijasa diakui dengan from the time the assets become available until the
metode akrual secara merata sejak nasabah menerima end of the contract. Multi-service ijarah income is
jasa dari penyedia jasa sampai akhir akad Bank dan recognized on accrual method in a straight-line
penyedia jasa berdasarkan penyelesaian jasa dari since the customer received the services from
penyedia jasa. service provider until contract end date between
the Bank and the service provider based on
completion of services from the service provider.
Beban syariah terdiri dari beban bagi hasil dari Sharia expense consists of expense for profit
simpanan nasabah dengan akad mudharabah dan distribution on customer deposits with mudharabah
bonus atas simpanan dengan akad wadiah. contract and bonus on customers deposits with
wadiah contract.
Pendapatan bunga atas aset keuangan baik yang Interest income for financial assets held at either
diukur dengan nilai wajar melalui penghasilan fair value through other comprehensive income or
komprehensif lain atau biaya perolehan diamortisasi amortized cost and interest expense on all financial
dan beban bunga atas seluruh liabilitas keuangan yang liabilities held at amortized cost are recognized in
diukur dengan biaya perolehan diamortisasi, diakui profit or loss using the effective interest method.
pada laba rugi berdasarkan suku bunga efektif.
Pendapatan bunga atas aset keuangan yang diukur Interest income for financial assets that are either
dengan nilai wajar melalui penghasilan komprehensif held at fair value through other comprehensive
lain atau biaya diamortisasi yang mengalami penurunan income or amortized cost that have become credit
nilai setelah pengakuan awal (Tahap 3) diakui impaired subsequent to initial recognition (Stage 3)
berdasarkan suku bunga efektif kredit yang is recognized using the credit adjusted effective
disesuaikan. Tingkat bunga ini dihitung dengan cara interest rate. This rate is calculated in the same
yang sama dalam perhitungan suku bunga efektif manner as the effective interest rate except that
kecuali bahwa cadangan kerugian kredit ekspektasian expected credit losses are included in the expected
dimasukkan dalam arus kas ekspektasian. Oleh cash flows. Interest income is therefore recognized
karenanya, pendapatan bunga diakui atas aset on the amortized cost of the financial asset
keuangan dalam klasifikasi biaya perolehan including expected credit losses. Should the credit
diamortisasi termasuk kerugian kredit ekspektasian. risk on a Stage 3 financial asset improve such that
Dalam kondisi risiko kredit atas aset keuangan Tahap 3 the financial asset is no longer considered credit
mengalami perbaikan sehingga aset keuangan tidak impaired, interest income recognition reverts to a
lagi dipertimbangkan mengalami penurunan nilai, computation based on the rehabilitated carrying
pengakuan pendapatan bunga dihitung berdasarkan value of the financial asset gross.
nilai tercatat bruto aset keuangan.
LAMPIRAN – 5/46 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 613
Page 616
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
y. Pendapatan dan beban provisi dan komisi dan y. Fees and commission income and expense and
imbalan jasa lain other fees
Pendapatan dan beban provisi dan komisi yang Fees and commission income and expenses that
merupakan bagian tak terpisahkan dari suku bunga are integral to the effective interest rate of a
efektif atas aset keuangan atau liabilitas keuangan financial asset or financial liability are included in
dimasukkan ke dalam perhitungan suku bunga the calculation of effective interest rate.
efektif.
Pendapatan provisi dan komisi serta imbalan jasa Fees and commission income and other fees,
lain termasuk provisi yang terkait dengan kegiatan including credit related fees, bancassurance
perkreditan, bancassurance, kegiatan ekspor-impor, related fees, export-import related fees, cash
manajemen kas, provisi sebagai pengatur sindikasi management, syndication lead arranger fees, and
dan provisi atas jasa lainnya diakui pada saat jasa other service fees are recognized as the related
tersebut dilakukan. services are performed.
Beban provisi dan komisi lainnya sehubungan Other fees and commission expense related
dengan transaksi antar Bank diakui sebagai beban interBank transactions are expensed as the
pada saat jasa tersebut diterima. services are received.
Apabila pinjaman diselesaikan sebelum jatuh tempo, The outstanding balances of unamortized fees and
maka saldo pendapatan provisi dan komisi yang commissions on loans terminated or settled prior to
belum diamortisasi diakui pada saat pinjaman maturity are recognized as income upon
diselesaikan. settlement.
z. Keuntungan atau kerugian dari perubahan nilai z. Gains or losses from changes in fair value of
wajar atas instrumen keuangan financial instruments
Keuntungan atau kerugian dari perubahan nilai wajar Gains or losses from changes in fair value of
instrumen keuangan merupakan perubahan nilai financial instruments represents changes in fair
wajar efek-efek dan Obligasi Pemerintah yang value of trading marketable securities and
diperdagangkan dan instrumen derivatif. Government Bonds and derivative instruments.
aa. Efek yang diterbitkan aa. Securities issued
Efek yang diterbitkan dicatat sebesar nilai nominal Securities issued are presented at nominal value,
dikurangi saldo diskonto yang belum diamortisasi. net of unamortized discounts. Bond issuance costs
Beban emisi obligasi sehubungan dengan in connection with the issuance of bonds are
penerbitan obligasi diakui sebagai diskonto dan recognized as discounts and directly deducted
dikurangkan langsung dari hasil emisi obligasi. from the proceeds of securities issued. The
Diskonto diamortisasi selama jangka waktu obligasi discounts are amortized over the period of the
tersebut dengan menggunakan metode suku bunga bonds using the effective interest rate method.
efektif.
ab. Sukuk mudharabah ab. Mudharabah bonds
Entitas Anak pada awalnya mengakui sukuk The Subsidiary initially recognizes mudharabah
mudharabah pada saat sukuk mudharabah bonds on the date of issuance of mudharabah
diterbitkan sebesar nominalnya. Setelah pengakuan bonds at nominal value. Subsequent to initial
awal, sukuk mudharabah dicatat pada biaya recognition, mudharabah bonds are measured at
perolehan. cost.
Biaya transaksi sehubungan dengan penerbitan Transaction costs related to the issuance of
sukuk mudharabah diakui secara terpisah dari sukuk mudharabah bonds are recognized separately
mudharabah. Biaya transaksi diamortisasi from mudharabah bonds. Transaction costs are
menggunakan metode garis lurus selama jangka amortized using straight-line method over the term
waktu sukuk mudharabah dan dicatat sebagai of mudharabah bonds and are recorded as part of
bagian dari beban keuangan. financing charges.
LAMPIRAN – 5/47 – SCHEDULE
614 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 617
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ab. Sukuk mudharabah (lanjutan) ab. Mudharabah bonds (continued)
Sukuk mudharabah disajikan sebagai bagian dari Mudharabah bonds are presented as a part of
liabilitas dan biaya transaksi sehubungan penerbitan liabilities and the transaction costs related to the
sukuk mudharabah disajikan dalam aset sebagai issuance of mudharabah bonds are presented in
biaya dibayar dimuka. assets as part of prepaid expenses.
ac. Perpajakan ac. Taxation
Beban pajak terdiri dari beban pajak kini dan beban Income tax expense comprises of current and
pajak tangguhan. Beban pajak diakui pada laba rugi deferred tax. Income tax expense is recognized in
kecuali untuk akun yang langsung diakui di profit or loss except to the extent it relates to
komponen ekuitas lainnya, dimana beban pajak accounts recognized directly in other equity
yang terkait dengan akun tersebut diakui di components, in which case it is recognized in other
penghasilan komprehensif lain. comprehensive income.
Beban pajak kini adalah utang pajak yang ditentukan Current tax expense is the expected tax payable
berdasarkan laba kena pajak untuk tahun yang on the taxable income for the year, calculated
bersangkutan yang dihitung berdasarkan tarif pajak using tax rates enacted or substantively enacted at
yang berlaku atau yang secara substansial telah the reporting date.
berlaku pada tanggal pelaporan.
Bank dan Entitas Anak menerapkan metode aset The Bank and Subsidiary adopt the asset and
dan liabilitas dalam menghitung beban pajaknya. liability method in determining their income tax
Dengan metode ini, aset dan liabilitas pajak expense. Under this method, deferred tax assets
tangguhan diakui pada setiap tanggal pelaporan and liabilities are recognized at each reporting date
sebesar perbedaan temporer aset dan liabilitas for temporary differences between the accounting
untuk tujuan akuntansi dan tujuan pajak. Metode ini and tax bases of assets and liabilities. This method
juga mengharuskan pengakuan manfaat pajak di also requires the recognition of future tax benefits,
masa akan datang, jika kemungkinan realisasi to the extent that realization of such benefits is
manfaat tersebut di masa mendatang cukup besar probable. Currently enacted or substantively
(probable). Tarif pajak yang berlaku atau yang enacted tax rates are used in the determination of
secara substansial telah berlaku digunakan dalam deferred income tax.
menentukan pajak penghasilan tangguhan.
Aset pajak tangguhan diakui apabila terdapat Deferred tax assets are recognized to the extent
kemungkinan besar bahwa jumlah laba fiskal pada that it is probable that future taxable profit will be
masa datang akan memadai untuk mengkompensasi available to compensate the temporary differences
perbedaan temporer yang menimbulkan aset pajak which result in such deferred tax assets.
tangguhan tersebut.
Aset dan liabilitas pajak penghasilan tangguhan Deferred income tax assets and liabilities are offset
dapat saling hapus apabila terdapat hak yang when there is a legally enforceable right to offset
berkekuatan hukum untuk melakukan saling hapus current tax assets against current tax liabilities and
antara aset pajak kini dengan liabilitas pajak kini dan when the deferred income tax assets and liabilities
apabila aset dan liabilitas tangguhan terkait pajak relate to income taxes levied by the same taxation
penghasilan yang dikenakan oleh otoritas authority on either the same taxable entity or
perpajakan yang sama, baik atas entitas kena pajak different taxable entities where there is an intention
yang sama ataupun berbeda dan adanya niat untuk to settle the balances on a net basis.
melakukan penyelesaian saldo-saldo tersebut
secara neto.
Perubahan terhadap kewajiban perpajakan dicatat Amendments to taxation obligations are recorded
pada saat diterimanya surat ketetapan, atau apabila when an assessment letter is received or, if appeal
dilakukan banding, atau ketika hasil banding is applied, or when the results of the appeal are
diterima. received.
LAMPIRAN – 5/48 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 615
Page 618
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ad. Imbalan kerja ad. Employee benefits
Imbalan kerja jangka pendek Short-term employees’ benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employees’ benefits are recognized
terutang kepada karyawan berdasarkan metode when they are owed to the employees based on
akrual. accrual method.
Imbalan kerja jangka panjang dan imbalan Long-term and post-employment benefits
pasca-kerja
Imbalan kerja jangka panjang dan imbalan pasca- Long-term and post-employment benefits, such as
kerja, seperti pensiun, uang pesangon, uang pension, severance pay, service pay and other
penghargaan dan imbalan lainnya, dihitung benefits, are calculated in accordance with
berdasarkan "Peraturan Perusahaan" yang sesuai “Company Regulation” which in accordance with
dengan Undang-undang No.11 tahun 2020 yang Labor Law No.11 of year 2020 which was then
kemudian ditetapkan menjadi Undang-undang No.6 established as Labor Law No.6 of year 2023 on Job
tahun 2023 Tentang Cipta Kerja (Undang Undang Creation (Job Creation Law).
Cipta Kerja).
Bank dan Entitas Anak menerapkan PSAK 219 The Bank and Subsidiary applies PSAK 219
(sebelumnya PSAK 24), Imbalan Kerja. (formerly PSAK 24), Employee Benefits.
Kewajiban imbalan pasca-kerja yang diakui di The obligation for post-employment benefits
laporan posisi keuangan dihitung berdasarkan nilai recognized in the statement of financial position is
kini dari estimasi kewajiban imbalan pasca-kerja di calculated at present value of estimated future
masa depan yang timbul dari jasa yang telah benefits that the employees have earned in return
diberikan oleh karyawan pada masa kini dan masa for their services in the current and prior years, less
lalu, dikurangi dengan nilai wajar aset program. fair value of plan asset. The calculation is
Perhitungan dilakukan oleh aktuaris performed by an independent actuary using the
independen dengan metode projected-unit-credit. projected-unit-credit method.
Ketika imbalan pasca-kerja berubah, porsi kenaikan When the post-employment benefits change, the
atau penurunan imbalan sehubungan dengan jasa portion of the increased or decreased benefits
yang telah diberikan oleh karyawan pada masa lalu relating to past services by employees is charged
dibebankan atau dikreditkan ke dalam laporan laba or credited to the statement of profit or loss. To the
rugi. Imbalan pasca-kerja yang telah dan belum extent that the benefits vest and not yet vest, the
menjadi hak karyawan diakui segera sebagai beban expense is recognized immediately in the
dalam laporan laba rugi. statement of profit or loss.
Pengukuran kembali terdiri dari keuntungan dan Remeasurement comprising actuarial gains and
kerugian aktuarial, dampak batas atas aset (jika ada) losses, the effect of the asset ceiling (if applicable)
dan dari imbal hasil atas aset program (tidak and the return on plan asset (excluding interest),
termasuk bunga), diakui langsung dalam laporan are recognized immediately in the consolidated
posisi keuangan konsolidasian yang dibebankan statement of financial position with a charge or
atau dikreditkan ke penghasilan komprehensif lain credit recognized in other comprehensive income
periode terjadinya. Pengukuran kembali diakui in the period in which they occur.
dalam penghasilan komprehensif lain tercermin Remeasurements recognized in other
segera dalam ”saldo laba”. comprehensive income are reflected immediately
in “retained earnings”.
LAMPIRAN – 5/49 – SCHEDULE
616 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 619
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ad. Imbalan kerja (lanjutan) ad. Employee benefits (continued)
Imbalan kerja jangka panjang dan imbalan Long-term and post-employment benefits
pasca-kerja (lanjutan) (continued)
Bank dan Entitas Anak telah memiliki program Bank and Subsidiary also has a defined
pensiun iuran pasti yang mana Bank dan Entitas contribution pension program where Bank and
Anak membayar iuran ke dana pensiun lembaga Subsidiary pays contributions to a financial
keuangan yang dihitung berdasarkan persentase institution pension plan which is calculated at a
tertentu dari penghasilan tetap yang diterima certain percentage of fixed income of employees
karyawan yang sudah memenuhi kriteria yang who meet Bank and Subsidiary’ criteria. The
ditetapkan Bank dan Entitas Anak. Iuran dibebankan contributions are charged to the statement of profit
ke dalam laporan laba rugi pada saat terhutang. or loss as they become payable.
Imbalan kerja jangka panjang lainnya Other long-term employment benefits
Entitas Anak memberikan imbalan kerja jangka Subsidiary provides other long-term employment
panjang lainnya berupa tunjangan cuti besar yang benefits in the form of long service leave award
ditentukan sesuai dengan Peraturan Entitas Anak. which is determined in compliance with the
Perkiraan beban imbalan ini dihitung dan diakui Subsidiary’ Regulation. The expected costs of
sepanjang masa kerja karyawan dengan these benefits are calculated and recognized over
menggunakan metode yang diterapkan dalam the year of employment, using a method which is
menghitung kewajiban imbalan pasca-kerja. applied in calculating obligation for post-
Kewajiban ini dihitung minimum satu tahun sekali employment benefits. These obligations are
oleh aktuaris independen. Imbalan kerja jangka calculated minimum once a year by an
panjang lainnya yang telah menjadi hak karyawan independent actuary. Other long term employment
diakui segera sebagai beban dalam laporan laba benefits that are vested, are recognized as
rugi. expense immediately in the statement of profit or
loss.
Pesangon Termination benefits
Pesangon terutang ketika karyawan dihentikan kontrak Termination benefits are payable whenever an
kerjanya sebelum usia pensiun normal. Bank dan employee’s employment is terminated before the
Entitas Anak mengakui kewajiban pesangon ketika normal retirement age. The Bank and Subsidiary
Bank dan Entitas Anak menunjukkan komitmennya recognize termination benefits liability when it is
untuk memutuskan kontrak kerja dengan karyawan demonstrably committed to terminate the
berdasarkan suatu rencana formal terperinci yang kecil employment of current employees according to a
kemungkinannya untuk dibatalkan. Pesangon yang detailed formal plan and the possibility to withdraw the
akan dibayarkan dalam waktu lebih dari 12 bulan plan is remote. Benefits falling due more than 12
setelah tanggal pelaporan didiskontokan untuk months after the reporting date are discounted at
mencerminkan nilai kini. present value.
Program kompensasi jangka panjang Long-term compensation program
Bank dan Entitas Anak memberikan program The Bank and Subsidiary provide long-term
kompensasi jangka panjang kepada Direksi dan compensation program to the Bank’s and Subsidiary’
karyawan Bank dan Entitas Anak yang memenuhi Board of Directors and eligible employees. The
persyaratan. Program ini diberikan berdasarkan program is granted based on achievement of certain
pencapaian target tertentu perusahaan dan peringkat corporate measurements and individual performance
kerja perorangan. Beban kompensasi dihitung rating. The compensation expense is calculated
berdasarkan nilai uang yang dikeluarkan Bank dan based on the amount of money paid by the Bank and
Entitas Anak dan diamortisasi selama masa tunggu. Subsidiary and is amortized during the holding period.
LAMPIRAN – 5/50 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 617
Page 620
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
ae. Laba bersih per saham ae. Earnings per share
Laba bersih per saham dasar dihitung dengan membagi Basic earnings per share are computed by dividing
laba bersih yang diatribusikan kepada pemilik entitas net income attributable to equity holders of parent
induk dengan rata-rata tertimbang jumlah saham yang entity with the weighted average number of shares
beredar pada tahun berjalan. outstanding during the year.
af. Beban emisi saham af. Shares issuance cost
Beban yang terjadi sehubungan dengan Penawaran Cost incurred in relation with Limited Public Offering
Umum Terbatas dengan Hak Memesan Efek Terlebih with Pre-emptive Rights (Rights Issue) is recorded as
Dahulu (Rights Issue), dicatat sebagai pengurang deduction from the additional paid-up capital which
tambahan modal disetor, yang merupakan selisih represents the excess of funds received from the
antara nilai yang diterima dari pemegang saham shareholders over the par value of shares.
dengan nilai nominal saham.
ag. Dividen ag. Dividend
Pembagian dividen kepada para pemegang saham Dividend distribution to the Bank’s shareholders is
Bank diakui sebagai sebuah liabilitas dalam laporan recognized as a liability in the Bank and Subsidiary’
keuangan konsolidasian Bank dan Entitas Anak pada consolidated financial statements in the year in which
tahun ketika dividen tersebut disetujui oleh para the dividends are approved by the Bank’s and
pemegang saham Bank dan Entitas Anak. Subsidiary’ shareholders.
ah. Transaksi dengan pihak yang berelasi ah. Transactions with related parties
Bank dan Entitas Anak melakukan transaksi dengan The Bank and Subsidiary enter into transactions with
pihak yang berelasi. Dalam laporan keuangan related parties. In these consolidated financial
konsolidasian ini, istilah pihak yang berelasi mengacu statements, the term related parties are used as
pada ketentuan PSAK 224 (sebelumnya PSAK 7), defined in the PSAK 224 (formerly PSAK 7), “Related
“Pengungkapan Pihak-Pihak yang Berelasi”. Party Disclosures”.
Jenis transaksi dan saldo dengan pihak-pihak The nature of transactions and balances of accounts
berelasi, yang dilakukan berdasarkan persyaratan with related parties, which are made based on
usaha pada umumnya, yang disetujui oleh kedua commercial terms agreed by the parties, whereby
belah pihak, dimana persyaratan tersebut mungkin such terms may not be the same as those of the
tidak sama dengan transaksi lain yang dilakukan transactions between unrelated parties, are disclosed
dengan pihak-pihak yang tidak berelasi, diungkapkan in the notes to the consolidated financial statements.
dalam catatan atas laporan keuangan konsolidasian.
ai. Pinjaman subordinasi ai. Subordinated loan
Pinjaman subordinasi diakui sebesar nilai wajar pada Subordinated loan are initially recognized at fair value
awalnya dan selanjutnya diukur sebesar nilai biaya and subsequently measured at amortized cost using
perolehan diamortisasi dengan menggunakan metode the effective interest rate method. Amortized cost is
suku bunga efektif. Biaya perolehan diamortisasi calculated by taking into account any discount or
dihitung dengan memperhitungkan adanya diskonto premium on subordinated loan and transaction costs
atau premi terkait dengan pengakuan awal pinjaman that are an integral part of the effective interest rate.
subordinasi dan biaya transaksi yang merupakan
bagian yang tidak terpisahkan dari suku bunga efektif.
LAMPIRAN – 5/51 – SCHEDULE
618 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 621
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
2. IKHTISAR KEBIJAKAN AKUNTANSI YANG MATERIAL 2. SUMMARY OF MATERIAL ACCOUNTING POLICIES
(lanjutan) (continued)
aj. Segmen operasi aj. Operating segments
Segmen operasi adalah komponen dari Bank yang An operating segment is a component of the Bank that
terlibat dalam aktivitas bisnis yang menghasilkan engages in business activities from which it may earn
pendapatan dan menimbulkan beban, termasuk revenues and incur expenses, including revenues and
pendapatan dan beban yang terkait dengan transaksi expenses that relate to transactions with any of the
dengan komponen lain Bank, dimana hasil operasinya Bank’s other components, whose operating results
dikaji ulang secara berkala oleh pengambil keputusan are reviewed regularly by the chief operating decision-
operasional untuk membuat keputusan mengenai maker to make decisions about resources allocated to
sumber daya yang akan dialokasikan pada segmen the segment and assess its performance and for
tersebut dan menilai kinerjanya, serta tersedia informasi which discrete financial information is available.
keuangan yang dapat dipisahkan. Hasil segmen yang Segment results that are reported to the chief
dilaporkan kepada pengambil keputusan operasional operating decision-maker include items directly
meliputi komponen-komponen yang dapat diatribusikan attributable to a segment, as well as those that can be
secara langsung kepada suatu segmen dan komponen- allocated on a reasonable basis. Unallocated items
komponen yang dapat dialokasikan dengan dasar yang mainly comprise of income tax assets and liabilities,
wajar. Komponen yang tidak dapat dialokasikan including current and deferred taxes and fixed assets.
terutama terdiri dari aset dan liabilitas pajak
penghasilan, termasuk pajak kini dan pajak tangguhan
serta aset tetap.
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF ESTIMATES AND JUDGEMENTS
a. Sumber utama atas ketidakpastian estimasi a. Key sources of estimation uncertainty
a.1. Cadangan kerugian kredit ekspektasian a.1. Allowances for expected credit losses
Evaluasi atas kerugian penurunan nilai Financial assets accounted for at amortized cost
dilakukan atas aset keuangan yang dicatat and debt securities classified as measured at
pada biaya perolehan diamortisasi dan efek fair value through other comprehensive income
utang yang diklasifikasikan sebagai diukur are evaluated for impairment.
pada nilai wajar melalui penghasilan
komprehensif lain.
Cadangan kerugian penurunan nilai terkait The specific counterparty component of the total
dengan pihak lawan spesifik dalam seluruh allowances for impairment applies to claims
cadangan kerugian penurunan nilai dibentuk evaluated individually for impairment and is
atas tagihan yang penurunan nilainya based upon management’s best estimate of the
dievaluasi secara individual berdasarkan present value of the cash flows that are
estimasi terbaik manajemen atas nilai tunai expected to be received. In calculating
arus kas yang diharapkan akan diterima. allowance for impairment losses, management
Dalam menghitung cadangan kerugian makes judgements about the counterparty’s
penurunan nilai, manajemen membuat financial situation and the net realizable value of
pertimbangan mengenai kondisi keuangan dari any underlying collateral. Each impaired asset is
pihak lawan dan nilai neto yang dapat assessed on its merits, and the workout strategy
direalisasi dari agunan yang diterima. Setiap and estimated cash flows considered
aset yang mengalami penurunan nilai recoverable are independently approved by the
dievaluasi, dan strategi penyelesaiannya serta credit risk unit.
estimasi arus kas yang dinilai dapat diperoleh
kembali disetujui secara independen oleh
bagian risiko kredit.
Selain itu, dalam perhitungan cadangan In addition, in the calculation of allowance for
kerugian penurunan nilai yang dievaluasi impairment losses that evaluated collectively,
secara kolektif, estimasi signifikan dibutuhkan significant estimates are required in determining
dalam penentuan kriteria kenaikan signifikan the criteria for significant increase in credit risk,
pada risiko kredit, pemilihan asumsi model dan selection of the model assumptions and
parameter masa depan. forward-looking parameters.
Informasi mengenai pertimbangan dan Information regarding the judgments and
estimasi yang dibuat oleh Bank diungkapkan di estimates made by the Bank are disclosed in
Catatan 50b. Note 50b.
LAMPIRAN – 5/52 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 619
Page 622
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF ESTIMATES AND JUDGEMENTS
(lanjutan) (continued)
a. Sumber utama atas ketidakpastian estimasi a. Key sources of estimation uncertainty
(lanjutan) (continued)
a.2. Cadangan kerugian penurunan nilai aset yang a.2. Allowances for impairment losses of non-
bukan aset keuangan financial assets
Penurunan nilai muncul saat nilai tercatat aset An impairment exists when the carrying value
atau Unit Penghasil Kas (“UPK”) melebihi nilai of an asset or Cash Generating Unit (“CGU”)
terpulihnya, yaitu yang lebih besar antara nilai exceeds its recoverable amount, which is the
wajar dikurangi biaya untuk menjual dan nilai higher of its fair value less costs to sell and its
pakainya. Nilai wajar dikurangi biaya untuk value in use. The fair value less costs to sell
menjual didasarkan pada ketersediaan data calculation is based on available data from
dari perjanjian penjualan yang mengikat yang binding sales transactions in an arm’s length
dibuat dalam transaksi normal atas aset serupa transaction of similar assets or observable
atau harga pasar yang dapat diamati dikurangi market prices less incremental costs for
dengan biaya tambahan yang dapat disposing the asset.
diatribusikan dengan pelepasan aset.
a.3. Penentuan nilai wajar a.3. Determining fair values
Dalam menentukan nilai wajar atas aset In determining the fair value of financial
keuangan dan liabilitas keuangan dimana tidak assets and financial liabilities for which there
terdapat harga pasar yang dapat diobservasi, is no observable market price, the Bank and
Bank dan Entitas Anak menggunakan teknik Subsidiary use the valuation techniques. For
penilaian. Untuk instrumen keuangan yang financial instruments that are traded
jarang diperdagangkan dan tidak memiliki infrequently and have less price
harga yang transparan, nilai wajarnya menjadi transparency, fair value is less objective, and
kurang obyektif dan karenanya, membutuhkan requires varying degrees of judgement
tingkat pertimbangan yang beragam, depending on liquidity, concentration,
tergantung pada likuiditas, konsentrasi, uncertainty of market factors, pricing
ketidakpastian faktor pasar, asumsi penentuan assumptions, and other risks affecting the
harga, dan risiko lainnya yang mempengaruhi specific instrument.
instrumen tertentu.
a.4. Pensiun a.4. Pension
Kewajiban liabilitas imbalan pasca-kerja Obligations for post-employment benefit are
ditentukan berdasarkan perhitungan aktuarial. determined based on actuarial valuation. The
Perhitungan aktuarial menggunakan asumsi- actuarial valuation involves assumptions such
asumsi seperti tingkat diskonto, tingkat as discount rate, salary increase rate,
kenaikan penghasilan, tingkat kematian, tingkat mortality rate, resignation rate, and others.
pengunduran diri, dan lain-lain.
b. Pertimbangan akuntansi yang penting dalam b. Critical accounting judgements in applying the
menerapkan kebijakan akuntansi Bank dan Entitas Bank and Subsidiary’ accounting policies
Anak
Pertimbangan akuntansi yang penting dalam Critical accounting judgements made in applying the
menerapkan kebijakan akuntansi Bank dan Entitas Bank and Subsidiary’ accounting policies include:
Anak meliputi:
Penilaian instrumen keuangan Valuation of financial instruments
Bank dan Entitas Anak mengukur nilai wajar dengan The Bank and Subsidiary measure fair values using
menggunakan hierarki dari metode berikut: the following hierarchy of methods:
• Harga kuotasi di pasar aktif untuk instrumen • Quoted market price in an active market for an
keuangan yang identik. identical instrument.
LAMPIRAN – 5/53 – SCHEDULE
620 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 623
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF ESTIMATES AND JUDGEMENTS
(lanjutan) (continued)
b. Pertimbangan akuntansi yang penting dalam b. Critical accounting judgements in applying the
menerapkan kebijakan akuntansi Bank dan Entitas Bank and Subsidiary’s accounting policies
Anak (lanjutan) (continued)
• Teknik penilaian berdasarkan input yang dapat • Valuation techniques based on observable
diobservasi. Termasuk dalam kategori ini adalah inputs. This category includes instruments valued
instrumen keuangan yang dinilai dengan using quoted market prices in active markets for
menggunakan harga kuotasi di pasar aktif untuk similar instruments; quoted prices for similar
instrumen yang sejenis; harga kuotasi untuk instruments in markets that are considered less
instrumen keuangan yang sejenis di pasar yang than active; or other valuation techniques where
kurang aktif; atau teknik penilaian lainnya dimana all significant inputs are directly or indirectly
seluruh input signifikan yang digunakan dapat observable from market data.
diobservasi secara langsung ataupun tidak
langsung dari data yang tersedia di pasar.
Nilai wajar dari aset keuangan dan liabilitas keuangan Fair values of financial assets and financial liabilities
yang diperdagangkan di pasar aktif didasarkan pada that are traded in active markets are based on quoted
kuotasi harga pasar atau kuotasi dari harga dealer. market prices or dealer price quotations. For all other
Untuk seluruh instrumen keuangan lainnya, Bank dan financial instruments, the Bank and Subsidiary
Entitas Anak menentukan nilai wajar dengan determine fair values using valuation techniques.
menggunakan teknik penilaian. Teknik penilaian Valuation techniques include net present value and
termasuk model nilai tunai dan arus kas yang discounted cash flow models, and comparison to
didiskontokan, dan perbandingan dengan instrumen similar instruments for which market observable
yang sejenis dimana terdapat harga pasar yang dapat prices exist. Assumptions and inputs used in
diobservasi. Asumsi dan input yang digunakan dalam valuation techniques include risk-free and benchmark
teknik penilaian termasuk suku bunga bebas risiko (risk- interest rates, credit spreads and other variable used
free) dan suku bunga acuan, credit spread dan variabel in estimating discount rates, bond prices, foreign
lainnya yang digunakan dalam mengestimasi tingkat currency exchange rates, and expected price
diskonto, harga obligasi, kurs mata uang asing, serta volatilities and correlations.
tingkat kerentanan dan korelasi harga yang diharapkan.
Tujuan dari teknik penilaian adalah penentuan nilai The objective of valuation techniques is to arrive at a
wajar yang mencerminkan harga dari instrumen fair value determination that reflects the price of the
keuangan pada tanggal pelaporan yang akan financial instrument at the reporting date that would
ditentukan oleh para pelaku di pasar dalam suatu have been determined by market participants acting
transaksi yang wajar. at arm’s length.
4. KAS 4. CASH
2024 2023
Rupiah 2.302.657 2.209.048 Rupiah
Mata uang asing (Catatan 53) 165.049 153.173 Foreign currencies (Note 53)
2.467.706 2.362.221
Saldo dalam mata uang Rupiah termasuk uang pada mesin The Rupiah balance includes cash in ATMs (Automated
ATM (Anjungan Tunai Mandiri) sejumlah Rp303.596 pada Teller Machines) amounted to Rp303,596 as of
tanggal 31 Desember 2024 (2023: Rp478.174). 31 December 2024 (2023: Rp478,174).
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
2024 2023
Rupiah 5.492.240 4.186.704 Rupiah
Mata uang asing (Catatan 53) 889.835 847.891 Foreign currencies (Note 53)
6.382.075 5.034.595
LAMPIRAN – 5/54 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 621
Page 624
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
5. GIRO PADA BANK INDONESIA (lanjutan) 5. CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Pemenuhan Giro Wajib Minimum (GWM) Bank sesuai Fulfillment of Bank’s Statutory Reserve Requirement
dengan Peraturan Bank Indonesia dan Peraturan Anggota (GWM) Bank in accordance with Bank Indonesia (BI)
Dewan Gubernur (PADG) diungkapkan pada Catatan 61a. Regulation and Regulation of Members of The Board
of Governors (PADG) are disclosed in Note 61a.
6. GIRO PADA BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan mata uang a. By currency
2024 2023
Rupiah 570.215 813.471 Rupiah
Mata uang asing (Catatan 53) 1.100.377 1.320.815 Foreign currencies (Note 53)
1.670.592 2.134.286
Dikurangi: Less:
Kerugian kredit ekspektasian (116) (155) Expected credit losses
1.670.476 2.134.131
Suku bunga efektif rata-rata tertimbang per tahun The weighted average effective interest rate per
untuk tahun yang berakhir pada tanggal 31 Desember annum for the years ended 31 December 2024
2024 adalah 0,05% untuk Rupiah dan 1,28% untuk was 0.05% for Rupiah and 1.28% for foreign
mata uang asing (2023: 0,03% dan 1,63%). currencies (2023: 0.03% and 1.63%).
b. Berdasarkan kolektibilitas OJK b. By OJK collectibility
Kolektibilitas giro pada bank lain sesuai peraturan OJK Collectibility of current accounts with other banks in
diungkapkan pada Catatan 61b. accordance with OJK regulation are disclosed in
Note 61b.
c. Perubahan kerugian kredit ekspektasian c. Movements of expected credit losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 155 - - 155 Beginning balance
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (32) - - (32) remeasurement
Perubahan model atau Change in model or
parameter (5) - - (5) parameter
Aset keuangan yang
baru diperoleh 1 - - 1 New financial assets
Selisih kurs (3) - - (3) Exchange rate difference
Saldo Akhir 116 - - 116 Ending Balance
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 233 - - 233 Beginning balance
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (130) - - (130) remeasurement
Perubahan model atau Change in model or
parameter 18 - - 18 parameter
Selisih kurs 34 - - 34 Exchange rate difference
Saldo Akhir 155 - - 155 Ending Balance
Manajemen berpendapat bahwa jumlah kerugian Management believes that the expected credit losses
kredit ekspektasian atas giro pada bank lain telah on current accounts with other banks is adequate.
memadai.
LAMPIRAN – 5/55 – SCHEDULE
622 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 625
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENTS WITH OTHER BANKS AND BANK
INDONESIA INDONESIA
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
Penempatan pada Bank Indonesia Placements with Bank Indonesia
- Fasilitas simpanan Deposit facility of -
Bank Indonesia (FASBI) 889.870 4.699.315 Bank Indonesia (FASBI)
- Fasilitas simpanan Bank Sharia Deposit facility of Bank -
Indonesia Syariah (FASBIS) 2.481.000 1.176.000 Indonesia (FASBIS)
3.370.870 5.875.315
Jumlah Rupiah 3.370.870 5.875.315 Total Rupiah
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
Penempatan pada Bank Indonesia Placements with Bank Indonesia
- Deposito berjangka Bank Indonesia 1.046.175 3.156.385 Time deposit of Bank Indonesia -
Jumlah mata uang asing 1.046.175 3.156.385 Total foreign currency
Jumlah penempatan pada bank lain dan Total placements with other banks and
Bank Indonesia 4.417.045 9.031.700 Bank Indonesia
Dikurangi: Less:
Kerugian kredit ekspektasian - - Expected credit losses
Jumlah penempatan pada bank lain dan Total placements with other banks and
Bank Indonesia - neto 4.417.045 9.031.700 Bank Indonesia - net
Suku bunga efektif rata-rata tertimbang per tahun The weighted average effective interest rate per
untuk tahun yang berakhir pada tanggal annum for the year ended 31 December 2024 was
31 Desember 2024 adalah 5,87% untuk Rupiah dan 5.87% for Rupiah and 5.20% for foreign currencies
5,20% untuk mata uang asing (2023: 5,39% dan (2023: 5.39% and 4.91%).
4,91%).
b. Berdasarkan kolektibilitas OJK b. By OJK collectibility
Kolektibilitas penempatan pada bank lain dan Bank Collectibility of placements with other banks and
Indonesia sesuai peraturan OJK diungkapkan pada Bank Indonesia in accordance with OJK regulation
Catatan 61c. are disclosed in Note 61c.
c. Perubahan kerugian kredit ekspektasian c. Movements of expected credit losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal - - - - Beginning balance
Aset keuangan yang
baru diperoleh 378 - - 378 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (378) - - (378) and remeasurement
Saldo Akhir - - - - Ending Balance
LAMPIRAN – 5/56 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 623
Page 626
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
7. PENEMPATAN PADA BANK LAIN DAN BANK 7. PLACEMENTS WITH OTHER BANKS AND BANK
INDONESIA (lanjutan) INDONESIA (continued)
c. Perubahan kerugian kredit ekspektasian c. Movements of expected credit losses
(lanjutan) (continued)
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal - - - - Beginning balance
Aset keuangan yang
baru diperoleh 417 - - 417 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (417) - - (417) and remeasurement
Saldo Akhir - - - - Ending Balance
Manajemen berpendapat bahwa jumlah kerugian kredit Management believes that the expected credit losses
ekspektasian atas penempatan pada bank lain telah on placements with other banks is adequate.
memadai.
8. EFEK-EFEK 8. MARKETABLE SECURITIES
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Nilai Nilai Nilai Nilai
nominal/ tercatat/ nominal/ tercatat/
Nominal Carrying Nominal Carrying
value value value value
Biaya perolehan diamortisasi
(harga perolehan, setelah Amortized cost
dikurangi premi/diskonto (cost, net of unamortized
yang belum diamortisasi): premium/discount):
Rupiah Rupiah
- Surat berharga lainnya 2.465.270 2.465.270 1.349.218 1.349.218 Other marketable securities -
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- Surat berharga lainnya 5.096 5.096 49.915 49.915 Other marketable securities -
Jumlah biaya perolehan diamortisasi 2.470.366 2.470.366 1.399.133 1.399.133 Total amortized cost
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain: comprehensive income:
Rupiah Rupiah
- Sekuritas Rupiah Bank Indonesia 6.403.664 6.253.505 350.000 333.053 Bank Indonesia Rupiah Securities -
- Obligasi 1.396.000 1.390.670 1.170.000 1.167.568 Bonds -
7.799.664 7.644.175 1.520.000 1.500.621
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
Bank Indonesia Foreign Currency
- Sekuritas Valas Bank Indonesia 160.950 160.150 - - Securities -
- Obligasi 87.718 82.806 408.021 401.289 Bonds -
248.668 242.956 408.021 401.289
Jumlah nilai wajar melalui Total fair value through
penghasilan komprehensif lain 8.048.332 7.887.131 1.928.021 1.901.910 other comprehensive income
Nilai wajar melalui laba rugi: Fair value through Profit or Loss:
Rupiah Rupiah
- Sekuritas Rupiah Bank Indonesia 2.624.367 2.512.804 291.977 282.472 Bank Indonesia Rupiah Securities -
- Obligasi - - 1.000 1.010 Bonds -
2.624.367 2.512.804 292.977 283.482
LAMPIRAN – 5/57 – SCHEDULE
624 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 627
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan jenis dan mata uang (lanjutan) a. By type and currency (continued)
2024 2023
Nilai Nilai Nilai Nilai
nominal/ tercatat/ nominal/ tercatat/
Nominal Carrying Nominal Carrying
value value value value
Fair value through Profit or Loss:
Nilai wajar melalui laba rugi: (lanjutan) (continued)
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- MUFG Innovation Partners MUFG Innovation Partners -
Garuda No.1 Investment Limited Garuda No.1 Investment Limited
Partnership 47.156 48.285 30.631 30.794 Partnership
Jumlah nilai wajar melalui laba rugi 2.671.523 2.561.089 323.608 314.276 Total fair value through profit or loss
Jumlah efek-efek 13.190.221 12.918.586 3.650.762 3.615.319 Total marketable securities
Dikurangi: Less:
Kerugian kredit ekspektasian (225.130) (354.649) Expected credit losses
Jumlah efek-efek-neto 12.693.456 3.260.670 Total marketable securities-net
Wesel ekspor tidak terdaftar di bursa efek. The export bills are not listed at a stock exchange.
Selama tahun yang berakhir pada tanggal During the year ended 31 December 2024, unrealized
31 Desember 2024, keuntungan neto yang belum net gains arising from changes in fair value of
direalisasi atas perubahan nilai wajar efek-efek marketable securities classified as trading securities
dalam klasifikasi diperdagangkan diakui pada are recorded in profit or loss amounted to Rp15,290
laporan laba rugi sebesar Rp15.290 (2023: (2023: net gains amounted to Rp61).
keuntungan neto sebesar Rp61).
Bank dan Entitas Anak mengakui keuntungan neto The Bank and Subsidiary recognized net gains from
atas penjualan efek-efek sejumlah Rp61.785 untuk the sale of marketable securities amounted to
tahun yang berakhir pada tanggal 31 Desember Rp61,785 for the year ended 31 December 2024
2024 (2023: keuntungan neto sejumlah Rp2.465). (2023: net gains amounted to Rp2,465).
Mutasi nilai tercatat bruto efek-efek selama tahun Movement of gross carrying amount during the year
berjalan sebagian besar dari asset keuangan yang were mostly from new financial assets acquired.
baru diperoleh.
b. Berdasarkan penerbit b. By issuer
2024 2023
Bank Indonesia 8.926.459 615.525 Bank Indonesia
Korporasi 3.888.681 2.388.224 Corporates
Bank lain 103.446 611.570 Other Banks
12.918.586 3.615.319
Dikurangi: Less:
Kerugian kredit ekspektasian (225.130) (354.649) Expected credit losses
12.693.456 3.260.670
c. Berdasarkan kolektibilitas OJK c. By OJK collectibility
Kolektibilitas efek-efek sesuai peraturan OJK Collectibility of marketable securities in
diungkapkan pada Catatan 61d. accordance with OJK regulation are disclosed in
Note 61d.
LAMPIRAN – 5/58 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 625
Page 628
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
\ 8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
d. Berdasarkan peringkat d. By rating
Nilai Tercatat/Nilai
Wajar/
Peringkat/ Carrying Value/Fair
Rating Value
Pemeringkat/
Rated by 2024 2023 2024 2023
Biaya perolehan diamortisasi/Amortized cost
Rupiah/Rupiah
Tidak Tidak
Diperingkat/ Diperingkat/
Wesel SKBDN/SKBDN Bills N/A Not rated Not rated 18.502 21.603
Tidak Tidak
Diperingkat/ Diperingkat/
Wesel lainnya/Other Bills N/A Not rated Not rated 2.446.768 1.327.615
2.465.270 1.349.218
Mata Uang Asing/Foreign Currency
Tidak Tidak
Diperingkat/ Diperingkat/
Wesel SKBDN/SKBDN Bills N/A Not rated Not rated 5.096 49.915
Jumlah biaya perolehan diamortisasi/Total amortized cost 2.470.366 1.399.133
Nilai wajar melalui penghasilan komprehensif lain/
Fair value through other comprehensive income:
Rupiah/Rupiah
Sekuritas Rupiah Bank Indonesia - - - 6.253.505 333.053
Obligasi II Merdeka Battery Materials Tahun 2024 Seri B Pefindo idA - 250.058 -
Obligasi Berkelanjutan IV Sarana Multi Infrastruktur Tahap II Tahun 2024 Seri C Pefindo idAAA - 146.897 -
Obligasi Berkelanjutan I JACCS MPM Finance Indonesia Tahap I Tahun 2022
Seri B Fitch AA(idn) AA(idn) 100.015 99.826
Obligasi Berkelanjutan V Astra Sedaya Finance Tahap IV Tahun 2022 Seri B Pefindo idAAA idAAA 99.735 98.925
Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap III Tahun 2023 Seri C Pefindo idAAA idAAA 89.137 91.966
Obligasi Berkelanjutan II Protelindo Tahap II Tahun 2021 Seri B Fitch AAA(idn) AAA(idn) - 78.789
Obligasi Berkelanjutan IV Chandra Asri Petrochemical Tahap IV Tahun 2024
Seri B Pefindo idAA- - 73.148 -
Obligasi Berkelanjutan II Bussan Auto Finance Tahap II Tahun 2022 Seri B Fitch AAA(idn) AAA(idn) 70.405 70.788
Obligasi Berkelanjutan II XL Axiata Tahap I Tahun 2022 Seri A Fitch AAA(idn) AAA(idn) 69.866 69.893
Obligasi Berkelanjutan V Federal International Finance Tahap V Tahun 2023
Seri B Fitch AAA(idn) AAA(idn) 69.741 70.721
Obligasi I KB Finansia Multi Finance Tahun 2022 Seri B Fitch AAA(idn) - 50.106 -
Obligasi Berkelanjutan III Bank BRI Tahap I Tahun 2019 Seri C Pefindo idAAA idAAA - 57.386
Obligasi Berwawasan Sosial Berkelanjutan I Sarana Multigriya Finansial Tahap III
Tahun 2024 Pefindo idAAA - 49.371 -
Obligasi Berkelanjutan I Oto Multiartha Tahap II Tahun 2024 Seri C Pefindo idAAA - 49.296 -
Obligasi Berwawasan Sosial Berkelanjutan I Sarana Multigriya Finansial Tahap I
Tahun 2023 Pefindo idAAA idAAA 45.232 46.058
Obligasi Berwawasan Lingkungan (Green Bond) I PT Bank Negara Indonesia
(Persero) Tbk Tahun 2022 Seri A Pefindo idAAA idAAA 44.868 44.613
Obligasi Berkelanjutan IV SANF Dengan Tingkat Bunga Tetap Tahap II Tahun
2023 Seri C Pefindo idAA idAA 44.287 43.842
Obligasi Berkelanjutan IV Bank Panin Tahap II Tahun 2024 Pefindo idAA - 34.980 -
Obligasi Berkelanjutan V Astra Sedaya Finance Tahap III Tahun 2021 Seri B Pefindo idAAA idAAA - 43.440
Obligasi Berkelanjutan V Mandiri Tunas Finance Tahap III Tahun 2022 Seri A Pefindo idAAA idAAA 29.958 29.723
Obligasi II KB Finansia Multi Finance Tahun 2023 Seri B Fitch AAA(idn) AAA(idn) 20.035 20.123
Obligasi Berkelanjutan II Indonesia Infrastructure Finance Tahap I Tahun 2023
Seri C Pefindo idAAA idAAA 19.598 20.025
Obligasi Berkelanjutan IV Indomobil Finance Dengan Tingkat Bunga Tetap Tahap
III Tahun 2022 Seri B Pefindo idAA- idA+ 18.962 18.590
Obligasi Berkelanjutan III Toyota Astra Financial Services Tahap II Tahun 2022
Seri B Fitch AAA(idn) AAA(idn) 14.975 14.794
Obligasi Berkelanjutan I Bank Mandiri Taspen Tahap I Tahun 2019 Seri B Fitch - AA(idn) - 20.145
Obligasi Berkelanjutan V Federal International Finance Tahap II Tahun 2021 Seri B Fitch - AAA(idn) - 14.795
Obligasi Berkelanjutan I Bussan Auto Finance Tahap III Tahun 2021 Seri B Fitch - AAA(idn) - 128.977
Obligasi Berkelanjutan II Bank Maybank Indonesia Tahap I Tahun 2017 Seri B Pefindo - idAAA - 30.250
Obligasi Berkelanjutan III Bank UOB Indonesia Tahap I Tahun 2021 Fitch - AAA(idn) - 14.876
Obligasi Berkelanjutan I Bank Mandiri Taspen Tahap II Tahun 2021 Seri A Fitch - AA(idn) - 11.975
Obligasi Berkelanjutan III Chandra Asri Petrochemical Tahan III Tahun 2021 Seri A Pefindo - idAA- - 27.048
7.644.175 1.500.621
LAMPIRAN – 5/59 – SCHEDULE
626 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 629
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
\ 8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
d. Berdasarkan peringkat (lanjutan) d. By rating (continued)
Nilai Tercatat/Nilai
Wajar/
Peringkat/ Carrying Value/Fair
Rating Value
Pemeringkat/
Rated by 2024 2023 2024 2023
Nilai wajar melalui penghasilan komprehensif lain (lanjutan)/
Fair value through other comprehensive income (continued):
Mata Uang Asing/Foreign Currencies
Sekuritas Valas Bank Indonesia - - - 160.150 -
PT Indonesia Infrastruktur Finance Fitch BBB BBB 45.405 41.492
Obligasi Berkelanjutan Sarana Multi Infrastruktur Fitch BBB - 37.401 -
Obligasi Berkelanjutan Bank Mandiri Tahun 2019 Moody’s - Baa2 - 214.243
Obligasi Berkelanjutan Bank BRI Tahun 2019 Moody’s - Baa2 - 145.554
242.956 401.289
Jumlah nilai wajar melalui penghasilan komprehensif lain/
Total fair value through other comprehensive income 7.887.131 1.901.910
Nilai wajar melalui laba rugi/fair value through profit or loss
Rupiah/Rupiah
Sekuritas Rupiah Bank Indonesia - - - 2.512.804 282.472
Obligasi Berkelanjutan III Bank BRI Tahap I Tahun 2019 Seri C Pefindo idAAA - - -
Obligasi Berkelanjutan II Bank Mandiri Tahap I Tahun 2020 Seri A Pefindo - idAAA - 1.010
2.512.804 283.482
Mata Uang Asing/Foreign Currencies
MUFG Innovation Partners Garuda No.1 Investment Limited
Partnership - - - 48.285 30.794
Jumlah nilai wajar melalui laba rugi/Total fair value
through profit or loss 2.561.089 314.276
Jumlah efek-efek/Total marketable securities 12.918.586 3.615.319
Dikurangi/Less:
Kerugian kredit ekspektasian/Expected credit losses (225.130) (354.649)
Jumlah efek-efek-neto/Total marketable securities-net 12.693.456 3.260.670
e. Perubahan keuntungan/(kerugian) yang belum e. Movements of unrealized gains/(losses)
direalisasi
Perubahan keuntungan/(kerugian) yang belum Movements of unrealized gains/(losses) for
direalisasi atas efek-efek dalam kelompok diukur pada marketable securities measured at fair value through
nilai wajar melalui penghasilan komprehensif lain other comprehensive income are as follows:
adalah sebagai berikut:
2024 2023
Saldo awal – sebelum Beginning balance -
pajak penghasilan tangguhan (6.221) (182) before deferred income tax
Penambahan kerugian
yang belum direalisasi Additional unrealized
selama tahun berjalan – neto (2.446) (5.560) losses during the year – net
Keuntungan yang direalisasi ke Realized gains to profit or loss
laba rugi atas penjualan efek-efek from sale of marketable
selama tahun berjalan – neto (3.525) (479) securities during the year – net
Jumlah sebelum pajak Total before deferred
penghasilan tangguhan (12.192) (6.221) income tax
Pajak penghasilan tangguhan 2.682 1.369 Deferred income tax
Saldo akhir – neto (9.510) (4.852) Ending balance – net
LAMPIRAN – 5/60 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 627
Page 630
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
8. EFEK-EFEK (lanjutan) 8. MARKETABLE SECURITIES (continued)
f. Perubahan kerugian kredit ekspektasian f. Movements of expected credit losses
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 25.001 - 329.648 354.649 Beginning balance
Aset keuangan yang
baru diperoleh 17.786 - - 17.786 New financial assets
Transfer ke penurunan Transferred to credit impaired
kredit (Tahap 3) (21.668) - 21.668 - (Stage 3)
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali 2.747 - 413.659 416.406 remeasurement
Perubahan model atau Change in model or
parameter (160) - - (160) parameter
Aset keuangan yang
sudah dihentikan Derecognition of financial
pengakuannya (14.184) - (549.416) (563.600) assets
Selisih kurs 49 - - 49 Exchange rate difference
Saldo Akhir 9.571 - 215.559 225.130 Ending Balance
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 36.846 - - 36.846 Beginning balance
Aset keuangan yang
baru diperoleh 24.946 - - 24.946 New financial assets
Transfer ke penurunan Transferred to credit impaired
kredit (Tahap 3) (31.169) - 31.169 - (Stage 3)
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali 13.421 - 474.779 488.200 remeasurement
Perubahan model atau Change in model or
parameter 237 - - 237 parameter
Aset keuangan yang
sudah dihentikan Derecognition of financial
pengakuannya (19.279) - (176.300) (195.579) assets
Selisih kurs (1) - - (1) Exchange rate difference
Saldo Akhir 25.001 - 329.648 354.649 Ending Balance
Manajemen berpendapat bahwa jumlah kerugian Management believes that the expected credit losses
kredit ekspektasian atas efek-efek telah memadai. on marketable securities is adequate.
g. Suku bunga/marjin efektif rata-rata tertimbang per g. The weighted average effective interest/margin
tahun untuk tahun yang berakhir pada tanggal rate per annum for the year ended 31 December
31 Desember 2024 dan 2023 2024 and 2023
2024 2023
Obligasi korporasi - Rupiah 6,70% 6,51% Corporate bonds - Rupiah
Obligasi korporasi - Corporate bonds - foreign
mata uang asing 5,68% 5,14% currency
Sekuritas Rupiah Bank Bank Indonesia Rupiah
Indonesia 6,80% 6,21% Securities
Sekuritas Valas Bank Bank Indonesia Foreign Exchange
Indonesia 5,20% 5,08% Securities
LAMPIRAN – 5/61 – SCHEDULE
628 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 631
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
9. EFEK YANG DIBELI DENGAN JANJI DIJUAL 9. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN EFEK YANG DIJUAL DENGAN JANJI AGREEMENTS AND SECURITIES SOLD UNDER
DIBELI KEMBALI REPURCHASE AGREEMENTS
a. Efek yang dibeli dengan janji dijual kembali a. Securities purchased under resale
agreements
2024
Nilai
Nilai nominal/ Tingkat suku Tanggal dimulai/ Tanggal jatuh tercatat/
Jenis efek/ Nominal bunga/ Commen- tempo/ Carrying
Pihak penjual/Counterparty Type of securities amount Interest rate cement date Maturity date value
19 Desember/ 2 Januari/
PT Bank Maybank IndonesiaTbk FR96_02_33 250.000 6,45% December 2024 January 2025 236.182
31 Desember/ 14 Januari/
PT Bank DBS Indonesia FR81_06_25 200.000 6,45% December 2024 January 2025 195.929
19 Desember/ 2 Januari/
PT Super Bank Indonesia FR101_04_29 200.000 6,45% December 2024 January 2025 191.673
31 Desember/ 14 Januari/
PT Bank Maybank IndonesiaTbk FR96_02_33 200.000 6,45% December 2024 January 2025 189.620
30 Desember/ 13 Januari/
PT Bank Maybank IndonesiaTbk FR90_04_27 200.000 6,45% December 2024 January 2025 183.910
30 Desember/ 13 Januari/
PT Super Bank Indonesia FR59_05_27 190.000 6,45% December 2024 January 2025 181.958
30 Desember/ 13 Januari/
PT Bank MNC Internasional Tbk FR91_04_32 200.000 6,45% December 2024 January 2025 179.582
PT Bank China Construction 10 Desember/ 7 Januari/
Bank Indonesia Tbk IDSR260925364S 100.000 6,55% December 2024 January 2025 94.799
PT Bank Rakyat Indonesia 31 Desember/ 14 Januari/
(Persero) Tbk FR90_04_27 100.000 6,45% December 2024 January 2025 91.951
PT Bank China Construction 16 Desember/ 13 Januari/
Bank Indonesia Tbk IDSR080925367S 80.000 6,55% December 2024 January 2025 75.985
19 Desember/ 2 Januari/
PT Bank KB Bukopin Tbk IDSR210325364S 50.000 6,45% December 2024 January 2025 49.134
20 Desember/ 3 Januari/
PT Bank Nationalnobu Tbk IDSR250425182S 50.000 6,48% December 2024 January 2025 48.847
18 Desember/ 2 Januari/
PT Bank Nationalnobu Tbk IDSR051225364S 50.000 6,45% December 2024 January 2025 46.698
24 Desember/ 7 Januari/
PT Bank KB Bukopin Tbk FR73_05_31 10.000 6,45% December 2024 January 2025 10.216
23 Desember/ 23 Januari/
PT Bank DBS Indonesia FR64_05_28 10.000 6,65% December 2024 January 2025 9.315
1.890.000 1.785.799
2023
Nilai
Nilai nominal/ Tingkat suku Tanggal dimulai/ Tanggal jatuh tercatat/
Jenis efek/ Nominal bunga/ Commen- tempo/ Carrying
Pihak penjual/Counterparty Type of securities amount Interest rate cement date Maturity date value
24 Februari/ 23 Februari/
Bank Indonesia Jakarta VR94_12_29 400.000 6,71% February 2023 February 2024 373.880
24 Februari/ 23 Februari/
Bank Indonesia Jakarta VR94_12_29 400.000 6,70% February 2023 February 2024 373.880
17 Februari/ 16 Februari/
Bank Indonesia Jakarta VR94_12_29 300.000 6,70% February 2023 February 2024 280.005
12 Mei/ 10 Mei/
Bank Indonesia Jakarta VR87_09_30 300.000 6,51% May 2023 May 2024 279.683
10 Maret/ 8 Maret/
Bank Indonesia Jakarta VR84_08_29 250.000 6,71% March 2023 March 2024 231.575
6 Januari/ 5 Januari/
Bank Indonesia Jakarta FR80_06_35 200.000 6,68% January 2023 January 2024 192.473
24 Februari/ 23 Februari/
Bank Indonesia Jakarta VR94_12_29 200.000 6,70% February 2023 February 2024 186.940
3 Maret/ 1 Maret/
Bank Indonesia Jakarta VR85_08_30 200.000 6,71% March 2023 March 2024 184.997
19 Mei/ 17 Mei/
Bank Indonesia Jakarta VR73_12_29 150.000 6,51% May 2023 May 2024 139.964
17 Februari/ 16 Februari/
Bank Indonesia Jakarta VR94_12_29 100.000 6,71% February 2023 February 2024 93.335
10 Februari/ 9 Februari/
Bank Indonesia Jakarta VR48_10_27 50.000 6,71% February 2023 February 2024 47.714
2.550.000 2.384.446
Kolektibilitas efek-efek yang dibeli dengan janji dijual Collectibility of securities purchased under resale
kembali sesuai peraturan OJK diungkapkan pada Catatan agreements in accordance with OJK regulation are
61e. disclosed in Note 61e.
LAMPIRAN – 5/62 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 629
Page 632
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
9. EFEK YANG DIBELI DENGAN JANJI DIJUAL 9. SECURITIES PURCHASED UNDER RESALE
KEMBALI DAN EFEK YANG DIJUAL DENGAN JANJI AGREEMENTS AND SECURITIES SOLD UNDER
DIBELI KEMBALI REPURCHASE AGREEMENTS
b. Efek yang dijual dengan janji dibeli kembali b. Securities sold under repurchase agreements
2024
Nilai
Nilai nominal/ Tingkat suku Tanggal dimulai/ Tanggal jatuh tercatat/
Jenis efek/ Nominal bunga/ Commen- tempo/ Carrying
Pihak lawan/Counterparty Type of securities amount Interest rate cement date Maturity date value
31 Desember/ 2 Januari/
PT Bank Rakyat Indonesia Tbk IDSR170125364S 1.000.000 6,15% December 2024 January 2025 996.778
30 Desember/ 6 Januari/
Bank Indonesia Jakarta FR86_04_26 1.000.000 6,25% December 2024 January 2025 941.534
30 Desember/ 6 Januari/
Bank Indonesia Jakarta FR86_04_26 1.000.000 6,25% December 2024 January 2025 941.534
19 Desember/ 2 Januari/
Bank Indonesia Jakarta FR96_02_33 250.000 6,40% December 2024 January 2025 236.182
31 Desember/ 14 Januari/
Bank Indonesia Jakarta FR81_06_25 200.000 6,40% December 2024 January 2025 195.929
19 Desember/ 2 Januari/
Bank Indonesia Jakarta FR101_04_29 200.000 6,40% December 2024 January 2025 191.673
31 Desember/ 14 Januari/
Bank Indonesia Jakarta FR96_02_33 200.000 6,40% December 2024 January 2025 189.620
30 Desember/ 13 Januari/
Bank Indonesia Jakarta FR90_04_27 200.000 6,40% December 2024 January 2025 183.910
30 Desember/ 13 Januari/
Bank Indonesia Jakarta FR59_05_27 190.000 6,40% December 2024 January 2025 181.958
30 Desember/ 13 Januari/
Bank Indonesia Jakarta FR91_04_32 200.000 6,40% December 2024 January 2025 179.582
31 Desember/ 2 Januari/
PT Bank Nationalnobu Tbk IDSR170125364S 100.000 6,10% December 2024 January 2025 99.678
10 Desember/ 7 Januari/
Bank Indonesia Jakarta IDSR260925364S 100.000 6,50% December 2024 January 2025 94.800
31 Desember/ 14 Januari/
Bank Indonesia Jakarta FR90_04_27 100.000 6,40% December 2024 January 2025 91.951
16 Desember/ 13 Januari/
Bank Indonesia Jakarta IDSR080925367S 80.000 6,50% December 2024 January 2025 75.985
19 Desember/ 2 Januari/
Bank Indonesia Jakarta IDSR210325364S 50.000 6,40% December 2024 January 2025 49.134
27 Desember/ 3 Januari/
PT Bank Mandiri Tbk FR81_06_25 50.000 6,35% December 2024 January 2025 49.029
27 Desember/ 10 Januari/
PT Bank SMBC Indonesia Tbk FR81_06_25 20.000 6,50% December 2024 January 2025 19.612
4.940.000 4.718.889
LAMPIRAN – 5/63 – SCHEDULE
630 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 633
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
10. TAGIHAN DAN LIABILITAS DERIVATIF 10. DERIVATIVE RECEIVABLES AND LIABILITIES
2024
Nilai kontrak/nosional
(setara dengan Dolar
Amerika Serikat)/ Nilai wajar/Fair values
Contract/notional amount
(equivalent to Tagihan derivatif/ Liabilitas derivatif/
United States Dollar) Derivative receivables Derivative liabilities
Bank Bank Bank
Counterparty/ Counterparty/ Counterparty/
Counterparty Nasabah/ Counterparty Nasabah/ Counterparty Nasabah/
Instrumen Bank Customer Bank Customer Bank Customer Instruments
Diperdagangkan: Trading:
Kontrak tunai mata uang asing 91.476.641 7.979.880 1.185 509 5.126 21 Foreign currency spot
Kontrak berjangka mata uang asing 460.978.003 228.014.746 49.503 22.294 23.033 12.705 Foreign currency forward
Swap mata uang asing 3.053.672.868 174.624.772 249.200 10.151 286.495 27.918 Foreign currency swap
Option mata uang asing 7.342.283 12.138.044 102 138 678 161.481 Foreign currency option
Cross currency swap 60.000.000 221.421.317 18.744 21.004 6.286 77.210 Cross currency swap
318.734 54.096 321.618 279.335
Lindung nilai: Hedging:
Cross currency swap 5.279.487.563 - 62.806 - 75.416 - Cross currency swap
381.540 54.096 397.034 279.335
2023
Nilai kontrak/nosional
(setara dengan Dolar
Amerika Serikat)/ Nilai wajar/Fair values
Contract/notional amount
(equivalent to Tagihan derivatif/ Liabilitas derivatif/
United States Dollar) Derivative receivables Derivative liabilities
Bank Bank Bank
Counterparty/ Counterparty/ Counterparty/
Counterparty Nasabah/ Counterparty Nasabah/ Counterparty Nasabah/
Instrumen Bank Customer Bank Customer Bank Customer Instruments
Diperdagangkan: Trading:
Kontrak tunai mata uang asing 114.822.085 2.330.568 927 101 2.118 4 Foreign currency spot
Kontrak berjangka mata uang asing 184.323.849 203.590.093 18.699 22.380 19.759 7.860 Foreign currency forward
Swap mata uang asing 2.057.211.801 83.919.725 191.690 8.985 237.530 13.196 Foreign currency swap
Option mata uang asing 417.831 56.794.340 1.696 - 8 15.520 Foreign currency option
Cross currency swap 30.000.000 155.473.899 - 26.480 11.305 18.656 Cross currency swap
Interest rate swap 649.477 - 2 - - - Interest rate swap
213.014 57.946 270.720 55.236
Lindung nilai: Hedging:
Cross currency swap 2.160.000.000 - 1.006 - - - Cross currency swap
214.020 57.946 270.720 55.236
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024, the losses from
31 Desember 2024, kerugian atas perubahan nilai wajar changes in fair value of derivative instruments which was
instrument derivatif yang diakui dalam laba rugi sebesar recorded in the profit or loss amounted to Rp24,469 (2023:
Rp24.469 (2023: kerugian sebesar Rp216.654). losses amounted to Rp216,654).
Jumlah nosional adalah suatu jumlah dalam unit mata uang A notional amount is a number of the currency units
yang disebutkan dalam perjanjian. Jumlah dalam daftar di specified in the contract. The amount in the above table is
atas disajikan secara bruto (penjumlahan posisi beli dan jual presented at gross basis (a sum of buy and sell position in
secara absolut). Tagihan/liabilitas derivatif merupakan nilai absolute amount). Derivative receivables/liabilities
penyelesaian transaksi derivatif pada tanggal pelaporan. represent the settlement value of derivative instruments
as of the reporting date.
LAMPIRAN – 5/64 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 631
Page 634
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
10. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE RECEIVABLES AND LIABILITIES
(continued)
Lindung nilai arus kas atas risiko tingkat suku bunga Cash flow hedge of interest rate and foreign
dan mata uang asing currency risks
ADMF melakukan kontrak cross currency swap dengan ADMF entered into cross currency swap contracts to
tujuan lindung nilai atas risiko fluktuasi arus kas yang hedge the risk of fluctuations in cash flow arising from
ditimbulkan oleh kurs mata uang dan tingkat suku bunga exchange rates and interest rates on borrowing.
atas pinjaman yang diterima.
Pada tanggal 31 Desember 2024, ADMF mempunyai As of 31 December 2024, ADMF has an outstanding
kontrak cross currency swap dengan pihak ketiga yang cross currency swap contracts with third party which is
masih berjalan dengan PT Bank Maybank Indonesia Tbk, PT Bank Maybank Indonesia Tbk, PT Bank UOB
PT Bank UOB Indonesia, PT Bank DBS Indonesia, PT Bank Indonesia, PT Bank DBS Indonesia, PT Bank CTBC
CTBC Indonesia, PT Bank CIMB Niaga Tbk, PT Bank OCBC Indonesia, PT Bank CIMB Niaga Tbk, PT Bank OCBC
NISP Tbk dan PT Bank ANZ Indonesia. NISP Tbk and PT Bank ANZ Indonesia.
Perubahan kerugian yang belum direalisasi: Movements of unrealized losses:
2024 2023
Saldo awal (959) (4.331) Beginning balance
(Kerugian)/keuntungan penyesuaian (Losses)/gains on fair value
nilai wajar lindung nilai arus kas (13.618) 3.372 adjustments of cashflow hedge
Jumlah sebelum pajak Total before deferred
penghasilan tangguhan (14.577) (959) income tax
Pajak penghasilan tangguhan 3.207 211 Deferred income tax
Saldo akhir – neto (11.370) (748) Ending balance – net
Pada tanggal 31 Desember 2024 dan 2023, jumlah yang As of 31 December 2024 and 2023, the total amount had
telah direklasifikasi dari ekuitas ke laporan laba rugi tahun been reclassified from equity to the current year profit or
berjalan adalah sebagai berikut: loss are as follows:
2024 2023
The amount had been reclassified from
Jumlah yang telah direklasifikasi dari equity to profit on foreign
ekuitas ke laba selisih kurs – bersih (10.979) (17.010) exchange – net
Jumlah yang telah direklasifikasi dari The amount had been reclassified from
ekuitas ke beban bunga dan equity to interest expense and
keuangan (91.102) (5.618) financing charges
(102.081) (22.628)
Kolektibilitas tagihan derivatif sesuai peraturan OJK Collectibility of derivative receivables in accordance with
diungkapkan pada Catatan 61f. OJK regulation are disclosed in Note 61f.
LAMPIRAN – 5/65 – SCHEDULE
632 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 635
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN 11. LOANS
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
Modal kerja 74.599.735 70.288.724 Working capital
Konsumsi 39.694.480 36.467.803 Consumer
Investasi 25.117.285 23.321.969 Investment
139.411.500 130.078.496
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
Modal kerja 15.535.357 11.759.408 Working capital
Investasi 1.314.138 1.812.977 Investment
16.849.495 13.572.385
Jumlah 156.260.995 143.650.881 Total
Dikurangi: Less:
Kerugian kredit ekspektasian (7.514.253) (7.337.274) Expected credit losses
Jumlah – neto 148.746.742 136.313.607 Total – net
Kualitas pinjaman yang diberikan berdasarkan Loans quality by staging approach and by type:
pendekatan tahapan dan berdasarkan jenis:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Modal kerja 80.022.011 1.566.156 5.774.702 2.772.223 90.135.092 Working capital
Konsumsi 32.042.086 930.670 875.199 5.846.525 39.694.480 Consumer
Investasi 21.297.805 303.622 1.769.094 3.060.902 26.431.423 Investment
133.361.902 2.800.448 8.418.995 11.679.650 156.260.995
Dikurangi: Less:
Kerugian kredit Expected credit
ekspektasian*) (1.486.451) (924.656) (4.680.215) (422.931) (7.514.253) Losses*)
Jumlah – neto 131.875.451 1.875.792 3.738.780 11.256.719 148.746.742 Total – net
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Modal kerja 72.707.513 2.161.501 3.846.945 3.332.173 82.048.132 Working capital
Konsumsi 29.677.669 1.032.133 717.360 5.040.641 36.467.803 Consumer
Investasi 19.978.461 420.026 1.926.531 2.809.928 25.134.946 Investment
122.363.643 3.613.660 6.490.836 11.182.742 143.650.881
Dikurangi: Less:
Kerugian kredit Expected credit
ekspektasian*) (1.409.324) (1.039.254) (4.460.872) (427.824) (7.337.274) Losses*)
Jumlah – neto 120.954.319 2.574.406 2.029.964 10.754.918 136.313.607 Total – net
*) *)
KKE untuk Syariah menggunakan kerugian historis sesuai PSAK ECL for Sharia using incurred loss based on PSAK 239 (formerly
239 (sebelumnya PSAK 55) dan PPKA. PSAK 55) and PPKA.
LAMPIRAN – 5/66 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 633
Page 636
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
b. Berdasarkan sektor ekonomi b. By economic sector
Kualitas pinjaman yang diberikan berdasarkan Loans quality by staging approach and economic
pendekatan tahapan secara sektor ekonomi: sector:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Perantara keuangan 21.695.714 6.224 1.209 1.619.289 23.322.436 Financial intermediary
Industri pengelolahan 25.109.855 414.248 3.643.592 944.369 30.112.064 Manufacturing
Konstruksi 2.431.080 122.717 340.326 133.992 3.028.115 Construction
Electricity, gas,
Listrik, gas dan uap/air 1.232.911 1.039 1.978 65.483 1.301.411 and steam/water
Transportasi, Transportation,
pergudangan dan warehousing and
komunikasi 6.194.911 117.973 1.376.371 321.141 8.010.396 communications
Penyediaan akomodasi
dan penyediaan Accommodation and food
makan minum 393.770 97.351 140.675 24.967 656.763 and beverages
Perdagangan besar
dan eceran 28.332.398 969.681 1.661.624 1.305.038 32.268.741 Wholesale and retail
Pertambangan dan
penggalian 145.972 5.397 162.281 113.478 427.128 Mining and excavation
Pertanian, kehutanan Agriculture, forestry
dan perikanan 3.155.519 59.994 177.679 808.555 4.201.747 and fisheries
Rumah tangga 31.898.295 926.227 874.043 5.846.525 39.545.090 Households
Lainnya 12.771.477 79.597 39.217 496.813 13.387.104 Others
133.361.902 2.800.448 8.418.995 11.679.650 156.260.995
Dikurangi: Less:
Kerugian kredit
ekspektasian*) (1.486.451) (924.656) (4.680.215) (422.931) (7.514.253) Expected credit losses*)
Jumlah – neto 131.875.451 1.875.792 3.738.780 11.256.719 148.746.742 Total – net
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Perantara keuangan 16.908.201 7.623 224 1.514.691 18.430.739 Financial intermediary
Industri pengelolahan 24.441.649 593.333 1.922.836 596.814 27.554.632 Manufacturing
Konstruksi 3.306.047 180.411 302.239 1.259.601 5.048.298 Construction
Electricity, gas,
Listrik, gas dan uap/air 806.552 631 1.438 23.793 832.414 and steam/water
Transportasi, Transportation,
pergudangan dan warehousing and
komunikasi 5.733.864 163.863 1.416.803 220.649 7.535.179 communications
Penyediaan akomodasi
dan penyediaan Accommodation and food
makan minum 290.603 164.234 181.078 22.723 658.638 and beverages
Perdagangan besar
dan eceran 23.348.355 1.335.873 1.513.533 1.269.003 27.466.764 Wholesale and retail
Pertambangan dan
penggalian 1.612.365 11.425 185.161 76.852 1.885.803 Mining and excavation
Pertanian, kehutanan Agriculture, forestry
dan perikanan 3.511.487 30.823 195.061 815.679 4.553.050 and fisheries
Rumah tangga 29.469.853 1.023.502 717.001 5.040.642 36.250.998 Households
Lainnya 12.934.667 101.942 55.462 342.295 13.434.366 Others
122.363.643 3.613.660 6.490.836 11.182.742 143.650.881
Dikurangi: Less:
Kerugian kredit
ekspektasian*) (1.409.324) (1.039.254) (4.460.872) (427.824) (7.337.274) Expected credit losses*)
Jumlah – neto 120.954.319 2.574.406 2.029.964 10.754.918 136.313.607 Total – net
*) KKE untuk Syariah menggunakan kerugian historis sesuai PSAK *) ECL for Sharia using incurred loss based on PSAK 239 (formerly
239 (sebelumnya PSAK 55) dan PPKA. PSAK 55) and PPKA.
LAMPIRAN – 5/67 – SCHEDULE
634 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 637
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
c. Berdasarkan wilayah geografis c. By geographic region
2024 2023
Jakarta, Bogor, Tangerang, Jakarta, Bogor, Tangerang,
Karawang, Bekasi, dan Karawang, Bekasi, and
Lampung 109.973.210 102.295.934 Lampung
Sumatera Utara 10.891.706 10.045.345 North Sumatera
Jawa Timur 8.865.995 7.433.546 East Java
Jawa Barat 6.919.408 6.801.681 West Java
Jawa Tengah dan Yogyakarta 6.682.209 6.026.816 Central Java and Yogyakarta
Sulawesi, Maluku, dan Papua 5.095.530 4.402.694 Sulawesi, Maluku, and Papua
Kalimantan 3.934.622 3.256.018 Kalimantan
Sumatera Selatan 2.402.726 2.099.753 South Sumatera
Bali, NTT, dan NTB 1.495.589 1.289.094 Bali, NTT, and NTB
Jumlah 156.260.995 143.650.881 Total
Dikurangi: Less:
Kerugian kredit ekspektasian (7.514.253) (7.337.274) Expected credit losses
Jumlah – neto 148.746.742 136.313.607 Total – net
d. Pinjaman yang direstrukturisasi d. Restructured loans
Pinjaman yang direstrukturisasi meliputi antara lain Restructured loans consist of loans with rescheduled
penjadwalan ulang pembayaran pokok pinjaman principal and interest payments, adjusted interest
dan bunga, penyesuaian tingkat suku bunga, dan rates, and reduced overdue interest. Total
pengurangan tunggakan bunga. Jumlah pinjaman restructured loans as of 31 December 2024
yang direstrukturisasi pada tanggal 31 Desember amounted to Rp5,186,834 (2023: Rp7,029,282).
2024 adalah sebesar Rp5.186.834 (2023: Expected credit losses of restructured loans as of
Rp7.029.282). Kerugian kredit ekspektasian atas 31 December 2024 amounted to Rp2,676,707 (2023:
pinjaman yang direstrukturisasi pada tanggal Rp3,607,763).
31 Desember 2024 adalah sebesar Rp2.676.707
(2023: Rp3.607.763).
Pinjaman yang direstrukturisasi sesuai dengan Restructured loans in accordance with the OJK
peraturan OJK diungkapkan pada Catatan 61g. regulation are disclosed in Note 61g.
e. Pinjaman sindikasi e. Syndicated loans
Pinjaman sindikasi merupakan pinjaman yang Syndicated loans represent loans provided to
diberikan kepada debitur berdasarkan perjanjian debtors under syndication agreements with other
pembiayaan bersama (sindikasi) dengan bank-bank banks. Total syndicated loans as of 31 December
lain. Jumlah pinjaman sindikasi pada tanggal 2024 amounted to Rp5,541,799 (2023:
31 Desember 2024 adalah sebesar Rp5.541.799 Rp4,997,766). The percentage of participation of
(2023: Rp4.997.766). Persentase keikutsertaan the Bank as a member of syndications as of
Bank dalam pinjaman sindikasi sebagai anggota 31 December 2024 and 2023 ranges 2.00% -
pada tanggal 31 Desember 2024 dan 2023 adalah 64.00% and 2.00% - 64.00% of each syndicated
masing-masing sebesar 2,00% - 64,00% dan 2,00% loan facility, respectively.
- 64,00% dari masing-masing fasilitas pinjaman
sindikasi.
f. Berdasarkan kolektibilitas OJK f. By OJK collectibility
Kolektibilitas pinjaman yang diberikan sesuai Collectibility of Loans in accordance with OJK
peraturan OJK diungkapkan pada Catatan 61g. regulation are disclosed in Note 61g.
LAMPIRAN – 5/68 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 635
Page 638
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
g. Perubahan kerugian kredit ekspektasian g. Movements of expected credit losses
Perubahan kerugian kredit ekspektasian adalah Movements of expected credit losses are as follows:
sebagai berikut:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 1.409.324 1.039.254 4.460.872 427.824 7.337.274 Beginning balance
Aset keuangan yang
baru diperoleh 1.523.580 44.067 1.670 - 1.569.317 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (305.227) 1.415.606 4.508.125 - 5.618.504 and remeasurement
Perubahan model atau Change in model or
parameter (44.764) (6.973) (1.696) - (53.433) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 770.250 (574.753) (195.497) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (616.260) 819.637 (203.377) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (231.850) (1.595.733) 1.827.583 - - impaired (Stage 3)
Penghapusbukuan selama Write offs during the
tahun berjalan (111.453) (28.683) (3.402.074) - (3.542.210) year
Aset keuangan yang telah
dihentikan Derecognition of financial
pengakuannya (908.126) (187.909) (2.328.691) - (3.424.726) assets
Selisih kurs 977 143 13.300 - 14.420 Exchange rate difference
Syariah*) - - - (4.893) (4.893) Sharia*)
Saldo Akhir 1.486.451 924.656 4.680.215 422.931 7.514.253 Ending Balance
*)
KKE untuk Syariah menggunakan kerugian historis sesuai PSAK 239 *)
ECL for Sharia using incurred loss based on PSAK 239 (formerly PSAK
(sebelumnya PSAK 55) dan PPKA. 55) and PPKA.
LAMPIRAN – 5/69 – SCHEDULE
636 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 639
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
g. Perubahan kerugian kredit ekspektasian g. Movements of expected credit losses
(lanjutan) (continued)
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal
1.355.095 693.569 4.294.851 313.487 6.657.002 Beginning balance
Aset keuangan yang
baru diperoleh 1.391.044 46.340 10.817 - 1.448.201 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (449.660) 1.513.314 2.302.326 - 3.365.980 and remeasurement
Perubahan model atau Change in model or
parameter (49.459) 870 (3.065) - (51.654) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 755.812 (536.308) (219.504) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (734.177) 1.147.588 (413.411) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (183.223) (1.566.923) 1.750.146 - - impaired (Stage 3)
Penerimaan kembali
pinjaman yang telah Recoveries from loans
dihapusbukukan 15 6.174 1.432.508 - 1.438.697 write off
Penghapusbukuan selama Write offs during the
tahun berjalan (52.489) (13.422) (2.639.753) - (2.705.664) year
Aset keuangan yang telah
dihentikan Derecognition of financial
pengakuannya (622.495) (251.829) (2.046.152) - (2.920.476) assets
Selisih kurs (1.139) (119) (7.891) - (9.149) Exchange rate difference
Syariah*) - - - 114.337 114.337 Sharia*)
Saldo Akhir 1.409.324 1.039.254 4.460.872 427.824 7.337.274 Ending Balance
*)
KKE untuk Syariah menggunakan kerugian historis sesuai PSAK 239 *)
ECL for Sharia using incurred loss based on PSAK 239 (formerly PSAK
(sebelumnya PSAK 55) dan PPKA. 55) and PPKA.
Manajemen berpendapat bahwa jumlah kerugian Management believes that the expected credit
kredit ekspektasian atas pinjaman yang diberikan losses on loans is adequate.
telah memadai.
LAMPIRAN – 5/70 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 637
Page 640
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
h. Mutasi pinjaman yang diberikan h. Movements of loans
Mutasi pinjaman yang diberikan berdasarkan Movements of loans by staging are as follows:
tahapan adalah:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 122.363.643 3.613.660 6.490.836 11.182.742 143.650.881 Beginning balance
Aset keuangan yang
baru diperoleh 196.801.087 810.413 3.569 - 197.615.069 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (21.940.617) (418.277) 3.069.344 - (19.289.550) and remeasurement
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 2.580.507 (2.295.432) (285.075) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (5.220.469) 5.539.764 (319.295) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (2.854.753) (3.461.091) 6.315.844 - - impaired (Stage 3)
Penghapusbukuan selama Write offs during the
tahun berjalan (111.453) (28.683) (3.402.074) - (3.542.210) year
Aset keuangan yang telah
dihentikan Derecognition of financial
pengakuannya (158.760.343) (961.502) (3.473.011) - (163.194.856) assets
Selisih kurs 504.300 1.596 18.857 - 524.753 Exchange rate difference
Syariah - - - 496.908 496.908 Sharia
Saldo Akhir 133.361.902 2.800.448 8.418.995 11.679.650 156.260.995 Ending Balance
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 100.303.953 5.207.643 6.538.077 9.206.472 121.256.145 Beginning balance
Aset keuangan yang
baru diperoleh 180.053.086 920.556 18.998 - 180.992.640 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (18.920.803) (649.704) 1.995.030 - (17.575.477) and remeasurement
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 3.079.124 (2.827.302) (251.822) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (5.260.211) 5.712.532 (452.321) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (1.307.888) (3.344.882) 4.652.770 - - impaired (Stage 3)
Penghapusbukuan selama Write offs during the
tahun berjalan (52.489) (13.422) (2.639.753) - (2.705.664) year
Aset keuangan yang telah
dihentikan Derecognition of financial
pengakuannya (135.339.682) (1.389.070) (3.364.630) - (140.093.382) assets
Selisih kurs (191.447) (2.691) (5.513) - (199.651) Exchange rate difference
Syariah - - - 1.976.270 1.976.270 Sharia
Saldo Akhir 122.363.643 3.613.660 6.490.836 11.182.742 143.650.881 Ending Balance
LAMPIRAN – 5/71 – SCHEDULE
638 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 641
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
11. PINJAMAN YANG DIBERIKAN (lanjutan) 11. LOANS (continued)
i. Pembiayaan bersama i. Joint financing
Bank mengadakan perjanjian pemberian fasilitas The Bank has entered into joint financing agreements
pembiayaan bersama dengan beberapa lembaga with several multifinance companies for financing
pembiayaan untuk membiayai kepemilikan retail purchases of vehicles and consumer durable
kendaraan bermotor dan barang-barang konsumtif. products. The outstanding balance of joint financing
Jumlah saldo fasilitas pembiayaan bersama dengan agreements with and without recourse as of
dan tanpa tanggung renteng pada tanggal 31 December 2024 was Rp26,440,721
31 Desember 2024 adalah sebesar Rp26.440.721 (2023: Rp26,458,279).
(2023: Rp26.458.279).
j. Kredit kelolaan j. Channeling loans
Kredit kelolaan adalah kredit yang diterima oleh Bank Channeling loans are loans received by the Bank
dari BI untuk diteruskan membiayai proyek-proyek from BI which have been channeled to finance
pertanian di Indonesia. Bank tidak menanggung risiko agricultural projects in Indonesia. The Bank bears no
atas kredit kelolaan yang diteruskan ini sehingga kredit credit risk on these loans, therefore, these channeling
ini tidak dicatat sebagai pinjaman dalam laporan loans were not recorded as loans in the consolidated
keuangan konsolidasian. financial statements.
Pada tanggal 31 Desember 2024, saldo kredit kelolaan As of 31 December 2024, the balance of channeling
adalah Rp350.561 (2023: Rp350.561). loans amounted to Rp350,561 (2023: Rp350,561).
k. Informasi pokok lainnya sehubungan dengan k. Other significant information relating to loans
pinjaman yang diberikan
Pinjaman yang diberikan pada umumnya dijamin Loans are generally secured by time deposits
dengan deposito berjangka (Catatan 21c) atau harta (Note 21c) or by registered mortgages or by powers
tak bergerak yang diaktakan dengan akta pemberian or by other guarantees acceptable to the Bank.
hak tanggungan atau jaminan lain yang umumnya
diterima oleh Bank.
Jumlah pinjaman yang diberikan yang dijamin Total loans with cash collaterals as of 31 December
dengan agunan tunai pada tanggal 31 Desember 2024 was Rp4,517,871 (2023: Rp3,325,504).
2024 adalah sebesar Rp4.517.871 (2023:
Rp3.325.504).
Suku bunga efektif rata-rata tertimbang per tahun The weighted average effective interest rate per
untuk tahun yang berakhir pada tanggal annum for the year ended 31 December 2024 was
31 Desember 2024 adalah 8,66% untuk Rupiah dan 8.66% for Rupiah and 5.99% for foreign currencies
5,99% untuk mata uang asing (2023: 8,39% dan (2023: 8.39% and 5.95%).
5,95%).
Informasi pokok lainnya terkait rasio kredit Other significant information such as non-performing
bermasalah, rasio kredit usaha kecil terhadap jumlah loan ratio, ratio of small business loans to total loans
pinjaman yang diberikan (Catatan 61g) dan (Note 61g) and if any breach of Legal Lending Limit
pelampauan Batas Maksimum Pemberian Kredit (Note 61l) in accordance with OJK regulation.
Bank (Catatan 61l) sesuai dengan peraturan OJK.
LAMPIRAN – 5/72 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 639
Page 642
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
12. PIUTANG PEMBIAYAAN KONSUMEN 12. CONSUMER FINANCING RECEIVABLES
Piutang pembiayaan konsumen Entitas Anak adalah sebagai The Subsidiary’s consumer financing receivables are as
berikut: follows:
2024 2023
Piutang pembiayaan konsumen Consumer financing receivables
pihak ketiga third parties
- pembiayaan bersama 13.463.113 13.643.207 joint financing -
- pembiayaan sendiri 29.512.307 30.608.662 self financing -
Pendapatan pembiayaan
konsumen yang belum Unrecognized consumer
diakui - pihak ketiga (15.759.940) (16.488.479) financing income - third parties
27.215.480 27.763.390
Dikurangi: Less:
Kerugian kredit ekspektasian Expected credit losses
- pihak ketiga (1.513.432) (1.562.698) third parties -
Jumlah - neto 25.702.048 26.200.692 Total - net
Pada tanggal 31 Desember 2024 dan 2023, biaya transaksi As of 31 December 2024 and 2023, the gross consumer
yang terkait langsung dengan perolehan nasabah baru financing receivables include transaction costs directly
disajikan sebagai bagian dari piutang pembiayaan konsumen attributed to the origination of consumer financing accounts
masing-masing sebesar Rp1.332.133 dan Rp1.307.631. amounted to Rp1,332,133 and Rp1,307,631, respectively.
Suku bunga efektif rata-rata tertimbang per tahun untuk The weighted average effective interest rates per annum for
tahun yang berakhir pada tanggal 31 Desember 2024 dan for the year ended 31 December 2024 and 2023 were as
untuk tahun yang berakhir pada tanggal 2023 adalah sebagai follows:
berikut:
Produk 2024 2023 Products
Mobil 16,79% 17,14% Cars
Motor 33,18% 34,02% Motorcycles
Barang konsumtif 57,41% 61,59% Durable goods
Lainnya 31,88% 32,22% Others
Untuk memastikan kelancaran penyelesaian piutang To ensure settlement of consumer financing receivable,
pembiayaan konsumen yang diberikan, konsumen Entitas the customers of Subsidiary give the Certificates of
Anak memberikan Bukti Pemilikan Kendaraan Bermotor Ownership (BPKB) of the motor vehicles financed.
(BPKB) atas kendaraan bermotor yang dibiayai. Tidak ada Consumer financing receivables for consumer durable
jaminan atas piutang pembiayaan konsumen untuk produk products are unsecured.
barang konsumsi.
Piutang pembiayaan konsumen pada tanggal Consumer financing receivables as of 31 December
31 Desember 2024 sebesar Rpnihil (2023: Rp562.875) 2024 amounted to Rpnil (2023: Rp562,875) were used
digunakan sebagai jaminan utang obligasi (Catatan 24), as collateral to bonds payable (Note 24), and amounted
dan sebesar Rpnihil (2023: Rp23.000) digunakan sebagai to Rpnil (2023: Rp23,000) were used as collateral to
jaminan sukuk mudharabah (Catatan 25). mudharabah bonds (Note 25).
Dalam pembiayaan bersama antara Bank dan Entitas In joint financing arrangements between the Bank and
Anak, Entitas Anak berhak menentukan tingkat Subsidiary, the Subsidiary have the right to set higher
bunga/marjin yang lebih tinggi kepada konsumen interest rates/margin to the consumers than the interest
dibandingkan tingkat bunga yang ditetapkan dalam rates stated in the joint financing agreement with the
perjanjian pembiayaan bersama dengan Bank. Bank.
LAMPIRAN – 5/73 – SCHEDULE
640 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 643
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
12. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 12. CONSUMER FINANCING RECEIVABLES(continued)
Perubahan kerugian kredit ekspektasian Movements of expected credit losses
Perubahan kerugian kredit ekspektasian adalah sebagai Movements of expected credit losses are as follows:
berikut:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 817.839 154.022 298.729 292.108 1.562.698 Beginning balance
Aset keuangan yang
baru diperoleh 642.636 - - - 642.636 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (391.719) 425.384 1.660.479 - 1.694.144 remeasurement
Perubahan model atau Change in model or
parameter (37.321) (6.560) 49 - (43.832) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 273.695 (198.996) (74.699) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (368.848) 412.334 (43.486) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (69.822) (540.692) 610.514 - - impaired (Stage 3)
Aset keuangan yang telah Derecognition of financial
dihentikan pengakuannya (54.837) (67.883) (40.638) - (163.358) assets
Penghapusbukuan selama
tahun berjalan (131.425) (31.703) (2.060.353) - (2.223.481) Write offs during the year
Syariah*) - - - 44.625 44.625 Sharia*)
Saldo Akhir 680.198 145.906 350.595 336.733 1.513.432 Ending Balance
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 887.675 82.635 282.148 187.860 1.440.318 Beginning balance
Aset keuangan yang
baru diperoleh 865.559 - - - 865.559 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (502.976) 390.988 1.066.983 - 954.995 remeasurement
Perubahan model atau Change in model or
parameter (95.427) (12.656) (2.436) - (110.519) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 311.272 (237.721) (73.551) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (393.114) 458.938 (65.824) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (86.388) (473.392) 559.780 - - impaired (Stage 3)
Aset keuangan yang telah Derecognition of financial
dihentikan pengakuannya (82.832) (37.843) (65.210) - (185.885) assets
Penghapusbukuan selama
tahun berjalan (85.930) (16.927) (1.403.161) - (1.506.018) Write offs during the year
Syariah*) - - - 104.248 104.248 Sharia*)
Saldo Akhir 817.839 154.022 298.729 292.108 1.562.698 Ending Balance
*) *)
KKE untuk Syariah menggunakan kerugian historis sesuai PSAK 239 ECL for Sharia using incurred loss based on PSAK 239 (formerly PSAK
(sebelumnya PSAK 55) dan PPKA. 55) and PPKA.
Manajemen berpendapat bahwa jumlah kerugian kredit Management believes that the expected credit losses on
ekspektasian atas piutang pembiayaan konsumen telah consumer financing receivables is adequate.
memadai.
LAMPIRAN – 5/74 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 641
Page 644
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
12. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 12. CONSUMER FINANCING RECEIVABLES (continued)
Mutasi piutang pembiayaan konsumen Movements of consumer financing receivables
Mutasi piutang pembiayaan konsumen berdasarkan Movements of consumer financing receivables by
tahapan adalah: staging are as follows:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 20.806.901 654.848 489.471 5.812.170 27.763.390 Beginning balance
Aset keuangan yang
baru diperoleh 14.310.783 - - - 14.310.783 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (12.228.196) (155.262) (328.239) - (12.711.697) and remeasurement
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian expected credit losses
12 bulan (Tahap 1) 1.104.949 (975.076) (129.873) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (3.108.475) 3.188.952 (80.477) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (553.320) (2.036.569) 2.589.889 - - impaired (Stage 3)
Penghapusbukuan selama Write offs during
tahun berjalan (131.425) (31.703) (2.060.353) - (2.223.481) the year
Syariah - - - 76.485 76.485 Sharia
Saldo Akhir 20.201.217 645.190 480.418 5.888.655 27.215.480 Ending Balance
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 17.858.486 287.258 311.435 4.221.217 22.678.396 Beginning balance
Aset keuangan yang
baru diperoleh 16.887.925 - - - 16.887.925 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (11.492.161) 216 (395.921) - (11.887.866) and remeasurement
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian 12 bulan expected credit losses
(Tahap 1) 1.088.472 (976.459) (112.013) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (2.859.914) 2.953.268 (93.354) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (589.977) (1.592.508) 2.182.485 - - impaired (Stage 3)
Penghapusbukuan selama Write offs during
tahun berjalan (85.930) (16.927) (1.403.161) - (1.506.018) the year
Syariah - - - 1.590.953 1.590.953 Sharia
Saldo Akhir 20.806.901 654.848 489.471 5.812.170 27.763.390 Ending Balance
Piutang pembiayaan konsumen yang telah direstrukturisasi The restructured consumer financing receivables as of
pada tanggal 31 Desember 2024 dan 2023 31 December 2024 and 2023 were Rp433,174 and
masing-masing sebesar Rp433.174 dan Rp487.901. Rp487,901, respectively.
LAMPIRAN – 5/75 – SCHEDULE
642 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 645
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
13. PIUTANG SEWA PEMBIAYAAN 13. FINANCE LEASE RECEIVABLES
2024 2023
Piutang Sewa Pembiayaan 1.506.907 1.212.876 Finance Lease Receivables
Aset Ijarah Muntahiyah Bittamlik Asset Ijarah Muntahiyah Bittamlik
(IMBT) 728.492 231.424 (IMBT)
2.235.399 1.444.300
2024 2023
Piutang sewa pembiayaan - bruto 1.749.944 1.447.447 Finance lease receivables - gross
Nilai residu yang terjamin 563.230 455.335 Guaranteed residual value
Pendapatan sewa pembiayaan
yang belum diakui (200.793) (184.084) Unearned financing lease income
Setoran jaminan (563.230) (455.335) Security deposits
1.549.151 1.263.363
Dikurangi: Less:
Kerugian kredit ekspektasian (42.244) (50.487) Expected credit losses
Piutang sewa pembiayaan - neto 1.506.907 1.212.876 Finance lease receivables - net
Aset IMBT - bruto 1.075.770 330.547 Asset IMBT - gross
Akumulasi penyusutan (315.068) (88.840) Accumulated depreciation
760.702 241.707
Dikurangi: Less:
Kerugian kredit ekspektasian (32.210) (10.283) Expected credit losses
Aset IMBT - neto 728.492 231.424 Asset IMBT - net
Pada tanggal 31 Desember 2024, piutang sewa pembiayaan As of 31 December 2024, the gross finance lease
bruto termasuk biaya transaksi terkait langsung dengan receivables include unamortized transaction costs directly
pemberian pembiayaan sewa yang belum diamortisasi attributable to the origination of finance lease accounts
sebesar Rp17.538 (2023: Rp5.421). amounted to Rp17,538 (2023: Rp5,421).
Angsuran piutang sewa pembiayaan - bruto yang akan The installments of finance lease receivables - gross, which
diterima dari konsumen sesuai dengan tanggal jatuh will be collected from consumers in accordance with the due
temponya adalah sebagai berikut: dates are as follows:
2024 2023
- < 1 tahun 1.431.553 919.658 < 1 year -
- 1 - 2 tahun 745.100 509.221 1 - 2 years -
- > 2 tahun 333.993 260.275 > 2 years -
Piutang sewa pembiayaan - bruto 2.510.646 1.689.154 Finance lease receivables - gross
LAMPIRAN – 5/76 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 643
Page 646
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
Rata-rata tertimbang tingkat suku bunga efektif per tahun The weighted average effective interest rates per annum for
untuk tahun yang berakhir pada tanggal 31 Desember 2024 the year ended 31 December 2024 and 2023 were as
dan 2023 adalah sebagai berikut: follows:
2024 2023
Mobil 10,48% 11,33% Cars
Motor 26,36% 25,56% Motorcycles
Alat berat dan lainnya 13,72% 14,07% Heavy equipment and others
Pengelompokan piutang sewa pembiayaan - bruto menurut Classification of finance lease receivables - gross based on
jumlah hari tunggakan adalah sebagai berikut: days overdue is as follows:
2024 2023
- Tidak ada tunggakan 2.235.633 1.527.941 No past due -
- 1 - 90 hari 265.659 156.096 1 - 90 days -
- 91 - 120 hari 3.315 2.336 91 - 120 days -
- 121 - 180 hari 6.039 2.781 121 - 180 days -
Piutang sewa pembiayaan - bruto 2.510.646 1.689.154 Finance lease receivables - gross
Perubahan kerugian kredit ekspektasian adalah sebagai The movements of expected credit losses are as follows:
berikut:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 43.915 4.641 1.931 10.283 60.770 Beginning balance
Aset keuangan yang
baru diperoleh 67.753 - - - 67.753 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (80.860) 17.690 36.142 - (27.028) remeasurement
Perubahan model atau Change in model or
parameter (3.038) (276) (23) - (3.337) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian 12 bulan expected credit losses
(Tahap 1) 15.652 (13.539) (2.113) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (6.904) 8.814 (1.910) - - (Stage 2)
Transfer ke penurunan Transferred to credit impaired
kredit (Tahap 3) (892) (10.087) 10.979 - - (Stage 3)
Aset keuangan yang telah Derecognition of financial
dihentikan pengakuannya (3.083) (2.255) (2.476) - (7.814) assets
Penghapusan piutang (520) (155) (37.142) - (37.817) Receivables written-off
Syariah - - - 21.927 21.927 Sharia
Saldo Akhir 32.023 4.833 5.388 32.210 74.454 Ending Balance
LAMPIRAN – 5/77 – SCHEDULE
644 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 647
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
Perubahan kerugian kredit ekspektasian adalah sebagai The movements of expected credit losses are as follows
berikut (lanjutan): (continued):
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 44.365 462 430 2.191 47.448 Beginning balance
Aset keuangan yang
baru diperoleh 57.876 - - - 57.876 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (49.571) 3.859 12.522 - (33.190) remeasurement
Perubahan model atau Change in model or
parameter (7.643) (225) (38) - (7.906) parameter
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian 12 bulan expected credit losses
(Tahap 1) 5.968 (4.690) (1.278) - - (Stage 1)
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian sepanjang expected credit losses
umurnya (Tahap 2) (4.140) 9.278 (5.138) - - (Stage 2)
Transfer ke penurunan Transferred to credit impaired
kredit (Tahap 3) (280) (3.386) 3.666 - - (Stage 3)
Aset keuangan yang telah Derecognition of financial
dihentikan pengakuannya (2.007) (611) (2.998) - (5.616) assets
Penghapusan piutang (653) (46) (5.235) - (5.934) Receivables written-off
Syariah - - - 8.092 8.092 Sharia
Saldo Akhir 43.915 4.641 1.931 10.283 60.770 Ending Balance
Manajemen berpendapat bahwa jumlah kerugian kredit Management believes that the expected credit losses is
ekspektasian yang dibentuk cukup untuk menutup kerugian adequate to cover possible losses arising from uncollectible
yang mungkin timbul akibat tidak tertagihnya piutang sewa finance lease receivables.
pembiayaan.
Pada saat perjanjian sewa pembiayaan dimulai, lessee At the time of execution of the finance leases contracts, the
memberikan setoran jaminan. Setoran jaminan ini akan lessee pays the security deposits. The security deposits are
digunakan sebagai pembayaran pada akhir masa sewa used as the final installment at the end of the finance lease
pembiayaan, bila hak opsi dilaksanakan lessee. Apabila lessee period, if the lessee exercises the option to purchase the
tidak melaksanakan hak opsinya untuk membeli aset sewa leased asset. If the lessee does not exercise the purchase
pembiayaan tersebut maka setoran jaminan dikembalikan option, the security deposit will be returned to the lessee as
kepada lessee sepanjang memenuhi ketentuan dalam long as it meets the conditions in the finance lease
perjanjian sewa pembiayaan dengan hak opsi. agreement with option right.
Piutang sewa pembiayaan yang telah direstrukturisasi pada The restructured finance lease receivables as of
tanggal 31 Desember 2024 dan 2023 masing-masing sebesar 31 December 2024 and 2023 were Rp9,162 and Rp5,859,
Rp9.162 dan Rp5.859. respectively.
LAMPIRAN – 5/78 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 645
Page 648
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
13. PIUTANG SEWA PEMBIAYAAN (lanjutan) 13. FINANCE LEASE RECEIVABLES (continued)
Mutasi piutang sewa pembiayaan Movements of finance lease receivables
Mutasi piutang sewa pembiayaan berdasarkan tahapan Movements of finance lease receivables by staging are
adalah: as follows:
2024
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 1.234.039 25.183 4.141 241.707 1.505.070 Beginning balance
Aset keuangan yang
baru diperoleh 1.298.728 - - - 1.298.728 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (963.277) (1.966) (9.880) - (975.123) and remeasurement
Transfer ke kerugian Transferred to 12-month
kredit ekspektasian expected credit losses
12 bulan (Tahap 1) 56.263 (52.284) (3.979) - - (Stage 1)
Transfer ke kerugian
kredit ekspektasian Transferred to lifetime
sepanjang umurnya expected credit losses
(Tahap 2) (96.624) 100.007 (3.383) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (9.798) (47.779) 57.577 - - impaired (Stage 3)
Penghapusan piutang (520) (155) (37.142) - (37.817) Receivables written-off
Syariah - - - 518.995 518.995 Sharia
Saldo Akhir 1.518.811 23.006 7.334 760.702 2.309.853 Ending Balance
2023
Konvensional/Conventional
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 Stage 2 Stage 3 Sharia Total
Saldo awal 881.253 2.909 430 80.861 965.453 Beginning balance
Aset keuangan yang
baru diperoleh 911.354 - - - 911.354 New financial assets
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (522.330) (1.499) (2.820) - (526.649) and remeasurement
Transfer ke kerugian Transferred to 12-month
kredit ekspektasian expected credit losses
12 bulan (Tahap 1) 24.740 (22.938) (1.802) - - (Stage 1)
Transfer ke kerugian
kredit ekspektasian Transferred to lifetime
sepanjang umurnya expected credit losses
(Tahap 2) (58.371) 63.948 (5.577) - - (Stage 2)
Transfer ke penurunan Transferred to credit
kredit (Tahap 3) (1.954) (17.191) 19.145 - - impaired (Stage 3)
Penghapusan piutang (653) (46) (5.235) - (5.934) Receivables written-off
Syariah - - - 160.846 160.846 Sharia
Saldo Akhir 1.234.039 25.183 4.141 241.707 1.505.070 Ending Balance
LAMPIRAN – 5/79 – SCHEDULE
646 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 649
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
14. TAGIHAN AKSEPTASI 14. ACCEPTANCE RECEIVABLES
a. Berdasarkan pihak dan mata uang a. By party and currency
2024 2023
Rupiah Rupiah
- Bank lain 34.963 16.160 Other banks -
- Debitur 102.884 88.901 Debtors -
137.847 105.061
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- Bank lain 335.863 486.570 Other banks -
- Debitur 662.290 948.991 Debtors -
998.153 1.435.561
Jumlah 1.136.000 1.540.622 Total
Dikurangi: Less:
Kerugian kredit ekspektasian (6.470) (2.859) Expected credit losses
1.129.530 1.537.763
b. Berdasarkan jatuh tempo b. By maturity
2024 2023
Rupiah Rupiah
- Kurang dari 1 bulan 96.890 63.000 Less than 1 month -
- 1 - 3 bulan 28.702 30.502 1 - 3 months -
- > 3 - 6 bulan 12.255 11.559 > 3 - 6 months -
137.847 105.061
Mata uang asing Foreign currencies
(Catatan 53) (Note 53)
- Kurang dari 1 bulan 361.921 649.763 Less than 1 month -
- 1 - 3 bulan 358.153 514.685 1 - 3 months -
- > 3 - 6 bulan 260.554 173.292 > 3 - 6 months -
- > 6 - 12 bulan 17.525 97.821 > 6 - 12 months -
998.153 1.435.561
Jumlah 1.136.000 1.540.622 Total
Dikurangi: Less:
Kerugian kredit ekspektasian (6.470) (2.859) Expected credit losses
1.129.530 1.537.763
c. Perubahan kerugian kredit ekspektasian c. Movements of expected credit losses
Perubahan kerugian kredit ekspektasian adalah sebagai The movements of expected credit losses are as
berikut: follows:
2024
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 2.824 35 - 2.859 Beginning balance
Aset keuangan yang
baru diperoleh 6.098 23 - 6.121 New financial assets
Transfer ke kerugian kredit Transferred to 12-month
ekspektasian 12 bulan expected credit losses
(Tahap 1) 6 (6) - - (Stage 1)
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (6.065) (53) - (6.118) remeasurement
Perubahan model atau Change in model or
parameter 3.432 - - 3.432 parameter
Aset keuangan yang telah Derecognition of financial
dihentikan pengakuannya (3) - - (3) assets
Selisih kurs 178 1 - 179 Exchange rate difference
Saldo Akhir 6.470 - - 6.470 Ending Balance
LAMPIRAN – 5/80 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 647
Page 650
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
14. TAGIHAN AKSEPTASI (lanjutan) 14. ACCEPTANCE RECEIVABLES (continued)
c. Perubahan kerugian kredit ekspektasian c. Movements of expected credit losses
(lanjutan) (continued)
Perubahan kerugian kredit ekspektasian adalah sebagai The movements of expected credit losses are as
berikut (lanjutan): follows (continued):
2023
Tahap 1/ Tahap 2/ Tahap 3/ Jumlah/
Stage 1 Stage 2 Stage 3 Total
Saldo awal 2.043 1 2.069 4.113 Beginning balance
Aset keuangan yang
baru diperoleh 4.262 46 29.154 33.462 New financial assets
Perubahan model atau Change in model or
parameter 228 3 - 231 parameter
Perubahan bersih pada
eksposur dan Net change in exposure and
pengukuran kembali (3.686) (15) (31.263) (34.964) remeasurement
Aset keuangan yang telah
dihentikan Derecognition of financial
pengakuannya (14) - (33) (47) assets
Selisih kurs (9) - 73 64 Exchange rate difference
Saldo Akhir 2.824 35 - 2.859 Ending Balance
Manajemen berpendapat bahwa jumlah kerugian kredit Management believes that the expected credit losses
ekspektasian tagihan akseptasi telah memadai. on acceptance receivables is adequate.
d. Berdasarkan kolektibilitas OJK d. By OJK collectibility
Kolektibilitas tagihan akseptasi sesuai dengan peraturan Collectibility of acceptance receivables in accordance
OJK diungkapkan pada Catatan 61h. with the OJK regulation are disclosed in Note 61h.
15. OBLIGASI PEMERINTAH 15. GOVERNMENT BONDS
a. Berdasarkan jenis a. By type
2024 2023
Nilai Nilai Nilai Nilai
nominal/ tercatat/ nominal/ tercatat/
Nominal Carrying Nominal Carrying
value value value value
Nilai wajar melalui
penghasilan Fair value through other
komprehensif lain comprehensive income
(nilai wajar) (fair value)
- Suku bunga tetap 17.397.364 17.390.079 15.725.723 15.792.101 Fixed interest rate -
Nilai wajar melalui laba Fair value through profit or
rugi (nilai wajar) loss (fair value)
- Suku bunga tetap 1.319.257 1.309.344 512.335 526.307 Fixed interest rate -
Jumlah 18.716.621 18.699.423 16.238.058 16.318.408 Total
LAMPIRAN – 5/81 – SCHEDULE
648 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 651
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
15. OBLIGASI PEMERINTAH 15. GOVERNMENT BONDS
a. Berdasarkan jenis (lanjutan) a. By type (continued)
Suku bunga efektif rata-rata tertimbang per tahun atas The weighted average effective interest rate per
Obligasi Pemerintah dalam Rupiah dan mata uang annum for the year ended 31 December 2024 for
asing untuk tahun yang berakhir pada tanggal Government Bonds in Rupiah and foreign currencies
31 Desember 2024 adalah masing-masing 6,06% dan was 6.06% and 3.47%, respectively (2023: 5.66%
3,47% (2023: 5,66% dan 2,48%). and 2.48%).
Obligasi Pemerintah dengan nilai nominal setara Government Bonds with total nominal value
dengan Rp79.622.543 telah dijual selama tahun yang equivalent to Rp79,622,543 were sold during the year
berakhir pada tanggal 31 Desember 2024 (2023: ended 31 December 2024 (2023: Rp72,058,577) at
Rp72.058.577) pada harga yang berkisar antara prices ranging from 64.63% - 128.75% of nominal
64,63% - 128,75% dari nilai nominal (2023: 60,54% - value (2023: 60.54% - 131.41%). Meanwhile,
131,41%). Sementara itu, Obligasi Pemerintah dengan Government Bonds with total nominal value
nilai nominal setara dengan Rp87.370.659 telah dibeli equivalent to Rp87,370,659 were purchased during
selama tahun yang berakhir pada tanggal the year ended 31 December 2024 (2023:
31 Desember 2024 (2023: Rp75.589.937) pada harga Rp75,589,937) at prices ranging from 63.00% -
yang berkisar antara 63,00% - 128,73% dari nilai 128.73% of nominal value (2023: 58.50% - 131.38%).
nominal (2023: 58,50% - 131,38%).
Selama tahun berakhir pada tanggal 31 Desember During the year ended 31 December 2024,
2024, kerugian neto yang belum direalisasi atas unrealized net losses arising from changes in fair
perubahan nilai wajar Obligasi Pemerintah dalam value of Government Bonds classified as trading
klasifikasi diperdagangkan diakui pada laporan laba securities are recorded in profit or loss amounted to
rugi sebesar Rp10.642 (2023: keuntungan neto Rp10,642 (2023: net gains amounted to Rp2,784).
sebesar Rp2.784).
Bank dan Entitas Anak mengakui keuntungan neto atas The Bank and Subsidiary recognized net gains from
penjualan Obligasi Pemerintah sejumlah Rp259.527 the sale of Government Bonds amounted to
selama tahun yang berakhir pada tanggal Rp259,527 during year ended 31 December 2024
31 Desember 2024 (2023: keuntungan neto sebesar (2023: net gains amounted to Rp275,903).
Rp275.903).
b. Berdasarkan mata uang b. By currency
2024 2023
Rupiah 17.971.599 14.726.472 Rupiah
Mata uang asing (Catatan 53) 727.824 1.591.936 Foreign currencies (Note 53)
18.699.423 16.318.408
c. Berdasarkan jatuh tempo c. By maturity
2024 2023
Rupiah Rupiah
- Kurang dari 1 tahun 2.979.694 4.197.357 Less than 1 year -
- 1 - 5 tahun 4.929.431 7.227.767 1 - 5 years -
- 5 - 10 tahun 7.441.282 2.390.324 5 - 10 years -
- Lebih dari 10 tahun 2.621.192 911.024 More than 10 years -
17.971.599 14.726.472
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- Kurang dari 1 tahun 67.655 1.027.972 Less than 1 year -
- 1 - 5 tahun 211.716 194.388 1 - 5 years -
- 5 - 10 tahun 442.422 360.225 5 - 10 years -
- Lebih dari 10 tahun 6.031 9.351 More than 10 years -
727.824 1.591.936
.
Jumlah 18.699.423 16.318.408 Total
LAMPIRAN – 5/82 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 649
Page 652
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
15. OBLIGASI PEMERINTAH (lanjutan) 15. GOVERNMENT BONDS (continued)
d. Perubahan keuntungan/(kerugian) yang belum d. Movements of unrealized gains/(losses)
direalisasi
Perubahan keuntungan/(kerugian) yang belum Movements of unrealized gains/(losses) for
direalisasi atas Obligasi Pemerintah dalam kelompok Government Bonds measured at fair value through
diukur pada nilai wajar melalui penghasilan other comprehensive income are as follows:
komprehensif lain adalah sebagai berikut:
2024 2023
Saldo awal - sebelum Beginning balance - before
pajak penghasilan tangguhan (70.761) (248.501) deferred income tax
Penambahan (kerugian)/
keuntungan yang belum
direalisasi selama tahun Additional unrealized (losses)/
berjalan - neto (119.117) 193.248 gains during the year - net
Keuntungan yang direalisasi ke
laba rugi atas penjualan Realized gains to profit or loss
Obligasi Pemerintah selama from sale of Government
tahun berjalan - neto (8.488) (15.508) Bonds during the year - net
Jumlah sebelum pajak
penghasilan tangguhan (198.366) (70.761) Total before deferred income tax
Pajak penghasilan tangguhan 43.641 15.567 Deferred income tax
Saldo akhir - neto (154.725) (55.194) Ending balance - net
16. INVESTASI DALAM SAHAM 16. INVESTMENTS IN SHARES
Investasi dalam saham pada tanggal 31 Desember 2024 The investments in shares as of 31 December 2024 and
dan 2023 mencakup: 2023 included:
2024 2023
Persentase Nilai Persentase Nilai
kepemilikan/ tercatat/ kepemilikan/ tercatat/
Nama perusahaan/ Kegiatan usaha/ Percentage Carrying Percentage Carrying
Company name Business activity of ownership value of ownership value
PT Home Credit
Indonesia Pembiayaan/Multifinance 9,82% 396.870 9,83% 386.360
PT Bank Woori
Saudara Indonesia
1906 Tbk Bank/Banking 0,94% 56.958 1,63% 78.198
PT Kliring Lembaga Kliring dan
Penjaminan Efek Penjamin/Clearing and
Indonesia Guarantee Institution 1,11% 20.000 - -
PT Bank Chinatrust
Indonesia Bank/Banking 1,00% 1.500 1,00% 1.500
Usaha Patungan,
Telekomunikasi/Joint
Lain-lain/Other Venture,Telecommunication 0,24% - 4,21% 1.355 0,24% - 4,21% 1.355
476.683 467.413
Pada tanggal 2 Oktober 2023, ADMF melakukan On 2 October 2023, ADMF invested in PT Home Credit
penyertaan pada PT Home Credit Indonesia ("HCI") Indonesia ("HCI") with purchase price of EUR23,163,839
dengan harga beli sebesar EUR23.163.839 (nilai penuh) (full amount) or equivalent to Rp380,397 which represents
atau setara dengan Rp380.397 yang mewakili 9,83% dari 9.83% of the issued and paid up capital of HCI. After the
modal ditempatkan dan disetor HCI. Setelah transaksi purchase transaction was completed, there was an
pembelian selesai dilakukan, terdapat penyesuaian harga adjustment to the purchase price of Rp4,208 which was
beli sebesar Rp4.208 yang telah dibayarkan oleh ADMF paid by ADMF on 22 March 2024.
pada tanggal 22 Maret 2024.
LAMPIRAN – 5/83 – SCHEDULE
650 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 653
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
16. INVESTASI DALAM SAHAM (lanjutan) 16. INVESTMENTS IN SHARES (continued)
Pada tanggal 4 Maret 2024, HCI meningkatkan modal On 4 March 2024, HCI increased its authorized capital by
dasar dengan menerbitkan saham baru sebanyak 600 issuing 600 shares. All of these shares have been issued
lembar saham. Seluruh lembar saham tersebut telah and paid by shareholders other than ADMF, so that
ditempatkan dan disetor oleh pemegang saham selain ADMF’s ownership percentage in HCI became 9.82% of
ADMF, sehingga persentase kepemilikian ADMF pada the total nominal value of HCI shares.
HCI menjadi 9,82% dari jumlah nilai nominal saham HCI.
Perubahan keuntungan/(kerugian) yang belum Movements of unrealized gains/(losses)
direalisasi
Perubahan keuntungan/(kerugian) yang belum direalisasi Movements of unrealized gains/(losses) for investments in
atas investasi dalam saham dalam kelompok diukur pada shares measured at fair value through other
nilai wajar melalui penghasilan komprehensif lain adalah comprehensive others are as follows:
sebagai berikut:
2024 2023
Saldo awal - sebelum Beginning balance - before
pajak penghasilan tangguhan 69.998 69.998 deferred income tax
Penambahan kerugian
yang belum direalisasi selama Additional unrealized
tahun berjalan - neto (7.997) - losses during the year - net
Kerugian yang tidak direalisasi ke Realized loss not reclassified
laba rugi atas penjualan to profit or loss
investasi dalam saham selama from sale of investment in
tahun berjalan - neto (20) - share during the year - net
Jumlah sebelum pajak
penghasilan tangguhan 61.981 69.998 Total before deferred income tax
Pajak penghasilan tangguhan (2.704) - Deferred income tax
Saldo akhir - neto 59.277 69.998 Ending balance - net
17. ASET TAKBERWUJUD 17. INTANGIBLE ASSETS
2024
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Deductions December
Harga perolehan Cost
Perangkat lunak 3.114.336 413.660 - 3.527.996 Software
Goodwill 1.906.684 - - 1.906.684 Goodwill
5.021.020 413.660 - 5.434.680
Akumulasi Accumulated
amortisasi amortization
Perangkat lunak (2.374.384) (267.596) - (2.641.980) Software
Goodwill (832.151) - - (832.151) Goodwill
(3.206.535) (267.596) - (3.474.131)
Nilai buku neto 1.814.485 1.960.549 Net book value
LAMPIRAN – 5/84 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 651
Page 654
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
17. ASET TAKBERWUJUD (lanjutan) 17. INTANGIBLE ASSETS (continued)
2023
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Deductions December
Harga perolehan Cost
Perangkat lunak 2.784.736 338.333 (8.733) 3.114.336 Software
Goodwill 1.906.684 - - 1.906.684 Goodwill
4.691.420 338.333 (8.733) 5.021.020
Akumulasi Accumulated
amortisasi amortization
Perangkat lunak (2.127.270) (252.645) 5.531 (2.374.384) Software
Goodwill (832.151) - - (832.151) Goodwill
(2.959.421) (252.645) 5.531 (3.206.535)
Nilai buku neto 1.731.999 1.814.485 Net book value
Pada tanggal 31 Desember 2024, Bank dan Entitas Anak As of 31 December 2024, the Bank and Subsidiary had fully
memiliki aset takberwujud dengan jumlah biaya perolehan amortized intangible assets but still being used with cost
sebesar Rp2.009.560 yang telah diamortisasi secara penuh amounted to Rp2,009,560 (2023: Rp1,798,037).
tetapi masih digunakan (2023: Rp1.798.037).
Tidak ada kerugian penurunan nilai goodwill yang diakui No impairment losses on goodwill were recognized for the
selama tahun berakhir pada tanggal 31 Desember 2024. year ended 31 December 2024.
18. ASET TETAP DAN ASET HAK GUNA 18. FIXED ASSETS AND RIGHT-OF-USE ASSETS
2024 2023
Aset Tetap 1.760.452 1.542.514 Fixed assets
Aset Hak Guna 722.193 618.065 Right-of-use assets
2.482.645 2.160.579
a. Aset Tetap a. Fixed Assets
2024
1 31
Januari/ Penambahan/ Pengurangan/ Reklasifikasi Desember/
January Additions Deductions /Reclassified December
Harga perolehan Cost
Tanah 614.162 24.877 (12.191) - 626.848 Land
Bangunan 1.595.249 206.684 (11.670) 43.344 1.833.607 Buildings
Perlengkapan kantor 2.358.690 226.433 (610.280) - 1.974.843 Office equipment
Kendaraan bermotor 23.502 7.131 (9.295) - 21.338 Motor vehicles
4.591.603 465.125 (643.436) 43.344 4.456.636
Bangunan dalam Building in
penyelesaian 19.412 33.917 - (43.344) 9.985 progress
4.611.015 499.042 (643.436) - 4.466.621
Akumulasi Accumulated
penyusutan depreciation
Bangunan (998.248) (117.973) 7.469 - (1.108.752) Buildings
Perlengkapan kantor (2.057.165) (134.191) 604.049 - (1.587.307) Office equipment
Kendaraan bermotor (13.088) (3.927) 6.905 - (10.110) Motor vehicles
(3.068.501) (256.091) 618.423 - (2.706.169)
Nilai buku neto 1.542.514 1.760.452 Net book value
LAMPIRAN – 5/85 – SCHEDULE
652 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 655
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
18. ASET TETAP DAN ASET HAK GUNA (lanjutan) 18. FIXED ASSETS AND RIGHT-OF-USE (continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
2023
1 Januari/ Penambahan/ Pengurangan/ 31 Desember/
January Additions Deductions December
Harga perolehan Cost
Tanah 614.589 - (427) 614.162 Land
Bangunan 1.466.004 131.107 (1.862) 1.595.249 Buildings
Perlengkapan kantor 2.270.948 215.051 (127.309) 2.358.690 Office equipment
Kendaraan bermotor 27.589 2.971 (7.058) 23.502 Motor vehicles
4.379.130 349.129 (136.656) 4.591.603
Bangunan dalam Building in
penyelesaian - 19.412 - 19.412 progress
4.379.130 368.541 (136.656) 4.611.015
Akumulasi Accumulated
penyusutan depreciation
Bangunan (915.633) (84.292) 1.677 (998.248) Buildings
Perlengkapan kantor (2.082.284) (100.968) 126.087 (2.057.165) Office equipment
Kendaraan bermotor (13.450) (4.102) 4.464 (13.088) Motor vehicles
(3.011.367) (189.362) 132.228 (3.068.501)
Nilai buku neto 1.367.763 1.542.514 Net book value
Manajemen berpendapat bahwa tidak terdapat Management believes that there is no indication of
indikasi terjadinya penurunan nilai aset tetap. impairment in the value of fixed assets.
Termasuk dalam pengurangan aset tetap merupakan Fixed assets disposal includes sales of assets with
penjualan aset dengan rincian sebagai berikut: details as follows:
2024 2023
Hasil penjualan 35.225 4.491 Proceeds from sale
Nilai buku (24.611) (2.341) Net book value
Keuntungan penjualan Gain on sale
(Catatan 41 dan 42) 10.614 2.150 (Notes 41 and 42)
Pada tanggal 31 Desember 2024, aset tetap kecuali As of 31 December 2024, fixed assets except for land
tanah telah diasuransikan terhadap risiko kerugian are insured against losses arising from fire, flood, and
kebakaran, kebanjiran, dan risiko lainnya dengan nilai other risks with a total insurance coverage amounted
pertanggungan sejumlah Rp1.246.582 (2023: to Rp1,246,582 (2023: Rp1,144,019). Management
Rp1.144.019). Manajemen berpendapat bahwa nilai believes that the insurance coverage is adequate.
pertanggungan tersebut sudah memadai.
Pada tanggal 31 Desember 2024 dan 2023, semua aset As of 31 December 2024 and 2023, all fixed assets
tetap dimiliki secara langsung. are directly owned.
Pada tanggal 31 Desember 2024, Bank dan Entitas As of 31 December 2024, the Bank and Subsidiary
Anak memiliki aset tetap dengan jumlah biaya perolehan had fully depreciated fixed assets but still being used
sebesar Rp1.856.205 yang telah disusutkan secara with cost amounted to Rp1,856,205 (2023:
penuh tetapi masih digunakan (2023: Rp2.262.514). Rp2,262,514).
LAMPIRAN – 5/86 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 653
Page 656
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
18. ASET TETAP DAN ASET HAK GUNA (lanjutan) 18. FIXED ASSETS AND RIGHT-OF-USE (continued)
a. Aset Tetap (lanjutan) a. Fixed Assets (continued)
Estimasi nilai wajar aset tetap Bank dan Entitas Anak The estimated fair value of the Bank and Subsidiary
(tanah dan bangunan dinilai berdasarkan nilai jual objek fixed assets (land and building based on tax object
pajak) adalah sebesar Rp3.771.422 pada tanggal sale value) amounted to Rp3,771,422 as of
31 Desember 2024 (2023: Rp3.648.511) (tingkat 3). 31 December 2024 (2023: Rp3,648,511) (level 3).
Pada tanggal 31 Desember 2024, persentase nilai As of 31 December 2024 the percentage of carrying
tercatat bangunan dalam penyelesaian terhadap amount of building in progress to the estimated
estimasi nilai kontrak adalah 17,35% dan diperkirakan contract value is 17.35% and estimated to be
akan selesai pada akhir tahun 2025. completed at end of 2025.
b. Aset Hak Guna b. Right-Of-Use Assets
2024 2023
Harga perolehan 1.329.586 1.091.495 Cost
Akumulasi amortisasi (607.393) (473.430) Accumulated amortization
Nilai buku neto 722.193 618.065 Net book value
19. BEBAN DIBAYAR DIMUKA DAN ASET LAIN-LAIN 19. PREPAYMENTS AND OTHER ASSETS
2024 2023
Uang muka lain-lain 1.177.271 719.567 Other advances
Piutang bunga 1.055.562 1.067.208 Interest receivables
Agunan yang diambil alih - neto 320.073 477.276 Foreclosed assets - net
Setoran jaminan dan beban Security deposits and
dibayar dimuka 411.652 327.081 prepaid expenses
Receivables from sales of
Piutang atas penjualan efek-efek 314.727 450.575 marketable securities
Aset tetap yang tidak digunakan 64.599 66.100 Idle properties
Dana setoran kliring Deposits for clearing transactions
Bank Indonesia 29.202 58.074 with Bank Indonesia
Beban tangguhan - neto 26.937 60.029 Deferred expenses - net
Instrumen BI lainnya - Devisa Other BI instrument - Devisa Hasil
Hasil Ekspor (DHE) 16.095 754.453 Ekspor (DHE)
Receivables from credit card
Tagihan transaksi kartu kredit 1.107 2.778 transaction
Lain-lain 1.680.184 1.652.432 Others
5.097.409 5.635.573
Dikurangi: Less:
Kerugian kredit ekspektasian (33.959) (29.668) Expected credit losses
5.063.450 5.605.905
Saldo di atas terdiri dari beban dibayar dimuka dan aset lain- The above balance consists of prepayments and other
lain dalam Rupiah dan mata uang asing masing-masing assets in Rupiah and foreign currencies of Rp4,829,460
sebesar Rp4.829.460 dan Rp267.949 (2023: Rp4.329.548 and Rp267,949 (2023: Rp4,329,548 and Rp1,306,025)
dan Rp1.306.025) (Catatan 53). (Note 53), respectively.
LAMPIRAN – 5/87 – SCHEDULE
654 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 657
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
19. BEBAN DIBAYAR DIMUKA DAN ASET LAIN-LAIN 19. PREPAYMENTS AND OTHER ASSETS (continued)
(lanjutan)
Instrumen BI lainnya – Devisa Hasil Ekspor (DHE) Other BI instrument – Devisa Hasil Ekspor (DHE)
Berdasarkan ketentuan dalam PBI No. 7 tahun 2023 tentang Based on provisions in PBI No. 7 of 2023 concerning
Devisa Hasil Ekspor dan Devisa Pembayaran Impor, Foreign Exchange from Export Proceeds and Foreign
eksportir SDA (Sumber Daya Alam) dapat menempatkan Exchange from Import Payments, SDA (Natural
dana dari rekening khusus (Reksus) DHE SDA pada Resources) exporters can place funds from the DHE SDA
instrumen yang diterbitkan oleh Bank Sentral Indonesia special account (Reksus) in an instrument issued by
berupa Term Deposit Valas Devisa Hasil Ekspor (TD Valas Central Bank of Indonesia in the form of a Term Deposit in
DHE) melalui produk penempatan dana appointed bank. Foreign Exchange from Export Proceeds (TD Foreign
Bank adalah appointed bank dan akun ini adalah Exchange DHE) through fund placement products of
penempatan dana DHE dari eksportir pada instrumen TD appointed bank. The Bank is an appointed bank and this
Valas DHE yang diterbitkan oleh Bank Sentral Indonesia. account is placement of DHE fund from exporter to DHE
Foreign Exchange TD instrument issued by Central Bank
of Indonesia.
Piutang bunga Interest receivables
Termasuk dalam piutang bunga adalah piutang bunga Included in interest receivables is interest receivable from
Obligasi Pemerintah sebesar Rp282.452 untuk Rupiah dan Government Bonds of Rp282,452 for Rupiah and
Rp11.447 untuk mata uang asing (2023: Rp191.186 untuk Rp11,447 for foreign currency (2023: Rp191,186 for
Rupiah dan Rp23.456 untuk mata uang asing). Rupiah and Rp23,456 for foreign currency).
Setoran jaminan dan beban dibayar dimuka Security deposits and prepaid expenses
Termasuk dalam akun ini adalah setoran jaminan sebesar Included in these accounts are pledged security deposits
Rp49.490 (2023: Rp28.035) dan beban sewa dan of Rp49,490 (2023: Rp28,035) and prepaid rent and
pemeliharaan dibayar dimuka sebesar Rp154.883 (2023: maintenance of Rp154,883 (2023: Rp124,071).
Rp124.071).
20. INVESTASI PADA ENTITAS ASOSIASI 20. INVESTMENT IN ASSOCIATE
Pada tanggal 31 Desember 2024 dan 2023, entitas As of 31 December 2024 and 2023, the associate of the
asosiasi yang dimiliki oleh Bank dan Entitas Anak adalah Bank and Subsidiary were as follows:
sebagai berikut:
2024 2023
Persentase
Bidang kepemilikan/
usaha/ % of Nilai tercatat/ Nilai tercatat/
Nama entitas/ Type of ownership Aset bersih/ Carrying Aset bersih/ Carrying
Name of entity business interest Net assets amount Net assets amount
PT Zurich
Asuransi
Indonesia Tbk Asuransi/
(“ZAI”) Insurance 19,81% 4.430.677 968.670 4.372.559 957.158
PT Mandala
Multifinance Tbk Pembiayaan/
(“MFIN”) Financing 10,00% 3.896.707 901.143 - -
1.869.813 957.158
Bank Bank
PT Zurich Asuransi Indonesia Tbk PT Zurich Asuransi Indonesia Tbk
Investasi pada ZAI diklasifikasikan sebagai investasi pada Investment in ZAI is classified as investment in
entitas asosiasi yang mana kepemilikan Bank atas ZAI associate with the remaining ownership in ZAI of
menjadi sebesar 19,81% setelah adanya penjualan ZAI ke 19.81% after the sale of ZAI to Zurich and ZAI’s new
Zurich dan penerbitan saham baru ZAI yang telah shares issuance which approved by OJK Financial
memperoleh persetujuan dari OJK Industri Keuangan Industry Non Bank on 27 September 2019 and
Non-Bank pada 27 September 2019 dan kemudian Bapepam - LK on 22 November 2019.
persetujuan dari Bapepam - LK pada 22 November 2019.
LAMPIRAN – 5/88 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 655
Page 658
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
20. INVESTASI PADA ENTITAS ASOSIASI (lanjutan) 20. INVESTMENT IN ASSOCIATE (continued)
Bank (lanjutan) Bank (continued)
PT Zurich Asuransi Indonesia Tbk (lanjutan) PT Zurich Asuransi Indonesia Tbk (continued)
Bank memiliki secara langsung saham Entitas Asosiasi The Bank has direct ownership of the Associate’s share
yang terdiri dari saham biasa. Negara tempat pendirian which consists of ordinary shares. The country of
atau pendaftaran merupakan lokasi bisnis yang utama. incorporation or registration is also their principal place
of business.
Meskipun Bank memiliki kurang dari 20% saham ZAI, Although the Bank holds less than 20% of the equity
Bank memiliki pengaruh signifikan dengan menjalankan shares of ZAI, the Bank exercises significant influence
hak kontraktualnya melalui penunjukkan Wakil Direktur by virtue of its contractual right to appoint Vice President
Utama dan Wakil Presiden Komisaris entitas tersebut Director and Vice President Commissioner of that entity
serta memiliki kekuatan untuk berpartisipasi dalam and has the power to participate in the financial and
pengambilan keputusan keuangan dan operasi ZAI. operating policy decisions of ZAI.
Tabel di bawah ini menyajikan informasi keuangan dari The following table summarizes the financial information of
investasi Bank pada ZAI seperti yang termasuk dalam the Bank’s investment in ZAI as included in its own financial
laporan keuangan terpisahnya, yang disesuaikan dengan statements, adjusted for fair value adjustments at
penyesuaian nilai wajar pada saat akuisisi dan perbedaan acquisition and differences in accounting policies. The table
kebijakan akuntansi. Tabel di bawah juga merekonsiliasi also reconciles financial information to the carrying amount
informasi keuangan ke nilai tercatat kepentingan Bank of the Bank’s interest in ZAI:
pada ZAI:
2024 2023
Jumlah aset 9.333.641 9.209.902 Total assets
Jumlah liabilitas dan dana Tabarru (4.901.938) (4.836.427) Total liabilities and Tabarru fund
Kepentingan non-pengendali (1.026) (916) Non-controlling interest
Aset bersih (100%) 4.430.677 4.372.559 Net assets (100%)
Persentase kepemilikan (19,81%) Percentage of ownership (19.81%)
Bagian Bank atas aset bersih 877.717 866.205 The Bank’s share of net assets
Penyesuaian nilai wajar 429.004*) *) 429.004
*)**)
Fair value adjustments
Efek dilusi setoran modal saham ZAI (328.351) (328.351) Effect dilution share capital ZAI
Penyesuaian (9.700) (9.700) Adjustment
Nilai tercatat dari investasi pada Carrying amount of investment
entitas asosiasi 968.670 957.158 in associate
2024 2023
Pendapatan premi - bersih 2.414.820 1.959.557 Premium income - net
Beban underwriting (1.613.290) (1.317.346) Underwriting expenses
Penghasilan investasi 336.920 288.107 Investment income
Beban usaha (1.146.666) (1.005.229) Operating expenses
Pendapatan usaha lainnya - bersih 173.150 146.262 Other operating income - net
Beban pajak final dan pajak penghasilan (84) 14.064 Final tax and income tax expense
Laba bersih - entitas induk 164.850 85.415 Net profit - parent entity
Kepentingan non-pengendali 117 43 Minority interest
Laba bersih 164.967 85.458 Net profit
Penghasilan komprehensif lain Other comprehensive income
- entitas induk (47.180) 11.881 parent entity -
Jumlah laba komprehensif Total comprehensive income
- entitas induk 117.670 97.296 parent entity -
Bagian Bank atas jumlah laba The Bank’s share of total
komprehensif 23.310 19.274 comprehensive income
*) *)
Berdasarkan Laporan Penilai Independen dari Desmar, Ferdinan dan Rekan (DFH & Rekan). Based on Independent Appraisal Report of Desmar, Ferdinan dan Rekan (DFH & Partner).
LAMPIRAN – 5/89 – SCHEDULE
656 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 659
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
20. INVESTASI PADA ENTITAS ASOSIASI (lanjutan) 20. INVESTMENT IN ASSOCIATE (continued)
Bank (lanjutan) Bank (continued)
PT Zurich Asuransi Indonesia Tbk (lanjutan) PT Zurich Asuransi Indonesia Tbk (continued)
Rekonsiliasi atas ringkasan informasi keuangan yang disajikan Reconciliation of the summarized financial information
terhadap nilai buku dari kepentingan entitas asosiasi adalah presented to the carrying amount of its interest in associate is
sebagai berikut: as follows:
2024 2023
Nilai tercatat 957.158 959.239 Carrying amount
Dividen (11.871) (21.145) Dividend
Laba bersih yang diserap 32.656 16.921 Net income absorbed
Penghasilan komprehensif lain yang Other comprehensive income
diserap (9.346) 2.353 absorbed
Penyesuaian Lainnya 73 (210) Other Adjustment
Nilai tercatat 968.670 957.158 Carrying amount
Berdasarkan Anggaran Dasar ZAI yang dituangkan dalam Based on ZAI’s Article of Association No.181 dated
Akta No.181 tanggal 27 November 2019, kepemilikan Bank 27 November 2019, the Bank's ownership of the ZAI shares
atas saham ZAI menjadi 19,81%, sehingga laporan to 19.81%, so that the financial statements of ZAI are no
keuangan ZAI tidak lagi dikonsolidasikan ke Bank. longer consolidated into the Bank. The ZAI ownership is
Kepemilikan ZAI dicatat oleh Bank sebagai investasi pada recorded by the Bank as an investment in associate entity.
entitas asosiasi. Sebagai bagian dari penjualan saham, Bank As part of the sale of share, the Bank will receive additional
akan menerima pertimbangan tambahan sebagai consideration provided that there is an increase in the value
peningkatan nilai saham yang dijual oleh Bank ke Zurich yang of shares sold by the Bank to Zurich which calculated based
dihitung berdasarkan metrik kinerja Bank dan ADMF dalam on the performance metric of the Bank and ADMF in
memberikan kontribusi premi bruto ke ZAI. contributing gross written premium for ZAI.
Pada tanggal 27 November 2019, Bank dan ADMF telah On 27 November 2019, the Bank and ADMF received
menerima imbalan dari ZAI sebesar Rp1.494.000 dan akan fees from ZAI amounted to Rp1,494,000 and will be
diamortisasi selama periode kontrak. Pada saat yang sama, amortized over the contract period. Concurrently, ZAI
ZAI menjalin kemitraan strategis jangka panjang selama has entered into long-term strategic partnership
20 tahun dengan Bank dan ADMF. agreements for 20 years period with the Bank and
ADMF.
Entitas Anak Subsidiary
PT Mandala Multifinance Tbk PT Mandala Multifinance Tbk
Pada tanggal 23 Juni 2023, ADMF telah menandatangani On 23 June 2023, ADMF has signed a conditional sale
suatu perjanjian jual beli bersyarat sehubungan dengan and purchase agreement in connection with acquisition
pengambilalihan 10% dari seluruh saham yang dikeluarkan of 10% of all shares issued by PT Mandala Multifinance
PT Mandala Multifinance Tbk ("MFIN") dengan nilai transaksi Tbk ("MFIN") with the transaction price of
sebesar Rp873.700. Transaksi jual beli saham telah selesai Rp873,700.The shares sale and purchase transaction
dilakukan pada tanggal 13 Maret 2024. Penyertaan ini dicatat has been completed on 13 March 2024. This investment
dengan menggunakan metode ekuitas. is accounted for using the equity method.
ADMF memiliki secara langsung saham entitas asosiasi yang ADMF has direct ownership of the associate’s share,
terdiri dari saham biasa. Negara tempat pendirian atau which consists of ordinary shares. The country of
pendaftaran merupakan lokasi bisnis yang utama. incorporation or registration is also their principal place
of business.
Meskipun ADMF memiliki kurang dari 20% saham MFIN, Although ADMF holds less than 20% of the equity
Perseroan memiliki pengaruh signifikan yang ditunjukkan shares of MFIN, ADMF has significant influence as
dengan dua direktur ADMF yang menjabat sebagai komisaris demonstrated by two ADMF’s directors hold a position
MFIN. Dengan adanya kondisi tersebut, ADMF dianggap as a commissioner of MFIN. Given this condition, ADMF
memiliki kekuatan untuk berpartisipasi dalam pengambilan is considered has the power to participate in the financial
keputusan keuangan dan operasi MFIN. and operating policy decisions of MFIN.
LAMPIRAN – 5/90 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 657
Page 660
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
20. INVESTASI PADA ENTITAS ASOSIASI (lanjutan) 20. INVESTMENT IN ASSOCIATE (continued)
Entitas Anak (lanjutan) Subsidiary (lanjutan)
PT Mandala Multifinance Tbk (lanjutan) PT Mandala Multifinance Tbk (continued)
Pada tanggal 30 Desember 2024, ADMF menerima On 30 December 2024, ADMF received a stock dividend
dividen saham dari MFIN yang mengakibatkan from MFIN, resulting in an increase in the number of
peningkatan jumlah saham yang dimiliki dari 265.000.000 shares owned from 265,000,000 shares to 267,703,000
lembar saham menjadi 267.703.000 lembar saham. shares. The increase in the number of shares does not
Peningkatan lembar saham tidak menyebabkan cause a change in ownership percentage.
perubahan pada persentase kepemilikan.
Tabel di bawah ini menyajikan informasi keuangan dari The following table summarizes the financial information of
investasi ADMF pada MFIN seperti yang termasuk dalam ADMF’s investment in MFIN as included in its own financial
laporan keuangan terpisahnya, yang disesuaikan dengan statements, adjusted for fair value adjustments at
penyesuaian nilai wajar pada saat akuisisi. Tabel di bawah acquisition. The table also reconciles financial information
juga merekonsiliasi informasi keuangan ke nilai tercatat to the carrying amount of ADMF’s interest in MFIN:
kepentingan ADMF pada MFIN:
2024
Jumlah aset 6.676.450 Total assets
Jumlah liabilitas (2.779.743) Total liabilities
Aset bersih (100%) 3.896.707 Net assets (100%)
Persentase kepemilikan (10%) Percentage of ownership (10%)
Bagian ADMF atas aset bersih 389.671 ADMF’s share of net assets
Penyesuaian nilai wajar dan lainnya 536.922 Fair value and others adjustment
Amortisasi atas penyesuaian nilai wajar (25.450) Amortization of fair value adjustment
Nilai tercatat dari investasi pada entitas Carrying amount of investment
asosiasi 901.143 in associate
Pendapatan 2.372.024 Income
Laba bersih 517.940 Net income
Jumlah penghasilan komprehensif 500.276 Total comprehensive income
ADMF share of total
Bagian ADMF atas jumlah laba komprehensif 50.028 comprehensive income
Rekonsiliasi atas ringkasan informasi keuangan yang Reconciliation of the summarized financial information
disajikan terhadap nilai buku dari kepentingan entitas presented to the carrying amount of its interest in associate
asosiasi adalah sebagai berikut: is as follows:
2024
Nilai tercatat - 13 Maret 2024 339.643 Carrying amount - 13 March 2024
Penyesuaian nilai wajar dan lainnya 541.390 Fair value and others adjustment
Amortisasi atas penyesuaian nilai wajar (25.450) Amortization of fair value adjustment
Laba bersih yang diserap - 10 bulan 45.560 Net income absorbed - 10 months
Nilai tercatat 901.143 Carrying amount
LAMPIRAN – 5/91 – SCHEDULE
658 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 661
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
21. SIMPANAN NASABAH 21. DEPOSITS FROM CUSTOMERS
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
- Giro 21.799.390 26.499.872 Current accounts -
- Tabungan 30.857.915 33.475.298 Savings -
- Deposito berjangka 79.465.129 58.954.572 Time deposits -
132.122.434 118.929.742
Mata uang asing Foreign currencies
(Catatan 53) (Note 53)
- Giro 4.298.653 7.080.074 Current accounts -
- Tabungan 5.330.493 4.693.838 Savings -
- Deposito berjangka 8.817.889 7.708.158 Time deposits -
18.447.035 19.482.070
150.569.469 138.411.812
Sesuai dengan Peraturan Pemerintah No.66 Tahun 2008 Based on Government Regulation No.66 year 2008
tanggal 13 Oktober 2008 tentang “Besaran Nilai dated 13 October 2008 regarding “The Savings Amount
Simpanan yang Dijamin Lembaga Penjamin Simpanan Guaranteed by the Deposit Insurance Agency (LPS)”
(LPS)” maka nilai simpanan setiap nasabah pada satu the savings amount for each customer in a Bank which
Bank yang dijamin oleh Pemerintah maksimum sebesar is guaranteed by the Government up to Rp2 billion. In
Rp2 miliar. Adapun berdasarkan Salinan Peraturan addition, based on LPS Regulation No.1 year 2023
Lembaga Penjamin Simpanan No.1 tahun 2023 tanggal dated 25 May 2023 regarding the changes in LPS
25 Mei 2023 tentang perubahan atas Peraturan Lembaga Regulation No.2/PLPS/2010 regarding Deposit
Penjamin Simpanan No.2/PLPS/2010 tentang Program Insurance Program dated 25 November 2010, customer
Penjaminan Simpanan tanggal 25 November 2010, deposit is guaranteed by LPS if deposit is recorded in
simpanan nasabah dijamin oleh LPS jika simpanan the Bank’s book; deposit interest is not exceeding LPS
tercatat di pembukuan Bank; tingkat suku bunga rate; and the depositor does not do any activity that
simpanan tidak melebihi maksimum tingkat suku resulted in unsound of the Bank.
penjaminan LPS; dan deposan bukan sebagai pihak yang
menyebabkan keadaan Bank menjadi tidak sehat.
b. Suku bunga efektif rata-rata tertimbang per b. The weighted average effective interest rates
tahun yang berakhir pada tanggal 31 Desember per annum for the year ended 31 December
2024 dan 2023 2024 and 2023
2024 2023
Rupiah Rupiah
- Giro 2,87% 2,16% Current accounts -
- Tabungan 1,62% 2,08% Savings -
- Deposito berjangka 5,31% 4,29% Time deposits -
Mata uang asing Foreign Currency
- Giro 2,34% 2,01% Current accounts -
- Tabungan 0,28% 0,22% Savings -
- Deposito berjangka 3,94% 3,15% Time deposits -
c. Simpanan yang diblokir dan dijadikan jaminan c. Amounts blocked and pledged as loan
atas pinjaman yang diberikan collaterals
Simpanan nasabah yang diblokir dan dijadikan Deposit from customers that are blocked and
jaminan atas pinjaman yang diberikan pada pledged as loan collateral as of 31 December 2024
31 Desember 2024 dan 2023 adalah masing-masing and 2023 amounted to Rp4,893,023 and
sebesar Rp4.893.023 dan Rp3.378.281. Rp3,378,281, respectively.
LAMPIRAN – 5/92 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 659
Page 662
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
22. SIMPANAN DARI BANK LAIN 22. DEPOSITS FROM OTHER BANKS
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
- Giro 1.123.237 1.189.573 Current accounts -
- Tabungan 390.164 465.715 Savings -
- Deposito dan deposits on call 572.195 324.914 Deposits and deposits on call -
- Call Money 1.550.000 250.000 Call money -
3.635.596 2.230.202
Mata uang asing Foreign currencies
(Catatan 53) (Note 53)
- Deposito 529.319 - Deposits -
- Giro 39.834 39.328 Current accounts -
- Call Money - 762.160 Call Money -
569.153 801.488
4.204.749 3.031.690
b. Suku bunga efektif rata-rata tertimbang per b. The weighted average effective interest rates
tahun untuk tahun berakhir pada tanggal per annum for the year ended 31 December
31 Desember 2024 dan 2023 2024 and 2023
2024 2023
Rupiah Rupiah
- Call money 6,31% 5,76% Call money -
- Giro 2,11% 1,90% Current accounts -
- Tabungan 1,46% 1,53% Savings -
- Deposito dan deposits on call 4,55% 3,20% Deposits and deposits on call -
2024 2023
Mata uang asing Foreign Currency
- Call money 2,71% 1,39% Call money -
- Giro 1,14% 2,01% Current accounts -
- Tabungan - 0,22% Savings -
- Deposito dan deposits on call 3,16% 3,15% Deposits and deposits on call -
23. UTANG AKSEPTASI 23. ACCEPTANCE PAYABLES
a. Berdasarkan pihak dan mata uang a. By party and currency
2024 2023
Rupiah Rupiah
- Bank lain 100.784 87.533 Other banks -
- Debitur 37.063 17.528 Debtors -
137.847 105.061
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- Bank lain 662.290 948.991 Other banks -
- Debitur 335.863 486.570 Debtors -
998.153 1.435.561
Jumlah 1.136.000 1.540.622 Total
LAMPIRAN – 5/93 – SCHEDULE
660 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 663
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
23. UTANG AKSEPTASI (lanjutan) 23. ACCEPTANCE PAYABLES (continued)
b. Berdasarkan jatuh tempo b. By maturity
2024 2023
Rupiah Rupiah
- Kurang dari 1 bulan 96.890 63.000 Less than 1 month -
- 1 - 3 bulan 28.702 30.502 1 - 3 months -
- > 3 - 6 bulan 12.255 11.559 > 3 - 6 months -
137.847 105.061
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- Kurang dari 1 bulan 361.921 649.763 Less than 1 month -
- 1 - 3 bulan 358.153 514.685 1 - 3 months -
- > 3 - 6 bulan 260.554 173.292 > 3 - 6 months -
- > 6 - 12 bulan 17.525 97.821 > 6 - 12 months -
998.153 1.435.561
Jumlah 1.136.000 1.540.622 Total
24. UTANG OBLIGASI 24. BONDS PAYABLE
Entitas Anak Subsidiary
a. Utang Obligasi ADMF a. ADMF’s Bonds Payable
2024 2023
Rupiah Rupiah
Nilai nominal 6.390.610 5.896.750 Nominal value
Dikurangi: Less:
Beban emisi obligasi yang Unamortized bond
belum diamortisasi (12.780) (11.644) issuance cost
Eliminasi untuk keperluan Elimination for consolidation
konsolidasian (70.600) (49.650) purpose
Jumlah - neto 6.307.230 5.835.456 Total - net
Beban amortisasi yang
dibebankan ke laporan laba Amortization costs charged
rugi 9.492 5.736 to the profit or loss
Sesuai dengan perjanjian perwaliamanatan obligasi, According to the trustee bonds agreement, except
kecuali Obligasi Berkelanjutan V dan Obligasi Continuing Bonds V and Continuing Bonds VI, ADMF
Berkelanjutan VI, ADMF memberikan jaminan fidusia provides collateral with fiduciary transfer of consumer
berupa piutang pembiayaan konsumen (Catatan 12) financing receivables (Note 12) and debt to equity ratio
dan rasio jumlah pinjaman terhadap ekuitas tidak does not exceed the provision, which maximum 10:1.
melebihi ketentuan, yaitu maksimal 10:1. Selain itu, Moreover, during the time that the bonds principals are
selama pokok obligasi belum dilunasi, ADMF tidak still outstanding, ADMF is not allowed to, among
diperkenankan, antara lain melakukan penggabungan others, merged unless performed on the same
usaha kecuali dilakukan pada bidang usaha yang business and to sell or assign more than 40% of
sama serta menjual atau mengalihkan lebih dari 40% ADMF’s non-consumer financing receivables assets.
aset ADMF yang bukan piutang pembiayaan
konsumen.
Pada tanggal 31 Desember 2024 dan 2023, ADMF As of 31 December 2024 and 2023, ADMF had paid
telah melakukan pembayaran bunga obligasi sesuai the bonds interest on schedule as stated in the trustee
dengan jatuh tempo yang telah ditetapkan dalam agreement and complied with all the requirements
perjanjian perwaliamanatan dan telah memenuhi mentioned in the trustee agreement. Total principal of
seluruh persyaratan yang disebutkan dalam perjanjian bonds have been paid in accordance with the
perwaliamanatan. Jumlah pokok utang obligasi telah respective bonds’ maturity date.
dibayarkan sesuai dengan tanggal jatuh tempo
obligasi yang bersangkutan.
LAMPIRAN – 5/94 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 661
Page 664
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
24. UTANG OBLIGASI (lanjutan) 24. BONDS PAYABLE (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
a. Utang Obligasi ADMF (lanjutan) a. ADMF’s Bonds Payable (continued)
Pada tanggal 31 Desember 2024 dan 2023, seluruh As of 31 December 2024 and 2023, all of ADMF’s
obligasi ADMF mendapat peringkat idAAA dari bonds are rated idAAA by PT Pemeringkat Efek
PT Pemeringkat Efek Indonesia (Pefindo). Indonesia (Pefindo).
Beban bunga atas utang obligasi untuk tahun yang The interest expenses of bonds payable for the
berakhir pada tanggal 31 Desember 2024 dan 2023 year ended 31 December 2024 and 2023 amounted to
masing-masing sebesar Rp383.917 dan Rp336.800. Rp383,917 and Rp336,800, respectively.
Rata-rata tertimbang tingkat suku bunga efektif per The weighted average effective interest rate per
tahun atas utang obligasi pada tanggal 31 Desember annum on bonds payable as of 31 December 2024 and
2024 dan 2023 masing-masing sebesar 6,33% dan 2023 was 6.33% and 6.54%.
6,54%.
b. Penawaran umum efek utang ADMF b. Public offering of ADMF’s debt securities
Pada tanggal 31 Desember 2024, obligasi yang telah As of 31 December 2024, ADMF’s bonds issued are
diterbitkan oleh ADMF adalah sebagai berikut: as follows:
Tanggal Skedul
pernyataan pembayaran
efektif/ bunga/
Effective Interest
Efek utang/ notification Nomor surat/ Jumlah/ Wali amanat/ payment
Debt securities date Letter number Amount The trustee schedule
Obligasi Berkelanjutan V Adira Finance
Tahap III Tahun 2022/Adira Finance
Continuing Bonds V Phase III Year 2022 PT Bank Negara
(Obligasi Berkelanjutan V Tahap 30 Juni/ No. Indonesia (Persero) Triwulan/
III/Continuing Bonds V Phase III) June 2020 S-182/D.04/2020 1.700.000 Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance
Tahap I Tahun 2023/Adira Finance
Continuing Bonds VI Phase I Year 2023 PT Bank Negara
(Obligasi Berkelanjutan VI Tahap 27 Juni/ No. Indonesia (Persero) Triwulan/
I/Continuing Bonds VI Phase I) June 2023 S-164/D.04/2023 1.700.000 Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance
Tahap II Tahun 2023/Adira Finance
Continuing Bonds VI Phase II Year 2023 PT Bank Negara
(Obligasi Berkelanjutan VI Tahap 27 Juni/ No. Indonesia (Persero) Triwulan/
II/Continuing Bonds VI Phase II) June 2023 S-164/D.04/2023 1.250.000 Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance
Tahap III Tahun 2024/Adira Finance
Continuing Bonds VI Phase III Year 2024 PT Bank Negara
(Obligasi Berkelanjutan VI Tahap 27 Juni/ No. Indonesia (Persero) Triwulan/
III/Continuing Bonds VI Phase III) June 2023 S-164/D.04/2023 1.600.000 Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance
Tahap IV Tahun 2024/Adira Finance
Continuing Bonds VI Phase IV Year 2024 PT Bank Negara
(Obligasi Berkelanjutan VI Tahap 27 Juni/ No. Indonesia (Persero) Triwulan/
IV/Continuing Bonds VI Phase IV) June 2023 S-164/D.04/2023 2.000.000 Tbk Quarterly
LAMPIRAN – 5/95 – SCHEDULE
662 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 665
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
24. UTANG OBLIGASI (lanjutan) 24. BONDS PAYABLE (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
b. Penawaran umum efek utang ADMF (lanjutan) b. Public offering of ADMF’s debt securities
(continued)
Rincian tingkat bunga dan jatuh tempo masing-masing Details of interest rate and maturity date of each serial
seri efek utang yang diterbitkan: of debt securities issued:
Tingkat
Tahun Nilai bunga tetap/
penerbitan/ nominal/ Fixed
Efek utang/ Year of Nominal interest Jatuh tempo/ Cicilan pokok efek utang/
Debt securities issuance value rate Due date Debt securities installment
Obligasi Berkelanjutan V Tahap III
/Continuing Bonds V Phase III
Pembayaran penuh pada saat
22 Maret/ jatuh tempo/Bullet payment on
Seri B/Serial B 2022 830.000 5,60% March 2025 due date
Pembayaran penuh pada saat
22 Maret/ jatuh tempo/Bullet payment on
Seri C/Serial C 2022 250.000 6,25% March 2027 due date
Obligasi Berkelanjutan VI Tahap I
/Continuing Bonds VI Phase I
Pembayaran penuh pada saat
7 Juli/ jatuh tempo/Bullet payment on
Seri B/Serial B 2023 410.000 6,00% July 2026 due date
Pembayaran penuh pada saat
7 Juli/ jatuh tempo/Bullet payment on
Seri C/Serial C 2023 885.000 6,25% July 2028 due date
Obligasi Berkelanjutan VI Tahap II
/Continuing Bonds VI Phase II
Pembayaran penuh pada saat
9 November/ jatuh tempo/Bullet payment on
Seri B/Serial B 2023 385.235 6,50% November 2026 due date
Pembayaran penuh pada saat
9 November/ jatuh tempo/Bullet payment on
Seri C/Serial C 2023 30.375 6,55% November 2028 due date
Obligasi Berkelanjutan VI Tahap III
/Continuing Bonds VI Phase III
Pembayaran penuh pada saat
13 Mei/ jatuh tempo/Bullet payment on
Seri A/Serial A 2024 1.079.204 6,40% May 2025 due date
Pembayaran penuh pada saat
3 Mei/ jatuh tempo/Bullet payment on
Seri B/Serial B 2024 391.461 6,55% May 2027 due date
Pembayaran penuh pada saat
3 Mei/ jatuh tempo/Bullet payment on
Seri C/Serial C 2024 129.335 6,65% May 2029 due date
Obligasi Berkelanjutan VI Tahap IV
/Continuing Bonds VI Phase IV
Pembayaran penuh pada saat
20 Oktober/ jatuh tempo/Bullet payment on
Seri A/Serial A 2024 785.000 6,45% October 2025 due date
Pembayaran penuh pada saat
10 Oktober/ jatuh tempo/Bullet payment on
Seri B/Serial B 2024 815.000 6,70% October 2027 due date
Pembayaran penuh pada saat
10 Oktober/ jatuh tempo/Bullet payment on
Seri C/Serial C 2024 400.000 6,80% October 2029 due date
LAMPIRAN – 5/96 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 663
Page 666
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
25. SUKUK MUDHARABAH
\ 25. MUDHARABAH BONDS
Entitas Anak Subsidiary
a. Sukuk Mudharabah ADMF a. ADMF’s Mudharabah Bonds
2024 2023
Nilai nominal: Nominal value:
Sukuk Mudharabah Berkelanjutan III Continuing Mudharabah Bonds III
Tahap III - 32.000 Phase III
Sukuk Mudharabah Berkelanjutan III Continuing Mudharabah Bonds III
Tahap IV - 14.000 Phase IV
Sukuk Mudharabah Berkelanjutan IV Continuing Mudharabah Bonds IV
Tahap II - 66.000 Phase II
Sukuk Mudharabah Berkelanjutan IV Continuing Mudharabah Bonds IV
Tahap III 147.000 147.000 Phase III
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap I 236.000 300.000 Phase I
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap II 48.830 300.000 Phase II
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap III 400.000 - Phase III
Jumlah - neto 831.830 859.000 Total - net
Bagian yang jatuh tempo dalam
waktu satu tahun 387.980 427.170 Current portion
Bagian yang jatuh tempo lebih
dari satu tahun 443.850 431.830 Non-current portion
Sesuai dengan perjanjian perwaliamanatan sukuk According to the trustee mudharabah bonds
mudharabah, kecuali Sukuk Mudharabah Berkelanjutan agreement, except Continuing Mudharabah Bonds IV
IV dan Sukuk Mudharabah Berkelanjutan V, ADMF and Continuing Mudharabah Bonds V, ADMF
memberikan jaminan fidusia berupa piutang provides collateral with fiduciary transfer of
pembiayaan Murabahah (Catatan 12) dan rasio jumlah Murabahah financing receivables (Note 12) and debt
pinjaman terhadap ekuitas tidak melebihi ketentuan, to equity ratio does not exceed the covenant, which is
yaitu maksimal 10:1. Selain itu, selama pokok sukuk maximum of 10:1. Moreover, during the time that the
mudharabah belum dilunasi, ADMF tidak mudharabah bonds principals are still outstanding,
diperkenankan, antara lain melakukan penggabungan ADMF is not allowed to, among others, merged
usaha kecuali dilakukan pada bidang usaha yang sama unless performed on the same business and to sell or
serta menjual atau mengalihkan lebih dari 40% aset assign more than 40% of ADMF’s non-consumer
ADMF yang bukan piutang pembiayaan konsumen. financing receivables assets.
Pendapatan bagi hasil sukuk mudharabah dihitung Sharing revenue of mudharabah bonds is calculated
berdasarkan perkalian antara nisbah bagi hasil dengan by multiplication of sharing revenue ratio and margin
margin yang diperoleh ADMF dari hasil pembiayaan that ADMF earned from mudharabah financing.
mudharabah.
ADMF telah melakukan pembayaran bagi hasil sesuai ADMF had paid the revenue sharing on schedule as
dengan jatuh tempo yang telah ditetapkan dalam stated in the trustee agreement and complied with all
perjanjian perwaliamanatan dan telah memenuhi the requirements mentioned in the trustee agreement.
seluruh persyaratan yang disebutkan dalam perjanjian Total principal of mudharabah bonds has been paid in
perwaliamanatan. Jumlah pokok sukuk mudharabah accordance with the respective mudharabah bonds’
telah dibayarkan sesuai dengan tanggal jatuh tempo maturity date.
sukuk mudharabah yang bersangkutan.
Pada tanggal 31 Desember 2024 dan 2023, seluruh As of 31 December 2024 and 2023, all of ADMF’s
sukuk mudharabah ADMF mendapat peringkat mudharabah bonds are rated idAAA(sy) by
idAAA(sy) dari PT Pemeringkat Efek Indonesia PT Pemeringkat Efek Indonesia (Pefindo).
(Pefindo).
LAMPIRAN – 5/97 – SCHEDULE
664 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 667
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
25. SUKUK MUDHARABAH (lanjutan) 25. MUDHARABAH BONDS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
a. Sukuk Mudharabah ADMF (lanjutan) a. ADMF’s Mudharabah Bonds (continued)
Bagi hasil atas sukuk mudharabah untuk tahun yang The revenue sharing of mudharabah bonds for the
berakhir pada tanggal 31 Desember 2024 dan 2023 year ended 31 December 2024 and 2023 amounted to
masing-masing sebesar Rp61.575 dan Rp29.983. Rp61,575 and Rp29,983, respectively.
b. Penawaran umum sukuk mudharabah ADMF b. Public offering of ADMF’s mudharabah bonds
Pada tanggal 31 Desember 2024, sukuk mudharabah As of 31 December 2024, ADMF’s mudharabah bonds
yang telah diterbitkan oleh ADMF adalah sebagai issued are as follows:
berikut:
Tanggal
pernyataan Skedul
efektif/ pembayaran
Effective bagi hasil/
Sukuk mudharabah/ notification Nomor surat/ Jumlah/ Wali amanat/ Revenue sharing
Mudharabah bonds date Letter number Amount The trustee payment schedule
Sukuk Mudharabah Berkelanjutan IV Adira
Finance Tahap III Tahun 2022/Adira
Finance Continuing Mudharabah Bonds
IV Phase III Year 2022 (Sukuk
Mudharabah Berkelanjutan IV Tahap
III/Continuing Mudharabah Bonds IV 30 Juni/ PT Bank Negara Triwulan/
Phase III) June 2020 No. S-182/D.04/2020 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap I Tahun 2023/Adira
Finance Continuing Mudharabah Bonds
V Phase I Year 2023 (Sukuk
Mudharabah Berkelanjutan V Tahap
I/Continuing Mudharabah Bonds V 27 Juni/ PT Bank Negara Triwulan/
Phase I) June 2023 No. S-164/D.04/2023 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap II Tahun 2023/Adira
Finance Continuing Mudharabah Bonds
V Phase II Year 2023 (Sukuk
Mudharabah Berkelanjutan V Tahap
II/Continuing Mudharabah Bonds V 27 Juni/ PT Bank Negara Triwulan/
Phase II) June 2023 No. S-164/D.04/2023 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap III Tahun 2024/Adira
Finance Continuing Mudharabah Bonds
V Phase III Year 2024 (Sukuk
Mudharabah Berkelanjutan V Tahap
III/Continuing Mudharabah Bonds V 27 Juni/ PT Bank Negara Triwulan/
Phase III) June 2023 No. S-164/D.04/2023 400.000 Indonesia (Persero) Tbk Quarterly
LAMPIRAN – 5/98 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 665
Page 668
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
25. SUKUK MUDHARABAH (lanjutan) 25. MUDHARABAH BONDS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
b. Penawaran umum sukuk mudharabah ADMF b. Public offering of ADMF’s mudharabah bonds
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan serial of mudharabah bonds issued are as follows:
adalah sebagai berikut:
Tahun
penerbitan/ Jatuh Cicilan pokok sukuk
Sukuk mudharabah/ Year of Nilai nominal/ Nisbah bagi hasil/ tempo/ mudharabah/
Mudharabah bonds issuance Nominal value Revenue sharing ratio Due date Mudharabah bonds installment
Sukuk Mudharabah
Berkelanjutan IV Tahap
III/Continuing
Mudharabah Bonds IV
Phase III
46,67% (setara dengan
5,60% per tahun/ Pembayaran penuh pada saat
equivalent to 5.60% per 22 Maret/ jatuh tempo/Bullet payment on
Seri B/Serial B 2022 49.000 year) March 2025 due date
52,08% (setara dengan
6,25% per tahun/ Pembayaran penuh pada saat
equivalent 22 Maret/ jatuh tempo/Bullet payment on
Seri C/Serial C 2022 98.000 to 6.25% per year) March 2027 due date
Sukuk Mudharabah
Berkelanjutan V Tahap
I/Continuing
Mudharabah Bonds V
Phase I
50,00% (setara dengan
6,00% per tahun/ Pembayaran penuh pada saat
equivalent to 6.00% per 7 Juli/ jatuh tempo/Bullet payment on
Seri B/Serial B 2023 141.000 year) July 2026 due date
52,08% (setara dengan
6,25% per tahun/ Pembayaran penuh pada saat
equivalent to 6.25% per 7 Juli/ jatuh tempo/Bullet payment on
Seri C/Serial C 2023 95.000 year) July 2028 due date
Sukuk Mudharabah
Berkelanjutan V Tahap
II/Continuing
Mudharabah Bonds V
Phase II
54,17% (setara dengan
6,50% per tahun/ 9 November/ Pembayaran penuh pada saat
equivalent to 6.50% per November jatuh tempo/Bullet payment on
Seri B/Serial B 2023 48.730 year) 2026 due date
54,58% (setara dengan
6,55% per tahun/ 9 November/ Pembayaran penuh pada saat
equivalent to 6.55% per November jatuh tempo/Bullet payment on
Seri C/Serial C 2023 100 year) 2028 due date
LAMPIRAN – 5/99 – SCHEDULE
666 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 669
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
25. SUKUK MUDHARABAH (lanjutan) 25. MUDHARABAH BONDS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
b. Penawaran umum sukuk mudharabah ADMF b. Public offering of ADMF’s mudharabah bonds
(lanjutan) (continued)
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan serial of mudharabah bonds issued are as follows
adalah sebagai berikut (lanjutan): (continued):
Tahun
penerbitan/ Cicilan pokok sukuk
Sukuk mudharabah/ Year of Nilai nominal/ Nisbah bagi hasil/ Jatuh tempo/ mudharabah/ Mudharabah
Mudharabah bonds issuance Nominal value Revenue sharing ratio Due date bonds installment
Sukuk Mudharabah
Berkelanjutan V Tahap
III/Continuing
Mudharabah Bonds V
Phase III
53,33% (setara dengan
6,40% per tahun/ Pembayaran penuh pada saat
equivalent to 13 Mei/ jatuh tempo/Bullet payment on
Seri A/Serial A 2024 338.980 6.40% per year) May 2025 due date
54,58% (setara dengan
6,55% per tahun/ Pembayaran penuh pada saat
equivalent to 3 Mei/ jatuh tempo/Bullet payment on
Seri B/Serial B 2024 39.005 6.55% per year) May 2027 due date
55,42% (setara dengan
6,65% per tahun/ Pembayaran penuh pada saat
equivalent to 3 Mei/ jatuh tempo/Bullet payment on
Seri C/Serial C 2024 22.015 6.65% per year) May 2029 due date
ADMF menerbitkan sukuk mudharabah dengan tujuan ADMF issued mudharabah bonds for the purpose of
untuk membiayai kegiatan utama ADMF yaitu funding ADMF’s main activity which is consumer
pembiayaan konsumen. financing.
ADMF dapat melakukan pembelian kembali (buy back) ADMF can buy back part or all the bonds issued under
untuk sebagian atau seluruh obligasi yang diterbitkan a condition that such action can only be conducted after
dengan ketentuan bahwa hal tersebut hanya dapat the first anniversary since the issuance date.
dilaksanakan setelah ulang tahun pertama sejak tanggal
emisi.
LAMPIRAN – 5/100 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 667
Page 670
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
26. PINJAMAN YANG DITERIMA 26. BORROWINGS
Entitas Anak Subsidiary
Berdasarkan jenis dan mata uang By type and currency
2024 2023
Rupiah Rupiah
- PT Bank Mandiri (Persero) Tbk 1.142.639 1.727.299 PT Bank Mandiri (Persero) Tbk -
- PT Bank Pan Indonesia Tbk 1.042.159 1.931.525 PT Bank Pan Indonesia Tbk -
- PT Bank Central Asia Tbk 599.374 1.064.698 PT Bank Central Asia Tbk -
- PT Bank Maybank Indonesia Tbk 527.538 1.551.605 PT Bank Maybank Indonesia Tbk -
- Citibank, N.A., Indonesia 450.000 - Citibank, N.A., Indonesia -
- MUFG Bank, Ltd. 433.333 1.154.167 MUFG Bank, Ltd. -
- PT Bank Negara Indonesia Tbk 320.527 - PT Bank Negara Indonesia Tbk -
- PT Bank UOB Indonesia 250.000 75.000 PT Bank UOB Indonesia -
- PT Bank DKI 155.556 - PT Bank DKI -
- PT Bank Central Asia Syariah Tbk 133.333 233.333 PT Bank Central Asia Syariah Tbk -
- PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah -
Jawa Barat dan Banten Tbk 119.982 181.623 Jawa Barat dan Banten Tbk
- PT Bank DBS Indonesia 108.244 91.458 PT Bank DBS Indonesia -
- PT Bank Muamalat Indonesia Tbk - 75.000 PT Bank Muamalat Indonesia Tbk -
5.282.685 8.085.708
Mata uang asing (Catatan 53) Foreign currencies (Note 53)
- MUFG Bank, Ltd. 5.167.503 235.181 MUFG Bank, Ltd. -
10.450.188 8.320.889
Suku bunga efektif rata-rata tertimbang untuk tahun yang The weighted average effective interest rate per annum for
berakhir pada tanggal 31 Desember 2024 dan 2023 adalah the year ended 31 December 2024 and 2023 were 6.94%
6,94% dan 6,97%. and 6.97%.
Berikut ini adalah tabel rincian dari pinjaman yang diterima: The following table is the details of borrowings:
Batas
maksimum Perjanjian terakhir/ Suku bunga kontraktual/
kredit/ Latest agreement Contractual interest rate
Nama Bank/ Fasilitas/ Maximum Cicilan pokok/
Bank Name Facility credit limit Awal/Start Akhir/End 2024 2023 Principal installment
PT Bank Pan 14 November/ 14 November/ Setiap satu bulan
Indonesia Tbk I 1.000.000 November 2022 November 2026 6,65% - 7,30% 6,30% - 7,30% sekali/Monthly basis
20 Februari/ 20 Februari/ Setiap satu bulan
II 1.000.000 February 2023 February 2027 7,10% 7,10% sekali/Monthly basis
27 Maret/ 27 Maret/ Setiap satu bulan
III 1.000.000 March 2023 March 2027 6,30% - 7,10% 6,30% - 7,10% sekali/Monthly basis
22 Februari/ 22 Februari/ Setiap satu bulan
IV 2.000.000 February 2024 February 2028 6,30% - sekali/Monthly basis
PT Bank
Mandiri 29 September/ 30 Juni/ Setiap satu bulan
(Persero) Tbk I 2.000.000 September 2023 June 2026 6,80% - 7,22% 4,80% - 7,22% sekali/Monthly basis
29 September/ 9 April/ Setiap satu bulan
II 2.000.000 September 2023 April 2028 6,50% - 7,20% 6,50% - 7,20% sekali/Monthly basis
2 Juli/ 1 Juli/ Setiap satu bulan sekali/
III 2.000.000 July 2024 July 2029 6,55% - 6,70% - Monthly basis
26 Januari/ 25 Januari/ Setiap satu bulan sekali/
IV 250.000 January 2024 January 2026 - - Monthly basis
LAMPIRAN – 5/101 – SCHEDULE
668 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 671
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
26. PINJAMAN YANG DITERIMA (lanjutan) 26. BORROWINGS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Berikut ini adalah tabel rincian dari pinjaman yang diterima The following table is the details of borrowings (continued):
(lanjutan):
Batas
maksimum Perjanjian terakhir/ Suku bunga kontraktual/
kredit/ Latest agreement Contractual interest rate
Nama Bank/ Fasilitas/ Maximum Awal/ Akhir/ Cicilan pokok/
Bank Name Facility credit limit Start End 2024 2023 Principal installment
Pembayaran penuh
pada saat jatu
PT Bank Central 12 Agustus/ 14 Maret/ tempo/Bullet payment
Asia Tbk I 500.000 August 2024 March 2025 - 6,00% - 6,40% on maturity date
5 September/ 20 April/ Setiap satu bulan
II 1.000.000 September 2022 April 2026 7,16% - 7,19% 7,16% - 7,19% sekali/Monthly basis
12 Agustus/ 12 Juni/ Setiap satu bulan
III 1.000.000 August 2024 June 2028 7,00% 7,00% sekali/Monthly basis
PT Bank
Maybank 28 Maret/ 28 Desember/ Setiap satu bulan
Indonesia Tbk I 1.000.000 March 2023 December 2026 7,35% 7,35% sekali/Monthly basis
23 Juni/ 23 Maret/ Setiap satu bulan
II 1.000.000 June 2023 March 2027 6,50% - 7,25% 6,50% - 7,25% sekali/Monthly basis
Pembayaran penuh
pada saat jatuh
23 Juni/ 23 Juni/ tempo/Bullet payment
III 250.000 June 2023 June 2025 6,25% - 6,45% 6,00% - 6,20% on maturity date
2 Juli/ 2 Juli/ Setiap satu bulan sekali/
IV 700.000 July 2024 July 2028 - - Monthly basis
Pembayaran penuh
pada saat jatuh
Citibank, 27 Maret/ 9 Februari/ tempo/Bullet payment on
N.A., Indonesia I 600.000 March 2024 February 2025 6,55% - 6,75% - maturity date
MUFG Bank, 23 Desember/ 23 Juni/ Setiap satu bulan
Ltd. (Jakarta) I 500.000 December 2022 June 2024 6,98% 6,98% sekali/Monthly basis
Pembayaran penuh
pada saat jatuh
12 September/ 30 Desember/ tempo/Bullet payment
II 500.000 September 2024 December 2025 5,90% - 6,70% 3,90% - 6,15% on maturity date
21 Juni/ 3 Februari/ Setiap tiga bulan
III 800.000 June 2023 February 2026 6,00% - 6,60% 6,00% - 6,60% sekali/Quarterly basis
23 Desember/ 23 Juni/ Setiap tiga bulan
IV 500.000 December 2022 June 2026 7,25% - 7,30% 7,25% - 7,30% sekali/Quarterly basis
20 Juli/ 20 Januari/ Setiap satu bulan
V 200.000 July 2023 January 2025 6,60% 6,60% sekali/Monthly basis
12 September/ 12 September/ Setiap tiga bulan sekali/
VI USD50.000.000 September 2024 September 2028 - - Quarterly basis
PT Bank Negara 19 Februari/ 18 Februari/ Setiap satu bulan
Indonesia Tbk I 500.000 February 2024 February 2028 6,50% - sekali/Monthly basis
PT Bank UOB 19 Desember/ 19 Juni/ Setiap tiga bulan
Indonesia I 500.000 December 2022 June 2024 6,60% 6,50% - 6,60% sekali/Quarterly basis
13 Maret/ 13 September/ Setiap tiga bulan
II 500.000 March 2024 September 2025 6,80% - sekali/Quarterly basis
Pembayaran penuh
pada saat jatuh
PT Bank CTBC 10 Desember/ 15 Desember/ tempo/Bullet payment
Indonesia I 175.000 December 2024 December 2025 6,15% – 6,20% - on maturity date
LAMPIRAN – 5/102 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 669
Page 672
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
26. PINJAMAN YANG DITERIMA (lanjutan) 26. BORROWINGS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Berikut ini adalah tabel rincian dari pinjaman yang diterima The following table is the details of borrowings (continued):
(lanjutan):
Batas
maksimum Perjanjian terakhir/ Suku bunga kontraktual/
kredit/ Latest agreement Contractual interest rate
Nama Bank/ Fasilitas/ Maximum Awal/ Akhir/ Cicilan pokok/
Bank Name Facility credit limit Start End 2024 2023 Principal installment
PT Bank
Pembangunan
Daerah Jawa
Barat & 27 Juli/ 27 April/ Setiap satu bulan
Banten Tbk I 500.000 July 2023 April 2027 6,60% - 6,80% 6,60% - 6,65% sekali/Monthly basis
25 April/ 25 Januari/ Setiap satu bulan
II 500.000 April 2024 January 2028 6,68% - sekali/Monthly basis
11 September/ 10 April/ Setiap satu bulan sekali/
PT Bank DKI I 184.722 September 2024 April 2026 7,35% - Monthly basis
PT Bank 4 September/ 4 September/ Setiap tiga bulan
DBS Indonesia I 300.000 September 2023 September 2027 6,60% - 6,80% 6,80% sekali/Quarterly basis
14 Juni/ 14 Desember/ Setiap tiga bulan
II 200.000 June 2024 December 2027 - - sekali/Quarterly basis
PT Bank BCA 26 Juni/ 30 September/ Setiap satu bulan
Syariah I 300.000 June 2023 September 2029 7,25% - 7,35% 7,25% - 7,35% sekali/Monthly basis
PT Bank
Muamalat 14 Juni/ 30 Agustus/ Setiap satu bulan
Indonesia Tbk I 200.000 June 2024 August 2026 6,35% 6,35% sekali/Monthly basis
MUFG Bank, Ltd.
(Hong kong -
Sindikasi/ 1 Februari/ 1 Agustus/ Setiap tiga bulan
Sydicated) I USD300.000.000 February 2024 August 2027 5,27% - 6,29% - sekali/Quarterly basis
MUFG USD100.000.000
Bank, Ltd. (Equivalent to 21 November/ 21 November/ Setiap tiga bulan
(Singapura) I ¥14.000.112.000) November 2023 November 2027 0,57% - 0,72% 0,72% sekali/Quarterly basis
Untuk pinjaman sindikasi MUFG Bank, Ltd. (Hong Kong), For MUFG Bank, Ltd. (Hong Kong) syndicated
CTBC Bank Co., Ltd., DBS Bank Ltd., Maybank Securities borrowing, CTBC Bank Co., Ltd., DBS Bank Ltd.,
PTE Ltd., MUFG Bank, Ltd., dan United Overseas Bank Maybank Securities PTE Ltd., MUFG Bank, Ltd., dan
Limited bertindak sebagai mandated lead arrangers dan United Overseas Bank Limited acted as mandated lead
bookrunners, MUFG Bank, Ltd. (Hong Kong) sebagai arrangers and bookrunners, MUFG Bank, Ltd. (Hong
agent. CTBC Bank Co., Ltd. (Singapore), PT Bank DBS Kong) acted as agent. CTBC Bank Co., Ltd.
Indonesia, Malayan Banking Berhad (Singapore), MUFG (Singapore), PT Bank DBS Indonesia, Malayan Banking
Bank, Ltd. (Singapore), United Overseas Bank Limited, Berhad (Singapore), MUFG Bank, Ltd. (Singapore),
Bank of Baroda (IFSC Banking Unit-GIFT City), PT Bank United Overseas Bank Limited, Bank of Baroda (IFSC
KEB Hana Indonesia, The Korea Development Bank Banking Unit-GIFT City), PT Bank KEB Hana Indonesia,
(Singapore), Mega International Commercial Bank Co., The Korea Development Bank (Singapore), Mega
Ltd. (Offshore Banking), Taipei Fubon Commercial Bank International Commercial Bank Co., Ltd. (Offshore
Co., Ltd. (Singapore), Bank of China Limited (Singapore), Banking), Taipei Fubon Commercial Bank Co., Ltd.
Sumitomo Mitsui Trust Bank, Ltd. (Singapore), E.SUN (Singapore), Bank of China Limited (Singapore),
Commercial Bank, Ltd. (Singapore), The Gunma Bank, Sumitomo Mitsui Trust Bank, Ltd. (Singapore), E.SUN
Ltd., Hua Nan Commercial Bank, Ltd. (Offshore Banking), Commercial Bank, Ltd. (Singapore), The Gunma Bank,
Hua Nan Commercial Bank, Ltd. (Singapore), Ltd., Hua Nan Commercial Bank, Ltd. (Offshore
Banking), Hua Nan Commercial Bank, Ltd. (Singapore),
LAMPIRAN – 5/103 – SCHEDULE
670 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 673
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
26. PINJAMAN YANG DITERIMA (lanjutan) 26. BORROWINGS (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
The Shanghai Commercial & Saving Bank, Ltd. (Offshore The Shanghai Commercial & Saving Bank, Ltd.
Banking), Taiwan Cooperative Bank (Offshore Banking), (Offshore Banking), Taiwan Cooperative Bank (Offshore
First Commercial Bank (Offshore Banking), State Bank of Banking), First Commercial Bank (Offshore Banking),
India (Singapore), Taishin International Bank Co., Ltd., State Bank of India (Singapore), Taishin International
Bank of Taiwan (Singapore), Chang Hwa Commercial Bank Co., Ltd., Bank of Taiwan (Singapore), Chang Hwa
Bank, Ltd. (Singapore), The Chugoku Bank, Ltd. (Hong Commercial Bank, Ltd. (Singapore), The Chugoku
Kong), Far Eastern International Bank, Ltd., Sunny Bank, Bank, Ltd. (Hong Kong), Far Eastern International Bank,
Ltd., Taiwan Business Bank, Ltd. (Offshore Banking), Ltd., Sunny Bank, Ltd., Taiwan Business Bank, Ltd.
Taiwan Shin Kong Commercial Bank Co., Ltd., The Chiba (Offshore Banking), Taiwan Shin Kong Commercial
Bank, Ltd. (Hong Kong), The Hyakugo Bank, Ltd., The Joyo Bank Co., Ltd., The Chiba Bank, Ltd. (Hong Kong), The
Bank, Ltd., PT Bank SBI Indonesia bertindak sebagai Hyakugo Bank, Ltd., The Joyo Bank, Ltd., PT Bank SBI
original lenders. Indonesia acted as original lenders.
Pinjaman yang diterima dari PT Bank Central Asia Tbk The borrowings from PT Bank Central Asia Tbk (facility
(fasilitas I), Citibank, N.A., Indonesia, PT Bank BCA I), Citibank, N.A., Indonesia, PT Bank BCA Syariah,
Syariah, MUFG Bank, Ltd. (Jakarta) (fasilitas II), PT Bank MUFG Bank, Ltd. (Jakarta) (facility II), PT Bank CTBC
CTBC Indonesia dan PT Bank Maybank Indonesia Tbk Indonesia and PT Bank Maybank Indonesia Tbk (facility
(fasilitas III) merupakan fasilitas pinjaman modal kerja III) are revolving working capital facilities.
berulang.
Seluruh pinjaman yang diterima oleh ADMF digunakan All of the ADMF’s borrowings are used for working
untuk modal kerja. Selama pinjaman belum dilunasi, ADMF capital purposes. During the period that the loan is still
tidak diperkenankan antara lain, mengikat diri sebagai outstanding, the ADMF is not allowed to, among others,
penjamin atas pemenuhan kewajiban pihak ketiga, act as a guarantor for the fulfillment of third party
diharuskan untuk memenuhi ketentuan gearing ratio paling obligations, is required to comply with gearing ratio
tinggi 10 kali dan mempertahankan rasio saldo piutang provisions for a maximum of 10 times and maintain the
pembiayaan (outstanding principal) dengan kategori ratio of financing receivable (outstanding principal)
kualitas piutang pembiayaan bermasalah (non-performing categorised as non-performing financing after deducting
financing) setelah dikurangi cadangan penyisihan allowance for impairment losses at the maximum of 5%
penghapusan piutang pembiayaan paling tinggi sebesar in accordance with OJK provisions, and other reporting
5% sesuai ketentuan OJK, dan kewajiban penyampaian obligation.
laporan lainnya.
Pada tanggal 31 Desember 2024, saldo pinjaman yang As of 31 December 2024, the outstanding balance of the
diterima dalam mata uang asing sebesar USD255.000.000 borrowings denominated in foreign currency amounted
dan JPY10.320.084.000 (nilai penuh) (2023: to USD255,000,000 and JPY10,320,084,000 (full
JPY2.160.000.000 (nilai penuh)), termasuk bunganya telah amount) (2023: JPY2,160,000,000 (full amount)),
dilindung nilai dengan kontrak cross currency swap (lihat including the interest which was hedged by cross
Catatan 10 dan 38). currency swap (see Notes 10 and 38).
Untuk tahun yang berakhir 31 Desember 2024 dan 2023, For the year ended 31 December 2024 and 2023,
amortisasi beban provisi atas pinjaman yang diterima yang amortization of provision expenses on borrowings was
dibebankan ke laporan laba rugi. charged to the statement of profit or loss.
Pembayaran bunga dan pokok pinjaman telah dibayarkan Interest and principal loan payments have been paid by
oleh ADMF sesuai dengan jadwal. ADMF on schedule.
Pada tanggal 31 Desember 2024, ADMF telah memenuhi As of 31 December 2024, ADMF has complied with all
seluruh persyaratan yang disebutkan dalam perjanjian the requirements mentioned in the loan facility
fasilitas-fasilitas pinjaman ini. agreements.
LAMPIRAN – 5/104 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 671
Page 674
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN 27. TAXATION
a. Pajak dibayar dimuka a. Prepaid tax
2024 2023
Bank Bank
Surat Ketetapan Pajak (SKP) 1.169.693 944.450 Tax Assessment Letters
Pajak Penghasilan Badan 2022 - 208.454 Corporate Income Tax 2022
Pajak Penghasilan Badan 2023 343.150 343.150 Corporate Income Tax 2023
Pajak Penghasilan Badan 2024 534.878 - Corporate Income Tax 2024
Pajak Penghasilan Pasal 21 19.858 - Income Tax Article 21
Entitas Anak Subsidiary
Surat Ketetapan Pajak (SKP) 61.281 64.396 Tax Assessment Letters
Pajak Penghasilan Pasal 21 12.528 - Income Tax Article 21
2.141.388 1.560.450
b. Utang pajak b. Taxes payable
2024 2023
Bank Bank
Pajak Penghasilan: Income Tax:
- Pasal 25 64.878 17.383 Article 25 -
- Pasal 21 14.705 63.040 Article 21 -
- Pajak Penghasilan Lainnya 29.416 21.171 Other Income Taxes -
Pajak Pertambahan Nilai 14.299 16.556 Value Added Tax
123.298 118.150
Entitas Anak Subsidiary
Pajak Penghasilan: Income Tax:
- Pasal 25 dan 29 118.185 - Article 25 and 29 -
- Pajak Penghasilan Badan Corporate Income Tax -
2023 - 141.650 2023
- Pasal 21 - 24.386 Article 21 -
- Pajak Penghasilan Lainnya 10.649 5.919 Other Income Taxes -
Pajak Pertambahan Nilai 7.318 8.841 Value Added Tax
136.152 180.796
259.450 298.946
c. Beban pajak penghasilan c. Income tax expense
2024 2023
Bank Bank
Kini - 145.482 Current
Tangguhan 542.912 356.810 Deferred
Surat Ketetapan Pajak 4.152 4.768 Tax Assesment Letter
547.064 507.060
Entitas Anak Subsidiary
Kini 389.213 469.261 Current
Tangguhan (45.083) 57.727 Deferred
Surat Ketetapan Pajak 1.504 1.634 Tax Assessment Letter
345.634 528.622
Konsolidasian Consolidated
Kini 389.213 614.743 Current
Tangguhan 497.829 414.537 Deferred
Surat Ketetapan Pajak 5.656 6.402 Tax Assessment Letter
Jumlah 892.698 1.035.682 Total
LAMPIRAN – 5/105 – SCHEDULE
672 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 675
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi antara laba sebelum pajak penghasilan, The reconciliation between income before income tax,
seperti yang disajikan dalam laporan laba rugi as shown in the consolidated statements of profit or
konsolidasian, dan penghasilan kena pajak Bank loss of the Bank, and taxable income for the
untuk tahun yang berakhir pada tanggal 31 Desember year ended 31 December 2024 and 2023 is as
2024 dan 2023 adalah sebagai berikut: follows:
2024 2023
Laba konsolidasian Consolidated income
sebelum pajak penghasilan 4.183.583 4.693.727 before income tax
Laba sebelum pajak - Entitas Anak (457.183) (682.785) Income before tax - Subsidiary
Laba sebelum pajak - Bank 3.726.400 4.010.942 Income before tax - Bank
Bagian ekuitas atas Equity account of net income of
laba Entitas Anak (1.295.132) (1.789.884) Subsidiary
Laba akuntansi sebelum pajak Accounting income before tax
(Bank saja - untuk tujuan pajak) 2.431.268 2.221.058 (Bank only - for tax purposes)
Perbedaan temporer: Temporary differences:
- Kerugian penurunan nilai
atas aset dan Impairment losses on assets -
penghapusbukuan pinjaman (5.232.135) (1.771.421) and loans written off
- Keuntungan yang belum Unrealized Gains from -
direalisasi atas perubahan nilai changes in fair value
wajar efek-efek dan Obligasi of marketable securities
Pemerintah - neto (10.640) 2.715 and Government Bonds - net
- Penyusutan aset tetap (76.430) (45.182) Depreciation of fixed assets -
- Pengurangan imbalan kerja
karyawan 39.129 172.500 Deduction of employee benefits -
- Lain-lain (7.684) 19.524 Others -
(5.287.760) (1.621.864)
Perbedaan permanen: Permanent differences:
- Lain-lain 36.521 62.090 Others -
(Rugi)/laba kena pajak (2.819.971) 661.284 Taxable (loss)/income
Beban pajak penghasilan badan - 145.482 Corporate income tax expense
Dikurangi: Less:
Pajak dibayar dimuka pasal 25 (534.878) (488.632) Prepaid tax article 25
Pajak dibayar dimuka penghasilan
badan (534.878) (343.150) Corporate prepaid income tax
Sesuai dengan Undang-Undang Perpajakan In accordance with Indonesia Taxation Law,
Indonesia, pajak penghasilan badan dihitung secara Corporate income tax is calculated annually for the
tahunan untuk Bank dan Entitas Anak sebagai entitas Bank and Subsidiary in the understanding that they
hukum yang terpisah. are separate legal entities.
Perhitungan pajak penghasilan badan untuk tahun The above calculation of income tax for the year
yang berakhir pada tanggal 31 Desember 2024 di atas ended 31 Desember 2024 was a preliminary estimate
adalah suatu perhitungan sementara untuk tujuan for accounting purposes and is subject to change at
akuntansi dan dapat berubah pada waktu Bank the time the Bank submits its Annual Tax Return
menyampaikan Surat Pemberitahuan Tahunan (“SPT”) corporate income tax.
(“SPT”) pajak penghasilan badan.
LAMPIRAN – 5/106 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 673
Page 676
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Pada tanggal 31 Desember 2024, Peraturan Menteri On 31 December 2024, the Ministry of Finance of
Keuangan Republik Indonesia No.136 tahun 2024 the Republic of Indonesia regulation No.136 year
tentang Pengenaan Pajak Minimum Global (“Pilar 2024 concerning the Imposition of Global Minimum
Dua”) telah diundangkan dan ditetapkan di Tax (“Pillar Two”) has been enacted and
Indonesia yang berlaku mulai 1 Januari 2025. Bank established in Indonesia which effective starting
dan entitas anak menerapkan pengecualian PSAK 1 January 2025. The Bank and Subsidiary apply
212 untuk mengakui dan mengungkapkan informasi the PSAK 212 exception to recognise and disclose
tentang asset dan liabilitas pajak tangguhan yang information on deferred tax assets and liabilities
terkait dengan pajak penghasilan pilar dua. Sampai related to the Pillar Two income taxes. Up to
dengan tanggal pelaporan, Bank masih menilai reporting date, the Bank is still assessing the
dampak terhadap penerapan peraturan tersebut. impact on the implementation of the regulation.
Pada tahun 2024, Bank tidak memiliki beban pajak In year 2024, the Bank has no current tax expense as
kini karena Bank mengalami kerugian fiskal. the Bank incurred fiscal loss position. The fiscal loss
Kerugian fiskal dapat dimanfaatkan terhadap can be utilized against future taxable income for a
penghasilan kena pajak di masa depan untuk jangka period of five years subsequent to the year the fiscal
waktu lima tahun setelah tahun rugi fiskal terjadi. loss was incurred.
Rincian lebih bayar pajak kini Bank adalah sebagai The details of current tax overpayment of the Bank
berikut: are computed as follows:
2024
Bank The Bank
Beban pajak kini - Current income tax
Dikurangi: Less:
Pajak dibayar dimuka Prepaid income taxes
- Pasal 25 534.878 - tax article 25
Kelebihan pembayaran 534.878 Overpayment
Rekonsiliasi atas beban pajak penghasilan Bank dan The reconciliation between the Bank and Subsidiary
Entitas Anak dengan perkalian laba akuntansi Bank income tax expense and the Bank and Subsidiary
dan Entitas Anak sebelum pajak penghasilan dan accounting profit before tax multiplied by the
tarif pajak yang berlaku adalah sebagai berikut: prevailing tax rate is as follows:
2024 2023
Laba konsolidasian Consolidated income
sebelum pajak penghasilan 4.183.583 4.693.727 before income tax
Pendapatan yang dikenakan
pajak final (61.168) (26.097) Income subject to final tax
4.122.415 4.667.630
Pajak dihitung pada tarif pajak 906.931 1.026.878 Tax calculated at statutory tax rate
Beban pajak akibat perbedaan Tax expense on permanent
permanen dengan Tarif Pajak 22% 8.034 13.660 difference at 22%
Permanent differences
Perbedaan permanen - Entitas Anak (27.923) (9.624) - Subsidiary
Lain-lain dan eliminasi 5.656 4.768 Others and elimination
Beban pajak penghasilan 892.698 1.035.682 Income tax expense
LAMPIRAN – 5/107 – SCHEDULE
674 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 677
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Tarif Pajak Tax Rate
Pada tanggal 29 Oktober 2021, Pemerintah On 29 October 2021, the Government stipulated Law
menetapkan Undang-Undang No.7 Tahun 2021 No.7 Year 2021 on the Harmonization of Tax
tentang Harmonisasi Peraturan Perpajakan Regulations (“HPP Law”). One of the changes in this
(“UU HPP”). Salah satu perubahan dalam UU HPP HPP Law is the Corporate Income Tax rate
ini adalah tarif pajak penghasilan badan yang applicable in 2022 and so forth is 22%.
berlaku di tahun 2022 dan seterusnya adalah 22%.
Pada tanggal 10 Oktober 2024, Pemerintah On October 10 2024, the Government stipulated
menetapkan Peraturan Menteri Keuangan No.74 Minister of Finance Regulation no.74 year 2024
tahun 2024 tentang Pembentukan Cadangan regarding to the Establishment of Reserves for
Piutang Tak Tertagih Yang Boleh Dikurangkan Dari Uncollectible Debts that can be Deducted from Gross
Penghasilan Bruto. Penerapan peraturan ini Income. The application of this regulation has an
memiliki dampak pada perhitungan pajak impact on income tax and deferred tax calculations.
penghasilan dan pajak tangguhan.
Bank Bank
Pemeriksaan pajak tahun 2016 Tax audit for the fiscal year 2016
Pada bulan November 2019, Bank menerima SKP In November 2019, the Bank received tax
untuk tahun fiskal 2016. Berdasarkan SKP tersebut, assessment letters for the fiscal year 2016. Based
Kantor Pajak menetapkan kurang bayar atas PPh on the assessment letters, the Tax Office
Pasal 26, PPh Final Pasal 4(2), PPN, dan PPh confirmed the underpayment of Article 26 WHT,
Badan dengan jumlah keseluruhan Rp310.756. FIT Article 4(2), VAT, and CIT aggregating
Hasil pemeriksaan tersebut telah disetujui oleh Rp310,756. The result of the audit was agreed by
Manajemen Bank, kecuali ketetapan kurang bayar the Bank’s Management, except for the
PPh Badan, PPh Pasal 26, PPh Final Pasal 4(2) dan assessment on the underpayment of CIT, Article
PPN masing-masing sebesar Rp274.415, Rp4.699, 26 WHT, FIT Article 4(2) and VAT of Rp274,415,
Rp2.591, dan Rp22.357. Pada tanggal 7 Februari Rp4,699, Rp2,591, and Rp22,357, respectively.
2020, Bank mengajukan surat keberatan atas On 7 February 2020, the Bank submitted objection
penetapan pajak tersebut. Jumlah yang telah letter on the above tax assessments. The amount
dibayarkan sebesar Rp304.062 dicatat sebagai paid of Rp304,062 is recorded as prepaid tax.
pajak dibayar dimuka.
Pada Januari 2021, Bank menerima Surat In January 2021, the Bank received Tax Objection
Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on VAT Assessment Letter for
PPN masa Januari - Desember 2016, Surat period January - December 2016, CIT Assessment
Ketetapan PPh Badan, dan Surat Ketetapan PPh Letter, and Article 26 WHT and FIT Article 4(2)
Pasal 26 dan PPh Final Pasal 4(2). Dalam Surat Assessment Letter. On the tax objection decision
Keputusan Keberatan tersebut, Kantor Pajak letter, the Tax Office agreed the CIT objection
menyetujui permohonan keberatan pajak PPh amounting Rp73,236 and the Bank has received
Badan Bank sebesar Rp73.236 dan Bank telah the refund on the agreed amount from Tax Office.
menerima pengembalian sejumlah yang disetujui ini
dari Kantor Pajak.
Pada Februari 2021, Bank telah menerima Surat In February 2021, the Bank has received Decision
Keputusan Pengembalian Kelebihan Pembayaran Letter for the Return of VAT Overpayment for the
PPN Masa Oktober 2016 sebesar Rp28 dan Bank Period of October 2016 amounted to Rp28 and the
telah menerima pengembalian sejumlah Rp28 dari Bank has received a payment of Rp28 from the
Kantor Pajak. Tax Office.
Pada Maret 2021, Bank telah mengajukan On March 2021, The Bank has submitted an
permohonan banding ke Pengadilan Pajak atas sisa appeal letter to Tax Court on the underpayment of
ketetapan kurang bayar PPh Badan, PPh Pasal 26, CIT, Article 26 WHT, FIT Article 4(2) and VAT of
PPh Final 4(2) dan PPN masing-masing sebesar, Rp201,179, Rp4,699, Rp2,591 and Rp17,032,
Rp201.179, Rp4.699, Rp2.591 dan Rp17.032 respectively with the total amount of Rp225,501.
dengan jumlah keseluruhan Rp225.501.
LAMPIRAN – 5/108 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 675
Page 678
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank Bank
Pemeriksaan pajak tahun 2016 (lanjutan) Tax audit for the fiscal year 2016 (continued)
Pada Desember 2022, Bank mengajukan permohonan On December 2022, the Bank submitted
pemindahbukuan atas PPN Jasa Luar Negeri sebesar overbooking request on VAT Offshore on provision
Rp5.297. of services amounted to Rp5,297.
Dan pada bulan yang sama Bank telah menerima And in the same month, the Bank has received
surat keputusan Bukti Pemindahbukuan atas PPN Overbooking Decision Letter on VAT Offshore on
Jasa Luar Negeri masa Januari - Desember 2016 provision of service for the period January -
sebesar Rp3.444 yang dipindahbukukan ke angsuran December 2016 amounted to Rp3,444, which will
PPh Pasal 25 masa Januari 2023. Atas selisih antara be overbook to instalment of Income Tax Article 25
pemindahbukuan dan SKPKB PPN Barang Tidak for the period of January 2023. On the
Berwujud dari Luar daerah Pabean hasil pemeriksaan discrepancies between the overbooked tax and the
pajak tahun 2016, sebesar Rp1.853, Bank telah 2016 Tax Assessment Letter on VAT of Taxable
menyetujui untuk membukukan selisih tersebut Intangible Goods from outside the Customs Area
sebagai biaya pajak lainnya di Januari 2023. amounting Rp1,853, the Bank has agreed to
record as other tax expenses in January 2023.
Sampai dengan tanggal pelaporan, upaya hukum Up to the reporting date, the legal action for the
pengajuan Banding Bank masih dalam proses. application of the Bank appeal is still in process.
Pemeriksaan pajak tahun 2017 Tax audit for the fiscal year 2017
Pada tanggal 31 Januari 2022, Bank telah menerima On 31 January 2022, the Bank received tax
SKP untuk tahun fiskal 2017. Berdasarkan SKP assessment letters for the fiscal year 2017. Based
tersebut, Kantor Pajak menetapkan kurang bayar atas on the tax assessment letters, the Tax Office
PPh Badan, PPh Final Pasal 4(2), PPh Pasal 21, PPh confirm the underpayment of CIT, FIT Article 4(2),
Pasal 26 dan PPN dengan jumlah keseluruhan Article 21, Article 26 WHT and VAT aggregating
Rp374.257. Hasil pemeriksaan tersebut telah disetujui Rp374,257. The tax audit result was agreed by the
oleh Manajemen Bank, kecuali ketetapan kurang Bank’s Management, except for the assessment
bayar PPh Pasal 26, PPN dan PPh Badan masing- on the underpayment of Article 26 WHT, VAT, and
masing sebesar Rp53.121, Rp25.513 dan Rp290.453. CIT of Rp53,121, Rp25,513 and Rp290,453,
Jumlah yang telah dibayarkan sebesar untuk respectively. The amount paid of Rp369,087 is
Rp369.087 dicatat sebagai pajak dibayar di muka. recorded as prepaid tax. Amount of the tax
Jumlah ketetapan pajak kurang bayar yang disetujui assessment which was agreed by the Bank’s
sebesar Rp5.170 telah dibayarkan dan dibebankan ke Management of Rp5,170 has been paid and it was
laporan laba rugi tahun 2022. Pada tanggal 25 April charged to the 2022 profit or loss. On 25 April
2022 Bank telah mengajukan surat keberatan atas 2022, the Bank submitted objection letter on the
penetapan pajak tersebut. above tax assessments.
Bank menerima Surat Keputusan Keberatan atas The Bank received Objection Decision Letter on
Surat Ketetapan Pajak PPN Masa Juli - Desember VAT Assessment Letter for the period July -
2017 di bulan Januari 2023 dan Surat Keputusan December 2017 in January 2023 and Objection
Keberatan atas Surat Ketetapan Pajak PPN Masa Decision Letter on VAT Assessment Letter for the
Januari – Juni 2017 di bulan Februari 2023. Dalam period January – June 2017 in February 2023. On
Surat Keputusan Keberatan tersebut Kantor Pajak the Objection Decision Letter, the Tax Office only
hanya menyetujui sebagian permohonan keberatan partially agreed on the VAT objection request for
pajak masa Desember 2017 sebesar Rp2.190 dari the period December 2017 amounted to Rp2,190
total permohonan keberatan sebesar Rp25.513 out of the total request amounted to Rp25,513
(termasuk penalti). Bank telah menerima seluruh (including penalty). Bank has received all of the tax
pengembalian pajak atas porsi yang disetujui. Pada refunds on the accepted portion. In March 2023,
bulan Maret 2023, Bank telah mengajukan Bank submitted a refund request on reduction of
permohonan pengembalian atas pengurangan STP Tax Collection Notice for VAT for the period
PPN masa Desember 2017 sebesar Rp152. December 2017 amounting Rp152.
LAMPIRAN – 5/109 – SCHEDULE
676 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 679
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Pemeriksaan pajak tahun 2017 (lanjutan) Tax audit for the fiscal year 2017 (continued)
Pada bulan Juni 2023, Bank menerima Surat In June 2023, the Bank received a Decision Letter
Keputusan Pengurangan Pajak atas Surat Tagihan on Waiver/Reduction Tax Sanction for VAT for the
Pajak PPN Masa Desember 2017 sebesar Rp152 period of December 2017 amounted to Rp152
sehingga pada bulan Juli 2023 Bank telah menerima therefore in July 2023 the Bank received a tax
pengembalian pajak atas Keputusan Pengurangan refund on the Decision on Waiver/Reduction Tax
Pajak tersebut sebesar Rp152. Pada bulan April 2023, Sanction amounted to Rp152. In April 2023,
Bank telah mengajukan Permohonan Banding ke the Bank filed an appeal request for the rejected
Pengadilan Pajak atas porsi keberatan kurang bayar portion of the underpayment VAT for the period of
PPN masa Januari - Desember 2017 yang ditolak January - December 2017 amounted to Rp23,171.
sebesar Rp23.171.
Pada bulan Maret 2023, Bank menerima Surat In March 2023, the Bank received Objection
Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on CIT Assessment Letter and
PPh Badan dan PPh Pasal 26 Tahun Pajak 2017. Article 26 WHT for Fiscal Year 2017. On the
Dalam surat keputusan keberatan tersebut Kantor objection decision, the Tax Office only partially
Pajak hanya menyetujui sebagian permohonan agreed on CIT objection request amounted to
keberatan pajak PPh Badan sebesar Rp1.792 dari Rp1,792 out of the total request amounted to
total permohonan keberatan sebesar Rp290.453 dan Rp290,453 and rejected all the Bank’s objection
menolak seluruh keberatan pajak atas PPh Pasal 26 requests on Article 26 WHT amounted to
Bank sebesar Rp53.121. Rp53,121.
Pada Mei 2023, Bank telah menerima pengembalian In May 2023, the Bank received a tax refund
pajak tersebut sebesar Rp1.792. Pada bulan Juni amounted to Rp1,792. In June 2023,
2023, Bank telah mengajukan permohonan banding the Bank filed an appeal request to Tax Court on
ke Pengadilan Pajak atas keputusan keberatan PPh the rejected objection decision for CIT and Article
Badan dan PPh Pasal 26 yang ditolak sebesar 26 WHT amounted to Rp288,661 and Rp53,121.
Rp288.661 dan Rp53.121.
Pada bulan Juni 2024, Pengadilan Pajak In June 2024, Tax Court has partially granted the
mengabulkan sebagian permohonan banding Bank Bank's appeal request for underpayment of
kurang bayar PPh Badan sebesar Rp275.523 dan Corporate Income Tax amounted to Rp275,523
PPN sebesar Rp12.285, serta menerima seluruh and VAT amounted to Rp12,285, and granted all
permohonan banding Bank atas kurang bayar PPh of the Bank's appeal requests for underpayment
Pasal 26 sebesar Rp53.121. Bank telah menerima of Article 26 WHT amounted to Rp53,121. The
pengembalian sejumlah Rp340.929 dari Kantor Pajak. Bank has received payment of Rp340,929 from
Pada bulan September 2024 Kantor Pajak telah the Tax Office. In September 2024, Tax Office has
mengajukan permohonan Peninjauan Kembali ke submitted Judicial Review to Supreme Court on
Mahkamah Agung atas PPh Badan dan PPN yang corporate income tax and VAT initially granted by
semula dikabulkan oleh Pengadilan Pajak masing- Tax Court amounted to Rp272,264 and Rp10,089,
masing sebesar Rp272.264 dan Rp10.089. Pada respectively. In October 2024, in response of
bulan Oktober 2024, atas pengajuan peninjauan Judicial Review submitted by the Tax Office, the
kembali oleh Kantor Pajak tersebut, Bank mengajukan Bank has submitted Counter Judicial Review to
Kontra Memori Peninjauan Kembali ke Mahkamah Supreme Court.
Agung.
Pada bulan September 2024, atas putusan pengadilan In September 2024, based on Tax Court decision,
pajak tersebut, Bank mengajukan permohonan the Bank filed a Memorandum for Judicial Review
Peninjauan Kembali ke Mahkamah Agung atas PPh to the Supreme Court on the corporate income tax
Badan dan PPN masing-masing sebesar Rp13.138 and VAT amounting to Rp13,138 and Rp10,886,
dan Rp10.886. Sampai dengan tanggal pelaporan, respectively. Up to the reporting date, the legal
upaya hukum Peninjauan Kembali tersebut masih action judicial review was still in process.
dalam proses.
LAMPIRAN – 5/110 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 677
Page 680
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Pemeriksaan pajak tahun 2018 Tax audit for the fiscal year 2018
Pada bulan Maret 2023, Bank menerima Surat In March 2023, the Bank received a Tax Audit
Perintah Pemeriksaan Pajak untuk Tahun Pajak 2018. Notification Letter for Fiscal Year 2018. In October
Pada Oktober 2023, Bank telah menerima SKP untuk 2023, the Bank received tax assessment letters for
tahun pajak 2018. Berdasarkan SKP tersebut, Kantor the fiscal year 2018. Based on the tax assessment
Pajak menetapkan kurang bayar atas PPh Badan dan letters, the Tax Office confirms the underpayment
PPN masing-masing Rp333.356 dan Rp9.104, serta of CIT and VAT amounted to Rp333,356 and
PPh Pasal 21 dan PPh Pasal 23 dengan jumlah pajak Rp9,104, respectively, also Article 21 and Article
kurang bayar sebesar Rp1.022. Manajemen Bank 23 WHT with the total tax underpayment amounted
telah menyetujui kurang bayar PPh Pasal 21 dan PPh to Rp1,022. The Bank’s Management agreed with
Pasal 23 sebesar Rp1.022 serta sebagian PPh Badan the tax underpayment of Article 21 and Article 23
dan sebagian PPN dengan jumlah masing-masing WHT amounted to Rp1,022 and also partially
Rp4.767 dan Rp190 telah dibayar pada November agreed with the CIT and VAT underpayment
2023 yang dicatat pada laba/rugi tahun 2023. Atas amounted to Rp4,767 and Rp190, respectively.
jumlah kurang bayar sebagian PPh Badan dan The agreed underpayment was paid in November
sebagian PPN yang tidak disetujui masing-masing 2023 and it was charged to the 2023 profit or loss.
sebesar Rp328.589 dan Rp8.914 telah dibayar pada The partially disagreed tax underpayment on CIT
November 2023 yang dicatat pada uang muka pajak. and VAT amounted to Rp328,589 and Rp8,914
was paid in November 2023 and recorded as
prepaid tax.
Pada bulan Januari 2024, Bank telah mengajukan In January 2024, the Bank submitted an objection
surat keberatan atas jumlah yang tidak disetujui letter to the partially disagreed amount in the CIT
sebagian pada SKP PPh Badan dan PPN masing- and VAT assessment letter amounted to
masing sejumlah Rp328.589 dan Rp8.914. Pada Rp328,589 and Rp8,914, respectively. In October
Oktober dan Desember 2024, Bank menerima Surat and December 2024, the Bank received Objection
Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on VAT and CIT. On the objection
PPN PPh Badan. Dalam Surat Keputusan Keberatan decision, the Tax Office rejected all objection
tersebut, Kantor Pajak menolak seluruh permohonan request for VAT and CIT. On January 2025, the
keberatan untuk PPN dan PPh Badan. Pada bulan Bank filed an appeal request to Tax Court for VAT
Januari 2025, Bank telah mengajukan Permohonan amounted to Rp8,914. Up to the reporting date, the
Banding ke Pengadilan Pajak atas PPN sebesar Bank plans to submit appeal for CIT.
Rp8.914. Sampai dengan tanggal pelaporan, Bank
berencana mengajukan upaya hukum Banding untuk
PPh Badan.
Pemeriksaan pajak tahun 2019 Tax audit for the fiscal year 2019
Pada bulan November 2023, Bank menerima Surat In November 2023, the Bank received a Tax Audit
Perintah Pemeriksaan Pajak untuk Tahun Pajak 2019. Notification Letter for Fiscal Year 2019. In May
Pada bulan Mei 2024, Bank telah menerima SKP 2024, the Bank received tax assessment letters for
untuk Tahun Pajak 2019. Berdasarkan SKP tersebut, the Fiscal Year 2019. Based on the tax
Kantor Pajak menetapkan kurang bayar atas PPh assessment letters, the Tax Office confirms the
Badan, PPh Final Pasal 4(2), PPh Pasal 21, PPh Pasal underpayment of CIT, FIT Article 4(2), Article 21,
23, dan PPN dengan jumlah keseluruhan Rp507.655. Article 23, and VAT totaling Rp507,655. The tax
Hasil pemeriksaan tersebut telah disetujui oleh Bank, audit result was agreed by the Bank, except for
kecuali sebagian ketetapan kurang bayar PPh Badan some assessment on the underpayment of CIT
dan PPN masing-masing sebesar Rp475.477 dan and VAT of Rp475,477 and Rp25,310,
Rp25.310. Jumlah yang telah dibayarkan sebesar respectively. The amount paid of Rp500,787 is
Rp500.787 dicatat sebagai pajak dibayar dimuka, recorded as prepaid tax, while the underpayment
sedangkan jumlah ketetapan pajak kurang bayar of assessment letter of CIT, VAT and other taxes
untuk sebagian PPh Badan, PPN dan pajak lainnya amounted to Rp3,244, Rp82 and Rp3,542 has
yang disetujui masing-masing sebesar Rp3.244, Rp82 been paid and it was charged to the 2024 profit and
dan Rp3.542 telah dibayarkan dan dibebankan ke loss. Up to the reporting date, the Bank plans to
laporan laba rugi tahun 2024. submit a tax objection.
LAMPIRAN – 5/111 – SCHEDULE
678 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 681
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
Pemeriksaan pajak tahun 2019 (lanjutan) Tax audit for the fiscal year 2019 (continued)
Pada bulan Agustus 2024, Bank telah mengajukan In August 2024, the Bank submitted an objection
surat keberatan atas jumlah yang tidak disetujui letter to the partially disagreed amount in the CIT
sebagian pada SKP PPh Badan dan PPN masing- and VAT assessment letter amounted to
masing sejumlah Rp475.477 dan Rp25.310. Sampai Rp475,477 and Rp25,310, respectively. Up to the
dengan tanggal pelaporan, pengajuan keberatan reporting date, The objection was still in process.
masih dalam proses.
Pemeriksaan pajak tahun 2022 Tax audit for the fiscal year 2022
Pada bulan Juni 2023, Bank menerima Surat Perintah In June 2023, the Bank received a Tax Audit
Pemeriksaan Pajak untuk Tahun Pajak 2022. Pada Notification Letter for Fiscal Year 2022. In April
bulan April 2024, Bank menerima SKP untuk Tahun 2024, the Bank received a tax assessment letter for
Pajak 2022. Berdasarkan SKP tersebut, Kantor Pajak the Fiscal Year 2022. Based on the tax assessment
menetapkan lebih bayar PPh Badan sebesar letters, the Tax Office confirms the CIT
Rp169.687 dari semula sesuai surat pemberitahuan overpayment of Rp169,687 from the initial as per
sebesar Rp208.453 dan kurang bayar PPh Pasal 23 Tax Return of Rp208,453, and Article 23 WHT, and
dan PPN masing-masing Rp96 dan Rp38.934. VAT underpayment of Rp96 and Rp38,934,
respectively.
Pada bulan Mei 2024, Bank telah menerima In May 2024, the Bank received a refund for CIT
pengembalian pajak atas PPh Badan sebesar amounted to Rp169,687, while the rest of
Rp169.687, sementara sisanya lebih bayar yang overpayment which not accepted by the Bank
masih belum disetujui Bank sebesar Rp37.858 masih amounted to Rp37,858 is still recorded as prepaid
tercatat sebagai uang muka pajak. Bank telah tax. The Bank agreed with Article 23 WHT, CIT, and
menyetujui kurang bayar PPh 23, PPh Badan, dan VAT with a total of Rp96, Rp908 and Rp278,
PPN dengan jumlah masing-masing Rp96 dan Rp908 respectively that has been paid and charged to the
serta PPN sebesar Rp278 telah dibayar dan 2024 profit or loss. The partially disagreed VAT
dibebankan pada laba rugi tahun 2024. Atas jumlah underpayment of Rp38,656 was paid in May 2024
kurang bayar sebagian PPN yang tidak disetujui and recorded as prepaid tax.
sebesar Rp38.656 telah dibayar pada Mei 2024 dan
dicatat pada uang muka pajak.
Pada bulan Juli 2024, Bank telah mengajukan surat In July 2024, the Bank submitted an objection letter
keberatan atas jumlah yang tidak disetujui sebagian to the partially disagreed amount in the CIT and
pada SKP PPh Badan dan PPN masing-masing VAT assessment letter amounted to Rp37,858 and
sejumlah Rp37.858 dan Rp38.656. Sampai dengan Rp38,656, respectively. Up to the reporting date,
tanggal pelaporan, pengajuan keberatan masih dalam the objection was still in process.
proses.
BNP BNP
Pada saat tanggal penggabungan usaha, BNP masih At the merger date, BNP still had several
memiliki beberapa proses banding yang berjalan yang outstanding appeals processes which transfer to
dialihkan kepada Bank atas hasil pemeriksaan pajak the Bank on the results of tax audits for fiscal years
untuk tahun fiskal 2013 sampai dengan 2017 dengan 2013 through 2017 with a total tax appeal of
total permohonan banding pajak sebesar Rp33.368. Rp33,368. For the above outstanding items, BNP
Atas proses yang masih berjalan tersebut, BNP telah has recorded prepaid tax of Rp5,733. Up to the
membukukan pajak dibayar dimuka sebesar Rp5.733. reporting date, the following are the progress on
Sampai dengan tanggal pelaporan, berikut dibawah ini BNP’s tax appeal:
perkembangan dari proses banding tersebut:
LAMPIRAN – 5/112 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 679
Page 682
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
BNP (lanjutan) BNP (continued)
Pemeriksaan Pajak tahun 2013 Tax audit for the fiscal year 2013
Pada bulan Maret 2024, Pengadilan Pajak In March 2024, Tax Court granted all appeals
mengabulkan seluruh permohonan banding Bank atas submitted by the Bank on CIT and VAT amounted
PPh Badan dan PPN masing-masing sebesar to Rp1,298 and Rp4,786, respectively. Therefore,
Rp1.298 dan Rp4.786. Sehingga tidak ada pajak yang there is no Tax Underpayment.
kurang dibayar oleh BNP.
Pada bulan Juni 2024, Bank menerima Pengajuan In June 2024, the Bank received the application of
Peninjauan Kembali dari DJP atas PPh Badan sebesar Judicial Review from DGT on CIT of Rp1,298. In
Rp1.298. Pada bulan Juli 2024, Bank mengajukan July 2024, the Bank submitted counter Judicial
kontra memori Peninjauan Kembali kepada Review to Supreme Court. Up to the reporting
Mahkamah Agung. Sampai dengan tanggal pelaporan, date, the legal action counter judicial review was
upaya hukum kontra Peninjauan Kembali tersebut still in process.
masih dalam proses.
Pemeriksan Pajak tahun 2014 Tax audit for the fiscal year 2014
Pada bulan Maret 2024, Pengadilan Pajak In March 2024, Tax Court granted all appeals
mengabulkan seluruh permohonan banding Bank atas submitted by the Bank on CIT amounted Rp1,212.
PPh Badan sejumlah Rp1.212. Sehingga tidak ada Therefore, there were no taxes underpaid by the
pajak yang kurang dibayar oleh Bank atas PPh Badan. Bank for CIT. The Tax Court partially granted the
Pengadilan Pajak mengabulkan sebagian appeals on VAT with the initial tax underpayment
permohonan banding PPN dengan jumlah pajak yang of Rp2,515 to Rp2,511. The Bank did not file a
kurang dibayar semula Rp2.515 menjadi Rp2.511. request for Judicial Review with Supreme Court
Bank tidak mengajukan Peninjauan Kembali ke regarding Tax Court decision.
Mahkamah Agung atas hasil Putusan Pengadilan
Pajak tersebut.
Pada bulan Juni 2024, Bank menerima Pengajuan In June 2024, the Bank received the application for
Peninjauan Kembali dari DJP PPh Badan sebesar Judicial Review from DGT for the underpayment of
Rp1.212. Pada bulan Juli 2024, Bank mengajukan CIT of Rp1,212. In July 2024, the Bank submitted
kontra memori Peninjauan Kembali kepada counter Judicial Review to Supreme Court. Up to
Mahkamah Agung. Sampai dengan tanggal pelaporan, the reporting date, the legal action counter judicial
upaya hukum kontra Peninjauan Kembali tersebut review was still in process.
masih dalam proses.
Pemeriksaan Pajak tahun 2015 Tax audit for the fiscal year 2015
Pada tanggal 30 Maret 2022, Pengadilan Pajak On 30 March 2022, the Tax Court decided the the
memutuskan sengketa PPh Badan Bank tahun pajak Bank’s Corporate Income Tax for fiscal year 2015
2015 yang salinan putusannya telah Bank terima pada which the copy of Decision received by the Bank
tanggal 13 Juni 2022. Dalam Putusan Pengadilan on 13 June 2022. In the Tax Court's Decision for
Pajak untuk kasus PPh Badan tahun pajak 2015 the Corporate Income Tax for fiscal year 2015, the
tersebut, Majelis Hakim mengabulkan sebagian Panel of Judges granted part of the Bank’s appeal,
permohonan banding Bank yaitu sebesar Rp8.543. amounted to Rp8,543. Therefore, the total Tax
Sehingga jumlah pajak Kurang Bayar atas PPh Badan Underpayment on 2015 CIT is Rp10,890. On the
2015 menjadi Rp10.890. Atas jumlah pajak Kurang remaining tax underpayment that have been
Bayar yang telah disetujui oleh Bank sebesar Rp4.165, agreed by the Bank amounted to Rp4,165, the
Bank telah melunasi seluruhnya. Dengan demikian Bank has paid in full. Thus, the amount of tax
jumlah pajak kurang bayar yang belum dilunasi oleh underpayment that has not been paid by the Bank
Bank sebesar Rp6.725. is Rp 6,725.
LAMPIRAN – 5/113 – SCHEDULE
680 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 683
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Bank (lanjutan) Bank (continued)
BNP (lanjutan) BNP (continued)
Pemeriksaan Pajak tahun 2015 (lanjutan) Tax audit for the fiscal year 2015 (continued)
Pada bulan Juli 2022, Kantor Pajak telah menerbitkan In July 2022, Tax Office has issued Tax Collection
Surat Tagihan Pajak (“STP”) kepada Bank untuk Letter (“STP”) to the Bank to collect underpaid tax
menagih pajak yang kurang dibayar dan sanksi telat and late payment sanctions, each amounted to
bayar dengan jumlah masing-masing Rp6.725 dan Rp6,725 and Rp4,035. In August 2022, the Bank
Rp4.035. Pada Agustus 2022, atas STP tersebut Bank has the STP in full and recorded it as prepaid tax.
telah melunasi seluruhnya dan dicatat sebagai pajak
dibayar dimuka.
Pada bulan Agustus 2022, Bank telah mengajukan In August 2022, the Bank has submitted Judicial
permohonan Peninjauan Kembali ke Mahkamah Review to Supreme Court on rejected portion of
Agung atas porsi yang ditolak sebesar Rp6.725. Pada Rp6,725. In March 2024, Supreme Court rejected
bulan Maret 2024, Mahkamah Agung telah menolak the request for judicial review on tax underpayment
permohonan Peninjauan Kembali atas Kurang Bayar and STP amounted to Rp6,725 and Rp4,035
Pajak dan STP masing-masing sebesar Rp6.725 dan
Rp4.035.
Pada bulan Juli 2022, Kantor Pajak telah mengajukan In July 2022 Tax Office submitted a Judicial
Permohonan Peninjauan Kembali sebesar Rp3.062. Review for the granted portion of Rp3,062. In
Pada bulan Agustus 2023, Bank telah memberikan August 2023, the Bank submitted a response letter
tanggapan atas Permohonan Peninjauan Kembali oleh to the Judicial Review by Tax Office. In August
Kantor Pajak. Pada bulan Agustus 2023, Mahkamah 2023, Supreme Court rejected the request for
Agung telah menolak permohonan Peninjauan judicial review submitted by the Tax Office.
Kembali yang diajukan oleh Kantor Pajak.
Pemeriksaan pajak tahun 2016 Tax audit for the fiscal year 2016
Pada Desember 2024, Pengadilan Pajak In December 2024, Tax Court has partially granted
mengabulkan sebagian permohonan banding BNP BNP’s appeal for VAT and other income tax
untuk PPN dan PPh lainnya menjadi sebesar Rp124 amounted to Rp124 from Rp2,635 and change the
dari semula Rp2.635 serta mengubah lebih bayar PPh overpayment of CIT amounted to Rp12,488 from
Badan menjadi sebesar Rp12.488 dari semula Rp15,737.
Rp15.737.
Pemeriksaan pajak tahun 2017 Tax audit for the fiscal year 2017
Pada Desember 2023, Pengadilan Pajak In December 2023, the Tax Court granted BNP’s
mengabulkan pengajuan banding BNP sebesar appeal application amounted to Rp369. The Bank
Rp369. Bank telah menerima pengembalian sejumlah has received a payment of Rp369 from the Tax
Rp369 dari Kantor Pajak. Bank tidak mengajukan Office. The Bank did not appeal further legal action
upaya hukum lanjutan, sehingga Putusan Pengadilan therefore Tax Court Decision has been final and
telah final dan memiliki kekuatan hukum tetap. has permanent legal force.
LAMPIRAN – 5/114 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 681
Page 684
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Entitas Anak Subsidiary
ADMF ADMF
Pemeriksaan pajak tahun 2016 Tax audit for the fiscal year 2016
Pada tanggal 4 Juli 2018, ADMF menerima Surat On 4 July 2018, ADMF received Tax Assessment
Ketetapan Pajak (SKP) untuk tahun fiskal 2016. Letters for the fiscal year 2016. Based on the
Berdasarkan SKP tersebut, Kantor Pajak menetapkan Assessment Letters, the Tax Office confirmed the
kurang bayar atas Pajak Penghasilan Pasal 21 (“PPh underpayment of Article 21 Income Tax,
Pasal 21”), Pajak Penghasilan Pasal 23/26 (“PPh Withholding Tax articles 23/26, Value Added Tax
Pasal 23/26”), Pajak Pertambahan Nilai (“PPN”) dan (“VAT”), and Corporate Income Tax aggregating
Pajak Penghasilan Badan dengan jumlah keseluruhan Rp364,058. The result of the audit was agreed by
Rp364.058. Hasil pemeriksaan tersebut telah disetujui ADMF’s Management, except for the assessment
Manajemen ADMF, kecuali ketetapan kurang bayar on the underpayment of Corporate Income Tax of
Pajak Penghasilan Badan sebesar Rp292.138 dan Rp292,138 and the VAT underpayment
ketetapan kurang bayar PPN sebesar Rp49.374 assessment of Rp49,374 (including penalty) which
(termasuk denda) yang telah dibayar dan dicatat were also subsequently paid and recorded as
sebagai pajak dibayar dimuka. prepaid tax.
Pada tanggal 24 September 2018, ADMF telah On 24 September 2018, ADMF has submitted the
mengajukan surat keberatan atas penetapan Pajak objection letter for the assessment of Corporate
Penghasilan Badan dan PPN yang tercantum dalam Income Tax and VAT as mentioned in the
Surat Ketetapan Pajak Kurang Bayar. Hasil Underpayment Tax Assessment Letters. The tax
pemeriksaan yang telah disetujui Manajemen ADMF assessment which was agreed by ADMF’s
masing-masing sebesar Rp21.073 untuk Pajak Management of Rp21,073 for Corporate Income
Penghasilan Badan, Rp1.167 untuk PPh Pasal 21, Tax, Rp1,167 for Article 21 Income Tax, Rp117 for
Rp117 untuk PPh Pasal 23/26 dan Rp189 untuk PPN Withholding Tax articles 23/26 and Rp189 for
Luar Negeri telah dibayar dan dibebankan ke laporan Overseas VAT has been paid and was charged on
laba rugi tahun 2018. 2018 profit or loss.
Pada tanggal 8 Agustus 2019, ADMF menerima Surat On 8 August 2019, ADMF received Objection
Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on VAT assessment letter for
PPN masa Januari - Desember 2016 yang isinya period January - December 2016 which rejected all
menolak seluruh keberatan ADMF. Pada tanggal ADMF’s objection. On 1 November 2019, ADMF
1 November 2019, ADMF telah mengajukan has filed appeal request to Tax Court on rejected
permohonan banding ke Pengadilan Pajak atas decision of Rp49,374.
keputusan yang ditolak sebesar Rp49.374.
Pada tanggal 9 Agustus 2019, ADMF menerima Surat On 9 August 2019, ADMF received Objection
Keputusan Keberatan atas Surat Ketetapan Pajak PPh Decision Letter on CIT assessment letter for Fiscal
Badan Tahun Pajak 2016. Dalam surat keputusan Year 2016. On that objection decision, Tax Office
keberatan tersebut, Kantor Pajak hanya menyetujui only partially agreed on CIT objection request
sebagian permohonan keberatan pajak PPh Badan amounted to Rp802. On 1 November 2019, ADMF
sebesar Rp802. Pada tanggal 1 November 2019, has filed appeal request to Tax Court on rejected
ADMF telah mengajukan permohonan banding ke decision of Rp291,336.
Pengadilan Pajak atas keputusan yang ditolak sebesar
Rp291.336.
Pada tanggal 3 Mei 2021, Pengadilan Pajak On 3 May 2021, the Tax Court decided on ADMF's
memutuskan sengketa PPN ADMF. Dalam Putusan VAT dispute. In the Tax Court's Decision for the
Pengadilan Pajak untuk kasus PPN masa Januari - VAT case for the period January - December 2016,
Desember 2016, Majelis Hakim mengabulkan the Panel of Judges granted part of ADMF's
sebagian permohonan banding ADMF yaitu sebesar appeal, amounted to Rp4,407.
Rp4.407.
LAMPIRAN – 5/115 – SCHEDULE
682 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 685
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
ADMF (lanjutan) ADMF (continued)
Pemeriksaan pajak tahun 2016 (lanjutan) Tax audit for the fiscal year 2016 (continued)
Atas porsi kasus PPN yang ditolak sebesar Rp44.967, For rejected portion on VAT case of Rp44,967,
ADMF telah mengajukan Permohonan Peninjauan ADMF has submitted Judicial Review on 6 August
Kembali pada tanggal 6 Agustus 2021 dan Kantor 2021 and Tax Office has submitted Judicial Review
Pajak telah memberikan Kontra Memori Peninjauan Counter Memory on 16 September 2021. ADMF
Kembali pada tanggal 16 September 2021. ADMF has received Supreme Court Decisions that
telah menerima Putusan Mahkamah Agung yang granted ADMF’s Judicial Review and ADMF has
isinya mengabulkan Permohonan Peninjauan Kembali received all of the tax refunds on the granted
dan ADMF telah menerima seluruh pengembalian portion.
pajak atas porsi yang dikabulkan tersebut.
Atas porsi kasus PPN yang diterima sebesar Rp4.407, For accepted portion on VAT case of Rp4,407, Tax
Kantor Pajak telah mengajukan Permohonan Office has submitted Judicial Review on 4 August
Peninjauan Kembali pada tanggal 4 Agustus 2021 dan 2021 and ADMF has submitted Judicial Review
ADMF telah memberikan Kontra Memori Peninjauan Counter Memory on 15 September 2021 and
Kembali pada tanggal 15 September 2021 dan ADMF ADMF has received Supreme Court Decisions that
telah menerima Putusan Mahkamah Agung yang rejected the Tax Office Judicial Review. Tax Office
isinya menolak Permohonan Peninjauan Kembali has refunded all accepted portion on VAT case of
Kantor Pajak. Kantor Pajak telah mengembalikan Rp4,407. As for the VAT case for the tax period
seluruh porsi kasus PPN yang diterima sebesar February 2016 with the disputed value of Rp2,934,
Rp4.407. Adapun atas kasus PPN masa Februari the Tax Office has filed the Second Judicial Review
2016 dengan nilai sengketa Rp2.934, Kantor Pajak on 23 May 2023. On 15 August 2024, the Supreme
mengajukan Peninjauan Kembali Kedua pada tanggal Court decided on the case by ruling that it could not
23 Mei 2023. Pada tanggal 15 Agustus 2024, accept the Second Judicial Review by the Tax
Mahkamah Agung telah memutus perkara dengan Office so that all VAT Supreme Court Decision has
amar tidak dapat menerima Permohonan Peninjauan been final and has permanent legal force.
Kembali Kedua oleh Kantor Pajak sehingga semua
Putusan Peninjauan Kembali PPN telah final dan
memiliki kekuatan hukum tetap.
Pada tanggal 13 Desember 2021, Pengadilan Pajak On 13 December 2021, the Tax Court decided on
memutuskan sengketa PPh Badan ADMF. Dalam ADMF's CIT dispute. In the Tax Court's Decision
Putusan Pengadilan Pajak untuk kasus PPh Badan for the CIT case for Fiscal Year 2016, the Panel of
Tahun Pajak 2016, Majelis Hakim mengabulkan Judges granted some of ADMF's appeal,
sebagian permohonan banding ADMF sebesar amounted to Rp290,091 and rejected some of
Rp290.091 dan menolak sebagian banding ADMF ADMF's appeal amounted to Rp1,245.
sebesar Rp1.245.
Untuk bagian yang diterima, Kantor Pajak sudah For accepted part, Tax Office has filed Judicial
mengajukan Peninjauan Kembali pada tanggal 28 Review on 28 March 2022 and ADMF has
Maret 2022 dan ADMF telah memberikan Kontra submitted Judicial Review Counter Memory on
Memori Peninjauan Kembali pada tanggal 22 April 22 April 2022. ADMF has received tax refund from
2022. ADMF telah menerima pengembalian pajak dari granted portion on 15 June 2022. For rejected part,
porsi yang dikabulkan pada tanggal 15 Juni 2022. ADMF had filed Judicial Review to Supreme Court
Untuk bagian yang ditolak, ADMF telah mengajukan on 10 March 2022 and Tax Office has submitted
Peninjauan Kembali ke Mahkamah Agung pada Judicial Review Counter Memory on 14 April 2022.
tanggal 10 Maret 2022 dan Kantor Pajak telah ADMF has received Supreme Court Decision
memberikan Kontra Memori Peninjauan Kembali pada rejecting Judicial Review filed by ADMF and Tax
tanggal 14 April 2022. ADMF telah menerima Putusan Office so that Tax Court Decision dated
Mahkamah Agung yang isinya menolak permohonan 13 December 2021 has been final and has
Peninjauan Kembali ADMF dan Kantor Pajak permanent legal force.
sehingga Putusan Pengadilan Pajak tanggal
13 Desember 2021 telah final dan memiliki kekuatan
hukum tetap.
LAMPIRAN – 5/116 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 683
Page 686
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
ADMF (lanjutan) ADMF (continued)
Pemeriksaan pajak tahun 2017 Tax audit for the fiscal year 2017
Pada tanggal 28 Juni 2022, ADMF menerima SKP On 28 June 2022, ADMF received Tax
untuk tahun fiskal 2017. Berdasarkan SKP tersebut, Assessment Letters for the fiscal year 2017. Based
Kantor Pajak menetapkan kurang bayar atas PPh on the Assessment Letters, the Tax Office
Pasal 21, PPh Pasal 23/26, PPN, dan Pajak confirmed the underpayment of Article 21 Income
Penghasilan Badan dengan jumlah keseluruhan Tax, Withholding Tax Articles 23/26, VAT, and
Rp28.324 yang di dalamnya terdapat porsi lebih bayar Corporate Income Tax aggregating Rp28,324
PPh Badan Rp14.909 yang disetujui oleh Kantor which include Corporate Income Tax overpayment
Pajak. ADMF setuju dengan koreksi lebih bayar PPh of Rp14,909 agreed by Tax Office. ADMF agreed
Badan sebesar Rp14.909 dan koreksi kurang bayar with correction on Corporate Income Tax
PPh Pasal 21, PPh Pasal 23/26, PPN Luar Negeri overpayment of Rp14,909 and correction on Article
sebesar Rp1.274. 21, Article 23/26, Overseas VAT underpayment of
Rp1,274.
Pada tanggal 31 Agustus 2022, ADMF mengajukan On 31 August 2022, ADMF has submitted the
keberatan atas sisa ketetapan kurang bayar Pajak objection on Corporate Income Tax underpayment
Penghasilan Badan sebesar Rp17.278 dan ketetapan of Rp17,278 and VAT underpayment of Rp24,681
kurang bayar PPN sebesar Rp24.681 (termasuk (including penalties). For VAT case, on 30 March
denda). Untuk kasus PPN, pada tanggal 30 Maret 2023, ADMF has received Objection Decision
2023, ADMF telah menerima Keputusan Keberatan reducing the VAT Payable from Rp24,681 to
yang isinya mengurangkan PPN terutang dari Rp21,976. For the CIT case, on 2 May 2023,
Rp24.681 menjadi Rp21.976. Untuk kasus PPh ADMF received an Objection Decision that granted
Badan, pada tanggal 2 Mei 2023, ADMF telah part of the ADMF’s objection amounting Rp12,791
menerima Keputusan Keberatan yang isinya out of the total request amounted to Rp17,278.
mengabulkan sebagian permohonan keberatan ADMF has received tax refund from the portion of
sebesar Rp12.791 dari total permohonan sebesar CIT and VAT that was granted during the objection
Rp17.278. ADMF telah menerima pengembalian pajak process. For the rejected portion on CIT Case of
dari porsi PPh Badan dan PPN yang dikabulkan pada Rp4,487, ADMF agreed with the CIT objection
proses keberatan. Atas porsi PPh Badan yang ditolak decision amounted to Rp388 which was charged to
keberatannya sebesar Rp4.487, ADMF menyetujui the statement profit or loss on June 2023.
sebagian keputusan keberatan sebesar Rp388 yang
sudah dibebankan ke laporan laba rugi Juni 2023.
Pada tanggal 14 Juni 2023, ADMF mengajukan On 14 June 2023, ADMF filed an appeal request to
banding untuk kasus PPh Badan sebesar Rp4.099 Tax Court for the CIT case of Rp4,099 and the VAT
dan kasus PPN sebesar Rp21.976. Pada tanggal case of Rp21,976. On 15 May 2024, the Tax Court
15 Mei 2024, Pengadilan Pajak memutuskan sengketa decided on ADMF CIT and VAT dispute. In the Tax
PPh Badan dan PPN ADMF. Dalam Putusan Court's Decision for the CIT case for Fiscal Year
Pengadilan Pajak untuk kasus PPh Badan Tahun 2017, the Panel of Judges rejected ADMF’s appeal
Pajak 2017, Majelis Hakim menolak permohonan amounted to Rp4,099. In the Tax Court's Decision
banding ADMF sebesar Rp4.099. Dalam Putusan for the VAT case for the period January -
Pengadilan Pajak untuk kasus PPN masa Januari - December 2017, the Panel of Judges rejected the
Desember 2017, Majelis Hakim menolak permohonan Company's appeal amounted to Rp21,976.
banding Perseroan sebesar Rp21.976.
Pada tanggal 19 Juli 2024, ADMF mengajukan On 19 July 2024, ADMF has submitted a Judicial
Permohonan Peninjauan Kembali atas kasus PPh Review to Supreme Court for CIT case of Rp4,099
Badan sebesar Rp4.099 dan kasus PPN sebesar and VAT case of Rp21,976 which was rejected by
Rp21.976 yang ditolak oleh Majelis Hakim. Sampai the Panel of Judges. Up to reporting date, the legal
dengan tanggal pelaporan, upaya hukum Peninjauan action for Judicial Review is still in process.
Kembali masih dalam proses.
LAMPIRAN – 5/117 – SCHEDULE
684 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 687
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
ADMF (lanjutan) ADMF (continued)
Pemeriksaan pajak tahun 2018 Tax audit for the fiscal year 2018
Pada bulan 5 September 2023, ADMF menerima SKP In 5 September 2023, ADMF received Tax
untuk tahun fiskal 2018. Berdasarkan SKP tersebut, Assessment Letters for the fiscal year 2018. Based
Kantor Pajak menetapkan kurang bayar atas PPh on the Assessment Letters, the Tax Office
Pasal 21, PPh Pasal 21 Final, PPh Pasal 23/26, PPh confirmed the underpayment of Article 21 Income
Pasal 4 ayat (2), PPN, dan PPh Badan dengan jumlah Tax, Article 21 Final Income Tax, Withholding Tax
keseluruhan Rp38.473. ADMF setuju dengan koreksi Articles 23/26, Withholding Tax Article 4 paragraph
kurang bayar PPh Pasal 21, PPh Pasal 21 Final, PPh (2), VAT, and CIT aggregating Rp38,473. ADMF
Pasal 23/26, dan PPh Pasal 4 ayat (2) sebesar Rp152. agreed with correction on Article 21, Article 21
Final, Articles 23/26, and Article 4 paragraph (2)
underpayment of Rp152.
Pada tanggal 3 November 2023, ADMF mengajukan On 3 November 2023, ADMF has submitted the
keberatan atas ketetapan kurang bayar Pajak objection on Corporate Income Tax underpayment
Penghasilan Badan sebesar Rp12.814 dan ketetapan of Rp12,814 and VAT underpayment of Rp25,507
kurang bayar PPN sebesar Rp25.507 (termasuk (including penalties). For VAT case, on 31 July
denda). Untuk kasus PPN, pada tanggal 31 Juli 2024, 2024, ADMF has received Objection Decision
ADMF telah menerima Keputusan Keberatan yang reducing the VAT payable from Rp25,507 to
isinya mengurangkan PPN terutang dari Rp25.507 Rp24,804. For CIT case, on 31 July 2024, ADMF
menjadi Rp24.804. Untuk kasus PPh Badan, pada has received Objection Decision reducing the CIT
tanggal 31 Juli 2024, ADMF telah menerima payable from Rp12,814 to Rp12,563. ADMF has
Keputusan Keberatan yang isinya mengurangkan PPh received tax refund from the portion of CIT and
Badan terutang dari Rp12.814 menjadi Rp12.563. VAT that was granted during the objection process.
ADMF telah menerima pengembalian pajak dari porsi ADMF plans to submit appeal to tax court. For
PPh Badan dan PPN yang dikabulkan pada proses rejected portion on CIT case of Rp12,563, ADMF
keberatan. Atas porsi PPh Badan yang ditolak agreed with CIT objection decision amounting to
keberatannya sebesar Rp12.563, ADMF menyetujui Rp2,161 which was charged to the statement of
sebagian keputusan keberatan sebesar Rp2.161 yang profit or loss on October 2024. On 15 October
telah dibebankan ke laporan laba rugi Oktober 2024. 2024, ADMF submitted appeal for CIT and VAT
Pada 15 Oktober 2024, ADMF mengajukan banding amounted to Rp10,402 and Rp24,804. Up to the
untuk PPh Badan dan PPN masing-masing sebesar reporting date, the appeal was still in process.
Rp10.402 dan Rp24.804. Sampai dengan tanggal
pelaporan, proses banding masih dalam proses.
LAMPIRAN – 5/118 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 685
Page 688
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
d. Aset pajak tangguhan d. Deferred tax assets
Bank Bank
2024
Dikreditkan/
(dibebankan)
ke penghasilan
Dikreditkan/ komprehensif
(dibeban-kan) lain/
ke laba rugi/ Credited/
Credited/ (charged)
(charged) to other
1 Januari/ to profit or comprehensive 31 Desember/
January loss income December
Aset pajak tangguhan: Deferred tax assets:
- Kerugian kredit Expected credit losses -
ekspektasian atas aset dan on assets and
penghapusbukuan pinjaman 1.636.619 (1.151.069) - 485.550 loans written off
- (Keuntungan)/kerugian yang Unrealized (gains)/losses -
belum direalisasi atas from changes in fair
perubahan nilai wajar value of marketable
efek-efek dan Obligasi securities and
Pemerintah - neto 21.995 (2.341) 29.387 49.041 Government Bonds-net
- Imbalan kerja karyawan Accrued employee -
yang masih harus dibayar 501.191 8.608 (466) 509.333 benefits
- Penyusutan aset tetap 10.724 (16.814) - (6.090) Depreciation of fixed assets -
- Kerugian pajak - 620.394 - 620.394 Fiscal losses -
- Lain-lain (81.451) (1.690) 2.045 (81.096) Others -
Jumlah aset pajak tangguhan - Total deferred tax assets -
neto 2.089.078 (542.912) 30.966 1.577.132 net
2023
Dikreditkan/
(dibebankan)
ke penghasilan
Dikreditkan/ komprehensif
(dibeban-kan) lain/
ke laba rugi/ Credited/
Credited/ (charged)
(charged) to other
1 Januari/ to profit or comprehensive 31 Desember/
January loss income December
Aset pajak tangguhan: Deferred tax assets:
- Kerugian kredit Expected credit losses -
ekspektasian atas aset dan on assets and
penghapusbukuan pinjaman 2.026.332 (389.713) - 1.636.619 loans written off
- (Keuntungan)/kerugian yang Unrealized (gains)/losses -
belum direalisasi atas from changes in fair
perubahan nilai wajar value of marketable
efek-efek dan Obligasi securities and
Pemerintah - neto 59.171 598 (37.774) 21.995 Government Bonds-net
- Imbalan kerja karyawan Accrued employee -
yang masih harus dibayar 453.466 37.950 9.775 501.191 benefits
- Penyusutan aset tetap 20.664 (9.940) - 10.724 Depreciation of fixed assets -
- Lain-lain (85.077) 4.295 (669) (81.451) Others -
Jumlah aset pajak tangguhan - Total deferred tax assets -
neto 2.474.556 (356.810) (28.668) 2.089.078 net
LAMPIRAN – 5/119 – SCHEDULE
686 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 689
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
27. PERPAJAKAN (lanjutan) 27. TAXATION (continued)
d. Aset pajak tangguhan (lanjutan) d. Deferred tax assets (continued)
Entitas Anak Subsidiary
2024
Dikreditkan/
(dibebankan)
Dikreditkan/ ke penghasilan
(dibebankan) komprehensif lain/
ke laba rugi/ Credited/(charged)
Credited/ to other
1 Januari/ (charged) comprehensive 31 Desember/
January to profit or loss income December
Aset pajak tangguhan: Deferred tax assets:
- Cadangan Allowance for other-
piutang lain-lain 81.451 82.914 - 164.365 receivables
- Penyusutan aset tetap (17.519) 1.327 - (16.192) Depreciation of fixed assets -
- Imbalan kerja karyawan Accrued employee -
yang masih harus dibayar 245.864 (22.745) (2.795) 220.324 Benefits and others
- Promosi 37.863 (17.048) - 20.815 Promotion -
- Bagian efektif atas perubahan Effective portion on -
nilai wajar instrumen fair value changes of
derivatif untuk lindung derivative instruments for
nilai arus kas 212 - 2.996 3.208 cash flow hedge
- Lain-lain 7.094 635 (2.704) 5.025 Others -
Jumlah aset pajak tangguhan - Total deferred tax assets -
neto 354.965 45.083 (2.503) 397.545 net
2023
Dikreditkan/
(dibebankan)
Dikreditkan/ ke penghasilan
(dibebankan) komprehensif lain/
ke laba rugi/ Credited/(charged)
Credited/ to other
1 Januari/ (charged) comprehensive 31 Desember/
January to profit or loss income December
Aset pajak tangguhan: Deferred tax assets:
- Cadangan Allowance for other-
piutang lain-lain 73.545 7.906 - 81.451 receivables
- Penyusutan aset tetap (20.786) 3.267 - (17.519) Depreciation of fixed assets -
- Imbalan kerja karyawan Accrued employee -
yang masih harus dibayar 243.925 (16.079) 18.018 245.864 Benefits and others
- Promosi 91.860 (53.997) - 37.863 Promotion -
- Bagian efektif atas perubahan Effective portion on -
nilai wajar instrumen fair value changes of
derivatif untuk lindung derivative instruments for
nilai arus kas 955 - (743) 212 cash flow hedge
- Lain-lain 5.918 1.176 - 7.094 Others -
Jumlah aset pajak tangguhan - Total deferred tax assets -
neto 395.417 (57.727) 17.275 354.965 net
e. Administrasi e. Administration
Sesuai dengan peraturan perpajakan di Indonesia, Under the taxation laws in Indonesia, the Bank
Bank dan Entitas Anak melaporkan/menyetorkan and Subsidiary submit/pay individual corporate
pajak untuk setiap perusahaan sebagai suatu tax returns (income tax reporting on consolidated
badan hukum yang terpisah (pelaporan pajak basis is not allowed) on the basis of self-
penghasilan konsolidasi tidak diperbolehkan) assessment. The tax authorities may assess or
berdasarkan prinsip self-assessment. Fiskus dapat amend taxes within the statute of limitation, under
menetapkan/mengubah pajak-pajak tersebut dalam prevailing regulations. Directorate General of Tax
jangka waktu tertentu sesuai peraturan yang berlaku. (“DJP”) may assess or amend tax liabilities within
Direktorat Jenderal Pajak (“DJP”) dapat menetapkan five years since the time the tax becomes due.
atau mengubah liabilitas pajak dalam waktu lima tahun
sejak saat terutangnya pajak.
LAMPIRAN – 5/120 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 687
Page 690
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
28. PINJAMAN SUBORDINASI 28. SUBORDINATED LOAN
Rincian pinjaman subordinasi pada tanggal The details of subordinated loan as of
31 Desember 2024 dan 2023 sebagai berikut: 31 December 2024 and 2023 is as follows:
2024 2023
MUFG Bank, Ltd. 25.000 25.000 MUFG Bank, Ltd.
Pada tanggal 27 November 2018, Bank melakukan On 27 November 2018, the Bank entered into a
perjanjian pinjaman subordinasi dengan MUFG Bank, subordinated loan agreement amounted to Rp25,000
Ltd., pihak berelasi, senilai Rp25.000. Pinjaman with MUFG Bank, Ltd., a related party. The
subordinasi tersebut telah dicairkan seluruhnya dari subordinated loan was fully disbursed from MUFG
MUFG Bank, Ltd. pada tanggal 4 Desember 2018 Bank, Ltd. on 4 December 2018 with fixed interest rate
dengan tingkat suku bunga tetap sebesar 9,27%. of 9.27%. The subordinated loan has been extended
Pinjaman telah diperpanjang pada tanggal 4 Desember on 4 December 2023 with fixed interest rate of 7.33%
2023 dengan tingkat suku bunga tetap sebesar 7,33% per annum and will mature in 5 years from the loan
dan akan jatuh tempo dalam 5 tahun sejak tanggal extension date. The subordinated loan was used to
perpanjangan pinjaman. Pinjaman subordinasi tersebut fulfill the requirements of recovery plan according to
dilakukan untuk memenuhi persyaratan rencana aksi POJK No.14/POJK.03/2017 concerning the Recovery
(recovery plan) sesuai POJK No.14/POJK.03/2017 Plan for Systemic Banks. The subordinated loan
tentang Rencana Aksi (Recovery Plan) bagi Bank cannot be early terminated or repaid before its maturity
Sistemik. Pinjaman subordinasi ini tidak dapat dilunasi date without obtaining prior approval from OJK.
sebelum tanggal jatuh tempo tanpa mendapat
persetujuan terlebih dahulu dari OJK.
Sesuai surat OJK No.S-85/PB.32/2018 tanggal As per OJK’s letter No.S-85/PB.32/2018 dated
23 Oktober 2018, OJK memberikan persetujuan 23 October 2018, OJK approved the subordinated loan
pelaksanaan pinjaman subordinasi untuk diperhitungkan to be included as part of capital components and as
sebagai komponen modal dan menjadi bagian dari part of the Bank’s obligation in the Bank’s Recovery
kewajiban Bank dalam Rencana Aksi Bank untuk tahun Plan for 2018, subject to the Bank fulfilling all
2018 setelah Bank memenuhi seluruh persyaratan yang requirements as stated in the letter. The Bank per its
disebutkan dalam surat OJK tersebut. Bank melalui surat letter to OJK No.042/TRS/1218 dated 6 December
yang ditujukan kepada OJK No.042/TRS/1218 tanggal 6 2018, has confirmed that all requirements stipulated by
Desember 2018, telah mengonfirmasikan bahwa seluruh OJK have been fulfilled.
persyaratan yang ditetapkan OJK tersebut telah
dipenuhi.
Perjanjian pinjaman subordinasi ini memuat pembatasan The subordinated loan agreement has negative
yang tidak boleh dilakukan Bank sebagai berikut: covenants as follows:
1. Mengubah bidang usaha utama Bank. 1. Change the main business of the Bank.
2. Mengurangi modal dasar, modal ditempatkan dan 2. Reduce the authorized capital, issued capital
modal disetor, kecuali jika pengurangan tersebut and paid-up capital, except if the reduction is
dilakukan atas dasar permintaan atau perintah dari done based on the request or order from the
regulator yang memiliki kewenangan untuk regulator which is capable to do so in
melakukan hal tersebut sesuai dengan ketentuan accordance with prevailing law.
hukum yang berlaku.
Pada tanggal 31 Desember 2024, Bank telah memenuhi As of 31 December 2024, the Bank has complied with
seluruh persyaratan yang disebutkan dalam perjanjian all the requirements mentioned in the subordinated
pinjaman subordinasi. loan agreement.
LAMPIRAN – 5/121 – SCHEDULE
688 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 691
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
29. BEBAN YANG MASIH HARUS DIBAYAR DAN 29. ACCRUALS AND OTHER LIABILITIES
LIABILITAS LAIN-LAIN
2024 2023
Provisi pinjaman diterima dimuka 3.435.294 3.651.679 Unearned loan provision
Beban yang masih harus dibayar 2.527.560 2.863.771 Accrued expenses
Cadangan imbalan kerja Provision for employee
karyawan (Catatan 43) 2.220.028 2.269.410 benefits (Note 43)
Utang bunga 586.944 423.210 Interest payable
Pembelian efek-efek yang Accrued purchase of
masih harus dibayar 536.778 211.979 marketable securities
Liabilitas sewa 496.630 375.990 Lease liability
Dana setoran 327.880 298.329 Temporary fund
Utang kepada dealer 203.574 515.028 Payable to dealers
Kerugian Kredit Ekspektasian -
Transaksi Rekening Expected Credit Losses
Administratif 153.035 120.020 - off Balance Sheet
Liabilitas terkait transaksi asuransi 141.271 188.048 Insurance transaction liability
Pajak final 88.587 68.627 Final tax
Kewajiban kepada card holder 67.405 61.139 Payable to card holder
Liabilitas transaksi nasabah 37.543 71.694 Customer transaction liability
Instrumen BI lainnya – Devisa Other BI instrument – Devisa Hasil
Hasil Ekspor (DHE) 16.095 754.453 Ekspor (DHE)
Utang kepada merchant 10.503 10.382 Payable to merchants
Setoran jaminan 7.989 8.356 Security deposits
Cadangan biaya lainnya 2.909 21.246 Other provisions
Utang dividen 736 730 Dividend Payable
Lain-lain 469.048 781.702 Others
11.329.809 12.695.793
Saldo di atas pada tanggal 31 Desember 2024 terdiri atas The above balance as of 31 December 2024 consists of
beban yang masih harus dibayar dan liabilitas lain-lain dalam accruals and other liabilities in Rupiah of Rp9,686,999 and
Rupiah sebesar Rp9.686.999 dan mata uang asing sebesar in foreign currencies of Rp1,642,810 (2023: Rp11,385,031
Rp1.642.810 (2023: Rp11.385.031 dan Rp1.310.762) and Rp1,310,762) (Note 53).
(Catatan 53).
Beban yang masih harus dibayar Accrued expenses
Akun ini termasuk akrual untuk kesejahteraan karyawan This account includes an accrual for employees’ welfare of
sebesar Rp1.083.966 (2023: Rp1.026.285), dan sisanya Rp1,083,966 (2023: Rp1,026,285) and the remainder
merupakan akrual untuk beban operasional Bank dan Entitas represents accruals in relation to operational costs of the
Anak. Bank and Subsidiary.
Instrumen BI lainnya – Devisa Hasil Ekspor (DHE) Other BI instrument – Devisa Hasil Ekspor (DHE)
Akun ini adalah dana DHE yang diterima dari eksportir yang This account is DHE funds received from exporters which
selanjutnya ditempatkan oleh Bank pada instrumen TD Valas are further placed by the Bank in DHE Foreign Exchange
DHE yang diterbitkan oleh Bank Sentral Indonesia. TD instruments issued by the Central Bank of Indonesia.
Utang kepada dealer Payable to dealers
Utang kepada dealer merupakan liabilitas ADMF kepada Payable to dealers represents ADMF liabilities to dealers
dealer atas nasabah-nasabah yang telah memperoleh for the approved consumer financing contracts, where the
persetujuan kredit dan pihak dealer telah menyerahkan dealers have delivered the vehicles to the customers.
kendaraan yang dibiayai kepada nasabah tersebut.
Pendapatan diterima dimuka Unearned income
Akun ini termasuk imbalan yang diterima dimuka dari ZAI This account includes upfront fees received from ZAI
sebesar Rp1.494.000 dan diamortisasi selama periode amounted to Rp1,494,000 and amortized over the contract
kontrak (Catatan 20). period (Note 20).
LAMPIRAN – 5/122 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 689
Page 692
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
29. BEBAN YANG MASIH HARUS DIBAYAR DAN 29. ACCRUALS AND OTHER LIABILITIES (continued)
LIABILITAS LAIN-LAIN (lanjutan)
Pendapatan diterima dimuka (lanjutan) Unearned income (continued)
Selain itu, termasuk juga pendapatan diterima dimuka dari In addition, included in the unearned income is the
PT Asuransi Jiwa Manulife dimana berdasarkan perjanjian collaboration fees received from PT Asuransi Jiwa Manulife
pada tanggal 31 Maret 2020, Bank dan PT Asuransi Jiwa which based on the agreement dated 31 March 2020, the
Manulife setuju untuk memperpanjang collaboration Bank and PT Asuransi Jiwa Manulife agreed to extend their
agreement yang ada dalam mempromosikan dan existing collaboration agreement in promoting and
memperkenalkan produk asuransi PT Asuransi Jiwa introducing insurance products of PT Asuransi Jiwa
Manulife kepada nasabah Bank dan Entitas Anak. Sebagai Manulife to the Bank’s and its Subsidiary’s customers. In
imbal balik, Bank dan Entitas Anak telah menerima return, the Bank and its Subsidiary have received extension
perpanjangan collaboration fee dari PT Asuransi Jiwa collaboration fee from PT Asuransi Jiwa Manulife which is
Manulife yang diakui dalam pendapatan diterima dimuka dan recognized in unearned income and amortized to profit and
diamortisasi ke laba rugi. loss.
30. MODAL SAHAM 30. SHARE CAPITAL
2024
Jumlah saham
ditempatkan dan
disetor penuh/ Persentase
Number of shares kepemilikan/
issued and Percentage Jumlah nominal/
Pemegang saham fully paid of ownership Nominal value Shareholders
Saham Seri A (nilai nominal A Series shares (par value
Rp50.000 (nilai penuh) of Rp50,000 (full amount)
per saham) per share)
Masyarakat (kepemilikan Public (ownership interest
masing-masing dibawah 5%) 22.400.000 0,23% 1.120.000 below 5% each)
Saham Seri B (nilai nominal B Series shares (par value
Rp500 (nilai penuh) of Rp500 (full amount)
per saham) per share)
MUFG Bank, Ltd. MUFG Bank, Ltd.
(langsung dan tidak langsung) 9.038.053.192 92,47% 4.519.027 (direct and indirect)
Masyarakat (kepemilikan Public (ownership interest
masing-masing dibawah 5%) 708.640.822 7,25% 354.321 below 5% each)
Direksi: Board of Directors:
- Honggo Widjojo Kangmasto 1.188.000 0,01% 594 Honggo Widjojo Kangmasto -
- Dadi Budiana 749.700 0,01% 375 Dadi Budiana -
- Herry Hykmanto 680.256 0,01% 340 Herry Hykmanto -
- Hafid Hadeli 534.200 0,01% 267 Hafid Hadeli -
- Muljono Tjandra 503.000 0,01% 251 Muljono Tjandra -
- Thomas Sudarma 460.100 0,00% 230 Thomas Sudarma -
- Rita Mirasari 343.600 0,00% 172 Rita Mirasari -
9.751.152.870 99,77% 4.875.577
9.773.552.870 100% 5.995.577
LAMPIRAN – 5/123 – SCHEDULE
690 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 693
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
30. MODAL SAHAM (lanjutan) 30. SHARE CAPITAL (continued)
2023
Jumlah saham
ditempatkan dan
disetor penuh/ Persentase
Number of shares kepemilikan/
issued and Percentage Jumlah nominal/
Pemegang saham fully paid of ownership Nominal value Shareholders
Saham Seri A (nilai nominal A Series shares (par value
Rp50.000 (nilai penuh) of Rp50,000 (full amount)
per saham) per share)
Masyarakat (kepemilikan Public (ownership interest
masing-masing dibawah 5%) 22.400.000 0,23% 1.120.000 below 5% each)
Saham Seri B (nilai nominal B Series shares (par value
Rp500 (nilai penuh) of Rp500 (full amount)
per saham) per share)
MUFG Bank, Ltd. MUFG Bank, Ltd.
(langsung dan tidak langsung) 9.038.053.192 92,47% 4.519.027 (direct and indirect)
Masyarakat (kepemilikan Public (ownership interest
masing-masing dibawah 5%) 709.807.522 7,27% 354.904 below 5% each)
Direksi: Board of Directors:
- Honggo Widjojo Kangmasto 854.500 0,01% 427 Honggo Widjojo Kangmasto -
- Dadi Budiana 571.500 0,01% 286 Dadi Budiana -
- Herry Hykmanto 562.956 0,01% 281 Herry Hykmanto -
- Muljono Tjandra 407.700 0,00% 204 Muljono Tjandra -
- Thomas Sudarma 343.500 0,00% 172 Thomas Sudarma -
- Hafid Hadeli 278.500 0,00% 139 Hafid Hadeli -
- Rita Mirasari 273.500 0,00% 137 Rita Mirasari -
9.751.152.870 99,77% 4.875.577
9.773.552.870 100,00% 5.995.577
MUFG Bank, Ltd. merupakan entitas anak yang sepenuhnya MUFG Bank, Ltd. is wholly-owned subsidiary of Mitsubishi
dimiliki oleh Mitsubishi UFJ Financial Group, Inc. yang UFJ Financial Group, Inc. which is based in Japan.
berkedudukan di Jepang.
31. TAMBAHAN MODAL DISETOR 31. ADDITIONAL PAID-IN CAPITAL
Tambahan modal disetor terdiri dari: Additional paid-in capital consists of:
2024 2023
Agio saham 7.546.140 7.546.140 Additional paid-in capital
Biaya emisi efek ekuitas (154.384) (154.384) Share issuance costs
Adjustment on additional
Penyesuaian agio saham (135.432) (135.432) paid-up capital
Penyesuaian agio saham - efek Adjustment on additional
penggabungan usaha paid-up-capital - effect of merger
dengan BNP 729.647 729.647 with BNP
Jumlah 7.985.971 7.985.971 Total
LAMPIRAN – 5/124 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 691
Page 694
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
32. PENGGUNAAN LABA BERSIH 32. APPROPRIATION OF NET INCOME
Penggunaan laba bersih untuk dua tahun buku terakhir The appropriation of net income for the last two financial
adalah sebagai berikut: years is as follows:
Laba bersih untuk tahun buku/
Net income for financial year
2023 2022
Pembagian dividen tunai 1.226.385 1.155.820 Distribution of cash dividend
Pembentukan cadangan umum Appropriation for general
dan wajib 35.039 33.023 and legal reserve
Saldo laba 2.242.458 2.113.471 Retained earnings
3.503.882 3.302.314
Rapat Umum Pemegang Saham Tahunan (“RUPS The Annual General Meeting of Shareholders (“Annual
Tahunan”) yang diadakan pada tanggal 22 Maret 2024, GMS”) which was held on 22 March 2024, approved the
memutuskan pembagian total dividen tunai untuk tahun buku total cash dividend distribution for the 2023 financial year of
2023 sebesar 35% dari laba bersih atau sejumlah kurang 35% of the net profit or in the amount of approximately
lebih Rp1.226.359 atau Rp125,48 (nilai penuh) per saham Rp1,226,359 or Rp125.48 (full amount) per share for series
seri A dan seri B dan pembentukan cadangan umum dan A and series B shares and the allocation for general and
wajib sebesar Rp35.039. legal reserve in the amount of Rp35,039.
Berdasarkan Daftar Pemegang Saham tanggal 4 April 2024 Based on the Shareholders Registry as of 4 April 2024
yang merupakan tanggal pencatatan daftar pemegang whereby shareholders registered as of that date are entitled
saham yang berhak atas dividen, jumlah saham yang to the dividends, the total number of issued shares as of
beredar pada tanggal 4 April 2024 adalah 9.773.552.870 4 April 2024 was 9,773,552,870 shares, therefore, the
saham, sehingga dividen per saham yang dibagikan pada dividends distributed on 25 April 2024 amounted to
tanggal 25 April 2024 adalah sebesar Rp125,48 (nilai penuh) Rp125.48 (full amount) per share for series A and series B
per saham seri A dan seri B atau jumlah dividen tunai adalah shares or total cash dividends of Rp1,226,385.
sebesar Rp1.226.385.
Rapat Umum Pemegang Saham Tahunan (“RUPS The Annual General Meeting of Shareholders (“Annual
Tahunan”) yang diadakan pada tanggal 31 Maret 2023, GMS”) which was held on 31 March 2023, approved the
memutuskan pembagian total dividen tunai untuk tahun buku total cash dividend distribution for the 2022 financial year of
2022 sebesar 35% dari laba bersih atau sejumlah kurang 35% of the net profit or in the amount of approximately
lebih Rp1.155.820 atau Rp118,26 (nilai penuh) per saham Rp1,155,820 or Rp118.26 (full amount) per share for series
seri A dan seri B dan pembentukan cadangan umum dan A and series B shares and the allocation for general and
wajib sebesar Rp33.023. legal reserve in the amount of Rp33,023.
Berdasarkan Daftar Pemegang Saham tanggal 13 April 2023 Based on the Shareholders Registry as of 13 April 2023
yang merupakan tanggal pencatatan daftar pemegang whereby shareholders registered as of that date are entitled
saham yang berhak atas dividen, jumlah saham yang to the dividends, the total number of issued shares as of
beredar pada tanggal 13 April 2023 adalah 9.773.552.870 13 April 2023 was 9,773,552,870 shares, therefore, the
saham, sehingga dividen per saham yang dibagikan pada dividends distributed on 4 May 2023 amounted to Rp118.26
tanggal 4 Mei 2023 adalah sebesar Rp118,26 (nilai penuh) (full amount) per share for series A and series B shares or
per saham seri A dan seri B atau jumlah dividen tunai adalah total cash dividends of Rp1,155,820.
sebesar Rp1.155.820.
LAMPIRAN – 5/125 – SCHEDULE
692 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 695
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
33. CADANGAN UMUM DAN WAJIB 33. GENERAL AND LEGAL RESERVES
Pada tanggal 31 Desember 2024, Bank telah membentuk As of 31 December 2024, the Bank had general and
cadangan umum dan wajib sebesar Rp563.887 legal reserves of Rp563,887 (2023: Rp528,848). This
(2023: Rp528.848). Cadangan umum dan wajib ini dibentuk general and legal reserve was provided in relation with
sehubungan dengan mengenai Perseroan Terbatas, yang regarding the Limited Liability Company which requires
mengharuskan perusahaan-perusahaan untuk membuat companies to set up a general reserve amounted to at
penyisihan cadangan umum sebesar sekurang-kurangnya least 20% of the issued and fully paid share capital.
20% dari jumlah modal yang ditempatkan dan disetor penuh. There is no timeline over which this amount should be
Undang-undang tersebut tidak mengatur jangka waktu untuk provided.
membentuk cadangan tersebut.
34. PENDAPATAN BUNGA 34. INTEREST INCOME
2024 2023
Pinjaman yang diberikan 12.556.268 10.630.665 Loans
Piutang pembiayaan konsumen 8.018.861 7.672.498 Consumer financing receivables
Obligasi Pemerintah 1.067.846 925.785 Government Bonds
Marketable securities and
Efek-efek dan tagihan lainnya 756.007 455.459 other bills receivable
Penempatan pada bank lain Placements with other banks
dan BI 389.953 525.939 and BI
22.788.935 20.210.346
Pendapatan bunga berdasarkan klasifikasi aset keuangan Interest income based on the classification of financial
adalah sebagai berikut: assets is as follows:
2024 2023
Biaya perolehan diamortisasi 21.205.585 19.162.493 Amortized cost
Nilai wajar melalui Fair value through other
penghasilan komprehensif lain 1.487.956 968.501 comprehensive income
Nilai wajar melalui
laporan laba rugi 95.394 79.352 Fair value through profit or loss
22.788.935 20.210.346
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024, the amortization
31 Desember 2024, amortisasi dari beban yang terkait of costs directly incurred in acquiring customers
langsung dari perolehan nasabah (“biaya transaksi”) sebesar (“transaction cost”) amounted to Rp1,088,753 was
Rp1.088.753 disajikan sebagai pengurang dari pendapatan recorded as a deduction from interest income (2023:
bunga (2023: Rp798.584). Rp798,584).
35. BEBAN BUNGA 35. INTEREST EXPENSE
2024 2023
Simpanan nasabah Deposits from customers
- Giro 796.620 565.850 Current accounts -
- Tabungan 550.792 801.225 Savings -
- Deposito berjangka 4.009.414 2.337.914 Time deposits -
Pinjaman yang diterima dan Borrowings and deposits
simpanan dari bank lain 1.087.793 666.090 from other banks
Efek yang diterbitkan 445.493 366.783 Securities issued
Beban asuransi penjaminan Deposit insurance guarantee
simpanan 294.004 256.480 expense
7.184.116 4.994.342
LAMPIRAN – 5/126 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 693
Page 696
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
36. PENDAPATAN DAN BEBAN PROVISI DAN KOMISI 36. FEES AND COMMISSION INCOME AND EXPENSE
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024, included in fees
31 Desember 2024, termasuk di dalam pendapatan provisi and commission income are credit related fees income
dan komisi adalah pendapatan provisi terkait dengan amounted to Rp341,761 (2023: Rp284,586) and service
kegiatan perkreditan sebesar Rp341.761 (2023: Rp284.586) commissions amounted to Rp896,884 (2023: Rp927,599).
dan komisi atas jasa yang dilakukan sebesar Rp896.884
(2023: Rp927.599).
Termasuk didalam beban provisi dan komisi tahun yang Included in provision and commissions expense for the
berakhir pada tanggal 31 Desember 2024 adalah beban year ended 31 December 2024 is credit related provision
provisi terkait dengan kegiatan perkreditan sebesar expense amounted to Rp234,801 (2023: Rp336,470).
Rp234.801 (2023: Rp336.470).
37. IMBALAN JASA LAIN 37. OTHER FEES
2024 2023
Imbalan administrasi 1.454.309 1.289.378 Administration fees
Transaksi bancassurance 745.342 748.769 Bancassurance transactions
Transaksi kartu kredit 77.801 83.985 Credit card transactions
Lain-lain 210.022 184.067 Others
2.487.474 2.306.199
38. KEUNTUNGAN/(KERUGIAN) DARI PERUBAHAN 38. GAINS/(LOSSES) FROM CHANGES IN FAIR VALUE
NILAI WAJAR ATAS INSTRUMEN KEUANGAN OF FINANCIAL INSTRUMENTS AT FAIR VALUE
YANG DIUKUR PADA NILAI WAJAR MELALUI LABA THROUGH PROFIT OR LOSS - NET
RUGI - NETO
2024 2023
Obligasi Pemerintah dan Efek- Trading Government bonds and
efek yang diperdagangkan Marketable securities
(Catatan 8 dan 15) 4.648 2.845 (Notes 8 and 15)
Instrumen derivatif (Catatan 10) (24.469) (216.654) Derivative instruments (Note 10)
(19.821) (213.809)
39. BEBAN UMUM DAN ADMINISTRASI 39. GENERAL AND ADMINISTRATIVE EXPENSES
2024 2023
Beban kantor 2.306.128 2.177.499 Office expenses
Iklan dan promosi 884.886 894.085 Advertising and promotion
Penyusutan aset tetap dan Depreciation of fixed assets and
aset hak guna 491.622 386.700 right-of-use assets
Sewa 433.035 373.597 Rental
Beban amortisasi 268.807 253.912 Amortization expenses
Komunikasi 199.662 206.664 Communications
Beban bunga liabilitas sewa 29.244 21.448 Interest expense on lease liabilities
Lain-lain 76.892 46.975 Others
4.690.276 4.360.880
LAMPIRAN – 5/127 – SCHEDULE
694 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 697
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
40. BEBAN TENAGA KERJA DAN TUNJANGAN 40. SALARIES AND EMPLOYEE BENEFITS
2024 2023
Gaji dan tunjangan lainnya 5.842.858 5.574.070 Salaries and other allowance
Pendidikan dan pelatihan 105.045 148.286 Education and training
Lain-lain 452.109 418.475 Others
6.400.012 6.140.831
Remunerasi Direksi, Dewan Komisaris, dan Komite Audit Remuneration for Board of Directors, Board of
Bank dan Entitas Anak adalah sebagai berikut: Commissioners, and Audit Committee of the Bank and
Subsidiary is as follows:
2024
Tunjangan dan
fasilitas lainnya, bruto/
Gaji, bruto/ Other allowance and
Salaries, gross benefits, gross Jumlah/Total
Direksi 62.465 128.730 191.195 Board of Directors
Dewan Komisaris 15.672 22.811 38.483 Board of Commissioners
Komite Audit 1.832 479 2.311 Audit Committee
79.969 152.020 231.989
2023
Tunjangan dan
fasilitas lainnya, bruto/
Gaji, bruto/ Other allowance and
Salaries, gross benefits, gross Jumlah/Total
Direksi 58.462 126.011 184.473 Board of Directors
Dewan Komisaris 16.410 20.129 36.539 Board of Commissioners
Komite Audit 1.804 454 2.258 Audit Committee
76.676 146.594 223.270
41. PENDAPATAN BUKAN OPERASIONAL 41. NON-OPERATING INCOME
2024 2023
Penerimaan dari asuransi atas Insurance recoveries of loans
pinjaman yang telah dihapusbukukan 47.019 32.040 written off
Keuntungan penjualan aset tetap Gain on sale of fixed assets
(Catatan 18) 13.494 2.476 (Note 18)
Lain-lain 36.846 81.957 Others
97.359 116.473
42. BEBAN BUKAN OPERASIONAL 42. NON-OPERATING EXPENSES
2024 2023
Kerugian atas penjualan aset Loss on disposal of foreclosed
yang diambil alih 121.057 143.997 assets
Kerugian penjualan aset tetap Loss on disposal of fixed assets
(Catatan 18) 2.880 326 (Note 18)
Kerugian penghapusan aset tetap 402 2.087 Loss on write-off fixed assets
Lain-lain 29.746 57.842 Others
154.085 204.252
LAMPIRAN – 5/128 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 695
Page 698
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
a. Program pensiun iuran pasti a. Defined contribution pension plan
Bank Bank
Bank menyelenggarakan program pensiun iuran pasti untuk The Bank has a defined contribution pension plan covering
karyawan tetap yang memenuhi syarat yang dikelola dan its qualified permanent employees, which is managed and
diadministrasikan oleh PT Asuransi Jiwa Manulife Indonesia. administered by PT Asuransi Jiwa Manulife Indonesia.
Pada tanggal 31 Desember 2024 dan 2023, iuran yang As of 31 December 2024 and 2023, the employees’ and
dibayarkan oleh karyawan dan Bank masing-masing adalah the Bank’s contributions were 3.75% and 4.25%,
sebesar 3,75% dan 4,25% dari penghasilan dasar karyawan. respectively, of the employees’ basic salaries.
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024 and 2023, the
31 Desember 2024 dan 2023, imbalan pasti Bank yang diakui Bank’s defined benefit are recognized as “salaries and
sebagai “beban tenaga kerja dan tunjangan” masing-masing employee benefits” amounted to Rp7,354 and Rp8,002,
sebesar Rp7.354 dan Rp8.002. respectively.
Bank mengikut-sertakan seluruh karyawan ke dalam The Bank registers all employees into the government
program pemerintah BPJS Kesehatan yang dimulai pada program BPJS Medical starting June 2015 with the
bulan Juni 2015 dengan besar iuran yang dibayarkan oleh employee and the Bank’s contribution at 0.50% and 4.00%,
karyawan dan Bank masing-masing adalah sebesar 0,50% respectively of the employee wages. Employee
dan 4,00% dari upah karyawan. Besarnya iuran karyawan contribution became 1.00% starting July 2015.
berubah menjadi 1,00% mulai bulan Juli 2015.
Bank juga mengikut-sertakan seluruh karyawan kedalam The Bank also registered all employees into the
program pemerintah BPJS Ketenagakerjaan yang dimulai government program BPJS Pension starting July 2015 with
pada bulan Juli 2015 dengan besar iuran yang dibayarkan the employee and the Bank’s contribution at 1.00% and
oleh karyawan dan Bank masing-masing adalah sebesar 2.00%, respectively, of the employee wages.
1,00% dan 2,00% dari upah karyawan.
Entitas Anak Subsidiary
ADMF menyelenggarakan program pensiun imbalan pasti ADMF has defined benefit pension program covering its
untuk karyawan tetap yang sudah memenuhi kriteria yang qualified permanent employees who meet the Company’s
ditetapkan Perseroan dan dikelola serta diadministrasikan criteria, managed and administered by PT Asuransi Jiwa
oleh PT Asuransi Jiwa Manulife Indonesia. Manulife Indonesia.
Pada tanggal 31 Desember 2024 dan 2023, ADMF As of 31 December 2024 and 2023, ADMF paid pension
membayar iuran pensiun sebesar 3,00% dari penghasilan costs at 3.00% from the employees’ basic salaries.
dasar karyawan.
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024 and 2023, the
31 Desember 2024 dan 2023, imbalan pasti ADMF yang defined benefit for ADMF recognized as “salaries and
diakui sebagai “beban tenaga kerja dan tunjangan” masing- employee benefits” amounted to Rp27,931 and Rp26,194,
masing sebesar Rp27.931 dan Rp26.194. respectively.
b. Program pensiun manfaat pasti b. Defined benefit pension plan
Bank Bank
Liabilitas atas program pensiun manfaat pasti dan imbalan The liability for defined benefit pension plan and post-
pasca-kerja pada tanggal 31 Desember 2024 dan 2023 employment benefits as of 31 December 2024 and 2023
dihitung oleh perusahaan konsultan aktuaria I Gde Eka was calculated by a licensed actuarial consulting firm I Gde
Sarmaja, FSAI, dengan menggunakan metode Projected- Eka Sarmaja, FSAI, using the Projected-Unit-Credit
Unit-Credit. method.
LAMPIRAN – 5/129 – SCHEDULE
696 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 699
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Program pensiun manfaat pasti (lanjutan) b. Defined benefit pension plan (continued)
Bank (lanjutan) Bank (continued)
Untuk tahun yang berakhir pada tanggal 31 Desember 2024, For the year ended 31 December 2024, the Bank set aside
Bank telah menyisihkan dana untuk mendukung pemenuhan funds to be used to support the fulfilment of post-employment
liabilitas imbalan pasca-kerja karyawan sebesar Rp100.000, benefit obligations to the Bank’s employees amounting to
yang ditempatkan pada DPLK AIA Financial dalam bentuk Rp100,000, which is placed in DPLK AIA Financial in the form
program Pengelolaan Manfaat Pensiun untuk Dana of Management of Post-employment Benefit Compensation
Kompensasi Pasca Kerja, yang memenuhi kriteria untuk dicatat plan, that meet the criteria to be recorded as plan asset.
sebagai aset program.
Tabel berikut ini menyajikan saldo kewajiban imbalan pasca- The following table reflects the balance the Bank’s obligation for
kerja Bank pada tanggal 31 Desember 2024 dan 2023: post-employment benefits as of 31 December 2024 and 2023:
2024 2023
Nilai kini kewajiban imbalan Present value of obligation
pasca-kerja 1.425.468 1.556.003 post-employment benefit
Nilai wajar aset program (15.078) - Fair value of plan asset
Kewajiban imbalan pasca-kerja 1.410.390 1.556.003 Obligation for post-employment benefit
Nilai yang diakui dalam laporan laba rugi dan penghasilan Amounts recognized in statement of profit or loss and other
komprehensif lain atas imbalan pasca-kerja adalah sebagai comprehensive income in respects of post-employment
berikut: benefits are as follows:
2024 2023
Diakui pada laba rugi Recognized in profit or loss
Beban jasa kini 161.034 146.011 Current service cost
Beban jasa lalu (191.538) 9.550 Past service cost
Keuntungan atas penyelesaian (3.202) - Gains on settlements
Beban bunga atas kewajiban 97.949 93.352 Interest on obligation
64.243 248.913
Diakui pada penghasilan Recognized in other
Komprehensif lain comprehensive income
Efek perubahan asumsi keuangan (16.828) 50.395 Effect of financial assumption changes
Efek penyesuaian pengalaman 15.500 (5.963) Effect of experience adjustment
Imbal hasil atas aset program (791) - Return on plan asset
(2.119) 44.432
Jumlah yang diakui di laporan laba Total recognized in statement of profit
rugi dan penghasilan komprehensif or loss and other comprehensive
lain 62.124 293.345 income
Perubahan nilai kini kewajiban imbalan pasca kerja adalah The movements of the present value of obligation for post
sebagai berikut: employment benefits are as follows:
2024 2023
Saldo pada awal tahun 1.556.003 1.413.900 Balance at beginning year
Beban jasa kini 161.034 146.011 Current service cost
Beban jasa lalu (191.538) 9.550 Past service cost
Keuntungan atas penyelesaian (3.202) - Gains on settlements
Beban bunga 97.949 93.352 Interest expense
Imbalan yang dibayar oleh
pemberi kerja (107.737) (151.242) Benefits paid from employer
Iuran pemberi kerja (100.000) - Employer contributions
Pengukuran kembali: Remeasurement:
Perubahan dalam asumsi keuangan (16.828) 50.395 Change in financial assumptions
Penyesuaian pengalaman 15.500 (5.963) Experience adjustment
Imbal hasil atas aset program (791) - Return on plan asset
Saldo pada akhir tahun 1.410.390 1.556.003 Balance at end of year
LAMPIRAN – 5/130 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 697
Page 700
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Program pensiun manfaat pasti (lanjutan) b. Defined benefit pension plan (continued)
Bank (lanjutan) Bank (continued)
Perubahan nilai wajar aset program untuk program pasca- Movements in the fair value of the plan asset for post-
kerja: employment program were as follows:
2024
Saldo awal nilai wajar aset program - Beginning fair value of plan asset
Iuran pemberi kerja 100.000 Employer contributions
Pembayaran imbalan dari aset program (82.511) Benefit payment from plan asset
Pembayaran penyelesaian dari
aset program (3.202) Settlement payments from plan asset
Pengukuran kembali: Remeasurements:
Imbal hasil atas aset program 791 Return on plan asset:
Saldo akhir nilai wajar aset Ending balance fair value of
program 15.078 plan asset
Komposisi aset program pada tanggal 31 Desember 2024 The composition of plan asset for the year ended
adalah sebagai berikut: 31 December 2024 are as follows:
2024
Pasar uang 90% Money market
Pendapatan tetap 10% Fixed income
100%
Asumsi-asumsi utama yang digunakan dalam Key assumptions used in the above calculation:
perhitungan di atas:
2024 2023
Asumsi ekonomi: Economic assumptions:
- Tingkat diskonto per tahun 7,00% 6,75% Annual discount rate -
6% untuk tahun
pertama,
6,5% untuk tahun
selanjutnya/6% for first
- Tingkat kenaikan penghasilan year, 6.5% for the Annual basic salary -
dasar per tahun 6,5% following years growth rate
Asumsi demografi: Economic assumptions:
- Tingkat kematian TMI 2019 TMI 2019 Mortality rate -
- Tingkat kecacatan 10% of TMI 2019 10% of TMI 2019 Disability rate -
LAMPIRAN – 5/131 – SCHEDULE
698 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 701
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Program pensiun manfaat pasti (lanjutan) b. Defined benefit pension plan (continued)
Bank (lanjutan) Bank (continued)
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to a
perubahan tingkat suku bunga pasar, dengan variabel lain reasonably possible change in market interest rates, with
dianggap tetap, terhadap kewajiban imbalan pasca-kerja dan all other variables held constant, of the obligation for post-
beban jasa kini pada tanggal 31 Desember 2024 dan 2023: employment and current service cost as of
31 December 2024 and 2023:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (63.392) 69.878 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 74.800 (69.101) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic
assumptions:
Tingkat diskonto per tahun 100 basis point (71.839) 79.092 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 84.286 (77.949) Annual salary growth rate
Liabilitas imbalan kerja Bank pada tanggal 31 Desember The Bank’s employee benefit liabilities as of
2024 dan 2023 telah sesuai dengan laporan aktuaris 31 December 2024 and 2023 is in accordance with the
independen tertanggal 31 Januari 2025 dan 8 Januari 2024. independent actuarial report dated 31 January 2025 and
8 January 2024.
Entitas Anak Subsidiary
Liabilitas atas program pensiun manfaat pasti dan imbalan The liability for defined benefit pension plan and post-
pasca-kerja pada tanggal 31 Desember 2024 dan 2023 employment benefits as of 31 December 2024 and 2023
dihitung oleh perusahaan konsultan aktuaria I Gde Eka was calculated by a licensed actuarial consulting firm I Gde
Sarmaja, FSAI, dengan menggunakan metode Projected- Eka Sarmaja, FSAI, using the Projected-Unit-Credit
Unit-Credit. method.
LAMPIRAN – 5/132 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 699
Page 702
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Program pensiun manfaat pasti (lanjutan) b. Defined benefit pension plan (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Nilai yang diakui dalam laporan laba rugi dan penghasilan Amounts recognized in statement of profit or loss and
komprehensif lain atas program pensiun imbalan pasti other comprehensive income in respects of the defined
adalah sebagai berikut: benefit plan are as follows:
2024 2023
Diakui pada laba rugi Recognized in profit or loss
Beban jasa kini 58.032 46.797 Current service cost
Beban jasa lalu - (65.417) Past service cost
Beban bunga atas kewajiban 37.289 33.749 Interest on obligation
95.321 15.129
Diakui pada penghasilan Recognized in other
komprehensif lain comprehensive income
Effect of financial assumption
Efek perubahan asumsi keuangan (12.767) 77.453 changes
Efek penyesuaian pengalaman 62 4.447 Effect of experience adjustment
(12.705) 81.900
Jumlah yang diakui di laporan laba Total recognized in statement of
rugi dan penghasilan profit or loss and other
komprehensif lain 82.616 97.029 comprehensive income
Perubahan nilai kini kewajiban imbalan pasca kerja adalah The movements of the present value of obligation for
sebagai berikut: post-employment benefits are as follows:
2024 2023
Saldo pada awal tahun 561.160 492.986 Balance at beginning year
Beban jasa kini 58.032 46.797 Current service cost
Beban jasa lalu - (65.417) Past service cost
Beban bunga 37.289 33.749 Interest expense
Imbalan yang dibayar (23.350) (28.855) Benefits paid
Pengukuran kembali: Remeasurement:
Perubahan dalam asumsi keuangan (12.767) 77.453 Change in financial assumptions
Penyesuaian pengalaman 62 4.447 Experience adjustment
Saldo pada akhir tahun 620.426 561.160 Balance at end of year
Asumsi-asumsi utama yang digunakan dalam Key assumptions used in the above calculation:
perhitungan di atas:
2024 2023
Asumsi ekonomi: Economic assumptions:
- Tingkat diskonto per tahun 7,00% 6,75% Annual discount rate -
- Tingkat kenaikan penghasilan Annual basic salary -
dasar per tahun 7,00% 7,00% growth rate
Asumsi demografi: Economic assumptions:
- Tingkat kematian TMI 2019 TMI 2019 Mortality rate -
- Tingkat kecacatan 10% of TMI 2019 10% of TMI 2019 Disability rate -
LAMPIRAN – 5/133 – SCHEDULE
700 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 703
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Program pensiun manfaat pasti (lanjutan) b. Define benefit pension plan (continued)
Entitas Anak (lanjutan) Subsidiary (continued)
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to a
perubahan tingkat suku bunga pasar, dengan variabel lain reasonably possible change in market interest rates, with
dianggap tetap, terhadap liabilitas imbalan pasca-kerja dan all other variables held constant, of the obligation for post-
beban jasa kini Entitas anak pada tanggal 31 Desember employment and current service cost of Subsidiary as of
2024 dan 2023: 31 December 2024 and 2023:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (47.452) 53.455 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 66.908 (60.186) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (45.114) 50.989 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 63.350 (56.794) Annual salary growth rate
Liabilitas imbalan kerja ADMF pada tanggal-tanggal ADMF’s employee benefits liability as of 31 December
31 Desember 2024 dan 2023 telah sesuai dengan laporan 2024 and 2023 was in accordance with the independent
aktuaris independent masing-masing tertanggal 30 Januari actuarial report dated 30 January 2025 and 23 January
2025 dan 23 Januari 2024. 2024, respectively.
c. Imbalan kerja jangka panjang lainnya c. Other long-term employment benefits
Bank Bank
Nilai yang diakui dalam laporan laba rugi atas imbalan kerja Amounts recognized in statement of profit or loss in
jangka panjang lainnya adalah sebagai berikut: respects of the other long-term employment benefits are as
follows:
2024 2023
Diakui pada Laba Rugi Recognized in Profit or Loss
Beban jasa kini 15.377 11.779 Current service cost
Beban jasa lalu - 361 Past service cost
Beban bunga atas kewajiban 6.876 4.937 Interest on obligation
Pengukuran kembali: Remeasurement:
Imbalan kerja jangka panjang lain 25.685 24.098 Other long term benefits
Jumlah yang diakui di laporan Total recognized in statement of
laba rugi 47.938 41.175 profit or loss
LAMPIRAN – 5/134 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 701
Page 704
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
c. Imbalan kerja jangka panjang lainnya (lanjutan) c. Other long-term employment benefits (continued)
Bank (lanjutan) Bank (continued)
Perubahan nilai kini kewajiban imbalan kerja jangka panjang The movements of the present value of other long-term
lainnya adalah sebagai berikut: employment benefits are as follows:
2024 2023
Saldo pada awal tahun 106.856 74.597 Balance at beginning year
Beban jasa kini 15.377 11.779 Current service cost
Beban jasa lalu - 361 Past service cost
Beban bunga 6.876 4.937 Interest expense
Imbalan yang dibayar (11.894) (8.916) Benefits paid
Pengukuran kembali: Remeasurement:
Perubahan dalam asumsi keuangan 22.974 22.255 Change in financial assumptions
Penyesuaian pengalaman 2.711 1.843 Experience adjustment
Saldo pada akhir tahun 142.900 106.856 Balance at end of year
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to a
perubahan tingkat suku bunga pasar, dengan variabel lain reasonably possible change in market interest rates, with all
dianggap tetap, terhadap imbalan kerja jangka panjang lainnya other variables held constant, of other long-term
dan beban jasa kini Bank pada tanggal 31 Desember 2024 dan employment benefits and current service cost of Bank as of
2023: 31 December 2024 and 2023:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (6.477) 7.218 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 1.693 (1.579) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (4.902) 5.425 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 1.613 (1.508) Annual salary growth rate
LAMPIRAN – 5/135 – SCHEDULE
702 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 705
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
c. Imbalan kerja jangka panjang lainnya (lanjutan) c. Other long-term employment benefits (continued)
Entitas Anak Subsidiary
Nilai yang diakui dalam laporan laba rugi atas imbalan kerja Amounts recognized in statement of profit or loss in
jangka panjang lainnya adalah sebagai berikut: respects of the other long-term employment benefits are
as follows:
2024 2023
Diakui pada Laba Rugi Recognized in Profit or Loss
Beban jasa kini 6.237 5.426 Current service cost
Beban bunga atas kewajiban 2.814 2.590 Interest on obligation
Effect of financial
Efek perubahan asumsi keuangan (573) 2.810 Assumption changes
Efek penyesuaian pengalaman 3.519 3.898 Effect of experience adjustment
Jumlah yang diakui di laporan Total recognized in statement of
laba rugi 11.997 14.724 profit or loss
Perubahan nilai kini kewajiban imbalan kerja jangka panjang The movements of the present value of obligation for other
lainnya adalah sebagai berikut: long-term employment benefits are as follows:
2024 2023
Saldo pada awal tahun 45.391 40.503 Balance at beginning year
Beban jasa kini 6.237 5.426 Current service cost
Beban bunga 2.814 2.590 Interest expense
Imbalan yang dibayar (11.076) (9.836) Benefits paid
Pengukuran kembali atas imbalan pasca
kerja: Remeasurement:
Perubahan dalam asumsi keuangan (573) 2.810 Change in financial assumptions
Experience adjustment on
Penyesuaian pengalaman kewajiban 3.519 3.898 obligation
Saldo pada akhir tahun 46.312 45.391 Balance at end of year
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to a
perubahan tingkat suku bunga pasar, dengan variabel lain reasonably possible change in market interest rates, with all
dianggap tetap, terhadap imbalan kerja jangka panjang other variables held constant, of other long-term employment
lainnya dan beban jasa kini Entitas Anak pada tanggal benefits and current service cost of Subsidiary as of
31 Desember 2024 dan 2023: 31 December 2024 and 2023:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (2.171) 2.375 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 2.499 (2.324) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/ asumsi/ asumsi/
Change in Increase in Decrease in
assumption assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 100 basis point (2.154) 2.361 Annual discount rate
Tingkat kenaikan penghasilan dasar 100 basis point 2.476 (2.299) Annual salary growth rate
LAMPIRAN – 5/136 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 703
Page 706
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
43. DANA PENSIUN DAN IMBALAN KERJA LAINNYA 43. PENSION PLAN AND OTHER EMPLOYEE BENEFITS
(lanjutan) (continued)
Bank dan Entitas Anak Bank and Subsidiary
Tabel berikut ini adalah perubahan liabilitas imbalan pasca The following table shows the movements of the post
kerja Bank dan Entitas Anak untuk tahun yang berakhir pada employment benefits liability of the Bank and Subsidiary for
tanggal 31 Desember 2024 dan 2023: the year ended 31 December 2024 and 2023:
2024 2023
Saldo awal 2.269.410 2.021.986 Beginning balance
Beban tahun berjalan - neto 219.499 319.941 Current year expenses - net
Penghasilan komprehensif lain Other comprehensive income
selama tahun berjalan (14.824) 126.332 during the year
Pembayaran kepada karyawan (154.057) (198.849) Payment to employees
Penempatan dana pada
perusahaan asuransi (aset Deposit fund to insurance company
program) (100.000) - (plan asset)
Liabilitas yang diakui di laporan Liability recognized in consolidated
posisi keuangan konsolidasian 2.220.028 2.269.410 statement of financial position
Rata-rata durasi dari liabilitas imbalan pasca-kerja adalah The average of duration of the obligation for
2,75 tahun – 8,23 tahun (2023: 3,31 tahun – 8,66 tahun). post-employment benefits is 2.75 years – 8.23 years
(2022: 3.31 years – 8.66 years).
44. PROGRAM KOMPENSASI JANGKA PANJANG 44. LONG-TERM COMPENSATION PROGRAM
Program Insentif Jangka Panjang ("LTIP") diberikan Bank The Long-Term Incentive Program (“LTIP”) which was
kepada Senior Executive secara selektif setiap tahun, berupa awarded by the Bank to the Senior Executives selectively
program retensi dalam bentuk kas yang diberikan sejak every year as a retention program in the form of cash which
tahun 2019 dengan masa tunggu 3 tahun dan pembayaran has been granted on 2019 with 3 years vesting period and
penuh akan dilakukan pada tahun ketiga. the full payment will be done in the third year.
Untuk tahun yang berakhir pada tanggal For the year ended 31 December 2024 the amount
31 Desember 2024 jumlah yang telah dicatat ke laba rugi recorded in profit and loss amounted to Rp86,555
tahun berjalan adalah sebesar Rp86.555 (2023: Rp85.009). (2023: Rp85,009).
LAMPIRAN – 5/137 – SCHEDULE
704 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 707
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
45. LABA BERSIH PER SAHAM DASAR YANG 45. BASIC EARNINGS PER SHARE ATTRIBUTABLE TO
DIATRIBUSIKAN KEPADA PEMILIK ENTITAS INDUK EQUITY HOLDERS OF THE PARENT ENTITY
Laba bersih per saham dasar dihitung dengan membagi laba Basic earnings per share is calculated by dividing net
bersih dengan rata-rata tertimbang jumlah saham biasa yang income by the weighted average number of ordinary shares
beredar pada tahun bersangkutan. outstanding during the year.
2024 2023
Laba bersih yang diatribusikan Net income attributable to equity
kepada pemilik entitas induk 3.179.335 3.503.882 holders of the parent entity
Rata-rata tertimbang jumlah Weighted average number of
saham biasa yang beredar 9.773.552.870 9.773.552.870 ordinary shares outstanding
Laba bersih per saham dasar
yang diatribusikan Basic earnings per share
kepada pemilik entitas induk attributable to equity holders
(nilai penuh) 325,30 358,51 of the parent entity (full amount)
Laba bersih per saham dasar dan dilusian adalah sama, Basic and diluted earnings per share are the same, because
karena Bank tidak memiliki potensi dilutif atas saham yang the Bank does not have dilutive effect of issued share.
telah dikeluarkan.
46. KOMITMEN DAN KONTINJENSI 46. COMMITMENTS AND CONTINGENCIES
2024 2023
Liabilitas komitmen Commitment liabilities
- Fasilitas kredit kepada debitur Unused loan facilities to -
yang belum digunakan 4.898.230 4.922.801 debtors
- Irrevocable letters of credit Outstanding irrevocable -
yang masih berjalan 1.082.139 852.894 letters of credit
Jumlah liabilitas komitmen 5.980.369 5.775.695 Total commitment liabilities
Tagihan kontinjensi Contingent receivables
- Garansi dari bank lain 766.033 744.141 Guarantee from other banks -
Jumlah tagihan kontinjensi 766.033 744.141 Total contingent receivables
Liabilitas kontinjensi Contingent liabilities
- Garansi yang diterbitkan Guarantees issued in the -
dalam bentuk: form of:
- Garansi Bank 7.139.369 6.456.018 Bank guarantees -
- Standby letters of credit 1.180.186 992.160 Standby letters of credit -
Jumlah liabilitas kontinjensi 8.319.555 7.448.178 Total contingent liabilities
Liabilitas kontinjensi - neto 7.553.522 6.704.037 Contingent liabilities - net
Liabilitas komitmen dan Commitment and
kontinjensi - neto 13.533.891 12.479.732 contingent liabilities - net
LAMPIRAN – 5/138 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 705
Page 708
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
46. KOMITMEN DAN KONTINJENSI (lanjutan) 46. COMMITMENTS AND CONTINGENCIES (continued)
Liabilitas komitmen Commitment liabilities
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 168.021 114.562 letters of credit
Fasilitas kredit kepada debitur Unused loan facilities
yang belum digunakan 3.823.889 4.458.543 to debtors
3.991.910 4.573.105
Mata uang asing Foreign currencies
Irrevocable letters of credit Outstanding irrevocable
yang masih berjalan 914.118 738.332 letters of credit
Fasilitas kredit kepada debitur Unused loan facilities
yang belum digunakan 1.074.341 464.258 to debtors
1.988.459 1.202.590
Jumlah 5.980.369 5.775.695 Total
b. Berdasarkan kolektibilitas OJK b. By OJK collectibility
Kolektibilitas liabilitas komitmen sesuai dengan Collectibility of commitment liabilities in accordance
peraturan OJK diungkapkan pada Catatan 61i. with the OJK regulation are disclosed in Note 61i.
Liabilitas kontinjensi Contingent liabilities
a. Berdasarkan jenis dan mata uang a. By type and currency
2024 2023
Rupiah Rupiah
Garansi yang diterbitkan Guarantees issued in the
dalam bentuk: form of:
- Garansi Bank 6.759.423 5.896.207 Bank guarantees -
- Standby letters of credit 624.536 484.530 Standby letters of credit -
7.383.959 6.380.737
Mata uang asing Foreign currencies
Garansi yang diterbitkan Guarantees issued in the
dalam bentuk: form of:
- Garansi Bank 379.946 559.811 Bank guarantees -
- Standby letters of credit 555.650 507.630 Standby letters of credit -
935.596 1.067.441
Jumlah 8.319.555 7.448.178 Total
b. Berdasarkan kolektibilitas OJK b. By OJK collectibility
Kolektibilitas liabilitas kontinjensi sesuai dengan Collectibility of contingent liabilities in accordance with
peraturan OJK diungkapkan pada Catatan 61i. the OJK regulation are disclosed in Note 61i.
Selain itu, Bank menghadapi berbagai kasus hukum yang In addition, the Bank is a party to various unresolved legal
belum terselesaikan, tuntutan administrasi, dan gugatan actions, administrative proceedings, and claims in the
sehubungan dengan kegiatan usaha Bank. Tidak ordinary course of its business. It is not possible to predict
memungkinkan bagi Bank untuk memperkirakan dengan with certainty whether or not the Bank will ultimately be
pasti apakah Bank akan berhasil dalam setiap kasus successful in any of these legal matters or, if not, what
hukum tersebut, atau jika tidak, dampak yang mungkin the impact might be.
timbul.
LAMPIRAN – 5/139 – SCHEDULE
706 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 709
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
46. KOMITMEN DAN KONTINJENSI (lanjutan) 46. COMMITMENTS AND CONTINGENCIES (continued)
Perikatan Penting Significant Agreement
Pada tanggal 13 Januari 2023, Bank telah On 13 January 2023, the Bank has signed agreement
menandatangani perjanjian penempatan dana pada regarding placement to MUFG Innovation Partners
MUFG Innovation Partners Garuda No.1 Investment Garuda No.1 Investment Limited Partnership (Venture
Limited Partnership (Dana Ventura) sebagai mitra Capital Fund) as Limited Partners (the General Partners
terbatas (Limited Partner) (General Partner pendanaan ini of the Fund is MUFG Innovation Partners, MUIP) with
adalah MUFG Innovation Partners, MUIP) dengan total total commitment of USD10,000,000 (10% of total initial
komitmen sebesar USD10.000.000 (10% dari total Fund size). Up to the reporting date, the Bank has
pendanaan). Sampai dengan tanggal pelaporan, Bank executed 3 capital calls amounted to USD3,000,000 (full
telah melakukan 3 kali penempatan dana sejumlah amount).
USD3.000.000 (nilai penuh).
Pada tanggal 17 April 2023, Bank dan ADMF telah On 17 April 2023, the Bank and ADMF have signed the
menandatangani Perjanjian Transfer Portfolio dengan Portfolio Transfer Agreement with Standard Chartered
Standard Chartered Bank Indonesia (“SCBI”) untuk Bank Indonesia (“SCBI”) to acquire SCBI’s
mengakuisisi portfolio Pinjaman Ritel Konvensional SCBI Conventional Retail Loan portfolio that consists of Credit
yang terdiri atas Kartu Kredit, Kredit Tanpa Agunan, Kredit Card, Personal Loan, Mortgage, and Auto Loan (by
Pemilikan Rumah, dan Kredit Kendaraan Bermotor (oleh ADMF). The portfolio transfer has been completed on
ADMF). Transfer portofolio tersebut telah diselesaikan 8 December 2023, with the final closing statement of the
pada tanggal 8 Desember 2023, dengan pernyataan transaction finalized and executed in April 2024.
penutupan akhir transaksi telah difinalisasi dan dieksekusi
pada April 2024.
Pada tanggal 12 Agustus 2024, Bank telah On 12 August 2024, the Bank has signed Shareholders
menandatangani Perjanjian Antar Pemegang Saham Agreement related to Establishment and Development
(PAPS) mengenai Kerja Sama Pembentukan dan of Central Counterparty (CCP) in PT Kliring Penjaminan
Pengembangan Central Counterparty (CCP) pada Efek Indonesia (KPEI) together with PT Bursa Efek
PT Kliring Penjaminan Efek (KPEI) bersama dengan Indonesia (BEI), Bank Indonesia (BI), KPEI and other 7
PT Bursa Efek Indonesia (BEI), Bank Indonesia (BI), KPEI banks.
dan 7 bank umum lainnya.
Penyetoran modal sebesar Rp20.000 pada KPEI telah Investment of Rp20,000 has been completed on
dilakukan pada 25 September 2024 dan Bank telah resmi 25 September 2024 and the Bank has officially been a
menjadi pemegang saham minoritas KPEI efektif per minority shareholder of KPEI effective as of
tanggal 26 September 2024 berdasarkan Anggaran Dasar 26 September 2024 according to Articles of Association
KPEI yang dimuat dalam Akta Notaris of KPEI contained in Notarial Act No.05 dated
No.05 tanggal 26 September 2024 dan SK Menkumham 26 September 2024 and SK Menkumham RI
RI No.AHU-0061216.AH.01.02 tahun 2024. No.AHU-0061216.AH.01.02 year 2024.
LAMPIRAN – 5/140 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 707
Page 710
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
47. INFORMASI MENGENAI PIHAK BERELASI 47. RELATED PARTIES INFORMATION
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties*) Nature of relationship Nature of transaction
Komisaris, direksi, dan personil Pengawas, pengurus dan karyawan Pinjaman yang diberikan dan remunerasi/Loans
manajemen kunci/Commissioners, kunci/Oversight team, management, and remuneration
directors, and key management and key management personnel
personnel
MUFG Bank, Ltd. Pemegang saham/Shareholder Penempatan dana, Tagihan derivatif, Tagihan
akseptasi, Aset lain-lain, Simpanan dana, Liabilitas
derivatif, Utang akseptasi, Pinjaman yang diterima,
Pinjaman subordinasi dan Liabilitas lain-lain/Fund
placements, Derivatives receivable, Acceptance
receivable, Other assets, Deposit fund, Derivative
payable, Acceptance payable, Borrowings,
Subordinated loan and Other liabilities
PT Zurich Asuransi Indonesia Tbk Entitas Asosiasi/Associate Entity Aset lain-lain, Simpanan dana, Utang obligasi dan
Liabilitas lain-lain/Other assets, Deposit fund,
Bonds payable and Other liabilities
PT Mandala Multifinance Tbk Entitas Asosiasi /Associate Entity Simpanan dana, Pinjaman yang diberikan dan
Aset lain-lain/Deposit fund, Loans and Other
asset
PT JACCS MPM Finance Indonesia Dimiliki oleh pemegang saham pengendali Efek-efek, Pinjaman yang diberikan, Tagihan
yang sama dengan MUFG Bank, Ltd./ derivatif, Aset lain-lain, Simpanan dana dan
Owned by the same controlling shareholder Liabilitas derivatif/Marketable securities, Loans,
of MUFG Bank, Ltd. Derivative receivables, Other asset, Deposit fund
and Derivatives liabilities
PT General Integrated Company Dimiliki oleh keluarga Komisaris/Owned by Simpanan dana dan Liabilitas lain-lain/Deposit fund
Commissioner’s family and Other liabilities
Bank of Ayudhya Public Company, Ltd. Dimiliki oleh pemegang saham pengendali Penempatan dana, Simpanan dana dan Utang
yang sama dengan MUFG Bank, Ltd./ akseptasi/Fund placements, Deposit fund and
Owned by the same controlling shareholder Acceptance payables
of MUFG Bank, Ltd.
PT Zurich General Takaful Indonesia Dimiliki oleh entitas asosiasi /Owned by Aset lain-lain, Simpanan dana, Sukuk mudharabah
associate entity dan Liabilitas lain-lain /Other assets, Deposit fund,
Mudharabah bonds and Other liabilities
PT Guna Dharma Dimiliki oleh pemegang saham pengendali Simpanan dana/Deposit fund
yang sama dengan MUFG Bank, Ltd./
Owned by the same controlling shareholder
of MUFG Bank, Ltd.
PT Indosat Ooredoo Hutchison Secara tidak langsung merupakan Pihak Simpanan dana/Deposit fund
Terkait/Indirectly as a related party
MUFG Innovation Partner Garuda No. 1 Dimiliki oleh pemegang saham pengendali Efek-efek/Marketable securities
Investment limited partnership yang sama dengan MUFG Bank, Ltd./
Owned by the same controlling shareholder
of MUFG Bank, Ltd.
Security Bank Corporation Dimiliki oleh pemegang saham pengendali Tagihan akseptasi/Acceptance receivables
yang sama dengan MUFG Bank, Ltd./
Owned by the same controlling shareholder
of MUFG Bank, Ltd.
PT Home Credit Indonesia Dimiliki oleh MUFG Bank, Ltd melalui Bank Pinjaman yang diberikan, Investasi dalam
of Ayudhya Public Company Limited dan saham, Aset lain-lain dan Simpanan dana/Loans,
PT Adira Dinamika Multifinance Tbk/ Investment in shares, Other asset and Deposit
Owned by MUFG Bank, Ltd. through Bank fund
of Ayudhya Public Company Limited and
PT Adira Dinamika Multifinance Tbk.
*) Berdasarkan PSAK 224 (sebelumnya PSAK 7)/Peraturan Bank Indonesia *) According to PSAK 224 (formerly PSAK 7)/Bank Indonesia’s Regulation
LAMPIRAN – 5/141 – SCHEDULE
708 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 711
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
47. INFORMASI MENGENAI PIHAK BERELASI (lanjutan) 47. RELATED PARTIES INFORMATION (continued)
2024 2023
Aset Assets
Giro pada bank lain – neto Current accounts with other banks – net
MUFG Bank, Ltd. 80.718 178.615 MUFG Bank, Ltd.
Bank of Ayudhya Public Company, Ltd. 397 276 Bank of Ayudhya Public Company, Ltd.
81.115 178.891
Persentase terhadap jumlah aset 0,03% 0,08% Percentage to total assets
Efek-efek Marketable securities
PT JACCS MPM Finance Indonesia 100.015 99.826 PT JACCS MPM Finance Indonesia
MUFG Innovation Partners Garuda MUFG Innovation Partners Garuda
No.1 Investment limited partnership 48.285 30.794 No. 1 Investment limited partnership
148.300 130.620
Persentase terhadap jumlah aset 0,06% 0,06% Percentage to total assets
Pinjaman yang diberikan – neto Loans – net
PT Home Credit Indonesia 948.776 497.825 PT Home Credit Indonesia
PT JACCS MPM Finance Indonesia 222.697 233.587 PT JACCS MPM Finance Indonesia
Komisaris dan karyawan kunci 64.428 66.729 Commissioners and key management
PT Mandala Multifinance Tbk 49.500 - PT Mandala Multifinance Tbk
1.285.401 798.141
Persentase terhadap jumlah aset 0,53% 0,36% Percentage to total assets
Tagihan derivatif Derivatives receivables
MUFG Bank, Ltd. 7.013 7.937 MUFG Bank, Ltd.
PT JACCS MPM Finance Indonesia 2.652 - PT JACCS MPM Finance Indonesia
9.665 7.937
Persentase terhadap jumlah aset 0,00% 0,00% Percentage to total assets
Tagihan Akseptasi Acceptance receivables
Security Bank Corporation 149.801 175.573 Security Bank Corporation
MUFG Bank, Ltd. 20.507 - MUFG Bank, Ltd.
170.308 175.573
Persentase terhadap jumlah aset 0,07% 0,08% Percentage to total assets
Investasi dalam saham Investment in shares
PT Home Credit Indonesia 396.870 386.360 PT Home Credit Indonesia
Persentase terhadap jumlah aset 0,16% 0,17% Percentage to total assets
Beban dibayar dimuka dan aset lain-lain Prepayments and other assets
PT Zurich Asuransi Indonesia Tbk 76.233 82.343 PT Zurich Asuransi Indonesia Tbk
PT Zurich General Takaful Indonesia 8.974 13.842 PT Zurich General Takaful Indonesia
MUFG Bank, Ltd. 2.203 - MUFG Bank, Ltd.
PT Home Credit Indonesia 1.529 770 PT Home Credit Indonesia
PT JACCS MPM Finance Indonesia 314 401 PT JACCS MPM Finance Indonesia
PT Mandala Multifinance Tbk 10 - PT Mandala Multifinance Tbk
89.263 97.356
Persentase terhadap jumlah aset 0,04% 0,04% Percentage to total assets
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Giro 487.996 481.477 Current Accounts
Tabungan 100.535 108.640 Savings
Deposito berjangka 124.331 162.655 Time deposits
712.862 752.772
Persentase terhadap jumlah liabilitas 0,37% 0,44% Percentage to total liabilities
LAMPIRAN – 5/142 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 709
Page 712
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
47. INFORMASI MENGENAI PIHAK BERELASI (lanjutan) 47. RELATED PARTIES INFORMATION (continued)
2024 2023
Liabilitas (lanjutan) Liabilities (continued)
Simpanan dari bank lain Deposit for other banks
MUFG Bank, Ltd. 97.821 869.222 MUFG Bank, Ltd.
Bank of Ayudhya Public Company, Ltd. 478 453 Bank of Ayudhya Public Company, Ltd.
98.299 869.675
Persentase terhadap jumlah liabilitas 0,05% 0,51% Percentage to total liabilities
Utang akseptasi Acceptance payables
MUFG Bank, Ltd. 23.340 61.875 MUFG Bank, Ltd.
Bank of Ayudhya Public Company, Ltd. 17.729 - Bank of Ayudhya Public Company, Ltd.
41.069 61.875
Persentase terhadap jumlah liabilitas 0,02% 0,04% Percentage to total liabilities
Liabilitas derivatif Derivative liabilities
MUFG Bank, Ltd. 10.304 4.321 MUFG Bank, Ltd.
PT JACCS MPM Finance Indonesia 1.637 - PT JACCS MPM Finance Indonesia
11.941 4.321
Persentase terhadap jumlah liabilitas 0,01% 0,00% Percentage to total liabilities
Utang obligasi Bonds payable
PT Zurich Asuransi Indonesia Tbk 110.000 110.000 PT Zurich Asuransi Indonesia Tbk
Persentase terhadap jumlah liabilitas 0,06% 0,06% Percentage to total liabilities
Sukuk mudharabah Mudharabah bonds
PT Zurich General Takaful Indonesia 30.000 - PT Zurich General Takaful Indonesia
Persentase terhadap jumlah liabilitas 0,02% - Percentage to total liabilities
Pinjaman yang diterima Borrowings
MUFG Bank, Ltd. 5.600.836 1.389.348 MUFG Bank, Ltd.
Persentase terhadap jumlah liabilitas 2,94% 0,81% Percentage to total liabilities
Pinjaman subordinasi Subordinated loan
MUFG Bank, Ltd. 25.000 25.000 MUFG Bank, Ltd.
Persentase terhadap jumlah liabilitas 0,01% 0,01% Percentage to total liabilities
Beban yang masih harus dibayar dan
liabilitas lain-lain Accruals and other liabilities
PT Zurich Asuransi Indonesia Tbk 1.243.028 1.346.461 PT Zurich Asuransi Indonesia Tbk
MUFG Bank, Ltd. 45.344 12.473 MUFG Bank, Ltd.
PT Zurich General Takaful Indonesia 28.675 43.400 PT Zurich General Takaful Indonesia
PT General Integrated Company 48 - PT General Integrated Company
1.317.095 1.402.334
Persentase terhadap jumlah liabilitas 0,69% 0,82% Percentage to total liabilities
Pendapatan dan Beban Income and Expenses
2024 2023
Pendapatan bunga Interest income
PT Home Credit Indonesia 64.234 7.845 PT Home Credit Indonesia
PT JACCS MPM Finance Indonesia 19.364 24.189 PT JACCS MPM Finance Indonesia
Komisaris, direksi, dan Commissioners, directors, and
personil manajemen kunci 3.502 3.277 key management personnel
PT General Integrated Company 43 21 PT General Integrated Company
PT Mandala Multifinance Tbk 10 - PT Mandala Multifinance Tbk
MUFG Bank, Ltd. 10 16 MUFG Bank, Ltd.
87.163 35.348
Persentase terhadap jumlah pendapatan bunga 0,38% 0,17% Percentage to total interest income
LAMPIRAN – 5/143 – SCHEDULE
710 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 713
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
47. INFORMASI MENGENAI PIHAK BERELASI (lanjutan) 47. RELATED PARTIES INFORMATION (continued)
2024 2023
Pendapatan dan Beban (lanjutan) Income and Expenses (continued)
Beban bunga Interest expense
MUFG Bank, Ltd. 340.403 102.741 MUFG Bank, Ltd.
PT Zurich Asuransi Indonesia Tbk 9.018 5.257 PT Zurich Asuransi Indonesia Tbk
PT Indosat Ooredoo Hutchison 7.664 36.993 PT Indosat Ooredoo Hutchison
Komisaris, direksi, dan personil Commissioners, directors, and key
manajemen kunci 7.216 6.222 management personnel
PT Home Credit Indonesia 2.503 454 PT Home Credit Indonesia
PT Zurich General Takaful Indonesia 2.016 166 PT Zurich General Takaful Indonesia
PT Mandala Multifinance Tbk 1.169 - PT Mandala Multifinance Tbk
PT JACCS MPM Finance Indonesia 1.019 5.114 PT JACCS MPM Finance Indonesia
PT Guna Dharma 137 123 PT Guna Dharma
371.145 157.070
Persentase terhadap jumlah beban bunga 5,17% 3,14% Percentage to total interest expense
Imbalan jasa lain Other fees
PT Zurich Asuransi Indonesia Tbk 100.859 90.535 PT Zurich Asuransi Indonesia Tbk
PT Zurich General Takaful Indonesia 4.631 1.558 PT Zurich General Takaful Indonesia
MUFG Bank, Ltd. 254 - MUFG Bank, Ltd.
105.744 92.093
Persentase terhadap jumlah imbalan
jasa lain 4,25% 3,99% Percentage to total other fees
Beban tenaga kerja dan tunjangan Salaries and employee benefits
atas Komisaris, direksi, dan of the Bank’s and Subsidiary
personil manajemen kunci Bank Commissioners, directors, and
dan Entitas Anak: key management personnel:
Imbalan kerja jangka pendek 537.066 550.191 Short-term employee benefits
Imbalan kerja jangka Other long-term employee
panjang lainnya 71.457 72.622 benefits
Imbalan pasca-kerja 38.344 27.274 Post-employment benefits
Pesangon pemutusan kontrak kerja 3.754 - Working termination benefit
650.621 650.087
Persentase terhadap jumlah beban tenaga kerja Percentage to total salaries
dan tunjangan 10,17% 10,59% and employee benefits
Selama tahun yang berakhir pada tanggal During the year ended 31 December 2024 and 2023, no
31 Desember 2024 dan 2023, tidak terdapat kerugian impairment losses have been recorded on outstanding
penurunan nilai atas saldo transaksi dengan personil balances due from key management personnel, and as of
manajemen kunci, dan pada tanggal 31 Desember 2024 31 December 2024 and 2023, there was no specific
dan 2023, tidak ada penyisihan khusus yang dibuat untuk allowance made for impairment losses on balances with
kerugian penurunan nilai atas transaksi dengan personil key management personnel and their immediate relatives
manajemen kunci dan kerabat dekat mereka.
Transaksi dengan pihak-pihak berelasi dilakukan dengan Transactions with related parties are conducted with
kebijakan harga dan syarat normal, sebagaimana dilakukan normal pricing policy and conditions similar with those of
dengan pihak yang tidak berelasi, kecuali pinjaman yang third parties, except for loans to the Bank’s employees.
diberikan kepada karyawan Bank.
LAMPIRAN – 5/144 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 711
Page 714
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
48. KEPENTINGAN NON-PENGENDALI 48. NON-CONTROLLING INTERESTS
Kepentingan non-pengendali atas aset neto Entitas Anak The movements of the non-controlling interests’ share in
adalah sebagai berikut: the net assets of the Subsidiary are as follows:
2024 2023
Kepentingan non-pengendali Non-controlling interests at
pada awal tahun 722.751 634.779 the beginning of year
Bagian kepentingan non-pengendali Net income for the year attributable
atas laba bersih tahun berjalan 111.550 154.163 to non-controlling interests
Bagian kepentingan non-pengendali Remeasurement of obligation for
atas pengukuran kembali liabilitas post-employment benefits to
imbalan pasca kerja 786 (5.066) non-controlling interest
Bagian kepentingan non-pengendali atas Effective portion on investment
investasi pada saham diukur pada in shares measured at fair value
nilai wajar melalui through other comprehensive
penghasilan komprehensif lain 760 - Income to non-controlling interests
Bagian kepentingan non-pengendali atas Gains from effective portion
kerugian dari bagian on derivative instruments for
efektif atas instrument derivatif untuk cash flow hedges attributable to
lindung nilai arus kas (842) 480 non-controlling interests
Pembagian dividen (77.080) (63.678) Dividend distribution
Likuidasi Entitas Anak - 2.073 Liquidation of Subsidiary
Kepentingan non-pengendali pada Non-controlling interests at
akhir tahun 757.925 722.751 the end of year
49. INFORMASI SEGMEN OPERASI 49. OPERATING SEGMENT INFORMATION
Informasi yang berkaitan dengan segmen usaha utama Information concerning the main business segments as a
secara konsolidasian disajikan dalam tabel di bawah ini: consolidated entity is set out in the table below:
2024
Retail1) Wholesale2) Jumlah/Total
Hasil Segmen Segment Results
Pendapatan bunga neto 10.868.825 4.735.994 15.604.819 Net interest income
Pendapatan selain bunga 3.435.387 1.191.184 4.626.571 Non-interest income
Jumlah pendapatan
operasional 14.304.212 5.927.178 20.231.390 Total operating income
Beban operasional (8.781.312) (2.718.788) (11.500.100) Operating expenses
Beban atas kredit (4.022.404) (468.577) (4.490.981) Cost of credit
(Beban)/pendapatan Non-operating
bukan operasional – neto (85.222) 28.496 (56.726) (expenses)/income – net
Laba sebelum pajak
penghasilan 1.415.274 2.768.309 4.183.583 Income before income tax
Beban pajak penghasilan (892.698) Income tax expense
Laba bersih 3.290.885 Net income
LAMPIRAN – 5/145 – SCHEDULE
712 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 715
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
49. INFORMASI SEGMEN OPERASI (lanjutan) 49. OPERATING SEGMENT INFORMATION (continued)
Informasi yang berkaitan dengan segmen usaha utama Information concerning the main business segments as a
secara konsolidasian disajikan dalam tabel di bawah ini consolidated entity is set out in the table below (continued):
(lanjutan) :
2024
Retail1) Wholesale2) Jumlah/Total
Aset Segmen: Segment Assets:
Pinjaman yang diberikan, Loans, consumer financing
Piutang pembiayaan konsumen, receivables, and investment in
piutang sewa pembiayaan finance leases excluding
tidak termasuk piutang bunga 76.455.436 109.330.964 185.786.400 interest receivables
Aset tresuri - 40.566.424 40.566.424 Treasury assets
76.455.436 149.897.388 226.352.824
Aset yang tidak dapat dialokasi 15.981.716 Unallocated assets
Jumlah aset 242.334.540 Total assets
Liabilitas Segmen: Segment Liabilities:
Pendanaan 76.687.438 76.536.781 153.224.219 Funding
Liabilitas tresuri - 24.095.208 24.095.208 Treasury liabilities
76.687.438 100.631.989 177.319.427
Liabilitas yang tidak dapat dialokasi 13.189.556 Unallocated liabilities
Jumlah liabilitas 190.508.983 Total liabilities
2023
Retail1) Wholesale2) Jumlah/Total
Hasil Segmen Segment Results
Pendapatan bunga neto 10.621.653 4.594.351 15.216.004 Net interest income
Pendapatan selain bunga 3.206.056 1.054.123 4.260.179 Non-interest income
Jumlah pendapatan
operasional 13.827.709 5.648.474 19.476.183 Total operating income
Beban operasional (8.365.449) (2.662.312) (11.027.761) Operating expenses
Beban atas kredit (2.766.598) (900.318) (3.666.916) Cost of credit
Beban bukan operasional – neto (68.342) (19.437) (87.779) Non-operating expenses – net
Laba sebelum pajak
penghasilan 2.627.320 2.066.407 4.693.727 Income before income tax
Beban pajak penghasilan (1.035.682) Income tax expense
Laba bersih 3.658.045 Net income
LAMPIRAN – 5/146 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 713
Page 716
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
49. INFORMASI SEGMEN OPERASI (lanjutan) 49. OPERATING SEGMENT INFORMATION (continued)
Informasi yang berkaitan dengan segmen usaha utama Information concerning the main business segments as a
secara konsolidasian disajikan dalam tabel di bawah ini consolidated entity is set out in the table below (continued):
(lanjutan):
2023
Retail1) Wholesale2) Jumlah/Total
Aset Segmen: Segment Assets:
Pinjaman yang diberikan, Loans, consumer financing
Piutang pembiayaan konsumen, receivables, and investment in
piutang sewa pembiayaan finance leases excluding
tidak termasuk piutang bunga 72.154.312 100.765.338 172.919.650 interest receivables
Aset tresuri - 34.016.627 34.016.627 Treasury assets
72.154.312 134.781.965 206.936.277
Aset yang tidak dapat dialokasi 14.368.255 Unallocated assets
Jumlah aset 221.304.532 Total assets
Liabilitas Segmen: Segment Liabilities:
Pendanaan 71.638.402 68.792.940 140.431.342 Funding
Liabilitas tresuri - 16.103.587 16.103.587 Treasury liabilities
71.638.402 84.896.527 156.534.929
Liabilitas yang tidak dapat dialokasi 14.810.235 Unallocated liabilities
Jumlah liabilitas 171.345.164 Total liabilities
1) 1)
Retail terdiri dari produk dan jasa (termasuk fasilitas kredit yang Retail consists of products and services (includes loans, deposits
diberikan, simpanan dan transaksi-transaksi lain) yang diberikan and other transactions) for individual customer and balances with
kepada nasabah individual serta saldo atas nasabah retail. retail customer.
2) 2)
Wholesale terdiri dari produk dan jasa (termasuk kredit yang Wholesale consists of products and services (includes loans,
diberikan, simpanan dan transaksi-transaksi lain) yang diberikan deposit, and other transaction) for the small-medium enterprise,
kepada nasabah usaha kecil dan menengah, komersial, korporasi, commercial, corporate, financial institution customers, and
institusi keuangan, dan kegiatan tresuri. treasury activities.
50. MANAJEMEN RISIKO KEUANGAN 50. FINANCIAL RISK MANAGEMENT
Bank melakukan pengelolaan risiko yang terdiri dari Risiko The Bank manages risks which consists of Credit Risk,
Kredit, Risiko Pasar, Risiko Likuiditas dan Risiko Operasional Market Risk, Liquidity Risk and Operational Risk as
yang diuraikan pada huruf b sampai dengan huruf e dibawah described in letter b to letter e below. The explanation
ini. Uraian ini menyajikan informasi mengenai eksposur Bank describes information about the Bank’s exposure to
terhadap risiko-risiko tersebut termasuk tujuan, kebijakan dan those risks including the objectives, policies and process
proses yang dilakukan oleh Bank dalam mengukur dan which are done by the Bank in measuring and managing
mengelola risiko. Selain itu, Bank juga melakukan the risks. In addition, the Bank also manages other risks
pengelolaan terhadap risiko lainnya, yaitu Risiko Kepatuhan, such as Compliance Risk, Strategic Risk, Legal Risk,
Risiko Stratejik, Risiko Hukum, Risiko Reputasi dan Risiko Reputation Risk and Sharia related Risk (Investment
terkait dengan Syariah (Risiko Investasi dan Risiko Imbal Risk and Rate of Return Risk). While for risk management
Hasil). Sedangkan untuk pengelolaan risiko terkait dengan related to financial conglomeration, the managed risks
konglomerasi keuangan, risiko yang dikelola termasuk Risiko include Intra-Group Transaction Risk.
Transaksi Intra-Grup.
LAMPIRAN – 5/147 – SCHEDULE
714 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 717
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
Metodologi Methodology
Metodologi perhitungan pencadangan kerugian kredit The methodology for calculating the provisioning of
ekspetasian (KKE) menggunakan metode expected loss expected credit loss (ECL) is forward-looking credit loss
bersifat forward-looking, dimana memperkirakan estimasi method, which estimates the estimated risk of financial
risiko instrumen keuangan sejak pengakuan awal instruments since initial recognition using forward-
menggunakan informasi forward-looking seperti proyeksi looking information such as macroeconomic projections
makroekonomi pertumbuhan ekonomi, inflasi, tingkat suku of economic growth, inflation, interest rates, and
bunga, dan nilai tukar mata uang di setiap tanggal pelaporan, currency exchange rates at each reporting date, also
serta penetapan probability-weighted dari multiple skenario probability-weighted determination of multiple
makroekonomi. macroeconomic scenarios.
Hingga tahun berjalan, Bank melakukan pengkinian data- Until the current year, the Bank is updating the data and
data dan penilaian/kajian model pada metodologi assessing/reviewing the model regularly on the ECL
perhitungan KKE secara berkala untuk menyesuaikan calculation methodology to adjust with current
kondisi dan informasi data terkini. conditions and data information.
a. Kerangka manajemen risiko a. Risk management framework
Organisasi manajemen risiko Bank melibatkan The organization of the Bank’s risk management
pengawasan dari Dewan Komisaris dan Direksi. involves oversight from the Board of
Komite Pemantau Risiko merupakan komite risiko Commissioners and the Board of Directors. The
tertinggi di tingkat Dewan Komisaris yang Risk Oversight Committee is a highest risk
bertanggung jawab untuk memberikan pengawasan committee at the Board of Commissioners’ level
atas pelaksanaan strategi dan kebijakan manajemen who are responsible to oversight the
risiko serta mengevaluasi pelaksanaan tugas Komite implementation of risk management strategies and
Manajemen Risiko dan satuan kerja manajemen policies and evaluate implementation of duties of
risiko Bank dan Entitas Anak. the Risk Management Committee and risk
management working unit in the Bank and
Subsidiary.
Dewan Komisaris mendelegasikan wewenang The Board of Commissioners delegate authority to
kepada Direksi untuk mengimplementasikan strategi the Board of Directors to implement the risk
manajemen risiko. Komite Manajemen Risiko management strategy. The Risk Management
dibentuk pada tingkat Direksi dan bertanggungjawab Committee is established at the Board of Directors’
untuk memberikan rekomendasi kepada Direktur level and is responsible in providing
Utama dalam mengembangkan strategi dan recommendation to the President Director for
kebijakan manajemen risiko, mengelola risiko secara developing the risk management strategy and
keseluruhan di Bank dan Entitas Anak, serta policy, managing overall risk in the Bank and
perbaikan atas pelaksanaan strategi, kebijakan dan Subsidiary, and improving the implementation of
evaluasi atas permasalahan risiko yang signifikan. strategies, policies and evaluating significant risk
Komite Manajemen Risiko diketuai oleh Direktur issues. The Risk Management Committee is
Utama. Khusus untuk unit usaha syariah, selain chaired by the President Director. Specific for
pengawasan dari Direksi dan Dewan Komisaris, sharia business unit, beside of oversight from
penerapan manajemen risiko juga melibatkan Board of Directors and Board of Commissioners,
pengawasan aktif Dewan Pengawas Syariah (DPS) risk management implementation involves active
terkait dengan pemenuhan Prinsip Syariah. monitoring of Sharia Supervisory Board (DPS)
related to fulfillment of sharia principle.
LAMPIRAN – 5/148 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 715
Page 718
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
a. Kerangka manajemen risiko (lanjutan) a. Risk management framework (continued)
Selain itu, sejalan dengan ketentuan OJK perihal In addition, in line with the OJK Regulation on
Manajemen Risiko Terintegrasi untuk Konglomerasi Integrated Risk Management of Financial
Keuangan, Bank juga telah membentuk Komite Conglomeration, the Bank established an Integrated
Manajemen Risiko Terintegrasi yang diketuai oleh Risk Management Committee which is chaired by the
Direktur Manajemen Risiko Entitas Utama dan Risk Management Director of the Main Entity and the
anggotanya terdiri dari beberapa Direktur Entitas members consist of several Directors of the Main
Utama, Direktur yang mewakili Entitas Anak dan Entity, Director who represents Subsidiary and Sister
Perusahaan Terelasi serta Pejabat Eksekutif terkait Company and nominated Executive Officers. The
yang ditunjuk. Fungsi utama Komite Manajemen main function of Integrated Risk Management
Risiko Terintegrasi adalah memberikan rekomendasi Committee is to provide recommendation to the
kepada Direksi Bank sebagai Entitas Utama terkait Bank’s Board of Directors as Main Entity regarding the
dengan penyusunan, perbaikan atau preparation, improvement or enhancement of the
penyempurnaan Kebijakan Manajemen Risiko Integrated Risk Management Policy based on the
Terintegrasi berdasarkan hasil evaluasi evaluation of the implementation, evaluation of the
pelaksanaan, evaluasi atas efektivitas penerapan effectiveness of the implementation of integrated risk
kebijakan, kerangka dan pedoman manajemen risiko management policies, frameworks and guidelines,
terintegrasi, dan penilaian risiko utama yang ada di and assessment of key risks in the entities and across
entitas dan seluruh entitas dalam Konglomerasi entities within Financial Conglomeration including the
Keuangan beserta formulasi strategi untuk formulation of strategies to deal with existing and
mengatasi isu risiko yang ada dan yang diperkirakan emerging risk issues.
akan terjadi.
Sejalan dengan peraturan OJK dan praktik di industri In line with OJK Regulation and industry best
perbankan, Bank telah membentuk unit kerja practices, the Bank has established Risk
Manajemen Risiko yang independen dari risk taking unit Management working unit which is independent from
dan unit kerja yang melaksanakan fungsi pengendalian risk taking units and working unit which performs
intern. Unit kerja Manajemen Risiko merupakan suatu internal control function. Risk Management working
fungsi manajemen risiko yang menggabungkan risiko unit is a risk management function that combine
kredit, pasar, likuiditas (termasuk permodelan risiko) credit, market, liquidity (include risk modelling) and
dan operasional, (termasuk risiko teknologi informasi, operational risks (include the risk related to
dan keamanan informasi & data dibawah satu payung), information technology, and information & data
serta risiko investasi dan risiko imbal hasil yang timbul security under one umbrella) as well as investment
dari kegiatan Unit Usaha Syariah. Unit kerja ini dipimpin risks and rate of return risks that arising from the
oleh Direktur Manajemen Risiko dan didukung penuh Sharia Business Unit activities. This working unit is led
oleh para manajer risiko yang berpengalaman. by the Risk Management Director and fully supported
with experienced risk managers.
LAMPIRAN – 5/149 – SCHEDULE
716 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 719
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
a. Kerangka manajemen risiko (lanjutan) a. Risk management framework (continued)
Prinsip pengelolaan risiko oleh Bank dilakukan secara The Bank’s risk management principles are
proaktif untuk mendukung tercapainya pertumbuhan implemented proactively to support achieving
yang berkelanjutan. Oleh karenanya, Bank telah sustainable growth. Therefore, the Bank has risk
memiliki kebijakan manajemen risiko yang sesuai management policy which is in line with OJK
dengan Peraturan OJK. Bank telah melakukan kaji regulation. The Bank has reviewed the risk
ulang atas kebijakan manajemen risiko. Dengan management policy. Considering the new structure of
mempertimbangkan struktur Konglomerasi Keuangan Financial Conglomeration where it consist of vertical
yang baru dimana terdiri dari hubungan vertikal dan and horizontal relationship, then the risk management
horizontal, maka kebijakan manajemen risiko untuk policy for the Bank and Financial Conglomeration is
Bank dan Konglomerasi Keuangan dibedakan menjadi separated into 2 documents i.e. Risk Management
2 dokumen, yaitu Kebijakan Manajemen Risiko Bank Policy of Bank and Consolidated which include the
dan Konsolidasi yang mencakup kerangka kerja dan framework and implementation of individual and
penerapan manajemen risiko secara individu dan consolidated risk management for Bank and
konsolidasi bagi Bank dan Entitas Anak dan Kebijakan Subsidiary, and Integrated Risk Management Policy
Manajemen Risiko Terintegrasi Konglomerasi of MUFG Group Financial Conglomeration which
Keuangan Grup MUFG yang mencakup kerangka kerja include the framework and implementation of
dan penerapan manajemen risiko terintegrasi bagi integrated risk management for Financial
Konglomerasi Keuangan. Bank juga memiliki berbagai Conglomeration. The Bank also has various risk
kebijakan dan prosedur manajemen risiko untuk management policies and procedure to identify and
mengidentifikasi dan menganalisa risiko yang dihadapi analyze the risks faced by the Bank, to set
Bank, menetapkan limit risiko dan pengendalian yang appropriate risk limits and controls, and to monitor
sesuai, serta memonitor risiko dan kepatuhan terhadap risks and adherence to limits. These various risk
limit. Berbagai kebijakan dan prosedur tersebut ini dikaji management policies and procedures are reviewed
ulang secara berkala untuk mencerminkan perubahan regularly to reflect changes in market conditions,
dalam kondisi pasar, produk, dan jasa yang ditawarkan. products and services offered.
Untuk meningkatkan kesadaran risiko di kalangan To improve risk awareness among employee, Risk
karyawan, unit kerja Manajemen Risiko telah Management working unit has established Risk
mengembangkan Akademi Manajemen Risiko. Management Academy. The syllabus consists of
Silabusnya terdiri dari pelatihan mengenai Manajemen general Risk Management training as well as for each
Risiko secara umum maupun untuk masing-masing tipe type of risk. Training have been performing through
risiko. Pelatihan dilaksanakan secara fisik atau virtual physical or online classroom and e-learning.
dan melalui e-learning.
Informasi tambahan kerangka manajemen risiko yang The following additional information of risk
merupakan informasi yang disyaratkan oleh regulasi management framework that is required by
yang berlaku dan bukan/tidak merupakan informasi applicable regulations and is not required by
yang dipersyaratkan oleh Standar Akuntansi Indonesia Indonesian Accounting Standards are disclosed in
diungkapkan pada Catatan 61j. Note 61j.
LAMPIRAN – 5/150 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 717
Page 720
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit b. Credit risk
Risiko Kredit adalah risiko kerugian akibat kegagalan Credit risk is the risk due to failure of
debitur/nasabah penerima fasilitas dan/atau pihak lain debtors/customers receiving facilities and/or other
dalam memenuhi kewajibannya kepada Bank dan/atau parties to meet its obligation to the Bank and/or
Entitas Anak, termasuk risiko kredit akibat kegagalan Subsidiary, including credit risk due to debtor failure,
debitur, terkonsentrasinya penyediaan dana (risiko credit concentration risk, counterparty credit risk,
konsentrasi kredit), kegagalan pihak lawan settlement risk, as well as country risk and transfer
(counterparty credit risk), kegagalan settlement risk. Credit risk exposure at the Bank primarily arises
(settlement risk), serta country risk dan transfer risk. from lending activities as well as other activities such
Eksposur risiko kredit pada Bank terutama muncul dari as trade finance, treasury and investment. The
kegiatan perkreditan maupun aktivitas lainnya seperti objective of credit risk management is to control and
pembiayaan perdagangan (trade finance), tresuri dan manage credit risk exposures within acceptable limits
investasi. Tujuan dari pengelolaan risiko kredit adalah in accordance to risk appetite, while optimizing the
untuk mengendalikan dan mengelola eksposur risiko risk adjusted returns.
kredit dalam batasan yang dapat diterima, sekaligus
memaksimalkan risk adjusted returns.
Risiko kredit dikelola melalui penetapan kebijakan- Credit risk is managed through established policies
kebijakan dan proses-proses yang meliputi kriteria and processes covering credit acceptance criteria,
pemberian kredit, credit origination, persetujuan kredit, credit origination, approval, pricing, monitoring,
penetapan pricing, pemantauan, pengelolaan kredit problem loan management and portfolio
bermasalah dan manajemen portofolio. management.
Bank memiliki Kebijakan Risiko Kredit yang merupakan The Bank has a Credit Risk Policy which is the core
kebijakan inti dan kerangka acuan utama dalam policy and main reference framework for the
penerapan pengelolaan risiko kredit. Kebijakan ini, implementation of credit risk management. This
bersama dengan panduan risiko kredit, mengatur policy, together with credit risk guidelines, regulate a
proses pengelolaan risiko secara komprehensif. comprehensive risk management process. All credit
Seluruh kebijakan dan panduan risiko kredit ditinjau risk policies and guidelines are reviewed periodically
secara berkala untuk menyesuaikan dengan peraturan to comply with prevailing regulations and adjust to the
yang berlaku serta dengan tingkat risk appetite. Bank risk appetite level.
Bank juga memantau perkembangan portofolio kredit The Bank also closely monitors the performance of its
yang memungkinkan untuk melakukan tindakan loan portfolios, that enable to initiate preventive
pencegahan secara tepat waktu apabila terjadi actions in a timely manner when deterioration is
penurunan kualitas kredit. observed in credit quality.
Kelayakan kredit setiap nasabah dievaluasi untuk The creditworthiness of every debtor is evaluated to
menetapkan batasan kredit yang sesuai. Batas kredit determine appropriate credit limits. Credit limits is set
ditetapkan sesuai dengan maksimum eksposur yang based on the maximum credit exposures the Bank is
bersedia ditanggung oleh Bank untuk jangka waktu willing to absorb over specified period. Credit limits
tertentu. Batas kredit juga ditetapkan untuk industri, dan are also established for industries, and products to
produk untuk memastikan diversifikasi risiko kredit yang ensure broad diversification of credit risk and to avoid
luas dan menghindari terjadinya ketidakseimbangan excessive concentration.
konsentrasi.
Bank telah membuat Internal Rating atau Scorecard The Bank has established an Internal Rating or
untuk debitur dan dipetakan ke dalam Danamon Rating Scorecard for its debtors and is mapped to
Scale (DRS), untuk diaplikasikan di semua lini bisnis Danamon’s Rating Scale (DRS) which is applied in all
(portofolio enterprise banking dan retail), kecuali lines of business (Enterprise Banking and retail
portofolio syariah, yang digunakan untuk proses kredit, portfolio), except for sharia portfolio, and is used for
manajemen portfolio dan basis perhitungan Kerugian credit process, portfolio management and the basis
Kredit Ekspektasian (KKE) sesuai prinsip-prinsip PSAK for Expected Credit Loss (ECL) calculation in
109 (sebelumnya PSAK 71). accordance with the PSAK 109 (formerly PSAK 71)
principles.
LAMPIRAN – 5/151 – SCHEDULE
718 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 721
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
Bank memiliki Komite Kebijakan Perkreditan atau The Bank implement Credit or Financing Policy
Pembiayaan dan Komite Kredit atau Pembiayaan Committee and Credit or Financing Committee in
untuk lebih mendukung pemberian kredit yang sehat order to support a good credit granting and include
dan mengandung unsur pengendalian intern mulai internal controlling function from the initial credit
tahap awal proses kegiatan perkreditan. Komite process activity.Credit or Financing Policy Committee
Kebijakan Perkreditan atau Pembiayaan bertugas are responsible to provide feedbacks to Board of
memberikan masukan kepada Direksi dalam Director on the development of Bank’s credit policies
penyusunan kebijakan perkreditan Bank untuk as to ensure the implementation of prudential
memastikan prinsip kehati-hatian dalam pemberian principles in credit/financing granting and monitor the
kredit/pembiayaan serta mengawasi penerapan dan implementation of Bank’s credit policies. Monitoring
pelaksanaan kebijakan perkreditan Bank. and evaluation are performed towards the quality and
Pemantauan dan evaluasi dilakukan diantaranya growth of bankwide portfolio, implementation of Legal
terhadap perkembangan dan kualitas portofolio Lending Limit (LLL) policy, settlement of Non
secara keseluruhan, pelaksanaan kebijakan BMPK, Performing Loan (NPL) as well as the efforts carried
dan penyelesaian Non Performing Loan (NPL) serta out by the Bank to fulfill the provisioning adequacy on
upaya Bank dalam memenuhi kecukupan written off credit/financing.
penyisihan penghapusan kredit atau
pembiayaan/pencadangan
Agunan Collateral
Bank menerapkan kebijakan untuk memitigasi risiko The Bank employs policies to mitigate credit risk,
kredit, antara lain dengan meminta agunan sebagai including requiring collateral to secure the repayment
jaminan pelunasan kredit. Jenis agunan yang dapat of loan. The collaterals types that can be accepted by
diterima Bank antara lain adalah uang tunai (termasuk the Bank include: cash (including deposits from
simpanan dari nasabah), obligasi negara, tanah customers), government bonds, land and/or building,
dan/atau bangunan, Standby LC/bank garansi yang Standby LC/bank guarantee received by the Bank,
diterima Bank, mesin, kendaraan bermotor, piutang machinery, vehicle, trade receivable, inventory,
dagang, bahan baku/barang dagangan (persediaan), shares or other marketable securities. Estimates of
saham atau surat berharga lainnya. Perkiraan nilai fair value of collateral held by the Bank is based on
wajar dari agunan yang digunakan oleh Bank the value of collateral assessed by internal or external
didasarkan pada nilai pasar wajar oleh penilai internal appraisers.
atau penilai eksternal.
i. Eksposur maksimum terhadap risiko kredit i. Maximum exposure to credit risk
Untuk aset keuangan yang diakui di laporan posisi For financial assets recognized on the
keuangan konsolidasian, eksposur maksimum statement of consolidated financial position, the
terhadap risiko kredit sama dengan nilai maximum exposure to credit risk equals their
tercatatnya. Untuk liabilitas kontinjensi, eksposur carrying amount. For contingent liabilities, the
maksimum terhadap risiko kredit adalah nilai maximum exposure to credit risk is the
maksimum yang harus Bank bayarkan dalam hal maximum amount that the Bank would have to
timbul kewajiban atas instrumen yang diterbitkan. pay if the obligations of the instruments issued
are called upon.
Untuk kredit komitmen, eksposur maksimum For committed credit, the maximum exposure to
terhadap risiko kredit adalah sebesar jumlah credit risk is the full amount of the un-drawn
fasilitas yang belum ditarik dari nilai penuh fasilitas committed credit facilities granted to customers.
kredit yang telah disepakati (committed) kepada
nasabah.
LAMPIRAN – 5/152 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 719
Page 722
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
i. Eksposur maksimum terhadap risiko kredit i. Maximum exposure to credit risk (continued)
(lanjutan)
Tabel berikut menyajikan eksposur maksimum The following table presents the Bank’s maximum
terhadap risiko kredit Bank atas instrument exposure to credit risk on financial instruments in its
keuangan pada laporan posisi keuangan statements of consolidated financial position and
konsolidasian dan komitmen dan kontinjensi commitments and contingencies (administrative
(rekening administratif), tanpa memperhitungkan accounts), without taking into account any collateral
agunan yang dimiliki atau jaminan kredit lainnya. held or other credit enhancement.
2024 2023
Laporan Posisi Keuangan Consolidated Statements of
Konsolidasian: Financial Position:
Giro pada Bank Indonesia 6.382.075 5.034.595 Current accounts with Bank Indonesia
Giro pada bank lain - neto 1.670.476 2.134.131 Current accounts with other banks - net
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia - neto 4.417.045 9.031.700 and Bank Indonesia - net
Efek-efek - neto Marketable securities - net
Nilai wajar melalui laba rugi 2.561.089 314.276 Fair value through profit or loss
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 7.887.131 1.901.910 comprehensive income
Biaya perolehan diamortisasi 2.245.236 1.044.484 Amortized cost
Efek yang dibeli dengan janji Securities purchased under
dijual kembali 1.785.799 2.384.446 resale agreements
Obligasi Pemerintah Government bonds
Nilai wajar melalui laba rugi 1.309.344 526.307 Fair value through profit or loss
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain 17.390.079 15.792.101 comprehensive income
Tagihan derivatif 435.636 271.966 Derivative receivables
Pinjaman yang diberikan - neto 148.746.742 136.313.607 Loans - net
Piutang pembiayaan konsumen - neto 25.702.048 26.200.692 Consumer financing receivables - net
Piutang sewa pembiayaan - neto 2.235.399 1.444.300 Finance lease receivables -net
Tagihan akseptasi - neto 1.129.530 1.537.763 Acceptance receivables - net
Investasi dalam saham 476.683 467.413 Investment in shares
Aset lain-lain - neto 1.355.429 2.251.075 Other assets - net
Total 225.729.741 206.650.766 Total
Komitmen dan Kontinjensi: Commitments and Contingencies:
Fasilitas kredit kepada debitur
yang belum digunakan 4.898.230 4.922.801 Unused loan facilities
Irrevocable Letters of Credit Outstanding irrevocable
yang masih berjalan 1.082.139 852.894 Letters of Credit
Garansi yang diterbitkan 8.319.555 7.448.178 Guarantees issued
14.299.924 13.223.873
Jumlah 240.029.665 219.874.639 Total
LAMPIRAN – 5/153 – SCHEDULE
720 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 723
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
i. Eksposur maksimum terhadap risiko kredit i. Maximum exposure to credit risk (continued)
(lanjutan)
Nilai wajar agunan Fair value of collateral
Bank memiliki agunan terhadap pinjaman yang The Bank holds collaterals against loans in the
diberikan dalam bentuk agunan tunai, aset tetap, form of cash collaterals, fixed assets and others.
dan lain-lain.
Estimasi nilai terendah dari nilai wajar agunan dan Lower estimate of the collateral fair value and
jumlah tercatat dari aset keuangan pada tanggal carrying amounts of the financial assets as of the
pelaporan ditampilkan seperti di bawah ini. reporting date is shown below.
Agunan terhadap pinjaman yang diberikan Collateral of loans
2024 2023
Agunan Tunai 4.272.910 3.093.867 Cash Collateral
Aset Tetap 49.433.147 44.266.234 Fixed Assets
Lain-lain 16.405.447 16.095.740 Others
Jumlah 70.111.504 63.455.841 Total
ii. Analisis risiko konsentrasi kredit ii. Concentration of credit risk analysis
Risiko konsentrasi kredit timbul ketika sejumlah Concentrations of credit risk arise when a number
nasabah bergerak dalam aktivitas usaha yang of customers are engaged in similar business
sejenis atau memiliki kegiatan usaha dalam wilayah activities or activities within the same geographic
geografis yang sama, atau memiliki karakteristik region, or when they have similar characteristics.
yang sejenis.
Bank mendorong adanya diversifikasi dari portofolio The Bank encourages the diversification of its
kreditnya pada berbagai wilayah geografis, sektor credit portfolio among a variety of geographic
industri, produk kredit, individual obligor, areas, industries, credit products, individual
mencerminkan profil risiko yang seimbang dan obligors, reflecting a well-balanced and healthy
sehat, dan untuk fokus pada upaya pemasaran risk profile, and to focus marketing efforts toward
terhadap industri dan nasabah yang potensial untuk potential industries and customers in order to
meminimalisir risiko kredit. Bank telah menetapkan minimize the credit risk. The Bank has set its
limit konsentrasi industri yang ditentukan industry concentration limit based on industry risk
berdasarkan tingkat risiko sektor industri, proyeksi level, projection of loan growth and availability of
pertumbuhan kredit dan juga ketersediaan modal. capital.
Diversifikasi portofolio kredit didasarkan rencana The extent of diversification is based on the
strategi Bank, sektor target, kondisi ekonomi saat Bank’s strategic plan, target sectors, current
ini, kebijakan pemerintah, sumber pendanaan, dan economic conditions, government policy, funding
proyeksi pertumbuhan. Konsentrasi pinjaman yang sources and growth projections. Concentration of
diberikan berdasarkan jenis kredit, mata uang, credit risk of loans receivable by type of loans,
sektor ekonomi, dan wilayah geografis currency, economic sector, and geographic
diungkapkan pada Catatan 11. region is disclosed in Note 11.
LAMPIRAN – 5/154 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 721
Page 724
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
ii. Analisis risiko konsentrasi kredit (lanjutan) ii. Concentration of credit risk analysis (continued)
Tabel di bawah ini menyajikan informasi aset The following table presents the financial assets
keuangan pada tanggal 31 Desember 2024 dan as of 31 December 2024 and 2023 based on
2023 berdasarkan tingkat risiko: risk rate:
2024
Konvensional/Conventional
Grade 26-28:
kredit
Grade 1-22: Bermasalah/ Kerugian
risiko yang Grade 23-25: Grade 26-28: kredit
dapat diterima/ risiko tinggi/ non- Tidak ekspektasian/
Grade 1-22: Grade 23-25: performing Syariah/ dirating/ Expected Jumlah/
acceptable risk high risk loan Sharia Un-rating credit losses Total
Giro pada BI - - - - 6.382.075 - 6.382.075 Current accounts with BI
Current accounts with other
Giro pada bank lain 1.670.592 - - - - (116) 1.670.476 banks
Penempatan pada Placements with other
bank lain dan BI 4.417.045 - - - - - 4.417.045 banks and BI
Efek-efek 12.918.586 - - - - (225.130) 12.693.456 Marketable securities
Efek yang dibeli
dengan janji Securities purchased
dijual kembali 1.785.799 - - - - - 1.785.799 under resale agreements
Obligasi Pemerintah - - - - 18.699.423 - 18.699.423 Government Bonds
Tagihan derivatif 435.636 - - - - - 435.636 Derivative receivables
Pinjaman yang
diberikan 131.654.454 10.317.182 2.609.709 11.679.650 - (7.514.253) 148.746.742 Loans
Piutang pembiayaan Consumer financing
konsumen 17.668.470 3.177.937 480.418 5.888.655 - (1.513.432) 25.702.048 receivables
Piutang sewa
pembiayaan 1.301.742 240.075 7.334 760.702 - (74.454) 2.235.399 Finance lease receivables
Tagihan akseptasi 1.136.000 - - - - (6.470) 1.129.530 Acceptance receivables
Investasi dalam
saham - - - - 476.683 - 476.683 Investments in shares
Aset lain-lain - - - - 1.387.589 (32.160) 1.355.429 Other assets
172.988.324 13.735.194 3.097.461 18.329.007 26.945.770 (9.366.015) 225.729.741
LAMPIRAN – 5/155 – SCHEDULE
722 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 725
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
ii. Analisis risiko konsentrasi kredit (lanjutan) ii. Concentration of credit risk analysis (continued)
2023
Konvensional/Conventional
Grade 26-28:
kredit
Grade 1-22: Bermasalah/ Kerugian
risiko yang Grade 23-25: Grade 26-28: kredit
dapat diterima/ risiko tinggi/ non- Tidak ekspektasian/
Grade 1-22: Grade 23-25: performing Syariah/ dirating/ Expected Jumlah/
acceptable risk high risk loan Sharia Un-rating credit losses Total
Giro pada BI - - - - 5.034.595 - 5.034.595 Current accounts with BI
Current accounts with other
Giro pada bank lain 2.134.286 - - - - (155) 2.134.131 banks
Penempatan pada Placements with other
bank lain dan BI 9.031.700 - - - - - 9.031.700 banks and BI
Efek-efek 3.615.319 - - - - (354.649) 3.260.670 Marketable securities
Efek yang dibeli
dengan janji Securities purchased
dijual kembali 2.384.446 - - - - - 2.384.446 under resale agreements
Obligasi Pemerintah - - - - 16.318.408 - 16.318.408 Government Bonds
Tagihan derivatif 271.966 - - - - - 271.966 Derivative receivables
Pinjaman yang
diberikan 121.313.492 8.075.812 3.078.835 11.182.742 - (7.337.274) 136.313.607 Loans
Piutang pembiayaan Consumer financing
konsumen 17.635.606 3.826.143 489.471 5.812.170 - (1.562.698) 26.200.692 receivables
Piutang sewa
pembiayaan 969.339 289.883 4.141 241.707 - (60.770) 1.444.300 Finance lease receivables
Tagihan akseptasi 1.540.622 - - - - (2.859) 1.537.763 Acceptance receivables
Investasi dalam
saham - - - - 467.413 - 467.413 Investments in shares
Aset lain-lain - - - - 2.279.892 (28.817) 2.251.075 Other assets
158.896.776 12.191.838 3.572.447 17.236.619 24.100.308 (9.347.222) 206.650.766
iii. Stress testing iii. Stress testing
Stress testing adalah metode pengukuran risiko Stress testing is a method of risk measurement
dengan memperkirakan potensi kerugian ekonomi which estimates the potential economic loss to
Bank berdasarkan kondisi pasar abnormal untuk the Bank under abnormal market conditions in
memastikan sensitivitas kinerja Bank terhadap order to ascertain the sensitivity of the Bank’s
perubahan faktor risiko dan mengidentifikasi factor performance to changes in risk factors and to
yang mempengaruhi dan berdampak kepada identify influencing factors that significantly
kualitas portofolio kredit, pendapatan dan modal impact the Bank’s loan portfolio quality, revenue
Bank secara signifikan. Bank melaksanakan stress and capital. The Bank conducts credit stress
testing kredit setidaknya setiap tahun sebagai testing at least annually as a part of ICAAP
bagian dari ICAAP stress testing atau lebih sering stress testing or more often when there is an
ketika timbul kejadian peristiwa atau kejadian yang occurrence of events that have a significant
memiliki dampak negatif yang signifikan terhadap negative impact to the Bank’s credit portfolio.
portofolio kredit Bank. Skenario untuk stress testing Scenarios for stress testing are defined based
dibuat berdasarkan severity faktor-faktor ekonomi on the severity of macroeconomic factors (e.g.
makro (contoh: GDP, inflasi, IDR/USD, dll). Selain GDP, inflation, IDR/USD, etc). In addition to the
skenario yang dibuat berdasarkan kejadian historis determined scenarios based on observed
yang diamati, Bank juga mempertimbangkan historical events, hypothetical adverse events
kejadian yang berdampak buruk secara hipotesis and their impact are also considered by the
dan dampaknya. Bank.
LAMPIRAN – 5/156 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 723
Page 726
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
iv. Konsentrasi berdasarkan jenis debitur iv. Concentration by type of debtors
Tabel berikut menyajikan konsentrasi aset The following table presents the concentration
keuangan dan komitmen dan kontinjensi of financial assets and commitments and
(rekening administratif) berdasarkan jenis debitur: contingencies (administrative accounts) by
type of debtors:
2024
Pemerintah
dan Bank
Indonesia/
Government
Korporasi/ and Bank Bank-Bank/ Jumlah/
Corporate Indonesia Banks Retail/ Retail Total
Giro pada BI – neto - 6.382.075 - - 6.382.075 Current accounts with BI – net
Current accounts with other
Giro pada bank lain – neto - - 1.670.476 - 1.670.476 banks – net
Penempatan pada bank Placements with other
lain dan BI – neto - 4.417.045 - - 4.417.045 banks and BI – net
Efek-efek – neto 3.663.551 8.926.459 103.446 - 12.693.456 Marketable securities – net
Efek yang dibeli dengan Securities purchased under
janji dijual kembali - - 1.785.799 - 1.785.799 resale agreements
Obligasi Pemerintah - 18.699.423 - - 18.699.423 Government Bonds
Tagihan derivatif 54.010 28.583 352.893 150 435.636 Derivative receivables
Pinjaman yang diberikan –
neto 59.553.762 2.572.971 10.262.539 76.357.470 148.746.742 Loans – net
Piutang pembiayaan Consumer financing
konsumen – neto 947.228 - - 24.754.820 25.702.048 receivables – net
Piutang sewa Finance lease
pembiayaan – neto 1.199.998 - - 1.035.401 2.235.399 receivables – net
Tagihan akseptasi – neto 758.704 - 370.826 - 1.129.530 Acceptance receivables – net
Investasi dalam saham 418.225 - 58.458 - 476.683 Investments in shares
Aset lain-lain – neto 573.392 37.369 43.858 700.810 1.355.429 Other assets – net
Commitments and
Komitmen dan kontinjensi 12.603.080 - 403.228 1.293.616 14.299.924 contingencies
Jumlah 79.771.950 41.063.925 15.051.523 104.142.267 240.029.665 Total
% 33% 17% 6% 44% 100% %
LAMPIRAN – 5/157 – SCHEDULE
724 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 727
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
iv. Konsentrasi berdasarkan jenis debitur (lanjutan) iv. Concentration by type of debtors (continued)
2023
Pemerintah
dan Bank
Indonesia/
Government
Korporasi/ and Bank Bank-Bank/ Jumlah/
Corporate Indonesia Banks Retail/ Retail Total
Giro pada BI – neto - 5.034.595 - - 5.034.595 Current accounts with BI – net
Current accounts with other
Giro pada bank lain – neto - - 2.134.131 - 2.134.131 banks – net
Penempatan pada bank Placements with other
lain dan BI – neto - 9.031.700 - - 9.031.700 banks and BI – net
Efek-efek – neto 2.033.576 615.524 611.570 - 3.260.670 Marketable securities – net
Efek yang dibeli dengan Securities purchased under
janji dijual kembali - 2.384.446 - - 2.384.446 resale agreements
Obligasi Pemerintah - 16.318.408 - - 16.318.408 Government Bonds
Tagihan derivatif 57.946 7.778 206.242 - 271.966 Derivative receivables
Pinjaman yang diberikan –
neto 56.276.575 923.075 10.265.357 68.848.600 136.313.607 Loans – net
Piutang pembiayaan Consumer financing
konsumen – neto 1.054.375 - - 25.146.317 26.200.692 receivables – net
Piutang sewa Finance lease
pembiayaan – neto 995.267 - - 449.033 1.444.300 receivables – net
Tagihan akseptasi – neto 1.035.033 - 502.730 - 1.537.763 Acceptance receivables – net
Investasi dalam saham 386.360 - 79.698 1.355 467.413 Investments in shares
Aset lain-lain – neto 565.083 898.346 303.925 483.721 2.251.075 Other assets – net
Commitments and
Komitmen dan kontinjensi 10.469.971 1.075.000 471.614 1.207.288 13.223.873 contingencies
Jumlah 72.874.186 36.288.872 14.575.267 96.136.314 219.874.639 Total
% 33% 16% 7% 44% 100% %
LAMPIRAN – 5/158 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 725
Page 728
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
v. Saling hapus atas aset keuangan dan liabilitas v. Offsetting of financial assets and financial
keuangan liabilities
Aset keuangan dan liabilitas keuangan yang Financial assets and financial liabilities subject
dapat saling hapus sesuai dengan perjanjian to offsetting under enforceable master netting
induk untuk penyelesaian secara neto (master agreements or similar agreements as of
netting agreements) atau perjanjian serupa pada 31 December 2024 and 2023 are as follows:
tanggal-tanggal 31 Desember 2024 dan
2023 adalah sebagai berikut:
2024
Jumlah Jumlah yang tidak di saling
bruto diakui hapus pada laporan posisi
Jumlah saling Jumlah neto keuangan/ Amount not offset
bruto aset/ hapus disajikan in the statement of financial
liabilitas dalam dalam position
keuangan laporan laporan Jaminan
yang diakui/ posisi posisi keuangan
Gross keuangan/ keuangan/ yang di
amount of Gross Amount terima/
recognized amount presented in dijaminkan/
financial offset in the the Instrumen Financial Jumlah
assets/ statement statement of keuangan/ collateral neto/
financial of financial financial Financial received/ Net
liabilities position position instruments pledged amount
Aset Keuangan Financial Assets
Tagihan derivatif 435.636 - 435.636 (228.316) - 207.320 Derivative assets
Liabilitas
Keuangan Financial Liabilities
Liabilitas derivatif 676.369 - 676.369 (228.316) - 448.053 Derivative liabilities
2023
Jumlah Jumlah yang tidak di saling
bruto diakui hapus pada laporan posisi
Jumlah saling Jumlah neto keuangan/ Amount not offset
bruto aset/ hapus disajikan in the statement of financial
liabilitas dalam dalam position
keuangan laporan laporan Jaminan
yang diakui/ posisi posisi keuangan
Gross keuangan/ keuangan/ yang di
amount of Gross Amount terima/
recognized amount presented in dijaminkan/
financial offset in the the Instrumen Financial Jumlah
assets/ statement statement of keuangan/ collateral neto/
financial of financial financial Financial received/ Net
liabilities position position instruments pledged amount
Aset Keuangan Financial Assets
Tagihan derivatif 271.966 - 271.966 (157.174) - 114.792 Derivative assets
Liabilitas
Keuangan Financial Liabilities
Liabilitas derivatif 325.956 - 325.956 (157.174) - 168.782 Derivative liabilities
LAMPIRAN – 5/159 – SCHEDULE
726 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 729
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
Penerapan PSAK 109 (sebelumnya PSAK 71) PSAK 109 (formerly PSAK 71) Implementation
Bank telah menerapkan perhitungan Kerugian Kredit The Bank has applied the Expected Credit Loss
Ekspektasian (KKE) mengacu pada prinsip-prinsip (ECL) calculation, referring to the principles of
PSAK 109 sesuai ketentuan regulator, dimana PSAK 109 in accordance to regulator provision,
menghitung pencadangan KKE secara forward which calculates ECL provisioning in forward looking
looking. Bank menggunakan 2 (dua) Metode approach. The Bank uses 2 (two) ECL calculation
Perhitungan KKE, yaitu: methods, as follows:
1) Perhitungan secara Kolektif, yaitu perhitungan 1) Collective calculation, is ECL calculation in
KKE secara portofolio untuk lini bisnis portfolio base for retail/consumer/mass-
retail/consumer/mass-market/auto-finance dan market/auto-finance business lines and some
sebagian portofolio besar. Pada metode ini, Bank large exposure portfolios. In this method,
menggunakan Internal Rating/Scorecard sebagai Bank uses the Internal Rating/Scorecard as
basis dalam penentuan model PD (probability the basis for the of the PD (probability default)
default) untuk masing-masing debitur. Serta Model model for each debtor. Also the LGD/LGD
LGD/LGD Pool mempertimbangkan salah satu Pool Model considers one of components
komponennya yaitu, nilai agunan yang diakui i.e., recognized collateral value and recovery
berserta pembayaran recovery. Sedangkan EAD payment. While EAD (Exposure at Default) is
(Exposure at Default) merupakan posisi semua including all assets On & Off Balance sheet.
aset On & Off Balance sheet.
2) Perhitungan secara Individu, untuk portofolio besar 2) Individual calculations, for large exposure
dengan kondisi yang mengalami penurunan nilai portfolios with impaired conditions and
dan eksposur diatas Rp10 miliar. Perhitungan ini exposures above Rp10 billion. This
menggunakan pendekatan DCF (Discounted Cash calculation uses the DCF (Discounted Cash
Flow) atau pendekatan agunan (Collateral) yang Flow) or Collateral approach which is
dihitung secara individu. calculated in individual level.
Sesuai prinsip-prinsip PSAK 109, Bank juga In accordance with PSAK 109 principles, the Bank
menetapkan kriteria Tahap 1 untuk debitur-debitur also defines Stage-1 criteria for debtors with good
dengan kualitas portofolio yang baik. Tahap 2 untuk portfolio quality. Stage-2 for debtors under
debitur-debitur yang mengalami kondisi peningkatan Significant Increase in Credit Risk (SICR)
Risiko Kredit yang Signifikan (SICR) dan Tahap 3 untuk condition and Stage-3 for defaulted debtors with
debitur-debitur yang menunggak/default dengan collectibility 3,4,5 or impaired.
kolektibilitas 3,4,5 atau mengalami penurunan nilai.
MEV (Macroeconomic Variables), merupakan salah MEV (Macroeconomic Variables), is one of the
satu parameter/komponen pada perhitungan KKE parameters/components for ECL in Forward
secara pendekatan Forward Looking. Bank Looking approach. The Bank defines the
menetapkan variabel makro ekonomi secara berkala macroeconomic variables periodically and
dan mengkorelasikan terhadap model-model correlates to PSAK 109 models.
PSAK 109.
Sensitivitas MEV terhadap ECL Sensitivity of MEV to ECL
Perhitungan KKE bergantung pada banyak variabel, ECL relies on multiple variables, one of which is
salah satunnya adalah MEV dan juga tergantung MEV and also depends on the portfolio of each
pada portfolio masing-masing segmen. Pada segment. Basically, there is no single analysis can
dasarnya tidak ada analisis tunggal yang dapat fully demonstrate the sensitivity of ECL to
sepenuhnya menunjukkan sensitivitas KKE terhadap changes in the MEVs. The Bank believes that
perubahan dalam MEV. Bank berkeyakinan bahwa sensitivity should be performed to all variables,
sensitivitas harus dilakukan terhadap seluruh not just single variable, as this is in line with the
variabel, bukan hanya variabel tunggal, karena hal ini multi-variable nature of ECL calculations.
sejalan dengan sifat multi-variabel dari perhitungan
KKE.
LAMPIRAN – 5/160 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 727
Page 730
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
b. Risiko kredit (lanjutan) b. Credit risk (continued)
Sensitivitas MEV terhadap ECL (lanjutan) Sensitivity of MEV to ECL (continued)
Bank telah membuat Internal Rating atau Scorecard The Bank has established an Internal Rating or
untuk debitur dan dipetakan ke dalam Danamon Rating Scorecard for its borrowers and is mapped to
Scale (DRS), untuk diaplikasikan di lini bisnis (portofolio Danamon’s Rating Scale (DRS) to be applied in
enterprise banking dan retail), kecuali portofolio syariah, lines of business (enterprise banking and retail
yang digunakan untuk proses kredit, portfolio portfolio), except for sharia portfolio, that is used for
management dan basis perhitungan KKE sesuai credit process, portfolio management and the basis
prinsip-prinsip PSAK 109. for ECL calculation in accordance with the
PSAK 109 principles.
c. Risiko pasar c. Market risk
Risiko pasar merupakan risiko yang timbul karena Market risk is the risk of loss arising from adverse
adanya pergerakan faktor pasar seperti suku bunga movement in market variables in portfolios held by
dan nilai tukar pada portofolio yang dimiliki oleh Bank the Bank which are defined as interest rates and
yang dapat menyebabkan kerugian bagi Bank exchange rates.
(adverse movement).
Risiko pasar terdapat pada aktivitas fungsional Bank Market risk exists at all Bank functional activities, as
termasuk level kegiatan tresuri. Aktivitas ini well as treasury business level. These include
mencakup posisi dalam bentuk surat berharga dan exposure in securities and money market, equity
pasar uang, penyertaan pada lembaga keuangan participation in other financial institutions, provisions
lainnya, penyediaan dana (pinjaman dan bentuk of funds (loans and other similar forms), funding and
sejenis lainnya), kegiatan pendanaan dan penerbitan issuance of debt instruments, and trade financing
surat utang, dan kegiatan trade finance, baik yang activities, both in On Balance Sheet and Off
ada di On Balance Sheet maupun di Off Balance Balance Sheet.
Sheet.
Komite Aset dan Liabilitas (ALCO) berperan sebagai The Asset and Liability Committee (ALCO) acts as
komite manajemen senior tertinggi untuk mengambil the apex senior management committee that in
keputusan atas kebijakan yang berkaitan dengan charge of making all policy decisions regarding
manajemen risiko pasar dan likuiditas. Pemantauan market and liquidity risk management. Market risk
dan pengendalian risiko pasar diterapkan melalui monitoring and controlling is implemented through a
kerangka limit yang secara periodik ditelaah untuk limit framework which is periodically reviewed in
mendapatkan struktur limit yang lebih sensitif. Limit order to accomplish a more sensitive limit structure.
risiko pasar ditetapkan untuk Trading dan Interest The limits are set for Trading and Interest Rate Risk
Rate Risk in the banking Book (termasuk Portofolio in the banking Book (including HTCS - Hold to
HTCS – Hold to Collect & Sell dan Derivative for Collect & Sell Portfolio and derivative for Funding &
Funding & Hedging). Hedging).
Secara keseluruhan, risiko pasar dibagi menjadi dua In overall, market risk is divided into two following
bagian sebagai berikut: risks:
i. Risiko mata uang asing i. Foreign currency risk
Risiko mata uang asing timbul dari adanya posisi Foreign exchange risks arise from on and off-
neraca dan komitmen dan kontinjensi (off- balance sheet positions both on the asset and
balance sheet) baik di sisi aset maupun liabilitas liability sides through transactions in foreign
yang timbul melalui transaksi mata uang asing. currencies.
Bank mengukur risiko nilai tukar untuk melihat The Bank measures the foreign exchange risk
dampak perubahan nilai tukar pada pendapatan to understand the impact of the exchange rate
dan modal Bank. Untuk mengelola dan movement on the Bank’s revenue and capital.
memitigasi risiko nilai tukar yang lebih hati-hati, In order to manage and mitigate the foreign
secara internal Bank telah menetapkan limit exchange risk more prudently, internally Bank
risiko nilai tukar dibawah dari ketentuan has set the foreign exchange risk limit below the
regulator (20%). regulator requirement (20%).
LAMPIRAN – 5/161 – SCHEDULE
728 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 731
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
c. Risiko pasar (lanjutan) c. Market risk (continued)
Analisa Sensitivitas Sensitivity Analysis
Selain melakukan pemantauan terhadap rasio In addition to the NOP ratio monitoring, the Bank
PDN, Bank juga melakukan pemantauan also monitors the foreign exchange sensitivity. The
sensitivitas nilai tukar mata uang asing. Bank Bank performs simulations to illustrate the
melakukan simulasi untuk menggambarkan exposure if there are movements in the foreign
besarnya eksposur jika terjadi pergerakan nilai exchange. Sensitivity factor for foreign exchange
tukar mata uang asing. Faktor sensitivitas untuk is defined as the total amount of exposure for each
nilai tukar didefinisikan sebagai jumlah total foreign exchange given unit changes by 1%.
eksposur untuk setiap perubahan nilai tukar mata
uang asing sebesar 1%.
i. Risiko mata uang asing (lanjutan) i. Foreign currency risk (continued)
Peningkatan 1%/ Penurunan 1%/
1% increase 1% decrease
(IDR) (IDR)
2024 2024
Potensi keuntungan/(kerugian) Potential gains/(losses) on
perubahan nilai tukar 1.137 (1.137) exchange rate change
2023 2023
Potensi keuntungan/(kerugian) Potential gains/(losses) on
perubahan nilai tukar 249 (249) exchange rate change
ii. Risiko tingkat suku bunga ii. Interest rate risk
Risiko suku bunga adalah potensi kerugian yang Interest rate risk is the probability loss that may
timbul akibat pergerakan suku bunga di pasar occur from adverse movement in market interest
yang berlawanan dengan posisi atau transaksi rates vis-à-vis the Bank position or transaction.
Bank yang mengandung risiko suku bunga.
LAMPIRAN – 5/162 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 729
Page 732
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
c. Risiko pasar (lanjutan) c. Market risk (continued)
ii. Risiko tingkat suku bunga ii. Interest rate risk
Tabel di bawah merangkum tingkat suku bunga The table below summarizes the effective interest rate
efektif per tahun untuk Rupiah dan mata uang per annum for Rupiah and foreign currencies as of
asing pada tanggal 31 Desember 2024 dan 31 December 2024 and 2023:
2023:
2024 2023
Mata Uang Mata Uang
Asing/ Asing/
Rupiah/ Foreign Rupiah/ Foreign
Rupiah Currencies Rupiah Currencies
% % % %
ASET ASSETS
Giro pada bank lain 0,12 1,34 0,04 1,63 Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 5,08 4,45 5,19 5,37 and Bank Indonesia
Efek-efek 6,81 4,19 6,45 4,00 Marketable securities
Efek yang dibeli dengan Securities purchased under
janji dijual kembali 6,43 - 6,57 - resale agreements
Obligasi Pemerintah 6,77 4,75 6,39 4,34 Government Bonds
Pinjaman yang diberikan 8,64 5,60 8,51 6,25 Loans
Piutang pembiayaan konsumen 24,53 - 24,31 - Consumer financing receivables
Piutang sewa pembiayaan 16,85 - 16,99 - Finance lease receivables
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
- Giro 2,72 1,95 2,96 2,66 Current accounts -
- Tabungan 1,56 0,33 1,89 0,25 Savings -
- Deposito berjangka 5,51 3,77 4,94 3,41 Time deposits -
Simpanan dari bank lain 4,71 3,46 3,41 2,31 Deposits from other banks
Efek yang dijual dengan Securities sold under
janji dibeli kembali 6,45 - - - repurchase agreements
Efek yang diterbitkan 6,37 - 6,52 - Securities issued
Pinjaman yang diterima 7,43 3,98 7,11 0,72 Borrowings
Sehubungan dengan telah diberhentikannya In regard with termination of the LIBOR
suku bunga acuan LIBOR oleh Financial Conduct reference interest rate by the Financial Conduct
Authority (FCA), Bank dan anak Perusahaan Authority (FCA), the Bank and its subsidiary
hingga 31 Desember 2024 tidak memiliki until 31 December 2024 have no transactions,
transaksi baik non derivatif maupun derivatif yang both non-derivatives and derivatives that use
menggunakan suku bunga LIBOR sebagai the LIBOR interest rate as a reference.
acuan.
Sebagaimana kebijakan Bank Indonesia, As per Bank Indonesia’s policy, the publication
terhitung mulai tanggal 1 Januari 2026 publikasi of the JIBOR reference interest rate for all tenor
suku bunga acuan JIBOR pada seluruh tenor will be terminated starting on 1 January 2026,
akan dihentikan, untuk itu Bank telah menyusun the Bank has established a task force with
satuan kerja yang bertugas untuk menetapkan determining the steps that need to be taken by
langkah-langkah yang perlu diambil oleh Bank the Bank in order to ensure that the Bank can
dalam rangka memastikan Bank dapat mengikuti comply with regulatory requirements in
ketentuan regulasi sesuai dengan kerangka accordance with the time frame set by the
waktu yang ditetapkan oleh regulator serta regulator and ensure that every transaction
memastikan setiap transaksi yang dilakukan carried out with customers by both the Bank and
dengan nasabah baik oleh Bank maupun Entitas its Subsidiary can be carried out with a credible
Anak dapat dilakukan dengan acuan yang reference.
kredibel.
LAMPIRAN – 5/163 – SCHEDULE
730 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 733
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
c. Risiko pasar (lanjutan) c. Market risk (continued)
ii. Risiko tingkat suku bunga (lanjutan) ii. Interest rate risk (continued)
Tabel di bawah ini menyajikan portofolio Bank The table below summarizes the Bank’s non-
(tidak termasuk portofolio yang diukur pada nilai fair value through profit or loss “FVTPL”
wajar melalui laba rugi “FVTPL”) pada nilai portfolios at carrying amounts, categorized by
tercatatnya, yang dikelompokkan menurut mana the earlier of contractual repricing or contractual
yang lebih awal antara tanggal repricing atau maturity dates:
tanggal jatuh tempo kontraktual:
2024
Suku bunga mengambang/ Suku bunga tetap/
Floating interest rate Fixed interest rate
Kurang Kurang
dari/ Less Lebih dari/ dari/Less Lebih dari/
Nilai tercatat/ than 3 12 – 24 More than than 3 3 – 12 12 – 24 More than
Carrying bulan/ 3 – 12 bulan/ bulan/ 24 bulan/ bulan/ bulan/ bulan/ 24 bulan/
amount months months months months months months months months
ASET ASSETS
Giro pada Bank Current accounts with Bank
Indonesia – neto 6.382.075 - - - - 6.382.075 - - - Indonesia – net
Giro pada bank lain – Current accounts with other
neto 1.670.476 - - - - 1.670.476 - - - banks – net
Penempatan pada bank
lain dan Bank Placements with other banks
Indonesia – neto 4.417.045 - - - - 4.417.045 - - - and Bank Indonesia – net
Efek-efek – neto 10.132.367 - - - - 5.420.849 3.736.932 172.582 802.004 Marketable securities – net
Efek yang dibeli dengan Securities purchased under
janji dijual kembali 1.785.799 - - - - 1.785.799 - - - resale agreements
Obligasi Pemerintah 17.390.079 - - - - 283.243 2.464.920 2.296.608 12.345.308 Government bonds
Pinjaman yang
diberikan – neto 148.746.742 52.443.256 1.917.941 21.962.387 8.571.952 28.365.261 17.458.775 10.823.194 7.203.976 Loans – net
Piutang pembiayaan Consumer financing
konsumen – neto 25.702.048 - - - - 3.762.724 8.542.481 7.661.049 5.735.794 receivables – net
Piutang sewa Finance lease
pembiayaan – neto 2.235.399 - - - - 444.001 828.866 667.531 295.001 receivables – net
Aset lain-lain – neto 1.355.429 - - - - 1.355.429 - - - Other assets – net
Jumlah 219.817.459 52.443.256 1.917.941 21.962.387 8.571.952 53.886.902 33.031.974 21.620.964 26.382.083 Total
LIABILITAS LIABILITIES
Simpanan nasabah (150.569.469) (6.553.676) (55.732.776) - - (76.575.679) (11.706.739) (599) - Deposits from customers
Simpanan dari bank lain (4.204.749) - - - - (3.236.223) (204.250) (764.276) - Deposits from other banks
Efek yang dijual dengan Securities sold under
janji dibeli kembali (4.718.889) - - - - (4.718.889) - - - repurchase agreements
Utang obligasi (6.307.230) - - - - (819.287) (1.861.220) (793.483) (2.833.240) Bonds payable
Sukuk mudharabah (831.830) - - - - (49.000) (338.980) (189.730) (254.120) Mudharabah bonds
Pinjaman yang diterima (10.450.188) (402.375) (1.207.125) (1.609.500) (885.225) (1.810.914) (3.101.860) (1.306.557) (126.632) Borrowings
Pinjaman subordinasi (25.000) - - - - - - - (25.000) Subordinated loan
Jumlah (177.107.355) (6.956.051) (56.939.901) (1.609.500) (885.225) (87.209.992) (17.213.049) (3.054.645) (3.238.992) Total
Pengaruh dari derivatif
untuk manajemen Effect of derivatives held
risiko - (4.054.699) - - - 455.659 1.268.786 1.676.112 654.142 for risk management
Selisih 42.710.104 41.432.506 (55.021.960) 20.352.887 7.686.727 (32.867.431) 17.087.711 20.242.431 23.797.233 Difference
LAMPIRAN – 5/164 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 731
Page 734
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
c. Risiko pasar (lanjutan) c. Market risk (continued)
ii. Risiko tingkat suku bunga (lanjutan) ii. Interest rate risk (continued)
2023
Suku bunga mengambang/ Suku bunga tetap/
Floating interest rate Fixed interest rate
Lebih
dari/ Kurang
Kurang dari/ More dari/Less Lebih dari/
Nilai tercatat/ Less than 3 12 – 24 than 24 than 3 3 – 12 12 – 24 More than
Carrying bulan/ 3 – 12 bulan/ bulan/ bulan/ bulan/ bulan/ bulan/ 24 bulan/
amount months months months months months months months months
ASET ASSETS
Giro pada Bank Current accounts with Bank
Indonesia – neto 5.034.595 - - - - 5.034.595 - - - Indonesia – net
Giro pada bank lain – Current accounts with other
neto 2.134.131 - - - - 2.134.131 - - - banks – net
Penempatan pada bank
lain dan Bank Placements with other banks
Indonesia – neto 9.031.700 - - - - 9.031.700 - - - and Bank Indonesia – net
Efek-efek – neto 2.946.394 - - - - 1.427.635 737.379 447.153 334.227 Marketable securities – net
Efek yang dibeli dengan Securities purchased under
janji dijual kembali 2.384.446 - - - - 1.964.799 419.647 - - resale agreements
Obligasi Pemerintah 15.792.101 - - - - 10.415 5.123.712 3.310.437 7.347.537 Government bonds
Pinjaman yang
diberikan – neto 136.313.607 48.280.992 1.509.531 20.087.707 6.597.684 23.261.349 16.317.270 10.539.079 9.719.995 Loans – net
Piutang pembiayaan Consumer financing
konsumen – neto 26.200.692 - - - - 3.669.683 8.325.191 7.872.486 6.333.332 receivables – net
Piutang sewa Finance lease
pembiayaan – neto 1.444.300 - - - - 232.316 551.838 435.946 224.200 receivables – net
Aset lain-lain – neto 2.251.075 - - - - 2.251.075 - - - Other assets – net
Jumlah 203.533.041 48.280.992 1.509.531 20.087.707 6.597.684 49.017.698 31.475.037 22.605.101 23.959.291 Total
LIABILITAS LIABILITIES
Simpanan nasabah (138.411.812) (9.456.578) (62.292.505) - - (55.188.555) (11.474.174) - - Deposits from customers
Simpanan dari bank lain (3.031.690) - - - - (2.242.718) (98.093) (690.879) - Deposits from other banks
Utang obligasi (5.835.456) - - - - (327.985) (2.733.945) (819.645) (1.953.881) Bonds payable
Sukuk mudharabah (859.000) - - - - (32.000) (395.170) (49.000) (382.830) Mudharabah bonds
Pinjaman yang diterima (8.320.889) - - - - (1.505.432) (3.328.308) (2.733.553) (753.596) Borrowings
Pinjaman subordinasi (25.000) - - - - - - - (25.000) Subordinated loan
Jumlah (156.483.847) (9.456.578) (62.292.505) - - (59.296.690) (18.029.690) (4.293.077) (3.115.307) Total
Pengaruh dari derivatif Effect of derivatives held
untuk manajemen
risiko - (259.763) - - - 23.547 68.510 86.570 81.136 for risk management
Selisih 47.049.194 38.564.651 (60.782.974) 20.087.707 6.597.684 (10.255.445) 13.513.857 18.398.594 20.925.120 Difference
Analisis sensitivitas Sensitivity analysis
Pengelolaan risiko tingkat suku bunga dilengkapi The interest rate risk management is
dengan analisa sensitivitas secara periodik untuk supplemented by regularly conducting
mengukur dampak dari perubahan suku bunga. sensitivity analysis on scenarios to measure the
impact of changes in interest rate.
LAMPIRAN – 5/165 – SCHEDULE
732 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 735
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
c. Risiko pasar (lanjutan) c. Market risk (continued)
ii. Risiko tingkat suku bunga (lanjutan) ii. Interest rate risk (continued)
Kenaikan paralel/ Penurunan paralel/
parallel increase parallel decrease
Dampak Dampak
terhadap Dampak terhadap Dampak
laba rugi/ terhadap laba rugi/ terhadap
Effect on ekuitas/ Effect on ekuitas/
profit or Effect on profit or Effect on
loss equity loss equity
Sensitivitas terhadap risiko Sensitivity to interest
suku bunga rate risk
Pada tanggal 31 Desember 2024 As of 31 December 2024
Mata uang asing 44.772 (73.386) (122.812) 85.353 Foreign currencies
Rupiah (1.243.505) (4.276.933) 45.333 5.563.296 Rupiah
Pada tanggal 31 Desember 2023 As of 31 December 2023
Mata uang asing 2.188 (54.927) (98.780) 65.862 Foreign currencies
Rupiah (1.132.431) (2.845.184) (67.706) 3.515.121 Rupiah
Bank menggunakan metode NII dan EVE The Bank uses NII and EVE method in
sesuai SEOJK No.12/SEOJK.03/2018. accordance to SEOJK No.12/SEOJK.03/2018.
Informasi tambahan risiko pasar yang merupakan The following additional information of market risk
informasi yang disyaratkan oleh regulasi yang berlaku that is required by applicable regulations and is not
dan bukan/tidak merupakan informasi yang required by Indonesian Accounting Standards are
dipersyaratkan oleh Standar Akuntansi Indonesia disclosed in Note 61k.
diungkapkan pada Catatan 61k.
d. Risiko likuiditas d. Liquidity risk
Risiko likuiditas adalah risiko yang disebabkan oleh Liquidity risk is the risk caused by the inability of the
ketidakmampuan Bank dalam memenuhi kewajiban Bank to meet its obligations at due date and unwind
yang telah jatuh tempo dan menutup posisi di pasar. position created from market. Liquidity risk is an
Risiko likuiditas merupakan risiko yang terpenting pada important risk for commercial Bank and as such
Bank umum dan perlu dikelola secara needs to be managed on an on-going basis.
berkesinambungan.
Komite Aset dan Liabilitas (ALCO) berperan sebagai The Asset and Liability Committee (ALCO) acts as the
Komite manajemen senior tertinggi untuk memonitor apex Committee entrusted to monitor liquidity
situasi likuiditas Bank. situation of the Bank.
Bank mengelola risiko likuiditas melalui analisis The Bank manages liquidity risk through liquidity gap
perbedaan jatuh tempo likuiditas dan rasio-rasio analysis and liquidity ratios.
likuiditas.
Pemantauan dan pengendalian risiko likuiditas Liquidity risk monitoring and controlling is
diterapkan melalui kerangka limit yang secara periodik implemented through a limit framework which is
dikaji untuk mendapatkan struktur limit yang lebih periodically reviewed in order to accomplish a more
sensitif. Struktur limit risiko likuiditas terkini mencakup sensitive limit structure. The coverage of
pengukuran limit dan indikator antara lain Liquidity current liquidity risk limit structure includes
Coverage Ratio (LCR), Net Stable Funding Ratio measurement of limit and indicator such as Liquidity
(NSFR), Maximum Cumulative Outflow (MCO), Rasio Coverage Ratio (LCR), Net Stable Funding Ratio
Intermediasi Makroprudensial (RIM), dan risiko (NSFR), Maximum Cumulative Outflow (MCO),
konsentrasi pendanaan. Macroprudential Intermediation Ratio (MIR), and
funding concentration risk.
LAMPIRAN – 5/166 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 733
Page 736
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
d. Risiko likuiditas (lanjutan) d. Liquidity risk (continued)
Eksposur terhadap risiko likuiditas Exposure to liquidity risk
Untuk melengkapi kerangka kerja, risiko likuiditas To complete the framework, liquidity risk is measured
diukur dan dikelola pada kondisi normal (business-as- and controlled under both normal and stress
usual) dan kejadian kondisi stress. Sehingga, Maximum scenarios. Thus, the Maximum Cumulative Outflow
Cumulative Outflow (MCO) juga diukur untuk situasi (MCO) is estimated also under abnormal market
tidak normal, untuk itu rencana pendanaan darurat condition, such that the Contingency Funding Plan
likuiditas (CFP) telah disusun untuk mempersiapkan (CFP) is in place in case of liquidity crisis.
Bank jika terjadi krisis likuiditas.
Pada tanggal 31 Desember 2024 dan 2023, rasio dari As of 31 December 2024 and 2023, the ratio of net
aset likuid neto terhadap simpanan nasabah adalah liquid assets to deposits from customers are as
sebagai berikut: follows:
2024 2023
Kas dan setara kas 14.937.418 18.562.802 Cash and cash equivalents
Efek-efek dan Obligasi Pemerintah Trading marketable securities and
diperdagangkan, tidak termasuk SBI Government Bonds, excluding
yang sudah diklasifikasikan sebagai Certificates of Bank Indonesia classified
kas dan setara kas 3.822.148 809.789 as cash and cash equivalents
Efek-efek dan Obligasi Pemerintah Marketable securities and Government
diukur pada nilai wajar melalui Bonds measured at fair value through
penghasilan komprehensif lain 25.277.210 17.694.011 other comprehensive income
Simpanan dari bank lain (4.204.749) (3.031.690) Deposits from other banks
Jumlah aset likuid neto 39.832.027 34.034.912 Total net liquid assets
Simpanan dari nasabah 150.569.469 138.411.812 Deposits from customers
Rasio aset likuid neto terhadap Ratio of net liquid assets to
simpanan dari nasabah 26,45% 24,59% deposits from customers
Sisa jatuh tempo kontraktual dari liabilitas Residual contractual maturities of financial
keuangan liabilities
Tabel di bawah ini menyajikan ekspektasi arus kas dari The table below shows the expected cash flows on
liabilitas keuangan Bank berdasarkan tahun jatuh the Bank’s financial liabilities on the basis of their
tempo kontraktual yang terdekat dan asumsi perilaku earliest possible contractual maturity and behavioral
(behavioral assumptions) pada tanggal laporan posisi assumptions as of the statement of financial position
keuangan. date.
Nilai nominal arus masuk/arus keluar yang disajikan The nominal inflow/outflow disclosed in the following
pada tabel di bawah ini merupakan arus kas kontraktual table represent the contractual undiscounted cash
yang tidak didiskontokan terkait dengan pokok dan flows relating to the principal and interest on the
bunga atas liabilitas keuangan. Pengungkapan financial liability. The disclosure for derivatives shows
instrumen derivatif menunjukkan nilai neto derivatif a net amount for derivatives that are net settled, and
yang dapat diselesaikan secara neto, juga arus masuk a gross inflow and outflow amount for derivatives that
dan arus keluar bruto untuk derivatif yang diselesaikan have simultaneous gross settlement (e.g. currency
bruto secara bersamaan (seperti kontrak berjangka forward).
valuta asing).
LAMPIRAN – 5/167 – SCHEDULE
734 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 737
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
d. Risiko likuiditas (lanjutan) d. Liquidity risk (continued)
Sisa jatuh tempo kontraktual dari liabilitas Residual contractual maturities of financial
keuangan (lanjutan) liabilities (continued)
2024
Kurang dari 1
bulan/ 3 – 12
Less than 1 1 – 3 bulan/ bulan/ >1 tahun/
month months months years Jumlah/Total
Liabilitas non derivatif: Non-derivative liabilities:
Simpanan nasabah 50.189.357 40.162.283 11.558.356 49.813.138 151.723.134 Deposits from customers
Simpanan dari bank lain 2.417.725 818.498 204.250 764.276 4.204.749 Deposits from other banks
Efek yang dijual dengan Securities sold under
janji dibeli kembali 4.726.258 - - - 4.726.258 repurchase agreements
Utang akseptasi 458.811 386.855 290.334 - 1.136.000 Acceptance payables
Utang obligasi 52.066 867.464 2.098.667 4.127.655 7.145.852 Bonds payable
Sukuk mudharabah 3.599 58.439 365.793 486.323 914.154 Mudharabah bonds
Pinjaman yang diterima 985.843 1.372.841 4.578.938 4.080.677 11.018.299 Borrowings
Pinjaman subordinasi - - - 32.299 32.299 Subordinated loan
Liabilitas lain-lain 3.815.410 - - - 3.815.410 Other liabilities
62.649.069 43.666.380 19.096.338 59.304.368 184.716.155
Derivatif: Derivatives:
Arus keluar (51.280.429) (17.173.090) (5.400.089) (6.199.355) (80.052.963) Outflow
Arus masuk 51.275.479 17.160.802 5.271.718 6.136.773 79.844.772 Inflow
(4.950) (12.288) (128.371) (62.582) (208.191)
62.644.119 43.654.092 18.967.967 59.241.786 184.507.964
2023
Kurang dari 1
bulan/ 3 – 12
Less than 1 1 – 3 bulan/ bulan/ >1 tahun/
month months months years Jumlah/Total
Liabilitas non derivatif: Non-derivative liabilities:
Simpanan nasabah 46.097.956 27.215.350 11.730.877 54.195.018 139.239.201 Deposits from customers
Simpanan dari bank lain 954.204 1.288.514 98.093 690.879 3.031.690 Deposits from other banks
Utang akseptasi 712.763 545.187 282.672 - 1.540.622 Acceptance payables
Utang obligasi 388.719 34.984 2.960.467 3.136.568 6.520.738 Bonds payable
Sukuk mudharabah 38.467 6.872 431.008 489.729 966.076 Mudharabah bonds
Pinjaman yang diterima 603.146 1.038.443 3.601.913 3.660.159 8.903.661 Borrowings
Pinjaman subordinasi - - - 34.163 34.163 Subordinated loan
Liabilitas lain-lain 4.777.956 - - - 4.777.956 Other liabilities
53.573.211 30.129.350 19.105.030 62.206.516 165.014.107
Derivatif: Derivatives:
Arus keluar (21.243.495) (11.175.645) (10.799.851) (1.385.194) (44.604.185) Outflow
Arus masuk 21.270.236 11.140.107 10.750.539 1.386.242 44.547.124 Inflow
26.741 (35.538) (49.312) 1.048 (57.061)
53.599.952 30.093.812 19.055.718 62.207.564 164.957.046
LAMPIRAN – 5/168 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 735
Page 738
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
d. Risiko likuiditas (lanjutan) d. Liquidity risk (continued)
Analisis perbedaan jatuh tempo aset dan liabilitas Maturity gap analysis of assets and liabilities
Tabel di bawah ini menyajikan analisa jatuh tempo The table below shows the analysis of maturities of
aset dan liabilitas Bank dan Entitas Anak pada tanggal assets and liabilities of the Bank and Subsidiary as of
31 Desember 2024 dan 2023, berdasarkan jangka 31 December 2024 and 2023, based on remaining
waktu yang tersisa sampai tanggal jatuh tempo terms to contractual maturity date and behavioral
kontrak dan asumsi perilaku (behavioral assumptions): assumptions:
2024
Tidak
mempunyai
tanggal
jatuh tempo Lebih
Nilai kontraktual/ dari/More
tercatat/ No Kurang dari/ 1–3 6 – 12 than 12
Carrying contractual Less than 1 bulan/ 3- 6 bulan/ bulan/ bulan/
amount maturity bulan/month months months months months
ASET ASSETS
Kas 2.467.706 2.467.706 - - - - - Cash
Current accounts with Bank
Giro pada Bank Indonesia 6.382.075 6.382.075 - - - - - Indonesia
Giro pada bank lain 1.670.592 1.670.592 - - - - - Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 4.417.045 - 4.417.045 - - - - and Bank Indonesia
Efek-efek: Marketable securities:
Nilai wajar melalui laba rugi 2.561.089 - - 29.641 782.167 1.700.996 48.285 Fair value through profit or loss
Nilai wajar melalui
penghasilan komprehensif Fair value through other
lain 7.887.131 - 2.052.728 1.410.100 584.696 2.865.021 974.586 comprehensive income
Biaya perolehan
diamortisasi 2.470.366 - 1.142.280 883.962 354.124 90.000 - Amortized cost
Efek yang dibeli dengan Securities purchased under
janji dijual kembali 1.785.799 - 1.785.799 - - - - resale agreements
Obligasi Pemerintah: Government Bonds:
Nilai wajar melalui laba rugi 1.309.344 - 67.654 83.548 76.070 71.913 1.010.159 Fair value through profit or loss
Nilai wajar melalui
penghasilan komprehensif Fair value through other
lain 17.390.079 - - 283.243 2.255.555 209.365 14.641.916 comprehensive income
Tagihan derivatif 435.636 - 245.951 85.862 13.264 12.523 78.036 Derivative receivables
Pinjaman yang diberikan 156.260.995 - 27.423.604 15.962.724 16.134.441 30.210.016 66.530.210 Loans
Piutang pembiayaan
konsumen 27.215.480 - 1.704.083 2.218.448 3.179.309 5.721.509 14.392.131 Consumer financing receivables
Piutang sewa pembiayaan 2.309.853 - 229.414 225.210 321.491 530.865 1.002.873 Finance lease receivables
Tagihan akseptasi 1.136.000 - 458.811 386.855 272.809 17.525 - Acceptance receivables
Investasi dalam saham 476.683 476.683 - - - - - Investments in shares
Investasi pada entitas asosiasi 1.869.813 1.869.813 - - - - - Investment in associate
Beban dibayar dimuka dan
aset lain-lain 5.516.722 216.248 87.873 15.742 17.965 18.269 5.160.625 Prepayments and other assets
243.562.408 13.083.117 39.615.242 21.585.335 23.991.891 41.448.002 103.838.821
LIABILITAS LIABILITIES
Simpanan nasabah 150.569.469 - 49.661.340 39.840.016 7.646.080 3.608.937 49.813.096 Deposits from customers
Simpanan dari bank lain 4.204.749 - 2.417.725 818.498 131.753 72.497 764.276 Deposits from other banks
Efek yang dijual dengan Securities sold under
janji dibeli kembali 4.718.889 - 4.718.889 - - - - repurchase agreements
Utang akseptasi 1.136.000 - 458.811 386.855 272.809 17.525 - Acceptance payables
Utang obligasi 6.307.230 - - 819.287 1.078.025 783.195 3.626.723 Bonds payable
Sukuk mudharabah 831.830 - - 49.000 338.980 - 443.850 Mudharabah bonds
Pinjaman yang diterima 10.450.188 - 930.960 1.282.329 1.693.393 2.615.592 3.927.914 Borrowings
Liabilitas derivatif 676.369 - 397.310 93.616 47.690 21.942 115.811 Derivative liabilities
Pinjaman subordinasi 25.000 - - - - - 25.000 Subordinated loan
Beban yang masih harus
dibayar dan kewajiban lain-
lain 11.329.809 1.429.990 1.128.129 473.144 20.577 249.167 8.028.802 Accruals and other liabilities
190.249.533 1.429.990 59.713.164 43.762.745 11.229.307 7.368.855 66.745.472
Selisih 53.312.875 11.653.127 (20.097.922) (22.177.410) 12.762.584 34.079.147 37.093.349 Difference
LAMPIRAN – 5/169 – SCHEDULE
736 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 739
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
d. Risiko likuiditas (lanjutan) d. Liquidity risk (continued)
2023
Tidak
mempunyai
tanggal
jatuh tempo Lebih
Nilai kontraktual/ dari/More
tercatat/ No Kurang dari/ 1–3 6 – 12 than 12
Carrying contractual Less than 1 bulan/ 3- 6 bulan/ bulan/ bulan/
amount maturity bulan/month months months months months
ASET ASSETS
Kas 2.362.221 2.362.221 - - - - - Cash
Current accounts with Bank
Giro pada Bank Indonesia 5.034.595 5.034.595 - - - - - Indonesia
Giro pada bank lain 2.134.286 2.134.286 - - - - - Current accounts with other banks
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia 9.031.700 - 9.031.700 - - - - and Bank Indonesia
Efek-efek: Marketable securities:
Nilai wajar melalui laba rugi 314.276 - - - 210.675 71.797 31.804 Fair value through profit or loss
Nilai wajar melalui
penghasilan komprehensif Fair value through other
lain 1.901.910 - - 145.553 253.265 721.712 781.380 comprehensive income
Biaya perolehan
diamortisasi 1.399.133 - 734.073 456.815 208.245 - - Amortized cost
Efek yang dibeli dengan Securities purchased under
janji dijual kembali 2.384.446 - 192.473 1.772.326 419.647 - - resale agreements
Obligasi Pemerintah: Government Bonds:
Nilai wajar melalui laba rugi 526.307 - 9.692 81.491 - 19 435.105 Fair value through profit or loss
Nilai wajar melalui
penghasilan komprehensif Fair value through other
lain 15.792.101 - - 10.415 - 5.123.712 10.657.974 comprehensive income
Tagihan derivatif 271.966 - 98.997 76.497 64.514 18.988 12.970 Derivative receivables
Pinjaman yang diberikan 143.650.881 - 21.437.281 18.184.210 13.132.008 28.896.147 62.001.235 Loans
Piutang pembiayaan
konsumen 27.763.390 - 1.699.421 2.140.731 3.088.096 5.606.768 15.228.374 Consumer financing receivables
Piutang sewa pembiayaan 1.505.070 - 94.340 144.781 202.196 367.447 696.306 Finance lease receivables
Tagihan akseptasi 1.540.622 - 712.763 545.187 184.851 97.821 - Acceptance receivables
Investasi dalam saham 467.413 467.413 - - - - - Investments in shares
Investasi pada entitas asosiasi 957.158 957.158 - - - - - Investment in associate
Beban dibayar dimuka dan
aset lain-lain 5.917.822 156.944 234.047 16.570 24.686 17.764 5.467.811 Prepayments and other assets
222.955.297 11.112.617 34.244.787 23.574.576 17.788.183 40.922.175 95.312.959
LIABILITAS LIABILITIES
Simpanan nasabah 138.411.812 - 45.696.791 27.067.530 7.419.990 4.032.512 54.194.989 Deposits from customers
Simpanan dari bank lain 3.031.690 - 954.204 1.288.514 24.267 73.826 690.879 Deposits from other banks
Utang akseptasi 1.540.622 - 712.763 545.187 184.851 97.821 - Acceptance payables
Utang obligasi 5.835.456 - 327.985 - 607.640 2.126.305 2.773.526 Bonds payable
Sukuk mudharabah 859.000 - 32.000 - 14.000 381.170 431.830 Mudharabah bonds
Pinjaman yang diterima 8.320.889 - 552.223 953.209 1.292.821 2.035.487 3.487.149 Borrowings
Liabilitas derivatif 325.956 - 85.606 102.823 66.896 51.975 18.656 Derivative liabilities
Pinjaman subordinasi 25.000 - - - - - 25.000 Subordinated loan
Beban yang masih harus
dibayar dan kewajiban lain-
lain 12.695.793 1.425.601 1.989.545 307.483 34.124 314.976 8.624.064 Accruals and other liabilities
171.046.218 1.425.601 50.351.117 30.264.746 9.644.589 9.114.072 70.246.093
Selisih 51.909.079 9.687.016 (16.106.330) (6.690.170) 8.143.594 31.808.103 25.066.866 Difference
e. Risiko operasional e. Operational risk
Kebijakan Manajemen Risiko Operasional secara Bank Bank wide Operational Risk Management Policy is
wide digunakan sebagai acuan utama bagi semua lini used as a main reference for all line of businesses,
bisnis, fungsi pendukung dan Entitas Anak dalam support functions and Subsidiary in managing their
mengelola risiko operasional. operational risk.
Tujuan Bank dalam mengelola risiko operasional The Bank’s objective in managing operational risk is
adalah untuk mencegah atau meminimalisasi dampak to prevent or minimize the impact of the failure or
kegagalan/ketidakcukupan proses internal, manusia, inadequate internal process, people, systems or from
sistem atau kejadian-kejadian eksternal yang dapat external events, which could impact the financial
mengakibatkan kerugian keuangan dan merusak losses, and damage the Bank’s reputation.
reputasi Bank.
LAMPIRAN – 5/170 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 737
Page 740
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
e. Risiko operasional (lanjutan) e. Operational risk (continued)
Pendekatan Bank terhadap manajemen risiko The Bank’s approach to Operational Risk
operasional adalah dengan menentukan strategi management is to define the best mitigation strategy
mitigasi guna memperoleh keseimbangan yang optimal to get optimum balance between operational risk
antara paparan risiko operasional, efektivitas exposure, effectiveness of control mechanism, and
mekanisme kontrol, dan pembuatan risk appetite creating risk appetite as a Bank strategy by a
sebagai salah satu strategi Bank dengan melakukan consistent implementation of a comprehensive
implementasi yang konsisten atas kerangka kerja Operational Risk Management (“ORM”).
Manajemen Risiko Operasional (“ORM”).
Komponen utama dari Kerangka Kerja Pengelolaan Major components of Operational Risk Management
Risiko Operasional yang dijalankan secara Framework which are being consistently applied are:
berkesinambungan antara lain:
1. Tiga lini pertahanan 1. Three lines of defense
Unit bisnis dan fungsi pendukung sebagai pemilik Business and supporting units as the owner of risk
dari proses pengelolaan risiko, FOR (Firstline management process, FOR (Firstline Operational
Operational Risk) di Lini Bisnis/ Fungsi Pendukung, Risk) at Line of Business/Support Function, and
dan fungsi Pengendalian Internal yang ada pada Internal Control functions in each Risk Taking Unit
setiap Risk Taking Unit (RTU) berperan sebagai lini (RTU) act as the first line of defense in day-to-day
pertahanan lapis pertama dalam penegakan execution/ implementation of operational risk
pengelolaan risiko operasional sehari-hari. Mereka management. They are responsible to identify,
bertanggungjawab dalam mengidentifikasi, manage, monitor, mitigate, and report on
mengelola, memonitor, memitigasi, dan Operational Risk.
melaporkan Risiko Operasional.
Divisi ORM, Fraud & QA (Quality Assurance) ORM, Fraud & QA (Quality Assurance) Division
bersama-sama dengan Divisi Compliance dan together with Compliance and Legal Division act
Legal berperan sebagai pertahanan lapis kedua as the second line of defense which responsible
yang bertanggungjawab dalam pengawasan for overseeing operational risk management in the
pengelolaan risiko operasional di Bank, termasuk Bank, including responsible for policies
bertanggungjawab untuk pengelolaan kebijakan management and anti-fraud framework
dan kerangka kerja pengelolaan anti-fraud dengan management with the objective to anticipate
tujuan untuk mengantisipasi risiko operasional operational risks which might arise caused by
yang mungkin terjadi akibat tindakan fraud yang fraudulent activities committed by internal
dilakukan baik oleh karyawan internal Bank employee or external.
ataupun oleh pihak eksternal.
Sedangkan Auditor Internal (SKAI) secara Meanwhile, the Internal Auditors (SKAI) are
independen berperan sebagai pertahanan lapis independently performing the role as the third line
ketiga yang bertanggungjawab untuk of defense to identify any weaknesses that have
mengidentifikasi kelemahan yang ditemukan dalam been found in operational risk management and
pengelolaan risiko operasional dan menilai assess the implementation of operational risk
pelaksanaan kerangka manajemen risiko management in line with governance.
operasional telah berjalan sesuai dengan
ketentuan.
LAMPIRAN – 5/171 – SCHEDULE
738 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 741
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
e. Risiko operasional (lanjutan) e. Operational risk (continued)
2. Proses pengelolaan risiko operasional 2. Operational risk management process
Pelaksanaan kerangka kerja ORM di Bank dan Practices of ORM Framework in the Bank and
Entitas Anak dilakukan dalam proses ORM yang Subsidiary are being conducted through an
terpadu dan terdiri dari: integrated ORM process which consists of:
(1) Identifikasi dan analisa risiko yang melekat (1) Identify and analyze the inherent risk in new
pada produk/fitur digital, jasa, sistem dan and/or changes in product/digital features,
proses baru maupun perubahannya, serta service and processes, also ensures the
memastikan adanya kecukupan kontrol preventive control adequacy over all the
preventif atas seluruh proses yang dijalankan. processes.
(2) Pengukuran risiko di tingkat unit operasional (2) Risk measurement at operating unit level
didukung dengan perangkat Risk/Loss Event supported by Risk/Loss Event Database
Database (R/LED), Risk Control Self- (R/LED), Risk Control Self-Assessment
Assessment (RCSA), Key Risk Indicator (KRI) (RCSA) and Key Risk Indicator (KRI) and Self
dan Self Raise Issue untuk mengetahui Raise Issue to identify the effectiveness of
efektivitas penerapan manajemen risiko operational risk management.
operasional.
(3) Pemantauan risiko melalui penyusunan laporan (3) Risk monitoring through regular reports to
secara berkala ke manajemen untuk management to identify issues related to
mengidentifikasi masalah yang muncul terkait weakness or failure of controls functions.
dengan adanya kelemahan atau kegagalan
didalam penerapan fungsi kontrol.
(4) Pengendalian risiko dilakukan diantaranya (4) Risk control is conducted amongst others
dengan memastikan ketersediaan kebijakan through ensuring the availability of operational
operasional dan kecukupan kontrol pada policy and control adequacy in all operational
seluruh prosedur operasional untuk memitigasi procedures to mitigate the operational risk,
risiko operasional, termasuk memberikan including re-emphasizing the importance of
penekanan kepada pentingnya kontrol preventif preventative control and early detection
dan mekanisme pendeteksian dini atas mechanisms over operational risk exposures
pemaparan risiko operasional melalui through setting up a Quality Assurance
pembentukan fungsi Quality Assurance yang function which undertakes a Bank wide
berperan dalam mengkoordinasikan upaya coordination to strengthen internal control
memperkuat sistem pengendalian internal dari systems in each Line of Business and Support
setiap lini bisnis dan fungsi pendukung. Function.
3. Sarana pendukung 3. Supporting infrastructure
Implementasi dari proses pengelolaan risiko The implementation of the comprehensive
operasional secara menyeluruh didukung dengan ORM process is supported by ORMS
alat bantu online real time yaitu ORMS (Operational Risk Management System), an
(Operational Risk Management System). ORMS internally designed online-real time tool. The
memiliki fungsi sebagai berikut: ORMS have the following functions:
• Pencatatan Risk Loss Event; • Risk Loss Event recording;
• Pencatatan Self Raise; • Self Raise recording;
• Memonitor Key Risk Indicator; • Key Risk Indicator monitoring;
• Risk Control Self-Assessment; • Risk Control Self-Assessment;
• Pencatatan dan memonitor Quality Assurance, • Quality Assurance recording and
dan monitoring, and
• Reporting. • Reporting.
ORM juga mempunyai e-Learning yang telah dan ORM also has e-Learning which has been and
sedang dilaksanakan di seluruh jajaran being implemented for all level of management
manajemen dan karyawan Bank untuk and employees of the Bank to increase
meningkatkan kesadaran akan pentingnya risiko awareness on the importance of operational risk.
operasional.
LAMPIRAN – 5/172 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 739
Page 742
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
50. MANAJEMEN RISIKO KEUANGAN (lanjutan) 50. FINANCIAL RISK MANAGEMENT (continued)
e. Risiko operasional (lanjutan) e. Operational risk (continued)
4. Fungsi Pendukung Pengelolaan Risiko 4. Operational Risk Management Support
Operasional (lanjutan) Function (continued)
Mengacu kepada konsep umum dari kerangka Referring to the general concept of the Enterprise
kerja Manajemen Risiko Perusahaan, Risiko Risk Management framework, Information
Teknologi Informasi dan Siber adalah bagian dari Technology and Cyber Risk is a subset of the
kerangka kerja risiko operasional. Namun, dengan operational risk framework. However,
mempertimbangkan tingkat kritikalitasnya, maka considering the criticality, those related risk are
secara struktur, pengelolaan risiko tersebut managed under Information Risk Management
dilakukan secara terpisah dari Divisi Operational Division, separate from Operation Risk
Risk Management, yaitu di bawah Divisi Management Division structure.
Information Risk Management.
Pengelolaan Risiko Teknologi Informasi dan Siber The abovementioned risk covers the
yang disebutkan diatas juga mencakup antara lain, management of Information Technology and
pemberian rekomendasi dan penetapan prioritas Cyber Risk such as providing recommendations
risiko untuk mendukung pengambilan keputusan and setting risk priorities to support appropriate
manajemen yang tepat. management decision making.
Manajemen Risiko Teknologi Informasi dan Siber Information Technology and Cyber Risk
adalah proses atau aktivitas berkesinambungan Management is the continuous process or
untuk melakukan proses identifikasi, mengukur, activity of identifying, measuring, mitigating,
memitigasi, pemantauan dan evaluasi terhadap monitoring and evaluate Information Technology
risiko Teknologi Informasi dan Keamanan Siber. and Cyber Security risks.
Business Continuity Management (BCM) Business Continuity Management (BCM) is an
merupakan proses manajemen terpadu dan integrated and comprehensive management
menyeluruh untuk menjamin keberlangsungan process to ensure the continuity of the Bank
operasional Bank dalam hal terjadinya kondisi operational activities due to emergency condition
darurat akibat insiden/bencana. Bank dan Entitas caused of incidents/ disasters. The Bank and
Anak telah melaksanakan BCM yang melibatkan Subsidiary have been carried out BCM through
seluruh unit kerja. involvement of all working unit.
51. NILAI WAJAR ATAS ASET KEUANGAN DAN 51. FAIR VALUE OF FINANCIAL ASSETS AND
LIABILITAS KEUANGAN FINANCIAL LIABILITIES
Nilai wajar instrumen keuangan Fair value of financial instruments
Sebagian besar instrumen keuangan pada laporan posisi A significant number of financial instruments are carried at
keuangan konsolidasian disajikan menggunakan nilai wajar. fair value in the consolidated statements of financial
Berikut ini adalah perbandingan antara nilai tercatat, seperti position. Below is the comparison of the carrying amounts,
yang dilaporkan pada laporan posisi keuangan konsolidasian as reported on the consolidated statements of financial
dan nilai wajarnya. position, and their fair values.
Pada tabel berikut ini, instrumen keuangan telah dialokasikan In the following table, financial instruments have been
berdasarkan klasifikasinya. Kebijakan akuntansi material categorized based on their classification. The material
pada Catatan 2f menjelaskan bagaimana setiap kategori accounting policies in Note 2f describe how the categories
aset keuangan dan liabilitas keuangan diukur dan of the financial assets and financial liabilities are measured
bagaimana pendapatan dan beban, termasuk keuntungan and how income and expenses, including fair value gains
dan kerugian atas nilai wajar (perubahan nilai wajar and losses (changes in fair value of financial instruments),
instrumen keuangan) diakui. are recognized.
LAMPIRAN – 5/173 – SCHEDULE
740 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 743
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
51. NILAI WAJAR ATAS ASET KEUANGAN DAN 51. FAIR VALUE OF FINANCIAL ASSETS AND
LIABILITAS KEUANGAN (lanjutan) FINANCIAL LIABILITIES (continued)
Nilai wajar instrumen keuangan (lanjutan) Fair value of financial instruments (continued)
Pengelompokan aset keuangan telah diklasifikasikan Financial assets have been classified into fair value through
menjadi aset keuangan yang diukur pada nilai wajar melalui profit or loss; fair value through other comprehensive
laba rugi; nilai wajar melalui penghasilan komprehensif lain; income; amortized cost. Similarly, each class of financial
dan biaya perolehan diamortisasi. Sama halnya dengan liability has been classified into fair value through profit or
setiap liabilitas keuangan yang juga telah diklasifikasikan loss and amortized cost.
menjadi yang diukur pada nilai wajar melalui laba rugi dan
biaya perolehan diamortisasi.
Nilai wajar pada tanggal laporan posisi keuangan The fair values are based on relevant information available
konsolidasian adalah berdasarkan informasi yang tersedia as of the consolidated statement of financial position date
dan belum diperbaharui untuk merefleksikan perubahan and have not been updated to reflect changes in market
keadaan pasar setelah tanggal laporan posisi keuangan. condition after the statement of financial position date.
Tabel berikut ini merupakan nilai tercatat dan nilai wajar dari The table below sets out the carrying amounts and fair
aset keuangan dan liabilitas keuangan pada tanggal values of the financial assets and liabilities as of
31 Desember 2024 dan 2023. 31 December 2024 and 2023.
2024
Nilai tercatat/Carrying amount
Nilai wajar
melalui
penghasilan
Nilai wajar komprehensif Biaya Jumlah nilai
melalui laba lain/Fair value perolehan tercatat/
rugi/Fair value through other diamortisasi Total
through profit comprehensive /Amortized carrying Nilai wajar/
or loss income cost amount Fair value
Aset Keuangan Financial Assets
Kas - - 2.467.706 2.467.706 2.467.706 Cash
Giro pada Bank Indonesia – neto - - 6.382.075 6.382.075 6.382.075 Current accounts with Bank Indonesia – net
Giro pada bank lain – neto - - 1.670.476 1.670.476 1.670.476 Current accounts with other banks – net
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia – neto - - 4.417.045 4.417.045 4.417.045 and Bank Indonesia – net
Efek-efek – neto 2.561.089 7.887.131 2.245.236 12.693.456 12.693.456 Marketable securities – net
Efek yang dibeli dengan janji Securities purchased under
dijual kembali - - 1.785.799 1.785.799 1.785.799 resale agreements
Obligasi Pemerintah 1.309.344 17.390.079 - 18.699.423 18.699.423 Government Bonds
Tagihan derivatif 435.636 - - 435.636 435.636 Derivative receivables
Pinjaman yang diberikan – neto - - 148.746.742 148.746.742 148.603.730 Loans – net
Piutang pembiayaan
konsumen – neto - - 25.702.048 25.702.048 26.126.544 Consumer financing receivables -net
Piutang sewa pembiayaan – neto - - 2.235.399 2.235.399 2.447.008 Finance lease receivables – net
Tagihan akseptasi – neto - - 1.129.530 1.129.530 1.129.530 Acceptance receivables – net
Investasi dalam saham - 476.683 - 476.683 476.683 Investments in shares
Aset lain-lain – neto - - 1.355.429 1.355.429 1.355.429 Other assets – net
Liabilitas Keuangan Financial Liabilities
Simpanan nasabah - - 150.569.469 150.569.469 150.569.469 Deposits from customers
Simpanan dari bank lain - - 4.204.749 4.204.749 4.204.749 Deposits from other banks
Efek yang dijual dengan janji Securities sold under
dibeli kembali - - 4.718.889 4.718.889 4.718.889 repurchase agreements
Utang akseptasi - - 1.136.000 1.136.000 1.136.000 Acceptance payables
Utang obligasi - - 6.320.010 6.320.010 6.320.481 Bonds payable
Sukuk mudharabah - - 831.830 831.830 829.652 Mudharabah bonds
Pinjaman yang diterima - - 10.450.188 10.450.188 10.437.894 Borrowings
Liabilitas derivatif 676.369 - - 676.369 676.369 Derivative liabilities
Pinjaman subordinasi - - 25.000 25.000 25.000 Subordinated loan
Liabilitas lain-lain - - 3.815.410 3.815.410 3.815.410 Other liabilities
LAMPIRAN – 5/174 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 741
Page 744
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
51. NILAI WAJAR ATAS ASET KEUANGAN DAN 51. FAIR VALUE OF FINANCIAL ASSETS AND
LIABILITAS KEUANGAN (lanjutan) FINANCIAL LIABILITIES (continued)
2023
Nilai tercatat/Carrying amount
Nilai wajar
melalui
penghasilan
Nilai wajar komprehensif Biaya Jumlah nilai
melalui laba lain/Fair value perolehan tercatat/
rugi/Fair value through other diamortisasi Total
through profit comprehensive /Amortized carrying Nilai wajar/
or loss income cost amount Fair value
Aset Keuangan Financial Assets
Kas - - 2.362.221 2.362.221 2.362.221 Cash
Giro pada Bank Indonesia – neto - - 5.034.595 5.034.595 5.034.595 Current accounts with Bank Indonesia – net
Giro pada bank lain – neto - - 2.134.131 2.134.131 2.134.131 Current accounts with other banks – net
Penempatan pada bank lain Placements with other banks
dan Bank Indonesia – neto - - 9.031.700 9.031.700 9.031.700 and Bank Indonesia – net
Efek-efek – neto 314.276 1.901.910 1.044.484 3.260.670 3.260.670 Marketable securities – net
Efek yang dibeli dengan janji Securities purchased under
dijual kembali - - 2.384.446 2.384.446 2.384.446 resale agreements
Obligasi Pemerintah 526.307 15.792.101 - 16.318.408 16.318.408 Government Bonds
Tagihan derivatif 271.966 - - 271.966 271.966 Derivative receivables
Pinjaman yang diberikan – neto - - 136.313.607 136.313.607 136.107.852 Loans – net
Piutang pembiayaan
konsumen – neto - - 26.200.692 26.200.692 27.277.713 Consumer financing receivables -net
Piutang sewa pembiayaan – neto - - 1.444.300 1.444.300 1.564.589 Finance lease receivables – net
Tagihan akseptasi – neto - - 1.537.763 1.537.763 1.537.763 Acceptance receivables – net
Investasi dalam saham - 467.413 - 467.413 467.413 Investments in shares
Aset lain-lain – neto - - 2.251.075 2.251.075 2.251.075 Other assets – net
Liabilitas Keuangan Financial Liabilities
Simpanan nasabah - - 138.411.812 138.411.812 138.411.812 Deposits from customers
Simpanan dari bank lain - - 3.031.690 3.031.690 3.031.690 Deposits from other banks
Utang akseptasi - - 1.540.622 1.540.622 1.540.622 Acceptance payables
Utang obligasi - - 5.835.456 5.835.456 5.841.590 Bonds payable
Sukuk mudharabah - - 859.000 859.000 856.523 Mudharabah bonds
Pinjaman yang diterima - - 8.320.889 8.320.889 8.299.584 Borrowings
Liabilitas derivatif 325.956 - - 325.956 325.956 Derivative liabilities
Pinjaman subordinasi - - 25.000 25.000 25.000 Subordinated loan
Liabilitas lain-lain - - 4.777.956 4.777.956 4.777.956 Other liabilities
Metode dan asumsi yang digunakan untuk estimasi nilai The following methods and assumptions are used to
wajar adalah sebagai berikut: estimate the fair values:
• Nilai wajar aset keuangan dan liabilitas keuangan, kecuali • The fair values of financial assets and liabilities, except
efek-efek dimiliki hingga jatuh tempo, pinjaman yang for held-to-maturity marketable securities, loans with
diberikan yang mempunyai risiko nilai wajar, piutang fair value risk, consumer financing receivables, finance
pembiayaan konsumen, piutang sewa pembiayaan, efek lease receivables, securities issued, and borrowings,
yang diterbitkan, dan pinjaman yang diterima, mendekati approximated the carrying amounts largely due to the
nilai tercatatnya karena mempunyai jangka waktu tempo short-term maturities of these instruments and/or
yang singkat atas instrumen keuangan tersebut dan/atau repricing of interest rate frequently.
suku bunganya sering ditinjau ulang.
• Nilai wajar efek-efek dimiliki hingga jatuh tempo dan efek • The fair values of held-to-maturity marketable
yang diterbitkan ditentukan berdasarkan harga kuotasi securities and securities issued were determined on
pasar yang berlaku pada tanggal 31 Desember 2024 dan the basis of quoted market price as of 31 December
2023. 2024 and 2023.
• Nilai wajar pinjaman yang diberikan yang mempunyai • The fair values of loans with fair value risk, consumer
risiko nilai wajar, piutang pembiayaan konsumen, piutang financing receivables, finance lease receivables, and
sewa pembiayaan, dan pinjaman yang diterima dinilai borrowings are determined by discounting cash flows
menggunakan diskonto arus kas berdasarkan tingkat using market interest rate as of 31 December 2024 and
suku bunga pasar pada tanggal 31 Desember 2024 dan 2023.
2023.
LAMPIRAN – 5/175 – SCHEDULE
742 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 745
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
51. NILAI WAJAR ATAS ASET KEUANGAN DAN 51. FAIR VALUE OF FINANCIAL ASSETS AND
LIABILITAS KEUANGAN (lanjutan) FINANCIAL LIABILITIES (continued)
• Nilai wajar investasi dalam saham dinilai sebesar biaya • The fair value of investments in shares is the same as
perolehannya karena nilai wajarnya tidak dapat diukur the cost since fair value cannot be reliably measured,
secara andal, kecuali untuk investasi dalam saham except for certain investment in shares that has quoted
tertentu yang memiliki harga kuotasi dicatat sebesar price was determined on the basis of quoted market
harga kuotasi pasar yang berlaku. price.
Hirarki nilai wajar instrumen keuangan Fair value hierarchy of financial instruments
Tabel berikut ini merupakan hirarki nilai wajar dari aset The table below sets out the fair values hierarchy of the
keuangan dan liabilitas keuangan pada tanggal financial assets and liabilities as of 31 December 2024 and
31 Desember 2024 dan 2023. 2023.
a. Aset keuangan a. Financial assets
Pengukuran nilai wajar pada tanggal pelaporan menggunakan/
Fair value measurement as of reporting date using:
Tingkat/ Tingkat/ Tingkat/
2024 Level 1 Level 2 Level 3
Aset keuangan yang Financial asset measured
diukur pada nilai wajar – neto at fair value – net
Nilai wajar melalui laba rugi: Fair value through profit or loss:
Efek-efek 2.561.089 2.512.804 - 48.285 Marketable securities
Tagihan Derivatif 435.636 - 435.636 - Derivative receivables
Obligasi Pemerintah 1.309.344 1.309.344 - - Government Bonds
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain: comprehensive income:
Efek-efek 7.887.131 6.413.655 1.473.476 - Marketable securities
Obligasi Pemerintah 17.390.079 17.390.079 - - Government Bonds
Investasi dalam saham 476.683 56.958 - 419.725 Investments in shares
Aset keuangan yang Financial asset of which the
nilai wajarnya diungkapkan – neto fair value is disclosed – net
Biaya perolehan diamortisasi: At amortized cost:
Efek-efek 2.245.236 - 2.245.236 - Marketable securities
Pinjaman yang diberikan 148.603.730 - 144.546.987 4.056.743 Loans
Piutang pembiayaan konsumen 26.126.544 - 26.126.544 - Consumer financing receivables
Piutang sewa pembiayaan 2.447.008 - 2.447.008 - Finance lease receivables
Pengukuran nilai wajar pada tanggal pelaporan menggunakan/
Fair value measurement as of reporting date using:
Tingkat/ Tingkat/ Tingkat/
2023 Level 1 Level 2 Level 3
Aset keuangan yang Financial asset measured
diukur pada nilai wajar – neto at fair value – net
Nilai wajar melalui laba rugi: Fair value through profit or loss:
Efek-efek 314.276 282.472 1.010 30.794 Marketable securities
Tagihan Derivatif 271.966 - 271.966 - Derivative receivables
Obligasi Pemerintah 526.307 526.307 - - Government Bonds
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain: comprehensive income:
Efek-efek 1.901.910 333.053 1.568.857 - Marketable securities
Obligasi Pemerintah 15.792.101 15.792.101 - - Government Bonds
Investasi dalam saham 467.413 78.198 - 389.215 Investments in shares
Aset keuangan yang Financial asset of which the
nilai wajarnya diungkapkan – neto fair value is disclosed – net
Biaya perolehan diamortisasi: At amortized cost:
Efek-efek 1.044.484 - 1.044.484 - Marketable securities
Pinjaman yang diberikan 136.107.852 - 133.881.663 2.226.189 Loans
Piutang pembiayaan konsumen 27.277.713 - 27.277.713 - Consumer financing receivables
Piutang sewa pembiayaan 1.564.589 - 1.564.589 - Finance lease receivables
LAMPIRAN – 5/176 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 743
Page 746
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir For the Years Ended
Pada Tanggal 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)
51. NILAI WAJAR ATAS ASET KEUANGAN DAN 51. FAIR VALUE OF FINANCIAL ASSETS AND
LIABILITAS KEUANGAN (lanjutan) FINANCIAL LIABILITIES (continued)
Hirarki nilai wajar instrumen keuangan (lanjutan) Fair value hierarchy of financial instruments
(continued)
b. Liabilitas keuangan b. Financial liabilities
Pengukuran nilai wajar pada tanggal pelaporan menggunakan/
Fair value measurement as of reporting date using:
Tingkat/ Tingkat/ Tingkat/
2024 Level 1 Level 2 Level 3
Liabilitas keuangan yang Financial liability measured
diukur pada nilai wajar at fair value
Nilai wajar melalui laba rugi: Fair value through profit or loss:
Liabilitas derivatif 676.369 - 676.369 - Derivative liabilities
Liabilitas keuangan yang Financial liability which
nilai wajarnya diungkapkan fair value is disclosed
Biaya perolehan diamortisasi: At amortized cost:
Utang obligasi 6.320.481 6.320.481 - - Bonds payable
Sukuk mudharabah 829.652 829.652 - - Mudharabah bonds
Pinjaman yang diterima 10.437.894 - 10.437.894 - Borrowings
Pengukuran nilai wajar pada tanggal pelaporan menggunakan/
Fair value measurement as of reporting date using:
Tingkat/ Tingkat/ Tingkat/
2023 Level 1 Level 2 Level 3
Liabilitas keuangan yang Financial liability measured
diukur pada nilai wajar at fair value
Nilai wajar melalui laba rugi: Fair value through profit or loss:
Liabilitas derivatif 325.956 - 325.956 - Derivative liabilities
Liabilitas keuangan yang Financial liability which
nilai wajarnya diungkapkan fair value is disclosed
Biaya perolehan diamortisasi: At amortized cost:
Utang obligasi 5.841.590 5.841.590 - - Bonds payable
Sukuk mudharabah 856.523 856.523 - - Mudharabah bonds
Pinjaman yang diterima 8.299.584 - 8.299.584 - Borrowings
Pada tanggal 31 Desember 2024 dan 2023, tidak ada aset As of 31 December 2024 and 2023, there are no financial
keuangan atau liabilitas keuangan yang ditransfer dari atau assets and financial liabilities transfer out of or into level 2
ke tingkat 2 dan/atau tingkat 3. and/or level 3.
52. AKTIVITAS FIDUCIARY 52. FIDUCIARY ACTIVITIES
Bank menyediakan jasa kustodian, pengelolaan investasi The Bank provides custodial, investment management
discretionary, dan reksadana kepada pihak ketiga. Aset yang discretionary, and mutual fund services to third parties.
terdapat dalam aktivitas fiduciary tidak termasuk dalam Assets that are held in fiduciary activities are not included
laporan keuangan konsolidasian ini. Jumlah komisi yang in these consolidated financial statements. Total fees
diterima dari pemberian jasa ini untuk tahun yang berakhir received from these services for the year ended
pada tanggal 31 Desember 2024 dan 2023 adalah Rp31.802 31 December 2024 and 2023 was Rp31,802 and
dan Rp25.025. Rp25,025, respectively.
LAMPIRAN – 5/177 – SCHEDULE
744 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 747
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
53. ASET DAN LIABILITAS DALAM MATA UANG ASING 53. ASSETS AND LIABILITIES IN FOREIGN
CURRENCIES
Saldo aset dan liabilitas moneter dalam mata uang asing The balances of monetary assets and liabilities in foreign
adalah sebagai berikut: currencies are as follows:
Mata uang asing Ekuivalen Rupiah
(dalam ribuan)/ (dalam jutaan)/
Foreign currency Rupiah equivalent
(in thousand) (in million)
2024 2023 2024 2023
Aset Assets
Kas Cash
Dolar Amerika Serikat 7.175 5.780 115.475 89.001 United States Dollar
Dolar Singapura 1.566 2.747 18.548 32.075 Singapore Dollar
Euro Eropa 661 614 11.081 10.454 European Euro
Poundsterling Inggris 481 142 9.719 2.789 Great Britain Poundsterling
Dolar Australia 614 1.057 6.148 11.122 Australian Dollar
Yen Jepang 38.795 62.325 3.997 6.786 Japanese Yen
Lain-lain 10 399 81 946 Others
165.049 153.173
Current accounts with
Giro pada Bank Indonesia Bank Indonesia
Dolar Amerika Serikat 55.286 55.069 889.835 847.891 United States Dollar
Current accounts with other
Giro pada bank lain banks
Dolar Amerika Serikat 34.860 31.045 561.074 478.004 United States Dollar
Euro Eropa 8.300 10.984 139.100 187.150 European Euro
Offshore China Yuan 53.199 47.711 116.957 103.508 Offshore China Yuan
Yen Jepang 833.165 3.027.921 85.841 329.680 Japanese Yen
Dolar Singapura 4.577 3.364 54.214 39.282 Singapore Dollar
Poundsterling Inggris 2.382 3.505 48.163 68.799 Great Britain Poundsterling
Dolar Australia 4.168 6.211 41.736 65.344 Australian Dollar
Dolar Selandia Baru 2.289 1.816 20.760 17.736 New Zealand Dollar
Yuan China 5.349 2.123 11.795 4.606 China Yuan
Riyal Arab Saudi 1.715 311 7.346 1.276 Riyal Arab Saudi
Swiss Franc 237 991 4.218 18.130 Swiss Franc
Hongkong Dollar 1.696 1.501 3.515 2.959 Dollar Hongkong
Dolar Kanada 301 102 3.376 1.185 Canadian Dollar
Swedia Kroner 548 952 802 1.467 Swedia Kroner
Lain-lain 2.073 3.436 1.480 1.689 Others
1.100.377 1.320.815
Penempatan pada Bank Placements with other
lain dan Bank Indonesia Banks and Bank Indonesia
Dolar Amerika Serikat 65.000 205.000 1.046.175 3.156.385 United States Dollar
Efek-efek Marketable securities
Dolar Amerika Serikat 18.412 31.305 296.337 1 481.998 United States Dollar
Tagihan derivatif Derivative receivables
Dolar Amerika Serikat 3.003 2.845 48.330 43.798 United States Dollar
Yen Jepang 1.097 6.062 113 660 Japanese Yen
Lain-lain 219 128 1.249 283 Others
49.692 44.741
LAMPIRAN – 5/178 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 745
Page 748
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
53. ASET DAN LIABILITAS DALAM MATA UANG ASING 53. ASSETS AND LIABILITIES IN FOREIGN CURRENCIES
(lanjutan) (continued)
Mata uang asing Ekuivalen Rupiah
(dalam ribuan)/ (dalam jutaan)/
Foreign currency Rupiah equivalent
(in thousand) (in million)
2024 2023 2024 2023
Aset (lanjutan) Assets (continued)
Pinjaman yang diberikan Loan
Dolar Amerika Serikat 1.037.282 877.581 16.695.056 13.512.122 United States Dollar
Euro Eropa 6.000 19 100.549 329 European Euro
Dolar Singapura 2.679 4.769 31.734 55.682 Singapore Dollar
Yuan China 5.114 1.402 11.276 3.043 China Yuan
Yen Jepang 105.600 11.104 10.880 1.209 Japanese Yen
16.849.495 13.572.385
Tagihan akseptasi Acceptance receivables
Dolar Amerika Serikat 49.623 79.804 798.678 1.228.747 United States Dollar
Yuan China 76.140 47.861 167.889 103.862 China Yuan
Yen Jepang 177.929 233.000 18.332 25.369 Japanese Yen
Euro Eropa 791 4.455 13.254 75.900 European Euro
Swiss Franc - 92 - 1.683 Swiss Franc
998.153 1.435.561
Obligasi Pemerintah Government Bonds
Dolar Amerika Serikat 45.221 103.393 727.824 1.591.936 United States Dollar
Beban dibayar dimuka Prepayments and other
dan aset lain-lain assets
Dolar Amerika Serikat 16.122 84.812 259.488 1.305.852 United States Dollar
Yen Jepang 39.171 21 4.036 2 Japanese Yen
Euro Eropa 159 - 2.669 - European Euro
Lain-lain 160 18 1.756 171 Others
267.949 1.306.025
Jumlah aset 22.390.886 23.910.910 Total assets
Liabilitas Liabilities
Simpanan nasabah Deposits from customers
Dolar Amerika Serikat 949.203 1.117.770 15.277.426 17.210.299 United States Dollar
Dolar Australia 96.108 67.958 962.377 714.967 Australian Dollar
Dolar Singapura 66.200 56.819 784.107 663.435 Singapore Dollar
Yen Jepang 6.828.710 3.074.385 703.562 334.739 Japanese Yen
Euro Eropa 23.758 19.313 398.136 329.056 European Euro
Yuan China 91.522 46.135 201.806 100.116 China Yuan
Poundsterling Inggris 3.670 4.829 74.206 94.782 Great Britain Poundsterling
Dolar Selandia Baru 4.487 1.376 40.688 13.436 New Zealand Dollar
Lain-lain 772 1.161 4.727 21.240 Others
18.447.035 19.482.070
Simpanan dari bank lain Deposits from other banks
Dolar Singapura 44.689 - 529.319 - Singapore Dollar
Dolar Amerika Serikat 2.241 2.307 36.064 35.517 United States Dollar
Yen Jepang 36.591 7.035.002 3.770 765.971 Japanese Yen
569.153 801.488
LAMPIRAN – 5/179 – SCHEDULE
746 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 749
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
53. ASET DAN LIABILITAS DALAM MATA UANG ASING 53. ASSETS AND LIABILITIES IN FOREIGN
(lanjutan) CURRENCIES (continued)
Mata uang asing Ekuivalen Rupiah
(dalam ribuan)/ (dalam jutaan)/
Foreign currency Rupiah equivalent
(in thousand) (in million)
2024 2023 2024 2023
Liabilitas (lanjutan) Liabilities (continued)
Utang akseptasi Acceptance payables
Dolar Amerika Serikat 49.623 79.804 798.679 1.228.747 United States Dollar
Yuan China 76.140 47.861 167.888 103.862 China Yuan
Yen Jepang 177.929 233.000 18.332 25.369 Japanese Yen
Euro Eropa 791 4.455 13.254 75.900 European Euro
Swiss Franc - 92 - 1.683 Swiss Franc
998.153 1.435.561
Pinjaman yang diterima Borrowings
Dolar Amerika Serikat 255.000 - 4.104.225 - United States Dollar
Yen Jepang 10.320.082 15.274 1.063.278 235.181 Japanese Yen
5.167.503 235.181
Liabilitas derivatif Derivative liabilities
Dolar Amerika Serikat 7.193 640 115.764 9.849 United States Dollar
Dolar Singapura 4.377 - 51.840 - Singapore Dollar
Euro Eropa - 176 - 3.000 European Euro
Lain-lain 290 9.942 2.900 2.218 Others
170.504 15.067
Beban yang masih
harus dibayar dan Accruals and other
liabilitas lain liabilities
Dolar Amerika Serikat 94.474 81.220 1.520.552 1.250.542 United States Dollar
Yuan China 24.538 17.303 54.106 37.548 China Yuan
Yen Jepang 457.090 52.292 47.094 5.694 Japanese Yen
Dolar Singapura 1.019 486 12.074 5.669 Singapore Dollar
Euro Eropa 152 188 2.555 3.195 European Euro
Dolar Australia 250 286 2.508 3.004 Australian Dollar
Poundsterling Inggris 41 123 830 2.419 Great Britain Poundsterling
Lain-lain 688 5.972 3.091 2.691 Others
1.642.810 1.310.762
Jumlah liabilitas 26.995.158 23.280.129 Total liabilities
Posisi (Liabilitas)/Aset - (Liabilities)/Assets position
neto (4.604.272) 630.781 - net
Dalam melakukan transaksi dalam mata uang asing, Bank In conducting foreign currency transactions, the Bank has
memiliki kebijakan untuk memelihara posisi devisa neto a policy of maintaining net open position as required by BI
sesuai dengan peraturan BI yakni setinggi-tingginya sebesar regulation at the maximum 20% of the total Tier I and Tier
20% dari jumlah modal Tier I dan Tier II. Berdasarkan II capital. Based on this policy, the Bank will hedge or
kebijakan ini, Bank akan melakukan lindung nilai atau square its open position, if necessary, within the limit as per
melakukan square atas posisi yang dimiliki jika diperlukan BI regulation.
untuk menjaga agar posisi devisa neto masih dalam limit
sesuai peraturan BI.
LAMPIRAN – 5/180 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 747
Page 750
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
54. MANAJEMEN PERMODALAN 54. CAPITAL MANAGEMENT
Tujuan manajemen permodalan Bank adalah untuk The Bank’s capital management objective is to maintain a
mempertahankan posisi modal yang kuat untuk mendukung strong capital position to support business growth and to
pertumbuhan bisnis dan mempertahankan investor, maintain investor, depositor, customer and market
deposan, pelanggan dan kepercayaan pasar. Dalam confidence. In managing its capital, the Bank considers
pengelolaan permodalan, Bank mempertimbangkan faktor- factors such as: providing optimal capital rate of return to
faktor seperti: pengembalian modal yang optimal pada shareholders, maintaining a balance between high return
pemegang saham, menjaga keseimbangan antara gearing ratio and safety provided by a sound capital
keuntungan yang lebih tinggi dengan gearing ratio serta position.
keamanan yang diberikan oleh posisi modal yang sehat.
Informasi tambahan manajemen modal yang merupakan The following additional information capital management
informasi yang disyaratkan oleh regulasi yang berlaku dan that is required by applicable regulations and is not required
bukan/tidak merupakan informasi yang dipersyaratkan oleh by Indonesian Accounting Standards is disclosed in Note
Standar Akuntansi Indonesia diungkapkan pada Catatan 61m.
61m.
55. INFORMASI KEUANGAN TAMBAHAN UNIT SYARIAH 55. SUPPLEMENTARY FINANCIAL INFORMATION
SHARIA UNIT
Informasi keuangan Unit Usaha Syariah disajikan sesuai Financial information of Sharia Business Unit is presented
dengan Surat Edaran Otoritas Jasa Keuangan in accordance with a Circular Letter of OJK
No.10/SEOJK.03/2020 tanggal 1 Juli 2020 tentang No.10/SEOJK.03/2020 dated 1 July 2020 regarding
Transparansi dan Publikasi Bank Umum Syariah dan Unit Transparency and Publication of Sharia Bank and Sharia
Usaha Syariah dan bukan/tidak merupakan informasi yang Business Unit and is not an information required by
dipersyaratkan oleh Standar Akuntansi Indonesia. Indonesian Accounting Standards.
2024 2023
ASET ASSETS
Kas 39.157 17.680 Cash
Penempatan pada Bank
Indonesia 2.850.135 1.316.008 Placements with Bank Indonesia
Pembiayaan berbasis piutang**) 6.270.070 6.539.728 Financing receivables**)
Pembiayaan bagi hasil 4.509.220 4.055.954 Profit sharing financing
Pembiayaan sewa 900.360 587.060 Lease financing
Aset produktif lainnya 69.684 83.575 Earning other assets
Kerugian kredit ekspektasian (422.931) (427.824) Expected credit losses
Aset tetap dan inventaris 7.615 7.319 Fixed assets and equipment
Aset non produktif 1.161 - Non earning asset
Aset lainnya 8.838 344.697 Other assets
JUMLAH ASET 14.233.309 12.524.197 TOTAL ASSETS
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
Dana simpanan wadiah 942.088 1.009.962 Wadiah saving
Dana investasi non profit sharing 7.551.224 7.247.892 Non profit sharing investment funds
Liabilitas kepada bank lain 504.993 583.772 Liabilities to other banks
Liabilitas lainnya 52.010 43.439 Other liabilities
Dana usaha 5.047.012 3.475.344 Working fund
Saldo laba 135.982 163.788 Retained earnings
JUMLAH LIABILITAS DAN
EKUITAS 14.233.309 12.524.197 TOTAL LIABILITIES AND EQUITY
**) Pada tanggal 31 Desember 2024 dan 2023, jumlah piutang iB tidak **) As of 31 December 2024 and 2023, the total iB receivable excludes
termasuk marjin yang belum diterima masing-masing sebesar margin to be received of Rp1,383,811 and Rp1,362,514,
Rp1.383.811 dan Rp1.362.514. respectively.
LAMPIRAN – 5/181 – SCHEDULE
748 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 751
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
55. INFORMASI KEUANGAN TAMBAHAN UNIT SYARIAH 55. SUPPLEMENTARY FINANCIAL INFORMATION
(lanjutan) SHARIA UNIT (continued)
2024 2023
PENDAPATAN DAN BEBAN OPERASIONAL OPERATING INCOME AND EXPENSES
Pendapatan dan beban operasional Operating Income and expenses
dari penyaluran dana from fund distribution
Pendapatan penyaluran dana Income from distribution of fund
Pendapatan dari piutang 831.277 706.132 Income from receivables
Pendapatan dari bagi hasil 348.207 319.885 Income from profit sharing
Pendapatan sewa 54.565 35.511 Leased income
Lainnya 4.828 5.171 Others
Bagi hasil untuk pemilik dana investasi Margin distribution to owners of
non profit sharing (340.597) (251.706) investment funds non profit sharing
Pendapatan setelah distribusi bagi hasil 898.280 814.993 Income after margin distribution
Pendapatan dan beban operasional Other operating income and
selain penyaluran dana expenses except fund distribution
(Kerugian)/keuntungan penjabaran (Losses)/gains on foreign
transaksi valuta asing (73) 33 currency translation
Pendapatan operasional lainnya Other operating income
Komisi/provisi/imbalan Commission/provision/fee
dan administrasi 6.213 4.392 and administrative
Pendapatan lainnya 31.854 22.786 Other income
Beban operasional lainnya Other operating expense
Beban bonus wadiah (19.940) (9.397) Wadiah bonus expenses
Kerugian penurunan nilai aset keuangan (574.683) (473.462) Impairment losses on financial assets
Kerugian terkait risiko operasional (10) (13) Loss on operational risk
Pemulihan kerugian penurunan nilai aset Reversal of impairment losses
lainnya - 13.000 on other assets
Beban tenaga kerja (87.017) (76.865) Salaries and employee benefits
Beban lainnya (73.126) (66.603) Other expense
Beban operasional lainnya (716.782) (586.129) Other operating expenses
LABA OPERASIONAL 181.498 228.864 OPERATING PROFIT
PENDAPATAN DAN BEBAN NON OPERATING INCOME
NON OPERASIONAL AND EXPENSES
Keuntungan penjualan aset tetap dan Gain on sales of fixed asset and
inventaris 59 2 equipment
Beban non operasional lainnya (6.381) (17.588) Non operating expenses
RUGI NON OPERASIONAL (6.322) (17.586) NON OPERATING LOSS
LABA TAHUN BERJALAN INCOME FOR THE
SEBELUM PAJAK 175.176 211.278 YEAR ENDED BEFORE TAX
Pajak penghasilan (39.194) (47.490) Income tax
LABA TAHUN BERJALAN INCOME FOR THE
SETELAH PAJAK BERSIH 135.982 163.788 YEAR ENDED NET OF TAX
LAMPIRAN – 5/182 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 749
Page 752
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
56. AKTIVITAS INVESTASI NON-KAS 56. NON-CASH INVESTING ACTIVITY
2024 2023
Aktivitas investasi non-kas: Non-cash investing activities:
Pembelian aset takberwujud yang masih Acquisition of intangible assets
terutang 67.582 2.249 which is still payable
Pembelian aset tetap yang masih Acquisition of fixed assets
terutang 4.877 9.587 still unpaid
Kerugian penghapusan aset tetap Loss on write off of fixed assets
dan perangkat lunak 402 12.680 and software
Kerugian penghapusan investasi Loss on write off of investment
dalam saham - 1.025 in share
57. STANDAR AKUNTANSI YANG TELAH DISAHKAN 57. ACCOUNTING STANDARDS ISSUED BUT NOT YET
NAMUN BELUM BERLAKU EFEKTIF EFFECTIVE
Berikut ini ikhtisar Pernyataan Standar Akuntansi Keuangan The following summarizes the Statements of Financial
(PSAK) yang telah disahkan oleh Dewan Standar Akuntansi Accounting Standards (PSAK) that are issued by the
Keuangan (DSAK) di Indonesia, yang relevan bagi Bank dan Indonesian Accounting Standards Board (DSAK) which
Entitas Anak tetapi belum berlaku efektif untuk laporan are relevant to the Bank and Subsidiary, but not yet
keuangan konsolidasian untuk tahun yang berakhir pada effective for the consolidated financial statements for the
tanggal 31 Desember 2024. year ended 31 December 2024.
Standar yang akan berlaku efektif pada 1 Januari 2025 Standards will be effective on 1 January 2025 (early
(penerapan dini diperkenankan): implementation is permitted):
- Amandemen PSAK 221: “Pengaruh Perubahan Kurs - Amendment of PSAK 221: “Effect of Changes in
Valuta Asing” terkait pengaturan terkait kondisi Foreign Exchange Rates” regarding conditions
ketika suatu mata uang tidak tertukarkan serta when a currency is not exchangeable and its
pengungkapannya; disclosures;
- PSAK 117: “Kontrak Asuransi”. - PSAK 117: “Insurance Contracts”.
Standar yang akan berlaku efektif pada 1 Januari 2026: Standards will be effective on 1 January 2026:
- Amandemen dan Penyesuaian Tahunan PSAK 109 - Amendment to and Annual Improvement PSAK
"Instrumen Keuangan"; 109 “Financial Instruments”;
- Amandemen PSAK 107 "Instrumen Keuangan: - Amendment to and Annual Improvement PSAK
Pengungkapan"; 107 “Financial Instruments: Disclosure”;
- Penyesuaian Tahunan PSAK 110 "Laporan - Annual Improvement PSAK 110 “Consolidated
Keuangan Konsolidasian"; Financial Statements”;
- Penyesuaian Tahunan PSAK 207 "Laporan Arus - Annual Improvement PSAK 207 “Statement of
Kas". Cash Flows”.
Standard yang akan berlaku efektif pada 1 Januari 2027: Standards will be effective on 1 January 2027:
- PSAK 413 "Penurunan Nilai". - PSAK 413 "Impairment Losses".
Pada saat penerbitan laporan keuangan konsolidasian, Bank As of the authorization date of these consolidated
dan Entitas Anak masih mengevaluasi dampak yang financial statements, the Bank and Subsidiary are still
mungkin timbul dari penerapan standar baru dan revisi evaluating the potential impact of these new and revised
tersebut serta pengaruhnya terhadap laporan keuangan standards to the consolidated financial statements.
konsolidasian.
LAMPIRAN – 5/183 – SCHEDULE
750 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 753
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
58. REKONSILIASI AKTIVITAS PENDANAAN BERSIH 58. NET FINANCING ACTIVITIES RECONCILIATION
Rekonsiliasi dari aktivitas pendanaan adalah sebagai Reconciliation from financing activities are as follows:
berikut:
2024
Saldo awal/
Beginning Arus kas/ Lain-lain/ Saldo akhir/
balance Cashflow Others Ending balance
Pinjaman yang diterima 8.320.889 2.118.374 10.925 10.450.188 Borrowings
Utang obligasi 5.835.456 462.282 9.492 6.307.230 Bond payables
Sukuk mudharabah 859.000 (27.170) - 831.830 Mudharabah bonds
Pinjaman subordinasi 25.000 - - 25.000 Subordinated loan
Efek dijual dengan janji Securities sold under
dibeli kembali - 4.718.889 - 4.718.889 repurchase agreement
Liabilitas sewa 375.990 (146.135) 266.775 496.630 Lease Liabilities
Jumlah liabilitas dari Total liabilities from
aktivitas pendanaan 15.416.335 7.126.240 287.192 22.829.767 financing activities
2023
Saldo awal/
Beginning Arus kas/ Lain-lain/ Saldo akhir/
balance Cashflow Others Ending balance
Pinjaman yang diterima 4.427.667 3.921.639 (28.417) 8.320.889 Borrowings
Utang obligasi 4.940.107 889.613 5.736 5.835.456 Bond payables
Sukuk mudharabah 441.000 418.000 - 859.000 Mudharabah bonds
Pinjaman subordinasi 25.000 - - 25.000 Subordinated loan
Liabilitas sewa 325.826 (132.026) 182.190 375.990 Lease Liabilities
Jumlah liabilitas dari Total liabilities from
aktivitas pendanaan 10.159.600 5.097.226 159.509 15.416.335 financing activities
59. PERISTIWA SETELAH TANGGAL PELAPORAN 59. EVENT AFTER REPORTING DATE
ADMF telah melaksanakan penawaran umum atas ADMF has conducted a public offering of Adira Finance
Obligasi Berkelanjutan VI Adira Finance Tahap V Tahun Continuing Bonds VI Phase V Year 2025 on 10 and
2025 pada tanggal 10 dan 11 Februari 2025 dengan 11 February 2025 with total principal amount of the
jumlah pokok obligasi sebesar Rp2.066.993.000.000 (nilai bonds amounted to Rp2,066,993,000,000 (full amount).
penuh).
60. INFORMASI KEUANGAN TAMBAHAN 60. SUPPLEMENTARY FINANCIAL INFORMATION
Informasi yang disajikan pada lampiran 6/1 – 6/9 Information presented in schedule 6/1-6/9 are additional
merupakan informasi keuangan tambahan PT Bank financial informations of PT Bank Danamon Indonesia
Danamon Indonesia Tbk (Entitas Induk), yang menyajikan Tbk (Parent Company), which presented investment in
investasi pada Entitas Anak berdasarkan metode ekuitas Subsidiary according to equity method and are an
dan merupakan bagian yang tidak terpisahkan dari integral part of the consolidated financial statements of
laporan keuangan konsolidasian PT Bank Danamon PT Bank Danamon Indonesia Tbk and Subsidiary.
Indonesia Tbk dan Entitas Anak.
LAMPIRAN – 5/184 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 751
Page 754
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA ACCOUNTING STANDARDS
Informasi tambahan berikut yang disajikan dibawah ini The following additional information presented below is
merupakan informasi yang disyaratkan oleh regulasi yang information required by applicable regulations and is not
berlaku dan bukan/tidak merupakan informasi yang information required by Indonesian Financial
dipersyaratkan oleh Standar Akuntansi Keuangan Accounting Standards:
Indonesia:
a. Giro pada Bank Indonesia a. Current accounts with Bank Indonesia
Pemenuhan Giro Wajib Minimum (GWM) Bank dalam Fulfillment of Bank’s Statutory Reserve Requirement
mata uang Rupiah dan Valuta Asing sesuai Peraturan (GWM) in Rupiah and Foreign Currency as regulated
Bank Indonesia (PBI) No.11 tahun 2024 dan in Bank Indonesia Regulation (PBI) No.11 year 2024
pemenuhan Penyangga Likuiditas Makroprudensial and fulfilment of Macroprudential Liquidity Buffer
(PLM) sesuai PBI No.20/4/PBI/2018 dan perubahan (PLM) as regulated in PBI No.20/4/PBI/2018 and its
terakhirnya dalam PBI No.24/16/PBI/2022 serta latest amendment in PBI No.24/16/PBI/2022 along
peraturan-peraturan pelaksanaannya. Adapun rasio with its implementation regulations. Then, GWM ratio
GWM Rupiah dan mata uang asing serta rasio PLM in both Rupiah and foreign currency along with PLM
yang harus dipenuhi Bank pada tanggal 31 Desember ratio that must be met as of 31 December 2024 and
2024 dan 2023 adalah sebagai berikut: 2023 as follows:
2024 2023
Konvensional Conventional
Rupiah Rupiah
GWM secara harian1) 0,00% 0,00% Daily GWM1)
GWM secara rata-rata1) 6,90% 7,00% Average GWM1)
Penyangga Likuiditas
Makroprudensial (PLM) 5,00% 5,00% Macroprudential Liquidity Buffer
Mata uang asing Foreign currency
GWM secara harian 2,00% 2,00% Daily GWM
GWM secara rata-rata 2,00% 2,00% Average GWM
Unit Usaha Syariah Sharia Business Unit
Rupiah Rupiah
GWM secara harian1) 0,00% 0,00% Daily GWM1)
GWM secara rata-rata1) 3,90% 4,60% Average GWM1)
Mata uang asing Foreign currencies
GWM mata uang asing 1,00% 1,00% Foreign currency GWM
1)
Insentif yang diterima Bank atas penyaluran kredit atau pembiayaan 1)
Incentive received by the Bank on providing loans or financing
sebagaimana diatur dalam peraturan BI mengenai Kebijakan Insentif which regulated in Bank Indonesia regulation related to
Likuiditas Makroprudensial berupa remunerasi atau insentif (‘athaya) Macroprudential Liquiditiy Incentive as remuneration or incentive
terhadap pemenuhan GWM Rupiah untuk konvensional dan UUS (‘athaya) to fulfil Statutory Reserves in Rupiah for conventional and
pada 31 Desember 2024 masing-masing sebesar 2,10% dan 3,60% UUS on 31 December 2024 amounted to 2.10% and 3.60%,
(2023: masing-masing 2,00% dan 2,90%). Dengan demikian, respectively (2023: 2.00% and 2.90%, respectively). Then, on
pemenuhan GWM Rupiah pada 31 Desember 2024 untuk 31 December 2024, the fulfilment of Statutory Reserves in Rupiah
konvensional yang seharusnya wajib dipenuhi secara harian 0,00% for conventional which should be 0.00% for daily GWM and 9.00%
dan secara rata-rata 9,00% menjadi 6,90% dan untuk UUS yang an average become 6.90% and for UUS which should be 0.00%
seharusnya wajib dipenuhi secara harian 0,00% dan secara rata-rata for daily GWM and 7.50% an average become 3.90%.
sebesar 7,50% menjadi 3,90%.
LAMPIRAN – 5/185 – SCHEDULE
752 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 755
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
a. Giro pada Bank Indonesia (lanjutan) a. Current accounts with Bank Indonesia
(continued)
Pada tanggal 31 Desember 2024 dan 2023, Bank telah As of 31 December 2024 and 2023, the Bank has
memenuhi rasio sesuai ketentuan di atas. Berikut fulfilled the ratio as mentioned above. The Rupiah
adalah rasio GWM Rupiah dan mata uang asing serta and Foreign currencies Minimum Statutory
PLM adalah sebagai berikut: Reserves Ratio and PLM are as follows:
2024 2023
Konvensional Conventional
Rupiah Rupiah
GWM secara harian1) 0,00% 0,00% Daily GWM1)
GWM secara rata-rata 6,95% 7,10% Average GWM
Penyangga Likuiditas
Makroprudensial (PLM) 19,21% 15,78% Macroprudential Liquidity Buffer
Mata uang asing Foreign currency
GWM secara harian2) 2,00% 2,00% Daily GWM2)
GWM secara rata-rata 2,10% 2,29% Average GWM
Unit Usaha Syariah Sharia Business Unit
Rupiah Rupiah
GWM secara harian3) 0,00% 0,00% Daily GWM3)
GWM secara rata-rata 4,03% 4,72% Average GWM
Mata uang asing Foreign currencies
GWM mata uang asing 5,43% 1,16% Foreign currency GWM
1)
Realisasi GWM konvensional secara harian Rupiah pada 31 Desember 1)
Realization of Daily GWM for conventional in Rupiah as of 31
2024 dan 2023 masing-masing sebesar 4,09% dan 3,94%. December 2024 and 2023 amounted to 4.09% and 3.94%,
respectively.
2)
Realisasi GWM konvensional secara harian mata uang asing pada 2)
Realization of Daily GWM in foreign currency as of 31 December
31 Desember 2024 dan 2023 masing-masing sebesar 4,11% dan 2024 and 2023 amounted to 4.11% and 4.51%, respectively.
4,51%. 3)
Realization of Daily GWM for sharia in Rupiah as of 31 December
3)
Realisasi GWM syariah secara harian untuk Rupiah pada 31 Desember 2024 and 2023 amounted to 4.87% and 1.67%, respectively.
2024 dan 2023 masing-masing sebesar 4,87% dan 1,67%.
Pengungkapan lebih lanjut Giro pada Bank Indonesia The further disclosures on current accounts with
diungkapkan pada Catatan 5. Bank Indonesia are presented in Note 5.
b. Giro pada bank lain b. Currents accounts with other banks
Berdasarkan kolektibilitas OJK By OJK collectibility
Berdasarkan ketentuan OJK yang berlaku, semua giro Based on the prevailing OJK regulation, all current
pada bank lain pada tanggal 31 Desember 2024 dan accounts with other banks as of 31 December
2023 digolongkan lancar. 2024 and 2023 were classified as current.
Pengungkapan lebih lanjut giro pada bank lain The further disclosures on current accounts with
diungkapkan pada Catatan 6. other banks are presented in Note 6.
LAMPIRAN – 5/186 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 753
Page 756
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
c. Penempatan pada bank lain dan Bank Indonesia c. Placements with other banks and Bank
Indonesia
Berdasarkan kolektibilitas OJK By OJK collectibility
Berdasarkan ketentuan OJK yang berlaku, seluruh Based on the prevailing OJK Regulation, all
penempatan pada bank lain dan Bank Indonesia pada placements with other banks and Bank Indonesia as
tanggal 31 Desember 2024 dan 2023 digolongkan of 31 December 2024 and 2023 were classified as
sebagai lancar. current.
Pengungkapan lebih lanjut penempatan pada bank lain The further disclosures on placements with other
dan Bank Indonesia diungkapkan pada Catatan 7. banks and Bank Indonesia are presented in Note 7.
d. Efek-efek d. Marketable securities
Berdasarkan kolektibilitas OJK By OJK collectibility
2024 2023
Lancar 12.828.586 3.532.359 Current
Diragukan 90.000 82.960 Doubtful
12.918.586 3.615.319
Dikurangi: Less:
Kerugian kredit ekspektasian (225.130) (354.649) Expected credit losses
12.693.456 3.260.670
Pengungkapan lebih lanjut efek-efek diungkapkan pada The further disclosures on marketable securities are
Catatan 8. presented in Note 8.
e. Efek yang dibeli dengan janji dijual kembali e. Securities purchased under resale agreements
Klasifikasi kolektibilitas efek yang dibeli dengan janji Collectibility classification of securities purchased
dijual kembali pada tanggal 31 Desember 2024 dan under resale agreements as of 31 December 2024
2023 adalah lancar. and 2023 was current.
Pengungkapan lebih lanjut efek yang dibeli dengan The further disclosures on securities purchased
janji dijual kembali diungkapkan pada Catatan 9. under resale agreements are presented in Note 9.
f. Tagihan derivatif f. Derivative receivables
Berdasarkan ketentuan OJK yang berlaku, seluruh Based on prevailing OJK regulation, all derivatives
tagihan derivatif pada tanggal 31 Desember 2024 dan receivables as of 31 December 2024 and 2023
2023 digolongkan sebagai lancar. were classified as current.
Pengungkapan lebih lanjut tagihan derivatif The further disclosures on derivative receivables
diungkapkan pada Catatan 10. are presented in Note 10.
LAMPIRAN – 5/187 – SCHEDULE
754 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 757
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
g. Pinjaman g. Loans
Pinjaman yang direstrukturisasi Restructured loans
2024
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Current Mention standard Doubtful Loss Total
Modal Kerja 1.195.107 582.042 1.777 147.618 796.198 2.722.742 Working capital
Konsumsi 1.552.113 254.588 7.860 13.983 72.093 1.900.637 Consumer
Investasi 114.303 308.379 21.376 31.863 87.534 563.455 Investment
2.861.523 1.145.009 31.013 193.464 955.825 5.186.834
Dikurangi: Less:
Kerugian kredit Expected credit
ekspektasian (772.441) (777.238) (17.191) (177.834) (932.003) (2.676.707) losses
Jumlah – neto 2.089.082 367.771 13.822 15.630 23.822 2.510.127 Total – net
2023
Dalam
Perhatian Kurang
Khusus/ Lancar/
Lancar/ Special Sub- Diragukan/ Macet/ Jumlah/
Current Mention standard Doubtful Loss Total
Modal Kerja 1.649.957 780.777 158.597 152.577 1.286.696 4.028.604 Working capital
Konsumsi 1.805.910 296.530 2.841 7.445 66.139 2.178.865 Consumer
Investasi 224.333 413.267 20.800 16.959 146.454 821.813 Investment
3.680.200 1.490.574 182.238 176.981 1.499.289 7.029.282
Dikurangi: Less:
Kerugian kredit Expected credit
ekspektasian (873.430) (925.913) (157.857) (169.421) (1.481.142) (3.607.763) losses
Jumlah – neto 2.806.770 564.661 24.381 7.560 18.147 3.421.519 Total – net
Berdasarkan kolektibilitas OJK By OJK collectibility
Kualitas pinjaman yang diberikan berdasarkan Loans quality based on collectibility:
kolektibilitas:
2024 2023
Lancar 145.591.993 132.835.228 Current
Dalam perhatian khusus 7.901.185 7.750.926 Special mention
Kurang lancar 327.370 461.761 Sub-standard
Diragukan 651.593 593.750 Doubtful
Macet 1.788.854 2.009.216 Loss
156.260.995 143.650.881
Dikurangi: Less:
Kerugian kredit ekspektasian (7.514.253) (7.337.274) Expected credit losses
148.746.742 136.313.607
LAMPIRAN – 5/188 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 755
Page 758
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
g. Pinjaman (lanjutan) g. Loans (continued)
Informasi pokok lainnya sehubungan dengan Other significant information relating to loans
pinjaman yang diberikan
Pada tanggal 31 Desember 2024, rasio Non- As of 31 December 2024, the percentage of Non-
Performing Loan (NPL)-gross dan rasio NPL-net Performing Loan (NPL)-gross and NPL-net were
adalah masing-masing sebesar 1,89% dan 0,22% 1.89% and 0.22% (2023: 2.28% and 0.23%),
(2023: 2,28% dan 0,23%) yang dihitung berdasarkan respectively, which was calculated based on Circular
Surat Edaran OJK No.09/SEOJK.03/2020 tanggal Letter of OJK No.09/SEOJK.03/2020 dated 30 June
30 Juni 2020. 2020.
Rasio kredit usaha kecil terhadap jumlah pinjaman yang The ratio of small business loans to total loans as of
diberikan pada tanggal 31 Desember 2024 dan 31 December 2024 and 2023 are 14.58% and
2023 masing-masing sebesar 14,58% dan 16,05%. 16.05%, respectively.
Pengungkapan lebih lanjut pinjaman diungkapkan The further disclosures on loans are presented in
pada Catatan 11. Note 11.
h. Tagihan akseptasi h. Acceptance receivables
Berdasarkan kolektibilitas OJK By OJK collectibility
2024 2023
Lancar 1.134.593 1.539.257 Current
Dalam perhatian khusus 1.407 1.365 Special mention
1.136.000 1.540.622
Dikurangi: Less:
Kerugian kredit
ekspektasian (6.470) (2.859) Expected credit losses
1.129.530 1.537.763
i. Komitmen dan kontijensi i. Commitments and contingencies
Liabilitas komitmen Commitment liabilities
Berdasarkan kolektibilitas OJK By OJK collectibility
2024 2023
Lancar 5.977.915 5.773.879 Current
Dalam perhatian khusus 2.454 1.816 Special mention
Jumlah 5.980.369 5.775.695 Total
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756 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 759
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
i. Komitmen dan kontijensi (lanjutan) i. Commitments and contingencies (continued)
Liabilitas kontijensi Contigencies liabilities
Berdasarkan kolektibilitas OJK By OJK collectibility
2024 2023
Lancar 8.318.681 7.447.178 Current
Dalam perhatian khusus 574 1.000 Special mention
Macet 300 - Loss
Jumlah 8.319.555 7.448.178 Total
Pengungkapan lebih lanjut komitmen dan kontijensi The further disclosures on commitments and
diungkapkan pada Catatan 46. contingencies are presented in Note 46.
j. Kerangka manajemen risiko j. Risk management framework
Dalam rangka memenuhi Peraturan OJK In order to comply with OJK’s Regulation
No.14/POJK.03/2017, Bank telah membuat dan No.14/POJK.03/2017, the Bank has developed and
melakukan kaji ulang tahunan atas Rencana Aksi reviewed Recovery Plan on annual basis in which
(“Recovery Plan”) dan dalam hal ini Bank telah the Bank has set various recovery options that are
menetapkan berbagai opsi pemulihan yang telah dinilai assessed in terms of feasibility, credibility,
dalam hal kelayakan, kredibilitas, kerangka waktu implementation timeframe and effectiveness in
implementasi dan efektivitas guna mempertahankan order to ensure that the Bank able to survive in
Bank dalam menghadapi serangkaian skenario stress facing a range of severe but plausible stress
parah yang mungkin terjadi. scenarios.
Sesuai dengan POJK No.51/POJK.03/2017 tentang According to POJK No.51/POJK.03/2017 regarding
Penerapan Keuangan Berkelanjutan Bagi Lembaga Jasa Implementation of Sustainable Finance for Financial
Keuangan, Emiten, dan Perusahaan Publik yang Service Institution, Issuers, and Public Company
dikeluarkan pada tahun 2017, Bank issued in 2017, the Bank has implemented the
mengimplementasikan Keuangan Berkelanjutan sejak Sustainable Finance since 1 January 2019.
1 Januari 2019.
Pengungkapan lebih lanjut kerangka manajemen risiko The further disclosures on risk management
diungkapkan pada Catatan 50. framework are presented in Note 50.
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Page 760
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
k. Risiko pasar k. Market risk
Risiko mata uang asing Foreign currency risk
2024
Posisi Devisa
Liabilitas/ Neto/Net Open
Mata Uang Aset/Assets Liabilities Position Currencies
Keseluruhan Aggregate (Statement
(Laporan posisi keuangan of financial position
dan Rekening Administratif) and Off-Balance Sheet)
Offshore Yuan China 6.919.738 6.685.624 234.114 Offshore China Yuan
Yuan China 189.904 423.801 233.897 China Yuan
Dolar Amerika Serikat 55.827.528 55.722.121 105.407 United States Dollar
Singapura Dolar 1.433.701 1.464.736 31.035 Singapore Dollar
Euro Eropa 534.953 510.064 24.889 European Euro
Yen Jepang 787.481 792.395 4.914 Japanese Yen
Dolar Hongkong 3.515 2 3.513 Hongkong Dollar
New Zealand Dolar 43.981 40.915 3.066 New Zealand Dollar
Dolar Australia 1.009.572 1.006.627 2.945 Australian Dollar
Lain-lain 157.001 147.366 9.635 *) Other currencies
Jumlah 653.415 Total
Jumlah Modal Tier I dan II 37.671.446 Total Tier I and II Capital
Rasio PDN (Keseluruhan) 1,73% NOP Ratio (Aggregate)
2023
Posisi Devisa
Liabilitas/ Neto/Net Open
Mata Uang Aset/Assets Liabilities Position Currencies
Keseluruhan Aggregate (Statement
(Laporan posisi keuangan of financial position
dan Rekening Administratif) and Off-Balance Sheet)
Offshore Yuan China 888.114 758,212 129.902 Offshore China Yuan
Yuan China 112.258 241.526 129.268 China Yuan
Singapura Dolar 658.768 670.692 11.924 Singapore Dollar
Euro Eropa 529.151 517.254 11.897 European Euro
Dolar Amerika Serikat 42.636.666 42.627.547 9.119 United States Dollar
Dolar Australia 741.151 732.836 8.315 Australian Dollar
Yen Jepang 1.246.729 1.251.735 5.006 Japanese Yen
New Zealand Dollar 18.525 14.295 4.230 New Zealand Dollar
Swiss Franc 19.811 23.940 4.129 Swiss Franc
Great Britain Pound 108.301 104.472 3.829 Great Britain Pound
Lain-lain 12.840 4.936 7.904 *) Other currencies
Jumlah 325.523 Total
Jumlah Modal Tier I dan II 35.526.634 Total Tier I and II Capital
Rasio PDN (Keseluruhan) 0,92% NOP Ratio (Aggregate)
*) Merupakan penjumlahan dari nilai absolut atas selisih aset dan liabilitas di *) The sum of the absolute values of the difference between assets and
Laporan posisi keuangan untuk setiap mata uang asing ditambah dengan liabilities at the Statement of financial position for each foreign currency
selisih tagihan dan liabilitas dalam bentuk komitmen dan kontinjensi. and added with the difference between receivables and liabilities in the
form of commitments and contingencies.
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Page 761
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
k. Risiko pasar (lanjutan) k. Market risk (continued)
Risiko tingkat suku bunga Interest rate risk
Metode yang digunakan dalam hal pengelolaan risiko The method used in terms of managing Banking
suku bunga Banking Book untuk analisis sensitivitas Book Interest rate risk for sensitivity analysis are
adalah EVE dan NII seperti yang digunakan dalam EVE and NII as stipulated in OJK circular letter
SEOJK No.12/SEOJK.03/2018 tentang Penerapan SEOJK No.12/SEOJK.03/2018 concerning Risk
Manajemen Risiko dan Pengukuran Risiko Management Implementation and Standardized
Pendekatan Standar untuk Risiko Suku Bunga dalam Approach Risk Measurement for Interest Rate Risk
banking Book. Pada kedua metode tersebut, analisis in the banking Book. Under both methods,
sensitivitas dilakukan dengan menaikkan dan sensitivity analysis is conducted by increasing and
menurunkan suku bunga sesuai dengan skenario decreasing the interest rate in accordance to the
yang ditetapkan pada SEOJK tersebut. Rasio-rasio scenarios stipulated in the circular letter. These
ini dipantau secara berkala, ditetapkan limitnya, ratios are monitored periodically, limits are set, and
dimonitor secara ketat dan dilakukan ekalasi sesuai closely monitored and escalated in accordance with
dengan kebijakan yang ada apabila terdapat existing policies if there is a violation of existing
pelanggaran atas limit yang ada. limits.
Pengelolaan risiko suku bunga pada trading book Interest rate risk management in the trading book is
dilakukan melalui pengukuran terhadap posisi dan carried out through position measurements and
juga melalui pengukuran yang lebih sensitif terhadap also through measurements that are more sensitive
risiko suku bunga seperti DV01 (per tenor bucket dan to interest rate risk such as DV01 (per bucket tenor
mata uang), Greeks, Stop Loss Limit dan Stress and currency), Greeks, Stop Loss Limit and Stress
Testing. Testing.
Pengungkapan lebih lanjut risiko pasar diungkapkan The further disclosures on market risk are
pada Catatan 50. presented in Note 50.
l. Batas maksimum pemberian kredit bank umum l. Legal lending limit for commercial banks(“LLL”)
(“BMPK”)
Pada tanggal 31 Desember 2024 dan 2023, tidak As of 31 December 2024 and 2023, there was no
terdapat pelampauan BMPK kepada pihak terkait excess of LLL to both related parties and non-
maupun pihak tidak terkait. related parties.
Bank telah menerapkan peraturan OJK The Bank has implemented OJK regulation
No.38/POJK.03/2017 tentang penerapan manajemen No.38/POJK.03/2017 regarding the implementation
risiko secara konsolidasi bagi Bank yang melakukan of consolidated risk management to the Subsidiary
pengendalian terhadap Entitas Anak dalam which are controlled by the Bank in the Bank’s LLL
perhitungan BMPK Bank. calculation.
Perhitungan BMPK 31 Desember 2024 dan 2023 LLL calculation as of 31 December 2024 and
disusun berdasarkan: 2023 are prepared based on:
- Peraturan OJK No.32/POJK.03/2018 tentang - OJK Regulation No.32/POJK.03/2018 regarding
Batas Maksimum Pemberian Kredit dan Legal Lending Limit and Large Exposure for
Penyediaan Dana Besar Bagi Bank Umum yang Commercial Bank which is effective starting on 1
berlaku mulai 1 Juni 2019; dan June 2019; and
- Peraturan OJK No.38/POJK.03/2019 tentang - OJK Regulation No.38/POJK.03/2019 regarding
Perubahan atas Peraturan OJK Amendments of OJK Regulation
No.32/POJK.03/2018 tentang Batas Maksimum No.32/POJK.03/2018 regarding Legal Lending
Pemberian Kredit dan Penyediaan Dana Besar Limit and Large Exposure for Commercial Bank
Bagi Bank Umum yang berlaku mulai 1 Januari which is effective starting on 1 January 2020.
2020.
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PT Bank Danamon Indonesia Tbk 2024 Annual Report 759
Page 762
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
l. Batas maksimum pemberian kredit bank umum l. Legal lending limit for commercial
(“BMPK”) (lanjutan) banks(“LLL”) (continued)
Batas maksimum penyediaan dana diatur sebagai The maximum lending limit is as follows:
berikut:
- kepada Pihak Terkait tidak melebihi 10% dari - to Related Parties do not exceed than 10% from
modal Bank; Bank’s capital;
- kepada satu peminjam yang Bukan Pihak Terkait - to one Non-Related Party debtor does not
tidak melebihi 25% dari modal inti Bank; exceed than 25% of the Bank’s tier 1 capital;
- kepada satu kelompok peminjam yang Bukan - to one Non-Related Party group debtors do not
Pihak Terkait tidak melebihi 25% dari modal inti exceed than 25% of the Bank’s tier 1 capital; and
Bank; dan
- kepada Badan Usaha Milik Negara (BUMN) untuk - to State Own Entities (SOE) for development
tujuan pembangunan tidak melebihi 30% dari purpose does not exceed than 30% from
modal Bank. Bank’s capital.
m. Manajemen permodalan m. Capital management
Penerapan Bank atas risiko pasar, risiko kredit, dan The Bank implementation on market risk, credit
risiko operasional dalam permodalan adalah sebagai risk, and operational risk in capital is as follows:
berikut:
Risiko pasar Market risk
Bank telah menerapkan perhitungan ATMR Risiko The Bank has implemented the RWA Calculation
Pasar dengan pendekatan standar - Basel III Reform for Market Risk using the standardize approach -
untuk mengelola risiko pasar sesuai Surat Edaran Basel III reform in accordance with OJK Circular
OJK No.23/SEOJK.03/2022 tanggal 7 Desember Letter No.23/SEOJK.03/2022 dated 7 December
2022, yang efektif berlaku sejak 1 Januari 2024. 2022, effective since 1 January 2024. This
Ketentuan ini menggantikan Surat Edaran OJK regulation replaces OJK Circulation Letter
No.38/SEOJK.03/2016 tentang Perhitungan Aset No.38/SEOJK.03/2016 regarding calculation of
Tertimbang Menurut Risiko untuk Risiko Pasar Risk Weighted Assets for Market Risk with
dengan menggunakan pendekatan standar tanggal standardize approach dated 8 September 2016.
8 September 2016.
Risiko kredit Credit risk
Bank telah menerapkan perhitungan ATMR Risiko The Bank has implemented the RWA Calculation
Kredit dengan pendekatan standar - Basel III Reform for Credit Risk using the standardize approach -
sesuai Surat Edaran OJK No.24/SEOJK.03/2021 Basel III Reform in accordance with OJK Circular
tanggal 7 Oktober 2021, yang efektif berlaku sejak Letter No.24/SEOJK.03/2021 dated 7 October
1 Januari 2023. Ketentuan ini menggantikan Surat 2021, effective since 1 January 2023. This
Edaran OJK No.42/SEOJK.03/2016 tentang regulation replaces OJK Circular Letter
Perhitungan Aset Tertimbang Menurut Risiko untuk No.42/SEOJK.03/2016 regarding calculation of
Risiko Kredit dengan menggunakan pendekatan Risk Weighted Assets for Credit Risk with
standar tanggal 28 September 2016. standardize approach dated 28 September 2016.
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760 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 763
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
m. Manajemen permodalan (lanjutan) m. Capital management (continued)
Risiko operasional Operational risk
Untuk pengelolaan risiko operasional, Bank menerapkan For operational risk management, the Bank uses
pendekatan standar sesuai Surat Edaran OJK standard approach in accordance with OJK
No.6/SEOJK.03/2020 tanggal 29 April 2020, yang efektif Circular Letter No.6/SEOJK.03/2020 dated
berlaku sejak tanggal 1 Januari 2023. Ketentuan ini 29 April 2020, effective since 1 January 2023. This
menggantikan Surat Edaran OJK Provision replacing OJK Circular Letter
No.24/SEOJK.03/2016 tentang Perhitungan Aset No.24/SEOJK.03/2016 regarding calculation of
Tertimbang Menurut Risiko untuk Risiko Operasional Risk Weighted Assets for Operational Risk using
dengan menggunakan Pendekatan Indikator Dasar basic indicator approach 14 July 2016.
tanggal 14 Juli 2016.
Untuk Kewajiban Penyediaan Modal Minimum (KPMM), The Capital Adequacy Ratio (CAR) calculation made
Bank telah melakukan perhitungan sesuai Peraturan by the Bank is in accordance with OJK regulation
OJK No.11/POJK.03/2016 tanggal 29 Januari 2016 serta No.11/POJK.03/2016 dated 29 January 2016 and its
perubahannya sesuai Peraturan OJK No.27 Tahun 2022 amendments in accordance with OJK regulation
tanggal 7 Desember 2022. Struktur permodalan Bank No.27/2022 dated 7 December 2022. The current
saat ini terdiri dari: Bank capital structure consists of:
i. Modal inti (tier 1) terdiri dari komponen-komponen i. Core capital (tier 1) consists of components
yang seluruhnya termasuk dalam modal inti utama which are included in main core capital
(common equity tier 1). (common equity tier 1).
Modal inti (tier 1) tersebut terdiri dari modal disetor The core capital (tier 1) comprises of paid-up
dan cadangan tambahan modal dikurangi dengan capital and disclosed reserves less
perhitungan pajak tangguhan, aset tidak berwujud deductions for deferred tax, intangible assets
dan penyertaan di entitas anak. and investment in Subsidiary.
Cadangan tambahan modal terdiri dari agio Disclosed reserve consists of additional paid
saham, cadangan umum, laba tahun-tahun lalu, up capital, general reserves, prior year profit,
laba tahun berjalan, penghasilan komprehensif current year profit, other comprehensive
lainnya, dikurangi selisih kurang antara PPA dan income less shortage in regulatory provision
kerugian kredit ekspektasian atas aset produktif, on allowance for impairment loss for
dan PPA atas aset non produktif yang wajib productive assets and non-productive
dihitung. assets.
ii. Modal pelengkap (tier 2) terdiri dari cadangan ii. Supplementary capital (tier 2) comprises the
umum PPA atas aset produktif yang wajib dibentuk regulatory provision general reserve on
(maksimum 1,25% dari ATMR untuk risiko kredit) productive assets (maximum 1.25% from
dan instrumen modal dalam bentuk pinjaman RWA for credit risk) and subordinated loan
subordinasi yang memenuhi persyaratan tier 2. which is qualified as capital instrument in tier
2.
Selain itu, sesuai dengan PBI No.17/22/PBI/2015 Furthermore, according to BI Regulation
tanggal 23 Desember 2015 tentang Kewajiban No.17/22/PBI/2015 dated 23 December 2015 about
Pembentukan Countercyclical Buffer dan POJK Countercyclical Buffer Requirement and OJK
No.2/POJK.03/2018 tanggal 26 Juni 2018 tentang regulation No.2/POJK.03/2018 dated 26 June 2018
Penetapan Systemically Important Bank dan Capital about Stipulation of Systemically Important Bank
Surcharge, Bank wajib membentuk tambahan modal and Capital Surcharge, Bank need to provide
sebagai penyangga (buffer) dan capital surcharge yang additional capital buffers and capital surcharge
telah berlaku penuh sejak 1 Januari 2019. which fully implemented since 1 January 2019.
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Page 764
The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
m. Manajemen permodalan (lanjutan) m. Capital management (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Hasil penilaian menunjukkan bahwa Bank mampu The assessment result shows that the Bank has met
memenuhi ketentuan KPMM minimum sesuai dengan the minimum CAR in accordance to its risk profile,
profil risiko, dan mampu memenuhi ketentuan tambahan and met additional capital buffers requirement and
modal (buffer) dan capital surcharge, baik untuk Bank capital surcharge, both on standalone and
maupun konsolidasi. consolidated basis.
Berikut adalah posisi modal berdasarkan peraturan BI The following is the Bank’s capital position based on
dan OJK pada tanggal 31 Desember 2024 dan 2023: BI and OJK regulation as of 31 December 2024 and
2023:
2024 2023
Bank Bank
Dengan memperhitungkan risiko
kredit, With credit risk, market risk
risiko pasar dan risiko operasional and operational risk
- Aset Tertimbang Menurut Risiko 155.021.144 141.109.736 Risk Weighted Assets -
- Jumlah modal 37.858.217 35.753.045 Total capital -
- Rasio Kewajiban Penyediaan Minimum Capital Adequacy -
Modal Minimum 24,42% 25,34% Requirement Ratio
Bank dan Entitas Anak Bank and Subsidiary
Dengan memperhitungkan risiko
With credit risk, market risk
kredit,
risiko pasar dan risiko operasional and operational risk
- Aset Tertimbang Menurut Risiko 183.219.439 166.274.024 Risk Weighted Assets -
- Jumlah modal 48.067.638 45.755.058 Total capital -
- Rasio Kewajiban Penyediaan Minimum Capital Adequacy -
Modal Minimum 26,23% 27,52% Requirement Ratio
Manajemen permodalan dilakukan dengan memonitor Capital management is done through monitoring the
jumlah modal dan rasio modal secara berkala dengan capital base and capital ratios based on industry
mengikuti standar industri guna mengukur kecukupan standards in order to measure capital adequacy. BI’s
permodalan. Pendekatan BI dan OJK atas pengukuran and OJK’s approach to such measurement is
tersebut terutama berdasarkan pengukuran dan primarily based on measurement and monitoring the
pemantauan atas kebutuhan modal minimum terhadap minimum capital requirement to the available capital
ketersediaan sumber modal. resources.
Bank telah memenuhi ketentuan BI dan OJK yang The Bank has fulfilled the BI’s and OJK’s regulation
berlaku tentang Kewajiban Penyediaan Modal Minimum regarding the Minimum Capital Adequacy
(KPMM) dan perhitungan Aktiva Tertimbang Menurut Requirement (CAR) and calculation of Risk Weighted
Risiko (ATMR). Assets (RWA).
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The original consolidated financial statements included herein are in the
Indonesian language.
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
DAN ENTITAS ANAK AND SUBSIDIARY
CATATAN ATAS LAPORAN NOTES TO THE CONSOLIDATED
KEUANGAN KONSOLIDASIAN FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir for the Years Ended
Pada Tanggal 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)
61. INFORMASI TAMBAHAN YANG TIDAK 61. ADDITIONAL INFORMATION THAT IS NOT
DIPERSYARATKAN OLEH STANDAR AKUNTANSI REQUIRED BY INDONESIAN FINANCIAL
KEUANGAN INDONESIA (lanjutan) ACCOUNTING STANDARDS (continued)
m. Manajemen permodalan (lanjutan) m. Capital management (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Bank juga telah menerapkan mekanisme Internal The Bank has also implemented Internal Capital
Capital Adequacy Assessment Process (ICAAP) yaitu Adequacy Assessment Process (ICAAP)
merupakan proses penilaian sendiri oleh Bank dimana mechanism, which is self assessment process by
tidak hanya meliputi kecukupan modal dari risiko-risiko Bank where it does not only cover capital adequacy
dasar dalam Pilar I (Risiko Kredit, Pasar dan from basic risks under Pillar I (Credit, Market and
Operasional) tetapi juga mempertimbangkan Operational Risk) but also take into consideration
kecukupan modal untuk risiko-risiko lainnya (Risiko capital adequacy of other risks (Credit Concentration
Konsentrasi Kredit, Risiko Suku Bunga Buku Bank, Risk, Banking Book Interest Risk, Liquidity Risk and
Risiko Likuiditas dan Dampak dari Stress Test) seperti Stress Test Impact) as specified in Pillar 2 Basel &
disebutkan dalam Pilar 2 Basel dan sesuai ketentuan according to OJK’s regulation.
OJK.
Sebagai bagian dari Pilar 3 Basel, Keterbukaan dan As part of Pillar 3 Basel, Disclosure and Market
Disiplin Pasar juga diterapkan oleh Bank mulai dari Discipline is also implemented by the Bank starting
tahun 2012 melalui publikasi Laporan Tahunan sesuai 2012 through its Annual Report publication as per
ketentuan OJK. OJK regulation.
Pengungkapan lebih lanjut manajemen permodalan The further disclosures on capital management are
diungkapkan pada Catatan 54. presented in Note 54.
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PT Bank Danamon Indonesia Tbk 2024 Annual Report 763
Page 766
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
Laporan keuangan Entitas Induk berikut ini, dimana tidak The following Parent Company-only financial statements, which
termasuk saldo dari Entitas Anak, telah disajikan sesuai exclude the balances of the Bank’s Subsidiary, have been
dengan kebijakan akuntansi yang konsisten dengan yang prepared using the accounting policies that are consistent with
digunakan pada laporan keuangan konsolidasian Bank, those applied to the Bank’s consolidated financial statements,
kecuali untuk investasi pada entitas anak yang disajikan except for investments in Subsidiary, which have been
berdasarkan metode ekuitas. Dampak perubahan pencatatan presented using equity method. The impact of changes in
investasi pada Entitas Anak dari metode harga perolehan ke accounting policy for investments in shares of Subsidiary from
metode ekuitas dibukukan sebagai bagian dari saldo laba cost method to equity method was booked as part of retained
secara retrospektif. Informasi mengenai Entitas Anak earnings retrospectively. Information pertaining to Subsidiary is
diungkapkan pada Catatan 1c atas laporan keuangan disclosed in Note 1c to the Bank’s consolidated financial
konsolidasian Bank. statements.
2024 2023
ASET ASSETS
Kas 2.286.078 2.233.846 Cash
Giro pada Bank Indonesia 6.382.075 5.034.595 Current accounts with Bank Indonesia
Giro pada bank lain,
setelah dikurangi kerugian Current accounts with other banks,
kredit ekspektasian sebesar net of expected credit losses of
Rp116 pada tanggal 31 Desember 2024 Rp116 as of 31 December 2024
(2023: Rp155) (2023: Rp155)
- Pihak berelasi 52.089 178.861 Related parties -
- Pihak ketiga 1.072.627 1.359.829 Third parties -
Penempatan pada bank lain dan Placements with other banks and
Bank Indonesia, setelah dikurangi Bank Indonesia,
kerugian kredit ekspektasian sebesar net of expected credit losses of
RpNihil pada tanggal 31 Desember 2024 RpNil as of 31 December 2024
(2023: RpNihil) 4.417.045 9.031.700 (2023: RpNil)
Efek-efek,
setelah dikurangi kerugian kredit Marketable securities,
ekspektasian sebesar Rp225.130 pada net of expected credit losses of
tanggal 31 Desember 2024 Rp225,130 as of 31 December 2024
(2023: Rp354.649) (2023: Rp354,649)
- Pihak berelasi 217.268 179.553 Related parties -
- Pihak ketiga 12.545.156 3.130.050 Third parties -
Obligasi Pemerintah 18.699.423 16.318.408 Government Bonds
Efek yang dibeli Securities purchased under resale
dengan janji dijual kembali 1.785.799 2.384.446 agreements
Tagihan derivatif Derivative receivables
- Pihak berelasi 9.665 7.937 Related parties -
- Pihak ketiga 363.165 263.023 Third parties -
Pinjaman yang diberikan,
setelah dikurangi kerugian kredit Loans,
ekspektasian sebesar Rp7.514.253 pada net of expected credit losses of
tanggal 31 Desember 2024 Rp7,514,253 as of 31 December 2024
(2023: Rp7.337.274) (2023: Rp7,337,274)
- Pihak berelasi 1.500.594 1.789.982 Related parties -
- Pihak ketiga 147.461.426 135.515.708 Third parties -
Dipindahkan 196.792.410 177.427.938 Carried forward
LAMPIRAN – 6/1 – SCHEDULE
764 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 767
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
Pindahan 196.792.410 177.427.938 Carried forward
Tagihan akseptasi
setelah dikurangi kerugian kredit Acceptance receivables
ekspektasian sebesar Rp6.470 net of expected credit losses of
pada tanggal 31 Desember 2024 Rp6,470 as of 31 December 2024
(2023: Rp2.859) (2023: Rp2,859)
- Pihak berelasi 170.308 175.573 Related parties -
- Pihak ketiga 959.222 1.362.190 Third parties -
Pajak dibayar dimuka 2.067.579 1.496.054 Prepaid tax
Investasi dalam saham 11.939.548 11.532.405 Investments in shares
Investasi pada entitas asosiasi 968.670 957.158 Investment in associate
Aset takberwujud,
setelah dikurangi akumulasi Intangible assets,
amortisasi sebesar Rp2.154.280 pada net of accumulated amortization
tanggal 31 Desember 2024 of Rp2,154,280 as of 31 December
(2023: Rp1.936.101) 590.970 619.294 2024 (2023: Rp1,936,101)
Aset tetap dan Aset hak guna,
setelah dikurangi akumulasi Fixed assets and Right-of-use assets,
penyusutan sebesar Rp2.430.112 net of accumulated depreciation
pada tanggal 31 Desember 2024 of Rp2,430,112 of 31 December 2024
(2023: Rp2.693.728) 1.941.348 1.677.851 (2023: Rp2,693,278)
Aset pajak tangguhan - neto 1.577.132 2.089.078 Deferred tax asset - net
Beban dibayar dimuka dan
aset lain-lain, setelah dikurangi kerugian Prepayments and other assets,
kredit ekspektasian sebesar Rp453.272 net of expected credit losses of
pada tanggal 31 Desember 2024 Rp453,272 as of 31 December 2024
(2023: Rp311.917) (2023: Rp311,917)
- Pihak berelasi 7.741 7.590 Related parties -
- Pihak ketiga 4.749.232 5.225.795 Third parties -
JUMLAH ASET 221.764.160 202.570.926 TOTAL ASSETS
LAMPIRAN – 6/2 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 765
Page 768
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN POSISI KEUANGAN STATEMENTS OF FINANCIAL POSITION
Pada Tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Simpanan nasabah Deposits from customers
- Pihak berelasi 1.612.062 1.563.436 Related parties -
- Pihak ketiga 149.856.607 137.659.040 Third parties -
Simpanan dari bank lain Deposits from other banks
- Pihak berelasi 98.299 869.675 Related parties -
- Pihak ketiga 4.106.450 2.162.015 Third parties -
Efek yang dijual dengan janji Securities sold under
dibeli kembali 4.718.889 - repurchase agreements
Utang akseptasi Acceptance payables
- Pihak berelasi 41.069 61.875 Related parties -
- Pihak ketiga 1.094.931 1.478.747 Third parties -
Utang pajak 123.298 118.150 Taxes payable
Liabilitas derivatif Derivative liabilities
- Pihak berelasi 11.941 4.321 Related parties -
- Pihak ketiga 589.012 321.635 Third parties -
Pinjaman subordinasi 25.000 25.000 Subordinated loan
Beban yang masih harus
dibayar dan liabilitas lain-lain Accruals and other liabilities
- Pihak berelasi 550.458 589.233 Related parties -
- Pihak ketiga 7.868.512 8.481.182 Third parties -
JUMLAH LIABILITAS 170.696.528 153.334.309 TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham - nilai nominal sebesar Share capital - par value per share
Rp50.000 (nilai penuh) per saham of Rp50,000 (full amount) for A series
untuk seri A dan Rp500 (nilai penuh) shares and Rp500 (full amount)for B
per saham untuk seri B series shares
Modal dasar - 22.400.000 saham Authorized - 22,400,000 A series
seri A dan 17.760.000.000 shares and 17,760,000,000
saham seri B B series shares
Modal ditempatkan dan disetor Issued and fully paid -
penuh - 22.400.000 saham seri A 22,400,000 A series shares and
dan 9.751.152.870 saham seri B 5.995.577 5.995.577 9,751,152,870 B series shares
Tambahan modal disetor 7.985.971 7.985.971 Additional paid-up capital
Modal disetor lainnya 189 189 Other paid-up capital
Komponen ekuitas lainnya (114.504) 18.439 Other equity components
Saldo laba Retained earnings
- Sudah ditentukan penggunaannya 563.887 528.848 Appropriated -
- Belum ditentukan penggunaannya 36.636.512 34.707.593 Unappropriated -
Jumlah saldo laba 37.200.399 35.236.441 Total retained earnings
JUMLAH EKUITAS 51.067.632 49.236.617 TOTAL EQUITY
JUMLAH LIABILITAS DAN
EKUITAS 221.764.160 202.570.926 TOTAL LIABILITIES AND EQUITY
LAMPIRAN – 6/3 – SCHEDULE
766 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 769
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 31 Desember 2024 dan 2023 31 Deember 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Expressed in millions of Rupiah, unless otherwise stated)
2024 2023
PENDAPATAN DAN BEBAN OPERATING INCOME AND
OPERASIONAL EXPENSES
Pendapatan bunga 14.735.118 12.565.316 Interest income
Beban bunga (5.899.579) (4.058.267) Interest expense
Pendapatan bunga neto 8.835.539 8.507.049 Net interest income
PENDAPATAN OPERASIONAL
LAINNYA OTHER OPERATING INCOME
Pendapatan provisi dan komisi 840.356 814.037 Fees and commission income
Imbalan jasa lain 1.476.985 1.421.617 Other fees
Kerugian dari perubahan Losses from changes in fair
nilai wajar atas instrumen keuangan value of financial instruments at
yang diukur pada nilai wajar fair value through profit or
melalui laba rugi - neto (19.821) (213.809) loss - net
Perubahan nilai wajar pada Changes in value of
lindung nilai arus kas (44.690) 225.495 cashflow hedge
Keuntungan atas transaksi Gains from foreign
dalam mata uang asing - neto 381.441 220.908 exchange transactions - net
Keuntungan penjualan Gains on sale of
efek-efek dan Obligasi marketable securities and
Pemerintah - neto 321.312 278.368 Government Bonds - net
Pendapatan dividen 4.294 7.720 Dividend income
Bagian laba bersih entitas anak 1.295.132 1.789.884 Share in net income of Subsidiary
Bagian laba bersih entitas asosiasi 32.686 16.015 Share in net income of associate
4.287.695 4.560.235
BEBAN OPERASIONAL LAINNYA OTHER OPERATING EXPENSES
Beban provisi dan komisi lain (367.592) (452.141) Fees and commissions expenses
General and administrative
Beban umum dan administrasi (2.376.365) (2.343.031) expenses
Beban tenaga kerja dan tunjangan (3.914.392) (3.721.100) Salaries and employee benefits
Kerugian penurunan nilai (2.473.551) (2.249.572) Impairment losses
Lain-lain (169.188) (140.799) Others
(9.301.088) (8.906.643)
PENDAPATAN OPERASIONAL NETO 3.822.146 4.160.641 NET OPERATING INCOME
PENDAPATAN DAN BEBAN NON-OPERATING
BUKAN OPERASIONAL INCOME AND EXPENSES
Pendapatan bukan operasional 45.408 34.594 Non-operating income
Beban bukan operasional (141.155) (184.293) Non-operating expenses
BEBAN BUKAN NON-OPERATING
OPERASIONAL – NETO (95.747) (149.699) EXPENSE – NET
LABA SEBELUM PAJAK INCOME BEFORE INCOME
PENGHASILAN 3.726.399 4.010.942 TAX
BEBAN PAJAK PENGHASILAN (547.064) (507.060) INCOME TAX EXPENSE
LABA BERSIH 3.179.335 3.503.882 NET INCOME
LAMPIRAN – 6/4 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 767
Page 770
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN COMPREHENSIVE INCOME
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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)
2024 2023
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pos-pos yang tidak akan Items that will not be reclassified to
direklasifikasi ke laba-rugi profit or loss
Keuntungan/(kerugian) aktuarial
program imbalan pasti, setelah Actuarial gains/(losses) on post
pajak 10.777 (93.473) employment benefit, net of tax
Keuntungan/(kerugian) aktuarial Actuarial gains/(losses) on post
program imbalan pasti, setelah employment benefit, net of tax
pajak dari entitas asosiasi 231 (37) from associate
Perubahan nilai wajar pada investasi Changes in fair value of investment in
dalam saham melalui penghasilan shares through other
komprehensif lain - neto (11.481) - comprehensive income - net
Pos-pos yang akan Items that will be reclassified to
direklasifikasi ke laba-rugi profit or loss
Aset keuangan diukur pada nilai wajar Financial assets measured at fair
melalui penghasilan value through other
komprehensif lain: comprehensive income:
Perubahan nilai wajar yang Changes in fair value in
berakhir pada tahun berjalan (121.563) 187.688 current year
Kerugian penurunan nilai (6) (135) Impairment losses
Jumlah yang ditransfer ke laba rugi Amount transferred to
sehubungan dengan perubahan profit or loss in respect of
nilai wajar (12.013) (15.987) fair value changes
Aset keuangan diukur pada nilai wajar Financial assets measured at fair
melalui penghasilan value through other
komprehensif comprehensive
lain dari entitas asosiasi – neto (7.487) 2.415 income from associate – net
Arus kas lindung nilai: Cash flow hedge:
Bagian efektif atas perubahan Effective portion on fair value
nilai wajar instrumen derivatif changes of derivative instruments
untuk lindung nilai arus kas (9.780) 2.155 for cash flow hedge
Pajak penghasilan terkait dengan Income tax related to
penghasilan komprehensif lain 29.387 (37.774) other comprehensive income
Penghasilan komprehensif lain, Other comprehensive income,
setelah pajak (121.935) 44.852 net of tax
JUMLAH LABA KOMPREHENSIF 3.057.400 3.548.734 TOTAL COMPREHENSIVE INCOME
LABA BERSIH PER SAHAM DASAR BASIC EARNINGS PER SHARE
(NILAI PENUH) 325,30 358,51 (FULL AMOUNT)
LAMPIRAN – 6/5 – SCHEDULE
768 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 771
The original supplementary financial information included herein is in the Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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)
Atribusi kepada pemilik entitas induk/Attributable to equity holders of the parent entity
Komponen ekuitas lainnya/
Other equity components
Perubahan nilai wajar atas Efek-
efek,
Obligasi Pemerintah, dan Saldo laba/
Investasi dalam saham yang Retained earnings
diukur pada nilai wajar melalui
penghasilan komprehensif lain-
neto/Changes in fair value on
Marketable securities,
Perubahan Government Perubahan nilai
ekuitas entitas Bonds, and wajar atas lindung
Tambahan modal Modal disetor asosiasi/ Investments in shares nilai arus kas-neto/
disetor/ lainnya/ Changes of measured at fair value through Changes in fair Sudah ditentukan Belum ditentukan
Modal saham/ Additional Other paid-up associate other comprehensive income- value of cashflow penggunaannya/ penggunaan-nya/ Jumlah ekuitas/
Share capital paid-up capital capital equity net hedge-net Appropriated Unappropriated*) Total equity
Saldo pada tanggal 1 Januari 2024 5.995.577 7.985.971 189 8.242 10.886 (689) 528.848 34.707.593 49.236.617 Balance as of 1January 2024
Laba bersih tahun berjalan - - - - - - - 3.179.335 3.179.335 Net income for the year
Penghasilan komprehensif lain, Other comprehensive
setelah pajak income, net of tax
Perubahan nilai wajar atas Changes in fair value of
lindung nilai arus kas-neto - - - - - (9.780) - - (9.780) cashflow hedge-net
Pengukuran kembali liabilitas imbalan Remeasurement of obligation
pasca kerja - - - - - - - 11.008 11.008 for post-employment benefits
Perubahan nilai wajar atas Changes in fair value on Marketable securities,
Efek-efek, Obligasi Pemerintah dan Investasi Government Bonds and Investments in
dalam saham yang diukur pada nilai wajar shares measured at fair value through other
melalui penghasilan komprehensif lain - neto - - - - (123.163) - - - (123.163) comprehensive income-net
Jumlah penghasilan komprehensif lain - - - - (123.163) (9.780) - 11.008 (121.935) Total other comprehensive income
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - - - (123.163) (9.780) - 3.190.343 3.057.400 for the year
Pembentukan cadangan umum
dan wajib - - - - - - 35.039 (35.039) - Appropriation for general and legal reserve
Pembagian dividen tunai - - - - - - - (1.226.385) (1.226.385) Distribution of cash dividends
Saldo pada tanggal 31 Desember 2024 5.995.577 7.985.971 189 8.242 (112.277) (10.469) 563.887 36.636.512 51.067.632 Balance as of 31 December 2024
*) Saldo laba yang tidak ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan pasca kerja *) Unappropriated retained earnings include remeasurement of obligation for post-employment benefits
PT Bank Danamon Indonesia Tbk 2024 Annual Report
LAMPIRAN – 6/6 – SCHEDULE
769
Page 772
770
The original supplementary financial information included herein is in the Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN PERUBAHAN EKUITAS STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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)
Atribusi kepada pemilik entitas induk/Attributable to equity holders of the parent entity
Komponen ekuitas lainnya/
Other equity components
Perubahan nilai wajar atas Efek-
efek,
Obligasi Pemerintah, dan Saldo laba/
Investasi dalam saham yang Retained earnings
diukur pada nilai wajar melalui
penghasilan komprehensif lain-
neto/Changes in fair value on
Marketable securities,
Perubahan Government Perubahan nilai
ekuitas entitas Bonds, and wajar atas lindung
Tambahan modal Modal disetor asosiasi/ Investments in shares nilai arus kas-neto/
disetor/ lainnya/ Changes of measured at fair value through Changes in fair Sudah ditentukan Belum ditentukan
Modal saham/ Additional Other paid-up associate other comprehensive income- value of cashflow penggunaannya/ penggunaan-nya/ Jumlah ekuitas/
PT Bank Danamon Indonesia Tbk 2024 Annual Report
Share capital paid-up capital capital equity net hedge-net Appropriated Unappropriated*) Total equity
Saldo pada tanggal 1 Januari 2023 5.995.577 7.985.971 189 8.242 (125.321) (2.844) 495.825 32.486.064 46.843.703 Balance as of 1January 2023
Laba bersih tahun berjalan - - - - - - - 3.503.882 3.503.882 Net income for the year
Penghasilan komprehensif lain, Other comprehensive
setelah pajak income, net of tax
Perubahan nilai wajar atas Changes in fair value of
lindung nilai arus kas-neto - - - - - 2.155 - - 2.155 cashflow hedge-net
Pengukuran kembali liabilitas imbalan Remeasurement of obligation
pasca kerja - - - - - - - (93.510) (93.510) for post-employment benefits
Perubahan nilai wajar atas Changes in fair value on Marketable securities,
Efek-efek, Obligasi Pemerintah, dan Investasi Government Bonds, and Investments in
dalam saham yang diukur pada nilai wajar shares measured at fair value through other
melalui penghasilan komprehensif lain - neto - - - - 136.207 - - - 136.207 comprehensive income-net
Jumlah penghasilan komprehensif lain - - - - 136.207 2.155 - (93.510) 44.852 Total other comprehensive income
Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - - - 136.207 2.155 - 3.410.372 3.548.734 for the year
Pembentukan cadangan umum
dan wajib - - - - - - 33.023 (33.023) - Appropriation for general and legal reserve
Pembagian dividen tunai - - - - - - - (1.155.820) (1.155.820) Distribution of cash dividends
Saldo pada tanggal 31 Desember 2023 5.995.577 7.985.971 189 8.242 10.886 (689) 528.848 34.707.593 49.236.617 Balance as of 31 December 2023
*) Saldo laba yang tidak ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan pasca kerja *) Unappropriated retained earnings include remeasurement of obligation for post-employment benefits
LAMPIRAN – 6/7 – SCHEDULE
Page 773
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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)
2024 2023
Arus kas dari kegiatan operasi: Cash flows from operating activities:
Pendapatan bunga, provisi, dan komisi 15.050.399 13.040.909 Interest income, fees, and commissions
Payments of interest, fees, and
Pembayaran bunga, provisi, dan komisi (6.141.770) (4.366.293) commissions
Pendapatan operasional lainnya 1.914.101 1.908.577 Other operating income
Keuntungan atas transaksi mata uang asing - Gains from foreign
neto 414.320 191.143 exchange transactions - net
Beban operasional lainnya (4.934.692) (5.567.154) Other operating expenses
Beban bukan operasional - neto (105.391) (143.667) Non-operating expenses - net
Arus kas sebelum perubahan dalam Cash flows before changes in
aset dan liabilitas operasi 6.196.967 5.063.515 operating assets and liabilities
Perubahan dalam aset dan liabilitas operasi: Changes in operating assets and liabilities:
Penurunan/(kenaikan) aset operasi: Decrease/(increase) in operating assets:
Efek-efek dan Obligasi Pemerintah - Marketable securities and
Diperdagangkan (3.005.813) (663.779) Government Bonds - trading
Securities purchased under
Efek yang dibeli dengan janji dijual kembali 598.647 3.480.309 resale agreements
Pinjaman yang diberikan (14.707.852) (24.151.438) Loans
Beban dibayar dimuka dan aset lain-lain 45.242 (1.271.270) Prepayments and other assets
Kenaikan/(penurunan) liabilitas operasi: Increase/(decrease) in operating liabilities:
Simpanan nasabah: Deposits from customers:
- Giro (7.571.499) 2.299.685 Current accounts -
- Tabungan (2.072.786) (9.568.873) Savings -
- Deposito berjangka 21.318.950 20.981.088 Time deposits -
Simpanan dari bank lain 907.050 668.409 Deposits from other banks
Beban yang masih harus dibayar
dan liabilitas lain-lain (771.955) 1.387.636 Accruals and other liabilities
Pembayaran pajak penghasilan
selama tahun berjalan (534.878) (858.908) Income tax paid during the year
Kas neto diperoleh dari/(digunakan Net cash provided from/(used by)
untuk) kegiatan operasi 402.073 (2.633.626) operating activities
Arus kas dari kegiatan investasi: Cash flows from investing activities:
Penerimaan dari efek-efek dan Obligasi Proceeds from sales of and matured
Pemerintah yang dijual dan telah jatuh tempo - marketable securities and Government Bonds
biaya perolehan diamortisasi dan nilai wajar - amortized cost and fair value through other
melalui penghasilan komprehensif lain 24.627.142 7.569.274 comprehensive income
Pembelian efek-efek dan Obligasi Pemerintah - Acquisition of marketable securities and
biaya perolehan diamortisasi dan nilai wajar Government Bonds - amortized cost and fair
melalui penghasilan komprehensif lain (32.378.923) (5.107.824) value through other comprehensive income
Pembelian aset tetap (583.033) (547.165) Acquisition of fixed assets
Hasil penjualan aset tetap 34.558 953 Proceeds from sale of fixed assets
Penerimaan hasil investasi 907.723 816.388 Receipt from investment
Pembelian investasi dalam saham (20.000) - Acquisition of investment in shares
Penerimaan dividen kas 4.294 7.720 Receipt of cash dividends
Likuidasi Entitas Anak - 143.708 Liquidation of Subsidiary
Kas neto (digunakan untuk)/diperoleh dari Net cash (used by)/provided from
kegiatan investasi (7.408.239) 2.883.054 investing activities
LAMPIRAN – 6/8 – SCHEDULE
PT Bank Danamon Indonesia Tbk 2024 Annual Report 771
Page 774
The original supplementary financial information included herein is in the
Indonesian language.
INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION
____________________________________________________________________________________________
PT BANK DANAMON INDONESIA Tbk PT BANK DANAMON INDONESIA Tbk
ENTITAS INDUK PARENT COMPANY
LAPORAN ARUS KAS STATEMENTS OF CASH FLOWS
Untuk Tahun-tahun yang Berakhir pada For the Years Ended
Tanggal 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)
2024 2023
Arus kas dari kegiatan pendanaan: Cash flows from financing activities:
Pembayaran pokok efek yang dijual dengan Payments of principal on securities sold
janji dibeli kembali (102.858.211) - under repurchase agreements
Penerimaan dari efek yang dijual dengan Proceeds from securities sold
janji dibeli kembali 107.577.100 - under repurchase agreements
Pembayaran dividen tunai (1.226.379) (1.155.913) Payments of cash dividends
Penurunan pokok liabilitas sewa (126.098) (105.966) Decrease of principal of lease liabilities
Kas neto diperoleh dari/(digunakan Net cash provided from/(used by)
untuk) kegiatan pendanaan 3.366.412 (1.261.879) financing activities
Penurunan kas dan setara kas - neto (3.639.754) (1.012.451) Decrease in cash and cash equivalents
Dampak neto perubahan nilai tukar Net effect on changes in exchange
atas kas dan setara kas 10.798 (12.701) rates on cash and cash equivalents
Kas dan setara kas pada Cash and cash equivalents at
awal tahun 17.838.986 18.864.138 beginning of the year
Cash and cash equivalents at
Kas dan setara kas pada akhir tahun 14.210.030 17.838.986 end of the year
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 2.286.078 2.233.846 Cash
Giro pada Bank Indonesia 6.382.075 5.034.595 Current accounts with Bank Indonesia
Giro pada bank lain 1.124.832 1.538.845 Current accounts with other banks
Penempatan pada bank lain dan Bank Placements with other banks and Bank
Indonesia - jatuh tempo sampai dengan Indonesia - maturing within 3 months
3 bulan sejak tanggal perolehan 4.417.045 9.031.700 from the date of acquisition
Jumlah kas dan setara kas 14.210.030 17.838.986 Total cash and cash equivalents
LAMPIRAN – 6/9 – SCHEDULE
772 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Page 775
PT Bank Danamon Indonesia Tbk 2024 Annual Report 773
Page 776
2024
2024 ANNUAL REPORT
A N N UA L- R E P O R T
with Local and Global Partners
Providing Sustainable Holistic Financial Solutions
#TumbuhBersamaDANAMONGROUP
Menara Bank Danamon
Jl. H.R. Rasuna Said, Blok C No. 10
RT 010 / RW 007
Kel. Karet, Kec. Setiabudi
Jakarta 12920, Indonesia
Hello Danamon
1-500-090
www.danamon.co.id
774 PT Bank Danamon Indonesia Tbk 2024 Annual Report
Names mentioned 211 people and organisations named in the text · linked when the evidence is strong
unresolved
org
IT Danamon Indonesia Tbk
p.2
unresolved
org
Bank Compliance Function
p.5
unresolved
org
Indonesia Stock Exchange
p.5 ×5
unresolved
org
Yayasan Pesantren
p.14
unresolved
org
Yayasan DD Republika
p.14
unresolved
org
Yayasan Darut Tauhid
p.14
unresolved
org
Bank Persepsi
p.18
unresolved
org
Bank Indonesia
p.23 ×40
unresolved
org
Bank Indonesia. The Fed
p.23
unresolved
org
Bank Index
p.24
unresolved
org
Bank Indonesia’s
p.25 ×5
unresolved
org
Financial Services Authority
p.26 ×5
unresolved
org
MUFG Innovation Partners Co. Ltd.
p.32
unresolved
person
Naoki
p.35
unresolved
person
Naoki Mizoguchi
p.35 ×4
unresolved
person
Vice
· Director
p.36
unresolved
person
Kangmasto
· President Director
p.37 ×2
unresolved
person
Prof. Dr. H. M. Din Syamsuddin
p.38 ×11
unresolved
person
Prof. Dr. Hasanudin
p.39 ×7
unresolved
person
Dr. Asep Supyadillah
p.39 ×7
unresolved
org
Bapepam
p.47 ×2
unresolved
org
Minister of Justice of Republic of Indonesia
p.47
unresolved
person
Mukti
p.47
unresolved
org
Ministry of Law of Indonesia
p.47
unresolved
org
Bank Danamon’s Articles
p.52
unresolved
org
Minister of Law and Human
p.52
unresolved
org
Bank Kopra Indonesia.
p.54
unresolved
org
Ltd.
p.54
unresolved
org
Ministry of Acquisition of Adira Finance.
p.54
unresolved
org
PT Central Park Mall.
p.55
unresolved
org
Bank Indonesia’s First Sharia
p.55
unresolved
person
H. DANANG GUNAWAN TE
p.57
unresolved
person
KHO TJHING KIAN
p.60
unresolved
org
H. GUNADHARMA Sustainability Finance
p.60
unresolved
org
Financial Planning Head
· Corporate Secretary
p.61
unresolved
person
H. WIBISONO
p.61
unresolved
org
Collaboration REZA ISKANDAR TOSHIYA SHOBAYASHI
p.63
unresolved
—
Japan. LEGAL BASIS OF APPOINTMENT Appointed
· President Commissioner
p.64 ×2
unresolved
org
Mitsubishi UFJ Financial Group. Inc
p.64
unresolved
org
Ministry of Finance
p.65
unresolved
org
Indonesia Deposit Insurance Corporation
p.65
unresolved
—
Reappointed
· Commissioner
p.66 ×11
unresolved
org
Global Commercial Banking Planning Division MUFG Bank Ltd
p.66
unresolved
org
Tokyo Mitsubishi Ltd
p.66 ×3
unresolved
—
Thailand. LEGAL BASIS OF APPOINTMENT Appointed
· Commissioner
p.67
unresolved
org
PT Home Credit Indonesia
p.67
unresolved
org
Council SHBank Finance Co., Ltd.
p.67
unresolved
org
Hatta Bank Public Company Limited
p.67
unresolved
org
Krungsri Leasing Service Co., Ltd.
p.67
unresolved
org
Ayudhya Public Company Limited
p.67
unresolved
org
Sabai Co.
p.67
unresolved
org
Bank Niaga Tbk
p.68 ×4
unresolved
org
Bank Dagang Negara
p.68
unresolved
org
Bank Pelita
p.68
unresolved
org
PT Asuransi Tokio Marine Indonesia
p.69
unresolved
org
Bank Internasional Indonesia Tbk
p.69 ×6
unresolved
org
PT Bank Barclay Indonesia
p.69
unresolved
org
ABN Amro Bank N.V.
p.69
unresolved
org
PT AIG Life
p.69
unresolved
—
LEGAL BASIS OF APPOINTMNENT Appointed
· President Director
p.70
unresolved
person
Ejima
· President Director
p.70 ×2
unresolved
org
Ministry of Finance’s International Research Department
p.70
unresolved
org
PT Bank DKI
p.71
unresolved
org
Bank International Indonesia Tbk
p.71 ×2
unresolved
org
Broadband Multimedia Tbk
p.72 ×2
unresolved
org
Bank Lippo Tbk
p.72 ×2
unresolved
org
Bank Universal
p.73
unresolved
org
Hongkong Shanghai Banking Limited
p.74
unresolved
org
Bank NV Indonesia
p.74
unresolved
org
PT HSBC Securities Indonesia
p.75
unresolved
org
Bank Ekonomi Raharja Tbk
p.75 ×2
unresolved
org
PT United Overseas Bank Bali
p.75
unresolved
org
Bank Modern Tbk.
p.75 ×2
unresolved
org
Asuransi Adira Dinamika Tbk
p.76 ×2
unresolved
org
Bank HSBC
p.77
unresolved
org
Adira Dinamika Multifinance Tbk
p.78 ×2
unresolved
org
PT. Sarana Multigriya Financial
p.80
unresolved
org
PT Trimegah Asset Management
p.80
unresolved
org
PT BNI Sharia Bank Prof. Dr. Hasanudin
p.80
unresolved
org
PT Fintek Karya Nusantara
p.81
unresolved
org
PT Asuransi Jiwa Generali Indonesia
p.81
unresolved
org
PT Capital Life Syariah
p.81
unresolved
org
Remy & Partners
p.81
unresolved
org
PT Artajasa Pembayaran Elektronis
p.82
unresolved
org
PT Mekar Prana Indah
p.82
unresolved
org
Mawar & Rekan
p.83
unresolved
person
Yasushi Itagaki
· President Commissioner
p.88 ×4
unresolved
person
Peter Benyamin Stok
· Independent Commissioner
p.88 ×8
unresolved
person
Nobuya Kawasaki
· Commissioner
p.88 ×10
unresolved
person
Harsono
· Commissioner
p.88 ×4
unresolved
org
PT Guna Dharma
p.89 ×2
unresolved
org
PT. CEALMI KHIEZT INDONESIA
p.89
unresolved
org
Bank Tiara
p.91
unresolved
org
Bank Nusantara Parahyangan Tbk
p.91 ×2
unresolved
org
Bank Duta Tbk
p.91 ×2
unresolved
org
Bank Rama Tbk
p.91 ×2
unresolved
org
Bank Tamara Tbk
p.91 ×2
unresolved
org
Bank Nusa Nasional Tbk
p.91 ×2
unresolved
org
PT Bank Pos Nusantara
p.91
unresolved
org
PT JayaBank International
p.91
unresolved
org
PT Bank Risjad Salim Internasional TIMELINE OF OTHER
p.91
unresolved
org
PT. Bank Woori Saudara
p.93
unresolved
org
PT. Bank Chinatrust
p.93
unresolved
org
PT. Zurich Asuransi Indonesia
p.93 ×3
unresolved
org
PT. Bank Woori Indonesia
p.93 ×2
unresolved
org
PT Bank Woori Saudara Indonesia
p.94
unresolved
org
PT Bank Chinatrust Indonesia
p.94
unresolved
org
FIRM PUBLIC ACCOUNTANT FIRM Liana Ramon Xenia & Rekan
p.95
unresolved
org
Deloitte Southeast Asia Limited
p.95
unresolved
person
H. Thamrin
p.95
unresolved
org
PT Fitch Ratings Indonesia Indonesia Stock Exchange Building
p.95
unresolved
org
Fitch Ratings Ltd.
p.95
unresolved
org
PT Kustodian Sentral Efek Indonesia
p.95
unresolved
org
PT Pemeringkat Efek Indonesia
p.95
unresolved
org
PT Adimitra Jasa Korpora
p.95
unresolved
person
Mala Mukti
p.95
unresolved
org
Bank International Asia
p.96
unresolved
org
Bank Credit Card
p.96
unresolved
person
Hedy Maria Helena Lapian Organizer
· Independent Commissioner
p.96 ×21
unresolved
org
Bank Wealth Management
p.96
unresolved
org
Bank Mobile Banking
p.96
unresolved
org
Bank Internet Banking Overall Excellence Awards
p.96
unresolved
org
Bank Sharia First Indonesia Magazine
p.96
unresolved
person
Awards
· President Director
p.97 ×2
unresolved
org
Pengelola Keuangan Haji
p.97
unresolved
org
Bank KBMI III
p.97
unresolved
org
Bank KBMI
p.97
unresolved
person
Meester Raden Soedja
p.570 ×2
unresolved
org
Menteri Kehakiman Republik
p.570
unresolved
org
Minister of Justice Indonesia
p.570
unresolved
org
Menteri Keuangan
p.570
unresolved
org
Minister of Finance
p.570
unresolved
org
Kementerian
p.570
unresolved
org
Ministry of Law and Human Rights
p.570
unresolved
org
PT Adira Quantum Multifinance
p.577
unresolved
person
Jimmy Tanal
· Notaris
p.577 ×3
unresolved
org
Minister of Law Daftar
p.577
unresolved
org
Menteri Hukum dan Hak
p.577
unresolved
person
Independent Vice
· Wakil Komisaris Utama
p.577 ×2
unresolved
person
Syamsuddin
· Ketua
p.578
unresolved
person
Mawar IR Napitupulu
p.578 ×4
unresolved
person
Roy Fahrizal Permana
p.579 ×2
unresolved
person
Christopher Mark Davies
p.579 ×2
unresolved
person
Yasuhiko Togo
p.579 ×2
unresolved
org
PT Asuransi Jiwa Manulife
p.692 ×5
unresolved
org
PT Asuransi Jiwa
p.692 ×3
unresolved
—
masing-masing dibawah 5%)
p.692 ×4
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