20241031_BTPN_Laporan Informasi dan Fakta Material_31751472_lamp3.pdf

by financing from the OTO Group. Credit disbursement also saw significant increases across
segments, including Joint Financing at 676% yoy, as well as micro, small, and medium enterprises
(MSMEs) at 12% yoy.

The rise in loan disbursement was matched by stable credit quality, with SMBC Indonesia’s gross
non-performing loan (NPL) ra o booked at 2.16% as of the end of September 2024. Despite an
increase from 1.47% yoy, partly due to non-performing financing (NPF) from the OTO Group,
SMBC Indonesia’s NPL ra o remained below the industry average of 2.26% as of August 2024.1

SMBC Indonesia maintained solid liquidity and funding ra os, repor ng a liquidity coverage ra o
(LCR) of 225.7% and a net stable funding ra o (NSFR) of 119.4% as of September 30, 2024. The
bank also posted a strong capital adequacy ra o (CAR) of 29.8%.

As the digital banking pioneer in Indonesia with Jenius, SMBC Indonesia remains commi ed to
advancing its digital capabili es, ensuring easy, intelligent, and secure access to financial solu ons
for tech-savvy users, along with new wealth management features on the Jenius pla orm.

Jenius recorded a 16%-yoy increase in registered users to 5.9 million by the end of September
2024. Loan disbursement (comprising Flexi Cash, Digital Micro, Jenius Credit Card, and Jenius
Paylater) saw impressive growth of 112% yoy, reaching Rp3.3 trillion from Rp 1.3 trillion.
Addi onally, third-party funds managed by Jenius grew by 11% yoy to Rp27.2 trillion.

Enhancing Stability and Economic Growth for Customer Benefit

SMBC Indonesia’s net interest margin (NIM) climbed to 6.82% as of September 2024, from 6.44%
in the same period last year. The balance of current account and savings account (CASA) increased
by 8.1% yoy to Rp38.0 trillion, with the CASA ra o rising to 33.6% as of the end of September
2024. Total deposits also saw 2.7%-yoy growth to Rp75.3 trillion, boos ng SMBC Indonesia’s total
third-party funds by 4.4%-yoy to Rp113.4 trillion.

These achievements inspire SMBC Indonesia to keep op mizing the efficiency of cost of funding,
so that it offers maximum benefit to customers across all segments through comprehensive and
relevant financial solu ons.

For January-September 2024, SMBC Indonesia posted Rp1.994 trillion in consolidated net profit
a er tax a ributable to the parent company, 4.8% lower than a year ago. This decline was
a ributed to a 45%-yoy increase in cost of credit, or by Rp863 billion, and a 27% rise in opera ng
expenses to Rp7 trillion. These expenses stemmed from business volume growth, SMBC
Indonesia's ongoing ini a ves, and credit and opera onal costs from the OTO Group to support
business expansion.

1
    (BI Rate Holds Steady at 6.00%: Sustaining Stability, Strengthening Economic Growth)

Driving Meaningful Growth through Sustainable Ini a ves

SMBC Indonesia con nues to expand impac ul ini a ves to reach more segments of society
through the Daya program, aimed at fostering more meaningful lives.

This year, SMBC Indonesia partnered with Yayasan Guru Belajar (YGB/Learning Teacher
Founda on) in the “Crea ve and Financially Savvy Teachers” or “Guru Krea f Cerdas Finansial”
program, providing digital training to over 9,000 teachers to help them enhance their skills in the
modern era.

During this program held between August and November 2024, par cipants engaged with diverse
teaching content, such as the “independent teacher” concept, design thinking, AI applica ons in
teaching material crea on, and financial literacy. By the program’s end, 175 par cipants will be
selected as “Crea ve and Financially Savvy Teachers” to become financial literacy agents of change
in the educa onal ecosystem.

A total of 7,659 Daya program ac vi es have reached 8.75 million beneficieries from January to
September 2024, represen ng a 2.4-fold increase in beneficiaries compared to the same periode
last year.

“With millions experiencing the posi ve effects across Indonesia, we will con nue to grow the
Daya program to help even more customers and communi es live a more meaningful life,”
Henoch concluded.

                                                                              ***

For further informa on, please contact:

PT Bank SMBC Indonesia Tbk
Andrie Darusman, Communica ons & Daya Head
Email: andrie.darusman@btpn.com or corporate.communica ons@btpn.com

SMBC Indonesia in brief
PT Bank SMBC Indonesia Tbk (SMBC Indonesia)—formerly PT Bank BTPN Tbk (Bank BTPN)—is a foreign exchange bank resul ng from the merger of PT Bank Tabungan
Pensiunan Nasional Tbk (BTPN) and PT Bank Sumitomo Mitsui Indonesia in February 2019. Driven by the spirit of "Do Good, Be Great," SMBC Indonesia aims to create
more meaningful growth for society through innova ve and comprehensive financial solu ons centred on mee ng customers' needs across various segments. SMBC
Indonesia provides products and services such as green financing, products and services for re red customers, for micro, small, and medium enterprise customers, for
large na onal, mul na onal, and Japanese corpora ons, wealth management services through Sinaya, as well as digital banking services for digital-savvy communi es
through Jenius. Addi onally, SMBC Indonesia has subsidiaries, including PT Bank BTPN Syariah Tbk, serving customers from produc ve underprivileged communi es, and
financing companies PT Oto Mul artha (OTO) for four-wheel vehicles and PT Summit Oto Finance (SOF) for two-wheel vehicles. SMBC Indonesia's commitment to
posi vely and sustainably impac ng the broader community is also reflected through Daya. This sustainable and measurable empowerment program offers regular
training to enhance personal capabili es and capabili es for a more meaningful life.