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PT Bank KB Bukopin Tbk
Strengthening
a Solid Business
Foundation
Annual
Report 2023
Page 2
ABOUT 2023 KB BANK
ANNUAL REPORT
Welcome to KB Bank’s 2023 Annual Report with the theme operational, marketing and financial performance; information
“Strengthening a Solid Business Foundation”. This theme about the tasks, roles and structural functions of the Company’s
was chosen based on the consideration that in 2023 one of organization that applies the concept of best practices and
KB Bank’s focuses will be to increase business growth and to corporate governance principles.
ensure that KB Bank continues to grow in the future.
Moreover, this Annual Report also aims to build understanding
The main objective of preparing this Annual Report is to increase and trust about the Bank’s KB by providing accurate,
the Company’s information disclosure to all stakeholders. KB balanced and relevant information. Shareholders and all other
Bank’s Annual Report for the financial year ending in December stakeholders can obtain adequate information regarding the
31, 2023 is published in accordance with the Company’s policies that have been and will be implemented as well as the
conditions throughout 2020 with reference to the provisions success of achieving the Bank’s KB in 2023.
contained in the Financial Services Authority Regulation
(“POJK”) No. 29/POJK.04/2016 concerning Annual Reports In accordance with applicable regulations, the 2023 Annual
of Issuers or Public Companies. Report is presented in two languages, namely Indonesian and
English, using type and size of letters that are easy to read
This 2023 Annual Report is a source of comprehensive and printed with good quality. KB Bank’s Annual Report can
documentation containing information on the Company’s be viewed and downloaded on the Company’s official website
performance for the year. This information contains complete www.kbbank.co.id.
documentation that describes the Company’s profile;
2 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 3
DISCLAIMER AND
LIMITATION OF LIABILITY
This annual report contains statements of financial
conditions, operating results, projections, plans,
strategies, policies and objectives of KB Bank,
which are classified as forward-looking statements
in the implementation of applicable laws, except for
matters of a historical nature. These statements
involve prospective risks, uncertainties, and may
cause actual developments to be materially different
from those reported.
The prospective statements in this annual report
are made based on various assumptions regarding
the current and future conditions of KB Bank as well
as the business environment in which the Company
carries out business activities. The Company does
not guarantee that the documents whose validity
has been confirmed will produce the expected
results.
This annual report contains the words “KB Bank”,
“Bank” and “Company” which are defined as PT
Bank KB Bukopin Tbk which carries out business
activities in the banking sector. The reference to
the currency unit “Rupiah”, “Rp” or IDR refers to the
official currency of the Republic of Indonesia, while
“US Dollar” or USD refers to the official currency
of the United States. All financial information is
presented in Rupiah currency in accordance with
Indonesian Financial Accounting Standards.
PT Bank KB Bukopin Tbk Annual Report 2023 3
Page 4
NOTICE REGARDING
TABLES AND GRAPHICS
The tables and graphs in this Annual Report present numerical data using standard writing
following Indonesian language rules. Numerical presentation in text uses standard Indonesian and
English rules according to context.
4 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 5
FOREWORD “STRENGTHENING A SOLID BUSINESS FOUNDATION” To achieve the 2023 target, the Company has determined strategic steps which are divided into 13 (thirteen) strategic agendas with the aim of “Becoming the First Choice Financial Institution in Indonesia”. The strategy headline for the 2023 agenda is “BISA”, a reflection of the motivation of the Company’s people to continue making changes and continuous improvements with the aim of achieving mutual victory through 4 pillars, namely Boost Sales Performance, Innovation for Turnaround, Strengthening the quality of Assets, Advanced IT & Digital. The transformation phase of KB Bank which is scheduled to continue following the dynamics of existing business development, where KB Bank is divided into 3 (three) stages according to time projections. The first phase is rebuilding the business base through quality asset growth, the second phase is that KB Bank is expected to be at a more stable stage to focus on the main business segments, namely (retail and MSMEs), and the third phase is that KB Bank is expected to be fully ready to “Become the Leading and Loved Bank in Indonesia”. PT Bank KB Bukopin Tbk Annual Report 2023 5
Page 6
THEME
CONTINUITY
1
Memperkuat
Transformasi,
Kokohkan
Sinergi
Sustainable Transformation
to be Financial Star
PT Bank KB Bukopin Tbk Laporan Tahunan
2022 PT Bank KB Bukopin Tbk Laporan Tahunan
2021
Sustainable Transformation
to be Financial Star 1 Memperkuat Transformasi, Kokohkan Sinergi
2022 2021
“Sustainable Transformation “Empowering Transformation,
To Be Financial Star” Strengthening Synergy”
In facing business climate conditions that are still full of In line with Bank KB Bukopin’s ambition to become a
uncertainty throughout 2022, Bank KB Bukopin is more major financial institution in Indonesia by 2025, Bank KB
careful in realizing its strategic role in the Indonesian Bukopin needs to improve its performance in all lines. One
banking industry. The Board of Directors together with of them is by improving the quality of business growth.
the Company’s personnel have determined strategic steps Bank KB Bukopin believes that improving the quality
which are divided into 20 (twenty) strategic agendas with of business growth is an important pillar to ensure the
the aim of “Becoming the First Choice Financial Institution in sustainability of Bank KB Bukopin in the future.
Indonesia”. This is in line with the transformation carried out
by the Bank since previous years. Various efforts that have been made throughout
2021 are outlined in the form of 12 (twelve) Strategic
Bank KB Bukopin began its transformation journey which Policies which we implemented with high commitment
began in August 2020, which was marked by the entry and consistency. The twelve Strategic Policies focus
of KB Kookmin Bank as controlling shareholder. The on retail business, strengthening liquidity, improving
transformation carried out is divided into several stages, credit quality, planning to increase capital, expanding
where in stages 1 and 2 the focus of the transformation in leading segments, developing fee-based income,
is on solving fundamental problems. Until now, the making efficiency efforts, strengthening point of sales,
transformation process is still ongoing, entering stages developing information technology, strengthening human
3 and 4 with a focus on building strong fundamentals in resources, implementing risk management and quality
preparation for good bank growth in the future. The Bank internal control as well as strengthening the role of the
will continue to carry out transformations that are centered internal control system.
on change and innovation by actively involving employees
in the process.
6 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 7
PT Bank KB Bukopin, TBK
Laporan Tahunan 2020
Menempuh Babak Baru
Memperkuat Sinergi Memperkokoh Fondasi Bisnis
dengan Optimisme
Memperkuat Sinergi
Memperkokoh Fondasi Bisnis
ran
po
La unan
Tah 2019
DEBIT CARD
N
RA
PO N
LA UNA
H
TA
PT Bank Bukopin Tbk
Kantor Pusat
Jl. MT. Haryono Kav. 50-51, Jakarta 12770
Tel : (6221) 798 8266, 798 9837
Laporan Tahunan 2019
Fax : (6221) 798 0625, 798 0238, 798 0244
PT Bank Bukopin Tbk
www.bukopin.co.id
2020 2019
“Leading New Chapter with “Strengthening Synergies,
Optimism” Strengthening Business
Foundations”
The COVID-19 virus outbreak is quickly disrupting Increasingly tight competition in the financial industry
business sectors and consumer activities globally along and the financial technology industry which has
with its health impacts. With the global and national entered a new phase, have encouraged Bank Bukopin
challenges and crises ahead, we have prepared several to establish a strategy by strengthening synergies to
strategies, both immediate and long term. Our strategic spur growth in the Retail sector.
collaboration with KB Kookmin Bank this year has
given us optimism in starting a new chapter in order to Throughout 2019, all Bank business lines with full
provide better performance and more added value for commitment and consistency worked together to
stakeholders. strengthen synergies as part of the Bank’s long-term
program. Strengthening synergies and strengthening
Despite the impact of COVID-19, in 2020, we focused on business foundations aims to ensure that the Bank has
three main things as part of our transformation process resilience in facing every development and challenge
including building strong fundamentals by strengthening of the times.
our core capabilities and expanding markets, expanding
our core business, and capturing new markets using
digital banking. With the ongoing transformation process,
we are confident and optimistic that this new chapter will
lead us to even better directions and improvements.
PT Bank KB Bukopin Tbk Annual Report 2023 7
Page 8
KEY
ACHIEVEMENTS 2023
CREDIT SEGMENT PERFORMANCE
IDR16.63 trillion IDR12.46 trillion IDR21.33 trillion
MSMEs CONSUMER COMMERCIAL
Rp49.42 Triliun
TOTAL CREDIT
FUND SEGMENT PERFORMANCE
IDR30.01 trillion IDR14.78 trillion
RETAIL COMMERCIAL
IDR44.79 Trillion
TOTAL COLLECTED FUND
TOTAL COLLECTED FUND GOOD CORPORATE
GOVERNANCE
Rp5.95 trillion
CASH AND CASH EQUIVALENTS
IDR84.31 Trillion
“Good”
ASSETS
25.80%
EQUITY
In 2023, total equity is recorded at IDR 14.11 trillion, growing 25.80% or IDR 2.89
Rank No. 2
trillion compared to total equity in 2022 of IDR 11.22 trillion In 2023, based on the findings and results of the analysis as described
above, the implementation of good corporate governance at KB Bank is
generally “Good”
17.75%
INTEREST AND
SHARIA INCOME
At the end of the 2023 financial year, the Bank’s total interest and sharia income
is recorded at IDR 4.86 trillion, an increase of IDR 733 billion compared to the
previous year’s achievement of IDR 4.13 trillion
8 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 9
KB BANK
REBRANDING
In 2024, PT Bank KB Bukopin Tbk has officially changed the Bank’s brand name and logo to KB Bank. This change also completes
the Company’s transformation journey since 2021, continuing to develop and strengthen its position as a leading and trusted
banking entity in Indonesia. However, this change does not affect the legal name of the company which remains PT Bank KB
Bukopin Tbk.
The change of brand name and logo to KB Bank is part of the Bank’s strategy which aims to strengthen branding and combine
“Korea Best” with Indonesian excellence, adhering to transparency, trust and integrity, so that it becomes a reliable partner for
solutions to banking service needs in Indonesia.
PT Bank KB Bukopin Tbk Annual Report 2023 9
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TABLE OF CONTENTS
ABOUT 2023 KB BANK ANNUAL REPORT 2 LINE OF BUSINESS 58
DISCLAIMER AND LIMITATION OF LIABILITY 3 BUSINESS NETWORK AND BANK OPERATING AREAS 63
NOTICE REGARDING TABLES AND GRAPHICS 4 BANK'S VISION, MISSION AND CULTURAL VALUES 64
FOREWORD 5 ORGANIZATION STRUCTURE 66
THEME CONTINUITY 6 PROFILE OF BOARD OF COMMISSIONERS 68
KEY ACHIEVEMENTS 2023 8 DIRECTORS PROFILE 74
TABLE OF CONTENTS 10 PROFILE OF SENIOR EXECUTIVE OFFICERS 80
1
EMPLOYEE DEMOGRAPHICS 83
Financial and
INFORMATION OF SHAREHOLDERS COMPOSITION 86
SHARE LISTING AND/OR ISSUANCE CHRONOLOGY 92
Operational Data CHRONOLOGY OF OTHER SECURITIES ISSUANCE AND/OR LISTING 96
Highlights BANK STOCK SUSPENSION 97
BANK GROUP STRUCTURE 97
KB BANK REBRANDING 9 INFORMATION OF MAJOR AND CONTROLLING SHAREHOLDERS 98
FINANCIAL HIGHLIGHTS 14 INFORMATION ABOUT SUBSIDIARIES AND ASSOCIATED ENTITIES 98
OPERATIONAL REVIEW 20 CAPITAL MARKET SUPPORTING INSTITUTIONS AND PROFESSIONS 100
SHARE HIGHLIGHTS 21 AWARDS AND CERTIFICATION 102
CORPORATE ACTIONS LEADING TO CHANGES IN STOCK 22 INFORMATION ON THE BANK WEBSITE 102
SUSPENSION OF STOCK TRADING AND/OR DELISTING 22 EDUCATION AND/OR TRAINING OF THE BOARD OF 105
INFORMATION REGARDING BONDS, COMMISSIONERS, BOARD OF DIRECTORS, COMMITTEES,
CORPORATE SECRETARY AND INTERNAL AUDIT WORK UNIT
SUKUK OR CONVERTIBLE BOND REMAINING IN CIRCULATION 24
2
GENERAL OVERVIEW 118
4
Management
Laporan Analysis and
Manajemen Discussion
of Company
Performance
IMPORTANT EVENTS 26
OPERATIONAL OVERVIEW PER BUSINESS SEGMENT 124
REPORT OF THE BOARD OF COMMISSIONERS 33
REVENUE, PROFITABILITY AND FINANCIAL POSITION OF 143
REPORT OF THE BOARD OF DIRECTORS 39 OPERATING SEGMENTS
ANNUAL REPORT ACCOUNTABILITY 46 REVENUE, PROFITABILITY AND FINANCIAL POSITION OF 145
GEOGRAPHIC SEGMENTS
ANNUAL REPORT ACCOUNTABILITY 47
3
FINANCIAL REVIEW 147
CAPACITY TO PAY DEBT AND LEVEL OF ACCOUNTS RECEIVABLE 157
COLLECTABILITY
Profil FINANCIAL RATIOS 160
Perushaan 162
CAPITAL STRUCTURE AND MANAGEMENT POLICY ON CAPITAL
STRUCTURE
IKATAN YANG MATERIAL TERKAIT INVESTASI BARANG MODAL 165
REALIZATION OF CAPITAL GOODS INVESTMENT 166
BANK IDENTITY 50 MATERIAL INFORMATION AND FACTS THAT OCCUR AFTER THE 167
DATE OF THE ACCOUNTANT'S REPORT
BRIEF HISTORY OF THE BANK 51
BUSINESS PROSPECT 168
CERTIFICATE OF CHANGE OF NAME AND STATUS OF LEGAL ENTITY 53
TARGET ACHIEVEMENTS WITH REALIZATION AND PROJECTIONS 170
MILESTONES 54 FOR THE NEXT YEAR
MEMBERSHIP IN ASSOCIATION 56
INFORMATION BEHIND THE BANK’S LOGO 57
10 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 11
MARKETING ASPECT 171
BOARD OF DIRECTORS 349
DIVIDEND POLICY AND DISTRIBUTION 173
SECRETARY TO THE BOARD OF COMMISSIONERS 373
INFORMATION ABOUT THE SHARE OWNERSHIP PROGRAM BY 174
EMPLOYEES AND/OR MANAGEMENT (ESOP/MSOP) AUDIT COMMITTEE 375
INFORMATION REGARDING THE REALIZATION OF USE OF PUBLIC 175
OFFERING PROCEEDS
REMUNERATION AND NOMINATION COMMITTEE 383
MATERIAL INFORMATION REGARDING INVESTMENT, EXPANSION, 177
RISK MONITORING COMMITTEE 389
DIVESTMENT, BUSINESS MERGER, ACQUISITION, AND/OR DEBT/
CAPITAL RESTRUCTURING COMMITTEE FOR INTEGRATED GOVERNANCE, FINANCIAL 395
CONGLOMERATION
INFORMATION ON MATERIAL TRANSACTIONS CONTAINING 178
CONFLICTS OF INTEREST AND/OR TRANSACTIONS WITH COMMITTEES UNDER THE BOARD OF DIRECTORS 398
AFFILIATED PARTIES/RELATED PARTIES
CORPORATE SECRETARY 404
CHANGES IN LEGISLATION THAT HAVE A SIGNIFICANT INFLUENCE 182
ON THE COMPANY INTERNAL AUDIT WORK UNIT 411
CHANGES IN ACCOUNTING POLICIES AND THEIR IMPACT ON THE 182 PUBLIC ACCOUNTANT 417
COMPANY
RISK MANAGEMENT 419
COMMITMENTS AND CONTINGENCIES 183
INTERNAL CONTROL SYSTEM 432
DERIVATIVES AND HEDGING FACILITIES 185
COMPLIANCE FUNCTION 434
COMPANY HEALTH LEVEL 186
ANTI MONEY LAUNDERING, COUNTER TERRORISM FINANCING, 438
MATTERS THAT HAVE THE POTENTIAL TO HAVE A SIGNIFICANT 187 AND COUNTER PROLIFERATION FINANCING OF WEAPONS OF MASS
IMPACT ON BUSINESS CONTINUITY DESTRUCTION (AML, CFT AND CPF)
TAX ASPECTS 188 LEGAL ISSUES/LITIGATION FOR COMPANIES AND SUBSIDIARIES 440
IMPACT OF CHANGES IN INTEREST RATES ON BANK PERFORMANCE 189 IMPORTANT CASES 441
PROHIBITIONS, LIMITATIONS AND/OR SIGNIFICANT OBSTACLES TO 190 ACCESS TO CORPORATE INFORMATION AND DATA 444
TRANSFERRING FUNDS BETWEEN BANKS AND OTHER ENTITIES IN A
BUSINESS GROUP CODE OF CONDUCT 446
PERFORMANCE OF SUBSIDIARIES 191 ANTI-CORRUPTION POLICY AND ITS OUTREACH 448
RISK EXPOSURE AND CAPITAL PUBLISHED REPORTS 192 GRATIFICATION CONTROL 448
5
TRANSPARENCY OF THE COMPANY'S FINANCIAL AND NON- 449
FINANCIAL CONDITIONS
Business BUYBACK (BUYBACK) OF KB BANK SHARES AND BONDS 449
Support PROVIDING FUNDS FOR SOCIAL AND POLITICAL ACTIVITIES 450
Functions 450
PROVISION OF FUNDS TO RELATED PARTIES
CUSTOMER PROTECTION, ANTI FRAUD AND WHISTLEBLOWING 451
SYSTEM
BANK CAPITAL STRUCTURE AND APPLICATION OF RISK 210
TRANSPARENCY OF BAD GOVERNANCE PRACTICES 459
MANAGEMENT
KB BANK GOOD CORPORATE GOVERNANCE IMPLEMENTATION 460
REPORT FOR 2023
GOVERNANCE OF HUMAN CAPITAL 290
6 7
Corporate Social
Good Corporate Responsibility
Gavenance Governance
HUMAN CAPITAL MANAGEMENT ORGANIZATIONAL STRUCTURE 292
CORPORATE SOCIAL RESPONSIBILITY GOVERNANCE 468
8
INFORMATION TECHNOLOGY GOVERNANCE 299
DEVELOPMENT OF THE GOOD CORPORATE GOVERNANCE 308
PRINCIPLES IMPLEMENTATION
Financial
Report
GENERAL MEETING OF SHAREHOLDERS 323
BOARD OF COMMISSIONERS 337
INDEPENDENT COMMISSIONER 345
PT Bank KB Bukopin Tbk Annual Report 2023 11
Page 12
1 Financial and Operational Data Highlights 12 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 13
PT Bank KB Bukopin Tbk Annual Report 2023 13
Page 14
Financial and Operational Data Highlights
FINANCIAL
HIGHLIGHTS
CONSOLIDATED STATEMENT OF PROFIT (LOSS)
AND OTHER COMPREHENSIVE INCOME
(Presented in millions of Rupiah, unless stated otherwise)
Description 2023 2022 2021
Income and Expense from Operations
Interest and Sharia Income
Interest Income 4.374.694 3.721.413 3.919.306
Sharia Income 486.942 407.257 298.309
Total Interest and Sharia Income 4.861.636 4.128.670 4.217.615
Interest and Sharia Expenses
Interest Expenses (3.746.710) (2.828.375) (3.169.293)
Sharia Expenses (306.044) (250.792) (218.805)
Total Interest and Sharia Expenses (4.052.754) (3.079.167) (3.388.098)
Interest Income and Sharia – Net 808.882 1.049.503 829.517
Other Operating Income
Other provisions and commissions 333.732 323.340 419.959
Profit from the sales of marketable securities – net (8.899) 13.082 19.498
Gain on Foreign Exchange – net 29.265 31.815 (423.525)
Others 102.429 131.272 135.233
Total Other Operating Income 456.527 499.509 151.165
Provision of Allowance for Impairment Losses on Financial Assets – (5.537.792) (3.948.482) (1.051.148)
Net
Provision of Allowance for Impairment Losses on Non-Financial Assets (269.055) (81.325) (95.606)
– Net
Gain (Loss) from Foreign Exchange Transactions – Net 5.235 (1.919) 107.115
Recovery from losses on commitments and contingencies – net 1.999 (2.272) 24.968
Gain (Loss) from changes in fair value of financial assets 155.384 (147.542) (12.683)
Other Operating expenses
General and Administration (1.371.594) (1.571.018) (1.858.758)
Salary and Allowance (809.976) (734.432) (1.105.054)
Premium of Government Guarantee Program (98.812) (118.790) (79.537)
Total Other Operating Expenses (2.280.382) (2.424.240) (3.043.349)
Operating income (loss) (6.659.202) (5.056.768) (3.090.021)
Non-Operating Income (Expense) – Net (128.185) (88.888) (54.004)
Income Before Tax Expense (6.787.387) (5.145.656) (3.144.025)
Income Tax Benefit (Expense) – net
- Present - - (525)
- Last Year Tax Adjustment - - -
- Deffered 731.684 113.152 842.271
Total Income Tax Benefit (Expense) – net 731.684 113.152 841.746
Income (Loss) for the Year (6.055.703) (5.032.504) (2.302.279)
Other Comprehensive Income:
14 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 15
(Presented in millions of Rupiah, unless stated otherwise)
Description 2023 2022 2021
Items that would never be reclassified to profit or loss:
Remeasurement of loss on a defined benefit program 8.640 25.736 12.747
Changes in fixed assets revaluation surplus (1.756) 77.837 17.211
Income tax related to items that would never reclassified to profit or (1.900) (5.663) 12.117
loss
Items that would be reclassified to profit or loss:
Changes in the fair value of available for sale marketable securities 6.330 (70.134) (18.398)
and fair value through other comprehensive income
Income tax related to items that would never be reclassified to profit (1.392) 15.429 (20.542)
or loss
Other Comprehensive Income – Net 9.922 43.205 3.135
Total Comprehensive Income (Loss) for the Year (6.045.781) (4.989.299) (2.299.144)
Income (Loss) for the Year Attributable to:
- Equity Holders of the Parent Entity (6.024.463) (4.984.356) (2.279.110)
- Non-controlling interests (21.318) (4.943) (20.034)
(6.045.781) (4.989.299) (2.299.144)
Comprehensive Income (Loss) for the Year Attributable to:
- Equity Holders of the Parent Entity (6.024.463) (4.984.356) (2.279.110)
- Non-controlling interests (21.318) (4.943) (20.034)
(6.045.781) (4.989.299) (2.299.144)
Profit per Share
- Basic/diluted (full amount) (61) (74) (34)
Income for the year attributable to equity holders the parent entity (6.034.077) (5.027.460) (2.282.245)
Weighted Average Number of Basic Share 98.277.584.070 67.887.540.178 67.887.540.178
PT Bank KB Bukopin Tbk Annual Report 2023 15
Page 16
Financial and Operational Data Highlights
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(Presented in millions of Rupiah, unless stated otherwise)
31 December 31 December 31 December
Description
2023 2022 2021
Assets
Cash 289.184 524.320 472.213
Current Account with Bank Indonesia 3.205.619 4.140.431 2.148.831
Current Account in Other Banks 342.881 744.059 1.397.457
Deducted: Allowance for Impairment Losses (300) (89) (370)
Current Account with Other Banks – Net 342.581 743.970 1.397.087
Placement in Bank Indonesia and other Banks 2.133.567 12.180.830 12.441.918
Deducted: Allowance for Impairment Losses - - -
Placement in Bank Indonesia and Other Banks - Net 2.133.567 12.180.830 12.441.918
Securities – Net
Trading/Measured at fair value through profit or loss 5.322.930 3.362.099 1.512.903
Available for sale/Measured at fair value through other 3.067.387 588.835 1.521.457
comprehensive income
Held to maturity/Measured at amortized cost 9.145.932 8.059.020 5.248.704
17.536.249 12.009.954 8.283.064
Deducted: Allowance for Impairment Losses (109) (76) (125)
Marketable Securities – net 17.536.140 12.009.878 8.282.939
Marketable securities receivables with agreement for resale 2.572.152 - 110.400
Deducted: Allowance for Impairment Losses - - -
Marketable securities receivables with agreement for resale - net 2.572.152 - 110.400
Marketable securities receivables with agreement for resale (repo) - -
Deducted: Allowance for Impairment Losses - - -
Marketable securities receivables with agreement for resale (repo) - - - -
net
Derivative Receivables 3.040 9.254 9.898
Loans and sharia financing/receivables 49.418.616 50.583.434 58.512.087
Deducted: Allowance for Impairment Losses (3.582.834) (1.626.676) (4.661.814)
Loans and sharia financing/receivables – net 45.835.782 48.956.758 53.850.273
Acceptance Receivables 130.964 17.135 5.352
Investment in share 15 15 15
Fix asset and use right assets 4.646.734 4.686.955 4.808.776
Deducted: depreciation accumulation (1.413.059) (1.290.753) (1.311.446)
Fixed assets and right of use – Net 3.233.675 3.396.202 3.497.330
Deferred Tax Assets – Net 2.670.543 1.942.151 1.819.232
Intangible Assets 635.815 485.049 484.944
Deducted: amortization and depreciation accumulation (350.230) (283.055) (282.748)
Intangible Assets – Net 285.585 201.994 202.196
Other Assets – Net 6.068.453 5.872.414 4.977.990
Total Assets 84.307.300 89.995.352 89.215.674
LIABILITY AND EQUITY
Liabilities
Liabilities immediately payable 431.402 388.522 289.291
16 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 17
(Presented in millions of Rupiah, unless stated otherwise)
31 December 31 December 31 December
Description
2023 2022 2021
Deposits from Customers 44.789.143 51.962.370 55.822.776
Current Account 3.177.648 3.577.927 3.314.752
Savings 6.873.184 6.955.784 8.796.917
Deposits 34.738.311 41.428.659 43.711.107
Deposits from other Banks 7.886.721 10.381.375 9.652.068
Current account and Savings 37.021 112.385 131.805
Timed Deposits and Interbank call money 7.849.700 10.268.990 9.520.263
Marketable securities sold with agreements to repurchase – net 219.631 - 2.399.726
Derivative Payables 808 12.259 11.056
Acceptance Payables 132.577 17.346 5.418
Borrowings 11.704.492 11.200.131 2.426.241
Marketable securities issued 3.397.588 3.392.718 3.787.708
Taxes Payables 64.635 56.496 42.163
Other Liabilities 1.570.140 1.367.530 1.573.323
Total Liabilities 70.197.137 78.778.747 76.009.770
Equity
Equity attributed to the Equity Holders of the Parent Entity
Issued and fully paid capital 19.000.000 7.000.000 7.000.000
Additional Paid-in Capital 8.225.767 8.286.428 8.286.428
Capital paid in advance - 3.000.000 -
Asset revaluation surplus 1.603.893 1.605.649 1.527.812
Unrealized gain (loss) on available-for-sale securities and fair value 7.563 2.625 57.330
through other comprehensive income - after deferred tax
Retained earning
The use has been determined - - -
The use has not been determined (14.700.914) (8.673.269) (3.665.882)
Sub Total 14.136.309 11.221.433 13.205.688
Non-Controlling Interests (26.146) (4.828) 216
Total Equity 14.110.163 11.216.605 13.205.904
Total Equity and Liabilities 84.307.300 89.995.352 89.215.674
Total Assets Total Liabilities Total Equity
(IDR million) (IDR million) (IDR million)
89.995.352
76.009.770
13.205.904
89.215.674
84.307.300
78.778.747
11.216.605
70.197.137
14.110.163
2021 2022 2023 2021 2022 2023 2021 2022 2023
PT Bank KB Bukopin Tbk Annual Report 2023 17
Page 18
Financial and Operational Data Highlights
FINANCIAL RATION AND OTHER IMPORTANT RATIO
In %
31 December 31 December 31 December
Description
2023 2022 2021
Capital
CAR by calculating credit risk 28,50% 20,13% 22,11%
CAR by calculating credit risk and market risk 28,37% 20,01% 21,79%
CAR by calculating credit risk and operating risk 27,17% 19,19% 20,53%
CAR by calculating credit risk, market risk and operating risk 27,05% 19,08% 20,26%
Fixed Assets – Net to Main Capital 38,51% 55,45% 34,64%
Productive Assets
Non Performing Earning Assets and Non Earning Assets to Total 6,37% 6,92% 10,79%
Earning Assets and Non Earning Assets
Non-performing Assets to Total Earning Assets Ratio 6,27% 4,09% 8,75%
Allowance for Impairment Losses (CKPN) of Financial Assets to 4,80% 1,93% 6,35%
Productive Assets
Non-perfoming credit to loans ratio - gross 9,56% 6,56% 10,66%
Non-perfoming credit to loans ratio - gross 4,87% 4,84% 4,91%
Profitability
Return on assets (ROA) -7,71% -6,27% -4,93%
Return on equity (ROE) -61,38% -82,58% -36,01%
Net interest income margin (NIM) 0,78% 1,17% 1,00%
Ratio of operating expenses to operating income (BOPO) 223,24% 226,22% 171,20%
Profit (Loss) to income ratio -124,56% -121,89% -54,59%
Profit (Loss) to total assets ratio -7,18% -5,59% -2,58%
Profit (Loss) to total equity ratio -42,92% -44,87% -17,43%
Liabilities to total assets ratio 83,26% 87,54% 85,20%
Liabilities to total equity ratio 497,49% 702,34% 575,57%
Liquidity
The ratio of the credit amount to the number of customer deposits 113,18% 98,48% 106,46%
(LDR)
Compliance
Percentage of LLL violation
Related parties - - -
Unrelated parties - - -
Percentage of exceeding LLL
Related parties - - -
Unrelated parties* - - -
Minimum Statutory Reserve in Rupiah
Main Rupiah Minimum Statutory Reserves
Daily Minimum Statutory Reserves 7,05% 8,53% 3,50%
Average Minimum Statutory Reserves 7,37% 8,53% 3,52%
Macroprudential Liquidity Buffer d/h Secondary MRR 35,08% 13,87% 15,80%
Foreign Currency Conventional MSR 4,02% 4,02% 4,01%
Net Open Position (NOP) 1,62% 1,59% 0,82%
18 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 19
In %
31 December 31 December 31 December
Description
2023 2022 2021
Growth
Asset growth ratio -6,32% 0,87% 11,61%
Liability growth ratio -10,89% 3,64% 6,35%
Equity growth ratio 25,80% -15,06% 55,98%
Interest and sharia income growth ratio – net -22,93% 26,52% 39,76%
Other operating income growth ratio -8,60% 230,44% -85,33%
Other operating expense ratio -5,93% -20,34% 8,70%
Operating profit growth ratio 31,69% 63,65% -21,79%
Net profit growth ratio 20,33% 118,59% -29,34%
*)as of December 31, 2020 there was an excess of the Legal Lending Limit (LLL) related to credit guarantee due to the implementation of Risk Management techniques Credit. The
excess of the LLL is the impact of Core Capital decline experienced by the Bank. Exceeding the LLL has been resolved in accordance with the Bank Letter No. 04380/DIR/III/2021 dated
March 8, 2020.
ROA ROE
% %
2021 2022 2023 2021 2022 2023
-4,93%
-6,27%
-7,71%
-36,01%
-82,58%
-61,38%
NIM BOPO
% %
223,28%
226,22%
171,20%
0,78%
1,00%
1,17%
2021 2022 2023 2021 2022 2023
PT Bank KB Bukopin Tbk Annual Report 2023 19
Page 20
Financial and Operational Data Highlights
OPERATIONAL
REVIEW
CREDIT SEGMENT
(Presented in billions of Rupiah, unless stated otherwise)
December 31 December 31 December 31
Description
2023 2022 2021
MSMEs 15.633 18.397 26.400
Consumer 12.458 13.474 13.467
Commercial 21.328 18.712 18.645
TOTAL 49.419 50.583 58.512
FUND SEGMENT
(Presented in billions of Rupiah, unless stated otherwise)
December 31 December 31 December 31
Description
2023 2022 2021
Retail 30.008 37.889 39.439
Commecial 14.781 14.074 16.383
TOTAL 44.789 51.962 55.823
FEE BASED SEGMENT
(Presented in billions of Rupiah, unless stated otherwise)
December 31 December 31 December 31
Description
2023 2022 2021
Public Service 83 137 147
E-Channel 20 20 24
Credit Card & Merchant 38 50 63
Trade Finance 8 7 6
Bank Guarantee 8 16 21
Others 280 224 255
TOTAL 436 453 516
20 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 21
SHARE
HIGHLIGHTS
KB BANK SHARE TRANSACTIONS 2022-2023
Price per Share (IDR) Capitalization
Transactions
In Circulation Market
2023 (in Thousands of
Highest Lowest Closing (in Stock Sheet) Closing
Units)
(IDR Million)
Quarter IV 94 72 80 187.887.539.870 80.093.237 15.415.763
Quarter III 115 92 93 187.887.539.870 91.718.590 18.910.018
Quarter II 118 92 102 187.887.539.870 134.682.092 19.001.981
Quarter I 140 100 110 67.887.540.178 143.075.624 7.899.044
Price per Share (IDR) Capitalization
Transactions
In Circulation Market
2022 (in Thousands of
Highest Lowest Closing (in Stock Sheet) Closing
Units)
(IDR Million)
Quarter IV 167 98 102 67.887.540.178 5.423.588 8.282.280
Quarter III 216 160 163 67.887.540.178 6.686.358 12.174.499
Quarter II 248 179 181 67.887.540.178 5.673.660 13.600.137
Quarter I 302 228 246 67.887.540.178 9.409.990 17.831.794
2022 2023
246
110
102
163
181 93
102
134.682.092
143.075.624
80
80.093.237
9.409.990
91.718.590
5.423.588
6.686.358
5.673.660
Triwulan Triwulan Triwulan Triwulan Triwulan Triwulan Triwulan Triwulan
IV III II I IV III II I
Volume Transaksi Harga Saham Volume Transaksi Harga Saham
PT Bank KB Bukopin Tbk Annual Report 2023 21
Page 22
Financial and Operational Data Highlights CORPORATE ACTIONS LEADING TO CHANGES IN STOCK In 2023, the Bank has submitted a Registration Statement in connection with Limited Public Offering VII (PUT VII) in the context of disclosing Pre-emptive Rights (HMETD) to the Financial Services Authority (OJK) in Jakarta with letter No. 02441/DIR/II/2023 dated February 10, 2023. The Bank has obtained approval regarding the PUT VII plan as stated in the Deed of Meeting Decision Statement No. 109 dated November 30, 2022, made before Aulia Taufani, S.H., Notary in the Administrative City of South Jakarta (Deed No. 109/ 2022), which essentially approved the Bank’s plan to carry out PUT VII by granting Pre-emptive Rights, by issuing class B shares up to a maximum of 120,000,000,000 shares with a nominal value of IDR 100,- per share. The Bank conducted PUT VII in order to issue HMETD to the Bank’s shareholders for a maximum of 119,999,999,692 class B shares with a nominal value of IDR 100 per share offered through Capital Increase with Pre-emptive Rights (PMHMETD). HMETD was announced to registered Bank shareholders on May 17, 2023 where each owner of 100,000,000 old shares of the Bank received 176,762,922 HMETD. Every 1 (one) HMETD can be used to purchase 1 (one) class B share by paying an exercise price of IDR 100 per share. Thus, the Bank obtained funds amounting to IDR 11,999,999,969,200.-. After PUT VII, the number of shares listed by the Bank on the IDX is a maximum of 186,008,664,458 shares or representing 99.00% of the total issued and fully paid-up capital of the Bank after PUT VII and a maximum of 1,878,875,412 shares or representing 1.00 % of Bank shares that are not listed. The Bank has fulfilled its obligation not to list shares on the IDX of at least 1.00% of all shares issued to the Bank as required in PP No. 29/1999 and Article 39 paragraph (2) POJK no. 41/POJK.03/2019 concerning Merger, Consolidation, Takeover, Integration and Conversion of Commercial Banks (POJK No. 41/2019). SUSPENSION OF STOCK TRADING AND/OR DELISTING INFORMATION REGARDING BONDS Until December 31, 2023, the Bank has never been subject to sanctions that could affect share trading activities on the Stock Exchange where the Bank lists shares and trades shares, whether temporary suspension of share trading (suspension) and/or cancellation of share listing (delisting). Thus, there is no information regarding the impact of the temporary suspension of share trading (suspension) and/or cancellation of share listing (delisting), which can be presented in this Annual Report. 22 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 23
PT Bank KB Bukopin Tbk Annual Report 2023 23
Page 24
Financial and Operational Data Highlights
INFORMATION REGARDING BONDS,
SUKUK OR CONVERTIBLE BOND
REMAINING IN CIRCULATION
DETAILS OF BONDS ISSUED BY THE BANK AND STILL IN CIRCULATION
Issuer Name Exchange Name Issuance Date Tenor Currency
Bank Bukopin Sustainable Subordinated Indonesia Stock February 28, 2017 84 Rp
Bonds II Phase II 2017 Exchane
Bank KB Bukopin Sustainable Senior Bonds I Indonesia Stock September 9, 2021 36 Rp
Phase I 2021 Exchane
KB Bukopin Bank III Sustainable Indonesia Stock September 9, 2021 60 Rp
Subordinated Bonds Phase I 2021 Series A Exchane
Bank KB Bukopin Sustainable Subordinated Indonesia Stock September 9, 2021 84 Rp
Bonds III Phase I 2021 Series B Exchane
INFORMATION ON OTHER FUNDING SOURCES
In 2023, the Bank will not issue Medium Term Notes (MTN) or other forms of debt funding. Thus, there is no information regarding
other funding sources in this Annual Report.
24 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 25
Rating Status until
Value
Maturity Rate Maturity Rate Trustee December 31,
(million)
2023 2022 2023
1.405.000 February 28, 2024 11% idAA idA- (Pefindo) PT Bank Mandiri Outstanding
(PEFINDO) (Persero) Tbk
1.000.000 September 9, 6,25% AAA(idn) idAAA (Fitch PT Bank Mandiri Outstanding
2024 Fitch Rating Rating) (Persero) Tbk
315.000 September 9, 8% AA(idn) idAA (Pefindo) PT Bank Mandiri Outstanding
2026 Fitch Rating (Persero) Tbk
685.000 September 9, 8,9% AA(idn) idAA (Pefindo) PT Bank Mandiri Outstanding
2028 Fitch Rating. (Persero) Tbk
PT Bank KB Bukopin Tbk Annual Report 2023 25
Page 26
Financial and Operational Data Highlights
IMPORTANT
EVENTS
JANUARY 2023 JANUARY 2023 FEBRUARI 2023
KB Bank is Ready to Implement New Equipped with a chip, Fuel Card 3.0
Ready for Rights Issue, KB Bank Will Soon
Generation Bank System Like Kookmin Bukopion specifically for buying
Be Upgraded
Bank Korea guaranteed safer diesel fuel
KB Bank stated its seriousness in transforming to KB Bank has implemented the purchase of diesel PT Bank KB Bukopin Tbk. (BBKP) stated that it
build information technology. This is in line with fuel at Batam gas stations using Fuel Card 3.0 was ready to hold a limited public offering (PUT)
parent KB Financial Group Inc (KBFG), which is from KB Bank, which has been implemented. In its VII through a rights issue scheme by issuing up
known as a retail bank with its strong robotic first trial at the Madani Roundabout gas station, to 120 billion new shares. PUT is one of the
systems and digital operations. So, without having Batam Center, transactions using a Fuel Card strategies implemented by the Bank to achieve
to become a digital bank, the largest bank in were more practical and faster. better performance from year to year, through
South Korea also wants KB Bank to be ready to additional capital. This is certainly one of the
implement the New Generation Bank System like important and strategic things in developing
Kookmin Bank Korea. future business so that the Bank is able to
integrate future business steps.
FEBRUARY 2023 MARCH 2023 MARCH 2023
Sinarmas Asset Management Collaborates
Collaboration between KB Bank and UOB Pioneering The Digital Kur Systems, Bank
with KB Bank, Expands Access to Mutual
AM to Present Mutual Funds KB Bank Joins With PT Inti Persero
Fund Investments
PT Bank KB Bukopin Tbk announced a PT Bank KB Bukopin Tbk (BBKP) and PT UOB PT Bank KB Bukopin Tbk (“KB Bank”) was again
strategic collaboration with PT Sinarmas Asset Asset Management Indonesia (UOBAM Indonesia) realized through collaboration with PT Industri
Management (Sinarmas AM). Sinarmas AM is collaborate in providing mutual fund investment Telekomunikasi Indonesia - Persero (“PT INTI”).
one of the largest investment managers in instruments. Through this collaboration, KB Bank The collaboration is carried out in the form of
Indonesia which provides quality and trusted customers can purchase UOBAM Indonesia distributing People’s Business Credit (“KUR”) to
financial services, in order to provide investment mutual fund products through KB Bank branch MSME players, especially farmers, using digital
solutions to the public. offices. media (Marketplace) through the Blockchain
service platform which is an original domestic
product.
26 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 27
MARCH 2023 April 2023 APRIL 2023
KB Bank Establishes Collaboration with PT KB Bank Collaborates with Sinarmas KB Bank Earns Net Interest Income of IDR
Inka Multi Solusi Land’s ‘Smart Move’ 1.04 Trillion in 2022
Jakarta, March 2, 2023 – PT Bank KB Bukopin KB Bank has officially become one of the banks PT Bank KB Bukopin Tbk. (BBKP) KB Bank
Tbk (“KB Bank”) continues to strengthen strategic that has collaborated with Sinarmas Land in succeeded in posting net interest income
partnerships with State-Owned Enterprises facilitating and simplifying home ownership (NII) of IDR 1.04 trillion in 2022, growing 26.51
(BUMN) and their subsidiaries in order to face financing for the community through the ‘Smart percent annually (year-on-year/yoy). Based on
increasingly complex future challenges. KB Bank Move’ program. the financial report, quoted Monday (10/4/2023),
has officially collaborated with PT INKA Multi the growth in the company’s net interest income
Solusi (“PT IMS”) for the train, pertashop and EV was driven by a decrease in interest expenses of
bus ordering project. 9.11 percent yoy to IDR 3.07 trillion. In this way,
BBKP recorded an increase in net interest margin
(NIM) of 17 basis points (bps) to 1.17 percent as
of December 31, 2022.
MAY 2023 JUNE 2023 JUNE 2023
Increasingly Strengthening Investment
Partnership between KB Bank and Indika
in Indonesia, KB Bank Bank Maintains Holding AGMS, KB Bank Shows Solid
Energy, for the development of electric
Ownership as Controlling Shareholder in Performance Growth Throughout 2022
vehicles in Indonesia
KB Bank (BBKP) Through a Rights Issue
Jakarta, May 11, 2023 PT Bank KB Bukopin Foreign Investors Buy Majority of New Shares Jakarta, June 30, 2023 PT Bank KB Bukopin Tbk
Tbk and PT Indika Energy are collaborating in in BBKP Rights Issue. Jakarta, June 2, 2023 KB Bank successfully held the Annual General
developing the electric vehicle (EV) ecosystem Bank KB Kookmin strengthens investment in Meeting of Shareholders (AGMS) for the 2022
in Indonesia. The collaboration contained in this Indonesia by maintaining share ownership in PT Financial Year. The meeting was attended by
Memorandum of Understanding (MoU) aims to Bank KB Bukopin, Tbk (BBKP) at around 67% shareholders and/or their proxies. KB Bank
support Indonesia in encouraging sustainable through a rights issue which was completed succeeded in achieving solid performance growth
transportation and to further increase the on May 31, 2023. In raising funds worth IDR 11, throughout 2022 through a consistent business
country’s efforts to reduce its carbon footprint 99 trillion raised by KB Bank through this rights strategy for potential segments and a digital
through ESG Financing. issue, KB Kookmin injected IDR 8.02 trillion to optimization process.
buy around 80.2 billion of newly issued shares.
This rights issue is held in accordance with the
provisions of the Indonesian capital market, so
that all shareholders are given a fair and equal
opportunity to purchase the newly issued shares
so that the value of their share ownership in KB
Bank remains the same, or not diluted.
PT Bank KB Bukopin Tbk Annual Report 2023 27
Page 28
Financial and Operational Data Highlights
JULY 2023 AUGUST 2023 SEPTEMBER 2023
KBstar’, All-in-One Mobile Banking
KB Bank Wins 3 GRC Awards & KB Bank Receives 3 Awards at GRC &
Presented by KB Bank, These Are the
Performance Excellence Awards 2023 Performance Excellence Awards 2023
Advantages!
Jakarta, August 31, 2023 - PT Bank KB Bukopin KB Bank won 3 (three) prestigious awards at the Jakarta, 22 September 2023 - PT Bank KB
Tbk (BBKP) successfully won 3 (three) prestigious GRC and Performance Excellence Award 2023, Bukopin Tbk is increasingly focused on driving
awards at the 2023 GRC and Performance as an appreciation for the implementation of digital transformation with a series of service
Excellence Award, as an appreciation for Governance, Risk and Compliance (GRC) that innovations. This is a form of KB Bank’s
the implementation of Governance, Risk has been implemented by the company. The consistency in continuing to provide the best
and Compliance (GRC) that the company appreciation is a recognition of the company’s service for customers. For this reason, as part
has implemented. This appreciation is an commitment in improving the supervision of of the service innovation, KB Bank launched
acknowledgment of the company’s commitment business and operational processes, in order to Mobile Banking ‘KBstar’ to meet customers’ digital
to improving supervision of business and maintain good corporate governance. banking service needs.
operational processes, in order to maintain good
corporate governance
SEPTEMBER 2023 OCTOBER 2023 OCTOBER 2023
Celebrating National Customer Day, KB Commitment to Implementing ESG, KB Impressive Success! KB Bank Distributes
Bank Gives SMTOWN LIVE 2023 Concert Bank Distributes IDR 309 Billion Green Hyundai Car Pre-Order Financing in
Tickets to Customers Credit to Indika Energy Subsidiaries Excess of IDR 2.9 Trillion
Jakarta, 4 September 2023 - In commemoration Jakarta, October 2, 2023 – KB Bank continues Jakarta – October 11, 2023, PT Bank KB Bukopin
of National Customer Day (HPN), KB Bank to realize its commitment to implementing Tbk. (BBKP) is proud to announce that it has
expressed its appreciation by providing tickets sustainability principles in line with the succeeded in exceeding the target by distributing
to the 2023 SMTOWN SMTOWN LIVE Concert Environment, Social and Governance (ESG) pillars. pre-order (PO) financing for Hyundai vehicles
without being drawn to all customers who have This is done by the company by accelerating the totaling more than IDR 2.9 trillion during the period
participated in the Lucky Draw program. HPN’s pace of its green portfolio which operates in the January - September 2023. The number of cars
momentum is the right time for the company to renewable energy sector, eco-efficient products, that have been funded has reached 5,400 units,
share happiness with loyal KB Bank customers and environmentally friendly transportation or indicating a significant increase compared to the
to watch the ‘SMTOWN LIVE 2023 SMCU 2023 Electric Vehicles (EV). This commitment was same period in 2022 with realized financing of IDR
SMCU PALACE @JAKARTA with KB Bank concert realized by distributing Green Credit of IDR 309 377 billion and the number of cars of 1,124 units.
together. billion to the subsidiaries of Indika Energy
28 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 29
NOVEMBER 2023 NOVEMBER 2023 DESEMBER 2023
Demonstrating their dedication towards
KB Bank Distributes Syndicated Loans of KB Bank Transfers All Digital Banking
education in Indonesia, KB Bank
IDR 2.5 Trillion for the Construction of 612 Services to the KBstar Application on
fully supports the construction of a
PT INKA Trains November 30, 2023
multicultural library in Bekasi
Jakarta, November 6, 2023 – PT Bank KB Bukopin Jakarta, November 14, 2023 - PT Bank KB Jakarta, December 7, 2023 – KB Bank is committed
Tbk is committed to continuing to support the Bukopin Tbk. (BBKP) will transfer all digital to providing its best contribution to supporting
transportation sector, the railway facilities banking and SMS banking services to the KBstar the empowerment of Indonesian society. This
production sub-sector, through financing with a digital banking application on November 30, 2023. commitment is not only demonstrated through
syndicated scheme. As a concrete manifestation Thus, at the end of November 2023, KB Bank business activities and banking services, but also
of this commitment, KB Bank together with 4 Mobile Banking, Wokee and SMS Banking will through Social and Environmental Responsibility
other banks provided a credit facility of IDR 2.5 be deactivated. Customers can still interact via (TJSL) or Corporate Social Responsibility (CSR).
trillion to PT Industri Kereta Api (Persero) or PT KB Bank anytime and anywhere via the KBstar The CSR carried out by the company focuses
INKA (Persero) for working capital to procure 612 application which can be downloaded on the on priority areas, namely education, social
New Generation Train Units for the 2023-2023 Google Play Store or App Store. and environmental issues which refer to the
Replacement Program. Sustainable Development Goals.
DECEMBER 2023
Holding a Public Expose, KB Bank is
Optimistic to Achieve Positive PPOP in
2024
Jakarta, December 27, 2023 – KB Bank held
the 2023 Public Expose on Friday, December
22, 2023 using the Virtual Webinar mechanism.
The material presented was the Company’s
strategic steps in 2024, digital transformation,
and performance in 2023 including progress
towards turnaround.
PT Bank KB Bukopin Tbk Annual Report 2023 29
Page 30
2 Management Report
Page 31
Page 32
Management Report
President Commissioner
PT Bank KB Bukopin Tbk.
Jerry Marmen
32 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 33
REPORT OF THE BOARD OF
COMMISSIONERS
Dear Shareholders and Stakeholders,
On this occasion, allow us to express our praise and gratitude as well as close synergy between Bank Indonesia's policies and
to God Almighty for the grace He has given us all so that PT the Central and Regional Governments.
Bank KB Bukopin Tbk (KB Bank) can navigate 2023 with optimal
achievements despite being faced with various challenges. This Meanwhile, Bank Indonesia also stated that banking credit in
Annual Report for the 2023 fiscal year is an effort to provide a 2023 remains sensible, thus supporting economic growth. Credit
comprehensive overview of the Bank's efforts to prove its ability to growth in 2023 reaches 10.38% (yoy), within the upper range
realize its vision "To Become the First Choice Financial Institution of Bank Indonesia's forecast of 9-11%. From the demand side,
in Indonesia". the increase in credit is in line with the positive performance of
corporations and households. From the supply side, the increase
MACROECONOMIC PERSPECTIVE in credit was driven by banking risk appetite and well-maintained
banking liquidity capacity, including the positive impact of Bank
As quoted from the Financial Services Authority (OJK), it was Indonesia's liquidity policies such as the Macroprudential Liquidity
released that the Monthly Board of Commissioners Meeting of the Incentive Policy (KLM) and the Macroprudential Liquidity Buffer
Financial Services Authority (OJK) on January 3 2024 assessed (PLM).
that the stability of the national financial services sector was
maintained, supported by strong capital, adequate liquidity, and a SUPERVISORY FUNCTION AND
maintained risk profile so that able to face the potential slowdown WORKING RELATIONS WITH
in global economic growth. THE BOARD OF DIRECTORS
Economic indicators show moderation in economic growth in In accordance with applicable laws and regulations, the existence
several countries, especially in the European Union and China. of the Board of Commissioners is to strengthen the supervisory
Slowing economic growth pushed inflation down closer to the function for Bank management carried out by the Board of
inflation target, thereby providing room for the central bank to be Directors. The Board of Commissioners always carries out its
more accommodative. In the US, the Fed indicated that it would duties and responsibilities professionally and independently based
reduce the policy interest rate by 75 bps in 2024 with the market on good corporate governance. For this reason, the working
assessing that the US economy is still quite resilient and is not relationship between the Board of Commissioners and the Board
expected to experience a recession. of Directors is built through shared views to achieve the Bank's
vision.
However, the market is still paying close attention to future
geopolitical developments, such as the escalation of tensions The supervisory function of the Board of Commissioners towards
in the Red Sea as a result of the Palestine-Israel conflict, as well the Board of Directors is carried out in a mutually respectful working
as the holding of general elections covering 50 percent of the relationship. Throughout 2023, 10 (ten) meetings have been held
world's population, especially in several main countries such as with the Board of Directors to discuss various matters relating to
the US, European Union, India and Taiwan. the Bank's operational business. In these meetings there are times
when bank officials involved in the meeting material are involved.
On the other hand, as quoted from the Fourth Quarter 2023 The Board of Commissioners also carries out direct supervision
Monetary Policy Report released by Bank Indonesia, it is stated on a regular basis to ensure the adequacy of supervision and to
that Indonesia's economic recovery continues to be supported by review the conformity of work processes and results with the
domestic demand. Economic growth in 2023 is predicted to be specified qualifications. Not only in meeting forums, the supervisory
in the range of 4.5-5.3%, driven by consumption and investment function is also carried out through open communication with the
in line with the acceleration of Government spending at the end Board of Directors from time to time considering the Bank's very
of the year and the accelerated completion of several National dynamic business.
Strategic Projects (PSN).
VIEWS OF THE BOARD OF
Bank Indonesia also stated that inflation was decreasing and COMMISSIONERS ON THE
maintained within the target range. Consumer Price Index (CPI) PERFORMANCE OF THE DIRECTORS
inflation in December 2023 was recorded at 2.61% (yoy), down
from the previous year of 5.51% (yoy) so that it was in the range of The Board of Commissioners has the duties of supervising
3.0±1%. The decline in inflation was influenced by the maintenance and providing advice to the Board of Directors regarding the
of various components of inflation as a concrete result of the management of the Bank. The dynamic business climate
consistency of Bank Indonesia's pro-stability monetary policy throughout 2023 is a challenge for KB Bank, however, the
PT Bank KB Bukopin Tbk Annual Report 2023 33
Page 34
Management Report
Board of Commissioners is quite appreciative of the various VIEWS ON BUSINESS
strategic initiatives taken by the Board of Directors. The Board PROSPECTS PREPARED BY
of Commissioners assesses that the Board of Directors can deliver THE BOARD OF DIRECTORS
good performance in accordance with the Bank's articles of
association and continues to make efforts to achieve the targets As quoted from a report released by Bank Indonesia, inflation
that have been set. in 2024 is predicted to be within the target range of 2.5+1%.
This forecast is mainly driven by domestic demand which
Considering the global economic uncertainty and the Bank's is predicted to continue to improve gradually, the limited
fundamentals which are not yet normal, the Bank needs to act impact of global prices on domestic prices, as well as inflation
actively by ensuring that all strategies and programs can be expectations and a maintained exchange rate.
implemented well and achieve targets to anticipate future crises.
Currently, KB Bank lacks the basic infrastructure and manpower The Board of Commissioners views that 2024 remains a
to implement the new strategy. Following up on this, the Bank year full of challenges, especially the uncertain economic
needs 'Deep Change' to restore and renew the fundamentals that climate. Thus, the Board of Commissioners provides strategic
banks should have. Deep Change will pave the way for PT Bank direction through the Bank's business plan which contains a
KB Bukopin Tbk's vision to become a Top 10 bank in Indonesia. general design of things that KB Bank will achieve in stages,
including business income targets, efficient operational
To achieve the 2023 target, strategic steps have been determined processes, and superior human resource quality. The Board
which are divided into 13 (thirteen) strategic agendas with the aim of Commissioners carries out regular supervision so that it
of "Becoming the Main Financial Institution of Choice in Indonesia". can assess management's achievements in anticipating future
The strategic headline for the 2023 agenda is "BISA", a reflection business prospects.
of the motivation of PT Bank KB Bukopin Tbk people to continue
to make sustainable changes and improvements with the aim of The Board of Commissioners has reviewed the Bank's 2024
achieving mutual victory through 4 pillars, namely Boost Sales Business Plan which has been prepared by the Board of
Performance, Innovation for Turnaround, Strengthening the quality Directors and is of the opinion that the assumptions stated
of Assets, and Advanced IT & Digital. there are realistic, with targets that encourage the Bank's
business growth with appropriate strategic plans to achieve
In the Bank's Business Plan for 2023, the Bank focuses on building these targets. The Board of Commissioners reminds us again
a brand image to restore public trust which had declined due that one of the keys to achieving the business plan is the
to negative issues in 2020 and to provide confidence that PT synergy and determination of all Bank personnel to achieve
Bank KB Bukopin Tbk can return to being a business partner of the best goals and are committed to continuing to implement
the Indonesian people. Not only domestic, the Bank also aims good and sustainable Bank governance.
to optimize the international network owned by KB Kookmin
through the Korean Desk to attract Korean companies that will The Board of Commissioners hopes that all Bank Personnel
invest in Indonesia. work together all the time to achieve the best goals and are
committed to continuing to build business values as well
The Board of Commissioners assesses that the Board of Directors as healthy business processes and sustainable business
has made efforts to maintain the stability of the Bank and maintain transformation. In general, the Board of Commissioners is of
the trust of stakeholders amidst challenging conditions in 2023. the view that the business prospects that have been prepared
The performance assessment parameters for the Board of by the Board of Directors as stated in the Bank's business plan
Directors are also carried out by reviewing and considering the are quite good and in line with the direction and objectives of
achievements achieved at the end of the year. Efficiency and the Bank's KB in both the short and long term.
budget optimization have gone well. On the other hand, the Board
of Commissioners always encourages us to continue to innovate VIEWS ON THE
and rise to face challenges. The Board of Commissioners always IMPLEMENTATION OF GCG
evaluates whether the strategic policies taken by the directors
can support the achievement of the bank's financial performance The Board of Commissioners believes that the main key to
amidst existing external challenges. maintaining the Bank's sustainable growth is not only the
ability to provide excellent service to customers, but also the
The Board of Commissioners expresses its appreciation for the implementation of effective performance management and
performance, commitment and dedication shown by the Board implementing the basic principles of GCG, namely transparency,
of Directors throughout 2023, and appreciates the efforts of the accountability responsibility, independence, and fairness.
Board of Directors and all staff in anticipating future business
challenges and developments. The collective performance In facing increasing business complexity, KB Bank recognizes
of the Board of Directors regarding business achievements is the importance of optimizing the role of management and
in accordance with the Bank's business plan targets and/or employees in disclosing violations. As part of the Anti-Fraud
other criteria determined by the Board of Commissioners after strategy and implementation of Good Corporate Governance
discussion with the Board of Directors. In general, the Board of (GCG), KB Bank developed a Whistleblowing System (WBS) to
Commissioners is of the opinion that in 2023 the Board of Directors increase the effectiveness of corporate governance.
has carried out their duties in managing the Company well.
34 Annual Report 2023 PT Bank KB Bukopin Tbk
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During 2023, the Board of Commissioners is involved in implementation of the Integrated Governance Committee,
monitoring the implementation of ongoing fraud reporting, Financial Conglomeration. One of the main focuses is assessing
including procedures for prevention, detection and identification, the adequacy of internal control and the implementation of
investigation, and reporting, as well as evaluation and follow- compliance functions in an integrated manner at all levels of
up. The Board of Commissioners evaluates the implementation the company.
of the WBS through internal and joint meetings between the
Board of Commissioners, Directors, and committees under This committee is assigned with carrying out a comprehensive
the supervision of the Board of Commissioners which are held evaluation of the Company's compliance with applicable
periodically and documented in accordance with applicable standards and regulations, as well as ensuring that the internal
laws and regulations. control process has been carried out effectively. In addition, this
Committee is also responsible for ensuring that the compliance
The Anti-Fraud & Special Investigation Department and function is integrated efficiently in all company activities.
each Related Work Unit always carry out outreach about the
Anti-Fraud and Whistleblowing System at every opportunity With this approach, the Integrated Governance Committee,
according to their capacity. As a preventive measure, the Financial Conglomerate plays an important role in maintaining
Anti-Fraud & Special Investigation Department routinely holds company compliance with applicable rules and standards, as
outreach and education for all KB Bank employees. It aims to well as ensuring that the internal control system operates in
raise awareness of potential financial crimes. Through this accordance with the principles of Integrated Governance.
approach, KB Bank strives to ensure that all employees have This helps minimize compliance-related risks and improves
sufficient understanding of how to identify and prevent potential efficiency in running overall company operations.
fraud in the work environment.
The Board of Commissioners periodically assesses the
PERFORMANCE ASSESSMENT effectiveness of the performance of committees under the Board
OF COMMITTEES UNDER THE of Commissioners. The Board of Commissioners assesses that
BOARD OF COMMISSIONERS during 2022 the committees have carried out their duties and
responsibilities quite effectively as seen from the assessment of
In carrying out supervision, the Board of Commissioners the performance achievements of each committee. Information
of KB Bukopin is assisted by committees at the Board of on assessing the performance achievements of Committees
Commissioners level, consisting of the Audit Committee, under the Board of Commissioners is presented in each section
Remuneration and Nomination Committee, Risk Monitoring of the Board of Commissioners Committees.
Committee, and Integrated Governance Committee. All
committees at the Board of Commissioners level are chaired CHANGES IN THE COMPOSITION OF
by an Independent Commissioner. The implementation of the THE BOARD OF COMMISSIONERS
duties and responsibilities of committees at the level of the
Board of Commissioners of KB Bank refers to the Committee's Throughout 2023, there has been no changes to the
Work Guidelines and Code of Conduct which are prepared composition and composition of the Board of Commissioners.
based on applicable regulations in Indonesia and best practices The composition and structure of the Board of Commissioners
which are reviewed periodically. in office as of December 31, 2023, is as attached below.
The Audit Committee has been established with the aim of
supporting the implementation of the Board of Commissioners'
functions in supervising the effectiveness of the implementation
of the Internal Control System and increasing its active role in
ensuring that there are corrective actions for Bank problems
that can reduce the effectiveness of the Internal Control
System. Meanwhile, the Remuneration and Nomination
Committee was formed and is responsible to the Board of
Commissioners in carrying out its functions and duties in areas
related to remuneration and nomination of members of the
Board of Directors and Board of Commissioners. Meanwhile,
the Risk Monitoring Committee was formed to support the
implementation of the Board of Commissioners' functions in
supervising the effectiveness of the risk management process
including the process of identifying, measuring, monitoring,
and controlling risks at the Bank. Until now, the Risk Monitoring
Committee coordinates with the Risk Management Committee
and the Risk Management Work Unit.
On the other hand, the Integrated Governance Committee,
Financial Conglomeration was formed with the main aim of
supporting the Board of Commissioners in evaluating the
PT Bank KB Bukopin Tbk Annual Report 2023 35
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Management Report
Name Position Basis of Appoinment Period
Jerry Marmen President Commissioner Extraordinary GMS on 19 November 2021 2021-Annual GMS for Fiscal Year 2023
Nam Hoon Cho Vice President Commissioner Extraordinary GMS on November 19 2021 2021-Annual GMS for Fiscal Year 2023
Stephen Liestyo Independent Commissioner Annual GMS on June 17 2021 2021-Annual GMS for Fiscal Year 2023
Nanang Supriyatno Commissioner Extraordinary GMS on August 25 2020 2020-Annual GMS for Fiscal Year 2024
Sukriansyah Latief Independent Commissioner Extraordinary GMS on November 19 2021 2021-Annual GMS for Fiscal Year 2023
Hae Wang Lee Independent Commissioner Extraordinary GMS on August 25 2020 2020-Annual GMS for Fiscal Year 2024
Tippy Joesoef Independent Commissioner Extraordinary GMS 22 December 2020 2020-Annual GMS for Fiscal Year 2024
Eugene K. Galbraith Independent Commissioner Extraordinary GMS 19 November 2021 2021-Annual GMS for Fiscal Year 2023
All members of the Board of Commissioners have adequate integrity, competence and reputation in their respective fields and are
able to provide sufficient time to carry out their duties, and do not have conflicts of interest and do not have family relationships
up to the second degree with fellow members of the Board of Commissioners and/ or Directors.
CLOSING
Seeing developments in macroeconomic conditions and the growth of the business climate in Indonesia, the Board of Commissioners
is optimistic that KB Bank will be able to achieve better growth in the coming year. For all of KB Bank's achievements during
2023, the Board of Commissioners would like to thank Shareholders, customers, business partners, employees, and other
stakeholders for their trust in supporting KB Bank's business continuity.
Jakarta, May 31, 2024
Jerry Marmen
President Commissioner
PT Bank KB Bukopin Tbk.
36 Annual Report 2023 PT Bank KB Bukopin Tbk
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PT Bank KB Bukopin Tbk Annual Report 2023 37
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Management Report
President Director
PT Bank KB Bukopin Tbk.
Woo Yeul Lee
38 Annual Report 2023 PT Bank KB Bukopin Tbk
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REPORT OF THE BOARD
OF DIRECTORS
Dear Shareholders and Stakeholders,
On behalf of the Board of Directors of PT Bank KB Bukopin and Drink amounting to 10.01%. Meanwhile, the Processing
Tbk (KB Bank), allow us to submit the KB Bank Annual Report Industry which has a dominant role grew 4.64%. Meanwhile,
for the 2023 fiscal year as a form of our responsibility towards Agriculture, Forestry and Fisheries as well as Wholesale and
Shareholders. It is necessary for us to convey that the Bank Retail Trade; Car and Motorcycle Repairs grew by 1.30% and
continues to optimize its performance in achieving better 4.85% respectively.
results amidst global economic conditions which are full of
challenges and uncertainty. The Bank's achievements in 2023, Despite global challenges, such as geopolitical uncertainty and
as stated in this annual report, demonstrates the strategic changes in monetary policy in several countries, the Indonesian
initiatives that have been carried out by management, which are financial market shows positive resilience. Decreased volatility
expected to have a positive impact on the Bank's performance in stock markets, debt securities and exchange rates reflect
in a sustainable manner. Furthermore, please allow us as KB increasingly strong stability. With solid economic growth
Bank Management to convey the management of the Bank in projections for 2023, Indonesia is ready to face various global
the 2023 fiscal year. challenges, maintain economic stability, and make a positive
contribution to the world economy.
MACROECONOMIC ANALYSIS
INDUSTRY MACRO OVERVIEW
The year 2023 has been a year full of challenges and
opportunities in the dynamics of the global and national As quoted from the Fourth Quarter Monetary Policy Report
economy. On a global scale, several countries, especially released by Bank Indonesia, it states that banking credit in 2023
the European Union and China, are experiencing moderation remains sensible, thereby supporting economic growth. Credit
in economic growth. This prompted the adoption of more growth in 2023 reaches 10.38% (yoy), within the upper range
accommodative monetary policy to address these changes. of Bank Indonesia's forecast of 9-11%. From the demand side,
This global risk and uncertainty are triggered by the dynamics the increase in credit is in line with the positive performance
of developed countries which have a global impact. The United of corporations and households. From the supply side, the
States (US) is still faced with inflation that is above target, high increase in credit was driven by banking risk appetite and well-
interest rates, increasing fiscal pressure, and eroding excess maintained banking liquidity capacity, including the positive
savings which overshadow economic weakness. Meanwhile, impact of Bank Indonesia's liquidity policies such as KLM and
other developed countries, namely the People's Republic of the Macroprudential Liquidity Buffer (PLM). Based on usage
China (PRC), are still grappling with economic weakness after group, credit growth was mainly supported by investment
Covid-19, and Europe's economic condition is still weak with an credit and working capital credit, amounting to 12.26% and
increasing fiscal deficit accompanied by core inflation which 10.05% respectively.
is still high.
Bank Indonesia also stated that banking resilience remains
On the other hand, global growth prospects are predicted strong. The capital adequacy ratio (CAR) was recorded at
to remain weak as stated by international institutions. World a high level of 27.86% in November 2023. Banking liquidity
economic growth in 2023 was revised down by the IMF to remained adequate, as reflected in the ratio of Liquid Assets
only 3% and by the World Bank to only 2.1%. Inflation is also to Third Party Funds (AL/DPK) in December 2023 which was
predicted to reach 5.8%, higher than the pre-pandemic period. maintained high in 28.73%. Maintaining banking liquidity is in
line with the continued high level of banking placements in
In the midst of global environmental disruption throughout securities that are classified as liquid and the implementation
2023, both in terms of supply chains, natural disasters, of KLM. Banking liquidity capacity (lending capacity) is also
financial sector volatility, and geo-economic fragmentation, supported by strengthening pro-market monetary operations
the Indonesian economy is relatively resilient. Data from the strategies through, among other things, SRBI trading on the
Statistics Indonesia (BPS) records that the Indonesian economy secondary market, which provides banks flexibility in managing
grows by 5.05% in 2023. Growth occurs in all business fields. liquidity. Meanwhile, the banking non-performing loan (NPL)
The business fields that experienced the highest growth were ratio was recorded as low, at 2.19% (gross) and 0.75% (net).
Transportation and Warehousing at 13.96%; followed by Other
Services at 10.52%; and Provision of Accommodation and Food
PT Bank KB Bukopin Tbk Annual Report 2023 39
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Management Report
On the other hand, the performance of digital economic and The Bank's transformation phase which is scheduled to continue
financial transactions remains strong, supported by a safe, follows the dynamics of existing business development, where
smooth and reliable payment system. In 2023, the digital the Bank is divided into 3 (three) stages according to time
banking transaction value was recorded at IDR 58,478.24 projections. The first phase (2022-2023) is rebuilding the
trillion or grew by 13.48% (yoy) and is projected to increase business base through quality asset growth, the second phase
9.11% (yoy) to reach IDR 63,803.77 trillion in 2024. Meanwhile, (2024-2025) is expected to have the Bank at a more stable
the transaction value Electronic Money (EU) increased 43.45% stage to focus on the main business segments, namely retail
(yoy) to reach IDR 835.84 trillion and is projected to increase and MSMEs, and the third phase (2026- etc.) The bank is
25.77% (yoy) to reach IDR 1,051.24 trillion in 2024. QRIS expected to be at a stage where it is fully ready to become the
transaction nominal was recorded to grow 130.01% (yoy) and financial institution of choice in Indonesia. The bank focuses
reached IDR 229.96 trillion, with 45.78 million users and 30.41 on building its brand image and providing confidence that
million merchants, most of whom were MSMEs. Meanwhile, the KB Bank can once again become a business partner for the
value of payment transactions using ATM cards, debit cards Indonesian people. Not only focusing on the domestic network,
and credit cards reached IDR 8,178.69 trillion or decreased by the Bank will also optimize the international network owned
0.81% (yoy). In terms of Rupiah currency management, the by KB Kookmin through the Korean Desk to attract Korean
amount of Currency in Circulation (UYD) in December 2023 companies that will invest in Indonesia to make KB Bank a
increased by 7.33% (yoy) to IDR 1,101.75 trillion. partner in providing their financial service needs.
THE ROLE OF THE BOARD OF CHALLENGES AND SOLUTIONS
DIRECTORS IN IMPLEMENTING IN FACING CHALLENGES
BANK STRATEGIC POLICIES
In 2023, the Bank continues to face the global economic
In conducting their role as Bank administrators, the Board slowdown, geopolitical tensions and inflation which have
of Directors and staff always carry out business mitigation an impact on the economy, business growth and market
and implement strategic policies for optimal results. In facing penetration. In addition, the trend of increasing interest rates
uncertain business climate conditions throughout 2023, the continues, which will have an impact on increasing funding
Bank has established policies and strategic plans to achieve costs, pressing margins and increasing credit risk. The end of
optimal and sustainable growth. Strategic planning is a key the Covid-19 relaxation in 2024 has raised concerns about the
function that helps set priorities, allocate resources, and ensure increase in bad loans. Banks have started to take preventive and
the same goals that have been set as a guide in creating policies preparatory actions to deal with this by managing restructuring
and rules as well as the Bank's future direction and goals for debtors and debtors whose collateral auction processes need
the benefit of the Company and employees. to be accelerated while still considering a good return ratio
while still paying attention to the negative impact on capital.
The Bank has a vision namely " To Become the First Choice
Financial Institution in Indonesia", to achieve this vision KB The Bank focuses on growing new quality credit by building
Bank as the controlling shareholder supports the Bank's collaboration with the Company's strategic partners such
transformation to achieve this aspiration. Support not only in as personal loans, mortgages, auto loans, and other large
the financial aspect but also from the business, IT and other companies, including PT Inka Persero through a syndicated
aspects. The Bank understands that to achieve this vision it financing scheme, with the Indonesian Real Estate Brokers
is necessary to build a strong foundation with a commitment Association (AREBI) for marketing and distributing mortgages,
to change from all people at KB Bank. and several other companies.
The Board of Directors together with all Bank personnel have Partnerships with the Bank's strategic partners are also
created guidelines to achieve the targets of the strategic plan carried out to strengthen One KBFG's synergy in the financial
that have been set, therefore the Bank has determined strategic industry, including through collaboration in the field of capital
steps which are divided into thirteen (13) strategic agendas market securities with KB Valbury, motor vehicle financing
as the main foundation in achieving the Bank's aspirations with Sunindo Kookmin Best Finance, multi-finance services
with the aim of "Becoming a Financial Institution Top Choice in and Co-Location with KB Finansia Multi Finance, where this
Indonesia”. The strategic heading for the 2023 agenda is "BISA" collaboration carried out to improve complete financial services
which means the Bank wants to achieve progress together for customers. Through various collaborations with affiliated
through fundamental changes with 4 main pillars, namely Boost companies, KBFG is expected to encourage KB Bank to provide
Sales Performance, Innovation for Turnaround, Strengthening integrated services in the future with one stop financial service.
the Quality of Assets, Advanced IT and Digital.
40 Annual Report 2023 PT Bank KB Bukopin Tbk
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In addition, the Bank continues to strengthen its capital for OVERVIEW OF BUSINESS PROSPECTS
corporate actions in Limited Public Offering (PUT) VII in the
second quarter of 2023 with proceeds of IDR 11.99 trillion. By Global economic growth in 2023 is predicted at 2.0% and
improving and strengthening the capital position, it will certainly will increase to 3.5% in 2024. Inflation in developed countries
make it easier for the Bank to support business activities and remains high due to continuing monetary pressure. These
expand the bank's business into various new sectors to create developments have encouraged continued high monetary
new profitable and healthy business opportunities that can policy interest rates in developed countries, especially the
support sustainable Bank growth as indicated by an increase US Federal Funds Rate (FFR), which has resulted in increased
in the Bank's net interest income. global financial market uncertainty. As a result, pressure on
capital outflows and weakening of exchange rates in developing
PERFORMANCE IN 2023 AND countries is increasing, necessitating strengthening of policy
COMPARISON TO TARGET responses to mitigate the negative impact of this global
spillover, including in Indonesia. The trend of increasing interest
Throughout 2023, the Bank made adjustments to the Bank's rate policies in various countries is still not over, however, the
targets 2 (two) times, namely in the period March and June Fed rate is projected to decrease in the next year and in line
2023. This took into account internal conditions, macro with this, the projected reference interest rate (BI7DRR) is also
conditions and future market projections so that the Bank made projected to decrease. The government continues to strive
adjustments to business growth including credit quality aspects. to elaborate provisions and policies to continue to support
become the dominant factor that impacts all financial aspects national economic growth.
in 2023 while still paying attention to applicable regulations. In
2023, the Bank plans to obtain several substantial components The year 2024 is the year of the General Election, as in the
as benchmarks for assessing the Company's performance. previous period it is projected that the Election will have a
The comparison between plans and realization is as follows: positive impact on economic growth in various sectors,
1. Credit especially MSMEs and Consumption. It is hoped that these
In 2023, net New Loans grows from IDR 6,313 billion in 2022 quite positive national economic projections will be able to
to IDR 6,691 billion in 2023. In addition, the Bank continues provide encouragement for the growth of the national banking
to improve its credit quality as shown by the decrease in industry.
LAR from 49.9% in 2022 to 39.77% in 2023 .
2. Other Operating Income To achieve financial targets in 2024, the Bank is committed to
During 2023, total other operating income increased continuing to make changes, one of which is by focusing on
from IDR 279 billion in 2022 to IDR 583 billion in 2023. loan portfolio improvement and deposit portfolio advancement
The increase in other operating income was driven by the as the Bank's efforts to improve performance in all lines, so
growth of bank fee-based income. that it is hoped that it will be able to improve PPOP which is
3. PPOP projected to turn around in 2024. 2024 and can record a profit
During 2023, the performance of PPOP (Pre Provision in 2025. Loan portfolio improvement and deposit portfolio
Operating Profit) or Operational Profit before Allowance advancement efforts will be carried out through:
for Impairment Losses has improved, where in 2023 it is 1. The bank takes steps to resolve bad loans by reducing the
in minus IDR 791 billion, but better than in 2022 which was LAR and strengthening the DPD management function by
minus IDR 1,047 billion. The improvement in PPOP was targeting a reduction in the LAR in 2024 below 25%. The
supported by an increase in net interest income in line with Bank will maximize the recovery value from bad loans and
new credit distribution - net which reached IDR 6.7 trillion. minimize credit costs through optimizing collections and
Efforts to improve PPOP are also supported by a reduction DPD management as well as through bulk sales in 2024.
in overhead costs originating from the implementation of To reduce gross NPL in 2024 below 10%, the Bank will
cost hunting initiatives and branch restructuring. manage restructuring debtors and debtors whose collateral
4. Cost Efficiency auction process needs to be accelerated by still consider
In 2023, the Bank continues its cost reduction initiatives a good return ratio. Apart from that, the Bank will maintain
through efficiency in overhead costs. The increase in CAR at 18%-19%.
overhead costs is in line with growth and cost savings 2. In terms of business growth, the Bank targets new credit
strategies. The bank's success in efficiency is reflected growth in 2024 to reach IDR 8.5 trillion. The wholesale
in controlled costs which have remained maintained at segment is still the size driver with a new credit allocation
around 2% CAGR since 2022. Channel-related costs will composition of 44%, followed by the retail segment at 33%
decrease after 2023 in line with the channel optimization and the MSME segment at 23%. The Bank will deepen its
strategy and asset growth. wholesale and anchor-linked SME & Retail business and will
PT Bank KB Bukopin Tbk Annual Report 2023 41
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Management Report
explore new business segments. The Bank will encourage 1. Governance Structure, aims to strengthen and complete
new credit growth through new products that have been the Bank's governance structure and infrastructure.
adapted to customer needs, stimulus programs for sales, 2. The Governance Process aims to ensure that the GCG
development of information technology to support business implementation process produces output that considers
processes, building a digital ecosystem to attract more the principle of significance or materiality.
customers and competitive asset liability management. 3. Governance Outcome, namely in the form of good and
In the aspect of third-party funds, in 2024 third party quality performance results.
funds will grow with the LDR target maintained at 100% to
minimize excess funds. The growth of third-party funds These steps underline Bank KB Bank's determination to ensure
will be focused on increasing CASA growth with a target that every step taken and every decision made is based on
ratio above 25% by building a strong customer base, to the principles of ethics, integrity and legal compliance, thereby
reduce the cost of funds. creating a transparent, accountable and sustainable work
3. The Bank will continue cost reduction initiatives through environment for all stakeholders.
efficiency in overhead costs. The increase in overhead
costs is in line with growth and cost savings strategies. In 2023, based on the findings and results of the self-
assessment analysis, the implementation of good corporate
Financial ratios, especially in terms of credit quality, will show governance at KB Bank is generally "GOOD", as reflected
improvement in line with the Bank's plan to settle bad loans in adequate fulfillment of the principles of good corporate
through bulk sales, improve the structure of third-party funds governance. Weaknesses found in the implementation of good
through increasing CASA to strengthen liquidity, and cost corporate governance in general are less significant and can
reduction efforts through efficiency in overhead costs. In be resolved with normal actions by Bank Management. Thus,
addition, it is hoped that improvements in credit quality will KB Bank's GCG rating is Rank 2 (two).
increase which will be balanced with healthy credit growth
so that it can significantly improve the level of profitability as ASSESSMENT OF COMMITTEES
reflected by the NIM ratio so that the Bank can grow sustainably UNDER THE BOARD OF DIRECTORS
in the future.
In carrying out its management functions, the Bank's Board
DEVELOPMENTS IN THE of Directors is assisted by 5 (five) committees, namely the
IMPLEMENTATION OF Risk Management Committee, ALCO Committee, Technology
CORPORATE GOVERNANCE Steering Committee, Credit Restructuring Committee, and
Problem Loan Settlement Committee. In 2023, the Board of
The Bank believes that the main key to maintaining sustainable Directors assesses that the committees formed have carried
bank growth is not only the ability to provide excellent service to out their duties and responsibilities effectively. This evaluation
customers, but also the implementation of effective performance includes an assessment of the performance of the committees
management and implementing the basic principles of GCG. in achieving their goals, as well as the effectiveness of work
The implementation of the basic principles of GCG is outlined processes and their contribution to the overall performance
in the Bank's cultural values called ICCAN, namely Integrity, of the company. Thus, the existence of these committees is
Competent, Care, Accountable, Never Give Up, which serve expected to improve overall corporate governance and support
as a guide for management and employees in working and the achievement of strategic business goals.
behaving. The company culture is implemented through a
process of internalization into systems and procedures as well CHANGES IN BOARD OF
as the formation of behavior that is in accordance with norms. DIRECTORS COMPOSITION
With this approach, apart from being stated in policies and
procedures, it also becomes a discipline (soft skills) which is Throughout 2023, there has been changes to the Structure and
implemented by the Board of Commissioners, Directors, and composition of the Board of Directors based on the Resolution
employees in carrying out their duties and responsibilities. of the Extraordinary General Meeting of Shareholders held on 31
January 2023, which honorably dismissed Jim Bum Kim as Bank
The Bank implements the five basic principles of GCG in a Director, and appointed Jung Ho Han as the new Bank Director.
comprehensive and structured manner on the three aspects The structure and composition of the Board of Directors in
of Governance, namely: office as of 31 December 2023, is as attached below.
42 Annual Report 2023 PT Bank KB Bukopin Tbk
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Name Position Basis of Appointment Period
Woo Yeul Lee President Director Extraordinary GMS on May 25. 2021 2022-RUPS for Financial Year 2024
Robby Mondong Vice President Director Extraordinary GMS on July 8, 2021 2022-RUPS for Financial Year 2023
Helmi Fahrudin Director Extraordinary GMS on August 25, 2020 2020-RUPS for Financial Year 2024
Dodi Widjajanto Director Extraordinary GMS on August 25, 2020 2020-RUPS for Financial Year 2024
Seng Hyup Shin Director Extraordinary GMS on August 25, 2020 2021-RUPS for Financial Year 2024
Yohanes Suhardi Director Extraordinary GMS on 8 July 2021 2021-RUPS for Financial Year 2023
Young Eun Moon Director Extraordinary GMS on August 24, 2021 2022-RUPS for Financial Year 2024
Henry Sawali Director Extraordinary GMS on December 8, 2021 2021-RUPS for Financial Year 2023
Jung Ho Han Director Extraordinary GMS on 31 January 2023 2023-RUPS for Financial Year 2025
BANK ORGANIZATIONAL
STRUCTURE IN 2023
In 2023, the Bank adjusts its organizational structure to sharpen of 2023 the Bank has launched a mobile banking application,
its functions in an effort to support its business strategy, namely namely KBStar, which is targeted to increase DPK, especially in
increasing funds, quality credit and increasing fee-based the retail and individual segments and is expected to become
income as well as digitizing the Bank's business processes. the Bank's main engine in obtaining CASA. In the future, the
In this alignment, the Bank is also committed to conducting a Bank will start to increase customer growth and meet customer
review of the productivity of Bank employees. In this way, it product and service needs through digital channels and form
is hoped that it can help accelerate business growth which is a digital ecosystem so that it can strengthen the Bank's
balanced by increasing employee productivity and performance positioning in the banking industry.
as well as strengthening internal control functions, so that
future businesses are expected to grow with good quality INFORMATION TECHNOLOGY SUPPORT
and performance. Technology in the banking world is currently the main thing that
is expected to help in bank business processes. This is reflected
MAIN BANK ACTIVITIES IN 2023 in the growing development of the Online/Digital Banking sector
by carrying out Full Scales Digital Transformation which at
In 2023, the Bank prioritizes restoring and restoring the least includes channels, products, services and customers.
Bank's functions and fundamentals so that the Bank can With business trends in this sector and supported by existing
match other banks and implement new strategies. Apart from technologies, in 2023 KB Bank is carrying out a transformation
that, commitment from all levels of employees to growth and initiative to rebuild core banking, digital, information systems,
continuous improvement of systems, procedures and corporate support systems and IT infrastructure with the hope of being
governance is very necessary in this phase. Significant able to compete with competitors and can collaborate with
improvements in asset quality influenced the Bank's business the existing ecosystem.
performance in previous periods. Settlement of problem loans
will have an impact on reducing total Bank assets. The Bank Apart from that, this transformation initiative can provide
will optimize collections by strengthening the special asset experience and convenience for customers, increase market
management and day past due (DPD) functions. size, expand customer segment coverage and be able to
increase profitability and achieve cost efficiency by reducing
In 2023 the Bank also focuses bank business growth on operational costs. In 2023 the Bank has launched a mobile
segments that have a big impact on the bank. In addition, the banking application, namely KBStar, which is targeted to
Bank is making preparations to expand into new segments, increase DPK, especially in the retail and individual segments
form a sustainable business ecosystem, and synergize with and is expected to become the Bank's main engine in obtaining
KBFG affiliates and subsidiary companies to create mutually CASA.
beneficial collaborations.
In the next three years, the direction and focus of KB Bank's
In terms of business acceleration, the Bank is improving IT and information technology will be as follows:
digital infrastructure through the SHINE project which will be 1. 2024 - Completion of SHINE Project
completed at the end of 2024. To increase the customer base The Bank will focus on completing the SHINE Project
and strengthen the Third Party Fund structure by providing including the operation of the SHINE Project System and
optimal service to customers through various products, media/ Stabilization of the SHINE system as well as minimizing
platforms, services and innovative digital banking, at the end development outside the SHINE project, except for
PT Bank KB Bukopin Tbk Annual Report 2023 43
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Management Report
regulatory needs, audits and meeting strategic needs
2. 2025 - Strengthening the ability to operate the system The creation of collaboration between KB Bank and various
independently partners indicates that the Bank continues to be committed to
In 2025 the Bank will strengthen system operating contributing to economic development and providing a positive
capabilities by prioritizing regular training and education impact on Indonesian society.
programs for employees, improving system operation
processes to maximize efficiency and performance and In addition, the Bank continues to strengthen the One KBFG
automating system operation tasks to increase productivity synergy in the financial industry, including through collaboration
3. 2026 - Maximizing In-house Development in the field of capital market securities with KB Valbury, motor
In 2026, the Bank will accelerate business innovation vehicle financing with Sunindo Kookmin Best Finance, multi-
with accumulated technological capabilities, increase finance services and Co-Location with KB Finansia Multi
collaboration with third party partners through open Finance, where this collaboration is carried out to improve
systems and build an ecosystem to facilitate collaboration complete financial services for customers. Through various
with various stakeholders collaborations with affiliated companies, KBFG is expected
to encourage KB Bank to provide integrated services in the
TYPES OF PRODUCTS AND future with one stop financial service.
SERVICES OFFERED
OWNERSHIP OF DIRECTORS,
In accordance with the Company's Articles of Association, BOARD OF COMMISSIONERS
article 3 paragraph 1, the Bank operates in the banking AND SHAREHOLDERS IN THE
services industry. The focus of banking services offered by the BANK BUSINESS GROUP
Company is divided into three (3) segments, namely the Retail
segment, the MSME segment and the Commercial segment. As a form of implementation of the principle of transparency in
The Company's Retail and MSME segments are supported by Bank governance, all members of the Board of Commissioners
the Commercial segment as a balance. The entire segment is of KB Bank revealed that not a single member owns shares,
supported by International Banking, Treasury and fee-based either in the Company or even in banks and other companies
services. in accordance with OJK regulations stated in POJK No. 17 of
2023 concerning Implementation of Governance for Commercial
Each of these businesses consists of lending activities, raising Banks.
funds, increasing fee-based income and other service activities,
all of which are carried out in accordance with existing values. Meanwhile, in accordance with Financial Services Authority
The Company's business is supported by competent Human Regulation no. 11/POJK.04/2017 concerning Ownership Reports
Resources (HR), the latest information technology and reliable or Any Changes in Ownership of Public Company Shares,
risk management and compliance. each member of the Board of Commissioners and Directors is
required to submit information to the Bank regarding ownership
WORK NETWORK AND and any changes in ownership of Bank shares. Meanwhile,
BUSINESS PARTNERS in 2023, the Bank has reported 16 (sixteen) purchase and/
or sale transactions of Bank shares owned by the Board of
In 2023, KB Bank's network will consist of 1 operational head Directors to the regulator. Related descriptions can be seen
office, 29 branch offices, 143 sub-branch offices, 1 functional in the Company Profile chapter under the subtitle "Purchase/
office and 11 Bukopin ATMs. The Bukopin ATM card is connected Sales of Shares of the Board of Commissioners and Directors".
to the entire ATM Prima and ATM Bersama network throughout
the country. All KB Bank offices are connected in one real time IMPORTANT CHANGES THAT
online network. OCCURRED IN BANKS AND
BANK BUSINESS GROUPS
Throughout 2023, KB Bank will also continue to strengthen its IN THE CURRENT YEAR
position as a financial partner that contributes to economic
progress in Indonesia, including through: In 2023, in order to strengthen capital, KB Bank carried out
1. Syndicated financing with 4 other banks worth IDR 2.5 corporate action through a Limited Public Offering (PUT) VII
trillion to PT Industri Kereta Api (Persero) or PT INKA in the second quarter of 2023 with proceeds of IDR 11.99
(Persero) for working capital to procure 612 New Generation trillion. This is important to do to accelerate the completion of
Train Units for the 2023-2026 Replacement Program. remaining non-performing assets in a timely manner so that
2. Financing amounting to USD 20 million, or more than IDR the capital structure becomes strong and improves the Bank's
309 billion to PT Energi Makmur Buana (INVI), which is soundness considering that the Covid-19 relaxation stimulus
a subsidiary of PT Indika Energy. This credit facility is will end in 2024. Apart from that, the use of capital will also
provided to support the accelerated growth of the national be focused on supporting the capital of subsidiary companies
commercial electric vehicle ecosystem. which in In 2023, KB Bank has made a capital injection of IDR 1.3
3. Innovative collaboration with the Batam City Government, trillion into Bank KB Bukopin Syariah and KB Bukopin Finance,
especially through the implementation of Fuel Card 3.0 to where the capital provided will be managed carefully and used
simplify transactions at fuel filling stations. productively for business expansion and accelerating capital
accumulation through organic growth.
44 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 45
IMPORTANT THINGS THAT ARE APPRECIATION
EXPECTED TO HAPPEN IN THE FUTURE
Through this opportunity, allow us to represent the entire
The development of the Bank's business is related to economic Board of Directors to express my gratitude that the Bank
dynamics which in the future depends on the dynamics that can experience 2023 with optimal results. The Bank would
occur in the current year. Materially, the Bank has not been not have been able to achieve these various achievements
able to convey important matters that are expected to occur without the support, efforts and dedication of employees as
in the future. well as direction from the Board of Commissioners. The same
appreciation was also conveyed to customers and business
THE BANK’S HUMAN partners, for the support, trust and cooperation that has been
RESOURCES DEVELOPMENT well established so far.
To build superior human resources that can compete in the To all Bank Personnel, the Board of Directors expresses
current era of change, the Bank continues to provide training to its highest appreciation for the hard work that has been
employees to increase the knowledge and competence of each demonstrated. We encourage all Bank personnel to strengthen
employee. Apart from that, the Bank also runs a Performance their enthusiasm for achievement, so that the Bank can continue
Assessment system which is based on each individual's KPI and to take part, contribute, build capacity, capability and innovate
normal distribution. With this system, every employee must give to become one of the leaders in Indonesia
their best contribution. For employees whose performance is
still below specified expectations, the Bank will provide specific
development for these employees to ensure employees are
able to meet the Bank's expectations and needs in order to
survive and compete in the industry.
Jakarta, May 31, 2024
Woo Yeul Lee
President Director
PT Bank KB Bukopin Tbk.
PT Bank KB Bukopin Tbk Annual Report 2023 45
Page 46
Management Report
ANNUAL REPORT
ACCOUNTABILITY
Statement Letter of Members of the Board of Commissioners and Board of Directors Regarding Responsibility for the
Correctness of the Contents of the Annual Report of PT Bank KB Bukopin Tbk for Fiscal Year 2023
We, the undersigned, declare that all information in the Annual Report of PT Bank KB Bukopin Tbk (the “Company”)
for the year 2023 has been published in full and we are fully responsible for the correctness of the contents of the
Company’s Annual Report. This statement is true to the best of our knowledge.
Jakarta, May 31, 2024
BOARD OF COMMISSIONERS
Jerry Marmen
President Commissioners
Nanang Supriyatno Hae Wang Lee Tippy Joesoef
Commissioner Independent Commissioner Independent Commissioner
Stephen Liestyo Sukriansyah S. Latief Eugene K Galbraith
Independent Commissioner Independent Commissioner Independent Commissioner
46 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 47
ANNUAL REPORT
ACCOUNTABILITY
Statement Letter of Members of the Board of Commissioners and Board of Directors Regarding Responsibility for the
Correctness of the Contents of the Annual Report of PT Bank KB Bukopin Tbk for Fiscal Year 2023
We, the undersigned, declare that all information in the Annual Report of PT Bank KB Bukopin Tbk (the “Company”)
for the year 2023 has been published in full and we are fully responsible for the correctness of the contents of the
Company’s Annual Report. This statement is true to the best of our knowledge.
Jakarta, May 31, 2024
BOARD OF DIRECTORS
Woo Yeul Lee
President Director
Robby Mondong Helmi Fahrudin Dodi Widjajanto Yohanes Suhardi
Vice President Director Director Director Director
Henry Sawali Young Eun Moon Jung Ho Han
Director Director Director
PT Bank KB Bukopin Tbk Annual Report 2023 47
Page 48
3 COMPANY PROFILE
Page 49
Page 50
Company Profile
BANK
IDENTITY
Company Name PT Bank KB Bukopin Tbk
Call Name KB Bank
Type/Company Public Listed Company
Legal Entity
Line of Business Banking Service
Date of Incorporation 10 July 1970
Legal Basis of Incorporation Indonesian Cooperative Commercial Bank (BUKOPIN) was legalized as a legal
entity based on Decision Letter of the Directorate General for Cooperatives
No. 13/Dirjen/ Kop/70 dated 10 July 1970 and registered in the General List of
the Directorate General for Cooperatives No. 8251 on the same date.
Name Changes PT Bank KB Bukopin Tbk - Ratified at the Extraordinary General Meeting of
Shareholders 22 December 2020, and based =on the Deed of Statement
of Meeting Resolutions dated 22 December 2020 No. 12 No. AHU-
0085571.AH.01.02.
Ownership • KB Kookmin Bank 66.88%
• STIC Eugene Star Holdings 16.98%
• Public / Society 16.14%
Base Capital IDR21,000,000.000,000.-
Issued and Fully Paid-up IDR18,999,999,969,200.-
Capital
Date of Initial Offering 10 July 2006
Ticker Code BBKP
Exchange Name Indonesia Stock Exchange
SWIFT Code BBUKIDJA
Number of Employees as of 31 2,618 employees
December 2023
Corporate Secretary Yocky Eko Wicaksono as of 31 December 2023
Subsidiaries PT Bank KB Bukopin Syariah
PT KB Bukopin Finance
Head Office Address Gedung KB Bank
Jl. M.T. Haryono Kav. 50-51 Jakarta Selatan 12770
Telepon: +6221-7988266, 7989837
Fax: +6221-7980625, 7980238, 7980244
Contact Address Corporate Secretary
Jl. M.T. Haryono Kav. 50-51 South Jakarta 12770
Phone: +6221 7988266, 7989837
Fax: +6221-7986355
Email: corsec@kbbank.co.id
Social Media Youtube: KB Bank
Facebook: KB Bank
Instagram: kbbukopin
Twitter : kbbank_id
50 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 51
BRIEF HISTORY
OF THE BANK
PT Bank KB Bukopin Tbk (“Bank”) was founded in the
Republic of Indonesia on 10 July 1970 with the name
Indonesian Cooperative Commercial Bank (abbreviated
as Bukopin) which was legalized as a legal entity based Deed of Meeting Resolutions dated 30 November 2022 No.
on Decree of the Directorate General of Cooperatives 108 as received and recorded in the Legal Entity Administration
No. 13/Dirjen/Kop/70 and registered in the General List System database of the Ministry of Law and Human Rights of
of the Directorate General of Cooperatives No. 8251 on the Republic of Indonesia dated 14 December 2022 No. AHU-
the same date. The Bank began conducting commercial 0090647.AH.01.02 concerning Approval of Amendments to the
business as a cooperative commercial bank in Indonesia Articles of Association of the Limited Liability Company PT Bank
on 16 March 1971 with permission from the Minister of KB Bukopin Tbk. and in accordance with the latest composition
Finance in Decree No. Kep-078/DDK/II/3/1971 dated of members of the Board of Directors in the Deed of Meeting
16 March 1971. Resolutions dated 31 January 2023 No. 77, as received and
recorded in the Legal Entity Administration System database
of the Ministry of Law and Human Rights of the Republic of
Indonesia dated 10 February 2023 No. AHU-AH.01.09-0088669
Re: Receipt of Notification of Changes to Company Data PT
Since its inception, the Bank has focused on the MSME (Micro, Bank Bukopin Tbk.
Small and Medium Enterprises) segment, and has now grown
and developed into a bank that is included in the group of The Bank also changed its legal entity status several times
medium banks in Indonesia in terms of assets. In line with until it finally became a Public Company in 2006. With
the opening of opportunities and increasing ability to serve a stronger capital structure as a result of the Initial Public
the needs of a wider community, the Bank has expanded Offering (IPO) on 10 July 2006, the Bank continues to develop
its business into the Retail and Consumer segments since its operational program by implementing a priority scale
the issuance of the Minister of Finance’s permit on 16 March according to short-term strategies. which has been carefully
1971. The Bank’s Retail Business has developed along with prepared. The implementation of this strategy is aimed at
the Commercial business as a balance, with various products ensuring that comprehensive banking services are provided
and services offered as per the latest Articles of Association. to customers through a network that is connected nationally
The Bank’s Articles of Association have undergone several and internationally, a variety of products and high standard
changes over time and the latest changes are stated in the service quality.
PT Bank KB Bukopin Tbk Annual Report 2023 51
Page 52
Company Profile
KB Bank is also a shareholder in PT Indo Trans Buana Multi KB Kookmin Bank.co,Ltd. or Kookmin Bank is a bank in South
Finance which operates in the fields of investment financing, Korea that has grown as a leading financial institution that
working capital financing and multi-purpose financing and then provides various financial products and services to the public
changed the name of the company to PT Bukopin Finance and businesses. KB Kookmin Bank is part of the largest
in 2008 as the controlling and Major Shareholder. In the financial conglomerate group in South Korea, KB Financial
same year, KB Bank made efforts to develop the company’s Group (KBFG). The group was founded in 2008 to better serve
business by acquiring PT Bank United Indonesia, which had clients, enable growth and provide value in a rapidly changing
been under the assistance of KB Bank for 3 years. In seeing financial environment.
business opportunities in sharia banking, PT Bank Persyarikatan
Indonesia changed its business direction from a conventional KB Financial Group has 12 subsidiaries, namely: KB Kookmin
bank to a sharia bank and changed its name to PT Bank Syariah Bank, KB Securities, KB Insurance, KB Kookmin Card, KB Life
Bukopin. Insurance, KB Asset Management, KB Capital, KB Real Estate
Trust, KB Savings Bank, KB Investment, KB Data Systems
Along with the development of the banking business industry, and KB Credit Information. With comprehensive products and
KB Bank continues to innovate by developing digital-based services, the KBFG network has spread to various countries
products and services that its competitors such as Flexy including: China, Japan, Hong Kong, Cambodia, Thailand,
Bill, Flexy Gas and Flexy Health do not have, which further Vietnam, Myanmar, Singapore, Laos, India, Indonesia, New
strengthens KB Bank position in the banking business York, London and New Zealand.
competition in Indonesia.
With the presence of KB Kookmin Bank as the Controlling
In 2018, KB Bank started a synergy with KB Kookmin Bank Shareholder of KB Bank in 2021 KB Bank officially changed
through corporate action in the form of a Limited Public Offering the company name to PT Bank KB Bukopin Tbk or commonly
(PUT) IV which resulted in KB Kookmin Bank owning 22% of called KB Bank.
the Company’s shares. Until this report was published, KB
Kookmin Bank had officially become the Major Shareholder Until the end of 2023, KB Bank operates in 24 provinces, has
with a portion of 67%. 1 operational head office, 29 branch offices, 143 sub-branch
offices and 1 functional office.
52 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 53
CERTIFICATE OF CHANGE OF NAME AND
STATUS OF LEGAL ENTITY
Indonesian Cooperative Commercial Bank Decree of the Directorate General of Cooperatives No. 13/Dirjen/Kop/70 dated 10 July 1970.
Cooperative Legal Entity (Bukopin) Legalized as a legal entity based on the Decree of the Directorate General of Cooperatives
No. 13/Dirjen/Kop/70 dated 10 July 1970.
KB Bank Ratified in the Decree of the Director General of Cooperative Institutions No. 06/KPTS/BLK/
III/1990 dated March 8, 1990.
Limited Liability Company (PT Bank Bukopin Tbk) Notary Deed No. 126 dated 25 February 1993 from Notary Muhani Salim, S.H., along with the
amendments thereto, with Notary deed No. 126. 118 dated 28 May 1993.
Public Company PT Bank Bukopin, Tbk Decree of the Senior Deputy Governor of Bank Indonesia No. 6 November KEP.DGS/2004
dated 19 April 2004.
PT Bank KB Bukopin, Tbk Ratified at the Extraordinary General Meeting of Shareholders 22 December 2020, and
based on the Deed of Statement of Meeting Resolutions dated 22 December 2020 No. 12
No. AHU-0085571.AH.01.02.
PT Bank KB Bukopin Tbk Annual Report 2023 53
Page 54
Company Profile
MILESTONES
1970 1989 1993
Bank Umum Koperasi Indonesia • Change of the name of Bukopin into Change of the legal entity status into a
(Bukopin) was established with a Bank Bukopin. Limited Liability Company under the name
cooperative legal entity. • Issued Bonds for the first time. of PT Bank Bukopin Tbk.
2008 2006 2003
• Share acquisition of PT Bank Syariah • Became a public company through IPO Issuance of A Series Bonds, B Series
Bukopin’s to 65.44%. (Initial Public Offering). Subordinated Bonds and Mudharabah
• Repayment of A Series Bonds, B Series • Acquisition of PT Bank Syariah Bukopin Bonds
Subordinated Bonds and Mudharabah (previously PT Bank Persyarikatan
Bonds. Indonesia) amounted to 24.73%
• Share acquisition of PT Bukopin
Finance (formerly PT Indo Trans Buana
Multifinance).
2009 2010 2011
• First Limited Public Offering (PUT I). • For the first time, PRIDE culture • Implementation of Limited Public Offering
• Spin off on Sharia business unit to Bank (Professionalism, Respect Other, (PUT) II.
Syariah Bukopin, so Bank Bukopin has Integrity, Dedicated to Customer, and • Increased ownership in PT Bank Syariah
65.4%. Excellence) launched and informed Bukopin to 77.57%.
internally in the Company.
2014 2013 2012
• Increased ownership in PT Bank Syariah • Limited Public Offering (PUT) III • Issuance of Continuous Subordinated
Bukopin by 86.82% Bonds I Phase I of Bank Bukopin 2012.
54 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 55
2015 2016 2017
• PT Bosowa Corporindo became the • Increased ownership in PT Bank • Initiated the establishment of BNV Labs
controlling shareholder. Syariah Bukopin to 90.67%, and as a startup incubator in the fintech field.
• Issuance of Continuous Subordinated Bukopin Finance to 96.06%. • Launched Wokee digital savings account
Bonds II of Bank Bukopin Phase I of 2015. • Issuance of Bank Bukopin’s 2016 Series to strengthen the Company’s business in
• Increased ownership in PT Bank Syariah B Medium Term Notes I. the digital banking segment.
Bukopin by 89.07%. • Issuance of Bank Bukopin’s Medium • Issuance of Bank Bukopin Continuous
Term Notes in 2016. Subordinated Bonds II Phase II 2017.
2020 2019 2018
• The Company carried out corporate • Launch of a new Vision, Mission and • Implementation of Limited Public Offering
actions in order to strengthen its capital, Corporate Culture, namely I CAN (PUT) IV in order to strengthen the
namely Limited Public Offering V and (Integrity, Competent, Care, Accountable, Company’s capital structure.
Private Placement. Never Give Up). • KB Kookmin Bank is a shareholder of the
• KB Kookmin Bank became the Controlling • Launch of Virtual Interactive Online Company with 22% ownership.
Shareholder of the Company with 67.00% Assistant or VIOLA service • Bank Bukopin launched the Flexy
ownership. • Completing the Flexy Bill bridging Bill service in collaboration with PLN
• Changes in the name and logo of the product line with Flexy Gas, Flexy Health to facilitate electricity payments for
Company as part of the transformation and Invoice Financing. business actors.
process into KB Bukopin.
2021 2022 2023
• The Company has officially obtained the • Commencement of the Next Generation • PT Bank KB Bukopin, Tbk (BBKP) has
rights and permits from the Regulator Banking System (NGBS) project in completed its rights issue on 31 May
regarding the change of brand identity. collaboration with Ernest and Young (EY) 2023, with proceeds of IDR 11.9 trillion.
• The Company uses the latest brand Indonesia as PMO and DXC as master The largest buyer of the rights issue was
identity under the name PT Bank KB contractor Bank KB Kookmin worth IDR 8.02 trillion
Bukopin Tbk as well as the use of the or 80.2 billion shares.
KB Star logo. • Bank KB Bank launched Mobile Banking
• Implementation of Corporate Action ‘KBstar’ to meet customers’ digital
in order to strengthen the Company’s banking service needs.
capital through a Limited Public Offering
VI (PUT VI) and the issuance of bonds.
PT Bank KB Bukopin Tbk Annual Report 2023 55
Page 56
Company Profile
MEMBERSHIP
IN ASSOCIATION
Organization Name Membership Status
Indonesia Corporate Secretary Association (ICSA) Member
PERBANAS Member
Deposit Insurance Agency Member
Prima Network Member
Association of Indonesian Issuers (AEI) Member
Indonesian Payment Systems Association (ASPI) Member
Alternative Dispute Resolution Institute (LASP) Member
Banking Compliance Director Communication Forum (FKDKP) Member
56 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 57
INFORMATION BEHIND
THE BANK’S LOGO
Logo as a means of identity that reflects the character, products and services of a company so that it can convey information
about the company to the public, which a logo has many elements in the form of shape, color, line and type, all of which support
each other to influence the thoughts, views or public opinion of the company.
SIMBOL VISUALISASI
• The KB symbol reflects the company’s ambition to become • Yellow color on the Company’s logo represents the new
a leading financial brand in the Indonesian Financial freshness that KB Kookmin Bank brings.
Industry by strengthening the “Korea Best” branding. • The latest technology and global network support become
• Star-b symbol has star meaning, which shows future the strengths of Bank KB Bank in providing the best
oriented perspective of KB Financial Group and its high financial services for Indonesia.
desire to advance to the world class.
PT Bank KB Bukopin Tbk Annual Report 2023 57
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Company Profile
LINE OF
BUSINESS
In accordance with the Company’s Articles of Association,
3 paragraph 1 the Bank is engaged in the banking services industry.
Business Activities Based on the Latest Articles of Association and Business
2023 Activities Carried Out in
Business Activities Carried Out in
2023
Business Activities Based on the Latest Articles of Association
Not Yet in
In Operation
Operation
Collecting funds from the public in the form of deposits such as demand deposits, time deposits, √ -
certificate of deposits, savings, and/or other forms
Providing Loans √ -
Issuing Debt Certificates √ -
• Buying, selling, or guaranteeing on own risk or for the interest and upon its customer’s √ -
instruction;
• Money orders, including accredited money orders by the Bank in which the validity period is not
longer than the custom of the trade of such papers;
• Debt certificates and other trade papers in which the validity period is not longer than the
custom of the trade of such papers;
• State treasury bills and government guarantee letter;
• Bank Indonesia Certificate (SBI);
• Bonds;
• Commercial papers with maturities of up to 1 (one) year;
• Other marketable securities with validity period of up to 1 (one) year.
Transferring money, both for own interest and for customers’ interest. √ -
Placing funds in, borrowing funds from, or lending funds to other Banks, either by mail, √ -
telecommunication means, or sight draft, check, or other means.
Receiving payments from receivables on securities and performing calculations with or between third √ -
parties.
Providing place to store valuables and securities. √ -
Conducting custodial activities for the benefits of others under a contract. √ -
Performing placement of funds from a customer to another customer in the form of securities not √ -
listed on the stock exchange.
Purchasing through a collateral, either in whole or in part, in the event that the debtor cannot meet its √ -
obligations to the Bank, provided that the purchased collateral must be disbursed immediately.
Performing factoring activities, credit card business, and trustee activities. √ -
Conducting other activities commonly carried out by the Bank provided that they do not conflict with √ -
the applicable laws and regulations.
Performing activities in foreign currencies by meeting the provisions stipulated by Bank Indonesia. √ -
Conducting equity participation in a bank or other company in the field of finance, such as capital √ -
lease companies, venture capital firms, securities companies, insurance companies, as well as
clearing institutions of depository and settlement, by complying with the provisions stipulated by
Bank Indonesia.
Conducting temporary investment to overcome loan defaults, provided that the temporary √ -
investment shall be withdrawn later, by complying with the provisions
58 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 59
The focus of banking services offered by the Company is Loan
divided into three segments, which are the Retail segment, the Loan products are divided based on segments, including:
MSME segment and the Commercial segment. The Company’s
Retail and MSME segments are supported by the Commercial RETAIL
segment as a balance. The entire segment is supported by Retail loan products provided by the Company to Prospective
International Banking, Treasury and fee-based services. Debtors are as follows:
1. Pensioner Loan
Each of these businesses consists of lending activities, raising 2. Pre-Retirement Period (MPP) Loan;
funds, increasing fee-based income and other service activities, 3. Car Ownership Loan;
all of which are carried out in accordance with existing values. 4. Home/Apartment Ownership Loan;
The Company’s business is supported by competent Human 5. Multipurpose Loan(KSG);
Capital (HC), the latest information technology and reliable 6. Back to Back Loans;
risk management and compliance. 7. Credit Card; And
8. Active Civil Servant Credit Products with BPR Channeling.
MSMEs
BANK PRODUCTS AND SERVICES The MSME loan products provided by the Company to
Prospective Debtors are as follows:
The Bank’s business activities include Retail, MSME and A. Generic Product:
Commercial segment products, which consist of various 1. Investment Credit (IP)
products and services, namely savings products, loan products, 2. Working Capital Loan (KMK)
as well as various services which are explained as follows: B. Program Products:
1. Equipment Financing
Deposits 2. SME Mortgage
Deposit products are divided into Current Accounts, Savings 3. Supply Chain Financing which consists of Dealer
and Deposit products, including: Financing, Vendor Financing, Distributor Financing
4. Current Account Loan (PRK)
1. Current account products provided by the Company to 5. Rural Bank Financing (BPR) 5.
customers are as follows: 6. SKBF Fleet Channeling Financing
• Bukopin Rupiah Demand Deposits; And 7. People’s Business Credit (KUR)
• Bukopin Forex Demand Deposits. 8. Swamitra Fixed Capital Loan
9. Non cash loan products: Bank Guarantee, L/C and
2. The savings products provided by the Company to SKBDN
customers are as follows:
• Bukopin KB Standby Savings; COMMERCIAL
• Bukopin Cooperation KB Standby Savings; The commercial loan products provided by the Company to
• Bukopin Plan KB Standby Savings; Prospective Debtors are as follows:
• Bukopin Business KB Standby Savings (Individuals and 1. Working Capital Credit;
Business Entities); 2. Investment Credit; And
• Bukopin Premium KB Alert Savings; 3. Syndicated Credit.
• Bukopin KB Savings on Currency Alert;
• Bukopin Pension KB Standby Savings;
• SIMPLE Savings; OTHER SERVICES
• Wokee Digital Savings; And Fee Based Income
• My Savings. Fee Based Income activities originate from buying and selling
activities (trading) of Treasury products, Public Services,
3. Deposit products provided by the Company to customers Trade Finance, Bank Guarantees, and agency services with
are as follows: increased E-Banking facility services, Cash Management, Credit
• Bukopin Rupiah Deposits; Card Fees, Custodian Services, Management and IT Services
• Bukopin Foreign Currency Deposits; Swamitra and Public Utilities. In line with the development of
• Merdeka Deposits; And banking services, the Company also began selling investment
• Deposits on Call. and wealth management based products. Details regarding Fee
Based Income services are described as follows.
PT Bank KB Bukopin Tbk Annual Report 2023 59
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Company Profile
Trade Finance Services and foreign currency. Transactions are carried out as part of the
The services provided by the Company are to help customers service, and are carried out with other banks as an important part
overcome transaction obstacles with foreign or domestic/ of optimizing buying and selling income for banks in the context
domestic parties due to differences in payment terms, fund of proprietary trading (buying and selling foreign exchange and
transfers and trade regulations between countries. Various securities with other banks and securities).
trade finance service products include:
1. Import Services, in the form of issuing a Letter of Credit Public Service Related Payee Services
(LC) or Letter of Credit with Domestic Documents (SKBDN) Services for accepting payments from the public include
Sight, LC/SKBDN Usance, LC/SKBDN Usanse Payable at payment of electricity bills, water bills, telephone bills, other bills
Sight and LC/SKBDN Usanse Payable at Usance; based on the Company’s collaboration with other companies.
2. Documentary Collection, in the form of Inward Collection
Delivery Documents Against Payment and Outward Electronic Banking (ATM, Internet Banking and
Collection Delivery Documents Against Acceptance; SMS Banking)
3. Export Services, in the form of Assignment of Proceeds, Bill payment services that can be done through various
Discount on LC/SKBDN Notes and Negotiation of LC/ distribution networks including ATM, SMS Banking, Internet
Discount Notes; Banking and Phone Banking, so that customers can carry out
4. Correspondent Banking and Financial Institutions, in the banking transactions whenever and wherever they are.
form of Asset Sales Trade Finance and Banker’s Acceptance;
5. Guarantee, in the form of Demand Guarantee, Shipping Custodial Services
Guarantee and Standby Letter of Credit (SBLC). The services provided are in the form of securities custody
activities for the benefit of another party based on a contract.
This service is provided based on the approval of the Capital
Bank guarantee Markets and Financial Institutions Supervisory Agency
Guarantee facility issued by the Company which results in (Bapepam-LK) dated 3 July 2006. The services provided
an obligation to pay the party receiving the guarantee if through this product are securities storage services, transaction
the guaranteed party defaults. There are several types of settlement, corporate action, proxy and mutual fund custodian
bank guarantee facilities, including bid guarantee (Bid Bond), services.
advance payment guarantee (Advance Payment Bond),
performance guarantee (Performance Bond), maintenance Trustee
guarantee (Maintenance Bond), SP2D guarantee. Services provided by the Company to act on behalf of investors
who hold debt securities. The Company’s trustee services
Cons of Bank Guarantees include trustee services, collateral agent services, paying
Guarantee facility by a third party (credit guarantee institution) agent services and escrow account agent services.
for bank guarantees issued by the Company.
Syndicated Credit Arranger and Agency Services
Special Bank Guarantee Syndicated credit arranger and agency services are provided to
The facility provided by the Company is by issuing a bank customers who require large amounts of financing so that joint
guarantee upon written request from government partner financing (syndication) is required by several banks. Meanwhile,
contractors aimed at guaranteeing payments from the State agency services provide services for the syndicated credit
Treasury Services Office (KPPN). disbursement process and fulfillment of all customer obligations
to the bank as well as the credit administration process
Remittances including storage and binding of collateral documents until
The Company’s services are provided to receive and/or send the syndicated credit is declared complete.
money from and to various corners of the world supported by
Correspondent Banks spread across various countries.
State Deposit Receipt Module (MPN)
Treasury Trading (Buying and Selling Foreign The Company has been appointed by the Ministry of Finance to
Exchange and Securities) provide services for receiving state deposits (tax and non-tax)
The Company provides foreign exchange buying and selling online. The Company does not charge fees for these services,
services in the form of Telegraphic Transfer (TT) and bank notes but benefits from access to funds collected from tax payment
as well as swap and forward contracts. Apart from that, the receipts within a certain period.
Company also provides services for buying and selling securities,
both government debt securities and corporate bonds in Rupiah
60 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 61
Services Via Host to Host System International Banking
The Company has been appointed by the Ministry of Finance to International Banking Services is one of the Company’s
provide services for receiving state deposits (tax and non-tax) mainstay businesses. Improving the quality of services and
online. The Company does not charge fees for these services, developing the International Banking business continues to
but benefits from access to funds collected from tax payment be improved in order to gain customer trust and satisfaction
receipts within a certain period. in export, import and foreign exchange transfer transactions,
which are increasing every year. With its increasing reputation,
Mutual Fund Sales the Company is increasingly able to collaborate with various
The Company can act as a Selling Agent for mutual fund correspondent banks at home and abroad with a total of almost
products and obtain a commission on the net asset value of 600 correspondent banks spread across various big cities and
mutual funds sold through the Company’s distribution network. trade centers in various parts of the world in Asia, America,
Europe and Africa.
Bancassurance Sales International Banking business segmentation for individual
The Company collaborates with PT AIA Financial in selling customers and business entities using the following criteria:
Bancassurance with a Reference sales model to all of the 1. Exporters and importers;
Company’s customers with 2 (two) sales patterns, namely 2. SOEs and their affiliates;
the Inbranch pattern carried out by the appointed Company 3. Non-SOEs business entities (LOEs, PMA, National Private
Branch and the telemarketing pattern carried out by Telesales Groups);
Marketing of PT AIA Financial. 4. Individuals of foreign exchange transfer customers.
This segment has a business scale that is oriented towards
Sales of Government Bonds import-export trade transactions and domestic trade.
The Company is a Selling Agent for Retail State Bonds (ORI)
starting from series 001 in 2006 to series 012 in 2016 and Treasury
Selling Agent for Saving Bond Retail (SBR) series 01 Treasury’s main task is to manage the Company’s liquidity.
Liquidity management is carried out in the context of
Bukopin Priority implementing banking regulations in accordance with the
Bukopin Prioritas is aimed at customers with savings balances rules of the Financial Services Authority (OJK) and Bank
above IDR 500 million. Each Bukopin Prioritas customer is Indonesia (BI) and simultaneously optimizing the Company’s
served by a Relationship Officer who assists the customer liquidity profile. In carrying out its duties, the Treasury Division
in managing their assets. The services offered by Bukopin always coordinates with all business units and supporting
Prioritas include customer management which is packaged units. Coordination carried out includes monitoring customer
in targeted financial planning and can increase profits and a fund movements and the Bank’s internal financial data, as
sense of security for customers. consideration in implementing daily liquidity management
strategies.
Swamitra Collaboration Services
The Company as the manager of Swamitra, which is a The role as liquidity manager is carried out simultaneously
Cooperative Savings and Loans Business Unit, provides with the role as a profit center, namely optimizing interest
operational support in the form of a logo, management system, income from money market and capital market transactions,
technology system (Swasys and SIKM), operational systems as well as non-interest income (fee based income) from buying
and so on. For providing this support, the Company received and selling foreign exchange and securities. Transactions are
management services, partnership services and management carried out mainly with counterparties consisting of BI, other
services. commercial banks, securities and money brokers. Transactions
with customers are carried out as part of the Bank’s services
to the public, especially related to buying and selling foreign
currency, securities, as well as custodian and trustee services.
PT Bank KB Bukopin Tbk Annual Report 2023 61
Page 62
Company Profile
Treasury products and services offered to customers include:
1. Forex buying and selling transactions (Value Today, Tom, Spot, Forward, Swap);
2. Deposit on Call (DOC);
3. Bond trading (government and corporate);
4. Custodial Services (administration of customer securities);
5. Trustee Services.
BUSINESS INNOVATION
1. One KBFG
KB Bank strengthens partnerships with strategic partners of affiliated companies of the KB Financial Group in the financial
sector, including through collaboration in the field of capital market securities with KB Valbury, motor vehicle financing with
Sunindo Kookmin Best Finance, multi-finance services and Co-Location with KB Finansia Multi Finance where the collaboration
This is done to improve complete financial services for customers. Through various collaborations with affiliated companies,
KBFG is expected to encourage KB Bank to provide integrated services in the future with one stop financial service.
2. Social Bond
KB Bank is a pioneer in social bonds as a private bank in Indonesia, where KB Bank has gained trust as the first bank in
Indonesia to obtain a social bond worth US$300 million or the equivalent of IDR 4.41 trillion from a member of the World
Bank Group, the International Finance Corporation (IFC). These social bonds are dedicated to funding social initiatives
that focus on dealing with the socio-economic impacts resulting from Covid-19 and financing in social segments, such as
MSMEs, affordable housing, health care, education and infrastructure. As the Bank’s commitment to supporting Social and
Environmental Affairs, KB Bank also established an Environmental, Social and Government (ESG) unit to increase cooperation
and support ESG implementation at KB Bank.
3. Supply Chain
The Bank encourages the development of the Supply Chain Financing business to support the Bank’s business growth by
building and maintaining relationships with large companies as Anchors and Spokes (Dealers/Suppliers). The Bank launched
the Dealer Financing product in February 2022 and is in the development stage for the Vendor Financing product.
62 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 63
BUSINESS NETWORK AND
BANK OPERATING AREAS
The Bank’s business network and operational areas in the last 5 (five) years are as follows:
Office Type 2023 2022 2021 2020 2019
Operational Head Office 1 1 1 1 1
Branch Office 29 41 42 42 42
Sub-Branch Office
143 231 310 173 176
Functional Office 1 3 4 9 9
-
Cash Office*) - - 169 156
Payment Point *) - - - 25 25
ATM 11 359 673 850 834
*) Adjustment to POJK 12 that as of October 2021 there are no Cash Office and Payment Point status
PT Bank KB Bukopin Tbk Annual Report 2023 63
Page 64
Company Profile
BANK'S VISION, MISSION
AND CULTURAL VALUES
The Bank has established a vision and mission which is used as a reference for the
direction of business development. The Company’s Vision and Mission are established
through Board of Commissioners Decree No. SKEP/001/D.KOM/VII/2013 concerning
Completion of the Vision and Mission of PT Bank Bukopin Tbk, dated 9 July 2013 and
Directors’ Decree No. SKEP/634/DIR/VII/2013 dated 10 July 2013 which has been
amended in accordance with Directors’ Decree No. 1092 dated 24 June 2019 as follows:
Becoming the First Choice
Vision Financial Institution in
Indonesia.
Mission Understanding and Providing
Solutions to Customers.
REVIEW OF THE COMPANY'S VISION AND MISSION
The Board of Commissioners and Directors always review the Vision
and Mission that have been established by the Company. This review
is carried out to ensure that the Company’s Vision and Mission are still
relevant to business developments, stakeholder needs and the direction
of competition between financial services business actors. Management
has reviewed the Bank’s vision and mission by paying attention to
organizational developments and management considers it necessary to
update the current vision and mission.
64 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 65
BANK CULTURAL VALUES
KB Bank’s culture is the values and philosophy that
are believed to be the foundation and reference for
achieving goals. The values of Company I CAN which
have been ratified in accordance with Directors’ Decree
No. 1092 of 2019, among others, are as follows:
Integrity It is interpreted as prioritizing honesty, discipline and committed to build
customer trust. The main behavior that goes along with this value:
• Honest
• Discipline and Committed
Competent Defined as being proficient in carrying out tasks and making continuous
improvements to always be the best. The main behavior that goes along
with this value:
• Quick learner
• Continuous improvement and refinement
Care Defined as caring and synergy for mutual progress. The main behaviors
that are in line with this value:
• Sincere/empathy & caring
• Synergy/cooperation
Accountable Defined as taking full responsibility and mastering the work to achieve
the best results. The main behavior that goes along with this value:
• Responsible
• Mastering the task
Never Give Up Defined as being able to think “out of the box” and never give up in the
face of challenges and obstacles to achieve the best results. The main
behavior that goes along with this value:
• Never give up
• Thinking “out of the box”
I CAN’s Corporate Values are expected to be
implemented in daily behavior by all levels of
management and employees in the Company to realize
the Company’s vision and mission.
PT Bank KB Bukopin Tbk Annual Report 2023 65
Page 66
Company Profile
ORGANIZATION
STRUCTURE GENERAL MEETING
OF SHAREHOLDERS
BOARD OF
The Bank’s Organizational Structure as of 31 COMMISIONERS
December 2023, has been stipulated through
Directors Decree No. 110 dated 30 September
2022 as attached below. PRESIDENT
DIRECTOR
VICE PRESIDENT
DIRECTOR
Retail Business & SME Wholesale
Credit
Services Business
MSME Product & Wholesale Special Asset
Corporate Relation Retail Product Sales Distribution Credit Underwriting
Business Support Business Management
Credit Regional
Secured Loan Regional Office SME Product Wholesale Funding SAM I
Center (CRC)
SME Portofolio Retail Credit Center SPC I
Unsecured Loan Branch Office Wholesale Lending
& Support (RCC) Management
Deposit Product, Retail Business Wholesale Credit SPC II
Swamitra Korean Link Business
WM & Cards Specialist Analyst Management
Branch SME
Service & Transaction Korean Link Credit Support
Performance Sales Specialist Bulk Auction
Business
Management
& Marketing
Communication
Payment,
DPD & Portofolio AYDA/WO
Electronic & Card New Business Solution
Management Asset Sale
Operation
Wholesale Biz
Insurance Development & SAM II Wholesale
New Biz Solution
Customer
SAM Wholesale
Experience &
I&II
Development
SAM III Wholesale
SAM Restructuring
SAM Wholesale
& Performance SAM V Retail SAM IV SME
III&IV
Management Dept.
Retail Collection SAM SME Region I
SAM Channeling,
SAM SME Region
Join Financing &
II-III
Swamitra
SAM SME Region
IV-V
66 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 67
REMUNERATION &
NOMINATION COMMITTEE
RISK MONITORING
COMMITTEE
AUDIT COMMITTEE
GOVERNANCE OF FINANCIAL
CONGLOMERATION
INTEGRATED COMMITTEE
Compliance & Risk Finance Strategy IT & Digital
Treasury &
Compliance & QA Corporate Strategy Internal Audit Human Capital IT Planning & Operation Digital
International Banking
Corporate Strategy
HQ, IT & Subsidiary HC Business IT Planning & Digital Business &
Quality Assurance Treasury & Subsidiary
Audit Partner Customer First Ecosystem
Management
Capital Market Digital
Compliance Policy Professional IT Operation &
Service & Financial Channel Strategy Talent Acquisition Development &
& GCG Practices Structure
Institution Solution
Anti Money Procurement & Branch & Regional
Finance IT Development IT Security
Laundering Asset Management Audit
IT Digital &
Corporate Legal & Financial Planning Transformation Enterprise
Litigation
Development
Management Strategic Anti Fraud & Special Core System
Risk Management Information System Partnership Investigation Development
Credit Risk Transformation Corporate
Management Accounting & Tax Office & PMO Communication
Enterprise Risk Financial Corporate
Management Management Secretary
Board of
Operational & TI
Commissioners
Risk Management
Secretary
PT Bank KB Bukopin Tbk Annual Report 2023 67
Page 68
Company Profile
PROFILE OF BOARD
OF COMMISSIONERS
Throughout 2022, until this Annual Report was signed, there
has been several changes to the composition of the Board of
Commissioners. The profiles of the Board of Commissioners
serving as of 31 December 2022, until this Annual Report is
signed, are as attached below.
Jerry Marmen
President Commissioner
Age 59 years old
Nationality Indonesia
Domicile Jakarta, Indonesia
Legal Basis of the First Appointment Deed of GMS Resolution No. 27 dated 08 December 2021
Legal Basis of the Recent Appointment (Period 2021-Annual GMS 2024)
Education Background Doctor of Philosophy at the Australian National University in 2012
Work Experience • Assistant to the Special Staff of the President of the Republic of Indonesia (Economic
Affairs)
• Head of the Governance, Risk, and Compliance Professional Certification Agency
(Governance, Risk, and Compliance): LSP TRK/LSP GRC
• Head of Supervisory Board of Risk Management Certification (BSMR)
• Strategic Advisor & Senior Partner, Korn Ferry (Hay Group) Indonesia
• Strategic Advisor and Senior Partner at PT Sucofindo Prima Internasional Consultant
• Chairman of the Indonesian Association for Competency Development in Financial Service
Industry
• Secretary General IPA-GRC (Indonesian Professional Association for Governance, Risk, and
Compliance)
• President Commissioner of PT Proteksi Antar Nusa
• Commissioner of PT Proteksi Antar Nusa (Insurance Brokerage)
• Vice Chancellor of Perbanas School of Economics (PERBANAS Institute)
Certifications Level 5 Risk Management Certification
Concurrent Position None
Share Ownership in the Company None
Affiliate Relations None
68 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 69
Seng Hyup Shin*) Nam Hoon Cho*)
Vice President Commissioner Vice President Commissioner (Independent)
Age 53 years old Age 56 years old
Nationality Korea Selatan Nationality Republic of Korea
Domicile Jakarta, Indonesia Domicile Seoul, Republic of Korea
Legal Basis of the First Deed of Extraordinary GMS Decision No. Legal Basis of the First Deed of GMS Resolution No. 29 dated 8
Appointment 67 dated August 25, 2020 Appointment July 2021
(Period 2024-Extraordinary GMS 2024) (Period 2021-Extraordinary GMS 2024)
Legal Basis of the Deed of Extraordinary GMS Decision No. Legal Basis of the Deed of GMS ResolutionNo. 27 dated 8
Recent Appointment 57 dated January 24, 2024 Recent Appointment December 2021
(Period 2024-GMS 2027) (Period 2021- Extraordinary GMS 2024)
Education Background • Bachelor of Administration in Education Background Bachelor of Economics at Sungkyunkwan
Administration, KyungPook National University in 1994
University (1995)
• Master of Administration in Work Experience • Global Business Group - Head of Global
Business Group KB Kookmin Bank
Administration, KyungPook National
(2021-now)
University (1997)
• Global Strategy Department - Chief
Work Experience • Finance Director of KB Bank (2020- Global Startegy Officer KB Financial
Group (2018-2020)
2024)
• Global Business Department - Managing
• Team Manager, KB Financial Group
Director KB Securities (2016-2018)
(2014-2016) • Management Support Dept. - Managing
• Senior Deputy General Manager, KB Director KB Investment & Securities
Financial Group (2017) (2015-2016)
• General Manager, KB Financial Group • Global Sales Department - Managing
(2018- 2020) Director Daewoo Securities (2013-2015)
Certifications • Level 5 Risk Management Certifications Risk Management Certification Lv. 1
Certification Commissioner
Concurrent Position None Concurrent Position Global Business Group - Head of Global
Business Group KB
Share Ownership in the 2,300,000 (0.0012241%)
Kookmin Bank (2021-now)
Company
Share Ownership in the None
Affiliate Relations None
Company
*) Appointed as Deputy President Commissioner as of 24 January 2024, and has been effective
since being appointed by the Bank after fulfilling all the requirements stipulated in POJK No. Affiliate Relations None
27/POJK.03/2016; POJK No. 37/POJK.03/2017 and/or other applicable laws and regulations.
*) No longer serves as Deputy President Commissioner as of January 24, 2024.
PT Bank KB Bukopin Tbk Annual Report 2023 69
Page 70
Company Profile
Nanang Supriyatno Tippy Joesoef
Commissioner Independent Commissioner
Age 54 years old Age 59 years old
Nationality Indonesia Nationality Indonesia
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of GMS ResolutionNo. 67 dated 25 Legal Basis of the First Deed of Extraordinary GMS Decision
Appointment August 2020 Appointment No. 13 dated 22 December 2020 (Period
(Period 2020-GMS Fiscal Year 2024) 2020-GMS Fiscal Year 2024)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background Bachelor’s degree in Accounting from Education Background Bachelor’s degree in Economics from the
Jenderal Soedirman University in 1993 Bandung College of Economics (STIEB) in
1990
Work Experience • President Director of PT Satu Gen
Indonesia (2020-Present) Work Experience • Independent Audit Committee,
• Deputy Chief Executive Officer PT American International Assurance
Bosowa Property Group (2017-2022) (AIA) Financial (2019-Present)
• Director of Internal Audit Bosowa • Chief GRC, Fazz Financial Group
Group (2013-2022) (2019-2022)
• President Director of PT Bosowa • Executive Director- Country Risk
Beton Indonesia (2015-2018) Management Head, UOB Indonesia
• Director of Risk Management PT (2013-2016)
Semen Bosowa Maros (2015-2017) • SVP Global Consumer Group,
• Problem Loans Recovery and Citibank NA (2013)
Restructuring PT Bank Mandiri • SVP Risk Management, Bank
(Persero) Tbk (1994-2013) Danamon (2011-2012)
• Head of Country Operational Risk
Certifications Risk Management Certification Lv. 1 Management, Basel 2 and Enterprise
Commissioner Risk Management – Maybank (2005-
Concurrent Position President Director of PT Satu Gen 2011)
Indonesia (2020-Now) • Head of Compliance for Consumer
& Commercial Banking, ABN AMRO
Share Ownership in the None Bank (1999-2005)
Company • Credit Operations Manager, Standard
Chartered Bank (1991-1999)
Affiliate Relations None
Certifications Level 4 Risk Management Certification.
Concurrent Position None
Share Ownership in the None
Company
Affiliate Relations None
70 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 71
Hae Wang Lee Stephen Liestyo
Independent Commissioner Independent Commissioner
Age 55 years old Age 60 years old
Nationality South Korea Nationality Indonesia
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of Extraordinary GMS Decision No. Legal Basis of the First Deed of GMS ResolutionNo. 29 dated 8
Appointment 67 dated 25 August 2020 (Period 2020- Appointment July 2021
GMS Fiscal Year 2024) (Period 2021-GMS 2024)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background • Bachelor’s degree in Law from Education Background Masters in International Marketing, IPMI
Yonsei University in 1991 International Business School, Jakarta in
• Masters in Law from Yonsei 2002
University in 1998
Work Experience • President Commissioner of PT Sol
Work Experience • Member of Board of Directors Mitra Fintec, January 2016 - July
Korean Association of Indonesia 2021
(2020-present) • President Commissioner of PT
• President Director LEENOH Prismalink International, January
Consulting Indonesia (2019-present) 2014 - August 2021
• Foreign Lawyer MR&Partners Law • Independent Commissioner of PT.
Firm at Jakarta (2015-2019) Indonesian Commercial KiosOn,
• Lawyer at APEX LLC Head of February 2018 - April 2019
Jakarta Apex Office (2011-2014) • President Commissioner of PT
• Lawyer at Law Firm C&K, LEX, APEX Wahana Ottomitra Multiartha (WOM
(2006-2011) Finance), April 2010 - April 2015
• Director of Consumer Banking PT.
Certifications Risk Management Certification Lv. 2 Bank Maybank Indonesia Tbk, April
Commissioners 2009 - January 2013
Concurrent Position • Member of Board of Directors • Commissioner of BCA Finance
Korean Association of Indonesia (2000-2009)
(2020-present) Certifications Level 2 Risk Management Certification
• President Director LEENOH
Consulting Indonesia (2019-present) Concurrent Position None
Share Ownership in the None Share Ownership in the None
Company Company
Affiliate Relations None Affiliate Relations None
PT Bank KB Bukopin Tbk Annual Report 2023 71
Page 72
Company Profile
Sukriansyah S. Latief Eugene K Galbraith
Komisaris Independen Independet Commissioner
Age 54 years old Age 71 years old
Nationality Indonesia Nationality United States
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of GMS ResolutionNo. 27 dated 08 Legal Basis of the First Deed of GMS ResolutionNo. 27 dated 08
Appointment December 2021 Appointment December 2021
(Period 2021-GMS 2024) (Period 2021-GMS 2024)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background Doctor of Law, Hasanudin University in Education Background PhD Anthropology Economics from John
2009 Hopkins University in 1983
Work Experience • Special Staff of Vice President, Vice Work Experience • Director PT Sarana Menara
Presidential Palace (2019-present) Nusantara (2020-present)
• Commissioner of PT Pelindo Jasa • Senior Advisor Bank Pictet & Cie
Maritim (2021–2022) (Asia) Ltd, Singapore (2019-2021)
• Commissioner of PT Media Fajar • Senior Advisor, McKinsey and
Holding Company (2015- 2022) Company (2019-2021)
• Lecturer at Fajar Educational • Deputy President Director Bank
Foundation of Ujungpandang Central Asia [IDX: BBCA] (2011-2019)
(1998-present) • President Commissioner Bank
• Commissioner of PT Pelindo IV Central Asia [IDX: BBCA] (2002-2011)
Makassar (2021) • Deputy President Commissioner
Bank OCBC NISP (1998-2006)
Certifications Level 2 Risk Management Certification.
Certifications Risk Management Certification Lv. 1
Concurrent Position • Special Staff of Vice President Vice Commissioner
President’s Palace (2019-present)
• Lecturer at the Fajar Educational Concurrent Position Director of PT Sarana Menara Nusantara
Foundation of Ujungpandang (2020-present)
(1998-present)
Share Ownership in the None
Share Ownership in the None Company
Company
Hubungan Afiliasi None
Hubungan Afiliasi None
72 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 73
STATEMENT OF INDEPENDENCE
OF INDEPENDENT
COMMISSIONERS
During their tenure, all Independent Commissioners have fulfilled the
independent criteria as regulated in the applicable regulations and
have been included in a statement letter signed by each Independent
Commissioner.
An Independent Commissioner who has served for two terms of office
can be reappointed in the next period as long as the Independent
Commissioner declares that he or she remains independent to the GMS.
However, since the enactment of OJK Regulation no. 55/POJK.03/2016
concerning the Implementation of Governance for Commercial Banks,
there are no Independent Commissioners who have served more than
two consecutive terms of office.
PT Bank KB Bukopin Tbk Annual Report 2023 73
Page 74
Company Profile
DIRECTORS
PROFILE
Throughout 2023, there will be one change in the composition
and composition of the Board of Directors based on
the Resolution of the Extraordinary General Meeting of
Shareholders (EGMS) held on January 31, 2023, and until
this Annual Report is signed, there will be changes to the
composition and composition of the Board of Directors based
on the Resolution of the Extraordinary General Meeting of
Shareholders (EGMS) held on 24 January 2024. The profile of
the Directors who served as of December 31 2023 and who
served until the Report This annual signature is as attached
below.
Woo Yeul Lee
President Director
Age 59 years old
Nationaliity Republic of Korea
Domicile Jakarta, Indonesia
Legal Basis of the First Deed of EGMS Resolution No.37 dated 25
Appointment May 2022
(Period 2022-GMS 2025)
Legal Basis of the -
Recent Appointment
Education Background • Bachelor’s degree in Agricultural
Economics from Korea University in
1998
• Master of International Economics
from Korea University in 1990
Work Experience • Senior Executive Vice President &
Chief Information Technology Officer
KB Financial Group (2020)
• Senior Executive Vice President &
Chief Human Resource Officer KB
Financial Group (2021)
• Senior Executive Vice President &
Chief Strategy Officer KB Financial
Group (2022)
Work Experience Level 5 Risk Management Certification
Concurrent Position None
Share Ownership in KB 8,500,000 (0.0045 240%)
Bank
Affiliate Relations None
74 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 75
Robby Mondong Helmi Fahrudin
Vice President Director Director of Operation
Age 55 Tahun Age 48 years old
Nationaliity Indonesia Nationaliity Indonesia
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of GMS Resolution No. 29 dated July Legal Basis of the First Deed of resolution of GMS No. 67 dated
Appointment 8, 2021 (Period 2021-Year 2024) Appointment August 25, 2020 (Period 2021-Year 2025)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background • Degree in Finance and Banking, Education Background • Diploma (D-3) in Accounting
National University San Diego CA Economics, STIE Yogyakarta, (1997)
USA (1992) • Bachelor’s degree in Accounting
• MBA Degree in Marketing, Woodbury Economics, Indonesian Christian
University Burbank CA USA (1993) University, (2003)
Work Experience • SEVP Head of Sales and Distribution Work Experience • Head of Corporate Strategic Planning
PT Bank CIMB Niaga Tbk Agustus Division (Executive Officer) PT Bank
2019 – Juni 2021 Bukopin Tbk, (2018-2019)
• EVP Head of Sales and Distribution • Head of SKAI (Executive Officer) PT
PT Bank CIMB Niaga Tbk Oktober Bank Bukopin Tbk (2019-2020)
2015 - Agustus 2019 • Member of the Supervisory Board,
• SVP Head of Sales and Distribution Bank Bukopin Pension Fund (2016-
PT Bank CIMB Niaga Tbk Juni 2013 - 2020)
September 2015
Work Experience Level 5 Risk Management Certification
Work Experience Level 5 Risk Management Certification
Concurrent Position None
Concurrent Position None
Share Ownership in KB 482.951 (0,0002570%)
Share Ownership in KB 1,107,000 (0.0005892%) Bank
Bank
Affiliate Relations None
Affiliate Relations None
PT Bank KB Bukopin Tbk Annual Report 2023 75
Page 76
Company Profile
Dodi Widjajanto Yohanes Suhardi
Director Director
Age 57 years old Age 58 years old
Nationaliity Indonesia Nationaliity Indonesia
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of GMS Resolution No. 67 dated 25 Legal Basis of the First Deed of GMS Resolution No. 29 date 8
Appointment August 2020 Appointment July 2021
(Period 2020-GMS 2024) (Period of 2021-GMS 2024)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background • Bachelor’s degree in Economics and Education Background • Bachelor of Economics,
Development Studies, Sebelas Maret Management, Tarumanegara
University, (1990) University (1998)
• Master of Management in • MBA Degree in Finance Oklahoma
Agribusiness, Bogor Agricultural University, USA, (1990)
Institute, (2002)
Work Experience • Commissioner, PT Sahabat Financial
Work Experience • General Manager Hong Kong Branch Keluarga (2014-2021)
Office PT Bank Negara Indonesia • EVP National Head SME Banking, PT
(Persero) Tbk Hong Kong Branch Bank Permata Tbk (2013-2021)
Office (2016-2018) • SVP National Head SME Credit, PT
• Regional Office Leader, PT Bank Bank Permata Tbk (2007-2013)
Negara Indonesia (Persero) Tbk • VP Commercial & Corporate Team
Palembang Regional Office (2018- Leader, PT Bank OCBC Indonesia
2020) (2004-2007)
• Regional Office Leader, PT Bank
Negara Indonesia (Persero) Tbk Work Experience Level 5 Risk Management Certification
Bandung Regional Office (2020) Concurrent Position None
Work Experience Level 5 Risk Management Certification Share Ownership in KB 574.800 (0,0003059%)
Concurrent Position None Bank
Share Ownership in KB 1.000.088 (0,0005323%) Affiliate Relations None
Bank
Affiliate Relations None
76 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 77
Henry Sawali Young Eun Moon*)
Director Director of IT
Age 55 years old Age 58 years old
Nationaliity Indonesia
Nationaliity Republic of Korea
Domicile Jakarta, Indonesia
Legal Basis of the First Deed of GMS Resolution No. 27 dated 08 Domicile Seoul, Korea Selatan
Appointment December 2021
(Period 2021-GMS 2024) Legal Basis of the First Deed of GMS Resolution No. 27 dated 08
Appointment December 2021
Legal Basis of the -
(Period 2022-GMS 2025)
Recent Appointment
Legal Basis of the -
Education Background • Bachelor Degree in Finance,
Recent Appointment
California State University – Fresno
(1986) Education Background • Bachelor in Public Administration,
• Masters Degree in Business Yonsei University (1992)
Administration, National University of • Master of Public Administration
San Diego USA (1992) Yonsei Unversity, Korea (1993)
Work Experience • Head of Commercial and MSME Work Experience • General Manager (Digital Strategy
Banking Credit PT Bank CIMB Niaga Department KB Kookmin Bank (2018-
Tbk (2017-2022) 2019)
• Senior Manager – SCO for Indonesia • General Manager (Future IT
PT Bank ANZ Indonesia (2016-2017) Implementatin Department KB
• Senior Vice President – Head of Kookmin Bank (2019)
Corporate Credit Risk, PT Bank • CISO / Managing Director
OCBC NISP Tbk (2010-2016) (Information Security Division) KB
Work Experience Level 5 Risk Management Certification Kookmin Bank (2020)
Concurrent Position None Work Experience Level 5 Risk Management Certification
Share Ownership in KB 200,000 (0.0001064%)
Concurrent Position None
Bank
Affiliate Relations None Share Ownership in KB None
Bank
Affiliate Relations None
*) Effective in office as determined by the Bank after fulfilling all requirements
stipulated in POJK No. 27/POJK.03/2016; POJK No. 37/POJK.03/2017 and/or
other applicable laws and regulations.
PT Bank KB Bukopin Tbk Annual Report 2023 77
Page 78
Company Profile
Jang Hyuk Im *) Jung Ho Han*)
Direktur Direktur
Age 48 years old Age 52 years old
Nationaliity Republic of Korea Nationaliity Republic of Korea
Domicile Jakarta, Indonesia Domicile Jakarta, Indonesia
Legal Basis of the First Deed of Extraordinary GMS Decision No. Legal Basis of the First Deed of Extraordinary GMS Decision No.77
Appointment 57 dated January 24, 2024 Appointment dated January 31, 2023
(Period 2024-GMS 2027) (2023 Period- GMS of 2026)
Legal Basis of the - Legal Basis of the -
Recent Appointment Recent Appointment
Education Background Master of Business Administration, Education Background Master of Science Management
Korea Advanced Institute of Science and Engineering, Korea Advanced Institute of
Technology (2002) Science and Technology (2002)
Work Experience • Director, Real Estate Finance Work Experience • Chief Financial Officer / General
Department.2, KB Securities Co., Ltd Manager, KB Securities Co., Ltd.
2021-2023) 2017-2022)
• Team Head, Financial Planning • Team Leader / Associate, KB
Department, KB Financial Group Financial Group Inc. (2008-2017)
(2016-2021) • Associate of Strategic Planning
• Senior Vice President, Strategic Department / Branch, KB Kookmin
Planning Department, Hyundai Bank (1999-2006)
Securities (2014-2016)
Work Experience Level 5 Risk Management Certification
Work Experience -
Concurrent Position None
Concurrent Position None
Share Ownership in KB None
Share Ownership in KB None Bank
Bank
Affiliate Relations None
Affiliate Relations None
*) Appointed as Director of the Bank as of 24 January 2024, and will be effective *) Appointed as Director of the Bank as of January 31, 2023 and effectively
as determined by the Bank after fulfilling all the requirements stipulated in POJK served as determined by the Bank after fulfilling all the requirements stipulated in
No. 27/POJK.03/2016; POJK No. 37/POJK.03/2017 and/or other applicable laws POJK No. 27/POJK.03/2016; POJK No. 37/POJK.03/2017 and/or other applicable
and regulations. laws and regulations.
78 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 79
Jim Bum Kim* Seng Hyup Shin*)
Director Director of Finance
Age 54 years old Age 53 years old
Nationaliity South Korea
Nationaliity Republic of Korea
Domicile Jakarta, Indonesia
Domicile Seoul, Republic of Korea Legal Basis of the First Deed of GMS Resolution No. 67 dated 25
Appointment August 2020
Legal Basis of the First Deed of GMS Resolution No. 70 Dated 29 (2020 Fiscal Year Period-2024
Appointment March 2022 Extraordinary GMS)
(Period 2022-GMS 2025)
Legal Basis of the -
Legal Basis of the - Recent Appointment
Recent Appointment
Education Background • Bachelor of Administration in
Education Background • Bachelor in Economics, Hankuk Administration, KyungPook National
University of Foreign Studies (1996) University (1995)
• MBA Finance & Investment George • Master of Administration in
Washington University, USA (1998) Administration, KyungPook National
University (1997)
Work Experience • Deputy General Manager of Work Experience • Team Manager, KB Financial Group
Corporate Banking KB Kookmin Bank (2014-2016)
in Jongro Branch (2018) • Senior Deputy General Manager, KB
• Team Head of Corporate Banking in Financial Group (2017)
Branch KB Kookmin Bank (2021) • General Manager, KB Financial Group
• General Manager, Global Business (2018- 2020)
Department KB Kookmin Bank (2022)
Work Experience Level 5 Risk Management Certification
Concurrent Position None
Work Experience Level 5 Risk Management Certification
Share Ownership in KB 2,300,000 (0.0012241%)
Concurrent Position None Bank
Affiliate Relations None
Share Ownership in KB None
*) No longer serves as Finance Director as of 24 January 2024, due to being
Bank
appointed as Bank Commissioner as of 24 January 2024
Affiliate Relations None
*) No longer serves as Bank Director as of January 31, 2023
PT Bank KB Bukopin Tbk Annual Report 2023 79
Page 80
Company Profile
PROFILE OF SENIOR
EXECUTIVE OFFICERS
LILIK PANGESTU IRAWAN BARNAS BUDHI DHARMA
CHIEF DIVIWION SAM I HEAD OF WHOLESALE DIVISION SAM II HEAD OF WHOLESALE DIVISION SAM III
Age: 58 years old Age: 50 years old Age: 51 years old
Domicile: Jakarta Domicile: Jakarta Domicile: Jakarta
In office since: 1 October 2023 In office since: 1 October 2023 In office since: 16 September 2020
Last education: Postgraduate Master’s Degree Last education: Bachelor’s degree Last education: Postgraduate Master’s Degree
University: National University University : Padjadjaran University University: Bogor Agricultural Institute
DRS. RIDWAN W. JULIANTO HANDOJO WIDODO HAN MING
HEAD OF SME DIVISION SAM IV HEAD OF RETAIL DIVISION SAM V PLT. HEAD OF CREDIT
GUARANTEE DIVISION
Age: 56 years old Age: 58 years old Age: 39 years old
Domicile: Jakarta Domicile: Jakarta Domicile: Jakarta
In office since: 28 August 2023 In office since: 29 September 2023 In office since: 1 October 2023
Last education: Bachelor’s degree Last education: Bachelor’s degree Last education: Bachelor’s degree
University: Padjadjaran University University: University of Surabaya University: Maranatha Christian University
GAMARIDHA AKHIRUL AR ROBY ENDRAMA PURBA STEVEN EDWARD RIRIHENA
PLT. HEAD OF HUMAN HEAD OF INTERNAL SALES DISTRIBUTION
CAPITAL DIVISION AUDIT DIVISION DIVISION HEAD
Age: 42 years old Age: 43 years old Age: 43 years old
Domicile: Jakarta Domicile: South Tangerang, Banten Domicile: Jakarta
In office since: 27 February 2023 In office since: 01 Feb 2022 In office since 1 November 2023
Last education: Postgraduate Last education: Bachelor’s degree Last education: Bachelor’s degree
Master’s Degree University: Airlangga University Univ: Sanata Dharma University
University: Parahyangan Catholic University
80 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 81
FEISEL MARTHA TUTWURI ANGGARWANI. K ZICO HERNAWAN
WHOLESALE BUSINESS INTERNAL CONTROL DIVISION HEAD CONSUMER PRODUCT DIVISION HEAD
DIVISION HEAD
Age: 57 years old Age: 49 years old Age: 39 years old
Domicile: Jakarta Domicile: Jakarta Domicile: East Jakarta
In office since: 1 September 2021 In office since: 1 December 2020 In office since: 1 Jul 2022
Last education: Postgraduate Master’s Last education: Bachelor’s degree Last education: Postgraduate Master’s Degree
Degree Univ: Pancasila University Univ: Bogor Agricultural Institute
Univ: Institute of Business Law and
Management
HUSNUL KHATIMAH AGUSTINUS IWAN CHRISTANTO HARIS BUDIMAN
PLT. MSME PRODUCT & BUSINESS SUPPORT CORPORATE STRATEGY IT DEVELOPMENT
DIVISION HEAD DIVISION HEAD DIVISION HEAD
Age: 44 years old Age: 53 years old Age: 41 years old
Domicile: Jakarta Domicile: Jakarta Domicile: Jakarta
In office since: 23 June 2023 In office since 16 September 2020 In office since 16 September 2020
Last education: Bachelor’s degree Last education: Postgraduate Master’s Last education: Postgraduate Master’s Degree
Univ: Bandung Institute of Technology Degree Univ: Bogor Agricultural Institute
Univ: Airlangga University, Surabaya
DICKY PRIHANTANA SAR I GUSTI AYU N. RAI DAVID SURYANA DIPUTRA
SERVICE TRANSACTION REGIONAL HEAD I REGIONAL HEAD II
DIVISION HEAD
Domicile: Jakarta Age: 47 years old Age: 52 years old
In office since 16 September 2020 Domicile: Jakarta Domicile: Semarang
Last education: Postgraduate Master’s Degree In office since 1 October 2021 In office since 1 November 2023
Univ: Lambung Mangkurat University Last education: Bachelor’s degree Last education: Bachelor’s degree
Univ: Univ. Catholic Eidya Mandala Surabaya Univ: Ibek Pangkal Pinang College of
Economics, Gerunggang
PT Bank KB Bukopin Tbk Annual Report 2023 81
Page 82
Company Profile
VICTOR PANDAPOTAN MARPAUNG DIDI SUDIRA
REGIONAL HEAD III REGIONAL HEAD IV
Age: 49 years old Age: 49 years old
Domicile: Medan Domicile: Surabaya
In office since 27 February 2023 In office since 1 November 2023
Last education: Postgraduate Master’s Degree Last education: Bachelor’s degree
Univ: Prasetiya Mulya University Univ: YPKP College of Economics, Bandung
EKO BRAMANTYO KANGHYEON LEE
FINANCE DIVISION HEAD DIGITAL DEVELOPMENT & SOLUTION
DEPARTMENT HEAD
Age: 50 years old Age: 43 Years
Domicile: East Jakarta Domicile: Jakarta
In office since 16 Nov 2022 In office since 1 October 2022
Last education: Postgraduate Master’s Degree Last education is Bachelor of Business Administration
Univ: Gadjah Mada University Yogyakarta Univ: Hanyang University
82 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 83
EMPLOYEE
DEMOGRAPHICS
As of 31 December 2023, KB Bank has 2,618 employees, a decrease of 22.41% compared to the number of employees as of 31
December 2022 which was 3,374 employees. This decrease was more caused by office closures and employee resignations
at their own request.
Number of Employees by Organizational Level
Table of Number of Employees by Organizational Level for the 2022-2023 Period
(in person units)
2023 2022
Organization
Level Male Female Total % Male Female Total %
Division Head 15 2 17 0.65% 10 3 13 0,39%
EVP SVP
Regional Head 3 1 4 0.15% 5 1 6 0,18%
SVP REG BISNIS
Dept Head 53 10 63 2.41% 51 8 59 1,75%
VP
Branch Manager 29 6 35 1.34% 51 6 57 1,69%
Manager 296 122 418 1.34% 325 131 456 13,52%
Coordinator 108 112 220 8.40% 142 145 287 8,51%
Officer 430 317 747 28.53% 590 408 998 29,58%
Clerical 570 544 1.114 42.55% 680 801 1.481 43,89%
Non Staff 0 0 0 0 17 0 17 0,50%
Total 1.504 1.114 2.618 100,00% 1.871 1.503 3.374 100,00%
Number of Employees based on Education Level
Table of Number of Employees by Education Level for the 2022-2023 Period
(in person units)
2023 2022
Level of
Education
Male Female Total % Male Female Total %
SENIOR HIGH 8 6 14 0.53% 34 15 49 1,45%
SCHOOL
Diploma – 1.375 1.057 2.432 92.90% 1.727 1.448 3.175 94,10%
Bachelor
Postgraduate – 121 51 172 6.57% 110 40 150 4,45%
Doctorate
Total 1.504 1.114 2.618 100,00% 1.871 1.503 3.374 100,00%
PT Bank KB Bukopin Tbk Annual Report 2023 83
Page 84
Company Profile
Number of Employees based on Employment Status
Table of Number of Employees based on Employment Status for the 2022-2023 Period
(in person units)
2023 2022
Employment
Status
Male Female Total % Male Female Total %
1.247 917 2.164 82.66% 1.597 1.236 2.833 83,97%
Permanent
Employees
257 197 454 17.34% 274 267 541 16,03%
Permanent
Employees
(Contract)
Total 1.504 1.114 2.618 100,00% 1.871 1.503 3.374 100,00%
Number of Employees by Age Range
Table of Number of Employees by Age Range for the 2022-2023 Period
(in person units)
2023 2022
Age Range
Male Wanita Total % Male Female Total %
20-24 years old 73 100 173 6.61% 54 92 146 4,33%
25-29 years old 258 322 580 22.15% 330 460 790 23,41%
30-34 years old 386 264 650 24.83% 490 390 880 26,08%
35-39 years old 341 188 529 20.21% 431 246 677 20,07%
40-44 years old 238 142 380 14.51% 299 176 475 14,08%
45-49 years old 123 79 202 7.72% 155 102 257 7,62%
50-54 years old 75 18 93 0.04% 95 22 117 3,47%
>55 years old 10 1 11 0.004% 17 15 32 0,95%
Total 1.504 1.114 2.618 100,00% 1.871 1.503 3.374 100,00%
84 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 85
Number of Employees based on Years of Service
Table of Number of Employees based on Years of Service for the 2022-2023 Period
(in person units)
2023 2022
Years of
Service
Male Female Total % Male Female Total %
<5 years 576 508 1.084 41.41% 657 680 1.337 39,63%
5-10 years 370 241 611 23.34% 588 404 992 29,40%
> 10-15 years 299 161 460 17.57% 314 160 474 14,05%
>15-20 years 133 106 239 9.13% 162 137 299 8,86%
>20-25 years 77 66 143 5.46% 96 86 182 5,39%
>25-30 years 35 23 58 2.22% 30 15 45 1,33%
>30 years 14 9 23 0.88% 24 21 45 1,33%
Total 1.504 1.114 2.618 100,00% 1.871 1.503 3.374 100,00%
” A complete description of the
management and development of
Bank’s Individuals is presented in full
in the Business Support Functions
”
Chapter of this Annual Report
PT Bank KB Bukopin Tbk Annual Report 2023 85
Page 86
Company Profile
INFORMATION OF
SHAREHOLDERS COMPOSITION
KB Bank Share Ownership
as of 1 January 2023
Share Ownership Number of Shareholder Number of Shares Ownership Percentage %
NATIONAL INVESTOR
Indonesian Individuals 75.636 14.316.482.238 21,08%
Cooperatives 30 906.878.839 1,33%
Foundation 2 2.390.800 0,00%
Pension Fund 11 11.439.691 0,01%
Insurance 4 4.358.399 0,00%
Bank 2 19.622.220 0,02%
Limited Company 133 3.141.237.366 4,62%
Govermnet Institution 1 53.156.000 0,07%
Mutual Funds 4 5.400.066 0,00%
SUBTOTAL 75.823 18.461.005.589 27,19%
FOREIGN INVESTOR
Foreign Individuals 90 74.567.295 O,10%
Foreign Corporation 98 49.351.967.294 72,80%
SUBTOTAL 188 49.426.534.589 72,81%
TOTAL 76.011 67.877.540.178 100%
KB Bank Share Ownership
as of 31 December 2023
Share Ownership Number of Shareholder Number of Shares Ownership Percentage %
NATIONAL INVESTOR
Indonesian Individuals 73.808 18.642.139.484 9,92%
Cooperatives 30 905.628.839 0,48%
Foundation 3 4.621.314 0,00%
Pension Fund 9 18.236.042 0,01%
Insurance 4 11.702.999 0,01%
Bank 2 19.662.220 0,01%
Limited Company 145 4.412.078.401 2,35%
Govermnet Institution 4 35.541.900 0,02%
SUBTOTAL 74.005 24.049.611.199 12,80%
FOREIGN INVESTOR
Foreign Individuals 83 119.260.685 0,06%
Foreign Corporation 97 163.718.667.986 87,14%
SUBTOTAL 180 163.837.928.671 87,20
TOTAL 74.185 187.887.539.870 100%
86 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 87
COMPOSITION OF THE 20
LARGEST SHAREHOLDERS
Composition of the 20 Largest Shareholders of KB Bank
as of 1 January 2023
Shareholders’ Name Number of Shares Percentage of Ownership Status
Kookmin Bank Co., Ltd. 45.484.861.813 67,00% Foreign Corporation
PT Jasa Investindo 1.164.017.200 1,71% Limited Company
Bank of Singapore Limited 947.805.600 1,39% Foreign Corporation
PT Perusahaan Pengelola Aset 678.875.412 1,00% Limited Company
(Persero)
Koperasi Perkayuan APKINDO - 460.783.125 0,67% Cooperative
MPI (KOPKAP INDO)
General Resources Asia Limited 436.038.500 0,64% Foreign Corporation
New Luck Holdings Limited 432.195.995 0,63% Foreign Corporation
JPMCB NA RE - VANGUARD 379.082.900 0,55% Foreign Corporation
EMERGING MARKETS
PPA Investasi Efek (AFS) 360.093.219 0,53% Perseroan Terbatas
Koperasi Simpan Pinjam Jasa 347.476.000 0,51% Koperasi
JPMCB NA RE-VANGUARD 347.224.881 0,51% Foreign Corporation
TOTAL INTERNATIONAL
Nurwati B. 194.290.600 0,28% Indonesian individual
PT Oentung Karya Bersama 172.279.156 0,25% Limited Company
Alex Lissan 172.150.000 0,25% Indonesian individual
Heru Budihartono 170.440.900 0,25% Indonesian individual
Eddy Hutarso 153.647.900 0,22% Indonesian individual
Diana Sumawi 149.000.000 0,21% Indonesian individual
JPMCB NA RE-VANGUARD 138.459.459 0,20% Foreign Corporation
FIDUCIARY TRUST COMPANY
Citibank New York S/A 134.869.788 0,19% Foreign Corporation
Emerging Markets Core Equity
Portfolio Of DFA INV Dimension
PT Belian Tambang Indonesia 115.518.500 0,17% Limited Company
Composition of the 20 Largest Shareholders of KB Bank
as of 31 December 2023
Shareholders’ Name Number of Shares Percentage of Ownership Status
Kookmin Bank Co., Ltd. 125.655.736.951 66,88% Foreign Corporation
STIC Eugene Star Holding Inc 31.900.000.000 16,98% Foreign Corporation
PT Jasa Investindo 1.164.017.200 0,62% Limited Company
JPMCB NA RE - Vanguard 1.049.160.910 0,56% Foreign Corporation
Emerging Markets Stock Index
Fund
Bank of Singapore Limited 947.805.600 0,50% Foreign Corporation
JPMCB NA RE-Vanguard Total 939.060.826 0,50% Foreign Corporation
International Stock Index Fund
PT Bank KB Bukopin Tbk Annual Report 2023 87
Page 88
Company Profile
Composition of the 20 Largest Shareholders of KB Bank
as of 31 December 2023
Shareholders’ Name Number of Shares Percentage of Ownership Status
PT Perusahaan Pengelola Aset 678.875.412 0,35% Limited Company
(Persero)
KB Finansia Multi Finance, PT 540.000.000 0,29% Limited Company
Koperasi Perkayuan APKINDO- 460.783.125 0,25% Cooperative
MPI (KOPKAP INDO)
JPMCB NA RE-Vanguard 443.073.760 0,24% Foreign Corporation
Fiduciary Trust Company
Institutional Total International
General Resources Asia Limited 436.038.500 0,23% Foreign Corporation
New Luck Holdings Limited 432.195.995 0,23% Foreign Corporation
Heru Budihartono 370.440.900 0,20% Indonesian individual
PPA Investasi Efek (AFS) 360.093.219 0,19% Limited Company
KB Valbury Sekuritas, PT 360.000.000 0,19% Limited Company
Koperasi Simpan Pinjam Jasa 347.476.000 0,18% Cooperative
JPMCB NA RE - Blackrock INST 305.864.844 0,16% Foreign Corporation
TR CO N A Investment FDS For
Employee Benefit Trust
BNYM RE VANGUARD FTSE 279.239.673 0,15% Foreign Corporation
ALL-WRLD EX-US SML
Alex Lissan 217.500.000 0,12% Indonesian individual
DRH. Allen Marbun 200.338.986 0,11% Indonesian individual
COMPOSITION OF SHAREHOLDERS
WITH SHARE OWNERSHIP
OF 5% OR MORE
Composition of Shareholders with Ownership of 5% or More of Bank Shares
as of 1 January 2023
Shareholders’ Name Number of Shares Percentage of Ownership Status
Kookmin Bank Co., Ltd. 45.484.861.813 67,00% Foreign Corporation
Percentage of Ownership
Shareholders’ Name Number of Shares Percentage of Ownership Status
Kookmin Bank Co., Ltd. 125.655.736.951 66,88% Foreign Corporation
STIC Eugene Star Holdings Inc. 31.900.000.000 16,98% Foreign Corporation
88 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 89
COMPOSITION OF SHAREHOLDERS WITH OWNERSHIP LESS THAN 5%
Composition of Shareholders with Ownership of Less than 5% of Bank Shares
as of 1 January 2023
Shareholders Number of Shareholders Number of Shares Percentage of Ownership %
Indonesian Individual 75,636 14.316.482.238 21,08%
Cooperatives 30 906.878.839 1,33%
Foundation 2 2.390.800 0,00%
Pension Fund 11 11.439.691 0,01%
Insurance 4 4.358.399 0,00%
Bank 2 19.622.220 0,02%
Limited Company 133 3.141.237.336 4,62%
Government Institution 1 53.156.000 0,07%
Mutual Funds 4 5.400.066 0,00%
Sub Total 75,823 18.461.005.589 27,13%
FOREIGN
Foreign Individuals 90 74.567.295 0,10%
Foreign Corporations 97 3,867,105,481 5,80%
Sub total 187 3,941,672,776 5,90%
Total 76,010 22,402,678,365 33%
Composition of Shareholders with Ownership of Less than 5% of Bank Shares
as of 31 December 2023
Shareholders Number of Shareholders Number of Shares Percentage of Ownership %
Indonesian Individual 73.808 18.642.139.484 9,92%
Cooperatives 30 905.628.839 0,48%
Foundation 3 4.621.314 0,00%
Pension Fund 9 18.236.042 0,01%
Insurance 4 11.702.999 0,01%
Bank 2 19.662.220 0,01%
Limited Company 145 4.412.078.401 2,35%
Government Institution 4 35.541.900 0,02%
Sub Total 74.005 24.049.611.199 12,80%
FOREIGN
Foreign Individuals 83 119.260.685 0,06%
Foreign Corporation 95 6.162.931.035 3,28%
Sub total 178 6.282.191.720 3,34%
Total 74.183 30.331.802.919 16,14%
PT Bank KB Bukopin Tbk Annual Report 2023 89
Page 90
Company Profile
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND DIRECTORS
Share Ownership by Members of the Bank’s Board of Commissioners and Directors
as of 1 January 2023
Shareholders Name Position Number of Share Percentage of Ownership %
Helmi Fahrudin Director 174.500 0,0002570
Yohanes Suhardi Director 207.700 0,0003059
Kepemilikan Saham oleh Anggota Dewan Komisaris dan Direksi Bank
per 31 Desember 2023
Shareholders Name Position Number of Share Percentage of Ownership %
Woo Yeul Lee President Director 8.500.000 0,00452
Robby Mondong Vice President Director 1.107.000 0,00058
Helmi Fahrudin Director 482.951 0,00025
Yohanes Suhardi Director 574.800 0,00030
Seng Hyup Shin Director 2.300.000 0,00122
Dodi Widjajanto Director 1.000.088 0,00053
Henry Sawali Director 200.000 0,00010
PURCHASE/SALES OF SHARES FOR THE BOARD OF
COMMISSIONERS AND THE BOARD OF DIRECTORS
In accordance with Financial Services Authority Regulation no. 11/POJK.04/2017 regarding Ownership Reports or Any Changes
in Ownership of Public Company Shares, each member of the Board of Commissioners and Directors is required to submit
information to the Bank regarding ownership and any changes in ownership of Bank shares. Meanwhile, in 2023, the Bank has
reported 16 (sixteen) purchase and/or sale transactions of Bank shares owned by the Board of Directors, with the following details:
Number of Number of
Number of
Shares Before Share Price Shares After Transaction
No Name Position Transaction Purchases/ Reporting
Transaction (IDR) Transaction Date
Sales (shares)
(shares) (shares
1 Dodi Director Purchase 0 100.000 114 100.000 5 January It has been reported
Widjajanto 2023 to OJK via Letter No.
00452/SKPR/I/2023
dated 11 January 2023.
2 Dodi Director Purchase 100.000 200.000 114 300.000 9 January It has been reported
Widjajanto 2023 to OJK via Letter No.
00452/SKPR/I/2023
dated 11 January 2023.
3 Henry Director Purchase 0 100.000 122 100.000 1 February It has been reported
Sawali 2023 to OJK via Letter No.
02124/SKPR/II/2023
dated 2 February 2023.
4 Henry Director Purchase 100.000 100.000 123 200.000 1 February It has been reported
Sawali 2023 to OJK via Letter No.
02124/SKPR/II/2023
dated 2 February 2023.
5 Woo Yeul President Purchase 0 2.500.000 119 2.500.000 1 March It has been reported
Lee Director 2023 to OJK via Letter No.
03512/SKPR/III/2023
dated 6 March 2023.
90 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 91
Number of Number of
Number of
Shares Before Share Price Shares After Transaction
No Name Position Transaction Purchases/ Reporting
Transaction (IDR) Transaction Date
Sales (shares)
(shares) (shares
6 Robby Vice Purchase 0 400.000 112 400.000 6 March It has been reported
Mondong President 2023 to OJK via Letter No.
Director 03552/SKPR/III/2023
dated 7 March 2023.
7 Seng Hyup Director Purchase 0 800.000 102 800.000 15 May 2023 It has been reported
Shin to OJK via Letter No.
06332/SKPR/V/2023
dated 23 May 2023.
8 Yohanes Director Purchase 207.700 367.100 100 574.800 23 May 2023 It has been reported
Suhardi to OJK via Letter No.
06512/SKPR/V/2023
dated 26 May 2023.
9 Robby Vice Purchase 400.000 707.000 100 1.107.000 23 May 2023 It has been reported
Mondong President to OJK via Letter No.
Director 06561/SKPR/V/2023
dated 29 May 2023.
10 Woo Yeul President Purchase 2.500.000 4.419.073 100 6.919.073 25 May 2023 It has been reported
Lee Director to OJK via Letter No.
06580/SKPR/V/2023
dated 29 May 2023.
11 Seng Hyup Director Purchase 800.000 1.414.103 100 2.214.103 25 May 2023 It has been reported
Shin to OJK via Letter No.
06575/SKPR/V/2023
dated 29 May 2023.
12 Helmi Director Purchase 174.500 308.451 100 482.951 26 May 2023 It has been reported
Fahrudin to OJK via Letter No.
06579/SKPR/V/2023
dated 29 May 2023.
13 Dodi Director Purchase 300.000 530.288 100 830.288 26 May 2023 It has been reported
Widjajanto to OJK via Letter No.
06578/SKPR/V/2023
dated 29 May 2023.
14 Dodi Director Purchase 830.288 169.800 101 1.000.088 26 May 2023 It has been reported
Widjajanto to OJK via Letter No.
06578/SKPR/V/2023
dated 29 May 2023.
15 Seng Hyup Director Purchase 2.214.103 85.897 100 2.300.000 30 May 2023 It has been reported
Shin to OJK via Letter No.
06777/SKPR/VI/2023
dated 5 June 2023.
16 Woo Yeul President Purchase 6.919.073 1.580.927 100 8.500.000 30 May 2023 It has been reported
Lee Director to OJK via Letter No.
06730/SKPR/VI/2023
dated 5 June 2023.
PT Bank KB Bukopin Tbk Annual Report 2023 91
Page 92
Company Profile
SHARE LISTING AND/OR
ISSUANCE CHRONOLOGY
Share Listing and/or Issuance Chronology
Price Published Issued and Paid-Up Capital
Corporate Offering
No. Date Nominal Shares Stock Total Nominal Total Offering
Action Price (IDR)
(IDR) Amount Amount Vale (IDR) Price
1 30 June iInitial 100 350 843.765.500 5.603.765.550 84.376.550.000 295.317925.000
2006 Public
Offering
2 30 MSOP 100 370 47.864.000 5.651.629.550 47.864.000.000 17.709.680.000
exchange
days since
10 July
2007
3 30 MSOP 100 370 39.370.500 5.691.000.050 39.370.500.000 14.567.085.000
exchange
days since
1 November
2007
4 30 MSOP 100 370 740.500 5.691.740.550 740.500.000 273.985.000
exchange
days since
10 July
2008
5 30 MSOP 100 370 780.500 5.692.521.050 780.500.000 288.785.000
exchange
days since
1 November
2008
6 30 MSOP 100 370 7.156.500 5.699.677550 7.156.500.000 2.647905.000
exchange
days since
10 July
2009
7 30 MSOP 100 370 1.092.000 5.700.769.550 1.092.000.000 404.040.000
exchange
days since
1 November
2009
8 26 Limited 100 415 286.050.768 5.986.820.318 28.605.076.800 118.711.068.720
November Public
2009 Offering
(PUT) I
9 30 MSOP 100 370 129.687500 6.116.507.818 129.687500.000 47.984.375.000
exchange
days since
10 July
2010
10 30 MSOP 100 370 16.254.500 6.132.762.318 16.254.500.000 6.014.165.000
exchange
days since
1 November
2010
11 26 January Limited 100 520 1.787.960.495 7.920.722.813 178.796.049.500 929.739.457.400
2011 Public
Offering
(PUT) II
12 30 MSOP 100 370 12.705.000 7.933.427.813 12.705.000.000 4.700.850.000
exchange
days since
10 July 2011
92 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 93
Share Listing and/or Issuance Chronology
Price Published Issued and Paid-Up Capital
Corporate Offering
No. Date Nominal Shares Stock Total Nominal Total Offering
Action Price (IDR)
(IDR) Amount Amount Vale (IDR) Price
13 30 MSOP 100 370 269.000 7.933.696.813 269.000.000 99.530.000
exchange
days
since 01
November
2011
14 30 MSOP 100 370 14.346.000 7.948.042.813 14.346.000.000 5.308.020.000
exchange
days since
10 July
2012
15 30 MSOP 100 370 680.500 7.948.723.313 680.500.000 251.785.000
exchange
days since
1 November
2012
16 30 MSOP 100 370 352.500 7.949.075.813 352.500.000 130.425.000
exchange
days since
2 January
2013
17 30 MSOP 100 370 9.954.500 7.959.030.313 9.954.500.000 3.683.165.000
exchange
days since
25 May
2013
18 7 January Limited 100 660 1.106.252.141 9.065.282.454 110.625.214.100 730.126.413.000
2014 Public
Offering
(PUT) III
19 27 July Limited 100 570 2.565.288.316 11.651.908.748 256.528.831.600 1.462.214.340.120
2018 Public
Offering
(PUT) IV
20 30 July Limited 100 180 4.660.763.499 16.312.672.247 466.076.349.900 838.937.429.820
2020 Public
Offering
(PUT) V
21 21 Private 100 190 16.360.578.947 32.673.251.194 1.636.057.894.700 3.108.509.999.930
September Placement
2020
22 2 Limited 100 200 35.214.288.984 67.887.540.178 7.000.000.000.000 7.042.857.796.800
December Public
2021 Offering
(PUT) VI
23 4 May 2023 Limited 100 100 119.999.999.692 187.887.539.870 18.999.999.969.200 11.999.999.969.200
Public
Offering
(PUT) VII
Chronology of Share Issuance
In July 2006, the Bank conducted an Initial Public Offering of 843,765,500 Series B shares with a nominal value of IDR 100 (full
value) per share with a selling price of IDR 350 (full value) per share to the public through the capital market in accordance with
statutory provisions. applicable. This Initial Public Offering of Series B shares to the public has received an effective statement
PT Bank KB Bukopin Tbk Annual Report 2023 93
Page 94
Company Profile
from BAPEPAMLK through letter No. S-825/BL/2006 dated 30 purpose of issuing HMETD. Limited Public Offering II was held
June 2006. The shares offered began trading on the Indonesia on 10 February 2011-17 February 2011. The amount of funds
Stock Exchange on 10 July 2006 and at the same time 99% obtained from the Limited Public Offering II amounted to IDR
of the Bank’s shares were also listed. All class A shares of 929.74 billion (for 1,787,960,495 class B ordinary shares), of
0.31% and class B shares of 0.69% owned by Kopelindo and which IDR 921.10 billion (for 1,771 ,342,921 class B ordinary
Kopkapindo respectively were proportionally not listed in order shares) were obtained from the public and Rp. 8.6 billion (for
to comply with government regulations. 16,617,574 class B ordinary shares) were obtained from the
Bank Bukopin Jakarta Employee Cooperative (KKBJ) and the
Indonesian Fisheries Cooperative Parent (IKPI). The funds
On 26 October 2009, the Bank submitted a Registration obtained from the Limited Public Offering II were received by
Statement in connection with the Limited Public Offering I to the Bank in February 2011.
BAPEPAM-LK via letter No. 7548/DIR/X/2009 in the context
of issuing Pre-emptive Rights (HMETD) to shareholders. The On 28 October 2013, the Bank submitted a Registration
shares offered are 286,050,768 new class B ordinary shares Statement in connection with the Limited Public Offering
(“New Shares”) with a nominal value of IDR 100 (full value) per III to the Financial Services Authority via letter No. 13308/
share with an offering price of IDR 415 (full value) per share. DIR/X/2013 in the context of issuing Pre-emptive Rights
The Bank obtained an effective statement from BAPEPAMLK (HMETD) to shareholders. The shares offered are a maximum
to conduct Limited Public Offering I through letter No. S-10319/ of 2,659,505,614 new class B ordinary shares (“New Shares”)
BL/2009 dated 26 November 2009. On 26 November 2009, the with a nominal value of IDR 100 (full value) per share with
Bank held an Extraordinary General Meeting of Shareholders an offering price of IDR 660 (full value) per share. The Bank
to approve the implementation of Limited Public Offering I for obtained an effective statement from the Financial Services
the purpose of issuing HMETD. Limited Public Offering I was Authority to conduct Limited Public Offering III through letter
held from 4 December 2009 to 10 December 2009. The amount No. S-424/D.04/2013 dated 12 December 2013. On 11-13
of funds obtained from the Limited Public Offering I amounted December 2013, the Bank held an Extraordinary General
to IDR 118.71 billion (for 286,050,768 class B ordinary shares), Meeting of Shareholders to approve the implementation of
of which IDR 62.95 billion (for 151,699,698 class B ordinary Limited Public Offering III for the issuance of HMETD. Limited
shares) were obtained from the public and IDR 55.76 billion (for Public Offering III was held on 30 December 2013-7 January
134,351,070 class B ordinary shares) were obtained from the 2014.
All Indonesia Bulog Employees Cooperative (Kopelindo) and
the Bulog Bina Sejahtera Warga Foundation (Yabinstra) who The amount of funds obtained from the Limited Public Offering
acted as buyers standby buyers with respective proportions III was IDR 730.13 billion (for 1,106,252,141 class B ordinary
of 89.83% and 10.17%. The funds obtained from the Limited shares), of which IDR 9.29 billion (for 14,076,556 class B ordinary
Public Offering I were received by the Bank in December 2009. shares) was obtained from the public, amounting to IDR 343 .41
billion (for 520,319,150 class B ordinary shares) was obtained
from the Indonesian Bulog Employees Cooperative (Kopelindo)
On December 20 2010, the Bank submitted a Registration and IDR 377.42 billion (for 571,856,435 class B ordinary shares)
Statement in connection with the Limited Public Offering II to from PT Bosowa Corporindo. The funds obtained from this
BAPEPAM-LK via letter No. 11754/DIR/XII/2010 in the context Limited Public Offering III have been received by the Bank up
of issuing Pre-emptive Rights (HMETD) to shareholders. The to 31 December 2013 amounting to IDR 587.49 billion and up
shares offered are 2,051,366,765 new class B ordinary shares to 9 January 2014 amounting to IDR 730.13 billion.
(“New Shares”) with a nominal value of IDR 100 (full value) per
share with an offering price of IDR 520 (full value) per share.
On 4 May 2018, the Bank submitted a Registration Statement in
The Bank obtained an effective statement from BAPEPAM-LK connection with the Limited Public Offering IV to the Financial
to conduct Limited Public Offering II through letter No. S-771/ Services Authority via letter No. 06529/ DIR/V/2018 in the
BL/2011 dated 26 January 2011. On 26 January 2011, the Bank context of issuing Pre-emptive Rights (HMETD) to shareholders.
held an Extraordinary General Meeting of Shareholders to The shares offered are a maximum of 2,565,288,316 new
approve the implementation of Limited Public Offering II for the class B ordinary shares (“New Shares”) with a nominal value
94 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 95
of IDR 100 (full value) per share with an offering price of IDR On 30 November 2022, the Bank held an Extraordinary General
570 (full value) per share. The Bank obtained an effective Meeting of Shareholders to approve the implementation of
statement from the Financial Services Authority to conduct Capital Increases using the Pre-emptive Rights (HMETD)
Limited Public Offering IV through letter No. S-92/D.04/2018 scheme, by issuing a maximum of 120,000,000,000 (one
dated 29 June 2018. hundred and twenty billion) Class B Shares with a nominal
value of IDR 100 .00 (one hundred Rupiah) per share.
On 22 May 2018, the Bank held an Annual General Meeting of
Shareholders to approve the implementation of Limited Public
Offering IV for the purpose of issuing HMETD. Limited Public Then in 2023, the Bank submitted a Registration Statement
Offering IV was held on 13 July 2018-25 July 2018. The amount in connection with Limited Public Offering VII (PUT VII) in the
of funds obtained from the Limited Public Offering IV amounted context of issuing Pre-emptive Rights (HMETD) to the Financial
to IDR 1,462 billion, of which IDR 1,460 billion was obtained Services Authority (OJK) in Jakarta with letter No. 02441/
from KB Kookmin Bank as a standby buyer, amounting to IDR DIR/II/2023 dated 10 February 2023. The Bank has obtained
1 .3 billion was obtained from the public. The funds obtained approval regarding the PUT VII plan as stated in the Deed of
from this Limited Public Offering IV have been received by the Meeting Decision Statement No. 109 dated 30 November 2022,
Bank until 25 July 2018 amounting to IDR 1,462,214,340,120. made before Aulia Taufani, S.H., Notary in the Administrative
On 24 October 2019, the Bank held an Extraordinary General City of South Jakarta (Deed No. 109/2022), which essentially
Meeting of Shareholders to approve the implementation of approved the Bank’s plan to carry out LPO VII by granting Pre-
Limited Public Offering V with Pre-emptive Rights. The shares emptive Rights, by issuing class B shares up to a maximum of
offered are a maximum of 4,660,763,499 new class B ordinary 120,000,000,000 shares with a nominal value of IDR 100,- per
shares (“New Shares”) with a nominal value of IDR 100 (full share.
value) per share and an offering price of IDR 180 (one hundred
and eighty Rupiah) per share. The amount of the Limited Public The Bank conducted PUT VII in order to issue HMETD to the
Offering V is IDR 838,937,429,820 (eight hundred thirty-eight Bank’s shareholders for a maximum of 119,999,999,692 class
billion nine hundred thirty-seven million four hundred twenty- B shares with a nominal value of IDR 100 per share offered
nine thousand eight hundred and twenty Rupiah) and has been through Capital Increase with Pre-emptive Rights (PMHMETD).
listed on the IDX (“PUT V”). HMETD was distributed to registered Bank shareholders on 17
May 2023 where each owner of 100,000,000 old Bank shares
On 25 August 2020, the Bank held an Extraordinary General received 176,762,922 HMETD. Every 1 (one) HMETD can be
Meeting of Shareholders to approve the implementation of used to purchase 1 (one) class B share by paying an exercise
Capital Increases Without Pre-emptive Rights (“PMTHMETD”). price of IDR 100 per share. Thus, the Bank obtained funds of
Furthermore, on 2 September 2020, the Company issued IDR 11,999,999,969,200.-.
PMTHMETD of 16,360,578,947 (sixteen billion three hundred
sixty million five hundred seventy eight thousand nine hundred
forty seven) class B shares with a nominal value of Rp. 100
(one hundred Rupiah) per share with offering price IDR 190
(one hundred and ninety Rupiah) per share. The amount
of PMTHMETD is IDR 3,108,509,999,930 (three trillion one
hundred eight billion five hundred nine million nine hundred
ninety-nine thousand nine hundred and thirty Rupiah) and has
been listed on the IDX.
On 8 November 2021, the Bank received an Effective
Statement regarding Limited Public Offering (PUT) VI from
the Financial Services Authority (OJK). PUT VI itself has issued
35,214,288,984 new class B ordinary shares (“New Shares”)
with a nominal value of IDR 100 (one hundred) per share.
PT Bank KB Bukopin Tbk Annual Report 2023 95
Page 96
Company Profile
CHRONOLOGY OF OTHER SECURITIES
ISSUANCE AND/OR LISTING
Name of Bonds Issuance Maturity Tenor Nominal (in Rating
Coupun Currency
and Sukuk Date Date (Year) Billion IDR) 2023 2022
Bond Issuance 31 Mei 1989 25 Mei 1994 6 - IDR 30 - -
Bank Bukopin II 30 Juni 2003 10 Juli 2008 5 - IDR 319 * *
Series A Bonds Year
2003
Bank Bukopin 30 Juni 2003 10 Juli 2008 10 - IDR 236 * *
II Series B
Subordination
Bonds Year 2003
Bank Bukopin 30 Juni 2003 10 Juli 2008 6 - IDR 45 * *
Syariah Mudharabah
Bonds Year 2003
Shelf-registered 6 Maret 2012 6 Maret 2019 7 9,25% p.a IDR 1.500 * *
Subordination
Bonds I Bank
Bukopin Trance I
Year 2012
Shelf-registered 30 Juni 2003 30 Juni 2022 7 12% p.a IDR 400 * *
Subordination
Bonds II Bank
Bukopin Trance I
Year 2015
Shelf-registered 28 Februari 28 Februari 7 11% p.a IDR 1.405 idAA idAA
Subordination 2017 2024 (Pefindo) (Pefindo)
Bonds III Bank
Bukopin Trance II
Year 2017
Shelf-registered 9 September 9 September 3 6,25% p.a IDR 1.000 idnAAA idnAAA
Subordination 2021 2024 (Fitch (Fitch
Bonds I Bank Ratings) Ratings)
Bukopin Trance I
Year 2021
Shelf-registered 9 September 9 September 5 8% p.a IDR 315 idnAA idnAA
Subordination 2021 2026 (Fitch (Fitch
Bonds III Bank Ratings) Ratings)
Bukopin Trance I
Year 2021 Series A
Shelf-registered 9 September 9 September 7 8,90% p.a IDR 685 idnAA idnAA
Subordination 2021 2028 (Fitch (Fitch
Bonds III Bank Ratings) Ratings)
Bukopin Trance I
Year 2021 Series B
*) Sudah Lunas
96 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 97
BANK STOCK
SUSPENSION
Throughout 2023, no Bank shares will be suspended, so information related to this cannot be presented in this annual report.
BANK GROUP
STRUCTURE
The Company Group structure can be described as follows:
100%
KB Financial
Group Inc.
66.88%
STIC Eugene Public
Star Holding Inc <5%
16,98% 16,14%
KB KB
Bukopin Finance Bukopin Syariah
99,24% 95,92%
PT Bank KB Bukopin Tbk Annual Report 2023 97
Page 98
Company Profile
INFORMATION OF MAJOR AND
CONTROLLING SHAREHOLDERS
The major* and controlling shareholder of KB Bank is Kookmin Bank Co., Ltd., a banking company from South Korea. KB Kookmin
Bank is part of the KB Financial Group, one of the largest financial groups in South Korea. This Korean-based bank was recorded
as the bank with the largest net income achievement in Korea throughout 2019. KB Financial Group shares have been listed on
the Korea Exchange (KRX) since 10 October 2008 and on the New York Stock Exchange (NYSE) since 29 September 2008. KB
Financial Group’s total assets as of December 31 2019 reached KRW789.6 trillion (or around IDR 9,326 trillion). The company
has expanded its wings into the global market with a network spread across the UK, United States, India, China, Hong Kong,
Japan and New Zealand. In Southeast Asia, Kookmin expanded to Cambodia, Vietnam, Laos, Myanmar and Indonesia.
INFORMATION ABOUT SUBSIDIARIES AND
ASSOCIATED ENTITIES
Description of Subsidiaries and Associated Entities
The Company’s
Establishment
No. Name of Subsidiaries Acquiring Year Line of Business Ownership Status
Year
(%)
1 PT KB Bukopin Finance 1983 1994 Pembiayaan 99,24% Operating
2 PT Bank KB Bukopin Syariah 1990 2008 Perbankan berbasis 95,92% Operating
prinsip Islami
SUBSIDIARY ENTITY PROFILE approved to change the name from PT Indo Trans Buana Multi
Finance to PT Bukopin Finance as stated in the Deed of Notary
PT KB Bukopin Finance Amastasia Dau, SH with Deed No. 1 dated 9 June 2008.
The establishment of PT KB Bukopin Finance (KB Bukopin Finance) The aim and objective of establishing KB Bukopin Finance
cannot be separated from the history of the establishment of in accordance with Article 3 of the Company’s Articles of
PT Leasing Indo Corporation based on Deed No. 5 dated 11 Association is to carry out business in the field of financing in
March 1983 which was made before Tan A. Sioe, S.H., Notary in the form of providing funds and/or capital goods which refers
Semarang. This deed of establishment has been ratified by the to POJK No. 29/2014 includes; Investment Financing, Working
Minister of Justice of the Republic of Indonesia in Decree No. Capital Financing and Multipurpose Financing.
C2-5233.HT.01.01. TH83 dated 29 July 1983 and announced
in the State Gazette of the Republic of Indonesia No.26, along KB Bank’s share ownership in PT Bukopin Finance is 99.24%
with Supplement No. 432 dated 1 April 1986. KB Bukopin Finance with the management structure until the end of 2023 is as
obtained a business license as a Finance Company from the follows:
Minister of Finance of the Republic of Indonesia in accordance
with Decree No. 66/KMK.017/1994 dated 5 March 1994. Board of Commissioners
President Commissioner/Independent Commissioner:
The Articles of Association of KB Bukopin Finance underwent Sunaryono
several changes, including changing the name to PT Indo Trans Commissioner: Agustinus Iwan Christanto
Buana Multi Finance in accordance with Deed No. 99 dated 3
May 1991 and the entry of PT Bank Bukopin as a Shareholder Board of Directors
in accordance with Deed No. 181 dated 26 December 1994. President Director: Hendra Gunawan
Furthermore, according to the results of the Extraordinary Director of Operations: Darmanto
General Meeting of Shareholders on 7 May 2008, it was Business Director: Fajar Satritama
98 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 99
PT Bank KB Bukopin Syariah Permits to Change Business Activities of Conventional Banks
to Become Sharia Banks, and Change the Name of PT Bank
PT Bank KB Bukopin Syariah (hereinafter referred to as KB Persyarikatan Indonesia to PT Bank Syariah Bukopin which
Bukopin Syariah) as a bank that operates with sharia principles, officially started operations effectively on 9 December 2008,
which began with the acquisition of PT Bank Persyarikatan the Company’s operational activities were officially opened by
Indonesia (a conventional bank) by PT Bank KB Bukopin, Tbk., Mr. M. Jusuf Kalla, Vice President of the Republic of Indonesia
in stages from 2005 to 2008, where PT Bank Persyarikatan for the period 2004 -2009. As of the end of December 2021,
Indonesia, previously known as PT Bank Swansarindo the Company has an office network, namely 1 (one) Head
Internasional, was founded in Samarinda, East Kalimantan and Operational Office, 11 (eleven) Branch Offices, 7 (seven)
based on Deed Number 102 dated 29 July 1990, and is a Sub-Branch Offices, 4 (four) Cash Offices, 6 (six) mobile cash
commercial bank which obtained Decree of the Minister of vans, and 96 (ninety six) Sharia Service Offices, as well as 33
Finance number 1.659/KMK.013/1990 dated 31 December 1990 (thirty three) BSB ATM machines with the Prima network and
concerning the Granting of Consolidation Permits. Business Bank Bukopin ATMs.
of 2 (two) Market Banks and Status Upgrade to Commercial
Bank with the name PT Bank Swansarindo Internasional which KB Bank’s share ownership in PT Bank KB Bukopin Syariah is
obtained operational activities based on Bank Indonesia 95.92% with the management structure until the end of 2023
(BI) letter number 24/1/UPBD/PBD2/Smr dated 1 May 1991 is as follows:
concerning Granting Commercial Bank Business Licenses and
Relocation of Bank Offices. Board of Commissioners
President Commissioner/Independent Commissioner:
In 2001 until the end of 2002, the acquisition process by the Mustafa Abubakar
Muhammadiyah Organization and at the same time changed Commissioner: Deddy SA Kodir
the name of PT Bank Swansarindo Internasional to PT Bank Independent Commissioner: Abdul Mu’ti
Persyarikatan Indonesia which obtained approval from (BI)
No. 5/4/ KEP. DGS/2003 dated 24 January 2003 which was Board of Directors
outlined in deed number 109 dated 31 January 2003. In its Main Director: Koko Tjatur Rachmadi
development then PT Bank Persyarikatan Indonesia through Director of Operations & Services: Agus Suhendro
additional capital and assistance by PT Bank Bukopin, Tbk., then Director of Compliance and Risk Management: Adil Syahputra
in 2008 after obtaining a commercial bank business activity
permit which operates based on sharia principles through the Sharia Supervisory Board
Decree of the Governor of Bank Indonesia number 10/69/KEP. Chairman: H. Ikhwan Abidin Basri, MA
GBI/DpG/2008 dated 27 October 2008 concerning Granting Member: Prof. DR. H. Syamsul Anwar, MA.
PT Bank KB Bukopin Tbk Annual Report 2023 99
Page 100
Company Profile
CAPITAL MARKET SUPPORTING
INSTITUTIONS AND PROFESSIONS
Public Accounting Firm (KAP)
Firm Name KAP Mirawati Sensi Idris (member firm of the Moore Indonesia network)
Address Intiland Tower Lt. 7, Jl. Jend. Sudirman Kav. 32 Jakarta, Jakarta Pusat
Public Accounting Denny Susanto
Assignment Period 2023
Auditing Service Provided Audit of Consolidated Financial Statements
Audit Service Fee IDR 2.430.000.000,-
Non-Auditing Service Provided -
*) on April 12, 2024 the Company has disclosed information on the replacement of accountants who are assigned to audit the Issuer or Public Company, namely the Public Accountant
(AP) and the replacement Public Accounting Firm (KAP) is AP Denny Sunanto from KAP Mirawati Sensi Idris (member firm of the Moore Indonesia network), from previously KAP
Tanudiredja, Wibisana, Rintis & Rekan with Public Accountant Tjhin Silawati.
Securities Administration Bureau
Institution Name Datindo Entrycom
Address Jl. Hayam Wuruk No.28, Jakarta Pusat
Appointment Period Throughout 2023
Services Provided Share Administration Registration
Rating Institution
Institution Name Fitch Ratings Indonesia.
Address DBS Bank Tower 24th Floor, Suite 2403, Jl. Prof. DR. Satrio No.Kav 3-5, RT.11/RW.4, Kuningan, Karet,
Kuningan, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12940.
Appointment Period 2023 - 2026
Services Provided Corporate Rating
Wali Amanat
Institution Name PT Bank Mandiri (Persero) Tbk.
Address International Banking & Financial Institutions Group Plaza Mandiri Lt 22 Jl Jenderal Gatot Subroto Kav
36-38 Jakarta 12190.
Letter of appointment No.03817/DIR/III/2021
Appointment Period March 1, 2021
Services Provided PUB Trustee of PT Bank Bukopin Tbk Senior and Subordinated Bonds 2021
Service Fees IDR 100,000,000
100 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 101
Informasi Perdagangan dan Pencatatan Saham
Institution Name PT Kustodian Sentra Efek Indonesia
Address Gedung Bursa Efek Jakarta Tower I, 5th Floor, Jakarta Selatan
Periode Throughout 2023
Services Provided Trading and Stock Listing Services
Legal Consultant
Institution Name Imran Muntaz & co
Address Office 8 Building 35th Floor Zone G, SCBD Lot 28, Jl. Jend. sudirman kav 52-53, Senayan, Jakarta
Selatan
Periode Throughout 2023
Services Provided Support for implementing corporate actions
Notaris
Institution Name Notary Public Aulia Taufani, S.H.
Address Menara Sudirman Lantai 18 Lot ABD, Jl. Jend Sudirman Kav 60 Jakarta Selatan
Periode Throughout 2023
Services Provided Support for implementing corporate actions
PT Bank KB Bukopin Tbk Annual Report 2023 101
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Company Profile
AWARDS AND
CERTIFICATION
Awards Received in 2023
Date Award Name Category Organizer
National
June 27, 2023 Indonesia Top Banking CEO Award 2023 10 TOP Banking CEO 2023 The Iconomic
August 30, 2023 GRC & Performance Excellence Award 2023 The Best GRC For IT/Digital Business News Indonesia
Transformation 2023
Category - Banking Industries
August 30, 2023 GRC & Performance Excellence Award 2023 • The Best CEO For GRC Business News Indonesia
Excellence 2023
• The Best GRC For Corporate
Governance & compliance
2023
September 18, 2023 The 14th IICD Corporate Governance Top 50 mid Capitalization Public Indonesian Institute for
Conference And Award Listed Company Corporate Directorship
December 5, 2023 Infobank Top CEO 2023 Top 100 CEO 2023 (Woo Yeul Lee) Infobank
Valid Certification in 2023
Certification Name Certification Type Valid Period Certifier
ISO 27001 IT Security Management Systems May 2024 Bureau Veritas Indonesia
INFORMATION ON
THE BANK WEBSITE
The implementation of information disclosure at the Bank refers to Financial Services Authority Regulation no. 8/POJK.04/2015
concerning Public Company and Issuer Websites. Based on these provisions, companies are required to contain the required
information and keep it updated periodically from year to year by paying attention to the 4 (four) main pieces of information
that must be published on the company website, namely:
1. General information on the issuer or public company;
2. Information for financiers or investors;
3. Corporate governance information;
4. Corporate social responsibility information.
Company websites are usually used as a tool to promote products or services offered by the Company, with an attractive
presentation design, appearing in two languages, namely English and Indonesian, there is a Company logo as an identity and
a simple navigation system making it easier for visitors to search for information. The data and information displayed is always
updated whenever there are changes, apart from complying with regulatory requirements, it also applies GCG principles.
With the availability of the Bank’s website as a means of disclosing information about the Company, it is hoped that it will increase
the trust of the wider community and of course Shareholders.
The information presented on the Bank’s website includes:
102 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 103
Home Category Description
Individual Deposits Informing about various savings products issued by KB Bank as well
as the advantages of each product
Loans Providing information on various credit/loans for customers
Credit Card Various types of credit card products, promos and shopping catalogs
are displayed on this page with online applications and service
centers for credit cards
Wealth Management Displaying complete information about various investment products
from KB Bank, Mutual Funds, Bancassurance and Marketable
Securities
Services Informing the features and advantages and debit cards, complete
information on Bukopin Priority, E-Banking, Bukopin Send Money,
Bukopin Safe Deposit Box and others
Business Informing various advantages and conveniences in owning products and getting services from
KB Bank both directly and online without the need to visit the office/Bank Bukopin wherever the
customer is.
Individuals It will be directly linked to • The KB Bank website also displays information about Bank
Bank Syariah Bukopin website Syariah Bukopin as a subsidiary that engages in banking
which displays information on activities based on Islamic legal principles. Showing various
company profiles, management, products and financing owned by Bank Syariah Bukopin.
products and services, reports • Providing information about the sharia system run by Bank
and valid addresses. Syraiah Bukopin starting from raising funds, financing and
services and also displaying information to the public about the
difference between Conventional Banks and Islamic Banks so
that people can choose and determine products and services
that suit their needs.
• Displaying the most commonly asked questions about sharia
banking with the answers so that people do not feel doubt
about the products and services in sharia banking
• Displaying a kind of glossarium of various terms in sharia
banking. Displaying management structure, Company Profile,
sharia-based products and services, Job vacancies and the
latest news by Bank Syariah Bukopin.
About KB Bank Profile of KB Bank Displays a brief history of the establishment of KB Bank, its Vision
and Mission, the business segments involved, Corporate Culture,
Information on subsidiaries, various awards received by the Bank,
information on supporting professional institutions that collaborate
with KB Bank, list of correspondent banks owned and their addresses,
telephone numbers, emails and how customers and the public can
contact the Bank 24/7.
Company Management Displaying photos and brief information about the Board of
Commissioners, Directors, Committee officials, Corporate Secretary
and the latest organization structure of KB Bank.
Investor Relations • Providing brief information on the Annual Report, Financial
Statements, GMS, history of corporate actions that have been
carried out, information on shares and bonds of the Bank.
• In addition, this page also displays various additional information
as part of Bank Bukopin’s transparency to the public about
prospectuses, public exposures, event calendars for investors
and valid contact numbers if someone has an interest in
becoming an investor at KB Bank.
PT Bank KB Bukopin Tbk Annual Report 2023 103
Page 104
Company Profile
Home Category Description
Social Responsibility This site displays the company’s social responsibility policies and
their implementation. Photos and brief information are displayed so
that the public and stakeholders know what activities are carried out
by KB Bank as evidence of regulatory compliance and responsibility
to stakeholders and the social environment
Corporate Governance Informing about the implementation of the Bank’s GCG accompanied
by various guidelines and policies as a form of the Bank’s commitment
to continuously improve the implementation of GCG from year to
year for the better
Latest Info This page displays the latest information from KB Bank regarding
currency exchange rates, current promotions, interest rates brief
news and announcements from KB Bank.
Network Provide information regarding office addresses and locations of KB
Bank ATMs throughout Indonesia.
Career Career Information and Job Information regarding job vacancies that are currently open at KB
Vacancy Bank so that the public can directly access it.
CS and Teller E-form Linking directly to the site of There are various online transaction forms that can be used by
the bank Bukpoin’s e-form customers without the need to go to the office/bank.
104 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 105
EDUCATION AND/OR TRAINING OF THE
BOARD OF COMMISSIONERS, BOARD OF
DIRECTORS, COMMITTEES, CORPORATE
SECRETARY AND INTERNAL AUDIT WORK
UNIT
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Board of Commissioner
Tippy Joesoef Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Fun Walk Kb Bukopin (Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Workshop Skai (Rka) Audit Skill Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Hae Wang Lee Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation (Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Stephen Liestyo Technical Kick Off Shine Project(It Skill ) Jakarta, February 22, 2023 Dxc
Competency.
Technical Wks Profile&Organization Skai(Audit Jakarta, March 21, 2023 Internal House (Diklat)
Competency Skill )
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp(Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Technical Workshop Skai (Rka) (Audit Skill) Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Nanang Supriyatno Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, July 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
PT Bank KB Bukopin Tbk Annual Report 2023 105
Page 106
Company Profile
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Eugene K Galbraith Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Jerry Marmen Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Wks Profile&Organization Skai Jakarta, March 21, 2023 Internal House (Diklat)
Competency (Audit Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Nam Hoon Cho Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Sukriansyah Managerial Workshop Boc Dan Bod Sustainable akarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Direksi
Dodi Widjajanto Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp(Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Technical Workshop Fgd – Sme(Credit Skill ) Jakarta, October 20, 2023 Internal House (Diklat)
Competency
106 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 107
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Han Jung Ho Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Certification Smr Lv V Dir (Pembekalan)( Risk Jakarta, February 21, 2023 Bsmr
Competency Management Skill)
Certification Smr Lv V Dir (Ujian) )( Risk Jakarta, February 24, 2023 Bsmr
Competency Management Skill)
Soft Competency Kursus B. Indonesia(Self Jakarta, February 1-31, Bintera Global Indonesia
Development Skill) 2023
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Helmi Fahrudin Technical Kick Off Shine Project (It Skill ) akarta, February 22, 2023 Dxc
Competency
Technical Workshop Serikat Pekerja Dg Jakarta, February 10, 2023 Internal House (Diklat)
Competency Dpc(Self Development Skill)
Technical Fun Walk Kb Bukopin(Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Certification Refreshment Smr Level 1-5(Risk Jakarta, September 4-6, Bsmr
Competency Management Skill) 2023
Technical Workshop Rbb(Business Jakarta, September 9, Internal House (Diklat)
Competency Development Skill) 2023
Technical Perpanjangan Keanggotaan Jakarta, January 31, 2023 Iai
Competency Iai(Operation Skill)
Technical Workshop Bisnis Operation & Jakarta, January 6, 2023 Internal House (Diklat)
Competency Sinergi Reg I & Ii(Operation Skill)
Technical Workshop Bisnis Operation & Jakarta, January 9, 2023 Internal House (Diklat
Competency Sinergi Reg Iv(Operation Skill)
Henry Sawali Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation (Business
Development Skill)
Technical Workshop Fgd – Sme(Credit Skill) Jakarta, October 20, 2023 Internal House (Diklat)
Competency
Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, Dxc
Competency 2023
PT Bank KB Bukopin Tbk Annual Report 2023 107
Page 108
Company Profile
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Robby Mondong Technical Workshop Strategic Th 2023 (Hr Jakarta, February 1, 2023 Internal House (Diklat)
Competency Skill)
Technical Fun Walk Kb Bukopin(Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation (Business
Development Skill)
Technical Workshop Rbb(Business Jakarta, September 9, Internal House (Diklat)
Competency Development Skill) 2023
Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Technical Workshop Bisnis Operation & Jakarta, January 6, 2023 Internal House (Diklat)
Competency Sinergi Reg I & Ii(Operation Skill)
Technical Workshop Bisnis Operation & Jakarta, January 9, 2023 Internal House (Diklat)
Competency Sinergi Reg Iv (Operation Skill)
Shin Seng Hyup Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, Dxc
Competency 2023
Managerial Boc and Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation Workshop (Business
Development Skill)
Language Course For Ceo (Self
Development Skill)
Kick Off Shine Project (It Skill)
Worker Union Workshop with DPC
(Self Development Skill)
Woo Yeoul Lee Technical Course Bahasa For Ceo(Self Jakarta, January 1-March Bintera Global Indonesia
Competency Development Skill) 31, 2023
Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Technical Workshop Serikat Pekerja Dg Jakarta, February 10, 2023 Internal House (Diklat)
Competency Dpc(Self Development Skill)
Technical Wks Profile&Organization Skai(Audit Jakarta, March 21, 2023 Internal House (Diklat)
Competency Skill)
Technical Fun Walk Kb Bukopin(Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Yohanes Suhardi Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Certification Refreshment Smr Level 1-5(Risk Jakarta, September 4-6, Bsmr
Competency Management Skill) 2023
Technical Workshop Rbb(Business Jakarta, September 9, Internal House (Diklat)
Competency Development Skill) 2023
Technical Workshop Fgd – Sme(Credit Skill) Jakarta, October 20, 2023 Internal House (Diklat)
Competency
108 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 109
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Young Eun Moon Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Certification Smr Lv V Dir (Pembekalan) (Risk Jakarta, February 21, 2023 Bsmr
Competency Management Skill)
Certification Smr Lv V Dir (Ujian) Jakarta, February 24, 2023 Bsmr
Competency
Soft Competency Kursus B. Indonesia(Self Jakarta, February 1-31, Bintera Global Indonesia
Development Skill) 2023
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Audit Committee
Stephen Liestyo Technical Kick Off Shine Project(It Skill ) Jakarta, February 22, 2023 Dxc
Competency.
Technical Wks Profile&Organization Skai(Audit Jakarta, March 21, 2023 Internal House (Diklat)
Competency Skill )
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp(Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Technical Workshop Skai (Rka) (Audit Skill) JJakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Nanang Supriyatno Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Eugene K Galbraith Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, Internal House (Diklat)
Competency Commissioner(Business 2023
Development Skill)
Ir.Dewi A.Sah Bandar,Mm Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Jacobus Sindu Adisuwono Technical Wks Profile&Organization Skai Jakarta, March 21, 2023 Internal House (Diklat)
Competency (Audit Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Remuneration and
Nomination Committee
PT Bank KB Bukopin Tbk Annual Report 2023 109
Page 110
Company Profile
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Hae Wang Lee/ Commissioner Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation (Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Tippy Joesoef/ Commissioner Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Fun Walk Kb Bukopin (Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Workshop Skai (Rka) Audit Skill Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Jerry Marmen Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Wks Profile&Organization Skai Jakarta, March 21, 2023 Internal House (Diklat)
Competency (Audit Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Sukriansyah S. Latief Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Nanang Supriyatno/ Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Commissioner Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, July 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
110 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 111
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Nam Hoon Cho Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, Internal House (Diklat)
Competency Commissioner(Business 2023^
Development Skill)
Gamaridha Akhirul Ar Technical Workshop Serikat Pekerja Dg Jakarta, February 10, 2023 Internal House (Diklat)
Competency Dpc(Self Development Skill)
Technical Workshop Strategic Th 2023 (Hr Jakarta, February 1, 2023 Internal House (Diklat)
Competency Skill)
Managerial Profile Assessment (Self Jakarta, March 16, 2023 And
Competency Development Skill)
Technical Fun Walk Kb Bukopin (Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Technical Workshop Collective Labour (Self Jakarta, July 5, 2023 Internal House (Diklat)
Competency Development Skill)
Certification Management Umum Dana Pensiun Jakarta, June 15, 2023 Asosiasi Dapen
Competency (Hr Skill) Indonesia
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Rbb(Business Jakarta, September 9, Internal House (Diklat)
Competency Development Skill) 2023
Technical Workshop Human Capital (Hc Skill) Jakarta, October 28, 2023 Internal House (Diklat)
Competency
Technical Workshop Undang Jakarta, October 12, 2023 Pt.Xynexis International
Competency Undang Perlindungan Data
Pribadi(Compliance Skill)
Risk Monitoring Committee
Tippy Joesoef/ Commissioner Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Fun Walk Kb Bukopin (Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Workshop Skai (Rka) Audit Skill Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
PT Bank KB Bukopin Tbk Annual Report 2023 111
Page 112
Company Profile
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Stephen Liestyo Technical Kick Off Shine Project(It Skill ) Jakarta, February 22, 2023 Dxc
Competency.
Technical Wks Profile&Organization Skai(Audit Jakarta, March 21, 2023 Internal House (Diklat)
Competency Skill )
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp(Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Technical Workshop Skai (Rka) (Audit Skill) Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Jerry Marmen Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Wks Profile&Organization Skai Jakarta, March 21, 2023 Internal House (Diklat)
Competency (Audit Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Nam Hoon Cho Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Rahardja Alimhamzah Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Togar Natigor Siregar Technical Webinar Fkdkp(Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
112 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 113
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Intergrated Governance
Committee
Sukriansyah S. Latief Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Tippy Joesoef/ Commissioner Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Technical Fun Walk Kb Bukopin (Self Jakarta, March 11, 2023 Internal House (Diklat)
Competency Development Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Technical Workshop Skai (Rka) Audit Skill Jakarta, November 10, Internal House (Diklat)
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Eugene K Galbraith/ Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Commissioner Competency Transformation(Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Hae Wang Lee/ Commissioner Technical Kick Off Shine Project (It Skill) Jakarta, February 22, 2023 Dxc
Competency
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation (Business
Development Skill)
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
PT Bank KB Bukopin Tbk Annual Report 2023 113
Page 114
Company Profile
Type of
Material of Education and
Name and Position Education and Time / Place Organizer
Training
Training
Corporate Secretary
Yocky Eko Wicaksono Technical Kick Off Shine Project (It Skill ) Jakarta, February 22, 2023 Dxc
Competency
Technical Workshop Annual Report (Corsec) Jakarta, 4 April 2023 Inkmark
Competency (Ga & Administration Skill)
Managerial Workshop Boc Dan Bod Sustainable Jakarta, July 18, 2023 Internal House (Diklat)
Competency Transformation(Business
Development Skill)
Certification Refreshment Smr Level 1-5(Risk Jakarta, September 4-9, Bsmr
Competency Management Skill) 2023
Technical Webinar Fkdkp (Compliance Skill) Jakarta, October 10, 2023 Fkdkp
Competency
Technical Training Budget Expense Pic Jakarta, October 26, 2023 Internal House (Diklat)
Competency Allocation (It Skill)
Technical Training Ngbs-Be Budget Trf & App Jakarta, October 26, 2023 Internal House (Diklat)
Competency Batch 2 (25okt) (It Skill)
Technical Training Icofr (Financial Skill) Jakarta, November 21, Pwc, Deloite &Kookmin
Competency 2023
Managerial Workshop Board Of Jakarta, November 8, 2023 Internal House (Diklat)
Competency Commissioner(Business
Development Skill)
Internal Audit Unit Head
Roby Endrama Purba Technical Sharing Session Skai (Audit Skill) Jakarta, August 11, 2023 Internal House (Diklat)
Competency
Technical Workshop Bisnis Operation & Jakarta, January 9, 2023 Internal House (Diklat
Competency Sinergi Reg Iv(Operation Skill)
Technical Sharing Session Compliance & Risk Jakarta, July 15, 2023 Internal House (Diklat)
Competency Group
Technical Workshop Skai Jakarta, October 9, 2023 Internal House (Diklat)
Competency
Technical Sharing Session Skai October Jakarta, October 6, 2023 Internal House (Diklat)
Competency
Technical E Learning Anti Fraud Th 2023(Risk Jakarta, October 23 – Internal House (Diklat)
Competency Management Skill) November 3, 2023
Technical E Learning Apu Ppt Tahun Jakarta, October 23 – Internal House (Diklat)
Competency 2023(Compliance Skill) November 3, 2023
Technical Workshop Skai (Rka) Audit Skill Jakarta, November 10, Internal House (Diklat)
Competency 2023
Technical Smnr Nasional Internal Audit 2023 Jakarta, December 6-7, Ypia
Competency 2023
114 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 115
PT Bank KB Bukopin Tbk Annual Report 2023 115
Page 116
4 Management Analysis and Discussion of Company Performance
Page 117
Page 118
Management Analysis and Discussion of Company Performance
GENERAL
OVERVIEW
GLOBAL ECONOMIC ANALYSIS of the world’s population, especially in several main countries
such as the US, European Union, India and Taiwan.
2023 has been a year full of challenges and opportunities
in the dynamics of the global and national economy. On a In general, sentiment on global financial markets tends to be
global scale, several countries, especially the European positive in December 2023, supported by expectations of a
Union and China, are experiencing moderation in economic reduction in the Fed Funds Rate (FFR) interest rate and the
growth. This prompted the adoption of more accommodative narrative of a soft landing in the US, thereby encouraging
monetary policy to address these changes. This global risk the return of fund inflows to Emerging Markets (EM) and
and uncertainty is triggered by the dynamics of developed strengthening global financial markets, including Indonesian
countries which have a global impact. The United States (US) is financial market. Volatility in the stock market, debt securities
still faced with inflation that is above target, high interest rates, and exchange rates was also observed to decrease. This
increasing fiscal pressure, and eroding excess savings which reflects the stability that is starting to strengthen in global
overshadow economic weakness. Meanwhile, other developed financial markets
countries, namely the People’s Republic of China (PRC), are .
still grappling with economic weakness after Covid-19, and However, the complex geopolitical situation and rapid changes
Europe’s economic condition is still weak with an increasing in monetary policy are still risk factors that market players
fiscal deficit accompanied by core inflation that is still high. need to be aware of. In the years ahead, monitoring these
On the other hand, global growth prospects are predicted developments will be key in managing risks and exploiting
to remain weak as stated by international institutions. World opportunities in global markets.
economic growth in 2023 was revised down by the IMF to
only 3% and by the World Bank to only 2.1%. Inflation is also NATIONAL ECONOMIC ANALYSIS
predicted to reach 5.8%, higher than the pre-pandemic period. In the midst of global environmental disruption throughout 2023,
both in terms of supply chains, natural disasters, financial sector
Meanwhile, based on data submitted by the Ministry of volatility, and geo-economic fragmentation, the Indonesian
Finance on December 15, 2023, it was noted that in terms of economy is relatively resilient. Data from the Central Statistics
manufacturing activities, it appears that 69.6% of countries Agency (BPS) records that the Indonesian economy will grow
are in the contraction zone, such as the US, Europe, Germany, by 5.05% in 2023. Growth occurs in all business fields. The
France, England, Italy, Japan, South Korea, Thailand, Malaysia, business fields that experienced the highest growth were
and Vietnam. Meanwhile, the other 30% is in the expansion Transportation and Warehousing at 13.96%; followed by Other
zone, including Indonesia Services at 10.52%; and Provision of Accommodation and Food
. and Drink amounting to 10.01%. Meanwhile, the Processing
Apart from that, the market is still paying close attention to Industry which has a dominant role grew 4.64%. Meanwhile,
future geopolitical developments, such as the escalation of Agriculture, Forestry and Fisheries as well as Wholesale and
tensions in the Red Sea as a result of the Palestine-Israel Retail Trade; Car and Motorcycle Repairs grew by 1.30% and
conflict, as well as the holding of general elections covering 50% 4.85% respectively.
3,39
4,89
4,64
4,63
5,53
4,85
1,87
1,30
4,00
4,38
6,12
2,81
4,01
3,24
19,87
13,96
4,63
4,85
1,56
4,77
3,60
4,95
5,53
2,25
1,93
6,10
2,01
Manufacturing Trade; Car & Agriculture, Mining & Construction Transport & Information & Financial Others
Industry Motorbike Forestry & Quarrying Warehousing Communication Services &
Repairs Fisheries Insurance
Source: Indonesian Statistics Data
118 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 119
The structure of Indonesia’s GDP by business field based on BANKING INDUSTRY ANALYSIS
current prices in 2023 does not show any significant changes.
The Indonesian economy is still dominated by the Processing As quoted from the Fourth Quarter Monetary Policy Report
Industry Business Field at 18.67%; followed by Wholesale and released by Bank Indonesia, it states that banking credit in 2023
Retail Trade; Car and Motorcycle Repairs by 12.94%; Agriculture, will remain good, thereby supporting economic growth. Credit
Forestry and Fisheries at 12.53%; Mining and Quarrying at growth in 2023 will reach 10.38% (yoy), within the upper range
10.52%; and Construction at 9.92%. The role of these five of Bank Indonesia’s forecast of 9-11%. From the demand side,
business fields in the Indonesian economy reached 64.58%. the increase in credit is in line with the positive performance
Indonesia’s economic growth which remains strong is supported of corporations and households. From the supply side, the
by a number of factors. Household consumption grew by 5.06% increase in credit was driven by banking risk appetite and well-
(yoy), influenced by increased mobility, stable purchasing power maintained banking liquidity capacity, including the positive
and high consumer confidence. Meanwhile, investment growth impact of Bank Indonesia’s liquidity policies such as KLM and
reached 5.77% (yoy), driven by government infrastructure the Macroprudential Liquidity Buffer (PLM). Based on usage
development. Even though exports of goods experienced a group, credit growth was mainly supported by investment
contraction of 4.26% (yoy), exports of services, especially credit and working capital credit, amounting to 12.26% and
from the tourism sector, continued to grow strongly. Spatially, 10.05% respectively.
solid economic growth occurred throughout Indonesia, with
the highest growth recorded in Sulawesi-Maluku-Papua Meanwhile, sectorally, credit growth was mainly supported
(Sulampua), Java, Kalimantan, Sumatra and Bali-Nusa Tenggara by the performance of the Transportation, Social Services,
(Balinusra). Trade and Electricity, Gas and Water sectors. Sharia financing
in December 2023 also grew by 15.80% (yoy), while MSME
On the other hand, the strengthening of the Rupiah exchange credit growth reached 8.03% (yoy). Looking ahead, credit
rate continued in line with the consistency of Bank Indonesia’s growth is predicted to increase in the range of 10-12% in 2024,
monetary policy and the global financial market uncertainty in line with continued strong domestic economic growth. Bank
began to ease. Bank Indonesia data records that the Rupiah Indonesia will continue to maintain the effectiveness of KLM
exchange rate on December 20, 2023 strengthened on average implementation and strengthen synergies with the Government,
by 0.44% compared to developments in November 2023. With financial authorities, Ministries/Institutions and banks, as well
these developments, the Rupiah exchange rate strengthened as business actors to encourage the distribution of banking
0.37% compared to the level at the end of December 2022, credit/financing in high-leverage sectors to support sustainable
better than with the Philippine Peso, Indian Rupee, and Thai Baht economic growth.
recorded weakening by 0.05%, 0.53%, and 0.85% respectively.
In addition to Bank Indonesia’s stabilization policy, the continued Bank Indonesia also stated that banking resilience remains
appreciation of the Rupiah exchange rate was driven by the strong. The capital adequacy ratio (CAR) was recorded at
inflow of foreign portfolio flows, attractive returns on domestic a high level of 27.86% in November 2023. Banking liquidity
financial assets, and the continued positive economic outlook. remained adequate, as reflected in the ratio of Liquid Assets
Going forward, Bank Indonesia will continue to be alert to a to Third Party Funds (AL/DPK) in December 2023 which was
number of risks that may arise and ensure that the stability maintained high in 28.73%. Maintaining banking liquidity is in
of the Rupiah exchange rate is maintained. The pro-market line with the continued high level of banking placements in
monetary operations strategy through SRBI, SVBI and SUVBI securities that are classified as liquid and the implementation
instruments is optimized to improve liquidity management of KLM. Banking liquidity capacity (lending capacity) is also
of domestic financial institutions and attract foreign capital supported by strengthening pro-market monetary operations
inflows from abroad. Bank Indonesia continues to strengthen strategies through, among other things, SRBI trading on the
coordination with the Government, banking and the business secondary market, which provides banks flexibility in managing
world to support the implementation of foreign exchange liquidity. Meanwhile, the banking non-performing loan (NPL)
placement instruments from Natural Resources Exports (DHE ratio was recorded as low, at 2.19% (gross) and 0.75% (net).
SDA) in line with Government Regulation Number 36 of 2023.
Despite global challenges, such as geopolitical uncertainty and Overall, strong banking resilience is supported by the continued
changes in monetary policy in several countries, the Indonesian good repayment capacity of corporations and households,
financial market shows positive resilience. Decreased volatility in line with corporate performance and household income
in stock markets, debt securities and exchange rates reflects expectations which continue to improve. Bank Indonesia’s
increasingly strong stability. With solid economic growth stress-test results show that banking resilience remains
projected for 2023, Indonesia is ready to face various global strong in facing various risks of uncertainty in the future. Bank
challenges, maintain economic stability, and make a positive Indonesia will continue to strengthen policy synergies with
contribution to the world economy. the Financial System Stability Committee (KSSK) in mitigating
various risks that have the potential to disrupt financial system
stability.
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Management Analysis and Discussion of Company Performance
The performance of digital economic and financial transactions remains strong, supported by a safe, smooth and reliable payment
system. In 2023, the digital banking transaction value was recorded at IDR 58,478.24 trillion or grew by 13.48% (yoy) and is
projected to increase 9.11% (yoy) to reach IDR 63,803.77 trillion in 2024. Meanwhile, the transaction value Electronic Money
(EU) increased 43.45% (yoy) to reach IDR 835.84 trillion and is projected to increase 25.77% (yoy) to reach IDR 1,051.24 trillion
in 2024. QRIS transaction nominal was recorded to grow 130.01% (yoy) and reached IDR 229.96 trillion, with 45.78 million users
and 30.41 million merchants, most of whom were MSMEs. Meanwhile, the value of payment transactions using ATM cards, debit
cards and credit cards reached IDR 8,178.69 trillion or decreased by 0.81% (yoy). In terms of Rupiah currency management, the
amount of Currency in Circulation (UYD) in December 2023 increased by 7.33% (yoy) to IDR 1,101.75 trillion.
The efficiency and reliability of the Bank Indonesia Payment System (SPBI) is well maintained, which is supported by adequate
liquidity conditions. BI-FAST and BI-Real Time Gross Settlement (RTGS) transactions continue to increase, with BI-FAST still being
the public’s choice for transferring funds. The good stability of the payment system is reflected in the absence of BI-RTGS and
BI-Scripless Securities Settlement System (SSSS) transaction rejects which are related to liquidity problems. SPBI is also running
well because it is supported by the smooth running of the operational side, as reflected in system availability which is maintained
at 100%. Bank Indonesia continues to ensure the availability of Rupiah currency in sufficient quantities with maintained quality
throughout the territory of the Republic of Indonesia through the Rupiah currency distribution program to Outermost, Frontier,
Remote (3T) areas as well as Mobile Cash, Deposit Cash and Sovereign Rupiah Expedition activities.
KB BANK’S POSITION IN THE BANKING INDUSTRY
Bank KB Bank’s aspiration is “To become a major financial institution in Indonesia”. KB Bank aspires to become one of the most
successful banks and can create added value in Indonesia, including healthy credit growth and a profitable financial structure,
becoming a leading digital player bank for the retail and SME segments, and becoming the main bank of choice for credit.
wholesale segment and Korean link business segment. KB Bank continues to maintain its position in the Indonesian banking
industry as described below:
KB Bank Position Based on Performance in the Indonesian Banking Industry
(In Billions of Rupiah, Unless Stated Otherwise)
DESCRIPTION KB BANK INDUSTRY
Main Indicator (Growth)
Asset 84.307 11.765.838
Credit 49.419 7.186.935
Third Party Fund (DPK ) 44.789 8.457.929
1. Giro 3.178 2.662.550
2. Savings 6.873 2.669.183
3. Deposits 34.738 3.126.196
Equity 14.110 1.759.622
Profit before tax (6.787) 304.445
Profit After Tax (6.056) 243.326
Interest income 4.862 977.001
Interest expense (4.053) 447.336
Financial Ratio (Position)
NIM 0,78% 4,81%
ROA -7,71% 2,74%
CASA 23,39% 63,04%
CAR 27,05% 27,65%
LDR 113,18% 83,83%
BOPO 223,28% 78,92%
NPL gross 9,70% 2,19%
120 Annual Report 2023 PT Bank KB Bukopin Tbk
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KB Bank’s Position towards Peers Group
Assets Credit Third Party Fund Profit after Tax
Rank
Bank Bank Bank Bank
1 Bank KB Bank Bank Bank
2 KB Bank Bank Bank Bank
3 Bank Bank Bank Bank
4 Bank Bank KB Bank Bank
5 Bank Bank Bank Bank
6 Bank Bank Bank Bank
7 Bank Bank Bank Bank
8 Bank Bank Bank Bank
9 Bank Bank Bank KB Bank
BANK STRATEGY 2023
The Bank has prepared a business plan for 2023-2025 which was revised in June 2023, however, taking into account global
economic uncertainty and the weakening of the Bank’s fundamentals, the Bank needs to act actively in response to the upcoming
crisis. If the Bank cannot respond quickly and appropriately, there is a risk that the Bank will not survive and its Business Continuity
will be disrupted. Following up on this, the Bank set its main focus on active steps to resolve the root of internal problems and
external crises through “Fundamental Deep Change”, through:
1. Capital management by maximizing recovery of non-performing loans,
2. Building a Foundation for Sustainable Future Growth
3. Focus on Core Business and Increase Profitability
4. Innovation and Organizational/Manpower/Outlet Change
To achieve the 2023 target, strategic steps have been determined which are divided into 13 (thirteen) strategic agendas with
the aim of “Becoming the Main Financial Institution of Choice in Indonesia”. The strategic headline for the 2023 agenda is “BISA”,
a reflection of the motivation of KB Bank’s people to continue to make sustainable changes and improvements with the aim
of achieving mutual victory through 4 pillars, namely Boost Sales Performance, Innovation for Turnaround, Strengthening the
quality of Assets, Advanced IT & Digital.
The Bank has a transformation plan that is structured in three stages according to the predetermined time projections. The first
phase (2022-2023) aims to rebuild the business foundations with a focus on quality asset growth. In the second phase (2024-
2025), the Bank will enter a stage of stronger stability and will focus on its main business segments, namely retail and MSMEs.
The third phase (2026-dst) targets the Bank to become the financial institution of choice in Indonesia as a whole.
In the 2023 business plan, the Bank will focus on building a brand image to restore public trust which had declined due to negative
issues in 2020. The Bank will also emphasize to the public that KB Bank is again ready to become a trusted business partner
for the Indonesian people. Apart from strengthening its position in the domestic market, the Bank will optimize its international
network through the Korean Desk KB Kookmin to attract Korean companies interested in investing in Indonesia. This aims to
make KB Bank the main partner in providing financial services for these companies.
Based on the changes to the business plan, the Bank is committed to continuing to make changes, one of which is by focusing
on “improving the performance” in increasing performance in all fields as part of efforts to increase PPOP which is projected
to remain negative in 2023, with the hope that it will improve in 2023. 2024. Efforts to improve the performance will be carried
out through:
1. Credit Growth: The Bank will increase its new credit growth target in 2023 to IDR 10 Trillion, with an emphasis on wholesale
credit as the main driver (62%), followed by retail credit (25%) and MSME credit (13%). The Bank will utilize synergies between
business segments to build an optimal business ecosystem, with a focus on credit quality.
2. Increase in Funds: The Bank will direct growth towards increasing CASA (Current Account Savings Account) with a growth
target of IDR 11.38 Trillion in 2023. This fund program aims to attract new quality customers, with total DPK targeted to
reach IDR 47.9 Trillion in December 2023.
3. Cost Reduction: The Bank will focus on reducing costs related to outlet optimization, by closing a number of branches that
experience negative PPOP. As many as 36% of branches will be closed, including the main branch office. In addition, the
Bank will carry out a gradual workforce reduction, with approximately 900 employees affected by this initiative, representing
27% of total employees as of December 2022.
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Management Analysis and Discussion of Company Performance
4. The Bank realizes the importance of paying attention to various operational, business, customer and reputation aspects
in implementing this initiative. Although aware of the possible impact, the Bank believes this step is important to ensure the
continuity of its business. All management is committed to carrying out this strategic planning process wisely.
The Bank is committed to adjusting its business plan with a focus on improving asset quality, to achieve national banking industry
standards. In dealing with significant non-performing loans, the Bank will take corrective steps which include:
1. Strengthening the SAM Organization: The Bank will strengthen the Special Asset Management (SAM) organization which
will focus on handling non-performing loans through intensive collection efforts.
2. Restructuring Through Restructuring: The Bank will restructure non-performing loans, manage DPD (Days Past Due), accelerate
settlement through litigation/non-litigation, Asset Yield Deterioration Allowance (AYDA), and Write Off.
3. Performance Target: The Bank targets to reduce the Net NPL ratio to <4% and Gross NPL <7.99% by 2023, so that it can
compete with other banks. To achieve this target, the Bank will implement Asset Backed Securities (ABS) and Sukuk, as well
as optimize LAR collections, DPD management discipline, as well as sustainable AYDA offsets and sales.
Banks also pay attention to appropriate capital strategies. In 2023, the Bank will optimize capital through Limited Public Offering
(PUT) VII, raising funds amounting to IDR 11.99 trillion. This is necessary because the Bank’s core capital continues to decline
due to the resolution of non-performing loans and the impact of the end of the Covid-19 stimulus. The use of capital is focused
on supporting subsidiaries, with plans to inject capital of IDR 1.3 trillion into Bank KB Bukopin Syariah and KB Bukopin Finance.
Banks consider it important to manage capital carefully for business expansion and organic growth. Improvements in credit
quality will be reflected in financial ratios, especially through credit sales through ABS and Sukuk schemes, improvements to the
cost structure of TPF funds, and increased cost efficiency through cost transparency. In this way, the Bank hopes to increase
profitability, reflected in the NIM (Net Interest Margin) ratio.
BANK POLICY DIRECTION
The Bank has a vision of becoming the “Primary Choice Financial Institution in Indonesia”, to achieve this vision KB Kookmin as
the controlling shareholder supports the Bank’s transformation to achieve this aspiration. Support not only in the financial aspect
but also from the business, IT and other aspects. The Bank understands that to achieve this vision it is necessary to build a
strong foundation with a commitment to change from all people at KB Bank and the time required is not short. The following are
short and medium term targets as well as long term targets set to achieve the aspirations of the company’s direction and goals:
Short/ Mid Term Target Long Term Target
Win back market trust Transformation into a high profitable Bank
Quick clean up bad asset
Revised KB Bank Business Plan for 2023~2025
Build digital infra through NGBS Build KB Financial Comprehensive Financial Platform
Scale up business capacity and capabilities Top Bank in asset quality by complating normalization of bad loan
Aggressive cost reduction
The bank has set short and medium term goals to rebuild the business base through quality asset growth and technological
infrastructure improvements. Focus on developing digital aspects to increase selling power with a series of digital products
that meet customer needs.
In the credit aspect, the Bank will focus more on the main business segments, including corporate/wholesale as the main driver,
as well as connected retail and MSME segments. Credit growth will be focused on the wholesale/Korean Desk segment as a
foundation for building a stable business ecosystem in the future. The Bank’s policy steps and directions are divided into 3
phases which will be explained further.
Phase 1 (2022 - 2023) – Rebuild Foundations:
1. Root Cause Analysis: The Bank prioritizes growth in businesses that are well understood and have a big impact through
identification through root cause analysis. Priority strategic areas for improvement are immediately identified, including
governance, systems, procedures and business strategy.
2. Restore Market Confidence: The Bank’s strategic step is to restore market confidence to achieve accelerated growth,
especially in good quality businesses, even with margins that may be lower.
3. Improving Asset Quality: The Bank believes that resolving non-performing loans will reduce the Bank’s total assets, but
considers that becoming a “small but strong” bank is the beginning of a revival in the future.
4. Capital Strengthening: The capital strengthening plan is carried out to support new business growth and as a buffer for
strategic steps in accelerating asset quality improvements through corporate action plans in 2023.
5. IT and Digital Infrastructure Support: To support business acceleration, the Bank is strengthening digitalization through
existing digital channels. The bank also plans to strengthen its IT system to create a digital environment and strengthen its
position in the Indonesian banking industry.
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Phase 2 (2024-2025) – Focused Bank:
1. Increased Business Focus: The Bank is directing its focus on “good Bank” business growth in the MSME and Retail segments
after passing the rebuild phase. Digital transformation supports aggressive growth in the retail segment with more efficient
processes. The Bank plans to develop Retail products as a growth engine in the future.
2. Business Process Implementation: Standardized and centralized business processes will be implemented through the
digitalization of Project SHINE and Business Process Restructuring (BPR).
3. Building a Digital Ecosystem: The Bank has a medium-term target to build a digital platform-based ecosystem after preparing
its competitive differentiation. Optimizing risk management and utilizing digital processes will be the focus to improve risk
management. Integrity from all internal elements of the Bank is required to achieve the stated aspirations.
Long Term Goals:
KB Bank’s aspiration is to become a major financial institution in Indonesia, with the goal of turning KB Bank into one of the most
successful banks and creating added value in Indonesia. Main focus includes:
1. Healthy Credit Growth: The Bank is committed to achieving healthy credit growth and a profitable financial structure.
2. Digital Leader in Retail and SME Segment: The Bank aims to be a leading bank in digital services for the retail and SME segment.
3. Main Choice for Indonesia-Korea Wholesale and Business Segments: The Bank wants to be the main bank of choice for
credit in the wholesale and business segments between Indonesia and Korea.
Through the fundamental transformation that has been carried out, the Bank has set a long-term target to become a Medium
Bank with global capacity through stable growth. The bank hopes to go through the rebuild phase and build a strong business
ecosystem with the support of digitalization of banking services. The bank hopes to grow sustainably through the turn around
phase, with a business strategy that transforms from a low cost structure to a highly profitable bank. Growth will be prioritized
across all business segments, with increasing market share balanced by building new capabilities and product offerings to
capture larger market opportunities. The bank will design a value proposition in digital banking for all segments and build a
comprehensive financial platform.
To achieve the Bank’s aspirations, there are 4 (four) main strategies that are the key to the Bank’s success, namely:
a. Good Bank
Restore market confidence by creating sustainable Bank fundamentals and profits based on expanding market share
and business, including by developing new products, processes, sales competencies, customer-oriented ethical culture
b. Bad Banks
Maximize value by increasing collection and credit sales activities, clean up bad assets using sources from good bank
profits.
c. Cost Efficiency
This is done by eliminating inefficient costs through the ProX program initiative, increasing transparency, optimizing
channel strategy and HR productivity
d. Capital Utilization
Effective use of new capital for new credit and future investments for sustainable growth.
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Management Analysis and Discussion of Company Performance
OPERATIONAL OVERVIEW
PER BUSINESS SEGMENT
A business segment is a group of assets and operations that through insurance cover. The features offered by this
offers goods or services with different risks and returns from product include the ceiling offered starting from IDR 1
other segments. KB Bank divides business segments based million to IDR 300 million, the term given from 1 (one) to
on accounting policy regulations into Operating Segments 15 (fifteen) years or the maximum age when the credit
and Geographical Segments. The Bank applies PSAK No. 5 is paid off is 75 (seventy five) years.
(Revised 2009), which regulates disclosures to enable users b. Pre-Retirement Period Credit (MPP)
of financial statements to evaluate the nature and financial This is a credit given to Civil Servants (PNS) who have
impact of business activities and the economic environment entered the Retirement Preparation period or 2 (two)
in which the Bank operates. years before retirement. The advantage of this product
is that it provides future preparation for retirement with
KB Bank carries out business activities such as raising funds, optimal protection through insurance. This credit can
distributing credit, and providing banking services through be repaid before and after retirement at competitive
developing products and services that are oriented to customer interest rates. The requirements offered are quite easy
needs. and the process is fast. The ceiling offered starts from
IDR 1 million to IDR 300 million with a maximum term
In the banking services industry, production refers to the results of 15 (fifteen) years.
of product and service marketing activities carried out by c. Car Ownership Credit
banks. In this report, the production performance of the Bank This is a loan facility for customers to meet their needs
as the main entity will be explained. The performance of the in owning four-wheeled vehicles, both new and used
Conventional Segment and Sharia Segment as Subsidiaries cars, with a fast, light and flexible process.
will be presented in the analysis and management discussion d. Home/Apartment Ownership Credit
section of this annual report. This is a loan facility for customers to meet consumer
needs in owning, renovating and/or increasing the
Overall, KB Bank’s segments are divided into Operational usability of a house/apartment with a fast, light and
Segments and Geographical Segments. The Operations flexible process.
segment consists of Conventional, Financing and Sharia groups. e. Multipurpose Credit (KSG)
Meanwhile, KB Bank reports Geographic Segments based on Loan facility to customers who are employees of a
Java, Sumatra, Kalimantan, etc. company that has payroll facilities from KB Bank to
meet multipurpose needs such as education costs,
OPERATING SEGMENT wedding costs, hospital costs, tourist trips, purchasing
household equipment, and other consumptive needs.
CONVENTIONAL BANKING SEGMENT f. Back to Back Credit
Conventional Banking consists of Credit products, Fund Loan facilities provided to customers with collateral in
Products and Other Services. the form of savings/deposits/current accounts.
g. Credit card
Credit Products For shopping or cash needs, KB Bank offers VISA,
The credit products offered by KB Bank consist of Retail credit MASTERCARD and private label credit cards (KB
products, MSME credit and Commercial credit. Bukopin Card) which provide many conveniences and
benefits for consumers. The KB Bukopin Credit Card
Retail Credit provides low and competitive interest rates without
1. Retail Credit distinguishing between shopping transactions and cash
a. Pensioner Credit withdrawals. Currently KB Bank offers several types of
KB Bank provides business capital loan opportunities credit cards, including:
for retirees or retired widows/widowers who receive i) Infinite Credit Card;
monthly pension money to remain productive workers ii) Platinum Credit Card;
through pension credit. The advantage of the pension iii) Gold Credit Card;
credit product is that this loan can be used as business iv) Classic Credit Card;
capital, the processing process is fast with easy terms
and the interest rates offered are competitive. Apart
from that, this product also offers optimal protection
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v) Business Cards; b. Program Products
vi) Private label KB Bukopin card. i) Equipment Finance
Investment credit financing scheme for purchasing
h. Active Civil Servant Credit Channeling BPR equipment to support customers’ operational activities
Active Civil Servants (PNS) can take advantage of in carrying out business expansion where the main
loan funds from KB Bank to open businesses/business collateral guaranteed is the asset collateral being
opportunities or to meet other needs through active civil financed
servant loans from KB Bank in collaboration with BPR ii) SME Mortgage
Regional Governments/City Governments throughout Credit given to MSME companies for investment
Indonesia. The advantage of this product is that it can purposes or ownership of business premises,
reach customers in remote areas according to the location shophouses, warehouses, SOHO (Small Office Home
of the BPR. This credit can be used as business capital Office), Office Space to be occupied/as a productive
with a fast process and easy conditions accompanied by business facility owned by the debtor.
optimal protection through insurance guarantees. The iii) 3. Supply Chain Financing
feature offered by this product is a ceiling starting from Supply Chain Financing is a working capital financing
IDR 1 million to IDR 200 million with a maximum term of 15 for business actors to develop their business by
(fifteen) years or when the credit is paid off the maximum purchasing stock of goods from suppliers, including:
is retirement age. • Dealer Financing
Scheme for providing funds to Dealers who have
MSME Credit collaborated with the Principal in purchasing
MSME products provided by KB Bank consist of 2 (two) segments, goods produced/provided by the principal
namely Small and Medium Enterprises (UKM) Credit and Micro • Vendor Financing
Credit Vendor Financing is a collaboration with
Anchor to provide credit facilities to Suppliers
1. SME Credit recommended by Anchor on the basis of
Credit products in the SME segment consist of Cash Loan effective invoices, with the aim of bridging the
and Non Cash Loan products. maturity of receivables from Suppliers.
Cash Loan products include products, namely generic • Financing Distributor
products, namely Working Capital Credit, Investment Credit Collaboration program with Anchor to provide
and program products or derivative products from generic credit facilities to Distributors recommended by
products Anchor specifically for transactions involving
a. Generic Products purchasing goods from Anchor
i) Working Capital Credit (KMK) iv) Current Account Loans (PRK)
It is a short-term credit facility provided to debtors Credit facilities provided by the Bank to meet
to finance the procurement of current assets and/ working capital (operational) needs for a certain
or replace trade payables, temporarily finance the period and can be extended, where withdrawals
company’s routine (day-to-day) operational activities, can be made using scripts (cheques/bilyet giro)
advance payments, cash reserves, or other working during the credit period
capital components in accordance with the character v) BPR Financing
of the debtor’s business. maximum return period of Financing scheme for Rural Banks (BPR) which carry
1 (one) year. out conventional business activities which in their
ii) Investment Credit (KI) activities do not provide services in payment traffic
It is a medium and long term credit facility provided and the withdrawal proceeds from the bank are
to debtors to finance the procurement of fixed assets passed on to the end user
and/or to finance capital goods needs, including in the vi) SKBF Fleet Channeling Financing
context of rehabilitation, modernization, expansion, Investment credit financing scheme for purchasing
new projects, take over and refinancing with a passenger vehicles (four-wheeled) or pick-up cars
repayment period of between 3 (three ) up to 10 (ten)
years which has derivative products, namely
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Management Analysis and Discussion of Company Performance
(four-wheeled) to support customers’ operational has wider financial transaction service capabilities while
activities in expanding their business using a still paying attention to statutory regulations applicable.
channeling pattern through Sunindo Kookmin Non-Fixed Capital (MTT) is a credit facility provided by
Best Finance (SKBF), where the main collateral KB Bank to Cooperatives to be used as working capital
guaranteed is the asset collateral being financed . for Swamitra savings and loan business activities.
The growth of financial technology (fintech) services in Commercial Credit
Indonesia can be said to be very rapid, where every year new Commercial Credit is credit provided with a credit limit of more
financing institutions emerge to help meet the financial needs than IDR 15 billion. Credit products in the commercial segment
of the community. Simply put, fintech is a service that operates consist of 3 (three) products, namely Working Capital Credit,
in the field of technology-based financial services, so KB Bank Investment Credit and Syndicated Credit products.
also participates in this fintech financing through collaboration 1. Working Capital Credit
with Peer to Peer. This is a short-term credit facility provided to finance the
a. Peer to Peer debtor’s working capital needs with a maximum repayment
P2P Lending is an online platform that provides facilities period of 1 (one) year. This facility helps customers improve
for fund owners to provide funds/potential debtors liquidity to meet funding needs in order to fulfill their
with higher returns, while fund borrowers can apply for obligations and/or carry out the company’s daily operations
loans/credit directly to fund owners with easier terms in the near future.
and a faster process compared to financial institutions. 2. Investment Credit
conventional. It is a medium and long-term credit facility provided
to debtors to finance the procurement of fixed assets/
Non Cash Loan products include Letter of Credit (L/C), Domestic facilities or the construction of a project that can support
Letter of Credit (SKBDN) and Bank Guarantee/SBLC/Demand the smooth running of the business, process/produce goods
Guarantee products. or services, and the return of the credit comes from the
1. Letter of Credit (L/C) operationalization and/or commercialization of the project.
It is a written instrument or promise issued by a Bank with a repayment period of between 3 (three) to 10 (ten)
(issuing Bank) at the request and written instructions of years.
the Debtor/customer (applicant). 3. Syndicated Credit
2. Domestic Letter of Credit (SKBDN) This is financing to debtors carried out by several banks
commonly known as a Domestic “Letter of Credit” (SKBDN) jointly to finance a project.
is any written promise based on the written request of the
applicant (applicant) which is binding on the opening Bank. Credit Product Profitability
3. Bank Guarantee In 2023, KB Bank’s total credit reached IDR 49.42 trillion, a
It is a promise with certain terms and conditions regulated decrease of 2.30% from the previous year which reached IDR
and stipulated in the Bank guarantee agreement between 50.58 trillion in 2022. This decrease is due to the Company’s
the Bank and the Debtor/Principal which states that at the strategy to reduce low quality portfolio, by reducing LAR through
Principal’s request, for a certain period of time, a certain various schemes including intensive collection, portfolio sales
amount and certain needs, the Bank will pay the Principal’s and write-offs. The Company continues to clear bad loans to
obligations to the Obligee, if The Principal defaults (breaks become a clean bank. In addition, the Company also conducted
his promise) to the Obligee. solid loan expansion throughout 2023. The realisation of new
credit grew 6.0% to IDR 6.7 trillion as of December 2023 from
2. Micro Credit the same period last year (year on year/YoY). KB Bank’s new
a. People’s Business Credit (KUR) credit growth was evident in all segments, but the highest
It is a credit product for financing productive businesses growth came from the corporate segment which contributed
in the micro, small, medium and cooperative business 73% or IDR 4.9 Trillion to the Company’s total new credit. SME’s
segments, which are feasible but not yet bankable for credit contributed 7%, while the retail segment accounted for
working capital and/or investment through direct or 20%. Credit distribution supported by the corporate business
indirect (linkage) financing patterns guaranteed by the segment is KB Bank’s strategy to maximise credit expansion
Credit Guarantee Agency. while improving asset quality and keeping the cost of funds
b. Swamitra Non-Fixed Capital Credit under control. The Company’s new credit growth and asset
Swamitra is the name of a form of cooperation or quality improvement until December 2023 was accompanied
partnership between the Company and the Cooperative by an increase in interest income of 17.8% YoY to IDR 4.1 trillion
to develop and modernize the Savings and Loans in the January-December 2023 period.
Business (USP) through the use of a technological
network and management system support so that USP
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Credit Product Performance
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
MSME Credit 15.633 31,63% 18.397 36,37% (2.763) -15,02%
Consumer Credit 12.458 25,21% 13.474 26,64% (1.017) -7,55%
Commercial Credit 21.328 43,16% 18.712 36,99% 2.615 13,98%
Total 49.419 100,00% 50.583 100,00% (1.165) -2,30%
Retail Credit Product Performance
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Retiree Credit 8.330 66,87% 8.890 65,98% (560) -6,29%
Pre-Retirement 1.215 9,75% 842 6,25% 373 44,30%
Credit
Car Loan 185 1,49% 204 1,51% (19) -9,24%
House/Apartment 1.363 10,94% 1.709 12,68% (346) -20,26%
Loan
Multipurpose 1 0,01% 4 0,03% (3) -71,70%
Credit (KSG)
Back to Back 22 0,17% 125 0,93% (103) -82,69%
Credit Card 457 3,67% 531 3,94% (74) -13,95%
Others 885 7,10% 1.169 8,68% (285) -24,35%
Total 12.458 100,00% 13.474 100,00% (1.017) -7,55%
In 2023, there is a decline in retail credit performance of 7.55%, or IDR 1.01 trillion, compared to the previous year, namely total
retail credit recorded at IDR 13.47 trillion in 2022. This decline was triggered by a decrease in retiree credits and house loans.
Credit card
KB Bank has been involved in the Credit Card Business since 2003, making it an established business segment. This business
is still a promising option with bright prospects in providing services that facilitate customer needs. With the KB Bukopin VISA,
MASTERCARD and private label credit cards (KB Bukopin Card), customers can enjoy easy shopping and cash withdrawals.
Another advantage is the low and competitive interest rates, which apply to all types of transactions, both shopping and cash
withdrawals. Currently the Company offers several types of credit cards, including:
1. Infinite Credit Card;
2. World Credit Card
3. Platinum Credit Card;
4. Business Card Credit Card
5. Customized Credit Card
6. Gold Credit Card;
7. Classic Credit Card;
8. Private label KB Bukopin Card
Credit Card Business Performance
The Company is one of the banks licensed as an issuer and recipient of card payments in Indonesia. Apart from that, the Company was
also given permission to issue a private label card known as the KB Bukopin Card. With the support of current permits and infrastructure,
the Company’s credit card business has great potential for development. In 2023, the Company will continue to make various efforts to
increase the growth of the credit card business and payment recipients, by implementing the following strategies:
1. Premium Credit Card for Priority Customers.
2. Commercial Cards for Strategic Partners, Corporate and Payroll Customers.
3. Internal employees of KB Bank.
PT Bank KB Bukopin Tbk Annual Report 2023 127
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Management Analysis and Discussion of Company Performance
Credit Card Business Performance
2022-2023
Growth
Description 2023 2022
Difference Percentage (%)
Total Cardholders 553.842 569.120 -15.278 -2,68%
Card Use (billion IDR) 623 779 -156 -20%.
Credit (billion IDR) 457 531 -74. -13.94%
Fee-based Credit Card (billion IDR) 38 45 -7 -15.55%
Sales Volume of Merchant (billion 359 480 -121 -25,21%
IDR)
Fee-based Merchant (billion IDR) 4 6 -2 -33.33%
MSMEs Credit
MSMEs Credit Product Performance
In billion IDR
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
SMEs Credit 14.609 93,45% 17.150 93,22% (2.541) -14,81%
Micro Credit 1.024 6,55% 1.247 6,78% (223) -17,86%
Total 15.633 100,00% 18.397 100,00% (2.763) -15,02%
In 2023, MSME credit performance shows a decline of 15.02% or around IDR 2.76 trillion compared to the previous year, namely
total MSME credit was recorded at IDR 18.40 trillion in 2022. This decrease was caused by the company’s strategy to reduce
poor quality portfolios. namely reducing LAR.
SMEs Credit
(in billion IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Investment Loan 5.000 34,23% 7.032 41,00% (2.032) -28,89%
Working capital Loan 2.762 18,91% 3.805 22,19% (1.043) -27,40%
Equipment Financing 125 0,85% 182 1,06% (57) -31,38%
Dealer Financing 640 4,38% 365 2,13% 275 75,21%
Other 6.082 41,63% 5.766 33,62% 316 5,48%
Total 14.609 100,00% 17.150 100,00% (2.541) -14,81%
In 2023, total SME credit is recorded at IDR 14.61 trillion, a decrease of 14.81% or around IDR 2.54 trillion compared to the previous
year. Total SME credit reached IDR 17.15 trillion in 2022. This decrease was caused by by the company’s strategy to reduce the
existing poor quality credit portfolio, namely reducing the LAR.
Micro Credit
(in billion IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
KUR 110 10,74% 106 9% 4 3,77%
Swamitra Non-Fixed 914 89,26% 1.141 91% (227) -19,89%
Capital Credit
Total 1.024 100% 1.247 100% (223) -17,85%
128 Annual Report 2023 PT Bank KB Bukopin Tbk
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Until the end of 2023, the amount of Micro Credit amounted to IDR 1.02 billion, 17.85% decrease or IDR 223 billion compared
to 2022 which was recorded at IDR 1,25 billion. This decrease was caused by This decrease was due to the business focus on
reducing LAR on Swamitra credit.
Fee based Income Non Cash Loan
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Trade Finance 7.070 62% 1,682 13% 435 4%
Bank Guarantee 11.398 38% 10,963 87% 5.388 320%
Total 18.468 100% 12,645 100% 5.823 46%
Until the end of 2023, the total Fee Based Income Non Cash loan amounted to IDR 18,468 billion, an increase of 46% or IDR
5.82 billion compared to 2022 which was recorded at IDR 12.64 billion. This increase was caused by more active trade finance
transactions compared to 2022.
Commercial Credit
The description of the performance of each product during the financial year period is as follows.
Commercial Product Performance
(In billion IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Working Capital Loan 10.128. 47,39% 10.410 55,63% 282. 97,29%.
Investment Loan 6.6890 31,30% 6.918 36,97% 229 96,69%
Sindication Credit 4.554 21,31% 1.384 7,39% 3.170 329,06%
Total 21.371 100,00% 18.712 100,00% 2.659 114,21%
In 2023, the amount of commercial credit was recorded at IDR 21.73 trillion, an increase of 114.21% or IDR 2.66 trillion compared
to 2022 which was IDR 18.71 trillion. This increase was caused by syndicated credit which began to grow.
Wholesale/ Commercial Credit
(In billion IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Koreanlink 4.242 19,89% 1.927 10,30% 2.316 120,18%
Non-Korea 17.085 80,11% 16.785 89,70% 300 1,79%
Total 21.328 100,00% 18.712 100,00% 2.615 13,98%
Total 21.371 100,00% 18.712 100,00% 2.659 114,21%
In 2023, the amount of wholesale or commercial credit was recorded at IDR 21.33 trillion, an increase of 13.98% or IDR 2.62 trillion
compared to 2022 which was IDR 18.71 trillion. This increase was mainly driven by an increase in in the koreanlink segment.
The realization of new koreanlink credit grew 54.7% to IDR 2.3 trillion as of December 2023 from the same period last year
(year on year/YoY). KB Bank continues to transform under its new controlling shareholder from South Korea, Kookmin Bank, by
continuing to open new business opportunities. One of the business opportunities that KB Bank is exploring after becoming
part of the KB Financial Group (KBFG) is Korean Link. Established in November 2020, Korean Link aims to open new potential
partnerships with South Korean companies that have representative offices in Indonesia, as well as national private companies
owned or affiliated with South Korean companies.
As of December 2023, Korean Link’s credit portfolio had reached IDR 4.2 trillion and its funding portfolio more than IDR 5 trillion.
These figures show significant growth over the three years of Korean Link’s existence.
PT Bank KB Bukopin Tbk Annual Report 2023 129
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Management Analysis and Discussion of Company Performance
Fund Products
The fund products offered by the Company consist of Retail and Commercial fund products.
1. Ritel Segmen
The MSME and Consumer funding businesses were combined into the Retail business segment. This change has a positive
impact on the Company because it provides greater opportunities for marketing funding personnel. Potential and funding
offers are not only obtained from individual customers, but also from corporate customers (business entities). The main target
of Retail funding business activities is to increase the number of customers in the mass affluent (middle) segment, create
a fund structure with a stable low-cost fund composition, and increase the number of transactions. Retail funding business
activities are also supported by marketing programs which are packaged in an integrated marketing communications plan
which not only aims at product sales but also has a positive impact on building the image of KB Bank. Fund products in the
Retail business are described as follows:
a. Current Account
Third party fund deposits where withdrawals can be made using an ATM card (individuals), checks, giro bills, or other
comparable warrants. The types of current accounts provided by KB Bank to customers are:
• General Current Account
Savings in Rupiah currency to meet the company’s daily transaction needs.
• Currency Current Account
Savings in foreign currency to meet the company’s daily foreign currency transaction needs.
b. Savings
Various savings products are provided to serve customers’ needs, both for daily household transactions and investments
to optimize savings interest income, on the other hand, they can also be used to plan future funding needs, for business
needs or for religious purposes. The types of savings provided by KB Bank to customers are:
• KB Bukopin Tabungan Siaga Savings
Savings whose withdrawals can only be made according to certain agreed conditions, and cannot be withdrawn by
check/bilyet giro or equivalent.
• KB Bukopin Tabungan Siaga Savings
Savings Collaboration specifically designed for collaboration between KB Bank and companies in the context of
payroll (accommodating employee salary payments) or other collaborations which have the characteristic of opening
savings collectively.
• KB Bukopin Business Tabungan Siaga Savings (Individuals and Business Entities)
Savings intended for individuals and business entities with legal or non-legal entities. This savings makes it easy
for customers to monitor their business transactions printed in the savings book. The services provided to business
savings account holders are very attractive, including the availability of ATM cards, e-banking, and facilities for
automatically transferring funds from savings to checking accounts or vice versa (SiAgamatic).
• KB Bukopin Premium Tabungan Siaga Savings
Interest-bearing savings equivalent to deposits that have a variety of services, convenience and flexibility.
• KB Bukopin Savings Plan
Savings intended for individuals to meet future needs with a fixed deposit amount each month and can only be
withdrawn at a certain time according to the agreement.
• KB Bukopin Dollar Tabungan Siaga Savings
Savings in the form of foreign currency for customer transaction needs.
• Tabunganku
Savings which is a government program aimed at individuals without incurring administrative fees.
• Siaga Retirement Savings
Savings aimed at collecting funds from retirees including pension payments.
• SIMPEL Savings (Student Savings)
Savings accounts for students issued nationally by banks in Indonesia, with easy and simple requirements and
attractive features, in the context of education and inclusion to encourage a culture of saving from an early age.
• Wokee Digital Savings
Electronic-based individual savings that can be used as a cardless transaction account, using a digital application
base in which there are various features that can be accessed to carry out various transactions.
c. Deposit
The deposit product developed by KB Bank is in order to meet customer needs for savings products that have a certain
period of time and provide a more attractive interest rate than current accounts and savings. In the Retail business
segment, KB Bank provides the following deposit products:
• General Deposits
Term savings for individual customers and business entities whose withdrawals can only be made at certain times
according to the agreement in rupiah currency.
130 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 131
• Foreign Currency Deposits
Time savings in foreign currency for individual customers and business entities whose withdrawals can only be made
at certain times according to the agreement.
• Merdeka Deposits
Term savings which can be withdrawn at any time according to the agreement between the customer and the
Company, with added value without penalty fees if withdrawn before maturity.
• Online Deposits
Term savings for individual customers whose withdrawals can only be made at certain times according to the
agreement in rupiah currency and can only be accessed online.
2. Commercial
The Commercial funds business is a balancing segment for the growth of third party funds and the Company’s liquidity
needs. The Commercial fund business has a main target market of state-owned companies and national private companies
by establishing a follow-the-money strategy and increasing depositor loyalty with banking operational cooperation as the
underlying fund placement. The products and services sold are packaged in an integrated service such as cash management,
host to host (H2H) payment services, virtual accounts and other transactional services. Commercial business funding sources
come from current accounts and deposit products with competitive interest rates. Details related to Commercial business
fund products are described as follows:
a. Giro
• General Current Account
Savings in Rupiah to meet the company’s daily transaction needs.
• Currency Current Account
Savings in foreign currency to meet the company’s daily foreign currency transaction needs
b. Deposit
• KB Bukopin Rupiah deposits
Term savings for individual customers and business entities whose withdrawals can only be made at certain times
according to the agreement in rupiah currency.
• Foreign Currency Deposits
Time savings in foreign currency for individual customers and business entities whose withdrawals can only be made
at certain times according to the agreement.
• Deposits on Call
Term savings where withdrawals can only be made through prior notification according to the agreement between
the customer and the bank.
Fund Product Productivity
Until the end of 2023, the total number of accounts collected by the Bank was 544,626 units, a decrease of 1,306,018 units or
a decrease of 70.58% compared to the previous year which reached 1,850,458 account units.
Number of Fund Product Accounts
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
Retail 542.626 99,67% 1.848.589 99,90% (1.305.963) -70,65%
Commercial 1.814 0,33% 1.869 0,10% (55) -2,94%
Total 544.440 100,00% 1.850.458 100,00% (1.306.018) -70,58%
On the other hand, KB Bank in 2023 managed to collect funds amounting to IDR 44.79 trillion, a decrease of 13.80% or IDR 7.17
trillion from 2022 which reached IDR 51.96 trillion.
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Management Analysis and Discussion of Company Performance
Total Fund from the Fund Product
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Retail 30.008 67,00% 37.579 72,32% (7.571) -20,15%
Commercial 14.781 33,00% 14.383 27,68% 398 2,76%
Total 44.789 100,00% 51.962 100,00% (7.173) -13,80%
Retail Funds
The Retail business funding segment is collected from various savings, checking and deposit products offered to both individuals
and business entities. The following is an overview of the performance of the Company’s Retail fund products:
Number of Retail Fund Account
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
Current Account 13.650 2,52% 15.125 0,82% (1.475) -9,75%
Savings 512.298 94,41% 1.809.453 97,88% (1.297.155) -71,69%
Time Deposits 16.678 3,07% 24.011 1,30% (7.333) -30,54%
Total 542.626 100,00% 1.848.589 100,00% (1.305.963) -70,65%
In 2023, the number of third-party fund accounts in KB Bank Retail fund segment decreased by 70.65%, or 1,305,963 units of
accounts, from 1,848,589 units of accounts in 2022 to 542,626 units of accounts in 2023. The decrease was mainly in Savings
because in 2023, the Bank conducted a review of existing accounts to focus on quality accounts, in which the Bank conducted
deepening to customers to be able to add funds or make transactions. Accounts were then closed considering there were still
accounts that remained inactive and had zero balances.
Total Third Party Funds from Retail Segment
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Current Account 1.763 5,88% 2.537 6,75% (774) -30,50%
Savings 5.056 16,85% 6.647 17,69% (1.591) -23,93%
Time Deposits 23.189 77,28% 28.396 75,56% (5.206) -18,34%
Total 30.008 100,00% 37.579 100,00% (7.571) -20,15%
In 2023, the Retail Segment of KB Bank succeeded in raising third party funds amounting to IDR 30.01 trillion. This number decreased
by 20.15% or decreased by IDR 7.57 trillion compared to the previous year which reached IDR 37.58 trillion. In nominal terms, the biggest
decline occurred in deposit products which fell by IDR 5.21 trillion or a decrease of 18.34%. This decrease was caused by the large
number of customers disbursing deposits as a result of the closure of several KB Bank outlets/branch offices during the 2023 period.
Current Account
Until the end of 2023, the number of checking product accounts in the Retail funds segment of KB Bank reached 13,570 units. This
figure has decreased by 1,555 units or around -10.28% compared to the previous year, which recorded 15,125 units in 2022.
132 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 133
Number of Retail Current Accounts
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
General Current Account 13.127 96,17% 14.537 96,11% (1.410) -9,70%
Foreign Currency Current 523 3,83% 588 3,89% (65) -11,05%
Account
Total 13.650 100,00% 15.125 100,00% (1.475) -9,75%
Total Retail Current Account Funds
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
General Current Account 1.722 97,63% 2.419 95,33% (697) -28,82%
Foreign Currency Current 42 2,37% 119 4,67% (77) -64,79%
Account
Total 1.763 100,00% 2.537 100,00% (774) -30,50%
In 2023, total funds from current account products in the Retail funds segment of KB Bank has reached IDR 1.76 trillion. There was a decrease
of 30.50% or decrease of IDR 774 billion from the previous year which recorded IDR 2.54 trillion. This decrease was mainly due to a decrease
in volume in foreign exchange demand deposit products.
Savings
Until the end of 2023, the number of savings product accounts in the Retail fund segment decreased by 71.69%, or by 1,297,155 account
units from a total of 1,809,453 account units in 2022 to 512,298 account units in 2023. This decrease was due to the fact that in 2023, the
Bank conducted a review of existing accounts to focus on quality accounts, in which the Bank conducted deepening to customers to be
able to add funds or make transactions. Accounts were then closed considering there were still accounts that remained inactive and had
zero balances.
Total Funds for Retail Savings Products
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
SiAga KB Bukopin 65.924 12,87% 508.839 28,12% (442.915) -87,04%
SiAga KB Bukopin 53.385 10,42% 672.312 37,16% (618.927) -92,06%
Cooperation
SiAga KB Bukopin Plan 5.187 1,01% 6.947 0,38% (1.760) -25,33%
SiAga KB Bukopin Individual 8.463 1,65% 19.868 1,10% (11.405) -57,40%
Business
SiAga KB Bukopin Business 7.194 1,40% 5.933 0,33% 1.261 21,25%
for Business Entity
SiAga KB Bukopin Premium 1.488 0,29% 2.246 0,12% (758) -33,75%
SiAga KB Bukopin Foreign 283 0,06% 295 0,02% (12) -4,07%
Currency
SiAga KB Bukopin 190.276 37,14% 176.634 9,76% 13.642 7,72%
Retirement
SIMPEL 32.705 6,38% 30.721 1,70% 1.984 6,46%
Tabungan Rakyat Savings - 0,00% - 0,00% - 0,00%
Wokee 98.671 19,26% 72.885 4,03% 25.786 35,38%
TabunganKu 48.722 9,51% 293.175 16,20% (244.453) -83,38%
Other Savings - 0,00% 19.598 1,08% (19.598) -100,00%
Total 512.298 100,00% 1.809.453 100,00% (1.297.155) -71,69%
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Management Analysis and Discussion of Company Performance
Number of Retail Savings Accounts
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
SiAga KB Bukopin 922 18,23% 1.018 15,32% (96) -9,43%
SiAga KB Bukopin 207 4,09% 271 4,07% (64) -23,60%
Cooperation
SiAga KB Bukopin Plan 85 1,68% 116 1,74% (31) -26,58%
SiAga KB Bukopin Individual 487 9,63% 636 9,56% (148) -23,35%
Business
SiAga KB Bukopin Business 942 18,64% 848 12,76% 94 11,11%
for Business Entity
SiAga KB Bukopin Premium 1.433 28,35% 2.370 35,66% (937) -39,54%
SiAga KB Bukopin Foreign 54 1,06% 115 1,73% (61) -53,32%
Currency
SiAga KB Bukopin Retirement 344 6,80% 345 5,19% (1) -0,41%
SIMPEL 3 0,05% 2 0,04% 0 3,82%
Tabungan Rakyat Savings 0 0,00% 0 0,00% 0 20,03%
Wokee 15 0,29% 17 0,26% (3) -16,19%
TabunganKu 87 1,73% 211 3,17% (123) -58,56%
Other Savings 478 9,45% 698 10,50% (220) -31,51%
Total 5.056 100,00% 6.647 100,00% (1.591) -23,93%
In 2023, the amount of savings product funds in the Retail funds segment has reached IDR 5.06 trillion, a decrease of 23.93% or
minus IDR 1.59 trillion compared to 2022 which reached IDR 6.65 trillion. This decrease was caused by a large decrease in funds for
premium savings customers.
Deposit
Until the end of 2023, the number of deposit product accounts in the Retail funds segment decreased by -30.54% or decreased by
7,333 account units from 24,011 account units in 2022 to 16,678 account units in 2023. This decrease was caused by the disbursement
of deposits that carried out by customers which is also the impact of the outlet closures that occurred in semester 1 of 2023.
Number of Retail Deposit Product Accounts
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
General Deposits 10.471 62,78% 14.004 58,32% (3.533) -25,23%
Currency Deposits 254 1,52% 269 1,12% (15) -5,58%
Merdeka Deposits 4.466 26,78% 7.533 31,37% (3.067) -40,71%
Business Entity 1.453 8,71% 2.195 9,14% (742) -33,80%
Deposits
Deposits on Call 34 0,20% 10 0,04% 24 240,00%
(DOC)
Total 16.678 100,00% 24.011 100,00% (7.333) -30,54%
134 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 135
Amount of Retail Deposit Product Funds
(in billions IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
General Deposits 14.447 62,30% 15.123 53,26% (677) -4,47%
Currency Deposits 984 4,25% 718 2,53% 267 37,20%
Merdeka Deposits 348 1,50% 617 2,17% (269) -43,62%
Business Entity 6.771 29,20% 11.804 41,57% (5.033) -42,64%
Deposits
Deposits on Call 639 2,76% 134 0,47% 505 377,72%
(DOC)
Total 23.189 100,00% 28.396 100,00% (5.206) -18,34%
In 2023, the amount of deposit product funds in the Retail funds segment is recorded at IDR 23.19 trillion, a decrease of 18.34% or
minus IDR 5.21 trillion compared to 2022 which is recorded at IDR 28.40 trillion. This decrease was mainly caused by a change in the
bank’s focus to reduce deposit composition and further increase CASA.
Commercial Funds
In the Commercial business segment, the Company offers two types of savings fund products to Commercial customers, namely
Current Accounts and Time Deposits. The Company actively exploits the potential of the network of Korean companies operating in
Indonesia to promote the growth of its commercial funds. The following are details of the performance of Commercial fund products
that were successfully collected by the Company’s Commercial business segment:
Number of Commercial Fund Accounts
(in account units)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Difference Percentage
(Unit) (%) (Unit) (%) (Unit) (%)
Current Accounts 1.135 62,57% 1.156 61,85% (21) -1,82%
General Current 945 52,09% 982 52,54% (37) -3,77%
Accounts
Foreign Currency 190 10,47% 174 9,31% 16 9,20%
Current Account
Deposits 132 7,28% 47 2,51% 85 180,85%
Rupiah Deposits 547 30,15% 666 35,63% (119) -17,87%
Foreign Currency 510 28,11% 612 32,74% (102) -16,67%
Deposits
Deposito on Call 29 1,60% 16 0,86% 13 81,25%
(DOC)
Total 8 0,44% 38 2,03% (30) -78,95%
In 2023, the number of product accounts in the Commercial funds segment has decreased by 2.94% or 55 account units from 1,869
units in 2022 to 1,814 units in 2023. However, the Company also succeeded in increasing the number of corporate customers by
101.17% from 1,000 customers in 2022 to 1,017 customers in 2023. Apart from that, the Company also explains its performance based
on the amount of third party funds successfully collected in Commercial fund products, as seen in the table below:
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Management Analysis and Discussion of Company Performance
Total Commercial Fund
(in billion IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Current Accounts 1.414 9,57% 1.041 7,24% 374 35,89%
General Current 1.005 6,80% 762 5,30% 243 31,84%
Accounts
Foreign Currency 410 2,77% 279 1,94% 131 46,95%
Current Account
Deposits 1.817 12,30% 309 2,15% 1.508 487,62%
Rupiah Deposits 11.549 78,14% 13.033 90,61% (1.484) -11,39%
Foreign Currency 8.787 59,45% 9.900 68,83% (1.112) -11,24%
Deposits
Deposito on Call 2.466 16,68% 2.437 16,94% 29 1,19%
(DOC)
Total 296 2,00% 697 4,84% (401) -57,51%
In 2023, the total funds in the Commercial funds segment reached IDR 14.78 trillion, an increase of 2.76% or IDR 398 billion from the
previous year which reached IDR 14.38 trillion. This increase was due to an increase in CASA products, namely current accounts and
savings.
Fee Based Income
The Company’s Fee Based Income activities come from various activities, including buying and selling (trading) of Treasury products,
Public Services, Trade Finance, Bank Guarantees, and agency services. Apart from that, there is an increase in e-banking facility
services, cash management, credit card fees, custodian services, Swamitra management and IT services, as well as public utilities.
Along with the development of banking services, the Company also began to provide investment products and wealth management
services to its customers.
Details related to fee based income services are described as follows:
Capital Market and Financial Institution Services
Capital Market and Financial Institution Services are one of the Company’s mainstay businesses. Improving the quality of Capital Market
and Financial Institution services as well as development continues to be improved in order to gain customer trust and satisfaction in
using the Trustee or Custodian Services of KB Bank. By providing Trustee Services and Custodian Sales, the Company’s fee based
income can be increased.
Details of the performance of the Trustee and Custodian are described as follows:
Fee Based Income Trustee of Bank Bukopin Fee Based Income Custodian Bank Bukopin
No Periode Cumulative Fee Based Income No Periode Cumulative Fee Based Income
1 Jan-23 1.524.081.750 1 Jan-23 379.976.953
2 Feb-23 2.594.715.000 2 Feb-23 839.765.119
3 Mar-23 3.958.662.880 3 Mar-23 1.149.756.856
4 Apr-23 4.633.464.930 4 Apr-23 1.404.439.020
5 May-23 5.276.323.180 5 May-23 1.837.470.994
6 Jun-23 5.700.391.430 6 Jun-23 2.131.733.996
7 Jul-23 6.717.075.430 7 Jul-23 2.415.265.654
8 Aug-23 8.027.223.630 8 Aug-23 2.808.602.970
9 Sep-23 9.416.558.630 9 Sep-23 3.106.924.108
10 Oct-23 10.488.008.630 10 Oct-23 3.428.567.989
11 Nov-23 13.023.266.380 11 Nov-23 4.071.605.179
12 Dec-23 14.443.667.380 12 Dec-23 4.313.178.868
136 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 137
With support from the Majority Shareholder, Kookmin Bank Seoul, the Company is further strengthening its reputation. This is reflected
in the increasing number of collaborations with nearly 600 correspondent banks, both at home and abroad. This collaboration supports
the expansion of the Company’s business, including sending money between countries (remittances), export-import trade, and other
transactions to increase fee-based income. The Company’s Financial Institution & Correspondent Bank products include the issuance
of Demand Guarantee, Vostro IDR KB Bukopin Accounts, Money Order Rediskonto transactions, and Banker’s Acceptance.
KB Bukopin Trade Finance
KB Bukopin Trade Finance is a trade financing product provided by the Company to support goods buying and selling transactions
between sellers and buyers, both domestically and across countries. This product includes Export, Import, Domestic Letter of Credit
(SKBDN), Bank Guarantee, Standby L/C and Flexy Bill services. The following are details of the performance of KB Bukopin Trade
Finance products.
Number of KB Bukopin Trade Finance Transactions
(in transaction amount)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Export Service 153 0,64% 71 0,23% 82 115,49%
Import Service 115 0,48% 79 0,25% 36 45,57%
Remittance 23.529 98,87% 30.945 99,52% -7.416 -23,97%
Total 23.764 100% 31.095 100% -7.298 -23,47%
Performance of KB Bukopin Trade Finance
(in million rupiah
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Export Service 2.026 24,00% 116 1,66% 1.910 1646,55%
Import Service 1.406 16,66% 1.239 17,69% 167 13,48%
Remittance 5.009 59,34% 5.648 80,65% -639 -11,31%
Total 8.441 100,00% 7.003 100% 1.438 20,53%
Treasury
Liquidity management is carried out by the Company in accordance with Financial Services Authority (OJK) and Bank Indonesia (BI)
regulations, while optimizing profits. Treasury coordinates with business and support units to monitor daily cash flow, including large
customer fund movements and daily trends, to design daily liquidity management strategies.
As a liquidity manager, the Company acts as a profit center by optimizing interest income and fee based income. Transactions involve
Bank Indonesia, commercial banks, securities and money brokers. The focus is on foreign exchange buying and selling transactions
to improve the treasury’s function as a profit center. Treasury products and services offered to customers include:
1. Forex buying and selling transactions (value today, tom, spot, forward, swap);
2. Deposit on Call (DOC);
3. Bond buying and selling transactions (government and corporate);
PT Bank KB Bukopin Tbk Annual Report 2023 137
Page 138
Management Analysis and Discussion of Company Performance
Volume Transaksi Treasury
(in million rupiah)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Capital Market 242.148.600 70.98% 268.072.767 71.00% (25.924.167) -9,67%
Foreign Currency 88.405.596 25.91% 96.029.447 25.43% (7.623.851) -7,94%
Marketable 10.610.727 3.11% 13.446.533 3.56% (2.835.806) -21,09%
Securities
Total Treasury 341.164.923 100% 377.548.747 100% (36.383.824) -9,64%
Transaction
Volume
Treasury Interest Income
(in million rupiah)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Interest Income from 213.933 22.01% 127.436 20.22% 86.497 67,87%
Bank Indonesia
Interest Income from 78.925 8.12% 44.150 7.00% 34.775 78,77%
Other Banks
Bond Interest 679.262 69.87% 458.741 72.78% 220.521 48,07%
Income
Total Treasury 972.120 100% 630.327 100.00% 341.793 54,22%
Interest Income
Treasury Non-Interest Income
(in million rupiah)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (Rp) (%) (Rp) (%)
Forex Transactions 12.979 52.51% 14.546 26.62% (1.567) -10,77%
Securities and 11.740 47.49% 40.100 73.38% (28.360) -70,72%
Mutual Fund
Transactions
Total Treasury 24.719 100% 54.646 100.00% (29.927) -54,77%
Interest Income
Services and Other Services
Other services and services offered by the Company in 2023 include Card Business, E-Banking, KB Bukopin Prioritas, KB Bukopin
Cash Management, State Revenue Module, and Other Banking Services.
Business Card
Business Card Product Performance
(in billion Rupiah, except transaction amount)
2023 2022 Increase (Decrease)
Product Number of Number of Number of Nominal
Nominal (IDR) Nominal (IDR)
Transactions Transactions Transactions (IDR)
Bukopin Credit Card 907.838 623 1.009.170 779 -101.332 -156
E-Banking
138 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 139
E-Banking Product Performance
(in billion Rupiah, except transaction amount)
2023 2022 Increase (Decrease)
Product Number of Number of Number of
Nominal (IDR) Nominal (IDR) Nominal (IDR)
Transactions Transactions Transactions
ATM 1.470.465 1.043.231 4.093.842 2.844.245 (2.623.377) (1.801.014)
SMS 51.191 52.206 134.330 111.417 (83.139) (59.211)
Banking
Internet 9.225 103 138.665 5.970 (129.440) (5.867)
Banking
Bukopin Priority
Bukopin Priority Performance
(in billion Rupiah, except for the number of customers)
2023 2022 Increase (Decrease)
Product DPK DPK Nominal
Customers Customers Customers
(IDR) (IDR) (IDR)
Bukopin Priority 7.250 3.073 7.669 4.129 409 1.056
Bukopin Cash Management
Bukopin Cash Management Performance
(in billion Rupiah, except transaction amount)
2023 2022 Increase (Decrease)
Product Jumlah Nominal Number of Nominal Number of Nominal
Transaksi (Rp) Transactions (IDR) Transactions (IDR)
Bukopin Cash 3.791 800 3.744 542 47 259
Manajement (BCM)
State Revenue Module (MPN)
State Revenue Module (MPN) Performance
(in billion Rupiah, except transaction amount)
2023 2022 Increase (Decrease)
Product Number of Nominal Number of Nominal Number of Nominal
Transactions (IDR) Transactions (IDR) Transactions (IDR)
State Revenue 11.297 1.565 30.325 1.704 (19.028) (139)
Module (MPN)
Other Banking Services
Performance of Other Banking Services
(in billion Rupiah, except transaction amount)
2023 2022 Increase (Decrease)
Product Number of Nominal Number of Nominal Number of Nominal
Transactions (IDR) Transactions (IDR) Transactions (IDR)
Prepaid Electricity 33.057.890 3.289 41.201.013 4.754 (8.143.123) (1.465)
Bukopin Current 4.556 14 119.687 863 (115.131) (849)
Account Virtual
Account
EDC 25.117 20 134.121 481 (109.004) (461)
PT Bank KB Bukopin Tbk Annual Report 2023 139
Page 140
Management Analysis and Discussion of Company Performance
FINANCING SEGMENT
In the Financing segment, products and services come from KB Bukopin Finance, including Investment Financing, Working Capital
Financing and Multipurpose Financing.
Financing Segment Productivity
On balance sheet financing products experienced an increase of IDR 19.14 billion, from IDR 200.96 billion in 2022 to IDR 220.10 billion
in 2023. Meanwhile, joint financing products actually experienced a decrease of IDR 80.62 billion, from IDR 650.47 billion. billion in
2022 to IDR 569.85 billion in 2023.
Details related to the performance of on balance sheet and joint financing products are described as follows:
Financing Product Performance (On Balance Sheet)
(in million IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Investment Financing 146.330 66,49% 99.697 49,61% 46.633 46,78%
Working Capital 29.707 13,50% 4.440 2,21% 25.267 569,08%
Financing
Multipurpose 40.288 18,30% 86.604 43,10% (46.315) -53,48%
Financing
Buying and Selling 3.769 1,71% 10.219 5,09% (6.450) -63,11%
Financing (Sharia)
Total 220.095 100,00% 200.960 100,00% 19.136 9,52%
Financing Product Performance (Joint Financing)
(in million IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Total Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Investment Financing 354.581 62,22% 425.342 65,39% (70.761) -16,64%
Working Capital 294 0,05% 787 0,12% (493) -62,69%
Financing
Multipurpose 189.123 33,19% 216.792 33,33% (27.669) -12,76%
Financing
Buying and Selling 25.852 4,54% 7.551 1,16% 18.301 242,36%
Financing (Sharia)
Total 569.849 100,00% 650.472 100,00% (80.623) -12,39%
SHARIA SEGMENT
The products and services provided in the financing segment come from the Bank KB Bukopin Syariah division, a subsidiary of the
Company. The products available include various types of financing in accordance with sharia principles, funding products that comply
with sharia rules, as well as various other services adapted to meet financial needs in accordance with sharia principles.
Sharia Segment Productivity
The productivity of the Sharia segment includes financing products, financing products and fee based income, which is presented
as follows:
Financing Products
In 2023, the Bank’s sharia financing segment recorded total financing of IDR 5.66 trillion, an increase of IDR 493 billion or around
9.55% compared to the previous year which reached IDR 5.17 trillion. The following are details of the performance of Bukopin’s sharia
financing products:
140 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 141
Financing Product Performance
(in million IDR, unless stated otherwise)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Total Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Agriculture 157.705 2,79% 24.517 0,47% 133.188 543,25%
Mining 97.617 1,72% 100.669 1,95% (3.052) -3,03%
Manufacture 409.679 7,24% 88.650 1,72% 321.029 362,13%
Electricity 289.156 5,11% 283.411 5,48% 5.745 2,03%
Construction 255.092 4,51% 317.120 6,14% (62.028) -19,56%
Trading 1.256.280 22,19% 1.368.728 26,48% (112.448) -8,22%
Transportation 510.052 9,01% 480.415 9,30% 29.637 6,17%
Business Services 487.534 8,61% 706.870 13,68% (219.336) -31,03%
Social Services 1.854.148 32,75% 1.179.313 22,82% 674.835 57,22%
Miscellanous 344.522 6,09% 618.453 11,97% (273.931) -44,29%
Total 5.661.785 100,00% 5.168.146 100,00% 493.639 9,55%
Funding Products
In 2023, the number of sharia funding accounts in the Bank will reach 22,496 units, an increase of 12,758 account units or around
5.89% compared to the previous year which recorded 216,738 account units.
Third Party Fund Product Performance
(in account units)
2023 2022 Increase (Decrease)
Product Composition Composition Percentage
Total Total Difference
(%) (%) (%)
Current Account 6.249 2,72% 5.846 2,70% 403 6,89%
Savings 219.818 95,78% 207.436 95,71% 12.382 5,97%
Deposits 3.429 1,49% 3.456 1,59% (27) -0,78%
Total 22.496 100,00% 216.738 100,00% 12.758 5,89%
During 2023, total funds recorded in the Funding segment reached IDR 6.01 trillion, an increase of IDR 416.73 billion compared to the
previous year which was recorded at IDR 5.59 trillion.
Third Party Fund Product Performance
(in million IDR)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Total Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Current Account 459.743 7,65% 647.138 11,58% -187.395 -28,96%
Savings 477.692 7,95% 471.637 8,44% 6.055 1,28%
Deposits 5.068.360 84,39% 4.470.295 79,98% 598.065 13,38%
Total 6.005.795 100,00% 5.589.070 100,00% 416.725 7,46%
Fee Based Income
During 2023, the Company’s fee based income reached IDR 32.73 billion, a decrease of IDR 17.31 billion from the previous year which
amounted to IDR 50.04 billion.
PT Bank KB Bukopin Tbk Annual Report 2023 141
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Management Analysis and Discussion of Company Performance
Fee Based Income
(dalam jutaan Rupiah)
December 31, December 31,
Comp. Comp. Growth Percentage
Description 2023 2023
(IDR) (%) (IDR) (%) IDR %
Bank guarantee 4.221 12,90% 22.712 45,38% -18.491 -81,41%
Admin-Financing 18.466 23,42% 17.230 34,43% 1.236 7,18%
Customer Services 1.512 4,62% 1.614 3,23% -102 -6,31%
Admin-DPK 2.573 7,86% 2.540 5,08% 33 1,32%
PLN 2.363 7,22% 2.955 5,90% -592) -20,04%
Bancassurance 514 1,57% 568 1,14% -54 -9,59%
FBI-ATM 308 0,94% 353 0,71% -45 -12,88%
Sales Asset 327 1,00% 286 0,57% 41 14,49%
Management
Gold Pawn 11 0,03% 15 0,03% -4 -28,35%
Syndication 1 0,00% 5 0,01% -4 -79,00%
Telecommunication 12 0,04% 25 0,05% -13 -51,46%
FBI-Other 2.423 7,40% 1.740 3,48% 683 39,27%
Total 32.731 100,00% 50.043 100,00% -17.312 -34,59%
GEOGRAPHIC SEGMENT
KB Bank’s geographical segments are differentiated based on economic regions, such as Java, Sumatra, Kalimantan and other regions.
Each region has different risks and rewards in producing banking services.
Geographic Segment Productivity
Geographic segment productivity includes loans granted and customer deposits which are presented as follows:
Loans
Geographical Segment Operational Performance
(in billion Rupiah)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jawa 40.813 82,59% 40.874 80,81% (62) -0,15%
Sumatera 3.130 6,33% 3.587 7,09% (457) -12,75%
Kalimantan 983 1,99% 1.307 2,58% (324) -24,78%
Lain -Lain 4.494 9,09% 4.815 9,52% (322) -6,68%
Total 49.419 100,00% 50.583 100,00% (1.165) -2,30%
Customer Savings
Geographical Segment Operational Performance
(in billion Rupiah)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jawa 37.960 84,75% 44.517 85,67% (6.557) -14,73%
Sumatera 2.488 5,56% 3.129 6,02% (641) -20,48%
Kalimantan 2.333 5,21% 2.480 4,77% (147) -5,94%
Lain -Lain 2.008 4,48% 1.836 3,53% 172 9,36%
Total 44.789 100,00% 51.962 100,00% (7.173) -13,80%
142 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 143
REVENUE, PROFITABILITY AND
FINANCIAL POSITION
OF OPERATING SEGMENTS
KB Bank divides business segments based on accounting policy regulations into Operating Segments and Geographical
Segments. The following is information relating to income, profitability and financial position of the Bank and Subsidiaries based
on business segments.
CONSOLIDATED INTEREST INCOME
Consolidated Interest Income
(in millions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Conventional Banking 4.355.568 89,70% 3.677.797 89,37% 677.771 18,43%
Financing 12.935 0,27% 30.275 0,74% (17.340) -57,27%
Sharia 486.942 10,03% 407.257 9,90% 79.685 19,57%
Total before 4.855.445 100,00% 4.115.329 100,00% 740.116 17,98%
Elimination
Elimination 6.191 13.341 (7.150) -53,59%
Consolidated Interest 4.861.636 4.128.670 732.966 17,75%
Income
CONSOLIDATED OPERATING PROFIT (LOSS).
Consolidated Operating Profit (Loss).
(in millions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Conventional (6.088.071) 91,41% (4.987.160) 98,51% (1.100.911) 22,07%
Banking
Financing (17.443) 0,26% (1.687) 0,03% (15.756) 933,97%
Sharia (554.401) 8,32% (73.945) 1,46% (480.456) 649,75%
Total before (6.659.915) 100,00% (5.062.792) 100,00% (1.597.123) 31,55%
Elimination
Elimination 713 6.024 (5.311) -88,16%
Operational Profit (6.659.202) (5.056.768) (1.602.434) 31,69%
(Loss).
PT Bank KB Bukopin Tbk Annual Report 2023 143
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Management Analysis and Discussion of Company Performance
CONSOLIDATED NET PROFIT (LOSS)
Consolidated Net Profit (Loss)
(in millions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Conventional (5.510.780) 90,99% (4.966.957) 98,58% (543.823) 10,95%
Banking
Financing (18.571) 0,31% (2.941) 0,06% (15.630) 531,45%
Sharia (527.065) 8,70% (68.630) 1,36% (458.435) 667,98%
Total before (6.056.416) 100,00% (5.038.528) 100,00% (1.017.888) 20,20%
Elimination
Elimination 713 6.024 (5.311) -88,16%
Consolidated net (6.055.703) (1.023.199) 20,33%
(5.032.504)
profit (loss).
TOTAL CONSOLIDATED ASSETS
Total Consolidated Assets
(in millions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Conventional 78.842.594 90,39% 84.703.740 91,93% (5.861.146) -6,92%
Banking
Financing 459.661 0,53% 424.491 0,46% 35.170 8,29%
Sharia 7.920.474 9,08% 7.013.225 7,61% 907.249 12,94%
Total before 87.222.729 100,00% 92.141.456 100,00% (4.918.727) -5,34%
Elimination
Elimination (2.915.429) (2.146.104) (769.325) 35,85%
Total consolidated 84.307.300 89.995.352 (5.688.052) -6,32%
assets
TOTAL CONSOLIDATED LIABILITIES
Total Consolidated Liabilities
(in millions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Perbankan 64.080.008 89,95% 73.377.904 91,63% (9.297.896) -12,67%
Konvensional
Pembiayaan 10.277 0,01% 299.351 0,37% (289.074) -96,57%
Syariah 7.151.658 10,04% 6.399.153 7,99% 752.505 11,76%
Total sebelum 71.241.943 100,00% 80.076.408 100,00% (8.834.465) -11,03%
Eliminasi
Eliminasi (1.044.806) (1.297.661) 252.855 -19,49%
Total liabilitas 70.197.137 78.778.747 (8.581.610) -10,89%
konsolidasian
144 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 145
REVENUE, PROFITABILITY AND
FINANCIAL POSITION
OF GEOGRAPHIC SEGMENTS
Bank KB Bukopin divides business segments based on accounting policy regulations into Operating Segments and Geographical
Segments. The following is information relating to income, profitability and financial position of the Bank and Subsidiaries based
on business segments.
CONSOLIDATED INTEREST INCOME
Consolidated Interest Income
(in billions IDR, unless stated otherwise)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jabodetabek 3.381.976 69,65% 2.528.513 61,44% 853.463 33,75%
Java outside 654.485 13,48% 756.328 18,38% (101.843) -13,47%
Jabodetabek
Sumatera 324.025 6,67% 322.090 7,83% 1.935 0,60%
Kalimantan 90.653 1,87% 94.924 2,31% (4.271) -4,50%
Others 404.306 8,33% 413.474 10,05% (9.168) -2,22%
Total before 4.855.445 100,00% 4.115.329 100,00% 740.116 17,98%
Elimination
Elimination 6.191 13.341 (7.150) -53,59%
Consolidated 4.861.636 4.128.670 732.966 17,75%
Interest Income
CONSOLIDATED OPERATING PROFIT (LOSS)
Consolidated Operating Profit (Loss)
(in billions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jabodetabek (4.450.328) 66,82% (3.794.169) 74,94% (656.159) 17,29%
Java outside (1.513.717) 22,73% (1.127.194) 22,26% (386.523) 34,29%
Jabodetabek
Sumatera (265.686) 3,99% (55.249) 1,09% (210.437) 380,89%
Kalimantan (88.722) 1,33% (185.371) 3,66% 96.649 -52,14%
Others (341.468) 5,13% 99.191 -1,96% (440.659) -444,25%
Total before (6.659.921) 100,00% (5.062.792) 100,00% (1.597.129) 31,55%
Elimination
Elimination 713 6.024 (5.311) -88,16%
Consolidated (6.659.208) (5.056.768) (1.602.440) 31,69%
Operating Profit
(Loss)
PT Bank KB Bukopin Tbk Annual Report 2023 145
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Management Analysis and Discussion of Company Performance
CONSOLIDATED NET PROFIT (LOSS)
Consolidated Net Profit (Loss)
(in billions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jabodetabek (4.067.817) 67,17% (4.113.729) 81,65% 45.912 -1,12%
Java outside (1.349.764) 22,29% (803.558) 15,95% (546.206) 67,97%
Jabodetabek
Sumatera (269.318) 4,45% (59.267) 1,18% (210.051) 354,41%
Kalimantan (88.786) 1,47% (185.592) 3,68% 96.806 -52,16%
Others (280.731) 4,64% 123.617 -2,45% (404.348) -327,10%
Total before (6.056.416) 100,00% (5.038.529) 100,00% (1.017.887) 20,20%
Elimination
Elimination 713 6.024 (5.311) -88,16%
Consolidated Net (6.055.703) (5.032.505) (1.023.198) 20,33%
Profit (Loss)
TOTAL CONSOLIDATED ASSETS
Total Consolidated Assets
(in billions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jabodetabek 61.507.271 70,52% 63.059.098 68,44% (1.551.827) -2,46%
Java outside 11.298.679 12,95% 14.157.351 15,36% (2.858.672) -20,19%
Jabodetabek
Sumatera 5.807.490 6,66% 6.122.616 6,64% (315.126) -5,15%
Kalimantan 1.492.026 1,71% 1.716.400 1,86% (224.374) -13,07%
Others 7.117.263 8,16% 7.085.991 7,69% 31.272 0,44%
Total before 87.222.729 100,00% 92.141.456 100,00% (4.918.727) -5,34%
Elimination
Elimination (2.915.429) (2.146.104) (769.325) 35,85%
Total Consolidated 84.307.300 89.995.352 (5.688.052) -6,32%
Assets
TOTAL CONSOLIDATED LIABILITIES
Total Consolidated Liabilities
(in billions of Rupiah, unless otherwise stated)
2023 2022 Increase (Decrease)
Product Total Composition Total Composition Nominal Percentage
(IDR) (%) (IDR) (%) (IDR) (%)
Jabodetabek 39.617.023 55,61% 44.640.738 55,75% (5.023.715) -11,25%
Java outside Jabodetabek 14.171.176 19,89% 18.023.304 22,51% (3.852.128) -21,37%
Sumatera 6.251.866 8,78% 6.724.622 8,40% (472.756) -7,03%
Kalimantan 3.033.770 4,26% 3.250.300 4,06% (216.530) -6,66%
Others 8.168.108 11,47% 7.437.444 9,29% 730.664 9,82%
Total before Elimination 71.241.943 100,00% 80.076.408 100,00% (8.834.465) -11,03%
Elimination (1.044.806) (1.297.661) 252.855 -19,49%
Total Consolidated 70.197.137 78.778.747 (8.581.610) -10,89%
Liabilities
146 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 147
FINANCIAL
REVIEW
INFORMATION PRESENTATION STANDARDS AND CONFORMITY
TO FINANCIAL ACCOUNTING STANDARDS
The analysis and discussion of the Company’s financial performance in this Annual Report refers to the Consolidated Financial
Statements of KB Bank for the years ending 31 December 2023 and 2022, which have been audited by the Mirawati Sensi Idris
(Moore Global) Accounting Firm which received the opinion “Presented As Unqualified”.
The presentation and disclosure of the Company’s Financial Reports is prepared in accordance with Financial Accounting
Standards (SAK) in Indonesia, which include Statements of Financial Accounting Standards (PSAK) and Interpretations of Financial
Accounting Standards (ISAK) issued by the Financial Accounting Standards Board-Indonesian Accountants Association (DSAK-
IAI ). Discussion of the Company’s financial performance is presented by taking into account the explanation in the notes to the
Consolidated Financial Statements from the external auditor as an inseparable part of this Annual Report.
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(In billions IDR, unless stated otherwise)
31 31
Growth
Description December December
2023 2022 Rp %
Assets
Cash 289 524 (235) -44,85%
Current Account in Bank Indonesia 3.206 4.140 (935) -22,58%
Current accounts with other banks – net 343 744 (401) -53,95%
Placements with Bank Indonesia and other banks - net 2.134 12.181 (10.047) -82,48%
Securities – net 17.536 12.010 5.526 46,01%
Receivables Securities purchased with an agreement to resell – net 2.572 - 2.572 n.a
Securities Purchased with an Agreement to Resell (Repo) - - - n.a
Derivative receivables 3 9 (6) -67,15%
Credit provided and Sharia financing/receivables - net 45.836 48.957 (3.121) -6,37%
Acceptance receivables 131 17 114 664,31%
Share investments 0 0 - 0,00%
Fixed assets and right-of-use assets - net 3.234 3.396 (163) -4,79%
Deferred tax assets – net 2.671 1.942 728 37,50%
Intangible assets – net 286 202 84 41,38%
Other assets – net 6.068 5.872 196 3,34%
TOTAL ASSETS 84.307 89.995 (5.688) -6,32%
LIABILITIES AND EQUITY LIABILITIES - -
LIABILITIES
Immediate liabilities 431 389 43 11,04%
Customer Savings 44.789 51.962 (7.173) -13,80%
Giro Current Account 3.178 3.578 (400) -11,19%
Tabungan Savings 6.873 6.956 (83) -1,19%
Deposito Deposits 34.738 41.429 (6.690) -16,15%
Savings from other banks 7.887 10.381 (2.495) -24,03%
Securities sold with an agreement to repurchase – net 220 - 220 n.a
PT Bank KB Bukopin Tbk Annual Report 2023 147
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Management Analysis and Discussion of Company Performance
(In billions IDR, unless stated otherwise)
31 31
Growth
Description December December
2023 2022 Rp %
Derivative liabilities 1 12 (11) -93,41%
Acceptance liabilities 133 17 115 664,31%
Borrowings 11.704 11.200 504 4,50%
Securities issued 3.398 3.393 5 0,14%
Tax payables 65 56 8 14,41%
Other liabilities 1.570 1.368 203 14,82%
TOTAL LIABILITES 70.197 78.779 (8.582) -10,89%
EQUITY
Equity attributable to equity owners of the parent entity
Issued and fully deposited capital 19.000 7.000 12.000 171,43%
Additional paid-in capital 8.226 8.286 (61) -0,73%
Capital paid in advanced - 3.000 (3.000) -100,00%
Asset revaluation surplus 1.604 1.606 (2) -0,11%
Unrealized gain (loss) on available-for-sale securities and fair value through 8 3 5 188,11%
other comprehensive income - after deferred tax
Retain earning (14.701) (8.673) (6.028) 69,50%
Total Equity attributable to owners of the parent entity 14.136 11.221 2.915 25,98%
Non-controlling interests (26) (5) (21) 441,55%
TOTAL EQUITY 14.110 11.217 2.894 25,80%
Total of Liabilities and Equities 84.307 89.995 (5.688) -6,32%
Total Assets Total Libialities Total Equity
in billion IDR in billion IDR in billion IDR
89,995
84,307
78,779
14,110
70,197
11,217
2022 2023 2022 2023 2022 2023
In 2023, KB Bank recorded total assets of IDR 84.31 trillion, showing a decrease of 6.32% or IDR 5.69 trillion compared to total
assets in the previous year which reached IDR 89.99 trillion. The depreciation of assets was mainly affected by the decrease
in placements with Bank Indonesia and other banks and credits.
148 Annual Report 2023 PT Bank KB Bukopin Tbk
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FINANCIAL ASSETS
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Cash 289 524 (235) -44,85%
Current account with Bank Indonesia 3.206 4.140 (935) -22,58%
Current Account with other banks – net 343 744 (401) -53,95%
Placements with Bank Indonesia and other 2.134 12.181 (10.047) -82,48%
banks – net
Securities – net 17.536 12.010 5.526 46,01%
Receivables Securities purchased with an 2.572 - 2.572 n.a
agreement to resell – net
Securities Purchased with an Agreement to - - - n.a
Resell (Repo)
Derivative bills 3 9 (6) -67,15%
Loans and Sharia financing/receivables – net 45.836 48.957 (3.121) -6,37%
Acceptance receivables 131 17 114 664,31%
Acceptance receivables 0 0 - 0,00%
Total Financial Assets 72.049 78.583 (6.534) -8,31%
As of 31 December 2023, the Bank’s total financial assets reached IDR 70.05 trillion, a decrease of IDR 6.53 trillion or 8.31%
compared to the previous year which reached IDR 78.58 trillion. This decrease was mainly due to a decrease in Placements
with Bank Indonesia and other banks - net of IDR 10.05 trillion and a decrease in Loans and Sharia financing/receivables - net
of IDR 3.12 billion. In addition, there was an increase in Securities - net of 5.53 trillion and Receivables from securities purchased
under resale agreements - net of 2.57 trillion.
NON-FINANCIAL ASSET
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Fixed assets and right of use – net 3.234 3.396 (163) -4,79%
Deferred tax asset – net 2.671 1.942 728 37,50%
Intangible assets – net 286 202 84 41,38%
Other assets – net 6.068 5.872 196 3,34%
Total Non-Financial Assets 12.258 11.413 845 7,41%
As of 31 December 2023, total non-financial assets owned by the Bank reached IDR 12.26 trillion, an increase of IDR 845 billion
or 7.41% compared to the previous year which amounted to IDR 11.41 trillion. This increase was mainly due to the increase in
deferred tax assets - net by IDR 728 billion, intangible assets - net by IDR 84 billion and other assets - net by IDR 196 billion.
PT Bank KB Bukopin Tbk Annual Report 2023 149
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Management Analysis and Discussion of Company Performance
LIABILITIES
As of 31 December 2023, the Bank’s total liabilities reached IDR 70.20 trillion, indicating a decrease of IDR 8.58 trillion or 10.89%
compared to the previous year of IDR 78.80 trillion. This decrease was mainly due to a decrease in deposits from customers of
IDR 7.17 trillion and a decrease in deposits from other banks of IDR 2.49 trillion.
Financial Liability
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Liabilities immediately payable 431 389 43 11,04%
Deposits from customers 44.789 51.962 (7.173) -13,80%
Current Account 3.178 3.578 (400) -11,19%
Savings 6.873 6.956 (83) -1,19%
Deposits 34.738 41.429 (6.690) -16,15%
Savings from other banks 7.887 10.381 (2.495) -24,03%
Marketable securities sold with agreements 220 - 220 n.a
to repurchase – net
Derivative liabilities 1 12 (11) -93,41%
Acceptance Payables 133 17 115 664,31%
Borrowings 11.704 11.200 504 4,50%
Marketable securities issued 3.398 3.393 5 0,14%
Other liabilities 1.570 1.368 203 14,82%
Total Financial Liabilities 70.133 78.722 (8.590) -10,91%
As of 31 December 2023, KB Bank’s total financial liabilities reached IDR 70.13 trillion, marking a decrease of IDR 8.59 trillion or a
decrease of 10.91% compared to the previous year which reached IDR 78.72 trillion. The decrease was mainly due to a decrease
in deposits from customers of IDR 7.17 trillion and a decrease in deposits from other banks of IDR 2.49 trillion.
Non-financial Liabilities
(in billion IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Tax Payables
Income tax - Article 29 - - - n.a
Other income taxes:
Article 23 and 4 (2) 38.148 37.168 980 2,64%
Article 21 7.670 5.211 2.459 47,19%
Value added tax 6.006 4.456 1.550 34,78%
Others 12.811 9.661 3.150 32,61%
Total 64.635 56.496 8.139 14,41%
As of 31 December 2023, the Bank’s total non-financial liabilities is recorded at IDR 64.64 trillion, an increase of IDR 8.14 trillion or
an increase of 14.41% compared to the previous year which reached IDR 56.50 trillion. The increase was mainly in value added
tax (VAT) of IDR 1.55 billion, article 21 tax of IDR 2.46 trillion and other taxes of IDR 3.15 billion.
150 Annual Report 2023 PT Bank KB Bukopin Tbk
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EQUITY
(in billion IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Equity attributable to the equity holders of the parent entity
Issued and fully-paid capital 19.000 7.000 12.000 171,43%
Additional paid-in capital 8.226 8.286 (61) -0,73%
Paid-in capital advance payment - 3.000 (3.000) -100,00%
Asset revaluation surplus 1.604 1.606 (2) -0,11%
Unrealized gain/(loss) on fair value through 8 3 5 188,11%
other comprehensive income marketable
securities – net of deferred tax
Retained loss (14.701) (8.673) (6.028) 69,50%
Total equity attributable to equity holders of 14.136 11.221 2.915 25,98%
the parent entity
Non-controlling interest (26) (5) (21) 441,55%
Total Equity 14.110 11.217 2.894 25,80%
At the end of 2023, the Bank’s equity reached IDR 14.11 trillion, an increase of IDR 2.89 trillion or 25.80% compared to the previous
year which reached IDR 11.22 trillion. The increase was due to an increase in issued and fully paid capital of IDR 12 trillion, on
the other hand there was an increase in retained loss of IDR 6 trillion and a decrease in Paid-in capital advance payment of IDR
3 trillion in 2023.
CONSOLIDATED STATEMENT OF PROFIT (LOSS)
AND OTHER COMPREHENSIVE INCOME
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Interest and Sharia Income 4.862 4.129 733 17,75%
Interest Expense and Sharia Charges (4.053) (3.079) (974) 31,62%
Interest and Sharia Income – Net 809 1.050 (241) -22,93%
Other Operating Income 457 500 (43) -8,60%
Reversal/(Provision) of Allowance for Impairment (5.538) (3.948) (1.589) 40,25%
Losses on Financial Assets – Net
Provision of Allowance for Impairment Losses on (269) (81) (188) 230,84%
Non-financial Assets – Net
Gain (Loss) from Foreign Exchange Transactions 5 (2) 7 -372,80%
– Net
Recovery of estimated losses on commitments 2 (2) 4 -187,98%
and contingencies – Net
Gain from Changes in Fair Value of Financial 155 (148) 303 -205,32%
Assets
Other Operating Expenses (2.280) (2.424) 144 -5,93%
Loss form Operations (6.659) (5.057) (1.602) 31,69%
Non Operating Income (loss) – Net (128) (89) (39) 44,21%
Income (Loss) Before Income Tax (6.787) (5.146) (1.642) 31,91%
Income Tax Expense- Net 732 113 619 546,64%
PT Bank KB Bukopin Tbk Annual Report 2023 151
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Management Analysis and Discussion of Company Performance
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Income (Loss) for the Year (6.056) (5.033) (1.023) 20,33%
Attributable to Equity Holders of the Parent Entity (6.034) (5.027) (1.007) 20,02%
Attributable to Non-controlling Interest (22) (5) (17) 328,75%
Other Comprehensive Income 10 43 (33) -77,04%
Total Comprehensive Income (Loss) for the Year (6.046) (4.989) (1.056) 21,17%
Attributable to Equity Holders of the Parent Entity (6.024) (48.984) (1.040) 20,87%
Attributable to Non-controlling Interest (21) (5) (16) 331,28%
Profit (Loss) per Share Basic/Diluted (Full (61) (74) 13 -17,57%
Amount)
INTEREST AND SHARIA INCOME
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Interest and Sharia Income 4.862 4.129 733 17,75%
Interest Income 4.375 3.721 653 17,55%
Loans 3.120 2.960 161 5,42%
Marketable Securities 929 551 378 68,56%
Placement with Bank Indonesia and Other Banks 172 142 30 21,32%
Current Accounts with Bank Indonesia 28 22 6 27,73%
Current Accounts with Other Banks 1 0 1 326,64%
Marketable Securities Purchased with 123 46 77 167,78%
Agreements to Resell
Other Receivables 0 0 0 75,19%
Sharia Income 487 407 80 19,57%
Interest and Sharia Expenses (4.053) (3.079) (974) 31,62%
Interest Expense (3.747) (2.828) (918) 32,47%
Current Account (37) (38) 0 -1,22%
Saving Account (193) (240) 47 -19,57%
Time Deposit (1.871) (1.489) (381) 25,60%
Marketable Securities Issued (308) (332) 24 -7,27%
Deposit from Other Banks (442) (255) (187) 73,47%
Borrowings (891) (447) (444) 99,19%
Marketable Securities Sold with Agreements to (5) (27) 22 -83,21%
Repurchase
Sharia Expenses (306) (251) (55) 22,03%
Interest and Sharia Income – Net 809 1.050 (241) -22,93%
In 2023, the Bank’s net interest and sharia income decreased by IDR 241 billion or 22.93% from the previous year IDR 1,050
billion in 2022 to IDR 809 billion in 2023. This decline was triggered by an increase in interest and sharia expenses by 31.62%
or IDR 974 billion which could not be covered by an increase in interest and sharia income of IDR 733 billion or 17.75% growth.
152 Annual Report 2023 PT Bank KB Bukopin Tbk
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OTHER OPERATING INCOME (EXPENSES)
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Other Operating Income 457 500 (43) -8,60%
Other Fees and Commissions 334 323 10 3,21%
Administrative Service Charges 72 82 (10) -11,73%
Service fee 174 164 11 6,43%
Merchant Commissions 6 8 (3) -31,57%
Others 81 69 12 17,49%
Gain on Sale of Marketable Securities – net (9) 13 (22) -168,02%
Gain on Foreign Exchange – Net 29 32 (3) -8,02%
Others 102 131 (29) -21,97%
Other Operating Expenses (7.925) (6.606) (1.319) 19,96%
Income (Expenses) Recovery in Allowance for (5.538) (3.948) (1.589) 40,25%
Impairment Losses on Financial Assets – Net
Provision of Allowance for Impairment Losses on (269) (81) (188) 230,84%
Non-financial Assets – Net
Gain (Loss) from Foreign Exchange Transactions – 5 (2) 7 -372,80%
Net
Recovery of estimated losses on commitments and 2 (2) 4 -187,98%
contingencies – Net
Gain (Loss) from Changes in Fair Value of Financial 155 (148) 303 -205,32%
Assets
General and Administrative Expenses (1.372) (1.571) 199 -12,69%
Salary and Allowance (810) (734) (76) 10,29%
Premium of Government Guarantee Program (99) (119) 20 -16,82%
Total other Operating Income (Expense) - net (7.468) (6.106) (1.362) 22,30%
In 2023, the Bank’s other operating income (expenses) - net experienced a significant increase of IDR 1.36 trillion or an increase
of 22.30% from the previous year of minus IDR 6.11 trillion to minus IDR 7.47 trillion. This increase was largely due to an increase
in allowance for impairment losses on financial assets-net of IDR 1.59 trillion or 40.25%.
INCOME (LOSS) FROM OPERATIONS
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Interest and Sharia Income – Net 809 1.050 (241) -22,93%
Other Operating Income 457 500 (43) -8,60%
Reversal/(Provision) of Allowance for Impairment Losses (5.538) (3.948) (1.589) 40,25%
on Financial Assets – Net
Provision of Allowance for Impairment Losses on Non- (269) (81) (188) 230,84%
financial Assets – Net
Gain (Loss) from Foreign Exchange Transactions – Net 5 (2) 7 -372,80%
Recovery of estimated losses on commitments and 2 (2) 4 -187,98%
contingencies – net
PT Bank KB Bukopin Tbk Annual Report 2023 153
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Management Analysis and Discussion of Company Performance
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Gain (Loss) from Changes in Fair Value of Financial Assets 155 (148) 303 -205,32%
Other Operating Expenses (2.280) (2.424) 144 -5,93%
Income (Loss) from Operations (6.659) (5.057) (1.602) 31,69%
In 2023, the Bank’s operational losses has reached IDR 6.66 trillion, experiencing an increase in losses of IDR 1.60 trillion or an
increase of around 31.69% from the previous year which recorded a loss of IDR 5.06 trillion. The increase in losses was mainly
due to an increase in allowance for impairment losses on financial assets-neto amounting to IDR 1.59 trillion or 40.25% as part
of strategic measures to improve low asset quality.
NON-OPERATIONAL INCOME (EXPENSE) - NET
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Gain from the sale of Foreclosed Assets (6) (25) 19 -77,18%
Gain (Loss) from the Sale of Fixed Assets (6) 2 (7) -444,62%
Others – Net (117) (66) (51) 77,84%
Other Non-operating Income (Expenses) - net (128) (89) (39) 44,21%
The Bank’s non-operating-net income (expenses) in 2023 was recorded at minus IDR 128 billion, experiencing an increase in
expenses of IDR 39 billion or an increase of 44.21% from the previous year of minus IDR 89 billion. This is influenced by the
increase in losses from other items - net.
PROFIT (LOSS) BEFORE INCOME TAX
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Operating Profit (Loss) (6.659) (5.057) (1.602) 31,69%
Non-operating Profit (Loss) (128) (89) (39) 44,21%
Loss before Income Tax (6.787) (5.146) (1.642) 31,91%
In 2023, KB Bank posted a loss before income tax of IDR 6.79 trillion, this loss increased by 31.91% or IDR 1.64 trillion compared
to a loss in 2022 of IDR 5.15 trillion. This is caused by the increase in Provision of allowance for impairment losses on financial
assets-neto.
INCOME TAX BENEFIT (EXPENSES)
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Current - - - -
Deferred 732 113 619 546,64
Income Tax Benefit (Expenses) 732 113 619 546,64
154 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 155
In 2023, the Bank’s income tax benefit (expense) was recorded at IDR 732 billion, a significant increase of IDR 619 billion or
546.64% from the previous year of only IDR 113 billion. This increase was mainly due to an increase in deferred tax expense of
IDR 619 billion.
NET LOSS FOR THE YEAR
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Attributable to the equity holders of the (6.034.077) (5.027.460) (1.006.617) 20,02%
Parent Entity
Attributable to the non-controlling Interest (21.626) (5.044) (16.582) 328,75%
Loss for the Year (6.055.703) (5.032.504) (1.023.199) 20,33%
Loss for the year in 2023 was recorded at minus IDR 6.06 trillion, an increase in loss of IDR 1.02 trillion or 20.33% from the
previous year’s loss of IDR 5.03 trillion. The increase in loss was mainly due to the increase in allowance for impairment losses
on financial assets-neto.
OTHER COMPREHENSIVE LOSS
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Items that would never be reclassified to profit or loss:
Remeasurement of loss on a defined benefit program 8.640 25.736 (17.096) -66,43%
Changes in fixed assets revaluation surplus (1.756) 77.837 (79.593) -102,26%
Income tax related to items that would never reclassified to (1.900) (5.663) 3.763 -66,45%
profit or loss
Items that would be reclassified to profit or loss:
Changes in the fair value of available for sale marketable 6.330 (70.134) -109,03% -109,03%
securities and fair value through other comprehensive
income
Income tax related to items that would never be reclassified (1.392) 15.429 -109,02% -109,02%
to profit or loss
Other comprehensive Income (Loss) - net 9.922 43.205 -77,04% -77,04%
In 2023,KB Bank recorded other comprehensive income of IDR 9.92 billion, this amount decreased from the previous year which
recorded a gain of IDR 43.21 billion. The decrease was mainly due to a decrease in the remeasurement of gains (losses) on
defined benefit plans and a decrease in the change in asset revaluation surplus.
TOTAL COMPREHENSIVE LOSS OF THE YEAR
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Attributable to the Equity holder of the Parent entity (6.024.463) (4.984.356) (1.040.107) 20,87%
Attributable to the non-controlling interest (21.318) (4.943) (16.375) 331,28%
Total Comprehensive Income (Loss) of the Year (6.045.781) (4.989.299) (1.056.482) 21,17%
PT Bank KB Bukopin Tbk Annual Report 2023 155
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Management Analysis and Discussion of Company Performance
In 2023, the Bank recorded a comprehensive loss for the year of IDR 6.05 trillion, an increase of IDR 1.06 trillion or 21.17% from
the previous year which recorded a loss of IDR 4.99 trillion. The main cause of the increase in loss was the increase in loss
attributable to Owners of the parent entity by 20.87%.
BASIC/DILUTED LOSS PER SHARE
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Comprehensive Loss for the Year Attributable to (6.034.077) (5.027.460) (1.006.617) 20,02%
Equity Holders of the Parent Entity
Weighted average number of basic shares 98.277.584.070 67.887.540.178 30.390.043.892 44,77%
Basic/diluted Loss Per Share (full value) (61) (74) 13 -17,57%
In 2023, KB Bank recorded a loss per share/Basic Earnings per Share (EPS) of IDR 61 per share, showing a decrease from the
previous year which recorded a loss of IDR 74 per share. The decrease in loss was due to an increase in loss for the year.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in billions IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Net cash provided by (used in) operating activities (10.165.808) (259.228) (9.906.580) 3.821,57%
Cash Flow from (for) Investing Activities (11.595.208) (6.783.280) (4.811.928) 70,94%
Cash Flow from Funding Activities 9.663.331 9.397.053 266.278 2,83%
Net (Decrease) Increase in Cash and Cash (12.097.685) 2.354.545 (14.452.230) -613,80%
Equivalents
Effect of Changes in Foreign Exchange Rates 492.085 (422.197) 914.282 -216,55%
Cash and Cash Equivalents at Beginning of Year 17.559.551 15.627.203 1.932.348 12,37%
Cash and Cash Equivalents at the End of Year 5.953.951 17.559.551 (11.605.600) -66,09%
At the end of the 2023 fiscal year, the Bank’s total cash and cash equivalents was recorded at IDR 5.95 trillion, a decrease of IDR
11.61 trillion compared to the total cash and cash equivalents at the beginning of the year of IDR 17.56 trillion. This decrease was
mainly due to a decrease in placements with Bank Indonesia and other banks with maturities of 3 months or less from the date of
acquisition amounting to IDR 10.03 trillion.
CASH FLOW FROM OPERATING ACTIVITIES
In 2023, KB Bank recorded net cash flows from operating activities of minus IDR 10.17 trillion, an increase of 3,821.57% compared
to the position in 2022 which amounted to minus IDR 259 billion. This was mainly due to a decrease in cash flows from liabilities of
operating activities, namely time deposits of IDR 6.69 trillion and deposits from other banks of IDR 2.49 trillion.
CASH FLOWS FROM INVESTING ACTIVITIES
In 2023, KB Bank recorded net cash flows from investing activities of minus IDR 11.60 trillion, an increase of 70.94 or IDR 4.81 trillion
compared to the position in 2022 which amounted to minus IDR 6.78 trillion. This increase was mainly due to Payments for securities
purchased with resale agreements of IDR 60.35 trillion and Purchases of securities available for sale/measured at fair value/through
other comprehensive income and held to maturity/measured at amortised cost of IDR 20.80 trillion which were offset by Receipts from
maturing securities of IDR 11.73 trillion and Receipts from securities purchased with resale agreements maturing of IDR 57.78 trillion.
CASH FLOW FROM FINANCING ACTIVITIES
Net cash flow from financing activities in 2023 was IDR 9.66 trillion, an increase of IDR 266.27 billion compared to 2022 which was
recorded at IDR 9.40 trillion. This increase came from capital receipt from Limited Public Offering VII amounting to IDR 8.94 trillion, on
the other hand there was a decrease from loan proceeds received of IDR 7.64 trillion compared to the previous year.
156 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 157
CAPACITY TO PAY DEBT AND LEVEL OF
ACCOUNTS RECEIVABLE
COLLECTABILITY
ABILITY TO PAY DEBT
The Company’s ability to pay debts or fulfil its obligations is measured through several financial ratios including liquidity, solvency,
and profitability. Regarding liquidity, in 2023, the Company’s Loan to Deposit Ratio (LDR) reached 113.18%, up from 98.48%%
in 2022. For solvency, the Bank’s Capital Adequacy Ratio (CAR) reached 27.05%, exceeding the regulatory minimum limit of
12.5%, signalling adequate capital to anticipate credit, market and operational risks. Profitability ratios include ROA -7.71%, ROE
-61.38%, NIM 0.78%, and BOPO 223.24%. ROA, NIM, and BOPO have decreased from the previous year, while ROE has actually
increased when compared to 2022.
Bank profitability in 2023 and 2022 can be seen as follows:
Growth
Description 2023 2022
%
Return On Asset (ROA) -7,71% -6,27% -1,44%
Return on Equity (ROE) -61,38% -82,58% 21,20%
Net Interest Margin (NIM) 0,78% 1,17% -0,39%
Operating expenses to operating income ratio (BOPO) 223,28% 226,22% -2,94%
GUARANTEE OF DEPOSITS FROM CUSTOMERS
Since 1998, the Government has guaranteed various commercial bank obligations, including current accounts, savings, time
deposits, and others, through Government Regulation no. 66 of 2008. Previously, the maximum deposit value limit guaranteed
by Law no. 24 of 2004 is IDR 100 million, which was later increased to IDR 2 billion based on this regulation.
On January 13, 2009, Law no. 7 of 2009 established the Deposit Insurance Corporation as a Government Company, replacing
the role of the previous law. This is the legal basis for establishing protection for bank customer deposits.
ABILITY TO PAY DEBT FROM SECURITIES ISSUED
A company’s ability to pay its debts can be seen from the rating of the debt securities or bonds it issues. These bonds are
assessed by rating agencies such as Pefindo to determine their feasibility level. The quality of a bond really depends on the
company’s ability to repay its debt when it matures, as well as paying interest or coupons as promised during the validity period
of the bond. Bonds issued are usually listed on the Indonesian Stock Exchange.
Ability to Pay Debt From Securities Issued
Rating
Description
2023 2022 2021
Bonds
Subordinated Shelf-Registration Bonds II Bank Bukopin Phase I Year - - idA- (Pefindo)
2015
Subordinated Shelf-Registration Bonds II Bank Bukopin Phase II idAA (Pefindo) idA-(Pefindo) idA- (Pefindo)
Year 2017
Subordinated Bonds I Bank KB Bukopin Tranche I Year 2021 idnAAA (Fitch Ratings) idnAAA (Fithc) -
Shelf-registered Subordinated bonds III Bank KB Bukopin Tranche I idnAA (Fitch Ratings) idAA (Pefindo) -
Year 2021 Serie A
Shelf-registered Subordinated bonds III Bank KB BukopinTranche I idnAA (Fitch Ratings) idAA (Pefindo) -
Year 2021 Serie B
PT Bank KB Bukopin Tbk Annual Report 2023 157
Page 158
Management Analysis and Discussion of Company Performance
Rating Definition
Rating Agency Rate Rating Definition
idA+ Obligor with idA rating has a stronger capacity to meet its long-term
financial commitments compared to other Indonesian obligors.
However, obligor is somewhat more susceptible to the adverse effects of
changing economic conditions and situations than higher rated obligors.
The Plus (+) sign indicates that the rating is relatively strong within the
respective rating category.
idA Indicates that the obligor’s ability to meet its long-term financial
commitments on these debt securities, compared to other obligors
in Indonesia, is strong. However, the capacity of the obligor may be
affected by adverse changes in economic conditions and conditions,
PEFINDO compared to debt securities with higher ratings.
idAA Obligors rated idAA differ from the highest rated obligors only by a
small degree, and have a very strong capacity to meet their long-term
obligations. Financial commitment period relative to other Indonesian
obligors.
idBBB An obligor rated idBBB has adequate capacity to meet its long-term
financial commitments compared to other Indonesian bonds.
However, adverse economic conditions or changing circumstances
are more likely to weaken the obligor’s capacity to meet its financial
commitments.
AAA Long-term National Rating ‘AAA’ is the highest rating given by Fitch on
Fitch Rating the National rating scale. This rating is given to issuers with the lowest
default expectations compared to other similar issuers.
RECEIVABLES COLLECTABILITY
The quality of the consolidated loans granted by type, currency and collectability is described in the following table:
2023 Collectability Based on Currency, Type, and Collectability
(in million IDR, unless stated otherwise)
31 December 2023 (Consolidated)
Special Non-
Description Current Substandard Doubtfull Total
Mention performing
IDR:
Working Capital 12.700.942 2.778.896 86.298 27.551 1.385.015 16.978.702
Investment 12.421.537 955.853 45.904 15.666 1.036.580 14.475.540
Consumption 10.407.855 444.975 76.048 117.965 1.699.974 12.746.817
Government Program 98.757 1.035 - 1.306 4.044 105.142
Syndication 3.544 122 - 221 39 3.926
Board of Directors 76.516 - - - 2.152 78.668
and Employees
Other Banks - - - - - -
Sub Total Rupiah 35.709.151 4.180.881 208.250 162.709 4.127.804 44.388.795
Allowances for (591.000) (752.511) (44.807) (56.860) (2.069.484) (3.514.662)
impairment losses
Net 35.118.151 3.428.370 163.443 105.849 2.058.320 40.874.133
Foreign Currency
Working Capital 3.355.300 - - - 13.821 3.369.121
Investment 1.658.515 - - - - 1.658.515
Consumption 2.185 - - - - 2.185
Syndication - - - - - -
Subtotal of Foreign 5.016.000 - - - 13.821 5.029.821
Currency
158 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 159
2023 Collectability Based on Currency, Type, and Collectability
(in million IDR, unless stated otherwise)
31 December 2023 (Consolidated)
Special Non-
Description Current Substandard Doubtfull Total
Mention performing
Allowances for (64.311) - - - (3.861) (68.172)
impairment losses
Net 4.951.689 - - - 9.960 4.961.649
Total 40.069.840 3.428.370 163.443 105.849 2.068.280 45.835.782
Composition 87,42% 7,48% 0,36% 0,23% 4,51% 100,00%
2022 Collectability Based on Currency, Type, and Collectability
(in million IDR, unless stated otherwise)
31 December 2023 (Consolidated)
Special Non-
Description Current Substandard Doubtfull Total
Mention performing
IDR:
Working Capital 17.577.102 537.385 221.593 116.896 398.519 18.851.495
Investment 12.967.929 282.237 132.377 137.770 266.396 13.786.709
Consumption 11.421.325 475.524 61.644 117.794 1.901.237 13.977.524
Government Program 60.032 1.085 272 41 11.193 72.623
Syndication 539.090 - - - - 539.090
Board of Directors 76.210 - - - - 76.210
and Employees
Other Banks - - - - - -
Sub Total Rupiah 42.641.688 1.296.230 415.887 372.500 2.577.344 47.303.651
Allowances for impairment (520.251) (93.532) (60.615) (113.253) (787.417) (1.575.069)
losses
Net 42.121.437 1.202.698 355.272 259.247 1.789.929 45.728.584
Foreign Currency
Working Capital 1.573.816 - - - 33.384 1.607.200
Investment 476.531 - - - - 476.531
Consumption 2.306 - - - - 2.306
Syndication 1.193.746 - - - - 1.193.746
Subtotal of Foreign Currency 3.246.399 - - - 33.384 3.279.783
Allowances for impairment (42.284) - - - (9.325) (51.609)
losses
Net 3.204.115 - - - 24.059 3.228.174
Total 45.325.552 1.202.698 355.272 259.247 1.813.988 48.956.758
Composition 92,58% 2,46% 0,73% 0,53% 3,71% 100,00%
PT Bank KB Bukopin Tbk Annual Report 2023 159
Page 160
Management Analysis and Discussion of Company Performance
FINANCIAL
RATIOS
The following are the financial ratios and other important ratios of the Company for the financial years 2022 to 2023.
Financial Ratios and Other Significant Ratios
(In Percentage, Unless Stated Otherwise)
31 Desember 31 Desember
Uraian
2023 2022
CAPITAL
CAR by calculating credit risk 28,50% 20,13%
CAR by take into account credit risk and market risk 28,37% 20,01%
CAR by take into account credit risk and operational risk 27,17% 19,19%
CAR by Calculating Credit Risk, Market Risk, and Operational Risk 27,05% 19,08%
Net Fixed Assets to Core Capital 38,51% 55,45%
EARNING ASSET
Non-performing Earning Assets and Non-performing Non-earning Assets to Total Earning Assets 6,27% 6,92%
and Non-Earning Assets
Non-performing Earning Assets to Total Earning Assets 6,37% 4,09%
Allowance for Impairment Losses (CKPN) of Financial Assets to Earning Assets 4,80% 1,93%
NPL Gross 9,70% 6,56%
NPL Nett 4,95% 4,84%
PROFITABILITY
ROA -7,71% -6,27%
ROE -61,38% -82,58%
NIM 0,78% 1,17%
BOPO 223,28% 226,22%
Profit (Loss) to interest income Ratio -124,56% -121,89%
Profit (Loss) to Total Assets Ratio -7,18% -5,59%
Profit (Loss) to Total Equity Ratio -42,92% -44,87%
Liabilities to Total Assets Ratio 83,26% 87,54%
Liabilities to Total Equity Ratio 497,49% 702,34%
LIQUIDITY
LDR 113,18% 98,48%
COMPLIANCE
Percentage of LLL Violation
Related Parties - -
Non-related Parties - -
Percentage of LLL Excess
Related Parties- - -
Non-related Parties* - -
Minimum Reserve Requirement (MRR):
Main MRR in Rupiah
Daily MRR 6,45% 8,53%
160 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 161
Financial Ratios and Other Significant Ratios
(In Percentage, Unless Stated Otherwise)
31 Desember 31 Desember
Uraian
2023 2022
Average MRR 8,52% 8,53%
Macroprudential Liquidity Buffer d/h Secondary MRR 35,08% 13,87%
Minimum Statutory Reserve Requirement (GWM) for Foreign Currencies 4,02% 4,02%
Net Open Position 1,68% 1,59%
*) On December 31, 2020 there was an Legal Lending Limit (LLL) overlimit related to credit guarantees in the context of implementing Credit Risk Management techniques. This LLL overlimit is
the impact of the decline in Core Capital experienced by the Bank. This LLL overlimit has been resolved in accordance with Bank Letter No.04380/DIR/III/2021 dated March 8 2022
*) As of December 31, 2019, there was Legal Lending Limit (LLL) overlimit due to changes in regulations, where the previous regulations based on PBI No.7/3/PBI/2005 and No.8/13/PBI/2008
have been updated with POJK NO. 32/POJK.03/2018 concerning LLL for Commercial Banks. The LLL exceedance that occurred was related to the maximum credit guarantee limit within the
framework of Credit Risk Management Techniques (MRK). As of March 2020, this LLL overlimit has been resolved.
PT Bank KB Bukopin Tbk Annual Report 2023 161
Page 162
Management Analysis and Discussion of Company Performance
CAPITAL STRUCTURE AND MANAGEMENT
POLICY ON CAPITAL STRUCTURE
Management Policy on Capital Structure
The main objective of the Company’s capital management is to ensure the maintenance of healthy capital ratios to support the business
and maximize rewards for shareholders. In addition, the Company is required by the Limited Liability Company Law effective August
16, 2007 to contribute up to 20% of its issued and fully paid share capital into a non-distributable reserve fund. These external capital
requirements will be considered by the Company at the next General Meeting of Shareholders (GMS).
The Company manages its capital structure and makes adjustments, based on changing economic conditions. To maintain and adjust
the capital structure, the Company can adjust dividend payments to shareholders, capital rewards to shareholders or issue new shares.
There are no changes to objectives, policies or processes in the period ending 31 December 2023. The Company’s policy is to maintain
a healthy capital structure to secure access to funding at a reasonable cost.
Company Capital Structure
The capital structure composition implemented by the Company aims to maximize value through an optimal capital structure
composition. The composition of the capital structure in 2023 and the comparison in 2022 are as follows:
Summary of Quantitative Data on Company Capital Management
2023-2022
December 31 December 31
Capital Component 2023 2022
INDIVIDUAL CONSOLIDATION INDIVIDUAL CONSOLIDATION
A. EQUITY TIER (Tier 1) 7.847.606 9.813.056 5.726.315 6.750.289
1. Common Equity Tier (CET 1) 7.847.606 9.813.056 5.726.315 6.750.289
1.1 Paid-Up Capital (net of Treasury Stock) 19.000.000 19.000.000 7.000.000 7.000.000
1.2 Disclosed Reserved (5.726.387) (6.230.802) 2.087.734 1.894.449
1.2.1 Additional Factors 9.792.829 10.001.143 12.848.917 12.895.444
1.2.1.1 Other comprehensive income 1.567.062 1.775.376 1.562.489 1.609.016
1.2.1.1.1 Difference in Translation of Financial
Statements
1.2.1.1.2 Potential profit from an increase in fair 9.696 171.483 3.367 3.367
value of financial assets in ready for sale
category
1.2.1.1.3 Fixed assets revaluation surplus balance 1.557.366 1.603.893 1.559.122 1.605.649
1.2.1.2 Other Disclosed Reserves 8.225.767 8.225.767 11.286.428 11.286.428
1.2.1.2.1 Agio 8.225.767 8.225.767 8.286.428 8.286.428
1.2.1.2.2 General Reserves
. 1.2.1.2.3 Past years profit
1.2.1.2.4 Profit for the year
1.2.1.2.5 Paid-up capital funds - - 3.000.000 3.000.000
1.2.1.2.6 Others
1.2.2 Deduction Factors (15.519.216) (16.231.945) (10.761.183) (11.000.995)
162 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 163
Summary of Quantitative Data on Company Capital Management
2023-2022
December 31 December 31
Capital Component 2023 2022
INDIVIDUAL CONSOLIDATION INDIVIDUAL CONSOLIDATION
1.2.2.1 Other comprehensive income
1.2.2.1.1 Selisih kurang penjabaran laporan
keuangan
Deficit in Translation to Financial
statements
1.2.2.1.2 Potential Loss from an impairment of fair
value of financial assets in available for
sale category
1.2.2.2 Other disclosed reserves (15.519.216) (16.231.945) (10.761.183) (11.000.995)
1.2.2.2.1 Disagio - -
1.2.2.2.2 Past years losses (8.662.180) (8.830.450) (3.692.200) (3.802.989)
1.2.2.2.3 Losses for the year (5.510.779) (6.034.384) (4.969.980) (5.027.461)
1.2.2.2.4 Deficit between Provisions of Asset (367.039) (254.447) (1.447.325) (1.459.545)
Allowance (PPA) and Allowance for
Impairment Losses (CKPN) of earning
assets
1.2.2.2.5 Deficit in the amount of adjustments to
the fair value of financial instruments in
the Trading Book
1.2.2.2.6 PPA of non-productive assets that must (979.218) (1.112.664) (651.678) (711.000)
be established
1.2.2.2.7 Lainnya Others
1.3 Non-Controlling Interests that can be taken into account
1.4 Common Equity Tier 1 Deduction Factors (5.426.007) (2.956.142) (3.361.419) (2.144.160)
1.4.1 Deferred tax calculation (2.558.815) (2.670.542) (1.858.834) (1.942.151)
1.4.2 Goodwill - (189.482) (189.482)
1.4.3 All other intangible assets (95.241) (96.103) (11.199) (12.512)
1.4.4 Participation that is calculated as a deduction factor (2.206.951) (15) (926.386) (15)
1.4.5 Lack of capital in insurance subsidiary
1.4.6 Securitization exposures
1.4.7 Other deduction factors of common equity tier 1 (565.000) - (565.000)
1.4.7.1 Placement of funds in AT I instrument and/or Tier 2 (565.000) - (565.000)
at other banks
1.4.7.2 Cross ownership in other entities that is obtained
based on transfer by law, grant, or probate grant
1.4.7.3 Exposures that give rise to Credit Risk due to failure
in settlement (settlement risk) - Non Delivery Versus
Payment
1.4.7.4 Exposures in Subsidiary Companies that carry out
business activities based on sharia principles (if any)
2. Additional Tier 1 (AT 1)
2.1 Instruments that fulfil AT 1 requirements
2.2 Agio/Disagio
2.3 Deduction Factors: Investment in AT1 and Tier 2 instruments at other
banks
PT Bank KB Bukopin Tbk Annual Report 2023 163
Page 164
Management Analysis and Discussion of Company Performance
Summary of Quantitative Data on Company Capital Management
2023-2022
December 31 December 31
Capital Component 2023 2022
INDIVIDUAL CONSOLIDATION INDIVIDUAL CONSOLIDATION
2.3.1 Placement of funds in AT I instrument and/or Tier 2 at other
banks
2.3.2 Cross ownership in other entities that is obtained based on
transfer by law, grant, or probate grant
B. SUPPLEMENTARY CAPITAL (Tier 2) 4.317.559 4.392.073 4.778.737 4.788.685
1. Capital instruments in the form of shares or other forms that fulfill the 3.798.018 3.848.018 4.234.609 4.234.609
Requirements of Tier 2
2. Agio/disagio
3. General reserves of PPA for earning assets that must be established (maximum 519.541 544.055 544.128 554.076
1.25% of Credit Risk RWA)
4. Deduction Factors of Tier 2 Capital 1)
4.1 Sinking Fund
4.2 Investment in AT1 and Tier 2 instruments at other banks 2)
4.3 Cross ownership in other entities that is obtained based on transfer by
law, grant, or probate grant
TOTAL CAPITAL 12.165.165 14.205.129 10.505.052 11.538.974
RISK WEIGHTED ASSETS
CREDIT RISK RWA 3) 42.683.771 48.289.880 52.182.469 55.820.223
MARKET RISK RWA 197.195 197.195 317.510 317.510
OPERATIONAL RISK RWA 2.098.314 2.344.395 2.547.386 3.068.047
TOTAL RWA 44.979.280 50.831.470 55.047.365 59.205.780
CAR RATIO ACCORDING TO RISK PROFILE 10,00% 10,00% 10,00% 0,00%
CAR RATIO
CET 1 Ratio (%) 17,45% 19,31% 10,40% 11,40%
Tier 1 Ratio (%) 17,45% 19,31% 10,40% 11,40%
Tier 2 Ratio (%) 9,60% 8,64% 8,68% 8,09%
RWA Ratio (%) 27,05% 27,95% 19,08% 19,49%
CET 1 FOR BUFFER (%) 11,45% 13,31% -0,09% -0,14%
PERCENTAGE OF BUFFER THAT MUST BE FULFILLED BY THE BANK (%) 2,500% 2,500% 2,500% 2,500%
Capital Conservation Buffer (%) 2,500% 2,500% 2,500% 2,500%
Countercyclical Buffer (%) 0,000% 0,000% 0,000% 0,000%
Capital Surcharge for systemic banks (%) 0,000% 0,000% 0,000% 0,000%
As an effort to maintain the Bank’s business continuity, KB Bank has an obligation to manage capital. This is not necessarily due
to the nature of the Company’s business which is obliged to provide returns for shareholders as well as added value and benefits
for other stakeholders. The Company’s capital structure is a balance between the use of its own capital, namely the Company’s
equity, and the use of external capital, namely the Company’s liabilities. External capital can take the form of bank loans/debts,
business debts or other types of loans. Meanwhile, equity is obtained from capital placement, annual comprehensive income.
In managing the capital structure, the Bank implements the following policies:
1. Utilize capital efficiently for business growth, especially new financing and future investment (New Generation Banking
System, Outlet Development, etc.)
2. Provision for credit losses for efforts to resolve problem loans will come from revenue generation from Turn-around efforts
(own profits)
3. Management of ATMR and capital charges (management of capital reduction factors through collateral cracking) as well as
settlement of problem loans and AYDA
164 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 165
IKATAN YANG MATERIAL TERKAIT
INVESTASI BARANG MODAL
Based on Financial Services Authority Regulation (POJK) no. 17/POJK.04/2020 concerning Material Transactions and Changes
in Business Activities, Article 3 paragraph (1) states that a transaction is categorized as a material transaction if the transaction
value is equal to 20% or more of the Public Company’s equity.
Throughout 2023, the Bank has no material commitments for investment in capital goods. Thus, information related to this
matter cannot be conveyed.
PT Bank KB Bukopin Tbk Annual Report 2023 165
Page 166
Management Analysis and Discussion of Company Performance
REALIZATION OF CAPITAL
GOODS INVESTMENT
In2023,KB Bank continues its investment strategy in capital goods to improve performance and provide added value in the
future.The following is the realization of the Bank’s capital goods investment for 2022 and 2023:
31December 31December Growth
Description
2023 2022 Rp %
Land 8.175 12.826 (4.651) -36,26%
Building 5.561 10.868 (5.307) -48,83%
Furniture and Office supplies 14.084 22.677 (8.593) -37,89%
Motor Vehicles 26.749 1.394 25.355 1818,32%
Building facilities 351 4.970 (4.619) -92,94%
Asset sunder constructions 5.846 4.485 1.361 30,35%
Total Capital Expenditure 60.766 57.220 3.546 6,20%
Payment Cash Flow for Capital Expenditure 60.766 57.220 3.546 6,20%
As of December 31 2023, the Company’s capital goods investment realization is recorded to have increased from the previous
IDR 57.22 billion in 2022 to IDR 60.77 billion in 2023.
166 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 167
MATERIAL INFORMATION AND FACTS
THAT OCCUR AFTER THE DATE OF THE
ACCOUNTANT'S REPORT
The following presents information and material facts that occurred between the end of the reporting period, December 31,
2023, until the accountant’s report date, May 20, 2024.
1. Asset Bulk Sales
Asset Bulk Sales is a scheme for a series of transactions consisting of:
a. Credit Sales
The bank sold credit to TLDC PTE LTD with a total debit balance of IDR 2,868,932 which was purchased for IDR 1,621,790
on March 28, 2024.
b. Acquisition of Private Bonds
The bank has purchased private bonds from TLDC PTE LTD with a nominal amount of USD 106 million on March 28 2024
with a term of 5 years and floating interest based on US Treasury Bills 5y + 0.8% variable margin (1st year & 2nd year)
/0.9% (3rd year)/1% (4th year & 5th year).
2. Loans Received
Based on the Loan Agreement document on April 1 2024, the loan facility was received by PT Bank KB Bukopin Tbk from
The Korea Development
PT Bank KB Bukopin Tbk Annual Report 2023 167
Page 168
Management Analysis and Discussion of Company Performance
BUSINESS
PROSPECT
The Bank Indonesia Board of Governors (RDG) meeting on January 16-17 2024 decided to maintain the BI-Rate at 6.00%, the Deposit
Facility interest rate at 5.25%, and the Lending Facility interest rate at 6.75%. The decision to maintain the BI-Rate at 6.00% remains
consistent with the focus of pro-stability monetary policy, namely to strengthen the stabilization of the Rupiah exchange rate as well
as pre-emptive and forward looking steps to ensure inflation remains under control within the target of 2.5 ± 1% in 2024. Meanwhile,
macroprudential policies and the payment system remain pro-growth to support sustainable economic growth. Loose macroprudential
policies continue to be pursued to encourage banking credit/financing to businesses and households. The acceleration of digitalization
of payment systems, including the digitalization of financial transactions by the Central and Regional Governments, is also continuously
being encouraged to increase transaction volume and expand digital economic-financial inclusion.
Referring to data from the Banking Survey conducted by Bank Indonesia, it indicates that new credit distribution in the fourth quarter of
2023 increased compared to the previous period. This is indicated by the Weighted Net Balance (WBT) value of new credit distribution
for the fourth quarter of 2023 of 96.1%, higher than 95.4% in the previous quarter. Based on type of use, increased growth in new
credit distribution occurred in almost all types of credit, except consumption credit. Indicated increases occurred in working capital
credit (WNB 93.5%) and investment credit (WNB 85.0%).
Meanwhile, consumption credit (WNB 79.3%) indicated positive growth driven by Motor Vehicle Credit (KKB) and Unsecured Credit
(KTA) which indicated an increase compared to the previous quarter. On the other hand, multipurpose credit, credit cards, and Home
Ownership Credit (KPR)/Apartment Ownership Credit (KPA) indicate limited growth.
By sector, the highest growth in new credit distribution occurred mainly in the Accommodation and Food and Drink Provision sector
(WNB 85.9%), followed by the Real Estate, Rental Business and Corporate Services sectors (WNB 84.8%), and the Transportation,
Warehousing sector , and Communication (WNB 66.8%).
On a quarterly basis (qtq), new credit distribution in the first quarter of 2024 is predicted to grow positively, although not as high as
the previous quarter. This is indicated by the WNB forecast for new credit distribution for the first quarter of 2024 which is 44.6%,
positive growth although lower than the WBT 96.1% in the previous quarter. This forecast is in line with the historical pattern of new
credit growth realization. Respondents’ main priority in disbursing new credit in the first quarter of 2024 is working capital credit,
followed by investment credit and consumption credit.
In terms of consumption credit, KPR/KPA distribution is still the main priority, followed by multipurpose credit and KKB. Based on
sector, new credit distribution in the first quarter of 2024 is prioritized in the Manufacturing Industry sector, the Wholesale and Retail
Trade sector, and the Financial Intermediary sector. Respondents predict that outstanding credit until the end of 2024 will experience
growth of 10.8% (yoy), higher than the actual credit growth in 2023 of 10.4% (yoy) although not as high as the realized growth in
2022 of 11.4% (yoy ).
Credit Growth Forecast
10,4
-2,4
10,8
11,4
12,1
5,2
6,1
2018 2019 2020 2021 2022 2023 Survei
Triwulan IV -
2023
Prakiraan 2024
Source: Bank Indonesia
168 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 169
On the other hand, credit distribution policy in the first quarter of 2024 is predicted to be slightly stricter than the previous quarter.
This is indicated by the Lending Standard Index (ILS) for the first quarter of 2024, which has a positive value of 0.3%. Stricter
credit distribution standards compared to the previous quarter are predicted to occur in almost all types of credit, except KPR/
KPA. The majority of aspects of credit distribution policy are predicted to tighten compared to the previous quarter, especially
credit and collateral agreements. Meanwhile, the credit ceiling policy is predicted to be looser. The policy on credit interest rates
and credit approval fees is predicted to remain loose.
Meanwhile, the collection of Third Party Funds (DPK) in the first quarter of 2024 is predicted to slow down compared to the
previous quarter. This slowdown in growth is indicated by WNB growth in TPF of 16.1%, lower than 93.7% in the previous quarter,
according to historical patterns. The slowdown in TPF growth is predicted to occur in all types of instrument categories, namely
current accounts, savings and deposits with WNB of 16.4% each; 58.4%; and 6.3%. DPK growth until the end of 2024 is predicted
to be high. This is reflected in the WBT forecast for TPF collection in 2024 which was recorded as positive at 99.8%, higher
than the WBT 93.7% in the previous year.
Third-Party Fund (DPK) Growth Forecast
93,7 99,8
90,3 91,7
88,0 82,1
73,3 78,5
20,0 Realisai Pertumbuhan DPK - LBU
12.2
9,4
9,4
6,5
6,5
11,1
3,8
SBT Perkiraan Pertumbuhan DPK -
Survei Perbankan
15,0
10,0
5,0
0,0
2017 2018 2019 2020 2021 2022 2023
Source : Bank Indonesia
Based on the macro industry description above, as well as considering the global and internal economic climate of the Bank, the Bank
is always active in mitigating in order to respond to future challenges. To achieve financial targets in 2024, the Bank is committed to
continuing to make changes, one of which is by focusing on loan portfolio improvement and deposit portfolio advancement as the
Bank’s efforts to improve performance in all lines, so that it is hoped that it will be able to improve PPOP which is projected to turn
around in 2024. 2024 and can record a profit in 2025. The loan portfolio improvement and deposit portfolio advancement efforts will
be carried out through:
1. The bank will take steps to resolve bad loans by reducing the LAR and strengthening the DPD management function by targeting
a reduction in the LAR in 2024 below 25%. The Bank will maximize the recovery value from bad loans and minimize credit costs
through optimizing collections and DPD management as well as through bulk sales in 2024. To reduce gross NPL in 2024 below
10%, the Bank will manage restructuring debtors and debtors whose collateral auction process needs to be accelerated by still
consider a good return ratio. Apart from that, the Bank will maintain CAR at 18%-19%.
2. In terms of business growth, the Bank targets new credit growth in 2024 to reach IDR 8.5 trillion. The wholesale segment is still
the size driver with a new credit allocation composition of 44%, followed by the retail segment at 33% and the MSME segment at
23%. The Bank will deepen its wholesale and anchor-linked SME & Retail business and will explore new business segments. The
Bank will encourage new credit growth through new products that have been adapted to customer needs, stimulus programs
for sales, development of information technology to support business processes, building a digital ecosystem to attract more
customers and competitive asset liability management. In the aspect of third party funds, in 2024 third party funds will grow with
the LDR target maintained at 100% so as to minimize excess funds. The growth of third party funds will be focused on increasing
CASA growth with a target ratio above 25% by building a strong customer base, so as to reduce the cost of funds.
3. The Bank continues the cost reduction initiatives through efficiency in overhead costs. The increase in overhead costs is in line
with growth and cost savings strategies.
Financial ratios, especially in terms of credit quality, show improvement in line with the Bank’s plan to settle bad loans through bulk
sales, improve the structure of third party funds through increasing CASA to strengthen liquidity, and cost reduction efforts through
efficiency in overhead costs. In addition, it is hoped that improvements in credit quality will increase which will be balanced with
healthy credit growth so that it can significantly improve the level of profitability as reflected by the NIM ratio so that the Bank can
grow sustainably in the future.
PT Bank KB Bukopin Tbk Annual Report 2023 169
Page 170
Management Analysis and Discussion of Company Performance
TARGET ACHIEVEMENTS WITH
REALIZATION AND PROJECTIONS FOR
THE NEXT YEAR
At the beginning of 2022, the Bank has prepared and set a number of targets to be achieved which have been outlined in the
2022 Bank Business Plan (RBB) while still paying attention to the conditions that occur, both in the economic sector and the
banking industry in Indonesia. The Company’s achievement of the 2022 targets that have been set and projections for 2023
are outlined as follows:
Achievement of Realization of the 2023 Target
(in IDR million, unless in percentage)
2023 Bank’s Business
Description 2023 Realization Achievements
Plan (RBB)
FINANCIAL POSITION
Total Assets 78.842.594 94.497.168 83,43%
Loans 44.183.228 47.924.035 92,19%
Loans 39.036.634 47.924.035 81,46%
Total Equity 14.762.721 16.371.058 90,18%
LOSS/PROFIT
Interest income – net 609.196 994.961 61,23%
Operating income other than Interest 590.352 473.181 124,76%
Operating Expenses other than Interest (2.040.106) (2.265.696) 111,06%
(Expense) CKPN Recovery (5.247.514) (3.804.569) 72,50%
Non-Operating Income (Expense) – Net (125.498) (363.069) 289,30%
Net Loss (5.510.781) (3.872.850) 70,28%
2024 Projection on 2023 Realization
(in IDR million, unless in percentage)
Realisasi RBB
Uraian
2023 2024
FINANCIAL POSITION
Total Assets 78.842.594 81.154.890
Loans 44.183.228 43.227.625
Total Savings 39.036.634 43.512.323
Total Savings 14.762.721 11.479.386
PROFIT/LOSS
Interest income – net 609.196 1.208.478
Operating income other than Interest 590.352 644.235
Operating Expenses other than Interest (2.040.106) (2.130.023)
(Expense) CKPN Recovery (5.247.514) (4.079.682)
Non-Operating Income (Expense) – Net (125.498) (747.171)
Net Profit (5.510.781) (3.981.247)
BASIC FINANCIAL RATIO
NIM 0,78% 1,55%
CAR 27,05% 18,30%
NPL-Net 4,95% 4,78%
170 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 171
MARKETING
ASPECT
The marketing aspect is a key factor for a company in running its business. The aim of the marketing aspect is to map market
share to support the company’s business development, as well as analyze market needs so that appropriate marketing strategies
can be determined according to market demand. The following is the marketing strategy carried out by the Company throughout
2023, explained as follows.
MANAGEMENT STRATEGY
Based on current conditions both internally and externally, and in order to achieve the targets that have been set, the Bank
identified 3 stages that are key to the success of the transformation process, focusing on key areas, preparing a turn around
strategy and increasing the Bank’s business capabilities in the future. To support the targeted growth, there are 4 (four) pillars
that need to be achieved, namely:
1. Boost Sales Performance
The aspiration to restore the glory of KB Bank can only be done through fast and quality business growth (improving the
performance). Synergy between each segment is needed to create a healthy business ecosystem for the Bank where the
wholesale segment as an anchor will provide opportunities for MSME and Retail businesses to enter to meet all customers’
financial service needs. Different and competitive products are needed so that product development is required to be able
to quickly respond to customer needs. Banks need to increase their competence in terms of distributing corporate financing,
especially in Investment Banking (IB) services. A fast process supported by digital development is expected
2. Innovation
Innovation that is in line with business strategy is encouraged not only to provide added value for customers but also as
an effort for Bank efficiency by cutting unnecessary business process chains. Digital innovation is encouraged as an effort
to save banks in the future by simplifying processes and reducing manual processes in line with the outlet & manpower
optimization strategy.
3. Penguatan Kualitas Asset
Preventing a decline in credit quality through DPD management, implementing ABS and SUKUK as well as continuously
optimizing LAR collection and AYDA sales activities is a form of the Bank’s commitment to focus on improving asset quality. A
clear division of tasks and responsibilities is needed so that the sales function can focus more on expanding the business or
good the Bank and the settlement function through special asset management can more optimally carry out collections and
avoid settlement options that can cause burdens for the Bank. Normalization of credit restructuring to increase profitability
and optimization of collections to increase Bank profitability.
4. Advance IT and Digital
Strengthening digital position in the market through revamping and revamping Wokee. Focusing on developing existing digital
channels and customizing applications for customer operational needs, including supply chain financing, cash management
and other fund products.
PT Bank KB Bukopin Tbk Annual Report 2023 171
Page 172
Management Analysis and Discussion of Company Performance
Strategy Direction Achieving Shared Progress Through Fundamental Change
2023
Agenda Core Strategy
B I S A
Boost Sales Innovation for Strengthening Advanced IT
Performance Turnaround The Quality of & Digital
Assets
1. Focus on corporate business 1. Creating a Performance-oriented 1. Strengthen bad loan recovery 1. Encourage acceleration of IT
(SOE & Indo-Korea) and increase Culture strategy and periodic monitoring. infrastructure (NGBS)
club deal syndication business. 2. Building management system 2. Create discipline by 2. Create independent and
2. Expansion of best customer base efficiency through channel strengthening the Compliance differentiated digital channels
in MSME & Retail optimization and Audit function 3. Digital Existence and Business
3. Strengthen sales 3. Renewal of Manpower innovation 3. Thorough prevention of bad loan Platform
competitiveness by improving as well as Organizational transfer through preemptive
products Structure delinquency management
4. Optimizing Cost Efficiency improving products
improving products
MARKET SHARE
KB Bank continues to strive to increase its competitiveness towards peer groups in facing competition in all aspects, especially
in terms of competency. Changes in the dynamics of bank business in the banking industry affect KB Bank’s peer group, so the
Bank re-evaluates the peer group based on banking rankings in aspects; financial performance (core capital, assets, deposits,
KYD), distribution of the number of branch offices in each province, similarity of bank business criteria, and based on the
proximity of the market penetration matrix. Business competition can be seen, among other things, based on the number of
assets owned, the amount of third party funds (DPK) that have been collected, the amount of credit granted (KYD), the bank’s
net income and the bank’s NPL ratio.
KB Bank Market Share in the Indonesian Banking Industry
(in trillion Rupiah, unless otherwise stated)
Uraian 2023 2022 2021
Total Asset Banking Industry 11.766 10.874 10.112
KB Bank 84 85 89
Market Share 0,72% 0.78% 0,88%
Total Third Party Fund (DPK) Banking Industry 8.458 7.974 7.479
KB Bank 45 47 56
Market Share 0,53% 0.59% 0,75%
Total Loans (KYD) Banking Industry 7.187 6.417 5.821
KB Bank 49 46 59
Market Share 0,69% 0.72% 1,01%
=
172 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 173
DIVIDEND POLICY
AND DISTRIBUTION
Basic Dividend Distribution Policy
Based on the Bank’s Articles of Association regarding the Use of Profits and Distribution of Dividends, the dividend distribution
policy implemented by the Bank is adjusted to the Bank’s capabilities based on decisions taken at the General Meeting of
Shareholders (GMS). This is done by considering financial conditions and the level of financial soundness, as well as regulations
regarding capital and applicable laws and regulations in the banking sector. The distribution of dividends depends on the
performance and financial condition of the Company.
Dividend Distribution and Payment for the Last 3 Years
Description 2023 2022 2021
Fiscal year 2022 2021 2020
Announcement Date - - -
Payment Date - - -
Dividend Distribution Policy (%) - - -
Cash Dividend Distributed (IDR) - - -
Dividend per share (IDR/share) - - -
Dividend Distribution Ratio (%) - - -
PT Bank KB Bukopin Tbk Annual Report 2023 173
Page 174
Management Analysis and Discussion of Company Performance INFORMATION ABOUT THE SHARE OWNERSHIP PROGRAM BY EMPLOYEES AND/OR MANAGEMENT (ESOP/MSOP) In accordance with the General Meeting of Shareholders on April 20 2005 as stated in Deed No. 26 from Notary Lindasari Bachroem, S.H., shareholders approved the issuance of option shares which will be implemented in 3 (three) stages. Stock options are given to directors and employees in certain positions who meet the specified requirements. The number of shares issued in the first to third stage of stock options is a maximum of 5% (five percent) of the Bank’s paid-up capital within a period of 3 (three) years without giving prior rights to existing shareholders (Pre-emptive Rights). The first phase of stock options was granted at the time of the IPO. As of July 6 2013 (the last exercise date), there were stock options that had not been exercised because the exercise period had passed, therefore a reserve for expired stock options amounting to IDR 8,599 million had been recorded as additional paid-in capital. 174 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 175
INFORMATION REGARDING THE
REALIZATION
OF USE OF PUBLIC OFFERING PROCEEDS
Public Offering Fund Realization Report
Working
Remaining
Capital
Limited Proceeds
Type of Limited Effective Limited Net of Bank
Offer Total from
Offering Date Offer Fees Proceeds Financing
Amount Limited
Business
Offering
Activities
Bank KB Bukopin Senior 1.000.000 8.584 994.656 994.656 994.656 -
Shelf Registration Bond I August 31,
Phase I Year 2021 2021
Bank KB Bukopin 1.000.000 5.344 991.416 991.416 991.416 -
Subordinated Bonds III
Phase I Year 2021 Series
A-B
On February 28, 2017, the Bank issued and recorded Bank KB Bukopin Continuous Subordinated Bonds II Phase II 2017 amounting
to IDR 1,405,000 million with a fixed interest rate of 11% per year and a term of 7 (seven) years from the date of issuance. These
bonds are listed on the Indonesian Stock Exchange. Bond interest is paid every 3 (three) months. The first bond interest payment
was made on May 29 2017, while the final bond interest payment and bond principal maturity will be made on February 28 2024.
On September 10, 2021, the Bank issued and listed Bank KB Bukopin Continuous Bonds I Phase I 2021 amounting to IDR 1,000,000
with a fixed interest rate of 6.25% per year and a term of 3 (three) years from the date of issuance. These bonds are listed on
the Indonesian Stock Exchange. Bond interest is paid every 3 (three) months. The first bond interest payment was made on
December 9 2021, while the final bond interest payment and bond principal maturity will be made on September 9 2024.
On September 10, 2021, the Bank issued and listed Bank KB Bukopin Phase I 2021 Series A Continuous Subordinated Bonds
III amounting to IDR 315,000 with a fixed interest rate of 8% per year and a term of 5 (five) years from the date of issuance.
These bonds are listed on the Indonesian Stock Exchange. Bond interest is paid every 3 (three) months. The first bond interest
payment was made on December 9 2021, while the final bond interest payment and bond principal maturity will be made on
September 9 2026.
On September 10, 2021, the Bank issued and listed Bank KB Bukopin Phase I 2021 Series B Continuous Subordinated Bonds III
amounting to IDR 685,000 with a fixed interest rate of 8.9% per year and a term of 7 (seven) years from the date of issuance.
These bonds are listed on the Indonesian Stock Exchange. Bond interest is paid every 3 (three) months. The first bond interest
payment was made on 9 December 2021, while the final bond interest payment and bond principal maturity will be made on
September 9 2028.
The Bank issues senior bonds and subordinated bonds to develop financing and strengthen the Bank’s long-term funding
structure. This subordinated bond is not guaranteed by any special collateral, but is guaranteed by all of the Bank’s assets,
which already exist or will exist in the future, both movable and immovable assets in accordance with the provisions in articles
1131 and 1132 of the Civil Law Code.
The subordinated bond agreement includes several restrictions, including prohibitions on reducing authorized capital, issued
and paid-up capital, business mergers and/or consolidations, transactions with related parties, loans and bond issuance. During
PT Bank KB Bukopin Tbk Annual Report 2023 175
Page 176
Management Analysis and Discussion of Company Performance the years ended December 31, 2023 and 2022, the Bank has complied with the provisions regarding limitations on obligations as agreed in the Trustee Agreement. During the years ending in December 31, 2023 and 2022, the Bank has made timely bond interest payments. For the purposes of calculating the Minimum Capital Requirement Ratio (KPMM), the above subordinated bonds are calculated as supplementary capital after the Bank receives a letter of approval from the Financial Services Authority No. S-56/PB.31/2015 dated July 7, 2015 and from Bank Indonesia No. 14/24/DPB1/TPB1-4 dated March 14, 2012. For the purposes of calculating the Minimum Capital Requirement (KPMM) ratio, Continuous Subordinated Bonds III are calculated as supplementary capital after the Bank receives a letter of approval from the Financial Services Authority No. S-212/PB.31/2021 dated October 4, 2021. 176 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 177
MATERIAL INFORMATION REGARDING
INVESTMENT, EXPANSION, DIVESTMENT,
BUSINESS MERGER, ACQUISITION, AND/
OR DEBT/CAPITAL RESTRUCTURING
MATERIAL INFORMATION REGARDING INVESTMENT
Material information regarding Bank investments which mature in 2023 and which are still outstanding after 31 December 2023
can be seen as follows:
Rate
Description Maturity Date
31-Dec-23 31-Dec-22
Domestic Letters of Credit June 12, 2024 No Rating No Rating
Government Bonds – US Dollars January 15, 2024 No Rating No Rating
KIK EBA Bahana Bukopin Year 2019 September 4, 2026 idAAA idAAA
IDR-Linked Step-Up Fixed Rate Guaranteed Bond IDMB United Pte Ltd June 21, 2027 A+ A+
SMMK Pte Ltd September 28, 2037 A+ -
Corporate Sukuk September 28, 2037 AAA(idn) BBB-
Government Bonds – Rupiah April 15, 2040 No Rating No Rating
Indonesia Sukuk Ijarah Bonds April 15, 2043 idA- idA-
Bonds IV Bank Lampung July 7, 2022 - -
Subordinated Bonds I Bank Victoria Tranche I Year 2017 July 11, 2022 - -
Subordinated Bonds I Bank Victoria Tranche II Year 2018 Serie B June 5, 2023 - -
Subordinated Bonds I Bank Victoria Tranche II Year 2018 Serie A June 6, 2021 - -
Subordinated Bonds III Adira Finance Tranche V Year 2017 Serie B March 22, 2020 - -
Subordinated Bonds III Bank Tabungan Negara Year 2017 Tranche I Serie A July 13, 2020 - -
Subordinated Bonds II Wahana Ottomitra Multiartha Year 2017 Tranche II August 22, 2020 - -
Serie B
Bonds II Bank Maluku Year 2017 Serie B December 8, 2020 - -
Subordinated Bonds I Bank DKI Year 2016 Tranche I June 30, 2021 - -
Medium Term Notes IV Clipan Finance Year 2018 November 23, 2020 - -
Medium Term Notes Bonds Bank Jambi Year 2017 June 6, 2020 - -
Medium Term Notes Bonds Tranche II Bank Sumitomo Mitsui June 14, 2020 - -
Medium Term Notes Bonds I Bank Danamon 2019 March 6, 2020 - -
Bank Indonesia Certificate 3 Jan 2020- August 14, - -
2020
Bank Indonesia Sukuk January 9, 2020 - -
Ratings for bonds listed on the Indonesian Stock Exchange are based on ratings reported by PT Pemeringkat Efek Indonesia
(Pefindo), while ratings for other bonds not listed on the Indonesian Stock Exchange are based on bond ratings reported by
Standard & Poor’s.
PT Bank KB Bukopin Tbk Annual Report 2023 177
Page 178
Management Analysis and Discussion of Company Performance
INFORMATION ON MATERIAL TRANSACTIONS
CONTAINING CONFLICTS OF INTEREST
AND/OR TRANSACTIONS WITH AFFILIATED
PARTIES/RELATED PARTIES
CONFLICT OF INTEREST TRANSACTIONS AND/OR
TRANSACTIONS WITH AFFILIATED PARTIES
Conflict of Interest is a difference between the economic interests of the Company and the personal economic interests of
members of the Board of Directors, members of the Board of Commissioners, or major shareholders which could be detrimental
to the Company in question.
Affiliate Transactions are Transactions carried out by a Company or Controlled Company with Affiliates of the Company or
Affiliates of members of the Board of Directors, members of the Board of Commissioners, or major shareholders of the Company.
RELATED PARTY TRANSACTIONS
1. The person or immediate family member has a relationship with the reporting entity if the person:
a. Having control or joint control over the reporting entity;
b. Have significant influence over the reporting entity; or
c. Represent key management personnel of the reporting entity or the parent entity of the reporting entity.
2. An entity has a relationship with a reporting entity if that entity:
a. The entity and the reporting entity are members of the same business group (meaning the parent entity, subsidiary and
subsequent subsidiaries are related to another entity);
b. An entity is an associated entity or joint venture of another entity (or an associated entity or joint venture that is a member
of a business group, of which the other entity is a member);
c. Both entities are joint ventures of the same third party;
d. One entity is a joint venture of a third entity and another entity is an associate entity of a third entity;
e. The entity is a post-employment benefits program for employee benefits from one of the reporting entities or an entity
related to the reporting entity. If the reporting entity is the entity that organizes the program, then the sponsoring entity
is also related to the reporting entity;
f. Entities controlled or jointly controlled by the person identified as referred to in point i); or
g. Persons identified as referred to in point (i)(a) have significant influence over the entity or are key management personnel
of the entity (or the parent entity of the entity);
h. The entity, or a member of a group of which the entity is part, provides key management personnel services to the
reporting entity or to the parent entity of the reporting entity.
NAME OF THE TRANSACTION PARTY, NATURE OF THE AFFILIATE RELATIONSHIP,
NATURE OF THE TRANSACTION, AND REASON FOR THE TRANSACTION
This transaction is carried out based on terms agreed by both parties, where these terms may not be the same as transactions
carried out with unrelated parties.
Based on these provisions, related parties and the nature of their relationship with the Bank are described as follows:
178 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 179
Nature of Relationship Related Parties
Controlling Shareholders KB Kookmin Bank Co., Ltd.
Controlled/under the significant influence of one of the PT Haka Sarana Investama
Bank's main shareholders
Kopelindo Infrastruktur Indonesia
PT Bosowa Berlian Motor
PT Bosowa Amal Taksi
PT Mallomo
PT Bosowa Utama
PT Makassar Capital
PT Bosowa Tambang Indonesia
PT KB Finansial Multi Finance
PT Sunindo KB Finance
PT Kurnia Oryza Abadi
PT Dalle Mineral Papua
Controlled by the closest family of management
Same key management Dinasti Batubara Indonesia
PT Gerin Surya Gemilang
Bank pension fund Dana Pensiun Bank KB Bukopin
Management and key employees Direksi, Dewan Komisaris, Dewan Pengawas Syariah, dan Pejabat Eksekutif
Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive
Officers
Realization of Related Party Transactions
(in million IDR, unless stated otherwise)
DESCRIPTION 2023 2022
ASSETS
Current Account in other Banks
KB Kookmin Bank 6.377 75.647
Loans and Sharia financing/receivables - gross
PT KB Finansia Multi Finance 499.791 250.000
PT Haka Sarana Investama 0 121.048
PT Sunindo KB Finance 119.988 120.000
PT Dalle Mineral Papua 0 55.309
Dinasti Batubara Indonesia 0 46.278
PT Bosowa Amal Taksi 0 28.891
PT Bosowa Utama 0 27.519
PT Mallomo 0 27.012
PT Bosowa Berlian Motor 0 26.081
Kopelindo Infrastruktur Indonesia 0 15.934
PT Makassar Capital 0 7.369
PT Kurnia Oryza Abadi 0 4.878
PT Gerin Surya Gemilang 0 3.348
PT Bosowa Tambang Indonesia 0 32
PT Merpati Wahana Taksi 0 0
PT Karya Ratu Mulia 0 0
PT Legalino Lines 0 0
PT Oto Rental Nusantara 0 0
PT Anisbi Nunggal Bhakti 0 0
PT Bantimurung Indah 0 0
PT Bank KB Bukopin Tbk Annual Report 2023 179
Page 180
Management Analysis and Discussion of Company Performance
(in million IDR, unless stated otherwise)
DESCRIPTION 2023 2022
Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive Officers 20.867 27.634
Total Assets for the related parties 647.023 836.980
Percentage of Total Asset 0,77% 0,93%
LIABILITIES
Savings from Other Banks 7.699.413 10.121.907
Borrowings 6.544.886 6.533.582
Timed Deposits 40.311 55.847
Current Account 9.094 260.318
Savings 18.491 9.870
Issued Securities 0 0
Post-employment benefits 0 0
KB Bukopin Bank Pension Fund 61.700 51.700
Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive Officers 0 0
Total Liabilities for related parties 14.373.895 17.033.224
Percentage of total liabilities 20,48% 21,62%
Interest and Sharia income from related parties 22.592 13.157
Percentage against interest and Sharia 0,46% 0,32%
Other operating income
Other income and commissions from related parties 0 255
Percentage of other operating income 0,00% 0,05%
Interest and Sharia expenses from related parties 899 7.253
Percentage of interest and Sharia expenses 0,02% 0,24%
Other operational expenses
Salaries and benefits of employees, management and executive officers 67.460 59.227
Percentage of other operations 2,74% 2,44%
EXPLANATION OF TRANSACTION FAIRNESS
KB Bank carries out transactions with related parties substantially with normal requirements as with unrelated parties and is
treated as transactions in accordance with the standards of PSAK No. 7 concerning Disclosures of Related Parties.
The Company carries out transactions with related parties based on market prices. Transactions between the Company and
BUMN are treated as transactions with related parties in accordance with PSAK 7 concerning Disclosures of Related Parties.
DIRECTORS’ STATEMENT REGARDING THE ARM’S LENGTH PRINCIPLE
The Board of Directors is committed to upholding the Arm’s length principle (ALP), which is a principle that regulates that if the
conditions in a transaction carried out between parties who have a Special Relationship are the same or comparable to the
conditions in a transaction carried out between parties who do not have a Special Relationship which becomes a comparison,
then the price or profit in transactions carried out between parties who have a special relationship must be the same as or
within the range of prices or profits in transactions carried out between parties who do not have a special relationship who act
as a comparison. In principle, based on the norm that the price or profit on transactions carried out with affiliated parties is
determined by market forces, so that these transactions can reflect Fair Market Value (FMV).
180 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 181
THE ROLE OF THE BOARD OF COMMISSIONERS AND THE AUDIT COMMITTEE IN FULFILLING THE ARM’S LENGTH PRINCIPLE The Board of Commissioners together with the Audit Committee are committed to upholding the Arm’s length principle (ALP). The Company’s review mechanism for transactions with Related Parties is carried out through an audit process, especially audits that have been carried out by public accountants and published, where this mechanism is contained in PSAK 7 (2014 revision) concerning “Related Party Disclosures”. In principle, based on the norm that the price or profit on transactions carried out with affiliated parties is determined by market forces, so that these transactions can reflect Fair Market Value (FMV). Throughout 2023, the Bank had no violations of laws and regulations related to transactions with related parties and there were no transactions containing conflicts of interest. FULFILLMENT OF RELATED REGULATIONS AND PROVISIONS Fulfillment of related regulations and provisions, namely Financial Accounting Standards (SAK) in Indonesia is carried out through efforts to disclose PSAK No. 7 concerning Disclosure of Related Parties in the Company’s 2022 Financial Report which has been audited by the Public Accounting Firm Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan. All transactions carried out with related parties, whether carried out with conditions and conditions with third parties or not, are disclosed in the financial statements. PT Bank KB Bukopin Tbk Annual Report 2023 181
Page 182
Management Analysis and Discussion of Company Performance
CHANGES IN LEGISLATION THAT HAVE A
SIGNIFICANT
INFLUENCE ON THE COMPANY
The Bank is committed to complying with statutory regulations. So that the Bank always pays attention to any changes in
legislation to be implemented in the Bank’s business activities. During 2023, there were no changes in laws and regulations that
had a significant impact on the Company. Thus, the Company does not present information on changes in laws and regulations
and their impacts (qualitative and/or quantitative).
CHANGES IN ACCOUNTING POLICIES AND
THEIR IMPACT ON THE COMPANY
Changes in
No Accounting Explanation/Reason of Changes Impact to the Bank
Policies
1. Amendment to PSAK No. 1: "Presentation of Financial Statements" on
Adoption of revised Disclosure of Accounting Policies which Changes the Term "Significant" to did not result in a significant
financial accounting "Material" and Provides Explanation of Material Accounting Policies; change in the Company's
standards, effective 2. Amendment to PSAK No. 16, Fixed Assets: Regarding proceeds before accounting policies and did
January 1, 2023 that intended use not have a material impact on
are relevant to the the amounts reported in the
Company 3. Amendment to PSAK No. 25, Accounting Policies, Changes in Accounting current or prior year financial
Estimates and Errors: Definition of Accounting Estimates statements
4. Amendment to PSAK No. 46, Income Taxes: Deferred Taxes on Assets and
Liabilities Arising from a Single Transaction;
5. Amendment to PSAK No. 107, "Accounting for Ijarah";
6. PSAK 1 (Amendment): "Presentation of Financial Statements: Classification of
Liabilities as Short-term or Long-term";
7. PSAK 1 (Amendment): "Presentation of Financial Statements: Disclosure of
Accounting Policies";
8. PSAK 16 (Amendment): "Fixed Assets: Results Before Intended Use";
9. PSAK 25 (Amendment): "Accounting Policies, Changes in Accounting
Estimates, and Errors: Definition of Accounting Estimates";
10. PSAK 46 (Amendment): "Income Taxes: Deferred Taxes related to Assets and
Liabilities arising from a Single Transaction" adopted from the Amendent to
IAS 12 Income Taxes on Deferred Tax related to Assets and Liabilities arising
from a Single Transaction";
11. PSAK 73 (Amendment): "Leases: relating to lease liabilities in sale and
leaseback transactions";
12. PSAK 107 (Amendment): "Accounting for Ijarah".
182 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 183
COMMITMENTS AND
CONTINGENCIES
Below are presented projections of commitments and contingencies for 2023 – 2025
Realization Projection
Basic Financial
Sep Dec Mar Jun Sep Dec Dec Dec
Posts
2022 2022 2023 2023 2023 2023 2024 2025
Commitment receivables
Ongoing spot and 731.385 731.385 740.527 749.670 758.812 767.954 806.352 846.670
derivative purchase
positions
Commitment liabilities
Letters of Credit 60.452 60.452 61.208 61.964 62.719 63.475 66.649 69.981
Withdrawal Allowance 4.369.831 4.369.831 4.424.454 4.479.077 4.533.699 4.588.322 4.817.738 5.058.625
on Debtors
Spot and derivative 196.569 196.569 199.026 201.483 203.940 206.397 216.717 227.553
sales positions
Contingent Liabilities
Bank guarantee 1.193.014 1.193.014 1.207.927 1.222.839 1.237.752 1.252.665 1.315.298 1.381.063
Contingent Receivable
Outstanding Interest 3.761.643 3.573.561 3.484.222 3.394.883 3.305.544 3.216.205 2.894.584 2.605.126
Income
Based on the Parties
31 December 31 December
Description
2023 2022
Commitment
Commitment Receivables
Outstanding spot and derivative purchased 595.903 1.242.120
Commitment Liabilities
Unused loans and Sharia financing/receivable facilities
Related Parties - -
Third Party (4.822.935) (4.215.885)
Outstanding SKBDN - (52.283)
Outstanding Irrevocable L/C
Related parties - -
Third Party (88.205) (11.744)
Outstanding spot and derivative purchased (971.552) (818.770)
Total Commitment Liabilities (5.882.692) (5.098.682)
Total Commitment – Net (5.286.789) (3.856.562)
Contigency
PT Bank KB Bukopin Tbk Annual Report 2023 183
Page 184
Management Analysis and Discussion of Company Performance
Based on the Parties
31 December 31 December
Description
2023 2022
Contigency Receivables
Interest Income on non-performing loans 4.038.667 4.066.581
Contigency Liabilities
Bank Guarantee
Related parties - -
Third Party (1.337.709) (3.161.179)
Others - -
Total Contingent Liabilities (1.337.709) (3.161.179)
Total Contingent Net 2.700.958 905.402
Commitments and Contingent Liabilities - Net (2.585.831) (2.951.160)
184 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 185
DERIVATIVES AND
HEDGING FACILITIES
On 31 December 2022 and 2023, there are derivative receivables and liabilities with transaction details as follows:
Derivative Transactions on Foreign Currency Swaps
(in million IDR, unless stated otherwise)
31 December 2023 31 Desember 2022
Parties Contract Derivatice Derivatice Contract Fair Derivatice Derivative
Fair Value
Value Receivables Receivables Value Value Receivables Liabilities
Third Parties
Foreign currency swap transactions:
US Dollar 1.543.614 2.389 3.040 (808) 2.048.630 (3.005) 9.254 (12.259)
Japanese Yen - - - - - - - -
Total 1.543.614 2.389 3.040 (808) 2.048.630 (3.005) 9.254 (12.259)
PT Bank KB Bukopin Tbk Annual Report 2023 185
Page 186
Management Analysis and Discussion of Company Performance COMPANY HEALTH LEVEL The measurement of the company’s health level carried out by KB Bank is guided by the Financial Services Authority Circular No. 14/SEOJK.03/2017 dated 17 March 2017 concerning Assessment of the Soundness Level of Commercial Banks using a risk approach (Risk-based bank rating) which includes four factors, namely: 1. Risk Profile; 2. Good Corporate Governance (GCG); 3. Profitability (Earnings); 4. Capital (Capital). From the results of the quarterly risk profile self-assessment submitted to the Financial Services Authority, for the position of December 2023, the Bank’s overall risk is at a risk level of PK-2 186 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 187
MATTERS THAT HAVE THE POTENTIAL TO
HAVE A
SIGNIFICANT IMPACT ON BUSINESS
CONTINUITY
MATTERS THAT HAVE THE POTENTIAL TO HAVE A
SIGNIFICANT IMPACT ON BUSINESS CONTINUITY
Throughout 2023, there were no factors that significantly affected the Company’s business continuity, both in the fiscak year
and in the coming years. In light of the Covid-19 pandemic and the ongoing Russia-Ukraine war, KB Bank has designed a
comprehensive roadmap of future strategies and early mitigation of business risks in order to achieve sustainable performance.
MANAGEMENT ASSESSMENT OF MATTERS THAT HAVE A
SIGNIFICANT INFLUENCE ON BUSINESS CONTINUITY
KB Bank’s management has assessed the Bank’s ability to continue as a going concern and believes that the Bank has the
resources to continue as a going concern for the foreseeable future. In addition, the Bank’s management is not aware of any
material uncertainties that may cast significant doubt about the Bank’s ability to continue as a going concern.
ASSUMPTIONS USED BY MANAGEMENT IN CARRYING OUT ASSESSMENTS
Some of the factors considered by management in assessing business continuity include financial performance, liquidity, solvency,
internal issues, and legal matters. Regarding the impact of the Covid-19 pandemic and the Russia-Ukraine war, management
will continue to monitor and address these risks and uncertainties related to this matter in the future. This includes various
aspects as follows:
1. Financial aspect
a. Comparing the 2023 realised balances with the audited Financial Statements.
b. Recalculating the percentage fluctuations reported by Management between the actual balances for 2023 and the target
budget/RKAP for 2023 and the actual balances for 2022.
2. Business development of the Company
a. Comparing the financial information for 2022 and 2023 with the audited Financial Statements.
b. Recalculating and comparing financial ratio information for 2022 and 2023.
PT Bank KB Bukopin Tbk Annual Report 2023 187
Page 188
Management Analysis and Discussion of Company Performance
TAX
ASPECTS
TAX PAYMENT PUBLICATION
Bank compliance in paying taxes and implementing Good Corporate Governance is very important in its contribution to the country.
By ensuring compliance with tax regulations and transparency in management, banks can ensure that their contributions are
not limited to just a few products, but are distributed more evenly. This could result in a more stable and sustainable increase in
fee-based income for banks, while helping to support the development of government-funded infrastructure and public services.
In this way, banks not only fulfill corporate social responsibilities, but also support sustainable economic growth.
PAYMENT OF TAXES
Total tax payments by banks for the period January to December 2022 and 2023 are as follows:
TAX PAYMENT FULFILLMENT
(in full IDR, unless stated otherwise)
Increase (Decrease)
Description 2023 2022
Nominal Percentage (%)
PPh Badan Corporate Income - - - n.a
Tax -
Individual Income Tax 64.930.679.520 59.431.443.598 5.499.235.922 9,25%
VAT 18.404.235.074 26.495.496.143 (8.091.261.069) -30,54%
Other taxes:
Article 23 Income Tax 15.584.706.000 12.322.569.499 3.262.136.501 26,47%
Article 26 Income Tax 124.005.791.747 41.862.476.780 82.143.314.967 196,22%
Article 4 Paragraph 2 Income 404.045.662.323 333.126.561.294 70.919.101.029 21,29%
Tax
Other (Revaluation) 1.031.740.000 502.650.000 529.090.000 105,26%
Total Tax Payment 628.002.814.664 473.741.197.314 154.261.617.350 32,56%
This tax payment reflects the bank’s commitment to complying with all applicable tax obligations. By fulfilling these tax
responsibilities, banks not only carry out their duties as responsible business entities, but also contribute directly to the
development of the country and the economy as a whole. The funds paid through this tax will be used by the government
to support various development programs, including infrastructure development, health services, education and other social
programs, which ultimately provide benefits to society at large.
188 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 189
IMPACT OF CHANGES IN INTEREST
RATES ON BANK PERFORMANCE
At the Bank Indonesia Board of Governors Meeting on 20- 3. Strengthening the policy of transparency in Basic Credit
21 December 2023, it was decided to maintain the bi-rate Interest Rates (SBDK) with a focus on credit interest rates
at 6.00%, the deposit facility interest rate at 5.25%, and the per economic sector (Appendix);
lending facility interest rate at 6.75%. Starting December 4. Accelerate digitalization of payment systems and expand
21 2023, BI will use the name bi-rate as the policy interest cooperation between countries to increase transaction
rate, replacing the bi 7-day (reverse) repo rate to strengthen volume and encourage inclusion in the Digital Financial
monetary policy communication. This decision is consistent Economy (EKD), through:
with the pro-stability focus to strengthen the stabilization of 5. Expanding QRIS implementation by: (a) setting a target
the rupiah exchange rate and maintain inflation within the target of QRIS usage of 55 million users in 2024; (b) set a QRIS
of 2.5 ± 1% in 2024. Macroprudential policies and payment transaction volume target of 2.5 billion transactions in 2024;
systems remain pro-growth with loose policies to support and (c) strengthening the inter-country QRIS implementation
banking credit/financing and accelerate system digitalization strategy to accelerate transaction acceptance;
payments for digital economic-financial inclusion, including 6. Strengthening the implementation of the Indonesian Credit
central and regional government financial transactions. Card (KKI) in the Government Segment by developing the
KKI Online Payment feature, as well as expanding more
Strengthening the monetary, macroprudential and payment intensive socialization, coordination and monitoring;
system policy mix to maintain stability and support sustainable 7. Expanding international cooperation with central banks
economic growth also includes the following steps: and partner country authorities, particularly through inter-
1. Stabilization of the Rupiah exchange rate through country QRIS and Local Currency Transactions (LCT), as
intervention in the foreign exchange market in spot well as facilitating the promotion of investment, trade and
transactions, Domestic Non-Deliverable Forward (DNDF), tourism in priority sectors in collaboration with relevant
and Government Securities (SBN) in the secondary market; agencies.
2. Strengthening pro-market monetary operations strategies
for monetary policy effectiveness, including optimization
of Bank Indonesia Rupiah Securities (SRBI), Bank Indonesia
Foreign Currency Securities (SVBI), and Bank Indonesia
Foreign Currency Sukuk (SUVBI);
PT Bank KB Bukopin Tbk Annual Report 2023 189
Page 190
Management Analysis and Discussion of Company Performance
PROHIBITIONS, LIMITATIONS AND/OR
SIGNIFICANT OBSTACLES
TO TRANSFERRING FUNDS BETWEEN
BANKS AND OTHER ENTITIES IN A
BUSINESS GROUP
In carrying out its business activities, the Company has established clear policies regarding restrictions on transferring funds,
which are described as follows:
1. The Company has no restrictions in operational procedures related to customer fund transfers, both incoming and outgoing
transfers between banks and other entities within a business group. The number and value of transactions refer to regulatory
provisions regarding the Maximum Credit Grant Limit (BMPK).
2. The Company refers to LLL regulations relating to transactions for inter-bank placements from KB Bank to other banks and
entities within one business group.
190 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 191
PERFORMANCE
OF SUBSIDIARIES
In its business structure, the Company has two Subsidiaries whose performance is consolidated, namely PT Bank KB Bukopin
Syariah and PT KB Bukopin Finance. An explanation of Subsidiaries is presented in the Profile section of this Annual Report.
PT BANK KB BUKOPIN SYARIAH
FINANCIAL PERFORMANCE OF PT BANK KB BUKOPIN SYARIAH
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Assets 7.920,5 7.013,2 907,2 12,94%
Liabilities 7.151,7 6.399,2 752,5 11,76%
Equity 768,8 614,1 154,7 25,20%
Net Profit (527,1) (68,6) (458,4) -667,97%
PT KB BUKOPIN FINANCE
FINANCIAL PERFORMANCE OF PT KB BUKOPIN FINANCE
Increase (Decrease)
Description 2023 2022 Percentage
Nominal
(%)
Assets 459,7 424,5 35,2 8,29%
Liabilities 10,3 299,4 (289,1) -96,57%
Equity 449,4 125,1 324,2 -259,10%
Net Profit (18,6) (2,9) (15,6) -531,41%
PT Bank KB Bukopin Tbk Annual Report 2023 191
Page 192
Management Analysis and Discussion of Company Performance
RISK EXPOSURE AND
CAPITAL PUBLISHED REPORTS
GENERAL
T T-1 T-3 T-4
T-2
No. Description (December (September (March 31, (December
(June 30, 2023)
31, 2023) 30, 2023) 2023) 31, 2022)
Available capital (value) Consolidation
1 Common Equity Tier (CET1) 9.813.056 11.837.425 13.347.079,66 6.682.166,67 6.750.289,42
2 Equity Tier (Tier 1) 9.813.056 11.837.425 13.347.079,66 6.682.166,67 6.750.289,42
3 Total Capital 14.205.129 16.288.190 17.972.921,00 11.370.810,00 11.538.974,75
Risk Weighted Assets (Value)
4 Total Risk Weighted Assets (RWA) 50.831.470 51.915.591 49.137.624,59 52.582.308,08 58.512.127,99
Risk Based Capital Ratio in the form of percentage of RWA
5 CET 1 Ratio (%) 19.31% 22.80% 27.16% 12.71% 11.54%
6 TIER 1 Ratio (%) 19.31% 22.80% 27.16% 12.71% 11.54%
7 Total Capital Ratio 27.95% 31.37% 36.58% 21.62% 19.72%
Tambahan CET1 yang berfungsi sebagai buffer dalam bentuk persentase dari ATMR
8 Capital conservation buffer (2.5% 2,50% 2,50% 2,50% 2,50% 2,50%
from ATMR) (%)
9 Countercyclical buffer (2.5% from 0,00% 0,00% 0,00% 0,00% 0,00%
ATMR) (%)
10 Capital Surcharge for Systemic Bank 0,00% 0,00% 0,00% 0,00% 0,00%
(1% - 2.5%) (%)
11 Total CET1 as buffer (Line 8 + Line 9 2,50% 2,50% 2,50% 2,50% 2,50%
+ Line 10)
12 CET1 Component for buffer 13.31% 16.80% 21.16% 6,71% 5,54%
Leverage ratio in accordance with Basel III
13 Total Exposure 81.624.415.98 81.516.022,51 84.926.240,00 86.629.823,34 89.448.195,85
14 Leverage Ratio Value, including the 12.02% 14.52% 15.72% 7.71% 7.46%
impact of the adjustment towards
temporary exemptions on current
account placements in Bank Indonesia
in order to meet Statutory Reserve
provisions (if any)
14b Leverage Ratio Value, excluding the 12.02% 14.52% 15.72% 7.71% 7.46%
impact of the adjustment towards
temporary exemptions on current
account placements in Bank Indonesia
in order to meet Statutory Reserve
provisions (if any)
14c Leverage Ratio Value, including 12.02% 14.52% 15.72% 7.71% 7.46%
impact from the adjustment towards
temporary exemptions on current
account placements in Bank Indonesia
in order to meet Statutory Reserve
provisions (if any), which has inputed
the average value of the listed value of
the Securities Financing Transaction
(SFT) assets on a gross basis
192 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 193
T T-1 T-3 T-4
T-2
No. Description (December (September (March 31, (December
(June 30, 2023)
31, 2023) 30, 2023) 2023) 31, 2022)
14d Leverage Ratio Value, excluding the 12.02% 14,52% 15,72% 7,71% 7,46%
impact of the adjustment towards
temporary exemptions in current
account placements in Bank Indonesia
in order to meet Statutory Reserve
provisions (if any), which has inputed
the average value of the listed value of
the Securities Financing Transaction
(SFT) assets on a gross basis
Liquidity Coverage Ratio (LCR)
15 Total High Quality Liquid Assets 15.043.596.10 16.692.850,46 19.228.497,64 18.139.233,61 16.796.868,76
(HQLA)
16 Total Net Cash Outflow 12.236.932.29 11.890.658,81 10.468.604,90 11.166.235,08 10.170.023,09
17 LCR (%) 122.94% 140.39% 183.68% 162.45% 165.16%
Net Stable Funding Ratio (NSFR)
18 Total Available Stable Funding (ASF) 74.367.444.17 71.108.887,52 73.605.396,92 67.581.524,28 68.596.524,90
19 Total Required Stable Funding (RSF) 71.426.243.31 69.792.891,75 67.788.655,38 65.996.897,75 65.851.086,97
20 NSFR (%) 104.12% 101.89% 108.58% 102.40% 104.17%
Qualitative Analysis
As of December 2023, the Bank’s ratios, both consolidated and individual, including the total capital ratio, leverage ratio, LCR and NSFR have met
regulatory requirements.
Differences between Accounting and Prudential Regulation on Scopes of Consolidation
The carrying amount of each risk
Carrying amount
as stated in the In In In Not refer to
published financial accordance accordance accordance capital
statements (in According to
with with with requirements or
millions) the market risk
credit risk counterparty securitization based on capital
framework
framework credit risk framework reduction
framework
consolidated balance
sheet
Assets
Cash 289.184 289.184
Placement with Bank 4.929.237 4.929.237
Indonesia
Placement with Other 752.531 752.531
Banks
Spot and derivatives 3.040 - 3.040,00
receivables
Securities 17.536.248 17.416.635 119.600 13
Securities sold under repurchase agreements (repo)
Receivables from 2.572.152 2.572.152
securities purchased
under re-sell agreement
(reverse repo)
Acceptances receivables 132.577
Loans 43.788.320 132.577
Sharia financing 5.631.789
PT Bank KB Bukopin Tbk Annual Report 2023 193
Page 194
Management Analysis and Discussion of Company Performance
The carrying amount of each risk
Carrying amount
as stated in the In In In Not refer to
published financial accordance accordance accordance capital
statements (in According to
with with with requirements or
millions) the market risk
credit risk counterparty securitization based on capital
framework
framework credit risk framework reduction
framework
Equity capital 15 15
Other financial assets 739.975 739.975
Allowance for impairment -
in of financial assets
a. Marketable securities - (109) -
b. Loans and Sharia (3.582.834) -2.358.581
financing
c. Others (1.613) -
Intangible assets 635.815 635.815
Accumulated (350.230) -350.230
amortization of intangible
assets
Fixed assets and 4.645.635 4.645.635
inventories
Accumulated (1.413.059) -1.413.059
depreciation of fixed
assets and inventories
Non-productive assest
a. Abandoned properties 22.395
b. Foreclosed collaterals 2.503.459 2.503.459
c. Suspended accounts -
d. Inter-branch assets -
Other assets 5.473.166 5.473.166
Total assets 84.307.300 82.437.108 3.040 119.600 13 -
Liabilities
Current account 3.177.708 3.177.708
Saving account 6.873.184 6.873.184
Time deposits 34.738.311 34.738.311
Electronic money - -
Liabilities to Bank - -
Indonesia -
Interbank liabilities 7.886.721 7.886.721
Spot and derivative 808 808
liabilities
Liabilities on securities 219.631 219.631
sold under repurchase
agreement (repo)
Acceptances liabilities 132.577 132.577
Issued securities 3.397.588 3.397.588
Borrowings 11.704.492 11.704.492
194 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 195
The carrying amount of each risk
Carrying amount
as stated in the In In In Not refer to
published financial accordance accordance accordance capital
statements (in According to
with with with requirements or
millions) the market risk
credit risk counterparty securitization based on capital
framework
framework credit risk framework reduction
framework
Security deposits 30.830 30.830
Inter-branch liabilities - -
Other liabilities 2.035.347 2.035.347
Minority interest - (26.146) -26.146
Total liabilities 70.170.991 - - - - 70.170.991
Paid-up capital
a. Authorized capital 21.000.000
b. Unpaid capital -/- (2.000.000)
c. Shares repurchased -
(treasury stock) -/-
Additional paid-in capital
a. Agio 8.225.767
b. Disagio -/- -
c. Donated capital -
d. Capital deposit funds -
e. Other -
Other Comprehensive
Income
a. Profit 1.775.069
b. Loss -
Reserve
a. General reserves -
b. Destination Reserve -
Profit and loss
a. Past years (8.830.450)
b. Current year (6.034.077)
c. Dividends paid -/-
Total Ekuitas 14.136.309
PT Bank KB Bukopin Tbk Annual Report 2023 195
Page 196
Management Analysis and Discussion of Company Performance
Sources of Major Differences between Exposures
as of Caution with Carrying Values in accordance
with Financial Accounting Standards
December 2023
a b c d e
Items according to:
Total
Credit Risk Securitization Kerangka risiko
Counterparty
Framework Framework pasar
Asset carrying value amount under scope of regulatory 84.307.300 82.437.108 119.600 3.040 13
consolidation (as per template LI1)
Liabilities carrying value amount under regulatory 70.170.991
scope of consolidation (as per template LI1)
Total net amount under regulatory scope of 14.136.309 82.437.108 119.600 3.040 13
consolidation
Off-balance sheet amounts 6.213.849 6.213.849
Differences in valuations
Differences due to different netting rules, other than
those already included in row 2
Differences due to consideration of provisions
Differences due to prudential filters
….
Exposure amounts considered for regulatory purposes 20.350.158 88.650.957 119.600 3.040 13
Qualitative Analysis
The difference between the recorded value based on the Financial Publication Report and the credit risk framework is that in terms of the Allowance
for Impairment Losses in the credit risk framework, only CKPN Stage II and Stage III are taken into account. In addition, in the case of credit items,
differences are caused by credit which is recognized as a factor reducing core capital, namely the placement of funds in Additional Core Capital
and/or Supplementary Capital instruments at other banks.
Capital Composition
December 2023 December 2022
No. Ref. from No. Ref. from
Component
Amount in Consolidated Amount in Consolidated
Million IDR Balance Million IDR Balance
Sheet 1) Sheet 1)
CET 1: Instrument and Additional Paid-In Capital
Common shares (including stock surplus) 27.225.767 16,17 15.286.428 16,17
Retained loss (14.864.834) 19,20 (8.830.450) 19,20
Accumulated other comprehensive income (and other reserves) 1.775.376 18 1.609.016 18
Directly issued capital subject to phase out from CET1 - 3.000.000
Non-Controling Interest that can be calculated 21 - 21
CET 1 Before Regulatory Adjustment 14.136.309 11.064.994
CET 1: Regulatory Adjustment
Negative differences on adjustment of fair value on financial instrument in the trading book
Goodwill (189.482) 14 (189.482) 14
196 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 197
December 2023 December 2022
No. Ref. from No. Ref. from
Component
Amount in Consolidated Amount in Consolidated
Million IDR Balance Million IDR Balance
Sheet 1) Sheet 1)
Other intangibles other than mortgage-servicing rights (96.103) 14 (12.512) 14
Deferred tax assets arising from future profitabbility
Cash-flow hedge reserve
Shortfall on provisions to expected losses
Securitization gain on sale
Gains and losses due to changes in own credit risk on fair valued liabilities
Defined-benefit pension fund net assets
Investments in own shares (if not already netted off paid-in capital on
reported balance sheet)
Reciprocal cross-holdings in common equity
Investments in the capital of Banking, financial and insurance entities 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))
Significant investments in the common stock of Banking, financial and
insurance entities that are outside the scope of regulatory consolidation,
net of eligible short positions (amount above 10% threshold)
Mortgage servicing rights
Deferred tax assets arising from temporary differences (amount above
10% threshold, net of related tax liability)
Amount exceeding the 15% threshold from:
significant investments in the common stock of financials
Mortgage servicing rights
Deferred tax assets arising from temporary differences
National specific regulatory adjustments
Difference between PPKA and CKPN (254.447) (1.459.545)
Non productive PPKA (1.112.664) (711.000)
Deferred tax assest (2.670.542) 17 (1.942.151) 17
Inclusion (15) 11 (15) 11
Shortfall in capital of affiliates engaged in insurance
Securitization exposure
Others
Regulatory adjustments applied to CET 1 due to insufficient Additional
Tier 1 and Tier 2 to cover deductions
Total regulatory adjustments to Common equity Tier 1 (4.323.253) (4.314.705)
Total Common Equity Tier 1 capital (CET1) after deduction factor 9.813.056 6.750.289
Additional Tier 1 capital: instruments - -
Directly issued qualifying Additional Tier 1 instruments plus related stock - -
surplus -
of which: classified as equity under applicable accounting standards - -
of which: classified as liabilities under applicable accounting standards - -
Directly issued capital instruments subject to phase out from Additional -
Tier 1 -
PT Bank KB Bukopin Tbk Annual Report 2023 197
Page 198
Management Analysis and Discussion of Company Performance
December 2023 December 2022
No. Ref. from No. Ref. from
Component
Amount in Consolidated Amount in Consolidated
Million IDR Balance Million IDR Balance
Sheet 1) Sheet 1)
Additional Tier 1 instruments issued by subsidiaries and recognized in -
consolidated CAR
of which: instruments issued by subsidiaries subject to phase out -
Additional Tier 1 capital before regulatory adjustments - -
Additional Tier 1 capital: regulatory adjustments
Investments in own Additional Tier 1 instruments -
Reciprocal cross-holdings in Additional Tier 1 instruments -
Investments in the capital of Banking, financial and insurance entities 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)
Significant investments in the capital of Banking, financial and insurance -
entities that are outside the scope of regulatory consolidation (net of
eligible short positions
National specific regulatory adjustments -
Placement of funds in AT1 instrument with other banks -
Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier -
2 to cover deductions
Total regulatory adjustments to Additional Tier 1 capital - -
Additional Tier 1 capital (AT1) - -
Tier 1 capital (T1 = CET 1 + AT 1) 9.813.056 6.750.289
Tier 2 capital: instruments and provisions
Directly issued qualifying Tier 2 instruments plus related stock surplus
Directly issued capital instruments subject to phase out from Tier 2 3.848.018 4.234.609
Tier 2 instruments issued by subsidiaries and allowed consolidated CAR -
of which: instruments issued by subsidiaries subject to phase out - -
PPKA general reserves for productive assets that must be calculated with 544.055 554.076
a maximum amount of 1.25% of RWA for Credit Risk
Tier 2 capital before regulatory adjustments 4.392.073 4.788.685
Tier 2 capital: regulatory adjustments
Investments in own Tier 2 instruments -
Reciprocal cross-holdings in Additional Tier 2 instruments of other entity - -
Investments in the other TLAC liabilities of banking, financial and
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)
Investments in the other TLAC liabilities of banking, financial and -
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)
198 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 199
December 2023 December 2022
No. Ref. from No. Ref. from
Component
Amount in Consolidated Amount in Consolidated
Million IDR Balance Million IDR Balance
Sheet 1) Sheet 1)
Significant investments in the capital and other TLAC liabilities of banking, -
financial and insurance entities that are outside the scope of regulatory
consolidation (net of eligible short positions)
National specific regulatory adjustments -
Sinking fund -
Placement of funds in Tier 2 instruments with other banks -
Total regulatory adjustments to Tier 2 capital - -
Tier 2 capital (T2) after regulatory adjustment 4.392.073 4.788.685
Total capital (Tier 1 + Tier 2 Capital) 14.205.129 11.538.974
Total risk weighted assets 50.831.470 59.032.316
Minimum Capital Adequacy Ratio (KPMM) and Additional Capital (Capital Buffer)
Common Equity Tier 1 (as a percentage of risk weighted assets) 19,31% 11,40%
Tier 1 (as a percentage of risk weighted assets) 19,31% 11,40%
Total capital (as a percentage of risk weighted assets) 27,95% 19,49%
Buffer (as a percentage of risk weighted assets)
Capital Conservation Buffer -
Countercyclical Buffer -
Higher loss absorbency requirement - -
For conventional commercial banks: available Common Equity Tier 1 (CET
1) to fulfill Additional Capital (Buffer) - percentage of RWA.
For branch offices of the Bank domiciling abroad: The portion of Business
Funds placed in CEMA (expressed as a percentage of RWA) available to
fulfill the Buffer.
National minimal (if different from Basel 3)
National Common Equity Tier 1 minimum ratio
National Tier 1 minimum ratio
National total capital minimum ratio
Amounts below the thresholds for deduction (before risk weighting)
Non-significant investments in the capital and other TLAC liabilities of
other financial entities
Significant investments in the common stock of financial entities
Mortgage servicing rights (net of related tax liability)
Deferred tax assets arising from temporary differences (net of related tax
liability)
Applicable caps on the inclusion of provisions in Tier 2
Provisions eligible for inclusion in Tier 2 in respect of exposures subject to
standardised approach (prior to application of cap)
PT Bank KB Bukopin Tbk Annual Report 2023 199
Page 200
Management Analysis and Discussion of Company Performance
December 2023 December 2022
No. Ref. from No. Ref. from
Component
Amount in Consolidated Amount in Consolidated
Million IDR Balance Million IDR Balance
Sheet 1) Sheet 1)
Cap on inclusion of provisions in Tier 2 under standardised approach
Provisions eligible for inclusion in Tier 2 in respect of exposures subject to
internal ratings-based approach (prior to application of cap)
Cap for inclusion of provisions in Tier 2 under internal ratings-based
approach
Capital instruments subject to phase-out arrangements (only
applicable between 1 Jan 2018 and 1 Jan 2022)
Current cap on CET1 instruments subject to phase out arrangements
Amount excluded from CET1 due to cap (excess over cap after
redemptions and maturities)
Current cap on AT1 instruments subject to phase out arrangements
Amount excluded from AT1 due to cap (excess over cap after
redemptions
and maturities)
Current cap on T2 instruments subject to phase out arrangements
Amount excluded from T2 due to cap (excess over cap after
redemptions and maturities)
Rekonsiliasi Permodalan
Consolidated Consolidated
Balance Sheet Balance Sheet
with with
Published
Published Balance Consolidation Consolidation
Balance
Sheets Scope Scope
No Accounts Sheets
based on based on
Prudential Prudential
Requirements Requirements
December 31, December 31, December 31, December 31,
2023 2023 2023 2023
ASSETS
1 Cash 254.501 289.184 490.328 524.320
2 Placements with Bank Indonesia 3.394.382 4.929.237 14.589.945 15.585.586
3 Interbank placements 367.341 752.531 1.002.409 1.479.645
4 Spot and derivative receivables 3.040 3.040 9.254 9.254
5 Securities 17.608.966 17.536.249 12.113.487 12.009.954
6 Securities sold under repurchase agreements (repo) - - - -
7 Receivables on securities purchased under agreement 2.572.152 2.572.152 - -
to re-sell (reverse repo)
8 Acceptance receivables 132.577 132.577 17.346 17.346
9 Loans 44.183.228 43.786.828 45.984.992 46.030.876
10 Sharia financing 1) - 5.631.788 - 4.552.558
11 Equity Investment 2.206.951 15 926.386 15
12 Other financial assets 715.645 743.858 770.789 797.153
13 Allowance for impairment in value of financial assets
a. Marketable securities (109) (109) (76) (76)
b. Loans and Sharia financing (3.353.299) (3.582.834) (1.419.124) (1.626.676)
c. Others (1.613) (1.613) (211) (211)
14 Intangible assets 338.304 635.815 187.538 485.049
Accumulated amortization of intangible assets (243.063) (350.230) (176.339) (283.055)
200 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 201
Consolidated Consolidated
Balance Sheet Balance Sheet
with with
Published
Published Balance Consolidation Consolidation
Balance
Sheets Scope Scope
No Accounts Sheets
based on based on
Prudential Prudential
Requirements Requirements
December 31, December 31, December 31, December 31,
2023 2023 2023 2023
15 Fixed assets and inventories 4.322.260 4.646.734 4.360.811 4.686.955
Accumulated depreciation of fixed assets and (1.300.473) (1.413.059) (1.185.651) (1.290.753)
inventories
16 Non-productive assest -
a. Abandoned properties 22.395 22.395 - -
b. Foreclosed collaterals 2.370.014 2.503.459 2.715.389 2.858.081
c. Suspended accounts - - - -
d. Inter-branch assets - - - -
17 Other Assets 5.249.395 5.473.166 4.316.467 4.159.331
TOTAL ASSETS 78.842.594 84.307.300 84.703.740 89.995.352
LIABILITIES AND EQUITY
1 Current account 2.733.688 3.177.648 3.198.511 3.577.927
2 Saving accounts 6.395.495 6.873.184 6.484.175 6.955.784
3 Time deposits 29.907.451 34.738.311 37.013.364 41.428.659
4 Electronic money - - - -
5 Liabilities to Bank Indonesia - - - -
6 Liabilities to other banks 7.761.176 7.886.721 10.374.005 10.381.375
7 Spot and derivative liabilities/forward 808 808 12.259 12.259
8 Payables on securities sold under agreement to - 219.631 - -
repurchase (repo)
9 Acceptances Liabilities 132.577 132.577 17.346 17.346
10 Issued securities 3.397.588 3.397.588 3.392.717 3.392.718
11 Borrowings 11.654.712 11.704.492 11.132.586 11.200.131
12 Security deposits 15.531 30.830 23.105 40.170
13 Inter-branch liabilities - - - -
14 Other liabilities 2.080.847 2.035.347 1.729.708 1.772.378
15 Minority interest - -26.146 - -4.828
TOTAL LIABILITIES 64.079.873 70.170.991 73.377.776 78.773.919
16 Paid-up capital
a. Authorized capital 21.000.000 21.000.000 13.000.000 13.000.000
b. Unpaid capital -/- (2.000.000) -2.000.000 (6.000.000) (6.000.000)
c. Shares repurchased (treasury stock) -/- - - - -
17 Additional paid-in capital
a. Agio 8.225.767 8.225.767 8.286.428 8.286.428
b. Disagio -/- - - -
c. Donated capital - - - -
d. Capital deposit funds - - 3.000.000 3.000.000
e. Other - - - -
18 Other Comprehensive Income
PT Bank KB Bukopin Tbk Annual Report 2023 201
Page 202
Management Analysis and Discussion of Company Performance
Consolidated Consolidated
Balance Sheet Balance Sheet
with with
Published
Published Balance Consolidation Consolidation
Balance
Sheets Scope Scope
No Accounts Sheets
based on based on
Prudential Prudential
Requirements Requirements
December 31, December 31, December 31, December 31,
2023 2023 2023 2023
a. Profit 1.709.915 1.775.069 1.701.716 1.765.455
b. Loss - - - -
19 Reserve -
a. General reserves - - - -
b. Destination Reserve - - - -
20 Profit and loss -
a. Past years (8.662.180) -8.830.450 -3.692.200 -3.802.989
b. Current year (5.510.781) -6.034.077 (4.969.980) (5.027.461)
c. Dividends paid -/- - - -
TOTAL EQUITY ATTRIBUTABLE TO OWNERS 14.762.721 14.136.309 11.325.964 11.221.433
21 Non-controlling Interest
TOTAL EQUITY 14.762.721 14.136.309 11.325.964 11.221.433
TOTAL LIABILITIES AND EQUITY 78.842.594 84.307.300 84.703.740 89.995.352
Main Feature of Bank Capital
December 2023
Continuous Kookmin
Continuous Continuous
Subordinated Bank Hong
Subordinated Subordinated
Indonesia Common Stock Bond III Phase I Kong Branch
Bonds II Phase Bond III Phase I
Year 2021 Series Subordinated
II 2017 Year 2021 Series
B Loan
A
1 Issuer PT Bank KB Bukopin PT Bank KB Bukopin PT Bank KB Bukopin PT Bank KB Bukopin PT Bank KB Bukopin
Tbk Tbk Tbk Tbk Tbk
2 Identification ID1000103609 IDA000078703 IDA0001176A9 IDA0001176B7
Number
3 Applicable Law Indonesian Law Indonesian Law Indonesian Law Indonesian Law UK Law
3a Means that enable
the achievement of
implementation of
obligations on
Section 13 of the
TLAC Term Sheet
(for other valid TLAC
instruments
governed by foreign
law)
Instrument
treatment
based on CAR
4 During the transition N/A N/A N/A N/A N/A
period
5 After transition CET 1 Tier 2 Tier 2 Tier 2 Tier 2
202 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 203
December 2022
Continuous Continuous
Continuous
Subordinated Subordinated Kookmin Bank
Subordinated
Common Stock Bond III Phase I Bond III Phase I Hong Kong Branch
Bonds II Phase
Year 2021 Series Year 2021 Series Subordinated Loan
II 2017
A B
PT Bank KB Bukopin Tbk PT Bank KB Bukopin Tbk PT Bank KB Bukopin Tbk PT Bank KB Bukopin Tbk PT Bank KB Bukopin Tbk
ID1000103609 IDA000078703 IDA0001176A9 IDA0001176B7
Indonesian Law Indonesian Law Indonesian Law Indonesian Law UK Law
N/A N/A N/A N/A N/A
CET 1 Tier 2 Tier 2 Tier 2 Tier 2
PT Bank KB Bukopin Tbk Annual Report 2023 203
Page 204
Management Analysis and Discussion of Company Performance
December 2023
Continuous Kookmin
Continuous Continuous
Subordinated Bank Hong
Subordinated Subordinated
Indonesia Common Stock Bond III Phase I Kong Branch
Bonds II Phase Bond III Phase I
Year 2021 Series Subordinated
II 2017 Year 2021 Series
B Loan
A
6 Is the instrument Individual Individual Individual Individual Individual
eligible for Solo/
Group or Group and
Solo
7 Type of instrument Common Stock Subordinated Subordinated Subordinated Subordinated Loans
Marketable Marketable Marketable
Securities Securities Securities
8 KPMM 19.000.000 327.833 231.000 685.000 3.000.000
Amount recognized
in CAR
9 Par value of 19.000.000 1.405.000 315.000 685.000 3.000.000
instrument
10 Accounting Equity Liability Liability Liability Liability
classification
11 Issue date 10/07/2006 28/02/2017 10/09/2021 10/09/2021 June 30, 2022
12 No due date Perpetual With due date With due date With due date With due date
(perpetual) or with
due date
13 Due date No due date 28/02/2024 09/09/2026 09/09/2028 June 29, 2029
14 Execution of No No No No No
a call option on
the approval of
the Financial
Services Authority
(OJK)
15 Call option N/A N/A N/A N/A N/A
date, amount of
withdrawal and other
requirements of call
option (if any)
16 Subsequent call N/A N/A N/A N/A N/A
option
Subsequent call
option
Coupon/ dividend
17 atau floating Fixed N/A Fixed Fixed Fixed Fixed
or floating coupon/
dividend
18 The coupon rate N/A 11% pa 8% pa 8,9% pa 8.52% pa
or other reference
index
19 Whether or not No N/A N/A N/A N/A
dividend stopper
available
20 Fully discretionary; Mandatory Mandatory Mandatory Mandatory N/A
partial or mandatory
21 Is there any step N/A N/A N/A N/A N/A
up feature or other
incentive
22 Noncumulative or Noncumulative Cumulative Cumulative Cumulative
cumulative
23 Convertible or Cannot be Cannot be Cannot be Cannot be Convertible to
nonconvertible converted converted converted converted Common Stock
204 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 205
December 2022
Continuous Continuous
Continuous
Subordinated Subordinated Kookmin Bank
Subordinated
Common Stock Bond III Phase I Bond III Phase I Hong Kong Branch
Bonds II Phase
Year 2021 Series Year 2021 Series Subordinated Loan
II 2017
A B
Individual Individual Individual Individual Individual
Common Stock Subordinated Marketable Subordinated Marketable Subordinated Marketable Subordinated Loans
Securities Securities Securities
19.000.000 327.833 231.000 685.000 3.000.000
19.000.000 1.405.000 315.000 685.000 3.000.000
Equity Liability Liability Liability Liability
10/07/2006 28/02/2017 10/09/2021 10/09/2021 June 30, 2022
Perpetual With due date With due date With due date With due date
No due date 28/02/2024 09/09/2026 09/09/2028 June 29, 2029
No No No No No
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
N/A Fixed Fixed Fixed Fixed
N/A 11% pa 8% pa 8,9% pa 8.52% pa
No N/A N/A N/A N/A
Mandatory Mandatory Mandatory Mandatory N/A
N/A N/A N/A N/A N/A
Noncumulative Cumulative Cumulative Cumulative
Cannot be Cannot be Cannot be Cannot be Convertible to Common
converted converted converted converted Stock
PT Bank KB Bukopin Tbk Annual Report 2023 205
Page 206
Management Analysis and Discussion of Company Performance
December 2023
Continuous Kookmin
Continuous Continuous
Subordinated Bank Hong
Subordinated Subordinated
Indonesia Common Stock Bond III Phase I Kong Branch
Bonds II Phase Bond III Phase I
Year 2021 Series Subordinated
II 2017 Year 2021 Series
B Loan
A
24 If convertible, what is N/A N/A N/A N/A Possible to convert
the trigger point into ordinary shares
in the event that
Bank KB Bukopin
has the potential to
disrupt its business
continuity (point
of non viability)
referring to OJK
Circular Letter No.
20/SEOJK.03/2016
25 If convertible, N/A N/A N/A N/A
whether full or (ii) the possibility of
partial being converted in
full or in part
26 If convertible, what is N/A N/A N/A N/A Conversion Formula:
the conversion rate a. the average
closing price on
the IDX regular
market of ordinary
shares during the
twenty-five (25) IDX
trading day period
immediately before
the date on which
the application
for listing the
Convertible Shares
is submitted to the
IDX; or,
b. if the conversion
is carried out
to improve the
financial position
in accordance with
POJK 32/2015, the
fair market price of
the ordinary shares
will be determined
by a third party
appraiser registered
with the OJK who
will be appointed
based on a mutual
agreement between
Bukopin & KBHK
27 If convertible, N/A N/A N/A N/A Mandatory, if a
mandatory or trigger event occurs
optional
28 If convertible, what N/A N/A N/A N/A It Converts into
is the instrument Common Shares
conversion type
29 If convertible, N/A N/A N/A N/A It Converts into
mention the issuer Common Shares
of the instrument it
converts into
30 Write-down feature N/A Yes Yes Yes No
206 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 207
December 2022
Continuous Continuous
Continuous
Subordinated Subordinated Kookmin Bank
Subordinated
Common Stock Bond III Phase I Bond III Phase I Hong Kong Branch
Bonds II Phase
Year 2021 Series Year 2021 Series Subordinated Loan
II 2017
A B
N/A N/A N/A N/A Possible to convert
into ordinary shares in
the event that Bank KB
Bukopin has the potential
to disrupt its business
continuity (point of non
viability) referring to OJK
Circular Letter No. 20/
SEOJK.03/2016
N/A N/A N/A N/A (ii) the possibility of being
converted in full or in part
N/A N/A N/A N/A Conversion Formula:
a. the average closing
price on the IDX regular
market of ordinary shares
during the twenty-five
(25) IDX trading day
period immediately before
the date on which the
application for listing the
Convertible Shares is
submitted to the IDX; or,
b. if the conversion is
carried out to improve
the financial position in
accordance with POJK
32/2015, the fair market
price of the ordinary
shares will be determined
by a third party appraiser
registered with the OJK
who will be appointed
based on a mutual
agreement between
Bukopin & KBHK
N/A N/A N/A N/A Mandatory, if a trigger
event occurs
N/A N/A N/A N/A It Converts into Common
Shares
N/A N/A N/A N/A It Converts into Common
Shares
N/A Yes Yes Yes No
PT Bank KB Bukopin Tbk Annual Report 2023 207
Page 208
Management Analysis and Discussion of Company Performance
December 2023
Continuous Kookmin
Continuous Continuous
Subordinated Bank Hong
Subordinated Subordinated
Indonesia Common Stock Bond III Phase I Kong Branch
Bonds II Phase Bond III Phase I
Year 2021 Series Subordinated
II 2017 Year 2021 Series
B Loan
A
31 trigger-nya N/A Subordinated Subordinated Subordinated N/A
If write-down; what bonds can bonds can bonds can
is the trigger be written be written be written
down without down without down without
compensation compensation compensation
if the OJK if the OJK if the OJK
determines that determines that determines that
the company has the company has the company has
the potential the potential the potential
to be disturbed to be disturbed to be disturbed
by its business by its business by its business
continuity (point continuity (point continuity (point
of non-viability) in of non-viability) in of non-viability) in
accordance with accordance with accordance with
the provisions of the provisions of the provisions of
Article 19 of the Article 19 of the Article 19 of the
regulation of the regulation of the regulation of the
financial services financial services financial services
authority no. 34 / authority no. 34 / authority no. 34 /
POJK.03 / 2016 POJK.03 / 2016 POJK.03 / 2016
32 If write-down; N/A N/A N/A N/A N/A
whether full or partial
33 If write-down, is N/A N/A N/A N/A N/A
it permanent or
Temporary
34 If temporary N/A N/A N/A N/A N/A
writedown, Explain
write-up mechanism
34a Type of N/A Junior Bond Junior Bond Junior Bond Subordinated Loans
subordination
35 Hierarchy of At the time The rights of the The rights of the The rights of the Ranks at least pari
instruments at the of liquidation, Subordinated Subordinated Subordinated passu in payment
time of liquidation shareholders Bondholders are Bondholders are Bondholders are priority and in all
will only get a paripassu without paripassu without paripassu without other respects with
return on their preferential rights preferential rights preferential rights all unsecured and
investment if the other subordinated
Company has paid debts of Bank KB
its obligations to Bukopin except
creditors and the those that take
Company’s assets precedence by law
are still remaining.
36 Are there features N/A N/A N/A N/A N/A
that are
noncompliant
37 If yes, explain for N/A N/A N/A N/A N/A
noncompliant
features
208 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 209
December 2022
Continuous Continuous
Continuous
Subordinated Subordinated Kookmin Bank
Subordinated
Common Stock Bond III Phase I Bond III Phase I Hong Kong Branch
Bonds II Phase
Year 2021 Series Year 2021 Series Subordinated Loan
II 2017
A B
N/A Subordinated Subordinated Subordinated N/A
bonds can bonds can bonds can
be written be written be written
down without down without down without
compensation compensation compensation
if the OJK if the OJK if the OJK
determines that determines that determines that
the company has the company has the company has
the potential the potential the potential
to be disturbed to be disturbed to be disturbed
by its business by its business by its business
continuity (point continuity (point continuity (point
of non-viability) in of non-viability) in of non-viability) in
accordance with accordance with accordance with
the provisions of the provisions of the provisions of
Article 19 of the Article 19 of the Article 19 of the
regulation of the regulation of the regulation of the
financial services financial services financial services
authority no. 34 / authority no. 34 / authority no. 34 /
POJK.03 / 2016 POJK.03 / 2016 POJK.03 / 2016
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
N/A Junior Bond Junior Bond Junior Bond Subordinated Loans
At the time The rights of the The rights of the The rights of the Ranks at least pari passu
of liquidation, Subordinated Subordinated Subordinated in payment priority and
shareholders Bondholders are Bondholders are Bondholders are in all other respects with
will only get a paripassu without paripassu without paripassu without all unsecured and other
return on their preferential rights preferential rights preferential rights subordinated debts of
investment if the Bank KB Bukopin except
Company has paid those that take precedence
its obligations to by law
creditors and the
Company’s assets
are still remaining.
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
PT Bank KB Bukopin Tbk Annual Report 2023 209
Page 210
Management Analysis and Discussion of Company Performance
BANK CAPITAL STRUCTURE AND
APPLICATION OF RISK MANAGEMENT
CAPITAL
Capital Policy
Implementation of capital plans, namely:
1. Maintain a minimum capital adequacy ratio above 16.5%, and ensure the minimum capital level is the same as the provisions
of the Financial Services Authority (OJK) to support the company’s business development and maintain the composition of
Tier 1 and Tier 2 capital in accordance with Basel III provisions.
2. Capital management policy:
a. Utilize capital efficiently for business growth, especially new financing and future investment (New Generation Banking
System, Outlet Development, etc.)
b. Reserves for credit losses for efforts to settle non-performing loans will come from revenue generation from Turn-around
efforts (own profits)
c. management of ATMR and capital charges (management of capital reduction factors through collateral cracking) as well
as settlement of non-performing loans and AYDA
IMPLEMENTATION OF RISK MANAGEMENT
Risk Management is an important part of banking activities and decision-making processes in an effort to achieve business
goals. Implementation of the risk management function includes matters related to efforts to identify, assess, measure, evaluate,
monitor and control risks including the development of technology and management information systems for each type of risk,
as well as improving the quality of human resources in risk management.
The implementation of risk management is carried out actively with the aim of maximizing added value for shareholders,
managing capital comprehensively, and ensuring profitability and sustainable business growth. The implementation of Bank
KB Bukopin’s (“Bank”) Risk Management is based on national and international regulations, which include Financial Services
Authority Regulations (POJK), Financial Services Authority Circular Letters (SEOJK), Financial Accounting Standards Statements
(PSAK), Basel Committee on Banking documents Supervision (BCBS) and International Financial Reporting Standards (IFRS) 9.
Risk management is the responsibility of every employee within the Bank. The Bank continues to strengthen risk management
practices to support strategic objectives. The Bank aims to instill risk management as a culture to support sustainable, trustworthy
and healthy business growth. In moving towards transformational change and improving the risk management process to be
better and more effective, the Bank will focus on 4 stages of risk management improvement initiatives which include:
1. Determination of the basis/foundation;
2. Improve understanding;
3. Proper execution;
4. Adequate monitoring and control.
Active Supervision of the Board of Directors and Board of Commissioners
The implementation of Risk Management at KB Bank involves active supervision and supervision from the Board of Directors
and Board of Commissioners of KB Bank as well as the Sharia Supervisory Board (Bank KB Bukopin Syariah). Realizing the
strategic role of the three, Bank KB Bukopin has determined the division of supervisory duties between each party as follows:
210 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 211
Active Monitoring Function
Board of Commissioner Sharia Supervisory Board Board of Directors
The Board of Directors has full authority and
The Board of Commissioners is tasked with carrying responsibility for managing the company in the
out general and/or specific supervision in accordance Sharia Supervisory Board at the interests of the company, in accordance with
with the Company's Articles of Association and Subsidiary Company of Bank KB Bukopin the company's aims and objectives, as well as
applicable laws and regulations as well as providing Syariah. representing the company, both inside and outside
recommendation direction to the Board of Directors. the court in accordance with the company's Articles
of Association and applicable laws and regulations.
1. Develop written and comprehensive risk
management policies, strategies and
frameworks, and be responsible for their
implementation and risk exposure taken by the
Bank as a whole.
2. Periodically review the risk assessment
methodology, implementation of the risk
management information system, risk
management policies and procedures and
determination of risk limits.
3. Follow up and submit accountability reports
1. Act as an advisor and provide
to the Board of Commissioners periodically
recommendations to the Board
regarding developments and material risk
of Directors and Sharia business
issues.
management (officials related
4. Approve business activities that require
1. Approve policies, strategies and risk to the implementation of Sharia
approval from the Board of Directors.
management frameworks that are appropriate business) regarding matters
5. Develop a risk management culture at all levels
to the level of Risk Appetite and Risk Tolerance related to Sharia principles.
of the organization.
and carry out regular evaluations. 2. Coordinate with the National Sharia
6. Monitor the quality of risks compared to the
2. Monitor risks and evaluate the responsibility of Council to discuss the Bank's
applicable reasonableness level.
the Board of Directors for the implementation proposals and recommendations
7. Ensure that management applies a prudent
of risk management policies and strategies as for product and service
approach in developing their business.
well as risk exposure through regular reviews developments that require review
8. Determine Risk Appetite and Risk Tolerance.
with the Board of Directors. and decisions from the National
9. Ensure corrective steps for findings reported
3. Approve business activities that require Sharia Council.
by SKAI.
approval from the Board of Commissioners. 3. Evaluate Risk Management Policies
10. Increase awareness and anti-fraud culture at
4. Approve policies that require approval from the related to compliance with Sharia
all levels of the company organization.
Board of Commissioners as required by BI/OJK Principles.
11. Ensure that the risk management function
provisions or other external regulations. 4. Evaluate the responsibility
operates independently.
of the Board of Directors for
12. Ensure the effectiveness of management
the implementation of Risk
and increase the competency of human
Management Policies related to
resources related to the implementation of risk
compliance with Sharia Principles.
management, including through continuous
education and training programs, especially
those related to risk management systems and
processes.
13. Place competent officials in work units
according to their nature, number and
complexity.
14. Develop and put in place a mechanism for
approving transactions, including those that
exceed the limits of authority for each level of
position
PT Bank KB Bukopin Tbk Annual Report 2023 211
Page 212
Management Analysis and Discussion of Company Performance
Risk Management Policies, Procedures and Limit 2. Risk Management Committee
Determination It is a risk committee at the Board of Directors level which
Adequate formulation of policies, procedures and limit has the authority and responsibility to evaluate and provide
determination are available and in line with the Bank’s overall recommendations to the President Director regarding the
targets, strategies and business. preparation of strategies, policies and risk management
frameworks, as well as changes thereto, ensuring good
The Bank has a Risk Management Policy which is in line with corporate governance in the implementation of overall
Regulatory Regulations regarding the implementation of risk risk management, evaluating risk issues. implementation
management for Commercial Banks. This policy is used as an of risk management processes and improvements in
umbrella document in implementing the management of all line with external and internal changes that can affect
risks at the Bank and is reviewed periodically. The policy was capital adequacy risks and risk profiles to ensure that
then revealed to be: risk management processes, systems and tools are in
1. Other Bank Risk Management Policies covering credit, accordance with organizational developments and business
market and liquidity, operational, strategic, legal, compliance plans.
and reputation risks.
2. Risk Appetite Statement Policy for Bankwide and Risk 3. Risk Management Work Unit
Taking Units. The Risk Management Division is a Bank Risk Management
3. Other policies and guidelines related to the implementation Work Unit that is independent of business groups,
of risk management. operational groups, and other supporting groups/divisions/
departments (risk taking units) and work units that carry out
Adequacy of the Risk Management Information internal control functions. This division consists of several
System departments, namely the Enterprise Risk Management
The Risk Management Information System in terms of Department, the Operational & IT Risk Management
data management related to risk management has been Department, and the Credit Risk Management Department.
supported by several internal applications including: Financial
Conglomeration Information System (SIKK), Risk Control Self The authority and responsibilities of the Risk Management
Assessment (RCSA), Loss Event Database (LED), Microfinance Work Unit include developing and periodically reviewing
Information System (SIKM), SME Credit Tools (SCT). overall risk management strategies and frameworks
including risk management policies, procedures and
Apart from that, the Bank also uses regulatory platforms processes, Monitoring the implementation of risk
(Antasena, Sipena, Apolo, and OJK Box) in terms of reporting management strategies, frameworks and policies
including Risk Profile, RWA, Cash Flow, and other reports. recommended by the Risk Management Committee and
approved. by the Board of Directors and Prepare and submit
Organizational Structure of Risk Management risk profile reports to the Director of Compliance & Risk
The risk management organizational structure consists of Management, President Director and Risk Management
several risk committees, Risk management work units at KB Committee on a regular basis.
Bank and Subsidiaries and other related work units with various
levels of responsibility. Risk Management Process and Risk Management
Information System
1. Risk Monitoring Committee With the aim of improving risk management capabilities in
The Risk Monitoring Committee is a risk committee at the carrying out effective identification, measurement, control
Board of Commissioners level. Its main role is to monitor, and monitoring, it is necessary to develop a risk management
evaluate, understand and provide recommendations to the system that is integrated into the Bank’s Internal System. This
Board of Commissioners in relation to providing supervision can especially support faster, more accurate and more reliable
in risk management practices, evaluating risk management risk management analysis, thereby supporting a more prudent
policies and their implementation, providing independent bank strategy and business direction.
professional opinions to the Board of Commissioners and
recommending to the Board of Directors actions that can be KB Bank regularly carries out the process of identifying,
considered to strengthen the framework. risk management, measuring, monitoring and controlling all risks faced both
monitoring and evaluating the implementation of the individually and consolidated with Subsidiary Companies. This
duties of the Risk Management Committee and the risk process is stated in the work policies and guidelines in each
management work unit to provide recommendations to the work unit at KB Bank and Subsidiary Companies. An overview
Board of Commissioners and review all risk management of the risk management process is as follows:
policies and internal policies that require approval from the
Board of Commissioners.
212 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 213
Identifikasi Risiko Pengukuran Risiko
Proses identifikasi Risiko dapat Dalam melaksanakan proses
didasarkan pada pengalaman pengukuran risiko, bank wajib
kerugian Bank yang pernah terjadi. melakukan paling sedikit
Dalam melaksanakan proses evaluasi secara berkala terhadap
tersebut bank wajib melakukan kesesuaian asumsi, sumber data,
analisis paling sedikit terhadap 01 02 dan prosedur yang digunakan.
karakteristik risiko yang melekat Dilakukan juga penyempurnaan
pada bank dan risiko dari produk sistem pengukuran Risiko, dalam
kegiatan bank. hal terdapat perubahan kegiatan
usaha Bank, produk, transaksi, dan
PROSES faktor risiko yang bersifat material.
MANAJEMEN
RISIKO
Pengendalian Risiko Pemantauan Risiko
Pengendalian risiko bertujuan Dalam melaksanakan pemantauan
untuk mengelola Risiko tertentu risiko, bak wajib melakukan paling
yang dapat membahayakan 04 03 sedikit, evaluasi terhadap eksposur
kelangsungan usaha Bank. Hal risiko, serta penyempurnaan
tersebut dapat dilakukan dengan proses pelaporan dalam hal
cara lindung nilai, mitigasi risiko, terdapat perubahan kegiatan
dan penambahan modal untuk usaha, produk, transaksi, faktor
menyerap potensi kerugian. Risiko, teknologi informasi, dan
sistem informasi Manajemen Risiko
Bank yang bersifat material.
Internal Control
KB Bank’s Internal Control System refers to the Three Lines of The Bank’s Risk management strategy has been prepared for
Defense concept. As part of the self-assessment process of long-term objectives, to ensure that the Bank can achieve
the Bank’s Risk Profile, the assessment of the Quality of Risk business continuity, the expected capital adequacy, and it is
Management Implementation, especially regarding the Risk Control hoped that this overall strategy can control the risks faced
System, is carried out by taking into account the implementation by the Bank. Risk management strategies are prepared by
of the internal control system and the results of the review by SKAI considering economic development factors, adequacy of human
in the form of SKAI audit results on all aspects and elements of resources, infrastructure, financial conditions, and others.
the Bank’s activities and risks identification on the SKAI inspection
results as well as the implementation of reviews and evaluations Risk Governance Structure
by the Risk Management Work Unit. The risk management framework and governance at KB Bank is
reflected in a risk management organization that is in line with
Determination of Risk Profile Models and Interactions business objectives and policies, size and complexity, and the
In accordance with the implementation of risk management, the Bank’s capabilities. In all work units, the organizational structure
Bank’s business model is determined in accordance with the is accompanied by clarity of duties and responsibilities, both in
Bank’s risk profile which describes the risks related to the Bank’s general and related to the implementation of risk management.
business and functional activities. Risks that should be considered
include economic projections, business growth, risk appetite and KB Bank implements effective risk management practices in
targets set in accordance with those stated in the Bank Business all work units by implementing the Three Lines of Defense
Plan (RBB). Determining the business model and interacting risk approach in accordance with the Organizational Structure of
profiles cannot be separated from the Bank’s Vision and Mission. PT Bank KB Bukopin Tbk. The devices or units involved in Credit
Risk management have been adjusted and divided according
In order to provide a comprehensive and sustainable picture of to the Three Lines of Defense principle. The Risk Taking Unit,
risk, the bank evaluates the implementation of risk management in in this case business and support, includes the credit team as
each of the Bank’s business activities. If the implementation of risk the 1st Line of Defense, Risk Group and Compliance as the 2nd
management is not effective, the bank will immediately improve Line of Defense, and Internal Audit as the 3rd Line of Defense,
the controls that have been determined so that the objectives reflected in the organizational structure and authority of each
can be achieved. To maintain a tolerable level of risk, the Bank of these functions , and has been listed in the job description
determines and reviews the risk appetite in accordance with the for each function.
Bank’s capabilities. The Bank has two types of risk appetite that
will be taken in order to achieve targets, including Risk Appetite Risk Management Communication Media
Group and Risk Appetite Management. The Risk Appetite Group In its strategy to develop risk awareness and knowledge, the
includes a number of main risk metrics which will help to determine Company designed a series of diverse learning initiatives. This
and measure the maximum possible risk that can be taken by the includes training programs to equalize employee competency in
Bank, where this is monitored by the commissioners and board risk management, knowledge testing through periodic quizzes,
of directors. Meanwhile, Risk Appetite Management is a risk that as well as support for certifications relevant to risk management.
can be taken by the Bank but is not yet listed in the Risk Appetite In addition, to disseminate general information about risks,
Group and is monitored up to the Board of Directors level. these materials are distributed through the Company’s internal
channels such as Bukopin Office Communication. In this way,
PT Bank KB Bukopin Tbk Annual Report 2023 213
Page 214
Management Analysis and Discussion of Company Performance
the Company ensures that employees continue to increase their The Bank also conducts stress tests for market risk in order to
understanding of risk and the importance of risk management anticipate the worst situation in times of stress. The stress test
in the Company’s operations. is carried out using the maximum exposure limit of the exchange
rate or interest rate that has an impact on market risk exposure
Risk Measurement System including the Net Open Position (NOP) and securities. The
Risk measurement at the Bank is aligned with the characteristics main purpose of the stress test is to evaluate the capacity of
and complexity of ongoing business activities. Accuracy in risk the bank’s capital to absorb potential large losses and to identify
measurement is considered very important in this context. steps that the bank can take to reduce its risk and maintain
Risk evaluation is carried out periodically, covering products, its capital.
portfolios and all Bank activities. The risk measurement
system functions as a guideline for assessing the Bank’s risk Risk Information Reporting Process
exposure, providing a basis for implementing effective control. The risk information reporting process is submitted on a regular
Adjustments in risk measurement are made in accordance with basis, monthly in the form of a Monthly Risk Management
significant changes in the Bank’s business activities, products, Report to the Board of Directors and a Monthly Risk Oversight
transactions and related risk factors. Risk measurement Report to the Commissioners prepared by the Risk Group. The
procedures are evaluated and updated regularly, at least once report includes monitoring of risk appetite on a bankwide basis
a year, or as needed to ensure that assumptions, accuracy, and monitoring of the main risks managed by the Company.
fairness and data integrity are maintained, and that the risk In addition, the Risk Group also submits a risk profile report
measurement methods used remain relevant and in accordance covering all the main risks managed by the Company on a
with the latest industry and regulatory developments. quarterly basis. The Risk Profile Report is submitted and
evaluated by the Board of Commissioners, the Board of
Stress Test Directors, and the Risk Monitoring Committee for later reporting
The Bank conducts stress tests on a regular and ongoing basis to the regulator. The results of the evaluation of the Board of
to identify possible events or changes in economic conditions Commissioners and the Board of Directors will be followed up
in the future that may cause economic losses to the Bank. by all relevant units and the fulfillment of the recommendations
Where the main purpose of the stress test is to evaluate the given by the Board of Commissioners and the Board of Directors
capital adequacy of the bank to absorb potential large losses will be monitored periodically. The Bank ensures that all reports
that may arise and to identify steps that need to be taken to submitted always maintain openness and communication with
reduce risk and maintain capital at a safe level. In general, the key stakeholders. In addition, the Bank periodically submits
scenario in the stress test takes into account changes in several various reports regulated by the regulator, either through the
macroeconomic variables such as interest rates, inflation rates, reporting portal or direct submission to the nearest regional
Gross Domestic Product (GDP), exchange rates, and others. office. In addition, the Bank also submits a weekly report in
the Weekly Risk Report to the President Director to provide
The Bank conducts stress tests for credit, market and liquidity weekly updates on the risk parameters managed by the Bank.
risks. The credit risk stress test aims to assess the impact on
asset quality and capital adequacy in crisis conditions. In its Risk Management Strategy
implementation, the credit stress test is adjusted to changes The Bank’s risk management strategy is formulated for long-
in the decline in the business sector or economy as well as term objectives to ensure business continuity, achieve the
events in credit risk. expected capital adequacy and comprehensively control and
manage the Company’s risks. The Company’s risk management
The liquidity risk stress test aims to assess the Bank’s strategy is prepared by taking into account the factors of
ability to withstand stress conditions of various levels. In its economic development, adequacy of human resources &
implementation, the Bank conducts evaluations to ensure infrastructure, the Bank’s financial condition, diversification
compliance with the Bank’s conditions, taking into account of the Company’s portfolio, as well as the application of
(1) changes in the type, scale, and complexity of the Bank’s sustainable finance principles. The formulation of this risk
business, (2) changes in market conditions, and (3) the management strategy is in line with the overall business
experience of the Bank in crisis conditions. strategy by taking into account the Company’s Risk Appetite.
214 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 215
REPORT ON TOTAL EXPOSURE IN LEVERAGE RATIO
LR1: Summary of Comparison of Accounting Assets vs Leverage Ratio Exposures
(in million IDR)
No Description Individual Consolidation
1 Total asset in financial position report in the published financial statement. (gross 82.251.850 87,593,723
value before deducted by allowance to impairment losses).
2 Adjustments to the value of investments in banking, financial institutions, insurance - -
entities, and/or other entities that are consolidated based on accounting standard but
outside the scope of consolidation based on the provisions of the Financial Services
Authority.
3 Adjustments to the value of the underlying set of financial assets that have been (610,919) (610,919)
transferred in asset securitization that meet the requirements of selloff as stipulated
in the Financial Services Authority Regulation concerning the precautionary principle
in asset securitization activities for commercial banks. In the event that the underlying
financial asset has been deducted from the total assets on the statement of financial
position, the number in this line is 0 (zero).
4 Adjustment to the temporary exemptions for current account placement with Bank - -
Indonesia to meet the minimum statutory reserve requirements (if any).
5 Adjustment for fiduriary assets recognized as a component of the - -
statement of financial position are based on financial accounting standards but
excluded from the leverage ratio exposure calculation.
6 Adjustments to the purchase or sale value of financial assets on a regular basis using - -
the trading date accounting method.
7 Adjustments to the value of cash pooling transactions that meet the - -
requirements as regulated in these Financial Services Authority Regulations.
8 Adjustments for derivative transaction exposure. 15,677 15,677
9 Adjustment for securities financial transactions (ex. Reverse Repo Transactions). - -
10 Adjustment for Administrative Account Transaction Exposures (TRA) multiplied to the 1,094,580 1.387.875
Credit Conversion Factors (FKK).
11 Adjustment of prudential assessment in the form of capital deduction and Allowance (8.835.264) (6.546.926)
of impairment losses.
12 Other adjustments. - -
13 Total Exposure in Leverage Ratio calculation. 73.915.924 81.624.416
Qualitative Analysis
Individual banks have total assets in the statement of financial position in the published financial statements (before deducting CKPN) of IDR 82.25
Trillion. After adding exposure to derivative transactions, TRA and making prudential assessment adjustments, the Total Exposure in calculating the
Leverage Ratio individually (bank only) is IDR 73.92 Trillion.
Meanwhile, the Bank on a consolidated basis has total assets in the statement of financial position in the published financial statements (before
deducting CKPN) of IDR 87.38 Trillion. After adding exposure to derivative transactions, TRA and making prudential assessment adjustments, the
Total Exposure in the consolidated Leverage Ratio calculation is IDR 81.62 Trillion.
LR2: Leverage Ratio Disclosure
1)Disclosure of Leverage Ratio - Bank Individually
(in million IDR)
Period
Items T–1
T
(September 31,
(December 31, 2023)
2023)
Asset Exposure in Statements of Financial Position
1 Asset exposure in the statement of financial position includes collateralized assets, 79.065.739 80.905.294
but does not include derivative transaction exposure and SFT exposure.
(gross value before deducted by allowance to impairment losses).
2 The value added back for derivative collateral submitted to the counterparty which - -
resulted in a decrease in total asset exposure in the balance sheet due to the
application of financial accounting standards.
3 (Reduction of receivables related to CVM given in derivative transactions) - -
PT Bank KB Bukopin Tbk Annual Report 2023 215
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Management Analysis and Discussion of Company Performance
(in million IDR)
Period
Items T–1
T
(September 31,
(December 31, 2023)
2023)
4 (Adjustments for the carrying amount of securities received in SFT exposure - -
recognized as assets)
5 CKPN for these assets is in accordance with financial accounting standards) (3.409.257) (3.564.873)
6 (Assets that have been calculated as a deduction factor for Core Capital as referred to (5.426.007) (4.423.372)
in the Financial Services Authority Regulation regarding the minimum capital adequacy
requirement for commercial banks)
7 Total Asset Exposure in Statements of Financial Position 70.230.475 72.917.048
(Summation from row 1 to row 6)
Derivative Transaction Exposures
8 RC value for all derivative transactions, whether there is a variation margin that meets 4.256 3.558
the requirements or a write-off agreement that meets certain requirements
9 Value added which is PFE for all derivative transactions 14.461 28.190
10 (Exceptions for exposure of derivative transactions settled through central - -
counterparty transactions (CCP))
11 Adjusted effective notional amount of credit derivatives - -
12 (Adjustments to effective notional values carried out offsetting and reduction of - -
addons for credit derivative sales transactions
13 Total Derivative Transaction Exposure 18.716 31.747
(Summation from row 8 to row 12)
Eksposur Securities Financing Transaction (SFT)
14 SFT gross value 2.572.152 372.518
15 (Net value of cash payables and cash receivables) - -
16 Credit Risk due to failure counterparties in relation to SFT assets which refers to the - -
calculation of current exposure as stipulated in the Appendix to this Regulation of the
Financial Services Authority
17 Exposure as SFT agent - -
18 Total SFT Exposure (summation from row 14 until 17) 2.572.152 372.518
Administrative Account Transaction (AAT) Exposures
19 Value of all commitment or contingent liabilities 5.662.259 6.298.556
Gross value before deduction of Allowance of impairment losses
20 (Adjustments to the commitment or contingent liabilities for the conversion of the (4.567.679) (5.077.562)
value of credit equivalent amounts are then reduced by the allowance for impairment
losses)
21 (Allowance of impairment losses of administration account transaction according to - -
financial accounting standard)
22 Total AAT Exposure (summation from row 19 to 21) 1.094.580 1.220.993
Capital and Total Exposure
23 Tier 1 Capital 7.847.606 10.952.437
24 Total Exposures (summation from row 7, 13, 18, and 22) 73.915.924 74.542.307
Leverage Ratio
25 Value of Leverage Ratio, including the impact of adjustments to temporary exceptions 10.62% 14,69%
to the placement of current accounts with Bank Indonesia in the context of meeting
the minimum statutory reserves (if any)
25a Value of Leverage Ratio, excluding the impact of adjustments to temporary exceptions 10.62% 14,69%
to the placement of current accounts with Bank Indonesia in the context of meeting
the minimum statutory reserve requirements (if any)
216 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 217
(in million IDR)
Period
Items T–1
T
(September 31,
(December 31, 2023)
2023)
26 Minimum Leverage Ratio Value 3,00% 3,00%
27 Bearing to the Leverage Ratio value 0,00 0,00
Disclosure of Average Values
28 Average value of the carrying value of SFT assets on a gross basis, after adjustments 2.572.152 372.518
for sale accounting transactions which are calculated on a net basis (net) with cash
liabilities in SFT and cash receivables in SFT
29 The quarterly end value of the report on the gross carrying value of SFT assets, after 2.572.152 372.518
adjustments for sale accounting transactions which are calculated on a net basis (net)
with cash liabilities in SFT and cash receivables in SFT
30 Total Exposure, including the impact of adjustments to the temporary exemption on 73.915.924 74.542.307
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
30a Total Exposure, not including the impact of adjustments to the temporary exemption 73.915.924 74.542.307
on current account placements with Bank Indonesia in order to comply with the
statutory reserve requirement (if any), which includes the average value of the gross
carrying value of SFT assets as referred to in line 28
31 Leverage Ratio, including the impact of adjustments to the temporary exemption on 10.62% 14,69%
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
31a Leverage Ratio, not including the impact of adjustments to the temporary exemption 10.62% 14,69%
on current account placements with Bank Indonesia in order to comply with the
statutory reserve requirement (if any), which includes the average value of the gross
carrying value of SFT assets as referred to in line 28
Qualitative Analysis
With a Total Leverage Ratio Exposure of IDR 73.92 Trillion and Total Core Capital of IDR 7.85 Trillion, then the Leverage Ratio in Quarter IV 2023 is
10.62%. Leverage Ratio PT. Bank KB Bukopin Tbk. individually (bank only) is above the minimum value of the Leverage Ratio set by the Regulator
(3%).
2) Disclosure of Leverage Ratio - Bank Consolidated with Subsidiaries
(in million Rupiah)
Period
Item
T–1
T
September 31,
December 31, 2023
2023
Asset Exposure in Statements of Financial Position (Balance Sheet)
1 Asset exposure in the statement of financial position includes collateralized assets, 84.192.599 86.521.891
but does not include derivative transaction exposure and SFT exposure. (*gross value
before deducted by allowance to impairment losses).
2 The value added back for derivative collateral submitted to the counterparty which - -
resulted in a decrease in total asset exposure in the balance sheet due to the
application of financial accounting standards.
3 Reduction of receivables related to cash variation margin given in derivative - -
transactions)
4 (Adjustments for the carrying amount of securities received in SFT exposure - -
recognized as assets)
5 (Allowance to impairment losses (CKPN) for these assets is in accordance with (3.590.785) (3.795.163)
financial accounting standards
PT Bank KB Bukopin Tbk Annual Report 2023 217
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Management Analysis and Discussion of Company Performance
(in million Rupiah)
Period
Item
T–1
T
September 31,
December 31, 2023
2023
6 Assets that have been calculated as a deduction factor for Core Capital (Tier 1) as (2.956.142) (3.208.632)
referred to in the Financial Services Authority Regulation regarding the minimum capital
adequacy requirement for commercial banks)
7 Total Asset Exposure in Statements of Financial Position (Financial) 77.645.672 79.518.097
(Sum of row 1 to row 6)
Derivative Transaction Exposures
8 Replacement Cost (RC) value for all derivative transactions, whether there is a variation 4.256 3.558
margin that meets the requirements or a write-off agreement that meets certain
requirements
9 Value added which is Potential Futures Exposures (PFE) for all derivative transactions 14.461 28.190
10 (Exceptions for exposure of derivative transactions settled through central counterparty - -
transactions (CCP))
11 Adjusted effective notional amount of credit derivatives - -
12 Adjustments to effective notional values carried out offsetting and reduction of add-ons - -
for credit derivative sales transactions)
13 Total Derivative Transaction Exposure 18.716 31.747
(Sum of row 8 to row 12)
Exposure of Securities Financing Transaction (SFT)
14 SFT Gross Value 2.572.152 372.518
15 (Net value of cash payables and cash receivables) - -
16 Credit Risk due to failure counterparties in relation to SFT assets which refers to the - -
calculation of current exposure as stipulated in the Appendix to this Regulation of the
Financial Services Authority.
17 Exposure as SFT Agent - -
18 Total SFT Exposure 2.572.152 372.518
(Sum of row 14 to row 17)
Administrative Account Transaction (AAT) Exposures
19 Value of all commitment or contingent liabilities. 6.248.849 7.043.890
*Gross value before deduction of Allowance of impairment losses
20 (Adjustments to the commitment or contingent liabilities for the conversion of the value of (4.860.974) (5.450.229)
credit equivalent amounts are then reduced by the allowance for impairment losses)
21 (Allowance of impairment losses of administration account transaction according to - -
financial accounting standard)
22 Total Administrative Account Transaction (AAT) Exposures 1.387.875 1.593.660
Capital and Total Exposure
23 Tier 1 Capital 9.813.056 11.837.425
24 Total Exposure (Sum of row 7,13,18, and 22 81.624.416 81.516.023
Leverage Ratio
25 Value of Leverage Ratio, including the impact of adjustments to temporary exceptions 12,02% 14,52%
to the placement of current accounts with Bank Indonesia in the context of meeting the
minimum statutory reserves (if any)
25a Value of Leverage Ratio, excluding the impact of adjustments to temporary exceptions 12,02% 14,52%
to the placement of current accounts with Bank Indonesia in the context of meeting the
minimum statutory reserve requirements (if any)
26 Minimum Leverage Ratio Value 3,00% 3,00%
27 Buffer to the Leverage Ratio value 0,00 0,00
Disclosure of Average Values
28 Average value of the carrying value of SFT assets on a gross basis, after adjustments for 2.572.152 372.518
sale accounting transactions which are calculated on a net basis (net) with cash liabilities
in SFT and cash receivables in SFT
218 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 219
(in million Rupiah)
Period
Item
T–1
T
September 31,
December 31, 2023
2023
29 The quarterly end value of the report on the gross carrying value of SFT assets, after 2.572.152 372.518
adjustments for sale accounting transactions which are calculated on a net basis
(net) with cash liabilities in SFT and cash receivables in SFT
30 Total Exposure, including the impact of adjustments to the temporary exemption on 81.624.416 81.516.023
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
30a Total Exposure, excluding the impact of adjustments to the temporary exemption on 81.624.416 81.516.023
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
31 Leverage Ratio, including the impact of adjustments to the temporary exemption on 12,02% 14,52%
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
31a Leverage Ratio excluding the impact of adjustments to the temporary exemption on 12,02% 14,52%
current account placements with Bank Indonesia in order to comply with the statutory
reserve requirement (if any), which includes the average value of the gross carrying
value of SFT assets as referred to in line 28
Qualitative Analysis
With a Total Exposure Ratio of individual levers of IDR 81.62 trillion and the Total Core Capital individually is IDR 9.8 Trillion, thus the Leverage
Ratio for the fourth Quarter of 2023 is 12.02%. It means that Bank KB Bukopin Tbk.'s leverage ratio on a consolidated basis is above the minimum
regulatory leverage ratio (3%).
DISCLOSURE OF QUALITATIVE INFORMATION REGARDING GENERAL CREDIT RISK (CRA)
Based on the Risk Management Policy (internal), Credit Risk is the risk resulting from the failure of debtors and/or other parties in fulfilling their
obligations to the Bank and/or Subsidiaries, including credit risk due to debtor failure, credit concentration risk, counterparty credit risk, settlement
risk and country risk.
In order to increase the prudent aspect in managing Credit Risk, the Bank has established an organizational structure that clearly delineates the
separation between the functions of the first line of defense, second line of defense and third line of defense.
1. The Bank’s Credit Risk management strategy has been prepared for long-term objectives, to ensure that the Bank can achieve business
continuity, the expected capital adequacy, and it is hoped that this overall strategy can control the risks faced by the Bank. Credit Risk
management strategies are prepared by considering economic development factors, adequacy of human resources, infrastructure, financial
conditions, and others. The Bank will accelerate the completion of remaining non-performing assets in a timely manner so that the capital
structure becomes strong and improves the Bank’s soundness by encouraging and increasing productivity through increasing organizational
capabilities and improving the Bank’s IT infrastructure. Apart from that, the bank will increase profitability, increase its asset portfolio and have a
strong capital structure so that it can create a good cycle for sustainable bank growth. The Bank’s strategic direction in 2024 is:
a. Capital Structure Advancement. Strengthening the capital structure and ensuring compliance with regulations through increasing
profitability and capital reduction factor savings initiatives as well as implementing credit risk mitigation techniques.
b. Portfolio Improvement. Resolving bad assets, building a new sales model by focusing on businesses already controlled by the bank,
establishing a good asset portfolio through business expansion and recomposition of TPF and increasing CASA, strengthening credit
management
c. Productivity Enhancement. Efficiency continues to be implemented both in terms of reducing overhead costs, improving infrastructure and
bank management systems and innovation to create a capable organization.
The Bank’s transformation phase which is scheduled to continue follows the dynamics of existing business development, where the Bank is
divided into 3 (three) stages according to time projections. The first phase (2023-2024) is to restore basic fundamentals. In the second phase
(2025-2026) the Bank will study and imitate market leaders and instill their competencies, so that they can build a competitive level. In the third
phase (2027-dst) the Bank is expected to be at the stage of leading the market through innovation.
PT Bank KB Bukopin Tbk Annual Report 2023 219
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Management Analysis and Discussion of Company Performance
DISCLOSURE OF QUALITATIVE INFORMATION REGARDING GENERAL CREDIT RISK (CRA)
2. Criteria and Approaches for Credit Risk Management Policies and Determination of Credit Risk Limits
The preparation of strategies, policies, procedures and limit determination must be in line with the Bank’s vision, mission and business strategy,
and carried out by taking into account, among other things, the type and complexity of business, risk profile, level of risk to be taken and risk
tolerance as well as statutory regulations and other provisions that do not conflict with applicable regulations in Indonesia..
To support the implementation of Credit Risk management, the Bank has a Risk Management Policy, Credit Risk Management Policy and Risk
Management Committee Charter. The Credit Risk Management Policy is used as an umbrella policy for managing Credit Risk, as well as the
Product Program policy as a standard for business units to develop their products.
Determination of Credit Risk limits includes overall limits, as well as limits per specific functional activity that has Credit Risk exposure. The
amount of this limit has been adjusted to the Bank’s business scale, and future plans for the targets to be achieved, adjusted to the potential
risks that the Bank will face. Determination of Credit Risk limits is stated in the risk appetite statement which is reported monthly to the Board
of Directors and Board of Commissioners. If there is an excess of the Credit Risk limit, this will be escalated to the authorities, and the Bank will
determine a follow-up plan as a form of improvement. Limits are also reviewed periodically to suit internal needs.
3. Credit Risk Management Structure and Organization and Control Function
Active supervision of the Board of Directors (BOD) and Board of Commissioners (BOC) regarding Credit Risk is carried out through each
committee, and is carried out consistently. The general discussion agenda is a quarterly discussion of credit risk profiles, and a monthly
presentation of credit ratios, where the applicable limits have been previously determined in accordance with applicable internal regulations.
Apart from the Risk Management Committee (RMC) and Risk Monitoring Committee (ROC), the Bank also has a Credit Committee which
discusses the Bank’s credit process, and is carried out periodically in accordance with the applicable charter, as well as additional studies if
necessary according to internal needs.
The latest Company Organizational Structure is stated in Decree No. 0020 of 2023 dated February 22, 2023 concerning the Organizational
Structure of Bank KB Bukopin Tbk. The devices or units involved in Credit Risk management have been adjusted and divided according to the
Three Lines of Defense principle. The Risk Taking Unit, in this case business and support, includes the credit team as the 1st Line of Defense,
Risk Group and Compliance as the 2nd Line of Defense, and Internal Audit as the 3rd Line of Defense, reflected in the organizational structure
and authority of each of these functions , and has been listed in the job description for each function. Apart from that, the Bank already has
risk management control by adding a Risk Management Division Head to the organizational structure. The Bank will always make necessary
changes related to the adequacy of organizational equipment to support the Bank’s operations.
Relationship between Credit Risk Management, Risk Control, Compliance and Internal Audit Functions
Based on the Three Lines of Defense principle, the Compliance and Risk Management Group is included as the 2nd Line of Defense which is
tasked with carrying out independent monitoring functions. The Risk Management Group is responsible for compiling and conducting regular
reviews of various risk management policies, limits and tools. The Risk Management Group also plays a role in monitoring and providing
direction to the First Line of Defense/Model regarding the implementation of risk management carried out by each work unit. Meanwhile, the
Compliance Division is responsible for ensuring that all Bank activities at all levels of the organization comply with applicable regulations issued
by Bank Indonesia (BI), the Financial Services Authority (OJK) and other competent authorities.
Meanwhile, Internal Audit is included as the 3rd Line of Defense which is independently tasked with evaluating the implementation of risk
management implemented by the First and Second Lines of Defense/Model. This evaluation needs to be carried out to ensure the effectiveness
and suitability of the results of the implementation of risk management carried out by the First and Second Lines of Defense/Model with the
applicable Risk Management Policies and Procedures.
The internal control system is carried out through the implementation of routine work programs of the Internal Audit Work Unit (SKAI) through
the implementation of general audits as the 3rd line of defense. Monitoring of bank credit conditions is carried out by the Enterprise Risk
Management Department and Credit Risk Management Department as the 2nd line of defense, and in collaboration with the Risk Taking Unit in
the 1st line of defense (segregation of duties). Other units can also assist in implementing adequate Credit Risk management.
4. Main Information Credit Risk Exposure Report
Risk Group periodically submits Risk Reports to the Board of Directors (through the Risk Management Committee) and Commissioners (through
the Risk Monitoring Committee). Apart from that, improvements related to the governance of credit activities (end-to-end process) will always
be carried out, including through monitoring credit ratios (bankwide), and others..
1) Disclosure of Credit Quality of Assets - Bank Individually
(in million IDR)
December 31, 2023
CKPN (IRB Net Worth
Gross carrying amount CKPN (d+e) CKPN
approach) (a+b-c)
Stage 2
Past Due Loans Not Yet
and Stage Stage 1
Loans Due
3
a b c d e f g
1 Credit 7.128.114 37.055.114 3.353.299 2.922.839 430.459 40.829.929
2 Marketable Securities - 17.608.965 109 - 109 17.608.856
3 Administrative 185.107 5.477.152 - - - 5.662.259
Account Transactions
4 Total 7.313.221 60.141.232 3.353.408 2.922.839 430.568 64.101.045
220 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 221
2) Disclosure of Credit Quality of Assets - Bank on a consolidated basis
(in million IDR)
December 31, 2023
CKPN (IRB Net Worth
Gross carrying amount CKPN (d+e) CKPN
approach) (a+b-c)
Stage 2
Past Due Loans Not Yet
and Stage Stage 1
Loans Due
3
a b c d e f g
1 Credit 7.480.980 42.552.670 3.429.247 3.066.844 524.373 46.604.403
2 Marketable Securities - 17.946.800 109 - 109 17.946.691
3 Administrative 185.107 6.063.742 - - - 6.248.849
Account Transactions
4 Total 7.666.087 66.563.212 3.429.356 3.066.844 524.482 70.799.943
DISCLOSURE OF MUTATIONS IN CREDITS AND OVERDUR SECURITIES (CR2)
1) Disclosure of Overdue Credit and Securities Mutation - Individual Banks
(in million IDR)
December 31, 2023
a
1 Credit and Securities that have matured in the last reporting period 7.128.114
2 Credit and Securities that have matured since the last reporting period 3.373.765
3 Credit and Securities that return to bills that have not yet matured 39.788
4 Write-Off Value 12.559.520
5 Other Changes -
6 Credit and Securities that have matured at the end of the last reporting period (1+2-3-4+5) -2.097.429
2) Pengungkapan Mutasi Kredit dan Surat Berharga yang Telah Jatuh Tempo - Bank secara Konsolidasi
(in million IDR)
31 Desember 2023
a
1 Credit and Securities that have matured in the last reporting period 7.371.826
2 Credit and Securities that have matured since the last reporting period 3.419.205
3 Credit and Securities that return to bills that have not yet matured 5.455.184
4 Write-Off Value 13.191.414
5 Other Changes -
6 Credit and Securities that have matured at the end of the last reporting period (1+2-3-4+5) -7.855.568
PT Bank KB Bukopin Tbk Annual Report 2023 221
Page 222
Management Analysis and Discussion of Company Performance
ADDITIONAL DISCLOSURES REGARDING THE QUALITY OF CREDIT ON ASSETS (CRB)
1) Disclosure of Net Receivables by Region
a. Qualitative
i) Past Due Receivables, refers to the portfolio category of overdue receivables as in Appendix A of Financial Services
Authority Circular Letter No. SEOJK 24/SEOJK.03/2021.
ii) Impaired receivables, receivables that are at stage 2 (poor assets) and stage 3 (bad assets)
iii) Evaluation of impairment is carried out on credits granted in classifications and measurements other than fair value
through profit or loss. The purpose of impairment is to recognize expected credit loss over the life of all financial
instruments that have experienced a significant increase in credit risk since initial recognition, whether assessed
individually or collectively by considering all reasonable and supporting information, including information which are
forward-looking.
1) Disclosure of Net Receivables Based on Remaining Contract Period - Bank Individually (in million IDR)
December 31, 2023 December 31, 2022
(Unaudited) (Audited)
No. Portfolio Category
Net Receivables based Region Net Receivable based Region
Jawa Sumatera Others Total Jawa Sumatera Others Total
a b c d e f i j m n
1 Receivables from 16.432.697 - - 16.432.697 22.039.467 - - 22.039.467
Government
2 Receivables from Public 2.996.050 355 - 2.996.405 2.485.425 - - 2.485.425
Sector Entities
3 Receivables from - - - - - - - -
Multilateral Development
Banks and International
Institutions
4 Receivables from Banks 367.285 53 4 367.342 1.052.409 - - 1.052.409
5 Receivables in the form of a - - - - -
Covered Bond
6 Receivables from 1.522.780 2.193 - 1.524.972 -
Securities Companies and
Other Financial Services
Institutions
7 Receivables in the form of 50.000 - - 50.000 -
Securities/Subordinated
Receivables, Equity and
Other Capital Instruments
8 Residential Property 3.353.092 532.882 614.502 4.420.018 533.148 195.320 165.355 893.823
Secured Loans
9 Commercial Property 9.658.057 596.499 1.170.748 11.099.573 291.641 45.258 146.558 483.456
Secured Loans
10 Credit for Land Acquisition, - 600 - 600 -
Land Processing and
Construction
11 Employee or Pensioner 5.265.610 1.199.709 2.723.110 9.188.429 4.689.575 1.498.962 2.555.957 8.744.495
Credit
12 Receivables on Micro 1.968.052 155.655 258.257 2.381.963 3.242.172 404.951 839.092 4.486.215
Businesses, Small
Businesses and Retail
Portfolio
13 Receivables on 12.823.215 318.674 181.581 13.323.469 24.065.103 3.338.312 3.276.523 30.679.938
Corporations
14 Other Overdue Receivables 4.383.798 225.339 306.907 4.757.974 1.241.922 284.376 513.049 2.039.347
15 Other Assets 7.445.189 - - 7.435.101 8.783.285 - - 8.783.285
Total 65.691.479 3.031.958 5.255.108 73.978.544 68.424.147 5.767.180 7.496.533 81.687.859
222 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 223
2) Disclosure of Net Receivables by Economic Sector - Consolidated Bank with Subsidiaries (in million IDR)
December31,2023 December31,2022
(Unaudited) (Audited)
No. Portfolio Category
Net Receivablesbased Region Net Receivablebased Region
Jawa Sumatera Lain-lain Total Jawa Sumatera Lain-lain Total
a b c d e f i j m n
1 Receivables from 17.656.442 - - 17.656.442 23.434.567 - - 23.434.567
Government
2 Receivables from Public 2.996.050 355 217 2.996.622 2.485.621 - - 2.485.621
Sector Entities
3 Receivables from Multilateral - - - - - - - -
Development Banks and
International Institutions
4 Receivables from Banks 401.412 57 7 401.476 1.061.278 - - 1.061.278
5 Receivables in the form of a - - - - -
Covered Bond
6 Receivables from Securities 1.522.780 2.193 - 1.524.972 -
Companies and Other
Financial Services Institutions
7 Receivables in the form of 50.000 - - 50.000 -
Securities/Subordinated
Receivables, Equity and
Other Capital Instruments
8 Residential Property Secured 3.327.290 601.335 626.448 4.555.073 662.380 195.320 165.355 1.023.055
Loans
9 Commercial Property 9.879.549 597.886 1.173.460 11.650.895 653.557 45.258 146.558 845.372
Secured Loans
10 Credit for Land Acquisition, - 600 - 600 -
Land Processing and
Construction
11 Employee or Pensioner Credit 5.309.659 1.221.607 2.734.552 9.265.818 4.998.265 1.498.962 2.555.957 9.053.184
12 Receivables on Micro 2.432.902 278.027 321.641 3.032.569 3.125.324 404.951 839.092 4.369.367
Businesses, Small Businesses
and Retail Portfolio
13 Receivables on Corporations 15.787.726 1.080.900 595.460 17.464.086 27.747.024 3.338.312 3.276.523 34.361.860
14 Other Overdue Receivables 4.349.540 252.481 376.532 4.978.553 1.434.189 284.376 513.049 2.231.614
15 Other Assets 7.845.225 13.390 113.215 7.971.830 9.276.032 - - 9.276.032
Total 71.558.573 4.048.831 5.941.531 81.548.936 74.878.237 5.767.180 7.496.533 88.141.950
PT Bank KB Bukopin Tbk Annual Report 2023 223
Page 224
Management Analysis and Discussion of Company Performance
2) Disclosure of Net Receivables by Economic Sector
1) Disclosure of Net Receivables by Economic Sector – Bank by individuals
Receivables
Receivables Securities
from from
Receivables
Receivables Multilateral Receivables Companies
Economic from Public Receivables
No. from Development in the form of and Other
Sector Sector from Banks
Government Banks and Covered Bonds Financial
Entities
International Services
Institutions Institutions
a b c d e f g h
December 31, 2023 (Audited)
1 Agriculture, - - - - - -
Forestry, and
Fisheries
2 Mining and - 895.422 - - - -
Excavation
3 Processing - 446.566 - - - -
Industry
4 Electricity, Gas, - 300.000 - - - -
Steam/Hot and
Cold Water Waste
Water
5 Management, - - - - - -
Waste
Management and
Recycling
6 Construction - - - - - -
7 Wholesale and - - - - - 2.193
retail trading; Car
and Motorcycle
Reparation and
Maintenance
8 Transportation - 20.000 - - - -
and Warehousing
9 Transport and - - - - - -
Warehouse
Accomodation,
food and
beverage supply
10 Information and - - - - - -
Communication
11 Finance and - - - - - 1.110.784
Insurance
Activities
12 Real Estate - - - - - -
13 Professional, - - - - - -
Scientific,
and Technical
Activities
14 Rental and - - - - - -
Leasing
Activities without
Option Rights,
Employment,
Travel Agencies,
and Other
Business Support
224 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 225
in million IDR)
Receivables Receivables
Credit
in the form of from
Credit for Land
Securities/ Credit on Micro
Secured Acquisition, Creditby
Subordinated Secured by Business, Receivables
from Land Employees Matured Other
Receivables, Residential Small from
Commercial Processing or Receivable Assets
Equity Properties Business Corporates
Property and Retirees
and Other and
Construction
Capital Retail
Instruments Portfolio
i j k l m n o p q
- 40.564 234.392 - 4.674 71.125 0 146.901 -
- 17.450 20.961 - - 7.904 1 577.256 -
- 253.455 1.685.717 - 11 173.455 3 63.596 -
- 112.205 97.864 - 86 - 1 184.576 -
- 4.742 2.832 - - - 0 - -
- 770.133 1.107.412 600 - 55.672 0 1.132.071 -
- 755.027 2.388.242 - 558 134.183 1 608.378 -
- 190.326 939.850 - 1.232 246.083 0 501.357 -
- 413.615 2.670.778 - 36 9.517 0 282.765 -
0 561.121 31.178 0 0 100 0 2.939 -
50.000 19.176 28.556 - - 363.668 1 206.442 -
- 361.928 804.276 - 111 1.903 0 198.959 -
- 20.196 176.604 - - 5.654 0 21.495 -
- 75.149 38.642 - 241 15.481 0 6.687 -
PT Bank KB Bukopin Tbk Annual Report 2023 225
Page 226
Management Analysis and Discussion of Company Performance
1) Disclosure of Net Receivables by Economic Sector – Bank by individuals
Receivables
Receivables Securities
from from
Receivables
Receivables Multilateral Receivables Companies
Economic from Public Receivables
No. from Development in the form of and Other
Sector Sector from Banks
Government Banks and Covered Bonds Financial
Entities
International Services
Institutions Institutions
15 Government - - - - - -
Administration,
Defence, and
Mandatory Social
Security
16 Education - - - - - -
17 Human Health - 355 - - - -
Activities and
Social
Activities
18 Arts, - - - - - -
Entertainment,
and Recreation
19 Other Services - - - - - -
Activities
20 Household - - - - - -
as Employer
Activities:
Activities that
produce goods
and services by
households that
are used to meet
their own needs
21 International - - - - - -
and Other Extra
International
Activities
22 Household - - - 1 - -
23 Non-Business - - - - - -
Activities
24 Others 16.432.697 1.334.061 - 367.341 - 411.996
Total 16.432.697 2.996.405 - 367.342 - 1.524.972
Receivables
Receivables
Securities
from
Receivables Receivables from
Receivables Multilateral
Economic from Public Receivables in the form Companies
No. from Development
Sector Sector from Banks of Covered and Other
Government Banks and
Entities Bonds Financial
International
Services
Institutions
Institutions
a b c d e f g h
December 31, 2022 (Audited)
1 Agriculture, - - - -
Forestry, and
Fisheries
2 Mining and - 1.167.563 - -
Excavation
226 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 227
in million IDR)
Receivables Receivables
Credit
in the form of from
Credit for Land
Securities/ Credit on Micro
Secured Acquisition, Creditby
Subordinated Secured by Business, Receivables
from Land Employees Matured Other
Receivables, Residential Small from
Commercial Processing or Receivable Assets
Equity Properties Business Corporates
Property and Retirees
and Other and
Construction
Capital Retail
Instruments Portfolio
- - - - - - 0 - -
- 23.797 511.335 - - 14.986 0 22.657 -
- 16.308 106.597 - 34 1.960 0 7.162 -
- 12.850 137.566 - 301 12.365 0 3.392 -
- 10.110 20.458 - 111 8.650 0 6.334 -
- 809 583 - - - 0 - -
- - - - - - 0 - -
- 715.106 95.729 - 9.180.807 729.689 0 782.581 -
- - - - - - 0 - -
- - - - - 524.834 6 - 7.435.101
50.000 4.374.066 11.099.573 600 9.188.202 2.377.230 13 4.755.548 7.435.101
(in million IDR)
Receivables
Receivables
Credit from
in the form of
Credit for Land on Micro
Securities/ Credit Creditby
Secured Acquisition, Business, Receivables
Subordinated Secured by Employees Matured Other
from Land Small from
Receivables, Residential or Receivable Assets
Commercial Processing Business Corporates
Equity and Properties Retirees
Property and and
Other Capital
Construction Retail
Instruments
Portfolio
i j k l m n o p q
- - 6.520 224 483.574 704.325 30.411 -
- - - - 26.603 1.269.920 0 -
PT Bank KB Bukopin Tbk Annual Report 2023 227
Page 228
Management Analysis and Discussion of Company Performance
Receivables
Receivables
Securities
from
Receivables Receivables from
Receivables Multilateral
Economic from Public Receivables in the form Companies
No. from Development
Sector Sector from Banks of Covered and Other
Government Banks and
Entities Bonds Financial
International
Services
Institutions
Institutions
3 Processing - 22.197 - -
Industry
4 Electricity, Gas, - - - -
Steam/Hot and
Cold Water Waste
Water
5 Management, - - - -
Waste
Management and
Recycling
6 Construction - - - -
7 Wholesale and - - - -
retail trading; Car
and Motorcycle
Reparation and
Maintenance
8 Transportation - - - -
and Warehousing
9 Transport and - - - -
Warehouse
Accomodation,
food and
beverage supply
10 Information and - - - -
Communication
11 Finance and - - - 616.000
Insurance
Activities
12 Real Estate - - - -
13 Professional, - - - -
Scientific, and
Technical
Activities
14 Rental and - - - -
Leasing Activities
without
Option Rights,
Employment,
Travel
Agencies, and
Other Business
Support
15 Government - - - -
Administration,
Defence, and
Mandatory Social
Security
16 Education - - - -
17 Human Health - - - -
Activities and
Social
Activities
18 Arts, - - - -
Entertainment,
and Recreation
19 Other Services - - - -
Activities
228 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 229
(in million IDR)
Receivables
Receivables
Credit from
in the form of
Credit for Land on Micro
Securities/ Credit Creditby
Secured Acquisition, Business, Receivables
Subordinated Secured by Employees Matured Other
from Land Small from
Receivables, Residential or Receivable Assets
Commercial Processing Business Corporates
Equity and Properties Retirees
Property and and
Other Capital
Construction Retail
Instruments
Portfolio
- - 4.875 107 259.512 4.322.438 33.344 -
- - - - 5.246 596.823 1.081 -
- - - - 2.272 7.572 - -
- - 119.107 4.354 303.986 3.913.735 67.824 -
- - 7.041 4.527 1.009.090 5.725.385 141.631 -
- - - - 279.743 1.948.353 59.146 -
- - 236.617 - 184.106 2.859.659 74.093 -
- - - - 11.807 183.829 1.583 -
- - - - 49.865 1.493.151 142.212 -
- - 98.430 130 50.279 2.178.526 2.626 -
- - - 130 20.340 242.846 26.089 -
- - 209 - 35.933 182.500 1.921 -
- - - - - - - -
- - 8.392 - 29.713 661.838 3.493 -
- - 438 - 36.535 153.191 3.098 -
- - 55 230 20.844 145.427 3.991 -
- - - - 10.336 61.588 1.817 -
PT Bank KB Bukopin Tbk Annual Report 2023 229
Page 230
Management Analysis and Discussion of Company Performance
Receivables
Receivables
Securities
from
Receivables Receivables from
Receivables Multilateral
Economic from Public Receivables in the form Companies
No. from Development
Sector Sector from Banks of Covered and Other
Government Banks and
Entities Bonds Financial
International
Services
Institutions
Institutions
20 Household - - - -
as Employer
Activities:
Activities that
produce goods
and services by
households that
are used to meet
their own needs
21 International - - - -
and Other Extra
International
Activities
22 Household - - - -
23 Non-Business 22.039.467 1.295.665 - 436.409
Activities
24 Others
Total 22.039.467 2.485.425 - 1.052.409 - -
2) Disclosure of Net Receivables by Economic Sector - Bank on a Consolidated Basis with Subsidiaries
Receivables
Receivables Securities
from from
Receivables Receivables
Receivables Multilateral Companies
Economic from Public Receivables in the form
No. from Development and Other
Sector Sector from Banks of Covered
Government Banks and Financial
Entities Bonds
International Services
Institutions Institutions
a b c d e f g h
December 31, 2022 (Audited)
1 Agriculture, - - - - - -
Forestry, and
Fisheries
2 Mining and - 895.422 - - - -
Excavation
3 Processing - 446.566 - - - -
Industry
4 Electricity, Gas, - 300.000 - - - -
Steam/Hot and
Cold Water Waste
Water
5 Management, - - - - - -
Waste
Management and
Recycling
6 Construction - - - - - -
7 Wholesale and - - - - - 2.193
retail trading; Car
and Motorcycle
Reparation and
Maintenance
8 Transportation - 20.000 - - - -
and Warehousing
230 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 231
(in million IDR)
Receivables
Receivables
Credit from
in the form of
Credit for Land on Micro
Securities/ Credit Creditby
Secured Acquisition, Business, Receivables
Subordinated Secured by Employees Matured Other
from Land Small from
Receivables, Residential or Receivable Assets
Commercial Processing Business Corporates
Equity and Properties Retirees
Property and and
Other Capital
Construction Retail
Instruments
Portfolio
- - - - 2.001 - - -
- - - - - - - -
- 893.823 1.771 8.677.084 1.089.284 572.209 1.444.548 -
- - - 57.708 575.145 3.456.620 439 8.783.285
- 893.823 483.456 - 8.744.495 4.486.215 30.679.938 2.039.347 8.783.285
(in million IDR)
Receivables
Receivables Credit
from
in the form of for Land
Credit Credit on Micro
Securities/ Acquisition, Creditby
Secured by Secured Business, Receivables
Subordinated Land Employees Matured Other
Residential from Small from
Receivables, Processing or Receivable Assets
Properties Commercial Business Corporates
Equity and and Retirees
Property and
Other Capital Construction
Retail
Instruments
Portfolio
i j k l m n o p q
40.564 234.392 - 4.674 74.344 541.543 146.987 - -
17.450 20.961 - - 7.904 651.982 577.618 - -
253.455 1.686.185 - 11 203.046 3.202.093 64.636 - -
112.205 97.864 - 86 4.332 1.409.177 184.576 - -
4.742 2.832 - - - 43.096 - - -
776.076 1.181.719 600 - 114.006 251.470 1.157.579 - -
769.720 2.424.048 - 558 330.882 1.201.763 638.836 - -
190.326 946.215 - 1.232 275.080 763.341 504.087 - -
PT Bank KB Bukopin Tbk Annual Report 2023 231
Page 232
Management Analysis and Discussion of Company Performance
2) Disclosure of Net Receivables by Economic Sector - Bank on a Consolidated Basis with Subsidiaries
Receivables
Receivables Securities
from from
Receivables Receivables
Receivables Multilateral Companies
Economic from Public Receivables in the form
No. from Development and Other
Sector Sector from Banks of Covered
Government Banks and Financial
Entities Bonds
International Services
Institutions Institutions
9 Transport and - - - - - -
Warehouse
Accomodation,
food and
beverage supply
10 Information and - - - - - -
Communication
11 Finance and - - - - - 1.110.784
Insurance
Activities
12 Real Estate - - - - - -
13 Professional, - - - - - -
Scientific, and
Technical
Activities
14 Rental and - - - - - -
Leasing Activities
without
Option Rights,
Employment,
Travel
Agencies, and
Other Business
Support
15 Government - - - - - -
Administration,
Defence, and
Mandatory Social
Security
16 Education - - - - - -
17 Human Health - 355 - - - -
Activities and
Social
Activities
18 Arts, - - - - - -
Entertainment,
and Recreation
19 Other Services - - - - - -
Activities
20 Household - - - - - -
as Employer
Activities:
Activities that
produce goods
and services by
households that
are used to meet
their own needs
21 International - - - - - -
and Other Extra
International
Activities
22 Household - 196 - 1 - -
23 Non-Business - 21 - - - -
Activities
24 Others 17.656.442 1.334.061 - 401.476 - 411.996
Total 17.656.442 2.996.622 - 401.476 - 1.524.972
232 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 233
(in million IDR)
Receivables
Receivables Credit
from
in the form of for Land
Credit Credit on Micro
Securities/ Acquisition, Creditby
Secured by Secured Business, Receivables
Subordinated Land Employees Matured Other
Residential from Small from
Receivables, Processing or Receivable Assets
Properties Commercial Business Corporates
Equity and and Retirees
Property and
Other Capital Construction
Retail
Instruments
Portfolio
413.615 2.736.113 - 36 109.727 139.482 285.635 - -
561.121 31.178 - - 100 120.802 2.939 - -
19.176 28.556 - - 408.332 644.780 207.864 - -
362.432 811.691 - 111 33.303 314.805 209.540 - -
20.196 176.604 - - 5.654 7.980 21.495 - -
75.149 38.642 - 241 15.481 485.934 6.687 - -
- - - - - - - - -
24.284 693.689 - - 78.376 777.312 30.828 - -
16.380 285.870 - 34 11.562 423.822 36.345 - -
14.114 137.566 - 301 16.743 174.288 3.392 - -
10.110 20.458 - 111 8.650 13.848 6.334 - -
809 583 - - - 49.483 - - -
- - - - - - - - -
818.952 95.729 - 9.242.600 747.629 24.670 816.326 - -
8.244 - - 15.596 842 54.059 473 - -
- - - - 524.834 6.081.521 - 7.971.831 7.876.050
4.509.121 11.650.895 600 9.265.591 2.970.828 17.377.250 4.902.177 7.971.831 7.876.050
PT Bank KB Bukopin Tbk Annual Report 2023 233
Page 234
Management Analysis and Discussion of Company Performance
Receivables
Receivables Securities
from from
Receivables Receivables
Receivables Multilateral Companies
Economic from Public Receivables in the form
No. from Development and Other
Sector Sector from Banks of Covered
Government Banks and Financial
Entities Bonds
International Services
Institutions Institutions
a b c d e f g h
31 Desember 2022 (Audited)
1 Agriculture, - - - -
Forestry, and
Fisheries
2 Mining and - 1.167.563 - -
Excavation
3 Processing Industry - 22.197 - -
4 Electricity, Gas, - - - -
Steam/Hot and
Cold Water Waste
Water
5 Management, - - - -
Waste Management
and Recycling
6 Construction - - - -
7 Wholesale and - - - -
retail trading; Car
and Motorcycle
Reparation and
Maintenance
8 Transportation and - - - -
Warehousing
9 Transport and - - - -
Warehouse
Accomodation,
food and beverage
supply
10 Information and - - - -
Communication
11 Finance and - - - 594.328
Insurance Activities
12 Real Estate - - - -
13 Professional, - - - -
Scientific, and
Technical
Activities
14 Rental and Leasing - - - -
Activities without
Option Rights,
Employment, Travel
Agencies, and
Other Business
Support
15 Government - - - -
Administration,
Defence, and
Mandatory Social
Security
16 Education - - - -
17 Human Health - - - -
Activities and Social
Activities
18 Arts, Entertainment, - - - -
and Recreation
234 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 235
Receivables
Receivables
Credit from
in the form of
Credit Credit for Land on Micro
Securities/ Creditby
Secured by Secured Acquisition, Business, Receivables
Subordinated Employees Matured Other
Residential from Land Small from
Receivables, or Receivable Assets
Properties Commercial Processing Business Corporates
Equity and Retirees
Property and and
Other Capital
Construction Retail
Instruments
Portfolio
i j k l m n o p q
- 6.520 224 487.317 725.175 30.497 -
- - - 27.161 1.369.702 371 -
- 5.721 107 265.864 4.403.111 34.352 -
- - - 6.470 879.599 1.081 -
- - - 2.272 7.572 - -
7.847 190.795 4.354 358.649 4.086.683 77.358 -
16.882 48.103 4.527 1.165.530 6.566.658 211.309 -
- 2.313 - 316.819 2.375.884 59.319 -
- 307.134 - 261.030 2.941.030 79.417 -
- - - 11.807 183.829 1.583 -
- 25 - 64.232 1.749.578 143.628 -
504 132.603 130 77.953 2.552.597 15.786 -
- - 130 20.340 242.846 26.089 -
- 209 - 35.933 182.500 1.921 -
16 - - - - - -
176 125.016 - 41.427 1.193.503 3.670 -
93 23.090 - 58.661 536.022 56.566 -
1.340 55 230 23.182 169.156 3.991 -
PT Bank KB Bukopin Tbk Annual Report 2023 235
Page 236
Management Analysis and Discussion of Company Performance
Receivables
Receivables Securities
from from
Receivables Receivables
Receivables Multilateral Companies
Economic from Public Receivables in the form
No. from Development and Other
Sector Sector from Banks of Covered
Government Banks and Financial
Entities Bonds
International Services
Institutions Institutions
19 Other Services - - - -
Activities
20 Household as - - - -
Employer Activities:
Activities that
produce goods
and services by
households that are
used to meet their
own needs
21 International - - - -
and Other Extra
International
Activities
22 Household - 196 - -
23 Non-Business 23.434.567 1.295.665 - 466.950
Activities
24 Others
Total 23.434.567 2.485.621 - 1.061.278 - -
3) Disclosure of Net Receivables Based on Remaining Contract Period
1) Disclosure of Net Receivables Based on Remaining Contract Period – Bank by individual
December 31, 2023
(Unaudited)
No. Portofolio Category Net Receivables Based on Remaining Contract Period
Non
< 1 year >1 to 3 years >3 to 5 years >5 years Total
Contractual
a b c d e f g h
1 Receivables from 6.959.641 1.236.459 2.034.420 6.036.312 165.865 16.432.697
Government
2 Receivables from Public 210.323 355 1.151.665 1.634.061 - 2.996.405
Sector Entities
3 Receivables from Multilateral - - - - - -
Development Banks and
International Institutions
4 Receivables from the Bank 1 - - - 367.341 367.342
5 Receivables in the form of - - - - - -
Covered Bonds
6 Receivables Securities 1.031.775 491.002 - 2.195 - 1.524.972
from Companies and Other
Financial Services Institutions
7 Receivables in the form of - - 50.000 - - 50.000
Securities/Subordinated
Receivables, Equity and
Other Capital Instruments
236 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 237
Receivables
Receivables
Credit from
in the form of
Credit Credit for Land on Micro
Securities/ Creditby
Secured by Secured Acquisition, Business, Receivables
Subordinated Employees Matured Other
Residential from Land Small from
Receivables, or Receivable Assets
Properties Commercial Processing Business Corporates
Equity and Retirees
Property and and
Other Capital
Construction Retail
Instruments
Portfolio
- - - 10.336 61.588 1.817 -
- - - 9.052 5.209 - -
- - - - - - -
988.666 3.268 8.951.346 547.692 613.776 1.481.954 -14.000
7.533 519 92.135 577.638 3.515.840 905 9.290.032
1.023.057 845.372 - 9.053.184 4.369.367 34.361.861 2.231.614 9.276.032
(in million IDR)
December 31, 2022
(Audited)
Net Receivables Based on Remaining Contract Period
< 1 year >1 to 3 years >3 to 5 years >5 years Non Contractual Total
i j k l m n
12.850.156 1.493.553 243.893 3.708.076 3.743.790 22.039.467
- - 1.189.760 1.295.665 - 2.485.425
- - - - - -
236.675 - - 50.000 765.734 1.052.409
-
-
- -
PT Bank KB Bukopin Tbk Annual Report 2023 237
Page 238
Management Analysis and Discussion of Company Performance
1) Disclosure of Net Receivables Based on Remaining Contract Period – Bank by individual
December 31, 2023
(Unaudited)
No. Portofolio Category Net Receivables Based on Remaining Contract Period
Non
< 1 year >1 to 3 years >3 to 5 years >5 years Total
Contractual
8 Credit Secured by Residential 645.694 691.187 1.496.383 1.586.754 - 4.420.018
Properties
9 Credit Secured by 3.310.880 1.444.408 1.966.623 4.377.662 - 11.099.573
Commercial Property
10 Credit for Land Acquisition, 600 - - - - 600
Land Processing and
Construction
11 Credit by Employees or 94.664 373.268 624.755 8.095.742 - 9.188.429
Retirees
12 Receivables from on Micro 1.081.042 443.464 248.817 268.112 340.528 2.381.963
Business, Small Business and
Retail Portfolio
13 Receivables from Corporates 4.857.337 669.673 3.290.327 4.490.271 15.861 13.323.469
14 Matured Receivable 941.756 768.656 1.007.048 2.040.513 - 4.757.974
15 Other Assets - - - - 7.435.101 7.435.101
Total 19.133.714 6.118.473 11.870.037 28.531.623 8.324.697 73.978.544
2) Disclosure of Net Receivables Based on the Remaining Term of Contract - Consolidated Bank with Subsidiaries
December 31, 2023
(Unaudited)
No. Portofolio Category Net Receivables Based on Remaining Contract Period
>1 to 3 >3 to 5 Non
< 1 year >5 years Total
years years Contractual
a b c d e f g h
1 Receivables from 7.244.528 1.236.459 2.034.420 6.036.312 1.104.723 17.656.442
Government
2 Receivables from Public 210.323 376 1.151.665 1.634.061 196 2.996.622
Sector Entities
3 Receivables from Multilateral - - - - - -
Development Banks and
International Institutions
4 Receivables from the Bank 34.135 - - - 367.341 401.476
5 Receivables in the form of - - - - - -
Covered Bonds
238 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 239
(in million IDR)
December 31, 2022
(Audited)
Net Receivables Based on Remaining Contract Period
< 1 year >1 to 3 years >3 to 5 years >5 years Non Contractual Total
20.388 43.904 84.068 745.463 - 893.823
45.012 80.349 92.079 266.015 - 483.456
-
162.627 359.520 660.723 7.561.057 567 8.744.495
1.518.363 923.754 727.570 894.542 421.985 4.486.215
6.977.346 4.452.570 7.567.869 11.695.972 -13.819 30.679.938
134.716 232.915 223.668 1.217.458 230.589 2.039.347
- - - - 8.783.285 8.783.285
21.945.284 7.586.565 10.789.630 27.434.248 13.932.132 81.687.859
(in million IDR)
December 31, 2022
(Audited)
Net Receivables Based on Remaining Contract Period
< 1 year >1 to 3 years >3 to 5 years >5 years Non Contractual Total
i j k l m n
13.163.016 1.493.553 274.214 3.708.076 4.795.709 23.434.567
- - 1.189.760 1.295.665 196 2.485.621
- - - - - -
245.544 - - 50.000 765.734 1.061.278
-
PT Bank KB Bukopin Tbk Annual Report 2023 239
Page 240
Management Analysis and Discussion of Company Performance
2) Disclosure of Net Receivables Based on the Remaining Term of Contract - Consolidated Bank with Subsidiaries
December 31, 2023
(Unaudited)
No. Portofolio Category Net Receivables Based on Remaining Contract Period
>1 to 3 >3 to 5 Non
< 1 year >5 years Total
years years Contractual
6 Receivables Securities 1.031.775 491.002 - 2.195 - 1.524.972
from Companies and Other
Financial Services Institutions
7 Receivables in the form of - - 50.000 - - 50.000
Securities/Subordinated
Receivables, Equity and
Other Capital Instruments
8 Credit Secured by Residential 645.739 692.047 1.499.188 1.586.754 131.345 4.555.073
Properties
9 Credit Secured by 3.314.608 1.450.615 1.991.320 4.377.662 516.690 11.650.895
Commercial Property
10 Credit for Land Acquisition, 600 - - - - 600
Land Processing and
Construction
11 Credit by Employees or 94.681 374.566 632.113 8.095.742 68.715 9.265.818
Retirees
12 Receivables from on Micro 1.205.685 614.452 380.625 268.112 555.149 3.024.023
Business, Small Business and
Retail Portfolio
13 Receivables from Corporates 5.105.517 1.178.221 3.764.467 4.490.271 2.936.391 17.474.866
14 Matured Receivable 970.215 820.460 1.081.244 2.041.615 65.085 4.978.620
15 Other Assets - - - - 7.971.831 7.971.831
Total 19.857.807 6.858.199 12.585.040 28.532.725 13.717.467 81.551.238
4) Disclosure of Net Receivables by Region - Consolidated Bank with Subsidiarie
1) Disclosure of Net Receivables Based on Remaining Contract Period - Bank Individually
December 31, 2023
(Unaudited)
No. Description
Regions
Jawa Sumatera Others
a b c d e
1 Receivables 62.469.306 3.275.166 5.591.413
2 Impaired Receivables 8.573.894 412.375 670.399
a. Non-Past Due 2.261.363 50.415 90.738
b. Past Due 6.312.530 361.960 579.661
3 CKPN - Stage 1 384.774 32.677 55.647
4 CKPN - Stage 2 784.033 5.168 7.042
5 CKPN – Stage 2 1.741.708 125.237 271.356
6 Written-Off receivables
240 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 241
(in million IDR)
December 31, 2022
(Audited)
Net Receivables Based on Remaining Contract Period
< 1 year >1 to 3 years >3 to 5 years >5 years Non Contractual Total
-
-
20.440 46.928 91.117 745.463 119.108 1.023.055
111.636 106.964 104.787 266.015 255.970 845.372
-
162.723 363.425 673.772 7.561.057 292.207 9.053.184
1.081.307 992.885 784.969 894.542 615.664 4.369.367
7.469.991 4.637.315 8.048.721 11.695.972 2.509.862 34.361.861
139.467 263.528 276.829 1.217.458 334.331 2.231.613
-14.000 - - - 9.290.032 9.276.032
22.380.123 7.904.596 11.444.168 27.434.248 18.978.813 88.141.949
December 31, 2022
(Audited)
Regions
Total Jawa Sumatera Others Total
h i j k n
71.335.885 68.981.972 5.862.980 7.732.548 82.577.500
9.656.668 2.694.622 539.463 968.646 4.202.731
2.402.516 979.484 167.731 254.475 1.401.690
7.254.152 1.715.138 371.733 714.170 2.801.041
473.098 385.729 65.629 78.126 529.484
796.244 61.385 9.769 11.690 82.844
2.138.301 496.440 86.032 224.325 806.797
12.523.033 11.399.784
PT Bank KB Bukopin Tbk Annual Report 2023 241
Page 242
Management Analysis and Discussion of Company Performance
2)Disclosure of Receivables and Provisions by Region - Consolidated Bank with Subsidiaries
December 31, 2023
(Unaudited)
No. Description
Regions
Jawa Sumatera Others
a b c d e
1 Receivables 68.345.464 4.307.231 6.253.584
2 Impaired Receivables 8.586.416 443.536 711.242
a. Non-Past Due 2.633.965 110.173 150.211
b. Past Due 6.481.087 408.621 655.690
3 CKPN - Stage 1 440.700 41.905 317.388
4 CKPN - Stage 2 805.880 5.933 8.124
5 CKPN – Stage 2 1.822.385 142.407 319.660
6 Written-Off receivables 40.087 - 3.100
5) Disclosure of Receivables and Provisions by Economic Sector
- Banks Individually
1)Disclosure of Receivables and Provisions by Economic Sector - Banks Individually
(in million IDR)
Impaired Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivables
Non-past Stage 1 Stage 2 Stage 3 Receivables
Past Due
Due
a b c d e f g h i
31 Desember 2023 (Unaudited)
1 Agriculture, Forestry, and 924.532 968 186.681 10.038 29.913 9.953
Fisheries
2 Mining and Excavation 2.355.983 3.407 3.407 18.980 130 282.307
3 Processing Industry 5.557.796 108.910 108.910 68.876 38.442 70.782
4 Electricity, Gas, Steam/Hot 1.837.904 - - 20.781 9.554 8.859
and Cold Water
5 Waste Water Management, 50.799 1.828 1.828 617 137 43
Waste Management and
Recycling
6 Construction 3.633.799 486.028 486.028 25.235 301.130 90.043
7 Wholesale and retail trading; 4.929.221 230.421 230.421 49.441 117.602 267.298
Car and Motorcycle Reparation
and Maintenance
8 Transport and Warehouse 2.341.064 20.612 20.612 21.642 23.160 154.331
9 Accommodation, food and 3.625.104 1.113.269 1.113.269 29.243 180.175 7.016
beverage supply
10 Information and 718.492 - - 9.017 - 1.326
Communication
11 Finance and Insurance 2.926.984 30.651 30.651 31.939 3.023 80.453
Activities
242 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 243
December 31, 2022
(Unaudited)
Regions
Total Jawa Sumatera Others Total
h i j k n
78.906.278 77.557.925 6.444.015 7.766.936 91.768.876
9.741.194 3.416.436 688.782 980.275 5.085.493
2.894.348 1.529.461 250.617 264.985 2.045.062
7.545.398 1.886.975 438.165 715.290 3.040.430
799.993 429.880 71.803 82.085 583.768
819.937 76.961 12.078 16.198 105.237
2.284.452 651.079 100.770 239.836 991.685
13.111.741 11.399.784
(in million IDR)
Impaired Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivables
Non-past Stage 1 Stage 2 Stage 3 Receivables
Past Due
Due
12 Real Estate 1.430.061 4.893 4.893 15.114 11.962 31.188
13 Professional, Scientific, and 243.984 6.969 6.969 2.601 - 10.318
Technical Activities
14 Rental and Leasing Activities 632.048 5.736 5.736 8.087 511 14.857
without Option Rights,
Employment, Travel Agencies,
and Other Business Support
15 Government Administration, - - - - - -
Defence, and Mandatory
Social Security
16 Education 620.510 - - 7.900 403 5.333
17 Human Health Activities and 150.070 4.609 4.609 1.819 - 13.875
Social Activities
18 Arts, Entertainment, and 229.681 189.380 189.380 439 59.999 774
Recreation
19 Other Services Activities 61.393 - - 685 - 1.636
20 Household as Employer 1.478 878 878 8 86 -
Activities
21 International and Other Extra - - - - - -
International Activitie
22 Household 12.569.498 191.479 191.479 107.780 19.747 1.075.953
23 Non-Business Activities - - - - - -
24 Others 22.329.722 - - 42.639 239 11.466
Total 67.170.123 2.400.037 2.585.749 472.882 796.212 2.137.811 12.523.033
PT Bank KB Bukopin Tbk Annual Report 2023 243
Page 244
Management Analysis and Discussion of Company Performance
(in million IDR)
Impaired Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivables
Non-past Stage 1 Stage 2 Stage 3 Receivables
Past Due
Due
a b c d e f g h i
December 31, 2022 (Audited)
1 Agriculture, Forestry, and 1.252.588 16.524 55.166 16.291 917 26.617
Fisheries
2 Mining and Excavation 2.480.054 71.138 0 30.415 519 15.449
3 Processing Industry 4.662.159 58.445 46.378 60.412 4.473 15.212
4 Electricity, Gas, Steam/Hot 604.052 8.001 1.500 7.507 483 419
and Cold Water
5 Waste Water Management, 9.879 215 - 141 34 -
Waste Management and
Recycling
6 Construction 4.459.375 290.209 94.951 54.106 23.238 27.130
7 Wholesale and retail trading; 6.986.769 389.125 213.553 87.587 12.400 86.695
Car and Motorcycle Reparation
and Maintenance
8 Transport and Warehouse 2.313.532 67.071 82.355 28.468 2.838 23.452
9 Accommodation, food and 3.407.269 88.303 120.793 41.531 6.094 46.700
beverage supply
10 Information and 197.922 950 2.196 2.578 89 614
Communication
11 Finance and Insurance 2.360.786 85.887 184.349 24.295 2.841 56.717
Activities
12 Real Estate 2.337.322 36.329 7.597 29.149 2.360 4.970
13 Professional, Scientific, and 300.190 12.314 36.200 3.281 673 10.111
Technical Activities
14 Rental and Leasing Activities 222.539 13.532 2.665 2.992 1.232 744
without Option Rights,
Employment, Travel Agencies,
and Other Business Support
15 Government Administration, - - - - - -
Defence, and Mandatory
Social Security
16 Education 706.009 14.989 4.835 9.226 1.231 1.342
17 Human Health Activities and 194.668 2.771 4.266 2.710 237 1.168
Social Activities
18 Arts, Entertainment, and 171.510 115 4.950 2.106 3 959
Recreation
19 Other Services Activities 75.529 13.397 2.521 690 958 830
20 Household as Employer 2.001 - - 29 - -
Activities
21 International and Other Extra - - - - - -
International Activities
22 Household 13.188.477 232.158 1.936.228 124.979 22.190 487.568
23 Non-Business Activities 36.644.872 216 539 993 34 100
24 Others
Total 82.577.500 1.401.690 2.801.041 529.484 82.844 806.797 11.399.784
244 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 245
2) Disclosure of Receivables and Provisions by Economic Sector - Banks
by consolidation with Entity
(in million IDR)
Impared Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivable
Stage 1 Stage 2 Stage 3 Receivables
Non-Over
Over Due
Due
a b c d e f g h i
December 31, 2023 (Unaudited)
1 Agriculture, Forestry, and 1.082.237 158.586 186.768 11.562 29.966 9.953
Fisheries
2 Mining and Excavation 2.456.787 100.653 6.804 19.953 465 285.094
3 Processing Industry 5.988.110 517.090 110.300 72.388 38.892 71.079
4 Electricity, Gas, Steam/Hot and 2.127.060 289.156 - 23.650 9.557 8.859
Cold Water
5 Waste Water Management, 50.799 1.828 1.828 617 137 43
Waste Management and
Recycling
6 Construction 3.860.327 683.241 514.795 26.902 301.597 93.295
7 Wholesale and retail trading; 5.941.039 1.125.783 346.886 56.807 120.114 276.630
Car and Motorcycle Reparation
and Maintenance
8 Transport and Warehouse 2.862.916 440.216 40.639 26.218 24.095 168.982
9 Accommodation, food and 3.873.627 1.357.092 1.117.970 31.679 180.175 7.803
beverage supply
10 Information and 790.011 71.519 - 9.733 - 1.326
Communication
11 Finance and Insurance 3.089.305 191.417 32.206 33.190 3.384 80.586
Activities
12 Real Estate 1.594.703 165.316 9.112 16.609 11.971 31.415
13 Professional, Scientific, and 263.370 20.777 12.546 2.737 - 10.496
Technical Activities
14 Rental and Leasing Activities 792.707 161.780 10.350 9.482 661 14.976
without Option Rights,
Employment, Travel Agencies,
and Other Business Support
15 Government Administration, - - - - - -
Defence, and Mandatory Social
Security
16 Education 1.607.499 986.812 177 17.464 519 5.339
17 Human Health Activities and 792.818 611.390 35.182 7.301 792 14.434
Social Activities
18 Arts, Entertainment, and 255.387 190.086 189.380 1.068 59.999 774
Recreation
19 Other Services Activities 241.812 178.782 1.639 2.439 26 3.193
20 Household as Employer 50.792 50.192 878 502 86 -
Activities
21 International and Other Extra - - - - - -
International Activities
PT Bank KB Bukopin Tbk Annual Report 2023 245
Page 246
Management Analysis and Discussion of Company Performance
(in million IDR)
Impared Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivable
Stage 1 Stage 2 Stage 3 Receivables
Non-Over
Over Due
Due
22 Household 12.835.876 397.361 251.976 109.560 20.011 1.100.247
23 Non-Business Activities 78.952 78.157 795 329 15 123
24 Others 22.384.411 3.393 52.199 42.650 239 66.952
Total 73.020.545 7.780.625 2.922.428 522.837 802.702 2.251.600 12.523.033
(in million IDR)
Impared Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivable Non-Over
Over Due Stage 1 Stage 2 Stage 3 Receivables
Due
a b c d e f g h i
December 31, 2022 (Audited)
1 Agriculture, Forestry, and 1.280.670 19.627 55.253 16.540 963 29.547
Fisheries
2 Mining and Excavation 2.587.442 77.526 371 31.425 737 20.858
3 Processing Industry 4.760.993 67.237 47.768 61.300 4.582 23.875
4 Electricity, Gas, Steam/Hot and 888.514 8.464 1.500 10.348 483 884
Cold Water
5 Waste Water Management, 9.879 215 - 141 34 -
Waste Management and
Recycling
6 Construction 4.780.878 326.600 105.703 64.674 23.674 31.340
7 Wholesale and retail trading; 8.172.752 576.066 290.816 97.198 19.310 126.970
Car and Motorcycle Reparation
and Maintenance
8 Transport and Warehouse 2.803.312 153.270 83.248 31.545 4.006 34.162
9 Accommodation, food and 3.643.199 90.744 127.785 43.779 6.219 48.369
beverage supply
10 Information and 197.922 950 2.196 3.799 89 635
Communication
11 Finance and Insurance 2.633.167 85.887 185.912 27.009 2.841 56.863
Activities
12 Real Estate 2.787.764 62.431 21.509 31.314 2.360 5.113
13 Professional, Scientific, and 300.190 12.314 36.200 3.426 774 10.486
Technical Activities
14 Rental and Leasing Activities 222.539 13.532 2.665 4.800 1.239 980
without Option Rights,
Employment, Travel Agencies,
and Other Business Support
15 Government Administration, 16 - - - - -
Defence, and Mandatory Social
Security
16 Education 1.366.470 22.395 5.012 15.580 1.335 1.342
17 Human Health Activities and 677.371 52.416 58.627 6.804 877 2.062
Social Activities
18 Arts, Entertainment, and 198.921 521 4.950 2.147 3 959
Recreation
246 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 247
(in million IDR)
Impared Receivables
CKPN CKPN CKPN Written-off
No. Economic Sector Receivable
Stage 1 Stage 2 Stage 3 Receivables
Non-Over
Over Due
Due
19 Other Services Activities 146.004 71.869 2.521 1.243 2.082 54.558
20 Household as Employer 14.261 - - 151 - -
Activities
21 International and Other Extra - - - - - -
International Activities
22 Household 17.095.145 289.620 1.936.729 125.549 22.260 487.605
23 Non-Business Activities 37.201.470 113.378 71.664 4.995 11.369 55.077
24 Others
Total 91.768.876 2.045.063 3.040.430 583.768 105.237 991.685 11.399.784
6) Disclosure of Receivables Based on Days in Arrears
1) Disclosure of Receivables Based on Days in Arrears – Bank by Individuals (in million IDR)
December 31, 2023
(Unaudited)
No. Type of Exposure Receivables Based on Days in Arrears
>90 to 120 days >120 to 180 days > 180 days Total
a b c d e f
1 Credits included in Past Due Bills 114.900 227.649 3.565.619 3.908.167
2 Securities included in Past Due Bills - - - -
Total 114.900 227.649 3.565.619 3.908.167
2) Disclosure of Receivables Based on Days in Arrears – Bank by consolidation with subsidiaries
31 Desember 2023
(Unaudited)
No. Type of Exposure Tagihan Berdasarkan Hari Tunggakan
> 90 hari s.d. 120 > 120 hari s.d. 180
> 180 hari Total
hari hari
a b c d e f
1 Credits included in Past Due Bills 160.522 255.715 3.780.634 4.196.872
2 Securities included in Past Due Bills - - - -
Total 160.522 255.715 3.780.634 4.196.872
PT Bank KB Bukopin Tbk Annual Report 2023 247
Page 248
Management Analysis and Discussion of Company Performance
ADDITIONAL DISCLOSURES REGARDING THE TREATMENT OF NON-PERFORMING ASSETS (CRB-A)
a) Qualitative
1. Determination of asset quality refers to POJK No/40/POJK.03/2019 concerning Commercial Bank Asset Quality, where determination of credit
quality is determined based on assessment factors:
a. business prospect;
b. debtor performance; And
c. ability to pay
Based on this assessment, credit quality is determined to be Current, Special Mention, Substandard, Doubtful and Loss.
2. Credit Restructuring is an effort to repair/rescue/revitalize the Bank in its credit activities for debtors who are having difficulty fulfilling their
obligations. Where, the implementation of this restructuring must refer to regulatory and internal provisions regarding both implementation and
determination of relief.
b) Quantitative
1) Disclosure of Performing and Non-Performing Assets
1) Disclosure of Performing and Non-Performing Assets - Individual Banks (in million IDR)
December 31, 2023
Non Performing(KL, D, M Quality)
Performing
(L and DPK Quality) Impaired Non-impaired Receivables
Receivables
With >90 Days arrears With >90 Days arrears
Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value
a b c d e f g h
1 Marketable 17.608.965 109 - - - - - -
Securities
2 Credit 39.957.427 1.284.122 4.225.802 2.069.177 - - - -
a. Corporation 29.453.018 1.154.213 2.452.515 991.130 - - - -
b. ritel 10.504.409 129.909 1.773.287 1.078.047 - - - -
3 Administrative 762.345 - 76.980 - - - - -
Account
Transaction
2) Disclosure of Performing and Non-Performing Restructuring Assets (in million IDR)
December 31, 2023
Non Performing
(Kualitas KL, D, M)
Performing
(Kualitas L dan DPK) Non-impaired Receivables
Impaired Receivables
With >90 Days arrears With < 90 days arrrears
Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value
a b c d e f g h
1 Marketable 17.946.800 109 - - - - - -
Securities
2 Credit 45.040.070 1.359.963 4.992.757 2.230.892 - - - -
a. Corporation 33.365.827 1.217.265 2.521.857 1.035.741 - - - -
248 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 249
2) Disclosure of Performing and Non-Performing Restructuring Assets (in million IDR)
December 31, 2023
Non Performing
(Kualitas KL, D, M)
Performing
(Kualitas L dan DPK) Non-impaired Receivables
Impaired Receivables
With >90 Days arrears With < 90 days arrrears
Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value
b. ritel 11.674.243 142.698 2.470.900 1.195.151 - - - -
3 Administrative 1.348.934 - 76.980 - - - - -
Account
Transaction
1) Disclosure of Performing and Non-Performing Restructuring Assets – Bank individually (in million IDR)
December 31, 2023
Performing Non Performing(KL,
Stage 1 Stage 2 Stage 3
(L and DPK Quality) D, M Quality)
Gross Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value Value
a b c d e f g h i j
1 Marketable Securities - - - - - - - - -
2 Credit 12.711.073 924.086 2.624.776 1.119.887 8.002.219 108.153 4.578.497 761.203 2.755.133 1.174.618
a. Corporation 12.394.310 915.696 1.914.170 799.324 7.822.092 106.414 4.447.027 755.796 2.039.361 852.811
b. ritel 316.763 8.390 710.606 320.563 180.127 1.739 131.470 5.407 715.772 321.807
3 Administrative Account - - - - - - - - -
Transaction
2) Disclosure of Performing and Non-Performing Restructuring Assets - Bank Consolidated with Subsidiaries (in million IDR)
December 31, 2023
Performing Non Performing(KL,
Stage 1 Stage 2 Stage 3
(L and DPK Quality) D, M Quality)
Gross Gross Gross Gross Gross
Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN Carrying CKPN
Value Value Value Value Value
a b c d e f g h i j
1 Marketable - - - - - - - - - -
Securities
2 Credit 13.993.436 955.670 2.746.754 1.146.875 8.029.207 135.141 4.605.485 788.191 2.782.121 1.201.606
a. Corporation 13.408.496 943.641 1.942.816 804.478 7.827.246 111.568 4.452.181 760.950 2.044.515 857.965
b. ritel 584.940 12.029 803.939 342.396 201.960 23.572 153.303 27.240 737.605 343.640
3 Administrative - - - - - - - - - -
Account Transaction
PT Bank KB Bukopin Tbk Annual Report 2023 249
Page 250
Management Analysis and Discussion of Company Performance
QUALITATIVE DISCLOSURES RELATED TO MRK TECHNIQUES (CRC)
The assessment of collateral must be carried out from the beginning of the credit granting, where the validity period for the
assessment and/or cracking of collateral is 18 (eighteen) months if carried out by a public appraiser (KJPP), 12 (twelve) months
if carried out by the Bank’s internal appraiser, and for collateral Certain crackings are carried out every 12 (twelve) months, either
by a public appraiser (KJPP) or the Bank’s internal appraiser.
1) Quantitative Disclosures related to MRK Techniques - Individual Banks
(in million IDR)
December 31, 2023
Receivables
Receivables Secured by Receivables
Receivables Receivables
Warranted Guarantee, Secured
Unwarranted with Warranted with
with MRK Underwriting by Credit
MRK Techniques Collateral
Techniques and/or Credit Derivatives
Insurance
a b=c+d c d e
1 Credit 41.287.834 2.895.395 398.890 2.496.504
2 Marketable Securities 17.608.965 - - -
3 Total 58.896.799 2.895.395 398.890 2.496.504
4 Credit and Securities that have 4.219.899 5.903 5.903 -
matured (Quality 3, 4, 5)
2) Quantitative Disclosures related to MRK Techniques - Consolidated Bank
(in million IDR)
December 31, 2023
Receivables
Receivables Secured by Receivables
Receivables Receivables
Warranted Guarantee, Secured
Unwarranted with Warranted with
with MRK Underwriting by Credit
MRK Techniques Collateral
Techniques and/or Credit Derivatives
Insurance
a b=c+d c d e
1 Credit 47.247.769 3.899.938 1.403.434 2.496.504
2 Marketable Securities 17.946.800 - - -
3 Total 65.194.569 3.899.938 1.403.434 2.496.504
4 Credit and Securities that have 4.437.195 144.355 75.129 69.226
matured (Quality 3, 4, 5)
250 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 251
DISCLOSURE OF THE USE OF EXTERNAL CREDIT RATINGS (CRD)
Currently, the Bank does not use external credit ratings.
1) Disclosure of Credit Risk Exposure and Impact of MRK Techniques - Individual Bank
(in million IDR)
December 31, 2023
Net Receivables before FKK Net Receivables after FKK
RWA and Average Risk
Implementation and MRK Implementation and MRK
Weight
Portfolio Category technique technique
Balance Balance Average
TRA TRA RWA
Sheet Report Sheet Report Risk Weight
(e/(c+d)) a b c d e f
1 Receivables from the Government 16.432.697,43 - 13.860.545,09 - - 0,0%
2 Receivables from Public Sector Entities 2.975.329,72 210.751,76 2.975.329,72 21.075,18 1.498.202,45 50,0%
3 Receivables from Multilateral Development - - - - - 0,0%
Banks and International Institutions
4 Receivables from Banks 367.341,43 6,00 367.341,43 0,60 136.555,48 37,2%
Claims to Securities Companies and Other 1.524.972,26 - 1.524.972,26 - 761.829,71 50,0%
Financial Services Institutions
5 Receivables in the form of Covered Bonds - - - - - 0,0%
6 Receivables from Corporations - General 11.795.670,15 1.692.617,65 11.795.670,15 495.992,90 8.463.306,09 68,9%
Corporate Exposure
Receivables from Securities Companies and 0,0%
Other Financial Services Institutions
Special Financing Exposure 1.031.805,75 59.838,28 1.031.805,75 - 668.553,94 64,8%
7 Receivables in the form of Securities/ 50.000,00 - 50.000,00 - 75.000,00 150,0%
Subordinated Receivables, Equity and Other
Capital Instruments
8 Receivables from on Micro Business, Small 1.993.097,25 2.763.099,07 1.993.097,25 388.865,75 1.591.891,40 66,8%
Business and Retail Portfolio
9 Credit Secured by Residential Properties 15.355.907,79 750.819,50 15.355.907,79 163.683,54 10.989.599,52 70,8%
Residential Property-Backaged Loans 1.701.539,71 23.449,63 1.701.539,71 5.411,34 566.084,52 33,2%
whose Payments Are Not Materially
Dependent on Property Cash Flow
Residential Property-Backaged Loans 2.711.495,45 13.120,11 2.711.495,45 1.571,80 1.195.103,14 44,0%
whose Payments Depend Materially on the
Property's Cash Flows
Commercial Property-Backed Credit whose 2.345.534,09 310.609,72 2.345.534,09 68.257,59 1.632.372,82 67,6%
Payment is Not Dependent Materially on
Property Cash Flow
Commercial Property-Backed Loans 8.597.338,54 403.640,03 8.597.338,54 88.442,81 7.596.039,05 87,5%
Where Payments Depend Materially on the
Property's Cash Flows
10 Credit for Land Acquisition, Land Processing 600,00 - 600,00 - 900,00 150,0%
and Construction
11 Matured Receivables 4.733.020,36 185.106,55 4.733.020,36 24.954,00 6.016.881,07 126,5%
12 Other Assets 7.435.101,24 - 7.435.101,24 - 7.886.837,12 106,1%
Credit from Employees and Retiree 9.188.420,78 20,66 9.188.420,78 8,26 4.594.214,52 50,0%
Total 63.695.543,38 5.662.238,81 61.123.391,04 1.094.571,95 38.089.556,78 61,2%
Total with Credit from Employee and Retiree 72.883.964,17 5.662.259,47 70.311.811,82 1.094.580,22 42.683.771,30 59,8%
PT Bank KB Bukopin Tbk Annual Report 2023 251
Page 252
Management Analysis and Discussion of Company Performance
2) Disclosure of Credit Risk Exposure and Impact of MRK Techniques - Consolidated Bank
(in million IDR
31 Desember 2023
Net Receivables before Net Receivables after FKK
RWA and Average Risk
FKK Implementation and Implementation and MRK
Weight
Portfolio Category MRK technique technique
Balance Balance Average
Sheet TRA Sheet TRA RWA Risk Weight
Report Report (e/(c+d))
a b c d e f
1 Receivables from the Government 17.656.442,07 - 13.860.545,09 - - 0,0%
2 Receivables from Public Sector Entities 2.975.546,79 210.751,76 2.975.438,25 21.075,18 1.498.212,87 50,0%
3 Receivables from Multilateral - - - - - 0,0%
Development Banks and International
Institutions
4 Receivables from Banks 401.475.80 6,00 374.168,30 0,60 143.382.35 38.3%
Claims to Securities Companies and 1.524.972,26 - 1.524.972,26 - 761.829,71 50,0%
Other Financial Services Institutions
5 Receivables in the form of Covered - - - - - 0,0%
Bonds
6 Receivables from Corporations - 15.849.451,14 2.071.408,17 15.849.451,14 571.751,00 12.418.994.01 75.6%
General Corporate Exposure
Receivables from Securities Companies - - - - 76,9% 0,0%
and Other Financial Services
Institutions
Special Financing Exposure 1.031.805,75 59.838,28 1.031.805,75 - 668.553,94 64,8%
7 Receivables in the form of Securities/ 50.000,00 - 50.000,00 - 75.000,00 150,0%
Subordinated Receivables, Equity and
Other Capital Instruments
8 Receivables from on Micro Business, 2.586.695.05 2.763.617,91 2.438.295,60 389.254,87 2.030.345.28 71.8%
Small Business and Retail Portfolio
9 Credit Secured by Residential 57,4% 750.819,50 15.355.907,79 163.683,54 10.989.599,52 70,8%
Properties
Residential Property-Backaged Loans 1.836.594,71 23.449,63 1.747.304,37 5.411,34 611.830,74 34,9%
whose Payments Are Not Materially
Dependent on Property Cash Flow
Residential Property-Backaged Loans 2.711.495,45 13.120,11 2.711.495,45 1.571,80 1.195.103,14 44,0%
whose Payments Depend Materially on
the Property's Cash Flows
Commercial Property-Backed Credit 2.896.856,09 310.609,72 2.896.856,05 68.257,59 2.183.694,78 73,6%
whose Payment is Not Dependent
Materially on Property Cash Flow
Commercial Property-Backed Loans 8.597.338,54 403.640,03 8.597.338,54 88.442,81 7.596.039,05 87,5%
Where Payments Depend Materially on
the Property's Cash Flows
10 Credit for Land Acquisition, Land 600,00 - 600,00 - 900,00 150,0%
Processing and Construction
11 Matured Receivables 4.879.649.69 185.106,55 4.879.649,69 24.954,00 6.163.510.40 125.7%
12 Other Assets 128,5% - 7.435.101,24 - 8.391.024,89 112,9%
Credit from Employees and Retiree 9.265.809,26 20,66 9.227.115,02 8,26 4.632.896,05 50,2%
Total 70.970.754 6.041.548 66.373.022 1.170.719 43.738.421 64.8%
Total with Credit from Employee and Retiree 80.236.563 6.041.569 75.600.137 1.170.727 48.371.317 63.0%
252 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 253
QUALITATIVE DISCLOSURES RELATED TO MRK TECHNIQUES (CRC)
The assessment of collateral must be carried out from the beginning of the credit granting, where the validity period for the
assessment and/or cracking of collateral is 18 (eighteen) months if carried out by a public appraiser (KJPP), 12 (twelve) months
if carried out by the Bank’s internal appraiser, and for collateral Certain crackings are carried out every 12 (twelve) months, either
by a public appraiser (KJPP) or the Bank’s internal appraiser.
1) Quantitative Disclosures related to MRK Techniques - Individual Banks
(in million IDR)
December 31, 2023
Receivables
Receivables Secured by Receivables
Receivables Receivables
Warranted Guarantee, Secured
Unwarranted with Warranted with
with MRK Underwriting by Credit
MRK Techniques Collateral
Techniques and/or Credit Derivatives
Insurance
a b=c+d c d e
1 Credit 41.287.834 2.895.395 398.890 2.496.504
2 Marketable Securities 17.608.965 - - -
3 Total 58.896.799 2.895.395 398.890 2.496.504
4 Credit and Securities that have 4.219.899 5.903 5.903 -
matured (Quality 3, 4, 5)
2) Quantitative Disclosures related to MRK Techniques - Consolidated Bank
(dalam jutaan rupiah)
December 31, 2023
Receivables
Receivables Secured by Receivables
Receivables Receivables
Warranted Guarantee, Secured
Unwarranted with Warranted with
with MRK Underwriting by Credit
MRK Techniques Collateral
Techniques and/or Credit Derivatives
Insurance
a b=c+d c d e
1 Credit 47.159.060 3.382.804 696.275 2.686.529
2 Marketable Securities 17.946.800 - - -
3 Total 65.105.860 3.382.804 696.275 2.686.529
4 Credit and Securities that have 4.399.372 5.903 5.903 -
matured (Quality 3, 4, 5)
PT Bank KB Bukopin Tbk Annual Report 2023 253
Page 254
Management Analysis and Discussion of Company Performance
1) Exposure Disclosure by Asset Class and Risk Weight - Individual Bank
December 31, 2023
Portfolio Category Net Receivables After Taking into Account the Impact of Credit Risk Mitigation
0% 10% 15% 20% 25% 30% 35% 37,5% 40% 45% 50% 52,5% 60% 65% 67,5%
Portfolio Category 0% 20% 50%
1 Receivables from 16.432.697 - -
the Government
Portfolio Category 20% 50%
2 Receivables from - 2.996.405
the Public Sector
Entities
Portfolio Category 0% 20% 30% 50%
3 Receivables - - - -
from Multilateral
Development
Banks and
International
Institutions
Portfolio Category 20% 30% 40% 50%
4 Receivables from 169.530 - - 197.811
the Bank
Receivables from - 619.779 - 411.996
the Securities
Companies and
Other Financial
Services
Institutions
Portfolio Category 10% 15% 20% 25% 35% 50%
5 Receivables in the - - - - - -
form of Covered
Bonds
Portfolio Category 0% 20% 30% 50% 65%5)
6 Receivables from 33.324 120.093 1.569.045 5.322.917
Corporations -
General Corporate
Exposure
Receivables
from Securities
Companies and
Other Financial
Services
Institutions
Special Financing 159.786 307.681
Exposure
254 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 255
December 31, 2023
Net Receivables After Taking into Account the Impact of Credit Risk Mitigation
70% 75% 80% 85% 90% 100% 105% 110% 112,5% 130% 150% 250% 400% 1250% Others
Net Receivables
before FKK
100% 150% Others Implementation
and MRK
technique
- 16.432.697
Net Receivables
before FKK
100% 150% Others Implementation
and MRK
technique
-
2.996.405
Net Receivables
before FKK
100% 150% Others Implementation
and MRK
technique
-
Net Receivables
before FKK
75% 100% 150% Others Implementation
and MRK
technique
1 -
367.342
493.197 -
1.524.972
Net Receivables
before FKK
100% Others Implementation
and MRK
technique
-
-
Net Receivables
before FKK
75% 80% 85% 100% 130% 150% Others Implementation
and MRK
technique
- - 483.638 7.529.016
-
26.964 486.301 61.116 1.041.848
PT Bank KB Bukopin Tbk Annual Report 2023 255
Page 256
Management Analysis and Discussion of Company Performance
Portfolio Category
7 Receivables in the
form of Securities/
Subordinated
Receivables,
Equity and
Other Capital
Instruments
Portfolio Category 0% 45%
8 Receivables from 75.716 659.590
on Micro Business,
Small Business and
Retail Portfolio
Portfolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60% 65%5)
9 Credit Secured
by Residential
Properties
Residential 4.764 566.848 231.942 430.678 133.312 126.919
Property-Backaged
Loans whose
Payments Are
Not Materially
Dependent on
Property Cash
Flow
without a credit
sharing approach
using a credit
sharing approach
(guaranteed)
using a credit
sharing approach
(guaranteed)
Residential 1.601.073 185.893 454.344 82.618
Property-Backaged
Loans whose
Payments Depend
Materially on the
Property's Cash
Flows
Commercial 244 - - - - 1.636.144
Property-Backed
Credit whose
Payment is Not
Dependent
Materially on
Property Cash
Flow
without a credit
sharing approach
using a credit
sharing approach
(guaranteed)
using a credit
sharing approach
(guaranteed)
256 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 257
Net Receivables
before FKK
100% 150% 250% 400%5) Others Implementation
and MRK
technique
- -
Net Receivables
before FKK
75% 85% 100% Others Implementation
and MRK
technique
1.045.830 600.827 - 2.381.963
Net Receivables
before FKK
70% 75% 85% 90% 100% 105% 110% 150% Others Implementation
and MRK
technique
-
212.488 - - - 1.706.951
-
-
-
43.010 346.129 2.713.067
101.069 676.335 - 2.413.792
-
-
-
PT Bank KB Bukopin Tbk Annual Report 2023 257
Page 258
Management Analysis and Discussion of Company Performance
Commercial 14.471
Property-Backed
Loans Where
Payments Depend
Materially on the
Property's Cash
Flows
Credit for Land
Acquisition, Land
Processing and
Construction
Portfolio Category 0% 50%
11 Matured 6.242 209.972
Receivables
Portfolio Category 0% 20%
12 Other Assets 254.501
Portfolio Category 50%
Credit from 9.188.429
Employees and
Retiree
December 31, 2023
Risk
No
Wright Net Receivables Balance TRA Net Receivables
Average FKK Net Receivables Balance Sheet
Sheet (before FKK)
1 < 40% 22.774.498 38.488 25% 9.809
2 40%-70% 25.099.822 3.347.326 16% 526.817
3 75% 1.657.686 205.515 12% 25.422
4 80% 26.928 184 19% 35
5 85% 1.274.314 25.250 11% 2.848
6 90%-100% 9.770.250 1.753.806 28% 493.926
7 105-130% 3.276.535 207.287 11% 22.589
8 150% 4.140.209 84.398 16% 13.134
9 250%
10 400%
11 1250%
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
Portfolio Category December 31, 2023
Portfolio Category 0% 20% 50%
1 Receivables 18.308.819 -
from the
Government
258 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 259
3.993.696 1.724.619 2.952.995 8.685.781
- 600 600
Net Receivables
before FKK
100% 150% Others Implementation
and MRK
technique
1.801.491 2.740.270 4.757.974
Net Receivables
before FKK
100% 150% 1250%5) Others Implementation
and MRK
technique
5.768.127 1.412.473 7.435.101
Net Receivables
before FKK
Others Implementation
and MRK
technique
9.188.429
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
December 31, 2023
Net
Receivables
afte FKK
100% 150% Others
Implementation
and MRK
technique
- - - 18.308.819
PT Bank KB Bukopin Tbk Annual Report 2023 259
Page 260
Management Analysis and Discussion of Company Performance
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
Portfolio Category December 31, 2023
Portfolio Category 20% 50%
2 Receivables 196 2.996.426
from the Public
Sector Entities
Portfolio Category 0% 20% 30% 50%
3 Receivables - - -
from Multilateral
Development
Banks and
International
Institutions
Portfolio Category 20% 30% 40% 50%
4 Receivables 198.824 - - 197.811
from the Bank
Receivables from - 619.779 - 411.996
the Securities
Companies and
Other Financial
Services
Institutions
Portfolio Category 10% 15% 20% 25% 35% 50%
5 Receivables - - - - -
in the form of
Covered Bonds
Portfolio Category 0% 20% 50% 65%5)
6 Receivables from 131.417 120.093 5.322.917 -
Corporations
- General
Corporate
Exposure
Receivables - - -
from Securities
Companies and
Other Financial
Services
Institutions
Special - -
Financing
Exposure
Portfolio Category
7 Receivables
in the form
of Securities/
Subordinated
Receivables,
Equity and Other
Capital
260 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 261
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
December 31, 2023
Net
Receivables
afte FKK
100% 150% Others
Implementation
and MRK
technique
- - - 2.996.622
Net
Receivables
afte FKK
100% 150% Others
Implementation
and MRK
technique
- - - -
Net
Receivables
afte FKK
75% 100% 150% Others
Implementation
and MRK
technique
1 - - - 396.636
493.197 - - - 1.524.972
Net
Receivables
afte FKK
100% Others
Implementation
and MRK
technique
- -
Net
Receivables
afte FKK
75% 100% 130% 150% Others
Implementation
and MRK
technique
- - - 4.456.185 - - 10.030.612
- - - - -
- 486.301 61.116 - 547.417
Net
Receivables
afte FKK
100% 150% 250% 400%5) Others
Implementation
and MRK
technique
- - - - -
PT Bank KB Bukopin Tbk Annual Report 2023 261
Page 262
Management Analysis and Discussion of Company Performance
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
Portfolio Category December 31, 2023
Portfolio Category 0% 45%
8 Instruments 84.708
Receivables
from on Micro
Business, Small
Business and
Retail Portfolio
Portfolio Category 0% 20% 25% 30% 35% 40% 45% 50% 60% 65%5)
9 Credit Secured - - - - - -
by Residential
Properties
Credit Secured 4.817 579.445 354.347 430.678 133.312 126.919 -
by Residential
Properties
Residential
Property-
Backaged
Loans whose
Payments Are
Not Materially
Dependent on
Property Cash
Flow
without a - -
credit sharing
approach
) using a
credit sharing
approach
(guaranteed)
using a credit
sharing
approach
(guaranteed)
using a credit - -
sharing
approach
(guaranteed)
Residential 1.601.073 185.893 454.344 82.618
Property-
Backaged Loans
whose Payments
Depend
Materially on the
Property’s Cash
Flows
Commercial 244 - - - - 1.636.144 -
Property-Backed
Credit whose
Payment is Not
Dependent
Materially on
Property Cash
Flow
without a - -
credit sharing
approach
using a credit -
sharing
approach
(guaranteed)
using a credit - - - - - -
sharing
approach
(guaranteed)
Commercial
Property-Backed
Loans Where
Payments
Depend
Materially on the
Property’s Cash
Flows
Credit for Land
Acquisition, Land
Processing and
Construction
262 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 263
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
December 31, 2023
Net
Receivables
afte FKK
75% 100% Others
Implementation
and MRK
technique
1.639.457 600.827 - 2.324.993
Net
Receivables
afte FKK
70% 75% 90% 100% 105% 110% 150% Others
Implementation
and MRK
technique
- - - - - - - -
212.488 - - - - 1.842.006
- - - - - -
-
- - - - - -
- 43.010 346.129 - 2.713.067
101.069 676.335 - - 2.413.792
-
-
- - - -
3.993.696 1.724.619 551.325 2.952.995 - 9.222.635
600 600
PT Bank KB Bukopin Tbk Annual Report 2023 263
Page 264
Management Analysis and Discussion of Company Performance
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
Portfolio Category December 31, 2023
Portfolio Category 50%
11 Matured 209.972
Receivables
Portfolio Category 0% 20%
12 Other Assets 289.165 -
Portfolio Category 0% 50%
Employee or 25 9.266.092
Retiree Credit
December 31, 2023
No Risk Weight Net Bills (After
Net Receivables TRA Net Receivables
Average FKK imposition of FKK and
Balance Sheet (before FKK)
MRK Technique)
1 < 40% 24.956.940 38.488 25% 9.809
2 40%-70% 25.177.507 3.347.326 16% 526.817
3 75% 2.251.313 205.515 12% 25.422
4 80-85% 26.928 184 19% 35
5 90%-100% 6.373.856 25.250 11% 2.848
6 105-130% 9.770.250 1.753.806 28% 493.926
7 150% 3.276.535 207.287 11% 22.589
8 250% 4.140.209 84.398 16% 13.134
9 400% - - -
10 1250% - - -
QUALITATIVE DISCLOSURE ON COUNTERPARTY CREDIT RISK EXPOSURE
Indonesia
Bank has to provide
• Risk management objectives and policies related to credit risk due to
counterparty credit risk, including:
• The method used to apply the operating limits defined on internal capital
for counterparty credit exposures and for CCP exposures;
• Policies relating to guarantees and risk mitigation and assessments For both Repo and Reverse Repo transactions, KB Bank refers to
related to counterparty risk, including exposure towards CCP; OJK Circular Letter No.24/SEOJK.03/2021 concerning Guidelines
for Calculating Risk-Weighted Assets for Credit Risk using a
• Policies regarding wrong-way risk exposure; standard approach.
• Impact on the value of collateral required to provide for a credit
downgrade.
264 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 265
2) Disclosure of Exposure by Asset Class and Risk Weight - Consolidated Bank
December 31, 2023
Net
Receivables
afte FKK
100% 150% Others
Implementation
and MRK
technique
1.980.964 2.740.270 4.931.205
Net
Receivables
afte FKK
100% 150% Others
Implementation
and MRK
technique
6.164.324 1.412.473 7.865.963
Net
Receivables
afte FKK
Others
Implementation
and MRK
technique
9.266.118
Analysis of Credit Risk Net Receivables due to counterparty failure based on the approach used
a b c d e f
Alpha
Potential
used for ATMR
Replacement Future Net
No English EEPE calculating RWA
Cost (RC) Exposure Receivables
regulatory
(PFE)
EAD
1 SA-CCR (for derivatives) 3.040 10.329 1,4 18.716 3.743
2 Internal Model Method (for N/A N/A
derivatives and SFTs)
3 Simple Approach for credit risk N/A N/A
mitigation (for SFTs)
4 Comprehensive Approach for N/A N/A
credit risk mitigation (for SFTs)
5 VaR for SFTs N/A N/A
6 Total 3.743
Qualitative Analysis
In accordance with SEOJK Number 48/SEOJK.03/2017, Calculation of Credit Risk RWA due to counterparty failure with
The Standard Approach Method for Bank Derivative Transactions uses the Replacement Cost calculation analysis method
derivative transactions without margin.
DISCLOSURE OF CCR EXPOSURE BASED ON PORTFOLIO CATEGORY AND RISK WEIGHT
Total Net
Risk Weight 0% 10% 20% 50% 75% 100% 150% Lainnya
Receivables
Portfolio Category -
Sovereigns 2.572.152 2.572.152
Non-central government -
public sector entities (PSEs)
Multilateral development -
banks (MDBs)
Banks -
Securities firms -
PT Bank KB Bukopin Tbk Annual Report 2023 265
Page 266
Management Analysis and Discussion of Company Performance
Total Net
Risk Weight 0% 10% 20% 50% 75% 100% 150% Lainnya
Receivables
Corporates -
Regulatory retail portfolios -
Other assets -
Total 2.572.152 - - - - - - - 2.572.152
Qualitative Analysis
Counterparty Credit Risk exposure in December 2023 comes from repo and reverse repo instruments, classified in the Government Receivables
portfolio category with a risk weight of 0%
a b
Protection bought Protection sold
Indonesia
Notional Value
Single-name credit default swaps
Index credit default swaps
Total return swaps
Credit options
Derivatif kredit lainnya
Other credit derivatives
Total Notional Value
Fair Value
Nilai wajar positif (aset)
Nilai wajar negatif (kewajiban)
Qualitative Analysis
As of December 2023, KB Bank has no net credit derivative claims (counterparty credit risk).
QUALITATIVE DISCLOSURES REGARDING SECURITIZATION EXPOSURES
Qualitative Disclosure
A) Banks should describe the risk management objectives and policies for
securitization activities and the key features of these activities based on the
framework below. If a bank has a securitization position in the statement of
financial position and administrative account transactions, the bank must explain
the points below with different activities in each regulatory book.
The bank's objectives regarding securitization and re-securitization activities, As an effort to diversify risk, the Company places a number
including the activity of transferring credit risk of the underlying securitization of portfolios in the form of securitization or Asset-Backed
exposure from the bank to another entity, the type of risk assumed and the type Securities Collective Investment Contracts (KIK EBA). The
of risk retained. Company has carried out the first securitization of a collection
of pensioner credit claims which was then transferred to the
Bahana Bukopin Asset-Backed Securities Collective Investment
Contract - Transferred Pensioner Credit Bill Collection (KIK EBA
BB). Furthermore, KIK-EBA BB issued Asset Backed Securities
(EBA) which is a form of participation in joint ownership of the
Collection of Bills.
266 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 267
Securitization Exposure on Banking Book
a b c e f g j k
Bank as Originator Bank as Sponsors Bank as Investors
Sub-
No Traditional Synthetic Traditional Synthetic Sub-total Traditional Synthetic Sub-total
total
1 Retail (total) – of which - - - - - - 119.600 - 119.600
2 residential mortgage
3 credit card
4 other retail exposures 119.600 119.600
5 re-securitisation
6 Wholesale (total) – of - - - - - - - -
which
7 loans to corporates
8 commercial mortgage
9 lease and receivables
10 other wholesale
11 re-securitisation
Qualitative Analysis
In December 2023, all of the Bank’s securitization exposures can only be found in the Banking Book where the Bank is an
investor
Securitization Exposure on Trading Book
a b c e f g j k
Bank as Originator Bank as Sponsors Bank as Investors
No Indonesia Traditional Synthetic Sub-total Traditional Synthetic Sub-total Traditional Synthetic Sub-total
1 Retail (total) – of - - - - - - - -
which
2 residential mortgage
3 credit card
4 other retail exposures
5 re-securitisation
6 Wholesale (total) - of - - - - - - - -
which
7 loans to corporates
8 commercial mortgage
9 lease and receivables
10 other wholesale
11 re-securitisation
Qualitative Analysis
In December 2023, the Bank has no securitization exposure in the Trading Book
PT Bank KB Bukopin Tbk Annual Report 2023 267
Page 268
Management Analysis and Discussion of Company Performance
Securitization exposure on the banking book when the bank is the originator or sponsor and its capital requirements
a b c d e f g h i
Exposure value Exposure value
(based on Risk Weight) (based on regulatory approach)
>20%
≤20% >100% to 1250% IRB RBA
to 50% >50% to 100% IRB SA/
No Risk <1250% Risk (include 1250%
Risk Risk Weight SFA SSFA
Weight Risk Weight Weight IAA)
Weight
1 Total exposures - - - - - - - -
2 Traditional securitisation
3 Of which securitisation
4 Of which retail underlying
5 Of which wholesale
6 Of which re-securitisation
7 Of which senior
8 Of which non-senior
9 Synthetic securitisation
10 Of which securitisation
11 Of which retail underlying
12 Of which wholesale
13 Of which re-securitisation
14 Of which senior
15 Of which non-senior
Qualitative Analysis
In December 2023, the Bank does not have securitization exposure in the banking book when the bank is the originator or sponsor and its capital
requirements
Securitization exposure on the banking book when the bank is the originator or sponsor and its capital requirements
a b c d e f g h i
Exposure value Exposure value
(based on Risk Weight) (based on regulatory approach)
>20%
≤20% >100% to 1250% IRB RBA
to 50% >50% to 100% IRB SA/
No Risk <1250% Risk (include 1250%
Risk Risk Weight SFA SSFA
Weight Risk Weight Weight IAA)
Weight
1 Total exposures - - -
2 Traditional securitisation
3 Of which securitisation
4 Of which retail underlying 119.600 119.600
5 Of which wholesale
6 Of which re-securitisation
7 Of which senior
8 Of which non-senior
9 Synthetic securitisation
268 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 269
j k l m o p q
ATMR
Capital charge after cap
(based on regulatory approach)
IRB RBA
IRB SFA SA/SSFA 1250% IRB SFA SA/SSFA 1250%
(include IAA)
- - - - -
j k l m o p q
ATMR
Capital charge after cap
(based on regulatory approach)
IRB RBA
IRB SFA SA/SSFA 1250% IRB SFA SA/SSFA 1250%
(include IAA)
-
59.800 5.980
PT Bank KB Bukopin Tbk Annual Report 2023 269
Page 270
Management Analysis and Discussion of Company Performance
Securitization exposure on the banking book when the bank is the originator or sponsor and its capital requirements
a b c d e f g h i
Exposure value Exposure value
(based on Risk Weight) (based on regulatory approach)
>20%
≤20% >100% to 1250% IRB RBA
to 50% >50% to 100% IRB SA/
No Risk <1250% Risk (include 1250%
Risk Risk Weight SFA SSFA
Weight Risk Weight Weight IAA)
Weight
10 Of which securitisation
11 Of which retail underlying
12 Of which wholesale
13 Of which re-securitisation
14 Of which senior
15 Of which non-senior
Qualitative Analysis
In December 2023, all Bank securitization exposures have a weight of 1250% with RWA calculations using the standard method
MARKET RISK DISCLOSURE USING STANDARD METHODS
2023 December Position 2022 December Position
No. Type of Risk Individual Consolidation Individual Consolidation
Capital Capital Capital Capital
RWA RWA RWA RWA
Expense Expense Expense Expense
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1 Interest Rate
Risk
a.Specific Risk
b. General Risk 0 1 0 1 12.192 152.395 12.192 152.395
2 Exchange Risk 15.772 197.153 15.772 197.153 13.209 165.119 13.209 165.119
3 Equity Risk *)
4 Comodity Risk*)
5 Option Risk
Total Market 15.772 197.154 15.772 197.154 25.401 317.514 25.401 317.514
Risk RWA
CVA 41 41
Total Market 15.772 197.195 15.772 197.195 25.401 317.514 25.401 317.514
Risk RWA+CVA
*) For banks that have subsidiary companies that have exposure to the risk in question
270 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 271
j k l m o p q
ATMR
Capital charge after cap
(based on regulatory approach)
IRB RBA
IRB SFA SA/SSFA 1250% IRB SFA SA/SSFA 1250%
(include IAA)
RISK MANAGEMENT IMPLEMENTATION REPORT FOR
INTEREST RATE RISK IN BANKING BOOKS
(INTEREST RATE RISK IN THE BANKING BOOK)
Qualitative Analysis
Implementation of Risk Management for the IRRBB, apart from referring to the general Risk Management implementation guidelines as regulated
in the provisions of the Financial Services Authority which regulate the implementation of risk management for commercial banks, the Bank adds
aspects of risk management for the IRRBB.
The risk identification process adjusted to the IRRBB is inherent in the Bank’s products and activities. The Bank ensures that the process has
adequate procedures and monitoring. The IRRBB identification process includes identification of IRRBB sources such as gap risk, basis risk and
option risk which can affect the Bank’s interest income and the economic value of the Bank’s financial position, as well as available capital to
anticipate the impact of the IRRBB.
In measuring IRRBB, the Bank uses 2 (two) complementary methods, namely EVE and Net Interest Income (NII) which cover interest rate shock
scenarios and stress scenarios with a wide and precise range. Measurement based on changes in EVE is a method that measures the impact of
changes in interest rates on the economic value of Bank equity. Measurement based on EVE is the management of interest rate risk in the long term
based on the remaining term until maturity. Meanwhile, measurement based on changes in Nll is a method that measures the impact of changes
in interest rates on the bank’s profitability (earnings), changes in interest rates can occur gradually or at one time with a large nominal shock.
Measurement based on Nll is interest rate risk management with a short to medium term estimation period with the assumption that the Bank is
able to continue operational business (going concern perspective).
In order to control IRRBB risk, the Bank monitors the IRRBB ratio (especially in the EVE method) in accordance with regulatory provisions (Risk
assessment limits as per SEOJK Number 12/SEOJK.03/2018). This needs to be done to anticipate reaching the maximum limit, in order to prevent
exceeding the limits set by the regulator.
Banks simulate shocks in calculating IRRBB. IRRBB exposure measurement is carried out based on 6 (six) interest rate shock scenarios as follows:
1. Parallel shock up in interest rates;
2. Parallel downward shock in interest rates;
3. Steepener shock with a combination of decreasing short-term interest rates and increasing short-term interest rates (short rates down and
long rates up);
4. Flattener shock with a combination of increasing short-term interest rates and decreasing short-term interest rates (short rates up and long
rates down);
5. Short-term interest rate shock increases (short rates shock up); And
6. Short term interest rate shock decreases (short rates shock down).
The shock simulation in the IRRBB calculation using the EVE method is based on 6 (six) shock scenarios.
Meanwhile, the shock simulation in the IRRBB calculation using the Nll method is based on 2 (two) shock scenarios, namely a parallel upward
interest rate shock (parallel shock up) and a parallel downward interest rate shock (parallel shock down).
The Bank uses an internal method to calculate the average NMD maturity by considering the behavior of Non-Maturity Deposits (NMD). The Bank
uses a simple statistical approach to determine the run of rate, volatility and sensitivity of NMD to changes in interest rates.
PT Bank KB Bukopin Tbk Annual Report 2023 271
Page 272
Management Analysis and Discussion of Company Performance
Quantitative Analysis
The Bank uses an internal method to calculate the average NMD maturity by considering the behavior of the NMD. Based on behavioral analysis for
NMD using the bank’s internal model, the average period for interest rate adjustment (repricing maturity) of NMD is a maximum of 3 (three) years,
while the longest adjustment period applied for NMD is a maximum of 4 (four) years.
IRRBB CALCULATION REPORT
Bank Name : PT Bank KB Bukopin Tbk (Individual)
Report Position : December 2023
Currency : IDR
In Million IDR Δ EVE Δ NII
Period Dec-23 Jun-23 Dec-23 Jun-23
Parallel up -74.702 -68.054 -250.026 -202.156
Parallel down -228.660 -255.337 250.026 202.156
Steepener 630.564 669.656
Flattener -454.999 -482.180
Short rate up -418.214 -435.318
Short rate down 399.132 421.362
Negative Maximum Value (absolute) 454.999 482.180 250.026 202.156
Tier 1 Capital (for ΔEVE) or Projected Income 7.954.561 12.050.227 3.884.648 4.281.457
(for Δ NII)
Maximum Value divided by Tier 1 Capital (for 5,72% 4,00% 6,44% 4,72%
ΔEVE) or Projected Income (for Δ NII)
Bank Name : PT Bank KB Bukopin Tbk (Individual)
Report Position : December 2023
Currency : IDR
In Million IDR Δ EVE Δ NII
Period Dec-23 Jun-23 Dec-23 Jun-23
Parallel up 27.937 36.441 -146.997 -108.742
Parallel down -38.370 -47.578 146.997 108.742
Steepener 31.421 16.407
Flattener -22.353 -7.616
Short rate up -10.615 7.202
Short rate down 3.086 -14.664
Negative Maximum Value (absolute) 38.370 47.578 146.997 108.742
Tier 1 Capital (for ΔEVE) or Projected Income 7.954.561 12.050.227 205.282 398.668
(for Δ NII)
Maximum Value divided by Tier 1 Capital (for 0,48% 0,39% 71.61% 27,28%
ΔEVE) or Projected Income (for Δ NII)
Bank Name : PT Bank KB Bukopin Tbk (Konsolidasi)
Report Position : December 2023
Currency : IDR
272 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 273
In Million IDR Δ EVE Δ NII
Period Dec-23 Jun-23 Dec-23 Jun-23
Parallel up -71.548 -54.553 -340.212 -302.675
Parallel down -274.729 -320.248 340.212 302.675
Steepener 729.979 775.160
Flattener -524.622 -553.772
Short rate up -477.730 -491.496
Short rate down 450.685 468.029
Negative Maximum Value (absolute) 524.622 553.772 340.212 302.675
Tier 1 Capital (for ΔEVE) or Projected Income 10.035.311 13.347.080 4.473.695 4.911.227
(for Δ NII)
Maximum Value divided by Tier 1 Capital (for 5,23% 4,15% 7,60% 6,16%
ΔEVE) or Projected Income (for Δ NII)
Bank Name : PT Bank KB Bukopin Tbk (Konsolidasi)
Report Position : Desember 2023
Currency : US Dollar
In Million IDR Δ EVE Δ NII
Period Dec-23 Jun-23 Dec-23 Jun-23
Parallel up 27.937 36.441 -146.997 -108.742
Parallel down -38.370 -47.578 146.997 108.742
Steepener 31.421 16.407
Flattener -22.353 -7.616
Short rate up -10.615 7.202
Short rate down 3.086 -14.664
Negative Maximum Value (absolute) 38.370 47.578 146.997 108.742
Tier 1 Capital (for ΔEVE) or Projected Income 10.035.311 13.347.080 205.282 398.668
(for Δ NII)
Maximum Value divided by Tier 1 Capital (for 0,38% 0,36% 71.61% 27,28%
ΔEVE) or Projected Income (for Δ NII)
CALCULATION REPORT
QUARTERLY LIQUIDITY COVERAGE RATIO
Bank Name : PT Bank KB Bukopin Tbk.
Report Position : Quarter IV - 2023
PT Bank KB Bukopin Tbk Annual Report 2023 273
Page 274
Management Analysis and Discussion of Company Performance
(in million IDR)
INDIVIDUAL CONSOLIDATION
Quarter IV – 2023 Position Quarter III – 2023 Position Quarter IV – 2023 Position Quarter III – 2023 Position
HQLA HQLA value HQLA value
value after after haircut after haircut or
HQLA value
haircut or or outstanding
after haircut
Outstanding outstanding Outstanding outstanding Outstanding obligations
Outstanding or outstanding
value of obligations value of obligations value of and
No Component value of obligations and
obligations and obligations and obligations commitments
obligations and commitments
and commitments and commitments and multiplied by
commitments multiplied by
commitments multiplied by commitments multiplied by commitments run-off rate or
/ value of run-off rate or
/ value of run-off rate or / value of run-off rate or / value of contractual
contractual contractual
contractual contractual contractual contractual contractual receivables
receivables receivables value
receivables receivables receivables receivables receivables value
times inflow
value value times inflow
rate
times inflow times inflow rate
rate rate
1. Number of 63 days 0 62 days 63 days 0 62 days
Points data
used in the
calculation of
LCR
HIGH QUALITY LIQUID ASSET (HQLA)
2. Total High 13.792.918 0 14.636.862 15.670.386 0 16.692.850
Quality Liquid
Asset (HQLA)
ARUS KAS KELUAR (CASH OUTFLOWS)
3. Individual 11.369.453 913.730 11.265.299 890.802 13.724.099 1.089.506 13.741.622 1.074.451
Deposit and
SME Deposit,
consist of:
a. Stable 4.464.300 223.215 4.714.560 235.728 5.658.073 282.904 5.994.225 299.711
Deposits
b. Non-Stable 6.905.153 690.515 6.550.739 655.074 8.066.027 806.603 7.747.398 774.740
Deposit
4. Wholesale 8.673.055 3.737.795 7.564.630 3.073.084 11.317.050 5.630.440 10.151.006 4.849.435
Deposit,
consist of
a. operational 5.071.989 1.128.580 4.684.529 938.204 5.611.743 1.208.839 5.283.437 1.045.672
deposits
b. Non 3.601.066 2.609.215 2.880.102 2.134.880 5.705.306 4.421.601 4.867.569 3.803.763
Operational
Deposit
and/or
liabilities
which
are non
operational
c. Bonds - - - - - - -
issued
(unsecured)
5. Secured - 0 - - 0 -
funding
6. Additional 17.136.557 11.146.922 16.794.484 10.999.313 17.163.522 11.173.888 16.867.234 11.072.063
Requirement
Cash Outflow,
consist of:
a. Derivative 2.219.012 2.219.012 2.142.404 2.142.404 2.219.012 2.219.012 2.142.404 2.142.404
Cash Outflow
b. Cash - - - - - - - -
Outflow
due to an
increased
in liquidity
demand
274 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 275
(in million IDR)
INDIVIDUAL CONSOLIDATION
Quarter IV – 2023 Position Quarter III – 2023 Position Quarter IV – 2023 Position Quarter III – 2023 Position
HQLA HQLA value HQLA value
value after after haircut after haircut or
HQLA value
haircut or or outstanding
after haircut
Outstanding outstanding Outstanding outstanding Outstanding obligations
Outstanding or outstanding
value of obligations value of obligations value of and
No Component value of obligations and
obligations and obligations and obligations commitments
obligations and commitments
and commitments and commitments and multiplied by
commitments multiplied by
commitments multiplied by commitments multiplied by commitments run-off rate or
/ value of run-off rate or
/ value of run-off rate or / value of run-off rate or / value of contractual
contractual contractual
contractual contractual contractual contractual contractual receivables
receivables receivables value
receivables receivables receivables receivables receivables value
times inflow
value value times inflow
rate
times inflow times inflow rate
rate rate
c. Cash - - - - - - - -
Outflow due
to loss of
Funding
d. Cash 689.278 68.928 790.171 79.017 689.278 68.928 790.171 79.017
Outflow due
to withdrawal
from credit
facility and
liquidity
facility
e. Cash - - - - - - - -
Outflow due
to contractual
obligation on
channeling
Funds
f. Cash 5.418.333 49.049 5.139.254 55.238 5.418.333 49.049 5.139.254 55.238
Outflow
due to
Contingency
g. Contractual 8.809.933 8.809.933 8.722.654 8.722.654 8.836.899 8.836.899 8.795.404 8.795.404
cash outflow
7. CASH 15.798.447 0 14.963.200 17.893.834 0 16.995.949
OUTFLOWS
CASH INFLOWS
8. Deposit with - - - - - - - -
Secured
Lending
Collateral
9. Inflows 4.832.733 3.978.013 5.170.416 4.203.199 4.901.892 4.012.592 5.239.878 4.237.930
from fully
Performing
Exposures
10. Contractual 778.885 778.885 867.361 867.361 778.885 778.885 867.361 867.361
cash inflow
11. CASH 5.611.618 4.756.898 6.037.777 5.070.560 5.681.879 4.792.029 6.107.239 5.105.291
INFLOWS
TOTAL TOTAL TOTAL TOTAL
ADJUSTED ADJUSTED ADJUSTED ADJUSTED
VALUE¹ VALUE¹ VALUE¹ VALUE¹
12. TOTAL HQLA 13.792.918 14.636.862 15.670.386 16.692.850
13. NET CASH 11.041.549 9.892.640 13.101.806 11.890.659
OUTFLOWS
14. LCR (%) 124,92% 147,96% 119.60% 140,39%
Note: ¹ Adjusted value is calculated after applying haircuts, run-off rates and inflow rates as well as maximum limits for HQLA components, for example
maximum limits for HQLA Level 2B and HQLA Level 2 as well as maximum current limits. incoming cash that can be taken into account in LCR.
The outstanding value for Quarter IV 2023 is the average LCR during working days from October to December 2023 (63 data points).
The outstanding value for Quarter III 2023 is the average LCR during working days from July to September 2023 (62 data points).
The Liquidity Coverage Ratio calculation above was made based on POJK No. 42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity
Coverage Ratio for Commercial Banks and Financial Services Authority Regulation Number 37/POJK.03/2019 concerning Transparency and Publication
of Bank Reports and Publication of Bank Reports and presented in accordance with the Circular Letter Financial Services Authority Number 9/
SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial Bank Reports.
PT Bank KB Bukopin Tbk Annual Report 2023 275
Page 276
Management Analysis and Discussion of Company Performance
CALCULATION ANALYSIS
OBLIGATIONS TO FULFILL QUARTERLY LIQUIDITY COVERAGE RATIO
Bank Name: PT Bank KB Bukopin Tbk.
Report Position: Quarter IV – 2023
Individual Analysis
The calculation of Bank KB Bukopin’s Liquidity Coverage Ratio (LCR) (Individual) for the period Quarter IV - 2023 uses average daily position data
for October to December 2023. The LCR of Bank KB Bukopin individually for Quarter IV - 2023 is 124.92%, decreased -23.04% when compared to
the LCR in Quarter III - 2023 which was 147.96%. This ratio is above the provisions that have been set as regulated in POJK No.42/POJK.03/2015
concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks, namely 100%.
The composition of High Quality Liquid Assets (HQLA) owned by the Bank on average throughout Quarter IV - 2023 is dominated by Placements
with Bank Indonesia (BI) amounting to 23.82% and Securities issued by the Central Government and Bank Indonesia amounting to 74.36% .
Compared to Quarter III - 2023, total HQLA decreased by IDR. 843.94 billion (-5.77%) from Rp. 14.63 trillion in Quarter III - 2023 to Rp. 13.79 trillion
in Quarter IV - 2023, mainly due to a decrease in Placements with Bank Indonesia decreased by Rp. 551.12 billion (-36.71%) and the decline in
Securities issued by the Central Government and Bank Indonesia decreased by Rp. 217.46 billion (-2.08%).
The average Net Cash Outflow throughout Quarter IV - 2023 is IDR. 11.04 trillion, an increase of Rp. 1.14 trillion (11.61%) compared to Quarter III -
2023. The increase in Net Cash Outflow was mainly due to an increase in Cash Outflow and a decrease in Cash Inflow. Cash Outflow increased by
Rp. 835.25 billion (5.58%), which was caused by an increase in Corporate Deposits of Rp. 664.71 billion (21.63%) (value after run-off rate), increase
in Other Contractual Cash Outflows of Rp. 87.28 billion (value after run-off rate) and an increase in other Cash Outflows related to Derivative
Transactions of Rp. 76.60 billion (3.58%). Meanwhile, Cash Inflow decreased by Rp. 313.66 billion (-6.19%), which was caused by a decrease in
Counterparty Claims in the form of placements with other banks amounting to Rp. 112.68 billion (-3.48%) (value after run-off rate).
The Bank internally monitors the funding concentration ratio and continues to make funding diversification efforts as a mitigation measure to
maintain deposit stability, especially to increase medium to long term funding and by reducing types of deposits that have high interest rates (such
as term deposits and savings/ Demand deposits with premium interest rates). This diversification program has been carried out by Bank KB Bukopin
since last year and will continue in 2023 in accordance with the Bank’s Business Plan.
In managing liquidity, the Bank has identified, measured, monitored and controlled liquidity risks on a regular basis, by involving other related work
units, such as Treasury, Corporate Business and Retail-SME. As part of implementing liquidity risk management in various conditions, Bank KB
Bukopin also has an Emergency Funding Plan policy which contains steps that must be taken by Bank Bukopin to anticipate and deal with changes
in liquidity conditions as well as daily monitoring.
In general, based on the calculations and comparisons above, short-term liquidity risk is relatively small (the LCR ratio is quite far above 100%
according to regulatory requirements). However, we see that potential risks remain where the trend of bank deposit movements is an important
component in the LCR.
Therefore, Banks need to maintain a balanced balance sheet structure, especially in the composition of short-term tenors and diversify Third Party
Funds into business segments that have a smaller run-off rate (to increase LCR through reducing Cash Outflow).
CALCULATION ANALYSIS
OBLIGATIONS TO FULFILL QUARTERLY LIQUIDITY COVERAGE RATIO
Bank Name: PT Bank KB Bukopin Tbk.
Report Position: Quarter IV - 2023
Consolidated Analysis
276 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 277
The calculation of Bank KB Bukopin’s Liquidity Coverage Ratio (LCR) (Consolidated) for the period Quarter IV - 2023 uses average daily position
data for October to December 2023. The consolidated LCR of Bank KB Bukopin for Quarter IV - 2023 is 119.62%, decreased -20.77% when
compared to the LCR in Quarter III - 2023 which was 140.39%. This ratio is above the provisions that have been set as regulated in POJK No.42/P
OJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks, namely 100%.
The composition of High Quality Liquid Assets (HQLA) owned by the Bank on average throughout Quarter IV - 2023 is dominated by Placements
with Bank Indonesia (BI) amounting to 27.11% and Securities issued by the Central Government and Bank Indonesia amounting to 68.66% .
Compared to Quarter III - 2023, total HQLA decreased by IDR. 1.02 trillion (-6.13%) from Rp. 16.69 trillion in Quarter III - 2023 to Rp. 15.67 trillion
in Quarter IV - 2023, mainly due to a decrease in Placements with Bank Indonesia decreasing by Rp. 250.93 billion (-5.58%) and the decline in
ownership of Securities issued by the Central Government and Bank Indonesia decreased by Rp. 469.38 billion (-4.18%).
The average Net Cash Outflow throughout Quarter IV - 2023 is IDR. 13.10 trillion, an increase of Rp. 1.21 trillion (+10.17%) compared to Quarter III -
2023. The increase in Net Cash Outflow was mainly due to an increase in Cash Outflow and a decrease in Cash Inflow. Cash Outflow increased by
Rp. 895.55 billion (5.27%), which was caused by an increase in Corporate Deposits of Rp. 781.00 billion (16.11%) (value after run-off rate), increase in
Other Contractual Cash Outflows of Rp. 39.15 billion (value after run-off rate) and other cash outflows related to derivative transactions amounting
to Rp. 76.61 billion (3.58%). Meanwhile, Cash Inflow decreased by Rp. 313.81 trillion (-6.15%), which was caused by a decrease in Counterparty
Claims in the form of placements with other banks amounting to Rp. 112.68 billion (-3.48%) (value after run-off rate).
LCR Consolidation is dominated by HQLA and Net Cash Outflow PT Bank KB Bukopin as controlling shareholders. The average HQLA and Net
cash Outflow of Bank KB Bukopin is in the range of 80% to 90%. Therefore, movements in the LCR component of Bank KB Bukopin are the main
determinant in the increase/decrease in the Consolidated LCR. Thus, in the future, as stated in the Individual LCR analysis, diversification of Bank
KB Bukopin’s DPK remains a recommended action plan in order to improve the LCR in the future.
In general, the analysis per subsidiary, for each component, is as follows:
• Bank KB Bukopin Syariah from the HQLA side is dominated by Placements with Bank Indonesia and Securities issued by the Government and
Bank Indonesia (Sukuk), meanwhile from the Net Cash Outflow side it is determined more by Cash Outflow in the SME and Corporate customer
savings component.
• KB Bukopin Finance from the HQLA side is dominated by Cash and Cash Equivalents, while from the Net Cash Outflow side it is determined
more by Cash Outflow in other contractual cash outflow components.
In managing liquidity, the Bank has identified, measured, monitored and controlled liquidity risks on a regular basis, by involving other related work
units and through coordination with subsidiaries (KB Bukopin Syariah and KB Bukopin Finance).
As part of implementing liquidity risk management in various conditions, Bank KB Bukopin also has an Emergency Funding Plan policy which
contains steps that Bank Bukopin must take to anticipate and deal with changes in liquidity conditions.
OBLIGATIONS TO FULFILL THE NET STABLE FUNDING RATIO (NET STABLE FUNDING RATIO)
Bank Name : PT Bank KB Bukopin Tbk (Individual)
Report Position : December 2023
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Total Carrying Amount Based on Remaining Total
Carrying Amount Based on Remaining Term
Weighted Term Weighted
(In IDR Million)
Amount (In IDR Million) Amount
ASF Components
>6
>6
<6 <6 months
No Term¹ months - > 1 year No Term¹ > 1 year
months months - <1
<1 year
year
1 Capital: 28.783.133 1.404.180 - 3.106.991 31.890.124 28.792.829 1.404.667 - 2.935.982 31.728.811
2 Capital according 28.783.133 1.404.180 - 3.106.991 31.890.124 28.792.829 1.404.667 - 2.935.982 31.728.811
to POJK KPMM
3 Other capital - - - - - - - - - -
instruments
4 Deposits from 6.249.909 12.185.652 935.261 310.193 18.017.217 7.340.222 12.914.304 1.432.203 300.525 20.073.082
individual customers
and funding from
micro and small
business customers:
5 Stable deposits and 3.115.363 2.258.840 91.465 60.173 5.252.556 3.002.561 1.906.695 180.794 53.122 4.888.669
funding
6 Deposits and 3.134.547 9.926.813 843.797 250.020 12.764.661 4.337.660 11.007.609 1.251.409 247.403 15.184.413
funding which are
less stable
7 Funding from 2.330.733 14.831.188 203.107 157.131 6.240.387 1.788.962 14.261.581 937.449 61.390 6.499.343
corporate
customers:
8 Operational 1.071.250 382.949 27.227 10.000 750.713 616.378 329.052 75.451 10.000 520.441
deposits
9 Other funding 1.259.483 14.448.239 175.880 147.131 5.489.674 1.172.584 13.932.529 861.998 51.390 5.978.902
from corporate
customers
PT Bank KB Bukopin Tbk Annual Report 2023 277
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Management Analysis and Discussion of Company Performance
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Total Carrying Amount Based on Remaining Total
Carrying Amount Based on Remaining Term
Weighted Term Weighted
(In IDR Million)
Amount (In IDR Million) Amount
ASF Components
>6
>6
<6 <6 months
No Term¹ months - > 1 year No Term¹ > 1 year
months months - <1
<1 year
year
10 Liabilities that - - - - - - - - - -
have a pair of
interdependent
assets
11 Other liabilities and
equities
12 Other liabilities and -
equities
13 Other equity and - 4.431.624 8.787.135 5.647.928 10.041.495 - 3.432.451 9.951.206 6.175.405 11.151.008
liabilities that are
not included in the
above categories
14 Total ASF 66.189.223 69.452.244
REPORT
OBLIGATIONS TO FULFILL THE NET STABLE FUNDING RATIO (NET STABLE FUNDING RATIO)
Bank Name: PT Bank KB Bukopin Tbk (Individual)
Report Position: December 2023
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
ASF Components (In IDR Million) Amount Amount
>6 >6
No <6 <6
months > 1 year No Term¹ months - > 1 year
Term¹ months months
- <1 year <1 year
15 Total HQLA in order 517.979 513.980
to calculate NSFR
16 Deposits with other 106.500 - - - 53.250 126.926 - - - 63.463
financial institutions
for operational
purposes
17 Loans with Current 249.101 5.052.106 3.873.216 36.469.152 36.230.918 240.415 4.818.974 6.031.570 35.835.846 36.364.126
and Special
Mention categories
(performing)
18 To financial - 8.499 8.168 9.422 14.356 - 280.683 11.886 11.035 45.046
institutions
guaranteed
by HQLA Level 1
19 To financial 249.101 348.317 153.490 1.196.305 1.362.663 240.415 110.898 444.876 931.683 1.206.818
institutions that are
guaranteed not with
HQLA Level 1 and
loans to financial
institutions without
collateral
278 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 279
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
ASF Components (In IDR Million) Amount Amount
>6 >6
No <6 <6
months > 1 year No Term¹ months - > 1 year
Term¹ months months
- <1 year <1 year
20 To non-financial - 3.870.120 3.478.733 25.152.365 25.053.936 - 3.039.781 3.533.176 24.008.502 23.684.374
corporations, retail
customers and micro
and small business
customers, the
central government,
governments of
other countries,
Bank Indonesia,
central banks of
other countries
and public sector
entities, which
include:
21 Meet the - - - - - - 555.946 1.826.720 208.753 1.327.022
qualifications to get
a risk weight of 35%
or less, according
to SE OJK RWA for
Credit Risk
22 Meet the - 394.010 115.307 2.017.518 1.969.549 - 80.916 51.129 1.316.984 1.185.459
qualifications to
get a risk weight
of 35% or less,
according to SE
OJK RWA for
Credit Risk
23 Meet the - 118.307 117.518 1.439.362 1.053.497 - 328.371 159.074 2.477.311 1.853.975
qualifications to
get a risk weight
of 35% or less,
according to SE
OJK RWA for
Credit Risk
24 Securities with - 312.853 - 6.654.181 6.776.917 - 422.379 4.710 6.881.578 7.061.433
the categories of
Current
and Substandard
(performing)
that are not
being pledged as
collateral, are not
in default, and
are not listed as
HQLA,including
shares traded on
the exchange
25 Assets that - - - - - - - - - -
have a pair of
interdependent
liabilities
26 Other assets: - 25.565.116 81.015 1.760.106 27.406.237 - 27.702.886 36.236 1.787.500 29.526.621
27 Traded physical - - - -
commodities,
including gold
28 Cash, marketable -
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
PT Bank KB Bukopin Tbk Annual Report 2023 279
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Management Analysis and Discussion of Company Performance
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
ASF Components (In IDR Million) Amount Amount
>6 >6
No <6 <6
months > 1 year No Term¹ months - > 1 year
Term¹ months months
- <1 year <1 year
30 NSFR of -
derivative
payables before
deducting
variation margin
31 All other assets - 25.565.116 81.015 1.760.106 27.406.237 - 27.702.886 36.236 1.787.500 29.623.489
that are not
included in
the above
categories
32 Administrative 6.298.556 68.717 5.662.259 60.731
Account
33 Total RSF 64.277.102 66.135.945
34 Net Stable 102,97% 104.99%
Funding Ratio (%)
Individual Analysis
The Net Stable Funding Ratio (NSFR) of PT Bank KB Bukopin, Tbk individually as of December 2023 was 104.99%, an increase of 2.01% compared
to the position at the end of September 2023 with an NSFR value of 102.97%. In the December 2023 position, KB Bukopin Bank Individual NSFR is
above the regulator’s provisions (100%) in accordance with Financial Services Authority Regulation No. 50/POJK.03/2017 concerning the Obligation
to Fulfill the Net Stable Funding Ratio for Commercial Banks.
Total Available Stable Funding (ASF) at the end of December 2023 is IDR. 69.43 trillion (weighted value) with the largest component coming from
deposits originating from individual customers and micro and small businesses amounting to Rp. 20.07 trillion (28.91%) (weighted value) and capital
of Rp. 31.70 trillion (45.66%) (weighted value).
Compared to the position at the end of September 2023, the total ASF has increased by IDR. 3.25 trillion (4.90%) which was mainly caused by:
• Increase in deposits originating from individual customers and micro and small businesses by IDR. 2.05 trillion (weighted value).
• Increase in deposits originating from corporate customers by Rp. 258.95 billion (weighted value) and
• Increase in Equity and other liabilities amounting to Rp. 1.12 trillion (weighted value).
Total Required Stable Funding (RSF) at the end of December 2023 is IDR. 66.13 trillion (weighted value) with the largest component coming from
loans in the current and special attention category (performing) and securities that are not in default (default) amounting to Rp. 35.87 trillion
(54.24%) (weighted value) and other assets of Rp. 29.62 trillion (44.79%) (weighted value).
Compared to the position at the end of September 2023, the total RSF has increased by IDR. 1.83 trillion which is mainly caused by:
• Increase in other Asset components by Rp. 2.22 trillion (weighted value).
• Increase in the Loan component in the current and special mention categories (performing) and securities that are not in default (default) by IDR.
356.64 billion (weighted value).
In this period the Bank did not have an interdependent composition of assets and liabilities and linkages between transactions.
The Bank still needs to maintain a balanced balance sheet structure, especially in the composition of medium-long term tenor funding sources, as
well as diversify Third Party Funds in business segmentations that have a greater ASF Factor weight (to increase NSFR). Meanwhile, from the RSF
side, credit quality management is also expected to improve the NSFR ratio through an increase in Current Quality Loans.
REPORT ON OBLIGATIONS FOR FULFILLMENT OF NET STABLE FUNDING RATIO (NET STABLE FUNDING RATIO)
Bank Name: PT Bank KB Bukopin Tbk (Consolidated)
Report Position: December 2023
280 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 281
(in million IDR)
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
ASF Components (In IDR Million) Amount Amount
>6 >6
No <6 months >1 <6 months >1
No Term¹
Term¹ months - <1 year months - <1 year
year year
1 Capital: 30.235.928 1.404.180 - 3.201.424 33.437.352 30.309.048 1.404.667 - 3.002.910 33.311.958
2 Capital according to POJK 30.235.928 1.404.180 - 3.201.424 33.437.352 30.309.048 1.404.667 - 3.002.910 33.311.958
KPMM
3 Other capital instruments - - - - - - - - - -
4 Deposits from individual 6.815.756 14.099.753 1.035.726 310.193 20.404.909 7.938.184 14.638.082 1.693.939 300.525 22.473.739
customers and funding from
micro and small business
customers:
5 Stable deposits and funding 3.433.970 3.159.717 178.401 60.173 6.493.657 3.353.570 2.860.598 386.421 53.122 6.323.681
6 Deposits and funding which 3.381.786 10.940.035 857.325 250.020 13.911.252 4.584.615 11.777.485 1.307.517 247.403 16.150.058
are less stable
7 Funding from corporate 2.825.093 18.177.217 389.160 181.273 7.160.429 2.177.046 16.526.446 1.756.629 61.390 7.357.937
customers:
8 Operational deposits 1.491.438 534.137 205.280 34.142 1.149.570 895.265 473.052 85.451 10.000 736.884
9 Other funding from 1.333.655 17.643.080 183.880 147.131 6.010.859 1.281.781 16.053.394 1.671.178 51.390 6.621.053
corporate customers
10 Liabilities that have a pair of - - - - - - - - - -
interdependent assets
11 Other liabilities and equities - 4.732.508 8.816.979 5.697.708 10106197,42 - 4.561.117 9.970.769 6.238.426 11.223.810
12 NSFR derivative payables - -
13 Other equity and liabilities - 4.732.508 8.816.979 5.697.708 10.106.197 - 4.561.117 9.970.769 6.238.426 11.223.810
that are not included in the
above categories
14 Total ASF 71.108.888 74.367.444
REPORT
OBLIGATIONS TO FULFILL THE NET STABLE FUNDING RATIO (NET STABLE FUNDING RATIO)
Bank Name: PT Bank Bukopin Tbk (Consolidated)
Report Position: December 2023
(dalam Jutaan Rupiah)
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
(In IDR Million) Amount Amount
ASF Components
>6 >6
No <6 months <6 months
> 1 year No Term¹ > 1 year
Term¹ months - <1 months - <1
year year
15 Total HQLA in order to 603.235 530.872
calculate NSFR
16 Deposits with other 138.671 - - - 69.335 156.271 - - - 78.136
financial institutions for
operational purposes
17 Deposits with other 249.101 5.604.404 4.187.325 41.229.955 40.692.229 240.415 5.155.159 6.542.740 40.000.411 40.287.762
financial institutions for
operational purposes
Loans with Current
and Special Mention
categories (performing)
18 To financial institutions - 8.499 8.168 9.422 14.356 - 33.517 - 51.682 55.034
guaranteed
by HQLA Level 1
19 To financial institutions 249.101 348.317 153.490 1.196.305 1.362.663 240.415 359.805 457.093 1.019.634 1.338.214
that are guaranteed
not with HQLA Level 1
and loans to financial
institutions without
collateral
PT Bank KB Bukopin Tbk Annual Report 2023 281
Page 282
Management Analysis and Discussion of Company Performance
(dalam Jutaan Rupiah)
Previous Report Date Position (Quarter III – 2023) Report Date Position (Quarter IV – 2023)
Carrying Amount Based on Remaining Total Total
Carrying Amount Based on Remaining Term
Term Weighted Weighted
(In IDR Million)
(In IDR Million) Amount Amount
ASF Components
>6 >6
No <6 months <6 months
> 1 year No Term¹ > 1 year
Term¹ months - <1 months - <1
year year
20 To non-financial - 4.422.034 3.791.421 29.820.293 29.453.977 - 3.312.206 4.779.918 27.781.241 27.650.786
corporations, retail
customers and micro and
small business customers,
the central government,
governments of other
countries, Bank Indonesia,
central banks of other
countries and public
sector entities, which
include:
21 Meet the qualifications to - - - - - - 627.050 1.086.168 444.818 1.145.741
get a risk weight of 35%
or less, according to SE
OJK RWA for Credit Risk
22 Residential backed loans - 394.010 115.307 2.017.518 1.969.549 - 71.464 51.129 1.225.409 1.102.895
that are not
being pledged as
collateral, which
include:
23 Meet the qualifications to - 118.691 118.939 1.532.236 1.114.768 - 328.738 163.721 2.596.048 1.933.661
get a risk weight of 35%
or less, according to SE
OJK RWA for Credit Risk
24 Securities with the - 312.853 - 6.654.181 6.776.917 - 422.379 4.710 6.881.578 7.061.433
categories of Current
and Substandard
(performing) that are
not being pledged as
collateral, are not in
default, and are not listed
as HQLA,including shares
traded on the exchange
25 Assets that have a pair of - - - - - - - - - -
interdependent liabilities
26 Other assets: - 26.140.277 86.782 2.060.872 28.287.931 - 28.369.440 38.397 1.967.832 30.375.669
27 Traded physical - -
commodities, including - -
gold
28 Cash, marketable - - -
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 - - -
-
30 NSFR of derivative - - -
payables before -
deducting variation
margin
31 All other assets that are - 26.140.277 86.782 2.060.872 28.287.931 - 28.369.440 38.397 1.967.832 30.375.669
not included in the above
categories
32 Administrative Account 7.727.427 140.161 7.523.720
153.804
33 Total RSF 69.792.892 71.426.243
34 Net Stable Funding 101,89% 104,12%
Ratio (%)
282 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 283
Analysis by Consolidation
The Consolidated Net Stable Funding Ratio (NSFR) of PT Bank KB Bukopin, Tbk as of the end of December 2023 was 103.74%, an increase of 1.86%
compared to the position at the end of September 2023 with a Consolidated NSFR value of 101.89%. As of December 2023, the Bank’s consolidated
NSFR is above the regulator’s provisions (100%) in accordance with Financial Services Authority Regulation No. 50/POJK.03/2017 concerning the
Obligation to Fulfill the Net Stable Funding Ratio for Commercial Banks.
Total Available Stable Funding (ASF) at the end of December 2023 is IDR. 74.50 trillion (weighted value) with the largest component coming from
capital amounting to Rp. 33.41 trillion (44.85%) (weighted value) and savings originating from individual customers and micro and small businesses
amounting to Rp. 22.47 trillion (30.16%) (weighted value).
Compared to the position at the end of September 2023, the total ASF has increased by IDR. 3.39 trillion mainly caused by:
• Increase in the savings component originating from individual customers and micro and small businesses by IDR. 2.06 trillion (weighted value);
• Increase in the Funding component originating from corporate customers by IDR. 233.88 billion (weighted value) and
• Increase in the Funding component originating from equity and other liabilities amounting to Rp. 1.11 trillion (weighted value).
Total Required Stable Funding (RSF) at the end of December 2023 is IDR. 71.81 trillion (weighted value) with the largest component coming from
loans in the current and special attention category (performing) and securities that are not in default (default) amounting to Rp. 40.77 trillion
(56.77%) (weighted value) and other assets of Rp. 30.28 trillion (42.17%) (weighted value).
Compared to the position at the end of September 2023, the total RSF has increased by IDR. 2.02 trillion mainly caused by:
• Increase in the Loan component in the current and special mention categories (performing) and securities that are not in default (default) by IDR.
78.30 billion (weighted value).
• Increase in other Asset components by Rp. 1.99 trillion (weighted value).
In this period the Bank did not have an interdependent composition of assets and liabilities and linkages between transactions.
On a consolidated basis, NSFR is dominated by ASF and RSF PT. Bank KB Bukopin as controlling shareholder. The average composition of Bank KB
Bukopin’s ASF and RSF relative to the consolidated figure is more than 80%. Therefore, movements in the NSFR component of Bank KB Bukopin
are the main determinant in the increase/decrease in the Consolidated NSFR. Thus, in the future, as stated in the Individual NSFR analysis,
diversification of Bank KB Bukopin’s third party funds with medium term tenors and certain segmentation, is a recommended action plan in order to
maintain NSFR in the future. Nevertheless, Bank KB Bukopin Syariah as a subsidiary which has quite good Third Party Fund potential, is expected to
be able to support the increase in Consolidated NSFR through increasing stable Sharia-based funding sources..
CONSOLIDATED ENCUMBRANCE
in million IDR
a b c d
assets held or contracted
Encumbered with the central bank but not unencumbered Total
yet used to generate liquidity
Assets in the statement of financial - 16.415.904 2.012.802 18.428.706
position
Qualitative Analysis
Encumbered assets are bank assets that are limited for liquidity needs, legally and contractually by the Bank when stressful conditions occur.
Encumbered Assets do not include assets that are stored or agreed with Bank Indonesia but have not been used to generate liquidity. The Bank has
no tied assets in Quarter IV - 2023.
Referring to the explanation of POJK No 42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks,
article 9 paragraph (3) letter a, examples of assets that are stored or agreed with Bank Indonesia but have not been used for generating liquidity
is the secondary reserve requirement (now the Macroprudential Liquidity Buffer). As of December 2023, the Bank (Consolidated) has a Primary
Statutory Reserve of IDR 3.20 trillion and a Secondary Statutory Reserve or Macroprudential Liquidity Buffer (PLM) of IDR 13.21 trillion, which is all
government securities owned by the Bank.
Unrestricted assets are assets that meet the qualifications as HQLA as intended in the Financial Services Authority Regulation concerning the
obligation to fulfill the liquidity adequacy ratio (Liquidity Coverage Ratio). Currently the Bank (consolidated) has unrestricted assets in the form of
Cash, Placements with Bank Indonesia other than GWM and Securities amounting to IDR 2.01 trillion.
LIQA - Liquidity Risk Management
Qualitative disclosure
1 Liquidity risk management governance, including: risk tolerance; liquidity risk management’s structure and responsibility; internal liquidity
reporting; and communication of liquidity risk strategies, policies and practices across business lines and with the Board of Directors.
a. Risk Tolerance
The formulation of Bank Bukopin’s Risk Apetite and Risk Tolerance Liquidity Risk is adequate and adjusted to the strategic objectives and
complexity of the Bank’s business activities. The determination of the Risk Appetite limit includes, among others, the Liquidity Coverage
Ratio (LCR) limit, the Net Stable Funding Ratio (NSFR) limit, and the Macroprudential Intermediation Ratio (RIM) limit. The determination
of the risk appetite limit is proposed by the Risk Management Unit (SKMR) and approved by the Board of Directors and Commissioners
through the Risk Management Committee (KMR) and the Risk Monitoring Committee (KPR). Furthermore, if the limit is exceeded, the Risk
Management Unit (SKMR) will coordinate with the relevant Business Units to prepare an action plan.
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Management Analysis and Discussion of Company Performance
LIQA - Liquidity Risk Management
Qualitative disclosure
b. Liquidity Risk Management Structure and Responsibilities
The Bank has set the organizational structure, adequacy of equipment and completeness of functions/units related to the implementation
of liquidity risk management in accordance with the characteristics and complexity of the Bank’s business activities. The functions or
units involved in liquidity risk management, both in terms of business and supporting, are illustrated in the organizational structure, and
the authority of each function is listed in the job description for each function. The delegation of authority in liquidity risk management is
controlled, among others, by setting transactional limits.The person in charge of Liquidity Risk management is the Business Unit that has
activities that are directly exposed to Liquidity Risk. Furthermore, the Risk Management Unit (SKMR) performs the process of identifying,
measuring, monitoring, and reporting Liquidity Risk independently. The Board of Directors and Board of Commissioners are responsible for
ensuring that the implementation of Liquidity Risk management is in accordance with strategic objectives, business characteristics and
complexity, as well as Liquidity Risk profile
c. Internal Liquidity Reporting and Strategy Communication
The Bank has an adequate Risk Management Information System for reporting purposes related to Liquidity Risk. In general, the Bank
has submitted and reported information related to risk management for Liquidity Risk which consists of: liquidity ratios, cash flow and
maturity profiles, liquidity stress testing, Liquidity Risk Profiles, as well as other information related to the Bank’s Liquidity position and Bank
compliance with Liquidity Risk policies and procedures. All information is submitted to the relevant Business Units as well as the Board of
Directors and Board of Commissioners through the Bank’s internal information system and regular Risk Management Committee (KMR) and
Risk Monitoring Committee (KPR) meetings. The Risk Management Unit (SKMR) will then coordinate periodically with the relevant Business
Units that manage Liquidity Risk in the event of a policy or limit for Liquidity Risk being exceeded, and develop an action plan.
d. Liquidity Risk Policies and Practices Across Business Lines and with the Board of Directors
The liquidity risk management strategy policy is contained in Bank Bukopin’s Risk Management Policy, Bank Bukopin’s Market and Liquidity
Risk Management Policy and Emergency Funding Plan Policy as well as other separate provisions at the risk-taking unit level. Business Units
exposed to Liquidity Risk will convey information regarding the condition of macroeconomic indicators and business projections through
the Asset and Liability Committee (ALCO) meeting, then a liquidity risk strategy will be determined through the ALCO and Risk Management
Committee meeting mechanisms. The liquidity risk management policy in the form of ALCO and Risk Management Committee decisions
will be submitted to other relevant Branches and Divisions. The Board of Directors performs active supervision on a daily basis and ensures
that the implementation of risk management for Liquidity Risk has been operated according to its objectives with the assistance of the
Risk Management Unit. Monitoring is carried out on a daily or monthly basis on liquidity conditions, including monitoring of ratios related to
liquidity risk through reports submitted by the relevant divisions, as well as evaluating the adequacy of information presented for assessing
liquidity conditions.
2 Funding strategy, including diversification source policy and funding tenor, and whether the funding strategy is
centralized or decentralized
In general, access to funding sources that can be utilized by the Bank includes inter-bank loans, securities repo, FX SWAP, sale of securities, and
loans from other parties. Since mid-December 2013, Bank Bukopin has become one of the participating banks in signing the Mini Master Repo
Agreement (MRA) which will further expand alternative access to non-TPF funding sources to strengthen liquidity management. In addition, the
signing of Indonesia’s Global Master Repurchase Agreement (GMRA) with several banks will also expand alternative access to non-TPF funding
sources.
3 Liquidity Risk Mitigation Techniques
The Bank mitigates liquidity risk by periodically monitoring the liquidity risk limits that have been determined in the policy. If the limit is exceeded,
the Risk Management Work Unit will coordinate with the Business Unit regarding the action plan that will be carried out to improve the condition
so that it returns to compliance with the limit provisions. In addition, the Bank reviews or updates limits, policies and procedures to adapt to
updates to regulatory regulations or strategies and the complexity of the Bank’s business activities.
4 Explanation of How Stress-test is Implemented
Liquidity Stress Testing is implemented to measure the resilience of capital and the Bank’s ability to meet liquidity needs in crisis conditions by
using stress test scenarios specifically (Bank specific scenario) and stress on the market (general market stress scenario). There are Guidelines
for the Implementation of the Liquidity Risk Stress Test as well as directions from the Board of Directors on the implementation of the Liquidity
Stress Test which is manifested in the approval and response to the Liquidity Stress Test Report.
5 Outline of the Bank’s Urgent Funding Plan
To control liquidity in crisis conditions, the Bank continuously monitors the Bank’s liquidity conditions carried out by Enterprise Risk Management.
If the Bank’s liquidity condition is in a crisis condition, the Bank will activate the Emergency Funding Plan. The Emergency Funding Plan contains
steps that must be taken by the Bank in order to anticipate and deal with changes in liquidity conditions so that the Bank can continue to fulfill
every agreed financial obligation in a timely manner and maintain the continuity of the Bank’s business processes.
OPERATIONAL RISK DISCLOSURE - BANK INDIVIDUALLY
December 31, 2023 December 31, 2022
Implemented Business Business
No.
Approaches Indicator Capital Indicator Capital
RWA RWA
(Average in the Expenditure (Average in the Expenditure
last 3 months) last 3 months)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Pendekatan Indikator 1.398.876,13 167.865,14 2.098.314,20 1.358.605,65 203.790,85 2.547.385,60
Dasar
Total 1.398.876,13 167.865,14 2.098.314,20 1.358.605,65 203.790,85 2.547.385,60
284 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 285
OPERATIONAL RISK DISCLOSURE - BANK CONSOLIDATED WITH SUBSIDIARIES
(in million IDR)
December 31, 2023 December 31, 2022
Implemented Business Business
No.
Approaches Indicator Capital Indicator Capital
RWA RWA
(Average in the Expenditure (Average in the Expenditure
last 3 months) last 3 months)
(1) (2) (3) (4) (5) (6) (7) (8)
1 Pendekatan Indikator Dasar 1.562.930,07 187.551,61 2.344.395,10 1.636.291,89 245.443,78 3.068.047,29
Total 1.562.930,07 187.551,61 2.344.395,10 1.636.291,89 245.443,78 3.068.047,29
OPERATIONAL RISK – GENERAL QUALITATIVE DISCLOSURE
Operational Risk is the risk due to inadequate and/or malfunctioning internal processes, human error, system failure, and/or external
events that affect the Company’s operations. The operational risk management organization consists of the functions of the Risk
Management Unit, the Compliance Unit, the Quality Assurance Work Unit and the Internal Audit Work Unit which are independent
of business units and operational units.
Operational Risk Management is carried out through 4 (four) stages as follows:
1. Identification of potential risks that inherently exist in a product/activity/ process carried out by considering internal and external
factors including identifying controls that will be used for mitigation.
The Bank uses several tools in implementing operational risk management, namely:
a. Risk and Control Self Assessment (RCSA),
Risk issues and controls that will be used to identify potential control weaknesses as early as possible and keep residual
risk levels to a minimum by taking the necessary actions to mitigate before the risk occurs. This is done with the aim of
minimizing the impact of the risks inherent in the bank’s activities. Identification is carried out by means of self-assessment
conducted by the risk taking unit (RTU) in a predetermined period.
b. Loss Event Database (LED),
Database of operational risk incidents recorded on a web-based basis with the aim of inventorying data on losses/potential
losses of operational, compliance, legal and other risks experienced by the Bank. The results of the input will be used
as a mitigation step for risk management and reporting is carried out based on the input of risk incidents every month.
2. Operational risk measurement is carried out based on data from risk identification results, including:
a. Loss Event with the category of Low Frequency High Impact, High Frequency Low Impact, and/or High Frequency High Impact.
b. The possibility of exceeding the operational risk threshold on a monthly basis based on the predetermined risk limit.
c. Risk analysis of new product and/or activity plans or evaluation of new products and/or activities that have been launched.
d. Self-Assessment of the Bank’s soundness level by making a Bank Risk Profile report.
3. Risk monitoring that has been identified and measured for potential occurrences is carried out at any time in the respective work
units in accordance with applicable regulations. This includes monitoring of indicators or an early warning system or existing tools/
reports. Operational risk monitoring includes the following:
a. a. Monitoring function of several Indicators to ensure compliance with Risk Appetite.
b. b. Conducting operational risk analysis on: Human Capital, IT System Errors, Fraud Cases, Dormant Accounts, Operational Loss
Data, Complexity of the Bank’s business processes and product diversity, Corporate Action, New Bank Business Development,
and External Events that affect the Bank’s operational activities
4. Operational risk control and risk mitigation based on operational activities that are Low Frequency High Impact, High Frequency Low
Impact, and/or High Frequency High Impact, will be carried out, among others, on the following matters:
a. Implementation of Risk Management related to product and/or service implementation plans.
b. Operational risk control by issuing a review/opinion after reviewing policies, procedures, cooperation agreements,
operational issues, product and/or service implementation plans, and Information Technology.
c. Observation conducted by the Quality Assurance Work Unit.
d. Having several provisions (procedures) that serve to mitigate operational risks including Business Continuity Management
(BCM).
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Management Analysis and Discussion of Company Performance
e. Control operational risk including legal, compliance, REPUTATIONAL RISK – GENERAL
strategic, and reputation risk based on the bank’s risk QUALITATIVE DISCLOSURE
profile data.
f. Control every operational activity by reviewing and Reputational risk refers to the risk due to the decreasing level
updating operational risk management policies/ of stakeholder trust that stems from negative perceptions of
guidelines including but not limited to legal, compliance, the Company due to, among other things, events that could
strategic, and reputational risks in accordance with harm the Bank’s reputation, for example negative reporting
internal needs and external developments. in the mass media, violations of business ethics, customer
g. Raise Risk Awareness in all lines of the organisation complaints, as well as other things that can cause reputation
including realising Risk Culture in the Bank’s business risk, such as weaknesses in governance, corporate culture
activities. and the Bank’s business practices.. Reputation risk is managed
h. Implementation of Internal Control Forum. through monitoring, supervision, handling, and settlement
i. Implementing the three lines of defense principle, where mechanisms which are coordinated and supported by the
the risk taking unit is the first line function that performs relevant departments, with reference to internal provisions
direct risk management, the second line function is and applicable laws and regulations.
performed by the risk management work unit, while Reputational risk identification is carried out periodically in
the third line function is performed by the internal audit accordance with past loss experience caused by reputational
work unit to perform assurance on the implementation risk. Meanwhile, the reputational risk assessment is carried out
of risk management policies as a whole implemented qualitatively, among others, from negative news from the public/
in the Company. customers and customer complaints. To ensure reputational risk
control, the Company has taken the following anticipatory steps:
LEGAL RISK – GENERAL 1. Monitoring the frequency and materiality of negative news
QULITATIVE DISCLOSURE and comments regarding the Bank in mass media, social
media and other online media.
Legal Risk is the risk resulting from lawsuits and/or weaknesses 2. Monitoring credibility and other events that affect the Bank’s
in juridical aspects. Legal risks can originate, among other reputation.
things, from weaknesses in the juridical aspects caused by 3. Regular monitoring regarding the frequency and materiality
weak engagements carried out by the Bank, the absence and/ of handling and resolving customer complaints.
or changes in statutory regulations which cause a transaction 4. 4. Use of the Complaint Tracking System (CTS) to manage
carried out by the Bank to be inconsistent with existing regulations, the resolution of customer complaints
and the litigation process is good. arising from third party lawsuits 5. Implementation of Service Level Agreement (SLA) to ensure
against the Bank or the Bank against third parties. standard time for resolving customer complaints.
6. Continuously carry out employee training to improve service
Legal risk identification is carried out in all functional activities of quality..
the Bank, including identification of possible legal risks arising from
product and/or service implementation plans, Bank agreements In the context of monitoring and controlling reputation risk, the
with debtors/other third parties, strategies for handling legal Bank evaluates the implementation of risk management related
cases, and other Bank operational and business activities. to reputation risk, including studying the root causes of reputation
risk, evaluating the implementation of complaint management/
In the legal risk management organization there is a legal function handling, customer complaints and negative reporting in the
in the Head Office and Branches to mitigate potential or legal risks mass media.
inherent in the Bank’s activities as well as coordinating with the
Company’s Legal Department and external parties in resolving Evaluation of customer satisfaction assessment on a monthly basis
legal issues, especially regarding lawsuits and summonses, as is carried out by the department in charge of Customer Quality
well as monitoring and analyzing cases faced by the Company Development (DPNS) Service Quality unit and communicated to
which are currently in court. all Bank employees. The Bank’s Reputation Risk control is also
conducted in the form of monitoring negative news related to the
Measuring and monitoring legal risk is carried out through risk company, which is one of the roles of the Corporate Relations
calculations based on the nominal potential loss for each case Department.
faced by the Bank, monitoring the costs of handling legal cases,
losses faced by the Bank due to an Inkracht decision, monitoring As a financial services institution, the Company needs a
updates on the handling of legal cases, and other measurements represantative image and publicity on their business activities
through legal risk profile parameters. Legal risk control is carried and performance. The company always maintains its reputation at
out by issuing a study and/or opinion after conducting a review the best level to provide products and services to its customers.
of policies, procedures, cooperation agreements, operational The Company’s failure to maintain its reputation can give rise to
issues and legal issues that arise due to the Bank’s business and negative perceptions of the Company. This can cause a loss of
operational activities.
286 Annual Report 2023 PT Bank KB Bukopin Tbk
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customer trust and will have a direct impact on a decrease in the statutory regulations, prudential provisions and other applicable
number of customers which ultimately results in a decrease in provisions, including but not limited to:
the Company’s revenue and activity volume. 1. Credit risk is related to the provisions of Asset Quality,
net NPL, Allowance for Impairment Losses (CKPN), and
STRATEGIC RISK – GENERAL Maximum Lending Limit (BMPK).
QUALITATIVE DISCLOSURE 2. Market risk is related to the Net Open Position (PDN)
provisions.
Strategic risk is the risk resulting from the inaccuracy in 3. Liquidity risk is related to the provisions of the Minimum
taking and/or implementing a strategic decision and failure to Statutory Reserve (GWM), Liquidity Coverage Ratio (LCR),
anticipate changes in the business environment. Strategic risk and Net Stable Funding Ratio (NSFR).
measurement can use indicators such as the level of complexity 4. Operational risks related to fulfilling provisions related to the
of the Company’s business strategy, the Company’s business implementation of Know Your Customer (KYC) principles as
position in the banking industry, the achievement of business well as Anti-Money Laundering and Prevention of Terrorism
plans, and through strategic risk profile parameters. Strategic Financing (APU and PPT).
risk control is carried out, among others, through monitoring the 5. Minimum Capital Requirements (KPMM) for Banks..
Bank’s position both among the banking industry and among peer
groups, monitoring the achievement of the realisation of the Target Identification and measurement of compliance risks are carried
(business plan), followed by mitigation of factors causing failure out periodically, based, among other things, on past experience
and monitoring the development of macroeconomic conditions of losses caused by compliance risks through risk calculations
that may have an impact on the Bank’s business. based on accounting loss data and other measurements
The Bank formulates and sets business targets and strategies through compliance risk profile parameters.
to be achieved in the business plan by considering internal and In order to effectively monitor and control compliance risks,
external factors in accordance with the Bank’s vision and mission. the Company, among other things, carries out:
1. Collection of operational loss items periodically (daily,
The Bank manages strategic risk through the process of monthly, quarterly and annually);
considering and making decisions on each strategic policy 2. Regular analysis and review of the factors that cause
collectively and comprehensively by the Board of Directors and operational risks and other risks as well as losses that
the established Committees. can arise;
As one of the efforts to manage strategic risk, the Bank has Monitoring and control of compliance risk exposure is carried
established an organisational structure that is aligned with the out by the Risk Management Work Unit, Compliance Work Unit
Bank’s strategic direction. The Bank has established a Corporate and other implementing work units on a regular and continuous
Strategy Division that is responsible for planning, managing and basis with predetermined parameters and limitations. The
developing the Bank’s strategy. work unit in charge of compliance risk management prepares
Compliance Risk Profile Reports periodically for the purposes
In addition, adequate risk identification and analysis are also of monitoring and controlling compliance risk exposure,
completed for each corporate action carried out (such as asset including identifying causal factors to be submitted to the
sales, sub-loan issuance, equity participation in subsidiaries, etc.). risk management committee and directors as material for
This is to ensure that the impact of risks arising from corporate joint evaluation.
actions is acceptable and in accordance with the level of risk to
be taken (risk appetite). Back-up systems and procedures to anticipate disruptions in
the risk monitoring process refer to the Disaster Recovery Plan
COMPLIANCE RISK – GENERAL (DRP) Procedure. Systems and procedures will be checked and
QUALITATIVE DISCLOSURE reassessed periodically. Monitoring and controlling compliance
risk using internal models includes the use of tools, early
Compliance risk is a risk that occurs because the Bank does identification of changes in risk profiles caused by potential
not fulfill and/or does not implement internal regulations, or actual reductions in compliance risk, and the resulting reports
laws and other applicable provisions. The compliance risk are submitted periodically to the Board of Directors.
management organization consists of the Compliance Policy &
Governance Department, Quality Assurance Department, and If there is a violation of applicable laws and/or provisions, the
Anti Money Laundering Department. In addition, in order to risks that may occur are sanctions for the Company which can
strengthen the compliance function, a Compliance Development be in the form of financial sanctions in the form of material
Unit has been established. Each function has policies and fines or non-financial sanctions in the form of written warnings,
procedures that regulate the limits of authority over activities. sanctions for impropriety and incompetence for the Company’s
The Compliance Risk Management Organization is adequately management or suspension. Company business activities.
reflected in the clarity of authority and responsibility and is
supported by the function of the Risk Management Work Unit. In
practice, compliance risk is inherent in the Bank’s risks related to
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5 BUSINESS SUPPORT FUNCTIONS
Page 289
Page 290
Business Support Functions GOVERNANCE OF HUMAN CAPITAL In the midst of the ever-dynamic challenges of banking industry, plus the increasingly emerging demands for digital acceleration, driven by changes in public expectations for fast, efficient and safe financial services which can be done from anywhere, KB Bank is required to continuously manage and develop resources. Adaptive and effective human capital (HC) have an impact not only on employee productivity and profitability, but also on the future sustainability of the Bank. For KB Bank, HC is a valuable asset who has always been under special attention, whether it is in the form of competency development or regarding the welfare. HC management has the responsibility to establish reliable and competent employees so they are able to carry out their duties as they should. KB Bank remains committed to ensuring strong and sustainable HC management and development as well as developing competent and high-quality talent who are able to adapt to every change in the business environment. KB Bank continues to develop and improve various aspects and functions to meet the needs of competent and qualified human capital as expected. The main key in creating human capital that contributes to increasing competitiveness and accelerating the Bank’s performance is the recruitment, selection, training and talent and competency development process. In carrying out their business activities, the banking industry actors have special characteristics, including the obligation to maintain customer trust, where the level of bank trust and reputation is measured by the quality of human capital. In this case, KB Bank makes customer trust as a fundamental principle and always encourages entire human capital to commit to maintaining attitudes and behavior in accordance with applicable principles and standards both within and outside the scope of the Bank, with the aim of maintaining customer trust in the Bank, in terms of financial management. and services based on prevailing banking standards. In 2023, KB Bank will continue its efforts to form human capital that are competent, possessing high integrity, and uphold noble attitudes and behavior through two approaches; increasing togetherness of all members of the organization and a team work ethic for the purpose of achieving business results and maximum profit targets and involving employees in seminars as well as education and training. This is in line with Law no. 13 of 2003 concerning Employment and Law no. 11 of 2020 concerning Job Creation. 290 Annual Report 2023 PT Bank KB Bukopin Tbk
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Business Support Functions
HUMAN CAPITAL MANAGEMENT
ORGANIZATIONAL STRUCTURE
HC management at the Bank is directly supervised by the Deputy President Director who oversees the Human Capital Group.
The HC Group is led by a Division Head. The HC Group consists of the Talent Acquistion Department and HCBP Department
as shown in the following chart:
Deputy President
Director
Human Capital
Human Capital
Talent Acquisition
Business Partner
Talent Acquisition & Industrial Relation &
Learning & Talent Talent Management Career Management
Employee Branding Employee Management
Development Unit Unit Unit
Unit Unit
Talent Acquisition Learning & Talent Talent Career Industrial Relation
& Employee Development Management Management & Employee
Branding Section Section Section Section Management
Section
Talent Learning & Talent Career
Industrial
Acquisiton Development Management Management
Relation Officer
Officer Officer Officer Officer
Talent Career Outsourcing
Employee Development
Management Management Management
Branding Officer Program Officer
Support Staff Support Staff Officer
Talent Learning &
Foreign
Acquisition Development
Handling Officer
& Employee Support Staff
Branding Staff
Employee
Recognition &
Discipline Section
Employee
Recognition
& Discipline
Management
Officer
292 Annual Report 2023 PT Bank KB Bukopin Tbk
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HC Services &
HC Policy & Man Power Reward & Performance
Information System
Management Unit Management Unit
Unit
HC Policy & Reward &
Man Power Performance
HCIS Section
Management Management
Officer Section
Reward &
Performance HCIS Officer
Management
Officer
HC Services
Section
HC Services
Officer
HC Services
SupportStaff
MIS Analyst
MIS Analyst
Officer
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Business Support Functions
The scope of duties of each Bank HR Management Department is as follows:
• HC Business Partner Department
Responsible for formulating policies related to human capital, talent pool and career management, compensation, employee
disputes and outsourcing management. Apart from that, this department is a liaison with other groups regarding issues
regarding human capital and non-recruitment.
• Talent Acquisition Department
Responsible for being a liaison between Human Capital and other Groups in the process of searching, recruiting and onboarding
new employees as well as carrying out the process of reallocating and transferring existing employees.
Meanwhile, KB Bank also has a Human Capital Business Partner (HCBP) who acts as a strategic business partner who aligns
the Bank’s business goals with Employees and Management, as well as acting as a consultant to Management on issues related
to HR to support the achievement of business targets. HCBP carries out its duties and functions in the fields of Organizational
Development, Talent Management, Training and Performance Management.
The following is the composition of Human Capital in the HC Group as of 31 December 2023, as attached below.
NO DEPARTMENT TOTAL EMPLOYEES
1 HC DIVISION HEAD 1
2 HC BUSINESS PARTNER DEPARTMENT 29
3 OUTSOURCING HANDLING UNIT 3
4 HC SERVICE UNIT 10
5 HC POLICY & STRATEGY UNIT 3
6 HC LEARNING & TALENT DEVELOPMENT UNIT 6
TOTAL 52
HUMAN CAPITAL MANAGEMENT business in the future in line with the Bank’s vision, mission
COMMITMENT AND POLICY and corporate plan.
The Bank is committed to always developing employees to In addition, in order to optimize channels and Man Power to
become competent employees with integrity. For this reason, increase productivity, studies regarding the impact on human
in line with the dynamics of the current digital era, the Bank resource management will be conducted by the Bank. This
continues to conduct transformations both in terms of business study aims to look into channel optimization which brings
and employee development and management. The Bank will impact in reducing the number of workers and outsourcing.
ensure the efficiency and effectiveness of the Organization This way, costs are expected to be reduced, in line with the
and Human capital in line with the Bank’s business strategy by Bank’s efforts to carry out Cost Reduction.
increasing employee productivity and competency. Increasing
employee productivity and employee competency (both hard With the closure of part of the office network, the Bank will
and soft competency) has become the Bank’s main priority in establish a special team to handle this transition period so that
preparing the Bukopin Leader KB. services to customers including stakeholders can continue
without any obstacles that will cause losses to customers. The
Apart from that, the Bank will implement organizational Bank has also consulted with Legal Institutions and is trying to
adjustments in accordance with the strategy set by communicate as best as possible to employees and the media
management by increasing productivity, optimizing channels regarding the policy that will be adopted, so that this policy
and optimizing Man Power. These organizational adjustments is in accordance with applicable laws and regulations and is
will be implemented in accordance with the Bank’s strategy in expected to minimize Risks of Operational, Legal, Compliance
order to sharpen business segmentation, strengthen span of and Bank Reputation.
control, improve the quality of business processes, strengthen
the first line of defense as well as to develop the Bank’s
294 Annual Report 2023 PT Bank KB Bukopin Tbk
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One of the aims of the strategies implemented is to ensure d. Increasing the Role and Function of Human Capital
that the Bank can have competent, productive and integrity Business Partners (HCBP)
human capital to support the implementation of RBB 2023- Increasing the role and function of HCBP in aligning
2025, considering that HC is one of the factors for the success business strategies with employees and management
of the Bank’s business. performs a very important role in improving work unit
performance to achieve company goals. The main
Organizational Development focus of HCBP’s role and function is organizational
development, talent management, training needs
The Bank is aligning its new organizational structure to sharpen analysis and performance management. In this case,
its functions in an effort to support its business strategy, the ability to communicate and integrate various views
namely increasing funds, quality credit and increasing fee- is needed to be the main point in building a strategy
based income. In this alignment, the Bank is also committed to face business challenges. In addition, increasing the
to conducting a review of the productivity of Bank employees. function and role of HCBP will encourage the existence
In this way, it is expected that it can help accelerate business of HCBP to be more effective in supporting business
growth which is balanced by increasing employee productivity achievements.
and performance as well as strengthening internal control
functions, so that future businesses are expected to grow Compensation & Benefits Policy
with good quality and performance.
In order to lead in the competition of attracting and retaining the
best employees and supporting the achievement of the Bank’s
a. Organizational Structure Development goals, the Bank is committed to implementing a compensation
The Bank reviews the effectiveness of the Organizational and benefits system that plays a role in encouraging increased
Structure from time to time based on employee Productivity, Performance, Engagement, Compliance and
productivity and ensures relevance to the ongoing Competitiveness. The concept of providing compensation
business strategy, namely increasing funds, increasing & benefits implemented by the Bank in order to fulfill these
quality credit and increasing fee-based income, then if objectives is 3P (Pay for Position, Pay for Person & Pay for
it is deemed necessary the Bank will make adjustments Performance).
to the Organizational Structure which supports the
business strategy. Development of Management Information Systems
(MIS)
b. Job Role Evaluation
• Ensuring that the Job Role of each position Development of an HR information system (Human Capital
supports the achievement of business strategy Information System based on mobile apps and integrated with
• Identifying and rotating employees to further all systems), including:
optimize the achievement of the bank’s business
strategy objectives. 1. Developing a mobile-based employee self-service
application which includes updating employee data/
c. Corporate Culture Development information, leave application, overtime submission, etc.
• The Bank conducts a review of the current 2. Enhancement Human Capital Information System (HCIS)
corporate culture heading to a corporate culture as a core of HC system to improve HC services and
that prioritizes performance both organizationally information, including managing organizational structure
and individually. and employee data, employee benefit transactions, tax
• Implementation of corporate culture in the Bank’s calculations and reporting and so on.
internal environment to create a conducive work 3. Developing the Learning Management System application,
environment that can support increased employee so that it can ensure that all employees receive training,
performance and employee integrity. especially training related to material to support work
• Providing rewards to employees with good as well as in order to increase competency to support
performance in accordance with company targets. employees in career development.
• Increasing integrity, enforcing discipline and giving
strict sanctions to employees who conducts
violations.
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Business Support Functions
With the development of an HC information system (Human 6. Improve the skills of local employees because there is a
Capital Information System), processes that are still carried out transfer of knowledge & professional skills of foreign workers
manually will be changed to system-based so that unnecessary such as CIB (Corporate Investment Banking/Korean Link),
processes will be eliminated through digitalization. Financial Management, Corporate Strategic, Transformation,
Corporate Communication, New Business Solution, Treasury,
Digital, Special Asset Management (SAM).
Utilization of Foreign Workers (TKA)
7. With the presence of Foreign Workers, we can gain new
The use of foreign workers (TKA) refers to the provisions of knowledge from foreign workers which may be common
the Financial Services Authority Regulation (POJK) Number 37/ practice in their home country. With this new knowledge, it
POJK.03/2017 POJK concerning the Use of Foreign Workers and adds innovation to KB Bank.
Knowledge Transfer Programs in the Banking Sector. Based on
POJK Number 37/PJK 03/2017, it is stated that Banks can utilize 8. Accelerate the Bank’s transformation process supported by
foreign workers (TKA) for the following or equivalent positions: qualified and expert human capital from KB Kookmin Korea.
The use of workers from KB Kookmin who are experienced in
a. Directors and Board of Commissioners. their fields will accelerate target achievement.
b. Executive Officers, namely officials who report directly
to members of the Board of Directors or have significant 9. In each core business area such as IT, finance and
influence on bank policies and/or operations, and/or. strategy, the professional knowledge of foreign workers will
c. Experts or consultants, namely individuals who have be transferred to KB Bank employees to improve their work
certain technical knowledge with adequate skill competence.
qualification standards.
10. Create and develop wholesale banking products and
In addition to the provisions of POJK Number 37/POJK.03/2017, transactions, according to business needs, both related to
in using foreign workers, the Bank is also guided by the lending, funding, trade finance, other banking transactions
Presidential Regulation of the Republic of Indonesia Number 20 and business collaboration products (partnerships), create
of 2018 concerning the Use of Foreign Workers and Regulation programs to boost sales, and performance management &
of the Minister of Manpower of the Republic of Indonesia MIS. As a Business driver for related companies (Anchor).
Number 10 of 2018 concerning How to Use Foreign Workers.
11. Encourage foreign workers to learn Indonesian by taking
With the presence of foreign workers from KB Kookmin Bank, it part in the Indonesian language learning program organized,
is hoped that KB Bank Bank can strengthen the Credit Analysis so that they can communicate well with Indonesian staff at
and Scoring System in implementing Risk Management, KB Bank and learn Indonesian culture.
Financial Planning and Performance Analysis and to capture
opportunities from Korean business actors in Indonesia as
well as their Supply Chain. The plan to use foreign workers is Use of Outsourced Workers
expected to provide the following contributions:
Outsourcing
1. Strengthening the credit analysis system for a more accurate 1. Outsourced workers are managed centrally in the Human
credit rating mechanism and implementing improvements Capital Division.
to the credit evaluation and management system. 2. Branches no longer manage outsourced workers.
2. Assist in completing the NGBS (Next Generation Banking 3. The process of adding, subtracting and replacing
System) project targets. outsourced workers must go through the approval of the
3. Reducing NPLs through securitization and structured Head Office Human Capital Division which will be evaluated
techniques to improve asset quality. based on productivity standards.
4. Increasing new income opportunities such as digital and 4. The Bank will standardize the use of Outsourced Workers
business for Korean companies by utilizing the competence based on productivity and determine the positions that
and expertise of foreign workers from KB Kookmin. can be filled by Outsourced Workers.
5. Contribute to Bank KB Bank turn around by transferring
sophisticated banking practices, introducing new products
and streamlining the business.
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Outsourcing Workers Service Provider Vendors Unions are the Bank’s working partners in conducting their
1. The Bank will conduct an assessment of the Outsourced rights, obligations and responsibilities to maintain a working
Workers Service Provider Vendor and align it with the atmosphere of mutual respect, mutual trust and determination to
prevailing POJK for Outsourced Workers. cooperate with each other with the aim of creating harmonious,
2. Collaboration with companies providing outsourcing dynamic and fair industrial relations to ensure the continuity of
services is managed centrally by the Human Capital the Bank’s business and improving the welfare of all employees.
Division and branch offices can no longer collaborate with The Bank will also update the Collective Labor Agreement to
companies providing outsourcing services. adapt to the Bank’s current conditions.
3. The amount of the management fee for cooperation
between all companies providing outsourcing services is HC COMPETENCY
determined by the head office. DEVELOPMENT PROGRAM
4. The work to be outsourced to the Outsourcing Company
refers to the field of work regulated in the applicable laws Policy and Program Realization
and regulations.
5. Outsourcing costs must consider and refer to the work plan The Bank ensures the need for Human Capital with adequate
and targets that have been set and pay attention to the competence. Training design and human capital development
provisions of applicable laws and regulations. are aligned with the Bank’s strategy so that all programs/
6. The appointment of the Outsourcing Company is carried activities can be implemented efficiently, effectively and
out through a tender/beauty contest process where the integrated to support increased Bank performance.
mechanism refers to the provisions and authorities at PT
Bank KB Bukopin Tbk. Activities that support the above include the following:
Employee Relations a. Sharpening Education and Training Programs
• Sharpening of training material content in line
Programs are prepared to create a work atmosphere that with the Bank’s Business Strategy policy direction,
helps increase employee productivity and increase employee especially Good Bank.
engagement so as to provide a good employee experience. • Basic training for all employees will also be
In addition, the Bank has socialized rules and regulations equipped with APU PPT and Anti-Fraud modules,
related to employee discipline, updating employee data and which will be given to all employees at all levels.
policies governing other personnel to obtain assessments • In connection with the initiative to transfer
from employees regarding the management of Human Capital. supporting officers to become business officers,
the bank is also preparing training for employees
which includes product understanding, improving
Retirement and Compensation Policy sales skills, credit and funding.
Pension programs are prepared for employees who are b. Development of training implementation techniques
preparing for retirement in bridging them with future self- • Developing learning methods both online through
development in their retirement and to assist them in going e-learning or online meeting platforms as well as
through transition periods so that they are mentally prepared for offline training.
retirement. Overall, in 2023 there is a reduction in the number • Development of Trainers/Facilitators from Internal
of permanent and/or contract employees. The reduction in KB Bank.
the number of employees was taken after taking into account • Digitalization of methods for evaluating educational
the impact on the Bank’s sustainability in the future in which a and training activities by developing a Learning
reduction in the number of workers is required and employees Management System.
affected by this policy will be given compensation in accordance
with the applicable laws and regulations. c. Preparation of Talent and Successor Development
Programs
Industrial Relations • Identification and development of successor
competencies.
The implementation of industrial relations is built on the basis
of an understanding that the Bank, Employees and Labor
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Business Support Functions
• Identify and implement a Management Development Program (MDP) at least once a year in a more effective way in
recruiting and developing participant.
The implementation of mandatory training for each position level in 2023 is as follows:
Number of
Position Level Training Program Training Objectives
Participants
All Levels Training Induction Training for new employees of KB Bank to 181
increase understanding in terms of company
profile, policies, products, etc
Staff Basic Financial Analysis to determine the profitability of a company 164
Coordinator, Manager, Level I-V Risk Management Certification Fulfilling the competence of Bank officers in 534
Department Head, the field of risk management in accordance
Division Head, Directors, with regulatory provisions
Commissioners
Relationship Banking Mutual Fund Sales Agent Representative Fulfillment of marketing funding employee 57
Officer, Priority Banking Certification (WAPERD) licenses to sell mutual fund products
Officer
Treasury function Basic, Advanced, Intermediate Level Fulfilling the competency of treasury 3
employees Treasury Certification employees in the treasury dealer sector in
accordance with regulatory provisions.
HC function employees Training on wage structure and wage scale Providing provisions to participants so they 16
can create a good & correct wage scale
structure
Operational function Payment System and Rupiah Currency Payment System and Rupiah Currency 828
employees Management Competency Certification Management Competency Certification
(SPPUR) (SPPUR)
All employees Anti-Money Laundering and Prevention of Increase employee understanding of money 2192
Terrorism Financing (APU PPT) laundering crimes and how to anticipate
them
All employees Anti Fraud Increase the ability of employees to 2093
understand and be able to detect and
prevent fraud in the workplace thereby
helping the company to protect its assets
and reputation
All employees Risk Management Certification Refreshment to provide refreshment to employees 311
Level 1-5 who have passed the risk management
certification exam and also maintain risk
management certification
Credit Function Employees Training Mortgage To know and to understand the philosophy 23
of consumer credit and KPR (Mortgage)
Managerial Level Leadership Training Increasing the leadership competence of 61
Employees employees at the Managerial level
Competency Development Costs
In accordance with the Decree of the Board of Directors of Bank Indonesia No. 31/310/KEP/DIR/1999 concerning Provision of
Funds for Development of the Quality of Human Capital for Commercial Banks, that Banks are obliged to provide education funds
(BPL) of at least 3.5% of the current year’s HC expenditure budget/Labor Costs (BTK). The Bank has actualized education and
training costs in 2023 amounting to IDR 9,634,908,175 which is 40.78% of the Budget Training 2023.
298 Annual Report 2023 PT Bank KB Bukopin Tbk
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INFORMATION
TECHNOLOGY GOVERNANCE
In Global Technology, several technologies have been created 3. Creating a Digital Ecosystem and Business Platform
that can support businesses in the banking sector. Machine The development of digital business must be balanced
Learning, AI, Devops, and RegTech are introduced and can be with the availability of financial transaction services that
used in Actual Task Execution. Apart from that, the current make things easier for customers.
trend in Online/Digital Banking is to carry out Full Scales Digital
Transformation which includes channels, products, services
and customers. Apart from that, strengthening mobile-based DEVELOPMENT OF DIGITAL BANKING
digital services, competition and expanding open API-based AS WELL AS TECHNOLOGY
businesses are also trends in Online/Digital Banking. INFRASTRUCTURE
The impact of the Covid-19 pandemic has caused almost all The development of digital banking has been very rapid, where
sectors of life to slow down, so that people make changes and currently 78% of customers have used digital banking services.
adapt quickly and carry out various activities digitally, such as Banks already have digital products, but the market share for
studying, working, shopping and others. This causes Internet these products is very low. KB Bank needs to build a capable
and Smartphone users to increase as well as an increase in IT system through the SHINE project for “New Go-To-Market
E-Commerce transactions and digital payment transactions Strategy”, “Operational excellence” and “Proactive response
also increasing quite significantly as can be seen from the to Risk”. Apart from that, the data in KB Bank is scattered and
increase in E-Money transactions which shows that non-cash not centralized, which creates risks to the data validity. It is
transactions are increasingly in demand by the public. In line a challenge for organizations to gain insight into customer
with this, there are rules from regulators that regulate the behavior and business performance for strategic decision
Information Technology Governance system which includes making.
procedures, policies and overall IT management and also rules
related to privacy. In the digital application development plan, the Bank strives
to always fulfill aspects of compliance with OJK and Bank
Indonesia regulations, where internal development evaluations
are also carried out as an effort to mitigate risks that may arise.
ADVANCED IT & DIGITAL PROGRAM The digital application development planned by the Bank is
closely related to the implementation of IT transformation
To catch up with the Bank and win the competitive digital through the SHINE project which is currently underway as an
banking competition, the Bank has set the strategic agenda internal factor, while for external factors, the Bank really hopes
“Advanced IT & Digital” as a form of implementation through for support from OJK and BI to be able to realize the digital
2 agendas to be implemented in 2023, including: application development plan.
To catch up and win the competitive digital banking competition,
1. Encourage IT Infrastructure Acceleration the Bank has set the strategic agenda “New Digital & IT Infra” as
To accelerate business processes and move previously a form of implementation through 3 agendas to be implemented
conventional systems into business process automation and in 2023, including:
centralization of business processes through digitalization,
a strong IT infrastructure is required. The Bank has released 1. Build a differentiated digital ecosystem through strategic
an IT project, namely the SHINE Project, which aims to partnerships
digitize all business processes into one database and 2. Strengthen digital position in the market through
connect to all the Bank’s system infrastructure. revitalization & rebranding of Wokee
3. Focus on simplification and prepare to build integrated
2. Creating an independent and differentiated digital channel digital channels
Accelerating the IT infrastructure process through the
SHINE Project began in stages and one of the agendas
for accelerating the digitalization process was to focus on
developing digital channels and maximizing features with
the aim of centralizing services so that customers can easily
access all banking services in just one Bank digital channel.
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Business Support Functions
INFORMATION TECHNOLOGY MANAGEMENT STRUCTURE
Information Technology (IT) management is carried out by the Information Technology Group which is under the supervision of
the Director of Information Technology and Digital. The Information Technology Group oversees 3 (three) Divisions, namely IT
Planning & Operation, IT Development, and Digital.
The following is the Information Technology Management Structure as of December 31 based on DIR Decree
No.0020 of 2023 concerning the Organizational Structure of PT Bank KB Bukopin Tbk.
IT
& Digital
IT Planning & Operation IT Developement
IT Planning & Customer IT Operational & IT Digital & Enterpise
First Infrastructure Development
Data Center & Implementation &
IT Business Alliance IT Service & Support Enterprise Application Specific Package &
Operation IT Configuration System
Unit Unit Development Unit Integration Unit
Management Unit Unit
E-Channel,
Production Support Change Process Regulatory Reporting Specific Package
Payment & Card DRC Section
Section Implementing Staff Development Section Section
Section
E-channel, Transition, Regulatory
Production Specific Package
Payment & DRC Staff Release & Test Reporting
Support Staff Development Staff
Staff
Card Staff Planning Staff
Kredit System Admin
Permanent Solution Core System General Affair & MIS
Development Operation & MCI/EAI/FEP Section
Management Staff Operation Section Section
Section Support Staff
Kredit System Incident
Core System Data Management General Affair & MCI/EAL/FEP/
Development Management &
Operation Staff Unit MIS Section Staff
Staff Request Staff
Capacity & IT Data & DWH Enterprise
Enterprise IT Project & Vendor Digital & LOAS
Infrastructure Management Application
Application Section Management Unit Development Unit
Management Unit Staff Development
Staff
Enterprise IT Project
Operation Network Reporting Data Swamitra & LOAS
Application Management
Section Staff Section
Staff Section
IT Project
Core Banking Operation Data Migration Swamitra & LOAS
Management
System Section Network Staff Section Staff
Staff
IT Vendor Data Migration
Core Banking Infra Data Center
Management Staff Digital Section
System Staff Section
Staff
Infra Data
Center Staff Digital Staff
New Technology
Infrastructure Unit
Infrastructure Security
Development Development
Section Section
Infrastructure Security
Development Development
Staff Staff
300 Annual Report 2023 PT Bank KB Bukopin Tbk
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Digital
Core System
Developement
Core Banking Package Customizing Digital Business & Digital Development &
IT Security
Development Unit Unit Ecosystem Solution
CBS System CBS Package Digital Retail Product Owner Cyber Defense
Parameter IT Section Business Unit Retail Unit Center Unit
Developement
Section
CBS Package Digital Retail Product Owner Cyber Defense
Staff Business Staff Retail Staff Center Staff
CBS System
Paramater IT
Development
Staff Package Digital PPOB Product Owner IT Security Planning
Customizing Business & PPOB Unit Unit
Staff Ecosystem Unit
Funding
Development
Section System Analysis & Digital PPOB Product Owner IT Security
QA Unit Business & PPOB Unit Planning Staff
Ecosystem
Funding Staff
Development
Staff Quality Assurance Product Owner
Software Section Digital Marketing SDM & BCM Unit
& Business
Core Banking Performance Unit
Development
Quality Product Owner
Staff
Assurance SDM & BCM
Software Staff Staff
Digital Marketing
Credit Product & Business
Business Development Performance
Unit IT System Performance
Analysis Staff
Personal Credit
Development
Section
Personal Credit
Development
Staff
Credit Product
Business
Development
Staff
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Business Support Functions
Looking at Bank KB Bank IT condition, it currently has four main functions which are divided into divisions (IT
Planning & Operation, IT Development, IT Security and Digital), as described as follows:
Division Functions, Roles, and Responsibilities
IT Planning & Operation Responsible for managing the development of the Bank's information technology including strategies, policies,
procedures, architecture, quality standards and building the Bank's IT infrastructure end-to-end to ensure the
security and continuity of the Bank's business processes.
IT Development Responsible for designing and developing Digital and E-channel application systems. Carry out development and
maintenance of the Core Banking System, Credit Product system and other applications (namely Treasury and Trade
Finance systems), as well as application testing including Unit Test, SIT, and UAT. Ensure technical documents,
application sources, code administration processes and documentation are implemented in accordance with
prevailing internal policies and regulations.
Digital Responsible as a digital incubator for developing digital innovation and also providing solutions. Carrying out
development planning, human capital allocation, management of digital platform features, and gathering user needs
related to digital platforms. Create transaction collaborations with companies/customers (B2B/B2C). Develop,
evaluate and perfect strategies to increase fee-based income from sales of public services, e-channels, digital
transactions & services (excluding PPOB).
INFORMATION TECHNOLOGY • Core Banking
MANAGEMENT G/L related issues and account management issues that
occurred in the old system were quickly resolved by
By focusing on and referring to the Financial Services Authority introducing a modern core banking package.
(OJK) Regulations, Bank Indonesia Regulations (PBI) and
applicable Laws (UU), the Information Technology Group • Transportation Layer
(GTI) has prepared a strategic plan for the development and Modernize today’s fragmented transport layer architecture
management of information systems by implementing an through middleware enhancements and architectural
identification process, measurement process., control and refactoring.
monitoring of all information technology assets and activities.
GTI is also preparing to prepare new capabilities as an IT service • Management Information System (MIS)
provider for the financial industry by building competence EDW has been significantly enhanced through introducing
and preparing infrastructure in accordance with applicable new functions such as RDM, CRM, audit, profitability and
regulations. KPI and compliance response.
As an effort to have a competitive advantage for the Bank, • New Loan Origination & Admin
especially the IT aspect so that it can directly participate Being able to contribute to credit risk mitigation and
in accelerating the achievement of the Bank’s performance increase recovery rates by mechanizing manual screening,
targets, in 2023-2025, the IT Group will develop innovative evaluation and post-management processes.
initiatives and solutions to support KB Bank in business
growth. For this reason, the Bank continues to strengthen • Payment Gateway
the organizational functions that perform a role in coordinating For timely launch of digital convergence products, payments,
all Information Technology functions at KB Bank. approvals, regulatory responses, reconciliation functions
for each payment network are integrated into one system.
Answering the Challenges of IT Disruption
Overall, the use of information technology in the Bank is a key to • Digital First
increase competitiveness and operational efficiency. The Bank The all-in-one digital infrastructure is used to minimize
continues to follow developments in information technology the impact on legacy systems to realize the bank’s digital
to answer emerging business challenges and opportunities, transformation strategy more safely and efficiently.
so that it can remain relevant and adaptive by carrying out
various developments, including the following:
302 Annual Report 2023 PT Bank KB Bukopin Tbk
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• General Affairs f. Manage customer debit and credit cards through KBstar
Gaining visibility into internal operations through such as changing pins, blocking cards, and unblocking
computerization of budget & expense execution processes, to requesting new cards
deed inventory management, and fixed asset management. g. The feature provides benefits to customers with a
game-like concept that makes customers interested
• IT Operation in getting points or prizes from Kbstar
Able to significantly increase service availability and quality
by introducing modern ITSM. • Corporate Internet Banking
a. Opening online time deposits for corporate customers
• Banking Terminal b. Loan applications for corporate customers
Able to solve current productivity problems by introducing c. Manage customer debit and credit cards via corporate
an integrated terminal system with improved UI/UX and internet banking such as card blocking and unblocking
usability that has a single sign on feature. to requesting new cards
• Credit Card • New Bukopinet
Able to attract wealthy customers by improving the a. Payment and purchasing features that allow agents to
functionality of outdated cards through licensing upgrades, carry out transactions for their customers
integration with new core banking and providing new digital b. Money transfer service by customers through an agent
credit card services. to another agent so that the recipient can pick it up at
the destination agent
• Digital Contact Center
Can support customers in a cost-effective way through • Open API implementation
system integration using APIs with professional Indonesian a. Providing banking API services that can be accessed
digital contact centers in the digital era. by third parties
b. Increase opportunities for collaboration with many
• Anti Money Laundering (AML) / Fraud Detection System parties, such as fintech, etc.
(FDS)
Significantly reduce the risk of major penalties and • Robotic Processing Automation (RPA)
reputation by introducing an agile compliance response a. Tools to automate simple processes that were previously
system and implementing a fraud monitoring system. done manually
b. Software technology with digital systems to perform
• Infrastructure Software repetitive and simple tasks and business processes
Increasing the availability and quality of banking services that would normally be performed by humans
through modernization of infrastructure software and c. Formulation and implementation of Robotic Processing
hardware. Automation (RPA) activities to support banking
operations
• Enterprise Authentication
A new authentication system based on various biometrics • Project Management Tools
such as fingerprint, iris or facial recognition is provided. a. Tools to increase transparency of project progress,
communication between project team members in
Application Architecture Improvements implementing IT projects and efforts to mitigate various
• KBStar project risks and handle project issues in a centralized
a. Service for existing foreign customers who wish to manner.
open additional accounts. b. Tools for resource management include simplification of
b. Integration with other e-wallet products makes it easier integrated project reporting processes and centralization
for customers to view e-wallet balances and top up. of project data which can assist management in making
c. Payment options to merchants use NFC technology on various necessary strategic decisions.
cellphones which are directly connected to accounts
via KBstar
d. Insurance product purchasing services by customers
through KBstar
e. Investment product purchasing services for customers
through KBstar
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Business Support Functions
• Expandable Public Cloud manage change points such as documents, blueprints,
a. Makes it easier for users/banks to run applications/ and source code.
programs without having to install the application first h. Integrated authentication management system for
so that users can easily access data and information Single Sign On (SSO).
via the internet. i. Mobile application fraud detection system to block
b. The convenience offered by the public cloud for illegal changes to mobile applications.
companies does not need to store data on hardware j. Weblog analysis system for system error and security
which of course has limited capacity and requires improvements.
additional costs if it is full. k. Integrated audit logs to record access types such as
users and objects.
Improved Security Architecture & Cyber Security l. Database access control system to control user
• Administrative Security database access based on authority.
a. Systematic Security Organization and definition of roles m. Database encryption system to protect against external
and distribution of experts. database intrusion, internal user authorization errors,
b. Regular Security Incident and Response training for and malicious access.
experts.
c. Increase information security awareness (IT Security Disaster Recovery
Awareness) for executives and employees and conduct The Information Technology Continuity Management Policy
regular training. provides general guidelines for implementing IT Service
d. Systematic implementation/implementation of Continuity Management (ITSCM) as an inseparable part of
information system security guidelines. implementing KB Bank IT Strategic Plan. The scope of this
policy is:
• Physical Security 1. General Policy
a. Implementation of storage media control systems in 2. Business Impact Analysis Policy
offices and security maintenance facilities, as well as 3. Risk Assessment Policy
archiving facilities for external storage media. 4. Disaster Recovery Policy
b. Creation of PC document security to prevent secret 5. Disaster Recovery Center Facilities Policy
leaks. 6. Trial Policy
c. Create PC security patch management, for the latest 7. Training and Awareness Policy
security patches and updates 8. Review and Audit Policy
d. Implementation of an illegal software blocking system 9. Third Party DRC Service Provider Policy
to identify software assets (Software Maintenance).
• Technology Security FUTURE INFORMATION TECHNOLOGY
a. Detection system to monitor suspicious activity in DEVELOPMENT PLANS
network traffic.
b. Malicious site blocking system to block access to sites In line with the increasing role of information technology for
that distribute malicious code and sites that can leak the Bank in carrying out its operational activities, this means
internal information that Information Technology does not only act as a supporting
c. Access control system to control network access by tool but can become the main element or driving force for the
checking Security Policy before accessing the internal Bank to achieve business goals. For this reason, KB Bank has
network. prepared an Information Technology development plan that
d. Implement a web firewall to protect web applications. aligns with the bank’s business plan by prioritizing innovation
e. DDoS system to respond to DDoS attacks. and digitalization. Future Information Technology development
f. Implementation of a Threat Management System (TMS) plans are as follows:
to protect internal information assets from various
threats.
g. Integrated Source Code and Repository Management to
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IT ROADMAP
2024
Completion of
2025
Strengthening the ability to operate
2026
Maximizing In-house
SHINE Project the system independently Development
• Project SHINE System Operation • Strengthen system operating capabilities • Accelerate business innovation with our
• SHINE system stabilization by prioritizing regular training and accumulated technological capabilities
• Minimize development outside the SHINE education programs for employees. • Increase collaboration with third party
project, except for regulatory needs, • Improve system operation processes to partners through open systems
audits and meeting strategic needs maximize efficiency and performance • Building an ecosystem to facilitate
• Automate system operation tasks to collaboration with various stakeholders
increase productivity
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6 Good Corporate Gavenance
Page 307
Page 308
Good Corporate Governance
Development of
the Good Corporate Governance
Principles Implementation
DEVELOPMENT OF THE GOOD CORPORATE
GOVERNANCE PRINCIPLES IMPLEMENTATION
PT Bank KB Bukopin Tbk strives to strengthen the implementation The implementation of the basic principles of GCG is outlined in
of Good Corporate Governance (GCG) throughout the company the Bank’s cultural values called ICCAN (Integrity, Competent,
environment by prioritizing the development and improvement Care, Accountable, Never Give Up) which serve as a guide
of a conducive corporate culture. This approach does not only for management and employees in working and behaving.
involve top level management, but also involves all stakeholders, The company culture is implemented through a process of
including shareholders, the Board of Commissioners, Directors internalization into systems and procedures as well as shaping
and all employees. the behavior that is in accordance with norms. With this
approach, apart that the culture has been stated in policies
For the Bank, Good Corporate Governance is a crucial factor in and procedures, it also becomes a discipline (soft skills) which
maintaining the trust of shareholders and customers, increasing is implemented by the Board of Commissioners, Directors and
the Bank’s compliance with applicable laws and regulations and employees in carrying out their duties and responsibilities.
ethical values generally accepted in the banking industry and
providing added value for shareholders, the national banking The Bank implements the five basic principles of GCG in a
industry, and stakeholders. Especially in line with the increasing comprehensive and structured manner upon the three aspects
business risks and challenges faced by the national banking of Governance, which are:
industry. 1. Governance Structure, aims to strengthen and complete
the Bank’s governance structure and infrastructure.
2. Governance Process, aims to ensure that the GCG
The Bank believes that the main key to maintaining implementation process produces output that takes into
sustainable bank growth is not only the ability to provide account the principle of significance or materiality.
excellent service to customers, but also the implementation 3. Governance Outcome, which is demonstrated through
of effective performance management and implementing the good and quality performance results.
basic principles of GCG, namely transparency, accountability,
responsibility, independence and fairness. These steps underline KB Bank determination to ensure that
every step taken and every decision made is based on the
principles of ethics, integrity and legal compliance, thereby
creating a transparent, accountable and sustainable work
environment for all stakeholders.
308 Annual Report 2023 PT Bank KB Bukopin Tbk
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BASICS OF IMPLEMENTING
CORPORATE GOVERNANCE
OJK Circular Letter (SEOJK):
The implementation of GCG at KB Bank refers to several 1. OJK Circular Letter 15/SEOJK.03/2015 dated May 25, 2015
regulations issued by the government and regulators, including: concerning the Application of Integrated Governance for
Financial Conglomerates;
Constitution: 2. OJK Circular Letter No. 32/SEOJK.04/2015 dated November
1. Law of the Republic of Indonesia No. 10 of 1998 on 17, 2015 concerning Guidelines for Public Companies
Amendment to Law No. 7 of 1992 on Banking; Governance;
2. Law of the Republic of Indonesia No. 40 of 2017 on Limited 3. OJK Circular Letter No. 30/SEOJK.04/2016 dated August 3,
Liability Company. 2016 concerning the Form and Content of Annual Reports
of Issuers or Public Companies;
OJK Regulation (POJK): 4. OJK Circular Letter No. 34/SEOJK.03/2016 concerning the
1. OJK Regulation No.18/POJK.03/2014 concerning the Implementation of Risk Management for Commercial Banks;
Implementation of Integrated Governance for Financial 5. OJK Circular Letter No. 13/SEOJK.03/2017 dated March
Conglomerates; 17, 2017 concerning the Implementation of Governance for
2. OJK Regulation No. 33/POJK.04/2014 concerning Board Commercial Banks;
of Directors and Board of Commissioners of Issuers or 6. OJK Circular Letter No. 9/SEOJK.03/2020 dated June
Public Companies; 30, 2020 concerning Transparency and Publication of
3. OJK Regulation No. 34/POJK.04/2014 concerning the Conventional Commercial Bank Reports
Nomination and Remuneration Committee of Issuers or
Public Companies; Others:
4. OJK Regulation No. 35/POJK.04/2014 concerning Corporate 1. Other provisions related to the Capital Market and others;
Secretary of Issuers or Public Companies; 2. General Guidelines for GCG in Indonesia, National
5. OJK Regulation No. 8/POJK.04/2015 concerning Issuer or Committee for Governance Policy
Public Company Website; 3. KB Bank Articles of Association.
6. OJK Regulation No. 21/POJK.04/2015 dated November
16, 2015 concerning the Implementation of Guidelines for The actualization of GCG as a culture is carried out through
Public Corporate Governance; an internal process involving the Board of Commissioners,
7. OJK Regulation No. 31/POJK.04/2015 concerning Directors and all employees. This interaction forms a positive
Transparency of Material Information or Facts by Issuers work culture and can provide the Bank with a competitive
or Public Companies; advantage.
8. OJK Regulation No. 55/POJK.04/2015 concerning
Establishment & Guidelines for Work Implementation of COMMITMENT TO SUSTAINABLE
the Audit Committee; IMPLEMENTATION OF
9. OJK Regulation No. 56/POJK.04/2015 concerning Formation CORPORATE GOVERNANCE
& Charter of Internal Audit Unit;
10. OJK Regulation No. 4/POJK.03/2016 concerning Application KB Bank strengthens its commitment to implementing Good
of Risk Management for Commercial Banks; Corporate Governance (GCG) principles consistently and
11. OJK Regulation No. 18/POJK.03/2016 concerning sustainably in every aspect of daily activities. This includes
Implementation of Risk Management for Commercial Banks; compliance with applicable regulations and laws as well as
12. OJK Regulation No. 55/POJK.03/2016 concerning openness to improvements in accordance with best practices.
Implementation of Risk Management for Commercial Banks; The aim is to be in line with the vision, mission and objectives
13. OJK Regulation No. 29/POJK.04/2016 dated July 29, 2016 of KB Bank, and to be able to grow healthily and create added
concerning Annual Reports of Issuers or Public Companies; value for shareholders and other stakeholders.
14. OJK Regulation No. 46/POJK.03/2017 dated July 12, 2017
concerning The Implementation of Compliance Function GCG is placed as an important foundation in achieving
of Commercial Bank; sustainable business growth, by strengthening GCG structures
15. OJK Regulation No. 37/POJK.03/2019 dated December 20, and mechanisms and implementing the cultural values of KB
2019 concerning Transparency and Publication of Bank Bank, namely ICCAN (Integrity, Competent, Care, Accountable,
Reports; Never Give Up) which is a guide for management and employees
16. OJK Regulation No. 15/POJK.04/2020 dated April 21, 2020 in work and behave.
concerning the Planning and Holding General Meeting of
Shareholders of Public Limited Companies; The signing of the Integrity Pact and the Gratification and Anti-
17. OJK Regulation NO. 45/POJK.03/2020 dated October 16, Bribery Declaration signifies the commitment. The Integrity
2020 concerning Financial Conglomerates Pact contains a statement or promise to oneself regarding
18. OJK Regulation No. 17 of 2023 concerning Implementation commitment to carrying out all duties, functions, responsibilities,
of Governance for Commercial Banks. authority and roles in accordance with statutory regulations and
the ability not to commit acts of Fraud, Corruption, Collusion
and Nepotism to the Board of Commissioners, Directors , and
all KB Bank employees.
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Good Corporate Governance
Commitment of the Board of Commissioners
Content of the Pact of Integrity
INTEGRITY PACT
PT. BANK KB BUKOPIN TBK
I, the undersigned,
I hereby declare that I have read the Bank KB Bukopin Code of Conduct and understand my obligations as a Commissioner to
comply with the policies and regulations contained therein, including all forms of changes made by Bank KB Bukopin.
Therefore, I swear and declare that I am willing to:
1. Commence every task with good intentions and working solely for the interests of the Company and not harming other
people and Stakeholders, based on sincerity and good faith.
2. Maintain and improve personal integrity in carrying out duties by not abusing authority and work responsibilities.
3. Comply with and implement the rules and/or provisions as stipulated in the Company’s internal regulations.
4. Will not perform any form of Fraud, Corruption, Collusion and Nepotism, play an active role in efforts to prevent, eradicate
and report/convey information on acts of Fraud, Corruption, Collusion and Nepotism within the Company.
5. Do not request and/or receive any form of gift, either directly or indirectly, in the form of Money and/or Gifts and/or Souvenirs
and/or Gratifications in any form related to Position and Work, thereby giving rise to a conflict of interest.
6. Convey information to the Wistleblowing System regarding violations or unlawful acts, unethical/immoral acts or other
acts that could harm the Company.
7. Receive consequences in the form of sanctions in accordance with Company regulations, compensation for losses incurred
due to fraudulent actions that occur, as well as legal consequences from the Police and/or other Authorities.
Thus, this Integrity Pact was created and signed with full awareness and understanding without coercion from any party.
(place), (date/month/year)
Declarer,
Name
(Position)
310 Annual Report 2023 PT Bank KB Bukopin Tbk
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Komitmen Direksi
Content of the Pact of Integrity
INTEGRITY PACT
PT. BANK KB BUKOPIN TBK
I, the undersigned,
I hereby declare that I have read the Bank KB Bukopin Code of Conduct and understand my obligations as a Director to comply
with the policies and regulations contained therein, including all forms of changes made by Bank KB Bukopin.
Therefore, I swear and declare that I am willing to:
1. Commence every task with good intentions and working solely for the interests of the Company and not harming other
people and Stakeholders, based on sincerity and good faith.
2. Maintain and improve personal integrity in carrying out duties by not abusing authority and work responsibilities.
3. Comply with and implement the rules and/or provisions as stipulated in the Company’s internal regulations.
4. Will not perform any form of Fraud, Corruption, Collusion and Nepotism, play an active role in efforts to prevent, eradicate
and report/convey information on acts of Fraud, Corruption, Collusion and Nepotism within the Company.
5. Do not request and/or receive any form of gift, either directly or indirectly, in the form of Money and/or Gifts and/or Souvenirs
and/or Gratifications in any form related to Position and Work, thereby giving rise to a conflict of interest.
6. Convey information to the Wistleblowing System regarding violations or unlawful acts, unethical/immoral acts or other acts
that could harm the Company.
7. Receive consequences in the form of sanctions in accordance with Company regulations, compensation for losses incurred
due to fraudulent actions that occur, as well as legal consequences from the Police and/or other Authorities.
Thus, this Integrity Pact was created and signed with full awareness and understanding without coercion from any party.
(place), (date/month/year)
Declarer,
Name
(Position)
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Good Corporate Governance
Commitment of the KB Bank Employees
Content of the Pact of Integrity
INTEGRITY PACT
PT. BANK KB BUKOPIN TBK
I, the undersigned,
I hereby declare that I have read the Bank KB Bukopin Code of Conduct and understand my obligations as an Employee to
comply with the policies and regulations contained therein, including all forms of changes made by Bank KB Bukopin.
Therefore, I swear and declare that I am willing to:
1. Commence every task with good intentions and working solely for the interests of the Company and not harming other
people and Stakeholders, based on sincerity and good faith.
2. Maintain and improve personal integrity in carrying out duties by not abusing authority and work responsibilities.
3. Comply with and implement the rules and/or provisions as stipulated in the Company’s internal regulations.
4. Will not perform any form of Fraud, Corruption, Collusion and Nepotism, play an active role in efforts to prevent, eradicate
and report/convey information on acts of Fraud, Corruption, Collusion and Nepotism within the Company.
5. Do not request and/or receive any form of gift, either directly or indirectly, in the form of Money and/or Gifts and/or Souvenirs
and/or Gratifications in any form related to Position and Work, thereby giving rise to a conflict of interest.
6. Convey information to the Wistleblowing System regarding violations or unlawful acts, unethical/immoral acts or other
acts that could harm the Company.
7. Receive consequences in the form of sanctions in accordance with Company regulations, compensation for losses incurred
due to fraudulent actions that occur, as well as legal consequences from the Police and/or other Authorities.
Thus, this Integrity Pact was created and signed with full awareness and understanding without coercion from any party.
….………, .…..…………2023
Declarer,
Name :
NIP :
312 Annual Report 2023 PT Bank KB Bukopin Tbk
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COMPANY COMMITMENT AND POLICY IN IMPLEMENTING
CORPORATE GOVERNANCE AND GOVERNANCE OUTCOMES
KB Bank believes the importance to maintain sustainable growth by providing superior service to customers and implementing
the principles of Good Corporate Governance (GCG). These GCG principles are rooted in ethical behavior, accountability,
transparency and sustainability.
The Bank refers to the latest General Guidelines for Indonesian Corporate Governance (PUGKI) - PUGKI 2021 - which develops
the basic value of TARIF. KB Bank ensures the implementation of GCG principles in all operational aspects and company decisions,
including corporate culture, transparency and accountability.
With this approach, KB Bank aims to strengthen the foundation of business sustainability, build stakeholder trust, and maintain
its reputation as a financial institution whose integrity is maintained.
The following are the 4 (four) pillars of corporate governance that guide KB Bank in managing the Company:
Ethical Behavior
Definition
In performing its activities, the Corporation always prioritizes honesty, treats all parties with respect, fulfills commitments, builds and maintains
moral values and beliefs consistently. The corporation pays attention to the interests of shareholders and other stakeholders based on the principle
of fairness and is managed independently so that each organ of the company does not dominate the other and cannot be intervened by other
parties.
Application within the scope of the Company
At KB Bank, every level of our organization, from the Commissioners and Directors to Executive Officers and employees, is deeply committed to
upholding our Code of Ethics. This commitment is exemplified by our unwavering dedication to compliance with all relevant regulations and laws.
Moreover, we embrace and embody our company’s core values of Integrity, Competence, Care, Accountability, and Perseverance in every aspect of
our work.
Accountability
Definition
Corporations can account for their performance in a transparent and fair manner. For this reason, corporations must be managed properly,
measurably and in accordance with corporate interests while taking into account the interests of shareholders and stakeholders. Accountability is a
prerequisite needed to achieve sustainable performance.
Application within the scope of the Company
All levels at KB Bank, starting from the Commissioners, Directors, Executive Officers and employees, perform their mandatory duties to be
accountable for their actions in accordance with the lines of authority established by the company, by improving governance aspects through
stakeholder participation by covering all important aspects of the company.
Transparansi
Definition
To maintain objectivity in conducting business, the corporation provides material and relevant information in a way that is easily accessible and
understandable to stakeholders. Corporations take the initiative to disclose not only issues required by laws and regulations, but also important
matters for decision making by shareholders, creditors and other stakeholders.
Application within the scope of the Company
Communicate with Shareholders or Investors through effective and continuous communication. As well as implementing information disclosure in an
accurate and timely manner.
Sustainability
Definition
The corporation complies with laws and regulations and is committed to do their responsibilities towards society and the environment in order
to contribute to sustainable development by working with all relevant stakeholders to improve their lives in a way that is aligned with business
interests and the sustainable development agenda.
Application within the scope of the Company
KB Bank has a strong commitment to building honest and open communication with shareholders and the community, including by respecting
community culture, involving itself in social activities, and preserving the environment which is a shared responsibility.
Apart from implementing the 4 main pillars of corporate governance, KB Bank also adopted 8 comprehensive corporate governance
principles. These principles include the rights of shareholders, stakeholders, basic rules regarding management, and supervision
of corporate management in Indonesia. These principles also pay attention to aspects of ethics, risk management and disclosure.
The eight principles of corporate governance are divided into 3 (three) groups:
1. Corporate Management and Supervision Function
These principles regulate the roles and responsibilities of the Board of Directors and Board of Commissioners. The main
focus is on decision-making mechanisms, monitoring and supervision of corporate activities.
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Good Corporate Governance
2. Process and Output from the Board of Directors and Board of Commissioners
This group of principles regulates the processes used by the Board of Directors and Board of Commissioners in making
decisions and the results resulting from these processes. This includes performance evaluation criteria, strategic planning,
and transparent financial reporting.
3. Resource Owner
These principles regulate how shareholders and other stakeholders will receive benefits from the implementation of corporate
governance. This involves shareholder rights, protection of stakeholder interests, and fair allocation of dividends.
By implementing these eight principles, KB Bank aims to ensure that corporate management is carried out with strong principles
and in accordance with established standards. It also helps banks in building trust and maintaining a good reputation in the eyes of
shareholders, stakeholders and the general public.
The following are 8 (eight) principles of corporate governance and their application within the Company, as attached below.
Principle 1: Roles and Responsibilities of the Board of Directors and Board of Commissioners
Definition
The Board of Directors and Board of Commissioners conduct their roles and responsibilities independently to create sustainable value for the long-
term best interests of the corporation and shareholders, taking into account the interests of stakeholders.
Explanation
Principle 1 relates to the roles and responsibilities of the Board of Directors in conducting corporate management and the roles and responsibilities
of the Board of Commissioners in supervising the management of the corporation by the Board of Directors. In addition, this Principle regulates the
performance assessment of the Board of Directors and the Board of Commissioners and their respective members, handling conflicts of interest
that occur to members of the Board of Directors and members of the Board of Commissioners and increasing the competence of members of the
Board of Directors and members of the Board of Commissioners.
Principle 2: Composition and Remuneration of the Board of Directors and Board of Commissioners
Definition
Members of the Board of Directors and members of the Board of Commissioners are selected and determined in such a way that the composition
of the Board of Directors as the management organ and the composition of the Board of Commissioners as the supervisory organ are diverse and
each consists of Directors and Commissioners who have the commitment, knowledge, ability, experience and expertise needed to appropriately
fulfill the management role of the Board of Directors and the supervisory role of the Board of Commissioners.
Remuneration is designed to effectively align the interests of members of the Board of Directors and members of the Board of Commissioners with
the long-term interests of the corporation and sustainable value creation.
Explanation
Principle 2 requires that the selection and appointment of members of the Board of Directors and members of the Board of Commissioners be executed
in such a way that the Board of Directors and the Board of Commissioners as management and supervisory organs, respectively, have a composition
of members with the required knowledge, abilities and expertise in accordance with their respective roles. In addition, this Principle emphasizes the
importance of remuneration policies to encourage members of the Board of Directors and members of the Board of Commissioners to prioritize the long-
term interests of the corporation based on the principle of sustainability, and requires disclosure of remuneration policies and information received by the
Board of Directors and Board of Commissioners in a transparent and accountable manner.
Principle 3: Working Relationship between the Board of Directors and the Board of Commissioners
Definition
The Board of Directors and the Board of Commissioners have a close, open, constructive, professional and trusting working relationship for the best
interest of the corporation.
Explanation
Principle 3 emphasizes the importance of a close, open, constructive, professional, trusting working relationship between the Board of
Directors and the Board of Commissioners in achieving the best interests of the corporation. Principle 3 also regulates the need for the Board
of Commissioners to access complete information and the importance of members of the Board of Directors and the Board of Commissioners
understanding the implications of the ownership structure of the corporation on the implementation of their roles.
Principle 4: Ethical Behavior
Definition
The Corporation is committed to acting ethically and responsibly, upholding the values and culture of the organization.
Explanation
Principle 4 requires corporations to make periodic statements about the corporation’s commitment not only to comply with applicable laws and
regulations, but also a commitment to act in an ethical and responsible manners.
Principle 5: Risk Management, Internal Control and Compliance
Definition
Corporation conduct corporate governance practices that are integrated with the implementation of internal control and risk management systems,
as well as effective compliance management systems in order to support the achievement of corporate goals, vision, mission, objectives, and
performance targets in conducting business with integrity.
Explanation
Principle 5 requires the Board of Directors to implement governance, internal control and risk management systems, and compliance management
systems in an integrated manner as part of the strategies, management tools, and practices carried out by the corporation in doing business
responsibly (responsible business) as a good corporate citizen. The Board of Commissioners monitors and provides input on the effectiveness of
the implementation of governance, internal control and risk management systems, and corporate compliance management systems implemented in
an integrated manner by the Board of Directors.
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Principle 6: Disclosure and Transparency
Definition
The corporation makes accurate and timely disclosures regarding all material matters concerning the corporation.
Explanation
Principle 6 requires corporation to have a governance framework capable of providing assurance that can result in accurate and timely disclosure
of all material matters about the corporation, which includes financial condition and performance, ownership of the corporation, and corporate
governance.
Principle 7: Shareholder Rights
Definition
The Corporation protects and facilitates the exercise of shareholder rights and ensures fair treatment of shareholders, including minority
shareholders. All shareholders have the opportunity to obtain effective redress for violations of their rights.
Explanation
Principle 7 describes the fulfillment of shareholder rights and fair treatment for shareholders, how active cooperation between the corporation and
its shareholders is carried out and the effective exercise of some shareholder rights through the GMS.
Principle 8: Stakeholder Rights
Definition
The corporation recognizes the rights of stakeholders stipulated in applicable laws and regulations or an agreement agreed upon by the corporation
and encourages active cooperation with stakeholders in creating wealth, employment, and financially sound business sustainability.
Explanation
Principle 8 explains the role of the Board of Directors and Board of Commissioners in integrating sustainability aspects in the corporate business
model, conducting stakeholder engagement, and ensuring the protection of stakeholders’ rights. The Board of Commissioners monitors the
integration of all aspects mentioned above by the Board of Directors.
GOVERNANCE FRAMEWORK GOVERNANCE OUTCOME
The Bank implements the 4 pillars of corporate governance in As a positive impact of the manifestation of the implementation
a comprehensive and structured manner on the three aspects and enforcement of governance towards creating a work culture
of governance, namely: and business continuity, the Bank always maintains the trust of
1. Governance structure Governance structure shows controlling shareholders and external parties. This is realized by
the adequacy of the Bank’s governance structure and the results of the implementation of good corporate governance
infrastructure so that the process of implementing good at KB Bank which is generally good as reflected in the adequate
governance principles produces outcomes that are in line fulfillment of the principles of good corporate governance.
with the expectations of the Bank’s stakeholders. Included in In 2023, KB Bank GCG ranking based on self-assessment is
the Bank’s governance structure are the Board of Directors, Rank 2 (two).
Board of Commissioners, Committees and Work Units
at the Bank. What is included in the Bank’s governance QUALITY STANDARDS FOR
infrastructure includes Bank policies and procedures, IMPLEMENTING CORPORATE
management information systems and the main tasks and GOVERNANCE
functions of each organizational structure. KB Bank implements Good Corporate Governance (GCG)
2. Governance process Governance process reflects the standards by integrating the company’s vision and mission
effectiveness of the process of implementing good which are realized through the Company’s Cultural Values,
governance principles which is supported by the adequacy known as ICCAN (Integrity, Competent, Care, Accountable, &
of the Bank’s governance structure and infrastructure, Never Give Up). ICCAN is a guide for all levels of management
resulting in outcomes that are in line with the expectations and employees in carrying out their duties and behaving.
of stakeholders.
3. Governance outcomes (governance outcomes) Governance Implementing GCG is considered a long-term process that aims
outcomes are demonstrated by the quality of outcomes to generate sustainable value. GCG is a culture that is instilled
that meet the expectations of Bank stakeholders which are through an internal process that involves all levels of the Board
the result of the process of implementing good governance of Directors, Board of Commissioners and employees.
principles and are supported by the adequacy of the Bank’s
governance structure and infrastructure.
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Good Corporate Governance
GCG implementation standards regulate the role of the Board of 1. Monitoring the implementation of SEOJK recommendations
Commissioners in executing its supervisory function to ensure to all related work units.
that the management of the Company by the Board of Directors 2. Provide reminders about the implementation of GCG to all
is in accordance with applicable regulations. The Board of related work units.
Directors is responsible for conducting management functions 3. Increase socialization with Compliance Awareness. What is
in a trustworthy and professional manner, and avoiding conflicts meant is awareness that there are regulations by all parties
of interest. All GCG organs work synergistically to ensure that along with an understanding of the regulations.
all Bank operational activities comply with applicable legal
provisions. GCG SELF ASSESSMENT
In addition, as a business entity whose shares are listed The Bank applies GCG Implementation Quality standards,
on the Indonesian Stock Exchange and supervised and including the following:
supervised by the Indonesian Financial Services Authority, GCG 1. Ensure that the basic principles of governance are
implementation standards at KB Bank also refer to Financial implemented comprehensively.
Services Authority Regulation No. 21/POJK.04/2015 concerning 2. Monitoring weaknesses in the GCG implementation process.
Implementation of Public Company Governance Guidelines and 3. Improve coordination and communication with related
POJK No. 17 of 2023 concerning Implementation of Governance departments/units to play an active role in implementing
for Commercial Banks. GCG.
4. Improve the quality and role of organs in the GCG
To further improve the quality of GCG implementation, KB Bank organization to implement a culture of GGC implementation
also reviews and aligns best practices that apply globally, at all levels of the organization.
including:
1. Corporate Governance Principles for Stated Owned As a mean to improve and increase the quality of GCG
Companies developed by the Organization for Economic implementation and based on OJK Regulation No. 17 of 2023
Co-operation and Development (OECD), namely the ASEAN regarding Implementation of Governance for Commercial Banks;
Corporate Governance Scorecard; Banks must carry out a comprehensive self-assessment every
2. Corporate Governance Perception Index (CGPI) organized semester in order to determine a follow-up plan that includes
by The Indonesian Instituter for Corporate Governance corrective action (if necessary) taking into account 11 (eleven)
(IICG). CGPI is a research and ranking program for the assessment factors, namely:
implementation of GCG in companies in Indonesia; 1. Implementation of the duties and responsibilities of the
3. Principles for Enhancing Corporate Governance published Board of Directors;
by the Basel Committee on Banking Supervision; And 2. Implementation of the duties and responsibilities of the
4. ESG or Environment, Social, and Governance. Board of Commissioners;
3. Completeness and implementation of committee duties;
The internalization of various laws and regulations and 4. Handling conflicts of interest;
guidelines with national and international standards into KB 5. Implementation of compliance functions;
Bank internal policies is a commitment from the Board of 6. Implementation of the internal audit function;
Commissioners and Directors along with all KB Bank personnel. 7. Implementation of the external audit function;
This commitment is translated into the Company’s vision, 8. Implementation of risk management including an internal
mission and values and is expected to be integrated into the control system;
daily behavior of all KB Bank employees. 9. Provision of funds to related parties and provision of large
funds (large exposure);
GCG IMPLEMENTATION ASSESSMENT 10. Transparency of the Bank’s financial and non-financial
conditions, reports on the implementation of governance
KB Bank consistently improves the quality of Good Corporate and reporting internal;
Governance (GCG) implementation which is reflected in 11. Bank strategic plan.
the increase in governance outcomes from year to year.
This improvement can be seen in operational and financial
performance which shows sustainable growth as a result of
GCG implementation.
To maintain this consistency, the Bank regularly measures the
quality of GCG implementation, both through self-assessment
and collaboration with third parties, in order to obtain more
independent assessment results. The implementation of
monitoring GCG implementation is carried out by:
316 Annual Report 2023 PT Bank KB Bukopin Tbk
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The following are the results of the self-assessment of GCG implementation at KB Bank as of December 2023:
RANK RANK DEFINITION
Individual 2 KB Bank has implemented Governance which is
generally Fair. This is reflected in the adequate
fulfillment of the principles of Governance. In
the event that there are weaknesses in the
implementation of Governance principles, in
general these weaknesses are quite significant
and require adequate attention from the Bank’s
management. Thus, KB Bank GCG rating is Rank 2.
Consolidation 2 The implementation of KB Bank good corporate
governance in a consolidated is Fair, the GCG
assessment of PT Bank Syariah Bukopin and PT
Bukopin Finance as Subsidiaries has no impact
or influence that may cause a decline in Bank KB
Bukopin’s GCG assessment.
ANALISIS
Based on the analysis of indicators for all factors assessing the implementation of KB Bank Governance, it can be stated as follows:
1. All members of the Board of Commissioners have passed the Fit and Proper Test from the OJK.
2. All members of the Board of Directors have passed the Fit and Proper Test from the OJK.
3. The function and implementation of the committee’s duties runs well.
4. There is no conflict of interest that is detrimental to the Bank or reduces the Bank’s profits.
5. The Bank has periodically submitted basic reports on the implementation of the duties of the Director in charge of the compliance function to
the OJK.
6. Reports on activities for implementing the internal audit function have been included in the Annual Report.
7. Public Accountants work independently and objectively in conducting audits
8. The Bank has implemented risk management through an organizational structure that supports the implementation of risk management and
risk management processes. Based on the risk profile analysis, the risks faced by the Bank are classified as low to moderate.
9. In December 2023, there will be no Legal Lending Limits exceedance.
10. Annual Reports and Quarterly Reports have been submitted in a timely manner.
11. Submission of the RBB has been approved by the Board of Commissioners and submitted to the OJK.
Results of Self-Assessment on Implementation of Governance
In 2023, based on the findings and results of the analysis profile reports for March, June, September and December to
as described above, the implementation of good corporate the Financial Services Authority. The report is prepared using
governance at Bank KB Bukopin is generally “FAIR” as reflected a self-assessment using a risk approach (risk based Bank
in adequate compliance with the principles of good corporate rating), as regulated in Financial Services Authority Circular
governance. Weaknesses found in the implementation of good Letter No. 14/SEOJK.03/2017 dated March 17, 2017 concerning
corporate governance in general are less significant and can the Assessment of the Soundness Level of Commercial Banks.
be resolved with normal actions by Bank Management. Thus,
KB Bank GCG rating is Rank 2 (two). From the results of the quarterly risk profile self-assessment
submitted to the Financial Services Authority, for December
Soundness Rating of Bank 2023, the Bank’s overall composite risk rating is at low to
The Bank’s soundness level reflects the results of an assessment moderate (P2).
of the Company’s condition regarding the Bank’s risks and
performance which can be seen from the final ranking of the IMPLEMENTATION OF CORPORATE
assessment results based on OJK Regulation No. 17 of 2023 GOVERNANCE ASPECTS AND
concerning the Implementation of Governance for Commercial PRINCIPLES IN ACCORDANCE
Banks, and OJK Circular No. 14/SEOJK.03/2017 dated March WITH FINANCIAL SERVICES
17, 2017 regarding Assessment of the Soundness Level of AUTHORITY REGULATIONS
Commercial Banks using a risk approach (Risk-based bank
rating) which includes four factors, namely: Based on OJK Regulation no. 21/POJK.04/2015 concerning
1. Risk Profile; Public Company Governance and OJK Circular Letter No.
2. Good Corporate Governance; 32/SEOJK.04/2015, there are 5 aspects, 8 principles and
3. Profitability; 25 recommendations for implementing Good Corporate
4. Capital. Governance. These recommendations are standards that
must be implemented by companies to ensure effective and
integrated Corporate Governance practices.
The risk profile report is one of the factors in assessing the
bank’s health level. Banks are required to submit quarterly risk
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Good Corporate Governance
Explanation of Implementation at KB
No Principles Recommendations Description
Bank
I Aspect 1: Public Company Relations with Shareholders in guaranteeing the rights of Shareholders
Prinsip 1 Public Company has a method or technical The Bank regulates the mechanism or Fulfilled
Meningkatkan Nilai procedure for voting (open or closed voting) procedure for collecting votes in the Company's
Penyelenggaraan that prioritizes independence, and the Articles of Association which prioritizes the
RUPS interests of shareholders. independence and interests of shareholders in
accordance with the POJK General Meeting of
Shareholders (confirmation with Korsek)
All members of the Board of Directors All Directors and Board of Commissioners were Fulfilled
and Board of Commissioners of the Public present at the Annual GMS, either face-to-
Company are present at the Annual GMS. face and/or via video conference (confirm with
Korsek)
A summary of GMS minutes is available on The Bank has provided the minutes of the GMS Fulfilled
the Public Company Website for at least 1 on the website in the Investor Relations section
(one) year.
Principle 2 Improving Public Company has a communication policy The Bank has special communication facilities Fulfilled
the Quality of with shareholders or investors. for shareholders and other stakeholders in the
Public Company form of corporate secretary e-mail and investor
Communication with relations.
Shareholders or
Investors. The Public Company discloses the Public The bank has included the corporate secretary Fulfilled
Company’s communication policy with and investor relations e-mail on the website
shareholders or investors on the Website. as a means of communication between the
company and stakeholders.
II Aspect 2: Function and Role of the Board of Commissioners
Principle 3 Determination of the total of members of The Company determines the number of Fulfilled
Strengthening the Board of Commissioners considers the members of the Board of Commissioners in
the Membership condition of the Public Company. accordance with POJK Governance and other
and Composition applicable regulations
of the Board of
Commissioners Determination of the composition of the The company determines the member Fulfilled
members of the Board of Commissioners cpmposition of the Board of Commissioners
takes into account the diversity of expertise, takes the diversity, expertise, knowledge and
knowledge and experience required. experience required into account in accordance
with POJK Governance and other applicable
regulations.
Prinsip 4 The Board of Commissioners has In accordance with Decree No. 005 of 2021 Fulfilled
Meningkatkan Self Assessment policy to assess concerning Guidelines and Work Rules for
Kualitas the performance of the Board of the Board of Commissioners of PT. Bank KB
Pelaksanaan Tugas Commissioners. Bukopin Tbk dated 29 June 2021 that the Board
dan Tanggung of Commissioners is obliged to carry out a self-
Jawab Dewan assessment which has been described in the
Komisaris performance assessment section of the Board
of Commissioners of this Annual Report.
Self-assessment policy to assess Self-assessment to assess the performance of Fulfilled
the performance of the Board of the Board of Commissioners is disclosed in the
Commissioners, is disclosed through the performance assessment section of the Board
Annual Report of the Public Company. of Commissioners of this Annual Report.
The Board of Commissioners has a policy Any proposal for appointment and/or Fulfilled
regarding the resignation of members of the replacement of members of the Board of
Board of Commissioners if they are involved Commissioners/Directors to the GMS must
in financial crimes. take into account the recommendations of
the Remuneration and Nomination Committee
and obtain approval as regulated in Decree
0272 of 2017 concerning PT Bank Bukopin’s
Good Corporate Governance Guidelines dated
10 February 2017. Explained in the provisions
that members of the Board of Commissioners/
Board of Directors must never be punished for
committing a criminal act that is detrimental to
the State’s finances and/or the financial sector.
The Board of Commissioners or the The appointment and dismissal of the Fulfilled
Committee that carries out the Nomination Company’s Directors is carried out based on
and Remuneration function shall formulate the principles of professionalism and GCG. The
a succession policy in the process of Company refers to Financial Services Authority
nominating members of the Board of Regulation Number 17 of 2023 concerning
Directors. Implementation of Governance for the Public.
A description of the succession policy in
the nomination process for members of the
Company’s Directors has been disclosed in the
Directors’ Succession section of this Annual
Report
318 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 319
Explanation of Implementation at KB
No Principles Recommendations Description
Bank
III Aspect 3: Function and Role of Board of Directors
Principle 5 Determination of the total of members of the All members of the board of directors have Fulfilled
Strengthening the Board of Directors considers the condition adequate competence and are relevant to
Membership and of the Public Company and its effectiveness their position to carry out their duties and
Composition of Board in decision making. responsibilities in carrying out their duties
of Directors. and responsibilities. Based on observations
of the curriculum vitae of members of the
board of directors, it appears that the directors
have integrity and competence that supports
the implementation of their duties as bank
directors. One of the ways this is revealed is
the track record of a clear career path at the
bank and participation in various training and
certifications.
Determination of the composition of The company’s financial reports are prepared Fulfilled
members of the Board of Directors pays by referring to generally accepted financial
attention to the diversity of expertise, accounting standards in Indonesia and have
knowledge, and experience needed. been signed by the Company’s Board of
Directors.
Member Board of Directors in charge of the All members of the board of directors have Fulfilled
field accounting or finance have expertise adequate and relevant competencies for
and/or knowledge in accounting. their position to carry out their duties and
responsibilities in carrying out their duties
and responsibilities. Based on observations
of the curriculum vitae of members of the
board of directors, it appears that the directors
have integrity and competence that supports
the implementation of their duties as bank
directors. One of the ways this is revealed is
the existence of a track record of a clear career
path at the bank and participation in various
training and certifications.
Principle 6 The Board of Directors has the Self- Referring to Decree No.0404 of 2020 dated Fulfilled
Improving the Quality Assessment policies to assess the 30 December 2020, the Board of Directors
of Implementation of performance of the Board of is obliged to carry out a Self-Assessment
Directors’ Duties and Directors. Policy through the Key Performance Indicator
Responsibilities (KPI) assessment system as described in the
Directors’ performance assessment section of
this Annual Report.
The self-assessment policies to assess the The self-assessment of the directors’ Fulfilled
performance of the Board of Directors are performance has been disclosed in the
disclosed through the annual report of the directors’ performance assessment section of
Public Company. this annual report.
The Board of Directors has policies related The policy regarding the resignation of Fulfilled
to the resignation of members of the Board members of the Board of Directors is regulated
of Directors when involved in financial in Decree 0272 of 2017 concerning PT Bank
crimes. Bukopin’s Good Corporate Governance
Guidelines dated 10 February 2017. (*will be
updated in accordance with POJK No. 17
of 2023 concerning the Implementation of
Governance for Commercial Banks.
PT Bank KB Bukopin Tbk Annual Report 2023 319
Page 320
Good Corporate Governance
Explanation of Implementation at KB
No Principles Recommendations Description
Bank
Principle 7 Improving Public Company has a policy to prevent Policies related to Insider Trading are regulated Fulfilled
Corporate Governance insider trading. in Decree 0056 of 2022 concerning Share
Aspects through Ownership Policy for Directors, Board of
Stakeholder Commissioners and Employees of PT Bank KB
Participation. Bukopin, Tbk
Public Company has anticorruption and anti- KB Bank has an anti-fraud policy and other Fulfilled
fraud policies. policies related to anti-corruption, including
Decree No.0165 of 2021 concerning Anti-
Bribery and Corruption Policy dated December
3, 2021.
Public Company has a policy regarding the The Company has a policy regarding the Fulfilled
selection and enhancement of the capability selection and improvement of vendor
of suppliers or vendors capabilities through the Operational Activity
Guidelines. The guidelines are Circular Letter
No.164/DIR/VI/2020 concerning Guidelines for
Operational Activities - Procurement of Goods
and Services.
Public Company has a policy regarding the The Company has established Whistleblowing Fulfilled
fulfillment of creditor rights. Guidelines through Decree No. 1291/2018.
Public Company has a Whistleblowing Decree No.0205 Year 2023 on Whistleblowing Fulfilled
system policy. System (WBS) Policy dated November 9, 2023
Public Companies have a long-term None Not Fulfilled
incentive policy for Directors and
employees.
V Aspect 5: Information Disclosure
Principle 8 Improving Public Company makes greater use of The company has social media accounts. They Fulfilled
the Implementation of information technology in addition to are the Newspapers and the Indonesian Stock
Information Disclosure the Website as a medium for information Exchange Website
disclosure.
The Annual Report of Public Company KB Bank every month reports share ownership Fulfilled
discloses the ultimate beneficial owner in of more than 5% to the Stock Exchange
the ownership of a Public Company share of Authority and has disclosed it in this Annual
at least 5% (five percent), in addition to the Report.
disclosure of the ultimate beneficial owner
in the ownership of the shares of the Public
Company through the main and controlling
shareholders
CORPORATE GOVERNANCE
STRUCTURE AND MECHANISM
the Board of Commissioners, consists of:
The Corporate Governance Structure of KB Bank follows the 1. Audit Committee;
Law of the Republic of Indonesia no. 40 of 2007 concerning 2. Risk Monitoring Committee;
Limited Liability Companies (UU PT). The Company’s organs 3. Remuneration & Nomination Committee;
consist of the General Meeting of Shareholders (GMS), Board 4. Integrated Governance Committee.
of Commissioners and Directors. The management system
adopts a two-tier system, namely the Board of Commissioners The Board of Directors together with the Bank’s management
and Directors, which have clear authority and responsibility in are tasked with managing, controlling and being responsible
accordance with statutory regulations. for the implementation of governance at Bank KB Bukopin,
assisted by the Corporate Secretary, Internal Audit (SKAI) and
Each organ has an important role in implementing GCG and the Board of Directors Committee, consisting of:
carrying out its functions, duties and responsibilities for the 1. Risk Management Committee;
benefit of the Company. To maximize the function of the main 2. Asset and Liability Committee (ALCO);
organ, KB Bank is supported by supporting organs, including 3. Information Technology Steering Committee;
Committees under the Board of Commissioners, Company 4. Credit Restructuring Committee;
Secretary, Internal Audit Unit (SKAI), and Directors Committee 5. Problem Loan Settlement Committee;
under the Board of Directors. 6. Credit Committee;
7. Foreign Exchange Committee;
The Board of Commissioners Committee which was formed 8. IT Support Committee;
to assist and improve the supervisory function carried out by 9. Internal Control and Anti-Fraud Committee.
320 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 321
KB BANK GOVERNANCE STRUCTURE
Main Organ Supporting Organs Infrastructure
• Audit Committee
• Risk Monitoring Corporate Regulations,
Committee Code of Ethics & Conduct,
Board of Policies and Procedures
Commissioners • Remuneration &
Nomination Committee
• Integrated Governance
Committee
General Meeting
of Shareholders
• Risk Management Committee
• Assets and Liabilities Committee (ALCO)
• Information Technology Steering
Board of Committee
Directors
• Remedial Committee
• Credit Committee
Business Unit
The following is a list of policies and SOPs owned by Bank KB Bukopin:
KEBIJAKAN/SOP KETERANGAN
Code of Ethics • Guidelines of Decree of The Board of Director No. 0382 of 2020 concerning the Code of
Ethics of PT Bank KB Bukopin Tbk.
Credit Lending Guidelines • Decree of the Board of Directors No. 0394 of 2020 concerning The Credit Lending Limit
Policy of PT. Bank KB Bukopin Tbk.
Board of Commissioners & Supporting • Decree of the Board of Commissioners No. 015 of 2019 concerning the Work Guidelines and
Committee Work Guidelines Code of Conduct of the Board of Commissioners of PT Bank Bukopin Tbk.
• Decree of the Board of Commissioners No. 004 of 2019 concerning the Work Guidelines
and Code of Conduct of the Audit Committee of PT Bank Bukopin Tbk.
• Decree of the Board of Commissioners No. 005 of 2019 concerning the Work Guidelines and
Code of Conduct of the Risk Monitoring Committee of PT Bank Bukopin Tbk.
• Decree of the Board of Commissioners No. 001 of 2019 concerning the Work Guidelines and
Code of Conduct of the Remuneration and Nomination Committee of PT Bank Bukopin Tbk
Directors Work Guidelines • Board of Directors Circular No. 28 of 2022 concerning Work Guidelines and Code of
Conduct for the Board of Directors of PT Bank KB Bukopin Tbk
Internal Audit Charter • Board of Directors Decree No. 0146 of 2022 concerning the Internal Audit Charter of PT
Bank KB Bukopin Tbk
Risk Management Guidelines • Decree No.0165 on Anti-Bribery and Corruption Policy
Gratification Management Guidelines • Decree No.0205 Year 2023 on Whistleblowing System (WBS) Policy
Whistleblowing System • Board of Directors Decree No. 1291 of 2018 concerning the Implementation of the
Whistleblowing System Guidelines of Bank Bukopin
Other Guidelines • Articles of Association of PT Bank Bukopin Tbk.
• Board of Directors Decree No. 0178 of 2021 concerning Hierarchy of Internal Provisions
Policy of PT Bank KB Bukopin Tbk
PT Bank KB Bukopin Tbk Annual Report 2023 321
Page 322
Good Corporate Governance CORPORATE GOVERNANCE MECHANISM KB Bank commitment to Good Corporate Governance is demonstrated through a series of operational policies and procedures that are consistently implemented in all daily activities. This policy is designed to ensure that every aspect of GCG practices is adhered to strictly and continuously. The process of implementing policies and procedures related to GCG is not only an obligation, but also an integral part of the work culture at KB Bank. All members of the organization, from top management to lower level employees, are directed to understand, internalize and implement GCG principles in every action and decision they take. Apart from being implemented in daily activities, GCG policies are also regularly reviewed and evaluated to ensure their relevance to market conditions, the latest laws and regulations, and best practices in the banking industry. This review was carried out comprehensively and involved participation from various parties at KB Bank, thereby ensuring that GCG policies and procedures remained up-to-date and effective in achieving company goals. Apart from that, commitment to GCG policies does not only stop at the level of decision making and implementation, but also in terms of communication and outreach. GCG policies are communicated widely to all elements of the Bank’s organization, either through training, meetings or other internal communication media. This aims to ensure that every member of the organization understands how important GCG principles are in achieving KB Bank strategic goals. 322 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 323
General Meeting
of Shareholders
The General Meeting of Shareholders (GMS) at KB Bank serves The entire GMS process also reflects the Bank’s commitment
as the highest forum equipped with special rights and authority, to ensuring that the principles of good corporate governance
in accordance with the provisions stipulated in statutory are applied consistently, ensuring that all parties involved
regulations and the Bank’s Articles of Association. Its main in decision making are within the established corridors, and
function is as an effective communication medium between the ensuring that the interests of shareholders are well safeguarded.
Board of Directors, Board of Commissioners and shareholders.
The Company’s GMS is held with reference to provisions
In each GMS, shareholders have the opportunity to ask including:
questions and get answers to various issues related to the 1. Law no. 40 of 2007 concerning Limited Liability Companies;
Bank’s policies, performance and strategic direction. This allows 2. OJK Regulation no. 15/POJK.04/2020 dated April 20,
shareholders to gain a deeper understanding of the various 2020 concerning Plans and Implementation of the General
aspects that influence the Bank’s performance and prospects. Meeting of Shareholders of Public Companies;
Apart from being a means for communication, the GMS is also 3. OJK Regulation no. 16/POJK.04/2020 dated April 20, 2020
an opportunity to maintain transparency and accountability of concerning the Implementation of Electronic General
Bank management to shareholders. In this way, decisions taken Meetings of Shareholders of Public Companies; And
by the Board of Directors and Board of Commissioners can 4. OJK Regulation no. 17 of 2023 concerning Implementation
be accounted for clearly and in accordance with the interests of Governance for Commercial Banks.
of shareholders.
SHAREHOLDERS
Shareholders are individuals or legal entities who legally own
Bank shares. Shareholders do not intervene in the functions,
duties and authority of the Board of Commissioners and
Directors. As of December 31, 2023, the composition of KB
Bank Shareholders is as follows:
KB Finansial Group Inc.
100%
STIC Eugene Star
Public < 5%
Holdings Inc.
16.98% 66.88% 16.14%
PT Bank KB Bukopin Tbk Annual Report 2023 323
Page 324
Good Corporate Governance
TYPE OF GMS SHAREHOLDER RIGHTS
In the the Articles of Association of the Company, it was Shareholder rights in accordance with Law No. 40 of 2007
explained that there are two types of GMS in the Company: are as follows: :
1. Annual GMS 1. Receiving stock dividends on terms and conditions in
This GMS is held no later than 6 (six) months after the end accordance with the resolution of the GMS.
of the fiscal year. The main agenda of the Annual GMS 2. Participating in making decisions at the GMS based on
consists of submitting Financial Statements and Annual the applicable terms and conditions and the GMS Rules.
Reports from the Board of Directors to be approved by the 3. Obtaining information regarding the GMS Rules and voting
Shareholders, appointing a Public Accountant Firm for next procedures in the GMS.
year, deciding on the use of profits, appointing or dismissing
members of the Board of Directors or members of the Board PROCEDURE FOR HOLDING GMS
of Commissioners and deciding on other matters required.
2. Extraordinary GMS 1. Extraordinary General Meeting of Shareholders (hereinafter
The implementation of the Extraordinary GMS can be held referred to as “Meeting”) will be held in Indonesian language.
at any time according to the needs of the Company by the 2. In accordance with Article 12 paragraph 7 of the Company’s
Board of Directors or the Board of Commissioners, at the Articles of Association, the Meeting will be chaired by a
request of the Shareholders. Member of the Board of Commissioners appointed by the
Company’s Board of Commissioners.
AUTHORITY OF GENERAL 3. All meetings are discussed on an ongoing basis.
MEETING OF SHAREHOLDERS 4. After finishing discussing each meeting, the Chairperson of
the Meeting will provide the opportunity for shareholders
The GMS has the authority not given to the Board of Directors or their proxies to submit questions opinions, proposals
or the Board of Commissioners, within the limits specified in or suggestions before voting on matters relating to the
Act 40 of 2007 concerning Limited Liability Companies and/ Meeting event discussed.
or the Company’s articles of association. 5. The right to ask for questions and/or opinions at the Meeting
are only the shareholders of the Company or their legal
The authority of the GMS includes: proxies whose names are registered in the Register of
1. Evaluating the performance of the Board of Commissioners Shareholders of the Company the day before the notice
and Board of Directors; date of GMS.
2. Approving amendments to the Articles of Association; 6. Questions: Shareholders who want to ask questions, are
3. Approving to the Board of Directors Report, the Board of welcome to raise their hands and fill out the question form
Commissioners Supervisory Report and the Company’s that has been distributed. The clerk will collect the form
Financial Statements; that has been filled out by the questioner, which includes
4. Determining the allocation of the use of profits; the name, total of shares owned or represented and the
5. Appointing and determining the cost of public accountant questions. After the questioner has asked questions through
services; the form, the Chairperson will answer or respond. Questions
6. Determining the amount and type of compensation and that will be answered are questions that are directly related
management facilities; to the Meeting.
7. Approving the Annual Report including the Company’s 7. Voting Rights
Financial Statements and the Supervisory Report of the a. Only the Company’s shareholders whose names
Board of Commissioners of the Company and providing are recorded in the Register of Shareholders of the
compensation and discharge of responsibility (acquit Company one day prior to the notice date or their
et decharge) to members of the Board of Directors and attorney are entitled to vote.
the Board of Commissioners for the management and b. Each share gives the holder the right to issue 1 (one)
supervision actions that they have done respectively; vote.
8. Giving power and authority to the Board of Directors to
determine and pay dividends; Meeting Resolutions are made by deliberation to reach
9. Making decisions concerning the organization structure, consensus. If deliberations to reach consensus are not reached,
for example amendments to the Articles of Association, a vote will be held later.
incorporation, consolidation, separation, dismissal and
liquidation of the Company;
10. Appointing and/or changing the composition, of the Board
of Directors and Board of Commissioners;
11. Deciding on remuneration, namely: determination of
salaries, other benefits and honorarium for the Board of
Directors and Board of Commissioners of the Company;
12. Giving approval of transactions that contain conflicts of
interest;
13. Granting power and authority to the Board of Commissioners
to appoint a Public Accounting Firm (KAP) with regard to
recommendations from the Audit Committee.
324 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 325
QUORUM TERMS
General Meeting of Shareholders can be held if it is attended by Shareholders who represent more than ½ (one half) of the total
of shares with valid voting rights issued by the Company. If the quorum as intended is not fulfilled, the second RUPS notice will
be held. The second RUPS is valid and has the right to make binding decisions if it is attended by Shareholders representing at
least 1/3 (one third) of the total of shares with voting rights issued by the Company.
IMPLEMENTATION OF THE 2023 GMS
Bank KB Bukopin has submitted the GMS notification to OJK, as attached below:
1. Letter No. 20870/DIR/XII/2022 dated 16 December 2022 regarding Notice of Agenda for Planned Extraordinary General
Meeting of Shareholders (EGMS) of PT Bank KB Bukopin Tbk (“Company”) dated January 31, 2023
2. Letter No. 06052/DIR/V/2023 dated 8-06-2023 regarding Notification of the Planned Agenda for the Annual General Meeting
of Shareholders (AGMS) of PT Bank KB Bukopin Tbk (“Company”) dated June 30, 2023
2023 ANNUAL GMS
In 2023, KB Bank will hold an Annual GMS on May 25, 2022 and the implementation process is in accordance with the mechanism
set out in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning Plans and Implementation of General Meeting of Shareholders
of Public Companies and No. 16/POJK.04/2020 dated April 20, 2020 concerning Implementation of Electronic General Meeting of
Shareholders of Public Companies. as well as the provisions of the Articles of Association of KB Bank.
Resolution of the 2023 Annual GMS
The main resolution of KB Bank 2023 Annual General Meeting of Shareholders are as follows:
Results and
Notification Announcement Notice Implementation
Resolutions
KB Bank has submitted KB Bank has announced KB Bank has made notice KB Bank held its Annual Summary of the Minutes
notification of the agenda the Annual GMS on May for the Annual GMS on GMS on June 30, 2023 of the Annual GMS was
of the Annual GMS to 24, 2023 on the Company’s June 8, 2023 on the in Auditorium of KB Bank announced on
OJK on May 15, 2023 as website, Stock Exchange Company’s website, Stock Building, 3rd floor, Jalan July 4, 2023 on the
stated in letter No. 06052/ Web and e-RUPS website Exchange Web and e-GMS MT. Haryono Kav. 50-51 Company website, Stock
DIR/V/2023 website South Jakarta 12770 Exchange website and
e-GMS provider website
First Meeting Approval of the Company’s Annual Report including the Supervisory Duty Report that has been carried out by the Board of
Agenda Commissioners for the Fiscal Year ending on December 31, 2022 and ratification of the Consolidated Financial Report for
the Fiscal Year ending on December 31, 2022, as well as providing full release and discharge of responsibility ( acquit et de
charge) to the Board of Commissioners and Directors of the Company for the supervisory and management actions that have
been carried out in the Fiscal Year ending on December 31, 2022.
Decision Making By Voting
Total (Shares) Percentage
Present Votes 162.558.263.964 100,00000%
Disagreeing Votes 94.900 0,00006%
Abstain Votes 25.300 0,00002%
Agreeing Votes 162.558.143.764 99,99992%
Total Agreeing Votes 162.558.169.064 99,99992%
Meeting 1. Approve and accept the Company’s Annual Report including the Supervisory Duty Report which has been carried out
Resolution by the Board of Commissioners for the Fiscal Year ending on December 31, 2022 and ratify the Consolidated Financial
Report for the Fiscal Year ending on December 31, 2022 which has been audited by the Public Accounting Firm Kosasih,
Nurdiyaman, Mulyadi, Tjahyo, and Partners, according to Report No. 00328/2.1051/AU.1/07/1671-2/1/III/2023 dated March
31, 2023 with a Fair Opinion in All Material Matters, the financial position of PT Bank KB Bukopin Tbk and its subsidiaries
as of December 31, 2022 and financial performance and consolidated cash flows for the year ended on that date, in
accordance with Indonesian Financial Accounting Standards.
2. Provide full release and discharge of responsibility (acquit et de charge) to the Company’s Board of Commissioners and
Directors for supervisory and management actions carried out during the Fiscal Year ending on December 31, 2022, as
long as these actions do not constitute criminal acts and such actions reflected in the Company’s Annual Report and
Consolidated Financial Statements for the Fiscal Year ending on December 31, 2022.
Follow up/ Has been realized
Realization
PT Bank KB Bukopin Tbk Annual Report 2023 325
Page 326
Good Corporate Governance
Second Meeting Appointment of a Public Accounting Firm to Audit Financial Reports
Agenda Company for the 2023 Fiscal Year along with the determination of the honorarium.
Number of Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder Representatives.
Shareholders
Asking
Questions
Decision Making By Voting
Total (Shares) Percentage
Present Votes 162.558.263.964 100,00000%
Disagreeing Votes 20.539.144 0,01264%
Abstain Votes 23.300 0,00001%
Agreeing Votes 162.537.701.520 99,98735%
Total Agreeing Votes 162.537.724.820 99,98736%
Meeting 1. Appointing Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm (a member firm of the PwC global network) as
Resolution the Public Accounting Firm that will audit the Consolidated Financial Statements of the Company and Subsidiaries for the
2023 Fiscal Year.
2. Approving the granting of authority and power to the Company’s Board of Commissioners to appoint a Public Accounting
Firm and/or Public Accountant to conduct an audit of the Company’s Consolidated Financial Statements for other periods
in the 2023 Fiscal Year if necessary for the purposes and interests of the Company.
3. Granting delegation of authority to the Company’s Board of Commissioners to determine the amount of compensation for
audit services, additional scope of work required and other reasonable requirements for the Public Accounting Firm.
4. Granting authority and power to the Company’s Board of Commissioners to appoint a replacement Public Accounting
Firm in the event that the Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm for whatever reason is unable
to complete the audit of the Company’s and Subsidiaries’ Consolidated Financial Statements for the 2023 Fiscal Year,
including determining audit service fees and other requirements for the replacement Public Accounting Firm.
Follow up/ Has been realized
Realization
Third Meeting Approval of the determination of honorarium, salary and/or allowances for the Board of Commissioners and Directors of the
Agenda Company.
Number of Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder Representatives.
Shareholders
Asking
Questions
Decision Making By Voting
Jumlah (lembar saham) Persentase
Present Votes 162.558.263.964 100,00000%
Disagreeing Votes 224.766 0,00014%
Abstain Votes 25.300 0,00002%
Agreeing Votes 162.558.013.898 99,99984%
Total Agreeing Votes 162.558.039.198 99,99986%
Meeting 1. Approve and determine the amount of salary, honorarium and/or allowances for the Board of Commissioners and
Resolution Directors of the Company in the 2023 Fiscal Year, which remains in accordance with the maximum nominal amount of the
remuneration package that was approved by the Extraordinary General Meeting of Shareholders on December 22, 2020.
2. Approved to delegate authority to the Board of Commissioners to determine the allocation of salaries, honorarium
and/or allowances for each member of the Board of Commissioners and each member of the Board of Directors by
considering the performance and financial condition of the Company and taking into account the recommendations of the
Remuneration and Nomination Committee.
Follow up/ Has been realized
Realization
326 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 327
Fourth Meeting Report on the Realization of the Use of Funds from the Sustainable Public Offering of Bonds and Limited Public Offering VI in
Agenda 2021.
Number of Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder Representatives.
Shareholders
Asking
Questions
Decision Making Considering that the fourth agenda item is a report, no decision was taken.
Meeting
Resolution
Follow up/ Has been realized
Realization
EXTRAORDINARY GMS
In 2023, KB Bank held 1 (one) Extraordinary GMS which was held on January 31, 2023 and the implementation process was in
accordance with the mechanism stated in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning Plans and Implementation
of the General Meeting of Shareholders of Public Companies and No. 16/POJK.04/2020 dated April 20, 2020 concerning the
Implementation of Electronic General Meetings of Shareholders of Public Companies. as well as the provisions of the Articles
of Association of KB Bank.
Extraordinary GMS January 31, 2023
Results and
Notification Announcement Notice Implementation
Resolutions
KB Bank has submitted KB Bank has announced KB Bank has called for an KB Bank held an EGMS on A summary of the EGMS
notification of the EGMS the EGMS on December EGMS on Tuesday, January 31, 2023 Minutes was announced
agenda to the OJK on 23, 2022 on the Company’s January 9, 2023 on the at the Auditorium of the on February 2, 2023 on the
December 16, 2022 as website, the Stock Company website, Stock KB Bank Building 3rd Floor Company’s website, Stock
stated in letter No. 20870/ Exchange website and the Exchange website and Jl. MT Haryono Kav 50- 51 Exchange website and
DIR/XII/2022 e-GMS provider website e-GMS provider website South Jakarta e-RUPS provider website
Extraordinary Changes in the Composition of the Company’s Management
GMS Meeting
Agenda
Number of Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder Representatives
Shareholders
Asking
Questions
Decision Making By Voting
Total (Shares) Percentage
Present Votes 47.088.618.716 100,000
Disagreeing Votes 60.103.680 0,128
Abstain Votes 1.072.111
Agreeing Votes 47.027.442.925 99,870
Total Agreeing Votes 47.028.515.036 99,872
PT Bank KB Bukopin Tbk Annual Report 2023 327
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Good Corporate Governance
Meeting 1. Respectfully accept the resignation of Mr. Jin Bum Kim as Director of the Company, effective as of the closing of the
Resolution Meeting, accompanied by thanks and highest appreciation for all the services and dedication that have been provided to
the Company.
2. Grant complete release and discharge of responsibility (acquit et de charge) to Mr. Jin Bum Kim as Director of the
Company for management actions that have been carried out while serving as Director of the Company, as long as these
actions are reflected in the Annual Report and Consolidated Financial Statements of the Company for the financial year
which ends on December 31, 2022 and is not a criminal offense.
3. Extends the highest appreciation to Mr. Jin Bum Kim for all the work results achieved based on the provisions
and capabilities of the Company, the authority to determine the amount is delegated to the Company’s Board of
Commissioners
4. Appoint Mr. Jung Ho Han as Director of the Company, for a period of 3 (three) years starting from the closing of the
Meeting until the closing of the Annual General Meeting of Shareholders for the 2025 Financial Year.
5. Furthermore, the composition of the members of the Company’s Board of Commissioners and Board of Directors is as
follows:
Board of Commissioners
President Commissioner Jerry Marmen
Vice President Commissioner Nam Hoon Cho
Commissioner Nanang Supriyatno
Independent Commissioner Tippy Joesoef
Independent Commissioner Hae Wang Lee
Independent Commissioner Stephen Liestyo
Independent Commissioner Sukriansyah S. Latief
Independent Commissioner Eugene K. Galbraith
Board of Directors
President Director Woo Yeul Lee
Vice President Director Robby Mondong
Director Helmi Fahrudin
Director Dodi Widjajanto
Director Seng Hyup Shin
Director Yohanes Suhardi
Director Henry Sawali
Director Young Eun Moon**)
Director Jung Ho Han**)
**) Provided that Mr. Young Eun Moon, and Mr. Jung Ho Han are effective as of being appointed by the Company
after fulfilling all the requirements stipulated in the Financial Services Authority Regulation Number 27/POJK.03/2016
concerning Fit and Proper Test for Main Institutional Parties Financial Services, Financial Services Authority Regulation
Number 37/POJK.03/2017 concerning the Utilization of Foreign Workers and Knowledge Transfer Programs in the Banking
Sector and/or other applicable laws and regulations.
6. Authorize the Board of Directors with the right of substitution, to declare the Meeting’s decision regarding changes to the
composition of the Company’s Board of Directors, with a separate official deed before a Notary, including but not limited
to notifying the results of the Meeting’s decision to the Minister of Law and Human Rights.
Give authority to the Board of Commissioners to determine the division of duties and authority of each member of the Board
of Directors based on Article 15 paragraph (9) of the Company’s Articles of Association.
Follow Up/ Mr. Jung Ho Han, Br. Wong Eung Moon has obtained the results of the fit and proper assessment from the Foreign
Realization Employment Financial Services Authority and the Knowledge Transfer Program in the Banking Sector and/or other applicable
laws and regulations
RESOLUTIONS FROM THE PREVIOUS YEAR’S GMS
In 2022, the Bank held 1 (one) Annual GMS on May 25, 2022 and 3 (three) Extraordinary GMS on March 23, 2022, August 24,
2022 and November 30, 2022 and the implementation process was in accordance with the mechanisms listed in POJK no. 15/
POJK.04/2020 dated April 20, 2020 concerning Plans and Implementation of the General Meeting of Shareholders of Public
Companies and No. 16/POJK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic General Meetings of
Shareholders of Public Companies. as well as the provisions of the Articles of Association of KB Bank.
2022 ANNUAL GMS
The Annual GMS was held on Thursday May 25, 2022, at the Auditorium of the KB Bukopin Bank Building, 3rd Floor, Jalan MT.
Haryono Kav. 50-51 South Jakarta 12770.
328 Annual Report 2023 PT Bank KB Bukopin Tbk
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No Meeting Agenda Resolution Realization
1. Approval of the Company’s Annual Report for the 1. Approve and accept the Company’s Annual Has been realized
Fiscal Year ending on December 31, 2021 and Report including the Supervisory Duty Report
ratification of the Consolidated Financial Report for which has been carried out by the Board of
the Fiscal Year ending on December 31, 2021, as well Commissioners for the Fiscal Year ending on
as granting full release and release of responsibility December 31, 2021 and ratify the Consolidated
(acquit et de charge) to the Board of Commissioners Financial Report for the Fiscal Year ending on
and The Company’s Board of Directors for the December 31, 2021 which has been audited by
supervisory and management actions that have been the Public Accounting Firm Kosasih, Nurdiyaman,
carried out in the Fiscal Year ending on December Mulyadi, Tjahyo, and Partners, according to
31, 2021 Report No. 00298/2.1051/AU.07/1671-1/III/2022
dated March 31, 2022 with a Fair Opinion in All
Material Matters, the financial position of PT
Bank KB Bukopin Tbk and its subsidiaries as of
December 31, 2021 as well as the consolidated
financial performance and cash flow for year
ending on that date, in accordance with Financial
Accounting Standards in Indonesia.
2. Give full release and discharge of responsibility
(acquit et decharge) to the Company’s Board of
Commissioners and Directors for supervisory
and management actions carried out in the
Fiscal Year ending on December 31, 2021, as
long as these actions do not constitute criminal
acts and these actions are reflected in the
Company’s Annual Report and Consolidated
Financial Statements for the Fiscal Year ending
on December 31, 2021.
2. Appointment of a Public Accounting Firm to Audit the 1. Determine the Public Accounting Firm Kosasih, The Company has
Company’s Financial Report for the 2022 Fiscal Year Nurdiyaman, Mulyadi, Tjahjo & Rekan as the appointed a Public
along with determining the honorarium Public Accounting Firm that will audit the Accounting Firm (KAP)
Consolidated Financial Statements of the regarding the preparation
Company and Subsidiaries for the 2022 Fiscal of the Company’s Financial
Year. Report for the 2022 Fiscal
2. Approved the granting of authority and power Year which was decided
to the Company’s Board of Commissioners through a tender process
to appoint a Public Accounting Firm and/or in accordance with the
Public Accountant to conduct an audit of the applicable OJK Regulation
Company’s Consolidated Financial Statements (POJK)
for other periods in the 2022 Fiscal Year if
necessary for the Company’s goals and interests.
3. Grant delegation of authority to the Company’s
Board of Commissioners to determine the
amount of compensation for audit services,
additional scope of work required and other
reasonable requirements for the Public
Accounting Firm.
4. Grant authority and power to the Company’s
Board of Commissioners to appoint a
replacement Public Accounting Firm in the
event that the Public Accounting Firm Kosasih,
Nurdiyaman, Mulyadi, Tjahjo & Rekan for
whatever reason is unable to complete the
audit of the Consolidated Financial Statements
of the Company and Subsidiaries for the 2022
Fiscal Year, including determining fees for
audit services and other requirements for the
replacement Public Accounting Firm.
3. Approval of the determination of honorarium, salary Approve and determine the honorarium, salary Has been realized
and/or allowances for the Board of Commissioners and/or allowances for the Company's Board of
and Directors of the Company Commissioners and Directors for the 2022 Fiscal
Year to be fixed or without adjustment.
PT Bank KB Bukopin Tbk Annual Report 2023 329
Page 330
Good Corporate Governance
No Meeting Agenda Resolution Realization
4. Report on the Realization of Use of Funds from This Meeting Agenda does not reach any decisions, Has been realized
Limited Public Offering V ("PUT V") in 2021 because it is only a report on the Realization of the
Use of Funds from Limited Public Offering V ("PUT
V) in 2021.
5. Adjustment to article 3 of the Company’s Articles of 1. Approved adjustments to article 3 of the Amendments to the
Association in relation to the Company’s Aims and Company’s Articles of Association in relation Articles of Association have
Objectives and Business Activities in accordance to the Company’s Aims and Objectives and been made in accordance
with the 2020 Standard Classification of Indonesian Business Activities in accordance with the 2020 with the Deed of PT Bank
Business Fields (KBLI). Standard Classification of Indonesian Business Kb Bukopin Tbk Meeting
Fields (KBLI). Resolution Statement No.
2. Grant power and authority to the Company’s 29 dated May 25, 2022
Directors with the right of substitution to carry made by Dini Lastari
out all necessary actions in accordance with Siburian, SH
applicable laws and regulations in connection
with adjustments to Article 3 of the Company’s
Articles of Association and state the resolutions
of this Meeting in a separate official deed before
a Notary, including but not limited to obtain
approval from and/or notify the results of the
decisions of this Meeting to the Minister of Law
and Human Rights.
The adjustments to Article 3 of the Company’s
Articles of Association as intended are (i) deleting
Article 3 paragraph (2A) of the Company’s Articles of
Association in its entirety and (ii) adjusting Article 3
paragraph 3, thus, the complete text of Article 3 of
the Company’s Articles of Association is as follows:
330 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 331
No Meeting Agenda Resolution Realization
ARTICLE 3
1. The Company’s aims and objectives are in the
banking sector in accordance with the provisions
of the applicable laws and regulations.
2. To achieve the Company’s aims and objectives, the
Company can conduct the following main business
activities:
a. Collecting funds from the public in the form of
savings in the form of current accounts,
b. time deposits, certificates of deposit, savings
and/or other forms
c. which equates to that.
d. Giving loan.
e. Issue a debt acknowledgment letter.
f. Buy, sell or guarantee at your own risk or for
g. the interest and upon its customer’s
instruction:
i) Money orders include money orders
accepted by the current Bank
ii) The validity period is no longer than
customary practices in trade
iii) the letters in question.
iv) Debt acknowledgment letters and other
commercial papers that have an expiry
date
v) no longer than is customary in trading the
letters in question.
vi) State Treasury Papers and Government
Guarantee Letters.
vii) Bank Indonesia Certificate (SBI).
viii) Bonds.
ix) The term of the Trade Letter is in
accordance with the Laws and
Regulations.
x) Other securities instruments with
maturities in accordance with
xi) Legislation.
h. Moving money either for your own benefit or
for customer interests.
i. Placing funds with, borrowing funds from, or
lending funds to other banks, either by using
letters, telecommunication facilities or money
transfers, checks or other means.
j. Receive payments from bills on securities and
do calculations with or between third parties.
k. Providing a place to store goods and
securities.
l. Conducting custody activities for the benefit
of another party based on a contract.
m. Placing funds from customers to other
customers in the form of securities that are
not listed on the Stock Exchange.
n. Providing financing and/or performing other
activities including carrying out activities
based on sharia principles.
o. Conducting factoring activities, credit card
business and Trustee activities.
p. Carrying out activities in foreign exchange.
q. Implementing capital participation activities
in banks or other companies in the financial
sector, including leasing, venture capital,
securities companies, insurance, as well as
settlement and deposit clearing institutions.
PT Bank KB Bukopin Tbk Annual Report 2023 331
Page 332
Good Corporate Governance
No Meeting Agenda Resolution Realization
r. Implementing temporary capital investment
activities to overcome the consequences
of credit failure, including financing failure
based on sharia principles with the condition
that the investment must be withdrawn in
accordance with applicable regulations.
s. Act as founder of the Pension Fund and
Pension Fund Manager in accordance with
the provisions of the applicable Pension
Fund Legislation.
t. Carrying out financial services, commercial
banking and other investment banking
activities.
u. Purchasing collateral in whole or in part
through auction or other means in the event
that the debtor does not fulfill his obligations
to the Company, provided that the collateral
purchased must be disbursed as soon as
possible.
v. Performing other activities commonly
carried out by the Bank as long as they
do not conflict with applicable laws and
regulations.
3. To support the Company’s main business
activities, the Company may carry out the
following supporting business activities:
a. Conventional Commercial Banks;
b. Conventional Microfinance Institutions;
c. Other Monetary Intermediaries;
d. Conventional Finance Companies;
e. Credit Card Financing;
f. Conventional Venture Capital Companies;
g. Conventional Infrastructure Financing
Company;
h. Housing Secondary Finance Company;
i. YTDL Other Financial Services Activities,
Not Insurance and Pension Funds;
j. Conventional Financial Institution Pension
Funds;
k. Securities Clearing and Guarantee
Institution;
l. Clearing and Futures Guarantee Institution;
m. Clearing and Futures Guarantee Institution
for Physical Market Organizers;
n. Operator of Transaction Implementation
Facilities in the Money Market and Foreign
Exchange Market;
o. Custodian (Custodian);
p. Trustee (Trustee);
q. Insurance Agent Activities.
As well as other supporting business activities to
support the Company’s main business activities as
long as they do not conflict with statutory regulations
332 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 333
No Meeting Agenda Resolution Realization
6. Changes in the Composition of the Company’s 1. Respectfully accept the resignation of Mr. Chang Mr. Woo Yeul Lee, Mr.
Management Su Choi as President Director of the Company, Henry Sawali, Mr. Jin Bum
effective from May 25, 2022 accompanied by Kim have received the
the highest thanks and appreciation for all the results of the fit and proper
services and dedication that have been provided test from the Financial
to the Company. Services Authority, while
2. Give appreciation to Mr. Chang Su Choi for Mr. Iwan Dharmawan has
all the work results achieved, the amount of effectively resigned on
which is in accordance with the provisions August 24 2022
and capabilities of the Company, including if
according to the consideration of the Board
of Commissioners other appreciation can be
given, the authority to determine the amount is
delegated to the Board of Commissioners.
3. Propose to appoint Mr. Woo Yeul Lee as Director
of the Company, for a period of 3 (three) years
starting from the closing of the Annual General
Meeting of Shareholders on May 25, 2022 until
the closing of the Annual General Meeting of
Shareholders for the 2024 Fiscal Year.
4. Give authority to the Board of Commissioners to
determine the division of duties and authority of
each member of the Board of Directors based on
Article 15 paragraph 9 of the Company’s Articles
of Association.
5. Authorize the Board of Directors with the right
of substitution, to declare the decisions of this
Meeting regarding changes to the composition
of the Company’s Board of Directors, with a
separate official deed before a Notary, including
but not limited to notifying the results of this
Meeting’s resolutions to the Minister of Law and
Human Rights.
With the approval of the change in the composition
of the Board of Commissioners and Directors by the
Shareholders at the Meeting, the composition of the
Company’s Board of Commissioners and Directors is
as follows:
Board of Commissioners
1. President Commissioner : Jerry Marmen*)
2. Vice President Commissioner : Nam Hoon Cho
3. Commissioner : Nanang Supriyatno
4. Independent Commissioner : Tippy Joesoef
5. Independent Commissioner : Hae Wang Lee
6. Independent Commissioner : Stephen Liestyo
7. Independent Commissioner : Sukriansyah S.
Latief, SH. MH.*)
8. Independent Commissioner : Eugene K.
Galbraith**)
*)For Mr. Jerry Marmen and Mr. Sukriansyah S. Latief effective
since
determined by the Company after obtaining fit and proper
approval from the Financial Services Authority.
**) For Mr. Eugene K. Galbraith, it is effective from the time it is
determined by the Company after fulfilling all the requirements
stipulated in POJK No. 27/POJK.03/2016, No. 37/POJK.03/2017
and/or other applicable laws and regulations.
Board of Directors
1. President Director : Woo Yeul Lee**)
2. Vice President Director: Robby Mondong
3. Director : Helmi Fahrudin, SE.
4. Director : Dodi Widjajanto
5. Director : Seng Hyup Shin
6. Director : Yohanes Suhardi
7. Director : Iwan Dharmawan*)
8. Director : Henry Sawali*
9. Director : Jin Bum Kim**)
* For Mr.Iwan Dharmawan and Mr.Henry Sawali, it is effective from
the time it is determined by the Company after obtaining approval
for capability and compliance (fit and proper) from the Financial
Services Authority.
** For Woo Yeul Lee and Jin Bum Kim, it is effective from the time
it is determined by the Company after fulfilling all the requirements
stipulated in POJK No. 27/POJK.03/2016, No. 37/POJK.03/2017
and/or other applicable laws and regulations
PT Bank KB Bukopin Tbk Annual Report 2023 333
Page 334
Good Corporate Governance
EXTRAORDINARY GMS 2022
In 2022, KB Bank held 3 (three) Extraordinary GMS which were held on March 23, 2022, August 24, 2022 and November 30,
2022 and the implementation process was in accordance with the mechanism stated in POJK No. 15/POJK.04/2020 dated
April 20, 2020 concerning Plans and Implementation of the General Meeting of Shareholders of Public Companies and No. 16/
POJK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic General Meetings of Shareholders of Public
Companies. as well as the provisions of the Articles of Association of KB Bank.
No. Meeting Resolution Realization
1. EGMS Changes to the Composition 1. Accept the respectful resignation of Mr. Ji Kyu Jang as Director Sdr. Jerry Marmen, Sdr.
of the Company’s Management on of the Company, effective January 27, 2022, accompanied Nam Hoon Cho, Sdr. Nanang
Wednesday, March 23, 2022 at the by gratitude and highest appreciation for all the services and Supriyatno, Sdr. Hae Wang
Auditorium of the KB Bukopin Bank dedication he has provided to the Company. Lee, Sdr. Sukriansyah S. Latief,
Building, 3rd Floor, Jl. MT Haryono 2. Give appreciation to Mr. Ji Kyu Jang for all the work results Sdr. Eugene K. Galbraith,
Kav 50- 51 South Jakarta achieved, the amount of which is in accordance with the Sdr. Robby Mondong, Sdr.
provisions and capabilities of the Company, including if Dodi Widjajanto, Sdr. Henry
according to the consideration of the Board of Commissioners Sawali, Sdr Jin Bum Kim telah
other appreciation can be given, the authority to determine the mendapatkan hasil penilaian
amount is delegated to the Board Commissioner. kemampuan dan kepatutan
3. Propose to appoint Mr. Jin Bum Kim as Director of the Company, (fit and Proper) dari Otoritas
for a period of 3 (three) years starting from the closing of the Jasa Keuangan, sementara
Meeting on March 23, 2022 until the closing of the Annual Sdr. Iwan Dharmawan teleh
General Meeting of Shareholders for the 2024 Fiscal Year. efektif mengundurkan Diri pada
4. Give authority to the Board of Commissioners to determine the tanggal 24 Agustus 2022
division of duties and authority of each member of the Board
of Directors based on Article 15 paragraph 9 of the Company’s
Articles of Association.
5. Authorize the Board of Directors with the right of substitution,
to declare the decisions of this Meeting regarding changes to
the composition of the Company’s Board of Directors, with a
separate official deed before a Notary, including but not limited
to notifying the results of this Meeting’s resolutions to the
Minister of Law and Human Rights
With the approval of the change in the composition of the Board
of Commissioners and the Board of Directors by the Shareholders
at the Meeting, the composition of the Company’s Board of
Commissioners and Directors is as follows:
Board of Commissioners
1. President Commissioner : Jerry Marmen*
2. Vice President Commissioner : Nam Hoon Cho**
3. Commissioner : Nanang Supriyatno*
4. Independent Commissioner : Tippy Joesoef
5. Independent Commissioner : Hae Wang Lee**
6. Independent Commissioner : Stephen Liestyo
7. Independent Commissioner : Sukriansyah S. Latief*
8. Independent Commissioner : Eugene K. Galbraith**
*) For Mr. Jerry Marmen, Mr. Nanang Supriyatno and Mr. Sukriansyah S. Latief, it
is effective from the time it is determined by the Company after obtaining fit and
proper approval from the Financial Services Authority.
**) For Mr. Nam Hoon Cho, Mr. Hae Wang Lee and Mr. Eugene K. Galbraith,
effective from the date of appointment by the Company after fulfilling all the
requirements stipulated in POJK No.
27/POJK.03/2016, No. 37/POJK.03/2017 and/or other applicable laws and
regulations.
Board of Directors
1. President Director : Chang Su Choi
2. Vice President Director : Robby Mondong*
3. Director : Helmi Fakhrudin
4. Director : Dodi Widjajanto***
5. Director : Seng Hyup Shin
6. Director : Yohanes Suhardi
7. Director : Iwan Dharmawan*
8. Director : Henry Sawali*
9. Director : Jin Bum Kim**
* Effective as determined by the Company after obtaining fit and proper test
approval from the Financial Services Authority.
** Effective as determined by the Company after fulfilling all requirements
stipulated in POJK No.27/POJK.03/2016; POJK No. 37/POJK.03/2017 and/or other
applicable laws and regulations.
*** Effective as Compliance Director since being appointed by the Company after
obtaining fit and proper test approval from the Financial Services Authority.
334 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 335
No. Meeting Resolution Realization
2 EGMS regarding Changes to the 1. Propose to appoint Young Eun Moon as Director of the Company, Mr. Jerry Marmen, Mr.Woo
Composition of the Company’s for a period of 3 (three) years starting from the closing of the Yeul Lee, Mr. Jin Bum Kim have
Management on Wednesday, Extraordinary General Meeting of Shareholders on August received the results of the
August 24, 2022 at the Auditorium 24, 2022 until the closing of the Annual General Meeting of fit and proper test from the
of the KB Bukopin Bank Building, Shareholders for the 2024 Fiscal Year. Financial Services Authority,
3rd Floor, Jl. MT Haryono Kav 50- 2. Cancellation of the appointment and accepting the respectful while Mr. Young Eun Moon is
51 South Jakarta resignation of Mr. Iwan Dharmawan as Director of the Company, in the process of submitting
effective from August 24, 2022 accompanied by thanks and the a fit and proper test from the
highest appreciation for all the services and dedication that have Financial Services Authority
been provided to the Company.
3. Provide full release and discharge of responsibility (acquit et de
charge) to Mr. Iwan Dharmawan as Director of Risk Management
for the management actions that have been carried out while
serving as Director of the Company, as long as these actions do
not constitute a criminal act.
4. Give appreciation to Mr. Iwan Dharmawan for all the work
results achieved based on the provisions and capabilities of the
Company, the authority to determine the amount is delegated to
the Board of Commissioners.
5. Authorize the Board of Directors with the right of substitution,
to declare the decisions of this Meeting regarding changes to
the composition of the Company’s Board of Directors, with a
separate official deed before a Notary, including but not limited to
notifying the results of this Meeting’s resolutions to the Minister
of Law and Human Rights.
6. Give authority to the Board of Commissioners to determine the
division of duties and authority of each member of the Board
of Directors based on Article 15 paragraph 9 of the Company’s
Articles of Association.
With the approval of the change in the composition of the
Board of Commissioners and Directors by the Shareholders
at the Meeting, the composition of the Company’s Board of
Commissioners and Directors is as follows:
Board of Commissioners
1. President Commissioner : Jerry Marmen*
2. Vice President Commissioner : Nam Hoon Cho
3. Commissioner : Nanang Supriyatno
4. Independent Commissioner : Tippy Joesoef
5. Independent Commissioner : Hae Wang Lee
6. Independent Commissioner : Stephen Liestyo
7. Independent Commissioner : Dr. Sukriansyah S. Latief, SH.MH
8. Independent Commissioner : Eugene K. Galbraith
*) For Mr. Jerry Marmen, it is effective from the time it is determined by the
Company after obtaining fit and proper approval from the Financial Services
Authority
Board of Directors
1. President Director : Woo Yeul Lee**)
2. Vice President Director : Robby Mondong
3. Director : Helmi Fahrudin
4. Director : Dodi Widjajanto
5. Director : Seng Hyup Shin
6. Director : Yohanes Suhardi
7. Director : Henry Sawali
8. Director : Jin Bum Kim**)
9. Director : Young Eun Moon**)
** For Mr. Woo Yeul Lee, Mr. Jin Bum Kim, and Mr. Young Eun Moon, it is effective
as of being appointed by the Company after fulfilling all the requirements set out in
the Financial Services Authority Regulation Number 27/POJK.03/2016 concerning
Fit and Proper Test for Parties Main Financial Services Institutions, Financial
Services Authority Regulation Number 37/POJK.03/2017 concerning the Utilization
of Foreign Workers and Knowledge Transfer Programs in the Banking Sector and/or
other applicable laws and regulations.
PT Bank KB Bukopin Tbk Annual Report 2023 335
Page 336
Good Corporate Governance
No. Meeting Resolution Realization
3 EGMS regarding Changes to the First Meeting Agenda : Amendments to the Articles of
Composition of the Company’s 1. Approved the amendment to Article 4 paragraph (1) and Association have been made
Management on Wednesday, paragraph (2) of the Individual Articles of Association in accordance with the Deed
November 30, 2022 at the concerning Capital, relating to the increase in the of PT Bank Kb Bukopin Tbk
Auditorium of the KB Bukopin Bank Company’s authorized capital which was previously Meeting Resolution Statement
Building, 3rd Floor, Jl. MT Haryono IDR 13,000,000,000,000 (thirteen trillion Rupiah) to IDR No. 108 dated November 30,
Kav 50- 51 South Jakarta 21,000,000,000 ,000 (twenty one trillion Rupiah). 2022 made by Notary Aulia
2. 2. Grant power and authority to the Company’s Directors Taufani, SH
with the right of substitution to do all necessary actions in
accordance with applicable laws and regulations in connection
with changes to the Company’s Articles of Association and
restate all changes to the Company’s Articles of Association
in a separate official deed before a Notary including but not
limited to obtaining approval from and/or notifying the results
of the Meeting’s resolutions to the Minister of Law and Human
Rights.
First Meeting Agenda :
3. Approved to increase the Company’s capital through PUT VII
by granting HMETD, by issuing a maximum of 120,000,000,000
(one hundred and twenty billion) Class B Shares with a nominal
value of IDR 100.00 (one hundred Rupiah) per share, thereby
amending Article 4 paragraph 2 of the Budget Basic, taking
into account the provisions of laws and regulations in the
capital markets sector, especially POJK 32/2015 as amended
by POJK 14/2019.
4. 2. Grant full power and authority to the Company’s Board of
Commissioners and/or Directors with substitution rights to do
all necessary actions related to LPO VII in accordance with
applicable laws and regulations.
5. 3. Approve to grant authority and power to the Company’s
Board of Commissioners and/or Directors to declare or re-
determine the actual (finished) number of shares that have
been issued along with the distribution of the number of
shares to the Company’s shareholders through PUT VII with
HMETD, make and/or request make all documents related
to this matter, request approval and/or make notifications
and carry out the necessary registration with the authorized
parties, as well as to do all necessary actions, including
but not limited to restating them in a Notarial deed and
submitting them to the authorized agencies , signing letters
and adjustments or other actions, one way or another without
exception, taking into account the provisions of applicable
laws and regulations, especially regulations in the capital
market sector.
336 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 337
Board
of Commissioners
The Board of Commissioners is a key entity in the Bank’s 8. Division of Work and Working Time of the Board of Commissioners;
organizational structure, responsible for overseeing the Bank’s 9. Secretariat of the Board of Commissioners and Secretary
overall management policies in accordance with the Articles of of the Board of Commissioners;
Association. The main task is to ensure that the Bank carries 10. Board of Commissioners Work Ethics and Prohibitions;
out its business activities in accordance with the stated aims 11. Transparency;
and objectives, as well as providing advice to the Board of 12. Conclusion.
Directors. In addition, the Board of Commissioners also has
an important role in ensuring the implementation of Good BOARD OF COMMISSIONERS CRITERIA
Corporate Governance (GCG) principles at all levels of the
organization. The criteria for members of the Board of Commissioners are
as follows:
The Board of Commissioners of KB Bank plays an important 1. Have good morals, morals and integrity.
role in ensuring company management that is transparent, 2. Capable of carrying out legal actions.
accountable and in accordance with GCG principles. With 3. Within 5 (five) years before appointment and during office:
effective and independent supervision from the Board of a. Never declared bankruptcy;
Commissioners, the Bank can increase stakeholder trust. This b. Never been a member of the Board of Directors and/or a
not only helps the Bank achieve its long-term goals, but also member of the Board of Commissioners who was found
maintains the integrity and credibility of the company as a whole. guilty of causing a Company to be declared bankrupt;
c. Never been convicted of committing a criminal act that
LEGAL BASIS is detrimental to state finances and/or related to the
financial sector;
Legal Basis for Appointment of the Board of d. Never been a member of the Board of Directors and/
Commissioners or member of the Board of Commissioners during his/
1. Law no. 40 of 2007 concerning Limited Liability Companies; her tenure:
2. OJK Regulation (POJK) no. 33/POJK.04/2014 concerning i) Never held an Annual GMS;
Directors and Board of Commissioners of Issuers or Public ii) His/her accountability as a member of the Board
Companies; of Directors and/or member of the Board of
3. OJK Regulation (POJK) no. 17 of 2023 concerning Commissioners has never been accepted by the
Implementation of Governance for Commercial Banks; GMS or he has never provided his/her accountability
4. Work Guidelines for the Board of Commissioners of KB Bank. as a member of the Board of Directors and/or
member of the Board of Commissioners to the GMS;
BOARD OF COMMISSIONERS iii) Has ever caused a Company that obtained a permit,
WORK GUIDELINES/CHARTER approval or registration from the Financial Services
KB Bank has prepared work guidelines for the Board of Authority to fail to fulfill its obligation to submit an
Commissioners in Board of Commissioners Decree No. 015 annual report and/or financial report to the Financial
of 2019 concerning Guidelines and Work Procedures for the Services Authority.
Board of Commissioners of PT Bank Bukopin Tbk dated August 4. Have a commitment to comply with statutory regulations.
5, 2019. The aim of preparing the Work Procedure Guidelines for 5. Have the will and ability to carry out continuous learning in
the Board of Commissioners is so that all actions and decisions order to increase knowledge about banking and the latest
to be taken can be aligned with the guidelines, articles of developments related to the financial sector and other
association and applicable regulations. fields that support the implementation of their duties and
responsibilities.
The guidelines contain: 6. Have knowledge and/or expertise in the field required by
1. Introduction containing the legal basis; the Company.
2. Structure of the Board of Commissioners; 7. All members of the Board of Commissioners have adequate
3. Requirements for Members of the Board of Commissioners; integrity, competence and financial reputation.
4. Independent Commissioner; 8. Members of the Board of Commissioners are prohibited
5. Appointment and Dismissal of Members of the Board of from having family relationships up to the second degree
Commissioners; with fellow members of the Board of Commissioners and/
6. Duties, Authorities, Obligations and Responsibilities; or members of the Board of Directors.
7. Meetings of the Board of Commissioners and Meetings of 9. Members of the Board of Commissioners must fulfill the
the Board of Commissioners with the Board of Directors; requirements for a fit and proper test in accordance with
the Financial Services Authority Regulations regarding Fit
and Proper Test.
PT Bank KB Bukopin Tbk Annual Report 2023 337
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Good Corporate Governance
TERM OF OFFICE PROVISIONS 4. Violate the ethics and/or propriety that should be respected
as a member of the Board of Directors;
The terms of office provisions in article 111 paragraph (3) of 5. Being involved in actions that are detrimental to the
Law no. 40 of 2007 stipulates that members of the Board of Company and/or the country;
Commissioners are appointed for a certain period of time and can 6. Being declared guilty by a court decision that has permanent
be reappointed. This is further regulated in article 17 paragraph legal force;
3 of the Company’s Articles of Association which stipulates that 7. Resign;
members of the Board of Commissioners are appointed by the 8. Other reasons deemed appropriate by the GMS for the
General Meeting of Shareholders, each for a period of 3 (three) interests and objectives of the Company.
years starting from the date determined at the GMS until the
closing of the annual GMS. fifth after the year of appointment, COMPOSITION AND BASIS FOR
without reducing the right of the GMS to terminate at any time APPOINTMENT OF MEMBERS OF THE
by stating the reasons. If his/her term of office has ended, he BOARD OF COMMISSIONERS IN 2023
can be reappointed for only 1 (one) term of office. The composition and number of members of the Board of
Commissioners is determined by the GMS by taking into
Members of the Board of Commissioners can also be terminated account the Company’s vision, mission and strategic plans to
at any time in a GMS resolutions based on the facts of the enable effective, precise and fast decision making, as well as
members of the Board of Commissioners concerned, including: being able to act independently.
1. Not/inadequately able to fulfill the obligations agreed upon Throughout 2023, there will be no changes to the composition
in the management contract; and composition of the Board of Commissioners. The
2. Unable to conduct his/her duties properly; composition and composition of the Board of Commissioners
3. Violate the provisions of the Articles of Association and/ in office as of December 31, 2023, is as attached below.
or applicable laws and regulations.
Name Position Basis of Appointment Period
Jerry Marmen President Commissioner Extraordinary GMS on November 19, 2021 2021-Annual GMS for Fiscal Year 2023
Nam Hoon Cho Vice President Commissioner Extraordinary GMS on November 19 2021 2021-Annual GMS for Fiscal Year 2023
Stephen Liestyo Independent Commissioner Annual GMS on June 17, 2021 2021-Annual GMS for Fiscal Year 2023
Nanang Supriyatno Commissioner Extraordinary GMS on August 25, 2020 2020-Annual GMS for Fiscal Year 2024
Sukriansyah Latief Commissioner Extraordinary GMS on November 19, 2021 2021-Annual GMS for Fiscal Year 2023
Hae Wang Lee Independent Commissioner Extraordinary GMS on August 25, 2020 2020-Annual GMS for Fiscal Year 2024
Tippy Joesoef Independent Commissioner Extraordinary GMS on December 22, 2020 2020-Annual GMS for Fiscal Year 2024
Eugene K. Galbraith Independent Commissioner Extraordinary GMS on November 19, 2021 2021-Annual GMS for Fiscal Year 2023
FIT AND PROPER TEST
In accordance with Financial Services Authority Regulation no. 27/POJK.03/2016 concerning Fit and Proper Test for Main
Parties of Financial Services Institutions states that prospective members of the Board of Commissioners are required to obtain
approval from the Financial Services Authority before carrying out their actions, duties and functions as Board of Commissioners.
Members of the Board of Commissioners who have passed fit and proper without records and have received approval from the
Financial Services Authority, indicate that each member of the Board of Commissioners has adequate integrity, competence
and financial reputation.
SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS
As a form of implementation of the principle of transparency in Bank governance, all members of the Board of Commissioners
of KB Bank revealed that not a single member owns shares, either in the Company or even in banks and other companies in
accordance with OJK regulations stated in POJK No. 17 of 2023 concerning Implementation of Governance for Commercial Banks.
Members of the Board of Commissioners are required to disclose share ownership of 5% (five percent) or more, both in the
bank concerned and in other banks and companies, domiciled at home and abroad.
338 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 339
Share ownership (shares)
Name Position Non-Bank Financial Other
KB Bank Other Banks
Instituion Companies
Jerry Marmen President Commissioner None None None None
Nam Hoon Cho Vice President Commissioner None None None None
Nanang Supriyatno Commissioner None None None None
Stephen Liestyo Independent Commissioner None None None None
Sukriansyah S. Latief Independent Commissioner None None None None
Hae Wang Lee Independent Commissioner None None None None
Tippy Joesoef Independent Commissioner None None None None
Eugene K. Galbraith Independent Commissioner None None None None
POLICY REGARDING CONCURRENT POSITIONS
OF THE BOARD OF COMMISSIONERS
1. Members of the Board of Commissioners are prohibited from holding concurrent positions as members of the Board of
Directors, members of the Board of Commissioners or Executive Officers:
a. at financial institutions or financial companies, whether banks or non-banks;
b. in more than 1 (one) non-financial institution or non-financial company, whether domiciled at home or abroad.
2. Does not include concurrent positions as intended in paragraph (1) in the case of:
a. members of the Board of Commissioners serve as members of the Board of Directors, members of the Board of
Commissioners or Executive Officers who carry out supervisory functions in 1 (one) non-bank subsidiary company
controlled by the Bank;
b. Non-Independent Commissioners conduct the functional duties of Bank shareholders in the form of legal entities in the
Bank’s business group; and/or
c. Members of the Board of Commissioners hold positions in non-profit organizations or institutions.
3. Duties in the position and function as intended in paragraph (2) can be carried out as long as the person concerned does
not neglect the implementation of their duties and responsibilities as a member of the Bank’s Board of Commissioners.
Name Position Positions in Other Company/Institution
Jerry Marmen President Commissioner • Chair of the Professional Certification Institute (LSP) Governance, Risk and
Compliance (TRK)
• Assistant to the Special Staff of the President of the Republic of Indonesia for
Economic Affairs, Cabinet Secretariat of the Republic of Indonesia
Nam Hoon Cho Vice President Commissioner Chairman of KB Kookmin Bank Global Business Group
Nanang Supriyatno Commissioner President Director of PT Satu Gen Indonesia
Stephen Liestyo Independent Commissioner -
Sukriansyah S. Latief Independent Commissioner -
Hae Wang Lee Independent Commissioner • Member of the Board of Directors of the Indonesian Korean Association
• President Director of LEENOH Consulting Indonesia/
Tippy Joesoef Independent Commissioner • Member of the Audit Board of the Financial Services Authority
• AIA Financial Independent Audit Committee Director of PT Sarana Menara Nusantara
Eugene K. Galbraith Independent Commissioner Direktur PT Sarana Menara Nusantara
BOARD OF COMMISSIONERS AFFILIATE RELATIONS
Regarding the affiliate relationship of the Bank’s Board of Commissioners, it is in accordance with POJK No. 17 of 2023 concerning
the Implementation of Governance for Commercial Banks .
The information is available in the following table:
Financial Relation with Family relation with
Management
Board of Board of Board of Board of Relation
Name Position Shareholder Shareholder
Commissioner Director Commissioner Director
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Jerry President √ √ √ √ √ √ √
Marmen Commissioner
Nam Hoon VicePresident √ √ √ √ √ √ √
Cho Commissioner
PT Bank KB Bukopin Tbk Annual Report 2023 339
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Good Corporate Governance
Financial Relation with Family relation with
Management
Board of Board of Board of Board of Relation
Name Position Shareholder Shareholder
Commissioner Director Commissioner Director
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Nanang Commissioner √ √ √ √ √ √ √
Supriyatno
Stephen Independent √ √ √ √ √ √ √
Liestyo Commissioner
Sukriansyah Independent √ √ √ √ √ √ √
S. Latief Commissioner
Hae Wang Independent √ √ √ √ √ √ √
Lee Commissioner
Tippy Independent √ √ √ √ √ √ √
Joesoef Commissioner
Eugene K. Independent √ √ √ √ √ √ √
Galbraith Commissioner
Tippy Independent √ √ √ √ √ √ √
Joesoef Commissioner
DUTIES, RIGHTS AND OBLIGATIONS 5. In performing supervision as intended in point 3 (three), the
A description of the duties, rights and obligations of the Board Board of Commissioners is prohibited from participating in
of Commissioners has been included in the work guidelines of decision making on the Company’s operational activities,
the Board of Commissioners as follows: except:
a. Provision of funds to related parties as regulated in
Duties the provisions regarding the loan maximum limit of the
In the Board of Commissioners’ Work Guidelines and Public Company;
Regulations, the Board of Commissioners is tasked with b. Other matters stipulated in the Company’s Articles of
supervising management policies and the overall running of Association or applicable laws and regulations.
management. The Board of Commissioners provides advice 6. Decision making for the Company’s operational activities by
to the Board of Directors in accordance with the Company’s the Board of Commissioners as referred to in point 5 is part
objectives and applicable laws and regulations. The Board of of the supervisory duties of the Board of Commissioners,
Commissioners also ensures that all Directors’ decisions are so that it does not negate the responsibility of the Board
in accordance with the company’s values and support the of Directors for the implementation of the Company’s
achievement of the Company’s long-term goals. management;
7. Carry out a self-assessment to assess the performance of
In the Board of Commissioners’ Work Guidelines and Regulations, the Board of Commissioners in accordance with applicable
the Board of Commissioners is tasked with supervising laws and regulations;
management policies and the course of management in 8. Ensure that the Board of Directors has followed up on audit
general, as well as providing advice to the Board of Directors, findings and recommendations from the Company’s internal
in accordance with the Company’s aims and objectives as well audit work unit, external auditors, results of supervision
as applicable laws and regulations. by the Financial Services Authority and/or results of
supervision by other authorities;
In completing its duties, the Board of Commissioners is obliged 9. Report to the Financial Services Authority no later than 7
and responsible for: (seven) working days after discovery:
1. Conduct duties and responsibilities independently and in a. Violation of laws and regulations in the financial and
good faith, with full responsibility and prudence; banking sector;
2. Ensure that Good Governance is implemented in every b. Circumstances or predicted conditions that could
Company business activity at all organizational levels; endanger the continuity of the Company’s business.
3. Conduct supervision over the implementation of the duties 10. Provide sufficient time to carry out duties and responsibilities
and responsibilities of the Board of Directors and provide optimally;
advice to the Board of Directors; 11. Under certain conditions, the Board of Commissioners
4. In performing supervision as referred to in point 3 (three), is obliged to hold an Annual GMS and other GMS in
the Board of Commissioners is obliged to direct, monitor accordance with its authority as regulated in statutory
and evaluate the implementation of the Company’s strategic regulations and the Articles of Association;
policies; 12. In order to support the effective implementation of its duties
and responsibilities, the Board of Commissioners is obliged
to form at least:
a. Audit Committee;
b. Risk Monitoring Committee;
c. Remuneration and Nomination Committee;
340 Annual Report 2023 PT Bank KB Bukopin Tbk
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d. Integrated Governance Committee; 2. Entering buildings and grounds or other places used
e. Other Committees if required by statutory regulations. or controlled by the Company. Request information/
Appointment of committee members as referred to in point explanations from the Directors and/or other officials
12 (twelve), must be carried out by the Board of Directors regarding all issues relating to the management of the
based on the decision of the Board of Commissioners Company. Know all policies and actions that have been and
meeting. will be implemented by the Board of Directors;
13. Ensure that the committee that has been formed as intended 3. Request the Board of Directors and/or other officials under
in point 12 (twelve) carries out its duties effectively; the Board of Directors with the knowledge of the Directors
14. Each member of the Board of Commissioners is jointly to attend the Board of Commissioners Meeting;
and severally responsible for losses to the Company 4. Temporarily suspend members of the Board of Directors
caused by errors or negligence of members of the Board in accordance with the provisions of the Articles of
of Commissioners in completing their duties; Association;
15. Members of the Board of Commissioners cannot be held 5. Establish an Audit Committee, Remuneration and Nomination
responsible for the Company’s losses as referred to in point Committee, Risk Monitoring Committee, and Financial
15 (fifteen) if they can prove: Conglomeration Integrated Governance Committee and
a. The loss was not due to his/her fault or negligence; other committees if deemed necessary taking into account
b. Has carried out management in good faith, full applicable regulations;
responsibility and prudence for the benefit and in 6. Use experts for certain matters and within a certain period
accordance with the aims and objectives of the of time at the Company’s expense, if deemed necessary
Company; and taking into account applicable regulations;
c. Have no conflict of interest, either directly or indirectly, 7. Conduct the Company’s management in certain
regarding management actions that result in losses. circumstances for a certain period of time in accordance
16. Have taken action to prevent the occurrence or continuation with the provisions of the Company’s Articles of Association;
of such losses. 8. Attend meetings of the Board of Commissioners and provide
views on matters discussed;
RIGHTS AND AUTHORITIES OF THE 9. Carry out other supervisory authority as long as it does
BOARD OF COMMISSIONERS not conflict with statutory regulations, the Articles of
The Board of Commissioners has the authority to: Association and/or GMS resolutions.
1. Check books, documents of evidence, inventory of goods,
check and match the condition of cash (for verification DIVISION OF DUTIES OF THE
purposes) and other securities and find out all actions that BOARD OF COMMISSIONERS
have been carried out by the Board of Directors; The division of duties among members of the Board of
Commissioners ensures optimal focus in decision making and
company supervision. Each member is responsible for a specific
area, ensuring the implementation of tasks runs smoothly and
efficiently, as well as creating clarity about their respective
roles both collectively and individually.
Name Position Task Field
Jerry Marmen Komisaris Utama • Member of the Remuneration and Nomination Committee
• Member of the Risk Monitoring Committee
Nam Hoon Cho Wakil Komisaris Utama • Member of the Remuneration and Nomination Committee
Nanang Supriyatno Komisaris • Member of the Remuneration and Nomination Committee
• Member of the Audit Committee
Stephen Liestyo Komisaris Independen • Chair of the Audit Committee
• Member of the Risk Monitoring Committee
Sukriansyah S. Latief Komisaris Independen • Chair of the Integrated Governance Committee
• Member of the Remuneration and Nomination Committee
Hae Wang Lee Komisaris Independen • Chair of the Remuneration and Nomination Committee
• Member of the Integrated Governance Committee
Tippy Joesoef Komisaris Independen • Head of the Risk Monitoring Committee
• Member of the Remuneration and Nomination Committee
• Member of the Audit Committee
• Member of the Integrated Governance Committee
Eugene K. Galbraith Komisaris Independen • Member of the Audit Committee
• Member of the Integrated Governance Committee
INDEPENDENCE OF THE BOARD OF COMMISSIONERS
In carrying out its functions, duties and responsibilities, the Board of Commissioners of KB Bank always prioritizes the principle
of independence and upholds the interests of the Bank above their own personal interests. The Board of Commissioners ensures
that in doing its duties, it is not influenced by any party.
PT Bank KB Bukopin Tbk Annual Report 2023 341
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Good Corporate Governance
This principle of independence is the main basis for decision MANAGEMENT OF CONFLICTS
making and supervision of the Board of Commissioners. The OF INTEREST OF THE BOARD
Board of Commissioners acts neutrally and objectively, without OF COMMISSIONERS
any influence from external or internal parties that could disrupt In the Board of Commissioners’ Guidelines and Regulations, a
the integrity and credibility of the decisions taken. conflict of interest is explained as a situation where the interests
of individual members of the Board of Commissioners may
By prioritizing the interests of the Bank, the Board of conflict with the Company’s interests in achieving company
Commissioners ensures that all decisions taken have a positive goals. This includes increasing profits, company value,
impact on the growth and business continuity of KB Bank. achieving the vision, completing the mission, and implementing
The Board of Commissioners is committed to acting fairly and the resolutions of the General Meeting of Shareholders.
transparently in every aspect of company management, so as Management of conflicts of interest is strictly regulated in
to strengthen the trust of stakeholders and maintain the good these guidelines. The Board of Commissioners is required to
reputation of the Bank. avoid conflicts of interest in various ways, including:
1. Other parties or personal initiatives that can be categorized
DECISIONS THAT REQUIRE APPROVAL as efforts to utilize the Bank for personal, family and/or
FROM THE BOARD OF COMMISSIONERS other party interests that can harm or reduce the Bank’s
During 2023 the Board of Commissioners has carried out profits;
its duties and responsibilities in the context of carrying out 2. Other parties or personal initiatives that could potentially
supervision as follows: be categorized as taking and/or receiving personal benefits
1. Direct and evaluate the preparation of the Bank’s strategic from the Bank other than remuneration and other facilities
policies, including the Corporate Strategy and Bank determined by the General Meeting of Shareholders;
Business Plan (RBB) for the 2023-2025 period; 3. Decision making where personally or in any way, either
2. Evaluate the implementation of the Bank’s strategic policies directly or indirectly, members of the Board of Directors
in 2023, the achievement of the Bank’s Business Plan (RBB) have a personal interest in it.
and monthly Financial Performance in 2023;
3. Approval of the appointment of a Public Accounting Firm in RISK MANAGEMENT CERTIFICATION
accordance with the Decision of the 2023 Annual General In facing increasingly complex risks in banking activities, it
Meeting of Shareholders; is important for the Company to have bank administrators
4. Provide approval for the provision of credit facilities, credit and officials who have competence in risk management. In
restructuring and investment above a certain limit as well accordance with Bank Indonesia Regulation no. 11/19/PBI/2009,
as the provision of credit facilities to related parties, which the Board of Commissioners and the Board of Directors must
is the authority of the Board of Commissioners. have a Risk Management Certificate issued by a Professional
Certification Institute, with the following classification:
The Board of Commissioners of KB Bank not only supervises,
but also provides active advice to the Board of Directors. Position Level Valid Period
The Board of Commissioners ensures that supervisory and
Board of At least level 1 4 years
advisory decisions become more effective by interacting Commissioner
regularly in formal meetings and informal dialogue with all
Board of At least level 2 4 years
Directors or certain members of the Board of Directors. By Commissioner
providing continuous advice, the Board of Commissioners helps
Board of 4 2 years
the Board of Directors formulate effective business strategies,
Commissioner and
identify risks, and maintain the Bank’s operations according Board of Director
to standards. with assets of 1 to
10 T
Throughout 2023, the Board of Commissioners has provided
recommendations and carried out the duties and responsibilities In the event that the validity period of the certification has
of the Board of Commissioners through forums, including: expired, a periodic Refreshment Program must be carried out
1. Board of Commissioners meetings which may also invite at least once every four years for levels 1 and 2; or one time
the Directors (RAKOM); in two years for levels 3, 4 and 5.
2. Joint meetings between the Board of Commissioners
and the Board of Directors (RADIRKOM) 10 times. TRAINING AND COMPETENCY
Committee meetings are under the supervision of the DEVELOPMENT PROGRAM
Board of Commissioners, consisting of Audit Committee KB Bank is committed to implementing training and
Meetings, Risk Monitoring Committee Meetings, Integrated competency development programs for all members of the
Governance Committee Meetings and Remuneration Board of Commissioners to support the implementation of
and Nomination Committee Meetings. At the Committee the supervisory function of the Board of Commissioners. This
Meeting the Directors or members of the Board of Directors commitment is reflected in the training attended by each
may also be invited. member of the Board of Commissioners which can be seen
in the Company Profile section of this Annual Report.
342 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 343
COMPANY INTRODUCTION PROGRAM BOARD OF COMMISSIONERS
FOR NEW COMMISSIONERS PERFORMANCE ASSESSMENT
The Introduction Program for newly appointed Board of There are several types of assessment procedures to view the
Commissioners aims to provide an in-depth understanding performance of the Board of Commissioners, two of which are
of the Company. This includes an understanding of the duties described as follows:
and responsibilities of the Board of Commissioners as well as
the business processes carried out by the Board of Directors. Performance Assessment of the Board of Commissioners
The ultimate goal is for the Board of Commissioners to work in by the GMS
harmony with other Company Organs. Every year, the performance of the Board of Commissioners
is assessed at the General Meeting of Shareholders. The
In this program, the new Board of Commissioners will be assessment is carried out based on the duties and obligations
introduced to the Company’s operations, vision and strategy regulated in the Legislative Regulations and Articles of
led by the Board of Directors. They will also study the regulatory Association, as well as the mandate of Shareholders.
framework, internal policies and best practices used by the
Company. Evaluation criteria are submitted openly to the Board of
Commissioners since their appointment. The evaluation
In addition, the Introduction Program aims to facilitate interaction results, both overall and individual, become an integral part
between the Board of Commissioners and other Company of the Board of Commissioners’ compensation and incentive
Organs. With a comprehensive understanding of the Company, scheme. Evaluation of individual performance is an important
the Board of Commissioners can contribute effectively in consideration for Shareholders when considering the dismissal
strategic decision making and supervision, as well as maintaining or reappointment of members of the Board of Commissioners.
harmony between various organs in achieving common goals.
The Company’s introduction program includes: The results of the performance evaluation of the Board of
1. Introduction to the business and divisions in the Company; Commissioners, both collectively and individually, are used as
2. Introduction to Company culture; a tool for evaluating and improving the effectiveness of the
3. The Company participates in training programs in areas Board of Commissioners’ performance as a whole.
appropriate to the supervision concerned;
4. Submission of Company documents, including; Annual Procedures for Implementing the Performance
Report, Bank Business Plan (RBB). Assessment of the Board of Commissioners
reported to Shareholders through the GMS based on the
In 2023 there has been no changes to the composition of the Board Board Manual and the performance targets of the Board of
of Commissioners, so KB Bank will not implement an introduction Commissioners.
program for new members of the Board of Commissioners.
Board of Commissioners Performance Evaluation Criteria
MECHANISM FOR RESIGNATION The General Meeting of Shareholders determines the
AND DISMISSAL OF THE BOARD performance criteria for the Board of Commissioners and
OF COMMISSIONERS individual members of the Board of Commissioners. Criteria
A member of the Board of Commissioners can resign before for evaluating the individual performance of the Board of
the end of his/her term of office by notifying the Company in Commissioners include:
writing of his/her intention with a copy to the Shareholders, 1. Level of attendance at Board of Commissioners Meetings
Directors and other members of the Board of Commissioners and meetings with existing committees;
at least 30 (thirty days) before the date of his/her resignation 2. Contribution to the Company’s supervision process;
and the Company is obliged to hold a GMS within a period of 3. Involvement in certain assignments;
no later than 90 (ninety) days after receipt of the Letter of 4. Commitment to advancing the Company’s interests;
Resignation, to follow up on the matter or if not, the resignation 5. Achieving the realization of the annual work program;
will be considered valid without requiring GMS approval. 6. Compliance with applicable laws and regulations and
Before the resignation becomes effective, the relevant Board Company policies.
of Commissioners is still obliged to complete its duties and
responsibilities in accordance with the Articles of Association. The Party Conducting the Assessment
The party that assesses the performance of the Board of
Commissioners is the Shareholders at the GMS.
Board of Commissioners Performance Assessment Results
For 2023, the Board of Commissioners has prepared an
Annual Work Plan for the Board of Commissioners taking into
account the duties, authority and obligations of the Board of
Commissioners in accordance with applicable regulations and
legislation. The Board of Commissioners has used the Board
of Commissioners’ Annual Work Plan as a work guide for each
member of the Board of Commissioners in conducting their
supervisory duties over the Company. Throughout 2023, the
Board of Commissioners has carried out its duties well.
PT Bank KB Bukopin Tbk Annual Report 2023 343
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Good Corporate Governance
Performance Assessment of the Board of Commissioners PERFORMANCE ASSESSMENT
using the GCG Self-Assessment Method OF COMMITTEES UNDER THE
The performance assessment of the Board of Commissioners BOARD OF COMMISSIONERS
is carried out routinely 2 (two) times a year, namely in June The Board of Commissioners has supporting committees which
and December. The performance assessment of the Board of have duties and responsibilities to support the performance
Commissioners is carried out through Self Assessment based of the Board of Commissioners. These committees have clear
on Financial Services Authority Regulation No. 17 of 2023 and work guidelines, so that the implementation of their duties can
Financial Services Authority Circular No. 13/SEOJK.03/2017 be directed and effective. The committees under the Board
which requires Commercial Banks to carry out an assessment of Commissioners are the Audit Committee, Risk Monitoring
of the implementation of Bank governance. Committee, Remuneration and Nomination Committee and
Integrated Governance Committee.
Procedures for Implementing the Board of
Commissioners’ Performance Self-Assessment Audit Committee
Implementation of the GCG Self-Assessment for the Has duties and responsibilities to supervise the effectiveness
performance of the Board of Commissioners begins with a of the internal control system, risk management, internal audit,
self-assessment of each member’s performance by filling in a financial reporting processes. The Board of Commissioners
performance sheet template and the results will be provided assesses that the Audit Committee has carried out its duties
to shareholders at the Annual GMS for evaluation and used as and responsibilities well.
a basis for determining the dismissal and/or reappointment of
members of the Board of Commissioners. The assessment criteria used by the Board of Commissioners
include:
Board of Commissioners Performance Evaluation Criteria 1. Attendance and activeness in meetings;
The GCG Self Assessment is carried out using the criteria 2. Recommendations given to the Board of Commissioners;
of SE OJK No. 13/SEOJK.03/2017 of 2017 concerning the 3. Timely reporting.
Implementation of Governance for Commercial Banks. The
assessment of the performance of the Board of Commissioners Risk Monitoring Committee
includes the following matters: Support the effective implementation of the duties and
1. Personal Evaluation; responsibilities of the Board of Commissioners related to
2. Competency Evaluation; risk supervision. The Board of Commissioners assesses that
3. Performance of Board of Commissioners Committees and the Risk Monitoring Committee has carried out its duties and
recommendations for necessary improvements (if any); responsibilities well.
4. Effectiveness of Implementation of Responsibilities and
Work Processes of the Board of Commissioners; The assessment criteria used by the Board of Commissioners
5. Effectiveness of Board of Commissioners Meetings. include:
1. Attendance and activeness in meetings;
The Party Conducting the Assessment 2. Recommendations given to the Board of Commissioners;
The party that carries out the assessment of the performance 3. Timely reporting.
of the Board of Commissioners is the Compliance Group as the
work unit that carries out assessments of GCG implementation Remuneration and Nomination Committee
factors in the Company. Carry out the functions and duties of the Board of Commissioners
related to remuneration and nomination of members of the Board of
Directors and members of the Board of Commissioners. The Board
of Commissioners assesses that the Remuneration and Nomination
Committee has carried out its duties and responsibilities well.
The assessment criteria used by the Board of Commissioners
include:
1. Attendance and activeness in meetings;
2. Recommendations given to the Board of Commissioners;
3. Timely reporting.
Integrated Governance Committee
Assist the Board of Commissioners in evaluating the
implementation of Integrated Governance at least through
assessing the adequacy of internal control and implementing
the compliance function in an integrated manner.
The assessment criteria used by the Board of Commissioners
include:
1. Attendance and activeness in meetings;
2. Recommendations given to the Board of Commissioners;
3. Timely reporting.
344 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 345
Independent
Commissioner
Independent Commissioners, as members of the Board of Commissioners, have an important role in ensuring transparency,
accountability and sustainability of the Company’s operations. Independent Commissioners have no financial, management,
share ownership or family relationships with the Board of Directors, other members of the Board of Commissioners, controlling
shareholders or with the Bank itself which could interfere with their independence in making decisions.
In 2023, KB Bank will have 5 (five) Independent Commissioners, in accordance with POJK provisions, whose duty is to supervise
the Company’s activities independently and safeguard the interests of all stakeholders. Through the presence of Independent
Commissioners, KB Bank strengthens its commitment to good corporate governance practices and supports sustainable growth.
CRITERIA FOR DETERMINING INDEPENDENT COMMISSIONERS
The requirements for appointing members of the Independent Board of Commissioners are at least the same as the requirements
for appointing non-Independent Board of Commissioners members plus several other rules in OJK Regulation No. 33/POJK.04/2014
as follows:
Independent Commissioner
Criteria Sukriansyah Hae Wang Tippy Stephen Eugene K.
S. Latief Lee Joesoef Liestyo Galbraith
Not a person who works or has the authority and √ √ √ √ √
responsibility to plan, lead, control or supervise the activities
of the Issuer or Public Company within the last 6 (six) months,
except for reappointment as an Independent Commissioner
of the Issuer or Public Company in the following period.
Does not own shares, either directly or indirectly, in the Issuer √ √ √ √ √
or Public Company.
Has no affiliation with the Issuer or Public Company, members √ √ √ √ √
of the Board of Commissioners, members of the Board of
Directors, or Major Shareholders of the Issuer or Public
Company.
Has no direct or indirect business relationship related to the √ √ √ √ √
business activities of the Issuer or Public Company.
STATEMENT OF INDEPENDENCE OF EACH INDEPENDENT COMMISSIONER
A statement of independence from members of the Independent Board of Commissioners stating that they have no affiliation
with the Company will then be submitted to the OJK.
The following is proof of the statement of independence of the Independent Board of Commissioners of KB Bank:
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Good Corporate Governance 348 Annual Report 2023 PT Bank KB Bukopin Tbk
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Board of Directors
The Board of Directors is a company organ that is fully DIRECTORS’ CRITERIA
responsible for managing the company for the interests and
objectives of the company and represents the company, The criteria for the Company’s Directors are adjusted to
both inside and outside the court, in accordance with the Financial Services Authority Regulation no. 33/POJK.04/2014
provisions of the Articles of Association. In carrying out their concerning Directors and Board of Commissioners of Issuers or
duties, the Board of Directors of KB Bank always prioritizes Public Companies. In addition, the Company also sets additional
transparency, professionalism, the interests of the company criteria, namely:
and its stakeholders, as well as strategic thinking to achieve 1. Have experience in the operational field as a Bank Executive
the bank’s targets. Officer for at least 5 years;
2. Prepared by the Remuneration and Nomination Committee
LEGAL BASIS FOR APPOINTMENT which is approved by the Board of Commissioners.
OF DIRECTORS
TERM OF OFFICE
1. Law no. 40 of 2007 concerning Limited Liability Companies;
2. OJK Regulation no. 33/POJK.04/2014 concerning Directors Apart from being determined at the GMS, the Board of Directors’
and Board of Commissioners of Issuers or Public Companies; work guidelines also determine the term of office of appointed
3. OJK Regulation no. 17 of 2023 concerning Implementation Directors for a period of 3 (three) years from the closing of
of Governance for Commercial Banks; the GMS when appointed, and if there are members of the
4. Articles of Association of PT Bank KB Bukopin Tbk. Board of Directors whose term of office has ended they can
be reappointed in accordance with the Company’s Articles of
DIRECTORS’ WORK Association.
GUIDELINES/CHARTER
STRUCTURE, NUMBER, COMPOSITION
The Board of Directors Charter is prepared as a guideline for AND BASIS FOR APPOINTMENT
carrying out the duties and responsibilities of the Board of OF MEMBERS OF THE BOARD OF
Directors efficiently, effectively, transparently, competently, DIRECTORS THROUGHOUT 2023
independently and accountably so that it can be accepted by all
interested parties and in accordance with statutory regulations. Throughout 2023, there will be changes to the structure and
The Board of Directors’ Charter is regularly reviewed to adapt to composition of the Board of Directors based on the Resolution
current conditions. The Board of Directors’ Work Guidelines and of the Extraordinary General Meeting of Shareholders held on 31
Regulations (Charter) currently in effect are based on Decree January 2023, which honorably dismissed Jim Bum Kim as Bank
No. 28 of 2022 concerning Guidelines and Work Rules for the Director, and appointed Jung Ho Han as the new Bank Director.
Board of Directors of KB Bank, which covers aspects regarding: The structure and composition of the Board of Directors serving
1. Introduction; as of December 31, 2023, is as attached below.
2. Composition of the Board of Directors;
3. Work Ethics;
4. Working Time;
5. Board of Directors Meeting
6. Implementation of GCG Corporate Governance;
7. Leave/temporary absent
8. Sanctions
9. Others
10. Conclusion.
PT Bank KB Bukopin Tbk Annual Report 2023 349
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Good Corporate Governance
Name Position Basis of Appointment Period
Woo Yeul Lee President Director Extraordinary GMS on November 19, 2021 2021-GMS 2024
Robby Mondong Vice President Director Extraordinary GMS on July 8, 2021 2021-GMS 2024
Helmi Fahrudin Director Extraordinary GMS on August 25, 2020 2020-GMS 2024
Dodi Widjajanto Director Extraordinary GMS on August 25, 2020 2020-GMS 2024
Seng Hyup Shin Director Extraordinary GMS on November 19, 2021 2021-GMS 2024
Yohanes Suhardi Director Extraordinary GMS on 8 July 2021 2021-GMS 2024
Young Eun Moon Director Extraordinary GMS on December 8, 2021 2022-GMS 2025
Henry Sawali Director Extraordinary GMS on December 8, 2021 2022-GMS 2025
Jung Ho Han Director Extraordinary GMS on 31 January 2023 2023-2026 GMS
At the time of preparation of this Annual Report, there was a change in the composition of the Board of Directors based on the
Resolution of the Extraordinary General Meeting of Shareholders (EGMS) held on January 24, 2024, which honorably dismissed
Seng Hyup Shin as Director of the Bank, and appointed Jang Hyuk Im as the new Director of the Bank. The composition of the Board
of Directors in office as of January 24, 2024, until this Annual Report is signed, is as attached below.
Nama Position Basis of Appointment Periode
Woo Yeul Lee President Director Annual GMS on May 25, 2022 2022 – 2025 GMS
Robby Mondong Vice President Director Extraordinary GMS on July 8, 2021 2021 – 2024 GMS
Helmi Fahrudin Director Extraordinary GMS on August 25, 2020 2020 – 2024 GMS
Dodi Widjajanto Director Extraordinary GMS on August 25, 2020 2020 – 2024 GMS
Jang Hyuk Im* Director Extraordinary GMS on January 24, 2024 2024 – 2027 GMS
Yohanes Suhardi Director Extraordinary GMS on July 8, 2021 2021 – 2024 GMS
Young Eun Moon Director Extraordinary GMS on December 8, 2021 2022 – 2025 GMS
Henry Sawali Director Extraordinary GMS on December 8, 2021 2022 – 2025 GMS
Jung Ho Han Director Extraordinary GMS on 31 January 2023 2023-2026 GMS
*) Jang Hyuk Im was appointed as Director as of January 24, 2024, replacing Seng Hyup Shin who is no longer serving as of January 24, 2024.
FIT AND PROPER TEST
OJK Regulation no. 27/POJK.03/2016 concerning the Fit and Proper Test for Main Parties of Financial Services Institutions,
which states that the managers or managers of financial institutions must meet the fit and proper criteria to serve as members
of the Board of Directors and Board of Commissioners. This assessment covers several aspects, namely integrity, financial
suitability or reputation, and the competency of prospective bank administrators. In this context, integrity refers to honesty and
trustworthiness, financial worthiness or reputation refers to financial and professional track record, while competence includes
technical and managerial abilities relevant to carrying out the duties and functions assigned to the Board of Directors and Board
of Commissioners. This assessment is key in ensuring that the managers or administrators of financial institutions have adequate
capacity to carry out the responsibilities of the Board of Directors and Board of Commissioners effectively and responsibly.
Name Position OJK Approval Effective Date
Woo Yeul Lee President Director KEP-4/D.03/2023 January 5, 2023
Robby Mondong Vice President Director KEP-65/D.03/2022 April 28, 2022
Helmi Fahrudin Director KEP-35/D.03/2021 April 22, 2021
Dodi Widjajanto Director KEP-120/D.03/2021 August 19, 2021
Seng Hyup Shin Director KEP-78/D.03/2021 August 20, 2021
Yohanes Suhardi Director KEP-26/D.03/2022 March 9, 2022
Henry Sawali Director KEP-26/D.03/2022 August 3, 2022
Jung Ho Han Director KEPR-150/D.03/2023 January 10, 2024
Young Eun Moon Director KEPR-164/D.03/2023 February 28, 2024
350 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 351
BOARD OF DIRECTORS’ SHARE OWNERSHIP
Members of the Board of Directors are required to disclose share ownership of 5% (five percent) or more, both in the bank
concerned and in other banks and companies, domiciled at home and abroad. The following is a description of the share
ownership of members of the Board of Directors of KB Bank until the end of 2023:
Share Ownership (Share)
Name Position Non-Bank
Other
KB Bank Other Banks Financial
Companies
Solution
Woo Yeul Lee President Director 8.500.000 (0,0045240%) None None None
Robby Mondong Vice President Director 1.107.000 (0,0005892%) None None None
Helmi Fahrudin Director 482.951 (0,0002570%) None None None
Dodi Widjajanto Director 1.000.088 (0,0005323%) None None None
Seng Hyup Shin Director 2.300.000 (0,0012241%) None None None
Yohanes Suhardi Director 574.800 (0,0003059%) None None None
Henry Sawali Director 200.000 (0,0001064%) None None None
Jung Ho Han Director None None None None
Young Eun Moon Director None None None None
CONCURRENT BOARD OF DIRECTORS POSITION
The guidelines and work procedures for the Board of Directors of KB Bank prohibit members of the Board of Directors from
holding concurrent positions as:
1. Member of the Board of Directors, member of the Board of Commissioners or Executive Officer at a bank, company and/
or other institution;
2. Political party administrators, members of the DPR, DPD, DPRD Level I, and DPRD Level II and/or regional heads;
3. Jabatan lainnya sesuai dengan ketentuan dalam Peraturan Perundang-undangan.
Position in Other Company/ Name of the Other
Name Position
Institution Company/Institution
Woo Yeul Lee President Director None None
Robby Mondong Vice President Director None None
Helmi Fahrudin Director None None
Dodi Widjajanto Director None None
Seng Hyup Shin Director None None
Yohanes Suhardi Director None None
Henry Sawali Director None None
Jung Ho Han Director None None
Young Eun Moon Director None None
DIRECTORS’ AFFILIATE RELATIONS
The Articles of Association state that the General Meeting of Shareholders (GMS) has the authority to dismiss members of the
Board of Directors if there is a family relationship up to the third degree between members of the Board of Directors or between
members of the Board of Directors and members of the Board of Commissioners. This family relationship includes straight-line
and side-line relationships, including those that arise as a result of marriage.
PT Bank KB Bukopin Tbk Annual Report 2023 351
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Good Corporate Governance
Financial Relation with Family Relation with
Management
Board of Board of Board of Board of Relation
Name Position Shareholder Shareholder
Commissioner Director Commissioner Director
Yes No Yes No Yes No Yes No Yes No Yes No Yes No
Woo Yeul President X X X X X X X
Lee Director
Robby Vice X X X X X X X
Mondong President
Director
Helmi Director X X X X X X X
Fahrudin
Dodi Director X X X X X X X
Widjajanto
Seng Director X X X X X X X
Hyup Shin
Yohanes Director X X X X X X X
Suhardi
Henry Director X X X X X X X
Sawali
Jung Ho Director X X X X X X X
Han
Young Director X X X X X X X
Eun Moon
DUTIES, OBLIGATIONS AND c. Consultants are Independent Parties and have the
RESPONSIBILITIES qualifications to work on special projects as referred
to in the previous point.
Based on the Board of Directors’ Guidelines and Regulations, the 10. Provide accurate, relevant and timely data and information
Board of Directors has full duties and responsibilities as follows: to the Board of Commissioners;
1. Implementation of Company management; 11. Have work guidelines and rules that are binding for each
2. Manage the Company in accordance with its authority and member of the Board of Directors;
responsibilities as regulated in the Articles of Association 12. All decisions taken by the Board of Directors in accordance
and applicable laws and regulations; with the work guidelines and regulations are binding and
3. Implement GCG principles in every Company business the responsibility of all members of the Board of Directors;
activity at all organizational levels; 13. Members of the Board of Directors are prohibited from
4. Follow up on audit findings and recommendations from the granting general power of attorney to other parties which
Company’s Internal Audit Work Unit, external auditors, Bank results in the transfer of the duties and functions of the
Indonesia supervision results and/or supervision results Board of Directors.
from other authorities;
5. In order to implement GCG principles, the Board of Directors RIGHTS AND AUTHORITIES
is at least obliged to establish: OF DIRECTORS
a. Internal Audit Work Unit;
b. Risk Management Work Unit and Risk Management Based on the Articles of Association, the rights and authority
Committee; And of the Board of Directors are as follows:
c. Compliance Work Unit. 1. The Board of Directors has the right to represent the
6. Accountable for the implementation of his duties to Company inside and outside the court on all matters and
Shareholders through the General Meeting of Shareholders; in all cases bind the Company, with other parties, and carry
7. Carry out the appointment of members of the Audit out all actions, both regarding management and ownership;
Committee, Risk Monitoring Committee and Remuneration 2. The President Director or 2 (two) Directors together have
and Nomination Committee based on the decision of the the right and authority to act for and on behalf of the Board
Board of Commissioners meeting; of Directors and represent the Company;
8. Disclose to employees regarding the Company’s strategic 3. For certain actions, the Board of Directors also has the right
policies in the field of personnel; to appoint one or more people as their representatives or
9. Directors are prohibited from using individual advisors and/ proxies by giving them the powers regulated in the power
or professional services as consultants unless they meet of attorney;
the following requirements: 4. The Board of Directors can appoint either individuals or 1
a. Projects are special; (one) group of people in the form of a committee to carry
b. Based on a clear contract, which at least includes the out the management of certain business activities of the
scope of work, responsibilities and work period as well Company.
as costs;
352 Annual Report 2023 PT Bank KB Bukopin Tbk
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DUTIES AND RESPONSIBILITIES OF EACH DIRECTOR
The division of duties and authority of each member of the Board of Directors is determined by the General Meeting of Shareholders
(GMS) and regulated in the Board of Directors’ work procedures guidelines. This guideline provides specific direction regarding
the responsibilities of each member of the Board of Directors based on their expertise, experience and company goals. The
division of duties and authority of each member of the Board of Directors is as follows:
Name Position Work Field
Woo Yeul Lee President Coordinating all functions and groups/divisions including Internal Audit, Anti Fraud, Corporate
Director Communication and Human Capital.
Robby Mondong Vice President Coordinating the implementation of group retail business, small and medium enterprises and wholesale,
Director corporate relations, and maintaining KPIs for branch office business performance
Helmi Fahrudin Director of 1. Retail segment sales planning and management.
Operation 2. Branch customer service.
3. Retail segment sales function.
4. Product development and portfolio management for the retail segment consisting of Pension
Credit, Home Ownership Credit (KPR), Motor Vehicle Ownership Credit (KPM), Credit Cards, Wealth
Management, Fund Products, and other products.
5. Strategic partners and retail product sales strategy.
6. Marketing communications.
7. Manage the retail credit factory in the retail segment related to credit analysis for the retail segment and
operations related to the credit document compliance process, credit investigation and disbursement in
the retail segment as well as third party management.
Dodi Widjajanto Director of 1. Regulations and compliance policies.
Compliance and 2. Monitoring corporate governance.
Risk 3. Single point of contact with regulator.
4. Customer introduction.
5. Anti-money laundering and transaction monitoring.
6. Corporate legal functions and litigation.
7. Monitoring, analysis and assessment of credit portfolios and credit collectability, providing assessment/
rating models.
8. Credit risk control
9. Enterprise Risk Management
10. Market & Liquidity Risk Management
11. Operational Risk Management and others
12. Information Technology Risk Management
13. Personal data protection.
14. Customer Protection.
Seng Hyup Shin Director of 1. Treasury and liquidity management.
Finance 2. Custody and trustee business.
3. Corporate financial strategy and planning and budgeting.
4. Management information system and performance management.
5. Accounting, taxes and Internal Control Over Financial Reports.
6. Financial transactions in the procurement process.
7. Manage ALCO.
8. Manage KPIs at corporate, group and department levels.
Yohanes Suhardi Director of SME 1. Sales planning and management micro and SME segments.
Business 2. Product sales function for the micro and SME segments.
3. Product development for the micro and SME segments.
4. Micro and SME segment partnerships.
5. Manage portfolio and support sales for micro and SME segments.
6. Business functions, sales development and support as well as trade finance product operations.
7. SME credit operational risk management.
8. Sales planning and management for commercial, corporate and Korean Link segments.
9. Commercial, corporate and Korean Link segment sales and partnership functions.
10. Product development and transactional solutions in the commercial, corporate and Korean Link
segments.
11. Participates in global syndication pmJaman, international banking loans to large companies, as well as
financing and cross selling services.
12. Development of new business solutions and supply chain.
13. The function of developing policies and restructuring business processes related to credit.
14. Manage business KPIs for commercial, corporate and Korean Link segments.
Henry Sawali Director of Credit 1. Credit analysis for corporate, commercial and Korean Link segments.
2. Manage the Credit Regional Center for the MSME segment.
3. Manage bad banks, credit restructuring for MSME, corporate, commercial and Korean Link segments.
4. Managing Foreclosed Assets (AYDA) and conducting bulk sales.
5. Manage assets and/or Bank portfolios that have been sold, as well as manage ABS and Sukuk.
6. Rite segment credit billing!
7. Operation of legal credit processing, credit investigation and disbursement in the MSME, corporate,
commercial and Korean Link segments.
8. Manage all asset quality in the Bank and act as a control tower to improve asset quality.
9. Billing, maintenance and settlement for Swamitra.
PT Bank KB Bukopin Tbk Annual Report 2023 353
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Good Corporate Governance
Name Position Work Field
Jung Ho Han Director of 1. Planning and managing company strategy.
Strategy 2. Subsidiary management.
3. Driving business growth through strategic partnerships.
4. Strategy and optimization of physical sales channels / branch office outlets, sub-branch offices, cash
offices and ATMs.
5. Driving transformation and as a project management office.
6. Procurement and management of fixed assets.
7. Encourage implementation and monitoring of efficiency strategies through cost hunting.
8. Operations on credit card electronic channels, payment systems and treasury.
9. Monitoring and developing services and operations to improve customer service.
10. Business Process Restructuring.
11. Management of insurance partners
Young Eun Moon Director of IT 1. Digital TL development and development of TL-based services for customers.
2. Information Technology (Tl) policy and strategy.
3. Reliability and availability of infrastructure Tel.
4. Tl application development
5. IT security for Bank cyber resilience and security
6. New Generation Banking System (NGBS)
7. Incubation and development of digital solutions
8. Business development and digital ecosystem.
9. Improvements to processes and increased IT and digital competencies
MANAGEMENT OF CONFLICTS OF INTEREST OF DIRECTORS
In the event of a conflict of interest, members of the Board of Directors are prohibited from taking actions that could harm the
Bank or reduce the Bank’s profits and are required to disclose conflicts of interest in every decision, so that to carry out legal
actions in the form of transactions that contain a conflict of interest between the personal economic interests of the members
of the Board of Directors, approval from the GMS is required based on majority vote from shareholders who have no conflict
of interest.
DECREE AND IMPLEMENTATION OF DIRECTORS’ DUTIES
Throughout 2023, in general, the implementation of the duties and responsibilities of the Board of Directors went well. The
Board of Directors is tasked with directing the Bank’s operational and strategic business policies. This can be seen through the
Bank’s policies which support government programs and the Bank’s strategic direction which focuses on the Retail segment, on
the other hand, the activities carried out by the Board of Directors in 2023 include rebranding the Bank’s new brand and logo.
The Decree issued by the Board of Directors in 2023 is as follows:
Decree No. Regarding
0005 Foreign Worker Remuneration Policy
0008 BI Policy - Fast Payment
0018 Non-Structural Position Policy
0019 Clean Desk Policy of PT Bank KB Bukopin Tbk
0020 Organizational Structure
0021 Employee Transfer, Promotion & Demotion Policy
0025 Guidelines on the Collective Sales of Non-performing Loans
0037 Determination of Authority Limits Approval Power Matrix Credit Card & Merchant KB Bank for the Board of Directors of PT
Bank KB Bukopin Tbk
0039 Training Implementation Policy for the Employees
0045 Disciplinary Regulations for the Employee
0048 Employment Termination Policy
0049 Changes in the Composition of Changes in Dapen Supervisors
0050 Addendum I SKEP for Directors No. 0020 of 2023
0052 Policy Duties and Responsibilities of the Organization of PT Bank KB Bukopin Tbk
0064 Consumer Credit Program for KB Bank Employees
0080 Information Reporting Policy to the Directors of PT Bank KB Bukopin Tbk
0081 Revocation of PT Bank KB Bukopin Tbk Loss Event Database Guidelines
0085 Special Treatment Policy for Certain Regions and Sectors Affected by Disasters
354 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 355
Decree No. Regarding
0128 PT Bank KB BUkopin Tbk Risk Management Committee Charter
0129 Appointment of Department or Unit Responsible for increasing literacy and financial inclusion at PT Bank KB Bukopin TBk
0130 Addendum II SKEP for Directors No. 0020 of 2023 organizational structure
0131 Employee Leave Policy
0132 Policy on Providing Educational Assistance
0137 Car Ownership Cash Program Policy
0152 Rating Audit Policy of PT Bank KB Bukopin Tbk
0153 Addendum V Regarding the Special Treatment Policy for Debtors Due to the Impact of COVID-19
0155 Foreign Worker Remuneration Policy
0156 Policy on Utilization of Foreign Workers, Knowledge Transfer Program and Business Visits
0160 PT Bank KB Bukopin Tbk Anti Fraud Strategy Policy
0178 Budgeting authority, investment, budget allocation, payments and budget withdrawals
0179 Budget Policy
0198 PT Bank KB BUkopin Consumer and Community Protection Policy
0199 PT Bank KB Bukopin Consumer Protection Code of Ethics
0205 Whistleblowing System (WBS) Policy
0206 Institutional Policy and Authority of the PT Credit Committee. PT Bank KB Bukopin Tbk
0208 Policy for Implementing Anti-Money Laundering Programs, Preventing Terrorism Financing, and Preventing Funding for the
Proliferation of Weapons of Mass Destruction Bank KB Bukopin
0211 Bank Organizational Structure
0212 Sustainable Finance Policy
0219 Office Network Classification Policy
DIRECTORS DEVELOPMENT PROGRAM
Bank KB Bukopin always encourages development activities for the Board of Director, both through orientation programs aimed
at new members of the Board of Directors and training programs for Directors. The competency development program for the
Board of Director is aimed at supporting the implementation of the Directors’ duties to achieve sustainable growth and effective
Bank management.
RISK MANAGEMENT CERTIFICATION
As regulated in Bank Indonesia Regulation no. 11/19/PBI/2009 concerning Risk Management Certification for Management and
Officials of Commercial Banks, Board of Commissioners and Directors are required to have a Risk Management Certificate issued
by a Professional Certification Institute, with the following classification:
Position Level Valid Period
Board of Commissioner At least Level 1 4 years
Board of Commissioner At least Level 2 4 years
Board of Commissioner and Board of Director with assets of 4 2 years
1 to 10 T
In the event that the validity period of the certification has expired, a periodic Refreshment Program must be carried out at least
once every 4 (four) years for levels 1 and 2; or 1 (one) time in 2 (two) years for levels 3, 4 and 5.
The following table describes the risk management certification held by the Board of Directors of Bank KB Bukopin in 2023.
Level of
Name Position Certification Body
Certification
Woo Yeul Lee Board of Director 5 Banking Professional Certification Agency
Robby Mondong Vice Board of Director 5 Banking Professional Certification Agency
Helmi Fahrudin Director 5 Banking Professional Certification Agency
Dodi Widjajanto Director 5 Banking Professional Certification Agency
Seng Hyup Shin Director 5 Banking Professional Certification Agency
PT Bank KB Bukopin Tbk Annual Report 2023 355
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Good Corporate Governance
Level of
Name Position Certification Body
Certification
Yohanes Suhardi Director 5 Banking Professional Certification Agency
Henry Sawali Director 5 Banking Professional Certification Agency
Jung Ho Han Director 5 Banking Professional Certification Agency
Young Eun Moon Director 5 Banking Professional Certification Agency
TRAINING AND COMPETENCY 1. Proposals for dismissal and/or replacement of members
DEVELOPMENT PROGRAM of the Board of Directors will be decided at the GMS by
taking into account recommendations from the Board
All members of the KB Bank Board of Directors are committed of Commissioners or the committee carrying out the
to improving their competence in order to support the nomination function;
implementation of their daily duties and responsibilities. This 2. The decision to dismiss a member of the Board of Directors
commitment is reflected in the training attended by each is taken after the relevant member of the Board of Directors
member of the Board of Directors throughout 2023 which can is given the opportunity to defend himself at the GMS. Such
be seen in the Company Profile section of this Annual Report. dismissal takes effect from the closing of the GMS which
decides the dismissal, unless another date of dismissal is
COMPANY INTRODUCTION determined by the GMS. Providing an opportunity to defend
PROGRAM FOR NEW DIRECTORS oneself is not necessary if the member of the Board of
Directors voluntarily resigns from his/her position and/or
The Introduction Program for newly appointed Directors aims does not object to the dismissal;
to provide knowledge about the Company, so that they can 3. Members of the Board of Directors whose term of office has
understand their duties and responsibilities as a Director, the ended may be reappointed for only 1 (one) term of office;
Company’s business processes, and can work in harmony 4. A member of the Board of Directors has the right to resign
with other Company Organs. The Corporate Secretary as the from his position by notifying the Company in writing of
implementer of the Introduction Program for newly appointed his intention at least 30 (thirty) calendar days before the
Directors, prepares introduction program materials which date of his resignation;
include the Company Introduction Program relating to: 5. A member of the Board of Directors who resigns will only
1. Explanation of the duties, responsibilities and authority of be relieved of his responsibilities if the GMS releases him
members of the Board of Directors; from his responsibilities during his term of office;
2. Introduction and explanation of Company Culture and 6. The Company is obliged to hold a GMS no later than 90
Organizational Structure; (ninety) days after receiving the resignation letter to decide
3. Explanation of the Company’s Work Plan and Budget (RKAP) on the request for resignation of the member of the Board
and Bank Business Plan (RBB), Guidelines for the Board of Directors;
of Directors’ Work Rules, and the Company’s Articles of 7. In the event that a member of the Board of Directors
Association; resigns resulting in the number of Directors being less
4. Participate in training programs in fields appropriate to the than 2 (two) people, then the resignation is valid if it has
duties and functions concerned. As well as other important been determined by the GMS and a new member of the
things that can be provided in the form of presentations, Board of Directors has been appointed so that it meets
meetings, visits to the Company and review of documents the minimum requirements for the number of members of
or other programs. the Board of Directors;
8. The term of office of a member of the Board of Directors
In 2023, there has been a new member of the Board of Directors ends if:
who has participated in the Director’s orientation program, a. Resign;
namely Mr. Jung Ho Han b. No longer meets applicable statutory requirements;
c. Passes away;
MECHANISM FOR RESIGNATION d. Dismissed based on GMS resolution.
AND DISMISSAL OF DIRECTORS
DIRECTORS’ PERFORMANCE
A member of the Board of Directors may resign by notifying the ASSESSMENT
Bank of his intention in writing, with a copy to the Shareholders,
Directors and other members of the Board of Commissioners Based on Law no. 40 of 2007 concerning Limited Liability
at least 30 (thirty) days before the date of his resignation. The Companies stipulates that if the Board of Directors consists of
Company must hold a General Meeting of Shareholders (GMS) 2 (two) or more Directors, the Directors’ responsibilities apply
within 90 (ninety) days after receiving the resignation letter of jointly and severally. There are 2 (two) types of procedures for
a member of the Board of Directors to follow up on the matter. assessing the performance criteria of the Board of Directors
Otherwise, the resignation will be considered valid without as follows.
GMS approval. Before the resignation becomes effective, the
relevant member of the Board of Directors is still obliged to
complete his duties and responsibilities in accordance with the
Articles of Association. The mechanism is as follows:
356 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 357
Performance Assessment by GMS 8. Improving the quality of Human Resources and employee
Every year, the Board of Directors and each member of engagement;
the Board of Directors will be evaluated by the Board of
Commissioners as part of accountability. This evaluation Director of Operations
includes the results of the overall performance of the Board 1. Achieve targeted financial performance;
of Directors, both collegial and individual. The results of the 2. Efficient operating costs and improving asset quality;
evaluation will be presented to Shareholders at the General 3. Increase customer loyalty towards the Company’s products;
Meeting of Shareholders (GMS). This evaluation is one of the 4. Increasing product effectiveness according to customer
consideration factors for shareholders in the resolutions to needs;
dismiss and/or reappoint members of the Board of Directors. 5. Improving the quality of Human Resources and employee
engagement;
Implementation Procedures of Performance Assessments
for the Board of Directors Director of Compliance and Risk
Every year, members of the Board of Directors carry out a 1. Achieve targeted financial performance;
self-assessment to evaluate the performance of the Board of 2. Efficient operating costs and improving asset quality;
Directors in a collegial manner. This aims to encourage positive 3. Improve GCG implementation in the Company.
contributions from each member of the Board of Directors in 4. Improve the quality of Human Resources and employee
improving performance on an ongoing basis. Proposals for engagement
the performance achievements of the Board of Directors are 5. Improve risk management;
submitted by the Board of Commissioners and Directors at the
General Meeting of Shareholders (GMS). The GMS provides Director of Finance
exemption from responsibility to members of the Board of 1. Efficient operating costs and improving asset quality;
Directors for the management carried out during the previous 2. Optimize sales productivity to gain customer trust and
fiscal year, unless there are acts of embezzlement, fraud or loyalty;
other criminal acts which are reflected in the Annual Report 3. Improve the quality of Human Resources and employee
and Financial Statements. engagement.
Board of Directors’ Performance Evaluation Criteria Director of SME Business
The performance assessment of the Directors is measured 1. Achieve targeted financial performance;
based on the key performance indicators that have been 2. Efficient operating costs and improving asset quality;
determined for each Director, namely: 3. Expand market share and increase customer loyalty towards
the Company’s products;
President Director 4. Optimize sales productivity to gain customer trust and
1. Achieve targeted financial performance; loyalty.
2. Efficient operating costs and improving asset quality;
3. Expand market share and increase customer loyalty towards Director of Credit
the Company’s products; 1. Achieve targeted financial performance;
4. Increasing product effectiveness according to customer 2. Efficient operating costs and improving asset quality;
needs; 3. Maintain and increase customer loyalty towards the
5. Optimize sales productivity to gain customer trust and Company’s products;
loyalty; 4. Optimize sales productivity to gain customer trust and
6. Improve operational and service quality to increase loyalty;
customer loyalty; 5. Improve the quality of Human Resources and employee
7. Improve risk management and good corporate governance; engagement.
8. Improving the quality of Human Resources and employee
engagement; Director of Strategy
9. Improve IT support in services and operations to support 1. Achieve targeted financial performance;
business. 2. Expand market share and increase customer loyalty towards
the Company’s products;
Vice President Director 3. Optimize sales productivity to gain customer trust and
1. Achieve targeted financial performance; loyalty.
2. Efficient operating costs and improving asset quality;
3. Expand market share and increase customer loyalty towards
the Company’s products;
4. Increasing product effectiveness according to customer
needs;
5. Optimize sales productivity to gain customer trust and
loyalty;
6. Improve operational and service quality to increase
customer loyalty;
7. Improve risk management and good corporate governance;
PT Bank KB Bukopin Tbk Annual Report 2023 357
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Good Corporate Governance
Director of IT PERFORMANCE ASSESSMENT OF
1. Achieve targeted financial performance; COMMITTEES AND WORK UNITS
2. Efficient operating costs and improving asset quality; UNDER THE BOARD OF DIRECTORS
3. Increasing Information Technology support in services and
operations to support business; In carrying out its management duties, the Board of Directors
recognizes the importance of forming committees under it. The
The Party Conducting the Assessment formation of these committees is adjusted to the Company’s
The performance assessment of the Board of Directors is business needs and applicable regulatory provisions. The main
carried out by the Board of Commissioners and Shareholders purpose of forming these committees is to create effectiveness
at the General Meeting of Shareholders (GMS), in accordance and efficiency in company operations.
with the obligations stipulated in applicable laws and the
provisions contained in the company’s Articles of Association. These committees can cover various areas such as audit,
This assessment process also follows the mandate given by risk, remuneration, nominations, and so on, depending on the
Shareholders, which can be manifested in the resolutions needs and characteristics of the company. Each committee
taken at the GMS. The Board of Commissioners is responsible has specific responsibilities in accordance with its respective
for ensuring that the performance assessment of the Board functions, such as supervising operational policies and
of Directors is carried out objectively and transparently, in practices, ensuring compliance with regulations, or providing
accordance with established standards. recommendations regarding remuneration policies and
appointment of members of the Board of Directors.
Meanwhile, Shareholders have an important role in determining
company direction and policies, including evaluating the In 2023, the Board of Directors assesses that the committees
performance of the Board of Directors in achieving company formed have carried out their duties and responsibilities
goals. Thus, the Board of Directors performance assessment effectively. This evaluation includes an assessment of the
process becomes an integral part of good corporate governance, performance of the committees in achieving their goals, as well
which aims to increase accountability, transparency and as the effectiveness of work processes and their contribution
accountability at the highest leadership level. to the overall performance of the company. Thus, the existence
of these committees is expected to improve overall corporate
Performance Assessment Based on GCG Assessment governance and support the achievement of strategic business
Aspects of the Board of Commissioners and Board of goals.
Directors
The performance assessment of the Board of Directors is also Risk Management Committee
carried out using the self-assessment method in accordance The importance of effective and integrated risk management
with SEOJK No. 13/SEOJK.03/2017 of 2017 concerning the in the company’s operational context has encouraged the
Implementation of Governance for Commercial Banks. formation of a Risk Management Committee. This committee
has a crucial role in supporting the implementation of effective
Procedures for Implementing GCG Self Assessment risk management processes and systems at all levels of the
related to Directors’ Performance organization. By establishing a Risk Management Committee,
The Board of Directors carried out a self-assessment of its the Company aims to ensure that business risk management
performance for one year in the period June and December, is carried out systematically, integrated and sustainable.
regarding the management of the Company, achievement of
targets, efforts to overcome obstacles and risk management In 2023, the Board of Directors concluded that the Risk
as well as the implementation of corporate governance. The Management Committee had functioned well and made a
board of commissioners will evaluate it through meetings with significant contribution. This assessment is based on an
the Nomination and Remuneration Committee and then the evaluation of the committee’s performance in carrying out its
results will be reported to shareholders at the Annual GMS. duties and functions in accordance with its competence and
authority. The Risk Management Committee is responsible for
Directors’ Performance Evaluation Criteria identifying, evaluating and mitigating the risks faced by the
The Directors’ Self Assessment Criteria regarding GCG company. In addition, this committee also ensures that risk
implementation are divided into 3 (three) groups, namely management strategies and policies are well integrated into
Governance Structure, Governance Process and Governance the Company’s overall business strategy.
Outcome. Governance Structure consists of 16 (sixteen)
indicators, Governance Process consists of 14 (fourteen) Thus, the Board of Directors concluded that the Risk
indicators while Governance Outcome consists of 10 (ten) Management Committee had succeeded in carrying out its
indicators. duties and functions well during 2023, which made a positive
contribution in ensuring effective and sustainable business
The Party Conducting the Assessment risk management.
The assessment is carried out by the Compliance, Policy &
Good Corporate Governance Department as the work unit
that carries out assessments of GCG implementation factors
in the Company.
358 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 359
ALCO Committee During 2023, the Board of Directors assesses that the Credit
The ALCO Committee is tasked with managing asset and Restructuring Committee has carried out its duties well. This
liability products by considering growth, business continuity committee succeeded in recommending and/or deciding on
and profitability. According to the Board of Directors, ALCO’s credit restructuring effectively in accordance with its authority.
meetings and decisions in 2023 are effective. This reflects The decisions taken by the Credit Restructuring Committee
careful monitoring of the financial portfolio as well as the ability have a significant impact on mitigating the company’s credit
to deal with changing market dynamics. The decisions taken by risk and ensuring stable business continuity. Thus, the role
ALCO have a significant strategic impact on the bank, including of the Credit Restructuring Committee is key in maintaining
in terms of risk management and achieving long-term financial the company’s financial stability and ensuring healthy credit
goals. Thus, ALCO plays an important role in making decisions management.
that support the growth and stability of the bank’s business.
Non-Performing Loans Settlement Committee
Information Technology Steering Committee The Non-Performing Loans Settlement Committee has the
The Information Technology Steering Committee is the highest authority and responsibility to recommend and/or decide on
entity in managing information technology which is tasked the resolution of non-performing loans. This authority includes
with providing recommendations and providing assistance the resolution of quality 3, 4 and 5 non-performing loans,
to the Board of Directors and Board of Commissioners including taking over collateral (AYDA), writing off books and
in monitoring implementation activities and readiness of writing off credit bills.
information technology infrastructure. Duties include reviewing
and evaluating the company’s information technology needs, This committee plays an important role in evaluating appropriate
providing strategic advice, and ensuring compliance with solutions to overcome credit problems that arise. The decision-
applicable security standards and IT policies. making process of the Non-Performing Loans Settlement
Committee requires an in-depth analysis of the debtor’s
According to the Board of Directors, the implementation of financial condition, collateral value and related risks.
the duties of the Information Technology Steering Committee
during 2023 is in accordance with the work plan that has been During 2023, the Board of Directors assesses that all Committee
determined. This committee has succeeded in supporting the members have carried out their duties optimally. This
implementation of information technology in the Company assessment is based on the contribution of each Committee
well. This reflects the Committee’s commitment to ensuring to the bank, including reports and recommendations provided
that the company’s information technology infrastructure runs to the Board of Directors. This evaluation is the basis for
efficiently, securely and in line with business needs. Thus, ensuring that the decisions taken by the Non-performing Loan
the role of the Information Technology Steering Committee is Settlement Committee have a positive impact in overcoming
key in ensuring that information technology becomes one of credit problems and maintaining the bank’s financial health.
the main drivers in achieving the Company’s business goals. Thus, the role of the Problem Loan Settlement Committee
is key in ensuring effective handling of the non-performing
Credit Restructuring Committee credit portfolio.
The Credit Restructuring Committee is an entity that has the
responsibility and authority to recommend and/or decide on Diversity Policy for the Board of Commissioners and
Credit Restructuring. This authority includes restructuring Directors
quality 1 and 2 credit for debtors in the monitoring category Public Company Governance Guidelines from the Financial
(watch list), as well as restructuring or restructuring quality 3, Services Authority in the Attachment to Financial Services
4 and 5 credit after restructuring. Authority Circular Letter No. 32/ SEOJK.04/2015 concerning
Public Company Governance Guidelines emphasizes the
This committee has an important role in evaluating and importance of diversity in the composition of members of
making decisions regarding credit restructuring, which is a the Board of Commissioners and Directors. This diversity
strategic step to overcome emerging credit problems. The includes desirable characteristics in terms of organizational
credit restructuring process requires a careful analysis of the structure and individuals. The appointment of members of
debtor’s financial condition and associated risks, as well as the Board of Commissioners and Directors must take into
considering the impact on the company’s overall finances. account the skills, knowledge and experience relevant to the
duties and functions of each position. This will ensure that the
Board of Commissioners and Directors have the appropriate
competencies to achieve the goals of a public company
effectively.
PT Bank KB Bukopin Tbk Annual Report 2023 359
Page 360
Good Corporate Governance
The diversity of the composition of the Board of Commissioners
is explained in the following table:
Age
Name Position Gender (years Education Work Experience Expertise
old)
Jerry Marmen President Male 58 University • Assistant to the Special Staff of the GRC
Commissioner Doctor of President of the Republic of Indonesia Specialist
Philosophy at (Economic Affairs) for Banking
the Australian • Chair of the Governance, Risk and & Financial
National Compliance Professional Certification Institutions
University Institute: LSP TRK/LSP GRC
• Supervisory Commissioner of the Risk
Management Certification Body (BSMR)
• PT Risk Policy Committee/Risk Monitoring
Committee. Indonesian Services Insurance
(Persero)
• Strategic Advisor & Senior Partner, Korn
Ferry (Hay Group) Indonesia
• Strategic Advisor and Senior Partner at PT
Sucofindo Prima Internasional Consultant
• Chairman of the Indonesian Association
for Competency Development in Financial
Services Industry (Financial Services
Industry Competency Development
Association)
• Secretary General IPA-GRC (Indonesian
Professional Association for Governance,
Risk and Compliance)
• President Commissioner of PT Proteksi
Antar Nusa
• Commissioner of PT Proteksi Antar Nusa
(Insurance Brokerage)
• Vice Chancellor Perbanas School of
Economics (PERBANAS Institute)
Nam Hoon Vice President Male 55 Bachelor of • Global Business Group – Head of Global Securities
Cho Director Economics at Business Group KB Kookmin Bank and Capital
Sungkyunkwa (2021-sekarang) Investment
University • Global Strategy Department - Chief Global
Startegy Officer KB Financial Group (2018-
2020)
• Global Business Department - Managing
Director KB Securities (2016-2018)
• Management Support Dept. - Managing
Director KB Investment & Securities (2015-
2016)
• Global Sales Department - Managing
Director Daewoo Securities (2013-2015)
Stephen Independent Male 59 S2 International • President Commissioner, PT Sol Mitra Finance
Liestyo Commissioner Marketing, IPMI Fintec (2016-2021)
International • President Commissioner, PT Prismalink
Business International (2014-2021)
School • Independent Commissioner of PT.
Indonesian Commercial KiosOn, February
(2018 2019)
• President Commissioner of PT Wahana
Ottomitra Multiartha (WOM Finance), (2010
2015)
• Director of Consumer Banking, PT Bank
Maybank Indonesia Tbk (2009-2013)
• Commissioner of BCA Finance (2000-2009)
Nanang Commissioner Male 54 Master of • President Director of PT Satu Gen Finance
Supriyatno Business Indonesia (2020-Present)
Administration • Director of Corporate Internal Audit Bosowa
from Gadjah Group (2017-2022)
Mada • President Director of PT Bosowa Beton
University Indonesia (2015-2018)
• Risk Management Director PT Semen
Bosowa Maros (2015-2017)
• Vice President Special Asset Management
PT Bank Mandiri (Persero) Tbk (1999-2013)
• Credit Examiner/Auditor PT Bank Dagang
Negara (Persero) (1995-1999)
360 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 361
Age
Name Position Gender (years Education Work Experience Expertise
old)
Sukriansyah S. Independent Male 54 Doctor of Law, • Special Staff of Vice President Vice Legal
Latief Commissioner Universitas President’s Palace (2019-present)
Hasanudin • Commissioner of PT Pelindo Jasa Maritim
(2021–2022)
• Commissioner of PT Media Fajar Holding
Company (2015-2022)
• Lecturer at Fajar Educational Foundation of
Ujungpandang (1998-present)
• Commissioner of PT Pelindo IV Makassar
(2021)
• President Commissioner of PT. Kayaku
Petrochemical (2021)
• Commissioner of PT Pupuk Indonesia
Holding Company (2015-2020)
• Special Staff of the Ministry of Agriculture
(2014-2019)
• Director of PT Media Fajar Holding
Company (2014-2015)
• Extraordinary Lecturer of Hasanuddin
University (2011-2014)
• Production and HR Director, Fajar Daily
(2009-2013)
Hae Wang Lee Independent Male 55 Master of Law • Member of Board of Directors Korean Legal
Commissioner from Yonsei Association of Indonesia (2020-present)
University • President Director LEENOH Consulting
Indonesia (2019-present)
• Foreign Lawyer MR&Partners Law Firm at
Jakarta (2015-2019)
• Lawyer at APEX LLC Head of Jakarta Apex
Office (2011-2014)
• Lawyer at Law Firm C&K, LEX, APEX (2006-
2011)
Tippy Joesoef Independent Male 59 Bachelor’s • Member of the Audit Board, Financial Risk
Commissioner Degree in Services Authority (2023-Present) Management
Economics • Independent Audit Committee, American
from Bandung International Assurance (AIA) Financial
College of (2019-2021)
Economics • Chief GRC, Fazz Financial Group (2019-
(STIEB) 2021)
• Executive Director – Country Risk
Management Head, UOB Indonesia (2013-
2016)
• SVP Global Consumer Group, Citibank NA
(2013)
• SVP Risk Management, Bank Danamon
(2011-2012)
• Head of Country Operational Risk
Management, Basel 2 and Enterprise Risk
Management – Maybank (2005-2011)
• Head of Compliance for Consumer &
Commercial Banking, ABN AMRO Bank
(1999-2005)
• Credit Operations Manager, Standard
Chartered Bank (1991-1999)
Eugene K. Independent Male 71 PhD in • Director of PT Sarana Menara Nusantara Finance
Galbraith Commissioner Anthropology (2020-present)
Economics • Senior Advisor Bank Pictet & Cie (Asia) Ltd,
from John Singapore (2019-2021)
Hopkins • Senior Advisor, McKinsey and Company
University (2019-2021)
• Deputy President Director Bank Central
Asia [IDX: BBCA] (2011-2019)
• President Commissioner of Bank Central
Asia [IDX: BBCA] (2002-2011)
• Deputy President Commissioner of Bank
OCBC NISP (1998-2006)
PT Bank KB Bukopin Tbk Annual Report 2023 361
Page 362
Good Corporate Governance
The diversity in the Board of Directors is presented in the table below:
Age
Name Position Gender (years Education Work Experience Expertise
Old)
Woo Yeul Lee President Male 59 • Master of • Senior Executive Vice President Finance
Director International & Chief Strategy Officer KB
Economics from Financial Group (2022)
Korea University • Senior Executive Vice President
in 1990 & Chief Human Resource
• Bachelor’s degree Officer KB Financial Group
in Agricultural (2021)
Economics from • Senior Executive Vice President
Korea University & Chief Information Technology
in 1988 Officer KB Financial Group
(2020)
Robby Vice President Male 55 • MBA Degree • SEVP Head of Sales and Finance
Mondong Director in Marketing, Distribution PT Bank CIMB
Woodbury Niaga Tbk (2019 – 2021)
University Burbank • EVP Head of Sales and
CA USA (1993) Distribution PT Bank CIMB
• Degree in Finance Niaga Tbk (2015 – 2019)
and Banking, • SVP Head of Sales and
National University Distribution PT Bank CIMB
San Diego CA USA Niaga Tbk (2013 – 2015)
(1992)
Henry Sawali Director Male 54 • Masters Degree • Head of Commercial and MSME Finance
in Business Banking Credit PT Bank CIMB
Administration, Niaga Tbk (2017-2022)
National University • Senior Manager – SCO for
of San Diego USA Indonesia PT Bank ANZ
(1992) Indonesia (2016-2017)
• Bachelor Degree in • Senior Vice President – Head of
Finance, California Corporate Credit Risk, PT Bank
State University – OCBC NISP Tbk (2010-2016)
Fresno (1986)
Helmi Director Male 48 • Bachelor in • Head of SKAI (Executive Finance
Fahrudin Accounting Officer) PT Bank Bukopin Tbk
Economics, (2019-2020)
Indonesian • Head of Corporate Strategic
Christian Planning Division (Executive
University, (2003) Officer) PT Bank Bukopin Tbk,
• Diploma (D-3) (2018-2019)
in Accounting • Member of the Supervisory
Economics, STIE Board, Bank Bukopin Pension
Yogyakarta, (1997) Fund (2016-2020)
Dodi Director Male 57 • Master of • Head of Regional Office, Finance
Widjajanto Management in PT Bank Negara Indonesia
Agribusiness, (Persero) Tbk Bandung
Bogor Agricultural Regional Office (2020)
Institute, (2002) • Head of Regional Office,
• Bachelor of PT Bank Negara Indonesia
Economics and (Persero) Tbk Palembang
Development Regional Office (2018-2020)
Studies, Sebelas • General Manager Hong Kong
Maret University, Branch Office PT Bank Negara
(1990) Indonesia (Persero) Tbk Hong
Kong Branch Office (2016-
2018)
Seng Hyup Direktur Laki-laki 53 • Bachelor of • General Manager, KB Financial Finance
Shin Administration in Group (2018- 2020)
Administration, • Senior Deputy General
KyungPook Manager, KB Financial Group
National University (2017)
(1995) • Team Manager, KB Financial
• Master of Group (2014-2016)
Administration in
Administration,
KyungPook
National University
(1997)
362 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 363
Age
Name Position Gender (years Education Work Experience Expertise
Old)
Yohanes Director Male 58 • Bachelor of • Commissioner, PT Sahabat Finance
Suhardi Economics, Financial Keluarga (2014-2021)
Management, • EVP National Head SME
Tarumanegara Banking, PT Bank Permata Tbk
University (1998) (2013-2021)
• b. MBA Degree in • SVP National Head SME Credit,
Finance Oklahoma PT Bank Permata Tbk (2007-
University, USA, 2013)
(1990)
Jung Ho Han Director Male 58 • Bachelor in Public • CISO / Managing Director Management
Administration, (Information Security Division)
Yonsei University KB Kookmin Bank (2020)
(1992) • General Manager (Future IT
• Master of Public Implementation Department KB
Administration Kookmin Bank (2019)
Yonsei University, • General Manager (Digital
Korea (1993) Strategy Department KB
Kookmin Bank (2018-2019)
Young Eun Director Male 57 • Bachelor in Public • CISO / Managing Director IT & Digital
Moon Administration, (Information Security Division)
Yonsei University KB Kookmin Bank (2020)
(1992) • General Manager (Future IT
• Master of Public Implementation Department KB
Administration Kookmin Bank (2019)
Yonsei University, • General Manager (Digital
Korea (1993) Strategy Department KB
Kookmin Bank (2018-2019)
NOMINATION AND REMUNERATION REMUNERATION OF THE BOARD
POLICY FOR THE BOARD OF OF COMMISSIONERS
COMMISSIONERS AND DIRECTORS
The amount of remuneration and other facilities provided to
Remuneration for the Company’s Board of Commissioners and the Board of Commissioners will be determined at the Annual
Directors is based on the provisions contained in OJK Regulation GMS by Shareholders taking into account recommendations
No. 45/POJK.03/2015 concerning the Implementation of from the Remuneration and Nomination Committee.
Governance in Providing Remuneration for Commercial Banks,
as well as Financial Services Authority Circular Letter No. 40/ PROCEDURE FOR DETERMINING
SEOJK.03/2016 concerning the Implementation of Governance REMUNERATION FOR THE
in Providing Remuneration for Commercial Banks. Apart from BOARD OF COMMISSIONERS
that, decisions regarding remuneration are also discussed and
agreed upon at the Annual General Meeting of Shareholders The procedure for determining the remuneration of the
(GMS). Company’s Board of Commissioners is as follows:
1. Shareholders hold discussions at the GMS;
Reviews of the remuneration and worker welfare systems are 2. The GMS gives authority and power to the Board of
carried out regularly and continuously. The factors considered Commissioners to determine the amount of remuneration;
in the assessment include: 3. The Remuneration and Nomination Committee conducts
1. Bank Financial Performance; studies and evaluations to determine remuneration for the
2. Worker competency and performance; Board of Commissioners;
3. Remuneration practices applicable in the market. 4. The Remuneration and Nomination Committee provides
recommendations to the Board of Commissioners;
KB Bank emphasizes its commitment to implementing a 5. The Board of Commissioners discusses t he
competitive, fair and balanced remuneration system for recommendations of the Remuneration and Nomination
all workers. This bank ensures that no worker receives Committee and then proposes them by letter to the
compensation under the provisions set by the Government. Controlling Shareholders;
In addition, KB Bank periodically reviews and updates 6. Letter of Determination by the Controlling Shareholder to
its remuneration policy so that it is in line with industry the Board of Commissioners;
developments and the company’s business strategy. This is 7. Letter from the Board of Commissioners to the Board of
done to ensure that the remuneration system remains relevant Directors regarding Determination of Remuneration for the
and complies with applicable banking regulations. Board of Commissioners and Directors.
PT Bank KB Bukopin Tbk Annual Report 2023 363
Page 364
Good Corporate Governance
INDICATORS FOR DETERMINING REMUNERATION
FOR THE BOARD OF COMMISSIONERS
The indicators used in determining the Remuneration of members of the Board of Commissioners are as follows:
1. Remuneration that applies to the banking industry and the business scale of KB Bank in the banking industry;
2. The duties, responsibilities and authorities of members of the Board of Directors and/or members of the Board of Commissioners
are related to achieving the objectives and performance of KB Bank;
3. Performance targets or performance of each member of the Board of Directors and/or members of the Board of Commissioners;
4. Balance of allowances between fixed and variable benefits.
Remuneration Policy for the Board of Commissioners and Board of Directors
No Type of Remuneration/Facility Information
1 Honorarium In accordance with the provisions of the Board of Commissioners' Honorarium Scale
after obtaining approval from the General Meeting of Shareholders or determined
by the Board of Commissioners
2 Allowance Provided in accordance with the following internal provisions:
Housing & Utilities Allowance • For the Board of Commissioners, refer to the Board of Commissioners Decree
Vehicle Allowance No. SKEP/016-DKOM/XI/2021 concerning Refinement of Remuneration Policy in
Religious Holiday allowance the Form of Honorarium and other Benefits for the Board of Commissioners.
Health care benefits • For the Board of Directors, refer to the Decree of the Board of Commissioners
Glasses Reimbursement No. SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in
Educational Aid the Form of Honorarium, Variable Remuneration and other Benefits for Directors
3 Facility Provided in accordance with the following internal provisions:
Phone Credit Facility • For the Board of Commissioners, refer to the Board of Commissioners Decree
Mobile Telephone Facility No. SKEP/001-DKOM/II/2021 concerning Refinement of Remuneration Policy in
Business Travel Pocket Money the Form of Honorarium and other Benefits for the Board of Commissioners.
Life insurance • For the Board of Directors, refer to the Decree of the Board of Commissioners
Post-Employment Insurance No. SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in
Legal Aid the Form of Honorarium, Variable Remuneration and other Benefits for Directors
4 Tantiem/Bonuses/Incentives In accordance with the GMS Resolutions
5 Appreciation for completion of work period Provided in accordance with the following internal provisions:
• For the Board of Commissioners, refer to the Board of Commissioners Decree
No. SKEP/001-DKOM/II/2021 concerning Refinement of Remuneration Policy in
the Form of Honorarium and other Benefits for the Board of Commissioners.
• For the Board of Directors, refer to the Decree of the Board of Commissioners
No. SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in
the Form of Honorarium, Variable Remuneration and other Benefits for Directors
Amount Received in 1 Year
Amount of Remuneration and Other Facilities
People Amount (in IDR)
Honorarium 7 8,775,590,256
Allowance
Housing & Utilities Allowance 7 1,755,118,056
Vehicle Allowance 7 1,316,338,524
Religious Holiday allowance 7 996,798,207
Health care benefits 7 256,154,332
Glasses Reimbursement 3 15,000,000
Educational Aid 7 731,299,188
Facility
Phone Credit Facility 7 114,531,648
Mobile Telephone Facility 4 48,000,000
Business Travel Pocket Money 5 7,200,000
Life insurance 0 0
Post-Employment Insurance 0 0
Legal Aid 0 0
Tantiem/Bonuses/Incentives 0 0
Appreciation for completion of work period 0 0
Group Table for the Remuneration Amount for the Board of Commissioner
Total Remuneration Number of the Board of Commissioner
Above IDR 2 billion 7
Above IDR 1 billion-IDR 2 billion 0
Above IDR 500 million-IDR 1 billion 0
IDR 500 million and below 0
364 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 365
STOCK OPTIONS FOR THE 3. Bank business development;
BOARD OF COMMISSIONERS 4. Comparative results of banking industry remuneration;
5. Consideration of the Company’s long-term targets and
In accordance with the General Meeting of Shareholders on strategies.
April 20, 2005, shareholders approved the issuance of option
shares for members of the Board of Commissioners, Directors Nominal Amount/Components of Directors’
and employees of the Company who meet the requirements. Remuneration
However, in 2023, the Company will not have a stock option OJK Regulation no. 45/POJK.03/2015 and Financial Services
program. Authority Circular No. 40/SEOJK.03/2016 provides guidelines
for providing remuneration to the Board of Commissioners and
REMUNERATION OF DIRECTORS Directors of Commercial Banks.
Procedure for Determining Directors’ Remuneration Disclosure of remuneration components is an important part of
The amount of remuneration for the Board of Directors is transparency and accountability in corporate governance. The
determined by taking into account the GMS resolutions and remuneration components for the Board of Commissioners can
applicable regulations. The Company will pay attention to consist of various elements, including basic salary, incentives,
profit achievement targets, the ability to maintain continuity allowances and other facilities. The nominal amount or amount
and business development carried out in accordance with of this remuneration component is usually adjusted to the
the results of the analysis and recommendations of the responsibilities and contributions of each member of the Board
Remuneration and Nomination Committee. The Remuneration of Commissioners, as well as the company’s financial condition
and Nomination Committee then proposes to the Board of and performance.
Commissioners to then be proposed at the GMS.
Details of the remuneration components are usually disclosed in
Indicators for Determining Directors’ Remuneration the company’s annual report or sustainability report. This aims
The indicators used in determining the Remuneration of to provide clear and transparent information to stakeholders
members of the Board of Commissioners are as follows: regarding remuneration management in the company, as well
1. Key Performance Indicator (KPI) or results of the as to ensure that the process of providing remuneration is
performance and achievement assessment of the Board carried out in accordance with statutory provisions and good
of Commissioners; governance principles.
2. The Company’s financial performance and capabilities;
The nominal amounts/components of remuneration for the Board of Commissioners are as follows:
Amount of Remuneration and Other Amount Received in 1 Year
Facilities People Amount (in IDR)
Honorarium 7 19,652,500,000
Allowance
Utility Allowance 7 3,930,500,000
Religious Holiday allowance 7 1,999,800,000
Health care benefits 6 1,163,278,480
Glasses Reimbursement 2 11,545,000
Education Assistance 7 1,666,500,000
Leave Benefits 7 1,666,500,000
Old-Age Income Benefit 0 0
Life Insurance Guarantee Benefits 0 0
Facility
Credit Facility 6 4.000.000
Mobile Telephone Facility 1 12,000,000
Housing Loan Facility 0 0
Car Loan Facility 3 1,568,952,420
Business Travel Facilities 6 336,033,900
Vehicle Facilities 9 0
Membership Facilities 7 602,681,653
Post-Employment Insurance 0 0
Tantiem/Bonuses/Incentives 6 6,838,074,094
Appreciation for completion of term of office 0 0
Total
PT Bank KB Bukopin Tbk Annual Report 2023 365
Page 366
Good Corporate Governance
Group Table for the Remuneration Amount for the Board of Directors
Total Remuneration Number of Directors
Above IDR 2 billion 7
Above IDR 1 billion-IDR 2 billion 0
Above IDR 500 million-IDR 1 billion 0
IDR 500 million and below 0
Ratio of the Highest and the Lowest Salary
Description 2023 2022
Highest and lowest employee salaries 68:1 38:1
Highest and lowest Directors' salaries 1,69:1 1,34:1
Highest and lowest Commissioner salaries 1,39:1 1,39:1
Highest salaries for Directors and employees 1,46:1 1,16:1
Variable Remuneration for Employees
Amount Received by Employees in 1 year
Variable Remuneration 2023 2022
People IDR (million) People IDR (million)
Total 2.340 11,680,412,056 2.278 13.831.543.914
TOTAL COMPENSATION GIVEN TO EMPLOYEES AFFECTED BY
TERMINATION OF EMPLOYMENT AND TOTAL NOMINAL PAID
Nominal amount of compensation paid 2023 2022
IDR Billion 22,62 258,18
Number of people 490 1.687
MEETING OF THE BOARD OF 4. The Meeting of the Board of Commissioners must be
COMMISSIONERS AND DIRECTORS attended physically by all members of the Board of
The implementation of Board of Commissioners meetings refers Commissioners at least 2 (two) times a year;
to Financial Services Authority Regulation no. 33/POJK.04/2014 5. The summons for a meeting of the Board of Commissioners
dated December 8, 2014 concerning the Board of Directors shall be made in writing by the President Commissioner
and Board of Commissioners of Issuers or Public Companies or one of the members of the Board of Commissioners
and the Company’s Articles of Association, which are again through the Secretary of the Board of Commissioners by
confirmed in the Guidelines and Work Rules for the Board of stating the agenda, date, time and place of the meeting;
Commissioners and Directors. 6. The decision of the Board of Commissioners meeting shall
be taken based on deliberation for consensus. In the event
Board of Commissioners Meeting that a decision based on deliberation for consensus is not
Board of Commissioners Work Guidelines and Regulations No. reached then the decision is taken by a vote based on a
015 of 2019, regulates the provisions for meetings of the Board vote agreeing more than ½ (onehalf) part of the number of
of Commissioners and meetings of the Board of Commissioners members of the Board of Commissioners present;
with the Board of Directors, including as follows: 7. The results of the meeting of the Board of Commissioners
1. Every policy and strategic decision must be decided including the joint meeting of the Board of Commissioners
at a meeting of the Board of Commissioners with due and Board of Directors shall be set forth in the minutes
observance of the prevailing regulations; of the meeting, signed by all members of the Board of
2. The Board of Commissioners must hold regular meetings Commissioners and/or Directors present and delivered to
at least 1 (one) time in 2 (two) months, or the Board of all members of the Board of Commissioners and/or Board
Commissioners meeting can be held at any time if deemed of Directors;
necessary by the President Commissioner or 2 (two) or 8. All decisions of the Board of Commissioners are binding
more members of the Board of Commissioners or by the on all members of the Board of Commissioners. Dissenting
Board of Director; opinions that occur in the meeting of the Board of
3. In addition, the Board of Directors together with the Board Commissioners must be clearly stated in the minutes of
of Commissioners shall periodically hold joint meetings at the meeting along with the reasons for the dissent;
least 1 (one) time in 4 (four) months; 9. Minutes of meetings of the Board of Commissioners are
recorded and documented by the Secretary of the Board
of Commissioners and/or the Corporate Secretary.
366 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 367
INTERNAL MEETING OF THE BOARD OF COMMISSIONERS
Throughout 2023, the Board of Commissioners of KB Bank conducted 22 (twenty two) internal meetings of the Board of
Commissioners, the average attendance of Board of Commissioners members in the Board of Commissioners meeting was
86% (eighty six) with details of the meeting agenda as follows:
No Date Agenda Meeting Participant
1 January 13, 2023 Approval of Outsourcing Policy 10 Participants
2 January 27, 2023 • Discussion of Company Performance Realization in the Fourth Quarter of 2022 35 Participants
• Discussion of the Bank Health Level Assessment Report (RBBR) Semester II 2022
3 February 14, 2023 • Discussion of the Distribution of Duties & Responsibilities of Members of the Board 16 Participants
of Directors and Submission of Changes to the Company’s Organizational Structure
4 March 8, 2023 • Approval of the Board of Commissioners Withdrawal of Part of the Credit Collateral 19 Participants
of Related Parties (PT. Bosowa Utama & PT Bosowa Amal Taksi)
• Discussion and approval of changes to Committee membership under the Board of
Commissioners
5 March 15, 2023 Discussion of Bank Business Plan Revision
6 April 3, 2023 Approval of the Proposed PUT VII Share Price 23 Participants
7 April 28, 2023 Discussion of Company Performance Realization for the First Quarter of 2023 17 Participants
8 May 12, 2023 • Development of Legal Case Settlement 28 Participants
• Discussion of the Business Pricing Rate of KB Bank
9 June 5, 2023 Approval of the Board of Commissioners for the purchase of PT KB Finansia Multi 16 Participants
Finance bonds
10 June 23, 2023 Approval of the Appointment of Chairman of the 2023 AGMS 14 Participants
11 June 27, 2023 • Approval of the Revised Bank Business Plan (RBB) for the 2023-2025 period
• Approval of Additional Capital of KB Bukopin Syariah - Placement of Capital Deposit
Funds and Capital Increase Report KB Bukopin Finance - Second Stage Escrow
Fund Placement
12 June 5, 2023 Discussion of the NGBS (Next Generation Banking System) Project Progress Report
13 July 21, 2023 Discussion of the Realization of Company Performance in the Second Quarter of 2023 17 Participants
14 July 26, 2023 Discussion of RBBR Semester I 2023
15 September 25, • Discussion of the Realization of Conversion of Capital Participation into KB Bukopin 23 Participants
2023 Finance and the Development of Subsidiary Company Performance.
• Approval of Capital Increase of PT Bank KB Bukopin Syariah.
• Discussion of Consumer Protection and Customer Complaint Services at Bank KB
Bukopin.
16 October 19, 2023 • Discussion of the Progress of the Follow-up Report on Completion of the 2023 OJK 23 Participants
Findings Commitments;
• Discussion of the Company’s Realization of Performance in the Third Quarter of
2023.
17 November 6, 2023 Report and Discussion on KB Bank Rebranding Plan 26 Participants
18 November 17, Discussion of Changes in the Role and Responsibilities of the Board of Directors 23 Participants
2023 regarding the Transfer of Functions of the Human Capital Division under the President
Director
19 November 27, RBB 2024-2026 Approval 40 Participants
2023
20 December 4, 2023 Discussion of Follow-up to OJK Letter No. SR-111/PB.31/2023 and Implementation of 40 Participants
Governance for Commercial Banks Based on POJK 17 of 2023
21 December 13, • OJK Highlights at Audience Meetings 18 Participants
2023 • 2024 Audit Planning.
• Approval of APU, PPT and CPF policies in accordance with New POJK Regulation
no. 08 of 2023.
22 December 29, • Approval of the Remuneration and Nomination Committee Recommendations 15 Participants
2023 regarding the Finance Director Candidate
• Approval of Changes to the Organizational Structure and Rules & Responsibilities of
the Board of Directors
• Approval of the Write-Off and Write-Off Policy
PT Bank KB Bukopin Tbk Annual Report 2023 367
Page 368
Good Corporate Governance
JOINT MEETING
Throughout 2023, the Board of Commissioners of KB Bank held meetings inviting the Directors 10 (ten) times. The meeting
agenda is as follows:
No Date Agenda Meeting Participant
1 January 27, 2023 • Discussion of Company Performance Realization in the Fourth Quarter of 2022 35 Participants
• Discussion of the Bank Health Level Assessment Report (RBBR) Semester II 2022
2 March 15, 2023 Discussion of Bank Business Plan Revision 23 Participants
3 April 3, 2023 Approval of the Proposed PUT VII Share Price 17 Participants
4 April 28, 2023 Discussion of Company Performance Realization for the First Quarter of 2023 28 Participants
5 June 23, 2023 Approval of the Appointment of Chairman of the 2023 AGMS 17 Participants
6 July 21, 2023 Discussion of the Realization of Company Performance in the Second Quarter of 2023 26 Participants
7 July 26, 2023 Discussion of RBBR Semester I 2023 23 Participants
8 September 25, 2023 • Discussion of the Realization of Capital Conversion to KB Bukopin Finance and the 40 Participants
Development of Subsidiary Company Performance.
• Approval of Capital Increase of PT Bank KB Bukopin Syariah.
• Discussion of Consumer Protection and Customer Complaint Services at KB Bank.
9 October 19, 2023 • Discussion of the Progress of the Follow-up Report on Completion of the 2023 OJK 40 Participants
Findings Commitments;
• Discussion of the Company’s Realization of Performance in the Third Quarter of
2023.
10 November 27, 2023 RBB 2024-2026 Approval 17 Participants
FREQUENCY OF MEETINGS AND ATTENDANCE LEVEL
OF THE BOARD OF COMMISSIONERS IN 2023
Meetings of the Board of Commissioners during 2023 has been held 22 times. Meanwhile, the Joint Meeting of the Board of
Commissioners with the Board of Directors during 2023 has been held 10 times. The frequency of attendance of the Board
Meeting and the Joint Meeting of the Board of Commissioners with the Board of Directors is as follows:
Board of Commissioner Meeting Board of Director Meeting
No Name Number of Frequency of Attendance Number of Frequency of Attendance
Meeting Attendance Rate Meeting Attendance Rate
1 Jerry Marmen 22 22 100% 10 10 100%
2 Nam Hoon Cho 22 10 45.45% 10 5 50%
3 Nanang Supriyatno 22 20 90.91% 10 9 90%
4 Stephen Liestyo 22 21 95.45% 10 10 100%
5 Sukriansyah S. Latief 22 22 100% 10 10 100%
6 Hae Wang Lee 22 20 90.91% 10 10 100%
7 Tippy Joesoef 22 19 86.36% 10 8 80%
8 Eugene K. Galbraith 22 17 77.27% 10 8 80 %
BOARD OF DIRECTORS MEETING
Board of Directors meetings are meetings held by the Board
of Directors to make various business decisions, evaluate 3. Board of Directors Meetings can be held at any time if:
the Company’s performance and determine various policies a. deemed necessary by one or more members of the
in managing the Company. Board of Directors meetings are Board of Directors;
held based on the following principles: b. Upon written request from one or more members of
1. The Board of Directors is obliged to hold regular Board of the Board of Commissioners.
Directors Meetings at least 1 (one) time every month and 4. Calls for Board of Directors Meetings must be made by
chaired by the President Director; members of the Board of Directors who have the right to
2. The Board of Directors is obliged to hold regular Board of represent the Board of Directors according to the provisions
Directors and Board of Commissioners meetings at least of the Articles of Association;
once every 4 (four) months;
368 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 369
5. Decision making is carried out by deliberation to reach consensus and/or voting, and will be considered valid if the meeting
is attended by more than half of the Board of Directors;
6. Minutes of meetings are drawn up by the Corporate Secretary and signed by all members of the Board of Directors present
to be kept and made available at any time requested by the Board of Commissioners;
7. Dissenting opinions that occur at the meeting must be included in the minutes of the meeting along with the reasons.
INTERNAL BOARD OF DIRECTORS MEETING
Throughout 2023, the Board of Directors of KB Bank held Board of Directors meetings 65 times. The meeting agenda is as follows:
Number of
No Date Agenda
Participants
1 January 9, 2023 1. Approval of Management’s Response to Management Letter Crowe 35
2. PT Loan Report. Jakarta Clean Water (Salim Group)
2 January 10, 2023 Cost Efficiency Report 14
3 January 25, 2023 1. Application for Approval of Bank Soundness Levels for Semester 2 2022 58
2. December 2022 Financial Performance Report
4 January 27, 2023 Request for Approval from the Chair of the EGMS Meeting 31 January 2023 24
5 January 30, 2023 1. Request for Approval of the 2022 Semester II ICAAP Report 26
2. Wholesale Credit Rating Implementation Report
3. Monthly Progress Audit Report
4. Wholesale Credit Performance Report
6 7 Februari 2023 1. Monthly Marketing Budget report December 2022. 34
2. Application for Approval of Organizational Structure
3. Approval of Employee Discipline Culture.
4. Preparation for OJK Prudential Meeting & LAR Ratio
7 February 8, 2023 Preparation for the OJK Prudential Meeting 26
8 February 16, 2023 1. Application for Vehicle Purchase Approval & Online Transportation Collaboration. 41
2. Cross-selling Strategy Report & Business Updates.
3. CASA Improvement Report.
4. Compliance Update Report.
9 February 20, 2023 1. Audit Progress Report 57
2. Financial Performance Report January 2023
10 February 27, 2023 1. Request for Approval of New Credit Limit Authority Design during the Transition 32
Period for SME & Wholesale
2. Application for Approval of Background & Recommendations for Secondary
Cooperative Loans for Bukopin Services throughout Indonesia
3. AYDA Mapping Report by Age
11 February 28, 2023 1. Progress Report: LPO VII 24
2. Request for Approval of New Credit Limit Authority Design during the Transition
Period for SME & Wholesale
12 March 14, 2023 1. Collaboration Report of PT Bank KB Bukopin Tbk & PT. PLN. 41
2. Pension Credit Update.
3. Bulk Auction Plan to Improve Asset Quality.
4. Pan Pacific Approval
13 March 15, 2023 Revision of Bank Business Plan 25
14 March 16, 2023 General Audit Progress Report on Financial Reports for Fiscal Year 2022 by Public 43
Accounting Firm Crowe.
15 March 28, 2023 1. SME Product Presentation Report & PT KB Bukopin Tbk KUR Distribution in 2023 39
2. Audit Progress Report
3. Approval of Background & Recommendations for Secondary Cooperative Loans for
Bukopin Services throughout Indonesia
16 March 29, 2023 1. Approval of the Proposed PUT VII Share Price 39
2. Financial Performance Report February 2023
17 April 3, 2023 1. Approval of the LPO VII Share Price Proposal 56
2. ABS Approval Stage 2
3. Approval of Credit Settlement Guidelines
4. Approval of Taspen & Asabri THR payments
5. Approval of Role & Responsibilities Policy
6. BI Fast Progress Report
7. DPD management reports & Monitoring Watchlist
PT Bank KB Bukopin Tbk Annual Report 2023 369
Page 370
Good Corporate Governance
Number of
No Date Agenda
Participants
18 April 10, 2023 1. Approval of the Revocation of the PT Police Report. Tunas Muda Jaya (Payoff). 23
2. Approval of the implementation of AGMS for the 2022 financial year
19 April 12, 2023 Management Response Report on Public Accounting Firm Crowe's Management Letter 34
20 April 13, 2023 Preparation for OJK Meeting Realization of Action Plan to Improve Bank Performance 11
21 April 17, 2023 1. Approval of KPI Semester 2 2022 17
2. Approval of KKBS
22 April 27, 2023 Financial Performance Report March 2023 39
23 May 4, 2023 Impact of the End of Covid-19 Relaxation on the NPL & CKPN Ratio in April 2023. 11
24 May 10, 2023 1. Approval of the 2023 Annual General Meeting of Shareholders 22
2. Approval of Reporting Policy Information to the Board of Directors.
25 May 15, 2023 April 2023 Financial Performance Report 49
26 May 22, 2023 Reconciliation Issues between G/L and Ledger 44
27 May 29, 2023 KKBS Approval and Report 18
28 June 5, 2023 1. Approval and Report on Refund of KLBI Arrears 31
2. PLN Winback Strategy Report: Host to Host ATM & PPOB
29 June 12, 2023 Approval and Report on Refund of KLBI Arrears Part II 19
30 June 15, 2023 Preparation for Branch Closure 11
31 June 16, 2023 GL Reconciliation Issues 44
32 June 19, 2023 1. GL Reconciliation Update 52
2. Financial Performance Report May 2023
3. KLBI KUT Program Information 1998-1999
4. Approval of the 2023 KPI Policy and Scorecard
33 June 23, 2023 Approval of the Chairperson of the 2023 AGMS Meeting and the 2023 AGMS Report 26
34 June 23, 2023 1. Approval of Bank Business Revisions 23
2. Approval of Capital Increase of PT Bank KB Syariah - Placement of Capital Deposit
Funds
3. PT Bank KB Bukopin Finance Capital Increase Report - Second Stage Escrow Fund
Placement.
35 July 3, 2023 Audit Progress Report 14
36 July 10, 2023 Audit Progress Report (Continuation) 11
37 July 17, 2023 Financial Performance Report June 2023 34
38 July 24, 2023 1. Application for Approval of Bank Soundness Level 22
2. Approval of the Sale of Bankrupt Boedel Assets Via Curator of PT Kagum Yakin
Abadi (Hotel Gino Ferruci Braga Bandung).
39 July 27, 2023 Changes in Organizational Structure 14
40 July 31, 2023 1. Approval of the 2023 Semester 1 ICAAP Report 22
2. Changes in Organizational Structure
3. TKA Utilization Report (What to do and what not to do before getting FnP)
41 August 7, 2023 1. KKBS Report and Approval 37
2. G/L and Ledger Reconciliation TFT Progress Report.
42 August 14, 2023 1. Financial Performance Report July 2023 41
2. Report and Approval of Tax Audit Results for Financial Year 2018.
3. Important Information Report to the Board of Directors (PT. TGA & PT. BSG Lawsuit
Case).
4. Miscellaneous Agenda
43 August 21, 2023 1. Audit Progress Report 21
2. Updates regarding DPD and projections for August 2023.
44 August 28, 2023 1. Website Update Report 41
2. Credit culture value up’ course results report
3. 2024 RBB Preparation Report
4. Follow-up Report on SKAI Findings by the Board of Directors.
45 September 5, 2023 1. Approval of Shine External PMO Extension 28
2. Approval of Marcom Budget & Incentives
46 September 11, 2023 1. Approval and capital conversion report for PT Bank KB Bukopin Finance 58
2. Approval of KB Star Launching and Marketing Plan
3. OJK Findings Report & Directors’ Commitment and Compliance Update September
2023
4. AML Department Report Semester II 2023
370 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 371
Number of
No Date Agenda
Participants
47 September 18, 2023 1. August 2023 Financial Performance Report 52
2. TFT vs Ledger Reconciliation Progress Report
3. Double Interest Accrual Income Report
48 September 21, 2023 pproval of Capital Injection for PT Bank KB Bukopin Syariah 13
49 October 2, 2023 1. Audit Progress Report 24
2. Approval of the Bad Credit Collection Campaign
50 October 9, 2023 1. Deep Change Metamorphosis Update Report 40
2. SME Total Marketing Business Travel Program Assessment Report
51 October 16, 2023 1. September 2023 Financial Performance Report 54
2. Approval of KPI Results for Semester I 2023
3. Approval of Cessie PT. Mandiri West Madura
4. Updated Compliance Report: Follow-up to OJK Findings and Recommendations.
52 October 23, 2023 1. Approval of Changes to Organizational Structure 35
2. Progress Report on Completion of Open Items
3. RWA Boundary Monitoring Report
4. Audit Progress Report
53 October 30, 2023 1. Approval and Report on the 2023 Marketing Budget Monthly 48
2. Recruitment Process and Outsourcing Management Report
54 November 6, 2023 1. Surabaya Branch PPOP Progress Analysis Report 47
2. New Rebranding Report
55 November 13, 2023 1. Financial Performance October 2023 69
2. Changes in Authority & Implementation of the Credit Committee
3. SME Total Marketing Plan
56 November 17, 2023 Approval of RBB 2024 – 2026 34
57 November 20, 2023 1. Loan Document Verification Report 57
2. Rebranding Approval: Brand Name & Logo
3. Approval of Differences in External Reporting for Credit Card Write-Off Segments
(WO)
4. Audit Progress Report November 2023
58 November 21, 2023 Audit Progress Report November 2023 9
59 November 23, 2023 1. Approval of KB STAR M10 Marketing Plan Update 28
2. Deep Change in the Mortgage Business
60 November 27, 2023 1. Approval of the Implementation of Personal Data Protection (PDP) 56
2. Approval of RBB 2024 - 2026
3. Flexy Pay Approval
61 December 4, 2023 1. Approval of Changes to Organizational Structure 55
2. Approval of Progress on Settlement of Open Items
3. Digital Contact Center Approval
4. Approval of Outsourcing Management Revamping
5. Paywatch Report
62 December 11, 2023 1. Approval of the Implementation of Natura Tax 51
2. Monthly Marketing Budget Report October 2023
3. Batam Branch Fuel Card 3.0 Update Report
4. Pension Credit Special Inspection Report
63 December 14, 2023 November 2023 financial performance report 43
64 December 18, 2023 1. Approval of the Extension of the Bad Loan Collection Campaign 58
2. Approval of Changes to the Write-Off Policy of PT Bank KB Bukopin Tbk
3. Approval of Key Performance Indicators
4. Approval of 2023 Public Expose Material
65 December 21, 2023 Approval and Progress Update SHINE 37
PT Bank KB Bukopin Tbk Annual Report 2023 371
Page 372
Good Corporate Governance
Frequency of Meetings and Attendance Level of the Board of Directors in 2023
Attendance Percentage
No Name Number of Meeting Frequency of Meeting
(%)
1 Woo Yeul Lee 65 62 95.3
2 Robby Mondong 65 61 93.8
3 Dodi Widjajanto 65 59 90.7
4 Seng Hyup Shin**) 65 63 96.9
5 Yohanes Suhardi 65 63 96.9
6 Helmi Fahrudin 65 58 89
7. Jung Ho Han*) 60 50 83.3
8. Henry Sawali 65 60 92.3
9. Young Eun Moon*) 65 58 89
*) Mr. Jung Ho Han, Mr. Young Eun Moon has been effective since being appointed by the Company after fulfilling all the requirements stipulated in POJK No. 27/POJK.03/2016, No. 37/
POJK.03/2017 and/or other applicable laws and regulations.
**) The Company has received Mr. Seng Hyup Shin’s resignation letter on December 8, 2023.
MAJOR AND CONTROLLING SHAREHOLDERS
KB Finansial Group Inc.
100%
STIC Eugene Star
Public < 5%
Holdings Inc.
16.98% 66.88% 16.14%
99.24% 95.92%
KB Bukopin Finance KB Bukopin Syariah
The major and controlling shareholder of KB Bank is Kookmin Bank Co., Ltd., a banking company from South Korea. KB Kookmin
Bank is part of the KB Financial Group, one of the largest financial groups in South Korea. This Korean-based bank has the largest
net income achievement in Korea throughout 2019. KB Financial Group shares have been listed on the Korea Exchange (KRX)
since October 10, 2008 and on the New York Stock Exchange (NYSE) since September 29, 2008. KB Financial Group’s total
assets as of December 31, 2019 reached KRW789.6 trillion (or around IDR 9,326 trillion). The company has expanded its wings
into the global market with a network spread across the UK, United States, India, China, Hong Kong, Japan and New Zealand.
In Southeast Asia, Kookmin expanded to Cambodia, Vietnam, Laos, Myanmar and Indonesia.
372 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 373
Secretary to
the Board of Commissioners
The Board of Commissioners of KB Bank has a Secretary to the Board of Commissioners (Sekdekom) who is an internal career
officer of the Company. The appointment of the Secretary to the Board of Commissioners is carried out by the Bank’s Directors
based on the decision of the Board of Commissioners meeting. The main task of the Secretary of the Board of Commissioners
is to carry out secretarial functions for the Board of Commissioners, directly reporting to the Board of Commissioners.
To support swift administration while carrying out the duties and responsibilities of the Board of Commissioners, KB Bank
established a Secretariat Unit for the Board of Commissioners led by the Secretary of the Board of Commissioners. This unit
is tasked with carrying out administrative activities related to the functions of the Board of Commissioners, ensuring that the
decision-making process and implementation of the duties of the Board of Commissioners runs efficiently.
DUTIES AND RESPONSIBILITIES OF THE SECRETARY TO THE BOARD OF
COMMISSIONERS
The Secretary to the Board of Commissioners has duties and responsibilities as outlined in the Guidelines and Work Rules for
the Secretary to the Board of Commissioners of PT. Bank Bukopin Tbk based on Board of Commissioners Decree No. 018 of
2019, dated September 4, 2019, in general as follows:
1. Prepare meetings, including briefing sheets for the Board of Commissioners as needed;
2. Prepare Minutes of Board of Commissioners Meetings in accordance with provisions;
3. Coordinate the activities of meetings between the Board of Commissioners and the Board of Directors, committees under
the Board of Commissioners, and other related parties, including the minutes of the meetings;
4. Administer Board of Commissioners documents, including incoming letters, outgoing letters, minutes of meetings and other
documents;
5. Prepare draft reports for the Board of Commissioners;
6. Carry out other duties of the Board of Commissioners;
7. As a liaison officer for the Board of Commissioners with other parties;
8. Perform other secretarial duties.
Profile of Board of Commissioners’ Secretary
Age : 40 years
Nationality : Indonesia
Domicile : Jakarta
Education : Bachelor of Law, Brawijaya Malang University
Work Experience : • Manager of Regulation and Policy at PT Bank KB Bukopin Tbk
• Senior Corporate Law Officer PT Bank KB Bukopin Tbk
YOCKY EKO WICAKSONO
Secretary of Board of Commissioner Other Positions : -
Certification : • Level 3 Risk Management (BSMR)
• Level 2 Risk Management (BSMR)
• Level 1 Risk Management (LSPP)
• General Banking Level 1 (LSPP)
• Banking Compliance Officer Level
• Special Education for the Advocate Profession (PERADI)
Legal Basis of Appointment • SKEP /0118-DIR/VIII/2023
PT Bank KB Bukopin Tbk Annual Report 2023 373
Page 374
Good Corporate Governance
BOARD SECRETARY TRAINING AND/OR WORKSHOP
Competency Development/Training Materials Time and Place of Implementation Organizer
Kick Off Shine Project February 22 -23, 2023 - Jakarta DXC
Workshop Annual Report 3 April 2023, Jakarta Inmark
April 3, 2023 – Jakarta InMark Golden English Course
English Course September 13 – November 30, 2023 – Golden English Course
Jakarta
Training Ngbs-Be Budget Trf & App October 25, 2023 Internal House (Training)
Workshop Board of Commissioner November 8, 2023 Internal House (Training)
IMPLEMENTATION OF THE SUPPORTING ORGANS OF THE
SECRETARY TO THE BOARD OF BOARD OF COMMISSIONERS
COMMISSIONERS DUTIES
In carrying out supervision, the Board of Commissioners of KB
During 2023, the Secretary to the Board of Commissioners Bank is assisted by Committees at the Board of Commissioners
of the Company has carried out their functions and duties to level, consisting of:
support the supervisory and advisory duties carried out by 1. Audit Committee;
the Board of Commissioners, which generally includes the 2. Remuneration and Nomination Committee;
following matters: 3. Risk Monitoring Committee;
1. Assist in preparing the agenda for the Board of 4. Integrated Governance Committee.
Commissioners’ meetings and coordinating with all
relevant parties to ensure the effectiveness and smooth All committees at the Board of Commissioners level are chaired
implementation, including preparing and administering the by an Independent Commissioner.
minutes of the Board of Commissioners’ meetings;
2. Prepare draft letters from the Board of Commissioners The implementation of the duties and responsibilities of
regarding matters that require the attention of the committees at the level of the Board of Commissioners of KB
Board of Directors or suggestions and opinions from the Bank refers to the Committee’s Work Guidelines and Rules of
Board of Commissioners based on the results of Board Procedure which are prepared based on applicable regulations
of Commissioners meetings, the results of committee in Indonesia and best practices which are reviewed periodically.
reviews submitted to the Board of Commissioners,
responses to internal or external letters received by the
Board of Commissioners, and other sources of strategic
data/information as input/suggestions from the Board of
Commissioners to the Company’s Directors;
3. Inform the latest relevant regulatory developments to
be submitted to the Board of Commissioners, including
suggestions/input in making, updating/adjusting the
Board of Commissioners Decree based on the applicable
regulations/legislation;
4. Prepare and coordinate with related parties in drafting
Decree Letters and Approval Letters from the Board of
Commissioners;
5. Carry out duties as liaison officer for the Board of
Commissioners with other related parties/units in the
Company;
6. Provide information required by the Board of Commissioners
regarding matters relating to the Company’s operations to
support the duties and supervisory functions of the Board
of Commissioners;
7. Coordinate and supervise the secretarial unit to support
the smooth running of the Board of Commissioners’ duties,
including those related to the management, storage and
administration of the Board of Commissioners’ files as well
as other secretarial duties and activities requested by the
Board of Commissioners.
374 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 375
Audit
Committee
The Audit Committee was established with the aim of CRITERIA FOR AUDIT
supporting the implementation of the Board of Commissioners’ COMMITTEE MEMBERS
function in monitoring the effectiveness of the implementation
of the Internal Control System and increasing its active role Audit Committee members are required to fulfill the following
in ensuring corrective actions against the Bank’s issues that requirements and criteria:
could reduce the effectiveness of the Internal Control System. 1. Must have high integrity, good morals and character, ability,
knowledge, experience in accordance with the field of work,
The formation of the Audit Committee is based on the rules and be able to communicate well;
and regulations applicable in Indonesia, including: 2. Not a person who works or has the authority and
1. Jakarta Stock Exchange Regulation Number-Kep-305/ responsibility to plan, lead, control or supervise the
BEJ/07 dated July 19, 2004 concerning Regulation Number Company’s activities within the last 6 (six) months except
I-A concerning the Listing of Shares and Equity Securities for Independent Commissioners;
Other than Shares Issued by Listed Companies; 3. Not someone who is internal in a Public Accounting Firm,
2. Bapepam Regulation No.IX.I.5 dated September 24, 2004 Legal Consultant Firm, Public Appraisal Services Firm or
concerning the Establishment and Guidelines for the other party providing assurance services, non-assurance
Implementation of Audit Committee Work; services, appraisal services and/or other consulting
3. POJK No. 21/POJK.04/2015 concerning Implementation of services to the Company within the last 6 (six) months;
Public Company Governance Guidelines; 4. Must understand financial reports, the Company’s business,
4. POJK No. 55/POJK.04/2015 concerning the Establishment especially those related to the Company’s services or
and Guidelines for Implementing the Work of the Audit business activities, audit processes, risk management,
Committee; and laws and regulations in the Capital Market sector as
5. POJK No. 17 of 2023 concerning Implementation of well as other related laws and regulations;
Commercial Bank Governance; 5. Must comply with the Audit Committee code of ethics
6. POJK No. 13/POJK.03/2017 concerning the Use of Public established by the Company;
Accounting Services and Public Accounting Firms in 6. Willing to continuously improve competence through
Financial Services Activities; education and training;
7. SEOJK No. 13/SEOJK.03/2017 concerning Implementation 7. Does not have direct or indirect shares in the Company;
of Governance for Commercial Banks; 8. In the event that a member of the Audit Committee acquires
8. SEOJK No. 36/SEOJK.03/2017 concerning Procedures Company shares, either directly or indirectly, as a result of
for Using the Services of Public Accountants and Public a legal event, the shares must be transferred to another
Accounting Firms in Financial Services Activities; party within a maximum period of 6 (six) months after
9. POJK No. 01/POJK.03/2019 concerning Implementation of acquiring the shares;
the Internal Audit Function in Commercial Banks. 9. Has no affiliation with members of the Board of
Commissioners, members of the Board of Directors, or
AUDIT COMMITTEE WORK Major Shareholders of the Company;
GUIDELINES/CHARTER 10. Has no direct or indirect business relationships related to
the Company’s business activities.
The Audit Committee Charter is a reference in carrying out
the duties and responsibilities of Committee members which
has been ratified in the Board of Commissioners Decree No.
003 of 2019 concerning the Audit Committee Charter of PT
Bank KB Bukopin, Tbk.
The KB Bank Bank Audit Committee Charter contains rules
relating to membership, duties and responsibilities, authority,
reporting and Audit Committee meetings. These matters are
described in more detail in the Audit Committee Guidelines
and Work Rules.
PT Bank KB Bukopin Tbk Annual Report 2023 375
Page 376
Good Corporate Governance
MEMBERSHIP STRUCTURE AND e. The appointment and dismissal of Audit Committee
EXPERTISE OF THE AUDIT COMMITTEE members is reported to the OJK within a maximum
1. Members of the Audit Committee are appointed and period of 2 (two) working days after the appointment
dismissed by the Company’s Directors based on the or dismissal;
decision of the Board of Commissioners meeting. f. Information regarding appointment and dismissal as
2. The number of members and composition of the Audit referred to above is contained on the stock exchange
Committee membership of PT Bank KB Bukopin Tbk is website and the Company’s website.
as follows:
a. The Audit Committee consists of at least 1 (one) TERM OF OFFICE PROVISIONS
member who is an Independent Commissioner and 2
(two) people from independent parties from outside Referring to the Audit Committee Work Implementation
the Company, where 1 (one) person has expertise in Guidelines, it is explained that the term of office of Audit
the field of finance and accounting for at least 5 (five) Committee members cannot be longer than the term of office
years and 1 (one) person who has expertise in the field of the Board of Commissioners as regulated in the Articles of
of law and/or banking for at least 5 (five) years; Association and can only be re-elected for 1 (one) subsequent
b. The audit committee is chaired by an Independent period.
Commissioner who is also a member;
c. The Chair of the Audit Committee can only hold STRUCTURE, NUMBER, COMPOSITION
concurrent positions as Chair of another Committee AND BASIS FOR APPOINTMENT
on at most 1 (one) other committee; OF THE AUDIT COMMITTEE
d. One member of the Audit Committee is appointed as
Committee Secretary; The composition and number of members of the Audit
Committee which have been approved in Decree No. 0040 of
2023 Dated March 30, 2023 are as follows:
Position in the
Name Position in Bukopin Expertise Period
Committee
Stephen Liestyo Chairman Independent Banking, GCG and Financial Audit 2022-2023
Commissioner
Tippy Joesoef Member Independent Banking, GCG, Risk management and 2023-2024
Commissioner Financial Audit
Eugene K. Galbraith Member Independent Banking, GCG, Risk management and 2022-2023
Commissioner Financial Audit
Dewi Anggesty Sah Member Independent Party Banking and Financial Auditing 2022-2025
Bandar
Jacobus Sindu Member Independent Party Banking and Financial Auditing 2022-2025
Adisuwono
PROFILE OF AUDIT COMMITTEE MEMBERS
The profiles of Stephen Liestyo, Tippy Joesoef and Eugene K. Galbraith is available in the Profile of the Board of Commissioners
section in this Annual Report. The profiles of members who are independent parties and independent parties are as follows
Dewi Anggesty Sah Bandar Age 58 Years old
Audit Committee Member (Independent
Party) Nationality Indonesia
Domicile Bekasi
Education • Bachelor (Ir) in Agricultural Economics (Agribusiness),
Bogor Agricultural Institute (1988)
• Master Management (MM) in Finance, Gadja Mada
University (1993)
Work Experience • Kepala Manajemen Kualitas Biz Retail Banking - BTPN
(Head of Retail Banking Biz Quality Management - BTPN
(2012-2017);
• Independent Commissioner of PT DMS Modal Ventura
(2019-present);
• Senior Partner PT INOFIN Consulting (2018-present).
Concurrent Position • Independent Commissioner of PT DMS Capital Ventura
(2019-present)
• Senior Partner PT INOFIN Consulting (2018- present)
Basis of Appointment Board of Directors Decree No. 0040 of 2023 March 30, 2023
Qualification Banking and Financial Auditing
376 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 377
Jacobus Sindu Adisuwono Age 61 Years old
Audit Committee Member (Independent
Party) Nationality Indonesia
Domicile Jakarta
Education Bachelor of Economics in Accounting, Parahyangan Catholic University
Work Experience • Secretary General of the Association of Bank Internal Auditors as a
professional association (2011-2014)
• General Chair of the Association of Bank Internal Auditors (2014-2017);
• Member of the Supervisory Board - Bank Internal Auditors Association
(2017-2020);
• Chair of the Audit Committee of The Institute of Internal Auditors
Indonesia (2018-present)
Concurrent Position • Commissioner of PT BCA General Insurance (August 2021-present)
• Member of the Audit Committee of PT Bank BCA Syariah
(2017-present)
Basis of Appointment Board of Directors Decree No. 0040 of 2023 dated 30 March 2023
Qualification Financial Accounting and Auditing
EDUCATIONAL QUALIFICATIONS AND WORK
EXPERIENCE OF THE AUDIT COMMITTEE
The educational qualifications and work experience of Stephen Liestyo, Nanang Supriyatno, Eugene K. Galbraith can be seen
in the Board of Commissioners Profile section in this Annual Report book. Meanwhile, educational qualifications and work
experience Dewi Anggesty Sah Bandar, and Jacobus Sindu Adisuwono can be seen in the profiles of the two members of the
Audit Committee.
AUDIT COMMITTEE EDUCATION AND/OR TRAINING
Audit Committee education and/or training can be seen in the Audit Committee Education and/or training section in this Annual
Report book.
INDEPENDENCE OF AUDIT COMMITTEE MEMBERS
All members of the Audit Committee are independent parties who have no financial relationships, share ownership, or interests with the
Company, the Board of Commissioners, Directors, or Shareholders. The Audit Committee is also not permitted to serve as members of
other committees. This independence is regulated in OJK Regulation no. 55/POJK.04/2015 to ensure that Audit Committee members
can provide their opinions freely without being influenced by personal or external interests in carrying out their duties.
Stephen Eugene K. Dewi Anggesty Jacobus Sindu
Independence Aspect Tippy Joesoef
Liestyo Galbraith Sah Bandar Adisuwono
Has no financial relationship with the √ √ √ √ √
Board of Commissioners and Directors
Has no management relationship in the √ √ √ √ √
company, its subsidiaries, or affiliated
companies
Has no management relationship in √ √ √ √ √
the company, its subsidiaries, or
affiliated companies
Does not have family relations with the √ √ √ √ √
Board of Commissioners, Directors, and/
or fellow members of the Nomination,
Remuneration and GCG Committee
Does not serve as a manager √ √ √ √ √
of Political parties, officials and
government
DUTIES AND RESPONSIBILITIES
The Audit Committee has duties and responsibilities of at least:
1. Review financial information that will be released by the Bank to the public and/or authorities, including financial reports,
projections and other reports related to the Bank’s financial information;
2. Review compliance with laws and regulations relating to Bank activities;
3. Provide independent opinions in the event of differences of opinion between Management and Accountants regarding the
services provided;
PT Bank KB Bukopin Tbk Annual Report 2023 377
Page 378
Good Corporate Governance
4. Provide recommendations to the Board of Commissioners regarding the appointment of Public Accountants and Public
Accounting Firms based on independence, scope of assignment and fees for audit services;
5. Monitor and evaluate the implementation of the duties of the Internal Audit Work Unit (SKAI);
6. Monitor and evaluate the conformity of audit implementation by Public Accountants with applicable audit standards;
7. Monitor and evaluate the implementation of follow-up actions by the Board of Directors regarding the findings of the Internal
Audit Work Unit, Public Accountants, and the results of supervision by the Financial Services Authority;
8. Review complaints related to the Company’s accounting and financial reporting processes;
9. Review and provide advice to the Board of Commissioners regarding potential conflicts of interest;
10. Assess the adequacy of internal control;
11. Carry out other tasks assigned by the Board of Commissioners.
AUTHORITY OF THE AUDIT COMMITTEE
In carrying out its duties and responsibilities, the Audit Committee has the following authorities:
1. Access Bank documents, data and information regarding employees, funds, assets and required Company resources;
2. Communicate directly with employees including the Board of Directors and parties carrying out internal audit, risk management
and Accountant functions regarding the duties and responsibilities of the Audit Committee;
3. Involve independent parties outside the Audit Committee members who are needed to assist in carrying out their duties
(if necessary).
AUDIT COMMITTEE RESPONSIBILITIES IN PROVIDING RECOMMENDATIONS
FOR THE APPOINTMENT AND DISMISSAL OF EXTERNAL AUDITORS
The Audit Committee continuous to provide independent opinions in the event of differences of opinion between Management
and Accountants regarding the services they provide. In addition, the Audit Committee also supports the duties of the Board of
Commissioners by providing recommendations regarding the appointment of Public Accountants and Public Accounting Firms
based on independence, scope of assignment and compensation for audit services.
AUDIT COMMITTEE MEETING
Audit Committee meetings are chaired by the Chair of the Audit Committee and attended by all committee members. Meeting
procedures have been regulated in the Audit Committee Work Guidelines. Meetings are held at least once a month with decisions
made through deliberation for consensus or majority voting. Each decision is recorded in a minute signed by all members of the
Audit Committee, then submitted to the Board of Commissioners.
Throughout 2023, the Audit Committee of KB Bank has held meetings as (Audit Committee composition in accordance with
Decree No. 0040 of 2023 dated 30 March 2023):
Attendance
Date Agenda Dewi Jacobus
Stephen Tippy Eugene K.
Anggesty Sindu
Liestyo Joesoef Galbraith
Sah Bandar Adisuwono
January 6, 2023 • Discussion of Monitoring Results √ √ √ √ √
of Credit Guarantee Binding and/
or Collateral Binding at the Notary
• Discussion of the Realization of
the Internal Audit Work Program
until December 2022
January 27, 2023 • Follow-up discussion of KAP √ √ √ √ √
Crowe’s Management Letter for
the Financial Report of KB Bank
for the 2021 Fiscal Year and
previous years
• Discussion of Quality Assurance
Inspection Results for branches
throughout Indonesia (Selindo)
for the January - December 2022
period.
• Discussion of the Realization of
the Internal Audit Work Program
until the Fourth Quarter of 2022
378 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 379
Attendance
Date Agenda Dewi Jacobus
Stephen Tippy Eugene K.
Anggesty Sindu
Liestyo Joesoef Galbraith
Sah Bandar Adisuwono
February 24, 2023 • Discussion of the Fourth Quarter √ √ √ √ √
Compliance Function Report,
2022.
• Discussion of the Realization of
the Internal Audit Work Program
Up to January 2023
March 17, 2023 Material presented by the √ √ √ √ √
Management Department, Topic for
Discussion of Progress in Completion
of Audit of Consolidated Financial
Statements by Crowe
March 31, 2023 Discussion of the Realization of the √ √ √ √ √
Audit Work Program from 14 February
2023 to March
April 13, 2023 Discussion of Management Response √ √ √ √ √
to the Management Letter
April 28, 2023 Discussion of Realization Internal Audit √ √ √ √ √
Work Program Until Quarter 1 Year
May 26, 2023 • Discussion of the KAP Tender √ √ √ √ √
Results Report for the 2023
Financial Year.
• Discussion of progress on follow-
up to findings from OJK audit
results up to the first quarter of
2023.
• Discussion of the Realization of
the Internal Audit Work Program
Until 19 May 2023.
July 6, 2023 • Discussion of Reliability & Reliance √ √ √ √ √
of IT Security against Cyber Crime
Discussion of Realization
• Internal Audit Work Program Until
12 June 2023
July 28, 2023 • Discussion of Monitoring and √ √ √ √ √
Follow-up Progress on OJK
Findings.
• Follow up on the Audit
Committee’s Recommendations
regarding the Causes and Action
Plan of CCTV Back Up Findings in
Branches.
• Discussion of the Realization of
the Audit Work Program until
Quarter II, 2023
September 1, 2023 • Monitoring & Progress Follow-up √ √ √ √ √
to Completion of OJK Findings
Commitments per position on 31
August 2023.
• Discussion of the Realization of
the Internal Audit Work Program
until August 2023
September 29, 2023 • Discussion of the GL √ √ √ √ √
Reconciliation Report.
• Discussion of the Anti-Fraud
Strategy Implementation Report
for Semester 1 2023.
• Discussion of the Realization of
the Internal Audit Work Program
until September 2023
• Update Progress on Procurement
Overdue Findings.
October 27, 2023 • Pembahasan Pelaksanaan √ √ √ √ √
Kebijakan Internal dan SOP
Berdasarkan Hasil Observasi QA
dan Evaluasi Temuan Berulang di
Unit Kerja Kantor Pusat & Cabang.
• Pembahasan Realisasi Program
Kerja Audit Internal Triwulan III
Tahun 2023
PT Bank KB Bukopin Tbk Annual Report 2023 379
Page 380
Good Corporate Governance
Attendance
Date Agenda Dewi Jacobus
Stephen Tippy Eugene K.
Anggesty Sindu
Liestyo Joesoef Galbraith
Sah Bandar Adisuwono
November 24, 2023 Discussion of the Realization of the √ √ √ √ √
Audit Work Program until 10 November
2023.
December 14, 2023 • Discussion regarding the √ √ √ √ √
development of the number
of human resources in branch
offices that do not yet meet bank
operational standards.
• Discussion of the Realization of
the Internal Audit Work Program
Until December 4, 2023.
X = Absent / V= Present
Throughout 2023, the Audit Committee of KB Bank has also attended meetings organized by other work units to discuss materials
related to the assignment to the Audit Committee. The meetings are as follows (Audit Committee composition in accordance
with Decree No. 0040 of 2023 dated 30 March 2023):
Attendance
Date Agenda Dewi Jacobus
Stephen Tippy Eugene K.
Anggesty Sindu
Liestyo Joesoef Galbraith
Sah Bandar Adisuwono
January 6, 2023 • Discussion of Monitoring Results √ √ √ √ √
of Credit Guarantee Binding and/
or Collateral Binding at the Notary.
• Discussion of the Realization of
the Internal Audit Work Program
until December 2022
January 27, 2023 • Follow-up discussion of KAP √ √ √ √ √
Crowe’s Management Letter for
the Financial Report of KB Bank
for the 2021 Fiscal Year and
previous years
• Discussion of Quality Assurance
Inspection Results for branches
throughout Indonesia (Selindo)
for the January - December 2022
period.
• Discussion of the Realization of
the Internal Audit Work Program
until the Fourth Quarter of 2022
February 24, 2023 • Discussion of the Fourth Quarter √ √ √ √ √
Compliance Function Report, 2022.
• Discussion of the Realization of the
Internal Audit Work Program Until
January 2023
March 17, 2023 Material presented by the √ √ √ √ √
Management Department, Discussion
Topic on Progress of Completion
of Audit of Consolidated Financial
Statements by Crowe
March 31, 2023 Discussion on the Realization of the √ √ √ √ √
Audit Work Program 14 February 2023
to March
April 13, 2023 Discussion of Management Response √ √ √ √ √
to Management Letter.
April 28, 2023 Discussion of Realization Internal Audit √ √ √ √ √
Work Program Until Quarter 1 Year
2023.
380 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 381
Attendance
Date Agenda Dewi Jacobus
Stephen Tippy Eugene K.
Anggesty Sindu
Liestyo Joesoef Galbraith
Sah Bandar Adisuwono
May 26, 2023 • Discussion of the KAP Tender √ √ √ √ √
Results Report for the 2023
Financial Year.
• Discussion of progress on follow-
up to findings from OJK audit
results up to the first quarter of
2023.
• Discussion of the Realization of
the Internal Audit Work Program
Until May 19 2023.
July 6, 2023 • Discussion of Reliability & Reliance √ √ √ √ √
of IT Security against Cyber Crime
Discussion of Realization
• Internal Audit Work Program Until
12 June 2023.
July 28, 2023 • Discussion of Monitoring and √ √ √ √ √
Follow-up Progress on OJK
Findings.
• Follow up on the Audit
Committee’s Recommendations
regarding the Causes and Action
Plan of CCTV Back Up Findings in
Branches.
• Discussion of the Realization of
the Audit Work Program until
Quarter II, 2023
September 1, 2023 • Monitoring & Progress Follow-up √ √ √ √ √
to Completion of OJK Findings
Commitments per position on 31
August 2023.
• Discussion of the Realization of
the Internal Audit Work Program
until August 2023
September 29, 2023 • Discussion of the GL √ √ √ √ √
Reconciliation Report.
• Discussion of the Anti-Fraud
Strategy Implementation Report
for Semester 1 of 2023.
• Discussion of the Realization of
the Internal Audit Work Program
until September 2023
• Update Progress on Procurement
Overdue Findings
October 27, 2023 • Discussion on the Implementation √ √ √ √ √
of Internal Policies and SOPs
Based on the Results of QA
Observations and Evaluation of
Repeated Findings in Head Office
& Branch Work Units.
• Discussion of the Realization of
the Internal Audit Work Program
for the Third Quarter of 2023
November 24, 2023 Discussion of the Realization of the √ √ √ √ √
Audit Work Program until 10 November
2023.
December 14, 2023 • Discussion regarding the √ √ √ √ √
development of the number
of human resources in branch
offices that do not yet meet bank
operational standards.
• Discussion of the Realization of
the Internal Audit Work Program
Until 4 December 2023.
Total Meeting 15 15 15 15 15
Total Number of Attendence 15 15 15 15 15
Presence Rate 100% 100% 100% 100% 100%
PT Bank KB Bukopin Tbk Annual Report 2023 381
Page 382
Good Corporate Governance
IMPLEMENTATION OF AUDIT COMMITTEE DUTIES
The duties and responsibilities of the Audit Committee have been carried out in accordance with the Work Program that has
been approved by the Board of Commissioners by referring to the Audit Committee Charter and the Audit Committee’s Work
Guidelines and Rules.
REALIZATION OF AUDIT COMMITTEE ACTIVITIES
In accordance with the 2023 Audit Committee Work Program, the following activities have been carried out:
1. Review the financial reports that will be published including the Consolidated Financial Report of PT Bank KB Bukopin Tbk
2. Review the Compliance Function Implementation Report which is submitted quarterly by the Compliance Director to the
President Director and Board of Commissioners of the Company and semi-annually to the OJK which contains the Company’s
compliance with laws and regulations relating to the Bank’s activities.
3. Monitor and evaluate the implementation of the tasks of the Internal Audit Work Unit (SKAI) and the progress of follow-up
to the results of the SKAI Audit during 2022 as well as evaluate the performance achievements of SKAI periodically through
joint meetings with SKAI.
4. Monitor and evaluate the implementation of follow-up actions by the Board of Directors regarding the results of the supervision
of the Financial Services Authority through meetings with the Compliance Division.
POLICY AND AMOUNT OF REMUNERATION FOR NON-
COMMISSIONER AUDIT COMMITTEE
No Description Remark
1 Salary/Honorarium Salary/Honorarium Religious Holiday Allowance Education Allowance Utilities Allowance Official
Travel Facilities Health Care Benefits Bonus/Tantiem
2 Religious Holiday Allowance 1 (one) time salary
3 Education Allowance 1 (one) time basic salary/basic honorarium
4 Utilities Allowance Granted in accordance with the provisions in the Decree of the Board of Commissioners No.
SKEP/0005-DKOM/05/2018
5 Official Travel Facilities Granted in accordance with the provisions in the Decree of the Board of Commissioners No.
SKEP/0005-DKOM/05/2018
6 Health Care Benefits Granted in accordance with the provisions in the Board of Commissioners Decree No. SKEP/0005-
DKOM/05/2018
7 Bonus/Tantiem Granted in accordance with the provisions of the Board of Commissioners Decree No. SKEP/0005-
DKOM/05/2018 while taking into account the fairness and capability of the Company.
382 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 383
REMUNERATION AND
NOMINATION COMMITTEE
The Remuneration and Nomination Committee was formed and CRITERIA FOR REMUNERATION AND
is responsible to the Board of Commissioners in carrying out NOMINATION COMMITTEE MEMBERS
its functions and duties in areas related to remuneration and
nomination of members of the Board of Directors and Board of In POJK No. 34/POJK.04/2014 concerning the Nomination and
Commissioners. Remuneration Committee of Issuers or Public Companies explains
the requirements for being a member of the Committee, namely:
The bank’s obligation to form a Remuneration and Nomination 1. Has no affiliation with the Issuer or Public Company,
Committee is based on several regulations, including: members of the Board of Directors, members of the Board
1. PBI No. 8 April PBI/2006 dated January 30, 2006 concerning the of Commissioners, or Major Shareholders of the Issuer or
Implementation of Good Corporate Governance for Commercial Company;
Banks, as amended by Bank Indonesia Regulation No. 8/14/ 2. Have experience related to Nomination and/or Remuneration;
PBI/2006 dated October 5, 2006, and refined with Financial 3. Do not hold concurrent positions as members of other
Services Authority Regulation no. 17 of 2023 concerning committees owned by the Issuer or the Company;
Implementation of Governance for Commercial Banks. 4. Have expertise in the banking sector;
2. POJK No. 34/POJK.04/2014 concerning the Nomination and 5. Have adequate knowledge of capital market regulations and
Remuneration Committee of Issuers or Public Companies; other regulations and have experience related to Nomination
3. POJK No. 45/POJK.03/2015 concerning Implementation of and/or Remuneration.
Governance in Providing Remuneration for Commercial Banks;
4. POJK No. 17 of 2023 concerning Implementation of Apart from that, the criteria for members of the Remuneration
Governance for Commercial Banks; and Nomination Committee according to the work guidelines
5. SEOJK No. 13/SEOJK.03/2017 concerning Implementation of are as follows:
Governance for Commercial Banks. 1. The Remuneration and Nomination Committee consists of at
least 3 (three) people, namely:
As well as other policies that the Company has regarding the a. 1 (one) Independent Commissioner;
Remuneration and Nomination Committee: b. 1 (one) Commissioner;
1. Decree No. 0272 of 2017 concerning Good Corporate c. 1 (one) executive officer in charge of Human Resources
Governance Guidelines for KB Bank; or one employee representative.
2. Decree No. 1805 of 2016 dated December 22, 2016 concerning 2. The appointment of members of the Remuneration and
Remuneration Policy of PT Bank Bukopin Tbk; Nomination Committee as referred to in point 1 must be carried
3. Decree no. 001 of 2019 dated January 28, 2019 concerning out by the Board of Directors based on the decision of the
Guidelines and Work Rules for the Remuneration and Board of Commissioners;
Nomination Committee of PT Bank Bukopin Tbk. 3. The Remuneration and Nomination Committee is chaired by
an Independent Commissioner;
REMUNERATION AND 4. The Chair of the Remuneration and Nomination Committee
NOMINATION COMMITTEE WORK as referred to in point 3 is prohibited from holding concurrent
GUIDELINES/CHARTER positions as chair of more than 1 (one) committee in other
committees;
To strengthen the implementation of its duties and responsibilities, 5. Members of the Board of Directors are prohibited from being
the Remuneration and Nomination Committee of KB Bank has been members of the Remuneration and Nomination Committee;
provided with Work Guidelines and Rules prepared based on the 6. In the event that the members of the Remuneration and
Decree of the Board of Commissioners No. 001 of 2019. These Nomination Committee are determined to be more than
guidelines regulate various aspects, including duties, authority, 3 (three) people, then the members of the Independent
structure, code of ethics, work schedules, meetings, reporting, Commissioner will be at least 2 (two) people;
as well as remuneration and work facilities. 7. Executive officials in charge of human resources or employee
representatives are officials who report directly to the Board
Each member of the Remuneration and Nomination Committee is of Directors or have influence on the company’s operational
obliged to comply with the provisions contained in these guidelines, policies;
as an effort to support the effective implementation of the duties and 8. Executive officials in charge of human resources or employee
responsibilities of the Board of Commissioners. This is in accordance representatives must have knowledge of the company’s
with the principles of Good Corporate Governance which are upheld remuneration and/or nomination system as well as the
by KB Bank. By having clear work guidelines and regulations, it is company’s succession plan.
hoped that the Remuneration and Nomination Committee can carry
out its role professionally and transparently, and make a positive
contribution to the company’s success.
PT Bank KB Bukopin Tbk Annual Report 2023 383
Page 384
Good Corporate Governance
TERM OF OFFICE PROVISION
The term of office of members of the Remuneration and Nomination Committee is determined in the appointment decree, in
accordance with POJK No. 34/ POJK.04/2014 concerning Nomination and Remuneration Committees for Issuers or Public
Companies Article 4 has also explained that the term of office of committee members is not longer than the term of office of
the Board of Commissioners
STRUCTURE, NUMBER, COMPOSITION AND BASIS FOR APPOINTMENT
OF THE REMUNERATION AND NOMINATION COMMITTEE
The composition and number of members of the Remuneration and Nomination Committee as of January 2023, which has been
ratified in Decree No. 0042 Year 2023 dated 30 March 2023 are as follows:
Position in the
Nama Position in Bukopin Expertise Period
Committe
Hae Wang Lee Chairman Independent Commissioner Law 2021-2024
Jerry Marmen Member President Commissioner Risk management, and GCG 2021-2024
Nam Hoon Cho Member Vice President Commissioner Banking, and Management 2021-2023
Tippy Joesoef Member Independent Commissioner Banking, GCG, Risk management 2021-2024
and Financial Audit
Nanang Supriyatno Member Commissioner Banking, GCG and Financial Audit 2021-2024
Sukriansyah S. Latief Member Independent Commissioner Management, and GCG 2021-2023
Gamaridha Akhirul AR Member Acting HC Division Banking, Management 2022-2025
REMUNERATION AND NOMINATION COMMITTEE PROFILE
The profiles of Hae Wang Lee, Jerry Marmen, Nam Hoon Cho, Tippy Joesoef, Nanang Supriyatno, and Sukriansyah S. Latief can be
seen in the Board of Commissioners Profile section in this Annual Report book. The profile of Gamaridha Akhirul AR is as follows.
Gamaridha Akhirul AR Age 43 year old
Member of the Remuneration and
Nomination Committee Nationality Indonesia
Domicile Bandung
Education Master of Management (S2) Parahyangan Catholic University
Bandung
Work Experience • Senior HR Consultant at SEVERAL COMPANY
• General Manager HR at PT SHINHAN BANK INDONESIA
• Head of the Remuneration Department at WOORI
SAUDARA BANK
• Accounting Officer at BANK BTPN
• Equipment Control Data at PT. ZHONGHAI INDO
SHIPPING
Concurrent Position HC Strategy, Policy, Development & Service Department
Head of the company
Legal Basis of Appointment Decree No. 0088 dated July 15, 2022
Qualification Banking and Management
TRAINING FOR REMUNERATION AND NOMINATION COMMITTEE MEMBERS
The education and/or training of the Remuneration and Nomination Committee can be seen in the Profile Chapter in this Annual
Report book.
INDEPENDENCE OF REMUNERATION AND NOMINATION COMMITTEE MEMBERS
All members of the Remuneration and Nomination Committee who are independent parties have no financial, management,
share ownership and/or family relationships with the Board of Commissioners, Directors and/or Controlling Shareholders or
relationships with banks, which could affect their ability to act independently.
384 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 385
Independence Hae Wang Jerry Nam Hoon Tippy Nanang Sukriansyah Gamaridha
Aspect Lee Marmen Cho Joesoef Supriyatno S. Latief Akhirul AR
Has no financial √ √ √ √ √ √ √
relationship with the
Board of Commissioners
and Directors
Has no management √ √ √ √ √ √ √
relationship in
the company, its
subsidiaries, or affiliated
companies
Does not have family √ √ √ √ √ √ √
relations with the Board
of Commissioners,
Directors, and/
or fellow members
of the Nomination,
Remuneration and GCG
Committee
Does not serve as a √ √ √ √ √ √ √
manager of political
parties, officials and
government
DUTIES AND RESPONSIBILITIES 2. Assist the Board of Commissioners in assessing the
performance of members of the Board of Directors and/
Related to the Remuneration Function or members of the Board of Commissioners based on
1. Evaluate the Remuneration policy based on performance, benchmarks that have been prepared as evaluation material;
risk, fairness with peer groups, targets and long-term 3. Provide recommendations to the Board of Commissioners
strategies of the Bank, as well as the fulfillment of reserves regarding capacity development programs for members
as regulated in statutory regulations and the Bank’s potential of the Board of Directors and/or members of the Board
income in the future. of Commissioners;
2. Submit evaluation results and recommendations to the 4. Prepare and provide recommendations regarding systems
Board of Commissioners regarding: and procedures for selecting and/or replacing members
a. Remuneration Policy for Directors and Board of of the Board of Directors and members of the Board of
Commissioners to be submitted to the General Meeting Commissioners to the Board of Commissioners;
of Shareholders; 5. Provide proposals for candidates who meet the requirements
b. The Remuneration Policy for employees as a whole is of the Financial Services Authority as members of the Board
to be submitted to the Board of Directors. of Directors and/or members of the Board of Commissioners
3. Ensure that the Remuneration policy is in accordance with to the Board of Commissioners to be submitted to the GMS;
applicable regulations. 6. Provide recommendations regarding Independent Parties
4. Conduct regular annual evaluations of the implementation who will become members of Committees under the
of Remuneration policies. coordination of the Board of Commissioners.
5. Provide recommendations to the Board of Commissioners
regarding: Authority of the Remuneration and Nomination
a. Remuneration Structure; Committee
b. Remuneration Policy; And The authority of the Remuneration and Nomination Committee
c. Amount of Remuneration. is:
6. Assist the Board of Commissioners in conducting performance 1. Obtain full, free and unlimited access to information about
assessments in accordance with the remuneration received employees, funds, assets and other Company resources
by each member of the Board of Directors and/or members related to the implementation of their duties;
of the Board of Commissioners. 2. Must collaborate with the Directorate in charge of Human
Resources and other units deemed necessary;
Related to the Nomination Function 3. Carry out duties carefully and well;
1. Provide recommendations to the Board of Commissioners 4. Prepare an annual activity plan approved by the Board of
regarding: Commissioners;
a. composition of positions of members of the Board 5. Prepare a year-long activity report which is submitted to
of Directors and/or members of the Board of the Board of Commissioners;
Commissioners; 6. Coordinate with the Audit Committee, Risk Monitoring
b. policies and criteria required in the Nomination process; Committee and other Committees in accordance with
And applicable statutory provisions, to avoid overlapping duties
c. performance evaluation policy for members of the between committees under the Board of Commissioners;
Board of Directors and/or members of the Board of
Commissioners.
PT Bank KB Bukopin Tbk Annual Report 2023 385
Page 386
Good Corporate Governance
7. Regarding fixed remuneration, the Remuneration and Nomination Committee prepares policies that at least take into account
business scale, business complexity, peer group, inflation rate, financial conditions and capabilities, and do not conflict with
applicable laws and regulations;
8. Regarding variable remuneration, apart from paying attention to point 7, the policies formulated must also encourage prudent
risk taking.
REMUNERATION AND NOMINATION COMMITTEE MEETING
Committee meetings are held periodically at least 1 (one) time in 4 (four) months, attended by the chairman and the majority of
the members. Decisions are taken by deliberation to reach consensus or based on majority vote according to a predetermined
mechanism. The results of the meeting must be included in the minutes to be kept and reported to the Board of Commissioners.
Throughout 2023, the Remuneration and Nomination Committee of KB Bank has held meetings as follows (composition of the
Remuneration and Nomination Committee in accordance with Decree No. 0042 Year 2023 dated 30 March 2023 date/month/
year) as follows:
Attendance
Date Agenda Hae Wang Jerry Nam Hoon Tippy Nanang Sukriansyah Gamaridha
Lee Marmen Cho Joesoef Supriyatno S. Latief Akhirul AR
January 3, • Interview CSO √ √ √ √ √ √ √
2023 Candidates
• Discussion
of Interview
Results
• Discussion
of Proposed
Remuneration
Policy for
Foreign Workers
February 2, Discussion of √ √ √ √ √ √ √
2023 Remuneration
Proposals for Korean
Directors
March 18, Discussion of 2022 √ √ √ √ √ √ √
2023 Management KPI
Results
April 13, 2023 Determination √ √ √ √ √ √ √
of variable
remuneration for
directors based on
2022 performance
results
August 16, • Non- √ √ √ √ √ √ √
2023 Commissioner
KTKT Candidate
Interview (Br.
Dinan S & Br.
Siswahyudi)
• Discussion
of Interview
Results
september 9, Discussion of √ √ √ √ √ √ √
2023 Changes in
Remuneration Policy
for Foreign Workers
october 6, • Discussion on √ √ √ √ √ √ √
2023 Reporting KPI
BOD Results
Semester 1
2023 (PIC:
Finance Group)
• Discussion
on employee
salary scale
updates (PIC:
HC Division)
386 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 387
Attendance
Date Agenda Hae Wang Jerry Nam Hoon Tippy Nanang Sukriansyah Gamaridha
Lee Marmen Cho Joesoef Supriyatno S. Latief Akhirul AR
December 27, Interview and √ √ √ √ √ √ √
2023 Discussion of
Remuneration
& Nomination
Committee
Recommendations
for Candidates for
Finance Director of
KB Bank
Total Meeting 8 8 8 8 8 8 8
Attendance Rate 8 8 8 8 8 8 8
Jumlah
Average 100% 100% 100% 100% 100% 100% 100%
Attendance
X = Absent / V = Present
Throughout 2023, the Remuneration and Nomination Committee of KB Bank has held meetings as follows (composition of the
Remuneration and Nomination Committee according to Decree No. 0042 Year 2023 dated 30 March 2023:
Attendance
Date Agenda Hae Wang Jerry Nam Hoon Tippy Nanang Sukriansyah Gamaridha
Lee Marmen Cho Joesoef Supriyatno S. Latief Akhirul AR
January 3, • Interview CSO √ √ √ √ √ √ √
2023 Candidates
• Discussion of
Interview Results
• Discussion
of Proposed
Remuneration
Policy for Foreign
Workers
February 2, Discussion of √ √ √ √ √ √ √
2023 Remuneration
Proposals for Korean
Directors
March 16, Discussion of 2022 √ √ √ √ √ √ √
2023 Management KPI
Results
April 13, 2023 Determination √ √ √ √ √ √ √
of Variable
Remuneration for
Directors Based on
2022 Performance
Results
August 16, • Non- √ √ √ √ √ √ √
2023 Commissioner
KTKT Candidate
Interview (Mr.
Dinan S & Mr.
Siswahyudi)
• Discussion of
Interview Results
September 21, Discussion of √ √ √ √ √ √ √
2023 Changes in
Remuneration Policy
for Foreign Workers
October 6, • Interview and √ √ √ √ √ √ √
2023 Discussion of
Remuneration
& Nomination
Committee
• Recommendations
for Candidates
for Finance
Director of KB
Bank
PT Bank KB Bukopin Tbk Annual Report 2023 387
Page 388
Good Corporate Governance
Attendance
Date Agenda Hae Wang Jerry Nam Hoon Tippy Nanang Sukriansyah Gamaridha
Lee Marmen Cho Joesoef Supriyatno S. Latief Akhirul AR
December 27, Interview and √ √ √ √ √ √ √
2023 Discussion of
Remuneration
& nomination
Committee
Recommendation
on KB Bank Finance
Director Candidate
Number of 8 8 8 8 8 8 8
Meetings
Total Attendance Rate 8 8 8 8 8 8 8
Average 100% 100% 100% 100% 100% 100% 100%
Attendance
IMPLEMENTATION OF THE DUTIES OF THE REMUNERATION
AND NOMINATION COMMITTEE
In 2023, the Remuneration and Nomination Committee has carried out its duties by providing recommendations for prospective
members of the Board of Commissioners and Directors to the Board of Commissioners to be submitted to the GMS. This
recommendation is based on the policies, criteria and qualifications that have been determined by the Committee in accordance
with the Company’s strategic plan. This process involves formulating policies, analyzing prospective candidate data, and
identifying candidates who meet the requirements.
Apart from that, the Remuneration and Nomination Committee also assists the Board of Commissioners in determining an
appropriate remuneration system for the Board of Directors and Board of Commissioners for 2023. The remuneration system
includes salary, allowances, bonuses, and others. This step aims to ensure that the remuneration provided is in accordance with
the contribution and performance of members of the Board of Directors and Board of Commissioners, as well as supporting the
effective achievement of the bank’s goals.
388 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 389
RISK MONITORING
COMMITTEE
The Risk Monitoring Committee was formed to support the RISK MONITORING COMMITTEE WORK
implementation of the Board of Commissioners’ functions in
supervising the effectiveness of the risk management process The Bank has Risk Monitoring Committee Work Guidelines
including the process of identifying, measuring, monitoring and which are continuously refined and updated in accordance
controlling risks at the Bank. Until now, the Risk Monitoring with developments/changes in applicable legal regulations
Committee coordinates with the Risk Management Committee and current conditions.
and the Risk Management Work Unit.
The last update/refinement to the Guidelines and Work Rules
LEGAL BASIS of the KB Bank Risk Monitoring Committee was carried out in
2019 with the issuance of Board of Commissioners Decree No.
The Risk Monitoring Committee is one of the committees 005 of 2019 concerning Guidelines and Work Rules for the Risk
established by the Board of Commissioners in order to support Monitoring Committee dated March 28, 2019.
the effective implementation of its duties and responsibilities,
in accordance with: The Guidelines regulate:
1. Financial Services Authority Regulation no. 18/POJK.03/2016 1. Duties and Responsibilities;
dated March 16, 2016 concerning the Implementation of 2. Authority;
Risk Management for Commercial Banks; 3. Membership Structure;
2. Financial Services Authority Regulation no. 17 of 2023 4. Membership Structure;
concerning Implementation of Governance for Commercial 5. Working Time;
Banks; 6. Meetings;
3. Financial Services Authority Circular (SEOJK) No. 13/ 7. Reporting;
SEOJK.03/2017 dated March 17, 2017 concerning the 8. Concurrent Position as Chairman of the Committee;
Implementation of Governance for Commercial Banks. 9. Remuneration and Work Facilities;
10. Performance Appraisal.
DIRECTORS’ SUCCESSION POLICY
CRITERIA FOR RISK MONITORING
KB Bank has implemented a sustainable employee development COMMITTEE MEMBERS
program to prepare for future leadership regeneration. This
program targets potential employees who are included in the In accordance with Financial Services Authority regulations, the
Talent Pool, giving them the opportunity to take part in training requirements for becoming a member of the Risk Monitoring
or activities related to management, business strategy, strategic Committee must be from an independent party with the aim of
planning, business risk and potential analysis, operational being objective in carrying out the duties and responsibilities
and financial performance analysis, as well as other similar they carry out.
programs.
The Risk Monitoring Committee guidelines also state the
With this program, the Bank has internal reserves who can membership code of ethics, including:
be considered as candidates for members of the Board of 1. Carry out duties and responsibilities independently;
Directors if needed, in accordance with recommendations from 2. Be professional, honest and objective in every decision
the Remuneration and Nomination Committee. The nomination making by paying attention to the precautionary principle;
process is carried out transparently and in accordance with 3. Be professional, honest and objective in every decision
the conditions and needs of the Bank, as well as based on making by paying attention to the precautionary principle;
applicable laws and regulations. 4. Uphold and maintain the image (vision and mission of the
company), honor and dignity of the company as well as
Apart from internal candidates, the Bank can also consider personal honor and dignity;
external candidates who meet the requirements, such as 5. Be prudent in using and safeguarding the information
those obtained through references from Shareholders or Bank obtained;
Management, or through collaboration with other third parties. 6. Committee members are required to have good integrity,
This is regulated in the Board of Commissioners Decree No. 002 character and morals;
of 2019 concerning Nomination Guidelines, thus enabling the
Bank to have various options in selecting the best prospective
members of the Board of Directors.
PT Bank KB Bukopin Tbk Annual Report 2023 389
Page 390
Good Corporate Governance
7. Do not use information for personal or other interests unless there is a legal obligation or professional obligation;
8. Maintain and keep the confidentiality of all Company documents, data and information in its possession.
STRUCTURE, NUMBER, COMPOSITION AND BASIS FOR
APPOINTMENT OF THE RISK MONITORING COMMITTEE
The composition and number of members of the Risk Monitoring Committee as of December 31, 2023, which has been ratified
in Decree No. 0041 Year 2023 dated 30 March 2023. is as follows:
Position in
Name Position in Bukopin Expertise Period
Committee
Tippy Joesoef Chairman Independent Commissioner Banking, GCG, 2022-2024
Risk management
and Financial Audit
Jerry Marmen Member President Commissioner Risk management 2022-2023
and GCG
Nanang Supriyatno Member Commissioner Banking, GCG and 2023-2024
Financial Audit
Stephen Liestyo Member Independent Commissioner Banking, GCG and 2022-2023
Financial Audit
Togar Natigor Siregar Member Independent Party Accounting and 2022-2025
Risk management
Rahardja Alimhamzah Member Independent Party Banking, GCG, and 2022-2025
Risk management
RISK MONITORING COMMITTEE PROFILE
The profiles of Tippy Joesoef, Jerry Marmen, Nanang Supriyatno, and Stephen Liestyo can be seen in the Board of Commissioners
Profile section in this Annual Report book. Meanwhile, the profiles of Togar Natigor Siregar and Rahardja Alimhamzah are as follows.
Togar Natigor Siregar Age 59 Years Old
Anggota Komite Remunerasi dan Nominasi
Nationality Indonesia
Domicile Jakarta
Education • Bachelor of Laws, University of North Sumatra
(USU) Medan (1988)
• Master of Business Law, University of Indonesia
(2008)
Work Experience • Head of the Credit Legal Administration
Department of the Indonesian Export Financing
Institution (LPEI) Bank Exim Indonesia
(2020-Present)
• Head of Credit Control Unit, PT. Bank DBS
Indonesia (June 4, 2010 – August 31, 2019)
• Head of Bank Barclays Indonesia Risk Control
Unit (July 16, 2009- May 31, 2010)
• Head of Administration & Credit Control Division
of Bank Internasional Indonesia (BII) (Oct 29,
2007- July 15, 2009)
• Head of Risk & Credit Control - Standard
Chartered Bank (Dec 2005 – Oct 23, 2007)
Concurrent Position • Head of Credit Legal Administration for Financing
Institutions
• Indonesian Export (LPEI) Bank Exim Indonesia.
(2020-Present)
Legal Basis of Appointment Board of Directors Decree No. 0003 of 2022 Dated
January 20, 2022
Qualification Accounting and Risk Management
390 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 391
Rahardja Alimhamzah Age 57 years old
Member of the Remuneration and
Nomination Committee Nationality Indonesia
Domicile Jakarta
Education • Bachelor of Mechanical & Industrial Engineering at the
University of New South Wales, Sydney-Australia (1986-1989)
• Masters in Financial Management & Accounting at the
University of Indonesia (1992-1994)
Work Experience • Bachelor of Mechanical & Industrial Engineering at the
University of New South Wales, Sydney-Australia (1986-1989)
• Masters in Financial Management & Accounting at the
University of Indonesia (1992-1994)
• Independent Commissioner and Chair of the Audit Committee
and Chair of Risk Management PT Radana Bhaskara Finance
Tbk (2021-Present)
• Technical Advisor to PT ABI Komoditi Berjangka
(2020-Present);
• Independent Commissioner and Chair of the Audit Committee
of PT Sompo Insurance Indonesia (2020-Present).
• President Commissioner of PT CIMB Niaga Sekuritas (March
2018 - August 2020)
• Non-Retail Business Director PT Bank Cimb Niaga (March
2016 – April 2020)
• Corporate Banking Director PT Bank DBS Indonesia (May
2014- August 2014)
• Corporate Banking Director PT Bank DBS Indonesia (April
2009- April 2014)
• Corporate Banking Director PT Bank Rabobank International
(April 2003 -April 2009)
Concurrent Position • Independent Commissioner and Chair of the Audit Committee
and Chair of Risk Management PT Radana Bhaskara Finance
Tbk (2021-Present);
• Technical Advisor to PT ABI Komoditi Berjangka
(2020-Present);
• Independent Commissioner and Chair of the Audit Committee
of PT Sompo Insurance Indonesia (2020-Present).
Legal Basis of Appointment Board of Directors Decree No. 0003 Year 2022 Dated
January 20, 2022
Qualification Banking, GCG and Risk Management
TRAINING FOR RISK MONITORING COMMITTEE MEMBERS
The education and/or training of the Risk Monitoring Committee can be seen in the Profile Chapter in this Annual Report book.
INDEPENDENCE OF RISK MONITORING COMMITTEE MEMBERS
All members of the Risk Monitoring Committee who are independent parties have no financial, management, share ownership
and/or family relationships with the Board of Commissioners, Directors and/or Controlling Shareholders or relationships with
banks, which could affect their ability to act independently.
Tippy Jerry Nanang Stephen Togar Natigor Rahardja
Independence Aspect
Joesoef Marmen Supriyatno Liestyo Siregar Alimhamzah
Has no financial relationship with the √ √ √ √ √ √
Board of Commissioners and Board of
Directors
Has no management relationship in √ √ √ √ √ √
the company, its subsidiaries, or
affiliated companies
Has no management relationship in √ √ √ √ √ √
the company, its subsidiaries, or
affiliated companies
Does not have family relations with the √ √ √ √ √ √
Board of Commissioners, Directors, and/
or fellow members of the Nomination,
Remuneration and GCG Committee
Does not serve as a manager of political √ √ √ √ √ √
parties, officials and government
PT Bank KB Bukopin Tbk Annual Report 2023 391
Page 392
Good Corporate Governance
DUTIES AND RESPONSIBILITIES 5. Evaluate the implementation of the Company’s risk
management policies at least once every 3 months with
The Risk Monitoring Committee has the main responsibility the Board of Commissioners;
in supporting the Board of Commissioners in carrying out an 6. Evaluate the Governance Implementation Self Assessment
effective supervisory function over the Board of Directors Report;
in managing the company. They act in accordance with the 7. Create, review and update the Risk Monitoring Committee
principles of Good Corporate Governance, especially those Work Guidelines and Rules of Conduct periodically;
relating to risk management. 8. Carry out other tasks assigned by the Board of
Commissioners to the Risk Monitoring Committee in
The main duty of this committee is to provide professional accordance with its duties and functions from time to time
opinions on reports or problems submitted by the Board of as needed.
Directors to the Board of Commissioners. The Risk Monitoring
Committee carries out a comprehensive evaluation of the AUTHORITY OF THE RISK
policies, procedures and risk management practices MONITORING COMMITTEE
implemented by the Board of Directors.
In accordance with the Work Guidelines and Rules that have
Apart from that, the Risk Monitoring Committee is also tasked been established in carrying out its duties and responsibilities,
with identifying matters that require special attention from the the Risk Monitoring Committee has the authority to:
Board of Commissioners, especially those related to the risks 1. In accordance with the Work Guidelines and Rules that
faced by the company. Thus, the Risk Monitoring Committee have been established in carrying out its duties and
plays an important role in ensuring that risk management in the responsibilities, the Risk Monitoring Committee has the
company runs in accordance with established standards and authority to:
can identify and handle risks that may affect the company’s a. Company parties (including Company employees);
performance and business continuity effectively. b. Other interested parties.
2. Obtain input and/or suggestions from parties outside the
In addition to these duties and responsibilities, the Risk Company related to their duties.
Monitoring Committee is required to:
1. Create a work program or annual plan for the Risk Monitoring RISK MONITORING
Committee and send it to the Board of Commissioners for COMMITTEE MEETING
approval;
2. Evaluate the suitability of risk management policies with Holding meetings at least 4 (four) times a year in accordance
the implementation of Company policies; with the regulations in the 2019 Bank Bukopin Risk Monitoring
3. Monitor and evaluate the implementation of the duties of Committee Guidelines. Details of the Risk Monitoring Committee
the risk management committee and risk management meetings in 2023 (composition of the Risk Monitoring
work unit; Committee in accordance with Decree No. 0041 Year 2023
4. Evaluate the Company’s risk management policies at least March 30, 2023 is as follows:
once a year together with the Board of Commissioners;
Attendance
Date Agenda Togar
Tippy Jerry Nanang Stephen Rahardja
Natigor
Joesoef Marmen Supriyatno Liestyo Alimhamzah
Siregar
January 6, 2023 • Update the Human √ √ √ √ √ √
Capital Development
Matrix and Performance
Assessment
• Update on
developments in
updating customer data
and KYC (Know Your
Customer)
• Discussion of the Risk
Profile Assessment
Report for November
2022.
• Discussion of Policy
Development and
readiness of BCM
(Business Continuity
Management), BCP
(Business Continuity
Plan) and DRP (Disaster
Recovery Planning)
392 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 393
Attendance
Date Agenda Togar
Tippy Jerry Nanang Stephen Rahardja
Natigor
Joesoef Marmen Supriyatno Liestyo Alimhamzah
Siregar
January 27, 2023 Discussion of Risk Profile √ √ √ √ √ √
Assessment of PT. Bank
KB Bukopin Tbk Quarter IV
2022.
February 24, 2023 • Discussion of the √ √ √ √ √ √
KB Bank Risk Profile
Assessment Report
January 2023;
• Discussion of Quarterly
Stress Test.
April 6, 2023 Discussion of Bank KB Bank √ √ √ √ √ √
Risk Profile Assessment
Report February 2023
April 28, 2023 Discussion of the Risk Profile √ √ √ √ √ √
Assessment Report for the
First Quarter of 2023
May 26, 2023 • Discussion of the √ √ √ √ √ √
April 2023 Risk Profile
Assessment Report
• Discussion of Bottom-
up Stress Test: Market,
Solvency & Sensitivity
• Discussion of the
Covid-19 Stress Test Q1
2023
July 6, 2023 Discussion of Risk Profile √ √ √ √ √ √
Assessment Report May
2023
July 28, 2023 Discussion of KB Bank Risk √ √ √ √ √ √
Profile Assessment Report
Q2-2023
September 1, 2023 • Discussion of Credit, √ √ √ √ √ √
Market and Liquidity
Stress Tests;
• Discussion of New
Market RWA Basel III;
• Discussion of the July
2023 Monthly Risk
Report.
September 29, 2023 • Discussion of the √ √ √ √ √ √
progress of OJK’s Follow
Up Findings;
• Discussion of the
KB Bank Risk Profile
Assessment Report
August 2023.
October 27, 2023 • Discussion of the √ √ √ √ √ √
progress of OJK’s Follow
Up Findings;
• Discussion of the
KB Bank Risk Profile
Assessment Report for
the Third Quarter of
2023.
November 24, 2023 • Discussion of the √ √ √ √ √ √
progress of OJK’s Follow
Up Findings;
• Discussion of the
KB Bank Risk Profile
Assessment Report
October 2023.
Total Number of Meetings 12 12 12 12 12 12
Attendance Rate 12 12 12 12 12 12
Average Attendance 100%. 100%. 100%. 100%. 100%. 100%.
x = absent / √ = present
PT Bank KB Bukopin Tbk Annual Report 2023 393
Page 394
Good Corporate Governance
IMPLEMENTATION OF THE DUTIES OF THE RISK MONITORING COMMITTEE
The Risk Monitoring Committee has a central role in helping the Board of Commissioners fulfill its duties and responsibilities in
evaluating and ensuring that the implementation of the Company’s risk management is in accordance with established standards.
The Risk Monitoring Committee is responsible for ensuring that risk management procedures and methodologies are adequate,
so that the Company’s activities remain under control and within acceptable risk limits.
In carrying out this function, the Risk Monitoring Committee carries out a comprehensive evaluation of the Company’s risk
management system. The Risk Monitoring Committee ensures that the methods used to identify, measure, manage and monitor
the risks faced by the Company are in accordance with best practices and meet established standards.
Additionally, the Committee also plays a role in supervising the implementation and effectiveness of risk control measures taken
by the Board of Directors. This aims to ensure that the Company has adequate policies and procedures to manage risks, so
that the risks faced can be managed effectively and remain within the risk limits acceptable to the Company. Thus, the role of
the Risk Monitoring Committee is key in maintaining the stability and continuity of the Company’s operations in facing complex
and diverse risk challenges.
For the above purposes, during 2023, the Risk Monitoring Committee has carried out activities to implement the 2023 Work
Program, including:
1. Risk Monitoring by reviewing and evaluating various risk reports from the Risk Management Division which is carried out
on a monthly basis;
2. Monitoring Meetings for Risk Profile Reports received from the Risk Management Division are held quarterly;
3. Participate in Seminar/Workshop or Training/Education activities held for each member of the Risk Monitoring Committee.
Policy and Amount of Remuneration for the Risk Monitoring Committee
No Description Retrieved
1 Salary/Honorarium Given in accordance with the provisions of the Board of Commissioners' Decree No.
SKEP/0005-DKOM/05/2018
2 Religious Holiday allowance 1 (one) times Wage
3 Education Aid 1 (one) times the basic salary/basic honorarium
4 Utilities Allowance Given in accordance with the provisions of the Board of Commissioners' Decree No.
SKEP/0005-DKOM/05/2018
5 Business Travel Facilities Given in accordance with the provisions of the Board of Commissioners' Decree No.
SKEP/0005-DKOM/05/2018
6 Health care benefits Given in accordance with the provisions of the Board of Commissioners' Decree No.
SKEP/0005-DKOM/05/2018
7 Bonus/Tantiem Given in accordance with the provisions of the Board of Commissioners' Decree No.
SKEP/0005-DKOM/05/2018 while still paying attention to the fairness and capabilities of the
Company
394 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 395
COMMITTEE FOR INTEGRATED
GOVERNANCE, FINANCIAL
CONGLOMERATION
The Integrated Governance Committee, Financial
Conglomeration was formed with the main aim of supporting the This document details the duties, responsibilities and
Board of Commissioners in evaluating the implementation of the authorities of the Integrated Governance Committee, Financial
Integrated Governance Committee, Financial Conglomeration. Conglomerate, and establishes a framework for evaluating the
One of the main focuses is assessing the adequacy of internal implementation of Integrated Governance within the financial
control and the implementation of compliance functions in an conglomerate. This guideline also contains procedures for
integrated manner at all levels of the company. identifying, measuring and managing risks related to Integrated
Governance.
This committee is assigned to do comprehensive evaluation
of the Company’s compliance with applicable standards and Apart from that, the Work Guidelines and Rules also discuss
regulations, as well as ensuring that the internal control process procedures for reporting, discussing and following up on
has been carried out effectively. In addition, this Committee findings or recommendations resulting from the evaluation of
is also responsible for ensuring that the compliance function Integrated Governance. Thus, this documentation becomes
is integrated efficiently in all company activities. an important guide for the Integrated Governance Committee
in carrying out its duties effectively in accordance with the
With this approach, the Integrated Governance Committee, standards set by the competent authority.
Financial Conglomeration plays an important role in maintaining The Financial Conglomeration’s Integrated Governance
company compliance with applicable rules and standards, as Committee Work Guidelines include the following matters:
well as ensuring that the internal control system operates in
accordance with the principles of Integrated Governance. 1. Committee Membership;
This helps minimize compliance-related risks and improves 2. Term of Office of the Committee;
efficiency in running overall company operations. 3. Authority and Responsibilities of the Committee;
4. Committee Meetings;
LEGAL BASIS 5. Reporting;
6. Self-Assessment.
1. Financial Services Authority Regulation no. 18/POJK.03/2014
dated November 18, 2014 concerning the Implementation CRITERIA FOR COMMITTEE MEMBERS
of Integrated Governance for Financial Conglomerates;
2. Financial Services Authority Regulation no. 21/POJK.04/2015 The Integrated Governance Committee’s work guidelines and
dated November 16, 2015 concerning Implementation of regulations also state the membership requirements, including:
Public Company Governance Guidelines; 1. The committee consists of at least:
3. Financial Services Authority Regulation no. 17 of 2023 a. Independent Commissioner who is Chair of one of the
concerning Implementation of Governance for Commercial committees of the Main Entity;
Banks; b. Independent Commissioners who represent and are
4. Financial Services Authority Circular No. 15/ SEOJK.03/2015 appointed by the LJK in the Financial Conglomerate
dated May 20, 2015 concerning the Implementation of whose number is adjusted to the needs;
Integrated Governance for Financial Conglomerates; c. Independent Party from Main Entity Committee
5. Decree of the Board of Commissioners of PT Bank Bukopin Members and Sharia Supervisory Board Members.
Tbk No. SKEP/016-KOM/VIII/2019 dated August 13, 2019 2. The Committee is chaired by an Independent Commissioner
concerning Completion of the Formation of the Integrated who is Chair of one of the Main Entity committees.
Governance Committee of the PT Bank Bukopin Tbk 3. Determination of Committee Members from each LJK in the
Financial Conglomerate. Financial Conglomeration is regulated in a separate decree
made and stipulated by each LJK Financial Conglomeration.
WORK GUIDELINES/CHARTER 4. Committee members are required to have good integrity,
FOR THE INTEGRATED morals and character and have the ability, knowledge,
GOVERNANCE, FINANCIAL experience in accordance with their field and be able to
CONGLOMERATION COMMITTEE communicate well.
The Integrated Governance Committee, Financial 5. Committee members are willing to continuously improve
Conglomeration has adopted Work Guidelines and Rules their competence through education and/or training.
prepared specifically for Financial Conglomerates, in line
with the provisions in Financial Services Authority Regulation
No. 18/POJK.03/2014. This guideline regulates the steps and
procedures that must be followed by the committee in carrying
out the Integrated Governance function.
PT Bank KB Bukopin Tbk Annual Report 2023 395
Page 396
Good Corporate Governance
TERM OF OFFICE PROVISIONS
The term of office of Committee members may not be longer than the term of office of the Board of Commissioners as regulated
in the Articles of Association of each Entity and may be re-elected.
MEMBERSHIP STRUCTURE AND EXPERTISE
The composition and number of members of the Integrated Governance Committee, Financial Conglomerate as of December
31, 2023, which has been ratified in Directors’ Decree No. 0043 Year 2023 are as follows:
Name Position in the Committee Position in KB Bank Expertise
Sukriansyah S. Latief Chairman Independent Commissioner Management
Eugene K. Galbraith Member Independent Commissioner Banking, GCG and Financial Audit
Hae Wang Lee Member Independent Commissioner Law
INDEPENDENCE OF INTEGRATED GOVERNANCE, FINANCIAL
CONGLOMERATION COMMITTEE MEMBERS
All members of the Integrated Governance Committee, Financial Conglomeration who come from independent parties do not
have financial, management, share ownership and/or family relationships with the Board of Commissioners, Directors and/or
Controlling Shareholders or relationships with banks, which could affect their ability to act independently.
Independence Aspect Sukriansyah S. Latief Eugene K. Galbraith Hae Wang Lee
Has no financial relationship with the Board of √ √ √
Commissioners and Board of Directors
Has no management relationship in the company, its √ √ √
subsidiaries, or affiliated companies
Has no management relationship in the company, its √ √ √
subsidiaries, or affiliated companies
Does not have family relations with the Board of √ √ √
Commissioners, Directors, and/ or fellow members of the
Nomination, Remuneration and GCG Committee
Does not serve as a manager of political parties, officials √ √ √
and government
PROFILE OF INTEGRATED
GOVERNANCE COMMITTEE MEMBERS, 3. Provide recommendations to the Board of Commissioners of
FINANCIAL CONGLOMERATION PT Bank KB Bukopin Tbk as the Main Entity in the Financial
Conglomeration to improve the Integrated Governance
Profile of Sukriansyah S. Latief, Tippy Joesoef, Eugene K. Guidelines.
Galbraith, dan Hae Wang Lee, is available in the Board of
Commissioners Profile section in this Annual Report book. AUTHORITY OF THE INTEGRATED
GOVERNANCE COMMITTEE,
DUTIES AND RESPONSIBILITIES OF THE FINANCIAL CONGLOMERATION
INTEGRATED GOVERNANCE, FINANCIAL
CONGLOMERATE COMMITTEE The Integrated Governance Committee, Financial
Conglomeration has the following authorities:
The Integrated Governance Committee, Financial Conglomerate 1. Integrated Governance Committee can request explanations
has the following duties and responsibilities: or necessary information regarding employees, funds,
1. Evaluate the implementation of Integrated Governance at assets and other resources related to the implementation
least through assessing the adequacy of internal control and of its duties to Financial Services Institutions in the financial
implementation of the compliance function in an integrated conglomeration of PT Bank KB Bukopin Tbk, while still
manner; paying attention to applicable regulations. The Committee
2. In conducting the evaluation, the Integrated Governance is obliged to report in writing the results of the assignment
Committee, Financial Conglomeration obtains information in to the Board of Commissioners of the Main Entity;
the form of evaluation results regarding the implementation 2. Members of the Integrated Governance Committee have
of internal audits and compliance functions of each the authority to communicate directly with parties related
Financial Services Institution from members of the Board to the tasks of the Integrated Governance Committee;
of Commissioners of each Financial Services Institution who
are members of the Integrated Governance Committee,
Financial Conglomeration;
396 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 397
3. To carry out its duties, the Integrated Governance Committee can collaborate or coordinate with other Committees under
the Board of Commissioners of the Main Entity, as well as relevant divisions/units/work units in the Main Entity or other
Financial Services Institutions in the Financial Conglomeration of PT Bank KB Bukopin Tbk
INTEGRATED GOVERNANCE, FINANCIAL CONGLOMERATE COMMITTEE MEETING
Details of holding meetings of the Integrated Governance Committee, Financial Conglomeration in 2023 in accordance with the
Decree of the Board of Directors No. Sukriansyah S. Latief, Tippy Joesoef, Eugene K. Galbraith, and Hae Wang Lee are as follows:
Attendance
Date Agenda
Sukriansyah S.
Eugene K. Galbraith Hae Wang Lee
Latief
September 22, 1. Discussion of GRC Implementation and Financial √ √ √
2022 Group Report for Quarter III 2023
2. Discussion of PT Bank KB Bukopin Tbk Financial
Group Strategic Issues in 2024
X = absent / V = present
IMPLEMENTATION OF THE DUTIES OF THE INTEGRATED
GOVERNANCE, FINANCIAL CONGLOMERATE COMMITTEE
With the number of members in accordance with needs and fulfilling the requirements specified in the Legislative Regulations
and acting independently, in 2023 the Integrated Governance Committee, Financial Conglomerate has carried out the following
Duties and Responsibilities:
1. Evaluate the implementation of Integrated Governance by assessing the implementation of the Compliance Function at each
Financial Services Institution (LJK) in the Financial Conglomeration and ensuring the adequacy of internal control carried
out by the Integrated Internal Audit Work Unit;
2. Provide recommendations to the Board of Commissioners of the Main Entity for improvements to the Integrated Governance
Guidelines;
3. Coordinate with the Financial Conglomeration organs, namely the Integrated Compliance Work Unit (SKKT), Integrated
Internal Audit Work Unit (SKAIT) and Integrated Risk Management Work Unit.
PERFORMANCE ASSESSMENT OF BOARD OF COMMISSIONERS COMMITTEES
Results of Committee Performance Assessment at the Board of Commissioners Level in 2023
The Board of Commissioners has supporting committees which have duties and responsibilities to support the performance of
the Board of Commissioners. These committees have clear work guidelines, so that the implementation of their duties can be
directed and effective. The committees under the Board of Commissioners are the Audit Committee, Risk Monitoring Committee,
Remuneration and Nomination Committee, and Integrated Governance Committee, Financial Conglomerate.
The Board of Commissioners assesses that these committees have carried out their functions, duties and responsibilities well
as can be seen from:
1. Achievement of all Committee Work Plans/Programs determined at the beginning of 2023;
2. Implementation of Committee Meetings and the level of attendance of Committee members.
Implementation of the programs and work plans of the committees is carried out through meetings involving the relevant
Directorates as well as in-depth evaluations outside of meetings, the results of which are submitted in writing to the Board of
Commissioners.
The Audit Committee provides professional opinions on financial reports and information, reviews compliance with regulations,
and evaluates the performance of external auditors.
The Nomination and Remuneration Committee is responsible for the nomination and remuneration policies for members of the
Board of Directors and Board of Commissioners in accordance with applicable regulations.
The Risk Monitoring Committee monitors the Company’s improvement process related to risk management, while the Integrated
Corporate Governance Committee evaluates the implementation of Integrated Governance.
The Board of Commissioners periodically evaluates the performance of these committees. In 2023, each committee is seen to
have carried out its duties well based on the frequency of meetings, attendance and reports on the implementation of activities.
PT Bank KB Bukopin Tbk Annual Report 2023 397
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Good Corporate Governance
COMMITTEES
UNDER THE BOARD OF DIRECTORS
KB Bank has 6 (six) Committees under the Board of Directors other parties relevant to the meeting topic. Committee meetings
which were formed to support the implementation of the Board may be held with the presence of the Committee Chairman
of Directors’ duties and responsibilities in accordance with the or Acting Chairman, and a minimum of 51% of permanent
Financial Services Authority Regulations, namely: members to reach a quorum. Meetings can be held face to
1. Risk Management Committee; face or via online platforms. This ensures continued effective
2. Credit Committee; communication and appropriate decision making regarding
3. Assets and Liabilities Committee (ALCO); bank risk management.
4. Information Technology Systems Steering Committee;
5. Credit Restructuring Committee. STRUCTURE AND MEMBERSHIP
6. Non-performing Loan Settlement Committee
Composition of the Risk Management Committee
RISK MANAGEMENT COMMITTEE Chairman (count as a member President Director
as well)
The Risk Management Committee at PT Bank KB Bukopin Tbk
Acting Chairman (count as a Director of Compliance & Risk
is responsible for implementing risk management by involving member as well) Management
evaluation, approval, assessment and providing recommendations
Secretary Enterprise Risk Management
related to Credit, Operational, Market, Liquidity, Compliance, Department Head
Strategic, Legal and Reputation risks. The duties of this committee
Full Member Directors
include monitoring and adjusting risk management policies and
practices, in accordance with applicable regulations in the Invitee Division Head, Department Head,
Regional Head and/or other
implementation of Risk Management for Commercial Banks parties who are related to the
and Governance for Commercial Banks. This committee has an subject matter of the meeting
important role in ensuring the bank can manage risk effectively
and in accordance with the principles of good governance.
DUTIES, AUTHORITIES AND
RISK MANAGEMENT RESPONSIBILITIES
COMMITTEE GUIDELINES
The Company’s Risk Management Committee was approved The duties, authorities and responsibilities of the Risk
through Directors’ Decree No. 0156 of 2022 dated December Management Committee include the following:
30, 2022 concerning the Risk Management Committee Charter. 1. Recommend and/or approve the preparation of risk
In addition, the formation of the Risk Management Committee management frameworks, policies and procedures as well
is guided by: as changes thereto, including risk management strategies,
1. POJK No. 18/POJK.03/2016 dated March 16, 2016 determining limits along with determining the level of risk
concerning the Implementation of Risk Management for taken and risk tolerance, as well as contingency plans to
Commercial Banks; anticipate the occurrence of abnormal conditions.
2. SEOJK No. 34/SEOJK.03/2016 dated September 1, 2016 2. Improvement of the risk management process periodically
concerning Implementation of Risk Management for or incidentally as a result of changes in the Bank’s external
Commercial Banks; and internal conditions which affect the Bank’s capital
3. POJK No. No. 17 of 2023 concerning Implementation of adequacy, risk profile, and ineffective implementation of
Governance for Commercial Banks; risk management based on evaluation results.
4. SEOJK No. 13/SEOJK.03/2017 dated March 17, 2017 3. Determination of policies and/or business decisions that
concerning Implementation of Governance for Commercial deviate from normal procedures, such as exceeding
Banks; significant business expansion compared to the Bank’s
5. PT Bank KB Bukopin Tbk Risk Management Policy; previously determined business plan or taking risk positions/
6. Decree No. 0110 of 2022 dated September 30, 2022 exposures that exceed predetermined limits.
concerning Refinement of the Organizational Structure of 4. Conduct regular discussions or reports on the Bank’s risk
PT Bank KB Bukopin Tbk; profile before the risk profile report is submitted to the
7. Articles of Association of PT Bank KB Bukopin Tbk. Regulator.
5. Develop a risk awareness culture and foster commitment
RISK MANAGEMENT COMMITTEE to managing risk bankwide.
MEMBERSHIP STRUCTURE 6. Conduct discussions regarding risk appetite, as well as
The Risk Management Committee at PT Bank KB Bukopin monitor and manage the Bank’s risks so that they are within
Tbk consists of permanent and invited members, including predetermined risk limits.
Division Heads, Department Heads, Regional Heads, and/or
398 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 399
7. Conduct a study of the Stress Test including scenarios, 11. Implementation of risk management processes and
assumptions, methodology, results and risk mitigation improvements in line with external and internal changes
follow-up to be carried out, as well as contingency plans that can affect the capital adequacy ratio by assessing and
if necessary. evaluating the Bank’s internal capital adequacy, to ensure
8. Ensure good corporate governance in the implementation the Bank has sufficient capital based on its risk profile.
of risk management, with an appropriate framework for 12. Monitor and evaluate the performance of the Risk
timely identification, measurement and escalation of risks, Management Division.
and approval of exposure to related parties as well as policy
deviations and/or business decisions. Implementation of Duties and Frequency of Risk
9. Ensure that all business and operational activities are in line Management Committee Meetings
with applicable regulations, risk policies and procedures,
with approval and monitoring of exceptions, deviations The Risk Management Committee holds meetings at least 4
and violations that may occur. times a year, discussing risk profile reports and issues related
10. Assessment of various existing and emerging risks faced to risk management such as identification, measurement,
by the Bank, including (but not limited to): monitoring and control. Committee decisions can be taken
a. Credit Risk, if the Chair or Substitute Chair and at least 51% of the total
b. Market and Liquidity Risk; permanent members are present, both in person and online
c. Operational Risks including Fraud; meetings. This ensures consistent risk evaluation and accurate
d. Reputation Risk; decision making.
e. Information Security and Information Technology Risks;
f. Legal and Litigation Risk;
g. Compliance Risk;
h. Strategic Risk;
i. Other significant risk issues (beyond those mentioned
above) periodically.
Throughout 2023, the Risk Management Committee has hold meetings 9 (nine) times with the following agenda:
No Date Agenda
1 February 21, 2023 • RWA Basel III Implementation (for information)
• Stress Test Q4 – 2022 (Credit, Market & Liquidity) (for information)
• Peers Comparison Q3-2022 (for information)
2 April 5, 2023 • Risk Profile Guideline Annual Report (for information)
• Risk Monthly Report as of February 2023 (for information)
• Operational & IT Risk Update (for information)
3 May 30, 2023 • Disaster Policy (as approved)
• BUST: Solvency, Sensitivity & Liquidity (as agreed)
• Risk Monthly Report as of April 2023 (for information)
4 July 24, 2023 • Quarter II 2023 Risk Profile Report (as approved)
5 August 21, 2023 • Matter Arising from Previous RMC (for information)
• KPR Charter (as approval)
• Credit, Market, Liquidity Stress Test (as approval)
• Pasar Baru RWA: Basel III (for information)
• Monthly Position Risk Report July 2023 (for information)
6 September 22, 2023 • Matter Arising from Previous RMC (for information)
• Program Product Policy (as approval)
• Monitoring Stress Action Plan (for information)
• NSFR Strengthening Management (for information)
• Monthly Position Risk Report August 2023 (for information)
7 October 18, 2023 • Matter Arising from Previous RMC (for information)
• Third Quarter 2023 Risk Profile Report (for information)
• NSFR Strengthening Management (for information)
• Stress Action Plan Monitoring (for information)
8 November 22, 2023 • Matter Arising from Previous RMC (for information)
• Credit, Market, Liquidity Stress Test (as approval)
• NSFR Strengthening Management (for information)
9 December 20, 2023 • Matter Arising from Previous RMC (for information)
• NSFR Strengthening Management (for information)
• Monthly Position Risk Report November 2023 (for information)
PT Bank KB Bukopin Tbk Annual Report 2023 399
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Good Corporate Governance
Sepanjang tahun 2023, Komite Manajemen Risiko mengadakan rapat sebanyak 9 (sembilan) kali dengan persensi kehadiran
anggota Komite Manajemen Risiko sebagai berikut:
Number of Obligatory
Name Director/participant/Position Number of Attendance
Meetings
Lee Woo Yeoul / President Director 9 9
Robby Mondong / Deputy President Director 9 7
Seng Hyup Shin / Finance Director 9 6
Yohanes Suhardi / Wholesale & SME Banking Director 9 7
Dodi Widjajanto / Compliance & Risk Director 9 8
Helmi Fahrudin / Retail & Operations Director 9 7
Henry Sawali / Credit Group Director 9 8
Jung Ho Han/ Strategic Director 2 2
Risk Management Committee Performance Restructured category, Credit Structure including but not
Assessment by the Board of Directors limited to Credit limits, objectives /object of financing,
Throughout 2023, the Board of Directors assesses that the type of credit, nature of credit, term of credit, portion of
performance of the Risk Management Committee is good and financing, terms of credit/covenant, and collateral.
has proven that it continuously makes improvements both in 2. 2. Decide on the actions taken by the Bank in the context
terms of the quality of the material presented and following of Credit Repair, Restructuring and Settlement, both Credit
up on concerns of the members of the Risk Management Repair, Restructuring and Settlement which are still under
Committee. the management of the Business Unit and Credit Repair,
Renewal or Settlement managed by the Business Unit or
CREDIT COMMITTEE Special Asset Management (SAM).
3. When making decisions regarding credit eligibility, it must
Credit Committee is an institution that has the task of evaluating, be based on the principles:
considering and having the authority to provide decisions a. Integrity & Honesty
(approval or rejection) on Credit applications submitted b. Professionalism
by (potential) Debtors to the Bank, taking into account the c. Competence
development of the Bank’s Business without abandoning the d. Independence
principle of prudence. e. Objectivity
f. Principles of Bank Prudence (prudential Banking)
Credit Committee Structure and Membership g. Provisions for healthy credit requirements and
Institutional Credit Committee with the authority to decide on operational provisions of the Bank.
Credit institutionally/Forum/group/Credit Committee based 4. The responsibilities of the Credit Committee Institution
on the level of authority limits determined and regulated by include at least:
the Board of Directors for the SMEs, Wholesale (Commercial) a. Carrying out duties, especially in the process of granting
Credit Segment, both for the Credit Committee in meetings/ credit approval based on competence, honestly,
face to face and circulate. objectively, accurately and carefully; and
b. Refuse requests and/or influence from parties with
Individual limit authority/Job limit authority to decide on Credit an interest in the Credit applicant to provide Credit or
applies to Retail Credit, mass product Credit Products, certain Financing approval which is only a formality.
special Credit, as well as decision making in the context of c. Ensure that every credit provided meets banking
settlement or collecting non-performing Loans which is further regulations and is in accordance with sound credit
regulated in the implementation provisions of the Credit principles;
Committee. d. Credit Committee members are responsible for the
quality of Credit eligibility when the Credit application
Duties and Responsibilities of the Credit Committee is decided.
In general, the duties and responsibilities of the Credit e. Ensure that the implementation of Credit provision is in
Committee are: accordance with the KPB and the Credit or Financing
1. Decide on granting Credit (new, additional, decrease, Implementation Guidelines;
change of terms and/or extension) managed by the
Business Unit in accordance with authority limits, including
determination/change of Credit structure in the Non-
400 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 401
Implementation of Credit Committee Duties in 2023 Duties and responsibilities
During 2023, the Credit Committee has evaluated, considered The Assets and Liabilities Committee (ALCO) has the authority
and decided on the feasibility of Credit applications as well and responsibility for the following matters:
as Credit requirements submitted at the time of the Credit 1. Evaluate and control risks over the position of liquidity
Committee for Credit Proposals or Credit applications or risk and market risk, as well as determine the company’s
Applications for new, additional and/or extension Credit Asset and Liabilities Management (ALMA) management
applications, among others, such as (determination, policies and strategies, which include liability management,
arrangement, amendment, written-off, exemption): liquidity management, liquid asset management, credit
1. Credit ceiling, including additions or reductions/decreases management (KYD), administrative post management and
in credit ceilings or accelerated repayment. hedging strategies;
2. Interest During Construction (IDC)/similar. 2. Review deviations between actual results and bank budget
3. Credit grace period. projections and business plans;
4. Use of Credit. 3. Review the pricing policy for assets and liabilities as well
5. Credit interest rates. as fee based income and ensure that the pricing policy
6. Type of Credit facility. can support the Bank’s Asset and Liabilities Management
7. Credit term, including extension, addition or reduction of (ALMA) strategy and liquidity management;
term 4. Convey information to the Board of Directors regarding any
8. Guarantee or collateral, including replacing or withdrawing developments in current conditions as well as developments
part of the collateral. in related provisions and regulations that influence ALMA’s
9. Provisions strategy and policies;
10. Administration Fees. 5. Evaluate emergency funding plans;
11. Credit Binding and Guarantee or Collateral Binding. 6. Continuing the policies that have been established to the
12. Late Fines relevant work units so that they can be implemented as
13. Cancellation Fines well as possible;
14. Credit Disbursement 7. Evaluate ALCO policies and decisions that have been taken.
15. Payment of Obligations
16. Other Credit Requirements Implementation of Duties in 2023
17. Procedures for binding Credit Agreements & Credit During 2023, the ALCO Committee has carried out its duties by
Collateral. providing recommendations to the relevant Board of Directors
1. Pricing of new and existing products to be in line with the
Bank’s strategic and business objectives through quorum
ASSETS AND LIABILITIES requirements.
COMMITTEE (ALCO) 2. The Fund Transfer Pricing (FTP) framework is appropriate
and functions as a bridge between business lines in
The Assets and Liabilities Management Committee (ALCO) designing and implementing FTP, as well as prioritizing
was formed by the Company’s Directors based on Directors’ consistency in the Bank’s performance.
Circular Letter No. SE/197/DIR/X/2018 dated October 16, 2018 3. Make adjustments to the availability of long-term funds
concerning Assets and Liabilities Management Committee from the capital market according to the Bank’s needs.
Policy. ALCO is responsible for discussing and making strategic 4. Pricing policies and strategies for fund products, loans and
decisions regarding the management of product assets and interoffice accounts based on asset and liability growth,
liabilities, taking into account growth, business continuity and interest rate trends and competitors’ interest rates.
profitability. ALCO decisions can only be changed through
ALCO meetings. This committee was formed to anticipate INFORMATION TECHNOLOGY
developments in the money market, interest rates, exchange SYSTEMS STEERING COMMITTEE
rates and the banking sector, especially regarding collecting
public funds and channeling funds to productive assets. The Information Technology Steering Committee is the highest
committee in the implementation of information technology
Structure of Membership which is tasked with providing recommendations and
assisting the Board of Directors and Board of Commissioners
Composition of ALCO Committee
in monitoring the implementation activities and readiness of
Chairman President director
information technology infrastructure.
Vice Chairman Director in charge of finance and planning
Secretary The work unit in charge of treasury business Information Technology Steering Committee
analyst functions Structure and Membership
Member • Director in charge of business Membership of the IT Steering Committee is appointed and
functions, namely MSMEs, Consumer appointed by the Board of Directors. The organizational
and Commercial structure of the IT Steering Committee is as follows.
• Director in charge of operational
functions 1. The Chair of the IT Steering Committee is the Director in
charge of Information Technology.
2. IT Steering Committee Members:
a. Director in charge of the Risk Management Work Unit
PT Bank KB Bukopin Tbk Annual Report 2023 401
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Good Corporate Governance
b. The highest official under the Director in charge of matters related to IT implementation and infrastructure
Information Technology at the level of Head of Division. activities that cannot be resolved through the IT Support
c. The highest official under the Director who oversees Committee
Services as the main user of IT at the level of Division 3. The IT Steering Committee can order the IT Support
Head. Committee to hold a committee meeting if there are
d. Head of the Corporate Strategic Planning Division whose technical matters that must be resolved immediately and/
job is to align Corporate strategies and initiatives with or become input for the IT Steering Committee in making
IT strategies and initiatives. recommendations to the Board of Directors.
e. Head of the Financial Planning and Accounting Division
who is tasked to evaluate the Bank’s budget, especially Implementation of Duties in 2023
investment or IT operational costs. During 2023, the Information Technology Steering Committee
f. Other related departments can become participants in has carried out its duties by providing recommendations to
the IT Steering Committee by considering their suitability the Board of Directors regarding IT support in the Company,
such as relevance to the discussion material, as resource including
persons and so on. 1. The DC Server Development Relocation and Rejuvenation
g. Head of Department in charge of IT Strategy and Planning Project was carried out by procuring a new VM Server
who is tasked to evaluate IT project management and Development and placing it at DC Sentul.
Secretary of the IT Steering Committee. 2. Project Dedicated Line DR, DRC & Branches must consider
the number of branches when purchasing the line at the
Duties and Responsibilities of the Information negotiation stage before the finalization process.
Technology Steering Committee 3. Purchase Crystal Report directly by PT Bank KB Bukopin
In general, the duties and responsibilities of the IT Steering Tbk from SAP Crystal Report and amend the contract with
Committee are: DXC by removing the scope of purchasing Crystal Report.
1. Provide recommendations to the Board of Directors as 4. Risks and issues on the SHINE project can be submitted
follows: directly to the relevant Director by ITPMO, Business PMO
a. IT strategic plan (IT Strategic Plan) which is in and External PMO.
accordance with the strategic plan for the Company’s 5. Credit Card system update with a budget of IDR 21 billion
business activities (Business Plan). The things that must and the implementing vendor is Silverlake.
be considered when providing these recommendations
are as follows: CREDIT RESTRUCTURING COMMITTEE
i) Implementation plan (roadmap) to achieve IT needs
that support the Company’s business strategy. The Credit Restructuring Committee It is a committee institution that
roadmap consists of the current condition (current has a function in efforts made by the Bank to make improvements
state), the condition to be achieved (future state) in credit activities or assist Debtors whose performance is good
and the steps that will be taken to achieve the future but have the potential to be exposed to non-performing loans
state; with the aim of these debtors being able to maintain their good
ii) Resources required; performance.
iii) Profits/benefits that will be obtained when the plan
is implemented. Structure and Membership of the Credit
b. Formulating key IT policies and procedures such as IT Restructuring Committee
security policies and risk management related to IT use; Institutional Credit Committee with the authority to decide on
c. Conformity of approved IT projects with applicable IT Credit institutionally/Forum/group/Credit Committee based on
strategic plans and corporate plans; the level of authority limits determined and regulated by the
d. d. The steering committee can also determine the Board of Directors for the SME (UKM), Wholesale (Commercial)
priority status of IT projects that are critical (have Credit Segment, both for the Credit Committee in meetings/
a significant impact on the Company’s operational face to face and circulate.
activities);
e. e. Compatibility of IT with management information Individual limit authority/Job limit authority to decide on Credit
system needs that support the management of the applies to Retail Credit, mass product Credit Products, certain
Company’s business activities; special Credit, as well as decision making in the context of
f. f. The effectiveness of risk minimization measures resolving or collecting non-performing Loans which is further
for the Company’s investments in the IT sector and regulated in the implementation provisions of the Credit
that these investments contribute to achieving the Committee.
Company’s business objectives;
g. g. Monitoring IT performance and efforts to improve
it, for example by detecting IT finances and measuring
the effectiveness and efficiency of implementing IT
security policies.
2. Carry out a Management Review on the implementation
of the service management system at least once a year
every March as well as on other strategic, critical and urgent
402 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 403
Description of Duties and Responsibilities of the Structure and Membership of the Non-performing
Credit Restructuring Committee Loan Settlement Committee
The Credit Restructuring Committee has the authority Institutional Credit Committee with the authority to decide on
and responsibility to recommend and/or decide on Credit Credit institutionally/Forum/group/Credit Committee based on
Restructuring according to its authority in terms of: the level of authority limits determined and regulated by the
1. Credit restructuring of quality 1 (one) and 2 (two) for watch Board of Directors for the SME (UKM), Wholesale (Commercial)
list category debtors. Credit Segment, both for the Credit Committee in meetings/
2. Restructuring/restructuring of Credit quality 3 (three), 4 face to face and circulate.
(four), 5 (five) as well as quality 1 (one) and 2 (two) post
Restructuring which are still managed by the Business Unit. Individual limit authority/Job limit authority to decide on Credit
3. Restructuring/restructuring of Credit quality 3 (three), 4 applies to Retail Credit, Mass Product Credit Products, certain
(four), 5 (five) as well as quality 1 (one) and 2 (two) post special Credit, as well as decision making in the context of
Restructuring managed by Special Asset Management. settlement.
4. The Credit Restructuring Committee Institution must
understand the legal aspects, business aspects, financial Description of Duties and Responsibilities of the
aspects and fairness aspects of the credit that are Non-Performing Loans Settlement Committee
discussed in the committee. In general, the authority and responsibility of the Non-
5. The implementation of the Credit Restructuring Committee Performing Loans Settlement Committee are:
applies to the Debtor portfolio which is still managed by 1. Settlement of the Credit Portfolio which is included in
the Business Unit. the non-performing credit category in accordance with
6. The implementation of the Credit Restructuring Committee applicable external and internal Bank regulations, including
(Special Asset Management) applies to the Debtor portfolio terminating Foreclosed Collateral (AYDA).
managed by Special Asset Management (SAM). 2. Credit Write Off and Absolute Write-Off.
3. Understand the legal aspects, business aspects, financial
Implementation of Duties in 2023 aspects and fairness aspects of the credit that are
During 2023, the Credit Restructuring Committee has evaluated discussed in the committee.
and provided recommendations regarding the following matters: 4. The implementation of the Credit Settlement Committee
1. Changes to the Restructured Credit ceiling, including applies to the Debtor portfolio which is still managed by
additions or reductions/decreases in ceilings or accelerated the Business Unit.
repayment; 5. For the implementation of the Credit Settlement Committee
2. Postponement of payment of principal obligations and/or (SAM), it applies to Debtor portfolios managed by Special
interest or the like; Asset Management (SAM).
3. Giving a grace period;
4. Changes in the Use of Restructured Credit; Implementation of Duties in 2023
5. Changes in restructured interest rates; During 2023, the Non-Performing Credit Settlement Committee
6. Change in type of credit facility; has evaluated and provided recommendations regarding the
7. Changes in the credit term, including extension, addition following matters:
or reduction of the term for the purpose of rescue; 1. Determination of the execution or liquidation of Credit
8. Changes in Collateral or collateral, including replacing or collateral;
withdrawing part of the collateral; 2. Determination of Credit collateral as AYDA;
9. Charging or waiving Provision fees; 3. Approval of redemption/sale of collateral;
10. Waiver of Administrative Fees; 4. Termination of Subrogation of Non-Performing Loans;
11. Credit Agreements and Guarantees or Collateral; 5. Determination of cessie;
12. Waiver of Late Fines; 6. Credit settlement through legal channels;
13. Credit Disbursement; 7. Approval of the use of third party services;
14. Conversion of Credit into Temporary Capital Investment 8. Write off non-performing loans;
in the Debtor company (specifically for Restructuring 9. Absolute write-off non-performing loans;
committees with SAM); 10. Other decisions related to the settlement of non-performing
15. Determination of restructured credit to non-restructured; loans.
16. Determination of other Credit Restructuring requirements.
NON-PERFORMING LOAN
SETTLEMENT COMMITTEE
Is a committee institution whose function is to make decisions
in the context of resolving non-performing loans in terms of
evaluating, considering and having the authority to decide
on the appropriateness of requests for resolution of non-
performing loans submitted for portfolios managed by SAM
or portfolios managed by the SAM Retail function.
PT Bank KB Bukopin Tbk Annual Report 2023 403
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Good Corporate Governance
Corporate
Secretary
The Corporate Secretary is a key figure in the structure of The formation, appointment and implementation of the functions
KB Bank as a Public Company. This role includes bridging and duties of the Corporate Secretary, among others, refers to:
communication between the Company and Shareholders 1. Financial Services Authority Regulation no. 35/
and other Stakeholders, as well as ensuring the Company’s POJK.04/2014 concerning Corporate Secretaries of Issuers
compliance with capital market regulations. The Corporate or Public Companies;
Secretary is also responsible for organizing meetings with 2. 2. Decree of the Directors of PT Bursa Efek Indonesia
Shareholders and Stakeholders, as well as facilitating effective No. Kep-00001/BEI/01-2014 Regarding Amendments to
dialogue between Stakeholders and KB Bank. In addition, the Regulation No. I-A: Regarding the Listing of Shares and
Corporate Secretary must ensure that the Company’s policies Equity Securities Other than Shares Issued by Listed
and practices are in line with the principles of good governance Companies
and comply with all applicable legal provisions.
PROFILE OF CORPORATE SECRETARY OFFICER
Slamet Haryanto Pradhana* Age 38 years old
Nationality Indonesia
Domicile Jakarta
Education Bachelor of Economic Education & Bachelor of Management
Economics, State University of Malang (2008)
Work Experience • QA & IT Audit Department Head
• Secretariat & Protocol Manager, Corporate Secretary.
Concurrent Position -
Legal Basis of Appointment SKEP/0026-DIR/II/2022 dated 14 February 2022
*) In office from 27 February 2023 – 6 April 2023
Yocky Eko Wicaksono Age 40 years old
Nationality Indonesia
Domicile Jakarta
Education Bachelor of Law, University of Brawijaya, Malang
Work Experience • • Secretary to the Board of Commissioners
• • Manager Regulations and Policies of PT Bank KB Bukopin
Tbk
• • Senior Staff for Corporate Law and Policy at PT Bank KB
Bukopin Tbk
Concurrent Position -
Legal Basis of Appointment SKEP /0118-DIR/VIII/2023
DUTIES AND RESPONSIBILITIES
The Corporate Secretary has broad and important duties in maintaining the image of KB Bank. This includes building the company’s
image through public relations, investor and secretarial functions. The Corporate Secretary is responsible for ensuring that all
meeting results are properly documented and conveyed to related parties. The Corporate Secretary also ensures effective
communication with stakeholders, including providing relevant and timely information about the company’s performance.
In addition, he/she is a liaison between the company and capital market authorities, shareholders, investors and the media.
Information regarding company performance is conveyed through various media, such as GMS, financial reports, press releases,
meetings with analysts, and through the Company’s website, namely www.kbbukopin.co.id. The Corporate Secretary is also
responsible for ensuring the Company’s compliance with applicable capital market regulations. With these strategic duties and
responsibilities, the Corporate Secretary is directly responsible to the President Director and reports the implementation of his
duties to the Board of Commissioners.
404 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 405
The function of the Corporate Secretary in accordance with the Financial Services Authority Regulation No. 35/POJK/.04/2014
shall perform the following duties at least:
1. Follow developments in the Capital Market, especially applicable laws and regulations in the Capital Market sector;
2. Provide input to the Board of Directors and Board of Commissioners of Issuers or Public Companies to comply with statutory
provisions in the Capital Market sector;
3. Assist the Board of Directors and Board of Commissioners in implementing corporate governance which includes:
a. Disclosure of information to the public, including the availability of information on the Issuer or Public Company Website;
b. Submission of reports to the Financial Services Authority on time;
c. Organizing and documenting the General Meeting of Shareholders;
d. Organizing and documenting Board of Directors and/or Board of Commissioners meetings;
e. Implementation of an orientation program for the Company for new Directors and/or Board of Commissioners.
4. As a liaison between the Issuer or Public Company and the Shareholders of the Issuer or Public Company, the Financial
Services Authority, and other stakeholders.
CORPORATE SECRETARY ORGANIZATIONAL STRUCTURE
Corporate Communication
Corporate Secretary BoC Secretary
President Director
Secretariat & Protocol Unit BoC Support Unit
Secretary Unit
President Director Corporate BoC Support Staff
Secretary Staff Secretariat Staff
Protocol Staff BoC Committee Unit
Corporate
Archieve Staff BoC Committee Staff
Secretary To
Director Section
Secretary
To Director
Corporate
Communication Unit
Corporate
Communication Staff
Corporate Social
Responsbility Staff
Liasson Officer Staff
PT Bank KB Bukopin Tbk Annual Report 2023 405
Page 406
Good Corporate Governance
IMPLEMENTATION OF DUTIES IN 2023
During 2023, the Company’s Corporate Secretary has carried out duties, including:
1. Organizing Directors’, Commissioners’ Meetings, and Joint Meetings between Directors and Commissioners;
2. Preparing the minutes of each meeting;
3. Holding Annual and Extraordinary General Meetings of Shareholders (GMS);
4. Manage information disclosure to the public and regulators;
5. Following capital market developments, especially related to capital market regulations and conveying information on these
developments to the Board of Commissioners, Directors and Stakeholders;
6. Carrying out various activities related to establishing the Company’s image.
COMPETENCY DEVELOPMENT
Competency development through education and training for the Corporate Secretary is carried out in accordance with his
function and duties as a liaison with external parties. Throughout 2023, the Corporate Secretary has attended various training/
workshops/seminars, including:
TRAINING NAME DATE ORGANIZER
Anti-Fraud E-Learning in 2023 23-Oct-23 In-House (Training) Jakarta
AML-CFT E-Learning in 2023 23-Oct-23 In-House (Training) Jakarta
E-Learning Induction (AML-CFT & Anti-Fraud) 22-Dec-23 In-House (Training) Jakarta
E-Learning Induction of Anti-Fraud and AML-CF 16-Jan-23 Learning Management System (BPRIDE) Jakarta
Kick Off Shine Project 22-Feb-23 DXC Jakarta
Kahoot Kick Off Shine Quiz Winners 22-Feb-23 DXC Jakarta
SMR (Risk Management Certification) Refreshment 04-Sep-23 BSMR Jakarta
Level 1-5
SMR (Risk Management Certification) Refreshment 21-Feb-23 BSMR Jakarta
in 2023
Training Budget Expense Pic Allocation 26-Oct-23 Internal House (Diklat) Jakarta
Training Icofr 21-Nov-23 PWC, Deloite &Kookmin Jakarta
Ngbs-Be Budget Trf & App Training Batch 2 (October 25) 25-Oct-23 In-House (Training) Jakarta
Fkdkp Webinar 10-Oct-23 FKDKP Jakarta
Annual Report (Corsec) Workshop 03-Apr-23 Inmark Jakarta
Board of Commissioner Workshop 08-Nov-23 In-House (Training Jakarta
2023 INFORMATION DISCLOSURE
The Corporate Secretary has conveyed information to the public throughout 2023, through mass media, the BEI website and the
KB Bank website using Indonesian and English, as well as submitting regular and incidental reports to the BEI and OJK as follows:
Type of Report Objective Period of Report
Bank’s Annual Report OJK Annual
Bank Subsidiaries Annual Report OJK Annual
Annual GMS Implementation Report OJK & BEI Annual
Management reports and results of supervision by the board of BI Annual
commissioners
LAPORAN INSIDENTIL
Date Report Items Items
January 10, 2023 Financial Services Authority Report on Effective Appointment as Main Director of PT Bank KB Bukopin Tbk (Woo Yeul Lee)
January 5, 2023 Financial Services Authority Realization Report on the Use of Proceeds from PUB Sustainable Bonds I and Sustainable
Subordinated Bonds III of KB Bank Phase I 2021 as of December 31, 2022
406 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 407
Date Report Items Items
January 19, 2023 Financial Services Authority Submission of 2022 Data Update Realization Report by custodian KB Bank
January 20, 2023 Financial Services Authority Submission of Report on Current Conditions of Information Technology Implementation in
2022
January 26, 2023 Financial Services Authority Information on plans to close Gadog Cianjur Cipanas KCP
January 26, 2023 Financial Services Authority Information on Plans for Closure of KCP Pemantang Siantar Medan
January 26, 2023 Financial Services Authority Information on plans to close KCP Jombang, Tulung Agung, East Java
January 26, 2023 Financial Services Authority Information on plans to close KCP IKIP/UNJ East Jakarta
February 6, 2023 Financial Services Authority Report on the Bank's Plan to Not Operate on Working Days at the Sidoarjo Branch Office, East
Java
February 7, 2023 Bank Indonesia Incidental Report
February 15, 2023 Financial Services Authority Information on plans to close the offices of KCP RSPAD, KCP Grand Cakung, KCP Kelapa
Gading II, KCP Pulo Gadung Trade Center, KCP Roxy Mas, KCP Pasar Minggu, KCP Kebayoran
Lama, KCP Mampang, KFO Pasar Minggu
February 15, 2023 Financial Services Authority information on plans to close the Ajibarang KCP office
February 15, 2023 Financial Services Authority information on plans to close the UI Faculty of Engineering KCP office and Billy Moon KCP
February 15, 2023 Financial Services Authority information on plans to close the KCP Dalyeng Kolot and KCP Situraja offices
February 15, 2023 Financial Services Authority information on plans to close KCP Mikro Gedung Halang and KCP PMI offices
February 15, 2023 Financial Services Authority information on plans to close the Cilimus KCP office
February 15, 2023 Financial Services Authority information on plans to close the offices of KCP Peterongan Plasa, KCP Satya Wacana
Christian Univ (UKSW), KFO Petorangan
February 15, 2023 Financial Services Authority information on plans to close the Magetan KCP office
February 15, 2023 Financial Services Authority information on plans to close the offices of KCP Blimbing, KCP Sawojajar and KCP Singosari
February 15, 2023 Financial Services Authority information on plans to close the Lumajang KCP office
February 15, 2023 Financial Services Authority information on plans to close the KCP Kayu Agung and KCP Lahat offices
February 15, 2023 Financial Services Authority information on plans to close the Kotabumi KCP office
February 15, 2023 Financial Services Authority information on plans to close the KCP Penuin office
February 15, 2023 Financial Services Authority information on plans to close the Muara Bungo KCP office
February 15, 2023 Financial Services Authority information on plans to close the offices of KCP Juanda, KCP
February 15, 2023 Financial Services Authority Mempawah, KCP Singkawang, KCP Sungai Raya Dalam
February 15, 2023 Financial Services Authority information on plans to close the KCP Kandangan office
February 15, 2023 Financial Services Authority information on plans to close the KCP AW Syahrani office
February 15, 2023 Financial Services Authority information on plans to close the Salodong KCP office
February 15, 2023 Financial Services Authority information on plans to close the Amurang KCP office
February 20, 2023 Bank Indonesia Incidental report
February 27, 2023 Financial Services Authority Information on plans to close sub-branch offices of KCP Harapan Indah, KCP Jababeka, KCP
Ruko Menteng Cikarang, KCP Unisma, KCP Citra Grand Cibubur
February 27, 2023 Financial Services Authority Information on Plans to Close the Pandeglang KCP Sub-Branch Office
February 27, 2023 Financial Services Authority Information on plans to close sub-branch offices of KCP Tangerang City, KCP Meruya, KCP
Muara Karang, KCP Bakrie Tower, KCP Tanjung Priok, KCP Kemang, KCP Bendungan Hilir
February 27, 2023 Financial Services Authority Information on plans to close the Cikampek KCP sub-branch office
February 27, 2023 Financial Services Authority Information on Plans to Close Pekalongan KCP Sub-Branch Office
February 27, 2023 Financial Services Authority Information on plans to close the Banjarnegara KCP sub-branch office
February 27, 2023 Financial Services Authority Information on plans to close sub-branch offices of KCP Salatiga, KCP Sultan Agung, & KCP
Majapahit
February 27, 2023 Financial Services Authority Information on plans to close the KCP Grha Kepri sub-branch office
February 27, 2023 Financial Services Authority Information on plans to close the Bung Hatta Univ KCP sub-branch office
February 27, 2023 Financial Services Authority Information on plans to close UNILA KCP sub-branch offices
February 27, 2023 Financial Services Authority Information on plans to close sub-branch offices of KCP Gresik, KCP Perak Barat 7 KCP
Mulyosari
February 27, 2023 Financial Services Authority Information on Plans to Close Mojokerto KCP Sub-Branch Office
PT Bank KB Bukopin Tbk Annual Report 2023 407
Page 408
Good Corporate Governance
Date Report Items Items
February 27, 2023 Financial Services Authority Information on Plans to Close KCP Kuta & KCP Kreneng Sub-Branch Offices
February 27, 2023 Financial Services Authority Information on Plans to Close Mamuju KCP Sub-Branch Office
February 27, 2023 Financial Services Authority Information on plans to close the KCP Banjar Baru sub-branch office
February 28, 2023 Financial Services Authority Management Report of Subsidiary Company PT Bank KB Bukopin Tbk
March 1, 2023 Financial Services Authority Response to OJK letter Number S-162/PB.31/2022
March 2, 2023 Financial Services Authority PT Bank KB Bukopin Tbk Affiliate Transaction Report
March 7, 2023 Financial Services Authority Follow-up to the Implementation Report and Main Internal Audit Results for Semester I 2022
KB Bank
March 8, 2023 Financial Services Authority Submission of Minutes of Meeting
March 9, 2023 Bank Indonesia Reporting on plans to issue mastercard credit cards rebranding KB Bank
March 9, 2023 Bank Indonesia Reporting on the plan to issue a rebranding mastercard debit card at KB Bank
March 9, 2023 Otoritas Jasa Keuangan Changes and/or additional information to the Registration statement in the context of
Financial Services Authority increasing Capital by granting Pre-emptive Rights (PUT) VII PT Bank KB Bukopin Tbk
March 10, 2023 Financial Services Authority Submission of Changes to the Board of Directors and/or Board of Commissioners of KB
Kookmin Bank Co. Ltd as Controlling Shareholder of PT Bank KB Bukopin Tbk
March 6, 2023 Financial Services Authority Reporting changes to the list of implementing employees and/or SLIK officials
March 24, 2023 Financial Services Authority Information on Sub-Branch Office Closure Plans (KCP)_KPO
March 24, 2023 Financial Services Authority Information on Sub-Branch Office Closure Plans (KCP)_KPO
March 24, 2023 Financial Services Authority Information on Sub-Branch Office Closure Plans (KCP)_KPO
March 24, 2023 Financial Services Authority Information on plans to close sub-branch offices (KCP)_ Kudus Semarang
March 24, 2023 Financial Services Authority Information on plans to close sub-branch offices (KCP)_Solo
March 24, 2023 Financial Services Authority Information on the Plan to Close Sub-Branch Offices (KCP)_Bandung
March 24, 2023 Financial Services Authority Information on Plans to Close Sub-Branch Offices (KCP)_Riau Islands Provincial Government
March 24, 2023 Financial Services Authority Information on plans to close sub-branch offices (KCP)_Batam
March 24, 2023 Financial Services Authority Information on plans to close sub-branch offices (KCP)_Surabaya
March 24, 2023 Financial Services Authority Information on plans to close sub-branch offices (KCP)_Samarinda
March 24, 2023 Financial Services Authority Information on the Plan to Close Sub-Branch Offices (KCP)_Pare-pare
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Cilegon
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Purwokerto
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Cirebon
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Magelang
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Sukabumi
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Tasikmalaya
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Tegal
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Madiun
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Probolinggo
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Banyuwangi
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Sidoarjo
March 27, 2023 Financial Services Authority Application for Approval to Close the Domestic_Branch Offices in Parepare
April 6, 2023 Financial Services Authority Changes in Audit Committee Members of PT Bank KB Bukopin Tbk
April 10, 2023 Financial Services Authority Amendments and/or Additional Information to the Registration Statement in the Context of
Capital Increase by Providing Pre-emptive Rights VII PT Bank KB Bukopin Tbk
April 11, 2023 Financial Services Authority Notification of Resignation and Appointment of Alternate Corporate Secretary of PT Bank KB
Bukopin Tbk
April 12, 2023 Financial Services Authority Information on Cancellation of Closure of Mamuju KCP
April 13, 2023 Financial Services Authority Information on Cancellation of Closure of KCP Banjar Baru
408 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 409
Date Report Items Items
April 28, 2023 Financial Services Authority Amendments and/additional information to the registration statement in the context of
increasing capital by granting pre-emptive rights VII PT Bank KB Bukopin Tbk
May 2, 2023 Financial Services Authority Amendments and/or Additional Information to the Registration Statement in the Context of
Capital Increase by Providing Pre-emptive Rights VII PT Bank KB Bukopin Tbk
May 4, 2023 Financial Services Authority Amendments and/or Additional Information to the Registration Statement in the Context of
Capital Increase by Providing Pre-emptive Rights VII PT Bank KB Bukopin Tbk
May 5, 2023 Financial Services Authority Response and follow-up to financial services authority letter number SR-3/PM.223/2023
May 12, 2023 Financial Services Authority Information on the Plan to Close Sub-Branch Offices ("KCP") - KCP STTNAS Campus
May 15, 2023 Financial Services Authority Information on Cancellation of Closure of KCP Solo
May 15, 2023 Financial Services Authority Information on Cancellation of Closure of Bintaro KCP
May 15, 2023 Financial Services Authority Information on Cancellation of KCP Klaten Closure
May 15, 2023 Financial Services Authority Information on Cancellation of Barru KCP Closure
May 15, 2023 Financial Services Authority Information on Cancellation of Closure of KCP Batam Center
May 15, 2023 Financial Services Authority Information on Cancellation of KCP Closure Abda
May 26, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Seng
Hyup Shin
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Yohanes
Suhardi
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Robby
Mondong
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk- Seng
Hyup Shin
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Dodi
Widjajanto
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Helmi
Fahrudin
May 29, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - Woo Yeul
Lee
June 5, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk- STIC
Eugene Star Holding Inc
June 5, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk-WYL-
Additional PUT VII
June 5, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk- Mr.Shin-
Additional PUT VII
June 5, 2023 Financial Services Authority Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin Tbk - KB FG
67.57%
June 14, 2023 Financial Services Authority Information on plans to move the address of KCP Ciranjang Cianjur
June 13, 2023 Financial Services Authority Report on Changes in the Composition of Bank Shares which are Recorded in the Company's
Articles of Association and Do Not Result in Changes in Control
June 26, 2023 Financial Services Authority Management Report of Subsidiary Company PT Bank KB Bukopin Tbk
July 4, 2023 Financial Services Authority PT Bank KB Bukopin Tbk KBBS Affiliate Transaction Report
July 4, 2023 Financial Services Authority PT Bank KB Bukopin Tbk Bufin Affiliate Transaction Report
July 5, 2023 Financial Services Authority Information on Plans to Close Sub-Branch Offices (“KCP”) and Functional Operational Offices
(“KFO”)
July 11, 2023 Bank Indonesia Incidental Report
July 11, 2023 Bank Indonesia Incidental Report
July 21, 2023 Financial Services Authority Report on Closure of Other Offices Apart from APERD Head Office
July 21, 2023 Bank Indonesia Reporting on Plans to Add Contactless Features to Credit Cards and EDC Machines at KB Bank
July 24, 2023 Financial Services Authority Submission of Information on Termination of PUB Pbligasi 2021 PT Bank KB Bukopin Tbk
PT Bank KB Bukopin Tbk Annual Report 2023 409
Page 410
Good Corporate Governance
Date Report Items Items
September 5, Financial Services Authority Report on the Bank's Plan to Not Operate on Weekdays at the Medan Branch Office
2023
September 8, Financial Services Authority Information on Sub-Branch Office (KCP) Address Change Plans
2023
September 14, Financial Services Authority Information on Plans to Change the Address of the Balikpapan Branch Office ("KC")
2023
September 15, Financial Services Authority Capital Investment Activities to PT KB Bukopin Finance (KBBF)
2023
August 28, 2023 Financial Services Authority Submission of Proof of Advertisement of Financial Reports Published for Quarter II 2023
June 23, 2023 Financial Services Authority Material Information or Fact Reports Material Information or Fact Reports Information
Disclosure in Relation to Material Transactions of PT Bank KB Bukopin Tbk
July 4, 2023 Financial Services Authority Report on Information or Material Facts on Affiliate Transactions of PT Bank KB Bukopin Tbk
July 4, 2023 Financial Services Authority PT Affiliate Transaction Information or Material Facts Report. PT Bank KB Bukopin Tbk
July 10, 2023 Financial Services Authority Request for Explanation from Issuers and Other Public Companies
July 24, 2023 Financial Services Authority Information Report or Material Facts Submission of Information on Termination of PUB Bonds
2021 PT Bank KB Bukopin Tbk
July 25, 2023 Financial Services Authority Submission of Proof of Advertisement Announcement of Termination of PUB Bonds 2021 PT
Bank KB Bukopin Tbk
August 14, 2023 Financial Services Authority Request for Explanation from Issuers and Other Public Companies
August 31, 2023 Financial Services Authority Request for Explanation from Issuers and Other Public Companies
September 8, Financial Services Authority Request for Explanation from Issuers and Other Public Companies
2023
September 13, Financial Services Authority Explanation of Mass Media Reporting
2023
September 20, Financial Services Authority Request for Explanation from Issuers and Other Public Companies
2023
October 3, 2023 Financial Services Authority Material Information or Facts Report PT Bank KB Bukopin Tbk Affiliate Transaction Report
October 10, 2023 Financial Services Authority Material Information or Facts Report PT Bank KB Bukopin Tbk Affiliate Transaction Report
December 11, Financial Services Authority Information Report or Material Facts on Resignation of Company Directors
2023
December 11, Financial Services Authority Submission of the Agenda for the Extraordinary General Meeting of Shareholders
2023
December 11, Financial Services Authority Submission of Proof of Information Disclosure Advertisement on the Resignation of the
2023 Company Director
December 18, Financial Services Authority Notification of Plans for Extraordinary General Meeting of Shareholders
2023
December 18, Financial Services Authority Submission of Proof of Advertisement for GMS Notification
2023
December 29, Financial Services Authority Resignation of the Deputy President Commissioner of the Company
2023
December 29, Financial Services Authority Submission of Evidence of Information Disclosure Advertisement on the Resignation of the
2023 Deputy Chief Commissioner
410 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 411
INTERNAL AUDIT
WORK UNIT
Internal audit at KB Bank is an independent and objective activity, aimed at increasing the value and efficiency of the bank’s
operations. As part of the third line of defense, internal audit must ensure that internal controls at each stage of defense are
stronger in accordance with applicable regulations. For this reason, the KB Bank Internal Audit Work Unit continues to innovate
in the use of audit methodology and tools, so that audit implementation becomes more effective and efficient. This is done
through a systematic approach to evaluate and improve the effectiveness of the Bank’s risk management, control and governance
processes. Thus, internal audit becomes an important instrument in maintaining operational continuity and bank compliance
with applicable regulations.
INTERNAL AUDIT CHARTER
The Internal Audit Charter is a guideline for implementing duties for the Internal Audit Work Unit (SKAI) which carries out internal
audit functions, initiating communication with auditees in the company, examining company activities, examining company
activities and the authority to access records, documents, data and physical core of the company including systems. information
management and reporting.
The Internal Audit Charter has been updated based on Directors’ Decree No. 0146 of 2022 dated December 14, 2022.
PROFILE OF THE HEAD OF THE INTERNAL AUDIT WORK UNIT
ROBY ENDRAMA PURBA Age 43 year old
Head of the Internal Audit Work Unit
Nationality Indonesia
Domicile DKI Jakarta
Education Bachelor of Accounting, Airlangga University, Surabaya
Work Experience • Head of Internal Audit PT AXA Mandiri Financial Service
(2019-2022)
• Head of Internal Audit IPC Investment Company (2018-
2019)
• Head Office Audit Group Head PT CIMB Niaga Tbk (2016-
2018)
Concurrent Position -
Legal Basis of Appointment SKEP/0015-DIR/II/2022 dated February 2, 2022
PARTY APPOINTING AND DUTIES AND RESPONSIBILITIES
DISMISSING THE HEAD OF THE
INTERNAL AUDIT WORK UNIT In the company’s Internal Control Structure, the Internal Audit
Work Unit (SKAI) has the main function of assisting the Board
Based on Financial Services Authority (OJK) Regulation of Commissioners and President Director in achieving the
no. 1/POJK.03/2019, POJK No. 56/POJK.04/2015, and the Company’s objectives by performing independent assessments
Internal Audit Charter of PT Bank KB Bukopin Tbk, the Head of risk management, control and governance processes. SKAI
of the Internal Audit Work Unit is appointed and dismissed carries out analysis and research in various fields such as
by the President Director with the approval of the Board finance, accounting and operations through on-site inspections
of Commissioners and the recommendation of the Audit and off-site monitoring. SKAI provides suggestions for
Committee. The Head of the Internal Audit Work Unit can be improvements and objective information to management. SKAI’s
dismissed by the President Director after approval from the responsibilities also include ensuring that the internal audit
Board of Commissioners, if he/she does not meet the auditor’s function is in accordance with the Internal Audit Professional
requirements or does not carry out his/her duties properly. Standards and the Internal Audit Code of Ethics.
PT Bank KB Bukopin Tbk Annual Report 2023 411
Page 412
Good Corporate Governance
AUTHORITY OF THE INTERNAL INTERNAL AUDIT WORK UNIT
AUDIT WORK UNIT INFORMATION SYSTEM
1. Access all relevant information about the Bank related to In supporting audit activities, SKAI has an Application System
the duties and functions of SKAI; to make it easier to do audits and conduct internal supervision
2. Communicate directly with the Board of Directors, Board functions based on the 2023 Audit Plan and to make it easier
of Commissioners and Audit Committee; for supervision in monitoring audit activities carried out by
3. Hold regular and incidental meetings with the Board of internal audit officers.
Directors, Board of Commissioners and Audit Committee;
4. Coordinate activities related to supervision with external INTERNAL AUDIT ORGANIZATIONAL
auditors; STRUCTURE AND NUMBER
5. Participate in strategic meetings without having voting OF EMPLOYEES
rights; The Internal Audit Work Unit in the Company is divided into 2
6. Propose changes to the Internal Audit Charter in accordance (two) Departments, namely:
with environmental developments related to internal audit 1. Branch & Regional Audit
to the President Director and the Board of Commissioners; a. Branch & Regional Audit Unit;
7. Allocate internal auditor resources; b. Branch & Regional Auditor;
8. Propose transfers, participate in education & training and c. Special Audit Unit;
professional certification programs for internal auditors; d. Special Auditor.
9. Use experts/specialists from outside the Company if 2. Professional Practices
necessary. a. Quality Assurance, Development & Data Analytics Unit;
b. Quality Assurance, Development & Data Analytics Staff;
SCOPE OF INTERNAL AUDIT c. Audit Methodology, Reporting & Support Unit;
d. Audit Methodology, Reporting & Support Staff
SKAI’s scope of work includes inspection and evaluation of the 3. HQ, IT & Subsidiary Audit
Company’s activities regarding: a. HQ Business & Operational Audit Unit;
1. Effectiveness, efficiency and adequacy of internal control b. HQ Business & Operational Auditor;
systems, risk management and sustainable governance. c. Finance & Subsidiary Audit Unit;
2. Reliability, effectiveness, integrity of processes and d. Finance & Subsidiary Auditor;
information management systems, including relevance, e. IT Infrastructure & Operation Audit Unit;
accuracy, completeness, availability and confidentiality f. IT Infrastructure & Operation Auditor ;
of data. g. IT Development Audit Unit
3. Compliance with statutory provisions. h. IT Development Auditor.
4. Quality of organizational performance.
SKAI activities as referred to in number 1 apply to the Company
as a whole including Subsidiary Companies, Branch Offices and
Company activities that are handed over to external parties.
412 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 413
Each Department is led by a Head of Department who is based at the Head Office with the number of staff according to needs.
President Director
Internal Audit
Branch & Regional Audit Professional Practices HQ, IT & Subsidiary Audit
Quality Assurance
Branch & Regional HQ, Business &
Development & Data
Audit Unit Operational Audit Unit
Analytics Unit
Quality Assurance
Branch & Regional HQ, Business &
Development & Data
Auditor Operational Auditor
Analytics Staff
Audit Methodolgy
Finance & Subsidiary
Special Audit Unit Reporting & Support
Audit Unit
Unit
Audit Methodolgy
Finance & Subsidiary
Special Auditor Reporting & Support
Auditor
Staff
IT Infrastructure &
Operation Audit Unit
IT Infrastructure &
Operation Auditor
IT Development Audit
Unit
IT Development Auditor
POSITION OF THE INTERNAL AUDIT WORK UNIT IN
THE ORGANIZATIONAL STRUCTURE
The Internal Audit Work Unit (SKAI) is an independent function that is directly responsible to the President Director and Board
of Commissioners through the Audit Committee. SKAI is one element of the Internal Control System which is at the third layer
in the three Lines of Defense which has the function of assisting Management in achieving the Company’s objectives through
independent assessment of internal control, risk assessment and corporate governance.
PT Bank KB Bukopin Tbk Annual Report 2023 413
Page 414
Good Corporate Governance
SKAI PERSONNEL COMPOSITION
The Internal Audit Work Unit is supported by 38 employees, with the following details:
Positions Total Personnels
Head of Internal Audit Unit (SKAI) 1
Department Head 3
Manager 12
Auditor 17
QA & Audit Plan 4
Secretary of Head of Internal Audit Unit 1
Total 38
CERTIFICATION AS AN INTERNAL AUDIT PROFESSIONAL
Certification Total in person
Nasional Internal Audit Certification
Qualified Internal Auditor Lanjut 1 -
Qualified Internal Auditor Lanjut 2 2
Qualified Internal Auditor Lanjut Managerial 4
Certified Banking Internal Audit 11
Certified Banking Internal Audit Level Supervisor 5
Risk Management
Level 1 Risk Management Certification 14
Level 2 Risk Management Certification 11
Level 3 Risk Management Certification 4
Level 4 Risk Management Certification 1
Sertifikasi Audit Forensik
Certified Forensic Auditor (CFrA) 3
CODE OF ETHICS OF AUDITOR
In performing its functions and duties, SKAI also has an Auditor Code of Ethics which is stated in the Internal Audit Charter. The
Internal Audit Code of Ethics is the norms and principles regarding appropriateness and appropriateness that must be obeyed
and implemented by internal auditors, which at least includes the code of ethics for implementing internal audits as determined
by the internal audit professional association.
1. Independent
Internal auditors have independence in carrying out audit activities and investigative activities, expressing views and thoughts
in accordance with their profession and applicable standards.
2. Integrity
Internal auditors must do their work honestly, carefully, and responsibly.
3. Objectivity
Internal auditors are free from conflicts of interest regarding the objects or activities being examined.
4. Confidentiality
Internal auditors respect the value and ownership of the information they receive and do not disclose such information
without lawful authority, unless required by law or the profession.
5. Competence
Internal auditors apply the knowledge, skills and experience required to provide internal audit services.
6. Professionalism
Professionalism is a reference in audit activities, for this reason internal auditors have integrity, an independent, reliable,
firm, honest and trustworthy mental attitude.
414 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 415
DEVELOPMENT OF INTERNAL AUDIT COMPETENCY
The Company’s business activities are increasingly developing, requiring competency development for SKAI personnel to continue
to improve knowledge, skills and competencies that support the implementation of audits. Due to this, the Company’s SKAI
strives to provide continuous education for all Internal Audit personnel through the preparation of competency improvement
programs. The competency improvement program is implemented through training activities, workshops and professional
certification on both a national and international scale.
No Training Name Tanggal Date Organizer
1 Business Operation & Synergy Reg IV Workshop January 9, 2023 Internal House (Diklat) Learning Center (Jakarta)
2 E-Learning Induction, Anti-Fraud and AML CFT Jan, Oct, Dec 2023 Learning Management Jakarta
System (BPRIDE)
3 Remedial for E-Learning Induction Batch I February 1 -8, 2023 Learning Management Jakarta
System (BPRIDE)
4 Fraud Auditing Training I February 7-10, 2023 LPFA Jakarta
5 Risk Management Certification (SMR) Refreshment Feb, Sep 2023 MAISA Edukasi (BSMR) Jakarta
in 2023
6 Kick Off Shine Project February 22, 2023 Internal House (Diklat & IT)- Head Office (Jakarta)
(DXC)
7 Internal Audit Unit Workshop Mar, Nov 2023 Internal House (Diklat) Learning Center (Jakarta)
8 Swamitra Worshop April 5, 2023 Internal House (Diklat) Learning Center (Jakarta)
9 Fraud Auditing Training II April 11-14, 2023 LPFA Jakarta
10 BRD NGBS Workshop April 13-14, 2023 Internal House (Diklat) Jakarta
11 Internal Audit Unit Sharing Session May, Jun, Jul, Aug, Sep, Internal House (Diklat) Learning Center (Jakarta)
Oct 2023
12 Training Induction Batch II in 2023 May 8, 2023 Internal House (Diklat) Jakarta
13 Risk Based Internal Audit May 16-17, 2023 Ruang Seminar Jakarta
14 Training Root Cause Analyst May 22-23, 2023 IIA Indonesia Jakarta
15 Collective Labour Workshop June 5, 2023 Internal House (Diklat) Learning Center (Jakarta)
16 Compliance & Risk Group Sharing Session June 15, 2023 Internal House (Diklat) Ground FL KPO (Jakarta)
17 Training Quality Assurance For Internal Audit June 26-27, 2023 YPIA Hotel Amaris Pancoran
(Jakarta)
18 National Conference IAIB 23 July 12-13, 2023 IAIB Tangerang - Banten
19 Training Financial Reporting (ICOFR) August 8, 2023 Internal House (Diklat) - Learning Center (Jakarta)
Deloitee
20 Basic Excel Training August, December 2023 Internal House (Diklat) Learning Center (Jakarta)
21 Intermediate Excel Training August, December 2023 Internal House (Diklat) Learning Center (Jakarta)
22 Advanced Excel Training August, September, Internal House (Diklat) Learning Center (Jakarta)
December 2023
23 Training Induction Batch 3 (Induction, AML CFT & August 28 –September Internal House (Diklat) Jakarta
Anti-Fraud) 3, 2023
24 Training on Analysis of Consolidated Financial October 12-13, 2023 Info Bank Hotel Ashley Wahid Hasyin
Statements to Assess the Soundness Level of Banks (Jakarta)
25 NGBS-BE Budget Trf & App Batch 2 (October 24) October 24, 2023 Internal House (Diklat) Learning Center (Jakarta)
Training
26 NGBS-BE Budget Trf & App Batch 1 (October 25) October 25, 2023 Internal House (Diklat) Learning Center (Jakarta)
Training
27 NGBS Training September 11-15, 2023 Internal House (Diklat & IT)- Head Office (Jakarta)
(DXC)
28 Forensic Audit Training September 20-21, 2023 LPFA Jakarta
29 AML/CFT Prevention of Financing the Proliferation September 20-21, 2023 IAIB Indonesia Hotel JS Luwansa (Jakarta)
of WMD Pojk 8-2023 (Offline)
30 Certified Information System Auditor Training November 6-10, 2023 Andalan Jakarta
31 Data Analytics Training for Internal Auditors November 29-30, 2023 YPIA Jakarta
32 National Seminar on Internal Audit 2023 December 6-7, 2023 YPIA Bali
33 Credit Investigation Workshop December 7-8, 2023 Internal House (Diklat) Jakarta
34 Forensic Audit Certification December 11-13, 2023 LPFA Jakarta
PT Bank KB Bukopin Tbk Annual Report 2023 415
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Good Corporate Governance
IMPLEMENTATION OF DUTIES AND AUDIT FINDINGS IN 2023
Audit Method
SKAI carries out internal supervision functions based on the 2023 Audit Plan which has been prepared using a Risk Based Audit
approach with a focus on business processes and inherent risks and in implementing audits it is directed at areas that have high
risks which can hinder the achievement of business targets or operational activities.
Implementation of Audit Activities in 2023
The description of the 2023 audit implementation is as follows:
Realization until Des % Realization until Des
No General Audit Audit Plan until Des 2023
2023 2023
1 Head Office General Audit 7 12 171%
2 Branch General Audit 23 26 113%
3 IT General Audit 4 5 125%
4 Thematic Audit 6 6 100%
5 Audit of Subsidiary Companies 2 2 100%
6 Special Audit - 11 -
Total 42 62 148%
Audit Findings and Follow-up Results
KB Bank has followed up on the results of the Internal Audit examination during 2023 with a follow up percentage rate of 91%.
INTERNAL AUDIT WORK UNIT PERFORMANCE EVALUATION
An evaluation and review has been carried out by the Parker Russell International Accounting Firm which is registered as a
Public Accountant. Based on the results of a review of SKAI for the period of July 1, 2020 to June 30, 2023, the aim of which
is to ensure and believe in the compliance of SKAI’s internal audit activities with the provisions of POJK No. 1/POJK.03/2019,
International Professional Practices Framework (IPPF) and Bank Internal Audit Function Implementation Standards (SPFAIB).
From the results of the assessment of conformity with POJK, IPPF and SPFAIB standards, it was concluded that the implementation
of the Internal Audit function of PT Bank KB Bukopin Tbk of the 15 (fifteen) sub-areas reviewed, 11 (eleven) of them were concluded
to be Generally Conform (GC), 3 (three) of them were concluded as Partially Conform (PC), and 1 (one) was concluded as Not
Applicable (N/A) because the sub area was not implemented.
416 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 417
PUBLIC
ACCOUNTANT
Bank’s financial aspects is carried out by implementing External Audit examinations carried out by the Public Accounting Firm
(KAP). The External Auditor who will examine the Bank’s financial statements for the 2023 Fiscal Year is determined through
the Annual GMS based on recommendations from the Board of Commissioners and Audit Committee. The selection process is
carried out in accordance with the applicable procurement mechanism for goods and services. To ensure the independence
and quality of audit results, an External Auditor is appointed.
In 2023 KB Bank has appointed a Public Accounting Firm that has been registered with Bank Indonesia and OJK, namely the
Public Accounting Firm Mirawati Sensi Idris (Moore Global) to examine the Company’s books for the 2023 Fiscal Year.
PUBLIC ACCOUNTANT APPOINTMENT POLICY
Based on Article 6 of OJK Regulation no. 6/POJK.03/2015 concerning Transparency and Publication of Bank Reports has
stipulated that Financial Reports for the position at the end of December which are announced quarterly and annually must be
audited by a Public Accountant registered with the OJK.
Restrictions on the use of audit services for annual historical information from the same Public Accountant for a maximum
of 3 (three) consecutive Fiscal Years, this is in accordance with OJK Regulation No. 13/POJK.03/2017 concerning the Use of
Accounting Services and Public Accounting Firms in Financial Services Activities dated March 27, 2017.
NAME AND YEAR OF PUBLIC ACCOUNTING FIRM AND PUBLIC ACCOUNTANT
THAT AUDITED ANNUAL FINANCIAL REPORTS FOR THE LAST 5 (FIVE) YEARS
Name of Public
Fee Period
Year Public accounting firm Accountant Period Opinion Izin KAP
(Rp)
(Accountable Partner)
2023 Mirawati Sensi Idris Denny Susanto 1 year 2.430.000.000 Fair in all No.327/
material KM.1/2023
respects
2022 Kosasih, Nurdiyaman, Mulyadi, Denny Susanto 1 year 1.700.000.000 Fair in all No. 854/
Tjahjo & Rekan material KM.1/2015
respects
2021 Kosasih, Nurdiyaman, Mulyadi, Denny Susanto 1 year 1.600.000.000 Fair in all No. 854/
Tjahjo & Rekan material KM.1/2015
respects
2020 Kosasih, Nurdiyaman, Mulyadi, Mulyadi 1 year 1.600.000.000 Fair in all No. 854/
Tjahjo & Rekan material KM.1/2015
respects
September 2020, Fair in all No. 854/
30 (Limited 1.100.000.000 material KM.1/2015
Review) respects
2019 Amir Abadi Jusuf, Aryanto, Dedy Sukrisnadi 1 year 2.950.000.000 Fair in all No. 477/
Mawar dan Rekan material KM.1/2015
respects
OTHER SERVICES PROVIDED BY PUBLIC ACCOUNTING FIRMS
AND PUBLIC ACCOUNTANTS APART FROM ANNUAL FINANCIAL
REPORT AUDIT SERVICES IN THE LAST FISCAL YEAR
As of December 31, 2023, there are no other services provided by the Mirawati Sensi Idris (Moore Global) Public Accounting
Firm other than audit services for the 2023 Financial Report.
PT Bank KB Bukopin Tbk Annual Report 2023 417
Page 418
Good Corporate Governance
COORDINATION OF EXTERNAL AUDITORS AND AUDIT COMMITTEE
During the audit period, the Bank implements open communication by providing complete audit information and data to the
external auditor for audit purposes. Close collaboration is carried out to discuss the latest accounting policies and tax policy
developments so that the Bank’s Financial Reports can be presented fairly and accurately. Thus, an effective framework is
established between the Bank and external auditors to ensure integrity and transparency in the audit process.
This is in line with the Audit Committee Charter, Duties and Responsibilities of the Audit Committee, which, among other things,
states:
1. Provide independent opinions in the event of differences of opinion between Management and Accountants regarding the
services provided;
2. Provide recommendations to the Board of Commissioners regarding the appointment of Public Accountants and Public
Accounting Firms based on independence, scope of assignment and fees;
3. Review the implementation of audits by internal auditors (Internal Audit Work Unit), external auditors (Public Accounting
Firm) and Bank supervisory institutions (BI, OJK or other Authority Institutions) and supervise the implementation of follow-
up actions by the Board of Directors regarding these findings.
418 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 419
RISK
MANAGEMENT
Risk management is a vital element in a company’s strategy 5. Financial Services Authority Circular No. 27/SEOJK.03/2016,
to avoid the impact of risks that could disrupt business dated July 14, 2016 concerning Commercial Bank Business
continuity. This risk management function has a strategic Activities Based on Core Capital;
role in implementing business activities proactively and 6. Financial Services Authority Regulation no. 36/POJK.03/2017
anticipating potential risks in the future, thereby supporting dated July 12, 2017 concerning Prudential Principles in
the company’s growth and sustainability and providing added Capital Participation Activities.
value for shareholders. To face complex economic challenges, 7. Financial Services Authority Regulation no. 12/POJK.03/2021
both at the domestic and global levels, the company needs an dated July 30 2021 concerning Commercial Banks.
integrated and effective risk and capital management system.
DETERMINATION OF RISK
In an effort to manage risk well, the company mitigates potential MANAGEMENT POLICIES
risks from every aspect of its business. This includes steps AND PROCEDURES
to identify, measure, monitor and control risks that may arise.
To support this process, the company continues to develop Determination of Risk Management Policies and Procedures:
technology and management information systems that can 1. KB Bank Risk Management Policy is the highest rule in
manage various types of risks more effectively, as well as implementing risk management in all KB Bank business
continuing to improve the quality of human resources in terms activities. (Decree Letter No. 0149 of 2022 concerning KB
of implementing risk management. Bank Risk Management Policy).
2. Internal policies and guidelines relating to risk management
By implementing consistent risk management, the company include:
ensures that every business process and operation is carried a. Bank KB Bukopin Credit Risk Management Policy;
out according to predetermined risk standards, thereby b. Bank KB Bukopin Market Risk and Liquidity Management
ensuring the company’s continuity and growth. Policy;
c. Bank KB Bukopin Operational Risk Management Policy;
BASIS FOR RISK MANAGEMENT d. Bank KB Bukopin Compliance Risk Management
IMPLEMENTATION Guidelines;
e. Bank KB Bukopin Legal Risk Management Guidelines;
In implementing risk management, the Company is guided by f. KB Bukopin Bank Reputation Risk Management
external regulations, including: Guidelines;
1. Peraturan Otoritas Jasa Keuangan (POJK) No. 18/Financial g. Bank KB Bukopin Strategic Risk Management Guidelines;
Services Authority Regulation (POJK) No. 18/POJK.03/2016 h. Guidelines for Implementing Credit Risk Stress Tests;
dated March 16, 2016 concerning the Implementation of i. Guidelines for Implementing Market Risk Stress Tests;
Risk Management for Commercial Banks; j. Guidelines for Implementing Liquidity Risk Stress Tests;
2. Financial Services Authority Circular (SEOJK) No. 34/ k. Guidelines for the Obligation to Fulfill the Liquidity
SEOJK.03/2016 dated September 1, 2016 concerning Coverage Ratio;
Implementation of Risk Management for Commercial Banks; l. Guidelines for Implementing the Calculation of the
3. Financial Services Authority Regulation no. 38/POJK.03/2017 Obligation to Fulfill the Net Stable Funding Ratio;
dated July 12, 2017 concerning the Implementation of m. Bank KB Bukopin Risk Appetite Policy;
Consolidated Risk Management for Banks that Exercise n. Mechanism for Measuring Risk for Providing Bank
Control over Subsidiary Companies; Products;
4. Financial Services Authority Circular No. 43/SEOJK.03/2017 o. Bank KB Bukopin Program Product Policy;
dated July 19, 2017 concerning Prudential Principles and p. Bank KB Bukopin Risk Management Committee Charter;
Reports in the Context of Implementing Consolidated Risk q. Bank KB Bukopin Capital Management Policy;
Management for Banks that Control Subsidiaries;
PT Bank KB Bukopin Tbk Annual Report 2023 419
Page 420
Good Corporate Governance
ORGANIZATIONAL STRUCTURE OF RISK MANAGEMENT
The organization and functions of KB Bank Risk Management are structured as follows:
Risk Management
Operational & IT Risk
Enterprise Risk Management Credit Risk Management
Management
Operational Risk
Risk Policy & Credit Modelling Unit
RMC Unit Management Unit
Assessment Unit
Operational Risk
Credit Modelling Staff
Risk Policy & ManagementStaff
RMC Staff
Assessment Staff
Wholesale Credit Examination
Market & Liquidity Risk IT Risk Management Unit
Unit
Management Unit
Wholesale Credit Examination
IT Risk Management Staff
Market & Liquidity Risk Staff
Management Control Staff
Business Continuity Managament
Special Credit Examination Unit
Market & Liquidity Risk Unit
Management Analytics Staff
Business Continuity Management
Market & Liquidty Risk Special Credit Examination Staff
Staff
Management Middle Office
Staff
Regional Team Credit Examination
Unit
Regional Team Credit Examination
Staff
In an effort to implement effective risk management, the With a strong and integrated organizational structure, the
Company has designed a detailed organizational structure, Company can be more effective in managing risks arising from
which includes clear duties and responsibilities for each various aspects of its business activities, as well as ensuring
section. This structure is adapted according to the company’s compliance with applicable regulations.
objectives, business policies, as well as the size and complexity
of the company’s business activities. The Risk Management Division is a Risk Management Work Unit
in the Company which is led by the Division Head who reports
The Company recognizes the importance of risk management to the Director of Compliance and Risk Management. The
at every level and work unit. Therefore, the Company has Risk Management Division consists of several Departments/
built an inclusive organizational structure, which includes Units as follows:
various entities such as the Risk Monitoring Committee, Risk 1. Enterprise Risk Management Department
Management Committee, Risk Management Work Unit, Risk a. Market & Liquidity Risk Management Unit
Taking Unit, and Internal Audit Work Unit. b. Risk Policy & Assessment Unit
c. RMC Units
In the Bank’s organizational structure, there is a Risk 2. Operational & IT Risk Management Department
Management Work Unit and a Compliance Work Unit which a. Operational Risk Management Unit
act independently of business groups, operations and other b. IT Risk Management Unit
supporting divisions or departments (Risk Taking Unit). This c. Business Continuity Management Unit
work unit plays an important role in identifying, measuring, 3. Credit Risk Management Department
monitoring and controlling risks arising from business activities. a. Credit Modeling Unit
b. Wholesale Credit Examination Unit
Not only that, there is also a work unit responsible for internal c. Special Credit Examination Unit
control, namely the Internal Audit Work Unit. They have a key d. Regional Team Credit Examination Unit
role in ensuring that internal control standards and procedures
are applied consistently throughout the organization, as well The main task of the Risk Management Work Unit is to establish
as performing independent evaluations of the effectiveness risk management policies and procedures and carry out a
of the control system. series of processes to collect and test risk measurements
and reporting reported by risk owners. Determination of risk
management implementation policies is carried out through
the Board of Directors approval process.
420 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 421
DUTIES AND RESPONSIBILITIES OF THE RISK MANAGEMENT WORK UNIT
The authority and responsibilities of the Risk Management Work Unit include:
1. Develop and periodically review the overall risk management strategy and framework including risk management policies,
procedures and processes;
2. Monitor the implementation of risk management strategies, frameworks and policies recommended by the Risk Management
Committee and approved by the Board of Directors;
3. Recommend portfolio limits and ensure compliance with these limits;
4. Monitor overall risk exposure and per risk type;
5. Conduct stress testing to determine the impact of significant changes in macro conditions on the portfolio or overall Bank
performance;
6. Assess the risks of proposed bank products;
7. Evaluation of the internal accuracy of the model and validation of data used to measure risk;
8. Provide recommendations to business groups, operational groups and other supporting groups/divisions/departments (Risk
Taking Unit) and/or to the Risk Management Committee, according to their authority;
9. Prepare and submit risk profile reports to the Director of Compliance and Risk Management, President Director and Risk
Management Committee on a regular basis.
COMPETENCY DEVELOPMENT IN THE FIELD OF RISK MANAGEMENT
The competency development that members of the Risk Management Work Unit will participate in during 2023 is as follows:
No Training Name Period Organizer Location
1. Excel Training 2023 Finance Department Menara Sentraya KB Bank
2. Credit Risk Management Training December 6-7, 2023 LPPI LPPI in South Jakarta
Risk Weighted Assets for Market Risk November 2023 Risiko Manajemen Gagasan Mercure Hotel Jakarta
Induction Training December 2023 KB Bank E-Learning
5. Procurement Training January 2023 Lembaga Media Indonesia Menara Sentraya KB Bank
6. End User Training for Budget Expense October 2023 Finance Departemen Menara Sentraya KB Bank
7. Anti-Money Laundering, CFT and Anti Fraud October 23 - KB Bank E-Learning
Training November 03, 2023
8. Risk Management Certification (SMR) September 4-6, 2023 BSMR E-Learning
Refreshment Training Level 1-5
9. Finasta Project Shine W6 Training March 20-24, 2023 DXC 3rd Floor of KB Bank Head Office
10. Leadership for Managerial Training December 11-12, 2023 KB Bank Menara Sentraya KB Bank
RISK MANAGEMENT CERTIFICATION
Risk Management Certification
Certification Level Position Number of Employees
3 Depertemen Head DERM 1
4 Departemen Head DRTI 1
3 Departemen Head DMRK 1
2 Manager DERM 3
3 Manager DRTI 2
2 Manager DRTI 1
2 Manager DMRK 3
2 Staff DERM 2
1 Staff DRTI 1
1 Staff DMRK 13
RISK MANAGEMENT SYSTEM
The risk management system is implemented in an integrated manner through 4 pillars, which are:
PT Bank KB Bukopin Tbk Annual Report 2023 421
Page 422
Good Corporate Governance
PILLAR I ACTIVE SUPERVISION OF THE BOARD OF
COMMISSIONERS AND DIRECTORS
The implementation of Bank risk management, both individually and consolidated with Subsidiaries, involves active monitoring
and supervision from the Bank’s Board of Directors and Board of Commissioners. To support the effective implementation of risk
management, the Board of Directors and Board of Commissioners must understand risk, develop a risk culture and ensure that the
implementation of risk management is in accordance with the characteristics and complexity of the Bank’s and Subsidiaries’ businesses.
Based on Directors’ Decree No. 005 of 2019 concerning Guidelines and Work Rules for the Risk Monitoring Committee of PT
Bank KB Bukopin Tbk. The duties of the Risk Monitoring Committee include:
1. Create a work program or annual plan for the Risk Monitoring Committee and send it to the Board of Commissioners for
approval;
2. Evaluate the suitability of risk management policies with the implementation of company policies;
3. Monitor and evaluate the implementation of the duties of the Risk Management Committee and Risk Management Work Unit;
4. Evaluate the company’s management policies at least once a year with the Board of Commissioners;
5. Evaluate the implementation of the company’s risk management policy at least once every 3 months together with the
Board of Commissioners;
6. Evaluate the Governance Implementation Self Assessment Report;
7. Create, review and update the Risk Monitoring Work Committee Work Guidelines and Rules periodically;
8. Carry out other duties other than those mentioned above as assigned by the Board of Commissioners to the Risk Monitoring
Committee in accordance with its duties and functions from time to time as needed.
The implementation of the supervisory function of the Board of Commissioners is carried out through the Joint Meeting of
Directors and Commissioners forum, as well as in meetings of the Risk Monitoring Committee, Integrated Governance Committee
and Audit Committee.
In connection with this, the Risk Monitoring Committee periodically holds meetings and provides recommendations for improvements
which are submitted in the minutes. The Risk Monitoring Committee meetings with discussion of the Risk Profile Report have been
held 11 (eleven) times throughout 2023. Apart from discussing the Risk Profile, issues related to risk management implementation
activities including approving appropriate risk management policies, strategies and frameworks have also been discussed. with
the level of risk to be taken (Risk Appetite) and risk tolerance (Risk Tolerance) as well as performing regular evaluations of Risk
management activities. The following are the Risk Monitoring Committee meetings held throughout 2023:
No Date Agenda
1 January 06, 2023 • Update on Human Capital Development Matrix & Performance Assessment
• Update on the Development of Customer Data and KYC (Know Your Costumer) Update
• Discussion of Risk Profile Report for December 2022
• Discussion of Policy Development and Readiness of BCM (Business Continuity Management), BCP
(Business Continuity Plan), DRP (Disaster Recovery Planning)
2 January 27, 2023 • Discussion of the Risk Profile Assessment Report of PT Bank KB Bukopin Tbk for the fourth quarter of 2022.
• Others
3 February 24, 2023 • Discussion of Risk Profile Assessment Report of PT Bank KB Bukopin Tbk January 2023
• Discussion of Quarterly Stress Test
4 April 28, 2023 • Discussion of the Risk Profile Assessment Report of PT Bank KB Bukopin Tbk 1st Quarter 2023
5 May 26, 2023 • Discussion of Risk Profile Assessment Report April 2023
• Discussion of Bottom-up Stress Test Market, Solvency & Sensitivity
• Discussion of Covid-19 Stress Test Q1 2023
6 July 06, 2023 • Discussion of Risk Profile Assessment Report of PT Bank KB Bukopin Tbk May 2023
7 July 14, 2023 • Discussion of Risk Profile Assessment Report of PT Bank KB Bukopin Tbk Q2-2023.
• Others
8 August 23, 2023 • Discussion of Credit, Market and Liquidity Stress Test.
• Discussion of New Market RWA Basel III
• Discussion of PT Bank KB Bukopin Risk Profile Assessment Report July 2023
9 September 20, 2023 • Discussion on Follow-Up progress of OJK findings. Discussion of Risk Profile
• Assessment Report of PT Bank KB Bukopin Tbk August 2023
10 October 27, 2023 • Discussion on the progress of OJK Follow Up Findings
• Discussion of the Risk Profile Assessment Report of PT Bank KB Bukopin Tbk Q3-2023.
11 November 24, 2023 • Discussion on the progress of OJK Follow Up Findings Discussion of Risk Profile
• Assessment Report of PT Bank KB Bukopin Tbk October 2023
To ensure that the implementation of Risk Management runs effectively, the Company relies on the established Risk Governance.
This Risk Governance functions as a clear basis for organizing roles and responsibilities, decision-making processes, and
relationships between various Risk management functions throughout the company.
422 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 423
In Risk Governance, each function has a well-defined role in risk c. NSFR Strengthening Management (for information)
management. This includes identifying, assessing, monitoring d. Monitoring of Stress Test Action Plans (for information)
and controlling risks at various levels and work units. In addition, 8. November 22, 2023 with the agenda:
Risk Governance also establishes structured and coordinated a. Matters Arising from Previous RMC (for information)
decision-making procedures to manage risks effectively. b. Stress Test Credit Risk, Market, Liquidity (for approval)
c. NSFR Strengthening Management (for information)
The relationship between Risk management functions is also 9. December 20, 2023 with the agenda:
carefully regulated in Risk Governance. This aims to ensure that a. Matters Arising from Previous RMC (for information)
every decision related to Risk is considered holistically, taking b. NSFR Strengthening Management (for information)
into account its impact on the entire company. In addition, the c. Monthly Position Risk Report November 2023 (for
policies required to manage risk effectively are also determined information)
and implemented in accordance with the established Risk
Governance Code. PILLAR II ADEQUACY OF
POLICIES, PROCEDURES AND
SUPERVISION OF THE LIMIT DETERMINATION
BOARD OF DIRECTORS
PILLAR II Adequacy of Policies, Procedures and Determination
The implementation of the Board of Directors’ supervisory of Limits Formulation of Adequacy of Policies, Procedures
function is carried out through the Board of Directors Meeting and Determination of Limits is available and in line with the
(Radir) and Risk Management Committee Meeting (KMR) Bank’s vision, mission and business strategy, and is carried
forums, as follows: out by taking into account, among other things, the type and
1. February 21, 2023 with the agenda: complexity of business, risk profile, level of risk to be taken
a. RWA Basel III Implementation (for information) and risk tolerance as well as statutory regulations and other
b. Stress Test Q4-2022 (Credit, Market & Liquidity) (for provisions that do not conflict with applicable regulations in
information) Indonesia, which have been stipulated in the Decree concerning
c. Peers Comparison Q3-2022 (for information) KB Bank Risk Management Policy.
d. Operational & IT Risk Update (for information)
2. April 5, 2023 with the agenda: 1. Bank Risk Management Strategy
a. Risk Profile Guideline Annual Report (for information) The Bank’s risk management strategy, both individually and
b. Risk Monthly Report as February 2023 (for information) consolidated, is prepared for long-term objectives to ensure
c. Operational & IT Risk Update (for information) business continuity, achieve expected capital adequacy
3. 3. May 30, 2023 with the agenda: and comprehensively control and manage the Bank’s risks.
a. Disaster Policy (for approval)
b. BUST: Solvency, Sensitivity & Liquidity (for approval) The Bank’s risk management strategy is prepared by
c. Risk Monthly Report as of April 2023 (for information) considering economic development factors, adequacy
4. July 24, 2023 with the agenda: of human resources & infrastructure, the Bank’s financial
a. - Quarter II 2023 Risk Profile Report (for approval) condition, diversification of the Bank’s portfolio, as well as
5. August 21, 2023 with the agenda: the application of sustainable finance principles. The Bank
a. Matters Arising from Previous RMC (for information) periodically reviews its risk management strategy.
b. KMR Charter (for approval)
c. Stress Test Credit, Market, Liquidity (for approval) 2. Risk Management Policies and Procedures
d. New Market ATMR; Basel III (for information) The Bank’s Risk Management Policy was established
e. Monthly Position Risk Report July 2023 (for information) to ensure that the Bank maintains risk exposure that
6. 6. September 22, 2023 with the agenda: is consistent with internal policies and procedures as
a. Matters Arising from Previous RMC (for information) well as external regulations, laws, regulations and other
b. Program Product Policy (for approval) related provisions, and is managed by officials who have
c. Stress Action Plan Monitoring (for information) knowledge, skills and expertise in risk management, in line
d. NSFR Strengthening Management (for information) with level of business complexity.
e. Monthly Position Risk Report August 2023 (for
information) Risk management policies for each type of risk are made by
7. October 18, 2023 with the agenda: referring to the Bank’s Risk Management Policy document,
a. Matters Arising From Previous RMC (for information) OJK regulations and other provisions. The Risk Management
b. Quarter III 2023 Risk Profile Report (for information) Division is responsible for coordinating it centrally.
Meanwhile, risk management procedures and guidelines
must be created by work units in the Bank and prepared
in accordance with the Bank’s risk management policy,
prudential principles and relevant applicable regulations.
PT Bank KB Bukopin Tbk Annual Report 2023 423
Page 424
Good Corporate Governance
3. Determination of Risk Limits f. Make improvements to the measurement methodology
a. Risk Appetite Statement if there are significant changes to material factors that
The Bank has limits set in accordance with the level of influence risk.
risk to be taken, risk tolerance and business strategy in g. Performing regular stress testing, namely a process
the form of a Risk Appetite Statement and has received of estimating potential economic losses in abnormal
approval from the Board of Commissioners. market conditions, which allows the Bank to assess
b. Limits the impact on the Bank’s income and capital.
Determination of risk limits includes, among others: h. Carrying out regular Backtesting to test the Bank’s
i) Overall limit; internal models.
ii) Limits per risk type; And i. Have a measurement or assessment mechanism for
iii) Limits per certain functional activities that have the materiality of increased risk exposure from Bank
risk exposure. Product development.
4. Implementation of Policies, Procedures and Limit 3. Risk Monitoring
Determination In monitoring risk, each work unit in the Bank must do the
Risk awareness and compliance with policies, procedures following:
and risk limits must be the way of thinking of all parties a. Have a clear procedure to monitor risk exposure, risk
involved in implementing the risk management framework. tolerance, limits, Stress Testing results and consistent
implementation of established policies and procedures.
b. Have an early warning system to identify changes in risk
PILLAR III ADEQUACY OF profile or exceedance of limits so that corrective action
RISK IDENTIFICATION, can be taken immediately to minimize potential losses.
MEASUREMENT, MONITORING c. Report monitoring results including portfolio reviews
AND CONTROL PROCESSES, AS to Bank management periodically in the context of
WELL AS RISK MANAGEMENT risk mitigation.
INFORMATION SYSTEMS d. Improve the reporting process if there are material
changes to the Bank’s business activities, products,
This process must be supported by a timely management transactions, risk factors, information technology and
information system and accurate and informative reports risk management information systems.
regarding the bank’s risk exposure, functional activity e. Have an effective back-up system and procedures to
performance and financial condition. prevent disruptions in the risk monitoring process. Back-
up systems and procedures are reviewed periodically.
1. Identify Risks 4. Risk Control
The steps in risk identification include: In controlling risk, each work unit in the Bank must do the
a. Understand the business and analyze various inherent following:
risks. a. Have a control process to manage certain risks that
b. Identify potential sources of risk in Bank products and can endanger business continuity.
activities on a regular basis. b. The risk control process implemented must be adjusted
c. Evaluate the likelihood and impact of losses. to risk exposure, Risk Appetite and Risk Tolerance.
d. Ensure the availability of methods or systems to identify c. Ensure the availability of policies and procedures to
risks. manage and control risks.
2. Risk Measurement d. Ensure that all new products and/or developments will
Risks must be measurable so that the adequacy of reserves only be marketed after going through an adequate
and the ability of capital to absorb the resulting risks can review of all risk areas and documented in the Product
be determined. The important steps to establish a risk program and only if regulatory approval has been
measurement process are: obtained (especially products that require approval
a. Place officials who are experts and experienced in from the regulator).
determining how risk is measured. e. Have a back-up system and procedures to handle and
b. Create an appropriate methodology or model for monitor risks in the event of system failure.
each type of risk. The methodology or model must be f. Assets and Liabilities Management (ALMA) is
documented. implemented by the Bank to control interest rate risk,
c. Have adequate risk measurement applications and also exchange rate risk and liquidity risk.
know the limitations of the technology.
d. Test actual results compared to predicted results to
validate the methodology or model.
e. Conduct regular reviews regarding the suitability of
assumptions, data sources and procedures used to
measure risk.
424 Annual Report 2023 PT Bank KB Bukopin Tbk
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g. Other risk controls can be carried out through the In implementing Pillar 2 of Basel II, the compatibility of
mechanism of board of directors meetings through measurements carried out by the Bank (with the Internal Capital
the Risk Management Committee (KMR), or through Adequacy Assessment Process/ICAAP framework) with the
other discussion meetings. Financial Services Authority (with the Supervisory Review and
Evaluation Process/SREP framework) is something that needs to
5. Risk Management Information System be considered to minimize assessment gaps and further improve
Banks individually and consolidated with Subsidiaries must the risk management process.
have an adequate risk management information system to
carry out the process of identifying, measuring, monitoring, KB Bank continues to make improvements, including through
controlling and reporting risk exposure, both in aggregate/ reviewing the determination of ranking categorization in
composite and risk exposure based on the type of risk each assessment of parameters/indicators for each type of
inherent in business activities and Bank operations. This risk, ensuring the data sources used for each assessment of
system must be documented and reviewed periodically. parameters/indicators for each type of risk and reviewing the
level of significance of an event or findings. /examination and
PILLAR IV INTERNAL its impact on the overall Risk Profile Rating.
CONTROL SYSTEM
In general, KB Bank KPMM level is always managed carefully
The application of internal control in risk management includes: to be able to mitigate the level of risk faced in all conditions,
1. Suitability of the internal control system with the type and through implementing effective risk management in accordance
level of risk inherent in the Bank’s business activities. with business developments and business complexity as well as
2. Determination of authority and responsibility for monitoring ensuring the establishment of strategies to maintain adequate
compliance with risk management policies and procedures, capital levels at KB Bank. to support business continuity, business
as well as determining risk limits. development and growth in profit levels.
3. Establishment of reporting lines and clear separation of
functions from operational work units to work units that Pillar 3 Basel II
carry out control functions. By paying attention to Financial Services Authority Regulation
4. Organizational structure that clearly describes the Bank’s no. 6/POJK.03/2015 concerning Transparency and Publication
business activities. of Bank Reports and Financial Services Authority Regulation no.
5. Accurate and timely reporting of financial and operational 32/POJK.03/2016 concerning Amendments to Financial Services
activities. Authority Regulation No.6/POJK.03/2015 concerning Transparency
6. Adequacy of procedures to ensure the Bank’s compliance and Publication of Bank Reports, there is several report contents,
with regulations and legislation. especially those related to risk management, including disclosure
7. Effective, independent and objective review of the Bank’s of each type of risk, potential losses (risk exposures) faced by
operational activity assessment procedures. the Bank, risk management practices implemented by the Bank,
8. Adequate testing and review of the risk management and disclosure of liquidity adequacy ratio reports. In general,
information system. KB Bank has disclosed this in the KB Bank annual report and
9. Complete and adequate documentation of operational publications on the KB Bank website. The Bank will continue to
procedures, scope and audit findings, as well as Bank improve database development, information systems and risk
management responses based on audit results. management so that it can produce increased disclosure and
10. Periodic and continuous verification and review of the comply with pillar 3 of Basel II.
Bank’s handling of material weaknesses and the actions of
the Bank’s management to correct deviations that occur. Basel III-Liquidity Coverage Ratio and Net Stable
Funding Ratio
IMPLEMENTATION OF BASEL In connection with the implementation of Basel III, the Financial
IMPLEMENTATION Services Authority has issued Financial Services Authority
Regulation no. 42/POJK.03/2015 dated December 23, 2015
Pillar 2 of Basel II concerning the Obligation to Fulfill the Liquidity Coverage
As part of the implementation of Pillar 2 of Basel II, KB Bank has Ratio for Commercial Banks and Financial Services Authority
carried out an internal capital adequacy assessment process Regulation no. 32/POJK.03/2016 concerning Amendments to
(ICAAP) which is submitted every semester, namely in the form Financial Services Authority Regulation no. 6/POJK.03/2015
of a KPMM Calculation Report according to the Risk Profile. In concerning Transparency and Publication of Bank Reports.
addition, KB Bank has carried out a self-assessment of the Bank’s The Company has reviewed the Liquidity Coverage Ratio (LCR)
Health Level using a Risk-based Bank Rating (RBBR) approach Calculation Guidelines contained in Board of Directors’ Circular
with the scope of the assessment covering the following factors: Letter No. SE/004/DIR/I/2019 concerning Guidelines for the
Risk Profile, Good Corporate Governance (GCG), Profitability Obligation to Fulfill the Liquidity Coverage Ratio dated January 14,
(Earnings) and Capital (Capital) to produce a Bank Health 2019 and Guidelines for Calculating the Net Stable Funding Ratio
Composite Rating. (NSFR) as contained in Directors’ Circular Letter No. SE/241/DIR/
XII/2018 concerning Guidelines for Implementing the Calculation
of the Obligation to Fulfill the Net Stable Funding Ratio dated
December 21, 2018.
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Good Corporate Governance
The obligation to fulfill the LCR is carried out in stages, where the RISK PROFILE AND MANAGEMENT
stage for Banks included in the BUKU 3 group is 70% (seventy
percent) from June 30, 2016; 80% (eighty percent) since June Companies are required to prepare a Risk Profile Report, in line
30, 2017; 90% (ninety percent) since December 31, 2017; and with the provisions in Financial Services Authority Regulation
100% (one hundred percent) since December 31, 2018. (POJK) No. 18/POJK.03/2016 and POJK no. 38/POJK.03/2017,
both individually and consolidated. This report is prepared
KB Bank has submitted monthly LCR reports (individual and quarterly for March, June, September and December, with
consolidated) to the Financial Services Authority and published comparative comparisons to the previous quarter.
quarterly LCR reports (individual and consolidated) on the KB
Bank website. In addition, KB Bank has managed and monitored The Risk Profile Report must be submitted to the Financial
the level of liquid assets and Liquidity Coverage Ratio (LCR) on a Services Authority (OJK) no later than 15 working days after
daily basis by paying attention to limits as part of implementing the end of the reporting month for individual reports, and the
liquidity risk management. end of the month after the reporting month for consolidated
reports. The contents of the report submitted to OJK must be
Matters of concern in implementing measurements according to in line with the substance of the Risk Profile Report provided
the Basel III framework include, among other things, information to the President Director and Risk Management Committee
system readiness and database availability, periodic reviews by the Risk Management Work Unit.
of policies and procedures at the Bank in implementing
measurement and monitoring of liquidity ratios based on the Self assessment Risk Profile for Quarter IV 2023 prepared
Basel III framework. based on December 2023 data (unaudited). Overall, the
inherent risk level rating of KB Bank Risk is Rank 2 (Low to
In accordance with POJK No. 50/POJK.03/2017 concerning the Moderate), with the risk ranking details being that all composite
Obligation to Fulfill the Net Stable Funding Ratio, starting from risks are at Rank 2 (Low to Moderate).
January 2018 KB Bank has monitored the fulfillment of the net
stable funding ratio. In line with the provisions of the Financial Services Authority,
the Bank always carries out risk management for 8 (eight)
The implementation of the NSFR framework is inseparable from types of risk, namely: credit risk, market risk, liquidity risk,
the LCR framework and is complementary as a tool for measuring operational risk, legal risk, reputation risk, strategic risk and
Bank liquidity risk, where compliance with LCR standards aims compliance risk.
to increase the short-term resilience of KB Bank liquidity risk
profile by ensuring that KB Bank has High Quality Liquid Assets. Credit Risk
(HQLA) which is adequate to survive during a significant stress Credit risk is the risk resulting from the failure of debtors and/
scenario period in the next 30 days, while meeting the NSFR or other parties (counterparties) to fulfill their obligations to
standard aims to reduce funding risk for a longer period by the Bank. Credit risk managed by KB Bank is not only related
requiring banks to fund their activities with adequate stable to credit distribution but also other credit risk exposures
funding sources in order to mitigate stress risk. on future funding. such as placements, purchases of securities and investments
which are managed comprehensively both at the portfolio
In order to increase the quality and quantity of capital in and transaction levels. KB Bank has credit guidelines that
accordance with the implementation of Basel III, especially regulate policies and procedures for providing credit to the
aspects of common equity tier I, conservation buffer, SME, Wholesale and Retail segments, as well as policies
countercyclical buffer and leverage ratio, KB Bank has prepared and procedures for interbank placements and trade finance
strategic steps to strengthen capital to support the achievement activities. These credit guidelines are reviewed and refined
of business plans. periodically, both based on general policies and guidelines
for each business, while remaining based on the principles
Basel III – Interest Rate Risk in The Banking Book of independent risk management in accordance with Bank
(IRRBB) Indonesia and Financial Services Authority regulations as well as
In order to improve KB Bank ability to manage market risk, other external regulations as well as risk management policies
especially interest rate risk, namely risk originating from related to lending.
movements in interest rates in the market that are contrary
to the position of the banking book which has the potential to The approval process for facilities with credit risk exposure is
have an impact on the Bank’s capital and income, both now and carried out based on the principle that each facility must be
in the future. future (Interest Rate Risk in The Banking Book/ processed through the Credit Committee (or similar committee).
IRRBB), KB Bank has currently calculated and implemented the The composition and number of committee members may vary
IRRBB, which is reported quarterly to the OJK. according to the number and type of facilities proposed. For
credit risk exposure with a value that is considered significant
for the Bank, it is carried out through a tiered Credit Committee
process referring to the credit risk limitation authority possessed
by the Credit Committee members. To improve the quality of
credit decisions, credit proposals are submitted by Credit
426 Annual Report 2023 PT Bank KB Bukopin Tbk
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Underwriting which is independent, separate from the business economic value of banking book positions, which are caused by
organizational structure, and submitted after a debtor feasibility changes in interest rates. Exchange rate risk is the risk resulting
analysis process. from changes in the value of trading book and banking book
positions caused by changes in foreign exchange rates.
A credit risk management system has also been implemented Control of foreign exchange rate risk and Bank interest rate
in various aspects of credit risk management. These systems risk in the trading book is carried out, among other things,
include SME Credit Tools and Wholesale Credit Tools for through risk analysis and limits for trading activities which
the SME segment and Wholesale segment and a credit risk include Money Market, Foreign Exchange and Fixed Income
scoring model for retail credit. KB Bank continuously makes Securities (securities) transactions. Apart from that, a daily
the necessary efforts to perfect the model. mark to market process is carried out, and monitoring of the
Net Open Position for this position.
KB Bank continuously manages its credit risk through
determining and evaluating credit processes and policies, By considering the composition of KB Bank portfolio, managing
setting and evaluating limits, which is supported by a regular interest rate risk in the banking book is the focus of KB Bank
reporting mechanism to the Board of Directors and Board of attention because the banking book position is very significant
Commissioners. The Bank also continues to make improvements when compared to the trading book position. This is done,
related to Bank Indonesia policies in implementing Basel, among other things, by paying attention to the gap position
especially in implementing the Standardized Approach to of the Bank’s assets and liabilities which are sensitive to
Credit Risk. interest rate movements and the tendency of movements
in the Bank Indonesia Monetary Policy Rate in the form of
Another thing that is an important key in managing credit risk the BI 7-day (Reverse) Repo Rate as well as market interest
is the human resource factor. Increasing competency in credit rates which can affect stability. Bank KB Bukopin’s profitability
risk management is a main concern by providing training to level. Risk measurement in the banking book is carried out
both Account Officers as risk owners and staff related to the using the Interest Rate Risk Model with a repricing profile gap
credit risk analyst function. methodology and using a scenario of interest rate movements
up to a certain level so that potential losses can be identified
To increase the reliability of the credit risk management which could impact Bank KB Bukopin’s profitability and capital.
process, KB Bank continues to conduct studies on design Foreign currency exchange rate risk assessment is carried
and infrastructure in the credit process by continuing to out by taking into account PDN and foreign currency volatility
improve the application of aspects of independence in credit managed by KB Bank, with risk control carried out through
decisions (four eyes principle) and the principle of prudence monitoring foreign exchange transaction mutations in all branch
(prudential banking). KB Bank carries out back testing offices and business units. Monitoring and evaluation of limits
periodically for validation, refinement and development of related to market risk is carried out periodically in accordance
credit risk measurement models. The credit risk measurement with the internal conditions of KB Bank, Bank Indonesia and
model includes the SME, Wholesale and Retail segment OJK regulations.
measurement models. KB Bank also conducted studies to
ensure the implementation of Risk Appetite and Risk Tolerance In measuring risk by taking into account various risk factors, KB
for each business. Bank carried out stress tests with several scenarios, including
the worst case scenario (Beyond Severe Scenario). This is
Furthermore, KB Bank carried out a stress test using a intended to determine the level of Bank KB Bukopin’s ability
macro-related approach (or called macro bottom up stress to deal with various levels of movement and abnormal market
testing) which pays attention to external risk factors such as conditions. The stress test is carried out by taking into account
developments in macroeconomic conditions that can affect the Guidelines for Implementing Market Risk Stress Tests.
customer quality, including by applying a worst case scenario
(Beyond). Severe Scenario). This is aimed at determining KB Liquidity Risk
Bank capital adequacy if credit quality deteriorates. Liquidity risk is the risk resulting from the Bank’s inability to
meet maturing obligations from cash flow funding sources and/
Market Risk or from high quality liquid assets that can be collateralized,
Market risk is the risk on the balance sheet and administrative without disrupting the activities and financial condition of KB
account positions, including derivative transactions, due to Bank. The main objective of risk management for liquidity risk is
overall changes in market conditions, including the risk of to minimize the possibility of the Bank’s inability to obtain cash
changes in option prices. Market risk includes, among others, flow funding sources. To achieve this goal, in implementing
interest rate risk, exchange rate risk, equity risk and commodity liquidity risk management, Bank KB Bukopin carries out the
risk. The market risk variables that the Bank manages individually process of identifying, measuring, monitoring and evaluating
in this case are interest rates and exchange rates. Interest rate liquidity risk on a daily basis, among others, through collecting
risk is the risk resulting from changes in the price of financial data related to controlling liquidity risk, including, among other
instruments from trading book positions or due to changes in the
PT Bank KB Bukopin Tbk Annual Report 2023 427
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Good Corporate Governance
things, fulfilling the Minimum Statutory Reserve and the position consolidated) reports to the Financial Services Authority and
of the Intermediation Ratio. Macroprudential (RIM), liquid assets published quarterly LCR reports (individual and consolidated)
position, liquidity coverage ratio (LCR), and net stable funding on the KB Bank website. The position of KB Bank LCR ratio for
ratio (NSFR) as well as submitting regular reports covering the the fourth quarter of 2023 individually is 129.92%, while on a
liquidity risk position of KB Bank. consolidated basis it is 119.62%.
To ensure KB Bank ability to fulfill its obligations to customers/ In accordance with POJK No. 50/POJK.03/2017 concerning the
counterparties, KB Bank implements liquidity management through Obligation to Fulfill the Net Stable Funding Ratio, currently KB
allocation of placements in Primary Reserves and liquid assets Bank has monitored the fulfillment of the net stable funding ratio.
based on certain criteria and limits. The Bank has an Emergency The NSFR ratio until the end of Quarter IV 2023 individually was
Funding Plan Policy, which contains steps that must be taken 104.39%, while on a consolidated basis it was 103.74%. This ratio
by KB Bank in anticipating and dealing with changes in daily is above the minimum limit that must be maintained, namely 100%.
liquidity conditions so that KB Bank can continue to fulfill all agreed
financial obligations in a timely manner and maintain continuity. Operational Risk
KB Bank business processes. Reviews of policies, systems and Management of operational risks inherent in all of the Company’s
procedures related to liquidity risk management are carried out activities aims to minimize losses for the Company by focusing
periodically in accordance with developments at KB Bank, Bank more on aspects of human resources and internal processes,
Indonesia regulations, Financial Services Authority regulations however operational risk management still pays attention to
and/or other external regulations. aspects of information systems/technology and external events
that influence the Company’s operations.
Management of daily liquidity conditions is carried out by the
Treasury Unit and external and macroeconomic changes that The concern of each individual in all functions regarding the
occur are immediately informed and internal strategies and risk responsibilities inherent in each function is continuously
policies are adopted, including through the Assets and Liabilities improved and improved in order to have a good understanding
Management Committee (ALCO) mechanism. of risk management.
In measuring risk, KB Bank has carried out historical and Risk control is carried out by each function with the existence of
hypothetical stress tests by applying the worst case scenario policies and guidelines or procedures for each activity in each
(Beyond Severe Scenario). This is intended to determine the level function whose availability is thoroughly ensured in accordance
of KB Bank ability to fulfill its obligations in all crisis conditions, with the Company’s business developments.
as well as the mitigation that must be carried out in relation to
these conditions. As a basic assumption used in the stress test The risk management process is reflected in various activities
related to the projection of outgoing funds from withdrawals of including:
third party funds by customers, KB Bank monitors the movement 1. Identify operational risks through data/information analysis
of TPF on a daily, weekly and monthly basis to determine the level from various sources, including:
of deposition of third party funds. The stress test is carried out by a. Results of risk analysis for each business process that
taking into account the Guidelines for Implementing Liquidity Risk has potential risks;
Stress Tests. Apart from that, to determine the level of KB Bank b. Data analysis by identifying the possibility and impact of
ability to obtain funding sources in normal and crisis conditions, operational risk for each operational activity through the
KB Bank KB also monitors the level of market access on a daily results of independent risk measurement (risk control
basis, including through monitoring inter-bank loans, forex SWAP, self-assessment);
sales of securities, Repo letters value and utilization of loans c. Analysis by identifying risks based on loss event data
from other parties. (Loss Event Database);
d. Analysis of deficiencies or exceeding risk thresholds
In connection with the implementation of Financial Services based on the established Risk Appetite Statement
Authority Regulation no. 42/POJK.03/2015 concerning the (RAS);
Obligation to Fulfill the Liquidity Adequacy Ratio, namely the e. Risk cause analysis refers to findings or observations
Liquidity Coverage Ratio (LCR) for Commercial Banks where the (past data/events) based on the frequency and impacts
obligation to fulfill the LCR for Banks included in the BUKU 3 group that occur;
is carried out in stages since June 30, 2016, and also the Financial f. Performing risk issue mapping on certain activities/
Services Authority Regulation No. 32/ POJK.03/2016 concerning functions with a risk mitigation design;
Amendments to Financial Services Authority Regulation no. 6/ g. Actively and focused on every operational activity by
POJK.03/2015 concerning Transparency and Publication of Bank collecting existing risk issues.
Reports, KB Bank has submitted monthly LCR (individual and 2. Operational risk measurement is carried out based on risk
identification data in the form of:
a. Top High Risk Issue based on the results of independent
risk measurements;
428 Annual Report 2023 PT Bank KB Bukopin Tbk
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b. Top High Risk Issue based on audit findings; 2. Web-based Loss Event Data module used for historical loss
c. Loss events that have a high impact; data analysis where the results are directed at providing
d. Exceeding the threshold of several parameters that are information on risks that must be anticipated in the future
routinely monitored; or not recur;
e. Risk profile based on self-assessment and impact on 3. Key Risk Indicator (KRI) which consists of monitoring, the
health level. results of which will be used as an early warning system
3. Operational risk monitoring focuses on products, information indicator for the possibility of a risk event occurring.
technology and activities, including:
a. Risk Register Information Technology; Legal Risk
b. Risk Register e-channel; Management of the Company’s legal risks is in the context of
c. Risk Register for all work units; protecting the Company from risks resulting from legal claims and/
d. Product Complexity; or weaknesses in juridical aspects that could harm the Company.
e. Conduct a review of data on losses or events that have In managing legal risk, the Company established a Corporate
other risk impacts for the company. Legal Department with a focus on resolving legal claims, both
4. Risk control implemented includes: arising from third party lawsuits against the Company and the
a. Increasing the control function in each function through Company against third parties.
the implementation of tiered controls and implementing
SLAs; In addition, the Department is responsible for ensuring the
b. Increasing the control function by observing the quality strengthening of the Company’s position in all engagements
of compliance and discipline towards procedures in carried out and acting as Corporate Legal & Litigation in every
each activity; activity. In order to increase the effectiveness of actively
c. Increased control and monitoring regarding new managing legal risks, the Company’s Legal Department carries out
products and activities; discussions on risks or potential legal risks and their management,
d. Control operational risk by publishing a study/ including reassessing the effectiveness of the enforceability
opinion after conducting a review regarding policies, process to check the validity of rights in contracts and agreements
procedures, new activities, cooperation agreements, or discussions in other Control Forums. Increasing awareness of
products and Information Technology; legal risks and resolving legal problems is a priority so as not to
e. Monitor and control operational risks, including through cause losses to the Company.
discussion forums and meeting forums which are
submitted in the form of reports, analysis results and Reputational Risk
memorandums to functions/work units; Reputation Risk Management of reputation risk due to negative
f. Improving the quality of human resources to understand perceptions of the Company is consistently carried out by
and be able to manage risks according to their monitoring and controlling indications or complaints submitted
respective functions continuously; to the Company. The Company analyzes every customer
g. Risk management by implementing a Business complaint or negative perception conveyed through the
Contingency Plan in dealing with external events media to determine the cause and resolution. The Company
(disasters); established a special unit responsible for managing reputation
h. Conducting regular monitoring of the security of the risk, especially related to customer complaints which can be
information technology system used by the Company, submitted through the customer care unit.
including in every DRC testing activity.
Reputation risk management conveyed directly or through
In risk management, efforts are continuously made to increase online media and other media is always improved and mitigated
risk awareness, including: by analyzing the causes of events that have harmed the
1. Implementation of Control Self Assessment to measure Company’s reputation, for example negative perceptions,
operational risk for each function; violations of business ethics, customer complaints and others.
2. Increased risk awareness at all levels of the company In addition, the Company has set risk limits for handling
organization. customer complaints in the context of measuring, monitoring
and controlling reputation risk.
Risk Management Tools:
In order to manage operational risk, the Company applies,
among others:
1. Risk Control Self Assessment (RCSA) module for web-based
operational risk management which is used to identify,
measure and monitor risks in each work unit;
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Good Corporate Governance
Reputation risk control is carried out with a series of activities, RISK ASSESSMENT
including:
1. Routinely monitor the handling and resolution of every Individual and consolidated risk profile assessments are
complaint submitted to the Company; determined by combining the results of the Inherent Risk
2. Using an application that can monitor the customer assessment and Risk Management Implementation Quality
complaint resolution process which is equipped with a Assessment, which includes:
Service Level Agreement (SLA) that has been agreed upon 1. Risk Governance;
by all related units, namely the Complaint Tracking System 2. Risk Management Framework;
application; 3. Risk Management Process, Adequacy of Human Resources,
3. Increase all staff’s understanding of reputation risks that and Adequacy of Management Information Systems; And
can occur in every customer service activity; 4. Adequacy of the Risk Control System.
4. Increase the understanding of all staff regarding the
Company’s reputation risks inherent in every action and From the results of the self-assessment carried out by the
behavior while there and in carrying out their respective Company on its individual and consolidated Risk Profile which
functions. was submitted to the OJK in December 2023, the Company’s
overall risk predicate is at a composite risk level of Rank 2
Strategic Risk (P2). Overall, it appears that taking into account the business
Strategic risk management is carried out through monitoring activities carried out, the possibility of loss and the level of
and analysis as well as evaluation of the achievement of the inherent risk faced by the Company is classified as moderate
Company’s targets and goals in detail and regularly. Discussions and can still be covered by the Company’s capital. Likewise,
related to achieving company targets are coordinated directly from a quality perspective, the overall implementation of risk
from the Head Office through responsible officials in each management is adequate compared to potential risk events
region, and then continued to the branch level and each that may arise.
individual.
EFFORTS TO IMPROVE RISK CULTURE
Monitoring risk management strategies by measuring the
Company’s position both among the banking industry and As part of efforts to improve the quality of risk management
among peer groups, which is followed up with mitigation steps implementation, the Company continues to optimize the
for causes both internal to the Company and developments implementation of the Risk Monitoring Committee function to
in macroeconomic conditions that may have an impact on the support the effective implementation of the duties of the Board
Company’s business. of Commissioners, the implementation of the Risk Management
Committee at the Directors level along with the implementation
Compliance Risk of its supporting committees.
Compliance risk management related to risks inherent in the
Company in terms of statutory regulations, internal provisions
and other applicable provisions. Increasing compliance of RISK MANAGEMENT IMPLEMENTATION
all units and functions with the rules and regulations set by STRATEGY INITIATIVE IN 2023
the regulator is always monitored and controlled by a unit
that specifically monitors and simultaneously coordinates 1. Increasing the implementation of risk management by the
compliance risk control. Company is carried out in all aspects of the Company’s
business activities to ensure that the level of risk is managed
The Company always updates new regulations or provisions in accordance with the Company’s business strategy and
from regulators or related agencies by immediately aligning targets as set out in the Bank’s Business Plan for 2023. In
their implementation in the activities of each unit or function. order to support the Bank’s Business Plan for 2023, several
Compliance risk measurement refers to the results of identifying risk management strategies have been implemented. will
experienced events resulting from non-compliance by be implemented in line with efforts to achieve the 2023
calculating the magnitude of the risk of loss using accounting budget targets, including the following:
loss data. 2. Strengthening the adequacy of the risk management
framework.
3. Strengthen the implementation of risk management.
4. Increase risk awareness.
5. Encourage a risk culture in line with efforts to achieve the
Bank’s business strategy for 2024-2026.
430 Annual Report 2023 PT Bank KB Bukopin Tbk
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REVIEW OF THE EFFECTIVENESS OF RISK MANAGEMENT SYSTEM IMPLEMENTATION The Company always evaluates the effectiveness of the risk management system. In supporting the implementation of the Company’s strategic plan, these include: 1. Complete an addendum to the risk appetite policy to adapt to the Bank’s current business conditions. 2. Review risk management policies. 3. Review market and liquidity risk management policies. 4. Review capital management policies. 5. Review the risk management committee charter. MANAGEMENT STATEMENT ON THE ADEQUACY OF THE RISK MANAGEMENT SYSTEM KB Bank has evaluated the adequacy of the risk management system in 2023, including: 1. The Board of Directors evaluates the adequacy of risk management through regular reviews of current risk management policies and procedures, the adequacy of the risk management system, risk exposure reports and assessment of KB Bank risk profile. 2. The Joint Risk Monitoring Committee with the Board of Commissioners carries out the function of monitoring and evaluating the implementation of the risk management system carried out by the directors. PT Bank KB Bukopin Tbk Annual Report 2023 431
Page 432
Good Corporate Governance
INTERNAL
CONTROL SYSTEM
KB Bank emphasizes that the Internal Control System is a vital CONTROL ENVIRONMENT
element in bank management, being the main foundation for
healthy and controlled operations. In this context, the Internal The control environment reflects the overall commitment,
Control System not only aims to achieve bank performance behavior, concern and steps of the Board of Directors and
goals, but also to increase value for stakeholders, reduce the Board of Commissioners in conducting KB Bank operational
risk of loss, and ensure compliance with applicable regulations control activities. Bukopin’s control environment elements
and laws. include:
1. Adequate organizational structure;
The implementation of KB Bank Internal Control System is based 2. KB Bank leadership style and management philosophy;
on the COSO (Committee of the Sponsoring Organizations 3. Integrity and ethical values and competence of all
of the Treadway Commission) framework - Internal Control employees;
Integrated Framework. This framework provides comprehensive 4. KB Bank human resources policies and procedures;
guidelines for developing an internal control system that 5. Attention and direction from KB Bank management and other
includes operational and financial aspects, financial reporting, committees, such as the Risk Management Committee; And
operational effectiveness and efficiency, and compliance with 6. External factors that influence KB Bukopin’s operations and
regulations. the implementation of Risk Management.
By referring to the COSO framework, KB Bank ensures that CONTROL ASSESSMENT
its internal controls cover the aspects necessary to manage
risk effectively, optimize operational performance, and comply Risk Assessment at Bank KB Bukopin is a process that involves
with applicable legal and regulatory standards. the Board of Directors in identifying, analyzing and evaluating
the risks faced, with the aim of supporting the achievement of
CONTROL OBJECTIVES predetermined targets. This bank continuously identifies and
evaluates risks that have the potential to affect the achievement
1. Compliance with Provisions and Legislative Regulations of stated objectives.
(Compliance Objectives);
2. Intended to ensure that all KB Bank business activities are Apart from the Board of Directors, the risk assessment also
carried out in accordance with statutory provisions and involves internal auditors to ensure that the scope of the audit
regulations, both provisions issued by the government, the carried out covers risk aspects as a whole. This risk assessment
Financial Services Authority and internal policies, provisions process involves identifying the type of risk, establishing risk
and procedures stipulated by Bukopin; limits, and implementing appropriate risk control techniques. The
3. Availability of Complete, Accurate, Appropriate and Timely risk assessment methodology becomes a reference in creating
Financial and Management Information or Information risk profiles that are regularly documented, ensuring relevant
Objectives; and up-to-date data is available for appropriate decision making.
4. Intended to ensure the availability of complete, accurate,
effective and timely reports necessary for appropriate and CONTROL ACTIVITIES
accountable decision making;
5. Effectiveness and Efficiency in KB Bank Business Activities Control activities at KB Bank involve all employees, including
(Operational Objectives); the Board of Directors, to ensure effectiveness in controlling
6. Intended to increase effectiveness and efficiency in the the risks that have been identified. Controls that are well
use of assets and other resources in order to protect KB planned and implemented will provide confidence to officials
Bank from the risk of loss; and employees that the directions of the Board of Directors and
7. Increasing the Effectiveness of Risk Culture in the KB Bank Board of Commissioners have been implemented effectively.
Organization as a Whole (Risk Culture Objective);
8. Intended to identify weaknesses and assess deviations This control includes policies, procedures and practices designed
early as well as reassess the reasonableness of existing to provide confidence to all Bank staff that instructions and
policies and procedures at Bukopin on an ongoing basis. decisions from top management have been implemented
properly. Control activities are implemented at all functional
levels in accordance with the organizational structure of KB Bank,
ensuring that every part of the Bank is involved in comprehensive
risk control efforts, which at least include:
432 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 433
1. Management Reviews (Top Level Reviews); The internal control objectives to be achieved by the Company
2. Operational Performance Review (Functional Review); in accordance with the COSO Framework include operational
3. Information System Control; objectives relating to the effectiveness and efficiency of
4. Control of Physical Assets; operational activities, reporting objectives relating to reliable,
5. Documentation. timely and transparent financial reporting as determined
by regulators as well as compliance objectives relating to
INFORMATION AND COMMUNICATION compliance with regulations. and applicable legislation. These
three objectives are achieved through 5 (five) internal control
The Information System must be able to produce reports components, namely:
regarding business activities, financial conditions, 1. Control Environment which is a set of standards, processes
implementation of Risk Management, and fulfillment of and structures that provide the basis for implementing
provisions that support the implementation of the duties of internal control throughout the organization;
the Board of Directors and Board of Commissioners. Information 2. Risk Assessment, which is a dynamic and interactive
includes: process for identifying and assessing risks to achieving
1. Sufficient and comprehensive internal and external objectives;
information necessary for appropriate and accountable 3. Control activities carried out at all levels of the entity which
decision making; include determination;
2. Reliable information regarding all functional activities of 4. Policies, provisions, procedures and compliance in
KB Bank; implementation in all operational activities;
3. The security of the systems used, both storage systems 5. Information and Communication, namely a communication
and use of electronic data, must be guaranteed, monitored mechanism that involves all parties which is carried out
by an independent party (internal auditor), and supported continuously in sharing relevant and quality information
by an adequate contingency program; from both internal and external sources to support internal
4. Availability of adequate evidence and documents to support control;
the audit trail process. 6. Monitoring, is an evaluation activity carried out on an
ongoing basis to provide confidence in the adequacy of
MONITORING ACTIVITIES internal control.
Continuous monitoring is carried out on the overall effectiveness EVALUATION OF THE
of the implementation of internal control through three lines of IMPLEMENTATION OF THE
defenses. Monitoring of the Bank’s main risks must be prioritized INTERNAL CONTROL SYSTEM
and function as part of the Bank’s daily activities including
regular evaluation, both by operational work units (risk taking Evaluation of the internal control system at KB Bank is carried
units) and by SKAI. out by control functions in the second and third layers, including
the Compliance Work Unit, Risk Management Work Unit, Quality
Submission of internal audit assessments by the Internal Audit Assurance Division and Internal Audit Work Unit. The purpose
Work Unit is submitted directly to the President Director, Board of this evaluation is to ensure the level of effectiveness of the
of Commissioners, Audit Committee and Director in charge Bank’s internal control system.
of the compliance function. Weaknesses in internal control,
whether identified by the Operational Work Unit (risk taking During 2023, KB Bank has taken follow-up steps to increase
unit), SKAI, or other parties, will be immediately reported to the effectiveness of the internal control system. This includes
authorized officials and/or Directors for attention and corrective updating policies, procedures and systems as part of efforts
action to be taken. Material internal control weaknesses must to minimize risks and make necessary improvements.
be reported to the Board of Commissioners.
The results of the evaluation of the implementation of the
IMPLEMENTATION OF THE internal control system by the Internal Audit Work Unit become
INTERNAL CONTROL SYSTEM AND material for review by the Board of Commissioners, especially
COMPLIANCE WITH THE COSO- through the role of the Audit Committee. The evaluation results
INTERNAL CONTROL FRAMEWORK show that KB Bank internal control system is considered
adequate based on established standards. This reflects the
The Company has work reference standards that apply to all Bank’s commitment to maintaining the level of security and
divisions and functions in the Company as the party responsible efficiency in its operations.
for implementing internal control in daily operational activities.
The Bank’s internal control system currently running is in
accordance with the COSO Framework, internal control involves
all parties in the Company starting from employees, officials
to the Directors and Board of Commissioners.
PT Bank KB Bukopin Tbk Annual Report 2023 433
Page 434
Good Corporate Governance
COMPLIANCE
FUNCTION
THE POSITION OF THE COMPLIANCE the Context of Supervision and Inspection of PT Bank Kb
FUNCTION IN THE ORGANIZATION Bukopin Tbk.
2. Directors’ Decree No. 0118 of 2021 concerning Policies
The implementation of KB Bank Compliance Function follows for Implementing the Compliance Function of PT Bank KB
the provisions stipulated in POJK No. 46/POJK.03/2017 Bukopin Tbk;
concerning the Compliance Function of Commercial Banks. 3. Circular Letter No. SE/281/DIR/XI/2021 concerning
This function aims to manage preventive measures to ensure Guidelines for Implementing the Functions of the
that the Bank’s policies, provisions, systems, procedures and Compliance Work Unit in Ensuring the Fulfillment of Audit
business activities comply with applicable regulations and laws. Result Commitments to the Financial Services Authority,
Bank Indonesia, Regulators and/or Competent Authorities;
The main duties of the Compliance Function include ensuring 4. Circular Letter of the Board of Directors No. SE/155/DIR/
that KB Bank complies with commitments made to the Financial VIII/2018 concerning Implementation of the Compliance
Services Authority and other supervisory authorities. This is Function of the Compliance Work Unit in Credit.
done through monitoring and evaluating the Bank’s compliance 5. Board of Commissioners Decree No. 001 of 2017 concerning
with established rules and regulations. Guidelines for the Board of Commissioners’ Supervision of
the Implementation of Compliance Functions at PT Bank
In addition, the Compliance Function is also responsible KB Bukopin Tbk;
for providing guidance and advice to all business units and 6. Circular Letter of the Board of Directors No. SE/054/
operational functions of the Bank regarding compliance with DIR/V/2017 concerning Compliance Risk Management
applicable regulations. These steps are important to ensure Guidelines for KB Bank;
that the Bank operates in accordance with the standards set 7. Circular Letter of the Board of Directors No. SE/009/DIR/
by regulators and to maintain the company’s reputation and IV/2013 concerning Implementation of Compliance Work
integrity in the eyes of the public and regulators. Unit Functions in the Compliance Checklist;
COMPLIANCE ORGANIZATIONAL
COMPLIANCE OPERATIONAL STRUCTURE
GUIDELINES
The Compliance Work Unit is independent and free from
Based on the internal provisions of KB Bank, several operational influence from other work units. The Compliance Work Unit
guidelines have been regulated as a basis for implementing the was formed to assist in performing its duties and is directly
Compliance Function, including: responsible to the Compliance Director as the Director in charge
1. Circular Letter No. SE/095/DIR/V/2022 Concerning of the Compliance Function at KB Bank. The position of the
Guidelines for Fulfilling Data and Information Requests in Compliance Work Unit is at the Department level.
Compliance & Risk
Compliance & QA
Compliance, Policy & GCG
GCG Monitoring &
Business Operation & IT Regulatory & Policy
Regulator Engagement
Compliance Unit Compliance Unit Unit
Unit
GCG Monitoring &
Business Compliance Staff Operation Compliance Unit IT Compliance Unit Regulatory & Policy Staff
Regulator Engagement
434 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 435
DIRECTORS IN CHARGE UNDER OF COMPLIANCE FUNCTION
The Director in charge of the Compliance Function is Mr. Dodi Widjajanto as Compliance Director. A brief profile can be seen in
the Directors’ Profile section. The appointment of the Director in charge of the Compliance function has gone through a fit and
proper test process in accordance with Regulatory provisions.
PROFILE OF THE HEAD OF THE COMPLIANCE WORK UNIT
The appointment and dismissal of the Head of the Compliance Work Unit refers to KB Bank Compliance Policy and is reported
to the Regulator, and is carried out by the President Director on the recommendation of the Board of Directors and then reports
directly to the Compliance Director.
KIMIN Age 53 years old
Compliance , Policy & GCG Department
Head Nationality Indonesia
Domicile South Jakarta
Education Bachelor of Economics from Tujuh Belas Agustus University,
Semarang
Work Experience • Semarang KC Operations Coordinator (August 2010-July
2013)
• Magelang KC Service Coordinator (August 2013-January
2014)
• Service & Operations Manager Magelang KC (January
2014-November 2014)
• Service & Operations Manager KC Sidoarjo (November
2014-December 2016)
• Yogyakarta KC Service & Operations Manager (January
2017-December 2017)
• Makassar KC Service & Operations Manager (January 2018-
February 2019)
• Head of Head Office Compliance, Policy & Governance
Department (February 2019-present)
Dasar Hukum Pengangkatan Decree No. SKEP/0161-DIR/II/2019 dated February 11, 2019
Sertifikasi • BSMR Level IV
• Compliance Certification Level II
DUTIES AND RESPONSIBILITIES OF THE HEAD OF THE COMPLIANCE WORK UNIT
Based on POJK No. 46/POJK.03/2017 concerning the Implementation of Compliance Functions for Commercial Banks, it is
explained that the Duties and Responsibilities of the Compliance Work Unit are as follows:
1. Take steps to support the creation of a Compliance Culture in all Bank business activities at every level of the organization;
2. Identify, measure, monitor and control Compliance Risk by referring to the provisions of the Financial Services Authority
which regulate the implementation of risk management for commercial banks;
3. Assess and evaluate the effectiveness, adequacy and conformity of the Bank’s policies, provisions, systems and procedures
with the provisions of laws and regulations;
4. Review and/or recommend updating and improving policies, provisions, systems and procedures owned by the Bank so that
they comply with the provisions of the Financial Services Authority and statutory regulations;
5. Make efforts to ensure that the Bank’s policies, provisions, systems and procedures, as well as business activities are in
accordance with the provisions of the Financial Services Authority and statutory regulations;
6. Perform other duties related to the Compliance Function.
COMPLIANCE FUNCTION COMPETENCY DEVELOPMENT
No Training Title Date Organizer Location
1 INDUCTION, ANTI FRAUD AND AML/CFT E-LEARNING January 16, 2023 BPRIDE JAKARTA
2 INDUCTION BATCH I E-LEARNING REMEDIAL February 1, 2023 BPRIDE JAKARTA
3 ONLINE LAW PUBLIC SEMINAR February 27, 2023 JUSTIKA SIAR JAKARTA
4 INDUCTION BATCH II TRAINING 2023 May 8, 2023 INTERNAL HOUSE JAKARTA
(DIKLAT)
5 MONEY LAUDERING PREVENTION AND ERADICATION WEBINAR May 17, 2023 FKDKP JAKARTA
PT Bank KB Bukopin Tbk Annual Report 2023 435
Page 436
Good Corporate Governance
No Training Title Date Organizer Location
6 SHARING SESSION COMPLIANCE & RISK GROUP June, 15, 2023 INTERNAL HOUSE JAKARTA
(DIKLAT)
7 BANK INDONESIA’S COACHING CLINIC SOCIALIZATION June 23, 2023 BANK INDONESIA JAKARTA
8 AML/CFT TRAINING (ONLINE) SOLO BRANCH August 30, 2023 INTERNAL HOUSE JAKARTA
(DIKLAT)
9 INDUCTION TRAINING BATCH 3 (INDUCTION, AML/CFT & ANTI August 28, 2023 INTERNAL HOUSE JAKARTA
FRAUD) (DIKLAT)
10 WEBINAR FOR BANKING COMPLIANCE DIRECTOR August 28, 2023 FKDKP JAKARTA
COMMUNICATION FORUM
11 WEBINAR FOR BANKING COMPLIANCE DIRECTOR September 20, 2023 FKDKP JAKARTA
COMMUNICATION FORUM (IDENTIFICATION OF SUSPICIOUS
FINANCIAL TRANSACTIONS)
12 WEBINAR FOR BANKING COMPLIANCE DIRECTOR October 10, 2023 FKDKP JAKARTA
COMMUNICATION FORUM
13 WORKSHOP ON PERSONAL DATA PROTECTION LAW October 12, 2023 PT.XYNEXIS JAKARTA
INTERNATIONAL
14 AML/CFT TRAINING, MEDAN BRANCH October 20, 2023 INTERNAL HOUSE JAKARTA
(DIKLAT)
15 AML/CFT E-LEARNING 2023 October 23, 2023 INTERNAL HOUSE JAKARTA
(DIKLAT)
16 AML/CFT, FINANCING OF THE PROLIFERATION OF WMD POJK November 2, 2023 IAIB INDONESIA JAKARTA
8-2023 (OFFLINE)
17 AML/CFT, FINANCING OF THE PROLIFERATION OF WMD POJK November 2, 2023 IAIB INDONESIA JAKARTA
8-2023 (ONLINE)
18 CERTIFIED COMPLIANCE PROFESIONAL November 14, 2023 LSP MKS JAKARTA
19 PERSONAL DATA PROTECTION LAW IMPLEMENTATION WORKSHOP November 13, 2023 IGNITE JAKARTA
COMPLIANCE PRINCIPLES b. Updated the appearance of the IGRC which is planned
to be completed in Semester I 2024
Implementation of the Bank’s Compliance Function refers to POJK c. Continuously evaluate and ensure the availability of the
No. 46/POJK.03/2017 concerning the Compliance Function of Bank’s internal and external provisions (Law, PBI and
Commercial Banks, namely managing ex-ante (preventive) steps SEBI, POJK and SEOJK and other regulatory provisions)
to ensure that policies, provisions, systems and procedures, as well by updating and updating both internal and external
as business activities carried out by the Bank are in accordance provisions on the IGRC website.
with the provisions of the Regulator and regulations. applicable 3. Carrying out a consultative function, this is realized by
laws and regulations, as well as ensuring the Bank’s compliance creating a Compliance Call Center & Compliance Email.
with commitments made by the Bank to the Financial Services Apart from that, consultations can also be carried out
Authority and/or other competent supervisory authorities. in the question and answer discussion forum. Create
questionnaires to be distributed to relevant departments
COMPLIANCE WORK UNIT WORK PLAN as material to discuss current problems.
4. Increasing the Competency of Compliance Work Unit (SKK)
Improving and realizing a Compliance Culture, the KB Bank Members, namely by:
Compliance Work Unit continues to carry out the compliance a. Attend training, seminars or workshops related to
awareness program for all parties and units in the Bank. As implementation of compliance and risk management.
with the Compliance Awareness Programs that have been b. Participate in Compliance and Risk management Certification.
running in the previous year, they include: c. Sharing Knowledge between units in the Compliance
1. Carrying out socialization and education programs, Department
including: 5. Manage the Compliance Risks faced through consistent
a. Compliance Campaign Outreach Program. implementation of the internal control system, including by:
b. Conduct socialization of regulations issued by the a. Prepare reports to help ensure the implementation of
Regulator and Internal Regulations to the Board of compliance risk management
Directors, all Branches/Divisions and related Units b. Submit a memo regarding the readiness of documents
both in direct meetings and through Bukopin Office requesting approval to the OJK (Compliance Checklist)
Communication (BOC) media. related to the Fit and Proper Board of Directors and
c. Participate in Collaboration Training with Human Capital. Board of Commissioners.
2. Providing and developing infrastructure and compliance c. Submit a memo regarding the readiness of approval
services, namely by: request documents to the OJK (Compliance Checklist)
a. Manage the Compliance Work Unit website, namely related to New Activity Products.
http://igrc (IGRC: Integrated Governance Risk d. Delivering reminders regarding reporting obligations,
Compliance). reviewing policies, as well as conducting studies and
436 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 437
control over KJPP compliance, Audited Reports, and controlling differences in credit quality as a form of compliance
risk management.
e. Update on Compliance Function Implementation Policy.
f. Management of internal policies in the IGRC Portal with uniformity of all applicable policies using two languages (Indonesian
and English).
g. Deliver reminders regarding reporting obligations, implementation of product issuance, bank business activities, bank
operations, policy reviews and fine warnings.
6. Ensure that policies, provisions, systems and procedures as well as business activities carried out by the Bank are in accordance
with the provisions of the Financial Services Authority and applicable laws and regulations, including by providing opinions,
preparing studies, conducting reviews, holding meetings, compiling reports , and do reminders.
In order to implement a culture of compliance in decision making during 2023, the Compliance Work Unit has been realized by:
NO Output Jan Feb March April May June Total
1 Opinion 37 45 40 25 28 15 190
2 Study 1 1 2 4
3 Review 2 2 2 6
4 FGD& Meeting 7 4 4 6 1 5 27
5 Report 2 1 2 1 6
6 Reminder 46 22 40 2 26 33 169
No Output July Aug Sep Oct Nov Dec Total
1 Opinion 41 41 37 49 26 49 243
2 Study 2 3 5
3 Review 2 2 4 4 1 13
4 FGD& Meeting 1 1 2
5 Report 1 4 2 7
6 Reminder 23 24 24 21 20 18 130
The Compliance Division Strategic Plan set for 2023 is: 4. OJK Mataram Branch Office inspection on May 31, 2021
1. Performing compliance outreach and education programs Position amounted to 100% of 49 Commitments
including the Anti-Money Laundering program. 5. OJK Head Office Examination on January 31, 2022 Position
2. Management and inventory of internal policies, as well as amounted to 100% of 149 Commitments
monitoring updates to internal regulations 6. OJK Denpasar Branch Office Inspection on January 31,
3. Providing compliance reviews with business/non-business 2022 Position amounted to 100% of 26 Commitments
policies, activity guidelines, business activity plans, and 7. OJK Manado Brach Office Inspection on the January 31,
cooperation agreements as well as conducting gap analysis 2022 Position amounting to 100% of 50 Commitments
of external provisions 8. OJK Banjarmasin Branch Office Inspection on January
4. Monitoring the Financial Services Authority’s commitment 31, 2022 Position amounting to 100% of 65 Commitments
to inspection and/or supervision. 9. OJK Medan Branch Office Inspection on January 31, 2022
5. Development of AML Monitoring System Position amounting to 100% of 24 Commitments
10. OJK Bogor Branch Office Inspection on January 31, 2022
The total percentage of fulfillment of commitments for the Position amounting to 100% of 38 Commitments
results of examinations by the Financial Services Authority 11. OJK Semarang Branch Office Inspection on January 31,
and Bank Indonesia which are due by December 31, 2023 for 2022 Position amounting to 100% of 35 Commitments
examination positions in 2021, 2022 and 2023 is as follows: 12. OJK Head Office Inspection on January 31, 2023 position
1. OJK Head Office Inspection Position on May 31, 2021 amounting to 100% of 266 Commitments
amounted to 100% of 168 Commitments 13. OJK Bandung Branch Office Inspection on January 31, 2023
2. OJK Yogyakarta Branch Office Inspection Position on May Position amounting to 100% of 36 Commitments
31, 2021 amounted to 100% of 26 Commitments 14. OJK Solo Branch Office Inspection on January 31, 2023
3. OJK Batam Branch Office Inspection on May 31, 2021 Position amounting to 100% of 31 Commitments
position amounted to 100% of 61 Commitments 15. BI Audit Scope of Business & Ops on July 31, 2021 Position
amounting to 100% of 10 Commitments
16. BI Audit Scope of IT Position 31 July 2021 amounting to
100% of 29 Commitments
PT Bank KB Bukopin Tbk Annual Report 2023 437
Page 438
Good Corporate Governance
Anti Money Laundering, Counter Terrorism
Financing, and Counter Proliferation
Financing of Weapons of Mass Destruction
(AML, CFT and CPF)
Anti Money Laundering, Counter Terrorism Financing, and KB Bank has attempted to exercise control in maximizing the
Counter Proliferation Financing of Weapons of Mass Destruction AML, CFT and CPF programs and is fully committed to setting
at KB Bank is based on Financial Services Authority regulations, several targets for improving the quality of AML, CFT and CPF
namely POJK No. 8 of 2023 which regulates this matter in implementation. However, KB Bank sees that the Bank is still
the financial services sector, especially in the banking sector. vulnerable to being used in money laundering practices, terrorism
financing, and proliferation financing of weapons of mass
KB Bank has an Anti Money Laundering (AML) Department at destruction because in line with technological developments
the head office and a Special Work Unit (UKK) in each branch and the development of the business world, new modes of
and/or related work unit. The AML Department is responsible money laundering, terrorism financing, and proliferation
for implementing the AML, CFT and CPF in all KB Bank entities. financing of weapons of mass destruction will continue to
grow. Therefore, KB Bank continues to make improvements
The AML Department has an analysis and reporting function in mitigating potential risks that may occur in the future, one
whose task is to supervise the Bank’s financial transactions of which is by increasing the use of information technology /
and activities to detect potential of money laundering, terrorism developing transaction monitoring systems, sanction screening
financing, and proliferation financing of weapons of mass and improving internal policies so that they are effective in line
destruction. UKK in branches and/or related work units acts with regulatory developments.
as the first link in this process, by reporting suspicious findings
and activities to the AML Department at Head Office for further The implementation of the AML, CFT and CPF programs at KB
analysis. Bank is carried out by the AML Department, whose function is
to conduct activities and monitor the fulfillment of regulatory
In 2023, KB Bank has carried out a self-assessment of risk obligations regarding Anti Money Laundering, Counter Terrorism
exposure to money laundering, terrorism financing, and Financing, and Counter Proliferation Financing of Weapons
proliferation financing of weapons of mass destruction on a of Mass Destruction (AML, CFT and CPF) with the following
Bank Wide basis with the final risk assessment being Medium, activities:
these results take into consideration the risk exposure to 1. Report regularly on the implementation of AML, CFT and
customers, countries or geographic areas, products and CPF to the Board of Directors and Board of Commissioners.
services, transactions or distribution networks (delivery 2. Review the policies regarding the implementation of
channels) by also considering calculations from the National the AML, CFT, and CPF programs which are adjusted to
Risk Assessment (NRA) and Sectoral Risk Assessment (SRA). the latest regulatory provisions, namely the Republic of
KB Bank as a Commercial Bank also plays a role as a Financial Indonesia Financial Services Authority Regulation Number
Services Provider in the Capital Markets Sector because in 8 of 2023 concerning the Implementation of Anti Money
practice KB Bank also carries out a custodian function, therefore Laundering, Counter Terrorism Financing, and Counter
it is deemed necessary to conduct a separate studies and Proliferation Financing of Weapons of Mass Destruction
assessment of the risks of money laundering, terrorism financing Programs In the Financial Services Sector.
and proliferation financing of weapons of mass destruction at 3. Conduct regular reviews of guidelines related to the
the Custodian Bank. KB Bank as a Custodian Bank has also Implementation of the AML, CFT and CPF Programs by
carried out a self-assessment of the risks of money laundering, making adjustments based on policies and procedures.
terrorism financing, and proliferation financing of weapons of 4. Conduct a Bank risk assessment for Crime of Money
mass destruction by using an approach method that is not Laundering (TPPU), Crime of Financing Terrorism (TPPT),
much different from that applied to commercial banks on a Proliferation of Weapons of Mass Destruction (PPSPM) that
Bank Wide basis with the final risk assessment being Low. refers to the results of the latest national (National Risk
Assessment/NRA) and sectoral (Sectoral Risk Assessment/
SRA) risk assessments which assess based on 4 (four)
factors, in the form of Customer, country or geographic
area, product, service, transaction or distribution network.
5. Grouping customers based on risk profile using the Risk
Based Approach (RBA).
438 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 439
6. Identify, assess and mitigate risks related to new products, services and activities to ensure compliance with applicable
AML, CFT and CPF.
7. Monitoring customer activities and transactions on an ongoing basis as well as acting as a counterparty to Investigating
and Regulatory Parties in preventing criminal acts of money laundering, terrorism financing and funding for the proliferation
of weapons of mass destruction, including closing business relationships and rejecting transactions in the context of
implementing the AML, CFT and CPF programs
8. Improve the quality and monitoring of reporting obligations related to AML, CFT and CPF including Suspicious Financial
Transaction Reports (STR), Cash Financial Transaction Reports (CTR), International Fund Transfer Instruction Reports (IFTI),
and Integrated Service User Information System (SIPESAT), including AML, CFT and CPF reporting obligations in accordance
with provisions.
9. Screening customer and transaction data (screening) against watchlists issued by the competent authority, including the List
of Suspected Terrorists and Terrorist Organizations (DTTOT), List of Proliferation Financing of Weapons of Mass Destruction
(DPPSPM), The Office of Foreign Assets Control (OFAC) List, United Nations (UN) List, and European Union (EU) List, and
so on when opening an account and carried out periodically.
10. Monitoring the implementation of updating customer data through preparing plans and monitoring the realization of targets.
11. Developing an AML Transaction Monitoring System to sharpen analysis, monitoring and fulfill reporting needs in accordance
with the latest provisions and legislation related to AML, CFT and CPF.
12. Increasing awareness regarding AML, CFT and CPF for employees in all branches/areas through regular outreach activities
to employees to increase knowledge, insight, and understanding regarding the AML, CFT and CPF programs as well as
implementing them in their work units .
PT Bank KB Bukopin Tbk Annual Report 2023 439
Page 440
Good Corporate Governance
Legal Issues/Litigation for
Companies and Subsidiaries
Throughout 2023, the number of civil and criminal legal issues that have been resolved (have permanent legal force) and those
that are still in the process of being resolved can be presented in the following table:
KB Bank Civil Law Cases Up to December 2023
No Information Common Civil Bankrupt/PKPU Debtor Cases
1 Settled Law Cases up to December 2023 53 12
2 In the settlement process 54 57
2a. Cases in first level (District Court) 31 -
2b. Cases in appeal (High Court) 9 -
2c. Cases in cassation (Supreme Court) 11 -
2d. Cases in judicial review (Supreme Court) 3 -
2e. Arbitrase None None
Total 161 69
KB Bank Criminal Law Cases Until December 2023
No Information In Process Settled
1 WHISTLEBLOWER 11 0
2 REPORTED 12 5
3 WITNESS 39 1
Total 62 6
440 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 441
IMPORTANT
CASES
IMPORTANT CASES CURRENTLY FACING THE COMPANY
In the event that Waryono Karno failed to obtain all 136
The following are important cases (civil lawsuit cases) in 2023 original AJBs, both from KB Bank and copies of the reissue
which are considered to have the potential to have a material of AJB from the Head of Serpong District as PPAT, then KB
impact on the Bank: Bank together with the other Defendants, were sentenced
1. Lawsuit for Unlawful Acts filed by Waryono Karno to jointly and severally pay material losses amounting to
PT. Kembang Eight Eight Multi Finance (“PT Kembang 88”) is IDR 397,329,750,000. ,- (three hundred ninety seven billion
an Ex-Debtor of KB Bank Head Office with credit collateral three hundred twenty nine million seven hundred and fifty
in the form of Proof of Motor Vehicle Ownership (BPKB). thousand Rupiah).
Furthermore, in 2015, based on the Deed of Sale and
Purchase Agreement between PT Kibiland Agung Kencana Based on the First Ruling, KB Bank has submitted an appeal,
and KB Bank, Roland Yahya as commissioner of PT Kibiland which based on the appeal submitted, on September 15,
Agung Kencana and also the son of the President Director 2022, the Banten High Court has handed down a decision
of PT Kembang 88 at that time (Chandra Yahya), handed at the Appeal Level which in essence again wins Waryono
it over to KB Bank Assets in the form of land covering an Karno and upholds the decision of the Tangerang District
area of 88,298 M2 which he obtained based on the Sale Court. Based on the Appeal Level Decision, on November 9
and Purchase Agreement dated November 29, 2013 which 2022, KB Bank has submitted a cassation legal action, which
he signed with Waryono Karno (Plaintiff), as a settlement on the cassation request, on October 4, 2023, the Supreme
for the PT Kembang 88 credit. The value of the land assets Court has handed down a Cassation Level decision which
handed over by Roland Yahya to KB Bank is the value The essentially strengthens the First Level Decision and the
total outstanding principal obligations of PT Kembang 88 Appeal Level Decision. To mitigate the large risks for KB
are IDR 400,000,000,000 (four hundred billion rupiah). Bank as a result of the contents of the Decision, especially
the potential for a quite large payment penalty imposed on
Next, Waryono Karno filed a criminal report against Roland KB Bank jointly and severally with the other Defendants, KB
Yahya for fraud committed by Roland Yahya to obtain the Bank has made every effort to obtain the original 136 Deed
land assets. Based on the criminal decision, Roland Yahya of Sale that were sentenced to be returned to the Plaintiff
was proven guilty of committing fraud in the sale and /Waryono Karno, where these efforts have resulted in the
purchase transactions of land assets and was sentenced fact that most of the original AJB in question has been
to prison. Subsequently, Waryono Karno filed an Unlawful successfully found in order to minimize potential losses for
Action Lawsuit against Roland Yahya, and withdrew KB KB Bank due to payment penalties as stated in the decision.
Bank as Defendant IX in Case No. 727/Pdt.G/2021/PN.Tng
at the Tangerang District Court.
2. Lawsuit for Unlawful Acts filed by PATIBRATA
Waryono Karno’s lawsuit essentially requested the Panel In 1986, PT Patibrata (“Debtor”) received a credit facility to
of Judges to declare Waryono Karno as the legal owner finance the Duta Plaza and Villa Hadis Permai projects with
of the Land Assets in question based on 136 of the Deed a total ceiling of IDR 9,300,000,000 (as of December 29,
of Sale, demands the cancellation of the Deed of Sale 1990). On 23 March 1991, the Debtor obtained additional
and Purchase Agreement that has been made between credit facilities amounting to IDR 400,000,000.-.
Waryono Karno and Roland Yahya and also demands the
cancellation. regarding the Sale and Purchase Agreement The Debtor’s credit guarantees include 55 kiosk units
that has been made between Roland Yahya and KB Bank. located in the Nusamakmur Duta Niaga Building, which
The First Instance Court’s decision was in favor of Waryono were then handed over to KB Bank management based
Karno as the Plaintiff, where Waryono Karno was determined on Deed No. 158 dated December 18, 1990 made before
to be the legal owner of the Land Asset in question and Zamri, SH., Notary in Padang. Debtor’s credit was bad, so
sentenced KB Bank to hand over 136 Original AJBs to that the Bank and PT Patibrata had made the following
Waryono Karno. If KB Bank cannot submit, then the Head Deeds: (1) Deed of Agreement on Transfer of Rights No. 30
of Serpong District as PPAT is asked to reissue a copy of dated July 6, 1994; (2) Deed of Agreement No. 80 dated
the deed of sale in question. September 28, 1998 and (3) Deed of Rental Agreement No.
PT Bank KB Bukopin Tbk Annual Report 2023 441
Page 442
Good Corporate Governance
74 dated March 23, 1995, where based on these deeds, Subsequently, the Bank filed a lawsuit against Koppas
the Bank has leased the Duta Plaza credit guarantee kiosk Citeureup, RKS and BS at the South Jakarta District Court
units to PT Matahari Putra Prima (“PT Matahari”) where where at the first level at the District Court and at the appeal
the rental proceeds were partly used to pay PT Patibrata’s level at the High Court, the Bank won which in essence
credit obligations and partly handed over to PT Patibrata; stated that the debit action carried out by the Bank in 1989
was based on law. Based on this decision at the appeal level,
Before the rental contract period with PT Matahari ended, neither party filed a legal remedy (cassation). The basis
an earthquake occurred in Padang in 2009 which resulted for the decision in favor of the Bank was used as a basis
in damage to the Duta Plaza Building, where the damage to for the Bank to submit an Application for Judicial Review
the building was further aggravated due to the demolition to Il but unfortunately the PK to Il submitted by KB Bank
of the Salvage Claim appointed by the Insurance Company, was submitted beyond the specified time limit, so it was
PT Patibrata filed a lawsuit, including to sue for insurance rejected. (Bank Loses). Furthermore, Koppas Citeureup
claims and underpayment from the Bank to PT Patibrata. submitted an execution request for the implementation
of the decision, so that the potential risk faced by the
On February 12, 2024, PT Patibrata filed an Unlawful Action Bank until December 2022 was calculated at around IDR
Lawsuit against KB Bank and PT Matahari through the 41,000,000,000.
South Jakarta District Court, which essentially disputes:
Because the Bank still believes that the debits carried out by
a. Payment of levies charged by KB Bank to PT Patibrata; the Bank are legal and justified and it is strongly suspected
b. KB Bank does not collect rent for certain units from that there is bad faith and malicious conspiracy carried out
PT Matahari; by the Defendants in connection with the objection to the
c. Insurance claims that have been received by PT debit action which was only filed 14 years later, on June
Matahari which are claimed as the rights of PT Patibrata; 30, 2022, the Bank again filed a new lawsuit with basis
for Unlawful Actions against Koppas Citeureup with RKS.
For information, previously PT. Patibrata has filed a lawsuit
twice against the BANK but the PN decided that his lawsuit Whereas on August 8, 2023, a First Level Decision was
could not be accepted. Currently, the lawsuit in question handed down by the South Jakarta District Court where KB
is still in the early stages of the case examination process Bank won), with the decision in essence: (i) Declaring that
at the South Jakarta District Court. the Credit Debit Transaction carried out by the Plaintiff was
valid and in accordance with the applicable legal provisions:
3. Lawsuit for Unlawful Actions filed by the Citeureup Market ( ii) Sentencing Defendant I, Defendant II and Defendant III
Traders Cooperative jointly and severally to pay material compensation worth
There was a problem related to the debit action on June IDR 165,270,772,342.88 (one hundred and sixty five billion
19, 1989 amounting to IDR 357,579,666 carried out by KB two hundred seventy million seven hundred seventy two
Bank (formerly Bank Bukopin, hereinafter referred to as thousand three hundred and forty two Rupiah point eighty-
“Bank”)) from the Koppas Citeureup account to the RKS eight cents);
account (as the Contractor), where the debiting action in
question was only disputed 13 years later, namely in 2003, Based on the First Level Decision, Koppas Citeureup
where Koppas Citeureup filed an Unlawful Action Lawsuit submitted an appeal. Regarding the legal appeal, on January
against the Bank and other parties. 11, 2024 the appeal decision was handed down, with the
decision in essence upholding the decision of the South
At the first level at the District Court and the Appeal level Jakarta District Court Number 581/Pdt.G/2022/PN Jkt.Sel
at the High Court the Bank won where the Bank was not dated August 8, 2023 which was requested to be appealed
punished to pay, but at the Cassation level where the (KB Bank won).
Cassation decision canceled the previous decision and
finally punished RKS and KB Bank to jointly and severally: That on March 4, 2024, Koppas Citeureup submitted a
(i) return the funds of Koppas Citeureup amounting to request for cassation but is currently still waiting for a
IDR 357,579,666; and (il) to pay compensation of IDR Memorandum of Cassation from Koppas Citeureup. The
146,313,298.94/month from September 2003 until the Bank will do the best handling of this case at the Cassation
Defendants pay off their obligations (the Bank loses). Level to maintain the contents of the previous Decision
Whereas the Bank subsequently submitted a Legal Action in order to maintain the rights and interests of KB Bank.
for Judicial Review to I but the legal action in question
was rejected.
4. Lawsuit for Unlawful Actions filed by PT. Nur Kencana
Lestari Inti
On February 21, 2023, the President Director of PT. Nur
Kencana Lestari Inti (“Debtor”) filed a Civil Suit at the
South Jakarta District Court registered under Number 191/
Pdt.G/2023/PN.Jkt Selatan (“Civil Suit”) against: PT Bank KB
Bukopin Tbk (“KB Bukopin”) as Defendant I; PT Tunas Muda
Jaya (“TMJ”) as Co-Defendant I; Surabaya State Wealth
442 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 443
and Auction Services Office (KPKNL) as Co-Defendant II; Currently the lawsuit in question is still in the process of
Notary Otty Chandra (“Notary”) as Co-Defendant III. TMJ being examined at the First Level at the South Jakarta
is a former Debtor of KB Bank which was then declared District Court. KB Bank will make the best efforts to handle
Bankrupt on November 4 2019 based on Decree No. 39/ this case in order to defend the rights and interests of
Pdt.Sus-PKPU/2019/PN. Surabaya Commerce. the bank.
TMJ’s credit at KB Bank was repaid from receipts from IMPORTANT CASES CURRENTLY
KPKNL Surabaya from the auction of shares belonging FACING SUBSIDIARIES
to PT Anugerah Berkah Bersatu and PT Inter Sarana
Raya in TMJ, each amounting to 2,950,200 shares (a During 2023 there will be no legal problems faced by the
total of 99% of shares in TMJ) which were purchased Company’s Subsidiaries.
by NKLI through auction based on Auction Minutes No.
1636/45/2019 dated November 28, 2019 (“Auction Minutes LEGAL ISSUES CURRENTLY
on November 28, 2019”) where for the purchase of the FACED BY CURRENT MEMBERS
shares in question, NKLI received credit from KB Bank worth OF THE BANK’S BOARD OF
Rp. IDR638,385,375,500,- (six hundred thirty eight billion COMMISSIONERS AND DIRECTORS
three hundred eighty five million three hundred seventy five
thousand five hundred Rupiah) with collateral in the form of: Throughout 2023, all current members of the Bank’s Board
of Commissioners and Directors have never been involved or
a. Bills for coal sales amounted to IDR 180,000,000,000 involved in a civil and/or criminal case and/or dispute.
(one hundred and eighty billion Rupiah) based on the
Coal Sale and Purchase Contract between PT. NKLI ADMINISTRATIVE SANCTIONS FROM
with PT. Belayan International Coal. THE RELEVANT AUTHORITIES
b. b. Bills for coal sales amounted to IDR 192,000,000,000
(one hundred and ninety-two billion Rupiah) based on During 2023 there will be no material administrative
the Coal Sale and Purchase Contract between PT. NKLI sanctions that affect the continuity of the Bank’s business or
with PT. Love Indonesian Industry. administrative sanctions for members of the Board of Directors
c. c. The coal reserves of PT. Tunas Muda Jaya. and members of the Board of Commissioners of the Bank
d. d. Ownership Certificate (SHM) No. 01660 on behalf given by the regulator.
of Virgitha Wulandari (in the process of changing the
name to a/n Abdul Hamid Ali) located at Kel. Kramat
Pela, District. Kebayoran Baru, South Jakarta.
e. e. PT Anugerah Berkah Bersatu and PT. Inter Sarana
Raya shares at PT. Tunas Muda Jaya amounted to 99%
purchased by NKLI in question.
On February 21, 2023, NKLI filed a lawsuit against KB Bank
through the South Jakarta District Court on the following
grounds:
a. NKLI sued because as the Legal Buyer of 5,900,400
shares belonging to NKLI (at a price of IDR
638,385,375,500,-) but in the end it was unable to
make changes to the Management Composition of
TMJ because there were parties who objected from
PT ADITYA CIPTA KONTRAKTOR as the Rights holder
Going Concern based on Determination No. 39/Pdt.Sus-
PKPU/2019/PN.Niaga Sby dated December 19, 2019
b. KB Bank acted in bad faith because it did not inform TMJ
of the PAILIT Decision on November 4 2019 regarding
PKPU Case No. 39/Pdt.Sus-PKPU/2019/PN.Niaga.Sby
and the Determination of Going Concern whose rights
are held by PT ADITYA CIPTA KONTRAKTOR
PT Bank KB Bukopin Tbk Annual Report 2023 443
Page 444
Good Corporate Governance
ACCESS TO CORPORATE
INFORMATION AND DATA
KB Bank is consistently committed to implementing GCG values 4. KB Bank strategies to keep customer transactions safe
in every aspect of its operations. One implementation of these from cyber attacks (May 24, 2023)
values is through information disclosure, both internally and 5. Directors of KB Bank cohesively buy BBKP shares (May
externally. The Bank recognizes the importance of managing 29, 2023)
and disclosing information about the company to build a positive 6. The KB Bank loan remains positive amid slowing banking
image in the eyes of the public, especially shareholders and growth (November 2, 2023)
other stakeholders. 7. KB Bank again gets the highest rating from Indonesian
banking (idAAA) from Pefindo after the rights issue (June
In an effort to ensure optimal information disclosure, KB 16, 2023)
Bank routinely provides actual and useful information to 8. Free! KB Bank customers can make transactions at ATMs
stakeholders through various communication channels. anytime and anywhere (September 29, 2023)
This information is conveyed through press releases, print 9. Holding AGMS KB Bank shows performance growth
media, social media and electronic media. The Bank always throughout 2022 (June 30, 2023)
pays attention to the provisions related to the confidentiality 10. SME loans increased. KB Bank is optimistic about reaching
of company data that have been established, so that the the target of 30% (July 28, 2023)
information submitted remains relevant and on target. To 11. KB Bank Partnering with Paywatch wil launch Upfront Salary
obtain further information, the Bank has various facilities that Service for Employees in Indonesia – May 17, 2023
can be accessed, including: 12. Further Strengthening Investment in Indonesia, KB Kookmin
1. Website: https://www.kbbukopin.co.id; Bank Maintains Ownership as Controlling Shareholder in KB
2. Call Center: 14005; +6221 798 8266, 798 9837 Customer Bukopin Bank (BBKP) Through Right Issue – July 2, 2023
Care: customercare@kbbukopin.co.id;
3. Investors can directly contact the Bank’s Investor Relations DIGITAL NEWSLETTER
Service via email: investor.relations@bukopin.co.id
Strategic changes in the era of digitalization have influenced
PRESS CONFERENCE how KB Bank carries out internal communications. In 2023, KB
Bank shifted internal communication media from a monthly
Throughout 2023, KB Bank has issued the following press magazine format to an integrated digital platform, known as
releases: Bukopin Office Communication (BOC).
January-April 2023: Through BOC, KB Bank employees can access the latest
1. G-Pro Program in January 2022 information, the latest news, and various other materials relevant
2. EGMS on March 23, 2022 : CSO Resignation to the company and industry. This digital platform provides
3. Financial Report Q4 2021 on April 1, 2022 : Loss IDR 2.3 T faster and easier access for employees to connect with the
4. Financial Report Q1 2022 on April 28, 2022 : Loss IDR 1.3 T latest information regarding company activities, initiatives,
5. Lawsuit Case at Kupang Branch on May 12, 2022 developments, as well as internal opportunities and events.
6. AGMS on May 25, 2022 : CEO Resignation
7. Demonstration Issue at Surabaya Branch, June 13, 2022 Additionally, BOC allows for more active interaction and
8. Financial Report Q2 2022 on July 29, 2022 : Loss IDR 3.3 T involvement from employees, with comments and feedback
9. EGMS on August 24, 2022 : CRO Resignation features that allow them to participate in discussions, provide
10. EGMS on November 30, 2022 input, and share experiences and ideas.
11. Financial Report Q3 2022 on December 30, 2022 : Loss
IDR 2.6 T ELECTRONIC MEDIA
12. 76 Branch Closure Start on May 23, 2022 until December
20, 2022 By referring to OJK regulation no. 8/POJK.04/2015 concerning
issuer or public company websites, the Company Website
May – December 2023 provides important information such as Information regarding
1. Financial report Q1 2023 – July 30, 2023 Shareholders, Information regarding the GMS, Company group
2. KB Bank MoU with Indika Energi Company for the structure, financial performance analysis, financial reports
development of Electric Vehicles (EV) – May 11, 2023 for the last 5 years, profiles of the Board of Commissioners
3. KB Bank received the highest national rating from Fitch and Directors as well as the Charter/Charter of the Board of
Ratings (May 18, 2023) Commissioners, Directors, Committees and Internal Audit Unit.
444 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 445
The Company’s official website www.kbbukopin.co.id can be accessed 24 hours a day and the information presented is always updated periodically so that the public and stakeholders always get the latest news from Bank KB Bukopin. Other sites that can be used to search for information about KB Bank are the OJK and Capital Market sites (www.ojk.go.id and www.idx.co.id). SOCIAL MEDIA The absolute development of information technology at this time means that companies must align operational performance so as not to be left behind, social media is the most widely and easily accessible means for people from all levels to access, KB Bank also provides information on a number of technological applications, namely: Facebook @KB Bank Twitter @kbbank_id Instagram @kbbukopin YouTube KB Bank PRINT MEDIA Even though electronic media has now made it easier to find information, print media is still used as a means of conveying information for KB Bank, apart from being a regulatory regulation, it also provides information to people in remote areas who are not yet able to utilize electronic media. Some information and announcements from KB Bank were conveyed through the daily Bisnis Indonesia, Investor Daily, and Kontan and several brochures regarding KB Bank products and services as well as in print media in the form of brochures or leaflets. Customers can also obtain more detailed information by contacting the Company’s contact center at No. Access 14005 24 hours a day or contact the nearest branch offices. Easy access to information is also provided to investors and potential investors, namely by contacting the Company’s Investor Relations via e-mail investor.relations@bukopin.co.id. PT Bank KB Bukopin Tbk Annual Report 2023 445
Page 446
Good Corporate Governance
CODE OF
CONDUCT
Code of Conduct of the the Company is not just a formal the operational level. This confirms that integrity, honesty and
document, but a reflection of the values that underlie the social responsibility are principles that are emphasized in every
Company’s culture and main principles. As an integral part of aspect of the Company’s business and operational activities.
various internal policies and regulations, the Code of Conduct
is a guideline that regulates daily behavior and decision making CODE OF CONDUCT GUIDELINES
for all individuals involved in the Company’s operations.
The Code of Conduct guidelines have been prepared to serve
Not only is it a guide for action, the Company’s Code of Conduct as guidelines for implementation for all levels of the Company,
also creates a framework that provides direction in performing including the Board of Commissioners, Supporting Organs of
duties and interactions, ensuring that every step taken is in line the Board of Commissioners, Directors, Management and all
with the company’s values and high ethical principles. Thus, the employees, which are binding regardless of function, rank
Code of Conduct becomes the foundation for a positive work or position. This guideline is always reviewed periodically in
culture, where every individual in the Company is expected accordance with developments and company needs.
to act in accordance with high ethical standards, regardless
of position or position in the organization. The KB Bank Code of Conductconsists of 7 (seven) sections,
namely:
Commitment to the Company’s Code of Conduct is upheld by
all levels, from the Board of Commissioners to employees at
Section I Obedience
Section II Protecting Company Assets
Section III Conflict of Interest
Section IV Leaders as Role Models
Section V Relationships with Customers, Partners and Competitors
Section VI Relations with the Company and Fellow Employees
Section VII Relations with Shareholders and the Community
PRINCIPAL/CORE OF KB BANK 9. Not to commit disgraceful acts that could harm the image
CODE OF CONDUCT of the profession and the image of the Company;
Principal/core of KB Bank Code of Conduct: 10. Not to be involved in practical political activities that can
1. To comply with and comply with applicable laws and directly or indirectly harm the Company;
regulations; 11. No bad credit.
2. To make correct records regarding all transactions related
to the Company’s activities; DISCLOSURE OF COMPLIANCE THAT
3. To avoid unhealthy competition; THE CODE OF CONDUCTS APPLIES TO
4. Not to abuse authority for personal, family or group ALL LEVELS OF THE ORGANIZATION
interests;
5. Not to be involved in decision making that contains a conflict All members of the Board of Commissioners, members of the
of interest; Board of Directors, Committee members, permanent workers
6. To maintain customer and Company confidentiality; and contract workers in accordance with applicable provisions
7. To take into account the detrimental impact of each policy are required to comply with and implement the Bank’s Code
determined by the Company on the economic, social and of Conduct which is marked by the affixing of signatures by
environmental situation; all KB Bank Personnel on a Statement of Compliance with the
8. Not to accept gifts or rewards, either directly or indirectly, KB Bank Personnel Code of Conduct Bukopin is a concrete
related to the duties and authority carried out; manifestation of commitment in implementing the KB Bank
Code of Conduct.
446 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 447
SOCIALIZATION AND DISSEMINATION The successful implementation of the Code of Conduct is
OF THE CODE OF CONDUCT not only the responsibility of the management team, but also
the collective responsibility of all levels of the Company, from
To disseminate KB Bank Code of Conduct, the Board of Directors the personal level to the work unit level. By internalizing the
and Board of Commissioners ensure that the dissemination of values of the Code of Conduct, every employee of KB Bank
the Code of Conduct to all Company employees has been is expected to be able to use ethical principles as a guide in
carried out in several ways, including: every operational activity, so that as a whole the Company
1. Company website; can achieve the vision, mission and goals that have been set.
2. Internal Memorandum;
3. Internal Media;
4. Ask unit leaders to always remind their personnel to conduct One form of individual responsibility is in reporting violations of
their activities by respecting the Code of Conduct. the Code of Conduct. The Company emphasizes the importance
of openness and the obligation to report any actions suspected
EFFORTS TO IMPLEMENT AND of violating the Code of Conduct, whether committed by
ENFORCE THE CODE OF CONDUCT colleagues or other employees. By providing support and
protection for whistleblowers, the Company creates a safe
The implementation of the Code of Conduct at all levels environment for each individual to provide reports regarding
of the Company emphasizes that every individual has an irregularities that they know about. The importance of
important role in creating a work environment with integrity implementing the Code of Condcut is also reflected in the
and responsibility. Awareness of the importance of the Code Company’s consistency and firmness in providing sanctions
of Conduct lies not only in collective understanding, but also for violations of the Code of Conduct.
in the personal responsibility of each employee in ensuring
that every action taken is in line with the values and principles
stated in the Code of Conduct.
NUMBER OF VIOLATIONS IN 2023
Non-compliance with the provisions in the Company Code of Conduct Guidelines is categorized as a violation which will be
subject to sanctions in accordance with the regulations as a corrective action taken by the Company. The following is a table
that explains the types of violations and sanctions given by the Company:
Type of Sanction Letter Number of Sanctions Number of Sanctions
1st Warning Letter 12
2nd Warning Letter 26
3rd Warning Letter 29
Reprimand Letter 10
Total 77
PT Bank KB Bukopin Tbk Annual Report 2023 447
Page 448
Good Corporate Governance ANTI-CORRUPTION POLICY AND ITS OUTREACH Corruption is detrimental to the state and the private sector by slowing economic growth, reducing investment, increasing poverty and increasing income inequality. Bribery and corruption generally arise from weaknesses in individual integrity. KB Bank is committed to running business honestly, ethically and free from bribery and corruption practices. This is important to build trust from all parties involved in KB Bank activities. KB Bank realizes the importance of controlling bribery and corruption. Therefore, the Company formulated an Anti-Bribery and Corruption Policy in accordance with Decree No. 0165 of 2021. This policy is the basis for all KB Bank employees to avoid and fight all forms of bribery and corruption practices. With this step, KB Bank strengthens its commitment to integrity and transparency in running its business. For this policy, socialization has been carried out through internal media such as Bukopin Office Communication (BOC) and postmaster email. GRATIFICATION CONTROL KB Bank confirms its commitment to the principle of Zero Tolerance towards all forms of bribery, corruption and gratification. In line with this, the Bank strives to act professionally, fairly and with integrity in every aspect of its business activities and relationships. Awareness of the importance of control related to gratuities encouraged the Bank to formulate an Anti-Bribery and Corruption Policy in accordance with Decree No. 0165 of 2021. This policy was not only prepared, but also widely socialized through various internal Bank communication media. In addition, regular training is held to ensure every employee’s understanding and awareness of the importance of complying with the policy. These steps were taken to maintain the integrity and trust in KB Bank and ensure that all parties involved understand and adhere to high standards in its business practices. In the event that gratification is considered a gift related to position and contrary to their obligations or duties, all members of the Board of Commissioners, Board of Directors and all employees of KB Bank are obliged to reject the gratification. Bank KB Bukopin supervises the implementation of the Anti-Bribery and Corruption Policy, and any violations of this policy, Code of Conduct and Employee Disciplinary Guidelines. To support the Anti-Bribery and Corruption Policy in accordance with Decree No. 0165 of 2021, KB Bank already has an anti-fraud policy and other policies related to gratification control, including Decree No. 0382 of 2020 Regarding the Code of Ethics of PT Bank KB Bukopin Tbk.; Decree No.0205 of 2023 concerning the Whitleblowing System (WBS) Policy dated November 9, 2023 and Decree No.0160 of 2023 concerning the Anti-Fraud Strategy Policy of PT Bank KB Bukopin Tbk. Dated September 29, 2023. 448 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 449
TRANSPARENCY OF THE COMPANY'S
FINANCIAL AND NON-FINANCIAL
CONDITIONS
KB Bank has fulfilled its obligations of transparency and publication of financial and non-financial conditions in accordance with
applicable regulations, through the delivery and publication of information both through print media and the Bank’s website as
follows:
1. Monthly Financial Reports to regulators, which are also published via the OJK and Bank websites;
2. Quarterly Financial Reports to regulators, which are also published through print media and the Bank’s website;
3. KB Bank Annual Report prepared and presented in accordance with regulations and submitted to regulators, rating agencies,
banking development institutions, research institutions/institutions and financial magazines and published via the Bank’s
website;
4. Corporate Governance Information, which includes the Annual Corporate Governance Report, Vision, Mission, Company Values,
Composition and Profile of the Board of Commissioners and Directors, as well as internal provisions related to governance
starting from the Articles of Association to the Committee Charters which are also published via the Bank’s website;
5. Information on Company Products and Services, including office networks, is published through the Bank’s Annual Report and
website, so that customers, investors and the wider public can easily access information on the Bank’s products and services;
6. Information on Procedures for Submitting Complaints, Information Security Policies and Tips for Customers in using banking
services published on the Bank’s website for the implementation of consumer protection provisions;
7. Other information aimed at supporting information disclosure, financial education and services to the community.
BUYBACK (BUYBACK) OF KB Bank
SHARES AND BONDS
During 2023, there will be no share buybacks or bond buybacks.
PT Bank KB Bukopin Tbk Annual Report 2023 449
Page 450
Good Corporate Governance
PROVIDING FUNDS FOR SOCIAL
AND POLITICAL ACTIVITIES
KB Bank internal policy strictly prohibits the involvement of the Bank, including its employees, in political activities, including
providing funds for political purposes. This is done to maintain the independence and professionalism of the Bank and its
employees, so that the Bank can remain focused on its business activities without any political influence that could affect its
performance and integrity.
On the other hand, KB Bank believes that social activities have a significant positive impact on society at large in the long term.
Therefore, the Bank is actively involved in various social activities as a form of corporate social responsibility. The implementation
of these social activities is regulated and reported in detail in a special section relating to Corporate Social Responsibility in
this Annual Report.
PROVISION OF FUNDS TO
RELATED PARTIES
POLICY
In providing funds to related parties, the Bank refers to Bank Indonesia regulation no. 8/13/PBI/2006 concerning Amendments
to Bank Indonesia Regulation No. 7 March PBI/2005 concerning the Maximum Limit for Providing Commercial Bank Credit
(BMPK). Provision of funds to Related Parties must be approved by the Board of Commissioners and the procedures for the
approval process and implementation are regulated in Directors Circular Letter No. SE/023/DIR/VI/2014 concerning Addendum
1 LLL Policies and Procedures.
Throughout 2023, provisions for related parties and large exposure funds can be conveyed as follows:
Provision of Fund for Related Party 2023 (Rp billion) 2022 (Rp billion) Nature of Relationship
Credit provided and sharia-gross financing/ 626 760 Controlled/under the significant influence of
receivables one of the Major Shareholders
Directors, Board of Commissioners, Sharia 21 28 Management and key employees
Supervisory Board and Executive Officers
Other 0 50 Controlled/under the significant influence
of one of the Major Shareholders, and/or
Management and key Employees
450 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 451
CUSTOMER PROTECTION, ANTI FRAUD
AND WHISTLEBLOWING SYSTEM
CUSTOMER PROTECTION POLICY PREVENTION
KB Bank improves services to customers by implementing an Implementing prevention functions can reduce the potential for
integrated, online and reliable customer complaint handling fraud. The devices used in implementing prevention are as follows:
policy. Every complaint is resolved quickly to protect customers’ Anti fraud Awareness
rights. If a settlement cannot be reached, customers can choose Anti Fraud Awareness is KB Bank policy or effort to raise
out-of-court settlement through LAPSPI, in accordance with awareness regarding the importance of preventing fraud by
OJK regulation No.1/POJK.07/2014. all related parties. To raise Anti-Fraud Awareness, KB Bank
does the following
PROTECTION OF CREDITOR RIGHTS 1. Preparation and Outreach on Anti-Fraud Statements;
One of KB Bank’s educational efforts aimed at all employees
KB Bank implements an honest and transparent information is to provide direction in internalizing an anti-fraud culture
disclosure policy to protect creditors’ rights. Every creditor and to be able to increase vigilance and increase awareness
is treated fairly without discrimination. With information of the potential risk of fraud in every Bank activity as well
disclosure, creditors and business partners have the right to as KB Bank’s policy and commitment to not tolerate acts
obtain relevant information according to their needs. Creditors’ of fraud ( zero tolerance).
rights are regulated in the agreed agreement, and the Bank is 2. Employee Awareness Program;
obliged to fulfill its obligations on time, and strive to prevent This program is implemented in the form of socialization and
negligence or omissions that could be detrimental to both publication/sustainable internal fraud prevention campaign
parties. through media in the Bank, for example:
a. Carrying out training activities, both offline (face to
CONFLICT MANAGEMENT POLICY face), online and via E-Learning related to Anti Fraud
(INCLUDING INSIDER TRADING) Awareness material which is held in collaboration with
Human Capital and/or with related work units.
KB Bank does not yet have a policy to prevent insider trading. b. Introduction to company culture and code of ethics
However, in preparing publication documents so far, information through E-Learning Induction.
has been strictly localized in the relevant departments. c. Anti-Fraud Awareness Campaign through company
communication media (e-mail, posters, brochures or
IMPLEMENTATION OF ANTI electronic media) containing anti-fraud messages.
FRAUD STRATEGY d. Publication of fraud incidents along with sanctions given
to fraud perpetrators.
KB Bank implements the Anti-Fraud Strategy Implementation 3. Customer Awareness.
Guidelines as a commitment to controlling fraud through an This program aims to increase awareness and awareness
effective and sustainable control system. This strategy requires of customers, depositors, as well as vendors and other
adequate resource allocation for effective implementation. The stakeholders, regarding the possibility of fraud and
main objective is to prevent risk deviations, especially the risk to support the Bank’s efforts to uphold an anti-fraud
of fraud which can harm customers and the Bank, as well as culture. This program is organized in the form of making
increasing the effectiveness of Good Corporate Governance. and distributing anti-fraud posters/brochures, written
explanations, electronic media, and the use of other means.
The guidelines aim not only at prevention, but also detection,
investigation and system improvement as an integral part of
fraud control. This policy is regulated in Decree No. 0298 of
2020. The hope is that the implementation of the Anti-Fraud
Strategy Implementation Guidelines will improve the Bank’s
internal control, which in turn will improve the business and
operational performance of KB Bank and provide added value
for all stakeholders.
PT Bank KB Bukopin Tbk Annual Report 2023 451
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Good Corporate Governance
Fraud Prevention Commitment 5. Documentation.
1. Every employee, Director, Commissioner and member of a. All provisions, policies and procedures are adequately
the committee formed by the Board of Commissioners is documented.
required to understand and comply with the Code of Ethics b. Documents are reviewed and updated periodically to
and Company Culture as well as all regulations relevant to describe KB Bank’s actual operational activities and are
the work in question. informed to employees, directors and commissioners as
2. Every employee is required to understand and comply well as members of committees formed by the Board
with Company Regulations/Collaborative Employment of Commissioners.
Agreements.
3. 3. Every employee, Director, Commissioner and committee Separation of Functions to Avoid Conflicts of
member formed by the Board of Commissioners is obliged Interest
to carry out their duties and responsibilities in accordance The application of the principle of separation of functions (four
with the work guidelines that have been determined. eyes principle) aims to ensure that every person in position
4. Creating a conducive work environment based on morality, does not have the opportunity to commit and hide mistakes or
integrity and loyalty to the company. irregularities in the implementation of their duties at all levels
5. Provide facilities/media to convey suggestions for of the organization and in all operational activity steps.
improvements related to fraud prevention. Avoid giving authority and responsibility which could give
6. Establish active communication between management and rise to various conflicts of interest. The steps for separating
internal audit, compliance, risk management and related functions include:
internal control functions in Fraud prevention efforts. 1. Determine certain functions or tasks that must be separated
or allocated to several people and/or separate the functions
Control Activities of administering and storing goods in order to reduce the
Fraud control mechanisms implemented at all functional levels risk of manipulation of financial/wealth data or misuse of
in accordance with Bukopin’s organizational structure include KB Bank assets.
at least: 2. Separation of functions is not limited to front office and
1. Review of the Board of Directors and Board of back office activities, but also in the context of controlling:
Commissioners; a. Approval of the purchase and/or sale of goods or
The Board of Directors and Board of Commissioners services.
periodically review the realization of work plans and b. Approval of disbursement of funds and realization of
budgets to detect problems such as weaknesses in control, expenditure.
misrepresentation of financial reports, etc. c. Customer accounts and Bank owner accounts.
2. perational Review; d. Transactions in Bank bookkeeping.
a. Reviews are carried out by the internal audit function e. Providing information to Bank customers.
periodically. f. Assessment of the adequacy of credit documentation
b. The operational review mechanism is regulated in and monitoring of debtors after credit disbursement.
separate guidelines. g. Other business activities that may give rise to significant
3. 3. Information System Control; conflicts of interest.
a. General control includes control over data center
operations, software procurement and maintenance Accounting, Information and Communication
systems, access security, as well as development and Systems
maintenance of existing application systems. This 1. Adequate accounting, information and communication
general control is applied to mainframes, servers and systems aim to minimize the occurrence of fraud.
user workstations, as well as internal-external networks. 2. The accounting system includes methods and records in
b. Application control is applied to the programs used by order to identify, group, analyze, classify, record/book, and
KB Bank in processing transactions that are correct, report Bank transactions.
accurate and have been properly authorized. In 3. The Bank Information System produces reports regarding
addition, application control must be able to ensure business activities, financial conditions, implementation
the availability of an audit trail so that the audit process of risk management and compliance with regulations that
can run effectively and to check the correctness of the support the implementation of the duties of the Board of
audit process in question. Commissioners and Directors.
4. Asset Control (Physical);
a. Asset control is implemented to ensure the
implementation of physical security for KB Bank’s assets.
b. This activity includes securing assets, records, and
limited access to computer programs and data files, as
well as comparing the value of KB Bank’s assets and
liabilities with the value stated in the control records,
especially checking asset values periodically.
452 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 453
4. These matters are of concern in implementing Fraud control 1. Identification of vulnerabilities through Operational Risk and
related to the implementation of information systems and Fraud studies includes the process of identifying, analyzing
technology: and assessing potential risks in each Bank activity/product as
a. Availability of accurate and up-to-date records of every well as providing recommendations on how to mitigate them.
KB Bank transaction and assets. 2. 2. Identification is carried out through a study of program
b. Availability of adequate evidence and documents to and service product documents or other formal media of the
support the audit trail process. same level. In the event that the information is not sufficient
c. Implementation of control over computer systems and to provide a study, the Anti-Fraud & Special Investigation
their security (general control) as well as control over Department may request other supporting documents or
software applications and other manual procedures explanations through discussions/meetings.
(application controls).
d. Relevance of accuracy, timeliness, availability of access Provisions regarding Vulnerability Identification are regulated
for interested parties and consistency of presentation in separate provisions.
format.
e. Transaction recording retention procedures and Detection
schedules. The Detection Pillar contains steps to identify and discover
5. The availability of effective communication channels fraud in the Bank’s business activities which include:
between supervisors and subordinates and vice versa, as 1. Whistleblowing System (WBS)
well as across work units, aims to ensure that all officials/ a. As a means for all stakeholders to report violations of
employees understand and comply with applicable policies the code of ethics, employee discipline guidelines, and
and procedures, including policies for preventing fraud. conflicts of interest committed by both employees and
Directors of KB Bank.
Know Your Employee (KYE) b. The Whistleblowing System (WBS) channel consists of;
1. All elements of the KB Bank organization apply the “Know Email, Whatsapp, SMS, Letter, Face to Face & Website
Your Employee” principle, namely that each supervisor E-Form.
must fully recognize each of his subordinates. c. The bank provides a guarantee for the confidentiality
2. Employee recruitment is carried out using effective of the reporter’s identity and the contents of the report
recruitment systems and procedures (pre-recruitment submitted.
screening), which can provide a complete and accurate d. The policies and mechanisms for implementing the
picture of prospective employees’ track records. Whistleblowing System (WBS) are regulated in separate
3. Carry out post-recruitment controls including rotation provisions.
systems, transfers, mandatory leave, promotions by 2. Surprise Audits
considering employee track records. a. Surprise audit is an audit activity carried out suddenly
4. The pre-employment screening method is adapted to the on certain business units that are at high risk or prone
needs and complexity of KB Bank’s business activities to fraud.
by using a selection system equipped with appropriate b. Surprise audits can be carried out by the Internal Audit
qualifications taking into account risks, and determined Work Unit (SKAI).
objectively and transparently. This system must cover 3. Surveillance System
the implementation of promotions and transfers, including a. The Surveillance System aims to monitor and test the
placement in positions with special skills. effectiveness of anti-fraud policies.
5. Supervision must recognize employees, including character, b. Implementation of the Surveillance System can be
integrity, relationships, behavior, lifestyle, problems being carried out by independent parties and/or internal
faced and placement in positions that suit their desires parties at KB Bank without the party being tested or
and abilities. inspected knowing or realizing it.
6. Supervision periodically carries out coaching and counseling c. Carried out in situations and conditions where the
for subordinates with the aim of identifying and solving objectives of testing and inspection can only be
problems that occur so that in the end they can create a achieved if the examiner/examiner knows directly/gets
healthy and conducive work environment and high work a true and real picture/information regarding the subject
motivation. and/or object of the audit.
7. Documentation and updating of employee data, including d. The 3 (three) main components/tools for testing in
creating a database containing a negative list of employees Surveillance System activities are:
related to fraud cases. i) Internal Control System;
8. Know Your Employee provisions and mechanisms are ii) Risk Management;
regulated in separate provisions iii) Compliance.
4. Fraud Detection System
Identify Vulnerabilities The system used by the Bank to monitor transactions,
Vulnerability identification aims to identify, analyze and assess accounts and networks in the Bank’s payment system.
the risk of fraud inherent in every activity that has the potential Monitoring is carried out in order to detect transaction
to harm KB Bank in the following way: anomalies, the channels monitored are as follows:
a. E-Channel,
b. Credit card,
c. Debit Card.
PT Bank KB Bukopin Tbk Annual Report 2023 453
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Good Corporate Governance
INVESTIGATION, REPORTING AND MONITORING, EVALUATION
SANCTIONS INVESTIGATION AND FOLLOW-UP
The Investigation, Reporting and Sanctions pillar contains The Monitoring, Evaluation and Follow-up Pillar contains steps
steps for investigations, reporting systems and the imposition for monitoring and evaluating and following up on fraud, which
of sanctions on Fraud incidents which include: includes:
Investigation Monitoring
Investigations are carried out to collect evidence related to Monitoring of follow-up actions carried out on fraud incidents is
incidents that should be suspected of being an act of fraud. The carried out by the Anti-Fraud & Special Investigation Department
standard fraud investigation policy aims to reveal the amount based on the results of recommendations for assessments/
of loss, place of occurrence, perpetrator, mode and cause of examinations that have been carried out by the Examination Team.
fraud in the context of implementing an Anti-Fraud Strategy.
Evaluation
Reporting Investigation Results KB Bank maintains fraud incident data (fraud profiling) to
The results of the investigation will be reported to the President support the implementation of evaluations which include data
Director and copied to the Director of Compliance, Anti Fraud and information regarding the type of fraud, date of fraud, work
& Special Investigation Department, President Commissioner, unit where the fraud occurred, parties involved, position, losses
Chair of the Audit Committee and Related Directors. in rupiah, actions of KB Bank, weaknesses/ causes of fraud,
follow-up/repair, and chronology of fraud incidents.
Reporting to Authorities
1. Report on Changes in Anti-Fraud Strategy Based on fraud incident data and the results of the evaluation,
2. In the event that there are changes to the anti-fraud weaknesses and causes of fraud can be identified and
strategy that have been submitted to the Financial Services necessary handling and improvement steps can be determined,
Authority (OJK), the Bank is obliged to submit changes to including strengthening the internal control system.
the anti-fraud strategy no later than 7 (seven) working
days after the changes are made. Evaluation is also carried out on the activities of the prevention
3. The Bank reports the implementation of the Anti-Fraud pillar, detection pillar, investigation pillar, reporting and
Strategy every semester for the end of June and the end sanctions. Evaluation of these three pillars is carried out through
of December, in accordance with the format determined a fraud overview every 6 months to assess the effectiveness
by the Financial Services Authority (OJK). of its implementation. The results of the fraud overview
4. The Bank submits a Fraud Report that has a significant will be submitted to the President Director to improve the
impact to the Financial Services Authority (OJK) no later implementation of the anti-fraud strategy.
than 3 (three) working days after the Bank becomes
aware of the occurrence of Fraud which is decided by the Follow-up
Employee Disciplinary Committee. To improve weaknesses and strengthen the internal control
5. What is meant by Fraud that has a significant impact is system so that it can prevent the recurrence of fraud due to
as follows: similar weaknesses, KB Bank has a follow-up mechanism based
a. Has an actual loss impact of ≥ Rp. 1 billion. on the results of evaluations of fraud incidents.
b. Become public attention in the mass media on a national
scale. INTERNAL FRAUD
c. There are ≥ 5 (five) similar incidents with a total of ≥
Rp. 1 billion. Internal Fraud Violation Data Exceeds IDR 100
6. Reporting The results of the investigation will be reported Million
to the President Director and copied to the Board of Deviations/fraud committed by management, permanent
Commissioners, Compliance Director, relevant Directors, employees and non-permanent employees (honorary and
and SKAI and/or the Anti-Fraud & Special Investigation outsourced) related to the company’s work processes and
Department. operational activities which have an impact on financial losses
or which do not result in direct financial losses, are reflected
Sanctions in the following table:
KB Bank has a policy of imposing sanctions on perpetrators who
are proven to have committed fraud, which aims to provide a
deterrent effect and reduce the losses incurred. The decision
to impose sanctions on fraud perpetrators will be decided
through the Employee Disciplinary Committee. Provisions
relating to the imposition of sanctions are regulated in detail
in the provisions of the Employee Disciplinary Regulations.
454 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 455
Number of Cases Committed by
Internal Fraud in Period Management Permanent Employee Non-Permanent Employee
2023 2022 2023 2022 2023 2022
Number of Fraud 0 0 9 8 0 0
Resolved 0 0 8 8 0 0
In Process of Resolution by the Bank’s Internal 0 0 0 0 0 0
No Resolution has been made 0 0 0 0 0 0
Has been followed up through the legal process 0 0 1 0 0 0
VIOLATION REPORTING SYSTEM 4. To speed up and simplify the complaint follow-up process,
(WHISTLEBLOWING SYSTEM) the Whistleblower can report indications of fraud that he
In facing increasing business complexity, PT Bank KB Bukopin knows about through the available disclosure/complaint
Tbk recognizes the importance of optimizing the participation of channels. Provide information regarding the identity of
management and employees in disclosing violations. As part of the Whistleblower to facilitate communication with the
the Anti Fraud strategy and implementation of Good Corporate Whistleblower which at least includes information including:
Governance (GCG), KB Bank developed a Whistleblowing 5. Provide information regarding the identity of the
System (WBS) to increase the effectiveness of corporate Whistleblower to facilitate communication with the
governance. Whistleblower which at least includes information including:
a. The name of the Whistleblower or anonymous
WBS allows reporting of violations through independent information;
and confidential media, with guaranteed protection to the b. Telephone number and email address where you can
Whistleblower (Whistleblower). The Whistleblowing System be contacted.
(WBS) Guidelines were prepared to regulate the management 6. Submission of a report on alleged violations committed by
system for reporting violations, applicable to all employees, the Whistleblower must provide clear information, evidence
Directors, Commissioners and members of committees or allegations regarding the occurrence of the reported
formed by the Board of Commissioners, in accordance with violation and must fulfill the elements of 4W1H, including:
the principles of Good Corporate Governance (GCG). a. What: What alleged violations are known;
b. Where: Where the violation occurred/was committed;
The implementation of WBS strengthens KB Bank commitment c. When: When was the violation committed;
to creating a clean work environment with integrity. The d. Who: Anyone involved in the law violation;
policy regarding WBS is regulated in Decree No. 1291 of 2018 e. How: How the violation was committed.
concerning Guidelines for the Whistleblowing System of KB 7. The report submitted must relate to Fraud, Violations of the
Bank. law, Violations of the Collective Work Agreement, Violations
of the Code of Conduct, Violations of Internal Policies/other
Whistleblowing System Management KB Bank, Violations of conflicts of interest, and other things
that can be the same.
Mechanism 8. The Anti-Fraud Section as the WBS manager periodically/at
1. The mechanism for channeling complaints by the least once every 6 months makes a report on the follow-up
Whistleblower is basically carried out through formal to the implementation of the WBS, which includes, among
channels, namely through direct superiors, directorates other things:
and related functions (HR or Internal Audit) but if the a. Number of complaints;
Whistleblower views the complaint tool as ineffective or b. Complaint category;
has doubts/fears, then the Whistleblower can channel the c. Channels used by the Whistleblower;
complaint through the WBS ; d. Handling complaints that are followed up and those
2. The Anti Fraud Section receives complaint reports relating that cannot be followed up.
to irregularities committed by Employees, Directors, 9. The Commissioner and Board of Directors have the authority
Commissioners and members of committees formed by to check all incoming WBS reports
the Board of Commissioners;
3. The KB Bank Whistleblowing System complaint reporting
process will be carried out in the following manner:
a. If the complaint report relates to irregularities committed
by the Board of Directors, Board of Commissioners
and committee members, the complaint report will be
submitted to the President Director;
b. If the complaint report relates to irregularities committed
by the President Director, the complaint report will be
submitted to the President Commissioner.
PT Bank KB Bukopin Tbk Annual Report 2023 455
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Good Corporate Governance
The handling of complaints
1. The Whistleblower makes a complaint and sends it to KB Bank via the following means/media:
Email pedulibukopin@kbbank.co.id
Fax 021-7973763
Whatsapp 08119714005
SMS 08119714005
Mail Addressed to the Anti Fraud Section Manager, KB Bank Building Jl. MT. Haryono Kav. 50-51 Jakarta 12770
2. WBS Manager receives complaints, records and documents ii) Incoming complaints regarding customer information
all the information. The documents that must be created and complaints regarding products and services
are as follows: (including office and ATM networks) are directed
a. Whistleblowing System (WBS) complaint report; to submit complaints to Customer Care Email and
b. Notes/recap of complaints submitted according to the KB Bank Call Center.
complaint scope category. iii) Investigation Team to carry out investigations (if
3. The WBS Manager immediately reports the complaint to the WBS report is included in the fraud category).
the Anti Fraud & Special Investigation Department Head, 6. The results of the investigation are expressed in the form
followed by an analysis of the complaint based on evidence of an investigation report and submitted to the President
and supporting documents and provides recommendations Director and copied to the Relevant Director and the Board
on whether the complaint needs to be followed up or not. of Commissioners.
4. Complaints submitted via WBS media must be submitted 7. The results of the inspection and all WBS documents are
to the Anti-Fraud & Special Investigation Department Head documented by the Anti Fraud & Special Investigation
and it will be decided whether or not they will be examined Department and are categorized as confidential documents.
(investigated) / forwarded to the relevant work unit within 8. Management of WBS facilities/media applies the dual
10 (ten) working days. control principle with a direct appointment mechanism by
5. Anti Fraud & Special Investigation Department Head decides the Anti Fraud & Special Investigation Department Head.
to process the complaint report based on consideration of 9. Document Maintenance
information received via WBS media. The recommendations a. Anti Fraud & Special Investigation Department acts
given are as follows: as document custodian and is responsible for storing
a. Discontinued, due to incomplete information and documents in accordance with Policies / Procedures
supporting documents; related to archives.
b. Followed up in accordance with the recommendations b. A review of this Policy can be carried out at any time
of the Anti Fraud & Special Investigation Department in accordance with the scope of risks, needs and
Head by informing: developments of the Bank.
i) Related Work Unit (If the WBS report is included in
the category of violations other than fraud, proposals
for improvement, violations of applicable labor rules
and regulations, and other matters outside those
mentioned above that can be equated with that).
456 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 457
Flow Chart of Whistleblowing
Anti Fraud Customer
Manager of the & Special Related Work Care and Call Investigation President
Reporters
WBS Investigation Units Center KB Team Director
Dept Head Bank
Start
Receiving
Filing a
Complaints
Complaint If the report falls
from into the category
Whistleblowers of violations
other than fraud,
suggestions for
improvement,
violations of
applicable labor
provisions and
Follow up regulations and
other matters.
If the report is
categorized
as a customer
complaint
Follow up
If the
report is
Validate Follow up Follow up categorized
as fraud
Discontinued
End
Receive
Investigation
Report Results
Receive the
results of the
investigation
report
Protection for Whistleblowers
1. KB Bank will provide guarantees and protection to the reporter against the possibility of threats, intimidation, punishment
or other unpleasant actions from any party as long as the reporter maintains the confidentiality of the complaint submitted
to any party and the report submitted is not in the form of slander.
2. The protection as referred to above includes all legal, physical and psychological protection if the reporter experiences
threats, intimidation, punishment or any other unpleasant action.
3. The protection as referred to above also applies to the investigation team and parties who provide information related to
complaints.
Types of Reports That Can Be Reported
The scope of complaints that will be followed up through WBS includes but is not limited to:
1. Acts of Fraud
Acts of deviation or omission that are intentionally carried out to deceive, defraud or manipulate the Bank, customers or
other parties, which occur within the Bank and/or using Bank facilities, resulting in the Bank, customers or other parties
suffering losses and/ or the perpetrator of the fraud obtains financial benefits either directly or indirectly;
2. All forms of violations other than fraud with examples of actions including:
a. Disclosing Bank secrets for personal interests,
b. Sexual harassment and immoral acts inside and outside the Bank,
c. Engaging in prohibited community activities,
PT Bank KB Bukopin Tbk Annual Report 2023 457
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Good Corporate Governance
d. Conflict of interest, Whistleblowing System Socialization
e. Norms and Ethics (Code of Conduct), The Anti-Fraud & Special Investigation Department and
f. Violations of the Bank’s internal regulations and each Related Work Unit always carry out outreach about the
applicable external regulations, Anti-Fraud and Whistleblowing System at every opportunity
g. Acts that violate criminal or civil law or other statutory according to their capacity.
regulations,
h. Actions endanger work safety and environment, As a preventive measure, the Anti-Fraud Section routinely
endanger bank security, including endanger third party/ holds outreach and education for all KB Bank employees. It
customer assets. aims to raise awareness of potential financial crimes. This
3. Proposed Improvements action is reflected in the Anti-Fraud Section’s efforts to organize
Provide suggestions to the Bank regarding gaps in outreach programs to employees, by conveying information
procedures, suggestions for system improvements or about various fraudulent activities. The Anti Fraud Section also
other suggestions. utilizes internal media such as Bukopin Office Communication
4. Violation of applicable labor provisions and regulations. (BOC) and postmaster email to disseminate education about
5. Customer Complaints fraudulent activities. Through this approach, KB Bank strives to
Customer complaints regarding products, services ensure that all employees have sufficient understanding of how
(including office and ATM networks) or other complaints. to identify and prevent potential fraud in the work environment.
6. Other things apart from those mentioned above that can
be equated with it.
Number of Complaints
Implementation of the Whistleblower policy as a way of disclosing fraud that occurs. Throughout 2023, there are 18 information
reported through the Whistleblowing System, with details in the following table:
Other means of
Communication
Email Fax SMS WhatsApp Kotak Surat
(Phone, other
information
Number of WBS reported in 2023 6 - - 12 - -
The follow-up process can be seen in the table below:
Internal WBS Report 2023
Total Report 18
Completed 15
Proven 2
Not proven 0
Information/Complaint in nature 13
Data is Incomplete and the Whistleblower does not Provide Additional Information/Data 0
Requested
In Process of Completion 3
458 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 459
TRANSPARENCY OF
BAD GOVERNANCE PRACTICES
The implementation of Good Corporate Governance (GCG) at KB Bank continues to be improved every year by making
improvements and adjusting policies. The company is aware that bad practices in corporate governance can disrupt the GCG
system that has been built. Therefore, KB Bank does not take actions that are contrary to the rules and policies related to GCG.
Several GCG principles emphasized by KB Bank include transparency, accountability, independence and justice. KB Bank
confirms its commitment to running business with GCG principles in accordance with applicable regulations and standards.
This is reflected in the table as follows:
No Information Practice
1 Report on Company Activities that Pollute the Environment None
2 Important cases being faced by the Bank, subsidiaries, members of the Board of None
Directors and/or members of the Board of Commissioners who are currently serving
are not disclosed in the Annual Report
3 Non-compliance in disclosing the fulfillment of tax obligations None
4 Inconsistency in the presentation of the Annual Report and Financial Reports with None
applicable regulations and SAK
5 Cases Related to Workers and Employees None
6 There is no disclosure of operating segments in the Financial Report None
7 There is a discrepancy between the Annual Report Book and the Digital Annual Report None
STATEMENT OF GOOD GOVERNANCE PRINCIPLES IMPLEMENTATION
All management and employees of KB Bank declare that in carrying out their business activities they have implemented the
principles of Good Corporate Governance and there have been no material violations of applicable laws and regulations.
Management and employees are committed to continuously improving Good Corporate Governance practices in a transparent,
accountable, responsible, independent manner, paying attention to equality and fairness, equity and sustainability in order to
achieve KB Bank business objectives
PT Bank KB Bukopin Tbk Annual Report 2023 459
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Good Corporate Governance
KB BANK GOOD CORPORATE GOVERNANCE
IMPLEMENTATION REPORT FOR 2023
ASSESSMENT RESULTS AND CONCLUSIONS g. Has committees established to support the implementation
of the duties and responsibilities of the Board of
Based on the analysis of indicators on all factors of the assessment Commissioners. It consists of the Audit Committee, Risk
of the Implementation of KB Bank Governance in 2023, it can be Monitoring Committee, Remuneration & Nomination
concluded that the results of self-assessment of 11 (eleven) factors Committee, and Integrated Governance Committee. The
of the assessment of the Implementation of KB Bank Governance formation of these committees is in accordance with the
in 2023 are ranked 2 (two) with the category “GOOD”.’ provisions and needs of the Bank and the implementation
of the committee’s duties is complemented by policies
Referring to the results of the analysis of 3 (three) Aspects of the and work conduct guidelines (the charter).
2023 Bank KB Bukopin Governance Self Assessment, this report h. Increasing understanding of regulations through the E
presents the strengths and weaknesses of each aspect of the Learning Human Capital Morning Quiz which all employees
KB Bank Governance Self Assessment as well as follow-up plans regularly take part in is carried out 2 (two) times in 1 (one)
for implementing Governance, as follows: month.
i. The Board of Directors and Board of Commissioners have
Strength of Implementation of Governance implemented the principle of prudence in providing funds
1. Governance Structure to related parties and providing large funds quite well.
a. The number and composition of the Board of Submission of transparent financial and non-financial
Commissioners and Directors is in accordance with the conditions, GCG implementation reports and internal
provisions of applicable laws and regulations, taking into reporting is in accordance with applicable regulations
account the scale and complexity of the business and and ensures the realization of the achievements of the
paying attention to background experience, education and Bank’s Strategic Plan and reporting it to the OJK.
training to meet the requirements, integrity, competence, j. The Bank has an information system to support business
independence and adequate financial reputation to activities and operational activities as well as to support
support performance of the Bank. the process of implementing internal control. The Bank is
b. The Bank has made efforts to accelerate the Fit & Proper committed to always developing sustainable information
test submission to the OJK, so that it reaches the position systems in line with business developments and challenges.
of December 2023. Information systems that are already running include the
c. All members of the Board of Commissioners have passed E-Flow System, Microfinance Information System (SIKM),
the Fit & Proper test, and BukiSys (AS400), Risk Control Self Assessment (RCSA),
d. All members of the Board of Directors have passed the go-AML, Silverlake, SME Credit Tools (SCT), and Loan
Fit & Proper test. Origination System (LOS), Sanction Screening, Anti Money
e. The implementation of the duties and responsibilities Laundering (AML) Monitoring System, and Enysis.
of the Board of Directors, especially in implementing k. Develop and strengthen the organizational structure to
and fulfilling GCG principles, has been adequate. This mitigate reputation risks and manage media handling by
is reflected in the completeness of the structure which establishing a Corporate Relations Department. Apart from
includes Compliance Work Unit, Risk Management that, a unit was also formed to implement and monitor
Work Unit, Quality Assurance Work Unit, and Internal provisions related to consumer protection, namely the
Audit Work Unit (SKAI). Each work unit has adequate Consumer Protection work unit under the Compliance &
composition, competence and criteria so that it is able Quality Assurance Division.
to work independently of business and operational work l. A policy update initiative has been carried out on existing
units and perform its duties in accordance with applicable policies. The Bank is currently in the stage of mapping
regulations. all policies, identifying policy owners, separating policies
f. Has committees to support the performance of the that are still valid and no longer valid and at the end of
Board of Directors, including the Risk Management the second semester of 2023 at the stage of monitoring
Committee, Risk Management Support Committee, updates for each policy owner.
Assets and Liabilities Committee, Credit Committee,
Remedial Committee, IT Steering Committee, IT Support
Committee, Integrated Risk Management Committee,
Internal Control Committee and Anti Fraud, Employee
Disciplinary Committee (KDK), Human Capital Committee
and Goods and Services Procurement Committee.
460 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 461
m. During the second semester of 2023, there were 51 iii) Organized several meetings together with the Board
policies that have been updated and new policies have of Commissioners, Committees under the Board of
been made and to improve the governance of credit Directors, and with related work units to discuss
decision making, several policies have been created, strategic issues and find solutions for corrective steps.
including: iv) Has prepared a Bank action plan requested by the
i) Circular No. SE/068/DIR/VII/2023 concerning OJK and a report has been made on the realization
Guidelines for Distribution of Environmental and Social of the action plan to the OJK.
Credit to PT Bank KB Bukopin Tbk. v) Prepare Quarterly Bank Business Realization Reports
ii) MEMO No. 080/MEMO-DIDB/VIII/2023 concerning comprehensively and submit them on time.
Special Pricing Guidelines for SME Credit vi) Selling Bad Assets and NPLs through several schemes
iii) Circular No. SE/067/DRS/VII/2023 concerning the by first carrying out legal studies, both internally and
Special Mortgage Consumer Credit Product Program externally, to mitigate legal risks that may arise in
iv) Circular No. SE/077/DIR/VIII/2023 concerning the future.
Guidelines for the Wholesale and SME Credit Approval vii) Conducting a series of stress tests as an anticipatory
Process step for the Bank towards future conditions, including:
v) Decree No. 0153 of 2023 concerning Addendum the end of the Covid restructuring and its impact on
V on Special Treatment Policies for Debtors due to the Bank’s liquidity and capital ratios, increasing the
the Impact of the Spread of Corona Virus Disease GWM and simulating TPF withdrawals, carrying out
(COVID-19) regular NSFR and LCR calculations.
vi) Circular No. SE/085/DRS/IX/2023 concerning KPR viii) Following up on findings and recommendations from
Express Take Over and Top Up Program Products the results of SKAI inspections, External Audits, and
from Take Over (Extension) supervision by competent authorities, including by
vii) Decree No. 0206 of 2023 concerning Institutional preparing action plans to prevent and resolve non-
Policy and Authority of the PT Credit Committee. compliance event problems.
PT Bank KB Bukopin Tbk ix) Support to strengthen the implementation of better
viii) MEMO No. 120/Memo-DIDB/XI/2023 Special Pricing corporate governance and compliance culture, by
Guidelines for SME Credit. ratifying several policies, including:
ix) Decree No.0153 of 2023 Addendum V regarding the • Clean Desk Policy.
Special Treatment Policy for Debtors Due to the Impact • Rules for Wearing Clothing and Work Appearance.
of the Spread of the Corona Virus Disease (Covid-19). • Employee Discipline Regulation Policy (PDK)
n. Developing an Information Technology Group which is • Asset and Liabilities Management Committee
divided into four main functions, namely IT Planning & (ALCO) Policy
Operation Division, IT Development, IT Security and Digital. • Organizational Duties and Responsibilities Policy.
As an effort to obtain a competitive advantage, especially • PT Bank KB Bukopin Tbk Code of Conduct
in the IT aspect, so that we can directly participate in • Internal Control Committee Policy.
accelerating the achievement of the Bank’s performance • Policy No. 001 of 2023 Policy Concerning Hierarchy
targets, and a cyber security function that is independent & Governance Internal Regulations of PT Bank KB
of the IT Plan and IT Operations. Bukopin Tbk
o. The Strategic Heading of the Bank’s agenda for 2023 is • Guideline No. 002 of 2023 Guidelines on
“BISA” which means the Bank wants to achieve progress Internalization Mechanisms for Bank External
together through fundamental changes with a focus Regulations
on 4 main pillars, namely Boost Sales Performance, x) Perform other duties and responsibilities based on
Innovation for Turnaround, Strengthening the Quality recommendations from regulators and directions/
of Assets, Advanced IT & Digital. With these four things, advice of the Board of Commissioners while still
the Bank’s business can grow sustainably with a focus on referring to the provisions of the company’s articles
Good Banking which is supported by improvements in IT of association and applicable laws and regulations.
infrastructure and digital innovation
2. Governance Process
a. The Board of Directors carries out the governance process
in accordance with GCG principles in performing their
duties and responsibilities according to their authority,
including:
i) Applying GCG principles in the form of Transparency,
Accountability, Responsibility, Independence and
Fairness.
ii) Take strategic decisions based on the decisions of the
Board of Directors Meeting which are stated in the
meeting minutes and are well documented.
PT Bank KB Bukopin Tbk Annual Report 2023 461
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Good Corporate Governance
b. The Bank strengthens its compliance function by i) additional investment to KB Bukopin Finance IDR
making various efforts to reduce regulatory fines and 592,000,000,000;
fulfill commitments to regulators, namely; through ii) additional investment to KB Bukopin Syariah IDR
visits to branches by both the Board of Directors and 680,000,000,000;
the Compliance & QA Division, conducting focus group iii) new good quality credit expansion phase I IDR
discussions by the Compliance Department, Quality 538,983,645,870;
Assurance Department, and SKAI, as well as monitoring iv) I new good quality credit expansion phase II IDR
the fulfillment of commitments, monitoring reports and 5,549,414,847,586;
fines by the Compliance Department. v) public offering costs IDR 60.661.014.127.
c. The Bank coordinates with Bank KB Bukopin Syariah and d. Based on DPD data at the end of December 2023, there
KB Bukopin Finance in order to strengthen governance are no debtors with a Day Past Due of more than 1 day
with subsidiaries to ensure the level of compliance with for Wholesale debtors, while for SME debtors the drop in
regulations and follow-up to audit findings is properly 2021 is 1.89%, in 2022 it is 5.42% and in 2023 it is 1.02%.
monitored in subsidiaries. e. The bank’s fundamental financial ratios are still
d. Adjusting the credit Risk Weighted Asset (RWA) in well maintained and in accordance with applicable
accordance with SEOJK no. 24/SEOJK.03/2021 and regulations.
the operational RWA in accordance with SEOJK no. 6/ f. The bank received an idAAA rating with a stable outlook
SEOJK.03/2020. from the credit rating agency, Pefindo. This achievement
e. Perform credit examination activities both regularly in shows that the Bank has reliability in terms of financial
several branches and on special credit examinations. strength, stability and various other advantages.
f. The Board of Commissioners has carried out a process g. The bank received a AAA(idn) rating from Fitch Rating.
of monitoring the duties and responsibilities of the Board h. One of the bank’s preparations for becoming “Next Level
of Directors, including: Banking” is the SHINE Project, which has completed
i) Conduct regular evaluation and monitoring of financial several activities as follows:
performance. i) Implementation of Dedicated Line in DC, DRC, and
ii) Conduct discussions on the Bank’s strategic policies. 176 Indonesian branches
iii) Ensure follow-up on SKAI findings, follow-up on ii) Implementation of SDWAN in all 176 Indonesian branches
external audit audit reports, results of supervision iii) Implementation of a budget/expense system
by competent authorities and matters relating to the iv) KBStar M10 implementation
Board of Directors’ commitment to implementing GCG v) Silverlake development for credit cards
principles. vi) Has implemented PAB licensing for the KBStar Application
g. All Committees that support the implementation of the i. The Bank has successfully launched KB Star on
duties of the Board of Commissioners have carried out September 22, which is a Digital Banking Platform, to
their duties well and acted independently, including: support cardless withdrawals, branchless banking, One
i) Provide recommendations to the Board of Stop Service and other digital services, increasing the
Commissioners based on adequate analysis. value proposition and new opportunities for the Bank
ii) Coordination between the Committees under regarding changes in customer transaction patterns
the Board of Commissioners with SKAI, the Risk which are already moving towards digital.
Management Work Unit and the Compliance Work j. Bank mendapatkan 3 (tiga) penghargaan dari Business
Unit is going well, this is reflected in the discussions News Indonesia, yaitu:
held in order to evaluate the results of SKAI findings, i) The Best GRC For IT/Digital Transformation 2023
the implementation of Risk Management and Category - Banking Industries
monitoring the implementation of the Compliance ii) The Best CEO For GRC Excellence 2023
Function towards fulfilling commitments regarding iii) The Best GRC For Corporate Governance & compliance
the results of OJK audits and Bank Indonesia. 2023
iii) There has been strict sanctions for violations to k. The Bank received an award from the Indonesian
create a culture of compliance. Institute for Corporate Directorship, namely, Top 50
Mid Capitalization (Mid Cap) Public Listed Company.
3. Governance Outcomes l. The Bank received an award from the Indonesia Top
a. The Board of Commissioners and Directors of the Bank Banking CEO Award 2023, namely TOP 10 Banking
have carried out their duties and held meetings both CEO 2023
individually and jointly in accordance with applicable m. The bank received an award from Infobank, namely
regulations and administered each meeting minutes Top 100 CEO 2023
document.
b. b. The Bank submits the Fund Utilization Result Report for
the period of June and December related to the action of
increasing capital that was conduct through the Rights
Issue on May 31, 2023.
c. As of December 2023, the Bank has realized the use
of Limited Public Offering VII funds amounting to IDR
7,360,398,493,456 with the following details:
462 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 463
n. The Bank continues to continuously build a compliance v. The Bank has realized capital investment in subsidiaries
culture and risk culture by strengthening the Compliance in accordance with the Bank’s Business Plan using funds
Function, Risk Management, Internal Audit Function and from Limited Public Offering VII.
Quality Assurance at all levels of the organization, including w. The Bank follows up on the resolution of consumer
fulfilling and following up on the findings of internal and complaints and reports regularly regarding consumer
external auditors and other supervisory authorities. complaints to the OJK.
o. The Bank has implemented transparency in Financial and
Non-Financial Reports periodically in accordance with Weaknesses in the Implementation of Governance
applicable regulations and provided and/or conveyed
information regarding products and/or services that is 1. Governance Structure
accurate, honest and clear both through the KB Bank There is still a need for revamping and refining several policies,
website and/or print media. especially in credit risk management, including the Covid
p. The Internal Audit Work Unit and Anti-Fraud Work Unit Restructuring Policy, the Policy for handling Problem Loans,
have carried out audits and monitoring which are carried the Write-Off and AYDA Policy, the Export Proceeds Foreign
out independently and continuously in accordance with Exchange Policy, the Policy on Human Resources activities,
the annual audit work plan / risk based audit and the including the TKA policy, Bank Code of Conduct Policy .
established Anti-Fraud strategy plan. Identification of the problem / Root cause is:
q. External Audit has acted objectively in conducting audits a. There are still some policies related to credit risk
so that the audit results submitted to Management have management that do not yet have implementation
described KB Bank problems which will be followed up by instructions.
KB Bank Management. The results of the external audit b. HR management is not yet optimal, especially regarding
are submitted in a timely manner to the OJK. foreign workers, and the Bank’s Code of Conduct policy
r. Perform continuous business process improvements, still requires updating
one of which is by regulating the credit approval process
through Committee decisions. This is aimed at improving In connection with this matter, in order to improve the Bank
the implementation of risk management at all levels of the has carried out:
organization involved in the Bank’s credit activities and a. Revamp and addendum to policies related to credit
preventing abuse of authority or acts of fraud committed risk management, as well as confirmation in the form
by employees. of creating technical instructions related to credit risk
s. The Bank follows up on the results of OJK and Bank management.
Indonesia audits in accordance with commitments up b. Revamped the Bank’s Code of Conduct and has been
to December 31, 2023, with achievements based on socialized to all Bank Organizations.
the Bank’s assessment results as follows: 2. Governance Process
i) Inspection by the OJK in 2023 at the Head Office a. It is necessary to improve the fulfillment of the Bank’s
with 266 commitments that must be followed up by commitments to Regulators, including accuracy and
the end of December 2023 and all of them have been speed, which requires active supervision by the Board
followed up with the follow-up position achieved at of Directors and Board of Commissioners.
the end of December 2023 of 100%. b. There are still repeated findings in operational activities
ii) The examination by Bank Indonesia in 2021 with the and business processes from OJK, SKAI inspections and
Scope of Technology which must be followed up by QA observation results.
the end of December 2023 is 29 commitments and c. There are still errors/corrections made in filling out reports
all of them have been followed up with the follow-up to the OJK, including reporting Integrated Commercial
position achieved at the end of December 2023 of Bank Reports (LBUT) and APOLO. As well as delays in
100%. responding quickly to letters regarding action plans from
t. In response to the fulfillment of the follow-up actions the OJK.
submitted by the Bank to the OJK, the OJK then d. It is necessary to improve the management of open items,
carried out an evaluation and from the results of the proof sheets and postings on various assets
OJK evaluation there were additional documents for 57 Identification of the problem / Root cause is:
commitments which still had to be followed up and the a. Guidelines as technical instructions for fulfilling requests
Bank has followed up with the following explanation: for data and information from regulators need to be refined
i) A total of 42 commitments were followed up in to clarify the responsibilities of each party.
December 2023 and have been fulfilled 100%; And b. It is necessary to strengthen the supervision function in
ii) A total of 12 commitments were followed up in January all Bank operational activities.
2024 and 3 commitments were followed up in March c. There are human errors, manual processes, and increased
2024. supervision.
u. The Bank fulfills data requests from the OJK in the context d. Lack of strict monitoring by RTU and/or supervision of
of daily supervision. these accounts.
PT Bank KB Bukopin Tbk Annual Report 2023 463
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Good Corporate Governance
In connection with this matter, in order to improve the Bank has carried out:
e. Guidelines for fulfilling requests for data and information in the context of supervision and inspection have been created and
socialized to all parts of the organization so that they can be understood. There has been a commitment from the Board of
Directors through the BOD meeting to fulfill all of the Bank’s commitments to the Regulator.
f. There is socialization of findings from Regulators, SKAI and QA to become lessons learned.
g. Request changes have been entered for several reports in the development of the SHINE project.
h. An action plan has been carried out to do mapping and completion (Department of Finance and Asset Management)
3. Governance Outcome
a. There are several strategic targets of the Bank that have not yet been achieved, including:
i) Increase in Assets
ii) Good Bank Improvement
iii) Bad Bank Decline
iv) Profit and loss
b. There are still fines as a result of inaccurate and inaccurate reporting to regulators.
c. c. There are still fraud findings based on the results of internal audits of events that occurred in the past.
Identify the Root Cause of the problem:
a. It is necessary to evaluate implementation and improve and refine business strategies and processes to ensure the Bank’s
performance is in accordance with the Bank’s Business Plan.
b. There is a need to improve the quality of information management and Bank systems as well as monitoring by supervision.
c. There is still a need to increase/awareness of Bank compliance at all levels of the organization.
In connection with this matter, in order to improve the Bank will carry out:
a. Creation of a new Bank Business Plan for 2024 which was sent to the OJK, and a good action plan for resolving Bad Bank
to the OJK.
b. Ensure data and reporting on SHINE development is organized according to targets, monitoring and providing reminders by
the Compliance Department to each RTU to fulfill commitments.
c. Determine strategies to improve risk and compliance-based corporate culture programs to encourage increased performance,
as well as enforce sanctions against perpetrators of fraud.
464 Annual Report 2023 PT Bank KB Bukopin Tbk
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PT Bank KB Bukopin Tbk Annual Report 2023 465
Page 466
7 Corporate Social Responsibility Governance 466 Annual Report 2023 PT Bank KB Bukopin Tbk
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PT Bank KB Bukopin Tbk Annual Report 2023 467
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Corporate Social Responsibility Governance
CORPORATE SOCIAL
RESPONSIBILITY GOVERNANCE
CORPORATE SOCIAL RESPONSIBILITY GOVERNANCE
KB Bank is strongly committed to implementing Social and climate change and preventing global warming. This
Environmental Responsibility (CSER) activities which are implementation must be carried out together throughout
implemented with a measurable, planned, integrated and the world by ensuring the implementation of development
sustainable approach. This commitment is fully in line with with low greenhouse gas (GHG) emissions and providing
the company’s mission, especially in providing optimal benefits financing that is environmentally, socially and governance
for shareholders, employees, the global community, and in (ESG) sound;
harmony with the principle of caring for the environment. KB 3. Instructions from the President of the Republic of Indonesia,
Bank supports the realization of the United Nations resolution Financial Services Authority (OJK) Regulations and OJK
on 21 October 2015 which issued a resolution regarding the Circulars regarding literacy and education as well as
Sustainable Development Goals (SDGs). financial inclusion for the community;
4. National Strategy for Financial Inclusion (SNKI) which was
inaugurated by the President of the Republic of Indonesia
The Bank’s CSER commitment and activities essentially refer to on 18 November 2016;
aspects of Good Corporate Governance and Good Corporate 5. OJK Regulation no. 51/POJK.03/2017 regarding the
Responsibility. The Bank’s compliance with laws and regulations implementation of Sustainable Finance for Financial
related to economic, environmental and social aspects is an Services Institutions, Issuers and Public Companies.
indicator in measuring the performance of the Bank’s CSER Commitment to conducting CSER activities that support
Program. The implementation of the KB Bank CSER program the implementation of sustainable finance.
is also a form of the Bank’s support for, among other things:
1. The Indonesian government has signed the Paris Agreement, KB Bank realizes that the Bank has a moral obligation to provide
an agreement in the Framework Convention; benefits, including increasing access for the community to
2. United Nations Climate Change or United Nations achieve better economic, social conditions and quality of
Framework Convention on Climate Change (UNFCCC), life. For this reason, KB Bank is committed and responsible
regarding greenhouse gas (GHG) emission mitigation, in implementing the CSER program to continue to strive a
adaptation, and finance. Through the Paris Agreement, balance between business growth and the benefits that can
Indonesia is committed to supporting the reduction of be provided.
468 Annual Report 2023 PT Bank KB Bukopin Tbk
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KB Bank has formulated Sustainability Banking Principles, namely all principles for managing the Company’s activities in the
aspects: customer, business strategy, banking operations, risk management, human capital and community development.
Sustainable economic growth
Implementation of
by balancing economic,
Sustainable Finance in the
social, and environmental
Company
interests
BASIC FOUNDATION FOR SCOPE OF SOCIAL AND
IMPLEMENTING SOCIAL ENVIRONMENTAL RESPONSIBILITY
AND ENVIRONMENTAL PROGRAM MANAGEMENT
RESPONSIBILITY PROGRAMS
The implementation of CSER activities is coordinated by the
In general, the implementation of the KB Bank CSER program Communication Work Unit. The person responsible for managing
refers to applicable laws and regulations, including: the CSER program at KB Bank is in the Corporate Secretary
1. Law no. 40 of 2007 regarding Limited Liability Companies, Department under the supervision of the President Director.
especially Article 1 paragraph 3; In its implementation, CSER activities are often conducted
2. Law no. 8 of 1995 regarding Capital Markets; in collaboration with other departments, branch offices, KB
3. Law no. 25 of 2007 regarding Capital Investment; Kookmin Bank, KB Financial Group, Subsidiary Companies,
4. Law no. 32 of 2009 regarding Environmental Protection Baitul Maal KB Bukopin, KB Bukopin Club, KB Bukopin Employee
and Management; Welfare Foundation, Bukopin Employee Cooperative, Mosque
5. Regulation of the Minister of Social Affairs of the Republic Council, or other institutions.
of Indonesia no. 13 of 2012 regarding the Business World
Responsibility Forum in Implementing Social Welfare; SUSTAINABLE FINANCIAL
6. Government Regulation No. 47 of 2012 regarding Social STRATEGY IN SUPPORTING THE
and Environmental Responsibility; BANK’S CSER PROGRAM
7. Financial Services Authority Regulation no. 51/POJK.03/2017 KB Bank has a Phase I Sustainable Finance Roadmap to support
regarding the Implementation of Sustainable Finance the Bank’s CSER program, and has produced several initiatives
for Financial Services Institutions, Issuers and Public that are the foundation for changing the mindset of business
Companies. actors. First, based on the OJK guidelines, it has introduced
eight principles of Sustainable Finance which are used as a
reference for financial service institutions in implementing the
Sustainable Financial Plan, as follows:
PT Bank KB Bukopin Tbk Annual Report 2023 469
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Corporate Social Responsibility Governance
Responsible Investment Sustainable Business Strategy and Practice
Management of Social and
Governance
Environmental Risks
PRINCIPLE OF
SUSTAINABLE FINANCE
Informative Communication Inclusive
Development of Priority Sectors Coordination and Collaboration
Based on these guidelines, the Bank has established 4 main financing initiatives. Based on the Sustainable Finance Roadmap
pillars in the Sustainable Financial Plan with the objectives, Phase II (2021 - 2025), the following are the Phase II Roadmap
namely: Development Priorities:
1. KB Bukopin for the Nation aims to support the distribution of 1. Development of a green taxonomy which aims to classify
government loan programs, financial inclusion, and improve sustainable financing and investment activities in Indonesia.
the quality of human resources for Indonesian youths. 16 This classification is the basis for all stakeholders in
2. KB Bukopin Care aims to increase the awareness of KB Indonesia in sustainable economic activities.
Bukopin Bank personnel towards the environment and 2. Implementation of ESG (Environmental, Social and
natural resources in every step of the Bank’s business and Governance) aspects into risk management that aims
operational activities. to increase resilience and mitigating environmental and
3. KB Bukopin’s From Us For Us aims to support the social risks that can affect financial industry business
development of quality and competitive internal human processes. This effort is carried out through reporting on
resources at Bank KB Bukopin. environmental, social and governance aspects, developing
4. KB Bukopin Satu aims to improve organizational adjustments key performance indicators and is supported by increasing
by considering sustainable aspects related to social and overall human capital capacity.
environmental issues. 3. Real program development is intended to provide successful
examples of innovative development of green schemes
In order to support the implementation of the next Sustainable thereby increasing the role of the financial industry in
Finance Roadmap, the Bank continues to adhere to these main sustainable financing. Real program implementation is
pillars by adjusting the supporting initiatives. In accordance conducted through collaboration with relevant ministries/
with the Roadmap, the Sustainable Finance Roadmap Phase institutions and other stakeholders. This effort is in line with
II focuses on creating a comprehensive sustainable financial the development of the government’s leading economic
ecosystem, by involving all related parties and encouraging the sectors and is the basis for developing green financing
development of cooperation with other parties. The Sustainable schemes.
Finance Roadmap Phase II (2021 - 2025) is expected to become 4. Innovation in sustainable financial products and services
a foundation for the Financial Services Sector and a reference in order to accelerate the financial industry’s transition
for relevant Ministries/Institutions (K/L) in developing innovative towards sustainability which are carried out by developing
innovative sustainable project financing/funding schemes.
Aspects to be considered in innovative schemes are
openness of information, inclusiveness, expert support,
long-term goals and credibility.
470 Annual Report 2023 PT Bank KB Bukopin Tbk
Page 471
5. National sustainable finance campaign which aims to build 4. Influence
understanding of the importance of activities that consider If a person or organization has influence on the Company
environmental, social and governance aspects. This effort or other stakeholders’ strategies or policies.
is carried out through the formation of a communication 5. Diverse Perspective
strategy as well as various educational and outreach View If a person or an organization has a different view
activities. that can influence the situation and encourage action that
did not exist before.
IMPORTANT STAKEHOLDERS 6. Proximity
SOCIALLY, ECONOMICALLY AND If a person or an organization has geographical and
ENVIRONMENTALLY IMPACTED OR operational proximity to the Company.
AFFECTED BY BANK ACTIVITIES
Based on the identification carried out, KB Bank identified a
Identification of stakeholders is an important part in formulating number of stakeholders who have a direct impact or a large
strategies for implementing the CSER program. By mapping influence on KB Bank’s business activities, and have a very
stakeholders and their impacts and influences, the Company large role in supporting the operational success of KB Bank,
can develop a CSER program that is more focused and on including:
target. 1. Customer;
2. Shareholders;
KB Bank identified stakeholders by referring to the 2015 version 3. Government and Financial Authorities;
of the Stakeholder Engagement Standard, which is divided into 4. Employees;
6 (six) attributes as follows: 5. Trade Unions;
1. Dependency 6. Work Partners/Suppliers;
If the Company is dependent on a person or organization, 7. Business Organization;
or vice versa. 8. Community Organizations/Social Organizations/Non-
2. Responsibility Governmental Organizations;
If the Company has legal, commercial or ethical 9. Media.
responsibilities towards a person or organization.
3. Tension
If a person or an organization requires the Company’s
attention regarding certain economic, social or
environmental issues.
IMPORTANT SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES
AND RISKS RELATED TO THE IMPACT OF BANK ACTIVITIES
Apart from mapping stakeholders who are affected and have an impact on the Bank’s activities, through Focus Group Discussions
(FGD) KB Bank also carries out mapping related to important social, economic and environmental issues and risks related to
the impact of KB Bank’s activities. These important issues and risks are then used as the basis for determining priorities and
establishing strategies that will be implemented by management.
Important economic, social and environmental issues and risks related to the impact of KB Bank’s activities are as follows:
Issues Impact
Economic Issues
Direct Economic Value Generated and Distributed Significantly impacts the shareholders
Indirect Economic Impact Impacts the shareholders, customers, government and financial
authorities, business organizations, community organizations, work
partners, society and the media
Social Issues
Employment Significantly impacts the government (regulator), unions and Employees
Occupational Health and Safety Significantly impacts the employees
Education and Training Significantly impacts the employees
Local Communities Significantly impacts the stakeholders
Environmental Issues
Energy Impacts the sustainability of the environment
Water Impacts the sustainability of the environment
PT Bank KB Bukopin Tbk Annual Report 2023 471
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Corporate Social Responsibility Governance
CSER 2023 BUDGET AND FEATURED PROGRAMS
In 2023, the Bank has allocated funds amounting to IDR 900,000,000 to carry out CSER activities with four CSER fields consisting
of education, environment, social and religious affairs. For HC competency development, a 5% of the Employment Costs (BTK)
is budgeted and to be incurred by the Bank.
No Scope Nominal
1. Education Rp62.000.000
2. Community Social Rp223.587.450
3. Religious Affairs Rp472.000.000
Total Rp757.587.450
In line with the government’s sustainability vision, KB Bank’s CSER activities in 2023 are focused on supporting the implementation
of this vision while still paying attention to national economic conditions and the internal conditions of Bank KB Bukopin. Some
of the featured programs for the 2023 CSER activities are as follows:
TJSL/CSR Sustainable
No. Explanation Achievement
Activity Type Development Goals
1. Distribution of Support for SDGs No. 2 – Zero Hunger Budget allocation Distribution of Takjil snacks and dinner
Ramadan Activities (Iftar IDR 147,000,000 for residents and motorists passing
Together) through the Ar Ridho through the Ar Ridho & Al Ikhlas mosque
mosque & Al Ikhlas mosque. Implementation period: area
Month March 24 - April 18 2023
2 Distribution of Qurban animals SDGs No. 2 – Zero Hunger Budget allocation A total of 10 cows are distributed for
to residents who are entitled IDR 275,000,000 Qurban
to receive them around Cikoko,
Tebet, S. Parman and proposals Implementation period:
submitted. June 29, 2023
3 Support for UGM Faculty of SDGs No. 4 – Quality Budget allocation A series of competition events have
Cultural Sciences activities, Education IDR 12,000,000 been held to improve foreign language
Beat The Quest skills and hone students’ soft skills,
Implementation Period: especially in the field of Arts & Culture
November 11, 2023
4 Support for MUI International SDGs No. 16 – Peace, Budget allocation The purpose of the International
Conference Activities Justice, and Strong IDR 50,000,000 Conference: to convey the message
Institutions of peace and its solutions to people
Implementation Period: of different ethnicities, cultures
May 21-23, 2023 and religions as well as to form the
readiness of society and its anticipation
of changes in the world’s cultural order,
especially technology, industry and the
economy
STATEMENTS REGARDING CSER ACTIVITIES AS
DISCLOSED IN THE SUSTAINABILITY REPORT
Information regarding KB Bank’s Social and Environmental Responsibility (CSER) program in 2023 has been comprehensively
disclosed in the Bank’s Sustainability Report for the 2023 Financial Year which is presented separately. However, the information
is an inseparable part of this Annual Report as directed by the Financial Services Authority Circular Letter No. 16/SEOJK.04/2021.
The contents of the KB Bank Sustainability Report for the 2023 Financial Year include the points as directed by SEOJK No. 16/
SEOJK.04/2021, namely as follows:
1. Explanation of Sustainability Strategy;
2. Overview of Sustainability Aspects (economic, social and environmental);
3. Brief Company Profile;
4. Explanation from the Board of Directors;
5. Sustainability Governance;
6. Sustainability Performance (economic, social and environmental);
7. Written Verification from an Independent Party;
8. Readers’ Feedback Sheet; And
9. Company Responses to Previous Year’s Report Feedback.
472 Annual Report 2023 PT Bank KB Bukopin Tbk
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The Bank’s CSER program is always aligned with the company’s objectives as stated in the RAKB which is implemented in a directed, structured and sustainable manner. Apart from being expected to improve its corporate image, the CSER Bank program is also aimed at providing a positive impact on society and the environment in order to achieve the Sustainable Development Goals. PT Bank KB Bukopin Tbk Annual Report 2023 473
Page 474
8 Financial Report
Page 475
Page 476
PT Bank KB Bukopin Tbk Dan Entitas Anak/And Subsidiaries Laporan Keuangan Konsolidasian/ Consolidated Financial Statements Untuk Tahun yang Berakhir 31 Desember 2023/For the Year Ended December 31, 2023
Page 477
PT BANK KB BUKOPIN TBK DAN ENTITAS ANAK/AND SUBSIDIARIES
DAFTAR ISI/TABLE OF CONTENTS
Halaman/
Page
Laporan Auditor Independen/Independent Auditors’ Report
Surat Pernyataan Direksi tentang Tanggung Jawab atas Laporan Keuangan Konsolidasian
PT Bank KB Bukopin Tbk dan Entitas Anak untuk Tahun-tahun yang Berakhir 31 Desember
2023 dan 2022/
The Directors’ Statement on the Responsibility for Consolidated Financial Statements of
PT Bank KB Bukopin Tbk and Subsidiaries for the Years Ended December 31, 2023 and
2022
LAPORAN KEUANGAN KONSOLIDASIAN - Untuk Tahun-tahun yang Berakhir 31 Desember
2023 dan 2022/
CONSOLIDATED FINANCIAL STATEMENTS - For the Years Ended December 31, 2023 and
2022
Laporan Posisi Keuangan Konsolidasian/Consolidated Statements of Financial Position 1-2
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian/Consolidated
Statements of Profit or Loss and Other Comprehensive Income…………………………. 3-4
Laporan Perubahan Ekuitas Konsolidasian/Consolidated Statements of Changes in
Equity……………………………………………………………………………………………… 5-6
Laporan Arus Kas Konsolidasian/Consolidated Statements of Cash Flows…………………… 7-9
Catatan atas Laporan Keuangan Konsolidasian/Notes to Consolidated Financial
Statements……………………………………………………………………………………….. 10-227
Informasi Tambahan/Additional Information……………………………………………………… 228-237
Lampiran/
Attachment
Laporan Posisi Keuangan Entitas Induk/Statements of Financial Position of Parent Entity……… 1
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Entitas Induk/ Statements of Profit or
Loss and Other Comprehensive Income of Parent Entity…………………………………………….. 2
Laporan Perubahaan Ekuitas Entitas Induk/Statements of Changes in Equity of Parent Entity…. 3
Laporan Arus Kas Entitas Induk/ Statements of Cash Flows of Parent Entity…………………….. 4
Pengungkapan Lainnya/Other Disclosures……………………………………………………………. 5
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PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Posisi Keuangan Consolidated Statements
Konsolidasian Of Financial Position
Tanggal 31 Desember 2023 As at December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
ASET ASSETS
Kas 289.184 3,46,51 524.320 Cash
Giro pada Bank Indonesia 3.205.619 4,46,51 4.140.431 Current accounts with Bank Indonesia
Giro pada bank lain 5,46,38 Current accounts with other banks
Pihak berelasi 6.377 75.647 Related party
Pihak ketiga 336.504 668.412 Third parties
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (300) (89) impairment losses
Current accounts with
Giro pada bank lain - neto 342.581 743.970 other banks - net
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain 6,46,51 and other banks
Pihak ketiga 2.133.567 12.180.830 Third parties
Surat-surat berharga: 7,46,51 Marketable securities:
Diukur pada nilai Fair value through
wajar melalui laba rugi 5.322.930 3.362.099 profit or loss
Diukur pada nilai Fair value through
wajar melalui penghasilan other comprehensive
komprehensif lain 3.067.387 588.835 income
Diukur pada biaya Measured at
perolehan diamortisasi 9.145.932 8.059.020 amortized cost
17.536.249 12.009.954
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (109) (76) impairment losses
Surat-surat berharga - neto 17.536.140 12.009.878 Marketable securities - net
Surat-surat berharga yang dibeli Marketable securities purchased with
dengan janji dijual kembali - neto 2.572.152 8,46,51 - agreements to resell - net
Tagihan derivatif 3.040 11,46,51 9.254 Derivative receivables
Kredit yang diberikan dan
pembiayaan/piutang Loans and sharia
syariah 9,40,46,51 financing/receivables
Pihak berelasi 640.646 38 761.333 Related parties
Pihak ketiga 48.777.970 49.822.101 Third parties
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (3.582.834) (1.626.676) impairment losses
Kredit yang diberikan dan
pembiayaan/piutang Loans and sharia
syariah - neto 45.835.782 48.956.758 financing/receivables - net
Tagihan akseptasi 132.577 10,40,46 17.346 Acceptance receivables
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (1.613) (211) impairment losses
Tagihan akseptasi - neto 130.964 17.135 Acceptance receivables - net
Penyertaan saham 15 12,46 15 Investments in shares
Aset tetap dan aset hak guna 4.646.734 13 4.686.955 Fixed assets and right of use assets
Dikurangi: Akumulasi penyusutan (1.413.059) (1.290.753) Less: Accumulated depreciation
Aset tetap dan aset hak guna- neto 3.233.675 3.396.202 Fixed assets and right of use assets - net
Aset pajak tangguhan - neto 2.670.543 21c 1.942.151 Deferred tax assets - net
Aset takberwujud 635.815 14 485.049 Intangible assets
Dikurangi: Akumulasi Less: Accumulated
amortisasi dan amortization and
penurunan nilai (350.230) (283.055) impairment losses
Aset tak berwujud - neto 285.585 201.994 Intangible assets - net
Aset lain-lain - neto 6.068.453 15,46,51 5.872.414 Other assets - net
TOTAL ASET 84.307.300 89.995.352 TOTAL ASSETS
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-1-
Page 487
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Posisi Keuangan Consolidated Statements
Konsolidasian (lanjutan) Of Financial Position (continued)
Tanggal 31 Desember 2023 As at December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 431.402 16,46,51 388.522 Liabilities immediately payable
Simpanan nasabah 17,18,19,46,51 Deposits from customers
Giro 17 Demand deposits
Pihak berelasi 9.094 38 260.318 Related parties
Pihak ketiga 3.168.554 3.317.609 Third parties
Tabungan 18 Saving deposits
Pihak berelasi 18.491 38 9.870 Related parties
Pihak ketiga 6.854.693 6.945.914 Third parties
Deposito berjangka 19 Time deposits
Pihak berelasi 40.311 38 55.847 Related parties
Pihak ketiga 34.698.000 41.372.812 Third parties
Simpanan dari bank lain 20 Deposits from other banks
Pihak berelasi 7.699.413 38 10.121.907 Related parties
Pihak ketiga 187.308 259.468 Third parties
Surat-surat berharga Marketable securities
yang dijual dengan janji sold with agreements
dibeli kembali – neto 219.631 22,46 - to repurchase - net
Liabilitas derivatif 808 11,51 12.259 Derivative payables
Liabilitas akseptasi 132.577 10,46 17.346 Acceptance payables
Pinjaman yang diterima 23,46 Borrowings
Pihak berelasi 6.544.886 38 6.533.582 Related parties
Pihak ketiga 5.159.606 4.666.549 Third parties
Surat berharga yang diterbitkan 3.397.588 24,38,46 3.392.718 Marketable securities issued
Utang pajak 64.635 21a 56.496 Tax payables
Liabilitas lain-lain 1.570.140 26,51 1.367.530 Other liabilities
TOTAL LIABILITAS 70.197.137 78.778.747 TOTAL LIABILITIES
EKUITAS YANG DAPAT EQUITY ATTRIBUTABLE TO
DIATRIBUSIKAN KEPADA EQUITY HOLDERS OF
PEMILIK ENTITAS INDUK THE PARENT ENTITY
Modal saham Share capital
Saham biasa kelas A - Common A shares -
niIai nominal Rp10.000 (nilai penuh) Rp10,000 (full amount) par value
Saham biasa kelas B - Common B shares -
niIai nominal Rp100 (nilai penuh) Rp100 (full amount) par value
Modal dasar Authorized capital
Saham biasa kelas A - Common A shares -
21.337.978 saham 21,337,978 shares
Saham biasa kelas B - Common B shares -
207.866.202.200 207,866,202,200 shares
Modal ditempatkan dan Issued and fully paid
disetor penuh capital
Saham biasa kelas A - Common A shares -
21.337.978 saham 21,337,978 shares
Saham biasa kelas B - Common B shares -
187.866.201.892 saham per 187,866,201,892 shares as of
31 Desember 2023 dan December 31, 2023 and
67.866.202.200 saham per 67,866,202,200 shares as of
31 Desember 2022 19.000.000 27a 7.000.000 December 31,2022
Tambahan modal disetor 8.225.767 27b 8.286.428 Additional paid-in capital
Uang muka setoran modal - 27a 3.000.000 Advance for future shares subscription
Surplus revaluasi aset 1.603.893 13 1.605.649 Asset revaluation surplus
Keuntungan yang belum
direalisasi atas surat-surat Unrealized gain
berharga dalam kelompok on fair value through other
nilai wajar melalui penghasilan comprehensive income
komprehensif lain - marketable securities -
setelah pajak tangguhan 7.563 2.625 net of deferred tax
Akumulasi defisit (14.700.914) (8.673.269) Accumulated deficit
14.136.309 11.221.433
Kepentingan non-pengendali (26.146) 28 (4.828) Non-controlling interest
TOTAL EKUITAS 14.110.163 11.216.605 TOTAL EQUITY
TOTAL LIABILITAS DAN EKUITAS 84.307.300 89.995.352 TOTAL LIABILITIES AND EQUITY
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-2-
Page 488
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Laba Rugi Dan Consolidated Statements Of
Penghasilan Komprehensif Profit Or Loss And
Konsolidasian Other Comprehensive Income
Untuk Tahun yang Berakhir For the Year Ended
Pada Tanggal 31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan bunga dan syariah 29 Interest and sharia income
Pendapatan bunga 4.374.694 3.721.413 Interest income
Pendapatan syariah 486.942 407.257 Sharia income
Total pendapatan bunga
dan syariah 4.861.636 4.128.670 Total interest and sharia income
Beban bunga dan syariah 30 Interest expense and sharia charges
Beban bunga (3.746.710) (2.828.375) Interest expense
Beban syariah (306.044) (250.792) Sharia charges
Total beban bunga dan Total interest expense
syariah (4.052.754) (3.079.167) and sharia charges
Pendapatan bunga
dan syariah - neto 808.882 1.049.503 Interest and sharia income - net
Pendapatan operasional lainnya Other operating income
Provisi dan komisi lainnya 333.732 31 323.340 Other fees and commissions
Keuntungan (kerugian) atas penjualan Gain (loss) on sale of marketable
surat-surat berharga - neto (8.899) 13.082 securities - net
Keuntungan selisih kurs - neto 29.265 31.815 Gain on foreign exchange - net
Lain-lain 102.429 131.272 Others
Total pendapatan Total other operating
operasional lainnya 456.527 499.509 income
Penyisihan Provision of allowance
kerugian penurunan nilai for impairment losses on
atas aset keuangan - neto (5.537.792) 32 (3.948.482) financial assets - net
Keuntungan (kerugian) transaksi Gain (loss) from foreign
mata uang asing - neto 5.235 (1.919) exchange transactions - net
Penyisihan estimasi kerugian Provision for commitments
atas komitmen dan kontinjensi - neto 1.999 25 (2.272) and contingencies - net
Beban penyisihan Provision for allowance
kerugian penurunan nilai atas for impairment losses
aset non-keuangan - neto (269.055) (81.325) on non-financial assets - net
Keuntungan (kerugian) dari perubahan Gain (loss) from changes in fair value
nilai wajar aset keuangan 155.384 (147.542) of financial assets
Beban operasional lainnya: Other operating expenses:
Umum dan administrasi (1.371.594) 33 (1.571.018) General and administrative
Gaji dan tunjangan karyawan (809.976) 34 (734.432) Salaries and employee benefits
Premi program Premium on government
penjaminan pemerintah (98.812) 30 (118.790) guarantee program
Total beban operasional Iainnya (2.280.382) (2.424.240) Total other operating expenses
RUGI OPERASIONAL (6.659.202) (5.056.768) LOSS FROM OPERATIONS
BEBAN NON-OPERASIONAL - NETO (128.185) 35 (88.888) NON-OPERATING EXPENSE - NET
RUGI SEBELUM LOSS BEFORE
BEBAN PAJAK PENGHASILAN (6.787.387) (5.145.656) INCOME TAX EXPENSE
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-3-
Page 489
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Laba Rugi Dan Consolidated Statements Of
Penghasilan Komprehensif Profit Or Loss And
Konsolidasian (lanjutan) Other Comprehensive Income (continued)
Untuk Tahun yang Berakhir For the Year Ended
Pada Tanggal 31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
MANFAAT PAJAK PENGHASILAN INCOME TAX BENEFIT
Tangguhan 731.684 21b 113.152 Deferred
Manfaat pajak penghasilan - neto 731.684 113.152 Income tax benefit - net
RUGI TAHUN BERJALAN (6.055.703) (5.032.504) LOSS FOR THE YEAR
PENGHASILAN OTHER COMPREHENSIVE
KOMPREHENSIF LAIN: INCOME:
Pos yang tidak akan Item that will not be reclassified
direklasifikasi ke laba rugi: to profit or loss:
Pengukuran kembali keuntungan Remeasurement of
atas program imbalan pasti 8.640 37 25.736 gain on defined benefit plans
Perubahan surplus revaluasi aset (1.756) 13 77.837 Revaluation surplus
Pajak penghasilan terkait pos Income tax related to item
yang tidak akan direklasifikasi that will not be reclasified
ke laba rugi (1.900) 21c (5.663) to profit or loss
Pos-pos yang akan direklasifikasi Items that may be reclassified
ke laba rugi: subsequently to profit or loss:
Perubahan nilai wajar Changes in fair value
surat-surat berharga dalam of fair value through
kelompok nilai wajar melalui other comprehensive income
penghasilan komprehensif lain 6.330 (70.134) marketable securities
Pajak penghasilan terkait pos Income tax related to item
yang akan direklasifikasi that will be reclassified
ke laba rugi (1.392) 21c 15.429 to profit or loss
Penghasilan komprehensif Other comprehensive
lain - neto 9.922 43.205 income - net
Total rugi komprehensif Total comprehensive
tahun berjalan (6.045.781) (4.989.299) loss for the year
Rugi tahun berjalan yang Loss for the year
dapat diatribusikan kepada: attributable to:
Equity holders of the
Pemilik entitas induk (6.034.077) (5.027.460) parent entity
Kepentingan non-pengendali (21.626) 28 (5.044) Non-controlling interest
(6.055.703) (5.032.504)
Total rugi komprehensif tahun Total comprehensive
berjalan yang dapat loss for the year
diatribusikan kepada: attributable to:
Equity holders of the
Pemilik entitas induk (6.024.463) (4.984.356) parent entity
Kepentingan non-pengendali (21.318) (4.943) Non-controlling interest
(6.045.781) (4.989.299)
RUGI PER SAHAM LOSS PER SHARE
Dasar/dilusian (nilai penuh) (61) 48 (74) Basic/diluted (full amount)
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-4-
Page 490
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian Consolidated Statements Of Changes In Equity
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Figures are presented in million Rupiah, unless otherwise stated)
Keuntungan
yang Belum
Direalisasi
atas Surat-Surat
Berharga Dalam
Kelompok Nilai
Wajar melalui
Penghasilan
Komprehensif Lain
- Setelah Pajak
Tangguhan/
Unrealized
Modal Gains on
Ditempatkan Fair Value through
dan Disetor Tambahan Uang Muka Surplus Other Kepentingan
Penuh/ Modal Setoran Modal/ Revaluasi Aset/ Comprehensive Non-Pengendali/
Issued and Disetor/ Advance for Asset Income of Marketable Akumulasi Rugi/ Non-
Catatan/ Fully Paid Additional Future Shares Revaluation Securities Net - Accumulated Controlling Total Ekuitas/
Notes Capital Paid-in Capital Subscription Surplus of Deferred Tax Deficit Total Interest Total Equity
Balance as of
Saldo per 1 Januari 2022 7.000.000 8.286.428 - 1.527.812 57.330 (3.665.882) 13.205.688 216 13.205.904 January 1, 2022
Advance for future shares
Uang muka setoran modal 27a - - 3.000.000 - - - 3.000.000 - 3.000.000 subscription
Kerugian yang belum direalisasi
atas surat-surat berharga Unrealized losses on
dalam kelompok nilai wajar fair value through other
diukur melalui penghasilan comprehensive income
komprehensif lain - marketable securities -
setelah pajak tangguhan - - - - (54.705) - (54.705) - (54.705) net of deferred tax
Surplus of fixed asset
Surplus revaluasi aset tetap 13 - - - 77.837 - - 77.837 - 77.837 revaluation
Pengukuran kembali Remeasurement
atas program imbalan pasti - on defined benefit plans -
setelah pajak tangguhan - - - - - 20.073 20.073 (101) 19.972 net of deferred tax
Rugi tahun berjalan - - - - - (5.027.460) (5.027.460) (4.943) (5.032.403) Loss for the year
Balance as of
Saldo per 31 Desember 2022 7.000.000 8.286.428 3.000.000 1.605.649 2.625 (8.673.269) 11.221.433 (4.828) 11.216.605 December 31, 2022
Lihat Catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari See accompanying notes to the consolidated financial statements which are an integral part of the
laporan keuangan konsolidasian. consolidated financial statements.
-5-
Page 491
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian (lanjutan) Consolidated Statements Of Changes In Equity (continued)
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Figures are presented in million Rupiah, unless otherwise stated)
Keuntungan
yang Belum
Direalisasi
atas Surat-Surat
Berharga Dalam
Kelompok Nilai
Wajar melalui
Penghasilan
Komprehensif Lain
- Setelah Pajak
Tangguhan/
Unrealized
Modal Gains on
Ditempatkan Fair Value through
dan Disetor Tambahan Uang Muka Surplus Other Kepentingan
Penuh/ Modal Setoran Modal/ Revaluasi Aset/ Comprehensive Non-Pengendali/
Issued and Disetor/ Advance for Asset Income of Marketable Akumulasi Rugi/ Non-
Catatan/ Fully Paid Additional Future Shares Revaluation Securities Net - Accumulated Controlling Total Ekuitas/
Notes Capital Paid-in Capital Subscription Surplus of Deferred Tax Deficit Total Interest Total Equity
Balance as of
Saldo per 1 Januari 2023 7.000.000 8.286.428 3.000.000 1.605.649 2.625 (8.673.269) 11.221.433 (4.828) 11.216.605 January 1, 2023
Realisasi uang muka setoran Realization of advance for
modal 27 3.000.000 - (3.000.000) - - - - - - future shares
Penerimaan dana PUT VII 27 9.000.000 (60.661) - - - - 8.939.339 - 8.939.339 Receipt of LPO VII funds
Keuntungan yang belum direalisasi
atas surat-surat berharga Unrealized income on
dalam kelompok nilai wajar fair value through other
diukur melalui penghasilan comprehensive income
komprehensif lain - marketable securities -
setelah pajak tangguhan - - - - 4.938 - 4.938 - 4.938 net of deferred tax
Derecognation of fixed asset
Penghentian revaluasi aset tetap 13 - - - (1.756) - - (1.756) - (1.756) revaluation
Pengukuran kembali Remeasurement
atas program imbalan pasti - on defined benefit plans -
setelah pajak tangguhan - - - - - 6.432 6.432 308 6.740 net of deferred tax
Rugi tahun berjalan - - - - - (6.034.077) (6.034.077) (21.626) (6.055.703) Loss for the year
Balance as of
Saldo per 31 Desember 2023 19.000.000 8.225.767 - 1.603.893 7.563 (14.700.914) 14.136.309 (26.146) 14.110.163 December 31, 2023
Lihat Catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari See accompanying notes to the consolidated financial statements which are an integral part of the
laporan keuangan konsolidasian. consolidated financial statements.
-6-
Page 492
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Arus Kas Konsolidasian Consolidated Statements Of Cash Flows
Untuk Tahun yang Berakhir For the Year Ended
pada Tanggal 31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS OPERASI OPERATING ACTIVITIES
Penerimaan bunga 4.445.205 3.611.905 Receipts from interest
Penerimaan pendapatan syariah 486.942 407.257 Receipts from sharia income
Pembayaran bunga (4.109.898) (2.790.920) Payment of interest
Pembayaran beban syariah (306.044) (250.792) Payments of sharia charges
Pendapatan operasional Iainnya 351.755 269.558 Other operating income
Penerimaan kembali kredit Recoveries from written-off
yang telah dihapusbukukan 177.584 9p 84.769 loans
Pembayaran gaji dan Payments of salaries and
tunjangan karyawan (937.763) (988.084) employee benefits
Beban operasional Iainnya (1.237.851) (1.843.715) Other operating expense
Beban non operasional (123.249) (90.542) Non - operating expenses
Pengeluaran kas sebelum Cash payments before changes
perubahan dalam aset dan in operating assets
liabilitas operasi (1.253.319) (1.590.564) and liabilities
Perubahan dalam aset dan Changes in operating assets
liabilitas operasi: and liabilities:
Decrease (increase) in operating
Penurunan (kenaikan) aset operasi: assets:
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain yang jatuh tempo and other banks with original
lebih dari 3 bulan maturities of more than 3
sejak tanggal perolehan (17.000) (30.000) months from acquisition date
Surat-surat berharga - Marketable securities -
diukur pada nilai wajar at fair value through
melalui laba rugi 2.929.462 3.747.558 profit or loss
Surat-surat berharga -
diukur pada biaya perolehan Marketable securities -
diamortisasi 495.880 724.074 amortized cost
Kredit yang diberikan dan Loans and sharia
pembiayaan/piutang syariah (3.134.725) 925.552 financing/receivables
Tagihan akseptasi 113.829 11.783 Acceptances receivable
Aset lain-lain (492.929) (1.027.266) Other assets
Kenaikan (penurunan) Increase (decrease)
liabilitas operasi: in operating liabilities:
Liabilitas segera 42.880 99.231 Liabilities immediately payable
Simpanan nasabah: Deposits from customers:
Giro (400.279) 263.175 Current accounts
Tabungan (82.600) (1.841.133) Savings deposits
Deposito berjangka (6.690.348) (2.282.447) Time deposits
Simpanan dari bank lain (2.494.654) 729.306 Deposits from other banks
Liabilitas akseptasi 115.231 11.928 Acceptances payable
Utang pajak 8.139 14.332 Tax payables
Liabilitas lain-lain 694.625 (14.757) Other liabilities
Kas neto digunakan untuk Net cash used in operating
aktivitas operasi (10.165.808) (259.228) activities
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-7-
Page 493
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Arus Kas Consolidated Statements Of
Konsolidasian (lanjutan) Cash Flows (Continued)
Untuk Tahun yang Berakhir For the Year Ended
pada Tanggal 31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS INVESTASI INVESTING ACTIVITIES
Penerimaan dari penjualan
surat-surat berharga - Receipts from sale of
diukur pada nilai wajar marketable securities -
melalui penghasilan fair value through other
komprehensif lain 260.000 1.099.665 comprehensive income
Penerimaan dari surat-surat Receipts from matured
berharga yang jatuh tempo 11.725.517 4.106.018 marketable securities
Pembelian surat-surat berharga -
diukur pada nilai wajar
melalui penghasilan Purchase of marketable securities -
komprehensif lain dan fair value through other
diukur pada biaya perolehan comprehensive income and
diamortisasi (20.804.241) (12.205.046) and amortized cost
Receipts from matured
Penerimaan dari surat-surat marketable securities
berharga yang dibeli dengan janji purchased with
dijual kembali yang jatuh tempo 57.780.679 33.774.734 agreements to resell
Pembayaran atas surat-surat Payments of marketable
berharga yang dibeli dengan securities purchased with
janji dijual kembali (60.352.831) (33.525.187) agreements to resell
Pembelian aset tetap (60.766) 13 (57.220) Purchase of fixed assets
Proceeds from
Hasil penjualan aset tetap 7.200 13 32.581 sale of fixed assets
Pembelian piranti lunak (150.766) 14 (8.825) Purchase of software
Kas neto digunakan untuk Net cash used in
aktivitas investasi (11.595.208) (6.783.280) investing activities
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS PENDANAAN FINANCING ACTIVITIES
Receipts from marketable
Penerimaan dari surat-surat securities sold
berharga yang dijual dengan with agreements
janji dibeli kembali 9.127.534 10.806.560 to repurchase
Pembayaran atas surat-surat Payments of
berharga yang dijual matured marketable
dengan janji dibeli kembali securities sold with
yang jatuh tempo (8.907.903) (13.183.397) agreements to repurchase
Penerimaan dari pinjaman
yang diterima 1.246.416 8.887.273 Proceeds from borrowings
Pembayaran pinjaman yang diterima (742.055) (113.383) Payment of borrowings
Penerimaan uang muka Advance received
setoran modal - 27 3.000.000 for future shares subscription
Penerimaan modal dari Penawaran Receipt from Limited
Umum Terbatas VII 8.939.339 27 - Public Offering VII
Kas neto diperoleh dari Net cash provided by
aktivitas pendanaan 9.663.331 9.397.053 financing activities
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-8-
Page 494
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Laporan Arus Kas Consolidated Statements Of
Konsolidasian (lanjutan) Cash Flows (continued)
Untuk Tahun yang Berakhir For the Year Ended
pada Tanggal 31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
Catatan/
2023 Notes 2022
PENINGKATAN (PENURUNAN) NET INCREASE (DECREASE)
NETO KAS DAN IN CASH AND CASH
SETARA KAS (12.097.685) 2.354.545 EQUIVALENTS
Pengaruh perubahan kurs Effects of foreign currency
mata uang asing 492.085 (422.197) exchange rate changes
CASH AND CASH
KAS DAN SETARA KAS EQUIVALENTS AT
AWAL TAHUN 17.559.551 15.627.203 BEGINNING OF THE YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 5.953.951 17.559.551 AT END OF THE YEAR
Cash and cash equivalents
Kas dan setara kas terdiri dari: consist of:
Kas 289.184 524.320 Cash
Current accounts with
Giro pada Bank Indonesia 3.205.619 4.140.431 Bank Indonesia
Current accounts with
Giro pada bank lain 342.581 743.970 other banks
Placement with Bank
Penempatan pada Bank Indonesia Indonesia and other banks
dan bank lain yang jatuh tempo with original maturities of
dalam 3 bulan atau kurang sejak 3 months or less
tanggal perolehan 2.116.567 12.150.830 from acquisition date
Total 5.953.951 17.559.551 Total
Lihat Catatan atas laporan keuangan konsolidasian yang See accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan statements which are an integral part of the consolidated
keuangan konsolidasian. financial statements.
-9-
Page 495
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum 1. General
a. Pendirian Bank a. Establishment of the Bank
PT Bank KB Bukopin Tbk (“Bank”) didirikan di PT Bank KB Bukopin Tbk (the “Bank”) was
Republik lndonesia pada tanggal 10 Juli 1970 established in the Republic of Indonesia on
dengan nama Bank Umum Koperasi Indonesia July 10, 1970 as Bank Umum Koperasi
(disingkat Bukopin) yang disahkan sebagai Indonesia (abbreviated to Bukopin) based on
badan hukum berdasarkan Surat Keputusan Decision Letter No. 13/Dirjen/Kop/70 of the
Direktorat Jenderal Koperasi No. 13/Dirjen/ Directorate General for Cooperatives and was
Kop/70 dan didaftarkan dalam Daftar Umum registered in the General List of the Directorate
Direktorat Jenderal Koperasi No. 8251 pada General for Cooperatives No. 8251 on the same
tanggal yang sama. Bank mulai melakukan date. The Bank started its commercial
usaha komersial sebagai Bank umum koperasi operations as a cooperative Bank in Indonesia
di Indonesia sejak tanggal 16 Maret 1971 on March 16, 1971 upon the approval of the
dengan izin Menteri Keuangan dalam Surat Ministry of Finance in its Decision Letter
Keputusan No. Kep-078/DDK/II/3/1971 tanggal No. Kep-078/DDK/II/3/1971 dated March 16,
16 Maret 1971. 1971.
Menurut Anggaran Dasar, usaha Bank According to its Articles of Association, the
mencakup segala kegiatan Bank umum Bank’s scope of activities includes all
sebagaimana dimaksud dalam Undang- commercial Banking activities as defined in the
Undang Perbankan dengan tujuan utama Banking Law, with the main objective of
memperhatikan dan melayani kepentingan providing services to cooperatives in Indonesia
gerakan koperasi di Indonesia sesuai dengan in accordance with the Law on Cooperatives.
Undang-Undang Perkoperasian yang berlaku. During its growth, the Bank merged with certain
Dalam perkembangannya, Bank telah cooperative Banks. The change in the name
melakukan penggabungan usaha dengan from Bank Umum Koperasi Indonesia (Bukopin)
beberapa Bank umum koperasi. Perubahan to Bank Bukopin was approved during the
nama Bank Umum Koperasi Indonesia Cooperative Members’ Meeting of Bank Umum
(Bukopin) menjadi Bank Bukopin disahkan Koperasi Indonesia as stated in letter
dalam Rapat Anggota Bank Umum Koperasi No. 03/RA/XIl/89 dated January 2, 1990.
Indonesia yang dituangkan dalam surat
No. 03/RA/XII/89 tanggaI 2 Januari 1990.
Dalam Rapat Khusus Anggota Bank, yang During the Special Meeting of the Members of
dinyatakan dengan akta notaris No. 4 tanggal Bank, the minutes of which were covered by
2 Desember 1992 dari Notaris Muhani Salim, notarial deed No. 4 dated December 2, 1992 of
S.H., para anggota menyetujui untuk Notary Muhani Salim, S.H., the cooperative
mengubah status badan hukum Bank dari members agreed to change the Bank’s legal
koperasi menjadi perseroan terbatas. Akta entity from a cooperative to a limited liability
pendirian yang berkaitan dengan perubahan company. The Bank’s deed of establishment
status badan hukum Bank dinyatakan dengan and the amendment relating to the change in
akta notaris No. 126 tanggal 25 Februari 1993 legal entity were covered by notarial deed
dari Notaris Muhani Salim, S.H., beserta No. 126 dated February 25, 1993 of Notary
pembetulannya, dengan akta notaris No. 118 Muhani Salim, S.H., and notarial deed No. 118
tanggal 28 Mei 1993 dari notaris yang sama. dated May 28, 1993 of the same notary,
respectively.
Perubahan ini telah disahkan oleh Menteri These changes were approved by the Minister
Kehakiman Republik lndonesia dalam Surat of Justice of the Republic of Indonesia in its
Keputusan No. C2-5332.HT.01.01.TH.93 Decision Letter No. C2-5332.HT.01.01.TH.93
tanggal 29 Juni 1993 serta diumumkan dalam dated June 29, 1993 and were published in
Berita Negara Republik Indonesia No. 3633 Supplement No. 64 of State Gazette No. 3633
tambahan No. 64 tanggal 10 Agustus 1993. dated August 10, 1993. The changes were also
Perubahan ini juga telah disetujui oleh Menteri approved by the Minister of Finance of the
Keuangan Republik Indonesia dalam Surat Republic of Indonesia in its Decision
Keputusan No. S-1382/MK.17/1993 tanggal Letter No. S-1382/MK.17/1993 dated
28 Agustus 1993. Bank memulai kegiatan August 28, 1993. The Bank started commercial
usaha dalam bentuk perseroan terbatas pada operations as a limited liability company on
tanggal 1 Juli 1993. July 1, 1993.
- 10 -
Page 496
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
a. Pendirian Bank (lanjutan) a. Establishment of the Bank (continued)
Berdasarkan anggaran dasar PT Bank KB Based on the articles of association of PT Bank
Bukopin Tbk, Akta Pernyataan Keputusan KB Bukopin Tbk, Deed of Statement of Meeting
Rapat tertanggal 9 Juni 2023 No. 33 Resolution dated on June 9, 2023 No. 33 as
sebagaimana Surat Keputusan Menteri Hukum received and recorded in the Legal Entity
dan Hak Asasi Manusia Republik Indonesia Administration System database of the Ministry
tertanggal 12 Juni 2023 No. AHU- of Law and Human Rights of the Republic of
0107791.AH.01.11. Tahun 2023 tentang Indonesia dated June 12, 2023 No. AHU-
Perubahan Peningkatan Modal 0107791.AH.01.11. Year 2023 concerning
Ditempatkan/Disetor PT Bank KB Bukopin Tbk, Amendment to Increase the Issued/Paid-up
Akta Pernyataan Keputusan Rapat tertanggal Capital of PT Bank KB Bukopin Tbk, Deed of
9 Juni 2023 No. 33, sebagaimana telah Meeting Resolution dated June 9, 2023 No. 33,
diterima dan dicatat di dalam database Sistem as received and recorded in the Legal Entity
Administrasi Badan Hukum Kementerian Administration System database of the Ministry
Hukum Dan Hak Asasi Manusia RI tertanggal of Law and Human Rights of the Republic of
12 Juni 2023 No. AHU-AH.01.03-0075748 Indonesia dated June 12, 2023 No. AHU-
Perihal: Penerimaan Pemberitahuan AH.01.03-0075748 Subject: Receipt of
Perubahan Anggaran DasarPT Bank KB Notification of Amendments to the Articles of
Bukopin Tbk. Association PT Bank KB Bukopin Tbk.
Entitas induk sekaligus pemegang saham The parent entity as well as controlling
pengendali Bank pada tanggal 31 Desember shareholders of the Bank as at December 31,
2023 dan 2022 adalah KB Kookmin Bank Co., 2023 and 2022 is KB Kookmin Bank Co., Ltd.
Ltd.
Kantor pusat Bank beralamat di Jalan M.T. The Bank’s head office is located at Jalan M.T.
Haryono Kav. 50-51, Jakarta 12770, Indonesia. Haryono Kav. 50-51, Jakarta 12770, Indonesia.
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, the Bank
2022, Bank memiliki kantor pusat operasi, has operations headquarter, branches, sub-
kantor cabang, kantor cabang pembantu, branches, functional offices and ATMs as
kantor fungsional dan ATM sebagai berikut: follow:
2023 2022
Kantor pusat operasi 1 1 Operations headquarter
Kantor cabang 29 41 Branches
Kantor cabang pembantu 143 231 Sub-branches
Kantor fungsional 1 3 Functional offices
ATM 11 359 ATM
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, the Bank
2022 jumlah karyawan Bank, termasuk has total employees, including non-permanent,
karyawan tidak tetap, masing-masing adalah of 2,618 and 3,373, respectively (unaudited).
sebesar 2.618 dan 3.373 (tidak diaudit).
b. Susunan Pengurus Bank b. Composition of the Bank’s Management
Personil manajemen kunci mencakup Dewan Key management personnel consists of the
Komisaris, Direksi, dan pejabat eksekutif yaitu Board of Commissioners, Directors, and key
pejabat yang bertanggung jawab langsung executives who have direct responsibility to the
kepada Direksi. Directors.
- 11 -
Page 497
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
b. Susunan Pengurus Bank (lanjutan) b. Composition of the Bank’s Management
(continued)
Susunan Dewan Komisaris dan Direksi Bank The members of the Bank’s Boards of
pada tanggal 31 Desember 2023 adalah Commissioners and Directors as at
sebagai berikut: December 31, 2023, are as follows:
31 Desember/
December 31, 2023
Dewan Komisaris: Board of Commissioners:
Komisaris Utama Jerry Marmen President Commissioner
Wakil Komisaris Utama Nam Hoon Cho ***) Deputy President Commissioner
Komisaris Nanang Supriyatno Commissioner
Komisaris Independen Tippy Joesoef Independent Commissioner
Komisaris Independen Hae Wang Lee Independent Commissioner
Komisaris Independen Stephen Liestyo Independent Commissioner
Komisaris Independen Sukriansyah S. Latief Independent Commissioner
Komisaris Independen Eugene Keith Galbraith Independent Commissioner
Direksi: Directors:
Direktur Utama Woo Yeul Lee President Director
Wakil Direktur Utama Robby Mondong Deputy President Director
Direktur Kepatuhan dan Risiko Dodi Widjajanto Compliance and Risk Director
Direktur Bisnis Retail & Service Helmi Fahrudin Retail Business & Services Director
Direktur Keuangan Seng Hyup Shin **) Finance Director
Direktur Bisnis UKM & Wholesale Yohanes Suhardi SME & Wholesale Business Director
Direktur Kredit Henry Sawali Credit Director
Direktur Teknologi Informasi & Digital Young Eun Moon *) Information Technology & Digital Director
Direktur Strategi Jung Ho Han *) Strategic Director
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements
diatur dalam POJK No. 27/POJK.03/2016, governed by POJK No. 27/POJK.03/2016,
No. 37/POJK.03/2017 dan/atau peraturan No. 37/ POJK.03/2017 and/or other applicable
perundang-undangan lainnya yang berlaku. laws and regulations.
**) Perseroan menerima surat pengunduran diri **) The company received a letter of resignation on
pada tanggal 8 Desember 2023. December 8, 2023.
***) Perseroan menerima surat pengunduran diri ***) The company received a letter of resignation on
pada tanggal 29 Desember 2023. December 29, 2023.
Susunan Dewan Komisaris dan Direksi Bank The members of the Bank’s Boards of
pada tanggal 31 Desember 2023 adalah Commissioners and Directors as at
berdasarkan Rapat Umum Pemegang Saham December 31, 2023 is based on Extraordinary
Luar Biasa tanggal 31 Januari 2023 yang General Meeting of Shareholders dated
dituangkan dalam akta notaris No. 77 tanggal January 31, 2023 stated in notarial deed No. 77
31 Januari 2023. dated January 31, 2023.
Pada tanggal 24 Januari 2024 Bank On January 24, 2024 the Bank held an
melaksanakan Rapat Umum Pemegang Extraordinary General Meeting of Shareholders
Saham Luar Biasa dan hasil keputusannya and the result of the decision was to appoint
adalah mengangkat Bapak Seng Hyup Shin Mr. Seng Hyup Shin as a Deputy President
sebagai Wakil Komisaris Perseroan, Bapak Commissioner of the Company and Mr. Jang
Jang Hyuk Im sebagai Direktur Perseroan Hyuk Im as a Director of the Company in
sesuai dengan akta Notaris No. 57 tanggal accordance with Notary deed No. 57 dated
24 Januari 2024 dan sesuai dengan SKEP January 24, 2024 and in accordance with SKEP
Dewan Komisaris No. SKEP/001 Tahun 2024 of the Board of Commissioners No. SKEP/001
tentang Pembagian dalam Struktur Organinasi of 2024 concerning Division in the
serta pembagian tugas dan wewenang anggota Organizational Structure and distribution of
Direksi PT Bank KB Bukopin Tbk Bapak Jang duties and authorities for the members of the
Hyuk Im ditetapkan sebagai Direktur Directors of PT Bank KB Bukopin Tbk. Mr. Jang
Keuangan, sehingga Susunan Dewan Hyuk Im was appointed as Director of Finance,
Komisaris dan Direksi Bank Sejak tanggal so that the composition of the Board of
24 Januari 2024 adalah sebagai berikut: Commissioners and Directors of the Bank as at
January 24, 2024 are as follows:
- 12 -
Page 498
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
b. Susunan Pengurus Bank (lanjutan) b. Composition of the Bank’s Management
(continued)
24 Januari/
January 24, 2024
Dewan Komisaris: Board of Commissioners:
Komisaris Utama Jerry Marmen President Commissioner
Wakil Komisaris Utama Seng Hyup Shin *) Deputy President Commissioner
Komisaris Nanang Supriyatno Commissioner
Komisaris Independen Tippy Joesoef Independent Commissioner
Komisaris Independen Hae Wang Lee Independent Commissioner
Komisaris Independen Stephen Liestyo Independent Commissioner
Komisaris Independen Sukriansyah S. Latief Independent Commissioner
Komisaris Independen Eugene Keith Galbraith Independent Commissioner
Direksi: Directors:
Direktur Utama Woo Yeul Lee President Director
Wakil Direktur Utama Robby Mondong Deputy President Director
Direktur Kepatuhan dan Risiko Dodi Widjajanto Compliance and Risk Director
Direktur Bisnis Retail & Service Helmi Fahrudin Retail Business & Services Director
Direktur Keuangan Jang Hyuk Im *) Finance Director
Direktur Bisnis UKM & Wholesale Yohanes Suhardi SME & Wholesale Business Director
Direktur Kredit Henry Sawali Credit Director
Direktur Teknologi Informasi & Digital Young Eun Moon *) Information Technology & Digital Director
Direktur Strategi Jung Ho Han Strategic Director
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements
diatur dalam POJK No. 27/POJK.03/2016, governed by POJK No. 27/POJK.03/2016,
No. 37/POJK.03/2017 dan/atau peraturan No. 37/ POJK.03/2017 and/or other applicable
perundang-undangan lainnya yang berlaku. laws and regulations.
Susunan Dewan Komisaris dan Direksi Bank The members of the Bank’s Boards of
pada tanggal 31 Desember 2022 adalah Commissioners and Directors as at
sebagai berikut: December 31, 2022, are as follows:
31 Desember/
December 31, 2022
Dewan Komisaris: Board of Commissioners:
Komisaris Utama Jerry Marmen President Commissioner
Wakil Komisaris Utama Nam Hoon Cho Deputy President Commissioner
Komisaris Nanang Supriyatno Commissioner
Komisaris Independen Tippy Joesoef Independent Commissioner
Komisaris Independen Hae Wang Lee Independent Commissioner
Komisaris Independen Stephen Liestyo Independent Commissioner
Komisaris Independen Sukriansyah S. Latief Independent Commissioner
Komisaris Independen Eugene Keith Galbraith Independent Commissioner
Direksi: Directors:
Direktur Utama Woo Yeul Lee *) President Director
Wakil Direktur Utama Robby Mondong Deputy President Director
Direktur Kepatuhan dan Manajemen Risiko Dodi Widjajanto Compliance and Risk Management Director
Direktur Operasi Helmi Fahrudin Operation Director
Direktur Keuangan Seng Hyup Shin Finance Director
Direktur Strategi Jin Bum Kim **) Strategic Director
Direktur Bisnis UKM Yohanes Suhardi Business & SME Director
Direktur Kredit Henry Sawali Credit Director
Direktur Teknologi Informasi Young Eun Moon *) Information Technology Director
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements
diatur dalam POJK No. 27/POJK.03/2016, governed by POJK No. 27/POJK.03/2016,
No. 37/POJK.03/2017 dan/atau peraturan No. 37/ POJK.03/2017 and/or other applicable
perundang-undangan lainnya yang berlaku. laws and regulations.
**) Perseroan menerima surat pengunduran diri **) The company received a letter of resignation on
pada tanggal 14 Desember 2022. December 14, 2022.
- 13 -
Page 499
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
b. Susunan Pengurus Bank (lanjutan) b. Composition of the Bank’s Management
(continued)
Susunan Dewan Komisaris dan Direksi Bank The members of the Bank’s Boards of
pada tanggal 31 Desember 2022 adalah Commissioners and Directors as of
berdasarkan Rapat Umum Pemegang Saham December 31, 2022 is based on Extraordinary
Luar Biasa tanggal 24 Agustus 2022 yang General Meeting of Shareholders dated
dituangkan dalam akta notaris No. 37 tanggal August 24, 2022 stated in notarial deed No. 37
24 Agustus 2022. dated August 24, 2022.
Susunan Komite Audit Bank pada tanggal The composition of the Bank’s Audit Committee
31 Desember 2023 dan 2022 adalah sebagai as at December 31, 2023 and 2022 are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, 2023 December 31, 2022
Ketua Stephen Liestyo Stephen Liestyo Chairman
Anggota Tippy Joesoef *) Nanang Supriyatno Member
Anggota Eugene Keith Galbraith Eugene Keith Galbraith Member
Anggota Dewi Anggesty Sah Bandar Dewi Anggesty Sah Bandar Member
Anggota Jacobus Sindu Adisuwono Jacobus Sindu Adisuwono Member
Terhitung efektif sejak ditetapkan oleh Bank Shall be effective as stipulation specified by Bank
setelah memenuhi semua persyaratan yang after fulfilling all requirements governed by POJK
diatur dalam POJK No. 27/POJK.03/2016, No. 27/POJK.03/2016, No. 37/POJK.03/2017
No. 37/POJK.03/2017 dan/atau peraturan and/or other applicable laws and regulations.
perundang-undangan lainnya yang berlaku.
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by Bank
setelah diperolehnya persetujuan Kemampuan after obtaining approval for fit and proper by OJK.
dan Kepatutan (fit and proper) dari Otoritas Jasa
Keuangan.
Susunan Komite Pemantau Risiko pada The composition of the Bank’s Risk Monitoring
tanggal 31 Desember 2023 dan 2022 adalah Committee as at December 31, 2023 and 2022,
sebagai berikut: are as follows:
31 Desember/ 31 Desember/
December 31, 2023 December 31, 2022
Ketua Tippy Joesoef Tippy Joesoef Chairman
Anggota Jerry Marmen *) Jerry Marmen Member
Anggota Stephen Liestyo Nam Hoon Cho Member
Anggota Nanang Supriyatno Stephen Liestyo Member
Anggota Togar Natigor Siregar Togar Natigor Siregar Member
Anggota Rahardja Alim Hamzah Rahardja Alimhamzah Member
Terhitung efektif sejak ditetapkan oleh Bank Shall be effective as stipulation specified bt the
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements governed by
diatur dalam POJK No. 27/POJK.03/2016, POJK No. 27/POJK.03/2016, No. 37/ POJK.03/
No. 37/POJK.03/2017, dan/atau peraturan 2017, and/or other applicable laws and
perundang-undangan lainnya yang berlaku. regulations.
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by Bank
setelah diperolehnya persetujuan Kemampuan after obtaining approval for fit and proper by OJK.
dan Kepatutan (fit and proper) dari Otoritas
Jasa Keuangan.
- 14 -
Page 500
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
b. Susunan Pengurus Bank (lanjutan) b. Composition of the Bank’s Management
(continued)
Susunan Komite Remunerasi dan Nominasi The composition of the Bank’s Remuneration
pada tanggal 31 Desember 2023 dan and Nomination Committee as at December 31,
2022 adalah sebagai berikut: 2023 and 2022, are as follows:
31 Desember/
December 31, 2023
dan/and 2022
Ketua Hae Wang Lee Chairman
Anggota Jerry Marmen Member
Anggota Nam Hoon Cho Member
Anggota Nanang Supriyatno Member
Anggota Tippy Joesoef Member
Anggota Sukriansyah S Latief Member
Anggota Gamaridha Akhirul AR Member
Terhitung efektif sejak ditetapkan oleh Bank Shall be effective as stipulation specified bt the
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements governed
diatur dalam POJK No. 27/POJK.03/2016, by POJK No. 27/POJK.03/2016, No. 37/POJK.
No. 37/POJK.03/2017 dan/atau peraturan 03/2017 and/or other applicable laws and
perundang- undangan lainnya yang berlaku. regulations.
Terhitung efektif sejak ditetapkan oleh Bank Shall be effective as stipulation specified by
setelah diperolehnya persetujuan Kemampuan Bank after obtaining approval for fit and proper
dan Kepatutan (fit and proper) dari Otoritas by OJK.
Jasa Keuangan.
Susunan Komite Tata Kelola dan Terintegrasi The composition of the Bank’s Integrated
pada tanggal 31 Desember 2023 dan 2022 governance committee as at December 31,
adalah sebagai berikut: 2023 and 2022 are as follows:
31 Desember/ 31 Desember/
December 31, 2023 December 31, 2022
Ketua Sukriansyah S. Latief *) Sukriansyah S. Latief *) Chairman
Anggota Eugene Keith Galbraith Tippy Joesoef Member
Anggota Hae Wang Lee Eugene Keith Galbraith Member
Anggota Dinan Sufendi Rae Hae Wang Lee Member
Terhitung efektif sejak ditetapkan oleh Bank Shall be effective as stipulation specified bt the
setelah memenuhi semua persyaratan yang Bank after fulfilling all requirements governed by
diatur dalam POJK No. 27/POJK.03/2016, POJK No. 27/POJK.03/2016, No.
No. 37/POJK.03/2017 dan/atau peraturan 37/POJK.03/2017 and/or other applicable laws
perundang-undangan lainnya yang berlaku. and regulations.
*) Terhitung efektif sejak ditetapkan oleh Bank *) Shall be effective as stipulation specified by
setelah diperolehnya persetujuan Kemampuan Bank after obtaining approval for fit and proper
dan Kepatutan (fit and proper) dari Otoritas Jasa by OJK.
Keuangan.
Berdasarkan Surat Keputusan Direksi Based on the Company’s Directors Decision
Perseroan No. SKEP/0118-DIR/VIII/2023 Letter No. SKEP/0118-DIR/VIII/2023 dated
tanggal 8 Agustus 2023, Sekretaris August 8, 2023, the Corporate Secretary of the
Perusahaan Bank pada tanggal 31 Desember Bank as at December 31, 2023 is Yocky Eko
2023 adalah Yocky Eko Wicaksono. Wicaksono.
Berdasarkan Surat Keputusan Direksi Based on the Company’s Directors Decision
Perseroan No. SKEP/0026-DIR/II/2022 tanggal Letter No. SKEP/0026-DIR/II/2022 dated
11 Februari 2022, Sekretaris Perusahaan Bank February 11, 2022, the Corporate Secretary of
pada tanggal 31 Desember 2023 adalah the Bank as at December 31, 2023 is Slamet
Slamet Haryanto Pradhana. Haryanto Pradhana.
- 15 -
Page 501
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
b. Susunan Pengurus Bank (lanjutan) b. Composition of the Bank’s Management
(continued)
Berdasarkan Surat Keputusan Direksi Based on the Company’s Directors Decision
Perseroan No.SKEP/0015-DIR/II/2022 tanggal Letter No.SKEP/0015-DIR/II/2022 dated
2 Februari 2022, Kepala Satuan Kerja Audit February 2, 2022, the Internal Audit Task Force
Internal (Kepala SKAI) pada tanggal Head (Chief of IATF) as at December 31, 2023
31 Desember 2023 dan 2022 adalah Roby and 2022 is Roby Endrama Purba.
Endrama Purba.
c. Entitas anak c. Subsidiaries
Entitas anak yang tercakup dalam laporan The subsidiaries included in the consolidated
keuangan konsolidasian pada tahun yang financial statements for years ended
berakhir 31 Desember 2023 dan 2022 adalah: December 31, 2023 and 2022 are as follows:
Tahun Persentase Kepemilikan/ Jumlah Aset/
Beroperasi Percentage of Ownership Total Assets
Kegiatan Komersial/
Nama Usaha/ Year of 31 Des./ 31 Des./ 31 Des./ 31 Des/
Perusahaan/ Business Commercial Domisili/ Dec. 31, Dec. 31, Dec. 31, Dec 31,
Company Name Activity Operation Domicile 2023 2022 2023 2022
PT KB Bukopin Pembiayaan/ 1983 Jakarta 99,24% 97,03% 459.661 424.491
Finance Financing
PT Bank KB Bukopin Perbankan/
Syariah Banking 1990 Jakarta 95,92% 92,78% 7.920.474 7.013.225
PT KB Bukopin Finance (“KBBF”) PT KB Bukopin Finance (“KBBF”)
PT KB Bukopin Finance (“KBBF”) didirikan PT KB Bukopin Finance (“KBBF”) was
pada tanggal 11 Maret 1983 berdasarkan akta established on March 11, 1983 by notarial deed
notaris No. 5 dari Notaris Tan A Sioe, S.H., dan No. 5 of Notary Tan A Sioe, S.H., and is
bergerak dalam bidang leasing (perusahaan engaged in leasing activities. The Company’s
pembiayaan). Anggaran dasar Perusahaan Articles of Association have been amended
telah mengalami beberapa kali perubahan, several times, the last of which was made by
terakhir dengan Akta Notaris Linsia, S.H., Notarial Deed No. 1092 of Linsia, S.H., M.Kn.,
M.Kn., No. 1092 tanggal 25 Oktober 2023, dated October 25, 2023, in connection with
sehubungan dengan peningkatan modal increase in the Company’s issued and paid-up
ditempatkan dan disetor Perusahaan. capital.
Rapat Umum Pemegang Saham Luar Biasa The Extraordinary General Meeting of
(RUPSLB) menyetujui untuk melakukan Shareholders (EGMS) agreed to change the
perubahan nama Perseroan dari PT Bukopin name of the Company from PT Bukopin Finance
Finance menjadi PT KB Bukopin Finance to PT KB Bukopin Finance (“KBBF”) which was
(“KBBF”) yang dituangkan ke dalam Akta stated in the Deed No. 06 dated June 28, 2021
No. 06 tanggal 28 Juni 2021 dan telah and has received approval from the Ministry of
mendapat persetujuan dari Kementerian Law and Human Rights of the Republic of
Hukum Dan Hak Asasi Manusia RI Indonesia through the decision of the Minister Of
melalui Keputusan Menteri Hukum Law And Human Rights number AHU-
Dan Hak Asasi Manusia nomor AHU- 0041490.AH.01.02.TAHUN 2021.
0041490.AH.01.02.TAHUN 2021.
- 16 -
Page 502
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
c. Entitas anak (lanjutan) c. Subsidiaries (continued)
Berdasarkan akta No. 1092 tanggal Based on deed No. 1092 dated October 25,
25 Oktober 2023 dari Notaris Linsia, S.H., 2023 from Notary Linsia S.H., M.Kn., the
M.Kn., Perusahaan menambah setoran modal Company increased its capital deposit in KBBF
pada KBBF sebesar 118.580 saham dengan by 118,580 shares with a total nominal value of
nilai nominal seluruhnya sebesar Rp592,900,000,000 thus increasing the
Rp592.900.000.000 sehingga meningkatkan Company's ownership percentage in KBBF
persentase kepemilihan perusahaan pada from 97.03% to 99.24%.
KBBF dari 97,03% menjadi 99,24%.
PT Bank KB Bukopin Syariah (“KBBS”) PT Bank KB Bukopin Syariah (“KBBS”)
PT Bank Persyarikatan Indonesia (“BPI”) PT Bank Persyarikatan Indonesia (“BPI”) was
didirikan pada tanggal 29 Juli 1990 established on July 29, 1990 by notarial deed
berdasarkan akta notaris No. 102 dari Notaris No. 102 of Notary Dr. Widjojo Wilami, S.H., and
Dr. Widjojo Wilami, S.H., yang bergerak dalam is engaged in Banking activities. Based on
bidang perbankan. Berdasarkan akta notaris notarial deed No. 28 of Notary Adrian Djunaini,
No. 28 dari Notaris Adrian Djunaini, S.H., S.H., dated March 31, 2008, BPI has changed
tanggal 31 Maret 2008, BPI telah berubah its name to PT Bank Syariah Bukopin (“BSB”).
nama menjadi PT Bank Syariah Bukopin The status of BSB changed from Conventional
(“BSB”). Status BSB berubah dari Bank Bank to Sharia Bank as stated in Bank
Konvensional menjadi Bank Syariah Indonesia (BI) decision letter No. 10/69/
sebagaimana dinyatakan dalam persetujuan KEP.GBI/DpG/2008 dated October 27, 2008.
Bank Indonesia (BI) No. 10/69/KEP.GBI/
DpG/2008 tanggal 27 Oktober 2008.
Pada tanggal 30 Juni 2021 Rapat Umum v. On the June 30, 2021 Extraordinary General
Pemegang Saham Luar Biasa (RUPSLB) Meeting Shareholders (EGMS) agreed to
menyetujui untuk melakukan perubahan nama change the company name from BSB into
Perseroan dari BSB menjadi PT Bank KB PT Bank KB Bukopin Syariah (“KBBS“) which
Bukopin Syariah (“KBBS”) yang dituangkan ke set forth into the Deed No. 02 dated July 6,
dalam Akta No. 02 tanggal 6 Juli 2021 dan telah 2021 and has been approved for keeping the
mendapat persetujuan Penetapan Penggunaan use of Bank License under new name from
Izin Usaha Bank dengan Nama Baru dari Authority Financial Services based on
Otoritas Jasa Keuangan berdasarkan surat SR-27/PB.101/2021 dated August 12, 2021 and
nomor SR-27/PB.101/2021 tanggal 12 Agustus KEP-53/PB.1/2021 dated August 10, 2021.
2021 dan KEP-53/PB.1/2021 tanggal
10 Agustus 2021.
Berdasarkan akta nomor 04 tanggal 16 Oktober vi. Based on deed number 04 dated October 16,
2023 dari Notaris Hasnah, S.H., Modal Dasar 2023 from Notary Hasnah, S.H., the current
yang dimiliki KBBS saat ini adalah authorized capital of KBBS is
Rp3.000.000.000.000 yang terbagi atas Rp3,000,000,000,000 divided into
56.690.737.000 saham dan terdiri dari saham 56,690,737,000 shares and consists of Series
Seri A, Seri B, dan Seri C. Terdapat A, Series B, and Series C shares. There is an
penambahan kepemilikan Perusahaan pada increase in the Company's ownership in Series
Seri C Sebesar 13.600.000.000 saham dengan C of 13,600,000,000 shares with a total nominal
nilai nominal seluruhnya sebesar value of Rp638,000,000,000. This affected the
Rp638.000.000.000. Hal ini memengaruhi Company's ownership percentage in KBBS from
persentase kepemilikan Perusahaan pada 92.78% to 95.92%.
KBBS dari 92,78% menjadi 95,92%.
- 17 -
Page 503
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank shares
Penawaran umum obligasi Public offering of bonds
Pada tanggal 21 April 2015, Bank telah On April 21, 2015, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration in connection with the
sehubungan dengan Penawaran Umum Shelf Public Offering of Shelf-registered
Berkelanjutan Obligasi Subordinasi Subordinated Bonds II Bank KB Bukopin
Berkelanjutan II Bank Bukopin Tahap I Tahun Tranche I Year 2015 (Shelf Public Offering)
2015 (Penawaran Umum Berkelanjutan) through letter No. 05630/DIR/IV/2015 to
kepada Otoritas Jasa Keuangan (“OJK”) melalui Financial Services Authority (“OJK”) in relation
surat No. 05630/DIR/IV/2015 dalam rangka with the Shelf Public Offering of Shelf-registered
Penawaran Umum Berkelanjutan Obligasi Subordinated Bonds II Bank KB Bukopin
Subordinasi Berkelanjutan II Bank KB Bukopin amounting to Rp2,000,000, whereby at first
dengan jumlah sebesar Rp2.000.000, dimana tranche the Bank issued and offered the Shelf-
pada tahap pertama Bank menerbitkan dan registered Subordinated Bonds II Bank KB
menawarkan Obligasi Subordinasi Bukopin Tranche I Year 2015 (Subordinated
Berkelanjutan II Bank KB Bukopin Tahap I Bonds) amounted to Rp400,000.
Tahun 2015 (Obligasi Subordinasi) dengan
jumlah pokok Obligasi Subordinasi sebesar
Rp400.000.
Obligasi Subordinasi tersebut diterbitkan tanpa The Subordinated Bonds issued were
warkat, ditawarkan dengan nilai 100% dari nilai scriptless, offered at 100% of nominal value,
nominal, berjangka waktu 7 (tujuh) tahun with 7 (seven) years tenor and fixed interest
dengan tingkat bunga tetap sebesar 12,00% rate of 12.00% per annum and will be paid
per tahun dan dibayarkan setiap triwulan dan quarterly and mature on June 30, 2022.
akan jatuh tempo pada tanggal 30 Juni 2022.
Bank memperoleh pernyataan efektif dari OJK The Bank received the effective statement from
untuk melakukan Penawaran Umum OJK to conduct Shelf Public Offering through its
Berkelanjutan melalui suratnya letter No. S-26/D.04/2015 dated June 23, 2015.
No. S-26/D.04/2015 tanggal 23 Juni 2015 The Shelf Public Offering was held on
dilaksanakan pada 24 - 25 Juni 2015. Dana June 24 - 25, 2015. The proceeds from the
Berkelanjutan ini telah diterima oleh Bank pada Shelf Public Offering were received by the Bank
30 Juni 2015 yang diperoleh dari Penawaran on June 30, 2015 from Public Offering in June
Umum Juni 2015. 2015.
Pada 11 Januari 2017, Bank telah On January 11, 2017, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration in connection with the
sehubungan dengan Penawaran Umum Shelf Public Offering of Shelf-registered
Berkelanjutan Obligasi Subordinasi Subordinated Bonds II Bank KB Bukopin
Berkelanjutan II Bank KB Bukopin Tahap II Tranche II Year 2017 (Shelf Public Offering)
Tahun 2017 (Penawaran Umum Berkelanjutan) through letter No. 00455/DIR/I/2017 to Financial
kepada OJK melalui surat No. Services Authority (“OJK”), in relation with the
00455/DIR/I/2017 dalam rangka Penawaran Shelf Public Offering of Shelf-registered
Umum Berkelanjutan Obligasi Subordinasi Subordinated Bonds II Bank KB Bukopin
Berkelanjutan II Bank KB Bukopin dengan amounting to Rp2,000,000, whereby at second
jumlah sebesar Rp2.000.000, dimana pada tranche the Bank issued and offered the Shelf-
tahap kedua Bank menerbitkan dan registered Subordinated Bonds II Bank KB
menawarkan Obligasi Subordinasi Bukopin Tranche II Year 2017 (Subordinated
Berkelanjutan II Bank KB Bukopin Tahap II Bonds) amounted to Rp1,405,000.
Tahun 2017 (Obligasi Subordinasi) dengan
jumlah pokok sebesar Rp1.405.000.
- 18 -
Page 504
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum obligasi (lanjutan) Public offering of bonds (continued)
Obligasi Subordinasi tersebut diterbitkan tanpa The Subordinated Bonds issued were
warkat, ditawarkan dengan nilai 100% dari nilai scriptless, offered at 100% of nominal value,
nominal, berjangka waktu 7 (tujuh) tahun with 7 (seven) years tenor and fixed interest
dengan tingkat bunga tetap sebesar 11,00% rate of 11.00% per annum and will be paid
per tahun dan dibayarkan setiap triwulan dan quarterly and mature on February 28, 2024.
akan jatuh tempo pada tanggal 28 Februari The Bank received the effective statement from
2024. Bank memperoleh pernyataan efektif dari OJK to conduct Shelf Public Offering through its
OJK untuk melakukan Penawaran Umum letter No. S-161/PB.313/2016 dated
Berkelanjutan melalui suratnya December 23, 2016. The Shelf Public Offering
No. S-161/PB.313/2016 tanggal 23 Desember was held on February 20 - 23, 2017. The
2016. Penawaran Umum Berkelanjutan proceeds from the Shelf Public Offering were
dilaksanakan pada tanggal 20 - 23 Februari received by the Bank on February 28, 2017.
2017. Dana yang diperoleh dari Penawaran
Umum Berkelanjutan ini telah
diterima oleh Bank pada tanggal
28 Februari 2017.
Pada 10 September 2021, Bank telah On September 10, 2021, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration in connection with the
sehubungan dengan Penawaran Umum Shelf Public Offering of Shelf-registered
Berkelanjutan Obligasi Berkelanjutan I Bank KB Subordinated Bonds I Bank KB Bukopin
Bukopin Tahap I Tahun 2021 (Penawaran Tranche I Year 2021 (Shelf Public Offering)
Umum Berkelanjutan) kepada OJK melalui through letter No. 08550/DIR/V/2021 to
surat No. 08550/DIR/V/2021 dalam rangka Financial Services Authority (“OJK”), in relation
Penawaran Umum Berkelanjutan Obligasi with the Shelf Public Offering of Shelf-
Subordinasi Berkelanjutan I Bank KB Bukopin registered Subordinated Bonds I Bank KB
dengan jumlah sebesar Rp1.000.000, dimana Bukopin amounting to Rp1,000,000, whereby at
pada tahap pertama Bank menerbitkan dan second tranche the Bank issued and offered the
menawarkan Obligasi Subordinasi Shelf-registered Subordinated Bonds I Bank KB
Berkelanjutan I Bank KB Bukopin Tahap I Bukopin Tranche I Year 2021 (Subordinated
Tahun 2021 (Obligasi Subordinasi) dengan Bonds) amounted to Rp1,000,000.
jumlah pokok sebesar Rp1.000.000.
Pada 10 September 2021, Bank telah On September 10, 2021, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration in connection with the
sehubungan dengan Penawaran Umum Shelf Public Offering of Shelf-registered
Berkelanjutan Obligasi Subordinasi Subordinated Bonds III Bank KB Bukopin
Berkelanjutan III Bank KB Bukopin Tahap I Tranche I Year 2021 serie A and serie B (Shelf
Tahun 2021 seri A dan seri B (Penawaran Public Offering) through letter No. 08550/
Umum Berkelanjutan) kepada OJK melalui DIR/V/2017 to Financial Services Authority
surat No. 08550/DIR/V/2017 dalam rangka (“OJK”), in relation with the Shelf Public
Penawaran Umum Berkelanjutan Obligasi Offering of Shelf-registered Subordinated
Subordinasi Berkelanjutan III Bank KB Bukopin Bonds III Bank KB Bukopin amounting to
dengan jumlah masing-masing sebesar Rp315,000 and Rp685,000 respectively,
Rp315.000 dan Rp685.000, dimana pada tahap whereby at third tranche the
ketiga Bank menerbitkan dan menawarkan Bank issued and offered the Shelf- registered
Obligasi Subordinasi Berkelanjutan III Bank KB Subordinated Bonds III Bank KB Bukopin
Bukopin Tahap I Tahun 2021 seri A (Obligasi Tranche I Year 2021 serie A (Subordinated
Subordinasi No. ISIN IDA0001176A9) dan Bonds ISIN No. IDA0001176A9) and Shelf-
Obligasi Subordinasi Berkelanjutan III Bank KB registered Subordinated Bonds III Bank KB
Bukopin Tahap I Tahun 2021 seri B (Obligasi Bukopin Tranche I Year 2021 series B
Subordinasi No. ISIN IDA0001176B7) dengan (Subordinated Bonds ISIN No. IDA0001176B7)
jumlah pokok masing-masing sebesar amounted to Rp315,000 and Rp685,000,
Rp315.000 dan Rp685.000. respectively.
- 19 -
Page 505
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham Public offering of shares
Pada bulan Juni 2006, Bank melakukan In June 2006, the Bank undertook an Initial
Penawaran Umum Saham Perdana sejumlah Public Offering of Shares of 843,765,500 Series
843.765.500 lembar saham Seri B dengan nilai B shares with a par value of Rp100 (full
nominal Rp100 (nilai penuh) per saham dengan amount) per share and offering price of Rp350
harga jual Rp350 (nilai penuh) per saham (full amount) per share to the public, through
kepada masyarakat, melalui pasar modal the capital market in Indonesia, in accordance
sesuai dengan ketentuan perundang-undangan with the prevailing capital market law. The Bank
yang berlaku. Penawaran Umum Saham received the effectivity statement from
Perdana saham Seri B kepada masyarakat ini the BAPEPAM-LK through its letter
telah memperoleh pernyataan efektif No. S-825/BL/2006 dated June 30, 2006 for the
dari BAPEPAM-LK melalui suratnya sale of Series B shares to the public.
No. S-825/BL/2006 tanggal 30 Juni 2006.
Saham yang ditawarkan tersebut mulai The initial Public Offering (IPO) shares were
diperdagangkan di Bursa Efek Indonesia pada onotially traded on the Indonesia Stock
tanggal 10 Juli 2006 dan pada saat yang Exchange on July 10, 2006 and at the same
bersamaan sebanyak 99% saham Bank juga time, 99% of the Bank’s shares were listed. All
dicatatkan. Seluruh saham kelas A sebesar Series A shares amounting to 0.31% and
0,31% dan saham kelas B sebesar 0,69% yang Series B shares amounting to 0.69% which
dimiliki oleh Kopelindo dan Kopkapindo masing- were owned by Kopelindo and Kopkapindo
masing secara proporsional tidak dicatatkan proportionally, were not listed to comply with
dalam rangka memenuhi ketentuan peraturan the government regulation.
pemerintah.
Pada tanggal 26 Oktober 2009, Bank telah On October 26, 2009, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration regarding Limited
sehubungan dengan Penawaran Umum Public Offering I through letter No. 7548/
Terbatas I kepada BAPEPAM-LK melalui surat DIR/X/2009 to BAPEPAM-LK, in relation with
No. 7548/DIR/X/2009 dalam rangka penerbitan the issuance of pre-emptive rights to the
Hak Memesan Efek Terlebih Dahulu (HMETD) shareholders (Note 27b). Total shares offered
kepada pemegang saham (Catatan 27b). were 286,050,768 common B shares (“New
Saham yang ditawarkan adalah sebanyak Shares”) with a par value of Rp100 (full
286.050.768 saham biasa kelas B baru amount) per share and offering price of Rp415
(“Saham Baru”) dengan nilai nominal Rp100 (full amount) per share. The Bank received the
(nilai penuh) per saham dengan harga effectivity statement from BAPEPAM-LK to
penawaran Rp415 (nilai penuh) per saham. conduct Limited Public Offering I through
Bank memperoleh pernyataan efektif dari its letter No. S-10319/BL/2009 dated
BAPEPAM-LK untuk melakukan Penawaran November 26, 2009.
Umum Terbatas I melalui suratnya No. S-
10319/BL/2009 tanggal 26 November 2009.
Pada tanggal 26 November 2009, Bank On November 26, 2009, the Bank held an
melakukan Rapat Umum Pemegang Saham Extraordinary General Meeting of Shareholders
Luar Biasa untuk menyetujui pelaksanaan to approve the execution of the Limited Public
Penawaran Umum Terbatas I dalam rangka Offering I with pre-emptive rights.
penerbitan HMETD.
Penawaran Umum Terbatas I dilaksanakan The Limited Public Offering I was held on
pada tanggal 4 - 10 Desember 2009. Jumlah December 4 - 10, 2009. The total proceeds
dana yang diperoleh dari hasil Penawaran from Limited Public Offering I amounting to
Umum Terbatas I adalah sebesar Rp118.711 Rp118,711 (for 286,050,768 common B
(untuk 286.050.768 saham biasa kelas B), shares), of which Rp62,955 (for 151,699,698
dimana sebesar Rp62.955 (untuk 151.699.698 common B shares) was raised from the public
saham biasa kelas B) diperoleh dari and Rp55,756 (for 134,351,070 common B
masyarakat dan sebesar Rp55.756 shares) was raised from Koperasi Pegawai
- 20 -
Page 506
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
(untuk 134.351.070 saham biasa kelas B) Bulog Seluruh Indonesia (Kopelindo) and
diperoleh dari Koperasi Pegawai Bulog Seluruh Yayasan Bina Sejahtera Warga (Yabinstra)
Indonesia (Kopelindo) dan Yayasan Bina Bulog, who acted as the standby buyers with
Sejahtera Warga (Yabinstra) Bulog yang proportional share of 89.83% and 10.17%,
bertindak sebagai pembeli siaga (standby respectively.
buyer) dengan proporsi masing-masing sebesar
89,83% dan 10,17%.
Dana yang diperoleh dari Penawaran Umum The proceeds from the Limited Public Offering I
Terbatas I ini telah diterima oleh Bank pada were received by the Bank in December 2009.
bulan Desember 2009.
Pada tanggal 20 Desember 2010, Bank telah On December 20, 2010, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration regarding Limited
sehubungan dengan Penawaran Umum Public Offering II through letter No. 11754/
Terbatas II kepada BAPEPAM-LK melalui surat DIR/XII/2010 to BAPEPAM-LK, in relation with
No. 11754/DIR/XII/2010 dalam rangka the issuance of pre-emptive rights to the
penerbitan Hak Memesan Efek Terlebih Dahulu shareholders (Note 27b).
(HMETD) kepada pemegang saham (Catatan
27b).
Saham yang ditawarkan adalah sebanyak Total shares offered were 2,051,366,765
2.051.366.765 saham biasa kelas B baru common B shares (“New Shares”) with a par
(“Saham Baru”) dengan nilai nominal Rp100 value of Rp100 (full amount) per share and
(nilai penuh) per saham dengan harga offering price of Rp520 (full amount) per share.
penawaran Rp520 (nilai penuh) per saham. The Bank received the effectivity statement
Bank memperoleh pernyataan efektif dari from BAPEPAM-LK to conduct Limited Public
BAPEPAM-LK untuk melakukan Penawaran Offering II through its letter No. S-771/BL/2011
Umum Terbatas II melalui suratnya dated January 26, 2011. On January 26, 2011,
No. S-771/BL/2011 tanggal 26 Januari 2011. the Bank held an Extraordinary General
Pada tanggal 26 Januari 2011, Bank Meeting of Shareholders to approve the
melakukan Rapat Umum Pemegang Saham execution of the Limited Public Offering II with
Luar Biasa untuk menyetujui pelaksanaan pre-emptive rights.
Penawaran Umum Terbatas II dalam rangka
penerbitan HMETD.
Penawaran Umum Terbatas II dilaksanakan The Limited Public Offering II was held on
pada tanggal 10 - 17 Februari 2011. Jumlah February 10 - 17, 2011. The total proceeds
dana yang diperoleh dari hasil Penawaran from Limited Public Offering II amounted to
Umum Terbatas II adalah sebesar Rp929.739 Rp929,739 (for 1,787,960,495 common B
(untuk 1.787.960.495 saham biasa kelas B), shares), of which Rp921,098 (for 1,771,342,921
dimana sebesar Rp921.098 (untuk common B shares) was raised from the public
1.771.342.921 saham biasa kelas B) diperoleh and Rp8,641 (for 16,617,574 common B
dari masyarakat dan sebesar Rp8.641 (untuk shares) was raised from Koperasi Karyawan
16.617.574 saham biasa kelas B) diperoleh dari Bank KB Bukopin Jakarta (KKBJ) and Induk
Koperasi Karyawan Bank KB Bukopin Jakarta Koperasi Perikanan Indonesia (IKPI). The
(KKBJ) dan Induk Koperasi Perikanan proceeds from the Limited Public Offering II
Indonesia (IKPI). Dana yang diperoleh dari were received by the Bank in February 2011.
Penawaran Umum Terbatas II ini telah diterima
oleh Bank pada bulan Februari 2011.
- 21 -
Page 507
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
Pada tanggal 28 Oktober 2013, Bank telah On October 28, 2013, the Bank submitted a
menyampaikan Pernyataan Pendaftaran Statement of Registration regarding Limited
sehubungan dengan Penawaran Umum Public Offering III through letter No.
Terbatas III kepada Otoritas Jasa Keuangan 13308/DIR/X/2013 to The Financial Services
melalui surat No. 13308/DIR/X/2013 dalam Authority, in relation with the issuance of pre-
rangka penerbitan Hak Memesan Efek Terlebih emptive rights to the shareholders.
Dahulu (HMETD) kepada pemegang saham.
Saham yang ditawarkan adalah sebanyak- Total shares offered were 2,659,505,614
banyaknya 2.659.505.614 saham biasa kelas B common B shares (“New Shares”) with a par
baru (“Saham Baru”) dengan nilai nominal value of Rp100 (full amount) per share and
Rp100 (nilai penuh) per saham dengan harga offering price of Rp660 (full amount) per share.
penawaran Rp660 (nilai penuh) per saham. The Bank received the effectivity statement
Bank memperoleh pernyataan efektif dari from the Financial Services Authority to conduct
Otoritas Jasa Keuangan untuk melakukan Limited Public Offering III through its
Penawaran Umum Terbatas III melalui surat letter No. S-424/D.04/2013 dated
No. S-424/D.04/2013 tanggal 12 Desember December 12, 2013. On December 11 - 13,
2013. Pada 11-13 Desember 2013, Bank 2013, the Bank held an Extraordinary General
melakukan Rapat Umum Pemegang Saham Meeting of Shareholders to approve the
Luar Biasa untuk menyetujui pelaksanaan execution of the Limited Public Offering III with
Penawaran Umum Terbatas III dalam rangka pre-emptive rights.
penerbitan HMETD.
Penawaran Umum Terbatas III dilaksanakan The Limited Public Offering III was held on
pada tanggal 30 Desember 2013 - 7 Januari December 30, 2013 - January 7, 2014. The
2014. Jumlah dana yang diperoleh dari hasil total proceeds from Limited Public Offering III
Penawaran Umum Terbatas III sebesar amounted to Rp730,126 (for 1,106,252,141
Rp730.126 (untuk 1.106.252.141 saham biasa common B shares), of which Rp9,291 (for
kelas B), dari nilai tersebut sebesar Rp9.291 14,076,556 common B shares) was raised from
(untuk 14.076.556 saham biasa kelas B) the public, Rp343,410 (for 520,319,150
diperoleh dari masyarakat, sebesar Rp343.410 common B shares) was raised from Koperasi
(untuk 520.319.150 saham biasa kelas B) Pegawai Bulog Seluruh Indonesia (Kopelindo)
diperoleh dari Koperasi Pegawai Bulog Seluruh and Rp377,425 (for 571,856,435 common B
Indonesia (Kopelindo) dan sebesar Rp377.425 shares) was raised from PT Bosowa
(untuk 571.856.435 saham biasa kelas B) dari Corporindo. The proceeds from the Limited
PT Bosowa Corporindo. Dana yang diperoleh Public Offering III received by the Bank until
dari Penawaran Umum Terbatas III ini telah December 31, 2013 amounted to Rp587,490
diterima oleh Bank hingga tanggal and until January 9, 2014 amounted to
31 Desember 2013 sebesar Rp587.490 dan Rp730,126.
hingga tanggal 9 Januari 2014 sebesar
Rp730.126.
- 22 -
Page 508
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
Pada tanggal 22 Mei 2018, Bank melakukan On May 22, 2018, the Bank held an
Rapat Umum Pemegang Saham Tahunan Extraordinary General Meeting of Shareholders
untuk menyetujui pelaksanaan Penawaran to approve the execution of the Limited Public
Umum Terbatas IV dalam rangka penerbitan Offering IV with pre-emptive rights. The Bank
HMETD. Bank memperoleh pernyataan efektif received the effectivity statement from the
dari Otoritas Jasa Keuangan untuk Financial Services Authority to conduct
melakukan Penawaran Umum Terbatas IV Limited Public Offering IV through
melalui surat No.S-92/D.04/2018 tanggal its letter No. S-92/D.04/2018 dated
29 Juni 2018. Pada tanggal 2 Juli 2018, Bank June 29, 2018. On July 2, 2018, the Bank
telah menyampaikan Pernyataan Pendaftaran submitted a Statement of Registration regarding
sehubungan dengan Penawaran Umum Limited Public Offering IV through letter No.
Terbatas IV kepada Otoritas Jasa Keuangan 10400/SKPR/X/2018 to The Financial Services
melalui surat No. 10400/SKPR/X/2018 dalam Authority, in relation with the issuance of pre-
rangka Penyampaian penerbitan Saham emptive rights to the shareholders.
melalui Hak Memesan Efek Terlebih Dahulu
(HMETD) kepada pemegang saham.
Saham yang ditawarkan adalah sebanyak- Total shares offered were 2,725,986,130
banyaknya 2.725.986.130 saham biasa kelas B common B shares (“New Shares”) with a par
baru (“Saham Baru”) dengan nilai nominal value of Rp100 (full amount) per share and
Rp100 (nilai penuh) per saham dengan harga offering price of Rp570 (full amount) per share.
penawaran Rp570 (nilai penuh) per saham.
Penawaran Umum Terbatas (PUT) IV The Limited Public Offering (LPO) IV was held
dilaksanakan pada tanggal 13 Juli 2018 - on July 13, 2018 to July 25, 2018. Until
25 Juli 2018. Hingga tanggal 27 Juli 2018, Bank July 27, 2018, the Bank has received proceed
telah menerima dana dari PUT IV sebesar from LPO IV amounting to Rp1,462,214, consist
Rp1.462.214 yaitu dari Kookmin Bank sebesar of Kookmin Bank amounting to Rp1,460,910
Rp1.460.910 dan dari Publik sebesar Rp1.304. and from Public of Rp1,304. Based on letter
Berdasarkan surat dari PT Datindo Entrycom from PT Datindo Entrycom regarding the
mengenai komposisi pemegang saham pada composition of shareholders as of July 30,
tanggal 30 Juli 2018, dana dari Kookmin Bank 2018, the proceed from Kookmin Bank has
telah dicatatkan sebagai peningkatan modal been registered as increase in paid-up capital
disetor sebesar 2.565.288.316 saham biasa amounting to 2,565,288,316 common B shares.
kelas B.
Pada tanggal 29 Juni 2020 Bank telah On June 29, 2020 Bank submitted a Statement
menyampaikan Pernyataan Pendaftaran of Registration regarding Limited Public
sehubungan dengan Penawaran Umum Offering (LPO) V to The Financial Services
Terbatas (PUT) V kepada Otoritas Jasa Authority (FSA) through Sprint OJK. LPO V will
Keuangan (OJK) melalui aplikasi Sprint OJK. issue 4,660,763,499 common B shares (“New
PUT V akan menerbitkan 4.660.763.499 lembar Shares”) with a par value of Rp100 (full
saham biasa kelas B baru (“Saham Baru”) amount) per share and offering price of Rp180
dengan nilai nominal Rp100 (nilai penuh) per (full amount) per share.
saham dan nilai penawaran Rp180 (nilai penuh)
per saham.
- 23 -
Page 509
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
Pada tanggal 2 September 2020 Bank telah On September 2, 2020, the Bank held Pre-
melakukan Penambahan Modal Tanpa Hak emptive Rights (PMTHMETD) and issued
Memesan Efek Terlebih Dahulu (PMTHMETD) 16,360,578,947 new shares (sixteen billion
dan menerbitkan saham baru sebanyak three hundred sixty million five hundred seventy
16.360.578.947 (enam belas miliar tiga ratus eight thousand nine hundred and forty seven)
enam puluh juta lima ratus tujuh puluh delapan class B shares with a nominal value of Rp100
ribu sembilan ratus empat puluh tujuh) saham (full amount) per share subscribed by
kelas B dengan nilai nominal Rp100 (nilai KB Kookmin Bank Co., Ltd.
penuh) per saham yang diambil bagian oleh KB
Kookmin Bank Co., Ltd.
Pada tanggal 8 November 2021 Bank telah On November 8, 2021, the Bank has obtained
mendapatkan Pernyataan Efektif sehubungan an Effective Statement related to the Limited
dengan Penawaran Umum Terbatas (PUT) VI Public Offering (PUT) VI from the Financial
dari Otoritas Jasa Keuangan (OJK). PUT VI Services Authority (OJK). PUT VI itself has
sendiri telah menerbitkan 35.214.288.984 issued 35,214,288,984 new class B ordinary
lembar saham biasa kelas B baru (“Saham shares (“New Shares”) with a nominal value of
Baru”) dengan nominal Rp100 (nilai penuh) per Rp100 (full amount) per share.
saham.
Pada tanggal 9 Juni 2023 Bank telah On June 9, 2023, the Bank has obtained an
mendapatkan Pernyataan Efektif sehubungan Effective Statement related to the Limited
dengan Penawaran Umum Terbatas (PUT) VII Public Offering (PUT) VI from the Financial
dari Otoritas Jasa Keuangan (OJK). PUT VI Services Authority (OJK). PUT VI itself has
sendiri telah menerbitkan 119.999.999.692 issued 119,999,999,692 new class B ordinary
lembar saham biasa kelas B baru (“Saham shares (“New Shares”) with a nominal value of
Baru”) dengan nominal Rp100 (nilai penuh) per Rp100 (full amount) per share.
saham.
Tindakan Bank yang memengaruhi modal The Bank’s action which affects issued and fully
ditempatkan dan disetor penuh dalam paid capital in common B shares from Initial
saham biasa kelas B sejak Penawaran Public Offering of shares up to December 31,
Umum Saham Perdana sampai dengan 2023 are as follows:
31 Desember 2023 adalah sebagai berikut:
Jumlah Saham
Ditempatkan dan
Disetor Penuh/
Issued and Fully Paid
Tanggal/Date Tindakan Perusahaan/Corporate Action Shares
31 Desember 2005/ Total saham sebelum Penawaran Umum Saham Perdana/
December 31, 2005 Total shares before Initial Public Offering 4.760.000.050
30 Juni 2006/ Penawaran Umum Saham Perdana sejumlah 843.765.500
June 30, 2006 lembar saham/
Initial Public Offering of shares of 843,765,500 shares 5.603.765.550
30 hari bursa sejak tanggal 10 Eksekusi saham dari program kompensasi manajemen berbasis
Juli 2007/30 trading days saham sejumlah 47.864.000 lembar saham/
starting July 10, 2007 Exercise of management stock option program of 47,864,000
shares 5.651.629.550
- 24 -
Page 510
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
Jumlah Saham
Ditempatkan dan
Disetor Penuh/
Issued and Fully Paid
Tanggal/Date Tindakan Perusahaan/Corporate Action Shares
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2007/30 trading days saham sejumlah 39.370.500 lembar saham/
starting November 1, 2007 Exercise of management stock option program of 39,370,500
shares 5.691.000.050
30 hari bursa sejak tanggal 10 Juli Eksekusi saham dari program kompensasi manajemen berbasis
2008/ saham sejumlah 740.500 lembar saham/
30 trading days starting July 10, Exercise of management stock option program of 740,500
2008 shares 5.691.740.550
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2008/30 trading days saham sejumlah 780.500 lembar saham/
starting November 1, 2008 Exercise of management stock option program of 780,500
shares 5.692.521.050
30 hari bursa sejak tanggal 10 Juli Eksekusi saham dari program kompensasi manajemen berbasis
2009/ saham sejumlah 7.156.500 lembar saham/
30 trading days starting July 10, Exercise of management stock option program of 7,156,500
2009 shares 5.699.677.550
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2009/30 trading days saham sejumlah 1.092.000 lembar saham/
starting November 1, 2009 Exercise of management stock option program of 1,092,000
shares 5.700.769.550
26 November 2009/ Penawaran Umum Terbatas I dalam rangka penerbitan Hak
November 26, 2009 Memesan Efek Terlebih Dahulu sejumlah 286.050.768 lembar
saham/
Limited Public Offering I with the Issuance of Pre-emptive Rights
of 286,050,768 shares 5.986.820.318
30 hari bursa sejak tanggal 10 Juli Eksekusi saham dari program kompensasi manajemen berbasis
2010/ saham sejumlah 129.687.500 lembar saham/
30 trading days starting July 10, Exercise of management stock option program of 129,687,500
2010 shares 6.116.507.818
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2010/30 trading days saham sejumlah 16.254.500 lembar saham/
starting November 1, 2010 Exercise of management stock option program of 16,254,500
shares 6.132.762.318
26 Januari 2011/ Penawaran Umum Terbatas II dalam rangka penerbitan Hak
January 26, 2011 Memesan Efek Terlebih Dahulu sejumlah 1.787.960.495 lembar
saham/
Limited Public Offering II with the Issuance of Pre-emptive
Rights of 1,787,960,495 shares 7.920.722.813
30 hari bursa sejak tanggal 10 Juli Eksekusi saham dari program kompensasi manajemen berbasis
2011/ saham sejumlah 12.705.000 lembar saham/
30 trading days starting July 10, Exercise of management stock option program of 12,705,000
2011 shares 7.933.427.813
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2011/30 trading days saham sejumlah 269.000 lembar saham/
starting November 1, 2011 Exercise of management stock option program of 269,000
shares 7.933.696.813
30 hari bursa sejak tanggal 10 Juli Eksekusi saham dari program kompensasi manajemen berbasis
2012/ saham sejumlah 14.346.000 lembar saham/
30 trading days starting July 10, Exercise of management stock option program of 14,346,000
2012 shares 7.948.042.813
- 25 -
Page 511
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
1. Umum (lanjutan) 1. General (continued)
d. Penawaran umum obligasi dan penawaran d. Public offering of the Bank’s bonds and
umum saham Bank (lanjutan) shares (continued)
Penawaran umum saham (lanjutan) Public offering of shares (continued)
Jumlah Saham
Ditempatkan dan
Disetor Penuh/
Issued and Fully Paid
Tanggal/Date Tindakan Perusahaan/Corporate Action Shares
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
1 November 2012/30 trading days saham sejumlah 680.500 lembar saham/
starting November 1, 2012 Exercise of management stock option program of 680,500
shares 7.948.723.313
30 hari bursa sejak tanggal Eksekusi saham dari program kompensasi manajemen berbasis
2 Januari 2013/30 trading days saham sejumlah 352.500 lembar saham/
starting January 2, 2013 Exercise of management stock option program of 352,500
shares 7.949.075.813
30 hari bursa sejak tanggal 25 Mei Eksekusi saham dari program kompensasi manajemen berbasis
2013/ saham sejumlah 9.954.500 embar saham/
30 trading days starting May 25, Exercise of management stock option program of 9,954,500
2013 shares 7.959.030.313
7 Januari 2014/ Penawaran Umum Terbatas III dalam rangka penerbitan Hak
January 7, 2014 Memesan Efek Terlebih Dahulu sejumlah1.106.252.141 lembar
saham/
Limited Public Offering III with the Issuance of Pre-emptive
Rights of 1,106,252,141 shares 9.065.282.454
27 Juli 2018/ Penawaran Umum Terbatas IV dalam rangka penerbitan Hak
July 27, 2018 Memesan Efek Terlebih Dahulu sejumlah 2.565.288.316 lembar
saham/
Limited Public Offering IV with the Issuance of Pre-emptive
Rights of 2,565,288,316 shares 11.630.570.770
29 Juni 2020/ Penawaran Umum Terbatas V dalam rangka penerbitan Hak
June 29, 2020 Memesan Efek Terlebih Dahulu sejumlah 4.660.763.499 lembar
saham/
Limited Public Offering V with the Issuance of Pre-emptive
Rights of 4,660,763,499 shares 16.291.334.269
2 September 2020/ Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
September 2, 2020 ("PMTHMETD") sejumlah 16.360.578.974 lembar saham/
Non Pre-Preemptive Private Placement with the Issuances of
16,360,578,974 shares 32.651.913.243
2 Desember 2021/ Penawaran Umum Terbatas VI dalam rangka penerbitan Hak
December 2, 2021 Memesan Efek Terlebih Dahulu sejumlah 35.214.288.984
lembar saham/
Limited Public Offering VI with the Issuance of Pre-emptive
Rights of 35,214,288,984 shares 67.866.202.200
9 Juni 2023/ Penawaran Umum Terbatas VII dalam rangka penerbitan Hak
June 9, 2023 Memesan Efek Terlebih Dahulu sejumlah 119.999.999.692
lembar saham/
Limited Public Offering VI with the Issuance of Pre-emptive
Rights of 119,999,999,692 shares 187.866.201.892
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
Kebijakan akuntansi utama yang diterapkan dalam The principal accounting policies adopted in
penyusunan laporan keuangan konsolidasian Bank preparing the consolidated financial statements of
dan Entitas anak (“Grup”) adalah seperti dijabarkan the Bank and it’s subsidiaries (the “Group”) are set
di bawah ini: out below:
- 26 -
Page 512
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup financial statements
Laporan keuangan konsolidasian telah disusun The consolidated financial statements have
dan disajikan sesuai dengan Standar Akuntansi been prepared and presented in accordance
Keuangan di Indonesia yang mencakup with Indonesian Financial Accounting Standards
Pernyataan dan Interpretasi yang dikeluarkan which comprise the Statements and
oleh Dewan Standar Akuntansi Keuangan Interpretations issued by the Board of Financial
Ikatan Akuntan Indonesia, Buku Panduan Accounting Standards of the Indonesian
Akuntansi Perbankan bagi Bank Umum Institute of Accountants, The Banking
Kovensional (BPAK), Panduan Akuntansi Accounting Handbook for Conventional
Perbankan Syariah (PAPSI) dan Peraturan No. Commercial Banks (BPAK) and the Islamic
VIII.G.7 tentang “Penyajian dan Pengungkapan Banking Accounting Guide (PAPSI). and
Laporan Keuangan Emiten atau Perusahaan Regulation No. VIII.G.7 regarding “Presentation
Publik”. and Disclosures of Public Companies’ Financial
Statements”.
Laporan keuangan entitas anak yang bergerak The subsidiary’s financial statements which
di bidang perbankan Syariah disajikan sesuai operates under Sharia banking have been
dengan Implementasi Standar Akuntansi presented in accordance with Implementation of
Keuangan (“ISAK”) 101 (Revisi 2016) tentang Financial Accounting Standards (“IFAS”) 101
“Penyajian Laporan Keuangan Syariah”, ISAK (Revised 2016) regarding “Sharia Financial
102 (Amendemen 2013) tentang “Akuntansi Statements Presentation”, IFAS 102
Murabahah”, ISAK 103 tentang “Akuntansi (Amendment 2013) regarding “Murabahah
Salam”, ISAK 104 (Amendemen 2016) tentang Accounting”, IFAS 103 regarding “Salam
“Akuntansi Istishna”, ISAK 105 tentang Accounting”, IFAS 104 (Amendment 2016)
“Akuntansi Mudharabah”, ISAK 106 tentang regarding “Istishna Accounting”, IFAS 105
“Akuntansi Musyarakah”, ISAK 107 regarding “Mudharabah Accounting”, IFAS 106
(Amendemen 2016) tentang “Akuntansi Ijarah”, regarding “Musyarakah Accounting”, IFAS 107
ISAK 110 (Revisi 2015), “Akuntansi Sukuk”, dan (Amendment 2016) regarding “Ijarah
Pedoman Akuntansi Perbankan Syariah Accounting”, IFAS 110 (Revised 2015)
Indonesia (“PAPSI”) yang diterbitkan atas “Accounting for Sukuk”, and Indonesian Sharia
kerjasama Ikatan Akuntan Indonesia dengan Banking Accounting Guidelines (“PAPSI”) as
Bank Indonesia. issued under the cooperation between
Indonesian Institute of Accountants and Bank
Indonesia.
Laporan keuangan konsolidasian disusun The consolidated financial statements have
berdasarkan nilai historis kecuali untuk been prepared under the historical cost
beberapa akun yang dinilai menggunakan convention except for certain accounts which
dasar pengukuran lain sebagaimana dijelaskan are valued on other measurement basis as
pada kebijakan akuntansi dari akun tersebut. described in the accounting policies for such
Laporan keuangan konsolidasian disusun accounts. The consolidated financial statements
berdasarkan akuntansi akrual kecuali laporan are prepared under the accrual basis of
arus kas konsolidasian. accounting, except for the consolidated
statement of cash flows.
Grup telah menyusun laporan keuangan The Group has prepared the consolidated
konsolidasian dengan dasar bahwa Grup akan financial statements on the basis that it will
terus mempertahankan kelangsungan usaha. continue to operate as a going concern.
Laporan arus kas konsolidasian disusun The consolidated statement of cash flows is
dengan menggunakan metode langsung yang prepared using the direct method which
menyajikan penerimaan dan pengeluaran kas presents receipts and payments of cash and
dan setara kas yang diklasifikasikan ke dalam cash equivalents which are classified into
aktivitas operasi, investasi, dan pendanaan. operating, investing, and financing activities.
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Page 513
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup (lanjutan) financial statements (continued)
Seluruh angka dalam laporan keuangan All figures in the consolidated financial
konsolidasian ini, kecuali dinyatakan secara statements are rounded to and stated in millions
khusus, dibulatkan menjadi jutaan Rupiah yang of Rupiah, unless otherwise stated.
terdekat.
Pos-pos dalam Penghasilan Komprehensif The items under Other Comprehensive Income
Lainnya disajikan terpisah antara akun-akun (OCI) are presented separately between items
yang akan direklasifikasikan ke laba rugi dan to be reclassified to profit or loss and those
akun-akun yang tidak akan direklasifikasikan ke items not to be reclassified to profit or loss.
laba rugi.
Dalam penyusunan laporan keuangan The preparation of consolidated financial
konsolidasian sesuai dengan Standar Akuntansi statements in conformity with Indonesian
Keuangan di Indonesia, dibutuhkan estimasi Financial Accounting Standards requires the
dan asumsi yang memengaruhi: use of estimates and assumptions that affects:
- nilai aset dan liabilitas dilaporkan, dan - the reported amounts of assets and
pengungkapan atas aset dan liabilitas liabilities and disclosure of contingent
kontinjensi pada tanggal laporan keuangan assets and liabilities at the date of the
konsolidasian; consolidated financial statements;
- jumlah pendapatan dan beban selama - the reported amounts of revenues and
periode pelaporan. expenses during the reporting period.
Walaupun estimasi ini dibuat berdasarkan Although these estimates are based on
pengetahuan terbaik manajemen atas kejadian management’s best knowledge of current
dan tindakan saat ini, hasil yang timbul mungkin events and activities, actual results may differ
berbeda dengan jumlah yang diestimasi from those estimates.
semula.
Pertimbangan profesional dan estimasi The most significant uses of the judgment and
signifikan dalam menentukan jumlah yang estimates in determining the amounts
diakui dalam laporan keuangan konsolidasian recognized in the consolidated financial
adalah sebagai berikut: statements are as follows:
Perhitungan cadangan kerugian Calculation of loss allowance
Saat mengukur Cadangan Kerugian When measuring Expected Credit Losses
Ekspektasian (ECL), Grup menggunakan (ECL), the Group uses reasonable and
informasi masa depan yang wajar dan dapat supportable forward-looking information, which
didukung, yang didasarkan pada asumsi untuk is based on assumptions for the future
pergerakan masa depan dari berbagai movement of different economic drivers and
pendorong ekonomi dan bagaimana penggerak how these drivers will affect each other.
ini akan saling memengaruhi.
Loss given default adalah estimasi kerugian Loss given default is an estimate of the loss
yang timbul karena gagal bayar. Perhitungan arising on default. It is based on the difference
didasarkan pada perbedaan antara arus kas between the contractual cash flows due and
kontraktual terutang dan yang diharapkan akan those that the lender would expect to receive,
diterima, dengan mempertimbangkan arus kas taking into account cash flows from collateral
dari agunan dan peningkatan kredit integral. and integral credit increase.
Probability of default merupakan input utama Probability of default constitutes a key input in
dalam mengukur ECL. Probability of default measuring ECL. Probability of default is an
adalah perkiraan kemungkinan gagal bayar estimate of the likelihood of default over a given
selama jangka waktu tertentu, yang time horizon, the calculation of which includes
penghitungannya mencakup data historis, historical data, assumptions and expectations
asumsi, dan ekspektasi kondisi masa depan. of future conditions.
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Page 514
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup (lanjutan) financial statements (continued)
Penilaian model bisnis Business model assessment
Klasifikasi dan pengukuran aset keuangan Classification and measurement of financial
bergantung pada hasil ‘semata dari assets depends on the results of the SPPI and
pembayaran pokok dan bunga’ (”SPPI”) dan uji the business model test (please see financial
model bisnis (lihat bagian aset keuangan pada assets sections of Note 2d). The Group
Catatan 2d). Grup menentukan model bisnis determines the business model at a level that
pada tingkat yang mencerminkan bagaimana reflects how group of financial assets are
kelompok aset keuangan dikelola bersama managed together to achieve a particular
untuk mencapai tujuan bisnis tertentu. Penilaian business objective. This assessment includes
ini mencakup penilaian yang mencerminkan judgement reflecting all relevant evidence
semua bukti yang relevan termasuk bagaimana including how the performance of the assets is
kinerja aset dievaluasi dan kinerjanya diukur, evaluated and their performance measured, the
risiko yang memengaruhi kinerja aset dan risks that affect the performance of the assets
bagaimana hal ini dikelola dan bagaimana and how these are managed and how the
manajer aset diberi kompensasi. Grup managers of the assets are compensated.
memantau aset keuangan yang diukur pada The Group monitors financial assets measured
biaya perolehan diamortisasi atau nilai wajar at amortised cost or fair value through other
melalui penghasilan komprehensif lain yang comprehensive income that are derecognized
dihentikan pengakuannya sebelum jatuh tempo prior to their maturity to understand the reason
untuk memahami alasan pelepasannya dan for their disposal and whether the reasons are
apakah alasan tersebut konsisten dengan consistent with the objective of the business for
tujuan bisnis di mana aset tersebut dimiliki. which the asset was held. Monitoring is part of
Pemantauan adalah bagian dari penilaian the Group’s continuous assessment of whether
berkelanjutan Grup atas apakah model bisnis di the business model for which the remaining
mana aset keuangan yang tersisa dimiliki tetap financial assets are held continues to be
sesuai dan jika tidak sesuai apakah telah terjadi appropriate and if it is not appropriate whether
perubahan dalam model bisnis dan dengan there has been a change in business model
demikian terdapat perubahan prospektif and so a prospective change to the
terhadap klasifikasi aset keuangan tersebut. classification of those assets. No such changes
Tidak ada perubahan yang diperlukan selama were required during the periods presented.
periode yang disajikan.
Klasifikasi aset dan liabilitas keuangan Classification of financial assets and financial
liabilities
Grup menetapkan klasifikasi atas aset dan The Group determine the classifications of
liabilitas tertentu sebagai aset dan liabilitas certain assets and liabilities as financial assets
keuangan dengan mempertimbangkan definisi and liabilities by considering the definition set
yang ditetapkan PSAK 71. Dengan demikian, forth in SFAS 71. Accordingly, the financial
aset keuangan dan liabilitas keuangan diakui assets and liabilities are accounted for in
sesuai dengan kebijakan akuntansi Grup accordance with the Group accounting policies
seperti diungkapkan pada Catatan 2d atas as disclosed in Note 2d to the consolidated
laporan keuangan konsolidasian. financial statements.
Nilai wajar atas instrumen keuangan Fair value of financial instruments (Note 46)
(Catatan 46)
Bila nilai wajar aset keuangan dan liabilitas Where the fair values of financial assets and
keuangan yang tercatat pada laporan posisi financial liabilities recorded on the consolidated
keuangan konsolidasian tidak tersedia di pasar statement of financial position cannot be
aktif, nilai wajar aset keuangan dan liabilitas derived from active markets, they are
keuangan ditentukan dengan menggunakan determined using a variety of valuation
berbagai teknik penilaian termasuk penggunaan techniques that include the use of mathematical
- 29 -
Page 515
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup (lanjutan) financial statements (continued)
model matematika. Masukan (input) untuk models. The inputs to these models are derived
model ini berasal dari data pasar yang bisa from observable market data where possible,
diamati sepanjang data tersebut tersedia. Bila but where observable market data are not
data pasar yang bisa diamati tersebut tidak available, management judgment is required to
tersedia, pertimbangan manajemen diperlukan establish fair values. The judgments include
untuk menentukan nilai wajar. Pertimbangan considerations of liquidity and model inputs
tersebut mencakup pertimbangan likuiditas dan such as volatility for long term derivatives and
masukan model seperti volatilitas untuk discount rates, prepayment rates, and default
transaksi derivatif yang berjangka waktu rate assumptions.
panjang dan tingkat diskonto, tingkat pelunasan
dipercepat, dan asumsi tingkat gagal bayar.
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances
meliputi kerugian kredit yang melekat dalam cover credit losses inherent in portfolios of
portofolio aset keuangan dengan karakteristik financial assets with similar economic
ekonomi yang sama, tetapi penurunan nilai characteristics, but the individually impaired
secara individu belum dapat diidentifikasi. items cannot yet be identified. In assessing the
Dalam menilai kebutuhan untuk cadangan need for collective allowances, management
kolektif, manajemen mempertimbangkan faktor- considers factors such as credit quality and type
faktor seperti kualitas kredit dan jenis produk. of product. In order to estimate the required
Guna membuat estimasi cadangan yang allowance, assumptions are made to define the
diperlukan, manajemen membuat asumsi untuk way inherent losses are modelled and to
menentukan kerugian yang melekat, dan untuk determine the required input parameters, based
menentukan parameter input yang diperlukan, on historical experiences, current economic
berdasarkan pengalaman masa lalu, kondisi conditions and forecast on future economic
ekonomi saat ini dan prakiraan kondisi ekonomi condition. The accuracy of the allowances
dimasa depan. Keakuratan penyisihan depends on how well these estimate future
tergantung pada seberapa baik estimasi arus cash flows for specific counterparty allowances
kas masa depan untuk cadangan counterparty and the model assumptions and parameters are
tertentu dan asumsi model dan parameter yang used in determining collective allowances.
digunakan dalam menentukan cadangan
kolektif.
Grup mereviu kredit yang diberikan dan piutang The Group review their individually significant
yang signifikan secara individual pada setiap loans and receivables at each consolidated
tanggal laporan posisi keuangan untuk menilai statement of financial position date to assess
apakah penurunan nilai harus dicatat pada laba whether an impairment loss should be recorded
rugi. Secara khusus, justifikasi oleh manajemen in the profit or loss. In particular, judgment by
diperlukan dalam estimasi jumlah dan waktu management is required in the estimation of the
arus kas di masa mendatang ketika amount and timing of future cash flows when
menentukan penurunan nilai. Dalam estimasi determining the impairment loss. In estimating
arus kas ini, Grup membuat justifikasi tentang these cash flows, the Group make judgments
situasi keuangan debitur dan nilai realisasi neto about the debtor’s financial situation and the net
agunan. Estimasi-estimasi ini didasarkan pada realizable value of collateral. These estimates
asumsi-asumsi tentang sejumlah faktor dan are based on assumptions about a number of
hasil aktual mungkin berbeda, yang tercermin factors and actual results may differ, resulting in
dalam perubahan di masa mendatang future changes to the allowance for impairment
cadangan penurunan nilai tersebut. losses.
Grup mereviu efek utang yang diklasifikasikan The Group review their debt securities
sebagai diukur pada nilai wajar melalui laba classified as measured at fair value through
rugi, diukur pada nilai wajar melalui penghasilan profit or loss, measured at fair value through
komprehensif lain, dan diukur dengan biaya other comprehensive income, and measured at
perolehan diamortisasi pada setiap tanggal amortised costs investments at each
laporan posisi keuangan konsolidasian untuk consolidated statement of financial position
menilai apakah telah terjadi penurunan nilai. date to assess whether they are impaired. This
Penilaian tersebut memerlukan pertimbangan requires similar judgment as applied to the
yang sama seperti yang diterapkan pada individual assessment of loans.
penilaian individual pada kredit yang diberikan.
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Page 516
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup (lanjutan) financial statements (continued)
Penurunan nilai aset non-keuangan Impairment of non-financial assets (Notes 13,
(Catatan 13, 14, dan 15) 14, and 15)
Grup mengevaluasi penurunan nilai aset non- The Group evaluate impairment of non-financial
keuangan apabila terdapat kejadian atau assets if there is event or change in
perubahan keadaan yang mengindikasikan circumstance that may indicate that the carrying
bahwa nilai tercatat aset non-keuangan tidak amount of the non-financial assets may not be
dapat dipulihkan kembali. recovered.
Penurunan nilai timbul saat nilai tercatat aset An impairment exists when the carrying value of
atau Unit Penghasil Kas ("UPK") melebihi nilai an asset or Cash Generating Unit ("CGU")
terpulihnya, yaitu mana yang lebih besar antara exceeds its recoverable amount, which is the
nilai wajar dikurangi biaya untuk menjual dan higher of its fair value less costs to sell and its
nilai 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.
Aset pajak tangguhan (Catatan 21.d) Deferred tax assets (Note 21.d)
Aset pajak tangguhan diakui atas jumlah pajak Deferred tax assets are recognized for the
penghasilan terpulihkan (recoverable) pada future recoverable taxable income arising from
periode mendatang sebagai akibat perbedaan temporary difference. Management judgment is
temporer yang boleh dikurangkan. Justifikasi required to determine the amount of deferred
manajemen diperlukan untuk menentukan tax assets that can be recognized, based upon
jumlah aset pajak tangguhan yang dapat diakui, the likely timing on level of future taxable profits,
sesuai dengan waktu yang tepat dan tingkat together with future tax planning strategy.
laba fiskal di masa mendatang sejalan dengan
strategi rencana perpajakan ke depan.
Liabilitas kesejahteraan karyawan (Catatan 37) Liability for employee service entitlements
(Note 37)
Program-program pensiun ditentukan Pension programs are determined based on
berdasarkan perhitungan aktuarial. Perhitungan actuarial valuation. The actuarial valuation
aktuarial menggunakan asumsi-asumsi seperti involves assumptions such as discount rate,
tingkat diskonto, tingkat pengembalian aset, expected rate of returns on plan assets, salary
tingkat kenaikan penghasilan, tingkat kematian, increase rate, mortality rate, resignation rate,
tingkat pengunduran diri, dan lain-lain. and others.
Penyusutan aset tetap Depreciation of fixed assets
Manajemen mengestimasi masa manfaat Management properly estimates the useful lives
ekonomis aset tetap Grup antara 4 sampai of the Group’s fixed assets to be within 4 to 20
dengan 20 tahun. Ini merupakan masa manfaat years. These are common life expectancies
ekonomis yang secara umum diharapkan dalam applied in the banking industries. Changes in
industri perbankan. Perubahan tingkat the expected level of usage and technological
pemakaian dan perkembangan teknologi dapat development could impact the economic useful
memengaruhi masa manfaat ekonomis dan nilai lives and the residual values of these assets,
sisa aset, dan karenanya beban penyusutan and therefore future depreciation charges could
masa depan mungkin direvisi. Penjelasan lebih be revised. Further details are disclosed in
rinci diungkapkan dalam Catatan 2p dan 13. Notes 2p and 13.
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Page 517
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
a. Pernyataan kepatuhan dan dasar a. Statement of compliance and basis of
penyusunan laporan keuangan preparation of the Group’s consolidated
konsolidasian Grup (lanjutan) financial statements (continued)
Revaluasi atas tanah (Catatan 13) Revaluation of land (Note 13)
Grup menggunakan penilai independen untuk The Group use an independent appraiser to
menilai nilai wajar atas tanah. Tanah dinilai assess the fair value of the lands. Lands are
dengan mengacu kepada bukti berdasarkan valued by referencing to market-based
pasar, menggunakan harga yang sebanding evidence, using comparable prices adjusted for
setelah disesuaikan dengan faktor pasar specific markets factors such as the location
spesifik seperti lokasi dan kondisi dari tanah. and condition of the land.
Estimasi masa sewa Estimation of lease term
Dalam mengestimasi masa sewa dari masing- When estimating the lease term of the
masing perjanjian sewa, manajemen respective lease arrangement management
mempertimbangkan seluruh fakta dan keadaan considers all facts and circumstances that
yang memberikan insentif ekonomik untuk create an economic incentive to exercise an
mengeksekusi opsi perpanjangan, atau untuk extension option, or not to exercise atermination
tidak mengeksekusi opsi penghentian, option, including any expected changes in facts
termasuk perubahan fakta atau keadaan yang and circumstances from the commencement
diekspektasi dari tanggal permulaan hingga date until the exercise date of the option.
tanggal eksekusi opsi. Opsi perpanjangan (atau Extension options (or periods after termination
periode setelah opsi penghentian) hanya options) are only included in the lease term if
diperhitungkan dalam masa sewa jika sewa the lease is reasonably certain to be extended
cukup pasti akan diperpanjang (atau tidak (or not terminated).
dihentikan).
b. Prinsip-prinsip konsolidasian b. Principles of consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements include
laporan keuangan Bank dan laporan keuangan the financial statements of the Bank and
entitas anak. financial statements of its subsidiaries.
Pengendalian diperoleh ketika Bank terekspos, Control is achieved when the Bank is exposed,
atau memiliki hak atas imbal hasil variabel dari or has rights to variable returns from its
keterlibatannya dengan entitas dan memiliki involvement with the investee and has the
kemampuan untuk memengaruhi pengembalian ability to affect those returns through its power
tersebut melalui kekuasaan yang dimiliki. over the investee.
Dalam hal pengendalian terhadap entitas Where an entity either began or ceased to be
dimulai atau diakhiri dalam suatu tahun controlled during the year, the results of
berjalan, maka hasil usaha entitas yang operations of that entity are included into
diperhitungkan ke dalam laporan keuangan theconsolidated financial statements only from
konsolidasian hanya sebatas hasil pada saat the date that the control commenced or up to
pengendalian tersebut mulai diperoleh atau the date that control ceased.
hingga saat pengendalian atas entitas tersebut
berakhir.
Dalam mencatat akuisisi entitas anak The purchase method of accounting is used to
digunakan metode pembelian. Biaya akuisisi account for the acquisition of subsidiary. The
diukur sebesar nilai wajar aset yang cost of an acquisition is measured at the fair
diserahkan, saham yang diterbitkan atau value of the assets given up, shares issued or
liabilitas yang diambil alih pada tanggal akuisisi. liabilities assumed at the date of acquisition.
Biaya transaksi, selain biaya yang berhubungan Transaction cost, excluding debt or equity
dengan penerbitan instrumen utang atau instrument issuance cost which is borne by the
ekuitas yang ditanggung oleh Bank Bank in relation with business combination, is
sehubungan dengan kombinasi bisnis, charged to expense when incurred. The excess
dibebankan pada saat terjadinya. Kelebihan of the cost of acquisition over the fair value of
biaya akuisisi atas nilai wajar aset neto entitas the net assets of the subsidiary acquired is
anak dicatat sebagai goodwill (Catatan 2q.i recorded as goodwill (Note 2q.i for the
untuk kebijakan akuntansi atas goodwill). accounting policy on goodwill).
- 32 -
Page 518
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
b. Prinsip-prinsip konsolidasian (lanjutan) b. Principles of consolidation (continued)
Seluruh saldo dan transaksi yang signifikan All significant intercompany balances and
termasuk keuntungan/kerugian yang belum transactions, including unrealized gain/loss, are
direalisasi antar entitas dieliminasi untuk eliminated to reflect the financial position and
mencerminkan posisi keuangan dan hasil results of operations of the Group as one
usaha Grup sebagai satu kesatuan usaha. business entity.
Laporan keuangan konsolidasian disusun The consolidated financial statements are
dengan menggunakan kebijakan akuntansi prepared using uniformed accounting policy for
yang sama untuk peristiwa dan transaksi transactions and events in similar
sejenis dalam kondisi yang sama. Kebijakan circumstances. The principal accounting
akuntansi utama yang digunakan dalam policies adopted in preparing the consolidated
penyusunan laporan keuangan konsolidasian, financial statements have been consistently
telah diterapkan secara konsisten oleh entitas applied by the subsidiaries, unless otherwise
anak, kecuali dinyatakan lain. stated.
Laba atau rugi dan setiap komponen Profit or loss and each component of other
penghasilan komprehensif lain diatribusikan comprehensive income are attributed to the
pada pemilik entitas induk dan pada equity holders of the parent entity and to the
kepentingan non-pengendali. Seluruh non-controlling interest. Total comprehensive
penghasilan komprehensif diatribusikan pada income is attributable to the equity holders of
pemilik entitas induk dan pada kepentingan the parent entity and to the non-controlling
non-pengendali bahkan jika hal ini interest even if this results in the non-controlling
mengakibatkan kepentingan non-pengendali interest having a deficit balance.
mempunyai saldo defisit.
c. Penjabaran mata uang asing c. Foreign currency translations
i. Mata uang penyajian i. Presentation currency
Laporan keuangan konsolidasian disajikan The consolidated financial statements are
dalam mata uang Rupiah, yang merupakan presented in Rupiah, which is the functional
mata uang fungsional Grup. currency of the Group.
ii. Transaksi dan saldo ii. Transactions and balances
Transaksi dalam mata uang asing Transactions denominated in a foreign
dijabarkan ke mata uang Rupiah dengan currency are converted into Rupiah using
menggunakan kurs pada tanggal-tanggal the spot rate at those transaction dates. At
transaksi tersebut. Pada tanggal the reporting date, monetary assets and
pelaporan, aset dan liabilitas moneter liabilities in foreign currencies are
dalam mata uang asing dijabarkan ke translated using the reporting (closing) rate
dalam mata uang Rupiah dengan determined by Bank Indonesia based on
menggunakan kurs laporan (penutupan) the Reuters spot rate at 16.00 Western
yang ditetapkan oleh Bank Indonesia Indonesia Time (“WIB”) prevailing at that
berdasarkan kurs spot Reuters pada pukul date.
16.00 Waktu Indonesia Barat (“WIB”) yang
berlaku pada tanggal tersebut.
Keuntungan dan kerugian selisih kurs yang Exchange gains and losses arising on
timbul dari transaksi dalam mata uang asing transactions in foreign currency and on the
dan dari penjabaran aset dan liabilitas moneter translation of foreign currency monetary assets
dalam mata uang asing diakui pada laba rugi, and liabilities are recognized in the profit or
kecuali apabila ditangguhkan pada bagian loss, except when deferred in equity as
ekuitas sebagai lindung nilai arus kas yang qualifying cash flow hedges.
memenuhi syarat.
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Page 519
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
c. Penjabaran mata uang asing (lanjutan) c. Foreign currency translations (continued)
Selisih penjabaran mata uang asing atas efek Translation differences on debt marketable
utang dan aset moneter keuangan lain yang securities and other monetary financial assets
diukur berdasarkan nilai wajar dicatat sebagai measured at fair value are included in foreign
bagian dari keuntungan dan kerugian selisih exchange gains and losses.
kurs.
Berikut ini adalah kurs mata uang asing utama Below are the major exchange rates used for
yang digunakan untuk penjabaran jumlah dalam translation of foreign currency amounts into
mata uang asing ke dalam Rupiah pada tanggal Rupiah as at December 31, 2023 and
31 Desember 2023 dan 2022: December 31, 2022:
2023 2022
Poundsterling Inggris 19.626 17.022 Great Britain Poundsterling
Euro Eropa 17.038 14.972 European Euro
Dolar Amerika Serikat 15.397 15.228 United States Dollar
Dolar Singapura 11.676 10.644 Singapore Dollar
Dolar Australia 10.521 9.901 Australian Dollar
China Yuan 2.170 2.146 Chinese Yuan
Dolar Hong Kong 1.970 1.940 Hong Kong Dollar
Yen Jepang 109 106 Japanese Yen
Won Korea Selatan 12 11 South Korean Won
d. Aset dan liabilitas keuangan d. Financial assets and liabilities
Aset keuangan Grup terdiri dari kas, giro pada The Group’s financial assets consist of cash,
Bank Indonesia, giro pada bank lain, current accounts with Bank Indonesia, current
penempatan pada Bank Indonesia dan bank accounts with other banks, placements with
lain, tagihan derivatif, surat-surat berharga Bank Indonesia and other banks, derivative
dengan janji dijual kembali, tagihan surat-surat receivables, marketable securities purchased
berharga yang dibeli dengan janji dijual with agreement to resell, marketable securities
kembali, wesel ekspor dan tagihan lainnya, receivables purchased with agreement to
kredit yang diberikan dan pembiayaan piutang re-sell, bills and other receivables, loans and
syariah, tagihan akseptasi, penyertaan saham, sharia receivables financing, acceptances
bunga yang masih akan diterima, dan aset lain- receivable, investments in shares, interest
lain (setoran jaminan). receivables, and other assets (guarantee
deposit).
Liabilitas keuangan Grup terdiri dari liabilitas The Group’s financial liabilities consist of
segera, simpanan nasabah, simpanan dari liabilities immediately payable, deposits from
bank lain, liabilitas derivatif, surat-surat customers, deposits from other banks,
berharga yang dijual dengan janji dibeli derivative payable, marketable securities sold
kembali, liabilitas akseptasi, surat berharga under agreement to repurchase, acceptances
yang diterbitkan, pinjaman yang diterima, bunga payable, marketable securities issued,
yang masih harus dibayar, dan liabilitas lain- borrowings, interest payable, and other
lain. liabilities.
(i) Klasifikasi (i) Classification
Aset keuangan diklasifikasikan berdasarkan Financial assets are classified into the
kategori sebagai berikut pada saat following categories on initial recognition:
pengakuan awal:
• Aset keuangan yang diukur pada nilai • Financial assets held at fair value
wajar melalui laporan laba rugi through profit or loss (FVTPL);
(FVTPL);
• Diukur pada biaya diamortisasi; dan • Amortized cost; and
• Aset keuangan yang diukur pada nilai • Financial assets held at fair value
wajar melalui penghasilan through other comprehensive income
komprehensif lain (FVTOCI). (FVTOCI).
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Page 520
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Aset keuangan diklasifikasikan menjadi Financial assets are classified into these
kategori tersebut di atas berdasarkan categories based on the business model
model bisnis dimana aset keuangan within which they are held, and their
tersebut dimiliki, dan karakteristik arus kas contractual cash flow characteristics. The
kontraktualnya. Model bisnis merefleksikan business model reflects how groups of
bagaimana kelompok aset keuangan financial assets are managed to achieve a
dikelola untuk mencapai tujuan bisnis particular business objective.
tertentu.
Aset keuangan hanya dapat dikategorikan Financial assets can only be held at
sebagai biaya perolehan diamortisasi jika amortized cost if the instruments are held
instrumen dimiliki dalam rangka in order to collect the contractual cash
mendapatkan arus kas kontraktual (“hold to flows (“hold to collect”), and where those
collect”), dan dimana arus kas kontraktual contractual cash flows are solely payments
tersebut semata dari pembayaran pokok of principal and interest (SPPI). Principal
dan bunga (SPPI). Pokok merupakan nilai represents the fair value of the instrument
wajar dari instrumen pada saat pengakuan at the time of initial recognition. Interest in
awal. Bunga dalam hal ini merupakan this context represents compensation for
kompensasi untuk nilai waktu uang dan the time value of money and associated
risiko kredit terkait beserta kompensasi credit risks together with compensation for
untuk risiko lain dan biaya yang konsisten other risks and costs consistent with a
dengan persyaratan dalam peminjaman basic lending arrangement and a profit
standar dan marjin laba. Kategori aset ini margin. This requires an assessment at
membutuhkan penilaian persyaratan initial recognition of the contractual terms
kontraktual pada saat pengakuan awal to determine whether it contains a term that
untuk menentukan apakah kontrak could change the timing or amount of cash
mengandung persyaratan yang dapat flows in a way that is inconsistent with the
mengubah waktu atau jumlah dari arus kas SPPI criteria.
yang tidak konsisten dengan persyaratan
SPPI.
Dalam menilai apakah arus kas kontraktual In assessing whether the contractual cash
memiliki karakteristik SPPI, Grup flows have SPPI characteristics, the Group
mempertimbangkan persyaratan considers the contractual terms of the
kontraktual atas instrumen tersebut. Hal ini instrument. This includes assessing
termasuk dalam hal menilai apakah aset whether the financial asset contains a
keuangan mengandung ketentuan contractual term that could change the
kontraktual yang dapat mengubah waktu timing or amount of contractual cash flows
atau jumlah arus kas kontraktual such that it would not meet this condition.
sehingga tidak dapat memenuhi kondisi In making the assessment, the Group
SPPI. Dalam melakukan penilaian, Grup considers:
mempertimbangkan:
• Kejadian kontinjensi yang akan • Contingent events that would change
mengubah jumlah dan waktu arus kas; the amount and timing of cash flows;
• Fitur leverage; dan • Leverage features; and
• Persyaratan pelunasan dipercepat • Prepayment and extension terms.
atau perpanjangan fasilitas.
Aset dapat dijual dari portofolio hold to Assets may be sold out of hold to collect
collect ketika terdapat peningkatan risiko portfolios where there is an increase in
kredit. Penghentian untuk alasan lain credit risk. Disposals for other reasons are
diperbolehkan namun jumlah penjualan permitted but such sales should be
tersebut harus tidak signifikan jumlahnya insignificant in value or infrequent in
atau tidak sering. nature.
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Page 521
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(i) Klasifikasi (lanjutan) (i) Classification (continued)
Aset keuangan berupa instrumen utang Financial asset debt instruments where the
dimana tujuan model bisnis dicapai dengan business model objectives are achieved by
mendapatkan arus kas kontraktual dan collecting the contractual cash flows and by
menjual aset (“hold to collect and sell”) dan selling the assets (“hold to collect and sell”)
memiliki arus kas SPPI, diklasifikasikan and that have SPPI cash flows are held at
sebagai FVTOCI, dengan laba rugi yang FVTOCI, with unrealized gains or losses
belum direalisasi ditangguhkan di deferred in other comprehensive income
pendapatan komprehensif lain sampai aset until the asset is derecognized.
tersebut diberhentikan.
Seluruh aset keuangan lainnya akan All other financial assets will mandatorily be
dipersyaratkan diklasifikasikan sebagai held at FVTPL. Financial assets may be
FVTPL. Aset keuangan dapat ditetapkan designated at FVTPL only if doing so
sebagai FVTPL hanya jika ini dapat eliminates or reduces an accounting
mengeliminasi atau mengurangi mismatch.
accounting mismatch.
Manajemen menentukan klasifikasi aset Management determines the classification
keuangan dan liabilitas keuangan pada of its financial assets and liabilities at initial
saat pengakuan awal. recognition.
(ii) Pengukuran awal (ii) Initial recognition
a. Pembelian atau penjualan aset a. Purchases or sales of financial assets
keuangan yang memerlukan that require delivery of assets within a
penyerahan aset dalam kurun waktu time frame established by regulation
yang telah ditetapkan oleh peraturan or convention in the market place
dan kebiasaan yang berlaku di pasar (regular way purchases) are
(pembelian secara reguler) diakui pada recognized on the settlement date,
tanggal penyelesaian, seperti tanggal i.e., the date that the companies
perusahaan berkomitmen untuk commit to purchase or sell the assets.
membeli atau menjual aset.
b. Aset keuangan dan liabilitas keuangan b. Financial assets and liabilities are
pada awalnya diukur pada nilai initially recognized at fair value. For
wajarnya. Dalam hal aset keuangan those financial assets and liabilities not
atau liabilitas keuangan tidak diukur measured at fair value through profit
pada nilai wajar melalui laporan laba and loss plus directly attributable
rugi, nilai wajar tersebut ditambah transaction costs. The subsequent
biaya transaksi yang dapat measurement of financial assets and
diatribusikan secara langsung. liabilities depends on their
Pengukuran aset keuangan dan classification.
liabilitas keuangan setelah pengakuan
awal tergantung pada klasifikasinya.
Biaya transaksi hanya meliputi biaya-biaya Transaction costs only include costs that
yang dapat diatribusikan secara langsung are directly attributable to the acquisition of
untuk perolehan suatu aset keuangan atau a financial asset or issuance of a financial
penerbitan suatu liabilitas keuangan dan liability and an additional charge that would
merupakan biaya tambahan yang tidak akan not occur if the instrument is not acquired
terjadi apabila instrumen keuangan tersebut or issued. For financial assets, transaction
tidak diperoleh atau diterbitkan. Untuk aset costs are added to the amount recognized
keuangan, biaya transaksi ditambahkan in the initial recognition of the asset, while
pada jumlah yang diakui pada awal for financial liabilities, transaction costs are
pengakuan aset, sedangkan untuk liabilitas deducted from the amount of debt
keuangan, biaya transaksi dikurangkan dari recognized on initial recognition of a
- 36 -
Page 522
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(ii) Pengukuran awal (lanjutan) (ii) Initial recognition (continued)
jumlah utang yang diakui pada pengakuan liability. The transaction costs are
awal liabilitas. Biaya transaksi tersebut amortized over the terms of the instrument
diamortisasi selama umur instrumen based on the effective interest rate method
berdasarkan metode suku bunga efektif dan and recorded as part of interest income for
dicatat sebagai bagian dari pendapatan transaction costs related to the financial
bunga untuk biaya transaksi sehubungan asset or as part of interest expense for
dengan aset keuangan atau sebagai bagian transaction costs related to financial
dari beban bunga untuk biaya transaksi liabilities.
sehubungan dengan liabilitas keuangan.
Grup, pada pengakuan awal, dapat The Group, upon initial recognition, may
menetapkan aset keuangan dan liabilitas designate certain financial assets and
keuangan tertentu sebagai nilai wajar liabilities, at fair value through profit or loss
melalui laba rugi (opsi nilai wajar). Opsi nilai (fair value option). The fair value option is
wajar dapat digunakan hanya bila only applied when the following conditions
memenuhi ketetapan sebagai berikut: are met:
• penetapan sebagai opsi nilai wajar • the application of the fair value option
mengurangi atau mengeliminasi ketidak- reduces or eliminates an accounting
konsistenan pengukuran dan pengakuan mismatch that would otherwise arise; or
(accounting mismatch) yang dapat
timbul; atau
• aset keuangan dan liabilitas keuangan • the financial assets and liabilities are
merupakan bagian dari portofolio part of a portfolio of financial
instrumen keuangan yang risikonya instruments, the risks of which are
dikelola dan dilaporkan kepada managed and reported to key
manajemen kunci berdasarkan nilai management on a fair value basis; or
wajar; atau
• aset keuangan dan liabilitas keuangan • • the financial assets and liabilities
terdiri dari kontrak utama dan derivatif consist of a host contract and an
melekat yang harus dipisahkan, tetapi embedded derivative that must be
tidak dapat mengukur derivatif melekat bifurcated, but unable to measure the
secara terpisah. embedded derivative separately.
(iii) Pengukuran setelah pengakuan awal (iii) Subsequent measurement
a. Aset keuangan dan liabilitas keuangan a. Fair value through other comprehensive
dalam kelompok nilai wajar melalui income financial assets and financial
penghasilan komprehensif lain yang liabilities measured at fair value through
diukur pada nilai wajar melalui laporan profit or loss are subsequently
laba rugi diukur pada nilai wajarnya. measured at fair value.
b. Aset keuangan dan liabilitas keuangan c. b. Financial assets and other financial
lainnya yang diukur pada biaya liabilities which are measured at
perolehan diamortisasi, diukur pada amortised cost, are measured at
biaya perolehan diamortisasi dengan amortised cost using the effective
menggunakan metode suku bunga interest method.
efektif.
(iv) Penghentian pengakuan (iv) Derecognition
a. Aset keuangan dihentikan a. a. Financial assets are derecognized when:
pengakuannya jika:
- Hak kontraktual atas arus kas yang - The contractual rights to receive
berasal dari aset keuangan tersebut cashflows from the financial assets
berakhir; atau have expired; or
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Page 523
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(iv) Penghentian pengakuan (lanjutan) (iv) Derecognition (continued)
a. Aset keuangan dihentikan b. a. Financial assets are derecognized
pengakuannya jika: (lanjutan) when: (continued)
- Grup mentransfer hak untuk - - The Group has transferred its rights
menerima arus kas yang berasal to receive cash flows from the
dari aset keuangan atau financial assets or has assumed an
menanggung liabilitas untuk obligation to pay the received cash
membayarkan arus kas yang flows in full without material delay to
diterima tersebut secara penuh a third party under a pass through
tanpa penundaan berarti kepada arrangement; and
pihak ketiga di bawah
kesepakatan pelepasan (pass
through arrangement); dan
- antara (a) Grup telah mentransfer - either (a) the Group has transferred
secara substansial seluruh risiko dan substantially all the risks and
manfaat atas aset, atau rewards of the asset, or
- (b) Grup tidak mentransfer maupun - (b) the Group has neither transferred
tidak memiliki secara substansial nor retained substantially all the risks
seluruh risiko dan manfaat atas aset, and rewards of the asset, but has
namun telah mentransfer kendali transferred control of the asset.
atas aset.
Ketika Grup telah mentransfer hak When the Group has transferred its
untuk menerima arus kas dari aset rights to receive cash flows from an
atau di bawah kesepakatan pelepasan asset or has entered into a pass-through
(pass-through arrangement), dan arrangement, and has neither transferred
tidak mentransfer serta tidak nor retained substantially all risks and
mempertahankan secara substansial rewards of the asset nor transferred
seluruh risiko dan manfaat atas aset control of the asset, the asset is
dan masih memiliki pengendalian atas recognized to the extent of the Group’s
aset, aset diakui sebesar keterlibatan continuing involvement in the asset.
Grup yang berkelanjutan atas aset
tersebut.
Kredit yang diberikan atau aset Loans or other financial assets are
keuangan lain dihapusbukukan ketika written off when there is no realistic
tidak terdapat prospek yang realistis prospect of collection in the near future
mengenai pengembalian kredit dalam or the normal relationship with the
waktu dekat atau hubungan normal borrowers has ceased to exist. When a
dengan debitur telah berakhir. Kredit loan is deemed uncollectible, it is written
yang tidak dapat dilunasi off against the related allowance for
dihapusbukukan dengan mendebit impairment losses.
cadangan kerugian penurunan nilai.
b. Liabilitas keuangan dihentikan b. Financial liabilities are derecognized
pengakuannya jika liabilitas keuangan when they are extinguished, i.e. liabilities
tersebut berakhir, yaitu ketika liabilitas stated in the contract are released or
yang ditetapkan dalam kontrak cancelled or have expired.
dilepaskan atau dibatalkan atau
kedaluwarsa.
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Page 524
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(iv) Penghentian pengakuan (lanjutan) (iv) Derecognition (continued)
Jika suatu liabilitas keuangan yang Where an existing financial liability is
ada digantikan dengan yang lain oleh replaced by another from the same
pemberi pinjaman yang sama pada lender on substantially different terms, or
keadaan yang secara substansial the terms of an existing liability are
berbeda, atau berdasarkan suatu substantially modified, such an exchange
liabilitas yang ada yang secara or modification is treated as
substansial telah diubah, seperti derecognition of the original liability and
pertukaran atau modifikasi yang the recognition of a new liability, and the
diperlakukan sebagai penghentian difference in the respective carrying
pengakuan liabilitas awal dan amounts is recognized in the
pengakuan liabilitas baru, dan consolidated statement of profit and loss
perbedaan nilai tercatat masing- and other comprehensive income.
masing diakui dalam laporan laba rugi
dan penghasilan komprehensif lain
konsolidasian.
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
a. Pendapatan dan beban bunga atas a. a. Interest income and expense on
aset keuangan yang diukur pada financial assets measured at fair value
nilai wajar melalui penghasilan through other comprehensive income as
komprehensif lain serta aset keuangan well as financial assets and financial
dan liabilitas keuangan yang liabilities recorded at amortized cost are
dicatat berdasarkan biaya perolehan recognized in the consolidated
diamortisasi, diakui pada laporan laba statement of profit or loss using the
rugi konsolidasi dengan menggunakan effective interest method.
metode suku bunga efektif.
Jumlah tercatat bruto aset keuangan The gross carrying amount of a financial
adalah biaya perolehan diamortisasi asset is the amortized cost of a financial
aset keuangan sebelum disesuaikan asset before adjusting for allowance for
dengan cadangan penurunan nilai. impairment.
Dalam menghitung pendapatan dan In calculating interest income and
beban bunga, tingkat bunga efektif expenses, the effective interest rate is
diterapkan pada jumlah tercatat bruto applied to the gross carrying amount of
aset (ketika aset tersebut bukan aset an asset (when the asset is not a
keuangan memburuk) atau terhadap deteriorated financial asset) or to the
biaya perolehan diamortisasi dari amortized cost of a liability.
liabilitas.
Untuk aset keuangan yang telah For financial assets that have
memburuk pada saat pengakuan awal, deteriorated at initial recognition,
pendapatan bunga dihitung dengan interest income is calculated by
menerapkan tingkat bunga efektif applying the effective interest rate to the
terhadap biaya perolehan diamortisasi amortized cost of the financial assets. If
dari aset keuangan tersebut. Jika aset the asset no longer deteriorates, the
tersebut tidak lagi memburuk, maka calculation of interest income will still be
perhitungan pendapatan bunga akan calculated by applying the effective
tetap dihitung dengan menerapkan interest rate to the amortized cost of the
tingkat bunga efektif terhadap biaya financial asset.
perolehan diamortisasi dari aset
keuangan tersebut.
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PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(v) Pengakuan pendapatan dan beban (v) Income and expense recognition
(lanjutan) (continued)
a. Untuk aset keuangan yang memburuk a. For financial assets that deteriorated
setelah pengakuan awal, pendapatan after initial recognition, interest income
bunga dihitung dengan menerapkan is calculated by applying an effective
tingkat bunga efektif terhadap biaya interest rate to the amortized cost of
perolehan diamortisasi dari aset the financial assets. If the asset no
keuangan tersebut. Jika aset tersebut longer deteriorates, the calculation of
tidak lagi memburuk, maka perhitungan interest income will be calculated by
pendapatan bunga akan dihitung applying an effective interest rate to
dengan menerapkan tingkat bunga the gross carrying amount of the
efektif terhadap nilai tercatat bruto dari financial asset.
aset keuangan tersebut.
b. Keuntungan dan kerugian yang timbul c. b. Gains and losses arising from
dari perubahan nilai wajar atas aset changes in fair value of financial
keuangan yang diklasifikasikan dalam assets measured at fair value through
kelompok diukur pada nilai wajar other comprehensive income are
melalui penghasilan komprehensif lain recognized directly in the statement of
diakui secara langsung dalam comprehensive income (as part of
laporan laba rugi komprehensif equity) until the financial assets are
(merupakan bagian dari ekuitas) sampai derecognized or impaired, except for
aset keuangan tersebut dihentikan the gain or loss resulting from the
pengakuannya atau adanya penurun change in exchange rates for debt
nilai, kecuali keuntungan atau kerugian instruments.
akibat perubahan nilai tukar untuk
instrumen utang.
Pada saat aset keuangan dihentikan When a financial asset is derecognized or
pengakuannya atau dilakukan penurunan impaired, the cumulative gains or losses
nilai, keuntungan atau kerugian kumulatif previously recognized in equity are
yang sebelumnya diakui dalam ekuitas recognized in profit or loss.
harus diakui pada laporan laba rugi.
(vi) Reklasifikasi aset keuangan (vi) Reclassification of financial assets
Grup mereklasifikasi aset keuangan jika The Group reclassifies financial assets if
dan hanya jika, model bisnis untuk and only if, the business model for
pengelolaan aset keuangan berubah. managing financial assets changes.
Reklasifikasi aset keuangan dari klasifikasi Reclassifications of financial assets from
biaya perolehan yang diamortisasi ke amortized cost classifications to fair value
klasifikasi nilai wajar melalui laba rugi through profit or loss are recorded at fair
dicatat sebesar nilai wajarnya. Selisih value. The difference between the recorded
antara nilai tercatat dengan nilai wajar value and fair value is recognized in profit or
diakui sebagai keuntungan atau kerugian loss on the statement of profit or loss and
pada laba rugi. other comprehensive income.
Reklasifikasi aset keuangan dari klasifikasi Reclassifications of financial assets from
biaya perolehan yang diamortisasi ke amortized cost classifications to fair value
klasifikasi nilai wajar melalui penghasilan classifications through other comprehensive
komprehensif lain dicatat sebesar nilai income are recorded at their fair values.
wajarnya.
Reklasifikasi aset keuangan dari Reclassification of financial assets from
klasifikasi nilai wajar melalui penghasilan fair value classification through other
komprehensif lain ke klasifikasi nilai wajar comprehensive income to fair value
melalui laba rugi dicatat pada nilai wajar. classification through profit or loss is
Keuntungan atau kerugian yang belum recorded at fair value. Unrealized gains or
direalisasi direklasifikasi ke laba rugi. losses are reclassified to profit or loss.
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Page 526
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(vi) Reklasifikasi aset keuangan (lanjutan) (vi) Reclassification of financial assets
(continued)
Reklasifikasi aset keuangan dari klasifikasi Reclassifications of financial assets from fair
nilai wajar melalui penghasilan value through other comprehensive income
komprehensif lain ke klasifikasi biaya to the amortized cost is recorded at fair
perolehan yang diamortisasi dicatat pada value at the date of reclassification.
nilai wajarnya pada tanggal reklasifikasi. Unrealized gain or losses are removed from
Keuntungan atau kerugian yang belum equity and are adjusted againts the fair
direalisasi dihapus dari ekuitas dan value.
disesuaikan terhadap nilai wajar.
Reklasifikasi aset keuangan dari klasifikasi Reclassifications of financial assets from fair
nilai wajar melalui laba rugi ke value through profit or loss to amortized cost
klasifikasi nilai wajar melalui penghasilan classification is recorded at fair value.
komprehensif lain dicatat pada wajar.
(vii) Saling hapus (vii) Offsetting
Aset keuangan dan liabilitas keuangan Financial assets and liabilities are offset
dilakukan saling hapus dan nilai bersihnya and the net amount is presented in the
disajikan dalam laporan posisi keuangan consolidated statement of financial position
konsolidasian jika, dan hanya jika, Grup when, and only when, the Group have a
memiliki hak yang berkekuatan hukum legal right to offset the amounts and intends
untuk melakukan saling hapus atas jumlah either to settle on a net basis or to realize
yang telah diakui tersebut dan adanya the asset and settle the liability
maksud untuk menyelesaikan secara neto simultaneously.
atau untuk merealisasikan aset dan
menyelesaikan liabilitasnya secara
simultan.
Hal yang berkekuatan hukum harus tidak The legal enforceable right must not be
kontinjen atas peristiwa di masa depan contingent on future events and must be
dan harus dapat dipaksakan di dalam enforceable in the normal course of
situasi bisnis yang normal, peristiwa business and in the event of default,
kegagalan atau kebangkrutan dari entitas insolvency or bankruptcy of the company
atas seluruh pihak lawan. or the counterparty.
Pendapatan dan beban disajikan dalam Income and expenses are presented on a
jumlah bersih hanya jika diperkenankan net basis only when permitted by the
oleh Standar Akuntansi Keuangan. Financial Accounting Standards.
(viii) Pengukuran biaya diamortisasi (viii) Amortized cost measurement
Biaya perolehan diamortisasi dari aset The amortized cost of a financial asset or
keuangan atau liabilitas keuangan adalah liability is the amount at which the financial
jumlah aset keuangan atau liabilitas asset or liability is measured at initial
keuangan yang diukur pada saat recognition, minus principal repayments,
pengakuan awal dikurangi pembayaran plus or minus the cummulative
pokok pinjaman, ditambah atau dikurangi amortization using the effective interest
amortisasi kumulatif menggunakan metode rate method of any difference between the
suku bunga efektif yang dihitung dari initial amount recognized and the maturity
selisih antara nilai pengakuan awal dan amount, minus any reduction for
nilai jatuh temponya, dan dikurangi impairment.
penurunan nilai.
Nilai wajar adalah harga yang akan Fair value is the price that would be
diterima untuk menjual suatu aset atau received to sell an asset or paid to transfer
harga yang akan dibayar untuk a liability in an orderly transaction between
mengalihkan suatu liabilitas dalam market participants at the measurement
transaksi teratur antara pelaku pasar pada date.
tanggal pengukuran.
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Page 527
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(viii) Pengukuran biaya diamortisasi (lanjutan) (viii) Amortized cost measurement (continued)
Pengukuran nilai wajar mengasumsikan The fair value measurement is based on
bahwa transaksi untuk menjual aset atau the presumption that the transaction to
mengalihkan liabilitas terjadi: sell an asset or paid to transfer a liability
takes place either:
• di pasar utama untuk aset dan • • in the principal market for the assets
liabilitas tersebut; atau and liabilities; or
• jika tidak terdapat pasar utama, • • in the absence of a principal market, in
dipasar yang paling menguntungkan the most advantageous market for the
untuk aset atau liabilitas tersebut. asset or liability.
(ix) Pengukuran nilai wajar (ix) Fair value measurement
Nilai wajar suatu aset atau liabilitas diukur The fair value of an asset or a liability is
menggunakan asumsi yang akan measured using the assumptions that
digunakan pelaku pasar ketika market participants would use when
menentukan harga aset dan liabilitas determining the price of the asset and
tersebut dengan asumsi bahwa pelaku liability assuming that market participants
pasar bertindak dalam kepentingan act in their own economic best interest.
ekonomi terbaiknya.
Nilai wajar atas pinjaman yang diberikan The fair value for loans and receivables as
dan piutang, serta liabilitas kepada bank well as liabilities to banks and customers
dan nasabah ditentukan menggunakan are determined using a present value
nilai berdasarkan arus kas kontraktual, model on the basis of contractually agreed
dengan mempertimbangkan kualitas kredit, cash flows, taking into account credit
likuiditas dan biaya. quality, liquidity and costs.
Semua aset dan liabilitas dimana nilai All assets and liabilities for which fair value
wajar diukur atau diungkapkan dalam is measured or disclosed in the
laporan keuangan konsolidasian dapat consolidated financial statements are
dikategorikan pada level hierarki nilai classified within fair value hierarchy, based
wajar, berdasarkan tingkatan input on the lowest level input that is significant
terendah yang signifikan atas pengukuran to the fair value measurement as a whole:
nilai wajar secara keseluruhan:
• Level 1: harga kuotasian (tanpa • Level 1: quoted (unadjusted) market
penyesuaian) di pasar aktif untuk aset prices in active markets for identical
atau liabilitas yang identik yang dapat assets or liabilities accessible at the
diakses pada tanggal pengukuran. measurement date.
• Level 2: input selain harga kuotasian • • Level 2: inputs other than quoted prices
yang termasuk dalam level 1 yang included in level 1 for the asset and
dapat diobservasi untuk aset dan liability, which is directly or indirectly
liabilitas, baik secara langsung atau observable.
tidak langsung.
• Level 3: input yang tidak dapat • • Level 3: unobservable inputs for the
diobservasi untuk aset dan liabilitas. asset and liability.
Metode dan asumsi signifikan yang The methods and significant assumptions
digunakan untuk menentukan nilai wajar used to determine the fair value of financial
dari instrumen keuangan adalah sebagai instruments are as follows: (i) where
berikut: (i) jika tersedia, Grup mengukur available, the Group measures the fair
nilai wajar instrumen keuangan dengan value of financial instruments using quoted
menggunakan harga kuotasi di pasar aktif prices in an active market for that
untuk instrumen tersebut, atau (ii) jika instrument, or (ii) if the market is for a
pasar untuk suatu instrumen keuangan financial instrument is inactive, the Group
tidak aktif, Grup menentukan nilai wajar determines fair value using valuation model
dengan menggunakan model penilaian that most appropriately reflects the nature,
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Page 528
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(ix) Pengukuran nilai wajar (ix) Fair value measurement
yang paling tepat mencerminkan sifat, characteristics and risks of each financial
karakteristik dan risiko dari masing- instrument. In addition, when using quoted
masing instrumen keuangan. Selain itu, prices obtained from third parties, the
ketika menggunakan harga kuotasian Group verifies whether the prices are valid
yang diperoleh dari pihak ketiga, Grup using appropriate methods, such as
memverifikasi apakah harga tersebut valid confirming the valuation techniques and
dengan menggunakan metode yang inputs used and comparing them with the
tepat, seperti konfirmasi teknik penilaian fair value of similar financial instruments.
dan input yang digunakan dan
membandingkannya dengan nilai wajar
instrumen keuangan serupa.
Untuk aset dan liabilitas yang diakui pada For assets and liabilities that are recognized
laporan keuangan konsolidasian secara in the consolidated financial statements
berulang, Grup menentukan apakah on a recurring basis, Group determine
terjadi transfer antara level di dalam whether transfers have occured between
hierarki dengan cara mengevaluasi levels in the hierarchy by re-assessing
kategori (berdasarkan input level terendah categorisation (based on the lowest level
yang signifikan dalam pengukuran nilai input that is significant to the fair value
wajar) setiap akhir periode pelaporan. measurement as a whole) at the end of
each reporting period.
(x) Investasi pada sukuk (x)
(xi) Investment in sukuk
Grup menerapkan PSAK 110 (Revisi The Group has applied SFAS 110 (Revised
2020) “Akuntansi Sukuk”. PSAK 110 2020) “Accounting for Sukuk”. SFAS 110
ini mengatur mengenai pengakuan, establishes the recognition, measurement,
pengukuran, penyajian, dan presentation, and disclosures of sukuk
pengungkapan transaksi sukuk Ijarah dan Ijarah and sukuk mudharabah transactions.
sukuk mudharabah.
Pengakuan dan Pengukuran Recognition and Measurement
Sebelum pengakuan awal, Grup Before the initial recognition, the Group
menentukan klasifikasi investasi pada determine the classification of investment in
sukuk berdasarkan tujuan investasi Grup. sukuk based on the purpose of the Groups’
Klasifikasi dalam investasi pada sukuk investment. The classification of investment
terdiri dari: in sukuk comprises of:
- Biaya perolehan - Acquisition cost
Apabila investasi tersebut dimiliki dalam If the investment is held within a business
suatu model usaha yang bertujuan entity that aims to acquire assets in order
utama untuk memperoleh arus kas to collect contractual cash flows and there
kontraktual dan terdapat persyaratan is a contractual requirement to determine
kontraktual dalam menentukan tanggal the specific date of principal payments
tertentu pembayaran pokok dan/atau and/or the result.
hasilnya.
Pada saat pengukuran awal, investasi At the initial measurement, the investment
dicatat sebesar biaya perolehan dan is recorded at acquisition cost which
biaya perolehan ini termasuk biaya includes the transaction cost. After the
transaksi. Setelah pengakuan awal, initial recognition, the investment in sukuk
investasi pada sukuk ini diukur pada is measured at amortised cost. The
nilai perolehan yang diamortisasi. difference between acquisition cost and
Selisih antara biaya perolehan dan nilai nominal value is amortized using straight
nominal diamortisasi secara garis lurus line method during the term of the sukuk
selama jangka waktu instrumen sukuk. instrument.
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Page 529
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(x) Investasi pada sukuk (lanjutan) (x)
(xii)Investment in sukuk (continued)
- Nilai wajar melalui laba rugi - - Fair value through profit or loss
Pada saat pengakuan awal, investasi At the initial recognition, the investment in
pada sukuk dalam klasifikasi ini dicatat sukuk is presented at acquisition cost
sebesar harga perolehan, namun harga which does not include transaction cost.
perolehan tersebut tidak termasuk biaya
transaksi.
Setelah pengakuan awal, investasi diakui After initial recognition, the investment is
pada nilai wajar. Selisih antara nilai wajar recognized at fair value. The difference
dan jumlah tercatat diakui dalam laba between fair value and recorded amount
rugi. is recognized in profit or loss.
- Nilai wajar melalui penghasilan - Fair value through other comprehensive
komprehensif lain income
Pada saat pengakuan awal, investasi At the initial recognition, the investment in
pada sukuk dalam klasifikasi ini dicatat sukuk is presented at acquisition cost which
sebesar harga perolehan dan biaya includes transaction cost.
perolehan ini termasuk biaya transaksi.
•
Setelah pengakuan awal, investasi diakui • After initial recognition, the investment is
pada nilai wajar. Selisih antara nilai wajar recognized at fair value. The difference
dan jumlah tercatat diakui dalam between fair value and recorded amount is
penghasilan komprehensif lain. Selisih recognized in other comprehensive income.
antara biaya perolehan dan nilai nominal The difference between acquisition cost
diamortisasi secara garis lurus selama and nominal value is amortized using
jangka waktu instrumen sukuk dan diakui straight line method during the term of the
dalam laba rugi. sukuk instrument and recognized in profit or
loss.
•
Nilai wajar investasi ditentukan dengan • Fair value on investment is determined
mengacu pada hierarki sebagai berikut: according to following hierarchy:
•
i. harga kuotasi (tanpa penyesuaian) di • i. quoted price (excluding any adjustment)
pasar aktif, atau in active market, or
ii. input selain harga kuotasi yang iii. ii. other input other than quoted price
termasuk dalam huruf (i). included in (i).
•
Untuk investasi pada sukuk yang • For investment in sukuk classified as at
diklasifikasikan sebagai diukur pada biaya acquistion cost and at fair value through
perolehan dan nilai wajar melalui other comprehensive income, if there is an
penghasilan komprehensif lain, jika indication of impairment, the Group
terdapat indikasi penurunan nilai, maka measures the recoverable amount. If the
Grup mengukur jumlah terpulihkannya. Jika recoverable amount is less than recorded
jumlah terpulihkan lebih kecil daripada amount, the Group recognize the
jumlah tercatat, maka Grup mengakui impairment losses. Recoverable amount
rugi penurunan nilai. Jumlah terpulihkan represents the amount which will be
merupakan jumlah yang akan diperoleh recoverable from the principal repayment
dari pengembalian pokok tanpa regardless of its present value.
memperhitungkan nilai kininya.
Penyajian Presentation
Pendapatan investasi dan beban amortisasi • Investment income and amortization
disajikan secara neto dalam laba rugi. expense are presented in net amount in
the profit or loss.
b.
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Page 530
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
(x) Investasi pada sukuk (lanjutan) (x)
(x) Investment in sukuk (continued)
Reklasifikasi • Reclassification
Grup tidak dapat mengubah klasifikasi • The Group cannot change investment
investasi, kecuali terdapat perubahan classification unless there is a change in
tujuan model usaha. Model usaha yang the business model purpose. Business
bertujuan untuk memperoleh arus kas model that is intended to collect
kontraktual didasarkan pada tujuan contractual cash flow is based on the
investasi yang ditentukan oleh Grup. Arus investment purpose set by the Group.
kas kontraktual yang dimaksud adalah arus The underlying contractual cash flow is
kas bagi hasil dan pokok dari sukuk the cash flow from revenue sharing and
mudharabah atau arus kas imbalan (ujrah) principal of sukuk mudharabah or benefit
dari sukuk Ijarah. Setelah pengakuan awal, cash flow (ujrah) from sukuk Ijarah. After
jika aktual berbeda dengan tujuan investasi initial recognition, if the actual differs
yang telah ditetapkan, maka Grup from the investment purpose initially set
menelaah kembali konsistensi tujuan by the Group, then the Group reconsider
investasinya. the consequences of the revised
investment purpose.
e. Kas dan setara kas e. Cash and cash equivalents
Untuk tujuan penyajian laporan arus kas For consolidated statement of cash flows
konsolidasian, kas dan setara kas terdiri atas presentation purposes, cash and cash
kas, giro pada Bank Indonesia, giro pada Bank equivalents consists of cash, current accounts
lain, dan penempatan pada Bank Indonesia dan with Bank Indonesia, current accounts with
Bank lain yang jatuh tempo dalam 3 (tiga) bulan other Banks, and placements with Bank
atau kurang sejak tanggal perolehan yang tidak Indonesia and other Banks with original
dijaminkan atau dibatasi penggunaannya. maturities of 3 (three) months or less from the
acquisition date, which are not pledged as
collateral or restricted for use.
f. Giro pada Bank Indonesia dan bank lain f. Current accounts with Bank Indonesia and
other banks
Giro pada Bank Indonesia dan bank lain pada Current accounts with Bank Indonesia and
pengakuan awal diukur pada nilai wajar other banks are initially measured at fair value
ditambah biaya transaksi yang dapat plus directly attributable transaction costs, if
diatribusikan secara langsung, jika ada, dan any, and subsequently measured at their
selanjutnya diukur sebesar biaya perolehan amortized cost using effective interest rate
diamortisasi dengan menggunakan metode method. The allowance for impairment losses is
suku bunga efektif. Cadangan kerugian provided if there is an objective evidence of
penurunan nilai dibentuk jika terdapat bukti impairment (Note 2o).
objektif penurunan nilai (Catatan 2o).
g. Penempatan pada Bank Indonesia dan bank g. Placements with Bank Indonesia and other
lain banks
Penempatan pada Bank Indonesia dan Bank Placements with Bank Indonesia and other
lain pada pengakuan awal diukur pada nilai Banks are initially measured at fair value plus
wajar ditambah biaya transaksi yang dapat directly attributable transaction costs, if any,
diatribusikan secara langsung, jika ada, dan and subsequently measured at their amortized
selanjutnya diukur sebesar biaya perolehan cost using the effective interest rate method.
diamortisasi dengan menggunakan metode The allowance for impairment losses is
suku bunga efektif. Cadangan kerugian provided if there is an objective evidence of
penurunan nilai dibentuk jika terdapat bukti impairment (Note 2o).
objektif penurunan nilai (Catatan 2o).
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Page 531
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
h. Surat-surat berharga h. Marketable securities
Surat-surat berharga terdiri dari Sertifikat Bank Marketable securities consist of Bank Indonesia
Indonesia (SBI), wesel ekspor, obligasi Certificates (SBI), export bills, government
pemerintah, obligasi korporasi, dan efek utang bonds, corporate bonds, and other debt
Iainnya. marketable securities.
Surat berharga syariah diklasifikasikan sebagai Sharia marketable securities are classified as
diukur pada biaya perolehan yang diamortisasi. measured at amortised cost.
Surat berharga pada awalnya disajikan sebesar Marketable securities are initially measured at
nilai wajar. Setelah pengakuan awal, surat fair value. Subsequently, marketable securities
berharga dicatat sesuai kategorinya, yaitu nilai are accounted for depending on their
wajar melalui laba rugi, pada biaya perolehan classification as fair value through profit or loss,
diamortisasi dan nilai wajar melalui penghasilan measured at amortised cost and fair value
komprehensif lain. through other comprehensive income.
Pengukuran surat-surat berharga dinyatakan Measurement of securities is stated based on
berdasarkan klasifikasinya sebagai berikut: the classification of the securities as follows:
1. Surat-surat berharga diukur pada nilai 1. Marketable securities measured at
perolehan dicatat pada biaya perolehan amortised cost are carried at amortized
yang diamortisasi menggunakan metode cost using the effective interest rate
suku bunga efektif. method.
Aset dapat dijual dari portofolio diukur pada Assets may be sold out of amortized cost
nilai perolehan ketika terdapat peningkatan portfolios when there is an increase in
risiko kredit. Penghentian untuk alasan lain credit risk. Disposals for other reasons are
diperbolehkan namun jumlah penjualan permitted but such sales should be
tersebut harus tidak signifikan jumlahnya insignificant in value or infrequent in
atau tidak sering. nature.
2. Surat-surat berharga yang diklasifikasikan 3. 2. Marketable securities which are classified
sebagai dinilai pada nilai wajar melalui under fair value through other
penghasilan komprehensif lain dinyatakan comprehensive income investments are
pada nilai wajar. Pendapatan bunga stated at fair value. Interest income is
diakui dalam laporan laba rugi recognized in the consolidated statement
dan penghasilan komprehensif lain of profit or loss and other comprehensive
konsolidasian menggunakan metode suku income using the effective interest method.
bunga efektif. Laba atau rugi selisih kurs Foreign exchange gains or losses on
atas surat-surat berharga diakui pada securities are recognized in the
laporan laba rugi dan penghasilan consolidated statement of profit or loss and
komprehensif lain konsolidasian. other comprehensive income.
Perubahan nilai wajar lainnya diakui Other fair value changes are recognized
langsung dalam ekuitas sampai surat- directly in equity until the securities is sold
surat berharga dijual atau mengalami or impaired, whereby the cumulative gains
penurunan nilai, dimana akumulasi and losses previously recognized in the
keuntungan dan kerugian yang equity are recognized in the consolidated
sebelumnya diakui dalam ekuitas diakui statement of profit or loss and other
dalam laporan laba rugi dan penghasilan comprehensive income.
komprehensif lain konsolidasian.
- 46 -
Page 532
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
h. Surat-surat berharga (lanjutan) h. Marketable securities (continued)
3. Surat-surat berharga dalam kategori nilai 4. 3. Fair value through profit or loss marketable
wajar melalui laba rugi dinyatakan pada securities are carried at fair value.
nilai wajar.
Keuntungan atau kerugian yang belum Unrealized gains or losses resulting from
direalisasi akibat kenaikan atau penurunan changes in fair values are recognized in
nilai wajarnya disajikan dalam laporan laba the current year consolidated statement of
rugi dan penghasilan komprehensif lain profit or loss and other comprehensive
konsolidasian tahun berjalan. Pendapatan income. The interest income from
bunga dari surat-surat berharga dicatat marketable securities is recorded in the
dalam laporan laba rugi dan penghasilan consolidated statement of profit or loss and
komprehensif lain konsolidasian sesuai other comprehensive income according to
dengan persyaratan dalam kontrak. the terms of the contract.
i. Surat-surat berharga yang dibeli dengan i. Marketable securities purchased with
janji dijual kembali dan surat-surat berharga agreements to resell and marketable
yang dijual dengan janji dibeli kembali securities sold with agreements to
repurchase
Surat-surat berharga yang dibeli dengan janji Securities purchased under agreements to
dijual kembali (reverse repo) diakui sebesar resell (reverse repo) are recognized as a repo
harga jual kembali surat berharga yang receivable in the amount of the resale price of
bersangkutan dikurangi pendapatan bunga the related securities, less unamortized interest.
yang belum diamortisasi. Selisih antara harga The difference between purchase price and the
beli dengan harga jual diperlakukan sebagai selling price is treated as unamortized interest
pendapatan bunga yang belum diamortisasi and is recognized as interest income in
dan diakui sebagai pendapatan bunga sesuai accordance with the period since the securities
dengan jangka waktu surat berharga dibeli are purchased until they are resold by using
hingga dijual kembali dengan menggunakan effective interest rate (EIR) method. The
metode suku bunga efektif (EIR). Surat securities received are not recorded as assets
berharga yang dibeli tidak dibukukan sebagai on the consolidated statements of financial
aset dalam laporan posisi keuangan position because the ownership of the securities
konsolidasian karena kepemilikan surat remains with the seller. The allowance for
berharga tetap berada pada pihak penjual. impairment losses is provided if there is an
Cadangan kerugian penurunan nilai dibentuk objective evidence of impairment (Note 2o).
jika terdapat bukti objektif penurunan nilai
(Catatan 2o).
Surat-surat berharga yang dibeli dengan janji Marketables securities purchased under
untuk dijual kembali diklasifikasikan sebagai agreements to resell are classified as amortized
biaya perolehan yang diamortisasi. cost.
Surat-surat berharga yang dijual dengan janji Securities sold under repurchase (repo)
dibeli kembali (repo) diakui sebesar harga agreements are recognized at the agreed
pembelian kembali yang disepakati dikurangi repurchase price less unamortized interest. The
beban bunga yang belum diamortisasi. Beban unamortized interest represents the difference
bunga yang belum diamortisasi merupakan between the selling price and the agreed
selisih antara harga jual dengan harga beli repurchase price and is recognized as interest
kembali yang disepakati dan diakui sebagai expense during the period from the sale of
beban bunga selama jangka waktu sejak surat securities to the date of repurchase by using
berharga dijual hingga dibeli kembali dengan Effective Interest Rate (EIR) method. The
menggunakan metode suku bunga efektif (EIR). securities sold are recorded as assets on the
Surat berharga yang dijual tetap dicatat sebagai consolidated statements of financial position
aset dalam laporan posisi keuangan because in substance the ownership of the
konsolidasian karena secara substansi securities remains with the Bank as the seller.
kepemilikan surat berharga tetap berada pada The allowance for impairment losses is
pihak Bank sebagai penjual. Cadangan provided if there is an objective evidence of
kerugian penurunan nilai dibentuk jika terdapat impairment (Note 2o).
bukti objektif penurunan nilai (Catatan 2o).
- 47 -
Page 533
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
i. Surat-surat berharga yang dibeli dengan i. Marketable securities purchased with
janji dijual kembali dan surat-surat berharga agreements to resell and marketable
yang dijual dengan janji dibeli kembali securities sold with agreements to
(lanjutan) repurchase (continued)
Surat-surat berharga yang dijual dengan janji Marketable securities sold under repurchased
dibeli kembali diklasifikasikan sebagai liabilitas agreement are classified as financial liabilities
keuangan yang diukur dengan biaya perolehan measured at amortised cost.
diamortisasi.
j. Instrumen derivatif j. Derivative instruments
Instrumen keuangan derivatif (termasuk Derivative financial instruments (including
transaksi mata uang asing untuk tujuan foreign currency transactions for funding and
pendanaan dan perdagangan) diakui sebesar trading) are recognized in the consolidated
nilai wajar pada laporan posisi keuangan statement of financial position at their fair value.
konsolidasian. Nilai wajar ditentukan Fair value is determined based on quoted
berdasarkan harga pasar, model penentuan prices, pricing models or quoted prices of other
harga atau harga pasar instrumen lain yang instruments with similar characteristics.
memiliki karakteristik serupa. Derivatif dicatat Derivatives are recorded as assets when the
sebagai aset apabila memiliki nilai wajar positif fair value is positive and liabilities when the fair
dan sebagai liabilitas apabila memiliki nilai value is negative.
wajar negatif.
Keuntungan atau kerugian yang terjadi dari Gain or loss as a result of fair value changes on
perubahan nilai wajar kontrak derivatif yang a derivative contract not designated as a
tidak ditujukan untuk lindung nilai (atau tidak hedging instrument (or derivative contract that
memenuhi kriteria untuk dapat diklasifikasikan does not qualify as a hedging instrument) is
sebagai lindung nilai) diakui dalam laba rugi recognized in the current year’s profit or loss.
tahun berjalan.
k. Kredit yang diberikan k. Loans
Kredit yang diberikan diukur pada biaya Loans are measured at amortised cost using
perolehan diamortisasi menggunakan metode the effective interest rate method, less
suku bunga efektif, dikurangi dengan cadangan allowance for impairment losses. Amortized
kerugian penurunan nilai. Biaya perolehan cost is calculated by taking into account any
diamortisasi dihitung dengan memperhitungkan discount or premium on acquisition and
diskonto atau premi pada saat akuisisi dan transaction costs that are an integral part of
biaya transaksi yang merupakan bagian tidak effective interest rate. The amortization is
terpisahkan dari suku bunga efektif. Amortisasi recognized in the profit or loss. Allowance for
diakui pada laba rugi. Cadangan kerugian impairment losses is provided if there is an
penurunan nilai dibentuk jika terdapat bukti objective evidence of impairment (Note 2o).
objektif penurunan nilai (Catatan 2o).
Kredit yang diberikan diklasifikasikan sebagai Loans are classified as amortized costs. Loans
diukur pada biaya perolehan diamortisasi. under syndication or channelling are stated at
Kredit yang diberikan dalam pinjaman sindikasi the principal amount equal to the risk portion
ataupun penerusan kredit dinyatakan sebesar assumed by the Group.
pokok kredit sesuai dengan porsi risiko yang
ditanggung oleh Grup.
Kredit sindikasi, kredit dalam rangka Syndicated, joint financing, and channeling
pembiayaan bersama, dan kredit penerusan loans are stated at the loan principal amount
dinyatakan sebesar pokok kredit sesuai dengan based on the risk participation by the Bank.
porsi risiko yang ditanggung oleh Bank.
- 48 -
Page 534
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
k. Kredit yang diberikan (lanjutan) k. Loans (continued)
Restrukturisasi kredit Loan restructuring
Setelah syarat dan ketentuan kredit After the terms of loans have been
direnegosiasi, penurunan nilai diukur dengan renegotiated, any impairment is measured
menggunakan suku bunga efektif awal yang using the original effective interest rate as
dihitung sebelum persyaratan dimodifikasi dan calculated before the modification of terms and
kredit tersebut tidak lagi dianggap “past due”. the loan is no longer considered “past due”.
Manajemen akan melakukan penelaahan ulang Management continuously reviews renegotiated
atas kredit yang direnegosiasi secara loans to ensure that all criteria are met and that
berkelanjutan untuk memastikan bahwa semua future payments are likely to occur. The loans
kriteria terpenuhi dan pembayaran di masa continue to be subject to an individual or
datang akan terjadi. Evaluasi penurunan nilai collective impairment assessment, following the
individual atau kolektif akan terus dilakukan impairment assessment of loans.
untuk kredit tersebut, mengikuti evaluasi
penurunan nilai atas kredit.
Kerugian dari restrukturisasi kredit dengan cara Loss on loan restructuring which involves a
konversi sebagian kredit yang diberikan conversion of loans into equity or other financial
menjadi saham atau instrumen keuangan instruments in partial satisfaction of loans, is
Iainnya, diakui hanya apabila nilai wajar recognized only if the fair value of the equity or
penyertaan saham atau instrumen keuangan financial instruments received, reduced by
yang diterima dikurangi estimasi beban untuk estimated expenses to sell the equity or other
menjualnya adalah kurang dari nilai tercatat financial instruments, is less than the carrying
kredit yang diberikan. value of the loan.
Kredit yang dihapusbuku Written-off loans
Kredit yang diberikan dihapusbukukan ketika Loans are written-off when there is no realistic
tidak terdapat prospek yang realistis mengenai prospect of collection or when the Group’s
pengembalian kredit atau hubungan normal normal relationship with the borrowers has
antara Grup dan debitur telah berakhir. Kredit ceased to exist. When loans are deemed
yang tidak dapat dilunasi dihapusbukukan uncollectible, they are written-off against the
dengan mendebet cadangan kerugian related allowance for impairment losses.
penurunan nilai. Penerimaan kembali atas Subsequent recoveries are credited to the
kredit yang telah dihapusbukukan sebelumnya allowance for impairment losses in the
dikreditkan ke cadangan kerugian penurunan consolidated statement of financial position.
nilai kredit pada laporan posisi keuangan
konsolidasian.
l. Pembiayaan/Piutang syariah l. Sharia financing/Receivables
Termasuk dalam pembiayaan/piutang syariah Sharia financing/receivables include
adalah pembiayaan mudharabah, pembiayaan mudharabah financing, musyarakah financing,
musyarakah, dan piutang syariah. and sharia receivables.
Entitas anak Bank menerapkan ISAK 101 The Bank’s subsidiary implements IFAS 101
(Revisi 2016) tentang “Penyajian Laporan (Revised 2016) regarding “Sharia Financial
Keuangan Syariah”, ISAK 102 (Amandemen Statements Presentation”, IFAS 102
2016) tentang “Akuntansi Murabahah”, ISAK (Amendment 2016) regarding “Murabahah
103 tentang “Akuntansi Salam”, ISAK 104 Accounting”, IFAS 103 regarding “Salam
(Amandemen 2016) tentang “Akuntansi Accounting”, IFAS 104 (Amendment 2016)
Istishna”, ISAK 105 tentang “Akuntansi regarding “Istishna Accounting”, IFAS 105
Mudharabah”, ISAK 106 tentang “Akuntansi regarding “Mudharabah Accounting”, IFAS 106
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Page 535
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
l. Pembiayaan/Piutang syariah (lanjutan) l. Sharia financing/Receivables (continued)
Musyarakah”, ISAK 107 (Amandemen 2016) regarding “Musyarakah Accounting”, IFAS 107
tentang “Akuntansi Ijarah”, ISAK 110 (Revisi (Amendment 2016) regarding “Ijarah
2015) tentang “Akuntansi Sukuk”, Pedoman Accounting”, IFAS 110 (Revised 2015)
Akuntansi Perbankan Syariah Indonesia “Accounting for Sukuk”, Accounting Guidelines
(PAPSI Revisi 2013) dan Standar Akuntansi for Indonesian Sharia Banking (PAPSI Revised
Keuangan lain yang ditetapkan Ikatan Akuntan 2013) and other statement of Financial
Indonesia yang berkaitan dengan pengakuan, Accounting Standards established by the
pengukuran, penyajian, dan pengungkapan Indonesia Institute of Accountants relating to
untuk topik tersebut. recognition, measurement, presentation, and
disclosure for those topics.
Pembiayaan mudharabah merupakan Mudharabah financing represents joint financing
pembiayaan kerjasama antara entitas anak between the Bank’s subsidiary as a fund owner
Bank sebagai pemilik dana dengan nasabah and customer as a business executor. Revenue
sebagai pelaksana usaha. Pembagian hasil sharing on the project or business is conducted
keuntungan dari proyek tersebut dilakukan in accordance with the agreed nisbah (pre-
sesuai dengan nisbah (pre-determined ratio) determined ratio). Mudharabah financing are
yang telah disepakati bersama. Pembiayaan stated at their outstanding balance net of
mudharabah dinyatakan sebesar saldo allowance for losses.
pembiayaan dikurangi dengan cadangan
kerugian.
Pembiayaan musyarakah adalah akad Musyarakah financing is an agreement between
kerjasama yang terjadi diantara para the investors (musyarakah partners) to have a
pemilik modal (mitra musyarakah) untuk joint venture in a partnership with profit or loss
menggabungkan modal dan melakukan usaha sharing based on an agreement or
secara bersama dalam suatu kemitraan dengan proportionate capital contribution. Musyarakah
nisbah pembagian hasil atau kerugian sesuai financing is stated at their outstanding balance
dengan kesepakatan atau secara proporsional net of allowance for losses.
sesuai kontribusi modal. Pembiayaan
musyarakah dinyatakan sebesar saldo
pembiayaan dikurangi dengan cadangan
kerugian.
Piutang syariah adalah tagihan yang timbul dari Sharia receivables resulted from transactions
transaksi berdasarkan akad-akad murabahah, based on murabahah, istishna, qardh, and
istishna, qardh, dan ijarah. ijarah.
Piutang murabahah merupakan akad jual beli Murabahah receivables represent sale and
antara nasabah dan entitas anak Bank. Entitas purchase agreements between the borrowers
anak Bank membiayai kebutuhan investasi and the Bank’s subsidiary. The borrowers’
nasabah yang dinilai dengan harga pokok investments are funded by the Bank’s
ditambah dengan keuntungan yang disepakati subsidiary valued at the main price increased
bersama. Pembayaran atas piutang ini with profit agreed by both parties. The financing
dilakukan dengan cara mengangsur dalam facilities are repaid in installments over a certain
jangka waktu yang ditentukan. Piutang period of time. Murabahah receivables are
murabahah dinyatakan sebesar saldo piutang stated at their outstanding balance, net of
dikurangi dengan pendapatan marjin yang deferred margin and allowance for losses.
ditangguhkan dan cadangan kerugian.
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Page 536
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
l. Pembiayaan/Piutang syariah (lanjutan) l. Sharia financing/Receivables (continued)
Istishna merupakan akad penjualan antara Istishna is a sales transaction between the
nasabah dan produsen yang bertindak sebagai customer and producer who acts as seller.
penjual. Berdasarkan akad tersebut, nasabah Based on the contract, the customer orders the
menugaskan produsen untuk membuat atau manufacturer to make or to supply goods
mengadakan barang sesuai dengan spesifikasi ordered to the specifications required by the
yang disyaratkan nasabah dan menjualnya customer and to sell to the customer at an
dengan harga yang disepakati. Entitas anak agreed price. The Bank’s subsidiary finances
Bank membiayai nasabah untuk membeli the customer to buy from the producer (seller).
barang dari produsen (penjual). Cara The payment method may be in advance,
pembayaran dapat berupa pembayaran di installment or deferred until a certain period.
muka, cicilan atau ditangguhkan sampai jangka Istishna receivables are presented based on the
waktu tertentu. Piutang istishna disajikan outstanding billing less allowance for losses.
sebesar tagihan termin kepada pembeli
dikurangi cadangan kerugian.
Qardh merupakan penyediaan dana atau Qardh is a fund supply or receivables which can
tagihan yang dapat dipersamakan dengan itu be equalized based on the approval or
berdasarkan persetujuan atau kesepakatan agreement between the customer and the
antara nasabah dan entitas anak Bank, dengan Bank’s subsidiary, with the requirement for
ketentuan wajib untuk melunasi setelah jangka repayment after a certain period. Qardh is
waktu tertentu. Pinjaman qardh diakui sebesar recognized at the amount of funds granted
jumlah dana yang dipinjamkan pada saat when incurred. The excess of qardh settlement
terjadinya. Kelebihan penerimaan dari pinjaman is recognized as income when incurred. Qardh
qardh yang dilunasi, diakui sebagai pendapatan is stated at its outstanding balance net of
pada saat terjadinya. Pinjaman qardh allowance for losses.
dinyatakan sebesar saldo pembiayaan
dikurangi dengan cadangan kerugian.
Pembiayaan Ijarah adalah akad sewa menyewa Ijarah financing is an agreement between the
antara pemilik obyek sewa dengan penyewa lessor and lessee to receive income on leased
untuk mendapatkan imbalan atas barang yang item. Ijarah financing is stated at their
disewakannya. Pembiayaan Ijarah dinyatakan outstanding balance net of allowance for losses.
sebesar saldo pembiayaan dikurangi dengan
cadangan kerugian.
m. Piutang pembiayaan konsumen dan piutang m. Consumer financing receivables and leases
sewa pembiayaan financing receivables
Piutang Pembiayaan Konsumen Consumer Financing Receivables
Piutang pembiayaan konsumen pada Consumer financing receivables are initially
pengakuan awal diukur pada nilai wajar measured at fair value plus directly attributable
ditambah biaya transaksi yang dapat transaction costs, if any, and subsequently
diatribusikan secara langsung, jika ada, dan measured at their amortized cost using the
selanjutnya diukur sebesar biaya perolehan effective interest rate method. Allowance for
diamortisasi dengan menggunakan metode impairment loss is provided if there is an
suku bunga efektif. Cadangan kerugian objective evidence of impairment (Note 2o).
penurunan nilai dibentuk jika terdapat bukti
objektif penurunan nilai (Catatan 2o).
Piutang pembiayaan konsumen entitas anak The subsidiary’s consumer financing
merupakan jumlah piutang setelah dikurangi receivables are presented net of unearned
dengan pendapatan pembiayaan konsumen consumer financing income and allowance for
yang belum diakui dan cadangan kerugian impairment losses.
penurunan nilai.
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Page 537
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
m. Piutang pembiayaan konsumen dan piutang m. Consumer financing receivables and leases
sewa pembiayaan (lanjutan) financing receivables (continued)
Piutang Pembiayaan Konsumen (lanjutan) Consumer Financing Receivables (continued)
Pendapatan pembiayaan konsumen yang Unearned consumer financing income is the
belum diakui merupakan selisih antara jumlah excess of the aggregate installment payments
keseluruhan pembayaran angsuran yang akan to be received from the consumer over the
diterima dari konsumen dengan jumlah principal amount financed. The unearned
pokok pembiayaan konsumen. Pendapatan consumer financing income is recognized as
pembiayaan konsumen yang belum diakui income over the term of the respective
dicatat sebagai pendapatan sesuai dengan agreement using effective interest rate method.
jangka waktu kontrak pembiayaan konsumen
berdasarkan metode suku bunga efektif.
Selisih neto antara pendapatan administrasi The net difference between the administration
yang diperoleh dari konsumen pada saat income earned from the consumer at the first
pertama kali perjanjian pembiayaan konsumen time the consumer financing agreement is
ditandatangani dan beban-beban yang timbul signed and the initial incremental costs directly
pertama kali yang terkait langsung dengan related to consumer financing facility is deferred
tagihan pembiayaan konsumen ditangguhkan and recognized as an adjustment to the yield
dan diakui sebagai penyesuaian atas imbal received throughout the consumer financing
hasil pembiayaan konsumen berdasarkan period using effective interest rate method and
metode suku bunga efektif dan disajikan presented as part of interest income in the
sebagai bagian dari pendapatan bunga pada current year’s profit or loss.
laba rugi tahun berjalan.
Pelunasan sebelum masa pembiayaan Termination before consumer financing period
konsumen berakhir diperlakukan sebagai end is treated as a cancellation of an existing
pembatalan kontrak pembiayaan konsumen contract and the resulting gain or loss is
dan keuntungan atau kerugian yang timbul recognized in the current year’s profit or loss.
diakui pada laba rugi tahun berjalan.
Piutang Sewa Pembiayaan Leases Financing Receivables
Penentuan apakah suatu perjanjian merupakan The determination of whether an arrangement
perjanjian sewa atau perjanjian yang is, or contains a lease is based on the
mengandung sewa didasarkan atas substansi substance of the arrangement at inception date
perjanjian pada tanggal awal sewa dan apakah and whether the fulfillment of the arrangement
pemenuhan perjanjian tergantung pada is dependent on the use of a specific asset and
penggunaan suatu aset dan perjanjian tersebut the arrangement conveys a right to use the
memberikan suatu hak untuk menggunakan asset. Leases are classified as finance leases if
aset tersebut. Suatu sewa diklasifikasikan the leases transfer substantially all the risks and
sebagai sewa pembiayaan jika sewa tersebut rewards incidental to ownership of the leased
mengalihkan secara substansial seluruh risiko assets. Leases are classified as operating
dan manfaat yang terkait dengan kepemilikan leases if the leases do not transfer substantially
aset. Suatu sewa diklasifikasikan sebagai sewa all the risks and rewards incidental to ownership
operasi jika sewa tidak mengalihkan secara of the leased assets.
substansial seluruh risiko dan manfaat yang
terkait dengan kepemilikan aset.
- 52 -
Page 538
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
m. Piutang pembiayaan konsumen dan piutang m. Consumer financing receivables and leases
sewa pembiayaan (lanjutan) financing receivables (continued)
Piutang Sewa Pembiayaan (lanjutan) Leases Financing Receivables (continued)
Entitas anak mengakui aset berupa piutang The subsidiary recognizes assets held under a
sewa pembiayaan di laporan posisi keuangan financing lease in its statement of financial
sebesar jumlah yang sama dengan investasi position and presented them as a receivable at
sewa neto. Penerimaan piutang sewa an amount equal to the net investment in the
diperlakukan sebagai pembayaran pokok dan lease. Payment of the lease receivable is
penghasilan sewa pembiayaan. Pengakuan treated as repayment of principal and financing
penghasilan sewa pembiayaan didasarkan lease income. The recognition of financing
pada suatu pola yang mencerminkan suatu lease income is based on a pattern reflecting a
tingkat pengembalian periodik yang konstan constant periodic rate of return on the
atas investasi neto. Entitas anak bertindak subsidiary’s net investment in the financing
sebagai lessor dalam sewa pembiayaan. lease. The subsidiary acts as a lessor in finance
leases.
n. Tagihan dan liabilitas akseptasi n. Acceptances receivable and payable
Tagihan akseptasi konsumen pada pengakuan Acceptances receivable are initially measured
awal diukur pada nilai wajar ditambah biaya at fair value plus directly attributable transaction
transaksi yang dapat diatribusikan secara costs, if any, and subsequently measured at
langsung, jika ada, dan selanjutnya diukur their amortized cost using the effective interest
sebesar biaya perolehan diamortisasi dengan rate method. The allowance for impairment
menggunakan metode suku bunga efektif. losses is provided if there is an objective
Cadangan kerugian penurunan nilai dibentuk evidence of impairment (Note 2o). Acceptances
jika terdapat bukti objektif penurunan nilai payable are measured at amortised cost using
(Catatan 2o). Liabilitas akseptasi diukur pada effective interest rate method.
biaya perolehan diamortisasi dengan
menggunakan metode suku bunga efektif.
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan assets
Penurunan Nilai Aset Keuangan Impairment of Financial Assets
Pada setiap tanggal laporan posisi keuangan The Group assess whether there is any
konsolidasian, Grup mengevaluasi apakah objective evidence that a financial asset or a
terdapat bukti objektif bahwa aset keuangan group of financial assets is impaired at each
atau kelompok aset keuangan mengalami consolidated statement of financial position
penurunan nilai. date.
Cadangan atas kerugian kredit ekspektasian The expected credit loss allowance is based on
adalah berdasarkan atas kerugian ekspektasian the credit losses expected to arise over the life
sepanjang umur aset (the lifetime expected of the asset (the lifetime expected credit loss),
credit loss), kecuali tidak terdapat kenaikan unless there has been no significant increase in
yang signifikan dalam risiko kredit sejak awal, di credit risk since origination, in which case, the
mana dalam hal ini, cadangan adalah allowance is based on the 12 months expected
berdasarkan kerugian kredit ekspektasian credit loss.
dalam jangka waktu 12 bulan.
Kerugian yang diharapkan sepanjang umur aset Both the lifetime expected credit loss and 12
dan kerugian kredit ekspektasian dalam jangka months expected credit loss are calculated on
waktu 12 bulan dihitung baik secara individual either an individual basis or a collective basis,
maupun kolektif, tergantung kepada sifat depending on the nature of the underlying
portofolio instrumen keuangan yang portfolio of financial instruments.
mendasarinya.
- 53 -
Page 539
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Penurunan Nilai Aset Keuangan (lanjutan) Impairment of Financial Assets (continued)
Grup menghitung kerugian kredit ekspektasian The Group calculates expected credit loss
berdasarkan tiga skenario yang tertimbang based on three probability-weighted scenarios
menurut kemungkinan terjadinya untuk to measure the expected cash shortfalls,
mengukur kekurangan kas yang diharapkan, discounted at an approximation to the effective
didiskontokan pada suatu estimasi terhadap interest rate. A cash shortfall is the difference
suku bunga efektif. Kekurangan kas adalah between the cash flows that are due to an entity
selisih antara arus kas yang harus dibayar in accordance with the contract and the cash
kepada suatu entitas berdasarkan kontrak dan flows that the entity expects to receive.
arus kas dari entitas bersangkutan yang
diharapkan untuk diperoleh.
Grup telah menyusun suatu kebijakan untuk The Group has established a policy to perform
melakukan suatu penilaian, pada akhir setiap an assessment, at the end of each reporting
periode pelaporan, mengenai apakah risiko period, of whether a financial instruments credit
kredit suatu aset keuangan telah meningkat risk has increased significantly since initial
secara signifikan sejak pengakuan, Dengan recognition, by considering the change in the
mempertimbangkan perubahan risiko gagal risk of default occurring over the remaining life
bayar yang terjadi selama umur manfaat of the financial instrument.
instrumen keuangan.
Grup menganggap instrumen utang memiliki The Group considers debt instruments to have
risiko kredit yang rendah ketika peringkat risiko low credit risk when the credit risk rating is at
kreditnya setara dengan definisi investment par with the globally understood definition of
grade yang dipahami secara global. investment grade.
Pengukuran kerugian kredit ekspektasian Measurement of expected credit losses
Kerugian Kredit Ekspektasian adalah estimasi Expected Credit Loss is an estimate of the
probabilitas tertimbang dari kerugian kredit weighted probability of a credit loss measured
yang diukur sebagai berikut: as follows:
- Aset keuangan yang tidak memburuk pada - Financial assets that do not deteriorate at
tanggal pelaporan, kerugian kredit the reporting date, the expected credit loss
ekspektasian diukur sebesar selisih antara is measured at the difference between the
nilai kini dari seluruh kekurangan kas (yaitu present value of all cash shortages (i.e. the
selisih antara arus kas yang terutang difference between the cash flows owed to
kepada Grup sesuai dengan kontrak dan the Group in accordance with the contract
arus kas yang diperkirakan akan diterima and the cash flows expected to be received
oleh Grup); by the Group);
- Aset keuangan yang memburuk pada - Financial assets that deteriorate at the
tanggal pelaporan, kerugian kredit reporting date, the expected credit loss is
ekspektasian diukur sebesar selisih antara measured at the difference between the
jumlah tercatat bruto dan nilai kini arus kas gross carrying amount and the present
masa depan yang diestimasi; value of estimated future cash flows;
- Komitmen pinjaman yang belum ditarik, - For undisbursed loan commitments,
kerugian kredit ekspektasian diukur sebesar expected credit losses are measured at the
selisih antara nilai kini jumlah arus kas jika difference between the present value of the
komitmen ditarik dan arus kas yang amount of cash flow if the commitments is
diperkirakan akan diterima oleh Grup; withdrawn and the cash flow expected to be
received by the Group;
- Kontrak jaminan keuangan, kerugian kredit - For financial guarantee contracts, expected
ekspektasian diukur sebesar selisih antara credit losses are measured at the difference
pembayaran yang diperkirakan untuk between the estimated payments to replace
mengganti pemegang atas kerugian kredit the holder for the credit losses incurred less
yang terjadi dikurangi jumlah yang the amount estimated to be recoverable.
diperkirakan dapat dipulihkan.
- 54 -
Page 540
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Aset keuangan yang direstrukturisasi Restructured financial assets
Jika ketentuan aset keuangan dinegosiasikan If the terms of the financial assets are -
ulang atau dimodifikasi atau aset keuangan renegotiated or modified or the existing
yang ada diganti dengan yang baru karena financial assets are replaced with new ones
kesulitan keuangan peminjam, maka dilakukan due to the borrower’s financial difficulties, an
penilaian apakah aset keuangan yang ada assessment is made whether recognition of
harus dihentikan pengakuannya dan kerugian existing financial assets must be derecognized
kredit ekspektasian diukur sebagai berikut: and expected credit losses measured as
follows:
- Jika restrukturisasi tidak mengakibatkan - If the restructuring does not result in the -
penghentian pengakuan aset yang termination of recognition of existing assets,
ada, maka arus kas yang diperkirakan then the estimated cash flows arising from
yang timbul dari aset keuangan the modified financial assets are included in
yang dimodifikasi dimasukkan dalam the calculation of cash shortages of existing
perhitungan kekurangan kas dari aset assets.
yang ada.
- Jika restrukturisasi akan menghasilkan - If the restructuring will result in a -
penghentian pengakuan aset yang ada, derecognition of the existing assets, the fair
maka nilai wajar aset baru diperlakukan value of the new asset is treated as the final
sebagai arus kas akhir dari aset keuangan cash flow of the existing financial assets at
yang ada pada saat penghentian the time of derecognition. This amount is
pengakuannya. Jumlah ini dimasukkan included in the calculation of cash shortages
dalam perhitungan kekurangan kas dari from existing financial assets which are
aset keuangan yang ada yang discounted from the date of derecognition to
didiskontokan dari tanggal penghentian the reporting date using the initial effective
pengakuan ke tanggal pelaporan interest rate of the existing financial assets.
menggunakan suku bunga efektif awal dari
aset keuangan yang ada.
Aset keuangan yang memburuk Credit-impaired financial assets
Pada setiap tanggal pelaporan, Grup menilai At each reporting date, the Group assesses
apakah aset keuangan yang dicatat pada biaya whether the financial assets recorded at
perolehan diamortisasi dan aset keuangan amortized cost and the financial assets of debt
instrumen utang yang dicatat pada nilai wajar instruments which are recorded at fair value
melalui penghasilan komprehensif lain through other comprehensive income are
mengalami penurunan nilai kredit (memburuk). credit- impaired (worsening).
Aset keuangan memburuk ketika satu atau Financial assets deteriorate when one or more
lebih peristiwa yang memiliki dampak events that have an adverse effect on the
merugikan atas estimasi arus kas masa depan estimated future cash flows of the financial
dari aset keuangan telah terjadi. assets have occurred.
Bukti bahwa aset keuangan mengalami Evidence that financial assets become credit
penurunan nilai kredit (memburuk) termasuk impaired including observable data regarding
data yang dapat diobservasi mengenai the following events:
peristiwa berikut ini:
- Kesulitan keuangan signifikan yang dialami - Significant financial difficulties experienced
penerbit atau pihak peminjam; by the issuer or the borrower;
- Pelanggaran kontrak, seperti peristiwa - Breach of contract, such as a default or
gagal bayar atau peristiwa tunggakan; arrears;
- Pihak pemberi pinjaman, untuk alasan - The lender, for economic or contractual
ekonomik atau kontraktual sehubungan reasons in relation to the financial
dengan kesulitan keuangan yang dialami difficulties experienced by the borrower,
pihak peminjam, telah memberikan has given concessions to the borrower
konsesi pada pihak peminjam yang tidak which is not possible if the borrower does
mungkin diberikan jika pihak peminjam not experience such difficulties;
tidak mengalami kesulitan tersebut;
- 55 -
Page 541
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Aset keuangan yang memburuk (lanjutan) Credit-impaired financial assets (continued)
- Terjadi kemungkinan bahwa pihak - It is probable that the borrower will enter
peminjam akan dinyatakan pailit atau bankruptcy or the other financial
melakukan reorganisasi keuangan lainnya; reorganization;
- Hilangnya pasar aktif dari aset keuangan - Loss of an active market for financial
akibat kesulitan keuangan; atau assets due to financial difficulties; or
- Pembelian atau penerbitan aset keuangan - Purchase or issuance financial asset at -
dengan diskon sangat besar yang significant discount which reflect the credit
mencerminkan kerugian kredit yang terjadi. loss that occurs.
Aset Keuangan yang dibeli atau yang Purchased or originated credit- impaired
berasal dari aset keuangan yang mengalami financial assets - POCI
penurunan nilai (Purchased or originated
credit- impaired financial assets - POCI)
Aset keuangan dikategorikan sebagai POCI Financial assets are catergorized as POCI if
apabila terdapat bukti objektif penurunan nilai there is objective evidence of impairment at
pada saat pengakuan awal. Pada saat initial recognition. At initial recognition, no
pengakuan awal, tidak ada cadangan kerugian allowance for credit losses is recognized
kredit yang diakui karena harga pembelian atau because the purchase price or value has
nilainya telah termasuk estimasi kerugian kredit included lifetime estimated credit losses.
sepanjang umurnya. Selanjutnya, perubahan Furthermore, changes in lifetime credit losses,
kerugian kredit sepanjang umurnya, apakah whether positive or negative, are recognized in
positif atau negatif, diakui dalam laporan laba the consolidated statement of profit or loss as
rugi konsolidasian sebagai bagian dari part of the allowance for impairment losses.
cadangan kerugian penurunan nilai.
Penyajian cadangan kerugian kredit Presentation of allowance for expected
ekspektasian dalam laporan posisi credit losses in statements of financial
keuangan position
Cadangan kerugian kredit ekspektasian Allowance for expected credit losses is
disajikan dalam laporan posisi keuangan presented in the consolidated statement of
konsolidasian sebagai berikut: financial positions as follows:
- Aset keuangan yang diukur pada biaya - Financial assets measured at amortised
perolehan diamortisasi, cadangan cost, allowance for expected credit losses
kerugian kredit ekspektasian disajikan is presented as a deduction from the gross
sebagai pengurang dari jumlah tercatat carrying amount of the asset;
bruto aset;
- Komitmen pinjaman dan kontrak jaminan - Loan commitments and financial
keuangan, cadangan kerugian kredit guarantee contracts, allowance for
ekspektasian disajikan sebagai provisi; expected credit losses is presented as a
provision;
- Instrumen utang yang diukur pada nilai - Debt instruments measured at fair value -
wajar melalui penghasilan komprehensif through other comprehensive income,
lain, cadangan kerugian kredit allowance for expected credit losses are
ekspektasian tidak diakui dalam laporan not recognized in the statement of financial
posisi keuangan karena jumlah tercatat position because the carrying amounts of
dari aset-aset ini adalah nilai wajarnya. these assets are at their fair values.
Namun demikian cadangan kerugian However, allowance for expected credit
kredit ekspektasian diungkapkan dan losses is disclosed and recognized in other
diakui dalam penghasilan komprehensif comprehensive income.
lain.
- 56 -
Page 542
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Perhitungan penurunan nilai secara Individual impairment calculation
individual
Bank menetapkan pinjaman yang diberikan The Bank determines that loans should be
yang harus dievaluasi penurunan nilainya evaluated for impairment through individual
secara individual, jika memenuhi salah satu evaluation if one of the following criterias is met:
kriteria di bawah ini:
- Pinjaman yang diberikan yang secara - Loans which individually have significant
individual memiliki nilai signifikan; atau value; or
- Pinjaman yang diberikan yang - Restructured loans which individually have
direstrukturisasi yang secara individual significant value.
memiliki nilai signifikan.
Perhitungan penurunan nilai secara kolektif Collective impairment calculation
Bank menetapkan pinjaman yang diberikan The Bank determines loans to be evaluated for
yang harus dievaluasi penurunan nilainya impairment through collective evaluation if one of
secara kolektif, jika memenuhi salah satu the following criterias is met:
kriteria di bawah ini:
- Pinjaman yang diberikan yang secara - Loans which individually have insignificant
Individual memiliki nilai tidak signifikan; value; or
atau
- Pinjaman yang diberikan yang - Restructured loans which individually have
direstrukturisasi yang secara individual insignificant value.
memiliki nilai tidak signifikan.
Penerimaan kembali atas aset keuangan Recoveries of written-off financial assets
yang telah dihapusbukukan
Ketika pinjaman yang diberikan tidak tertagih, When a loan is uncollectible, it is written off
pinjaman yang diberikan tersebut dihapusbuku against the related allowance for impairment
dengan menjurnal balik cadangan kerugian loss. Such loans are written off after all the
penurunan nilai. Pinjaman yang diberikan necessary procedures have been completed
tersebut dapat dihapus buku setelah semua and the amount of the loss has been
prosedur yang diperlukan telah dilakukan dan determined.
jumlah kerugian telah ditentukan.
Penerimaan kembali atas aset keuangan The recoveries of written-off financial assets in
yang telah dihapusbukukan pada tahun the current year are credited by adjusting the
berjalan dikreditkan dengan menyesuaikan allowance for impairment losses accounts.
akun cadangan kerugian penurunan nilai. Recoveries of written-off financial assets from
Penerimaan kembali atas aset keuangan yang previous years are recorded as operational
telah dihapusbukukan pada tahun sebelumnya income other than interest income.
dicatat sebagai pendapatan operasional selain
pendapatan bunga.
Sehubungan dengan kepatuhan terhadap In compliance with Financial Service Authority
Otoritas Jasa Keuangan (OJK), Bank (OJK), the Bank implements OJK Regulation
menerapkan Peraturan OJK No.40/POJK.03/ No. 40/POJK.03/2019 dated December 19,
2019 tanggal 19 Desember 2019 tentang 2019 about “Assessment of Commercial Banks’
“Penilaian Kualitas Aset Bank Umum”. Asset Quality”.
Untuk aset keuangan entitas anak berdasarkan For the financial assets of subsidiary under
prinsip perbankan Syariah, entitas anak Bank Sharia Banking principles, the Bank’s subsidiary
menerapkan peraturan Otoritas Jasa Keuangan applies Financial Services Authority regulation
(“POJK”) No. 16/POJK.03/2014 tanggal (“POJK”) No. 16/POJK.03/2014 dated
18 November 2014 tentang “Penilaian Kualitas November 18, 2014 regarding “Asset Quality
Aset Bank Umum Syariah dan Unit Usaha Assessment of Sharia Bank and Sharia
Syariah” yang berlaku efektif sejak tanggal Business Unit” effective starting January 1,
1 Januari 2015. 2015.
- 57 -
Page 543
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Penerimaan kembali atas aset keuangan Recoveries of written-off financial assets
yang telah dihapusbukukan (lanjutan) (continued)
Berdasarkan peraturan tersebut, entitas anak Based on the regulation, the Bank’s subsidiary
Bank wajib membentuk cadangan kerugian is required to provide an allowance for losses
sesuai dengan standar akuntansi keuangan based on prevailing financial accounting
yang berlaku. Khusus untuk piutang murabahah standards. Specifically for murabahah
yang merupakan pembiayaan, entitas anak receivables that represents financing, the
Bank mengevaluasi apakah terdapat bukti Bank’s subsidiary evaluates whether there is
objektif penurunan nilai dan mengakui kerugian objective evidence of impairment and
penurunan nilai sesuai dengan ISAK 102 recognizes the impairment losess based on
(Revisi 2013) yang mengacu pada PSAK 55 IFAS 102 (Revised 2013) which referring to
(Revisi 2014), sedangkan cadangan kerugian SFAS 55 (Revised 2014), while the allowance
aset produktif lainnya dibentuk sebagai berikut: for losses for other earning assets is provided
as follows:
Persentase minimum
cadangan kerugian/
Minimum percentage of
Klasifikasi allowance for losses Classification
Lancar 1% Current
Dalam perhatian khusus 5% Special mention
Kurang lancar 15% Sub-standard
Diragukan 50% Doubtful
Macet 100% Loss
Cadangan khusus dibentuk atas aset produktif Specific allowance for earning assets on
yang di klasifikasikan sebagai dalam perhatian earning assets classified as special mention,
khusus, kurang lancar, diragukan, dan macet, sub-standard, doubtful, and loss, is calculated
dihitung atas nilai aset produktif setelah based on principal of the earning assets after
dikurangi dengan nilai agunan. deducting the value of collateral.
Penurunan Nilai Aset Non-keuangan Impairment of Non-financial assets
Nilai tercatat dari aset yang bukan aset The carrying amounts of the Group’s non-
keuangan Grup, kecuali aset pajak tangguhan, financial assets, other than deferred tax assets,
ditelaah setiap tanggal pelaporan untuk are reviewed at each reporting date to
menentukan apakah terdapat indikasi determine whether there is any indication of
penurunan nilai. Jika indikasi tersebut ada, impairment. If any such indication exists then
maka nilai yang dapat dipulihkan dari aset the asset’s recoverable amount will be
tersebut akan diestimasi. estimated.
Jumlah yang dapat dipulihkan dari suatu aset The recoverable amount of an asset or Cash
atau Unit Penghasil Kas (UPK) adalah sebesar Generating Unit (CGU) is greater of its value in
jumlah yang lebih tinggi antara nilai pakainya use and its fair value less cost to sell. In
dan nilai wajar aset atau UPK dikurangi biaya assessing value in use, the estimated future
untuk menjual. Dalam menentukan nilai pakai, cash flows are discounted to their present value
estimasi arus kas masa depan didiskontokan ke using a pre-tax discount rate that reflects
nilai sekarang dengan menggunakan tingkat current market assessment of the time value of
diskonto sebelum pajak yang mencerminkan money and the risk specific to the assets.
penilaian pasar saat ini terhadap nilai kas kini
dan risiko spesifik terhadap aset tersebut.
- 58 -
Page 544
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
o. Penurunan nilai aset keuangan dan non- o. Impairment of financial and non-financial
keuangan (lanjutan) assets (continued)
Penerimaan kembali atas aset keuangan Recoveries of written-off financial assets
yang telah dihapusbukukan (lanjutan) (continued)
Penyisihan penurunan nilai diakui jika nilai An impairment loss is recognized if the carrying
tercatat dari suatu aset atau UPK melebihi nilai amount of an asset or CGU exceeds its
yang dapat diperoleh kembali. Penyisihan recoverable amount. Impairment losses are
penurunan nilai diakui pada laba rugi tahun recognized in the current year’s profit or loss.
berjalan. Penyisihan penurunan nilai yang Impairment losses in respect of CGUs are
diakui sehubungan dengan UPK akan allocated first to reduce the carrying amount of
dialokasikan pertama kali untuk mengurangi any goodwill allocated to the CGU and then to
nilai tercatat dari goodwill yang dialokasikan ke reduce the carrying amount of the other assets
UPK dan kemudian mengurangi nilai tercatat in the units (group of units) on a pro rate basis.
dari aset lainnya di dalam unit tersebut
(kelompok unit) secara pro rata.
Penyisihan penurunan nilai sehubungan An impairment losses in respect of goodwill can
dengan goodwill tidak dapat dijurnal balik. not be reversed. In respect of other assets,
Sehubungan dengan aset lainnya, penyisihan impairment losses recognized in prior period
penurunan nilai yang diakui pada tahun are assessed at each reporting date for any
sebelumnya dinilai pada setiap tanggal indications that the losses has decreased or no
pelaporan untuk melihat adanya indikasi bahwa longer exists. An impairment loss is reversed if
kerugian telah menurun atau tidak ada lagi. there has been change in the estimates used to
Kerugian penurunan nilai dijurnal balik jika determine the recoverable amount.
terdapat perubahan estimasi yang digunakan
dalam menentukan nilai yang dapat dipulihkan.
Sehubungan dengan kepatuhan terhadap In compliance with Financial Service Authority
Otoritas Jasa Keuangan (OJK), Grup (OJK), the Group implements OJK Regulation
menerapkan Peraturan OJK No. 40/ No. 40/POJK.03/2019 dated December 19,
POJK.03/2019 tanggal 19 Desember 2019 2019 about “Assessment of Commercial Banks’
tentang “Penilaian Kualitas Aset Bank Umum”. Asset Quality”.
p. Aset tetap, aset hak guna, dan liabilitas p. Fixed assets, right-of-use and lease
sewa liabilities
Grup menerapkan kebijakan akuntansi model The Group applies revaluation model as
revaluasi untuk aset tetap berupa tanah. Untuk accounting policy for land. For fixed assets
aset tetap selain tanah menggunakan model other than land, cost model is applied. Prior to
biaya. Sebelum 1 Maret 2016, tanah disajikan March 1, 2016, land is stated at cost.
sebesar biaya perolehan.
Tanah disajikan sebesar nilai wajar. Penilaian Lands are stated at fair value. Valuation of
terhadap tanah dilakukan oleh penilai lands is performed by external independent
independen eksternal yang memiliki sertifikasi. valuers with certain qualification. Valuation is
Penilaian dilakukan secara berkala untuk performed with sufficient regularity to ensure
memastikan bahwa nilai wajar aset yang that the fair value of a revalued asset does not
direvaluasi tidak berbeda secara material differ materially from its carrying amount.
dengan nilai tercatatnya.
- 59 -
Page 545
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
p. Aset tetap, aset hak guna, dan liabilitas p. Fixed assets, right-of-use and lease
sewa (lanjutan) liabilities (continued)
Jika nilai wajar dari aset yang direvaluasi If the fair value of the revalued asset change
mengalami perubahan yang signifikan dan significantly, it is necessary to revaluate on an
fluktuatif, maka perlu direvaluasi secara annual basis, whereas if the fair value of the
tahunan, sedangkan jika nilai wajar dari aset revaluated asset does not change significantly,
yang direvaluasi tidak mengalami perubahan it is necessary to revaluate at a minimum of
yang signifikan dan fluktuatif, maka perlu every 3 years.
dilakukan revaluasi sekurang-kurangnya 3
tahun sekali.
Kenaikan nilai tercatat yang timbul dari Increase in the carrying amount arising from
revaluasi tanah dicatat sebagai “Surplus revaluation of land is recorded in “Asset
revaluasi aset” dan disajikan sebagai revaluation surplus” and presented as “other
“penghasilan komprehensif lain”. Penurunan comprehensive income”. Decrease in carrying
nilai tercatat yang timbul dari revaluasi dicatat amount as the result of revaluation is recorded
sebagai beban pada tahun berjalan. Apabila as expense in the current year. If the asset has
aset tersebut memiliki saldo “Surplus revaluasi “Asset revaluation surplus”, loss from
aset”, maka selisih penurunan nilai tercatat revaluation of asset is charged to “Asset
tersebut dibebankan terhadap “Surplus revaluation surplus” balance and the remaining
revaluasi aset” dan sisanya diakui sebagai balance is charged to current year’s expenses.
beban tahun berjalan.
Grup melakukan revaluasi untuk tujuan The Group conduct revaluation for accounting
akuntansi dan pajak. Jumlah pajak yang telah and tax purposes. The related tax paid is
dibayar diakui di penghasilan komprehensif lain recognized in other comprehensive income and
dan surplus revaluasi aset di ekuitas. asset revaluation surplus in equity.
Aset tetap, kecuali tanah yang tidak disusutkan, Fixed assets, except land which is not
dinyatakan berdasarkan biaya perolehan depreciated, are stated at cost less
dikurangi akumulasi penyusutan dan rugi accumulated depreciation and impairment
penurunan nilai. Penyusutan dihitung dengan losses. Depreciation is computed using the
menggunakan metode garis lurus (straight line) straight line method over the expected useful
selama estimasi manfaat aset tersebut sebagai lives as follows:
berikut:
Tahun/Years
Bangunan 20 Buildings
Perabot dan peralatan kantor 4-8 Furniture, fixtures, and office equipment
Kendaraan bermotor 4-8 Motor vehicles
Prasarana bangunan sesuai masa sewa mana yang lebih Leasehold improvement
rendah dibandingkan umur ekonomis/
based on the lease period whichever
is shorter of economic life
- 60 -
Page 546
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
p. Aset tetap, aset hak guna, dan liabilitas p. Fixed assets, right-of-use and lease
sewa (lanjutan) liabilities (continued)
Biaya pemeliharaan dan perbaikan dibebankan The cost of repairs and maintenance is charged
pada laba rugi pada saat terjadinya, pemugaran to profit or loss as incurred. Significant renewals
dan penambahan dalam jumlah signifikan and betterments are capitalized when it is
dikapitalisasi apabila kemungkinan besar Grup probable that future economic benefits in
akan mendapatkan manfaat ekonomi masa excess of the originally assessed standard of
depan dari aset tersebut yang melebihi standar performance of the existing assets will flow to
kinerja yang diperkirakan sebelumnya. Biaya the Group. When assets are retired or
perolehan dan akumulasi penyusutan aset tetap otherwise disposed of, their costs and the
yang sudah tidak digunakan lagi atau dijual related accumulated depreciations are removed
dikeluarkan dari kelompok aset tetap yang from the accounts and any resulting gain or loss
bersangkutan dan laba atau rugi yang terjadi is reflected in the current year’s consolidated
dilaporkan dalam laporan laba rugi dan statement of profit or loss and other
penghasilan komprehensif lain konsolidasian comprehensive income.
tahun berjalan.
Biaya-biaya sehubungan dengan pengurusan The expenses incurred in relation with the
perpanjangan hak atas tanah ditangguhkan dan extension of land right are deferred and
diamortisasi sepanjang umur hak atas tanah. amortized over the term of the land rights.
Aset dalam konstruksi merupakan aset yang Assets under construction represents assets in
masih dalam proses penyelesaian dan belum progress of construction and not yet ready for
siap untuk digunakan, serta dimaksudkan untuk use, and intended to be used in business
dipergunakan dalam kegiatan usaha. Aset ini activity. The assets are recorded based on the
dicatat sebesar biaya yang telah terjadi. incurred cost.
Estimasi masa manfaat ekonomis, metode Estimated useful lives, depreciation method,
penyusutan, dan nilai residu dikaji ulang pada and residual value are reviewed at end of each
setiap akhir periode pelaporan dan disesuaikan reporting period and adjusted prospectively, if
secara prospektif. appropriate.
Jumlah tercatat aset tetap dihentikan An item of fixed asset is derecognized upon
pengakuannya pada saat dilepaskan atau saat disposal or when no future economic benefits
tidak ada manfaat ekonomis masa depan yang are expected from its use or disposal. Any gain
diharapkan dari penggunaan atau or loss arising on derecognition of the asset
pelepasannya. Laba atau rugi yang timbul dari (calculated as the difference between the net
penghentian pengakuan aset (dihitung sebagai disposal proceeds and the carrying amount of
perbedaan antara jumlah neto hasil pelepasan the asset) is included in the consolidated
dan jumlah tercatat dari aset) diperhitungkan statements of profit and other comprehensive
dalam laporan laba rugi dan penghasilan income in the period such asset is
komprehensif lain konsolidasian pada periode derecognized.
aset tersebut dihentikan pengakuannya.
Grup melakukan penelaahan pada akhir tahun The Group conduct a review at the end of the
untuk menentukan adanya indikasi terjadinya year to determine whether there are indications
penurunan nilai aset. Grup menghitung taksiran of asset impairment. The Group calculate the
jumlah yang dapat diperoleh kembali atas nilai estimated recoverable amount of all their assets
semua aset yang dimiliki apabila terdapat and determines if there is a decrease in the
situasi atau keadaan yang memberikan indikasi value of the assets and recognize an
terjadinya penurunan nilai aset dan impairment loss on such assets to the current
mengakuinya sebagai rugi penurunan nilai year’s profit or loss.
dalam laba rugi tahun berjalan.
- 61 -
Page 547
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
p. Aset tetap, aset hak guna, dan liabilitas p. Fixed assets, right-of-use and lease
sewa (lanjutan) liabilities (continued)
Bila nilai tercatat suatu aset melebihi taksiran When the carrying amount of an asset exceeds
jumlah yang dapat diperoleh kembali (estimated its estimated recoverable amount, the asset is
recoverable amount) maka nilai tercatat written-down to its estimated recoverable
tersebut diturunkan ke jumlah yang dapat amount, which is determined as the higher of
diperoleh kembali tersebut, yang ditentukan net selling price or value in use.
sebagai nilai tertinggi antara harga jual neto
dan nilai pakai.
Aset hak guna dan liabilitas sewa Right-of-use assets and lease liabilities
Pada tanggal permulaan kontrak, Grup menilai At the inception of the contract, the Group
apakah kontrak merupakan atau mengandung assesses whether the contract is or contains a
sewa. Suatu kontrak merupakan atau lease. A contract is or contains a lease if the
mengandung sewa jika kontrak tersebut contract conveys the right to control the use of
memberikan hak untuk mengendalikan an identified assets for a period of time in
penggunaan aset identifikasian selama suatu exchange for consideration. The Group can
jangka waktu untuk dipertukarkan dengan choose not to recognized the right use assets
imbalan. Grup dapat memilih untuk tidak and lease liabilities for:
mengakui aset hak-guna dan liabilitas sewa
untuk:
• sewa dengan jangka waktu kurang atau • leases with a term of less or equal to 12
sama dengan 12 bulan dan tidak terdapat months and there is no purchase option;
opsi beli;
• sewa atas aset dengan nilai rendah. • leases of low value assets.
Untuk menilai apakah kontrak memberikan hak To assess whether a contract conveys the right
untuk mengendalikan penggunaan aset to control the use of an identified asset, the
identifikasian, Grup harus menilai apakah: Group shall assess whether:
• Grup memiliki hak untuk mengoperasikan • The Group has the right to operate the
aset dan assets and
• Grup telah mendesain aset dengan cara • The Group has designed the assets in a
menetapkan sebelumnya bagaimana dan way that predetermine how and for what
untuk tujuan apa aset akan digunakan purpose it will be used.
selama periode penggunaan.
Grup mengakui liabilitas sewa sebesar jumlah The Group recognized lease liabilities at the
pembayaran sewa yang masih harus dibayar amount of lease payments accrued to the end
hingga akhir masa sewa yang didiskontokan of the lease term which discounted using the
dengan menggunakan suku bunga pinjaman incremental borrowing rate. Meanwhile, the
inkremental. Sedangkan aset hak guna right-of-use assets includes the amount of lease
mencakup jumlah liabilitas sewa yang diakui, liabilities recognized, initial direct costs paid,
biaya langsung awal yang dibayarkan, biaya restoration costs and lease payments on or
pemulihan dan pembayaran sewa yang before the start date of the lease, less lease
dilakukan pada atau sebelum tanggal mulai incentives received.
sewa, dikurangi insentif sewa yang diterima.
Pembayaran sewa juga termasuk harga Lease payments also include the reasonable
eksekusi opsi pembelian yang wajar jika exercise price for the purchase option if it is
dipastikan akan dilakukan oleh Grup dan determined to be made by the Group and the
pembayaran penalti untuk mengakhiri sewa, payment of a penalty to terminate the lease, if
jika jangka waktu sewa mencerminkan Grup the lease term reflects the Group exercising the
mengeksekusi opsi penghentian sewa. lease termination option. Variable lease
Pembayaran sewa variabel yang tidak payments that are not dependt on an index or
bergantung pada indeks atau suku bunga interest rate are recognized as an expense in
diakui sebagai beban pada periode di mana the period in which the event or condition that
peristiwa atau kondisi yang memicu triggers the payment occurs.
pembayaran terjadi.
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Page 548
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
p. Aset tetap, aset hak guna, dan liabilitas p. Fixed assets, right-of-use and lease
sewa (lanjutan) liabilities (continued)
Aset hak guna dan liabilitas sewa (lanjutan) Right-of-use assets and lease liabilities
(continued)
Aset hak guna disusutkan dengan metode Right-of-use asset are depreciated using the
garis lurus selama jangka waktu yang lebih straight-line method over the shorter period
pendek antara masa sewa dengan estimasi between the lease term and the estimated
masa manfaat aset. useful life of the asset.
Jika kepemilikan aset sewa dialihkan ke Grup If the ownership of lease asset is transferred to
pada akhir masa sewa atau pembayaran sewa the Group at the end of the lease term or the
mencerminkan pelaksanaan opsi pembelian, lease payments reflect the exercise of the
penyusutan dihitung menggunakan estimasi purchase option, depreciation is calculated
masa manfaat ekonomis aset. Aset hak guna using the estimated useful life of the assets.
diuji penurunan nilainya sesuai dengan PSAK Right-of-use assets are tested for impairment in
48 “Penurunan Nilai Aset”. accordance with SFAS 48 “Asset Impairment”.
Dalam menghitung nilai kini dari pembayaran In calculating the present value of lease
sewa, Grup menggunakan suku bunga payments, the Group uses the lessee’s
pinjaman inkremental penyewa pada tanggal incremental borrowing rate at the inception date
dimulainya sewa karena suku bunga implisit of the lease since the interest rate implicit in the
dalam sewa tidak dapat ditentukan. Setelah lease cannot be determined. After the inception
tanggal dimulainya sewa, jumlah liabilitas sewa date of the lease, the amount of the lease
ditingkatkan untuk mencerminkan liability is increased to reflect the increase in
pertambahan bunga dan dikurangi interest and reduce the lease payments made.
pembayaran sewa yang dilakukan. Selain itu, Furthermore, the lease liabilities carrying
jumlah tercatat liabilitas sewa diukur kembali amount is remeasured if there are
jika terdapat modifikasi, perubahan jangka modifications, changes in term of the lease,
waktu sewa, perubahan pembayaran sewa, lease payments, or the valuation of the option
atau perubahan dalam penilaian opsi untuk to purchase the underlying asset.
membeli aset pendasar.
Sewa jangka pendek (dengan jangka waktu Short-term leases (with term of less or equal to
kurang atau sama dengan 12 bulan) dan sewa 12 months) and leases of low-value assets, and
aset bernilai rendah, serta elemen-elemen elements of those leases, partially or entirely not
sewa tersebut, sebagian atau seluruhnya tidak applying the recognition principles stipulated by
menerapkan prinsip-prinsip pengakuan yang SFAS 73 will be treated the same as operating
ditentukan oleh PSAK 73 akan diperlakukan leases in SFAS 30. The Group will recognize
sama dengan sewa operasi pada PSAK 30. these lease payments on a straight line basis
grup akan mengakui pembayaran sewa during the lease period on the consolidated
tersebut dengan dasar garis lurus selama statement of profit or loss and other
masa sewa dalam laporan laba rugi dan comprehensive income. This expense is
penghasilan komprehensif lain konsolidasian. recorded under general and administrative
Beban ini dicatat pada beban umum dan expenses in profit or loss.
administrasi dalam laporan laba rugi.
q. Aset takberwujud q. Intangible assets
Aset takberwujud terdiri dari goodwill dan piranti Intangible assets consist of goodwill and
lunak. softwares.
Aset takberwujud diakui jika, dan hanya jika, Intangible assets are recognized if, and only if
biaya perolehan aset tersebut dapat diukur when its cost of the asset can be measured
secara andal dan kemungkinan besar Grup reliably and it is probable that expected future
akan memperoleh manfaat ekonomis masa benefits that are attributable to such assets will
depan dari aset tersebut. flow to the Group.
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Page 549
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
q. Aset takberwujud (lanjutan) q. Intangible assets (continued)
i. Goodwill i. Goodwill
Goodwill merupakan selisih lebih antara Goodwill represents the difference between
harga perolehan investasi dan bagian Bank the acquisition cost of an investment and
atas nilai wajar aset neto entitas anak pada the Bank’s share of the fair value of the net
tanggal akuisisi. Kerugian yang menjadi assets of the subsidiary as of the date of
bagian dari kepentingan non-pengendali acquisition. The losses applicable to the
pada suatu entitas anak yang melebihi non-controlling interest in a subsidiary that
bagiannya dalam modal disetor pada exceed its interests in the equity of the
tanggal akuisisi, diperhitungkan sebagai subsidiary at the acquisition date, is
bagian dari goodwill. calculated as part of goodwill.
Goodwill diukur sebesar nilai tercatat Goodwill is measured at carrying value less
dikurangi dengan akumulasi penurunan accumulated impairment losses as
nilai seperti diungkapkan pada Catatan 2o. disclosed in Note 2o.
ii. Piranti Lunak ii. Softwares
Piranti lunak yang bukan merupakan Software which is not an integral part of a
bagian integral dari perangkat keras yang related hardware is recorded as intangible
terkait dicatat sebagai aset tak berwujud asset and stated at carrying amount, which
dan dinyatakan sebesar nilai tercatat, yaitu is cost less accumulated amortization.
sebesar harga perolehan dikurangi dengan
akumulasi amortisasi.
Pengeluaran selanjutnya untuk piranti Subsequent expenditure on software is
lunak akan dikapitalisasi hanya jika capitalized only when it increases the
pengeluaran tersebut menambah manfaat future economic benefits embodied in the
ekonomis aset yang bersangkutan dimasa specific asset to which it relates. All other
datang. Semua pengeluaran lainnya expenditure is expensed as inccured.
dibebankan saat terjadinya.
Piranti lunak diamortisasi dengan Software is amortized using straight-line
menggunakan metode garis lurus selama method over the estimated useful life of
estimasi masa manfaat ekonomis aset software, which is 4 (four) years.
yaitu 4 (empat) tahun. Amortisasi dimulai Amortization is recognized from the date
ketika aset tersedia untuk digunakan. when the asset is available for use.
Aset takberwujud dihentikan pengakuannya jika An intangible asset shall be derecognized on
dilepas atau ketika tidak terdapat lagi manfaat disposal or when no future economic benefits
ekonomi masa depan yang diharapkan dari are expected from its use or disposal. The gain
penggunaan atau pelepasannya. Keuntungan or loss arising from the derecognition of an
atau kerugian yang muncul dari penghentian intangible asset shall be determined as the
pengakuan aset takberwujud ditentukan difference between the net disposal proceeds,
sebagai selisih antara hasil neto pelepasan, jika if any, and the carrying amount of the asset.
ada, dan jumlah tercatat aset.
Keuntungan atau kerugian diakui dalam laporan The gain or loss shall be recognized in
laba rugi dan penghasilan komprehensif lain consolidated statement of profit or loss and
konsolidasian ketika aset tersebut dihentikan other comprehensive income when the asset is
pengakuannya. derecognized.
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PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
r. Aset lain-lain r. Other assets
Aset lain-lain antara lain terdiri dari uang muka, Other assets consist of advance payments,
biaya dibayar dimuka, bunga masih akan prepaid expenses, interests receivable,
diterima, agunan yang diambil alih, dan lain-lain. foreclosed assets, and others.
Agunan yang diambiI alih diakui sebesar nilai Foreclosed assets are stated at net realizable
terendah antara nilai tercatat kredit yang value or at loan outstanding amount, whichever
diberikan atau nilai realisasi neto dari agunan is lower. Net realizable value is the fair value of
yang diambil alih. Nilai realisasi neto adalah nilai the foreclosed assets less estimated costs of
wajar agunan yang diambil alih dikurangi dengan liquidating the assets. The excess of loan
estimasi biaya untuk menjual agunan tersebut. receivable over the net realizable value of the
Selisih lebih saldo kredit di atas nilai realisasi foreclosed assets is charged to the allowance
neto dari agunan yang diambil alih dibebankan for impairment losses.
ke dalam akun cadangan kerugian penurunan
nilai.
Selisih antara nilai agunan yang diambil alih dan The difference between the value of the
hasil penjualannya diakui sebagai keuntungan foreclosed assets and the proceeds from the
atau kerugian pada saat penjualan. sale of such properties is recorded as gain or
loss at the time of sale.
Beban-beban yang berkaitan dengan Expenses for maintaining foreclosed assets are
pemeliharaan agunan yang diambil alih charged in the profit or loss as incurred.
dibebankan pada laba rugi pada saat terjadinya.
Bila terjadi penurunan nilai yang bersifat The carrying amount of the foreclosed assets is
permanen, maka nilai tercatat agunan yang written-down to recognize a permanent decline
diambil alih dikurangi untuk mengakui in value of the foreclosed assets. Any such
penurunan tersebut dan kerugiannya write-down is charged to the current year’s
dibebankan pada laba rugi tahun berjalan. profit or loss.
s. Liabilitas segera s. Liabilities immediately payable
Liabilitas segera merupakan liabilitas Grup yang Liabilities immediately payable represent
harus segera dibayarkan kepada pihak lain obligations to third parties based on contract or
berdasarkan kontrak atau perintah dari pihak order by those having authority that have to be
yang mempunyai kewenangan untuk itu. settled immediately. Liabilities immediately
Liabilitas segera diukur sebesar biaya perolehan payable are measured at their amortized cost
diamortisasi dengan menggunakan metode suku using effective interest rate method.
bunga efektif.
t. Simpanan nasabah t. Deposits from customers
Giro, tabungan, dan deposito berjangka Demand deposits, savings deposits, and time
diklasifikasikan sebagai liabilitas yang diukur deposits are classified as liabilities measured at
pada biaya perolehan diamortisasi, yang diakui amortised cost, which are initially recognized at
pada nilai wajar ditambah biaya transaksi yang fair value plus directly attributable transaction
dapat diatribusikan secara langsung, jika ada, costs, if any, and subsequently measured at
pada pengakuan awal dan selanjutnya diukur amortised cost using the effective interest rate
pada biaya perolehan diamortisasi dengan method. Amortized cost is calculated by taking
menggunakan metode suku bunga efektif. Biaya into account any discount or premium related to
perolehan diamortisasi dihitung dengan the initial recognition of deposits from
memperhitungkan adanya diskonto atau premi customers and transaction costs that are an
terkait dengan pengakuan awal simpanan integral part of the effective interest rate.
nasabah dan biaya transaksi yang merupakan
bagian yang tak terpisahkan dari suku bunga
efektif.
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Page 551
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
u. Simpanan syariah u. Sharia deposits
Simpanan syariah terdiri dari giro wadiah, Sharia deposits consist of wadiah demand
tabungan wadiah, Sertifikat Investasi deposits, wadiah savings deposits, Certificate of
Mudharabah Antar Bank (SIMA), tabungan dan Inter Bank Mudharabah Investment (SIMA),
deposito berjangka mudharabah. mudharabah savings and time deposits.
Giro wadiah merupakan titipan dana pihak ketiga Wadiah demand deposits represent entrusted
yang mendapatkan bonus berdasarkan third party funds which earn bonus based on
kebijakan entitas anak Bank. Giro wadiah the subsidiary of the Bank’s policy. Wadiah
dinyatakan sebesar titipan pemegang giro di demand deposits are stated at the amounts due
entitas anak Bank. to the depositors in Bank’s subsidiary.
Tabungan wadiah merupakan simpanan pihak Wadiah savings deposits represent third party
lain yang mendapatkan bonus berdasarkan funds which earn bonus based on the
kebijakan entitas anak Bank. Tabungan wadiah subsidiary of the Bank’s policy. Wadiah savings
dinyatakan sebesar nilai investasi pemegang deposits are stated at the investment amounts
tabungan di entitas anak Bank. due to the depositors in Bank’s subsidiary.
Sertifikat Investasi Mudharabah Antar Bank The Interbank Mudharabah Investment
(sertifikat IMA) didefinisikan sebagai sertifikat Certificate (IMA certificate) is defined as a
yang diterbitkan oleh bank syariah atau Unit certificate issued by a sharia bank or Sharia
Usaha Syariah yang digunakan sebagai sarana Business Unit which is used as a means of
investasi jangka pendek di PUAS dengan akad short-term investment in PUAS with a
mudharabah. mudharabah contract.
Tabungan mudharabah merupakan simpanan Mudharabah savings deposits represent third
pihak lain yang mendapatkan imbal bagi hasil party funds which earn profit sharing in return
atas penggunaan dana sesuai dengan nisbah for utilization of funds in accordance with pre-
yang telah ditetapkan dan disetujui determined and pre-approved revenue sharing
sebelumnya. (nisbah).
Deposito berjangka mudharabah merupakan Mudharabah time deposits represent deposits
simpanan pihak lain yang hanya dapat ditarik from third parties which can be withdrawn only
pada waktu tertentu sesuai dengan perjanjian at specified dates based on the agreement
antara pemegang deposito dengan entitas anak between the depositors and the Bank’s
Bank. Deposito berjangka mudharabah subsidiary. Mudharabah time deposits are
dinyatakan sebesar nilai nominal. stated at nominal amounts.
Tabungan mudharabah merupakan simpanan Mudharabah savings deposits represent third
pihak lain yang mendapatkan imbal bagi hasil party funds which earn profit sharing in return
atas penggunaan dana sesuai dengan nisbah for utilization of funds in accordance with pre-
yang telah ditetapkan dan disetujui determined and pre-approved revenue sharing
sebelumnya. (nisbah).
Deposito berjangka mudharabah merupakan Mudharabah time deposits represent deposits
simpanan pihak lain yang hanya dapat ditarik from third parties which can be withdrawn only
pada waktu tertentu sesuai dengan perjanjian at specified dates based on the agreement
antara pemegang deposito dengan entitas anak between the depositors and the Bank’s
Bank. Deposito berjangka mudharabah subsidiary. Mudharabah time deposits are
dinyatakan sebesar nilai nominal. stated at nominal amounts.
v. Simpanan dari bank lain v. Deposits from other banks
Simpanan dari bank lain terdiri dari liabilitas Deposits from other banks represent liabilities
terhadap bank Iain, baik dalam maupun luar to domestic and overseas banks, in the form of
negeri, dalam bentuk tabungan, giro, interbank saving deposits, demand deposits, interbank
call money yang jatuh tempo menurut perjanjian call money with original maturities of 90 days or
tidak lebih dari 90 hari, dan deposito berjangka. less, and time deposits.
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Page 552
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
v. Simpanan dari bank lain (lanjutan) v. Deposits from other banks (continued)
Simpanan dari bank lain diklasifikasikan Deposits from other banks are classified as
sebagai liabilitas yang diukur pada biaya liabilities measured at amortised cost, which are
perolehan diamortisasi, yang diakui pada nilai initially recognized at fair value plus directly
wajar ditambah biaya transaksi yang dapat attributable transaction costs, if any, and
diatribusikan secara langsung, jika ada, pada subsequently are measured at amortised cost
pengakuan awal dan selanjutnya diukur pada using the effective interest rate method.
biaya perolehan diamortisasi dengan Amortized cost is calculated by taking into
menggunakan metode suku bunga efektif. account any discount or premium related to the
Biaya perolehan diamortisasi dihitung dengan initial recognition of deposits from other Banks
memperhitungkan adanya diskonto atau premi and transaction costs that are an integral part of
terkait dengan pengakuan awal simpanan dari the effective interest rate.
bank lain dan biaya transaksi yang merupakan
bagian yang tidak terpisahkan dari suku bunga
efektif.
Simpanan dari bank lain termasuk simpanan Deposits from other banks include Sharia
syariah dalam bentuk giro wadiah, tabungan deposits in the form of wadiah demand
mudharabah, dan investasi tidak terikat yang deposits, mudharabah savings deposits, and
terdiri dari deposito berjangka mudharabah. unrestricted investments which consist of
mudharabah time deposits.
w. Pinjaman yang diterima w. Borrowings
Pinjaman yang diterima merupakan dana yang Borrowings are funds received from the
diterima dari Pemerintah Indonesia, Bank Government of the Republic of Indonesia, Bank
Indonesia, bank lain atau pihak lain dengan Indonesia, other banks, or other parties with
kewajiban pembayaran kembali sesuai dengan payment obligation based on borrowing
persyaratan perjanjian pinjaman. agreements.
Pinjaman yang diterima diklasifikasikan sebagai Borrowings are classified as liabilities measured
liabilitas yang diukur pada biaya perolehan at amortised cost which are initially recognized
diamortisasi, yang pada pengakuan awal at fair value less directly attributable transaction
dinyatakan sebesar nilai wajar dikurangi biaya costs, if any, and subsequently measured at
transaksi yang dapat diatribusikan secara amortised cost using the effective interest rate
langsung, jika ada, dan kemudian dinyatakan method. Amortized cost is calculated by taking
sebesar biaya perolehan diamortisasi dengan into account any discount or premium related to
menggunakan metode suku bunga efektif. the initial recognition of borrowings and
Biaya perolehan diamortisasi dihitung dengan transaction costs that are an integral part of the
memperhitungkan adanya diskonto atau premi effective interest rate.
terkait dengan pengakuan awal pinjaman
diterima dan biaya transaksi yang merupakan
bagian yang tidak terpisahkan dari suku bunga
efektif.
x. Surat berharga yang diterbitkan x. Marketable securities issued
Surat berharga yang diterbitkan diklasifikasikan Marketable securities issued are classified as
sebagai liabilitas yang diukur pada biaya liabilities measured at amortised cost which are
perolehan diamortisasi, yang pada pengakuan initially recognized at fair value less directly
awal dinyatakan sebesar nilai wajar dikurangi attributable transaction costs and subsequently
biaya transaksi yang dapat diatribusikan secara measured at amortised cost using the effective
langsung dan kemudian dinyatakan sebesar interest rate method. Amortized cost is
biaya perolehan diamortisasi dengan calculated by taking into account any discount
menggunakan metode suku bunga efektif. or premium related to the initial recognition of
Biaya perolehan diamortisasi dihitung dengan securities issued and transaction costs that are
memperhitungkan adanya diskonto atau premi an integral part of the effective interest rate.
terkait dengan pengakuan awal surat berharga
yang diterbitkan dan biaya transaksi yang
merupakan bagian yang tidak terpisahkan dari
suku bunga efektif.
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Page 553
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
y. Pendapatan dan beban bunga y. Interest income and expense
Untuk seluruh instrumen keuangan diukur pada For all financial instruments measured at
biaya perolehan diamortisasi, aset keuangan amortised cost, interest bearing financial assets
dengan pendapatan bunga yang classified as fair value through other
diklasifikasikan sebagai tersedia untuk dijual, comprehensive income, and financial
dan instrumen keuangan yang ditetapkan pada instruments designated at fair value through
nilai wajar melalui laba rugi, pendapatan profit or loss, interest income or expense is
maupun beban bunga diakui dengan recorded using the effective interest rate
menggunakan metode suku bunga efektif, yaitu method, which is the rate that exactly discounts
suku bunga yang akan mendiskonto secara estimated future cash payments or receipts
tepat estimasi pembayaran atau penerimaan through the expected life of the financial
kas di masa datang sepanjang perkiraan umur instrument or a shorter period, where
instrumen keuangan tersebut atau, jika lebih appropriate, to the net carrying amount of the
tepat untuk masa yang lebih singkat untuk nilai financial asset or financial liability.
tercatat neto dari aset keuangan atau liabilitas
keuangan.
Perhitungan dilakukan dengan The calculation takes into account all
memperhitungkan seluruh syarat dan ketentuan contractual terms of the financial instrument
kontraktual dari instrumen keuangan dan biaya and includes any fees or incremental costs that
tambahan yang timbul secara langsung untuk are directly attributable to the instrument and
instrumen tersebut dan merupakan bagian tidak are an integral part of the effective interest rate.
terpisahkan dari suku bunga efektif.
Pendapatan dan beban bunga yang disajikan di Interest income and expenses presented in the
dalam laporan laba rugi konsolidasian dan statements of profit or loss and other
penghasilan komprehensif lain meliputi: comprehensive income include:
a. Pendapatan dan beban bunga atas aset a. Interest income and expense on financial
keuangan yang diukur pada nilai wajar assets measured at fair value through
melalui penghasilan komprehensif lain other comprehensive income as well as
serta aset keuangan dan liabilitas financial assets and financial liabilities
keuangan yang dicatat berdasarkan biaya recorded at amortized cost are recognized
perolehan diamortisasi, diakui pada in the consolidated statement of profit or
laporan laba rugi konsolidasian dengan loss using the effective interest method.
menggunakan metode suku bunga efektif.
Jumlah tercatat bruto aset keuangan b. The gross carrying amount of a financial
adalah biaya perolehan diamortisasi aset asset is the amortized cost of a financial
keuangan sebelum disesuaikan dengan asset before adjusting for allowance for
cadangan penurunan nilai. impairment.
c.
Dalam menghitung pendapatan dan beban In calculating interest income and
bunga, tingkat bunga efektif diterapkan expenses, the effective interest rate is
pada jumlah tercatat bruto aset (ketika applied to the gross carrying amount of an
aset tersebut bukan aset keuangan asset (when the asset is not a deteriorated
memburuk) atau terhadap biaya perolehan financial asset) or to the amortized cost of
diamortisasi dari liabilitas. a liability.
Untuk aset keuangan yang memburuk For financial assets that deteriorated after
setelah pengakuan awal, pendapatan initial recognition, interest income is
bunga dihitung dengan menerapkan calculated by applying an effective interest
tingkat bunga efektif terhadap biaya rate to the amortized cost of the financial
perolehan diamortisasi dari aset keuangan assets. If the asset no longer deteriorates,
tersebut. Jika aset tersebut tidak lagi the calculation of interest income will be
memburuk, maka perhitungan pendapatan calculated by applying an effective interest
bunga akan dihitung dengan menerapkan rate to the gross carrying amount of the
tingkat bunga efektif terhadap nilai tercatat financial asset.
bruto dari aset keuangan tersebut.
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Page 554
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
y. Pendapatan dan beban bunga (lanjutan) y. Interest income and expense (continued)
Untuk aset keuangan yang telah For financial assets that have deteriorated
memburuk pada saat pengakuan awal, at initial recognition, interest income is
pendapatan bunga dihitung dengan calculated by applying the effective
menerapkan tingkat bunga efektif terhadap interest rate to the amortized cost of the
biaya perolehan diamortisasi dari aset financial assets. If the asset no longer
keuangan tersebut. Jika aset tersebut tidak deteriorates, the calculation of interest
lagi memburuk, maka perhitungan income will still be calculated by applying
pendapatan bunga akan tetap dihitung the effective interest rate to the amortized
dengan menerapkan tingkat bunga efektif cost of the financial asset.
terhadap biaya perolehan diamortisasi dari
aset keuangan tersebut.
b. Keuntungan dan kerugian yang timbul dari c. b. Gains and losses arising from changes in
perubahan nilai wajar atas aset keuangan the fair value of financial assets other than
yang diklasifikasikan dalam kelompok foreign exchange gains or losses on debt
diakui secara langsung dalam laporan laba instrument are recognized directly in other
rugi komprehensif (merupakan bagian dari comprehensive income (as part of equity),
ekuitas) sampai aset keuangan tersebut until the financial asset is derecognized or
dihentikan pengakuannya atau adanya impaired, except gain or loss arising from
penurunan nilai, kecuali keuntungan atau changes in exchanges rate for debt
kerugian akibat perubahan nilai tukar untuk instrument.
instrumen utang.
d.
Pada saat aset keuangan dihentikan When a financial asset is derecognized or
pengakuannya atau dilakukan penurunan impaired, the cumulative gains or losses
nilai, keuntungan atau kerugian kumulatif previously recognized in equity are
yang sebelumnya diakui dalam ekuitas recognized in profit or loss.
harus diakui pada laporan laba rugi.
a. Pendapatan dan beban bunga atas a. Interest income and expense on fair
aset diukur pada nilai wajar melalui value through other comprehensive
penghasilan komprehensif lain income assets and financial assets
serta aset keuangan dan liabilitas and liabilities measured at amortised
keuangan yang dicatat berdasarkan cost, are recognized in the profit or
biaya perolehan diamortisasi, diakui loss using the effective interest rate
pada laporan laba rugi dengan method.
menggunakan metode suku bunga
efektif.
b. Keuntungan dan kerugian yang timbul b. Gains and losses arising from
dari perubahan nilai wajar aset changes in the fair value of the
keuangan dan liabilitas keuangan financial assets and liabilities
yang diklasifikasikan sebagai diukur classified as fair value through profit or
pada nilai wajar melalui laporan laba loss are included in the profit or loss.
rugi diakui pada laporan laba rugi.
Jika aset keuangan atau kelompok aset Once a financial asset or a group of similar
keuangan serupa telah diturunkan nilainya financial assets’ value has been written down
sebagai akibat kerugian penurunan nilai, maka as a result of an impairment loss, interest
pendapatan bunga yang diperoleh setelahnya income is recognized as the unimpaired portion
diakui atas bagian aset keuangan yang tidak of the impaired financial assets using the rate of
mengalami penurunan nilai dari aset keuangan interest used to discount the future cash flows
yang mengalami penurunan nilai, berdasarkan for the purpose of measuring the impaired loss.
suku bunga yang digunakan untuk mendiskonto
arus kas masa datang dalam menghitung
kerugian penurunan nilai.
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Page 555
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
y. Pendapatan dan beban bunga (lanjutan) y. Interest income and expense (continued)
Kredit yang pembayaran angsuran pokok atau Loans with principal and interest payment that
bunganya telah lewat 90 hari atau lebih setelah have been past due for 90 days or more, or
jatuh tempo atau yang pembayarannya secara where reasonable doubts regarding the timely
tepat waktu diragukan, secara umum collection exist, are generally classified as
diklasifikasikan sebagai kredit yang mengalami impaired loans.
penurunan nilai.
Beban diakui pada saat terjadinya. Expenses are recognized when incurred.
Nilai tercatat aset atau liabilitas keuangan The carrying amount of the financial asset or
disesuaikan jika Grup merevisi estimasinya financial liability is adjusted if the Group revise
untuk pembayaran maupun penerimaan. Nilai their estimates of payments or receipts. The
tercatat yang disesuaikan tersebut dihitung adjusted carrying amount is calculated based
dengan menggunakan suku bunga efektif awal on the original effective interest rate and the
dan perubahannya dicatat pada laba rugi. change in carrying amount is recorded in the
Tetapi untuk aset keuangan yang telah profit or loss. However, for a reclassified
direklasifikasi, dimana pada periode berikutnya financial asset for which the Group
Grup meningkatkan estimasi penerimaan kas subsequently increase their estimates of future
sebagai hasil dari peningkatan pengembalian cash receipts as a result of increased
penerimaan kas, dampak peningkatan recoverability of those cash receipts, the effect
pemulihan tersebut diakui sebagai penyesuaian of that increase is recognized as an adjustment
pada suku bunga efektif sejak tanggal to the effective interest rate from the date of the
perubahan estimasi. change in estimate.
Pendapatan dan beban bunga termasuk Income and interest expense include margin
pendapatan margin dan bagi hasil serta beban and profit sharing revenue and expenses for the
hak pihak ketiga atas bagi hasil dana syirkah rights of any third party for the temporary
temporer dari Entitas Anak Syariah. syirkah fund of Sharia Subsidiary.
Pendapatan Entitas Anak Syariah terdiri dari Revenues of Sharia Subsidiary consist of
pendapatan margin murabahah, bagi hasil dari murabahah margin, profit sharing mudharabah
pembiayaan mudharabah dan musyarakah. and musyarakah financing.
Pendapatan dari murabahah diakui dengan Revenue from murabahah is recognized using
menggunakan metode akrual. the accrual method.
Pendapatan dari transaksi pembiayaan atas Revenue incurred from of financing
dasar bagi hasil diakui pada saat angsuran transactions for profit and loss sharing are
diterima secara tunai. recognized when received in cash installments.
Pendapatan Ijarah diakui selama masa akad Ijarah income is recognized proportionately
secara proporsional. over the contract period.
Pendapatan atas piutang murabahah Income from murabahah receivables using the
menggunakan metode setara tingkat imbal hasil effective rate of return method (effective
efektif (margin efektif). Margin efektif adalah margin). Effective margin is the margin that
margin yang secara tepat mendiskontokan precisely discounts the estimated future cash
estimasi pembayaran atau penerimaan kas di payments or receipts through the expected life
masa datang selama perkiraan umur dari of the murabahah receivables. When
piutang murabahah. Pada saat menghitung calculating the effective margin, Bank estimates
margin efektif, Bank mengestimasi arus kas di the future cash flows considering all contractual
masa datang dengan mempertimbangkan terms of the financial instrument, but does not
seluruh persyaratan kontraktual dalam consider the loss of receivables in the future.
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PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
y. Pendapatan dan beban bunga (lanjutan) y. Interest income and expense (continued)
instrumen keuangan tersebut, tetapi tidak This calculation includes all commissions,
mempertimbangkan kerugian piutang di masa provision fees and other forms accepted by the
mendatang. Perhitungan ini mencakup seluruh parties in the contract that are an inseparable
komisi, provisi dan bentuk lain yang diterima part of the effective margin, transaction costs
oleh para pihak dalam kontrak yang merupakan and all other premiums or discounts.
bagian tak terpisahkan dari margin efektif, biaya
transaksi, dan seluruh premi atau diskon
lainnya.
Pendapatan bagi hasil pembiayaan Mudharabah and musyarakah income are
mudharabah dan musyarakah diakui pada saat recognized when cash is received or in a period
diterima atau dalam periode terjadinya hak bagi where the right of revenue sharing is due based
hasil sesuai porsi bagi hasil (nisbah) yang on agreed portion (nisbah).
disepakati.
Beban Unit Usaha Syariah merupakan beban Sharia Business Unit expenses represent a
bagi hasil dan bonus giro dan tabungan wadiah, profit or loss sharing expense and current
yang diakui pada saat timbulnya kewajiban accounts and wadiah saving account, which
untuk melakukan bagi hasil sesuai dengan are recognized when the obligation occurred in
nisbah yang disepakati. accordance with the pre-agreed ratio.
z. Pendapatan dan beban provisi dan komisi z. Fees and commission income and expense
Pendapatan dan beban provisi dan komisi atas Fees and commissions income and expense of
aset dan liabilitas keuangan yang merupakan financial assets and liabilities, which are an
bagian dari suku bunga efektif, dimasukkan integral part of the effective interest rate are
dalam perhitungan suku bunga efektif. being taken into account in calculating the
Pendapatan dan beban ini diamortisasi effective interest rate. These income and
sepanjang umur aset atau liabilitas keuangan. expense are amortized during the life of
financial assets or liabilities.
Provisi dan komisi yang tidak berkaitan dengan Commissions and fees not related to lending
kegiatan perkreditan dan pinjaman yang and borrowing activities or loan and borrowing
diterima atau jangka waktu perkreditan dan periods, or those that are not material are
pinjaman yang diterima, atau jumlahnya tidak recognized as revenues and expenses at the
material diakui sebagai pendapatan atau beban time the transactions occur.
pada saat terjadinya transaksi.
aa. Perpajakan aa. Taxation
Aset dan liabilitas pajak penghasilan kini diakui Current income tax assets and liabilities are
sebesar jumlah yang diperkirakan dapat provided at the amount expected to be
diperoleh dari atau dibayar kepada otoritas recovered from or paid to the tax authority
perpajakan yang dihitung dengan which are computed using the tax rates (and tax
menggunakan tarif pajak (dan peraturan pajak) laws) that have been enacted or substantively
yang berlaku atau yang secara substantif enacted at the reporting date.
diberlakukan pada tanggal pelaporan.
Pajak penghasilan tangguhan dihitung dengan Deferred income tax is calculated using the
menggunakan metode liabilitas, terhadap liability method, on all temporary differences at
semua perbedaan temporer pada tanggal the consolidated statement of financial position
laporan posisi keuangan konsolidasian antara date between the tax base of assets and
aset dan liabilitas menurut pajak dan liabilities and their carrying amounts for financial
nilai tercatatnya untuk tujuan pelaporan reporting purposes. Deferred tax assets and
keuangan. Pajak tangguhan dihitung dengan liabilities are measured at the tax rates (and tax
menggunakan tarif pajak (dan peraturan pajak) laws) that have been enacted or substantively
yang berlaku atau yang secara substansif enacted to the year when the asset is realized
diberlakukan pada tahun dimana aset tersebut or the liability is settled.
direalisasikan atau liabilitas tersebut
diselesaikan.
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Page 557
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
aa. Perpajakan (lanjutan) aa. Taxation (continued)
Liabilitas pajak tangguhan diakui atas seluruh Deferred tax liabilities are recognized for all
perbedaan temporer kena pajak, kecuali taxable temporary differences, except to the
perbedaan temporer kena pajak yang berasal extent that the deferred tax liability arises from:
dari:
a. pengakuan awal goodwill; atau a. the initial recognition of goodwill; or
b. pengakuan awal aset atau liabilitas dari b. the initial recognition of an asset or liability
transaksi yang bukan kombinasi bisnis dan in a transaction which is nor a business
pada saat transaksi tidak memengaruhi combination and at the time of the
laba akuntansi atau laba kena pajak (rugi transaction, affects neither accounting
pajak) profit nor taxable profit (tax loss)
Aset pajak tangguhan diakui untuk perbedaan Deferred tax assets are recognized for all
temporer yang dapat dikurangkan untuk deductible temporary differences and carry
keperluan pajak dan saldo rugi fiskal yang forward of unused tax losses, to the extent that
dapat dikompensasi, sepanjang besar it is probable that taxable profit will be available
kemungkinan terdapat laba kena pajak pada against which the deductible temporary
masa datang yang dapat dimanfaatkan atas differences and unused tax losses can be
perbedaan temporer yang dapat dikurangkan utilized.
untuk keperluan pajak dan saldo rugi fiskal
yang dapat dikompensasi tersebut.
Aset dan liabilitas pajak tangguhan dapat saling Deferred tax assets and liabilities are offset
hapus apabila terdapat hak yang berkekuatan when there is a legally enforceable right to
hukum untuk melakukan saling hapus antara offset current tax assets against current tax
aset pajak kini dengan liabilitas pajak kini dan liabilities and when the deferred tax assets and
apabila aset dan liabilitas pajak tangguhan liabilities relate to income taxes levied by the
terkait dengan pajak penghasilan yang same tax authority on either the same taxable
dikenakan oleh otoritas perpajakan yang sama, entity or different taxable entities and where
baik atas entitas kena pajak yang sama there is an intention to settle those balances on
ataupun berbeda dan adanya niat untuk a net basis.
melakukan penyelesaian saldo-saldo tersebut
secara neto.
Aset dan liabilitas pajak kini dapat saling hapus Current tax assets and liabilities are offset when
apabila memiliki hak yang dapat dipaksakan there is a legally enforceable right to set off the
secara hukum untuk melakukan saling hapus recognized amounts, and intends either to settle
atas jumlah yang diakui dan bermaksud untuk on a net basis or to realize the assets and settle
menyelesaikan dengan dasar neto atau liabilities simultaneously.
merealisasikan aset dan menyelesaikan
liabilitas secara bersamaan.
Perubahan atas liabilitas pajak dicatat pada Amendments to tax obligations are recorded
saat surat ketetapan pajak diterima atau, when a tax assessment is received or, if
apabila diajukan keberatan dan atau banding, objected or appealed against, when the result of
diakui pada saat hasil dari keberatan dan atau the objection or appeal is determined.
banding diterima.
Taksiran pajak penghasilan Grup dihitung untuk The income tax of the Group is computed for
masing-masing perusahaan sebagai badan each company as a separate legal entity.
hukum terpisah. Aset pajak kini dan liabilitas Current tax assets and current tax liabilities for
pajak kini untuk badan hukum yang berbeda different legal entities are not offset in the
tidak disalinghapuskan dalam laporan consolidated financial statements.
keuangan konsolidasian.
- 72 -
Page 558
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
ab. Laba (rugi) per saham ab. Earnings (loss) per share
Laba (rugi) per saham dasar dihitung dengan Basic earnings (loss) per share is computed by
membagi laba (rugi) tahun berjalan yang dapat dividing income (loss) for the year attributable to
diatribusikan kepada pemegang saham biasa ordinary equity holders of the parent entity by
entitas induk dengan jumlah rata-rata the weighted average number of shares
tertimbang saham yang beredar pada tahun outstanding during the year.
yang bersangkutan.
Rugi per saham dilusian dihitung dengan Diluted loss per share is computed by dividing
membagi laba (rugi) tahun berjalan yang dapat earnings (loss) for the year attributable to
diatribusikan kepada pemegang saham biasa ordinary equity holders of the parent entity by
entitas induk dengan rata-rata tertimbang the weighted average number of shares
saham yang beredar pada tahun yang outstanding during the year adjusted for the
bersangkutan yang disesuaikan dengan assumed conversion of all dilutive potential
mengasumsikan konversi surat berharga ordinary shares.
berpotensi saham yang sifatnya dilutif.
ac. Imbalan kerja ac. Employee benefits
Kewajiban Pensiun Pension Obligations
Grup mempunyai program pensiun sesuai The Group have pension schemes in
dengan Undang-Undang No. 11/2020 tentang accordance with Law No. 11/2020 on Job
Cipta Kerja (“Undang-Undang Cipta Kerja”) Creation (the “Job Creation Law”) or the
atau Perjanjian Kerja Bersama (“PKB”) atau Group’s Collective Labour Agreement (the
Peraturan Perusahaan (“PP”). Karena UU Cipta “CLA”) or Company Regulation (“CR”). Since
Kerja atau UU Ketenagakerjaan atau PKB atau the Job Creation Law or Labour Law or the CLA
PP menentukan rumus tertentu untuk or the CR sets the formula for determining the
menghitung jumlah minimal imbalan pensiun, minimum amount of benefits, in substance
pada dasarnya, program pensiun berdasarkan pension plans under the Job Creation Law or
UU Cipta Kerja atau UU Ketenagakerjaan atau Labour Law or the CLA or the CR represent
PKB atau PP adalah program iuran pasti. defined contribution plans.
Program pensiun iuran pasti adalah program A defined contribution plan is a pension plan
pensiun yang menentukan jumlah iuran pensiun that defines an amount of pension contribution
yang akan dibayarkan, yang pemberiannya to be paid, usually as a function of one or more
biasanya didasarkan pada satu faktor atau lebih factors such as years of service or
seperti masa kerja atau kompensasi. compensation.
Kewajiban program iuran pasti yang diakui di The liability recognized in the consolidated
laporan posisi keuangan konsolidasian dihitung statements of financial position in respect of
sebesar nilai kini dari estimasi kewajiban defined contribution plans is calculated at
imbalan pascakerja di masa depan yang timbul present value of estimated future benefits that
dari jasa yang telah diberikan oleh karyawan the employees have earned in return for their
pada masa kini dan masa lalu. Perhitungan services in the current and prior period. The
dilakukan oleh aktuaris independen dengan calculation is performed by an independent
metode projected unit credit. actuary using the projected unit credit method.
Biaya pemutusan kontrak kerja dan Termination costs and curtailment gain or loss
keuntungan/kerugian kurtailmen diakui pada are recognized in the period when Bank is
periode dimana Bank menunjukkan demonstrably committed to make a significant
komitmennya untuk mengurangi secara reduction in the number of employees covered
signifikan jumlah pekerja yang ditanggung oleh by a plan.
program.
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Page 559
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
ac. Imbalan kerja (lanjutan) ac. Employee benefits (continued)
Kewajiban Pensiun (lanjutan) Pension Obligations (continued)
Sejak tahun 2008, Bank juga memberikan Starting 2008, the Bank provided long service
penghargaan masa dinas untuk karyawan yang awards for employees whose work periods
telah menyelesaikan masa kerja selama 10 reach 10 years or above. For such benefits,
tahun atau lebih. Untuk manfaat tersebut, PSAK SFAS 24 (Revised 2013) requires an
24 (Revisi 2013) mengharuskan perlakuan accounting treatment similar to that for defined
akuntansi yang hampir sama dengan akuntansi benefit plans (as described in the previous
untuk program manfaat pasti (sebagaimana paragraph), except that the actuarial gains and
disajikan pada paragraf sebelum ini), kecuali losses should all be recognized immediately in
bahwa semua keuntungan dan kerugian the current year’s profit or loss.
aktuarial yang timbul harus diakui sekaligus
laba rugi tahun berjalan.
Sejak tahun 2014, Bank memberikan imbalan Starting 2014, the Bank provides benefit of
masa persiapan pensiun yaitu imbalan kepada pension preparation period, i.e. benefit for
karyawan sebelum usia pensiun dimana employees before retirement age whereby the
karyawan dibebaskan dari tugas-tugas rutin dan employee is freed from routine tasks and is not
tidak perlu masuk kerja, tetapi tetap required to present at work, but still receives
memperoleh fasilitas kepegawaian tertentu dan certain employment facilities and starting 2013,
sejak tahun 2013, Bank memberikan asuransi the Bank provides pension health insurance for
kesehatan pensiun kepada karyawan yang employees and their spouses during 2 years
telah memasuki usia pensiun dan pasangannya after the employees’ pension date. Estimated
selama 2 tahun setelah tanggal karyawan liability for these benefits is calculated using
pensiun. Estimasi kewajiban untuk imbalan ini same accounting treatment with the calculation
dihitung dengan menggunakan perlakuan for defined benefit pension plan.
akuntansi yang sama dengan perhitungan
untuk program pensiun imbalan pasti.
ad. Segmen operasi ad. Operating segment
Segmen operasi adalah komponen Grup yang An operating segment is a Group’s component
terlibat dalam aktivitas bisnis yang memperoleh that involves in business activities from which it
pendapatan dan menimbulkan beban, yang may earn revenues and incur expenses, whose
hasil operasinya dikaji ulang secara reguler operating results are regularly reviewed by chief
oleh pengambil keputusan operasional untuk operating decision maker to make decision
membuat keputusan tentang sumber daya yang about resources to be allocated to the segment
dialokasikan pada segmen tersebut dan menilai and assess its performance and for which
kinerjanya serta tersedia informasi keuangan discrete financial information is available. The
yang dapat dipisahkan. Segmen operasi terbagi operating segment has been determined to be
dalam kelompok konvensional, pembiayaan, conventional, multi-finance, and sharia.
dan syariah.
Segmen geografis adalah komponen Grup yang A geographical segment is a distinguishable
dapat dibedakan dalam menghasilkan jasa component of the Group that is engaged in
pada lingkungan (wilayah) ekonomi tertentu dan providing services within a particular economic
komponen itu memiliki risiko dan imbalan yang environment and that is subject to risks and
berbeda dengan risiko dan imbalan pada returns that are different from those operating in
komponen yang beroperasi pada lingkungan other economic environments. The Group
(wilayah) ekonomi lain. Grup melaporkan reports geographical segment information
segmen geografis berdasarkan daerah Jakarta, based on Jakarta, Bogor, Tangerang, Bekasi
Bogor, Tangerang, Bekasi (Jabotabek), Jawa (Jabotabek), Java excluding Jabotabek,
selain Jabotabek, Sumatera, Kalimantan, dan Sumatera, Kalimantan, and others.
lain-lain.
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Page 560
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
ae. Transaksi dan saldo dengan pihak-pihak ae. Transactions and balances with related
berelasi parties
Pihak berelasi adalah orang atau entitas yang A related party is a person or entity that is
terkait dengan entitas yang menyiapkan laporan related to the entity that is preparing its financial
keuangannya (entitas pelapor). Pihak berelasi statements (reporting entity). Related parties
adalah sebagai berikut: are:
i) Orang atau anggota keluarga dekatnya i) A person or a close member of that
mempunyai relasi dengan entitas pelapor person’s family is related to a reporting
jika orang tersebut: entity if that person:
a) Memiliki pengendalian atau a) Has control or joint control of the
pengendalian bersama atas entitas reporting entity;
pelapor;
b) Memiliki pengaruh signifikan atas b) Has control or joint control of the
entitas pelapor; atau reporting entity; or
c) Merupakan personil manajemen kunci c) Is a member of the key management
entitas pelapor atau entitas induk personnel of the reporting entity or of
entitas pelapor. a parent of the reporting entity.
ii) Entitas mempunyai relasi dengan entitas ii) An entity is related to a reporting entity if
pelapor jika entitas tersebut: any of the following conditions applies:
a) Entitas dan entitas pelapor adalah a) The entity and the reporting entity are
anggota dari kelompok usaha yang members of the same group (which
sama (artinya entitas induk, entitas means that each parent, subsidiary
anak, dan entitas anak berikutnya and fellow subsidiary is related to
saling berelasi dengan entitas lain); others);
b) Satu entitas adalah entitas asosiasi b) One entity is an associate or joint
atau ventura bersama dari entitas lain venture of the other entity (or an
(atau entitas asosiasi atau ventura associate or joint venture of a
bersama yang merupakan anggota member of a group of which the other
suatu kelompok usaha, yang mana entity is a member);
entitas lain tersebut adalah
anggotanya);
c) Kedua entitas tersebut adalah ventura c) Both entities are joint ventures of the
bersama dari pihak ketiga yang sama; same third party;
d) Satu entitas adalah ventura bersama d) One entity is a joint venture of a third
dari entitas ketiga dan entitas yang lain entity and the other entity is an
adalah entitas asosiasi dari entitas associate of the third entity;
ketiga;
e) Entitas tersebut adalah suatu program e) The entity is a post-employment
imbalan pascakerja untuk imbalan benefit plan for the benefit of
kerja dari salah satu entitas pelapor employees of either the reporting
atau entitas yang terkait dengan entity or an entity related to the
entitas pelapor. Jika entitas pelapor reporting entity. If the reporting entity
adalah entitas yang is itself such a plan, the sponsoring
menyelenggarakan program tersebut, employers are also related to the
maka entitas sponsor juga berelasi reporting entity;
dengan entitas pelapor;
f) Entitas yang dikendalikan atau f) The entity is controlled or jointly
dikendalikan bersama oleh orang yang controlled by a person identified in i);
diidentifikasi sebagaimana dimaksud
dalam angka i);
g) Orang yang diidentifikasi sebagaimana g) A person identified in i) a) has
dimaksud dalam angka i) a) memiliki significant influence over the entity or
pengaruh signifikan atas entitas atau is a member of the key management
merupakan personil manajemen kunci personnel of the entity (or a parent of
entitas (atau entitas induk dari entitas); the entity); or
atau
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Page 561
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
ae. Transaksi dan saldo dengan pihak-pihak ae. Transactions and balances with related
berelasi (lanjutan) parties (continued)
h) Entitas, atau anggota dari kelompok h) Entities, or members of the group to
yang mana entitas merupakan bagian which the entity is part of the group,
dari kelompok tersebut, menyediakan providing services to the entity’s key
jasa personil manajemen kunci kepada management personnel or to the
entitas pelapor atau kepada entitas parent’s entity of the reporting entity.
induk dari entitas pelapor.
Transaksi ini dilakukan berdasarkan The transactions are made based on terms
persyaratan yang disetujui oleh kedua belah agreed by the parties, whereby such terms may
pihak, dimana persyaratan tersebut mungkin not be the same as those transactions with non-
tidak sama dengan transaksi yang dilakukan related parties.
dengan pihak-pihak yang tidak berelasi.
Semua transaksi dan saldo yang signifikan All significant transactions and balances with
dengan pihak berelasi, baik yang dilakukan related parties, whether or not conducted under
dengan syarat normal sebagaimana dilakukan terms and conditions similar to those granted to
dengan pihak ketiga, maupun tidak, telah third parties, are disclosed in the notes to the
diungkapkan pada catatan atas laporan consolidated financial statements.
keuangan konsolidasian.
af. Dividen af. Dividends
Pembagian dividen kepada para pemegang Dividend distribution to the shareholders is
saham diakui sebagai liabilitas dalam laporan recognized as a liability in the consolidated
keuangan konsolidasian pada periode ketika financial statements in the period in which the
dividen tersebut disetujui oleh para pemegang dividends are approved by the shareholders.
saham.
ag. Beban emisi saham ag. Shares issuance cost
Beban yang terjadi sehubungan dengan Costs related to the public offering (including
penawaran saham kepada masyarakat limited public offering with pre-emptive rights)
(termasuk penawaran umum terbatas dengan are deducted from the proceeds and presented
hak memesan efek terlebih dahulu) as a deduction to additional paid-in capital.
dikurangkan langsung dari hasil emisi dan
disajikan sebagai pengurang tambahan modal
disetor.
ah. Perubahan dalam kebijakan akuntansi dan ah. Changes in accounting policies and
pengungkapan pada tahun 2023 disclosures in 2023
Berikut adalah revisi, amandemen dan The following are revision, amendments and
penyesuaian atas Standar Akuntansi Keuangan adjustments to Financial Accounting Standard
(SAK) yang berlaku efektif untuk tahun buku (FAS) that are effective for the financial year
yang dimulai pada atau setelah 1 Januari 2023, that starting or after January 1, 2023, are as
yaitu: follows:
• Amendemen PSAK No. 1: “Penyajian • Amendment to SFAS No. 1: “Presentation
Laporan Keuangan” tentang of Financial Statements” regarding
Pengungkapan Kebijakan Akuntansi yang Disclosure of Accounting Policies that
Mengubah Istilah “Signifikan” menjadi Change the Term “Significant” to “Material”
“Material” dan Memberi Penjelasan and Provide Explanations of Material
mengenai Kebijakan Akuntansi Material Accounting Policies
• Amendemen PSAK No. 16, Aset Tetap: • Amendment to SFAS No. 16, Property,
Hasil sebelum Penggunaan yang Plant and Equipment: Proceeds before
Diintensikan Intended Use
• Amendemen PSAK No. 25, Kebijakan • Amendment to SFAS No. 25, Accounting
Akuntansi, Perubahan Estimasi Akuntansi Policies, Changes in Accounting Estimates
dan Kesalahan: Definisi Estimasi Akuntansi and Erros: Definition of Accounting
Estimates
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Page 562
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
2. Informasi Kebijakan Akuntansi Material 2. Material Accounting Policy Information
(lanjutan) (continued)
ah. Perubahan dalam kebijakan akuntansi dan ah. Changes in accounting policies and
pengungkapan pada tahun 2023 (lanjutan) disclosures in 2023 (continued)
• Amendemen PSAK No. 46, Pajak • Amendment to SFAS No. 46, Income
Penghasilan: Pajak Tangguhan terkait Aset Taxes: Deferred Tax related to Assets and
dan Liabilitas yang Timbul dari Transaksi Liabilities Arising from a Single Transaction
Tunggal
• Amendemen PSAK No. 107, “Akuntansi • Amendment to SFAS No. 107, “Ijarah
Ijarah” Accounting”
Implementasi dari standar-standar tersebut The implementation of the above standards had
tidak memiliki dampak yang signifikan terhadap no significant effect on the amounts reported for
jumlah yang dilaporkan di periode berjalan atau the current period or prior financial years.
tahun sebelumnya.
Bank telah menerapkan materi penjelasan The Bank has implemented the said
tersebut dan, dengan demikian, mengubah explanatory material and accordingly, changed
kebijakan akuntansi mengenai atribusi imbalan its accounting policy regarding attribution of
kerja pada periode jasa. Penerapan ini tidak benefits to periods of service. The
berdampak material terhadap jumlah yang implementation has no material impact on the
dilaporkan pada periode keuangan amounts reported for the previous financial
sebelumnya. Dengan demikian, dampak dari periods. Therefore, the impact of the changes is
perubahan tersebut dicatat oleh Bank dalam recorded entirely in the consolidated financial
laporan keuangan konsolidasian untuk tahun statements for the current year.
berjalan.
3. Kas 3. Cash
Kas terdiri dari : Cash consists of the following :
2023 2022
Rupiah 276.340 513.588 Rupiah
Mata uang asing: Foreign currencies:
DoIar Amerika Serikat 8.627 7.337 United States Dollar
Euro Eropa 1.901 1.734 European Euro
Dolar Singapura 540 1.263 Singapore Dollar
Dolar Australia 201 228 Australian Dollar
Lain-lain 1.575 170 Others
12.844 10.732
Total 289.184 524.320 Total
Saldo dalam mata uang Rupiah termasuk uang The Rupiah balance includes cash in ATMs
pada ATM (Anjungan Tunai Mandiri) pada tanggal (Automated Teller Machines) amounting to Rp7,154
31 Desember 2023 dan 2022 masing-masing and Rp73,152 as at December 31, 2023 and 2022,
sebesar Rp7.154 dan Rp73.152. respectively.
Kas dalam mata uang asing lain-lain terdiri dari Yen Cash in other foreign currencies is denominated in
Jepang, Poundsterling Inggris, Dolar Hong Kong, Japanese Yen, Great Britain Poundsterling, Hong
Yuan Cina dan Won Korea Selatan. Kong Dollar, Chinese Yuan, and South Korean
Won.
- 77 -
Page 563
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
4. Giro Pada Bank Indonesia 4. Current Accounts With Bank Indonesia
Giro pada Bank Indonesia terdiri dari: Current Accounts with Bank Indonesia consists of
the following:
2023 2022
Rupiah 3.089.179 3.931.990 Rupiah
DoIar Amerika Serikat 116.440 208.441 United States Dollar
Total 3.205.619 4.140.431 Total
Pada tanggal 31 Desember 2023 dan 2022, saldo As at December 31, 2023 and 2022, current accounts
giro pada Bank Indonesia termasuk giro yang with Bank Indonesia include amounts under sharia
berdasarkan pada prinsip perbankan syariah banking principles amounting to each Rp540,926 and
masing-masing sebesar Rp540.926 dan Rp396.641. Rp396,641, respectively.
Saldo giro pada Bank Indonesia disediakan untuk Current accounts with Bank Indonesia are maintained
memenuhi persyaratan Giro Wajib Minimum (GWM) to comply with Bank Indonesia Minimum Statutory
dari Bank Indonesia. Reserve requirement.
Bank dipersyaratkan untuk memiliki GWM dalam The Bank is required to maintain Minimum Statutory
mata uang Rupiah dan mata uang asing. Reserves in Rupiah and in foreign currency.
Rasio GWM Bank pada tanggal 31 Desember 2023 As at December 31, 2023 and 2022, the Minimum
dan 2022 adalah sebagai berikut: Statutory Reserves ratios of Bank are as follows:
2023 2022
Bank Umum Konvensional Conventional Banking
Rupiah Rupiah
Giro Wajib Minimum Harian 7,05% 8,53% Daily Minimum Statutory Reserves
Giro Wajib Minimum Rata-Rata 7,37% 8,53% Average Minimum Statutory Reserves
Mata Uang Asing Foreign currency
Giro Wajib Minimum Harian 4,02% 4,02% Daily Minimum Statutory Reserves
Giro Wajib Minimum Rata-rata 4,02% 4,02% Average Minimum Statutory Reserves
Penyangga Likuiditas Makroprudensial 35,08% 13,87% Macroprudential Liquidity Reserve
Bank Umum Syariah Sharia Commercial Banking
Giro Wajib Minimum Harian 0% 0% Daily Minimum Statutory Reserves
Giro Wajib Minimum Rata-rata 8,21% 8,05% Average Minimum Statutory Reserves
Pada 31 Desember 2023, Giro Wajib Minimum As at December 31, 2023, the Bank’s Minimum
(GWM) Bank telah sesuai dengan Peraturan Statutory Reserve (GWM) complies Board of
Anggota Dewan Gubernur No. 12 Tahun 2023 Governors Member Regulation No. 12 of 2023
tanggal 1 Oktober 2023 tentang Perubahan Kedua dated 1 October 2023 concerning the Second
atas Peraturan Anggota Dewan Gubernur Amendment to the Regulation on Members of the
No. 24/8/PADG/2022 tanggal 30 Juni 2022 yang Board of Governors No. 24/8/PADG/2022 dated
ditetapkan sebesar 9%. GWM rata-rata Bank pada June 30, 2022 which was set at 9%. The Bank's
average Minimum Statutory Reserves on
tanggal 31 Desember 2023 adalah sebesar 7,37%.
December 31, 2023 was 7.37%. The Bank obtains
Bank memperoleh insentif rata-rata GWM dari Bank an average GWM incentive from Bank Indonesia of
Indonesia sebesar 1,70% periode 1 Desember 2023 1.70% for the period December 1, 2023 to
sampai dengan 29 Februari 2024. February 29, 2024.
- 78 -
Page 564
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
4. Giro Pada Bank Indonesia (lanjutan) 4. Current Accounts With Bank Indonesia
(continued)
Pada 31 Desember 2022, GWM Bank telah sesuai As at December 31, 2022, the Bank’s Minimum
dengan Peraturan Anggota Dewan Gubernur Statutory Reserve (GWM) complies with Board of
(PADG) No. 24/8/PADG/2022 tanggal 30 Juni 2022 Governors Member Regulations (PADG) No.
yang ditetapkan sebesar 9%. GWM rata-rata Bank 24/8/PADG/2022 dated June 30, 2022 which was
pada tanggal 31 Desember 2023 adalah sebesar set at 9%. The Bank's average Minimum Statutory
8,53%. Bank memperoleh insentif rata-rata GWM Reserves on December 31, 2023 was 8.53%. The
dari Bank Indonesia sebesar 0.5% periode Bank obtains an average GWM incentive from Bank
1 Desember 2022 sampai dengan 28 Februari 2022. Indonesia of 0.5% for the period December 1, 2022
to February 28, 2022.
Pemenuhan rasio-rasio tersebut di atas ditentukan Fulfillment of the above ratios is determined as
sebagai berikut: follows:
2023 2022
Bank Umum Konvensional Conventional Banking
Rupiah: Rupiah:
Giro wajib minimum secara harian 0,00% 0,00% Daily Minimum Statutory Reserves
Giro wajib minimum secara rata-rata 9,00% 9,00% Average Minimum Statutory Reserves
Valuta Asing: Foreign currency:
Giro wajib minimum secara harian 2,00% 2,00% Daily Minimum Statutory Reserves
Giro wajib minimum secara rata-rata 2,00% 2,00% Average Minimum Statutory Reserves
Penyangga Likuiditas Makroprudensial 5,00% 6,00% Macroprudential Liquidity Reserve
Bank Umum Syariah Sharia Commercial Banking
Rupiah: Rupiah:
Giro wajib minimum 7,50% 7,50% Daily Minimum Statutory Reserves
Valuta Asing: Foreign currency:
Giro wajib minimum - Daily Minimum Statutory Reserves
PADG No. 21/22/PADG/2019 telah diamendemen PADG No. 21/22/PADG/2019 is amended with
dengan PADG No. 23/7/PADG/2021 tanggal 26 PADG No. 23/7/PADG/2021 on April 26, 2021
April 2021 tentang Perubahan Ketiga atas PADG concerning The Third Amendment of PADG
No.21/22/PADG/2019 tentang Rasio RIM dan PLM No. 21/22/PADG/2019 concerning RIM and PLM
bagi Bank Umum Konvensional, Bank Umum Ratio for Commercial Conventional Banks, Sharia
Syariah, dan Unit Usaha Syariah. Berdasarkan Banks, and Business Units Sharia. Based on the
amendemen tersebut terdapat penyesuaian amendments, there are adjusments to the Lower
Parameter Disinsentif Bawah dan Parameter Disincentive Parameters and the Upper Disincentive
Disinsentif Atas yang digunakan dalam pemenuhan Parameters used in the fulfillment of GWM RIM
rasio GWM RIM. ratio.
Penyangga Likuiditas Makroprudensial (PLM) Macroprudential Liquidity Reserve (PLM) is the
adalah cadangan likuiditas minimum yang wajib minimum liquidity reserves that should be
dipelihara oleh Bank berupa Sertifikat Bank maintained by the Bank, in form of of Certificates of
Indonesia (SBI), Sertifikat Deposito Bank Indonesia Bank Indonesia (SBI), Certificate of Bank Indonesia
(SDBI), Surat Berharga Negara (SBN) yang Deposit (SDBI), Treasury Bills (SBN), which is
besarnya ditetapkan oleh Bank Indonesia sebesar determined by Bank Indonesia percentage of Third
persentase tertentu dari Dana Pihak Ketiga (DPK) Party Funds (DPK). Macroprudential Intermediation
Bank. Rasio Intermediasi Makroprudensial (RIM) Ratio (RIM) is the minimum statutory reserve that
adalah simpanan minimum yang wajib dipelihara should be maintained by the Bank in the form of
oleh Bank dalam bentuk saldo Rekening Giro pada Current Account with Bank Indonesia at a certain
Bank Indonesia sebesar persentase tertentu dari percentage of third party fund calculated based on
DPK yang dihitung berdasarkan selisih antara RIM the difference between the Bank’s RIM and the
yang dimiliki oleh Bank dan RIM Target. targeted RIM. Based on PADG No. 24/14/PADG/
Berdasarkan PADG No. 24/14/PADG/2022 tanggal 2022 dated October 31, 2022, the Lower
31 Oktober 2022, Parameter Disinsentif Bawah dari Disincentive Parameter of the lower limit of RIM
batas bawah Target RIM sebesar 84% dan targeted is 84% and the Upper Disincentive
Parameter Disinsentif Atas dari batas atas Target Parameter of the upper limit of RIM targeted is 94%
RIM sebesar 94% dalam pemenuhan Giro RIM in the fulfillment of RIM Current Account, which is 0
adalah sebesar 0 (nol). (zero).
- 79 -
Page 565
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
4. Giro Pada Bank Indonesia (lanjutan) 4. Current Accounts With Bank Indonesia
(continued)
RIM adalah rasio hasil perbandingan antara: RIM is the ratio of the results of the comparison
between:
a. Kredit yang diberikan kepada pihak ketiga a. Loans to third parties in Rupiah and foreign
dalam Rupiah dan valuta asing, dan currencies, and
b. Surat berharga korporasi dalam Rupiah dan b. Corporate securities in Rupiah and foreign
valuta asing yang memenuhi persyaratan currencies owned by the Bank that meet certain
tertentu yang dimiliki Bank. requirement.
terhadap: to:
c. DPK Bank dalam bentuk giro, tabungan dan c. The Bank’s TPF in the form of demand deposits,
simpanan berjangka/deposito dalam Rupiah savings deposits and time deposits/deposits in
dan valuta asing, tidak termasuk dana antar Rupiah and foreign currencies, excluding
Bank; dan interbank funds; and
d. Surat berharga dalam Rupiah dan valuta asing d. Marketable securities in Rupiah and foreign
yang memenuhi persyaratan tertentu yang currencies that meet certain requirements,
diterbitkan oleh Bank untuk memperoleh issued by the Bank for funding sources.
sumber pendanaan.
Pada tanggal 31 Desember 2023 dan 2022, As at December 31, 2023 and 2022, Minimum
persentase GWM untuk Bank Umum Syariah dalam Statutory Reserves percentage for Sharia
Rupiah masing-masing sebesar 8,21% dan 8,05%. Commercial Banking in Rupiah currency are 8.21%
and 8.05%, respectively.
Pada tanggal 31 Desember 2023 dan 2022, Grup As at December 31, 2023 and 2022, the Group has
telah memenuhi ketentuan BI mengenai GWM. complied with BI regulation on the Minimum
Statutory Reserves.
5. Giro Pada Bank Lain 5. Current Accounts With Other Banks
a. Berdasarkan mata uang a. By currency
2023 2022
Pihak Berelasi (Catatan 38) Related parties (Note 38)
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 4.166 75.238 United States Dollar
Won Korea Selatan 2.211 409 South Korean Won
6.377 75.647
Pihak ketiga Third parties
Rupiah 102.466 88.199 Rupiah
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 149.065 486.680 United States Dollar
Dolar Singapura 44.801 55.969 Singapore Dollar
Dolar Hong Kong 9.774 2.788 Hong Kong Dollar
Euro Eropa 8.193 2.141 European Euro
Dolar Australia 7.689 2.790 Australian Dollar
Pound Sterling Inggris 7.018 13.100 Great Britain Poundsterling
Yuan Cina 5.694 6.495 Chinese Yuan
Yen Jepang 1.804 10.250 Japanese Yen
336.504 668.412
Total 342.881 744.059 Total
Cadangan kerugian Allowance for
penurunan nilai (300) (89) impairment losses
Neto 342.581 743.970 Net
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, current
2022, saldo giro pada bank lain termasuk saldo accounts with other banks include amounts
yang berdasarkan pada prinsip perbankan under sharia banking principles amounting to
syariah masing-masing sebesar Rp164 dan Rp164 and Rp163,697, respectively.
Rp163.697.
- 80 -
Page 566
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
5. Giro Pada Bank Lain (lanjutan) 5. Current Accounts With Other Banks (continued)
a. Berdasarkan mata uang (lanjutan) a. By currency (continued)
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, there is no
2022, tidak terdapat giro pada bank lain yang current account with other banks pledged as
dijaminkan. collateral.
b. Berdasarkan bank b. By banks
2023 2022
Pihak berelasi Related party
Mata uang asing : Foreign currency :
KB Kookmin Bank Co., Ltd 6.377 75.647 KB Kookmin Bank Co., Ltd
Pihak ketiga Third parties
Rupiah: Rupiah:
PT Bank Central Asia Tbk 81.106 66.746 PT Bank Central Asia Tbk
PT Bank Woori Saudara PT Bank Woori Saudara
Indonesia 1906 Tbk 9.548 9.548 Indonesia 1906 Tbk
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk 7.431 7.297 (Persero) Tbk
Standard Chartered Bank, Jakarta 2.374 2.395 Standard Chartered Bank, Jakarta
PT Bank Syariah Indonesia Tbk 1.292 - PT Bank Syariah Indonesia Tbk
PT Bank Mandiri (Persero) Tbk 452 648 PT Bank Mandiri (Persero) Tbk
PT Bank BCA Syariah 113 164 PT Bank BCA Syariah
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk 54 60 (Persero) Tbk
PT Bank OCBC NISP Tbk 3 226 PT Bank OCBC NISP Tbk
PT Bank Sahabat Sampoerna 2 103 PT Bank Sahabat Sampoerna
PT Bank MNC Internasional Tbk 2 125 PT Bank MNC International Tbk
PT BPD Sulawesi Selatan dan PT BPD Sulawesi Selatan and
Sulawesi Barat - 827 Sulawesi Barat
Lain-lain 89 60 Others
Sub-total 102.466 88.199 Sub-total
Mata uang asing: Foreign currencies:
Standard Chartered Bank, New York 57.956 254.391 Standard Chartered Bank, New York
Citibank N.A., New York 44.988 97.900 Citibank N.A., New York
United Overseas Bank Ltd, Singapura 37.159 24.260 United Overseas Bank Ltd, Singapore
PT Bank Mandiri (Persero) Tbk 20.894 29.636 PT Bank Mandiri (Persero) Tbk
PT Bank Central Asia Tbk 12.437 67.000 PT Bank Central Asia Tbk
Standard Chartered Bank, Standard Chartered Bank,
Hong Kong 9.774 2.788 Hong Kong
Habib American Bank, Habib American Bank,
New York 9.212 6.575 New York
Societe Generale, Perancis 8.193 2.141 Societe Generale, France
Australia and New Zealand Australia and New Zealand
Banking Group Limited 7.689 2.790 Banking Group Limited
Standard Chartered Bank, Singapura 7.642 31.709 Standard Chartered Bank, Singapore
Standard Chartered Bank, Standard Chartered Bank,
London 7.018 13.100 London
PT Bank ICBC Indonesia 5.694 6.495 PT Bank ICBC Indonesia
Citibank N.A., Jakarta 3.578 31.178 Citibank N.A., Jakarta
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation, Tokyo 1.804 10.250 Corporation, Tokyo
Sub-total 234.038 580.213 Sub-total
Total 342.881 744.059 Total
Cadangan kerugian Allowance for impairment
penurunan nilai (300) (89) losses
Neto 342.581 743.970 Net
- 81 -
Page 567
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
5. Giro Pada Bank Lain (lanjutan) 5. Current Accounts With Other Banks (continued)
c. Berdasarkan kolektibilitas c. By collectability
Pada tanggal 31 Desember 2023 dan All current accounts with other banks are
2022, semua giro pada Bank lain classified as current as at December 31, 2023
diklasifikasikan lancar. and 2022.
d. Perubahan cadangan kerugian penurunan d. Movements in allowance for impairment
nilai losses
2023 2022
Rupiah: Rupiah:
Saldo awal 89 370 Beginning balance
Penyisihan (pembalikan Provision (reversal
cadangan) kerugian of allowance) for
penurunan nilai 211 (281) impairment losses
Saldo akhir 300 89 Ending balance
Cadangan kerugian penurunan nilai dihitung Allowance for impairment losses is calculated
secara kolektif. using collective assessment.
Manajemen berpendapat bahwa jumlah Management believes that the allowance for
cadangan kerugian penurunan nilai telah impairment losses is adequate.
memadai.
d. Tingkat bunga rata-rata per tahun d. Average annual interest rates
Giro pada bank lain dalam mata uang Rupiah, Current accounts with other banks in Rupiah,
Dolar Amerika Serikat, Yen Jepang, Dolar Unites States Dollar, Japanese Yen, Australian
Australia, Euro Eropa, Dolar Singapura, Yuan Dollar, European Euro, Singapore Dollar,
Cina, Dolar Hong Kong, Won Korea Selatan Chinese Yuan, Hong Kong Dollar, South
dan Poundsterling Inggris. Tingkat suku bunga Korean Won and Great Britain Poundsterling
rata-rata setahun untuk giro pada bank lain currencies. The average interest rates per
dalam Rupiah dan mata uang asing lainnya annum for current accounts with other banks in
adalah sebagai berikut: Rupiah and other foreign currencies are as
follows:
2023 2022
Rupiah 0,81% 0,83% Rupiah
Mata uang asing 0,00% 0,17% Foreign currencies
6. Penempatan Pada Bank Indonesia Dan Bank 6. Placements With Bank Indonesia And Other
Lain Banks
a. Berdasarkan jenis, mata uang, dan bank a. By type, currency, and banks
2023 2022
Pihak ketiga Third parties
Rupiah: Rupiah:
Penempatan pada Bank Indonesia, Placements with Bank Indonesia,
setelah dikurangi bunga yang net of unearned
ditangguhkan 1.384.883 8.456.195 interest
Interbank call money Interbank call money
PT Bank Sahabat Sampoerna - 50.000 PT Bank Sahabat Sampoerna
PT Bank Woori Saudara PT Bank Woori Saudara
Indonesia 1906 Tbk - 30.000 Indonesia 1906 Tbk
- 80.000
- 82 -
Page 568
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
6. Penempatan Pada Bank Indonesia Dan Bank 6. Placements With Bank Indonesia And Other
Lain (lanjutan) Banks (continued)
a. Berdasarkan jenis, mata uang, dan bank a. By type, currency, and banks (continued)
(lanjutan)
2023 2022
Deposito Berjangka Time deposits
PT Bank JTrust Indonesia Tbk 41.000 - PT Bank JTrust Indonesia Tbk
PT Bank Nagari 40.000 50.000 PT Bank Nagari
PT Bank Sahabat Sampoerna 38.000 30.000 PT Bank Sahabat Sampoerna
PT Bank Sulawesi Tenggara 37.000 - PT Bank Sulawesi Tenggara
PT BPD Sumatera Utara 34.000 30.000 PT BPD Sumatera Utara
PT BPD Sulawesi Selatan dan PT BPD Sulawesi Selatan dan
Sulawesi Barat 34.000 - Sulawesi Barat
PT BPD Sulawesi Utara 34.000 - PT BPD Sulawesi Utara
PT BPD Sulawesi Tengah 33.000 - PT BPD Sulawesi Tengah
PT BPD Sumatera Selatan dan PT BPD Sumatera Selatan dan
Bangka Belitung 30.000 20.000 Bangka Belitung
PT BPD Riau Kepri Syariah PT BPD Riau Kepri Syariah
(d/h PT BPD Riau Kepri) 16.000 10.000 (formerly PT BPD Riau Kepri)
PT Bank DKI 10.000 - PT Bank DKI
PT Bank Victoria Syariah Tbk 10.000 - PT Bank Victoria Syariah Tbk
PT BPD Sulawesi Utara dan PT BPD Sulawesi Utara dan
Gorontalo 7.000 50.000 Gorontalo
PT Bank Tabungan Negara PT Bank Tabungan Negara
Syariah Tbk 7.000 - Syariah Tbk
PT Bank Woori Bersaudara PT Bank Woori Bersaudara
1960 Tbk 7.000 - 1960 Tbk
PT Bank Oke Indonesia Tbk 7.000 - PT Bank Oke Indonesia Tbk
PT BPD Sulawesi Selatan 7.000 - PT BPD Sulawesi Selatan
PT Bank Mega Tbk 6.000 30.000 PT Bank Mega Tbk
PT Bank Tabungan Negara PT Bank Tabungan Negara
(Persero) Tbk 4.000 10.000 (Persero) Tbk
PT BPD Bengkulu 3.000 50.000 PT BPD Bengkulu
PT BPD Kalimantan Barat 3.000 - PT BPD Kalimantan Barat
PT Bank Raya Indonesia Tbk 1.000 - PT Bank Raya Indonesia Tbk
PT Bank Sinarmas Tbk 950 - PT Bank Sinarmas Tbk
PT Bank Nationalnobu Tbk - 50.000 PT Bank Nationalnobu Tbk
PT Bank Mayapada International Tbk 50.000 PT Bank Mayapada International Tbk
PT BPD Lampung - 40.000 PT BPD Lampung
PT Bank Victoria International Tbk - 30.000 PT Bank Victoria International Tbk
PT Bank IBK IndonesiaTbk - 30.000 PT Bank IBK Indonesia Tbk
PT Bank Mandiri Taspen - 10.000 PT Bank Mandiri Taspen
Agroniaga Tbk - 10.000 Agroniaga Tbk
409.950 500.000
Total 1.794.833 9.036.195 Total
Dolar Amerika Serikat: United States Dollar:
Penempatan pada Bank Indonesia 338.734 2.988.960 Placements with Bank Indonesia
Interbank call money Interbank call money
PT Bank IBK Indonesia Tbk - 155.675 PT Bank IBK Indonesia Tbk
338.734 3.144.635
Total 2.133.567 12.180.830 Total
- 83 -
Page 569
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
6. Penempatan Pada Bank Indonesia Dan Bank 6. Placements With Bank Indonesia And Other
Lain (lanjutan) Banks (continued)
a. Berdasarkan jenis, mata uang, dan bank a. By type, currency, and banks (continued)
(lanjutan)
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, there are
2022, terdapat penempatan pada Bank placement with Bank Indonesia and other
Indonesia dan Bank lain yang berdasarkan Banks under sharia banking principles
prinsip perbankan syariah masing-masing amounting to Rp985,000 and Rp599,000,
sebesar Rp985.000 dan Rp599.000. respectively.
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, there is no
2022, tidak terdapat penempatan pada Bank placement with Bank Indonesia and other banks
Indonesia dan bank lain yang dijaminkan. pledged as collateral.
b. Berdasarkan sisa umur jatuh tempo b. By remaining period to maturity
2023 2022
Rupiah: Rupiah:
≤ 1 bulan 1.733.833 9.006.195 ≤ 1 month
> 1 - 3 bulan 44.000 - > 1 - 3 months
> 3 bulan - 1 Tahun 17.000 30.000 > 3 - 6 months
1.794.833 9.036.195
Dolar Amerika Serikat: United States Dollar:
≤ 1 bulan 338.734 3.144.635 ≤ 1 month
338.734 3.144.635
Total 2.133.567 12.180.830 Total
c. Berdasarkan kolektibilitas c. By collectibility
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, all
-
2022, semua penempatan pada Bank Indonesia placements with Bank Indonesia and other
dan bank lain diklasifikasikan lancar. banks are classified as current.
Manajemen berpendapat bahwa tidak terdapat Management believes that there is no
penurunan nilai atas penempatan pada impaired placements with Bank Indonesia and
Bank Indonesia dan bank lain, sehingga other banks, therefore no allowance for
cadangan kerugian penurunan nilai tidak impairment losses were provided as at
dibentuk pada tanggal 31 Desember 2023 dan December 31, 2023 and 2022.
2022.
d. Tingkat bunga rata-rata per tahun d. Average annual interest rates
2023 2022
Rupiah: Rupiah:
Penempatan pada Bank Indonesia 5,06% 3,13% Placement with Bank Indonesia
Interbank call money 4,38% 2,60% Interbank call money
Deposito berjangka 3,84% 4,29% Time deposits
Dolar Amerika Serikat: United States Dollar:
Penempatan pada Bank Indonesia 4,17% 0,68% Placement with Bank Indonesia
Interbank call money 1,19% 2,00% Interbank call money
- 84 -
Page 570
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga 7. Marketable Securities
a. Berdasarkan tujuan, jenis, dan mata uang a. By purpose, type, and currency
2023 2022
Rupiah Rupiah
Nilai wajar melalui laba rugi Fair value through profit or loss
Obligasi pemerintah 13 555.013 Government bonds
Premi yang belum diamortisasi 1 7.403 Unamortized premium
Kerugian yang belum direalisasi (1) (6.549) Unrealized loss
13 555.867
Diukur pada biaya perolehan
diamortisasi Amortized cost
Obligasi pemerintah 4.796.017 2.664.750 Government bonds
Premi (diskonto) yang belum
diamortisasi 83.438 (1.028) Unamortized premium (discount)
4.879.455 2.663.722
Obligasi korporasi 224.600 119.600 Corporate bonds
Obligasi Sukuk Ijarah Negara Indonesia 1.994.135 2.123.159 Indonesia Sukuk Ijarah Bonds
Premi (diskonto) yang Unamortized premium
belum diamortisasi 40.605 (1.085) (discount)
2.034.740 2.122.074
Wesel SKBDN 12.756 15.000 Domestic Letter of Credit (SKBDN)
Diskonto yang belum diamortisasi (467) - Unamortized discount
12.289 15.000
Sukuk Korporasi 2.432.000 2.432.000 Corporate Sukuk
Diskonto yang belum diamortisasi (1.097.939) (1.177.789) Unamortized discount
1.334.061 1.254.211
8.485.145 6.174.607
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Obligasi pemerintah 2.656.870 486.354 Government Bonds
Premi yang belum diamortisasi 16.198 754 Unamortized premium
Keuntungan yang belum direalisasi 10.373 1.266 Unrealized gain
2.683.441 488.374
Obligasi Korporasi - 10.000 Corporate bonds
Premi yang belum diamortisasi - 37 Unamortized premium
Keuntungan yang belum direalisasi - 88 Unrealized gain
- 10.125
Obligasi Sukuk Ijarah Negara Indonesia 390.000 90.000 Indonesia Sukuk Ijarah Bonds
Diskonto yang belum diamortisasi (4.855) (1.677) Unamortized discount
Keuntungan yang belum direalisasi (1.199) 2.013 Unrealized gain
383.946 90.336
3.067.387 588.835
Sub-total 11.552.545 7.319.309 Sub-total
- 85 -
Page 571
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
a. Berdasarkan tujuan, jenis, dan mata uang a. By purpose, type, and currency (continued)
(lanjutan)
2023 2022
Dolar Amerika Serikat United States Dollar
Fair value through profit
Nilai wajar melalui laba rugi or loss
Obligasi pemerintah - 160.221 Government bonds
Premi yang belum diamortisasi - 2.667 Unamortized premium
Kerugian yang belum direalisasi - (2.708) Unrealized loss
- 160.180
Obligasi korporasi 5.250.377 2.802.150 Corporate bonds
Premi yang belum diamortisasi - - Unamortized premium
Kerugian yang belum direalisasi 72.540 (156.098) Unrealized loss
5.322.917 2.646.052
Subtotal 5.322.917 2.806.232 Subtotal
Diukur pada biaya perolehan
diamortisasi Amortized cost
Obligasi pemerintah 657.452 1.858.946 Government bonds
Premi (diskonto) yang
belum diamortisasi 532 19.192 Unamortized premium (discount)
657.984 1.878.138
Wesel SKBDN - 996 Domestic Letters of Credit (SKBDN)
Diskonto yang belum diamortisasi - (33) Unamortized discount
- 963
657.984 1.879.101
Subtotal 5.980.901 4.685.333 Subtotal
Yuan China China Yuan
Diukur pada biaya perolehan
diamortisasi Amortized cost
Wesel SKBDN 2.876 5.451 Domestic Letters of Credit (SKBDN)
Diskonto yang belum diamortisasi (73) (139) Unamortized discount
Subtotal 2.803 5.312 Subtotal
Total 17.536.249 12.009.954 Total
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai (109) (76) losses
Neto 17.536.140 12.009.878 Net
- 86 -
Page 572
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
b. Berdasarkan tujuan, penerbit, dan mata b. By purpose, issuer, and currency
uang
2023 2022
Rupiah Rupiah
Fair value through profit
Nilai wajar melalui laba rugi or loss
Republic of Indonesia
Negara Republik Indonesia 13 555.013 Government
Premi yang belum diamortisasi 1 7.403 Unamortized premium
Kerugian yang belum direalisasi (1) (6.549) Unrealized loss
13 555.867
Diukur pada biaya perolehan
diamortisasi Amortized cost
Republic of Indonesia
Negara Republik Indonesia 6.790.152 4.787.909 Government
Diskonto yang belum diamortisasi 124.043 (2.113) Unamortized discount
6.914.195 4.785.796
PT Perusahaan Pengelola PT Perusahaan Pengelola
Aset (Persero) 2.432.000 2.432.000 Aset (Persero)
PT KB Finansia Multifinance 105.000 - PT KB Finansia Multifinance
PT KIK EBA Bahana 119.600 - PT KIK EBA Bahana
PT Lekang Jaya Konstruksi 6.484 - PT Lekang Jaya Konstruksi
PT Inka Multi Solusi 3.539 - PT Inka Multi Solusi
PT Rizki Asa Buana 2.733 - PT Rizki Asa Buana
PT Bahana TCW Investment PT Bahana TCW Investment
Management - 119.600 Management
PT Topsco Steel Utama - 15.000 PT Topsco Steel Utama
2.669.356 2.566.600
Diskonto yang belum diamortisasi (1.098.406) (1.177.789) Unamortized discount
1.570.950 1.388.811
8.485.145 6.174.607
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Republic of Indonesia
Negara Republik Indonesia 3.046.870 576.354 Government
Diskonto yang belum diamortisasi 11.343 (923) Unamortized discount
Keuntungan yang belum direalisasi 9.174 3.279 Unrealized gain
3.067.387 578.710
PT Bank Victoria International Tbk - 10.000 PT Bank Victoria International Tbk
Premi yang belum diamortisasi - 37 Unamortized premium
Keuntungan yang belum direalisasi - 88 Unrealized gain
- 10.125
3.067.387 588.835
Sub-total 11.552.545 7.319.309 Sub-total
- 87 -
Page 573
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
b. Berdasarkan tujuan, penerbit, dan mata b. By purpose, issuer, and currency
uang (lanjutan) (continued)
2023 2022
Dolar Amerika Serikat United States Dollar
Fair value through profit
Nilai wajar melalui laba rugi or loss
Negara Republik Indonesia - 160.221 Republic of Indonesia Government
Premi yang belum diamortisasi - 2.667 Unamortized premium
Kerugian yang belum direalisasi - (2.708) Unrealized loss
- 160.180
IDMB United Pte., Ltd 2.771.460 2.802.150 IDMB United Pte., Ltd
Premi yang belum diamortisasi - - Unamortized premium
Kerugian yang belum direalisasi (81.595) (156.098) Unrealized loss
2.689.865 2.646.052
SMMK Pte Ltd 2.478.917 - SMMK Pte Ltd
Premi yang belum diamortisasi - - Unamortized premium
Kerugian yang belum direalisasi 154.135 - Unrealized loss
2.633.052 -
5.322.917 2.806.232
Diukur pada biaya perolehan
diamortisasi Amortized cost
Negara Republik Indonesia 657.452 1.858.946 Republic of Indonesia Government
Premi (diskonto) yang -
belum diamortisasi 532 19.192 Unamortized premium (discount)
657.984 1.878.138
PT Anugrah Putra Fajar - 996 PT Anugrah Putra Fajar
Diskonto yang belum diamortisasi - (33) Unamortized discount
- 963
657.984 1.879.101
Total 5.980.901 4.685.333 Total
Yuan China China Yuan
Diukur pada biaya perolehan
diamortisasi Amortized cost
PT Anugrah Putra Fajar 2.876 5.451 PT Anugrah Putra Fajar
Diskonto yang belum diamortisasi (73) (139) Unamortized discount
2.803 5.312
Total 17.536.249 12.009.954 Total
Dikurangi: cadangan kerugian Less: allowance for impairment
penurunan nilai (109) (76) losses
Neto 17.536.140 12.009.878 Net
- 88 -
Page 574
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
c. Berdasarkan tujuan, peringkat, dan mata c. By purpose, rating, and currency
uang
Lembaga
pemeringkat/
Rating
company 2023 2022
Peringkat Rating
Rupiah Rupiah
Nilai wajar melalui Fair value through profit
laba rugi or loss
Tanpa peringkat *) 13 555.867 Not rated *)
Diukur pada biaya perolehan
diamortisasi Amortized Cost
idAAA Pefindo 119.600 119.600 idAAA
idAA Pefindo 1.334.061 - idAA
BBB- Pefindo 1.254.211 BBB-
AAA - Moodys 105.000 - AAA
Tanpa peringkat *) 6.926.484 4.800.796 Not rated *)
8.485.145 6.174.607
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
idA- Pefindo - 10.125 idA-
Tanpa peringkat *) 3.067.387 578.710 Not rated *)
3.067.387 588.835
Total 11.552.545 7.319.309 Total
Dolar Amerika Serikat United States Dollar
Nilai wajar melalui Fair value through profit
laba rugi or loss
A+ Standard & Poor’s 5.322.917 2.646.052 A+
Tanpa peringkat *) - 160.180 Not rated *)
5.322.917 2.806.232
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Tanpa peringkat *) - - Not rated *)
Diukur pada biaya perolehan
diamortisasi Amortized Cost
Tanpa peringkat *) 657.984 1.879.101 Not rated *)
Total 5.980.901 4.685.333 Total
Yuan China China Yuan
Diukur pada biaya perolehan
diamortisasi Amortized Cost
Tanpa peringkat *) 2.803 5.312 Not rated *)
Total 17.536.249 12.009.954 Total
Dikurangi: cadangan kerugian Less :allowance for
penurunan nilai (109) (76) impairment losses
Neto 17.536.140 12.009.878 Net
*) Terdiri dari Wesel SKBDN, Obligasi Pemerintah, *) Consists of Domestic Letter of Credit
Obligasi Ritel Indonesia, Obligasi Sukuk Ijarah (SKBDN), Government Bonds, Indonesia
Negara Indonesia, Surat Utang Negara, dan Retail Bond, Indonesia Sukuk Ijarah Bonds,
Sertifikat Deposito Bank Indonesia. State Promissory Notes, and Bank Indonesia
Certificates of Deposits.
- 89 -
Page 575
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
2023 2022
Rupiah Rupiah
≤ 1 bulan 3.430 327.860 ≤ 1 month
> 1 - 3 bulan 333.363 - > 1 - 3 months
> 3 bulan - 1 tahun 352.428 641.180 > 3 months - 1 year
> 1 - 5 tahun 3.399.602 1.196.209 > 1 - 5 years
> 5 - 10 tahun 4.685.286 2.579.050 > 5 - 10 years
> 10 tahun 2.778.436 2.575.010 > 10 years
Subtotal 11.552.545 7.319.309 Subtotal
Dolar Amerika Serikat United States Dollar
≤ 1 bulan 657.983 425.584 ≤ 1 month
> 1 - 3 bulan - 439.115 > 1 - 3 months
> 3 bulan - 1 tahun - 559.318 > 3 months - 1 year
> 1 - 5 tahun 2.689.864 3.261.316 > 1 - 5 years
> 5 - 10 tahun 2.633.054 - > 5 - 10 years
Sub-total 5.980.901 4.685.333 Sub-total
Yuan China Chinese Yuan
≤ 1 bulan - 324 ≤ 1 month
> 1 - 3 bulan 1.277 1.937 > 1 - 3 months
> 3 bulan - 1 tahun 1.526 3.051 > 3 months - 1 year
Subtotal 2.803 5.312 Subtotal
Total 17.536.249 12.009.954 Total
Cadangan kerugian
penurunan nilai (109) (76) Allowance for impairment losses
Neto 17.536.140 12.009.878 Net
e. Berdasarkan golongan penerbit e. By classification of issuers
2023 2022
Pemerintah dan Bank Indonesia: Government and Bank Indonesia:
Obligasi Pemerintah 8.220.893 5.746.281 Government Bonds
Obligasi Sukuk Ijarah Negara Indonesia Sukuk
Indonesia 2.418.686 2.212.410 Ijarah Bonds
Sub-total 10.639.579 7.958.691 Sub-total
IDMB United Pte., Ltd 2.689.865 2.646.052 IDMB United Pte., Ltd
SMMK Pte., Ltd 2.633.052 - SMMK Pte., Ltd
PT Perusahaan Pengelola PT Perusahaan Pengelola
Aset (Persero) 1.334.062 1.254.211 Aset (Persero)
PT Bahana TCW Investment PT Bahana TCW Investment
Management 119.600 119.600 Management
PT KB Finansia Multifinance 105.000 - PT KB Finansia Multifinance
PT Lekang Jaya Konstruksi 6.188 - PT Lekang Jaya Konstruksi
PT Inka Multi Solusi 3.430 - PT Inka Multi Solusi
PT Anugrah Putra Fajar 2.803 6.275 PT Anugrah Putra Fajar
PT Rizki Asa Buana 2.670 - PT Rizki Asa Buana
PT Topsco Steel Utama - 15.000 PT Topsco Steel Utama
PT Bank Victoria International Tbk - 10.125 PT Bank Victoria International Tbk
Sub-total 6.896.670 4.051.263 Sub-total
Total 17.536.249 12.009.954 Total
Cadangan kerugian penurunan nilai (109) (76) Allowance for impairment losses
Neto 17.536.140 12.009.878 Net
- 90 -
Page 576
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
f. Berdasarkan tanggal jatuh tempo dan f. By maturity date and rating
peringkat
Tanggal
jatuh tempo/
Maturity date 2023 2022
Wesel SKBDN 12 Juni2024/ Tanpa peringkat/ Tanpa peringkat/ Domestic Letters of Credit
June 12, 2024 Not rated Not rated (SKBDN)
Obligasi Pemerintah - 15 Januari 2024/ Tanpa peringkat/ Tanpa peringkat/ Government Bonds -
Dolar Amerika Serikat January 15, 2024 Not rated Not rated United States Dollar
KIK EBA Bahana Bukopin 4 September 2026/ KIK EBA Bahana Bukopin
Tahun 2019 September 4, 2026 idAAA idAAA Year 2019
IDR-Linked Step-Up Fixed 21 Juni 2027/ IDR-Linked Step-Up Fixed
Rate Guaranteed Bond June 21, 2027 Guaranteed Bond IDMB
IDMB United Pte Ltd A+ A+ United Pte Ltd
SMMK Pte Ltd 28 September 2037/ A+ - SMMK Pte Ltd
September 28, 2037
Obligasi Korporasi 28 September 2037/ AAA(idn) BBB- Corporate Bonds
September 28, 2037
Obligasi Pemerintah - 15 April 2040/ Tanpa peringkat/ Tanpa peringkat/ Government Bonds -
Rupiah April 15, 2040 Not rated Not rated Rupiah
Obligasi Sukuk Ijarah 15 April 2043/ Indonesia Sukuk Ijarah
Negara Indonesia April 15, 2043 idA- idA- Bonds
Peringkat untuk obligasi yang terdaftar di Bursa The ratings of the bonds which are registered in
Efek lndonesia berdasarkan peringkat yang the Indonesia Stock Exchange are determined
dilaporkan oleh PT Pemeringkat Efek Indonesia by PT Pemeringkat Efek Indonesia (Pefindo),
(Pefindo), sedangkan peringkat untuk obligasi meanwhile the ratings of the bonds which are
lain yang tidak terdaftar di Bursa Efek Indonesia not registered in the Indonesia Stock Exchange
berdasarkan peringkat obligasi yang dilaporkan are determined by Standard & Poor’s.
oleh Standard & Poor’s.
g. Berdasarkan kolektibilitas g. By collectibility
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, all
2022, semua surat berharga yang dimiliki oleh marketable securities held by the Bank are
Bank diklasifikasikan lancar. classified as current.
h. Tingkat bunga rata-rata per tahun h. Average annual interest rates
2023 2022
Rupiah Rupiah
Obligasi korporasi 7,30% 10,30% Corporate bonds
Wesel SKBDN 9,17% - Domestic Letters of Credit (SKBDN)
Obligasi pemerintah 10,07% 7,65% Goverment bonds
Obligasi ritel indonesia - Indonesia retail bond -
tingkat bunga tetap 4,90% 5,65% fixed rate
Sukuk korporasi 0,75% 0,75% Corporate sukuk
- 91 -
Page 577
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
h. Tingkat bunga rata-rata per tahun (lanjutan) h. Average annual interest rates (continued)
2023 2022
Dolar Amerika Serikat United States Dollar
Obligasi Pemerintah - Indonesia retail bonds -
tingkat bunga tetap 5,88% 4,08% fixed rate
Obligasi korporasi 2,00% 2,00% Corporate bonds
Wesel SKBDN - 7,48% Domestic Letters of Credit (SKBDN)
Yuan China Chinese Yuan
Wesel SKBDN 6,41% 6,04% Domestic Letters of Credit (SKBDN)
i. Perubahan cadangan kerugian penurunan i. Movements in allowance for impairment
nilai losses
2023 2022
Saldo awal 76 125 Beginning balance
Penyisihan (pemulihan) selama Provision (reversal)
tahun berjalan 33 (49) during the year
Saldo akhir 109 76 Ending balance
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022,
2022, Manajemen berpendapat bahwa Management believes that the allowance for
cadangan kerugian penurunan nilai yang impairment losses on is adequate.
dibentuk telah memadai.
j. Informasi signifikan lainnya sehubungan j. Other significant information regarding
dengan surat-surat berharga marketable securities
Pada tanggal 31 Desember 2023 dan 2022, As at December 31, 2023 and 2022, the Bank
Bank menjaminkan sebagian surat berharga has pledged part of marketable securities in
berupa obligasi pemerintah dengan nilai form of government bonds with carrying amount
tercatat Rp219.745 dan nihil untuk transaksi of Rp219,745 and nil, respectively, for
surat berharga yang dijual dengan janji dibeli marketable securities sold with agreement to
kembali. repurchase transactions.
k. Perubahan efek-efek berdasarkan k. Changes in Marketables securities based on
klasifikasinya classification
31 Desember/December 31, 2023
Cadangan Kerugian
Penurunan Nilai/ Nilai Tercatat
Nilai Tercatat Allowance for Bersih/Net
Bruto/Gross Impairment Carrying
Carrying Amount Losses Amount
Nilai wajar melalui penghasilan Fair value through other
laba rugi profit and loss
Saldo awal tahun 3.362.099 - 3.362.099 Beginning balance of the year
Aset keuangan yang baru dibeli 2.478.917 - 2.478.917 New financial assets puchased
Aset keuangan yang jatuh tempo
atau dijual (745.911) - (745.911) Maturities or disposal
Kerugian dari perubahan nilai wajar 237.895 - 237.895 Loss on changes in fair value
Lainnya (10.070) - (10.070) Others
Saldo, akhir tahun 5.322.930 - 5.322.930 Balance, end of year
- 92 -
Page 578
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
7. Surat-Surat Berharga (lanjutan) 7. Marketable Securities (continued)
k. Perubahan efek-efek berdasarkan k. Changes in Marketables securities based
klasifikasinya (lanjutan) on classification (continued)
31 Desember/December 31, 2023
Cadangan Kerugian
Penurunan Nilai/ Nilai Tercatat
Nilai Tercatat Allowance for Bersih/Net
Bruto/Gross Impairment Carrying
Carrying Amount Losses Amount
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain comprehensive income
Saldo awal tahun 588.835 - 588.835 Beginning balance of the year
Aset keuangan yang baru dibeli 2.671.395 - 2.671.395 New financial assets purchased
Aset keuangan yang jatuh tempo
atau dijual (210.877) - (210.877) Maturities or disposal
Kerugian dari perubahan nilai wajar 5.807 - 5.807 Loss on changes in fair value
Lainnya 12.227 - 12.227 Others
Saldo, akhir tahun 3.067.387 - 3.067.387 Balance, end of year
31 Desember/December 31, 2023
Cadangan Kerugian
Penurunan Nilai/ Nilai Tercatat
Nilai Tercatat Allowance for Bersih/Net
Bruto/Gross Impairment Carrying
Carrying Amount Losses Amount
Biaya perolehan diamortisasi Amortized cost
Saldo. awal tahun 8.059.020 (76) 8.058.944 Beginning balance of the year
Aset keuangan yang baru dibeli 3.083.060 (33) 3.083.060 New financial assets purchased
Aset keuangan yang jatuh tempo
atau dijual (2.183.126) - (2.183.126) Maturities or disposal
Lainnya 186.978 - 186.945 Others
Saldo, akhir tahun 9.145.932 (109) 9.145.823 Balance, end of year
8. Surat Berharga yang Dibeli dengan Janji Dijual 8. Marketable Securities Purchased with
Kembali Agreement to Resell
Pada tanggal 31 Desember 2022 tidak terdapat As at December 31, 2022, there is no marketable
surat berharga yang dibeli dengan janji dijual securities purchased with agreements to resell.
kembali.
Surat berharga yang dibeli dengan janji dijual Marketable securities purchased with agreements to
kembali pada tanggal 31 Desember 2023 terdiri resell as at December 31, 2023 are as follow:
dari:
2023
Harga Beli Bunga Belum
Jangka Tanggal Tanggal Kembali/ Diamortisasi/
Waktu/ Dimulai/ Jatuh Tempo/ Suku Bunga/ Repurchase Unamortized Nilai Neto/
Period Start Date Due Date Interest Rate Price Interest Net Value
Pihak ketiga/Third party
Rupiah:
Bank Indonesia
Obligasi Pemerintah/
Government Bonds
Seri/Series 7 hari/ 27 Des. 2023/ 3 Jan. 2024/
VR0034 7 days Dec. 27, 2023 Jan. 3, 2024 6,00%% 95.875 (48) 95.827
Seri/Series 7 hari/ Des 28, 2023/ 4 Jan. 2024/
VR0054 7 days 28 Des. 2023/ Jan. 4, 2024 6,00% 287.356 (191) 287.165
Seri/Series 7 hari/ 28 Des 2023/ 4 Jan. 2024/
VR0054 7 days Des 28, 2023/ Jan. 4, 2024 6,00% 143.678 (96) 143.582
- 93 -
Page 579
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
8. Surat Berharga yang Dibeli dengan Janji Dijual 8. Marketable Securities Purchased with
Kembali (lanjutan) Agreement to Resell (continued)
2023
Harga Beli Bunga Belum
Jangka Tanggal Tanggal Kembali/ Diamortisasi/
Waktu/ Dimulai/ Jatuh Tempo/ Suku Bunga/ Repurchase Unamortized Nilai Neto/
Period Start Date Due Date Interest Rate Price Interest Net Value
Seri/Series 7 hari/ 29 Des. 2023// 5 Jan. 2024/
VR0034 7 days Dec. 29, 2023 Jan 5, 2024 6,00% 383.685 (319) 383.366
Seri/Series 7 hari/ 29 Des. 2023// 5 Jan. 2024/
VR0034 7 days Dec. 29, 2023 Jan 5, 2024 6,00% 671.448 (559) 670.889
Seri/Series 7 hari/ 29 Des. 2023// 5 Jan. 2024/
VR0062 7 days Dec. 29, 2023 Jan 5, 2024 6,00% 665.046 (554) 664.492
Seri/Series 7 hari/ 29 Des. 2023// 5 Jan. 2024/
VR0042 7 days Dec. 29, 2023 Jan 5, 2024 6,00% 142.915 (119) 142.796
Seri/Series 92 hari/ 15 Nov. 2023/// 15 Feb. 2024//
VR0034 92 days Nov. 15, 2023 Feb. 15, 2024 6,55% 48.806 (402) 48.404
Seri/Series 273 hari/ Jun. 16, 2023/ 15 Mar. 2024//
VR0065 273 days 16 Jun, 2023/ Mar. 15, 2024 6,40% 24.221 (308) 23.913
Seri/Series 273 hari/ Jun. 16, 2023/ 15 Mar. 2024//
VR0065 273 days 16 Jun, 2023/ Mar. 15, 2024 6,41% 24.223 (308) 23.915
Seri/Series 273 hari/ 23 Jun. 2023// 22 Mar 2024/
VR 0045 273 days Jun. 23, 2023 Mar. 22, 2024 6,41% 49.270 (686) 48.584
Seri/Series 364 hari/ 16 Jun 2023/ 14 Juni. 2024/
VR 0037 364 days Jun. 16, 2023 June 14, 2024 6,41% 19.820 (551) 19.269
Seri/Series 364 hari/ 23 Jun. 2023// 21 Jun 2024/
VR 0043 364 days Jun. 23, 2023 Jun. 21, 2024 6,41% 20.545 (595) 19.950
Total 2.576.888 (4.736) 2.572.152
9. Kredit yang Diberikan dan Pembiayaan/Piutang 9. Loans and Sharia Financing/Receivables
Syariah
a. Berdasarkan mata uang, jenis, dan a. By currency, type, and collectability
kolektibilitas
2023
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/
Current Mention Substandard Doubtful Loss Total
Rupiah: Rupiah:
Modal kerja 12.700.942 2.778.896 86.298 27.551 1.385.015 16.978.702 Working capital
Investasi 12.421.537 955.853 45.904 15.666 1.036.580 14.475.540 Investment
Konsumsi 10.407.855 444.975 76.048 117.965 1.699.974 12.746.817 Consumer
Program
Pemerintah 98.757 1.035 - 1.306 4.044 105.142 Government program
Sindikasi 3.544 122 - 221 39 3.926 Syndicated
Direksi dan Directors and
karyawan 76.516 - - - 2.152 78.668 employees
Total Rupiah 35.709.151 4.180.881 208.250 162.709 4.127.804 44.388.795 Total Rupiah
Cadangan kerugian Allowance for
penurunan nilai (591.000) (752.511) (44.807) (56.860) (2.069.484) (3.514.662) impairment losses
Neto 35.118.151 3.428.370 163.443 105.849 2.058.320 40.874.133 Net
Mata uang asing: Foreign currencies:
Modal kerja 3.355.300 - - - 13.821 3.369.121 Working capital
Investasi 1.658.515 - - - - 1.658.515 Investment
Konsumsi 2.185 - - - - 2.185 Consumer
Total mata uang
asing 5.016.000 - - - 13.821 5.029.821 Total foreign currencies
Cadangan kerugian Allowance for
penurunan nilai (64.311) - - - (3.861) (68.172) impairment losses
Neto 4.951.689 - - - 9.960 4.961.649 Net
Total 40.069.840 3.428.370 163.443 105.849 2.068.280 45.835.782 Total
- 94 -
Page 580
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
a. Berdasarkan mata uang, jenis, dan a. By currency, type, and collectability
kolektibilitas (lanjutan) (continued)
2022
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/
Current Mention Substandard Doubtful Loss Total
Rupiah: Rupiah:
Modal kerja 17.577.102 537.385 221.593 116.896 398.519 18.851.495 Working capital
Konsumsi 11.421.325 475.524 61.644 117.794 1.901.237 13.977.524 Consumer
Investasi 12.967.929 282.237 132.377 137.770 266.396 13.786.709 Investment
Program
Pemerintah 60.032 1.085 272 41 11.193 72.623 Government program
Sindikasi 539.090 - - - 539.090 Syndicated
Direksi dan
karyawan 76.210 - - - - 76.210 Directors and employees
Total Rupiah 42.641.688 1.296.231 415.886 372.501 2.577.345 47.303.651 Total Rupiah
Cadangan kerugian Allowance for
penurunan nilai (520.251) (93.532) (60.615) (113.253) (787.416) (1.575.067) impairment losses
Neto 42.121.437 1.202.699 355.271 259.248 1.789.929 45.728.584 Net
Mata uang asing: Foreign currencies:
Modal kerja 1.573.816 - - - 33.384 1.607.200 Working capital
Sindikasi 1.193.746 - - - - 1.193.746 Syndicated
Investasi 476.531 - - - - 476.531 Investment
Konsumsi 2.306 - - - - 2.306 Consumer
Total mata uang
asing 3.246.399 - - - 33.384 3.279.783 Total foreign currencies
Cadangan kerugian Allowance for
penurunan nilai (42.284) - - - (9.325) (51.609) impairment losses
Neto 3.204.115 - - - 24.059 3.228.174 Net
Total 45.325.552 1.202.699 355.271 259.248 1.813.988 48.956.758 Total
b. Berdasarkan sektor ekonomi b. By economic sector
2023
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/
Current Mention Substandard Doubtful Loss Total
Rupiah: Rupiah:
Jasa 5.453.262 246.206 42.569 29.155 289.934 6.061.126 Business service
Perdagangan 5.042.811 587.683 16.035 3.947 679.208 6.329.684 Trading
Manufaktur 3.366.414 90.299 41 265 72.422 3.529.441 Manufacturing
Transportasi 2.283.449 41.061 2.392 761 305.646 2.633.309 Transportation
Konstruksi 2.020.662 1.517.331 10.750 4.282 188.947 3.741.972 Construction
Tenaga listrik 632.494 - - - 14.037 646.531 Power supply
Pertanian 589.456 149.512 20.922 - 3.586 763.476 Agriculture
Pertambangan 525.750 - - 2.158 856.035 1.383.943 Mining
Lain-lain 15.794.853 1.548.789 115.541 122.141 1.717.989 19.299.313 Others
Total Rupiah 35.709.151 4.180.881 208.250 162.709 4.127.804 44.388.795 Total Rupiah
Cadangan kerugian Allowance for
penurunan nilai (591.000) (752.511) (44.807) (56.860) (2.069.484) (3.514.662) impairment losses
Neto 35.118.151 3.428.370 163.443 105.849 2.058.320 40.874.133 Net
Mata uang asing: Foreign currencies:
Manufaktur 1.929.078 - - - - 1.929.078 Manufacturing
Tenaga listrik 1.196.702 1.196.702 Power supply
Pertambangan 971.791 - - - - 971.791 Mining
Jasa 691.970 - - - 13.821 705.791 Business service
Perdagangan 140.370 - - - - 140.370 Trading
Transportasi - - - - - - Transportation
Pertanian 76.966 - - - - 76.966 Agriculture
Konstruksi 6.937 - - - - 6.937 Contructions
Lain-lain 2.186 2.186 Others
Total mata uang
asing 5.016.000 - - - 13.821 5.029.821 Total foreign currencies
Cadangan kerugian Allowance for
penurunan nilai (64.311) - - - (3.861) (68.172) impairment losses
Neto 4.951.689 - - - 9.960 4.961.649 Net
Total 40.069.840 3.428.370 163.443 105.849 2.068.280 45.835.782 Total
- 95 -
Page 581
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
b. Berdasarkan sektor ekonomi (lanjutan) a. By economic sector (continued)
2022
Dalam
Perhatian
Khusus/ Kurang
Lancar/ Special Lancar/ Diragukan/ Macet/
Current Mention Substandard Doubtful Loss Total
Rupiah: Rupiah:
Jasa 8.860.548 117.414 13.651 141.655 201.316 9.334.584 Business service
Perdagangan 6.494.235 211.563 214.697 47.819 186.674 7.154.988 Trading
Konstruksi 6.675.508 301.864 14.898 37.854 60.548 7.090.672 Construction
Manufaktur 3.618.959 36.689 594 20.425 26.749 3.703.416 Manufacturing
Transportasi 2.131.639 84.795 2.626 3.120 217.745 2.439.925 Transportation
Pertanian 1.211.319 10.525 59 1.761 53.433 1.277.097 Agriculture
Pertambangan 1.127.077 1.200 55.309 - 371 1.183.957 Mining
Tenaga listrik 736.312 3.984 1.500 - - 741.796 Power supply
Lain-lain 11.786.091 528.197 112.552 119.867 1.830.509 14.377.216 Others
Total Rupiah 42.641.688 1.296.231 415.886 327.501 2.577.345 47.303.651 Total Rupiah
Cadangan kerugian Allowance for
penurunan nilai (520.251) (93.532) (60.615) (113.253) (787.416) (1.575.067) impairment losses
Neto 42.121.437 1.202.699 355.271 259.248 1.789.929 45.728.584 Net
Mata uang asing: Foreign currencies:
Pertambangan 1.381.317 - - - - 1.381.317 Mining
Manufaktur 1.036.436 - - - - 1.036.436 Manufacturing
Perdagangan 446.841 - - - - 446.841 Trading
Transportasi 224.728 - - - - 224.728 Transportation
Tenaga listrik 145.637 - - - - 145.637 Power supply
Jasa 2.117 - - - 33.384 35.501 Business service
Konstruksi 7.019 - - - - 7.019 Contruction
Lain-lain 2.304 - - - - 2.304 Others
Total mata uang
asing 3.246.399 - - - 33.384 3.279.783 Total foreign currencies
Cadangan kerugian Allowance for
penurunan nilai (42.284) - - - (9.325) (51.609) impairment losses
Neto 3.204.115 - - - 24.059 3.228.174 Net
Total 45.325.552 1.202.699 355.271 259.248 1.813.988 48.956.758 Total
c. Berdasarkan jangka waktu c. By maturity
2023 2022
Rupiah: Rupiah:
≤ 1 tahun 4.063.560 4.943.737 ≤ 1 year
> 1 - 2 tahun 4.312.807 2.930.923 > 1 - 2 years
> 2 - 5 tahun 7.058.334 6.590.406 > 2 - 5 years
> 5 tahun 28.954.094 32.838.585 > 5 years
44.388.795 47.303.651
Mata uang asing: Foreign currencies:
≤ 1 tahun 515.517 1.089.734 ≤ 1 year
> 1 - 2 tahun 1.346.108 355.272 > 1 - 2 years
> 2 - 5 tahun 852.041 275.123 > 2 - 5 years
> 5 tahun 2.316.155 1.559.654 > 5 years
5.029.821 3.279.783
Total 49.418.616 50.583.434 Total
Cadangan kerugian penurunan nilai (3.582.834) (1.626.676) Allowance for impairment losses
Neto 45.835.782 48.956.758 Net
- 96 -
Page 582
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
d. Berdasarkan sisa umur jatuh tempo d. By remaining period to maturity
2023 2022
Rupiah: Rupiah:
≤ 1 tahun 11.540.191 5.238.806 ≤ 1 year
> 1 - 2 tahun 2.720.879 5.259.702 > 1 - 2 years
> 2 - 5 tahun 10.476.093 10.899.436 > 2 - 5 years
> 5 tahun 19.651.632 25.905.707 > 5 years
44.388.795 47.303.651
Mata uang asing: Foreign currencies:
≤ 1 tahun 2.017.857 428.364 ≤ 1 year
> 1 - 2 tahun 170.491 1.027.607 > 1 - 2 years
> 2 - 5 tahun 1.798.169 431.345 > 2 - 5 years
> 5 tahun 1.043.304 1.392.467 > 5 years
5.029.821 3.279.783
Total 49.418.616 50.583.434 Total
Cadangan kerugian Allowance for
penurunan nilai (3.582.834) (1.626.676) impairment losses
Neto 45.835.782 48.956.758 Net
e. Berdasarkan mata uang e. By currency
2023 2022
Rupiah 44.388.795 47.303.651 Rupiah
Mata uang asing : Foreign currencies:
Dolar Amerika Serikat 5.027.636 3.277.656 United States Dollar
Euro Eropa 2.185 2.127 Euro European
5.029.821 3.279.783
Total 49.418.616 50.583.434 Total
Cadangan kerugian Allowance for
penurunan nilai (3.582.834) (1.626.676) impairment losses
Neto 45.835.782 48.956.758 Net
f. Berdasarkan stage f. By stages
2023
Stage 1 Stage 2 Stage 3 Total
Beginning balance
Saldo awal tahun 45.503.113 1.634.341 3.445.980 50.583.434 of the year
Transfer ke kerugian
kredit ekspektasian Transferred to lifetime
sepanjang umur expected credit
(Stage 2) (3.141.506) 3.174.585 (33.079) - losses (Stage 2)
Transfer ke kredit yang
mengalami penurunan Transferred to credit
nilai (Stage 3) (5.193.908) (334.956) 5.528.864 - impaired (Stage 3)
Transfer ke kerugian Transferred to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) 467.486 (413.498) (53.988) - credit losses (Stage 1)
Perubahan bersih Net change in
pada eksposur dan exposure and
pengukuran kembali 6.951.508 (73.413) - 6.878.095 remeasurement
Penghapusan (3.621.400) (46.060) (4.375.453) (8.042.913) Written-off
Saldo akhir tahun 40.965.293 3.940.999 4.512.324 49.418.616 Balance end of year
- 97 -
Page 583
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
f. Berdasarkan stage (lanjutan) f. By stages (continued)
2022
Stage 1 Stage 2 Stage 3 Total
Beginning balance
Saldo awal tahun 44.465.086 4.342.810 9.704.192 58.512.088 of the year
Transfer ke kerugian
kredit ekspektasian Transferred to lifetime
sepanjang umur expected credit
(Stage 2) (5.439) 96.610 (91.171) - losses (Stage 2)
Transfer ke kredit yang
mengalami penurunan Transferred to credit
nilai (Stage 3) 8.979 (26.389) 17.410 - impaired (Stage 3)
Transfer ke kerugian Transferred to
kredit ekspektasian 12 month expected
12 bulan (Stage 1) (1.451.632) (815.211) 2.266.843 - credit losses (Stage 1)
Perubahan bersih Net change in
pada eksposur dan exposure and
pengukuran kembali 2.486.119 (1.963.479) (3.001.824) (2.479.184) remeasurement
Penghapusan - - (5.449.470) (5.449.470) Written-off
Saldo akhir tahun 45.503.113 1.634.341 3.445.980 50.583.434 Balance end of year
g. Kredit konsumsi g. Consumer loans
Kredit konsumsi terdiri dari: The consumer loans consists of:
2023 2022
Kredit personal 10.154.077 9.509.200 Personal loans
Kredit pemilikan rumah 1.362.701 1.851.156 Housing loans
Kartu kredit 456.910 531.801 Credit card
Kredit kendaraan bermotor 402.945 89.871 Motor vehicle loans
Kredit konsumsi lainnya 372.369 1.997.802 Other consumer loans
Total 12.749.002 13.979.830 Total
h. Kredit yang bermasalah h. Non-performing loans
Pada tanggal 31 Desember 2023, rasio kredit As at December 31, 2023, the ratios of
bermasalah - kotor dan neto konsolidasian consolidated non-performing loans - gross and
berdasarkan peraturan Bank Indonesia masing- net based on Bank Indonesia regulation are
masing adalah 9,13% dan 4,73% 9.13% and 4.73%, respectively (December 31,
(31 Desember 2022: 6,72% dan 4,80%). 2022 : 6.72% and 4.80%).
Rincian kredit yang bermasalah berdasarkan As at December 31, 2023 and 2022 the details of
sektor ekonomi pada tanggal 31 Desember 2023 non-performing loans by economic sector are as
dan 2022 adalah sebagai berikut: follows:
2023 2022
Pertambangan 858.193 55.680 Mining
Perdagangan 699.190 449.190 Trading
Jasa 375.478 390.006 Business service
Transportasi 308.798 223.491 Transportation
Konstruksi 203.979 113.300 Construction
Manufaktur 72.727 47.768 Manufacturing
Pertanian 24.508 55.253 Agriculture
Tenaga listrik 14.037 1.500 Power supply
Lain-lain 1.955.675 2.062.928 Others
Total 4.512.585 3.399.116 Total
Cadangan kerugian Allowance for
penurunan nilai (2.175.011) (970.609) impairment losses
Neto 2.337.574 2.428.507 Net
- 98 -
Page 584
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
i. Pembiayaan Syariah i. Sharia financing
Rincian pembiayaan/piutang syariah pada As at December 31, 2023 and 2022, the details
tanggal 31 Desember 2023 dan 2022 sebagai of sharia financing/receivables are as follows:
berikut:
2023 2022
Piutang Murabahah 3.496.817 724.021 Murabahah receivables
Pembiayaan Musyarakah 1.637.181 4.146.158 Musyarakah financing
Piutang Ijarah 280.049 53.536 Piutang Ijarah
Pembiayaan Mudharabah 207.785 243.729 Mudharabah financing
Piutang Istishna 6.902 582 Piutang Istishna
Piutang Qardh 3.054 119 Qardh receivables
Total 5.631.788 5.168.145 Total
Cadangan kerugian Allowance for
penurunan nilai (91.804) (115.245) impairment losses
Neto 5.539.984 5.052.900 Net
j. Kredit sindikasi j. Syndicated loans
Kredit sindikasi merupakan kredit yang Syndicated loans represent loans and sharia
diberikan dan pembiayaan/piutang syariah financing/receivables provided to customers
kepada nasabah berdasarkan perjanjian under syndication agreements with other banks.
pembiayaan bersama dengan bank-bank lain. The Bank’s shares as a member in syndicated
Keikutsertaan Bank sebagai anggota sindikasi loans were 22% to 70% as at December 31,
dengan persentase penyertaan berkisar antara 2023 of the total syndicated loans. Risks from
22% sampai dengan 70% pada tanggal syndicated loans are shared proportionately by
31 Desember 2023 dari total kredit sindikasi. the participating banks.
Risiko atas kredit sindikasi ditanggung secara
proporsional oleh bank-bank peserta.
k. Tingkat bunga rata-rata per tahun k. Average annual interest rates
Tingkat bunga rata-rata per tahun untuk kredit The average interest rates per annum on loans
yang diberikan adalah sebagai berikut: are as follows:
2023 2022
Rupiah 10,75% 13,59% Rupiah
Mata uang asing 6,96% 1,96% Foreign currencies
l. Kredit kepada pihak berelasi l. Loans to related parties
2023 2022
Modal kerja 619.779 370.000 Working capital
Investasi - 363.699 Investments
Board of Directors, Board of
Direksi, Dewan Komisaris, Commissioners, Sharia
Dewan Pengawas Syariah, Supervisory Board,
dan Pejabat Eksekutif 20.867 27.634 and Executive Officers
Total (Catatan 38) 640.646 761.333 Total (Note 38)
Cadangan kerugian Allowance for
penurunan nilai (7.934) (16.165) impairment losses
Neto 632.712 745.168 Net
- 99 -
Page 585
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
m. Perubahan cadangan kerugian penurunan n. m. Movements in allowance for impairment
nilai losses
Perubahan cadangan kerugian penurunan nilai The movements in allowance for
kredit yang diberikan dan pembiayaan/piutang impairment losses of loans and Sharia
Syariah adalah sebagai berikut: financing/receivables are as follows:
2023
Stage 1 Stage 2 Stage 3 Total
Beginning balance
Saldo awal tahun 535.853 104.609 986.214 1.626.676 of the year
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian expected credit
sepanjang umur (Stage 2) (188.371) 190.045 (1.674) - losses (Stage 2)
Transfer ke kredit yang
mengalami penurunan Transferred to credit
nilai (Stage 3) (1.206.777) (143.842) 1.350.619 - impaired (Stage 3)
Transfer ke kerugian kredit Transferred to 12 month
ekspektasian expected credit
12 bulan (Stage 1) 15.831 (4.476) (11.355) - losses (Stage 1)
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali 3.968.635 386.059 4.226.660 8.581.354 and remeasurement
Penghapusan (2.213.865) (35.878) (4.375.453) (6.625.196) Written-off
Saldo akhir tahun 911.306 496.517 2.175.011 3.582.834 Ending balance of the year
2022
Stage 1 Stage 2 Stage 3 Total
Beginning balance
Saldo awal tahun 420.937 230.889 4.009.988 4.661.814 of the year
Transfer ke kerugian kredit Transferred to lifetime
ekspektasian expected credit
sepanjang umur (Stage 2) 55.631 3.226 (58.857) - losses (Stage 2)
Transfer ke kredit yang
mengalami penurunan Transferred to credit
nilai (Stage 3) 256.143 74.418 (330.561) - impaired (Stage 3)
Transfer ke kerugian kredit Transferred to 12 month
ekspektasian expected credit
12 bulan (Stage 1) 87.203 (138.546) 51.343 - losses (Stage 1)
Perubahan bersih pada
eksposur dan Net change in exposure
pengukuran kembali (284.061) (65.378) 2.763.771 2.414.332 and remeasurement
Penghapusan - - (5.449.470) (5.449.470) Written-off
Saldo akhir tahun 535.853 104.609 986.214 1.626.676 Ending balance of the year
*) Lain-lain termasuk selisih kurs karena penjabaran mata *) Others includes foreign exchange translation.
uang asing.
Di dalam saldo cadangan kerugian penurunan Allowance for impairment losses includes
nilai termasuk cadangan kerugian penurunan allowance for impairment losses for sharia
nilai pembiayaan/piutang syariah masing- financing/receivables amounted to Rp91,804
masing sebesar Rp91.804 dan Rp115.245 pada and Rp115,245 as at December 31, 2023 and
tanggal 31 Desember 2023 dan 2022. 2022, respectively.
- 100 -
Page 586
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
m. Perubahan cadangan kerugian penurunan m. Movements in allowance for impairment
nilai (lanjutan) losses (continued)
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian penurunan nilai yang dibentuk telah impairment losses is adequate.
memadai.
Total kredit yang diberikan dan total cadangan The total loans and allowance for impairment
kerugian penurunan nilai yang evaluasi losses which impairment evaluation is
penurunan nilainya dilakukan secara individual individually and collectively assessed as of
dan kolektif pada tanggal 31 Desember 2023 December 31, 2023 and 2022 are as follows:
dan 2022 adalah sebagai berikut:
2023 2022
Individual/ Kolektif/ Individual/ Kolektif/
Individual Collective Individual Collective
Pinjaman yang
diberikan dan
pembiayaan/ Loans and sharia
piutang syariah 1.826.782 47.591.834 504.296 50.079.138 financing/receivables
Cadangan kerugian Allowance for
penurunan nilai (760.232) (2.822.602) (161.554) (1.465.122) impairment loss
Neto 1.066.550 44.769.232 342.742 48.614.016 Net
n. Kredit yang direstrukturisasi n. Restructured loans
Kredit yang telah direstrukturisasi sampai Restructured loans amounted to Rp20,544,831
dengan tanggal 31 Desember 2023 dan 2022 and Rp22,032,583 as at December 31, 2023 and
adalah sebesar Rp20.544.831 dan 2022, respectively. The terms of restructuring
Rp22.032.583. Restrukturisasi tersebut consist of extension of payment maturity dates
dilakukan dengan cara perpanjangan masa and modification of interest rate. The allowance
pelunasan kredit dan perubahan persentase for impairment losses for restructured loans
tingkat bunga. Cadangan kerugian penurunan amounted to Rp2,141,045 and Rp580,509 as at
nilai untuk kredit yang direstrukturisasi masing- December 31, 2023 and 2022, respectively.
masing sebesar Rp2.141.045 dan Rp580.509
pada tanggal 31 Desember 2023 dan
2022.
Rincian kredit yang telah direstrukturisasi per Detail of restructured loans as at December 31,
31 Desember 2023 dan 2022 adalah sebagai 2023 and December 31, 2021 are as follow:
berikut:
2023 2022
Lancar 16.105.203 20.268.552 Current
Dalam perhatian khusus 2.835.015 758.710 Special mention
Kurang lancar 86.234 335.532 Substandard
Diragukan 33.388 174.298 Doubtful
Macet 1.484.991 495.491 Loss
Total 20.544.831 22.032.583 Total
- 101 -
Page 587
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit yang Diberikan dan Pembiayaan/ Piutang 9. Loans and Sharia Financing/Receivables
Syariah (lanjutan) (continued)
o. Piutang pembiayaan entitas anak o. The subsidiary’s financing receivables
Piutang pembiayaan entitas anak adalah The subsidiary’s financing receivables balance
sebagai berikut: is as follows:
2023 2022
Piutang pembiayaan - bruto 272.218 280.098 Financing receivables - gross
Dikurangi: Less:
Pendapatan pembiayaan
yang belum diakui (54.424) (82.272) Unearned financing receivables
Total 217.794 197.826 Total
Dikurangi: Less:
Cadangan kerugian penurunan nilai (75.940) (140.225) Allowance for impairment losses
Total 141.854 57.601 Total
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, the
2021, piutang pembiayaan masing-masing financing receivables balances pledged as
sebesar Rp197.826 dan Rp450.163, digunakan collateral for borrowings amounted to
sebagai jaminan atas pinjaman yang diterima Rp197,826 and Rp450,163, respectively
(Catatan 23). (Note 23).
Tingkat suku bunga per tahun: Annual interest rate:
2023 2022
Produk Products
Mobil 6,25% - 39,21% 6,25% - 39,21% Automobiles
Motor 15,5% 15,5% Motorcycles
p. Kredit yang dihapus buku p. Written-off loans
Ikhtisar mutasi kredit yang dihapus buku adalah A summary of written-off loans is as follows:
sebagai berikut:
2023 2022
Saldo awal 11.363.340 5.998.639 Beginning balance
Penghapusbukuan 4.228.668 5.449.470 Write-off
Penerimaan kembali kredit
yang telah dihapusbukukan (177.584) (84.769) Recoveries from written-off loans
Saldo akhir 15.414.424 11.363.340 Ending balance
q. Kontrak Investasi Kolektif Efek Beragun q. Collective Investment Contract Asset-
Aset (KIK EBA) Backed Securities (KIK EBA)
Bank telah melakukan sekuritisasi pertama atas The Bank conducted the first securitization on
kumpulan tagihan kredit pensiunan (”Kumpulan its pension loans (“pool of receivables”), by
Tagihan”) yang dimilikinya dengan menunjuk appointing PT Bahana TCW Investment
PT Bahana TCW Investment Management Management as the investment manager. The
sebagai Manager Investasi. Selanjutnya atas pool of receivables which met the criteria for
Kumpulan Tagihan yang memenuhi kriteria selection by the Bank, as the Initial Creditor,
pemilihan, oleh Bank, sebagai Kreditur Awal, was sold and transferred to Collective
telah dijual dan dialihkan ke Kontrak Investasi Investment Contract Asset-Backed Securities of
- 102 -
Page 588
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit Yang Diberikan Dan Pembiayaan/ Piutang 9. Loans And Sharia Financing/Receivables
Syariah (lanjutan) (continued)
q. Kontrak Investasi Kolektif Efek Beragun q. Collective Investment Contract Asset-
Aset (KIK EBA) (lanjutan) Backed Securities (KIK EBA) (continued)
Kolektif Efek Beragun Aset Bahana Bukopin - Bahana Bukopin - Pool of Transferred Pension
Kumpulan Tagihan Kredit Pensiunan yang loans (KIK-EBA-BB) based on sale-purchase
Dialihkan (KIK-EBA BB) yang tertuang dalam deed dated August 29, 2019. KIK-EBA BB was
Perjanjian Induk Jual Beli Tagihan tanggal established based on Collective Investment
29 Agustus 2019. KIK-EBA BB dibentuk Contract between PT Bahana TCW Investment
berdasarkan Akta Kontrak Investasi Kolektif Management as the investment manager and
antara PT Bahana TCW Investment PT Bank Maybank Indonesia Tbk as the
Management sebagai Manajer Investasi dan Custodian Bank based on deed No. 33 dated
PT Bank Maybank Indonesia Tbk sebagai Bank May 22, 2019, and amended by deed
Kustodian berdasarkan Akta No. 33 tanggal No. 80 dated August 29, 2019. Nominal par
22 Mei 2019 dan diamandemen dengan value of sold and transferred receivables which
aktaNo. 80 tanggal 29 Agustus 2019. Nilai represents selected receivables with maximum
pokok Kumpulan Tagihan yang dijual dan nominal value amounting to Rp1,001,000
dialihkan tersebut merupakan Kumpulan consists of 16,783 debtors, was sold and
Tagihan terseleksi dengan nilai pokok sebesar- transferred at their nominal value at final cut-off
besarnya Rp1.001.000 yang terdiri dari 16.783 date (August 29, 2019). The interest rate
debitur dengan harga sebesar nilai pokok charged to the debtors of the pool of
Kumpulan Tagihan pada tanggal cut-off final receivables on the date of sale amounted to
(29 Agustus 2019). Tingkat suku bunga yang 12% up to 23.13% with maturity of 7 years.
dikenakan pada debitur Kumpulan Tagihan
tersebut pada tanggal penjualan adalah
sebesar 12% s.d 23,13% dengan jangka waktu
7 tahun.
Setelah terjadinya penjualan dan pengalihan Subsequent to the sale and transfer of the pool
kumpulan tagihan tersebut, risiko kredit atas of receivables, credit risks on the pool of
kumpulan tagihan telah beralih dari Bank receivables were transferred from the Bank to
kepada pembeli. the buyer.
Selanjutnya, KIK-EBA BB menerbitkan Efek Further, KIK-EBA BB issued Asset-Backed
Beragunan Aset (EBA) yang merupakan Securities (ABS) which represent an instrument
bentuk partisipasi dalam kepemilikan bersama of joint ownership on the pool of receivables.
atas Kumpulan Tagihan. EBA diterbitkan dalam ABS were issued in three types or classes as
tiga kelas yaitu: follows:
(i) EBA Kelas A1 senilai Rp1 (nominal (i) Class A1 ABS amounting to Rp1 (full
penuh) yang dicatat pada Bursa Efek amount) which are registered in the
Indonesia dan ditawarkan kepada publik Indonesia Stock Exchange, and offered to
dengan nilai 91,1% dari nilai pokok EBA the public at 91.1% of the nominal value of
Kelas A1 dengan tingkat bunga tetap class A1 ABS with interest at the annual
sebesar 9,25% per tahun dengan tanggal fixed rate of 9.25% per annum and due on
jatuh tempo 4 September 2022. EBA September 4, 2022. The Class A1 ABS
Kelas A1 mendapatkan hasil was rated idAAA (triple A; Stable Outlook)
pemeringkatan atas efek beragun dari by PT Pemeringkat Efek Indonesia
PT Pemeringkat Efek Indonesia (Pefindo) (Pefindo). The Registration Statement
yaitu idAAA (triple A; Stable Outlook). Letter from KIK-EBA-BB received effective
Surat Pernyataan Pendaftaran dari KIK- statement based on Letter No. S-
EBA BB telah mendapatkan pernyataan 1026/PM.21/2019 dated Agustus 28, 2019
efektif dari Badan Pengawas Pasar Modal of the Chairman of BAPEPAM-LK;
dan Lembaga Keuangan (BAPEPAM-LK)
melalui surat No. S-1026/PM.21/2019
tanggal 28 Agustus 2019;
- 103 -
Page 589
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit Yang Diberikan Dan Pembiayaan/ Piutang 9. Loans And Sharia Financing/Receivables
Syariah (lanjutan) (continued)
q. Kontrak Investasi Kolektif Efek Beragun q. Collective Investment Contract Asset-
Aset (KIK EBA) (lanjutan) Backed Securities (KIK EBA) (continued)
(ii) EBA Kelas A2 senilai Rp1 (nominal (ii) Class A2 ABS amounting to Rp1 (full
penuh) yang ditawarkan dengan nilai amount) which are offered at 91.1% of the
91,1% dari nilai pokok EBA Kelas A2. EBA nominal value of class A2 ABS. Class A2
Kelas A2 tidak dicatat pada Bursa Efek ABS are not registered in the Indonesia
Indonesia namun ditawarkan kepada Stock Exchange but are offered to
calon pembeli dengan ketentuan bahwa prospective buyer with the condition that
pemegang EBA kelas A2 mempunyai hak the holder of Class A2 ABS has the first
untuk dibayar terlebih dahulu dari priority to be paid than the holder of Class
Pemegang EBA Kelas B. B ABS.
(iii) EBA Kelas B dengan nilai pokok sebesar (iii) Class B ABS with nominal value of
Rp119.600 memiliki jangka waktu 7 tahun Rp119,600 with due date of 7 years and
dan mewakili sebesar-besarnya 9,2% dari represent maximum 9.2% of financial asset
aset keuangan KIK-EBA BB. EBA Kelas B of KIK-EBA BB. The Class B ABS are not
tidak dicatat pada Bursa Efek Indonesia registered in the Indonesia Stock
namun ditawarkan kepada calon pembeli Exchange but are offered to prospective
dengan ketentuan bahwa pemegang EBA buyer with the condition that class B ABS
Kelas B berhak atas semua arus kas holders have the right on the residual cash
tersisa sesuai dengan urutan prioritas flow based on the payment priorities. On
pembayaran. Pada tanggal 31 Desember December 31, 2019, Bank recorded Class
2019, Bank telah mencatat EBA Kelas B B ABS as measured at amortised cost
sebagai efek yang diukur pada biaya securities on the Bank’s balance sheets
perolehan pada neraca Bank (Note 7).
(Catatan 7).
Transaksi penjualan Kumpulan Tagihan telah A true sale opinion was obtained on the sale of
memperoleh opini penjualan putus (true sale) the pool of receivables from independent
dari pihak independen yang terdiri dari parties which consists of accounting opinion
pendapat dari segi akuntansi oleh Akuntan from an independent accountant and legal
Independen dan pendapat dari segi hukum oleh opinion from an independent legal consulting
kantor konsultan hukum independen. Atas firm. Based on the opinions of the above two
dasar opini kedua pihak independen tersebut, independent parties, the Bank has excluded the
Bank telah mengeluarkan Kumpulan Tagihan pool of receivables amounting to Rp1,300,000
sebesar Rp1.300.000 dari neraca Bank from its balance sheets (derecognition).
(penghentian pengakuan).
Berdasarkan perjanjian penyedia jasa tanggal Based on the Service Provider Agreement
29 Agustus 2019, Bank juga bertindak sebagai dated August 29, 2019, the Bank also acts as a
penyedia jasa penagihan dalam transaksi collecting service provider in the above
sekuritisasi Kumpulan piutang diatas. Peran securitization transaction of the pool of
utama Bank sebagai penyedia jasa pengumpul receivables. The Bank’s primary role as a
antara lain mengumpulkan pembayaran pokok collective service provider, among others, is to
dan bunga dari para debitur untuk setiap collect the principal and interest payments from
periode penagihan, mentransfer secara debtors on each collection period, to transfer
bulanan hasil penagihan kepada KIK-EBA BB monthly the proceeds from collection to the
dan mengadministrasikannya dengan baik, KIK-EBA BB and to maintain the good, safe,
aman dan teratur serta profesional untuk orderly and professional administration of the
kepentingan KIK-EBA BB yang merupakan debtors’ accounts for the interest of KIK-EBA
representasi dari para pemegang EBA. BB, which represents the ABS holders.
- 104 -
Page 590
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit Yang Diberikan Dan Pembiayaan/ Piutang 9. Loans And Sharia Financing/Receivables
Syariah (lanjutan) (continued)
r. Kredit yang dibeli dari BPI (sekarang r. Loans purchased from BPI (currently
PT Bank KB Bukopin Syariah) PT Bank KB Bukopin Syariah)
Bank telah melakukan perjanjian pembelian The Bank entered into assets sale agreements
atas sejumlah portofolio kredit dari BPI. on loan portfolio with BPI. These loans are
Portofolio kredit tersebut dijamin dengan giro secured with BPI’s current accounts.
dari BPI.
Pembelian portofolio kredit ini dilakukan dalam The loan purchase was conducted in several
beberapa tahap. Tahap I sebesar Rp78.688 tranches. Tranche I amounting to Rp78,688
dilakukan pada tanggal 9 Agustus 2005, tahap was performed on August 9, 2005, tranche II
II sebesar Rp132.012 dilakukan pada tanggal amounting to Rp132,012 was performed on
12 Agustus 2005, dan tahap III sebesar August 12, 2005, and tranche Ill amounting to
Rp93.432 dilakukan pada tanggal 31 Juli 2007. Rp93,432 was performed on July 31, 2007.
Perjanjian ini telah sesuai dengan Akta These agreements were notarized in the Asset
Perjanjian Pengalihan Piutang No. 8 tertanggal Sale Agreement No. 8 dated August 9, 2005,
9 Agustus 2005, No. 18 tertanggal 12 Agustus No. 18 dated August 12, 2005, and No. 55
2005, dan No. 55 tertanggal 31 Juli 2007 dari dated July 31, 2007 of Notary Tetty Herawati
Notaris Tetty Herawati Soebroto, S.H. Soebroto, S.H.
Seperti yang telah diungkapkan pada Catatan As described in Note 1c, since March 31, 2008,
1c, sejak tanggal 31 Maret 2008, laporan BPI’s financial statements have been
keuangan BPI telah dikonsolidasikan kedalam consolidated to the Bank’s consolidated
laporan keuangan konsolidasian Bank financial statements in relation with the
sehubungan dengan akuisisi 2.000.000.000 acquisition of 2,000,000,000 series C shares
lembar saham seri C senilai Rp100.000. Pada with a total of Rp100,000. When the financial
saat laporan keuangan dikonsolidasi, agunan statements are consolidated, cash collateral
tunai dari BPI dieliminasi, dan Bank membentuk from BPI is eliminated, and the Bank provided
100% cadangan kerugian berdasarkan saldo 100% allowance for losses based on the
tersebut. Cadangan kerugian yang dibentuk outstanding balance. The allowance for losses
tersebut diperhitungkan sebagai penyesuaian is considered as adjustment on fair value of the
nilai wajar atas kredit yang diberikan dan loans and became part of the recognized
menjadi bagian dari goodwill yang diakui pada goodwill during the acquisition.
saat akuisisi.
s. Informasi signifikan lainnya sehubungan s. Other significant information relating to
dengan kredit yang diberikan dan loans and Sharia financing/receivables
pembiayaan/piutang Syariah
i. Pada tanggal 15 Desember 2009, Bank i. On December 15, 2009, the Bank entered
melakukan perjanjian Investasi Mudharabah into an agreement of Subordinated
Subordinasi dengan PT Bank KB Bukopin Mudharabah Investment financing with
Syariah (KBBS) dimana Bank akan PT Bank KB Bukopin Syariah (KBBS)
menyediakan dana investasi sebesar whereby the Bank will provide investment
Rp100.000 dengan jangka waktu 72 (tujuh fund of Rp100,000 for 72 (seventy two)
puluh dua) bulan. months period.
Beberapa ketentuan terkait perjanjian Some relevant provisions of the agreement
tersebut adalah sebagai berikut: are as follows:
- Nisbah bagi hasil adalah sebesar 70% - Revenue sharing (nisbah) is 70% for the
untuk Bank dan 30% untuk KBBS dan Bank and 30% for KBBS and can be
dapat direview setiap 6 (enam) bulan reviewed every six-month;
sekali;
- Pembayaran nisbah bagi hasil berasal - Payment of revenue sharing (nisbah)
dari pendapatan operasional KBBS; comes from KBBS’s operating income;
- Pembayaran pokok Investasi - Principal amount of Subordinated
Mudharabah Subordinasi selambat- Mudharabah Investment will be paid at
lambatnya dilaksanakan pada saat jatuh maturity date, at the latest.
tempo.
- 105 -
Page 591
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
9. Kredit Yang Diberikan Dan Pembiayaan/ Piutang 9. Loans And Sharia Financing/Receivables
Syariah (lanjutan) (continued)
s. Informasi signifikan lainnya sehubungan s. Other significant information relating to
dengan kredit yang diberikan dan loans and Sharia financing/receivables
pembiayaan/piutang Syariah (lanjutan) (continued)
Perjanjian Investasi Mudharabah The Subordinated Mudharabah Investment
Subordinasi antara Bank dengan KBBS telah agreement between the Bank and KBBS has
mendapat persetujuan dari Bank Indonesia been approved by Bank Indonesia with letter
dengan surat No. 11/1594/DPbS tanggal No. 11/1594/DPbS dated November 24,
24 November 2009. 2009.
Pada tanggal 28 Desember 2009, KBBS On December 28, 2009, KBBS has
telah melakukan pencairan pertama performed the first withdrawal amounting to
sebesar Rp50.000 berdasarkan perjanjian Rp50,000 based on the agreement. On
tersebut. Pada tahun 2016 pinjaman ini 2016, this facility has been extended.
telah diperpanjang.
Pada tanggal 31 Desember 2023 dan 2022 As at December 31, 2023 and 2022, the loan
seluruh portofolio kredit ini dieliminasi untuk portfolio is eliminated for the consolidated
laporan keuangan konsolidasian . financial statements.
ii Kredit yang diberikan dijamin dengan ii. Certain loans are secured by registered
agunan yang diikat dengan hak tanggungan mortgages, powers of attorney to sell, or by
atau surat kuasa membebankan hak other guarantees acceptable to the Bank.
tanggungan atau surat kuasa untuk The loans secured by demand deposits,
menjual, atau jaminan lain yang umumnya savings deposits, and time deposits as at
diterima oleh Bank. Jumlah kredit yang December 31, 2023 and 2022 amounted to
diberikan yang dijamin dengan giro, Rp2,982,893 and Rp1,766,227, respectively.
tabungan, dan deposito berjangka pada
tanggal 31 Desember 2023 dan
2022 masing-masing sebesar Rp2.982.893
dan Rp1.766.227.
iii. Kredit modal kerja merupakan fasilitas iii. Working capital loans consist of demand
kredit rekening koran, cerukan, dan kredit loans, overdraft, and regular loan facilities.
reguler.
iv. Kredit konsumsi terdiri dari kredit pemilikan iv. Consumer loans consist of housing loan, car
rumah, kredit pemilikan mobil, kartu kredit, loan, credit card receivables, and personal
dan kredit perorangan termasuk kredit yang loans including loans secured by cash
dijamin dengan agunan tunai. collateral.
v. Kredit program Pemerintah terdiri dari kredit v. Government program loans consist of
usaha rakyat, kredit investasi, kredit modal farming loans, investment loans, working
kerja, kredit program kepada sektor capital loans, cooperative loans, and
koperasi, dan kredit pemilikan rumah. housing loans.
vi. Pinjaman karyawan Bank terdiri dari kredit vi. Loans to the Bank’s employees consist of
yang dibebani bunga khusus dengan loans granted with special interest rates and
jangka waktu berkisar antara with terms between 1 (one) to 15 (fifteen)
1 (satu) sampai dengan 15 (lima belas) years, and are collected through monthly
tahun yang dilunasi melalui pemotongan salary deductions. The difference between
gaji setiap bulannya. Perbedaan antara the employee loan’s interest rates and
tingkat bunga pinjaman karyawan dan suku market interest rate is expensed and
bunga pasar dibebankan dan dicatat recorded as personnel expenses.
sebagai beban tenaga kerja.
- 106 -
Page 592
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
10. Tagihan Dan Liabilitas Akseptasi 10. Acceptances Receivable And Payable
a. Berdasarkan pihak dan mata uang a. By counterparties and currency
2023 2022
Pihak ketiga Third parties
Rupiah 21.404 - Rupiah
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 102.298 7.134 United States Dollar
Yuan Cina 8.875 10.212 Chinese Yuan
Total 132.577 17.346 Total
Cadangan kerugian Allowance for
penurunan nilai (1.613) (211) impairment losses
Neto 130.964 17.135 Net
b. Berdasarkan sisa umur jatuh tempo b. By remaining period to maturity
2023 2022
Rupiah: Rupiah:
< 1 bulan 9.076 - < 1 month
> 1 - 3 bulan 11.700 - > 1 - 3 months
> 3 - 6 bulan 628 - > 3 - 6 months
> 6 - 12 bulan - - > 6 -12 months
Total 21.404 - Total
Mata uang asing: Foreign currencies:
< 1 bulan 20.572 3.833 < 1 month
> 1 - 3 bulan 59.300 10.453 > 1 - 3 months
> 3 - 6 bulan 31.301 3.060 > 3 - 6 months
> 6 - 12 bulan - - > 6 - 12 months
Total 111.173 17.346 Total
Cadangan kerugian Allowance for
penurunan nilai (1.613) (211) impairment losses
Neto 130.964 17.135 Net
Jumlah saldo liabilitas akseptasi adalah sama Acceptances payable represent the same
seperti yang tercatat dalam saldo akun tagihan amount as acceptances receivable as at
akseptasi pada tanggal 31 Desember 2023 dan December 31, 2023 and 2022.
2022.
c. Berdasarkan kolektibilitas c. By collectability
Pada tanggal 31 Desember 2023 dan All Acceptances Receivable And Payable are
2022, semua Tagihan Dan Liabilitas Akseptasi classified as current as at December 31, 2023
diklasifikasikan lancar. and 2022.
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022,
2022, manajemen berpendapat bahwa management stated that the allowance for
cadangan kerugian penurunan nilai yang impairment losses is adequate.
dibentuk telah memadai.
- 107 -
Page 593
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
11. Tagihan Dan Liabilitas Derivatif 11. Derivative Receivable And Payable
Rincian transaksi derivatif atas swap mata uang Details of foreign currency swaps as of
asing pada tanggal 31 Desember 2023 dan December 31, 2023 and 2022 are as follows:
2022 adalah sebagai berikut:
2023
Tagihan Liabilitas
Nilai kontrak/ derivatif/ derivatif/
Contract Nilai wajar/ Derivatives Derivatives
amount Fair value receivable payable
Pihak ketiga Third parties
Transaksi swap mata Foreign currency swap
uang asing : transaction :
Dolar Amerika Serikat: United States Dollar:
PT Bank Permata Tbk 477.321 1.569 1.869 (300) PT Bank Permata Tbk
PT Bank Central Asia Tbk 461.932 15 304 (289) PT Bank Central Asia Tbk
PT Bank Danamon PT Bank Danamon
Indonesia Tbk 184.768 184 207 (23) Indonesia Tbk
PT Bank CIMB Niaga Tbk 153.995 1 115 (114) PT Bank CIMB Niaga Tbk
PT Bank Sinarmas Tbk 92.384 75 - (75) PT Bank Sinarmas Tbk
The Bank of Tokyo - The Bank of Tokyo -
Mitsubishi Ltd 76.987 89 89 - Mitsubishi Ltd
PT Bank Victoria PT Bank Victoria
International Tbk 46.192 417 417 - International Tbk
PT Bank HSBC Indonesia 30.795 21 21 - PT Bank HSBC Indonesia
PT Bank ANZ Indonesia 15.397 18 18 - PT Bank ANZ Indonesia
Bank BNP Paribas 3.843 - - (7) Bank BNP Paribas
Total 2.389 3.040 (808) Total
2022
Tagihan Liabilitas
Nilai kontrak/ derivatif/ derivatif/
Contract Nilai wajar/ Derivatives Derivatives
amount Fair value receivable payable
Pihak ketiga Third parties
Transaksi swap mata Foreign currency swap
uang asing : transaction :
Dolar Amerika Serikat: United States Dollar:
PT Bank Central Asia Tbk 778.381 (8.719) - (8.719) PT Bank Central Asia Tbk
PT Bank Sinarmas Tbk 738.376 4.958 6.698 (1.740) PT Bank Sinarmas Tbk
PT Bank Mega Tbk 155.694 (776) - (776) PT Bank Mega Tbk
PT Bank HSBC Indonesia 141.478 1.015 1.370 (355) PT Bank HSBC Indonesia
PT Bank Permata Tbk 93.986 348 580 (232) PT Bank Permata Tbk
PT Bank Danamon PT Bank Danamon
Indonesia Tbk 47.282 579 579 - Indonesia Tbk
PT Bank CIMB Niaga Tbk 31.135 (255) - (255) PT Bank CIMB Niaga Tbk
PT Bank ANZ Indonesia 31.135 (155) - (155) PT Bank ANZ Indonesia
PT Bank Victoria PT Bank Victoria
International Tbk 15.595 27 27 - International Tbk
PT Bank Negara PT Bank Negara
Indonesia (Persero) Tbk 15.568 (27) - (27) Indonesia (Persero) Tbk
Total (3.005) 9.254 (12.259) Total
Kontrak-kontrak untuk posisi 31 Desember 2023 These contracts as at December 31, 2023 and
dan 2022 jatuh tempo masing-masing pada 2022 are due on January 2 – February 2, 2024
tanggal 2 Januari – 2 Februari 2024 dan and January 3 – January 12, 2023, respectively.
3 Januari – 12 Januari 2023.
- 108 -
Page 594
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
12. Penyertaan Saham 12. Investments in Shares
Rincian penyertaan saham pada tanggal Investments in shares as at December 31, 2023 and
31 Desember 2023 dan 2022 adalah sebagai 2022 consist of the following:
berikut:
Persentase
kepemilikan/ Biaya
Jenis usaha/ Percentage of perolehan/ Nilai tercatat/
Nama perusahaan/Name of company Nature of business ownership Cost Carrying value
Simpanan keanggotaan/Membership deposits:
PT Aplikanusa Lintasarta Jasa Komunikasi/
Communication Services 0% 15 15
Total 15
Berdasarkan hasil evaluasi dan penelaahan Based on management’s evaluation and review,
manajemen Bank, penyertaan saham pada tanggal investments in shares as at December 31, 2023 and
31 Desember 2023 dan 2022 diklasifikasikan lancar. 2022 are classified as current.
13. Aset Tetap dan Aset Hak Guna 13. Fixed Assets and Right of Use Assets
2023
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ Ending
Balance Additions Deductions Reclassifications Revaluations Balance
Biaya perolehan Cost
Pemilikan langsung: Direct ownership:
Tanah 2.433.852 8.175 36.783 - - 2.405.244 Land
Bangunan 1.089.319 5.561 6.224 - - 1.088.656 Building
Perabotan dan peralata n Furniture, fixture and
kantor 722.539 14.084 4.761 - - 731.862 office equipment
Prasarana bangunan 73.775 351 - - - 74.126 Leasehold improvements
Aset dalam konstruksi 41.222 5.846 - - - 47.068 Asset under construction
Kendaraan bermotor 26.820 26.749 3.149 - - 50.420 Motor vehicles
Total 4.387.527 60.766 50.917 - - 4.397.376 Total
Aset hak guna sewa 299.428 10.136 60.206 - - 249.358 Right of use of assets
Total 4.686.955 70.902 111.123 - - 4.646.734 Total
Akumulasi penyusutan Accumulated depreciations
Pemilikan langsung: Direct ownership:
Perabotan dan peralata n Furniture, fixture and
kantor 591.381 52.927 4.128 - - 640.180 office equipment
Bangunan 498.670 56.633 6.224 - - 549.079 Building
Prasarana bangunan 51.880 8.655 - - - 60.535 Leasehold improvements
Kendaraan bermotor 21.866 5.299 3.514 - - 23.651 Motor vehicles
Total 1.163.797 123.514 13.866 - - 1.273.445 Total
Aset hak guna sewa 126.956 69.901 57.243 - - 139.614 Right of use of assets
Total 1.290.753 193.415 71.109 - - 1.413.059 Total
Nilai buku neto 3.396.202 3.233.675 Net book value
2022
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ Ending
Balance Additions Deductions Reclassifications Revaluations Balance
Biaya perolehan Cost
Pemilikan langsung: Direct ownership:
Tanah 2.377.779 12.826 34.590 - 77.837 2.433.852 Land
Bangunan 1.082.112 10.868 3.661 - - 1.089.319 Building
Perabotan dan peralata n Furniture, fixture and
kantor 705.334 22.677 6.748 1.276 - 722.539 office equipment
Prasarana bangunan 68.100 4.970 140 845 73.775 Leasehold improvements
Aset dalam konstruksi 43.428 4.485 4.570 (2.121) - 41.222 Asset under construction
Kendaraan bermotor 28.969 1.394 3.543 - - 26.820 Motor vehicles
Total 4.305.722 57.220 53.252 - 77.837 4.387.527 Total
Aset hak guna sewa 503.054 81.730 285.356 - - 299.428 Right of use of assets
Total 4.808.776 138.950 338.608 - 77.837 4.686.955 Total
- 109 -
Page 595
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
13. Aset Tetap dan Aset Hak Guna (lanjutan) 13. Fixed Assets and Right of Use Assets
(continued)
2022
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Revaluasi/ Ending
Balance Additions Deductions Reclassifications Revaluations Balance
Akumulasi penyusutan Accumulated depreciations
Pemilikan langsung: Direct ownership:
Bangunan 447.570 66.234 15.134 - - 498.670 Building
Perabotan dan peralata n Furniture, fixture and
kantor 538.059 57.637 4.315 - - 591.381 office equipment
Prasarana bangunan 40.865 11.027 12 - - 51.880 Leasehold improvements
Kendaraan bermotor 21.340 3.390 2.864 - - 21.866 Motor vehicles
Total 1.047.834 138.288 22.325 - - 1.163.797 Total
Aset hak guna sewa 263.612 103.975 240.631 - - 126.956 Right of use of assets
Total 1.311.446 242.263 262.956 - - 1.290.753 Total
Nilai buku neto 3.497.330 3.396.202 Net book value
Keuntungan (kerugian) bersih dari penjualan aset Net gain (loss) on sale of fixed assets is as follows:
tetap adalah sebagai berikut:
2023 2022
Hasil penjualan 7.200 32.581 Proceeds from sale
Nilai buku (12.900) (30.927) Net book value
Keuntungan (kerugian) bersih dari Net gain (loss) on sale of
penjualan aset tetap (Catatan 35) (5.700) 1.654 fixed asset (Note 35)
Rincian aset dalam konstruksi per 31 Desember Detail of assets under construction as of
2023 dan 2022 adalah sebagai berikut: December 31, 2023 and 2022 are as follow:
2023
Persentase Estimasi
Penyelesaian/ Penyelesaian/
Jumlah/ Percentage of Estimated
Total Completion Completion
Tanah dan bangunan 47.065 25% - 90% 2024 - 2025 Land and buildings
2022
Persentase Estimasi
Penyelesaian/ Penyelesaian/
Jumlah/ Percentage of Estimated
Total Completion Completion
Tanah dan bangunan 41.222 25% - 90% 2023 - 2024 Land and buildings
Pada tanggal 1 Maret 2016, Grup mengubah On March 1, 2016, the Group change their
kebijakan akuntansi terkait pengukuran setelah accounting policy related to subsequent
pengakuan awal untuk tanah dari model biaya ke measurement of land from the cost model to the
model revaluasi. Pada tahun 2022, Bank melakukan revaluation model. In 2022, the Bank performed
kembali revaluasi atas aset tanahnya. revaluation for its land of asset.
Nilai wajar dari tanah yang dimiliki Bank pada The fair values of land owned by the Bank as at
31 Desember 2022 dinilai oleh Kantor Jasa Penilai December 31, 2022 are determined by Kantor Jasa
Publik (KJPP) Febriman, Siregar & Rekan penilai Penilai Publik (KJPP) Febriman, Siregar & Rekan,
properti independen dengan tanggal penilaian 29 an independent property appraiser, with appraisal
Juli 2022. date of July 29, 2022.
- 110 -
Page 596
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
13. Aset Tetap dan Aset Hak Guna (lanjutan) 13. Fixed Assets and Right of Use Assets
(continued)
Penilaian dilakukan berdasarkan Standar Penilaian Valuation is performed based on Indonesian
Indonesia dan telah sesuai dengan POJK No. Valuation Standards and in accordance with POJK
28/POJK.04/2021 tentang Penilaian dan Penyajian No. 28/POJK.04/2021 regarding Valuation and
Laporan Penilaian Properti di Pasar Modal untuk Presentation of Property Appraisal Report in Capital
tujuan pelaporan keuangan. Nilai wajar tanah Market for the purposes of financial reporting. The
adalah berdasarkan pendekatan data pasar dengan fair value of land is based on market data approach
membandingkan harga-harga aset yang serupa by comparing observable market prices of similar
yang dapat diobservasi. assets.
Harga pasar yang paling mendekati disesuaikan Market prices in close proximity are adjusted for
dengan perbedaan atribut-atribut utama, seperti: differences in key attributes such as: land size,
ukuran tanah, lokasi dan biaya penggantian. location, and replacement costs. The fair value
Pengukuran nilai wajar juga mempertimbangkan measurements also consider highest and best use
penggunaan tertinggi dan terbaik (highest and best of the asset being valued. The fair value of lands is
use) dari aset yang dinilai. Nilai wajar dari tanah classified as level 2 based on hierarchy of fair value.
diklasifikasikan sebagai tingkat 2 berdasarkan
hierarki nilai wajar.
Tabel berikut menyajikan informasi mengenai The following table presents the information on the
revaluasi tanah pada tanggal revaluasi: revaluation of the land on the date of revaluation:
31 Desember/December 31, 2022
Nilai buku bersih Nilai wajar pada Surplus
sebelum revaluasi/ tanggal revaluasi/ revaluasi/
Net book value Fair value on the Revaluation
before revaluation date of revaluation surplus
Tanah 2.220.971 2.298.808 77.837 Land
Pada tahun 2023 terdapat tanah yang di reklasifikasi On 2023, there was land reclassified as abandoned
menjadi aset terbengkalai dengan nilai perolehan assets with an acquisition value of Rp22,395 and
ssebesar Rp22.395 dan nilai revaluasi yang eliminated revaluation amounting to Rp1,756.
dihapuskan sebesar Rp1.756. Mutasi surplus Movements in the revaluation surplus have been
revaluasi telah tercermin dalam Laporan Perubahan reflected in the Consolidated Statement of Changes
Ekuitas Konsolidasian. Saldo surplus revaluasi per in Equity. The revaluation surplus balance as at
1 Januari 2023 sebesar Rp1.605.649 dengan January 1, 2023 was Rp1,605,649 with the addition
penurunan surplus selama 2023 sebesar Rp1.756 of a surplus for 2023 amounting to Rp1.756
sehingga saldo akhir per 31 Desember 2023 therefore the balance as at December 31, 2023 was
menjadi sebesar Rp1.603.893. Rp1,603,893.
Mutasi surplus revaluasi telah tercermin dalam Movements in the revaluation surplus have been
Laporan Perubahan Ekuitas Konsolidasian. Saldo reflected in the Consolidated Statement of Changes
surplus revaluasi per 1 Januari 2022 sebesar in Equity. The revaluation surplus balance as at
Rp1.527.812 dengan penambahan surplus selama January 1, 2022 was Rp1,527,812 with the addition
2022 sebesar Rp77.837 sehingga saldo akhir per of a surplus for 2022 amounting to Rp77,837
31 Desember 2022 menjadi sebesar Rp1.605.649. therefore the balance as at December 31, 2022 was
Rp1,605,649.
Cadangan revaluasi tidak boleh didistribusikan The revaluation reserves are not available for
kepada pemegang saham Bank. distribution to the Bank's shareholders.
Aset tetap, kecuali tanah, diasuransikan terhadap Fixed assets, except land, are insured against
risiko kebakaran dan risiko Iainnya berdasarkan losses by fire and other risks under blanket policies
suatu paket polis tertentu dengan beberapa with several insurance companies including
perusahaan asuransi diantaranya adalah PT Asuransi Mitra Pelindung Mustika, PT Asuransi
PT Asuransi Mitra Pelindung Mustika, PT Asuransi Jasindo, PT Asuransi Mega Pratama, PT Asuransi
Jasindo, PT Asuransi Mega Pratama, PT Asuransi Bosowa Periskop, PT Asuransi Jasaraharja Putera,
Bosowa Periskop, PT Asuransi Jasaraharja Putera, PT Jasa Tania, PT Asuransi Ramayana,
PT Jasa Tania, PT Asuransi Ramayana, PT Asuransi Reliance Indonesia, PT Asuransi
PT Asuransi Reliance Indonesia, PT Asuransi Central Asia, PT Asuransi Tugu Kresna Pratama
- 111 -
Page 597
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
13. Aset Tetap dan Aset Hak Guna (lanjutan) 13. Fixed Assets and Right of Use Assets
(continued)
Central Asia, PT Asuransi Tugu Kresna Pratama and PT KB Insurance which are third parties of the
dan PT KB Insurance yang merupakan pihak ketiga Bank. The total insurance coverage as at
dari Bank. Nilai pertanggungan seluruhnya pada December 31, 2023 and 2022 are amounted to
tanggal 31 Desember 2023 dan 2022 masing- Rp2,978,770 and Rp2,514,644, respectively.
masing sebesar Rp2.978.770 dan Rp2.514.644. Management believes that the insurance coverage
Manajemen berpendapat bahwa nilai is adequate to cover losses arising from such risks.
pertanggungan tersebut cukup untuk menutup
kemungkinan kerugian yang timbul dari risiko-risiko
tersebut.
Aset tetap telah terdepresiasi penuh namun masih The Fixed Assets that have been fully depreciated
digunakan oleh Grup sebesar Rp574.439 dan but still in use by the Group amounting to
Rp2.220.971 masing-masing pada tanggal Rp574,439 and Rp2,220,971 as at December 31,
31 Desember 2023 dan 2022, antara lain berupa 2023 and 2022, respectively, included among
bangunan, perlengkapan kantor dan kendaraan others, building, office equipment and motor
bermotor. vehicles.
Manajemen berpendapat tidak terdapat indikasi Management believes that there is no indication of
penurunan nilai atas aset tetap yang dimiliki oleh impairment in the value of fixed assets of the Group.
Grup.
Aset hak guna per 31 Desember 2023 dan Right of use of assets as at December 31, 2023 and
2022 adalah sebagai berikut: 2022 are follows:
2023
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
Balance Additions Deductions Reclassifications Balance
Biaya perolehan Cost
Pemilikan langsung: Direct ownership:
Gedung 222.500 5.874 36.335 - 192.039 Building
Kendaraan 44.023 1.105 3.517 - 41.611 Vehicle
Perlengkapan kantor 13.163 - 541 - 12.622 Office equipment
ATM 10.304 42 10.346 - - ATM
Rumah 9.438 3.115 9.467 - 3.086 House
Total 299.428 10.136 60.206 - 249.358 Total
Akumulasi penyusutan Accumulated depreciation
Pemilikan langsung: Direct ownership:
Gedung 82.320 46.342 33.372 - 95.290 Building
Kendaraan 25.107 9.777 3.517 - 31.367 Vehicle
Perlengkapan kantor 7.994 4.037 541 - 11.490 Office equipment
Rumah 6.522 4.412 9.467 - 1.467 House
ATM 5.013 5.333 10.346 - - ATM
Total 126.956 69.901 57.243 - 139.614 Total
Nilai buku neto 172.472 109.744 Net book value
2022
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
Balance Additions Deductions Reclassifications Balance
Biaya perolehan Cost
Pemilikan langsung: Direct ownership:
Gedung 306.245 45.404 129.149 - 222.500 Building
Kendaraan 59.936 563 16.476 - 44.023 Vehicle
Perlengkapan kantor 13.637 - 474 - 13.163 Office equipment
ATM 99.562 32.286 121.544 - 10.304 ATM
Rumah 23.674 3.477 17.713 - 9.438 House
Total 503.054 81.730 285.356 - 299.428 Total
Akumulasi penyusutan Accumulated depreciation
Pemilikan langsung: Direct ownership:
Gedung 156.367 54.640 128.687 - 82.320 Building
Kendaraan 30.381 11.420 16.694 - 25.107 Vehicle
Perlengkapan kantor 4.321 4.147 474 - 7.994 Office equipment
Rumah 16.365 7.796 17.639 - 6.522 House
ATM 56.178 25.972 77.137 - 5.013 ATM
Total 263.612 103.975 240.631 - 126.956 Total
Nilai buku neto 239.442 172.472 Net book value
- 112 -
Page 598
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
13. Aset Tetap dan Aset Hak Guna (lanjutan) 13. Fixed Assets and Right of Use Assets
(continued)
Bank menyewa beberapa aset termasuk rumah Bank had rent a number of assets which include
dinas, gedung kantor, ruang ATM, kendaraan dan official houses, offices, ATM space, vehicle and
lain-lain. Rata-rata masa sewa adalah 5 (lima) others. The average of lease term is 5 (five) years.
tahun.
14. Aset Takberwujud 14. Intangible Assets
Aset takberwujud terdiri dari piranti lunak dan Intangible assets consist of computer softwares and
goodwill. goodwill.
2023 2022
Piranti lunak 340.104 189.338 Software
Goodwill 295.711 295.711 Goodwill
Sub-total 635.815 485.049 Sub-total
Dikurangi: Less:
Akumulasi amortisasi dan Accumulated amortization and
penurunan nilai (350.230) (283.055) impairment losses
Neto 285.585 201.994 Net
a. Piranti lunak a. Softwares
2023
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions Balance
Biaya perolehan 189.338 150.766 - 340.104 Cost
Akumulasi amortisasi Accumulated amortization
(Catatan 33) (176.826) (67.175) - (244.001) (Note 33)
Nilai buku neto 12.512 96.103 Net book value
2022
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions Balance
Biaya perolehan 189.233 8.825 8.720 189.338 Cost
Akumulasi amortisasi Accumulated amortization
(Catatan 33) (176.519) (6.412) 6.105 (176.826) (Note 33)
Nilai buku neto 12.714 12.512 Net book value
b. Goodwill b. Goodwill
Goodwill timbul dari akuisisi entitas anak Goodwill arose from the acquisition of
(Catatan 1c). Perubahan atas saldo goodwill subsidiaries (Note 1c). Movements in goodwill
pada tanggal 31 Desember 2023 dan balance as at December 31, 2023 and 2022 are
2022 adalah sebagai berikut: as follows:
2023
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions Balance
Biaya perolehan 295.711 - - 295.711 Cost
Akumulasi Accumulated
amortisasi *) (39.748) - - (39.748) amortization *)
Akumulasi penurunan Accumulated
nilai (66.481) - - (66.481) impairment
Nilai buku neto 189.482 189.482 Net book value
- 113 -
Page 599
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
14. Aset Takberwujud (lanjutan) 14. Intangible Assets (continued)
b. Goodwill (lanjutan) b. Goodwill (continued)
2022
Saldo Awal/ Saldo Akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions Balance
Biaya perolehan 295.711 - - 295.711 Cost
Akumulasi Accumulated
amortisasi *) (39.748) - - (39.748) amortization *)
Akumulasi penurunan Accumulated
nilai (66.481) - - (66.481) impairment
Nilai buku neto 189.482 189.482 Net book value
*) Akumulasi amortisasi sampai dengan 1 Januari *) Accumulated amortization until January 1, 2011
2011
Penurunan nilai sebesar Rp66.481 telah diakui Impairment losses amounting to Rp66,481 has
karena jumlah tercatat lebih besar dari jumlah been recognized as the carrying amount
terpulihkannya. Jumlah terpulihkan atas KBBS exceeds its recoverable amount. Recoverable
telah dihitung berdasarkan nilai pakai (value in amount of KBBS has been calculated based on
use) yang ditentukan dengan mendiskontokan value in use that is determined by discounting
arus kas masa depan berdasarkan anggaran the future cash flows resulting from financial
keuangan yang disetujui oleh manajemen untuk budget approved by management covering a 5
periode 5 (lima) tahun. (five) year period.
Bank telah melakukan uji penurunan nilai atas The Bank has performed impairment testing on
goodwill yang terbentuk dari akuisisi goodwill resulting from acquisition of PT Bank
PT Bank KB Bukopin Syariah (KBBS) dengan KB Bukopin Syariah (KBBS) with the following
asumsi utama yang digunakan adalah sebagai key assumptions used by the Bank:
berikut:
2023 2022
Tingkat diskonto 6,88% 10,88% Discount rate
Proyeksi tingkat pertumbuhan 4,5% 3% Projected growth rate
Produk Domestik Bruto 5,17% -3,69% Gross Domestic Product
Tingkat inflasi 2,28% 1,87% Inflation rate
Tingkat pertumbuhan terminal value 1,60% 5,90% Terminal value growth
Manajemen berpendapat bahwa tidak terdapat Management believes that there is no
penurunan nilai atas aset tak berwujud pada impairment on intangible assets as of
tanggal 31 Desember 2023 dan 2022. December 31, 2023 and 2022.
15. Aset Lain-lain 15. Other Assets
2023 2022
Rupiah: Rupiah:
Agunan yang diambil alih - neto 2.503.459 2.858.081 Foreclosed assets - net
Uang muka 772.143 88.722 Advance payments
Biaya dibayar dimuka 504.548 311.314 Prepaid Expenses
Bunga masih akan diterima 260.162 256.590 Accrued interest
Pembiayaan transaksi perdagangan 141.159 344.498 Trade financing
Setoran jaminan 98.972 100.295 Guarantee deposit
Tagihan terkait dengan Receivables relating to credit card
transaksi kartu kredit dan ATM - neto 66.328 81.329 and ATM transactions - net
Piranti lunak dalam pengembangan 33.267 148.346 Softwares in development
Pendapatan masih akan diterima 12.640 7.638 Accrued revenue
Lain-lain - neto 1.655.983 1.645.729 Others - net
Sub-total 6.048.661 5.842.542 Sub-total
- 114 -
Page 600
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
15. Aset Lain-lain (lanjutan) 15. Other Assets (continued)
2023 2022
Dolar Amerika Serikat: United States Dollar:
Bunga masih akan diterima 19.687 28.930 Accrued interest
Biaya dibayar di muka 106 942 Prepaid expenses
Sub-total 19.793 29.872 Sub-total
Total 6.068.454 5.872.414 Total
Pembiayaan transaksi perdagangan terdiri dari Trade financing consists of trade UPAS, flexy gas,
tagihan perdagangan UPAS, tagihan flexy gas, flexy flexy bill, flexy health, and trade invoice financing.
bill dan flexy health, serta tagihan invoice financing. With these facilities, debtors can receive short term
Dengan fasilitas ini debitur dapat memperoleh financing from the Group by using its invoices to
pembiayaan jangka pendek dari Grup dengan customer as collateral to Bank, and debtors have
menjaminkan tagihan pelanggan kepada Bank, dan the options to repay the financing by themselves or
debitur dapat memilih untuk melunasi pinjaman the Group can collect the amount required from the
tersebut sendiri atau Grup yang akan menagih customers. The Group has only started these
kepada pelanggan. Fasilitas pembiayaan ini mulai financing facilities in 2019.
dilaksanakan Grup pada tahun 2019.
Biaya dibayar di muka sebagian besar terdiri atas Prepaid expenses consist mainly of prepaid building
biaya-biaya sewa gedung, rumah, kendaraan, rent, housing rent, car rent, office equipment rent,
peralatan kantor, dan asuransi. and insurance.
Agunan yang diambil alih merupakan agunan yang Foreclosed assets consist of collaterals which were
diambil alih oleh Grup sehubungan dengan acquired by the Group in the settlement of loans in
penyelesaian kredit yang terdiri atas tanah, form of lands, buildings, vehicles, and others.
bangunan, kendaraan, dan lain-lain.
Nilai wajar agunan yang diambil alih masing-masing Fair value of foreclosed assets amounting to
sebesar Rp2.503.459 dan Rp2.858.081 per tanggal Rp2,503,459 and Rp2,858,081 as at December 31,
31 Desember 2023 dan 2022. 2023 and 2022, respectively.
Pada tanggal 31 Desember 2023 dan 2022, agunan As at December 31, 2023 and 2022, foreclosed
yang diambil alih berdasarkan kolektibilitas adalah assets based on collectability are as follow:
sebagai berikut:
2023 2022
Lancar 2.156 68.235 Current
Kurang lancar 910.081 1.995.308 Substandard
Diragukan 1.317.548 753.237 Doubtful
Macet 505.343 75.459 Loss
Saldo akhir tahun 2.735.128 2.892.239 Ending balance
Cadangan kerugian penurunan nilai (231.669) (34.158) Allowance for impaiment losses
Neto 2.503.459 2.858.081 Net
Manajemen berpendapat bahwa nilai tercatat Management believes that the carrying value of
agunan yang diambil alih merupakan nilai neto yang foreclosed assets represents their net realizable
dapat direalisasi. values.
Perubahan cadangan kerugian untuk agunan yang The movements in allowance for losses on
diambil alih adalah sebagai berikut: foreclosed assets were as follows:
- 115 -
Page 601
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
15. Aset Lain-lain (lanjutan) 15. Other Assets (continued)
2023 2022
Saldo awal 34.158 24.367 Begining balance
Beban selama tahun berjalan 197.511 9.791 Provision during the year
Saldo akhir 231.669 34.158 Ending balance
Uang muka terdiri dari uang muka yang dikeluarkan Advance payments consist of payments which relate
sehubungan dengan pembukaan cabang-cabang to the opening of new branch offices, branch
baru, relokasi cabang, renovasi gedung kantor, dan relocation, office building renovation, and other
uang muka biaya lain-lain. advance payments.
Pendapatan masih akan diterima merupakan Accrued revenue represents fees from third parties
pendapatan yang berasal dari penerimaan imbalan for electricity, water, telephone, tax, and other
dari pihak ketiga atas pembayaran listrik, air, payments made through the Group.
telepon, pajak, dan lain-lain melalui Grup.
Setoran jaminan terdiri dari setoran yang diberikan Guarantee deposits consist of Group’s payment to
Grup kepada pihak ketiga sebagai jaminan atas third parties as collateral on services or license that
pemakaian jasa atau perizinan yang diberikan oleh is delivered by third parties.
pihak ketiga.
16. Liabilitas Segera 16. Liabilities Immediately Payable
2023 2022
Pihak ketiga Third parties
Rupiah: Rupiah:
Titipan pembayaran dari nasabah 193.272 220.517 Payments from customers
Kiriman uang yang belum direalisasi 58.017 36.667 Unsettled money transfer
Titipan pajak sebagai bank persepsi 40.116 42.423 Tax collection received as collecting bank
Deposit pembukaan rekening 3 12 Deposit for opening accounts
Lain-lain 136.965 61.862 Others
Sub-total 428.373 361.481 Sub-total
Mata uang asing: Foreign currencies:
Kiriman uang yang
belum direalisasi 2.542 26.878 Unsettled money transfer
Lain-lain 487 163 Others
Sub-total 3.029 27.041 Sub-total
Total 431.402 388.522 Total
Titipan pembayaran dari nasabah terdiri dari Payments from customers consist of payments to
pembayaran kepada beberapa rekanan payment several payment points partners.
point.
Lain-lain terdiri dari deposito berjangka yang telah Others consist of matured time deposits, matured
jatuh tempo, setoran jaminan jatuh tempo dan lain- guarantee deposits and others.
lain.
- 116 -
Page 602
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
17. Giro 17. Demand Deposits
a. Berdasarkan pihak a. By counterparties
2023 2022
Pihak berelasi (Catatan 38) Related parties (Note 38)
Rupiah 3.080 259.920 Rupiah
Mata uang asing 6.014 398 Foreign currencies
Sub-total 9.094 260.318 Sub-total
Pihak ketiga Third parties
Rupiah 2.723.031 2.920.568 Rupiah
Mata uang asing 445.523 397.041 Foreign currencies
Sub-total 3.168.554 3.317.609 Sub-total
Total 3.177.648 3.577.927 Total
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022 demand
2022 giro yang berdasarkan pada prinsip deposits under sharia banking principles
perbankan syariah masing-masing sebesar amounted to Rp459,743 and Rp647,138,
Rp459.743 dan Rp647.138. respectively.
Giro yang dijadikan sebagai jaminan atau Demand deposits amounting to Rp753,970 and
diblokir oleh Bank pada tanggal 31 Desember Rp3,799,183 are pledged as collateral or
2023 dan 2022 masing-masing sebesar blocked by the Bank as at December 31, 2023
Rp753.970 dan Rp3.799.183. and 2022, respectively.
Giro yang berdasarkan pada prinsip perbankan Demand deposits under sharia banking
syariah yang dijadikan sebagai jaminan atas principles amounting to Rp58,280 and
pembiayaan/piutang syariah kepada beberapa Rp86,236 that are pledged as collateral for
debitur pada tanggal 31 Desember 2023 dan sharia financing/receivables granted to debtors
2022 masing-masing sebesar Rp58.280 dan as at December 31, 2023 and 2022,
Rp86.236. respectively.
b. Berdasarkan mata uang b. By currency
2023 2022
Rupiah 2.726.111 3.180.488 Rupiah
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 417.845 357.951 United States Dollar
Yen Jepang 32.241 35.127 Japanese Yen
Dolar Singapura 722 3.491 Singapore Dollar
Dolar Australia 432 439 Australian Dollar
Euro Eropa 262 383 European Euro
Poundsterling Inggris 35 48 Great Britain Poundsterling
451.537 397.439
Total 3.177.648 3.577.927 Total
c. Tingkat bunga rata-rata per tahun c. Average annual interest rates
Giro dalam mata uang asing terdiri dari Dolar Demand deposits in foreign currencies consist
Amerika Serikat, Yen Jepang, Dolar Australia, of United States Dollar, Japanese Yen,
Euro Eropa, Dolar Singapura dan Poundsterling Australian Dollar, European Euro, Singapore
Inggris. Dollar and Great Britain Poundsterling.
- 117 -
Page 603
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
17. Giro (lanjutan) 17. Demand Deposits (continued)
d. Tingkat bunga rata-rata per tahun (lanjutan) d. Average annual interest rates (continued)
Suku bunga rata-rata tertimbang setahun untuk The weighted average of interest rate per
Giro adalah sebagai berikut: annum for Demand deposits are as follows:
2023 2022
% %
Rupiah 0,12 0,13 Rupiah
Mata uang asing: Foreign currencies:
Dolar Singapura 0,85 0,17 Singapore Dollar
Poundsterling Inggris 0,25 0,25 Great Britain Poundsterling
Dolar Amerika Serikat 0,10 0,11 United States Dollar
Euro Eropa 0,09 0,01 European Euro
Dolar Australia 0,03 0,20 Australian Dollar
Yen Jepang 0,03 0,16 Japanese Yen
18. Tabungan 18. Savings Deposits
a. Berdasarkan pihak a. By counterparties
2023 2022
Pihak berelasi (Catatan 38) Related parties (Note 38)
Rupiah: Rupiah:
SiAga 18.130 9.546 SiAga
Mata uang asing: Foreign currencies:
SiAga 361 324 SiAga
18.491 9.870
Pihak ketiga Third parties
Rupiah: Rupiah:
SiAga 6.012.162 5.609.135 SiAga
Wadiah 249.284 280.039 Wadiah
Mudharabah 228.658 191.752 Mudharabah
Kerjasama 206.692 270.524 Kerjasama
Sikosi - 243.125 Sikosi
Lain-lain 104.545 236.594 Others
Mata uang asing: Foreign currencies:
SiAga 53.352 114.745 SiAga
6.854.693 6.945.914
Total 6.873.184 6.955.784 Total
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, savings
2022 tabungan yang berdasarkan pada prinsip deposits under sharia banking principles
perbankan syariah adalah sebesar Rp477.942 amounting to Rp477,942 and Rp471,791,
dan Rp471.791. respectively.
Adapun pos tabungan lain-lain terdiri atas Savings-Others consist of some products such
produk Tabungan Simple, Tabungan Wokee, as Tabungan Simple, Tabungan Wokee,
Tabungan Haji dan Tabunganku. Tabungan Haji and Tabunganku.
Tabungan yang dijadikan sebagai jaminan atau Savings deposits amounting to Rp2,119,864
diblokir oleh Bank pada tanggal 31 Desember and Rp2,407,214 are pledged as collateral or
2023 dan 2022 masing-masing sebesar blocked by the Bank as at December 31, 2023
Rp2.119.864 dan Rp2.407.214. and 2022, respectively.
- 118 -
Page 604
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
18. Tabungan (lanjutan) 18. Savings Deposits (continued)
a. Berdasarkan pihak a. By counterparties
Tabungan yang berdasarkan pada prinsip Savings deposits under sharia banking
perbankan syariah yang dijadikan sebagai principles amounting to Rp17,305 and Rp4,585
jaminan atas pembiayaan/piutang syariah are pledged as collateral to sharia
kepada beberapa debitur pada tanggal financing/receivables granted to debtors as at
31 Desember 2023 dan 2022 masing-masing December 31, 2023 and 2022, respectively.
sebesar Rp17.305 dan Rp4.585.
b. Berdasarkan mata uang b. By currency
2023 2022
Rupiah 6.819.471 6.840.715 Rupiah
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 51.876 112.659 United States Dollar
Euro Eropa 1.087 1.083 European Euro
Dolar Australia 319 335 Australian Dollar
Yen Jepang 214 300 Japanese Yen
Dolar Singapura 210 684 Singapore Dollar
Poundsterling Inggris 7 8 Great Britain Poundsterling
Sub-total 53.713 115.069 Sub-total
Total 6.873.184 6.955.784 Total
c. Tingkat bunga rata-rata per tahun c. Average annual interest rates
Tabungan dalam mata uang asing terdiri dari Saving deposits in foreign currencies consist of
Dolar Amerika Serikat, Dolar Australia, United States Dollar, Australian Dollar, Great
Poundsterling Inggris, Euro Eropa, Dolar Britain Poundsterling, European Euro,
Singapura dan Yen Jepang. Singapore Dollar and Japanese Yen.
Suku bunga rata-rata tertimbang setahun untuk The weighted average of interest rate per
tabungan adalah sebagai berikut: annum for saving deposits are as follows:
2023 2022
% %
Rupiah 0,16 0,21 Rupiah
Mata uang asing: Foreign currencies:
Dolar Singapura 1,00 0,88 Singapore Dollar
Dolar Australia 0,26 1,00 Australian Dollar
Poundsterling Inggris 0,25 0,25 Great Britain Poundsterling
Euro Eropa 0,08 0,07 European Euro
Dolar Amerika Serikat 0,06 0,10 United States Dollar
Yen Jepang 0,01 0,01 Japanese Yen
19. Deposito Berjangka 19. Time Deposits
a. Berdasarkan pihak a. By counterparties
2023 2022
Pihak berelasi (Catatan 38) Related parties (Note 38)
Rupiah 38.129 55.086 Rupiah
Mata uang asing 2.182 761 Foreign currencies
40.311 55.847
- 119 -
Page 605
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
19. Deposito Berjangka (lanjutan) 19. Time Deposits (continued)
a. Berdasarkan pihak (lanjutan) a. By counterparties (continued)
2023 2022
Pihak ketiga Third parties
Rupiah 31.206.482 38.216.295 Rupiah
Mata uang asing 3.491.518 3.156.517 Foreign currencies
34.698.000 41.372.812
Total 34.738.311 41.428.659 Total
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022 time
2022 deposito berjangka yang berdasarkan deposits under sharia banking principles
pada prinsip perbankan syariah masing-masing amounted to Rp5,068,360 and Rp4,470,295,
sebesar Rp5.068.360 dan Rp4.470.295. respectively.
Deposito berjangka yang dijadikan sebagai Time deposits amounting to Rp1,035,272 and
jaminan atau diblokir oleh Bank pada tanggal Rp869,451 are pledged as collateral or blocked
31 Desember 2023 dan 2022 masing-masing by the Bank as at December 31, 2023 and
sebesar Rp1.035.272 dan Rp869.451. 2022, respectively.
Deposito berjangka yang berdasarkan pada Time deposits under sharia banking principles
prinsip perbankan syariah yang dijadikan amounting to Rp125,717 and Rp420,559 are
sebagai jaminan atas pembiayaan/piutang pledged as collateral to sharia financing/
syariah kepada beberapa debitur pada tanggal receivables granted to debtors as of
31 Desember 2023 dan 2022 masing-masing
December 31, 2023 and 2022, respectively.
sebesar Rp125.717 dan Rp420.559.
b. Berdasarkan mata uang b. By currency
2023 2022
Rupiah 31.244.611 38.271.381 Rupiah
Mata uang asing: Foreign currencies:
Dolar Amerika Serikat 3.489.847 3.150.417 United States Dollar
Euro Eropa 2.376 2.312 European Euro
Dolar Australia 842 3.674 Australian Dollar
Dolar Singapura 635 826 Singapore Dollar
Yen Jepang - 49 Japanese Yen
Sub-total 3.493.700 3.157.278 Sub-total
Total 34.738.311 41.428.659 Total
c. Tingkat bunga rata-rata per tahun c. Average annual interest rate by contract
berdasarkan periode penempatan period
Tingkat bunga rata-rata per tahun (%)/
Average interest rates per annum (%)
2023 2022 Nilai nominal/Nominal value
% % 2023 2022
Rupiah: Rupiah:
1 bulan 3,34 3,10 8.641.175 12.160.413 1 month
3 bulan 3,76 3,28 8.964.456 9.021.219 3 months
6 bulan 3,97 3,62 7.750.899 6.733.785 6 months
12 bulan 4,00 3,82 5.888.081 10.355.964 12 months
31.244.611 38.271.381
- 120 -
Page 606
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
19. Deposito Berjangka (lanjutan) 19. Time Deposits (continued)
c. Tingkat bunga rata-rata per tahun c. Average annual interest rate by contract
berdasarkan periode penempatan (lanjutan) period (continued)
Tingkat bunga rata-rata per tahun (%)/
Average interest rates per annum (%)
2023 2022 Nilai nominal/Nominal value
% % 2023 2022
Mata uang asing: Foreign currencies:
1 bulan 0,02 0,02 990.041 2.546.026 1 month
3 bulan 0,03 0,02 1.592.250 33.365 3 months
6 bulan 0,04 0,02 120.453 21.997 6 months
12 bulan 0,05 0,03 790.956 555.890 12 months
3.493.700 3.157.278
Total 34.738.311 41.428.659 Total
d. Berdasarkan sisa umur sampai dengan d. By remaining period to maturity
jatuh tempo
2023 2022
Rupiah: Rupiah:
Sampai dengan 1 bulan 12.969.924 16.143.833 Up to 1 month
> 1 - 3 bulan 9.384.799 9.305.142 > 1 - 3 months
> 3 - 6 bulan 6.829.733 5.914.806 > 3 - 6 months
> 6 - 12 bulan 2.060.155 6.907.600 > 6 - 12 months
31.244.611 38.271.381
Mata uang asing: Foreign currencies:
Sampai dengan 1 bulan 1.022.486 2.622.924 Up to 1 month
> 1 - 3 bulan 1.653.199 32.590 > 1 - 3 months
> 3 - 6 bulan 157.656 16.880 > 3 - 6 months
> 6 - 12 bulan 660.359 484.884 > 6 - 12 months
3.493.700 3.157.278
Total 34.738.311 41.428.659 Total
20. Simpanan Dari Bank Lain 20. Deposits From Other Banks
a. Berdasarkan mata uang dan jenis a. By currency and type
2023 2022
Pihak berelasi (Catatan 38) Related parties (Note 38)
Rupiah: Rupiah:
Giro 913 3.032 Demand deposits
Dolar Amerika Serikat: United States Dollar:
Interbank call money 7.698.500 10.118.875 Interbank call money
Sub-total 7.699.413 10.121.907 Sub-total
Pihak ketiga Third parties
Rupiah: Rupiah:
Interbank call money 130.000 - Interbank call money
Tabungan 22.060 89.109 Savings deposits
Deposito berjangka 21.200 150.115 Time deposits
Giro 14.048 20.244 Demand deposits
Sub-total 187.308 259.468 Sub-total
Total 7.886.721 10.381.375 Total
- 121 -
Page 607
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
20. Simpanan Dari Bank Lain (lanjutan) 20. Deposits From Other Banks (continued)
a. Berdasarkan mata uang dan jenis (lanjutan) a. By currency and type (continued)
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, deposits
2022, terdapat simpanan dari bank lain yang from other banks under sharia banking
berdasarkan pada prinsip perbankan syariah principles amounted to Rp180,553 and
masing-masing sebesar Rp180.553 dan Rp64,651, respectively.
Rp64.651.
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, there were
2022, tidak terdapat simpanan dari Bank lain no deposits from other Banks pledged as
yang dijadikan sebagai jaminan atau diblokir collateral or blocked by the Bank.
oleh Bank.
b. Tingkat bunga rata-rata per tahun b. Average annual interest rates
2023 2022
% %
Rupiah: Rupiah:
Deposito berjangka 3,55 3,54 Time deposits
Tabungan 1,19 1,27 Savings deposits
Giro 0,80 0,68 Demand deposits
Interbank call money 0,48 3,62 Interbank call money
Mata uang asing: Foreign currencies:
Interbank call money 5,36 2,02 Interbank call money
Deposito berjangka 0,00 0,42 Time deposits
Giro 000 0,00 Demand deposits
c. Berdasarkan sisa umur sampai dengan saat c. Based on their remaining period to maturity
jatuh tempo
2023 2022
Rupiah: Rupiah:
Sampai dengan 1 bulan 179.221 172.298 Up to 1 month
> 1 bulan - 3 bulan 8.000 71.701 > 1 month - 3 months
> 3 bulan - 12 bulan 1.000 18.501 > 3 months - 12 months
188.221 262.500
Dolar Amerika Serikat: United States Dollar:
Sampai dengan 1 bulan 4.465.130 10.118.875 Up to 1 month
> 1 bulan - 3 bulan 3.233.370 - > 1 month - 3 months
> 3 bulan - 12 bulan - - > 3 months - 12 months
7.698.500 10.118.875
Total 7.886.721 10.381.375 Total
21. Pajak Penghasilan 21. Income Tax
a. Utang pajak a. Taxes payable
2023 2022
Pajak penghasilan: Income tax:
Pasal 23 dan 4(2) 38.148 37.168 Articles 23 and 4(2)
Pasal 26 12.786 9.595 Article 26
Pasal 21 7.670 5.211 Article 21
Pajak pertambahan nilai 6.006 4.456 Value added tax
Lain-lain 25 66 Other
Total 64.635 56.496 Total
- 122 -
Page 608
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
b. Beban pajak penghasilan b. Income tax expense
2023 2022
Manfaat pajak Deferred tax benefit
tangguhan - Bank 702.789 94.711 - Bank
Manfaat pajak tangguhan Deferred tax benefit -
- entitas anak 28.895 18.441 subsidiaries
Total manfaat pajak tangguhan 731.684 113.152 Total deferred tax benefit
Total Manfaat Pajak Total Current Year
Tahun Berjalan 731.684 113.152 Tax Benefit
Rekonsiliasi antara beban pajak penghasilan The reconciliation between income tax expense
dengan hasil perkalian rugi akuntansi sebelum and the loss before income tax multiplied by the
pajak penghasilan menggunakan tarif yang enacted tax rate is as follows:
berlaku adalah sebagai berikut:
2023 2022
Rugi sebelum beban pajak Loss before income tax
penghasilan dalam laporan expense in the consolidated
laba rugi dan penghasilan statement of profit or loss and
komprehensif lain konsolidasian (6.787.387) (5.145.656) other comprehensive income
Bagian laba Net income of
bersih entitas anak 573.818 80.965 subsidiaries
Rugi sebelum pajak Loss before
penghasilan - Bank (6.213.569) (5.064.691) income tax - Bank
Manfaat pajak sesuai Tax benefit based on
tarif pajak yang berlaku 1.366.985 1.114.232 applicable tax rate
Biaya-biaya yang tidak
dapat dikurangkan (11.976) (22.745) Non-deductible expenses
Pendapatan dari investasi Income from mutual fund
reksadana yang tidak investment
dikenakan pajak 567 1.700 exempted from tax
Penyesuaian atas manfaat Adjustment in deferred
pajak tangguhan (652.787) (998.476) tax benefit
Penyesuaian tarif pajak Adjustment in corporate
penghasilan badan - - income tax rate
702.789 94.711
Manfaat pajak entitas anak Tax benefits of subsidiaries
Tangguhan 28.895 18.441 Deferred
28.895 18.441
Manfaat pajak Income tax
penghasilan - neto 731.684 113.152 benefit - net
Rekonsiliasi antara rugi sebelum beban pajak The reconciliation between loss before income
penghasilan, seperti yang disajikan dalam tax expense, as shown in the consolidated
laporan laba rugi dan penghasilan statement of profit or loss and other
komprehensif lain konsolidasian dengan comprehensive income and estimated fiscal
taksiran rugi fiskal untuk tahun yang berakhir loss for the years ended December 31, 2023
pada tanggal 31 Desember 2023 dan 2022 and 2022 are as follows:
adalah sebagai berikut:
- 123 -
Page 609
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Rekonsiliasi antara rugi sebelum beban pajak The reconciliation between loss before income
penghasilan, seperti yang disajikan dalam tax expense, as shown in the consolidated
laporan laba rugi dan penghasilan statement of profit or loss and other
komprehensif lain konsolidasian dengan comprehensive income and estimated fiscal
taksiran rugi fiskal untuk tahun yang berakhir loss for the years ended December 31, 2023
pada tanggal 31 Desember 2023 dan 2022 and 2022 are as follows:
adalah sebagai berikut:
2023 2022
Rugi sebelum beban pajak Loss before income tax
penghasilan dalam laporan expense in the consolidated
laba rugi dan penghasilan statement of profit or loss and
komprehensif lain konsolidasian (6.787.387) (5.145.656) other comprehensive income
Bagian laba bersih entitas anak 573.818 80.965 Net income of subsidiaries
Rugi sebelum pajak Loss before income
penghasilan - Bank (6.213.569) (5.064.691) tax - Bank
Perbedaan tetap: Permanent differences:
Representasi 3.707 5.037 Representations
Sumbangan dan hadiah 3.500 6.494 Donations and gifts
Aktivitas karyawan 250 1.341 Employee activities
Reksadana yang tidak Investment exempted
dikenakan pajak (2.576) (7.729) from tax
Lain-lain 46.978 90.513 Others
Total perbedaan tetap 51.859 95.656 Total permanent differences
Perbedaan waktu: Timing differences:
Cadangan kerugian Provision (reversal of allowance)
(pembalikan cadangan): for impairment losses on:
Kredit yang diberikan
dan piutang 2.528.696 (2.201.316) Loans and receivables
Penyusutan aset tetap 11.221 (6.868) Depreciation of fixed assets
Beban untuk kesejahteraan Employee service
karyawan (15.103) (229.059) entitlements expense
Cadangan bonus 19.326 (2.265) Bonus allowance
Cadangan kerugian penurunan Allowance for impairment losses
nilai asset yang diambil alih 204.873 - - foreclosed Asset
Cadangan kerugian penurunan Allowance for impairment losses
nilai flexy pay 51.597 - of flexy pay
Lain-lain (23.771) (24.211) Others
Total perbedaan waktu 2.776.839 (2.463.719) Total timing differences
Rugi fiskal (3.384.871) (7.432.754) Fiscal loss
Kompensasi rugi fiskal yang kemungkinan The fiscal loss compensation that may
dapat dimanfaatkan untuk mengurangi potentially be utilized to reduce taxable income
penghasilan kena pajak pada masa mendatang in the future is as follows:
adalah sebagai berikut:
Fiscal loss compensation
Kompensasi rugi fiskal carry forward
2021 - 1.806.355 2021
2022 6.429.474 7.432.754 2022
2023 3.384.871 - 2023
Total 9.814.345 9.239.109 Total
Rugi fiskal Bank hasil rekonsiliasi di atas akan Fiscal loss of the Bank resulting from the
menjadi dasar dalam pengisian SPT Tahunan reconciliation above will became the basis for
PPh Badan untuk pelaporan SPT tahun buku filing the Corporate Annual Tax Returns for
2023. fiscal years 2023.
- 124 -
Page 610
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
b. Beban pajak penghasilan (lanjutan) b. Income tax expense (continued)
Rugi fiskal Bank hasil rekonsiliasi di atas telah Fiscal loss of the Bank resulting from the
sesuai dengan SPT Tahunan PPh Badan untuk reconciliation agreed with filing the Corporate
pelaporan SPT tahun buku 2022. Annual Tax Returns for fiscal years 2022.
c. Aset (liabilitas) pajak tangguhan c. Deferred tax assets (liabilities)
Pengaruh pajak tangguhan atas beda waktu The tax effects of significant temporary
yang signifikan antara pelaporan komersial dan differences between commercial reporting and
perpajakan adalah sebagai berikut: tax purposes are as follows:
Saldo (Dibebankan) Saldo
Awal Dikreditkan Akhir
1 Januari/ ke Laporan 31 Desember/
Beginning Laba Rugi/ Dikreditkan Ending
Balance (Charged) ke Ekuitas/ Balance
January 1, Credit to Credited December 31,
2023 Profit or Loss to Equity 2023
Aset pajak tangguhan Deferred tax assets
Liabilitas imbalan Post-employee
kerja 46.805 (24.254) (1.415) 21.136 benefit liability
Cadangan kerugian Allowance for
kartu kredit 5.791 (1.042) - 4.749 credit card
Penyusutan aset Depreciation of
tetap 17.535 (11.266) - 6.269 fixed assets
Rugi fiskal 2.032.604 126.550 - 2.159.154 Fiscal loss
Cadangan kerugian
penurunan nilai Allowance for impairment
aset yang diambil alih - - 45.072 - 45.072 losses of foreclosed aset
Cadangan kerugian Allowance for
penurunan nilai impairment losses
kredit yang diberikan on loans financial
dan pembiayaan/ assets and sharia
piutang syariah (214.915) 556.313 - 341.398 financing/receivable
Lain-lain 5.428 15.475 - 20.903 Others
Aset pajak Deferred tax
tangguhan 1.893.248 706.848 (1.415) 2.598.681 assets
Liabilitas pajak
tangguhan Deferred tax liabilities
Amortisasi goodwill (33.673) (4.059) - (37.732) Goodwill amortization
Kentungan dari Unrealized on
perubahan nilai changes in fair value
atas instrumen of debt instrument
pada nilai wajar through
melalui penghasilan comprehensive
komprehensif lain (741) - (1.392) (2.133) income
Liabilitas pajak Deferred tax
Tangguhan (34.414) (4.059) (1.392) (39.865) liabilities
Aset pajak tangguhan - Deferred Tax assets -
Bank - neto 1.858.834 702.789 (2.807) 2.558.816 Bank - net
Aset pajak tangguhan - Deferred tax assets -
entitas anak - neto 83.317 28.895 (485) 111.727 ubsidiaries - net
Total 1.942.151 731.684 (3.292) 2.670.543 Total
Saldo (Dibebankan) Saldo
Awal Dikreditkan Akhir
1 Januari/ ke Laporan 31 Desember/
Beginning Laba Rugi/ Dikreditkan Ending
Balance (Charged) ke Ekuitas/ Balance
January 1, Credit to Credited December 31,
2022 Profit or Loss to Equity 2022
Aset pajak tangguhan Deferred tax assets
Liabilitas imbalan Post-employee
kerja 102.425 (50.393) (5.227) 46.805 benefit liability
Cadangan kerugian Allowance for
kartu kredit 6.845 (1.054) 5.791 credit card
Penyusutan aset Depreciation of
tetap 19.046 (1.511) 17.535 fixed assets
Rugi fiskal 1.395.876 636.728 2.032.604 Fiscal loss
Lain-lain 6.136 (708) 5.428 Others
Aset pajak Deferred tax
tangguhan 1.530.328 583.062 (5.227) 2.108.163 assets
- 125 -
Page 611
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
c. Aset (liabilitas) pajak tangguhan (lanjutan) c. Deferred tax assets (liabilities) (continued)
Saldo (Dibebankan) Saldo
Awal Dikreditkan Akhir
1 Januari/ ke Laporan 31 Desember/
Beginning Laba Rugi/ Dikreditkan Ending
Balance (Charged) ke Ekuitas/ Balance
January 1, Credit to Credited December 31,
2022 Profit or Loss to Equity 2022
Liabilitas pajak
tangguhan Deferred tax liabilities
Amortisasi goodwill (29.612) (4.061) (33.673) Goodwill amortization
Kentungan dari Unrealized on
perubahan nilai changes in fair value
atas instrumen of debt instrument
pada nilai wajar through
melalui penghasilan comprehensive
komprehensif lain (16.170) 15.429 (741) income
Cadangan kerugian Allowance for
penurunan nilai impairment losses
kredit yang diberikan on loans financial
dan pembiayaan/ assets and sharia
piutang syariah 269.375 (484.290) (214.915) financing/receivable
Liabilitas pajak Deferred tax
Tangguhan 223.593 (488.351) 15.429 (249.329) liabilities
Aset pajak tangguhan - Deferred Tax assets -
Bank - neto 1.753.921 94.711 10.202 1.858.834 Bank - net
Aset pajak tangguhan - Deferred tax assets -
entitas anak - neto 65.311 18.441 (436) 83.317 subsidiaries -net
Total 1.819.232 113.152 9.766 1.942.151 Total
d. Administrasi d. Administrative
Pada tanggal 29 Oktober 2021, Pemerintah On October 29, 2021, the Government issued
menerbitkan Undang-Undang Republik Law of the Republic of Indonesia No. 7 year
Indonesia No. 7 Tahun 2021 tentang 2021 concerning Harmonization of Tax
Harmonisasi Peraturan Perpajakan. Aturan Regulations. The Regulation has stipulated the
tersebut menetapkan tarif pajak penghasilan income tax rate for domestic taxpayers and
wajib pajak dalam negeri dan bentuk usaha business establishments of 22% which will be
tetap sebesar 22% yang mulai berlaku pada effective from the Fiscal Year 2022 onwards,
tahun pajak 2022 dan seterusnya, dan and a further reduction of the tax rate of 3% for
tambahan pengurangan tarif pajak sebesar 3% domestic taxpayers who meet certain
bagi wajib pajak dalam negeri yang memenuhi requirements. Hence, the previously tax rate
kriteria tertentu. Dengan demikian, penetapan determination of 20% will be invalid after the
tarif pajak sebelumnya sebesar 20% menjadi ratification of this Law.
tidak berlaku setelah Undang-Undang ini
disahkan.
Pada Peraturan Pemerintah Pengganti In Government Regulation in Lieu of Law of the
Undang-Undang Republik Indonesia Republic of Indonesia No. 1/2020 in Article 5
No. 1/2020 di Pasal 5 ayat 2 menyebutkan paragraph 2 mentions that domestic tax payers:
Wajib Pajak dalam negeri:
i. Berbentuk perseroan terbuka; i. In the form of a public company;
ii. Dengan jumlah keseluruhan saham yang ii. With the total number of paid-up shares
disetor diperdagangkan pada bursa efek di traded on the stock exchange in Indonesia
Indonesia paling sedikit 40% (empat puluh at least 40% (forty percent);
persen);
iii. Memenuhi persyaratan tertentu, dapat iii. Fulfilling certain requirements, can get a
memperoleh tarif sebesar 3% (tiga persen) tariff of 3% (three percent) lower than the
lebih rendah dari tarif sebagaimana rate as referred to in paragraph (1) letter a
dimaksud pada ayat (1) huruf a dan and letter b.
huruf b.
- 126 -
Page 612
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
d. Administrasi (lanjutan) d. Administrative (continued)
Berdasarkan Laporan Bulanan Kepemilikan Based on the Monthly Report on Share
Saham Emiten atau perusahaan Publik dan Ownership of Issuers or Public Companies and
Rekapitulasi yang telah dilaporkan Nomor: Recapitulation which has been reported
DE/I/24-0221 tanggal 4 Januari 2024 dan Number: DE/I/24-0221 dated January 4, 2024
DE/I/23-0330 tanggal 4 Januari 2023 dari and DE/I/23-0330 dated January 4, 2023 from
PT Datindo Entrycom atas kepemilikan saham PT Datindo Entrycom for the Bank's share
Bank periode yang berakhir pada 31 Desember ownership for the period ending December 31,
2023 and 31 Desember 2022, Bank tidak 2023 and December 31, 2022, the Bank does
memenuhi kriteria untuk mendapatkan not meet the criteria for obtaining a reduced tax
pengurangan tarif pajak karenanya Bank rate, therefore the Bank uses a tax rate of 22%
menggunakan tarif pajak 22% dalam in calculating Corporate Income Tax.
perhitungan PPh Badan.
Sesuai dengan peraturan perpajakan di In accordance with the taxation laws in
Indonesia, Bank menghitung dan Indonesia, the Bank calculates and submits
melaporkan/menyetorkan pajak berdasarkan income tax returns based on self-assessment.
sistem self-assessment. Fiskus dapat The tax authorities may assess/amend taxes
menetapkan/mengubah pajak-pajak tersebut within the statute of limitations under the
dalam jangka waktu tertentu sesuai dengan prevailing regulations.
peraturan yang berlaku.
e. Pemeriksaan pajak e. Tax assessments
2003, 2004, dan 2006 2003, 2004, and 2006
Pada bulan September 2008, berdasarkan In September 2008, based on Tax Audit for
pemeriksaan Tahun Pajak 2003, 2004 dan years 2003, 2004 and 2006, Tax Office (KPP)
2006, Kantor Pelayanan Pajak (KPP) issued Tax Underpayment Assessment Letters
menerbitkan Surat Ketetapan Pajak Kurang (SKPKB) for VAT on foreclosed assets and VAT
Bayar (SKPKB) PPN atas penjualan AYDA dan on murabahah amounted to Rp74,700.
transaksi murabahah, total senilai Rp74.700.
Atas SKPKB tersebut, pada bulan Desember For that SKPKB, in December 2008, the Bank
2008, Bank mengajukan keberatan karena proposed an objection, because according to
menurut Bank, baik transaksi penjualan AYDA the Bank, both foreclosed assets and
maupun murabahah bukanlah merupakan objek murabahah transactions were not subject to
PPN. Transaksi murabahah bukan merupakan VAT. Murabahah transactions are not buying
transaksi jual beli, melainkan transaksi and selling transactions, but financing
pembiayaan dengan akad jual beli. transactions under sale and purchase contracts.
Sebagaimana diatur dalam Undang-Undang As stipulated in Law No. 7 of 1992 concerning
(UU) No. 7 Tahun 1992 tentang Perbankan Banking which has been amended by Law No.
yang telah diubah dengan UU No. 10 Tahun 10 of 1998 and Law No. 21 of 2008 concerning
1998 dan UU No. 21 Tahun 2008 tentang Sharia Banking, murabahah financing is
Perbankan Syariah, pembiayaan murabahah financial services in the area of financing. In
adalah jasa keuangan di bidang pembiayaan. accordance with Law No. 8 of 1983 which was
Sesuai dengan UU No. 8 Tahun 1983 yang amended by Law No. 18 of 2000 concerning
telah diubah dengan UU No. 18 Tahun 2000 VAT on Goods and Services and Sales Tax on
tentang PPN atas Barang dan Jasa dan Pajak Luxury Goods, financial services in the
Penjualan atas Barang Mewah, jasa keuangan financing sector included in the service category
bidang pembiayaan masuk dalam kategori jasa that is not subject to VAT. On October 19, 2009,
yang tidak dikenai PPN. Pada tanggal 19 the DGT rejected the Bank's objection.
Oktober 2009, DJP menolak keberatan Bank.
- 127 -
Page 613
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2003, 2004, dan 2006 (lanjutan) 2003, 2004, and 2006 (continued)
Atas penolakan tersebut, pada tanggal For this refusal, on December 30, 2009, the
30 Desember 2009, Bank mengajukan banding Bank filed an appeal to the Tax Court, both for
ke Pengadilan Pajak, baik terhadap pengenaan the imposition of VAT on the sale of the
PPN atas penjualan AYDA maupun transaksi foreclosed assets and murabahah transactions.
murabahah. Pada bulan Juni 2011, Pengadilan In June 2011, the Tax Court rejected the appeal
Pajak menolak permohonan banding yang submitted by the Bank.
diajukan Bank.
Sebagai syarat pengajuan banding As a precondition for filing an appeal as
sebagaimana diatur dalam UU No. 14 Tahun stipulated in Law No. 14 of 2002 concerning
2002 tentang Pengadilan Pajak Pasal 36 ayat Tax Court Article 36 paragraph 4, the Bank has
4, Bank telah melakukan cicilan pembayaran made installments of SKPKB payments to the
SKPKB kepada Kantor Pajak, yaitu sejumlah Tax Office, which is a total of 50% of the value
50% dari nilai sengketa atau sebesar Rp32.700. of the dispute or amounting to Rp32,700. This
Pengeluaran ini dicatat dalam aset lain-lain expenditure is recorded in other assets (down
(uang muka). Berdasarkan keputusan payment). Based on the decision of the Tax
Pengadilan Pajak yang menolak banding Bank, Court which rejected the Bank's appeal, over
atas sengketa PPN penjualan AYDA, Bank the dispute over the sale of the foreclosed
telah melakukan penyesuaian uang muka assets, the Bank made an advance adjustment
sebesar Rp2.191. Dengan demikian, of Rp2,191. Thus, the payment of VAT SKPKB
pembayaran SKPKB PPN yang saat ini masih currently recorded in other assets (down
dicatat di aset lain-lain (uang muka) adalah atas payment) is for murabahah transactions, which
transaksi murabahah, yaitu sebesar Rp30.509. is amounted to Rp30,509.
Selama proses sengketa pajak berlangsung During the tax dispute process (2009-2010), the
(2009-2010), Pemerintah mengeluarkan Government issued a law/regulation related to
undang-undang/peraturan terkait pengenaan the imposition of VAT on murabahah
PPN atas transaksi murabahah. Pada tanggal transactions. On October 15, 2009,
15 Oktober 2009, Pemerintah menerbitkan UU the Government issued Law No. 42 of 2009
No. 42 tahun 2009 tentang Perubahan Ketiga concerning the Third Amendment to Law No. 8
atas Undang-undang No. 8 tahun 1983 tentang of 1983 concerning Value Added Goods and
Pajak Pertambahan Nilai Barang dan Jasa dan Services Tax and Sales Tax on Luxury Goods.
Pajak Penjualan atas Barang Mewah. The law stipulates that starting April 1, 2010,
UU tersebut menegaskan bahwa terhitung financing services based on sharia principles
sejak 1 April 2010, jasa pembiayaan are not subject to VAT.
berdasarkan prinsip syariah tidak dikenai PPN.
Pada tanggal 25 Mei 2010, Pemerintah On May 25, 2010, the Government issued
menerbitkan UU No. 2 tahun 2010 tentang Law No. 2 of 2010 concerning Amendments to
Perubahan atas Undang-Undang Nomor 47 Law Number 47 of 2009 concerning the State
Tahun 2009 tentang Anggaran Pendapatan dan Budget (APBN) Budget Year 2010, which states
Belanja Negara (APBN) Tahun Anggaran 2010, that Murabahah VAT of sharia banks (including
yang menyatakan bahwa PPN murabahah Bank KB Bukopin), is borne by the Government,
Bank syariah (termasuk Bank KB Bukopin), with a budget plafond for Bank KB Bukopin of
ditanggung oleh Pemerintah, dengan pagu Rp76,414.
anggaran untuk Bank KB Bukopin sebesar
Rp76.414.
Menindaklanjuti UU tersebut, pada tanggal Following up on the Act, on December 28,
28 Desember 2010, Menteri Keuangan 2010, the Minister of Finance of the
Republik Indonesia menerbitkan peraturan Republic of Indonesia issued regulation
No. 251/PMK.011/2010 tentang Pajak No. 251/PMK.011/2010 concerning Value
Pertambahan Nilai yang ditanggung Pemerintah Added Tax borne by the Government for the
atas Transaksi Murabahah Perbankan Syariah Fiscal Year 2010 of Murabahah Transactions
Tahun Anggaran 2010 yang menyatakan Sharia Banking stating that:
bahwa:
- 128 -
Page 614
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2003, 2004, dan 2006 (lanjutan) 2003, 2004, and 2006 (continued)
1) Atas transaksi murabahah perbankan 1) Those sharia banking murabahah
syariah yang dilakukan sebelum tanggal transactions conducted before April 1, 2010,
1 April 2010, dikenai PPN. are subject to VAT.
2) PPN terutang yang telah diterbitkan Surat 2) The VAT payable issued by the Tax
Ketetapan Pajak, ditanggung Pemerintah. Assessment Letter is borne by the
Government.
3) PPN ditanggung pemerintah tersebut, 3) The VAT borne by the Government therein,
diberikan dengan pagu anggaran sebesar is given a budget ceiling of Rp328,000 as
Rp328.000 sebagaimana diatur dalam stipulated in Law No. 2 of 2010 (including for
UU No. 2 tahun 2010 (termasuk untuk Bank Bank KB Bukopin Rp76,414).
KB Bukopin Rp76.414).
4) Wajib pajak bank syariah yang telah 4) Sharia bank taxpayers who have paid
membayar Surat Ketetapan Pajak atas Tax Assessment Letters for murabahah
transaksi murabahah, dapat diberikan transactions, can be given a tax refund in
pengembalian pajak sesuai dengan accordance with applicable tax provisions.
ketentuan perpajakan yang berlaku.
Berdasarkan pada UU No. 2 tahun 2010 dan Based on Law No. 2 of 2010 and
PMK No. 251/PMK.011/2010 tersebut, pada PMK No. 251/PMK.011/2010, on March 22,
tanggal 22 Maret 2017, Bank mengajukan 2017, the Bank submitted an application for
permohonan pengembalian atas kelebihan the return of excess tax payments that should
pembayaran pajak yang seharusnya tidak not be payable under Article 17 paragraph (2) of
terutang berdasarkan Pasal 17 ayat (2) Undang- Law No. 6 of 1983 concerning General
undang No. 6 Tahun 1983 tentang Ketentuan Provisions and Procedures for Taxation as
Umum dan Tata Cara Perpajakan sebagaimana amended several times, the latest by
telah beberapa kali diubah terakhir dengan Law No. 16 of 2009. On April 7, 2017, the
Undang-undang No. 16 Tahun 2009. Pada Directorate General of Taxation (DGT) rejected
tanggal 7 April 2017, Direktorat Jenderal Pajak the Bank's request. In connection with the
(DJP) menolak permohonan Bank. Sehubungan refusal, the Bank filed a claim to the Tax Court.
dengan penolakan tersebut, Bank mengajukan
gugatan ke Pengadilan Pajak.
Pada tanggal 13 Februari 2018, Bank telah On February 13, 2018, the Bank has accepted
menerima keputusan Pengadilan Pajak yang the decision of the Tax Court to reject the
menolak gugatan Bank. Atas keputusan Bank's claim. For the decision, on April 30,
tersebut, pada tanggal 30 April 2018, Bank telah 2018, the Bank has submitted a request for a
mengajukan permohonan peninjauan kembali ke judicial review to the Supreme Court.
Mahkamah Agung.
Pada tanggal 8 November 2018, Mahkamah On November 8, 2018, the Supreme Court
Agung mengeluarkan keputusan untuk issued the decision for judicial review of the VAT
peninjauan kembali sengketa PPN murabahah murabahah year 2003 and rejected the Bank's
tahun 2003 dan menolak permohonan Bank. request.
Pada tanggal 10 Desember 2018, Mahkamah On December 10, 2018, the Supreme Court
Agung mengeluarkan keputusan peninjauan issued the decision for judicial review of the
kembali sengketa PPN murabahah tahun 2004 VAT murabahah year 2004 and 2006, and
dan 2006, dan menolak permohonan Bank. rejected the Bank's request.
Pada tahun 2022, Bank memutuskan untuk In 2022, the Bank decided to dismiss the legal
menghentikan upaya hukum penyelesaian attempts on this tax dispute and accept the
sengketa pajak ini dan menerima hasil results of the Supreme Court's decision.
keputusan Mahkamah Agung.
- 129 -
Page 615
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2013 2013
Pada tanggal 27 Agustus 2018, Bank telah On August 27, 2018, the Bank has received
menerima beberapa SKP nihil, SKPKB, dan Notices of nil Tax Assessment, SKPKB and
STP atas pemeriksaan PPN tahun pajak 2013. STP for VAT assessment fiscal year 2013. The
Total nilai SKPKB dan STP adalah Rp3.638 total amount of SKPKB and STP is Rp3,638
dan seluruhnya telah dibayar pada tahun 2018. which has been fully paid. From the total
Dari total SKPKB dan STP senilai Rp3.638 amount of Rp3,638, the amount being approved
tersebut, jumlah yang disetujui dan tidak and didn’t request the objection is Rp1,568.
diajukan keberatan adalah sebesar Rp1.568. For the rest amount of SKPKB amounting to
Atas SKPKB yang tidak disetujui dan diajukan Rp2,069, which is disapproved, the Bank filed
keberatan sebesar Rp2.069 pada tanggal the objection on November 21, 2018. On
21 November 2018, Bank telah mengajukan September 23, 2019, the Bank had received the
keberatan. Pada tanggal 23 September 2019, objection decision, with the result of the Tax
Bank telah menerima putusan keberatan, Court rejected the Bank's objection request.
dengan hasil Pengadilan Pajak menolak
permohonan keberatan Bank.
Atas penolakan tersebut, pada tanggal As the action to this rejection, on December 13,
13 Desember 2019, Bank mengajukan banding 2019, the Bank submitted an appeal to the
ke Pengadilan Pajak dan disebabkan kondisi Tax Court and due to the condition of Covid 19
Covid 19 yang menjadi wabah pandemik di which became a pandemic in 2020, the trial was
2020 menyebabkan persidangannya sering often delayed so that it passed a period of
tertunda sehingga melewati masa 1 tahun. 1 year.
Pada tanggal 11 April 2022 Bank menerima On April 11, 2022 the Bank received the
putusan Banding. Majelis Hakim mengabulkan decision on Appeal. The Panel of Judges
seluruh banding yang diajukan Bank terkait granted all appeals submitted by the Bank
PPN AYDA sebesar Rp2.069. Tetapi pihak regarding VAT for AYDA in the amount of
Direktorat Jenderal Pajak mengajukan Rp2,069. However, the Directorate General of
permohonan peninjauan kembali ke Mahkamah Taxes submitted a request for review to the
Agung. Supreme Court.
Atas sengketa pajak ini, Bank telah membentuk As result of this tax dispute, the Bank has
cadangan sebesar 100%. provided a reserve of 100%.
Pada tanggal 21 Desember 2023 Bank On December 21, 2023 the Bank received the
menerima putusan Mahkamah Agung Majelis decision of the Supreme Court. The Panel of
Hakim menolak seluruhnya permohonan Judges completely rejected the DGT's request
Peninjauan Kembali DJP, sehingga sengketa for reconsideration, so that the dispute was won
tersebut dimenangkan oleh Bank. Sampai by the Bank. As of the date the consolidated
dengan tanggal laporan keuangan financial statements were published, There has
konsolidasian diterbitkan, belum ada upaya been no further legal action from the DJP.
hukum lanjutan dari DJP.
2016 2016
Pada tanggal 30 Agustus 2019, Bank dan On August 30, 2019, the Bank and the Tax
Pemeriksa melakukan pembahasan akhir hasil Auditor conducted a final discussion of the audit
pemeriksaan yang diikuti dengan results which was followed by signing Official
penandatanganan Berita Acara Pembahasan Report of Investigation, Summary of the Final
Akhir Hasil Pemeriksaan, Ikhtisar Hasil Discussion result and Minutes of Discussion.
Pembahasan Akhir dan Risalah Pembahasan.
Bank telah menerima SKP dan STP atas hasil The Bank received SKP and STP of tax audit
pemeriksaan seluruh jenis pajak (PPh Badan, results in all aspects (Corporate Income Tax,
PPh dan PPN) untuk tahun pajak 2016. Witholding Tax and VAT) for fiscal year 2016.
- 130 -
Page 616
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2016 (lanjutan) 2016 (continued)
Berdasarkan hasil pemeriksaan tersebut, dari Based on the tax audit result, from total of
total permohonan restitusi PPh badan yang corporate income tax refund requested by the
diajukan Bank sebesar Rp159.087, Kantor Bank amounting to Rp159,087, Tax Office only
Pajak menyetujui sebagian besarnya, yaitu approved Rp143,281. The Bank has received
Rp143.281. Bank telah menerima restitusi pajak the tax refund on February 4, 2020 amounting
tersebut pada tanggal 4 Februari 2020 sebesar to Rp119,749, while the remaining amount of
Rp119.749, sedangkan sisanya sebesar Rp23,532 was compensated with various taxes
Rp23.532 dikompensasikan dengan berbagai payable and STP for fiscal year of 2014-2018.
utang pajak dan STP untuk tahun pajak 2014-
2018.
Total nilai SKPKB dan STP yang diterbitkan Total amount of SKPKB and STP that were
oleh Kantor Pajak untuk PPh dan PPN adalah released by the tax office for withholding tax
sebesar Rp26.306. and VAT amounted to Rp26,306.
Sedangkan, SKPKB yang tidak disetujui oleh Whereas, SKPKB not agreed by the Bank
Bank adalah senilai Rp15.250 terdiri dari amounting to Rp15,250 consists of SKPKB
SKPKB PPh Pasal 23, PPh Pasal 26, dan PPN. Article 23, Article 26, and VAT. All disagreed
Seluruh SKPKB yang tidak disetujui tersebut SKPKB have been paid by the Bank on
telah dilunasi oleh Bank pada tanggal 8 Oktober October 8, 2019. For the not agreed SKPKB,
2019. Atas SKPKB yang tidak disetujui the Bank has filled an Objection on
tersebut, Bank telah mengajukan Keberatan December 6, 2019 for the amount of Rp8,079.
pada tanggal 6 Desember 2019 dengan nilai
sengketa sebesar Rp8.079.
Pada tanggal 12 Agustus 2020, Bank telah On August 12, 2020, the Bank has received the
menerima putusan keberatan, dengan hasil decision on its appeal denying its request.
menolak permohonan keberatan.
Atas penolakan tersebut, pada tanggal As the result of this rejection, on December 14,
14 Desember 2020, Bank mengajukan banding 2020, the Bank submitted an appeal to the
ke Pengadilan Pajak. Tax Court.
Pada tanggal 12 April 2022, bank mendapatkan On April 12, 2022, the Bank has received the
hasil putusan Banding, dengan hasil menolak appeal decision, with the result of rejecting the
permohonan keberatan. appeal request.
Tanggal 17 Juni 2022 Bank mengajukan On June 17, 2020 the Bank submitted a judicial
peninjauan kembali ke Mahkamah Agung. review to the Supreme Court. The Supreme
Mahkamah Agung menolak permohonan Court rejected the application for Bank
Peninjauan Kembali bank, dimana hasilnya Reconsideration, where the results were issued
dikeluarkan secara parsial yaitu: tanggal 28 in partial as follows: February 28, 2023 for
Februari 2023 untuk sengketa masa pajak March 2016 tax period disputes, April 18, 2023
maret 2016, tanggal 18 April 2023 untuk for February tax period disputes, April 2016,
sengketa masa pajak Februari, April 2016, May 31, 2023 for May, July, September 2016
tanggal 31 Mei 2023 untuk sengketa masa tax period disputes, June 22, 2023 for January
pajak Mei, Juli, September 2016, tanggal tax period disputes, November 2016,
22 Juni 2023 untuk sengketa masa pajak July 18 2023 for the June 2016 tax period
Januari, November 2016, tanggal 18 Juli 2023 dispute.
untuk sengketa masa pajak Juni 2016.
Bank telah membebankan seluruh sengketa The bank has charged the entire tax dispute
pajak dan dicatat sebagai bagian dari “Beban and recorded as part of the "Other operating
operasional lainnya" pada laporan laba rugi dan expenses" in the consolidated statements of
penghasilan komprehensif lain konsolidasian profit or loss and other comprehensive income
untuk tahun yang berakhir pada tanggal for the year ended December 31, 2022.
31 Desember 2022.
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Page 617
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2016 (lanjutan) 2016 (continued)
Pada tahun 2023, Bank memutuskan untuk In 2023, the Bank decided to dismiss the legal
menghentikan upaya hukum penyelesaian attempts on this tax dispute and accept the
sengketa pajak ini dan menerima hasil results of the Supreme Court's decision.
keputusan Mahkamah Agung.
2017 2017
Total nilai SKPKB dan STP untuk tahun pajak Total amount of SKPKB and STP for fiscal year
2017 yang diterbitkan oleh DJP untuk PPh dan released by the the DGT for Withholding Tax
PPN adalah sebesar Rp18.065. Seluruh and VAT amounted to Rp18,065. All of the
SKPKB dan STP tersebut telah dilunasi oleh SKPKB and STP already fully paid by the Bank.
Bank. SKPKB yang tidak disetujui dan diajukan The amount of disapproved SKPKB are being
Keberatan oleh Bank adalah senilai Rp3.688, submitted by the Bank for objection amounted
terdiri dari SKPKB PPN. Pembayaran atas to Rp3,688, consists of VAT SKPKB. Payments
SKPKB yang diajukan keberatan dicatat for it, was recorded as Advances.
sebagai Uang Muka.
Bank telah membebankan seluruh sengketa The bank has charged the entire tax dispute
pajak dan dicatat sebagai bagian dari “Beban and recorded as part of the "Other operating
operasional lainnya" pada laporan laba rugi dan expenses" in the consolidated statements of
penghasilan komprehensif lain konsolidasian profit or loss and other comprehensive income
untuk tahun yang berakhir pada tanggal for the year ended December 31, 2022.
31 Desember 2022.
Pada tanggal 31 Mei 2022 Bank memutuskan On May 31, 2022 the Bank decided to stop the
untuk menghentikan proses banding. appeal process.
2018 2018
Pada tanggal 24 Agustus 2023, Bank menerima On August 24, 2023, the Bank received SKP
SKP dan STP untuk PPh dan PPN dengan total and STP for Income Tax and VAT totaling
sebesar Rp40.296. Seluruh SKP dan STP Rp40,296. The Bank settled all SKP and STP
tersebut telah dilunasi oleh Bank melalui through compensation received by the Bank
kompensasi yang diterima Bank atas hasil from the tax appeal results of PPN for year
banding PPN tahun pajak 2019 sebesar 2019 amounting to Rp32,296. The
Rp32.296. Atas kekurangan pembayaran SKP underpayment of the PPN’s SKP amounting to
PPN yang tidak disetujui sebesar Rp8.000, Rp8,000 has been paid and objected to by the
telah dibayarkan dan diajukan keberatan oleh Bank on October 27, 2023.
Bank pada tanggal 27 Oktober 2023.
Pada tanggal 27 Oktober 2023 Bank On October 27 2023 the Bank submitted an
mengajukan keberatan. Sampai dengan tanggal objection. As of the date the consolidated
laporan keuangan konsolidasian diterbitkan, financial statements were published, the
proses keberatan masih berlangsung. objection process was still ongoing.
2019 2019
Bank telah menerima SKP dan STP untuk PPh The Bank received the SKP and STP for
dan PPN atas untuk tahun pajak 2019 dengan Income Tax and VAT for the 2019 fiscal year
total keseluruhan sebesar Rp75.270. Bank tidak with a total of Rp75,270. The Bank did not
menyetujui dan sedang mengajukan keberatan approve and submitted an objection to the
SKPKB atas PPN sebesar Rp45.558. Seluruh SKPKB on VAT amounting to Rp45,558. All
SKPKB dan STP, baik yang disetujui maupun SKPKB and STP, both approved and
yang tidak disetujui telah dilunasi oleh Bank. disapproved, have been paid by the Bank.
Pada tanggal 30 Juni 2022, permohonan Payments for it were recorded as Advanced. On
Keberatan PPN tersebut ditolak. June 30, 2022, the Bank’s VAT objection
application is rejected.
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Page 618
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
21. Pajak Penghasilan (lanjutan) 21. Income Tax (continued)
e. Pemeriksaan pajak (lanjutan) e. Tax assessments (continued)
2019 (lanjutan) 2019 (continued)
Pada tanggal 26 Agustus 2022, Bank On August 26, 2022, the Bank filed an appeal to
mengajukan banding ke Pengadilan Pajak. the Tax Court. On August 8, 2023, the appeal
Pada tanggal 8 Agustus 2023, permohonan was granted in the amount of Rp45,818, which
banding tersebut dikabulkan sebesar Rp45.818 was compensated to the SKP and STP for
yang dikompensasikan ke SKP dan STP untuk Income Tax and VAT resulting from
PPh dan PPN hasil pemeriksaan tahun pajak examination for the fiscal year 2018 including
2018 termasuk penalti sebesar Rp32.299 dan penalties amounting to Rp32,299, and the
jumlah yang diterima Bank sebesar Rp13.519. amount received by the Bank was Rp13,519.
Pada tanggal 9 November 2023, DJP On November 9, 2023, DJP submitted a judicial
mengajukan Peninjauan Kembali ke Mahkamah review to the Supreme Court. As of the date the
Agung. Sampai dengan tanggal laporan consolidated financial statements are published,
keuangan konsolidasian diterbitkan, proses the Judicial Review process is still ongoing.
Peninjauan Kembali masih berlangsung.
2020 2020
Pada tanggal 22 April 2022, Bank menerima On April 22, 2022, the Bank received
Surat Ketetapan Pajak Lebih Bayar (SKPLB) Directorate General of Taxes issued an
PPh sebesar Rp15.160, SKPKB PPh dan PPN Overpayment Tax Assessment Letter (SKPLB)
total sebesar Rp26.593 dan STP PPN sebesar PPh amounting to Rp15,160, SKPKB PPH and
Rp1.558. VAT totaling Rp26,593 and STP VAT
amounting to Rp1,558.
Bank menerima pengembalian pajak sebesar The Bank received a tax refund amounting to
Rp15.159 dikompensasikan untuk SKPKB dan Rp15,159, which was deducted for SKPKB and
STP sebesar Rp13.453, sehingga STP amounted to Rp13,453, so that the tax
pengembalian pajak yang diterima bank refund received by the bank amounted to
sebesar Rp1.706. Rp1,706.
Atas SKPKB PPN AYDA Bank mengajukan On the SKPKB VAT AYDA Bank submitted to
keberatan sebesar Rp18.042, tanggal 21 Juni tax objection amounted to Rp18,042, dated
2022. Pada tanggal 30 Desember 2022 June 21, 2022. On December 30, 2022, the
permohonan Keberatan PPN Bank ditolak. Bank VAT Objection application is rejected. On
Pada tanggal 06 April 2023, bank mengajukan April 06, 2023 the bank submit it to appeal.
banding ke Pengadilan Pajak.
Pada tanggal 17 Oktober 2023, permohonan On October 17, 2023, the Bank's appeal
Banding Bank dikabulkan majelis hakim, pada request was granted by the panel of judges, on
tanggal 23, 24, 27 November 2023 Bank telah November 23, 24, 27, 2023 the Bank received a
menerima pengembalian PPN AYDA sebesar refund of AYDA VAT amounting to Rp16,712
Rp16.712 dan tanggal 1 Maret 2024 sebesar and on March 1 2024 amounting to Rp1,328
Rp1.328 dan dikompensasikan atas utang and compensation for the Branch Tax debt
Pajak Cabang sebesar Rp1,4. amounting to Rp1.4.
Pada tanggal 23 Januari 2023, DJP On January 23 2023, the DJP submitted a
mengajukan Peninjauan Kembali ke Mahkamah judicial review to the Supreme Court. As of the
Agung. Sampai dengan tanggal laporan date the consolidated financial statements are
keuangan konsolidasian diterbitkan, proses published, the Judicial Review process is still
Peninjauan Kembali masih berlangsung. ongoing.
- 133 -
Page 619
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
22. Surat Berharga Yang Dijual Dengan Janji Dibeli 22. Marketable Securities Sold With Agreements To
Kembali Repurchase
Surat berharga yang dijual dengan janji dibeli Marketable securities sold with agreements to
kembali pada tanggal 31 Desember 2023 terdiri dari: repurchase as at December 31, 2023 are as follow:
31 Desember/December 31, 2023
Harga beli Bunga belum Nilai
Jangka Tanggal Tanggal kembali/ diamortisasi/ neto/
waktu/ dimulai/ jatuh tempo/ Suku bunga/ Repurchase Unamortized Net
Period Start date Due date Interest rate price interest Value
Pihak ketiga/Third parties
Rupiah:
Bank Indonesia
Obligasi Pemerintah/
Government Bonds
-Seri/Series 7 hari/ 29 Des. 2023/ 5 Jan. 2024/
SUKBI280224091 7 days Dec. 29, 2023 Jan. 5, 2024 6,25% 103.680 (126) 103.554
-Seri/Series 7 hari/ 29 Des. 2023/ 5 Jan. 2024/
SUKBI150224092 7 days Dec. 29, 2023 Jan. 5, 2024 6,25% 52.475 (64) 52.411
-Seri/Series 7 hari/ 29 Des. 2023/ 5 Jan. 2024/
SUKBI030524182 7 days Dec. 29, 2023 Jan. 5, 2024 6,25% 63.743 (77) 63.666
Total 219.898 (267) 219.631
Pada tanggal 31 Desember 2022 tidak terdapat As at December 31, 2022, there is no marketable
surat berharga yang dijual dengan janji dibeli securities sold with agreements to repurchase.
kembali.
23. Pinjaman yang Diterima 23. Borrowings
2023 2022
Pihak berelasi Related parties
Rupiah: Rupiah:
KB Kookmin Bank Co., Ltd, Singapura 3.544.886 3.533.582 KB Kookmin Bank Co., Ltd, Singapore
KB Kookmin Bank Co., Ltd, Hong Kong 3.000.000 3.000.000 KB Kookmin Bank Co., Ltd, Hong Kong
Sub-total 6.544.886 6.533.582 Sub-total
Pihak ketiga Third parties
Rupiah: Rupiah:
PT Bank Central Asia Tbk 2.000.000 2.000.000 PT Bank Central Asia Tbk
International Finance Corporation 885.301 882.005 International Finance Corporation
PT Bank Danamon Indonesia Tbk 720.000 1.000.000 PT Bank Danamon Indonesia Tbk
PT Sarana Multigriya Finansial (Persero) 228.301 426.600 PT Sarana Multigriya Financial (Persero)
PT Bank Tabungan Negara (Persero) Tbk 49.780 49.780 PT Bank Tabungan Negara (Persero) Tbk
Badan Layanan Umum Pusat Badan Layanan Umum Pusat
Pembiayaan Perumahan 18.681 24.301 Pembiayaan Perumahan
BPJS Ketenagakerjaan 6.538 7.720 BPJS Ketenagakerjaan
PT Bank Shinhan Indonesia - 200.000 PT Bank Shinhan Indonesia
Lain-lain - 17.765 Others
3.908.601 4.608.171
Dolar Amerika Serikat: United States Dollar:
PT Bank Danamon Indonesia Tbk 1.231.760 - PT Bank Danamon Indonesia Tbk
Agence Francaise De Developpement 19.245 58.378 Agence Francaise De Developpement
1.251.005 58.378
Sub-total 5.159.606 4.666.549 Sub-total
Total 11.704.492 11.200.131 Total
a. PT Bank Tabungan Negara (Persero) Tbk a. PT Bank Tabungan Negara (Persero) Tbk
Akun ini merupakan fasilitas Rekening Dana This account represents investment funds
Investasi (RDI). Dana atas fasilitas ini diterima account (Rekening Dana Investasi or RDI). This
oleh Bank dari Pemerintah melalui PT Bank fund facility was received by the Bank from the
Tabungan Negara (Persero) Tbk selaku Government through PT Bank Tabungan
koordinator Bank yang digunakan untuk Negara (Persero) Tbk as the coordinator bank
- 134 -
Page 620
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
a. PT Bank Tabungan Negara (Persero) Tbk a. PT Bank Tabungan Negara (Persero) Tbk
(lanjutan) (continued)
pembiayaan Kredit Pemilikan Rumah-Rumah was used to finance Very Simple Housing
Sangat Sederhana (KPR-RSS) dan Kredit Loans (KPR-RSS) and Simple Housing Loan
Pemilikan Rumah Sederhana (KPR-RS). (KPR-RS). Fund disbursements provided by PT
Penyaluran pembiayaan oleh PT Bank Bank Tabungan Negara (Persero) Tbk are
Tabungan Negara (Persero) Tbk terbagi divided into 3 fiscal years, 1999, 2000 and
menjadi 3 tahun anggaran, 1999, 2000 dan 2001.
2001.
i. Berdasarkan perjanjian tahun anggaran i. Based on agreement for Fiscal Year
1999/2000, No. 07/PKS/DIR/2000 tanggal 1999/2000, No. 07/PKS/DIR/2000 dated
08 Februari 2000, maksimum jumlah February 08, 2000, the maximum amount of
pinjaman yang diterima sebesar fund borrowing amounted to
Rp16.960.481.512. Rp16,960,481,512.
ii. Berdasarkan perjanjian tahun anggaran ii. Based on agreement for fiscal year 2000,
2000, No. 21/PKS/DIR/2001 tanggal 22 No. 21/PKS/DIR/2001 dated February 22,
Februari 2001 maksimum jumlah pinjaman 2001, the maximum amount of fund
yang diterima sebesar Rp20.703.980.143. borrowing amounted to Rp20,703,980,143.
iii. Berdasarkan perjanjian tahun anggaran iii. Based on agreement for fiscal year 2001 No.
2001, No. 51/PKS/DIR/2001 tanggal 02 51 PKS/DIR/2001 dated November 02, 2001,
November 2001 maksimum jumlah the maximum amount of fund borrowing
pinjaman yang diterima sebesar amounted to Rp19,575,642,000.
Rp19.575.642.000.
Pada tanggal 31 Desember 2023 dan 2022, As at December 31, 2023 and 2022, the
saldo pinjaman ini masing-masing sebesar outstanding balance of this borrowing amounted
Rp49.780 dan belum ada pembayaran kembali to Rp49,780, respectively, whereas no
sejak tahun 2004. payments have been made since 2004.
b. PT Sarana Multigriya Finansial (Persero) b. PT Sarana Multigriya Finansial (Persero)
Berdasarkan akta No. 127/PP/SMF-BKP/ Based on deed No. 127/PP/SMF-BKP/VIII/2019
VIII/2019 tanggal 29 Agustus 2019, Bank dated August 29, 2019, the Bank received
mendapatkan penambahan fasilitas pinjaman additional borrowing facility of refinancing
refinancing Kredit Pemilikan Rumah (KPR) Housing Loan Facilities with a loan term until up
dengan jangka waktu pinjaman sampai dengan to August 29, 2024 and bears an interest rate of
29 Agustus 2024 dan dikenakan tingkat bunga 8.6% per annum.
8,6% per tahun.
Berdasarkan akta No. 141/PP/SMF-BKP/IX/2019 Based on deed No. 141/PP/SMF-BKP/IX/2019
tanggal 27 September 2019, Bank mendapatkan dated September 27, 2019, the Bank received
penambahan fasilitas pinjaman refinancing additional borrowing facility of refinancing
Kredit Pemilikan Rumah (KPR) dengan jangka Housing Loan Facilities with a loan term until
waktu pinjaman sampai dengan 27 September September 27, 2024 and bears an interest rate
2024 dan dikenakan tingkat bunga 8,5% per of 8.5% per annum.
tahun.
Bank memberikan jaminan berupa fidusia aset The Bank provides collateral in form of fiduciary
atas keuangan KPR, yaitu tagihan/piutang yang of Housing Loan Facilities, that is
akan ada saat ini dan/atau akan ada di kemudian bills/receivables that will exist at this time and/or
hari yang diperoleh dari penerbitan KPR, will be available later obtained from the
termasuk hak agunan yang melekat padanya. issuance of the Housing Loan Facilities,
including the collateral rights attached to them.
Selama periode perjanjian kredit, tidak ada hal- During the period of the credit agreement, there
hal yang dipersyaratkan atau tidak boleh is no requirement or prohibitions that should be
dilakukan oleh Bank terkait dengan perjanjian fulfilled by the Bank in relation to the loan
pinjaman yang diterima dari PT Sarana agreement received from PT Sarana Multigriya
Multigriya Finansial (SMF). Finansial (SMF).
Untuk tahun yang berakhir 31 Desember 2023 For the years ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the principal
masing-masing prinsipal dan bunga kepada SMF and interest to SMF amounted to Rp198,299
adalah sebesar Rp198.299 dan Rp25.858, dan and Rp25,858, and nil and Rp36,611,
nihil dan Rp36.611. respectively.
- 135 -
Page 621
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
c. Badan Layanan Umum Pusat Pembiayaan c. Badan Layanan Umum Pusat Pembiayaan
Perumahan Perumahan
Berdasarkan akta No. 106/SK.9/ HK.02.04/ Based on deed No. 106/SK.9/HK.02.04/12/2012
12/2012 dan PKO. 1846/DIR-GMBM/XII/2012 and PKO. 1846/DIR-GMBM/XII/2012 dated
tanggal 26 Desember 2012, fasilitas pinjaman December 26, 2012, this borrowing facility is
yang diberikan dalam rangka menyalurkan dan intended to re-lend and distribute Housing
mendistribusikan pinjaman Fasilitas Likuiditas Financing Liquidity Facility for the Bank whose
Pembiayaan Perumahan kepada Bank yang target is to reduce housing loan interest rate for
sasarannya untuk menurunkan tingkat suku low income and lower middle income
bunga Kredit Pemilikan Rumah (KPR) bagi community. Term of the facility is until
kelompok berpenghasilan rendah dan December 31, 2028.
masyarakat berpenghasilan menengah bawah.
Jangka waktu fasilitas ini adalah sampai dengan
31 Desember 2028.
Tingkat bunga pinjaman adalah sebesar 0,5% The interest rate of the borrowing is 0.5% per
per tahun. Pembayaran angsuran dilakukan annum. Installment shall be made every month
setiap bulan selama 20 tahun sejak tanggal in 20 years after drawdown date.
pencairan.
Selama periode perjanjian kredit, tidak ada hal- During the period of the credit agreement, there
hal yang dipersyaratkan atau tidak boleh is no requirement or prohibitions that should be
dilakukan oleh Bank terkait dengan perjanjian fulfilled by the Bank in relation to the loan
pinjaman yang diterima dari Badan Layanan agreement received from Badan Layanan
Umum Pusat Pembiayaan Perumahan (BLUP3). Umum Pusat Pembiayaan Perumahan
(BLUP3).
Untuk tahun yang berakhir 31 Desember 2023 For the years ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the principal
masing-masing prinsipal dan bunga kepada and interest to BLUP3 amounted to Rp5,620
BLUP3 adalah sebesar Rp5.620 dan Rp120, dan and Rp120, and Rp6,734 and Rp153,
Rp6.734 dan Rp153. respectively.
d. BPJS Ketenagakerjaan d. BPJS Ketenagakerjaan
Bank memperoleh fasilitas pinjaman terkait The Bank received borrowing facility in relation
Kredit Pemilikan Rumah (KPR) berdasarkan with Housing Loan Facilities based on deed No.
perjanjian No. PER/47/ 022011 dan PKS. PER/47/022011 and PKS. 109/DIR-
109/DIR-GMBM/11/2011 tanggal 16 Februari GMBM/11/2011 dated February 16, 2011. The
2011. Fasilitas pinjaman ini diberikan oleh BPJS borrowing facility obtained from BPJS
Ketenagakerjaan (dahulu PT Jamsostek Ketenagakerjaan (formerly PT Jamsostek
(Persero)) terkait pemberian fasilitas Kredit (Persero)) in relation with Housing Loan
Pemilikan Rumah (KPR) bagi peserta Facilities for Jamsostek members through the
Jamsostek melalui Bank yang digunakan untuk Bank to assist them in purchasing houses with
membantu pembelian rumah dengan dukungan support from Housing Advance Loan-
fasilitas Pinjaman Uang Muka Perumahan-Kerja Cooperation with (PUMP-KB) Bank facility.
Sama Bank (PUMP-KB).
Penyaluran dana akan dilakukan secara Fund distribution will be done in phases based
bertahap sesuai dengan kebutuhan penyaluran on loan granting needs. The term of this facility
kredit. Jangka waktu fasilitas ini adalah sampai is up to December 31, 2028 with interest rate of
dengan 31 Desember 2028 dengan tingkat 2% per annum. The principal shall be made
bunga 2% per tahun. Pembayaran pokok every month in 10 years after drawdown date.
dilakukan setiap bulan selama 10 tahun sejak
tanggal pencairan.
Selama periode perjanjian kredit, tidak ada hal- During the period of the credit agreement, there
hal yang dipersyaratkan atau tidak boleh is no requirement or prohibitions that should be
dilakukan oleh Bank terkait dengan perjanjian fulfilled by the Bank in relation to the loan
pinjaman yang diterima dari BPJS agreement received from BPJS
Ketenagakerjaan. Ketenagakerjaan.
- 136 -
Page 622
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
d. BPJS Ketenagakerjaan (lanjutan) d. BPJS Ketenagakerjaan (continued)
Untuk tahun yang berakhir 31 Desember 2023 For the years ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the principal
masing-masing prinsipal dan bunga kepada and interest to BPJS Ketenagakerjaan
BPJS Ketenagakerjaan adalah sebesar Rp1.182 amounted to Rp1,182 and Rp154, and Rp1.198
dan Rp154, dan Rp1.198 dan Rp180. dan Rp180, respectively.
e. Agence Francaise de Developpement e. Agence Francaise de Developpement
Fasilitas pinjaman yang diberikan ini adalah This borrowing facility is intended to re-lent and
dalam rangka menyalurkan dan distributed fund to finance renewable energy
mendistribusikan pinjaman untuk membiayai projects, with a specific focus on hydropower
proyek-proyek energi terbarukan dengan fokus projects, geothermal energy projects and
utama pada proyek-proyek tenaga air, proyek biomass projects, based on agreement NºCID
energi panas bumi dan proyek biomasa, 1036 OI E dated February 11, 2014. This facility
berdasarkan perjanjian NºCID 1036 OI E pada has a maximum period until February 11, 2024
tanggal 11 Februari 2014. Jangka waktu fasilitas with interest rate at 4.78% per annum. Interest
ini adalah sampai dengan 11 Februari 2024 payment is made every 6 (six) months starting
dengan tingkat bunga pinjaman adalah sebesar from February 11, 2015. Meanwhile, principal
4,78% per tahun. Pembayaran bunga dilakukan made every 6 (six) months starting from
setiap 6 (enam) bulanan yang dimulai pada August 11, 2018.
tanggal 11 Februari 2015. Sedangkan,
pembayaran prinsipal dilakukan setiap 6 (enam)
bulanan yang dimulai pada tanggal 11 Agustus
2018.
Selama periode perjanjian kredit, Bank tanpa During the period of the Loan, the Bank without
pemberitahuan tertulis dan/atau tidak tertulis written and/or unwritten notice to Agence
kepada Agence Francaise de Developpement Fraincaise de Developpement (AFD) have to
(AFD) harus mematuhi hal-hal sebagai berikut: comply the following activities:
i. Usaha keuangan (KPMM di atas 12%, rasio i. Financial undertakings (CAR above 12%, a
penurunan nilai pinjaman provisi bersih ratio of impaired loans of net provisions to
terhadap total portofolio pinjaman di bawah total loan portfolio below 5%);
5%);
ii. Menginformasikan laporan keuangan ii. Inform financial statement (audited), inform
(diaudit), menginformasikan laporan credit rating report, opinion letter report
peringkat kredit, laporan surat opini yang sent by the Auditors and internal audit
dikirim oleh Auditor dan laporan audit report; and
internal; dan
iii. Menginformasikan informasi lain mengenai iii. Inform any other informations concerning
Bank yang mungkin diminta oleh AFD secara the Bank that AFD may reasonably
wajar. request.
Untuk tahun yang berakhir 31 Desember 2023 For the years ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the principal
masing-masing prinsipal dan bunga kepada and interest to AFD were USD2,500,000 (full
AFD adalah sebesar USD2.500.000 (angka amount) (Rp39,133) and USD151,699 (full
penuh) (Rp39.133) dan USD151.699 (angka amount) (Rp1,557), and USD2,500,000 (full
penuh) (Rp1.557), dan USD2.500.000 (angka amount) (Rp38,069) and USD272,858 (Full
penuh) (Rp38.069) dan USD272.858 (angka amount) (Rp4,155), respectively.
penuh) (Rp4.155).
Pada tanggal 21 November 2023 Bank telah On November 21, 2023, the Bank has submitted
menyampaikan pemberitahuan tertulis kepada a written notification to AFD regarding the
AFD sehubungan dengan perubahan amendment to increase the issued/paid-up
peningkatan modal ditempatkan/disetor. capital.
Manajemen berpendapat bahwa seluruh Management belives that all compliance
persyaratan kepatuhan telah dipenuhi pada requirements have been met as of the date of
tanggal laporan posisi keuangan konsolidasian. the consolidated statement of financial position.
- 137 -
Page 623
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
f. PT Bank Central Asia Tbk (BCA) f. PT Bank Central Asia Tbk (BCA)
Pada tanggal 9 Desember 2021, berdasarkan On December 9, 2021, based on Notarial Deed
Akta No. 01 oleh Notaris Veronica Sandra No. 01 by Notary Veronica Sandra Irawaty
Irawaty Purnadi, S.H., Bank telah memeroleh Purnadi, S.H., the Bank has obtained a credit
fasilitas kredit berupa fasilitas Term Loan facility in the form of a Term Loan Revolving
Revolving (TLR-1) sebesar Rp1.000.000, dengan (TLR-1) facility amounting to Rp1,000,000, with
suku bunga sebesar 4,95% dan berlaku hingga an interest rate of 4.95% and is valid until
9 Desember 2022. Fasilitas ini digunakan untuk December 9, 2022. This facility is used to
membiayai modal kerja Bank. Pokok akan finance the Bank's working capital. The
dibayarkan pada saat jatuh tempo sedangkan principal will be paid at maturity while interest
pembayaran bunga akan dibayarkan setiap payments will be paid every month.
bulan.
Pada tanggal 12 Agustus 2022, berdasarkan On August 12, 2022, based on Notarial Deed
Akta No. 08, Perubahan Pertama Atas Perjanjian No. 08, First Amendment to the Credit
Kredit oleh Notaris Veronica Sandra Irawaty Agreement by Notary Veronica Sandra Irawaty
Purnadi, S.H., Bank memeroleh fasilitas kredit Purnadi, S.H., the Bank obtained an additional
tambahan yaitu fasilitas Term Loan Revolving 2 credit facility, namely the Term Loan Revolving
(TLR-2) sebesar Rp1.000.000, dengan suku 2 (TLR-2) facility amounting to Rp1,000,000,
bunga sebesar JIBOR + Marjin 0,85% dan with an interest rate of JIBOR + Margin 0.85%
berlaku hingga 12 Agustus 2023. Pokok akan and is valid until August 12, 2023. The principal
dibayarkan pada saat jatuh tempo sedangkan will be paid at maturity while the interest
pembayaran bunga akan dibayarkan setiap 3 payments will be paid every 3 (three) months.
(tiga) bulan.
Pada tanggal 8 Desember 2022, perjanjian On December 8, 2022, the credit agreement
kredit tersebut kemudian diubah berdasarkan was then amended based on the Second
Perubahan Kedua Atas Perjanjian Kredit Amendment to the Credit Agreement as
sebagai berikut: follows:
• memperpanjang jangka waktu fasilitas kredit • extending the term of the TLR-1 credit
TLR-1 berlaku hingga 9 Desember 2023; facility valid until December 9, 2023;
• mengubah suku bunga menjadi suku bunga • change the interest rate to JIBOR interest
JIBOR + marjin 0,75% per tahun untuk TLR- rate + 0.75% margin per year for TLR-1 of
1 dari jumlah fasilitas yang belum dibayar the outstanding facility amount; and
kembali; dan
• mengubah pembayaran bunga TLR-1 • change the TLR-1 interest payment to be
menjadi akan dibayarkan setiap 3 (tiga) paid every 3 (three) months.
bulan.
Pada tanggal 7 Agustus 2023, perjanjian kredit On August 7, 2023, the credit agreement was
tersebut diubah berdasarkan Perubahan Ketiga amended based on the Third Amendment to
Atas Perjanjian Kredit sebagai berikut: the Credit Agreement as follows:
• memperpanjang jangka waktu fasilitas TLR-2 • extending the validity period of the TLR-2
berlaku hingga 12 Agustus 2025; dan facility until August 12, 2025; and
• mengubah suku bunga TLR-2, menjadi suku • change the TLR-2 interest rate to a JIBOR
bunga JIBOR + marjin 0,85% per tahun + 0.85% margin per year interest rate with
dengan jangka waktu pembayaran kembali a repayment period of up to 12 months and
sampai dengan 12 bulan dan JIBOR + marjin JIBOR + 0.95% margin per year with a
0,95% per tahun dengan jangka waktu repayment period of more than 12 months.
pembayaran kembali lebih dari 12 bulan.
Pada tanggal 4 Desember 2023, perjanjian On December 4, 2023, the credit agreement
kredit tersebut diubah kembali berdasarkan was amended again based on the Fourth
Perubahan Keempat Atas Perjanjian Kredit Amendment to the Credit Agreement to extend
untuk memperpanjang jangka waktu fasilitas the term of the TLR-1 credit facility until
kredit TLR-1 berlaku hingga 9 Desember 2025. December 9, 2025.
- 138 -
Page 624
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
g. PT Bank Danamon Indonesia Tbk g. PT Bank Danamon Indonesia Tbk
Berdasarkan Perjanjian Kredit No. 886/PK/FI/ Based on Credit Agreement No. 886/PK/FI/
1020 tanggal 22 Oktober 2020, Bank telah 1020 dated October 22, 2020, the Bank has
memperoleh Fasilitas Kredit Berjangka (Fasilitas obtained a Term Credit Facility (KB Facility)
KB) dari PT Bank Danamon Indonesia Tbk from PT Bank Danamon Indonesia Tbk
(Danamon) sebesar Rp500.000 dengan suku (Danamon) in the amount of Rp500,000 with an
bunga yang ditentukan oleh konfirmasi dari interest rate determined by Danamon
Danamon. Jangka waktu fasilitas 12 (dua belas) confirmation. The term of the facility is 12
bulan dan bersifat berulang (revolving). Fasilitas (twelve) months and revolving. This facility is
ini digunakan untuk membiayai modal kerja used to finance the Bank's working capital.
Bank.
Bank dan Danamon telah menandatangani The Bank and Danamon signed an Amendment
Perjanjian Perubahan terhadap Perjanjian Kredit Agreement to Credit Agreement No. 508/PP/
No. 508/PP/EB/0821 tanggal 27 Agustus 2021 EB/0821 dated August 27, 2021 in lieu of Credit
sebagai pengganti Perjanjian Kredit No. 886/ Agreement No. 886/PK/FI/1020 dated October
PK/FI/1020 tanggal 22 Oktober 2020. Perubahan 22, 2020. Changes to the Credit Agreement are
Perjanjian Kredit tersebut sebagai berikut: as follows:
1. Memperpanjang jangka waktu Fasilitas KB 1. Extending the term of the KB Facility for a
untuk jangka waktu 12 (dua belas) bulan period of 12 (twelve) months from October
sejak 22 Oktober 2021 sampai 22 Oktober 22, 2021 to October 22, 2022 (revolving);
2022 (revolving); dan and
2. Menambah plafon Fasilitas KB yang semula 2. Increase the plafond of KB Facilities from
sebesar Rp500.000 menjadi sebesar Rp500,000 to Rp1,000,000.
Rp1.000.000.
Bank dan Danamon telah menandatangani The Bank and Danamon have signed several
beberapa kali perubahan terhadap perjanjian amendments to the credit agreement, including
kredit melalui surat permohonan perpanjangan through the letter of credit term extension
jangka waktu kredit No. B .B.587/ARO/EB/1022 request No. B.B.587/ARO/EB/1022 dated
tanggal 18 Oktober 2022, dan mengalami October 18, 2022, and further amendments
perubahan kembali pada perjanjian kredit No. under credit agreement No. 189/PP/EB/0623
189/PP/EB/0623 tanggal 22 Juni 2023. dated June 22, 2023. Changes to the Credit
Perubahan Perjanjian Kredit tersebut sebagai Agreement are as follows:
berikut:
1. Memperpanjang jangka waktu Fasilitas KB 1. Extending the term of the KB Facility for a
untuk jangka waktu 12 (dua belas) bulan period of 12 (twelve) months from October
sejak 22 Oktober 2022 sampai 22 Oktober 22, 2022 to October 22, 2023 (revolving);
2023 (revolving); dan and
2. Menambah plafon Fasilitas KB yang semula 2. Increase the plafond of KB Facilities from
sebesar Rp1.000.000 menjadi sebesar Rp1,000,000 to Rp2,000,000.
Rp2.000.000.
Bank dan Danamon telah menandatangani The Bank and Danamon signed an Amendment
Perjanjian Perubahan Terhadap Perjanjian Kredit Agreement to Credit Agreement No. 433/PP/
No. 433/PP/EB/1223 tanggal 22 Desember EB/1223 dated December 22, 2023. Changes
2023. Perubahan Perjanjian Kredit tersebut to the Credit Agreement are as follows:
sebagai berikut:
1. Memperpanjang jangka waktu Fasilitas KB 1. Extending the term of the KB Facility for a
untuk jangka waktu 12 (dua belas) bulan period of 12 (twelve) months from October
sejak 22 Oktober 2023 sampai 22 Oktober 22, 2023 to October 22, 2024 (revolving);
2024 (revolving); dan and
2. Mendapatkan fasilitas kredit berjangka 2 2. Obtained term credit facility 2 (KB Facility
(Fasilitas KB 2) sebesar Rp1.000.000 2) amounting to Rp1,000,000.
- 139 -
Page 625
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
g. PT Bank Danamon Indonesia Tbk (lanjutan) g. PT Bank Danamon Indonesia Tbk
(continued)
Selama periode perjanjian kredit, Bank harus During the period of the Loan, the Bank should
memberitahukan secara tertulis dan/atau tidak notify in writing and/or not in writing to
tertulis kepada Danamon untuk melakukan hal- Danamon to carry out the following activities,
hal antara lain sebagai berikut: among others:
i. Denda atas keterlambatan pembayaran dan i. Penalty for late payment and accelerated
percepatan pembayaran masing-masing payment of 3%, respectively;
sebesar 3%;
ii. Memberikan laporan keuangan yang telah ii. Provide audited/in-house financial
diaudit/in-house; statement;
iii. Menginformasikan kepada Danamon apabila iii. Inform Danamon if there is a change in
terjadi perubahan usaha/sesuatu yang dapat business/something that may change the
mengubah usaha atau kekayaan Bank, business or assets of the Bank, the articles
anggaran dasar dan perubahannya, of association and amendments, changes in
perubahan kepemilikan dan modal disetor ownership and paid-up capital as well as
serta perubahan Dewan Komisaris & Direksi changes in the Board of Commisioners &
Bank; Board of Director of Bank;
iv. Tunduk pada BMPK (Batas Maksimum iv. Comply to Legal Lending Limit;
Pemberian Kredit);
v. Memastikan kolektibilitas Bank pada masing- v. Ensure that the collectability of Bank on
masing Kreditur tetap pada kolektibilitas 1; each Creditor remains at Collectability 1;
dan and
vi. Menginformasikan jika Bank melakukan vi. Inform if Bank conducts consolidation,
peleburan, penggabungan, pengambilalihan merger, acquisitions or dissolution.
atau pembubaran.
Pada tanggal 14 Juni 2023 Bank telah On June 14, 2023, the Bank has submitted a
menyampaikan pemberitahuan tertulis kepada written notification to Danamon regarding the
Danamon sehubungan dengan perubahan amendment to increase the issued/paid-up
peningkatan modal ditempatkan/disetor capital of PT Bank KB Bukopin Tbk.
PT Bank KB Bukopin Tbk .
Manajemen berpendapat bahwa seluruh Management believes that all compliance
persyaratan kepatuhan telah dipenuhi pada requirements have been met as of the date of
tanggal laporan posisi keuangan konsolidasian. the consolidated statement of financial position.
Selama tahun 2023 Bank melakukan penarikan During 2023, the Bank drew down the loan
pinjaman sebesar Rp1.220.000 dan amounting to Rp1,220,000 and USD80,000,000
USD80.000.000 (angka penuh) (Rp1.231.760). (full amount) (Rp1,231,760).
Untuk tahun yang berakhir 31 Desember 2023 For the year ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the principal
masing-masing pokok dan bunga kepada and interest to Danamon Indonesia were
Danamon Indonesia adalah sebesar Rp1,500,000 and Rp65,993 and nil and
Rp1.500.000 dan Rp65.993, dan nihil dan Rp30,689. respectively.
Rp30.689.
h. PT Bank Shinhan Indonesia h. PT Bank Shinhan Indonesia
Berdasarkan Perjanjian Kredit No. Based on Credit Agreement No.
030/PFK/V/2021 tanggal 25 Mei 2021, Bank 030/PFK/V/2021 dated May 25, 2021, the Bank
telah memperoleh Fasilitas Kredit Korporasi has obtained a Corporate Credit Facility
(Modal Kerja) dari PT Bank Shinhan Indonesia (Working Capital) from PT Bank Shinhan
(Shinhan) sebesar Rp200.000 dengan suku Indonesia (Shinhan) amounting to Rp200,000
bunga menggunakan JIBOR 1 Tahun + Marjin with an interest rate using JIBOR per annum +
1,5% pertahun. Jangka waktu fasilitas 366 (tiga Margin of 1.5% per year. The term of the facility
ratus enam puluh enam) hari dan bersifat is 366 (three hundred sixty six) days and is
berulang (revolving). Fasilitas ini digunakan revolving. This facility is used to finance the
untuk membiayai modal kerja Bank. Bank's working capital.
- 140 -
Page 626
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
h. PT Bank Shinhan Indonesia (lanjutan) h. PT Bank Shinhan Indonesia (continued)
Bank dan Shinhan telah menandatangani The Bank and Shinhan have signed the Credit
Perjanjian Perpanjangan Jangka Waktu Kredit Term Extension Agreement No. 100/PPWK/
No. 100/PPWK/V/2022 tanggal 27 Mei 2022 V/2022 dated May 27, 2022 in lieu of Credit
sebagai pengganti Perjanjian Kredit Agreement No. 030/PFK/V/2021 dated May 25,
No. 030/PFK/V/2021 tanggal 25 Mei 2021. 2021. The Credit Term Extension Agreement is
Perjanjian Perpanjangan Jangka Waktu Kredit as follows:
tersebut sebagai berikut:
1. Mengubah suku bunga Fasilitas Kredit 1. Changing the interest rate on the previous
sebelumnya JIBOR 1 Tahun + Marjin 1,5% Credit Facility 1 Year JIBOR + Margin 1.5%
pertahun menjadi suku bunga 4,85% per year to an interest rate of 4.85% per
pertahun; dan annum; and
2. Memperpanjang jangka waktu Fasilitas 2. Extending the term of the Credit Facility
Kredit yang jatuh tempo pada tanggal 28 which matures on May 28, 2022, to be
Mei 2022, untuk selanjutnya diperpanjang further extended for 366 (three hundred
selama 366 (tiga ratus enam puluh enam) sixty six) days from May 28, 2022 to May 29,
hari terhitung sejak tanggal 28 Mei 2022 2023.
sampai dengan tanggal 29 Mei 2023.
Selama periode perjanjian kredit, Bank harus During the period of the Loan, the Bank should
memberitahukan secara tertulis dan/atau tidak notify in writing and/or not in writing to Bank
tertulis kepada Bank Shinhan Indonesia untuk Shinhan Indonesia to carry out the following
melakukan hal-hal antara lain sebagai berikut: activities, among others:
i. Menginformasikan melalui surat setiap i. Notify in letter of any change in the legal
perubahan status hukum Bank, AOA, status of Bank, AOA, composition of
komposisi pemegang saham dan apabila shareholders and if there is a plan to change
ada rencana perubahan kepemilikan KB the ownership of KB Kookmin less than 51%
Kookmin kurang dari 51% harus mendapat must obtain prior approval from the Bank;
persetujuan terlebih dahulu dari Bank;
ii. Memberikan laporan keuangan yang telah ii. Provide audited/in-house financial
diaudit/in-house; dan statement; and
iii. Menginformasikan persyaratan keuangan iii. Submit financial covenant every annual
setiap tahun dengan maksimum Rasio review with maximum NPL Ratio 5% and
NPL 5% dan minimum KPMM 11%. minimum CAR 11%.
Manajemen berpendapat bahwa seluruh Management believes that all compliance
persyaratan kepatuhan telah dipenuhi pada requirements have been met as of the date of
tanggal laporan posisi keuangan konsolidasian. the consolidated statement of financial position.
Untuk tahun yang berakhir 31 Desember 2023 For the years that ended December 31, 2023
dan 2022 total pembayaran yang dilakukan atas and 2022 the total payments made for the
masing-masing pokok dan bunga kepada principal and interest to Shinhan were
Shinhan adalah sebesar Rp200.000 dan Rp200,000 and Rp4,015, nil and Rp10,578,
Rp4.015, nihil dan Rp10.578. respectively.
Pada tanggal 29 Mei 2023 Perusahaan telah On May 29, 2023, the Bank has settled this
melakukan pelunasan atas fasilitas ini dan tidak facility and opted to not renew.
melakukan perpanjangan.
- 141 -
Page 627
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
i. International Finance Corporation i. International Finance Corporation
Pada tanggal 31 Mei 2022, Bank telah On May 31, 2022, the Bank has signed a Bank
menandatangani perjanjian fasilitas pinjaman Bond loan facility agreement from the
Obligasi Bank dari International Finance International Finance Corporation (IFC) to
Corporation (IFC) untuk mendukung Operasi support the Relevant Financing Operations.
Pembiayaan Yang Relevan. Pinjaman ini terdiri This loan consists of three facilities, namely:
dari tiga fasilitas, yaitu:
• Fasilitas Tranche 1 senilai Rp178.680 • Tranche 1 facility amounting Rp178,680
dengan suku bunga 7,54% pertahun. Bank with an interest rate of 7.54% per year. The
telah melakukan seluruh penarikan pinjaman bank has made all loan withdrawals on
pada tanggal 25 Agustus 2022. August 25, 2022.
• Fasilitas Tranche 2 senilai Rp148.200 • Tranche 2 facility amounting Rp148,200
dengan suku bunga 7,54% pertahun. Bank with an interest rate of 7.54% per year.
telah melakukan seluruh penarikan pinjaman The bank has made all loan withdrawals
pada tanggal 31 Agustus 2022. on August 31, 2022.
• Fasilitas Tranche 3 senilai Rp564.550 • Tranche 3 facility amounting Rp564,550
dengan suku bunga 7,66% pertahun. Bank with an interest rate of 7.66% per year.
telah melakukan seluruh penarikan pinjaman The bank has made all loan withdrawals
pada tanggal 2 September 2022. on September 2, 2022.
Fasilitas pinjaman ini memiliki tenor 3 (tiga) This loan facility has a tenor of 3 (three) years
tahun dan akan jatuh tempo pada tanggal and will mature on August 25 - September 2,
25 Agustus - 2 September 2025. Pokok akan 2025. The principal will be paid at maturity while
dibayarkan pada saat jatuh tempo sedangkan interest payments will be paid every 6 months.
pembayaran bunga akan dibayarkan setiap 6
bulan.
Persyaratan penting Financial Covenant dalam The important requirements Financial Covenant
perjanjian ini atara lain sebagai berikut: in this agreement are as follows:
a. Rasio Kecukupan Modal Tertimbang a. Risk Weighted Capital Adequacy Ratio of
Menurut Risiko yang tidak kurang dari not less than 13.5%;
13,5%;
b. Rasio Ekuitas Terhadap Aset yang tidak b. Equity to Assets Ratio of not less than 5%;
kurang dari 5%;
c. Rasio Modal Inti terhadap Modal Total yang c. Tier 1 Capital to Total Capital Ratio of not
tidak kurang dari 7%; less than 7%;
d. Rasio Eksposur Kelompok Ekonomi yang d. Economic Group Exposure Ratio of not
tidak lebih 15%; more than 15%;
e. Keseluruhan Rasio Eskposur Besar yang e. Aggregate Large Exposure Ratio of not
tidak lebih dari 400%; more that 400%;
f. Rasio Eksposur Pihak Berelasi tidak lebih f. Related Party Exposure Ratio of not more
dari 15%; than 15%;
g. Rasio Eksposur Kredit Terbuka yang tidak g. Open Credit Exposure Ratio of not more
lebih dari 185% sampai dengan than 185% until December 31, 2023; not
31 Desember 2023; yang tidak lebih dari more than 150% until March 31, 2023;
150% sampai dengan 31 Maret 2023; reduced by 20% every quarter until
dikurangi dengan 20% setiap triwulannya September 30, 2024; and then not more
sampai dengan 30 September 2024; dan than 25% onwards;
kemudian tidak lebih dari 25% untuk
kedepannya;
h. Rasio Partisipasi Ekuitas Ditambah Aset h. Fixed Asstes Plus Equity Participations
Tetap yang tidak lebih dari 35%; Ratio of not more than 35%;
i. Keseluruhan Rasio Risiko Valuta Asing yang i. Aggregate Foreign Exchange Risk Ratio of
tidak lebih dari 25%; not more than 25%;
j. Rasio Risiko Valuta Asing Mata Uang j. Single Currency Foreign Exchange Risk
Tunggal yang tidak lebih dari 10%; Ratio of not more that 10%;
k. Rasio Risiko Tingkat Suku Bunga yang tidak k. Interest Rate Risk of not more than 35%
lebih dari 35% sampai dengan 31 Maret untul March 31, 2023; and then reduced
2023; dan kemudian dikurangi dengan 3% by 3% every quarter of each Financial
setiap triwulan dari setiap Tahun Buku Year until it reaches 10%;
sampai dengan mencapai 10%;
- 142 -
Page 628
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
i. International Finance Corporation (lanjutan) i. International Finance Corporation
(continued)
l. Rasio Risiko Tingkat Suku Bunga yang tidak l. Aggregate Interest Rate Risk Ratio of not
lebih dari 65%; dan kemudian dikurangi more that 65%; and then reduced by 2%
dengan 2% setiap triwulan sampai dengan every quarter until it reaches 20%;
mencapai 20%;
m. Rasio Senjang Jatuh Tempo Mata Uang m. Foreign Currency Maturity Gap Ratio of
Asing yang tidak kurang dari -150%; dan not less than -150%; and
n. Keseluruhan Rasio Senjang Jatuh Tempo n. Aggregate Negative Maturity GAP Ratio
Negatif yang tidak kurang dari -300%. of not less than -300%.
Bank tidak memberikan jaminan apapun atas The Bank does not provide any collateral for
pinjaman ini. this loan.
Untuk tahun 31 Desember 2023 total For the year ended December 31, 2023, the
pembayaran yang dilakukan atas masing-masing total payments made for principal and interest
pokok dan bunga kepada IFC adalah sebesar to IFC amounted to nil and Rp72,098,
nihil dan Rp72.098. respectively.
Untuk tahun 31 Desember 2022 tidak ada For the year ended December 31, 2022 there
pembayaran pokok maupun bunga kepada IFC. has been no payment of either principal or
interest to IFC.
Pada tanggal 31 Desember 2023, Perusahaan As at December 31, 2023, the Company has
telah memenuhi seluruh kewajiban yang fulfilled all obligations required under the loan
dipersyaratkan dalam perjanjian pinjaman, agreement, except for the fulfillment of the
kecuali untuk pemenuhan rasio eksposur pihak related party exposure ratio of 19% which
berelasi sebesar 19% yang seharusnya tidak should not exceed 15%.
melebihi 15%.
Sampai pada tanggal laporan keuangan ini, As at the date of this financial report, the Bank
Bank belum mendapatkan surat pemberitahuan has not received a breach covenant notification
breach covenant dari IFC atas rasio eksposur letter from IFC on the related party
pihak berelasi sebesar 19%. exposure ratio of 19%.
j. Kookmin Bank Co. Ltd., Singapore Branch j. Kookmin Bank Co. Ltd., Singapore Branch
Pada tanggal 10 Juni 2022, Bank telah On June 10, 2022, the Bank has signed a loan
menandatangani perjanjian fasilitas peminjaman facility agreement from the Kookmin Bank Co.
kembali dari Kookmin Bank Co. Ltd., Singapore Ltd., Singapore Branch to support the Relevant
Branch untuk mendukung Operasi Pembiayaan Financing Operations. This loan consists of
Yang Relevan. Pinjaman ini terdiri dari tiga three facilities, namely:
fasilitas, yaitu:
• Fasilitas Tranche 1 senilai Rp714.720 • Tranche 1 facility amounting Rp714,720
dengan suku bunga 7,54% per tahun. Bank with an interest rate of 7.54% per year.
telah melakukan seluruh penarikan The bank has made all loan withdrawals
pinjaman pada tanggal 29 Agustus 2022. on August 29, 2022.
• Fasilitas Tranche 2 senilai Rp592.800 • Tranche 2 facility amounting Rp592,800
dengan suku bunga 7,54% per tahun. Bank with an interest rate of 7.54% per year.
telah melakukan seluruh penarikan The bank has made all loan withdrawals
pinjaman pada tanggal 2 September 2022. on September 2, 2022
• Fasilitas Tranche 3 senilai Rp2.258.200 • Tranche 3 facility amounting Rp2,258,200
dengan suku bunga 7,66% per tahun. Bank with an interest rate of 7.66% per year.
telah melakukan seluruh penarikan The bank has made all loan withdrawals
pinjaman pada tanggal 6 September 2022. on September 6, 2022
Fasilitas pinjaman ini memiliki tenor 3 (tiga) This loan facility has a tenor of 3 (three) years
tahun dan akan jatuh tempo pada tanggal and will mature on August 29 - September 6,
29 Agustus - 6 September 2025. Pokok akan 2025. The principal will be paid at maturity while
dibayarkan pada saat jatuh tempo sedangkan interest payments will be paid every 6 months.
pembayaran bunga akan dibayarkan setiap
6 bulan.
- 143 -
Page 629
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
j. Kookmin Bank Co. Ltd., Singapore Branch j. Kookmin Bank Co. Ltd., Singapore Branch
(lanjutan) (continued)
Bank tidak memberikan jaminan dan komitmen The Bank does not provide any collateral and
apapun atas pinjaman ini. commitment for this loan.
Untuk tahun 31 Desember 2023 total For the year ended December 31, 2023 the
pembayaran yang dilakukan atas masing-masing total payments made for the principal and
pokok dan bunga kepada Kookmin Bank Co. interest to Kookmin Bank Co. Ltd., Singapore
Ltd., Singapore Branch adalah sebesar nihil dan Branch were nil and Rp286,514.
Rp286.514.
Untuk tahun 31 Desember 2022 tidak ada For the year ended December 31, 2022 there
pembayaran pokok maupun bunga kepada has been no payment of either principal or
Kookmin Bank Co. Ltd., Singapore Branch. interest to Kookmin Bank Co. Ltd., Singapore
Branch.
k. Kookmin Bank Co. Ltd., Hong Kong Branch k. Kookmin Bank Co. Ltd., Hong Kong Branch
Pada tanggal 29 Juni 2022, Bank telah On June 29, 2022, the Bank has signed a loan
menandatangani perjanjian fasilitas pinjaman facility agreement from Kookmin Bank Co. Ltd.,
dari Kookmin Bank Co. Ltd., Hong Kong Branch Hong Kong Branch to finance general working
untuk membiayai kebutuhan modal kerja umum capital needs and strengthen the long-term
dan memperkuat struktur permodalan jangka capital structure. The total plafond for the facility
panjang. Jumlah plafon keseluruhan dari fasilitas amounting Rp3,000,000.
sebesar Rp3.000.000.
Fasilitas pinjaman ini memiliki tenor 7 (tujuh) This loan facility has a tenor of 7 (seven) years
tahun dan akan jatuh tempo pada tanggal and will mature on June 30, 2029. The principal
30 Juni 2029. Pokok akan dibayarkan pada saat will be paid at maturity while interest payments
jatuh tempo sedangkan pembayaran bunga akan will be paid every 3 months.
dibayarkan setiap 3 bulan.
Bank tidak memberikan jaminan dan komitmen The Bank does not provide any collateral and
apapun atas pinjaman ini. commitment for this loan.
Untuk tahun yang berakhir 31 Desember 2023 For the year ended December 31, 2023 and
dan 2022 total pembayaran yang dilakukan atas 2022 the total payments made for the interest
bunga pinjaman kepada Kookmin Bank Co. Ltd., payment to Kookmin Bank Co. Ltd., Hong Kong
Hong Kong Branch adalah sebesar Rp287.952 Branch Indonesia were Rp287,952 and
dan Rp142.923. Rp142,923.
l. Lain-lain l. Others
Pinjaman lain-lain adalah pinjaman yang diterima Other borrowings represent borrowings
oleh PT KB Bukopin Finance (entitas anak) received by PT KB Bukopin Finance
dalam Rupiah yang berasal dari: (a subsidiary) in Rupiah from:
2023 2022
Pihak ketiga: Third parties:
PT Bank MNC Internasional Tbk - 12.791 PT Bank MNC Internasional Tbk
PT Bank Victoria International Tbk - 3.226 PT Bank Victoria International Tbk
PT Bank Sahabat Sampoerna - 1.748 PT Bank Sahabat Sampoerna
Total - 17.765 Total
PT. Bank MNC Internasional Tbk PT. Bank MNC Internasional Tbk
Pada tanggal 27 Desember 2023, Bank telah On December 27, 2023, the Bank has fully paid
melunasi seluruh pinjamannya kepada Bank all its loan to Bank MNC.
MNC.
- 144 -
Page 630
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
23. Pinjaman yang Diterima (lanjutan) 23. Borrowings (continued)
l. Lain-lain (lanjutan) l. Others (continued)
PT Bank Victoria International Tbk (Victoria) PT Bank Victoria International Tbk (Victoria)
Pada tanggal 26 April 2023, Bank telah melunasi On April 26, 2023, the Bank has fully paid all its
seluruh pinjaman yang tersisa (fasilitas kredit remaining loan (FL5 credit facilities) to Victoria.
FL5) kepada Victoria.
PT Bank Sahabat Sampoerna (Sampoerna) PT Bank Sahabat Sampoerna (Sampoerna)
Pada tanggal 1 Agustus 2023, Bank telah On August 1, 2023, the Bank has fully paid all
melunasi seluruh pinjamannya kepada Bank its loan to Bank Sampoerna.
Sampoerna.
Pinjaman digunakan untuk pembiayaan The borrowings were for motor vehicle
kendaraan bermotor kepada konsumen dan consumer financing which are guaranteed by
dijamin oleh piutang pembiayaan konsumen consumer financing receivables with interest
dengan suku bunga bekisar 13% - 20% dan rate between 13% - 20% and maturity of 4 - 5
jangka waktu 4 - 5 tahun. years.
24. Surat Berharga yang Diterbitkan 24. Marketable Securities Issued
a. Berdasarkan jenis a. By type
2023
Jangka waktu Tingkat bunga
suku bunga/ per tahun/ Nilai tercatat/
Wali amanat/ Peringkat/ Jatuh tempo/ Interest rate Interest rate Carrying
Arranger Rating Maturity period per annum amount
Obligasi Subordinasi Shelf-registered
Berkelanjutan II Subordinated Bond II
Bank KB Bukopin PT Bank Mandiri idA- 28 Februari 2024/ Bank KB Bukopin
Tahap II Tahun 2017 (Persero) Tbk (Pefindo) February 28, 2024 84 11 1.405.000 Tranche II Year 2017
Obligasi Senior Shelf-registered
Berkelanjutan I Senior Bond I
Bank KB Bukopin PT Bank Mandiri idnAAA 9 September 2024/ Bank KB Bukopin
Tahap I Tahun 2021 (Persero) Tbk (Fitch) September 9, 2024 36 6,25 1.000.000 Tranche I Year 2021
Obligasi Subordinasi
Berkelanjutan III Shelf-registered
Bank KB Bukopin Subordinated Bond III
Tahap I Tahun 2021 PT Bank Mandiri idAA 9 September 2026/ Bank KB Bukopin
Seri A (Persero) Tbk (Pefindo) September 9, 2026 60 8 315.000 Tranche I Year 2021 A Series
Obligasi Subordinasi
Berkelanjutan III Shelf-registered
Bank KB Bukopin Subordinated Bond III
Tahap I Tahun 2021 PT Bank Mandiri idAA 9 September 2028/ Bank KB Bukopin
Seri B (Persero) Tbk (Pefindo) September 9, 2028 84 8,9 685.000 Tranche I Year 2021 B Series
Dikurangi: Biaya emisi Less: Unamortized
yang belum diamortisasi (7.412) issuance cost
3.397.588
2022
Jangka waktu Tingkat bunga
suku bunga/ per tahun/ Nilai tercatat/
Wali amanat/ Peringkat/ Jatuh tempo/ Interest rate Interest rate Carrying
Arranger Rating Maturity period per annum amount
Obligasi Subordinasi Shelf-registered
Berkelanjutan II Subordinated Bond II
Bank KB Bukopin PT Bank Mandiri idA- 28 Februari 2024/ Bank KB Bukopin
Tahap II Tahun 2017 (Persero) Tbk (Pefindo) February 28, 2024 84 11 1.405.000 Tranche II Year 2017
Obligasi Senior Shelf-registered
Berkelanjutan I Senior Bond I
Bank KB Bukopin PT Bank Mandiri idnAAA 9 September 2024/ Bank KB Bukopin
Tahap I Tahun 2021 (Persero) Tbk (Fitch) September 9, 2024 36 6,25 1.000.000 Tranche I Year 2021
Obligasi Subordinasi
Berkelanjutan III Shelf-registered
Bank KB Bukopin Subordinated Bond III
Tahap I Tahun 2021 PT Bank Mandiri idAA 9 September 2026/ Bank KB Bukopin
Seri A (Persero) Tbk (Pefindo) September 9, 2026 60 8 315.000 Tranche I Year 2021 A Series
Obligasi Subordinasi
Berkelanjutan III Shelf-registered
Bank KB Bukopin Subordinated Bond III
Tahap I Tahun 2021 PT Bank Mandiri idAA 9 September 2028/ Bank KB Bukopin
Seri B (Persero) Tbk (Pefindo) September 9, 2028 84 8,9 685.000 Tranche I Year 2021 B Series
Dikurangi: Biaya emisi Less: Unamortized
yang belum diamortisasi (12.282) issuance cost
3.392.718
- 145 -
Page 631
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
24. Surat Berharga yang Diterbitkan 24. Marketable Securities Issued
a. Berdasarkan jenis (lanjutan) a. By type (continued)
Pada tanggal 30 Juni 2015, Bank menerbitkan On June 30, 2015 the Bank issued Shelf-
dan mencatatkan Obligasi Subordinasi registered Subordinated Bond II Bank KB
Berkelanjutan II Bank KB Bukopin Tahap I Bukopin Tranche I Year 2015 amounting to
tahun 2015 sebesar Rp400.000 dengan tingkat Rp400,000 which bears fixed interest rate of
bunga tetap sebesar 12% per tahun dan 12% per annum and has 7 (seven) years tenor
berjangka waktu 7 (tujuh) tahun sejak tanggal since issuance date. The bond is listed on the
emisi. Obligasi ini dicatat di Bursa Efek Indonesia Stock Exchange.
Indonesia.
Bunga obligasi dibayarkan setiap 3 (tiga) bulan. The bond’s interest will be paid on quarterly
Pembayaran bunga obligasi pertama telah basis. The first interest payment was made on
dilakukan pada tanggal 30 September 2015, September 30, 2015, while the last interest
sedangkan pembayaran bunga obligasi terakhir payment and due date of the bond’s principal
sekaligus jatuh tempo pokok obligasi dilakukan was made on June 30, 2022.
pada tanggal 30 Juni 2022.
Pada tanggal 28 Februari 2017, Bank On February 28, 2017, the Bank issued Shelf-
menerbitkan dan mencatatkan Obligasi registered Subordinated Bond II Bank KB
Subordinasi Berkelanjutan II Bank KB Bukopin Bukopin Tranche II Year 2017 amounting to
Tahap II tahun 2017 sebesar Rp1.405.000 Rp1,405,000 which bears fixed interest rate of
dengan tingkat bunga tetap sebesar 11% per 11% per annum and has 7 (seven) years tenor
tahun dan berjangka waktu 7 (tujuh) tahun sejak since issuance date. The bond is listed on the
tanggal emisi. Obligasi ini dicatat di Bursa Efek Indonesia Stock Exchange. The bond’s interest
Indonesia. Bunga obligasi dibayarkan setiap 3 will be paid on quarterly basis
(tiga) bulan.
Pembayaran bunga obligasi pertama telah The first interest payment was made on May 29,
dilakukan pada tanggal 29 Mei 2017, 2017, while the last interest payment and due
sedangkan pembayaran bunga obligasi terakhir date of the bond’s principal will be made on
sekaligus jatuh tempo pokok obligasi akan February 28, 2024 (On February 27, 2024, the
dilakukan pada tanggal 28 Februari 2024 (Pada Company has repaid the Bonds)
tanggal 27 Februari 2024 Perusahaan telah
melunasi Obligasi tersebut)
Pada tanggal 9 September 2021, Bank On September 9, 2021, the Bank issued Shelf-
menerbitkan dan mencatatkan Obligasi registered Bond I Bank KB Bukopin Tranche I
Berkelanjutan I Bank KB Bukopin Tahap I tahun Year 2021 amounting to Rp1,000,000 which
2021 sebesar Rp1.000.000 dengan tingkat bears fixed interest rate of 6.25% per annum and
bunga tetap sebesar 6,25% per tahun dan has 3 (three) years tenor since issuance date.
berjangka waktu 3 (tiga) tahun sejak tanggal The bond is listed on the Indonesia Stock
emisi. Obligasi ini dicatat di Bursa Efek Exchange. The bond’s interest will be paid on
Indonesia. Bunga obligasi dibayarkan setiap 3 quarterly basis.
(tiga) bulan.
Pembayaran bunga obligasi pertama telah The first interest payment was made on
dilakukan pada tanggal 9 Desember 2021, December 9, 2021, while the last interest
sedangkan pembayaran bunga obligasi terakhir payment and due date of the bond’s principal will
sekaligus jatuh tempo pokok obligasi akan be made on September 9, 2024.
dilakukan pada tanggal 9 September 2024.
Pada tanggal 9 September 2021, Bank On September 9, 2021, the Bank issued Shelf-
menerbitkan dan mencatatkan Obligasi registered Subordinated Bond III Bank KB
Subordinasi Berkelanjutan III Bank KB Bukopin Bukopin Tranche I Year 2021 Series A
Tahap I tahun 2021 Seri A sebesar Rp315.000 amounting to Rp315,000 which bears fixed
dengan tingkat bunga tetap sebesar 8% per interest rate of 8% per annum and has 5 (five)
tahun dan berjangka waktu 5 (lima) tahun sejak years tenor since issuance date. The bond is
tanggal emisi. Obligasi ini dicatat di Bursa Efek listed on the Indonesia Stock Exchange. The
Indonesia. Bunga obligasi dibayarkan setiap 3 bond’s interest will be paid on quarterly basis.
(tiga) bulan.
- 146 -
Page 632
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
24. Surat Berharga yang Diterbitkan 24. Marketable Securities Issued
a. Berdasarkan jenis (lanjutan) a. By type (continued)
Pembayaran bunga obligasi pertama telah The first interest payment was made on
dilakukan pada tanggal 9 Desember 2021, December 9, 2021, while the last interest
sedangkan pembayaran bunga obligasi terakhir payment and due date of the bond’s principal will
sekaligus jatuh tempo pokok obligasi akan be made on September 9, 2026.
dilakukan pada tanggal 9 September 2026.
Pada tanggal 9 September 2021, Bank On September 9, 2021, the Bank issued Shelf-
menerbitkan dan mencatatkan Obligasi registered Subordinated Bond III Bank KB
Subordinasi Berkelanjutan III Bank KB Bukopin Bukopin Tranche I Year 2021 Series B
Tahap I tahun 2021 Seri B sebesar Rp685.000 amounting to Rp685,000 which bears fixed
dengan tingkat bunga tetap sebesar 8,9% per interest rate of 8.9% per annum and has 7
tahun dan berjangka waktu 7 (tujuh) tahun (seven) years tenor since issuance date. The
sejak tanggal emisi. Obligasi ini dicatat di Bursa bond is listed on the Indonesia Stock Exchange.
Efek Indonesia. Bunga obligasi dibayarkan The bond’s interest will be paid on quarterly
setiap 3 (tiga) bulan basis.
Pembayaran bunga obligasi pertama telah The first interest payment was made on
dilakukan pada tanggal 9 Desember 2021, December 9, 2021, while the last interest
sedangkan pembayaran bunga obligasi terakhir payment and due date of the bond’s principal will
sekaligus jatuh tempo pokok obligasi akan be made on September 9, 2028.
dilakukan pada tanggal 9 September 2028.
Bank menerbitkan obligasi senior dan obligasi The Bank issued senior bond and subordinated
subordinasi untuk mengembangkan bond to expand its financing and to strengthen
pembiayaan dan memperkuat struktur long term funding structure of the Bank.
pendanaan jangka panjang Bank.
Obligasi subordinasi ini tidak dijamin dengan The subordinated bond is not guaranteed with
suatu agunan khusus, akan tetapi dijamin specific collateral, but guaranteed with all assets
dengan seluruh harta kekayaan Bank, yang of the Bank, that exist in the present or in the
telah ada maupun yang akan ada di kemudian future, whether fixed or non-fixed assets in
hari, baik barang bergerak maupun barang accordance with the provisions of article 1131
tidak bergerak sesuai dengan ketentuan dalam and 1132 of the Civil Laws.
pasal 1131 dan 1132 Kitab Undang-undang
Hukum Perdata.
Perjanjian obligasi subordinasi mencakup The subordinated bond agreement includes
beberapa pembatasan, antara lain mengenai several covenants, among others, the prohibition
larangan pengurangan modal dasar, modal of reduction of authorized capital, issued and
ditempatkan dan modal disetor, penggabungan paid-up capital, merger, related party
dan atau peleburan usaha, transaksi dengan transactions, borrowings and bonds issuance.
pihak berelasi, pinjaman dan penerbitan
obligasi.
Untuk 31 Desember 2023 dan 2022, Bank telah For December 31, 2023 and 2022, the Bank has
memenuhi ketentuan tentang pembatasan fulfilled the clauses related to the covenant and
kewajiban sebagaimana disepakati dalam obligations according to the Bonds Trustee
Perjanjian Perwaliamanatan. Agreements.
Untuk 31 Desember 2023 dan 2022, Bank telah For December 31, 2023 and 2022, the Bank has
melakukan pembayaran bunga obligasi secara paid the interest of the bond on a timely basis.
tepat waktu.
Untuk keperluan perhitungan rasio Kewajiban For the purpose of calculating the Capital
Penyediaan Modal Minimum (KPMM), Obligasi Adequacy Ratio (CAR), the Subordinated Bond II
Subordinasi Berkelanjutan II diperhitungkan is included as supplementary capital after the
sebagai modal pelengkap setelah Bank Bank received approval letter from Financial
menerima surat persetujuan dari Otoritas Jasa Services Authority No. S-56/PB.31/2015 dated
Keuangan No. S-56/PB.31/2015 tanggal 7 Juli July 7, 2015 and from Bank Indonesia No. 14/
2015 dan dari Bank Indonesia No. 14/24/DPB1/ 24/DPB1/TPB1-4 dated March 14, 2012.
TPB1-4 tanggal 14 Maret 2012.
- 147 -
Page 633
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
24. Surat Berharga yang Diterbitkan (lanjutan) 24. Marketable Securities Issued (continued)
a. Berdasarkan jenis (lanjutan) a. By type (continued)
Untuk keperluan perhitungan rasio Kewajiban For the purpose of calculating the Capital
Penyediaan Modal Minimum (KPMM), Obligasi Adequacy Ratio (CAR), the Subordinated Bond
Subordinasi Berkelanjutan III diperhitungkan III is included as supplementary capital after the
sebagai modal pelengkap setelah Bank Bank received approval letter from Financial
menerima surat persetujuan dari Otoritas Jasa Services Authority No. S-212/PB.31/2021 dated
Keuangan No. S-212/PB.31/2021 tanggal October 4, 2021.
4 Oktober 2021.
b. Berdasarkan mata uang b. By currency
Semua surat berharga yang diterbitkan adalah All marketable securities issued are
dalam mata uang Rupiah. denominated in Rupiah.
25. Estimasi Kerugian Komitmen dan Kontinjensi 25. Estimated Losses On Commitments and
Contingencies
a. Estimasi kerugian komitmen dan kontinjensi a. Estimated losses on commitments and
contingencies
2023 2022
Fasilitas kredit yang diberikan
dan pembiayaan/piutang syariah Unused loans and sharia
yang belum digunakan 19.672 20.221 financing/receivables facilities
Bank Garansi yang diterbitkan 2.712 4.251 Bank Guarantees issued
L/C tidak dapat dibatalkan 318 229 Irrevocable L/C
22.702 24.701
b. Perubahan estimasi kerugian komitmen dan b. Movements in the estimated losses on
kontinjensi commitments and contingencies
2023 2022
Saldo awal 24.701 22.429 Beginning balance
Penyisihan pembentukan Provision addition
(pembalikan cadangan) (reversal of allowance)
selama tahun berjalan (1.999) 2.272 during the year
Saldo akhir 22.702 24.701 Ending balance
26. Liabilitas Lain-Lain 26. Other Liabilities
2023 2022
Pihak ketiga Third parties
Rupiah: Rupiah:
Titipan debitur 380.088 288.652 Debtor’s deposits
Utang kesejahteraan karyawan 206.372 137.269 Employee benefits payable
Bunga masih harus dibayar 151.367 155.540 Interest payables
Liabilitas estimasi untuk kesejahteraan Estimated liability for employee
karyawan (Catatan 37) 100.344 127.787 service entitlements (Note 37)
Setoran jaminan 30.700 40.038 Guarantee deposits
Lain-lain 669.941 554.916 Others
1.538.812 1.304.202
Mata uang asing: Foreign currencies:
Bunga masih harus dibayar 26.221 58.611 Interest payables
Setoran jaminan 130 132 Guarantee deposits
Lain-lain 4.977 4.585 Others
31.328 63.328
Total 1.570.140 1.367.530 Total
- 148 -
Page 634
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
26. Liabilitas Lain-Lain (lanjutan) 26. Other Liabilities (continued)
Utang kesejahteraan karyawan meliputi Employee benefits payable represents accrual for
pencadangan tunjangan, bonus dan tantiem. allowances, bonus and tantiem.
Bunga masih harus dibayar merupakan beban Interests payable represent interest expense for
bunga simpanan nasabah, simpanan dari bank lain, customer deposits, deposits from other banks,
pinjaman yang diterima, dan surat berharga yang borrowings, and securities issued.
diterbitkan.
Titipan debitur merupakan dana dari debitur untuk Debtor’s deposit represents fund from debtors for
administrasi kredit, seperti biaya notaris dan loan administration, such as notary and insurance
asuransi, yang akan dibayarkan kepada pihak expenses, which will be paid to third parties.
ketiga.
Setoran jaminan merupakan titipan debitur terkait Guarantee deposits represent debtor’s funds for
dengan penerbitan Bank garansi, Letters of Credit, issuance of Bank guarantee, Letters of Credit,
Surat Kredit Berdokumen Dalam Negeri (SKBDN), Domestic Letters of Credit (SKBDN), and safe
dan safe deposit box. deposit box.
Lain-lain terdiri dari pendapatan provisi Letters of Others consist of fees and commission from Letters
Credit yang diamortisasi sesuai dengan jangka of Credit which are amortized during the period and
waktu dan lain-lain. others.
27. Ekuitas 27. Equity
a. Modal saham a. Share capital
Dana Setoran Modal Capital Deposit Fund
Pada 19 Desember 2022, Perseroan On December 19, 2022, the Company sent a
mengirimkan Surat Permohonan kepada Request for Approval Letter to the Financial
Otoritas Jasa keuangan dengan perihal Services Authority regarding the Approval
Permohonan Persetujuan Pengakuan Dana Request for the Recognition of Deposit Funds
Setoran Modal PUT VII sebagai Modal Inti for LPO VII Capital as Core Capital (Tier 1), and
(Tier 1), dan pada 20 Desember 2022 OJK on December 20, 2022, OJK approved the
menyetujui permohonan Perseroan untuk Dana Company's application for Deposit Funds for
Setoran Modal PUT VII sebagai Modal Inti LPO VII Capital as Core Capital (Tier 1).
(Tier 1).
Total Dana Setoran Modal yang disetujui OJK The total Capital Deposit Fund approved by
pada Modal Inti (Tier 1) adalah sebesar OJK for Core Capital (Tier 1) is Rp3,000,000
Rp3.000.000 yang akan dicatatkan pada Modal which will be recorded in the Company's Core
Inti (Tier 1) Perseroan. Dana Setoran Modal Capital (Tier 1). The Capital Deposit Fund of
sebesar Rp3.000.000 tersebut telah disetorkan Rp3,000,000 was paid on December 19, 2022
pada tanggal 19 Desember 2022 dan telah and has been recorded as an advance for future
dicatat sebagai uang muka setoran modal. shares subscription. on 2023 the capital
Pada tahun 2023 uang muka modal tersebut advance had been realized into issued and
telah direalisasikan menjadi modal ditempatkan paid-up capital.
dan disetor.
Penawaran Umum Terbatas (PUT) VII Limited Public Offering (LPO) VII
Berdasarkan surat OJK No. S-113/D.04/2023 Based on OJK’s letter No. S-113/D.04/2023
tanggal 5 Mei 2023, Bank telah mendapat dated May 5, 2023, the Bank has received an
Pernyataan Efektif pelaksanaan PUT VII dari Effective Statement of LPO VII Implementation
OJK. from OJK. On
Bank menerbitkan 119.999.999.692 (nilai The Bank issued 119,999,999,692 (full amount)
penuh) lembar saham kelas B dengan nilai class B shares with nominal value of Rp100 (full
nominal Rp100 (nilai penuh) per lembar saham amount) per share with Exercise Price of Rp100
dengan Harga Pelaksanaan Rp100 (nilai (full amount) per share for a total of
penuh) per lembar saham sehingga seluruhnya Rp11,999,999,969,200 (full amount)
berjumlah Rp11.999.999.969.200 (nilai penuh).
- 149 -
Page 635
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
27. Ekuitas (lanjutan) 27. Equity (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Penawaran Umum Terbatas (PUT) VII Limited Public Offering (LPO) VII (continued)
(lanjutan)
Dana yang berhasil dihimpun dalam PUT VII Total fund that have been gathered from LPO
sebesar Rp11.999.999.969.200 (nilai penuh) VII amounting to Rp11,999,999,969,200 (full
yang dicatat dalam Modal Disetor di posisi amount) the fund recognized as Additional paid-
ekuitas yang sudah termasuk uang muka in capital in Bank’s Equity that has included the
setoran modal yang telah dikonversi menjadi realized capital advance into issued and paid-up
modal disetor sebesar Rp3.000.000 pada capital amounted to Rp3,000,000 at May 5,
tanggal 5 Mei 2023. 2023.
Berdasarkan hasil keputusan rapat Dewan Based on the decisions of the Board of Directors
Direksi dan Dewan Komisaris yang dinyatakan and Board of Commissioners meetings which
dalam akta notaris No. 33 tanggal 9 Juni 2023 were covered by notarial deed No. 33 dated
dari Notaris Aulia Taufani, S.H., jumlah modal June 9, 2023 of Notary Aulia Taufani, SH, the
ditempatkan dan disetor penuh terdiri dari number of fully paid capital consists of
21.337.978 saham kelas A dengan total 21,337,978 common A shares with a total value
sebesar Rp213.379.780.000 (nilai penuh) dan of Rp213,379,780,000 (full amount) and
187.866.201.892 saham kelas B dengan total 187,866,201,892 common B shares with a total
sebesar Rp18.786.620.189.200 (nilai penuh). value of Rp18,786,620,189,200 (full amount).
Perubahan ini telah diterima oleh Menteri These changes have been accepted by the
Hukum dan Hak Asasi Manusia Republik Minister of Justice and Human Rights of the
Indonesia dengan Surat Keputusan No. AHU- Republic of Indonesia with Decision Letter No.
AH.01.03-0075748 tanggal 12 Juni 2023. AHU-AH.01.03-0075748 dated June 12, 2023.
Susunan pemegang saham Bank pada tanggal The Bank’s shareholders as at December 31,
31 Desember 2023 sebagai berikut: 2023 are as follows:
Jumlah Modal
Jumlah Saham Persentase Ditempatkan
(Nilai Penuh)/ Kepemilikan/ dan Disetor
Number of Percentage of Penuh/Issued
Shares Ownership and Fully
(Full Amount) Dec 31, 2023 Paid Capital
x
I. Saham Biasa Kelas A I. Common A Shares
(Rp10.000 (nilai penuh) (Rp10,000 (full amount)
per lembar saham) per share)
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) 4.736.255 0,00 % 47.363 (Persero)
Masyarakat (masing-masing Public (Individual ownership of
kepemilikan kurang dari 5%) 16.601.723 0,01 % 166.017 less than 5%)
Total saham biasa kelas A 21.337.978 0,01 % 213.380 Total common A shares
II. Saham Biasa Kelas B II. Common B Shares
(Rp100 (nilai penuh) (Rp100 (full amount)
per lembar saham) per share)
Kookmin Bank Co., Ltd 125.655.736.951 66,87 % 12.565.574 Kookmin Bank Co., Ltd
STIC Eugene Star Holdings Inc 31.900.000.000 16,98 % 3.190.000 STIC Eugene Star Holdings Inc
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) 1.034.232.376 0,55 % 103.423 (Persero)
Woo Yeul Lee (Direktur Utama) 8.500.000 0,01 % 850 Woo Yeul Lee (President Director)
Koperasi Pegawai Bulog Koperasi Pegawai Bulog
Seluruh Indonesia 5.382.249 0,00 % 538 Seluruh Indonesia
Seng Hyup Shin (Direktur) 2.300.000 0,00 % 230 Seng Hyup Shin (Director)
Robby Mondong Robby Mondong
(Wakil Direktur Utama) 1.107.000 0,00 % 111 (Deputy President Director)
Dodi Widjajanto (Direktur) 1.000.088 0,00 % 100 Dodi Widjajanto (Director)
Yohanes Suhardi (Direktur) 574.800 0,00 % 57 Yohanes Suhardi (Director)
Helmi Fahrudin (Direktur) 482.951 0,00 % 48 Helmi Fahrudin (Director)
Henry Sawali (Direktur) 200.000 0,00 % 20 Henry Sawali (Director)
Masyarakat (masing-masing Public (Individual ownership of
kepemilikan kurang dari 5%) 29.256.685.477 15,58 % 2.925.669 less than 5%)
Total saham biasa kelas B 187.866.201.892 99,99 % 18.786.620 Total common B shares
Total saham biasa 187.887.539.870 100,00 % 19.000.000 Total common shares
- 150 -
Page 636
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
27. Ekuitas (lanjutan) 27. Equity (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Susunan pemegang saham Bank pada tanggal The Bank’s shareholders as at December 31,
31 Desember 2022 sebagai berikut: 2022 are as follows:
Jumlah Modal
Jumlah Saham Persentase Ditempatkan
(Nilai Penuh)/ Kepemilikan/ dan Disetor
Number of Percentage of Penuh/Issued
Shares Ownership and Fully
(Full Amount) Dec 31, 2022 Paid Capital
I. Saham Biasa Kelas A I. Common A Shares
(Rp10.000 (nilai penuh) (Rp10,000 (full amount)
per lembar saham) per share)
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) 4.736.255 0,01 % 47.363 (Persero)
Masyarakat (masing-masing Public (Individual ownership of
kepemilikan kurang dari 5%) 16.601.723 0,02 % 166.017 less than 5%)
Total saham biasa kelas A 21.337.978 0,03 % 213.380 Total common A shares
II. Saham Biasa Kelas B II.Common B Shares
(Rp100 (nilai penuh) (Rp100 (full amount)
per lembar saham) per share)
Kookmin Bank Co., Ltd 45.484.861.813 67,00 % 4.548.486 Kookmin Bank Co., Ltd
PT Perusahaan Pengelola Aset PT Perusahaan Pengelola Aset
(Persero) 1.034.232.376 1,52 % 103.423 (Persero)
Yohanes Suhardi (Direktur) 207.700 0,00 % 21 Yohanes Suhardi (Director)
Helmi Fahrudin (Direktur) 174.500 0,00 % 17 Helmi Fahrudin (Director)
Masyarakat (masing-masing Public (Individual ownership of
kepemilikan kurang dari 5%) 21.346.725.811 31,45 % 2.134.673 less than 5%)
Total saham biasa kelas B 67.866.202.200 99,97 % 6.786.620 Total common B shares
Total saham biasa 67.887.540.178 100,00 % 7.000.000 Total common shares
Semua saham yang dikeluarkan oleh Bank All shares issued by the Bank entitle the
adalah saham atas nama dan setiap saham holder to have 1 (one) vote per share.
mempunyai 1 (satu) hak suara.
b. Tambahan modal disetor - neto b. Additional paid-in capital - net
Perubahan tambahan modal disetor adalah The movements in additional paid in capital are
sebagai berikut: as follow:
Tambahan modal disetor yang berasal dari
Penawaran saham perdana - neto 184.694 Additional paid-in-capital from IPO - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2006 184.694 - net as at December 31, 2006
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 33.138 the exercise of share options - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital - net
tanggal 31 Desember 2007 217.832 as at December 31, 2007
- 151 -
Page 637
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
27. Ekuitas (lanjutan) 27. Equity (continued)
b. Tambahan modal disetor - neto (lanjutan) b. Additional paid-in capital - net (continued)
Perubahan tambahan modal disetor adalah The movements in additional paid in capital are
sebagai berikut: (lanjutan) as follow: (continued)
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 578 the exercise of share options - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2008 218.410 - net as at December 31, 2008
Tambahan modal disetor yang berasal dari Additional paid-in-capital from
Penawaran Umum Terbatas I - neto 82.647 Limited Public Offering I - net
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 3.133 the exercise of share options - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2009 304.190 - net as at December 31, 2009
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 55.439 the exercise of share options - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2010 359.629 - net as at December31, 2010
Tambahan modal disetor yang berasal dari Additional paid-in-capital from
Penawaran Umum Terbatas II - neto 727.852 Limited Public Offering II - net
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 6.838 the exercise of share options - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2011 1.094.319 - net as at December 31, 2011
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 5.686 the exercise of share options - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2012 1.100.005 - net as at December 31, 2012
Tambahan modal disetor yang berasal dari Additional paid-in-capital from Limited
Penawaran Umum Terbatas III - neto 281.522 Public Offering III - net
Tambahan modal disetor yang berasal dari Additional paid-in-capital arising from
eksekusi opsi saham - neto 3.915 the exercise of share options - net
Pembalikan cadangan opsi saham Reversal of share option reverse
yang telah gugur 8.599 which has been forfeited
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2013 1.394.041 - net as at December 31, 2013
- 152 -
Page 638
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
27. Ekuitas (lanjutan) 27. Equity (continued)
b. Tambahan modal disetor - neto b. Additional paid-in capital - net
Perubahan tambahan modal disetor adalah The movements in additional paid in capital are
sebagai berikut: as follow:
Tambahan modal disetor yang berasal dari Additional paid-in-capital from
Penawaran Umum Terbatas III - neto 330.028 Limited Public Offering III - net
Saldo tambahan modal disetor - neto pada Balance of additional paid-in-capital
tanggal 31 Desember 2014 1.724.069 - net as at December 31, 2014
Tambahan modal disetor yang berasal dari Additional paid-in-capital from Limited
Penawaran Umum Terbatas IV - neto 1.199.869 Public Offering IV - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2018 2.923.938 - net as at December 31, 2018
Tambahan modal disetor yang berasal dari Additional paid-in-capital from
Penawaran Umum Terbatas V - neto 372.861 Limited Public Offering V - net
Tambahan modal disetor yang berasal Additional paid-in-capital from
dari PMTHMETD - neto 1.472.452 Private Placement - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2020 4.769.251 - net as at December 31, 2020
Tambahan modal disetor yang berasal Additional paid-in-capital from
dari Penawaran Umun Terbatas VI - neto 3.517.177 Limited Public Offering VI - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2023 dan - net as at December 31, 2023 and
31 Desember 2021 8.286.428 December 31, 2021
Penggunaan tambahan modal disetor Use of additional paid-in capital
yang digunakan untuk biaya Penawaran used for Limited Public Offering
Umum Terbatas VII - neto (60.661) costs VII - net
Saldo tambahan modal disetor - neto Balance of additional paid-in-capital
pada tanggal 31 Desember 2023 8.225.767 -net as of 31 December 2023
Tambahan modal disetor berupa agio saham Additional paid-in capital arise from issuance of
berasal dari penerbitan saham pada saat IPO, shares in IPO, LPO I, LPO II, LPO III, LPO IV,
PUT I, PUT II, PUT III, PUT IV, PUT V, LPO V, PP, LPO VI and LPO VII are as follow:
PMTHMETD, PUT VI dan PUT VII sebagai
berikut:
Harga Penawaran
(Nilai Penuh)
per Saham/
Offering Price Jumlah
(Full Amount) Lembar Saham/
per Share Number of Shares
IPO 350 843.765.500 IPO
PUT I 415 286.050.768 LPO I
PUT II 520 1.787.960.495 LPO II
PUT III 660 1.106.252.141 LPO IIIl
PUT IV 570 2.565.288.316 LPO IV
PUT V 180 4.660.763.499 LPO V
PMTHMETD 190 16.360.578.947 PP
PUT VI 200 35.214.288.984 LPO VI
PUT VII 100 119.999.999.692 LPO VII
- 153 -
Page 639
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
28. Kepentingan Non-Pengendali 28. Non-Controlling Interest
Perubahan kepentingan non-pengendali atas aset Movements in the non-controlling interest’s share in
neto entitas anak adalah sebagai berikut: the net assets of the subsidiaries are as follows:
2023 2022
Saldo awal (4.828) 216 Beginning balance
Bagian kepentingan Net loss of subsidiaries
non-pengendali atas attributable to
rugi bersih entitas anak (21.318) (5.044) non-controlling interest
Saldo akhir (26.146) (4.828) Ending balance
29. Pendapatan Bunga Dan Syariah 29. Interest And Sharia Income
Pendapatan bunga diperoleh dari: Interest income is derived from the following:
2023 2022
Rupiah: Rupiah:
Kredit yang diberikan 2.867.896 2.870.197 Loans
Surat-surat berharga 897.932 514.730 Marketable securities
Penempatan pada Bank Placements with Bank
Surat-surat berharga yang dibeli Purchased with agreements
dengan janji dijual kembali 123.417 46.089 to resell Bank
Bank Indonesia dan bank lain 114.055 75.395 Indonesia and other banks
Giro pada Bank Indonesia 28.107 22.005 Bank Indonesia current account
Current account with
Giro pada bank lain 1.230 276 other banks
Tagihan lainnya 135 143 Other receivables
Sub-total 4.032.772 3.528.835 Sub-total
Mata uang asing: Foreign currencies:
Kredit yang diberikan 252.183 89.363 Loans
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 58.135 66.537 Indonesia and other banks
Surat-surat berharga 31.270 36.542 Marketable securities
Current account with
Giro pada bank lain 3 13 other banks
Tagihan lainnya 331 123 Other receivables
Sub-total 341.922 192.578 Sub-total
Total pendapatan bunga 4.374.694 3.721.413 Total interest income
Pendapatan syariah 486.942 407.257 Sharia income
Total 4.861.636 4.128.670 Total
Pendapatan bunga dan syariah berdasarkan Interest and sharia income based on the
klasifikasi aset keuangan adalah sebagai berikut: classification of financial assets are as follows:
2023 2022
Diukur pada biaya perolehan
amortisasi 4.575.624 4.026.451 Valued at amortized cost
Diukur pada nilai wajar melalui Fair value through
laba rugi 230.219 73.507 profit and loss
Diukur pada nilai wajar melalui Fair value through other
penghasilan komprehensif lain 55.793 28.712 comprehensive income
Total 4.861.636 4.128.670 Total
- 154 -
Page 640
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
29. Pendapatan Bunga Dan Syariah 29. Interest And Sharia Income
Termasuk dalam pendapatan bunga dari kredit yang Interest income from loan include fees and
diberikan adalah provisi dan komisi yang berkaitan commission related to lending activities amortized
dengan kegiatan pemberian kredit yang diamortisasi using an effective interest rate method amounting to
berdasarkan metode suku bunga efektif masing- Rp61,738 and Rp61,281 for the years ended
masing sebesar Rp61.738 dan Rp61.281 untuk December 31, 2023 and 2022, respectively.
tahun-tahun yang berakhir 31 Desember 2023 dan
2022.
Termasuk dalam pendapatan syariah adalah Sharia income includes income from sharia
pendapatan atas pembiayaan syariah dan surat- financing and marketable securities.
surat berharga.
30. Beban Bunga dan Syariah 30. Interest Expense and Sharia Charges
Beban bunga dan syariah berasal dari: Interest expense and sharia charges are derived
from:
2023 2022
Rupiah: Rupiah:
Deposito berjangka 1.747.716 1.399.243Time deposits
Pinjaman yang diterima 852.041 404.988Borrowings
Surat berharga yang diterbitkan 308.086 332.225Marketable securities issued
Tabungan 191.786 237.352Savings deposits
Giro 36.462 36.328Demand deposits
Simpanan dari bank lain 13.949 74.093Deposits from other banks
Marketable securities sold
Surat berharga yang dijual with agreement
dengan janji dibeli kembali 4.525 26.953 to repurchase
Sub-total 3.154.565 2.511.182 Sub-total
Mata uang asing: Foreign currencies:
Simpanan dari bank lain 427.869 180.602 Deposits from other banks
Deposito berjangka 123.030 90.149 Time deposits
Pinjaman yang diterima 39.216 42.460 Borrowings
Giro 1.034 1.631 Demand deposits
Tabungan 996 2.351 Savings deposits
Sub-total 592.145 317.193 Sub-total
Total beban bunga 3.746.710 2.828.375 Total interest expense
Beban syariah 306.044 250.792 Sharia charges
Total 4.052.754 3.079.167 Total
Sehubungan dengan liabilitas bank umum yang In connection with the commercial bank obligations
dijamin oleh Program Penjaminan Pemerintah, guaranteed by Government Guarantee Program, the
Pemerintah Republik Indonesia telah mendirikan Indonesian Government has established an
sebuah lembaga independen berdasarkan Undang- independent institution in accordance with the
undang Republik Indonesia No. 24 tahun 2004 Republic of Indonesia Law No. 24 year 2004 dated
tanggal 22 September 2004. Berdasarkan peraturan September 22, 2004. Under this Law, The Deposit
ini, Lembaga Penjamin Simpanan (LPS) menjamin Guarantee Institution (Lembaga Penjamin
dana masyarakat termasuk dana dari bank lain Simpanan/LPS) guarantees third parties deposits
dalam bentuk giro, deposito, sertifikat deposito, including deposits from other banks in the form of
tabungan dan/atau bentuk lainnya yang demand deposits, time deposits, certificates of
dipersamakan dengan itu. deposit, saving deposits and/or other equivalent
forms.
- 155 -
Page 641
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
30. Beban Bunga dan Syariah (lanjutan) 30. Interest Expense and Sharia Charges
(continued)
Pada tanggal 13 Oktober 2008, Presiden Republik On October 13, 2008, the President of the Republic
Indonesia menetapkan Peraturan Pemerintah of Indonesia approved Government Regulation
No. 66 Tahun 2008 tentang besaran nilai simpanan No. 66 Year 2008 regarding the amount of deposits
yang dijamin LPS. Berdasarkan peraturan tersebut, guaranteed by LPS. Based on such regulation, the
nilai simpanan yang dijamin untuk setiap nasabah customers’ guaranteed deposit in a Bank which was
pada satu Bank yang semula berdasarkan previously regulated under Law No. 24 Year 2004
Undang-undang No. 24 Tahun 2004 ditetapkan amounted to a maximum of Rp100,000,000 (full
maksimum Rp100.000.000 (nilai penuh) diubah amount) was amended to a maximum of
menjadi maksimum Rp2.000.000.000 (nilai penuh). Rp2,000,000,000 (full amount). As at December 31,
Pada tanggal 31 Desember 2023 dan 2022, Bank 2023 and 2022, the Bank was a participant of above
adalah peserta dari program penjaminan tersebut. guarantee program.
Bank telah melakukan pembayaran premi Program The Bank has paid the premium on the Government
Penjaminan Pemerintah terhadap Kewajiban Guarantee Program for Obligation of Commercial
Pembayaran Bank Umum masing-masing sebesar Banks amounting to Rp98,812 and Rp118,790 for
Rp98.812 dan Rp118.790 untuk yang berakhir pada the years ended December 31, 2023 and 2022,
tanggal 31 Desember 2023 dan 2022 yang dicatat respectively, which was recorded as other financing
sebagai beban pembiayaan lainnya. charges.
31. Provisi dan Komisi Lainnya 31. Other Fees and Commissions
2023 2022
Imbalan jasa 174.169 163.641 Fees
Jasa administrasi 72.428 82.057 Administrative service charges
Komisi merchant 5.702 8.332 Merchant commission
Lain-lain 81.433 69.310 Others
Total 333.732 323.340 Total
Imbalan jasa merupakan pendapatan yang berasal Fees represent fees for electricity, water, telephone,
dari penerimaan imbalan atas pembayaran listrik, tax, trade financing, and other payments made
air, telepon, pajak, transaksi perdagangan, dan lain- through the Bank and fees from ATM transaction
lain melalui Bank dan pendapatan imbalan atas with other banks.
transaksi ATM dengan bank lain.
Lain-lain merupakan pendapatan dari jasa-jasa yang Others consist of fees from services provided by the
diberikan oleh Bank yang antara lain meliputi Bank, which include among others income from
pendapatan jasa pelayanan nasabah dan transaksi customer service and credit card transactions.
kartu kredit.
32. Pemulihan Cadangan (Penyisihan) Kerugian 32. Reversal of Allowance (Provision) For
Penurunan Nilai Atas Aset Keuangan Impairment Losses On Financial Assets
2023 2022
Surat-surat berharga (Catatan 7i) (33) 49 Marketable securities (Note 7i)
Kredit yang diberikan dan Loans and Sharia financing/
pembiayaan/piutang Syariah (5.466.917) (3.920.586) receivables
Tagihan akseptasi (1.402) (145) Acceptance receivables
Tagihan lainnya (69.440) (27.800) Other Receivable
Total (5.537.792) (3.948.482) Total
- 156 -
Page 642
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
33. Beban Umum Dan Administrasi 33. General And Administrative Expenses
Beban umum dan administrasi terdiri dari: General and administrative expenses consist of:
2023 2022
Perbaikan dan pemeliharaan 198.995 286.640 Repairs and maintenance
Penyusutan aset tetap Depreciation of fixed assets
(Catatan 13) 193.415 242.263 (Note 13)
Alih daya 151.973 187.256 Outsourcing
Sewa 130.118 106.838 Rent
Jasa profesional 108.739 102.116 Professional fees
Amortisasi piranti lunak Amortization of software
(Catatan 14) 67.175 6.412 (Note 14)
Komunikasi 62.006 79.926 Communications
Transportasi 35.290 35.803 Transportation
Interchange dan keanggotaan Card interchange and
kartu 28.426 22.126 membership
Listrik dan air 27.162 31.883 Electricity and water
Pendidikan dan pelatihan 26.192 13.072 Education and training
Iklan dan promosi 23.015 44.091 Advertising and promotion
Beban Bunga – Aset Sewa 15.795 11.040 Interest Expense – Lease
Transaksi ATM 11.750 1.082 ATM transactions
Perlengkapan kantor 10.982 16.749 Office supplies
Asuransi 5.835 6.185 Insurance
Representasi 4.499 5.994 Representation
Pengiriman uang 2.008 2.630 Cash delivery
Lain-lain 268.219 368.912 Others
Total 1.371.594 1.571.018 Total
Interchange kartu merupakan biaya yang timbul dari Card interchange is cost from the transaction of
transaksi kartu kredit dan debit dengan Visa credit and debit cards with Visa Electron and
Electron dan MasterCard. MasterCard.
Lain-lain meliputi biaya kegiatan karyawan, biaya Others consist of employees’ activities expense,
proses warkat kliring, biaya transaksi payment point, clearing process expenses, payment point
sumbangan dan hadiah dan lain-lain. transaction expenses, social contribution and gifts,
and others.
34. Beban Gaji dan Tunjangan Karyawan 34. Salaries and Employee Benefits Expenses
Beban gaji dan tunjangan karyawan terdiri dari: Salaries and employee benefits expenses consist of:
2023 2022
Salaries, incentives, and
Gaji, insentif, dan lembur 426.276 453.093 overtime payments
Tunjangan karyawan 240.938 217.756 Employee benefits
Asuransi Karyawan 50.254 41.636 Employee insurance
Dana Pensiun 43.921 31.683 Pension Benefits
Provision for post
Beban (penghasilan) imbalan employement and other
pasca-kerja dan jangka long-term benefits expense
panjang lainnya (Catatan 37) 48.587 (9.736) (Note 37)
Total 809.976 734.432 Total
Berikut ini adalah beban gaji dan tunjangan- Outlined below are salaries other benefits for the
tunjangan untuk pengurus dan pejabat eksekutif management and executive officers
(Catatan 38): (Note 38):
- 157 -
Page 643
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
34. Beban Gaji dan Tunjangan Karyawan (lanjutan) 34. Salaries and Employee Benefits Expenses
(continued)
2023 2022
Dewan Komisaris 5.757 5.208 Board of Commissioners
Direksi 16.625 12.403 Board of Directors
Lain-lain *) 34.310 33.389 Others *)
56.692 51.000
Pajak 10.768 8.227 Tax
Total 67.460 59.227 Total
*) Termasuk pejabat eksekutif, komite audit, dan lain- *) Including executive officers, audit committee, and
lain. others.
35. Pendapatan (Beban) Non-operasional - Neto 35. Non-operating Income (Expense) - Net
2023 2022
Keuntungan (kerugian) dari penjualan Gain (loss) on sale of fixed assets
aset tetap (Catatan 13) (5.700) 1.654 (Note 13)
Keuntungan (kerugian) dari penjualan Gain (loss) on sale of
agunan yang diambil alih (5.674) (24.680) foreclosed assets
Lain-lain - neto (116.811) (65.862) Others - net
Total (128.185) (88.888) Total
Lain-lain terdiri dari denda yang timbul dari transaksi Others consist of tax penalty, loan commitment
perpajakan, komitmen kredit dan lain-lain. penalty and others.
36. Informasi Segmen 36. Segment Information
a. Bidang usaha a. Business activities
Nama Perusahaan/Company Bidang Usaha/Business Activities
PT Bank KB Bukopin Tbk Perbankan konvensional/Conventional banking
PT Bank KB Bukopin Syariah Perbankan syariah/sharia Banking
PT KB Bukopin Finance Pembiayaan/Financing
b. Segmen operasi b. Business segment
Segmen operasi Operating segment
Untuk tahun-tahun yang berakhir pada tanggal For the years ended December 31, 2023 and
31 Desember 2023 dan 2022, tidak terdapat 2022 there are no interest incomes from
pendapatan bunga dari salah satu konsumen transactions with a single external customer
eksternal yang mencapai 10% atau lebih dari amounted to 10% or more of the Bank’s total
total pendapatan bunga dan syariah Bank. interest and sharia.
Berikut adalah informasi segmen usaha Grup Following is the Group business segment
berdasarkan segmen operasi: information by operating segment:
- 158 -
Page 644
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
36. Informasi Segmen (lanjutan) 36. Segment Information (continued)
b. Segmen operasi (lanjutan) b. Business segment (continued)
Segmen operasi Operating segment
(i) Pendapatan bunga dan syariah (i) Consolidated interest income and sharia
konsolidasian
2023 2022
% Rp % Rp
Perbankan
konvensional 89,70 4.355.568 89,37 3.677.797 Conventional banking
Pembiayaan 0,27 12.935 0,73 30.275 Financing
Syariah 10,03 486.942 9,90 407.257 Sharia
Total sebelum
eliminasi 100,00 4.855.445 100,00 4.115.329 Total before elimination
Eliminasi 6.191 13.341 Elimination
Pendapatan Bunga Consolidated interest
Konsolidasian 4.861.636 4.128.670 income
(ii) Rugi operasional konsolidasian (ii) Consolidated operating loss
2023 2022
% Rp % Rp
Perbankan
konvensional 91,41 (6.088.071) 98,51 (4.987.160) Conventional banking
Pembiayaan 0,26 (17.443) 0,03 (1.687) Financing
Syariah 8,33 (554.401) 1,46 (73.945) Sharia
Total sebelum
eliminasi 100,00 (6.659.915) 100,00 (5.062.792) Total before elimination
Eliminasi 713 6.024 Elimination
Rugi operasional Consolidated Operating
konsolidasian (6.659.202) (5.056.768) loss
(iii) Rugi bersih konsolidasian (iii) Consolidated net loss
2023 2022
% Rp % Rp
Perbankan
konvensional 90,99 (5.510.780) 98,58 (4.966.957) Conventional banking
Pembiayaan 0,31 (18.571) 0,06 (2.941) Financing
Syariah 8,70 (527.065) 1,36 (68.630) Sharia
Total sebelum eliminasi 100,00 (6.056.416) 100,00 (5.038.528) Total before elimination
Eliminasi 713 6.024 Elimination
Rugi bersih Consolidated
konsolidasian (6.055.703) (5.032.504) net loss
(iv) Total aset konsolidasian (iv) Total consolidated assets
2023 2022
% Rp % Rp
Perbankan
konvensional 90,39 78.842.594 91,93 84.703.740 Conventional banking
Pembiayaan 0,53 459.661 0,46 424.491 Financing
Syariah 9,08 7.920.474 7,61 7.013.225 Sharia
Total sebelum
eliminasi 100,00 87.222.729 100,00 92.141.456 Total before elimination
Eliminasi (2.915.429) (2.146.104) Elimination
Total aset konsolidasian 84.307.300 89.995.352 Total consolidated assets
- 159 -
Page 645
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
36. Informasi Segmen (lanjutan) 36. Segment Information (continued)
b. Segmen operasi (lanjutan) b. Business segment (continued)
Segmen operasi Operating segment
(v) Total liabilitas konsolidasian (v) Total consolidated liabilities
2023 2022
% Rp % Rp
Perbankan
konvensional 89,95 64.080.008 91,63 73.377.904 Conventional banking
Pembiayaan 0,01 10.277 0,38 299.351 Financing
Syariah 10,04 7.151.658 7,99 6.399.153 Sharia
Total sebelum
eliminasi 100,00 71.241.943 100,00 80.076.408 Total before elimination
Eliminasi (1.044.806) (1.297.661) Elimination
Total liabilitas Total consolidated
konsolidasian 70.197.137 78.778.747 liabilities
c. Segmen geografis c. Geographic segment
Berikut ini adalah informasi segmen usaha Following is the Group business segment
Grup berdasarkan daerah geografis: information by geographical area:
(i) Pendapatan bunga konsolidasian (i) Consolidated interest income
2023 2022
% Rp % Rp
Jabodetabek 69,65 3.381.976 61,44 2.528.513 Jabodetabek
Jawa selain Java other than
Jabodetabek 13,48 654.485 18,38 756.328 Jabodetabek
Sumatera 6,67 324.025 7,83 322.090 Sumatera
Kalimantan 1,87 90.653 2,30 94.924 Kalimantan
Lain-lain 8,33 404.306 10,05 413.474 Others
Total sebelum
eliminasi 100,00 4.855.445 100,00 4.115.329 Total before elimination
Eliminasi 6.191 13.341 Elimination
Pendapatan bunga Consolidated
konsolidasian 4.861.636 4.128.670 interest income
(ii) Rugi operasional konsolidasian (ii) Consolidated operating loss
2023 2022
% Rp % Rp
Jabodetabek 66,82 (4.450.328) 74,94 (3.794.169) Jabodetabek
Jawa selain Java other than
Jabodetabek 22,73 (1.513.717) 22,26 (1.127.194) Jabodetabek
Sumatera 3,99 (265.686) 1,09 (55.249) Sumatera
Kalimantan 1,33 (88.722) 3,66 (185.371) Kalimantan
Lain-lain 5,13 (341.468) (1,95) 99.191 Others
Total sebelum
eliminasi 100,00 (6.659.915) 100,00 (5.062.792) Total before elimination
Eliminasi 713 6.024 Elimination
Rugi operasional Consolidated operating
konsolidasian (6.659.202) (5.056.768) loss
- 160 -
Page 646
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
36. Informasi Segmen (lanjutan) 36. Segment Information (lanjutan)
c. Segmen geografis (lanjutan) c. Geographic segment (continued)
(iii) Rugi bersih konsolidasian (iii) Consolidated net loss
2023 2022
% Rp % Rp
Jabodetabek 67,17 (4.067.817) 81,65 (4.113.729) Jabodetabek
Jawa selain Java other than
Jabodetabek 22,29 (1.349.764) 15,95 (803.558) Jabodetabek
Sumatera 4,45 (269.318) 1,18 (59.267) Sumatera
Kalimantan 1,47 (88.786) 3,67 (185.592) Kalimantan
Lain-lain 4,62 (280.731) (2,45) 123.617 Others
Total sebelum eliminasi 100,00 (6.056.416) 100,00 (5.038.529) Total before elimination
Eliminasi 713 6.024 Elimination
Rugi bersih Consolidated
konsolidasian (6.055.703) (5.032.505) net loss
(iv) Total aset konsolidasian (iv) Total consolidated assets
2023 2022
% Rp % Rp
Jabodetabek 70,52 61.507.271 68,44 63.059.098 Jabodetabek
Jawa selain Java other than
Jabodetabek 12,95 11.298.679 15,36 14.157.351 Jabodetabek
Sumatera 6,66 5.807.490 6,64 6.122.616 Sumatera
Kalimantan 1,71 1.492.026 1,87 1.716.400 Kalimantan
Lain-lain 8,16 7.117.263 7,69 7.085.991 Others
Total sebelum eliminasi 100,00 87.222.729 100,00 92.141.456 Total before elimination
Eliminasi (2.915.429) (2.146.104) Elimination
Total aset konsolidasian 84.307.300 89.995.352 Total consolidated assets
(v) Total liabilitas konsolidasian (v) Total consolidated liabilities
2023 2022
% Rp % Rp
Jabodetabek 55,61 39.617.023 55,75 44.640.738 Jabodetabek
Jawa selain Java other than
Jabodetabek 19,89 14.171.176 22,50 18.023.304 Jabodetabek
Sumatera 8,78 6.251.866 8,40 6.724.622 Sumatera
Kalimantan 4,26 3.033.770 4,06 3.250.300 Kalimantan
Lain-lain 11,46 8.168.108 9,29 7.437.444 Others
Total sebelum eliminasi 100,00 71.241.943 100,00 80.076.408 Total before elimination
Eliminasi (1.044.806) (1.297.661) Elimination
Total liabilitas Total consolidated
konsolidasian 70.197.137 78.778.747 liabilities
- 161 -
Page 647
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
37. Kesejahteraan Karyawan 37. Employee Service Entitlements
Imbalan Pensiun Pension Benefits
Bank menyelenggarakan program pensiun iuran The Bank provides a defined contribution pension
pasti untuk karyawan yang diangkat menjadi plan for employees who become permanent
karyawan tetap sejak 1 April 2010. Keputusan employees since April 1, 2010. The decision has
tersebut telah disetujui oleh Dewan Direksi sesuai been approved by the Board of Directors in
dengan Surat Keputusan terbaru No. 1218 Tahun accordance with the latest Decree No. 1218 of 2013.
2013. Keputusan penyempurnaan program iuran The decision to improve the defined contribution
pasti disempurnakan kembali dengan Surat program was re-perfected with a Decree of Directors
Keputusan Direksi Adendum II SK No. 0961 Tahun Addendum II SK No. 0961 of 2016 that contribution
2016 bahwa pembayaran iuran program pensiun payments managed by Financial Institution Pension
iuran pasti inlkmi dikelola oleh Dana Pensiun Fund PT Bank KB Bukopin Tbk which has been
Lembaga Keuangan (DPLK) PT Bank KB Bukopin approved by the Financial Services Authority
Tbk yang telah disahkan oleh Otoritas Jasa Number KEP-32/NB.1/2016. This program applies to
Keuangan Nomor KEP-32/NB.1/2016. Program ini employee who is appointed as permanent
berlaku untuk karyawan yang diangkat sebagai employees from the effective date of the change to
karyawan tetap sejak tanggal efektif perubahan the defined benefit pension plan by the Financial
program pensiun Manfaat Pasti oleh Otoritas Jasa Services Authority. The program also applied for
Keuangan. Program ini juga berlaku untuk karyawan employee who previously was a member of the
yang sebelumnya merupakan peserta program defined benefit pension plan that has been
manfaat pasti yang telah dihentikan programnya terminated as mention above.
seperti yang disebutkan di atas.
Beban pensiun iuran pasti yang telah dibebankan Defined contribution pension expense that was
pada laba rugi untuk tahun yang berakhir pada charge to profit or loss as for the years ended
tanggal 31 Desember 2023 dan 2022 masing- December 31, 2023 and 2022 amounted to
masing sebesar Rp48.587 dan (Rp9.736). Rp48,587 and (Rp9,736), respectively.
Kesejahteraan Karyawan Employees’ Service Entitlements
Kesejahteraan karyawan meliputi uang jasa, uang Employees’ service entitlements consist of service
pisah, pesangon, tunjangan cuti besar dan payments, severance payments, termination
kompensasi lainnya, dikompensasikan dengan benefits, long leave benefits and other
imbalan pensiun. compensation, compensated with retirement
benefits.
Sejak tanggal 20 Desember 2013, Bank Starting December 20, 2013, the Bank provides
memberikan asuransi kesehatan pensiun kepada pension health insurance for employees and their
karyawan yang telah memasuki usia pensiun dan spouses during 2 (two) years after the employee’s
pasangannya selama 2 (dua) tahun setelah tanggal pension date. Insurance benefits are granted by
karyawan pensiun. Manfaat-manfaat asuransi reimbursement system to the employees.
diberikan melalui sistem penggantian kepada
karyawan.
Liabilitas Imbalan Pasca-Kerja Post-Employment Benefits Liability
Penyisihan untuk imbalan kerja karyawan sesuai Provision for employee benefits in accordance with
dengan Undang-Undang Cipta Kerja No. 11/2020 the Job Creation Law No. 11/2020 dated November
tanggal 2 November 2020. Penyisihan telah dibuat 2, 2020. Provision has been made in accordance
sesuai dengan PSAK 24 (revisi 2013) tentang with PSAK 24 (Revised 2013) regarding employee
Imbalan Kerja. Asumsi aktuarial dan metode yang benefits. The actuarial assumptions and methods
digunakan untuk mengukur liabilitas pasca kerja, used to measure post-employment liabilities,
beban dan liabilitas kerja karyawan telah memadai expenses, and employees' employment liabilities
dan disajikan menurut estimasi terbaik kami atas are adequate and are presented according to our
kondisi masa depan. best estimate of future conditions.
Perhitungan aktuaria atas liabilitas estimasi untuk The actuarial calculation of the estimated liability for
kesejahteraan karyawan Bank saja pada tanggal the welfare of the Bank's employees only as at
31 Desember 2023 didasarkan atas laporan dari December 31, 2023 was based on reports from
KKA I Gde Eka Sarmaja, FSAI dan Rekan, KKA I Gde Eka Sarmaja, FSAI and Co, dated
tertanggal 16 Mei 2024 dengan menggunakan May 16, 2024 using the Projected Unit Credit
metode Projected Unit Credit. method.
- 162 -
Page 648
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
37. Kesejahteraan Karyawan (lanjutan) 37. Employee Service Entitlements (continued)
Liabilitas Imbalan Pasca-Kerja (lanjutan) Post-Employment Benefits Liability (continued)
Perhitungan aktuaria atas liabilitas estimasi untuk The actuarial calculation for estimated employee
kesejahteraan karyawan KBBS pada tanggal service entitlement liabilities of KBBS as at
31 Desember 2023 didasarkan atas laporan dari December 31, 2023 was based on reports from
KKA I Gde Eka Sarmaja, FSAI dan Rekan KKA I Gde Eka Sarmaja, FSAI and Co dated
tertanggal 22 Maret 2024 dengan metode Projected March 22, 2024 using the Projected Unit Credit
Unit Credit. method.
Perhitungan aktuaria atas liabilitas estimasi untuk The actuarial calculation for estimated employee
kesejahteraan karyawan untuk KBBF pada tanggal service entitlement liabilities of KBBF as at
31 Desember 2023 didasarkan atas laporan dari December 31, 2023 was based on reports from
KKA I Gde Eka Sarmaja, FSAI dan Rekan KKA I Gde Eka Sarmaja, FSAI and Co dated
tertanggal 16 Mei 2024 dengan metode Projected May 16, 2024 using the Projected Unit Credit
Unit Credit. method.
Beban yang diakui dalam laporan laba rugi dan The expenses recognized in the statement of profit
penghasilan komprehensif lain adalah sebagai or loss and other comprehensive income were as
berikut: follows:
2023 2022
Beban jasa kini 13.861 13.255 Current service cost
Beban masa lalu (13.122) (8.840) Past service cost
Beban bunga 8.684 10.627 Interest expense
Kerugian atas penyelesaian 59.697 2.055 Losses on settlement
Pengakuan keuntungan aktuaria (20.533) (26.833) Actuarial gains
Total 48.587 (9.736) Total
Rekonsiliasi perubahan liabilitas selama tahun The movements of estimated post-employment
berjalan yang diakui di laporan posisi keuangan benefits liability in the consolidated statements of
konsolidasian adalah sebagai berikut: financial position were as follows:
2023 2022
Liabilitas pada awal tahun 127.787 172.927 Liability at beginning of the year
Penyisihan (Pembalikan) tahun Provision (reversal) during
berjalan (Catatan 34) 48.587 (9.736) the year (Note 34)
Pembayaran selama tahun berjalan (67.390) (9.668) Payment during the year
Jumlah yang diakui di penghasilan Total amount recognized in other
komprehensif lainnya (8.640) (25.736) comprehensive income
Liabilitas pada akhir tahun 100.344 127.787 Liability at the end of year
Mutasi nilai kini liabilitas imbalan kerja adalah The movements in the present value of liabilites for
sebagai berikut: employee benefits were follows:
2023 2022
Saldo pada awal tahun 127.787 172.927 Balance at beginning of year
Beban jasa kini 13.861 13.255 Current service cost
Beban masa lalu (13.122) (8.840) Past service cost
Beban bunga 8.684 10.627 Interest cost
Kerugian atas penyelesaian 59.698 2.055 Losses on settlement
Manfaat yang dibayarkan (67.390) (9.668) Benefit paid
Kerugian/(keuntungan) Actuarial (gains)/losses
pada kewajiban aktuari: on obligation:
Asumsi demografi 7.420 17.412 Demographic assumption
Experience adjustment (36.594) (69.981) Experience adjustment
Liabilitas pada akhir tahun 100.344 127.787 Liability at the end of year
- 163 -
Page 649
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
37. Kesejahteraan Karyawan (lanjutan) 37. Employee Service Entitlements (continued)
Liabilitas Imbalan Pasca-Kerja (lanjutan) Post-Employment Benefits Liability (continued)
Tabel berikut menunjukkan sensitivitas atas The following table demonstrates the sensitivity to a
kemungkinan perubahan tingkat diskonto dan reasonably possible change in discount rates and
tingkat kenaikan gaji sebesar 1%, dengan variabel salary increment rate amounting to 1%, with all other
lain dianggap tetap, terhadap nilai kini liabilitas variables held constant, of the present value of
imbalan kerja karyawan: employee benefits liability:
2023 2022
Tingkat diskonto Discount rate
Tingkat diskonto +1% (9.989) (11.795) Discount rate +1%
Tingkat diskonto -1% 11.720 13.819 Discount rate -1%
Tingkat kenaikan gaji Salary increment rate
Tingkat kenaikan gaji +1% 14.622 15.445 Salary increment rate +1%
Tingkat kenaikan gaji -1% (11.911) (13.081) Salary increment rate -1%
Analisis jatuh tempo yang diharapkan dari imbalan Expected maturity analysis of undiscounted post-
pasca-kerja yang tidak terdiskonto pada tanggal employment benefit as at December 31, 2023 and
31 Desember 2023 dan 2022 adalah sebagai 2022 are as follows:
berikut:
2023 2022
Dalam waktu 12 bulan berikutnya 3.756 13.360 Within the next 12 months
Antara 1 dan 5 tahun 15.603 35.030 Between 1 and 5 years
Antara 5 dan 10 tahun 56.052 86.962 Between 5 and 10 years
Di atas 10 tahun 501.731 934.101 Beyond 10 years
Total 577.142 1.069.453 Total
Asumsi-asumsi yang digunakan dalam perhitungan The assumptions used in actuarial calculation for the
aktuaria untuk Tahun dan tahun yang berakhir pada Year and year ended December 31, 2023 and
tanggal 31 Desember 2023 dan 2022, adalah December 31, 2022 are as follows:
sebagai berikut:
2023 2022
Entitas Anak/ Entitas Anak/
Bank Subsidiaries Bank Subsidiaries
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto 6,50% per tahun/ 6,50% per tahun/ 7,00% per tahun/ 6,75-7,00% per tahun/ Discount rate
6.50% per annum 6.50% per annum 7.00% per annum 6.75-7.00% per annum
Tingkat rata-rata kenaikan 5,00% per tahun/ 5,00% per tahun/ 5,00% per tahun/ 5,00% per tahun/ Average salary increase
penghasilan 5.00% per annum 5.00% per annum 5.00% per annum 5.00% per annum/ rate
Tingkat kenaikan harga 7,00% per tahun/ - 7,00% per tahun/ - Gold price increase rate
emas 7.00% per annum - 7,00% per tahun/ -
Asumsi lainnya: Other assumptions:
Usia pensiun normal 56 tahun/ 56 tahun/ 56 tahun/ 56 tahun/ Normal retirement age
56 years 56 years 56 years 56 years
Tingkat kematian Tabel TM IV- 2019/ Tabel TM IV- 2019/ Tabel TM IV- 2019/ Tabel TM IV- 2019/ Mortality rate
TM IV - 2019 Table TM IV - 2019 Table TM IV - 2019 Table TM IV - 2019 Table
Tingkat kecacatan 10% dari TM IV-2019/ 10% dari TM IV-2019/ 10% dari TM IV-2019/ 10% dari TM IV-2019/ Disability rate
10% from TM IV-2019 10% from TM IV-2019 10% from TM IV-2019 10% from TM IV-2019
Tingkat pengunduran diri 4% pertahun sampai 4% pertahun sampai 4% pertahun sampai 4% pertahun sampai Resignation rate
usia 30 tahun usia 30 tahun usia 30 tahun usia 30 tahun
kemudian menurun kemudian menurun kemudian menurun kemudian menurun
linear menjadi 0,1% linear menjadi 0,1% linear menjadi 0,1% linear menjadi 0,1%
pertahun di usia pertahun di usia pertahun di usia pertahun di usia
49 tahun dan 49 tahun dan 49 tahun dan 49 tahun dan
1% pertahun untuk 1% pertahun untuk 1% pertahun untuk 1% pertahun untuk
usia 50 sampai usia 50 sampai usia 50 sampai usia 50 sampai
usia 54/ usia 54/ usia 54/ usia 54/
4% up to 4% up to 4% up to 4% up to
age 30 and age 30 and age 30 and age 30 and
decreasing decreasing decreasing decreasing
linearly 0.1% linearly 0.1% linearly 0.1% linearly 0.1%
up to age 49 up to age 49 up to age 49 up to age 49
decreasing decreasing decreasing decreasing
linearly 1% linearly 1% linearly 1% linearly 1%
ages 50 to 54 ages 50 to 54 ages 50 to 54 ages 50 to 54
- 164 -
Page 650
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
37. Kesejahteraan Karyawan (lanjutan) 37. Employee Service Entitlements (continued)
Liabilitas Imbalan Pasca-Kerja Lainnya Other Post-Employment Benefits Liability
Pada tahun 2021, Bank melaksanakan Program In 2021, the Bank implemented G-Pro Program.
G-Pro. Program ini merupakan Program Penawaran This program is a Voluntary Termination of
Pengakhiran Hubungan Kerja secara Sukarela Employment Offer Program as part of a strategy to
sebagai bagian dari strategi peningkatan pelayanan improve services to customers. This program is a
kepada nasabah. Program ini merupakan program program for all employees, anyone can participate
bagi semua karyawan, semua dapat berpartisipasi, regardless of years of services or age, and they are
tidak dibatasi oleh masa kerja dan usia, dan bahkan even better compensated. This program will be
mendapat kompensasi lebih baik. Program ini generalized in 2021 and implemented in early 2022,
diumumkan pada tahun 2021 dan direalisasikan di with liabilities by the Bank for the year ending
awal tahun 2022 dengan liabilitas yang dicadangkan December 31, 2023 and 2022 amounted to
oleh Bank untuk tahun yang berakhir pada Rp98,113, and Rp208,513, respectively. Payment
31 Desember 2023 dan 2022 masing-masing for this program has been completed in September
sebesar Rp98.113 dan Rp208.513. Pembayaran 2022.
untuk program ini sudah diselesaikan pada bulan
September 2022.
38. Transaksi Dan Saldo Dengan Pihak-Pihak 38. Transactions And Balances With Related Parties
Berelasi
Dalam menjalankan kegiatan usahanya, Grup In the normal course of business, the Group entered
melakukan transaksi-transaksi tertentu dengan into certain transactions with related parties.
pihak-pihak berelasi.
2023 2022
Giro pada Bank lain Current account in other Bank
KB Kookmin Bank (Catatan 5) 6.377 75.647 KB Kookmin Bank (Note 5)
Kredit yang diberikan
dan pembiayaan/ Loans and Sharia financing/
piutang Syariah - bruto (Catatan 9l): receivables - gross (Note 9l):
PT KB Finansia Multi Finance 499.791 250.000 PT KB Finansia Multi Finance
PT Sunindo KB Finance 119.988 120.000 PT Sunindo KB Finance
PT Haka Sarana Investama - 121.048 PT Haka Sarana Investama
PT Dalle Mineral Papua - 55.309 PT Dalle Mineral Papua
Dinasti Batubara Indonesia - 46.278 Dinasti Batubara Indonesia
PT Bosowa Amal Taksi - 28.891 PT Bosowa Amal Taksi
PT Bosowa Utama - 27.519 PT Bosowa Utama
PT Mallomo - 27.012 PT Mallomo
PT Bosowa Berlian Motor - 26.081 PT Bosowa Berlian Motor
Kopelindo Infrastruktur Indonesia - 15.934 Kopelindo Infrastruktur Indonesia
PT Makassar Capital - 7.369 PT Makassar Capital
PT Kurnia Oryza Abadi - 4.878 PT Kurnia Oryza Abadi
PT Gerin Surya Gemilang - 3.348 PT Gerin Surya Gemilang
PT Bosowa Tambang Indonesia - 32 PT Bosowa Tambang Indonesia
Direksi, Dewan Komisaris, Directors, Commissioners, Sharia
Dewan Pengawas Syariah, Supervisory Board, and
dan Pejabat Eksekutif 20.867 27.634 Executive Officers
Total aset untuk pihak berelasi 647.023 836.980 Total related parties assets
Persentase terhadap total aset 0,77% 0,93% Percentage to total assets
- 165 -
Page 651
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
38. Transaksi Dan Saldo dengan Pihak-Pihak 38. Transactions And Balances with Related Parties
Berelasi (lanjutan) (continued)
2023 2022
Liabilitas Liabilities
Simpanan dari bank lain (Catatan 20) 7.699.413 10.121.907 Deposit from other banks (Note 20)
Pinjaman yang diterima (Catatan 23) 6.544.886 6.533.582 Borrowing (Note 23)
Dana pensiun Bank KB Bukopin 61.700 51.700 KB Bukopin Bank pension fund
Deposito berjangka (Catatan 19) 40.311 55.847 Time deposits (Note 19)
Tabungan (Catatan 18) 18.491 9.870 Savings deposits (Note 18)
Giro (Catatan 17) 9.094 260.318 Demand deposits (Note 17)
Total liabilitas untuk pihak berelasi 14.373.895 17.033.224 Total related parties liabilities
Persentase terhadap total liabilitas 20,48% 21,62% Percentage to total liabilities
Pendapatan bunga dan syariah Interest and sharia income
dari pihak berelasi 22.592 13.157 from related parties
Persentase terhadap pendapatan Percentage to total interest
bunga dan syariah 0,46% 0,32% and sharia income
Pendapatan operasional lainnya Other operating income
Pendapatan dan komisi lainnya Other fees and commission
dari pihak berelasi - 255 from related parties
Persentase terhadap
pendapatan operasional Percentage to other
lainnya 0,00% 0,05% operating income
Interest expense
Beban bunga dan syariah and sharia charges
dari pihak berelasi 899 7.253 from related parties
Persentase terhadap beban Percentage to total interest
bunga dan Syariah 0,02% 0,24% and Sharia income
Beban operasional lainnya Other operating expenses
Gaji dan tunjangan karyawan, Salaries and benefits for
pengurus, dan pejabat employees, management and
eksekutif (Catatan 34) 67.460 59.227 executive officer (Note 34)
Persentase terhadap Percentage to other
Beban operasional lainnya 2,74% 2,44% operating expenses
Hubungan dengan pihak berelasi adalah sebagai The relationships with related parties are as follows:
berikut:
Sifat dari hubungan/Nature of Relationship Pihak berelasi/Related parties
Pemegang saham pengendali/Controlling Shareholder KB Kookmin Bank Co., Ltd
Dikendalikan/dibawah pengaruh signifikan salah satu PT Haka Sarana Investama
pemegang saham utama Bank/ Kopelindo Infrastruktur Indonesia
Controlled by/under significant influence of PT Bosowa Berlian Motor
one of major shareholder PT Bosowa Amal Taksi
PT Mallomo
PT Bosowa Utama
PT Makassar Capital
PT Bosowa Tambang Indonesia
PT KB Finansial Multi Finance
PT Sunindo KB Finance
PT Kurnia Oryza Abadi
PT Dalle Mineral Papua
- 166 -
Page 652
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
38. Transaksi Dan Saldo Dengan Pihak-Pihak 38. Transactions And Balances With Related Parties
Berelasi (lanjutan) (continued)
Sifat dari hubungan/Nature of Relationship Pihak berelasi/Related parties
Dikendalikan oleh keluarga terdekat dari
manajemen/Controlled by a close
member of the management’s family
Manajemen kunci yang sama/Same key management Dinasti Batubara Indonesia
PT Gerin Surya Gemilang
Dana pensiun Bank/The Bank’s pension fund Dana Pensiun Bank KB Bukopin
Manajemen dan karyawan kunci/ Direksi, Dewan Komisaris, Dewan Pengawas Syariah,
Management and key employees dan Pejabat Eksekutif/Board of Directors,
Board of Commissioners, Sharia Supervisory Board,
and Executive Officers
39. Komitmen Dan Kontinjensi 39. Commitments And Contingencies
Bank memiliki komitmen dan kontinjensi sebagai The Bank has commitments and contingencies as
berikut: follows:
2023 2022
Komitmen Commitments
Tagihan Komitmen Commitments Receivables
Pembelian spot dan derivatif Outstanding spot and derivative
yang masih berjalan 595.903 1.242.120 purchased
Liabilitas Komitmen Commitments Liabilities
Fasilitas kredit yang diberikan
dan pembiayaan/piutang Unused loans and Sharia
syariah yang belum digunakan (4.822.935) (4.215.885) financing/receivable facilities
SKBDN yang masih berjalan - (52.283) Outstanding SKBDN
L/C yang tidak dapat dibatalkan
yang masih berjalan Outstanding irrevocable L/C
pihak ketiga (88.205) (11.744) third parties
Penjualan spot dan derivatif Outstanding spot and
yang masih berjalan (971.552) (818.770) derivative sold
Total Liabilitas Komitmen (5.882.692) (5.098.682) Total Commitments Liabilities
Total Komitmen - Neto (5.286.789) (3.856.562) Total Commitments - Net
Kontinjensi Contingencies
Tagihan Kontinjensi Contigent Receivables
Pendapatan bunga dalam Interest Income on
penyelesaian 4.038.667 4.066.581 non-performing loans
Liabilitas Kontinjensi Contingent Liablities
Bank garansi Bank Guarantees
Pihak ketiga (1.337.709) (3.161.179) Third Parties
Total Liabilitas Kontinjensi (1.337.709) (3.161.179) Total Contingent Liabilities
Total Kontinjensi - Neto 2.700.958 905.402 Total Contingencies - Net
Liabilitas Komitmen dan Commitments and Contingent
Kontinjensi - Neto (2.585.831) (2.951.160) Liabilities - Net
- 167 -
Page 653
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko 40. Risk Management
Bank senantiasa memperhatikan upaya untuk Bank continuously make some efforts to improve
meningkatkan kesadaran risiko (risk awareness) risk awareness and strengthen risk culture at all
dan memperkuat budaya risiko (risk culture) bagi levels of employees, in order to implement risk
seluruh jenjang karyawan Bank, agar dapat management properly and thoroughly in daily
menerapkan pengelolaan risiko dengan baik dan banking activities. Therefore, Bank seeks to
secara menyeluruh dalam aktivitas perbankan implement an effective and comprehensive risk
sehari-hari. Oleh karena itu, Bank berupaya management as an important aspect of the Bank in
menerapkan manajemen risiko yang efektif dan managing the various risks faced by the Bank.
komprehensif sebagai aspek penting bagi Bank
dalam pengelolaan berbagai risiko yang dihadapi
Bank.
Pengelolaan risiko yang baik dan efektif menjadi An effective and good risk management is one of
salah satu faktor penting atas keberhasilan Bank the important factors for the success of the Bank in
dalam menjalankan strategi dan upaya carrying out strategies and efforts to improve
meningkatkan kinerja. Pengelolaan tersebut performance. The management aims to protect the
bertujuan untuk melindungi Bank dari kerugian yang Bank from losses that may arise as a result of its
mungkin timbul diakibatkan dari berbagai various activities, as well as to maintain the level of
aktivitasnya, serta menjaga tingkat risiko agar risk in accordance with the business strategy and
sesuai dengan strategi bisnis dan arahan yang telah directives that have been announced. Therefore, the
dicanangkan. Karena itu, Bank menjaga Bank maintains a balance between risks and
keseimbangan antara risiko dan manfaat agar benefits in order to generate long-term value growth
menghasilkan pertumbuhan nilai jangka bagi for shareholders.
pemegang saham.
Manajemen risiko mempunyai peranan penting Risk management has an important role in
dalam pengelolaan risiko Bank dan bersifat proaktif managing the Bank's risk and is proactive and
serta forward looking dalam mendukung forward looking in supporting the Bank's growth and
pertumbuhan dan kegiatan bisnis Bank secara business activities in a sustainable manner. Risk in
berkelanjutan. Risiko dalam konteks perbankan the banking context is a potential event, both
merupakan suatu potensi kejadian, baik yang expected and unexpected, which has a negative
diperkirakan (expected) maupun yang tidak impact on the bank's income and capital.
diperkirakan (unexpected) yang berdampak negatif
terhadap pendapatan dan permodalan bank.
Dalam penerapan manajemen risiko, Bank In the implementation of risk management, Bank
berpedoman pada Peraturan Otoritas Jasa refers to Financial Services Authority Regulation
Keuangan No.18/POJK.03/2016 dan Surat Edaran No.18/POJK.03/2016 and Circular Letter No. 34/
No. 34/SEOJK.03/2016 tentang Penerapan SEOJK.03/2016 concerning the Implementation of
Manajemen Risiko Bagi Bank Umum serta Risk Management for Commercial Banks and OJK
Peraturan OJK No. 38/POJK.03/2017 tentang Regulation No.38/POJK.03/2017 concerning the
Penerapan Manajemen Risiko secara Konsolidasi Implementation of Consolidated Risk Management
bagi Bank yang Melakukan Pengendalian terhadap for Banks that control subsidiaries.
entitas anak.
Organisasi manajemen risiko Bank melibatkan The organization of the risk management of the
pengawasan dari Dewan Komisaris dan Direksi. Bank involves oversight from the Board of
Commissioners and Directors.
Bank memiliki Komite Pemantau Risiko sebagai The Risk Oversight Committee is a highest risk
komite risiko tertinggi di tingkat Dewan Komisaris committee at the Board of Commissioners’ level that
yang bertanggung jawab untuk memberikan responsible to oversight the implementation of risk
pengawasan atas pelaksanaan strategi dan management strategies and policies and evaluate
kebijakan manajemen risiko serta mengevaluasi the implementation of duties of the Risk
pelaksanaan tugas Komite Manajemen Risiko dan Management Committee and risk management
satuan kerja manajemen risiko Bank. working unit in the Bank.
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Page 654
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Dewan Komisaris mendelegasikan wewenang The Board of Commissioners delegate authority to
kepada Direksi untuk mengimplementasikan strategi the Directors to implement the risk management
manajemen risiko. Komite Manajemen Risiko strategy. The Risk Management Committee is
dibentuk pada tingkat Direksi dan bertanggungjawab established at the Directors’ level and is responsible
untuk memberikan rekomendasi kepada Direktur in providing recommendation to the President
Utama dalam mengembangkan strategi dan Director to develop the risk management strategy
kebijakan manajemen risiko, mengelola risiko and policy, manage overall risk in the Bank, and
secara keseluruhan di Bank, serta perbaikan atas improve the implementation of strategies, policies
pelaksanaan strategi, kebijakan dan evaluasi atas and evaluate significant risk issues. The Risk
permasalahan risiko yang signifikan. Komite Management Committee is chaired by the President
Manajemen Risiko diketuai oleh Direktur Utama. Director.
Dalam melaksanakan tugas tersebut, Direksi dan In carrying out these tasks, Directors and Board of
Dewan Komisaris didukung oleh satuan kerja Commissioners are supported by an independent
manajemen risiko yang independen dan secara risk management work unit, which clearly separated
jelas terlepas dari semua bisnis dan tidak memiliki with no reporting line or responsibility to business.
tanggung jawab terhadap bisnis.
Proses manajemen risiko meliputi identifikasi, The risk management process includes identifying,
pengukuran, pemantauan dan pengendalian measuring, monitoring and controlling risks in all
terhadap risiko yang melekat pada seluruh produk products and activities of the Bank.
dan aktivitas Bank.
Penilaian dan pengukuran eksposur risiko (dampak Assessment and measurement of risk exposures
potensial dari suatu kejadian risiko) harus objektif, (the potential impact of risk events) must be
konsisten dan mengacu pada hal yang spesifik. objective, consistent and context specific.
Kualitas dari informasi risiko memegang peranan The quality of risk information plays an important
penting dalam menentukan kualitas bisnis. role in determining the quality of business.
Bank menjalankan proses identifikasi, pengukuran, Bank runs a risk identification, measurement,
pemantauan dan pengendalian risiko serta Sistem monitoring and control process as well as a Risk
Informasi Manajemen Risiko melalui fungsi kerja Management Information System through the Risk
Risk sebagai Lini Pertahanan Kedua, dimana Group as the second line of defense, that
bertanggungjawab untuk menyusun dan melakukan responsible for establishing and conducting periodic
kaju ulang secara berkala atas berbagai kebijakan reviews of various risk management policies, limit,
limit, dan perangkat manajemen risiko. Fungsi kerja and tools. Risk Group also plays a role in monitoring
Risk juga berperan dalam melakukan pemantauan and providing recommendation to the First Line of
dan memberikan rekomendasi kepada Lini Defense on the implementation of risk management
Pertahanan Pertama atas pelaksanaan manajemen carried out by each working unit. This includes
risiko yang dilakukan oleh masing-masing unit kerja. reporting on the overall risk of the Bank to the Board
Hal ini termasuk dalam hal melakukan pelaporan of Commissioners and the Directors on a regular
atas risiko Bank secara keseluruhan kepada Dewan basis.
Komisaris dan Direksi secara berkala.
Untuk menyesuaikan dengan perkembangan usaha To adapt to business developments that are in line
yang sejalan dengan rencana bisnis bank, maka with the bank's business plan, Bank continuously
Bank secara terus menerus melakukan pemantauan conducts periodic risk monitoring and
risiko secara berkala serta pengendalian internal comprehensive internal controls to the policies,
yang komprehensif dari sisi kebijakan, prosedur, procedures, and limit setting. This is reinforced by
maupun penetapan limit. Hal ini diperkuat dengan the internalization of applicable external regulations,
adanya internalisasi atas ketentuan eksternal yang among others related to the establishment of basic
berlaku, antara lain terkait dengan penetapan risk management policies and risk appetite.
kebijakan dasar manajemen risiko dan risk appetite.
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Page 655
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risk appetite Bank diartikan sebagai tingkat dan Bank's risk appetite is the level and type of risk
jenis risiko yang bersedia diambil oleh Bank dalam that Bank is willing to take in order to achieve the
rangka mencapai sasaran Bank. Dimana tingkat Banks’s objectives. The level of risk to be taken is
risiko yang akan diambil tercermin dalam strategi reflected in the strategy and objectives of the
dan sasaran bisnis. business.
Sesuai dengan Kebijakan Manajemen Risiko, Bank In accordance with the Risk Management Policy,
mengelola 8 (delapan) tipe risiko utama yaitu risiko Bank manages 8 (eight) main types of risk, namely
kredit, risiko pasar, risiko likuiditas, risiko credit risk, market risk, liquidity risk, operational risk,
operasional, risiko hukum, risiko reputasi, risiko legal risk, reputation risk, strategic risk, and
stratejik dan risiko kepatuhan. compliance risk.
Profil Risiko Risk Profile
Laporan profil risiko merupakan salah satu faktor The risk profile report is one of the factors in the
dalam penilaian tingkat kesehatan Bank. Bank wajib assessment of the Bank's soundness level. Banks
menyampaikan laporan tersebut secara individual are required to submit these reports individually and
dan konsolidasi disampaikan kepada OJK secara the consolidated reports are submitted to the OJK
triwulanan (posisi Maret, Juni, September dan on a quarterly basis (positions in March, June,
Desember). Laporan profil risiko disusun secara September, and December). The risk profile report
self-assessment sebagaimana diatur dalam Surat is prepared by self-assessment as stipulated in the
Edaran OJK No. 14/SEOJK.03/2017 tanggal OJK Circular Letter No. 14/SEOJK.03/2017 dated
17 Maret 2017 perihal Penilaian Tingkat Kesehatan March 17, 2017 concerning Assessment of
Bank Umum. Commercial Bank Soundness Level.
Penilaian profil risiko terdiri dari menjadi penilaian The risk profile assessment consists of assessment
risiko inheren dan penilaian Kualitas Penerapan of inherent risk assessment and assessment of the
Manajemen Risiko (KPMR). Quality of Risk Management Implementation
(QRMI).
Penilaian Risiko Inheren merupakan penilaian atas Inherent Risk Assessment is an assessment of the
risiko yang melekat pada kegiatan bisnis Bank, baik risks inherent in the Bank's business activities, both
yang dapat dikuantifikasikan maupun yang tidak, quantifiable and non-quantifiable, that have the
yang berpotensi memengaruhi posisi keuangan potential to affect the Bank's financial position.
Bank.
Karakteristik risiko inheren Bank ditentukan oleh The Bank's inherent risk characteristics are
faktor internal maupun eksternal, antara lain strategi determined by internal and external factors,
bisnis, karakteristik bisnis, kompleksitas produk dan including business strategy, business
aktivitas Bank, industri di mana Bank melakukan characteristics, complexity of the Bank's products
kegiatan usaha, serta kondisi makroekonomi. and activities, the industry in which the Bank
conducts business, as well as macroeconomic
conditions.
Penilaian atas Risiko Inheren dilakukan dengan Assessment of Inherent Risk is carried out by taking
memperhatikan parameter/indikator yang bersifat into account quantitative and qualitative
kuantitatif maupun kualitatif. Penetapan tingkat parameters/indicators. The determination of the
risiko inheren atas masing-masing jenis Risiko level of inherent risk for each type of risk refers to
mengacu pada prinsip-prinsip umum penilaian the general principles of assessing the Soundness
Tingkat Kesehatan Bank Umum. Penetapan tingkat of Commercial Banks. The determination of the level
risiko inheren untuk masing-masing jenis risiko of inherent risk for each type of risk is categorized
dikategorikan ke dalam peringkat 1 (low), peringkat into rank 1 (low), rank 2 (low to moderate), rank 3
2 (low to moderate), peringkat 3 (moderate), (moderate), rank 4 (moderate to high), and rank 5
peringkat 4 (moderate to high) dan peringkat 5 (high).
(high).
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Page 656
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Profil Risiko (lanjutan) Risk Profile (continued)
Penilaian kualitas Penerapan Manajemen Risiko Assessment of the quality of Risk Management
mencerminkan penilaian terhadap kecukupan Implementation reflects an assessment of the
system pengendalian risiko yang mencakup seluruh adequacy of the risk control system covering all
pilar penerapan Manajemen Risiko sebagaimana pillars of Risk Management implementation as
yang diatur dalam ketentuan Otoritas Jasa stipulated in the provisions of the Financial Services
Keuangan (OJK). Penilaian kualitas penerapan Authority (OJK). Assessment of the quality of Risk
Manajemen Risiko merupakan penilaian terhadap Management Implementation is an assessment of
4 (empat) aspek yang saling berkaitan, yaitu: 4 (four) interrelated aspects, namely:
1. Tata Kelola Risiko; 1. Risk Governance;
2. Kerangka Manajemen Risiko; 2. Risk Management Framework;
3. Proses Manajemen Risiko, Kecukupan Sumber 3. Risk Management Process, Adequacy of
Daya Manusia dan Kecukupan Sistem Informasi Human Resources and Adequacy of
Manajemen; dan Management Information Systems; and
4. Kecukupan Sistem Pengendalian Risiko, dengan 4. Adequacy of the Risk Control System, taking
memperhatikan karakteristik dan kompleksitas into account the characteristics and complexity
usaha Bank. of the Bank's business.
Dari hasil penilaian laporan profil risiko (self Based on quarterly risk profile report (self
assessment) yang disampaikan kepada OJK, untuk assessment) submitted to OJK for December 2023
posisi Desember 2023, peringkat risiko komposit position, The Bank's composite risk is rated at 2
Bank yaitu Peringkat 2 (low to moderate). (low to moderate).
Selain menyampaikan laporan profil risiko, Bank In addition to submitting risk profile reports, the Bank
juga menyampaikan laporan keuangan grup dengan also submits financial group reports with
entitas anak yang dilaporkan secara semesteran subsidiaries which are reported on a semi-annual
sebagai bentuk pemantauan rutin entitas utama basis as a form of routine monitoring of the main
terhadap entitas anak. entity to subsidiaries.
Risiko Kredit Credit Risk
Risiko kredit adalah risiko kerugian akibat kegagalan Credit risk is the risk of loss due to the failure of
pihak lain dalam memenuhi kewajibannya. other parties to fulfill their obligations.
Risiko kredit dapat bersumber dari berbagai aktivitas Credit risk can be sourced from various business
bisnis Bank. Pada sebagian besar Bank, pemberian activities of the Bank. In most banks, lending is the
kredit merupakan sumber risiko kredit yang biggest source of credit risk. In addition to credit, the
terbesar. Selain kredit, Bank menghadapi risiko Bank faces credit risk from various financial
kredit dari berbagai instrumen keuangan seperti instruments such as securities, acceptances, inter-
surat berharga, akseptasi, transaksi antar Bank, bank transactions, trade finance transactions,
transaksi pembiayaan perdagangan, transaksi nilai exchange rate transactions and derivatives as well
tukar dan derivatif serta kewajiban komitmen dan as commitments and contingencies liabilities.
kontinjensi.
Eksposur risiko kredit juga dapat meningkat karena Credit risk exposure may also increase due to the
adanya konsentrasi kredit pada debitur, wilayah concentration of credit on debtors, geographic
geografis, produk, jenis pembiayaan atau lapangan areas, products, types of financing or certain
usaha tertentu. Tujuan dari pengelolaan risiko kredit business sector. The purpose of credit risk
adalah mengendalikan dan mengelola eksposur management is to control and manage credit risk
risiko kredit dalam tingkatan yang dapat diterima. exposure at an acceptable level.
Dalam peningkatan aspek kehati-hatian dalam In increasing the prudential aspect in managing
pengelolaan risiko kredit, Bank telah menetapkan credit risk, the Bank has organizational structure that
struktur organisasi yang telah menggambarkan has clearly described the separation between the
secara jelas pemisahan antara fungsi lini functions of the first line of defense, second line of
pertahanan pertama, lini pertahanan kedua dan lini defense, and third line of defense.
pertahanan ketiga.
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Page 657
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Bank memiliki kebijakan dan prosedur dalam The Bank has policies and procedures in providing
pemberian kredit kepada nasabah Wholesale, SME loans to Wholesale, SME and Retail customers, as
dan Retail, serta kebijakan dan prosedur dalam well as policies and procedures for interbank
rangka penempatan antar bank maupun kegiatan placements and trade finance activities. The policies
trade finance. Kebijakan dan pedoman terkait and guidelines related to credit are reviewed and
perkreditan tersebut dikaji dan disempurnakan improved periodically in accordance with the
secara berkala sesuai dengan ketentuan Regulator, provisions of the Regulator, other External
Peraturan Eksternal lainnya, serta perubahan bisnis. Regulations, and business changes.
Bank melakukan evaluasi atas tingkat risiko kredit The Bank evaluates the credit risk level related to
terkait pemberian fasilitas kepada debitur atau financing to customers or projects by considering
proyek, dengan mempertimbangkan berbagai faktor, various factors, among others:
antara lain:
i. Historis dan proyeksi kondisi keuangan, i. Historical and projected financial condition,
termasuk laporan posisi keuangan, laba rugi including statement of financial position, income
dan arus kas nasabah; statements, and cash flows of customers;
ii. Riwayat hubungan kredit; ii. Credit history;
iii. Kualitas, kinerja dan pengalaman dari iii. Quality, performance, and experience of the
pengelolaan nasabah; customers’ management;
iv. Posisi nasabah dalam persaingan di industri iv. Customers’ competitive position in the similar
sejenis; dan industries and
v. Kondisi ekonomi secara umum. v. General economic condition.
Proses persetujuan fasilitas kredit dilakukan The credit facility approval process is carried out
berdasarkan prinsip bahwa setiap fasilitas harus based on the principle that each facility must be
diproses melalui Komite Kredit. Pengambilan processed through the Credit Committee. Decision
keputusan dalam komite kredit telah making in the credit committee has prioritized the
mengedepankan prinsip kehati-hatian dimana untuk principle of prudence where for the Wholesale and
segmen Wholesale dan SME, fungsi Bisnis dan SME segments, the Business function and the
fungsi Kredit memiliki memiliki hak suara yang sama Credit function have the same voting rights in
dalam pengambilan keputusan kredit. Sedangkan making credit decisions. Meanwhile, for the Retail
untuk segmen Retail pengambilan keputusan kredit segment, credit decisions are made by the credit
dilakukan oleh fungsi kredit. function.
Dalam pengelolaan mitigasi risiko kredit, Bank telah In managing credit risk mitigation, the Bank has
menggunakan credit rating baik untuk segmen SME used credit ratings for the SME and Wholesale
dan Wholesale yang dibangun pada sistem khusus, segments which are built on a spesific system,
dimana Bank terus melakukan upaya yang where the Bank continues to make the necessary
diperlukan untuk penyempurnaan sistem tersebut. efforts to improve the system.
Selanjutnya dalam hal mendukung proses kredit Furthermore, in terms of supporting the Retail credit
Retail, Bank menggunakan aplikasi teknologi process, the Bank also uses information technology
informasi yaitu Sistem Informasi Kredit Mikro (SIKM) applications, namely the Micro Credit Information
yang didalamnya terdapat credit scoring untuk System (SIKM), which includes credit scoring to
memperkuat proses analisa pemberian kredit retail. strengthen the retail credit analysis process.
Berdasarkan Pedoman Komite Kredit dan Ketentuan Based on the Credit Committee Guideline and
Limit Kewenangan Komite Kredit, tugas lembaga Credit Limit Authority Provision, the duties of the
Komite Kredit paling sedikit meliputi hal-hal sebagai Credit Committee at least include the following:
berikut:
i. Memberikan persetujuan atau penolakan kredit i. Approve or reject credit of financing in
atau pembiayaan sesuai dengan batas accordance with the limits of authority or type of
wewenang atau jenis kredit atau pembiayaan credit or financing set by the directors;
yang ditetapkan oleh direksi;
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PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
ii. Melakukan koordinasi dengan Assets and ii. Coordinating with the Assets and Liabilities
Liabilities Committee (ALCO) dalam aspek Committee (ALCO) in the aspect of Credit or
pendanaan Kredit atau Pembiayaan. Dalam hal Financing funding. In the event that ALCO does
ALCO belum ada, komite Kredit harus not yet exist, the Credit Committee must
melakukan evaluasi atas aspek pendanaan evaluate the aspects of credit or financing
kredit atau pembiayaan tersebut dan secara funding and periodically report in writing to the
berkala melaporkan secara tertulis kepada board of directors;
direksi;
iii. Memahami aspek legal/hukum, aspek iii. Understand legal aspects, business aspects,
bisnis/usaha, aspek keuangan dan aspek financial aspects and fairness aspects of the credit
kewajaran dari kredit yang dikomitekan; dan that are discussed in the committee; and
iv. Bila diperlukan dapat melakukan koordinasi iv. If necessary, it can coordinate with
dengan unit/fungsi didalam Bank terkait dengan units/functions within the Bank regarding their
kompetensinya. competence.
Bank mengimplementasikan berbagai model sesuai The Bank has implemented various models to fulfill
dengan standar regulasi Bank Indonesia maupun the Bank Indonesia regulation standard or
best practice internasional. Bank mengembangkan international best practices. The Bank has
model secara mandiri atau bekerjasama dengan developed the models independently or by entering
pihak ketiga. into an agreement with third parties.
Untuk menjaga agar kualitas kredit tetap terjaga, To maintain credit quality, the Bank has carried out
Bank telah melakukan pemantauan rutin dan regular and consistent monitoring for each type of
konsisten baik untuk setiap jenis kredit (Komersial, credit (Commercial, SME, Consumer) and the
SME, Konsumer) maupun portofolio kredit secara overall loan portfolio through the Portfolio Quality
keseluruhan melalui Portfolio Quality Review (PQR) Review (PQR) which is held monthly together with
yang diselenggarakan tiap bulan bersama dengan the relevant directors. In addition, the Bank also
direktur terkait. Selain itu, Bank juga melakukan monitors new debtors, particularly through vintage
monitoring debitur baru khususnya melalui Analisa analysis based on collectability movements and
vintage yang berbasis pada pregerakan day past due.
kolektabilitas dan day past due.
Dalam rangka mengurangi eksposur risiko kredit To reduce non-performing credit risk exposure,
yang bermasalah dilakukan langkah penyehatan credit restructuring measures are taken, including
kredit antara lain melalui restruktur, atau among others through restructuring, or credit
penyelesaian kredit melalui pengambil alihan settlement through taking over guarantees to
jaminan hingga pelaksanaan hapus buku. Proses carrying out write-offs. The process of managing
pengelolaan kredit bermasalah diatur dalam non-performing loans is regulated in special policies.
kebijakan yang bersifat khusus. Selain itu Bank Moreover the Bank has strengthened its special
telah memperkuat fungsi khusus untuk pengelolaan function in order to managing the credit restructuring
atas penyehatan dan penyelesaian kredit and settlement through Special Asset Management
bermasalah yaitu melalui Special Asset led by SEVP which oversees several Division and
Management yang dipimpin oleh SEVP yang Department.
membawahkan beberapa Divisi dan Departemen.
Untuk mengetahui ketahanan Bank dalam To understand the Bank's resilience in facing a
menghadapi suatu skenario kejadian ekstrim tetapi scenario of extreme events that may occur, the
mungkin terjadi, Bank melakukan stress test secara Bank conducts stress tests regularly as part of
berkala sehingga dapat melakukan antisipasi lebih early anticipation effort. As an effort of the Bank in
awal. Sebagai upaya Bank dalam mengidentifikasi identifying and measuring the impact of
dan mengukur dampak pelemahan makroekonomi macroeconomic weakness due to COVID-19
akibat pandemi COVID-19 terhadap kualitas aset pandemic on asset quality and capital resilience,
dan ketahanan permodalan, Bank telah melakukan the Bank has conducted stress testing and has
stress testing dan telah disampaikan kepada Direksi been submitted to Board of Directors and
dan regulator. regulator.
- 173 -
Page 659
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Kredit (lanjutan) Credit Risk (continued)
Untuk memperkuat pengendalian risiko kredit, Bank To strengthen credit risk control, the Bank applies
menerapkan manajemen risiko tidak hanya pada risk management not only to risk taking units but
risk taking unit namun juga pada unit kerja also to supporting work units such as Credit Analyst
pendukung seperti fungsi Analis Kredit dan fungsi functions and Quality Assurance functions. The
Quality Assurance. Fungsi analis kredit yaitu function of the credit analyst is to analyze the loan
melakukan analisis terhadap proposal pengajuan application proposals, while the function of Quality
kredit sementara fungsi Quality Assurance dan Assurance and Credit Examination is to ensure that
Credit Examination yaitu memastikan pelaksanaan the implementation of risk management in the risk
manajemen risiko di risk taking unit terutama yang taking unit, especially those related to credit, has
berkaitan dengan kredit telah berjalan sebagaimana been running properly.
mestinya.
Bank juga telah mengembangkan fungsi Credit The Bank also developed a Credit Examination
Examination yang berperan sebagai lini pertahanan function, which acts as a second line of defense in
kedua di risiko kredit yang melakukan pemeriksaan credit risk, which conducts independent credit
kredit (post-fact) secara independen terhadap examination (post-fact) on the entire Bank's loan
seluruh portofolio kredit Bank baik pada Wholesale, portfolio on Wholesale, SME and Retail segments.
SME, dan Retail. Pemeriksaan dilakukan untuk The examination aims to ensure that the Bank's
memastikan portofolio kredit Bank dijalankan sesuai credit portfolio is carried out in accordance with risk
prinsip manajemen risiko dan telah memenuhi management principles and has complied with all
seluruh ketentuan perkreditan baik internal maupun credit provisions, both internal and external.
eksternal.
Penerapan prinsip kehati-hatian harus dilakukan The application of precautionary principle must be
secara efektif pada setiap jenis penyediaan dana carried out effectively in every type of fund provision
dan sejak awal proses kredit. Terkait dengan hal and from the beginning of the loan process. In this
tersebut, Bank melakukan pemisahan fungsi analis regard, the Bank separates the functions of credit
kredit dalam proses pengambilan keputusan kredit analysts in the credit decision making process with
dengan adanya pemisahan Account Officer Sales the separation of Account Officer Sales and Account
dan Account Officer Analyst. Sejalan dengan hal Officers Analysts. In line with this, changes have
tersebut, telah dilakukan perubahan atas Pedoman been made to the Credit Risk Management
Manajemen Risiko Kredit sebagai upaya untuk Guidelines as an effort to increase understanding
meningkatkan pemahaman dan kesadaran akan and awareness of risks for all parties involved in the
risiko bagi semua pihak yang terlibat dalam proses credit process. These provisions and procedures are
kredit. Ketentuan dan prosedur ini merupakan an integral part of the Bank's risk management
bagian yang tidak terpisahkan dari kebijakan policy.
manajemen risiko Bank.
Selain itu, Bank terus berupaya meningkatkan In addition, the Bank continues to increase risk
kesadaran risiko (risk awareness) pada seluruh awareness among all Bank employees.
karyawan Bank.
a. Risiko kredit maksimum a. Maximum credit risk
Dalam aset keuangan yang diakui di laporan For financial assets recognized in the
posisi keuangan konsolidasian, eksposur consolidated statements of financial position,
maksimum terhadap risiko kredit sama dengan the maximum exposure to credit risk generally
nilai tercatatnya. Untuk bank garansi yang equals their carrying amount. For bank
diterbitkan dan fasilitas Letter of Credit (L/C) guarantees and irrevocable Letters of Credit
atau SKBDN yang tidak dapat dibatalkan, issued or SKBDN, the maximum exposure to
eksposur maksimum terhadap risiko kredit credit risk is the maximum amount that the
adalah nilai yang harus dibayarkan oleh Bank Bank would have to pay if the obligations of
jika kewajiban atas bank garansi yang the bank guarantees and irrevocable Letters
diterbitkan dan fasilitas L/C atau SKBDN yang of Credit issued or SKBDN are called upon.
tidak dapat dibatalkan terjadi atau terealisasi. For credit commitments, the maximum
Untuk komitmen kredit, eksposur maksimum exposure to credit risk is the full amount of the
atas risiko kredit adalah sebesar jumlah fasilitas unused committed loan facilities granted to
yang belum ditarik dari nilai penuh fasilitas customers.
kredit yang telah disepakati (committed) kepada
nasabah.
- 174 -
Page 660
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
a. Risiko kredit maksimum (lanjutan) a. Maximum credit risk (continued)
Tabel berikut menyajikan eksposur maksimum The following table presents the maximum
terhadap risiko kredit untuk instrumen exposure to credit risk of on-balance sheet
keuangan pada laporan posisi keuangan financial instruments and off-balance sheet
(on-balance sheet) dan rekening administratif accounts, without taking into account any
(off-balance sheet), tanpa memperhitungkan collateral held or other credit enhancement:
agunan yang dimiliki atau perlindungan kredit
lainnya:
2023 2022
Laporan Posisi Keuangan Consolidated Statement
Konsolidasian of Financial Position
Current accounts with
Giro pada Bank Indonesia 3.205.619 4.140.431 Bank Indonesia
Giro pada bank lain 342.581 743.970 Current accounts with other banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 2.133.567 12.180.830 and other banks
Surat-surat berharga: Marketable securities:
Diukur pada nilai wajar melalui Fair value through
melalui laba rugi 5.322.930 3.362.099 profit and loss
Diukur pada nilai wajar melalui Fair value through other
penghasilan komprehensif lain 3.067.387 588.835 comprehensive income
Diukur pada biaya perolehan Measured at
amortisasi 9.145.823 8.058.944 amortized cost
Tagihan surat-surat berharga yang Marketable securities purchased with
dibeli dengan janji dijual kembali 2.572.152 - agreement to resell
Tagihan derivatif 3.040 9.254 Derivative receivables
Kredit yang diberikan dan Loans and sharia financing/
pembiayaan/piutang syariah 45.835.782 48.956.758 receivables
Tagihan akseptasi 130.964 17.135 Acceptances receivable
Penyertaan saham 15 15 Investments in shares
Aset lain-lain 1.272.119 807.707 Other assets
Rekening Administratif Administrative Accounts
Fasilitas kredit yang diberikan Unused loans
dan pembiayaan/piutang and sharia financing/
syariah yang belum digunakan 4.822.935 4.215.885 receivables facilities
L/C dan SKBDN yang
masih berjalan dan Outstanding irrevocable L/C
tidak dapat dibatalkan 88.205 64.027 and domestic L/C
Bank garansi yang diterbitkan 1.337.709 3.161.179 Bank guarantees issued
Total 79.280.828 86.307.069 Total
b. Risiko konsentrasi kredit b. Credit concentration risk
Konsentrasi risiko kredit berdasarkan geografis Concentration of credit risk by geography
Risiko konsentrasi kredit timbul ketika sejumlah Concentrations of credit risk arise when a
nasabah bergerak dalam aktivitas usaha yang number of customers are engaged in similar
sejenis atau memiliki kegiatan usaha dalam business activities or activities within the same
wilayah geografis yang sama, atau memiliki geographic region, or when they have similar
karakteristik sejenis. characteristics.
Bank mendorong adanya diversifikasi dari The bank encourages the diversifications of its
portofolio kreditnya pada berbagai geografis credit portfolio among a variety of geographic
dan sektor industri, mencerminkan profil risiko areas and industries, reflecting a well-balanced
yang seimbang dan sehat dan untuk fokus pada and healthy risk profile, and to focus marketing
upaya pemasaran terhadap industri dan efforts toward potential industries and
nasabah yang potensial untuk meminimalisir customers in order to minimize the credit risk.
risiko kredit. Bank telah menetapkan limit The Bank has sets its industry concentration
konsentrasi industri yang menentukan limit based on industry risk level, projection of
berdasarkan tingkat risiko sektor industri, loan growth and availability of capital.
proyeksi pertumbuhan kredit dan juga
ketersediaan modal.
- 175 -
Page 661
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
Konsentrasi risiko kredit berdasarkan geografis Concentration of credit risk by geography
Risiko konsentrasi kredit timbul ketika sejumlah Concentrations of credit risk arise when a
nasabah bergerak dalam aktivitas usaha yang number of customers are engaged in similar
sejenis atau memiliki kegiatan usaha dalam business activities or activities within the same
wilayah geografis yang sama, atau memiliki geographic region, or when they have similar
karakteristik sejenis. characteristics.
Bank mendorong adanya diversifikasi dari The bank encourages the diversifications of its
portofolio kreditnya pada berbagai geografis credit portfolio among a variety of geographic
dan sektor industri, mencerminkan profil risiko areas and industries, reflecting a well-balanced
yang seimbang dan sehat dan untuk fokus pada and healthy risk profile, and to focus marketing
upaya pemasaran terhadap industri dan efforts toward potential industries and
nasabah yang potensial untuk meminimalisir customers in order to minimize the credit risk.
risiko kredit. Bank telah menetapkan limit The Bank has sets its industry concentration
konsentrasi industri yang menentukan limit based on industry risk level, projection of
berdasarkan tingkat risiko sektor industri, loan growth and availability of capital.
proyeksi pertumbuhan kredit dan juga
ketersediaan modal.
Diversifikasi portofolio kredit didasarkan The extent of diversification is based on the
rencana strategi bank, sektor target, kondisi Bank’s strategic plan, target sectors, current
ekonomi saat ini, kebijakan pemerintah, sumber economic conditions, government policy,
pendanaan dan proyeksi pertumbuhan. funding sources and growth projections.
Pada tanggal 31 Desember 2023 dan As at December 31, 2023 and 2022, the
2022, pengungkapan risiko kredit maksimum disclosure on the maximum credit risk by
berdasarkan konsentrasi sebelum concentration without taking into account any
memperhitungkan agunan yang dimiliki dan collateral held and master netting agreement is
perjanjian master netting adalah sebagai as follow:
berikut:
2023
Jawa Selain
Jabotabek/
Java Other
than Lain-Lain/
Jabotabek Jabotabek Sumatera Kalimantan Others Total
Laporan Posisi
Keuangan Consolidated Statement
Konsolidasian of Financial Position
Giro pada Bank Current accounts with
Indonesia 3.205.619 - - - - 3.205.619 Bank Indonesia
Current accounts
Giro pada bank lain 342.567 6 8 - - 342.581 with other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 2.133.567 - - - - 2.133.567 Indonesia and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 5.322.930 - - - - 5.322.930 profit and loss
Diukur pada nilai wajar
melalui penghasilan Fair value through other
komprehensif lain 3.067.387 - - - - 3.067.387 comprehensive income
Diukur pada biaya
perolehan Measured at
Amortisasi 9.145.823 - - - - 9.145.823 Amortized cost
Tagihan surat-surat berharga
yang dibeli dengan janji Marketable securities sold with
dijual kembali 2.572.152 - - - - 2.572.152 agreement to ressell receivable
Tagihan derivatif 3.040 - - - - 3.040 Derivative receivables
Kredit yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah 28.781.905 8.418.724 3.263.034 1.087.484 4.284.635 45.835.782 financing/receivables
Tagihan akseptasi 130.964 - - - - 130.964 Acceptances receivable
Penyertaan saham 15 - - - - 15 Investments in shares
Aset lain-lain 1.223.039 23.767 9.342 1.901 14.070 1.272.119 Other assets
- 176 -
Page 662
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
2023
Jawa Selain
Jabotabek/
Java Other
than Lain-Lain/
Jabotabek Jabotabek Sumatera Kalimantan Others Total
Rekening Administratif Administrative Accounts
Fasilitas kredit yang
diberikan dan
pembiayaan/ Unused loans
piutang syariah and sharia financing/
yang belum digunakan 4.558.701 111.418 114.932 25.336 12.548 4.822.935 receivables facilities
L/C dan SKBDN yang
masih berjalan dan Outstanding irrevocable L/C
tidak dapat dibatalkan 85.649 2.556 - - - 88.205 and domestic L/C
Bank garansi yang
diterbitkan 1.023.828 233.912 20.989 16.169 42.811 1.337.709 Bank guarantees issued
Total 61.597.186 8.790.383 3.408.305 1.130.890 4.354.064 79.280.828 Total
2022
Jawa Selain
Jabotabek/
Java Other
than Lain-Lain/
Jabotabek Jabotabek Sumatera Kalimantan Others Total
Laporan Posisi
Keuangan Consolidated Statement
Konsolidasian of Financial Position
Giro pada Bank Current accounts with
Indonesia 4.140.431 - - - - 4.140.431 Bank Indonesia
Current accounts
Giro pada bank lain 743.069 15 54 - 832 743.970 with other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 12.180.830 - - - - 12.180.830 Indonesia and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 3.362.099 - - - - 3.362.099 profit and loss
Diukur pada nilai wajar
melalui penghasilan Fair value through other
komprehensif lain 588.835 - - - - 588.835 comprehensive income
Diukur pada biaya
perolehan Measured at
Amortisasi 8.058.944 - - - - 8.058.944 Amortized cost
Tagihan derivatif 9.254 - - - - 9.254 Derivative receivables
Kredit yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah 29.880.480 9.672.817 3.478.565 1.096.378 4.828.518 48.956.758 financing/receivables
Tagihan akseptasi 17.135 - - - - 17.135 Acceptances receivable
Penyertaan saham 15 - - - - 15 Investments in shares
Aset lain-lain 763.347 21.984 7.418 2.346 12.612 807.707 Other assets
Rekening Administratif Administrative Accounts
Fasilitas kredit yang
diberikan dan
pembiayaan/ Unused loans
piutang syariah and sharia financing/
yang belum digunakan 3.838.707 192.102 99.476 25.692 59.908 4.215.885 receivables facilities
L/C dan SKBDN yang
masih berjalan dan Outstanding irrevocable L/C
tidak dapat dibatalkan 64.027 - - - - 64.027 and domestic L/C
Bank garansi yang
diterbitkan 2.220.230 492.676 190.030 10.401 247.842 3.161.179 Bank guarantees issued
Total 65.867.403 10.379.594 3.775.543 1.134.817 5.149.712 86.307.069 Total
- 177 -
Page 663
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
b. Risiko konsentrasi kredit (lanjutan) b. Credit concentration risk (continued)
Konsentrasi risiko kredit berdasarkan industri Concentration of credit risk by industry
2023
Keuangan/ Pemerintah/ Konsumsi/ Perdagangan/ Konstruksi/ Manufaktur/ Lain-Lain/
Financial Government Consumers Trade Construction Manufacturing Other Total
Laporan Posisi Consolidated
Keuangan Statement of
Konsolidasian Financial Position
Giro pada Bank Current accounts with
Indonesia 3.205.619 - - - - - - 3.205.619 Bank Indonesia
Giro pada bank Current accounts
lain 342.581 - - - - - - 342.581 with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 2.133.567 - - - - - - 2.133.567 and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 5.322.917 13 - - - - - 5.322.930 profit and loss
Diukur pada nilai Fair value
wajar melalui through other
penghasilan comprehensive
komprehensif lain - 3.067.387 - - - - - 3.067.387 income
Diukur pada biaya
perolehan Measured at
diamortisasi 1.573.646 7.572.177 - - - - - 9.145.823 amortized cost
Surat-surat Marketable securities
berharga yang dibeli purchased with
dengan janji agreement
dijual kembali - 2.572.152 - - - - - 2.572.152 to resell
Tagihan derivatif 3.040 - - - - - - 3.040 Derivative receivables
Kredit yang diberikan Loans and sharia
dan pembiayaan/ financing/
piutang syariah 15.863 - 11.520.707 14.451.355 4.563.046 5.494.925 9.789.886 45.835.782 receivables
Acceptances
Tagihan akseptasi - - - - - 130.964 - 130.964 receivable
Penyertaan saham 15 - - - - - - 15 Investment in shares
Aset lain-lain 289.254 - 68.963 523.095 179.578 203.345 7.884 1.272.119 Other assets
Rekening Administratif Administrative accounts
Fasilitas kredit
yang diberikan dan Unused loans and
pembiayaan/piutang Sharia financing/
syariah yang receivable
belum digunakan 11 - 2.807.181 792.861 244.359 247.389 731.134 4.822.935 facilities
L/C dan SKBDN yang
masih berjalan dan Outstanding
tidak dapat irrevocable L/C
dibatalkan - - - - 88.205 - - 88.205 and domestic L/C
Bank garansi yang Bank guarantees
diterbitkan - - - - 1.337.709 - - 1.337.709 issued
Total 12.886.513 13.211.729 14.396.851 15.767.311 6.412.897 6.076.623 10.528.904 79.280.828 Total
2022
Keuangan/ Pemerintah/ Konsumsi/ Perdagangan/ Konstruksi/ Manufaktur/ Lain-Lain/
Financial Government Consumers Trade Construction Manufacturing Other Total
Laporan Posisi Consolidated
Keuangan Statement of
Konsolidasian Financial Position
Giro pada Bank Current accounts with
Indonesia 4.140.431 - - - - - - 4.140.431 Bank Indonesia
Giro pada bank Current accounts
lain 743.970 - - - - - - 743.970 with other banks
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain 12.180.830 - - - - - - 12.180.830 and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 3.362.099 - - - - - - 3.362.099 profit and loss
Diukur pada nilai Fair value
wajar melalui through other
penghasilan comprehensive
komprehensif lain 10.125 578.710 - - - - - 588.835 income
Diukur pada biaya
perolehan Measured at
diamortisasi 125.798 7.933.146 - - - - - 8.058.944 amortized cost
Tagihan derivatif 9.254 - - - - - - 9.254 Derivative receivables
Kredit yang diberikan Loans and sharia
dan pembiayaan/ financing/
piutang syariah 269.342 16 13.566.056 1.343.569 304.909 1.904.918 31.567.948 48.956.758 receivables
Acceptances
Tagihan akseptasi - - - - - 17.135 - 17.135 receivable
Penyertaan saham 15 - - - - - - 15 Investment in shares
Aset lain-lain 37.127 - 6.737 23.576 24.451 12.538 703.278 807.707 Other assets
Rekening Administratif Administrative accounts
Fasilitas kredit
yang diberikan dan Unused loans and
pembiayaan/piutang Sharia financing/
syariah yang receivable
belum digunakan 1.206.477 - 2.801.388 - - 178.148 29.872 4.215.885 facilities
L/C dan SKBDN yang
masih berjalan dan Outstanding
tidak dapat irrevocable L/C
dibatalkan - - - - 63.835 192 - 64.027 and domestic L/C
Bank garansi yang Bank guarantees
diterbitkan 10.448 - - - 18.580 2.803.855 328.296 3.161.179 issued
Total 22.095.916 8.511.872 16.374.181 1.367.145 411.775 4.916.786 32.629.394 86.307.069 Total
- 178 -
Page 664
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
c. Agunan dan perlindungan kredit lainnya c. Collateral and other credit enhancements
Bank menerapkan kebijakan untuk memitigasi The Bank implements policies to mitigate credit
risiko kredit, antara lain dengan meminta agunan risk, among others, by asking for collateral as
sebagai jaminan pelunasan kredit jika jaminan guarantee for repayment of credit if the
berupa sumber pembayaran utama debitur collateral is the main source of payment of the
berdasarkan arus kas tidak terpenuhi. Bank debtor based on cash flow is not fulffiled. The
dapat menerima beragam jenis agunan yang Bank can accept various types of collateral
diatur oleh kebijakan mitigasi risiko. Nilai agunan that are regulated by risk mitigation policies.
ditentukan berdasarkan hasil penilaian pada saat The collateral value is determined based on
kredit diberikan dan ditinjau ulang secara berkala the results of the appraisal at the time the
dan konsisten. credit is given and is regularly and consistently
reviewed.
Untuk kredit yang diberikan, Bank menggunakan For the loans, Bank uses the collateral to
agunan untuk meminimalkan risiko kredit. minimize the credit risk. Loans in Bank are
Berdasarkan klasifikasi, kredit Bank dapat classified into two major categories as follows:
dibedakan menjadi dua kelompok besar, yaitu:
1. Secured loans 1. Secured loans
2. Unsecured loans 2. Unsecured loans
Untuk Secured loans, Bank menetapkan jenis For secured loans, Bank determined the type
dan nilai agunan yang dijaminkan sesuai skema and value of collateral according to the loan
kredit. Jenis dari agunan terdiri dari: scheme. Types of collateral are as follows:
a. Physical collateral, antara lain tanah, a. Physical collateral, such as land, buildings
bangunan dan BPKB kendaraan bermotor; and proof of vehicle ownership;
b. Cash collateral, antara lain simpanan b. Cash collateral, such as deposits (savings,
(tabungan, giro dan deposito berjangka), current accounts, time deposit), gold,
emas, financial collateral (surat berharga); financial collateral (securities); and
dan
c. Lainnya, antara lain garansi, jaminan c. Others, such as guarantees, government
pemerintah, dan jaminan dari Lembaga guarantees, and guarantees from
penjamin. guarantee/insurance institution.
Agunan merupakan sumber terakhir pelunasan Collateral is a second source of credit
kredit (secondary source of credit repayment) repayment and also as a form of credit risk
dan sebagai salah satu bentuk mitigasi risiko mitigation. The primary source of credit
kredit. Sumber utama pelunasan kredit berasal repayment is the funds generated from
dari hasil usaha dan hasil analisa kemampuan business operations and capability analysis the
debitur. borrowers.
d. Kualitas aset keuangan d. Quality of financial assets
Kualitas aset keuangan dikelola oleh Bank The financial assets quality is managed by the
dengan menggunakan panduan dari Otoritas Bank using the guidance from Financial
Jasa Keuangan dan diungkapkan pada Catatan Services Authority and disclosed in Notes 4, 5,
4, 5, 6, 7, 8, 9, 10, 11 dan 12 atas laporan 6, 7, 8, 9, 10, 11, and 12 to the consolidated
keuangan konsolidasian. financial statements.
- 179 -
Page 665
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
d. Kualitas aset keuangan (lanjutan) d. Quality of financial assets (continued)
Bank memiliki kebijakan terkait tingkat risiko Bank has policy related to risk appetite and risk
yang akan diambil (risk appetite) dan toleransi tolerance to maintain risk rating over all
risiko (risk tolerance) untuk mempertahankan financial asset portfolios accurately and
peringkat risiko di seluruh portofolio aset consistently, therefore the Bank will focused on
keuangan secara akurat dan konsisten, sehingga the risks with certain rating and the comparison
Bank fokus atas risiko dengan peringkat tertentu of credit exposures across all business lines,
dan perbandingan eksposur kredit di seluruh lini geographic regions, and products. The rating
bisnis, daerah geografis dan produk. Sistem system is supported by a various financial
peringkat ini didukung oleh berbagai analisis analytics, combined with processed market
keuangan, dikombinasikan dengan informasi information to provide the main inputs of
pasar sebagai masukan utama untuk counterparty risk measurement. The risk rating
pengukuran risiko pihak lawan (counterparty). is adjusted to various categories and is
Peringkat risiko disesuaikan dengan berbagai determined in accordance with the Bank
kategori dan ditentukan sesuai dengan panduan Indonesia rating guidelines which are assessed
peringkat Bank Indonesia yang dinilai dan and updated regularly.
diperbaharui secara berkala.
e. Evaluasi penurunan nilai e. Impairment assessment
Di samping itu, Bank telah menerapkan PSAK Moreover, Bank has implemented PSAK 71 in
71 dalam perhitungan Cadangan Kerugian calculating Allowance for Impairment Losses
Penurunan Nilai (CKPN) terutama dalam (CKPN) especially in the calculation of
perhitungan Probability of Default (PD) dan Loss Probability of Default (PD) and Loss Given
Given Default (LGD). Default (LGD).
Metodologi perhitungan CKPN dikelompokkan CKPN Calculation methodology grouped into 2
ke dalam 2 (dua) kategori, yaitu kolektif dan categories, those are collective and individual.
individual. Metode penurunan nilai ini digunakan This method used to calculate CKPN for
untuk menghitung CKPN fasilitas kredit yang significant and non-significant loan. Minimum
terkait dengan significant loan dan non- criteria that describe significant and non-
significant loan. Minimum kriteria yang termasuk significant loan refers to Bank’s Financial Asset
dalam kategori significant loan dan non- Impairment Policy.
significant loan mengacu kepada Pedoman
Penurunan Nilai Aset Keuangan Bank.
Tabel berikut ini menyajikan aset keuangan The following table presents the financial assets
(tidak termasuk tagihan dari cabang-cabang lain) (not include due from other branches), based
berdasarkan staging dan peringkat kredit pada on stage and credit grading as of
tanggal 31 Desember 2023 dan 2022 adalah December 31, 2023 and 2022 are as follows:
sebagai berikut:
2023
Penempatan
pada Bank
Giro Indonesia
pada Bank Giro pada dan bank- Aset
Indonesia/ bank lain/ bank lain/ keuangan
Current Current Placements Tagihan Penyertaan lainnya/
Accounts accounts with Bank akseptasi/ Kredit yang Saham/ Other
with Bank with other Indonesia and Efek-efek/ Acceptance diberikan/ Investments financial
Indonesia banks other banks Securities receivables Loans in Shares assets Jumlah/ Total
Aset keuangan Financial
dengan biaya assets at
perolehan amortized
diamortisasi cost
Stage 1 3.205.619 342.881 2.133.567 9.145.932 132.577 40.965.293 15 1.531.016 57.456.900 Stage 1
Stage 2 - - - - - 3.940.999 - - 3.940.999 Stage 2
Stage 3 - - - - - 4.512.324 - - 4.512.324 Stage 3
3.205.619 342.881 2.133.567 9.145.932 132.577 49.418.616 15 1.531.016 65.910.223
Aset keuangan Financial assets -
- nilai wajar fair value
melalui through other
penghasilan comprehensive
komprehensif lain income
Stage 1 - - - 3.067.387 - - - - 3.067.387 Stage 1
- 180 -
Page 666
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
2023
Penempatan
pada Bank
Giro Indonesia
pada Bank Giro pada dan bank- Aset
Indonesia/ bank lain/ bank lain/ keuangan
Current Current Placements Tagihan Penyertaan lainnya/
Accounts accounts with Bank akseptasi/ Kredit yang Saham/ Other
with Bank with other Indonesia and Efek-efek/ Acceptance diberikan/ Investments financial
Indonesia banks other banks Securities receivables Loans in Shares assets Jumlah/ Total
Financial
Aset keuangan assets - fair
- nilai wajar value through
melalui laba rugi profit or loss
Stage 1 - - - 5.322.930 - - - - 5.322.930 Stage 1
Jumlah aset Total financial
keuangan 3.205.619 342.881 2.133.567 17.536.249 132.577 49.418.616 15 1.531.016 74.300.540 assets
Cadangan Allowance
kerugian for impairment
penurunan nilai losses
Stage 1 - 300 - 109 1.613 911.306 - 51.597 913.328 Stage 1
Stage 2 - - - - - 496.517 - - 496.517 Stage 2
Stage 3 - - - - - 2.175.011 - - 2.226.608 Stage 3
Jumlah cadangan Total allowance
kerugian for impairment
penurunan nilai - 300 - 109 1.613 3.582.834 - 51.597 3.636.453 losses
Jumlah – bersih 3.205.619 342.581 2.133.567 17.536.140 130.964 45.835.782 15 1.479.419 70.664.087 Total - net
2022
Penempatan
pada Bank
Giro Indonesia
pada Bank Giro pada dan bank- Aset
Indonesia/ bank lain/ bank lain/ keuangan
Current Current Placements Tagihan Penyertaan lainnya/
Accounts accounts with Bank akseptasi/ Kredit yang Saham/ Other
with Bank with other Indonesia and Efek-efek/ Acceptance diberikan/ Investments financial
Indonesia banks other banks Securities receivables Loans in Shares assets Jumlah/ Total
Aset keuangan Financial
dengan biaya assets at
perolehan amortized
diamortisasi cost
Stage 1 4.140.431 744.059 12.180.830 8.059.020 17.346 45.503.113 15 893.939 71.538.753 Stage 1
Stage 2 - - - - - 1.634.341 - - 1.634.341 Stage 2
Stage 3 - - - - - 3.445.980 - - 3.445.980 Stage 3
4.140.431 744.059 12.180.830 8.059.020 17.346 50.583.434 15 893.939 76.619.074
Aset keuangan Financial assets -
- nilai wajar fair value
melalui through other
penghasilan comprehensive
komprehensif lain income
Stage 1 - - - 588.835 - - - - 588.835 Stage 1
588.835 588.835
Financial
Aset keuangan assets - fair
- nilai wajar value through
melalui laba rugi profit or loss
Stage 1 - - - 3.362.099 - - - - 3.362.099 Stage 1
Jumlah aset Total financial
keuangan 4.140.431 744.059 12.180.830 12.009.954 17.346 50.583.434 15 893.939 80.570.008 assets
Cadangan Allowance
kerugian for impairment
penurunan nilai losses
Stage 1 - 89 - 76 211 535.853 - 3.001 539.230 Stage 1
Stage 2 - - - - - 104.609 - - 104.609 Stage 2
Stage 3 - - - - - 986.214 - - 986.214 Stage 3
Jumlah cadangan Total allowance
kerugian for impairment
penurunan nilai - 89 - 76 211 1.626.676 - 3.001 1.630.053 losses
Jumlah – bersih 4.140.431 743.970 12.180.830 12.009.878 17.135 48.956.758 15 890.938 78.939.955 Total - net
- 181 -
Page 667
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Notes To The Consolidated
Konsolidasian Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (continued)
Dalam menentukan kualitas kredit berdasarkan In determining credit quality by client segment
segmen nasabah, untuk portofolio Komersial, for Commercial, SME and Consumer banking
UMKM dan Konsumer, eksposur dianalisis portfolios. Exposures are analyzed by credit
berdasarkan peringkat risiko kredit yang grade which plays a central role in the quality
memainkan peranan utama dalam penilaian assessment and monitoring of risk. All loans are
kualitas dan pengawasan risiko. Semua kredit assigned a credit grade which is reviewed
diberikan peringkat risiko kredit yang ditelaah periodically and amended in light of changes in
ulang secara sistematis dan diubah berdasarkan the borrower’s circumstances or behavior.
Credit grading is classified based on
perubahan keadaan atau perilaku debitur. Risiko
collectibility and Day Past Due (DPD). In case
kredit diklasifikasi berdasarkan kolektibilitas dan
of loans with collectibility 1 and collectibility 2
lama tunggakan (DPD). Adapun kredit dengan with DPD less than 30 days are classified on
kolektibilitas 1 dan kolektibilitas 2 dengan DPD stage 1. Loans with collectibility 2 with DPD
kurang dari sama dengan 30 hari diklasifikasikan more than 31 days up to less than 90 days days
pada stage 1. Kredit dengan kolektibilitas 2 are classified on stage 2. While loans with
dengan DPD lebih dari sama dengan 31 hari collectibility 3, 4 and 5 are classified on stage 3.
sampai dengan kurang dari sama dengan 90
hari diklasifikasikan pada stage 2. Sementara
kredit dengan kolektibilitas 3, 4 dan 5
diklasifikasikan pada stage 3.
- 182 -
Page 668
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Figures are presented in million Rupiah, unless otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (lanjutan)
Tabel berikut adalah instrumen aset keuangan (tidak termasuk tagihan dari This table shows financial assets instruments (not include due from other
cabang-cabang lain) berdasarkan stage dengan jumlah cadangan kerugian branches) by stage with the allowance for impairment losses against each
penurunan nilai untuk setiap instrumen dengan klasifikasi biaya perolehan financial instruments under classification of amortized cost and fair value through
diamortisasi dan nilai wajar melalui penghasilan komprehensif lain pada other comprehensive income as at December 31, 2023 and 2022 are as follow:
tanggal 31 Desember 2023 dan 2022 adalah sebagai berikut:
2023
Stage 1 Stage 2 Stage 3 Jumlah/Total
Cadangan Cadangan Cadangan Cadangan
Kerugian Kerugian Kerugian Kerugian
Penurunan Penurunan Penurunan Penurunan
Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat
Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/
Carrying Impairment Net Carrying Carrying Impairment Net Carrying Carrying Impairment Net Carrying Carrying Impairment Net Carrying
Amount Losses Amount Amount Losses Amount Amount Losses Amount Amount Losses Amount
Giro pada Current accounts with
Bank Indonesia 3.205.619 - 3.205.619 - - - - - - 3.205.619 - 3.205.619 Bank Indonesia
Giro pada bank Current accounts with
lain 342.881 (300) 342.581 - - - - - - 342.881 (300) 342.581 other banks - net
Penempatan pada Bank Placements with Bank
Indonesia dan Indonesia and
bank lain 2.133.567 - 2.133.567 - - - - - - 2.133.567 - 2.133.567 other bank - net
Surat - surat Berharga 17.536.249 (109) 17.536.140 - - - - - - 17.536.249 (109) 17.536.140 Marketable Securities
Tagihan akseptasi 132.577 (1.613) 130.964 - - - - - - 132.577 (1.613) 130.964 Acceptance receivables
Kredit yang diberikan 40.965.293 (911.306) 40.053.987 3.940.999 (496.517) 3.444.482 4.512.324 (2.175.011 ) 2.337.313 49.418.616 (3.582.835) 45.835.781 Loans
Penyertaan Saham 15 - 15 - - - - - - 15 - 15 Investment in shares
Aset keuangan lainnya 1.531.016 - 1.531.016 - - - - (51.597) (51.597 ) 1.531.016 (51.597) 1.479.419 Other financial assets
65.847.217 (913.328) 64.933.889 3.940.999 (496.517) 3.444.482 4.512.324 (2.226.608 ) 2.285.716 74.300.540 (3.636.454) 70.664.086
- 183 -
Page 669
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain) (Figures are presented in million Rupiah, unless otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
e. Evaluasi penurunan nilai (lanjutan) e. Impairment assessment (lanjutan)
2022
Stage 1 Stage 2 Stage 3 Jumlah/Total
Cadangan Cadangan Cadangan Cadangan
Kerugian Kerugian Kerugian Kerugian
Penurunan Penurunan Penurunan Penurunan
Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat Nilai Nilai/ Nilai Tercatat
Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/ Tercatat/ Allowance for Bersih/
Carrying Impairment Net Carrying Carrying Impairment Net Carrying Carrying Impairment Net Carrying Carrying Impairment Net Carrying
Amount Losses Amount Amount Losses Amount Amount Losses Amount Amount Losses Amount
Giro pada Current accounts with
Bank Indonesia 4.140.431 - 4.140.431 - - - - - - 4.140.431 - 4.140.431 Bank Indonesia
Giro pada bank Current accounts with
lain 744.059 (89) 743.970 - - - - - - 744.059 (89) 743.970 other banks - net
Penempatan pada Bank Placements with Bank
Indonesia dan Indonesia and
bank lain 12.180.830 - 12.180.830 - - - - - - 12.180.830 - 12.180.830 other bank - net
Surat-surat Berharga 12.009.954 (76) 12.009.878 - - - - - - 12.009.954 (76) 12.009.878 Marketable Securities
Tagihan akseptasi 17.346 (211) 17.135 - - - - - - 17.346 (211) 17.135 Acceptance receivables
Kredit yang diberikan 45.503.113 (535.853) 44.967.260 1.634.341 (104.609) 1.529.732 3.445.980 (986.214) 2.459.766 50.583.434 (1.626.676) 48.956.758 Loans
Penyertaan Saham 15 - 15 - - - - - - 15 - 15 Investment in shares
Aset keungan lainnya 893.939 (3.001) 890.938 - - - - - - 893.939 (3.001) 890.938 Other financial assets
75.489.687 (539.230) 74.950.457 1.634.341 (104.609) 1.529.732 3.445.980 (986.214) 2.459.766 80.570.008 (1.630.053) 78.939.955
Dalam hal terdapat keraguan terhadap kemampuan nasabah untuk Where there is doubt on the ability of the borrowers to meet contractual payments
melakukan pembayaran kontraktual pada saat jatuh tempo, persyaratan when due, the terms of the loans might be renegotiated based on mutual
kredit dapat dinegosiasikan kembali berdasarkan kesepakatan antara Bank agreement between the Bank and the borrowers.
dan nasabah.
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The ConsolidatedFinancial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Pasar Market Risk
Risiko pasar adalah risiko kerugian yang timbul Market risk is the risk of losses that arise due to
akibat perubahan faktor pasar yang tidak sesuai changes in market factors that are not in accordance
dengan posisi yang diambil oleh Bank baik pada with position taken by Bank both in the position of
posisi aset dan liabilitas keuangan dan rekening financial assets and liabilities and administrative
administratif, termasuk risiko perubahan harga accounts, including the risk of changes in option
option. Aktivitas Bank secara kesuluruhan akan prices. The overall activity of the Bank will be
dipengaruhi oleh pergerakan variabel pasar seperti influenced by movements in market variables such
suku bunga, nilai tukar, harga ekuitas dan harga as interest rates, exchange rates, equity prices and
komoditas. Dalam rangka meminimalisasi potensi commodity prices. In order to minimize the potential
kerugian yang dapat terjadi dari volatilitas losses that may occur due to the volatility of such
pergerakan variabel pasar tersebut, maka market variable movements, it is necessary to
diperlukan adanya pemantauan yang ketat terhadap perform strict monitoring of the Bank’s exposure.
posisi Bank yang terekspos.
Pengelolaan risiko pasar dijalankan berdasarkan The overall market risk management is performed
kebijakan dan prosedur yang berkaitan dengan based on the policies and procedures related to the
produk, jasa dan aktivitas treasury serta bisnis yang products, services and activities in the treasury and
terpapar risiko tersebut. Pengendalian risiko nilai business exposed to that risk. The management of
tukar mata uang asing dan risiko suku bunga Bank foreign exchange rate and interest rate risks in the
pada trading book antara lain melalui analisis risiko trading book is performed through risk and limit
dan limit untuk aktivitas trading seperti transaksi analysis for trading activities such as money market,
money market, foreign exchange dan fixed income foreign exchange, and fixed income securities
securities (surat-surat berharga). Selain itu, transactions (marketable securities). Furthermore,
dilakukan proses marked to market untuk posisi the trading book position has been marked-to-
trading book, monitoring posisi devisa neto dan market and the net open position and Value at Risk
Value at Risk (VaR) atas posisi tersebut. (VaR) on that position are monitored.
Risiko suku bunga Interest rate risk
Dalam rangka mengidentifikasi risiko secara lebih In order to identify the risk potential more accurately
akurat pada produk dan aktivitas Bank yang sensitif towards the Bank’s products and activity that were
terhadap suku bunga pasar yang dapat affected by market’s interest rate which may affect
memengaruhi tingkat risiko Bank dan untuk risk level of the Bank and to make a good sound
mewujudkan sistem perbankan yang sehat maka practice, the Bank needs to manage interest rate
Bank perlu mengelola risiko suku bunga yang tidak risk for both components either in the trading book
hanya terbatas pada komponen trading book namun or Banking book component according to the
juga pada komponen banking book sesuai dengan conservatism principles.
prinsip kehati-hatian.
Pengelolaan risiko suku bunga dalam Interest Rate The Interest Rate Risk in the Banking Book (IRRBB)
Risk in the Banking Book (IRRBB) dilakukan dengan management is performed by monitoring the
memperhatikan pergerakan suku bunga di pasar movement of interest rate in market not in same
yang berlawanan dengan posisi Banking Book, yang direction with Banking Book Position that may
berpotensi memberikan dampak terhadap impact the Bank’s capital and earning, in current
permodalan dan rentabilitas (earnings) Bank, baik condition and the future.
untuk saat ini maupun pada masa mendatang.
IRRBB bersumber dari 3 (tiga) aspek dasar yang IRRBB comes from three basic aspects related to
terkait dengan tingkat dan karakteristik struktur suku characteristic and structure of interest rate, and also
bunga, serta dampak dari tingkat dan karakteristik the impact of yield curve changes. The basic
tersebut terhadap perubahan atas kurva imbal hasil aspects are gap risk, basis risk and option risk.
(yield curve). Ketiga aspek dasar dimaksud adalah
gap risk, basis risk dan option risk.
- 185 -
Page 671
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Dalam melakukan pengukuran risiko, Bank In measuring risks, the Bank has performed stress
melakukan stress test dengan beberapa skenario, tests based on several scenarios, including the
termasuk skenario terburuk (worst case scenario) worst case scenario. This is intended to assess the
untuk mengetahui tingkat kemampuan Bank dalam Bank’s ability during various levels of market
menghadapi berbagai tingkat pergerakan hingga movements to abnormal market conditions. The
kondisi pasar yang tidak normal. Hasil stress test stress test results was used as a consideration in
tersebut digunakan sebagai pertimbangan pada determining changes in policies and limit related to
saat penetapan atau perubahan kebijakan dan limit market risk. Stress testing is done every 3 (three)
risiko pasar. Stress testing dilakukan setiap 3 (tiga) months or whichever is earlier in case there is an
bulan sekali atau periode yang lebih pendek jika abnormal condition. The Bank periodically performs
terjadi kondisi abnormal. Bank melakukan back back testing to validate methodology, formula,
testing untuk validasi pada metodologi, formula, model and assumptions used on each scenario of
model dan penggunaan asumsi pada setiap risk measurement model.
skenario dalam model pengukuran risiko.
Tabel berikut mengikhtisarkan eksposur risiko suku The table below summarizes the Bank’s interest rate
bunga Bank atas aset keuangan dan liabilitas risk exposure on non-trading financial assets and
keuangan yang tidak untuk diperdagangkan pada liabilities as at December 31, 2023 and 2022 (Bank
31 Desember 2023 dan 2022 (Bank saja). only).
2023
Kurang Dari Lebih Dari Lebih dari
3 Bulan/ 1 - 5 Tahun/ 5 Tahun/
Less Than 3 - 12 Bulan/ More Than More Than
Total 3 Months Months 1 - 5 Years 5 Years
Aset Assets
Current accounts with
Giro pada Bank Indonesia 2.655.765 2.655.765 - - - Bank Indonesia
Current accounts with
Giro pada bank lain 367.341 367.341 - - - other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 738.617 738.617 - - - Indonesia and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 5.322.930 - - 4.434.321 888.609 profit or loss
Diukur pada nilai wajar melalui Fair value through other
penghasilan komprehensif lain 3.477.939 - 76.255 2.897.332 504.352 comprehensive
Diukur pada biaya perolehan Measured at
amortisasi 8.808.097 1.277.302 193.121 7.337.674 - amortized cost
Tagihan derivatif 3.040 3.040 - - - Derivative receivable
Tagihan Surat-surat berharga Marketable securities
yang dibeli dengan janji purchased receivables with/
dijual kembali - - - - - agreemetns to resell
Kredit yang diberikan
dan pembiayaan/ Loans and sharia/
piutang syariah 44.183.228 3.513.641 7.869.650 15.523.202 17.276.735 financing/receivables
Tagihan akseptasi 132.577 96.953 35.624 - - Acceptance receivables
65.689.534 8.652.659 8.174.650 30.192.529 18.669.696
Liabilitas Liabilities
Simpanan nasabah 39.036.634 31.493.700 7.349.532 193.402 - Deposits from customers
Simpanan dari bank lain 7.761.176 7.758.176 3.000 - - Deposits from other banks
Surat-surat berharga Marketable securities
yang dijual dengan janji sell with agreement
dibeli kembali - bruto - - - - - to repurchase - gross
Pinjaman yang diterima 11.654.712 1.231.760 2.247.547 8.175.405 - Borrowings
Surat berharga yang diterbitkan 3.397.588 - - 3.397.588 - Securities issued
61.850.110 40.483.636 9.600.079 11.766.395 -
Neto 3.839.424 (31.830.977) (1.425.429) 18.426.134 18.669.696 Net
- 186 -
Page 672
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
2022
Kurang Dari Lebih Dari Lebih dari
3 Bulan/ 1 - 5 Tahun/ 5 Tahun/
Less Than 3 - 12 Bulan/ More Than More Than
Total 3 Months Months 1 - 5 Years 5 Years
Aset Assets
Current accounts with
Giro pada Bank Indonesia 3.743.790 3.743.790 - - - Bank Indonesia
Current accounts with
Giro pada bank lain 766.734 766.734 - - - other banks
Penempatan pada Bank Placements with Bank
Indonesia dan bank lain 11.081.830 11.051.830 30.000 - - Indonesia and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 3.362.099 74.639 85.541 3.043.336 158.583 profit or loss
Diukur pada nilai wajar melalui Fair value through other
penghasilan komprehensif lain 1.090.347 501.512 51.127 282.598 255.110 comprehensive
Diukur pada biaya perolehan Measured at
amortisasi 7.661.041 949.580 1.041.954 2.239.020 3.430.487 amortized cost
Tagihan derivatif 9.254 9.254 - - - Derivative receivable
Kredit yang diberikan
dan pembiayaan/ Loans and sharia/
piutang syariah 45.984.992 806.856 3.881.117 15.881.248 25.415.771 financing/receivables
Tagihan akseptasi 17.346 9.258 8.088 - - Acceptance receivables
73.717.433 17.913.453 5.097.827 21.446.202 29.259.951
Liabilitas Liabilities
Simpanan nasabah 46.696.050 33.923.898 12.261.431 510.721 - Deposits from customers
Simpanan dari bank lain 10.374.005 10.374.005 - - - Deposits from other banks
Surat-surat berharga Marketable securities
yang dijual dengan janji sell with agreement
dibeli kembali - bruto to repurchase - gross
Pinjaman yang diterima 11.132.586 500.000 2.700.000 7.900.564 32.022 Borrowings
Surat berharga yang diterbitkan 3.392.717 - - 2.707.717 685.000 Securities issued
71.595.358 44.797.903 14.961.431 11.119.002 717.022
Neto 2.122.075 (26.884.450) (9.863.604) 10.327.200 28.542.929
Manajemen risiko suku bunga atas limit repricing The management of interest rate risk against
gap dilakukan dengan memonitor sensitivitas aset repricing gap limits is supplemented by monitoring
dan liabilitas keuangan Bank atas berbagai skenario the sensitivity of the Bank’s financial assets and
tingkat bunga baik standar dan non-standar. Analisis liabilities to various standard and non-standard
sensitivitas Bank atas kenaikan atau penurunan interest rate scenarios. An analysis of the Bank’s
tingkat bunga pasar, dengan asumsi bahwa tidak sensitivity to an increase or decrease in market
ada pergerakan asimetris di kurva imbal hasil dan interest rates, assuming no asymmetrical movement
posisi laporan posisi keuangan yang tetap, adalah in curves and a constant position of statement of
sebagai berikut (tidak diaudit): financial position, is as follows (unaudited):
2023
Kenaikan paralel Penurunan paralel
100 basis poin/ 100 basis poin/
100 basis point- 100 basis point-
parallel increase parallel decrease
Sensitivitas atas proyeksi pendapatan Sensitivity of projected
bunga - neto (224.021) 224.021 interest income - net
2022
Kenaikan paralel Penurunan paralel
100 basis poin/ 100 basis poin/
100 basis point- 100 basis point-
parallel increase parallel decrease
Sensitivitas atas proyeksi pendapatan Sensitivity of projected
bunga - neto (57.727) 57.727 interest income - net
- 187 -
Page 673
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Pasar (lanjutan) Market Risk (continued)
Risiko nilai tukar Foreign exchange risk
Penilaian risiko nilai tukar mata uang asing The foreign exchange risk valuation is performed by
dilakukan dengan memperhatikan Posisi Devisa monitoring the Net Open Position (NOP) and foreign
Neto (PDN) dan volatilitas mata uang asing yang exchange volatility maintained by the Bank. Risk
dikelola Bank. Pengendalian risiko dilakukan melalui control is performed through monitoring the foreign
monitoring mutasi transaksi valuta asing di seluruh exchange transaction movement in all branches and
kantor cabang dan unit bisnis. Informasi mengenai business units. The information related with NOP is
PDN diungkapkan pada Catatan 43. disclosed in Note 43.
Tabel berikut mengindikasikan posisi aset dan The table below indicates the foreign currencies
liabilitas moneter dalam mata uang asing yang tidak position of non-trading monetary in assets and
untuk diperdagangkan pada tanggal 31 Desember liabilities as at December 31, 2023 and
2023 dan 2022, dimana Bank memiliki eksposur December 31, 2022, which the Bank has significant
signifikan terhadap arus kas masa depan. Analisa exposure against its forecast cash flows. The
tersebut menghitung dampak pergerakan nilai tukar analysis calculates the effect of a reasonably
wajar yang mungkin terjadi terhadap Rupiah, possible movement of the currency rate against the
dengan seluruh variabel dianggap konstan, Indonesian Rupiah, with all variables held constant,
terhadap laba rugi (akibat perubahan nilai wajar aset on the profit or loss (due to change in the fair value
dan liabilitas moneter yang tidak untuk of currency sensitive non-trading monetary assets
diperdagangkan yang sensitif terhadap nilai tukar) and liabilities) (unaudited).
(tidak diaudit).
2023
Kenaikan
Net (penurunan)
dalam nilai Sensitivitas Sensitivitas
tukar/ terhadap laporan terhadap
Increase laba rugi/ ekuitas/
(decrease) Sensitivity in Sensitivity
in exchange rate profit or loss in equity
Mata uang Currency
Dolar Amerika Serikat 10/(10) (89,69)/89.69 - United States Dollar
Euro Eropa 10/(10) (1,65)/1.65 - European Euro
Dolar Australia 10/(10) 6,30/(6.30) - Australian Dollar
Yen Jepang 10/(10) (29,37)/29.34 - Japanese Yen
Dolar Hong Kong 10/(10) 9,77/(9.77) - Hong Kong Dollar
Dolar Singapura 10/(10) 47,01/(47.01) - Singapore Dollar
Poundsterling Inggris 10/(10) 6,83/(6.83) - Great Britain Poundsterling
Won Korea 10/(10) 2,22/(2.22) - Korean Won
Yuan China 10/(10) 4,31/(4.31) - Chinese Yuan
2022
Kenaikan
(penurunan)
dalam nilai Sensitivitas Sensitivitas
tukar/ terhadap laporan terhadap
Increase laba rugi/ ekuitas/
(decrease) Sensitivity in Sensitivity
in exchange rate profit or loss in equity
Mata uang Currency
Dolar Amerika Serikat 10/(10) 60,38/(60.38) - United States Dollar
Euro Eropa 10/(10) 4,89/(4.89) - European Euro
Dolar Australia 10/(10) 1,44/(1.44) - Australian Dollar
Yen Jepang 10/(10) 25,83/(25.83) - Japanese Yen
Dolar Hong Kong 10/(10) 2,81/(2.81) - Hong Kong Dollar
Dolar Singapura 10/(10) 45,61/(45.61) - Singapore Dollar
Poundsterling Inggris 10/(10) 12,90/(12.90) - Great Britain Poundsterling
Won Korea 10/(10) 0,43/(0.43) - Korean Won
Yuan China 10/(10) 10,83/(10.83) - Chinese Yuan
- 188 -
Page 674
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Likuiditas Liquidity Risk
Risiko likuiditas adalah risiko akibat Liquidity risk is the risk due to the inability of the
ketidakmampuan Bank untuk memenuhi liabilitas Bank to meet obligations due from cash flow
yang jatuh tempo dari sumber pendanaan arus kas funding sources and/or from high quality liquid
dan/atau dari aset likuid berkualitas tinggi yang assets that can be pledged, without disrupting the
dapat diagunkan, tanpa mengganggu aktivitas dan activities and financial condition of the Bank.
kondisi keuangan Bank.
Risiko likuiditas juga berkaitan dengan optimalisasi Liquidity risk is the also related to the optimization of
struktur neraca dan risiko struktural terhadap the balance sheet structure and structural risk of
ketergantungan pada sumber pendanaan tertentu. dependence on certain funding sources. The Bank’s
Pengelolaan risiko likuiditas Bank berupaya agar liquidity risk management strives to be able to
dapat mengelola risiko likuiditas dalam perspektif manage liquidity risk form both a short-term and
jangka pendek maupun struktural. structural perspective.
Besar kecilnya risiko likuiditas ditentukan antara The size of the liquidity risk is determined, among
lain: others:
a. Kecermatan dalam perencanaan arus kas a. Accuracy in cash flow or flow of fund planning
atau arus dana berdasarkan prediksi based on financing and fund growth prediction,
pembiayaan dan prediksi pertumbuhan dana, which includes observing the fund rate
termasuk mencermati tingkat fluktuasi dana; volatility;
b. Ketepatan dalam mengatur struktur dana b. The precision in managing the fund structure,
termasuk kecukupan dana; including the adequacy of funding;
c. Ketersediaan aset yang siap dikonversikan c. The availability of asset that is ready to be
menjadi kas; converted into cash;
d. Kemampuan menciptakan akses ke pasar d. Ability to create access to the interbank market
antar bank atau sumber dana lainnya, or other funding sources, including the lender
termasuk fasilitas lender of last resort. of last resort facilities.
Dalam rangka meningkatkan ketahanan likuiditas, In order to improve liquidity resilience, Bank
Bank melakukan perhitungan rasio kecukupan calculates liquidity adequacy ratios namely Liquidity
likuiditas yaitu Liquidity Coverage Ratio (LCR) dan Coverage Ratio (LCR) and Net Stable Funding
Net Stable Funding Ratio (NSFR) dan mengelola Ratio (NSFR) and manages the Liquidity Adequacy
Rasio Kecukupan Likuiditas tersebut sesuai Ratio according to regulatory provisions, both
ketentuan regulator, baik secara individu (bank individually (bank only) and consolidated with
saja) maupun konsolidasi dengan perusahaan subsidiary companies.
anak.
Selain itu, Bank juga menghitung rasio Giro Wajib In addition, the Bank also calculates the Bank’s
Minimum (GWM) pada Bank Indonesia dan Kas, minimum Statutory Reserves (GWM) at Bank
Penyangga Likuiditas Makroprudensial (PLM) dan Indonesia and Cash, Macroprudential Liquidity
Rasio Intermediasi Makroprudensial (RIM). Buffer (PLM), and Macroprudential Intermediation
Ratio (RIM).
Terkait dengan POJK No. 50/POJK.03/2017 Related with the regulation of the Financial
tentang Kewajiban Pemenuhan Rasio Pendanaan Services Authority No. 50/POJK.03/2017
Stabil Bersih (Net Stable Funding Ratio) Bagi Bank concerning the Obligation of Net Stable Funding
Umum, Bank menyampaikan laporan NSFR secara Ratio for Commercial Banks, the Bank has
triwulanan (individual) ke Otoritas Jasa Keuangan submitted NSFR report on quarterly (individual) to
dan mempublikasikan laporan NSFR triwulanan Financial Services Authority and published NSFR
(individual) pada situs web Bank. report to Bank’s website.
Berdasarkan perhitungan, NSFR Bank Periode
Triwulan IV 2023 adalah sebesar 104,39% (secara Based on the calculation, NSFR for Quartal IV
individual) dan 103,74% (secara konsolidasi). Atas 2023 is 104.39% (individual) and 103.74%
hal tersebut, Bank telah memenuhi rasio NSFR (consolidated). For this reason, the Bank has
sesuai ketentuan (> 100%). already fulfilled the NSFR ratio in accordance with
the provisions (> 100%).
- 189 -
Page 675
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Likuiditas (lanjutan) Liquidity Risk (continued)
Dalam hal ini Bank akan terus melakukan upaya- In this regard, the Bank will continue to make
upaya strategis untuk dapat mempertahankan rasio strategic efforts to be able to maintain the liquidity
likuiditas. Beberapa strategi yang telah dan akan ratio. Some of the strategies that have been and
terus dilakukan Bank antara lain: will continue to be carried out by the Bank include:
• Meningkatkan DPK Terutama DPK yang • Increase TPF, especially TPF which has a
mempunyai kategori stabil dan mempunyai stable category and has a medium – long
tenor menengah - jangka panjang. term tenor.
• Menjaga Kecukupan Aset Likuid Bank. • Maintaining the adequacy of Liquid Assets.
• Memelihara dan meningkatkan Pendanaan • Maintain and enhance Interbank Funding
Antar Bank terutama jangka panjang. especially long-term maturity.
• Dukungan sumber pendanaan dari Kookmin • Support funding sources from Kookmin as
sebagai Pemegang Saham Pengendali Controlling Shareholder (PSP).
(PSP)
• Program pemasaran pendanaan yang • Funding marketing programs focused on a
berfokus pada jangka waktu menengah 6-12 medium term of 6-12 months
bulan
Sisa jatuh tempo kontraktual dari liabilitas keuangan Residual contractual maturities of financial liabilities
Tabel di bawah ini menyajikan ekspektasi arus kas The table below shows the expected undiscounted
yang tidak didiskontokan dari liabilitas keuangan cash flows on the Bank’s financial liabilities on the
Bank berdasarkan jatuh tempo kontraktual yang basis of their earliest possible contractual maturity
terdekat pada tanggal laporan posisi keuangan as at the consolidated statement of financial position
konsolidasian. date.
2023
Kurang dari Lebih dari Lebih dari
3 bulan/ 1 - 5 tahun/ 5 tahun/
Less than 3 - 12 bulan/ More than More than
Total 3 months months 1 - 5 years 5 years
Liabilities immediately
Liabilitas segera 431.402 431.402 - - - payable
Simpanan nasabah 44.789.143 32.415.350 12.180.392 193.401 - Deposits from customers
Simpanan dari bank lain 7.886.721 7.883.721 3.000 - - Deposits from other banks
Surat-surat berharga Marketable securities
yang dijual dengan janji sell with agreement
dibeli kembali - bruto 219.631 219.631 - - to repurchase - gross
Surat berharga yang diterbitkan 3.397.588 - - - 3.397.588 Securities issued
Liabilitas derivatif 808 808 - - - Derivative payable
Liabilitas akseptasi 132.577 96.953 35.624 - - Acceptance payable
Pinjaman yang diterima 11.704.492 1.231.760 2.297.327 8.175.405 - Borrowings
Liabilitas Lain-lain 1.570.140 1.263.423 206.372 - 100.345 Other liabilities
Neto 70.132.502 43.543.048 14.722.715 8.368.806 3.497.933 Net
Commitment and
Komitmen dan Kontinjensi Contigencies
Fasilitas kredit kepada debitur
yang belum digunakan 4.822.935 2.934.857 1.195.554 676.892 15.632 Unused Loan Facilities
Irrevocable letter of credit Outstanding Irrevocable
yang masih harus berjalan 88.205 78.074 10.131 - - Letters of Credit
Garansi yang diterbitkan 1.337.709 775.909 480.463 81.337 - Guarantee Issued
Total 6.248.849 3.788.840 1.686.148 758.229 15.632 Total
- 190 -
Page 676
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Likuiditas (lanjutan) Liquidity Risk (continued)
2022
Kurang dari Lebih dari Lebih dari
3 bulan/ 1 - 5 tahun/ 5 tahun/
Less than 3 - 12 bulan/ More than More than
Total 3 months months 1 - 5 years 5 years
Liabilities immediately
Liabilitas segera 388.522 388.522 - - - payable
Simpanan nasabah 51.962.370 38.576.511 12.870.049 513.228 2.582 Deposits from customers
Simpanan dari bank lain 10.381.375 10.381.375 - - - Deposits from other banks
Surat-surat berharga Marketable securities
yang dijual dengan janji sell with agreement
dibeli kembali - bruto - - - - - to repurchase - gross
Surat berharga yang diterbitkan 3.392.718 - - 1.989.922 1.402.796 Securities issued
Liabilitas derivatif 12.259 12.259 - - - Derivative payable
Liabilitas akseptasi 17.346 9.258 8.088 - - Acceptance payable
Pinjaman yang diterima 11.200.131 500.000 2.700.000 7.900.564 99.567 Borrowings
Liabilitas Lain-lain 1.367.530 1.119.467 130.458 - 117.605 Other liabilities
Neto 78.722.251 50.987.392 15.708.595 10.403.714 1.622.550 Net
Commitment and
Komitmen dan Kontinjensi Contigencies
Fasilitas kredit kepada debitur
yang belum digunakan 4.215.885 3.056.850 1.065.614 71.507 21.914 Unused Loan Facilities
Irrevocable letter of credit Outstanding Irrevocable
yang masih harus berjalan 64.027 58.979 482 3.829 737 Letters of Credit
Garansi yang diterbitkan 3.161.179 2.429.607 430.652 300.920 - Guarantee Issued
Total 7.441.091 5.545.436 1.496.748 376.256 22.651 Total
Secara berkala Bank melakukan kaji ulang terhadap The Bank on a regular basis reviews the liquidity risk
kebijakan dan limit risiko likuiditas. Selain itu, Bank management policy and its limit. Futhermore, the
memiliki kebijakan contingency funding plan sebagai Bank has contigency funding plan policy as a
pedoman bagi Bank untuk mengantisipasi situasi guidance for the Bank to overcome the situiation of
krisis likuiditas. Untuk mengetahui dampak liquidity crisis. In determining impact of changes in
perubahan pasar maupun faktor internal pada market and internal factors in extreme conditions
kondisi ekstrem (krisis) terhadap kondisi likuiditas (crisis) to the liquidity conditions that could impact
yang dapat berdampak pada kecukupan modal the Bank’s capital adequacy, the Bank performs
Bank, Bank melakukan stress test terhadap posisi stress test on Bank’s funding liquidity position on a
likuiditas Bank secara regular, sehingga Bank dapat regular basis. By applying stress test, the Bank can
mengantisipasi lebih awal dan mengambil langkah- anticipate early and take control measures as well
langkah pengendalian dan solusi yang paling as calculate the most optimal solution per short-term
optimal sebagai strategi jangka pendek maupun strategy and long-term recovery of liquidity. The
jangka panjang pemulihan likuiditas. Informasi information related to the maturity profile of assets
mengenai jatuh tempo aset dan liabilitas sesuai and liabilities is disclosed in Note 41.
kontrak diungkapkan pada Catatan 41.
Risiko Operasional Operational Risk
Risiko operasional adalah risiko akibat Operational risk is a risk due to insufficiency and/or
ketidakcukupan dan/atau tidak berfungsinya proses non-functioning of internal processes, human error,
internal, kesalahan manusia, kegagalan sistem system failure, and/or the existence of external
dan/atau adanya kejadian-kejadian eksternal yang factors that have the potential to cause financial and
berpotensi menimbulkan kerugian finansial maupun non-financial losses to the Bank. Bank wide
non finansial bagi Bank. Kebijakan manajemen Operational Risk Management Policy is used as a
risiko operasional secara Bank wide digunakan main reference for all line of businesses, support
sebagai acuan utama bagi semua lini bisnis, fungsi functions and subsidiaries in managing their
pendukung dan entitas anak dalam mengelola risiko operational risk. The Bank’s approach to Operational
operasional. Pendekatan Bank terhadap manajemen Risk management is to define the best mitigation
risiko operasional adalah dengan menentukan strategy to get optimum balance between
strategi mitigasi guna memperoleh keseimbangan operational risk exposure, effectiveness of control
yang optimal antara paparan risiko operasional, mechanism, and creating risk appetite as a Bank
efektivitas mekanisme kontrol dan pembuatan risk strategy by a consistent implementation of a
appetite sebagai salah satu strategi bank dengan comprehensive Operational Risk Management.
melakukan implementasi konsisten atas Manajemen
Risiko Operasional.
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Page 677
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
Pengelolaan terhadap eksposur risiko operasional di Management of operational risk exposures at Bank
Bank mencakup pengelolaan terhadap eksposur includes legal risk exposures, reputation,
risiko hukum, reputasi, kepatuhan dan stratejik yang compliance and strategic risk exposure that occur in
terdapat pada setiap proses bisnis dan aktivitas every business process and operational activity.
operasional.
Penerapan Manajemen Risiko Operasional The Implementation of Operational Risk
dilakukan dengan berpedoman pada Peraturan Management is carried out by referring to the
Otoritas Jasa keuangan No.18/POJK.03/2016 Regulation of Financial Services Authority
tentang Penerapan Manajemen Risiko bagi Bank No. 18/POJK.03/2016 concerning the
Umum, yang mensyaratkan penerapan manajemen Implementation of Risk Management for Commercial
risiko mencakup 4 pilar yakni pengawasan aktif Banks, which requires the implementation of risk
Direksi dan Dewan Komisaris, kecukupan kebijakan management toward 4 pillars, that cover active
dan prosedur manajemen risiko dan penetapan limit supervision of the Board of Directors and the Board
Risiko, kecukupan proses manajemen risiko, dan of Commissioners, adequacy of risk management
sistem pengendalian internal. policy, procedure, and establishment of risk limit,
adequacy of risk management process, and internal
control system.
Hal ini juga termasuk pengkajian atas produk In addition, it includes the assessment of new or
dan/atau aktivitas baru atau pengembangan yang development products and/or activities that increase
meningkatkan profil risiko produk dan/atau aktivitas the risk profile of the products and/or activities of the
Bank. Bank.
Pengelolaan risiko operasional yang dilakukan Effective operational risk management can reduces
secara efektif dapat mengurangi potensi kerugian the potential of operational risk losses.
risiko operasional.
Manajemen risiko serta penetapan limit risiko, Risk management policies and procedures, set of
kecukupan proses identifikasi, pengukuran, the risk limits, adequacy of risk identification, risk
pemantauan dan pengendalian risiko, serta sistem measurement, risk monitoring and risk control
informasi manajemen risiko dan sistem processes, and a comprehensive risk management
pengendalian intern yang menyeluruh. Pengelolaan information system and an internal control system
risiko operasional yang dilakukan secara efektif as well. Effective operational risk management can
dapat mengurangi potensi kerugian risiko reduces the potential of operational risk loss.
operasional.
Bank telah memiliki Kebijakan Manajemen Risiko The Bank has an Operational Risk Management
Operasional, penetapan risk appetite dan risk Policy, setting of risk appetite and risk tolerance,
tolerance dan penetapan limit Risiko Operasional. and Operational Risk Limits. ln managing
Di dalam mengelola risiko operasional, risk taking operational risk, the risk owner is responsible for the
unit bertanggung jawab atas risiko yang terjadi pada risk that occurs in their respective units.
unitnya masing-masing. Tata cara atas
pengendalian risiko operasional diatur dalam suatu The operational risk management procedures are
kebijakan Bank secara menyeluruh yang mencakup regulated in a comprehensive Bank’s policy for each
ketentuan dan prosedur operasional untuk setiap unit that includes provisions and procedures and
unit dan dilakukan reviu secara berkala. reviewed periodically.
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
Bank telah melakukan beberapa hal dalam rangka The Bank has done several things in order to
pengelolaan risiko operasional, yaitu: manage operational risk, as follows:
i. Menetapkan risk governance pengelolaan risiko i. Stipulate risk governance for operational risk
operasional; management;
ii. Menetapkan kebijakan dan prosedur serta ii. Stipulate policies and procedures and conduct
melakukan reviu secara berkala sebagai periodic reviews as a basis for implementing
landasan penerapan manajemen risiko; risk management;
iii. Menetapkan operational risk appetite dan risk iii. Stipulate operational risk appetite and risk
tolerance; tolerance;
iv. Menyusun metodologi dan perangkat iv. Develop operational risk management
pengelolaan risiko operasional; methodologies and tools;
v. Membangun Risk Awareness di seluruh lini v. Building Risk Awareness in all lines of
organisasi termasuk mewujudkan Risk Culture organization including realizing Risk Culture in
dalam aktivitas bisnis Bank; Bank’s business activities;
vi. Menjalankan implementasi pengelolaan risiko vi. Carry out the implementation of operational risk
operasional ke seluruh unit kerja Kantor Pusat management to all Headquarters and Branch
dan Branch termasuk implementasi Operational work units including the implementation of
Risk Management (ORM) Tools yang meliputi Operational Risk Management Tools (ORM
aplikasi Loss Event Database (LED) dan Tools) which include the Loss Event Database
Aplikasi Risk Control Self-Assesment (RCSA); (LED) application and the Risk Control Self-
Assessment (RCSA) application;
vii. Menyusun Disaster Recovery Plan sebagai vii. Develop a Disaster Recovery Plan as an
langkah antisipasi atas kejadian internal anticipatory measure for internal and external
maupun eksternal yang berpotensi events that have the potential to cause losses;
menimbulkan kerugian termasuk kejadian including events of disasters;
bencana;
viii. Melalukan penilaian risiko sendiri terhadap viii. Self Risk Assessment for Cyber Security
penerapan ketahanan dan keamanan siber; Implementation;
ix. Melakukan penilaian tingkat maturitas untuk ix. Maturity Level Assessment for Cyber Security
keamanan siber dan perbankan digital; and Digital Banking;
x. Melakukan penilaian kerentanan dan x. Vulnerability Assessment and Penetration
pengujian penetrasi; Test;
xi. Melakukan penilaian risiko (risk-assessment) xi. Conduct a risk assessment of management
kecukupan pengelolaan risiko atas rencana adequacy of the Bank's products and/or
pengembangan Produk dan/atau layanan Bank; services development plan;
xii. Melakukan perhitungan atas Aset Tertimbang xii. Calculate the Risk Weighted Assets (RWA) for
Menurut Risiko (ATMR) untuk Risiko Operational Risk;
Operasional;
xiii. Menyediakan kajian risiko terkait dengan xiii. Provide the risk studies related to business
proses bisnis, aktivitas operasional dan process, operational, and transactional
transaksional; activities;
xiv. Melaksanakan peningkatan atas kapabilitas xiv. Improves the ability of Human Resources
Sumber Daya Manusia secara berkelanjutan, regularly, preparation of the Human Resources
menyusun Blue Print Sumber Daya Manusia, Blue Print, development of Man Power Planning
menyusun Man Power Planning, dan and Improve HR composition in Business Units;
Peningkatan komposisi SDM di Unit Bisnis;
xv. Pelaksanaan Komite Pengendalian Internal xv. Conduct Internal Control Committee to discuss
secara rutin untuk membahas suatu issues that have the potential to increase the
permasalahan yang dapat meningkatkan risk of bank exposure;
eksposur risiko Bank;
xvi. Melaksanakan monitoring secara berkala atas xvi. Carry out periodic monitoring of th esecurity of
keamanan sistem teknologi informasi yang information technology systems used;
digunakan;
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
Bank telah melakukan beberapa hal dalam rangka The Bank has done several things in order to
pengelolaan risiko operasional, yaitu: (lanjutan) manage operational risk, as follows: (continued)
xvii. Melaksanakan monitoring limit risiko dan xvii. Monitor the risk limit and provide the internal
pelaporan internal maupun eksternal and external report (Regulator);
(Regulator);
xviii. Penyempurnaan dan penguatan program xviii. Improvement and strengthening of the anti-
strategi anti-fraud, antara lain melalui fraud strategy program, including through anti-
sosialisasi anti-fraud kepada seluruh karyawan, fraud socialization to all employees, monitoring
pemantauan penerapan sanksi terhadap the implementation of sanctions against
pelaku, dan pengembangan unit anti-fraud perpetrators, and developing anti-fraud units
menjadi departemen; into departments;
xix. Perbaikan kelemahan dalam kegiatan xix. Improvement of weaknesses in operational and
operasional dan TI; IT activities;
xx. Pelaksanaan monitoring atas penanganan xx. Implementation of handling customer
pengaduan nasabah, peningkatan, kompetensi complaints monitoring, increasing the
petugas Bank dalam penaganan pengaduan competence of Bank officers in handling
nasabah; custumer complaints;
Bank telah menerapkan operational risk governance, The Bank has implemented operational risk
melalui: governance, through:
i. Pengawasan aktif Dewan Komisaris dan i. Active supervision by the Board of
Direksi; Commissioners and Directors;
ii. Pelaksanaan pengelolaan atas risiko ii. Implementation of the operational risk
operasional melalui model three line of defense, management through models named as three
yaitu: line of defense that consist of:
• Risk taking unit sebagai risk owner • Risk taking unit as a risk owner is the first
merupakan first line of defense yang line of defense that is responsible for direct
bertanggung jawab terhadap pengelolaan management of each work unit;
langsung dari masing- masing unit kerja;
• Second line of defense yang menjalankan • The second line of defense that runs the
fungsi oversight; dan oversight function; and
• Internal Audit sebagai third line of defense • Internal Audit as the third line of defense
yang menjalankan fungsi independent that carries out the independent assurance
assurance. function.
iii. Melakukan peninjauan ulang dan pembenahan iii. Conduct review and revamp the internal
terhadap kebijakan dan pedoman internal Bank policies and guidelines of the Bank to support
yang ada guna menunjang kegiatan usaha the Bank's business activities.
Bank.
iv. Melakukan sosialisasi kebijakan/pedoman iv. Conduct socialization of internal
internal untuk meningkatkan pemahaman policies/guidelines to increase understanding
kepada karyawan. to employees.
Dalam rangka pengelolaan risiko operasional, Bank In order to manage operational risk, the Bank has
telah mengembangkan: developed:
i. Aplikasi Risk Control Self Assessment i. The web based of Risk Control Self
(RCSA) berbasis web yang digunakan untuk Assessment (RCSA) application, that is used to
mengidentifikasi, mengukur, dan memonitor identify, measure, and monitor the operational
risiko operasional pada setiap unit kerja risk in each unit on a regular basis;
secara berkala;
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
ii. Aplikasi Loss Event Data (LED) berbasis web ii. The web based of Loss Event Data (LED), that
yang digunakan untuk pencatatan data is used to record and collect Bank’s losses data
kerugian Bank yang sudah terjadi atau that have occurred or have the potential to
berpotensi menimbulkan kerugian bagi Bank, cause losses for the Bank, both in financial and
baik atas kerugian finansial maupun non non-financial losses;
finansial;
iii. Action Plan sebagai langkah-langkah mitigasi iii. The Action Plan as an operational risk
risiko operasional; mitigation step;
iv. Dashboard Manajemen Risiko Operasional iv. The Operational Risk Management Dashboard
yang digunakan sebagai indikator tingkat risiko that is used as an indicator of operational risk
operasional dalam suatu aktivitas perbankan. level of banking activities.
Setiap kejadian atau indikasi dari terjadinya risiko Any events or indication of operational risk or
operasional atau kelemahan yang teridentifikasi oleh weaknesses identified by operational risk tools will
alat-alat risiko operasional akan ditindaklanjuti be followed up through improvements. The reporting
melalui perbaikan-perbaikan. Proses pelaporan dan and escalation process will start from each business
eskalasi akan dilakukan mulai dari setiap unit bisnis unit and supporting unit up to the Risk Management
dan unit pendukung sampai dengan Komite Committee. Operational Risk and IT Management
Manajemen Risiko. Departemen Operational Risk Department has proactively carried out ongoing
dan IT Management secara proaktif telah melakukan campaigns or socialization to raise awareness
sosialisasi atau kampanye yang berkesinambungan concerning Operational Risk to all units within the
untuk meningkatkan kesadaran tentang Risiko Bank, through information sharing on risk events
Operasional ke seluruh unit di Bank, melalui and recommendations for process improvement.
berbagai informasi atas kejadian berisiko dan
rekomendasi atas perbaikan proses.
Sebagai bagian dari pemantauan Risiko As part of Operational Risk monitoring, the Bank
Operasional, Bank juga mengelola Risiko Teknologi also manage Information Technology Risk by
Informasi dengan memiliki tata kelola terkait dengan developing governance related to Information
Manajemen Risiko Teknologi Informasi. Fokus Technology Risk Management. Focus of operational
pemantauan risiko operasional terkait risiko risk monitoring related to information technology risk
teknologi informasi antara lain adalah Risk Register among others are Risk Register Information
Information Technology yang mana saat ini Bank Technology, where the Bank is currently focusing on
fokus pada pembangunan NGBS (New Generation the development of the NGBS (New Generation
Banking System), kemudian Risk Register e-channel Banking System), then the e-channel and digital
serta digital yang merupakan transformasi yang Risk Registers, which are transformations launched
dicanangkan oleh pemerintah by the government.
Bank telah melakukan penyusunan dan pemantauan The Bank has prepared and monitored the
pelaksanaan penyelesaian isu risiko yang implementation of the resolution of risk issues that
berpontensi tinggi dalam dampak kerusakan have a high potential for damage, especially on the
terutama pada daftar utama RCSA (Risk Control main list of RCSA (Risk Control Self-Assessment)
Self-Assessment) dari RTU (Risk Taking Unit) serta from the RTU (Risk Taking Unit) as well as providing
melakukan umpan balik berupa opini terhadap feedback in the form of opinions on the fairness and
kewajaran dan ketepatan dari penilaian yang telah accuracy of the assessments that have been carried
dilakukan oleh RTU. Selain itu terkait kontrol out by RTU. Related with internal control Bank did
internal, Bank melakukan pengkinian Risk Issue updating Risk Issues on a regular basis and also
secara rutin dan juga menjaga limit risiko di aktivitas maintaining risk limits in operational activities in
operasional agar dapat mendukung pertumbuhan order to support business growth while remaining
bisnis tetapi tetap aman dari risiko. safe from risk.
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Operasional (lanjutan) Operational Risk (continued)
Selain itu Bank juga telah melakukan pemantauan In addition, the Bank has also monitored the
atas pencatatan data kerugian Bank yang sudah recording of data on Bank losses that have occurred
terjadi atau berpotensi menimbulkan kerugian bagi or have the potential to cause losses to the Bank,
Bank, baik atas kerugian finansial maupun non both financial and non-financial losses that are
finansial yang dicatatkan kedalam aplikasi Loss recorded in the Loss Event Database (LED)
Event Database (LED). Sebagai bentuk peningkatan application. As a form of increasing the use of the
atas penggunaan aplikasi LED (Loss Event LED application (Loss Event Database) the Bank
Database) Bank telah melakukan pembaharuan has updated the LED application guidelines through
terhadap pedoman aplikasi LED melalui Surat Directors Circular Letter No.SE/048/DIR/2023
Edaran Direksi No.SE/048/DIR/2023 tentang concerning Loss Event Database Guideline PT KB
Pedoman Loss Event Database PT Bank KB Bank Bukopin, Tbk.
Bukopin Tbk.
Kejadian-kejadian berisiko selama tahun 2023 baik Risk events in 2023 either due to negligence of
yang disebabkan karena faktor kelalaian karyawan, employees, system, processes, or external events
sistem, proses ataupun kejadian eksternal dinilai are considered as having incurred relatively
mengalami kerugian yang relatif tidak signifikan insignificant losses to the Bank. The Bank adopts
terhadap Bank. Bank menggunakan pendekatan basic indicator approach to allocate capital and Risk
indikator dasar untuk mengalokasi modal dan Aktiva Weighted Assets (RWA) for operational risk using
Tertimbang Menurut Risiko (ATMR) untuk risiko average data of the last 3 years of the Bank’s gross
operasional dengan menggunakan data rata-rata income.
3 tahun terakhir dari pendapatan bruto Bank.
Bank telah melakukan perhitungan beban modal The Bank has calculated the operational risk capital
risiko operasional berdasarkan Basel Committee on charge under the Basel Committee on Banking
Banking Supervision dan Peraturan Otoritas Jasa Supervision and the Financial Services Authority
Keuangan Nomor 11/POJK.03/2016 tanggal Regulation Number 11/POJK.03/2016 dated
29 Januari 2016 tentang Kewajiban Penyediaan January 29, 2016 regarding the Minimum Capital
Modal Minimum Bank Umum. Berdasarkan Requirement for Commercial Banks. Based on
ketentuan tersebut, Bank dalam melakukan these provisions, the Bank performs operational risk
perhitungan ATMR risiko operasional menggunakan calculations using the Basic Indicator Approach.
Pendekatan Indikator Dasar.
Bank telah melakukan uji coba perhitungan beban The Bank has conducted a trial test on the
modal risiko operasional berdasarkan Basel III: calculation of operational risk capital costs based on
Finalizing Post-Crisis Reforms dan Surat Edaran Basel III: Finalizing of Post-Crisis Reforms and
Otoritas Jasa Keuangan Nomor 6/SEOJK.03/2020 Financial Services Authority Circular Letter Number
tanggal 29 April 2020 tentang perhitungan ATMR 6/SEOJK.03/2020 dated April 29, 2020, concerning
risiko operasional menggunakan Pendekatan Calculation of Operational RWA Using Standard
Standar bagi Bank Umum (Standard Measurement Approaches for Commercial Banks which have been
Approach) yang berlaku pada tanggal apply effective January 1, 2023.
1 Januari 2023.
Risiko Hukum Legal Risk
Risiko hukum adalah risiko akibat tuntutan hukum Legal risk is the risk due to legal claims and/or
dan/atau kelemahan aspek yuridis, yang antara lain weaknesses in legal aspects which among others
disebabkan oleh lemahnya perikatan yang dilakukan derived from the weaknesses in the Bank’s
oleh Bank, ketiadaan dan/atau perubahan peraturan engagements, the absence and/or changes in laws
perundang-undangan yang menyebabkan suatu which result in the transaction executed by the Bank
transaksi yang telah dilakukan Bank menjadi tidak is not aligned with the current regulations, and
sesuai dengan ketentuan dan proses litigasi baik litigation process both from third parties to the Bank
yang timbul dari gugatan pihak ketiga terhadap Bank and from the Bank to third parties.
maupun Bank terhadap pihak ketiga.
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Hukum (lanjutan) Legal Risk (continued)
Proses identifikasi risiko hukum dilakukan dengan The process of identifying legal risks is carried out
menganalisis seluruh sumber risiko hukum yang by analyzing all sources of legal risks which at
sekurang-kurangnya dilakukan terhadap rencana least are carried out on plans for implementing
penyelenggaraan produk dan/atau layanan Bank, Bank products and/or services, all Bank activities
seluruh aktivitas Bank yang tidak terbatas pada that are not limited to fundraising activities, fund
kegiatan penghimpunan dana, penyaluran dana, distribution, treasury, trade finance services,
treasury, trade finance services, pengelolaan human resource management, development of
sumber daya manusia, pengembangan new products/activities, as well as implementation
produk/aktifitas baru, serta pelaksanaan kegiatan of operational and other business activities through
operasional dan bisnis lainnya melalui proses appropriate legal risk management control
pengendalian manajemen risiko hukum yang layak processes prior to their introduction or
sebelum diperkenalkan atau dijalankan. implementation.
Melalui Departemen Hukum Perusahaan dan Through the Corporate Legal and Litigation
Litigasi, Bank telah melakukan identifikasi risiko Department, the Bank has identified adequate legal
hukum yang memadai dengan memberikan legal risks by providing legal advisory, legal opinion, and
advisory/legal opinion dan analisis yuridis kepada juridical analysis to related units to improve the
unit terkait untuk meningkatkan kualitas perjanjian quality of credit and cooperation agreements so as
kredit/Kerjasama agar tidak merugikan Bank, serta not to harm the Bank, as well as strengthening
memperkuat standar perjanjian Kerjasama dan Cooperation agreement standards and legal risk
kebijakan manajemen risiko hukum sebagai bentuk management policies as a form of mitigation of the
mitigasi atas risiko yang akan muncul. risks that will arise.
Selain itu Identifikasi serta pengukuran risiko hukum In addition, the identification and measurement of
juga dilakukan melalui pemantauan penanganan legal risk is also carried out through monitoring the
kasus hukum, potential loss yang dihadapi Bank dari handling of legal cases, potential loss faced by the
tuntutan hukum, serta pemantauan biaya legal. Bank from lawsuits, and monitoring legal costs. The
Pengelolaan risiko hukum Bank dilakukan oleh Bank's legal risk management is carried out by the
Departemen Hukum Perusahaan dan Litigasi Corporate Legal and Litigation Department with a
dengan fokus kepada penyelesaian tuntutan hukum. focus on resolving legal claims. This department is
Departemen tersebut bertanggung jawab untuk responsible for ensuring the strengthening of the
memastikan penguatan posisi Bank dalam kasus Bank's position in cases faced by the Bank.
yang di hadapi oleh Bank.
Identifikasi risiko hukum juga dilakukan pada seluruh Legal risk identification is also carried out in all
aktivitas Bank yang tidak terbatas pada kegiatan Bank activities which are not limited to fund raising,
penghimpunan dana, penyaluran dana, treasury, fund distribution, treasury, trade finance services,
trade finance services, pengelolaan sumber daya human resource management, new product/activity
manusia, pengembangan produk/aktifitas baru, development, as well as the implementation of
serta pelaksanaan kegiatan operasional dan bisnis other operational and business activities.
lainnya.
Risiko Reputasi Reputation Risk
Risiko reputasi adalah risiko akibat menurunnya Reputation risk is the risk due to decrease in
tingkat kepercayaan pemangku kepentingan stakeholders’ trust that comes from negative
(stakeholder) yang bersumber dari persepsi negatif perception on the Bank, among others derived from
terhadap Bank, yang antara lain disebabkan adanya events that resulting loss to the Bank, such as
kejadian yang telah merugikan reputasi Bank, negative news in mass media, transgression of
misalnya pemberitaan negatif di media massa, business ethics, customers complaints, and other
pelanggaran etika bisnis, keluhan nasabah, serta matters resulting reputation risk, such as the
hal lain yang dapat menyebabkan risiko reputasi, weaknesses in corporate governance, corporate
misalnya kelemahan pada tata kelola, budaya culture, and the Bank’s business practices.
perusahaan dan praktik bisnis Bank.
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Page 683
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Reputasi (lanjutan) Reputation Risk (continued)
Karena risiko reputasi melekat pada berbagai Since reputational risk is inherent in various
kegiatan dan aspek, Bank bergantung pada activities and aspects, the Bank relies on tools and
perangkat dan mekanisme pengelolaan risiko mechanisms in operational risk management in
operasional dalam mengelola risiko ini. Dengan managing such risk. Therefore, the Bank analyzes
demikian, Bank melakukan analisis atas setiap each customer complain or negative perception that
pengaduan nasabah ataupun persepsi negatif Bank is published through the news media (mass media,
yang disampaikan melalui media pemberitaan online media, TV program and social media) to
(media massa, media online, media TV dan media ascertain the cause and its resolution.
sosial) untuk memastikan penyebab dan
penyelesaiannya.
Bank memiliki Departemen khusus yang memiliki The Bank has a special Department that is
bertanggung jawab untuk melakukan pengelolaan responsible for managing reputation risk related to
risiko reputasi terkait dengan pengaduan nasabah, customer complaints, as well as a special
serta Departemen khusus yang bertanggung jawab Department that is responsible for managing
terkait pengelolaan risiko reputasi atas komunikasi reputation risk for internal and external
internal dan eksternal serta pemantauan dan communications as well as media monitoring and
pengelolaan media. management.
Pengelolaan risiko reputasi atas pengaduan/ Reputation risk management of customer
keluhan nasabah atau pemberitaan negatif yang complaints or negative news that submitted directly
disampaikan secara langsung kepada Bank ataupun to the Bank or through online media and other
melalui media online serta media lainnya terus media is carried out continuously through:
dilakukan secara berkelanjutan melalui: i. Use of the Complaint Tracking System as an
i. Penggunaan Complaint Tracking System application to monitor and manage the
sebagai aplikasi untuk monitoring dan handling and resolution of customer
pengelolaan atas penanganan serta complaints;
penyelesaian pengaduan nasabah; ii. Implementation of monitoring of reporting in
ii. Pelaksanaan pemantauan atas pemberitaan di mass media, both print mass media and
media massa baik cetak maupun elektronik electronic, using a dashboard system on a
menggunakan sistem dashboard secara harian; daily basis;
iii. Pelaksanaan fungsi pemantauan dan iii. Implementation of the monitoring and
pengelolaan atas pemberitaan Bank di Media management function of Bank reporting in the
Massa oleh Corporate Relation Department Mass Media by the Corporate Relations
iv. Pelaksanaan fungsi pemantauan atas Department;
penyelesaian penanganan pengaduan nasabah iv. Implementation of the monitoring function for
oleh Customer Experience and Development the resolution of handling customer complaints
Department; by the Customer Experience and
Development Department;
v. Pelaksaan program pertemuan rutin tahunan v. Implementation of a regular annual meeting
dengan awak media sebagai bentuk menjaga program with media crew as a form of
relasi Perusahaan; maintaining relationships as well as managing
the Company's reputation;
vi. Pengelolaan Perlindungan Konsumen yang vi. Consumer Protection Management carried out
dilakukan oleh Compliance Development and by the Compliance Development and
Customer Protection Unit. Customer Protection Unit.
Sebagai bagian dari proses manajemen risiko As part of the reputation risk management process,
reputasi, Bank menyediakan media komunikasi bagi the Bank provides communication media for
nasabah apabila mengalami ketidaknyamanan customers if they experience inconvenience in
dalam bertransaksi baik melalui media sosial, email transactions either via the Bank's official social
maupun layanan telepon Halo Bukopin yang media, email or the Halo Bukopin telephone service
beroperasi selama 24 Jam. which operates 24 hours.
Rating Bank berdasarkan Fitch dipertahankan pada Bank’s rating based on Fitch is maintained at
tingkat AAA(idn) dan Pefindo pada idAAA. AAA(idn) and Pefindo's rating at idAAA.
- 198 -
Page 684
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Reputasi (lanjutan) Reputation Risk (continued)
Untuk memastikan pengendalian risiko reputasi, To ensure reputation risk control, the Bank has
Bank telah melakukan langkah-langkah antara lain: taken steps including:
• Penetapan alur proses secara jelas atas • Establishing a clear process flow for resolving
penyelesaian penanganan pengaduan customer complaints;
nasabah;
• Penerapan Service Level Agreement (SLA) di • Implementation of Service Level Agreement in
tiap unit kerja untuk memastikan aktivitas all business units to ensure that the service
layanan kepada nasabah telah sesuai dengan activities meets the maximum service time
standar waktu; standards;
• Melaksanakan pelatihan kepada karyawan • Conduct training for employees to improve the
untuk meningkatkan kualitas pelayanan Bank quality of Bank's services for customers.
kepada nasabah.
Risiko Kepatuhan Compliance Risk
Risiko kepatuhan adalah risiko yang terjadi karena Compliance risk is the risk incurred due to the Bank
Bank tidak mematuhi dan/atau tidak melaksanakan has not complied and/or not implemented the
ketentuan internal, peraturan perundang-undangan applicable internal policies, laws, and regulations. In
dan ketentuan yang berlaku secara umum. Dalam engaging in the banking industry services, the Bank
menjalankan kegiatan usaha pada industri is required to always comply with the banking
perbankan, Bank diwajibkan untuk selalu tunduk regulations issued by the Goverment and Bank
terhadap peraturan perbankan yang diterbitkan baik Indonesia. In addition, the Bank is also required to
oleh Pemerintah maupun Bank Indonesia. Selain itu, comply with several other rules, such as regulation
Bank juga wajib tunduk kepada beberapa ketentuan on deposit guarantee program, limited liability
lainnya, seperti peraturan yang mengatur company, taxation and capital market Financial
penjaminan simpanan, perseroan terbatas, Services Authority (OJK).
perpajakan dan peraturan di bidang pasar modal
Otoritas Jasa Keuangan (OJK).
Dalam menjalankan kegiatan usaha, Bank In the conduct of its business activities, the Bank at
senantiasa menjaga kepatuhan terhadap ketentuan all times maintains compliance with Financial
Otoritas Jasa Keuangan (OJK) dan peraturan Services Authority (OJK) regulations and applicable
perundang-undangan yang berlaku untuk laws and regulations to maintain the Bank’s
memelihara reputasi bank, sehingga sesuai dengan reputation, so as to align with the expectations of all
harapan dari seluruh pemangku kepentingan dan stakeholders and also the banking industry in
juga industri perbankan pada umumnya. general.
Pelaksanaan Fungsi Kepatuhan Bank juga The implementation of the Bank’s Compliance
merupakan salah satu cerminan dari penerapan Function also reflects the implementation of Good
Tata Kelola perusahaan yang baik (Good Corporate Corporate Governance. In the event the Bank is
Governance). Apabila Bank lalai dalam menjalankan negligent in carrying out its compliance function, the
fungsi kepatuhan maka Bank akan berhadapan Bank will directly encounter with compliance risk.
langsung dengan risiko kepatuhan (compliance risk).
Pada praktiknya risiko kepatuhan melekat pada In practice, compliance risk is inherent to the Bank’s
risiko Bank yang terkait pada peraturan perundang- activities that are related to regulations, prudential
undangan, ketentuan kehati-hatian dan ketentuan provisions, and other provisions, such as:
lain yang berlaku, seperti:
• Kepatuhan terhadap ketentuan dan/atau • Compliance with the prevailing regulations
standar yang berlaku, seperti diantaranya and/or standards, among others are Minimum
pemenuhan ketentuan atas Kewajiban Capital Requirement (CAR), Assessment of
Pemenuhan Modal Minimum (KPMM), Bank Asset Quality, Formation of Allowance for
Penilaian Kualitas Aset Bank, Pembentukan Impairment Losses, Calculation of Risk
Cadangan Kerugian Penurunan Nilai (CKPN), Weighted Assets (RWA) and Legal Lending
Aktiva Tertimbang Menurut Risiko (ATMR), Limit (LLL) regulations, Net Open Position
Batas Maksimum Pemberian Kredit (BMPK), (NOP), Minimum Statutory Reserves (GWM),
Posisi Devisa Netto (PDN), Giro Wajib Liquidity Coverage Ratio (LCR) and Net Stable
Minimum, Liquidity Coverage Ratio (LCR) dan Funding Ratio (NSFR).
Net Stable Funding Ratio (NSFR).
- 199 -
Page 685
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Kepatuhan Compliance Risk
• Pemenuhan komitmen Rencana Bisnis Bank • Fulfillment the commitments of Bank’s Business
(RBB); Plan regulation;
• Risiko operasional terkait pemenuhan • Operational risks due to The Know Your
ketentuan terkait prinsip-prinsip Know Your Customer Principles (KYCP) and Anti Money
Customer (KYC) dan Anti Pencucian Uang dan Laundering and Countering the Financing of
Pencegahan Pendanaan Terorisme (APU- Terrorism (APU-PPT);
PPT);
• Ketentuan terkait internal proses bisnis; • Regulation related to internal business process;
• Ketentuan pelaporan kepada regulator. • Regulation related to regulatory report.
Kesalahan dalam melakukan interpretasi terhadap Misinterpretation in the statutory provisions also
ketentuan perundang-undangan, juga berpotensi potentially create compliance risks. Compliance risk
menimbulkan terjadinya risiko kepatuhan. Risiko in the Bank can affect the reputation and public trust
kepatuhan yang terjadi pada Bank dapat to the Bank, which in turn can affect the
memengaruhi reputasi dan tingkat kepercayaan performance and business development of the
masyarakat terhadap Bank, yang pada akhirnya Bank.
dapat memengaruhi kinerja dan perkembangan
usaha Bank.
Identifikasi dan pengukuran risiko kepatuhan The identification and measurement of compliance
dilakukan secara berkala yang antara lain risk is carried out on a regular basis which is based
didasarkan pada pengalaman kerugian di masa lalu on, among other things, the experience of past
yang disebabkan oleh risiko kepatuhan melalui losses caused by compliance risk through risk
perhitungan risiko berdasarkan accounting loss data calculations based on accounting loss data and
dan pengukuran lain melalui parameter profil risiko other measurements through compliance risk profile
kepatuhan. parameters.
Pelaksanaan fungsi kepatuhan merupakan tindakan The implementation of the compliance function is a
yang bersifat preventif (ex-ante) untuk memastikan preventive (ex-ante) action to ensure that the
kegiatan usaha Bank telah sesuai dengan peraturan Bank’s business activities are conducted in
perundang undangan yang berlaku. accordance with applicable laws.
Bank memiliki Divisi Compliance and Quality The Bank has a Compliance and Quality Assurance
Assurance yang bertanggung jawab untuk Division which is responsible for coordinating the
mengkoordinir penerapan tata kelola Perusahaan, implementation of corporate governance, creating a
terwujudnya budaya kepatuhan, tersedianya culture of compliance, providing internal policies
kebijakan internal yang sesuai dengan regulasi that are in accordance with external regulations and
eksternal dan memantau pemenuhan komitmen monitoring the fulfillment of the Bank's
Bank ke Regulator, serta memastikan commitments to regulators, as well as ensuring the
terselenggaranya penerapan strategi anti pencucian implementation of the Bank's anti-money laundering
uang dan pencegahan pendanaan terorisme Bank. strategy and preventing the financing of terrorism.
Risiko Stratejik Strategic Risk
Risiko stratejik adalah risiko akibat ketidaktepatan Strategic risk is the risk due to inaccuracy in making
dalam pengambilan dan/atau pelaksanaan suatu and/or implementing a strategic decision and failure
keputusan strategis serta kegagalan dalam to anticipate changes in the business environment,
mengantisipasi perubahan lingkungan bisnis yang among others derived from the weaknesses in the
antara lain disebabkan kelemahan dalam proses strategy formulation process, inaccuracies in the
formulasi strategi dan ketidaktepatan dalam formulation of strategy, inadequate information
perumusan strategi, sistem informasi yang kurang system, inaccuracies in strategy implementation,
memadai, ketidaktepatan dalam implementasi and setting the strategic goals that are too
strategi dan penetapan tujuan strategis yang terlalu aggressive.
agresif.
Bank merumuskan dan menetapkan target dan Bank formulates and defines the business targets
strategi bisnis yang akan dicapai di dalam rencana and strategies to be achieved in the business plan
bisnis (business plan) dengan mempertimbangkan by considering internal and external factors in
faktor internal dan eksternal sesuai dengan visi dan accordance with Bank’s vision and mission.
misi Bank.
- 200 -
Page 686
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
40. Manajemen Risiko (lanjutan) 40. Risk Management (continued)
Risiko Stratejik Strategic Risk
Bank merumuskan dan menetapkan target dan Bank formulates and defines the business targets
strategi bisnis yang akan dicapai di dalam rencana and strategies to be achieved in the business plan
bisnis (business plan) dengan mempertimbangkan by considering internal and external factors in
faktor internal dan eksternal sesuai dengan visi dan accordance with Bank’s vision and mission.
misi Bank.
Bank mengelola risiko stratejik melalui proses The Bank manages strategic risks through a
pertimbangan dan pengambilan keputusan setiap consideration, and decision-making process
kebijakan strategis secara kolektif dan komprehensif regarding every strategic policy in a collective and
oleh Direksi dan Komite-Komite yang telah dibentuk. comprehensive manner performed by the
established Directors and Committees.
Tujuan utama Bank dalam mengelola risiko stratejik The main objective of the Bank in managing
adalah untuk memastikan bahwa proses manajemen strategic risk is to ensure that the risk management
risiko dapat meminimalkan kemungkinan dampak process can minimize the possibility of negative
negatif dari ketidaktepatan pengambilan keputusan impacts from inaccurate strategic decision making
stratejik dan kegagalan dalam mengantisipasi and failure to anticipate changes in the business
perubahan lingkungan bisnis. Pengelolaan risiko environment. Strategic risk management is carried
stratejik dilaksanakan melalui monitoring, analisis out through monitoring, analysis and evaluation of
dan evaluasi atas pencapaian target dan sasaran the achievement of the Bank's goals and targets in
Bank secara detail dan rutin. detail and routinely.
Bank secara rutin melakukan pengendalian risiko The Bank routinely carries out strategic risk control
stratejik antara lain dengan memantau posisi Bank including by monitoring the Bank's position both
baik antar industri perbankan maupun antar peer among the banking industry and among peer
group, pemantauan realisasi anggaran (rencana groups, monitoring the realization of the realization
bisnis) dan pengukuran lainnya melalui parameter of the budget (business plan) and other
profil risiko stratejik dan dilanjutkan dengan mitigasi measurements through strategic risk profile
faktor penyebab kegagalan dan pelaksanaan parameters and continued by mitigating the factors
pemantauan perkembangan kondisi makro ekonomi causing failure and implementing monitoring on
yang dapat berdampak pada bisnis Bank. developments in macroeconomic conditions that
may have an impact to the Bank's business.
Bank telah memiliki Divisi Strategi Perusahaan yang The Bank has a Corporate Strategy Division which
bertanggung jawab dalam perencanaan, is responsible for planning, managing and
pengelolaan dan pengembangan strategi developing corporate strategy as well as sustainable
Perusahaan serta keuangan berkelanjutan dan finance and ESG.
ESG.
41. Analisis Jatuh Tempo Aset dan Liabilitas 41. Maturity Profile Based on Remaining Period To
Berdasarkan Periode yang Tersisa Maturity
2023
Tidak
> 3 Bulan - Memiliki
1 Tahun/ Jatuh Tempo/
≤ 1 Bulan/ > 1 - 3 Bulan/ > 3 Months - > 1- 5 Tahun/ > 5 Tahun/ without
Total ≤ 1 Months > 1 - 3 Months 1 Year > 1 - 5 Years > 5 Years Maturity
Kas 289.184 289.184 - - - - - Cash
Giro pada Current accounts with
Bank Indonesia 3.205.619 3.205.619 - - - - - Bank Indonesia
Giro pada bank Current accounts with
lain - bruto 342.881 342.881 - - - - - other banks - gross
Penempatan pada Placements with
Bank Indonesia 2.133.567 2.133.567 - - - - - Bank Indonesia
dan bank lain - bruto - - - and other banks - gross
Surat-surat Marketable securities -
berharga - bruto 17.536.249 661.413 336.640 353.954 6.089.466 10.096.776 - gross
Tagihan surat-surat Marketable securities
berharga yang dibeli receivable purchased
dengan janji with agreement
dijual kembali - net 2.572.152 2.388.117 48.404 135.631 - - - to resell - net
Tagihan derivative 3.040 3.040 - - - - - Derivatives payable
Kredit yang diberikan Loans and sharia
dan pembiayaan/ financing/receivables
piutang syariah - bruto 49.418.616 1.455.712 2.346.527 9.755.809 15.165.632 20.694.936 - - gross
Tagihan akseptasi - Acceptances receivable -
bruto 132.577 29.648 71.000 31.929 - - - - gross
Penyertaan saham Investment in shares
bruto 15 - - - - - 15 - gross
- 201 -
Page 687
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
41. Analisis Jatuh Tempo Aset dan Liabilitas 41. Maturity Profile Based on Remaining Period To
Berdasarkan Periode Yang Tersisa (lanjutan) Maturity (continued)
2023
Tidak
> 3 Bulan - Memiliki
1 Tahun/ Jatuh Tempo/
≤ 1 Bulan/ > 1 - 3 Bulan/ > 3 Months - > 1- 5 Tahun/ > 5 Tahun/ without
Total ≤ 1 Months > 1 - 3 Months 1 Year > 1 - 5 Years > 5 Years Maturity
Aset tetap - bersih 3.233.675 - - - - - 3.233.675 Fixed assets - net
Aset pajak tangguhan Deferred tax assets
neto 2.670.542 - - - - - 2.670.542 net
Aset tak berwujud - neto 285.585 - - - - - 285.585 intangible assets - net
Aset lain-lain - bruto 6.068.454 1.064.632 - - - - 5.003.822 Other assets -gross
Total 87.892.156 11.573.813 2.800.571 10.277.323 21.255.098 30.791.712 11.193.639 Total
Cadangan kerugian Allowance for
penurunan nilai (3.584.856) impairment losses
84.307.300
Liabilitas Liabilities
Liabilities
Liabilitas segera 431.402 431.402 - - - - - immediately payable
Simpanan nasabah 44.789.143 22.728.772 9.686.577 12.180.392 193.402 - - Deposits from customers
Simpanan dari bank lain 7.886.721 4.644.351 3.241.370 1.000 - - - Deposits from other banks
Surat-surat berharga Marketable securities sold
yang dijual dengan with agreement to
janji dibeli kembali - neto 219.631 219.631 - - - - - repurchases - net
Liabilitas derivatif 808 808 - - - - - Derivatives payable
Liabilitas akseptasi 132.577 29.648 71.000 31.929 - - - Acceptances payable
Pinjaman yang diterima 11.704.492 1.231.760 2.297.327 8.175.405 - - Borrowings
Hutang pajak 64.635 - - - - - 64.635 Taxes Payable
Surat berharga yang
diterbitkan 3.397.588 - - - 3.397.588 - - Marketable securities
Liabilitas lain-lain 1.570.140 177.588 - 206.373 - 100.344 1.085.835 Other liabilities
Total 70.197.137 29.463.960 12.998.947 14.717.021 11.766.395 100.344 1.150.470 Total
Perbedaan jatuh tempo 17.695.019 (17.890.147) (10.198.376) (4.439.698) 9.488.703 30.691.368 10.043.169 Maturity gap
Aset neto 14.110.163 Net assets
2022
Tidak
> 3 Bulan - Memiliki
1 Tahun/ Jatuh Tempo/
≤ 1 Bulan/ > 1 - 3 Bulan/ > 3 Months - > 1- 5 Tahun/ > 5 Tahun/ without
Total ≤ 1 Months > 1 - 3 Months 1 Year > 1 - 5 Years > 5 Years Maturity
Kas 524.320 524.320 - - - - - Cash
Giro pada Current accounts with
Bank Indonesia 4.140.431 4.140.431 - - - - - Bank Indonesia
Giro pada bank Current accounts with
lain - bruto 744.059 744.059 - - - - - other banks - gross
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - bruto 12.180.830 11.945.155 50.000 185.675 - - - and other banks - gross
Surat-surat Marketable securities -
berharga - bruto 12.009.954 753.768 441.052 1.203.548 4.457.525 5.154.061 - gross
Tagihan derivatif 9.254 9.254 - - - - - Derivatives payable
Kredit yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/receivables -
bruto 50.583.434 773.013 30.551 4.863.605 17.618.090 27.298.175 - gross
Tagihan akseptasi - Acceptances receivable -
bruto 17.346 3.833 10.453 3.060 - - - gross
Penyertaan saham Investment in shares -gross
bruto 15 - - - - - 15 gross
Aset tetap - bersih 3.396.202 - - - - - 3.396.202 Fixed assets - net
Aset pajak tangguhan Deferred tax assets
neto 1.942.151 - - - - - 1.942.151 net
Aset tak berwujud - neto 201.994 - - - - - 201.994 intangible assets - net
Aset lain-lain - bruto 5.872.414 88.722 - - - - 5.783.692 Other assets
Total 91.622.404 18.982.555 532.056 6.255.888 22.075.615 32.452.236 11.324.054 Total
Cadangan kerugian Allowance for
penurunan nilai (1.627.052) impairment losses
89.995.352
Liabilitas Liabilities
Liabilities
Liabilitas segera 388.522 388.522 - - - - - immediately payable
Simpanan nasabah 51.962.371 29.238.273 9.338.237 12.870.049 513.229 2.583 - Deposits from customers
Simpanan dari bank lain 10.381.375 10.381.375 - - - - - Deposits from other banks
Liabilitas derivatif 12.259 12.259 - - - - - Derivatives payable
Liabilitas akseptasi 17.346 3.833 10.453 3.060 - - - Acceptances payable
Pinjaman yang diterima 11.200.130 - 500.000 2.700.000 7.900.564 99.566 - Borrowings
Surat berharga yang
diterbitkan 3.392.717 - - - 2.707.717 685.000 - Marketable securities issued
Liabilitas lain-lain 1.367.530 209.671 - - - 2.000.000 (842.141 ) Other liabilities
Total 78.722.250 40.233.933 9.848.690 15.573.109 11.121.510 2.787.149 (842.141 ) Total
Perbedaan jatuh tempo 12.900.154 (21.251.378) (9.316.634) (9.317.221) 10.954.105 29.665.087 10.481.913 Maturity gap
Aset neto 5.732.755 Net assets
- 202 -
Page 688
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
42. Pengelolaan Permodalan 42. Capital Management
Sasaran utama atas kebijakan pengelolaan The primary objectives of the Bank’s capital
permodalan yang dilakukan oleh Bank adalah untuk management policy are to ensure that the Bank
mematuhi ketentuan permodalan eksternal yang complies with externally imposed capital
berlaku dan untuk mempertahankan rasio requirements and that the Bank maintains healthy
permodalan yang sehat agar dapat mendukung capital ratios in order to support its business and to
usaha dan memaksimalkan nilai bagi pemegang maximize shareholder value.
saham.
Bank mengelola struktur modal dan melakukan The Bank manages its capital structure and makes
penyesuaian atas struktur tersebut terhadap adjustments to that structure to changes in
perubahan kondisi ekonomi dan karakteristik risiko economic conditions and the risk characteristics of
aktivitasnya. Untuk mempertahankan atau its activities. In order to maintain or adjust the capital
menyesuaikan struktur modal tersebut, Bank dapat structure, the Bank may adjust the amount of
menyesuaikan jumlah pembayaran dividen kepada dividend payment to shareholders, return capital to
pemegang saham, mengembalikan modal kepada shareholders or issue capital securities.
pemegang saham atau mengeluarkan saham baru.
Manajemen menggunakan rasio permodalan yang Management uses regulatory capital ratios in order
diwajibkan regulator untuk memantau permodalan to monitor its capital. OJK`s approach to such
Bank. Pendekatan OJK untuk pengukuran tersebut measurement is primarily based on monitoring the
terutama berdasarkan pengawasan atas hubungan relationship of the capital adequacy to availability of
antara kecukupan modal dengan ketersediaan capital resources.
modal.
Bank telah melakukan perhitungan kecukupan The Bank calculated its capital adequacy
modal berdasarkan Peraturan OJK yang berlaku, requirements using the prevailing OJK regulation,
dimana modal yang dimiliki diklasifikasikan dalam where the regulatory capital is classified into 2 (two)
2 (dua) Tier yaitu Modal Tier 1 dan Modal Tier 2. tiers, Tier 1 Capital and Tier 2 Capital.
Bank tidak memiliki modal tambahan yang The Bank does not have any other supplementary
memenuhi kriteria Modal Tier 3 sesuai dengan capital which meets the criteria of Tier 3 Capital
Peraturan OJK yang berlaku. under prevailing OJK regulation.
Perhitungan Kewajiban Penyediaan Modal Minimum The Capital Adequacy Ratio (CAR) calculations for
(KPMM) Bank pada 31 Desember 2023 dan the Bank only as at December 31, 2023 and 2022 in
2022 sesuai dengan Peraturan Otoritas Jasa accordance with the prevailing Financial Services
Keuangan adalah sebagai berikut: Authority Regulations are as follow:
2023 2022
Entitas Induk/ Konsolidasi/ Entitas Induk/ Konsolidasi
Parent Only Consolidated Parent Only Consolidated
Modal Capital
Tier I 7.847.606 9.813.056 5.726.315 6.750.289 Tier I
Tier II 4.317.559 4.392.073 4.778.737 4.788.685 Tier II
Jumlah Modal 12.165.165 14.205.129 10.505.052 11.538.974 Total Capital
Aktiva Tertimbang Menurut Risk Weighted Assets
Risiko untuk Risiko Kredit 42.683.771 48.289.880 52.182.469 55.820.223 for Credit Risk
Aktiva Tertimbang Menurut
Risiko untuk Risiko Risk Weighted Assets
Operasional 2.098.314 2.344.395 2.547.386 3.068.047 for Operational Risk
Aktiva Tertimbang Menurut Risk Weighted Assets
Risiko untuk Risiko Pasar 197.195 197.195 317.510 317.510 for Market Risk
Rasio CET 1 17,45% 19,31% 10,40% 11,40% CET 1 Ratio
Rasio Tier 1 17,45% 19,31% 10,40% 11,40% Tier 1 Ratio
Rasio Tier 2 9,60% 8,64% 8,68% 8,09% Tier 2 Ratio
Total KPMM 27,05% 27,95% 19,08% 19,49% Total CAR
Rasio Kewajiban Penyediaan
Modal Minimum yang Minimum Capital Adequacy
diwajibkan 10-11% 10-11% 10-11% 10-11% Ratio required
Capital conservation buffer 2,50% 2,50% 2,50% 2,50% Capital conservation buffer
Countercyclical buffer 0,00% 0,00% 0,00% 0,00% Countercyclical buffer
Capital surcharge untuk Capital surcharge for
bank sistemik 0,00% 0,00% 0,00% 0,00% systemic bank
Bank mematuhi semua persyaratan modal yang The Bank has complied with all externally imposed
ditetapkan oleh pihak eksternal sepanjang periode capital requirements throughout the reporting period,
pelaporan, khususnya berkenaan dengan particularly regarding Capital Adequacy Ratio (CAR)
perhitungan Kewajiban Penyediaan Modal Minimum and calculation of Risk Weighted Assets (RWA).
(KPMM) dan Aktiva Tertimbang Menurut Risiko
(ATMR).
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PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
42. Pengelolaan Permodalan (lanjutan) 42. Capital Management (continued)
Berdasarkan POJK No.34/POJK.03/2016 tanggal Based on POJK No.34/POJK.03/2016 dated
22 September 2016 tentang Kewajiban Penyediaan September 22, 2016 concerning Capital Adequacy
Modal Minimum, Bank wajib membentuk tambahan Ratio, the Bank is required to establish additional
modal sebagai penyangga (buffer), sebagai berikut: capital as a buffer, as follows:
a. Capital Conservation Buffer adalah tambahan a. Capital Conservation Buffer is an additional
modal yang berfungsi sebagai penyangga capital which serves as a buffer in the event of
(buffer) apabila terjadi kerugian pada periode a loss in the period of crisis;
krisis;
b. Countercyclical Buffer adalah tambahan modal b. Countercyclical Buffer is an additional capital
yang berfungsi untuk mengantisipasi kerugian which serves to anticipated losses in the event
apabila terjadi pertumbuhan kredit perbankan of excessive credit growth and thus potentially
yang berlebihan sehingga berpotensi disrupt the stability of the financial system;
mengganggu stabilitas sistem keuangan;
c. Capital Surcharge untuk Domestic c. Capital Surcharge for Domestic Systemically
Systemically Important Bank (D-SIB) adalah Important Banks (D-SIB) is an additional capital
tambahan modal yang berfungsi untuk which serves to reduce the negative impact on
mengurangi dampak negatif terhadap stabilitas the stability of the financial system and
sistem keuangan dan perekonomian apabila economy in the event of Bank failure which has
terjadi kegagalan Bank yang berdampak systemic effect through an increase in the
sistemik melalui peningkatan kemampuan Bank's ability to absorb losses.
Bank dalam menyerap kerugian.
Tambahan modal sebagai penyangga (buffer) yang Additional capital as a buffer which shall be
wajib dibentuk oleh Bank adalah: established by the Bank are:
a. Capital Conservation Buffer sebesar 2,5% a. Capital Conservation Buffer amounting to 2.5%
dari ATMR untuk Bank yang tergolong dalam of RWA to the Bank classified to KBMI 2 or KBMI
Kelompok Bank berdasarkan Modal Inti KBMI 3 whose fulfillment gradually:
2 atau KBMI 3 yang pemenuhannya secara
bertahap:
• 0,625% dari ATMR mulai 1 Januari 2016; • 0.625% from RWA since January 1, 2016;
• 1,25% dari ATMR mulai 1 Januari 2017; • 1.25% from RWA since January 1, 2017;
• 1,875% dari ATMR mulai 1 Januari 2018; • 1.875% from RWA since January 1, 2018;
• 2,5% dari ATMR mulai 1 Januari 2019. • 2.5% from RWA since January 1, 2019.
b. Countercyclical Buffer sebesar 0% (nol b. Countercyclical Buffer in the amount of 0% (zero
persen) sampai dengan 2,5% (dua koma lima percent) up to 2.5% (two point five percent) from
persen) dari ATMR bagi seluruh Bank. RWA for the whole Bank.
c. Capital Surcharge untuk D-SIB sebesar 1% c. Capital Surcharge for D-SIB in the amount of 1%
(satu persen) sampai dengan 2,5% (dua (one percent) to 2.5% (two point five percent)
koma lima persen) dari ATMR Bank yang from RWA of Banks with systemic impact.
berdampak sistemik.
Pemenuhan modal sebagai penyangga (buffer) Fulfillment of capital as a buffer should be met by
harus dipenuhi dengan menggunakan komponen using components of common equity Tier 1.
modal inti utama (Common Equity Tier 1).
Berdasarkan PBI No. 17/22/PBI/2015 tanggal Based on PBI No. 17/22/PBI/2015 dated
23 Desember 2015 tentang Kewajiban December 23, 2015 concerning the Establishment of
Pembentukan Countercyclical Buffer (CCB) Countercyclical Buffer Obligation stipulated that the
ditetapkan bahwa besaran CCB yang ditetapkan amount of CCB set by Bank Indonesia for the first
oleh Bank Indonesia untuk pertama kali, yaitu mulai time, starting January 1, 2016 amounted to 0% and
1 Januari 2016 adalah sebesar 0% dan berlaku applying to all banks, both conventional commercial
untuk seluruh bank, baik bank umum konvensional bank and islamic banks, including branches of
dan bank umum syariah, termasuk kantor cabang banks domiciled abroad.
dari bank yang berkedudukan di luar negeri.
Sasaran utama atas kebijakan pengelolaan The primary objectives of the Bank’s capital
permodalan yang dilakukan oleh Bank adalah untuk management policy are to ensure that the Bank
mematuhi ketentuan permodalan eksternal yang complies with externally imposed capital
berlaku dan untuk mempertahankan rasio requirements and that the Bank maintains healthy
permodalan yang sehat agar dapat mendukung capital ratios in order to support its business and to
usaha dan memaksimalkan nilai bagi pemegang maximize shareholder value.
saham.
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Page 690
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
42. Pengelolaan Permodalan (lanjutan) 42. Capital Management (continued)
Evaluasi terhadap besaran CCB akan dilakukan The evaluation of the amount of CCB would be
secara berkala, yaitu paling kurang 1 kali dalam 6 done regularly, i.e. at least 1 time within 6 months.
bulan. Dalam hal berdasarkan hasil evaluasi In the case that based on the evaluation determined
ditetapkan bahwa besaran CCB tidak berubah maka where the magnitude of the CCB does not change,
Bank Indonesia akan mengeluarkan pengumuman then Bank Indonesia will issue an announcement on
di website Bank Indonesia dan apabila ditetapkan the website of Bank Indonesia and, if specified
ada perubahan, maka Bank Indonesia akan changes, then Bank Indonesia will issue a Circular
menerbitkan Surat Edaran mengenai perubahan Letter regarding such change.
tersebut.
Berdasarkan POJK No. 46/POJK.03/2015 tanggal According to POJK No. 46/POJK.03/2015 dated
23 Desember 2015 tentang Penetapan Systemically December 23, 2015 concerning the Stipulation of
Important Bank dan Capital Surcharge, ditetapkan Systemically Important Banks and Capital
bahwa Otoritas Jasa Keuangan berkoordinasi Surcharge, the Financial Services Authority in
dengan Bank Indonesia akan menetapkan SIB dan coordination with Bank Indonesia will set SIB and
Capital Surcharge untuk SIB. Bank yang ditetapkan Capital Surcharge for SIB. Banks are defined as SIB
sebagai SIB wajib membentuk Capital Surcharge is required to establish Capital Surcharge for SIB.
untuk SIB.
Penetapan SIB dan Capital Surcharge untuk SIB Determination of SIB and Capital Surcharge for SIB
dilakukan secara semesteran setiap tahun pada: conducted biannually on:
a. Bulan Maret dengan menggunakan data pada a. March using data in December of the previous
bulan Desember tahun sebelumnya; dan year; and
b. Bulan September dengan menggunakan data b. September using data in June of the previous
posisi bulan Juni tahun sebelumnya. year.
Otoritas Jasa Keuangan (OJK) menetapkan Capital Financial Services Authority (FSA) establish Capital
Surcharge untuk SIB dalam 5 kelompok bucket: Surcharge for SIB in 5 Banks of bucket:
a. 1% dari ATMR bagi SIB yang digolongkan a. 1% from RWA for SIB, which classified as
dalam kelompok bucket 1; bucket 1;
b. 1,5% dari ATMR bagi SIB yang digolongkan b. 1.5% from RWA for SIB, which classified as
dalam kelompok bucket 2; bucket 2;
c. 2% dari ATMR bagi SIB yang digolongkan c. 2% from RWA for SIB, which classified as
dalam kelompok bucket 3; bucket 3;
d. 2,5% dari ATMR bagi SIB yang digolongkan d. 2.5% from RWA for SIB, which classified as
dalam kelompok bucket 4; bucket 4;
e. 3,5% dari ATMR bagi SIB yang digolongkan e. 3.5% from RWA for SIB, which classified as
dalam kelompok bucket 5. bucket 5.
Untuk pertama kali, OJK akan menetapkan SIB For the first time, the FSA will set the SIB into
dalam 4 kelompok dimana pemenuhannya 4 buckets where fulfillment is done gradually:
dilakukan secara bertahap:
1. SIB bagi kelompok (bucket) 1 sebesar: 1. SIB for bucket 1 amounted to:
a. 0,25% dari ATMR sejak tanggal 1 Januari a. 0.25% from RWA since January 1, 2016;
2016;
b. 0,5% dari ATMR sejak tanggal 1 Januari b. 0.5% from RWA since January 1, 2017;
2017;
c. 0,75% dari ATMR sejak tanggal 1 Januari c. 0.75% from RWA since January 1, 2018;
2018;
d. 1% dari ATMR sejak tanggal 1 Januari d. 1% from RWA since January 1, 2019.
2019.
2. SIB bagi kelompok (bucket) 2 sebesar: 2. SIB for bucket 2 amounted to:
a. 0,375% dari ATMR sejak tanggal 1 Januari a. 0.375% from RWA since January 1, 2016;
2016;
b. 0,75% dari ATMR sejak tanggal 1 Januari b. 0.75% from RWA since January 1, 2017;
2017;
c. 1,125% dari ATMR sejak tanggal 1 Januari c. 1.125% from RWA since January 1, 2018;
2018;
d. 1,5% dari ATMR sejak tanggal 1 Januari d. 1.5% from RWA since January 1, 2019.
2019.
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Page 691
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
42. Pengelolaan Permodalan (lanjutan) 42. Capital Management (continued)
3. SIB bagi kelompok (bucket) 3 sebesar: 3. SIB for bucket 3 amounted to:
a. 0,5% dari ATMR sejak tanggal 1 Januari a. 0.5% from RWA since January 1, 2016;
2016;
b. 1% dari ATMR sejak tanggal 1 Januari b. 1% from RWA since January 1, 2017;
2017;
c. 1,5% dari ATMR sejak tanggal 1 Januari c. 1.5% from RWA since January 1, 2018;
2018;
d. 2% dari ATMR sejak tanggal 1 Januari d. 2% from RWA since January 1, 2019.
2019.
4. SIB bagi kelompok (bucket) 4 sebesar: 4. SIB for bucket 4 amounted to:
a. 0,625% dari ATMR sejak tanggal 1 Januari a. 0.625% from RWA since January 1, 2016;
2016;
b. 1,25% dari ATMR sejak tanggal 1 Januari b. 1.25% from RWA since January 1, 2017;
2017;
c. 1,875% dari ATMR sejak tanggal 1 Januari c. 1.875% from RWA since January 1, 2018;
2018;
d. 2,5% dari ATMR sejak tanggal 1 Januari d. 2.5% from RWA since January 1, 2019.
2019.
43. Posisi Devisa Neto 43. Net Open Position
Perhitungan Posisi Devisa Neto Bank berdasarkan The Net Open Position calculations for the Bank
pada Peraturan Bank Indonesia No. 17/5/PBI/2015 only are based on Bank Indonesia Regulation
tanggal 29 Mei 2015. Berdasarkan peraturan No. 17/5/PBI/2015 dated May 29, 2015. Based on
tersebut, Bank hanya diwajibkan untuk menjaga such regulation, the Bank is only required to
posisi devisa neto secara keseluruhan maksimum maintain the overall net open position at a maximum
20% dari total modal. of 20% from total capital.
Rasio Posisi Devisa Neto secara keseluruhan The overall Net Open Position ratio is the sum of the
adalah penjumlahan nilai absolut dari selisih bersih absolute values of the net difference between the
antara aset dan liabilitas dalam mata uang asing dan assets and liabilities denominated in each foreign
selisih bersih dari tagihan dan liabilitas komitmen currency and the net difference of the receivables
dan kontinjensi, yang dicatat dalam akun and payables of both commitments and
administratif yang didenominasi dalam setiap mata contingencies recorded in the administrative
uang asing, yang dinyatakan dalam Rupiah. accounts denominated in each foreign currency,
which are stated in Rupiah.
Posisi Devisa Neto Bank pada tanggal 31 Desember Net Open Positions for the Bank as at December
2023 dan 2022 adalah sebagai berikut: 31, 2023 and 2022 are as follows:
2023
Aset/ Liabilitas/ Nilai Neto/
Assets Liabilities Net Value
Mata uang Currency
Keseluruhan (Laporan Overall (Statement
Posisi Keuangan dan of Financial Position
Rekening Administratif) and Off-Balance Sheet)
Dolar Amerika Serikat 15.069.997 15.159.688 89.691 United States Dollar
Yen Jepang 3.851 33.225 29.374 Japanese Yen
Euro Eropa 13.960 15.610 1.650 European Euro
Dolar Australia 9.475 3.179 6.296 Australian Dollar
Poundsterling Inggris 7.177 349 6.828 Great Britain Poundsterling
Dolar Singapura 49.788 2.781 47.007 Singapore Dollar
Lain-lain*) 28.966 12.661 16.305 Others*)
15.183.214 15.227.493 197.151
Total Modal 12.295.211 Total Capital
Rasio Posisi Devisa Neto Net Open Position Ratio
(Keseluruhan) 1,60 (Overall)
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Page 692
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
43. Posisi Devisa Neto (lanjutan) 43. Net Open Position (continued)
2022
Aset/ Liabilitas/ Nilai Neto/
Assets Liabilities Net Value
Mata uang Currency
Keseluruhan (Laporan Overall (Statement
Posisi Keuangan dan of Financial Position
Rekening Administratif) and Off-Balance Sheet)
Dolar Amerika Serikat 15.833.310 15.772.931 60.379 United States Dollar
Yen Jepang 10.730 36.562 25.832 Japanese Yen
Euro Eropa 7.620 12.509 4.889 European Euro
Dolar Australia 7.419 8.861 1.442 Australian Dollar
Poundsterling Inggris 13.265 362 12.903 Great Britain Poundsterling
Dolar Singapura 67.099 21.488 45.611 Singapore Dollar
Lain-lain*) 25.040 10.977 14.063 Others*)
15.964.483 15.863.690 165.119
Total Modal 11.538.974 Total Capital
Rasio Posisi Devisa Neto Net Open Position Ratio
(Keseluruhan) 1,43 (Overall)
44. Perjanjian-Perjanjian Signifikan 44. Significant Agreements
Bank menandatangani beberapa perjanjian penting The Bank entered into several significant
seperti yang tersebut di bawah ini: agreements as follows:
a. Perjanjian Kerja sama dengan PT Bank a. Joint Agreement with PT Bank Pembangunan
Pembangunan Daerah Jambi pada tanggal Daerah Jambi dated June 29, 2020 regarding
29 Juni 2020 mengenai Jual Beli Piutang dan the Sale and Purchase of Receivables and
Pembiayaan Bersama dengan jenis kredit pension loans Joint Financing. The maximum
pensiunan. Jumlah maksimal plafond limit of financing is Rp35,000,000,000 (full
pembiayaan adalah sebesar Rp35.000.000.000 amount) with a maximum term of 15 years and
(nilai penuh) dengan jangka waktu maksimal the maximum age of the debtor is 75 years at
15 tahun dan umur debitur maksimal 75 tahun the end of the credit agreement.
pada saat perjanjian kredit berakhir.
Porsi pembiayaan Bersama yang telah The portion of joint financing that has been
disepakati adalah PT Bank Pembangunan agreed upon is PT Bank Pembangunan Daerah
Daerah Jambi sebesar 90% dan Bank sebesar at 90% and Bank at 10% of the total joint
10% dari total pembiayaan bersama. financing.
b. Perjanjian Kerja sama dengan PT Bank b. Joint Agreement with PT Bank Tabungan
Tabungan Pensiunan Nasional Tbk (BTPN) Pensiunan Nasional Tbk (BTPN) dated June 7,
pada tanggal 7 Juni 2018 mengenai Jual Beli 2018 regarding the Sale and Purchase of
Piutang dan Pengalihan Piutang dengan Receivables and Transfer of Pension Loans
jenis kredit pensiunan. Jumlah maksimal Receivables. The maximum limit of financing is
plafond pembiayaan adalah sebesar Rp2,000,000,000,000 (full amount) with a
Rp2.000.000.000.000 (nilai penuh) dengan maximum term of 15 years and the maximum
jangka waktu maksimal 15 tahun dan umur age of the debtor is 75 years at the end of the
debitur maksimal 75 tahun pada saat perjanjian credit agreement.
kredit berakhir.
Porsi pembiayaan Bersama yang telah The portion of joint financing that has been
disepakati adalah PT BTPN sebesar 90% dan agreed upon is PT BTPN at 90% and Bank at
Bank sebesar 10% dari total pembiayaan 10% of the total joint financing.
bersama.
c. Perjanjian Kerja sama dengan PT Bank Woori c. Joint Agreement with PT Bank Woori Saudara
Saudara Indonesia 1906 Tbk pada tanggal Indonesia 1906 Tbk dated July 21, 2020
21 Juli 2020 mengenai Jual Beli Piutang regarding the Sale and Purchase of
dan Pengalihan Piutang dengan jenis Receivables and pension loans Joint Financing.
kredit pensiunan. Jumlah maksimal The maximum limit of financing is
plafond pembiayaan adalah sebesar Rp500,000,000,000 (full amount) with a
Rp500.000.000.000 (nilai penuh) dengan maximum term of 15 years and the maximum
jangka waktu maksimal 15 tahun dan umur age of the debtor is 75 years at the end of the
debitur maksimal 75 tahun pada saat perjanjian credit agreement.
kredit berakhir.
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Page 693
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
44. Perjanjian-Perjanjian Signifikan (lanjutan) 44. Significant Agreements (continued)
Porsi pembiayaan Bersama yang telah The portion of joint financing that has been
disepakati adalah PT Bank Woori Saudara agreed upon is PT Bank Woori Saudara
Indonesia 1906 Tbk sebesar 90% dan Bank Indonesia 1906 Tbk at 90% and Bank at 10% of
sebesar 10% dari total pembiayaan bersama. the total joint financing.
d. Perjanjian Kerja sama dengan PT Bank d. Joint Agreement with PT Bank Perkreditan
Perkreditan Rakyat Dhaha Ekonomi pada Rakyat Dhaha Ekonomi dated September 26,
tanggal 26 September 2019 mengenai Jual Beli 2019 regarding the Sale and Purchase of
Piutang dan Pembiayaan Bersama dengan Receivables and pension loans Joint Financing.
jenis kredit pensiunan. Jumlah maksimal The maximum limit of financing is
plafond pembiayaan adalah sebesar Rp5,000,000,000 (full amount) with a maximum
Rp5.000.000.000 (nilai penuh) dengan jangka term of 15 years and the maximum age of the
waktu maksimal 15 tahun dan umur debitur debtor is 75 years at the end of the credit
maksimal 75 tahun pada saat perjanjian kredit agreement.
berakhir.
Porsi pembiayaan Bersama yang telah The portion of joint financing that has been
disepakati adalah PT Bank Perkreditan Rakyat agreed upon is PT Bank Perkreditan Rakyat
Dhaha Ekonomi sebesar 95% dan Bank Dhaha Ekonomi at 95% and Bank at 5% of the
sebesar 5% dari total pembiayaan bersama. total joint financing.
e. Perjanjian Kerja sama dengan PT Bank e. Joint Agreement with PT Bank Tabungan
Tabungan Negara (Persero) Tbk (BTN) pada Negara (Persero) Tbk (BTN) dated July 8, 2020
tanggal 8 Juli 2020 mengenai Jual Beli Piutang regarding the Sale and Purchase of
dan Pembiayaan Bersama dengan jenis Receivables and Joint Financing with pension
kredit pensiunan. Jumlah maksimal loans. The maximum limit of financing is
plafond pembiayaan adalah sebesar Rp500,000,000,000 (full amount) with a
Rp500.000.000.000 (nilai penuh) dengan maximum term of 15 years and the maximum
jangka waktu maksimal 15 tahun dan umur age of the debtor is 75 years at the end of the
debitur maksimal 75 tahun pada saat perjanjian credit agreement.
kredit berakhir.
Porsi pembiayaan Bersama yang telah The portion of joint financing that has been
disepakati adalah PT Bank Tabungan Negara agreed upon is PT Bank Tabungan Negara
(Persero) Tbk (BTN) sebesar 90% dan Bank (Persero) Tbk (BTN) at 90% and Bank at 10%
sebesar 10% dari total pembiayaan bersama. of the total joint financing.
f. Perjanjian Kerjasama dengan PT Bank KB f. Cooperation Agreement with PT Bank KB
Bukopin Syariah pada tanggal 29 Desember Bukopin Syariah on December 29, 2020
2020 mengenai perjanjian tentang Investasi regarding the agreement regarding
Mudharabah Subordinasi. PT Bank Subordinated Mudharabah Investment.
KB Bukopin Tbk memberikan investasi sebesar PT Bank KB Bukopin Tbk provides an
Rp275.000.000.000 (nilai penuh) kepada investment of Rp275,000,000,000 (full amount)
PT Bank KB Bukopin Syariah. to PT Bank KB Bukopin Syariah.
Kedua pihak sepakat dan mengikatkan diri atas Both parties agreed and committed themselves
penyediaan dana dengan Mudharabah (bagi to providing funds with Mudharabah (profit
hasil) dengan nisbah bagi hasil dengan porsi sharing) with a profit sharing ratio with each
masing-masing pihak adalah PT Bank KB party's portion, namely PT Bank KB Bukopin
Bukopin Tbk sebesar 70% dan PT Bank KB Tbk at 70% and PT Bank KB Bukopin Syariah
Bukopin Syariah sebesar 30%. at 30%.
g. Transaksi penjualan kredit portofolio LAR (Loan g. LAR (Loan at Risk) portofolio credit sales
at Risk) ke SPC IDMB United Pte Ltd transaction to SPC IDMB United Pte Ltd
di Singapura. Kredit nominal in Singapore. Credit nominal
Rp4.135.377.534.505 (nilai penuh) dan Bank Rp4,135,377,534,505 (full amount) and Bank
ditunjuk sebagai collecting agent dengan appointed as collecting agent in exchange for a
imbalan mendapat Collection Fee sebesar 1% Collection Fee of 1% of nominal collection and
dari nominal penagihan dan Management Fee Management Fee of 0.25% of outstanding
sebesar 0,25% dari outstanding principal. principal.
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Page 694
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
44. Perjanjian-Perjanjian Signifikan (lanjutan) 44. Significant Agreements (continued)
h. Transaksi penjualan kredit portofolio LAR (Loan h. LAR (Loan at Risk) portofolio credit sales
at Risk) ke SMMK Pte Ltd transaction to SMMK Pte Ltd
di Singapura. Kredit nominal in Singapore. Credit nominal
Rp3.813.072.530.214 (nilai penuh) dan KB Rp3,813,072,530,214 (full amount) and KB
Bukopin ditunjuk sebagai collecting agent Bukopin appointed as collecting agent in
dengan imbalan mendapat Collection Fee exchange for a Collection Fee of 1% of nominal
sebesar 1% dari nominal penagihan dan collection and Management Fee of 0.25% of
Management Fee sebesar 0,25% dari outstanding principal.
outstanding principal.
i. Pada tanggal 28 September 2022 Bank i. On September 28, 2022 Bank acquired sharia
membeli surat berharga syariah yaitu Sukuk marketable securities Sukuk Wakalah BI Al-
Wakalah BI Al-Istitsmar yang diterbitkan oleh Istitsmar issued by PT Perusahaan Pengelola
PT Perusahaan Pengelola Aset (Persero) Aset (Persero) amounting to Rp2,432,000 with
senilai Rp2.432.000 dengan jangka waktu 15 maturity date to 15 years (September 28, 2022 -
tahun (28 September 2022 - 28 September September 28, 2037) and yield of 0.75% per
2037) dan imbal hasil senilai 0,75% per tahun. annum.
45. Jaminan Pemerintah terhadap Kewajiban 45. Government Guarantee for The Payment of
Pembayaran Bank Umum Obligations of Commercial Banks
Pada tanggal 13 Oktober 2008, Presiden Republik On October 13, 2008, the President of the Republic
Indonesia menetapkan Peraturan Pemerintah of Indonesia approved Government Regulation
No. 66 Tahun 2008 tentang besaran nilai simpanan No. 66 Year 2008 regarding the amount of deposits
yang dijamin Lembaga Penjaminan Simpanan. guaranteed by Lembaga Penjaminan Simpanan.
Berdasarkan Peraturan tersebut, nilai simpanan Based on such Regulation, the guaranteed deposit
yang dijamin untuk setiap nasabah pada satu Bank amount in a Bank which previously according to
yang semula berdasarkan Undang-Undang No. 24 Law No. 24 Year 2004 amounted to a maximum of
Tahun 2004 ditetapkan maksimum Rp100 diubah Rp100 was amended to a maximum amount of
menjadi maksimum Rp2.000. Rp2,000.
Berdasarkan Undang-Undang Republik Indonesia Based on the Law of the Republic of Indonesia
No. 7 Tahun 2009, Perusahaan Pemerintah No. 7 Year 2009, Government Regulation in lien of
pengganti undang-undang tentang Lembaga law on Lembaga Penjaminan Simpanan has been
Penjaminan Simpanan telah ditetapkan menjadi set into law since January 13, 2009.
undang-undang sejak tanggal 13 Januari 2009.
46. Nilai Wajar Instrumen Keuangan 46. Fair Value of Financial Instruments
Tabel di bawah ini menyajikan perbandingan atas The table presents the comparison, of the carrying
nilai tercatat dengan nilai wajar dari instrumen amounts and fair value of the Group financial
keuangan Grup yang tercatat dalam laporan instruments that are recognized in the consolidated
keuangan konsolidasian: financial statements:
2023
Nilai Wajar
Diukur pada melalui
Nilai Wajar Penghasilan
melalui Komprehensif Lain/ Biaya Total Nilai
Laba Rugi/ Fair Value Perolehan Tercatat/
Fair Value through Other Diamortisasi/ Total
through Comprehensive Amortized Carrying Nilai Wajar/
Profit or Loss Income Cost Amount Fair Value
Aset Assets
Kas - - 289.184 289.184 289.184 Cash
Giro pada Current accounts with
Bank Indonesia - - 3.205.619 3.205.619 3.205.619 Bank Indonesia
Giro pada bank Current accounts with
lain - neto - - 342.581 342.581 342.581 other banks - net
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - neto - - 2.133.567 2.133.567 2.133.567 and other banks - net
- 209 -
Page 695
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
46. Nilai Wajar Instrumen Keuangan (lanjutan) 46. Fair Value of Financial Instruments (continued)
2023
Nilai Wajar
Diukur pada melalui
Nilai Wajar Penghasilan
melalui Komprehensif Lain/ Biaya Total Nilai
Laba Rugi/ Fair Value Perolehan Tercatat/
Fair Value through Other Diamortisasi/ Total
through Comprehensive Amortized Carrying Nilai Wajar/
Profit or Loss Income Cost Amount Fair Value
Surat-surat Marketable
berharga - neto 5.322.930 3.067.387 9.145.823 17.536.140 17.536.140 securities - net
Surat-surat berharga Marketable securities
yang dibeli dengan janji sold with agreement
dijual kembali - neto - - 2.572.152 2.572.152 2.572.152 to ressel receivable - net
Tagihan derivatif - - 3.040 3.040 3.040 Derivative receivables
Kredit yang diberikan Loans
dan pembiayaan/ and sharia
piutang syariah - financing/receivables
neto - - 45.835.782 45.835.782 45.835.782 - net
Tagihan akseptasi - Acceptances
neto - - 130.964 130.964 130.964 receivable - net
Penyertaan saham - Investments in
neto - - 15 15 15 shares - net
Aset lain-lain - - 1.272.119 1.272.119 1.272.119 Other asset
Total 5.322.930 3.067.387 64.930.846 73.321.163 73.321.163 Total
Liabilitas Liabilities
Liabilitas Liabilities immediately
segera - - 431.402 431.402 431.402 payable
Simpanan Deposits from
nasabah - - 44.789.143 44.789.143 44.789.143 customers
Simpanan dari bank Deposits from
lain - - 7.886.721 7.886.721 7.886.721 other banks
Liabilitas derivatif - - 808 808 808 Derivatives payable
Surat-surat berharga Marketable securities
yang dijual dengan sold with agreement
janji dibeli kembali - neto - - 219.631 219.631 219.631 to ressel receivable - net
Liabilitas akseptasi - - 132.577 132.577 132.577 Acceptances payable
Pinjaman yang
diterima - - 11.704.492 11.704.492 11.704.492 Borrowings
Surat berharga yang Marketable
diterbitkan - - 3.397.588 3.397.588 3.397.588 securities issued
Liabilitas lain-lain - - 1.570.140 1.570.140 1.570.140 Other Liabilities
Total - - 70.132.502 70.132.502 70.132.502 Total
2022
Nilai Wajar
Diukur pada melalui
Nilai Wajar Penghasilan
melalui Komprehensif Lain/ Biaya Total Nilai
Laba Rugi/ Fair Value Perolehan Tercatat/
Fair Value through Other Diamortisasi/ Total
through Comprehensive Amortized Carrying Nilai Wajar/
Profit or Loss Income Cost Amount Fair Value
Aset Assets
Kas - - 524.320 524.320 524.320 Cash
Giro pada Current accounts with
Bank Indonesia - - 4.140.431 4.140.431 4.140.431 Bank Indonesia
Giro pada bank Current accounts with
lain - neto - - 743.970 743.970 743.970 other banks - net
Penempatan pada Placements with
Bank Indonesia Bank Indonesia
dan bank lain - neto - - 12.180.830 12.180.830 12.180.830 and other banks - net
Surat-surat Marketable
berharga - neto 3.362.099 588.835 8.058.944 12.009.878 12.009.878 securities - net
Tagihan derivatif 9.254 - - 9.254 9.254 Derivative receivables
Kredit yang diberikan
dan pembiayaan/ Loans and sharia
piutang syariah - financing/
neto - - 48.956.758 48.956.758 48.956.758 receivables - net
Tagihan akseptasi - Acceptances
neto - - 17.135 17.135 17.135 receivable - net
Penyertaan saham - Investments in
neto - - 15 15 15 shares - net
Aset lain-lain - - 807.707 807.707 807.707 Other asset
3.371.353 588.835 75.430.110 79.390.298 79.390.298
- 210 -
Page 696
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
46. Nilai Wajar Instrumen Keuangan (lanjutan) 46. Fair Value of Financial Instruments (continued)
2022
Nilai Wajar
Diukur pada melalui
Nilai Wajar Penghasilan
melalui Komprehensif Lain/ Biaya Total Nilai
Laba Rugi/ Fair Value Perolehan Tercatat/
Fair Value through Other Diamortisasi/ Total
through Comprehensive Amortized Carrying Nilai Wajar/
Profit or Loss Income Cost Amount Fair Value
Liabilitas Liabilities
Liabilities immediately
Liabilitas segera - - 388.522 388.522 388.522 payable
Deposits from
Simpanan nasabah - - 51.962.370 51.962.370 51.962.370 customers
Simpanan dari bank Deposits from
lain - - 10.381.375 10.381.375 10.381.375 other banks
Liabilitas derivatif 12.259 - - 12.259 12.259 Derivatives payable
Liabilitas akseptasi - - 17.346 17.346 17.346 Acceptances payable
Pinjaman yang
diterima - - 11.200.131 11.200.131 11.200.131 Borrowings
Surat berharga yang Marketable
diterbitkan - - 3.392.718 3.392.718 3.392.718 securities issued
Liabilitas lain-lain - - 1.367.530 1.367.530 1.367.530 Other Liabilities
Total 12.259 - 78.709.992 78.722.251 78.722.251 Total
Berikut metode dan asumsi yang digunakan untuk The following methods and assumptions are used to
perkiraan nilai wajar: estimate the fair value:
Nilai wajar aset dan liabilitas keuangan tertentu Fair values of certain financial assets and liabilities
selain surat berharga yang diukur melalui harga other than securities measured at amortised cost
perolehan yang diamortisasi dan biaya perolehan, and acquisition cost marketable securities,
pinjaman yang diterima, dan surat berharga yang borrowings, and securities issued approximate their
diterbitkan mendekati nilai tercatat, karena carrying amounts due to short-term maturities of
instrumen keuangan tersebut memiliki jangka waktu these financial instruments, due to the interest rate
jatuh tempo yang singkat dan memiliki tingkat bunga is at market rate and carried at fair value.
sesuai pasar.
Nilai wajar dari surat berharga yang diukur melalui The fair value of marketable securities amortized
harga perolehan yang diamortisasi dan biaya cost and acquisition cost marketable securities is
perolehan ditentukan berdasarkan harga kuotasi determined on the basis of quoted market price as
pasar yang berlaku pada 31 Desember 2023 dan at December 31, 2023 and December 31, 2022.
2022.
Nilai wajar dari pinjaman yang diterima dan surat The fair value of borrowings and securities issued is
berharga yang diterbitkan dihitung menggunakan calculated using discounted cash flows using market
arus kas yang didiskonto berdasarkan suku bunga rate.
pasar.
Tabel di bawah ini menyajikan nilai wajar instrumen The table below shows the fair value of financial
keuangan berdasarkan hierarki yang digunakan instruments based on the hierarchy used by the
Bank untuk menentukan dan mengungkapkan nilai Bank in determining and disclosing the fair value of
wajar dari instrumen keuangan: financial instruments:
a. Tingkat 1: Dikutip dari harga di pasar aktif untuk a. Level 1: Quoted prices in active markets for
aset atau liabilitas keuangan yang identik; identical financial assets or liabilities;
b. Tingkat 2: Yang melibatkan input selain dari b. Level 2: Those involving inputs other than
harga kuotasi yang termasuk dalam Tingkat 1 quoted prices included in Level 1 that are
yang dapat diobservasi untuk aset dan liabilitas, observable for the asset or liability, either
baik secara langsung (seperti harga) atau tidak directly (as prices) or indirectly (derived from
langsung (berasal dari harga); prices);
c. Tingkat 3: Input untuk aset dan liabilitas yang c. Level 3: Those with inputs for the asset or
tidak berdasarkan pada data yang dapat di liability that are not based on observable market
observasi di pasar (input yang tidak dapat data (unobservable inputs).
diobservasi).
- 211 -
Page 697
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
46. Nilai Wajar Instrumen Keuangan (lanjutan) 46. Fair Value of Financial Instruments (continued)
2023
Pengukuran Nilai Wajar pada Tanggal Pelaporan Menggunakan/
Fair Value Measurement as at Reporting Date Using:
Nilai Tercatat/ Tingkat/ Tingkat/ Tingkat/
Carrying Amount Level 1 Level 2 Level 3
Aset keuangan yang diukur Financial asset measured
pada nilai wajar at fair value
Diukur pada nilai wajar melalui Fair value through
laba rugi: profit or loss:
Tagihan derivatif 3.040 3.040 - - Derivative receivables
Surat-surat berharga 5.322.930 13 5.322.917 - Marketable securities
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain: comprehensive income:
Surat-surat berharga 3.067.387 3.067.387 - - Marketable securities
Aset keuangan yang nilai Financial asset of which the
wajarnya diungkapkan Fair value is disclosed
Biaya perolehan di amortisasi: Amortized cost:
Surat-surat berharga 9.145.823 7.811.762 - 1.334.061 Marketable securities
Kredit yang diberikan
dan piutang: Loans and receivables:
Pinjaman yang diberikan dan
pembiayaan/piutang Loans and sharia
Syariah 45.835.782 - 45.835.782 - financing/receivables
Liabilitas keuangan yang nilai which the fair value is
wajarnya diungkapkan disclosed
Biaya perolehan diamortisasi: Amortized cost:
Surat berharga yang
diterbitkan 3.397.588 - 3.397.588 - Marketable securities issued
Pinjaman yang diterima 11.704.492 - 11.704.492 - Borrowings
2022
Pengukuran Nilai Wajar pada Tanggal Pelaporan Menggunakan/
Fair Value Measurement as at Reporting Date Using:
Nilai Tercatat/ Tingkat/ Tingkat/ Tingkat/
Carrying Amount Level 1 Level 2 Level 3
Aset keuangan yang diukur Financial asset measured
pada nilai wajar at fair value
Diukur pada nilai wajar melalui Fair value through
laba rugi: profit or loss:
Tagihan derivatif 9.254 9.254 - - Derivative receivables
Surat-surat berharga 3.362.099 716.047 2.646.052 - Marketable securities
Nilai wajar melalui penghasilan Fair value through other
komprehensif lain: comprehensive income:
Surat-surat berharga 588.835 588.835 - - Marketable securities
Aset keuangan yang nilai Financial asset of which the
wajarnya diungkapkan Fair value is disclosed
Biaya perolehan di amortisasi: Amortized cost:
Surat-surat berharga 8.058.944 6.804.733 - 1.254.211 Marketable securities
Kredit yang diberikan
dan piutang: Loans and receivables:
Pinjaman yang diberikan dan
pembiayaan/piutang Loans and sharia
Syariah 48.956.758 - 48.956.758 - financing/receivables
Financial liabilities of
Liabilitas keuangan yang nilai which the fair value is
wajarnya diungkapkan disclosed
Biaya perolehan diamortisasi: Amortized cost:
Surat berharga yang
diterbitkan 3.392.718 - 3.392.718 - Marketable securities issued
Pinjaman yang diterima 11.200.131 - 11.200.131 - Borrowings
Pada tanggal 31 Desember 2023 dan 2022 tidak As at December 31, 2023 and 2022 there is no
terdapat aset keuangan atau liabilitas keuangan financial assets and financial liabilities transfer out of
yang ditransfer dari/ke tingkat 2 dan/atau tingkat 3. or into level 2 and/or level 3.
- 212 -
Page 698
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit 47. Credit Quality Analysis
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Losses
Peningkatan Risiko Kredit Secara Signifikan Significant Increase in Credit Risk
Ketika menentukan apakah risiko gagal bayar pada When determining whether the risk of default on
instrumen keuangan telah meningkat secara financial instruments has increased significantly
signifikan sejak pengakuan awal, Grup since initial recognition, the Group considers
mempertimbangkan informasi yang wajar dan reasonable and supported relevant information that
terdukung, serta relevan yang tersedia tanpa biaya is available without excessive costs or efforts. This
atau upaya yang berlebihan. Hal tersebut mencakup includes quantitative and qualitative information and
informasi dan analisa kuantitatif dan kualitatif, analysis, based on historical experience and credit
berdasarkan pada pengalaman historis dan expert assessments and including forward-looking
penilaian pakar kredit dan termasuk perkiraan masa estimates.
depan (forward-looking).
Tujuan dari penilaian ini adalah untuk The purpose of this assessment is to identify
mengidentifikasi apakah peningkatan risiko kredit whether a significant increase in credit risk of
secara signifikan atas eksposur telah terjadi dengan exposure has occurred by comparing:
membandingkan:
• Probability of Default (PD) atas umur tersisa • Probability of Default (PD) for the remaining age
pada tanggal pelaporan; dengan at the reporting date; with
• Probability of Default (PD) atas umur tersisa • Probability of Default (PD) for the estimated
yang di estimasi pada saat pengakuan awal remaining age at initial recognition of the
eksposur (jika relevan, disesuaikan dengan exposure (if relevant, adjusted for change in
perubahan ekspektasi pembayaran dimuka). expectations of prepayment).
Grup menggunakan kriteria berikut dalam The Group use these criteria for determining
menentukan apakah peningkatan risiko kredit whether there has been a significant increase in
secara signifikan atas eksposur telah terjadi: credit:
• pengujian kuantitatif berdasarkan perubahan • • quantitative test based on movement in PD;
Probability of Default (PD);
• indikator kualitatif. • qualitative indicators.
Credit Risk Grades Credit Risk Grades
Grup mengalokasikan setiap eksposur ke credit risk The Group allocated each exposure to credit risk
grades berdasarkan variasi data yang ditentukan grades based on a variety of data that is determined
dapat memprediksi risiko gagal bayar dan to predict the risk of default and apply credit
menerapkan pengalaman atas kredit. Credit risk experience judgement. Credit risk grades are
grades ditetapkan menggunakan faktor kualitatif dan determined using qualitative and quantitative factors
kuantitatif yang dapat mengindikasikan risiko gagal that can indicate the risk of default. These factors
bayar. Faktor-faktor ini bervariasi tergantung pada vary depending on the nature of the exposure and
sifat eksposur dan jenis peminjam. the type of borrower.
Credit risk grades ditetapkan dan dikalibrasi Credit risk grades are determined and calibrated in
sedemikian rupa sehingga risiko terjadinya gagal such a way that the risk of default is increasing
bayar meningkat secara eksponensial seiring exponentially as credit risk rating decreases, for
dengan penurunan rating risiko kredit, sebagai example, the difference between credit risk rating
contoh, selisih antara credit risk rating grades 1 dan grades 1 and 2 is smaller than the difference
2 lebih kecil dari pada selisih antara credit risk rating between credit risk rating grades 2 and 3.
grades 2 dan 3.
Setiap eksposur dialokasikan ke credit risk grades Each exposure is allocated to credit risk grades at
pada pengakuan awal berdasarkan informasi yang initial recognition based on available information
tersedia tentang peminjam. Eksposur ini dipantau about the borrower. This exposure is monitored on
secara berkelanjutan, dan dapat mengakibatkan an ongoing basis, and can result in the exposure
eksposur dipindahkan ke credit risk grades yang being transferred to different credit risk grades.
berbeda. Pemantauan biasanya menggunakan data Monitoring usually uses the following data: financial
berikut: laporan keuangan, penggunaan fasilitas statements, use of credit facilities, estimates of
kredit, estimasi kondisi ekonomi. economic conditions.
- 213 -
Page 699
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Credit Risk Grades (lanjutan) Credit Risk Grades (continued)
Penentuan Struktur Probability of Default Determination of the Probability of Default Structure
Credit risk grades adalah input utama dalam Credit risk grades are the main input in determining
penentuan struktur PD term structure atas eksposur. the PD term structure of the exposure. The Bank
Bank mengumpulkan informasi kinerja dan gagal collects performance and default information about
bayar tentang eksposur risiko kredit yang dianalisa credit risk exposures, which are analyzed by
berdasarkan yurisdiksi atau wilayah dan menurut jurisdiction or region and by product and borrower
jenis produk dan peminjam serta penilaian risiko type as well as credit risk assessment. For some
kredit. Untuk beberapa portofolio, informasi yang portfolios, information purchased from external
dibeli dari penilai kredit eksternal juga digunakan. credit assessors is also used.
Bank menggunakan model statistik untuk The Bank uses a statistical model to analyze the
menganalisa data yang dikumpulkan dan collected data and produce an estimate of the
menghasilkan perkiraan probability of default (PD) probability of default (PD) for the remaining life and
atas umur tersisa dan bagaimana hal ini how this is expected to change as a result of the
diperkirakan akan berubah sebagai akibat dari passage of time.
berlalunya waktu.
Analisa ini mencakup identifikasi dan kalibrasi This analysis includes the identification and
hubungan antara perubahan tingkat gagal bayar dan calibration of the relationship between changes in
perubahan dalam faktor-faktor makro ekonomi default rates and changes in key macroeconomic
utama serta analisa mendalam tentang dampak factors as well as an in-depth analysis of the impact
faktor-faktor lain tertentu (misalkan restrukturisasi) of other certain factors (e.g. restructuring) on the
pada risiko gagal bayar. Untuk sebagian besar risk of default. For most exposures, the main
eksposur, indikator makro ekonomi utama meliputi: macroeconomic indicators include: GDP growth,
pertumbuhan PDB, suku bunga acuan, dan tingkat benchmark interest rates, and the unemployment
pengangguran. Untuk eksposur pada industri rate. For exposures in certain industries and/or
dan/atau wilayah tertentu, analisa dapat mencakup regions, the analysis can include commodity prices
harga komoditas dan/atau harga properti yang and/or, relevant property prices.
relevan.
Penentuan Terjadinya Peningkatan Risiko Kredit Determination of Significant Increase in Credit Risk
Secara Signifikan
Grup mempergunakan sejumlah kriteria untuk The Group uses several criteria for determining that
menentukan telah terjadi peningkatan risiko kredit credit risk has increased significantly.
secara signifikan.
Kriteria tersebut ditetapkan menggunakan faktor The criteria are determined using quantitative and
kuantitatif dan kualitatif termasuk penentuan qualitative factors including determination based on
berdasarkan status hari tunggakan yang dapat arrear day status that can indicate significant
mengindikasikan telah terjadi peningkatan risiko increase in credit risk since initial recognition.
kredit yang signifikan terhadap saat awal diberikan.
Grup dimungkinkan menggunakan penilaian dari The Group can also use the judgement of credit
analis kredit dan pengalaman historis yang relevan, analysts and, if possible, relevant historical
dalam menentukan bahwa eksposur mungkin saja experience, in determining that the exposure may
telah mengalami peningkatan risiko kredit yang have experienced a significant increase in credit
signifikan berdasarkan indikator kualitatif tertentu risk based on certain qualitative indicators that are
yang dianggap dapat mengindikasikan hal tersebut considered to indicate this and their effects may not
dimana pengaruhnya mungkin belum sepenuhnya be fully reflected in quantitative analysis in
tercermin pada saat dilakukan analisis kuantitatif. comprehensive manner on a timely manner.
Grup menentukan bahwa peningkatan risiko kredit The Group determines that a significant increase in
secara signifikan belum terjadi apabila masih kurang credit risk has not occurred if it is still less than 30
dari 30 hari tunggakan. Hari tunggakan ditentukan days in arrears. Arrear days are determined by
dengan menghitung jumlah hari sejak tanggal jatuh counting the number of days from the initial due
tempo awal dimana pembayaran penuh belum date where full payment has not been received.
diterima. Tanggal jatuh tempo ditentukan tanpa The due date is determined without considering the
mempertimbangkan masa tenggang yang mungkin grace period that might be available to the
tersedia bagi peminjam. borrower.
- 214 -
Page 700
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Credit Risk Grades (lanjutan) Credit Risk Grades (continued)
Grup memantau efektivitas kriteria yang digunakan The Group monitors the effectiveness of the criteria
dalam mengidentifikasi peningkatan risiko kredit used in identifying significant increases in credit risk
yang signifikan dengan cara reviu berkala. by periodic review.
Modifikasi Aset Keuangan Modification of Financial Assets
Ketentuan kontraktual pinjaman dapat dimodifikasi Loan contractual terms can be modified for
untuk beberapa alasan, termasuk perubahan kondisi a number of reasons, including changes in market
pasar, retensi pelanggan dan faktor-faktor lain yang conditions, customer retention and other factors not
tidak terkait dengan penurunan kredit saat ini. related to the current credit decline. Loans with
Pinjaman yang ketentuan kontraktualnya modified contractual terms can cause the initial
dimodifikasi dapat menyebabkan pinjaman awal loan to be derecognized and recognized the
dihentikan pengakuannya dan pinjaman hasil modified loan as a new loan at fair value.
modifikasi diakui sebagai pinjaman baru pada nilai
wajar.
Ketika ketentuan kontraktual pinjaman dimodifikasi When the contractual terms of the loan are
dan tidak mengakibatkan penghentian pengakuan, modified and do not result in termination of
penentuan terjadinya peningkatan risiko kredit recognition, determining the occurrence of a
secara signifikan dilakukan dengan cara significant increase in credit risk is done by
membandingkan: comparing:
• sisa PD sepanjang umur pada tanggal • PD remainder life at reporting date based on
pelaporan berdasarkan ketentuan yang modified provision; with
dimodifikasi; dengan
• sisa PD sepanjang umur yang diestimasi • Residual PD throughout the estimated age
berdasarkan data pada saat pengakuan awal based on data at initial recognition and initial
dan ketentuan kontraktual awal. contractual provisions.
Bank menganggap aset keuangan dalam keadaan The Bank considers financial assets as default
default/gagal bayar ketika: when:
• Debitur tidak mungkin membayar kewajiban • The debtor is unlikely to pay its credit obligation
kreditnya secara penuh, tanpa bantuan in full, without assistance (recourse) from the
(recourse) dari Bank; atau Bank; or
• Debitur telah melewati jatuh tempo lebih dari 90 • The debtors have past due more than 90 days
hari atas kewajiban kredit material apa pun for any material credit obligations to the Bank.
kepada Bank.
Dalam menilai apakah debitur dalam keadaan In assessing whether a debtor is in default, the Bank
default/gagal bayar, Bank mempertimbangkan considers the following indicators:
indikator berikut:
• Kualitatif seperti pelanggaran persyaratan • Qualitative such as violations of the terms of the
penjanjian (covenants); agreement (covenants);
• Kuantitatif seperti status tunggakan; dan • Quantitative such as arrears status; and
• Berdasarkan data yang dikembangkan secara • Based on data developed internally and
internal dan diperoleh dari sumber eksternal. obtained from external sources.
- 215 -
Page 701
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Input, Asumsi, dan Teknik yang digunakan Inputs, Assumptions, and Techniques used in
dalam mengestimasi penurunan nilai estimating impairment
Penggunaan informasi perkiraan masa depan Use of forward-looking information
(forward-looking)
Bank menggunakan informasi forward-looking dalam The Bank uses forward-looking information in
menilai apakah telah terjadinya peningkatan risiko assessing whether there has been a significant
kredit secara signifikan dan pengukuran kerugian increase in credit risk and measurement of expected
kredit ekspektasian. Berdasarkan saran dari Komite credit losses. Based on advice from the Risk
Manajemen Risiko, pakar ekonomi dan Management Committee, economists and
pertimbangan berbagai informasi aktual dan consideration of various actual information and
perkiraan eksternal, Bank merumuskan pandangan external forecast, the Bank formulated a base case
dasar (base case) tentang pergerakan variabel for the movement of relevant economic variables in
ekonomi yang relevan dimasa depan serta perkiraan future as well as forecasts of other possible
skenario lain yang mungkin terjadi. Proses ini scenarios. This process involves developing two or
meliputi pengembangan dua atau lebih skenario more additional economic scenarios and considering
ekonomi tambahan dan mempertimbangkan the relative probabilities of the possible outputs.
probabilitas relatif dari keluaran (output) yang External information includes economic data and
mungkin. Informasi eksternal mencakup data estimates published by, such as government
ekonomi dan perkiraan yang diterbitkan oleh, seperti agencies and selected private sector analysts and
badan pemerintah dan analis sektor swasta dan academics.
akademisi terpilih.
Pandangan dasar (base case) mencerminkan The base case reflects the output with the highest
keluaran dengan probabilitas yang paling tinggi dan probability and is used in strategic planning and
digunakan dalam perencanaan strategis dan budgeting. Another scenario, reflects more
anggaran. Skenario yang lain, mencerminkan optimistic outputs and more pessimistic outputs.
keluaran yang lebih optimis dan keluaran yang lebih
pesimis.
Skenario ekonomi yang dirumuskan menggunakan The economic scenario is formulated using the
kisaran indikator utama berikut: following range of key indicators:
2023 2024
Tingkat pengangguran dasar 8%/base 8% dasar 8%/base 8% Unemployment rate
Kisaran antara 7 hingga 10%/ Kisaran antara 7 hingga 10%/
Range between 7 and 10% Range between 7 and 10%
Suku bunga dasar 1%/base 1% dasar 1%/base 1% Interest rates
Kisaran antara 0,5 hingga Kisaran antara 0,5 hingga
2%/Range between 0.5 and 2%/Range between 0.5 and 2%
2%
Pertumbuhan PDB dasar 1,5%/base 1.5% dasar 1,5%/base 1.5% GDP growth
Kisaran antara 0 hingga Kisaran antara 0 hingga 2,5%/
2,5%/ Range between 0 and Range between 0 and 2.5%
2.5%
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Loss
Input utama dalam pengukuran kerugian kredit The main inputs in measuring expected credit loss
ekspektasian adalah variabel berikut : are the following variables:
• Probability of Default (PD) • Probability of Default (PD)
• Loss of Given Default (LGD) • Loss of Given Default (LGD)
• Exposure at Default (EAD) • Exposure at Default (EAD)
Parameter ini umumnya berasal dari model statistik These parameters generally come from statistical
yang dikembangkan secara internal dan data historis models that are developed internally and other
lainnya. Parameter ini disesuaikan untuk historical data. This parameter is adjusted to reflect
mencerminkan informasi forward-looking. forward-looking information.
- 216 -
Page 702
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Loss
(lanjutan) (continued)
Estimasi PD adalah estimasi pada tanggal tertentu, PD estimation is an estimate on a certain date,
yang dihitung berdasarkan model peringkat statistik, which is calculated based on a statistical ranking
dan dinilai menggunakan rating yang disesuaikan model, and is assessed using a rating that is
dengan berbagai kategori dari debitur dan eksposur. adjusted to various categories of debtors and
Model statistik ini didasarkan pada data yang exposures. This statistical model is based on data
disusun secara internal yang terdiri dari faktor compiled internally consisting of quantitative and
kuantitatif dan kualitatif. qualitative factors.
LGD adalah besarnya kerugian jika terjadi gagal LGD is the amount of loss if there is a default. LGD
bayar. Parameter LGD diestimasi secara historis parameters are historically estimated based on the
berdasarkan tingkat pemulihan atas klaim terhadap level of recovery of claims against debtors who
debitur yang gagal bayar. Model LGD default. The LGD model considers the structure,
mempertimbangkan struktur, jaminan, senioritas collateral, claim seniority, the debtor industry, and
klaim, industri debitur, dan biaya pemulihan setiap the cost of recovering any collateral that is an
jaminan yang merupakan bagian integral dari aset integral part of a financial asset.
keuangan.
EAD merepresentasikan estimasi eksposur jika EAD represents the estimated exposure in case of
terjadi gagal bayar. EAD suatu aset keuangan default. EAD of a financial asset is the gross
adalah jumlah tercatat bruto. Untuk komitmen carrying amount. For loan commitments and
pinjaman dan jaminan keuangan, EAD mencakup financial guarantees, EAD includes the amount that
jumlah yang telah ditarik, serta jumlah potensial di has been withdrawn, as well as potential future
masa depan yang akan ditarik, yang diestimasi amounts to be withdrawn, which are estimated
berdasarkan pengamatan historis dan perkiraan based on historical observations and forward-
berwawasan ke depan (forward-looking). looking estimates.
Ketika pemodelan parameter dilakukan secara When parameter modeling is done collectively,
kolektif, instrumen keuangan dikelompokkan financial instruments are grouped according to the
berdasarkan kesamaan karakteristik risiko yang similarity of risk characteristics which include:
meliputi:
• jenis instrumen; • type of instrument;
• peringkat risiko kredit; • credit risk rating;
• jenis agunan; • type of collateral;
• tanggal pengakuan awal; • date of initial recognition;
• sisa waktu jatuh tempo; • remaining due date;
• industri; dan • industry; and
• lokasi geografis debitur. • debtor’s geographical location.
a. Analisis risiko kredit berdasarkan internal rating a. Credit risk analysis based on internal rating grades:
grades:
2023
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Kredit yang diberikan
yang diukur pada
biaya perolehan
yang diamortisasi Loans at amortized cost
Grade 1 39.904.538 614.341 160.916 - 40.679.795 Grade 1
Grade 2 1.056.648 3.326.041 2.009 - 4.384.698 Grade 2
Grade 3 - - 410.030 - 410.030 Grade 3
Grade 4 - - 348.669 - 348.669 Grade 4
Grade 5 - - 3.595.424 - 3.595.424 Grade 5
Total 40.961.186 3.940.382 4.517.048 - 49.418.616 Total
- 217 -
Page 703
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Loss
(lanjutan) (continued)
2023
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Cadangan kerugian kredit (908.096) (498.218) (2.176.520) - (3.582.834) Loss allowance
Nilai Tercatat 40.053.090 3.442.164 2.340.528 - 45.835.782 Carrying Amount
2022
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Kredit yang diberikan
yang diukur pada
biaya perolehan
yang diamortisasi Loans at amortized cost
Grade 1 45.330.369 531.223 46.770 - 45.908.362 Grade 1
Grade 2 172.744 1.103.118 227 - 1.276.089 Grade 2
Grade 3 - - 415.888 - 415.888 Grade 3
Grade 4 - - 372.500 - 372.500 Grade 4
Grade 5 - - 2.610.595 - 2.610.595 Grade 5
Total 45.503.113 1.634.341 3.445.980 - 50.583.434 Total
Cadangan kerugian kredit (535.853) (104.609) (986.214) - (1.626.676) Loss allowance
Nilai Tercatat 44.967.260 1.529.732 2.459.766 - 48.956.758 Carrying Amount
Cadangan kerugian kredit untuk aset keuangan Allowance for credit losses for financial assets
yang diklasifikasikan pada nilai wajar melalui classified as fair value through other
penghasilan komprehensif lain tidak diakui pada comprehensive income is not recognized in the
laporan posisi keuangan karena nilai tercatat statement of financial position because the
aset keuangan tersebut adalah nilai wajar. carrying value of the financial assets is the fair
value.
b. Analisis risiko kredit berdasarkan probability of b. Credit risk analysis based on probability of
default: default:
2023
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Kredit yang diberikan
yang diukur pada
biaya perolehan
yang diamortisasi Loans at amortized cost
0,00-0,10 40.961.186 - 72.497 - 41.030.683 0.00-0.10
0,11-0,40 - 3.940.382 11.447 - 3.951.829 0.11-0.40
0,41-1,00 - - 4.433.104 - 4.433.104 0.41-1.00
Total 40.961.186 3.940.382 4.517.048 - 49.418.616 Total
- 218 -
Page 704
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Pengukuran Kerugian Kredit Ekspektasian Measurement of Expected Credit Loss
(lanjutan) (continued)
2023
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Cadangan kerugian kredit (908.096) (498.218) (2.176.520) - (3.582.834) Loss allowance
Nilai Tercatat 40.053.090 3.442.164 2.340.528 - 45.835.782 Carrying Amount
2022
Kerugian
Kredit atas
Kerugian Kerugian Aset Keuangan
Kredit Kredit yang Dibeli atau
Sepanjang Sepanjang Berasal dari
Umurnya - Umurnya - Aset Keuangan
Kerugian Kredit Tidak Kredit yang Memburuk/
Kredit Memburuk/ Memburuk/ Purchased
Ekspektasian Lifetime Lifetime or Credit
12 Bulan/ ECL - No Credit ECL - Credit Impaired
12 Months ECL Impaired Impaired Financial Assets Total
Kredit yang diberikan
yang diukur pada
biaya perolehan
yang diamortisasi/ Loans at amortized cost
0,00-0,10 45.503.113 973.589 2.501.999 - 48.978.701 0.00-0.10
0,11-0,40 - 531.916 182.934 - 714.850 0.11-0.40
0,41-1,00 - 128.836 761.047 - 889.883 0.41-1.00
Total 45.503.113 1.634.341 3.445.980 - 50.583.434 Total
Cadangan kerugian kredit (535.853) (104.609) (986.214) - (1.626.676) Loss allowance
Nilai Tercatat 44.967.260 1.529.732 2.459.766 - 48.956.758 Carrying Amount
Analisa Sensitivitas Kerugian Kredit Sensitivity Analysis of Expected Credit Loss
Ekspektasian Terhadap Kondisi Ekonomi Masa for Future Economic Conditions
Depan
Aset Keuangan
yang Diukur
pada Nilai
Wajar melalui
Penghasilan
Aset Keuangan Komprehensif
yang Diukur Lain/
Rasio Kerugian Kredit pada Biaya Financial Assets
Ekspektasian Terhadap Perolehan Measured at
Aset Keuangan Pada Diamortisasi/ Fair Value
31 Desember 2023/ Financial asset Through Other
ECL Ratio to Financial Assets Measured at Comprehensive Total/
at December 31, 2023 Amortized Cost Income Total
Kerugian kredit ekspektasian
yang dilaporkan 3.582.834 - 3.582.834 Reported ECL
Nilai tercatat bruto 49.418.616 - 49.418.616 Gross carrying amount
Rasio kerugian kredit
ekspektasian yang
dilaporkan terhadap ECL ratio to gross
nilai tercatat bruto 7,25% - 7,25% carrying amount
- 219 -
Page 705
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
47. Analisa Kualitas Kredit (lanjutan) 47. Credit Quality Analysis (continued)
Analisa Sensitivitas Kerugian Kredit Sensitivity Analysis of Expected Credit Loss
Ekspektasian Terhadap Kondisi Ekonomi Masa for Future Economic Conditions (continued)
Depan (lanjutan)
2023 2024 2025 2026 2027
Skenario Moderat Moderate Scenario
Neraca Transaksi Berjalan (% PDB Tahunan) 91,58% 105,12% 117,06% 127,84% 137,76% Current Account (% GDP Yearly)
Tingkat Inflasi -4,54% -5,15% -5,70% -6,19% -6,64% Inflation Rate
Anggaran Pemerintah (% PDB) 37,41% 38,59% 39,16% 39,41% 39,46% Fiscal Balance (% GDP)
BI Rate 23,94% 24,15% 24,13% 24,03% -23,92% BI Rate
Index Keyakinan Konsumer 8,64% 8,64% 8,64% 8,64% 8,64% Consumer Confidence Index
Pembentukan Modal Tetap Bruto 70,95% 71,09% 71,11% 71,12% 71,12% Gross Fixed Capital Formation
Belanja Pemerintah 10,54% 10,45% 10,28% 10,08% 9,88% Government Expenditure
Index Harga Konsumen 7,32 -4,44 14,79 24,16 -83,31 Consumer Price Index
Produksi Industri 5,89% 6,21% 6,44% 6,61% 6,73% Industrial Production
Harga Minyak 83,92 90,10 95,26 99,68 103,53 Oil Price
Hutang Rumah Tangga 9,73% 9,65% 9,59% 9,52% 9,47% Household Debt
Skenario Optimis Upside Scenario
Neraca Transaksi Berjalan (% PDB Tahunan) 152,63% 175,21% 195,09% 213,07% 229,61% Current Account (% GDP Yearly)
Tingkat Inflasi -7,56% -8,59% -9,49% -10,31% -11,07% Inflation Rate
Anggaran Pemerintah (% PDB) 62,35% 64,31% 65,27% 65,68% 65,77% Fiscal Balance (% GDP)
BI Rate 39,90% 40,25% 40,22% 40,05% -39,86% BI Rate
Index Keyakinan Konsumer 14,40% 14,40% 14,40% 14,40% 14,40% Consumer Confidence Index
Pembentukan Modal Tetap Bruto 118,25% 118,48% 118,52% 118,53% 118,53% Gross Fixed Capital Formation
Belanja Pemerintah 17,57% 17,41% 17,13% 16,80% 16,47% Government Expenditure
Index Harga Konsumen 12,20 -7,39 -24,66 -40,26 138,85 Consumer Price Index
Produksi Industri 9,82% 10,35% 10,73% 11,01% 11,22% Industrial Production
Harga Minyak 139,87 150,17 158,76 166,13 172,56 Oil Price
Hutang Rumah Tangga 16,22% 16,09% 15,98% 15,87% 15,78% Household Debt
Skenario Pesimis Downside Scenario
Neraca Transaksi Berjalan (% PDB Tahunan) 61,05% 70,08% 78,04% 85,23% 91,84% Current Account (% GDP Yearly)
Tingkat Inflasi -3,02% -3,44% -3,80% -4,13% -4,43% Inflation Rate
Anggaran Pemerintah (% PDB) 24,94% 25,72% 26,11% 26,27% 26,31% Fiscal Balance (% GDP)
BI Rate 15,96% 16,10% 16,09% 16,02% -15,94% BI Rate
Index Keyakinan Konsumer 5,76% 5,76% 5,76% 5,76% 5,76% Consumer Confidence Index
Pembentukan Modal Tetap Bruto 47,30% 47,39% 47,41% 47,41% 47,41% Gross Fixed Capital Formation
Belanja Pemerintah 7,03% 6,96% 6,85% 6,72% 6,59% Government Expenditure
Index Harga Konsumen 4,88 -2,96 -9,86 -16,10 55,54 Consumer Price Index
Produksi Industri 3,93% 4,14% 4,29% 4,40% 4,49% Industrial Production
Harga Minyak 55,95 60,07 63,50 66,45 69,02 Oil Price
Hutang Rumah Tangga 6,49% 6,44% 6,39% 6,35% 6,31% Household Debt
48. Rugi Per Saham 48. Loss Per Share
Berikut adalah perhitungan rugi bersih per saham The following presents the computations of basic
dasar dan dilusian: and diluted loss per share:
2023
Rugi
Tahun Berjalan
yang Dapat Rata-rata
Diatribusikan Tertimbang
Kepada Pemilik Jumlah Saham
Entitas Induk/ Dasar/ Rugi
Loss Weighted per Saham
for the Period Average (Nilai Penuh)/
Attributable to Number of Loss
Equity Holders Ordinary Shares per Share
The Parent Entity Outstanding (Full Amount)
Rugi per saham dasar/ Basic/ diluted
dilusian (6.034.077) 98.277.584.070 (61) loss per share
- 220 -
Page 706
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
48. Rugi Per Saham (lanjutan) 48. Loss Per Share (continued)
2022
Rugi
Tahun Berjalan
yang Dapat Rata-rata
Diatribusikan Tertimbang
Kepada Pemilik Jumlah Saham
Entitas Induk/ Dasar/ Rugi
Loss Weighted per Saham
for the Period Average (Nilai Penuh)/
Attributable to Number of Loss
Equity Holders Ordinary Shares per Share
The Parent Entity Outstanding (Full Amount)
Rugi per saham dasar/ Basic/ diluted
dilusian (5.027.460) 67.887.540.178 (74) loss per share
49. Transaksi Non-Kas 49. Non-Cash Transaction
2023 2022
Keuntungan yang
belum direalisasi atas
surat-surat berharga Unrealized gain from
diukur pada nilai wajar melalui fair value through other
penghasilan komprehensif lain comprehensive income
setelah pajak tangguhan 4.938 (54.704) marketable securities - net
Revaluasi aset tetap - 77.837 Revaluation of fixed assets
Reklasifikasi aset tetap ke aset Reclassification of fixed assets
terbengkalai 24.151 - to abandoned assets
50. Informasi Tambahan 50. Additional Information
Pada tanggal 31 Desember 2023 dan 2022 As at December 31, 2023 and 2022 additional
informasi tambahan untuk Bank adalah sebagai information regarding the Bank is as follows (Bank
berikut (Bank saja): only):
2023 2022
Rasio aset produktif bermasalah Non-performing assets to
terhadap total aset produktif 6,37% 4,09% total earning assets ratio
Rasio kredit terhadap
dana pihak ketiga 113,18% 98,48% Loans to third party fund ratio
Rasio total beban operasional Total operating expenses
terhadap total pendapatan to total operating income
operasional 223,28% 222,62% ratio
Rasio kredit kepada Usaha Mikro
Kecil (UMK) terhadap total Small micro business loans
kredit yang diberikan 46,92% 53,51% to total loans ratio
Sesuai dengan peraturan POJK No. 38/ Based on OJK regulation No. 38/POJK.03/2019
POJK.03/2019 tentang Perubahan atas related to the Changes of POJK No. 32/
POJK No. 32/POJK.03/2018 tentang Batas POJK.03/2018 related to Legal Lending Limit and
Maksimum Pemberian Kredit dan Penyediaan Dana Provision of Large Funds for Commercial Banks, the
Besar Bagi Bank Umum, batas maksimum maximum lending limit to related parties, one non-
penyediaan dana kepada pihak terkait, satu related party debtor, and one non-related party
peminjam yang bukan pihak terkait dan satu group of debtors shall not exceed 10%, 20%, and
kelompok peminjam yang bukan pihak terkait 25% of the Bank’s capital, respectively.
masing-masing tidak melebihi 10%, 20%, dan 25%
dari modal Bank.
- 221 -
Page 707
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
50. Informasi Tambahan (lanjutan) 50. Additional Information (continued)
Pada tanggal 31 Desember 2023 tidak terdapat As at December 31, 2023 there is no excess of the
pelampauan BMPK. Pada 31 Desember 2021 LLL. As at December 31, 2021, there was an excess
terdapat pelampauan BMPK terkait penjaminan of the LLL related to loan guarantees in the context
kredit dalam rangka penerapan teknik Manajemen of implementing Credit Risk Management
Risiko Kredit. Pelampauan BMPK ini merupakan techniques. The excess of the LLL is an impact of
dampak penurunan Modal Inti yang dialami oleh the declining in Core Capital experience by the
Bank. Pelampauan BMPK ini telah diselesaikan Bank. This excess of the LLL has been resolved in
pada Januari 2022. January, 2022.
51. Aset dan Liabilitas Dalam Mata Uang Asing 51. Assets and Liabililities in Foreign Currencies
Saldo aset dan liabilitas moneter dalam mata uang The balances of monetary assets and liabilities in
asing adalah sebagai berikut: foreign currencies are as follows :
2023 2022
Mata Uang Mata Uang
Asing Asing
(dalam ribuan)/ Ekuivalen (dalam ribuan)/ Ekuivalen
Foreign Rupiah/ Foreign Rupiah/
Currency Rupiah Currency Rupiah
(in thousand) Equivalent (in thousand) Equivalent
ASET ASSETS
Kas: Cash:
Dolar Amerika Serikat 560 8.627 482 7.337 United States Dollar
Euro Eropa 112 1.901 116 1.734 European Euro
Dolar Singapura 46 540 119 1.263 Singapore Dollar
Dolar Australia 19 201 23 228 Australian Dollar
Lain-lain (ekuivalen USD) 102 1.575 11 170 Others (USD equivalent)
Sub-total 12.844 10.732 Sub-total
Current accounts with
Giro pada Bank Indonesia: Bank Indonesia:
Dolar Amerika Serikat 7.563 116.440 13.689 208.441 United States Dollar
Current accounts with
Giro pada bank lain: other banks:
Dolar Amerika Serikat 9.952 153.231 36.902 561.918 United States Dollar
Dolar Singapura 3.837 44.801 5.258 55.969 Singapore Dollar
Dolar Hong Kong 4.959 9.774 1.437 2.788 Hong Kong Dollar
Euro Eropa 481 8.193 143 2.141 European Euro
Dolar Australia 731 7.689 282 2.790 Australian Dollar
Poundsterling Inggris 358 7.018 770 13.100 Great Britain Poundsterling
Yuan Cina 2.624 5.694 3.026 6.495 Chinese Yuan
Won Korea 186 2.211 38.422 409 Korean Won
Yen Jepang 16.550 1.804 97.147 10.250 Japanese Yen
Sub-total 240.415 655.860 Sub-total
Placements with Bank
Penempatan pada Bank Indonesia and other
Indonesia dan bank lain: banks:
Dolar Amerika Serikat 22.000 338.734 206.510 3.144.635 United States Dollar
Surat-surat berharga: Marketable securities:
Dolar Amerika Serikat 388.446 5.980.901 307.689 4.685.333 United States Dollar
Yuan China 1.292 2.803 2.475 5.312 Chinese Yuan
Sub-total 5.983.704 4.690.645 Sub-total
Tagihan akseptasi: Acceptance receivables:
Dolar Amerika Serikat 6.644 102.298 468 7.134 United States Dollar
Yuan Cina 4.090 8.875 4.758 10.212 Chinese Yuan
Sub-total 111.173 17.346 Sub-total
Tagihan derivatif: Derivative receivables:
Dolar Amerika Serikat 197 3.040 608 9.254 United States Dollar
- 222 -
Page 708
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
51. Aset Dan Liabilitas Dalam Mata Uang Asing 51. Assets And Liabililities In Foreign Currencies
(lanjutan) (continued)
2023 2022
Mata Uang Mata Uang
Asing Asing
(dalam ribuan)/ Ekuivalen (dalam ribuan)/ Ekuivalen
Foreign Rupiah/ Foreign Rupiah/
Currency Rupiah Currency Rupiah
(in thousand) Equivalent (in thousand) Equivalent
Kredit yang diberikan dan Loans and sharia
pembiayaan/piutang syariah: financing/receivables:
Dolar Amerika Serikat 326.533 5.027.636 215.246 3.277.656 United States Dollar
Euro Eropa 128 2.185 142 2.127 European Euro
Sub-total 5.029.821 3.279.783 Sub-total
Aset lain-lain: Other assets:
Dolar Amerika Serikat 1.282 19.793 1.962 29.872 United States Dollar
Total aset 11.855.964 12.046.568 Total assets
LIABILITAS LIABILITIES
Liabilities immediately
Liabilitas segera: payable:
Dolar Amerika Serikat 96 1.471 1.357 20.659 United States Dollar
China Yuan 183 398 101 216 Chinese Yuan
Dolar Hongkong 197 388 - - Hong Kong Dollar
Euro Eropa 20 341 - - European Euro
Yen Jepang 2.560 279 - - Japanese Yen
Poundsterling Inggris 8 149 8 143 Great Britain Poundsterling
Dolar Singapura 0 3 565 6.014 Singapore Dollar
Dolar Australia - - 1 9 Australian Dollar
Sub-total 3.029 27.041 Sub-total
Liabilitas akseptasi: Acceptance liabilities:
Dolar Amerika Serikat 6.644 102.298 468 7.134 United States Dollar
Yuan Cina 4.090 8.875 4.758 10.212- Chinese Yuann
Sub-total 111.173 - Sub-total
Giro: Demand deposits:
Dolar Amerika Serikat 27.138 417.845 23.507 357.951 United States Dollar
Yen Jepang 295.789 32.241 332.928 35.127 Japanese Yen
Dolar Singapura 62 722 328 3.491 Singapore Dollar
Dolar Australia 41 432 44 439 Australian Dollar
Euro Eropa 15 262 26 383 European Euro
Poundsterling Inggris 2 35 3 48 Great Britain Poundsterling
Sub-total 451.537 397.439 Sub-total
Tabungan: Saving deposits:
Dolar Amerika Serikat 3.369 51.876 7.398 112.659 United States Dollar
Euro Eropa 64 1.087 72 1.083 European Euro
Dolar Singapura 18 210 64 684 Singapore Dollar
Dolar Australia 27 319 34 335 Australian Dollar
Yen Jepang 1.963 214 2.840 300 Japanese Yen
Poundsterling Inggris 1 7 1 8 Great Britain Poundsterling
Sub-total 53.713 115.069 Sub-total
Deposito berjangka: Time deposits:
Dolar Amerika Serikat 226.658 3.489.847 206.890 3.150.417 United States Dollar
Dolar Australia 80 842 371 3.674 Australian Dollar
Euro Eropa 139 2.376 154 2.312 European Euro
Dolar Singapura 54 635 78 826 Singapore Dollar
Yen Jepang - - 464 49 Japanese Yen
Sub-total 3.493.700 3.157.278 Sub-total
- 223 -
Page 709
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
51. Aset Dan Liabilitas Dalam Mata Uang Asing 51. Assets And Liabililities In Foreign Currencies
(lanjutan) (continued)
2023 2022
Mata Uang Mata Uang
Asing Asing
(dalam ribuan)/ Ekuivalen (dalam ribuan)/ Ekuivalen
Foreign Rupiah/ Foreign Rupiah/
Currency Rupiah Currency Rupiah
(in thousand) Equivalent (in thousand) Equivalent
Simpanan dari bank lain: Deposit from other banks:
Dolar Amerika Serikat 500.000 7.698.500 664.513 10.118.875 United States Dollar
Pinjaman yang diterima: Borrowings:
Dolar Amerika Serikat 81.249 1.251.005 3.834 58.378 United States Dollar
Liabilitas derivatif: Derivative payables:
Dolar Amerika Serikat 53 808 805 12.259 United States Dollar
Liabilitas lain-lain: Other liabilities:
Dolar Amerika Serikat 2.034 31.320 4.158 63.323 United States Dollar
Dolar Australia - - 0 3 Australian Dollar
Dolar Singapura - - 0 1 Singapore Dollar
Euro Eropa 0 1 0 1 European Euro
Yuan Cina 0 7 - Chinese Yuan
31.328 63.328
Total liabilitas 13.094.793 13.967.013 Total liabilities
52. Pernyataan Standar Akuntansi Keuangan 52. Issued and revised statements of financial
(PSAK) dan Interpretasi Standar Akuntansi accounting standards (SFAS) and Interpretation
Keuangan (ISAK) yang dikeluarkan dan direvisi Of Financial Accounting Standards (IFAS)
Perubahan Pernyataan Standar Akuntansi Changes to the Statements of Financial Accounting
Keuangan (PSAK) Standards (SFAS)
Diterapkan pada tahun 2023 Adopted during 2023
Penerapan standar akuntansi keuangan revisi The implementation of the following revised financial
berikut, yang berlaku efektif 1 Januari 2023, relevan accounting standards, which are effective from
bagi Perusahaan namun tidak menyebabkan January 1, 2023 and relevant for the Company, did
perubahan signifikan atas kebijakan akuntansi not result in substantial changes to the Company’s
Perusahaan dan tidak berdampak material terhadap accounting policies and had no material effect on
jumlah-jumlah yang dilaporkan dalam laporan the amounts reported in the current or prior year’s
keuangan tahun berjalan maupun sebelumnya: financial statements:
- Amendemen PSAK No. 1: “Penyajian Laporan - Amendment to SFAS No. 1: “Presentation of
Keuangan” tentang Pengungkapan Kebijakan Financial Statements” regarding Disclosure of
Akuntansi yang Mengubah Istilah “Signifikan” Accounting Policies that Change the Term
menjadi “Material” dan Memberi Penjelasan “Significant” to “Material” and Provide
mengenai Kebijakan Akuntansi Material; Explanations of Material Accounting Policies;
- Amendemen PSAK No. 16, Aset Tetap: Hasil - Amendment to SFAS No. 16, Property, Plant
sebelum Penggunaan yang Diintensikan; and Equipment: Proceeds before Intended Use;
- Amendemen PSAK No. 25, Kebijakan - Amendment to SFAS No. 25, Accounting
Akuntansi, Perubahan Estimasi Akuntansi dan Policies, Changes in Accounting Estimates and
Kesalahan: Definisi Estimasi Akuntansi; Erros: Definition of Accounting Estimates;
- Amendemen PSAK No. 46, Pajak Penghasilan: - Amendment to SFAS No. 46, Income Taxes:
Pajak Tangguhan terkait Aset dan Liabilitas Deferred Tax related to Assets and Liabilities
yang Timbul dari Transaksi Tunggal; Arising from a Single Transaction;
- Amendemen PSAK No. 107, “Akuntansi - Amendment to SFAS No. 107, “Ijarah
Ijarah”; Accounting”;
- 224 -
Page 710
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
52. Pernyataan Standar Akuntansi Keuangan 52. Issued and revised statements of financial
(PSAK) dan Interpretasi Standar Akuntansi accounting standards (SFAS) and Interpretation
Keuangan (ISAK) yang dikeluarkan dan direvisi Of Financial Accounting Standards (IFAS)
(lanjutan) (continued)
- PSAK 1 (Amendemen): “Penyajian Laporan - SFAS 1 (Amendment): “Presentation of
Keuangan: Klasifikasi Liabilitas sebagai Jangka Financial Statements: Classification of
Pendek atau Jangka Panjang”; Liabilities as Current or Non-current”;
- PSAK 1 (Amendemen): “Penyajian Laporan - SFAS 1 (Amendment): “Presentation of
Keuangan: Pengungkapan Kebijakan Financial Statements: Disclosure of Accounting
Akuntansi”; Policies”;
- PSAK 16 (Amendemen): “Aset Tetap: Hasil - SFAS 16 (Amendment): “Property, Plant and
Sebelum Penggunaan yang Diintensikan”; Equipment: Proceeds before Intended Use”;
- PSAK 25 (Amendemen): “Kebijakan Akuntansi, - SFAS 25 (Amendment): “Accounting Policies,
Perubahan Estimasi Akuntansi, dan Changes in Accounting Estimates and Errors:
Kesalahan: Definisi Estimasi Akuntansi”; Definition of Accounting Estimates”;
- PSAK 46 (Amendemen): “Pajak Penghasilan: - SFAS 46 (Amendment): “Income Tax: Deferred
Pajak Tangguhan terkait Aset dan Liabilitas Tax related to Assets and Liabilities arising
yang timbul dari Transaksi Tunggal yang from a Single Transaction which adopted from
diadopsi dari Amendemen IAS 12 Income Amended IAS 12 Income Taxes on Deferred
Taxes tentang Deferred Tax related to Assets Tax related to Assets and Liabilities arising
and Liabilities arising from a Single from a Single Transaction”;
Transaction”;
- PSAK 73 (Amendemen): “Sewa: terkait - SFAS 73 (Amendment): “Leases: regarding
liabilitas sewa pada transaksi jual dan sewa- lease liabilities in sale-and-lease back
balik”; transactions”;
- PSAK 107 (Amendemen): “Akuntansi Ijarah”. - SFAS 107: “Ijarah Accounting”.
Telah diterbitkan namun belum berlaku efektif Issued but not yet effective
1 Januari 2024 January 1, 2024
- Amandemen PSAK No. 1, “Penyajian Laporan - Amendment to SFAS No. 1, “Presentation of
Keuangan” terkait Liabilitas Jangka Panjang Financial Statements” regarding Long-term
dengan Kovenan Liabilities with the Covenant
- Amandemen PSAK No. 73, “Sewa” terkait - Amendment to SFAS No. 73, “Leases”
Liabilitas Sewa pada Transaksi Jual dan Sewa- regarding Lease Liabilities in Sale-and-lease
balik Back Transaction
- Standar Akuntansi Keuangan Internasional - International Financial Accounting Standard
1 Januari 2025 January 1, 2025
- PSAK No. 74, “Kontrak Asuransi” - SFAS No. 74, “Insurance Contracts”
- PSAK No. 74 (Amandemen): “Kontrak - SFAS No. 74 (Amendment): “Insurance
Asuransi: Penerapan Awal PSAK No. 74 dan Contracts: Initial Application of SFAS No. 74
PSAK No. 71 - Informasi Komparatif” and SFAS No. 71 - Comparative Information”
- Amandemen PSAK No. 10, “Pengaruh - Amendment to SFAS No. 10, “Impact on
Perubahan Kurs Valuta Asing: Kekurangan Changes in Foreign Currency: Lack of
Ketertukaran” Exchangeability”.
Sampai dengan tanggal penerbitan laporan As at the date of authorization of these financial
keuangan, Bank masih mempelajari dampak yang statements, the Bank is still evaluating the potential
mungkin timbul dari penerapan amendemen PSAK impact of the above amendments to SFAS and has
tersebut dan dampak tersebut pada laporan not yet determined the related effects on the
keuangan belum dapat ditentukan. financial statements.
- 225 -
Page 711
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
53. Informasi Tambahan Arus Kas 53. Additional Information on Cash Flow
Rekonsiliasi liabilitas yang timbul dari aktivitas Reconciliation of liabilities that arising from financing
pendanaan adalah sebagai berikut: activities is as follows:
Perubahan Non Kas/
Non Cash Changes
Pergerakan
Amortisasi Kurs Mata
Biaya Emisi/ Uang Asing/
31 Desember/ Amortization Foreign 31 Desember/
December 31 Arus Kas/ of Issuance Exchange Desember 31,
2022 Cash flows Cost Rate 2023
Obligasi subordinasi 2.395.776 - 3.075 - 2.398.851 Subordinated bonds
Pinjaman yang diterima 11.200.131 504.361 - - 11.704.492 Borrowings
Surat berharga yang Marketable securities sold
dijual dengan janji with agreements
dibeli kembali - 219.631 - - 219.631 to repurchase
Surat berharga yang diterbitkan 996.942 - 1.795 - 998.737 Marketable Securities issued
Total 14.592.849 723.992 4.870 - 15.321.711 Total
Perubahan Non Kas/
Non Cash Changes
Pergerakan
Amortisasi Kurs Mata
Biaya Emisi/ Uang Asing/
31 Desember/ Amortization Foreign 31 Desember/
December 31 Arus Kas/ of Issuance Exchange Desember 31,
2021 Cash flows Cost Rate 2022
Obligasi subordinasi 2.792.450 - (396.674) - 2.395.776 Subordinated bonds
Pinjaman yang diterima 2.426.241 8.887.273 (113.383) - 11.200.131 Borrowings
Surat berharga yang Marketable securities sold
dijual dengan janji with agreements
dibeli kembali 2.399.726 (2.399.726) - - - to repurchase
Surat berharga yang diterbitkan 995.258 - 1.684 - 996.942 Marketable Securities issued
Total 8.613.675 6.487.547 (508.373) - 14.592.849 Total
54. Informasi Keuangan Tersendiri Bank 54. Financial Information of The Bank
Bank menerbitkan laporan keuangan konsolidasian The Bank published the consolidated financial
yang merupakan laporan keuangan utama, statements as its primary financial statements. The
informasi keuangan tambahan PT Bank KB Bukopin supplementary financial statements of PT Bank KB
Tbk (Entitas Induk) ini, dimana investasi pada Bukopin Tbk (Parent Entity) which account for
Entitas Anak dicatat dengan metode harga investment in Subsidiaries using the cost method,
perolehan, disajikan untuk menganalisa hasil usaha and have been prepared in order that the parent
entitas induk saja. Informasi keuangan tambahan entity’s result of operations can be analyzed. The
PT Bank KB Bukopin Tbk (Entitas Induk) berikut ini supplementary financial information of PT Bank KB
(Lampiran I - Lampiran V) harus dibaca bersamaan Bukopin Tbk (Parent Entity) (Attachment I -
dengan laporan keuangan konsolidasian Attachment V) should be read in conjunction with
PT Bank KB Bukopin Tbk dan Entitas Anak. the consolidated financial statements of PT Bank KB
Bukopin Tbk and Subsidiaries.
55. Peristiwa Setelah Periode Pelaporan 55. Events After Reporting Date
Asset Bulk Sales Asset Bulk Sales
Asset Bulk Sales merupakan skema dari rangkaian Asset Bulk Sales is a scheme of a series of
transaksi yang terdiri dari: transactions consisting of:
Penjualan Kredit Loan Sales
Bank melakukan penjualan kredit kepada TLDC The Bank sold credit to TLDC PTE LTD with a total
PTE LTD dengan total baki debet Rp2.868.932 yang debit balance of IDR 2,868,932 purchased at a price
dibeli dengan harga Rp1.621.790 pada 28 Maret of Rp1,621,790 on March 28, 2024.
2024.
- 226 -
Page 712
PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK PT BANK KB BUKOPIN TBK
Catatan Atas Laporan Keuangan AND SUBSIDIARIES
Konsolidasian Notes To The Consolidated Financial Statements
Untuk Tahun yang Berakhir 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali (Figures are presented in million Rupiah, unless
dinyatakan lain) otherwise stated)
55. Peristiwa Setelah Periode Pelaporan (lanjutan) 55. Events After Reporting Date (continued)
Asset Bulk Sales (lanjutan) Asset Bulk Sales (continued)
Akuisisi Private Bond Private Bond Acquisition
Bank telah melakukan pembelian private bond dari The Bank has purchased a private bond of TLDC
TLDC PTE LTD dengan nominal sebesar USD106 PTE LTD with a nominal value of USD106 million on
juta pada 28 Maret 2024 dengan jangka waktu 5 March 28, 2024 which will be due in 5 years and
tahun dan Bunga floating berdasarkan US Treasury floating interest rate based on US Treasury Bills 5y
Bills 5y + margin variabel 0,8% (tahun ke-1 & tahun + variable margin 0.8% (year 1-year 2)/0.9%
ke-2)/0,9% (tahun ke-3)/1% (tahun ke 4 & tahun (year 3)/1% (year 4-year 5).
ke-5).
Pinjaman yang Diterima Borrowings
Berdasarkan dokumen Perjanjian Pinjaman pada Based on the Loan Agreement document dated
tanggal 1 April 2024, fasilitas pinjaman diterima oleh April 1, 2024, the loan facility was received by PT
PT Bank KB Bukopin Tbk dari The Korea Bank KB Bukopin Tbk from The Korea Development
Development Bank, cabang Singapura dengan Bank, Singapore branch, with a nominal amount of
nominal USD300.000.000. USD300,000,000.
56. Tanggung Jawab dan Otorisasi Penerbitan 56. Responsibilities and Authorized Issuance of
Laporan Keuangan Konsolidasian Consolidated Financial Statements
Manajemen Bank bertanggung jawab atas Management of the Bank is responsible for the
penyusunan dan penyajian laporan keuangan preparation and presentation of the consolidated
konsolidasian yang diotorisasi Direksi untuk terbit financial statements that are authorized by Directors
pada tanggal 20 Mei 2024. for issuance on May 20, 2024.
- 227 -
Page 713
Lampiran 1 Attachment 1
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Posisi Keuangan Statements Of Financial Position
Tanggal 31 Desember 2023 As at December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
ASET ASSETS
Kas 254.501 490.328 Cash
Current accounts with Bank
Giro pada Bank Indonesia 2.655.765 3.743.790 Indonesia
Current accounts with other
Giro pada bank lain 367.341 766.734 banks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 738.617 11.081.830 and other banks
Surat-surat berharga Marketable securities
Diukur pada nilai wajar Fair value through
melalui laba rugi 5.322.930 3.362.099 profit and loss
Diukur pada nilai wajar Fair value through
melalui penghasilan other comprehensive
komprehensif lain 3.477.939 1.090.347 income
Diukur pada biaya Measured at
perolehan amortisasi 8.808.097 7.661.041 amortized cost
17.608.966 12.113.487
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (109) (76) impairment losses
Surat-surat berharga - neto 17.608.857 12.113.411 Marketable securities - net
Tagihan Surat-surat berharga Marketable securities
yang dibeli dengan janji receivable purchased with
dijual kembali - neto 2.572.152 - agreements to resell - net
Tagihan derivatif 3.040 9.254 Derivative receivables
Kredit yang diberikan 44.183.228 45.984.992 Loans
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (3.353.299) (1.419.124) impairment losses
Kredit yang diberikan - neto 40.829.929 44.565.868 Loans - net
Tagihan akseptasi 132.577 17.346 Acceptances receivables
Dikurangi: Cadangan Less: Allowance for
kerugian penurunan nilai (1.613) (211) impairment losses
Tagihan akseptasi - neto 130.964 17.135 Acceptances receivables - net
Penyertaan saham 2.313.180 1.032.615 Investments in shares
Dikurangi: Less:
Akumulasi amortisasi dan Accumulated amortization and
penurunan nilai goodwill (106.229) (106.229) impairment losses of goodwill
Penyertaan saham - neto 2.206.951 926.386 Investments in shares - net
Aset tetap 4.322.260 4.360.811 Fixed assets
Dikurangi: Akumulasi penyusutan (1.300.473) (1.185.651) Less: Accumulated depreciation
Aset tetap - neto 3.021.787 3.175.160 Fixed assets - net
Aset pajak tangguhan - neto 2.558.816 1.858.834 Deferred tax assets - net
Aset tak berwujud 338.304 187.538 Intangible assets
Dikurangi: Akumulasi amortisasi (243.063) (176.339) Less: Accumulated amortization
Aset tak berwujud - neto 95.241 11.199 Intangible assets - net
Aset lain-lain - neto 5.798.633 5.943.811 Other assets - net
TOTAL ASET 78.842.594 84.703.740 TOTAL ASSETS
- 228 -
Page 714
Lampiran 1 Attachment 1
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Posisi Keuangan (lanjutan) Statements Of Financial Position (continued)
Tanggal 31 Desember 2023 As at December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 430.154 389.384 Liabilities immediately payable
Simpanan nasabah 39.036.634 46.696.050 Deposits from customers
Simpanan dari bank lain 7.761.176 10.374.005 Deposits from other banks
Liabilitas derivatif 808 12.259 Derivative payables
Liabilitas akseptasi 132.577 17.346 Acceptances payables
Pinjaman yang diterima 11.654.712 11.132.586 Borrowings
Surat berharga yang diterbitkan 3.397.588 3.392.717 Subordinated bond
Utang pajak 59.039 52.208 Taxes payables
Liabilitas lain-lain 1.607.185 1.311.221 Other liabilities
TOTAL LIABILITAS 64.079.873 73.377.776 TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham Share capital
Saham biasa kelas A - niIai Common A shares -
nominal Rp10.000 Rp10,000 (full amount)
(nilai penuh) par value
Saham biasa kelas B - niIai Common B shares -
nominal Rp100 Rp100 (full amount)
(nilai penuh) par value
Modal dasar Authorized capital
Saham biasa kelas A - Common A shares -
21.337.978 saham 21,337,978 shares
Saham biasa kelas B - Common B shares -
207.866.202.200 saham 207,866,202,200 shares
Modal ditempatkan dan Issued and fully paid
disetor penuh capital
Saham biasa kelas A - Common A shares -
21.337.978 saham 21,337,978 shares
Saham biasa kelas B - Common B shares -
187.866.201.892 saham per 187,866,201,892 shares
31 Desember 2023 dan as at December 31, 2023 and
67.866.202.200 saham per 67,866,202,200 shares
31 Desember 2022 19.000.000 7.000.000 as at December 31, 2022
Tambahan modal disetor 8.225.767 8.286.428 Additional paid-in capital
Uang muka setoran modal - 3.000.000 Advance for future shares subscription
Surplus revaluasi aset 1.557.366 1.559.122 Asset revaluation surplus
Keuntungan (kerugian)
yang belum direalisasi
atas surat-surat Unrealized gain (loss) on
berharga dalam kelompok fair value through other
nilai wajar melalui penghasilan comprehensive income
komprehensif lain 7.563 2.625 marketable securities
Akumulasi rugi (14.027.975) (8.522.211) Accumulated deficit
TOTAL EKUITAS 14.762.721 11.325.964 TOTAL EQUITY
TOTAL LIABILITAS DAN EKUITAS 78.842.594 84.703.740 TOTAL LIABILITIES AND EQUITY
- 229 -
Page 715
Lampiran 2 Attachment 2
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Laba Rugi Dan Penghasilan Statements Of Profit Or Loss And Other
Komprehensif Comprehensive Income
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
PENDAPATAN DAN BEBAN INCOME AND EXPENSES
OPERASIONAL FROM OPERATIONS
Pendapatan bunga 4.347.708 3.674.535 Interest income
Beban bunga (3.738.512) (2.828.247) Interest expense
Pendapatan bunga - neto 609.196 846.288 Interest income - net
Pendapatan operasional lainnya Other operating income
Provisi dan komisi lainnya 310.805 266.695 Other fees and commissions
Keuntungan atas penjualan Gain on sale of marketable
surat-surat berharga - neto (8.899) 13.082 securities - net
Gain on foreign
Keuntungan selisih kurs - neto 29.265 31.815 exchange - net
Lain-lain 98.562 116.955 Others
Total pendapatan operasional
lainnya 429.733 428.547 Total other operating income
Provision allowance
Pembentukan cadangan for impairment
kerugian penurunan nilai losses on financial
atas aset keuangan – neto (4.979.817) (3.856.675) assets - net
Provision for allowance for
Beban estimasi kerugian atas Commitments and
komitmen dan kontinjensi - bersih (1.999) (2.272) Contingencies -net
Beban penyisihan Provision for allowance
kerugian penurunan nilai atas for impairment losses
aset non-keuangan - neto (268.218) (84.127) non-financial assets - net
Keuntungan (kerugian) dari perubahan Gain (loss) from in fair value
nilai wajar aset keuangan 155.384 (147.542) of financial assets
Keuntungan (kerugian) transaksi Gain (loss) from foreign
mata uang asing - neto 5.235 (1.919) exchange transactions - net
Umum dan administrasi (1.247.117) (1.442.582) General and administrative
Salaries and employee
Gaji dan tunjangan karyawan (706.146) (623.497) benefits
Premi program Premium on government
penjaminan pemerintah (86.843) (106.404) guarantee program
Total operational
Total beban operasional Iainnya (2.040.106) (2.172.483) expenses
LOSS FROM
RUGI OPERASIONAL (6.088.072) (4.990.183) OPERATIONS
BEBAN NON-OPERASIONAL - NETO (125.498) (74.508) NON-OPERATING LOSS - NET
RUGI SEBELUM BEBAN LOSS BEFORE
PAJAK PENGHASILAN (6.213.570) (5.064.691) INCOME TAX EXPENSE
- 230 -
Page 716
Lampiran 2 Attachment 2
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Laba Rugi Dan Penghasilan Statements Of Profit Or Loss And Other
Komprehensif (lanjutan) Comprehensive Income (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
MANFAAT (BEBAN) INCOME TAX
PAJAK PENGHASILAN BENEFIT (EXPENSE)
Tangguhan 702.789 94.711 Deferred
Manfaat (beban) pajak Income tax (expense)
penghasilan - neto 702.789 94.711 benefit - net
RUGI TAHUN BERJALAN (5.510.781) (4.969.980) LOSS FOR THE YEAR
PENGHASILAN KOMPREHENSIF OTHER COMPREHENSIVE
LAIN: INCOME:
Pos-pos yang tidak akan Items that will not be
direklasifikasi ke laba rugi: reclassified to profit or loss:
Pengukuran kembali kerugian Remeasurement loss on
atas program imbalan pasti 6.432 23.760 defined benefit
Perubahan surplus revaluasi aset (1.756) 77.837 Changes in asset revaluation surplus
Pajak penghasilan terkait pos-pos Income tax related to items
yang tidak akan direklasifikasi that not be reclasified
ke laba rugi (1.415) (5.227) to profit or loss
Items that may be
Pos-pos yang akan direklasifikasi: reclassified subsequently
ke laba rugi: to profit or loss:
Perubahan nilai wajar Changes in fair value
surat-surat berharga dalam of fair value through other
nilai wajar melalui penghasilan comprehensive income
komprehensif lain 6.330 (70.134) marketable securities
Pajak penghasilan terkait pos-pos Income tax related to items
yang akan direklasifikasi that will be reclasified
ke laba rugi (1.392) 15.429 to profit or loss
Total penghasilan Total other comprehensive
komprehensif lain - neto 8.199 41.665 income - net
Total rugi komprehensif Total comprehensive
tahun berjalan (5.502.582) (4.928.315) loss for the year
RUGI PER SAHAM LOSS PER SHARE
Dasar/dilusian (nilai penuh) (56) (73) Basic/diluted (full amount)
- 231 -
Page 717
Lampiran 3 Attachment 3
PT BANK KB BUKOPIN TBK (ENTITAS INDUK SAJA) PT BANK KB BUKOPIN TBK (PARENT ONLY)
Laporan Perubahan Ekuitas Statements Of Changes In Equity
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2023 For the Year Ended December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, Kecuali dinyatakan lain) (Figures are presented in million Rupiah unless otherwise stated)
Keuntungan
yang Belum
Direalisasi
atas Surat-Surat
Berharga Dalam
Kelompok Nilai
Wajar melalui
Penghasilan
Komprehensif Lain
- Setelah Pajak
Tangguhan/
Unrealized
Modal Gains on
Ditempatkan Fair Value
dan Disetor Tambahan Uang Muka Surplus Through Other
Penuh/ Modal Setoran Modal/ Revaluasi Aset/ Comprehensive Akumulasi
Issued and Disetor/ Advance for Asset Income Marketable Rugi/
Fully Paid Additional Future Shares Revaluation Securities - Net Accumulated
Capital Paid-in Capital Subscription Surplus of Deferred Tax Deficit Total
`
Saldo per 1 Januari 2022/
Balance as of January 1, 2022 7.000.000 8.286.428 - 1.481.285 57.330 (3.570.765) 13.254.278
`
Uang muka setoran modal/
Advance for future shares subscription - - 3.000.000 - - - 3.000.000
Surplus revaluasi aset/
Assets revaluation surplus - - - 77.837 - - 77.837
Kerugian yang belum direalisasi atas surat-surat
berharga dalam kelompok nilai wajar melalui
penghasilan komprehensif lain - setelah pajak
tangguhan/
Unrealized loss on fair value through other
comprehensive income marketable securities -
net of deferred tax - - - - (54.705) - (54.705)
Pengukuran kembali atas program imbalan pasti -
setelah pajak tangguhan
Remeasurement on defined benefit plans –
net of deferred tax - - - - - 18.534 18.534
Rugi tahun berjalan/Loss for the year - - - - - (4.969.980) (4.969.980)
`
Saldo per 31 Desember 2022/
Balance as of December 31, 2022 7.000.000 8.286.428 3.000.000 1.559.122 2.625 (8.522.211) 11.325.964
- 232 -
Page 718
Lampiran 3
PT BANK KB BUKOPIN TBK (ENTITAS INDUK SAJA) PT BA
Laporan Perubahan Ekuitas (lanjutan) Statem
Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2023
(Angka-angka Disajikan dalam jutaan Rupiah, Kecuali dinyatakan lain) (Figures are presented in m
Keuntung
yang Belu
Direalisa
atas Surat-S
Berharga D
Kelompok
Wajar mel
Penghasi
Komprehens
- Setelah P
Tangguha
Unrealize
Modal Gains o
Ditempatkan Fair Valu
dan Disetor Tambahan Uang Muka Surplus Through O
Penuh/ Modal Setoran Modal/ Revaluasi Aset/ Comprehensiv
Issued and Disetor/ Advance for Asset Income Mark
Fully Paid Additional Future Shares Revaluation Securities -
Capital Paid-in Capital Subscription Surplus of Deferred
`
Saldo per 1 Januari 2023/
Balance as of January 1, 2023 7.000.000 8.286.428 3.000.000 1.559.122
`
Uang muka setoran modal/
Advance for future shares subscription 3.000.000 - (3.000.000) -
Penerimaan dana PUT VII dan
penempatan pribadi 9.000.000 (60.661) - -
Penghentian revaluasi aset/
Dececognation assets revaluation - - - (1.756)
Kerugian yang belum direalisasi atas surat-surat
berharga dalam kelompok nilai wajar melalui
penghasilan komprehensif lain - setelah pajak
tangguhan/
Unrealized loss on fair value through other
comprehensive income marketable securities -
net of deferred tax - - - -
Pengukuran kembali atas program imbalan pasti -
setelah pajak tangguhan
Remeasurement on defined benefit plans –
net of deferred tax - - - -
Rugi tahun berjalan/Loss for the year - - - -
`
Saldo per 31 Desember 2023/
Balance as of December 31, 2023 19.000.000 8.225.767 - 1.557.366
- 233 -
Page 719
Attachment 3
Lampiran 4 Attachment 4
ANK KB BUKOPIN TBK (PARENT ONLY)
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
ments Of Changes In Equity
(ENTITAS (continued)
INDUK SAJA) (PARENT ONLY)
For the Year Ended December
Laporan Arus Kas31, 2023 Statements Of Cash Flow
million Rupiah unless otherwise
Untuk Tahun yangstated)
Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
gan Kecuali dinyatakan lain) unless otherwise stated)
um
asi
Surat
Dalam
Nilai
lalui
ilan
sif Lain
Pajak
2023 2022
an/
ed ARUS KAS DARI CASH FLOWS FROM
on AKTIVITAS OPERASI OPERATING ACTIVITIES
ue Penerimaan bunga 4.417.801 3.566.202 Receipts from interest
Other Pembayaran bunga (3.948.183) (2.789.351) Payments of interest expense
ve Akumulasi
Pendapatan operasional Iainnya 325.797 193.350 Other operating income
ketable Rugi/
- Net
Penerimaan
Accumulated
kembali kredit Recoveries from
d Tax Deficityang telah dihapusbukukan
Total 179.698 84.763 written-off loans
Pembayaran gaji dan Payments of salaries and
tunjangan karyawan (727.681) (845.329) employee benefits
2.625 (8.522.211) 11.325.964
Beban operasional Iainnya (1.112.903) (1.731.424) Other operating expenses
Beban non operasional (119.192) (74.727) Non operating expenses
- - -
Pengeluaran kas Cash out before changes
- sebelum - perubahan8.939.339
dalam aset before in operating
dan liabilitas operasi (984.663) (1.596.516) assets and liabilities
- Perubahan - dalam aset dan
(1.756) Changes in operating assets
liabilitas operasi: and liabilities:
Penurunan (kenaikan) Decrease (increase)
aset operasi: in operating assets:
Penempatan pada bank lain Placements with other banks
yang jatuh tempo with maturities of more
- lebih dari
- 3 bulan - than 3 months
sejak tanggal perolehan (2.011.721) (30.000) from acquisition date
Surat-surat berharga - Marketable securities -
diperdagangkan 2.929.462 3.747.558 trading
4.938 5.017
Surat-surat 9.955
berharga - kredit Marketable securities -
- (5.510.781) (5.510.781)
yang diberikan dan piutang 495.880 724.074 loans and receivables
Kredit yang diberikan (1.423.577) 1.891.553 Loans
7.563 Tagihan akseptasi 14.762.721
(14.027.975) 113.828 11.783 Acceptances receivable
Aset lain-lain (158.276) (1.582.602) Other assets
Kenaikan (penurunan) Increase (decrease)
liabilitas operasi: in operating liabilities:
Liabilitas segera 40.770 100.139 Liabilities immediately payable
Simpanan nasabah: Deposits from customers:
Giro (464.823) 127.514 Demand deposits
Tabungan (88.679) (1.901.335) Savings deposits
Deposito berjangka (7.105.913) (2.775.137) Time deposits
Simpanan dari bank lain (2.612.829) 783.085 Deposits from other banks
Liabilitas akseptasi 115.231 11.928 Acceptances payable
Utang pajak 13.160 13.930 Taxes payable
Liabilitas lain-lain 527.169 66.919 Other liabilities
Kas neto digunakan Net cash used in
untuk aktivitas operasi (10.614.981) (407.107) operating activities
- 234 -
Page 720
Lampiran 4 Attachment 4
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Arus Kas (lanjutan) Statements Of Cash Flow (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS INVESTASI INVESTING ACTIVITIES
Penerimaan dari penjualan Receipts from sale of marketable
surat-surat berharga - nilai wajar securities - fair value through
melalui penghasilan komprehensif lain 260.000 1.099.665 other comprehensive income
Penerimaan dari surat-surat Receipts from matured
berharga yang jatuh tempo 11.665.372 4.106.018 marketable securities
Pembelian surat-surat berharga - Purchase of marketable securities -
nilai wajar melalui penghasilan fair value through other
komprehensif lain dan pada comprehensive income and
biaya perolehan diamortisasi (21.294.342) (12.558.187) at amortized cost
Receipts from matured
Penerimaan dari surat-surat marketable
berharga yang dibeli dengan janji securities purchased
dijual kembali yang jatuh tempo 57.780.679 33.774.734 with agreement to resell
Pembayaran atas surat-surat Payments of marketable
berharga yang dibeli dengan securities purchased
janji dijual kembali (60.352.831) (33.525.187) with agreement to resell
Pembelian aset tetap (45.775) (47.065) Purchase of fixed assets
Proceeds from sale of fixed
Hasil penjualan aset tetap 22.395 7.624 assets
Pembelian piranti lunak (150.766) (105) Purchase of software
Penurunan penyertaan saham 1.280.565 - Decrease in investment in shares
Kas neto digunakan untuk Net cash used in
aktivitas investasi (10.834.703) (7.142.503) investing activities
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS PENDANAAN FINANCING ACTIVITIES
Penerimaan dari surat-surat Receipts from marketable
berharga yang dijual dengan securities sold with
janji dibeli kembali 8.907.903 10.806.560 agreement to repurchase
Pembayaran atas jatuh tempo Payments of matured
surat-surat berharga yang dijual marketable securities sold with
dengan janji dibeli kembali (8.907.903) (13.183.397) agreement to repurchase
Penerimaan dari pinjaman Proceeds from
yang diterima 1.246.361 8.886.990 borrowings
Pembayaran pinjaman yang diterima (724.234) (80.196) Payment of borrowings
Biaya penerbitan surat berharga Cost of issuance of
yang diterbitkan securities issued
Penerimaan dana setoran modal - 3.000.000 future shares subscription
Penerimaan modal dari Penawaran Receipts from Limited Public
Umum Terbatas VII 8.939.339 - Offering VII
Kas neto diperoleh dari Net cash provided by
aktivitas pendanaan 9.461.466 9.429.957 financing activities
- 235 -
Page 721
Lampiran 4 Attachment 4
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Laporan Arus Kas (lanjutan) Statements Of Cash Flow (continued)
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka Disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
Kecuali dinyatakan lain) unless otherwise stated)
2023 2022
PENINGKATAN (PENURUNAN) NET INCREASE (DECREASE)
NETO KAS DAN IN CASH AND
SETARA KAS (11.988.218) 1.880.347 CASH EQUIVALENTS
Pengaruh perubahan kurs Effect of foreign currency
mata uang asing (48.240) (422.198) exchange rate changes
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AWAL TAHUN 16.052.682 14.594.533 AT BEGINNING OF YEAR
KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS
AKHIR TAHUN 4.016.224 16.052.682 AT END OF YEAR
Cash and cash equivalents
Kas dan setara kas terdiri dari: consist of:
Kas 254.501 490.328 Cash
Current accounts with
Giro pada Bank Indonesia 2.655.765 3.743.790 Bank Indonesia
Current accounts with
Giro pada bank lain 367.341 766.734 other banks
Penempatan pada Placements with Bank Indonesia
Bank Indonesia dan bank lain yang and other banks with original
jatuh tempo dalam 3 bulan atau kurang maturities of 3 months or less
sejak tanggal perolehan 738.617 11.051.830 from acquisition date
Total 4.016.224 16.052.682 Total
- 236 -
Page 722
Lampiran 5 Attachment 5
PT BANK KB BUKOPIN TBK PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA) (PARENT ONLY)
Pengungkapan Lainnya Other Disclosure
Untuk Tahun yang Berakhir pada Tanggal For the Year Ended
31 Desember 2023 December 31, 2023
(Angka-angka disajikan dalam jutaan Rupiah, (Figures are presented in million Rupiah
kecuali dinyatakan lain) unless otherwise stated)
1. Laporan Keuangan Tersendiri 1. Separate Financial Statements
Laporan posisi keuangan, laporan laba rugi dan Statements of financial position, statements of
penghasilan komprehensif lain, laporan perubahan profit or loss and other comprehensive income,
ekuitas dan laporan arus kas Entitas Induk adalah changes in equity and cash flows of the Parent are
laporan keuangan tersendiri yang merupakan separate financial statements which represents
informasi tambahan atas laporan keuangan additional information to the consolidated financial
konsolidasian. statements.
2. Daftar Investasi Pada Entitas Anak 2. Schedule Of Investment In Subsidiaries
2023
Biaya
perolehan Biaya
Persentase 1 Jan. 2023/ Perolehan
Kepemilikan/ Acquisition 31 Des. 2023/
Nama Entitas/ Percentage of Cost Penambahan/ Pengurangan/ Carrying Value
Entity Name Ownership Jan. 1, 2023 Additions Deductions Dec. 31, 2023
PT KB Bukopin Finance 99,24% 190.600 600.565 - 791.165
PT Bank KB Bukopin Syariah 95,92% 842.000 680.000 - 1.522.000
Total 1.032.600 1.280.565 - 2.313.165
Akumulasi amortisasi dan penurunan nilai
goodwill/ Accumulated amortization and
impairment losses of goodwill (106.229)
2.206.936
2022
Biaya
perolehan Biaya
Persentase 1 Jan. 2022/ Perolehan
Kepemilikan/ Acquisition 31 Des. 2022/
Nama Entitas/ Percentage of Cost Penambahan/ Pengurangan/ Carrying Value
Entity Name Ownership Jan. 1, 2022 Additions Deductions Dec. 31, 2022
PT KB Bukopin Finance 97,03% 190.600 - - 190.600
PT Bank KB Bukopin Syariah 92,78% 842.000 - - 842.000
Total 1.032.600 - - 1.032.600
Akumulasi amortisasi dan penurunan nilai
goodwill/ Accumulated amortization and
impairment losses of goodwill (106.229)
926.371
- 237 -
Page 723
Page 724
2023 Annual
Report
Strengthening
a Solid Business
Foundation
PT Bank KB Bukopin Tbk
Kantor Pusat
Gedung KB Bank
Jl. M.T. Haryono Kav. 50-51 Jakarta Selatan 12770
+6221-7988266, 7989837
+6221-7980625, 7980238, 7980244
www.kbbank.co.id
corsec@kbbank.co.id
kbbukopin
Names mentioned 259 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.2 ×11
unresolved
org
Bank KB
p.6 ×7
unresolved
org
Bank Bukopin Tbk
p.7 ×29
unresolved
org
Bank Indonesia
p.16 ×20
unresolved
org
Exchange Name
· Issuer Name
p.24
unresolved
org
Bank Bukopin Sustainable Subordinated
p.24
unresolved
org
Bank KB Bukopin Sustainable Senior Bonds I
p.24
unresolved
org
Bank KB Bukopin Sustainable Subordinated
p.24
unresolved
org
Bank Will Soon Generation Bank System Like Kookmin
p.26
unresolved
org
Bank Korea
p.26 ×2
unresolved
org
KB Financial Group Inc
p.26 ×2
unresolved
org
PT Inti Persero Fund Investments
p.26
unresolved
org
Bank Establishes Collaboration
p.27
unresolved
org
Bank Collaborates
p.27
unresolved
org
Bank Earns Net Interest Income
p.27
unresolved
org
KB Bank Tbk
p.27
unresolved
org
PT INKA Multi
p.27
unresolved
org
PT IMS
p.27
unresolved
org
Bank Bank Maintains
p.27
unresolved
org
Bank Shows Solid Energy
p.27
unresolved
org
Bank KB Kookmin
p.27 ×2
unresolved
org
Bank Wins
p.28
unresolved
org
Bank Receives
p.28
unresolved
org
Bukopin Tbk
p.28 ×6
unresolved
org
Bank Distributes Bank Gives SMTOWN LIVE
p.28
unresolved
org
Bank Distributes IDR
p.28
unresolved
org
Bank Distributes Syndicated
p.29
unresolved
org
Bank Transfers All Digital Banking
p.29
unresolved
org
Bank IDR
p.29
unresolved
org
PT INKA Trains
p.29
unresolved
org
PT Industri Kereta Api (Persero)
p.29 ×2
unresolved
org
Bank Indonesia's
p.33 ×5
unresolved
org
Regional Governments. Bank KB Bukopin Tbk
p.33
unresolved
org
Bank As
p.33
unresolved
org
KB Bukopin Tbk
p.34 ×4
unresolved
org
Bank Personnel
p.34 ×2
unresolved
person
Extraordinary GMS
· President Commissioner
p.36 ×20
unresolved
person
Annual GMS
· Commissioner
p.36
unresolved
org
Processing Tbk
p.39
unresolved
org
PT Inka Persero
p.40 ×2
unresolved
org
Bank KB Bank's
p.42
unresolved
org
PT Energi Makmur Buana
p.44
unresolved
org
PT Indika Energy. This
p.44
unresolved
org
Bank KB Bukopin Syariah
p.44 ×7
unresolved
org
Indonesia Stock Exchange
p.50
unresolved
org
PT KB Bukopin Finance Head Office
p.50
unresolved
org
Bank Facebook
p.50
unresolved
org
Bank Instagram
p.50
unresolved
org
Directorate General of Cooperatives
p.51 ×4
unresolved
org
Ministry of Law and Human Rights
p.51 ×2
unresolved
org
Minister of Finance’s
p.51
unresolved
org
PT Indo Trans Buana Multi
p.52
unresolved
org
PT Bukopin Finance
p.52 ×4
unresolved
org
PT Bank United Indonesia
p.52
unresolved
org
PT Bank Persyarikatan Indonesia
p.52 ×2
unresolved
org
PT Bank Syariah
p.52 ×5
unresolved
person
Notary Muhani Salim
p.53
unresolved
org
Bank Umum Koperasi Indonesia
p.54
unresolved
org
PT Bank Syariah Bukopin
p.54 ×3
unresolved
org
PT Bank Persyarikatan Bonds.
p.54
unresolved
org
PT Indo Trans Buana Multifinance
p.54
unresolved
org
PT Bosowa Corporindo
p.55 ×2
unresolved
org
Bank Bukopin Phase I
p.55
unresolved
org
Bank Bukopin’s
p.55 ×2
unresolved
org
Bank Bukopin’s Medium
p.55
unresolved
org
Bank Bukopin Continuous Term Notes
p.55
unresolved
org
Bank KB Bank
p.55 ×2
unresolved
org
Bank Indonesia Certificate
p.58
unresolved
org
Bank Guarantees
p.59 ×2
unresolved
org
Bapepam-LK
p.60 ×8
unresolved
org
Ministry of Finance
p.60 ×2
unresolved
org
PT AIA Financial
p.61 ×2
unresolved
org
PT Sucofindo Prima Internasional Consultant
p.68
unresolved
org
PT Proteksi Antar Nusa
p.68 ×2
unresolved
person
Vice
· President Commissioner
p.69 ×2
unresolved
org
Bank Administration
p.69
unresolved
org
PT Satu Gen Indonesia
p.70
unresolved
org
PT Bosowa
p.70
unresolved
org
PT Satu Gen
p.70
unresolved
org
PT Sol Work Experience
p.71
unresolved
org
Foreign Lawyer MR&Partners
p.71
unresolved
org
APEX LLC
p.71
unresolved
org
PT. Certifications
p.71
unresolved
person
Independet
· Komisaris Independen
p.72
unresolved
org
PT Sarana Menara Presidential Palace
p.72
unresolved
org
Bank Pictet
p.72
unresolved
org
PT Media Fajar
p.72
unresolved
org
PT Pelindo IV
p.72
unresolved
org
PT Sarana Menara Nusantara Foundation
p.72
unresolved
org
Bank Affiliate Relations
p.74 ×5
unresolved
org
Bank Bukopin Pension Fund
p.75
unresolved
org
Bank Bank Affiliate Relations
p.75 ×2
unresolved
org
PT Sahabat Financial Work Experience
p.76
unresolved
org
Negara Indonesia (Persero) Tbk
p.76
unresolved
org
PT Bank OCBC Indonesia
p.76
unresolved
org
PT Bank ANZ Indonesia
p.77
unresolved
org
Managing Director OCBC NISP Tbk
p.77
unresolved
org
KB Securities Co., Ltd
p.78 ×2
unresolved
person
DRS. RIDWAN W. JULIANTO
p.80
unresolved
org
Foreign Corporation
p.86 ×20
unresolved
org
PT Jasa Investindo
p.87 ×2
unresolved
org
Singapore Limited
p.87 ×2
unresolved
org
Koperasi Perkayuan APKINDO
p.87 ×2
unresolved
org
General Resources Asia Limited
p.87
unresolved
org
Foreign Corporation New Luck Holdings Limited
p.87 ×2
unresolved
org
Koperasi Simpan Pinjam Jasa
p.87 ×2
unresolved
org
Koperasi JPMCB NA RE-VANGUARD
p.87
unresolved
org
PT Oentung Karya Bersama
p.87
unresolved
org
PT Belian Tambang Indonesia
p.87
unresolved
org
Foreign Corporation STIC Eugene Star Holding Inc
p.87
unresolved
org
Institutional Total International General Resources Asia Limited
p.88
unresolved
org
Foreign Corporation STIC Eugene Star Holdings Inc.
p.88
unresolved
—
Cooperatives
p.89 ×2
unresolved
org
Pension Fund
p.89 ×2
unresolved
—
Government Institution
p.89 ×2
unresolved
org
Mutual Funds
p.89
unresolved
—
Foreign Individuals
p.89 ×2
unresolved
—
Foreign Corporations
p.89
unresolved
org
HMETD. Limited
p.94 ×4
unresolved
org
Bank Bukopin Jakarta Employee Cooperative
p.94
unresolved
org
Bank Bukopin II
p.96
unresolved
org
Bank Bukopin Trance I Year
p.96 ×2
unresolved
org
Bank Bukopin Trance II Year
p.96
unresolved
org
Public Star Holding Inc
p.97
unresolved
org
PT KB Bukopin Finance
p.98 ×10
unresolved
org
PT Indo Trans Buana Multi Finance
p.98
unresolved
person
Amastasia Dau
p.98
unresolved
org
PT Leasing Indo Corporation
p.98
unresolved
org
Minister of Justice
p.98
unresolved
org
Minister of Finance
p.98
unresolved
org
PT Indo Trans
p.98
unresolved
person
Agustinus Iwan Christanto
· Commissioner
p.98
unresolved
person
Fajar Satritama
· Director
p.98
unresolved
org
PT Bank Persyarikatan
p.99 ×2
unresolved
person
M. Jusuf Kalla
p.99
unresolved
org
PT Bank Swansarindo
p.99
unresolved
org
Bank Bukopin ATMs.
p.99
unresolved
org
PT Bank Swansarindo Internasional
p.99 ×2
unresolved
org
Bank Business Licenses
p.99
unresolved
org
Bank Offices.
p.99
unresolved
person
Deddy SA Kodir
· Commissioner
p.99
unresolved
person
Abdul Mu’ti
· Commissioner
p.99
unresolved
person
H. Ikhwan Abidin Basri
· Chairman
p.99 ×2
unresolved
person
Prof. DR. H. Syamsul Anwar
· Member
p.99
unresolved
org
Mirawati Sensi Idris
p.100 ×2
unresolved
org
Tanudiredja
p.100
unresolved
org
Rintis & Rekan
p.100
unresolved
org
PT Kustodian Sentra Efek Indonesia
p.101
unresolved
person
Notary Public Aulia Taufani
· Notaris
p.101 ×5
unresolved
org
Bank Bank Syariah Bukopin
p.103
unresolved
org
Bank Syariah Bukopin. About KB Bank
p.103
unresolved
org
Bank ATMs
p.104
unresolved
—
Business Development Skill
· Commissioner
p.105 ×17
unresolved
person
Technical
· Commissioner
p.110 ×2
unresolved
person
Competency
· Commissioner
p.110
unresolved
org
KB Kookmin Bank Co., Ltd.
p.179 ×2
unresolved
org
PT Haka Sarana Investama Bank's
p.179
unresolved
org
PT Bosowa Berlian Motor
p.179 ×2
unresolved
org
PT Bosowa Amal Taksi
p.179 ×2
unresolved
org
PT Mallomo
p.179 ×2
unresolved
org
PT Bosowa Utama
p.179 ×2
unresolved
org
PT Makassar Capital
p.179 ×2
unresolved
org
PT Bosowa Tambang Indonesia
p.179 ×2
unresolved
org
PT KB Finansial Multi Finance
p.179
unresolved
org
PT Sunindo KB Finance
p.179 ×2
unresolved
org
PT Kurnia Oryza Abadi
p.179 ×2
unresolved
org
PT Dalle Mineral Papua Controlled
p.179
unresolved
org
PT Gerin Surya Gemilang Bank
p.179
unresolved
org
Dana Pensiun Bank KB Bukopin Management
p.179
unresolved
org
PT Haka Sarana Investama
p.179
unresolved
org
PT Dalle Mineral Papua
p.179
unresolved
org
PT Gerin Surya Gemilang
p.179
unresolved
org
PT Merpati Wahana Taksi
p.179
unresolved
org
PT Karya Ratu Mulia
p.179
unresolved
org
PT Legalino Lines
p.179
unresolved
org
PT Oto Rental Nusantara
p.179
unresolved
org
PT Anisbi Nunggal Bhakti
p.179
unresolved
org
PT Bantimurung Indah
p.179
unresolved
org
Bank KB Bukopin. Therefore
p.311
unresolved
org
Menteri
p.496
unresolved
org
Kementerian
p.496
unresolved
person
Jang
p.497 ×2
unresolved
person
Jin Bum Kim
· Direktur Strategi
p.498
unresolved
person
Togar Natigor Siregar
· Anggota
p.499
unresolved
person
Rahardja Alim Hamzah
· Anggota
p.499
unresolved
person
Gamaridha Akhirul AR
· Anggota
p.500
unresolved
person
Dinan Sufendi Rae
· Anggota
p.500
unresolved
person
Notary Tan A Sioe
· Notaris
p.501 ×3
unresolved
person
Akta Notaris Linsia
p.501
unresolved
person
Linsia
p.501
unresolved
org
PT Bukopin Finance Finance
p.501
unresolved
org
PT Bank Shinhan
p.625
unresolved
person
Notary Aulia Taufani
p.635
unresolved
org
Minister of Justice and Human Rights
p.635
unresolved
org
Koperasi Pegawai Bulog
p.635
unresolved
org
Koperasi Pegawai Bulog Seluruh Indonesia
p.635
unresolved
org
TLDC TLDC PTE LTD
p.712
unresolved
org
PTE LTD
p.712
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